Fact sheet: Invesco US Hg Yld Bd

Fund information
Fund name
Invesco US High Yield Bond C Annual Dis USD
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Darren Hughessince 01/08/2012
  • Scott Robertssince 01/08/2012
Fund objective
The Fund aims to achieve high income and long-term capital growth. The Fund will invest at least 70% of its total assets in non-investment grade debt securities issued by US issuers. Non-USD investments are intended to be hedged back into USD at the discretion of the Investment Adviser.
Benchmark
  • Barclays US Corporate HY 2% Issuer Cap TR USD
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
6.2%
1 Year rank in sector
30/46
Sector
FO Fixed Int - USD High Yield
Yield
5.8%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.08%
Fund size
£47m (£49m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
77
Top in this sector
Fund name1 Year
Candriam GFUS HiYld Corp Bd27.3%
Old Mutual MtyInc HiYdBd26.5%
Allianz US Hi Yd24.1%
UBS LBdSICVAsnHiYld$12.3%
GS AsHiYiBoPo11%
...more in FO Fixed Int - USD High Yield

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%3.9%7.1%6.2%10.9%-
Sector0.3%4.1%7.6%6.8%10.4%35.4%
Rank within sector22 / 4623 / 4632 / 4630 / 4615 / 33-
Quartile2nd2nd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.1%-4%1.5%7.9%-
Sector10.2%-3.1%0.7%6.2%14.1%
Rank within sector29 / 4623 / 4114 / 338 / 32-
Quartile3rd3rd2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.11
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.13
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.11
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.94
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.49
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.23
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.95
Price movement
52 week high10.45
52 week low9.2
Current bid price-
Current offer price-
Current mid price10.23
Region
1USA94.7%
2Money Market5.3%
Industry sector
1Fixed Interest94.7%
2Money Market5.3%
Asset type
1US Fixed Interest94.7%
2Money Market5.3%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to achieve high income and long-term capital growth. The Fund will invest at least 70% of its total assets in non-investment grade debt securities issued by US issuers. Non-USD investments are intended to be hedged back into USD at the discretion of the Investment Adviser.
Benchmark
  • Barclays US Corporate HY 2% Issuer Cap TR USD
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Darren Hughes01/08/2012Darren Hughes is co-head of the High Yield team for Invesco Fixed Income. He is also a senior portfolio manager on the team and has analytical responsibilities for aerospace/defense, automotive, media, healthcare and pharmaceutical companies. Mr. Hughes joined Invesco in 1992 as an internal wholesaler and then moved into marketing research for the fi xed income funds. He joined the Invesco Fixed Income High Yield team as a trader in 1995 and was named a portfolio manager in 2005 and senior portfolio manager in 2009. Prior to joining Invesco, he worked in the retail brokerage industry. Mr. Hughes earned a BBA in fi nance and economics from Baylor University. He is a CFA charterholder and a member of the CFA Institute.
Scott Roberts01/08/2012Scott Roberts is co-head of the High Yield team for Invesco Fixed Income. He is also a senior portfolio manager on the team and has analytical responsibilities for the chemicals, energy, utility, and paper/packaging areas. Mr. Roberts joined Invesco in 2000 as high yield analyst and was named portfolio manager in 2009. Previously, he was high yield analyst and trader with Van Kampen Investment Advisory Corp. He entered the investment industry in 1995. Mr. Roberts earned a BBA in fi nance from the University of Houston. He is a CFA charterholder and is a member of the CFA Institute.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Invesco US High Yield Bond A Acc USD
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price12.1404
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG53T
Invesco US High Yield Bond A Hedged Acc EUR
Initial charge5.26%
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price11.9317
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG53W
Invesco US High Yield Bond A Hedged Annual Dis EUR
Initial charge5.26%
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price9.9559
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG53X
Invesco US High Yield Bond A Hedged Monthly Dis 1 AUD
Initial charge5%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0049
CurrencyAUD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE0UT
Invesco US High Yield Bond A Hedged Monthly Dis 1 CAD
Initial charge5%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.974
CurrencyCAD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE0UU
Invesco US High Yield Bond A Hedged Monthly Dis 1 NZD
Initial charge5%
Annual charge1.25%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9924
CurrencyNZD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE0UV
Invesco US High Yield Bond A Monthly Dis 1 USD
Initial charge5%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0041
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE0UW
Invesco US High Yield Bond A Monthly Dis Fixed
Initial charge5.26%
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price9.6048
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG53U
Invesco US High Yield Bond A Monthly Dis HKD
Initial charge5.26%
Annual charge1.25%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price99.3854
CurrencyHKD
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG53V
Invesco US High Yield Bond C Acc USD
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.2393
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCBG
Invesco US High Yield Bond C Annual Dis USD
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price10.2343
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG53Y
Invesco US High Yield Bond C Monthly Dis USD
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0396
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEA4N
Invesco US High Yield Bond E Acc EUR
Initial charge3.09%
Annual charge1.75%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.13%
Total expense ratio (TER)2.27%
Bid price-
Offer price-
Mid price13.2306
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG53Z
Invesco US High Yield Bond R Acc USD
Initial charge-
Annual charge1.25%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)2.47%
Bid price-
Offer price-
Mid price11.7843
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG54A
Invesco US High Yield Bond Z Annual Dis Gr EUR
Initial charge5.26%
Annual charge0.62%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.4438
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTGQ
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