VADAX: Invesco Equally-Wtd S&P 500 A

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VADAX Invesco Equally-Wtd S&P 500 A


Profile

VADAX - Profile

Vitals

  • YTD Return -2.9%
  • 3 Yr Annualized Return 2.4%
  • 5 Yr Annualized Return 5.8%
  • Net Assets $6.04 B
  • Holdings in Top 10 5.2%

52 WEEK LOW AND HIGH

$61.75
$39.70
$65.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return -2.9%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 5.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.55%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Equally-Weighted S&P 500 Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Jul 28, 1997
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Jeanette

Fund Description

The fund invests in a diversified portfolio of common stocks represented in the S&P® 500 Equal Weight Index (the underlying index). The underlying index assigns each common stock included in the S&P 500 Index an equal weight at each rebalance. The fund’s portfolio managers, will generally adjust its investment securities to correspond with changes made to the underlying index.


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Categories

Fund Company Quick Screens

VADAX - Fund Company Quick Screens


Performance

VADAX - Performance

Return Ranking - Trailing

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.9% -37.3% 2006.2% 81.59%
1 Yr -1.2% -73.2% 2122.4% 75.15%
3 Yr 2.4%* -33.7% 191.6% 49.18%
5 Yr 5.8%* -21.2% 99.1% 37.14%
10 Yr 8.5%* -6.2% 39.2% 27.46%

* Annualized

Return Ranking - Calendar

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
2019 23.0% -72.6% 39.5% 44.60%
2018 -13.8% -67.0% 10.0% 46.22%
2017 15.1% -32.8% 33.2% 39.87%
2016 12.6% -18.6% 19.7% 5.76%
2015 -5.4% -35.5% 7.8% 47.57%

Total Return Ranking - Trailing

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.9% -37.3% 2006.2% 81.59%
1 Yr -1.2% -73.2% 2122.4% 75.06%
3 Yr 2.4%* -33.7% 191.6% 72.23%
5 Yr 5.8%* -13.8% 99.1% 71.81%
10 Yr 8.5%* -4.3% 39.2% 72.40%

* Annualized

Total Return Ranking - Calendar

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
2019 23.0% -72.6% 39.5% 44.77%
2018 -13.8% -67.0% 10.0% 69.72%
2017 15.1% -22.1% 33.2% 77.64%
2016 12.6% -16.4% 26.8% 14.56%
2015 -5.4% -26.4% 106.5% 77.78%

NAV & Total Return History


Holdings

VADAX - Holdings

Concentration Analysis

VADAX Category Low Category High VADAX % Rank
Net Assets 6.04 B 1.14 K 974 B 19.03%
Number of Holdings 512 1 3529 12.80%
Net Assets in Top 10 311 M 48.8 K 236 B 51.86%
Weighting of Top 10 5.23% 3.2% 100.0% 99.92%

Top 10 Holdings

  1. E-mini S&P 500 Future Sept 20 2.00%
  2. Invesco Shrt-Trm Inv Treasury Instl 0.75%
  3. Invesco Shrt-Trm Inv Gov&Agcy Instl 0.65%
  4. Invesco Shrt-Trm Inv Liq Assets Instl 0.46%
  5. Gap Inc 0.23%
  6. ResMed Inc 0.23%
  7. Eli Lilly and Co 0.22%
  8. The AES Corp 0.22%
  9. Lam Research Corp 0.22%
  10. Hologic Inc 0.22%

Asset Allocation

Weighting Return Low Return High VADAX % Rank
Stocks
100.14% 80.83% 167.47% 6.23%
Preferred Stocks
0.00% 0.00% 14.67% 69.85%
Other
0.00% -4.07% 88.39% 68.72%
Convertible Bonds
0.00% 0.00% 13.87% 69.53%
Bonds
0.00% 0.00% 72.82% 72.55%
Cash
-0.13% -124.99% 19.17% 92.63%

Stock Sector Breakdown

Weighting Return Low Return High VADAX % Rank
Industrials
14.52% 0.00% 28.15% 6.52%
Technology
13.97% 0.00% 38.54% 92.49%
Financial Services
13.95% 0.00% 42.66% 41.75%
Healthcare
13.03% 0.00% 31.05% 83.75%
Consumer Cyclical
12.44% 0.00% 50.96% 25.41%
Consumer Defense
7.31% 0.00% 32.98% 57.84%
Real Estate
5.91% 0.00% 12.00% 5.94%
Utilities
5.44% 0.00% 29.37% 5.86%
Energy
4.90% -1.47% 13.74% 13.12%
Communication Services
4.52% 0.00% 28.36% 89.60%
Basic Materials
4.02% -0.14% 13.17% 17.49%

Stock Geographic Breakdown

Weighting Return Low Return High VADAX % Rank
US
98.54% 80.53% 157.79% 25.28%
Non US
1.60% -1.85% 19.64% 49.92%

Expenses

VADAX - Expenses

Operational Fees

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.01% 49.73% 80.22%
Management Fee 0.11% 0.00% 2.00% 9.59%
12b-1 Fee 0.25% 0.00% 1.00% 47.09%
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 1.50% 5.75% 60.95%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 475.00% 31.43%

Distributions

VADAX - Distributions

Dividend Yield Analysis

VADAX Category Low Category High VADAX % Rank
Dividend Yield 0.00% 0.00% 15.31% 68.66%

Dividend Distribution Analysis

VADAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

VADAX Category Low Category High VADAX % Rank
Net Income Ratio 1.55% -3.93% 3.34% 28.67%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

VADAX - Fund Manager Analysis

Managers

Michael Jeanette


Start Date

Tenure

Tenure Rank

Jul 13, 2020

0.13

0.1%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Tony Seisser


Start Date

Tenure

Tenure Rank

Jul 13, 2020

0.13

0.1%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

Peter Hubbard


Start Date

Tenure

Tenure Rank

Jul 13, 2020

0.13

0.1%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 34.15 6.43 0.67