9 important things you should know about Invesco LMTAX mutual fund
Updated: November 24, 2021
Bull case

No bull case arguments.

Bear case
Low net assets
3-year return below the benchmark
5-year return below the benchmark
10-year return below the benchmark
15-year return below the benchmark
High expense ratio
Sales load and/or distribution fees

Before we start: if you’re looking for LMTAX “stock” price, you can quickly find it out by visiting Finny and typing "LMTAX quote". If you’re looking for a quick scoop on LMTAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "LMTAX". You’ll get all this info in one place.

Are you looking to buy or sell LMTAX? Or perhaps you’re looking for LMTAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this LMTAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: LMTAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: LMTAX buy or sell; the pros and cons of investing in LMTAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to LMTAX.

And here is the list of questions we’ll answer:

  1. Describe AIM Investment Securities Funds (Invesco Investment Securities Funds): Invesco Sh Dur Infl Prot Fd; Cl A Shs (LMTAX).
  2. What are LMTAX holdings?
  3. What is LMTAX performance? What are LMTAX historical returns?
  4. What is LMTAX dividend yield?
  5. What is LMTAX minimum initial investment amount?
  6. Does LMTAX have any sales loads or 12b-1 distribution expenses?
  7. What is LMTAX Finny Score? LMTAX buy or sell?
  8. What are the pros of investing in LMTAX? What are LMTAX buy reasons?
  9. What are the cons of investing in LMTAX? What are LMTAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AIM Investment Securities Funds (Invesco Investment Securities Funds): Invesco Sh Dur Infl Prot Fd; Cl A Shs (LMTAX).

The Fund seeks liquidity with minimum fluctuation of principal value and the highest total return achievable. The Fund seeks to achieve this by investing in an actively managed portfolio of U.S. Treasury notes and other direct obligations of the U.S. Treasury.

2. What are LMTAX top holdings?

LMTAX has 0 stock holdings and 16 bond holdings.

The top 4 holdings represent 30.05% of total assets. Here are the top holdings:

Name Symbol % Assets
United States Treasury Notes 0.62% N/A 7.63%
United States Treasury Notes 0.38% N/A 7.54%
United States Treasury Notes 0.25% N/A 7.48%
United States Treasury Notes 0.12% N/A 7.40%

3. What is LMTAX performance? What are LMTAX historical returns?

LMTAX has generated the following returns:

  • 1-month return is 1.08%;
  • 3-month return is 1.66%;
  • 1-year return is 1.66%;
  • 3-year return is 4.95%;
  • 5-year return is 3.06%;
  • 10-year return is 1.69%;
  • 15-year return is 2.02%.

4. What is LMTAX dividend yield?

LMTAX yield is 1.18%.

5. What is LMTAX minimum initial investment amount?

LMTAX minimum initial investment amount is $1.00K.

6. Does LMTAX have any sales loads or 12b-1 distribution expenses?

LMTAX 12b-1 distribution fee is 0.25. LMTAX front-end sales load is 2.5. LMTAX back-end sales load is 0.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 7 reasons to sell it, resulting in the Finny Score of 0.

8. What are the pros of investing in LMTAX? What are LMTAX buy reasons?

We don't see any strong reasons to buy LMTAX.

9. What are the cons of investing in LMTAX? What are LMTAX negatives?

The following are LMTAX weaknesses from our perspective:

  • LMTAX net assets are $115.40 million. This fund is not a popular choice with retail investors.
  • LMTAX 3-year return is 4.95%, which is lower than the 3-year return of the benchmark index (ICE BofA 1-5 Year US Inflation-Linked Treasury TR USD), 5.52%.
  • LMTAX 5-year return is 3.06%, which is lower than the 5-year return of the benchmark index (ICE BofA 1-5 Year US Inflation-Linked Treasury TR USD), 3.62%.
  • LMTAX 10-year return is 1.69%, which is lower than the 10-year return of the benchmark index (ICE BofA 1-5 Year US Inflation-Linked Treasury TR USD), 1.99%.
  • LMTAX 15-year return is 2.02%, which is lower than the 15-year return of the benchmark index (ICE BofA 1-5 Year US Inflation-Linked Treasury TR USD), 3.16%.
  • LMTAX expense ratio is 0.55%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 2.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the LMTAX review, we covered LMTAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.