Best Invesco Mutual Funds for 2013

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Best Invesco mutual funds for 2013; top balanced, bond, stock fund by Invesco. The 25 best mutual funds for 2013 are Invesco Balanced-Risk Allocation Fund, Invesco European Small Company, Invesco High Yield Municipal, Invesco Corporate Bond, etc.

Best Invesco Mutual Funds 2013Best Invesco Mutual Funds 2013

As one of the popular fund family, Invesco has over $580 billion of assets under management. Invesco is also one of the world’s largest and most diversified investment management firms. It has disciplined investment process, based on insight gathered through on the ground research in over 13 countries.

Invesco offers investment opportunity in equity, fixed income and cash management based strategies. It also provides investment in closed end funds and exchange traded funds. It also offers alternative holdings such as real estate, precious metals, commodities and natural resources.

These best mutual funds are sorted based on its performance and quality. I have provided a review of my favorite funds. You can find various funds to invest in as well.  Please check the fund prospectus for investment risk, fund details, etc.

The 25 best Invesco mutual funds for 2013 are:
  1. Invesco Balanced-Risk Allocation Fund
  2. Invesco European Small Company Fund
  3. Invesco Balanced-Risk Retire 2030 Fund
  4. Invesco High Yield Municipal Fund
  5. Invesco Diversified Dividend Fund
  6. Invesco International Growth Fund
  7. Invesco Developing Markets Fund
  8. Invesco SmallCapValue Fund
  9. Invesco Corporate Bond Fund
  10. Invesco Equally-Weighted S&P 500 Fund
  11. Invesco Select Companies Fund
  12. Invesco Asia Pacific Growth Fund
  13. Invesco Global Real Estate Income Fund
  14. Invesco European Growth Fund
  15. Invesco International Small Company Fund
  16. Invesco Gold & Precious Metals Fund
  17. Invesco International Allocation Fund
  18. Invesco Endeavor Fund
  19. Invesco Balanced-Risk Retire 2020 Fund
  20. Invesco Balanced-Risk Retire 2040 Fund
  21. Invesco Balanced-Risk Retire 2050 Fund
  22. Invesco Equity and Income Fund
  23. Invesco Comstock Fund
  24. Invesco American Franchise Fund
  25. Invesco Growth and Income Fund
Updated on 2/24/2013

Invesco Balanced-Risk Allocation Fund (ABRZX)

Invesco Balanced-Risk Allocation Fund (ABRZX)This Invesco Balanced-Risk Allocation Fund utilizes its assets to purchase derivative instruments and other financially-linked instruments whose performance is expected to resemble the U.S. and international fixed income, equity and commodity markets. It has yield of 2.23%. This class A fund has a sales load of 5.50%. The expense ratio is 1.10%.

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As one of the best Invesco mutual funds for 2013, it has returned 8.48% over the past 1 year, and 12.80% over the past 3 year. It is ranked with 5 star rating by Morningstar. The current shares price is $12.68.

Invesco European Small Company Fund (ESMAX)

The Invesco European Small Company Fund invests most of its assets in stocks of small European companies. This Europe stock mutual fund has a dividend yield of 1.17%. The total assets are $171 million. The portfolio turnover rate is 20%. The fund managers are Jason T. Holzer and Borge Endresen. The 3 year beta risk is 0.92.

To purchase this best mutual fund for 2013, you need $1,000 initial funding. It is available to purchase from 121 brokerages. Some of the brokerages are Schwab, Td Ameritrade Inc, Firstrade, H&R Block Financial Advisors Inc, TIAA-CREF Brokerage Services, etc.

In 2012, this international stock fund has an YTD return of 31.04%. The top 3 stocks are DCC Plc, Aryzta AG, and Prosafe SE. The top 2 sectors are industrials (43.75%), and consumer cyclical (16.84%).

Invesco Balanced-Risk Retirement 2030 Fund (TNAAX)

Invesco Balanced-Risk Retirement 2030 Fund objective is to provide total return with a low to moderate correlation to traditional financial market indices. It has a yield of 3.79%. The total assets are only $129 million. The risk rating is considered as low. Its annual expense ratio is 1.12%.

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This top mutual fund has a 5 year average return of 4.19%. The fund performance for the past 5 years is listed below.
  • Year 2012: 10.55%
  • Year 2011: 10.17%
  • Year 2010: 13.06%
  • Year 2009: 26.76%
  • Year 2008: -33.64%
Invesco High Yield Municipal Fund (ACTHX)

Invesco High Yield Municipal Fund (ACTHX)This Invesco High Yield Municipal Fund focuses its assets in non-investment grade municipal bonds. The interest income that you received is exempted from federal income tax. The 12-month yield is 5.56%. Its expense ratio is 0.85%. The top 3 sectors are health, industrial, and state & local general obligation.

Invesco Diversified Dividend Fund (LCEAX)

Invesco Diversified Dividend Fund invests majority of assets in dividend-paying equity securities. This Invesco mutual fund is managed by Meggan M. Walsh and Jonathan Harrington. It also has a sales load of 5.50%. The total assets are $5.9 billion. The annual expense ratio is 0.91%.

As one of the best Invesco mutual funds for 2013, it is ranked with silver rating by Morningstar. Its 5 year annualized return is 5.57%. In 2012, the total 1 year return is 17.17%. This large value mutual fund has a NAV of $14.28.

As of January 2013, the top 3 stocks are SunTrust Bank Inc, General Mills Inc, and Heineken NV. The top 2 sectors are consumer defensive and financial services.

Invesco Corporate Bond Fund (ACCBX)

The Invesco Corporate Bond Fund also has a high yield of 4.09%. It invests mainly in a portfolio of corporate debts or bonds. The sales load is quite high, 4.75%. The annual expense ratio is 0.92%. Its assets are $1 billion. The fund shares price is $7.21.

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This best mutual fund 2013 has a high risk rating. The average effective duration is 7.33 years and the average effective maturity is 10.48 years. This bond fund has returned 7.98% over the past a year, 7.89% over the past 3 year, and 6.82% over the past 5 year.

Disclosure: No Position

Fund Information

NoFund DesciptionCategoryRatingAssets (M)
1Invesco Balanced-Risk Allc AWorld Allocation54267.66
2Invesco European Small Company AEurope Stock5105.07
3Invesco Balanced-Risk Retire 2030 ATarget Date 2026-2030544.56
4Invesco High Yield Muni AHigh Yield Muni44960.46
5Invesco Diversified Dividend ALarge Value42718.57
6Invesco International Growth AForeign Large Growth42307.91
7Invesco Developing Markets ADiversified Emerging Mkts41470.86
8Invesco SmallCapValue ASmall Value41368.46
9Invesco Corporate Bond AIntermediate-Term Bond4879.6
10Invesco Equally-Wtd S&P 500 ALarge Blend4821.37
11Invesco Select Companies ASmall Blend4749.06
12Invesco Asia Pacific Growth APacific/Asia ex-Japan Stk4530.04
13Invesco Global Real Estate Income AGlobal Real Estate4504.34
14Invesco European Growth AEurope Stock4397.12
15Invesco International Small Company AForeign Small/Mid Blend4306.85
16Invesco Gold & Precious Metals AEquity Precious Metals4184.48
17Invesco International Allocation AForeign Large Blend4129.69
18Invesco Endeavor AMid-Cap Blend4119.06
19Invesco Balanced-Risk Retire 2020 ATarget Date 2016-2020448.9
20Invesco Balanced-Risk Retire 2040 ATarget Date 2036-2040433.75
21Invesco Balanced-Risk Retire 2050 ATarget Date 2046-2050415.03
22Invesco Equity and Income AModerate Allocation38127.77
23Invesco Comstock ALarge Value35662.22
24Invesco American Franchise ALarge Growth34743.28
25Invesco Growth and Income ALarge Value34397.02

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