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15 important things you should know about Invesco STBAX mutual fund

Updated: September 28, 2020
43
Bull Case
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 10-year return above the benchmark
Bear Case
  • Low net assets
  • 15-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

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

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

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

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

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

The Fund seeks a high level of current income consistent with preservation of capital. The Fund invests, normally, at least 80% of its assets in a diversified portfolio of investment-grade fixed income securities. The Fund's average portfolio duration and average portfolio maturity will be less than 3 years.

2. What are STBAX top holdings?

STBAX has 0 stock holdings and 328 bond holdings.

The top 9 holdings represent 15.86% of total assets. Here are the top holdings:

Name Symbol % Assets
United States Treasury Notes 0.38% N/A 3.73%
United States Treasury Notes 0.5% N/A 2.29%
Morgan Stanley 1.32% N/A 1.86%
Cigna Corporation 3.2% N/A 1.56%
Penske Truck Leasing Co., L.P. 3.65% N/A 1.42%
AbbVie Inc. 2.15% N/A 1.41%
Charter Communications Operating, LLC/Charter Communications Operating Capi N/A 1.28%
New York Life Global Funding 2.01% N/A 1.26%
Hyndai Capital America 3.95% N/A 1.05%

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

STBAX has generated the following returns:

  • 1-month return is 0.17%;
  • 3-month return is 1.24%;
  • 1-year return is 3.14%;
  • 3-year return is 2.64%;
  • 5-year return is 2.44%;
  • 10-year return is 2.05%;
  • 15-year return is 2.12%.

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

In the last 10 years, STBAX had 10 up years and 0 down years.

STBAX up and down years

5. What is STBAX dividend yield?

STBAX yield is 2.8%.

6. What is STBAX minimum initial investment amount?

STBAX minimum initial investment amount is $1.00K.

7. What is STBAX expense ratio?

STBAX expense ratio is 0.65%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

STBAX expenses

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

STBAX 12b-1 distribution fee is 0.15. STBAX front-end sales load is 2.5. STBAX back-end sales load is 0.

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

  • 1-year ax cost ratio is 1.03%;
  • 3-year ax cost ratio is 1.06%.
STBAX tax costs

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

  • 3-year beta is 0.44;
  • 5-year beta is 0.38;
  • 10-year beta is 0.30;
  • 15-year beta is 0.33.
STBAX Beta

11. What is STBAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.21;
  • 5-year Sharpe ratio is 0.39;
  • 10-year Sharpe ratio is 0.70;
  • 15-year Sharpe ratio is 0.35.
STBAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 43. Our quantitative analysis shows 3 reasons to buy and 4 reasons to sell it, resulting in the Finny Score of 43.

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

The following are STBAX strengths from our perspective:

  • <strong>STBAX 3-year return</strong> is 2.64%, which is in line with the 3-year return of the benchmark index (Bloomberg Barclays US Government/Credit 1-3 Yr TR USD), 2.84%.
  • <strong>STBAX 5-year return</strong> is 2.44%, which is higher than the 5-year return of the benchmark index (Bloomberg Barclays US Government/Credit 1-3 Yr TR USD), 2.12%.
  • <strong>STBAX 10-year return</strong> is 2.05%, which is higher than the 10-year return of the benchmark index (Bloomberg Barclays US Government/Credit 1-3 Yr TR USD), 1.57%.

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

The following are STBAX weaknesses from our perspective:

  • <strong>STBAX net assets</strong> are $625.90 million. This fund is not a popular choice with retail investors.
  • <strong>STBAX 15-year return</strong> is 2.12%, which is lower than the 15-year return of the benchmark index (Bloomberg Barclays US Government/Credit 1-3 Yr TR USD), 2.58%.
  • <strong>STBAX expense ratio</strong> is 0.65%, 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 0.15%, 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.
In the STBAX review, we covered STBAX 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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