3 / 5 Stars
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 43 Bank Loan Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 11.40 percent over the past year, 7.54 percent over the past three years, 3.76 percent over the past five years, and 3.81 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||4.6%|
|3 Years (Annualized)||7.5%|
|5 Years (Annualized)||3.8%|
|10 Years (Annualized)||3.8%|
The investment seeks to provide a high level of current income, consistent with preservation of capital. Under normal market conditions, the fund's investment adviser seeks to achieve the fund's investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in adjustable rate senior loans ("Senior Loans"). Senior Loans are business loans made to borrowers that may be corporations, partnerships or other entities ("Borrowers"). These Borrowers operate in a variety of industries and geographic regions.
Fees are Low compared to funds in the same category.
Invesco Senior Loan has an expense ratio of 2.22 percent.
Risk is High compared to funds in the same category according to Morningstar.