3 / 5 Stars
3 4 2 3 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 38 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 9.40 percent over the past year, 8.32 percent over the past three years, 5.57 percent over the past five years, and 4.99 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.2%|
|3 Years (Annualized)||8.3%|
|5 Years (Annualized)||5.6%|
|10 Years (Annualized)||5.0%|
The investment seeks federal tax-exempt current income and taxable capital appreciation. The fund normally invests at least 80% of its assets (plus any borrowings for investment purposes) in municipal securities. It invests at least 75% of its net assets in high yield securities, specifically medium- and lower-grade municipal securities. The fund may invest all or a substantial portion of its assets in municipal securities that are subject to the federal alternative minimum tax.
Fees are High compared to funds in the same category.
Invesco High Yield Municipal has an expense ratio of 1.60 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.