We have qualitatively reviewed this strategy and reaffirmed its Average Process and Above Average People ratings. The following text is from July 11, 2023. Invesco S&P 500 Equal Weight constructs a portfolio of equal-weighted U.S. large caps for a low fee. This approach tilts the portfolio toward mid-cap stocks and requires high turnover compared with market-cap weighting, increasing transaction costs and adding to its volatility.
Invesco Equally-Wtd S&P 500 R6 VADFX
- NAV / 1-Day Return 73.84 / +0.09 %
- Total Assets 6.5 Bil
-
Adj. Expense Ratio
0.180%
- Expense Ratio 0.180%
- Distribution Fee Level Low
- Share Class Type Retirement, Large
- Category Large Blend
- Investment Style Mid Blend
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 1.65%
- Turnover 20%
USD | NAV as of Jun 28, 2024 | 1-Day Return as of Jun 28, 2024, 10:17 PM GMT+0
Morningstar’s Analysis VADFX
Will VADFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 2.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
First Solar Inc | 0.33 | 22.0 Mil | Technology |
NextEra Energy Inc | 0.28 | 18.1 Mil | Utilities |
Moderna Inc | 0.27 | 18.1 Mil | Healthcare |
NRG Energy Inc | 0.26 | 17.4 Mil | Utilities |
Vistra Corp | 0.26 | 17.4 Mil | Utilities |
The AES Corp | 0.26 | 17.4 Mil | Utilities |
Teradyne Inc | 0.26 | 17.4 Mil | Technology |
Freeport-McMoRan Inc | 0.26 | 17.3 Mil | Basic Materials |
Micron Technology Inc | 0.25 | 16.8 Mil | Technology |
Constellation Energy Corp | 0.25 | 16.7 Mil | Utilities |