Best Invesco Mutual Funds 2013As one of the popular fund family, Invesco has over $580 billion of assets under management. Invesco is also one of the world’s largest and most diversified investment management firms. It has disciplined investment process, based on insight gathered through on the ground research in over 13 countries.
Invesco offers investment opportunity in equity, fixed income and cash management based strategies. It also provides investment in closed end funds and exchange traded funds. It also offers alternative holdings such as real estate, precious metals, commodities and natural resources.
These best mutual funds are sorted based on its performance and quality. I have provided a review of my favorite funds. You can find various funds to invest in as well. Please check the fund prospectus for investment risk, fund details, etc.
The 25 best Invesco mutual funds for 2013 are:
- Invesco Balanced-Risk Allocation Fund
- Invesco European Small Company Fund
- Invesco Balanced-Risk Retire 2030 Fund
- Invesco High Yield Municipal Fund
- Invesco Diversified Dividend Fund
- Invesco International Growth Fund
- Invesco Developing Markets Fund
- Invesco SmallCapValue Fund
- Invesco Corporate Bond Fund
- Invesco Equally-Weighted S&P 500 Fund
- Invesco Select Companies Fund
- Invesco Asia Pacific Growth Fund
- Invesco Global Real Estate Income Fund
- Invesco European Growth Fund
- Invesco International Small Company Fund
- Invesco Gold & Precious Metals Fund
- Invesco International Allocation Fund
- Invesco Endeavor Fund
- Invesco Balanced-Risk Retire 2020 Fund
- Invesco Balanced-Risk Retire 2040 Fund
- Invesco Balanced-Risk Retire 2050 Fund
- Invesco Equity and Income Fund
- Invesco Comstock Fund
- Invesco American Franchise Fund
- Invesco Growth and Income Fund
Invesco Balanced-Risk Allocation Fund (ABRZX)
This Invesco Balanced-Risk Allocation Fund utilizes its assets to purchase derivative instruments and other financially-linked instruments whose performance is expected to resemble the U.S. and international fixed income, equity and commodity markets. It has yield of 2.23%. This class A fund has a sales load of 5.50%. The expense ratio is 1.10%.More: Best PIMCO Mutual Funds for 2014
As one of the best Invesco mutual funds for 2013, it has returned 8.48% over the past 1 year, and 12.80% over the past 3 year. It is ranked with 5 star rating by Morningstar. The current shares price is $12.68.
Invesco European Small Company Fund (ESMAX)
The Invesco European Small Company Fund invests most of its assets in stocks of small European companies. This Europe stock mutual fund has a dividend yield of 1.17%. The total assets are $171 million. The portfolio turnover rate is 20%. The fund managers are Jason T. Holzer and Borge Endresen. The 3 year beta risk is 0.92.
To purchase this best mutual fund for 2013, you need $1,000 initial funding. It is available to purchase from 121 brokerages. Some of the brokerages are Schwab, Td Ameritrade Inc, Firstrade, H&R Block Financial Advisors Inc, TIAA-CREF Brokerage Services, etc.
In 2012, this international stock fund has an YTD return of 31.04%. The top 3 stocks are DCC Plc, Aryzta AG, and Prosafe SE. The top 2 sectors are industrials (43.75%), and consumer cyclical (16.84%).
Invesco Balanced-Risk Retirement 2030 Fund (TNAAX)
Invesco Balanced-Risk Retirement 2030 Fund objective is to provide total return with a low to moderate correlation to traditional financial market indices. It has a yield of 3.79%. The total assets are only $129 million. The risk rating is considered as low. Its annual expense ratio is 1.12%.
More: Top Mutual Funds for 2013
This top mutual fund has a 5 year average return of 4.19%. The fund performance for the past 5 years is listed below.
- Year 2012: 10.55%
- Year 2011: 10.17%
- Year 2010: 13.06%
- Year 2009: 26.76%
- Year 2008: -33.64%
This Invesco High Yield Municipal Fund focuses its assets in non-investment grade municipal bonds. The interest income that you received is exempted from federal income tax. The 12-month yield is 5.56%. Its expense ratio is 0.85%. The top 3 sectors are health, industrial, and state & local general obligation.Invesco Diversified Dividend Fund (LCEAX)
Invesco Diversified Dividend Fund invests majority of assets in dividend-paying equity securities. This Invesco mutual fund is managed by Meggan M. Walsh and Jonathan Harrington. It also has a sales load of 5.50%. The total assets are $5.9 billion. The annual expense ratio is 0.91%.
As one of the best Invesco mutual funds for 2013, it is ranked with silver rating by Morningstar. Its 5 year annualized return is 5.57%. In 2012, the total 1 year return is 17.17%. This large value mutual fund has a NAV of $14.28.
As of January 2013, the top 3 stocks are SunTrust Bank Inc, General Mills Inc, and Heineken NV. The top 2 sectors are consumer defensive and financial services.
Invesco Corporate Bond Fund (ACCBX)
The Invesco Corporate Bond Fund also has a high yield of 4.09%. It invests mainly in a portfolio of corporate debts or bonds. The sales load is quite high, 4.75%. The annual expense ratio is 0.92%. Its assets are $1 billion. The fund shares price is $7.21.
More: Best American Funds 2013
This best mutual fund 2013 has a high risk rating. The average effective duration is 7.33 years and the average effective maturity is 10.48 years. This bond fund has returned 7.98% over the past a year, 7.89% over the past 3 year, and 6.82% over the past 5 year.
Disclosure: No Position
Fund Information
| No | Fund Desciption | Category | Rating | Assets (M) |
|---|---|---|---|---|
| 1 | Invesco Balanced-Risk Allc A | World Allocation | 5 | 4267.66 |
| 2 | Invesco European Small Company A | Europe Stock | 5 | 105.07 |
| 3 | Invesco Balanced-Risk Retire 2030 A | Target Date 2026-2030 | 5 | 44.56 |
| 4 | Invesco High Yield Muni A | High Yield Muni | 4 | 4960.46 |
| 5 | Invesco Diversified Dividend A | Large Value | 4 | 2718.57 |
| 6 | Invesco International Growth A | Foreign Large Growth | 4 | 2307.91 |
| 7 | Invesco Developing Markets A | Diversified Emerging Mkts | 4 | 1470.86 |
| 8 | Invesco SmallCapValue A | Small Value | 4 | 1368.46 |
| 9 | Invesco Corporate Bond A | Intermediate-Term Bond | 4 | 879.6 |
| 10 | Invesco Equally-Wtd S&P 500 A | Large Blend | 4 | 821.37 |
| 11 | Invesco Select Companies A | Small Blend | 4 | 749.06 |
| 12 | Invesco Asia Pacific Growth A | Pacific/Asia ex-Japan Stk | 4 | 530.04 |
| 13 | Invesco Global Real Estate Income A | Global Real Estate | 4 | 504.34 |
| 14 | Invesco European Growth A | Europe Stock | 4 | 397.12 |
| 15 | Invesco International Small Company A | Foreign Small/Mid Blend | 4 | 306.85 |
| 16 | Invesco Gold & Precious Metals A | Equity Precious Metals | 4 | 184.48 |
| 17 | Invesco International Allocation A | Foreign Large Blend | 4 | 129.69 |
| 18 | Invesco Endeavor A | Mid-Cap Blend | 4 | 119.06 |
| 19 | Invesco Balanced-Risk Retire 2020 A | Target Date 2016-2020 | 4 | 48.9 |
| 20 | Invesco Balanced-Risk Retire 2040 A | Target Date 2036-2040 | 4 | 33.75 |
| 21 | Invesco Balanced-Risk Retire 2050 A | Target Date 2046-2050 | 4 | 15.03 |
| 22 | Invesco Equity and Income A | Moderate Allocation | 3 | 8127.77 |
| 23 | Invesco Comstock A | Large Value | 3 | 5662.22 |
| 24 | Invesco American Franchise A | Large Growth | 3 | 4743.28 |
| 25 | Invesco Growth and Income A | Large Value | 3 | 4397.02 |
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