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Morningstar

Invesco High Yield Municipal C ACTFX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 8.37  /  +0.01 %
  • Total Assets 7.5 Bil
  • Adj. Expense Ratio
    1.590%
  • Expense Ratio 2.130%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.35%
  • Effective Duration 9.70 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:05 PM GMT+0

Morningstar’s Analysis ACTFX

Will ACTFX outperform in 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 ACTFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ACTFX 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 ACTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Invesco High Yield Municipal C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ACTFX

More ACTFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd Currency Cash

1.22 96.3 Mil
Cash and Equivalents

CHILDRENS TR FD P R TOB SETTLEMENT REV 0%

1.13 89.1 Mil
municipal

INLAND EMPIRE TOBACCO SECURIZATION AUTH CALIF TOB 0%

1.00 78.3 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.88 69.5 Mil
municipal

NASSAU CNTY N Y TOBACCO SETTLEMENT CORP 5.125%

0.79 61.8 Mil
municipal

CALIFORNIA ST 3.3%

0.70 55.0 Mil
municipal

WESTCHESTER CNTY N Y INDL DEV AGY SPL FAC REV 7%

0.67 53.1 Mil
municipal

TOBACCO SETTLEMENT AUTH IOWA TOB SETTLEMENT REV 0%

0.67 52.8 Mil
municipal

GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0%

0.66 51.6 Mil
municipal

CHILDRENS TR FD P R TOB SETTLEMENT REV 0%

0.65 50.8 Mil
municipal