Invesco Equally-Weighted S&P 500 Fund (VADCX)
Fund Assets | 6.73B |
Expense Ratio | 1.27% |
Min. Investment | $1,000 |
Turnover | n/a |
Dividend (ttm) | 5.69 |
Dividend Yield | 7.87% |
Dividend Growth | 111.24% |
Payout Frequency | Annual |
Ex-Dividend Date | n/a |
Previous Close | 70.90 |
YTD Return | 8.35% |
1-Year Return | 9.29% |
5-Year Return | 75.59% |
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 9.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.26%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
2.41% of assetsName | Symbol | Weight |
---|---|---|
E-Min S&P 500 Ewf Sep25lweu5 | n/a | 0.27% |
Coinbase Global, Inc. | COIN | 0.27% |
Oracle Corporation | ORCL | 0.24% |
Jabil Inc. | JBL | 0.24% |
Carnival Corporation & plc | CCL | 0.23% |
Advanced Micro Devices, Inc. | AMD | 0.23% |
Northern Trust Corporation | NTRS | 0.23% |
Royal Caribbean Cruises Ltd. | RCL | 0.23% |
Vistra Corp. | VST | 0.23% |
The Estée Lauder Companies Inc. | EL | 0.23% |
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 |