3 Invesco Mutual Funds to Keep an Eye On
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 15 2024
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Source: NASDAQ.COM
Market Volatility: U.S. stock markets are experiencing volatility due to a significant drop in initial jobless claims, with the number of new unemployment applications falling by 17,000 to 233,000. Despite improvements in macroeconomic indicators, uncertainty about the Federal Reserve's interest rate decisions is contributing to market fluctuations.
Invesco Mutual Funds: Invesco offers a range of mutual funds that cater to various investment strategies and sectors, boasting strong performance metrics such as Zacks Mutual Fund Rank #1. Notable funds include Invesco SteelPath MLP Select 40 Fund, Invesco Small Cap Value Fund, and Invesco Growth and Income Fund, each with positive annualized returns and low 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.
