The managers behind Invesco High Yield apply a straightforward and sensible approach, but the team has seen plenty of change. In addition, poor execution over this team's tenure has contributed to subpar results. The strategy's cheapest share classes earn a Morningstar Analyst Rating of Neutral, while its more expensive offering warrants a Negative rating.
Will HYINX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
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.
The Parent Pillar is our rating of HYINX’s parent organization’s priorities and whether they’re in line with investors’ interests.