Invesco High Yield’s team and process have undergone changes during the past two years giving this strategy a fresh look. Since these changes have yet to demonstrate an edge over peers, the strategy earns a Morningstar Analyst Rating of Neutral on its cheapest share classes, while its most expensive share class is rated Negative.
Morningstar’s Fund Analysis AMHYX
Will AMHYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AMHYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AMHYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AMHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.