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AFRAX Invesco Floating Rate A

  • Fund
  • AFRAX
  • Price as of: Apr 22, 2019
  • $7.49 - $0.00 - 0.00%
  • Category
  • Bank Loan

AFRAX - Profile

Vitals

  • YTD Return 3.6%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return -1.2%
  • Net Assets $2.16 B
  • Holdings in Top 10 9.5%

52 WEEK LOW AND HIGH

$7.49
$7.22
$7.61

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.08%

SALES FEES

  • Front Load 2.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 51.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Bank Loan
  • Fund Type Open End Mutual Fund
  • Investment Style Bank Loan

Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return -1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.15%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Invesco Floating Rate Fund
  • Fund Family Name Invesco
  • Inception Date May 01, 1997
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States

Fund Description

The fund invests under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in senior secured floating rate loans made by banks and other lending institutions and in senior secured floating rate debt instruments, and in derivatives and other instruments that have economic characteristics similar to such securities. It may use leverage in an effort to maximize its return through borrowing, generally from banks, in an amount of up to 33 1/3% of the fund's total assets after such borrowing.

AFRAX - Performance

Return Ranking - Trailing

Period AFRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% 0.0% 5.0% 55.44%
1 Yr -1.4% -3.5% 0.9% 45.21%
3 Yr 1.0%* -1.0% 3.2% 29.28%
5 Yr -1.2%* -2.9% -0.2% 74.16%
10 Yr 2.1%* 0.0% 3.4% 27.85%

* Annualized


Return Ranking - Calendar

Period AFRAX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.5% -6.4% 0.0% 39.89%
2017 -0.1% -2.7% 2.8% 34.59%
2016 6.2% -0.4% 7.9% 26.11%
2015 -7.5% -10.4% -1.0% 87.08%
2014 -3.4% -6.9% -1.7% 56.25%

Total Return Ranking - Trailing

Period AFRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% 0.0% 5.0% 58.03%
1 Yr -1.4% -3.0% 2.8% 57.45%
3 Yr 1.0%* -0.4% 7.1% 41.99%
5 Yr -1.2%* -2.2% 3.8% 88.20%
10 Yr 2.1%* 0.0% 5.8% 32.91%

* Annualized


Total Return Ranking - Calendar

Period AFRAX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.5% -6.4% 0.7% 50.53%
2017 -0.1% -1.6% 7.2% 45.41%
2016 6.2% 1.6% 11.5% 35.56%
2015 -7.5% -8.8% 1.6% 88.76%
2014 -3.4% -6.9% 2.4% 67.61%

NAV & Total Return History

AFRAX - Holdings

Concentration Analysis

AFRAX Category Low Category High AFRAX % Rank
Net Assets 2.16 B 62.7 M 12.8 B 35.75%
Number of Holdings 695 95 1856 14.51%
Net Assets in Top 10 203 M 10.3 M 1.76 B 42.49%
Weighting of Top 10 9.50% 5.3% 77.0% 57.51%

Top 10 Holdings

  1. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  2. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  3. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  4. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  5. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  6. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  7. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  8. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  9. Transdigm Inc 2018 New Tranche F Term Loan 1.09%

  10. Asurion Llc Second Lien 1.04%


Asset Allocation

Weighting Return Low Return High AFRAX % Rank
Bonds
96.67% 85.10% 100.55% 11.92%
Other
1.75% -1.82% 9.21% 11.92%
Stocks
1.50% 0.00% 3.93% 8.29%
Cash
0.09% -1.72% 12.56% 91.19%
Preferred Stocks
0.00% 0.00% 0.30% 79.79%
Convertible Bonds
0.00% 0.00% 4.55% 77.20%

Stock Sector Breakdown

Weighting Return Low Return High AFRAX % Rank
Utilities
0.44% 0.00% 0.44% 3.53%
Energy
0.28% 0.00% 0.53% 7.65%
Basic Materials
0.18% 0.00% 2.43% 17.65%
Consumer Cyclical
0.17% 0.00% 0.75% 15.29%
Communication Services
0.02% 0.00% 0.02% 5.29%
Technology
0.00% 0.00% 0.06% 70.59%
Real Estate
0.00% 0.00% 0.15% 73.53%
Industrials
0.00% 0.00% 0.45% 80.00%
Healthcare
0.00% 0.00% 0.09% 70.59%
Financial Services
0.00% 0.00% 0.33% 72.35%
Consumer Defense
0.00% 0.00% 0.05% 72.94%

Stock Geographic Breakdown

Weighting Return Low Return High AFRAX % Rank
US
1.36% 0.00% 3.93% 8.29%
Non US
0.14% 0.00% 0.53% 8.81%

Bond Sector Breakdown

Weighting Return Low Return High AFRAX % Rank
Corporate
95.75% 44.81% 99.51% 16.58%
Securitized
0.26% 0.00% 39.66% 37.82%
Cash & Equivalents
0.09% -1.90% 12.56% 91.19%
Derivative
0.00% -0.10% 9.07% 69.43%
Municipal
0.00% 0.00% 0.15% 72.02%
Government
0.00% 0.00% 6.99% 74.61%

Bond Geographic Breakdown

Weighting Return Low Return High AFRAX % Rank
Non US
49.26% 0.00% 55.32% 4.66%
US
47.41% 33.50% 97.95% 95.34%

AFRAX - Expenses

Operational Fees

AFRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.08% 0.01% 2.99% 46.11%
Management Fee 0.61% 0.00% 1.00% 57.51%
12b-1 Fee 0.25% 0.00% 1.00% 42.96%
Administrative Fee N/A 0.03% 0.40% N/A

Sales Fees

AFRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.50% 0.75% 4.75% 71.74%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AFRAX 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.

AFRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.00% 12.00% 163.00% 38.86%

AFRAX - Distributions

Dividend Yield Analysis

AFRAX Category Low Category High AFRAX % Rank
Dividend Yield 0.34% 0.00% 0.53% 9.84%

Dividend Distribution Analysis

AFRAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

AFRAX Category Low Category High AFRAX % Rank
Net Income Ratio 4.15% 2.34% 5.70% 43.01%

Capital Gain Distribution Analysis

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

AFRAX - Managers

Tenure Analysis

Category Low

0.0

Category High

22.59

Category Average

5.77

Category Mode

1.5

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