Level Two: Manager Fact Sheet
Used in the Directed Account Plan Stable Value Option
as of 12/30/11
The objective of the Invesco Interest Income portfolio is preservation of capital and interest income reasonably obtained under prevailing market conditions, maintenance of liquidity for inter-fund transfers and withdrawals, and active management to take advantage of changes in or inefficiencies in the yield curve.
Top Five Sectors (%)
| US Treasury | 25.1 |
| MBS | 17.7 |
| Municipals | 12.3 |
| MBS Agency Pass Thru | 9.8 |
| CMBS | 7.4 |
These holdings are not indicative of future portfolio composition. Because this is a managed portfolio, the investment mix will change.
Portfolio Characteristics
| Yield (Stable Value Fund) | 3.57% |
| Duration (Stable Value Fund) | 3.6 yrs |
Portfolio Quality
| AAA | 81.1% |
| AA | 3.1% |
| A | 7.6% |
| BBB | 4.6% |
| <BBB | 0.3% |
Annual Performance
Comparison to Benchmark
Eligible Underlying Investments
Publicly or privately issued fixed, floating or variable rate obligation of the following entities:
- U.S. Treasury
- U.S. Agency Obligations
- Adjustable Rate Mortgage Obligations of U.S. Agencies
- Fixed Income Securities
- Trusts, including INVESCO Group Trust for Retirement Savings or other similar Trusts
Investment Constraints
Traditional investment contracts issued by insurance companies, banks, or other institutions must be rated AA or better under Invesco’s credit rating system.
Fixed Income Securities must be rated:
- A or better, if highly liquid and marketable
- AA or better, if not publicly traded or if not highly liquid
* Note
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.