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OPTAX
Mutual Fund ticker: NASDAQ
AS OF
Aug 5 closing price
Price
$6.53
Change
+$0.01 (+0.15%)
Net Assets
2.04B

OPTAX Invesco AMT-Free Municipal Inc A 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. Under normal market conditions, and as a fundamental policy, 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 will not invest in municipal securities the interest on which would be subject to the federal "alternative minimum tax" (AMT).
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A.I. Advisor
published General Information

General Information

Category MuniNationalLong

Profile
Fundamentals
Details
Category
Muni National Long
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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OPTAX and MutualFunds

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To OPTAX
1D Price
Change %
OPTAX100%
N/A
VWAHX - OPTAX
98%
Closely correlated
N/A
VWALX - OPTAX
98%
Closely correlated
N/A
VWLTX - OPTAX
98%
Closely correlated
N/A
VWLUX - OPTAX
98%
Closely correlated
N/A
MISHX - OPTAX
97%
Closely correlated
N/A
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