Invesco Summit Fund Class Y (ASMYX)
| Fund Assets | 3.36B |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | 57.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 1.93% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 30.85 |
| YTD Return | 4.51% |
| 1-Year Return | 12.16% |
| 5-Year Return | 78.80% |
| 52-Week Low | 22.77 |
| 52-Week High | 31.91 |
| Beta (5Y) | n/a |
| Holdings | 69 |
| Inception Date | Oct 3, 2008 |
About ASMYX
Invesco Summit Fund Class Y is a mutual fund that seeks long-term capital appreciation by investing primarily in equity securities across the full spectrum of market capitalizations. Its primary objective is to identify and invest in growth-oriented companies that demonstrate sustainable revenue, earnings, and cash flow growth not yet fully reflected in their valuations. The fund employs rigorous research and disciplined portfolio construction, typically maintaining a diversified basket of about 65 holdings and limiting sector weightings relative to its benchmark, the Russell 1000 Growth Index. Notable positions include major technology leaders such as NVIDIA, Amazon, Microsoft, Meta Platforms, and Apple, reflecting its focus on innovative sectors driving compound growth. The fund also maintains a responsible investment approach by avoiding companies whose main business involves alcohol, tobacco, or gambling. Managed by an experienced team with deep industry expertise, Invesco Summit Fund Class Y plays a significant role in the large growth category, serving investors seeking exposure to established and emerging growth companies in both domestic and international markets.
Performance
ASMYX had a total return of 12.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.29%.
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 assets| Name | 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 |