14 important things you should know about Invesco AMHYX mutual fund

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

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

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

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

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 AMHYX top holdings?

AMHYX 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 AMHYX performance? What are AMHYX historical returns?

AMHYX has generated the following returns:

  • 1-month return is 0.81%;
  • 3-month return is -13.00%;
  • 1-year return is -8.94%;
  • 3-year return is -0.67%;
  • 5-year return is 0.94%;
  • 10-year return is 4.40%;
  • 15-year return is 5.31%.

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

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

5. What is AMHYX dividend yield?

AMHYX yield is 5.6%.

6. What is AMHYX minimum initial investment amount?

AMHYX minimum initial investment amount is $1.00K.

7. What is AMHYX expense ratio?

AMHYX expense ratio is 1.17%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

AMHYX 12b-1 distribution fee is 0.25. AMHYX front-end sales load is 4.25. AMHYX back-end sales load is 0.

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

  • 1-year ax cost ratio is 2.4%;
  • 3-year ax cost ratio is 2.2%.

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

  • 3-year beta is 0.23;
  • 5-year beta is 0.25;
  • 10-year beta is 0.31;
  • 15-year beta is 0.61.

11. What is AMHYX Sharpe ratio?

  • 3-year Sharpe ratio is -0.32;
  • 5-year Sharpe ratio is -0.04;
  • 10-year Sharpe ratio is 0.47.

Analysis

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

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

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

The following are AMHYX strengths from our perspective:

  • AMHYX 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.
  • AMHYX 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.
  • AMHYX 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.
  • AMHYX 15-year Beta is 0.61, 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 AMHYX? What are AMHYX negatives?

The following are AMHYX weaknesses from our perspective:

  • AMHYX net assets are $683.80 million. This fund is not a popular choice with retail investors.
  • AMHYX 3-year return is -0.67%, which is lower than the 3-year return of the benchmark index (Bloomberg Barclays US High Yield 2% Issuer Cap TR USD), 2.11%.
  • AMHYX 5-year return is 0.94%, which is lower than the 5-year return of the benchmark index (Bloomberg Barclays US High Yield 2% Issuer Cap TR USD), 3.56%.
  • AMHYX 10-year return is 4.4%, which is lower than the 10-year return of the benchmark index (Bloomberg Barclays US High Yield 2% Issuer Cap TR USD), 6.19%.
  • AMHYX 15-year return is 5.31%, 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 front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 4.25%. 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.
  • AMHYX expense ratio is 1.17%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AMHYX review, we covered AMHYX 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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