Ticker: ORSTX (Class A)

Invesco Short Term Municipal Fund

Seeks to provide capital preservation and tax-free income by purchasing short-term investment grade bonds that are exempt from federal personal income taxes.

Reasons to invest

The Invesco Short Term Municipal Fund seeks to provide capital preservation and tax-free income by purchasing short-term investment grade bonds that are exempt from federal personal income taxes. As one of the largest municipal bond managers, we use our size and deep experience to provide investors consistent access to bond issues.

FAQ

Get timely answers to important questions regarding this product.

A short term municipal fund is a mutual fund that invests in municipal bonds with shorter duration measures a bond's or fixed income portfolio's price sensitivity to interest rate changes., typically of four years or less.

The main advantage of short term funds is that they are typically less sensitive to interest rates than funds that invest in bonds with longer durations.

The income on municipal bonds is typically exempt from federal taxes, as well as potentially from state and local taxes. The tax benefits of municipal bonds make them attractive relative to taxable bonds with equivalent yields, especially for investors in higher tax brackets.

The following share classes are offered for this fund: Class A, Class R6 and Class Y.

Explore related funds

To learn more about our municipal fixed income offerings, explore the funds below.

  • US Fixed Income

    VKMMX

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    Invesco Municipal Income Fund

    Fixed Income
  • US Fixed Income

    ACTHX

    Mutual Fund

    Invesco High Yield Municipal Fund

    Fixed Income

  • The Fund’s investment objective is to seek tax-free income.