With more than $1,197.8 billion of assets under management (as of Jun 30, 2019), Invesco Ltd offers financial solutions through a diverse set of investment vehicles across major equity, fixed income and alternative asset classes.
This top notch global investment management company caters to a wide range of mutual funds, including both equity and fixed income funds, and domestic and international funds. The company has more than 6,500 investment professionals and employees, and offers financial services worldwide through offices located in 20 countries.
Below we share with you four top-ranked Invesco mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong 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 Oppenheimer Gold & Special Minerals Fund Class A OPGSX aims for capital growth. The fund invests the majority of its assets in common stocks of companies that are involved in activities in the mining of precious metals. These activities could include mining, and processing of gold and/or other metals and/or minerals. OPGSX has returned 38.6% on a year-to-date basis.
OPGSX has an expense ratio of 1.17% as compared with the category average of 1.39%.
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 all market capitalizations. GGHYX has returned 12.9% on a year-to-date basis.
Henry Wu is a fund manager of GGHYX since 2017.
Invesco Oppenheimer Discovery Fund Class A OPOCX aims for capital growth. The fund invests the majority of its assets in common stocks of American companies that its managers consider as having good potential for growth. It mostly focuses on stocks of small-capitalization companies. OPOCX has returned 32.6% on a year-to-date basis.
OPOCX has an expense ratio of 1.08% as compared with the category average of 1.23%.
Invesco Small Cap Value Fund Class A VSCAX seeks long-term capital appreciation. The fund invests the majority of its assets in securities of small-capitalization companies with a focus on common stocks. Its advisor mostly seeks out undervalued small-capitalization companies. VSCAX has returned 13.5% on a year-to-date basis.
As of June 2019, VSCAX held 68 issues, with 4.53% of its assets invested in AECOM.
To view the Zacks Rank and past performance of all Invesco mutual funds, investors can click here to see the complete list of 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 (GGHYX): Fund Analysis Report
Get Your Free (OPOCX): Fund Analysis Report
Get Your Free (VSCAX): Fund Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.