3 Invesco Mutual Funds to Add to Your Portfolio
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 14 2024
0mins
Source: NASDAQ.COM
- Stock Market Performance: Major U.S. indexes like S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have provided positive returns in 2024, but volatility persists due to inflation and uncertainty over interest rates.
- Inflation and GDP: The consumer price index (CPI) showed a slight softening of inflation in the U.S., but it remains above the Federal Reserve's target. The U.S. GDP growth rate was weak in the first quarter of 2024.
- Invesco Mutual Funds: Invesco offers a variety of mutual funds for investors looking to diversify their portfolios, with specific investment strategies like sustainable investment, dividends, growth, and emerging markets.
- Invesco SteelPath MLP Income Fund: This fund invests in master limited partnerships involved in various sectors, with positive returns and an expense ratio of 1.15%.
- Invesco Small Cap Value VSMCX and Growth and Income ACGLX Funds: These funds focus on small-cap companies and large-cap income-producing stocks, respectively, with varying annualized returns and expense ratios.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
