Mutual Funds

Invesco Global Low Volatility Equity Yield Fund

Equity | International and Global Equity

Objective & Strategy

The fund seeks to provide income and long-term growth of capital by investing at least 80% of its assets in equity securities and in derivatives and other instruments that have economic characteristics similar to such securities.

Style Map

Invesco Global Low Volatility Equity Yield Fund

The map illustrates areas in which the fund can invest, not necessarily within a limited period of time. This fund is not classified with regard to one primary equity style.

as of 05/31/2015

Morningstar Rating

Overall Rating - World Stock Category

As of 05/31/2015 the Fund had an overall rating of 2 stars out of 978 funds and was rated 2 stars out of 978 funds, 2 stars out of 745 funds and 1 stars out of 388 funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance (including the effect of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable. ©2015 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. A fund is eligible for a Morningstar Rating three years after inception. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Ratings for other share classes may differ due to different performance characteristics.

Management team

as of 05/31/2015

Top Equity Holdings | View all

% of Total Assets
LEXMARK INTL INC 2.16
NATIONAL GRID PLC 2.14
LEND LEASE GROUP 2.02
AT&T INC 2.02
SSE PLC 1.98
WESTERN UNION CO 1.97
DUET GROUP 1.96
PFIZER INC 1.90
ANNALY CAPITAL MANAGEMENT INC 1.89
SKANDINAVISKA ENSKILA BK 1.89

Holdings are subject to change and are not buy/sell recommendations.

as of 05/31/2015 03/31/2015

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 09/15/1997 N/A 6.31 0.83 -8.10 13.92 11.51 4.65
Load 09/15/1997 5.50 5.97 -4.73 -13.15 11.78 10.26 4.06
Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares.

Performance shown at NAV does not include applicable front-end or CDSC sales charges, which would have reduced the performance.

Performance figures reflect reinvested distributions and changes in net asset value (NAV) and the effect of the maximum sales charge unless otherwise stated.

Effective July 31, 2013, Invesco Global Quantitative Core Fund was renamed Invesco Global Low Volatility Equity Yield Fund. Performance for the fund prior to July 31 is reflective of the Fund's prior strategy and objective.

as of 06/30/2015 06/30/2015

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
MSCI World IX ND -2.33 0.31 1.43 14.27 13.10 6.38
MSCI World IX ND -2.33 0.31 1.43 14.27 13.10 6.38
MSCI World IX ND -2.33 0.31 1.43 14.27 13.10 6.38
MSCI World IX ND -2.33 0.31 1.43 14.27 13.10 6.38

Source: FactSet Research Systems Inc.

Source: FactSet Research Systems Inc.

An investment cannot be made directly in an index.

Expense Ratio per Prospectus

Management Fee 0.80
12b-1 Fee 0.25
Other Expenses 0.41
Interest/Dividend Exp 0.00
Total Other Expenses 0.41
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) 0.20
Total Annual Fund Operating Expenses 1.66
Contractual Waivers/Reimbursements -0.21
Net Expenses - PER PROSPECTUS 1.45
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 1.45
This information is updated per the most recent prospectus.

Historical Prices

From   to
No history records found for this date range

Distributions

From   to
    Capital Gains Reinvestment
Price ($)
Ex-Date Income Short Term Long Term
06/18/2015 0.1318 N/A N/A 13.62
03/19/2015 0.1318 N/A N/A 13.54
12/12/2014 0.1318 N/A N/A 13.49
09/18/2014 0.1319 N/A N/A 15.29
06/19/2014 0.1319 N/A N/A 15.84
03/20/2014 0.1319 N/A N/A 14.69
12/13/2013 0.1319 N/A N/A 13.82
09/19/2013 0.1319 N/A N/A 13.83
12/07/2012 0.2673 N/A N/A 11.29
12/09/2011 0.1389 N/A N/A 10.23
12/10/2010 0.1394 N/A N/A 10.56
12/11/2009 0.1845 N/A N/A 9.61
12/12/2008 0.0318 0.0247 0.5382 7.52
12/14/2007 0.3139 1.0564 1.1398 14.78
12/15/2006 0.2045 0.5469 1.2434 16.387
12/16/2005 0.1355 0.5143 0.9417 15.599
12/17/2004 N/A 0.3816 0.4230 15.36
12/12/2003 N/A N/A 0.1387 13.175
12/14/2001 0.0582 N/A N/A 10.633
12/14/2000 N/A 1.1505 N/A 12.743
12/15/1999 N/A N/A 1.4783 14.302
12/18/1998 0.0182 N/A 0.1400 10.89
12/19/1997 0.4760 N/A N/A 10.26
as of 05/31/2015

Sector Breakdown

The holdings are organized according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of Morgan Stanley Capital International Inc. and Standard & Poor's.

as of 05/31/2015

Asset Mix

as of 05/31/2015

Fund Characteristics

3-Year Alpha -3.50%
3-Year Beta 1.06
3-Year R-Squared 0.81
3-Year Sharpe Ratio 1.35
3-Year Standard Deviation 10.30
Number of Securities 67
Total Assets $173,386,886.00
Wghtd Med Mkt Cap MM$ $6,965.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  MSCI World IX ND

as of 05/31/2015

Top Equity Holdings | View all

% of Total Assets
LEXMARK INTL INC 2.16
NATIONAL GRID PLC 2.14
LEND LEASE GROUP 2.02
AT&T INC 2.02
SSE PLC 1.98
WESTERN UNION CO 1.97
DUET GROUP 1.96
PFIZER INC 1.90
ANNALY CAPITAL MANAGEMENT INC 1.89
SKANDINAVISKA ENSKILA BK 1.89

Holdings are subject to change and are not buy/sell recommendations.

as of 05/31/2015

Top Industries

  % of Total Assets
Integrated Telecommunication Services 13.78
Mortgage REITs 7.42
Electric Utilities 4.32
Multi-Utilities 4.11
Oil & Gas Exploration & Production 3.95
Oil & Gas Refining & Marketing 3.69
Oil & Gas Drilling 3.60
Food Retail 3.43
Cable & Satellite 3.05
Gas Utilities 2.50

The holdings are organized according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of Morgan Stanley Capital International Inc. and Standard & Poor's.

as of 05/31/2015

Top Countries

  % of Total Assets
United States 38.61
United Kingdom 13.30
Australia 10.69
Canada 9.05
Sweden 6.68
Japan 4.02
Belgium 3.69
New Zealand 3.56
Singapore 3.53
Germany 2.58

 About risk

Active Trading Risk. The Fund engages in frequent trading of portfolio securities. Active trading results in added expenses and may result in a lower return and increased tax liability.

Currency/Exchange Rate Risk. The dollar value of the Fund's foreign investments will be affected by changes in the exchange rates between the dollar and the currencies in which those investments are traded.

Depositary Receipts Risk. Depositary receipts involve many of the same risks as those associated with direct investment in foreign securities. In addition, the underlying issuers of certain depositary receipts, particularly unsponsored or unregistered depositary receipts, are under no obligation to distribute shareholder communications to the holders of such receipts or to pass through to them any voting rights with respect to the deposited securities.

Derivatives Risk. The value of a derivative instrument depends largely on (and is derived from) the value of an underlying security, currency, commodity, interest rate, index or other asset (each referred to as an underlying asset). In addition to risks relating to the underlying assets, the use of derivatives may include other, possibly greater, risks, including counterparty, leverage and liquidity risks. Counterparty risk is the risk that the counterparty to the derivative contract will default on its obligation to pay the Fund the amount owed or otherwise perform under the derivative contract. Derivatives create leverage risk because they do not require payment up front equal to the economic exposure created by owning the derivative. As a result, an adverse change in the value of the underlying asset could result in the Fund sustaining a loss that is substantially greater than the amount invested in the derivative, which may make the Fund’s returns more volatile and increase the risk of loss. Derivative instruments may also be less liquid than more traditional investments and the Fund may be unable to sell or close out its derivative positions at a desirable time or price. This risk may be more acute under adverse market conditions, during which the Fund may be most in need of liquidating its derivative positions. Derivatives may also be harder to value, less tax efficient and subject to changing government regulation that could impact the Fund’s ability to use certain derivatives or their cost. Also, derivatives used for hedging or to gain or limit exposure to a particular market segment may not provide the expected benefits, particularly during adverse market conditions.

Developing/Emerging Markets Securities Risk. The prices of securities issued by foreign companies and governments located in developing/emerging market countries may be affected more negatively by inflation, devaluation of their currencies, higher transaction costs, delays in settlement, adverse political developments, the introduction of capital controls, withholding taxes, nationalization of private assets, expropriation, social unrest, war or lack of timely information than those in developed countries.

Foreign Securities Risk. The Fund’s foreign investments may be affected by changes in a foreign country’s exchange rates, political and social instability, changes in economic or taxation policies, difficulties when enforcing obligations, decreased liquidity, and increased volatility. Foreign companies may be subject to less regulation resulting in less publicly available information about the companies.

Geographic Focus Risk. From time to time the Fund may invest a substantial amount of its assets in securities of issuers located in a single country or a limited number of countries. If the Fund focuses its investments in this manner, it assumes the risk that economic, political and social conditions in those countries will have a significant impact on its investment performance. The Fund’s investment performance may also be more volatile if it focuses its investments in certain countries, especially emerging markets countries.

Investing in the European Union Risk. Many countries in the European Union are susceptible to high economic risks associated with high levels of debt, notably due to investments in sovereign debts of European countries such as Greece, Italy and Spain. One or more member states might exit the European Union, placing its currency and banking system in jeopardy. The European Union faces major issues involving its membership, structure, procedures and policies, including the adoption, abandonment or adjustment of the new constitutional treaty, the European Union’s enlargement to the south and east, and resolution of the European Union’s problematic fiscal and democratic accountability. Efforts of the member states to further unify their economic and monetary policies may increase the potential for the downward movement of one member state’s market to cause a similar effect on other member states’ markets. European countries that are part of the European Economic and Monetary Union may be significantly affected by the tight fiscal and monetary controls that the union seeks to impose on its members.

Management Risk. The investment techniques and risk analysis used by the Fund's portfolio managers may not produce the desired results.

Market Risk. The prices of and the income generated by the Fund's securities may decline in response to, among other things, investor sentiment, general economic and market conditions, regional or global instability, and currency and interest rate fluctuations.

Preferred Securities Risk. Preferred securities may include provisions that permit the issuer, in its discretion, to defer or omit distributions for a certain period of time. If the Fund owns a security that is deferring or omitting its distributions, the Fund may be required to report the distribution on its tax returns, even though it may not have received this income. Further, preferred securities may lose substantial value due to the omission or deferment of dividend payments.

REIT Risk/Real Estate Risk. Investments in real estate related instruments may be affected by economic, legal, cultural, environmental or technological factors that affect property values, rents or occupancies of real estate related to the Fund's holdings. Real estate companies, including REITs or similar structures, tend to be small and mid cap companies, and their shares may be more volatile and less liquid. The value of investments in real estate related companies may be affected by the quality of management, the ability to repay loans, the utilization of leverage and financial covenants related thereto, whether the company carries adequate insurance and environmental factors. If a real estate related company defaults, the Fund may own real estate directly, which involves the following additional risks: environmental liabilities, difficulty in valuing and selling the real estate, and economic or regulatory changes.

as of 07/02/2015

GTNDX

NAV Change ($)
$13.31 0.06
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.
as of 07/02/2015

Yield 

  • Distribution Yield
    with Sales Charge 3.74%
  • Distribution Yield
    without Sales Charge 3.96%
  • SEC 30-Day Yield 3.39%
  • Unsub. 30-Day Yield N/A

Fund Details

  • Distribution Frequency Quarterly
  • NASDAQ GTNDX
  • WSJ Abrev. GlTrend
  • CUSIP 00141M572
  • Fund Type Equity
  • Geography Type Global
  • Inception Date 09/15/1997
  • Fiscal Year End 12/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1584
  • Tax ID 94-3277400

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