Invesco Short Duration Inflation Protected Fund (ALMIX)
The investment seeks to provide protection from the negative effects of unanticipated inflation. The fund invests under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in the component securities of the ICE BofA 1-5 Year US Inflation-Linked Treasury Index (the index) and in derivatives and other instruments that have economic characteristics similar to such securities. The index is comprised of U.S. Treasury Inflation Protected Securities (TIPS) with at least $1 billion in outstanding face value and a remaining term to final maturity of at least 1 year and less than 5 years at the time of index rebalancing.
Fund Info
| ISIN | US00142C2017 |
|---|---|
| Issuer | Invesco |
| Inception Date | Jul 12, 1987 |
| Category | Inflation-Protected Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
ALMIX features an expense ratio of 0.30%, falling within the medium range.
Share Price Chart
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Popular comparisons: ALMIX vs. TQQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Short Duration Inflation Protected Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco Short Duration Inflation Protected Fund had a return of 4.93% year-to-date (YTD) and 8.15% in the last 12 months. Over the past 10 years, Invesco Short Duration Inflation Protected Fund had an annualized return of 2.29%, while the S&P 500 had an annualized return of 11.26%, indicating that Invesco Short Duration Inflation Protected Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.93% | 19.50% |
| 1 month | 1.09% | 3.09% |
| 6 months | 4.20% | 10.74% |
| 1 year | 8.15% | 33.68% |
| 5 years (annualized) | 3.13% | 14.10% |
| 10 years (annualized) | 2.29% | 11.26% |
Monthly Returns
The table below presents the monthly returns of ALMIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.41% | -0.31% | 0.50% | -0.31% | 1.03% | 0.70% | 1.02% | 0.60% | 1.09% | 4.93% | |||
| 2023 | 0.72% | -0.51% | 2.02% | 0.20% | -0.81% | -0.36% | 0.52% | 0.00% | -0.26% | 0.31% | 1.15% | 1.15% | 4.17% |
| 2022 | -0.83% | 1.12% | -0.75% | -0.37% | 0.28% | -1.77% | 2.15% | -1.82% | -3.44% | 1.03% | 0.41% | -0.32% | -4.35% |
| 2021 | 0.65% | -0.09% | 0.51% | 0.92% | 0.82% | -0.08% | 1.45% | 0.00% | -0.18% | 0.72% | 0.18% | 0.18% | 5.20% |
| 2020 | 0.48% | 0.48% | -1.78% | 1.37% | 0.87% | 0.72% | 0.76% | 1.23% | -0.23% | -0.28% | 0.66% | 0.99% | 5.35% |
| 2019 | 0.79% | 0.10% | 0.78% | 0.49% | 0.59% | 0.67% | -0.00% | 0.58% | -0.43% | 0.19% | 0.10% | 0.73% | 4.68% |
| 2018 | -0.39% | -0.10% | 0.50% | 0.00% | 0.29% | 0.18% | -0.19% | 0.49% | -0.30% | -0.49% | 0.00% | 0.13% | 0.12% |
| 2017 | 0.47% | 0.10% | 0.06% | 0.00% | -0.10% | -0.51% | 0.29% | 0.28% | -0.22% | 0.19% | -0.29% | 0.17% | 0.45% |
| 2016 | 0.77% | 0.48% | 1.11% | -0.00% | -0.47% | 1.20% | -0.19% | -0.38% | 0.82% | 0.00% | -0.75% | 0.38% | 3.00% |
| 2015 | 0.29% | -0.19% | 0.10% | 0.00% | 0.01% | -0.09% | 0.01% | -0.10% | 0.19% | -0.05% | -0.29% | -0.10% | -0.21% |
| 2014 | 0.20% | 0.01% | -0.09% | 0.00% | 0.11% | -0.07% | -0.09% | 0.00% | 0.00% | 0.10% | 0.12% | -0.29% | 0.02% |
| 2013 | 0.00% | 0.10% | 0.00% | 0.03% | -0.29% | -0.09% | 0.09% | -0.09% | 0.19% | 0.10% | 0.00% | -0.31% | -0.28% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ALMIX is 84, placing it in the top 16% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Short Duration Inflation Protected Fund (ALMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Short Duration Inflation Protected Fund granted a 2.06% dividend yield in the last twelve months. The annual payout for that period amounted to $0.21 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.32 | $0.73 | $0.48 | $0.13 | $0.21 | $0.28 | $0.23 | $0.16 | $0.01 | $0.01 | $0.01 |
Dividend yield | 2.06% | 3.24% | 7.59% | 4.38% | 1.19% | 2.02% | 2.80% | 2.19% | 1.53% | 0.08% | 0.12% | 0.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Short Duration Inflation Protected Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.15 | ||
| 2023 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.13 | $0.73 |
| 2021 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.34 | $0.48 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.13 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.21 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.28 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.15 | $0.23 |
| 2016 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.16 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Short Duration Inflation Protected 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 Short Duration Inflation Protected Fund was 6.61%, occurring on Sep 30, 2022. Recovery took 421 trading sessions.
The current Invesco Short Duration Inflation Protected Fund drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.61% | Mar 14, 2022 | 140 | Sep 30, 2022 | 421 | Jun 5, 2024 | 561 |
| -4.47% | Mar 6, 2020 | 8 | Mar 17, 2020 | 57 | Jun 8, 2020 | 65 |
| -2.45% | Nov 19, 2021 | 57 | Feb 10, 2022 | 12 | Mar 1, 2022 | 69 |
| -1.75% | Mar 18, 2008 | 62 | Jun 13, 2008 | 63 | Sep 15, 2008 | 125 |
| -1.51% | Apr 1, 2004 | 50 | Jun 14, 2004 | 86 | Oct 14, 2004 | 136 |
Volatility
Volatility Chart
The current Invesco Short Duration Inflation Protected Fund volatility is 0.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.