VKMGX: Invesco Quality Income Fund - MutualFunds.com

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VKMGX - Snapshot

Vitals

  • YTD Return 1.7%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 2.9%
  • Net Assets $1.19 B
  • Holdings in Top 10 92.4%

52 WEEK LOW AND HIGH

$11.93
$11.31
$11.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.92%

SALES FEES

  • Front Load 4.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 448.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare VKMGX to Popular U.S. Intermediate-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.56

-0.26%

$291.23 B

2.52%

$0.29

4.62%

0.15%

$87.73

-0.22%

$291.23 B

2.59%

$2.28

4.44%

0.04%

$11.48

-0.26%

$202.43 B

2.61%

$0.30

4.27%

0.09%

$11.58

-0.17%

$89.35 B

2.39%

$0.28

5.85%

0.67%

$117.52

-0.18%

$80.80 B

2.58%

$3.04

4.30%

0.05%

VKMGX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Quality Income Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 31, 1984
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Norris

Fund Description

The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in mortgage-backed securities of any maturity or type guaranteed by, or secured by collateral that is guaranteed by, the U.S. government, its agencies, instrumentalities or sponsored corporations (a Federal Agency), and in mortgage-backed securities privately issued in the United States, and in derivatives and other instruments that have economic characteristics similar to such securities.


VKMGX - Performance

Return Ranking - Trailing

Period VKMGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -12.1% 949.2% 90.64%
1 Yr 5.3% -4.3% 17.5% 81.42%
3 Yr 3.5%* 0.9% 8.4% 93.48%
5 Yr 2.9%* 0.8% 8.2% 94.57%
10 Yr 3.1%* 1.3% 7.7% 85.15%

* Annualized

Return Ranking - Calendar

Period VKMGX Return Category Return Low Category Return High Rank in Category (%)
2019 2.1% -1.7% 13.9% 95.52%
2018 -3.9% -10.3% 2.7% 72.16%
2017 -1.3% -49.5% 8.1% 98.72%
2016 -0.9% -49.3% 192.8% 90.50%
2015 -2.6% -12.2% 0.2% 42.24%

Total Return Ranking - Trailing

Period VKMGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -12.1% 949.2% 90.64%
1 Yr 0.8% -8.3% 17.5% 95.69%
3 Yr 2.0%* 0.2% 8.4% 98.59%
5 Yr 2.1%* 0.5% 8.2% 97.28%
10 Yr 2.7%* 1.3% 7.7% 94.00%

* Annualized

Total Return Ranking - Calendar

Period VKMGX Return Category Return Low Category Return High Rank in Category (%)
2019 2.1% -1.7% 13.9% 95.62%
2018 -3.9% -10.3% 3.9% 75.84%
2017 -1.3% -6.0% 8.4% 99.07%
2016 -0.9% -22.1% 204.3% 93.71%
2015 -2.6% -12.2% 3.7% 59.86%

NAV & Total Return History


VKMGX - Holdings

Concentration Analysis

VKMGX Category Low Category High VKMGX % Rank
Net Assets 1.19 B 3.15 M 291 B 49.77%
Number of Holdings 1059 1 18357 30.25%
Net Assets in Top 10 471 M -1.18 B 39.4 B 39.22%
Weighting of Top 10 92.36% 2.9% 100.0% 1.92%

Top 10 Holdings

  1. 2 Year Treasury Note Future Sept 20 26.15%
  2. 2 Year Treasury Note Future Sept 20 26.15%
  3. 2 Year Treasury Note Future Sept 20 26.15%
  4. 2 Year Treasury Note Future Sept 20 26.15%
  5. 2 Year Treasury Note Future Sept 20 26.15%
  6. 2 Year Treasury Note Future Sept 20 26.15%
  7. 2 Year Treasury Note Future Sept 20 26.15%
  8. 2 Year Treasury Note Future Sept 20 26.15%
  9. 2 Year Treasury Note Future Sept 20 26.15%
  10. 2 Year Treasury Note Future Sept 20 26.15%

Asset Allocation

Weighting Return Low Return High VKMGX % Rank
Bonds
126.27% -57.43% 231.55% 4.80%
Stocks
0.00% -2.10% 10.27% 28.81%
Preferred Stocks
0.00% 0.00% 80.56% 43.11%
Other
0.00% -11.86% 7.38% 20.54%
Convertible Bonds
0.00% 0.00% 11.80% 87.79%
Cash
-26.26% -139.87% 163.89% 94.82%

Bond Sector Breakdown

Weighting Return Low Return High VKMGX % Rank
Securitized
97.53% 0.00% 98.79% 0.19%
Government
2.21% 0.00% 80.09% 93.62%
Cash & Equivalents
0.26% 0.00% 56.55% 97.04%
Derivative
0.00% 0.00% 23.62% 40.80%
Corporate
0.00% 0.00% 88.42% 98.33%
Municipal
0.00% 0.00% 80.09% 77.24%

Bond Geographic Breakdown

Weighting Return Low Return High VKMGX % Rank
US
126.04% -57.66% 239.68% 2.41%
Non US
0.23% -140.55% 76.80% 95.10%

VKMGX - Expenses

Operational Fees

VKMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.01% 21.33% 36.93%
Management Fee 0.40% 0.00% 0.85% 56.64%
12b-1 Fee 0.24% 0.00% 1.00% 20.84%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

VKMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 1.50% 5.75% 24.14%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

VKMGX 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.

VKMGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 448.00% 3.00% 489.00% 98.60%

VKMGX - Distributions

Dividend Yield Analysis

VKMGX Category Low Category High VKMGX % Rank
Dividend Yield 0.00% 0.00% 4.09% 16.88%

Dividend Distribution Analysis

VKMGX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

VKMGX Category Low Category High VKMGX % Rank
Net Income Ratio 3.04% -0.35% 11.28% 19.08%

Capital Gain Distribution Analysis

VKMGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

VKMGX - Fund Manager Analysis

Managers

Brian Norris


Start Date

Tenure

Tenure Rank

Jun 01, 2010

10.34

10.3%

Brian Norris is a Senior Portfolio Manager on the Structured Securities team. He is responsible for providing advice and trading for the mortgage-related products and working collectively with the Structured Securities team to implement strategies throughout the fixed income platform. Additionally, Mr. Norris is a mortgage-backed securities trader and director for Invesco Mortgage Capital, Inc., a mortgage REIT sub-advised by Invesco Fixed Income. Mr. Norris has been in the industry since 1999. He began his investment career with Todd Investment Advisors in Louisville, Kentucky, as a securities trader. Mr. Norris joined Invesco in 2001 and served for five years as an account manager. In that role, he was responsible for communicating the fixed income investment process and strategy to both clients and consultants. Mr. Norris became a portfolio manager in 2006 and was named senior portfolio manager in 2014. Mr. Norris earned a BS degree in business administration with a concentration in finance from the University of Louisville. He holds the Chartered Financial Analyst designation.

Clint Dudley


Start Date

Tenure

Tenure Rank

Jun 01, 2010

10.34

10.3%

Clint Dudley is a Senior Portfolio Manager for Invesco Fixed Income. Mr. Dudley joined Invesco in 1998 as a systems analyst in the Information Technology department. In 2001 he became a member of Invesco Fixed Income and has held various positions of increasing responsibility, with an emphasis on mortgage-backed securities. Mr. Dudley earned a BBA and an MBA from Baylor University. He is a CFA charterholder and member of the CFA Society of Atlanta.

Mario Clemente


Start Date

Tenure

Tenure Rank

Apr 28, 2017

3.43

3.4%

Mario Clemente is a Portfolio Manager. He has been associated with the Invesco Advisers, Inc. and/or its affiliates since 2014.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.76 6.87 1.25