Invesco Balanced-Risk Commodity Strategy Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.3%
1 yr return
5.6%
3 Yr Avg Return
4.0%
5 Yr Avg Return
8.2%
Net Assets
$713 M
Holdings in Top 10
97.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.27%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BRCNX - Profile
Distributions
- YTD Total Return 7.3%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 8.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.04%
- Dividend Yield 3.1%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInvesco Balanced-Risk Commodity Strategy Fund
-
Fund Family NameINVESCOFDS
-
Inception DateNov 30, 2010
-
Shares OutstandingN/A
-
Share ClassR5
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Hixon
Fund Description
BRCNX - Performance
Return Ranking - Trailing
Period | BRCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.3% | -37.6% | 34.0% | 30.47% |
1 Yr | 5.6% | -51.6% | 41.4% | 32.03% |
3 Yr | 4.0%* | -44.0% | 277.1% | 44.44% |
5 Yr | 8.2%* | -32.2% | 133.4% | 48.78% |
10 Yr | 1.9%* | -28.6% | 47.4% | 43.82% |
* Annualized
Return Ranking - Calendar
Period | BRCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -6.6% | -64.0% | 30.1% | 29.69% |
2022 | -2.0% | -40.8% | 2475.6% | 53.54% |
2021 | 2.0% | -23.3% | 106.7% | 59.52% |
2020 | 8.0% | -71.9% | 295.5% | 21.95% |
2019 | 3.5% | -31.8% | 53.9% | 77.05% |
Total Return Ranking - Trailing
Period | BRCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.3% | -37.6% | 34.0% | 30.47% |
1 Yr | 5.6% | -51.6% | 41.4% | 32.03% |
3 Yr | 4.0%* | -44.0% | 277.1% | 44.44% |
5 Yr | 8.2%* | -32.2% | 133.4% | 48.78% |
10 Yr | 1.9%* | -28.6% | 47.4% | 43.82% |
* Annualized
Total Return Ranking - Calendar
Period | BRCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -3.1% | -64.0% | 41.1% | 29.69% |
2022 | 8.0% | -15.1% | 5648.8% | 81.89% |
2021 | 19.3% | -23.3% | 188.1% | 78.57% |
2020 | 8.0% | -67.8% | 296.1% | 23.58% |
2019 | 4.5% | -31.8% | 53.9% | 79.51% |
NAV & Total Return History
BRCNX - Holdings
Concentration Analysis
BRCNX | Category Low | Category High | BRCNX % Rank | |
---|---|---|---|---|
Net Assets | 713 M | 2.34 M | 27.6 B | 39.49% |
Number of Holdings | 44 | 1 | 1009 | 54.69% |
Net Assets in Top 10 | 696 M | 2.66 M | 30.7 B | 31.25% |
Weighting of Top 10 | 97.11% | 17.2% | 169.5% | 26.61% |
Top 10 Holdings
- Invesco Treasury Portfolio, Institutional Class 28.51%
- Invesco US Dollar Liquidity Portfolio, Institutional Class 18.82%
- Invesco Government Agency Portfolio, Institutional Class 15.43%
- U.S. Treasury Floating Rate Notes 7.04%
- U.S. Treasury Floating Rate Notes 6.79%
- U.S. Treasury Floating Rate Notes 6.70%
- Bank of Montreal 6.03%
- Barclays Bank PLC 2.74%
- Royal Bank of Canada 2.58%
- Societe Generale 2.47%
Asset Allocation
Weighting | Return Low | Return High | BRCNX % Rank | |
---|---|---|---|---|
Cash | 68.34% | 0.00% | 101.92% | 19.84% |
Bonds | 34.36% | 0.00% | 127.91% | 47.66% |
Stocks | 0.00% | 0.00% | 49.72% | 51.56% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 27.78% |
Convertible Bonds | 0.00% | 0.00% | 3.89% | 42.40% |
Other | -2.69% | -7.17% | 100.19% | 82.54% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BRCNX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 62.76% | 0.00% | 100.00% | 35.09% |
Government | 21.75% | 0.00% | 100.00% | 43.36% |
Corporate | 8.96% | 0.00% | 42.72% | 23.01% |
Securitized | 0.00% | 0.00% | 19.62% | 40.71% |
Municipal | 0.00% | 0.00% | 1.45% | 27.43% |
Derivative | -2.69% | -7.17% | 100.19% | 72.81% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BRCNX % Rank | |
---|---|---|---|---|
US | 34.36% | 0.00% | 116.12% | 44.44% |
Non US | 0.00% | 0.00% | 12.98% | 31.75% |
BRCNX - Expenses
Operational Fees
BRCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.27% | 0.21% | 5.23% | 36.00% |
Management Fee | 1.02% | 0.00% | 1.75% | 94.90% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.05% | 0.45% | N/A |
Sales Fees
BRCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
BRCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
BRCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 162.00% | 88.73% |
BRCNX - Distributions
Dividend Yield Analysis
BRCNX | Category Low | Category High | BRCNX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.06% | 0.00% | 19.94% | 70.70% |
Dividend Distribution Analysis
BRCNX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
BRCNX | Category Low | Category High | BRCNX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.04% | -55.71% | 52.26% | 82.40% |
Capital Gain Distribution Analysis
BRCNX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2023 | $0.215 | OrdinaryDividend |
Dec 15, 2023 | $0.027 | CapitalGainLongTerm |
Dec 16, 2022 | $0.691 | OrdinaryDividend |
Dec 16, 2021 | $1.182 | OrdinaryDividend |
Dec 13, 2019 | $0.059 | OrdinaryDividend |
Dec 14, 2018 | $0.001 | CapitalGainLongTerm |
Dec 14, 2018 | $0.017 | OrdinaryDividend |
Dec 13, 2017 | $0.002 | OrdinaryDividend |
Dec 13, 2016 | $0.188 | OrdinaryDividend |
Sep 19, 2013 | $0.007 | OrdinaryDividend |
Dec 07, 2012 | $0.222 | OrdinaryDividend |
BRCNX - Fund Manager Analysis
Managers
Scott Hixon
Start Date
Tenure
Tenure Rank
Nov 30, 2010
11.51
11.5%
Scott Hixon joined Invesco in 1994 and became affiliated with the Global Asset Allocation team in 1997. He is responsible for the fundamental research, quantitative modeling and portfolio investment decisions for asset classes and currencies. Mr. Hixon began his investment management career in 1992 and was with SunTrust Bank prior to joining Invesco. He earned a Bachelor of Business Administration in finance, graduating magna cum aude from Georgia Southern University. He earned an M.B.A. in finance from Georgia State University. Mr. Hixon is a CFA charterholder.
Chris Devine
Start Date
Tenure
Tenure Rank
Nov 30, 2010
11.51
11.5%
Chris Devine joined Invesco in 1998 and became affiliated with the Global Asset Allocation team in January 2003. He is responsible for portfolio construction, risk management, trading and derivative management. He began his investment management career in 1996 and was with The Robinson-Humphrey Co. prior to joining Invesco. Mr. Devine earned a Bachelor of Arts degree in economics from Wake Forest University and a Master of Business Administration degree from the University of Georgia. He is a CFA charterholder.
Mark Ahnrud
Start Date
Tenure
Tenure Rank
Nov 30, 2010
11.51
11.5%
Mark Ahnrud currently serves as a Portfolio Manager for Invesco's Global Asset Allocation team. Mark joined Invesco in 2000 and the Global Asset Allocation team in 2002. Mark began his investment career in 1985 and was a fixed income portfolio manager with Bank of America prior to joining Invesco. Mark received his BS in Finance and Investments from Babson College. He received his MBA from the Fuqua School of Business at Duke University with a concentration in Finance and Real Estate Investment. Mark holds the Chartered Financial Analyst designation.
Scott Wolle
Start Date
Tenure
Tenure Rank
Nov 30, 2010
11.51
11.5%
Scott Wolle is a portfolio manager and chief investment officer (CIO) of Invesco Global Asset Allocation. Mr. Wolle joined Invesco in 1999 and became affiliated with the Global Asset Allocation team in 2000. He began his investment management career in 1991 and was with Bank of America prior to joining Invesco. Mr. Wolle earned a Bachelor of Science in finance from Virginia Polytechnic Institute and State University, graduating magna cum laude. He earned a MBA from the Fuqua School of Business at Duke University where he earned the distinction of Fuqua Scholar. He is a CFA charterholder.
Christian Ulrich
Start Date
Tenure
Tenure Rank
Nov 30, 2010
11.51
11.5%
Christian Ulrich currently serves as a Portfolio Manager for the IGAA team. Christian joined Invesco in 2000 and the Global Asset Allocation team in 2009. Prior to affiliating as a Portfolio manager with IGAA team, Christian served as a client portfolio manager for Invesco Global Asset Management. Christian began his investment career in 1987 and was with Credit Suisse Group AG where he had assignments in Zurich, New York and London.Christian graduated from the KV Zurich Business School in Zurich, Switzerland, and holds the CFA designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 17.03 | 6.11 | 11.51 |