OLCAX — Invesco Limited Term California Municipal Fund
Data updated: 2026-07-30
OLCAX — Invesco Limited Term California Municipal Fund. Long Municipal - National Bond · $926.34M AUM. Holdings, fees, performance and SEC filings.
OLCAX Fund Overview
OLCAX — Invesco Limited Term California Municipal Fund is a US mutual fund managed by Aim Tax-Exempt Funds (invesco Tax-Exempt Funds), categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Aim Tax-Exempt Funds (invesco Tax-Exempt Funds)
- Category: Long Municipal - National Bond
- Assets under management: $926.34M
- 1-year return: 5.3%
- Ticker: OLCAX
- SEC CIK: 0000909466
- SEC series ID: S000064642
- Share class ID: C000209294
OLCAX Holdings
Top 10 holdings of Invesco Limited Term California Municipal Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Los Angeles (City of), CA Department of Airports | 2.44% |
| California Community Choice Financing Authority (Clean Energy) (Green Bonds) | 2.07% |
| Long Beach (City of), CA | 1.76% |
| California (State of) Municipal Finance Authority (United Airlines, Inc.) | 1.68% |
| San Jose (City of), CA | 1.62% |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport) | 1.43% |
| Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.) | 1.25% |
| State of California | 1.16% |
| California Community Choice Financing Authority | 1.14% |
| California Community Choice Financing Authority (Clean Energy) (Green Bonds) | 1.13% |
OLCAX Portfolio Allocation
Asset-class allocation of Invesco Limited Term California Municipal Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.3% |
OLCAX Performance
Total returns for OLCAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.4% |
| 1 year | 5.3% |
| 3 years (annualised) | 3.2% |
| 5 years (annualised) | 1.1% |
OLCAX Risk Information
Risk metrics for OLCAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.0%
OLCAX Costs and Fees
OLCAX costs about $79 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.79%
- Gross expense ratio: 0.79%
- Portfolio turnover: 40%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
OLCAX Cashflows
Over the 12 months to 2026-05, Invesco Limited Term California Municipal Fund had net inflows of $100.02M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $22.11M |
| 2026-04 | $13.08M |
| 2026-03 | $13.96M |
| 2026-02 | $17.65M |
| 2026-01 | $15.53M |
| 2025-12 | $7.64M |
OLCAX Debt Constituents
Largest debt holdings of Invesco Limited Term California Municipal Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Los Angeles (City of), CA Department of Airports | 2.44% |
| California Community Choice Financing Authority (Clean Energy) (Green Bonds) | 2.07% |
| Long Beach (City of), CA | 1.76% |
| California (State of) Municipal Finance Authority (United Airlines, Inc.) | 1.68% |
| San Jose (City of), CA | 1.62% |
| San Francisco (City & County of), CA Airport Commission (San Francisco International Airport) | 1.43% |
| Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.) | 1.25% |
| State of California | 1.16% |
| California Community Choice Financing Authority | 1.14% |
| California Community Choice Financing Authority (Clean Energy) (Green Bonds) | 1.13% |
OLCAX Prospectus and SEC Filings
Official Invesco Limited Term California Municipal Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-06-25
- Prospectus (485BPOS) — filed 2025-06-26
- Prospectus (485BPOS) — filed 2024-06-28
- Portfolio holdings (N-PORT) — filed 2026-07-30
- Portfolio holdings (N-PORT) — filed 2026-04-28
- Portfolio holdings (N-PORT) — filed 2026-01-29
- Annual census (N-CEN) — filed 2026-05-13
- Annual census (N-CEN) — filed 2025-05-14
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.