Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.81% 2.023B -- 51.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-555.51M 3.62%

Basic Info

Investment Strategy
The Fund seeks total return, comprised of current income and capital appreciation by investing in senior secured floating rate loans made by banks and lending institutions, senior secured floating rate debt instruments, and derivatives and other instruments that have economic characteristics similar to such securities.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Loan Participation Funds
Global Macro Loan Participation Funds
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Loan Participation Funds
Fund Owner Firm Name Invesco
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 72
-262.14M Peer Group Low
1.811B Peer Group High
1 Year
% Rank: 85
-555.51M
-3.023B Peer Group Low
5.204B Peer Group High
3 Months
% Rank: 85
-669.82M Peer Group Low
2.161B Peer Group High
3 Years
% Rank: 87
-3.547B Peer Group Low
21.94B Peer Group High
6 Months
% Rank: 87
-852.81M Peer Group Low
3.070B Peer Group High
5 Years
% Rank: 23
-2.363B Peer Group Low
23.83B Peer Group High
YTD
% Rank: 84
-82.53M Peer Group Low
1.811B Peer Group High
10 Years
% Rank: 59
-11.61B Peer Group Low
24.31B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
7.61%
1.88%
6.41%
-2.18%
12.05%
7.93%
4.86%
-0.30%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
0.11%
2.69%
-4.15%
9.16%
-0.11%
11.86%
8.84%
5.40%
-0.15%
8.62%
2.98%
3.54%
-1.06%
12.38%
8.59%
5.37%
-0.37%
3.49%
-3.65%
8.74%
-1.41%
15.19%
8.52%
4.56%
0.05%
9.16%
2.99%
5.07%
-3.91%
13.83%
8.86%
4.72%
-0.26%
As of January 31, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-30-26) 8.49%
30-Day SEC Yield (12-31-25) 7.18%
7-Day SEC Yield --
Number of Holdings 10
Bond
Yield to Maturity (11-30-25) 7.23%
Effective Duration 0.12
Average Coupon 7.38%
Calculated Average Quality 5.885
Effective Maturity 4.378
Nominal Maturity 4.400
Number of Bond Holdings 8
As of November 30, 2025

Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.21%
Stock 4.55%
Bond 98.12%
Convertible 0.00%
Preferred 0.31%
Other -5.19%
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Top 10 Holdings

Name % Weight Price % Change
VUE ENTERTAINMENT INTERNATIONAL LTD PIK FRN 31-DEC-2027
1.33% -- --
COINMACH SERVICE CORP 02-MAR-2028 TERM LOAN B
1.09% -- --
MY ALARM CENTER LLC FRN
1.08% -- --
MONITRONICS INTERNATIONAL INC FRN 30-JUN-2028
1.05% -- --
V GLOBAL HOLDINGS HOLDINGS LLC 22-DEC-2027 TERM LOAN B
1.01% -- --
SUMMER BC HOLDCO B SARL FRN 04-JUN-2026
0.94% -- --
USD CASH
0.93% -- --
MONITRONICS INTERNATIONAL INC
0.91% -- --
FLORIDA FOOD PRODUCTS LLC FRN 15-OCT-2030
0.91% -- --
OID OL INTERMEDIATE I LLC FRN 01-FEB-2029
0.89% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.61%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1.00M None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks total return, comprised of current income and capital appreciation by investing in senior secured floating rate loans made by banks and lending institutions, senior secured floating rate debt instruments, and derivatives and other instruments that have economic characteristics similar to such securities.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Loan Participation Funds
Peer Group Loan Participation Funds
Global Macro Loan Participation Funds
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Loan Participation Funds
Fund Owner Firm Name Invesco
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-30-26) 8.49%
30-Day SEC Yield (12-31-25) 7.18%
7-Day SEC Yield --
Number of Holdings 10
Bond
Yield to Maturity (11-30-25) 7.23%
Effective Duration 0.12
Average Coupon 7.38%
Calculated Average Quality 5.885
Effective Maturity 4.378
Nominal Maturity 4.400
Number of Bond Holdings 8
As of November 30, 2025

Fund Details

Key Dates
Inception Date 4/28/1997
Share Classes
AFRAX A
AFRCX C
AFRIX Retirement
AFRRX Retirement
AFRYX Inst
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund Yes

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:AFRFX", "name")
Broad Asset Class: =YCI("M:AFRFX", "broad_asset_class")
Broad Category: =YCI("M:AFRFX", "broad_category_group")
Prospectus Objective: =YCI("M:AFRFX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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