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Trending ETFs

INVESCO AMERICAN FRANCHISE FUND

mutual fund
VAFIX
Payout Change
Suspended
Price as of:
$32.94 -0.19 -0.57%
primary theme
U.S. Large-Cap Growth Equity
share class
R6 (VAFFX) Y (VAFIX) A (VAFAX) R (VAFRX) C (VAFCX) R5 (VAFNX)
VAFIX (Mutual Fund)

INVESCO AMERICAN FRANCHISE FUND

Payout Change
Suspended
Price as of:
$32.94 -0.19 -0.57%
primary theme
U.S. Large-Cap Growth Equity
share class
R6 (VAFFX) Y (VAFIX) A (VAFAX) R (VAFRX) C (VAFCX) R5 (VAFNX)
VAFIX (Mutual Fund)

INVESCO AMERICAN FRANCHISE FUND

Payout Change
Suspended
Price as of:
$32.94 -0.19 -0.57%
primary theme
U.S. Large-Cap Growth Equity
share class
R6 (VAFFX) Y (VAFIX) A (VAFAX) R (VAFRX) C (VAFCX) R5 (VAFNX)

Name

As of 12/10/2024

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 AMERICAN FRANCHISE FUND

VAFIX | Fund

$32.94

$15 B

0.00%

0.74%

Vitals

YTD Return

38.1%

1 yr return

42.6%

3 Yr Avg Return

10.3%

5 Yr Avg Return

17.3%

Net Assets

$15 B

Holdings in Top 10

58.1%

52 WEEK LOW AND HIGH

$33.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.74%

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 12/10/2024

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 AMERICAN FRANCHISE FUND

VAFIX | Fund

$32.94

$15 B

0.00%

0.74%

VAFIX - Profile

Distributions

  • YTD Total Return 38.1%
  • 3 Yr Annualized Total Return 10.3%
  • 5 Yr Annualized Total Return 17.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    INVESCO AMERICAN FRANCHISE FUND
  • Fund Family Name
    INVESCOFDS
  • Inception Date
    Jun 23, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Erik Voss

Fund Description

The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of U.S. issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund deems an issuer to be a U.S. issuer if (i) its principal securities trading market (i.e., a U.S. stock exchange, NASDAQ or over-the-counter markets) is in the U.S.; (ii) it (alone or through its consolidated subsidiaries) derives 50% or more of its annual revenue from either goods produced, sales made or services performed in the U.S.; (iii) it is organized under the laws of, or has a principal office in, the U.S.; or (iv) its “country of risk” is the U.S. as determined by a third party service provider. The Fund invests primarily in equity securities of mid- and large-capitalization issuers. The principal type of equity security in which the Fund invests is common stock.
The Fund invests primarily in securities that are considered by the Fund’s portfolio managers to have potential for earnings or revenue growth.
The Fund may invest up to 20% of its net assets in securities of foreign issuers.
The Fund may also invest 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 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.
The Fund’s portfolio managersuse a bottom-up stock selection process designed to seek alpha (return on investments in excess of the Russell 1000® Growth Index), as well as a disciplined portfolio construction process designed to manage risk. The portfolio managers use a holistic approach that closely examines company fundamentals, including detailed modeling of a company’s financial statements and discussions with company management teams, suppliers, distributors, competitors, and customers. The portfolio managers use a variety of valuation techniques based on the company in question, the industry in which the company operates, the stage of the company’s business cycle, and other factors that best reflect a company’s value. The portfolio managers seek to invest in companies with attractive growth outlooks at compelling valuation levels.
The portfolio managers consider whether to sell a particular security when a company is deemed to be overvalued, a company’s fundamentals deteriorate, the catalysts for growth are no longer present or reflected in the stock price or if the company is displaced by a more attractive investment opportunity.
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VAFIX - Performance

Return Ranking - Trailing

Period VAFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 38.1% 0.0% 60.1% 18.45%
1 Yr 42.6% 3.4% 82.4% 17.82%
3 Yr 10.3%* -20.7% 35.7% 19.68%
5 Yr 17.3%* -12.6% 30.6% 38.15%
10 Yr 13.1%* -4.3% 21.2% 49.36%

* Annualized

Return Ranking - Calendar

Period VAFIX Return Category Return Low Category Return High Rank in Category (%)
2023 41.3% -74.1% 72.4% 22.45%
2022 -36.0% -85.9% 4.7% 60.80%
2021 -11.1% -52.4% 60.5% 89.52%
2020 31.1% -34.3% 145.0% 34.53%
2019 28.1% -6.9% 49.4% 32.21%

Total Return Ranking - Trailing

Period VAFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 38.1% 0.0% 60.1% 18.45%
1 Yr 42.6% 3.4% 82.4% 17.82%
3 Yr 10.3%* -20.7% 35.7% 19.68%
5 Yr 17.3%* -12.6% 30.6% 38.15%
10 Yr 13.1%* -4.3% 21.2% 49.36%

* Annualized

Total Return Ranking - Calendar

Period VAFIX Return Category Return Low Category Return High Rank in Category (%)
2023 41.3% -4.6% 72.4% 33.94%
2022 -31.0% -61.7% 5.6% 53.10%
2021 12.2% -39.8% 118.1% 85.13%
2020 42.6% 2.8% 149.2% 26.38%
2019 36.8% -5.2% 49.4% 16.21%

NAV & Total Return History

VAFIX - Holdings

Concentration Analysis

VAFIX Category Low Category High VAFIX % Rank
Net Assets 15 B 296 K 287 B 17.68%
Number of Holdings 55 2 3061 58.53%
Net Assets in Top 10 9.17 B 126 K 150 B 16.06%
Weighting of Top 10 58.15% 0.7% 205.0% 30.30%

Top 10 Holdings

  1. NVIDIA Corp. 10.90%
  2. Microsoft Corp. 9.57%
  3. Apple Inc. 9.35%
  4. Amazon.com, Inc. 7.22%
  5. Alphabet Inc., Class A 4.72%
  6. Meta Platforms, Inc., Class A 4.64%
  7. Eli Lilly and Co. 3.24%
  8. Broadcom Inc. 3.20%
  9. KKR Co. Inc., Class A 2.86%
  10. Intuitive Surgical, Inc. 2.44%

Asset Allocation

Weighting Return Low Return High VAFIX % Rank
Stocks 		99.61% 0.00% 123.52% 23.59%
Cash 		1.35% 0.00% 173.52% 40.29%
Preferred Stocks 		0.00% 0.00% 8.45% 51.09%
Other 		0.00% -36.56% 50.35% 56.62%
Convertible Bonds 		0.00% 0.00% 1.94% 44.00%
Bonds 		0.00% 0.00% 102.71% 45.19%

Stock Sector Breakdown

Weighting Return Low Return High VAFIX % Rank
Technology 		35.51% 0.00% 65.70% 50.27%
Consumer Cyclical 		15.43% 0.00% 62.57% 53.09%
Healthcare 		13.47% 0.00% 39.76% 41.36%
Communication Services 		10.73% 0.00% 66.40% 46.18%
Industrials 		7.82% 0.00% 30.65% 24.73%
Financial Services 		7.67% 0.00% 43.06% 63.27%
Energy 		4.29% 0.00% 41.09% 12.55%
Basic Materials 		2.68% 0.00% 18.91% 20.82%
Consumer Defense 		1.24% 0.00% 25.50% 79.82%
Real Estate 		1.15% 0.00% 16.05% 49.36%
Utilities 		0.00% 0.00% 16.07% 61.18%

Stock Geographic Breakdown

Weighting Return Low Return High VAFIX % Rank
US 		99.12% 0.00% 123.52% 31.94%
Non US 		0.49% 0.00% 75.46% 28.49%

VAFIX - Expenses

Operational Fees

VAFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.01% 28.71% 69.49%
Management Fee 0.58% 0.00% 1.50% 43.33%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

VAFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VAFIX 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.

VAFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 316.74% 58.99%

VAFIX - Distributions

Dividend Yield Analysis

VAFIX Category Low Category High VAFIX % Rank
Dividend Yield 0.00% 0.00% 27.58% 69.21%

Dividend Distribution Analysis

VAFIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

VAFIX Category Low Category High VAFIX % Rank
Net Income Ratio -0.22% -6.13% 3.48% 41.09%

Capital Gain Distribution Analysis

VAFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

VAFIX - Fund Manager Analysis

Managers

Erik Voss

Start Date

Tenure

Tenure Rank

Jun 25, 2010

11.94

11.9%

Erik Voss is a portfolio manager and has been associated with Invesco and/or its affiliates since 2010. Prior to joining Invesco, Mr. Voss was a portfolio manager with J&W Seligman Investments focusing on growth equity portfolios. As leader of the Seligman Growth team, he managed eight sector analysts and implemented a process he has developed over his career. Previously, Mr. Voss worked on teams at both Conseco Capital and Wells Capital Management, where at the latter he managed two large-cap growth portfolios. Before Wells Capital, he was an analyst for Gardner Lewis Asset Management, where he researched and invested in stocks of all market capitalizations and across multiple industries. Mr. Voss earned a Bachelor of Science degree in mathematics and a Master of Science degree in finance, both from the University of Wisconsin, where he was also a member of the Applied Securities Program. He is a CFA charterholder.

Ido Cohen

Start Date

Tenure

Tenure Rank

Jun 28, 2010

11.93

11.9%

Ido Cohen is a portfolio manger for Invesco large-cap growth equity strategies and is lead manager for Invesco leisure products. He has been associated with Invesco and/or its affiliates since 2010. Prior to joining Invesco, he was a vice president at J&W Seligman Investments from 2007 to 2010, where he worked as a senior analyst focusing on information technology, media and telecommunications equities. Mr. Cohen began his investment career in 1997 as a high yield research analyst with Banker’s Trust focusing on the telecommunications industry. In 1999 he joined Credit Suisse’s U.S. equities telecommunications research team; he went on to become a senior analyst and co-head of the team in 2004. In 2006, Mr. Cohen joined a technology, media and telecommunications focused investment team at Diamondback Capital, and then in 2007 he joined J&W Seligman’s growth team. Mr. Cohen is a cum laude graduate of The Wharton School of the University of Pennsylvania with a Bachelor of Science degree in economics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.25 3.08

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