Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Invesco AMT-Free Municipal A OPTAX
- NAV / 1-Day Return 6.85 / +0.16 %
- Total Assets 2.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.880%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.68%
- Effective Duration 7.38 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis OPTAX
Will OPTAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |