ASMYX
Invesco Summit Fund
AIM Equity Funds (Invesco Equity Funds)
Expense ratio1
0.72%
Net assets2
$3.51B
Holdings2
65
Category
US Equity
2025 return3
10.94%

Investment objective & strategy

As of Feb. 27, 2026 · prospectus

Objective. The Funds investment objective is long-term growth of capital.

Strategy. The Fund invests primarily in equity securities of issuers of all market capitalizations that are considered by the Funds portfolio managers to have potential for earnings or revenue growth. The principal type of equity securities in which the Fund invests is common stock. The Fund currently focuses on larger capitalization issuers. The Fund does not invest in companies whose primary business involves alcohol, tobacco or gambling. The Fund may invest up to 25% of its net assets in foreign securities, including up to 10% of its net assets in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles. The Fund seeks to invest in companies with strong or improving fundamentals, attractive valuation relative … The Fund invests primarily in equity securities of issuers of all market capitalizations that are considered by the Funds portfolio managers to have potential for earnings or revenue growth. The principal type of equity securities in which the Fund invests is common stock. The Fund currently focuses on larger capitalization issuers. The Fund does not invest in companies whose primary business involves alcohol, tobacco or gambling. The Fund may invest up to 25% of its net assets in foreign securities, including up to 10% of its net assets in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles. The Fund seeks to invest in companies with strong or improving fundamentals, attractive valuation relative to their growth prospects, and earnings expectations that appear fair to conservative. The Funds portfolio managers focus on securities of issuers exhibiting long-term, sustainable earnings and cash flow growth that they believe are not yet reflected in investor expectations or equity valuations. To narrow the investment universe, the Funds portfolio managers use a holistic approach that emphasizes fundamental research and, to a lesser extent, includes quantitative analysis. The portfolio managers closely examine company fundamentals, including detailed modeling of a companys financial statements and discussions with company management teams, suppliers, distributors, competitors and customers, and use a variety of valuation techniques based on the company in question, the industry in which the company operates, the stage of the business cycle, and other factors that reflect a companys value. The portfolio managers consider selling a security when a company is deemed to be overvalued, if fundamental business prospects deteriorate, the catalysts for growth are no longer present or reflected in the stock price, or a company otherwise no longer meets the criteria and factors discussed above. The Fund is non-diversified, which means it can invest a greater percentage of its assets in a small group of issuers or any one issuer than a diversified fund can.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $466.42M 13.31%
ALPHABET INC CL C $277.20M 7.91%
AMAZON.COM INC $258.42M 7.37%
MICROSOFT CORP $222.32M 6.34%
BROADCOM INC $186.06M 5.31%
META PLATFORMS INC CL A $179.35M 5.12%
APPLE INC $149.87M 4.28%
TESLA INC $117.72M 3.36%
TAIWAN SEMIC MFG CO LTD SP ADR $94.92M 2.71%
APPLOVIN CORP $85.67M 2.44%
View all holdings →

Allocation by sector

As of January 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
8
Exited
10
Increased
21
Decreased
29
Unchanged
7

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Invesco American Franchise Fund · VAFAX, VAFCX, VAFIX, VAFRX, VAFNX, VAFFX 64% 0.61%
Franklin Focused Growth ETF 60% 0.55%
Invesco Discovery Large Cap Fund 59% 0.63%
View all similar funds →

Advisers

As of October 31, 2025 · N-CEN
FirmRole
Invesco Advisers, Inc. Adviser
Invesco Senior Secured Management, Inc. Sub-adviser
Invesco Asset Management (Japan) Ltd. Sub-adviser
Invesco Hong Kong Ltd. Sub-adviser
Invesco Asset Management Ltd. Sub-adviser
Invesco Canada Ltd. Sub-adviser
Invesco Management S.A. Sub-adviser

Footnotes

  1. Expense ratio as of February 27, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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