Mutual Funds

Invesco Diversified Dividend Fund

Equity | US Equity

Dividend Growers

An active strategy that seeks to deliver value through dividend investing by employing a total return approach — combining appreciation, income and preservation over a full market cycle.

Appreciation   Income   Preservation
Invesco Diversified Dividend Fund is ranked in the top 22% of peers since manager inception on Dec. 31, 2002. The team seeks to invest in companies with an attractive total return profile over a full market cycle.   The fund's annualized dividend growth rate is 12.30% since manager inception. The dividend growth rate is not a yield or a measure of fund performance but is based on the annualized growth rate of the fund's actual dividend payments.1 Currently, the strategy only holds dividend-paying stocks and focuses on companies with sustainable and growing dividends.2   The fund ranked in the top 8% of peers during the last major bear market. The team seeks to limit volatility and manage downside risk.

Total Return Rankings, Class A Shares at NAV as of Dec. 31, 20143

Fund vs. Morningstar Category 1 Year 3 Years 5 Years 10 Years
Invesco Diversified Dividend Fund vs. 27% 42% 32% 17%
Morningstar Large Value Category 351 of 1,290 459 of 1,106 311 of 975 109 of 666
Fund vs. Morningstar Category Since Portfolio Manager Inception 12/31/02 to 12/31/14 Since Inception 12/31/01 to 12/31/14 Bear Market 10/31/07 to 3/31/09
Invesco Diversified Dividend Fund vs. 22% 14% 8%
Morningstar Large Value Category 206 of 922 124 of 868 99 of 1,172


Footnote(s)

1 Sources: Invesco, FactSet Research Systems, Inc. The dividend growth rate reflected assumes an initial investment of $10,000 into Invesco Diversified Dividend Fund on Dec. 31, 2002 with no reinvestment of dividends over time. Past performance cannot guarantee future results. Please note that quarterly dividend payouts varied and decreased during some periods since the manager inception period.

2 The fund may invest up to 20% of its total assets in investment-grade debt securities of US issuers.

3 Sources: Invesco, ©2015 Morningstar Inc. Morningstar rankings are based on total return, excluding sales charges and including fees and expenses, versus all funds in the Morningstar category. Had fees not been waived and/or expenses reimbursed currently or in the past, the ranking would have been lower. All rights reserved. Past performance is no guarantee of future results. Source for bear market performance is StyleADVISOR. Bear market performance shown is from month end closest to the start date of Oct. 10, 2007, through June 30, 2009, month end closest to the end of the bear market on March 9, 2009.

There can be no guarantee or assurance that companies will declare dividends in the future or that if declared, they will remain at current levels or increase over time.

Objective & Strategy

The fund seeks long-term growth of capital and, secondarily, current income by employing a total return approach, emphasizing capital appreciation, current income and principal preservation. The fund may act as a foundation for investors' portfolios.

Style Map

Invesco Diversified Dividend Fund

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

as of 03/31/2015

Morningstar Rating

Overall Rating - Large Value Category

As of 03/31/2015 the Fund had an overall rating of 4 stars out of 1125 funds and was rated 3 stars out of 1125 funds, 3 stars out of 991 funds and 4 stars out of 689 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 03/31/2015

Top Equity Holdings | View all

% of Total Assets
GENERAL MILLS INC 3.49
CAMPBELL SOUP CO 2.62
KRAFT FOODS GROUP INC 2.59
HEINEKEN NV 2.54
WALGREENS BOOTS ALLIANCE INC 2.22
COCA COLA CO 2.08
TARGET CORP 2.01
AT&T INC 2.00
GENERAL DYNAMICS CORP 1.93
LILLY ELI & CO 1.90

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

as of 03/31/2015 03/31/2015

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 12/31/2001 N/A 8.00 2.06 10.18 16.19 13.10 8.27
Load 12/31/2001 5.50 7.54 -3.58 4.12 14.01 11.82 7.66
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.

Had fees not been waived and/or expenses reimbursed currently or in the past, returns would have been lower.

as of 03/31/2015 03/31/2015

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
Russell 1000 Value IX Tr -1.36 -0.72 9.33 16.44 13.75 7.21
S&P 500 Reinvested IX -1.58 0.95 12.73 16.11 14.47 8.01
Russell 1000 Value IX Tr -1.36 -0.72 9.33 16.44 13.75 7.21
S&P 500 Reinvested IX -1.58 0.95 12.73 16.11 14.47 8.01

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 0.42
12b-1 Fee 0.25
Other Expenses 0.17
Interest/Dividend Exp 0.00
Total Other Expenses 0.17
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
03/19/2015 0.0660 N/A N/A 18.43
12/12/2014 0.0836 0.0063 0.3579 17.81
09/18/2014 0.0668 N/A N/A 18.10
06/19/2014 0.0618 N/A N/A 18.17
03/20/2014 0.0618 N/A N/A 17.32
12/13/2013 0.0620 N/A 0.1608 16.36
09/19/2013 0.0620 N/A N/A 16.11
06/20/2013 0.0624 N/A N/A 15.07
03/21/2013 0.0581 N/A N/A 14.87
12/07/2012 0.0747 0.0200 0.1872 13.35
09/20/2012 0.0594 N/A N/A 13.57
06/14/2012 0.0594 N/A N/A 12.52
03/15/2012 0.0485 N/A N/A 12.98
12/09/2011 0.0579 N/A 0.1390 11.70
09/15/2011 0.0450 N/A N/A 11.46
06/16/2011 0.0500 N/A N/A 12.42
03/17/2011 0.0498 N/A N/A 12.40
12/03/2010 0.0897 N/A N/A 11.89
09/16/2010 0.0460 N/A N/A 11.21
06/17/2010 0.0501 N/A N/A 11.17
03/18/2010 0.0501 N/A N/A 11.51
12/11/2009 0.0484 N/A N/A 10.85
09/18/2009 0.0369 N/A N/A 10.56
06/19/2009 0.0465 N/A N/A 8.93
03/20/2009 0.0525 N/A N/A 7.36
12/12/2008 0.0586 N/A N/A 8.63
09/18/2008 0.0555 N/A N/A 11.75
06/18/2008 0.0649 N/A N/A 11.59
03/18/2008 0.0651 N/A N/A 11.76
12/14/2007 0.0513 0.0162 0.9262 12.583
09/20/2007 0.0501 N/A N/A 14.152
06/20/2007 0.0472 N/A N/A 14.409
03/20/2007 0.0545 N/A N/A 13.598
12/15/2006 0.0555 0.0778 0.5162 13.668
09/20/2006 0.0532 N/A N/A 13.375
06/20/2006 0.0412 N/A N/A 12.557
03/20/2006 0.0402 N/A N/A 13.012
12/16/2005 0.0402 0.0886 0.0718 12.564
09/19/2005 0.0400 N/A N/A 12.293
06/20/2005 0.0400 N/A N/A 12.264
03/18/2005 0.0400 N/A N/A 12.029
12/17/2004 0.0632 0.1126 0.0909 11.902
09/20/2004 0.0360 N/A N/A 11.536
06/18/2004 0.0355 N/A N/A 11.431
03/19/2004 0.0355 N/A N/A 11.053
12/12/2003 0.0385 N/A N/A 10.617
09/19/2003 0.0190 N/A N/A 10.002
06/20/2003 0.0190 N/A N/A 9.624
as of 03/31/2015

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 03/31/2015

Fund Characteristics

3-Year Alpha 2.88%
3-Year Beta 0.80
3-Year R-Squared 0.89
3-Year Sharpe Ratio 1.92
3-Year Standard Deviation 8.42
Number of Securities 79
Total Assets $10,938,051,344.00
Wghtd Med Mkt Cap MM$ $33,575.00

Source: FactSet Research Systems Inc., StyleADVISOR

Benchmark:  Russell 1000 Value IX Tr

as of 03/31/2015

Top Equity Holdings | View all

% of Total Assets
GENERAL MILLS INC 3.49
CAMPBELL SOUP CO 2.62
KRAFT FOODS GROUP INC 2.59
HEINEKEN NV 2.54
WALGREENS BOOTS ALLIANCE INC 2.22
COCA COLA CO 2.08
TARGET CORP 2.01
AT&T INC 2.00
GENERAL DYNAMICS CORP 1.93
LILLY ELI & CO 1.90

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

as of 03/31/2015

Top Industries

  % of Total Assets
Packaged Foods & Meats 10.33
Electric Utilities 8.21
Regional Banks 6.46
Pharmaceuticals 4.54
Aerospace & Defense 3.67
Integrated Telecommunication Services 3.20
Household Products 3.06
Multi-Utilities 2.98
Integrated Oil & Gas 2.65
Brewers 2.54

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

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.

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 05/05/2015

LCEAX

NAV Change ($)
$18.63 -0.19
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.
as of 05/05/2015

Yield 

  • Distribution Yield
    with Sales Charge 1.34%
  • Distribution Yield
    without Sales Charge 1.42%
  • SEC 30-Day Yield 1.44%
  • Unsub. 30-Day Yield 1.43%

Fund Details

  • Distribution Frequency Quarterly
  • NASDAQ LCEAX
  • WSJ Abrev. N/A
  • CUSIP 001413541
  • Fund Type Equity
  • Geography Type Domestic
  • Inception Date 12/31/2001
  • Fiscal Year End 10/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1586
  • Tax ID 76-0698844

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