Mutual Funds

Invesco Growth and Income Fund

Equity | US Equity

Objective & Strategy

The fund seeks total return through growth of capital and current income.

A Classic Value Approach

A long-term strategy seeking to build wealth and manage volatility through comprehensive diversification. The fund seeks ownership of large value-priced companies the team believes are poised to benefit from positive business developments.

Competitive
long-term results
  Classic approach
to opportunity
  Diversification with
risk/reward focus
Invesco’s most seasoned stock fund has had historically competitive risk-adjusted performance over a full market cycle.   The team uses a classic approach that seeks to convert business change — company management, new products or favorable industry trends — into investment opportunity.   The fund gives you access to a broadly diversified portfolio of large companies with value characteristics.

The team’s focus on risk/reward may make this fund an attractive cornerstone for your portfolio.

Style Map

Invesco Growth and Income Fund

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

as of 06/30/2015

Morningstar Rating

Overall Rating - Large Value Category

As of 06/30/2015 the Fund had an overall rating of 3 stars out of 1185 funds and was rated 3 stars out of 1185 funds, 3 stars out of 1045 funds and 3 stars out of 734 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 06/30/2015

Top Equity Holdings | View all

% of Total Assets
JPMORGAN CHASE & CO 4.66
CITIGROUP INC 4.62
GENERAL ELECTRIC CO 3.00
MORGAN STANLEY 2.68
BANK OF AMERICA CORP 2.46
ROYAL DUTCH SHELL PLC A 2.18
TARGET CORP 1.91
CARNIVAL CORP 1.88
PNC FINANCIAL SERVICES GROUP 1.86
COMCAST CORP CL A 1.73

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

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

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 08/01/1946 N/A 9.59 1.91 5.20 17.01 15.64 7.41
Load 08/01/1946 5.50 9.50 -3.68 -0.58 14.83 14.33 6.81
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 06/30/2015 06/30/2015

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
Russell 1000 Value IX Tr -2.00 0.11 4.13 17.34 16.50 7.05
S&P 500 Reinvested IX -1.94 0.28 7.42 17.31 17.34 7.89
Russell 1000 Value IX Tr -2.00 0.11 4.13 17.34 16.50 7.05
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 0.35
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) 0.01
Total Annual Fund Operating Expenses 0.85
Contractual Waivers/Reimbursements -0.01
Net Expenses - PER PROSPECTUS 0.84
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 0.84
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 0.0685 N/A N/A 27.56
03/19/2015 0.0685 N/A N/A 26.56
12/12/2014 0.3339 0.2409 2.3422 25.72
09/18/2014 0.0682 N/A N/A 29.59
06/19/2014 0.0682 N/A N/A 28.73
03/20/2014 0.0682 N/A N/A 27.60
12/13/2013 0.1220 0.0123 0.6087 25.98
09/19/2013 0.0682 N/A N/A 26.05
06/20/2013 0.0682 N/A N/A 24.05
03/21/2013 0.0682 N/A N/A 23.15
12/07/2012 0.1347 N/A N/A 20.84
09/20/2012 0.0682 N/A N/A 21.19
06/14/2012 0.0626 N/A N/A 19.35
03/15/2012 0.0626 N/A N/A 20.31
12/09/2011 0.0818 N/A N/A 18.36
09/15/2011 0.0592 N/A N/A 17.79
06/16/2011 0.0592 N/A N/A 19.27
03/17/2011 0.0484 N/A N/A 19.56
12/03/2010 0.0484 N/A N/A 18.58
09/16/2010 0.0474 N/A N/A 17.10
06/09/2010 0.0516 N/A N/A 16.14
03/10/2010 0.0750 N/A N/A 17.99
12/09/2009 0.0515 0.0000 N/A 17.09
09/09/2009 0.0415 N/A N/A 16.28
06/10/2009 0.0650 N/A N/A 14.23
03/11/2009 0.0650 N/A N/A 11.06
12/10/2008 0.0750 N/A 0.0000 13.78
09/10/2008 0.0750 N/A N/A 18.13
06/11/2008 0.0920 N/A N/A 19.05
03/12/2008 0.0995 N/A N/A 18.98
12/11/2007 0.0995 0.1838 0.7700 21.55
09/12/2007 0.1100 N/A N/A 22.42
06/13/2007 0.1100 N/A N/A 23.59
03/14/2007 0.0855 0.0094 0.0384 21.28
12/13/2006 0.0855 0.1083 0.9221 21.83
09/13/2006 0.0855 N/A N/A 21.48
06/14/2006 0.0800 N/A N/A 19.96
03/15/2006 0.0800 0.0179 0.2886 20.85
12/14/2005 0.0675 0.1162 1.1471 20.81
09/14/2005 0.0675 N/A N/A 21.44
06/15/2005 0.0675 N/A N/A 20.49
03/16/2005 0.0575 N/A 0.1152 20.10
12/08/2004 0.0575 N/A 0.1091 19.48
09/15/2004 0.0575 N/A N/A 18.40
06/16/2004 0.0575 N/A N/A 18.31
03/17/2004 0.0575 N/A N/A 18.32
12/10/2003 0.0426 N/A N/A 17.12
09/17/2003 0.0426 N/A N/A 16.27
06/18/2003 0.0426 N/A N/A 16.12
03/19/2003 0.0380 N/A N/A 13.81
12/11/2002 0.0380 N/A N/A 14.50
09/18/2002 0.0380 N/A N/A 14.09
06/19/2002 0.0510 N/A N/A 16.61
03/20/2002 0.0510 N/A 0.0691 17.68
12/12/2001 0.0545 N/A 0.3687 16.78
09/19/2001 0.0545 N/A N/A 15.88
06/20/2001 0.0475 N/A N/A 18.08
03/21/2001 0.0475 N/A N/A 16.54
12/13/2000 0.0475 0.0199 2.0990 18.30
09/20/2000 0.0475 N/A N/A 20.01
06/21/2000 0.0475 N/A N/A 19.09
03/22/2000 0.0475 N/A N/A 18.50
12/13/1999 0.0475 0.7203 1.9074 17.16
09/20/1999 0.0475 N/A N/A 19.29
06/21/1999 0.0475 N/A N/A 20.10
03/22/1999 0.0475 N/A N/A 18.30
12/09/1998 0.0260 N/A 1.1095 17.85
09/21/1998 0.0575 N/A N/A 16.86
06/22/1998 0.0575 N/A N/A 18.59
03/23/1998 0.0575 N/A N/A 18.51
12/22/1997 0.0575 1.0298 0.5162 16.30
09/22/1997 0.0575 N/A N/A 19.15
06/23/1997 0.0575 N/A N/A 17.68
03/14/1997 0.0575 0.0031 0.0005 16.23
12/16/1996 0.0575 0.3510 0.7435 14.99
09/16/1996 0.0575 N/A N/A 15.43
06/14/1996 0.0575 N/A N/A 15.13
03/15/1996 0.0675 N/A N/A 14.70
12/15/1995 0.0675 0.3800 0.4875 14.12
09/15/1995 0.0675 N/A N/A 14.33
06/15/1995 0.0675 N/A N/A 13.21
03/15/1995 0.0675 0.0175 0.0150 12.16
12/15/1994 0.0900 0.2175 0.6425 11.29
09/15/1994 0.0675 N/A N/A 12.91
06/15/1994 0.0675 N/A N/A 12.62
03/15/1994 0.0675 0.1000 0.1700 12.86
12/15/1993 0.0675 0.1775 1.2900 12.71
09/15/1993 0.0675 N/A N/A 14.02
06/15/1993 0.0675 N/A N/A 13.14
03/15/1993 0.0675 N/A 0.1000 13.23
12/15/1992 0.0800 N/A 0.7475 12.62
09/15/1992 0.0800 N/A N/A 12.98
06/15/1992 0.0900 N/A N/A 12.65
03/16/1992 0.0900 N/A N/A 12.61
12/16/1991 0.1100 N/A N/A 11.84
09/16/1991 0.0900 N/A N/A 11.75
06/14/1991 0.0900 N/A N/A 11.52
03/15/1991 0.0900 N/A N/A 11.29
12/14/1990 0.0900 N/A N/A 10.02
09/14/1990 0.0900 N/A N/A 9.76
06/15/1990 0.0900 N/A N/A 11.33
03/15/1990 0.0700 N/A N/A 10.80
12/15/1989 0.0625 N/A N/A 10.92
09/15/1989 0.0550 N/A N/A 12.09
06/15/1989 0.0550 N/A N/A 11.55
03/15/1989 0.0550 N/A N/A 10.98
12/15/1988 0.0550 N/A N/A 10.00
09/15/1988 0.0550 N/A N/A 10.37
08/01/1988 0.0000 N/A N/A 10.87
06/15/1988 0.0550 N/A N/A 11.11
03/15/1988 0.0550 N/A N/A 10.61
01/03/1988 0.0000 N/A N/A 9.69
12/15/1987 0.0550 N/A N/A 9.38
09/15/1987 0.0550 N/A N/A 14.91
06/15/1987 0.0550 N/A N/A 13.72
03/16/1987 0.0525 N/A N/A 12.95
12/15/1986 0.0550 N/A N/A 10.68
09/15/1986 0.0700 N/A N/A 11.35
06/13/1986 0.0750 N/A N/A 12.44
03/14/1986 0.1200 N/A N/A 12.54
12/13/1985 0.1200 N/A N/A 11.41
09/13/1985 0.1200 N/A N/A 10.12
06/14/1985 0.1200 N/A N/A 10.22
03/15/1985 0.1200 N/A N/A 10.19
12/14/1984 0.2200 N/A N/A 10.76
09/14/1984 0.1200 N/A N/A 11.25
06/15/1984 0.1200 N/A N/A 10.80
03/15/1984 0.1200 N/A N/A 11.08
12/15/1983 0.1200 N/A N/A 14.70
09/15/1983 0.1200 N/A N/A 14.61
06/15/1983 0.1200 N/A N/A 14.92
03/15/1983 0.1200 N/A N/A 12.93
01/03/1983 0.1200 N/A N/A 12.39
09/15/1982 0.1200 N/A N/A 10.16
06/15/1982 0.1200 N/A N/A 8.64
03/15/1982 0.4150 N/A N/A 8.39
01/04/1982 0.1200 N/A N/A 9.68
09/15/1981 0.1200 N/A N/A 9.44
06/15/1981 0.1200 N/A N/A 10.67
03/13/1981 0.3250 N/A N/A 10.64
12/15/1980 0.0800 N/A N/A 10.92
09/15/1980 0.0800 N/A N/A 10.94
06/13/1980 0.0500 N/A N/A 9.55
03/14/1980 0.0500 N/A N/A 8.45
11/20/1979 0.2400 N/A N/A 8.03
09/14/1979 0.0500 N/A N/A 8.39
06/15/1979 0.0500 N/A N/A 7.45
03/15/1979 0.1650 N/A N/A 6.86
12/07/1978 0.0500 N/A N/A 6.64
09/07/1978 0.0400 N/A N/A 7.53
06/01/1978 0.0400 N/A N/A 6.67
03/10/1978 0.1600 N/A N/A 6.10
12/01/1977 0.0400 N/A N/A 6.40
09/01/1977 0.0300 N/A N/A 6.39
06/02/1977 0.0300 N/A N/A 6.48
03/03/1977 0.1250 N/A N/A 6.46
12/02/1976 0.0300 N/A N/A 6.65
09/02/1976 0.0300 N/A N/A 6.50
06/30/1976 0.0200 N/A N/A 6.24
03/04/1976 0.0200 N/A N/A 6.16
02/02/1976 0.0750 N/A N/A 6.12
12/04/1975 0.0200 N/A N/A 5.68
09/04/1975 0.0200 N/A N/A 5.75
06/05/1975 0.0200 N/A N/A 6.26
03/20/1975 0.0200 N/A N/A 5.64
01/31/1975 0.1100 N/A N/A 5.31
12/05/1974 0.0200 N/A N/A 5.06
09/05/1974 0.0200 N/A N/A 5.15
06/06/1974 0.0200 N/A N/A 6.57
01/31/1974 0.1900 N/A N/A 6.84
01/26/1973 0.0700 N/A N/A 8.66
01/27/1972 0.2200 N/A N/A 8.66
01/25/1971 0.3000 N/A N/A 8.35
01/16/1970 0.1400 N/A N/A 9.60
12/27/1968 0.0700 N/A N/A 11.98
07/01/1965 0.0250 N/A N/A 7.83
07/01/1964 0.0400 N/A N/A 7.86
07/01/1963 0.0700 N/A N/A 7.68
07/02/1962 0.0550 N/A N/A 6.85
01/02/1962 0.0300 N/A N/A 8.82
10/02/1961 0.0500 N/A N/A 9.02
12/01/1960 0.0808 N/A N/A 8.847
09/01/1960 0.0000 N/A N/A 8.318
06/01/1960 0.0441 N/A N/A 8.636
03/01/1960 0.0490 N/A N/A 8.313
12/01/1959 0.0490 N/A N/A 7.98
09/01/1959 0.0490 N/A N/A 7.06
03/02/1959 0.0490 N/A N/A 7.05
12/01/1958 0.0490 N/A N/A 6.463
12/02/1957 0.0441 N/A N/A 4.96
03/01/1957 0.0441 N/A N/A 5.454
06/01/1956 0.0538 N/A N/A 5.596
03/01/1956 0.0416 N/A N/A 5.819
12/01/1955 0.0416 N/A N/A 5.542
09/01/1955 0.0416 N/A N/A 5.373
06/01/1955 0.0538 N/A N/A 5.315
03/01/1955 0.0392 N/A N/A 5.222
12/01/1954 0.0392 N/A N/A 5.094
09/01/1954 0.0392 N/A N/A 4.832
03/01/1954 0.0392 N/A N/A 4.406
12/01/1953 0.0392 N/A N/A 4.162
09/01/1953 0.0392 N/A N/A 4.039
06/01/1953 0.0563 N/A N/A 4.142
03/02/1953 0.0392 N/A N/A 4.323
12/01/1952 0.0392 N/A N/A 4.34
09/01/1952 0.0392 N/A N/A 4.142
06/02/1952 0.0685 N/A N/A 4.12
06/01/1951 0.0685 N/A N/A 3.856
03/01/1951 0.0367 N/A N/A 3.99
12/01/1950 0.0367 N/A N/A 3.88
09/01/1950 0.0367 N/A N/A 3.657
06/01/1950 0.0392 N/A N/A 3.449
03/01/1950 0.0441 N/A N/A 3.508
12/01/1949 0.0392 N/A N/A 3.398
09/01/1949 0.0294 N/A N/A 3.241
06/01/1949 0.0441 N/A N/A 3.053
03/01/1949 0.0441 N/A N/A 3.178
12/01/1948 0.0392 N/A N/A 3.192
09/01/1948 0.0294 N/A N/A 3.283
06/01/1948 0.0416 N/A N/A 3.471
03/01/1948 0.0343 N/A N/A 3.351
12/01/1947 0.0343 N/A N/A 3.376
09/01/1947 0.0245 N/A N/A 3.395
12/02/1946 0.0294 N/A N/A 3.442
10/01/1946 0.0147 N/A N/A 3.334
as of 06/30/2015

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 06/30/2015

Fund Characteristics

3-Year Alpha 0.39%
3-Year Beta 0.96
3-Year R-Squared 0.93
3-Year Sharpe Ratio 1.92
3-Year Standard Deviation 8.84
Number of Securities 83
Total Assets $8,983,496,554.00
Wghtd Med Mkt Cap MM$ $59,737.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  Russell 1000 Value IX Tr

as of 06/30/2015

Top Equity Holdings | View all

% of Total Assets
JPMORGAN CHASE & CO 4.66
CITIGROUP INC 4.62
GENERAL ELECTRIC CO 3.00
MORGAN STANLEY 2.68
BANK OF AMERICA CORP 2.46
ROYAL DUTCH SHELL PLC A 2.18
TARGET CORP 1.91
CARNIVAL CORP 1.88
PNC FINANCIAL SERVICES GROUP 1.86
COMCAST CORP CL A 1.73

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

as of 06/30/2015

Top Industries

  % of Total Assets
Diversified Banks 12.88
Pharmaceuticals 7.88
Regional Banks 5.67
Integrated Oil & Gas 5.21
Investment Banking & Brokerage 5.03
Insurance Brokers 3.03
Industrial Conglomerates 3.00
Cable & Satellite 2.83
Oil & Gas Exploration & Production 2.78
Asset Management & Custody Banks 2.68

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

Convertible Securities Risk. The Fund may own convertible securities, the value of which 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.

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.

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.

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.

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.

Small- and Mid-Capitalization Risks. Stocks of small- and 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 small- and 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.

Value Investing Style Risk. The Fund emphasizes a value style of investing, which focuses on undervalued companies with characteristics for improved valuations. This style of investing is subject to the risk that the valuations never improve or that the returns on value equity securities are less than returns on other styles of investing or the overall stock market. Value stocks also may decline in price, even though in theory they are already underpriced.

as of 07/31/2015

ACGIX

NAV Change ($)
$27.26 -0.07
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.
as of 07/31/2015

Yield 

  • Distribution Yield
    with Sales Charge 0.95%
  • Distribution Yield
    without Sales Charge 1.01%
  • SEC 30-Day Yield 1.26%
  • Unsub. 30-Day Yield 1.25%

Fund Details

  • Distribution Frequency Quarterly
  • NASDAQ ACGIX
  • WSJ Abrev. Gr IncA
  • CUSIP 00142J362
  • Fund Type Equity
  • Geography Type N/A
  • Inception Date 08/01/1946
  • Fiscal Year End 08/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1752
  • Tax ID 13-6062621

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