3 Top Invesco Funds to Grab Today

Founded in 1978, Invesco Ltd had preliminary assets under management of $1,184.4 billion as of Sep 30, 2019. With nearly 750 investment professionals and more than 8,000 employees, the company offers a wide range of financial services through 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 Multi-Asset Income Fund Class Y PIYFX aims for current income. The fund achieves its investment objective by actively allocating its assets across multiple income-producing asset classes and strategies. The Adviser's Global Asset Allocation team deploys the fund's investment strategy and tactically adjusts the fund's portfolio through direct investments. Invesco Multi-Asset Income Fund Class Y has three-year annualized returns of 5.9%.

PIYFX has an expense ratio of 0.61% compared with the category average of 0.81%.

Invesco Corporate Bond Fund Class Y ACCHX seeks current income through preservation of capital. ACCHX invests a large share of its assets in bonds issued by corporate issuers. The fund is expected to invest a minimum of 65% of its assets in securities that are rated investment-grade. ACCHX has three-year annualized returns of 5%.

As of June 2019, ACCHX held 692 issues, with 1.87% of its assets invested in United States Treasury Bonds 3%.

Invesco Health Care Fund Class Y GGHYX seeks capital appreciation over a long period of time. The fund invests the majority of its assets in securities of companies that operate in the healthcare industry. It may invest in securities of companies across all market capitalizations. GGHYX has three-year annualized returns of 6.7%.

Henry Wu is a fund manager of GGHYX since 2017.

To view the Zacks Rank and past performance of all Invesco mutual funds, investors can click here to see the complete list of funds.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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