---
ticker: "IROC"
name: "Invesco Rochester High Yield Municipal ETF"
url: "https://etf.net/etf/IROC"
grade: "B"
score: 60
graded_at: "2026-10-12"
category: "High-Yield Municipal Bonds"
category_rank: "11 of 19"
methodology: "https://etf.net/methodology"
---

# IROC: Invesco Rochester High Yield Municipal ETF

Grade **B**, Score 60 of 100. Rank 11 of 19 in High-Yield Municipal Bonds.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 9 of 19 |
| Mission | 86 | 12 of 18 |
| Risk | 69 | 3 of 19 |
| Tradability | 36 | 15 of 19 |
| Holdings | 61 | 12 of 19 |
| Durability | 50 | 12 of 19 |

## Top holdings

The fund holds 193 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Cash & Equivalents | 4.62% |
| 2 | — | Kentucky Public Energy Authority 5.00% 05/01/2036 | 1.33% |
| 3 | — | Hudson County Improvement Authority 6.25% 06/15/2046 | 1.13% |
| 4 | — | USD Pending Dividends | 1.11% |
| 5 | — | New Hampshire Business Finance Authority 6.40% 12/01/2037 | 1.07% |
| 6 | — | City of Cleveland OH 5.38% 09/15/2027 | 1.07% |
| 7 | — | City of Seattle WA Municipal Light & Power Revenue 1.30% 08/01/2056 | 1.07% |
| 8 | — | Orlando Utilities Commission 1.35% 10/01/2056 | 1.07% |
| 9 | — | Gulf Coast Industrial Development Authority 1.35% 11/01/2041 | 1.07% |
| 10 | — | New Hampshire Business Finance Authority 4.35% 10/01/2031 | 1.07% |
| 11 | — | Washington Suburban Sanitary Commission 1.30% 06/01/2027 | 1.07% |
| 12 | — | City of New York NY 1.30% 12/01/2047 | 1.07% |
| 13 | — | Kentucky Public Energy Authority 5.00% 12/01/2033 | 1.06% |
| 14 | — | Tulsa Municipal Airport Trust Trustees/OK 5.50% 12/01/2035 | 1.05% |
| 15 | — | Black Rock Mountain Resort Public Infrastructure District 5.88% 12/01/2054 | 1.03% |
| 16 | — | Central Plains Energy Project 5.00% 09/01/2042 | 1.02% |
| 17 | — | Georgia Housing & Finance Authority 5.00% 12/01/2053 | 1.02% |
| 18 | — | California Community Choice Financing Authority 5.00% 03/01/2056 | 1.00% |
| 19 | — | State of Texas 5.00% 08/01/2041 | 0.90% |
| 20 | — | Alabama Toll Road Bridge and Tunnel Authority 5.25% 01/01/2051 | 0.89% |
| 21 | — | New Hampshire Business Finance Authority 12/15/2041 | 0.87% |
| 22 | — | California School Finance Authority 5.00% 08/01/2048 | 0.82% |
| 23 | — | Children's Trust Fund 5.50% 05/15/2039 | 0.81% |
| 24 | — | New York Transportation Development Corp 5.63% 04/01/2040 | 0.81% |
| 25 | — | Main Street Energy Inc 5.00% 12/01/2033 | 0.81% |
| 26 | — | New Jersey Economic Development Authority 5.38% 01/01/2043 | 0.80% |
| 27 | — | Massachusetts Development Finance Agency 5.00% 07/01/2036 | 0.80% |
| 28 | — | 4201 Ark Metropolitan District No 1 6.25% 12/01/2053 | 0.78% |
| 29 | — | Alabama Toll Road Bridge and Tunnel Authority 5.25% 01/01/2051 | 0.78% |
| 30 | — | Southeast Energy Authority A Cooperative District 5.00% 01/01/2056 | 0.78% |

Source: etf.net, https://etf.net/etf/IROC. Please cite the page URL.