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Morningstar

Invesco Limited Term CA Municipal A OLCAX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 3.11  /  +0.01 %
  • Total Assets 665.7 Mil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.830%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.83%
  • Effective Duration 2.90 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:22 PM GMT+0

Morningstar’s Analysis OLCAX

Will OLCAX 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 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.

Invesco Limited Term CA Municipal A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 second-costliest quintile among peers.

by Morningstar Manager Research
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 17.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOS ANGELES CALIF DEPT ARPTS REV 5%

2.55 16.9 Mil
municipal

WHITTIER CALIF HEALTH FAC REV 5%

2.20 14.5 Mil
municipal

Usd Currency Cash

1.94 12.9 Mil
Cash and Equivalents

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.86 12.3 Mil
municipal

CALIFORNIA PUB FIN AUTH REV 6.25%

1.56 10.3 Mil
municipal

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

1.54 10.2 Mil
municipal

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

1.51 10.0 Mil
municipal

CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%

1.51 10.0 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5%

1.47 9.8 Mil
municipal

CALIFORNIA ST PUB WKS BRD LEASE REV 5%

1.39 9.2 Mil
municipal