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Trending ETFs

Name

As of 04/24/2023

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

$11.44

$65.2 M

0.40%

$0.05

1.37%

Vitals

YTD Return

-0.6%

1 yr return

-2.2%

3 Yr Avg Return

9.2%

5 Yr Avg Return

-1.9%

Net Assets

$65.2 M

Holdings in Top 10

28.5%

52 WEEK LOW AND HIGH

$11.4
$9.62
$12.76

Expenses

OPERATING FEES

Expense Ratio 1.37%

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 04/24/2023

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

$11.44

$65.2 M

0.40%

$0.05

1.37%

IIBRX - Profile

Distributions

  • YTD Total Return -0.6%
  • 3 Yr Annualized Total Return 9.2%
  • 5 Yr Annualized Total Return -1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.95%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco International Core Equity Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Nov 24, 2003
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Erik Esselink

Fund Description

The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund invests primarily in equity securities and depositary receipts of foreign issuers. The principal types of equity securities in which the Fund invests are common and preferred stock. The Fund’s common stock investments also include China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange).Under normal circumstances, the Fund will provide exposure to investments that are economically tied to at least three different countries outside of the U.S. The Fund may invest up to 100% of its net assets in foreign securities. The Fund may invest up to 20% of its net assets in securities of issuers located in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.The Fund can invest in derivative instruments, including forward foreign currency contracts.The Fund can use forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated.The portfolio management team seeks to construct a portfolio of issuers that have high or improving return on invested capital, quality management, a strong competitive position and that are trading at compelling valuations. The Fund may invest in the securities of issuers of all capitalization sizes, and a substantial number of the issuers in which the Fund invests are large-capitalization issuers.The Fund uses an integrated investment process centered around investment research, portfolio construction and management, and risk management. In selecting securities for the Fund, the portfolio managers identify potential investment opportunities using bottom-up research of long-term company fundamentals and normalized earnings, industry research, and screening techniques. Potential investment ideas are evaluated for the strength of their non-consensus thesis (where long-term company fundamentals or investor perception of those fundamentals can positively change versus expectations), durability (a combination of sustainable revenue growth, a defendable market position, strong financials, and proven management), and asymmetric payoff (a determination that three-year total return expectations disproportionately outweigh potential downside risk). The portfolio managers buy securities with the objective of constructing a diversified global portfolio that reflects the team’s highest conviction ideas. Risk management, integrated with investment research and portfolio management, seeks to ensure that company risk is the major source of active risk within the portfolio, that unintended risks are minimized, and that portfolio risk guidelines are followed.The portfolio managers will consider selling a security when a company’s competitive position unexpectedly deteriorates (business is no longer deemed durable), research indicates that the initial thesis misgauged long-term prospects or market expectations, the asymmetry becomes unfavorable, a more attractive opportunity has been identified, or the portfolio managers determine that the portfolio requires rebalancing.
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IIBRX - Performance

Return Ranking - Trailing

Period IIBRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -28.5% 12.2% 11.93%
1 Yr -2.2% -31.2% 121.5% 4.43%
3 Yr 9.2%* -52.6% 123.6% 6.04%
5 Yr -1.9%* -11.3% 58.0% 39.90%
10 Yr 0.5%* -5.9% 10.0% 48.51%

* Annualized

Return Ranking - Calendar

Period IIBRX Return Category Return Low Category Return High Rank in Category (%)
2023 -11.6% -45.5% 71.3% 11.78%
2022 0.2% -15.4% 11.9% 72.68%
2021 5.0% -10.4% 121.9% 18.81%
2020 5.2% -33.7% 8.5% 24.45%
2019 -6.4% -13.0% 27.5% 94.82%

Total Return Ranking - Trailing

Period IIBRX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -28.5% 12.2% 11.93%
1 Yr -2.2% -31.2% 121.5% 4.43%
3 Yr 9.2%* -52.6% 123.6% 6.04%
5 Yr -1.9%* -11.3% 58.0% 50.41%
10 Yr 1.4%* -3.1% 10.0% 49.50%

* Annualized

Total Return Ranking - Calendar

Period IIBRX Return Category Return Low Category Return High Rank in Category (%)
2023 -11.6% -45.5% 71.3% 11.78%
2022 0.2% -15.4% 11.9% 72.39%
2021 5.0% -10.4% 121.9% 18.81%
2020 5.2% -18.0% 8.5% 24.45%
2019 -6.4% -13.0% 29.4% 96.99%

NAV & Total Return History


IIBRX - Holdings

Concentration Analysis

IIBRX Category Low Category High IIBRX % Rank
Net Assets 65.2 M 1.02 M 369 B 86.24%
Number of Holdings 78 1 10801 66.97%
Net Assets in Top 10 19 M 0 34.5 B 84.68%
Weighting of Top 10 28.48% 1.6% 100.0% 34.51%

Top 10 Holdings

  1. Enel SpA 4.08%
  2. Enel SpA 4.08%
  3. Enel SpA 4.08%
  4. Enel SpA 4.08%
  5. Enel SpA 4.08%
  6. Enel SpA 4.08%
  7. Enel SpA 4.08%
  8. Enel SpA 4.08%
  9. Enel SpA 4.08%
  10. Enel SpA 4.08%

Asset Allocation

Weighting Return Low Return High IIBRX % Rank
Stocks
98.01% 0.00% 122.60% 54.09%
Cash
1.99% -65.15% 100.00% 41.88%
Preferred Stocks
0.00% 0.00% 1.87% 28.40%
Other
0.00% -16.47% 17.36% 51.52%
Convertible Bonds
0.00% 0.00% 4.18% 22.46%
Bonds
0.00% -10.79% 71.30% 29.82%

IIBRX - Expenses

Operational Fees

IIBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.37% 0.01% 3.96% 16.98%
Management Fee 0.75% 0.00% 1.60% 64.47%
12b-1 Fee 0.50% 0.00% 1.00% 66.37%
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

IIBRX 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

IIBRX 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.

IIBRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 247.00% 72.21%

IIBRX - Distributions

Dividend Yield Analysis

IIBRX Category Low Category High IIBRX % Rank
Dividend Yield 0.40% 0.00% 13.65% 29.41%

Dividend Distribution Analysis

IIBRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

IIBRX Category Low Category High IIBRX % Rank
Net Income Ratio 0.95% -0.93% 6.38% 75.85%

Capital Gain Distribution Analysis

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

Distributions History

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IIBRX - Fund Manager Analysis

Managers

Erik Esselink


Start Date

Tenure

Tenure Rank

Feb 11, 2014

8.3

8.3%

Erik Esselink is a Portfolio Manager for Invesco global core equity strategies. Mr. Esselink joined Invesco in 2007 and specializes in the research and management of European equities.Prior to joining Invesco, Mr. Esselink was an institutional equities pan-European specialist with Morgan Stanley. His career started in 1997 with ING Barings in Amsterdam as a member of the institutional equity team for three years, specializing in Dutch equities.Mr. Esselink graduated from the Rotterdam School of Economics (HES) where he studied commercial economics.

Douglas Turnbull


Start Date

Tenure

Tenure Rank

Feb 26, 2021

1.26

1.3%

Douglas Turnbull is a Deputy Fund Manager for the Henley-based Asian and Emerging Market Equities team at Invesco. In this role, he is focused on the International Core Equity strategy. Mr. Turnbull joined Invesco in 2017. Prior to joining the firm, he was head of Chinese equities and fund manager at Neptune Investment Management. He began his career in 2007 as a research analyst at Neptune Investment Management. Mr. Turnbull earned first-class honors in modern history from Oxford University. He is a Chartered Financial Analyst® (CFA) charterholder.

Andy Tidby


Start Date

Tenure

Tenure Rank

Feb 26, 2021

1.26

1.3%

Andy Tidby is a Fund Manager for the Henley-based Asian and Emerging Market Equities team at Invesco. In this role, he is focused on the International Core Equity strategy specializing in Japanese and Australian companies. He also has wider responsibilities for Japanese and Australian small cap equities. Mr. Tidby joined Invesco in 2008. Prior to his current role, he was a research analyst for Japanese equities. Before joining the firm, he was a senior investment writer at HSBC Global Asset Management, covering regulatory and marketing communications across the group's retail, intermediary, and institutional clients. He began his investment career in 1997 at HSBC Bank, where he was responsible for managing private client portfolios. Mr. Tidby holds the Investment Management Certificate from the CFA Society of the UK.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.13 2.92