Mutual Funds

Invesco Endeavor Fund

Equity | US Equity

Objective & Strategy

The fund seeks long-term growth of capital by investing primarily in the stocks of mid-cap companies that are attractively priced relative to their prospective earnings and cash flow, and have strong, long-term growth prospects.

Style Map

Invesco Endeavor Fund

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

as of 06/30/2016

Morningstar Rating

Overall Rating - Mid-Cap Blend Category

As of 06/30/2016 the Fund had an overall rating of 2 stars out of 376 funds and was rated 1 stars out of 376 funds, 2 stars out of 321 funds and 2 stars out of 228 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 06/30/2016

Top Equity Holdings | View all

% of Total Assets
ENCORE CAPITAL GROUP INC 6.07
ORION GROUP HOLDINGS INC 5.95
BROOKFIELD PROPERTY PARTNERS 5.50
OAK CAPITAL GROUP LLC 4.65
ZIMMER BIOMET HOLDINGS INC 3.98
TITAN MACHINERY INC 3.95
COGNIZANT TECH SOLUTIONS CORP 3.69
CAPELLA EDUCATION CO 3.58
PLANTRONICS INC 3.26
AFFILIATED MANAGERS GROUP INC 3.16

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

as of 06/30/2016 06/30/2016

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 11/04/2003 N/A 8.46 1.99 -8.70 2.90 7.21 6.95
Load 11/04/2003 5.50 7.98 -3.64 -13.73 0.98 6.00 6.34
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 06/30/2016 06/30/2016

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
Russell Midcap IX Tr 0.46 3.18 0.56 10.80 10.90 8.07
S&P 500 Reinvested IX 0.26 2.46 3.99 11.66 12.10 7.42
Russell Midcap IX Tr 0.46 3.18 0.56 10.80 10.90 8.07
S&P 500 Reinvested IX 0.26 2.46 3.99 11.66 12.10 7.42

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 0.74
12b-1 Fee 0.25
Other Expenses 0.30
Interest/Dividend Exp 0.00
Total Other Expenses 0.30
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) 0.03
Total Annual Fund Operating Expenses 1.32
Contractual Waivers/Reimbursements -0.03
Net Expenses - PER PROSPECTUS 1.29
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 1.29
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
12/11/2015 N/A 0.4322 1.8699 15.76
12/12/2014 N/A 0.1639 1.8504 19.83
12/13/2013 0.0121 0.1211 0.7389 20.36
12/28/2012 0.0604 N/A N/A 17.07
12/07/2012 N/A 0.8674 0.8574 16.89
12/09/2011 N/A N/A 0.0735 15.93
12/12/2008 0.0429 N/A N/A 7.95
12/14/2007 0.0418 0.1484 1.1835 14.01
12/15/2006 N/A N/A 0.8247 15.71
12/16/2005 0.0308 N/A N/A 13.478
as of 06/30/2016

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 06/30/2016

Fund Characteristics

3-Year Alpha -5.67%
3-Year Beta 0.85
3-Year R-Squared 0.72
3-Year Sharpe Ratio 0.24
3-Year Standard Deviation 11.91
Number of Securities 28
Total Assets $264,721,469.00
Wghtd Med Mkt Cap MM$ $5,873.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  Russell Midcap IX Tr

as of 06/30/2016

Top Equity Holdings | View all

% of Total Assets
ENCORE CAPITAL GROUP INC 6.07
ORION GROUP HOLDINGS INC 5.95
BROOKFIELD PROPERTY PARTNERS 5.50
OAK CAPITAL GROUP LLC 4.65
ZIMMER BIOMET HOLDINGS INC 3.98
TITAN MACHINERY INC 3.95
COGNIZANT TECH SOLUTIONS CORP 3.69
CAPELLA EDUCATION CO 3.58
PLANTRONICS INC 3.26
AFFILIATED MANAGERS GROUP INC 3.16

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

as of 06/30/2016

Top Industries

  % of Total Assets
Construction & Engineering 8.90
Asset Management & Custody Banks 7.82
Trading Companies & Distributors 6.21
Consumer Finance 6.07
Real Estate Operating Companies 5.50
Health Care Equipment 3.98
IT Consulting & Other Services 3.69
Education Services 3.58
Communications Equipment 3.26
Air Freight & Couriers 3.16

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.

Portfolio Manager Commentary – 2015 Year-End Letter

09 Mar 2016 | Mark Uptigrove and Clayton Zacharias

We use our Year-End Letter to communicate plainly with our investors about Invesco Endeavor Fund. The purpose is to highlight fund performance and activity, share investment views, and address topics we think are of interest to our investors.

Read more

 About risk

Cash/Cash Equivalents Risk. In rising markets, holding cash or cash equivalents will negatively affect the Fund's performance relative to its benchmark.

Debt Securities Risk. The prices of debt securities held by the Fund will be affected by changes in interest rates, the creditworthiness of the issuer and other factors. An increase in prevailing interest rates typically causes the value of existing debt securities to fall and often has a greater impact on longer-duration debt securities and higher quality debt securities. Falling interest rates will cause the Fund to reinvest the proceeds of debt securities that have been repaid by the issuer at lower interest rates. Falling interest rates may also reduce the Fund's distributable income because interest payments on floating rate debt instruments held by the Fund will decline. The Fund could lose money on investments in debt securities if the issuer or borrower fails to meet its obligations to make interest payments and/or to repay principal in a timely manner. Changes in an issuer's financial strength, the market's perception of such strength or in the credit rating of the issuer or the security may affect the value of debt securities. The Adviser's credit analysis may fail to anticipate such changes, which could result in buying a debt security at an inopportune time or failing to sell a debt security in advance of a price decline or other credit event.

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.

Small- and Mid-Capitalization Companies 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.

U.S. Government Obligations Risk. Obligations of U.S. Government agencies and authorities receive varying levels of support and may not be backed by the full faith and credit of the U.S. Government, which could affect the Fund's ability to recover should they default. No assurance can be given that the U.S. Government will provide financial support to its agencies and authorities if it is not obligated by law to do so.

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 07/29/2016

ATDAX

NAV Change ($)
$17.32 0.07
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 ATDAX
  • WSJ Abrev. N/A
  • CUSIP 00141T296
  • Fund Type Equity
  • Geography Type Domestic
  • Inception Date 11/04/2003
  • Fiscal Year End 10/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1598
  • Tax ID 77-0608563