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Invesco Rochester New York Municipals Fund (RMUNX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS00141W7864
CUSIP00141W786
IssuerInvesco
Inception DateMay 14, 1986
CategoryMunicipal Bonds
Min. Investment$1,000
Asset ClassBond

Expense Ratio

RMUNX features an expense ratio of 0.78%, falling within the medium range.


Expense ratio chart for RMUNX: current value at 0.78% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.78%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: RMUNX vs. FTFMX, RMUNX vs. VNYTX, RMUNX vs. SPY, RMUNX vs. FZROX, RMUNX vs. AGG, RMUNX vs. SMLF, RMUNX vs. TIP, RMUNX vs. BND, RMUNX vs. VTIP, RMUNX vs. BNDX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco Rochester New York Municipals Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
1.85%
14.38%
RMUNX (Invesco Rochester New York Municipals Fund)
Benchmark (^GSPC)

Returns By Period

Invesco Rochester New York Municipals Fund had a return of 2.09% year-to-date (YTD) and 11.26% in the last 12 months. Over the past 10 years, Invesco Rochester New York Municipals Fund had an annualized return of 4.31%, while the S&P 500 had an annualized return of 11.43%, indicating that Invesco Rochester New York Municipals Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date2.09%25.82%
1 month-0.44%3.20%
6 months1.98%14.94%
1 year11.26%35.92%
5 years (annualized)1.84%14.22%
10 years (annualized)4.31%11.43%

Monthly Returns

The table below presents the monthly returns of RMUNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.07%0.01%-0.06%-1.56%0.08%2.21%0.80%0.66%1.32%-1.79%2.09%
20234.83%-3.23%2.50%0.39%-0.47%1.60%0.19%-1.99%-4.54%-2.85%10.36%3.55%9.86%
2022-3.24%-0.80%-4.41%-4.32%2.16%-4.05%4.23%-3.55%-5.90%-2.38%8.29%-0.77%-14.60%
20211.65%-1.56%0.99%1.68%1.37%0.85%1.12%-0.40%-0.70%-0.14%1.63%0.20%6.84%
20202.60%2.48%-7.46%-2.98%4.06%2.13%2.09%-0.42%-0.48%-0.19%2.90%1.51%5.82%
20191.00%1.90%3.40%0.22%2.19%0.64%0.82%2.98%-0.55%-0.67%-0.08%0.51%12.99%
2018-0.16%0.66%2.56%0.96%2.96%1.06%0.21%1.89%-0.61%-1.77%0.02%0.87%8.89%
20171.07%1.18%0.77%2.17%0.95%0.13%0.04%0.77%-1.47%-1.47%-1.02%1.01%4.13%
20160.61%0.73%0.53%0.59%1.14%4.22%0.55%0.40%0.85%-0.83%-3.50%0.80%6.09%
20151.97%-0.06%-0.19%-0.65%1.13%-3.41%0.42%0.61%1.36%0.60%0.33%-0.07%1.97%
20143.76%3.07%0.67%1.42%3.63%-0.94%0.16%3.72%0.93%0.55%0.80%0.86%20.15%
20132.34%1.14%-0.55%2.20%0.08%-4.92%-3.05%-4.74%2.70%1.78%-0.48%-1.50%-5.28%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of RMUNX is 39, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of RMUNX is 3939
Combined Rank
The Sharpe Ratio Rank of RMUNX is 3838Sharpe Ratio Rank
The Sortino Ratio Rank of RMUNX is 4141Sortino Ratio Rank
The Omega Ratio Rank of RMUNX is 5454Omega Ratio Rank
The Calmar Ratio Rank of RMUNX is 2727Calmar Ratio Rank
The Martin Ratio Rank of RMUNX is 3434Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco Rochester New York Municipals Fund (RMUNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


RMUNX
Sharpe ratio
The chart of Sharpe ratio for RMUNX, currently valued at 2.03, compared to the broader market0.002.004.002.03
Sortino ratio
The chart of Sortino ratio for RMUNX, currently valued at 2.97, compared to the broader market0.005.0010.002.97
Omega ratio
The chart of Omega ratio for RMUNX, currently valued at 1.46, compared to the broader market1.002.003.004.001.46
Calmar ratio
The chart of Calmar ratio for RMUNX, currently valued at 0.81, compared to the broader market0.005.0010.0015.0020.0025.000.81
Martin ratio
The chart of Martin ratio for RMUNX, currently valued at 9.38, compared to the broader market0.0020.0040.0060.0080.00100.009.38
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 3.08, compared to the broader market0.002.004.003.08
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 4.10, compared to the broader market0.005.0010.004.10
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.58, compared to the broader market1.002.003.004.001.58
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.48, compared to the broader market0.005.0010.0015.0020.0025.004.48
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 20.05, compared to the broader market0.0020.0040.0060.0080.00100.0020.05

Sharpe Ratio

The current Invesco Rochester New York Municipals Fund Sharpe ratio is 2.03. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Invesco Rochester New York Municipals Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.03
3.08
RMUNX (Invesco Rochester New York Municipals Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco Rochester New York Municipals Fund provided a 4.02% dividend yield over the last twelve months, with an annual payout of $0.61 per share.


4.00%6.00%8.00%10.00%12.00%14.00%$0.00$0.50$1.00$1.50$2.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.61$0.58$0.53$0.58$0.57$0.54$0.52$0.70$0.88$0.96$1.69$1.90

Dividend yield

4.02%3.78%3.64%3.25%3.29%3.23%3.40%4.78%6.01%6.56%11.00%13.31%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Rochester New York Municipals Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.00$0.51
2023$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.58
2022$0.05$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.53
2021$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.58
2020$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.57
2019$0.04$0.04$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.54
2018$0.05$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.52
2017$0.07$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.06$0.05$0.05$0.05$0.70
2016$0.08$0.08$0.08$0.08$0.08$0.07$0.07$0.07$0.07$0.07$0.07$0.07$0.88
2015$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.96
2014$0.17$0.08$0.17$0.16$0.15$0.17$0.16$0.15$0.16$0.15$0.08$0.08$1.69
2013$0.19$0.16$0.15$0.16$0.15$0.17$0.16$0.15$0.16$0.16$0.15$0.15$1.90

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.28%
0
RMUNX (Invesco Rochester New York Municipals Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Rochester New York Municipals Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Rochester New York Municipals Fund was 36.54%, occurring on Dec 15, 2008. Recovery took 200 trading sessions.

The current Invesco Rochester New York Municipals Fund drawdown is 4.28%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-36.54%May 7, 2007406Dec 15, 2008200Oct 1, 2009606
-21.35%Jan 4, 2022204Oct 25, 2022
-15.1%Mar 2, 202015Mar 20, 2020184Dec 10, 2020199
-14.37%Feb 1, 1994209Nov 18, 1994128May 17, 1995337
-13.52%May 20, 201378Sep 9, 2013172May 15, 2014250

Volatility

Volatility Chart

The current Invesco Rochester New York Municipals Fund volatility is 2.78%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.78%
3.89%
RMUNX (Invesco Rochester New York Municipals Fund)
Benchmark (^GSPC)