Lead portfolio manager Scott Roberts' upcoming departure, effective May 31, 2021, does not impact the current ratings on Invesco High Yield; the strategy maintains its People Pillar rating of Average. Roberts has been with Invesco for over 20 years, having joined as a high-yield analyst in 2000, and was named here in June 2010. He will be replaced by Rahim Shad, who is currently a portfolio manager on the high-yield team. Shad has been with Invesco since 2009. He joined the firm as a fixed-income research generalist and moved to the high-yield research team as an analyst in 2010. The supporting team of dedicated high-yield analysts is sufficient for this mandate, though the group has seen turnover in recent years.
Invesco High Yield Investor HYINX
NAV / 1-Day Return
4.00
/
0.01
%
Total Assets
940.5 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.020%
Expense Ratio
1.020%
Fee Level
High
Longest Manager Tenure
0.69
years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
1,000
Status
Limited
TTM Yield
5.46%
Effective Duration
4.02
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HYINX 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 HYINX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HYINX 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 HYINX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Upcoming Manager Departure Does Not Impact Ratings on Invesco High Yield
