Morningstar

Invesco Balanced-Risk Allocation Fund Class A ABRZX

Morningstar Medalist Rating
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Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return $9.97  /  +0.20 %
  • Fund Size $939.9M
  • Adjusted Expense Ratio 1.410%
  • Net Expense Ratio 1.320%
  • Fee Level: Distribution Below Average
  • Share Class Type Front Load
  • Morningstar Category Tactical Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 2.83%
  • Turnover Ratio 19%
NAV and 1-Day Return as of

Morningstar’s Analysis ABRZX

Will ABRZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ABRZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ABRZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ABRZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Rebuilding the team.

Senior Analyst Thomas DeFauw

Thomas DeFauw

Senior Analyst

Summary

A series of recent manager retirements has altered the Invesco Balanced-Risk Allocation team’s composition. While the broader platform remains intact, the loss of several long-tenured decision-makers reduces the depth of experience underpinning the strategy. As a result, we downgrade the People Pillar rating to Average from Above Average.

by Thomas DeFauw
Rated on Published on

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Portfolio Holdings ABRZX

More ABRZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 177.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Invesco Shrt-Trm Inv Trs Oblig Instl

26.36 251M
Corporate

10 Year Treasury Note Future Dec 26

25.26 240M
Government

Invesco Balanced-Risk Commodity Tr - C

24.69 235M
—

10 Year Japanese Government Bond Future Sept 26

23.80 226M
Government

10 Year Government of Canada Bond Future Dec 26

22.90 218M
Government

10 Year Australian Treasury Bond Future Sept 26

21.36 203M
Government

Euro Bund Future Sept 26

20.02 190M
Government

Long Gilt Future Dec 26

17.17 163M
Government

United States Treasury Notes 4.10617%

7.41 71M
Government

United States Treasury Notes 4.15517%

7.41 70M
Government

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