About VAFIX
The Invesco American Franchise Fund Class Y is a large-growth mutual fund focused on seeking long-term capital appreciation by investing primarily in U.S. large-cap companies that are considered industry leaders with above-average earnings or revenue growth potential. The fund targets firms that are growing faster than the overall market, often within rapidly expanding sectors such as semiconductors, systems software, interactive media, technology hardware, and retail. Prominent holdings typically include major technology names like Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta Platforms, reflecting the fund’s emphasis on innovation and market leadership. Managed by an experienced team, the fund maintains a concentrated portfolio of around 50–60 securities, aiming to capitalize on both recognized and underappreciated growth opportunities. With assets exceeding $15 billion and categorized under the large growth segment, this fund plays a significant role in offering investors exposure to dynamic companies shaping the future of the U.S. economy, while maintaining flexibility to invest up to 20% in foreign securities when suitable opportunities arise.
Fund Family Invesco
Category Large Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol VAFIX
Share Class Class Y
Index Russell 1000 Growth TR
VAFIX had a total return of 3.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.47%.
