Invesco Rochester High Yield Municipal ETF (IROC): ETF
ETF traded on BATS under symbol IROC. Quoted in usd.
Invesco Rochester High Yield Municipal ETF
The Invesco Rochester High Yield Municipal ETF (IROC) is an actively managed exchange-traded fund designed to generate current income, which is exempt from federal income tax. Under typical market conditions, the fund pursues this objective by allocating a minimum of 75% of its net assets to higher-yielding municipal debt, specifically those considered medium or lower-grade in quality. Ordinarily, its portfolio maintains a weighted average duration of less than 7.5 years. Notably, effective February 24, 2025, the fund will solidify its strategy to invest at least 75% of its total assets in low-to-medium quality municipal securities. At this time, its ticker will officially become 'IROC', while its name, 'Invesco Rochester High Yield Municipal ETF', will be confirmed. Furthermore, for a defined period between July 1, 2025, and June 30, 2026, Invesco Capital Management LLC, the adviser, has committed to a voluntary 100% waiver of its 0.39% management fee. Consequently, the fund's net expense ratio will be 0.00% throughout this specific timeframe.
Largest holdings
- Connecticut State Health & Educational Facilities Authority 2.20% 07/01/20572.83%
- Kentucky Public Energy Authority 5.00% 05/01/20361.23%
- USD Pending Dividends1.19%
- Village Community Development District No 16 5.63% 05/01/20461.09%
- New Jersey Health Care Facilities Financing Authority 1.65% 07/01/20431.08%
- Hudson County Improvement Authority 6.25% 06/15/20461.03%
- Central Plains Energy Project 5.00% 09/01/20420.95%
- Kentucky Public Energy Authority 5.00% 12/01/20330.95%
- New Hampshire Business Finance Authority 6.40% 12/01/20370.95%
- Black Rock Mountain Resort Public Infrastructure District 5.88% 12/01/20540.95%
30d
48.03K
60d
48.89K
90d
37.94K