3 Invesco Mutual Funds for Prolific Returns

OGMYX ACGMX OPOCX

Founded in 1978, Invesco Ltd. had $1.531 trillion preliminary assets under management as of Feb 28, 2022. With nearly 750 investment professionals and more than 8,000 employees, the company offers a wide range of financial services throughout its offices in 25 countries.

This renowned global investment management company offers financial solutions through a diverse set of investment vehicles across major equity, fixed income and alternative asset classes. Mutual funds managed by the company include both equity and fixed-income funds, and domestic and international funds.

Below we share with you three top-ranked Invesco mutual funds, viz., Invesco Gold & Special Minerals Fund Class Y (OGMYX - Free Report) , Invesco Discovery Fund Class A (OPOCX - Free Report) , and Invesco Growth and Income Fund Class Y (ACGMX - Free Report) . Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Invesco mutual funds.

Invesco Gold & Special Minerals Fund Class Y seeks capital appreciation. OGMYX invests primarily in common stocks of companies involved in mining, processing or dealing in gold or other metals or minerals, and precious metals-related ETFs.

Invesco Gold & Special Minerals Fund Class Y has three-year annualized returns of 26.4%. As of January 2022, OGMYX held 117 issues, with 6.1% of its assets invested in Newmont Corporation.

Invesco Discovery Fund Class A seeks capital appreciation by investing mainly in common stocks of small-cap companies having favorable growth prospects.

Invesco Discovery Fund Class A has three-year annualized returns of 18.7%. Ronald J. Zibelli Jr. has been one of the fund managers of OPOCX since 2006.

Invesco Growth and Income Fund Class Y invests primarily in income-producing equity securities, including common stocks and convertible securities, mainly in large-cap companies.

Invesco Growth and Income Fund Class Y has three-year annualized returns of 14.3%. ACGMX has an expense ratio of 0.56% compared with the category average of 0.94%.

To view the Zacks Rank and the past performance of all Invesco mutual funds, investors can click here to see the complete list of Invesco mutual funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>