Morningstar

Invesco SMA Municipal Bond Fund SMBMX

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Strategy

The investment seeks to provide high current income exempt from regular federal income taxes; taxable capital appreciation as a secondary objective. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities at the time of investment. In complying with this 80% investment requirement, the fund may invest in derivatives and other instruments that have economic characteristics similar to the fund’s direct investments that are counted toward the 80% investment requirement. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SMBMX	Invesco SMA Municipal Bond Fund	No Load	Open	—	—	Feb 21, 2023	$65.00M	0.000%	Low	$1,000	−$42.04M

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