AFRAX vs BFRIX
Both AFRAX and BFRIX are mutual funds. AFRAX has a higher 5-year return than BFRIX (2.69% vs 2.68%). AFRAX has a higher expense ratio than BFRIX (1% vs 0.69%). Below is the comparison between AFRAX and BFRIX.
| AFRAX | BFRIX | |
|---|---|---|
| Security Type | Mutual fund | Mutual fund |
| Segment | Taxable Fixed Income: Bank Loan | Taxable Fixed Income: Bank Loan |
| Family | Invesco | BlackRock |
| Net Assets | $773.90M | $3.74B |
| Expense Ratio | 1.00% | 0.69% |
| Management Style | active | active |
| Dividend Yield | 3.94% | 3.43% |
| Minimum Investment | $1,000.00 | $2,000,000.00 |
| YTD Return | -3.23% | -3.30% |
| 1-Year Return | -3.04% | -3.05% |
| 3-Year Return | 2.05% | 2.13% |
| 5-Year Return | 2.69% | 2.68% |
| 10-Year Return | 3.53% | 3.56% |
AFRAX
AFRAX description
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AFRAX performance & returns
| YTD Return | -3.23% |
| 1-Month Return | -3.31% |
| 3-Month Return | -3.04% |
| 1-Year Return | -3.04% |
| 3-Year Return | 2.05% |
| 5-Year Return | 2.69% |
| 10-Year Return | 3.53% |
AFRAX expense ratio is 1%.
AFRAX holdings
Top 10 Holdings (9.96% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Invesco Shrt-Trm Inv Gov&Agcy Instl | AGPXX | 1.22% |
| 1011778 B.C. Unlimited Liability Company Term Loan B4 | N/A | 1.12% |
| Berry Global, Inc. Term Loan Y | N/A | 1.11% |
| Telesat Canada Term Loan B5 | N/A | 1.09% |
| Invesco Shrt-Trm Inv Liq Assets Corp | LPCXX | 1.02% |
| Virgin Media Bristol Llc Usd Term Loan N | N/A | 0.96% |
| Nexstar Broadcasting, Inc. 2019 Term Loan B4 | N/A | 0.95% |
| Calpine Corporation Term Loan B9 | N/A | 0.89% |
| Caesars Resort Collection, Llc 2017 1st Lien Term Loan B | N/A | 0.86% |
| Transdigm, Inc. 2020 Term Loan E | N/A | 0.74% |
AFRAX pros
The following are AFRAX strengths from our perspective:
- AFRAX 3-year return is 2.05%, which is higher than the 3-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 0.34%.
- AFRAX 5-year return is 2.69%, which is higher than the 5-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 1.18%.
- AFRAX 10-year return is 3.53%, which is higher than the 10-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 1.72%.
- AFRAX 15-year return is 3.12%, which is in line with the 15-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 3.32%.
AFRAX cons
The following are AFRAX weaknesses from our perspective:
- AFRAX net assets are $773.90 million. This fund is not a popular choice with retail investors.
- AFRAX expense ratio is 1%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
- Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 2.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
Other relevant AFRAX comparisons
You may also want to check out the following AFRAX comparisons that investors often look for on Finny
- AFRAX vs FFRHX
- AFRAX vs BFRIX
- AFRAX vs SAMBX
- AFRAX vs PRFRX
- AFRAX vs FFRIX
- AFRAX vs OOSAX
- AFRAX vs OOSYX
- AFRAX vs MXFIX
- AFRAX vs LSFYX
- AFRAX vs HFLIX
Or use Finny's Comparison Tool to create a comparison you'd like to see.
BFRIX
BFRIX description
The Fund seeks to provide high current income, with a secondary objective of long term capital appreciation. The Fund invests 80% of its assets in a diversified portfolio that effectively enables the Fund to achieve a floating rate of income. The Fund may also invest up to 15% of its assets in illiquid securities.
BFRIX performance & returns
| YTD Return | -3.30% |
| 1-Month Return | -3.33% |
| 3-Month Return | -3.05% |
| 1-Year Return | -3.05% |
| 3-Year Return | 2.13% |
| 5-Year Return | 2.68% |
| 10-Year Return | 3.56% |
BFRIX expense ratio is 0.69%.
BFRIX holdings
Top 10 Holdings (15.78% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| BlackRock Liquidity T-Fund Instl | TSTXX | 5.53% |
| Zayo Group Holding / Front Range Tl-B | N/A | 1.49% |
| Genesys (Greeneden Us Holdings) Tl-B3 | N/A | 1.40% |
| Vertiv Group Corporation Tl-B | N/A | 1.23% |
| Veritas Us Inc. Tl-B | N/A | 1.14% |
| Informatica Llc Tl-B | N/A | 1.14% |
| Husky Ims (Titan Acquisition Ltd) Tl-B | N/A | 1.01% |
| Clear Channel Outdoor Holdings Inc Tl-B | N/A | 0.96% |
| Epicor Software Corp(Eagle Parent) Tl-B | N/A | 0.95% |
| Inmarsat Plc / Connect Us Finco Tl-B | N/A | 0.93% |
BFRIX pros
The following are BFRIX strengths from our perspective:
- Good news: this fund does not have 12b1, front-end or back-end sales fees.
BFRIX cons
The following are BFRIX weaknesses from our perspective:
- BFRIX 3-year return is 2.13%, which is lower than the 3-year return of the benchmark index (S&P/LSTA Leveraged Loan TR), 2.76%.
- BFRIX 5-year return is 2.68%, which is lower than the 5-year return of the benchmark index (S&P/LSTA Leveraged Loan TR), 3.34%.
- BFRIX 10-year return is 3.56%, which is lower than the 10-year return of the benchmark index (S&P/LSTA Leveraged Loan TR), 3.98%.
- BFRIX expense ratio is 0.69%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
Other relevant BFRIX comparisons
You may also want to check out the following BFRIX comparisons that investors often look for on Finny
- BFRIX vs FFRHX
- BFRIX vs SAMBX
- BFRIX vs PRFRX
- BFRIX vs FFRIX
- BFRIX vs OOSAX
- BFRIX vs OOSYX
- BFRIX vs MXFIX
- BFRIX vs LSFYX
- BFRIX vs HFLIX
- BFRIX vs FAFRX
Or use Finny's Comparison Tool to create a comparison you'd like to see.