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RMUNX Invesco Rochester® New York Municipals 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. 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").
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A.I. Advisor
published General Information

General Information

Category MuniNewYorkLong

Profile
Details
Category
Muni New York 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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RMUNX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, RMUNX has been closely correlated with IORUX. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if RMUNX jumps, then IORUX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RMUNX
1D Price
Change %
RMUNX100%
N/A
IORUX - RMUNX
99%
Closely correlated
N/A
RMUCX - RMUNX
98%
Closely correlated
N/A
RMUYX - RMUNX
98%
Closely correlated
N/A
ONYYX - RMUNX
96%
Closely correlated
N/A
OPNYX - RMUNX
96%
Closely correlated
N/A
More
Invesco Rochester® New York Municipals A (RMUNX) mutual fund Forecast, Price Targets and Analysts Predictions - Tickeron.com