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Trending ETFs

Invesco EQV International Equity Fund

mutual fund
AIERX
Payout Change
Pending
Price as of:
$23.23 +0.01 +0.04%
primary theme
International Large-Cap Growth Equity
share class
R5 (AIEVX) R (AIERX) R6 (IGFRX) Y (AIIYX) A (AIIEX) C (AIECX)
AIERX (Mutual Fund)

Invesco EQV International Equity Fund

Payout Change
Pending
Price as of:
$23.23 +0.01 +0.04%
primary theme
International Large-Cap Growth Equity
share class
R5 (AIEVX) R (AIERX) R6 (IGFRX) Y (AIIYX) A (AIIEX) C (AIECX)
AIERX (Mutual Fund)

Invesco EQV International Equity Fund

Payout Change
Pending
Price as of:
$23.23 +0.01 +0.04%
primary theme
International Large-Cap Growth Equity
share class
R5 (AIEVX) R (AIERX) R6 (IGFRX) Y (AIIYX) A (AIIEX) C (AIECX)

Name

As of 12/09/2024

Price

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

Invesco EQV International Equity Fund

AIERX | Fund

$23.23

$2.86 B

0.45%

$0.10

1.52%

Vitals

YTD Return

4.3%

1 yr return

9.4%

3 Yr Avg Return

0.2%

5 Yr Avg Return

3.9%

Net Assets

$2.86 B

Holdings in Top 10

26.1%

52 WEEK LOW AND HIGH

$23.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.52%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/09/2024

Price

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

Invesco EQV International Equity Fund

AIERX | Fund

$23.23

$2.86 B

0.45%

$0.10

1.52%

AIERX - Profile

Distributions

  • YTD Total Return 4.3%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.11%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Invesco EQV International Equity Fund
  • Fund Family Name
    INVESCOFDS
  • Inception Date
    Jun 03, 2002
  • Shares Outstanding
    N/A
  • Share Class
    R
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Clas Olsson

Fund Description

The Fund invests, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in equity securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund invests primarily in equity securities (including depositary receipts) of foreign issuers. The principal types of equity securities in which the Fund invests are common and preferred stock. The Fund’s common stock investments also include China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange).
Under normal circumstances, the Fund will provide exposure to investments that are economically tied to at least three different countries outside of the U.S. The Fund may also invest up to 1.25 times the amount of the exposure to emerging markets countries in the MSCI ACWI ex USA®Index. Emerging market countries are those that are generally in the early stages of their industrial cycles.
The Fund invests primarily in securities of issuers that are considered by the Fund’s portfolio managers to have potential for earnings or revenue growth.
The Fund invests primarily in the securities of large-capitalization issuers and may invest a significant amount of its net assets in the securities of mid-capitalization issuers.
The Fund can invest in derivative instruments, including forward foreign currency contracts and futures contracts.
The Fund can use forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated; although the Fund has not historically used these instruments.
The Fund can use futures contracts to gain exposure to the broad market in connection with managing cash balances or to hedge against downside risk.
The portfolio managers’ strategy primarily focuses on identifying issuers that they believe have a strong “EQV” profile. The portfolio managers’ EQV investment approach focuses on Earnings, demonstrated by sustainable earnings growth; Quality, demonstrated by efficient capital allocation; and Valuation, demonstrated by attractive prices.
The portfolio managers employ a disciplined investment strategy that emphasizes fundamental research. The fundamental research primarily focuses on identifying quality growth companies and is supported by quantitative analysis, portfolio construction and risk management. Investments for the portfolio are selected bottom-up on a security-by-security basis. The focus is on the strengths of individual issuers, rather than sector or country trends.
The Fund’s portfolio managers may consider selling a security for several reasons, including when (1) its price changes such that they believe it has become too expensive, (2) the original investment thesis for the company is no longer valid, or (3) a more compelling investment opportunity is identified.
As part of the Fund’s investment process to implement its investment strategy in pursuit of its investment objective, the Fund’s portfolio managers may also consider both qualitative and quantitative environmental, social and governance (“ESG”) factors they believe to be material to understand an issuer’s fundamentals, assess whether any ESG factors pose a material financial risk or opportunity to the issuer and determine whether such risks are appropriately reflected in the issuer’s valuation. This analysis may involve the use of third-party research as well as proprietary research. Consideration of ESG factors is just one component of the portfolio managers' assessment of issuers eligible for investment and not necessarily determinative to an investment decision. Therefore, the Fund’s portfolio managers may still invest in securities of issuers that may be viewed as having a high ESG risk profile. The ESG factors considered by the Fund’s portfolio managers may change over time, one or more factors may not be relevant with respect to all issuers eligible for investment and ESG considerations may not be applied to each issuer or Fund investment.
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AIERX - Performance

Return Ranking - Trailing

Period AIERX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.3% -2.3% 37.7% 88.68%
1 Yr 9.4% 2.2% 39.7% 87.11%
3 Yr 0.2%* -9.1% 8.6% 33.16%
5 Yr 3.9%* -1.7% 13.0% 84.24%
10 Yr 4.0%* 2.3% 10.0% 96.33%

* Annualized

Return Ranking - Calendar

Period AIERX Return Category Return Low Category Return High Rank in Category (%)
2023 15.5% -0.4% 28.6% 34.21%
2022 -27.5% -49.5% -15.2% 62.60%
2021 -16.6% -22.2% 19.3% 97.26%
2020 0.1% -3.7% 85.0% 98.28%
2019 15.2% -4.0% 45.1% 98.10%

Total Return Ranking - Trailing

Period AIERX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.3% -2.3% 37.7% 88.68%
1 Yr 9.4% 2.2% 39.7% 87.11%
3 Yr 0.2%* -9.1% 8.6% 33.16%
5 Yr 3.9%* -1.7% 13.0% 84.24%
10 Yr 4.0%* 2.3% 10.0% 96.33%

* Annualized

Total Return Ranking - Calendar

Period AIERX Return Category Return Low Category Return High Rank in Category (%)
2023 17.2% 1.8% 28.6% 36.84%
2022 -18.7% -44.4% -11.0% 16.18%
2021 5.3% -20.6% 20.5% 67.12%
2020 13.1% 7.6% 97.1% 97.42%
2019 27.7% 0.5% 45.3% 56.51%

NAV & Total Return History

AIERX - Holdings

Concentration Analysis

AIERX Category Low Category High AIERX % Rank
Net Assets 2.86 B 201 K 133 B 37.63%
Number of Holdings 70 4 1806 49.47%
Net Assets in Top 10 717 M 70.5 K 36.7 B 39.74%
Weighting of Top 10 26.06% 10.1% 99.9% 78.42%

Top 10 Holdings

  1. Investor AB, Class B 3.31%
  2. Taiwan Semiconductor Manufacturing Co. Ltd. 3.21%
  3. Novo Nordisk A/S, Class B 2.96%
  4. RELX PLC 2.87%
  5. CGI Inc., Class A 2.48%
  6. Icon PLC 2.47%
  7. Invesco Private Prime Fund 2.35%
  8. Broadcom Inc. 2.28%
  9. CRH PLC 2.08%
  10. Aristocrat Leisure Ltd. 2.06%

Asset Allocation

Weighting Return Low Return High AIERX % Rank
Stocks 		97.69% 86.17% 119.36% 50.00%
Cash 		5.17% 0.00% 19.02% 10.79%
Preferred Stocks 		0.00% 0.00% 10.21% 39.47%
Other 		0.00% -1.08% 3.89% 34.47%
Convertible Bonds 		0.00% 0.00% 2.45% 16.36%
Bonds 		0.00% 0.00% 0.03% 16.32%

Stock Sector Breakdown

Weighting Return Low Return High AIERX % Rank
Industrials 		17.29% 0.68% 31.28% 33.77%
Financial Services 		17.07% 0.00% 38.62% 28.50%
Technology 		16.55% 1.51% 38.21% 59.37%
Consumer Defense 		16.21% 0.00% 25.77% 11.08%
Healthcare 		11.39% 1.36% 29.58% 77.57%
Consumer Cyclical 		10.84% 0.00% 46.28% 58.58%
Basic Materials 		7.25% 0.00% 23.15% 45.38%
Communication Services 		1.80% 0.00% 41.13% 81.00%
Energy 		1.61% 0.00% 24.97% 50.13%
Utilities 		0.00% 0.00% 9.05% 56.46%
Real Estate 		0.00% 0.00% 6.64% 52.51%

Stock Geographic Breakdown

Weighting Return Low Return High AIERX % Rank
Non US 		83.95% 0.00% 100.55% 58.95%
US 		13.75% 0.00% 100.02% 36.84%

AIERX - Expenses

Operational Fees

AIERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.52% 0.01% 10.12% 22.22%
Management Fee 0.78% 0.00% 1.50% 63.16%
12b-1 Fee 0.50% 0.00% 1.00% 58.96%
Administrative Fee N/A 0.03% 0.80% N/A

Sales Fees

AIERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AIERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

AIERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 7.00% 149.00% 56.32%

AIERX - Distributions

Dividend Yield Analysis

AIERX Category Low Category High AIERX % Rank
Dividend Yield 0.45% 0.00% 12.70% 33.51%

Dividend Distribution Analysis

AIERX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

AIERX Category Low Category High AIERX % Rank
Net Income Ratio -0.11% -1.69% 3.16% 71.01%

Capital Gain Distribution Analysis

AIERX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

AIERX - Fund Manager Analysis

Managers

Clas Olsson

Start Date

Tenure

Tenure Rank

Apr 01, 1997

25.18

25.2%

Clas Olsson is CIO of Invesco’s International Growth Investment Management Unit and a senior portfolio manager with Invesco. Mr. Olsson joined Invesco in 1994 as an investment officer and international portfolio analyst and was promoted to portfolio manager in 1997. Prior to joining Invesco, he was a regional manager of Atlas Resor and a communications officer in the Royal Swedish Navy. A native of Vasteras, Sweden, Mr. Olsson became a commissioned naval officer at the Royal Swedish Naval Academy and received a bachelor’s degree in business administration from University of Texas-Austin.

Mark Jason

Start Date

Tenure

Tenure Rank

Aug 31, 2011

10.76

10.8%

Mr. Jason Began his investment career in 1998 and joined Invesco in 2001 as a senior equities analyst on the Asia Pacific/Latin America team. He assumed his current resonsibilities as portfolio manager in 2008. Beginning in 1998 prior to joining Invesco, Mr. Jason was assistant vice president at Merrill Lynch in Santiago, Chile, where he worked as a sell-side research analyst on their Latin American team. Mr. Jason earned both a Bachelor of Science degree in finance and a Bachelor of Scinece degree in real estate from California State University at Northridge. He is a CFA charterholder.

Richard Nield

Start Date

Tenure

Tenure Rank

Feb 28, 2013

9.26

9.3%

Mr. Nield entered the financial industry in 1995 and joined Invesco in 2000. Previously, he served as a senior analyst with Ontario Teacher’s Pension and with OMERS. He also spent three years as an associate investment advisor in retail sales for Canadian broker RBC Dominion Securities. He assumed his current duties in 2003. Mr. Nield earned a Bachelor of Commerce degree in finance and international businessfrom McGill University in Montreal. He is a CFA charterholder.

Brently Bates

Start Date

Tenure

Tenure Rank

Feb 28, 2013

9.26

9.3%

Brent Bates is a portfolio manager for the Invesco advisers, Inc. He was a senior analyst with the international Growth team from 2005 until he was promoted to portfolio manager in 2011. Mr. Bates joined invesco in 1996 as a mutual fund accountant. In 1998, he became an analyst on the Quantitative Analysis team. From 2002 to 2005, he served as an analyst for the Large/Multi-Cap Growth team, responsible for the energy, industrials and technology sectores. Mr. Bates earned a Bachelor of Business Administration degree from Texas A&M University. He is a CFA charter holder and CPA.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.94 7.78 20.01

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