Mutual Funds

Invesco Equity and Income Fund

Balanced | US Balanced

Objective & Strategy

Invesco Equity and Income Fund’s investment objective is current income and, secondarily, capital appreciation.

Invesco Equity and Income Fund Checkbook

See how the strategy has weathered the market’s ups and downs over the last 20 years.


The All Weather Portfolio

A strategy focused on reaping the rewards of market upswings while minimizing the effects of downswings by investing across stocks, bonds and convertible bonds.

Competetive
long-term results
  Opportunity from change   Diversification to help level ups and downs
Invesco Equity and Income Fund has delivered competitive long-term performance through good and bad markets.

The fund has provided equity-like returns with a third less volatility versus its benchmark the Russell 1000 Value Index over the 10-year period.1
  A classic approach that focuses on attractively priced stocks with potential to convert business change into investment opportunity.

We believe catalysts such as new company management, new products or services and favorable industry trends may offer attractive growth potential over the long term.
  Owning both stocks and bonds may help to smooth out the market's ups and downs.

The portfolio's combination of more than 400 stocks, bonds and convertible bonds is designed to provide overall diversification benefits.


Footnote(s)

1 Source: StyleADVISOR as of March 31, 2015. The fund’s beta for 10 years is 0.68. Beta is versus the Russell 1000 Value Index. Russell 1000® Value Index is an unmanaged index considered representative of large-cap value stocks. The Russell 1000 Value Index is a trademark/service mark of the Frank Russell Co. Russell® is a trademark of the Frank Russell Co. Beta (cash adjusted) is a measure of relative risk and the slope of regression. Standard deviation for the fund and index is 10.85 and 15.63, respectively. Standard deviation measures a fund’s range of total returns and identifies the spread of a fund’s short term fluctuations. Past performance is no guarantee of future results.

Style Map

Invesco Equity and Income 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 - Moderate Allocation Category

As of 07/31/2015 the Fund had an overall rating of 3 stars out of 816 funds and was rated 4 stars out of 816 funds, 4 stars out of 711 funds and 3 stars out of 471 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
CITIGROUP INC 3.27
JPMORGAN CHASE & CO 3.10
GENERAL ELECTRIC CO 1.94
BANK OF AMERICA CORP 1.75
MORGAN STANLEY 1.58
ROYAL DUTCH SHELL PLC A 1.37
TARGET CORP 1.24
PNC FINANCIAL SERVICES GROUP 1.23
CARNIVAL CORP 1.19
MERCK & CO INC 1.17

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 08/03/1960 N/A 10.35 2.35 6.24 13.42 11.60 6.87
Load 08/03/1960 5.50 10.24 -3.25 0.37 11.30 10.36 6.27
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 Value IX Tr 0.44 -0.38 6.40 17.11 15.08 6.79
Barclays US Gvt/Cr Tr IX 0.73 -0.86 2.55 1.46 3.43 4.58
Russell 1000 Value IX Tr -2.00 0.11 4.13 17.34 16.50 7.05
Barclays US Gvt/Cr Tr IX -1.23 -2.10 1.69 1.76 3.52 4.38

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 0.35
12b-1 Fee 0.25
Other Expenses 0.20
Interest/Dividend Exp 0.00
Total Other Expenses 0.20
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) 0.01
Total Annual Fund Operating Expenses 0.81
Contractual Waivers/Reimbursements -0.01
Net Expenses - PER PROSPECTUS 0.80
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 0.80
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 0.0416 N/A N/A 10.59
03/19/2015 0.0416 N/A N/A 10.40
12/12/2014 0.1551 0.0732 0.8741 10.13
09/18/2014 0.0450 N/A N/A 11.44
06/19/2014 0.0450 N/A N/A 11.21
03/20/2014 0.0450 N/A N/A 10.87
12/13/2013 0.0694 N/A 0.5857 10.36
09/19/2013 0.0450 N/A N/A 10.78
06/20/2013 0.0450 N/A N/A 10.14
03/21/2013 0.0450 N/A N/A 9.89
12/07/2012 0.0744 N/A N/A 9.15
09/20/2012 0.0450 N/A N/A 9.26
06/14/2012 0.0386 N/A N/A 8.62
03/15/2012 0.0386 N/A N/A 8.92
12/09/2011 0.0488 N/A N/A 8.23
09/15/2011 0.0386 N/A N/A 8.11
06/16/2011 0.0386 N/A N/A 8.64
03/17/2011 0.0386 N/A N/A 8.72
12/03/2010 0.0418 N/A N/A 8.38
09/16/2010 0.0352 N/A N/A 7.86
06/09/2010 0.0350 N/A N/A 7.46
03/10/2010 0.0400 N/A N/A 8.05
12/09/2009 0.0321 0.0000 N/A 7.72
09/09/2009 0.0321 N/A N/A 7.40
06/10/2009 0.0421 N/A N/A 6.63
03/11/2009 0.0421 N/A N/A 5.54
12/10/2008 0.0546 N/A 0.0000 6.28
09/10/2008 0.0546 N/A N/A 7.76
06/11/2008 0.0546 N/A N/A 8.09
03/12/2008 0.0586 N/A 0.0067 8.13
12/11/2007 0.0586 0.0461 0.2731 8.93
09/12/2007 0.0550 0.0000 N/A 9.24
06/13/2007 0.0550 0.0000 N/A 9.50
03/14/2007 0.0510 0.0018 0.0379 8.90
12/13/2006 0.0510 0.0299 0.2501 9.06
09/13/2006 0.0510 N/A N/A 8.91
06/14/2006 0.0495 N/A N/A 8.43
03/15/2006 0.0495 0.0128 0.1242 8.72
12/14/2005 0.0455 0.0237 0.2842 8.75
09/14/2005 0.0455 N/A N/A 8.91
06/15/2005 0.0455 N/A N/A 8.58
03/16/2005 0.0420 N/A 0.1145 8.46
12/08/2004 0.0420 N/A 0.0132 8.38
09/15/2004 0.0420 N/A N/A 8.02
06/16/2004 0.0420 N/A N/A 7.95
03/17/2004 0.0420 N/A N/A 8.03
12/10/2003 0.0420 N/A N/A 7.60
12/11/2002 0.0420 N/A N/A 6.67
09/18/2002 0.0420 N/A N/A 6.55
06/19/2002 0.0420 N/A N/A 7.30
03/20/2002 0.0420 N/A 0.0665 7.59
12/12/2001 0.0460 N/A 0.0461 7.37
09/19/2001 0.0550 N/A N/A 7.03
06/20/2001 0.0550 N/A N/A 7.69
03/21/2001 0.0450 0.0015 0.1638 7.21
12/13/2000 0.0658 N/A 0.6588 7.90
09/20/2000 0.0450 N/A N/A 8.46
06/21/2000 0.0450 N/A N/A 8.07
03/22/2000 0.0450 0.0794 0.1178 7.81
12/13/1999 0.0781 0.1932 0.4695 7.49
09/20/1999 0.0350 N/A N/A 7.92
06/21/1999 0.0350 N/A N/A 8.15
03/22/1999 0.0350 0.0290 0.0526 7.64
12/09/1998 0.0700 N/A 0.3744 7.64
09/21/1998 0.0350 N/A N/A 7.34
06/22/1998 0.0350 N/A N/A 7.86
03/23/1998 0.0350 0.0175 0.0591 7.84
12/22/1997 0.0630 0.3739 0.2113 7.14
09/22/1997 0.0350 N/A N/A 8.06
06/23/1997 0.0350 N/A N/A 7.51
03/14/1997 0.0350 0.0469 0.0675 6.96
12/16/1996 0.0440 0.0840 0.2270 6.58
09/16/1996 0.0350 N/A N/A 6.63
06/14/1996 0.0350 N/A N/A 6.50
03/15/1996 0.0420 0.0340 0.0230 6.36
12/15/1995 0.0620 0.1575 0.1600 6.23
09/15/1995 0.0420 N/A N/A 6.31
06/15/1995 0.0420 N/A N/A 5.91
03/15/1995 0.0420 N/A 0.0025 5.48
12/15/1994 0.0595 N/A 0.0600 5.13
09/15/1994 0.0420 N/A N/A 5.47
06/15/1994 0.0420 N/A N/A 5.37
03/15/1994 0.0420 0.0225 0.0150 5.50
12/15/1993 0.0420 0.0250 0.1700 5.45
09/15/1993 0.0420 N/A N/A 5.63
06/15/1993 0.0420 N/A N/A 5.32
03/15/1993 0.0420 N/A 0.0325 5.34
12/15/1992 0.0450 N/A N/A 5.07
09/15/1992 0.0500 N/A N/A 4.95
06/15/1992 0.0500 N/A N/A 4.83
03/16/1992 0.0500 N/A N/A 4.76
12/16/1991 0.0650 N/A N/A 4.56
09/16/1991 0.0500 N/A N/A 4.53
06/14/1991 0.0500 N/A N/A 4.41
03/15/1991 0.0500 N/A N/A 4.33
12/14/1990 0.0500 N/A N/A 3.97
09/14/1990 0.0600 N/A N/A 3.98
06/15/1990 0.0600 N/A N/A 4.48
03/14/1990 0.0650 N/A N/A 4.38
12/15/1989 0.0700 N/A N/A 4.45
09/15/1989 0.0750 N/A N/A 4.49
06/15/1989 0.0750 N/A N/A 4.22
03/15/1989 0.0750 N/A N/A 4.02
12/15/1988 0.0750 N/A N/A 3.89
09/15/1988 0.0750 N/A N/A 3.89
06/15/1988 0.0750 N/A N/A 4.19
03/15/1988 0.0750 N/A N/A 4.15
12/15/1987 0.0750 N/A N/A 3.83
09/15/1987 0.0750 N/A N/A 5.33
06/15/1987 0.0750 N/A N/A 5.18
03/16/1987 0.0750 N/A N/A 5.07
12/05/1986 0.0750 N/A N/A 4.66
09/15/1986 0.0750 N/A N/A 4.84
06/13/1986 0.0750 N/A N/A 5.00
03/14/1986 0.0750 N/A N/A 5.10
12/13/1985 0.0750 N/A N/A 4.72
09/13/1985 0.0750 N/A N/A 4.28
06/14/1985 0.0750 N/A N/A 4.33
03/15/1985 0.0750 N/A N/A 4.24
12/14/1984 0.1150 N/A N/A 4.49
09/14/1984 0.0750 N/A N/A 4.62
06/15/1984 0.0750 N/A N/A 4.43
03/15/1984 0.0750 N/A N/A 4.55
12/15/1983 0.1150 N/A N/A 5.75
09/15/1983 0.0750 N/A N/A 5.70
06/15/1983 0.0750 N/A N/A 5.88
02/22/1983 0.0750 N/A N/A 5.12
01/03/1983 0.1300 N/A N/A 5.06
09/15/1982 0.0700 N/A N/A 4.20
06/15/1982 0.0700 N/A N/A 3.69
03/15/1982 0.0700 N/A N/A 3.68
01/04/1982 0.1200 N/A N/A 3.87
09/15/1981 0.0700 N/A N/A 3.68
06/15/1981 0.0700 N/A N/A 4.25
03/13/1981 0.0700 N/A N/A 3.92
12/15/1980 0.1000 N/A N/A 3.54
09/15/1980 0.0700 N/A N/A 3.82
06/13/1980 0.0700 N/A N/A 3.88
03/14/1980 0.0700 N/A N/A 3.30
12/14/1979 0.0700 N/A N/A 3.67
09/14/1979 0.0700 N/A N/A 3.86
06/15/1979 0.0700 N/A N/A 3.76
03/16/1979 0.0700 N/A N/A 3.70
12/15/1978 0.0700 N/A N/A 3.60
09/15/1978 0.0700 N/A N/A 3.96
06/15/1978 0.0700 N/A N/A 3.82
03/17/1978 0.0600 N/A N/A 3.78
12/16/1977 0.0700 N/A N/A 3.84
09/16/1977 0.0700 N/A N/A 3.92
06/17/1977 0.0600 N/A N/A 4.01
03/18/1977 0.0600 N/A N/A 3.92
12/16/1976 0.0650 N/A N/A 3.90
09/16/1976 0.0600 N/A N/A 3.75
06/17/1976 0.0600 N/A N/A 3.65
03/17/1976 0.0600 N/A N/A 3.64
12/15/1975 0.0700 N/A N/A 3.21
09/15/1975 0.0600 N/A N/A 3.17
06/16/1975 0.0600 N/A N/A 3.30
03/17/1975 0.0600 N/A N/A 3.19
12/16/1974 0.0800 N/A N/A 2.77
09/16/1974 0.0600 N/A N/A 2.81
06/18/1974 0.0600 N/A N/A 3.35
03/19/1974 0.0600 N/A N/A 3.77
12/17/1973 0.0700 N/A N/A 3.47
09/18/1973 0.0600 N/A N/A 3.98
06/14/1973 0.0600 N/A N/A 3.87
03/16/1973 0.0600 N/A N/A 4.36
12/15/1972 0.0700 N/A N/A 4.74
09/19/1972 0.0600 N/A N/A 4.79
06/16/1972 0.0500 N/A N/A 5.12
03/16/1972 0.0500 N/A N/A 5.38
12/15/1971 0.0600 N/A N/A 4.85
09/16/1971 0.0600 N/A N/A 5.02
06/14/1971 0.0600 N/A N/A 4.99
03/16/1971 0.0600 N/A N/A 4.98
12/14/1970 0.0600 N/A N/A 4.06
09/16/1970 0.0600 N/A N/A 3.99
06/16/1970 0.0700 N/A N/A 3.71
03/17/1970 0.0900 N/A N/A 4.43
12/16/1969 0.0600 N/A N/A 4.35
09/11/1969 0.0600 N/A N/A 4.76
06/16/1969 0.0600 N/A N/A 5.31
03/21/1969 0.0500 N/A N/A 5.42
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

Asset Mix

as of 07/31/2015

Fund Characteristics

3-Year Alpha 1.49%
3-Year Beta 0.70
3-Year R-Squared 0.94
3-Year Sharpe Ratio 2.09
3-Year Standard Deviation 6.41
Number of Securities 438
Total Assets $14,134,788,802.00
Wghtd Med Mkt Cap MM$ $50,661.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  Russell 1000 Value IX Tr

as of 07/31/2015

Top Equity Holdings | View all

% of Total Assets
CITIGROUP INC 3.27
JPMORGAN CHASE & CO 3.10
GENERAL ELECTRIC CO 1.94
BANK OF AMERICA CORP 1.75
MORGAN STANLEY 1.58
ROYAL DUTCH SHELL PLC A 1.37
TARGET CORP 1.24
PNC FINANCIAL SERVICES GROUP 1.23
CARNIVAL CORP 1.19
MERCK & CO INC 1.17

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

as of 07/31/2015

Top Industries

  % of Total Assets
Diversified Banks 10.62
Pharmaceuticals 6.65
Investment Banking & Brokerage 5.01
Regional Banks 4.84
Integrated Oil & Gas 3.45
Oil & Gas Exploration & Production 2.46
Cable & Satellite 2.29
Semiconductors 2.12
Industrial Conglomerates 2.07
Insurance Brokers 2.04

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.

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 About risk

The investment techniques and risk analysis used by the portfolio managers may not produce the desired results.

If interest rates fall, it is possible that issuers of callable securities will call or prepay their securities before maturity, causing the fund to reinvest proceeds in securities bearing lower interest rates and reducing the fund’s income and distributions.

Convertible securities may be affected by market interest rates, the risk that the issuer will default, the value of the underlying stock or the right of the issuer to buy back the convertible securities.

The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.

Derivatives may be more volatile and less liquid than traditional investments and are subject to subject to market, interest rate, credit, leverage, counterparty and management risks. An investment in a derivative could lose more than the cash amount invested.

Preferred securities may include provisions that permit the issuer to defer or omit distributions for a certain period of time, and reporting the distribution for tax purposes may be required, even though the income may not have been received. Further, preferred securities may lose substantial value due to the omission or deferment of dividend payments.

In general, stock values fluctuate, sometimes widely, in response to activities specific to the company as well as general market, economic and political conditions.

Income generated from the fund is based primarily on prevailing interest rates, which can vary widely over the short- and long-term. If interest rates drop, the fund’s income may also drop.

Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa.

The fund is subject to certain other risks. Please see the current prospectus for more information regarding the risks associated with an investment in the fund.
as of 09/04/2015

ACEIX

NAV Change ($)
$9.83 -0.10
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.
as of 09/04/2015

Yield 

  • Distribution Yield
    with Sales Charge 1.60%
  • Distribution Yield
    without Sales Charge 1.69%
  • SEC 30-Day Yield 1.37%
  • Unsub. 30-Day Yield 1.36%

Fund Details

  • Distribution Frequency Quarterly
  • NASDAQ ACEIX
  • WSJ Abrev. EqIncA
  • CUSIP 00142J479
  • Fund Type Balanced
  • Geography Type N/A
  • Inception Date 08/03/1960
  • Fiscal Year End 08/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1743
  • Tax ID 51-0097258