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INVESCO EQUITY AND INCOME FUND
mutual fund
IEIFX
Payout Change
Pending
Price as of:
$11.46
-0.06
-0.52%
primary theme
U.S. Growth/Balanced Allocation
share class
IEIFX (Mutual Fund)
INVESCO EQUITY AND INCOME FUND
Payout Change
Pending
Price as of:
$11.46
-0.06
-0.52%
primary theme
U.S. Growth/Balanced Allocation
share class
IEIFX (Mutual Fund)
INVESCO EQUITY AND INCOME FUND
Payout Change
Pending
Price as of:
$11.46
-0.06
-0.52%
primary theme
U.S. Growth/Balanced Allocation
share class
Name
As of 12/10/2024Price
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
15.7%
1 yr return
19.5%
3 Yr Avg Return
6.2%
5 Yr Avg Return
9.5%
Net Assets
$12.5 B
Holdings in Top 10
20.4%
52 WEEK LOW AND HIGH
$11.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.42%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 127.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
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
IEIFX - Profile
Distributions
- YTD Total Return 15.7%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.49%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameINVESCO EQUITY AND INCOME FUND
-
Fund Family NameINVESCOFDS
-
Inception DateSep 24, 2012
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSergio Marcheli
Fund Description
The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity and income securities, and in derivatives and other instruments that have economic characteristics similar to such securities.
The Fund may invest in securities of issuers of all capitalization sizes; however, under normal market conditions, it is currently expected that the Fund will invest a substantial percentage of its assets in large-capitalization issuers.
The Fund invests, under normal circumstances, a majority of its net assets in income-producing equity investments, including dividend paying common or preferred stocks, interest paying convertible debentures or bonds, or zero coupon convertible securities (on which the Fund accrues income for tax and accounting purposes, but receives no cash).
The Fund may invest in income-producing equity instruments, debt securities and warrants or rights to acquire such securities, in such proportions as economic conditions indicate would best accomplish the Fund’s objectives. It is the current operating policy of the Fund to invest in debt securities rated investment grade. This operating policy does not apply to convertible securities, which are selected primarily on the basis of their equity characteristics.
The Fund also invests in U.S. government obligations, including Treasury bills and notes, and obligations issued or guaranteed by the U.S. government or its agencies or instrumentalities.
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, which may include 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, to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated and to manage duration.
The Fund can use options to seek investmentreturn or to mitigate risk and to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated.
In selecting securities, the portfoliomanagers focus on a security’s potential for income with safety of principal and long-term growth of capital. The portfolio managers emphasize a value style of investing, which focuses on undervalued companies with characteristics for improved valuations. The portfolio managers look for catalysts for change that may positively impact a company. This catalyst could come from within the company in the form of new management, operational enhancements, restructuring or reorganization. It could also be an external factor, such as an improvement in industry conditions or a regulatory change. The aim is to uncover these catalysts for change, and then benefit from potential stock price appreciation of the change taking place at the company.
The Fund may dispose of a security when, in the opinion of the portfolio managers, the security reaches the portfolio managers’ estimate of its value or when the portfolio managers identify a more attractive investment opportunity.
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.
IEIFX - Performance
Return Ranking - Trailing
| Period | IEIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.7% | 2.8% | 27.3% | 54.67% |
| 1 Yr | 19.5% | 5.1% | 34.3% | 58.48% |
| 3 Yr | 6.2%* | -7.9% | 11.7% | 14.95% |
| 5 Yr | 9.5%* | 2.2% | 14.7% | 24.14% |
| 10 Yr | 7.5%* | 1.2% | 12.1% | 47.66% |
* Annualized
Return Ranking - Calendar
| Period | IEIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.5% | -6.9% | 29.3% | 95.83% |
| 2022 | -13.3% | -37.4% | -8.2% | 11.39% |
| 2021 | 3.5% | -9.8% | 25.4% | 76.81% |
| 2020 | 6.5% | -21.0% | 25.4% | 53.64% |
| 2019 | 12.7% | -8.3% | 27.9% | 60.63% |
Total Return Ranking - Trailing
| Period | IEIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.7% | 2.8% | 27.3% | 54.67% |
| 1 Yr | 19.5% | 5.1% | 34.3% | 58.48% |
| 3 Yr | 6.2%* | -7.9% | 11.7% | 14.95% |
| 5 Yr | 9.5%* | 2.2% | 14.7% | 24.14% |
| 10 Yr | 7.5%* | 1.2% | 12.1% | 47.66% |
* Annualized
Total Return Ranking - Calendar
| Period | IEIFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.3% | -0.9% | 33.0% | 85.42% |
| 2022 | -7.3% | -36.0% | -0.9% | 9.96% |
| 2021 | 18.4% | -7.8% | 33.9% | 18.84% |
| 2020 | 10.4% | -16.2% | 25.4% | 66.67% |
| 2019 | 20.1% | 7.3% | 34.8% | 70.47% |
NAV & Total Return History
IEIFX - Holdings
Concentration Analysis
| IEIFX | Category Low | Category High | IEIFX % Rank | |
|---|---|---|---|---|
| Net Assets | 12.5 B | 1.43 M | 120 B | 16.61% |
| Number of Holdings | 358 | 4 | 2696 | 16.96% |
| Net Assets in Top 10 | 2.57 B | 1.28 M | 27.7 B | 26.64% |
| Weighting of Top 10 | 20.41% | 19.7% | 118.4% | 98.27% |
Top 10 Holdings
- Invesco Treasury Portfolio, Institutional Class 2.86%
- U.S. Treasury Notes/Bonds 2.57%
- U.S. Treasury Notes/Bonds 2.51%
- Wells Fargo Co. 2.25%
- Bank of America Corp. 2.15%
- U.S. Treasury Notes/Bonds 1.81%
- U.S. Treasury Notes/Bonds 1.68%
- Exxon Mobil Corp. 1.57%
- Invesco Government Agency Portfolio, Institutional Class 1.56%
- Parker-Hannifin Corp. 1.46%
Asset Allocation
| Weighting | Return Low | Return High | IEIFX % Rank | |
|---|---|---|---|---|
| Stocks | 65.05% | 0.00% | 100.10% | 85.47% |
| Bonds | 29.66% | 0.00% | 102.71% | 6.92% |
| Convertible Bonds | 8.38% | 0.00% | 26.48% | 7.32% |
| Cash | 6.34% | 0.00% | 100.00% | 12.11% |
| Preferred Stocks | 0.54% | 0.00% | 16.57% | 7.61% |
| Other | -0.03% | -0.25% | 26.93% | 91.35% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IEIFX % Rank | |
|---|---|---|---|---|
| Financial Services | 22.00% | 0.28% | 52.80% | 6.62% |
| Healthcare | 18.33% | 0.00% | 36.30% | 5.57% |
| Technology | 11.55% | 3.31% | 52.93% | 83.97% |
| Industrials | 11.53% | 1.16% | 32.55% | 32.40% |
| Energy | 9.63% | 0.00% | 29.22% | 7.67% |
| Consumer Cyclical | 7.65% | 0.00% | 16.01% | 81.88% |
| Communication Services | 5.74% | 0.00% | 26.62% | 73.52% |
| Consumer Defense | 5.61% | 0.00% | 14.86% | 83.97% |
| Utilities | 2.79% | 0.00% | 31.67% | 61.32% |
| Basic Materials | 2.69% | 0.00% | 11.49% | 93.03% |
| Real Estate | 2.48% | 0.00% | 33.86% | 81.88% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IEIFX % Rank | |
|---|---|---|---|---|
| US | 62.52% | 0.00% | 100.10% | 76.12% |
| Non US | 2.53% | 0.00% | 21.17% | 18.69% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | IEIFX % Rank | |
|---|---|---|---|---|
| Corporate | 49.61% | 0.00% | 98.43% | 24.39% |
| Government | 28.60% | 0.00% | 99.71% | 46.69% |
| Cash & Equivalents | 6.34% | 0.00% | 99.25% | 13.84% |
| Securitized | 0.27% | 0.00% | 37.97% | 83.62% |
| Municipal | 0.12% | 0.00% | 17.02% | 47.39% |
| Derivative | -0.03% | -0.45% | 26.43% | 90.66% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | IEIFX % Rank | |
|---|---|---|---|---|
| US | 29.66% | 0.00% | 102.71% | 6.92% |
| Non US | 0.00% | 0.00% | 1.68% | 66.09% |
IEIFX - Expenses
Operational Fees
| IEIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.42% | 0.04% | 4.67% | 93.77% |
| Management Fee | 0.35% | 0.00% | 1.25% | 67.47% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.25% | N/A |
Sales Fees
| IEIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| IEIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 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.
| IEIFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 127.00% | 4.00% | 236.00% | 88.28% |
IEIFX - Distributions
Dividend Yield Analysis
| IEIFX | Category Low | Category High | IEIFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.04% | 0.00% | 10.22% | 2.08% |
Dividend Distribution Analysis
| IEIFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| IEIFX | Category Low | Category High | IEIFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.49% | -1.12% | 6.07% | 24.64% |
Capital Gain Distribution Analysis
| IEIFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 26, 2024 | $0.059 | OrdinaryDividend |
| Mar 28, 2024 | $0.056 | OrdinaryDividend |
| Dec 13, 2023 | $0.071 | OrdinaryDividend |
| Dec 13, 2023 | $0.494 | CapitalGainLongTerm |
| Sep 28, 2023 | $0.056 | OrdinaryDividend |
| Jun 22, 2023 | $0.056 | OrdinaryDividend |
| Mar 23, 2023 | $0.056 | OrdinaryDividend |
| Dec 14, 2022 | $0.552 | OrdinaryDividend |
| Sep 22, 2022 | $0.054 | OrdinaryDividend |
| Jun 23, 2022 | $0.043 | OrdinaryDividend |
| Mar 24, 2022 | $0.043 | OrdinaryDividend |
| Dec 14, 2021 | $1.470 | OrdinaryDividend |
| Sep 23, 2021 | $0.044 | OrdinaryDividend |
| Jun 24, 2021 | $0.045 | OrdinaryDividend |
| Mar 25, 2021 | $0.041 | OrdinaryDividend |
| Dec 11, 2020 | $0.216 | OrdinaryDividend |
| Sep 17, 2020 | $0.049 | OrdinaryDividend |
| Jun 18, 2020 | $0.048 | OrdinaryDividend |
| Mar 19, 2020 | $0.048 | OrdinaryDividend |
| Dec 13, 2019 | $0.087 | OrdinaryDividend |
| Dec 13, 2019 | $0.069 | CapitalGainShortTerm |
| Dec 13, 2019 | $0.383 | CapitalGainLongTerm |
| Sep 19, 2019 | $0.049 | OrdinaryDividend |
| Jun 20, 2019 | $0.049 | OrdinaryDividend |
| Mar 21, 2019 | $0.049 | OrdinaryDividend |
| Dec 14, 2018 | $0.108 | OrdinaryDividend |
| Dec 14, 2018 | $0.003 | CapitalGainShortTerm |
| Dec 14, 2018 | $0.595 | CapitalGainLongTerm |
| Sep 13, 2018 | $0.050 | OrdinaryDividend |
| Jun 21, 2018 | $0.050 | OrdinaryDividend |
| Mar 22, 2018 | $0.050 | OrdinaryDividend |
| Dec 13, 2017 | $0.118 | OrdinaryDividend |
| Dec 13, 2017 | $0.002 | CapitalGainShortTerm |
| Dec 13, 2017 | $0.513 | CapitalGainLongTerm |
| Sep 14, 2017 | $0.050 | OrdinaryDividend |
| Jun 15, 2017 | $0.050 | OrdinaryDividend |
| Mar 16, 2017 | $0.050 | OrdinaryDividend |
| Dec 13, 2016 | $0.070 | OrdinaryDividend |
| Dec 13, 2016 | $0.010 | CapitalGainShortTerm |
| Dec 13, 2016 | $0.284 | CapitalGainLongTerm |
| Sep 15, 2016 | $0.051 | OrdinaryDividend |
| Jun 16, 2016 | $0.051 | OrdinaryDividend |
| Mar 17, 2016 | $0.051 | OrdinaryDividend |
| Sep 17, 2015 | $0.052 | OrdinaryDividend |
| Jun 18, 2015 | $0.053 | OrdinaryDividend |
| Mar 19, 2015 | $0.053 | OrdinaryDividend |
| Dec 12, 2014 | $0.167 | OrdinaryDividend |
| Dec 12, 2014 | $0.073 | CapitalGainShortTerm |
| Dec 12, 2014 | $0.874 | CapitalGainLongTerm |
| Sep 18, 2014 | $0.057 | OrdinaryDividend |
| Jun 19, 2014 | $0.057 | OrdinaryDividend |
| Mar 20, 2014 | $0.056 | OrdinaryDividend |
| Dec 13, 2013 | $0.080 | OrdinaryDividend |
| Dec 13, 2013 | $0.586 | CapitalGainLongTerm |
| Sep 19, 2013 | $0.056 | OrdinaryDividend |
| Jun 20, 2013 | $0.056 | OrdinaryDividend |
| Mar 21, 2013 | $0.056 | OrdinaryDividend |
| Dec 07, 2012 | $0.084 | OrdinaryDividend |
IEIFX - Fund Manager Analysis
Managers
Sergio Marcheli
Start Date
Tenure
Tenure Rank
Apr 30, 2003
19.1
19.1%
Sergio Marcheli is a portfolio manager for Invesco large-cap relative value strategies. Mr. Marcheli joined Invesco in 2010. Formerly, Mr. Marcheli was associated with Morgan Stanley Investment Management Inc. in an investment management capacity (2002 to 2010). And before joining Morgan Stanley, he was a portfolio specialist for the U.S. large-cap relative value products at Van Kampen, which he joined in 1995. He earned a Bachelor of Business Administration degree from the University of Houston and a Master of Business Administration degree from the University of St. Thomas.
Charles Burge
Start Date
Tenure
Tenure Rank
Feb 12, 2010
12.3
12.3%
Chuck Burge is a Senior Portfolio Manager with Invesco Fixed Income. Mr. Burge joined Invesco in 2002 as a portfolio manager and has held various positions with increased responsibility within the Taxable Investment team. He assumed fund management responsibilities in 2009. Prior to joining Invesco, Mr. Burge spent seven years with Criterion Investment Management. He entered the industry in 1993. Mr. Burge earned a BS degree in economics from Texas A&M University. He also earned an MBA in finance and accounting from Rice University.
Brian Jurkash
Start Date
Tenure
Tenure Rank
Dec 18, 2015
6.45
6.5%
Brian Jurkash is a Portfolio Manager with the Growth and Income/Equity and Income team. Mr. Jurkash entered the industry when he joined Invesco in 2000. Prior to his current position, he worked on the Mid-Cap Growth team and the Quantitative Research team. Mr. Jurkash earned his BBA degree in finance from Stephen F. Austin State University and an MBA in finance from the University of Houston.
Matthew Titus
Start Date
Tenure
Tenure Rank
Jan 25, 2016
6.35
6.4%
Matthew Titus is a Portfolio Manager for the Invesco large-cap relative value strategies. Mr. Titus began his career in the financial industry in 2002 and joined Invesco in 2016.From 2004 to 2016, he was employed by American Century Investments, where he served as co-manager of the firm's relative value fund and most recently served as lead manager of such fund. Previously, he was with American Century Investments, where he helped manage the firm’s relative value fund since 2004 and was lead manager since January 2015. Before joining American Century in 2004, he was an equity research analyst for Banc One Investment Advisors, where he provided coverage for small-cap, mid-cap and large-cap value portfolio and teams. Mr. Titus earned a bachelor's degree in accounting and economics from Luther College in Decorah, Iowa, and an MBA from Ohio State University. He is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 38.44 | 7.38 | 2.41 |
