Objective & Strategy
The Fund seeks capital appreciation. The strategy typically invests in small-cap U.S. company stocks.
Morningstar Rating ™
Overall Rating - Small Blend CategoryAs of 11/30/2024 the Fund had an overall rating of 4 stars out of 595 funds and was rated 3 stars out of 595 funds, 4 stars out of 568 funds and 4 stars out of 406 funds for the 3-, 5- and 10- year periods, respectively.
Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2024 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. 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. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.
Management team
Top Equity Holdings | View all
% of Total Assets | |
---|---|
Allison Transmission | 2.09 |
Zurn Elkay Water Solutions | 2.01 |
Wintrust Financial | 1.86 |
KB Home | 1.76 |
ADMA Biologics | 1.76 |
AutoNation | 1.71 |
Summit Materials 'A' | 1.65 |
Esab | 1.64 |
Itron | 1.59 |
Korn Ferry | 1.58 |
May not equal 100% due to rounding.
Holdings are subject to change and are not buy/sell recommendations.
Average Annual Returns (%)
Incept. Date |
Max Load (%) |
Since Incept. (%) |
YTD (%) | 1Y (%) | 3Y (%) | 5Y (%) | 10Y (%) | |
---|---|---|---|---|---|---|---|---|
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.
Annualized Benchmark Returns
Index Name | 1 Mo (%) | 3 Mo (%) | 1Y (%) | 3Y (%) | 5Y (%) | 10Y (%) |
---|---|---|---|---|---|---|
Russell 2000 Total Return Index (USD) | 10.97 | 10.13 | 36.43 | 4.96 | 9.90 | 9.05 |
S&P 500 Total Return Index (USD) | 5.87 | 7.15 | 33.89 | 11.44 | 15.77 | 13.35 |
Russell 2000 Total Return Index (USD) | 0.70 | 9.27 | 26.76 | 1.84 | 9.39 | 8.78 |
S&P 500 Total Return Index (USD) | 2.14 | 5.89 | 36.35 | 11.91 | 15.98 | 13.38 |
Source: RIMES Technologies Corp.
Source: RIMES Technologies Corp.
An investment cannot be made directly in an index.
Expense Ratio per Prospectus
Management Fee | 0.64 |
12b-1 Fee | 0.25 |
Other Expenses | 0.19 |
Interest/Dividend Exp | N/A |
Total Other Expenses | 0.19 |
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) | N/A |
Total Annual Fund Operating Expenses | 1.08 |
Contractual Waivers/Reimbursements | N/A |
Net Expenses - PER PROSPECTUS | 1.08 |
Additional Waivers/Reimbursements | N/A |
Net Expenses - With Additional Fee Reduction | 1.08 |
Distributions
Capital Gains | Reinvestment Price ($) |
|||
---|---|---|---|---|
Ex-Date | Income | Short Term | Long Term | |
Sector Breakdown
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 Characteristics
3-Year Alpha | 2.61% |
3-Year Beta | 0.92 |
3-Year R-Squared | 0.96 |
3-Year Sharpe Ratio | 0.18 |
3-Year Standard Deviation | 21.58 |
Number of Securities | 97 |
Total Assets | $2,198,617,837.00 |
Source: RIMES Technologies Corp.,StyleADVISOR
Benchmark: Russell 2000 Total Return Index (USD)
Top Equity Holdings | View all
% of Total Assets | |
---|---|
Allison Transmission | 2.09 |
Zurn Elkay Water Solutions | 2.01 |
Wintrust Financial | 1.86 |
KB Home | 1.76 |
ADMA Biologics | 1.76 |
AutoNation | 1.71 |
Summit Materials 'A' | 1.65 |
Esab | 1.64 |
Itron | 1.59 |
Korn Ferry | 1.58 |
May not equal 100% due to rounding.
Holdings are subject to change and are not buy/sell recommendations.
Top Industries
% of Total Assets | |
---|---|
Regional Banks | 9.47 |
Biotechnology | 5.39 |
Semiconductors | 4.69 |
Industrial Machinery & Supplies & Components | 4.07 |
Oil & Gas Exploration & Production | 3.44 |
Application Software | 2.84 |
Other Specialized REITs | 2.82 |
Human Resource & Employment Services | 2.60 |
Building Products | 2.47 |
Automotive Parts & Equipment | 2.47 |
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
As with any mutual fund investment, loss of money is a risk of investing. An
investment in the Fund is not a deposit in a bank and is not insured or
guaranteed by the Federal Deposit Insurance Corporation or any other
governmental agency. The risks associated with an investment in the Fund
can increase during times of significant market volatility. The principal risks
of investing in the Fund are:
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. The value of
the Fund’s investments may go up or down due to general market
conditions that are not specifically related to the particular issuer, such as
real or perceived adverse economic conditions, changes in the general
outlook for revenues or corporate earnings, changes in interest or currency
rates, regional or global instability, natural or environmental disasters,
widespread disease or other public health issues, war, military conflict, acts
of terrorism, economic crisis or adverse investor sentiment generally. 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.
Investing in Stocks Risk. The value of the Fund’s portfolio may be
affected by changes in the stock markets. Stock markets may experience
significant short–term volatility and may fall or rise sharply at times. Adverse
events in any part of the equity or fixed–income markets may have
unexpected negative effects on other market segments. Different stock
markets may behave differently from each other and U.S. stock markets
may move in the opposite direction from one or more foreign stock markets.
The prices of individual stocks generally do not all move in the same
direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of
investments, such as bonds. A variety of factors can negatively affect the
price of a particular company’s stock. These factors may include, but are not
limited to: poor earnings reports, a loss of customers, litigation against the
company, general unfavorable performance of the company’s sector or
industry, or changes in government regulations affecting the company or its
industry. To the extent that securities of a particular type are emphasized (for
example foreign stocks, stocks of small– or mid–cap companies, growth or
value stocks, or stocks of companies in a particular industry), fund share
values may fluctuate more in response to events affecting the market for
those types of securities.
Small– and Mid–Capitalization Companies Risk. Investing in
securities of small– and mid–capitalization companies involves greater risk
than customarily is associated with investing in larger, more established
companies. Stocks of 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.
They may be more sensitive to changes in a company’s earnings
expectations and may experience more abrupt and erratic price movements.
Smaller companies’ securities often trade in lower volumes and in many
instances, are traded over–the–counter or on a regional securities exchange,
where the frequency and volume of trading is substantially less than is
typical for securities of larger companies traded on national securities
exchanges. Therefore, the securities of smaller companies may be subject
to wider price fluctuations and it might be harder for the Fund to dispose of
its holdings at an acceptable price when it wants to sell them. Since small–
and mid–cap companies typically reinvest a high proportion of their earnings
in their business, they may not pay dividends for some time, particularly if
they are newer companies. It may take a substantial period of time to realize
a gain on an investment in a small– or mid–cap company, if any gain is
realized at all.
REIT Risk/Real Estate Risk. Investments in real estate related
instruments may be adversely affected by economic, legal, cultural,
environmental or technological factors that affect property values, rents or
occupancies. 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 on certain types
of debt obligations held by the Fund, the Fund may acquire real estate
directly, which involves additional risks such as environmental liabilities;
difficulty in valuing and selling the real estate; and economic or regulatory
changes.
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.
Invesco Main Street Small Cap Fund Commentary
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