ACERX: Invesco Equity and Income Fund - MutualFunds.com

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ACERX - Snapshot

Vitals

  • YTD Return 6.6%
  • 3 Yr Annualized Return 4.5%
  • 5 Yr Annualized Return 6.7%
  • Net Assets $12.2 B
  • Holdings in Top 10 16.9%

52 WEEK LOW AND HIGH

$10.72
$7.21
$10.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.54%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 133.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare ACERX to Popular U.S. Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$30.62

+0.10%

$178.43 B

1.31%

$0.40

7.44%

-

$46.51

-0.06%

$111.64 B

2.16%

$1.00

7.22%

-

$44.01

+0.18%

$50.37 B

1.29%

$0.57

12.18%

-

$36.33

-0.03%

$43.84 B

1.32%

$0.48

16.37%

-

$27.82

+0.11%

$39.42 B

1.43%

$0.40

13.09%

-

ACERX - Profile

Distributions

  • YTD Total Return 6.6%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 6.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Invesco Equity and Income Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Jul 06, 1993
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Sergio 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, such as dividend paying common or preferred stocks. The fund may invest up to 25% of its net assets in securities of foreign issuers or depositary receipts.


ACERX - Performance

Return Ranking - Trailing

Period ACERX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -58.0% 36.6% 63.39%
1 Yr 8.1% -18.7% 38.1% 74.34%
3 Yr 4.5%* -3.2% 15.3% 87.35%
5 Yr 6.7%* 0.6% 14.4% 81.15%
10 Yr 7.9%* 1.8% 13.1% 57.79%

* Annualized

Return Ranking - Calendar

Period ACERX Return Category Return Low Category Return High Rank in Category (%)
2019 12.7% -5.8% 25.7% 59.72%
2018 -16.8% -52.1% 0.0% 91.93%
2017 3.7% -9.2% 32.7% 88.91%
2016 9.7% -43.7% 17.8% 2.97%
2015 -7.2% -28.1% 2.6% 60.19%

Total Return Ranking - Trailing

Period ACERX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -58.0% 36.6% 63.24%
1 Yr 7.1% -18.7% 38.1% 70.67%
3 Yr 4.5%* -3.2% 15.3% 84.57%
5 Yr 6.7%* 0.6% 14.4% 78.04%
10 Yr 7.9%* 1.8% 13.1% 55.35%

* Annualized

Total Return Ranking - Calendar

Period ACERX Return Category Return Low Category Return High Rank in Category (%)
2019 12.7% -5.8% 25.7% 59.72%
2018 -16.4% -47.9% 0.8% 94.15%
2017 10.0% -5.1% 56.2% 76.47%
2016 14.0% -43.7% 22.9% 2.97%
2015 -6.6% -25.7% 5.6% 83.65%

NAV & Total Return History


ACERX - Holdings

Concentration Analysis

ACERX Category Low Category High ACERX % Rank
Net Assets 12.2 B 772 K 178 B 7.10%
Number of Holdings 362 2 14317 36.12%
Net Assets in Top 10 1.88 B 646 K 30 B 21.15%
Weighting of Top 10 16.92% 9.3% 100.0% 94.04%

Top 10 Holdings

  1. Citigroup Inc 2.14%
  2. Bank of America Corp 2.01%
  3. Cognizant Technology Solutions Corp A 2.00%
  4. Philip Morris International Inc 1.97%
  5. General Motors Co 1.96%
  6. Johnson & Johnson 1.75%
  7. Morgan Stanley 1.68%
  8. US Treasury Note 0.12% 1.64%
  9. Goldman Sachs Group Inc 1.63%
  10. American International Group Inc 1.62%

Asset Allocation

Weighting Return Low Return High ACERX % Rank
Stocks
64.29% 0.00% 139.83% 20.98%
Bonds
20.47% -2.18% 106.21% 92.82%
Convertible Bonds
10.38% 0.00% 26.75% 2.01%
Cash
4.27% -39.83% 81.59% 48.78%
Preferred Stocks
0.60% 0.00% 28.13% 18.99%
Other
0.00% -3.55% 31.11% 87.77%

Stock Sector Breakdown

Weighting Return Low Return High ACERX % Rank
Financial Services
22.38% 0.00% 100.00% 4.32%
Healthcare
16.37% 0.00% 46.72% 17.12%
Technology
14.61% 0.00% 48.90% 85.18%
Industrials
12.17% 0.00% 35.09% 20.14%
Consumer Cyclical
7.97% 0.00% 23.53% 78.85%
Consumer Defense
7.34% 0.00% 20.77% 58.85%
Basic Materials
5.31% 0.00% 29.02% 15.11%
Energy
4.65% 0.00% 90.89% 10.36%
Communication Services
4.40% 0.00% 43.64% 95.40%
Utilities
2.79% 0.00% 100.00% 53.67%
Real Estate
2.02% 0.00% 100.00% 81.29%

Stock Geographic Breakdown

Weighting Return Low Return High ACERX % Rank
US
56.99% 0.13% 136.90% 24.03%
Non US
7.30% 0.00% 36.28% 61.87%

Bond Sector Breakdown

Weighting Return Low Return High ACERX % Rank
Corporate
64.06% 0.00% 98.18% 10.94%
Government
15.17% 0.00% 98.59% 76.83%
Cash & Equivalents
10.58% 0.08% 100.00% 54.82%
Derivative
9.65% 0.00% 29.88% 7.48%
Securitized
0.37% 0.00% 76.91% 89.06%
Municipal
0.17% 0.00% 22.77% 62.01%

Bond Geographic Breakdown

Weighting Return Low Return High ACERX % Rank
US
17.95% -6.66% 59.58% 90.07%
Non US
2.52% -7.18% 80.10% 70.07%

ACERX - Expenses

Operational Fees

ACERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.54% 0.01% 4.93% 14.50%
Management Fee 0.35% 0.00% 1.75% 49.08%
12b-1 Fee 0.96% 0.00% 1.00% 78.59%
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

ACERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 86.46%

Trading Fees

ACERX 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.

ACERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 133.00% 0.00% 484.00% 93.05%

ACERX - Distributions

Dividend Yield Analysis

ACERX Category Low Category High ACERX % Rank
Dividend Yield 0.00% 0.00% 8.70% 80.25%

Dividend Distribution Analysis

ACERX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

ACERX Category Low Category High ACERX % Rank
Net Income Ratio 1.00% -1.51% 11.02% 83.63%

Capital Gain Distribution Analysis

ACERX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

ACERX - Fund Manager Analysis

Managers

Sergio Marcheli


Start Date

Tenure

Tenure Rank

Apr 30, 2003

17.6

17.6%

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

10.81

10.8%

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

4.96

5.0%

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

4.85

4.9%

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
0.03 36.94 6.0 0.92
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