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Morningstar

Invesco Convertible Securities R5 CNSIX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 21.52  /  0.23 %
  • Total Assets 985.9 Mil
  • Adj. Expense Ratio
    0.640%
  • Expense Ratio 0.650%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Convertibles
  • Investment Style Mid Growth
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 1.25%
  • Turnover 45%

USD | NAV as of Jun 08, 2023 | 1-Day Return as of Jun 08, 2023, 10:11 PM GMT+0

Morningstar’s Analysis CNSIX

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

People Pillar

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

This convertible exposure doesn’t always bedazzle but offers glimmers in down markets.

Analyst Chiayi Tsui

Chiayi Tsui

Analyst

Summary

Invesco Convertible Securities boasts a stable team of long-tenured professionals, but a cautious style erodes the strategy’s potential to deliver. It earns a Morningstar Analyst Rating of Neutral across all share classes.

by Chiayi Tsui
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CNSIX

More CNSIX Holdings
  • Current Portfolio Date
  • Equity Holdings 5
  • Bond Holdings 0
  • Other Holdings 108
  • % Assets in Top 10 Holdings 20.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Invesco Shrt-Trm Inv Treasury Instl

2.77
27,447,508
Cash and Equivalents

Invesco Shrt-Trm Inv Gov&Agcy Instl

2.43
24,016,569
Cash and Equivalents

DexCom Inc 0.25%

2.42
23,985,472
Corporate

Microchip Technology Incorporated 0.125%

2.40
23,761,108
Corporate

Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-

2.35
23,243,797
Financial Services

Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-

2.33
23,086,635
Financial Services

Becton, Dickinson and Co PRF PERPETUAL USD 50 - 1/20TH INT Ser B

2.06
20,376,388
Healthcare

NiSource Inc Units

1.85
18,311,381
Utilities

Boston Scientific Corp PRF PERPETUAL USD 100 - Ser A

1.85
18,291,326
Healthcare

Invesco Shrt-Trm Inv Liq Assets Instl

1.78
17,591,328
Cash and Equivalents