About ACETX
Invesco Equity and Income Fund Class Y is a mutual fund designed to provide investors with a balanced approach to income generation and capital growth. As a moderate allocation fund, it actively blends investments in large-cap value stocks, high-quality bonds, and convertible securities. The fund maintains at least 80% of its assets in equity and income-oriented securities, seeking to deliver a steady income stream while managing volatility through diversification across both asset classes. This structure allows the fund to participate in the growth potential of equities, particularly within the United States, while also offering defensive qualities through fixed income investments and convertibles.
The fund's strategy seeks to identify undervalued, well-established companies for its equity holdings and combines these with high-grade fixed income instruments and select convertible bonds to cushion against market downturns. With over 340 holdings, the portfolio is broadly diversified, and its sector exposure includes financial services, technology, industrials, and government securities. Invesco Equity and Income Fund Class Y has a longstanding track record, targeting current income as its primary objective, with capital appreciation as a secondary goal. Its role in the market is to serve investors who seek a balanced, moderate-risk solution capable of navigating various market environments.
Fund Family Invesco
Category Allocation--50% to 70% Equity
Performance Rating Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol ACETX
Share Class Class Y
Index Russell 1000 Value TR
ACETX had a total return of 12.30% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.43%.
