Invesco Floating Rate ESG Fund (AFRAX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Invesco Floating Rate ESG Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco Floating Rate ESG Fund (AFRAX) has returned -1.27% so far this year and 3.17% over the past 12 months. Over the last ten years, AFRAX has returned 4.62% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 1998, AFRAX's average daily return is +0.01%, while the average monthly return is +0.21%. At this rate, your investment would double in approximately 27.5 years.

Historically, 61% of months were positive and 39% were negative. The best month was Jan 2009 with a return of +10.1%, while the worst month was Oct 2008 at -15.1%. The longest winning streak lasted 19 consecutive months, and the longest losing streak was 10 months.

On a daily basis, AFRAX closed higher 19% of trading days. The best single day was Jan 30, 2009 with a return of +3.1%, while the worst single day was Mar 16, 2020 at -3.3%.

Invesco Floating Rate ESG Fund has an annualized alpha of 2.19%, beta of 0.03, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since January 05, 1998.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (16.37%) than losses (15.82%) — typical of diversified or defensive assets.
• Beta of 0.03 may look defensive, but with R² of 0.03 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.03 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

AFRAX has a high expense ratio of 1.04%, indicating above-average management fees.

AFRAX ranks 77 for risk / return — better than 77% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Invesco Floating Rate ESG Fund (AFRAX) and compare them to a chosen benchmark (S&P 500 Index).

Invesco Floating Rate ESG Fund provided a 7.21% dividend yield over the last twelve months, with an annual payout of $0.46 per share.

The table displays the monthly dividend distributions for Invesco Floating Rate ESG Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco Floating Rate ESG Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Floating Rate ESG Fund was 37.60%, occurring on Dec 17, 2008. Recovery took 312 trading sessions.

The current Invesco Floating Rate ESG Fund drawdown is 1.27%.

The chart below shows the rolling one-month volatility.