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ACTHX Invesco High Yield Municipal A Forecast, Technical & Fundamental Analysis

Category HighYieldMuni
A.I.Advisor
published Highlights

Industry description

The investment seeks federal tax-exempt current income and taxable capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities at the time of investment. It invests at least 75% of its net assets in higher yielding municipal securities, specifically medium- and lower-grade municipal securities. The fund may not, however, invest more than 25% of its net assets in industrial development revenue bonds issued for companies in the same industry.
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A.I. Advisor
published General Information

General Information

Category HighYieldMuni

Profile
Fundamentals
Details
Category
High Yield Muni
Address
AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)11 Greenway Plaza,Suite 100Houston
Phone
N/A
Web
www.invesco.com/us
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ACTHX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, ACTHX has been closely correlated with MMHEX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if ACTHX jumps, then MMHEX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ACTHX
1D Price
Change %
ACTHX100%
N/A
MMHEX - ACTHX
98%
Closely correlated
N/A
MMHVX - ACTHX
97%
Closely correlated
+0.08%
CXHYX - ACTHX
97%
Closely correlated
N/A
PTYIX - ACTHX
97%
Closely correlated
N/A
ORNAX - ACTHX
96%
Closely correlated
N/A
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