Invesco Core Bond Fund (OPIGX)
Under normal market conditions, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in investment-grade debt securities (generally referred to as "bonds"), and in derivatives and other instruments that have economic characteristics similar to such securities. The fund invests in securities that are rated investment-grade at the time of purchase.
Fund Info
| ISIN | US00143W1071 |
|---|---|
| CUSIP | 00143W107 |
| Issuer | Invesco |
| Inception Date | Apr 15, 1988 |
| Category | Intermediate Core Bond |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
OPIGX features an expense ratio of 0.71%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: OPIGX vs. BAGIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Core Bond 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 Core Bond Fund had a return of 2.32% year-to-date (YTD) and 9.33% in the last 12 months. Over the past 10 years, Invesco Core Bond Fund had an annualized return of 0.93%, while the S&P 500 had an annualized return of 11.39%, indicating that Invesco Core Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.32% | 25.45% |
| 1 month | -1.38% | 2.91% |
| 6 months | 3.33% | 14.05% |
| 1 year | 9.33% | 35.64% |
| 5 years (annualized) | -1.28% | 14.13% |
| 10 years (annualized) | 0.93% | 11.39% |
Monthly Returns
The table below presents the monthly returns of OPIGX, 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 | 0.02% | -1.21% | 0.91% | -2.29% | 1.66% | 0.92% | 2.35% | 1.60% | 1.40% | -2.56% | 2.32% | ||
| 2023 | 3.50% | -2.41% | 1.57% | 0.51% | -1.05% | -0.37% | 0.16% | -0.73% | -2.49% | -1.82% | 4.92% | 3.76% | 5.33% |
| 2022 | -2.21% | -1.36% | -2.60% | -4.10% | 0.00% | -2.11% | 2.41% | -2.56% | -4.50% | -1.51% | 3.96% | -0.09% | -14.01% |
| 2021 | -0.60% | -1.17% | -1.05% | 0.85% | 0.26% | 0.55% | 0.99% | -0.17% | -0.87% | -0.14% | 0.00% | -0.22% | -1.58% |
| 2020 | 2.07% | 1.73% | -2.58% | 2.62% | 1.30% | 1.71% | -2.81% | -0.70% | 0.11% | -0.42% | 1.28% | -1.43% | 2.73% |
| 2019 | 1.65% | 0.12% | 1.93% | 0.28% | 1.58% | 1.27% | 0.23% | 2.54% | -0.62% | 0.37% | -0.08% | -0.41% | 9.16% |
| 2018 | -0.92% | -1.09% | 0.11% | -0.49% | 0.27% | -0.03% | 0.43% | 0.42% | -0.20% | -0.95% | 0.14% | 1.23% | -1.10% |
| 2017 | 0.36% | 0.78% | -0.22% | 0.96% | 0.82% | 0.10% | 0.66% | 0.54% | -0.36% | 0.22% | -0.20% | 0.58% | 4.31% |
| 2016 | 0.97% | 0.37% | 1.10% | 0.64% | 0.06% | 1.51% | 1.19% | -0.10% | 0.04% | -0.81% | -2.39% | 0.22% | 2.78% |
| 2015 | 1.99% | -0.34% | 0.40% | -0.30% | -0.32% | -1.34% | 0.85% | -0.48% | 0.41% | 0.41% | -0.22% | -0.53% | 0.51% |
| 2014 | 1.34% | 0.87% | 0.02% | 0.98% | 1.28% | 0.25% | -0.32% | 1.01% | -0.75% | 0.87% | 0.54% | 0.07% | 6.32% |
| 2013 | -0.11% | 0.43% | 0.33% | 1.32% | -1.55% | -2.31% | 0.25% | -0.30% | 0.91% | 1.35% | -0.26% | 0.11% | 0.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of OPIGX is 20, indicating that it is in the bottom 20% 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 Core Bond Fund (OPIGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Core Bond Fund provided a 4.58% dividend yield over the last twelve months, with an annual payout of $0.26 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.24 | $0.17 | $0.12 | $0.14 | $0.20 | $0.21 | $0.19 | $0.17 | $0.22 | $0.23 | $0.28 |
Dividend yield | 4.58% | 4.23% | 3.05% | 1.75% | 2.01% | 2.81% | 3.23% | 2.74% | 2.49% | 3.20% | 3.32% | 4.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Core Bond 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.21 | |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.24 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.17 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 | $0.12 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.20 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2017 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.17 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.23 |
| 2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.28 |
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 Core Bond 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 Core Bond Fund was 46.77%, occurring on Nov 20, 2008. Recovery took 1915 trading sessions.
The current Invesco Core Bond Fund drawdown is 12.86%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -46.77% | May 22, 2008 | 127 | Nov 20, 2008 | 1915 | Jul 5, 2016 | 2042 |
| -23.22% | Jul 16, 2020 | 573 | Oct 21, 2022 | — | — | — |
| -8.34% | Jan 16, 2008 | 38 | Mar 11, 2008 | 47 | May 16, 2008 | 85 |
| -8.19% | Mar 10, 2020 | 8 | Mar 19, 2020 | 55 | Jun 8, 2020 | 63 |
| -7.58% | Oct 18, 1993 | 146 | May 9, 1994 | 243 | Apr 13, 1995 | 389 |
Volatility
Volatility Chart
The current Invesco Core Bond Fund volatility is 1.54%, 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.