ABRZX: Invesco Balanced-Risk Allc A

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

ABRZX Invesco Balanced-Risk Allc A

  • Fund
  • ABRZX
  • Price as of: Dec 06, 2019
  • $11.39
    + $0.06 + 0.53%

Profile

ABRZX - Profile

Vitals

  • YTD Return 13.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return -1.8%
  • Net Assets $3.23 B
  • Holdings in Top 10 142.8%

52 WEEK LOW AND HIGH

$11.39
$9.99
$11.48

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.27%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 116.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return 13.0%
  • 3 Yr Annualized Total Return 4.9%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.32%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Balanced-Risk Allocation Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Jun 02, 2009
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Ahnrud

Fund Description

The fund's investment strategy is designed to provide capital loss protection during down markets by investing in multiple asset classes. Its portfolio management team allocates across three asset classes: equities, fixed income and commodities, such that no one asset class drives the fund's performance. The fund's exposure to these three asset classes will be achieved primarily (generally over 65% based on notional exposure) through investments in derivative instruments including but not limited to futures, options and swap agreements.


Get Updates About ABRZX

Sign up for Advisor Access to receive email updates about ABRZX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Performance

ABRZX - Performance

Return Ranking - Trailing

Period ABRZX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% -12.1% 78.7% 13.68%
1 Yr 10.7% -15.3% 38.8% 18.70%
3 Yr 0.0%* -14.2% 11.6% 75.90%
5 Yr -1.8%* -12.2% 22.9% 83.10%
10 Yr 0.3%* -7.4% 13.1% 52.59%

* Annualized

Return Ranking - Calendar

Period ABRZX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.0% -53.1% 2.2% 42.30%
2017 3.0% -9.1% 15.4% 72.18%
2016 2.4% -12.3% 219.0% 58.51%
2015 -10.9% -29.9% 14.0% 79.04%
2014 -2.2% -22.4% 200.4% 58.74%

Total Return Ranking - Trailing

Period ABRZX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.0% -12.1% 78.7% 13.68%
1 Yr 10.7% -15.3% 38.8% 17.82%
3 Yr 4.9%* -14.2% 12.8% 14.97%
5 Yr 2.6%* -12.2% 32.0% 27.97%
10 Yr 4.9%* -7.4% 21.2% 17.67%

* Annualized

Total Return Ranking - Calendar

Period ABRZX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.0% -53.1% 3.8% 54.25%
2017 9.8% -6.6% 21.6% 20.25%
2016 11.0% -12.3% 242.1% 9.59%
2015 -10.9% -29.9% 22.6% 80.92%
2014 5.5% -22.2% 203.8% 14.69%

NAV & Total Return History


Holdings

ABRZX - Holdings

Concentration Analysis

ABRZX Category Low Category High ABRZX % Rank
Net Assets 3.23 B 923 K 14.1 B 8.85%
Number of Holdings 29 5 3572 87.08%
Net Assets in Top 10 4.65 B -48.5 M 17.7 B 1.89%
Weighting of Top 10 142.82% 5.6% 1055.7% 12.05%

Top 10 Holdings

  1. Aust 10y Bond Fut Dec19xmz9 Comb 29.08%
  2. 10 Year Goverment of Canada Bond Dec19 26.53%
  3. Invesco Balanced Risk Commodity 23.45%
  4. U.S. Treasury Bond Dec19 11.15%
  5. United States Treasury Notes 1.72% 10.63%
  6. United States Treasury Notes 1.69% 10.26%
  7. TOPIX Index Future Dec19 9.45%
  8. FTSE 100 Index Future Dec19 7.84%
  9. United States Treasury Notes 1.73% 7.29%
  10. Euro Stoxx 50 Dec19 7.14%

Asset Allocation

Weighting Return Low Return High ABRZX % Rank
Bonds
102.96% 80.45% 1025.08% 19.30%
Stocks
40.83% -61.04% 110.51% 14.80%
Other
23.46% -31.37% 67.70% 4.21%
Preferred Stocks
0.00% -0.01% 10.86% 55.15%
Convertible Bonds
0.00% 0.00% 50.87% 75.18%
Cash
-67.25% -1000.79% 21.44% 82.73%

Stock Sector Breakdown

Weighting Return Low Return High ABRZX % Rank
Financial Services
4.40% -0.26% 16.51% 27.45%
Healthcare
3.05% -1.43% 16.17% 25.05%
Consumer Cyclical
2.96% -0.20% 23.34% 26.58%
Technology
2.93% -0.38% 25.53% 26.58%
Industrials
2.81% -0.16% 27.15% 26.80%
Consumer Defense
2.80% -0.71% 8.02% 22.44%
Energy
2.12% -4.19% 6.08% 20.04%
Basic Materials
1.83% -0.19% 6.18% 22.88%
Utilities
1.03% -0.05% 38.40% 28.54%
Communication Services
0.81% -0.55% 6.67% 28.54%
Real Estate
0.71% -0.61% 12.49% 26.58%

Stock Geographic Breakdown

Weighting Return Low Return High ABRZX % Rank
Non US
23.48% -40.87% 48.86% 11.76%
US
17.35% -29.67% 102.46% 16.55%

Bond Sector Breakdown

Weighting Return Low Return High ABRZX % Rank
Government
102.96% -1.71% 1025.08% 12.19%
Corporate
27.00% -0.01% 236.41% 34.25%
Derivative
0.00% -153.39% 101.32% 39.77%
Securitized
0.00% 0.00% 113.77% 70.54%
Municipal
0.00% 0.00% 74.38% 52.54%
Cash & Equivalents
-94.25% -999.86% 38.60% 86.79%

Bond Geographic Breakdown

Weighting Return Low Return High ABRZX % Rank
US
102.96% -27.43% 1120.91% 7.55%
Non US
0.00% -95.83% 193.82% 94.92%

Expenses

ABRZX - Expenses

Operational Fees

ABRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.27% 0.13% 290.47% 50.37%
Management Fee 0.87% 0.00% 2.50% 85.86%
12b-1 Fee 0.25% 0.00% 1.00% 40.00%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

ABRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.15% 5.75% 17.54%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ABRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.15% 2.00% N/A

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.

ABRZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 116.00% 0.00% 963.00% 65.92%

Distributions

ABRZX - Distributions

Dividend Yield Analysis

ABRZX Category Low Category High ABRZX % Rank
Dividend Yield 0.00% 0.00% 12.45% 92.02%

Dividend Distribution Analysis

ABRZX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

ABRZX Category Low Category High ABRZX % Rank
Net Income Ratio 0.32% -1.27% 8.91% 88.81%

Capital Gain Distribution Analysis

ABRZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

ABRZX - Fund Manager Analysis

Managers

Mark Ahnrud


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.5

10.5%

Mark currently serves as a Portfolio Manager for Invesco's Global Asset Allocation team. Mark joined Invesco in 2000 and the Global Asset Allocation team in 2002. Mark began his investment career in 1985 and was a fixed income portfolio manager with Bank of America prior to joining Invesco. Mark received his BS in Finance and Investments from Babson College. He received his MBA from the Fuqua School of Business at Duke University with a concentration in Finance and Real Estate Investment. Mark holds the Chartered Financial Analyst designation.

Scott E. Wolle


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.5

10.5%

Scott Wolle is a portfolio manager and chief investment officer (CIO) of Invesco Global Asset Allocation. Mr. Wolle joined Invesco in 1999 and became affiliated with the Global Asset Allocation team in 2000. He began his investment management career in 1991 and was with Bank of America prior to joining Invesco. Mr. Wolle earned a Bachelor of Science in finance from Virginia Polytechnic Institute and State University, graduating magna cum laude. He earned a MBA from the Fuqua School of Business at Duke University where he earned the distinction of Fuqua Scholar. He is a CFA charterholder.

Christian Ulrich


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.5

10.5%

Christian currently serves as a Portfolio Manager for the IGAA team. Christian joined Invesco in 2000 and the Global Asset Allocation team in 2009. Prior to affiliating as a Portfolio manager with IGAA team, Christian served as a client portfolio manager for Invesco Global Asset Management. Christian began his investment career in 1987 and was with Credit Suisse Group AG where he had assignments in Zurich, New York and London.Christian graduated from the KV Zurich Business School in Zurich, Switzerland, and holds the CFA designation.

Scott Hixon


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.5

10.5%

Scott Hixon joined Invesco in 1994 and became affiliated with the Global Asset Allocation team in 1997. He is responsible for the fundamental research, quantitative modeling and portfolio investment decisions for asset classes and currencies. Mr. Hixon began his investment management career in 1992 and was with SunTrust Bank prior to joining Invesco. He earned a Bachelor of Business Administration in finance, graduating magna cum laude from Georgia Southern University. He earned an M.B.A. in finance from Georgia State University. Mr. Hixon is a CFA charterholder.

Chris W. Devine


Start Date

Tenure

Tenure Rank

Jun 02, 2009

10.5

10.5%

Chris Devine joined Invesco in 1998 and became affiliated with the Global Asset Allocation team in January 2003. He is responsible for portfolio construction, risk management, trading and derivative management. He began his investment management career in 1996 and was with The Robinson-Humphrey Co. prior to joining Invesco. Mr. Devine earned a Bachelor of Arts degree in economics from Wake Forest University and a Master of Business Administration degree from the University of Georgia. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 28.93 5.85 10.25