AGVYX

About AGVYX

Invesco Income Fund Class Y is a diversified mutual fund focused on generating current income with a secondary goal of capital appreciation. The strategy invests primarily in fixed-income securities and can use derivatives and other instruments with similar economic characteristics to manage duration and access additional sources of return. The portfolio emphasizes nontraditional bond segments, notably securitized credit across non-agency mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities, complemented by agency MBS and selective Treasury positioning. The fund employs a flexible, opportunistic approach to interest-rate exposure, aiming for lower duration relative to traditional core bond strategies while seeking higher yield potential. It is categorized in the nontraditional bond group, reflecting its ability to take both long and short positions, employ a broad derivative toolkit, and operate with fewer constraints on sector and credit exposures. Key portfolio traits have included moderate effective duration and a diversified quality mix spanning AAA through BBB and below, managed by an experienced multi-manager team with monthly distributions.