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Morningstar

Invesco Rochester® Limited Tm NY Mncpl C LTNCX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 2.79  /  +0.02 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    1.500%
  • Expense Ratio 1.660%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni Single State Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.43%
  • Effective Duration 4.10 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis LTNCX

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

  • People Pillar

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

Invesco Rochester ® Limited Tm NY Mncpl C's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy 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 LTNCX

More LTNCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CHILDRENS TR FD P R TOB SETTLEMENT REV 5.5%

2.19 32.4 Mil
municipal

NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 4%

1.62 23.9 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

1.51 22.3 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5%

1.36 20.1 Mil
municipal

PUERTO RICO COMWLTH 5.375%

1.30 19.3 Mil
municipal

NEW YORK N Y 4%

1.24 18.3 Mil
municipal

LONG ISLAND PWR AUTH N Y ELEC SYS REV 5%

1.15 17.0 Mil
municipal

NEW YORK CONVENTION CTR DEV CORP N Y REV 5%

1.10 16.2 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%

1.08 15.9 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5%

1.06 15.6 Mil
municipal