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Morningstar

Invesco Municipal Income Y VMIIX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 11.22  /  0.87 %
  • Total Assets 3.1 Bil
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.780%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.97%
  • Effective Duration 8.64 years

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:24 PM GMT+0

Morningstar’s Analysis VMIIX

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

People Pillar

The People Pillar is our evaluation of the VMIIX 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 VMIIX’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 Y to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VMIIX

More VMIIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 678
  • Other Holdings 3
  • % Assets in Top 10 Holdings 6.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOWER ALA GAS DIST GAS PROJ REV 5%

0.86
27,940,812
municipal

MIAMI-DADE CNTY FLA SEAPORT REV 4%

0.81
26,284,773
municipal

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

0.76
24,639,997
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.66
21,376,803
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

0.63
20,306,566
municipal

WASHINGTON ST CONVENTION CTR PUB FACS DIST 5%

0.63
20,288,008
municipal

TEXAS WTR DEV BRD REV 5%

0.55
17,887,437
municipal

HAMILTON CNTY OHIO HOSP FACS REV 5%

0.52
16,782,479
municipal

DENVER COLO CITY & CNTY ARPT REV 5%

0.50
16,156,439
municipal

SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5%

0.48
15,677,470
municipal