Invesco American Franchise A
- VAFAX
- Price as of: Feb 25, 2021
-
$30.41
N/A N/A
- Primary Theme
- U.S. Large-Cap Growth Equity
- Fund Company
- Invesco
- Share Class
VAFAX - Snapshot
Vitals
- YTD Return 2.4%
- 3 Yr Annualized Return 18.9%
- 5 Yr Annualized Return 21.4%
- Net Assets $15.2 B
- Holdings in Top 10 41.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.00%
SALES FEES
- Front Load 5.50%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 52.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $250
Fund Classification
-
Primary Theme
U.S. Large-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Growth
VAFAX - Profile
Distributions
- YTD Total Return 2.4%
- 3 Yr Annualized Total Return 16.7%
- 5 Yr Annualized Total Return 20.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.15%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameInvesco American Franchise Fund
-
Fund Family NameInvesco
-
Inception DateJun 23, 2005
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerErik Voss
Fund Description
The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of U.S. issuers. It invests primarily in securities that are considered by the fund's portfolio managers to have potential for earnings or revenue growth. The fund may invest up to 20% of its net assets in securities of foreign issuers. It is non-diversified.
VAFAX - Performance
Return Ranking - Trailing
Period | VAFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -5.3% | 55.6% | 46.59% |
1 Yr | 38.8% | -9.0% | 131.7% | 22.49% |
3 Yr | 18.9%* | -1.2% | 45.9% | 35.74% |
5 Yr | 21.4%* | -2.1% | 45.4% | 28.33% |
10 Yr | 14.6%* | 6.9% | 23.9% | 58.74% |
* Annualized
Return Ranking - Calendar
Period | VAFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 30.3% | -67.0% | 145.0% | 33.05% |
2019 | 27.6% | -28.8% | 76.0% | 31.13% |
2018 | -12.5% | -64.5% | 19.1% | 56.00% |
2017 | 20.6% | -68.7% | 64.3% | 44.99% |
2016 | -1.9% | -56.6% | 15.3% | 61.50% |
Total Return Ranking - Trailing
Period | VAFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -2.8% | 55.6% | 49.38% |
1 Yr | 31.1% | -9.0% | 131.7% | 41.59% |
3 Yr | 16.7%* | -3.1% | 45.9% | 51.79% |
5 Yr | 20.1%* | -3.3% | 45.4% | 42.40% |
10 Yr | 13.9%* | 6.9% | 23.9% | 68.20% |
* Annualized
Total Return Ranking - Calendar
Period | VAFAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 30.3% | -67.0% | 145.0% | 33.05% |
2019 | 27.6% | -28.8% | 76.0% | 31.29% |
2018 | -12.5% | -64.5% | 29.5% | 71.71% |
2017 | 20.6% | -24.8% | 64.3% | 77.46% |
2016 | -1.9% | -56.6% | 17.1% | 78.40% |
NAV & Total Return History
VAFAX - Holdings
Concentration Analysis
VAFAX | Category Low | Category High | VAFAX % Rank | |
---|---|---|---|---|
Net Assets | 15.2 B | 10.3 K | 253 B | 12.07% |
Number of Holdings | 97 | 1 | 2486 | 27.37% |
Net Assets in Top 10 | 6.35 B | 213 K | 96.2 B | 14.72% |
Weighting of Top 10 | 41.09% | 10.4% | 100.0% | 64.34% |
Top 10 Holdings
- Amazon.com Inc 9.39%
- Alphabet Inc A 4.79%
- Facebook Inc A 4.67%
- Microsoft Corp 4.65%
- Qualcomm Inc 3.55%
- Lowe's Companies Inc 3.19%
- Alibaba Group Holding Ltd ADR 2.94%
- PayPal Holdings Inc 2.81%
- Apple Inc 2.79%
- Visa Inc Class A 2.77%
Asset Allocation
Weighting | Return Low | Return High | VAFAX % Rank | |
---|---|---|---|---|
Stocks | 99.88% | 51.91% | 142.50% | 14.08% |
Cash | 0.12% | -42.50% | 48.09% | 81.09% |
Preferred Stocks | 0.00% | 0.00% | 5.09% | 25.46% |
Other | 0.00% | -5.20% | 21.26% | 31.64% |
Convertible Bonds | 0.00% | 0.00% | 15.24% | 17.95% |
Bonds | 0.00% | -0.67% | 31.29% | 22.43% |
Stock Sector Breakdown
Weighting | Return Low | Return High | VAFAX % Rank | |
---|---|---|---|---|
Technology | 29.50% | 0.00% | 88.27% | 62.99% |
Consumer Cyclical | 21.20% | 0.00% | 38.89% | 10.38% |
Communication Services | 16.42% | 0.00% | 68.14% | 24.21% |
Healthcare | 10.64% | 0.00% | 61.09% | 82.41% |
Financial Services | 10.55% | 0.00% | 41.22% | 42.31% |
Industrials | 4.10% | 0.00% | 30.46% | 68.80% |
Basic Materials | 3.21% | 0.00% | 19.40% | 10.30% |
Consumer Defense | 2.76% | 0.00% | 19.50% | 64.53% |
Real Estate | 0.91% | 0.00% | 22.68% | 61.22% |
Energy | 0.71% | 0.00% | 14.46% | 19.06% |
Utilities | 0.00% | 0.00% | 10.98% | 44.44% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | VAFAX % Rank | |
---|---|---|---|---|
US | 88.73% | 11.18% | 140.12% | 75.35% |
Non US | 11.15% | 0.00% | 82.96% | 14.94% |
VAFAX - Expenses
Operational Fees
VAFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.00% | 0.01% | 23.28% | 50.23% |
Management Fee | 0.58% | 0.00% | 1.50% | 38.37% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 30.12% |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
VAFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 2.25% | 8.50% | 47.67% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
VAFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 5.00% | 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.
VAFAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 52.00% | 0.00% | 358.00% | 63.25% |
VAFAX - Distributions
Dividend Yield Analysis
VAFAX | Category Low | Category High | VAFAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.98% | 19.14% |
Dividend Distribution Analysis
VAFAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
VAFAX | Category Low | Category High | VAFAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.15% | -56.00% | 1.99% | 56.98% |
Capital Gain Distribution Analysis
VAFAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 13, 2013 | $0.016 |
Jun 20, 2013 | $0.002 |
Dec 07, 2012 | $0.003 |
VAFAX - Fund Manager Analysis
Managers
Erik Voss
Start Date
Tenure
Tenure Rank
Jun 25, 2010
10.61
10.6%
Erik Voss is a portfolio manager and has been associated with Invesco and/or its affiliates since 2010. Prior to joining Invesco, Mr. Voss was a portfolio manager with J&W Seligman Investments focusing on growth equity portfolios. As leader of the Seligman Growth team, he managed eight sector analysts and implemented a process he has developed over his career. Previously, Mr. Voss worked on teams at both Conseco Capital and Wells Capital Management, where at the latter he managed two large-cap growth portfolios. Before Wells Capital, he was an analyst for Gardner Lewis Asset Management, where he researched and invested in stocks of all market capitalizations and across multiple industries. Mr. Voss earned a Bachelor of Science degree in mathematics and a Master of Science degree in finance, both from the University of Wisconsin, where he was also a member of the Applied Securities Program. He is a CFA charterholder.
Ido Cohen
Start Date
Tenure
Tenure Rank
Jun 28, 2010
10.6
10.6%
Ido Cohen is a portfolio manger for Invesco large-cap growth equity strategies and is lead manager for Invesco leisure products. He has been associated with Invesco and/or its affiliates since 2010. Prior to joining Invesco, he was a vice president at J&W Seligman Investments from 2007 to 2010, where he worked as a senior analyst focusing on information technology, media and telecommunications equities. Mr. Cohen began his investment career in 1997 as a high yield research analyst with Banker’s Trust focusing on the telecommunications industry. In 1999 he joined Credit Suisse’s U.S. equities telecommunications research team; he went on to become a senior analyst and co-head of the team in 2004. In 2006, Mr. Cohen joined a technology, media and telecommunications focused investment team at Diamondback Capital, and then in 2007 he joined J&W Seligman’s growth team. Mr. Cohen is a cum laude graduate of The Wharton School of the University of Pennsylvania with a Bachelor of Science degree in economics.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 53.12 | 7.71 | 1.08 |