Overview Of Invesco Corporate Bond A Fund (ACCBX)

Invesco Corporate Bond A (ACCBX) a Zacks Ranked #2 (Buy) seeks current income with preservation of capital and to seek capital appreciation. ACCBX invests a large portion of its net assets in corporate bonds at the time of investment. ACCBX may invest up to 20% of its total assets in convertible securities, which includes convertible bonds as well as convertible preferred stocks. ACCBX may also invest up to 10% of its total assets in preferred stocks. ACCBX offers dividends monthly and capital gains annually.

The Invesco Corporate Bond A fund, managed by Invesco, carries an expense ratio of 0.91. Moreover, ACCBX requires a minimal initial investment of $1,000.

ACCBX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 0.50%, 3 year 4.15%, and 5 year 5.52%. To see how this fund performed compared in its category, please click here .

ACCBX’s performance, as of the last filing, when compared to funds in its category was in the top 51% in 1 year, top 9% over the past 3 years, and in the top 10% over the past 5 years.

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