Invesco Pennsylvania Municipal Fund Class A is a mutual fund designed to provide tax-free income primarily to residents of Pennsylvania. Its primary function is to invest in a diversified portfolio of investment-grade municipal bonds, the income from which is exempt from federal, Pennsylvania state, and, where applicable, local personal income taxes. The fund allocates at least 80% of its assets to municipal securities issued by Pennsylvania state and municipal entities, focusing substantially on revenue bonds but also including general obligation bonds and other municipal debt instruments. Managed by a team of experienced portfolio managers, it leverages Invesco’s scale as one of the largest municipal bond managers to access a broad array of bond issues and aims to provide consistent monthly income distributions. With a blend of long-term holdings across sectors like infrastructure, healthcare, transportation, and education, the fund plays a significant role as a tool for investors seeking tax-efficient income while supporting public projects vital to Pennsylvania’s economic development.
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