Key stats
About Invesco Rochester High Yield Municipal ETF
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Inception date
Dec 9, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46090A7476
IROC actively invests in a portfolio of high-yield municipal securities, including fixed and variable-rate securities. To an extent, the fund may also hold defaulted municipal securities, inverse floaters, tobacco settlement revenue bonds, and tobacco-related municipal bonds. Approximately 80% of the fund is allocated to low- to medium-quality municipal securities. The selection process utilizes intensive credit research that assesses issuers' operations and capital structure to obtain municipal securities with at least $15 million in par value while aiming for a dollar-weighted average portfolio duration of not more than 7.5 years. Derivatives such as futures contracts and swap agreements may also be used to hedge against credit risks and minimize sensitivity to interest rate changes. Before February 24, 2025, the fund was named Invesco Municipal Strategic Income ETF and traded under the ticker IMSI.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.34%
Cash1.66%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IROC last dividends amounted to 0.22 USD. The month before, the issuer paid 0.22 USD in dividends,
IROC assets under management is 72.13 M USD. It's risen 34.36% over the last month.
IROC fund flows account for 41.46 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IROC pays dividends to its holders with the dividend yield of 4.59%. The last dividend (Oct 24, 2025) amounted to 0.22 USD. The dividends are paid monthly.
IROC shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Dec 9, 2022, and its management style is Active.
IROC expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
IROC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IROC invests in bonds.
IROC price has risen by 0.21% over the last month, and its yearly performance shows a −1.00% decrease. See more dynamics on IROC price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.64% increase in three-month performance and has increased by 3.56% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.64% increase in three-month performance and has increased by 3.56% in a year.
IROC trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.