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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$16.40

$2.35 B

1.09%

$0.18

0.84%

Vitals

YTD Return

11.7%

1 yr return

26.4%

3 Yr Avg Return

10.6%

5 Yr Avg Return

10.5%

Net Assets

$2.35 B

Holdings in Top 10

70.4%

52 WEEK LOW AND HIGH

$16.2
$14.29
$16.78

Expenses

OPERATING FEES

Expense Ratio 0.84%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 70.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Allocation--70% to 85% Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$16.40

$2.35 B

1.09%

$0.18

0.84%

PAAJX - Profile

Distributions

  • YTD Total Return 11.7%
  • 3 Yr Annualized Total Return 10.6%
  • 5 Yr Annualized Total Return 10.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.20%
DIVIDENDS
  • Dividend Yield 1.1%
  • 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 11.7% 4.8% 27.5% 56.40%
1 Yr 26.4% 9.7% 53.1% 22.19%
3 Yr 10.6%* 1.9% 16.5% 51.02%
5 Yr 10.5%* 4.0% 16.4% 59.51%
10 Yr 10.1%* 6.8% 14.2% 60.34%

* Annualized

Return Ranking - Calendar

Period PAAJX Return Category Return Low Category Return High Rank in Category (%)
2020 0.2% -21.0% 26.2% 87.67%
2019 N/A 1.1% 24.7% N/A
2018 N/A -48.9% -3.9% N/A
2017 N/A -4.4% 18.4% N/A
2016 N/A -7.8% 13.5% N/A

Total Return Ranking - Trailing

Period PAAJX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.7% 4.8% 27.5% 56.69%
1 Yr 26.4% 5.3% 60.7% 24.40%
3 Yr 10.6%* -4.8% 22.3% 36.54%
5 Yr 10.5%* 3.9% 16.5% 47.46%
10 Yr 10.1%* 6.5% 14.2% 54.12%

* Annualized

Total Return Ranking - Calendar

Period PAAJX Return Category Return Low Category Return High Rank in Category (%)
2020 0.2% -21.0% 26.2% 87.67%
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 2.35 B 1 M 124 B 33.99%
Number of Holdings 97 4 20589 21.98%
Net Assets in Top 10 1.72 B 2.04 K 27.7 B 20.64%
Weighting of Top 10 70.38% 9.2% 100.0% 39.20%

Top 10 Holdings

  1. Invesco Global R6 11.14%
  2. Invesco Discovery Mid Cap Growth R6 8.81%
  3. Invesco Main Street Small Cap R6 8.05%
  4. Invesco S&P SmallCap Low Volatility ETF 7.55%
  5. Invesco Core Plus Bond R6 7.45%
  6. Invesco Russell 1000® Dynamic Mltfct ETF 7.29%
  7. Invesco S&P 500® Low Volatility ETF 6.53%
  8. Invesco S&P 500® Pure Growth ETF 4.82%
  9. Invesco Developing Markets R6 4.77%
  10. Invesco International Small-Mid Com R6 3.97%

Asset Allocation

Weighting Return Low Return High PAAJX % Rank
Stocks
80.43% 37.46% 100.00% 36.73%
Bonds
15.71% 0.00% 48.86% 41.82%
Other
1.89% -3.97% 16.58% 11.53%
Cash
1.34% -3.63% 23.69% 68.90%
Preferred Stocks
0.46% 0.00% 21.30% 26.81%
Convertible Bonds
0.16% 0.00% 25.93% 77.75%

Stock Sector Breakdown

Weighting Return Low Return High PAAJX % Rank
Technology
18.63% 0.00% 51.30% 43.43%
Industrials
14.99% 0.00% 51.90% 8.04%
Financial Services
12.64% 0.00% 54.87% 78.02%
Consumer Cyclical
12.24% 0.00% 44.08% 32.44%
Healthcare
11.21% 0.00% 34.01% 70.24%
Communication Services
7.41% 0.00% 15.57% 61.39%
Real Estate
6.70% 0.00% 65.57% 34.32%
Consumer Defense
6.51% 0.00% 25.60% 43.70%
Basic Materials
4.30% 0.00% 51.08% 51.47%
Utilities
3.65% 0.00% 19.14% 20.38%
Energy
1.71% 0.00% 39.46% 91.42%

Stock Geographic Breakdown

Weighting Return Low Return High PAAJX % Rank
US
51.05% 24.76% 100.00% 79.36%
Non US
29.38% 0.00% 37.90% 7.51%

Bond Sector Breakdown

Weighting Return Low Return High PAAJX % Rank
Derivative
21.36% 0.00% 42.04% 6.99%
Government
18.45% 0.00% 100.00% 54.30%
Cash & Equivalents
16.73% 0.00% 100.00% 50.54%
Corporate
15.73% 0.00% 99.38% 88.98%
Securitized
15.43% 0.00% 33.51% 25.27%
Municipal
12.31% 0.00% 23.83% 4.03%

Bond Geographic Breakdown

Weighting Return Low Return High PAAJX % Rank
US
15.75% 0.00% 39.67% 25.74%
Non US
-0.04% -21.10% 17.83% 95.71%

PAAJX - Expenses

Operational Fees

PAAJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.84% 0.12% 4.19% 61.50%
Management Fee 0.09% 0.00% 1.30% 31.05%
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 0.00% 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 2.00% 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% 3.00% 350.90% 73.24%

PAAJX - Distributions

Dividend Yield Analysis

PAAJX Category Low Category High PAAJX % Rank
Dividend Yield 1.09% 0.00% 1.67% 43.85%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PAAJX Category Low Category High PAAJX % Rank
Net Income Ratio 1.20% -0.52% 6.16% 55.07%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

PAAJX - Fund Manager Analysis

Managers

Jeffrey Bennett


Start Date

Tenure

Tenure Rank

Feb 27, 2018

3.59

3.6%

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

1.42

1.4%

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.

Duy Nguyen


Start Date

Tenure

Tenure Rank

Apr 30, 2020

1.42

1.4%

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.

Jacob Borbidge


Start Date

Tenure

Tenure Rank

Apr 30, 2020

1.42

1.4%

Blank

Tenure Analysis

Category Low Category High Category Average Category Mode
0.11 40.77 6.86 1.75