ACTSX

About ACTSX

The Invesco High Yield Municipal Fund Class R6 is a mutual fund focused on delivering **federal tax-exempt income** and the potential for **taxable capital appreciation** by investing predominantly in **medium- and lower-grade municipal securities**. The fund typically allocates at least 80% of its net assets to a broad portfolio of municipal bonds, with a significant emphasis—at least 75%—on higher-yielding, lower-rated issues. This approach aims to enhance the yield compared to traditional investment-grade municipal bond funds, compensating investors for increased credit risk. The fund holds a highly diversified portfolio, comprising over 1,300 securities with substantial exposure across several states, including New York, Colorado, Florida, California, and Texas. It employs a rigorous, research-driven investment process, assigning forward-looking ratings to each holding and conducting direct evaluations, especially for non-rated and high-yield issuances. In the broader financial market, the Invesco High Yield Municipal Fund Class R6 plays a critical role for investors seeking tax-efficient income, portfolio diversification, and access to the high-yield municipal bond segment. Its active management and focus on relative value opportunities highlight its importance within the fixed-income asset class, especially for those managing tax liabilities or seeking incremental yield from municipal investments.