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LCEAX Invesco Diversified Dividend A

  • Fund
  • LCEAX
  • Price as of: Aug 08, 2016
  • $19.21
  • - $0.00
  • - 0.00%
  • Category
  • Total Dividend

LCEAX - Profile

Vitals

  • YTD Return 9.3%
  • 3 Yr Annualized Return 10.6%
  • 5 Yr Annualized Return 13.2%
  • Net Assets $17.7 B
  • Holdings in Top 10 24.6%

52 WEEK LOW AND HIGH

$19.21
$16.42
$19.32

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.83%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 11.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Total Dividend
  • Fund Type Open End Mutual Fund
  • Investment Style Large Value

Distributions

  • YTD Total Return 9.3%
  • 3 Yr Annualized Total Return 8.5%
  • 5 Yr Annualized Total Return 11.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.63%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Invesco Diversified Dividend Fund
  • Fund Family Name Invesco
  • Inception Date Dec 31, 2001
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Robert Botard

LCEAX - Performance

Return Ranking - Trailing

Period LCEAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.3% -24.4% 25.0% 22.70% 2
1 Yr 7.0% -18.5% 18.1% 29.84% 2
3 Yr 10.6% * -8.3% 12.3% 6.12% 1
5 Yr 13.2% * -6.4% 15.4% 4.85% 1
10 Yr 8.2% * -4.0% 10.5% 8.84% 1

* Annualized


Return Ranking - Calendar

Period LCEAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.9% -27.5% 3.6% 21.80% 2
2014 N/A 8.1% 8.1% N/A N/A
2013 N/A 28.4% 28.4% N/A N/A
2012 N/A 7.9% 7.9% N/A N/A
2011 N/A 7.2% 7.2% N/A N/A

Total Return Ranking - Trailing

Period LCEAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.3% -24.4% 25.0% 22.67% 2
1 Yr 1.1% -21.6% 18.1% 52.45% 3
3 Yr 8.5% * -9.4% 12.3% 29.52% 2
5 Yr 11.9% * -6.8% 15.4% 15.53% 1
10 Yr 7.6% * -4.0% 10.5% 19.28% 1

* Annualized


Total Return Ranking - Calendar

Period LCEAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.9% -27.5% 3.6% 21.91% 2
2014 N/A 9.4% 9.4% N/A N/A
2013 N/A 32.8% 32.8% N/A N/A
2012 N/A 11.1% 11.1% N/A N/A
2011 N/A 10.4% 10.4% N/A N/A

NAV & Total Return History

LCEAX - Holdings

Filings data as of: Mar 31, 2016

Concentration Analysis

LCEAX Category Low Category High LCEAX % Rank Quintile
Net Assets 17.7 B 333 K 31.5 B 1.17% 1
Number of Holdings 80 6 1781 9.56% 3
Net Assets in Top 10 3.43 B -663 K 8.19 B 1.86% 1
Weighting of Top 10 24.6% 5.3% 88.0% 21.45% 4

Top 10 Holdings

  1. General Mills Inc 3.42%
  2. Heineken NV 2.16%
  3. Campbell Soup Co 2.79%
  4. AT&T Inc 3.01%
  5. Coca-Cola Co 2.95%
  6. The Kraft Heinz Co 1.98%
  7. PPL Corp 1.87%
  8. Exelon Corp 2.29%
  9. The Hartford Financial Services Group Inc 2.25%
  10. Suncor Energy Inc 1.87%

Asset Allocation

Weighting Category Low Category High LCEAX % Rank Quintile
Stocks
87.06% 21.35% 100.28% 25.64% 5
Cash
12.94% -0.27% 50.52% 2.80% 1
Other
0.00% -6.84% 11.74% 12.82% 4
Convertible Bonds
0.00% 0.00% 8.06% 2.80% 3
Preferred Stocks
0.00% 0.00% 26.41% 4.66% 3
Bonds
0.00% 0.00% 70.27% 5.13% 3

Stock Sector Breakdown

Weighting Category Low Category High LCEAX % Rank Quintile
Consumer Defense
27.59% 0.00% 27.69% 0.47% 1
Utilities
12.56% 0.00% 38.60% 2.56% 1
Financial Services
12.33% 0.00% 29.08% 17.72% 3
Industrials
9.65% 0.00% 30.17% 20.28% 4
Consumer Cyclical
8.28% 0.00% 36.79% 16.55% 3
Energy
5.54% 0.00% 31.60% 21.91% 4
Communication Services
4.20% 0.00% 39.83% 19.11% 4
Healthcare
4.13% 0.00% 21.83% 27.97% 5
Basic Materials
1.72% 0.00% 11.25% 22.84% 4
Technology
1.05% 0.00% 27.82% 30.30% 5
Real Estate
0.00% 0.00% 20.11% 19.11% 4

Stock Geographic Breakdown

Weighting Category Low Category High LCEAX % Rank Quintile
US
76.11% 0.00% 99.70% 19.35% 3
Non US
10.95% 0.00% 99.57% 11.89% 3

LCEAX - Expenses

Operational Fees

LCEAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.83% 0.09% 51.52% 39.16% 1
Management Fee 0.41% 0.08% 1.25% 8.39% 1
12b-1 Fee 0.25% 0.00% 1.00% 3.30% 2
Administrative Fee N/A 0.00% 0.85% N/A N/A

Sales Fees

LCEAX Fees (% of AUM) Category Low Category High LCEAX Rank Quintile
Front Load 5.50% 0.00% 5.75% 2.33% 2
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

LCEAX Fees (% of AUM) Category Low Category High LCEAX Rank Quintile
Max Redemption Fee N/A 0.50% 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.

LCEAX Fees (% of AUM) Category Low Category High LCEAX Rank Quintile
Turnover 11.00% 5.00% 398.80% 22.38% 1

LCEAX - Distributions

Dividend Yield Analysis

LCEAX Category Low Category High LCEAX % Rank Quintile
Dividend Yield 0.3% 0.00% 2.15% 47.32% 3

Dividend Distribution Analysis

LCEAX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

LCEAX Category Low Category High LCEAX % Rank Quintile
Net Income Ratio 1.63% -1.26% 6.28% 38.23% 4

Capital Gain Distribution Analysis

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

LCEAX - Managers

Robert Botard

Manager

Start Date

Feb 28, 2014

Tenure

2.42

Tenure Rank

13.3%

Robert Botard is a portfolio manager for the Invesco Diversified Dividend Fund and Invesco Dividend Income Fund and a member of the Dividend Value Team. Mr. Botard began his career in 1991 with Transamerica and joined Invesco in 1993. He became a quantitative analyst in 1997 after returning to Invesco from graduate school. He has experience spanning fundamental and quantitative equity research, trading and marketing. In 2004 he joined the Diversified Dividend team as an equity analyst and was promoted to his current role in 2011. Mr. Botard earned Bachelor of Business Administration Degrees in both Finance and International Business from The University of Texas at Austin and a Master of International Management Degree from the American Graduate School of International Management, Thunderbird. He is a CFA charterholder.


Kristina Bradshaw

Manager

Start Date

Feb 28, 2014

Tenure

2.42

Tenure Rank

13.3%

Kristina Bradshaw is a portfolio manager for the Invesco Diversified Dividend Fund and a member of the Dividend Value Team. Ms. Bradshaw joined Invesco in 2005 as a summer intern and returned in 2006 upon completion of her Master’s Degree as an equities analyst. She assumed her current position in 2010. Previously, she served as a financial analyst from 2002 to 2004 in the Investment Banking division of Morgan Stanley’s Global Energy and Utilities group. She began her career in 2001 as a financial analyst in the Investment Banking division of Merrill Lynch’s Global Industries group. Ms. Bradshaw earned a Master of Business Administration from Stanford University’s Graduate School of Business and a Bachelor of Business Administration degree with honors from The University of Texas at Austin. She is a CFA charterholder.


Meggan M. Walsh

Lead Manager

Start Date

Dec 31, 2002

Tenure

13.59

Tenure Rank

1.9%

Meggan Walsh is a senior portfolio manager for Invesco and head of the Dividend Value Team. Ms. Walsh is the architect of Invesco’s diversified dividend investment process, established in 2002 as Invesco Diversified Dividend Fund. Her professional investment experience includes more than 10 years as a fixed income manager and more than 15 years as an equity manager. Ms. Walsh has been in the investment business since 1987. She joined Invesco in 1991 as a trader of short-term taxable fixed-income securities and was promoted to vice president and portfolio manager in the long-term fixed-income area in 1992. In 1998, Ms. Walsh assumed portfolio management duties in Invesco’s equity department. She earned a promotion to senior portfolio manager in 2000. Prior to joining Invesco, Ms. Walsh managed money market securities and conducted financial analysis for Nationale Nederlanden, N.A., a multinational financial service organization. Ms. Walsh earned a Bachelor of Science Degree in Finance from the University of Maryland and a Master of Business Administration Degree from Loyola University Maryland. She is a CFA charterholder. Meggan Walsh is the lead portfolio manager for the Invesco Diversified Dividend Fund, Invesco Dividend Income Fund, Invesco V.I. Diversified Dividend Fund, and Invesco U.S. Equity Fund (Luxembourg SICAV).


Christopher McMeans

Manager

Start Date

Feb 26, 2016

Tenure

0.43

Tenure Rank

16.4%

Chris McMeans is a Portfolio Manager and a member of the Dividend Value Team. Prior to joining Invesco in 2008, Mr. McMeans was an equity research analyst for Lighthouse Capital Management. Previously, he was an equity support analyst for Morgan Stanley Investment Management’s Van Kampen subsidiary. He entered the financial industry in 1999. Mr. McMeans earned a Bachelor of Arts Degree in Economics from The University of Texas at Austin and an MBA with honors from the University of Houston. He is a CFA charterholder.


Tenure Analysis

Category Low

0.1

Category High

29.6

Category Average

5.44

Category Mode

1.6