IORPX

About IORPX

The Invesco Pennsylvania Municipal Fund Class R6 is a mutual fund designed to provide investors with a high level of current income that is exempt from both federal and Pennsylvania personal income taxes. The fund primarily invests in a diversified portfolio of municipal securities issued by the state of Pennsylvania and its local governments, typically targeting investment-grade bonds. Its objective is to help institutional investors manage tax liabilities while earning consistent, tax-advantaged income through monthly distributions. Managed by Invesco’s experienced municipal bond team, the fund emphasizes rigorous credit research and a disciplined, risk-aware investment process to maximize yield while maintaining stability. The portfolio is composed of numerous holdings spanning sectors such as infrastructure, healthcare, industrial development, and education within Pennsylvania. With a relatively low expense ratio and a high minimum investment requirement, this share class is tailored to institutional clients and large-scale investors. The fund plays a critical role for those seeking state-specific, tax-exempt fixed income exposure and is considered a valuable component in diversified portfolios focused on preserving capital and generating reliable income in the municipal bond market.