# Portfolio overlap — IORAX vs RTHAX Comparing **Invesco AMT-Free Municipal Income Fund** (2026-02-28) and **Tax-Exempt High Yield Bond Fund** (2026-04-30). - Shared positions: 71 - Invesco AMT-Free Municipal Income Fund covered by Tax-Exempt High Yield Bond Fund: 0.06771573327872844427683092370 - Tax-Exempt High Yield Bond Fund covered by Invesco AMT-Free Municipal Income Fund: 0.06771573327872844427683092370 ## Invesco AMT-Free Municipal Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Washington Metropolitan Area Transit Authority, Series 2020 A, RB | 0.012120 | | | California (State of) County Tobacco Securitization Agency, Series 2006 B, RB | 0.011490 | | | ILL ST TOLL 5% 1/1/45 | 0.010576 | | | Illinois (State of) Regional Transportation Authority, Series 2018 B, RB | 0.009918 | | | OH BUCGEN 5 06/01/2055 | 0.008578 | ✓ | | Inland Empire Tobacco Securitization Corp., Series 2007 F, RB | 0.008420 | | | Indianapolis Local Public Improvement Bond Bank, Series 2025, Ref. RB | 0.008081 | | | District of Columbia Tobacco Settlement Financing Corp., Series 2006 B, RB | 0.007991 | | | Water Works Board of the City of Birmingham (The), Series 2016B | 0.007906 | | | MIAMI-DADE WTSW 4% 10/1/49 | 0.007847 | | | SALT RIVER-SER B | 0.007769 | | | County of Broward Tourist Development Tax Revenue | 0.007726 | | | State of Hawaii Airports System, Series 2025B | 0.007693 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2022A-1 | 0.007435 | | | TX GPTTRN 4 10/01/2045 | 0.006996 | | | LOUISIANA STADIUM & EXPOSITION REGD B/E 5.00000000 | 0.006600 | | | TOBACCO SETTLEMENT FING CORP N TOBACCO SETTLEMENT FINANCING CORP | 0.006505 | | | PENNSYLVANIA ST REGD B/E 4.00000000 | 0.006144 | | | TSASC, Inc., Series B | 0.006131 | | | TOBACCO SETTLEMENT FING CORP NJ | 0.006056 | | | Aurora (City of), CO (Pipeline/Interceptor), Series 2023, RB | 0.006055 | | | NY ST DORM AUTH PIT 20D SF 4.0% 02-15-47 | 0.006010 | | | MSR Energy Authority, Series B | 0.005942 | | | M-S-R Energy Authority, Series 2009 B, RB | 0.005883 | | | LOWER AL GAS DIST GAS PROJ REV LWRUTL 09/46 FIXED 5 | 0.005847 | | | NYC HSG 4.80% 2/1/2053 | 0.005776 | | | Tender Option Bond Trust Receipts/Certificates | 0.005718 | | | PHILADELPHIA PA AUTH FOR INDL DEV HOSP REVENUE | 0.005693 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.005606 | ✓ | | Miami-Dade (County of), FL Transit System, Series 2020 A, RB | 0.005453 | | | FORNEY TX INDEP SCH DIST | 0.005337 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Refunding Series 2024A-1 | 0.005263 | ✓ | | El Paso (City of), TX, Series 2022 A, RB | 0.005227 | | | NEW YORK NY | 0.005224 | | | San Antonio, TX Electric and Gas Systems Rev. A | 0.005207 | | | LOS ANGELES DEPT WTR | 0.005204 | | | San Diego (County of), CA Regional Airport Authority, Series 2025, RB | 0.005194 | | | Tender Option Bond Trust Receipts/Certificates | 0.005175 | | | BLACK BELT ENERGY GAS VAR | 0.005119 | ✓ | | NEW YORK NY REGD B/E 5.25000000 | 0.005112 | | | ST LOUIS MO AIR 5.25% 7/1/2049 | 0.005108 | | | NJ HLTH CARE FACS-A | 0.005092 | | | Pennsylvania Housing Finance Agency | 0.005088 | | | Chicago O'Hare International Airport, Series 2018B | 0.005081 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.005018 | | | Port of Houston Authority, Harris County, Texas, Revenue Bonds, First Lien Series 2023 | 0.004985 | | | Maryland Transportation Authority, Revenue Bonds, Transportation Facilities Projects, Series 2021A | 0.004984 | | | Chicago Midway International Airport, Series 2025, RB | 0.004959 | | | DALLAS-FORT WORTH TX INTERNATI REGD B/E 5.00000000 | 0.004953 | | | MET TRANS AUTH-A-A2 | 0.004928 | | ## Tax-Exempt High Yield Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | U.S. Cash Management Fund | 0.022721 | | | OH BUCGEN 5 06/01/2055 | 0.011235 | ✓ | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.009425 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.009146 | ✓ | | WI PUBTRN 6.5 12/31/2065 | 0.005632 | | | New York State Dormitory Authority | 0.005206 | | | Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A | 0.004997 | | | NY NYCDEV 5 11/15/2044 | 0.004638 | | | Salt River Project Agricultural Improvement & Power District, Series 2025, RB | 0.004476 | | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.004451 | | | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE | 0.004126 | | | NY TRANS CORP 5.50% 6/30/2054 @ | 0.004044 | | | RESTRUCTURED-SER A-2 | 0.004019 | ✓ | | TUSCLSA AL GOZ 5.25% 5/1/2044 | 0.004011 | | | Puerto Rico, GDB Debt Recovery Authority Commonwealth Bonds, Taxable Series 2018 | 0.004008 | | | RESTRUCTURED-SER A1 | 0.003644 | ✓ | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000 | 0.003642 | | | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022 | 0.003507 | ✓ | | City of Orlando, Series 2026B | 0.003504 | | | TX TRANSPRTN FIN-A | 0.003486 | | | City of New York, Series 2026G | 0.003459 | | | Harris County, Texas, Toll Road Revenue Bonds, Refunding First Lien Series 2024A | 0.003456 | | | Weatherford College of the Parker County Junior College District, Series 2025, RB | 0.003422 | | | UNITED STATES VIRGIN ISLANDS FEDERAL EXCISE TAX 5.0% 10-01-30 | 0.003390 | | | AR ARSDEV 09/01/2046 | 0.003371 | | | MISSOURI ST HLTH & EDUCTNL FACS AUTH | 0.003294 | | | STATE OF NEW JERSEY 4.0% 06-15-45 | 0.003139 | | | CHICAGO IL BRD OF EDU REGD OID B/E 5.75000000 | 0.002855 | | | NEW HOPE EDU FACS-A-1 | 0.002847 | | | CA STWD 5% 12/1/2046 | 0.002792 | | | NY TRANS CORP 5.375% 6/30/2060 @ | 0.002764 | | | RESTRUCTURED-SER A-2 | 0.002739 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 A, RB | 0.002707 | | | George L. Smith II GA World Congress Center Auth. Rev. (Convention Center Hotel) A | 0.002650 | | | SOUTH JERSEY PORT NJ 17B AMT SF 5.0% 01-01-42 | 0.002623 | | | Jefferson (County of), AL, Series 2024, Ref. RB | 0.002598 | ✓ | | Toll Road Sr Lien Refunding RB Series 2021A | 0.002579 | | | MWAA DULLES TOL 4% 10/1/2049 | 0.002497 | ✓ | | NH NFAUTL 6.89 04/01/2034 | 0.002418 | | | PROJECTNEW YORK TRANS | 0.002357 | | | STATE OF ILLINOIS MCCORMICK PLACE EXPANSION PROJECT FUND 4.0% 06-15-52 | 0.002298 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.002280 | ✓ | | BALTIMORE MD WASTEWATER SUB 14C SF 5.0% 07-01-44 | 0.002265 | | | PROMEDICA HEALTHCARE OBLIGATED GROUP 5.25% 11-15-48 | 0.002256 | | | NJ TRANSPRTN TRUST-CC | 0.002185 | | | LONGWOOD HOUSING FOUNDATION LLC 5.0% 01-01-40 | 0.002180 | | | Black Belt Energy Gas District | 0.002161 | | | Travis County Healthcare District | 0.002157 | | | IL CHITRN 5.25 01/01/2061 | 0.002134 | | | PUERTO RICO SALES TAX FING COR REGD ZCP OID B/E 0.00000000 | 0.002131 | ✓ | ## Sources - N-PORT (fund A) — accession `0000909466-26-000151` (as of 2026-02-28) - N-PORT (fund B) — accession `0001410368-26-063588` (as of 2026-04-30) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _