Mutual Funds

Invesco Mid Cap Growth Fund

Equity | US Equity

Objective & Strategy

The fund seeks long-term growth of capital by investing primarily in common stocks of mid-cap companies that management believes can generate sustainable growth in revenue, earnings and cash flow that is not fully reflected in investor expectations or equity valuations.

Finding New Treasures

A mid-cap growth strategy seeking to maximize return by combining dynamic high-reward opportunities with durable growth opportunities.

Expert   Dynamic and durable growth   Discipline and conviction
Our team of sector expert analysts focuses research on their best ideas.   We combine dynamic, high-reward opportunities with durable growth opportunities.   Disciplined research leads to conviction. We add value through our highest-conviction ideas.

Style Map

Invesco Mid Cap Growth 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 - Mid-Cap Growth Category

As of 07/31/2015 the Fund had an overall rating of 3 stars out of 654 funds and was rated 3 stars out of 654 funds, 2 stars out of 583 funds and 3 stars out of 447 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
PALO ALTO NETWORKS INC 2.82
NXP SEMICONDUCTORS NV 2.26
CONSTELLATION BRANDS INC CL A 2.01
ALEXION PHARMACEUTICALS INC 1.91
SERVICENOW INC 1.79
SIGNET JEWELLERS LTD 1.78
UNDER ARMOUR INC CL A 1.77
SBA COMMUNICATIONS CORP 1.76
BRUNSWICK CORP 1.75
MCGRAW HILL FINANCIAL INC 1.71

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 12/27/1995 N/A 12.37 8.39 15.78 19.59 14.28 9.28
Load 12/27/1995 5.50 12.04 2.42 9.42 17.35 12.99 8.67
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 Midcap Growth IX 1.62 1.17 14.65 19.93 17.50 9.24
S&P 500 Reinvested IX 2.10 1.41 11.21 17.58 16.24 7.72
Russell Midcap Growth IX -1.61 -1.14 9.45 19.24 18.69 9.69
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 0.68
12b-1 Fee 0.25
Other Expenses 0.26
Interest/Dividend Exp 0.00
Total Other Expenses 0.26
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) 0.00
Total Annual Fund Operating Expenses 1.19
Contractual Waivers/Reimbursements N/A
Net Expenses - PER PROSPECTUS 1.19
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 1.19
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 3.5862 35.38
12/13/2013 N/A N/A 0.9006 35.88
12/09/2011 N/A 0.6869 1.3326 25.56
12/13/2007 0.0000 0.9077 2.1523 29.04
12/15/2006 0.0000 0.0000 1.3720 26.24
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 -1.07%
3-Year Beta 1.05
3-Year R-Squared 0.91
3-Year Sharpe Ratio 1.81
3-Year Standard Deviation 10.80
Number of Securities 78
Total Assets $3,053,288,955.00
Wghtd Med Mkt Cap MM$ $12,748.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  Russell Midcap Growth IX

as of 07/31/2015

Top Equity Holdings | View all

% of Total Assets
PALO ALTO NETWORKS INC 2.82
NXP SEMICONDUCTORS NV 2.26
CONSTELLATION BRANDS INC CL A 2.01
ALEXION PHARMACEUTICALS INC 1.91
SERVICENOW INC 1.79
SIGNET JEWELLERS LTD 1.78
UNDER ARMOUR INC CL A 1.77
SBA COMMUNICATIONS CORP 1.76
BRUNSWICK CORP 1.75
MCGRAW HILL FINANCIAL INC 1.71

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

as of 07/31/2015

Top Industries

  % of Total Assets
Biotechnology 4.96
Semiconductors 4.81
Building Products 3.63
Application Software 3.59
Specialty Stores 3.48
Specialized Finance 3.21
Pharmaceuticals 2.93
Life Sciences Tools & Services 2.88
Communications Equipment 2.82
Oil & Gas Exploration & Production 2.79

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

Developing/Emerging Markets Securities Risk. The prices of securities issued by foreign companies and governments located in developing/emerging markets 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.

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 in the above factors 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 09/04/2015

VGRAX

NAV Change ($)
$36.73 -0.39
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 VGRAX
  • WSJ Abrev. Grwth A
  • CUSIP 00143M596
  • Fund Type Equity
  • Geography Type N/A
  • Inception Date 12/27/1995
  • Fiscal Year End 04/30
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1763
  • Tax ID 36-4049615