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    Invesco PA Tax Free Inc A (VKMPX)

    16.84 Down 0.01(0.06%) May 24

    Profile as of Apr 29, 2016Get Profile for:
    Invesco PA Tax Free Inc A
    AIM Counselor Series Trust11 Greenway Plaza,Suite 100Houston, TX 77046
    Map
    Phone: 800-959-4246
    Fund Overview 
    Category:Muni Pennsylvania
    Fund Family:Invesco
    Net Assets:130.91M
    Year-to-Date Return:2.38%
    Yield:3.49%
    Morningstar Rating:3 stars
    Fund Inception Date:May 1, 1987
    Morningstar Style Box 
    Muni Pennsylvania
    [View Category Definition]
    View Top Muni Pennsylvania Funds
    About the Morningstar Style Box
    Management Information 
    Julius Williams
    Lead Manager since Dec 7, 2009
    Julius Williams is a Senior Portfolio Manager for Invesco municipal strategies. Mr. Williams entered the industry in 2000. Prior to joining Invesco, he was a portfolio manager and trader for municipal funds at Van Kampen. He joined Invesco in 2010 when the firm combined with Van Kampen. Mr. Williams earned a BA degree in economics and sociology, and a Master of Education degree in educational psychology from the University of Virginia.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:50
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:25
    Min Subsequent Investment, AIP:50
    VKMPX can be purchased from 101 brokerages.

    Fund Summary 
    The investment seeks to provide only Pennsylvania investors with a high level of current income exempt from federal and Pennsylvania state income taxes and, where possible under local law, local income and personal property taxes, through investment in a varied portfolio of medium- and lower-grade municipal securities. The fund invests, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in Pennsylvania municipal securities at the time of investment. It may not, however, invest more than 25% of its net assets in industrial development revenue bonds issued for companies in the same industry.

    Fund Operations 
    Last Dividend (Apr 28, 2016) : 0.05
    Last Cap Gain : 0.00
    Annual Holdings Turnover (May 23, 2016) : 13.00%
    Average for Category:13.05%
    Fees & Expenses 
    ExpenseVKMPXCategory Avg
    Annual Report Expense Ratio (net):1.09%0.94%
    Prospectus Net Expense Ratio:1.01%N/A
    Prospectus Gross Expense Ratio:1.04%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:4.25%4.31%
    Max Deferred Sales Load: N/A2.48%
    3 Yr Expense Projection*:742487
    5 Yr Expense Projection*:975714
    10 Yr Expense Projection*:1,6421,352
    * Per $10,000 invested