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IORMX Invesco Rochester® Limited Tm NY MncplR6 Forecast, Technical & Fundamental Analysis

The investment seeks tax-free income... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks tax-free income. 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 federal and, as applicable, the fund's state income tax. The adviser selects investments without regard to the federal alternative minimum tax ("AMT"). Additionally, under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in New York municipal securities, and in derivatives and other instruments that have economic characteristics similar to such securities.
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A.I. Advisor
published General Information

General Information

Category MuniSingleStateShort

Profile
Details
Category
Muni Single State Short
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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IORMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, IORMX has been closely correlated with CCSTX. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if IORMX jumps, then CCSTX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IORMX
1D Price
Change %
IORMX100%
N/A
CCSTX - IORMX
71%
Closely correlated
+0.10%
IORLX - IORMX
61%
Loosely correlated
N/A
OLCCX - IORMX
60%
Loosely correlated
N/A
OLCYX - IORMX
50%
Loosely correlated
N/A
FCSTX - IORMX
47%
Loosely correlated
N/A
More
Invesco Rochester® Limited Tm NY MncplR6 (IORMX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com