Mutual Funds

Invesco Small Cap Value Fund Limited offering! 

Equity | US Equity

Objective & Strategy

The fund seeks long term growth of capital by investing primarily in a portfolio of equity securities of small-capitalization companies that the fund’s investment adviser believes are undervalued.

Style Map

Invesco Small Cap Value Fund

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

as of 04/30/2016

Morningstar Rating

Overall Rating - Small Value Category

As of 04/30/2016 the Fund had an overall rating of 3 stars out of 383 funds and was rated 2 stars out of 383 funds, 2 stars out of 332 funds and 4 stars out of 219 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. ©2016 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 04/30/2016

Top Equity Holdings | View all

% of Total Assets
AECOM 4.39

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

as of 04/30/2016 03/31/2016

Average Annual Returns (%)

Load (%)
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 06/21/1999 N/A 10.11 0.56 -11.43 7.75 7.81 8.04
Load 06/21/1999 5.50 9.74 -4.98 -16.29 5.74 6.59 7.42
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 04/30/2016 03/31/2016

Annualized Benchmark Returns

Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
Russell 2000 Value IX Tr 2.12 11.34 -3.71 6.50 6.77 4.61
S&P 500 Reinvested IX 0.39 7.05 1.21 11.26 11.02 6.91
Russell 2000 Value IX Tr 8.29 1.70 -7.72 5.73 6.67 4.42
S&P 500 Reinvested IX 6.78 1.35 1.78 11.82 11.58 7.01

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 0.63
12b-1 Fee 0.25
Other Expenses 0.25
Interest/Dividend Exp 0.00
Total Other Expenses 0.25
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) 0.01
Total Annual Fund Operating Expenses 1.14
Contractual Waivers/Reimbursements N/A
Net Expenses - PER PROSPECTUS 1.14
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 1.14
This information is updated per the most recent prospectus.

Historical Prices

From   to
No history records found for this date range


From   to
    Capital Gains Reinvestment
Price ($)
Ex-Date Income Short Term Long Term
12/11/2015 0.0087 N/A 1.7772 16.11
12/12/2014 N/A 0.1023 3.2627 18.53
12/13/2013 N/A N/A 1.8325 20.45
12/07/2012 N/A 0.2967 2.1190 15.55
12/09/2011 N/A 0.1638 0.9586 15.56
12/10/2010 N/A N/A 0.6126 17.84
12/10/2009 0.0038 0.0000 0.0000 13.90
12/11/2008 0.0283 0.0000 0.0393 10.00
12/13/2007 0.0000 0.4196 1.2177 15.38
12/15/2006 0.0000 0.0916 3.4521 16.86
12/16/2005 0.0000 N/A 2.4886 16.56
12/10/2004 N/A N/A 0.5846 16.88
12/14/2001 0.0038 N/A 0.0120 12.74
12/15/2000 0.0428 0.3469 0.0436 10.54
as of 04/30/2016

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 04/30/2016

Fund Characteristics

3-Year Alpha 0.89%
3-Year Beta 1.11
3-Year R-Squared 0.82
3-Year Sharpe Ratio 0.43
3-Year Standard Deviation 17.79
Number of Securities 64
Total Assets $2,774,011,392.00
Wghtd Med Mkt Cap MM$ $2,656.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  Russell 2000 Value IX Tr

as of 04/30/2016

Top Equity Holdings | View all

% of Total Assets
AECOM 4.39

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

as of 04/30/2016

Top Industries

  % of Total Assets
Investment Banking & Brokerage 6.90
Electronic Components 6.55
Human Resource & Employment Services 6.31
Auto Parts & Equipment 6.01
Regional Banks 5.98
Oil & Gas Equipment & Services 5.12
Construction & Engineering 4.39
Steel 4.06
Personal Products 4.05
Asset Management & Custody Banks 3.97

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

Depositary Receipts Risk. Investing in depositary receipts involves the same risks as direct investments in foreign securities. In addition, the underlying issuers of certain depositary receipts are under no obligation to distribute shareholder communications or pass through any voting rights with respect to the deposited securities to the holders of such receipts. The Fund may therefore receive less timely information or have less control than if it invested directly in the foreign issuer.

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.

Emerging Markets Securities Risk. Emerging markets (also referred to as developing markets) are generally subject to greater market volatility, political, social and economic instability, uncertain trading markets and more governmental limitations on foreign investment than more developed markets. In addition, companies operating in emerging markets may be subject to lower trading volume and greater price fluctuations than companies in more developed markets. Securities law and the enforcement of systems of taxation in many emerging market countries may change quickly and unpredictably. In addition, investments in emerging markets securities may also be subject to additional transaction costs, delays in settlement procedures, and lack of timely information.

Foreign Securities Risk. The Fund's foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Foreign investments also involve the risk of the possible seizure, nationalization or expropriation of the issuer or foreign deposits (in which the Fund could lose its entire investments in a certain market) and the possible adoption of foreign governmental restrictions such as exchange controls. Unless the Fund has hedged its foreign securities risk, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. Currency hedging strategies, if used, are not always successful.

Management Risk. The Fund is actively managed and depends heavily on the Adviser's judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund's portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective.

Market Risk. The market values of the Fund's investments, and therefore the value of the Fund's shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. Individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.

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. Shares of real estate related companies, which tend to be small- and mid-cap companies, may be more volatile and less liquid than larger companies. If a real estate related company defaults, the Fund may own real estate directly, which involves additional risks such as environmental liabilities; difficulty in valuing and selling the real estate; and economic or regulatory changes.

Small- and Mid-Capitalization Risks. Small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies' securities may be more volatile and less liquid than those of more established companies, and their returns may vary, sometimes significantly, from the overall securities market.

Value Investing Style Risk. A value investing style subjects the Fund 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.

as of 05/27/2016


NAV Change ($)
$15.96 0.14
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.

Fund Details

  • Distribution Frequency Annually
  • WSJ Abrev. N/A
  • CUSIP 00143M539
  • Fund Type Equity
  • Geography Type N/A
  • Inception Date 06/21/1999
  • Fiscal Year End 04/30
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1770
  • Tax ID 36-4277151