3 Invesco Mutual Funds for Marvellous Returns
Founded in 1978, Invesco Ltd. had preliminary $1.4 trillion assets under management as of Mar 31, 2021. With nearly 750 investment professionals and more than 8,000 employees, the company offers a wide range of financial services through its offices in 25 countries.
This renowned global investment management company offers financial solutions through a diverse set of investment vehicles across major equity, fixed income and alternative asset classes. Mutual funds managed by the company include both equity and fixed income funds, and domestic and international funds.
Below we share with you three top-ranked Invesco mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) or #2 (Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds, their Zacks Rank and past performance.
Invesco Gold & Special Minerals Fund Class A OPGSX aims for capital appreciation. The fund managers invest in common stocks of companies involved in mining, processing or dealing in gold or other metals or minerals, gold bullion, other physical metals, and precious-metal-related ETFs. OPGSX has returned 19.4% in the past three years.
Shanquan Li is one of the fund managers of OPGSX since 1997.
Invesco Corporate Bond Fund Class A ACCBX aims primarily for current income with preservation of capital, while capital appreciation is secondary. The fund invests the majority of its net assets in corporate bonds, and in derivatives and other instruments. The fund manager can also invest 65% to 100% of net assets in investment grade securities, and securities issued or guaranteed by the U.S. government.
ACCBX has three-year annualized returns of 7%. As of the end of March 2021, ACCBX held 866 issues, with 1.3% of its total assets invested in Corning Incorporated 5.45%.
Invesco Emerging Markets Select Equity Fund Class Y IEMYX aims for long-term capital growth. The fund invests the majority of its assets in equity securities of issuers in the emerging markets countries. It invests primarily in equity securities and depositary receipts, and common as well as preferred stocks. IEMYX has three-year annualized returns of 7.2%.
IEMYX has an expense ratio of 1.09% compared with the category average of 1.23%.
To view the Zacks Rank and past performance of all Invesco mutual funds, investors can click here to see the complete list of Invesco funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Get Your Free (OPGSX): Fund Analysis Report
Get Your Free (IEMYX): Fund Analysis Report
Get Your Free (ACCBX): Fund Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
