Mutual Funds

Invesco Floating Rate Fund

Alternatives | Bank Loans

Senior Standing

A strategy that seeks to provide a high level of current income and capital appreciation by investing in senior loans made to corporations (usually rated below investment grade) by large banks and other financial institutions.

Risk is relative   The impact of interest rates   Low correlation
For senior loans, interest rates and income are variable and their prices are less sensitive to interest rate changes than fixed income bonds. In general, senior loans have very short duration and the coupon or interest rates are usually adjusted every 30 to 90 days.   Senior loans pay interest at a spread over a floating base rate (Libor). This floating interest rate allows yields on senior loans to increase in periods of rising rates and decrease in periods of declining rates, unlike traditional fixed income.   Senior loans have historically had low correlation with other types of fixed income investments as well as equities. Incorporating senior loan funds in portfolios may complement other fixed income holdings and help mitigate volatility in rising interest rate environments.

Objective & Strategy

The fund seeks total return, comprised of current income and capital appreciation by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in senior secured floating rate loans made by banks and other financial institutions and in senior secured floating rate debt instruments.

as of 03/31/2015

Morningstar Rating

Overall Rating - Bank Loan Category

As of 03/31/2015 the Fund had an overall rating of 3 stars out of 193 funds and was rated 3 stars out of 193 funds, 3 stars out of 124 funds and 3 stars out of 49 funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effect of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable. ©2015 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. A fund is eligible for a Morningstar Rating three years after inception. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Ratings for other share classes may differ due to different performance characteristics.

Management team

as of 03/31/2015

Top Fixed-Income Holdings | View all

Holding Name Coupon % Bond Maturity Date % of Total Assets
Asurion LLC 2.53
First Data Corporation 2.06
Clear Channel Communications, Inc. 1.94
Delta 2 (LUX) S.a.r.l. 1.54
Burger King Corporation 1.49
Level 3 Financing Inc. 1.49
Federal-Mogul Holdings Corporation 1.41
Avaya, Inc. 1.39
Scientific Games International, Inc. 1.39
Realogy Corporation 1.33

Holdings are subject to change and are not buy/sell recommendations.

as of 03/31/2015 03/31/2015

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 05/01/1997 N/A 4.25 1.93 1.88 4.93 5.08 3.91
Load 05/01/1997 2.50 4.10 -0.64 -0.61 4.04 4.54 3.65
Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares.

Performance shown at NAV does not include applicable front-end or CDSC sales charges, which would have reduced the performance.

Had fees not been waived and/or expenses reimbursed currently or in the past, returns would have been lower.

as of 03/31/2015 03/31/2015

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
CS Leveraged Loan IX TR 0.39 2.07 2.83 5.36 5.36 4.75
Barclays US Aggregate TR 0.46 1.61 5.72 3.10 4.41 4.93
CS Leveraged Loan IX TR 0.39 2.07 2.83 5.36 5.36 4.75
Barclays US Aggregate TR 0.46 1.61 5.72 3.10 4.41 4.93

Source: Bloomberg LP

Source: FactSet Research Systems Inc.

An investment cannot be made directly in an index.

Expense Ratio per Prospectus

Management Fee 0.61
12b-1 Fee 0.25
Other Expenses 0.16
Interest/Dividend Exp 0.02
Total Other Expenses 0.18
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) 0.01
Total Annual Fund Operating Expenses 1.05
Contractual Waivers/Reimbursements -0.01
Net Expenses - PER PROSPECTUS 1.04
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 1.04
This information is updated per the most recent prospectus.

Historical Prices

From   to
No history records found for this date range

Distributions

From   to
    Capital Gains Reinvestment
Price ($)
Ex-Date Income Short Term Long Term
03/31/2015 0.0303 N/A N/A 7.78
02/28/2015 0.0277 N/A N/A 7.78
01/31/2015 0.0307 N/A N/A 7.69
12/31/2014 0.0320 N/A N/A 7.72
11/30/2014 0.0291 N/A N/A 7.86
10/31/2014 0.0302 N/A N/A 7.86
09/30/2014 0.0294 N/A N/A 7.86
08/31/2014 0.0295 N/A N/A 7.95
07/31/2014 0.0289 N/A N/A 7.95
06/30/2014 0.0265 N/A N/A 7.99
05/31/2014 0.0264 N/A N/A 7.97
04/30/2014 0.0262 N/A N/A 7.96
03/31/2014 0.0281 N/A N/A 7.98
02/28/2014 0.0251 N/A N/A 7.98
01/31/2014 0.0290 N/A N/A 8.01
12/31/2013 0.0264 N/A N/A 7.99
11/30/2013 0.0254 N/A N/A 7.97
10/31/2013 0.0267 N/A N/A 7.96
09/30/2013 0.0279 N/A N/A 7.92
08/31/2013 0.0270 N/A N/A 7.94
07/31/2013 0.0259 N/A N/A 7.97
06/30/2013 0.0259 N/A N/A 7.91
05/31/2013 0.0289 N/A N/A 8.00
04/30/2013 0.0288 N/A N/A 8.01
03/31/2013 0.0324 N/A N/A 7.98
02/28/2013 0.0288 N/A N/A 7.94
01/31/2013 0.0317 N/A N/A 7.94
12/31/2012 0.0334 N/A N/A 7.87
11/30/2012 0.0327 N/A N/A 7.85
10/31/2012 0.0346 N/A N/A 7.84
09/30/2012 0.0326 N/A N/A 7.82
08/31/2012 0.0327 N/A N/A 7.77
07/31/2012 0.0321 N/A N/A 7.72
06/30/2012 0.0319 N/A N/A 7.67
05/31/2012 0.0322 N/A N/A 7.639
04/30/2012 0.0308 N/A N/A 7.726
03/31/2012 0.0318 N/A N/A 7.696
02/29/2012 0.0295 N/A N/A 7.674
01/31/2012 0.0306 N/A N/A 7.648
12/31/2011 0.0297 N/A N/A 7.512
11/30/2011 0.0276 N/A N/A 7.484
10/31/2011 0.0289 N/A N/A 7.547
09/30/2011 0.0284 N/A N/A 7.356
08/31/2011 0.0309 N/A N/A 7.356
07/31/2011 0.0299 N/A N/A 7.742
06/30/2011 0.0290 N/A N/A 7.758
05/31/2011 0.0304 N/A N/A 7.821
04/30/2011 0.0297 N/A N/A 7.851
03/31/2011 0.0311 N/A N/A 7.832
02/28/2011 0.0261 N/A N/A 7.858
01/31/2011 0.0281 N/A N/A 7.852
12/31/2010 0.0281 N/A N/A 7.74
11/30/2010 0.0274 N/A N/A 7.658
10/31/2010 0.0288 N/A N/A 7.657
09/30/2010 0.0292 N/A N/A 7.554
08/31/2010 0.0333 N/A N/A 7.474
07/31/2010 0.0332 N/A N/A 7.472
06/30/2010 0.0306 N/A N/A 7.367
05/31/2010 0.0308 N/A N/A 7.451
04/30/2010 0.0277 N/A N/A 7.675
03/31/2010 0.0311 N/A N/A 7.623
02/28/2010 0.0299 N/A N/A 7.477
01/31/2010 0.0367 N/A N/A 7.486
12/31/2009 0.0398 N/A N/A 7.343
11/30/2009 0.0400 N/A N/A 7.176
10/31/2009 0.0388 N/A N/A 7.196
09/30/2009 0.0337 N/A N/A 7.25
08/31/2009 0.0330 N/A N/A 7.087
07/31/2009 0.0324 N/A N/A 6.966
06/30/2009 0.0305 N/A N/A 6.748
05/31/2009 0.0291 N/A N/A 6.485
04/30/2009 0.0333 N/A N/A 6.172
03/31/2009 0.0336 N/A N/A 5.74
02/28/2009 0.0279 N/A N/A 5.70
01/31/2009 0.0350 N/A N/A 5.692
12/31/2008 0.0429 N/A N/A 5.30
11/30/2008 0.0442 N/A N/A 5.703
10/31/2008 0.0467 N/A N/A 6.277
09/30/2008 0.0363 N/A N/A 7.449
08/31/2008 0.0368 N/A N/A 7.989
07/31/2008 0.0339 N/A N/A 8.04
06/30/2008 0.0338 N/A N/A 8.163
05/31/2008 0.0368 N/A N/A 8.167
04/30/2008 0.0368 N/A N/A 8.064
03/31/2008 0.0452 N/A N/A 7.821
02/29/2008 0.0433 N/A N/A 7.874
01/31/2008 0.0512 N/A N/A 8.193
12/31/2007 0.0520 N/A N/A 8.567
11/30/2007 0.0495 N/A N/A 8.602
10/31/2007 0.0543 N/A N/A 8.779
09/30/2007 0.0535 N/A N/A 8.755
08/31/2007 0.0524 N/A N/A 8.665
07/31/2007 0.0496 N/A N/A 8.696
06/30/2007 0.0485 N/A N/A 9.076
05/31/2007 0.0526 N/A N/A 9.115
04/30/2007 0.0494 N/A N/A 9.113
03/31/2007 0.0497 N/A N/A 9.109
02/28/2007 0.0454 N/A N/A 9.127
01/31/2007 0.0523 N/A N/A 9.105
12/31/2006 0.0530 N/A N/A 9.087
11/30/2006 0.0499 N/A N/A 9.083
10/31/2006 0.0507 N/A N/A 9.067
09/30/2006 0.0483 N/A N/A 9.052
08/31/2006 0.0510 N/A N/A 9.061
07/31/2006 0.0512 N/A N/A 9.058
06/30/2006 0.0467 N/A N/A 9.063
05/31/2006 0.0468 N/A N/A 9.096
04/30/2006 0.0452 N/A N/A 9.11
03/31/2006 0.0441 N/A N/A 9.105
02/28/2006 0.0380 N/A N/A 9.075
01/31/2006 0.0420 N/A N/A 9.05
12/31/2005 0.0415 N/A N/A 9.041
11/30/2005 0.0389 N/A N/A 9.034
10/31/2005 0.0392 N/A N/A 9.037
09/30/2005 0.0355 N/A N/A 9.054
08/31/2005 0.0350 N/A N/A 9.057
07/31/2005 0.0369 N/A N/A 9.026
06/30/2005 0.0350 N/A N/A 9.00
05/31/2005 0.0351 N/A N/A 8.977
04/30/2005 0.0329 N/A N/A 9.03
03/31/2005 0.0325 N/A N/A 9.059
02/28/2005 0.0282 N/A N/A 9.071
01/31/2005 0.0308 N/A N/A 9.026
12/31/2004 0.0300 N/A N/A 9.019
11/30/2004 0.0270 N/A N/A 9.018
10/31/2004 0.0272 N/A N/A 8.993
09/30/2004 0.0264 N/A N/A 8.975
08/31/2004 0.0255 N/A N/A 8.89
07/31/2004 0.0213 N/A N/A 8.895
06/30/2004 0.0174 N/A N/A 8.875
05/31/2004 0.0222 N/A N/A 8.85
04/30/2004 0.0232 N/A N/A 8.863
03/31/2004 0.0253 N/A N/A 8.831
02/29/2004 0.0254 N/A N/A 8.839
01/31/2004 0.0286 N/A N/A 8.818
12/31/2003 0.0240 N/A N/A 8.772
11/30/2003 0.0255 N/A N/A 8.77
10/31/2003 0.0261 N/A N/A 8.74
09/30/2003 0.0247 N/A N/A 8.735
08/31/2003 0.0266 N/A N/A 8.697
07/31/2003 0.0314 N/A N/A 8.716
06/30/2003 0.0301 N/A N/A 8.70
05/31/2003 0.0235 N/A N/A 8.654
04/30/2003 0.0209 N/A N/A 8.594
03/31/2003 0.0305 N/A N/A 8.509
02/28/2003 0.0258 N/A N/A 8.542
01/31/2003 0.0314 N/A N/A 8.543
12/31/2002 0.0316 N/A N/A 8.50
11/30/2002 0.0285 N/A N/A 8.455
10/31/2002 0.0322 N/A N/A 8.476
09/30/2002 0.0320 N/A N/A 8.59
08/31/2002 0.0329 N/A N/A 8.606
07/31/2002 0.0326 N/A N/A 8.678
06/30/2002 0.0325 N/A N/A 8.779
05/31/2002 0.0345 N/A N/A 8.788
04/30/2002 0.0314 N/A N/A 8.788
03/31/2002 0.0313 N/A N/A 8.746
02/28/2002 0.0272 N/A N/A 8.677
01/31/2002 0.0303 N/A N/A 8.693
12/31/2001 0.0343 N/A N/A 8.645
11/30/2001 0.0368 N/A N/A 8.682
10/31/2001 0.0409 N/A N/A 8.74
09/30/2001 0.0449 N/A N/A 8.919
08/31/2001 0.0482 N/A N/A 9.002
07/31/2001 0.0489 N/A N/A 9.034
06/30/2001 0.0485 N/A N/A 9.089
05/31/2001 0.0526 N/A N/A 9.108
04/30/2001 0.0563 N/A N/A 9.17
03/31/2001 0.0614 N/A N/A 9.261
02/28/2001 0.0578 N/A N/A 9.349
01/31/2001 0.0706 N/A N/A 9.32
12/31/2000 0.0713 N/A N/A 9.369
11/30/2000 0.0650 N/A N/A 9.407
10/31/2000 0.0665 N/A N/A 9.446
09/30/2000 0.0653 N/A N/A 9.496
08/31/2000 0.0677 N/A N/A 9.536
07/31/2000 0.0701 N/A N/A 9.548
06/30/2000 0.0657 N/A N/A 9.58
05/31/2000 0.0682 N/A N/A 9.581
04/30/2000 0.0606 N/A N/A 9.607
03/31/2000 0.0615 N/A N/A 9.626
02/29/2000 0.0583 N/A N/A 9.667
01/31/2000 0.0616 N/A N/A 9.676
12/31/1999 0.0659 N/A N/A 9.68
12/17/1999 N/A N/A 0.0005 9.687
11/30/1999 0.0571 N/A N/A 9.701
10/31/1999 0.0587 N/A N/A 9.726
09/30/1999 0.0577 N/A N/A 9.746
08/31/1999 0.0608 N/A N/A 9.775
07/31/1999 0.0605 N/A N/A 9.816
06/30/1999 0.0546 N/A N/A 9.817
05/31/1999 0.0577 N/A N/A 9.819
04/30/1999 0.0544 N/A N/A 9.821
03/31/1999 0.0542 N/A N/A 9.83
02/28/1999 0.0488 N/A N/A 9.83
01/31/1999 0.0548 N/A N/A 9.85
12/31/1998 0.0545 N/A N/A 9.84
11/30/1998 0.0534 N/A N/A 9.82
10/31/1998 0.0574 N/A N/A 9.85
09/30/1998 0.0567 N/A N/A 9.89
08/31/1998 0.0605 N/A N/A 10.00
07/31/1998 0.0631 N/A N/A 10.00
06/30/1998 0.0567 N/A N/A 10.00
05/31/1998 0.0574 0.0000 0.0000 10.00
04/30/1998 0.0563 N/A N/A 10.01
03/31/1998 0.0592 N/A N/A 10.01
02/28/1998 0.0541 N/A N/A 10.02
01/31/1998 0.0630 0.0000 0.0000 10.02
12/31/1997 0.0620 0.0000 0.0000 10.02
11/30/1997 0.0592 0.0000 0.0000 10.02
10/31/1997 0.0620 0.0000 0.0000 10.02
09/30/1997 0.0607 0.0000 0.0000 10.01
08/31/1997 0.0637 0.0000 0.0000 10.01
07/31/1997 0.0640 N/A N/A 10.00
06/30/1997 0.0609 N/A N/A 10.00
05/31/1997 0.0636 N/A N/A 10.00
as of 03/31/2015

Fund Characteristics

3-Year Alpha -1.22%
3-Year Beta 1.16
3-Year R-Squared 0.97
3-Year Sharpe Ratio 2.29
3-Year Standard Deviation 2.14
Number of Securities 599
Total Assets $2,389,054,822.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  CS Leveraged Loan IX TR

as of 03/31/2015

Top Fixed-Income Holdings | View all

Holding Name Coupon % Bond Maturity Date % of Total Assets
Asurion LLC 2.53
First Data Corporation 2.06
Clear Channel Communications, Inc. 1.94
Delta 2 (LUX) S.a.r.l. 1.54
Burger King Corporation 1.49
Level 3 Financing Inc. 1.49
Federal-Mogul Holdings Corporation 1.41
Avaya, Inc. 1.39
Scientific Games International, Inc. 1.39
Realogy Corporation 1.33

Holdings are subject to change and are not buy/sell recommendations.

as of 03/31/2015

Top Industries

  % of Total Assets
Healthcare 8.81
Information Technology 8.44
Service 7.19
Retail 7.18
Food/Tobacco 5.89
Energy 5.78
Diversified Media 5.04
Transportation 4.73
Gaming/Leisure 4.08
Manufacturing 3.86

The holdings are organized to mirror the Credit Suisse High Yield Bond Index industry classifications. These classifications are the exclusive property and service mark of Credit Suisse AG.

 About risk

Borrowing Risk. Borrowing money to buy securities exposes the Fund to leverage because the Fund can achieve a return on a capital base larger than the assets that shareholders have contributed to the Fund. Borrowing may cause the Fund to be more volatile because it may exaggerate the effect of any increase or decrease in the value of the Fund's portfolio securities. Borrowing may also cause the Fund to liquidate positions when it may not be advantageous to do so. In addition, borrowing will cause the Fund to incur interest expenses and other fees. There can be no assurance that the Fund borrowing strategy will be successful.

Changing Fixed Income Market Conditions Risk. The current historically low interest rate environment was created in part by the Federal Reserve Board (FRB) and certain foreign central banks keeping the federal funds and equivalent foreign rates at or near zero. There is a risk that interest rates will rise when the FRB and central banks raise these rates. This risk is heightened due to the "tapering" of the FRB's quantitative easing program and other similar foreign central bank actions. This tapering and eventual increase in the federal funds and equivalent foreign rates may expose fixed income markets to heightened volatility and reduced liquidity for certain fixed income investments, particularly those with longer maturities. In addition, decreases in fixed income dealer market-making capacity may also potentially lead to heightened volatility and reduced liquidity in the fixed income markets. As a result, the value of the Fund's investments and share price may decline. Changes in central bank policies could also result in higher than normal shareholder redemptions, which could potentially increase portfolio turnover and the Fund's transaction costs.

Collateralized Loan Obligations Risk. In addition to the normal interest rate, default and other risks of fixed income securities, collateralized loan obligations carry additional risks, including the possibility that distributions from collateral securities will not be adequate to make interest or other payments, the quality of the collateral may decline in value or default, the Fund may invest in collateralized loan obligations that are subordinate to other classes, values may be volatile, and disputes with the issuer may produce unexpected investment results.

Credit Linked Notes Risk. Risks of credit linked notes include those risks associated with the underlying reference obligation including but not limited to market risk, interest rate risk, credit risk, default risk and foreign currency risk. In the case of a credit linked note created with credit default swaps, the structure will be "funded" such that the par amount of the security will represent the maximum loss that could be incurred on the investment and no leverage is introduced. An investor in a credit linked note bears counterparty risk or the risk that the issuer of the credit linked note will default or become bankrupt and not make timely payment of principal and interest of the structured security.

Credit Risk. The issuer of instruments in which the Fund invests may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer's credit rating. Even in the case of collateralized debt obligations, there is no assurance that the sale of collateral would raise enough cash to satisfy an issuer's payment obligations or that the collateral can or will be liquidated.

Defaulted Securities Risk. Defaulted securities involve the substantial risk that principal will not be repaid. Defaulted securities and any securities received in an exchange for such securities may be subject to restrictions on resale.

Derivatives Risk. The value of a derivative instrument depends largely on (and is derived from) the value of an underlying security, currency, commodity, interest rate, index or other asset (each referred to as an underlying asset). In addition to risks relating to the underlying assets, the use of derivatives may include other, possibly greater, risks, including counterparty, leverage and liquidity risks. Counterparty risk is the risk that the counterparty to the derivative contract will default on its obligation to pay the Fund the amount owed or otherwise perform under the derivative contract. Derivatives create leverage risk because they do not require payment up front equal to the economic exposure created by owning the derivative. As a result, an adverse change in the value of the underlying asset could result in the Fund sustaining a loss that is substantially greater than the amount invested in the derivative, which may make the Fund's returns more volatile and increase the risk of loss. Derivative instruments may also be less liquid than more traditional investments and the Fund may be unable to sell or close out its derivative positions at a desirable time or price. This risk may be more acute under adverse market conditions, during which the Fund may be most in need of liquidating its derivative positions. Derivatives may also be harder to value, less tax efficient and subject to changing government regulation that could impact the Fund's ability to use certain derivatives or their cost. Also, derivatives used for hedging or to gain or limit exposure to a particular market segment may not provide the expected benefits, particularly during adverse market conditions.

Floating Rate Risk. The Fund may invest in floating rate loans and debt securities that require collateral. There is a risk that the value of the collateral may not be sufficient to cover the amount owed, collateral securing a loan may be found invalid, and collateral may be used to pay other outstanding obligations of the borrower under applicable law or may be difficult to sell. There is also the risk that the collateral may be difficult to liquidate, or that a majority of the collateral may be illiquid.

Foreign Securities Risk. The Fund's foreign investments may be affected by changes in a foreign country's exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.

High Yield Bond (Junk Bond) Risk. Junk bonds involve a greater risk of default or price changes due to changes in the credit quality of the issuer. The values of junk bonds fluctuate more than those of high-quality bonds in response to company, political, regulatory or economic developments. Values of junk bonds can decline significantly over short periods of time.

Industry Focus Risk. To the extent a Fund invests in securities issued or guaranteed by companies in the banking and financial services industries, the Fund's performance will depend on the overall condition of those industries, which may be affected by the following factors: the supply of short-term financing, changes in government regulation and interest rates, and the overall economy.

Interest Rate Risk. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise; conversely, bond prices generally rise as interest rates fall. Specific bonds differ in their sensitivity to changes in interest rates depending on their individual characteristics, including duration.

Liquidity Risk. The Fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities. The majority of the Fund's assets are likely to be invested in loans and securities that are less liquid than those traded on national exchanges. The risks of illiquidity are particularly important when the Fund's operations require cash, and may in certain circumstances require that the Fund borrow to meet short-term cash requirements. Illiquid securities are also difficult to value. In the event the Fund voluntarily or involuntarily liquidates portfolio assets during periods of infrequent trading, it may not receive full value for those assets.

Management Risk. The investment techniques and risk analysis used by the Fund's portfolio managers may not produce the desired results.

Market Risk. The prices of and the income generated by the Fund's securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.

Prepayment Risk. An issuer's ability to prepay principal on a loan or debt security prior to maturity can limit the Fund's potential gains. Prepayments may require the Fund to replace the loan or debt security with a lower yielding security, adversely affecting the Fund's yield.

as of 04/24/2015

AFRAX

NAV Change ($)
$7.82 0.01
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.
as of 04/24/2015

Yield 

  • Distribution Yield
    with Sales Charge 4.53%
  • Distribution Yield
    without Sales Charge 4.65%
  • SEC 30-Day Yield 4.12%
  • Unsub. 30-Day Yield N/A

Fund Details

  • Distribution Frequency Monthly
  • NASDAQ AFRAX
  • WSJ Abrev. N/A
  • CUSIP 00141A867
  • Fund Type Fixed Income
  • Geography Type Domestic
  • Inception Date 05/01/1997
  • Fiscal Year End 08/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1595
  • Tax ID 94-3259182

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