Invesco Convertible Securities Fund Class A (CNSAX)
| Fund Assets | 694.14M |
| Expense Ratio | 0.94% |
| Min. Investment | $1,000 |
| Turnover | 87.00% |
| Dividend (ttm) | 0.85 |
| Dividend Yield | 3.15% |
| Dividend Growth | 128.12% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2025 |
| Previous Close | 25.51 |
| YTD Return | 7.80% |
| 1-Year Return | 14.34% |
| 5-Year Return | 43.41% |
| 52-Week Low | 21.46 |
| 52-Week High | 25.56 |
| Beta (5Y) | n/a |
| Holdings | 125 |
| Inception Date | Jul 28, 1997 |
About CNSAX
The Invesco Convertible Securities Fund Class A is an actively managed mutual fund focused on convertible securities—financial instruments that combine features of both bonds and stocks. The fund’s primary objective is to deliver total return through a balanced approach of capital growth and current income. To achieve this, it invests at least 80% of its net assets in convertible securities, such as convertible bonds and convertible preferred stocks, which provide investors with the opportunity to participate in equity market upside while maintaining the downside resilience of fixed income instruments. This fund is diversified across a broad array of industries, with notable allocations in sectors like application software, electric utilities, diversified banks, aerospace & defense, and biotechnology. It may also hold common stocks, non-convertible preferred stock, traditional fixed-income securities, and a small portion of foreign securities. The portfolio may include below-investment-grade instruments, which can enhance return potential but may also increase risk. In the financial marketplace, the fund serves investors seeking exposure to equity markets with lower volatility than traditional stock investments, offering a mix of income generation and long-term capital appreciation. Its strategy and diversified holdings position it as a versatile option in the hybrid securities category.
Performance
CNSAX had a total return of 14.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.17%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.60% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.24% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.76% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.72% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.99% |
Top 10 Holdings
25.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Short-Term Investment Trust - Invesco Treasury Portfolio | TRPXX | 4.18% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 3.23% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 3.17% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 2.75% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 2.25% |
| MicroStrategy Incorporated 0.625% | MSTR.0.625 09.15.28 | 2.16% |
| Uber Technologies Inc 0.875% | UBER.0.875 12.01.28 2028 | 2.16% |
| Welltower OP LLC 3.125% | WELL.3.125 07.15.29 | 1.98% |
| Rivian Automotive Inc 4.625% | RIVN.4.625 03.15.29 | 1.92% |
| Southern Co. 4.5% | SO.4.5 06.15.27 | 1.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.162 | Jun 26, 2025 |
| Mar 27, 2025 | $0.1524 | Mar 27, 2025 |
| Dec 12, 2024 | $0.4087 | Dec 12, 2024 |
| Sep 26, 2024 | $0.128 | Sep 26, 2024 |
| Jun 27, 2024 | $0.1206 | Jun 27, 2024 |
| Mar 28, 2024 | $0.1115 | Mar 28, 2024 |