VADAX: Invesco Equally-Wtd S&P 500 A

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VADAX Invesco Equally-Wtd S&P 500 A


Profile

VADAX - Profile

Vitals

  • YTD Return -10.7%
  • 3 Yr Annualized Return 0.2%
  • 5 Yr Annualized Return 2.8%
  • Net Assets $5.96 B
  • Holdings in Top 10 5.8%

52 WEEK LOW AND HIGH

$56.76
$39.70
$65.42

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return -10.7%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 2.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.55%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Equally-Weighted S&P 500 Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Jul 28, 1997
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Glen Murphy

Fund Description

The fund invests in a diversified portfolio of common stocks represented in the S&P® 500 Equal Weight Index (the underlying index). The underlying index assigns each common stock included in the S&P 500 Index an equal weight at each rebalance. The fund’s portfolio managers, will generally adjust its investment securities to correspond with changes made to the underlying index.


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Categories

Fund Company Quick Screens

VADAX - Fund Company Quick Screens


Performance

VADAX - Performance

Return Ranking - Trailing

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
YTD -10.7% -36.9% 1892.0% 89.32%
1 Yr -9.3% -73.2% 2003.4% 84.17%
3 Yr 0.2%* -33.7% 189.0% 59.31%
5 Yr 2.8%* -21.2% 94.7% 44.25%
10 Yr 8.2%* -6.3% 39.1% 34.01%

* Annualized

Return Ranking - Calendar

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
2019 23.0% -72.6% 39.5% 45.52%
2018 -13.8% -67.0% 10.0% 47.04%
2017 15.1% -32.8% 33.2% 39.44%
2016 12.6% -18.6% 19.7% 5.94%
2015 -5.4% -35.5% 7.8% 48.39%

Total Return Ranking - Trailing

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
YTD -10.7% -36.9% 1892.0% 89.32%
1 Yr -9.3% -73.2% 2003.4% 84.17%
3 Yr 0.2%* -33.7% 189.0% 78.68%
5 Yr 2.8%* -15.7% 94.7% 76.37%
10 Yr 8.2%* -4.2% 39.1% 76.33%

* Annualized

Total Return Ranking - Calendar

Period VADAX Return Category Return Low Category Return High Rank in Category (%)
2019 23.0% -72.6% 39.5% 45.69%
2018 -13.8% -67.0% 10.0% 70.15%
2017 15.1% -22.1% 33.2% 77.80%
2016 12.6% -16.4% 26.8% 14.38%
2015 -5.4% -26.4% 106.5% 78.91%

NAV & Total Return History


Holdings

VADAX - Holdings

Concentration Analysis

VADAX Category Low Category High VADAX % Rank
Net Assets 5.96 B 1.14 K 872 B 15.31%
Number of Holdings 511 1 3498 13.82%
Net Assets in Top 10 306 M -27.1 M 186 B 46.79%
Weighting of Top 10 5.75% 3.2% 100.0% 99.92%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High VADAX % Rank
Stocks
100.12% 81.36% 167.47% 7.07%
Preferred Stocks
0.00% 0.00% 14.17% 98.33%
Other
0.00% -7.25% 89.69% 95.59%
Convertible Bonds
0.00% 0.00% 13.48% 98.33%
Bonds
0.00% 0.00% 78.72% 98.59%
Cash
-0.12% -141.62% 13.02% 91.51%

Stock Sector Breakdown

Weighting Return Low Return High VADAX % Rank
Technology
14.70% 0.00% 41.55% 89.10%
Healthcare
14.33% 0.00% 31.87% 81.00%
Industrials
13.72% 0.00% 27.72% 7.60%
Financial Services
13.21% 0.00% 47.71% 69.00%
Consumer Cyclical
11.00% 0.00% 45.17% 30.24%
Consumer Defense
8.40% 0.00% 35.63% 34.54%
Utilities
6.42% 0.00% 18.14% 5.49%
Real Estate
6.28% 0.00% 54.83% 6.33%
Communication Services
4.90% 0.00% 29.84% 89.19%
Basic Materials
3.79% -0.14% 11.81% 14.36%
Energy
3.25% -1.47% 14.48% 22.47%

Stock Geographic Breakdown

Weighting Return Low Return High VADAX % Rank
US
98.22% 80.18% 157.79% 28.31%
Non US
1.90% -4.87% 18.41% 46.21%

Expenses

VADAX - Expenses

Operational Fees

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.01% 49.73% 80.45%
Management Fee 0.11% 0.00% 2.00% 9.86%
12b-1 Fee 0.25% 0.00% 1.00% 59.02%
Administrative Fee N/A 0.00% 0.95% N/A

Sales Fees

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 1.50% 5.75% 63.41%
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

VADAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 0.00% 438.00% 33.70%

Distributions

VADAX - Distributions

Dividend Yield Analysis

VADAX Category Low Category High VADAX % Rank
Dividend Yield 0.00% 0.00% 16.25% 98.34%

Dividend Distribution Analysis

VADAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

VADAX Category Low Category High VADAX % Rank
Net Income Ratio 1.55% -3.93% 3.34% 28.62%

Capital Gain Distribution Analysis

VADAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

VADAX - Fund Manager Analysis

Managers

Glen Murphy


Start Date

Tenure

Tenure Rank

Jun 25, 2010

10.02

10.0%

Glen Murphy is a portfolio manager with the Global Quantitative Equity team. Mr. Murphy joined Invesco in 1995 as a portfolio administrator and became a portfolio manager in 1998. Prior to joining Invesco, he was a manager in the fund accounting department at The Boston Company. Mr. Murphy earned a Bachelor of Arts degree in business administration from the University of Massachusetts at Amherst and a Master of Science degree in finance from Boston College. He is a CFA charter holder and a member of the Boston Security Analysts Society. He is also registered with the National Futures Association (NFA) as an associated person of Invesco and as a branch manager.

Daniel Tsai


Start Date

Tenure

Tenure Rank

Jun 25, 2010

10.02

10.0%

Daniel Tsai is a senior portfolio manager with the Global Quantitative Equity team. Prior to joining Invesco in 2000, Mr. Tsai worked for Ford Motor Co., which he joined in 1993 as a senior software developer and project leader. His group was responsible for developing in-house software tools for vehicle durability engineering analyses. Previously, he was a project manager/system manager from 1990 to 1993 at Optimal CAE Inc., a consulting firm serving the auto industry. He earned a Bachelor of Science degree in mechanical engineering from National Taiwan University and a Master of Science degree in mechanical engineering from the University of Michigan. He also earned a Master of Science degree in computer science at Wayne State University. Mr. Tsai is a CFA charterholder.

Anthony Munchak


Start Date

Tenure

Tenure Rank

Aug 20, 2010

9.87

9.9%

Anthony Munchak is a portfolio manager with the Global Quantitative Equity team. Prior to joining Invesco in 2000, Mr. Munchak was a portfolio manager at Guaranty Capital Corp. for two years. He also held a number of finance roles in his five years at Fidelity Investments. Prior to Fidelity, he was a registered representative at the investment banking firm of Fechtor, Detwiler & Co. in Boston. Mr. Munchak earned Bachelor of Science and Master of Science degrees in finance from Boston College. He also earned a Master of Business Administration degree from Bentley College. Mr. Munchak is a CFA charterholder and a member of the Boston Security Analysts Society.

Francis Orlando


Start Date

Tenure

Tenure Rank

Aug 20, 2010

9.87

9.9%

Francis Orlando is a portfolio manager with the Global Quantitative Equity team. Mr. Orlando began his investment career with Invesco in 1987. Prior to joining the Global Quantitative Equity team in 2001, he was a portfolio manager with the fixed income group. Mr. Orlando earned a Bachelor of Arts degree in business administration from Merrimack College and a Master of Business Administration degree from Boston University. He is a CFA charterholder and a member of the Boston Security Analysts Society.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.98 6.23 0.5