Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Invesco New Jersey Municipal A ONJAX
- NAV / 1-Day Return 8.91 / +0.01 %
- Total Assets 285.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.040%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Muni New Jersey
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.41%
- Effective Duration 6.82 years
USD | NAV as of Jul 02, 2024 | 1-Day Return as of Jul 02, 2024, 10:13 PM GMT+0
Morningstar’s Analysis ONJAX
Will ONJAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings —
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CHILDRENS TR FD P R TOB SETTLEMENT REV 5.625% | 5.37 | 15.2 Mil | municipal |
NEW JERSEY ECONOMIC DEV AUTH REV 5.375% | 3.06 | 8.7 Mil | municipal |
MIDDLESEX CNTY N J IMPT AUTH LEASE REV 5% | 3.01 | 8.5 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 4.25% | 2.77 | 7.8 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 0% | 2.44 | 6.9 Mil | municipal |
NEW JERSEY ST TPK AUTH TPK REV 4% | 2.13 | 6.0 Mil | municipal |
NEW JERSEY ST TRANSN TR FD AUTH 4% | 1.95 | 5.5 Mil | municipal |
NEW JERSEY ST HSG & MTG FIN AGY REV 6% | 1.91 | 5.4 Mil | municipal |
NEW JERSEY HEALTH CARE FACS FING AUTH REV 5.25% | 1.90 | 5.4 Mil | municipal |
TOBACCO SETTLEMENT FING CORP N J 5% | 1.85 | 5.2 Mil | municipal |