Back to top

Quick Guide to Invesco High Yield Municipal A Fund (ACTHX)

Read MoreHide Full Article

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.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Invesco High Yield Municipals A (ACTHX) - free report >>

More from Zacks Best of Funds

You May Like