Invesco American Franchise Fund Class A (VAFAX)
| Fund Assets | 16.17B |
| Expense Ratio | 0.99% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 3.39% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 30.60 |
| YTD Return | 5.08% |
| 1-Year Return | 14.72% |
| 5-Year Return | 101.07% |
| 52-Week Low | 22.78 |
| 52-Week High | 31.69 |
| Beta (5Y) | n/a |
| Holdings | 62 |
| Inception Date | Jun 23, 2005 |
About VAFAX
The Invesco American Franchise Fund Class A is a mutual fund focused on achieving long-term capital appreciation by investing primarily in U.S. large-cap growth companies. This fund targets businesses that possess resilient franchises and demonstrate above-average growth rates compared to the broader market and industry peers. The portfolio emphasizes industry leaders across sectors, with a significant allocation to technology, consumer cyclical, and communication services. As of recent data, the fund’s largest holdings include leading firms such as Nvidia, Microsoft, Amazon, Meta Platforms, and Apple, reflecting a concentration in innovative, high-growth companies. With over 57 holdings and approximately $16 billion in assets under management, the fund is managed by an experienced team and follows a strategy benchmarked against the Russell 1000 Growth Index. The fund’s approach positions it as a significant participant in the large-cap growth category, appealing to investors seeking exposure to established U.S. businesses with strong competitive advantages and growth trajectories.
Performance
VAFAX had a total return of 14.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLGEX | Fidelity | Fidelity Large Cap Growth Enhanced Index Fund | 0.39% |
| FBCGX | Fidelity | Fidelity Blue Chip Growth K6 Fund | 0.46% |
| FHOFX | Fidelity | Fidelity Series Large Cap Growth Index Fund | n/a |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
| FBGKX | Fidelity | Fidelity Blue Chip Growth Fund - Class K | 0.59% |
Top 10 Holdings
49.86% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.26% |
| Amazon.com, Inc. | AMZN | 7.60% |
| Microsoft Corporation | MSFT | 7.15% |
| Meta Platforms, Inc. | META | 5.78% |
| Apple Inc. | AAPL | 5.21% |
| Netflix, Inc. | NFLX | 3.50% |
| Broadcom Inc. | AVGO | 3.42% |
| Alphabet Inc. | GOOGL | 3.37% |
| Visa Inc. | V | 2.92% |
| ServiceNow, Inc. | NOW | 2.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $1.0971 | Dec 16, 2024 |
| Dec 16, 2022 | $1.3321 | Dec 16, 2022 |
| Dec 16, 2021 | $6.6682 | Dec 16, 2021 |
| Dec 11, 2020 | $2.5174 | Dec 11, 2020 |
| Dec 13, 2019 | $1.5069 | Dec 13, 2019 |
| Dec 14, 2018 | $1.7964 | Dec 14, 2018 |