Invesco Oppenheimer Senior Floating Rate has a new lead manager, but its portfolio still reflects the poor decisions that led to its current performance slide. It earns a Morningstar Analyst Rating of Neutral across most share classes, while its more expensive R and C share classes earn a Negative rating.
Will OOSYX 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 OOSYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the OOSYX 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 OOSYX’s parent organization’s priorities and whether they’re in line with investors’ interests.