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Trending ETFs

Invesco Master Loan Fund

mutual fund
MLNFX
Payout Change
None
Price as of:
$12.7965 -0.55 -4.14%
primary theme
N/A
share class
R6 (MLNFX)
MLNFX (Mutual Fund)

Invesco Master Loan Fund

Payout Change
None
Price as of:
$12.7965 -0.55 -4.14%
primary theme
N/A
share class
R6 (MLNFX)
MLNFX (Mutual Fund)

Invesco Master Loan Fund

Payout Change
None
Price as of:
$12.7965 -0.55 -4.14%
primary theme
N/A
share class
R6 (MLNFX)

Name

As of 12/01/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Master Loan Fund

MLNFX | Fund

$12.80

$125 M

0.00%

0.51%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$125 M

Holdings in Top 10

13.3%

52 WEEK LOW AND HIGH

$13.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.51%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/01/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Master Loan Fund

MLNFX | Fund

$12.80

$125 M

0.00%

0.51%

MLNFX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency N/A

Fund Details

  • Legal Name
    Invesco Master Loan Fund
  • Fund Family Name
    INVESCOFDS
  • Inception Date
    Oct 31, 2007
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal circumstances, the Fund will invest at least 80% of its net assets (including borrowings for investment purposes) in loans made to U.S. and foreign borrowers that are corporations, partnerships or other business entities, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund may invest directly in loans (as an original lender or by assignment from a lender) or indirectly in loans through loan participation agreements or certain derivative instruments. The Fund will invest in floating (sometimes referred to as “adjustable”) rate loans that pay interest at rates that float above, or are
adjusted periodically based on a benchmark that reflects current interest rates, such as the prime rate offered by one or more major U.S. banks (referred to as the “Prime Rate”). The Fund may also invest in loans with fixed interest rates. While many of these loans will be collateralized, the Fund can invest in uncollateralized loans. The Fund has no limits as to the maturity of loans in which it invests or as to the market capitalization range of the borrowers.
The Fund can invest without limit in loans that are below investment grade (sometimes referred to as “high yield” or “junk” securities). “Investment-grade” debt instruments are rated in one of the four highest rating categories by nationally recognized statistical rating organizations such as Moody’s or S&P Global Ratings (S&P) (or, in the case of unrated securities, determined by the Fund’s Adviser to be comparable to securities rated investment-grade). The Fund may also invest in unrated loans, in which case the Fund’s Adviser may assign ratings to those instruments, after assessing their credit quality and other factors, in investment-grade or below-investment-grade categories similar to those of nationally recognized statistical rating organizations. There can be no assurance, nor is it intended, that the Adviser’s credit analysis is consistent or comparable with the credit analysis process used by a nationally recognized statistical rating organization. The Fund may invest in such unrated loans whether or not determined by the Adviser to be investment grade. The Fund can invest in loans made in connection with highly leveraged transactions. The Fund may invest in defaulted or distressed loans and loans to bankrupt companies.
The Fund may invest in floating rate loans that hold (or in the judgment of the Adviser, hold) a senior position in the capital structure of U.S. and foreign corporations, partnerships or other business entities that, under normal circumstances, allow them to have priority of claim ahead of other obligations of a borrower in the event of liquidation. These investments are referred to as “Senior Loans.” Senior Loans may be collateralized or uncollateralized. They typically pay interest at rates that float above, or are adjusted periodically based on, a benchmark that reflects current interest rates. The Fund can invest 25% or more of its total assets in securities of the group of industries in the financial securities sector. The Fund can invest up to 20% of its total assets in equity securities (including common stocks, preferred stocks, rights, warrants, and securities convertible into common stock).
The Fund can engage in foreign currency transactions either on a spot basis (i.e. for prompt delivery and settlement at the rate prevailing in the currency exchange market at the time) or through forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated. The Fund can use currency futures and currency swaps to hedge its exposure to foreign currencies.
When selecting loans for investment, the Fund’s Adviser performs its own analysis based on information obtained from agents that originate or administer loans, other lenders, and ratings organizations, among other sources. The Adviser’s analysis may consider various factors, such as the borrower’s past and projected financial performance; the borrower’s assets and cash flows; the quality and depth of the borrower’s management; the credit quality of the collateral or other debt security, if any; the state of the borrower’s industry and its position in that industry; the market for loans generally; the credit quality of the debt obligations of the bank servicing the loan and other intermediaries imposed between the borrower and the Fund. The credit research process utilized by the Fund to implement its investment strategy in pursuit of its investment objective considers factors that may include, but are not limited to, an issuer’s operations, capital structure and environmental, social and governance (“ESG”) considerations. Credit quality analysis for certain issuers therefore may consider whether any ESG factors pose a material financial risk or opportunity to an issuer. The Adviser may determine that ESG considerations are not material to certain issuers or types of investments held by the Fund. In addition, not all issuers or Fund
investments may undergo a credit quality analysis that considers ESG factors, and not all investments held by the Fund will rate strongly on ESG criteria. The Adviser will continue to monitor the credit quality of loans in its portfolio and the status of the applicable borrowers for the duration of the Fund’s investment.
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MLNFX - Performance

Return Ranking - Trailing

Period MLNFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period MLNFX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 -5.7% N/A N/A N/A
2021 3.8% N/A N/A N/A
2020 -9.9% N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period MLNFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period MLNFX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 -5.7% N/A N/A N/A
2021 3.8% N/A N/A N/A
2020 -9.9% N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

MLNFX - Holdings

Concentration Analysis

MLNFX Category Low Category High MLNFX % Rank
Net Assets 125 M N/A N/A N/A
Number of Holdings 78 N/A N/A N/A
Net Assets in Top 10 5.31 M N/A N/A N/A
Weighting of Top 10 13.28% N/A N/A N/A

Top 10 Holdings

  1. Invesco Government Agency Portfolio, Institutional Class 2.75%
  2. Robertshaw US Holding Corp., First Lien Term Loan 2.20%
  3. Invesco Treasury Portfolio, Institutional Class 1.84%
  4. Monitronics International, Inc., Term Loan 1.26%
  5. Commercial Barge Line Co., Pfd. 1.11%
  6. SonicWall U.S. Holdings Inc., First Lien Term Loan 0.93%
  7. Orchid Merger Sub II, LLC, Term Loan 0.92%
  8. Checkout Holding Corp., Term Loan 0.82%
  9. Commercial Barge Line Co., Series B, Pfd., Wts., expiring 04/27/2045 0.78%
  10. North American Lifting Holdings, Inc. 0.67%

Asset Allocation

Weighting Return Low Return High MLNFX % Rank
Cash 		83.60% N/A N/A N/A
Bonds 		10.54% N/A N/A N/A
Stocks 		2.51% N/A N/A N/A
Other 		1.89% N/A N/A N/A
Preferred Stocks 		1.46% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High MLNFX % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High MLNFX % Rank
US 		2.51% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High MLNFX % Rank
Cash & Equivalents 		4.59% N/A N/A N/A
Derivative 		1.89% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High MLNFX % Rank
US 		8.90% N/A N/A N/A
Non US 		1.64% N/A N/A N/A

MLNFX - Expenses

Operational Fees

MLNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.51% N/A N/A N/A
Management Fee 0.29% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

MLNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

MLNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MLNFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

MLNFX - Distributions

Dividend Yield Analysis

MLNFX Category Low Category High MLNFX % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

MLNFX Category Low Category High Category Mod
Dividend Distribution Frequency

Net Income Ratio Analysis

MLNFX Category Low Category High MLNFX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

MLNFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

MLNFX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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