Objective
The Invesco Equity and Income Portfolio seeks current income and, secondarily, capital appreciation.
Strategy
The portfolio focuses on reaping the rewards of market upswings while minimizing the effects of downswings by investing across stocks, bonds and convertible bonds.
- Competitive long-term results. Seeks to deliver competitive long-term performance through both good and bad markets.
- Opportunity from change. Catalysts, such as new company management, new products or services, and favorable industry trends, may offer attractive growth potential over the long term.
- Diversification to help level ups and downs. Owning both stocks and bonds may help smooth out the market's ups and downs. The portfolio's combination of more than 400 stocks, bonds and convertible bonds is designed to provide overall diversification benefits.
Diversification does not guarantee a profit or eliminate the risk of loss.
as of
12/31/2020
12/31/2020
Average Annual Returns (%)
| Incept. Date |
Max Load (%) |
Since Incept. (%) |
YTD (%) | 1Y (%) | 3Y (%) | 5Y (%) | 10Y (%) | |
|---|---|---|---|---|---|---|---|---|
| NAV | 07/08/2016 | N/A | 9.09 | 9.98 | 9.98 | 6.03 | N/A | N/A |
| Load | 07/08/2016 | 4.00 | 8.09 | 5.58 | 5.58 | 4.59 | N/A | N/A |
| NAV | 07/08/2016 | N/A | 9.09 | 9.98 | 9.98 | 6.03 | N/A | N/A |
| Load | 07/08/2016 | 4.00 | 8.09 | 5.58 | 5.58 | 4.59 | 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 12/31/2020 12/31/2020
Annualized Benchmark Returns
| Index Name | 1 Mo (%) | 3 Mo (%) | 1Y (%) | 3Y (%) | 5Y (%) | 10Y (%) |
|---|---|---|---|---|---|---|
| Russell 1000 Value IX Tr | 3.83 | 16.25 | 2.80 | 6.07 | 9.74 | 10.50 |
| Russell 1000 Value IX Tr | 3.83 | 16.25 | 2.80 | 6.07 | 9.74 | 10.50 |
Source: RIMES Technologies Corp.
An investment cannot be made directly in an index.
Historical Prices
No history records found for this date range
| Date | Net Asset Value ($) | Public Offering Price ($) |
|---|---|---|
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The CollegeBound 529 Invesco Equity and Income Portfolio invests in the Invesco Equity and Income Fund (IEIFX). The data below is that of the underlying mutual fund.
as of 12/31/2020
Sector Breakdown
| Holdings | % of Total Net Assets |
|---|---|
| CASH/OTHER | 4.80 |
| Communication Services | 6.20 |
| Consumer Discretionary | 5.60 |
| Consumer Staples | 4.00 |
| Energy | 3.80 |
| Financials | 17.20 |
| Health Care | 11.90 |
| Industrials | 8.10 |
| Information Technology | 11.30 |
| Materials | 3.60 |
| Real Estate | 1.70 |
| Utilities | 1.80 |
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.
as of 08/31/2018
Top Equity Holdings | View all
| % of Total Assets | |
|---|---|
| CITIGROUP INC | 3.30 |
| BANK OF AMERICA CORP | 2.78 |
| JPMORGAN CHASE & CO | 2.35 |
| JOHNSON & JOHNSON | 1.80 |
| CVS HEALTH CORP | 1.77 |
| MORGAN STANLEY | 1.74 |
| ORACLE SYSTEMS CORP | 1.57 |
| AMERICAN INTERNATIONAL GROUP | 1.56 |
| CITIZENS FINANCIAL GROUP | 1.56 |
| DEVON ENERGY CORP | 1.55 |
May not equal 100% due to rounding.
Holdings are subject to change and are not buy/sell recommendations.
as of 08/31/2018
Top Industries
| % of Total Assets | |
|---|---|
| Diversified Banks | 12.42 |
| Pharmaceuticals | 6.27 |
| Regional Banks | 3.89 |
| Integrated Oil & Gas | 3.89 |
| Oil & Gas Exploration & Production | 3.87 |
| Investment Banking & Brokerage | 3.44 |
| Semiconductors | 2.75 |
| Health Care Equipment | 2.74 |
| Communications Equipment | 2.45 |
| Oil & Gas Equipment & Services | 2.36 |
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.
Fund Documents
Materials & Resources
About risk
Risks of the Underlying Holding
Convertible securities may be affected by market interest rates, the risk of issuer default, the value of the underlying stock or the issuer's right to buy back the convertible securities.
An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer's credit rating.
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 can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.
Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa.
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.
A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.
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.
Convertible securities may be affected by market interest rates, the risk of issuer default, the value of the underlying stock or the issuer's right to buy back the convertible securities.
An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer's credit rating.
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 can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.
Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa.
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.
A value style of investing is subject to the risk that the valuations never improve or that the returns will trail other styles of investing or the overall stock markets.
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.
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Dubai
(529-NAT) Invesco Equity and Income Portfolio commentary
28 Oct 2020
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