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VMIIX
Mutual Fund ticker: NASDAQ
AS OF
Jan 8 closing price
Price
$11.89
Change
-$0.06 (-0.50%)
Net Assets
3.43B

VMIIX Invesco Municipal Income Y Forecast, Technical & Fundamental Analysis

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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide investors with a high level of current income exempt from federal income tax, consistent with preservation of capital. 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 may invest up to 20% of its net assets in municipal securities below investment grade. The fund may invest all or a substantial portion of its assets in municipal securities that are subject to the federal alternative minimum tax.
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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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VMIIX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, VMIIX has been closely correlated with LANSX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if VMIIX jumps, then LANSX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To VMIIX
1D Price
Change %
VMIIX100%
-0.50%
LANSX - VMIIX
97%
Closely correlated
-0.57%
FKTIX - VMIIX
97%
Closely correlated
-0.55%
VWAHX - VMIIX
96%
Closely correlated
-0.56%
VWALX - VMIIX
96%
Closely correlated
-0.56%
FSMUX - VMIIX
96%
Closely correlated
-0.45%
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