Morningstar

Invesco Limited Term CA Municipal R6 IORLX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 3.15  /  +0.01 %
  • Total Assets 694.9 Mil
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.620%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Muni Single State Short
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 3.21%
  • Effective Duration 3.24 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:20 PM GMT+0

Morningstar’s Analysis IORLX

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

  • People Pillar

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

Invesco Limited Term CA Municipal R6's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings IORLX

More IORLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd Currency Cash

3.58 24.5 Mil
Cash and Equivalents

LOS ANGELES CALIF DEPT ARPTS REV 5%

2.46 16.8 Mil
municipal

CALIFORNIA PUB FIN AUTH REV 6.25%

1.98 13.6 Mil
municipal

TOBACCO SECURITIZATION AUTH SOUTHN CALIF TOB SETTLEMENT REV 5%

1.81 12.4 Mil
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.79 12.3 Mil
municipal

SOUTHERN CALIF PUB PWR AUTH REV 5%

1.57 10.8 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

1.48 10.1 Mil
municipal

CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5%

1.46 10.0 Mil
municipal

ROSEVILLE CALIF JT UN HIGH SCH DIST 4%

1.46 10.0 Mil
municipal

LOS ANGELES CALIF DEPT ARPTS REV 5%

1.41 9.7 Mil
municipal

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