Invesco Equity and Income A
- ACEIX
- Price as of: May 07, 2021
-
$12.37
N/A N/A
- Primary Theme
- U.S. Balanced Allocation
- Fund Company
- Invesco
- Share Class
ACEIX - Snapshot
Vitals
- YTD Return 13.8%
- 3 Yr Annualized Return 10.5%
- 5 Yr Annualized Return 10.8%
- Net Assets $13.3 B
- Holdings in Top 10 21.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.79%
SALES FEES
- Front Load 5.50%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 133.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $250
Fund Classification
-
Primary Theme
U.S. Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--50% to 70% Equity
ACEIX - Profile
Distributions
- YTD Total Return 13.8%
- 3 Yr Annualized Total Return 8.4%
- 5 Yr Annualized Total Return 9.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.75%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameInvesco Equity and Income Fund
-
Fund Family NameInvesco
-
Inception DateAug 03, 1960
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSergio Marcheli
Fund Description
The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity and income securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests, under normal circumstances, at least 65% of its net assets in income-producing equity investments. The fund may invest up to 25% of its net assets in securities of foreign issuers.
ACEIX - Performance
Return Ranking - Trailing
| Period | ACEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.8% | -5.5% | 66.5% | 5.66% |
| 1 Yr | 41.1% | -5.2% | 109.7% | 6.02% |
| 3 Yr | 10.5%* | -1.4% | 27.2% | 57.93% |
| 5 Yr | 10.8%* | 0.6% | 25.9% | 35.40% |
| 10 Yr | 8.9%* | 1.6% | 15.8% | 28.25% |
* Annualized
Return Ranking - Calendar
| Period | ACEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 6.5% | -39.0% | 56.4% | 59.05% |
| 2019 | 12.8% | -5.8% | 26.1% | 60.00% |
| 2018 | -16.8% | -52.1% | 0.0% | 91.08% |
| 2017 | 3.8% | -6.5% | 32.7% | 88.49% |
| 2016 | 9.8% | -43.7% | 17.8% | 2.65% |
Total Return Ranking - Trailing
| Period | ACEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.8% | -5.5% | 66.5% | 5.66% |
| 1 Yr | 33.4% | -5.2% | 109.7% | 18.06% |
| 3 Yr | 8.4%* | -1.4% | 27.2% | 81.29% |
| 5 Yr | 9.6%* | 0.6% | 25.9% | 63.51% |
| 10 Yr | 8.3%* | 1.6% | 15.8% | 43.68% |
* Annualized
Total Return Ranking - Calendar
| Period | ACEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 6.5% | -39.0% | 56.4% | 59.05% |
| 2019 | 12.8% | -5.8% | 26.1% | 60.47% |
| 2018 | -15.9% | -47.9% | 0.8% | 92.04% |
| 2017 | 10.9% | -3.7% | 56.2% | 68.02% |
| 2016 | 14.9% | -43.7% | 19.8% | 2.29% |
NAV & Total Return History
ACEIX - Holdings
Concentration Analysis
| ACEIX | Category Low | Category High | ACEIX % Rank | |
|---|---|---|---|---|
| Net Assets | 13.3 B | 9.98 K | 203 B | 7.01% |
| Number of Holdings | 353 | 2 | 14931 | 32.95% |
| Net Assets in Top 10 | 2.81 B | -9.34 M | 36.6 B | 15.62% |
| Weighting of Top 10 | 21.79% | 7.9% | 100.0% | 76.55% |
Top 10 Holdings
- United States Treasury Notes 0.75% 3.14%
- General Motors Co 2.56%
- Invesco Shrt-Trm Inv Treasury Instl 2.52%
- Bank of America Corp 2.38%
- Invesco Shrt-Trm Inv Gov&Agcy Instl 2.21%
- Citigroup Inc 2.14%
- Wells Fargo & Co 2.05%
- United States Treasury Notes 0.12% 1.92%
- Morgan Stanley 1.87%
- Cognizant Technology Solutions Corp A 1.86%
Asset Allocation
| Weighting | Return Low | Return High | ACEIX % Rank | |
|---|---|---|---|---|
| Stocks | 63.17% | 0.00% | 130.38% | 44.99% |
| Bonds | 21.02% | -0.38% | 121.14% | 89.83% |
| Convertible Bonds | 8.62% | 0.00% | 26.60% | 2.87% |
| Cash | 6.60% | -53.51% | 81.21% | 25.79% |
| Preferred Stocks | 0.58% | 0.00% | 24.34% | 14.90% |
| Other | 0.00% | -4.86% | 73.51% | 76.07% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ACEIX % Rank | |
|---|---|---|---|---|
| Financial Services | 25.08% | 0.00% | 100.00% | 5.01% |
| Healthcare | 14.07% | 0.00% | 38.48% | 27.94% |
| Technology | 13.38% | 0.00% | 50.38% | 89.26% |
| Industrials | 12.89% | 0.00% | 33.15% | 16.33% |
| Consumer Cyclical | 8.17% | 0.00% | 24.11% | 79.80% |
| Communication Services | 6.19% | 0.00% | 30.83% | 88.54% |
| Energy | 6.12% | 0.00% | 69.89% | 7.45% |
| Consumer Defense | 4.66% | 0.00% | 17.16% | 82.23% |
| Basic Materials | 4.36% | 0.00% | 21.94% | 39.83% |
| Utilities | 2.64% | 0.00% | 100.00% | 47.13% |
| Real Estate | 2.45% | 0.00% | 99.16% | 64.33% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ACEIX % Rank | |
|---|---|---|---|---|
| US | 57.06% | 0.00% | 96.26% | 26.93% |
| Non US | 6.11% | 0.00% | 69.93% | 66.05% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | ACEIX % Rank | |
|---|---|---|---|---|
| Corporate | 51.08% | 0.00% | 98.59% | 13.75% |
| Government | 23.82% | 0.00% | 97.87% | 49.71% |
| Cash & Equivalents | 16.85% | 0.04% | 100.00% | 34.53% |
| Derivative | 7.82% | 0.00% | 33.42% | 8.88% |
| Securitized | 0.30% | 0.00% | 85.21% | 89.26% |
| Municipal | 0.13% | 0.00% | 24.11% | 59.17% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | ACEIX % Rank | |
|---|---|---|---|---|
| US | 19.18% | -0.38% | 70.02% | 84.96% |
| Non US | 1.84% | -9.41% | 97.27% | 73.50% |
ACEIX - Expenses
Operational Fees
| ACEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.79% | 0.01% | 14.81% | 52.25% |
| Management Fee | 0.35% | 0.00% | 2.00% | 49.15% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 35.87% |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| ACEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 2.00% | 5.75% | 53.33% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| ACEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| ACEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 133.00% | 0.00% | 484.00% | 88.45% |
ACEIX - Distributions
Dividend Yield Analysis
| ACEIX | Category Low | Category High | ACEIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.11% | 50.99% |
Dividend Distribution Analysis
| ACEIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| ACEIX | Category Low | Category High | ACEIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.75% | -1.95% | 11.02% | 30.56% |
Capital Gain Distribution Analysis
| ACEIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 21, 2019 | $0.039 |
| Sep 13, 2018 | $0.039 |
| Jun 21, 2018 | $0.039 |
| Mar 22, 2018 | $0.039 |
| Sep 14, 2017 | $0.039 |
| Jun 15, 2017 | $0.039 |
| Mar 16, 2017 | $0.039 |
| Sep 15, 2016 | $0.041 |
| Jun 16, 2016 | $0.041 |
| Mar 17, 2016 | $0.041 |
| Sep 17, 2015 | $0.042 |
| Jun 18, 2015 | $0.042 |
| Mar 19, 2015 | $0.042 |
| Sep 18, 2014 | $0.045 |
| Jun 19, 2014 | $0.045 |
| Mar 20, 2014 | $0.045 |
| Sep 19, 2013 | $0.045 |
| Jun 20, 2013 | $0.045 |
| Mar 21, 2013 | $0.045 |
| Dec 07, 2012 | $0.074 |
| Sep 20, 2012 | $0.045 |
| Jun 14, 2012 | $0.039 |
| Mar 15, 2012 | $0.039 |
| Dec 09, 2011 | $0.049 |
| Sep 15, 2011 | $0.039 |
| Jun 16, 2011 | $0.039 |
| Mar 17, 2011 | $0.039 |
| Dec 03, 2010 | $0.042 |
| Sep 16, 2010 | $0.035 |
| Jun 09, 2010 | $0.035 |
ACEIX - Fund Manager Analysis
Managers
Sergio Marcheli
Start Date
Tenure
Tenure Rank
Apr 30, 2003
18.01
18.0%
Sergio Marcheli is a portfolio manager for Invesco large-cap relative value strategies. Mr. Marcheli joined Invesco in 2010. Formerly, Mr. Marcheli was associated with Morgan Stanley Investment Management Inc. in an investment management capacity (2002 to 2010). And before joining Morgan Stanley, he was a portfolio specialist for the U.S. large-cap relative value products at Van Kampen, which he joined in 1995. He earned a Bachelor of Business Administration degree from the University of Houston and a Master of Business Administration degree from the University of St. Thomas.
Charles Burge
Start Date
Tenure
Tenure Rank
Feb 12, 2010
11.22
11.2%
Chuck Burge is a Senior Portfolio Manager with Invesco Fixed Income. Mr. Burge joined Invesco in 2002 as a portfolio manager and has held various positions with increased responsibility within the Taxable Investment team. He assumed fund management responsibilities in 2009. Prior to joining Invesco, Mr. Burge spent seven years with Criterion Investment Management. He entered the industry in 1993. Mr. Burge earned a BS degree in economics from Texas A&M University. He also earned an MBA in finance and accounting from Rice University.
Brian Jurkash
Start Date
Tenure
Tenure Rank
Dec 18, 2015
5.37
5.4%
Brian Jurkash is a Portfolio Manager with the Growth and Income/Equity and Income team. Mr. Jurkash entered the industry when he joined Invesco in 2000. Prior to his current position, he worked on the Mid-Cap Growth team and the Quantitative Research team. Mr. Jurkash earned his BBA degree in finance from Stephen F. Austin State University and an MBA in finance from the University of Houston.
Matthew Titus
Start Date
Tenure
Tenure Rank
Jan 25, 2016
5.27
5.3%
Matthew Titus is a Portfolio Manager for the Invesco large-cap relative value strategies. Mr. Titus began his career in the financial industry in 2002 and joined Invesco in 2016. Previously, he was with American Century Investments, where he helped manage the firm’s relative value fund since 2004 and was lead manager since January 2015. Before joining American Century in 2004, he was an equity research analyst for Banc One Investment Advisors, where he provided coverage for small-cap, mid-cap and large-cap value portfolio and teams. Mr. Titus earned a bachelor's degree in accounting and economics from Luther College in Decorah, Iowa, and an MBA from Ohio State University. He is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 37.36 | 6.09 | 1.33 |