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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$14.37

$209 M

2.51%

$0.36

1.34%

Vitals

YTD Return

5.0%

1 yr return

-15.8%

3 Yr Avg Return

0.5%

5 Yr Avg Return

-3.8%

Net Assets

$209 M

Holdings in Top 10

43.6%

52 WEEK LOW AND HIGH

$14.4
$12.32
$17.67

Expenses

OPERATING FEES

Expense Ratio 1.34%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 10.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$14.37

$209 M

2.51%

$0.36

1.34%

ESMAX - Profile

Distributions

  • YTD Total Return 5.0%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return -3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.22%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco EQV European Small Company Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Aug 31, 2000
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Borge Endresen

Fund Description

The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of small-capitalization European issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund uses various criteria to determine whether an issuer is in Europe, including whether (1) it is organized under the laws of a country in Europe; (2) it has a principal office in a country in Europe; (3) it derives 50% or more of its total revenues from business in countries in Europe; (4) its securities are trading principally on a security exchange, or in an over-the-counter (OTC) market, in a country in Europe; or (5) its “country of risk” is a country in Europe as determined by a third party service provider such as Bloomberg.
The Fund considers an issuer to be a small-capitalization issuer if it has a market capitalization, at the time of purchase, no larger than the largest capitalized issuer included in the Russell 2000® Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month.
The Fund invests primarily in equity securities and depositary receipts. The principal types of equity securities in which the Fund invests are common and preferred stock.
The Fund invests primarily in securities of issuers that are considered by the Fund’s portfolio managers to have potential for earnings or revenue growth.
The Fund may invest up to 35% of its net assets in securities of European issuers located in emerging market countries, i.e., those that are generally in the early stages of their industrial cycles.
The Fund can invest in derivative instruments, including forward foreign currency contracts and futures contracts.
The Fund can use forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated; though the Fund has not historically used these instruments.
The Fund can use futures contracts to gain exposure to the broad market in connection with managing cash balances or to hedge against downside risk.
The portfolio managers’ strategy primarily focuses on identifying issuers that they believe have a strong “EQV” profile. The portfolio managers’ EQV investment approach focuses on Earnings, demonstrated by sustainable earnings growth; Quality, demonstrated by efficient capital allocation; and Valuation, demonstrated by attractive prices.
The portfolio managers employ a disciplined investment strategy that emphasizes fundamental research. The fundamental research primarily focuses on identifying quality growth companies and is supported by quantitative analysis, portfolio construction and risk management. Investments for the portfolio are selected bottom-up on a
security-by-security basis. The focus is on the strengths of individual issuers, rather than sector or country trends.
The Fund’s portfolio managers may consider selling a security for several reasons, including when (1) its price changes such that they believe it has become too expensive, (2) the original investment thesis for the company is no longer valid, or (3) a more compelling investment opportunity is identified.
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ESMAX - Performance

Return Ranking - Trailing

Period ESMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -36.2% 19.1% 90.82%
1 Yr -15.8% -34.2% 9.5% 83.33%
3 Yr 0.5%* -6.7% 10.5% 68.09%
5 Yr -3.8%* -9.2% 7.0% 82.95%
10 Yr 1.6%* -3.9% 8.1% 62.00%

* Annualized

Return Ranking - Calendar

Period ESMAX Return Category Return Low Category Return High Rank in Category (%)
2022 -25.0% -45.1% 21.2% 82.11%
2021 9.6% -4.5% 11.4% 20.00%
2020 2.2% -6.9% 21.9% 56.38%
2019 1.9% -16.8% 9.7% 91.40%
2018 -4.4% -9.6% 20.1% 61.63%

Total Return Ranking - Trailing

Period ESMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.0% -36.2% 19.1% 90.82%
1 Yr -15.8% -34.2% 62.0% 84.00%
3 Yr 0.5%* -6.7% 11.9% 68.75%
5 Yr -3.8%* -9.2% 13.3% 83.33%
10 Yr 3.5%* -3.9% 8.1% 46.00%

* Annualized

Total Return Ranking - Calendar

Period ESMAX Return Category Return Low Category Return High Rank in Category (%)
2022 -25.0% -45.1% 21.2% 82.11%
2021 9.6% -4.5% 11.4% 20.00%
2020 2.2% -6.9% 21.9% 56.38%
2019 1.9% -16.8% 9.7% 91.40%
2018 -4.4% -9.6% 20.1% 61.63%

NAV & Total Return History


ESMAX - Holdings

Concentration Analysis

ESMAX Category Low Category High ESMAX % Rank
Net Assets 209 M 2.45 M 23.5 B 56.44%
Number of Holdings 58 7 1788 57.84%
Net Assets in Top 10 98 M 3.72 K 4.3 B 54.90%
Weighting of Top 10 43.61% 4.3% 87.9% 12.00%

Top 10 Holdings

  1. Gamesys Group PLC 7.01%
  2. Gamesys Group PLC 7.01%
  3. Gamesys Group PLC 7.01%
  4. Gamesys Group PLC 7.01%
  5. Gamesys Group PLC 7.01%
  6. Gamesys Group PLC 7.01%
  7. Gamesys Group PLC 7.01%
  8. Gamesys Group PLC 7.01%
  9. Gamesys Group PLC 7.01%
  10. Gamesys Group PLC 7.01%

Asset Allocation

Weighting Return Low Return High ESMAX % Rank
Stocks
91.26% 0.10% 108.46% 97.06%
Cash
5.13% -81.12% 99.90% 4.90%
Other
3.61% -12.19% 3.61% 2.94%
Preferred Stocks
0.00% 0.00% 0.12% 95.10%
Convertible Bonds
0.00% 0.00% 0.81% 95.10%
Bonds
0.00% 0.00% 84.91% 95.10%

ESMAX - Expenses

Operational Fees

ESMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.07% 2.78% 25.49%
Management Fee 0.93% 0.06% 1.10% 82.18%
12b-1 Fee 0.25% 0.00% 1.00% 61.90%
Administrative Fee N/A 0.01% 0.25% N/A

Sales Fees

ESMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.00% 5.75% 46.67%
Deferred Load N/A 1.00% 2.25% N/A

Trading Fees

ESMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% 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.

ESMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 10.00% 1.68% 184.00% 24.32%

ESMAX - Distributions

Dividend Yield Analysis

ESMAX Category Low Category High ESMAX % Rank
Dividend Yield 2.51% 0.00% 5.55% 97.14%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ESMAX Category Low Category High ESMAX % Rank
Net Income Ratio 1.22% -1.72% 4.23% 54.08%

Capital Gain Distribution Analysis

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

Distributions History

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ESMAX - Fund Manager Analysis

Managers

Borge Endresen


Start Date

Tenure

Tenure Rank

May 01, 2002

20.1

20.1%

Borge Endresen joined Invesco in 1999. He was promoted to portfolio manager for international growth and emerging markets strategies in 2002. He was previously an associate financial consultant with Merrill Lynch. Borge Endresen started in the industry in 1995. A native of Stavanger, Norway, Mr. Endresen graduated summa cum laude from the University of Oregon with a Bachelor of Science degree in finance. He earned a Master of Business Administration degree from The University of Texas at Austin. He is a CFA charterholder.

Minkun Zhang


Start Date

Tenure

Tenure Rank

Apr 29, 2022

0.09

0.1%

Minkun Zhang, CFA, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2012.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 24.59 6.98 0.64