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Invesco Intermediate Term Muni Inc A VKLMX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Invesco Investment Hub

Morningstar’s Analysis VKLMX

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

  • People Pillar

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

Invesco Muni Veteran to Retire; No Changes to the Morningstar Medalist Ratings.

null Thomas Murphy

Thomas Murphy

Analyst Note

Longtime Invesco portfolio manager Jim Phillips will retire at the end of June 2023. Phillips joined the firm 32 years ago and has managed Invesco Intermediate Term Municipal Income since March 2015. The strategy currently receives People and Process Pillar ratings of Average and a Morningstar Medalist Rating of Neutral across all but the most expensive share class, which is rated Negative.

by Thomas Murphy
Published on

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