Invesco PA Tax Free Income B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
5.1%
3 Yr Avg Return
3.0%
5 Yr Avg Return
2.8%
Net Assets
$129 M
Holdings in Top 10
13.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.19%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VKPAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return 2.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.50%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameInvesco Pennsylvania Tax Free Income Fund
-
Fund Family NameInvesco
-
Inception DateMay 03, 1993
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert J. Stryker
Fund Description
VKPAX - Performance
Return Ranking - Trailing
Period | VKPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -2.8% | 8.1% | N/A |
1 Yr | 5.1% | -4.5% | 7.5% | N/A |
3 Yr | 3.0%* | -2.2% | 2.6% | N/A |
5 Yr | 2.8%* | -1.1% | 2.3% | N/A |
10 Yr | 4.0%* | -1.1% | 3.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | VKPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -7.2% | 11.0% | N/A |
2022 | N/A | -10.1% | 6.8% | N/A |
2021 | N/A | -4.9% | 0.0% | N/A |
2020 | N/A | -5.6% | 1.8% | N/A |
2019 | N/A | -34.8% | 15.6% | N/A |
Total Return Ranking - Trailing
Period | VKPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -2.8% | 8.1% | N/A |
1 Yr | 0.1% | -4.5% | 7.5% | N/A |
3 Yr | 2.0%* | -2.2% | 2.6% | N/A |
5 Yr | 2.4%* | -1.1% | 4.3% | N/A |
10 Yr | 4.0%* | -1.1% | 5.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | VKPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -7.2% | 11.0% | N/A |
2022 | N/A | -10.1% | 6.9% | N/A |
2021 | N/A | -4.9% | 1.0% | N/A |
2020 | N/A | -5.6% | 4.0% | N/A |
2019 | N/A | -34.8% | 16.3% | N/A |
VKPAX - Holdings
Concentration Analysis
VKPAX | Category Low | Category High | VKPAX % Rank | |
---|---|---|---|---|
Net Assets | 129 M | 6.42 M | 20.6 B | N/A |
Number of Holdings | 151 | 31 | 4231 | N/A |
Net Assets in Top 10 | 17.4 M | 261 K | 2.92 B | N/A |
Weighting of Top 10 | 13.82% | 2.5% | 57.1% | N/A |
Top 10 Holdings
- Pennsylvania St Tpk Commn Tpk Sub 6.25% 2.02%
- Dauphin Cnty Pa Gen Auth 6% 1.58%
- Pennsylvania St Tpk Commn Tpk Rev 6.375% 1.45%
- Montgomery Cnty Pa Indl Dev Au Re 6.625% 1.40%
- Philadelphia Pa Hosps & Higher Rev Bd 5% 1.28%
- Montgomery Cnty Pa Higher Ed & Hosp 5% 1.25%
- Fulton Cnty Pa Indl Dev Auth 5% 1.25%
- Philadelphia Pa Auth 5.25% 1.22%
- Pennsylvania Econ Dev Fing Solid Wa 1.5% 1.19%
- Allegheny Cnty Pa Higher Ed Bl Ref 5.5% 1.17%
Asset Allocation
Weighting | Return Low | Return High | VKPAX % Rank | |
---|---|---|---|---|
Bonds | 98.69% | -0.60% | 102.82% | N/A |
Cash | 1.31% | -2.82% | 92.17% | N/A |
Stocks | 0.00% | 0.00% | 0.24% | N/A |
Preferred Stocks | 0.00% | 0.00% | 0.00% | N/A |
Other | 0.00% | -2.39% | 8.43% | N/A |
Convertible Bonds | 0.00% | 0.00% | 0.00% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | VKPAX % Rank | |
---|---|---|---|---|
Municipal | 98.69% | 0.00% | 103.29% | N/A |
Cash & Equivalents | 1.31% | -2.82% | 92.17% | N/A |
Derivative | 0.00% | -0.20% | 0.00% | N/A |
Securitized | 0.00% | 0.00% | 0.00% | N/A |
Corporate | 0.00% | 0.00% | 4.72% | N/A |
Government | 0.00% | -12.23% | 5.93% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VKPAX % Rank | |
---|---|---|---|---|
US | 94.60% | -0.60% | 102.38% | N/A |
Non US | 4.09% | 0.00% | 22.38% | N/A |
VKPAX - Expenses
Operational Fees
VKPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.19% | 0.09% | 2.11% | N/A |
Management Fee | 0.50% | 0.08% | 1.30% | N/A |
12b-1 Fee | 0.25% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.33% | N/A |
Sales Fees
VKPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | 5.00% | 0.50% | 5.00% | N/A |
Trading Fees
VKPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
VKPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 22.00% | 3.00% | 293.00% | N/A |
VKPAX - Distributions
Dividend Yield Analysis
VKPAX | Category Low | Category High | VKPAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.02% | N/A |
Dividend Distribution Analysis
VKPAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
VKPAX | Category Low | Category High | VKPAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.50% | -0.21% | 4.62% | N/A |
Capital Gain Distribution Analysis
VKPAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2017 | $0.048 | |
Oct 31, 2017 | $0.048 | |
Sep 29, 2017 | $0.044 | |
Jul 31, 2017 | $0.044 | |
May 31, 2017 | $0.044 | |
Apr 28, 2017 | $0.044 | |
Jan 31, 2017 | $0.044 | |
Dec 30, 2016 | $0.046 | |
Aug 31, 2016 | $0.046 | |
Jul 29, 2016 | $0.051 | |
Feb 29, 2016 | $0.052 | |
Nov 30, 2015 | $0.051 | |
Sep 30, 2014 | $0.047 | |
May 30, 2014 | $0.050 | |
Aug 30, 2013 | $0.050 | |
Jul 31, 2013 | $0.050 | |
Jun 28, 2013 | $0.050 | |
Apr 30, 2013 | $0.050 | |
Mar 28, 2013 | $0.050 | |
Jan 31, 2013 | $0.056 | |
Dec 31, 2012 | $0.056 | |
Nov 30, 2012 | $0.056 | |
Oct 31, 2012 | $0.056 | |
Sep 28, 2012 | $0.056 | |
Aug 31, 2012 | $0.056 | |
Jul 31, 2012 | $0.056 | |
Jun 29, 2012 | $0.056 | |
May 31, 2012 | $0.056 | |
Apr 30, 2012 | $0.056 | |
Mar 30, 2012 | $0.056 | |
Feb 29, 2012 | $0.056 | |
Jan 31, 2012 | $0.056 | |
Dec 30, 2011 | $0.056 | |
Nov 30, 2011 | $0.056 | |
Oct 31, 2011 | $0.056 | |
Sep 30, 2011 | $0.056 | |
Aug 31, 2011 | $0.056 | |
Jul 29, 2011 | $0.056 | |
Jun 30, 2011 | $0.056 | |
May 31, 2011 | $0.056 | |
Apr 29, 2011 | $0.056 | |
Mar 31, 2011 | $0.049 | |
Feb 28, 2011 | $0.049 | |
Jan 31, 2011 | $0.049 | |
Dec 31, 2010 | $0.048 | |
Aug 31, 2010 | $0.054 | |
Jul 30, 2010 | $0.059 | |
Jun 30, 2010 | $0.061 |
VKPAX - Fund Manager Analysis
Managers
Robert J. Stryker
Start Date
Tenure
Tenure Rank
Jun 28, 2011
6.6
6.6%
Robert Stryker is a Senior Portfolio Manager for Invesco municipal strategies. Previously, Mr. Stryker was with Van Kampen, serving as a portfolio manager on the Municipal Fixed Income team, a fixed income trader, a portfolio analyst and a fixed income credit analyst. He entered the industry when he joined Van Kampen in 1994, and joined Invesco in 2010 when the firm combined with Van Kampen. Mr. Stryker earned a BS degree in finance from the University of Illinois, Chicago. He is a CFA charterholder.
Mark Paris
Start Date
Tenure
Tenure Rank
Mar 06, 2015
2.91
2.9%
Mark Paris serves as Senior Portfolio Manager and Head of Portfolio Management and Trading for Invesco Municipal Bond Team. Mr. Paris entered the industry in 1990 and joined Invesco in 2010. Prior to joining the firm, Mr. Paris was a trader and then a portfolio manager on the Municipal Fixed Income team at Morgan Stanley, which he joined in 2002. He also was previously a trader/portfolio manager at Oppenheimer Funds, head underwriter at Chase Manhattan Bank and a trader/underwriter at NatWest Bank. Mr. Paris earned a BBA degree in finance from Baruch College – The City University of New York (CUNY). He holds the Series 7, 24, 79, 53 and 63 registrations.
Julius Williams
Start Date
Tenure
Tenure Rank
Dec 07, 2009
8.16
8.2%
Julius Williams is a Senior Portfolio Manager for Invesco municipal strategies. Mr. Williams entered the industry in 2000. Prior to joining Invesco, he was a portfolio manager and trader for municipal funds at Van Kampen. He joined Invesco in 2010 when the firm combined with Van Kampen. Mr. Williams earned a BA degree in economics and sociology, and a Master of Education degree in educational psychology from the University of Virginia.
John Connelly
Start Date
Tenure
Tenure Rank
Apr 01, 2016
1.84
1.8%
John Connelly, has been associated with Invesco and/or its affiliates since 2016. From 1994 to 2015, he was employed by Raymond James & Associates, where he served as Senior Vice President of Municipal High Yield Trading from 2012 to 2015. Prior to 2012, he served as Director of the Municipal High Yield Trading Group.
Tim O’Reilly
Start Date
Tenure
Tenure Rank
Apr 01, 2016
1.84
1.8%
Tim O'Reilly is a Portfolio Manager for Invesco Municipal Strategies. Mr. O'Reilly joined Invesco in 2010 when the firm combined with Van Kampen, where he served as a senior unit trust fixed income portfolio manager, with responsibilities that included fixed income trading, risk management and credit analysis. He has a diverse knowledge base, with trading experience in municipals, corporates and equities. He joined Van Kampen in 2001. Mr. O'Reilly earned a BS degree in finance from Eastern Illinois University and an MBA in finance from the University of Illinois at Chicago. He holds the Series 7, 63 and 79 registrations.
James D. Phillips
Start Date
Tenure
Tenure Rank
Mar 06, 2015
2.91
2.9%
James Phillips is a Senior Portfolio Manager for Invesco municipal strategies. Mr. Phillips joined Invesco in 2010, when the firm combined with Van Kampen. At Van Kampen, which he joined in 1991, he was a portfolio manager for municipal strategies. He also served as a credit analyst and has specialized in researching nonrated municipal bonds across all sectors. Previously, he was at the Federal Deposit Insurance Corporation, where he managed a portfolio of distressed bank assets. He started in the municipal bond market at Underwood, Neuhaus & Co. in Houston, structuring municipal bond issues in the health care, senior living and special tax sectors. He entered the industry in 1985. Mr. Phillips earned a BA degree in American literature from Empire State College, the independent study division of the State University of New York, and an MBA in finance from the State University of New York at Albany.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 39.77 | 9.01 | 1.5 |