Mutual Funds

Invesco American Franchise Fund

Equity | US Equity

Objective & Strategy

The fund's investment objective is to seek long-term capital appreciation.

Dynamic and Durable Growth

A large-cap growth strategy that aims to outperform by finding dynamic and durable American companies growing faster than the economy.

Experienced team   A focus on best ideas   In-depth research
The portfolio management team members average 20 years of investment experience.   Analysts conduct rigorous fundamental analysis, including detailed financial modeling and discussions with management teams.   Analysts also talk to suppliers, distributors and customers to build a complete understanding of each holding.

Style Map

Invesco American Franchise Fund

The map illustrates areas in which the fund can invest, not necessarily within a limited period of time.

as of 07/31/2015

Morningstar Rating

Overall Rating - Large Growth Category

As of 07/31/2015 the Fund had an overall rating of 2 stars out of 1530 funds and was rated 2 stars out of 1530 funds, 2 stars out of 1327 funds and 3 stars out of 925 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 07/31/2015

Top Equity Holdings | View all

% of Total Assets
APPLE INC 5.85
FACEBOOK INC A 4.87
ALLERGAN PLC 4.49
MASTERCARD INC CLASS A 4.07
GOOGLE INC 3.80
CELGENE CORP 3.54
AMAZON COM INC 3.37
CARNIVAL CORP 3.15
LOWES COMPANIES INC 3.08
GILEAD SCIENCES INC 3.07

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

as of 07/31/2015 06/30/2015

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 06/23/2005 N/A 8.62 5.28 10.95 18.65 14.83 8.54
Load 06/23/2005 5.50 8.02 -0.51 4.86 16.44 13.55 7.92
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.

as of 07/31/2015 06/30/2015

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
Russell 1000 Growth IX Tr 3.39 3.00 16.08 18.78 17.75 8.95
S&P 500 Reinvested IX 2.10 1.41 11.21 17.58 16.24 7.72
Russell 1000 Growth IX Tr -1.76 0.12 10.56 17.99 18.59 9.10
S&P 500 Reinvested IX -1.94 0.28 7.42 17.31 17.34 7.89

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 0.59
12b-1 Fee 0.25
Other Expenses 0.24
Interest/Dividend Exp 0.00
Total Other Expenses 0.24
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) 0.00
Total Annual Fund Operating Expenses 1.08
Contractual Waivers/Reimbursements N/A
Net Expenses - PER PROSPECTUS 1.08
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 1.08
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
12/12/2014 N/A N/A 1.6054 16.25
12/13/2013 0.0159 N/A 0.6828 16.10
06/20/2013 0.0020 N/A N/A 13.64
12/07/2012 0.0027 N/A N/A 12.50
12/09/2011 N/A N/A 0.1228 11.32
12/10/2009 0.1221 0.0000 0.0000 9.75
12/11/2008 0.1618 0.0000 0.0000 7.40
12/13/2007 0.3144 0.0683 0.5140 11.11
12/15/2006 0.1012 0.0004 N/A 11.93
12/16/2005 0.0566 N/A N/A 10.44
as of 07/31/2015

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 07/31/2015

Fund Characteristics

3-Year Alpha -1.71%
3-Year Beta 1.10
3-Year R-Squared 0.88
3-Year Sharpe Ratio 1.77
3-Year Standard Deviation 10.49
Number of Securities 67
Total Assets $9,860,107,161.00
Wghtd Med Mkt Cap MM$ $64,691.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  Russell 1000 Growth IX Tr

as of 07/31/2015

Top Equity Holdings | View all

% of Total Assets
APPLE INC 5.85
FACEBOOK INC A 4.87
ALLERGAN PLC 4.49
MASTERCARD INC CLASS A 4.07
GOOGLE INC 3.80
CELGENE CORP 3.54
AMAZON COM INC 3.37
CARNIVAL CORP 3.15
LOWES COMPANIES INC 3.08
GILEAD SCIENCES INC 3.07

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

as of 07/31/2015

Top Industries

  % of Total Assets
Biotechnology 13.38
Internet Software & Services 10.89
Internet Retail 5.54
Pharmaceuticals 5.47
Data Processing & Outsourced Services 5.04
Cable & Satellite 4.12
Semiconductors 3.66
Hotels, Resorts & Cruise Lines 3.15
Home Improvement Retail 3.08
Consumer Electronics 2.89

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.

 About risk

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.

Growth Investing Risk. Growth stocks tend to be more expensive relative to their earnings or assets compared with other types of stock. As a result they tend to be more sensitive to changes in their earnings and can be more volatile.

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.

Mid-Capitalization Risk. Stocks of mid-sized companies tend to be more vulnerable to adverse developments and may have little or no operating history or track record of success, and limited product lines, markets, management and financial resources. The securities of mid-sized companies may be more volatile due to less market interest and less publicly available information about the issuer. They also may be illiquid or restricted as to resale, or may trade less frequently and in smaller volumes, all of which may cause difficulty when establishing or closing a position at a desirable price.

as of 09/02/2015

VAFAX

NAV Change ($)
$16.38 0.37
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.

Fund Details

  • Distribution Frequency Annually
  • NASDAQ VAFAX
  • WSJ Abrev. N/A
  • CUSIP 00142J578
  • Fund Type Equity
  • Geography Type N/A
  • Inception Date 06/23/2005
  • Fiscal Year End 08/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1733
  • Tax ID 20-2858346

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