About ACCWX
Invesco Corporate Bond Fund R5 is a mutual fund specializing in investment-grade corporate debt securities. Its primary objective is to provide current income and preservation of capital, with capital appreciation as a secondary goal. The fund constructs a diversified portfolio, typically allocating 80–90% of assets to developed-market corporate bonds, and includes smaller allocations to convertible securities and preferred stocks for enhanced diversification. The portfolio spans sectors such as diversified banks, electric utilities, oil and gas, insurance, telecommunications, and automotive manufacturing, reflecting a broad exposure across U.S. and global industries.
Designed for institutional investors, the fund generally requires a minimum initial investment of $1,000,000 and features an expense ratio of around 0.43%. It maintains a moderate credit and interest rate risk profile, with a focus on bonds rated in the BBB category. The fund is actively managed, using both macroeconomic analysis and bottom-up credit research to identify opportunities and monitor risks. Monthly dividend distributions and a history of stable yield make it a noteworthy option for those seeking steady income from corporate bonds within a diversified fixed income portfolio.
Fund Family Invesco
Category Corporate Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol ACCWX
Share Class Class R5
Index Bloomberg U.S. Credit TR
ACCWX had a total return of -2.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.88%.
