| |
1 | |
| |
6 | |
| |
12 | |
12 | |
13 | |
13 | |
| |
13 | |
13 | |
13 | |
| |
15 | |
| |
A-1 | |
A-1 | |
A-2 | |
A-3 | |
A-3 | |
A-10 | |
A-11 | |
A-13 | |
A-16 | |
A-17 | |
A-17 | |
A-18 | |
A-21 | |
A-24 | |
A-25 | |
A-26 | |
A-27 | |
| |
Back
Cover |
Class: |
A |
C |
Y |
R6 |
Maximum
Sales Charge (Load) Imposed on Purchases (as a
percentage
of offering price) |
% |
|
|
|
| ||||
Maximum
Deferred Sales Charge (Load) (as a percentage of
original
purchase price or redemption proceeds, whichever is
less) |
1 |
% |
|
|
|
Class: |
A |
C |
Y |
R6 |
Management
Fees |
% |
% |
% |
% |
| ||||
Distribution
and/or Service (12b-1) Fees |
|
|
|
|
| ||||
Other
Expenses |
|
|
|
|
| ||||
Interest |
|
|
|
|
| ||||
Total
Other Expenses |
|
|
|
|
| ||||
Total
Annual Fund Operating Expenses |
|
|
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A |
$ |
$ |
$ |
$ |
| ||||
Class
C |
$ |
$ |
$ |
$ |
| ||||
Class
Y |
$ |
$ |
$ |
$ |
| ||||
Class
R6 |
$ |
$ |
$ |
$ |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Class
A |
$ |
$ |
$ |
$ |
| ||||
Class
C |
$ |
$ |
$ |
$ |
| ||||
Class
Y |
$ |
$ |
$ |
$ |
| ||||
Class
R6 |
$ |
$ |
$ |
$ |
|
Class
A |
Period
Ended |
Returns |
|
|
|
|
|
|
|
|
- |
|
Inception
Date |
1
Year |
5
Years |
10
Years |
Class
A |
|
|
|
|
Return
Before Taxes |
|
-
% |
% |
% |
Return
After Taxes on Distributions |
|
- |
|
|
Return
After Taxes on Distributions and Sale of Fund
Shares |
|
- |
|
|
| ||||
Class
C |
|
- |
|
|
| ||||
Class
Y |
|
- |
|
|
| ||||
Class
R6 |
|
- |
1 |
1 |
| ||||
S&P
Municipal New York Investment Grade 4-7 Years
Bond
Index expenses
or taxes) |
|
- |
|
|
| ||||
S&P
Municipal Bond 2-17 Years Investment Grade
Index
(reflects no deduction for fees, expenses or
taxes) |
|
- |
|
|
|
Portfolio
Managers |
Title |
Length
of Service on the Fund |
Michael
L. Camarella, CFA |
Portfolio
Manager |
2020
(predecessor fund 2008 - 2018) |
| ||
Scott
S. Cottier, CFA |
Portfolio
Manager |
2020
(predecessor fund 2002 - 2018) |
| ||
Mark
R. DeMitry, CFA |
Portfolio
Manager |
2019
(predecessor fund 2006) |
| ||
Tim
O'Reilly |
Portfolio
Manager |
2020 |
| ||
Mark
Paris |
Portfolio
Manager |
2019 |
| ||
Julius
Williams |
Portfolio
Manager |
2020 |
|
Type
of Account |
Initial
Investment
Per
Fund |
Additional
Investments
Per
Fund |
Asset
or fee-based accounts managed by your financial
adviser |
None |
None |
| ||
Employer
Sponsored Retirement and Benefit Plans and
Employer
Sponsored IRAs |
None |
None |
| ||
IRAs
and Coverdell ESAs if the new investor is purchasing
shares
through a systematic purchase plan |
$25 |
$25 |
| ||
All
other types of accounts if the investor is purchasing shares
through
a systematic purchase plan |
50 |
50 |
| ||
IRAs
and Coverdell ESAs |
250 |
25 |
| ||
All
other accounts |
1,000 |
50 |
|
|
Net
asset
value,
beginning
of
period |
Net
investment
income(a)
|
Net
gains
(losses)
on
securities
(both
realized
and
unrealized) |
Total
from
investment
operations |
Dividends
from
net
investment
income |
Net
asset
value,
end
of
period |
Total
return(b)
|
Net
assets,
end
of period
(000's
omitted) |
Ratio
of
expenses
to
average
net
assets
with
fee
waivers
and/or
expenses
absorbed |
Ratio
of
expenses
to
average net
assets
without
fee
waivers
and/or
expenses
absorbed |
Supplemental
ratio
of
expenses
to
average
net
assets
with
fee waivers
(excluding
interest,
facilities
and
maintenance
fees) |
Ratio
of net
investment
income
to
average
net
assets |
Portfolio
turnover
(c)
|
Class
A | |||||||||||||
Year
ended 02/28/23 |
$2.98 |
$0.07 |
$(0.19) |
$(0.12) |
$(0.08) |
$2.78 |
(4.16)% |
$1,287,117 |
0.91% |
0.91% |
0.75% |
2.65% |
60% |
Year
ended 02/28/22 |
3.04 |
0.06 |
(0.04) |
0.02 |
(0.08) |
2.98 |
0.74 |
1,491,165 |
0.78 |
0.78 |
0.74 |
2.01 |
12 |
Year
ended 02/28/21 |
3.12 |
0.08 |
(0.07) |
0.01 |
(0.09) |
3.04 |
0.29(d)
|
1,411,111 |
0.87(d)
|
0.87(d)
|
0.76(d)
|
2.75(d)
|
17 |
Two
months ended 02/29/20 |
3.06 |
0.01 |
0.07 |
0.08 |
(0.02) |
3.12 |
2.45 |
1,370,661 |
0.76(e)
|
0.90(e)
|
0.76(e)
|
2.67(e)
|
1 |
Year
ended 12/31/19 |
2.95 |
0.09 |
0.12 |
0.21 |
(0.10) |
3.06 |
7.27 |
1,338,074 |
0.75 |
0.90 |
0.75 |
2.91 |
11 |
Year
ended 12/31/18 |
2.76 |
0.08 |
0.20 |
0.28 |
(0.09) |
2.95 |
10.38 |
1,168,856 |
0.85 |
1.03 |
0.85 |
2.77 |
36 |
| |||||||||||||
Class
C | |||||||||||||
Year
ended 02/28/23 |
2.97 |
0.05 |
(0.21) |
(0.16) |
(0.05) |
2.76 |
(5.26) |
70,720 |
1.66 |
1.66 |
1.50 |
1.90 |
60 |
Year
ended 02/28/22 |
3.02 |
0.04 |
(0.03) |
0.01 |
(0.06) |
2.97 |
0.31 |
90,290 |
1.53 |
1.53 |
1.49 |
1.26 |
12 |
Year
ended 02/28/21 |
3.10 |
0.06 |
(0.07) |
(0.01) |
(0.07) |
3.02 |
(0.47) |
91,938 |
1.63 |
1.63 |
1.52 |
1.99 |
17 |
Two
months ended 02/29/20 |
3.04 |
0.01 |
0.06 |
0.07 |
(0.01) |
3.10 |
2.34 |
195,347 |
1.51(e)
|
1.65(e)
|
1.51(e)
|
1.92(e)
|
1 |
Year
ended 12/31/19 |
2.93 |
0.06 |
0.13 |
0.19 |
(0.08) |
3.04 |
6.51 |
197,113 |
1.51 |
1.66 |
1.51 |
2.15 |
11 |
Year
ended 12/31/18 |
2.74 |
0.06 |
0.20 |
0.26 |
(0.07) |
2.93 |
9.63 |
377,338 |
1.61 |
1.79 |
1.61 |
2.02 |
36 |
| |||||||||||||
Class
Y | |||||||||||||
Year
ended 02/28/23 |
2.99 |
0.08 |
(0.21) |
(0.13) |
(0.08) |
2.78 |
(4.24) |
333,027 |
0.66 |
0.66 |
0.50 |
2.90 |
60 |
Year
ended 02/28/22 |
3.04 |
0.07 |
(0.03) |
0.04 |
(0.09) |
2.99 |
1.33 |
339,209 |
0.53 |
0.53 |
0.49 |
2.26 |
12 |
Year
ended 02/28/21 |
3.12 |
0.09 |
(0.07) |
0.02 |
(0.10) |
3.04 |
0.53 |
260,365 |
0.63 |
0.63 |
0.52 |
2.99 |
17 |
Two
months ended 02/29/20 |
3.06 |
0.01 |
0.07 |
0.08 |
(0.02) |
3.12 |
2.49 |
235,989 |
0.51(e)
|
0.65(e)
|
0.51(e)
|
2.92(e)
|
1 |
Year
ended 12/31/19 |
2.95 |
0.10 |
0.12 |
0.22 |
(0.11) |
3.06 |
7.53 |
224,615 |
0.51 |
0.66 |
0.51 |
3.15 |
11 |
Year
ended 12/31/18 |
2.76 |
0.09 |
0.20 |
0.29 |
(0.10) |
2.95 |
10.65 |
170,457 |
0.60 |
0.78 |
0.60 |
3.02 |
36 |
| |||||||||||||
Class
R6 | |||||||||||||
Year
ended 02/28/23 |
2.99 |
0.08 |
(0.21) |
(0.13) |
(0.08) |
2.78 |
(4.20) |
744 |
0.60 |
0.60 |
0.44 |
2.96 |
60 |
Year
ended 02/28/22 |
3.04 |
0.07 |
(0.03) |
0.04 |
(0.09) |
2.99 |
1.36 |
357 |
0.50 |
0.50 |
0.46 |
2.29 |
12 |
Year
ended 02/28/21 |
3.12 |
0.09 |
(0.07) |
0.02 |
(0.10) |
3.04 |
0.59 |
170 |
0.57 |
0.57 |
0.46 |
3.05 |
17 |
Two
months ended 02/29/20 |
3.06 |
0.02 |
0.06 |
0.08 |
(0.02) |
3.12 |
2.50 |
128 |
0.48(e)
|
0.62(e)
|
0.48(e)
|
2.95(e)
|
1 |
Period
ended 12/31/19(f)
|
3.05 |
0.06 |
0.02 |
0.08 |
(0.07) |
3.06 |
2.79 |
125 |
0.47(e)
|
0.62(e)
|
0.47(e)
|
3.20(e)
|
11 |
|
(a) |
Calculated
using average shares outstanding. |
(b) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset value for
financial reporting purposes and the returns
based
upon those net asset values may differ from the net asset value and
returns for shareholder transactions. Does not include sales charges and
is not annualized for periods less than one
year,
if applicable. |
(c) |
Portfolio
turnover is calculated at the fund level and is not annualized for periods
less than one year, if applicable. |
(d) |
The
total return, ratio of expenses to average net assets and ratio of net
investment income to average net assets reflect actual 12b-1 fees of 0.24%
for the year ended February 28, 2021. |
(e) |
Annualized. |
(f) |
Commencement
date after the close of business on May 24,
2019. |
Share
Classes |
|
|
|
|
Class
A |
Class
C |
Class
R |
Class
Y |
Class
R5 and R6 |
▪ Initial
sales charge which may be
waived
or reduced1
|
▪ No
initial sales charge |
▪ No
initial sales charge |
▪ No
initial sales charge |
▪ No
initial sales charge |
▪ CDSC
on certain redemptions1
|
▪ CDSC
on redemptions within one
year
if a commission has been paid |
▪ No
CDSC |
▪ No
CDSC |
▪ No
CDSC |
▪ 12b-1
fee of up to 0.25%2
|
▪ 12b-1
fee of up to 1.00%3
|
▪ 12b-1
fee of up to 0.50% |
▪ No
12b-1 fee |
▪ No
12b-1 fee |
|
▪ Investors
may only open an
account
to purchase Class C
shares
if they have appointed a
financial
intermediary that allows
for
new accounts in Class C shares
to
be opened. This restriction does
not
apply to Employer Sponsored
Retirement
and Benefit Plans. |
▪ Does
not convert to Class A shares |
▪ Does
not convert to Class A shares |
▪ Does
not convert to Class A
shares |
Share
Classes |
|
|
|
|
Class
A |
Class
C |
Class
R |
Class
Y |
Class
R5 and R6 |
|
▪ Eligible
for automatic conversion to
Class
A shares. See “Automatic
Conversion
of Class C and Class
CX
Shares” herein. |
▪ Intended
for Retirement and
Benefit
Plans4 |
|
▪ Special
eligibility requirements and
investment
minimums apply (see
“Share
Class Eligibility – Class R5
and
R6 shares” below) |
|
▪ Purchase
maximums apply |
|
|
|
Category
I Initial Sales Charges | |||
|
Investor’s
Sales Charge | ||
Amount
invested |
As
a % of
Offering
Price |
As
a % of
Investment | |
Less
than |
$50,000 |
5.50% |
5.82% |
| |||
$50,000 but
less than |
$100,000 |
4.50 |
4.71 |
| |||
$100,000 but
less than |
$250,000 |
3.50 |
3.63 |
| |||
$250,000 but
less than |
$500,000 |
2.75 |
2.83 |
| |||
$500,000 but
less than |
$1,000,000 |
2.00 |
2.04 |
|
Category II
Initial Sales Charges | |||
|
Investor’s
Sales Charge | ||
Amount
invested |
As
a % of
Offering
Price |
As
a % of
Investment | |
Less
than |
$100,000 |
4.25% |
4.44% |
| |||
$100,000 but
less than |
$250,000 |
3.50 |
3.63 |
| |||
$250,000 but
less than |
$500,000 |
2.50 |
2.56 |
| |||
$500,000 but
less than |
$1,000,000 |
2.00 |
2.04 |
|
Category
III Initial Sales Charges | |||
|
Investor’s
Sales Charge | ||
Amount
invested |
As
a % of
Offering
Price |
As
a % of
Investment | |
Less
than |
$100,000 |
1.00% |
1.01% |
| |||
$100,000 but
less than |
$250,000 |
0.75 |
0.76 |
| |||
$250,000 but
less than |
$1,000,000 |
0.50 |
0.50 |
|
Category
IV Initial Sales Charges | |||
|
Investor’s
Sales Charge | ||
Amount
invested |
As
a % of
Offering
Price |
As
a % of
Investment | |
Less
than |
$100,000 |
2.50% |
2.56% |
| |||
$100,000 but
less than |
$250,000 |
1.75 |
1.78 |
|
Category V
Initial Sales Charges | |||
|
Investor’s
Sales Charge | ||
Amount
invested |
As
a % of
Offering
Price |
As
a % of
Investment | |
Less
than |
$100,000 |
3.25% |
3.36% |
| |||
$100,000 but
less than |
$250,000 |
2.75 |
2.83 |
| |||
$250,000 but
less than |
$500,000 |
1.75 |
1.78 |
| |||
$500,000 but
less than |
$1,000,000 |
1.50 |
1.52 |
|
Category
VI Initial Sales Charges | |||
|
Investor’s
Sales Charge | ||
Amount
invested |
As
a % of
Offering
Price |
As
a % of
Investment | |
Less
than |
$50,000 |
5.50% |
5.82% |
| |||
$50,000 but
less than |
$100,000 |
4.50 |
4.71 |
| |||
$100,000 but
less than |
$250,000 |
3.50 |
3.63 |
|
Type
of Account |
Initial
Investment
Per
Fund |
Additional
Investments
Per
Fund |
Asset
or fee-based accounts managed by your financial
adviser |
None |
None |
| ||
Employer
Sponsored Retirement and Benefit Plans and
Employer
Sponsored IRAs |
None |
None |
| ||
IRAs
and Coverdell ESAs if the new investor is
purchasing
shares through a systematic purchase plan |
$25 |
$25 |
| ||
All
other accounts if the investor is purchasing shares
through
a systematic purchase plan |
50 |
50 |
| ||
IRAs
and Coverdell ESAs |
250 |
25 |
| ||
All
other accounts |
1,000 |
50 |
|
|
Opening
An Account |
Adding
To An Account |
Through
a
Financial
Adviser
or
Financial
Intermediary* |
Contact
your financial adviser or
financial
intermediary. |
Contact
your financial adviser or
financial
intermediary. |
By
Mail |
Mail
completed account application
and
check to the Funds’ transfer
agent,
Invesco
Investment Services, Inc.
P.O.
Box 219078,
Kansas
City, MO 64121-9078.
The
Funds’ transfer agent does NOT
accept
the following types of
payments:
Credit Card Checks,
Temporary/Starter
Checks, Third
Party
Checks, and Cash. |
Mail
your check and the remittance
slip
from your confirmation
statement
to the Funds’ transfer
agent.
The Funds’ transfer agent
does
NOT accept the following
types
of payments: Credit Card
Checks,
Temporary/Starter Checks,
Third
Party Checks, and Cash. |
By
Wire* |
Mail
completed account application
to
the Funds’ transfer agent. Call
the
Funds’ transfer agent at (800)
959-4246
to receive a reference
number.
Then, use the wire
instructions
provided below. |
Call
the Funds’ transfer agent to
receive
a reference number. Then,
use
the wire instructions provided
below. |
Wire
Instructions |
Beneficiary
Bank ABA/Routing #: 011001234
Beneficiary
Account Number: 729639
Beneficiary
Account Name: Invesco Investment Services, Inc.
RFB:
Fund Name, Reference #
OBI:
Your Name, Account # | |
By
Telephone* |
Open
your account using one of the
methods
described above. |
The
Bank Account Information
option
on your completed account
application
or complete a
Systematic
Options and Bank
Information
Form. Mail the
application
or form to the Funds’
transfer
agent. Once the Funds’
transfer
agent has received the
form,
call the Funds’ transfer agent
at
the number below to place your
purchase
order. For Class R5 and
R6
shares, call the Funds’ transfer
agent
at (800) 959-4246 and wire
payment
for your purchase order in
accordance
with the wire
instructions
listed above. |
Automated
Investor
Line |
Open
your account using one of the
methods
described above. |
Call
the Funds’ transfer agent’s
24-hour
Automated Investor Line at
1-800-246-5463.
You may place
your
order after you have provided
the
bank instructions that will be
requested. |
By
Internet |
Open
your account using one of the
methods
described above. |
Access
your account at
www.invesco.com/us.
The proper
bank
instructions must have been
provided
on your account. You may
not
purchase shares in Retirement
and
Benefit Plans on the internet. |
*Class
R5 and R6 shares may only be purchased through a financial intermediary or
by
telephone
at (800) 959-4246. |
How
to Redeem Shares | |
Through
a Financial
Adviser
or Financial
Intermediary* |
Contact
your financial adviser or financial intermediary. The Funds’
transfer
agent must receive your financial adviser’s or financial
intermediary’s
call before the Funds’ net asset value determination
(as
defined by the applicable Fund) in order to effect the redemption
at
that day’s net asset value. Please contact your financial adviser or
financial
intermediary with respect to reporting of cost basis and
available
elections for your account. |
By
Mail |
Send
a written request to the Funds’ transfer agent which
includes: |
|
▪ Original
signatures of all registered owners/trustees;
▪ The
dollar value or number of shares that you wish to redeem;
▪ The
name of the Fund(s) and your account number;
▪ The
cost basis method or specific shares you wish to redeem for
tax
reporting purposes, if different than the method already on
record;
and |
|
▪ Signature
guarantees, if necessary (see below).
The
Funds’ transfer agent may require that you provide additional
documentation,
or information, such as corporate resolutions or
powers
of attorney, if applicable. If you are redeeming from a
Retirement
and Benefit Plan, you must complete the appropriate
distribution
form. |
By
Telephone* |
Call
the Funds’ transfer agent at 1-800-959-4246. You will be
allowed
to redeem by telephone if:
▪ Your
redemption proceeds are to be mailed to your address on
record
(and there has been no change in your address of record
within
the last 15 days) or transferred electronically to a
pre-authorized
checking account;
▪ You
can provide proper identification information;
▪ Your
redemption proceeds do not exceed $250,000 per Fund; and
▪ You
have not previously declined the telephone redemption
privilege. |
|
You
may, in limited circumstances, initiate a redemption from an
Invesco
IRA by telephone. Redemptions from Employer Sponsored
Retirement
and Benefit Plans and Employer Sponsored IRAs may be
initiated
only in writing and require the completion of the appropriate
distribution
form, as well as employer authorization. You must call the
Funds’
transfer agent before the Funds’ net asset value
determination
(as defined by the applicable Fund) in order to effect
the
redemption at that day’s net asset value. |
Automated
Investor Line |
Call
the Funds’ transfer agent’s 24-hour Automated Investor Line at
1-800-246-5463.
You may place your redemption order after you
have
provided the bank instructions that will be
requested. |
By
Internet |
Place
your redemption request at www.invesco.com/us. You will be
allowed
to redeem by Internet if:
▪ You
can provide proper identification information;
▪ Your
redemption proceeds do not exceed $250,000 per Fund; and
▪ You
have already provided proper bank information.
Redemptions
from Employer Sponsored Retirement and Benefit
Plans
and Employer Sponsored IRAs may be initiated only in writing
and
require the completion of the appropriate distribution form, as
well
as employer authorization. |
*Class
R5 and R6 shares may only be redeemed through a financial intermediary or
by
telephone
at (800) 959-4246. |
Exchange
From |
Exchange
To |
Invesco
Cash Reserve Shares |
Class
A, C, R, Investor Class |
| |
Class
A |
Class
A, Investor Class, Invesco Cash Reserve Shares* |
| |
Class
A2 |
Class
A, Investor Class, Invesco Cash Reserve Shares |
| |
Class
AX |
Class
A, AX, Investor Class, Invesco Cash Reserve
Shares |
| |
Investor
Class |
Class
A, Investor Class |
| |
Class
P |
Class
A, Invesco Cash Reserve Shares |
| |
Class
S |
Class
A, S, Invesco Cash Reserve Shares |
| |
Class
C |
Class
C* |
| |
Class
CX |
Class
C, CX |
| |
Class
R |
Class
R* |
| |
Class
R5 |
Class
R5 |
| |
Class
R6 |
Class
R6 |
| |
Class
Y |
Class
Y* |
*
You may exchange Class Y shares of Invesco U.S. Government Money Portfolio
for Class A, C
or
R shares of any other Fund as long as you are otherwise eligible for such
share class. If you
exchange
Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C
or R shares
of
any other Fund, you may exchange those Class A, C or R shares back into
Class Y shares of
Invesco
U.S. Government Money Portfolio, but not Class Y shares of any other
Fund. |
By
Mail: |
Invesco
Investment Services, Inc.
P.O.
Box 219078
Kansas
City, MO 64121-9078 |
By
Telephone: |
(800)
959-4246 |
On
the Internet: |
You
can send us a request by e-mail or
download
prospectuses, SAIs, annual or
semi-annual
reports via our website:
www.invesco.com/us |
Invesco
Rochester®
Limited Term New York Municipal Fund
SEC 1940 Act file
number: 811-07890 |
invesco.com/us |
O-ROLTNYM-PRO-1 |