About FSTEX
The Invesco Energy Fund Investor Class is an actively managed mutual fund designed to provide targeted exposure to the global energy sector. This fund primarily invests in equity securities of companies operating within the oil, natural gas, and related energy industries, including integrated oil giants, exploration and production firms, equipment and services providers, and refining companies. A distinguishing feature of the fund is its focus on companies with strong balance sheets, often seeking those trading at valuations deemed attractive relative to their intrinsic value, emphasizing a large value investment style.
The fund's portfolio is notably concentrated, with a significant portion of assets allocated to a handful of industry leaders such as Exxon Mobil, Chevron, and Shell, and approximately 100% exposure to the energy sector. This structure positions the fund to reflect movements in crude oil and natural gas prices, which can also provide an indirect hedge against inflation. Since its inception in 1984, the fund has served investors seeking long-term capital growth through direct participation in the energy cycle and is managed with a relatively high turnover, reflecting its tactical approach to stock selection in a volatile sector.
Fund Family Invesco
Category Equity Energy
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FSTEX
Share Class Investor Class
Index MSCI World/Energy NR
FSTEX had a total return of 56.19% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.16%.
