Invesco Rochester New York Municipals Fund is a municipal bond mutual fund focused on delivering tax-free income by investing primarily in investment-grade municipal securities issued in New York State. The fund is designed to seek income that is generally exempt from federal, New York State, and New York City personal income taxes, appealing to investors residing in New York or subject to its tax regime. Its portfolio consists predominantly of municipal bonds, with the flexibility to allocate up to 25% of assets to below-investment-grade securities, allowing for diversification and the potential for higher yields within a risk-aware framework. The fund employs rigorous credit research and leverages regional market expertise to uncover relative value opportunities across a broad array of New York issuers, targeting sectors such as transportation, education, and public infrastructure. The Invesco Rochester New York Municipals Fund holds significance in the municipal bond market as a key vehicle for tax-sensitive investors seeking consistent, competitive monthly income distributions while contributing capital to New York’s public sector financing needs.
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