IORHX

About IORHX

The Invesco Rochester Municipal Opportunities Fund R5 is a mutual fund specializing in the municipal bond market, with a primary aim to generate **tax-free income** for investors. The fund invests across a wide spectrum of **municipal securities**, including both high-yield (below-investment-grade) and investment-grade bonds. Notably, the fund often allocates a significant portion—typically between 50% and 70%—to below-investment-grade or non-rated municipal bonds at the time of purchase, seeking to enhance yield through this exposure to higher-risk sectors. Managed by an experienced credit research team, the fund employs a diversified portfolio encompassing more than 1,500 holdings from approximately 800 issuers. This diversity is intended to mitigate the risks associated with high-yield investments, while extensive in-house analysis helps capture opportunities and inefficiencies in the municipal bond market. The income produced by the fund’s holdings is generally **exempt from federal personal income taxes**. With a long track record dating back to the early 1990s and consistent monthly distributions, the fund is positioned for long-term investors seeking competitive, tax-advantaged yield from the municipal sector. Its role in the financial market centers on providing access to a segment of the municipal bond market that many individual investors may find difficult to reach independently, especially non-rated and high-yield opportunities.