See what your fund actually adds
Invesco Rochester® Municipal Opportunities Fund Class A ORNAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | ORNAX | Replication |
|---|---|---|
| Annualized growth | -0.7% | -0.5% |
| Annualized volatility | 7.7% | 5.5% |
| Sharpe ratio | -0.05 | -0.06 |
| Maximum drawdown | 19.7% | 14.7% |
| Replication fit (R²) | 0.84 · Tracking error 3.0% | |
Replication portfolio
The published portfolio below is the investable basket used to model ORNAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 85.6% |
| VCLT | FI · Long Corp | 14.4% |