INVESCO Real Estate Fund
Name
As of 10/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.6%
1 yr return
26.2%
3 Yr Avg Return
0.6%
5 Yr Avg Return
2.3%
Net Assets
$1.07 B
Holdings in Top 10
56.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.00%
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 10/09/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
IARFX - Profile
Distributions
- YTD Total Return 7.6%
- 3 Yr Annualized Total Return 0.6%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.90%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameINVESCO Real Estate Fund
-
Fund Family NameINVESCOFDS
-
Inception DateSep 24, 2012
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMark Blackburn
Fund Description
IARFX - Performance
Return Ranking - Trailing
Period | IARFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.6% | -11.7% | 21.6% | 83.85% |
1 Yr | 26.2% | -9.3% | 42.7% | 70.77% |
3 Yr | 0.6%* | -11.7% | 6.1% | 70.16% |
5 Yr | 2.3%* | -11.9% | 15.6% | 80.75% |
10 Yr | 4.4%* | -2.5% | 15.1% | 85.71% |
* Annualized
Return Ranking - Calendar
Period | IARFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.1% | -17.6% | 24.6% | 70.11% |
2022 | -31.9% | -51.3% | 2.7% | 61.92% |
2021 | 32.9% | -7.7% | 52.3% | 49.02% |
2020 | -17.4% | -42.2% | 35.0% | 87.19% |
2019 | 16.9% | -0.8% | 43.1% | 58.37% |
Total Return Ranking - Trailing
Period | IARFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.6% | -11.7% | 21.6% | 83.85% |
1 Yr | 26.2% | -9.3% | 42.7% | 70.77% |
3 Yr | 0.6%* | -11.7% | 6.1% | 70.16% |
5 Yr | 2.3%* | -11.9% | 15.6% | 80.75% |
10 Yr | 4.4%* | -2.5% | 15.1% | 85.71% |
* Annualized
Total Return Ranking - Calendar
Period | IARFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -14.0% | 25.0% | 82.76% |
2022 | -24.5% | -40.7% | 7.8% | 19.62% |
2021 | 41.6% | 7.8% | 54.6% | 40.78% |
2020 | -10.3% | -36.6% | 44.3% | 84.30% |
2019 | 27.6% | 3.4% | 46.4% | 46.78% |
NAV & Total Return History
IARFX - Holdings
Concentration Analysis
IARFX | Category Low | Category High | IARFX % Rank | |
---|---|---|---|---|
Net Assets | 1.07 B | 1.39 M | 61.4 B | 27.17% |
Number of Holdings | 35 | 22 | 519 | 68.70% |
Net Assets in Top 10 | 557 M | 1.29 M | 32.8 B | 26.72% |
Weighting of Top 10 | 56.38% | 13.2% | 90.0% | 48.47% |
Top 10 Holdings
- American Tower Corp. 10.06%
- Welltower Inc. 8.34%
- Equinix, Inc. 7.85%
- Extra Space Storage Inc. 4.63%
- Equity Residential 4.60%
- Camden Property Trust 4.51%
- Healthpeak Properties, Inc. 4.24%
- Alexandria Real Estate Equities, Inc. 4.13%
- Rexford Industrial Realty, Inc. 4.08%
- Invitation Homes Inc. 3.95%
Asset Allocation
Weighting | Return Low | Return High | IARFX % Rank | |
---|---|---|---|---|
Stocks | 99.68% | 0.00% | 105.52% | 10.69% |
Cash | 4.96% | -42.50% | 19.87% | 11.83% |
Preferred Stocks | 0.00% | 0.00% | 31.13% | 76.72% |
Other | 0.00% | -89.90% | 107.80% | 72.90% |
Convertible Bonds | 0.00% | 0.00% | 10.95% | 73.56% |
Bonds | 0.00% | -3.17% | 155.83% | 74.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | IARFX % Rank | |
---|---|---|---|---|
Real Estate | 99.17% | 34.46% | 100.00% | 50.40% |
Consumer Cyclical | 0.83% | 0.00% | 45.29% | 31.45% |
Utilities | 0.00% | 0.00% | 3.55% | 72.18% |
Technology | 0.00% | 0.00% | 12.02% | 80.24% |
Industrials | 0.00% | 0.00% | 7.39% | 74.19% |
Healthcare | 0.00% | 0.00% | 0.53% | 71.77% |
Financial Services | 0.00% | 0.00% | 37.05% | 75.81% |
Energy | 0.00% | 0.00% | 33.11% | 72.98% |
Communication Services | 0.00% | 0.00% | 11.61% | 75.40% |
Consumer Defense | 0.00% | 0.00% | 0.93% | 71.77% |
Basic Materials | 0.00% | 0.00% | 13.69% | 72.98% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IARFX % Rank | |
---|---|---|---|---|
US | 99.68% | 0.00% | 105.52% | 9.54% |
Non US | 0.00% | 0.00% | 37.90% | 75.95% |
IARFX - Expenses
Operational Fees
IARFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.80% | 0.07% | 28.75% | 79.15% |
Management Fee | 0.73% | 0.00% | 1.50% | 47.33% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
IARFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
IARFX 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.
IARFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 59.00% | 0.11% | 380.00% | 65.84% |
IARFX - Distributions
Dividend Yield Analysis
IARFX | Category Low | Category High | IARFX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.63% | 0.00% | 13.03% | 13.74% |
Dividend Distribution Analysis
IARFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
IARFX | Category Low | Category High | IARFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.90% | -1.14% | 6.05% | 60.23% |
Capital Gain Distribution Analysis
IARFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 26, 2024 | $0.120 | OrdinaryDividend |
Mar 28, 2024 | $0.110 | OrdinaryDividend |
Dec 13, 2023 | $0.116 | OrdinaryDividend |
Dec 13, 2023 | $0.204 | CapitalGainLongTerm |
Sep 28, 2023 | $0.116 | OrdinaryDividend |
Jun 22, 2023 | $0.101 | OrdinaryDividend |
Mar 23, 2023 | $0.091 | OrdinaryDividend |
Dec 14, 2022 | $1.661 | OrdinaryDividend |
Sep 22, 2022 | $0.063 | OrdinaryDividend |
Jun 23, 2022 | $0.063 | OrdinaryDividend |
Mar 24, 2022 | $0.064 | OrdinaryDividend |
Dec 14, 2021 | $1.210 | OrdinaryDividend |
Sep 23, 2021 | $0.069 | OrdinaryDividend |
Jun 24, 2021 | $0.079 | OrdinaryDividend |
Mar 25, 2021 | $0.084 | OrdinaryDividend |
Dec 11, 2020 | $0.087 | OrdinaryDividend |
Sep 17, 2020 | $0.083 | OrdinaryDividend |
Jun 18, 2020 | $0.085 | OrdinaryDividend |
Apr 15, 2020 | $1.047 | CapitalGainLongTerm |
Mar 19, 2020 | $0.101 | OrdinaryDividend |
Dec 13, 2019 | $0.113 | OrdinaryDividend |
Dec 13, 2019 | $0.219 | CapitalGainShortTerm |
Dec 13, 2019 | $1.388 | CapitalGainLongTerm |
Sep 19, 2019 | $0.113 | OrdinaryDividend |
Jun 20, 2019 | $0.113 | OrdinaryDividend |
Mar 21, 2019 | $0.110 | OrdinaryDividend |
Dec 14, 2018 | $0.095 | OrdinaryDividend |
Dec 14, 2018 | $0.025 | CapitalGainShortTerm |
Dec 14, 2018 | $1.095 | CapitalGainLongTerm |
Sep 13, 2018 | $0.096 | OrdinaryDividend |
Jun 21, 2018 | $0.099 | OrdinaryDividend |
Mar 22, 2018 | $0.081 | OrdinaryDividend |
Dec 13, 2017 | $0.071 | OrdinaryDividend |
Dec 13, 2017 | $1.023 | CapitalGainLongTerm |
Sep 14, 2017 | $0.084 | OrdinaryDividend |
Jun 15, 2017 | $0.089 | OrdinaryDividend |
Mar 16, 2017 | $0.105 | OrdinaryDividend |
Dec 13, 2016 | $0.225 | OrdinaryDividend |
Dec 13, 2016 | $0.251 | CapitalGainShortTerm |
Dec 13, 2016 | $2.743 | CapitalGainLongTerm |
Sep 15, 2016 | $0.086 | OrdinaryDividend |
Jun 16, 2016 | $0.092 | OrdinaryDividend |
Mar 17, 2016 | $0.111 | OrdinaryDividend |
Sep 17, 2015 | $0.094 | OrdinaryDividend |
Jun 18, 2015 | $0.089 | OrdinaryDividend |
Mar 19, 2015 | $0.080 | OrdinaryDividend |
Dec 12, 2014 | $0.060 | OrdinaryDividend |
Dec 12, 2014 | $0.026 | CapitalGainShortTerm |
Dec 12, 2014 | $1.040 | CapitalGainLongTerm |
Sep 18, 2014 | $0.080 | OrdinaryDividend |
Jun 19, 2014 | $0.085 | OrdinaryDividend |
Mar 20, 2014 | $0.007 | OrdinaryDividend |
Dec 13, 2013 | $0.094 | OrdinaryDividend |
Dec 13, 2013 | $0.050 | CapitalGainShortTerm |
Dec 13, 2013 | $2.802 | CapitalGainLongTerm |
Sep 19, 2013 | $0.094 | OrdinaryDividend |
Jun 20, 2013 | $0.091 | OrdinaryDividend |
Mar 21, 2013 | $0.108 | OrdinaryDividend |
IARFX - Fund Manager Analysis
Managers
Mark Blackburn
Start Date
Tenure
Tenure Rank
Apr 03, 2000
22.17
22.2%
Mr. Blackburn is an Invesco Managing Director and a member of the Real Estate Securities Portfolio Management and Research Teams. His current duties include work as Director of Securities Research and a Portfolio Manager. Prior to joining Invesco in 1998, he worked as an Associate Director of Research focusing on equity securities research and recommendations with a regional brokerage firm. He is a member of the National Association of Real Estate Investment Trusts (NAREIT).
Ping-Ying Wang
Start Date
Tenure
Tenure Rank
Jan 01, 2006
16.42
16.4%
Ms. Wang is an Invesco Senior Director and a Portfolio Manager on the Real Estate Securities Investment Team.Ms. Wang evaluates global real estate companies with a particular focus on Asian and North American countries while managing and performing portfolio risk analysis. In addition to these duties, Ms. Wang formulates investment strategies, spearheads thematic research projects and serves on the Real Estate Securities Management Executive Committee. She holds the Chartered Financial Analyst designation.
Darin Turner
Start Date
Tenure
Tenure Rank
Dec 04, 2009
12.5
12.5%
Darin Turner is a portfolio manager and member of the Real Estate Securities Portfolio Management and Research Team with Invesco Real Estate. His current duties involve evaluating structured real estate securities with a focus on fi xed-income instruments such as commercial mortgage-backed securities, corporate debt and corporate preferred stock. Mr. Turner also provides tenant and credit quality analysis, capital structure analysis and debt pricing analysis for equity portfolios. Mr. Turner joined Invesco in 2005 as an acquisitions analyst.
James Cowen
Start Date
Tenure
Tenure Rank
Jun 26, 2015
6.93
6.9%
Mr. Cowen is a Portfolio Manager with the Invesco Real Estate Global Securities Team. He has 18 years of experience in real estate and has worked for Invesco for 15 years. Prior to joining the team in 2004, he worked in a real estate corporate finance role for Invesco in Europe and as an analyst for a management consulting business based in London. He has a Bachelor and Masters Degree from the University of Manchester and a M.Phil degree from Cambridge University. He is a member of the UK Society of Investment Professionals, UK Securities & Investment Institute and is a UK FSA approved person.
Grant Jackson
Start Date
Tenure
Tenure Rank
Jun 28, 2018
3.93
3.9%
Grant Jackson is a senior director and portfolio manager with Invesco Real Estate’s Global Securities team. Mr. Jackson began his investment career in 2002 and joined Invesco in 2005. Prior to joining Invesco, he worked for PricewaterhouseCoopers Consulting where he was engaged in various technical roles involving data management, database coordination, and application development. Mr. Jackson earned a BS in Mechanical Engineering from the University of Texas at Austin and a MBA from Southern Methodist University’s Cox School of Business. Mr. Jackson is a CFA® charterholder.
Charles (Chip) McKinley
Start Date
Tenure
Tenure Rank
Jan 06, 2022
0.4
0.4%
Chip McKinley, Senior Vice President, is a portfolio manager for global real estate securities portfolios. Prior to joining Cohen & Steers in 2007, Mr. McKinley was a portfolio manager and REIT analyst at Franklin Templeton Real Estate Advisors. Previously, he was with Fidelity Investments. Mr. McKinley holds a BA from Southern Methodist University and an MBA from Cornell University. He is based in New York.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 28.42 | 8.12 | 2.68 |