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Invesco Oppenheimer Portfolio Series: Active Allocation Fund
- PAAQX
- Price as of: Oct 23, 2020
-
$14.90
N/A N/A
- Primary Theme
- U.S. Growth/Balanced Allocation
- Fund Company
- Invesco
- Share Class
PAAQX - Snapshot
Vitals
- YTD Return 2.1%
- 3 Yr Annualized Return 4.6%
- 5 Yr Annualized Return 7.4%
- Net Assets $2.16 B
- Holdings in Top 10 75.5%
52 WEEK LOW AND HIGH
$14.90
$10.31
$15.88
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.18%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 38.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Growth/Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--70% to 85% Equity
PAAQX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 4.6%
- 5 Yr Annualized Total Return 7.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.90%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameInvesco Active Allocation Fund
-
Fund Family NameInvesco
-
Inception DateMay 24, 2019
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJeffrey 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.
PAAQX - Performance
Return Ranking - Trailing
| Period | PAAQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -37.7% | 19.5% | 54.52% |
| 1 Yr | 5.8% | -36.1% | 30.9% | 60.66% |
| 3 Yr | 4.6%* | -13.8% | 14.9% | 65.89% |
| 5 Yr | 7.4%* | -1.5% | 14.2% | 67.34% |
| 10 Yr | 7.3%* | 4.3% | 11.8% | 72.05% |
* Annualized
Return Ranking - Calendar
| Period | PAAQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | 1.1% | 24.7% | N/A |
| 2018 | N/A | -30.8% | -2.9% | N/A |
| 2017 | N/A | -4.4% | 18.6% | N/A |
| 2016 | N/A | -7.8% | 13.8% | N/A |
| 2015 | N/A | -20.0% | -1.0% | N/A |
Total Return Ranking - Trailing
| Period | PAAQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -37.7% | 19.5% | 54.18% |
| 1 Yr | 5.8% | -39.3% | 30.9% | 51.15% |
| 3 Yr | 4.6%* | -13.8% | 14.9% | 61.54% |
| 5 Yr | 7.4%* | -1.9% | 14.2% | 63.64% |
| 10 Yr | 7.3%* | 4.3% | 11.8% | 70.31% |
* Annualized
Total Return Ranking - Calendar
| Period | PAAQX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | 1.1% | 25.0% | N/A |
| 2018 | N/A | -27.2% | -2.4% | N/A |
| 2017 | N/A | -4.4% | 22.8% | N/A |
| 2016 | N/A | -7.8% | 22.5% | N/A |
| 2015 | N/A | -20.0% | 7.6% | N/A |
NAV & Total Return History
PAAQX - Holdings
Concentration Analysis
| PAAQX | Category Low | Category High | PAAQX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.16 B | 833 K | 108 B | 33.44% |
| Number of Holdings | 102 | 4 | 19906 | 22.65% |
| Net Assets in Top 10 | 1.58 B | 777 K | 28.6 B | 26.54% |
| Weighting of Top 10 | 75.49% | 12.4% | 100.0% | 38.57% |
Top 10 Holdings
- Invesco Oppenheimer Global R6 14.16%
- Invesco Russell 1000® Dynamic Mltfct ETF 11.62%
- Invesco Comstock Select Fund Class R6 10.98%
- Invesco Oppenheimer International Gr R6 7.01%
- Invesco Oppenheimer International Eq R6 6.81%
- Invesco Oppenheimer Developing Mkts R6 6.24%
- Invesco Oppenheimer Total Return Bond R6 5.75%
- Invesco Oppenheimer Em Mkts Innvtrs R6 4.49%
- Invesco Oppenheimer Intl Sml-Mid Com R6 4.28%
- Invesco Oppenheimer International Bd R6 4.15%
Asset Allocation
| Weighting | Return Low | Return High | PAAQX % Rank | |
|---|---|---|---|---|
| Stocks | 77.43% | 30.99% | 98.32% | 45.31% |
| Bonds | 18.08% | 0.00% | 54.47% | 38.51% |
| Other | 7.14% | -1.87% | 14.60% | 5.50% |
| Preferred Stocks | 0.15% | 0.00% | 12.56% | 42.72% |
| Convertible Bonds | 0.11% | 0.00% | 25.93% | 76.38% |
| Cash | -2.91% | -12.40% | 48.48% | 97.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PAAQX % Rank | |
|---|---|---|---|---|
| Technology | 18.37% | 0.00% | 50.43% | 59.55% |
| Financial Services | 14.12% | 0.29% | 47.45% | 35.60% |
| Consumer Cyclical | 13.02% | 0.00% | 59.01% | 12.94% |
| Industrials | 12.96% | 0.00% | 28.43% | 12.62% |
| Healthcare | 11.86% | 0.00% | 36.39% | 83.17% |
| Communication Services | 7.77% | 0.00% | 19.19% | 71.52% |
| Energy | 5.71% | 0.00% | 23.25% | 8.41% |
| Real Estate | 5.49% | 0.00% | 66.95% | 29.77% |
| Consumer Defense | 5.05% | 0.00% | 18.03% | 89.97% |
| Basic Materials | 3.90% | 0.00% | 18.42% | 41.10% |
| Utilities | 1.76% | 0.00% | 18.84% | 91.26% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PAAQX % Rank | |
|---|---|---|---|---|
| US | 42.18% | 19.62% | 86.52% | 86.73% |
| Non US | 35.25% | 0.00% | 48.35% | 6.47% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PAAQX % Rank | |
|---|---|---|---|---|
| Derivative | 32.95% | 0.00% | 50.97% | 3.24% |
| Government | 27.72% | 0.00% | 95.54% | 24.60% |
| Securitized | 15.19% | 0.00% | 48.65% | 50.16% |
| Cash & Equivalents | 14.74% | 0.00% | 100.00% | 61.81% |
| Corporate | 9.31% | 0.00% | 100.00% | 95.79% |
| Municipal | 0.10% | 0.00% | 17.96% | 58.25% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PAAQX % Rank | |
|---|---|---|---|---|
| US | 13.60% | 0.00% | 46.65% | 52.43% |
| Non US | 4.48% | -7.93% | 12.90% | 19.09% |
PAAQX - Expenses
Operational Fees
| PAAQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.18% | 0.01% | 3.31% | 91.55% |
| Management Fee | 0.09% | 0.00% | 1.75% | 31.85% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.28% | N/A |
Sales Fees
| PAAQX 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
| PAAQX 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.
| PAAQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 38.00% | 0.00% | 442.00% | 56.11% |
PAAQX - Distributions
Dividend Yield Analysis
| PAAQX | Category Low | Category High | PAAQX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 10.98% | 59.55% |
Dividend Distribution Analysis
| PAAQX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| PAAQX | Category Low | Category High | PAAQX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.90% | -4.31% | 6.49% | 36.18% |
Capital Gain Distribution Analysis
| PAAQX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
PAAQX - Fund Manager Analysis
Managers
Jeffrey Bennett
Start Date
Tenure
Tenure Rank
Feb 27, 2018
2.59
2.6%
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
0.42
0.4%
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.
Jacob Borbidge
Start Date
Tenure
Tenure Rank
Apr 30, 2020
0.42
0.4%
Blank
Duy Nguyen
Start Date
Tenure
Tenure Rank
Apr 30, 2020
0.42
0.4%
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.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 39.77 | 7.11 | 0.75 |
