Individual | Alternatives

Invesco Global Real Estate Income Portfolio

Class A

Class A

  • Class A
  • Class C
  • Class I
  • Class RA
  • Class RZ

Objective

The Invesco Global Real Estate Income Fund seeks current income and, secondarily, capital appreciation.

Strategy

The portfolio seeks current income and, secondarily, capital appreciation using an active strategy with flexibility to invest in both real estate equity and fixed income securities on a global scale, seeking income and capital appreciation. The portfolio also seeks to limit risk through various controls, such as diversifying the portfolio asset categories, property types and geographic areas, as well as by considering the relative liquidity of each security and limiting the size of any one holding.

Management team

as of 07/31/2022 06/30/2022

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 10/22/2021 N/A -8.30 -11.23 N/A N/A N/A N/A
Load 10/22/2021 3.50 -12.00 -14.78 N/A N/A N/A N/A
NAV 10/22/2021 N/A -13.80 -16.55 N/A N/A N/A N/A
Load 10/22/2021 3.50 -17.27 -19.89 N/A N/A N/A N/A
The performance quoted is past performance and is not a guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an account owner’s units, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data shown. Performance figures reflect reinvested distributions of the underlying security/securities and changes in net asset value (NAV). Class A Unit performance at load is shown at the maximum sales charge. Performance shown at NAV does not include applicable CDSC or front-end sales charges, which would have reduced the performance. Returns less than one year are cumulative; all others are annualized.

as of 07/31/2022 06/30/2022

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
Custom Global Real Estate Income IX 7.96 -5.71 -9.99 1.37 3.15 5.12
Custom Global Real Estate Income IX -8.69 -17.45 -13.44 -1.07 1.95 4.69

Source: Invesco, FactSet Research Systems Inc.

An investment cannot be made directly in an index.

Historical Prices

 
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The CollegeBound 529 Invesco Global Real Estate Income Portfolio invests in the Invesco Global Real Estate Income Fund (FGREX). The data below is that of the underlying mutual fund.
as of 06/30/2022

Asset Mix

Holdings % of Total Net Assets
Common Stocks 72.44
Preferred Stocks 14.05
Convertible Preferred 0.79
Corporate Bonds 2.18
Mortgage Backed 3.23
Cash 7.86

May not equal 100% due to rounding.

as of 06/30/2022

Top Countries

  % of Total Assets
United States 67.97
Japan 6.83
Hong Kong 4.72
Germany 2.52
Australia 2.47
United Kingdom 2.18
Canada 2.01
Singapore 1.89
France 0.78
Mexico 0.66

May not equal 100% due to rounding.

as of 06/30/2022

Top Equity Holdings | View all

  % of Total Assets
Prologis 5.18
Ventas 3.10
UDR 3.07
AIM INVESCO LIQUID A ASSETS FD 2.80
Duke Realty 2.54
AvalonBay Communities 2.26
VICI Properties 2.18
Sun Communities 2.04
Kimco Realty 1.95
Welltower 1.91

May not equal 100% due to rounding.

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

as of 06/30/2022

Top Industries

  % of Total Assets
Residential REITs 15.97
Industrial REITs 15.15
Specialized REITs 13.83
Retail REITs 7.03
Health Care REITs 6.30
Office REITs 5.55
Diversified REITs 5.31
Real Estate Operating Companies 5.24
Hotel & Resort REITs 5.11
Diversified Real Estate Activities 4.39

May not equal 100% due to rounding.

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

Risks of the Underlying Holding

Convertible securities may be affected by market interest rates, issuer default, the value of the underlying stock or the right of the issuer to buy back the convertible securities.

There is a heightened risk that the Federal Reserve Board (FRB) and central banks may raise the federal funds and equivalent foreign rates due to the potential “tapering” of the FRB’s quantitative easing program and other similar foreign central bank actions, which may expose fixed income investments to higher volatility and reduced liquidity, particularly those with longer maturities.  As a result, the Fund’s investments and share price may decline. 

Derivatives may be more volatile and less liquid than traditional investments and are subject to market, interest rate, credit, leverage, counterparty and management risks. An investment in a derivative could lose more than the cash amount invested.

The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

The performance of an investment concentrated in issuers of a certain region or country is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.

Junk bonds have greater risk of default or price changes due to changes in the issuer’s credit quality. Junk bond values fluctuate more than high quality bonds and can decline significantly over a short time.

Mortgage- and asset-backed securities are subject to prepayment or call risk, which is the risk that the borrower’s payments may be received earlier or later than expected due to changes in prepayment rates on underlying loans. Securities may be prepaid at a price less than the original purchase value.

Preferred securities may include provisions that permit the issuer to defer or omit distributions for a certain period of time, and reporting the distribution for tax purposes may be required, even though the income may not have been received. Further, preferred securities may lose substantial value due to the omission or deferment of dividend payments.

Investments in real estate related instruments may be affected by economic, legal, or environmental factors that affect property values, rents or occupancies of real estate. 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.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The Portfolio is subject to certain other risks. Please see the current Program Description for more information regarding the risks associated with an investment in the Portfolio.