Joseph Portera - Invesco High Fund Manager
| AMHYX Fund | USD 3.47 0.01 0.29% |
Joseph Portera serves as Chief Investment Officer, High Yield and Multi Sector Credit with Invesco Fixed Income. He is a member of the Office of the Chief Investment Officer. Prior to joining Invesco in 2012, Mr. Portera spent three years at Hartford Investment Management as a managing director and lead portfolio manager and was a senior member of the Global Fixed Income investment platform at Mackay Shields. He entered the industry in 1981. Mr. Portera earned a BA degree in Soviet studies and an MA degree in international political economy and development from Fordham University.
| Phone | 800-959-4246 |
Invesco High Management Performance (%)
Similar Money Managers
| Found 2 records | One Year Return | ||
| Edward Fane | Morningstar Unconstrained Alloc | N/A | |
| John Mulquiney | Morningstar Unconstrained Alloc | N/A | |
Invesco Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right mutual fund is not an easy task. Is Invesco High a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Price To Earning | 14.68 X | |||
| Total Asset | 545.13 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 0.02 % | |||
| One Year Return | 6.92 % | |||
| Three Year Return | 0.65 % | |||
| Five Year Return | 2.16 % | |||
| Ten Year Return | 4.98 % | |||
| Net Asset | 1.04 B | |||
| Last Dividend Paid | 0.02 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Invesco High in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Invesco High's short interest history, or implied volatility extrapolated from Invesco High options trading.
Pair Trading with Invesco High
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Invesco High position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Invesco High will appreciate offsetting losses from the drop in the long position's value.Moving together with Invesco Mutual Fund
| 0.67 | VMINX | Invesco Municipal | PairCorr |
| 0.67 | VMIIX | Invesco Municipal | PairCorr |
| 0.88 | OARDX | Oppenheimer Rising | PairCorr |
The ability to find closely correlated positions to Invesco High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Invesco High when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Invesco High - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Invesco High Yield to buy it.
The correlation of Invesco High is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Invesco High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Invesco High Yield moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Invesco High can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.