Morningstar

Invesco Floating Rate ESG Fund Class R5 AFRIX

Morningstar Medalist Rating
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Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return $6.17  /  0.00
  • Fund Size $1.7B
  • Adjusted Expense Ratio 0.880%
  • Net Expense Ratio 0.880%
  • Fee Level: Distribution High
  • Share Class Type Retirement, Large
  • Morningstar Category Bank Loan
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $1M
  • Investment Status Limited
  • TTM Yield 7.69%
  • Average Effective Duration 0.11 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis AFRIX

Will AFRIX 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 AFRIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AFRIX 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 AFRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Credit missteps temper our conviction in an established team.

Associate Analyst Joe Bullard

Joe Bullard

Associate Analyst

Summary

Inconsistent execution of Invesco Floating Rate ESG's prudent but constrained investment approach drove a Process rating downgrade to Average from Above Average.

by Joe Bullard
Rated on Published on

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Portfolio Holdings AFRIX

More AFRIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Monitronics International Inc Ordinary Shares

1.26 23M
Industrials

Us Dollar

1.17 21M
Cash and Equivalents

V Global Holdings LLC Term Loan

1.14 21M
Corporate

Spin Holdco Inc. 2026 First Lien Second Out Term Loan

1.05 19M
Corporate

My Alarm Class A Units My Alarm Equity Lx196022

1.02 19M
—

Monitronics International Inc. 2023 Exit Term Loan

0.97 18M
Corporate

Empire Today Llc(Class A Commo

0.88 16M
Corporate

Mln Us Holdco Llc 2025 Pik Exit Term Loan A2

0.86 16M
Corporate

Stit Treasury Portfolio Invesc

0.84 15M
—

Mitel

0.79 15M
Corporate

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