The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Invesco Rochester® Limited Tm NY Mncpl C to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
- NAV / 1-Day Return 2.80 / 0.01 %
- Total Assets 1.7 Bil
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Adj. Expense Ratio
- Expense Ratio 1.530%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Muni Single State Short
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.89%
- Effective Duration 5.48 years
Morningstar’s Analysis LTNCX
Will LTNCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.