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Trending ETFs

Name

As of 06/21/2024

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

$24.85

$4.11 B

0.63%

$0.16

0.85%

Vitals

YTD Return

12.0%

1 yr return

34.8%

3 Yr Avg Return

13.6%

5 Yr Avg Return

19.9%

Net Assets

$4.11 B

Holdings in Top 10

27.6%

52 WEEK LOW AND HIGH

$24.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.85%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 71.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

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

$24.85

$4.11 B

0.63%

$0.16

0.85%

VSMIX - Profile

Distributions

  • YTD Total Return 12.0%
  • 3 Yr Annualized Total Return 13.6%
  • 5 Yr Annualized Total Return 19.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.49%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    INVESCO SMALL CAP VALUE FUND
  • Fund Family Name
    INVESCOFDS
  • Inception Date
    Aug 12, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jonathan Mueller

Fund Description

The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of small capitalization companies, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund focuses on equity securities of small capitalization companies that Invesco Advisers, Inc. (Invesco or the Adviser), the Fund’s investment adviser, believes are undervalued. The principal type of equity security in which the Fund invests is common stock.
The Fund considers a small-capitalization company to be one that has a market capitalization, at the time of purchase, no larger than the market capitalization of the largest capitalized company included in the Russell 2000® Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. A company’s “market capitalization” is the value of its outstanding stock.
The Fund may invest up to 15% of its net assets in real estate investment trusts (REITs).
The Fund may invest up to 25% of its net assets in securities of foreign issuers, including securities of issuers located in emerging market countries, i.e., those that are generally in the early stages of their industrial cycles, and depositary receipts.
The Fund can invest in derivative instruments including forward foreign currency contracts, futures 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 futures contracts to seek exposure to certain asset classes.
The Fund can use options to seek investment return or to mitigate risk.
The Fund emphasizes a value style of investing. In selecting securities, the portfolio managers emphasize the following characteristics, although not all investments will have these attributes:
◾ 
Buy businesses trading at a significant discount to the portfolio managers’ estimate of intrinsic value. The portfolio managers believe intrinsic value represents the fair economic worth of the business.
◾ 
Emphasize quality businesses with potential to grow intrinsic value over time. The portfolio managers primarily seek established issuers which they believe have solid growth prospects, the ability to earn an attractive return on invested capital and a management team that exhibits intelligent capital allocation skills.
The portfolio managers will consider selling a security if a more attractive investment opportunity is identified, if a security is trading near or above the portfolio managers’ estimate of intrinsic value or if there is a fundamental deterioration in business prospects that results in inadequate upside potential to estimated intrinsic value.
The portfolio managers seek to achieve strong long-term performance by constructing a diversified portfolio that they believe offers value content greater than the broad market, as measured by the portfolio’s aggregate discount to the portfolio managers’ estimated intrinsic value of the portfolio. The investment process is fundamental in nature and focused on individual issuers as opposed to macroeconomic forecasts or specific industry exposure. The portfolio construction process is intended to preserve and grow the estimated intrinsic value of the Fund’s portfolio rather than mirror the composition or sector weights of any benchmark.
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VSMIX - Performance

Return Ranking - Trailing

Period VSMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.0% -11.6% 12.0% 0.46%
1 Yr 34.8% -2.5% 35.0% 0.46%
3 Yr 13.6%* -17.8% 62.7% 1.92%
5 Yr 19.9%* -3.5% 49.3% 1.55%
10 Yr 9.2%* -4.1% 26.0% 3.29%

* Annualized

Return Ranking - Calendar

Period VSMIX Return Category Return Low Category Return High Rank in Category (%)
2023 17.5% -6.0% 33.6% 14.42%
2022 -4.7% -36.7% 212.9% 2.57%
2021 17.4% -62.0% 147.6% 57.59%
2020 10.7% -24.8% 31.3% 9.88%
2019 29.2% -21.7% 34.0% 4.15%

Total Return Ranking - Trailing

Period VSMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.0% -11.6% 12.0% 0.46%
1 Yr 34.8% -2.5% 35.0% 0.46%
3 Yr 13.6%* -17.8% 62.7% 1.92%
5 Yr 19.9%* -3.5% 49.3% 1.55%
10 Yr 9.2%* -4.1% 26.0% 3.29%

* Annualized

Total Return Ranking - Calendar

Period VSMIX Return Category Return Low Category Return High Rank in Category (%)
2023 23.2% 1.8% 35.4% 7.55%
2022 4.6% -36.7% 250.0% 1.87%
2021 36.8% -3.0% 157.9% 16.87%
2020 11.1% -13.5% 33.4% 10.12%
2019 32.4% -1.5% 34.3% 4.92%

NAV & Total Return History


VSMIX - Holdings

Concentration Analysis

VSMIX Category Low Category High VSMIX % Rank
Net Assets 4.11 B 2.13 M 52.9 B 14.61%
Number of Holdings 98 10 1578 56.16%
Net Assets in Top 10 1.05 B 180 K 3.25 B 11.64%
Weighting of Top 10 27.63% 5.0% 92.1% 27.92%

Top 10 Holdings

  1. Invesco Private Prime Fund 4.61%
  2. Lumentum Holdings Inc. 3.09%
  3. Coherent Corp. 2.85%
  4. Expedia Group, Inc. 2.65%
  5. Western Alliance Bancorporation 2.59%
  6. Pinnacle Financial Partners, Inc. 2.56%
  7. Vertiv Holdings Co. 2.49%
  8. Huntington Bancshares Inc. 2.29%
  9. Webster Financial Corp. 2.25%
  10. NRG Energy, Inc. 2.24%

Asset Allocation

Weighting Return Low Return High VSMIX % Rank
Stocks
97.85% 2.46% 104.11% 62.79%
Cash
8.63% 0.00% 41.08% 10.73%
Other
0.05% -3.30% 39.58% 27.63%
Preferred Stocks
0.00% 0.00% 2.10% 65.98%
Convertible Bonds
0.00% 0.00% 2.63% 64.58%
Bonds
0.00% 0.00% 78.84% 65.53%

Stock Sector Breakdown

Weighting Return Low Return High VSMIX % Rank
Industrials
35.47% 0.65% 48.61% 1.87%
Energy
15.78% 0.00% 29.42% 6.07%
Financial Services
11.08% 0.00% 35.71% 91.82%
Consumer Cyclical
8.25% 0.00% 51.62% 81.54%
Technology
7.86% 0.00% 34.03% 63.55%
Basic Materials
7.78% 0.00% 67.30% 13.79%
Healthcare
6.64% 0.00% 25.76% 46.50%
Consumer Defense
4.39% 0.00% 13.22% 39.25%
Utilities
2.75% 0.00% 13.86% 41.36%
Real Estate
0.00% 0.00% 44.41% 99.07%
Communication Services
0.00% 0.00% 24.90% 97.20%

Stock Geographic Breakdown

Weighting Return Low Return High VSMIX % Rank
US
87.78% 2.46% 104.11% 95.66%
Non US
10.07% 0.00% 76.26% 2.05%

VSMIX - Expenses

Operational Fees

VSMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.05% 37.04% 84.25%
Management Fee 0.64% 0.00% 1.50% 18.99%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.35% 85.04%

Sales Fees

VSMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VSMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

VSMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 71.00% 7.00% 252.00% 77.23%

VSMIX - Distributions

Dividend Yield Analysis

VSMIX Category Low Category High VSMIX % Rank
Dividend Yield 0.63% 0.00% 14.14% 30.59%

Dividend Distribution Analysis

VSMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Annual

Net Income Ratio Analysis

VSMIX Category Low Category High VSMIX % Rank
Net Income Ratio 0.49% -1.43% 4.13% 45.33%

Capital Gain Distribution Analysis

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

Distributions History

View More +

VSMIX - Fund Manager Analysis

Managers

Jonathan Mueller


Start Date

Tenure

Tenure Rank

Jun 25, 2010

11.94

11.9%

Jonathan Mueller is a portfolio manager for Invesco small-cap value products. Jonathan Mueller joined Invesco in 2001. Mr. Mueller served as a senior equity analyst before being promoted to portfolio manager in 2009. He was an audit senior for Arthur Andersen LLP from 1997 to 1999. Mr. Mueller earned a Bachelor of Business Administration degree in accounting from Texas Christian University and a Master of Business Administration degree in finance from The University of Texas at Austin. He is a Certifi ed Public Accountant and a CFA charterholder.

Jonathan Edwards


Start Date

Tenure

Tenure Rank

Jun 25, 2010

11.94

11.9%

Jonathan Edwards is a portfolio manager for Invesco small-cap value products. Mr. Edwards entered the fi nancial industry in 1993. He joined Invesco in 2001 as a corporate associate, working with various fund managers throughout Invesco. He previously worked as a credit analyst with Bank of America. Mr. Edwards earned a Bachelor of Science degree in economics, summa cum laude, from Texas A&M University and a Master of Business Administration degree from the McCombs School of Business at The University of Texas at Austin. He is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 37.45 8.2 3.58