Invesco Core Bond (formerly Invesco Oppenheimer Total Return Bond) is managed by experienced leaders with support from robust resources. The strategy is now managed through the same structured and consistent process executed successfully across other taxable fixed-income offerings in this team’s purview; the strategy earns an upgrade to its Process Pillar rating from Average to Above Average. This leads to a Morningstar Analyst Rating upgrade on the strategy’s cheaper share classes from Neutral to Bronze, while its more-expensive share classes continue to receive Neutral and Negative ratings.
Invesco Core Bond C OPBCX
NAV / 1-Day Return
6.97
/
0.00
%
Total Assets
2.0 Bil
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.
1.460%
Expense Ratio
1.460%
Fee Level
Below Average
Longest Manager Tenure
2.12
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
1,000
Status
Open
TTM Yield
0.66%
Effective Duration
6.21
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 OPBCX 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 OPBCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the OPBCX 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 OPBCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
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