Morningstar

Invesco Limited Term California Municipal Fund Class A OLCAX

Morningstar Medalist Rating
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Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return $3.04  /  +0.66 %
  • Fund Size $899.9M
  • Adjusted Expense Ratio 0.770%
  • Net Expense Ratio 0.790%
  • Fee Level: Distribution High
  • Share Class Type Front Load
  • Morningstar Category Muni Single State Short
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.45%
  • Average Effective Duration 4.75 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis OLCAX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Invesco Limited Term CA Municipal A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings OLCAX

More OLCAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOS ANGELES CALIF DEPT ARPTS ARPT REV 5%

2.31 23M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.94 19M
municipal

LONG BEACH CALIF HBR REV 5%

1.66 16M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.59 16M
municipal

CALIFORNIA MUN FIN AUTH SPL FAC REV 4%

1.59 16M
municipal

SAN JOSE CALIF ARPT REV 5%

1.54 15M
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.34 13M
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 3.25%

1.33 13M
municipal

TOBACCO SECURITIZATION AUTH SOUTHN CALIF TOB SETTLEMENT REV 5%

1.18 11M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

1.15 11M
municipal

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