Morningstar

Invesco Intermediate Term Municipal Income Fund Class A VKLMX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$10.25  /  +0.20%
  • Fund Size$2.1B
  • Adjusted Expense Ratio0.750%
  • Net Expense Ratio0.780%
  • Fee Level: DistributionAverage
  • Share Class TypeFront Load
  • Morningstar CategoryMuni National Intermediate
  • Fixed-Income Style Box (Funds)—
  • Minimum Initial Investment$1,000
  • Investment StatusOpen
  • TTM Yield3.74%
  • Average Effective Duration6.01 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VKLMX

Will VKLMX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VKLMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VKLMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VKLMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Finding its footing.

Associate Analyst Rafael Ramirez

Rafael Ramirez

Associate Analyst

Summary

Invesco Intermediate Term Municipal Income draws on a large muni team that appears more settled than in prior years, but its relatively aggressive approach compared with most intermediate national muni Morningstar Category peers has yet to demonstrate an edge.

by Rafael Ramirez
Rated on Published on

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Portfolio Holdings VKLMX

More VKLMX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings7.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd Currency Cash

1.8941M
Cash and Equivalents

Invesco Intermediate Municipal ETF

1.2426M
—

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.1625M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA GAS SUPPLY REV 5.25%

0.7817M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.7015M
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5.375%

0.6714M
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%

0.6213M
municipal

TEXAS WTR DEV BRD REV 4.125%

0.6113M
municipal

HOUSTON TEX ARPT SYS REV 4%

0.5913M
municipal

TOBACCO SETTLEMENT FING CORP RHODE IS 5%

0.5813M
municipal

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