Invesco Limited Term Municipal Income R6

Frequently Asked Questions About ATFSX

What does ATFSX invest in?

The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in municipal debt securities that (1) pay interest that is excluded from gross income for federal income tax purposes, and (2) do not produce income that will be considered to be an item of preference for purposes of the alternative minimum tax. At least 80% of its net assets will normally be invested in investment grade municipal debt securities. The advisor will attempt to maintain a dollar-weighted average effective portfolio maturity of five years or less.

What is the expense ratio of ATFSX?

Invesco Limited Term Municipal Income R6 (ATFSX) charges an expense ratio of 0.28%. This is the annual fee deducted from fund assets to cover management and operations.

What is ATFSX's dividend yield?

ATFSX's trailing-twelve-month yield is 3.77%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ATFSX?

Effective duration measures ATFSX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ATFSX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of ATFSX?

ATFSX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of ATFSX?

Yield to maturity (YTM) is the total return you'd earn from ATFSX if every bond in the portfolio is held to maturity at the current price. ATFSX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.