IOTEX: Invesco Oppenheimer Intermediate Income Fund

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IOTEX Invesco Oppenheimer Intermediate Income Fund


Profile

IOTEX - Profile

Vitals

  • YTD Return 4.5%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $198 M
  • Holdings in Top 10 66.4%

52 WEEK LOW AND HIGH

$11.49
$10.40
$11.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 64.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Intermediate 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
    Noelle Corum

Fund Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in debt securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The kinds of debt securities in which it can invest include investment grade U.S. corporate and government debt obligations, as well as mortgage-backed, commercial mortgage-backed and asset-backed securities. The fund will only purchase investment grade debt securities.


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Categories

Performance

IOTEX - Performance

Return Ranking - Trailing

Period IOTEX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -31.9% 954.9% 28.05%
1 Yr 4.5% -28.2% 948.2% 24.39%
3 Yr N/A* -18.4% 120.9% 5.23%
5 Yr N/A* -9.1% 60.6% 4.91%
10 Yr N/A* -5.2% 14.4% N/A

* Annualized

Return Ranking - Calendar

Period IOTEX 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 IOTEX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -31.9% 954.9% 28.05%
1 Yr 4.5% -28.2% 948.2% 24.25%
3 Yr N/A* -18.4% 120.9% 5.11%
5 Yr N/A* -9.1% 60.6% 4.73%
10 Yr N/A* -5.2% 16.1% N/A

* Annualized

Total Return Ranking - Calendar

Period IOTEX 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

IOTEX - Holdings

Concentration Analysis

IOTEX Category Low Category High IOTEX % Rank
Net Assets 198 M 619 K 88.4 B 71.32%
Number of Holdings 427 1 10083 39.89%
Net Assets in Top 10 70 M -202 M 26.9 B 58.73%
Weighting of Top 10 66.43% 2.6% 100.0% 7.98%

Top 10 Holdings

  1. United States Treasury Notes 1.12% 10.32%
  2. United States Treasury Notes 1.5% 8.87%
  3. Federal National Mortgage Association 2.5% 8.28%
  4. 5 Year Treasury Note Future Sept 20 8.00%
  5. Ultra US Treasury Bond Future Sept 20 7.38%
  6. 10 Year Treasury Note Future Sept 20 7.28%
  7. United States Treasury Notes 1.38% 5.55%
  8. Government National Mortgage Association 3% 4.45%
  9. US Treasury Bond Future Sept 20 3.85%
  10. United States Treasury Notes 1.5% 2.46%

Asset Allocation

Weighting Return Low Return High IOTEX % Rank
Bonds
103.74% 78.92% 199.79% 6.71%
Convertible Bonds
3.56% 0.00% 9.45% 5.51%
Preferred Stocks
0.15% -0.17% 22.02% 11.03%
Stocks
0.00% -4.99% 21.62% 25.09%
Other
0.00% -9.30% 31.94% 23.71%
Cash
-7.45% -128.23% 19.68% 93.43%

Bond Sector Breakdown

Weighting Return Low Return High IOTEX % Rank
Corporate
39.95% 0.00% 99.00% 23.30%
Government
34.98% -2.21% 99.96% 13.19%
Securitized
21.76% 0.00% 97.53% 33.27%
Derivative
2.69% 0.00% 39.43% 5.06%
Cash & Equivalents
0.63% -26.49% 93.17% 83.55%
Municipal
0.00% 0.00% 100.06% 83.18%

Bond Geographic Breakdown

Weighting Return Low Return High IOTEX % Rank
US
93.99% 49.78% 199.79% 40.12%
Non US
9.75% -12.10% 39.65% 29.18%

Expenses

IOTEX - Expenses

Operational Fees

IOTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.01% 34.57% 67.39%
Management Fee 0.25% 0.00% 1.60% 10.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

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

Trading Fees

IOTEX 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.

IOTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 64.00% 0.00% 496.90% 62.42%

Distributions

IOTEX - Distributions

Dividend Yield Analysis

IOTEX Category Low Category High IOTEX % Rank
Dividend Yield 0.00% 0.00% 3.89% 21.09%

Dividend Distribution Analysis

IOTEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

IOTEX Category Low Category High IOTEX % Rank
Net Income Ratio 3.09% -0.81% 6.02% 15.49%

Capital Gain Distribution Analysis

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

Dividend Payout History

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Fund Manager Analysis

IOTEX - Fund Manager Analysis

Managers

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.

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.

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.

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.

Tenure Analysis

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