Invesco Global Small Cap Equity Fund
Name
As of 06/02/2026Price
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
17.4%
1 yr return
19.1%
3 Yr Avg Return
16.8%
5 Yr Avg Return
8.6%
Net Assets
$173 M
Holdings in Top 10
22.9%
52 WEEK LOW AND HIGH
$14.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.10%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
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 06/02/2026Price
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
ESMSX - Profile
Distributions
- YTD Total Return 17.4%
- 3 Yr Annualized Total Return 16.8%
- 5 Yr Annualized Total Return 8.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.55%
- Dividend Yield 4.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInvesco Global Small Cap Equity Fund
-
Fund Family NameINVESCOFDS
-
Inception DateApr 04, 2017
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBorge Endresen
Fund Description
div style="line-height:11.0pt; text-align:left"span style="color:#000000; font-family:Arial Narrow; font-size:10pt"Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small-capitalization issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund considers a small-capitalization issuer to be one that has a market capitalization no larger than the market capitalization of the largest capitalized issuer included in the MSCI ACWI Small Cap 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./spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt; line-height:11pt" /span/div div style="line-height:11.0pt; text-align:left"span style="color:#000000; font-family:Arial Narrow; font-size:10pt; margin-left:15pt"The principal types of equity securities in which the Fund invests are /spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt"common and preferred stock. The Fund can also invest in depositary receipts, rights and warrants. The Fund may invest up to 10% of its net assets in warrants./spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt; line-height:11pt" /span/div div style="line-height:11.0pt; text-align:left"span style="color:#000000; font-family:Arial Narrow; font-size:10pt; margin-left:15pt"The Fund can invest without limit in foreign securities in any country, /spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt"including countries located in emerging markets,/spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt; line-height:11pt" /spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt"i.e., those that are generally in the early stages of their industrial cycles, as well as in developed markets. Under normal circumstances, the Fund will provide exposure to investments that are economically tied to at least three different countries, including the U.S. Under normal circumstances, the Fund will invest a percentage of its net assets in investments that are economically tied to countries other than the U.S. in an amount equal to at least the lesser of (a) 40%, unless market conditions are not deemed favorable, in which case, at least 30%, or (b) the percentage of foreign issuers represented in the MSCI ACWI Small Cap Index minus 10%. The Fund may invest in securities denominated in U.S. dollars or local foreign currencies./spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt; line-height:11pt" /span/div div style="line-height:11.0pt; text-align:left"span style="color:#000000; font-family:Arial Narrow; font-size:10pt; margin-left:15pt"The Fund may invest up to 10% of its net assets in China A-shares /spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt"(shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange)./spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt; line-height:11pt" /span/div div style="line-height:11.0pt; text-align:left"span style="color:#000000; font-family:Arial Narrow; font-size:10pt; margin-left:15pt"The Fund can invest in derivative instruments, including forward foreign /spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt"currency contracts. The Fund can use forward foreign currency contracts to seek to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated./spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt; line-height:11pt" /span/divdiv style="line-height:11.0pt; text-align:left"span style="color:#000000; font-family:Arial Narrow; font-size:10pt; margin-left:15pt"In selecting investments for the Fund, the portfolio managers take a /spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt"long-term time horizon with a focus on a disciplined investment process and an emphasis on balanced portfolio construction. The portfolio managers seek to achieve a balanced portfolio through the diversification of securities that are balanced between size, style and factor risk. The portfolio managers apply a bottom-up, fundamental research investment process comprised of bottom-up due diligence and value analysis. Stock selection is based on a rigorous analytical process that seeks to select the right company (a quality business with a sustainable financial framework, a competitive advantage and good governance), at the right time to buy (when the price is not reflective of the intrinsic value and there is potential for value creation over time), that is a right fit for the portfolio (attractive relative to existing holdings, conducive to maintaining the balance of the overall portfolio and/or reduces portfolio risk)./spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt; line-height:11pt" /span/div div style="line-height:11.0pt; text-align:left"span style="color:#000000; font-family:Arial Narrow; font-size:10pt; margin-left:15pt"The portfolio management team will typically sell a security when a /spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt"more attractive opportunity has been identified that the portfolio managers believe provide a better fit for the portfolio or where the portfolio managers lose confidence in the fundamentals or valuation./spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt; line-height:11pt" /span/div div style="line-height:11.0pt; text-align:left"span style="color:#000000; font-family:Arial Narrow; font-size:10pt; margin-left:15pt"In attempting to meet its investment objective or to manage /spanspan style="color:#000000; font-family:Arial Narrow; font-size:10pt"subscription and redemption requests, the Fund may engage in active and frequent trading of portfolio securities./span/div
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ESMSX - Performance
Return Ranking - Trailing
| Period | ESMSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.4% | 0.6% | 24.8% | 3.75% |
| 1 Yr | 19.1% | 1.1% | 42.3% | 25.00% |
| 3 Yr | 16.8%* | 8.1% | 26.2% | 46.25% |
| 5 Yr | 8.6%* | 1.3% | 13.0% | 49.37% |
| 10 Yr | N/A* | 4.4% | 11.8% | 5.48% |
* Annualized
Return Ranking - Calendar
| Period | ESMSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -9.7% | -12.9% | 55.5% | 96.25% |
| 2024 | -6.6% | -10.6% | 13.9% | 83.75% |
| 2023 | 8.8% | 2.0% | 24.0% | 93.75% |
| 2022 | -25.0% | -38.2% | -3.8% | 78.48% |
| 2021 | 20.0% | -8.7% | 23.4% | 15.38% |
Total Return Ranking - Trailing
| Period | ESMSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.4% | 0.6% | 24.8% | 3.75% |
| 1 Yr | 19.1% | 1.1% | 42.3% | 25.00% |
| 3 Yr | 16.8%* | 8.1% | 26.2% | 46.25% |
| 5 Yr | 8.6%* | 1.3% | 13.0% | 49.37% |
| 10 Yr | N/A* | 4.4% | 11.8% | 5.48% |
* Annualized
Total Return Ranking - Calendar
| Period | ESMSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 22.5% | 14.1% | 62.5% | 83.75% |
| 2024 | 3.0% | -4.4% | 18.1% | 42.50% |
| 2023 | 14.7% | 3.7% | 27.2% | 83.75% |
| 2022 | -15.9% | -38.2% | -0.6% | 36.71% |
| 2021 | 24.7% | 5.6% | 24.7% | 1.28% |
NAV & Total Return History
ESMSX - Holdings
Concentration Analysis
| ESMSX | Category Low | Category High | ESMSX % Rank | |
|---|---|---|---|---|
| Net Assets | 173 M | 5.08 M | 37.8 B | 67.50% |
| Number of Holdings | 117 | 6 | 1856 | 32.50% |
| Net Assets in Top 10 | 35.7 M | 1.79 M | 7.02 B | 75.00% |
| Weighting of Top 10 | 22.91% | 7.7% | 100.0% | 73.75% |
Top 10 Holdings
- Invesco Private Prime Fund 5.98%
- Karelia Tobacco Co. Inc. 2.62%
- Invesco Private Government Fund 2.30%
- MACOM Technology Solutions Holdings, Inc. 2.15%
- Chroma ATE Inc. 1.97%
- Advanced Energy Industries, Inc. 1.79%
- MKS Inc. 1.64%
- Viavi Solutions Inc. 1.63%
- DT Midstream, Inc. 1.43%
- SigmaRoc PLC 1.41%
Asset Allocation
| Weighting | Return Low | Return High | ESMSX % Rank | |
|---|---|---|---|---|
| Stocks | 100.94% | 0.00% | 108.46% | 5.00% |
| Cash | 8.27% | 0.04% | 26.39% | 10.00% |
| Preferred Stocks | 0.78% | 0.00% | 5.46% | 23.75% |
| Other | 0.00% | -12.19% | 16.50% | 36.25% |
| Convertible Bonds | 0.00% | 0.00% | 0.81% | 15.00% |
| Bonds | 0.00% | 0.00% | 76.82% | 6.25% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ESMSX % Rank | |
|---|---|---|---|---|
| Industrials | 34.57% | 2.47% | 34.57% | 2.56% |
| Technology | 27.53% | 0.00% | 27.53% | 2.56% |
| Financial Services | 12.70% | 0.00% | 36.14% | 69.23% |
| Consumer Cyclical | 9.38% | 0.00% | 18.05% | 69.23% |
| Energy | 7.50% | 0.00% | 73.53% | 21.79% |
| Consumer Defense | 4.36% | 0.00% | 19.62% | 83.33% |
| Real Estate | 3.48% | 0.00% | 6.59% | 10.26% |
| Healthcare | 0.43% | 0.00% | 24.13% | 96.15% |
| Basic Materials | 0.05% | 0.00% | 19.84% | 96.15% |
| Utilities | 0.00% | 0.00% | 15.55% | 78.21% |
| Communication Services | 0.00% | 0.00% | 10.93% | 94.87% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ESMSX % Rank | |
|---|---|---|---|---|
| US | 55.13% | 0.00% | 99.81% | 6.25% |
| Non US | 45.81% | 0.00% | 106.03% | 90.00% |
ESMSX - Expenses
Operational Fees
| ESMSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.10% | 0.05% | 3.53% | 48.75% |
| Management Fee | 0.85% | 0.04% | 1.19% | 81.25% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.25% | N/A |
Sales Fees
| ESMSX 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% | 1.00% | N/A |
Trading Fees
| ESMSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
| ESMSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 10.00% | 1.68% | 184.00% | 26.23% |
ESMSX - Distributions
Dividend Yield Analysis
| ESMSX | Category Low | Category High | ESMSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.18% | 0.00% | 6.89% | 5.00% |
Dividend Distribution Analysis
| ESMSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Monthly | Annual |
Net Income Ratio Analysis
| ESMSX | Category Low | Category High | ESMSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.55% | -0.86% | 4.06% | 45.00% |
Capital Gain Distribution Analysis
| ESMSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2025 | $0.616 | OrdinaryDividend |
| Dec 18, 2025 | $3.831 | CapitalGainLongTerm |
| Dec 16, 2024 | $0.798 | OrdinaryDividend |
| Dec 16, 2024 | $0.646 | CapitalGainLongTerm |
| Dec 16, 2024 | $0.004 | CapitalGainShortTerm |
| Dec 16, 2024 | $1.448 | OrdinaryDividend |
| Dec 15, 2023 | $0.702 | OrdinaryDividend |
| Dec 15, 2023 | $0.088 | CapitalGainLongTerm |
| Dec 16, 2022 | $1.603 | OrdinaryDividend |
| Dec 16, 2021 | $0.700 | OrdinaryDividend |
| Dec 15, 2020 | $0.418 | OrdinaryDividend |
| Dec 13, 2019 | $0.367 | CapitalGainLongTerm |
| Dec 13, 2019 | $0.685 | OrdinaryDividend |
| Dec 14, 2018 | $0.034 | CapitalGainShortTerm |
| Dec 14, 2018 | $0.504 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.350 | OrdinaryDividend |
| Dec 13, 2017 | $0.321 | OrdinaryDividend |
| Dec 13, 2017 | $0.260 | CapitalGainLongTerm |
ESMSX - Fund Manager Analysis
Managers
Borge Endresen
Start Date
Tenure
Tenure Rank
May 01, 2002
20.1
20.1%
Borge Endresen joined Invesco in 1999. He was promoted to portfolio manager for international growth and emerging markets strategies in 2002. He was previously an associate financial consultant with Merrill Lynch. Borge Endresen started in the industry in 1995. A native of Stavanger, Norway, Mr. Endresen graduated summa cum laude from the University of Oregon with a Bachelor of Science degree in finance. He earned a Master of Business Administration degree from The University of Texas at Austin. He is a CFA charterholder.
Minkun Zhang
Start Date
Tenure
Tenure Rank
Apr 29, 2022
0.09
0.1%
Minkun Zhang, CFA, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2012.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 24.59 | 7.57 | 0.64 |