Morningstar

Invesco Floating Rate ESG A AFRAX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 6.71  /  +0.07 %
  • Total Assets 2.6 Bil
  • Adj. Expense Ratio
    1.050%
  • Expense Ratio 1.100%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 9.24%
  • Effective Duration 0.11 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis AFRAX

Will AFRAX 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 AFRAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

An ESG bank-loan strategy worth a look.

Senior Analyst Tom Murphy

Tom Murphy

Senior Analyst

Summary

Invesco Floating Rate ESG’s investment talent, risk management framework, and results warrant a Process upgrade to Above Average from Average.

by Tom Murphy
Rated on Published on

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Portfolio Holdings AFRAX

More AFRAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Stit Treasury Portfolio Invesc

1.07 29.5 Mil
Cash and Equivalents

Monitronics International Inc. 2023 Exit Term Loan

0.97 26.6 Mil
Corporate

Us Dollar

0.96 26.4 Mil
Cash and Equivalents

Spin Holdco Inc. 2021 Term Loan

0.91 25.0 Mil
Corporate

V Global Holdings Llc Term Loan

0.77 21.1 Mil
Corporate

Virgin Media Bristol LLC 2020 USD Term Loan Q

0.73 20.2 Mil
Corporate

Summer (Bc) Holdco B S.A R.L Usd Revolver

0.71 19.4 Mil
Corporate

UPC Financing Partnership 2021 USD Term Loan AX

0.69 18.9 Mil
Corporate

Newlife Forest Restorations Class A Equity

0.67 18.5 Mil
—

Robertshaw Us Holding Corp 2023 Pik First Out New Money Term Loan

0.65 17.9 Mil
Corporate

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