GBHYX: Invesco Oppenheimer Global High Yield Fund

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GBHYX Invesco Oppenheimer Global High Yield Fund


Profile

GBHYX - Profile

Vitals

  • YTD Return -2.7%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $33 M
  • Holdings in Top 10 27.7%

52 WEEK LOW AND HIGH

$8.95
$7.27
$9.24

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.84%

SALES FEES

  • Front Load 4.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 127.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -2.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco High Yield Bond Factor Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 24, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Ong

Fund Description

Under normal market conditions, it will invest at least 80% of its net assets (plus any borrowings for investment purposes) in high-yield, below-investment grade, and fixed-income securities (also referred to as "junk" bonds) and in derivatives and other instruments that have economic characteristics similar to such securities. It may purchase securities of any maturity and of issuers of any market capitalization.


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Categories

Performance

GBHYX - Performance

Return Ranking - Trailing

Period GBHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -31.9% 954.3% 97.95%
1 Yr -1.8% -28.2% 951.8% 96.48%
3 Yr N/A* -17.5% 120.9% 18.29%
5 Yr N/A* -8.5% 60.6% 21.10%
10 Yr N/A* -5.2% 14.4% N/A

* Annualized

Return Ranking - Calendar

Period GBHYX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -5.8% 20.3% N/A
2018 N/A -29.6% 4.6% N/A
2017 N/A -6.0% 15.8% N/A
2016 N/A -7.8% 15.0% N/A
2015 N/A -11.6% 3.0% N/A

Total Return Ranking - Trailing

Period GBHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.7% -31.9% 954.3% 97.95%
1 Yr -1.8% -28.2% 951.8% 96.48%
3 Yr N/A* -17.5% 120.9% 16.34%
5 Yr N/A* -8.5% 60.6% 22.48%
10 Yr N/A* -5.2% 16.2% N/A

* Annualized

Total Return Ranking - Calendar

Period GBHYX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -5.8% 20.3% N/A
2018 N/A -29.6% 4.6% N/A
2017 N/A -6.0% 15.8% N/A
2016 N/A -7.8% 15.0% N/A
2015 N/A -9.9% 3.0% N/A

NAV & Total Return History


Holdings

GBHYX - Holdings

Concentration Analysis

GBHYX Category Low Category High GBHYX % Rank
Net Assets 33 M 619 K 88.4 B 95.08%
Number of Holdings 205 1 10083 66.07%
Net Assets in Top 10 4.31 M -202 M 26.9 B 95.63%
Weighting of Top 10 27.65% 2.6% 100.0% 32.29%

Top 10 Holdings

  1. 2 Year Treasury Note Future Sept 20 6.99%
  2. 5 Year Treasury Note Future Sept 20 6.77%
  3. 10 Year Treasury Note Future Sept 20 4.85%
  4. Ultra 10 Year US Treasury Note Future Sept 20 2.00%
  5. Ultra US Treasury Bond Future Sept 20 1.38%
  6. Ford Motor Company 6.62% 1.28%
  7. Olin Corporation 5.62% 1.17%
  8. Occidental Petroleum Corporation 2.9% 1.09%
  9. Occidental Petroleum Corporation 3.12% 1.07%
  10. United States Cellular Corporation 6.7% 1.06%

Asset Allocation

Weighting Return Low Return High GBHYX % Rank
Bonds
101.95% 78.92% 199.79% 8.18%
Convertible Bonds
0.62% 0.00% 9.45% 36.23%
Other
0.02% -9.40% 31.94% 9.89%
Stocks
0.00% -4.99% 21.62% 37.56%
Preferred Stocks
0.00% -0.17% 22.02% 43.26%
Cash
-2.59% -128.23% 19.68% 90.71%

Bond Sector Breakdown

Weighting Return Low Return High GBHYX % Rank
Corporate
85.12% 0.00% 99.00% 3.72%
Government
13.60% -2.21% 99.96% 36.09%
Securitized
0.66% 0.00% 97.53% 48.37%
Cash & Equivalents
0.62% -26.49% 93.17% 83.68%
Derivative
0.00% 0.00% 39.43% 43.13%
Municipal
0.00% 0.00% 100.06% 85.47%

Bond Geographic Breakdown

Weighting Return Low Return High GBHYX % Rank
US
88.91% 49.78% 199.79% 60.23%
Non US
13.04% -12.10% 39.65% 16.09%

Expenses

GBHYX - Expenses

Operational Fees

GBHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.84% 0.01% 34.57% 6.90%
Management Fee 0.37% 0.00% 1.60% 42.82%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

GBHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 0.50% 5.75% 23.90%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

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

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.

GBHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 127.00% 0.00% 496.90% 83.03%

Distributions

GBHYX - Distributions

Dividend Yield Analysis

GBHYX Category Low Category High GBHYX % Rank
Dividend Yield 0.00% 0.00% 3.88% 33.79%

Dividend Distribution Analysis

GBHYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

GBHYX Category Low Category High GBHYX % Rank
Net Income Ratio 5.02% -0.81% 6.02% 0.37%

Capital Gain Distribution Analysis

GBHYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Daily Annually

Dividend Payout History

View More +

Fund Manager Analysis

GBHYX - Fund Manager Analysis

Managers

James Ong


Start Date

Tenure

Tenure Rank

Jun 29, 2020

0.17

0.2%

James Ong is a Senior Macro Strategist and a Derivative Portfolio Manager for Invesco Fixed Income (IFI). Mr. Ong contributes economic and market analysis to the macro research platform, in addition to leading the IFI derivative strategy and overseeing derivatives held in IFI portfolios. Mr. Ong began his investment career in 2001. Prior to joining Invesco in 2014, he was a senior vice president, a senior portfolio manager and a senior trader at Hartford Investment Management Company. Mr. Ong earned his BA degree in economics from Middlebury College. He is a Chartered Financial Analyst® (CFA) charterholder.

Jay Raol


Start Date

Tenure

Tenure Rank

Jun 29, 2020

0.17

0.2%

Jay Raol, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2013.

Noelle Corum


Start Date

Tenure

Tenure Rank

Jun 29, 2020

0.17

0.2%

Noelle Corum, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2010.

Sash Sarangi


Start Date

Tenure

Tenure Rank

Jun 29, 2020

0.17

0.2%

Sash Sarangi, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2018. From 2010 to 2018, he was a Portfolio Manager and Researcher at FDO Partners, an asset management firm.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.3 7.05 0.17