Invesco Diversified Dividend Y
- LCEYX
- Price as of: Jan 14, 2021
-
$20.39
N/A N/A
- Primary Theme
- U.S. Large-Cap Value Equity
- Fund Company
- Invesco
- Share Class
LCEYX - Snapshot
Vitals
- YTD Return 2.6%
- 3 Yr Annualized Return 5.2%
- 5 Yr Annualized Return 7.7%
- Net Assets $16.1 B
- Holdings in Top 10 28.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.58%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 8.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $250
Fund Classification
-
Primary Theme
U.S. Large-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Value
LCEYX - Profile
Distributions
- YTD Total Return 2.6%
- 3 Yr Annualized Total Return 5.2%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.55%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameInvesco Diversified Dividend Fund
-
Fund Family NameInvesco
-
Inception DateOct 03, 2008
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMeggan Walsh
Fund Description
The fund invests primarily in dividend-paying equity securities. It invests in securities that the portfolio managers believe are undervalued based on various valuation measures. The fund may invest up to 25% of its net assets in securities of foreign issuers.
LCEYX - Performance
Return Ranking - Trailing
Period | LCEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -13.6% | 9.8% | 79.80% |
1 Yr | 0.4% | -22.6% | 49.5% | 70.70% |
3 Yr | 5.2%* | -4.7% | 15.3% | 58.19% |
5 Yr | 7.7%* | -0.5% | 17.1% | 84.27% |
10 Yr | 9.7%* | -0.5% | 13.2% | 53.95% |
* Annualized
Return Ranking - Calendar
Period | LCEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -3.9% | -26.7% | 285.0% | 76.38% |
2019 | 18.9% | -32.1% | 76.3% | 51.26% |
2018 | -14.1% | -62.4% | 16.7% | 37.22% |
2017 | 5.4% | -72.0% | 37.9% | 69.83% |
2016 | 9.8% | -61.4% | 31.0% | 53.14% |
Total Return Ranking - Trailing
Period | LCEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.6% | -13.6% | 9.8% | 79.89% |
1 Yr | 0.4% | -22.6% | 49.5% | 62.13% |
3 Yr | 5.2%* | -5.5% | 15.3% | 53.46% |
5 Yr | 7.7%* | -0.9% | 17.1% | 80.18% |
10 Yr | 9.7%* | -0.7% | 13.2% | 50.84% |
* Annualized
Total Return Ranking - Calendar
Period | LCEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -3.9% | -26.7% | 285.0% | 76.38% |
2019 | 18.9% | -32.1% | 76.3% | 51.78% |
2018 | -12.7% | -37.1% | 18.2% | 59.39% |
2017 | 8.4% | -9.5% | 37.9% | 86.21% |
2016 | 14.6% | -27.9% | 32.2% | 35.29% |
NAV & Total Return History
LCEYX - Holdings
Concentration Analysis
LCEYX | Category Low | Category High | LCEYX % Rank | |
---|---|---|---|---|
Net Assets | 16.1 B | 377 K | 96.9 B | 6.98% |
Number of Holdings | 82 | 1 | 1634 | 49.39% |
Net Assets in Top 10 | 4.13 B | 68.9 K | 21.3 B | 6.37% |
Weighting of Top 10 | 28.22% | 5.6% | 100.0% | 44.84% |
Top 10 Holdings
- General Mills Inc 3.89%
- Procter & Gamble Co 3.66%
- Entergy Corp 3.13%
- Dominion Energy Inc 2.95%
- Campbell Soup Co 2.67%
- PPL Corp 2.55%
- Mondelez International Inc Class A 2.46%
- Kimberly-Clark Corp 2.37%
- The Hartford Financial Services Group Inc 2.31%
- Coca-Cola Co 2.23%
Asset Allocation
Weighting | Return Low | Return High | LCEYX % Rank | |
---|---|---|---|---|
Stocks | 96.61% | 51.79% | 145.54% | 80.57% |
Cash | 3.39% | -45.53% | 32.51% | 16.00% |
Preferred Stocks | 0.00% | 0.00% | 18.13% | 67.02% |
Other | 0.00% | -1.32% | 26.80% | 66.12% |
Convertible Bonds | 0.00% | 0.00% | 9.49% | 65.47% |
Bonds | 0.00% | 0.00% | 39.80% | 65.88% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LCEYX % Rank | |
---|---|---|---|---|
Consumer Defense | 29.20% | 0.00% | 30.04% | 0.74% |
Utilities | 17.34% | 0.00% | 40.33% | 1.15% |
Industrials | 15.25% | 0.00% | 46.85% | 19.20% |
Financial Services | 11.89% | 0.00% | 56.50% | 89.58% |
Healthcare | 8.01% | 0.00% | 30.11% | 95.90% |
Consumer Cyclical | 5.31% | 0.00% | 29.03% | 74.24% |
Communication Services | 4.18% | 0.00% | 23.33% | 85.23% |
Energy | 4.02% | 0.00% | 27.96% | 56.77% |
Basic Materials | 2.30% | 0.00% | 23.75% | 71.70% |
Real Estate | 1.59% | 0.00% | 87.91% | 65.96% |
Technology | 0.91% | 0.00% | 54.02% | 98.52% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LCEYX % Rank | |
---|---|---|---|---|
US | 79.52% | 26.40% | 144.10% | 93.14% |
Non US | 17.09% | -0.05% | 37.07% | 5.06% |
LCEYX - Expenses
Operational Fees
LCEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.58% | 0.01% | 15.68% | 83.21% |
Management Fee | 0.39% | 0.00% | 1.50% | 17.01% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
LCEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
LCEYX 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.
LCEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 8.00% | 0.00% | 481.00% | 2.83% |
LCEYX - Distributions
Dividend Yield Analysis
LCEYX | Category Low | Category High | LCEYX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.55% | 66.56% |
Dividend Distribution Analysis
LCEYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
LCEYX | Category Low | Category High | LCEYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.55% | -11.74% | 5.26% | 12.87% |
Capital Gain Distribution Analysis
LCEYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 21, 2019 | $0.128 |
Sep 13, 2018 | $0.119 |
Jun 21, 2018 | $0.118 |
Mar 22, 2018 | $0.097 |
Sep 14, 2017 | $0.097 |
Jun 15, 2017 | $0.085 |
Mar 16, 2017 | $0.083 |
Sep 15, 2016 | $0.084 |
Jun 16, 2016 | $0.078 |
Mar 17, 2016 | $0.077 |
Sep 17, 2015 | $0.078 |
Jun 18, 2015 | $0.078 |
Mar 19, 2015 | $0.078 |
Sep 18, 2014 | $0.078 |
Jun 19, 2014 | $0.073 |
Mar 20, 2014 | $0.073 |
Sep 19, 2013 | $0.072 |
Jun 20, 2013 | $0.072 |
Mar 21, 2013 | $0.067 |
Sep 20, 2012 | $0.068 |
Jun 14, 2012 | $0.067 |
Mar 15, 2012 | $0.057 |
Dec 09, 2011 | $0.066 |
Sep 15, 2011 | $0.052 |
Jun 16, 2011 | $0.058 |
Mar 17, 2011 | $0.058 |
Dec 03, 2010 | $0.097 |
Sep 16, 2010 | $0.053 |
Jun 17, 2010 | $0.057 |
Mar 18, 2010 | $0.057 |
Dec 11, 2009 | $0.055 |
Sep 18, 2009 | $0.043 |
Jun 19, 2009 | $0.052 |
Mar 20, 2009 | $0.057 |
Dec 12, 2008 | $0.064 |
LCEYX - Fund Manager Analysis
Managers
Meggan Walsh
Start Date
Tenure
Tenure Rank
Dec 31, 2002
18.01
18.0%
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
Robert Botard
Start Date
Tenure
Tenure Rank
Feb 28, 2014
6.84
6.8%
Robert Botard is a portfolio manager and a member of the Dividend Value Team. Mr. Botard began his career in 1991 with Transamerica and has been associated with Invesco and/or its affiliates since 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.
Christopher McMeans
Start Date
Tenure
Tenure Rank
Feb 26, 2016
4.85
4.9%
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.
Caroline Le Feuvre
Start Date
Tenure
Tenure Rank
Jun 29, 2020
0.51
0.5%
Caroline Le Feuvre is a senior equities analyst on the Dividend Value team. Ms. Le Feuvre joined Invesco in 2014 and entered the industry in 2006. Previously, she joined Barrow Hanley Mewhinney & Strauss as an equity analyst in 2012 where her primary research responsibilities included coverage of both domestic and international stocks within the consumer sector. She has also served as an equity analyst with Morgan Stanley Investment Management. Ms. Le Feuvre earned a BS degree in commerce with distinction from the University of Virginia and an MBA from the Stanford University Graduate School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 85.18 | 6.92 | 15.01 |