Invesco Summit Fund Class A (ASMMX)
Fund Assets | 3.36B |
Expense Ratio | 1.00% |
Min. Investment | $1,000 |
Turnover | 57.00% |
Dividend (ttm) | 0.60 |
Dividend Yield | 1.90% |
Dividend Growth | n/a |
Payout Frequency | n/a |
Ex-Dividend Date | Dec 16, 2024 |
Previous Close | 29.99 |
YTD Return | 3.72% |
1-Year Return | 11.19% |
5-Year Return | 75.48% |
52-Week Low | 21.86 |
52-Week High | 30.67 |
Beta (5Y) | n/a |
Holdings | 69 |
Inception Date | Oct 31, 2005 |
About ASMMX
Invesco Summit Fund Class A is a mutual fund focused on achieving long-term capital growth by investing primarily in equity securities across all market capitalizations. The fund's strategy emphasizes identifying companies with sustainable growth in revenue, earnings, and cash flow—particularly those whose growth potential is not fully reflected in current stock prices or valuations. Its portfolio is heavily tilted toward large-cap growth names, with substantial allocations to leading technology and consumer companies such as Nvidia, Microsoft, Amazon, Meta Platforms, Apple, and Alphabet. This diversified approach enables the fund to capture growth opportunities across multiple sectors, including technology, communication services, healthcare, and financials. The fund is benchmarked against the Russell 1000 Growth Total Return Index, highlighting its focus on high-growth equities. With over $3 billion in total assets and a portfolio concentrated in industry leaders, Invesco Summit Fund Class A plays a significant role for investors seeking exposure to dynamic, growth-oriented stocks in the broader equity market.
Performance
ASMMX had a total return of 11.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.51%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Symbol | Provider | Name | Expense Ratio |
---|---|---|---|
FACGX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class C | 1.49% |
FAGOX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class M | 0.99% |
FAGCX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class I | 0.49% |
FZAHX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class Z | 0.37% |
FAGAX | Fidelity | Fidelity Advisor Growth Opportunities Fund - Class A | 0.74% |
Top 10 Holdings
51.43% of assetsName | Symbol | Weight |
---|---|---|
NVIDIA Corporation | NVDA | 9.81% |
Microsoft Corporation | MSFT | 8.18% |
Amazon.com, Inc. | AMZN | 7.01% |
Meta Platforms, Inc. | META | 6.08% |
Apple Inc. | AAPL | 4.31% |
Broadcom Inc. | AVGO | 3.92% |
Mastercard Incorporated | MA | 3.46% |
Netflix, Inc. | NFLX | 3.29% |
Alphabet Inc. | GOOG | 3.07% |
Tesla, Inc. | TSLA | 2.29% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 16, 2024 | $0.5999 | Dec 16, 2024 |
Dec 16, 2022 | $1.6577 | Dec 16, 2022 |
Dec 16, 2021 | $5.4571 | Dec 16, 2021 |
Dec 15, 2020 | $0.2901 | Dec 15, 2020 |
Dec 13, 2019 | $1.865 | Dec 13, 2019 |
Dec 14, 2018 | $2.1064 | Dec 14, 2018 |