Invesco High Yield Muni A (ACTHX - Free Report) a Zacks Ranked #1 (Strong Buy) seek investors with as high a level of interest income exempt from federal income tax as is consistent with the investment policies of the fund. ACTHX invests primarily in medium and lower-grade municipal securities. ACTHX generally invests at least 75% of its net assets in higher yielding municipal securities, specifically medium- and lower-grade municipal securities. Invesco High Yield Muni A offers dividends monthly and capital gains annually.
The Invesco High Yield Muni A fund, managed by Invesco , carries an expense ratio of 0.86. Moreover, ACTHX requires a minimal initial investment of $1,000.
ACTHX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 9.85%, 3 year 6.22%, and 5 year 7.16%. To see how this fund performed compared in its category, please click here.
ACTHX’s performance, as of the last filing, when compared to funds in its category was in the top 1% in 1 year, top 1% over the past 3 years, and in the 3% over the past 5 years.
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