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Invesco Exchange Fund
mutual fund
ACEHX
Payout Change
Pending
Price as of:
$3.92
+0.0
+0.0%
primary theme
U.S. Large-Cap Value Equity
share class
ACEHX (Mutual Fund)
Invesco Exchange Fund
Payout Change
Pending
Price as of:
$3.92
+0.0
+0.0%
primary theme
U.S. Large-Cap Value Equity
share class
ACEHX (Mutual Fund)
Invesco Exchange Fund
Payout Change
Pending
Price as of:
$3.92
+0.0
+0.0%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-1.6%
1 yr return
2.4%
3 Yr Avg Return
1.4%
5 Yr Avg Return
2.9%
Net Assets
$126 K
Holdings in Top 10
80.1%
52 WEEK LOW AND HIGH
$3.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.49%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ACEHX - Profile
Distributions
- YTD Total Return -1.6%
- 3 Yr Annualized Total Return 1.4%
- 5 Yr Annualized Total Return 2.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.78%
- Dividend Yield 255.1%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameInvesco Exchange Fund
-
Fund Family NameINVESCOFDS
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGlen Murphy
Fund Description
ACEHX - Performance
Return Ranking - Trailing
| Period | ACEHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.6% | -10.0% | 41.5% | 99.91% |
| 1 Yr | 2.4% | 0.2% | 56.7% | 99.91% |
| 3 Yr | 1.4%* | -3.5% | 31.5% | 99.06% |
| 5 Yr | 2.9%* | 0.1% | 45.8% | 99.70% |
| 10 Yr | 4.6%* | 1.5% | 25.1% | 98.83% |
* Annualized
Return Ranking - Calendar
| Period | ACEHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -3.6% | -16.9% | 46.1% | 93.36% |
| 2022 | -1.6% | -64.7% | 4.6% | 2.99% |
| 2021 | 14.0% | -44.2% | 57.5% | 61.02% |
| 2020 | -4.4% | -23.2% | 285.0% | 82.05% |
| 2019 | 16.9% | -21.4% | 48.5% | 68.12% |
Total Return Ranking - Trailing
| Period | ACEHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.6% | -10.0% | 41.5% | 99.91% |
| 1 Yr | 2.4% | 0.2% | 56.7% | 99.91% |
| 3 Yr | 1.4%* | -3.5% | 31.5% | 99.06% |
| 5 Yr | 2.9%* | 0.1% | 45.8% | 99.70% |
| 10 Yr | 4.6%* | 1.5% | 25.1% | 98.83% |
* Annualized
Total Return Ranking - Calendar
| Period | ACEHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.2% | -15.9% | 46.7% | 98.53% |
| 2022 | 1.9% | -42.0% | 8.5% | 4.21% |
| 2021 | 16.2% | 3.6% | 129.7% | 97.79% |
| 2020 | -1.8% | -22.6% | 304.8% | 86.98% |
| 2019 | 22.5% | -12.7% | 52.1% | 82.64% |
NAV & Total Return History
ACEHX - Holdings
Concentration Analysis
| ACEHX | Category Low | Category High | ACEHX % Rank | |
|---|---|---|---|---|
| Net Assets | 126 K | 126 K | 163 B | 100.00% |
| Number of Holdings | 32 | 2 | 1727 | 93.66% |
| Net Assets in Top 10 | 18.2 M | 433 K | 37.8 B | 88.97% |
| Weighting of Top 10 | 80.08% | 4.4% | 99.1% | 0.92% |
Top 10 Holdings
- Air Products and Chemicals, Inc. 15.68%
- McCormick Co., Inc. 14.52%
- Hess Corp. 9.57%
- Merck Co., Inc. 8.23%
- Intel Corp. 7.96%
- International Flavors Fragrances Inc. 6.35%
- Exxon Mobil Corp. 5.38%
- Johnson Johnson 5.32%
- Honeywell International Inc. 3.59%
- International Business Machines Corp. 3.49%
Asset Allocation
| Weighting | Return Low | Return High | ACEHX % Rank | |
|---|---|---|---|---|
| Stocks | 99.74% | 7.19% | 103.40% | 11.21% |
| Cash | 0.26% | 0.00% | 36.15% | 83.73% |
| Preferred Stocks | 0.00% | 0.00% | 15.27% | 61.31% |
| Other | 0.00% | -2.59% | 36.68% | 68.84% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 59.74% |
| Bonds | 0.00% | 0.00% | 78.06% | 61.12% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ACEHX % Rank | |
|---|---|---|---|---|
| Basic Materials | 21.69% | 0.00% | 21.69% | 0.09% |
| Consumer Defense | 20.00% | 0.00% | 34.10% | 2.04% |
| Healthcare | 19.21% | 0.00% | 30.08% | 28.39% |
| Energy | 18.11% | 0.00% | 54.00% | 2.32% |
| Technology | 13.52% | 0.00% | 54.02% | 27.37% |
| Industrials | 4.79% | 0.00% | 42.76% | 95.36% |
| Real Estate | 2.20% | 0.00% | 90.54% | 58.81% |
| Financial Services | 0.47% | 0.00% | 58.05% | 99.72% |
| Utilities | 0.00% | 0.00% | 27.04% | 94.53% |
| Communication Services | 0.00% | 0.00% | 26.58% | 98.98% |
| Consumer Cyclical | 0.00% | 0.00% | 22.74% | 99.35% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ACEHX % Rank | |
|---|---|---|---|---|
| US | 99.74% | 7.19% | 103.40% | 10.39% |
| Non US | 0.00% | 0.00% | 24.08% | 71.23% |
ACEHX - Expenses
Operational Fees
| ACEHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.49% | 0.03% | 14.82% | 88.19% |
| Management Fee | 0.30% | 0.00% | 1.50% | 9.68% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| ACEHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| ACEHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| ACEHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 488.00% | 0.46% |
ACEHX - Distributions
Dividend Yield Analysis
| ACEHX | Category Low | Category High | ACEHX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 255.10% | 0.00% | 16.67% | 50.78% |
Dividend Distribution Analysis
| ACEHX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Monthly | Annual |
Net Income Ratio Analysis
| ACEHX | Category Low | Category High | ACEHX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.78% | -1.51% | 4.28% | 26.06% |
Capital Gain Distribution Analysis
| ACEHX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 03, 2024 | $662.686 | CapitalGainLongTerm |
| Sep 26, 2024 | $2.500 | OrdinaryDividend |
| Jun 27, 2024 | $2.500 | OrdinaryDividend |
| Mar 28, 2024 | $2.500 | OrdinaryDividend |
| Dec 15, 2023 | $5.930 | OrdinaryDividend |
| Dec 15, 2023 | $1.309 | CapitalGainLongTerm |
| Dec 13, 2023 | $7.238 | OrdinaryDividend |
| Sep 28, 2023 | $3.250 | OrdinaryDividend |
| Jun 22, 2023 | $3.250 | OrdinaryDividend |
| Mar 23, 2023 | $2.250 | OrdinaryDividend |
| Dec 14, 2022 | $16.096 | OrdinaryDividend |
| Sep 22, 2022 | $3.500 | OrdinaryDividend |
| Jun 23, 2022 | $2.250 | OrdinaryDividend |
| Mar 24, 2022 | $2.250 | OrdinaryDividend |
| Dec 14, 2021 | $5.937 | OrdinaryDividend |
| Sep 23, 2021 | $2.250 | OrdinaryDividend |
| Jun 24, 2021 | $2.250 | OrdinaryDividend |
| Mar 25, 2021 | $2.250 | OrdinaryDividend |
| Dec 11, 2020 | $7.897 | OrdinaryDividend |
| Sep 17, 2020 | $2.250 | OrdinaryDividend |
| Jun 18, 2020 | $2.250 | OrdinaryDividend |
| Mar 19, 2020 | $2.750 | OrdinaryDividend |
| Dec 13, 2019 | $4.967 | OrdinaryDividend |
| Dec 13, 2019 | $16.329 | CapitalGainLongTerm |
| Sep 19, 2019 | $3.681 | OrdinaryDividend |
| Jun 20, 2019 | $2.250 | OrdinaryDividend |
| Mar 21, 2019 | $2.250 | OrdinaryDividend |
| Dec 14, 2018 | $3.760 | OrdinaryDividend |
| Dec 14, 2018 | $0.602 | CapitalGainLongTerm |
| Sep 13, 2018 | $2.250 | OrdinaryDividend |
| Jun 21, 2018 | $2.250 | OrdinaryDividend |
| Mar 22, 2018 | $2.250 | OrdinaryDividend |
| Dec 13, 2017 | $5.828 | OrdinaryDividend |
| Dec 13, 2017 | $0.235 | CapitalGainLongTerm |
| Sep 14, 2017 | $2.250 | OrdinaryDividend |
| Jun 15, 2017 | $2.250 | OrdinaryDividend |
| Mar 16, 2017 | $2.250 | OrdinaryDividend |
| Dec 13, 2016 | $3.155 | OrdinaryDividend |
| Dec 13, 2016 | $4.112 | CapitalGainLongTerm |
| Sep 15, 2016 | $2.250 | OrdinaryDividend |
| Jun 16, 2016 | $2.250 | OrdinaryDividend |
| Mar 17, 2016 | $2.250 | OrdinaryDividend |
| Sep 24, 2015 | $75.053 | OrdinaryDividend |
| Jun 18, 2015 | $2.000 | OrdinaryDividend |
| Mar 19, 2015 | $2.000 | OrdinaryDividend |
| Dec 12, 2014 | $1.500 | OrdinaryDividend |
| Sep 18, 2014 | $1.250 | OrdinaryDividend |
| Jun 19, 2014 | $1.250 | OrdinaryDividend |
| Jun 19, 2014 | $0.110 | CapitalGainLongTerm |
| Mar 20, 2014 | $1.250 | OrdinaryDividend |
| Dec 13, 2013 | $1.250 | OrdinaryDividend |
| Sep 19, 2013 | $2.166 | OrdinaryDividend |
| Sep 19, 2013 | $0.916 | CapitalGainLongTerm |
| Jun 20, 2013 | $1.250 | OrdinaryDividend |
| Mar 21, 2013 | $1.250 | OrdinaryDividend |
| Dec 07, 2012 | $1.250 | OrdinaryDividend |
| Sep 20, 2012 | $1.250 | OrdinaryDividend |
| Jun 14, 2012 | $1.250 | OrdinaryDividend |
| Mar 15, 2012 | $1.250 | OrdinaryDividend |
| Dec 09, 2011 | $35.571 | CapitalGainLongTerm |
| Oct 20, 2011 | $1.250 | OrdinaryDividend |
| Jul 21, 2011 | $1.250 | OrdinaryDividend |
| Apr 21, 2011 | $1.250 | OrdinaryDividend |
| Feb 17, 2011 | $0.100 | CapitalGainLongTerm |
| Jan 20, 2011 | $1.250 | OrdinaryDividend |
| Nov 01, 2010 | $1.250 | OrdinaryDividend |
| Aug 03, 2010 | $2.000 | OrdinaryDividend |
ACEHX - Fund Manager Analysis
Managers
Glen Murphy
Start Date
Tenure
Tenure Rank
Jun 25, 2010
11.94
11.9%
Glen Murphy is a portfolio manager with the Global Quantitative Equity team. Mr. Murphy joined Invesco in 1995 as a portfolio administrator and became a portfolio manager in 1998. Prior to joining Invesco, he was a manager in the fund accounting department at The Boston Company. Mr. Murphy earned a Bachelor of Arts degree in business administration from the University of Massachusetts at Amherst and a Master of Science degree in finance from Boston College. He is a CFA charter holder and a member of the Boston Security Analysts Society. He is also registered with the National Futures Association (NFA) as an associated person of Invesco and as a branch manager.
Anthony Munchak
Start Date
Tenure
Tenure Rank
Jun 25, 2010
11.94
11.9%
Anthony Munchak is a portfolio manager with the Global Quantitative Equity team. Prior to joining Invesco in 2000, Mr. Munchak was a portfolio manager at Guaranty Capital Corp. for two years. He also held a number of finance roles in his five years at Fidelity Investments. Prior to Fidelity, he was a registered representative at the investment banking firm of Fechtor, Detwiler & Co. in Boston. Mr. Munchak earned Bachelor of Science and Master of Science degrees in finance from Boston College. He also earned a Master of Business Administration degree from Bentley College. Mr. Munchak is a CFA charterholder and a member of the Boston Security Analysts Society.
Francis Orlando
Start Date
Tenure
Tenure Rank
Jun 25, 2010
11.94
11.9%
Francis Orlando is a portfolio manager with the Global Quantitative Equity team. Mr. Orlando began his investment career with Invesco in 1987. Prior to joining the Global Quantitative Equity team in 2001, he was a portfolio manager with the fixed income group. Mr. Orlando earned a Bachelor of Arts degree in business administration from Merrimack College and a Master of Business Administration degree from Boston University. He is a CFA charterholder and a member of the Boston Security Analysts Society.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.09 | 0.25 |
