About GIFFX
The Invesco Growth and Income Fund Class R6 is a mutual fund designed to provide investors with a blend of capital appreciation and current income. Its primary objective is total return, achieved by investing predominantly in income-producing equity securities, including common stocks and convertible securities. The portfolio typically holds between 60 and 80 stocks, offering a balance of diversification and focused exposure, and is managed within the large value segment of the market.
Key holdings reflect a broad sector allocation, with substantial representation in financial services, healthcare, technology, and industrials. Top companies often include names like Wells Fargo, Bank of America, Amazon, and Johnson & Johnson, indicating an emphasis on established firms with solid income and growth profiles. With a relatively low expense ratio and a modest turnover rate, the fund is positioned as a cost-effective option for retirement accounts and institutional investors. Its strategy is benchmarked against the Russell 1000 Value Index, underscoring its role as a core holding for participants seeking a mix of growth potential and income generation within their equity allocation.
Fund Family Invesco
Category Large Value
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol GIFFX
Share Class Class R6
Index Russell 1000 Value TR
GIFFX had a total return of 15.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 23.39%.
