Invesco AMT-Free Municipal Income Fund Class R6 is an open-end mutual fund specializing in municipal bonds. Its primary purpose is to provide investors with income exempt from federal income tax and the federal alternative minimum tax (AMT), making it particularly relevant to those seeking tax-advantaged income. The fund predominantly invests in a diversified portfolio of investment-grade municipal securities issued by U.S. state and local governments, typically focusing on sectors such as general obligation, hospitals, utilities, education, and infrastructure. With a multi-billion dollar asset base, the fund follows an actively managed strategy, employing rigorous credit analysis and risk management to select its holdings, which typically number in the hundreds. The Class R6 shares are designed for institutional investors, offering a lower expense ratio and no sales charge. Regular monthly dividends enhance its appeal to income-focused investors, while its risk-aware approach aims to maintain stability across varying market environments. As part of Invesco’s broader suite of municipal fixed-income products, this fund plays a significant role in providing access to the tax-exempt bond market for large-scale investors.
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