Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Invesco AMT-Free Municipal A OPTAX
- NAV / 1-Day Return 6.86 / +0.01 %
- Total Assets 2.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.880%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.74%
- Effective Duration 7.89 years
USD | NAV as of Jul 02, 2024 | 1-Day Return as of Jul 02, 2024, 10:13 PM GMT+0
Morningstar’s Analysis OPTAX
Will OPTAX 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
|
---|---|---|---|
VALDEZ ALASKA MARINE TERM REV 3.65% | 1.24 | 30.0 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.02 | 24.8 Mil | municipal |
WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 4% | 1.01 | 24.6 Mil | municipal |
CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% | 0.96 | 23.3 Mil | municipal |
ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5% | 0.92 | 22.3 Mil | municipal |
INLAND EMPIRE TOBACCO SECURIZATION AUTH CALIF TOB 0% | 0.88 | 21.3 Mil | municipal |
TEXAS WTR DEV BRD REV 5% | 0.72 | 17.5 Mil | municipal |
BIRMINGHAM ALA WTRWKS BRD WTR REV 5% | 0.70 | 16.9 Mil | municipal |
MIAMI-DADE CNTY FLA WTR & SWR REV 4% | 0.69 | 16.7 Mil | municipal |
SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5.25% | 0.68 | 16.6 Mil | municipal |