About OOSIX
Invesco Senior Floating Rate Fund Class R6 is an open-end mutual fund focused on generating income through investments in senior secured floating-rate loans. The fund primarily targets debt issued by large corporations, holding loans that have a senior position in the capital structure, meaning they are prioritized in repayment in the event of borrower default. This structure provides a degree of protection relative to unsecured debt. As a floating-rate fund, its interest payments adjust periodically, which can mitigate interest rate risk and offer potential diversification benefits alongside longer-duration, rate-sensitive bonds. The fund utilizes a high-conviction, opportunistic investment approach, combining active management with proprietary models to identify relative value opportunities across the loan market. It invests across various industries, such as application software, telecommunications, gaming, and security services, emphasizing a broad sector allocation. Managed by a team with extensive credit selection expertise, the fund seeks to provide competitive yield over a full market cycle, catering to investors seeking income with exposure to the leveraged loan market. Risk considerations include market volatility, credit risk, and liquidity, as associated with senior loans and broader credit markets.
Fund Family Invesco
Category Bank Loan
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol OOSIX
Index Index is not available on Lipper Database
OOSIX had a total return of 4.13% in the past year, including dividends.
Since the fund's inception, the average annual return has been 3.94%.
