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ATFAX Invesco Limited Term Municipal Income A

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Fund ATFAX Invesco Limited Term Municipal Income A BIAEX Brown Advisory Tax Exempt Bond Investor  
100% 94%
Annual Fees
(0.61% Exp. Ratio)
(0.49% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 1.98% annual return
$14,981.39 $15,533.64
Est. savings over 30 yrs +$552.25
As of 12/31/16
1 YR RETURN -0.55%
3 YR 1.73%
5 YR 1.85%
10 YR 3.62%
1 YR RETURN 0.62%
3 YR 2.50%
5 YR --
10 YR --
The investment seeks federal tax-exempt current income. The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in municipal debt securities that (1) pay interest that is excluded from gross income for federal income tax purposes, and (2) do not produce income that will be considered to be an item of preference for purposes of the alternative minimum tax. At least 80% of its net assets will normally be invested in investment grade municipal debt securities. The advisor will attempt to maintain a dollar-weighted average portfolio maturity of between three and five years.
The investment seeks to provide a high level of current income exempt from Federal income tax by investing primarily in intermediate-term investment grade municipal bonds. The fund normally will invest at least 80% of the fund's net assets (plus borrowings for investment purposes) in securities the interest of which is exempt from Federal income taxes and that do not subject shareholders to the federal alternative minimum tax ("AMT"). It may invest up to 20% of its assets in securities that may fully subject shareholders to Federal income tax, including the AMT. The fund is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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