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3 Invesco Mutual Funds That Offer Appealing Returns

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With around $1.49 trillion worth of assets under management as of Sep 30, 2023, Invesco Ltd. offers financial solutions through a diverse set of investment vehicles across major equity, fixed-income and alternative asset classes.

This top-notch global investment management company caters to a wide range of mutual funds, including equity and fixed-income funds, and domestic and international funds. The company has more than 8,400 employees and offers financial services worldwide through offices in 20 countries.

Below, we share with you three Invesco mutual funds, namely Invesco SteelPath MLP Income Fund (MLPDX - Free Report) , Invesco Comstock A (ACSTX - Free Report) and Invesco Small Cap Value (VSRAX - Free Report) . 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 SteelPath MLP Income Fund invests most of its assets along with borrowings, if any, in master limited partnership of companies engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. MLPDX advisors also invest in derivatives and other instruments with similar economic characteristics in the same industry.

Invesco SteelPath MLP Income Fund has three-year annualized returns of 40%. As of the end of May 2023, MLPDX had 29 issues and invested 14.2% of its net assets in Energy Transfer.

Invesco Comstock fund invests most of its assets, along with borrowings, if any, in common stocks, derivatives and other instruments, preferably of large market-capitalization companies. ACSTX advisors also invest in real estate investment trusts.

Invesco Comstock fundhas three-year annualized returns of 19.5%. ACSTX has an expense ratio of 0.81% compared with the category average of 0.94%.

Invesco Small Cap Value fund invests most of its assets, along with borrowings, if any, in common stocks of small-capitalization companies, which, according to the fund’s advisors, are undervalued. VSRAX advisors also invest in derivatives, or other instruments with the same economic characteristics.

Invesco Small Cap Value fund has three-year annualized returns of 29.8%. Jonathan Mueller has been one of the fund managers of VSRAX since June 2010.

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.

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