The Invesco Rochester Municipal Opportunities Fund Class Y is a high-yield municipal bond mutual fund designed to deliver a competitive level of federally tax-exempt income for investors. By focusing on municipal securities, particularly those that are below investment grade or unrated, the fund seeks to maximize income potential while leveraging in-depth credit research and a value-driven selection process. It employs forward-looking internal ratings for every holding, including rigorous analysis and site visits, especially for high-yield and non-rated bonds. This fund serves individuals and institutions seeking attractive tax-exempt monthly distributions, predominantly investing in a diversified portfolio of municipal bonds with a flexible approach that can adapt to market conditions. Its investment strategy typically allocates a significant portion of assets—between 50% and 70%—to high-yield or non-investment grade securities. The fund is recognized for consistent performance within the high-yield municipal category, achieving strong risk-adjusted returns over extended periods and earning high ratings from industry benchmarks. Its notable scale and experienced management provide access to unique opportunities across the extensive municipal market, making it a significant presence in the tax-exempt income space.
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