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 Rochester® New York Municipals A RMUNX
- NAV / 1-Day Return 15.06 / −0.05 %
- Total Assets 4.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.140%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Muni New York Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.88%
- Effective Duration 9.48 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0
Morningstar’s Analysis RMUNX
Will RMUNX 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 12.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Usd Currency Cash | 1.98 | 90.7 Mil | Cash and Equivalents |
LIBERTY N Y DEV CORP REV 5.25% | 1.98 | 90.5 Mil | municipal |
MTA HUDSON RAIL YARDS TR OBLIGS REV 5% | 1.71 | 78.0 Mil | municipal |
UNIVERSITY P R UNIV REVS 5% | 1.41 | 64.3 Mil | municipal |
CHILDRENS TR FD P R TOB SETTLEMENT REV 0% | 1.14 | 52.3 Mil | municipal |
NEW YORK N Y 5.25% | 1.09 | 49.7 Mil | municipal |
NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4% | 0.99 | 45.2 Mil | municipal |
NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% | 0.97 | 44.4 Mil | municipal |
NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | 0.96 | 43.9 Mil | municipal |
NASSAU CNTY N Y TOBACCO SETTLEMENT CORP 0% | 0.89 | 40.5 Mil | municipal |