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Trending ETFs

INVESCO Small Cap Equity Fund

mutual fund
SMEIX
Payout Change
Pending
Price as of:
$17.98 +0.01 +0.06%
primary theme
U.S. Small-Cap Blend Equity
share class
R (SMERX) Y (SMEYX) R5 (SMEIX) A (SMEAX) C (SMECX) R6 (SMEFX)
SMEIX (Mutual Fund)

INVESCO Small Cap Equity Fund

Payout Change
Pending
Price as of:
$17.98 +0.01 +0.06%
primary theme
U.S. Small-Cap Blend Equity
share class
R (SMERX) Y (SMEYX) R5 (SMEIX) A (SMEAX) C (SMECX) R6 (SMEFX)
SMEIX (Mutual Fund)

INVESCO Small Cap Equity Fund

Payout Change
Pending
Price as of:
$17.98 +0.01 +0.06%
primary theme
U.S. Small-Cap Blend Equity
share class
R (SMERX) Y (SMEYX) R5 (SMEIX) A (SMEAX) C (SMECX) R6 (SMEFX)

Name

As of 12/23/2024

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 Small Cap Equity Fund

SMEIX | Fund

$17.98

$907 M

0.00%

0.89%

Vitals

YTD Return

18.9%

1 yr return

18.4%

3 Yr Avg Return

3.8%

5 Yr Avg Return

11.1%

Net Assets

$907 M

Holdings in Top 10

25.0%

52 WEEK LOW AND HIGH

$18.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.89%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 22.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/23/2024

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 Small Cap Equity Fund

SMEIX | Fund

$17.98

$907 M

0.00%

0.89%

SMEIX - Profile

Distributions

  • YTD Total Return 18.9%
  • 3 Yr Annualized Total Return 3.8%
  • 5 Yr Annualized Total Return 11.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    INVESCO Small Cap Equity Fund
  • Fund Family Name
    INVESCOFDS
  • Inception Date
    Apr 29, 2005
  • Shares Outstanding
    N/A
  • Share Class
    R5
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Juan Hartsfield

Fund Description

The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small-capitalization issuers. The principal type of equity securities in which the Fund invests is common stock.
The Fund considers an issuer to be a small-capitalization issuer if it has a market capitalization, at the time of purchase, no larger than the market capitalization of the largest capitalized issuer included in the Russell 2000®Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. An issuer’s “market capitalization” is the value of its outstanding stock.
The Fund may invest up to 15% of its net assets in real estate investment trusts (REITs).
The Fund may also invest up to 25% of its net assets in foreign securities.
In selecting investments, the portfolio managers utilize a disciplined portfolio construction process that calibrates the Fund’s sector-related exposure relative to the Russell 2000® Index, which the portfolio managers believe generally represents the small-cap core asset class. The Fund uses this index as a guide in structuring and reviewing the portfolio, but the Fund is not an index fund that seeks to replicate the performance of the index. The security selection process is based on a three-step process that includes fundamental, valuation and timeliness analysis.
■ 
Fundamental analysis involves building a series of financial models, as well as conducting in-depth interviews with management. The goal is to find high quality, fundamentally sound issuers operating in an attractive industry.
■ 
Valuation analysis focuses on identifying attractively valued securities given their growth potential over a one- to two-year horizon.
■ 
Timeliness analysis is used to help identify the “timeliness” of a purchase. In this step, relative price strength, trading volume characteristics, and trend analysis are reviewed for signs of deterioration. If a security shows signs of deterioration, it will not be considered as a candidate for the portfolio.
The portfolio managers consider selling a security if the investment thesis for owning the security is no longer valid, the stock reaches its price target or timeliness factors indicate that the risk/return characteristics of the stock as viewed in the market are no longer attractive.
Read More

SMEIX - Performance

Return Ranking - Trailing

Period SMEIX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.9% -7.8% 33.6% 7.43%
1 Yr 18.4% -7.9% 32.6% 8.57%
3 Yr 3.8%* -13.3% 40.5% 33.14%
5 Yr 11.1%* -13.3% 31.2% 7.83%
10 Yr 7.3%* -3.4% 12.6% 63.08%

* Annualized

Return Ranking - Calendar

Period SMEIX Return Category Return Low Category Return High Rank in Category (%)
2023 16.0% -19.9% 29.0% 29.06%
2022 -22.2% -59.3% 118.2% 67.12%
2021 3.0% -31.6% 39.3% 74.02%
2020 21.0% -51.0% 39.5% 3.61%
2019 15.2% -5.6% 37.8% 82.22%

Total Return Ranking - Trailing

Period SMEIX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.9% -7.8% 33.6% 7.43%
1 Yr 18.4% -7.9% 32.6% 8.57%
3 Yr 3.8%* -13.3% 40.5% 33.14%
5 Yr 11.1%* -13.3% 31.2% 7.83%
10 Yr 7.3%* -3.4% 12.6% 63.08%

* Annualized

Total Return Ranking - Calendar

Period SMEIX Return Category Return Low Category Return High Rank in Category (%)
2023 16.4% -11.7% 31.8% 48.95%
2022 -20.3% -45.2% 123.7% 81.15%
2021 20.4% 0.0% 45.6% 67.38%
2020 28.0% -50.5% 46.9% 2.00%
2019 25.6% 2.2% 40.9% 39.12%

NAV & Total Return History

SMEIX - Holdings

Concentration Analysis

SMEIX Category Low Category High SMEIX % Rank
Net Assets 907 M 555 K 167 B 37.83%
Number of Holdings 94 2 2445 71.48%
Net Assets in Top 10 245 M 124 K 10.3 B 25.86%
Weighting of Top 10 25.04% 3.1% 100.1% 26.34%

Top 10 Holdings

  1. Invesco Private Prime Fund 7.18%
  2. Invesco Private Government Fund 2.98%
  3. Taylor Morrison Home Corp., Class A 2.38%
  4. Sprouts Farmers Market, Inc. 2.12%
  5. Piper Sandler Cos. 1.94%
  6. ITT Inc. 1.80%
  7. Applied Industrial Technologies, Inc. 1.76%
  8. CareDx, Inc. 1.68%
  9. Q2 Holdings, Inc. 1.62%
  10. Bancorp, Inc. (The) 1.57%

Asset Allocation

Weighting Return Low Return High SMEIX % Rank
Stocks 		99.19% 4.44% 105.73% 29.09%
Cash 		10.90% 0.00% 27.02% 6.27%
Preferred Stocks 		0.00% 0.00% 5.13% 46.77%
Other 		0.00% -0.07% 50.79% 64.83%
Convertible Bonds 		0.00% 0.00% 3.17% 46.67%
Bonds 		0.00% 0.00% 102.81% 49.81%

Stock Sector Breakdown

Weighting Return Low Return High SMEIX % Rank
Industrials 		18.56% 2.46% 37.42% 33.46%
Financial Services 		18.12% 0.00% 35.52% 22.69%
Technology 		15.13% 0.00% 43.95% 35.19%
Healthcare 		14.51% 0.00% 26.53% 41.54%
Consumer Cyclical 		12.23% 0.99% 47.79% 30.19%
Basic Materials 		9.33% 0.00% 18.66% 5.19%
Real Estate 		5.00% 0.00% 29.43% 73.65%
Energy 		3.77% 0.00% 37.72% 79.04%
Consumer Defense 		1.37% 0.00% 18.87% 94.04%
Utilities 		1.06% 0.00% 18.58% 81.73%
Communication Services 		0.92% 0.00% 14.85% 88.85%

Stock Geographic Breakdown

Weighting Return Low Return High SMEIX % Rank
US 		97.70% 2.58% 105.73% 58.17%
Non US 		1.49% 0.00% 97.07% 7.98%

SMEIX - Expenses

Operational Fees

SMEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.01% 38.30% 65.84%
Management Fee 0.73% 0.00% 1.50% 48.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

SMEIX 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

SMEIX 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.

SMEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 1.00% 314.00% 17.88%

SMEIX - Distributions

Dividend Yield Analysis

SMEIX Category Low Category High SMEIX % Rank
Dividend Yield 0.00% 0.00% 42.47% 89.73%

Dividend Distribution Analysis

SMEIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

SMEIX Category Low Category High SMEIX % Rank
Net Income Ratio 0.15% -2.40% 2.49% 52.31%

Capital Gain Distribution Analysis

SMEIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

SMEIX - Fund Manager Analysis

Managers

Juan Hartsfield

Start Date

Tenure

Tenure Rank

May 01, 2006

16.09

16.1%

Juan Hartsfield is a portfolio manager for Invesco small-cap core and small-cap growth products, as well as the Invesco leisure products. Prior to joining Invesco in 2004, Mr. Hartsfield was a portfolio manager with JPMorgan Fleming Asset Mgmt. on various small-cap portfolios. Prior to joining JPMorgan, Mr. Hartsfield served as an associate with Booz Allen & Hamilton. Mr. Hartsfield earned a Bachelor of Science degree in petroleum engineering from The University of Texas at Austin and a Master of Business Administration degree from the University of Michigan. He is a CFA charterholder.

Davis Paddock

Start Date

Tenure

Tenure Rank

Apr 29, 2016

6.09

6.1%

Davis Paddock is a Portfolio Manager for Invesco Small Cap Equity Fund. Mr. Paddock has covered the Industrials and Basic Materials sectors for the Invesco Small Cap Team since 2005. Prior to joining Invesco in 2001, he was an investment banking financial analyst for Merrill Lynch & Co. He also worked for Ocean Energy Inc. as a member of its corporate finance and investor relations department. He entered the industry in 1994. Mr. Paddock earned both his BA degree and MBA from The University of Texas at Austin. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 49.61 7.17 2.58

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