Investment objective & strategy
As of Feb. 1, 2024 · prospectusObjective. The Fund seeks a high total return.
Strategy. Principal Investment Strategies The Fund invests primarily in common stocks of U.S. companies of different capitalization ranges. The Funds subadviser, Invesco Advisers, Inc. (Invesco Advisers), currently focuses on large capitalization issuers, which are considered to be companies with market capitalizations at the time of purchase within the market capitalization range of companies included within the Russell 1000 Index (as of December 31, 2023, $270.19 million to $2.99 trillion), although it may purchase stocks of companies with any market capitalization. The Fund typically invests most of its assets in equity securities of U.S. companies, but may invest in foreign securities. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stock, rights, and warrants. The Fund generally … Principal Investment Strategies The Fund invests primarily in common stocks of U.S. companies of different capitalization ranges. The Funds subadviser, Invesco Advisers, Inc. (Invesco Advisers), currently focuses on large capitalization issuers, which are considered to be companies with market capitalizations at the time of purchase within the market capitalization range of companies included within the Russell 1000 Index (as of December 31, 2023, $270.19 million to $2.99 trillion), although it may purchase stocks of companies with any market capitalization. The Fund typically invests most of its assets in equity securities of U.S. companies, but may invest in foreign securities. Equity securities may include common stocks, preferred stocks, securities convertible into common or preferred stock, rights, and warrants. The Fund generally will not invest more than 10% of its total assets in foreign securities. The Fund may at times have significant exposure to one or more industries or sectors. The Fund may hold a portion of its assets in cash or cash equivalents. Invesco Advisers uses fundamental research to select securities for the Funds portfolio, which is comprised of both growth and value stocks. While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a companys financial performance, company strength and prospects, industry position, and business model and management strength. Industry outlook, market trends, and general economic conditions may also be considered. Invesco Advisers aims to maintain a broadly diversified portfolio across major economic sectors by applying investment parameters for both sector and position size. Invesco Advisers uses the following sell criteria: the stock price is approaching its target, deterioration in the companys competitive position, poor execution by the companys management, or identification of more attractive alternative investment ideas.
Top holdings
As of June 30, 2024 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| MICROSOFT CORP | — | $5.78M | 8.39% |
| NVIDIA CORP | — | $5.17M | 7.50% |
| APPLE INC | — | $3.80M | 5.52% |
| ALPHABET INC CL A | — | $3.33M | 4.84% |
| AMAZON.COM INC | — | $2.96M | 4.30% |
| META PLATFORMS INC CL A | — | $2.00M | 2.90% |
| EXXON MOBIL CORP | — | $1.85M | 2.69% |
| JPMORGAN CHASE and CO | — | $1.76M | 2.55% |
| PHILIP MORRIS INTL INC | — | $1.70M | 2.47% |
| UNITEDHEALTH GRP | — | $1.63M | 2.37% |
Portfolio moves
Mar 31, 2024 → Jun 30, 2024How 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.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Fidelity Hedged Equity Central Fund | 44% | — |
| MM Equity Asset Fund | 43% | 0.28% |
| Guggenheim RBP Large-Cap Defensive Fund | 42% | 0.92% |
Footnotes
- Net assets and holdings count as of June 30, 2024, from the fund's N-PORT filing.
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