# Portfolio overlap — VMIIX vs IORAX Comparing **Invesco Municipal Income Fund** (2026-02-28) and **Invesco AMT-Free Municipal Income Fund** (2026-02-28). - Shared positions: 160 - Invesco Municipal Income Fund covered by Invesco AMT-Free Municipal Income Fund: 0.3169375259647240086728043686 - Invesco AMT-Free Municipal Income Fund covered by Invesco Municipal Income Fund: 0.3169375259647240086728043687 ## Invesco Municipal Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | MIAMI DADE FL/AGM 4% 10/1/45@ | 0.009095 | | | MWAA DULLES TOL 4% 10/1/2049 | 0.007858 | ✓ | | LOWER AL GAS DIST GAS PROJ REV LWRUTL 09/46 FIXED 5 | 0.007733 | ✓ | | FL ST DFC(BRIGHTLINE FL)/AGM 5.25% 7/1/53@ | 0.006969 | | | HARRIS CO CULTURAL-A | 0.006747 | ✓ | | TSASC, Inc., Series B | 0.006243 | ✓ | | UNIV TX 5% 8/15/49 | 0.005710 | | | OH BUCGEN 5 06/01/2055 | 0.005647 | ✓ | | COLUMBUS REGL ARPT-A | 0.005633 | | | WASHINGTON ST CONVENTION CENTER PUBLIC FACS DIST | 0.005574 | | | DENVER CO ARPT 5% 12/1/48@ | 0.005387 | | | Louisiana (State of) Public Facilities Authority (I-10 Calcasieu River Bridge), Series 2024, RB | 0.005364 | | | Missouri (State of) Health & Educational Facilities Authority (Mercy Health), Series 2017, RB | 0.005299 | | | Rockland Tobacco Asset Securitization Corp., Series 2005 A, RB | 0.005177 | | | Chicago O'Hare International Airport | 0.005161 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Series 2019 E, RB | 0.005125 | | | ALLEG PA ARPT 5% 1/1/2056 @ | 0.005111 | | | FORNEY TX INDEP SCH DIST | 0.005055 | ✓ | | Anchorage (City of), AK Municipality, Series 2024 A, RB | 0.005023 | | | MARYLAND ST ECON DEV CORP PRIV REGD B/E AMT 5.25000000 | 0.004954 | | | Tender Option Bond Trust Receipts/Certificates | 0.004767 | ✓ | | County of Broward FL Airport System Revenue | 0.004740 | | | County of Broward Tourist Development Tax Revenue | 0.004739 | ✓ | | Invesco Rochester High Yield Municipal ETF | 0.004716 | | | COLORADO ST HLTH FACS AUTH REVENUE | 0.004679 | | | MIAMI-DADE WTSW 4% 10/1/49 | 0.004679 | ✓ | | CO ST HLTH FACS AUTH | 0.004507 | | | SALT RIVER-SER B | 0.004421 | ✓ | | NJ TPK 5.25% 1/1/52 | 0.004301 | | | Peace River Manasota Regional Water Supply Authority, Series 2025, RB | 0.004272 | ✓ | | SILICON VLY CA TOBACCO SECURIT SILGEN 06/36 ZEROCPNOID 0 | 0.004204 | | | DT OF COLUMBIA-A-REV | 0.004145 | | | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE | 0.004133 | ✓ | | N TX TOLLWAY AUTH REVENUE | 0.004133 | | | Los Angeles (City of), CA Department of Airports (Green Bonds), Series 2022 G, RB | 0.004121 | | | PENNSYLVANIA ST ECON DEV FING REGD OID B/E AMT 5.25000000 | 0.004119 | | | IN FIN HSR(IN UNIV HLTH) 5% 10/1/53 | 0.004092 | ✓ | | LEE FL AIRPORT 5.25% 10/1/49@ | 0.004080 | | | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG | 0.004078 | | | OMAHA NE ARPT AUTH | 0.004040 | | | PREREF IOWA ST FIN AUTH MIDWSTRN DISA REGD V/R B/E PREREFUNDED 12/01/32 @ 100 5.00000000 | 0.004023 | ✓ | | PHILADELPHIA PA AUTH FOR INDL DEV HOSP REVENUE | 0.004016 | ✓ | | Metropolitan Nashville, TN Airport Auth. Rev. B, AMT | 0.003993 | | | PHOENIX CIVIC IMPT | 0.003942 | | | GTR TEXOMA UTIL AUTH | 0.003815 | | | M-S-R Energy Authority, Series 2009 B, RB | 0.003810 | ✓ | | Chicago O'Hare International Airport, Series 2024 A | 0.003790 | | | NY TRANSPRTN DEV -AMT | 0.003766 | | | KENTUCKY ST ECON DEV FIN AUTH REGD B/E 5.00000000 | 0.003760 | | | Illinois (State of), Series 2018 A, GO Bonds | 0.003717 | | ## 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 | | ## Sources - N-PORT (fund A) — accession `0000909466-26-000148` (as of 2026-02-28) - N-PORT (fund B) — accession `0000909466-26-000151` (as of 2026-02-28) --- _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 _