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Invesco Floating Rate ESG C AFRCX

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Invesco Floating Rate Fund's Name and Mandate Goes Green; Ratings Maintained

Analyst Note

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Effective Aug. 4, 2020, Invesco Floating Rate will be renamed Invesco Floating Rate ESG. As part of the name change, the strategy’s mandate will incorporate environmental, societal, and governance factors into the team’s decision-making process. Invesco’s portfolio management and research teams will apply proprietary tools to help identify and analyze issuers based on certain ESG metrics. Despite the mandate change, the impact to the portfolio’s composition is expected to be minimal. The strategy’s Process Pillar rating will remain at Average while all of its share classes retain their Morningstar Analyst Rating of Neutral.

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