Invesco American Franchise Fund Class C (VAFCX)
| Fund Assets | 16.17B |
| Expense Ratio | 1.74% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 4.39% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 24.97 |
| YTD Return | 6.98% |
| 1-Year Return | 17.99% |
| 5-Year Return | 82.60% |
| 52-Week Low | 18.08 |
| 52-Week High | 25.44 |
| Beta (5Y) | n/a |
| Holdings | 60 |
| Inception Date | Jun 23, 2005 |
About VAFCX
The Invesco American Franchise Fund Class C is an open-end mutual fund focused on achieving long-term capital appreciation by investing primarily in publicly traded U.S. equities. Classified within the large growth category, the fund targets companies—mainly in the large-cap segment—believed to possess strong growth or earnings potential. Its investment process relies on fundamental analysis with a bottom-up stock selection approach, constructing a concentrated portfolio where the top ten holdings can comprise over half of total assets. The fund’s portfolio features prominent names in technology, consumer discretionary, and communication services, such as Nvidia, Microsoft, Amazon, and Meta Platforms, reflecting its emphasis on innovation-driven and market-leading enterprises. Managed by a team led by Ronald Zibelli, CFA, the fund maintains at least 80% of its net assets in U.S. issuers, with the flexibility to allocate a minor portion to foreign securities. Its benchmark is the Russell 1000 Growth Index, underscoring its commitment to capturing growth opportunities within the broader U.S. equity market while offering exposure to diverse sectors for investors seeking capital appreciation through blue-chip franchises.
Performance
VAFCX had a total return of 17.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.60%.
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 |
| LGILX | Schwab | Schwab Select Large Cap Growth Fund | 0.75% |
| FBGRX | Fidelity | Fidelity Blue Chip Growth Fund | 0.69% |
Top 10 Holdings
52.41% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 9.82% |
| Microsoft Corporation | MSFT | 9.11% |
| Amazon.com, Inc. | AMZN | 7.12% |
| Meta Platforms, Inc. | META | 6.23% |
| Apple Inc. | AAPL | 4.36% |
| Broadcom Inc. | AVGO | 3.93% |
| Netflix, Inc. | NFLX | 3.29% |
| Alphabet Inc. | GOOGL | 3.17% |
| Visa Inc. | V | 2.82% |
| ServiceNow, Inc. | NOW | 2.55% |
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 |