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Morningstar

Invesco Municipal Income C VMICX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 12.00  /  +0.11 %
  • Total Assets 3.4 Bil
  • Adj. Expense Ratio
    1.570%
  • Expense Ratio 1.790%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.10%
  • Effective Duration 8.38 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis VMICX

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

  • People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Invesco Municipal Income C to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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
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Portfolio Holdings VMICX

More VMICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOWER ALA GAS DIST GAS PROJ REV 5%

0.83 27.7 Mil
municipal

MIAMI-DADE CNTY FLA SEAPORT REV 4%

0.77 25.8 Mil
municipal

METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 4%

0.71 23.8 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 6%

0.65 21.9 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.61 20.5 Mil
municipal

WASHINGTON ST CONVENTION CTR PUB FACS DIST 5%

0.60 20.3 Mil
municipal

BROWARD CNTY FLA ARPT SYS REV 5%

0.57 19.1 Mil
municipal

WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5.25%

0.57 19.1 Mil
municipal

TEXAS WTR DEV BRD REV 5%

0.52 17.4 Mil
municipal

UNIVERSITY TEX UNIV REVS 5%

0.50 16.8 Mil
municipal