Morningstar

Invesco Core Bond Fund Class R5 TRTMX

Morningstar Medalist Rating
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Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return $5.43  /  −0.18 %
  • Fund Size $2.8B
  • Adjusted Expense Ratio 0.400%
  • Net Expense Ratio 0.370%
  • Fee Level: Distribution Average
  • Share Class Type Retirement, Large
  • Morningstar Category Intermediate Core Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1M
  • Investment Status Limited
  • TTM Yield 4.60%
  • Average Effective Duration 5.94 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis TRTMX

Will TRTMX outperform in the 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 TRTMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

A riskier core bond approach worth the ride.

Associate Analyst Joe Bullard

Joe Bullard

Associate Analyst

Summary

Invesco Core Bond's recent process tweaks are worth monitoring, but its seasoned management team sticks to a repeatable yet flexible approach that has delivered strong long-term results.

by Joe Bullard
Rated on Published on

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Portfolio Holdings TRTMX

More TRTMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Invesco Shrt-Trm Inv Treasury Instl

4.78 135M
Cash and Equivalents

United States Treasury Bonds 5%

4.38 124M
Government

2 Year Treasury Note Future Dec 26

4.25 120M
Government

United States Treasury Notes 4.625%

4.17 118M
Government

Government National Mortgage Association 2.5%

3.52 100M
Securitized

United States Treasury Notes 4.125%

3.30 93M
Government

US Treasury Bond Future Dec 26

3.28 93M
Government

Invesco Shrt-Trm Inv Gov&Agcy Instl

2.61 74M
Cash and Equivalents

10 Year Treasury Note Future Dec 26

2.53 72M
Government

Ultra US Treasury Bond Future Dec 26

2.38 67M
Government

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