Fund Evaluator:
Invesco Senior Floating Rate R6 (OOSIX)
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Best Performing in Bank Loan Over the Last Year
| 5.4% | Fidelity Advisor Floating Rate Hi Inc Z (FIQSX) |
| 5.3% | Fidelity Floating Rate High Income (FFRHX) |
| 4.9% | American Beacon DoubleLine Fltng Rt Inv (ADLPX) |
| 4.9% | Aristotle Floating Rate Income I-2 (PLFDX) |
| 4.7% | American Beacon DoubleLine Fltng Rt C (ADLCX) |
Fund Details
Invesco Senior Floating Rate R6 Overview
Invesco Senior Floating Rate R6 (OOSIX) is an actively managed Taxable Bond Bank Loan fund. Invesco launched the fund in 2012.
The investment seeks income. The fund invests mainly in floating rate loans that hold a senior position in the capital structure of U.S. and foreign corporations, partnerships or other business entities that, under normal circumstances, allow them to have priority of claim ahead of other obligations of a borrower in the event of liquidation. Under normal market conditions, it will invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in Senior Loans, and in derivatives and other instruments that have economic characteristics similar to such securities.
About Invesco Senior Floating Rate R6 (OOSIX)
There are 3 members of the management team with an average tenure of 7.45 years: Philip Yarrow (2020), David Lukkes (2015), Thomas Ewald (2020). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and JPM Leveraged Loan TR USD index with a weighting of 100%. Invesco Senior Floating Rate R6 has 485 securities in its portfolio. The top 10 holdings constitute 9.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Invesco Senior Floating Rate R6 is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Invesco Senior Floating Rate R6 has 36.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 3.5%. There is 0.1% allocated to foreign stock, and 0.6% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 89.7% (53.4% domestic bond, 36.3% foreign bond and 0.0% convertible bond). Invesco Senior Floating Rate R6 has 4.1% of the portfolio in cash.
Assets Under Management
The fund has $132 million in total assets, which is below the $344 million average for the Bank Loan category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
OOSIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco Senior Floating Rate R6 expense ratio is above average compared to funds in the Bank Loan category. Invesco Senior Floating Rate R6 has an expense ratio of 0.78%, which is 26% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. A portfolio turnover rate cannot be currently calculated for Invesco Senior Floating Rate R6. By way of comparison, the average portfolio turnover is 62% for the Bank Loan category.
Recently, in the month of July 2026, Invesco Senior Floating Rate R6 returned 0.5%, which earned it a grade of D, as the Bank Loan category had an average return of 0.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Invesco Senior Floating Rate R6 has a trailing yield of 7.89%, which is above the 6.73% category average. The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Invesco Senior Floating Rate R6 Grades
Year to date, the fund has returned 1.5%, 0.4 percentage points worse than the category, which translates into a grade of D. The fund has returned 3.3% over the past year (grade of D), 6.9% over the past three years (grade of B) and 6.1% per year over the past five years (grade of A) and 4.4% per year over the past 10 years (grade of C).
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OOSIX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| OOSIX Return (NAV) | 0.5% | 0.8% | 3.3% | 6.9% | 6.1% | 4.4% |
| OOSIX Grade | D | F | D | B | A | C |
| +/- Category | -0.1% | -0.4% | -0.5% | 0.3% | 1.0% | -0.1% |
| Bank Loan Avg | 0.6% | 1.2% | 3.8% | 6.6% | 5.2% | 4.4% |
| OOSIX Tax Cost Ratio | na | na | 3.1% | 3.4% | 3.3% | 2.6% |
OOSIX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| OOSIX Return (NAV) | 1.5% | 5.4% | 8.8% | 11.9% | -0.1% | 9.2% | -4.1% | 2.7% | -0.7% | 4.2% | 13.1% |
| OOSIX Grade | D | B | A | C | A | A | F | F | D | B | A |
| +/- Category | -0.4% | 0.3% | 0.6% | -0.2% | 2.2% | 4.5% | -5.4% | -4.9% | -0.3% | 0.6% | 3.9% |
| Bank Loan Avg | 1.9% | 5.1% | 8.2% | 12.1% | -2.3% | 4.7% | 1.3% | 7.6% | -0.4% | 3.7% | 9.2% |
| Risk Measures | |
| Standard Deviation: | 2.1% |
| Total Risk Index: | 0.17 - Low |
| Category Risk Index: | 1.05 - Above Average |
| Category Risk Grade: | D (80% Rank) |
| Beta: | 0.01 |
| R-Squared: | 0% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 7.9% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $2462 Mil |
| Fund Total Assets: | $ 133 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 10.8 years | |||
| Average Tenure: 7.4 years | |||
| Managers (Year): Lukkes David (2015), Ewald Thomas (2020), Yarrow Philip (2020) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 485 |
| % in Top 10 Holdings: | 9.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 36.4% |
Portfolio Allocation |
|
| Domestic Stock: | 3.5% |
| Foreign Stock: | 0.1% |
| Preferred Stock: | 0.6% |
| Domestic Bond: | 53.4% |
| Foreign Bond: | 36.3% |
| Convertible Bond: | 0.0% |
| Other: | 2.1% |
| Cash: | 4.1% |
Purchase Information
| Fund Family: | Invesco |
| Phone Number: | 800-959-4246 |
| Website: | www.invesco.com |
| Status: | Open |
| Inception Date: | October 26, 2012 |
| Min. Initial Purchase: | $1,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.78% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 1.05% |
| Share Class: | Invesco Senior Floating Rate A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
