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Morningstar

Invesco AMT-Free Municipal C OMFCX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 6.79  /  +0.01 %
  • Total Assets 2.4 Bil
  • Adj. Expense Ratio
    1.510%
  • Expense Ratio 1.640%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.93%
  • Effective Duration 7.38 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis OMFCX

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

  • People Pillar

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

Invesco AMT-Free Municipal C's Average Process and People 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 highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OMFCX

More OMFCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

VALDEZ ALASKA MARINE TERM REV 3.45%

1.64 40.0 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.07 26.1 Mil
municipal

WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 4%

1.04 25.4 Mil
municipal

CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%

0.94 23.0 Mil
municipal

ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5%

0.93 22.8 Mil
municipal

INLAND EMPIRE TOBACCO SECURIZATION AUTH CALIF TOB 0%

0.92 22.5 Mil
municipal

TEXAS WTR DEV BRD REV 5%

0.73 18.0 Mil
municipal

MIAMI-DADE CNTY FLA WTR & SWR REV 4%

0.71 17.4 Mil
municipal

BIRMINGHAM ALA WTRWKS BRD WTR REV 5%

0.70 17.1 Mil
municipal

SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5.25%

0.70 17.0 Mil
municipal