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SMMIX Invesco Summit P

  • Fund
  • SMMIX
  • Price as of: Apr 24, 2019
  • $21.09 - $0.09 - 0.43%
  • Category
  • Large Cap Growth Equities

SMMIX - Profile

Vitals

  • YTD Return 21.8%
  • 3 Yr Annualized Return 10.0%
  • 5 Yr Annualized Return 4.6%
  • Net Assets $2.3 B
  • Holdings in Top 10 40.9%

52 WEEK LOW AND HIGH

$21.09
$16.11
$23.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.87%

SALES FEES

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

BROKERAGE FEES

  • Turnover 35.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Oct 30, 2002

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 21.8%
  • 3 Yr Annualized Total Return 10.0%
  • 5 Yr Annualized Total Return 4.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Invesco Summit Fund
  • Fund Family Name Invesco
  • Inception Date Nov 01, 1982
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States

Fund Description

The Invesco Summit Fund Class P (SMMIX) is an actively managed fund that seeks to aggressively grow investor capital. The fund is a classic GARP fund and uses fundamental analysis to find stocks that show high revenue, earnings and cash flow growth that have not been reflected in the stock price or valuations. SMMIX can invest in small-, mid- and large-cap stocks domiciled in the U.S.

SMMIX’s expenses are low, and its focus on growth across all market capitalizations makes it a great subcore choice in a diversified, broad portfolio. The fund is internally managed by Invesco Advisors.

SMMIX - Performance

Return Ranking - Trailing

Period SMMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.8% -5.4% 29.2% 17.29%
1 Yr 3.1% -60.4% 26.3% 39.42%
3 Yr 10.0%* -37.7% 21.1% 23.50%
5 Yr 4.6%* -30.5% 22.2% 37.87%
10 Yr 9.8%* -11.9% 17.8% 42.23%

* Annualized


Return Ranking - Calendar

Period SMMIX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.0% -65.5% 5.0% 47.59%
2017 25.2% -24.8% 41.0% 13.56%
2016 -3.6% -56.6% 18.1% 70.65%
2015 -0.4% -38.0% 11.4% 30.15%
2014 -5.2% -52.4% 105.4% 84.11%

Total Return Ranking - Trailing

Period SMMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.8% 0.0% 29.2% 17.29%
1 Yr 3.1% -60.4% 43.4% 62.15%
3 Yr 10.0%* -37.7% 26.9% 61.66%
5 Yr 4.6%* -30.5% 31.0% 79.41%
10 Yr 9.8%* -11.9% 19.8% 80.35%

* Annualized


Total Return Ranking - Calendar

Period SMMIX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.0% -65.5% 16.5% 67.10%
2017 25.2% -24.8% 48.9% 48.86%
2016 -3.6% -56.6% 26.8% 87.09%
2015 -0.4% -38.0% 17.3% 65.78%
2014 -5.2% -52.4% 120.7% 94.43%

NAV & Total Return History

SMMIX - Holdings

Concentration Analysis

SMMIX Category Low Category High SMMIX % Rank
Net Assets 2.3 B 898 K 188 B 40.79%
Number of Holdings 104 6 2051 27.86%
Net Assets in Top 10 812 M 519 K 54.6 B 41.57%
Weighting of Top 10 40.90% 12.8% 2580.2% 36.94%

Top 10 Holdings

  1. Amazon.com Inc 8.91%

  2. Alphabet Inc Class C 6.88%

  3. Visa Inc Class A 4.69%

  4. Facebook Inc A 3.85%

  5. UnitedHealth Group Inc 3.76%

  6. Salesforce.com Inc 2.91%

  7. Microsoft Corp 2.90%

  8. Mastercard Inc A 2.39%

  9. Lowe's Companies Inc 2.33%

  10. Alibaba Group Holding Ltd ADR 2.26%


Asset Allocation

Weighting Return Low Return High SMMIX % Rank
Stocks
99.26% 18.46% 102.38% 24.02%
Cash
0.74% -2546.61% 57.26% 70.04%
Preferred Stocks
0.00% 0.00% 14.01% 95.37%
Other
0.00% -14.14% 43.05% 93.97%
Convertible Bonds
0.00% 0.00% 2.57% 94.50%
Bonds
0.00% 0.00% 2544.23% 94.50%

Stock Sector Breakdown

Weighting Return Low Return High SMMIX % Rank
Technology
34.18% 0.00% 62.60% 27.16%
Consumer Cyclical
20.36% 0.00% 30.98% 15.02%
Healthcare
15.72% 0.00% 96.28% 41.40%
Financial Services
10.89% 0.00% 39.70% 63.93%
Industrials
7.51% 0.00% 25.15% 71.62%
Consumer Defense
4.60% 0.00% 16.35% 52.84%
Energy
2.31% 0.00% 14.90% 35.90%
Communication Services
1.80% 0.00% 14.48% 51.27%
Basic Materials
1.63% 0.00% 12.25% 55.11%
Real Estate
0.26% 0.00% 6.87% 57.82%
Utilities
0.00% 0.00% 15.89% 95.98%

Stock Geographic Breakdown

Weighting Return Low Return High SMMIX % Rank
US
89.94% 6.62% 101.44% 67.77%
Non US
9.32% 0.00% 92.29% 20.70%

SMMIX - Expenses

Operational Fees

SMMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.87% 0.00% 15.15% 68.03%
Management Fee 0.63% 0.00% 1.44% 48.47%
12b-1 Fee 0.10% 0.00% 1.00% 22.00%
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

SMMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

SMMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 5.00% N/A

Turnover 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.

SMMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 35.00% 0.00% 650.00% 38.08%

SMMIX - Distributions

Dividend Yield Analysis

SMMIX Category Low Category High SMMIX % Rank
Dividend Yield 0.00% 0.00% 0.12% 95.81%

Dividend Distribution Analysis

SMMIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History


Net Income Ratio Analysis

SMMIX Category Low Category High SMMIX % Rank
Net Income Ratio -0.09% -14.30% 2.62% 59.04%

Capital Gain Distribution Analysis

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

SMMIX - Managers

Tenure Analysis

Category Low

0.0

Category High

51.28

Category Average

8.62

Category Mode

7.92