OPNYX

About OPNYX

Invesco Rochester AMT-Free New York Municipal Fund Class A is a tax-exempt municipal bond mutual fund focused on generating income free from federal, New York State, and New York City personal income taxes. The fund seeks to provide consistent, tax-advantaged monthly income primarily to residents of New York. It does this by investing at least 80% of its net assets in securities issued by the state and municipalities of New York, emphasizing investment-grade bonds with credit analysis aimed at uncovering relative value opportunities. The portfolio consists largely of revenue bonds—such as those tied to transportation, utilities, healthcare, and education sectors—with a weighted average maturity of over 22 years and a notable share in long-term debt instruments. Rigorous credit research and a collaborative management approach characterize the fund’s investment process, seeking to manage risk while maximizing income potential. Ongoing portfolio surveillance, diverse sector exposure, and a strong emphasis on credit quality support its long-term objective of delivering tax-free income to New York investors. The fund’s role in the broader market rests on its appeal to individuals seeking federally and locally tax-exempt income, especially those in higher tax brackets or with specific ties to New York state finances.