PAAJX: Invesco Active Allocation Fund - MutualFunds.com
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Invesco Oppenheimer Portfolio Series: Active Allocation Fund

PAAJX - Snapshot

Vitals

  • YTD Return 8.8%
  • 3 Yr Annualized Return 11.2%
  • 5 Yr Annualized Return 11.4%
  • Net Assets $2.53 B
  • Holdings in Top 10 73.3%

52 WEEK LOW AND HIGH

$15.84
$12.44
$16.51

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.22%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 70.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Compare PAAJX to Popular U.S. Growth/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$26.07

+0.66%

$124.23 B

2.55%

$0.66

10.70%

0.57%

$43.68

+0.76%

$20.20 B

1.56%

$0.67

8.55%

-

$18.82

+0.75%

$13.87 B

1.38%

$0.26

8.91%

0.38%

$17.47

+0.87%

$11.70 B

2.04%

$0.35

10.43%

0.26%

$60.29

+0.84%

$8.16 B

1.46%

$0.87

8.93%

0.10%

PAAJX - Profile

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 11.2%
  • 5 Yr Annualized Total Return 11.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.20%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Active Allocation Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 24, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Bennett

Fund Description

The fund is a special type of mutual fund known as a "fund of funds" because it invests primarily in open-end funds (commonly referred to as "mutual funds"), closed-end funds, and exchange-traded funds ("ETFs") managed by Invesco and/or its affiliates (collectively, the "underlying funds") in order to obtain exposure to various asset classes, investment strategies and types of securities. It may use derivatives to seek income or capital gain, hedge against the risks of other investments, equitize its cash position and manage the duration of its portfolio.


PAAJX - Performance

Return Ranking - Trailing

Period PAAJX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% 2.9% 28.5% 74.20%
1 Yr 41.6% 22.1% 69.3% 25.56%
3 Yr 11.2%* -0.9% 19.0% 58.65%
5 Yr 11.4%* 4.9% 17.8% 57.48%
10 Yr 8.1%* 5.1% 12.2% 64.83%

* Annualized

Return Ranking - Calendar

Period PAAJX Return Category Return Low Category Return High Rank in Category (%)
2020 0.2% -21.4% 26.2% 89.49%
2019 N/A 1.1% 24.7% N/A
2018 N/A -48.9% -3.9% N/A
2017 N/A -4.4% 18.6% N/A
2016 N/A -7.8% 13.8% N/A

Total Return Ranking - Trailing

Period PAAJX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% 2.9% 28.5% 74.20%
1 Yr 41.6% 16.0% 69.3% 21.73%
3 Yr 11.2%* -0.9% 19.0% 50.96%
5 Yr 11.4%* 4.9% 17.8% 51.83%
10 Yr 8.1%* 5.1% 12.2% 60.59%

* Annualized

Total Return Ranking - Calendar

Period PAAJX Return Category Return Low Category Return High Rank in Category (%)
2020 0.2% -21.4% 26.2% 89.49%
2019 N/A 1.1% 25.0% N/A
2018 N/A -48.9% -2.5% N/A
2017 N/A -4.4% 22.8% N/A
2016 N/A -7.8% 22.5% N/A

NAV & Total Return History


PAAJX - Holdings

Concentration Analysis

PAAJX Category Low Category High PAAJX % Rank
Net Assets 2.53 B 998 K 124 B 33.64%
Number of Holdings 101 4 20154 24.69%
Net Assets in Top 10 1.8 B 909 K 29.3 B 23.75%
Weighting of Top 10 73.30% 11.2% 100.0% 42.42%

Top 10 Holdings

  1. Invesco Global R6 10.75%
  2. Invesco Main Street Small Cap R6 10.26%
  3. Invesco S&P SmallCap Low Volatility ETF 10.22%
  4. Invesco Russell 1000® Dynamic Mltfct ETF 8.67%
  5. Invesco Core Plus Bond R6 7.21%
  6. Invesco Discovery Mid Cap Growth R6 7.05%
  7. Invesco S&P 500® Low Volatility ETF 6.24%
  8. Invesco S&P 500® Pure Growth ETF 5.95%
  9. Invesco International Select Equity R6 3.51%
  10. Invesco International Small-Mid Com R6 3.42%

Asset Allocation

Weighting Return Low Return High PAAJX % Rank
Stocks
84.28% 37.90% 93.54% 14.06%
Bonds
12.59% 0.00% 47.67% 72.50%
Cash
1.38% -9.08% 31.44% 83.13%
Other
1.10% -2.37% 12.51% 22.81%
Preferred Stocks
0.52% 0.00% 11.55% 19.06%
Convertible Bonds
0.13% 0.00% 29.46% 83.13%

Stock Sector Breakdown

Weighting Return Low Return High PAAJX % Rank
Technology
20.20% 0.00% 53.38% 28.44%
Industrials
15.61% 0.00% 30.74% 4.06%
Healthcare
12.68% 0.00% 38.59% 48.75%
Consumer Cyclical
11.83% 0.00% 70.74% 43.13%
Financial Services
11.31% 0.00% 51.32% 90.00%
Communication Services
7.76% 0.00% 20.29% 66.56%
Consumer Defense
7.69% 0.00% 15.32% 22.19%
Real Estate
4.40% 0.00% 65.83% 37.50%
Basic Materials
4.23% 0.00% 19.26% 58.13%
Utilities
2.53% 0.00% 17.07% 63.75%
Energy
1.76% 0.00% 29.42% 87.50%

Stock Geographic Breakdown

Weighting Return Low Return High PAAJX % Rank
US
54.73% 24.88% 87.76% 48.13%
Non US
29.55% 0.00% 37.50% 10.94%

Bond Sector Breakdown

Weighting Return Low Return High PAAJX % Rank
Derivative
23.52% 0.00% 42.39% 4.38%
Cash & Equivalents
20.00% 0.66% 100.00% 46.88%
Securitized
17.86% 0.00% 37.00% 32.81%
Corporate
17.12% 0.00% 99.21% 85.00%
Government
12.77% 0.00% 87.74% 61.25%
Municipal
8.74% 0.00% 19.30% 3.75%

Bond Geographic Breakdown

Weighting Return Low Return High PAAJX % Rank
US
11.92% 0.00% 43.32% 59.69%
Non US
0.67% -12.42% 14.57% 78.13%

PAAJX - Expenses

Operational Fees

PAAJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.22% 0.01% 3.97% 86.67%
Management Fee 0.09% 0.00% 1.67% 29.28%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.28% N/A

Sales Fees

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

Trading Fees

PAAJX 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.

PAAJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 70.00% 0.00% 350.90% 71.01%

PAAJX - Distributions

Dividend Yield Analysis

PAAJX Category Low Category High PAAJX % Rank
Dividend Yield 0.00% 0.00% 3.47% 33.96%

Dividend Distribution Analysis

PAAJX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

PAAJX Category Low Category High PAAJX % Rank
Net Income Ratio 1.20% -1.39% 7.33% 60.91%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

PAAJX - Fund Manager Analysis

Managers

Jeffrey Bennett


Start Date

Tenure

Tenure Rank

Feb 27, 2018

3.17

3.2%

Jeff Bennett is a Senior Portfolio Manager and Head of Manager Selection for the Invesco Investment Solutions team, which provides customized multi-asset investment strategies for institutional and retail clients. Mr. Bennett joined Invesco when the firm combined with OppenheimerFunds in 2019. Prior to joining Invesco, he was a senior portfolio manager and manager due diligence specialist in the OppenheimerFunds Global Multi-Asset Group (GMAG).

Alessio de Longis


Start Date

Tenure

Tenure Rank

Apr 30, 2020

1.0

1.0%

Alessio de Longis, CFA, has been a portfolio manager since April 29, 2016. Mr. de Longis has been a Vice President of OppenheimerFunds, Inc. since June 2010. He was an Assistant Vice President of the OppenheimerFunds, Inc. from May 2009 to June 2010, a Senior Research Analyst of OppenheimerFunds, Inc. from January 2008 to June 2010, an Intermediate Research Analyst of OppenheimerFunds, Inc. from January 2006 to January 2008 and a Junior Analyst with OppenheimerFunds, Inc. from February 2004 to January 2006.

Jacob Borbidge


Start Date

Tenure

Tenure Rank

Apr 30, 2020

1.0

1.0%

Blank

Duy Nguyen


Start Date

Tenure

Tenure Rank

Apr 30, 2020

1.0

1.0%

Duy Nguyen serves as Chief Investment Officer and Portfolio Manager for Invesco Global Solutions Development and Implementation. He has been with Invesco since 2000, most recently on the Invesco Global Quantitative Strategies team. Previously, he was assistant vice president and quantitative equity analyst with Van Kampen American Capital, and vice president and director of quantitative services for FactSet Research Systems.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 40.35 6.62 1.33