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Morningstar

Invesco Rochester® AMT-Free NY Mncpl C ONYCX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 10.51  /  0.01 %
  • Total Assets 682.8 Mil
  • Adj. Expense Ratio
    1.600%
  • Expense Ratio 1.640%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.85%
  • Effective Duration 11.29 years

USD | NAV as of Jun 05, 2023 | 1-Day Return as of Jun 05, 2023, 10:17 PM GMT+0

Morningstar’s Analysis ONYCX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

Invesco Rochester® AMT-Free NY Mncpl C's Average People Pillar and Process Pillar ratings aren't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist 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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ONYCX

More ONYCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 332
  • Other Holdings 6
  • % Assets in Top 10 Holdings 19.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LIBERTY N Y DEV CORP REV 5.25%

2.65
17,900,484
municipal

MTA HUDSON RAIL YARDS TR OBLIGS REV 5%

2.51
16,943,586
municipal

UTILITY DEBT SECURITIZATION AUTH N Y 5%

2.40
16,250,973
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 4%

1.88
12,691,487
municipal

METROPOLITAN TRANSN AUTH N Y REV 5.25%

1.76
11,880,706
municipal

DUTCHESS CNTY N Y LOC DEV CORP REV 5%

1.76
11,877,658
municipal

NEW YORK CNTYS TOB TR VI 5.625%

1.61
10,901,128
municipal

TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5.25%

1.61
10,852,298
municipal

METROPOLITAN TRANSN AUTH N Y DEDICATED TAX FD 5.25%

1.56
10,549,020
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4%

1.46
9,877,624
municipal