Invesco Equally-Weighted S&P 500 Fund Class C (VADCX)
| Fund Assets | 6.64B |
| Expense Ratio | 1.27% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 5.69 |
| Dividend Yield | 8.06% |
| Dividend Growth | 111.24% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 70.36 |
| YTD Return | 5.82% |
| 1-Year Return | 13.54% |
| 5-Year Return | 89.32% |
| 52-Week Low | 58.32 |
| 52-Week High | 77.12 |
| Beta (5Y) | n/a |
| Holdings | 508 |
| Inception Date | Jul 28, 1997 |
About VADCX
The Invesco Equally-Weighted S&P 500 Fund Class C is a domestic equity mutual fund that seeks to provide total return through both capital appreciation and current income. Distinct from traditional S&P 500 funds, this fund tracks the S&P 500 Equal Weight Index, assigning each constituent company an identical portfolio weight, rather than weighting by market capitalization. As a result, it offers exposure to approximately 500 of the largest U.S. companies, but with a greater emphasis on mid-cap stocks and more balanced sector representation compared to cap-weighted approaches. The fund regularly rebalances, which increases portfolio turnover and may add to transaction costs and volatility relative to traditional index funds. With over $6 billion in assets under management and featuring a diversified slate of holdings across all sectors, the fund provides broad U.S. market exposure. Its structure is designed for investors seeking an alternative to cap-weighted strategies, aiming to reduce concentration risk in the largest corporations and provide a differentiated return profile within the large blend category.
Performance
VADCX had a total return of 13.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.21%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FDGTX | Fidelity | Fidelity Advisor Dividend Growth Fund - Class M | 1.34% |
| FDGIX | Fidelity | Fidelity Advisor Dividend Growth Fund - Class I | 0.85% |
| FMILX | Fidelity | Fidelity New Millennium Fund | 0.76% |
| FDGKX | Fidelity | Fidelity Dividend Growth Fund - Class K | 0.49% |
| FZADX | Fidelity | Fidelity Advisor Dividend Growth Fund - Class Z | 0.71% |
Top 10 Holdings
4.04% of assets| Name | Symbol | Weight |
|---|---|---|
| E-Min S&P 500 Ewf Jun25lwem5 | n/a | 1.07% |
| Short-Term Investment Trust - Invesco Treasury Portfolio | TRPXX | 0.61% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 0.33% |
| NRG Energy, Inc. | NRG | 0.32% |
| GE Vernova Inc. | GEV | 0.30% |
| Palantir Technologies Inc. | PLTR | 0.30% |
| The Mosaic Company | MOS | 0.28% |
| Dollar Tree, Inc. | DLTR | 0.28% |
| Ulta Beauty, Inc. | ULTA | 0.27% |
| Amphenol Corporation | APH | 0.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $5.6911 | Dec 16, 2024 |
| Dec 15, 2023 | $2.6941 | Dec 15, 2023 |
| Dec 16, 2022 | $5.2546 | Dec 16, 2022 |
| Dec 16, 2021 | $7.1388 | Dec 16, 2021 |
| Dec 11, 2020 | $3.6529 | Dec 11, 2020 |
| Dec 13, 2019 | $2.4011 | Dec 13, 2019 |