VADAX: Invesco Equally-Wtd S&P 500 A

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

VADAX Invesco Equally-Wtd S&P 500 A

  • Fund
  • VADAX
  • Price as of: Dec 12, 2019
  • $65.42
    + $0.68 + 1.05%

Profile

VADAX - Profile

Vitals

  • YTD Return 26.6%
  • 3 Yr Annualized Return 7.2%
  • 5 Yr Annualized Return 6.7%
  • Net Assets $7.76 B
  • Holdings in Top 10 3.1%

52 WEEK LOW AND HIGH

$65.42
$48.71
$65.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 26.6%
  • 3 Yr Annualized Total Return 7.2%
  • 5 Yr Annualized Total Return 6.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.55%
DIVIDENDS
  • Dividend Yield 1.3%
  • 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
    Glen E. Murphy

Fund Description

The fund invests in a diversified portfolio of common stocks represented in the Standard & Poor's® 500 Composite Stock Price Index (S&P 500 Index). It generally invests in each common stock included in the S&P 500 Index in approximately equal proportions. The fund's investment adviser will adjust the fund's investment securities on a quarterly basis to maintain an approximately equal weighting of each S&P 500 Index stock.


Get Updates About VADAX

Sign up for Advisor Access to receive email updates about VADAX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Performance

VADAX - Performance

Return Ranking - Trailing

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
YTD 26.6% -15.6% 39.2% 30.07%
1 Yr 12.3% -58.2% 28.7% 54.86%
3 Yr 7.2%* -32.0% 58.6% 45.17%
5 Yr 6.7%* -26.5% 30.5% 36.54%
10 Yr 9.9%* -9.0% 14.5% 32.61%

* Annualized

Return Ranking - Calendar

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.8% -67.0% 10.0% 46.99%
2017 15.1% -32.8% 302.5% 38.40%
2016 12.6% -26.1% 19.7% 5.14%
2015 -5.4% -82.5% 7.8% 46.16%
2014 11.0% -28.7% 24.1% 19.28%

Total Return Ranking - Trailing

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
YTD 26.6% -15.6% 39.2% 30.07%
1 Yr 12.3% -58.2% 28.7% 60.96%
3 Yr 7.2%* -21.9% 58.6% 70.83%
5 Yr 6.7%* -16.9% 30.5% 68.22%
10 Yr 9.9%* -4.1% 17.5% 65.79%

* Annualized

Total Return Ranking - Calendar

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.8% -67.0% 10.0% 70.26%
2017 15.1% -22.1% 302.5% 77.19%
2016 12.6% -16.4% 23.8% 13.99%
2015 -5.4% -26.4% 106.5% 76.75%
2014 11.0% -24.8% 25.9% 47.90%

NAV & Total Return History


Holdings

VADAX - Holdings

Concentration Analysis

VADAX Category Low Category High VADAX % Rank
Net Assets 7.76 B 134 K 875 B 9.64%
Number of Holdings 511 2 3613 12.60%
Net Assets in Top 10 228 M 6.67 K 155 B 53.51%
Weighting of Top 10 3.05% 2.2% 1400.6% 99.75%

Top 10 Holdings

  1. E-mini S&P 500 Futures Dec19 1.08%
  2. Marathon Petroleum Corp 0.23%
  3. Ulta Beauty Inc 0.22%
  4. CDW Corp 0.22%
  5. Cintas Corp 0.22%
  6. Nike Inc B 0.22%
  7. Equinix Inc 0.22%
  8. AbbVie Inc 0.22%
  9. Kimberly-Clark Corp 0.21%
  10. Chipotle Mexican Grill Inc Class A 0.21%

Asset Allocation

Weighting Return Low Return High VADAX % Rank
Stocks
100.12% -1.18% 145.87% 3.72%
Preferred Stocks
0.00% -17.98% 6.21% 92.56%
Other
0.00% -1.51% 26.48% 90.53%
Convertible Bonds
0.00% 0.00% 9.79% 92.31%
Bonds
0.00% -0.23% 63.47% 92.90%
Cash
-0.12% -91.54% 101.18% 94.59%

Stock Sector Breakdown

Weighting Return Low Return High VADAX % Rank
Consumer Cyclical
15.01% 0.00% 74.42% 8.98%
Financial Services
14.40% 0.00% 106.34% 75.70%
Industrials
14.29% 0.00% 79.24% 11.26%
Technology
13.03% 0.00% 118.30% 85.01%
Healthcare
12.17% 0.00% 92.30% 75.02%
Consumer Defense
7.56% 0.00% 71.31% 53.51%
Real Estate
6.56% -3.11% 64.58% 6.52%
Utilities
5.84% -13.41% 21.36% 7.96%
Energy
5.51% -1.47% 70.63% 17.02%
Basic Materials
4.34% -3.81% 23.60% 12.36%
Communication Services
1.41% 0.00% 27.72% 88.31%

Stock Geographic Breakdown

Weighting Return Low Return High VADAX % Rank
US
98.54% 80.02% 687.00% 21.30%
Non US
1.58% -688.18% 20.06% 53.42%

Expenses

VADAX - Expenses

Operational Fees

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.00% 119.91% 82.16%
Management Fee 0.11% 0.00% 2.00% 9.97%
12b-1 Fee 0.25% 0.00% 1.00% 59.68%
Administrative Fee N/A 0.00% 0.85% 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% 63.89%
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 0.05% 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 22.00% 0.00% 838.00% 32.82%

Distributions

VADAX - Distributions

Dividend Yield Analysis

VADAX Category Low Category High VADAX % Rank
Dividend Yield 1.26% 0.00% 8.17% 11.07%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

VADAX Category Low Category High VADAX % Rank
Net Income Ratio 1.55% -2.85% 2.89% 24.10%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

VADAX - Fund Manager Analysis

Managers

Glen E. Murphy


Start Date

Tenure

Tenure Rank

Jun 25, 2010

9.44

9.4%

Glen Murphy is a portfolio manager with the Global Quantitative Equity team. Mr. Murphy joined Invesco in 1995 as a portfolio administrator and became a portfolio manager in 1998. Prior to joining Invesco, he was a manager in the fund accounting department at The Boston Company. Mr. Murphy earned a Bachelor of Arts degree in business administration from the University of Massachusetts at Amherst and a Master of Science degree in finance from Boston College. He is a CFA charter holder and a member of the Boston Security Analysts Society. He is also registered with the National Futures Association (NFA) as an associated person of Invesco and as a branch manager.

Daniel Tsai


Start Date

Tenure

Tenure Rank

Jun 25, 2010

9.44

9.4%

Daniel Tsai is a senior portfolio manager with the Global Quantitative Equity team. Prior to joining Invesco in 2000, Mr. Tsai worked for Ford Motor Co., which he joined in 1993 as a senior software developer and project leader. His group was responsible for developing in-house software tools for vehicle durability engineering analyses. Previously, he was a project manager/system manager from 1990 to 1993 at Optimal CAE Inc., a consulting firm serving the auto industry. He earned a Bachelor of Science degree in mechanical engineering from National Taiwan University and a Master of Science degree in mechanical engineering from the University of Michigan. He also earned a Master of Science degree in computer science at Wayne State University. Mr. Tsai is a CFA charterholder.

Anthony J. Munchak


Start Date

Tenure

Tenure Rank

Aug 20, 2010

9.28

9.3%

Anthony Munchak is a portfolio manager with the Global Quantitative Equity team. Prior to joining Invesco in 2000, Mr. Munchak was a portfolio manager at Guaranty Capital Corp. for two years. He also held a number of finance roles in his five years at Fidelity Investments. Prior to Fidelity, he was a registered representative at the investment banking firm of Fechtor, Detwiler & Co. in Boston. Mr. Munchak earned Bachelor of Science and Master of Science degrees in finance from Boston College. He also earned a Master of Business Administration degree from Bentley College. Mr. Munchak is a CFA charterholder and a member of the Boston Security Analysts Society.

Francis M. Orlando


Start Date

Tenure

Tenure Rank

Aug 20, 2010

9.28

9.3%

Francis Orlando is a portfolio manager with the Global Quantitative Equity team. Mr. Orlando began his investment career with Invesco in 1987. Prior to joining the Global Quantitative Equity team in 2001, he was a portfolio manager with the fixed income group. Mr. Orlando earned a Bachelor of Arts degree in business administration from Merrimack College and a Master of Business Administration degree from Boston University. He is a CFA charterholder and a member of the Boston Security Analysts Society.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.39 6.01 0.42