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3 Must-Have Invesco Mutual Funds for a Steady Portfolio

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Founded in 1978, Invesco Ltd. had preliminary assets under management of $1.2 trillion as of Nov 30, 2020. With nearly 750 investment professionals and more than 8,000 employees, the company offers a wide range of financial services through 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. Each has earned 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 funds, their Zacks Rank and past performance.

Invesco Core Plus Bond Fund Class A (ACPSX - Free Report) aims for total return that encompasses current income and capital appreciation. The fund invests the majority of its net assets in fixed income securities and in derivatives and other instruments. However, investment grade fixed-income securities generally represented by the Bloomberg Barclays U.S. Aggregate Bond Index are given primary focus. ACPSX has returned 5.7% over the past three years.

ACPSX has an expense ratio of 0.76% compared with the category average of 0.80%.

Invesco Gold & Special Minerals Fund Class A (OPGSX - Free Report) aims for capital appreciation. The fund managers invest in common stocks of companies involved in mining, processing or dealing in gold or other metals or minerals, gold bullion, other physical metals, and precious metals-related ETFs. OPGSX has returned 20.4% in the past three years.

Shanquan Li is one of the fund managers of OPGSX since 1997.

Invesco Emerging Markets Select Equity Fund Class Y aims for long-term capital growth. The fund invests the majority of its assets in equity securities of issuers in the emerging markets countries. It invests primarily in equity securities and depositary receipts, and common as well as preferred stocks. IEMYX has three-year annualized returns of 9%.

As of the end of September 2020, ASMMX held 51 issues, with 7.92% of its total assets invested in Alibaba Group Holding Ltd ADR.

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

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