About ACGLX
The Invesco Growth and Income Fund Class R is an open-end mutual fund designed to deliver total return through a combination of capital appreciation and current income. Its investment strategy focuses on large-cap U.S. companies that are considered undervalued by the market, aiming to identify stocks positioned for both growth potential and stable income. The fund maintains a diversified portfolio, with top holdings in the financial, technology, industrial, healthcare, and consumer sectors. Major portfolio components include companies such as Wells Fargo, Bank of America, Amazon, Microsoft, and Johnson & Johnson, among others. The fund is actively managed, typically holding around 70 securities and balancing investments across various industries to mitigate risk. It may allocate up to 15% of its assets to real estate investment trusts and up to 25% to foreign securities, broadening its scope beyond traditional equities. The Invesco Growth and Income Fund Class R targets investors seeking a blend of value and income objectives within a large-cap framework, making it a noteworthy participant in the large value category of U.S. mutual funds.
Fund Family Invesco
Category Large Value
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol ACGLX
Share Class Class R
Index Russell 1000 Value TR
ACGLX had a total return of 16.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.36%.
