Advertisement
Skip to Content
Morningstar

Invesco Floating Rate ESG R AFRRX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 6.77  /  0.19 %
  • Total Assets 3.2 Bil
  • Adj. Expense Ratio
    1.290%
  • Expense Ratio 1.310%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.61%
  • Effective Duration 0.11 years

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:09 PM GMT+00:00

Morningstar’s Analysis AFRRX

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

People Pillar

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

An experienced team manages this ESG mandate.

Analyst

Summary

| by Thomas Murphy

Invesco Floating Rate ESG’s process has yet to give this strategy an edge over its bank-loan competitors, but the portfolio management team is experienced, stable, and supported by one of the largest bank-loan groups in the industry. All share classes receive a Morningstar Analyst Rating of Neutral.

Unlock our full analysis with Morningstar Investor