MLNFX Performance — Invesco Master Loan Fund, Class R6
Data updated: 2024-01-29
MLNFX returned −6.03% over one year to Nov 2023. The annualised 3-year return is +1.06%. The fund trailed its Alternative category average: $100 invested three years ago grew to $103, against $105 for the category, and to $94 over one year, against $108. Volatility over the past three years was 6.80% a year. In the 12 months to Nov 2023 the fund lost a net $140.3M, and assets reached $14.21M.
MLNFX Growth of $100
What $100 invested in Invesco Master Loan Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | MLNFX | Category average |
|---|---|---|
| 1 year (Dec 2022 – Nov 2023) | $94 | $108 |
| 3 years (Dec 2020 – Nov 2023) | $103 | $105 |
| Since data start (Sep 2019 – Nov 2023) | $96 | $116 |
MLNFX Trailing Returns
Total returns to Nov 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −6.03% |
| 3 years (annualised) | +1.06% |
MLNFX Annual Returns
Calendar-year total returns of Invesco Master Loan Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Nov) | −6.26% |
| 2022 | +0.81% |
| 2021 | +7.63% |
| 2020 | −5.60% |
| 2019 (Sep–Dec) | −0.12% |
MLNFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +1.7% | +0.4% | −0.3% | +0.6% | +0.2% | +1.2% | +0.8% | −3.4% | +3.1% | −8.7% | −1.4% | — |
| 2022 | +0.2% | −0.1% | +0.9% | 0.0% | −2.4% | −2.5% | +1.7% | +2.0% | −0.8% | +0.8% | +0.9% | +0.3% |
| 2021 | +1.3% | +0.5% | +0.5% | +0.7% | +0.8% | +0.7% | +0.4% | +1.0% | +0.6% | +0.9% | −0.4% | +0.4% |
| 2020 | −1.0% | −2.3% | −12.7% | +1.4% | +2.6% | +0.6% | +1.9% | +0.4% | +0.3% | −0.2% | +2.7% | +1.5% |
| 2019 | — | — | — | — | — | — | — | — | −0.5% | −0.8% | 0.0% | +1.2% |
MLNFX Risk
Risk measures from monthly returns over Dec 2020 – Nov 2023.
- 3-year volatility (annualised): 6.80%
- 3-year Sharpe ratio: -0.51 (vs 4.5% risk-free rate)
- Best month: +3.11% (Sep 2023)
- Worst month: −8.70% (Oct 2023)
MLNFX Fund Flows
Monthly money in and out of Invesco Master Loan Fund, from SEC Form N-PORT.
- 12-month net flow: −$140.3M
- 12-month gross sales (incl. reinvestments): $10.9M
- Sales ÷ redemptions: 0.07×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2023 | $2 | $0 | $2 |
| Oct 2023 | $66K | $5.0M | −$4.9M |
| Sep 2023 | $527K | $20.0M | −$19.5M |
| Aug 2023 | $1.1M | $95.0M | −$93.9M |
| Jul 2023 | $1.8M | $0 | $1.8M |
| Jun 2023 | $1.1M | $18.6M | −$17.5M |
| May 2023 | $1.1M | $0 | $1.1M |
| Apr 2023 | $1.0M | $1.1M | −$127K |
| Mar 2023 | $947K | $0 | $947K |
| Feb 2023 | $1.2M | $0 | $1.2M |
| Jan 2023 | $1.2M | $0 | $1.2M |
| Dec 2022 | $1.0M | $11.5M | −$10.5M |
MLNFX Assets Under Management
Net assets of Invesco Master Loan Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-11-30 | $14.21M |
| 2023-08-31 | $39.98M |
| 2023-05-31 | $152.27M |
| 2023-02-28 | $152.90M |
| 2022-11-30 | $160.84M |
| 2022-08-31 | $175.58M |
| 2022-05-31 | $176.96M |
| 2022-02-28 | $183.38M |
| 2021-11-30 | $189.24M |
| 2021-08-31 | $196.85M |
| 2021-05-31 | $226.54M |
| 2021-02-28 | $199.32M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.