Skip to contentHome page Seeking Alpha - Power to InvestorsMar 26, 2026, 5:20 AM ETInvesco Rochester Limited Term New York Muni A (LTNYX), IORMX, LTBBX, LTBYX, LTNCXInvesco US3.32K FollowersCommentsSummaryThe Invesco Rochester Limited Term New York Municipal Fund Class A shares at net asset value outperformed its style-specific index.In the fourth quarter, investment grade, high yield and taxable municipals delivered positive returns of 1.42%, 1.11% and 1.05%, with annual returns of 4.25%, 2.46% and 7.89%, respectively.New municipal issuance reached $143 billion for the quarter and a record $584 billion for the year, surpassing last year's record $509 billion.The Fed cut the federal funds target rate by 0.25% in both October and December, for a total of three rate cuts in 2025.The fund's overweight in bonds with durations between seven and 15 years contributed to relative performance.ismagilov/iStock via Getty ImagesKey takeaways1 Fund performanceInvesco Rochester® Limited Term New York Municipal Fund Class A (LTNYX) shares at net asset value (NAV) outperformed its style-specific index, the S&P Municipal New York Investment Grade 4-7 Years Bond Index.This article was written byInvesco US3.32K FollowersInvesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a recommendation of the suitability of any investment strategy for a particular investor. Invesco does not provide tax advice. The tax information contained herein is general and is not exhaustive by nature. Federal and state tax laws are complex and constantly changing. Investors should always consult their own legal or tax professional for information concerning their individual situation. The opinions expressed are those of the authors, are based on current market conditions and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals. NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE All data provided by Invesco unless otherwise noted. Invesco Distributors, Inc. is the US distributor for Invesco Ltd.’s retail products and collective trust funds. Invesco Advisers, Inc. and other affiliated investment advisers mentioned provide investment advisory services and do not sell securities. Invesco Unit Investment Trusts are distributed by the sponsor, Invesco Capital Markets, Inc., and broker-dealers including Invesco Distributors, Inc. PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Each entity is an indirect, wholly owned subsidiary of Invesco Ltd. ©2015 Invesco Ltd. All rights reserved.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.