About ACGIX
The Invesco Growth and Income Fund Class A is a large value mutual fund focused on achieving a total return through both capital appreciation and current income. Its strategy involves actively managing a diversified portfolio, primarily consisting of income-producing equity securities such as common stocks and convertible securities. The fund typically invests in large, well-established companies that are perceived to be undervalued and may be poised to benefit from positive business developments. Its portfolio is concentrated in sectors like financial services, technology, industrials, consumer cyclical, consumer defensive, and healthcare, with top holdings in companies such as Wells Fargo, Bank of America, Amazon, and Microsoft.
Serving investors seeking a balance of growth and income, the fund employs a bottom-up stock selection approach to identify opportunities among large-cap U.S. companies. With an experienced management team and a history dating back to 1946, the fund plays a significant role in the market by targeting stable, high-quality businesses with attractive valuations. Dividends are distributed quarterly, and the fund is categorized within the large value segment, making it a core holding for those aiming to combine long-term growth potential and regular income distributions.
Fund Family Invesco
Category Large Value
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ACGIX
Share Class Class A
Index Russell 1000 Value TR
ACGIX had a total return of 19.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.92%.
