Invesco Rochester Limited Term New York Municipal Fund (LTNYX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LTNYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LTNYX
LTNYX charges 0.75% annually. There are 337 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | LTNYX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | LTNYX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | LTNYX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | LTNYX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | LTNYX vs FSMUX |
Best Risk-Adjusted Alternatives to LTNYX
LTNYX has a PortfoliosLab risk / return rank of 73. There are 318 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | LTNYX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | LTNYX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | LTNYX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | LTNYX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | LTNYX vs TFCYX |
Top Performing LTNYX Alternatives (YTD)
LTNYX is at 1.24% YTD. There are 358 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.37% | — | Apr 1998 | LTNYX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.00% | — | Nov 2002 | LTNYX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 7.79% | — | Oct 1992 | LTNYX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 6.86% | — | Nov 2001 | LTNYX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 6.82% | — | Feb 1998 | LTNYX vs MUC |
Lowest Volatility Alternatives to LTNYX
LTNYX has 2.82% 1-year volatility. There are 282 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.55% | — | Aug 2002 | LTNYX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | LTNYX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | LTNYX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | LTNYX vs USMTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | LTNYX vs USMSX |
Lowest Drawdown Alternatives to LTNYX
LTNYX has a 1-year max drawdown of -1.77%. There are 62 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | LTNYX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | LTNYX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | LTNYX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | LTNYX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | LTNYX vs DFSMX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, VAFAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 57 | 17.94% | — | Oct 2020 | LTNYX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 46 | 12.21% | — | — | LTNYX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 12 | 8.06% | — | Jun 2005 | LTNYX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 25 | -10.19% | — | Jul 1983 | LTNYX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 81 | 20.08% | — | Jun 2001 | LTNYX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 68 | 11.85% | — | Oct 1968 | LTNYX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 34 | 7.24% | — | Feb 1988 | LTNYX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 82 | 27.97% | — | Jun 1999 | LTNYX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 66 | 7.21% | — | Aug 1960 | LTNYX vs ACEIX | |
| Invesco Global Fund | Global Equities | 18 | 7.93% | — | Dec 1969 | LTNYX vs OPPAX |
Often Compared With LTNYX
Investors most often compare LTNYX with DNYMX, MUJ, APUSX. These 7 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.29% | — | Jun 2015 | LTNYX vs DNYMX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 71 | 6.74% | — | Mar 1998 | LTNYX vs MUJ | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 19 | 1.00% | — | Dec 2017 | LTNYX vs APUSX | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 29 | 6.52% | — | Mar 1993 | LTNYX vs NPV | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 87 | 2.22% | — | Jun 2012 | LTNYX vs FXIEX | |
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 45 | 4.77% | — | Nov 1992 | LTNYX vs MPA | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 47 | 12.35% | — | Jul 1997 | LTNYX vs VADDX |
Compare LTNYX with Any Fund or Stock
Compare LTNYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LTNYX with funds that move differently
Invesco Rochester Limited Term New York Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LTNYX.
Explore LTNYX Diversifiers