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3 Invesco Mutual Funds to Add to Your Portfolio

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With more than $928.4 billion of assets under management, Invesco Ltd offers financial solutions through a diverse set of investment vehicles across major equity, fixed income and alternative asset classes. This leading global investment management company caters to a wide range of mutual funds, including both equity and fixed income funds, and domestic and international funds. With nearly more than 6,500 investment professional and employees, the company offers financial services worldwide through offices in 20 countries.

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 Invesco funds, their Zacks Rank and past performance.

Invesco Corporate Bond Y (ACCHX - Free Report) seeks current income through preservation of capital. ACCHX invests a large share of its assets in bonds issued by corporate issuers. The fund is expected to invest a minimum of 65% of its assets in securities that are rated investment-grade. Invesco Corporate Bond Y has three-year annualized returns of 3.4%.

Charles Burge has been one of the fund managers of ACCHX since 2010.

Invesco High Yield Municipal A (ACTHX - Free Report) seeks current income exempted from federal tax. ACTHX invests the majority of its assets in municipal securities. The fund invests a minimum 75% of its assets in higher-yielding municipal securities, while it invests a maximum 25% of its assets in industrial development revenue bonds that are issued for companies in the same industry. Invesco High Yield Municipal A fund has returned 4.5% over the last three years.

ACTHX has an expense ratio of 0.87% as compared with the category average of 0.96%.

Invesco Summit A (ASMMX - Free Report) invests in equities of companies irrespective of their market capitalization. ASMMX invests in companies that are believed to have impressive growth prospects. ASMMX avoids companies that derive earnings from sectors including alcohol, tobacco and gambling. ASMMX may also invest a maximum of 25% of its assets in companies located abroad. The Invesco Summit A fund has returned 12.9% in the last three years.

As of December 2017, ASMMX held 103 issues, with 6.87% of its total assets invested in Alphabet Inc C.

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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