INVESCO V.I. GLOBAL CORE EQUITY FUND
Name
As of 10/04/2024Price
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
18.8%
1 yr return
33.5%
3 Yr Avg Return
5.5%
5 Yr Avg Return
11.0%
Net Assets
$7.85 B
Holdings in Top 10
30.7%
52 WEEK LOW AND HIGH
$11.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
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
UGEPX - Profile
Distributions
- YTD Total Return 18.8%
- 3 Yr Annualized Total Return 5.5%
- 5 Yr Annualized Total Return 11.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annual
Fund Details
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Legal NameINVESCO V.I. GLOBAL CORE EQUITY FUND
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Fund Family NameINVESCOFDS
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Inception DateJan 02, 1997
-
Shares OutstandingN/A
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Share ClassOther
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CurrencyUSD
-
Domiciled CountryUS
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, including depositary receipts, that have economic characteristics similar to such securities.
The principal types of equity securities in which the Fund invests are common and preferred stock. The Fund’s common stock investments may 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, including the U.S., and at least 40%, unless market conditions are not deemed favorable, in which case at least 30%, of the Fund’s net assets will provide exposure to investments that are economically tied to countries other than the U.S. The Fund may invest up to 20% of its net assets in securities of issuers located in emerging market 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 and options.
The Fund can use forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated.
The Fund can use options to mitigate risk and to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated.
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.
In selecting investments for the Fund, the portfolio manager applies a rigorous bottom-up fundamental investment approach to analyze the quality and value of individual companies. There is no attempt to mirror the composition of the Fund’s benchmark index.
The portfolio manager looks for companies that are believed to (i) possess sustainable competitive advantages that provide opportunities for long-term growth; (ii) have management teams that are strong capital allocators and efficient operators; and (iii) be attractively priced in relation to their intrinsic value.
As part of a comprehensive assessment of a company’s valuation, the portfolio management team uses a variety of valuation methods and will typically review a company’s financial information, competitive position and its future prospects. The team may also meet with the company’s management and take into account general industry and economic trends. The team assesses valuation in the context of a business's economics and will consider investing when expected returns and risk-reward characteristics are attractive.
The portfolio management team will typically sell a security under the following conditions: (a) where the price of the security increases to a level that it considers to be at or near its intrinsic value, (b) where there are more attractive opportunities, or (c) where the original investment thesis for a company is no longer valid.
As part of the Fund’s investment process to implement its investment strategy in pursuit of its investment objective, the Fund’s portfolio manager may also consider both qualitative and quantitative environmental, social and governance (“ESG”) factors they believe to be material to understand an issuer’s fundamentals, assess whether any ESG factors pose a material financial risk or opportunity to the issuer and determine whether such risks
are appropriately reflected in the issuer’s valuation. This analysis may involve the use of third-party research as well as proprietary research. Consideration of ESG factors is just one component of the portfolio manager's assessment of issuers eligible for investment and not necessarily determinative to an investment decision. Therefore, the Fund’s portfolio manager may still invest in securities of issuers that may be viewed as having a high ESG risk profile. The ESG factors considered by the Fund’s portfolio manager may change over time, one or more factors may not be relevant with respect to all issuers eligible for investment and ESG considerations may not be applied to each issuer or Fund investment.
In attempting to meet its investment objective or to manage subscription and redemption requests, the Fund may engage in active and frequent trading of portfolio securities.
UGEPX - Performance
Return Ranking - Trailing
Period | UGEPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.8% | 9.1% | 9.1% | 100.00% |
1 Yr | 33.5% | 58.1% | 58.1% | 100.00% |
3 Yr | 5.5%* | 8.4% | 8.4% | 100.00% |
5 Yr | 11.0%* | 10.5% | 10.5% | 100.00% |
10 Yr | 7.4%* | 6.9% | 6.9% | 100.00% |
* Annualized
Return Ranking - Calendar
Period | UGEPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.9% | 11.8% | 11.8% | 100.00% |
2022 | -28.1% | 14.3% | 14.3% | 100.00% |
2021 | -3.1% | -16.2% | -16.2% | 100.00% |
2020 | 11.8% | 21.5% | 21.5% | 100.00% |
2019 | 14.3% | 5.7% | 5.7% | 100.00% |
Total Return Ranking - Trailing
Period | UGEPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.8% | 9.1% | 9.1% | 100.00% |
1 Yr | 33.5% | 58.1% | 58.1% | 100.00% |
3 Yr | 5.5%* | 8.4% | 8.4% | 100.00% |
5 Yr | 11.0%* | 10.5% | 10.5% | 100.00% |
10 Yr | 7.4%* | 6.9% | 6.9% | 100.00% |
* Annualized
Total Return Ranking - Calendar
Period | UGEPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.7% | 11.8% | 11.8% | 100.00% |
2022 | -21.9% | 14.3% | 14.3% | 100.00% |
2021 | 16.0% | -16.2% | -16.2% | 100.00% |
2020 | 13.2% | 21.5% | 21.5% | 100.00% |
2019 | 25.2% | 5.7% | 5.7% | 100.00% |
NAV & Total Return History
UGEPX - Holdings
Concentration Analysis
UGEPX | Category Low | Category High | UGEPX % Rank | |
---|---|---|---|---|
Net Assets | 7.85 B | 3.38 M | 71.6 M | 100.00% |
Number of Holdings | 60 | 52 | 210 | 100.00% |
Net Assets in Top 10 | 20.3 M | 29.7 M | 410 M | 100.00% |
Weighting of Top 10 | 30.71% | 43.0% | 72.5% | 100.00% |
Top 10 Holdings
- Microsoft Corp. 6.19%
- Amazon.com, Inc. 3.66%
- Apple Inc. 3.04%
- 3i Group PLC 2.86%
- UnitedHealth Group Inc. 2.73%
- Berkshire Hathaway Inc., Class B 2.59%
- Constellation Software Inc. 2.52%
- Coca-Cola Co. (The) 2.38%
- Alphabet Inc., Class A 2.38%
- Old Dominion Freight Line, Inc. 2.37%
Asset Allocation
Weighting | Return Low | Return High | UGEPX % Rank | |
---|---|---|---|---|
Stocks | 97.48% | 94.78% | 97.72% | 50.00% |
Cash | 2.52% | 1.83% | 2.29% | 50.00% |
Preferred Stocks | 0.00% | 0.00% | 0.42% | 100.00% |
Other | 0.00% | 0.00% | 0.18% | 100.00% |
Convertible Bonds | 0.00% | 0.00% | 2.79% | 100.00% |
Bonds | 0.00% | 0.00% | 0.00% | 50.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | UGEPX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 4.29% | 100.00% |
Technology | 0.00% | 21.53% | 26.69% | 50.00% |
Real Estate | 0.00% | 2.08% | 3.64% | 50.00% |
Industrials | 0.00% | 9.68% | 13.63% | 50.00% |
Healthcare | 0.00% | 5.48% | 14.52% | 100.00% |
Financial Services | 0.00% | 10.24% | 13.38% | 100.00% |
Energy | 0.00% | 2.06% | 5.02% | 100.00% |
Communication Services | 0.00% | 7.36% | 9.79% | 100.00% |
Consumer Defense | 0.00% | 6.56% | 15.72% | 50.00% |
Consumer Cyclical | 0.00% | 8.89% | 15.18% | 50.00% |
Basic Materials | 0.00% | 0.00% | 4.25% | 100.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | UGEPX % Rank | |
---|---|---|---|---|
US | 68.80% | 51.70% | 52.34% | 50.00% |
Non US | 28.68% | 43.08% | 45.38% | 50.00% |
UGEPX - Expenses
Operational Fees
UGEPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.99% | 0.72% | 1.00% | 50.00% |
Management Fee | 0.67% | 0.07% | 0.67% | 100.00% |
12b-1 Fee | N/A | 0.50% | 0.50% | N/A |
Administrative Fee | N/A | 0.25% | 0.25% | 100.00% |
Sales Fees
UGEPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
UGEPX 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.
UGEPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 17.00% | 24.00% | 100.00% |
UGEPX - Distributions
Dividend Yield Analysis
UGEPX | Category Low | Category High | UGEPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.45% | 0.00% | 0.00% | 50.00% |
Dividend Distribution Analysis
UGEPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
UGEPX | Category Low | Category High | UGEPX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.98% | 1.14% | 50.00% |
Capital Gain Distribution Analysis
UGEPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 26, 2023 | $0.052 | OrdinaryDividend |
Oct 26, 2023 | $0.007 | CapitalGainLongTerm |
Oct 27, 2022 | $0.033 | OrdinaryDividend |
Oct 27, 2022 | $0.319 | CapitalGainShortTerm |
Oct 27, 2022 | $0.305 | CapitalGainLongTerm |
Oct 28, 2021 | $0.125 | OrdinaryDividend |
Oct 28, 2021 | $0.512 | CapitalGainShortTerm |
Oct 28, 2021 | $1.574 | CapitalGainLongTerm |
Oct 22, 2020 | $0.136 | OrdinaryDividend |
Sep 26, 2019 | $0.149 | OrdinaryDividend |
Sep 26, 2019 | $0.110 | CapitalGainShortTerm |
Sep 26, 2019 | $0.631 | CapitalGainLongTerm |
Sep 20, 2018 | $0.115 | OrdinaryDividend |
Sep 21, 2017 | $0.116 | OrdinaryDividend |
Sep 22, 2016 | $0.090 | OrdinaryDividend |
Sep 24, 2015 | $0.323 | CapitalGainLongTerm |
Sep 24, 2015 | $0.125 | OrdinaryDividend |
Sep 25, 2014 | $0.185 | OrdinaryDividend |
Sep 26, 2013 | $0.166 | OrdinaryDividend |
Sep 27, 2012 | $0.186 | OrdinaryDividend |
Apr 13, 2011 | $0.250 | OrdinaryDividend |