Invesco Rochester New York Municipals Fund (RMUNX)
The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the fund's state income tax. It invests mainly in New York municipal securities that pay interest that, in the opinion of counsel to the issuer of each security, is exempt from federal and New York personal income taxes. The fund can invest up to 25% of its total assets in below-investment-grade securities (commonly called "junk bonds").
Fund Info
US00141W7864
00141W786
May 14, 1986
$1,000
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Returns By Period
Invesco Rochester New York Municipals Fund had a return of 2.36% year-to-date (YTD) and 8.59% in the last 12 months. Over the past 10 years, Invesco Rochester New York Municipals Fund had an annualized return of 4.28%, while the S&P 500 had an annualized return of 11.21%, indicating that Invesco Rochester New York Municipals Fund did not perform as well as the benchmark.
RMUNX
2.36%
1.61%
3.47%
8.59%
1.80%
4.28%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.07% | 0.01% | -0.06% | -1.56% | 0.08% | 2.21% | 0.80% | 0.66% | 1.32% | -1.79% | 2.36% | ||
| 2023 | 4.83% | -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% |
| 2021 | 1.65% | -1.56% | 0.99% | 1.68% | 1.37% | 0.85% | 1.12% | -0.40% | -0.70% | -0.14% | 1.63% | 0.20% | 6.84% |
| 2020 | 2.60% | 2.48% | -7.46% | -2.98% | 4.06% | 2.13% | 2.09% | -0.42% | -0.48% | -0.19% | 2.90% | 1.51% | 5.82% |
| 2019 | 1.00% | 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% |
| 2017 | 1.07% | 1.18% | 0.77% | 2.17% | 0.95% | 0.13% | 0.04% | 0.77% | -1.47% | -1.47% | -1.02% | 1.01% | 4.13% |
| 2016 | 0.61% | 0.73% | 0.53% | 0.59% | 1.14% | 4.22% | 0.55% | 0.40% | 0.85% | -0.83% | -3.50% | 0.80% | 6.09% |
| 2015 | 1.97% | -0.06% | -0.19% | -0.65% | 1.13% | -3.41% | 0.42% | 0.61% | 1.36% | 0.60% | 0.33% | -0.07% | 1.97% |
| 2014 | 3.76% | 3.07% | 0.67% | 1.42% | 3.63% | -0.94% | 0.16% | 3.72% | 0.93% | 0.55% | 0.80% | 0.86% | 20.15% |
| 2013 | 2.34% | 1.14% | -0.55% | 2.20% | 0.08% | -4.92% | -3.05% | -4.74% | 2.70% | 1.78% | -0.48% | -1.50% | -5.28% |
Expense Ratio
RMUNX features an expense ratio of 0.78%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RMUNX is 37, 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.
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.
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.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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 4.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.54% | May 7, 2007 | 406 | Dec 15, 2008 | 200 | Oct 1, 2009 | 606 |
| -21.35% | Jan 4, 2022 | 204 | Oct 25, 2022 | — | — | — |
| -15.1% | Mar 2, 2020 | 15 | Mar 20, 2020 | 184 | Dec 10, 2020 | 199 |
| -14.37% | Feb 1, 1994 | 209 | Nov 18, 1994 | 128 | May 17, 1995 | 337 |
| -13.52% | May 20, 2013 | 78 | Sep 9, 2013 | 172 | May 15, 2014 | 250 |
Volatility
Volatility Chart
The current Invesco Rochester New York Municipals Fund volatility is 2.41%, 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.