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.
Fund Family Invesco
Category Large Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol VAFCX
Share Class Class C
Index Russell 1000 Growth TR
VAFCX had a total return of 2.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.14%.
