Invesco Oppenheimer Rochester High Yield Municipal Fund Class A (ORNAX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield muni
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks tax-free income. Under normal market conditions, and as a fundamental policy, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the fund's state income tax. It invests in municipal securities issued by the governments of states, their political subdivisions and the District of Columbia, U.S. territories, commonwealths and possessions or by their agencies, instrumentalities and authorities.


1 month-13.76% 3 years+4.02%
3 months-9.99% 5 years+5.40%
1 year-1.92% Since inception+4.76%
Data through --

Peer Comparisonvs. High yield muni

Performance 5-yr return+5.40%+3.16%
Expense ratio1.19%0.97%
Risk 5 year sharpe ratio0.760.38
Net assets$6.3B$2.1B
Average market cap$40.3B$8.1B
Average P/E7.75.0
Portfolio turnover34%34%

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Fund Management and Purchase Info

Fund familyInvesco
Fund manager & tenureScott Cottier / 17 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00


Fixed income104.50%
U.S. stock0.01%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service 100.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- 1.29%
-- 1.27%
-- 1.12%
-- 1.06%
-- 1.02%
-- 0.99%
-- 0.90%
-- 0.90%
-- 0.83%
-- 0.80%