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Guide to Invesco Limited Term Municipal Income A Fund (ATFAX)

Invesco Limited Term Municipal Income A ( ATFAX ) a Zacks Ranked #2 (Buy) seeks high level of tax-exempt income as is consistent with the preservation of capital by investing in high quality, intermediate-term Municipal Securities having a maturity of 10 1/2 years or less. ATFAX normally invests, a major portion of net assets in securities that generate income that is not subject to regular tax rules and that is not subject to the alternative minimum tax rules. The dividends are declared on each business day and paid monthly. ATFAX generally distributes long term and short term capital gains, if any, annually.

The Invesco Limited Term Municipal Income A fund, managed by Invesco , carries an expense ratio of 0.63. Moreover, ATFAX requires a minimal initial investment of $1,000.

ATFAX 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 1.11%, 3 year 1.69%, and 5 year 2.79%. To see how this fund performed compared in its category, please click here .

ATFAX's performance, as of the last filing, when compared to funds in its category was in the top 60% in 1 year, top 60% over the past 3 years, and in the 63% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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