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Founded in 1978, Invesco Ltd had preliminary assets under management of $928.4 billion as of Oct 31, 2017. With nearly 750 investment professionals and more than 6,000 employees, the company offers a wide range of financial services through offices in 20 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.
Invesco SmallCapValue Y (VSMIX - Free Report) seeks capital growth for the long run. VSMIX invests a bulk of its assets in equity securities, including common stocks of small-cap companies that are expected to be undervalued. Invesco SmallCapValue Y has three-year annualized returns of 6.8%.
As of December 2017, VSMIX held 68 issues, with 3.50% of its assets invested in LPL Financial Holdings Inc.
Invesco Summit P (SMMIX - Free Report) invests mainly in equity securities of companies of all market caps. SMMIX invests in those companies, which are expected to have strong revenue or earnings growth prospects. The fund seeks capital appreciation for the long run. It may also invest around one-fourth of its assets in securities of foreign companies. Invesco Summit P has three-year annualized returns of 12.3%.
Ido Cohen is one of the fund managers of SMMIX since 2013.
Invesco High Yield Municipal Y (ACTDX - Free Report) seeks income free from federal tax and taxable capital growth. ACTDX invests a chunk of its assets in municipal securities, with special emphasis on high-yield bonds. Invesco High Yield Municipal Y has three-year annualized returns of 4.8%.
ACTDX has an expense ratio of 0.62% compared with the category average of 0.96%.
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3 Invesco Mutual Funds Worth Investing In
Founded in 1978, Invesco Ltd had preliminary assets under management of $928.4 billion as of Oct 31, 2017. With nearly 750 investment professionals and more than 6,000 employees, the company offers a wide range of financial services through offices in 20 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 best-ranked Invesco mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future. Investors can click here to see the complete list of Invesco funds, their Zacks Rank and past performance.
Invesco SmallCapValue Y (VSMIX - Free Report) seeks capital growth for the long run. VSMIX invests a bulk of its assets in equity securities, including common stocks of small-cap companies that are expected to be undervalued. Invesco SmallCapValue Y has three-year annualized returns of 6.8%.
As of December 2017, VSMIX held 68 issues, with 3.50% of its assets invested in LPL Financial Holdings Inc.
Invesco Summit P (SMMIX - Free Report) invests mainly in equity securities of companies of all market caps. SMMIX invests in those companies, which are expected to have strong revenue or earnings growth prospects. The fund seeks capital appreciation for the long run. It may also invest around one-fourth of its assets in securities of foreign companies. Invesco Summit P has three-year annualized returns of 12.3%.
Ido Cohen is one of the fund managers of SMMIX since 2013.
Invesco High Yield Municipal Y (ACTDX - Free Report) seeks income free from federal tax and taxable capital growth. ACTDX invests a chunk of its assets in municipal securities, with special emphasis on high-yield bonds. Invesco High Yield Municipal Y has three-year annualized returns of 4.8%.
ACTDX has an expense ratio of 0.62% compared with the category average of 0.96%.
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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