14 important things you should know about Invesco AHYCX mutual fund

Updated: June 27, 2020
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Before we start: if you’re looking for AHYCX “stock” price, you can quickly find it out by visiting Finny and typing "AHYCX quote". If you’re looking for a quick scoop on AHYCX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AHYCX". You’ll get all this info in one place.

Are you looking to buy or sell AHYCX? Or perhaps you’re looking for AHYCX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this AHYCX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: AHYCX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: AHYCX buy or sell; the pros and cons of investing in AHYCX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to AHYCX.

And here is the list of questions we’ll answer:

  1. Describe AIM Investment Securities Funds (Invesco Investment Securities Funds): Invesco High Yield Fund; Class C Shares (AHYCX).
  2. What are AHYCX holdings?
  3. What is AHYCX performance? What are AHYCX historical returns?
  4. How many up and down years did AHYCX have historically?
  5. What is AHYCX dividend yield?
  6. What is AHYCX minimum initial investment amount?
  7. What is AHYCX expense ratio?
  8. Does AHYCX have any sales loads or 12b-1 distribution expenses?
  9. What is AHYCX tax efficiency (tax-cost ratio)?
  10. What is AHYCX beta? How would you assess AHYCX risk?
  11. What is AHYCX Sharpe ratio?
  12. What is AHYCX Finny Score? AHYCX buy or sell?
  13. What are the pros of investing in AHYCX? What are AHYCX buy reasons?
  14. What are the cons of investing in AHYCX? What are AHYCX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AIM Investment Securities Funds (Invesco Investment Securities Funds): Invesco High Yield Fund; Class C Shares (AHYCX).

The Fund seeks total return through growth of capital and current income. The Fund invests at least 80% of its net assets in debt securities that are determined to be below investment grade quality, and in derivatives and other instruments that have economic characteristics similar to such securities.

2. What are AHYCX top holdings?

AHYCX has 3 stock holdings and 297 bond holdings.

The top 10 holdings represent 9.50% of total assets. Here are the top holdings:

Name Symbol % Assets
Trswap: Ibxxlltr Index N/A 2.46%
OPE KAG Finance Sub Inc 7.88% N/A 0.96%
Sprint Corporation 7.88% N/A 0.94%
Tenet Healthcare Corporation 6.75% N/A 0.79%
J.B. Poindexter & Co., Inc. 7.12% N/A 0.75%
Suburban Propane Partners LP / Suburban Energy Finance Corporation 5.5% N/A 0.75%
FREEPORT-MCMORAN INC 5.4% N/A 0.73%
Clear Channel Worldwide Holdings Inc. 9.25% N/A 0.72%
First Quantum Minerals Ltd. 7.5% N/A 0.70%
T-Mobile USA, Inc. 6.5% N/A 0.70%

3. What is AHYCX performance? What are AHYCX historical returns?

AHYCX has generated the following returns:

  • 1-month return is 1.03%;
  • 3-month return is -12.97%;
  • 1-year return is -9.42%;
  • 3-year return is -1.35%;
  • 5-year return is 0.23%;
  • 10-year return is 3.65%;
  • 15-year return is 4.54%.

4. How many up and down years did AHYCX have historically?

In the last 10 years, AHYCX had 8 up years and 2 down years.

5. What is AHYCX dividend yield?

AHYCX yield is 4.86%.

6. What is AHYCX minimum initial investment amount?

AHYCX minimum initial investment amount is $1.00K.

7. What is AHYCX expense ratio?

AHYCX expense ratio is 1.92%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does AHYCX have any sales loads or 12b-1 distribution expenses?

AHYCX 12b-1 distribution fee is 1. AHYCX front-end sales load is 0. AHYCX back-end sales load is 1.

9. What is AHYCX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 2.11%;
  • 3-year ax cost ratio is 1.89%.

10. What is AHYCX beta? How would you assess AHYCX risk?

  • 3-year beta is 0.23;
  • 5-year beta is 0.25;
  • 10-year beta is 0.31;
  • 15-year beta is 0.60.

11. What is AHYCX Sharpe ratio?

  • 3-year Sharpe ratio is -0.40;
  • 5-year Sharpe ratio is -0.14;
  • 10-year Sharpe ratio is 0.37;
  • 15-year Sharpe ratio is 0.33.

Analysis

12. What is AHYCX Finny Score? AHYCX buy or sell?

AHYCX Finny Score is 36. Our quantitative analysis shows 4 reasons to buy AHYCX and 7 reasons to sell it, resulting in the Finny Score of 36.

13. What are the pros of investing in AHYCX? What are AHYCX buy reasons?

The following are AHYCX strengths from our perspective:

  • AHYCX 3-year Beta is 0.23, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.
  • AHYCX 5-year Beta is 0.25, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.
  • AHYCX 10-year Beta is 0.31, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.
  • AHYCX 15-year Beta is 0.6, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.

14. What are the cons of investing in AHYCX? What are AHYCX negatives?

The following are AHYCX weaknesses from our perspective:

  • AHYCX net assets are $36.50 million. This fund is not a popular choice with retail investors.
  • AHYCX 3-year return is -1.35%, which is lower than the 3-year return of the benchmark index (Bloomberg Barclays US High Yield 2% Issuer Cap TR USD), 2.11%.
  • AHYCX 5-year return is 0.23%, which is lower than the 5-year return of the benchmark index (Bloomberg Barclays US High Yield 2% Issuer Cap TR USD), 3.56%.
  • AHYCX 10-year return is 3.65%, which is lower than the 10-year return of the benchmark index (Bloomberg Barclays US High Yield 2% Issuer Cap TR USD), 6.19%.
  • AHYCX 15-year return is 4.54%, which is lower than the 15-year return of the benchmark index (Bloomberg Barclays US High Yield 2% Issuer Cap TR USD), 6.76%.
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
  • AHYCX expense ratio is 1.92%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AHYCX review, we covered AHYCX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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