- What does ORSTX invest in?
- The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the fund's state income tax. It invests in municipal securities issued by the governments of states, their political subdivisions and the District of Columbia, U.S. territories, commonwealths and possessions or by their agencies, instrumentalities and authorities.
- What is the expense ratio of ORSTX?
- An expense ratio for Invesco Short Term Municipal A (ORSTX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is ORSTX's dividend yield?
- ORSTX's trailing-twelve-month yield is 2.85%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of ORSTX?
- Effective duration measures ORSTX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ORSTX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of ORSTX?
- ORSTX'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 ORSTX?
- Yield to maturity (YTM) is the total return you'd earn from ORSTX if every bond in the portfolio is held to maturity at the current price. ORSTX'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.
