XPRTX

About XPRTX

Invesco Senior Loan Fund Class IB is an open-end mutual fund focused on **floating-rate senior secured loans** to non-investment-grade corporate borrowers. Its primary objective is to deliver a **high level of current income** while emphasizing **capital preservation**, primarily by investing at least 80% of net assets in adjustable-rate senior loans whose coupons typically reset with **short-term benchmarks** such as SOFR or similar references. These features can reduce interest-rate sensitivity relative to fixed-rate bonds while exposing the portfolio to **credit risk** inherent in below investment-grade issuers. The strategy targets the **leveraged loan** segment across diversified industries, reflected in holdings that include secured term loans from large and middle-market companies. The fund’s role in the market is to provide **income-oriented exposure** to the bank-loan asset class, offering floating-rate characteristics that can complement traditional core bond allocations and potentially enhance diversification versus broad aggregate bond benchmarks. According to fund materials and third-party profiles, the product emphasizes liquidity and leverage risk disclosures and has a management team overseeing a diversified, actively managed loan portfolio.