Invesco Short Term Municipal A
ORSTX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Full Time Employees
- 8,700
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Houston, TX 77046 Atlanta GA United States of America 30309
- IPO Date
- Jun 21, 2011
- Website
- invesco.com
- Similar Companies
- Business
- Invesco Short Term Municipal Fund Class A (ORSTX) is an open-end mutual fund managed by Invesco Advisers, Inc. that seeks capital preservation and current tax-free income by investing primarily in short-term, investment-grade municipal securities exempt from federal personal income taxes. The fund normally allocates at least 80% of its assets to municipal bonds, notes, interests in municipal leases, and tax-exempt commercial paper issued by states, their political subdivisions, the District of Columbia, U.S. territories, or their agencies, with a dollar-weighted average effective portfolio maturity of two years or less and an average effective maturity typically under five years; its portfolio emphasizes high-credit-quality holdings across sectors such as gas supply revenue, transportation, multifamily housing, and school districts, exemplified by top positions in Black Belt Energy Gas Dist Ala Gas Prepay Rev 4%, New York Transn Dev Corp Spl Fac Rev 5%, and PEFA Inc Iowa Gas Proj Rev 5%. Share classes include Class A (ORSTX), Class Y (ORSYX), and Class R6 (STMUX), with operations focused on U.S. investors seeking tax-advantaged, low-volatility fixed income exposure through a diversified portfolio of approximately 626 holdings, 96% in U.S. municipal tax-exempt bonds and 3% in cash equivalents. The fund, part of Invesco Ltd.'s municipal fixed income lineup, leverages the firm's extensive research capabilities across the $4 trillion U.S. municipal market to identify relative value opportunities and maintain competitive monthly distribution yields with a risk-aware process. Invesco Ltd., founded in 1935 and headquartered in Atlanta, Georgia, operates globally in over 20 countries with approximately $1.6 trillion in assets under management as of late 2023, offering a broad range of equity, fixed income, and alternative investment products. In recent developments, Invesco expanded its active fixed income offerings in July 2025 with the launch of the Invesco Intermediate Municipal ETF (INTM), which targets investment-grade municipal bonds for federally tax-exempt income with intermediate duration, complementing short-term strategies like ORSTX amid ongoing enhancements to its municipal bond platform. Earlier in December 2024, Invesco completed tender offers for two municipal closed-end funds—Invesco Trust for Investment Grade New York Municipals (VTN) and Invesco Pennsylvania Value Municipal Income Trust (VPV)—accepting shares at 99% of net asset value to optimize capital structure, reflecting strategic portfolio management adjustments within its municipal income segment. These initiatives align with Invesco's broader fixed income expansions and prior management team integrations from acquisitions like OppenheimerFunds in 2018, underscoring a focus on tax-efficient municipal solutions.