With around $1.73 trillion worth of assets under management as of July 31, 2024, Invesco Ltd. offers financial solutions through a diverse set of investment vehicles across major equity, fixed-income and alternative asset classes. This top-notch global investment management company caters to a wide range of mutual funds, including equity and fixed-income funds, and domestic and international funds. The company has more than 8,400 employees and offers financial services worldwide through offices in 26 countries. Below, we share with you three Invesco mutual funds, namely Invesco SteelPath MLP Select 40 MLPTX, Invesco Small Cap Value VSCAX and Invesco Comstock ACSDX. 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 funds, their Zacks Rank and past performance. Invesco SteelPath MLP Select 40 fund invests most of its assets, along with borrowings, if any, in master limited partnerships of companies engaged in the transportation, storage, processing, refining, marketing, exploration, production, and mining of minerals and natural resources. MLPTX advisors also invest in derivatives and other instruments with similar economic characteristics in the same industry. Invesco SteelPath MLP Select 40 fund has three-year annualized returns of 22.8%. As of the end of November 2024, MLPTX had 43 issues and invested 8.6% of its net assets in Energy Transfer. Invesco Small Cap Value fund invests most of its assets, along with borrowings, if any, in common stocks of small-capitalization companies, which, according to the fund’s advisors, are undervalued. VSCAX advisors also invest in derivatives, or other instruments with the same economic characteristics. Invesco Small Cap Value fund has three-year annualized returns of 11.4%. VSCAX has an expense ratio of 1.1%. Invesco Comstock fund invests most of its assets, along with borrowings, if any, in common stocks, derivatives and other instruments that have similar economic characteristics, irrespective of any market capitalization. ACSDX advisors also invest in real estate investment trusts. Invesco Comstock fund has three-year annualized returns of 9%. Kevin C. Holt has been one of the fund managers of ACSDX since August 1999. To view the Zacks Rank and the past performance of all Invesco mutual funds, investors can click here to see the complete list of Invesco mutual 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 >> Story Continues View All Zacks #1 Ranked Mutual Funds Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (VSCAX): Fund Analysis Report Get Your Free (MLPTX): Fund Analysis Report Get Your Free (ACSDX): Fund Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research View Comments
3 Invesco Mutual Funds to Buy for Outstanding Returns
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research.
Start Your Free Trial Now!Not sure where to invest today?
Kalkine’s latest research highlights three companies identified through in-depth analysis and market insights.
Explore these research reports to learn about companies currently being tracked by our analysts and make more informed investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...