Invesco Balanced-Risk Commodity Strat R6 (IBRFX)

Fund Assets	1.20B
Expense Ratio	1.05%
Min. Investment	$1,000,000
Turnover	44.00%
Dividend (ttm)	0.94
Dividend Yield	9.87%
Dividend Growth	189.29%
Payout Frequency	Annual
Ex-Dividend Date	Dec 18, 2025

Previous Close	9.37
YTD Return	35.80%
1-Year Return	49.44%
5-Year Return	86.32%
52-Week Low	6.75
52-Week High	9.62
Beta (5Y)	0.19
Holdings	12
Inception Date	Sep 24, 2012

About IBRFX

The Invesco Balanced-Risk Commodity Strategy Fund Class R6 is an actively managed mutual fund focused on providing total return through diversified exposure to global commodity markets. Its primary function is to balance risk across major commodity sectors—including agriculture, energy, industrial metals, and precious metals—by employing a risk-managed, benchmark-agnostic approach. The fund seeks to capture long-term drivers of return in the commodity space by emphasizing sources of return often overlooked by traditional benchmarks, such as term structure opportunities, optimal roll yield, and tactical reallocations among commodities. The portfolio is broadly diversified and features systematic, rules-based rebalancing to maintain adaptability to changing market conditions. Notably, it invests in derivatives and commodity-linked instruments, with a substantial portion allocated to cash and cash equivalents for liquidity management. Serving institutional and sophisticated investors, the fund's strategy aims to enhance portfolio diversification and potentially provide a hedge against inflation, playing a distinct role in diversified investment portfolios seeking commodity exposure and risk-adjusted returns.

• Fund Family: Invesco
• Category: Commodities Broad Basket
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: IBRFX
• Share Class: Class R6
• Index: Bloomberg Commodity TR

Performance

IBRFX had a total return of 49.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.00%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
BRCNX	Class R5	1.12%
BRCYX	Class Y	1.28%
BRCAX	Class A	1.53%
BRCRX	Class R	1.78%

Top 10 Holdings

102.42% of assets

Name	Symbol	Weight
Invesco Shrt-Trm Inv Treasury Instl	TRPXX	29.59%
Invesco Cayman Commodity Fund Iii Hf Hedge	n/a	22.00%
Invesco Shrt-Trm Inv Gov&Agcy Instl	AGPXX	15.98%
United States Treasury Notes 3.95515%	TF.0 04.30.28	7.56%
United States Treasury Notes 3.951%	TF.0 01.31.28	7.52%
United States Treasury Notes 4.034%	TF.0 07.31.26	7.51%
Royal Bank of Canada 0.01%	n/a	4.78%
Canadian Imperial Bank of Commerce 0.0001%	CM.114.641 10.30.26	2.57%
Royal Bank of Canada 0%	n/a	2.53%
CIBC 0.1%	CM.F 07.27.27	2.39%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 18, 2025	$0.937	Dec 18, 2025
Dec 16, 2024	$0.3239	Dec 16, 2024
Dec 15, 2023	$0.2413	Dec 15, 2023
Dec 16, 2022	$0.6933	Dec 16, 2022
Dec 16, 2021	$1.1839	Dec 16, 2021
Dec 13, 2019	$0.0586	Dec 13, 2019

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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