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AADCX Invesco Growth Allocation C

  • Fund
  • AADCX
  • Price as of: Feb 17, 2017
  • $14.52
  • - $0.01
  • - 0.07%
  • Category
  • Diversified Portfolio

AADCX - Profile

Vitals

  • YTD Return 3.8%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 6.0%
  • Net Assets $1.03 B
  • Holdings in Top 10 65.5%

52 WEEK LOW AND HIGH

$14.52
$12.36
$14.53

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.28%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 15.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.40%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Invesco Growth Allocation Fund
  • Fund Family Name Invesco
  • Inception Date Apr 30, 2004
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Jacob Borbidge

Fund Description

The fund is a "fund of funds," and invests its assets in other underlying mutual funds advised by the Adviser and ETFs advised by PowerShares Capital or mutual funds and ETFs advised by unaffiliated advisers. Its target allocation is to invest approximately 70%-90% of its total assets in underlying funds that invest primarily in equity securities, approximately 5%-30% of its total assets in underlying funds that invest primarily in fixed-income securities and approximately 5%-20% of its total assets in alternative asset classes.

AADCX - Performance

Return Ranking - Trailing

Period AADCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.8% -49.2% 10.2% 20.86% 2
1 Yr 14.7% -26.7% 46.7% 15.65% 1
3 Yr 3.5% * -12.4% 12.2% 59.36% 4
5 Yr 6.0% * -10.7% 13.5% 53.13% 3
10 Yr 2.2% * -4.5% 8.1% 90.92% 5

* Annualized


Return Ranking - Calendar

Period AADCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 7.9% -65.8% 23.3% 8.10% 1
2015 -6.1% -37.7% 48.7% 42.46% 3
2014 2.5% -59.3% 22.9% 19.70% 2
2013 13.5% -17.5% 36.4% 24.49% 2
2012 11.6% -16.2% 18.4% 11.45% 1

Total Return Ranking - Trailing

Period AADCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.8% -49.2% 10.2% 20.71% 2
1 Yr 13.7% -28.7% 73.2% 17.87% 1
3 Yr 3.5% * -13.4% 28.2% 50.72% 3
5 Yr 6.0% * -11.1% 13.5% 50.12% 3
10 Yr 2.2% * -4.5% 8.1% 90.77% 5

* Annualized


Total Return Ranking - Calendar

Period AADCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 7.9% -65.6% 32.0% 15.28% 1
2015 -5.4% -29.3% 50.4% 76.98% 5
2014 3.6% -54.8% 25.4% 67.85% 4
2013 14.9% -16.7% 57.2% 49.74% 3
2012 14.5% -16.2% 74.5% 42.62% 3

NAV & Total Return History

AADCX - Holdings

Filings data as of: Dec 31, 2016

Concentration Analysis

AADCX Category Low Category High AADCX % Rank Quintile
Net Assets 1.03 B 81.4 K 104 B 7.67% 2
Number of Holdings 25 1 12590 14.23% 4
Net Assets in Top 10 671 M -654 M 20.8 B 5.54% 2
Weighting of Top 10 65.5% 0.2% 3588.1% 13.55% 3

Top 10 Holdings

  1. Invesco Diversified Dividend R6 11.43%
  2. PowerShares FTSE RAFI Dev Mkts ex-US ETF 5.98%
  3. Invesco International Growth R6 8.03%
  4. Invesco Balanced-Risk Allc R6 4.52%
  5. Invesco Equally-Wtd S&P 500 R6 9.88%
  6. Invesco Comstock R6 5.91%
  7. Invesco American Franchise R6 5.91%
  8. PowerShares Russell Top 200 Pure Gr ETF 5.89%
  9. Invesco Core Plus Bond R6 4.01%
  10. Invesco All Cap Market Neutral R6 3.98%

Asset Allocation

Weighting Category Low Category High AADCX % Rank Quintile
Stocks
73.42% 0.00% 430.63% 5.07% 1
Bonds
14.53% -65.37% 3483.12% 26.40% 5
Cash
10.49% -3422.79% 99.77% 10.21% 2
Other
0.98% -15.48% 99.72% 14.14% 3
Preferred Stocks
0.53% -0.04% 34.85% 6.18% 2
Convertible Bonds
0.04% 0.00% 33.12% 6.59% 3

Stock Sector Breakdown

Weighting Category Low Category High AADCX % Rank Quintile
Financial Services
13.12% -6.29% 69.58% 5.01% 1
Consumer Cyclical
9.99% -7.61% 59.85% 3.20% 1
Technology
8.96% -3.41% 71.08% 10.76% 2
Industrials
8.54% -4.02% 51.36% 5.38% 1
Consumer Defense
7.97% -2.25% 28.70% 1.90% 1
Healthcare
6.23% -3.11% 47.93% 11.27% 3
Energy
4.40% -3.05% 36.37% 8.34% 2
Real Estate
3.97% -8.09% 43.87% 6.40% 2
Utilities
3.47% -6.36% 47.20% 2.64% 1
Communication Services
2.82% -0.67% 27.16% 4.87% 2
Basic Materials
2.81% -1.79% 21.85% 7.46% 2

Stock Geographic Breakdown

Weighting Category Low Category High AADCX % Rank Quintile
US
49.61% -97.12% 337.88% 9.61% 2
Non US
23.81% -2.13% 150.26% 4.07% 1

Bond Sector Breakdown

Weighting Category Low Category High AADCX % Rank Quintile
Cash & Equivalents
10.60% -3405.74% 115.86% 9.89% 2
Government
6.01% -89.50% 3400.32% 17.67% 4
Securitized
4.44% -0.01% 40.90% 14.83% 3
Corporate
4.40% 0.00% 90.42% 25.17% 5
Derivative
0.00% -84.53% 31.50% 2.93% 4
Municipal
0.00% 0.00% 91.52% 7.92% 5

Bond Geographic Breakdown

Weighting Category Low Category High AADCX % Rank Quintile
US
11.36% -108.17% 2519.68% 25.40% 5
Non US
3.17% -189.93% 963.44% 17.71% 4

AADCX - Expenses

Operational Fees

AADCX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.28% 0.00% 165.34% 12.91% 3
Management Fee 0.00% 0.00% 2.55% 5.49% 1
12b-1 Fee 1.00% 0.00% 1.00% 0.06% 5
Administrative Fee N/A 0.00% 0.83% N/A N/A

Sales Fees

AADCX Fees (% of AUM) Category Low Category High AADCX Rank Quintile
Front Load N/A 0.14% 5.75% N/A N/A
Deferred Load 1.00% 0.75% 5.50% 1.46% 4

Trading Fees

AADCX Fees (% of AUM) Category Low Category High AADCX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AADCX Fees (% of AUM) Category Low Category High AADCX Rank Quintile
Turnover 15.00% 0.00% 5609.00% 13.08% 1

AADCX - Distributions

Dividend Yield Analysis

AADCX Category Low Category High AADCX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 28.36% 2

Dividend Distribution Analysis

AADCX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AADCX Category Low Category High AADCX % Rank Quintile
Net Income Ratio 0.40% -2.67% 9.94% 17.95% 5

Capital Gain Distribution Analysis

AADCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

AADCX - Managers

Jacob Borbidge

Manager

Start Date

Feb 17, 2016

Tenure

0.96

Tenure Rank

6.8%

Jacob Borbidge is a Portfolio Manager and the Head of Research for the Invesco Global Solutions Development & Implementation team, which provides customized multi-asset investment strategies for institutional and retail clients. In this role, Mr. Borbidge is responsible for directing the research and portfolio implementation efforts of the team’s investment process. This involves setting the research agenda, defining portfolio implementation methodology, and providing in-depth presentations of the investment process to internal and external teams. Previously, Mr. Borbidge spent 10 years as an analyst for the Invesco Global Quantitative Strategies team. Prior to joining Invesco in 2004, he was a mechanical engineer with ExxonMobil. Mr. Borbidge earned a BS degree in mechanical engineering from Lehigh University and an MS degree in finance from the University of Houston. He is a CFA (Chartered Financial Analyst) and CAIA (Chartered Alternative Investment Analyst) charterholder, and he regularly lectures on the topic of quantitative finance for the graduate program at the University of Houston.


Duy Nguyen

Manager

Start Date

Feb 17, 2016

Tenure

0.96

Tenure Rank

6.8%

Duy Nguyen is a PM and CIO of the Invesco Global Solutions team, which provides customized multi-asset investment strategies for clients. He is responsible for the overall strategy and direction of the investment process. Prior to joining Invesco in 2000, he served as AVP and quantitative equity analyst for Van Kampen, as well as VP and director of quantitative services of FactSet. He earned a BBA at The University of Texas at Austin and an MS degree from the University of Houston. He is a CFA and CAIA charterholder.


Tenure Analysis

Category Low

0.0

Category High

36.1

Category Average

5.46

Category Mode

2.8