About ACSTX
Invesco Comstock Fund Class A is an open-end mutual fund focused on U.S. equity investments, employing a value-oriented strategy to seek total return through both capital growth and current income. The fund primarily targets well-established, undervalued large-cap companies, allocating at least 80% of its net assets to common stocks and similar instruments. It adopts a benchmark-agnostic, bottom-up stock selection process with an emphasis on identifying deeply undervalued opportunities across diverse industry sectors, such as diversified and regional banks, pharmaceuticals, technology, and energy. Notable current holdings include companies like Bank of America, Wells Fargo, and Microsoft. The fund is co-managed by Invesco's global teams and seeks to outperform broad value indices like the Russell 1000 Value Index. With a long-term investment approach since its inception in 1968, the fund aims to deliver consistent, risk-adjusted returns, and provides quarterly income distributions, making it a prominent choice within the large value category of mutual funds.
Fund Family Invesco
Category Large Value
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ACSTX
Share Class Class A
Index Russell 1000 Value TR
ACSTX had a total return of 20.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.87%.
