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ACCDX Invesco Corporate Bond B

  • Fund
  • ACCDX
  • Price as of: N/A
  • N/A N/A N/A
  • Category
  • Corporate Bonds
  • Fund Company
  • N/A

ACCDX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 4.5%
  • 5 Yr Annualized Return 4.2%
  • Net Assets $1.61 B
  • Holdings in Top 10 18.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 212.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Nov 30, 2010

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Corporate Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Corporate Bond

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.60%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Invesco Corporate Bond Fund
  • Fund Family Name N/A
  • Inception Date Sep 28, 1992
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Charles E. Burge

Fund Description

The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in corporate bonds, and in derivatives and other instruments that have economic characteristics similar to such securities. At least 65% of the fund's net assets must be, and up to 100% may be, invested in investment grade securities; securities issued or guaranteed by the U.S. government, its agencies or instrumentalities; commercial paper rated Prime by Moody's or A- or higher by S&P; and cash and cash equivalents.

ACCDX - Performance

Return Ranking - Trailing

Period ACCDX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.0% 7.4% N/A
1 Yr 7.3% -6.1% 5.5% N/A
3 Yr 4.5%* -3.2% 2.1% N/A
5 Yr 4.2%* -5.7% 1.8% N/A
10 Yr 5.6%* -4.7% 3.5% N/A

* Annualized


Return Ranking - Calendar

Period ACCDX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -11.7% 2.7% N/A
2017 N/A -2.5% 8.3% N/A
2016 N/A -3.1% 11.6% N/A
2015 N/A -18.3% 0.0% N/A
2014 N/A -8.4% 12.3% N/A

Total Return Ranking - Trailing

Period ACCDX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.0% 7.4% N/A
1 Yr 2.3% -5.2% 7.8% N/A
3 Yr 3.5%* -1.9% 6.8% N/A
5 Yr 3.9%* -3.3% 5.0% N/A
10 Yr 5.6%* -1.8% 9.7% N/A

* Annualized


Total Return Ranking - Calendar

Period ACCDX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -11.7% 3.9% N/A
2017 N/A -2.5% 11.6% N/A
2016 N/A -3.1% 17.7% N/A
2015 N/A -16.2% 3.7% N/A
2014 N/A -8.0% 17.6% N/A

NAV & Total Return History

ACCDX - Holdings

Concentration Analysis

ACCDX Category Low Category High ACCDX % Rank
Net Assets 1.61 B 10.6 M 29.5 B N/A
Number of Holdings 685 11 2217 N/A
Net Assets in Top 10 155 M -310 M 3.34 B N/A
Weighting of Top 10 18.54% 2.8% 155.9% N/A

Top 10 Holdings

  1. US 10 Year Note (CBT) Mar18 4.50%

  2. Us 2yr Note Future 2.97%

  3. US Treasury Note 2.25% 2.35%

  4. US Treasury Bond 2.75% 2.32%

  5. Aercap Global Aviation Tr 144A FRN 1.43%

  6. Sprint Spectrum Co Llc/Sprint 144A 3.36% 1.09%

  7. US 5 Year Note (CBT) Mar18 1.09%

  8. Engy Transfer Partners FRN 1.03%

  9. At&T 3.9% 0.89%

  10. Plains All Amern Pipe L P FRN 0.86%


Asset Allocation

Weighting Return Low Return High ACCDX % Rank
Bonds
88.70% 26.44% 173.58% N/A
Cash
8.25% -84.03% 73.31% N/A
Convertible Bonds
2.02% 0.00% 16.87% N/A
Preferred Stocks
1.19% 0.00% 29.57% N/A
Other
0.02% -34.36% 6.75% N/A
Stocks
-0.17% -5.28% 14.51% N/A

Bond Sector Breakdown

Weighting Return Low Return High ACCDX % Rank
Corporate
81.67% 0.00% 103.35% N/A
Government
6.34% -30.95% 54.13% N/A
Securitized
5.17% 0.00% 115.76% N/A
Derivative
4.19% -0.48% 73.03% N/A
Cash & Equivalents
2.61% -84.06% 73.31% N/A
Municipal
0.18% 0.00% 12.62% N/A

Bond Geographic Breakdown

Weighting Return Low Return High ACCDX % Rank
US
74.64% 7.78% 153.73% N/A
Non US
14.06% -0.62% 48.77% N/A

ACCDX - Expenses

Operational Fees

ACCDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.00% 3.46% N/A
Management Fee 0.38% 0.00% 1.70% N/A
12b-1 Fee 0.25% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

ACCDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 5.00% 0.00% 5.50% N/A

Trading Fees

ACCDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ACCDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 212.00% 6.00% 1515.00% N/A

ACCDX - Distributions

Dividend Yield Analysis

ACCDX Category Low Category High ACCDX % Rank
Dividend Yield 0.00% 0.00% 0.97% N/A

Dividend Distribution Analysis

ACCDX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

ACCDX Category Low Category High ACCDX % Rank
Net Income Ratio 3.60% 0.12% 5.67% N/A

Capital Gain Distribution Analysis

ACCDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

ACCDX - Managers

Charles E. Burge

Manager

Start Date

Tenure

Tenure Rank

Feb 12, 2010

7.97

8.0%

Chuck Burge is a Senior Portfolio Manager with Invesco Fixed Income. Mr. Burge joined Invesco in 2002 as a portfolio manager and has held various positions with increased responsibility within the Taxable Investment team. He assumed his fund management responsibilities in 2009. Prior to joining Invesco, Mr. Burge spent seven years with Criterion Investment Management. He entered the industry in 1993. Mr. Burge earned a BS degree in economics from Texas A&M University. He also earned an MBA in finance and accounting from Rice University.


Scott Roberts

Manager

Start Date

Tenure

Tenure Rank

Aug 20, 2012

5.45

5.5%

Scott Roberts is Co-Head of the High Yield team for Invesco Fixed Income. He is also a Senior Portfolio Manager on the team and has analytical responsibilities for the chemicals, energy and utility areas. Mr. Roberts joined Invesco in 2000 as a high yield analyst and was named portfolio manager in 2009. Previously, he was a high yield analyst and trader with Van Kampen Investment Advisory Corp. He entered the industry in 1995. Mr. Roberts earned a BBA degree in finance from the University of Houston. He is a CFA charterholder.


Michael Hyman

Manager

Start Date

Tenure

Tenure Rank

Jun 28, 2013

4.6

4.6%

Michael Hyman is Chief Investment Officer, Global Investment Grade & Emerging Markets for Invesco Fixed Income. He joined Invesco in 2013. Previously, Mr. Hyman was with ING Investment Management and ING Institutional Markets for 12 years. At ING, he was the head of investment grade corporate credit, responsible for investment grade corporate credit as well as collaterized loan obligation and synthetic collateralized debt obligation investment portfolios. Prior to joining ING, Mr. Hyman was a director of capital markets for GE Capital


Matthew Brill

Manager

Start Date

Tenure

Tenure Rank

Jun 28, 2013

4.6

4.6%

Matt Brill is a senior portfolio manager for Invesco Fixed Income. He is responsible for implementing investment grade credit strategies across the fixed income platform. Prior to joining Invesco in 2013, Mr. Brill was a portfolio manager and vice president at ING Investment Management and a portfolio analyst at Wells Real Estate Funds. He entered the industry in 2002. Mr. Brill earned a BA degree in economics at Washington and Lee University. He is also a CFA charterholder.


Tenure Analysis

Category Low

0.0

Category High

23.35

Category Average

6.04

Category Mode

6.41