⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

Buy 4 Best Rated Invesco Mutual Funds Now

Published 09/13/2016, 08:53 AM
Updated 07/09/2023, 06:31 AM
BVSP
-

Invesco Ltd is a renowned global investment management company, headquartered in Atlanta, Georgia. The company was founded in 1978 and has branch offices in 20 countries. The company offers financial solutions through a diverse set of investment vehicles across major equity, fixed income and alternative asset classes. The company manages worth more than $771.5 billion of assets (as of March 31, 2016). It prides itself in having more than 750 investment professionals and 6000 employees worldwide, helping investors achieve their long-term financial goals.

Below we share with you four top-rated Invesco mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Invesco funds.

Invesco International Growth Y AIIYX seeks capital growth for the long run. AIIYX invests mainly in depositary receipts and common stocks of foreign companies. The fund invests in more than three different nations other than the U.S. AIIYX may also invest in emerging markets. Moreover, the fund can invest in securities of large-cap companies. Invesco International Growth Y has a one-year return of 5.5%.

AIIYX has an expense ratio of 1.05% as compared to the category average of 1.20%.

Invesco Asia Pacific Growth Y ASIYX invests the lion’s share of its assets in equity securities and depositary receipts of companies located in the Asia Pacific region, excluding Japan. ASIAX may also invest in other derivatives and instruments issued in the region. Though ASIAX invests in securities of companies across all capitalizations, it is expected to invest a notable portion of its assets in securities of companies with small- and medium-size market capitalization. Invesco Asia Pacific Growth Y has a one-year return of 17.3%.

Mark Jason is one of the portfolio managers of ASIYX since 2007.

Invesco High Yield Muni B ACTGX seeks current income exempted from federal tax. ACTGX invests the majority of its assets in municipal securities. The fund invests a minimum 75% of its assets in higher yielding municipal securities, while it invests a maximum 25% of its assets in industrial development revenue bonds that are issued for companies in the same industry. Invesco High Yield Muni B has a one-year return of 11.1%.

ACTGX has an expense ratio of 0.86% as compared to the category average of 0.94%.

Invesco Developing Markets Y GTDYX invests a large chunk of its assets in securities of companies that are domiciled in developing countries and are believed to have an impressive growth prospect. GTDYXseeks capital appreciation over the long run. The fund invests in securities of companies irrespective of market capitalization.Invesco Developing Markets Y has a one-year annualized of 25%.

As of June 2016, GTDYX held 67 issues, with 4.29% of its assets invested in BM&F Bovespa SA.

To view the Zacks Rank and past performance of all Invesco mutual funds, investors can click here to see the complete list of Invesco funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>



Get Your Free (GTDYX): Fund Analysis Report

Get Your Free (AIIYX): Fund Analysis Report

Get Your Free (ASIYX): Fund Analysis Report

Get Your Free (ACTGX): Fund Analysis Report

Original post

Zacks Investment Research

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.