REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 |
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Pre-Effective Amendment No. |
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Post-Effective Amendment No. 141 |
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
☐ |
Amendment No. 140 |
☒ |
Taylor V. Edwards, Esquire Invesco Advisers, Inc. 225 Liberty Street, 15th FL New York, NY 10281-1087 |
Matthew R. DiClemente, Esquire Stradley Ronon Stevens & Young, LLP 2005 Market Street, Suite 2600 Philadelphia, Pennsylvania 19103-7018 |
It is proposed that this filing will become effective (check appropriate box) | |
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immediately upon filing pursuant to paragraph (b) |
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on February 26, 2021 pursuant to paragraph (b) |
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60 days after filing pursuant to paragraph (a) |
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on (date) pursuant to paragraph (a) |
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75 days after filing pursuant to paragraph (a)(2) |
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on (date) pursuant to paragraph (a)(2) of rule 485 |
If appropriate, check the following box: | |
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This post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
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Fund Summary |
1 |
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4 | |
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7 | |
7 | |
7 | |
7 | |
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7 | |
7 | |
7 | |
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8 | |
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10 | |
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A-1 | |
A-1 | |
A-2 | |
A-3 | |
A-3 | |
A-10 | |
A-10 | |
A-12 | |
A-15 | |
A-16 | |
A-16 | |
A-18 | |
A-20 | |
A-23 | |
A-25 | |
A-26 | |
A-26 | |
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Back Cover |
Class: |
A |
C |
R |
S |
Y |
R5 |
R6 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
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Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) |
1 |
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Class: |
A |
C |
R |
S |
Y |
R5 |
R6 |
Management Fees |
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Distribution and/or Service (12b-1) Fees |
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Other Expenses |
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Total Annual Fund Operating Expenses |
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1 Year |
3 Years |
5 Years |
10 Years |
Class A |
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Class C |
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Class R |
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Class S |
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Class Y |
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Class R5 |
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Class R6 |
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1 Year |
3 Years |
5 Years |
10 Years |
Class A |
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Class C |
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Class R |
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Class S |
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Class Y |
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Class R5 |
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Class R6 |
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Inception Date |
1 Year |
5 Years |
10 Years |
Class A |
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Return Before Taxes |
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Return After Taxes on Distributions |
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Return After Taxes on Distributions and Sale of Fund Shares |
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Class C |
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Class R |
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Class S |
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Class Y |
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Class R5 |
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Class R6 |
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1 |
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Russell 1000® Index (reflects no deductions for fees, expenses or taxes) |
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S&P 500® Index (reflects no deductions for fees, expenses or taxes) |
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Lipper Large Cap Core Funds Index |
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Portfolio Managers |
Title |
Length of Service on the Fund |
Manind Govil |
Portfolio Manager (lead) |
2019 |
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Benjamin Ram |
Portfolio Manager |
2019 |
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Paul Larson |
Portfolio Manager |
2019 |
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Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
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Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
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IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
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All other types of accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
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IRAs and Coverdell ESAs |
250 |
25 |
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All other accounts |
1,000 |
50 |
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Net asset value, beginning of period |
Net investment income (loss)(a) |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends from net investment income |
Distributions from net realized gains |
Total distributions |
Net asset value, end of period |
Total return (b) |
Net assets, end of period (000's omitted) |
Ratio of expenses to average net assets with fee waivers and/or expenses absorbed |
Ratio of expenses to average net assets without fee waivers and/or expenses absorbed |
Ratio of net investment income (loss) to average net assets |
Portfolio turnover (c) |
Class A | ||||||||||||||
Year ended 10/31/20 |
$ 17.79 |
$ 0.11 |
$ 1.02 |
$ 1.13 |
$ (0.13) |
$ (2.80) |
$ (2.93) |
$ 15.99 |
6.71% |
$ 2,816,198 |
1.07%(d) |
1.07%(d) |
0.70%(d) |
45% |
Year ended 10/31/19 |
17.52 |
0.13 |
1.86(e) |
1.99 |
(0.07) |
(1.65) |
(1.72) |
17.79 |
12.96(e) |
3,007,391 |
1.07 |
1.07 |
0.74 |
82 |
Year ended 10/31/18 |
18.75 |
0.06 |
(0.04) |
0.02 |
(0.10) |
(1.15) |
(1.25) |
17.52 |
(0.04) |
2,951,279 |
1.07 |
1.08 |
0.35 |
46 |
Year ended 10/31/17 |
18.31 |
0.09 |
2.29 |
2.38 |
(0.17) |
(1.77) |
(1.94) |
18.75 |
13.83 |
3,363,073 |
1.10 |
1.11 |
0.50 |
30 |
Year ended 10/31/16 |
20.30 |
0.16 |
0.34 |
0.50 |
(0.21) |
(2.28) |
(2.49) |
18.31 |
3.54 |
3,467,887 |
1.11 |
1.12 |
0.88 |
28 |
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Class C | ||||||||||||||
Year ended 10/31/20 |
16.47 |
(0.01) |
0.95 |
0.94 |
— |
(2.80) |
(2.80) |
14.61 |
5.96 |
30,607 |
1.82(d) |
1.82(d) |
(0.05)(d) |
45 |
Year ended 10/31/19 |
16.39 |
(0.00) |
1.73(e) |
1.73 |
— |
(1.65) |
(1.65) |
16.47 |
12.14(e) |
40,493 |
1.82 |
1.82 |
(0.01) |
82 |
Year ended 10/31/18 |
17.65 |
(0.07) |
(0.04) |
(0.11) |
— |
(1.15) |
(1.15) |
16.39 |
(0.80) |
133,804 |
1.82 |
1.83 |
(0.40) |
46 |
Year ended 10/31/17 |
17.32 |
(0.04) |
2.16 |
2.12 |
(0.02) |
(1.77) |
(1.79) |
17.65 |
12.98 |
167,073 |
1.85 |
1.86 |
(0.25) |
30 |
Year ended 10/31/16 |
19.30 |
0.02 |
0.32 |
0.34 |
(0.04) |
(2.28) |
(2.32) |
17.32 |
2.73 |
200,499 |
1.86 |
1.87 |
0.13 |
28 |
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Class R | ||||||||||||||
Year ended 10/31/20 |
17.62 |
0.07 |
1.01 |
1.08 |
(0.08) |
(2.80) |
(2.88) |
15.82 |
6.46 |
16,500 |
1.32(d) |
1.32(d) |
0.45(d) |
45 |
Year ended 10/31/19 |
17.34 |
0.08 |
1.85(e) |
1.93 |
— |
(1.65) |
(1.65) |
17.62 |
12.68(e) |
19,772 |
1.32 |
1.32 |
0.49 |
82 |
Year ended 10/31/18 |
18.55 |
0.02 |
(0.04) |
(0.02) |
(0.04) |
(1.15) |
(1.19) |
17.34 |
(0.24) |
23,251 |
1.32 |
1.33 |
0.10 |
46 |
Year ended 10/31/17 |
18.13 |
0.05 |
2.26 |
2.31 |
(0.12) |
(1.77) |
(1.89) |
18.55 |
13.53 |
30,187 |
1.35 |
1.36 |
0.25 |
30 |
Year ended 10/31/16 |
20.12 |
0.11 |
0.34 |
0.45 |
(0.16) |
(2.28) |
(2.44) |
18.13 |
3.24 |
35,654 |
1.36 |
1.37 |
0.63 |
28 |
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Class S | ||||||||||||||
Year ended 10/31/20 |
17.80 |
0.13 |
1.02 |
1.15 |
(0.15) |
(2.80) |
(2.95) |
16.00 |
6.82 |
16,783 |
0.97(d) |
0.97(d) |
0.80(d) |
45 |
Year ended 10/31/19 |
17.53 |
0.14 |
1.87(e) |
2.01 |
(0.09) |
(1.65) |
(1.74) |
17.80 |
13.09(e) |
16,906 |
0.97 |
0.97 |
0.84 |
82 |
Year ended 10/31/18 |
18.76 |
0.08 |
(0.04) |
0.04 |
(0.12) |
(1.15) |
(1.27) |
17.53 |
0.07 |
17,317 |
0.97 |
0.98 |
0.45 |
46 |
Year ended 10/31/17 |
18.32 |
0.11 |
2.28 |
2.39 |
(0.18) |
(1.77) |
(1.95) |
18.76 |
13.94 |
19,028 |
1.00 |
1.01 |
0.60 |
30 |
Year ended 10/31/16 |
20.32 |
0.18 |
0.34 |
0.52 |
(0.24) |
(2.28) |
(2.52) |
18.32 |
3.63 |
18,364 |
1.01 |
1.02 |
0.98 |
28 |
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Class Y | ||||||||||||||
Year ended 10/31/20 |
17.88 |
0.15 |
1.04 |
1.19 |
(0.18) |
(2.80) |
(2.98) |
16.09 |
7.03 |
81,404 |
0.82(d) |
0.82(d) |
0.95(d) |
45 |
Year ended 10/31/19 |
17.61 |
0.17 |
1.87(e) |
2.04 |
(0.12) |
(1.65) |
(1.77) |
17.88 |
13.24(e) |
93,143 |
0.82 |
0.82 |
0.99 |
82 |
Year ended 10/31/18 |
18.84 |
0.11 |
(0.04) |
0.07 |
(0.15) |
(1.15) |
(1.30) |
17.61 |
0.23 |
101,885 |
0.82 |
0.83 |
0.60 |
46 |
Year ended 10/31/17 |
18.39 |
0.14 |
2.29 |
2.43 |
(0.21) |
(1.77) |
(1.98) |
18.84 |
14.13 |
129,285 |
0.85 |
0.86 |
0.75 |
30 |
Year ended 10/31/16 |
20.40 |
0.20 |
0.34 |
0.54 |
(0.27) |
(2.28) |
(2.55) |
18.39 |
3.76 |
102,182 |
0.86 |
0.87 |
1.13 |
28 |
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Class R5 | ||||||||||||||
Year ended 10/31/20 |
18.71 |
0.17 |
1.09 |
1.26 |
(0.19) |
(2.80) |
(2.99) |
16.98 |
7.11 |
7,511 |
0.76(d) |
0.76(d) |
1.01(d) |
45 |
Year ended 10/31/19 |
18.34 |
0.19 |
1.96(e) |
2.15 |
(0.13) |
(1.65) |
(1.78) |
18.71 |
13.34(e) |
9,163 |
0.75 |
0.75 |
1.06 |
82 |
Year ended 10/31/18 |
19.58 |
0.13 |
(0.06) |
0.07 |
(0.16) |
(1.15) |
(1.31) |
18.34 |
0.25 |
12,018 |
0.76 |
0.77 |
0.66 |
46 |
Year ended 10/31/17 |
19.05 |
0.16 |
2.38 |
2.54 |
(0.24) |
(1.77) |
(2.01) |
19.58 |
14.19 |
29,835 |
0.77 |
0.78 |
0.83 |
30 |
Year ended 10/31/16 |
21.03 |
0.23 |
0.36 |
0.59 |
(0.29) |
(2.28) |
(2.57) |
19.05 |
3.92 |
38,682 |
0.75 |
0.76 |
1.24 |
28 |
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Class R6 | ||||||||||||||
Year ended 10/31/20 |
18.70 |
0.18 |
1.09 |
1.27 |
(0.20) |
(2.80) |
(3.00) |
16.97 |
7.19 |
16,553 |
0.69(d) |
0.69(d) |
1.08(d) |
45 |
Year ended 10/31/19 |
18.34 |
0.20 |
1.95(e) |
2.15 |
(0.14) |
(1.65) |
(1.79) |
18.70 |
13.38(e) |
19,030 |
0.69 |
0.69 |
1.12 |
82 |
Year ended 10/31/18 |
19.58 |
0.14 |
(0.05) |
0.09 |
(0.18) |
(1.15) |
(1.33) |
18.34 |
0.34 |
20,404 |
0.69 |
0.70 |
0.73 |
46 |
Year ended 10/31/17 |
19.05 |
0.17 |
2.38 |
2.55 |
(0.25) |
(1.77) |
(2.02) |
19.58 |
14.27 |
18,290 |
0.69 |
0.70 |
0.91 |
30 |
Year ended 10/31/16 |
21.04 |
0.24 |
0.36 |
0.60 |
(0.31) |
(2.28) |
(2.59) |
19.05 |
3.99 |
2,948 |
0.68 |
0.69 |
1.31 |
28 |
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(a) |
Calculated using average shares outstanding. |
(b) |
Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Does not include sales charges and is not annualized for periods less than one year, if applicable. |
(c) |
Portfolio turnover is calculated at the fund level and is not annualized for periods less than one year, if applicable. |
(d) |
Ratios are based on average daily net assets (000’s omitted) of $2,866,953, $35,947, $17,922, $16,845, $83,647, $8,274 and $17,957 for Class A, Class C, Class R, Class S, Class Y, Class R5 and Class R6 shares, respectively. |
(e) |
Includes litigation proceeds received during the year ended October 31, 2019. Had these litigation proceeds not been received, Net gains (losses) on securities (both realized and unrealized) per share would have been $1.81, $1.68, $1.80, $1.82, $1.82, $1.91 and $1.90 for Class A, Class C, Class R, Class S, Class Y, Class R5, and Class R6 shares, respectively. Total returns would have been lower. |
Class A (Includes Maximum Sales Charge) |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
(1.79%) |
2.07% |
6.09% |
10.25% |
14.59% |
19.09% |
23.77% |
28.64% |
33.69% |
38.94% |
End of Year Balance |
$ 9,821.39 |
$ 10,207.37 |
$ 10,608.51 |
$ 11,025.43 |
$ 11,458.73 |
$ 11,909.06 |
$ 12,377.08 |
$ 12,863.50 |
$ 13,369.04 |
$ 13,894.44 |
Estimated Annual Expenses |
$ 653.10 |
$ 107.15 |
$ 111.36 |
$ 115.74 |
$ 120.29 |
$ 125.02 |
$ 129.93 |
$ 135.04 |
$ 140.34 |
$ 145.86 |
|
Class A (Without Maximum Sales Charge) |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
1.07% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
3.93% |
8.01% |
12.26% |
16.67% |
21.26% |
26.02% |
30.97% |
36.12% |
41.47% |
47.03% |
End of Year Balance |
$ 10,393.00 |
$ 10,801.44 |
$ 11,225.94 |
$ 11,667.12 |
$ 12,125.64 |
$ 12,602.18 |
$ 13,097.44 |
$ 13,612.17 |
$ 14,147.13 |
$ 14,703.11 |
Estimated Annual Expenses |
$ 109.10 |
$ 113.39 |
$ 117.85 |
$ 122.48 |
$ 127.29 |
$ 132.29 |
$ 137.49 |
$ 142.90 |
$ 148.51 |
$ 154.35 |
|
Class C2 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.82% |
1.07% |
1.07% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
3.18% |
6.46% |
9.85% |
13.34% |
16.94% |
20.66% |
24.50% |
28.46% |
33.51% |
38.75% |
End of Year Balance |
$ 10,318.00 |
$ 10,646.11 |
$ 10,984.66 |
$ 11,333.97 |
$ 11,694.39 |
$ 12,066.27 |
$ 12,449.98 |
$ 12,845.89 |
$ 13,350.73 |
$ 13,875.42 |
Estimated Annual Expenses |
$ 184.89 |
$ 190.77 |
$ 196.84 |
$ 203.10 |
$ 209.56 |
$ 216.22 |
$ 223.10 |
$ 230.19 |
$ 140.15 |
$ 145.66 |
|
Class R |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
1.32% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
3.68% |
7.50% |
11.45% |
15.55% |
19.80% |
24.21% |
28.78% |
33.52% |
38.44% |
43.53% |
End of Year Balance |
$ 10,368.00 |
$ 10,749.54 |
$ 11,145.13 |
$ 11,555.27 |
$ 11,980.50 |
$ 12,421.38 |
$ 12,878.49 |
$ 13,352.42 |
$ 13,843.79 |
$ 14,353.24 |
Estimated Annual Expenses |
$ 134.43 |
$ 139.38 |
$ 144.50 |
$ 149.82 |
$ 155.34 |
$ 161.05 |
$ 166.98 |
$ 173.12 |
$ 179.49 |
$ 186.10 |
|
Class S |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.97% |
0.97% |
0.97% |
0.97% |
0.97% |
0.97% |
0.97% |
0.97% |
0.97% |
0.97% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.03% |
8.22% |
12.58% |
17.12% |
21.84% |
26.75% |
31.86% |
37.17% |
42.70% |
48.45% |
End of Year Balance |
$ 10,403.00 |
$ 10,822.24 |
$ 11,258.38 |
$ 11,712.09 |
$ 12,184.09 |
$ 12,675.11 |
$ 13,185.91 |
$ 13,717.30 |
$ 14,270.11 |
$ 14,845.20 |
Estimated Annual Expenses |
$ 98.95 |
$ 102.94 |
$ 107.09 |
$ 111.41 |
$ 115.90 |
$ 120.57 |
$ 125.43 |
$ 130.48 |
$ 135.74 |
$ 141.21 |
|
Class Y |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.82% |
0.82% |
0.82% |
0.82% |
0.82% |
0.82% |
0.82% |
0.82% |
0.82% |
0.82% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.18% |
8.53% |
13.07% |
17.80% |
22.72% |
27.85% |
33.20% |
38.76% |
44.56% |
50.61% |
End of Year Balance |
$ 10,418.00 |
$ 10,853.47 |
$ 11,307.15 |
$ 11,779.79 |
$ 12,272.18 |
$ 12,785.16 |
$ 13,319.58 |
$ 13,876.34 |
$ 14,456.37 |
$ 15,060.64 |
Estimated Annual Expenses |
$ 83.71 |
$ 87.21 |
$ 90.86 |
$ 94.66 |
$ 98.61 |
$ 102.74 |
$ 107.03 |
$ 111.50 |
$ 116.16 |
$ 121.02 |
|
Class R5 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.24% |
8.66% |
13.27% |
18.07% |
23.08% |
28.29% |
33.73% |
39.40% |
45.31% |
51.48% |
End of Year Balance |
$ 10,424.00 |
$ 10,865.98 |
$ 11,326.70 |
$ 11,806.95 |
$ 12,307.56 |
$ 12,829.40 |
$ 13,373.37 |
$ 13,940.40 |
$ 14,531.47 |
$ 15,147.61 |
Estimated Annual Expenses |
$ 77.61 |
$ 80.90 |
$ 84.33 |
$ 87.91 |
$ 91.64 |
$ 95.52 |
$ 99.57 |
$ 103.79 |
$ 108.19 |
$ 112.78 |
|
Class R6 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.69% |
0.69% |
0.69% |
0.69% |
0.69% |
0.69% |
0.69% |
0.69% |
0.69% |
0.69% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.31% |
8.81% |
13.50% |
18.39% |
23.49% |
28.81% |
34.36% |
40.15% |
46.20% |
52.50% |
End of Year Balance |
$ 10,431.00 |
$ 10,880.58 |
$ 11,349.53 |
$ 11,838.69 |
$ 12,348.94 |
$ 12,881.18 |
$ 13,436.36 |
$ 14,015.47 |
$ 14,619.53 |
$ 15,249.64 |
Estimated Annual Expenses |
$ 70.49 |
$ 73.52 |
$ 76.69 |
$ 80.00 |
$ 83.45 |
$ 87.04 |
$ 90.80 |
$ 94.71 |
$ 98.79 |
$ 103.05 |
|
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
▪ Initial sales charge which may be waived or reduced1 |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ CDSC on certain redemptions1 |
▪ CDSC on redemptions within one year3 |
▪ No CDSC |
▪ No CDSC |
▪ No CDSC |
▪ 12b-1 fee of up to 0.25%2 |
▪ 12b-1 fee of up to 1.00%4 |
▪ 12b-1 fee of up to 0.50% |
▪ No 12b-1 fee |
▪ No 12b-1 fee |
|
▪ Investors may only open an account to purchase Class C shares if they have appointed a financial intermediary that allows for new accounts in Class C shares to be opened. This restriction does not apply to Employer Sponsored Retirement and Benefit Plans. |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
|
▪ Purchase maximums apply |
▪ Intended for Retirement and Benefit Plans5 |
|
▪ Special eligibility requirements and investment minimums apply (see “Share Class Eligibility – Class R5 and R6 shares” below) |
Category I Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.75 |
2.83 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category II Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
4.25% |
4.44% |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.50 |
2.56 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category III Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
1.00% |
1.01% |
| |||
$100,000 but less than |
$ 250,000 |
0.75 |
0.76 |
| |||
$250,000 but less than |
$ 1,000,000 |
0.50 |
0.50 |
|
Category IV Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
2.50% |
2.56% |
| |||
$100,000 but less than |
$ 250,000 |
1.75 |
1.78 |
|
Category V Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
3.25% |
3.36% |
| |||
$100,000 but less than |
$ 250,000 |
2.75 |
2.83 |
| |||
$250,000 but less than |
$ 500,000 |
1.75 |
1.78 |
| |||
$500,000 but less than |
$ 1,000,000 |
1.50 |
1.52 |
|
Category VI Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Opening An Account |
Adding To An Account |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. |
Contact your financial adviser or financial intermediary. |
By Mail |
Mail completed account application and check to the Funds’ transfer agent, Invesco Investment Services, Inc. P.O. Box 219078, Kansas City, MO 64121-9078. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
Mail your check and the remittance slip from your confirmation statement to the Funds’ transfer agent. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
|
Opening An Account |
Adding To An Account |
By Wire* |
Mail completed account application to the Funds’ transfer agent. Call the Funds’ transfer agent at (800) 959-4246 to receive a reference number. Then, use the wire instructions provided below. |
Call the Funds’ transfer agent to receive a reference number. Then, use the wire instructions provided below. |
Wire Instructions |
Beneficiary Bank ABA/Routing #: 011001234 Beneficiary Account Number: 729639 Beneficiary Account Name: Invesco Investment Services, Inc. RFB: Fund Name, Reference # OBI: Your Name, Account # | |
By Telephone* |
Open your account using one of the methods described above. |
The Bank Account Information option on your completed account application or complete a Systematic Options and Bank Information Form. Mail the application or form to the Funds’ transfer agent. Once the Funds’ transfer agent has received the form, call the Funds’ transfer agent at the number below to place your purchase order. For Class R5 and R6 shares, call the Funds’ transfer agent at (800) 959-4246 and wire payment for your purchase order in accordance with the wire instructions listed above. |
Automated Investor Line |
Open your account using one of the methods described above. |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your order after you have provided the bank instructions that will be requested. |
By Internet |
Open your account using one of the methods described above. |
Access your account at www.invesco.com/us. The proper bank instructions must have been provided on your account. You may not purchase shares in Retirement and Benefit Plans on the internet. |
*Class R5 and R6 shares may only be purchased through a financial intermediary or by telephone at (800) 959-4246. |
How to Redeem Shares | |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. The Funds’ transfer agent must receive your financial adviser’s or financial intermediary’s call before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. Please contact your financial adviser or financial intermediary with respect to reporting of cost basis and available elections for your account. |
By Mail |
Send a written request to the Funds’ transfer agent which includes: |
|
▪ Original signatures of all registered owners/trustees; ▪ The dollar value or number of shares that you wish to redeem; ▪ The name of the Fund(s) and your account number; ▪ The cost basis method or specific shares you wish to redeem for tax reporting purposes, if different than the method already on record; and |
|
▪ Signature guarantees, if necessary (see below). The Funds’ transfer agent may require that you provide additional documentation, or information, such as corporate resolutions or powers of attorney, if applicable. If you are redeeming from a Retirement and Benefit Plan, you must complete the appropriate distribution form. |
How to Redeem Shares | |
By Telephone* |
Call the Funds’ transfer agent at 1-800-959-4246. You will be allowed to redeem by telephone if: ▪ Your redemption proceeds are to be mailed to your address on record (and there has been no change in your address of record within the last 15 days) or transferred electronically to a pre-authorized checking account; ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have not previously declined the telephone redemption privilege. |
|
You may, in limited circumstances, initiate a redemption from an Invesco IRA by telephone. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. You must call the Funds’ transfer agent before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. |
Automated Investor Line |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your redemption order after you have provided the bank instructions that will be requested. |
By Internet |
Place your redemption request at www.invesco.com/us. You will be allowed to redeem by Internet if: ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have already provided proper bank information. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. |
*Class R5 and R6 shares may only be redeemed through a financial intermediary or by telephone at (800) 959-4246. |
Exchange From |
Exchange To |
Invesco Cash Reserve Shares |
Class A, C, R, Investor Class |
| |
Class A |
Class A, Investor Class, Invesco Cash Reserve Shares* |
| |
Class A2 |
Class A, Investor Class, Invesco Cash Reserve Shares |
| |
Class AX |
Class A, AX, Investor Class, Invesco Cash Reserve Shares |
| |
Investor Class |
Class A, Investor Class |
| |
Class P |
Class A, Invesco Cash Reserve Shares |
| |
Class S |
Class A, S, Invesco Cash Reserve Shares |
| |
Class C |
Class C* |
| |
Class CX |
Class C, CX |
| |
Class R |
Class R* |
| |
Class RX |
Class R, RX |
| |
Class R5 |
Class R5 |
| |
Class R6 |
Class R6 |
| |
Class Y |
Class Y* |
|
|
* You may exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund as long as you are otherwise eligible for such share class. If you exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund, you may exchange those Class A, C or R shares back into Class Y shares of Invesco U.S. Government Money Portfolio, but not Class Y shares of any other Fund. |
By Mail: |
Invesco Investment Services, Inc. P.O. Box 219078 Kansas City, MO 64121-9078 |
By Telephone: |
(800) 959-4246 |
On the Internet: |
You can send us a request by e-mail or download prospectuses, SAIs, annual or semi-annual reports via our website: www.invesco.com/us |
Invesco Charter Fund SEC 1940 Act file number: 811-01424 |
invesco.com/us |
CHT-PRO-1 |
| |
Fund Summary |
1 |
| |
3 | |
| |
5 | |
5 | |
5 | |
5 | |
| |
5 | |
5 | |
5 | |
| |
6 | |
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7 | |
| |
A-1 | |
A-1 | |
A-2 | |
A-3 | |
A-3 | |
A-10 | |
A-10 | |
A-12 | |
A-15 | |
A-16 | |
A-16 | |
A-18 | |
A-20 | |
A-23 | |
A-25 | |
A-26 | |
A-26 | |
| |
Back Cover |
Class: |
A |
C |
Investor |
R |
Y |
R5 |
R6 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
|
|
|
|
|
|
| |||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) |
1 |
|
|
|
|
|
|
|
Class: |
A |
C |
Investor |
R |
Y |
R5 |
R6 |
Management Fees |
|
|
|
|
|
|
|
| |||||||
Distribution and/or Service (12b-1) Fees |
|
|
|
|
|
|
|
| |||||||
Other Expenses |
|
|
|
|
|
|
|
| |||||||
Acquired Fund Fees and Expenses |
|
|
|
|
|
|
|
| |||||||
Total Annual Fund Operating Expenses |
|
|
|
|
|
|
|
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
|
|
|
|
| ||||
Class C |
|
|
|
|
| ||||
Investor Class |
|
|
|
|
| ||||
Class R |
|
|
|
|
| ||||
Class Y |
|
|
|
|
| ||||
Class R5 |
|
|
|
|
| ||||
Class R6 |
|
|
|
|
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
|
|
|
|
| ||||
Class C |
|
|
|
|
| ||||
Investor Class |
|
|
|
|
| ||||
Class R |
|
|
|
|
| ||||
Class Y |
|
|
|
|
| ||||
Class R5 |
|
|
|
|
| ||||
Class R6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Inception Date |
1 Year |
5 Years |
10 Years |
Class A |
|
|
|
|
Return Before Taxes |
|
- |
|
|
Return After Taxes on Distributions |
|
- |
|
|
Return After Taxes on Distributions and Sale of Fund Shares |
|
- |
|
|
| ||||
Class C |
|
- |
|
|
| ||||
Investor Class |
|
|
|
|
| ||||
Class R |
|
- |
|
|
| ||||
Class Y |
|
|
|
|
| ||||
Class R5 |
|
|
|
|
| ||||
Class R6 |
|
|
|
1 |
| ||||
Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes) |
|
|
|
|
| ||||
S&P 500® Index (reflects no deductions for fees, expenses or taxes) |
|
|
|
|
| ||||
Lipper Large-Cap Value Funds Index |
|
|
|
|
|
Portfolio Managers |
Title |
Length of Service on the Fund |
Meggan Walsh |
Portfolio Manager (lead) |
2002 |
| ||
Robert Botard |
Portfolio Manager |
2014 |
| ||
Caroline Le Feuvre |
Portfolio Manager |
2020 |
| ||
Chris McMeans |
Portfolio Manager |
2016 |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other types of accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Net asset value, beginning of period |
Net investment income(a) |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends from net investment income |
Distributions from net realized gains |
Total distributions |
Net asset value, end of period |
Total return (b) |
Net assets, end of period (000's omitted) |
Ratio of expenses to average net assets with fee waivers and/or expenses absorbed |
Ratio of expenses to average net assets without fee waivers and/or expenses absorbed |
Ratio of net investment income to average net assets |
Portfolio turnover (c) |
Class A | ||||||||||||||
Year ended 10/31/20 |
$ 20.50 |
$ 0.43 |
$ (2.07) |
$ (1.64) |
$ (0.46) |
$ (0.58) |
$ (1.04) |
$ 17.82 |
(8.28)% |
$ 3,599,794 |
0.83%(d) |
0.83%(d) |
2.30%(d) |
8% |
Year ended 10/31/19 |
19.55 |
0.47 |
1.89 |
2.36 |
(0.51) |
(0.90) |
(1.41) |
20.50 |
12.94 |
4,995,726 |
0.81 |
0.82 |
2.45 |
5 |
Year ended 10/31/18 |
20.18 |
0.44 |
(0.49) |
(0.05) |
(0.43) |
(0.15) |
(0.58) |
19.55 |
(0.28) |
4,979,893 |
0.79 |
0.80 |
2.17 |
10 |
Year ended 10/31/17 |
18.83 |
0.37 |
1.79 |
2.16 |
(0.34) |
(0.47) |
(0.81) |
20.18 |
11.65 |
6,029,664 |
0.80 |
0.82 |
1.85 |
8 |
Year ended 10/31/16 |
18.78 |
0.33 |
0.76 |
1.09 |
(0.31) |
(0.73) |
(1.04) |
18.83 |
6.27 |
5,985,548 |
0.80 |
0.82 |
1.79 |
11 |
| ||||||||||||||
Class C | ||||||||||||||
Year ended 10/31/20 |
20.22 |
0.29 |
(2.04) |
(1.75) |
(0.31) |
(0.58) |
(0.89) |
17.58 |
(8.96) |
300,883 |
1.58(d) |
1.58(d) |
1.55(d) |
8 |
Year ended 10/31/19 |
19.30 |
0.32 |
1.86 |
2.18 |
(0.36) |
(0.90) |
(1.26) |
20.22 |
12.08 |
449,838 |
1.56 |
1.57 |
1.70 |
5 |
Year ended 10/31/18 |
19.92 |
0.28 |
(0.47) |
(0.19) |
(0.28) |
(0.15) |
(0.43) |
19.30 |
(1.01) |
634,394 |
1.54 |
1.55 |
1.42 |
10 |
Year ended 10/31/17 |
18.59 |
0.21 |
1.77 |
1.98 |
(0.18) |
(0.47) |
(0.65) |
19.92 |
10.84 |
840,125 |
1.55 |
1.57 |
1.10 |
8 |
Year ended 10/31/16 |
18.56 |
0.19 |
0.74 |
0.93 |
(0.17) |
(0.73) |
(0.90) |
18.59 |
5.41 |
778,829 |
1.55 |
1.57 |
1.04 |
11 |
| ||||||||||||||
Class R | ||||||||||||||
Year ended 10/31/20 |
20.57 |
0.38 |
(2.07) |
(1.69) |
(0.41) |
(0.58) |
(0.99) |
17.89 |
(8.48) |
179,293 |
1.08(d) |
1.08(d) |
2.05(d) |
8 |
Year ended 10/31/19 |
19.61 |
0.43 |
1.89 |
2.32 |
(0.46) |
(0.90) |
(1.36) |
20.57 |
12.69 |
255,482 |
1.06 |
1.07 |
2.20 |
5 |
Year ended 10/31/18 |
20.24 |
0.39 |
(0.49) |
(0.10) |
(0.38) |
(0.15) |
(0.53) |
19.61 |
(0.52) |
306,070 |
1.04 |
1.05 |
1.92 |
10 |
Year ended 10/31/17 |
18.88 |
0.32 |
1.80 |
2.12 |
(0.29) |
(0.47) |
(0.76) |
20.24 |
11.40 |
358,418 |
1.05 |
1.07 |
1.60 |
8 |
Year ended 10/31/16 |
18.84 |
0.28 |
0.75 |
1.03 |
(0.26) |
(0.73) |
(0.99) |
18.88 |
5.93 |
237,638 |
1.05 |
1.07 |
1.54 |
11 |
| ||||||||||||||
Class Y | ||||||||||||||
Year ended 10/31/20 |
20.53 |
0.48 |
(2.08) |
(1.60) |
(0.51) |
(0.58) |
(1.09) |
17.84 |
(8.07) |
1,589,496 |
0.58(d) |
0.58(d) |
2.55(d) |
8 |
Year ended 10/31/19 |
19.57 |
0.52 |
1.90 |
2.42 |
(0.56) |
(0.90) |
(1.46) |
20.53 |
13.27 |
2,547,134 |
0.56 |
0.57 |
2.70 |
5 |
Year ended 10/31/18 |
20.20 |
0.49 |
(0.49) |
0.00 |
(0.48) |
(0.15) |
(0.63) |
19.57 |
(0.03) |
2,844,688 |
0.54 |
0.55 |
2.42 |
10 |
Year ended 10/31/17 |
18.85 |
0.42 |
1.79 |
2.21 |
(0.39) |
(0.47) |
(0.86) |
20.20 |
11.93 |
4,278,325 |
0.55 |
0.57 |
2.10 |
8 |
Year ended 10/31/16 |
18.80 |
0.38 |
0.75 |
1.13 |
(0.35) |
(0.73) |
(1.08) |
18.85 |
6.53 |
3,670,662 |
0.55 |
0.57 |
2.04 |
11 |
| ||||||||||||||
Investor Class | ||||||||||||||
Year ended 10/31/20 |
20.49 |
0.44 |
(2.06) |
(1.62) |
(0.47) |
(0.58) |
(1.05) |
17.82 |
(8.17)(e) |
1,489,011 |
0.77(d)(e) |
0.77(d)(e) |
2.36(d)(e) |
8 |
Year ended 10/31/19 |
19.54 |
0.49 |
1.88 |
2.37 |
(0.52) |
(0.90) |
(1.42) |
20.49 |
13.00(e) |
1,817,251 |
0.74(e) |
0.75(e) |
2.52(e) |
5 |
Year ended 10/31/18 |
20.16 |
0.45 |
(0.48) |
(0.03) |
(0.44) |
(0.15) |
(0.59) |
19.54 |
(0.19)(e) |
1,815,421 |
0.74(e) |
0.75(e) |
2.22(e) |
10 |
Year ended 10/31/17 |
18.81 |
0.37 |
1.79 |
2.16 |
(0.34) |
(0.47) |
(0.81) |
20.16 |
11.69(e) |
2,113,750 |
0.75(e) |
0.77(e) |
1.90(e) |
8 |
Year ended 10/31/16 |
18.77 |
0.33 |
0.76 |
1.09 |
(0.32) |
(0.73) |
(1.05) |
18.81 |
6.29(e) |
2,114,404 |
0.76(e) |
0.78(e) |
1.83(e) |
11 |
| ||||||||||||||
Class R5 | ||||||||||||||
Year ended 10/31/20 |
20.50 |
0.49 |
(2.07) |
(1.58) |
(0.52) |
(0.58) |
(1.10) |
17.82 |
(7.98) |
3,107,721 |
0.52(d) |
0.52(d) |
2.61(d) |
8 |
Year ended 10/31/19 |
19.55 |
0.54 |
1.88 |
2.42 |
(0.57) |
(0.90) |
(1.47) |
20.50 |
13.29 |
3,915,168 |
0.50 |
0.51 |
2.76 |
5 |
Year ended 10/31/18 |
20.18 |
0.50 |
(0.49) |
0.01 |
(0.49) |
(0.15) |
(0.64) |
19.55 |
0.02 |
3,715,586 |
0.50 |
0.51 |
2.46 |
10 |
Year ended 10/31/17 |
18.83 |
0.43 |
1.79 |
2.22 |
(0.40) |
(0.47) |
(0.87) |
20.18 |
11.99 |
3,845,848 |
0.49 |
0.51 |
2.16 |
8 |
Year ended 10/31/16 |
18.78 |
0.39 |
0.76 |
1.15 |
(0.37) |
(0.73) |
(1.10) |
18.83 |
6.59 |
3,410,571 |
0.50 |
0.52 |
2.09 |
11 |
| ||||||||||||||
Class R6 | ||||||||||||||
Year ended 10/31/20 |
20.51 |
0.50 |
(2.07) |
(1.57) |
(0.53) |
(0.58) |
(1.11) |
17.83 |
(7.88) |
4,024,875 |
0.43(d) |
0.43(d) |
2.70(d) |
8 |
Year ended 10/31/19 |
19.55 |
0.55 |
1.90 |
2.45 |
(0.59) |
(0.90) |
(1.49) |
20.51 |
13.44 |
5,197,717 |
0.41 |
0.42 |
2.85 |
5 |
Year ended 10/31/18 |
20.19 |
0.51 |
(0.49) |
0.02 |
(0.51) |
(0.15) |
(0.66) |
19.55 |
0.07 |
5,905,494 |
0.40 |
0.41 |
2.56 |
10 |
Year ended 10/31/17 |
18.83 |
0.45 |
1.79 |
2.24 |
(0.41) |
(0.47) |
(0.88) |
20.19 |
12.15 |
6,344,022 |
0.39 |
0.41 |
2.26 |
8 |
Year ended 10/31/16 |
18.79 |
0.41 |
0.74 |
1.15 |
(0.38) |
(0.73) |
(1.11) |
18.83 |
6.63 |
2,620,298 |
0.40 |
0.42 |
2.19 |
11 |
|
(a) |
Calculated using average shares outstanding. |
(b) |
Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Does not include sales charges and is not annualized for periods less than one year, if applicable. |
(c) |
Portfolio turnover is calculated at the fund level and is not annualized for periods less than one year, if applicable. |
(d) |
Ratios are based on average daily net assets (000’s omitted) of $4,080,133, $377,683, $207,566, $2,082,084 , $1,603,908 , $3,373,982 and $4,715,289 for Class A, Class C, Class R, Class Y, Investor Class, Class R5 and Class R6 shares, respectively. |
(e) |
The total return, ratio of expenses to average net assets and ratio of net investment income (loss) to average net assets reflect actual 12b-1 fees of 0.19%, 0.18%, 0.20%, 0.20% and 0.21% for the years ended October 31, 2020, 2019, 2018, 2017 and 2016, respectively. |
Class A (Includes Maximum Sales Charge) |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
(1.57%) |
2.53% |
6.79% |
11.23% |
15.86% |
20.68% |
25.70% |
30.93% |
36.38% |
42.05% |
End of Year Balance |
$ 9,843.12 |
$ 10,252.59 |
$ 10,679.10 |
$ 11,123.35 |
$ 11,586.08 |
$ 12,068.06 |
$ 12,570.10 |
$ 13,093.01 |
$ 13,637.68 |
$ 14,205.01 |
Estimated Annual Expenses |
$ 631.03 |
$ 84.40 |
$ 87.91 |
$ 91.57 |
$ 95.38 |
$ 99.35 |
$ 103.48 |
$ 107.79 |
$ 112.27 |
$ 116.94 |
|
Class A (Without Maximum Sales Charge) |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.16% |
8.49% |
13.01% |
17.71% |
22.60% |
27.70% |
33.02% |
38.55% |
44.31% |
50.32% |
End of Year Balance |
$ 10,416.00 |
$ 10,849.31 |
$ 11,300.64 |
$ 11,770.74 |
$ 12,260.41 |
$ 12,770.44 |
$ 13,301.69 |
$ 13,855.04 |
$ 14,431.41 |
$ 15,031.76 |
Estimated Annual Expenses |
$ 85.75 |
$ 89.31 |
$ 93.03 |
$ 96.90 |
$ 100.93 |
$ 105.13 |
$ 109.50 |
$ 114.06 |
$ 118.80 |
$ 123.75 |
|
Class C2 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
1.59% |
1.59% |
1.59% |
1.59% |
1.59% |
1.59% |
1.59% |
1.59% |
0.84% |
0.84% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
3.41% |
6.94% |
10.58% |
14.35% |
18.25% |
22.29% |
26.46% |
30.77% |
36.21% |
41.87% |
End of Year Balance |
$ 10,341.00 |
$ 10,693.63 |
$ 11,058.28 |
$ 11,435.37 |
$ 11,825.31 |
$ 12,228.56 |
$ 12,645.55 |
$ 13,076.76 |
$ 13,620.76 |
$ 14,187.38 |
Estimated Annual Expenses |
$ 161.71 |
$ 167.23 |
$ 172.93 |
$ 178.82 |
$ 184.92 |
$ 191.23 |
$ 197.75 |
$ 204.49 |
$ 112.13 |
$ 116.79 |
|
Investor Class |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
0.78% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.22% |
8.62% |
13.20% |
17.98% |
22.96% |
28.15% |
33.55% |
39.19% |
45.06% |
51.19% |
End of Year Balance |
$ 10,422.00 |
$ 10,861.81 |
$ 11,320.18 |
$ 11,797.89 |
$ 12,295.76 |
$ 12,814.64 |
$ 13,355.42 |
$ 13,919.02 |
$ 14,506.40 |
$ 15,118.57 |
Estimated Annual Expenses |
$ 79.65 |
$ 83.01 |
$ 86.51 |
$ 90.16 |
$ 93.97 |
$ 97.93 |
$ 102.06 |
$ 106.37 |
$ 110.86 |
$ 115.54 |
|
Class R |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
1.09% |
1.09% |
1.09% |
1.09% |
1.09% |
1.09% |
1.09% |
1.09% |
1.09% |
1.09% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
3.91% |
7.97% |
12.19% |
16.58% |
21.14% |
25.88% |
30.80% |
35.91% |
41.23% |
46.75% |
End of Year Balance |
$ 10,391.00 |
$ 10,797.29 |
$ 11,219.46 |
$ 11,658.14 |
$ 12,113.98 |
$ 12,587.63 |
$ 13,079.81 |
$ 13,591.23 |
$ 14,122.65 |
$ 14,674.84 |
Estimated Annual Expenses |
$ 111.13 |
$ 115.48 |
$ 119.99 |
$ 124.68 |
$ 129.56 |
$ 134.62 |
$ 139.89 |
$ 145.36 |
$ 151.04 |
$ 156.95 |
|
Class Y |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.59% |
0.59% |
0.59% |
0.59% |
0.59% |
0.59% |
0.59% |
0.59% |
0.59% |
0.59% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.41% |
9.01% |
13.82% |
18.84% |
24.08% |
29.55% |
35.27% |
41.23% |
47.46% |
53.96% |
End of Year Balance |
$ 10,441.00 |
$ 10,901.45 |
$ 11,382.20 |
$ 11,884.16 |
$ 12,408.25 |
$ 12,955.45 |
$ 13,526.79 |
$ 14,123.32 |
$ 14,746.16 |
$ 15,396.46 |
Estimated Annual Expenses |
$ 60.30 |
$ 62.96 |
$ 65.74 |
$ 68.64 |
$ 71.66 |
$ 74.82 |
$ 78.12 |
$ 81.57 |
$ 85.16 |
$ 88.92 |
|
Class R5 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.53% |
0.53% |
0.53% |
0.53% |
0.53% |
0.53% |
0.53% |
0.53% |
0.53% |
0.53% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.47% |
9.14% |
14.02% |
19.11% |
24.44% |
30.00% |
35.81% |
41.88% |
48.23% |
54.85% |
End of Year Balance |
$ 10,447.00 |
$ 10,913.98 |
$ 11,401.84 |
$ 11,911.50 |
$ 12,443.94 |
$ 13,000.19 |
$ 13,581.29 |
$ 14,188.38 |
$ 14,822.60 |
$ 15,485.17 |
Estimated Annual Expenses |
$ 54.18 |
$ 56.61 |
$ 59.14 |
$ 61.78 |
$ 64.54 |
$ 67.43 |
$ 70.44 |
$ 73.59 |
$ 76.88 |
$ 80.32 |
|
Class R6 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.44% |
0.44% |
0.44% |
0.44% |
0.44% |
0.44% |
0.44% |
0.44% |
0.44% |
0.44% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.56% |
9.33% |
14.31% |
19.53% |
24.98% |
30.68% |
36.63% |
42.86% |
49.38% |
56.19% |
End of Year Balance |
$ 10,456.00 |
$ 10,932.79 |
$ 11,431.33 |
$ 11,952.60 |
$ 12,497.64 |
$ 13,067.53 |
$ 13,663.41 |
$ 14,286.46 |
$ 14,937.92 |
$ 15,619.09 |
Estimated Annual Expenses |
$ 45.00 |
$ 47.06 |
$ 49.20 |
$ 51.44 |
$ 53.79 |
$ 56.24 |
$ 58.81 |
$ 61.49 |
$ 64.29 |
$ 67.23 |
|
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
▪ Initial sales charge which may be waived or reduced1 |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ CDSC on certain redemptions1 |
▪ CDSC on redemptions within one year3 |
▪ No CDSC |
▪ No CDSC |
▪ No CDSC |
▪ 12b-1 fee of up to 0.25%2 |
▪ 12b-1 fee of up to 1.00%4 |
▪ 12b-1 fee of up to 0.50% |
▪ No 12b-1 fee |
▪ No 12b-1 fee |
|
▪ Investors may only open an account to purchase Class C shares if they have appointed a financial intermediary that allows for new accounts in Class C shares to be opened. This restriction does not apply to Employer Sponsored Retirement and Benefit Plans. |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
|
▪ Purchase maximums apply |
▪ Intended for Retirement and Benefit Plans5 |
|
▪ Special eligibility requirements and investment minimums apply (see “Share Class Eligibility – Class R5 and R6 shares” below) |
Category I Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.75 |
2.83 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category II Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
4.25% |
4.44% |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.50 |
2.56 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category III Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
1.00% |
1.01% |
| |||
$100,000 but less than |
$ 250,000 |
0.75 |
0.76 |
| |||
$250,000 but less than |
$ 1,000,000 |
0.50 |
0.50 |
|
Category IV Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
2.50% |
2.56% |
| |||
$100,000 but less than |
$ 250,000 |
1.75 |
1.78 |
|
Category V Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
3.25% |
3.36% |
| |||
$100,000 but less than |
$ 250,000 |
2.75 |
2.83 |
| |||
$250,000 but less than |
$ 500,000 |
1.75 |
1.78 |
| |||
$500,000 but less than |
$ 1,000,000 |
1.50 |
1.52 |
|
Category VI Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Opening An Account |
Adding To An Account |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. |
Contact your financial adviser or financial intermediary. |
By Mail |
Mail completed account application and check to the Funds’ transfer agent, Invesco Investment Services, Inc. P.O. Box 219078, Kansas City, MO 64121-9078. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
Mail your check and the remittance slip from your confirmation statement to the Funds’ transfer agent. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
|
Opening An Account |
Adding To An Account |
By Wire* |
Mail completed account application to the Funds’ transfer agent. Call the Funds’ transfer agent at (800) 959-4246 to receive a reference number. Then, use the wire instructions provided below. |
Call the Funds’ transfer agent to receive a reference number. Then, use the wire instructions provided below. |
Wire Instructions |
Beneficiary Bank ABA/Routing #: 011001234 Beneficiary Account Number: 729639 Beneficiary Account Name: Invesco Investment Services, Inc. RFB: Fund Name, Reference # OBI: Your Name, Account # | |
By Telephone* |
Open your account using one of the methods described above. |
The Bank Account Information option on your completed account application or complete a Systematic Options and Bank Information Form. Mail the application or form to the Funds’ transfer agent. Once the Funds’ transfer agent has received the form, call the Funds’ transfer agent at the number below to place your purchase order. For Class R5 and R6 shares, call the Funds’ transfer agent at (800) 959-4246 and wire payment for your purchase order in accordance with the wire instructions listed above. |
Automated Investor Line |
Open your account using one of the methods described above. |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your order after you have provided the bank instructions that will be requested. |
By Internet |
Open your account using one of the methods described above. |
Access your account at www.invesco.com/us. The proper bank instructions must have been provided on your account. You may not purchase shares in Retirement and Benefit Plans on the internet. |
*Class R5 and R6 shares may only be purchased through a financial intermediary or by telephone at (800) 959-4246. |
How to Redeem Shares | |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. The Funds’ transfer agent must receive your financial adviser’s or financial intermediary’s call before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. Please contact your financial adviser or financial intermediary with respect to reporting of cost basis and available elections for your account. |
By Mail |
Send a written request to the Funds’ transfer agent which includes: |
|
▪ Original signatures of all registered owners/trustees; ▪ The dollar value or number of shares that you wish to redeem; ▪ The name of the Fund(s) and your account number; ▪ The cost basis method or specific shares you wish to redeem for tax reporting purposes, if different than the method already on record; and |
|
▪ Signature guarantees, if necessary (see below). The Funds’ transfer agent may require that you provide additional documentation, or information, such as corporate resolutions or powers of attorney, if applicable. If you are redeeming from a Retirement and Benefit Plan, you must complete the appropriate distribution form. |
How to Redeem Shares | |
By Telephone* |
Call the Funds’ transfer agent at 1-800-959-4246. You will be allowed to redeem by telephone if: ▪ Your redemption proceeds are to be mailed to your address on record (and there has been no change in your address of record within the last 15 days) or transferred electronically to a pre-authorized checking account; ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have not previously declined the telephone redemption privilege. |
|
You may, in limited circumstances, initiate a redemption from an Invesco IRA by telephone. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. You must call the Funds’ transfer agent before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. |
Automated Investor Line |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your redemption order after you have provided the bank instructions that will be requested. |
By Internet |
Place your redemption request at www.invesco.com/us. You will be allowed to redeem by Internet if: ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have already provided proper bank information. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. |
*Class R5 and R6 shares may only be redeemed through a financial intermediary or by telephone at (800) 959-4246. |
Exchange From |
Exchange To |
Invesco Cash Reserve Shares |
Class A, C, R, Investor Class |
| |
Class A |
Class A, Investor Class, Invesco Cash Reserve Shares* |
| |
Class A2 |
Class A, Investor Class, Invesco Cash Reserve Shares |
| |
Class AX |
Class A, AX, Investor Class, Invesco Cash Reserve Shares |
| |
Investor Class |
Class A, Investor Class |
| |
Class P |
Class A, Invesco Cash Reserve Shares |
| |
Class S |
Class A, S, Invesco Cash Reserve Shares |
| |
Class C |
Class C* |
| |
Class CX |
Class C, CX |
| |
Class R |
Class R* |
| |
Class RX |
Class R, RX |
| |
Class R5 |
Class R5 |
| |
Class R6 |
Class R6 |
| |
Class Y |
Class Y* |
|
|
* You may exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund as long as you are otherwise eligible for such share class. If you exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund, you may exchange those Class A, C or R shares back into Class Y shares of Invesco U.S. Government Money Portfolio, but not Class Y shares of any other Fund. |
By Mail: |
Invesco Investment Services, Inc. P.O. Box 219078 Kansas City, MO 64121-9078 |
By Telephone: |
(800) 959-4246 |
On the Internet: |
You can send us a request by e-mail or download prospectuses, SAIs, annual or semi-annual reports via our website: www.invesco.com/us |
Invesco Diversified Dividend Fund SEC 1940 Act file number: 811-01424 |
invesco.com/us |
DDI-PRO-1 |
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Fund Summary |
1 |
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4 | |
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8 | |
8 | |
9 | |
9 | |
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9 | |
9 | |
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10 | |
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A-1 | |
A-2 | |
A-3 | |
A-3 | |
A-10 | |
A-10 | |
A-12 | |
A-15 | |
A-16 | |
A-16 | |
A-18 | |
A-20 | |
A-23 | |
A-25 | |
A-26 | |
A-26 | |
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Back Cover |
Class: |
A |
C |
R |
Y |
R5 |
R6 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
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Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) |
1 |
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Class: |
A |
C |
R |
Y |
R5 |
R6 |
Management Fees |
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Distribution and/or Service (12b-1) Fees2 |
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Other Expenses |
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Total Annual Fund Operating Expenses |
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1 Year |
3 Years |
5 Years |
10 Years |
Class A |
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Class C |
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Class R |
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Class Y |
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Class R5 |
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Class R6 |
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1 Year |
3 Years |
5 Years |
10 Years |
Class A |
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Class C |
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Class R |
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Class Y |
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Class R5 |
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Class R6 |
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Inception Date |
1 Year |
5 Years |
10 Years |
Class A |
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Return Before Taxes |
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Return After Taxes on Distributions |
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Return After Taxes on Distributions and Sale of Fund Shares |
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Class C |
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Class R |
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| ||||
Class Y |
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Class R5 |
|
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1 |
1 |
| ||||
Class R6 |
|
|
1 |
1 |
| ||||
Russell 3000® Index (reflects no deductions for fees, expenses or taxes) |
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|
|
|
|
Portfolio Managers |
Title |
Length of Service on the Fund |
Magnus Krantz |
Portfolio Manager |
2019 (predecessor fund 2014) |
| ||
Joy Budzinski |
Portfolio Manager |
2019 (predecessor fund 2014) |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other types of accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Net asset value, beginning of period |
Net investment income (loss)(a) |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends from net investment income |
Distributions from net realized gains |
Total distributions |
Net asset value, end of period |
Total return(b) |
Net assets, end of period (000's omitted) |
Ratio of expenses to average net assets with fee waivers and/or expenses absorbed |
Ratio of expenses to average net assets without fee waivers and/or expenses absorbed(c) |
Ratio of net investment income (loss) to average net assets |
Portfolio turnover (d) |
Class A | ||||||||||||||
Year ended 10/31/20 |
$ 18.53 |
$ 0.14 |
$ 1.94 |
$ 2.08 |
$ (0.09) |
$ (0.07) |
$ (0.16) |
$ 20.45 |
11.24%(e) |
$ 938,494 |
1.12%(e)(f) |
1.12%(e)(f) |
0.73%(e)(f) |
28% |
Three months ended 10/31/19 |
18.30 |
0.03 |
0.20 |
0.23 |
— |
— |
— |
18.53 |
1.26 |
957,529 |
1.14(g) |
1.14(g) |
0.73(g) |
7 |
Year ended 07/31/19 |
18.77 |
0.13 |
0.75 |
0.88 |
(0.07) |
(1.28) |
(1.35) |
18.30 |
5.84 |
976,093 |
1.13 |
1.13 |
0.73 |
48 |
Year ended 07/31/18 |
19.40 |
0.09 |
1.84 |
1.93 |
(0.18) |
(2.38) |
(2.56) |
18.77 |
10.55 |
923,741 |
1.13 |
1.14 |
0.50 |
48 |
Year ended 07/31/17 |
18.35 |
0.17 |
2.21 |
2.38 |
(0.20) |
(1.13) |
(1.33) |
19.40 |
13.67 |
919,892 |
1.14 |
1.15 |
0.92 |
89 |
Year ended 07/31/16 |
20.29 |
0.14 |
0.00 |
0.14 |
(0.10) |
(1.98) |
(2.08) |
18.35 |
1.26 |
927,091 |
1.14 |
1.14 |
0.80 |
67 |
| ||||||||||||||
Class C | ||||||||||||||
Year ended 10/31/20 |
16.66 |
(0.01) |
1.76 |
1.75 |
(0.03) |
(0.07) |
(0.10) |
18.31 |
10.52 |
61,600 |
1.88(f) |
1.88(f)(g) |
(0.03)(f)(g) |
28 |
Three months ended 10/31/19 |
16.49 |
— |
0.17 |
0.17 |
— |
— |
— |
16.66 |
1.03 |
69,736 |
1.90(g) |
1.90(g) |
(0.03)(g) |
7 |
Year ended 07/31/19 |
17.10 |
— |
0.67 |
0.67 |
— |
(1.28) |
(1.28) |
16.49 |
5.18 |
73,404 |
1.89 |
1.89 |
(0.02) |
48 |
Year ended 07/31/18 |
17.88 |
(0.04) |
1.68 |
1.64 |
(0.04) |
(2.38) |
(2.42) |
17.10 |
9.67 |
201,771 |
1.88 |
1.89 |
(0.25) |
48 |
Year ended 07/31/17 |
17.01 |
0.03 |
2.04 |
2.07 |
(0.07) |
(1.13) |
(1.20) |
17.88 |
12.84 |
219,426 |
1.89 |
1.90 |
0.17 |
89 |
Year ended 07/31/16 |
19.00 |
0.01 |
(0.02) |
(0.01) |
— |
(1.98) |
(1.98) |
17.01 |
0.48 |
228,811 |
1.89 |
1.89 |
0.05 |
67 |
| ||||||||||||||
Class R | ||||||||||||||
Year ended 10/31/20 |
17.91 |
0.09 |
1.88 |
1.97 |
(0.07) |
(0.07) |
(0.14) |
19.74 |
11.01 |
49,869 |
1.38(f) |
1.38(f) |
0.47(f) |
28 |
Three months ended 10/31/19 |
17.70 |
0.02 |
0.19 |
0.21 |
— |
— |
— |
17.91 |
1.19 |
53,064 |
1.40(g) |
1.40(g) |
0.47(g) |
7 |
Year ended 07/31/19 |
18.20 |
0.08 |
0.73 |
0.81 |
(0.03) |
(1.28) |
(1.31) |
17.70 |
5.63 |
55,265 |
1.38 |
1.38 |
0.48 |
48 |
Year ended 07/31/18 |
18.88 |
0.05 |
1.78 |
1.83 |
(0.13) |
(2.38) |
(2.51) |
18.20 |
10.27 |
58,150 |
1.38 |
1.39 |
0.25 |
48 |
Year ended 07/31/17 |
17.89 |
0.12 |
2.16 |
2.28 |
(0.16) |
(1.13) |
(1.29) |
18.88 |
13.40 |
62,250 |
1.39 |
1.40 |
0.67 |
89 |
Year ended 07/31/16 |
19.83 |
0.10 |
(0.02) |
0.08 |
(0.04) |
(1.98) |
(2.02) |
17.89 |
0.96 |
61,124 |
1.39 |
1.39 |
0.55 |
67 |
| ||||||||||||||
Class Y | ||||||||||||||
Year ended 10/31/20 |
19.01 |
0.19 |
2.01 |
2.20 |
(0.11) |
(0.07) |
(0.18) |
21.03 |
11.59 |
49,316 |
0.88(f) |
0.88(f) |
0.97(f) |
28 |
Three months ended 10/31/19 |
18.77 |
0.05 |
0.19 |
0.24 |
— |
— |
— |
19.01 |
1.28 |
46,309 |
0.91(g) |
0.91(g) |
0.97(g) |
7 |
Year ended 07/31/19 |
19.22 |
0.18 |
0.77 |
0.95 |
(0.12) |
(1.28) |
(1.40) |
18.77 |
6.11 |
44,719 |
0.89 |
0.89 |
0.98 |
48 |
Year ended 07/31/18 |
19.81 |
0.14 |
1.88 |
2.02 |
(0.23) |
(2.38) |
(2.61) |
19.22 |
10.84 |
42,354 |
0.88 |
0.89 |
0.74 |
48 |
Year ended 07/31/17 |
18.70 |
0.22 |
2.26 |
2.48 |
(0.24) |
(1.13) |
(1.37) |
19.81 |
13.96 |
43,905 |
0.90 |
0.91 |
1.15 |
89 |
Year ended 07/31/16 |
20.65 |
0.19 |
(0.02) |
0.17 |
(0.14) |
(1.98) |
(2.12) |
18.70 |
1.43 |
32,254 |
0.89 |
0.89 |
1.05 |
67 |
| ||||||||||||||
Class R5 | ||||||||||||||
Year ended 10/31/20 |
18.56 |
0.20 |
1.95 |
2.15 |
(0.11) |
(0.07) |
(0.18) |
20.53 |
11.64 |
12 |
0.80(f) |
0.80(f) |
1.05(f) |
28 |
Three months ended 10/31/19 |
18.31 |
0.05 |
0.20 |
0.25 |
— |
— |
— |
18.56 |
1.37 |
11 |
0.84(g) |
0.84(g) |
1.04(g) |
7 |
Period ended 07/31/19(h) |
17.13 |
0.04 |
1.14 |
1.18 |
— |
— |
— |
18.31 |
6.89 |
11 |
0.79(g) |
0.79(g) |
1.07(g) |
48 |
| ||||||||||||||
Class R6 | ||||||||||||||
Year ended 10/31/20 |
18.56 |
0.20 |
1.96 |
2.16 |
(0.12) |
(0.07) |
(0.19) |
20.53 |
11.68 |
102 |
0.80(f) |
0.80(f) |
1.05(f) |
28 |
Three months ended 10/31/19 |
18.31 |
0.05 |
0.20 |
0.25 |
— |
— |
— |
18.56 |
1.37 |
11 |
0.73(g) |
0.73(g) |
1.15(g) |
7 |
Period ended 07/31/19(h) |
17.13 |
0.04 |
1.14 |
1.18 |
— |
— |
— |
18.31 |
6.89 |
11 |
0.74(g) |
0.74(g) |
1.12(g) |
48 |
|
(a) |
Calculated using average shares outstanding. |
(b) |
Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Does not include sales charges and is not annualized for periods less than one year, if applicable. |
(c) |
Does not include indirect expenses from affiliated fund fees and expenses of 0.00% for the three months ended October 31, 2019 and the years ended July 31, 2019, 2018, 2017 and 2016, respectively. |
(d) |
Portfolio turnover is calculated at the fund level and is not annualized for periods less than one year, if applicable. |
(e) |
The total return, ratio of expenses to average net assets and ratio of net investment income (loss) to average net assets reflect actual 12b-1 fees of 0.24% for the year ended ended October 31, 2020. |
(f) |
Ratios are based on average daily net assets (000’s omitted) of $937,718, $64,590, $51,226, $46,941, $11 and $80 for Class A, Class C, Class R, Class Y, Class R5 and Class R6 shares, respectively. |
(g) |
Annualized. |
(h) |
Commencement date after the close of business on May 24, 2019. |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
▪ Initial sales charge which may be waived or reduced1 |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ CDSC on certain redemptions1 |
▪ CDSC on redemptions within one year3 |
▪ No CDSC |
▪ No CDSC |
▪ No CDSC |
▪ 12b-1 fee of up to 0.25%2 |
▪ 12b-1 fee of up to 1.00%4 |
▪ 12b-1 fee of up to 0.50% |
▪ No 12b-1 fee |
▪ No 12b-1 fee |
|
▪ Investors may only open an account to purchase Class C shares if they have appointed a financial intermediary that allows for new accounts in Class C shares to be opened. This restriction does not apply to Employer Sponsored Retirement and Benefit Plans. |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
|
▪ Purchase maximums apply |
▪ Intended for Retirement and Benefit Plans5 |
|
▪ Special eligibility requirements and investment minimums apply (see “Share Class Eligibility – Class R5 and R6 shares” below) |
Category I Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.75 |
2.83 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category II Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
4.25% |
4.44% |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.50 |
2.56 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category III Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
1.00% |
1.01% |
| |||
$100,000 but less than |
$ 250,000 |
0.75 |
0.76 |
| |||
$250,000 but less than |
$ 1,000,000 |
0.50 |
0.50 |
|
Category IV Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
2.50% |
2.56% |
| |||
$100,000 but less than |
$ 250,000 |
1.75 |
1.78 |
|
Category V Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
3.25% |
3.36% |
| |||
$100,000 but less than |
$ 250,000 |
2.75 |
2.83 |
| |||
$250,000 but less than |
$ 500,000 |
1.75 |
1.78 |
| |||
$500,000 but less than |
$ 1,000,000 |
1.50 |
1.52 |
|
Category VI Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Opening An Account |
Adding To An Account |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. |
Contact your financial adviser or financial intermediary. |
By Mail |
Mail completed account application and check to the Funds’ transfer agent, Invesco Investment Services, Inc. P.O. Box 219078, Kansas City, MO 64121-9078. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
Mail your check and the remittance slip from your confirmation statement to the Funds’ transfer agent. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
|
Opening An Account |
Adding To An Account |
By Wire* |
Mail completed account application to the Funds’ transfer agent. Call the Funds’ transfer agent at (800) 959-4246 to receive a reference number. Then, use the wire instructions provided below. |
Call the Funds’ transfer agent to receive a reference number. Then, use the wire instructions provided below. |
Wire Instructions |
Beneficiary Bank ABA/Routing #: 011001234 Beneficiary Account Number: 729639 Beneficiary Account Name: Invesco Investment Services, Inc. RFB: Fund Name, Reference # OBI: Your Name, Account # | |
By Telephone* |
Open your account using one of the methods described above. |
The Bank Account Information option on your completed account application or complete a Systematic Options and Bank Information Form. Mail the application or form to the Funds’ transfer agent. Once the Funds’ transfer agent has received the form, call the Funds’ transfer agent at the number below to place your purchase order. For Class R5 and R6 shares, call the Funds’ transfer agent at (800) 959-4246 and wire payment for your purchase order in accordance with the wire instructions listed above. |
Automated Investor Line |
Open your account using one of the methods described above. |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your order after you have provided the bank instructions that will be requested. |
By Internet |
Open your account using one of the methods described above. |
Access your account at www.invesco.com/us. The proper bank instructions must have been provided on your account. You may not purchase shares in Retirement and Benefit Plans on the internet. |
*Class R5 and R6 shares may only be purchased through a financial intermediary or by telephone at (800) 959-4246. |
How to Redeem Shares | |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. The Funds’ transfer agent must receive your financial adviser’s or financial intermediary’s call before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. Please contact your financial adviser or financial intermediary with respect to reporting of cost basis and available elections for your account. |
By Mail |
Send a written request to the Funds’ transfer agent which includes: |
|
▪ Original signatures of all registered owners/trustees; ▪ The dollar value or number of shares that you wish to redeem; ▪ The name of the Fund(s) and your account number; ▪ The cost basis method or specific shares you wish to redeem for tax reporting purposes, if different than the method already on record; and |
|
▪ Signature guarantees, if necessary (see below). The Funds’ transfer agent may require that you provide additional documentation, or information, such as corporate resolutions or powers of attorney, if applicable. If you are redeeming from a Retirement and Benefit Plan, you must complete the appropriate distribution form. |
How to Redeem Shares | |
By Telephone* |
Call the Funds’ transfer agent at 1-800-959-4246. You will be allowed to redeem by telephone if: ▪ Your redemption proceeds are to be mailed to your address on record (and there has been no change in your address of record within the last 15 days) or transferred electronically to a pre-authorized checking account; ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have not previously declined the telephone redemption privilege. |
|
You may, in limited circumstances, initiate a redemption from an Invesco IRA by telephone. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. You must call the Funds’ transfer agent before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. |
Automated Investor Line |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your redemption order after you have provided the bank instructions that will be requested. |
By Internet |
Place your redemption request at www.invesco.com/us. You will be allowed to redeem by Internet if: ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have already provided proper bank information. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. |
*Class R5 and R6 shares may only be redeemed through a financial intermediary or by telephone at (800) 959-4246. |
Exchange From |
Exchange To |
Invesco Cash Reserve Shares |
Class A, C, R, Investor Class |
| |
Class A |
Class A, Investor Class, Invesco Cash Reserve Shares* |
| |
Class A2 |
Class A, Investor Class, Invesco Cash Reserve Shares |
| |
Class AX |
Class A, AX, Investor Class, Invesco Cash Reserve Shares |
| |
Investor Class |
Class A, Investor Class |
| |
Class P |
Class A, Invesco Cash Reserve Shares |
| |
Class S |
Class A, S, Invesco Cash Reserve Shares |
| |
Class C |
Class C* |
| |
Class CX |
Class C, CX |
| |
Class R |
Class R* |
| |
Class RX |
Class R, RX |
| |
Class R5 |
Class R5 |
| |
Class R6 |
Class R6 |
| |
Class Y |
Class Y* |
|
|
* You may exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund as long as you are otherwise eligible for such share class. If you exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund, you may exchange those Class A, C or R shares back into Class Y shares of Invesco U.S. Government Money Portfolio, but not Class Y shares of any other Fund. |
By Mail: |
Invesco Investment Services, Inc. P.O. Box 219078 Kansas City, MO 64121-9078 |
By Telephone: |
(800) 959-4246 |
On the Internet: |
You can send us a request by e-mail or download prospectuses, SAIs, annual or semi-annual reports via our website: www.invesco.com/us |
Invesco Main Street All Cap Fund® SEC 1940 Act file number: 811-01424 |
invesco.com/us |
O-MSA-PRO-1 |
| |
Fund Summary |
1 |
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3 | |
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10 | |
10 | |
10 | |
10 | |
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11 | |
11 | |
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12 | |
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A-1 | |
A-1 | |
A-2 | |
A-3 | |
A-3 | |
A-10 | |
A-10 | |
A-12 | |
A-15 | |
A-16 | |
A-16 | |
A-18 | |
A-20 | |
A-23 | |
A-25 | |
A-26 | |
A-26 | |
| |
Back Cover |
Class: |
A |
C |
R |
Y |
R5 |
R6 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
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Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) |
1 |
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Class: |
A |
C |
R |
Y |
R5 |
R6 |
Management Fees |
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Distribution and/or Service (12b-1) Fees2 |
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Other Expenses |
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Total Annual Fund Operating Expenses |
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1 Year |
3 Years |
5 Years |
10 Years |
Class A |
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Class C |
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Class R |
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Class Y |
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Class R5 |
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Class R6 |
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1 Year |
3 Years |
5 Years |
10 Years |
Class A |
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Class C |
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Class R |
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Class Y |
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Class R5 |
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Class R6 |
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Inception Date |
1 Year |
5 Years |
10 Years |
Since Inception |
Class A |
|
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|
|
Return Before Taxes |
|
|
|
|
—% |
Return After Taxes on Distributions |
|
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|
|
— |
Return After Taxes on Distributions and Sale of Fund Shares |
|
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|
— |
| |||||
Class C |
|
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|
— |
| |||||
Class R |
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|
|
— |
| |||||
Class Y |
|
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|
|
— |
| |||||
Class R5 |
|
|
1 |
1 |
— |
| |||||
Class R6 |
|
|
|
— |
|
| |||||
S&P 500® Index (reflects no deductions for fees, expenses or taxes) |
|
|
|
|
— |
|
Portfolio Managers |
Title |
Length of Service on the Fund |
Manind Govil |
Portfolio Manager (lead) |
2019 (predecessor fund 2009) |
| ||
Benjamin Ram |
Portfolio Manager |
2019 (predecessor fund 2009) |
| ||
Paul Larson |
Portfolio Manager |
2019 (predecessor fund 2014) |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other types of accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Net asset value, beginning of period |
Net investment income(a) |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends from net investment income |
Distributions from net realized gains |
Total distributions |
Net asset value, end of period |
Total return(b) |
Net assets, end of period (000's omitted) |
Ratio of expenses to average net assets with fee waivers and/or expenses absorbed |
Ratio of expenses to average net assets without fee waivers and/or expenses absorbed(c) |
Ratio of net investment income to average net assets |
Portfolio turnover (d) |
Class A | ||||||||||||||
Year ended 10/31/20 |
$ 49.26 |
$ 0.44 |
$ 3.08 |
$ 3.52 |
$ (0.43) |
$ (3.65) |
$ (4.08) |
$ 48.70 |
7.38%(e) |
$ 7,502,604 |
0.83%(e)(f) |
0.83%(e)(f) |
0.93%(e)(f) |
37% |
Two months ended 10/31/19 |
48.16 |
0.07 |
1.03 |
1.10 |
— |
— |
— |
49.26 |
2.28 |
7,681,783 |
0.85 |
0.85 |
0.81 |
7 |
Year ended 08/31/19 |
54.31 |
0.49 |
1.14 |
1.63 |
(0.49) |
(7.29) |
(7.78) |
48.16 |
5.14 |
7,625,507 |
0.88 |
0.88 |
1.03 |
49 |
Year ended 08/31/18 |
52.61 |
0.45 |
5.08 |
5.53 |
(0.55) |
(3.28) |
(3.83) |
54.31 |
10.99 |
7,579,158 |
0.90 |
0.90 |
0.87 |
56 |
Year ended 08/31/17 |
46.57 |
0.53 |
6.90 |
7.43 |
(0.51) |
(0.88) |
(1.39) |
52.61 |
16.27 |
7,436,792 |
0.93 |
0.93 |
1.08 |
40 |
Year ended 08/31/16 |
47.64 |
0.50 |
4.41 |
4.91 |
(0.43) |
(5.55) |
(5.98) |
46.57 |
11.22 |
5,488,385 |
0.93 |
0.93 |
1.12 |
39 |
| ||||||||||||||
Class C | ||||||||||||||
Year ended 10/31/20 |
45.99 |
0.07 |
2.86 |
2.93 |
(0.31) |
(3.65) |
(3.96) |
44.96 |
6.55 |
300,125 |
1.60(f) |
1.60(f) |
0.16(f) |
37 |
Two months ended 10/31/19 |
45.03 |
0.00 |
0.96 |
0.96 |
— |
— |
— |
45.99 |
2.13 |
343,918 |
1.62 |
1.62 |
0.04 |
7 |
Year ended 08/31/19 |
51.26 |
0.11 |
1.06 |
1.17 |
(0.11) |
(7.29) |
(7.40) |
45.03 |
4.34 |
350,276 |
1.65 |
1.65 |
0.26 |
49 |
Year ended 08/31/18 |
49.85 |
0.05 |
4.81 |
4.86 |
(0.17) |
(3.28) |
(3.45) |
51.26 |
10.16 |
810,071 |
1.67 |
1.67 |
0.11 |
56 |
Year ended 08/31/17 |
44.24 |
0.15 |
6.54 |
6.69 |
(0.20) |
(0.88) |
(1.08) |
49.85 |
15.39 |
826,928 |
1.68 |
1.68 |
0.32 |
40 |
Year ended 08/31/16 |
45.51 |
0.16 |
4.21 |
4.37 |
(0.09) |
(5.55) |
(5.64) |
44.24 |
10.39 |
705,167 |
1.69 |
1.69 |
0.36 |
39 |
| ||||||||||||||
Class R | ||||||||||||||
Year ended 10/31/20 |
48.13 |
0.30 |
3.00 |
3.30 |
(0.38) |
(3.65) |
(4.03) |
47.40 |
7.09 |
219,954 |
1.10(f) |
1.10(f) |
0.66(f) |
37 |
Two months ended 10/31/19 |
47.08 |
0.04 |
1.01 |
1.05 |
— |
— |
— |
48.13 |
2.23 |
221,335 |
1.12 |
1.12 |
0.54 |
7 |
Year ended 08/31/19 |
53.26 |
0.35 |
1.11 |
1.46 |
(0.35) |
(7.29) |
(7.64) |
47.08 |
4.84 |
218,620 |
1.15 |
1.15 |
0.76 |
49 |
Year ended 08/31/18 |
51.70 |
0.31 |
4.98 |
5.29 |
(0.45) |
(3.28) |
(3.73) |
53.26 |
10.70 |
223,733 |
1.17 |
1.17 |
0.61 |
56 |
Year ended 08/31/17 |
45.82 |
0.40 |
6.77 |
7.17 |
(0.41) |
(0.88) |
(1.29) |
51.70 |
15.99 |
189,337 |
1.18 |
1.18 |
0.82 |
40 |
Year ended 08/31/16 |
46.95 |
0.38 |
4.36 |
4.74 |
(0.32) |
(5.55) |
(5.87) |
45.82 |
10.94 |
132,365 |
1.19 |
1.19 |
0.86 |
39 |
| ||||||||||||||
Class Y | ||||||||||||||
Year ended 10/31/20 |
48.82 |
0.54 |
3.07 |
3.61 |
(0.47) |
(3.65) |
(4.12) |
48.31 |
7.64 |
443,001 |
0.60(f) |
0.60(f) |
1.16(f) |
37 |
Two months ended 10/31/19 |
47.72 |
0.08 |
1.02 |
1.10 |
— |
— |
— |
48.82 |
2.31 |
611,287 |
0.62 |
0.62 |
1.04 |
7 |
Year ended 08/31/19 |
53.90 |
0.59 |
1.13 |
1.72 |
(0.61) |
(7.29) |
(7.90) |
47.72 |
5.37 |
590,781 |
0.65 |
0.65 |
1.26 |
49 |
Year ended 08/31/18 |
52.25 |
0.57 |
5.03 |
5.60 |
(0.67) |
(3.28) |
(3.95) |
53.90 |
11.25 |
820,422 |
0.67 |
0.67 |
1.10 |
56 |
Year ended 08/31/17 |
46.26 |
0.64 |
6.85 |
7.49 |
(0.62) |
(0.88) |
(1.50) |
52.25 |
16.55 |
778,910 |
0.69 |
0.69 |
1.32 |
40 |
Year ended 08/31/16 |
47.37 |
0.62 |
4.37 |
4.99 |
(0.55) |
(5.55) |
(6.10) |
46.26 |
11.49 |
632,805 |
0.69 |
0.69 |
1.39 |
39 |
| ||||||||||||||
Class R5 | ||||||||||||||
Year ended 10/31/20 |
49.33 |
0.61 |
3.08 |
3.69 |
(0.48) |
(3.65) |
(4.13) |
48.89 |
7.75 |
11 |
0.48(f) |
0.48(f) |
1.28(f) |
37 |
Two months ended 10/31/19 |
48.20 |
0.09 |
1.04 |
1.13 |
— |
— |
— |
49.33 |
2.34 |
11 |
0.52 |
0.52 |
1.14 |
7 |
Period ended 08/31/19(g) |
45.79 |
0.18 |
2.23 |
2.41 |
— |
— |
— |
48.20 |
5.26 |
11 |
0.54(h) |
0.54(h) |
1.37(h) |
49 |
| ||||||||||||||
Class R6 | ||||||||||||||
Year ended 10/31/20 |
48.77 |
0.60 |
3.05 |
3.65 |
(0.49) |
(3.65) |
(4.14) |
48.28 |
7.75 |
438,565 |
0.48(f) |
0.48(f) |
1.28(f) |
37 |
Two months ended 10/31/19 |
47.66 |
0.09 |
1.02 |
1.11 |
— |
— |
— |
48.77 |
2.33 |
616,482 |
0.48 |
0.48 |
1.18 |
7 |
Year ended 08/31/19 |
53.87 |
0.66 |
1.12 |
1.78 |
(0.70) |
(7.29) |
(7.99) |
47.66 |
5.55 |
621,207 |
0.49 |
0.49 |
1.42 |
49 |
Year ended 08/31/18 |
52.22 |
0.66 |
5.03 |
5.69 |
(0.76) |
(3.28) |
(4.04) |
53.87 |
11.45 |
720,854 |
0.50 |
0.50 |
1.27 |
56 |
Year ended 08/31/17 |
46.25 |
0.73 |
6.83 |
7.56 |
(0.71) |
(0.88) |
(1.59) |
52.22 |
16.76 |
756,378 |
0.50 |
0.50 |
1.49 |
40 |
Year ended 08/31/16 |
47.36 |
0.67 |
4.42 |
5.09 |
(0.65) |
(5.55) |
(6.20) |
46.25 |
11.72 |
589,459 |
0.50 |
0.50 |
1.50 |
39 |
|
(a) |
Calculated using average shares outstanding. |
(b) |
Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Does not include sales charges and is not annualized for periods less than one year, if applicable. |
(c) |
Does not include estimated acquired fund fees from underlying funds of 0.00% for the two months ended October 31, 2019 and the years ended August 31, 2019, 2018, 2017 and 2016, respectively. |
(d) |
Portfolio turnover is calculated at the fund level and is not annualized for periods less than one year, if applicable. |
(e) |
The total return, ratio of expenses to average net assets and ratio of net investment income (loss) to average net assets reflect actual 12b-1 fees of 0.23% for the year ended October 31, 2020. |
(f) |
Ratios are based on average daily net assets (000’s omitted) of $7,510,335, $324,213, $219,722, $501,786, $10 and $469,931 for Class A, Class C, Class R, Class Y, Class R5 and Class R6 shares, respectively. |
(g) |
Commencement date after the close of business on May 24, 2019. |
(h) |
Annualized. |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
▪ Initial sales charge which may be waived or reduced1 |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ CDSC on certain redemptions1 |
▪ CDSC on redemptions within one year3 |
▪ No CDSC |
▪ No CDSC |
▪ No CDSC |
▪ 12b-1 fee of up to 0.25%2 |
▪ 12b-1 fee of up to 1.00%4 |
▪ 12b-1 fee of up to 0.50% |
▪ No 12b-1 fee |
▪ No 12b-1 fee |
|
▪ Investors may only open an account to purchase Class C shares if they have appointed a financial intermediary that allows for new accounts in Class C shares to be opened. This restriction does not apply to Employer Sponsored Retirement and Benefit Plans. |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
|
▪ Purchase maximums apply |
▪ Intended for Retirement and Benefit Plans5 |
|
▪ Special eligibility requirements and investment minimums apply (see “Share Class Eligibility – Class R5 and R6 shares” below) |
Category I Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.75 |
2.83 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category II Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
4.25% |
4.44% |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.50 |
2.56 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category III Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
1.00% |
1.01% |
| |||
$100,000 but less than |
$ 250,000 |
0.75 |
0.76 |
| |||
$250,000 but less than |
$ 1,000,000 |
0.50 |
0.50 |
|
Category IV Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
2.50% |
2.56% |
| |||
$100,000 but less than |
$ 250,000 |
1.75 |
1.78 |
|
Category V Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
3.25% |
3.36% |
| |||
$100,000 but less than |
$ 250,000 |
2.75 |
2.83 |
| |||
$250,000 but less than |
$ 500,000 |
1.75 |
1.78 |
| |||
$500,000 but less than |
$ 1,000,000 |
1.50 |
1.52 |
|
Category VI Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Opening An Account |
Adding To An Account |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. |
Contact your financial adviser or financial intermediary. |
By Mail |
Mail completed account application and check to the Funds’ transfer agent, Invesco Investment Services, Inc. P.O. Box 219078, Kansas City, MO 64121-9078. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
Mail your check and the remittance slip from your confirmation statement to the Funds’ transfer agent. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
|
Opening An Account |
Adding To An Account |
By Wire* |
Mail completed account application to the Funds’ transfer agent. Call the Funds’ transfer agent at (800) 959-4246 to receive a reference number. Then, use the wire instructions provided below. |
Call the Funds’ transfer agent to receive a reference number. Then, use the wire instructions provided below. |
Wire Instructions |
Beneficiary Bank ABA/Routing #: 011001234 Beneficiary Account Number: 729639 Beneficiary Account Name: Invesco Investment Services, Inc. RFB: Fund Name, Reference # OBI: Your Name, Account # | |
By Telephone* |
Open your account using one of the methods described above. |
The Bank Account Information option on your completed account application or complete a Systematic Options and Bank Information Form. Mail the application or form to the Funds’ transfer agent. Once the Funds’ transfer agent has received the form, call the Funds’ transfer agent at the number below to place your purchase order. For Class R5 and R6 shares, call the Funds’ transfer agent at (800) 959-4246 and wire payment for your purchase order in accordance with the wire instructions listed above. |
Automated Investor Line |
Open your account using one of the methods described above. |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your order after you have provided the bank instructions that will be requested. |
By Internet |
Open your account using one of the methods described above. |
Access your account at www.invesco.com/us. The proper bank instructions must have been provided on your account. You may not purchase shares in Retirement and Benefit Plans on the internet. |
*Class R5 and R6 shares may only be purchased through a financial intermediary or by telephone at (800) 959-4246. |
How to Redeem Shares | |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. The Funds’ transfer agent must receive your financial adviser’s or financial intermediary’s call before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. Please contact your financial adviser or financial intermediary with respect to reporting of cost basis and available elections for your account. |
By Mail |
Send a written request to the Funds’ transfer agent which includes: |
|
▪ Original signatures of all registered owners/trustees; ▪ The dollar value or number of shares that you wish to redeem; ▪ The name of the Fund(s) and your account number; ▪ The cost basis method or specific shares you wish to redeem for tax reporting purposes, if different than the method already on record; and |
|
▪ Signature guarantees, if necessary (see below). The Funds’ transfer agent may require that you provide additional documentation, or information, such as corporate resolutions or powers of attorney, if applicable. If you are redeeming from a Retirement and Benefit Plan, you must complete the appropriate distribution form. |
How to Redeem Shares | |
By Telephone* |
Call the Funds’ transfer agent at 1-800-959-4246. You will be allowed to redeem by telephone if: ▪ Your redemption proceeds are to be mailed to your address on record (and there has been no change in your address of record within the last 15 days) or transferred electronically to a pre-authorized checking account; ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have not previously declined the telephone redemption privilege. |
|
You may, in limited circumstances, initiate a redemption from an Invesco IRA by telephone. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. You must call the Funds’ transfer agent before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. |
Automated Investor Line |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your redemption order after you have provided the bank instructions that will be requested. |
By Internet |
Place your redemption request at www.invesco.com/us. You will be allowed to redeem by Internet if: ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have already provided proper bank information. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. |
*Class R5 and R6 shares may only be redeemed through a financial intermediary or by telephone at (800) 959-4246. |
Exchange From |
Exchange To |
Invesco Cash Reserve Shares |
Class A, C, R, Investor Class |
| |
Class A |
Class A, Investor Class, Invesco Cash Reserve Shares* |
| |
Class A2 |
Class A, Investor Class, Invesco Cash Reserve Shares |
| |
Class AX |
Class A, AX, Investor Class, Invesco Cash Reserve Shares |
| |
Investor Class |
Class A, Investor Class |
| |
Class P |
Class A, Invesco Cash Reserve Shares |
| |
Class S |
Class A, S, Invesco Cash Reserve Shares |
| |
Class C |
Class C* |
| |
Class CX |
Class C, CX |
| |
Class R |
Class R* |
| |
Class RX |
Class R, RX |
| |
Class R5 |
Class R5 |
| |
Class R6 |
Class R6 |
| |
Class Y |
Class Y* |
|
|
* You may exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund as long as you are otherwise eligible for such share class. If you exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund, you may exchange those Class A, C or R shares back into Class Y shares of Invesco U.S. Government Money Portfolio, but not Class Y shares of any other Fund. |
By Mail: |
Invesco Investment Services, Inc. P.O. Box 219078 Kansas City, MO 64121-9078 |
By Telephone: |
(800) 959-4246 |
On the Internet: |
You can send us a request by e-mail or download prospectuses, SAIs, annual or semi-annual reports via our website: www.invesco.com/us |
Invesco Main Street Fund® SEC 1940 Act file number: 811-01424 |
invesco.com/us |
O-MST-PRO-1 |
| |
Fund Summary |
1 |
| |
3 | |
| |
9 | |
9 | |
9 | |
9 | |
| |
10 | |
10 | |
10 | |
| |
11 | |
| |
A-1 | |
A-1 | |
A-2 | |
A-3 | |
A-3 | |
A-10 | |
A-10 | |
A-12 | |
A-15 | |
A-16 | |
A-16 | |
A-18 | |
A-20 | |
A-23 | |
A-25 | |
A-26 | |
A-26 | |
| |
Back Cover |
Class: |
A |
C |
R |
Y |
R5 |
R6 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
|
|
|
|
|
|
| ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) |
1 |
|
|
|
|
|
|
Class: |
A |
C |
R |
Y |
R5 |
R6 |
Management Fees |
|
|
|
|
|
|
| ||||||
Distribution and/or Service (12b-1) Fees |
|
|
|
|
|
|
| ||||||
Other Expenses2 |
|
|
|
|
|
|
| ||||||
Total Annual Fund Operating Expenses |
|
|
|
|
|
|
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
|
|
|
|
| ||||
Class C |
|
|
|
|
| ||||
Class R |
|
|
|
|
| ||||
Class Y |
|
|
|
|
| ||||
Class R5 |
|
|
|
|
| ||||
Class R6 |
|
|
|
|
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
|
|
|
|
| ||||
Class C |
|
|
|
|
| ||||
Class R |
|
|
|
|
| ||||
Class Y |
|
|
|
|
| ||||
Class R5 |
|
|
|
|
| ||||
Class R6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Inception Date |
1 Year |
5 Years |
10 Years |
Since Inception |
Class A |
|
|
|
|
|
Return Before Taxes |
|
|
|
|
—% |
Return After Taxes on Distributions |
|
|
|
|
— |
Return After Taxes on Distributions and Sale of Fund Shares |
|
|
|
|
— |
| |||||
Class C |
|
|
|
|
— |
| |||||
Class R |
|
|
|
|
— |
| |||||
Class Y |
|
|
|
|
— |
| |||||
Class R5 |
|
|
1 |
1 |
— |
| |||||
Class R6 |
|
|
|
— |
|
| |||||
S&P 500® Index (reflects no deductions for fees, expenses or taxes) |
|
|
|
|
— |
| |||||
Russell 1000® Index (reflects no deductions for fees, expenses or taxes) |
|
|
|
|
— |
|
Portfolio Managers |
Title |
Length of Service on the Fund |
Raman Vardharaj |
Portfolio Manager (co-lead) |
2019 (predecessor fund 2018) |
| ||
Belinda Cavazos |
Portfolio Manager (co-lead) |
2020 |
| ||
Manind Govil |
Portfolio Manager |
2019 (predecessor fund 2016) |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other types of accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Net asset value, beginning of period |
Net investment income(a) |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends from net investment income |
Distributions from net realized gains |
Total distributions |
Net asset value, end of period |
Total return (b) |
Net assets, end of period (000's omitted) |
Ratio of expenses to average net assets with fee waivers and/or expenses absorbed |
Ratio of expenses to average net assets without fee waivers and/or expenses absorbed(c) |
Ratio of net investment income to average net assets |
Portfolio turnover (d) |
Class A | ||||||||||||||
Year ended 10/31/20 |
$ 20.21 |
$ 0.20 |
$ 0.99 |
$ 1.19 |
$ (0.23) |
$ (0.65) |
$ (0.88) |
$ 20.52 |
6.05% |
$ 1,944,346 |
1.04%(e) |
1.04%(e) |
0.99%(e) |
28% |
Year ended 10/31/19 |
19.48 |
0.22 |
1.98 |
2.20 |
(0.18) |
(1.29) |
(1.47) |
20.21 |
12.30 |
2,055,643 |
1.05 |
1.05 |
1.13 |
29 |
Year ended 10/31/18 |
20.45 |
0.22 |
0.63 |
0.85 |
(0.23) |
(1.59) |
(1.82) |
19.48 |
4.39 |
1,980,262 |
1.06 |
1.06 |
1.11 |
58 |
Year ended 10/31/17 |
18.26 |
0.27 |
3.11 |
3.38 |
(0.29) |
(0.90) |
(1.19) |
20.45 |
19.42 |
2,131,479 |
1.07 |
1.07 |
1.43 |
78 |
Year ended 10/31/16 |
19.88 |
0.24 |
(0.48) |
(0.24) |
(0.25) |
(1.13) |
(1.38) |
18.26 |
(1.37) |
2,201,657 |
1.07 |
1.07 |
1.29 |
96 |
| ||||||||||||||
Class C | ||||||||||||||
Year ended 10/31/20 |
16.77 |
0.04 |
0.82 |
0.86 |
(0.03) |
(0.65) |
(0.68) |
16.95 |
5.23 |
238,458 |
1.79(e) |
1.79(e) |
0.24(e) |
28 |
Year ended 10/31/19 |
16.44 |
0.06 |
1.64 |
1.70 |
(0.08) |
(1.29) |
(1.37) |
16.77 |
11.44 |
317,475 |
1.80 |
1.80 |
0.38 |
29 |
Year ended 10/31/18 |
17.54 |
0.06 |
0.54 |
0.60 |
(0.11) |
(1.59) |
(1.70) |
16.44 |
3.65 |
470,544 |
1.81 |
1.81 |
0.36 |
58 |
Year ended 10/31/17 |
15.83 |
0.11 |
2.68 |
2.79 |
(0.18) |
(0.90) |
(1.08) |
17.54 |
18.54 |
534,216 |
1.83 |
1.83 |
0.68 |
78 |
Year ended 10/31/16 |
17.43 |
0.09 |
(0.42) |
(0.33) |
(0.14) |
(1.13) |
(1.27) |
15.83 |
(2.13) |
586,282 |
1.82 |
1.82 |
0.54 |
96 |
| ||||||||||||||
Class R | ||||||||||||||
Year ended 10/31/20 |
20.06 |
0.15 |
0.97 |
1.12 |
(0.17) |
(0.65) |
(0.82) |
20.36 |
5.75 |
94,605 |
1.29(e) |
1.29(e) |
0.74(e) |
28 |
Year ended 10/31/19 |
19.35 |
0.17 |
1.97 |
2.14 |
(0.14) |
(1.29) |
(1.43) |
20.06 |
12.00 |
104,287 |
1.30 |
1.30 |
0.88 |
29 |
Year ended 10/31/18 |
20.32 |
0.17 |
0.63 |
0.80 |
(0.18) |
(1.59) |
(1.77) |
19.35 |
4.16 |
104,523 |
1.31 |
1.31 |
0.86 |
58 |
Year ended 10/31/17 |
18.15 |
0.23 |
3.08 |
3.31 |
(0.24) |
(0.90) |
(1.14) |
20.32 |
19.12 |
111,030 |
1.33 |
1.33 |
1.20 |
78 |
Year ended 10/31/16 |
19.77 |
0.19 |
(0.48) |
(0.29) |
(0.20) |
(1.13) |
(1.33) |
18.15 |
(1.63) |
118,374 |
1.32 |
1.32 |
1.04 |
96 |
| ||||||||||||||
Class Y | ||||||||||||||
Year ended 10/31/20 |
21.02 |
0.26 |
1.02 |
1.28 |
(0.29) |
(0.65) |
(0.94) |
21.36 |
6.29 |
255,399 |
0.79(e) |
0.79(e) |
1.24(e) |
28 |
Year ended 10/31/19 |
20.21 |
0.27 |
2.06 |
2.33 |
(0.23) |
(1.29) |
(1.52) |
21.02 |
12.52 |
311,750 |
0.80 |
0.80 |
1.38 |
29 |
Year ended 10/31/18 |
21.14 |
0.28 |
0.66 |
0.94 |
(0.28) |
(1.59) |
(1.87) |
20.21 |
4.68 |
345,108 |
0.81 |
0.81 |
1.36 |
58 |
Year ended 10/31/17 |
18.84 |
0.34 |
3.20 |
3.54 |
(0.34) |
(0.90) |
(1.24) |
21.14 |
19.69 |
462,807 |
0.83 |
0.83 |
1.69 |
78 |
Year ended 10/31/16 |
20.45 |
0.32 |
(0.52) |
(0.20) |
(0.28) |
(1.13) |
(1.41) |
18.84 |
(1.11) |
485,497 |
0.82 |
0.82 |
1.67 |
96 |
| ||||||||||||||
Class R5 | ||||||||||||||
Year ended 10/31/20 |
20.21 |
0.27 |
0.98 |
1.25 |
(0.30) |
(0.65) |
(0.95) |
20.51 |
6.41 |
11 |
0.67(e) |
0.67(e) |
1.36(e) |
28 |
Period ended 10/31/19(f) |
18.65 |
0.13 |
1.55 |
1.68 |
(0.12) |
— |
(0.12) |
20.21 |
9.05 |
11 |
0.70(g) |
0.70(g) |
1.49(g) |
29 |
| ||||||||||||||
Class R6 | ||||||||||||||
Year ended 10/31/20 |
20.97 |
0.29 |
1.02 |
1.31 |
(0.32) |
(0.65) |
(0.97) |
21.31 |
6.47 |
28,537 |
0.64(e) |
0.67(e) |
1.39(e) |
28 |
Year ended 10/31/19 |
20.16 |
0.30 |
2.06 |
2.36 |
(0.26) |
(1.29) |
(1.55) |
20.97 |
12.72 |
29,624 |
0.64 |
0.64 |
1.54 |
29 |
Year ended 10/31/18 |
21.10 |
0.31 |
0.65 |
0.96 |
(0.31) |
(1.59) |
(1.90) |
20.16 |
4.82 |
24,128 |
0.65 |
0.65 |
1.52 |
58 |
Year ended 10/31/17 |
18.81 |
0.35 |
3.21 |
3.56 |
(0.37) |
(0.90) |
(1.27) |
21.10 |
19.89 |
21,409 |
0.64 |
0.64 |
1.78 |
78 |
Year ended 10/31/16 |
20.43 |
0.37 |
(0.53) |
(0.16) |
(0.33) |
(1.13) |
(1.46) |
18.81 |
(0.92) |
8,978 |
0.63 |
0.63 |
1.95 |
96 |
|
(a) |
Calculated using average shares outstanding. |
(b) |
Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Does not include sales charges and is not annualized for periods less than one year, if applicable. |
(c) |
Does not include indirect expenses from affiliated fund fees and expenses of 0.00% for the years ended October 31, 2019, 2018, 2017, and 2016, respectively. |
(d) |
Portfolio turnover is calculated at the fund level and is not annualized for periods less than one year, if applicable. |
(e) |
Ratios are based on average daily net assets (000’s omitted) of $1,982,242, $283,221, $98,725, $274,367, $11 and $29,008 for Class A, Class C, Class R, Class Y, Class R5 and Class R6 shares, respectively. |
(f) |
Commencement date after the close of business on May 24, 2019. |
(g) |
Annualized. |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
▪ Initial sales charge which may be waived or reduced1 |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ CDSC on certain redemptions1 |
▪ CDSC on redemptions within one year3 |
▪ No CDSC |
▪ No CDSC |
▪ No CDSC |
▪ 12b-1 fee of up to 0.25%2 |
▪ 12b-1 fee of up to 1.00%4 |
▪ 12b-1 fee of up to 0.50% |
▪ No 12b-1 fee |
▪ No 12b-1 fee |
|
▪ Investors may only open an account to purchase Class C shares if they have appointed a financial intermediary that allows for new accounts in Class C shares to be opened. This restriction does not apply to Employer Sponsored Retirement and Benefit Plans. |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
|
▪ Purchase maximums apply |
▪ Intended for Retirement and Benefit Plans5 |
|
▪ Special eligibility requirements and investment minimums apply (see “Share Class Eligibility – Class R5 and R6 shares” below) |
Category I Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.75 |
2.83 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category II Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
4.25% |
4.44% |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.50 |
2.56 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category III Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
1.00% |
1.01% |
| |||
$100,000 but less than |
$ 250,000 |
0.75 |
0.76 |
| |||
$250,000 but less than |
$ 1,000,000 |
0.50 |
0.50 |
|
Category IV Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
2.50% |
2.56% |
| |||
$100,000 but less than |
$ 250,000 |
1.75 |
1.78 |
|
Category V Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
3.25% |
3.36% |
| |||
$100,000 but less than |
$ 250,000 |
2.75 |
2.83 |
| |||
$250,000 but less than |
$ 500,000 |
1.75 |
1.78 |
| |||
$500,000 but less than |
$ 1,000,000 |
1.50 |
1.52 |
|
Category VI Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Opening An Account |
Adding To An Account |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. |
Contact your financial adviser or financial intermediary. |
By Mail |
Mail completed account application and check to the Funds’ transfer agent, Invesco Investment Services, Inc. P.O. Box 219078, Kansas City, MO 64121-9078. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
Mail your check and the remittance slip from your confirmation statement to the Funds’ transfer agent. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
|
Opening An Account |
Adding To An Account |
By Wire* |
Mail completed account application to the Funds’ transfer agent. Call the Funds’ transfer agent at (800) 959-4246 to receive a reference number. Then, use the wire instructions provided below. |
Call the Funds’ transfer agent to receive a reference number. Then, use the wire instructions provided below. |
Wire Instructions |
Beneficiary Bank ABA/Routing #: 011001234 Beneficiary Account Number: 729639 Beneficiary Account Name: Invesco Investment Services, Inc. RFB: Fund Name, Reference # OBI: Your Name, Account # | |
By Telephone* |
Open your account using one of the methods described above. |
The Bank Account Information option on your completed account application or complete a Systematic Options and Bank Information Form. Mail the application or form to the Funds’ transfer agent. Once the Funds’ transfer agent has received the form, call the Funds’ transfer agent at the number below to place your purchase order. For Class R5 and R6 shares, call the Funds’ transfer agent at (800) 959-4246 and wire payment for your purchase order in accordance with the wire instructions listed above. |
Automated Investor Line |
Open your account using one of the methods described above. |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your order after you have provided the bank instructions that will be requested. |
By Internet |
Open your account using one of the methods described above. |
Access your account at www.invesco.com/us. The proper bank instructions must have been provided on your account. You may not purchase shares in Retirement and Benefit Plans on the internet. |
*Class R5 and R6 shares may only be purchased through a financial intermediary or by telephone at (800) 959-4246. |
How to Redeem Shares | |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. The Funds’ transfer agent must receive your financial adviser’s or financial intermediary’s call before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. Please contact your financial adviser or financial intermediary with respect to reporting of cost basis and available elections for your account. |
By Mail |
Send a written request to the Funds’ transfer agent which includes: |
|
▪ Original signatures of all registered owners/trustees; ▪ The dollar value or number of shares that you wish to redeem; ▪ The name of the Fund(s) and your account number; ▪ The cost basis method or specific shares you wish to redeem for tax reporting purposes, if different than the method already on record; and |
|
▪ Signature guarantees, if necessary (see below). The Funds’ transfer agent may require that you provide additional documentation, or information, such as corporate resolutions or powers of attorney, if applicable. If you are redeeming from a Retirement and Benefit Plan, you must complete the appropriate distribution form. |
How to Redeem Shares | |
By Telephone* |
Call the Funds’ transfer agent at 1-800-959-4246. You will be allowed to redeem by telephone if: ▪ Your redemption proceeds are to be mailed to your address on record (and there has been no change in your address of record within the last 15 days) or transferred electronically to a pre-authorized checking account; ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have not previously declined the telephone redemption privilege. |
|
You may, in limited circumstances, initiate a redemption from an Invesco IRA by telephone. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. You must call the Funds’ transfer agent before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. |
Automated Investor Line |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your redemption order after you have provided the bank instructions that will be requested. |
By Internet |
Place your redemption request at www.invesco.com/us. You will be allowed to redeem by Internet if: ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have already provided proper bank information. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. |
*Class R5 and R6 shares may only be redeemed through a financial intermediary or by telephone at (800) 959-4246. |
Exchange From |
Exchange To |
Invesco Cash Reserve Shares |
Class A, C, R, Investor Class |
| |
Class A |
Class A, Investor Class, Invesco Cash Reserve Shares* |
| |
Class A2 |
Class A, Investor Class, Invesco Cash Reserve Shares |
| |
Class AX |
Class A, AX, Investor Class, Invesco Cash Reserve Shares |
| |
Investor Class |
Class A, Investor Class |
| |
Class P |
Class A, Invesco Cash Reserve Shares |
| |
Class S |
Class A, S, Invesco Cash Reserve Shares |
| |
Class C |
Class C* |
| |
Class CX |
Class C, CX |
| |
Class R |
Class R* |
| |
Class RX |
Class R, RX |
| |
Class R5 |
Class R5 |
| |
Class R6 |
Class R6 |
| |
Class Y |
Class Y* |
|
|
* You may exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund as long as you are otherwise eligible for such share class. If you exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund, you may exchange those Class A, C or R shares back into Class Y shares of Invesco U.S. Government Money Portfolio, but not Class Y shares of any other Fund. |
By Mail: |
Invesco Investment Services, Inc. P.O. Box 219078 Kansas City, MO 64121-9078 |
By Telephone: |
(800) 959-4246 |
On the Internet: |
You can send us a request by e-mail or download prospectuses, SAIs, annual or semi-annual reports via our website: www.invesco.com/us |
Invesco Rising Dividends Fund SEC 1940 Act file number: 811-01424 |
invesco.com/us |
O-RISD-PRO-1 |
| |
Fund Summary |
1 |
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4 | |
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6 | |
6 | |
6 | |
6 | |
| |
7 | |
7 | |
7 | |
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8 | |
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9 | |
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A-1 | |
A-1 | |
A-2 | |
A-3 | |
A-3 | |
A-10 | |
A-10 | |
A-12 | |
A-15 | |
A-16 | |
A-16 | |
A-18 | |
A-20 | |
A-23 | |
A-25 | |
A-26 | |
A-26 | |
| |
Back Cover |
Class: |
A |
C |
P |
S |
Y |
R5 |
R6 |
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
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| |||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) |
1 |
|
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Class: |
A |
C |
P |
S |
Y |
R5 |
R6 |
Management Fees |
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Distribution and/or Service (12b-1) Fees |
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Other Expenses |
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Total Annual Fund Operating Expenses |
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|
|
|
|
|
|
|
1 Year |
3 Years |
5 Years |
10 Years |
Class A |
|
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Class C |
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Class P |
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Class S |
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Class Y |
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Class R5 |
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| ||||
Class R6 |
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1 Year |
3 Years |
5 Years |
10 Years |
Class A |
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Class C |
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| ||||
Class P |
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Class S |
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Class Y |
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Class R5 |
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Class R6 |
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|
Inception Date |
1 Year |
5 Years |
10 Years |
Class P |
|
|
|
|
Return Before Taxes |
|
|
|
|
Return After Taxes on Distributions |
|
|
|
|
Return After Taxes on Distributions and Sale of Fund Shares |
|
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| ||||
Class A |
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Class C |
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| ||||
Class S |
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Class Y |
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| ||||
Class R5 |
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| ||||
Class R6 |
|
|
1 |
1 |
| ||||
Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes) |
|
|
|
|
| ||||
S&P 500® Index (reflects no deductions for fees, expenses or taxes) |
|
|
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|
| ||||
Lipper Multi-Cap Growth Funds Index |
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|
|
Portfolio Managers |
Title |
Length of Service on the Fund |
Erik Voss |
Portfolio Manager (lead) |
2012 |
| ||
Ido Cohen |
Portfolio Manager |
2013 |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other types of accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Net asset value, beginning of period |
Net investment income (loss)(a) |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends from net investment income |
Distributions from net realized gains |
Total distributions |
Net asset value, end of period |
Total return (b) |
Net assets, end of period (000's omitted) |
Ratio of expenses to average net assets with fee waivers and/or expenses absorbed |
Ratio of expenses to average net assets without fee waivers and/or expenses absorbed |
Ratio of net investment income (loss) to average net assets |
Portfolio turnover (c) |
Class A | ||||||||||||||
Year ended 10/31/20 |
$ 21.77 |
$ (0.07) |
$ 6.42 |
$ 6.35 |
$ — |
$ (1.87) |
$ (1.87) |
$ 26.25 |
31.23% |
$ 299,616 |
0.99%(d) |
0.99%(d) |
(0.30)%(d) |
38% |
Year ended 10/31/19 |
20.75 |
(0.04) |
3.17 |
3.13 |
— |
(2.11) |
(2.11) |
21.77 |
17.36 |
169,883 |
1.01 |
1.01 |
(0.18) |
29 |
Year ended 10/31/18 |
20.14 |
(0.05) |
1.41 |
1.36 |
— |
(0.75) |
(0.75) |
20.75 |
6.95 |
114,570 |
1.02 |
1.02 |
(0.24) |
35 |
Year ended 10/31/17 |
16.56 |
(0.02) |
4.60 |
4.58 |
— |
(1.00) |
(1.00) |
20.14 |
29.20 |
77,519 |
1.04 |
1.04 |
(0.13) |
31 |
Year ended 10/31/16 |
17.59 |
(0.01) |
0.11 |
0.10 |
— |
(1.13) |
(1.13) |
16.56 |
0.81 |
50,217 |
1.05 |
1.05 |
(0.05) |
47 |
| ||||||||||||||
Class C | ||||||||||||||
Year ended 10/31/20 |
19.29 |
(0.22) |
5.62 |
5.40 |
— |
(1.87) |
(1.87) |
22.82 |
30.25 |
24,427 |
1.74(d) |
1.74(d) |
(1.05)(d) |
38 |
Year ended 10/31/19 |
18.77 |
(0.17) |
2.80 |
2.63 |
— |
(2.11) |
(2.11) |
19.29 |
16.43 |
15,470 |
1.76 |
1.76 |
(0.93) |
29 |
Year ended 10/31/18 |
18.41 |
(0.19) |
1.30 |
1.11 |
— |
(0.75) |
(0.75) |
18.77 |
6.22 |
16,792 |
1.77 |
1.77 |
(0.99) |
35 |
Year ended 10/31/17 |
15.34 |
(0.15) |
4.22 |
4.07 |
— |
(1.00) |
(1.00) |
18.41 |
28.15 |
9,325 |
1.79 |
1.79 |
(0.88) |
31 |
Year ended 10/31/16 |
16.49 |
(0.12) |
0.10 |
(0.02) |
— |
(1.13) |
(1.13) |
15.34 |
0.09 |
5,008 |
1.80 |
1.80 |
(0.80) |
47 |
| ||||||||||||||
Class P | ||||||||||||||
Year ended 10/31/20 |
22.16 |
(0.04) |
6.55 |
6.51 |
— |
(1.87) |
(1.87) |
26.80 |
31.42 |
2,675,601 |
0.84(d) |
0.84(d) |
(0.15)(d) |
38 |
Year ended 10/31/19 |
21.05 |
(0.01) |
3.23 |
3.22 |
— |
(2.11) |
(2.11) |
22.16 |
17.55 |
2,204,984 |
0.86 |
0.86 |
(0.03) |
29 |
Year ended 10/31/18 |
20.39 |
(0.02) |
1.43 |
1.41 |
(0.00) |
(0.75) |
(0.75) |
21.05 |
7.13 |
2,024,211 |
0.87 |
0.87 |
(0.09) |
35 |
Year ended 10/31/17 |
16.75 |
0.00 |
4.65 |
4.65 |
(0.01) |
(1.00) |
(1.01) |
20.39 |
29.32 |
2,044,421 |
0.89 |
0.89 |
0.02 |
31 |
Year ended 10/31/16 |
17.75 |
0.02 |
0.11 |
0.13 |
— |
(1.13) |
(1.13) |
16.75 |
0.98 |
1,708,869 |
0.90 |
0.90 |
0.10 |
47 |
| ||||||||||||||
Class S | ||||||||||||||
Year ended 10/31/20 |
21.95 |
(0.05) |
6.49 |
6.44 |
— |
(1.87) |
(1.87) |
26.52 |
31.40 |
4,435 |
0.89(d) |
0.89(d) |
(0.20)(d) |
38 |
Year ended 10/31/19 |
20.89 |
(0.02) |
3.19 |
3.17 |
— |
(2.11) |
(2.11) |
21.95 |
17.44 |
3,711 |
0.91 |
0.91 |
(0.08) |
29 |
Year ended 10/31/18 |
20.24 |
(0.03) |
1.43 |
1.40 |
— |
(0.75) |
(0.75) |
20.89 |
7.12 |
3,405 |
0.92 |
0.92 |
(0.14) |
35 |
Year ended 10/31/17 |
16.63 |
(0.01) |
4.62 |
4.61 |
(0.00) |
(1.00) |
(1.00) |
20.24 |
29.29 |
3,521 |
0.94 |
0.94 |
(0.03) |
31 |
Year ended 10/31/16 |
17.64 |
0.01 |
0.11 |
0.12 |
— |
(1.13) |
(1.13) |
16.63 |
0.92 |
3,164 |
0.95 |
0.95 |
0.05 |
47 |
| ||||||||||||||
Class Y | ||||||||||||||
Year ended 10/31/20 |
22.12 |
(0.01) |
6.53 |
6.52 |
— |
(1.87) |
(1.87) |
26.77 |
31.53 |
47,894 |
0.74(d) |
0.74(d) |
(0.05)(d) |
38 |
Year ended 10/31/19 |
21.00 |
0.02 |
3.21 |
3.23 |
— |
(2.11) |
(2.11) |
22.12 |
17.65 |
13,414 |
0.76 |
0.76 |
0.07 |
29 |
Year ended 10/31/18 |
20.34 |
0.00 |
1.43 |
1.43 |
(0.02) |
(0.75) |
(0.77) |
21.00 |
7.25 |
14,818 |
0.77 |
0.77 |
0.01 |
35 |
Year ended 10/31/17 |
16.71 |
0.02 |
4.64 |
4.66 |
(0.03) |
(1.00) |
(1.03) |
20.34 |
29.46 |
13,881 |
0.79 |
0.79 |
0.12 |
31 |
Year ended 10/31/16 |
17.69 |
0.03 |
0.12 |
0.15 |
— |
(1.13) |
(1.13) |
16.71 |
1.10 |
3,576 |
0.80 |
0.80 |
0.20 |
47 |
| ||||||||||||||
Class R5 | ||||||||||||||
Year ended 10/31/20 |
22.22 |
(0.02) |
6.58 |
6.56 |
— |
(1.87) |
(1.87) |
26.91 |
31.57 |
1,002 |
0.76(d) |
0.76(d) |
(0.07)(d) |
38 |
Year ended 10/31/19 |
21.09 |
0.01 |
3.23 |
3.24 |
— |
(2.11) |
(2.11) |
22.22 |
17.63 |
96 |
0.77 |
0.77 |
0.06 |
29 |
Year ended 10/31/18 |
20.42 |
0.01 |
1.43 |
1.44 |
(0.02) |
(0.75) |
(0.77) |
21.09 |
7.30 |
73 |
0.72 |
0.72 |
0.06 |
35 |
Year ended 10/31/17 |
16.77 |
0.03 |
4.66 |
4.69 |
(0.04) |
(1.00) |
(1.04) |
20.42 |
29.56 |
20 |
0.76 |
0.76 |
0.15 |
31 |
Year ended 10/31/16 |
17.75 |
0.04 |
0.11 |
0.15 |
— |
(1.13) |
(1.13) |
16.77 |
1.10 |
17 |
0.74 |
0.74 |
0.26 |
47 |
| ||||||||||||||
Class R6 | ||||||||||||||
Year ended 10/31/20 |
22.24 |
(0.00) |
6.58 |
6.58 |
— |
(1.87) |
(1.87) |
26.95 |
31.64 |
16,436 |
0.70(d) |
0.70(d) |
(0.01)(d) |
38 |
Year ended 10/31/19 |
21.09 |
0.03 |
3.23 |
3.26 |
— |
(2.11) |
(2.11) |
22.24 |
17.73 |
12,556 |
0.71 |
0.71 |
0.12 |
29 |
Year ended 10/31/18 |
20.42 |
0.01 |
1.43 |
1.44 |
(0.02) |
(0.75) |
(0.77) |
21.09 |
7.29 |
11,057 |
0.72 |
0.72 |
0.06 |
35 |
Year ended 10/31/17(e) |
17.61 |
0.01 |
2.80 |
2.81 |
— |
— |
— |
20.42 |
15.96 |
12 |
0.77(f) |
0.77(f) |
0.14(f) |
31 |
|
(a) |
Calculated using average shares outstanding. |
(b) |
Includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Does not include sales charges and is not annualized for periods less than one year, if applicable. |
(c) |
Portfolio turnover is calculated at the fund level and is not annualized for periods less than one year, if applicable. |
(d) |
Ratios are based on average daily net assets (000’s omitted) of $227,188, $19,519, $2,441,150, $4,009, $37,422, $583 and $14,515 for Class A, Class C, Class P, Class S, Class Y, Class R5 and Class R6 shares, respectively. |
(e) |
Commencement date of April 04, 2017. |
(f) |
Annualized. |
Class A (Includes Maximum Sales Charge) |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
(1.71%) |
2.23% |
6.33% |
10.59% |
15.03% |
19.64% |
24.44% |
29.43% |
34.62% |
40.02% |
End of Year Balance |
$ 9,828.95 |
$ 10,223.09 |
$ 10,633.03 |
$ 11,059.42 |
$ 11,502.90 |
$ 11,964.16 |
$ 12,443.93 |
$ 12,942.93 |
$ 13,461.94 |
$ 14,001.76 |
Estimated Annual Expenses |
$ 645.43 |
$ 99.26 |
$ 103.24 |
$ 107.38 |
$ 111.68 |
$ 116.16 |
$ 120.82 |
$ 125.66 |
$ 130.70 |
$ 135.95 |
|
Class A (Without Maximum Sales Charge) |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
0.99% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.01% |
8.18% |
12.52% |
17.03% |
21.72% |
26.60% |
31.68% |
36.96% |
42.45% |
48.17% |
End of Year Balance |
$ 10,401.00 |
$ 10,818.08 |
$ 11,251.89 |
$ 11,703.09 |
$ 12,172.38 |
$ 12,660.49 |
$ 13,168.18 |
$ 13,696.22 |
$ 14,245.44 |
$ 14,816.68 |
Estimated Annual Expenses |
$ 100.98 |
$ 105.03 |
$ 109.25 |
$ 113.63 |
$ 118.18 |
$ 122.92 |
$ 127.85 |
$ 132.98 |
$ 138.31 |
$ 143.86 |
|
Class C2 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
1.74% |
1.74% |
1.74% |
1.74% |
1.74% |
1.74% |
1.74% |
1.74% |
0.99% |
0.99% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
3.26% |
6.63% |
10.10% |
13.69% |
17.40% |
21.23% |
25.18% |
29.26% |
34.44% |
39.83% |
End of Year Balance |
$ 10,326.00 |
$ 10,662.63 |
$ 11,010.23 |
$ 11,369.16 |
$ 11,739.80 |
$ 12,122.51 |
$ 12,517.71 |
$ 12,925.79 |
$ 13,444.11 |
$ 13,983.22 |
Estimated Annual Expenses |
$ 176.84 |
$ 182.60 |
$ 188.55 |
$ 194.70 |
$ 201.05 |
$ 207.60 |
$ 214.37 |
$ 221.36 |
$ 130.53 |
$ 135.77 |
|
Class P |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
0.84% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.16% |
8.49% |
13.01% |
17.71% |
22.60% |
27.70% |
33.02% |
38.55% |
44.31% |
50.32% |
End of Year Balance |
$ 10,416.00 |
$ 10,849.31 |
$ 11,300.64 |
$ 11,770.74 |
$ 12,260.41 |
$ 12,770.44 |
$ 13,301.69 |
$ 13,855.04 |
$ 14,431.41 |
$ 15,031.76 |
Estimated Annual Expenses |
$ 85.75 |
$ 89.31 |
$ 93.03 |
$ 96.90 |
$ 100.93 |
$ 105.13 |
$ 109.50 |
$ 114.06 |
$ 118.80 |
$ 123.75 |
|
Class S |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.89% |
0.89% |
0.89% |
0.89% |
0.89% |
0.89% |
0.89% |
0.89% |
0.89% |
0.89% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.11% |
8.39% |
12.84% |
17.48% |
22.31% |
27.34% |
32.57% |
38.02% |
43.69% |
49.60% |
End of Year Balance |
$ 10,411.00 |
$ 10,838.89 |
$ 11,284.37 |
$ 11,748.16 |
$ 12,231.01 |
$ 12,733.70 |
$ 13,257.06 |
$ 13,801.92 |
$ 14,369.18 |
$ 14,959.75 |
Estimated Annual Expenses |
$ 90.83 |
$ 94.56 |
$ 98.45 |
$ 102.49 |
$ 106.71 |
$ 111.09 |
$ 115.66 |
$ 120.41 |
$ 125.36 |
$ 130.51 |
|
Class Y |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.74% |
0.74% |
0.74% |
0.74% |
0.74% |
0.74% |
0.74% |
0.74% |
0.74% |
0.74% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.26% |
8.70% |
13.33% |
18.16% |
23.19% |
28.44% |
33.91% |
39.62% |
45.57% |
51.77% |
End of Year Balance |
$ 10,426.00 |
$ 10,870.15 |
$ 11,333.22 |
$ 11,816.01 |
$ 12,319.37 |
$ 12,844.18 |
$ 13,391.34 |
$ 13,961.81 |
$ 14,556.58 |
$ 15,176.69 |
Estimated Annual Expenses |
$ 75.58 |
$ 78.80 |
$ 82.15 |
$ 85.65 |
$ 89.30 |
$ 93.11 |
$ 97.07 |
$ 101.21 |
$ 105.52 |
$ 110.01 |
|
Class R5 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
0.76% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.24% |
8.66% |
13.27% |
18.07% |
23.08% |
28.29% |
33.73% |
39.40% |
45.31% |
51.48% |
End of Year Balance |
$ 10,424.00 |
$ 10,865.98 |
$ 11,326.70 |
$ 11,806.95 |
$ 12,307.56 |
$ 12,829.40 |
$ 13,373.37 |
$ 13,940.40 |
$ 14,531.47 |
$ 15,147.61 |
Estimated Annual Expenses |
$ 77.61 |
$ 80.90 |
$ 84.33 |
$ 87.91 |
$ 91.64 |
$ 95.52 |
$ 99.57 |
$ 103.79 |
$ 108.19 |
$ 112.78 |
|
Class R6 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Year 6 |
Year 7 |
Year 8 |
Year 9 |
Year 10 |
Annual Expense Ratio1 |
0.70% |
0.70% |
0.70% |
0.70% |
0.70% |
0.70% |
0.70% |
0.70% |
0.70% |
0.70% |
Cumulative Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.13% |
62.89% |
Cumulative Return After Expenses |
4.30% |
8.78% |
13.46% |
18.34% |
23.43% |
28.74% |
34.27% |
40.05% |
46.07% |
52.35% |
End of Year Balance |
$ 10,430.00 |
$ 10,878.49 |
$ 11,346.27 |
$ 11,834.15 |
$ 12,343.02 |
$ 12,873.77 |
$ 13,427.35 |
$ 14,004.72 |
$ 14,606.92 |
$ 15,235.02 |
Estimated Annual Expenses |
$ 71.51 |
$ 74.58 |
$ 77.79 |
$ 81.13 |
$ 84.62 |
$ 88.26 |
$ 92.05 |
$ 96.01 |
$ 100.14 |
$ 104.45 |
|
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
▪ Initial sales charge which may be waived or reduced1 |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ No initial sales charge |
▪ CDSC on certain redemptions1 |
▪ CDSC on redemptions within one year3 |
▪ No CDSC |
▪ No CDSC |
▪ No CDSC |
▪ 12b-1 fee of up to 0.25%2 |
▪ 12b-1 fee of up to 1.00%4 |
▪ 12b-1 fee of up to 0.50% |
▪ No 12b-1 fee |
▪ No 12b-1 fee |
|
▪ Investors may only open an account to purchase Class C shares if they have appointed a financial intermediary that allows for new accounts in Class C shares to be opened. This restriction does not apply to Employer Sponsored Retirement and Benefit Plans. |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
▪ Does not convert to Class A shares |
Share Classes |
|
|
|
|
Class A |
Class C |
Class R |
Class Y |
Class R5 and R6 |
|
▪ Purchase maximums apply |
▪ Intended for Retirement and Benefit Plans5 |
|
▪ Special eligibility requirements and investment minimums apply (see “Share Class Eligibility – Class R5 and R6 shares” below) |
Category I Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.75 |
2.83 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category II Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
4.25% |
4.44% |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
| |||
$250,000 but less than |
$ 500,000 |
2.50 |
2.56 |
| |||
$500,000 but less than |
$ 1,000,000 |
2.00 |
2.04 |
|
Category III Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
1.00% |
1.01% |
| |||
$100,000 but less than |
$ 250,000 |
0.75 |
0.76 |
| |||
$250,000 but less than |
$ 1,000,000 |
0.50 |
0.50 |
|
Category IV Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
2.50% |
2.56% |
| |||
$100,000 but less than |
$ 250,000 |
1.75 |
1.78 |
|
Category V Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 100,000 |
3.25% |
3.36% |
| |||
$100,000 but less than |
$ 250,000 |
2.75 |
2.83 |
| |||
$250,000 but less than |
$ 500,000 |
1.75 |
1.78 |
| |||
$500,000 but less than |
$ 1,000,000 |
1.50 |
1.52 |
|
Category VI Initial Sales Charges | |||
|
Investor’s Sales Charge | ||
Amount invested |
As a % of Offering Price |
As a % of Investment | |
Less than |
$ 50,000 |
5.50% |
5.82% |
| |||
$50,000 but less than |
$ 100,000 |
4.50 |
4.71 |
| |||
$100,000 but less than |
$ 250,000 |
3.50 |
3.63 |
|
Type of Account |
Initial Investment Per Fund |
Additional Investments Per Fund |
Asset or fee-based accounts managed by your financial adviser |
None |
None |
| ||
Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs |
None |
None |
| ||
IRAs and Coverdell ESAs if the new investor is purchasing shares through a systematic purchase plan |
$25 |
$25 |
| ||
All other accounts if the investor is purchasing shares through a systematic purchase plan |
50 |
50 |
| ||
IRAs and Coverdell ESAs |
250 |
25 |
| ||
All other accounts |
1,000 |
50 |
|
|
Opening An Account |
Adding To An Account |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. |
Contact your financial adviser or financial intermediary. |
By Mail |
Mail completed account application and check to the Funds’ transfer agent, Invesco Investment Services, Inc. P.O. Box 219078, Kansas City, MO 64121-9078. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
Mail your check and the remittance slip from your confirmation statement to the Funds’ transfer agent. The Funds’ transfer agent does NOT accept the following types of payments: Credit Card Checks, Temporary/Starter Checks, Third Party Checks, and Cash. |
|
Opening An Account |
Adding To An Account |
By Wire* |
Mail completed account application to the Funds’ transfer agent. Call the Funds’ transfer agent at (800) 959-4246 to receive a reference number. Then, use the wire instructions provided below. |
Call the Funds’ transfer agent to receive a reference number. Then, use the wire instructions provided below. |
Wire Instructions |
Beneficiary Bank ABA/Routing #: 011001234 Beneficiary Account Number: 729639 Beneficiary Account Name: Invesco Investment Services, Inc. RFB: Fund Name, Reference # OBI: Your Name, Account # | |
By Telephone* |
Open your account using one of the methods described above. |
The Bank Account Information option on your completed account application or complete a Systematic Options and Bank Information Form. Mail the application or form to the Funds’ transfer agent. Once the Funds’ transfer agent has received the form, call the Funds’ transfer agent at the number below to place your purchase order. For Class R5 and R6 shares, call the Funds’ transfer agent at (800) 959-4246 and wire payment for your purchase order in accordance with the wire instructions listed above. |
Automated Investor Line |
Open your account using one of the methods described above. |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your order after you have provided the bank instructions that will be requested. |
By Internet |
Open your account using one of the methods described above. |
Access your account at www.invesco.com/us. The proper bank instructions must have been provided on your account. You may not purchase shares in Retirement and Benefit Plans on the internet. |
*Class R5 and R6 shares may only be purchased through a financial intermediary or by telephone at (800) 959-4246. |
How to Redeem Shares | |
Through a Financial Adviser or Financial Intermediary* |
Contact your financial adviser or financial intermediary. The Funds’ transfer agent must receive your financial adviser’s or financial intermediary’s call before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. Please contact your financial adviser or financial intermediary with respect to reporting of cost basis and available elections for your account. |
By Mail |
Send a written request to the Funds’ transfer agent which includes: |
|
▪ Original signatures of all registered owners/trustees; ▪ The dollar value or number of shares that you wish to redeem; ▪ The name of the Fund(s) and your account number; ▪ The cost basis method or specific shares you wish to redeem for tax reporting purposes, if different than the method already on record; and |
|
▪ Signature guarantees, if necessary (see below). The Funds’ transfer agent may require that you provide additional documentation, or information, such as corporate resolutions or powers of attorney, if applicable. If you are redeeming from a Retirement and Benefit Plan, you must complete the appropriate distribution form. |
How to Redeem Shares | |
By Telephone* |
Call the Funds’ transfer agent at 1-800-959-4246. You will be allowed to redeem by telephone if: ▪ Your redemption proceeds are to be mailed to your address on record (and there has been no change in your address of record within the last 15 days) or transferred electronically to a pre-authorized checking account; ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have not previously declined the telephone redemption privilege. |
|
You may, in limited circumstances, initiate a redemption from an Invesco IRA by telephone. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. You must call the Funds’ transfer agent before the Funds’ net asset value determination (as defined by the applicable Fund) in order to effect the redemption at that day’s net asset value. |
Automated Investor Line |
Call the Funds’ transfer agent’s 24-hour Automated Investor Line at 1-800-246-5463. You may place your redemption order after you have provided the bank instructions that will be requested. |
By Internet |
Place your redemption request at www.invesco.com/us. You will be allowed to redeem by Internet if: ▪ You can provide proper identification information; ▪ Your redemption proceeds do not exceed $250,000 per Fund; and ▪ You have already provided proper bank information. Redemptions from Employer Sponsored Retirement and Benefit Plans and Employer Sponsored IRAs may be initiated only in writing and require the completion of the appropriate distribution form, as well as employer authorization. |
*Class R5 and R6 shares may only be redeemed through a financial intermediary or by telephone at (800) 959-4246. |
Exchange From |
Exchange To |
Invesco Cash Reserve Shares |
Class A, C, R, Investor Class |
| |
Class A |
Class A, Investor Class, Invesco Cash Reserve Shares* |
| |
Class A2 |
Class A, Investor Class, Invesco Cash Reserve Shares |
| |
Class AX |
Class A, AX, Investor Class, Invesco Cash Reserve Shares |
| |
Investor Class |
Class A, Investor Class |
| |
Class P |
Class A, Invesco Cash Reserve Shares |
| |
Class S |
Class A, S, Invesco Cash Reserve Shares |
| |
Class C |
Class C* |
| |
Class CX |
Class C, CX |
| |
Class R |
Class R* |
| |
Class RX |
Class R, RX |
| |
Class R5 |
Class R5 |
| |
Class R6 |
Class R6 |
| |
Class Y |
Class Y* |
|
|
* You may exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund as long as you are otherwise eligible for such share class. If you exchange Class Y shares of Invesco U.S. Government Money Portfolio for Class A, C or R shares of any other Fund, you may exchange those Class A, C or R shares back into Class Y shares of Invesco U.S. Government Money Portfolio, but not Class Y shares of any other Fund. |
By Mail: |
Invesco Investment Services, Inc. P.O. Box 219078 Kansas City, MO 64121-9078 |
By Telephone: |
(800) 959-4246 |
On the Internet: |
You can send us a request by e-mail or download prospectuses, SAIs, annual or semi-annual reports via our website: www.invesco.com/us |
Invesco Summit Fund SEC 1940 Act file number: 811-01424 |
invesco.com/us |
SUM-PRO-1 |
Fund |
A |
C |
P |
R |
S |
Y |
Investor |
Class R5 |
Class R6 |
Prospectus Date |
Invesco Charter Fund |
CHTRX |
CHTCX |
N/A |
CHRRX |
CHRSX |
CHTYX |
N/A |
CHTVX |
CHFTX |
February 26, 2021 |
Invesco Diversified Dividend Fund |
LCEAX |
LCEVX |
N/A |
DDFRX |
N/A |
LCEYX |
LCEIX |
DDFIX |
LCEFX |
February 26, 2021 |
Invesco Main Street All Cap Fund® (formerly known as Invesco Oppenheimer Main Street All Cap Fund®) |
OMSOX |
OMSCX |
N/A |
OMSNX |
N/A |
OMSYX |
N/A |
MSAZX |
IOAPX |
February 26, 2021 |
Invesco Main Street Fund® (formerly known as Invesco Oppenheimer Main Street Fund®) |
MSIGX |
MIGCX |
N/A |
OMGNX |
N/A |
MIGYX |
N/A |
MSJFX |
OMSIX |
February 26, 2021 |
Invesco Rising Dividends Fund (formerly known as Invesco Oppenheimer Rising Dividends Fund) |
OARDX |
OCRDX |
N/A |
ONRDX |
N/A |
OYRDX |
N/A |
RSDQX |
OIRDX |
February 26, 2021 |
Invesco Summit Fund |
ASMMX |
CSMMX |
SMMIX |
N/A |
SMMSX |
ASMYX |
N/A |
SMITX |
SMISX |
February 26, 2021 |
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Fund Name |
Fund History |
Invesco Charter Fund |
Prior to April 30, 2010, Invesco Charter Fund was known as AIM Charter Fund. |
Invesco Diversified Dividend Fund |
Prior to April 30, 2010, Invesco Diversified Dividend Fund was known as AIM Diversified Dividend Fund. |
Invesco Main Street All Cap Fund®* |
Prior to September 30, 2020, Invesco Main Street All Cap Fund® was known as Invesco Oppenheimer Main Street All Cap Fund®. On May 24, 2019, Invesco Oppenheimer Main Street All Cap Fund® assumed the assets and liabilities of its predecessor fund Oppenheimer Main Street All Cap Fund®. |
Invesco Main Street Fund®* |
Prior to September 30, 2020, Invesco Main Street Fund® was known as Invesco Oppenheimer Main Street Fund®. On May 24, 2019, Invesco Oppenheimer Main Street Fund® assumed the assets and liabilities of its predecessor fund Oppenheimer Main Street Fund®. |
Invesco Rising Dividends Fund* |
Prior to September 30, 2020, Invesco Rising Dividends Fund was known as Invesco Oppenheimer Rising Dividends Fund. On May 24, 2019, Invesco Oppenheimer Rising Dividends Fund assumed the assets and liabilities of its predecessor fund Oppenheimer Rising Dividends Fund. |
Invesco Summit Fund |
Prior to April 30, 2010, Invesco Summit Fund was known as AIM Summit Fund. |
Information |
Approximate Date of Website Posting |
Information Remains Available on Website |
Select portfolio holdings information, such as top ten holdings as of the month-end |
15 days after month-end |
Until replaced with the following month’s top ten holdings |
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Select holdings included in the Fund’s Quarterly Performance Update |
29 days after calendar quarter-end |
Until replaced with the following quarter’s Quarterly Performance Update |
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Complete portfolio holdings as of calendar quarter-end |
30 days after calendar quarter-end |
For one year |
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Complete portfolio holdings as of fiscal quarter-end |
60-70 days after fiscal quarter-end |
For one year |
Fund Name |
Adviser/Sub-Adviser |
Invesco Charter Fund |
Invesco Advisers, Inc. |
Invesco Diversified Dividend Fund |
Invesco Advisers, Inc. |
Invesco Main Street All Cap Fund® |
Invesco Advisers, Inc. |
Invesco Main Street Fund® |
Invesco Advisers, Inc. |
Invesco Rising Dividends Fund |
Invesco Advisers, Inc. |
Invesco Summit Fund |
Invesco Advisers, Inc. |
Fund Name |
Net Assets Per Advisory Agreement |
Annual Rate |
Invesco Charter Fund |
First $250 million |
0.695% |
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Next $4.05 billion |
0.615% |
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Next $3.9 billion |
0.57% |
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Next $1.8 billion |
0.545% |
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Over $10 billion |
0.52% |
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Invesco Diversified Dividend Fund |
First $350 million |
0.60% |
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Next $350 million |
0.55% |
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Next $1.3 billion |
0.50% |
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Next $2 billion |
0.45% |
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Next $2 billion |
0.40% |
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Next $2 billion |
0.375% |
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Over $8 billion |
0.35% |
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Invesco Main Street All Cap Fund®* |
First $200 million |
0.75% |
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Next $200 million |
0.72% |
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Next $200 million |
0.69% |
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Next $200 million |
0.66% |
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Next $4.2 billion |
0.60% |
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Over $5 billion |
0.58% |
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Invesco Main Street Fund®* |
First $200 million |
0.65% |
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Next $150 million |
0.60% |
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Next $150 million |
0.55% |
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Next $9.5 million |
0.45% |
|
Over $10 billion |
0.43% |
Fund Name |
Net Assets Per Advisory Agreement |
Annual Rate |
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|
|
Invesco Rising Dividends Fund* |
First $800 million |
0.65% |
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Next $700 million |
0.60% |
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Next $1 billion |
0.58% |
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Next $2.5 billion |
0.56% |
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Next $5 billion |
0.54% |
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Over $10 billion |
0.52% |
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Invesco Summit Fund |
First $10 million |
1.00% |
|
Next $140 million |
0.75% |
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Over $150 million |
0.625% |
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Fund |
Annual Rate/Net Assets Per Expense Limitation Agreement |
Expiration Date |
Invesco Charter Fund |
|
|
Class A Shares |
2.00% |
June 30, 2021 |
Class C Shares |
2.75% |
June 30, 2021 |
Class R Shares |
2.25% |
June 30, 2021 |
Class R5 Shares |
1.75% |
June 30, 2021 |
Class R6 Shares |
1.75% |
June 30, 2021 |
Class S Shares |
1.90% |
June 30, 2021 |
Class Y Shares |
1.75% |
June 30, 2021 |
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Invesco Diversified Dividend Fund |
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|
Class A Shares |
2.00% |
June 30, 2021 |
Class C Shares |
2.75% |
June 30, 2021 |
Class R Shares |
2.25% |
June 30, 2021 |
Class R5 Shares |
1.75% |
June 30, 2021 |
Class R6 Shares |
1.75% |
June 30, 2021 |
Class Y Shares |
1.75% |
June 30, 2021 |
Investor Class Shares |
2.00% |
June 30, 2021 |
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Invesco Main Street All Cap Fund® |
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|
Class A Shares |
1.16% |
May 31, 2021 |
Fund |
Annual Rate/Net Assets Per Expense Limitation Agreement |
Expiration Date |
Class C Shares |
1.90% |
May 31, 2021 |
Class R Shares |
1.41% |
May 31, 2021 |
Class R5 Shares |
0.86% |
May 31, 2021 |
Class R6 Shares |
0.81% |
May 31, 2021 |
Class Y Shares |
0.91% |
May 31, 2021 |
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|
|
Invesco Main Street All Cap Fund® |
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|
Class A Shares |
2.00% |
June 1, 2021 - June 30, 2021 |
Class C Shares |
2.75% |
June 1, 2021 - June 30, 2021 |
Class R Shares |
2.25% |
June 1, 2021 - June 30, 2021 |
Class R5 Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
Class R6 Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
Class Y Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
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Invesco Main Street Fund® |
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|
Class A Shares |
0.92% |
May 31, 2021 |
Class C Shares |
1.68% |
May 31, 2021 |
Class R Shares |
1.18% |
May 31, 2021 |
Class R5 Shares |
0.55% |
May 31, 2021 |
Class R6 Shares |
0.50% |
May 31, 2021 |
Class Y Shares |
0.67% |
May 31, 2021 |
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|
|
Invesco Main Street Fund® |
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|
Class A Shares |
2.00% |
June 1, 2021 - June 30, 2021 |
Class C Shares |
2.75% |
June 1, 2021 - June 30, 2021 |
Class R Shares |
2.25% |
June 1, 2021 - June 30, 2021 |
Class R5 Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
Class R6 Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
Class Y Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
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Invesco Rising Dividends Fund |
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|
Class A Shares |
1.08% |
May 31, 2021 |
Class C Shares |
1.83% |
May 31, 2021 |
Class R Shares |
1.33% |
May 31, 2021 |
Class R5 Shares |
0.69% |
May 31, 2021 |
Class R6 Shares |
0.64% |
May 31, 2021 |
Class Y Shares |
0.83% |
May 31, 2021 |
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|
Invesco Rising Dividends Fund® |
|
|
Class A Shares |
2.00% |
June 1, 2021 - June 30, 2021 |
Class C Shares |
2.75% |
June 1, 2021 - June 30, 2021 |
Class R Shares |
2.25% |
June 1, 2021 - June 30, 2021 |
Class R5 Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
Class R6 Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
Class Y Shares |
1.75% |
June 1, 2021 - June 30, 2021 |
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Invesco Summit Fund |
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|
Class A Shares |
2.00% |
June 30, 2021 |
Class C Shares |
2.75% |
June 30, 2021 |
Class P Shares |
1.85% |
June 30, 2021 |
Class R5 Shares |
1.75% |
June 30, 2021 |
Class R6 Shares |
1.75% |
June 30, 2021 |
Fund |
Annual Rate/Net Assets Per Expense Limitation Agreement |
Expiration Date |
Class S Shares |
1.90% |
June 30, 2021 |
Class Y Shares |
1.75% |
June 30, 2021 |
Fund |
Gross income from securities lending activities |
Fees paid to Securities Lending Agent from a revenue split |
Fees paid for any cash collateral management service (including fees deducted from a pooled cash collateral reinvestment vehicle) not included in the revenue split |
Administrative fees not included in the revenue split |
Indemnification fees not included in the revenue split |
Rebate (paid to borrower) |
Other fees not included in the revenue split |
Aggregate fees/ compensation for securities lending activities |
Net income from securities lending activities |
Invesco Charter Fund |
$19,479.59 |
$10,837.76 |
$13,737.00 |
$ -0- |
$ -0- |
$(102,638.45) |
$ -0- |
$(78,063.69) |
$97,543.28 |
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Invesco Diversified Dividend Fund |
$75,667.90 |
$31,104.58 |
$55,298.00 |
$ -0- |
$ -0- |
$(290,676.55) |
$ -0- |
$(204,273.97) |
$279,941.87 |
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Invesco Main Street Fund |
$16,290.96 |
$2,900.66 |
$13,494.00 |
$ -0- |
$ -0- |
$(26,210.68) |
$ -0- |
$(9,816.02) |
$26,106.98 |
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Invesco Summit Fund |
$24,168.22 |
$11,657.01 |
$6,530.00 |
$ -0- |
$ -0- |
$(98,938.12) |
$ -0- |
$(80,751.11) |
$104,919.33 |
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Fund |
Class A |
Class C |
Class P |
Class R |
Class S |
Invesco Charter Fund |
0.25% |
1.00% |
N/A |
0.50% |
0.15% |
Invesco Diversified Dividend Fund |
0.25% |
1.00% |
N/A |
0.50% |
N/A |
Invesco Main Street Fund® |
See below |
1.00% |
N/A |
0.50% |
N/A |
Invesco Main Street All Cap Fund® |
See below |
1.00% |
N/A |
0.50% |
N/A |
Invesco Rising Dividends Fund |
See below |
1.00% |
N/A |
0.50% |
N/A |
Invesco Summit Fund |
0.25% |
1.00% |
0.10% |
N/A |
0.15% |
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Fund |
Class A |
Class C |
Class R |
Investor Class |
Invesco Charter Fund |
See above |
See above |
See above |
N/A |
Invesco Diversified Dividend Fund |
See above |
See above |
See above |
0.25% |
Invesco Main Street Fund® |
0.25% |
See above |
See above |
N/A |
Invesco Main Street All Cap Fund® |
0.25% |
See above |
See above |
N/A |
Invesco Rising Dividends Fund |
0.25% |
See above |
See above |
N/A |
Invesco Summit Fund |
See above |
1.00% |
N/A |
N/A |
Service Provider |
Disclosure Category |
ABN AMRO Financial Services, Inc. |
Broker (for certain Invesco Funds) |
Absolute Color |
Financial Printer |
Anglemyer & Co. |
Analyst (for certain Invesco Funds) |
AXA |
Other |
Ballard Spahr Andrews & Ingersoll, LLP |
Special Insurance Counsel |
Barclays Capital, Inc. |
Broker (for certain Invesco Funds) |
Blaylock Robert Van LLC |
Broker (for certain Invesco Funds) |
BB&T Capital Markets |
Broker (for certain Invesco Funds) |
Bear Stearns Pricing Direct, Inc. |
Pricing Vendor (for certain Invesco Funds) |
BLNS Securities Ltd. |
Broker (for certain Invesco Funds) |
BOSC, Inc. |
Broker (for certain Invesco Funds) |
Brown Brothers Harriman & Co. |
Custodian and Securities Lender (each, respectively, for certain Invesco Funds) |
Cabrera Capital Markets |
Broker (for certain Invesco Funds) |
Charles River Systems, Inc. |
System Provider |
Chas. P. Young Co. |
Financial Printer |
Cirrus Research, LLC |
Trading System |
Citibank, N.A. |
Custodian and Securities Lender (each, respectively, for certain Invesco Funds) |
Citigroup Global Markets, Inc. |
Broker (for certain Invesco Funds) |
Commerce Capital Markets |
Broker (for certain Invesco Funds) |
Crane Data, LLC |
Analyst (for certain Invesco Funds) |
Credit Suisse International / Credit Suisse Securities (Europe) Ltd. |
Service Provider |
Crews & Associates |
Broker (for certain Invesco Funds) |
D.A. Davidson & Co. |
Broker (for certain Invesco Funds) |
Dechert LLP |
Legal Counsel |
DEPFA First Albany |
Broker (for certain Invesco Funds) |
Deutsche Bank Trust Company Americas |
Custodian and Securities Lender (each, respectively, for certain Invesco Funds) |
E.K. Riley Investments LLC |
Broker (for certain Invesco Funds) |
Empirical Research Partners |
Analyst (for certain Invesco Funds) |
Finacorp Securities |
Broker (for certain Invesco Funds) |
First Miami Securities |
Broker (for certain Invesco Funds) |
First Southwest Co. |
Broker (for certain Invesco Funds) |
First Tryon Securities |
Broker (for certain Invesco Funds) |
Fitch, Inc. |
Rating & Ranking Agency (for certain Invesco Funds) |
FT Interactive Data Corporation |
Pricing Vendor |
FTN Financial Group |
Broker (for certain Invesco Funds) |
GainsKeeper |
Software Provider (for certain Invesco Funds) |
GCom2 Solutions |
Software Provider (for certain Invesco Funds) |
George K. Baum & Company |
Broker (for certain Invesco Funds) |
Glass, Lewis & Co. |
System Provider (for certain Invesco Funds) |
Global Trading Analytics, LLC |
Software Provider |
Global Trend Alert |
Analyst (for certain Invesco Funds) |
Hattier, Sanford & Reynoir |
Broker (for certain Invesco Funds) |
Hutchinson, Shockey, Erley & Co. |
Broker (for certain Invesco Funds) |
ICI (Investment Company Institute) |
Analyst (for certain Invesco Funds) |
ICRA Online Ltd. |
Rating & Ranking Agency (for certain Invesco Funds) |
Service Provider |
Disclosure Category |
Lincoln Investment Advisors Corporation |
Other |
iMoneyNet, Inc. |
Rating & Ranking Agency (for certain Invesco Funds) |
Initram Data, Inc. |
Pricing Vendor |
Institutional Shareholder Services, Inc. |
Proxy Voting Service (for certain Invesco Funds) |
Invesco Investment Services, Inc. |
Transfer Agent |
Invesco Senior Secured Management, Inc. |
System Provider (for certain Invesco Funds) |
Investment Company Institute |
Analyst (for certain Invesco Funds) |
Investortools, Inc. |
Broker (for certain Invesco Funds) |
ITG, Inc. |
Pricing Vendor (for certain Invesco Funds) |
J.P. Morgan Chase Bank |
Custodian and Securities Lender (each, respectively, for certain Invesco Funds) |
J.P. Morgan Securities, Inc. |
Analyst (for certain Invesco Funds) |
J.P. Morgan Securities Inc.\Citigroup Global Markets Inc.\JPMorgan Chase Bank, N.A. |
Lender (for certain Invesco Funds) |
J.P. Morgan Securities |
Broker (for certain Invesco Funds) |
Janney Montgomery Scott LLC |
Broker (for certain Invesco Funds) |
John Hancock Investment Management Services, LLC |
Sub-advisor (for certain sub-advised accounts) |
Jorden Burt LLP |
Special Insurance Counsel |
KeyBanc Capital Markets, Inc. |
Broker (for certain Invesco Funds) |
Kramer Levin Naftalis & Frankel LLP |
Legal Counsel |
Lebenthal & Co. LLC |
Broker (for certain Invesco Funds) |
Lipper, Inc. |
Rating & Ranking Agency (for certain Invesco Funds) |
Loan Pricing Corporation |
Pricing Service (for certain Invesco Funds) |
Loop Capital Markets |
Broker (for certain Invesco Funds) |
M.R. Beal |
Broker (for certain Invesco Funds) |
MarkIt Group Limited |
Pricing Vendor (for certain Invesco Funds) |
Merrill Communications LLC |
Financial Printer |
Mesirow Financial, Inc. |
Broker (for certain Invesco Funds) |
Middle Office Solutions |
Software Provider |
Moody's Investors Service |
Rating & Ranking Agency (for certain Invesco Funds) |
Morgan Keegan & Company, Inc. |
Broker (for certain Invesco Funds) |
Morrison Foerster LLP |
Legal Counsel |
MS Securities Services, Inc. and Morgan Stanley & Co. Incorporated |
Securities Lender (for certain Invesco Funds) |
Muzea Insider Consulting Services, LLC |
Analyst (for certain Invesco Funds) |
Ness USA Inc. |
System provider |
Noah Financial, LLC |
Analyst (for certain Invesco Funds) |
Omgeo LLC |
Trading System |
Piper Jaffray |
Analyst (for certain Invesco Funds) |
Prager, Sealy & Co. |
Broker (for certain Invesco Funds) |
PricewaterhouseCoopers LLP |
Independent Registered Public Accounting Firm (for all Invesco Funds) |
Protective Securities |
Broker (for certain Invesco Funds) |
Ramirez & Co., Inc. |
Broker (for certain Invesco Funds) |
Raymond James & Associates, Inc. |
Broker (for certain Invesco Funds) |
RBC Capital Markets |
Analyst (for certain Invesco Funds) |
RBC Dain Rauscher Incorporated |
Broker (for certain Invesco Funds) |
Reuters America LLC |
Pricing Service (for certain Invesco Funds) |
Rice Financial Products |
Broker (for certain Invesco Funds) |
Robert W. Baird & Co. Incorporated |
Broker (for certain Invesco Funds) |
RR Donnelley Financial |
Financial Printer |
Ryan Beck & Co. |
Broker (for certain Invesco Funds) |
SAMCO Capital Markets, Inc. |
Broker (for certain Invesco Funds) |
Seattle-Northwest Securities Corporation |
Broker (for certain Invesco Funds) |
Service Provider |
Disclosure Category |
Siebert Brandford Shank & Co., L.L.C. |
Broker (for certain Invesco Funds) |
Simon Printing Company |
Financial Printer |
Southwest Precision Printers, Inc. |
Financial Printer |
Southwest Securities |
Broker (for certain Invesco Funds) |
Standard and Poor's/Standard and Poor's Securities Evaluations, Inc. |
Pricing Service and Rating and Ranking Agency (each, respectively, for certain Invesco Funds) |
StarCompliance, Inc. |
System Provider |
State Street Bank and Trust Company |
Custodian, Lender, Securities Lender, and System Provider (each, respectively, for certain Invesco Funds) |
Sterne, Agee & Leach, Inc. |
Broker (for certain Invesco Funds) |
Stifel, Nicolaus & Company, Incorporated |
Broker (for certain Invesco Funds) |
Stradley Ronon Stevens & Young, LLP |
Legal Counsel |
The Bank of New York |
Custodian and Securities Lender (each, respectively, for certain Invesco Funds) |
The MacGregor Group, Inc. |
Software Provider |
The Savader Group LLC |
Broker (for certain Invesco Funds) |
Thomson Information Services Incorporated |
Software Provider |
TradingHub Group Ltd. |
Analyst (for certain Invesco Funds) |
UBS Financial Services, Inc. |
Broker (for certain Invesco Funds) |
UMB Bank, N.A. |
Custodian and Securities Lender (each, respectively, for certain Invesco Funds) |
VCI Group Inc. |
Financial Printer |
Vining Sparks IBG |
Broker (for Certain Invesco Funds) |
W.H Mell Associates, Inc. |
Broker (for certain Invesco Funds) |
Wachovia National Bank, N.A. |
Broker (for certain Invesco Funds) |
Western Lithograph |
Financial Printer |
Wiley Bros. Aintree Capital L.L.C. |
Broker (for certain Invesco Funds) |
William Blair & Co. |
Broker (for certain Invesco Funds) |
XSP, LLC\Solutions Plus, Inc. |
Software Provider |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other Trusteeship(s)/ Directorship Held by Trustee/Director During Past 5 Years |
Martin L. Flanagan1 - 1960 |
Trustee and Vice Chair |
2007 |
Executive Director, Chief Executive Officer and President, Invesco Ltd. (ultimate parent of Invesco and a global investment management firm); Trustee and Vice Chair, The Invesco Funds; Vice Chair, Investment Company Institute; and Member of Executive Board, SMU Cox School of Business Formerly: Advisor to the Board, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.); Chairman and Chief Executive Officer, Invesco Advisers, Inc. (registered investment adviser); Director, Chairman, Chief Executive Officer and President, Invesco Holding Company (US), Inc. (formerly IVZ Inc.) (holding company), Invesco Group Services, Inc. (service provider) and Invesco North American Holdings, Inc. (holding company); Director, Chief Executive Officer and President, Invesco Holding Company Limited (parent of Invesco and a global investment management firm); Director, Invesco Ltd.; Chairman, Investment Company Institute and President, Co-Chief Executive Officer, Co-President, Chief Operating Officer |
196 |
None |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other Trusteeship(s)/ Directorship Held by Trustee/Director During Past 5 Years |
|
|
|
and Chief Financial Officer, Franklin Resources, Inc. (global investment management organization) |
|
|
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other Trusteeship(s)/ Directorship Held by Trustee/Director During Past 5 Years |
Christopher L. Wilson – 1957 |
Trustee and Chair |
2017 |
Retired Formerly: Director, TD Asset Management USA Inc. (mutual fund complex) (22 portfolios); Managing Partner, CT2, LLC (investing and consulting firm); President/Chief Executive Officer, Columbia Funds, Bank of America Corporation; President/Chief Executive Officer, CDC IXIS Asset Management Services, Inc.; Principal & Director of Operations, Scudder Funds, Scudder, Stevens & Clark, Inc.; Assistant Vice President, Fidelity Investments; Director, ISO New England, Inc. (non- profit organization managing regional electricity market) |
196 |
enaible, Inc. (artificial intelligence technology) |
Beth Ann Brown – 1968 |
Trustee |
2019 |
Independent Consultant Formerly: Head of Intermediary Distribution, Managing Director, Strategic Relations, Managing Director, Head of National Accounts, Senior Vice President, National Account Manager and Senior Vice President, Key Account Manager, Columbia Management Investment Advisers LLC; Vice President, Key Account Manager, Liberty Funds Distributor, Inc.; |
196 |
Director, Board of Directors of Caron Engineering Inc.; Advisor, Board of Advisors of Caron Engineering Inc.; President and Director, Acton Shapleigh Youth Conservation Corps (non -profit); and President and Director of Grahamtastic Connection (non-profit) |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other Trusteeship(s)/ Directorship Held by Trustee/Director During Past 5 Years |
|
|
|
and Trustee of certain Oppenheimer Funds |
|
|
Jack M. Fields – 1952 |
Trustee |
1997 |
Chief Executive Officer, Twenty First Century Group, Inc. (government affairs company); and Board Member Impact(Ed) (non-profit) Formerly: Owner and Chief Executive Officer, Dos Angeles Ranch L.P. (cattle, hunting, corporate entertainment); Director, Insperity, Inc. (formerly known as Administaff) (human resources provider); Chief Executive Officer, Texana Timber LP (sustainable forestry company); Director of Cross Timbers Quail Research Ranch (non- profit); and member of the U.S. House of Representatives |
196 |
Member, Board of Directors of Baylor College of Medicine |
Cynthia Hostetler —1962 |
Trustee |
2017 |
Non-Executive Director and Trustee of a number of public and private business corporations Formerly: Director, Aberdeen Investment Funds (4 portfolios); Artio Global Investment LLC (mutual fund complex); Edgen Group, Inc. (specialized energy and infrastructure products distributor); Head of Investment Funds and Private Equity, Overseas Private Investment Corporation; President, First Manhattan Bancorporation, Inc.; Attorney, Simpson Thacher & Bartlett LLP |
196 |
Resideo Technologies (smart home technology); Vulcan Materials Company (construction materials company); Trilinc Global Impact Fund; Genesee & Wyoming, Inc. (railroads); Investment Company Institute (professional organization); Independent Directors Council (professional organization) |
Eli Jones – 1961 |
Trustee |
2016 |
Professor and Dean, Mays Business School - Texas A&M University Formerly: Professor and Dean, Walton College of Business, University of |
196 |
Insperity, Inc. (formerly known as Administaff) (human resources provider) |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other Trusteeship(s)/ Directorship Held by Trustee/Director During Past 5 Years |
|
|
|
Arkansas and E.J. Ourso College of Business, Louisiana State University; Director, Arvest Bank |
|
|
Elizabeth Krentzman – 1959 |
Trustee |
2019 |
Formerly: Principal and Chief Regulatory Advisor for Asset Management Services and U.S. Mutual Fund Leader of Deloitte & Touche LLP; General Counsel of the Investment Company Institute (trade association); National Director of the Investment Management Regulatory Consulting Practice, Principal, Director and Senior Manager of Deloitte & Touche LLP; Assistant Director of the Division of Investment Management - Office of Disclosure and Investment Adviser Regulation of the U.S. Securities and Exchange Commission and various positions with the Division of Investment Management – Office of Regulatory Policy of the U.S. Securities and Exchange Commission; Associate at Ropes & Gray LLP; and Trustee of certain Oppenheimer Funds |
196 |
Trustee of the University of Florida National Board Foundation; Member of the Cartica Funds Board of Directors (private investment funds); Member of the University of Florida Law Center Association, Inc. Board of Trustees and Audit Committee Member |
Anthony J. LaCava, Jr.– 1956 |
Trustee |
2019 |
Formerly: Director and Member of the Audit Committee, Blue Hills Bank (publicly traded financial institution) and Managing Partner, KPMG LLP |
196 |
Blue Hills Bank; Chairman, Bentley University; Member, Business School Advisory Council; and Nominating Committee, KPMG LLP |
Prema Mathai-Davis – 1950 |
Trustee |
1998 |
Retired Formerly: Co-Founder & Partner of Quantalytics Research, LLC, (a FinTech Investment Research Platform for the Self-Directed Investor); Trustee of YWCA Retirement Fund; CEO of YWCA of the USA; Board member of the NY |
196 |
None |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other Trusteeship(s)/ Directorship Held by Trustee/Director During Past 5 Years |
|
|
|
Metropolitan Transportation Authority; Commissioner of the NYC Department of Aging; Board member of Johns Hopkins Bioethics Institute |
|
|
Joel W. Motley – 1952 |
Trustee |
2019 |
Director of Office of Finance, Federal Home Loan Bank System; Managing Director of Carmona Motley Inc. (privately held financial advisor); Member of the Council on Foreign Relations and its Finance and Budget Committee; Chairman Emeritus of Board of Human Rights Watch and Member of its Investment Committee; and Member of Investment Committee and Board of Historic Hudson Valley (non-profit cultural organization) Formerly: Managing Director of Public Capital Advisors, LLC (privately held financial advisor); Managing Director of Carmona Motley Hoffman, Inc. (privately held financial advisor); Trustee of certain Oppenheimer Funds; Director of Columbia Equity Financial Corp. (privately held financial advisor); and Member of the Vestry of Trinity Church Wall Street |
196 |
Member of Board of Greenwall Foundation (bioethics research foundation) and its Investment Committee; Member of Board of Friends of the LRC (non-profit legal advocacy); Board Member and Investment Committee Member of Pulitzer Center for Crisis Reporting (non-profit journalism) |
Teresa M. Ressel — 1962 |
Trustee |
2017 |
Non-executive director and trustee of a number of public and private business corporations Formerly: Chief Executive Officer, UBS Securities LLC (investment banking); Chief Operating Officer, UBS AG Americas (investment banking); Sr. Management Team Olayan America, The Olayan Group (international |
196 |
Elucida Oncology (nanotechnology & medical particles company) |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other Trusteeship(s)/ Directorship Held by Trustee/Director During Past 5 Years |
|
|
|
investor/commercial/industrial); Assistant Secretary for Management & Budget and Designated Chief Financial Officer, U.S. Department of Treasury; Director, Atlantic Power Corporation (power generation company) and ON Semiconductor Corporation (semiconductor manufacturing) |
|
|
Ann Barnett Stern – 1957 |
Trustee |
2017 |
President and Chief Executive Officer, Houston Endowment Inc. (private philanthropic institution) Formerly: Executive Vice President and General Counsel, Texas Children’s Hospital; Attorney, Beck, Redden and Secrest, LLP; Business Law Instructor, University of St. Thomas; Attorney, Andrews & Kurth LLP; Federal Reserve Bank of Dallas; Federal Reserve Bank of Dallas |
196 |
Holdsworth Center, Good Reason Houston, Greater Houston Partnership, University of Texas Law School Foundation |
Robert C. Troccoli – 1949 |
Trustee |
2016 |
Retired Formerly: Adjunct Professor, University of Denver – Daniels College of Business; and Managing Partner, KPMG LLP |
196 |
None |
Daniel S. Vandivort –1954 |
Trustee |
2019 |
Trustee, Board of Trustees, Huntington Disease Foundation of America; and President, Flyway Advisory Services LLC (consulting and property management) Formerly: Trustee and Governance Chair, of certain Oppenheimer Funds; and Treasurer, Chairman of the Audit and Finance Committee, Huntington Disease Foundation of America |
196 |
None |
James D. Vaughn – 1945 |
Trustee |
2019 |
Retired |
196 |
Board member and Chairman of Audit |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Number of Funds in Fund Complex Overseen by Trustee |
Other Trusteeship(s)/ Directorship Held by Trustee/Director During Past 5 Years |
|
|
|
Formerly: Managing Partner, Deloitte & Touche LLP; Trustee and Chairman of the Audit Committee, Schroder Funds; Board Member, Mile High United Way, Boys and Girls Clubs, Boy Scouts, Colorado Business Committee for the Arts, Economic Club of Colorado and Metro Denver Network (economic development corporation); and Trustee of certain Oppenheimer Funds |
|
Committee of AMG National Trust Bank; Trustee and Investment Committee member, University of South Dakota Foundation; Board member, Audit Committee Member and past Board Chair, Junior Achievement (non-profit) |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
Sheri Morris – 1964 |
President and Principal Executive Officer |
1999 |
Head of Global Fund Services, Invesco Ltd.; President and Principal Executive Officer, The Invesco Funds; Senior Vice President, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.) (registered investment adviser); and Vice President, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Commodity Fund Trust and Invesco Exchange-Traded Self-Indexed Fund Trust; and Vice President, OppenheimerFunds, Inc. Formerly: Vice President, Treasurer and Principal Financial Officer, The Invesco Funds; Vice President, Invesco AIM Advisers, Inc., Invesco AIM Capital Management, Inc. and Invesco AIM Private Asset Management, Inc.; Assistant Vice President and Assistant Treasurer, The Invesco Funds; Vice President and Assistant Vice President, Invesco Advisers, Inc.; Assistant Vice President, Invesco AIM Capital Management, Inc. and Invesco AIM Private Asset Management, Inc.; and Treasurer, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust and Invesco Actively Managed Exchange-Traded Fund Trust |
Russell C. Burk – 1958 |
Senior Vice President and Senior Officer |
2005 |
Senior Vice President and Senior Officer, The Invesco Funds |
Jeffrey H. Kupor – 1968 |
Senior Vice President, Chief Legal Officer and Secretary |
2018 |
Head of Legal of the Americas, Invesco Ltd.; Senior Vice President and Secretary, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.) (registered investment adviser); Secretary, Invesco Distributors, Inc. (formerly known as Invesco AIM Distributors, Inc.); Vice President and Secretary, Invesco Investment Services, Inc. (formerly known as Invesco AIM Investment Services, Inc.) Senior Vice President, Chief Legal Officer and Secretary, The Invesco Funds; Secretary and General Counsel, Invesco Investment Advisers LLC (formerly known as |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
|
|
|
Van Kampen Asset Management); Secretary and General Counsel, Invesco Capital Markets, Inc. (formerly known as Van Kampen Funds Inc.) and Chief Legal Officer, Invesco Exchange- Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Commodity Fund Trust and Invesco Exchange-Traded Self-Indexed Fund Trust; Secretary, Invesco Indexing LLC; Secretary, W.L. Ross & Co., LLC; Secretary and Vice President, Harbourview Asset Management Corporation; Secretary and Vice President, OppenheimerFunds, Inc. and Invesco Managed Accounts, LLC; Secretary and Senior Vice President, OFI Global Institutional, Inc.; Secretary and Vice President, OFI SteelPath, Inc.; Secretary and Vice President, Oppenheimer Acquisition Corp.; Secretary and Vice President, Shareholder Services, Inc.; Secretary and Vice President, Trinity Investment Management Corporation Formerly: Senior Vice President, Invesco Distributors, Inc.; Secretary and Vice President, Jemstep, Inc.; Head of Legal, Worldwide Institutional, Invesco Ltd.; Secretary and General Counsel, INVESCO Private Capital Investments, Inc.; Senior Vice President, Secretary and General Counsel, Invesco Management Group, Inc. (formerly known as Invesco AIM Management Group, Inc.); Assistant Secretary, INVESCO Asset Management (Bermuda) Ltd.; Secretary and General Counsel, Invesco Private Capital, Inc.; Assistant Secretary and General Counsel, INVESCO Realty, Inc.; Secretary and General Counsel, Invesco Senior Secured Management, Inc.; and Secretary, Sovereign G./P. Holdings Inc. |
Andrew R. Schlossberg – 1974 |
Senior Vice President |
2019 |
Head of the Americas and Senior Managing Director, Invesco Ltd.; Director and Senior Vice President, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.) (registered investment adviser); Director and Chairman, Invesco Investment Services, Inc. (formerly known as Invesco AIM Investment Services, Inc.) (registered transfer agent); Senior Vice President, The Invesco Funds; Director, Invesco Investment Advisers LLC (formerly known as Van Kampen Asset Management) Formerly: Director, President and Chairman, Invesco Insurance Agency, Inc.; Director, Invesco UK Limited; Director and Chief Executive, Invesco Asset Management Limited and Invesco Fund Managers Limited; Assistant Vice President, The Invesco Funds; Senior Vice President, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.) (registered investment adviser); Director and Chief Executive, Invesco Administration Services Limited and Invesco Global Investment Funds Limited; Director, Invesco Distributors, Inc.; Head of EMEA, Invesco Ltd.; President, Invesco Actively Managed Exchange-Traded Commodity Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II and Invesco India Exchange-Traded Fund Trust; Managing Director and Principal Executive Officer, Invesco Capital Management LLC |
John M. Zerr – 1962 |
Senior Vice President |
2006 |
Chief Operating Officer of the Americas; Senior Vice President, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.) (registered investment adviser); Senior Vice President, Invesco Distributors, Inc. (formerly known as Invesco AIM Distributors, Inc.); Director and Vice President, Invesco |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
|
|
|
Investment Services, Inc. (formerly known as Invesco AIM Investment Services, Inc.) Senior Vice President, The Invesco Funds; Managing Director, Invesco Capital Management LLC; Director, Invesco Investment Advisers LLC (formerly known as Van Kampen Asset Management); Senior Vice President, Invesco Capital Markets, Inc. (formerly known as Van Kampen Funds Inc.); Manager, Invesco Indexing LLC; Manager, Invesco Specialized Products, LLC; Member, Invesco Canada Funds Advisory Board; Director, President and Chief Executive Officer, Invesco Corporate Class Inc. (corporate mutual fund company); and Director, Chairman, President and Chief Executive Officer, Invesco Canada Ltd. (formerly known as Invesco Trimark Ltd./Invesco Trimark Ltèe) (registered investment adviser and registered transfer agent); President, Invesco, Inc.; President, Invesco Global Direct Real Estate Feeder GP Ltd.; President, Invesco IP Holdings (Canada) Ltd; President, Invesco Global Direct Real Estate GP Ltd.; President, Invesco Financial Services Ltd. / Services Financiers Invesco Ltée; and President, Trimark Investments Ltd./Placements Trimark Ltée Formerly: Director and Senior Vice President, Invesco Insurance Agency, Inc.; Director and Senior Vice President, Invesco Management Group, Inc. (formerly known as Invesco AIM Management Group, Inc.); Secretary and General Counsel, Invesco Management Group, Inc. (formerly known as Invesco AIM Management Group, Inc.); Secretary, Invesco Investment Services, Inc. (formerly known as Invesco AIM Investment Services, Inc.); Chief Legal Officer and Secretary, The Invesco Funds; Secretary and General Counsel, Invesco Investment Advisers LLC (formerly known as Van Kampen Asset Management); Secretary and General Counsel, Invesco Capital Markets, Inc. (formerly known as Van Kampen Funds Inc.); Chief Legal Officer, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Commodity Fund Trust and Invesco Exchange-Traded Self-Indexed Fund Trust; Secretary, Invesco Indexing LLC; Director, Secretary, General Counsel and Senior Vice President, Van Kampen Exchange Corp.; Director, Vice President and Secretary, IVZ Distributors, Inc. (formerly known as INVESCO Distributors, Inc.); Director and Vice President, INVESCO Funds Group, Inc.; Director and Vice President, Van Kampen Advisors Inc.; Director, Vice President, Secretary and General Counsel, Van Kampen Investor Services Inc.; Director and Secretary, Invesco Distributors, Inc. (formerly known as Invesco AIM Distributors, Inc.); Director, Senior Vice President, General Counsel and Secretary, Invesco AIM Advisers, Inc. and Van Kampen Investments Inc.; Director, Vice President and Secretary, Fund Management Company; Director, Senior Vice President, Secretary, General Counsel and Vice President, Invesco AIM Capital Management, Inc.; Chief Operating Officer and General Counsel, Liberty Ridge Capital, Inc. (an investment adviser) |
Gregory G. McGreevey – 1962 |
Senior Vice President |
2012 |
Senior Managing Director, Invesco Ltd.; Director, Chairman, President, and Chief Executive Officer, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.) (registered investment adviser); Director, Invesco Mortgage Capital, Inc. and Invesco Senior Secured Management, Inc.; and Senior Vice President, The Invesco Funds; and President, SNW Asset Management Corporation and Invesco Managed Accounts, LLC; |
Name, Year of Birth |
Position(s) Held with the Trust |
Trustee and/or Officer Since |
Principal Occupation(s) During Past 5 Years |
|
|
|
Chairman and Director, Invesco Private Capital, Inc.; Chairman and Director, INVESCO Private Capital Investments, Inc;. and Chairman and Director, INVESCO Realty, Inc. Formerly: Senior Vice President, Invesco Management Group, Inc. and Invesco Advisers, Inc.; Assistant Vice President, The Invesco Funds |
Adrien Deberghes – 1967 |
Principal Financial Officer, Treasurer and Vice President |
2020 |
Head of the Fund Office of the CFO and Fund Administration; Vice President, Invesco Advisers, Inc.; Principal Financial Officer, Treasurer and Vice President, The Invesco Funds; Vice President, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Commodity Fund Trust and Invesco Exchange-Traded Self-Indexed Fund Trust Formerly: Senior Vice President and Treasurer, Fidelity Investments |
Crissie M. Wisdom – 1969 |
Anti-Money Laundering Compliance Officer |
2013 |
Anti-Money Laundering and OFAC Compliance Officer for Invesco U.S. entities including: Invesco Advisers, Inc. and its affiliates, Invesco Capital Markets, Inc., Invesco Distributors, Inc., Invesco Investment Services, Inc., The Invesco Funds, Invesco Capital Management, LLC, Invesco Trust Company; and Fraud Prevention Manager for Invesco Investment Services, Inc. |
Todd F. Kuehl – 1969 |
Chief Compliance Officer and Senior Vice President |
2020 |
Chief Compliance Officer, Invesco Advisers, Inc. (registered investment adviser); and Chief Compliance Officer and Senior Vice President, The Invesco Funds Formerly: Managing Director and Chief Compliance Officer, Legg Mason (Mutual Funds); Chief Compliance Officer, Legg Mason Private Portfolio Group (registered investment adviser) |
Michael McMaster – 1962 |
Chief Tax Officer, Vice President and Assistant Treasurer |
2020 |
Head of Global Fund Services Tax; Chief Tax Officer, Vice President and Assistant Treasurer, The Invesco Funds; Vice President, Invesco Advisers, Inc.; Assistant Treasurer, Invesco Capital Management LLC, Assistant Treasurer and Chief Tax Officer, Invesco Exchange-Traded Fund Trust, Invesco Exchange- Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Commodity Fund Trust and Invesco Exchange-Traded Self-Indexed Fund Trust; Assistant Treasurer, Invesco Specialized Products, LLC Formerly: Senior Vice President – Managing Director of Tax Services, U.S. Bank Global Fund Services (GFS) |
Name of Trustee |
Dollar Range of Equity Securities Per Fund |
Aggregate Dollar Range of Equity Securities in All Registered Investment Companies Overseen by Trustee in Invesco Funds |
Interested Person |
|
|
Martin L. Flanagan |
Invesco Diversified Dividend Fund |
Over $100,000 |
|
(Over $100,000) |
|
Independent Trustees |
|
|
Beth A. Brown |
None |
Over $100,000 |
Jack M. Fields |
None |
Over $100,000 |
Cynthia Hostetler |
None |
Over $100,0002 |
Eli Jones |
None |
Over $100,0002 |
Elizabeth Krentzman |
Invesco Rising Dividends Fund |
Over $100,000 |
|
($50,001 - $100,000) |
|
Anthony J. LaCava, Jr. |
None |
None2 |
Prema Mathai-Davis |
Invesco Diversified Dividend Fund |
Over $100,0002 |
|
(Over $100,000) |
|
|
Invesco Summit Fund |
|
|
(Over $100,000) |
|
Joel W. Motley |
None |
Over $100,0002 |
Teresa M. Ressel |
None |
Over $100,000 |
Ann Barnett Stern |
Invesco Diversified Dividend Fund |
Over $100,0002 |
|
(Over $100,000) |
|
Robert C. Troccoli |
None |
Over $100,0002 |
Daniel S. Vandivort |
Invesco Summit Fund |
Over $100,0002 |
|
($10,001 - $50,000) |
|
James D. Vaughn |
Invesco Diversified Dividend Fund |
Over $100,0002 |
|
($50,001 - $100,000) |
|
|
Invesco Main Street All Cap Fund® |
|
|
($50,001 - $100,000) |
|
|
Invesco Summit Fund |
|
|
($10,001 - $50,000) |
|
Christopher L. Wilson |
None |
Over $100,0002 |
Trustee |
Aggregate Compensation From the Trust(1) |
Retirement Benefits Accrued by All Invesco Funds |
Estimated Annual Benefits Upon Retirement(2) |
Total Compensation From All Invesco Funds Paid to the Trustees(3) |
Independent Trustees (4)(5) |
|
|
|
|
Beth A. Brown |
$21,990 |
- |
- |
$401,978 |
Jack M. Fields |
23,707 |
- |
$205,000 |
426,970 |
Cynthia Hostetler |
23,751 |
- |
- |
436,324 |
Eli Jones |
22,038 |
- |
- |
396,978 |
Elizabeth Krentzman |
23,134 |
- |
- |
424,478 |
Anthony J. LaCava, Jr. |
25,486 |
- |
- |
474,776 |
Prema Mathai-Davis |
23,707 |
- |
205,000 |
426,970 |
Joel W. Motley |
21,554 |
- |
- |
391,978 |
Teresa M. Ressel |
22,839 |
- |
- |
421,328 |
Ann Barnett Stern |
23,312 |
- |
- |
414,178 |
Robert C. Troccoli |
22,876 |
- |
- |
425,228 |
Daniel S. Vandivort |
22,582 |
- |
- |
405,578 |
James D. Vaughn |
22,961 |
- |
- |
412,728 |
Christopher L. Wilson |
28,316 |
- |
- |
500,578 |
Officer |
|
|
|
|
Russell Burk |
60,016 |
- |
- |
N/A |
Draft |
: |
Final |
Version |
: |
8 |
Effective Date |
: |
May 25, 2020 |
Sr. # |
Circular Number |
Date |
1. |
SEBI/IMD/CIR No 18 / 198647 /2010 |
March 15, 2010 |
2. |
E-mail from SEBI |
June 23, 2011 |
3. |
CIR/IMD/DF/05/2014 |
March 24, 2014 |
4. |
SEBI/HO/IMD/DF2/CIR/P/2016/68 |
August 10, 2016 |
5. |
CIR/CFD/CMD1/168/2019 |
December 24, 2019 |
Taher Badshah Head – Equity |
Sujoy Das Head - Fixed Income |
Suresh Jakhotiya Head - Compliance & Risk |
|
|
|
Neelesh Dhamnaskar Fund Manager |
Kavita Bhanej Vice President - Operations |
|
Saurabh Nanavati Chief Executive Officer |
Ketan Ugrankar COO & CFO |
Version |
Date |
Description |
Initiator |
Approved by |
1.0 |
September 2, 2010 |
Initial Adoption of Voting Policy |
Suresh Jakhotiya |
Board of Religare Invesco AMC and Trustees at board meetings held on September 16, 2010. |
2.0 |
June 28, 2011 |
Policy amended pursuant to SEBI e-mail dated June 23, 2011 |
Suresh Jakhotiya |
Board of Religare Invesco AMC and Trustees at board meetings held on July 13, 2011. |
3.0 |
May 23, 2014 |
Policy amended pursuant to SEBI circular dated March 24, 2014 |
Suresh Jakhotiya |
Board of Religare Invesco AMC and Trustees at board meetings held on May 22, 2014 and May 23, 2014 respectively. |
3.1 |
July 5, 2016 |
Names of AMC and Trustee Company were changed to reflect new names and logo was changed |
Suresh Jakhotiya |
N.A. |
4 |
November 18, 2016 |
Amended Policy pursuant to SEBI circular dated August 10, 2016 and for the purpose of IAMI’s application to SEC for registration as an advisor. |
Suresh Jakhotiya |
Board of IAMI & ITPL at their meetings held on November 18, 2016 and November 25, 2016, respectively. |
5 |
May 5, 2017 |
Reviewed and no changes to be made |
Suresh Jakhotiya |
N.A. |
6 |
May 31, 2018 |
Changes in the voting policy guidelines. |
Suresh Jakhotiya |
Board of IAMI & ITPL at their meetings held on July 13, 2018 respectively. |
7 |
May 9, 2019 |
Reviewed and changes made w.r.t voting for holdings in arbitrage fund |
Suresh Jakhotiya |
Will be placed before the Board of IAMI and ITC for noting at their forthcoming meetings. |
8 |
May 25, 2020 |
Reviewed and changes made pursuant to Stewardship code introduced by SEBI vide SEBI Circular dated December 24, 2019 |
Suresh Jakhotiya |
Will be placed before the Board of IAMI and ITC for noting at their forthcoming meetings. |
Name and Address of Principal Holder |
|
Percentage Owned of Record | |||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class S Shares |
Class Y Shares |
Class R5 Shares |
Class R6 Shares |
Ascensus Trust Company FBO Kaplan Telephone Company 401(K) SAF P.O. Box 10758 Fargo, ND 58106-0758 |
- |
- |
7.06% |
- |
- |
- |
- |
Charles Schwab & Co. Inc. Special Custody Acct. FBO Customers Attn.: Mutual Funds 211 Main St. San Francisco, CA 94105-1905 |
- |
- |
- |
- |
5.28% |
11.76% |
- |
Edward D. Jones & Co. For the Benefit of Customers 12555 Manchester Rd. St. Louis, MO 63131-3710 |
5.60% |
5.99% |
- |
- |
- |
- |
69.01% |
Fidelity Investments Institutional FBO Derrick Corporation Profit 100 Magellan Way (KW1C) Covington, KY 41015-1999 |
- |
- |
- |
- |
- |
- |
11.84% |
Mass Mutual Insurance Company 1295 State Street Springfield, MA 01111-0001 |
- |
- |
6.10% |
- |
- |
- |
- |
Merrill Lynch Pierce Fenner & Smith FBO The Sole Benefit of Customers Attn: Fund Administration 4800 Deer Lake Dr. East, 2nd Floor Jacksonville, FL 32246-64842 |
5.13% |
- |
- |
- |
- |
- |
- |
Morgan Stanley Smith Barney LLCFor Exclusive Benefit of Customers1 New York Plz. FL 12New York, NY 10004-1932 |
- |
- |
- |
- |
9.82% |
- |
- |
National Financial Services LLC FEBO Customers Mutual Funds 499 Washington Blvd., FL 5 Jersey City, NJ 07310-2010 |
6.79% |
- |
- |
- |
26.25% |
63.07% |
6.33% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399-0001 |
7.83% |
- |
- |
- |
8.12% |
- |
- |
Name and Address of Principal Holder |
|
Percentage Owned of Record | |||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class S Shares |
Class Y Shares |
Class R5 Shares |
Class R6 Shares |
Raymond James Omnibus for Mutual Funds Attention: Courtney Waller 880 Carillon Pkwy. St Petersburg, FL 33716-1102 |
- |
- |
- |
- |
7.77% |
- |
- |
State Street Bank and Trust as Cust. FBO ADP Access Product 1 Lincoln Stotech, Tech Ctr., Fl. 6 Boston, MA 02111 |
- |
- |
9.62% |
- |
- |
- |
- |
UBS WM USA Omni Acct. M/F Attn: Department Manager Spec. Cdy. A/C Excl. Ben. Cust UBSFSI 1000 Harbor Blvd. Weehawken, NJ 07086-6761 |
- |
- |
- |
- |
5.57% |
- |
- |
Voya Ret. Ins. & Annuity Co.One Orange Way, B3NWindsor, CT 06095-4773 |
- |
- |
9.08% |
- |
- |
- |
- |
Wells Fargo Clearing Services LLC Special Custody Acct. For the Exclusive Benefit of Customer 2801 Market St. Saint Louis, MO 63103-2523 |
6.14% |
- |
- |
- |
- |
- |
- |
Name and Address of Principal Holder |
|
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Investor Class Shares |
Class R5 Shares |
Class R6 Shares | |
American Enterprise Investment Service 707 2nd Avenue S Minneapolis, MN 55402-2405 |
- |
8.97% |
- |
8.98% |
- |
- |
- | |
BNY Mellon Investment Servicing Inc. FBO Primerica Financial Services 760 Moore Rd. King of Prussia, PA 19406- 1212 |
8.90% |
- |
- |
- |
- |
- |
- | |
Charles Schwab & Company Inc. Special Custody Account FBO Customers Attn: Mutual Funds 211 Main Street San Francisco, CA 94105- 1905 |
- |
- |
- |
- |
10.25% |
- |
- |
Name and Address of Principal Holder |
|
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Investor Class Shares |
Class R5 Shares |
Class R6 Shares | |
DCGT Trustee and/or Custodian FBO PLIC Various Retirement Plans Omnibus Attn: NPIO Trade Desk 711 High St. Des Moines, IA 50392-0001 |
- |
- |
6.93% |
- |
- |
- |
- | |
Edward D. Jones & Co. For the Benefit of Customers 12555 Manchester Rd. St. Louis, MO 63131-3710 |
27.31% |
13.36% |
- |
- |
- |
- |
43.79% | |
LPL Financial Omnibus Customer Account Attn: Mutual Fund Trading 4707 Executive Dr. San Diego, CA 92121-3091 |
- |
8.38% |
- |
8.90% |
- |
- |
- | |
Mac & Co. Mutual Fund Operations 525 William Penn Place P. O. Box 3198 Pittsburgh, PA 15230-3198 |
- |
- |
- |
- |
- |
- |
7.48% | |
Merrill Lynch Pierce Fenner & Smith FBO The Sole Benefit of Customers Attn: Fund Administration 4800 Deer Lake Dr East, 2nd Floor Jacksonville, FL 32246-6484 |
5.24% |
- |
- |
5.21% |
- |
7.72% |
- | |
Morgan Stanley Smith Barney LLC For Exclusive Benefit of Customers 1 New York Plaza, Floor 12 New York, NY 10004-1932 |
16.48% |
10.91% |
- |
10.50% |
- |
- |
- | |
National Financial Services LLC FEBO Customers Mutual Funds 499 Washington Blvd., Fl. 5 Fl. 4 Jersey City, NJ 07310-2010 |
5.13% |
7.14% |
- |
14.49% |
14.89% |
64.48% |
20.64% | |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399-0001 |
- |
9.78% |
- |
8.41% |
- |
- |
- | |
Raymond James Omnibus for Mutual Funds Attn: Courtney Waller 880 Carillon Pkwy. St. Petersburg, FL 33716- 1102 |
- |
- |
- |
5.15% |
- |
- |
- |
Name and Address of Principal Holder |
|
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Investor Class Shares |
Class R5 Shares |
Class R6 Shares | |
State Street Bank and Trust as Cust. FBO ADP Access Product 1 Lincoln Stotech Ctr., Fl. 6 Boston, MA 02111 |
- |
- |
26.02% |
- |
- |
- |
- | |
Talcott Resolution Life Ins. Co. P.O. Box 5051 Hartford, CT 06102-5051 |
- |
- |
19.33% |
- |
- |
- |
- | |
Vantage Trust Unitized c/o ICMA Retirement Corporation 777 North Capitol Street NE Washington, DC 20002-4239 |
- |
- |
- |
9.34% |
- |
- |
- | |
Voya Ret. Ins. & Annuity Co. One Orange Way B3N Windsor, CT 06095-4773 |
- |
- |
10.13% |
- |
- |
- |
- | |
Wells Fargo Clearing Services LLC Special Custody Acct. for the Exclusive Benefit of Customer 2801 Market St. Saint Louis, MO 63103-2523 |
- |
10.79% |
- |
- |
- |
- |
- |
Name and Address of Principal Holder |
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Investor Shares |
Class R5 Shares |
Class R6 Shares |
American Enterprise Investment Service 707 2nd Avenue S Minneapolis, MN 55402-2405 |
- |
- |
- |
9.10% |
- |
- |
- |
Hartford Life Insurance Co. Separate Account Attn: UIT Operations P.O. Box 2999 Hartford, CT 06104-2999 |
- |
- |
19.34% |
- |
- |
- |
- |
Invesco Advisers, Inc. Attn: Corporate Controller 1555 Peachtree St. NE Suite 1800 Atlanta, GA 30309-2499 |
- |
- |
- |
- |
- |
99.29% |
7.85% |
J.P. Morgan Securities LLC For the Exclusive Benefit of Our Customers 4 Chase Metrotech Ctr. Brooklyn, NY 11245-0001 |
- |
- |
- |
- |
- |
- |
26.51% |
LPL Financial Omnibus Customer Account Attn: Lindsay O’Toole 4707 Executive Dr. San Diego, CA 92121-3091 |
- |
- |
- |
6.89% |
- |
- |
- |
Name and Address of Principal Holder |
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Investor Shares |
Class R5 Shares |
Class R6 Shares |
National Financial Services LLC For Exclusive Benefit of Customers 200 Liberty Street One World Financial Center Attn: Mutual Funds, 5th Floor New York, NY 10281-1003 |
6.09% |
- |
- |
20.17% |
- |
- |
- |
PAI Trustco Inc. Medical Trust Supplies Inc 401k 1300 Enterprise Drive De Pere, WI 54115-4934 |
- |
- |
- |
- |
- |
- |
11.55% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399-0001 |
5.57% |
- |
- |
17.62% |
- |
- |
|
Pershing LLC P.O. Box 2052 Jersey City, NJ 07303-2052 |
- |
- |
- |
- |
- |
- |
54.09% |
Name and Address of Principal Holder |
|
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Class R5 Shares |
Class R6 Shares |
Investor Shares | |
Edward D. Jones & Co. FBO Customers 12555 Manchester Road St. Louis, MO 63131-3710 |
5.21% |
- |
- |
- |
- |
71.98% |
- | |
Invesco Advisers Inc. Attn: Corporate Controller 1555 Peachtree Street NE Suite 1800 Atlanta, GA 30309-2499 |
- |
- |
- |
- |
100.00%* |
- |
- | |
Merrill Lynch Pierce Fenner & Smith For the Sole Benefit of its Customers Attn: Fund Admin 4800 Deer Lake Dr E Fl. 3 Jacksonville, FL 32246-6484 |
- |
- |
- |
5.11% |
- |
- |
- | |
National Financial Services LLC For Exclusive Benefit of Customers 200 Liberty Street One World Financial Center Attn: Mutual Funds 5th Floor New York, NY 10281-1003 |
5.23% |
- |
- |
9.86% |
- |
- |
- | |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399-0001 |
5.37% |
- |
- |
11.14% |
- |
- |
- | |
Private College 529 Trust Plan Attn: OFIPI P. O. Box 5268 Denver, CO 80217-5268 |
- |
- |
- |
- |
- |
- |
- |
Name and Address of Principal Holder |
|
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Class R5 Shares |
Class R6 Shares |
Investor Shares | |
Raymond James Omnibus for Mutual Funds House A/C Attn: Courtney Waller 880 Carillon Parkway St. Petersburg, FL 33716-1102 |
- |
- |
- |
6.20% |
- |
- |
- | |
Reliance Trust Company FBO MassMutual Registered Product P. O. Box 78446 Atlanta, GA 30357-2446 |
- |
- |
- |
- |
- |
5.42% |
- | |
Vantage Trust – Unitized CO ICMA Ret Corp 777 N. Capitol Street NE Washington DC 20002-4239 |
- |
- |
- |
30.81% |
- |
- |
- | |
Voya Ret Ins & Annuity Co. Attn: Fund Operations 1 Orange Way Windsor, CT 06095-4773 |
- |
- |
- |
- |
- |
8.45% |
- | |
Voya Institutional Trust Co. Attn: Fund Operations1 Orange Way Windsor, CT 06095-4773 |
- |
- |
5.45% |
- |
- |
- |
- | |
Wells Fargo Clearing Services LLC Special Custody A/C for the Exclusive FBO Customer 2801 Market Street St. Louis, MO 63103-2523 |
- |
- |
- |
6.48% |
- |
- |
- |
Name and Address of Principal Holder |
Percentage Owned of Record | |||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Class R5 Shares |
Class R6 Shares |
Edward D. Jones & Co. For the Benefit of Customers 12555 Manchester Rd. Saint Louis, MO 63131-3710 |
11.68% |
- |
- |
- |
- |
35.19% |
Invesco Advisers, Inc. Attn: Corporate Controller 1555 Peachtree St. NE Suite 1800 Atlanta, GA 30309-2499 |
- |
- |
- |
- |
100.00%* |
- |
LPL Financial Omnibus Customer Account Attn: Lindsay O’Toole 4707 Executive Dr. San Diego, CA 92121-3091 |
- |
- |
- |
8.62% |
- |
- |
Name and Address of Principal Holder |
Percentage Owned of Record | |||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class Y Shares |
Class R5 Shares |
Class R6 Shares |
Merrill Lynch Pierce Fenner & Smith for the Sole Benefit of Its Customers Attn: Fund Admin. 4800 Deer Lake Dr. E, Floor 3 Jacksonville, FL 32246-6484 |
- |
- |
- |
28.85% |
- |
17.03% |
National Financial Services LLC For Exclusive Benefit of Customers 200 Liberty Street One World Financial Center Attn: Mutual Funds, 5th Floor New York, NY 10281-1003 |
6.90% |
- |
- |
17.07% |
- |
15.70% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399-0001 |
5.22% |
- |
- |
9.09% |
-* |
- |
Special Custody A/C EBOC UBSFSI Omni Account M/FAttn: Department Manager 1000 Harbor Blvd. Weehawken, NJ 07086-6761 |
- |
- |
- |
5.77% |
- |
- |
Wells Fargo Clearing Services LLC Special Custody Acct. for the Exclusive Benefit of Customer 2801 Market St. Saint Louis, MO 63103-2523 |
- |
- |
- |
5.05% |
- |
- |
Name and Address of Principal Holder |
|
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class S Shares |
Class Y Shares |
Class R5 Shares |
Class R6 Shares | |
American Enterprise Investment Service 707 2nd Avenue S Minneapolis, MN 55402-2405 |
- |
9.62% |
- |
- |
- |
- |
- | |
BNY Mellon Investment Servicing Inc. FBO Primerica Financial Services 760 Moore Rd. King of Prussia, PA 19406-1212 |
17.10% |
- |
- |
- |
- |
- |
- | |
Charles Schwab & Co., Inc. Special Custody Acct. FBO Customers ATTN: Mutual Funds 211 Main St. San Francisco, CA 94105-1905 |
- |
- |
- |
- |
9.66% |
- |
- | |
Charles Schwab & Co., Inc. 2 Special Custody Acct. FBO Customers Attn: Mutual Funds 211 Main St. San Francisco, CA 94105-1905 |
- |
- |
- |
- |
21.93% |
- |
- |
Name and Address of Principal Holder |
|
Percentage Owned of Record | ||||||
|
Class A Shares |
Class C Shares |
Class R Shares |
Class S Shares |
Class Y Shares |
Class R5 Shares |
Class R6 Shares | |
Edward D. Jones & Co. For the Benefit of Customers 12555 Manchester Rd. Saint Louis, MO 63131-3710 |
14.27% |
9.45% |
- |
- |
- |
- |
97.47% | |
ITC Customer Roth IRA FBO Albirio F. Madrid Aurora, CO |
- |
- |
- |
5.32% |
- |
- |
- | |
LPL Financial Omnibus Customer Account Attn: Mutual Fund Trading 4707 Executive Drive San Diego, CA 92121-3091 |
- |
12.14% |
- |
- |
- |
- |
- | |
National Financial Services LLC FEBO Customers Mutual Funds 499 Washington Blvd., FL 5 Jersey City, NJ 07310-2010 |
- |
- |
- |
- |
40.83% |
97.76% |
- | |
Wells Fargo Clearing Services LLC Special Custody Acct. for the Exclusive Benefit of Customer 2801 Market St. Saint Louis, MO 63103-2523 |
- |
5.67% |
- |
- |
- |
- |
- |
Fund |
2020 |
2019 |
2018 | ||||||
Management Fee Payable |
Management Fee Waivers |
Net Management Fee Paid |
Management Fee Payable |
Management Fee Waivers |
Net Management Fee Paid |
Management Fee Payable |
Management Fee Waivers |
Net Management Fee Paid | |
Invesco Charter Fund |
$18,942,400 |
$(38,763) |
$18,903,637 |
$19,886,882 |
$(46,910) |
$19,839,972 |
$22,521,966 |
$(373,926) |
$22,148,040 |
Invesco Diversified Dividend Fund |
64,567,258 |
(755,083) |
63,812,175 |
74,291,784 |
(1,140,044) |
73,151,740 |
86,910,039 |
(2,497,172) |
84,412,867 |
Invesco Summit Fund |
17,364,909 |
(5,323) |
17,359,586 |
14,467,533 |
(7,185) |
14,460,348 |
14,520,939 |
(4,167) |
14,516,772 |
Fund |
October 31, 2020 |
2 Months Ended October 31, 2019 |
August 31, 2019 |
August 31, 2018 | ||
Management Fee Payable |
Management Fee Waivers |
Net Management Fee Paid |
Management Fees Paid |
Management Fees Paid |
Management Fees Paid | |
Invesco Main Street Fund®* |
$40,088,640 |
$(98,274) |
$39,990,366 |
$6,966,135 |
$42,614,322 |
$45,949,640 |
|
|
|
|
|
|
|
*Prior to October 31, 2019, the fiscal year end of the Fund was August 31. |
Fund |
October 31, 2020 |
3 Months Ended October 31, 2019 |
July 31, 2019 |
July 31, 2018 | ||
|
Management Fee Payable |
Management Fee Waivers |
Net Management Fee Paid |
Management Fees Paid |
Management Fees Paid |
Management Fees Paid |
Invesco Main Street All Cap Fund®** |
$7,284,372 |
$(10,886) |
$7,273,486 |
$1,866,758 |
$7,666,930 |
$8,295,288 |
**Prior to October 31, 2019, the fiscal year end of the Fund was July 31. |
Fund |
October 31, 2020 |
October 31, 2019 |
October 31, 2018 | ||
Management Fee Payable |
Management Fee Waivers |
Net Management Fee Paid |
Management Fees Paid |
Management Fees Paid | |
Invesco Rising Dividends Fund |
$15,753,152 |
$(13,641) |
$15,739,511 |
$16,781,933 |
$18,861,396 |
Fund |
Portfolio Managers |
Dollar Range of Investments in the Fund |
Invesco Charter Fund |
Manind Govil |
$500,001 - $1,000,000 |
|
Paul Larson |
$100,001 - $500,000 |
|
Benjamin Ram |
None |
|
|
|
Invesco Diversified Dividend Fund |
Robert Botard |
$100,001 - $500,000 |
|
Caroline Le Feuvre |
$50,001 - $100,000 |
|
Chris McMeans |
$500,001 - $1,000,000 |
|
Meggan Walsh |
Over $1,000,000 |
|
|
|
Invesco Main Street All Cap Fund |
Joy Budzinski |
$100,001 - $500,000 |
|
Magnus Krantz |
$100,001 - $500,000 |
|
|
|
Invesco Rising Dividends Fund |
Belinda Cavazos |
None |
|
Manind Govil |
None |
|
Raman Vardharaj |
$100,001 - $500,000 |
|
|
|
Invesco Summit Fund |
Ido Cohen |
$500,001 - $1,000,000 |
|
Erik Voss |
$100,001 - $500,000 |
|
|
|
Portfolio Manager(s) |
Other Registered Investment Companies Managed |
Other Pooled Investment Vehicles Managed |
Other Accounts Managed | |||
|
Number of Accounts |
Assets (in millions) |
Number of Accounts |
Assets (in millions) |
Number of Accounts |
Assets (in millions) |
Invesco Charter Fund | ||||||
Manind Govil |
9 |
$16,119.1 |
1 |
$87.7 |
11 |
$0.21 |
Paul Larson |
7 |
$13,380.1 |
1 |
$87.7 |
11 |
$0.21 |
Portfolio Manager(s) |
Other Registered Investment Companies Managed |
Other Pooled Investment Vehicles Managed |
Other Accounts Managed | |||
Benjamin Ram |
7 |
$13,380.1 |
1 |
$87.7 |
11 |
$0.21 |
|
|
|
|
|
|
|
Invesco Diversified Dividend Fund | ||||||
Robert Botard |
4 |
$4,976.0 |
1 |
$149.8 |
1,1311 |
$247.81 |
Caroline Le Feuvre |
2 |
$3,837.3 |
None |
None |
1,1311 |
$247.81 |
Chris McMeans |
4 |
$4,976.0 |
1 |
$149.8 |
1,1311 |
$247.81 |
Meggan Walsh |
4 |
$4,976.0 |
4 |
$248.2 |
1,1311 |
$247.81 |
|
|
|
|
|
|
|
Invesco Main Street All Cap Fund | ||||||
Joy Budzinski |
7 |
$4,777.5 |
1 |
$93.7 |
541 |
$40.91 |
Magnus Krantz |
8 |
$4,965.4 |
1 |
$93.7 |
541 |
$40.91 |
|
|
|
|
|
|
|
Invesco Rising Dividends Fund | ||||||
Belinda Cavazos |
3 |
$2,684.6 |
None |
None |
None |
None |
Manind Govil |
9 |
$16,544.2 |
1 |
$87.7 |
11 |
$0.21 |
Raman Vardharaj |
7 |
$4,976.0 |
1 |
$93.7 |
541 |
$40.91 |
|
|
|
|
|
|
|
Invesco Summit Fund | ||||||
Ido Cohen |
4 |
$19,510.4 |
3 |
$3,637.9 |
None |
None |
Erik Voss |
6 |
$21,136.7 |
2 |
$963.4 |
None |
None |
Sub-Adviser |
Performance time period2 |
Invesco3 |
One-, Three- and Five-year performance against Fund peer group |
Invesco Deutschland | |
Invesco Hong Kong3 | |
Invesco Asset Management | |
Invesco India | |
Invesco Listed Real Assets Division3 | |
Invesco Senior Secured3, 4 |
Not applicable |
Invesco Capital3, 5 | |
Invesco Canada3 |
One-year performance against Fund peer group and three- and five-year performance against entire universe of Canadian funds |
Sub-Adviser |
Performance time period2 |
Invesco Japan6 |
One-, Three- and Five-year performance |
| |
2 Rolling time periods based on calendar year-end. | |
3 Portfolio Managers may be granted an annual deferral award that vests on a pro-rata basis over a four-year period. | |
4 Invesco Senior Secured’s bonus is based on annual measures of equity return and standard tests of collateralization performance. | |
5 Portfolio Managers for Invesco Capital base their bonus on Invesco results as well as overall performance of Invesco Capital. | |
6 Portfolio Managers for Invesco Pacific Growth Fund’s compensation is based on the one-, three- and five-year performance against the appropriate Micropol benchmark. |
Fund Name |
2020 |
2019 |
2018 |
Invesco Charter Fund |
$ 437,939 |
$ 473,695 |
$ 590,079 |
Invesco Diversified Dividend Fund |
2,431,957 |
2,430,271 |
1,165,921 |
Invesco Rising Dividends Fund |
385,259 |
171,992 |
N/A |
Invesco Summit Fund |
390,096 |
348,499 |
478,807 |
Fund Name |
2020 |
3-Months Ended October 31, 2019 |
July 31, 2019 |
July 31, 2018 |
Invesco Main Street All Cap Fund®* |
$ 159,026 |
$ 40,315 |
$ 13,745 |
$ N/A |
|
|
|
|
|
*Effective October 31, 2019, the Fund changed its fiscal year end from July 31 to October 31. | ||||
|
Fund Name |
2020 |
2-Months Ended October 31, 2019 |
August 31, 2019 |
August 31, 2018 |
Invesco Main Street Fund®** |
$ 1,303,350 |
$ 225,459 |
$ 350,904 |
$ N/A |
|
|
|
|
|
**Effective October 31, 2019, the Fund changed its fiscal year end from August 31 to October 31. | ||||
|
|
Total $ Amount of Brokerage Commissions Paid1 |
Total $ Amount of Brokerage Commissions Paid to Affiliated Brokers |
% of Total Brokerage Commissions Paid to the Affiliated Brokers |
% of Total Transaction Dollars Effected Through Affiliated Brokers | ||||
|
2020 |
2019 |
2018 |
2020 |
2019 |
2018 |
2020 |
2020 |
Invesco Charter Fund2 |
$2,622,090 |
$1,562,092 |
$2,344,128 |
$3,816 |
$3,607 |
$2,599 |
0.15% |
0.51% |
Invesco Diversified Dividend Fund |
$3,701,911 |
$1,835,513 |
$2,012,484 |
$51,636 |
$37,559 |
$4,159 |
1.39% |
0.58% |
Invesco Summit Fund2 |
$1,370,180 |
$476,161 |
$628,148 |
$27,393 |
$15,398 |
$21,596 |
2.00% |
5.30% |
|
|
|
|
|
|
|
|
|
1 Disclosure regarding brokerage commissions is limited to commissions paid on agency trades and designated as such on the trade confirm. | ||||||||
2 The variation in brokerage commissions paid by Invesco Charter Fund is attributable to portfolio transitioning that continued into first quarter 2020 due to portfolio manager change in 2019. |
|
Total $ Amount of Brokerage Commissions Paid* |
Total $ Amount of Brokerage Commissions Paid to Affiliated Brokers |
% of Total Brokerage Commissions Paid to the Affiliated Brokers |
% of Total Transaction Dollars Effected Through Affiliated Brokers | |||||
Fund Name |
October 31, 2020 |
3-Months Ended October 31, 2019 |
July 31, 2019 |
July 31, 2018 |
2020 |
2019 |
2018 |
2020 |
2020 |
Invesco Main Street All Cap Fund®** |
$273,116 |
$3,367,412 |
$493,784 |
$630,024 |
$2,998 |
$- |
$- |
1.10% |
2.98% |
** Effective October 31, 2019, the Fund changed its fiscal year end from July 31 to October 31. |
|
|
|
| |||||
|
|
|
|
|
|
|
|
|
|
|
Total $ Amount of Brokerage Commissions Paid* |
Total $ Amount of Brokerage Commissions Paid to Affiliated Brokers |
% of Total Brokerage Commissions Paid to the Affiliated Brokers |
% of Total Transaction Dollars Effected Through Affiliated Brokers | |||||
Fund Name |
October 31, 2020 |
2-Months Ended October 31, 2019 |
August 31, 2019 |
August 31, 2018 |
2020 |
2019 |
2018 |
2020 |
2020 |
Invesco Main Street®*** |
$3,349,958 |
$458,327 |
$3,541,104 |
$4,428,834 |
$405 |
$- |
$- |
0.01% |
0.10% |
*** Effective October 31, 2019, the Fund changed its fiscal year end from August 31 to October 31. |
|
|
|
| |||||
|
|
|
|
Total $ Amount of Brokerage Commissions Paid* |
Total $ Amount of Brokerage Commissions Paid to Affiliated Brokers |
% of Total Brokerage Commissions Paid to the Affiliated Brokers |
% of Total Transaction Dollars Effected Through Affiliated Brokers | ||||
Fund Name |
October 31, 2020 |
October 31, 2019 |
October 31, 2018 |
2020 |
2019 |
2018 |
2020 |
2020 |
Invesco Rising Dividends Fund**** |
$1,027,195 |
$733,410 |
$1,833,040 |
$2,525 |
$- |
$- |
0.25% |
0.49% |
****The variation in brokerage commissions paid by Invesco Rising Dividends Fund is attributable to the addition of a new portfolio manager. |
|
Fund |
Transactions |
Related Brokerage Commissions1 |
Invesco Charter Fund |
$ 6,970,150,464 |
$ 2,453,996 |
Invesco Diversified Dividend Fund |
7,783,165,234 |
3,372,682 |
Invesco Main Street All Cap Fund® |
828,312,088 |
263,356 |
Invesco Main Street Fund® |
8,307,055,166 |
3,204,910 |
Invesco Rising Dividends Fund |
1,952,139,919 |
855,983 |
Invesco Summit Fund |
2,730,117,435 |
1,264,013 |
|
|
|
1 Amounts reported are inclusive of commissions paid to, and brokerage transactions placed with, certain brokers that provide execution, research and other services. |
Category I Funds | |
Invesco Advantage International Fund |
Invesco International Core Equity Fund |
Invesco American Franchise Fund |
Invesco International Growth Fund |
Invesco American Value Fund |
Invesco International Select Equity Fund |
Invesco Asia Pacific Growth Fund |
Invesco International Small Company Fund |
Invesco Balanced-Risk Allocation Fund |
Invesco International Small-Mid Company Fund |
Invesco Balanced-Risk Commodity Strategy Fund |
Invesco Low Volatility Equity Yield Fund |
Invesco Capital Appreciation Fund |
Invesco Macro Allocation Strategy Fund |
Invesco Charter Fund |
Invesco Main Street All Cap Fund |
Invesco Comstock Fund |
Invesco Main Street Fund |
Invesco Comstock Select Fund |
Invesco Main Street Mid-Cap Fund |
Invesco Convertible Securities Fund |
Invesco Main Street Small Cap Fund |
Invesco Developing Markets Fund |
Invesco Multi-Asset Income Fund |
Invesco Discovery Fund |
Invesco MSCI World SRI Index Fund |
Invesco Discovery Mid Cap Growth Fund |
Invesco Oppenheimer International Growth Fund |
Invesco Diversified Dividend Fund |
Invesco Pacific Growth Fund |
Invesco Dividend Income Fund |
Invesco Peak Retirement™ 2015 Fund |
Invesco Emerging Markets All Cap Fund |
Invesco Peak Retirement™ 2020 Fund |
Invesco Emerging Markets Innovators Fund |
Invesco Peak Retirement™ 2025 Fund |
Invesco Emerging Markets Select Equity Fund |
Invesco Peak Retirement™ 2030 Fund |
Invesco Endeavor Fund |
Invesco Peak Retirement™ 2035 Fund |
Invesco Energy Fund |
Invesco Peak Retirement™ 2040 Fund |
Invesco Equally-Weighted S&P 500 Fund |
Invesco Peak Retirement™ 2045 Fund |
Invesco Equity and Income Fund |
Invesco Peak Retirement™ 2050 Fund |
Invesco European Growth Fund |
Invesco Peak Retirement™ 2055 Fund |
Invesco European Small Company Fund |
Invesco Peak Retirement™ 2060 Fund |
Invesco Fundamental Alternatives Fund |
Invesco Peak Retirement™ 2065 Fund |
Invesco Global Allocation Fund |
Invesco Peak Retirement™ Now Fund |
Invesco Global Core Equity Fund |
Invesco Real Estate Fund |
Invesco Global Focus Fund |
Invesco Rising Dividends Fund |
Invesco Global Fund |
Invesco S&P 500 Index Fund |
Invesco Global Growth Fund |
Invesco Select Companies Fund |
Invesco Global Infrastructure Fund |
Invesco Small Cap Equity Fund |
Invesco Global Low Volatility Equity Yield Fund |
Invesco Small Cap Growth Fund |
Invesco Global Real Estate Fund |
Invesco Small Cap Value Fund |
Invesco Global Real Estate Income Fund |
Invesco SteelPath MLP Alpha Fund |
Invesco Global Targeted Returns Fund |
Invesco Steelpath MLP Alpha Plus Fund |
Invesco Gold & Special Minerals Fund |
Invesco SteelPath MLP Income Fund |
Invesco Greater China Fund |
Invesco SteelPath MLP Select 40 Fund |
Invesco Growth and Income Fund |
Invesco Summit Fund |
Invesco Health Care Fund |
Invesco Technology Fund |
Invesco International Diversified Fund |
Invesco Value Opportunities Fund |
Invesco International Equity Fund |
|
Amount of Investment |
Investor’s Sales Charge |
Dealer Concession | |
|
As a Percentage of the Public Offering Price |
As a Percentage of the Net Amount Invested |
As a Percentage of the Net Amount Invested |
Less than $50,000 |
5.50% |
5.82% |
5.00% |
$50,000 but less than $100,000 |
4.50% |
4.71% |
4.00% |
$100,000 but less than $250,000 |
3.50% |
3.63% |
3.00% I |
$250,000 but less than $500,000 |
2.75% |
2.83% |
2.25% |
$500,000 but less than $1,000,000 |
2.00% |
2.04% |
1.75% |
Category II Funds | |
Invesco AMT-Free Municipal Income Fund |
Invesco Income Fund |
Invesco California Municipal Fund |
Invesco Intermediate Bond Factor Fund |
Invesco Core Bond Fund |
Invesco International Bond Fund |
Invesco Core Plus Bond Fund |
Invesco Municipal Income Fund |
Invesco Corporate Bond Fund |
Invesco New Jersey Municipal Fund |
Invesco Emerging Markets Local Debt Fund |
Invesco Pennsylvania Municipal Fund |
Invesco Environmental Focus Municipal Fund |
Invesco Quality Income Fund |
Invesco Global Strategic Income Fund |
Invesco Rochester AMT-Free New York Municipal Fund |
Invesco High Yield Bond Factor Fund |
Invesco Rochester Municipal Opportunities Fund |
Invesco High Yield Fund |
Invesco Rochester New York Municipals Fund |
Invesco High Yield Municipal Fund |
Invesco World Bond Factor Fund |
Amount of Investment |
Investor’s Sales Charge |
Dealer Concession | |
|
As a Percentage of the Public Offering Price |
As a Percentage of the Net Amount Invested |
As a Percentage of the Net Amount Invested |
Less than $100,000 |
4.25% |
4.44% |
4.00% |
$100,000 but less than $250,000 |
3.50% |
3.63% |
3.25% |
$250,000 but less than $500,000 |
2.50% |
2.56% |
2.25% |
$500,000 but less than $1,000,000 |
2.00% |
2.04% |
1.75% |
Category III Funds | |
Invesco Short Duration Inflation Protected Fund (Class A2 shares) |
|
Invesco Limited Term Municipal Income Fund (Class A2 shares) |
|
Amount of Investment |
Investor’s Sales Charge |
Dealer Concession | |
|
As a Percentage of the Public Offering Price |
As a Percentage of the Net Amount Invested |
As a Percentage of the Net Amount Invested |
Less than $100,000 |
1.00% |
1.01% |
0.75% |
$100,000 but less than $250,000 |
0.75% |
0.76% |
0.50% |
$250,000 but less than $1,000,000 |
0.50% |
0.50% |
0.40% |
Category IV Funds | |
Invesco Floating Rate ESG Fund |
Invesco Rochester Limited Term New York Municipal Fund |
Invesco Intermediate Term Municipal Income Fund |
Invesco Short Duration High Yield Municipal Fund |
Invesco Limited Term California Municipal Fund |
Invesco Short Duration Inflation Protected Fund (Class A shares) |
Invesco Limited Term Municipal Income Fund (Class A shares) |
Invesco Short Term Bond Fund |
Amount of Investment |
Investor’s Sales Charge |
Dealer Concession | |
|
As a Percentage of the Public Offering Price |
As a Percentage of the Net Amount Invested |
As a Percentage of the Net Amount Invested |
Less than $100,000 |
2.50% |
2.56% |
2.00% |
$100,000 but less than $250,000 |
1.75% |
1.78% |
1.50% |
Category V Funds | |
Invesco Senior Floating Rate Fund |
|
Invesco Senior Floating Rate Plus Fund |
|
Amount of Investment |
Investor’s Sales Charge |
Dealer Concession | |
|
As a Percentage of the Public Offering Price |
As a Percentage of the Net Amount Invested |
As a Percentage of the Net Amount Invested |
Less than $100,000 |
3.25% |
3.36% |
3.00% |
$100,000 but less than $250,000 |
2.75% |
2.83% |
2.50% |
$250,000 but less than $500,000 |
1.75% |
1.78% |
1.50% |
$500,000 but less than $1,000,000 |
1.25% |
1.27% |
1.25% |
Category VI Funds | |
Invesco Active Allocation Fund |
Invesco Select Risk: Growth Investor Fund |
Invesco Income Allocation Fund |
Invesco Select Risk: High Growth Investor Fund |
Invesco Select Risk: Conservative Investor Fund |
Invesco Select Risk: Moderate Investor Fund |
Invesco Select Risk: Moderately Conservative Investor Fund |
|
Amount of Investment |
Investor’s Sales Charge |
Dealer Concession | |
|
As a Percentage of the Public Offering Price |
As a Percentage of the Net Amount Invested |
As a Percentage of the Net Amount Invested |
Less than $50,000 |
5.50% |
5.82% |
5.00% |
$50,000 but less than $100,000 |
4.50% |
4.71% |
4.00% |
$100,000 but less than $250,000 |
3.50% |
3.63% |
3.00% |
Fund Name |
2020 |
2019 |
2018 | |||
|
Sales Charges |
Amount Retained |
Sales Charges |
Amount Retained |
Sales Charges |
Amount Retained |
Invesco Charter Fund |
$661,756 |
$110,943 |
$715,482 |
$108,270 |
$890,559 |
$153,308 |
Invesco Diversified Dividend Fund |
4,284,853 |
528,079 |
4,932,676 |
598,103 |
5,831,190 |
719,425 |
Invesco Summit Fund |
1,173,758 |
152,257 |
809,228 |
109,604 |
682,986 |
85,650 |
Fund Name |
2020 |
2019 |
2018 |
Invesco Charter Fund |
$ 1,508 |
$ 2,705 |
$ 8,552 |
Invesco Diversified Dividend Fund |
38,204 |
49,395 |
167,555 |
Invesco Summit Fund |
2,674 |
2,642 |
806 |
Fund Name |
Aggregate Front-End Sales Charges on Class A Shares |
Class A Front-End Sales Charges Retained by Distributor* | ||||||
|
October 31, 2020 |
2-Months Ended October 31, 2019 |
August 31, 2019 |
August 31, 2018 |
October 31, 2020 |
2-Months Ended October 31, 2019 |
August 31, 2019 |
August 31, 2018 |
Invesco Main Street Fund®** |
$4,081,669 |
$634,090 |
$3,678,993 |
$4,116,792 |
$704,723 |
$117,915 |
$879,980 |
$1,135,530 |
|
|
|
|
|
|
|
|
|
*Includes amounts retained by a broker-dealer that is an affiliate or a parent of the predecessor funds’ distributor. |
| |||||||
**Prior to October 31, 2019, the fiscal year end of the Fund was August 31. |
|
Fund Name |
Aggregate Front-End Sales Charges on Class A Shares |
Class A Front-End Sales Charges Retained by Distributor* | ||||||
|
October 31, 2020 |
3-Months Ended October 31, 2019 |
July 31, 2019 |
July 31, 2018 |
October 31, 2020 |
3-Months Ended October 31, 2019 |
July 31, 2019 |
July 31, 2018 |
Invesco Main Street All Cap Fund®** |
$493,652 |
$109,706 |
$524,886 |
$516,417 |
$77,415 |
$17,549 |
$135,465 |
$154,656 |
|
|
|
|
|
|
|
|
|
*Includes amounts retained by a broker-dealer that is an affiliate or a parent of the predecessor funds’ distributor. |
| |||||||
**Prior to October 31, 2019, the fiscal year end of the Fund was July 31. |
|
Fund Name |
Aggregate Front-End Sales Charges on Class A Shares |
Class A Front-End Sales Charges Retained by Distributor* | ||||
|
October 31, 2020 |
October 31, 2019 |
October 31, 2018 |
October 31, 2020 |
October 31, 2019 |
October 31, 2018 |
Invesco Rising Dividends Fund |
$1,579,642 |
$1,655,478 |
$1,799,172 |
$240,209 |
$360,851 |
$457,613 |
|
|
|
|
|
|
|
*Includes amounts retained by a broker-dealer that is an affiliate or a parent of the predecessor funds’ distributor. | ||||||
|
Fund Name |
Class A Contingent Deferred Sales Charges Retained by Distributor |
Class C Contingent Deferred Sales Charges Retained by Distributor |
Class R Contingent Deferred Sales Charges Retained by Distributor | |||||||||
October 31, 2020 |
2-Months Ended October 31, 2019 |
August 31, 2019 |
August 31, 2018 |
October 31, 2020 |
2-Months Ended October 31, 2019 |
August 31, 2019 |
August 31, 2018 |
October 31, 2020 |
2-Months Ended October 31, 2019 |
August 31, 2019 |
August 31, 2018 | |
Invesco Main Street Fund®* |
$9,427 |
$169 |
$6,283 |
$4,859 |
$9,556 |
$1,763 |
$25,635 |
$37,173 |
$0 |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
* Prior to October 31, 2019, the fiscal year of the Fund was August 31. |
|
|
|
|
|
Fund Name |
Class A Contingent Deferred Sales Charges Retained by Distributor |
Class C Contingent Deferred Sales Charges Retained by Distributor |
Class R Contingent Deferred Sales Charges Retained by Distributor | |||||||||
October 31, 2020 |
3-Months Ended October 31, 2019 |
July 31, 2019 |
July 31, 2018 |
October 31, 2020 |
3-Months Ended October 31, 2019 |
July 31, 2019 |
July 31, 2018 |
October 31, 2020 |
3-Months Ended October 31, 2019 |
July 31, 2019 |
July 31, 2018 | |
Invesco Main Street All Cap Fund®* |
$1,099 |
$0 |
$1,612 |
$0 |
$1,237 |
$1,106 |
$5,217 |
$5,029 |
$0 |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
* Prior to October 31, 2019, the fiscal year of the Fund was July 31. |
|
|
|
|
|
Fund Name |
Class A Contingent Deferred Sales Charges Retained by Distributor |
Class C Contingent Deferred Sales Charges Retained by Distributor | ||||
|
October 31, 2020 |
October 31, 2019 |
October 31, 2018 |
October 31, 2020 |
October 31, 2019 |
October 31, 2018 |
Invesco Rising Dividends Fund |
$2,854 |
$2,360 |
$2,826 |
$11,215 |
$19,837 |
$23,266 |
Fund |
Class A Shares |
Class C Shares |
Class P Shares |
Class R Shares |
Class S Shares |
Class Y Shares |
Investor Class Shares |
Class R5 Shares |
Class R6 Shares |
Invesco Charter Fund |
$7,167,383 |
$359,472 |
$ N/A |
$89,611 |
$25,267 |
$ N/A |
$ N/A |
$ N/A |
$ N/A |
Invesco Diversified Dividend Fund |
10,200,332 |
3,776,827 |
N/A |
1,037,830 |
N/A |
N/A |
2,990,759 |
N/A |
N/A |
Invesco Main Street All Cap Fund® |
2,279,135 |
645,898 |
N/A |
256,132 |
N/A |
N/A |
N/A |
N/A |
N/A |
Invesco Main Street Fund® |
17,081,650 |
3,242,128 |
N/A |
1,098,610 |
N/A |
N/A |
N/A |
N/A |
N/A |
Invesco Rising Dividends Fund |
4,955,605 |
2,832,213 |
N/A |
493,623 |
N/A |
N/A |
N/A |
N/A |
N/A |
Invesco Summit Fund |
567,968 |
195,189 |
2,441,150 |
N/A |
6,013 |
N/A |
N/A |
N/A |
N/A |
|
Advertising |
Printing & Mailing |
Seminars |
Underwriters Compensation |
Dealers Compensation |
Personnel |
Travel Relating to Marketing |
Annual Report Total |
Invesco Charter Fund |
$0 |
$0 |
$ |
$ |
$ 7,167,383 |
$0 |
$0 |
$ 7,167,383 |
Invesco Diversified Dividend Fund |
0 |
0 |
0 |
0 |
10,200,332 |
0 |
0 |
10,200,332 |
Invesco Main Street All Cap Fund® |
0 |
0 |
0 |
0 |
2,279,135 |
0 |
0 |
2,279,135 |
Invesco Main Street Fund® |
0 |
0 |
0 |
0 |
17,081,650 |
0 |
0 |
17,081,650 |
Invesco Rising Dividends Fund |
0 |
0 |
0 |
0 |
4,955,605 |
0 |
0 |
4,955,605 |
Invesco Summit Fund |
0 |
0 |
0 |
0 |
567,968 |
0 |
0 |
567,968 |
|
Advertising |
Printing & Mailing |
Seminars |
Underwriters Compensation |
Dealers Compensation |
Personnel |
Travel Relating to Marketing |
Annual Report Total |
Invesco Charter Fund |
$286 |
$211 |
$63 |
$27,230 |
$328,253 |
$3,419 |
$10 |
$359,472 |
Invesco Diversified Dividend Fund |
1,728 |
1,276 |
379 |
164,292 |
3,588,465 |
20,630 |
58 |
3,776,827 |
Invesco Main Street All Cap Fund® |
484 |
358 |
106 |
46,020 |
593,135 |
5,779 |
16 |
645,898 |
Invesco Main Street Fund® |
2,583 |
1,907 |
567 |
245,591 |
2,960,555 |
30,838 |
87 |
3,242,128 |
Invesco Rising Dividends Fund |
1,608 |
1,188 |
353 |
152,939 |
2,656,867 |
19,204 |
54 |
2,832,213 |
Invesco Summit Fund |
214 |
158 |
47 |
20,348 |
171,860 |
2,555 |
7 |
195,189 |
|
Advertising |
Printing & Mailing |
Seminars |
Underwriters Compensation |
Dealers Compensation |
Personnel |
Travel Relating to Marketing |
Annual Report Total |
Invesco Charter Fund |
$98 |
$72 |
$21 |
$3,092 |
$85,160 |
$1,165 |
$3 |
$89,611 |
Invesco Diversified Dividend Fund |
737 |
544 |
162 |
23,351 |
1,004,215 |
8,796 |
25 |
1,037,830 |
Invesco Main Street All Cap Fund® |
420 |
310 |
92 |
13,319 |
236,960 |
5,017 |
14 |
256,132 |
Invesco Main Street Fund® |
1,265 |
934 |
278 |
40,099 |
1,040,886 |
15,105 |
43 |
1,098,610 |
Invesco Rising Dividends Fund |
934 |
690 |
205 |
29,617 |
450,989 |
11,157 |
31 |
493,623 |
|
Advertising |
Printing & Mailing |
Seminars |
Underwriters Compensation |
Dealers Compensation |
Personnel |
Travel Relating to Marketing |
Annual Report Total |
Invesco Diversified Dividend Fund |
47,083 |
34,768 |
10,334 |
0 |
2,334,807 |
562,183 |
1,584 |
2,990,759 |
|
Advertising |
Printing & Mailing |
Seminars |
Underwriters Compensation |
Dealers Compensation |
Personnel |
Travel Relating to Marketing |
Annual Report Total |
Invesco Summit Fund |
1,524 |
443 |
157 |
0 |
2,428,780 |
9,686 |
560 |
2,441,150 |
|
Advertising |
Printing & Mailing |
Seminars |
Underwriters Compensation |
Dealers Compensation |
Personnel |
Travel Relating to Marketing |
Annual Report Total |
Invesco Charter Fund |
$5 |
$4 |
$1 |
$0 |
$25,200 |
$57 |
$0 |
$25,267 |
Invesco Summit Fund |
1 |
0 |
0 |
0 |
6,005 |
7 |
0 |
6,013 |
Exhibit Number |
Description | ||
a |
(1) |
(a) |
|
a |
(1) |
(b) |
|
a |
(1) |
(c) |
|
a |
(1) |
(d) |
|
a |
(1) |
(e) |
|
a |
(1) |
(f) |
|
a |
(1) |
(g) |
|
b |
|
|
|
c |
|
|
Articles II, VI, VII, VIII and IX of the Fourth Amended and Restated Agreement and Declaration of Trust, as amended, and Articles IV, V and VI of the Second Amended and Restated Bylaws define rights of holders of shares. |
d |
(1) |
(a) |
|
d |
(1) |
(b) |
|
d |
(1) |
(c) |
|
d |
(1) |
(d) |
|
d |
(1) |
(e) |
|
d |
(1) |
(f) |
|
d |
(1) |
(g) |
|
d |
(1) |
(h) |
|
d |
(1) |
(i) |
|
d |
(1) |
(j) |
|
d |
(1) |
(k) |
|
d |
(1) |
(l) |
|
d |
(1) |
(m) |
Exhibit Number |
Description | ||
d |
(1) |
(n) |
|
d |
(1) |
(o) |
|
d |
(1) |
(p) |
|
d |
(1) |
(q) |
|
d |
(1) |
(r) |
|
d |
(1) |
(s) |
|
d |
(1) |
(t) |
|
d |
(1) |
(u) |
|
d |
(1) |
(v) |
|
d |
(1) |
(w) |
|
d |
(2) |
(a) |
|
d |
(2) |
(b) |
|
d |
(2) |
(c) |
|
d |
(2) |
(d) |
|
d |
(2) |
(e) |
|
Exhibit Number |
Description | ||
d |
(2) |
(f) |
|
d |
(2) |
(g) |
|
d |
(2) |
(h) |
|
d |
(2) |
(i) |
|
d |
(2) |
(j) |
|
d |
(2) |
(k) |
|
d |
(2) |
(l) |
|
d |
(3) |
(a) |
|
d |
(3) |
(b) |
|
d |
(3) |
(c) |
|
d |
(3) |
(d) |
|
d |
(3) |
(e) |
|
d |
(3) |
(f) |
|
d |
(3) |
(g) |
|
d |
(3) |
(h) |
|
d |
(3) |
(i) |
|
d |
(3) |
(j) |
Exhibit Number |
Description | ||
d |
(3) |
(k) |
|
d |
(3) |
(l) |
|
d |
(3) |
(m) |
|
d |
(3) |
(n) |
|
d |
(3) |
(o) |
|
d |
(3) |
(p) |
|
d |
(3) |
(q) |
|
d |
(3) |
(r) |
|
d |
(3) |
(s) |
|
d |
(3) |
(t) |
|
d |
(3) |
(u) |
|
d |
(3) |
(v) |
|
d |
(3) |
(w) |
|
d |
(3) |
(x) |
|
d |
(3) |
(y) |
|
d |
(3) |
(z) |
|
d |
(3) |
(aa) |
|
d |
(3) |
(bb) |
|
d |
(3) |
(cc) |
|
d |
(3) |
(dd) |
|
d |
(3) |
(ee) |
Exhibit Number |
Description | ||
d |
(3) |
(ff) |
|
d |
(4) |
(a) |
|
d |
(4) |
(b) |
|
d |
(4) |
(c) |
|
d |
(4) |
(d) |
|
d |
(4) |
(e) |
|
d |
(4) |
(f) |
|
d |
(4) |
(g) |
|
d |
(4) |
(h) |
|
d |
(4) |
(i) |
|
d |
(4) |
(j) |
|
d |
(4) |
(k) |
|
d |
(4) |
(l) |
|
d |
(4) |
(m) |
|
d |
(4) |
(n) |
|
d |
(4) |
(o) |
|
d |
(4) |
(p) |
|
d |
(4) |
(q) |
|
d |
(5) |
(a) |
|
d |
(5) |
(b) |
|
d |
(5) |
(c) |
|
d |
(5) |
(d) |
Exhibit Number |
Description | ||
d |
(5) |
(e) |
|
d |
(5) |
(f) |
|
d |
(5) |
(g) |
|
d |
(5) |
(h) |
|
d |
(5) |
(i) |
|
e |
(1) |
(a) |
|
e |
(1) |
(b) |
|
e |
(1) |
(c) |
|
e |
(1) |
(d) |
|
e |
(1) |
(e) |
|
e |
(1) |
(f) |
|
e |
(1) |
(g) |
|
e |
(1) |
(h) |
|
e |
(1) |
(i) |
|
e |
(1) |
(j) |
|
e |
(1) |
(k) |
|
e |
(1) |
(l) |
|
e |
(1) |
(m) |
|
e |
(1) |
(n) |
|
e |
(1) |
(o) |
|
e |
(1) |
(p) |
|
e |
(1) |
(q) |
Exhibit Number |
Description | ||
e |
(1) |
(r) |
|
e |
(1) |
(s) |
|
e |
(1) |
(t) |
|
e |
(1) |
(u) |
|
e |
(1) |
(v) |
|
e |
(1) |
(w) |
|
e |
(1) |
(x) |
|
e |
(1) |
(y) |
|
e |
(1) |
(z) |
|
e |
(1) |
(aa) |
|
e |
(1) |
(bb) |
|
e |
(1) |
(cc) |
|
e |
(1) |
(dd) |
|
e |
(1) |
(ee) |
|
e |
(1) |
(ff) |
|
e |
(1) |
(gg) |
|
e |
(2) |
|
|
e |
(3) |
|
|
f |
(1) |
|
|
f |
(2) |
(a) |
|
f |
(2) |
(b) |
|
g |
(1) |
|
|
g |
(2) |
|
|
g |
(3) |
|
Exhibit Number |
Description | ||
h |
(1) |
|
|
h |
(2) |
|
Shareholder Sub-Accounting Services Agreement between Registrant, First Data Investor Services Group (formerly The Shareholder Services Group, Inc.), Financial Data Services Inc. and Merrill Lynch, Pierce, Fenner & Smith Inc., dated October 1, 1993. (1) |
h |
(3) |
(a) |
|
h |
(3) |
(b) |
|
h |
(3) |
(c) |
|
h |
(3) |
(d) |
|
h |
(3) |
(e) |
|
h |
(3) |
(f) |
|
h |
(3) |
(g) |
|
h |
(3) |
(h) |
|
h |
(3) |
(i) |
|
h |
(3) |
(j) |
|
h |
(3) |
(k) |
|
h |
(3) |
(l) |
|
h |
(3) |
(m) |
|
h |
(3) |
(n) |
|
h |
(3) |
(o) |
|
h |
(4) |
|
|
h |
(5) |
|
|
h |
(6) |
|
|
h |
(7) |
|
|
h |
(8) |
|
Exhibit Number |
Description | ||
i |
|
|
Legal Opinion - None |
j |
|
|
|
k |
|
|
Omitted Financial Statements – Not Applicable. |
l |
(1) |
|
|
|
(2) |
|
|
|
(3) |
|
|
|
(4) |
|
|
|
(5) |
|
|
|
(6) |
|
|
|
(7) |
|
|
|
(8) |
|
|
|
(9) |
|
|
m |
(1) |
(a) |
|
m |
(1) |
(b) |
|
m |
(1) |
(c) |
|
m |
(1) |
(d) |
|
m |
(1) |
(e) |
|
m |
(1) |
(f) |
|
m |
(1) |
(g) |
|
m |
(1) |
(h) |
|
m |
(1) |
(i) |
|
m |
(1) |
(j) |
Exhibit Number |
Description | ||
m |
(1) |
(k) |
|
m |
(1) |
(l) |
|
m |
(1) |
(m) |
|
m |
(1) |
(n) |
|
m |
(1) |
(o) |
|
m |
(1) |
(p) |
|
m |
(1) |
(q) |
|
m |
(1) |
(r) |
|
m |
(1) |
(s) |
|
m |
(1) |
(t) |
|
m |
(1) |
(u) |
|
m |
(1) |
(v) |
|
m |
(1) |
(w) |
|
m |
(1) |
(x) |
|
m |
(2) |
(a) |
|
m |
(2) |
(b) |
Exhibit Number |
Description | ||
m |
(2) |
(c) |
|
m |
(2) |
(d) |
|
m |
(2) |
(e) |
|
m |
(3) |
(a) |
|
m |
(3) |
(b) |
|
m |
(3) |
(c) |
|
m |
(4) |
(a) |
|
m |
(4) |
(b) |
|
m |
(4) |
(c) |
|
n |
(1) |
(a) |
|
n |
(1) |
(b) |
|
n |
(2) |
|
|
o |
|
|
Reserved. |
p |
(1) |
|
|
p |
(2) |
|
|
p |
(3) |
|
|
p |
(4) |
|
|
p |
(5) |
|
|
p |
(6) |
|
|
p |
(7) |
|
|
p |
(8) |
|
|
p |
(9) |
|
|
q |
(1) |
|
|
q |
(2) |
|
Exhibit Number |
Description | ||
q |
(3) |
|
NAME AND PRINCIPAL BUSINESS ADDRESS* |
POSITIONS AND OFFICES WITH REGISTRANT |
POSITIONS AND OFFICES WITH UNDERWRITER |
Rocco Benedetto |
None |
Senior Vice President |
Paul Blease |
None |
Senior Vice President |
David Borrelli |
None |
Senior Vice President |
Ken Brodsky |
None |
Senior Vice President |
George Fahey |
None |
Senior Vice President |
Jay Fortuna |
None |
Senior Vice President |
Mark W. Gregson |
None |
Chief Financial Officer, Financial & Operations Principal |
Trisha B. Hancock |
None |
Chief Compliance Officer & Senior Vice President |
Clint Harris |
None |
President |
John Hoffman |
None |
Senior Vice President |
Eliot Honaker |
None |
Senior Vice President |
Brian Kiley |
None |
Senior Vice President |
Jeffrey H. Kupor |
Secretary, Senior Vice President & Chief Legal Officer |
Secretary |
Annette J. Lege |
None |
Treasurer |
Brian Levitt |
None |
Senior Vice President |
John McDonough |
None |
Director & Chief Executive Officer |
Kevin Neznek |
None |
Senior Vice President |
Tony Oh |
None |
Senior Vice President |
Adam Rochlin |
None |
Senior Vice President |
Benjamin Stewart |
None |
Senior Vice President |
Paul E. Temple |
None |
Senior Vice President |
Ben Utt |
None |
Executive Vice President |
Rohit Vohra |
None |
Senior Vice President |
Gary K. Wendler |
Assistant Vice President |
Senior Vice President, Director, Marketing Research & Analysis |
NAME AND PRINCIPAL BUSINESS ADDRESS* |
POSITIONS AND OFFICES WITH REGISTRANT |
POSITIONS AND OFFICES WITH UNDERWRITER |
Donna White |
None |
Senior Vice President |
Crissie Wisdom |
Anti-Money Laundering Compliance Officer |
Anti-Money Laundering Compliance Officer |
John M. Zerr |
Senior Vice President |
Senior Vice President |
|
Invesco Asset Management Deutschland GmbH An der Welle 5, 1st Floor Frankfurt, Germany 60322 |
|
Invesco Asset Management Ltd. Perpetual Park Perpetual Park Drive Henley-on-Thames Oxfordshire, RG91HH United Kingdom |
|
Invesco Asset Management (Japan) Limited Roppongi Hills Mori Tower 14F 6-10-1 Roppongi Minato-ku, Tokyo 106-6114 Japan |
|
Invesco Hong Kong Limited 41/F, Champion Tower Three Garden Road, Central Hong Kong |
|
Invesco Senior Secured Management, Inc. 225 Liberty Street New York, NY 10281 |
|
Invesco Canada Ltd. 5140 Yonge Street Suite 800 Toronto, Ontario Canada M2N 6X7 |
|
Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
|
Invesco Asset Management (India) Private Limited 3rd Floor, GYS Infinity, Subhash Road Paranjpe B Scheme, Ville Parle (East) Mumbai – 400 057, India |
|
OppenheimerFunds, Inc. 225 Liberty Street New York, NY 10281 |
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS) | |
By: |
/s/ Sheri Morris |
|
Sheri Morris |
Title: |
President |
SIGNATURE |
TITLE |
DATE |
/s/ Sheri Morris |
President |
February 25, 2021 |
(Sheri Morris) |
(Principal Executive Officer) |
|
/s/ Beth Ann Brown*** |
Trustee |
February 25, 2021 |
(Beth Ann Brown) |
|
|
/s/ Jack M. Fields* |
Trustee |
February 25, 2021 |
(Jack M. Fields) |
|
|
/s/ Martin L. Flanagan* |
Vice Chair and Trustee |
February 25, 2021 |
(Martin L. Flanagan) |
|
|
/s/ Cynthia Hostetler* |
Trustee |
February 25, 2021 |
(Cynthia Hostetler) |
|
|
/s/ Eli Jones* |
Trustee |
February 25, 2021 |
(Eli Jones) |
|
|
/s/ Elizabeth Krentzman*** |
Trustee |
February 25, 2021 |
(Elizabeth Krentzman) |
|
|
/s/ Anthony J. LaCava, Jr.** |
Trustee |
February 25, 2021 |
(Anthony J. LaCava, Jr.) |
|
|
/s/ Prema Mathai-Davis* |
Trustee |
February 25, 2021 |
(Prema Mathai-Davis) |
|
|
/s/ Joel W. Motley*** |
Trustee |
February 25, 2021 |
(Joel W. Motley) |
|
|
/s/ Teresa M. Ressel* |
Trustee |
February 25, 2021 |
(Teresa M. Ressel) |
|
|
SIGNATURE |
TITLE |
DATE |
/s/ Ann Barnett Stern* |
Trustee |
February 25, 2021 |
(Ann Barnett Stern) |
|
|
/s/ Robert C. Troccoli* |
Trustee |
February 25, 2021 |
(Robert C. Troccoli) |
|
|
/s/ Daniel S. Vandivort*** |
Trustee |
February 25, 2021 |
(Daniel S. Vandivort) |
|
|
/s/ James D. Vaughn*** |
Trustee |
February 25, 2021 |
(James D. Vaughn) |
|
|
|
|
|
|
|
|
/s/ Christopher L. Wilson* |
Chair and Trustee |
February 25, 2021 |
(Christopher L. Wilson) |
|
|
/s/ Adrien Deberghes |
Vice President & |
February 25, 2021 |
Adrien Deberghes |
Treasurer (Principal Financial Officer) |
|
/s/ Sheri Morris |
|
February 25, 2021 |
Sheri Morris |
|
|
Attorney-In-Fact |
|
|
a (1) (f) |
Amendment No. 5, effective April 17, 2020, to the Fourth Amended and Restated Agreement and Declaration of Trust of Registrant, dated April 11, 2017. |
a (1) (g) |
Amendment No. 6, effective June 3, 2020, to the Fourth Amended and Restated Agreement and Declaration of Trust of Registrant, dated April 11, 2017. |
d (1) (u) |
Amendment No. 20, dated April 17, 2020, to Master Investment Advisory Agreement, dated June 21, 2000, between Registrant and Invesco Advisers, Inc. |
d (1) (v) |
Amended and Restated Master Investment Advisory Agreement, dated July 1, 2020, between Registrant and Invesco Advisers, Inc. |
d (1) (w) |
Amendment No. 1, dated September 30, 2020, to the Amended and Restated Master Investment Advisory Agreement, dated July 1, 2020, between Registrant and Invesco Advisers, Inc. |
d (2) (j) |
Amendment No. 8, dated April 17, 2020, to Master Intergroup Sub-Advisory Contract for Mutual Funds, dated May 1, 2008 between Invesco Advisors, Inc. on behalf of Registrant, and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Australia Limited, Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc. |
d (2) (k) |
Amended and Restated Master Intergroup Sub-Advisory Contract for Mutual Funds, dated July 1, 2020 between Invesco Advisors, Inc. on behalf of Registrant, and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Australia Limited, Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc. |
d (2) (l) |
Amendment No. 1, dated September 30, 2020, to the Amended and Restated Master Intergroup Sub-Advisory Contract for Mutual Funds, dated July 1, 2020 between Invesco Advisors, Inc. on behalf of Registrant, and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Australia Limited, Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc. |
d (3) (ff) |
Amendment No. 4, dated December 22, 2020, to the Amended and Restated Sub-Advisory Contract – Invesco Advisers, Inc. and Invesco Capital Management, LLC dated July 1, 2020. |
d (4) (q) |
Amendment No. 4, dated December 22, 2020, to the Amended and Restated Sub-Advisory Contract – Invesco Advisers, Inc. and Invesco Asset Management (India) Private Limited dated July 1, 2020. |
h (1) |
Fifth Amended and Restated Transfer Agency and Service Agreement, dated July 1, 2020, between Registrant and Invesco Investment Services, Inc. |
h (3)(m) |
Amendment No. 12, dated April 14, 2019, to Second Amended and Restated Master Administrative Services Agreement dated July 1, 2006, between Registrant and Invesco Advisers, Inc. |
h (3) (n) |
Third Amended and Restated Master Administrative Services Agreement dated July 1, 2020, between Registrant and Invesco Advisers, Inc. |
h (3) (o) |
Amendment No. 1, dated September 30, 2020, to the Third Amended and Restated Master Administrative Services Agreement dated July 1, 2020, between Registrant and Invesco Advisers, Inc. |
(j) |
Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm. |
m (3)(b) |
Amendment No. 1, dated April 17, 2020, to the Distribution and Service Plan (Class A, C and R Shares of Invesco Oppenheimer Funds) (Compensation) dated May 24, 2019. |
m (3) (c) |
Amendment No. 2, dated September 30, 2020, to the Distribution and Service Plan (Class A, C and R Shares of Invesco Oppenheimer Funds) (Compensation) dated May 24, 2019. |
|
|
101.INS |
XBRL Instance Document- the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the inline XBRL document |
101.SCH |
XBRL Taxonomy Extension Schema Document |
101.CAL |
XBRL Taxonomy Extension Calculation Linkbase Document |
101.DEF |
XBRL Taxonomy Extension Definition Linkbase Document |
101.LAB |
XBRL Taxonomy Extension Labels Linkbase Document |
101.PRE |
XBRL Taxonomy Extension Presentation Linkbase Document |
|
|
AMENDMENT NO. 5
TO FOURTH AMENDED AND RESTATED
AGREEMENT AND DECLARATION OF TRUST OF
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
This Amendment No. 5 (the Amendment) to the Fourth Amended and Restated Agreement and Declaration of Trust of AIM Equity Funds (Invesco Equity Funds) (the Trust) amends, effective April 17, 2020, the Fourth Amended and Restated Agreement and Declaration of Trust of the Trust dated as of April 11, 2017, as amended (the Agreement).
Under Section 9.7 of the Agreement, this Amendment may be executed by a duly authorized officer of the Trust.
WHEREAS, the Trust desires to amend the Agreement to remove Invesco Oppenheimer Dividend Opportunity Fund;
NOW, THEREFORE, the Agreement is hereby amended as follows:
1. | Schedule A of the Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit 1 to this Amendment. |
2. | All references in the Agreement to this Agreement shall mean the Agreement as amended by this Amendment. |
3. | Except as specifically amended by this Amendment, the Agreement is hereby confirmed and remains in full force and effect. |
IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the Trust, has executed this Amendment as of April 17, 2020.
By: | /s/ Jeffrey H. Kupor | |
Names: Jeffrey H. Kupor | ||
Title: Secretary, Senior Vice President and | ||
Chief Legal Officer |
EXHIBIT 1
SCHEDULE A
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
PORTFOLIOS AND CLASSES THEREOF
PORTFOLIO |
CLASSES OF EACH PORTFOLIO | |
Invesco Charter Fund | Class A Shares Class C Shares Class F Shares Class R Shares Class R5 Shares Class R6 Shares Class S Shares Class T Shares Class Y Shares | |
Invesco Diversified Dividend Fund | Class A Shares Class C Shares Class F Shares Class R Shares Class R5 Shares Class R6 Shares Class T Shares Class Y Shares Investor Class Shares | |
Invesco Oppenheimer Main Street Fund® | Class A Shares Class C Shares Class R Shares Class Y Shares Class R5 Shares Class R6 Shares Class S Shares | |
Invesco Oppenheimer Main Street All Cap Fund® | Class A Shares Class C Shares Class R Shares Class Y Shares Class R5 Shares Class R6 Shares | |
Invesco Oppenheimer Rising Dividends Fund | Class A Shares Class C Shares Class R Shares Class Y Shares Class R5 Shares Class R6 Shares |
PORTFOLIO |
CLASSES OF EACH PORTFOLIO | |
Invesco Summit Fund | Class A Shares Class C Shares Class F Shares Class P Shares Class R Shares Class R5 Shares Class R6 Shares Class S Shares Class T Shares Class Y Shares |
AMENDMENT NO. 6
TO FOURTH AMENDED AND RESTATED
AGREEMENT AND DECLARATION OF TRUST OF
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
This Amendment No. 6 (the Amendment) to the Fourth Amended and Restated Agreement and Declaration of Trust of AIM Equity Funds (Invesco Equity Funds) (the Trust) amends, effective September 30, 2020, the Fourth Amended and Restated Agreement and Declaration of Trust of the Trust dated as of April 11, 2017, as amended (the Agreement).
Under Section 9.7 of the Agreement, this Amendment may be executed by a duly authorized officer of the Trust.
WHEREAS, the Trust desires to amend the Agreement to change the following Funds names:
FUND NAME | NEW FUND NAME | |
Invesco Oppenheimer Main Street All Cap Fund | Invesco Main Street All Cap Fund | |
Invesco Oppenheimer Main Street Fund | Invesco Main Street Fund | |
Invesco Oppenheimer Rising Dividends Fund | Invesco Rising Dividends Fund; |
NOW, THEREFORE, the Agreement is hereby amended as follows:
1. | Schedule A of the Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit 1 to this Amendment. |
2. | All references in the Agreement to this Agreement shall mean the Agreement as amended by this Amendment. |
3. | Except as specifically amended by this Amendment, the Agreement is hereby confirmed and remains in full force and effect. |
IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the Trust, has executed this Amendment as of June 3, 2020.
By: | /s/ Jeffrey H. Kupor | |
Names: Jeffrey H. Kupor | ||
Title: Secretary, Senior Vice President and | ||
Chief Legal Officer |
EXHIBIT 1
SCHEDULE A
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
PORTFOLIOS AND CLASSES THEREOF
PORTFOLIO |
CLASSES OF EACH PORTFOLIO | |
Invesco Charter Fund | Class A Shares Class C Shares Class F Shares Class R Shares Class R5 Shares Class R6 Shares Class S Shares Class T Shares Class Y Shares | |
Invesco Diversified Dividend Fund | Class A Shares Class C Shares Class F Shares Class R Shares Class R5 Shares Class R6 Shares Class T Shares Class Y Shares Investor Class Shares | |
Invesco Main Street Fund® | Class A Shares Class C Shares Class R Shares Class Y Shares Class R5 Shares Class R6 Shares Class S Shares | |
Invesco Main Street All Cap Fund® | Class A Shares Class C Shares Class R Shares Class Y Shares Class R5 Shares Class R6 Shares | |
Invesco Rising Dividends Fund | Class A Shares Class C Shares Class R Shares Class Y Shares Class R5 Shares Class R6 Shares |
PORTFOLIO |
CLASSES OF EACH PORTFOLIO | |
Invesco Summit Fund | Class A Shares Class C Shares Class F Shares Class P Shares Class R Shares Class R5 Shares Class R6 Shares Class S Shares Class T Shares Class Y Shares |
AMENDMENT NO. 20
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of April 17, 2020, amends the Master Investment Advisory Agreement (the Agreement) dated June 21, 2000, between AIM Equity Funds (Invesco Equity Funds), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to remove Invesco Oppenheimer Dividend Opportunity Fund;
NOW, THEREFORE, the parties agree that:
1. | Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following: |
APPENDIX A
FUNDS AND EFFECTIVE DATES
Name of Fund |
Effective Date of Advisory Agreement | |
Invesco Charter Fund |
June 1, 2000 | |
Invesco Diversified Dividend Fund |
December 28, 2001 | |
Invesco Oppenheimer Main Street Fund® |
May 24, 2019 | |
Invesco Oppenheimer Main Street All Cap Fund® |
May 24, 2019 | |
Invesco Oppenheimer Rising Dividends Fund |
May 24, 2019 | |
Invesco Summit Fund |
April 30, 2008 |
APPENDIX B
COMPENSATION TO THE ADVISOR
The Trust shall pay the Advisor, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund.
Invesco Charter Fund
Net Assets |
Annual Rate | |||
First $250 million |
0.695 | % | ||
Next $4.05 billion |
0.615 | % | ||
Next $3.9 billion |
0.57 | % | ||
Next $1.8 billion |
0.545 | % | ||
Over $10 billion |
0.52 | % |
Invesco Diversified Dividend Fund
Net Assets |
Annual Rate | |||
First $350 million |
0.60 | % | ||
Next $350 million |
0.55 | % | ||
Next $1.3 billion |
0.50 | % | ||
Next $2 billion |
0.45 | % | ||
Next $2 billion |
0.40 | % | ||
Next $2 billion |
0.375 | % | ||
Over $8 billion |
0.35 | % |
Invesco Oppenheimer Main Street Fund®*
Net Assets |
Annual Rate | |||
First $200 million |
0.65 | % | ||
Next $150 million |
0.60 | % | ||
Next $150 million |
0.55 | % | ||
Next $9.5 billion |
0.45 | % | ||
Over $10 billion |
0.43 | % |
Invesco Oppenheimer Main Street All Cap Fund®*
Net Assets |
Annual Rate | |||
First $200 million |
0.75 | % | ||
Next $200 million |
0.72 | % | ||
Next $200 million |
0.69 | % | ||
Next $200 million |
0.66 | % | ||
Next 4.2 billion |
0.60 | % | ||
Over $5 billion |
0.58 | % |
* | The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc. |
2
Invesco Oppenheimer Rising Dividends Fund*
Net Assets |
Annual Rate | |||
First $800 million |
0.65 | % | ||
Next $700 million |
0.60 | % | ||
Next $1 billion |
0.58 | % | ||
Next $2.5 billion |
0.56 | % | ||
Next $5 billion |
0.54 | % | ||
Over $10 billion |
0.52 | % |
Invesco Summit Fund
Net Assets |
Annual Rate | |||
First $10 million |
1.00 | % | ||
Over $10 million up to and including $150 million |
0.75 | % | ||
Over $150 million |
0.625 | % |
2. | In all other respects, the Agreement is hereby confirmed and remains in full force and effect. |
3
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.
AIM EQUITY FUNDS | ||||||||
(INVESCO EQUITY FUNDS) | ||||||||
Attest: | /s/ Elizabeth Nelson |
By: | /s/ Jeffrey H. Kupor | |||||
Assistant Secretary | Jeffrey H. Kupor | |||||||
Secretary, Senior Vice President and | ||||||||
Chief Legal Officer | ||||||||
INVESCO ADVISERS, INC. | ||||||||
Attest: | /s/ Elizabeth Nelson |
By: | /s/ Jeffrey H. Kupor | |||||
Assistant Secretary | Jeffrey H. Kupor | |||||||
Senior Vice President & Secretary |
4
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT
THIS AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT (Agreement) is made this 1st day of July, 2020, by and between AIM Equity Funds (Invesco Equity Funds), a Delaware business trust (the Trust) with respect to its series of shares shown on Appendix A attached hereto, as the same may be amended from time to time, and Invesco Advisers, Inc., a Delaware corporation (the Adviser), and amends and restates the prior Agreement between the Trust with respect to its series of shares shown on Appendix A attached hereto, and the Adviser dated June 21, 2000, as amended to date.
RECITALS
WHEREAS, the Trust is registered under the Investment Company Act of 1940, as amended (the 1940 Act), as an open-end, diversified management investment company;
WHEREAS, the Adviser is registered under the Investment Advisers Act of 1940, as amended (the Advisers Act), as an investment adviser and engages in the business of acting as an investment adviser;
WHEREAS, the Trusts Fourth Amended and Restated Agreement and Declaration of Trust (the Declaration of Trust) authorizes the Board of Trustees of the Trust (the Board of Trustees) to create separate series of shares of beneficial interest of the Trust, and as of the date of this Agreement, the Board of Trustees has created four separate series portfolios (such portfolios and any other portfolios hereafter added to the Trust being referred to collectively herein as the Funds); and
WHEREAS, the Trust and the Adviser desire to enter into an agreement to provide for investment advisory services to the Funds upon the terms and conditions hereinafter set forth;
NOW THEREFORE, in consideration of the mutual covenants herein contained and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties agree as follows:
1. Advisory Services. The Adviser shall act as investment adviser for the Funds and shall, in such capacity, supervise all aspects of the Funds operations, including the investment and reinvestment of cash, securities or other properties comprising the Funds assets, subject at all times to the policies and control of the Board of Trustees. The Adviser shall give the Trust and the Funds the benefit of its best judgment, efforts and facilities in rendering its services as investment adviser.
2. Investment Analysis and Implementation. In carrying out its obligations under Section 1 hereof, the Adviser shall:
(a) supervise all aspects of the operations of the Funds;
(b) obtain and evaluate pertinent information about significant developments and economic, statistical and financial data, domestic, foreign or otherwise, whether affecting the economy generally or the Funds, and whether concerning the individual issuers whose securities are included in the assets of the Funds or the activities in which such issuers engage, or with respect to securities which the Adviser considers desirable for inclusion in the Funds assets;
(c) determine which issuers and securities shall be represented in the Funds investment portfolios and regularly report thereon to the Board of Trustees;
(d) formulate and implement continuing programs for the purchases and sales of the securities of such issuers and regularly report thereon to the Board of Trustees; and
(e) take, on behalf of the Trust and the Funds, all actions which appear to the Trust and the Funds necessary to carry into effect such purchase and sale programs and supervisory
1
functions as aforesaid, including but not limited to the placing of orders for the purchase and sale of securities for the Funds.
3. Securities Lending Duties and Fees. The Adviser agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the Agent) in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisers instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary.
As compensation for such services provided by the Adviser in connection with securities lending activities of each Fund, a lending Fund shall pay the Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.
4. Delegation of Responsibilities. The Adviser is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisers, and may enter into agreements with sub-advisers, and may replace any such sub-advisers from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission (SEC), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisers by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).
5. Independent Contractors. The Adviser and any sub-advisers shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized, have no authority to act for or represent the Trust in any way or otherwise be deemed to be an agent of the Trust.
6. Control by Board of Trustees. Any investment program undertaken by the Adviser pursuant to this Agreement, as well as any other activities undertaken by the Adviser on behalf of the Funds, shall at all times be subject to any directives of the Board of Trustees.
7. Compliance with Applicable Requirements. In carrying out its obligations under this Agreement, the Adviser shall at all times conform to:
(a) all applicable provisions of the 1940 Act and the Advisers Act and any rules and regulations adopted thereunder;
(b) the provisions of the registration statement of the Trust, as the same may be amended from time to time under the Securities Act of 1933 and the 1940 Act;
(c) the provisions of the Declaration of Trust, as the same may be amended from time to time;
(d) the provisions of the by-laws of the Trust, as the same may be amended from time to time; and
(e) any other applicable provisions of state, federal or foreign law.
8. Broker-Dealer Relationships. The Adviser is responsible for decisions to buy and sell securities for the Funds, broker-dealer selection, and negotiation of brokerage commission rates.
(a) The Advisers primary consideration in effecting a security transaction will be to obtain the best execution.
2
(b) In selecting a broker-dealer to execute each particular transaction, the Adviser will take the following into consideration: the best net price available; the reliability, integrity and financial condition of the broker-dealer; the size of and the difficulty in executing the order; and the value of the expected contribution of the broker-dealer to the investment performance of the Funds on a continuing basis. Accordingly, the price to the Funds in any transaction may be less favorable than that available from another broker-dealer if the difference is reasonably justified by other aspects of the fund execution services offered.
(c) Subject to such policies as the Board of Trustees may from time to time determine, the Adviser shall not be deemed to have acted unlawfully or to have breached any duty created by this Agreement or otherwise solely by reason of its having caused the Funds to pay a broker or dealer that provides brokerage and research services to the Adviser an amount of commission for effecting a fund investment transaction in excess of the amount of commission another broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith that such amount of commission was reasonable in relation to the value of the brokerage and research services provided by such broker or dealer, viewed in terms of either that particular transaction or the Advisers overall responsibilities with respect to a particular Fund, other Funds of the Trust, and to other clients of the Adviser as to which the Adviser exercises investment discretion. The Adviser is further authorized to allocate the orders placed by it on behalf of the Funds to such brokers and dealers who also provide research or statistical material, or other services to the Funds, to the Adviser, or to any sub-adviser. Such allocation shall be in such amounts and proportions as the Adviser shall determine and the Adviser will report on said allocations regularly to the Board of Trustees indicating the brokers to whom such allocations have been made and the basis therefor.
(d) With respect to one or more Funds, to the extent the Adviser does not delegate trading responsibility to one or more sub-advisers, in making decisions regarding broker-dealer relationships, the Adviser may take into consideration the recommendations of any sub-adviser appointed to provide investment research or advisory services in connection with the Funds, and may take into consideration any research services provided to such sub-adviser by broker-dealers.
(e) Subject to the other provisions of this Section 8, the 1940 Act, the Securities Exchange Act of 1934, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the SEC, any exemptive orders issued by the SEC, and any other applicable provisions of law, the Adviser may select brokers or dealers with which it or the Funds are affiliated.
9. Compensation. The compensation that each Fund shall pay the Adviser is set forth in Appendix B attached hereto.
10. Expenses of the Funds. All of the ordinary business expenses incurred in the operations of the Funds and the offering of their shares shall be borne by the Funds unless specifically provided otherwise in this Agreement. These expenses borne by the Funds include but are not limited to brokerage commissions, taxes, legal, accounting, auditing, or governmental fees, the cost of preparing share certificates, custodian, transfer and shareholder service agent costs, expenses of issue, sale, redemption and repurchase of shares, expenses of registering and qualifying shares for sale, expenses relating to trustees and shareholder meetings, the cost of preparing and distributing reports and notices to shareholders, the fees and other expenses incurred by the Trust on behalf of the Funds in connection with membership in investment company organizations and the cost of printing copies of prospectuses and statements of additional information distributed to the Funds shareholders.
11. Services to Other Companies or Accounts. The Trust understands that the Adviser now acts, will continue to act and may act in the future as investment manager or adviser to fiduciary and other managed accounts, and as investment manager or adviser to other investment companies, including any offshore entities, or accounts, and the Trust has no objection to the Adviser so acting, provided that whenever the Trust and one or more other investment companies or accounts managed or advised by the Adviser have available funds for investment, investments suitable and appropriate for
3
each will be allocated in accordance with a formula believed to be equitable to each company and account. The Trust recognizes that in some cases this procedure may adversely affect the size of the positions obtainable and the prices realized for the Funds.
12. Non-Exclusivity. The Trust understands that the persons employed by the Adviser to assist in the performance of the Advisers duties under this Agreement will not devote their full time to such service and nothing contained in this Agreement shall be deemed to limit or restrict the right of the Adviser or any affiliate of the Adviser to engage in and devote time and attention to other businesses or to render services of whatever kind or nature. The Trust further understands and agrees that officers or directors of the Adviser may serve as officers or trustees of the Trust, and that officers or trustees of the Trust may serve as officers or directors of the Adviser to the extent permitted by law; and that the officers and directors of the Adviser are not prohibited from engaging in any other business activity or from rendering services to any other person, or from serving as partners, officers, directors or trustees of any other firm or trust, including other investment advisory companies.
13. Effective Date, Term and Approval. This Agreement shall become effective with respect to a Fund, if approved by the shareholders of such Fund, on the Effective Date for such Fund, as set forth in Appendix A attached hereto. If so approved, this Agreement shall thereafter continue in force and effect until June 30, 2021, and may be continued from year to year thereafter, provided that the continuation of the Agreement is specifically approved at least annually:
(a) (i) by the Board of Trustees or (ii) by the vote of a majority of the outstanding voting securities of such Fund (as defined in Section 2(a)(42) of the 1940 Act); and
(b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons (as defined in the 1940 Act) of a party to this Agreement (other than as trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.
14. Termination. This Agreement may be terminated as to the Trust or as to any one or more of the Funds at any time, without the payment of any penalty, by vote of the Board of Trustees or by vote of a majority of the outstanding voting securities of the applicable Fund, or by the Adviser, on sixty (60) days written notice to the other party. The notice provided for herein may be waived by the party entitled to receipt thereof. This Agreement shall automatically terminate in the event of its assignment, the term assignment for purposes of this paragraph having the meaning defined in Section 2(a)(4) of the 1940 Act.
15. Amendment. No amendment of this Agreement shall be effective unless it is in writing and signed by the party against which enforcement of the amendment is sought.
16. Liability of Adviser and Fund. In the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of the Adviser or any of its officers, directors or employees, the Adviser shall not be subject to liability to the Trust or to the Funds or to any shareholder of the Funds for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security. Any liability of the Adviser to one Fund shall not automatically impart liability on the part of the Adviser to any other Fund. No Fund shall be liable for the obligations of any other Fund.
17. Liability of Shareholders. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust individually but are binding only upon the assets and property of the Trust and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as shareholders of private corporations for profit.
18. Notices. Any notices under this Agreement shall be in writing, addressed and delivered, telecopied or mailed postage paid, to the other party entitled to receipt thereof at such address as such party may designate for the receipt of such notice. Until further notice to the other party, it is agreed that
4
the address of the Trust and that of the Adviser shall be 11 Greenway Plaza, Suite 1000, Houston, Texas 77046-1173.
19. Questions of Interpretation. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from a term or provision of the 1940 Act or the Advisers Act shall be resolved by reference to such term or provision of the 1940 Act or the Advisers Act and to interpretations thereof, if any, by the United States Courts or in the absence of any controlling decision of any such court, by rules, regulations or orders of the SEC issued pursuant to said Acts. In addition, where the effect of a requirement of the 1940 Act or the Advisers Act reflected in any provision of this Agreement is revised by rule, regulation or order of the SEC, such provision shall be deemed to incorporate the effect of such rule, regulation or order. Subject to the foregoing, this Agreement shall be governed by and construed in accordance with the laws (without reference to conflicts of law provisions) of the State of Texas.
20. License Agreement. The Trust shall have the non-exclusive right to use the name Invesco to designate any current or future series of shares only so long as Invesco Advisers, Inc. serves as investment manager or adviser to the Trust with respect to such series of shares.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed in duplicate by their respective officers on the day and year first written above.
INVESCO ADVISERS, INC. | ||||||||
Attest: | /s/ Elizabeth Nelson |
By: | /s/ Jeffrey H. Kupor | |||||
Assistant Secretary | Jeffrey H. Kupor | |||||||
Senior Vice President & Secretary | ||||||||
AIM EQUITY FUNDS | ||||||||
(INVESCO EQUITY FUNDS) | ||||||||
Attest: | /s/ Elizabeth Nelson |
By: | /s/ Jeffrey H. Kupor | |||||
Assistant Secretary | Jeffrey H. Kupor | |||||||
Secretary, Senior Vice President and | ||||||||
Chief Legal Officer |
5
APPENDIX A
FUNDS AND EFFECTIVE DATES
Name of Fund |
Effective Date of Advisory Agreement | |
Invesco Charter Fund | June 1, 2000 | |
Invesco Diversified Dividend Fund | December 28, 2001 | |
Invesco Oppenheimer Main Street Fund® | May 24, 2019 | |
Invesco Oppenheimer Main Street All Cap Fund® | May 24, 2019 | |
Invesco Oppenheimer Rising Dividends Fund | May 24, 2019 | |
Invesco Summit Fund | April 30, 2008 |
A-1
APPENDIX B
COMPENSATION TO THE ADVISOR
The Trust shall pay the Adviser, out of the assets of each Fund, as full compensation for all services rendered, an advisory fee for such Funds as set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Funds for the calendar year computed in the manner used for the determination of the net asset value of shares of such Funds.
Invesco Charter Fund
Net Assets |
Annual Rate | |||
First $250 million |
0.695 | % | ||
Next $4.05 billion |
0.615 | % | ||
Next $3.9 billion |
0.57 | % | ||
Next $1.8 billion |
0.545 | % | ||
Over $10 billion |
0.52 | % |
Invesco Diversified Dividend Fund
Net Assets |
Annual Rate | |||
First $350 million |
0.60 | % | ||
Next $350 million |
0.55 | % | ||
Next $1.3 billion |
0.50 | % | ||
Next $2 billion |
0.45 | % | ||
Next $2 billion |
0.40 | % | ||
Next $2 billion |
0.375 | % | ||
Over $8 billion |
0.35 | % |
Invesco Oppenheimer Main Street Fund®*
Net Assets |
Annual Rate | |||
First $200 million |
0.65 | % | ||
Next $150 million |
0.60 | % | ||
Next $150 million |
0.55 | % | ||
Next $9.5 billion |
0.45 | % | ||
Over $10 billion |
0.43 | % |
Invesco Oppenheimer Main Street All Cap Fund®*
Net Assets |
Annual Rate | |||
First $200 million |
0.75 | % | ||
Next $200 million |
0.72 | % | ||
Next $200 million |
0.69 | % | ||
Next $200 million |
0.66 | % | ||
Next 4.2 billion |
0.60 | % | ||
Over $5 billion |
0.58 | % |
* | The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc. |
B-1
Invesco Oppenheimer Rising Dividends Fund*
Net Assets |
Annual Rate | |||
First $800 million |
0.65 | % | ||
Next $700 million |
0.60 | % | ||
Next $1 billion |
0.58 | % | ||
Next $2.5 billion |
0.56 | % | ||
Next $5 billion |
0.54 | % | ||
Over $10 billion |
0.52 | % |
Invesco Summit Fund
Net Assets |
Annual Rate | |||
First $10 million |
1.00 | % | ||
Over $10 million up to and including $150 million |
0.75 | % | ||
Over $150 million |
0.625 | % |
B-2
AMENDMENT NO. 1
TO
AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of September 30, 2020, amends the Amended and Restated Master Investment Advisory Agreement (the Agreement) dated July 1, 2020, between AIM Equity Funds (Invesco Equity Funds), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to change the following Funds names:
FUND NAME | NEW FUND NAME | |
Invesco Oppenheimer Main Street All Cap Fund | Invesco Main Street All Cap Fund | |
Invesco Oppenheimer Main Street Fund | Invesco Main Street Fund | |
Invesco Oppenheimer Rising Dividends Fund | Invesco Rising Dividends Fund; |
NOW, THEREFORE, the parties agree that:
1. | Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following: |
APPENDIX A
FUNDS AND EFFECTIVE DATES
Name of Fund |
Effective Date of Advisory Agreement | |
Invesco Charter Fund | June 1, 2000 | |
Invesco Diversified Dividend Fund | December 28, 2001 | |
Invesco Main Street Fund® | May 24, 2019 | |
Invesco Main Street All Cap Fund® | May 24, 2019 | |
Invesco Rising Dividends Fund | May 24, 2019 | |
Invesco Summit Fund | April 30, 2008 |
APPENDIX B
COMPENSATION TO THE ADVISOR
The Trust shall pay the Adviser, out of the assets of each Fund, as full compensation for all services rendered, an advisory fee for such Funds as set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Funds for the calendar year computed in the manner used for the determination of the net asset value of shares of such Funds.
Invesco Charter Fund
Net Assets |
Annual Rate | |||
First $250 million |
0.695 | % | ||
Next $4.05 billion |
0.615 | % | ||
Next $3.9 billion |
0.57 | % | ||
Next $1.8 billion |
0.545 | % | ||
Over $10 billion |
0.52 | % |
Invesco Diversified Dividend Fund
Net Assets |
Annual Rate | |||
First $350 million |
0.60 | % | ||
Next $350 million |
0.55 | % | ||
Next $1.3 billion |
0.50 | % | ||
Next $2 billion |
0.45 | % | ||
Next $2 billion |
0.40 | % | ||
Next $2 billion |
0.375 | % | ||
Over $8 billion |
0.35 | % |
Invesco Main Street Fund®*
Net Assets |
Annual Rate | |||
First $200 million |
0.65 | % | ||
Next $150 million |
0.60 | % | ||
Next $150 million |
0.55 | % | ||
Next $9.5 billion |
0.45 | % | ||
Over $10 billion |
0.43 | % |
Invesco Main Street All Cap Fund®*
Net Assets |
Annual Rate | |||
First $200 million |
0.75 | % | ||
Next $200 million |
0.72 | % | ||
Next $200 million |
0.69 | % | ||
Next $200 million |
0.66 | % | ||
Next 4.2 billion |
0.60 | % | ||
Over $5 billion |
0.58 | % |
* | The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc. |
2
Invesco Rising Dividends Fund*
Net Assets |
Annual Rate | |||
First $800 million |
0.65 | % | ||
Next $700 million |
0.60 | % | ||
Next $1 billion |
0.58 | % | ||
Next $2.5 billion |
0.56 | % | ||
Next $5 billion |
0.54 | % | ||
Over $10 billion |
0.52 | % |
Invesco Summit Fund
Net Assets |
Annual Rate | |||
First $10 million |
1.00 | % | ||
Over $10 million up to and including $150 million |
0.75 | % | ||
Over $150 million |
0.625 | % |
2. | In all other respects, the Agreement is hereby confirmed and remains in full force and effect. |
3
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.
AIM EQUITY FUNDS | ||
(INVESCO EQUITY FUNDS) | ||
By: | /s/ Jeffrey H. Kupor | |
Jeffrey H. Kupor | ||
Secretary, Senior Vice President and | ||
Chief Legal Officer | ||
INVESCO ADVISERS, INC. | ||
By: | /s/ Jeffrey H. Kupor | |
Jeffrey H. Kupor | ||
Senior Vice President & Secretary |
4
AMENDMENT NO. 8
TO
MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS
This Amendment dated as of April 17, 2020, amends the Master Intergroup Sub-Advisory Contract for Mutual Funds (the Contract), dated May 1, 2008, between Invesco Advisers, Inc. (the Adviser), on behalf of AIM Equity Funds (Invesco Equity Funds), and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Hong Kong Limited and Invesco Senior Secured Management, Inc. (each a Sub-Adviser and, collectively, the Sub-Advisers).
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Contract to remove Invesco Oppenheimer Dividend Opportunity Fund;
NOW, THEREFORE, the parties agree that;
1. | Exhibit A to the Contract is hereby deleted in its entirety and replaced with the following: |
EXHIBIT A
Funds
Invesco Charter Fund
Invesco Diversified Dividend Fund
Invesco Oppenheimer Main Street Fund®
Invesco Oppenheimer Main Street All Cap Fund®
Invesco Oppenheimer Rising Dividends Fund
Invesco Summit Fund
2. | All other terms and provisions of the Contract not amended shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.
INVESCO ADVISERS, INC. | ||
Adviser | ||
By: | /s/ Jeffrey H. Kupor | |
Name: Jeffrey H. Kupor | ||
Title: Senior Vice President |
INVESCO CANADA LTD. | ||
Sub-Adviser | ||
By: | /s/ Harsh Damani | |
Name: | Harsh Damani | |
Title: | CFO, Funds |
INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH | ||
Sub-Adviser | ||
By: | /s/ Bernhard Langer /s/ Alexander Taft | |
Name: Bernhard Langer Alexander Taft | ||
Title: DIRECTOR |
INVESCO ASSET MANAGEMENT LIMITED | ||
Sub-Adviser | ||
By: | /s/ Colin Fitzgerald | |
Name: | Colin Fitzgerald | |
Title: | DIRECTOR |
INVESCO ASSET MANAGEMENT (JAPAN) LTD. | ||
Sub-Adviser | ||
By: | /s/ Takashi Matsuo | |
Name: | Takashi Matsuo | |
Title: | CAO & Head of Human Resources |
INVESCO HONG KONG LIMITED | ||
Sub-Adviser | ||
By: | /s/ Lee Siu Mei /s/ Pang Sin Chu | |
Name: | Lee Siu Mei Pang Sin Chu | |
Title: | Authorized Signatories |
INVESCO SENIOR SECURED MANAGEMENT, INC. | ||
Sub-Adviser | ||
By: | /s/ Stephen Swanson | |
Name | : Stephen Swanson | |
Title: | Secretary and General Counsel |
AMENDED AND RESTATED MASTER INTERGROUP SUB-ADVISORY CONTRACT
FOR MUTUAL FUNDS
This AMENDED AND RESTATED MASTER INTERGROUP SUB-ADVISORY CONTRACT (Contract) is made as of the 1st day of July, 2020, by and among Invesco Advisers, Inc. (the Adviser) and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc. (each a Sub-Adviser and, collectively, the Sub-Advisers), and amends and restates the prior Contract between the Adviser and the Sub-Advisers dated May 1, 2008, as amended to date.
WHEREAS:
A) | The Adviser has entered into an investment advisory agreement with AIM Equity Funds (Invesco Equity Funds) (the Trust), an open-end management investment company registered under the Investment Company Act of 1940, as amended (the 1940 Act), with respect to the funds set forth in Exhibit A attached hereto (each a Fund); |
B) | The Adviser is authorized to delegate certain, any or all of its rights, duties and obligations under investment advisory agreements to sub-advisers, including sub-advisers that are affiliated with the Adviser; |
C) | Each Sub-Adviser represents that it is registered with the U.S. Securities and Exchange Commission (SEC) as an investment adviser under the Investment Advisers Act of 1940 (Advisers Act) as an investment adviser, or will be so registered prior to providing any services to any of the Funds under this Contract, and engages in the business of acting as an investment adviser; and |
D) | The Sub-Advisers and their affiliates have personnel in various locations throughout the world and have been formed in part for the purpose of researching and compiling information and recommendations on the economies of various countries and securities of issuers located in such countries or on various types of investments and investment techniques, and providing investment advisory services in connection therewith. |
NOW THEREFORE, in consideration of the promises and the mutual covenants herein contained, it is agreed between the parties hereto as follows:
1. Appointment. The Adviser hereby appoints each Sub-Adviser as a sub-adviser of each Fund for the period and on the terms set forth herein. Each Sub-Adviser accepts such appointment and agrees to render the services herein set forth, for the compensation herein provided.
2. Duties as Sub-Adviser. Subject to paragraph 7 below, the Adviser may, in its discretion, appoint each Sub-Adviser to perform one or more of the following services with respect to all or a portion of the investments of each Fund. The services and the portion of the investments of each Fund to be advised or managed by each Sub-Adviser shall be as agreed upon from time to time by the Adviser and the Sub-Advisers. Each Sub-Adviser shall pay the salaries and fees of all personnel of such Sub-Adviser performing services for the Funds related to research, statistical and investment activities.
(a) Investment Advice. If and to the extent requested by the Adviser, each Sub-Adviser shall provide investment advice to one or more of the Funds and the Adviser with respect to all or a portion of the investments of such Fund(s) or with respect to various investment techniques, and in connection with such advice shall furnish such Fund(s) and the Adviser with such factual information, research reports and investment recommendations as the Adviser may reasonably require.
(b) Order Execution. If and to the extent requested by the Adviser, each Sub-Adviser shall place orders for the purchase and sale of portfolio securities or other investments for one or more of the Funds. In so doing, each Sub-Adviser agrees that it shall comply with paragraph 3 below.
(c) Discretionary Investment Management. If and to the extent requested by the Adviser, each Sub-Adviser shall, subject to the supervision of the Trusts Board of Trustees (the Board) and the Adviser, manage all or a portion of the investments of one or more of the Funds in accordance with the investment objectives, policies and limitations provided in the Trusts Registration Statement and such other limitations as the Trust or the Adviser may impose with respect to such Fund(s) by notice to the applicable Sub-Adviser(s) and otherwise in accordance with paragraph 5 below. With respect to the portion of the investments of a Fund under its management, each Sub-Adviser is authorized to: (i) make investment decisions on behalf of the Fund with regard to any stock, bond, other security or investment instrument, including but not limited to foreign currencies, futures, options and other derivatives, and with regard to borrowing money; (ii) place orders for the purchase and sale of securities or other investment instruments with such brokers and dealers as the Sub-Adviser may select; and (iii) upon the request of the Adviser, provide additional investment management services to the Fund, including but not limited to managing the Funds cash and cash equivalents and lending securities on behalf of the Fund. In selecting brokers or dealers to execute trades for the Funds, each Sub-Adviser will comply with its written policies and procedures regarding brokerage and trading, which policies and procedures shall have been approved by the Board. All discretionary investment management and any other activities of each Sub-Adviser shall at all times be subject to the control and direction of the Adviser and the Board.
3. Broker-Dealer Relationships. Each Sub-Adviser agrees that, in placing orders with brokers and dealers, it will attempt to obtain the best net result in terms of price and execution. Consistent with this obligation, each Sub-Adviser may, in its discretion, purchase and sell portfolio securities from and to brokers and dealers who sell shares of the Funds or provide the Funds, the Advisers other clients, or a Sub-Advisers other clients with research, analysis, advice and similar services. Each Sub-Adviser may pay to brokers and dealers, in return for such research and analysis, a higher commission or spread than may be charged by other brokers and dealers, subject to such Sub-Adviser determining in good faith that such commission or spread is reasonable in terms either of the particular transaction or of the overall responsibility of the Adviser and such Sub-Adviser to the Funds and their other clients and that the total commissions or spreads paid by each Fund will be reasonable in relation to the benefits to the Fund over the long term. In no instance will portfolio securities be purchased from or sold to a Sub-Adviser, or any affiliated person thereof, except in accordance with the applicable securities laws and the rules and regulations thereunder and any exemptive orders currently in effect. Whenever a Sub-Adviser simultaneously places orders to purchase or sell the same security on behalf of a Fund and one or more other accounts advised by such Sub-Adviser, such orders will be allocated as to price and amount among all such accounts in a manner believed to be equitable to each account.
4. Books and Records. Each Sub-Adviser will maintain all required books and records with respect to the securities transactions of the Funds, and will furnish the Board and the Adviser with such periodic and special reports as the Board or the Adviser reasonably may request. Each Sub-Adviser hereby agrees that all records which it maintains for the Adviser are the property of the Adviser, and agrees to preserve for the periods prescribed by applicable law any records which it maintains for the Adviser and which are required to be maintained, and further agrees to surrender promptly to the Adviser any records which it maintains for the Adviser upon request by the Adviser.
5. Further Duties.
(a) In all matters relating to the performance of this Contract, each Sub-Adviser will act in conformity with the Agreement and Declaration of Trust, By-Laws and Registration Statement of the Trust and with the instructions and directions of the Adviser and the Board and will comply with the requirements of the 1940 Act, the rules, regulations, exemptive orders and no-action positions thereunder, and all other applicable laws and regulations.
(b) Each Sub-Adviser shall maintain compliance procedures for the Funds that it and the Adviser reasonably believe are adequate to ensure compliance with the federal securities laws (as defined in Rule 38a-1 of the 1940 Act) and the investment objective(s) and policies as stated in the Funds prospectuses and statement of additional information. Each Sub-Adviser at its expense will provide the Adviser or the Trusts Chief Compliance Officer with such compliance reports relating to its duties under this Contract as may be requested from time to time. Notwithstanding the foregoing, each
Sub-Adviser will promptly report to the Adviser any material violations of the federal securities laws (as defined in Rule 38a-1 of the 1940 Act) that it is or should be aware of or of any material violation of the Sub-Advisers compliance policies and procedures that pertain to the Funds.
(c) Each Sub-Adviser at its expense will make available to the Board and the Adviser at reasonable times its portfolio managers and other appropriate personnel, either in person or, at the mutual convenience of the Adviser and the Sub-Adviser, by telephone, in order to review the investment policies, performance and other investment related information regarding the Funds and to consult with the Board and the Adviser regarding the Funds investment affairs, including economic, statistical and investment matters related to the Sub-Advisers duties hereunder, and will provide periodic reports to the Adviser relating to the investment strategies it employs. Each Sub-Adviser and its personnel shall also cooperate fully with counsel and auditors for, and the Chief Compliance Officer of, the Adviser and the Trust.
(d) Each Sub-Adviser will assist in the fair valuation of portfolio securities held by the Funds. The Sub-Adviser will use its reasonable efforts to provide, based upon its own expertise, and to arrange with parties independent of the Sub-Adviser such as broker-dealers for the provision of, valuation information or prices for securities for which prices are deemed by the Adviser or the Trusts administrator not to be readily available in the ordinary course of business from an automated pricing service. In addition, each Sub-Adviser will assist the Funds and their agents in determining whether prices obtained for valuation purposes accurately reflect market price information relating to the assets of the Funds at such times as the Adviser shall reasonably request, including but not limited to, the hours after the close of a securities market and prior to the daily determination of a Funds net asset value per share.
(e) Each Sub-Adviser represents and warrants that it has adopted a code of ethics meeting the requirements of Rule 17j-1 under the 1940 Act and the requirements of Rule 204A-1 under the Advisers Act and has provided the Adviser and the Board a copy of such code of ethics, together with evidence of its adoption, and will promptly provide copies of any changes thereto, together with evidence of their adoption. Upon request of the Adviser, but in any event no less frequently than annually, each Sub-Adviser will supply the Adviser a written report that (A) describes any issues arising under the code of ethics or procedures since the Sub-Advisers last report, including but not limited to material violations of the code of ethics or procedures and sanctions imposed in response to the material violations; and (B) certifies that the procedures contained in the Sub-Advisers code of ethics are reasonably designed to prevent access persons from violating the code of ethics.
(f) Upon request of the Adviser, each Sub-Adviser will review draft reports to shareholders and other documents provided or available to it and provide comments on a timely basis. In addition, each Sub-Adviser and each officer and portfolio manager thereof designated by the Adviser will provide on a timely basis such certifications or sub-certifications as the Adviser may reasonably request in order to support and facilitate certifications required to be provided by the Trusts Principal Executive Officer and Principal Financial Officer and will adopt such disclosure controls and procedures in support of the disclosure controls and procedures adopted by the Trust as the Adviser, on behalf of the Trust, deems are reasonably necessary.
(g) Unless otherwise directed by the Adviser or the Board, each Sub-Adviser will vote all proxies received in accordance with the Advisers proxy voting policy or, if the Sub-Adviser has a proxy voting policy approved by the Board, the Sub-Advisers proxy voting policy. Each Sub-Adviser shall maintain and shall forward to the Funds or their designated agent such proxy voting information as is necessary for the Funds to timely file proxy voting results in accordance with Rule 30b1-4 of the 1940 Act.
(h) Each Sub-Adviser shall provide the Funds custodian on each business day with information relating to all transactions concerning the assets of the Funds and shall provide the Adviser with such information upon request of the Adviser.
6. Services Not Exclusive. The services furnished by each Sub-Adviser hereunder are not to be deemed exclusive and such Sub-Adviser shall be free to furnish similar services to others so long as its services under this Contract are not impaired thereby. Nothing in this Contract shall limit or restrict the
right of any director, officer or employee of a Sub-Adviser, who may also be a Trustee, officer or employee of the Trust, to engage in any other business or to devote his or her time and attention in part to the management or other aspects of any other business, whether of a similar nature or a dissimilar nature.
7. Use of Subsidiaries and Affiliates. Each Sub-Adviser may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, including each of the other Sub-Advisers, as such Sub-Adviser shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or interested persons (as defined in the 1940 Act) of a party to this Contract, other than as Board members (Independent Trustees), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that Funds outstanding voting securities.
8. Compensation.
(a) The only fees payable to the Sub-Advisers under this Contract are for providing discretionary investment management services pursuant to paragraph 2(c) above. For such services, the Adviser will pay each Sub-Adviser a fee, computed daily and paid monthly, equal to (i) 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust, multiplied by (ii) the fraction equal to the net assets of such Fund as to which the Sub-Adviser shall have provided discretionary investment management services pursuant to paragraph 2(c) above for that month divided by the net assets of such Fund for that month. This fee shall be payable on or before the last business day of the next succeeding calendar month. This fee shall be reduced to reflect contractual or voluntary fee waivers or expense limitations by the Adviser, if any, in effect from time to time as set forth in paragraph 9 below. In no event shall the aggregate monthly fees paid to the Sub-Advisers under this Contract exceed 40% of the monthly compensation that the Adviser receives from the Trust pursuant to its advisory agreement with the Trust, as reduced to reflect contractual or voluntary fee waivers or expense limitations by the Adviser, if any.
(b) If this Contract becomes effective or terminates before the end of any month, the fees for the period from the effective date to the end of the month or from the beginning of such month to the date of termination, as the case may be, shall be prorated according to the proportion which such period bears to the full month in which such effectiveness or termination occurs.
(c) If a Sub-Adviser provides the services under paragraph 2(c) above to a Fund for a period that is less than a full month, the fees for such period shall be prorated according to the proportion which such period bears to the applicable full month.
9. Fee Waivers and Expense Limitations. If, for any fiscal year of a Fund, the amount of the advisory fee which such Fund would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Fund as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
10. Limitation of Liability of Sub-Adviser and Indemnification. No Sub-Adviser shall be liable for any costs or liabilities arising from any error of judgment or mistake of law or any loss suffered by a Fund or the Trust in connection with the matters to which this Contract relates except a loss resulting from willful misfeasance, bad faith or gross negligence on the part of such Sub-Adviser in the performance by such Sub-Adviser of its duties or from reckless disregard by such Sub-Adviser of its obligations and duties under this Contract. Any person, even though also an officer, partner, employee, or agent of a Sub-Adviser, who may be or become a Trustee, officer, employee or agent of the Trust, shall be deemed,
when rendering services to a Fund or the Trust or acting with respect to any business of a Fund or the Trust, to be rendering such service to or acting solely for the Fund or the Trust and not as an officer, partner, employee, or agent or one under the control or direction of such Sub-Adviser even though paid by it.
11. Duration and Termination.
(a) This Contract shall become effective with respect to each Sub-Adviser upon the later of the date hereabove written and the date that such Sub-Adviser is registered with the SEC as an investment adviser under the Advisers Act, if a Sub-Adviser is not so registered as of the date hereabove written; provided, however, that this Contract shall not take effect with respect to any Fund unless it has first been approved (i) by a vote of a majority of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (ii) by vote of a majority of that Funds outstanding voting securities, when required by the 1940 Act.
(b) Unless sooner terminated as provided herein, this Contract shall continue in force and effect until June 30, 2021. Thereafter, if not terminated, with respect to each Fund, this Contract shall continue automatically for successive periods not to exceed twelve months each, provided that such continuance is specifically approved at least annually (i) by a vote of a majority of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (ii) by the Board or by vote of a majority of the outstanding voting securities of that Fund.
(c) Notwithstanding the foregoing, with respect to any Fund(s) or any Sub-Adviser(s), this Contract may be terminated at any time, without the payment of any penalty, (i) by vote of the Board or by a vote of a majority of the outstanding voting securities of such Fund(s) on sixty days written notice to such Sub-Adviser(s); or (ii) by the Adviser on sixty days written notice to such Sub-Adviser(s); or (iii) by a Sub-Adviser on sixty days written notice to the Trust. Should this Contract be terminated with respect to a Sub-Adviser, the Adviser shall assume the duties and responsibilities of such Sub-Adviser unless and until the Adviser appoints another Sub-Adviser to perform such duties and responsibilities. Termination of this Contract with respect to one or more Fund(s) or Sub-Adviser(s) shall not affect the continued effectiveness of this Contract with respect to any remaining Fund(s) or Sub-Adviser(s). This Contract will automatically terminate in the event of its assignment.
12. Amendment. No provision of this Contract may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the party against which enforcement of the change, waiver, discharge or termination is sought, and, when required by the 1940 Act, no amendment of this Contract shall be effective until approved by vote of a majority of the Funds outstanding voting securities.
13. Notices. Any notices under this Contract shall be in writing, addressed and delivered, telecopied or mailed postage paid, to the other party entitled to receipt thereof at such address as such party may designate for the receipt of such notice. Until further notice to the other party, it is agreed that the address of the Trust and the Adviser shall be 11 Greenway Plaza, Suite 1000, Houston, Texas 77046-1173. Until further notice to the other party, it is agreed that the address of each Sub-Adviser shall be set forth in Exhibit B attached hereto.
14. Governing Law. This Contract shall be construed in accordance with the laws of the State of Texas and the 1940 Act. To the extent that the applicable laws of the State of Texas conflict with the applicable provisions of the 1940 Act, the latter shall control.
15. Multiple Sub-Advisory Agreements. This Contract has been signed by multiple parties; namely the Adviser, on one hand, and each Sub-Adviser, on the other. The parties have signed one document for administrative convenience to avoid a multiplicity of documents. It is understood and agreed that this document shall constitute a separate sub-advisory agreement between the Adviser and each Sub-Adviser with respect to each Fund, as if the Adviser and such Sub-Adviser had executed a separate sub-advisory agreement naming such Sub-Adviser as a sub-adviser to each Fund. With respect to any one Sub-Adviser, (i) references in this Contract to a Sub-Adviser or to each Sub-Adviser shall be deemed to
refer only to such Sub-Adviser, and (ii) the term this Contract shall be construed according to the foregoing provisions.
16. Miscellaneous. The captions in this Contract are included for convenience of reference only and in no way define or delimit any of the provisions hereof or otherwise affect their construction or effect. If any provision of this Contract shall be held or made invalid by a court decision, statute, rule or otherwise, the remainder of this Contract shall not be affected thereby. This Contract shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors. Any question of interpretation of any term or provision of this Contract having a counterpart in or otherwise derived from a term or provision of the 1940 Act or the Advisers Act shall be resolved by reference to such term or provision of the 1940 Act or the Advisers Act and to interpretations thereof, if any, by the United States Courts or in the absence of any controlling decision of any such court, by rules, regulations or orders of the SEC issued pursuant to said Acts. In addition, where the effect of a requirement of the 1940 Act or the Advisers Act reflected in any provision of the Contract is revised by rule, regulation or order of the SEC, such provision shall be deemed to incorporate the effect of such rule, regulation or order.
IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.
INVESCO ADVISERS, INC. | INVESCO CANADA LTD. | |||||||
Adviser | Sub-Adviser | |||||||
By: | /s/ Jeffrey H. Kupor |
By: | /s/ Harsh Damini | |||||
Name: Jeffrey H. Kupor | Name: Harsh Damani | |||||||
Title: Senior Vice President & Secretary | Title: CFO, Funds |
INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH | ||
Sub-Adviser | ||
By: | /s/ Bernhard Langer /s/ Alexander Taft | |
Name: Bernhard Langer Alexander Taft | ||
Title: DIRECTOR | ||
INVESCO ASSET MANAGEMENT LIMITED | ||
Sub-Adviser | ||
By: | /s/ Colin Fitzgerald | |
Name: Colin Fitzgerald | ||
Title: DIRECTOR | ||
INVESCO ASSET MANAGEMENT (JAPAN) LIMITED | ||
Sub-Adviser | ||
By: | /s/ Takashi Matsuo | |
Name: Takashi Matsuo | ||
Title: CAO & Head of Human Resources |
INVESCO HONG KONG LIMITED | ||
Sub-Adviser | ||
By: | /s/ Lee Siu Mei /s/ Pang Sin Chu | |
Name: Lee Siu Mei/Pang Sin Chu | ||
Title: Head of Finance, GC/ Director, GDS, AP | ||
INVESCO SENIOR SECURED MANAGEMENT, INC. | ||
Sub-Adviser | ||
By: | /s/ Stephen Swanson | |
Name: Stephen Swanson | ||
Title: Secretary and General Counsel |
EXHIBIT A
Funds
Invesco Charter Fund
Invesco Diversified Dividend Fund
Invesco Oppenheimer Main Street Fund®
Invesco Oppenheimer Main Street All Cap Fund®
Invesco Oppenheimer Rising Dividends Fund
Invesco Summit Fund
EXHIBIT B
Addresses of Sub-Advisers
Invesco Asset Management Deutschland GmbH
An der Welle 5
1st Floor
Frankfurt, Germany 60313
Invesco Asset Management Limited
Perpetual Park
Perpetual Park Drive
Henley-on-Thames
Oxfordshire
RG9 1HH
United Kingdom
Invesco Asset Management (Japan) Limited
Roppongi Hills Mori Tower 14F
6-10-1 Roppongi, Minato-ku, Tokyo 106-6114
Invesco Hong Kong Limited
41/F Champion Tower
Three Garden Road, Central
Hong Kong
Invesco Senior Secured Management, Inc.
1166 Avenue of the Americas
New York, NY 10036
Invesco Canada Ltd.
5140 Yonge Street
Suite 900
Toronto, Ontario
Canada M2N 6X7
AMENDMENT NO. 1
TO
AMENDED AND RESTATED MASTER INTERGROUP SUB-ADVISORY CONTRACT
FOR MUTUAL FUNDS
This Amendment dated as of September 30, 2020, amends the Amended and Restated Master Intergroup Sub-Advisory Contract for Mutual Funds (the Contract), dated July 1, 2020, between Invesco Advisers, Inc. (the Adviser) and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Hong Kong Limited and Invesco Senior Secured Management, Inc. (each a Sub-Adviser and, collectively, the Sub-Advisers).
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Contract to change the following Funds names:
FUND NAME | NEW FUND NAME | |
Invesco Oppenheimer Main Street All Cap Fund | Invesco Main Street All Cap Fund | |
Invesco Oppenheimer Main Street Fund | Invesco Main Street Fund | |
Invesco Oppenheimer Rising Dividends Fund | Invesco Rising Dividends Fund; |
NOW, THEREFORE, the parties agree that;
1. | Exhibit A to the Contract is hereby deleted in its entirety and replaced with the following: |
EXHIBIT A
Funds
Invesco Charter Fund
Invesco Diversified Dividend Fund
Invesco Main Street Fund®
Invesco Main Street All Cap Fund®
Invesco Rising Dividends Fund
Invesco Summit Fund
2. | All other terms and provisions of the Contract not amended shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.
INVESCO ADVISERS, INC. | ||
Adviser | ||
By: | /s/ Jeffrey H. Kupor | |
Name: Jeffrey H. Kupor | ||
Title: Senior Vice President |
INVESCO CANADA LTD. | ||
Sub-Adviser | ||
By: | /s/ Harsh Damani | |
Name: Harsh Damani | ||
Title: CFO, Funds |
INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH | ||
Sub-Adviser | ||
By: | /s/ Alexander Taft /s/ Doris Pittlinger | |
Name: Alexander Taft Doris Pittlinger | ||
Title: DIRECTOR |
INVESCO ASSET MANAGEMENT LIMITED | ||
Sub-Adviser | ||
By: | /s/ Colin Fitzgerald | |
Name: Colin Fitzgerald | ||
Title: DIRECTOR |
INVESCO ASSET MANAGEMENT (JAPAN) LTD. | ||
Sub-Adviser | ||
By: | /s/ Takashi Matsuo | |
Name: Takashi Matsuo | ||
Title: CAO & Head of Human Resources |
INVESCO HONG KONG LIMITED | ||
Sub-Adviser | ||
By: | /s/ Lee Siu Mei /s/ Pang Sin Chu | |
Name: Lee Siu Mei/Pang Sin Chu | ||
Title: Head of Finance, GC/ Director, GDS, AP |
INVESCO SENIOR SECURED MANAGEMENT, INC. | ||
Sub-Adviser | ||
By: | /s/ Stephen Swanson | |
Name: Stephen Swanson | ||
Title: Secretary and General Counsel |
AMENDMENT NO. 4
TO THE
AMENDED AND RESTATED SUB-ADVISORY CONTRACT
This Amendment dated as of December 22, 2020, amends the Amended and Restated Sub-Advisory Contract (the Contract), dated July 1, 2020, between Invesco Advisers, Inc. (the Adviser) and Invesco Capital Management LLC (the Sub-Adviser).
WHEREAS, the parties agree to amend the Agreement to remove Invesco All Cap Market Neutral Fund, a series portfolio of AIM Investment Funds (Invesco Investment Funds) and Invesco Select Opportunities Fund, a series portfolio of AIM International Mutual Funds (Invesco International Mutual Funds), effective December 22, 2020;
NOW THEREFORE, in consideration of the promises and the mutual covenants herein contained, it is agreed between the parties hereto as follows:
1. | Exhibit A to the Contract is hereby deleted in its entirety and replaced with the following: |
EXHIBIT A
AIM Counselor Series Trust (Invesco Counselor Series Trust)
Invesco Capital Appreciation Fund Invesco Discovery Fund
Invesco Equally-Weighted S&P 500 Fund
Invesco Floating Rate ESG Fund
Invesco Master Loan Fund
Invesco NASDAQ 100 Index Fund
Invesco Senior Floating Rate Fund
Invesco Senior Floating Rate Plus Fund
Invesco Short Term Municipal Fund
Invesco Short Duration High Yield Municipal Fund
AIM Equity Funds (Invesco Equity Funds)
Invesco Main Street Fund®
Invesco Main Street All Cap Fund®
Invesco Rising Dividends Fund
AIM Funds Group (Invesco Funds Group)
Invesco European Small Company Fund
Invesco Small Cap Equity Fund
AIM Growth Series (Invesco Growth Series)
Invesco Active Allocation Fund
Invesco Balanced-Risk Retirement Now Fund
Invesco Convertible Securities Fund
Invesco International Diversified Fund
Invesco Main Street Mid Cap Fund®
Invesco Main Street Small Cap Fund®
Invesco Master Event-Linked Bond Fund
Invesco Peak Retirement 2015 Fund
Invesco Peak Retirement 2020 Fund
Invesco Peak Retirement 2025 Fund
Invesco Peak Retirement 2030 Fund
Invesco Peak Retirement 2035 Fund
1
Invesco Peak Retirement 2040 Fund
Invesco Peak Retirement 2045 Fund
Invesco Peak Retirement 2050 Fund
Invesco Peak Retirement 2055 Fund
Invesco Peak Retirement 2060 Fund
Invesco Peak Retirement 2065 Fund
Invesco Peak Retirement Now Fund
Invesco Quality Income Fund
Invesco Select Risk: Conservative Investor Fund
Invesco Select Risk: High Growth Investor Fund
Invesco Select Risk: Moderate Investor Fund
Invesco Small Cap Growth Fund
AIM International Mutual Funds (Invesco International Mutual Funds)
Invesco Advantage International Fund
Invesco European Growth Fund
Invesco International Core Equity Fund
Invesco International Growth Fund
Invesco International Select Equity Fund
Invesco MSCI World SRI Index Fund
Invesco Global Focus Fund
Invesco Global Fund
Invesco Global Opportunities Fund
Invesco International Equity Fund
Invesco International Small-Mid Company Fund
Invesco Oppenheimer International Growth Fund
AIM Investment Funds (Invesco Investment Funds)
Invesco Balanced-Risk Allocation Fund
Invesco Balanced-Risk Commodity Strategy Fund
Invesco Core Bond Fund
Invesco Developing Markets Fund
Invesco Discovery Mid Cap Growth Fund
Invesco Emerging Markets All Cap Fund
Invesco Emerging Markets Innovators Fund
Invesco Emerging Markets Local Debt Fund
Invesco Emerging Markets Select Equity Fund
Invesco Endeavor Fund Invesco Fundamental Alternatives Fund
Invesco Global Allocation Fund
Invesco Global Infrastructure Fund
Invesco Global Strategic Income Fund
Invesco Global Targeted Returns Fund
Invesco International Bond Fund
Invesco Macro Allocation Strategy Fund
Invesco Multi-Asset Income Fund
Invesco SteelPath MLP Alpha Fund
Invesco SteelPath MLP Alpha Plus Fund
Invesco SteelPath MLP Income Fund
Invesco SteelPath MLP Select 40 Fund
Invesco U.S. Managed Volatility Fund
AIM Investment Securities Funds (Invesco Investment Securities Fund)
Invesco Global Real Estate Fund
Invesco High Yield Bond Factor Fund
Invesco High Yield Fund
Invesco Intermediate Bond Factor Fund
2
Invesco U.S.Government Money Portfolio
AIM Sector Funds (Invesco Sector Funds)
Invesco Comstock Select Fund
Invesco Gold & Special Minerals Fund
AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)
Invesco AMT-Free Municipal Income Fund
Invesco California Municipal Fund
Invesco Environmental Focus Municipal Fund
Invesco High Yield Municipal Fund
Invesco Intermediate Term Municipal Income Fund
Invesco Limited Term California Municipal Fund
Invesco Limited Term Municipal Income Fund
Invesco Municipal Income Fund
Invesco New Jersey Municipal Fund
Invesco Pennsylvania Municipal Fund
Invesco Rochester® AMT-Free New York Municipal Fund
Invesco Rochester® Municipal Opportunities Fund
Invesco Rochester® Limited Term New York Municipal Fund
Invesco Rochester® New York Municipals Fund
AIM Treasurers Series Trust (Invesco Treasurers Series Trust)
Invesco Premier Portfolio
Invesco Premier Tax-Exempt Portfolio
AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
Invesco Oppenheimer V.I. Capital Appreciation Fund
Invesco Oppenheimer V.I. Conservative Balanced Fund
Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund
Invesco Oppenheimer V.I. Global Fund
Invesco Oppenheimer V.I. Global Strategic Income Fund
Invesco Oppenheimer V.I. Government Money Fund
Invesco Oppenheimer V.I. International Growth Fund
Invesco Oppenheimer V.I. Main Street Fund®
Invesco Oppenheimer V.I. Main Street Small Cap Fund®
Invesco Oppenheimer V.I. Total Return Bond Fund
Invesco V.I. American Franchise Fund
Invesco V.I. American Value Fund
Invesco V.I. Balanced-Risk Allocation Fund
Invesco V.I. Comstock Fund
Invesco V.I. Core Equity Fund
Invesco V.I. Core Plus Bond Fund
Invesco V.I. Diversified Dividend Fund
Invesco V.I. Equally-Weighted S&P 500 Fund
Invesco V.I. Equity and Income Fund
Invesco V.I. Global Core Equity Fund
Invesco V.I. Health Care Fund
Invesco V.I. Global Real Estate Fund
Invesco V.I. Government Money Market Fund
Invesco V.I. Government Securities Fund
Invesco V.I. Growth and Income Fund
Invesco V.I. High Yield Fund
Invesco V.I. International Growth Fund
Invesco V.I. Managed Volatility Fund
Invesco V.I. Mid Cap Core Equity Fund
Invesco V.I. S&P 500 Index Fund
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Invesco V.I. Small Cap Equity Fund
Invesco V.I. Technology Fund
Invesco V.I. Value Opportunities Fund
Invesco Exchange Fund
Invesco Management Trust
Invesco Conservative Income Fund
Invesco Securities Trust
Invesco Balanced-Risk Aggressive Allocation Fund
Short-Term Investments Trust
Invesco Government & Agency Portfolio
Invesco Tax-Free Cash Reserve Portfolio
Invesco Treasury Obligations Portfolio
2. | All other terms and provisions of the Contract not amended shall remain in full force and effect. |
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IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.
INVESCO ADVISERS, INC. | ||
Adviser |
By: | /s/ Jeffrey H. Kupor |
Name: Jeffrey H. Kupor | ||
Title: Senior Vice President & Secretary |
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INVESCO CAPITAL MANAGEMENT LLC | ||
Sub-Adviser | ||
By: | /s/ Anna Paglia | |
Name: | Anna Paglia | |
Title: | Managing Director Global Invesco ETFs, Chief Executive Officer & Principal Executive Officer |
6
AMENDMENT NO. 4
TO THE
AMENDED AND RESTATED SUB-ADVISORY CONTRACT
This Amendment dated as of December 22, 2020, amends the Amended and Restated Sub-
Advisory Contract (the Contract), dated July 1, 2020, between Invesco Advisers, Inc. (the Adviser) and Invesco Asset Management (India) Private Limited (the Sub-Adviser).
WHEREAS, the parties agree to amend the Agreement to remove Invesco All Cap Market Neutral Fund, a series portfolio of AIM Investment Funds (Invesco Investment Funds), effective December 22, 2020;
NOW THEREFORE, in consideration of the promises and the mutual covenants herein contained, it is agreed between the parties hereto as follows:
1. | Exhibit A to the Contract is hereby deleted in its entirety and replaced with the following: |
EXHIBIT A
AIM Counselor Series Trust (Invesco Counselor Series Trust)
Invesco Capital Appreciation Fund
Invesco Discovery Fund
Invesco Floating Rate ESG Fund
Invesco Master Loan Fund
Invesco NASDAQ 100 Index Fund
Invesco Senior Floating Rate Fund
Invesco Senior Floating Rate Plus Fund
Invesco Short Term Municipal Fund
Invesco Short Duration High Yield Municipal Fund
AIM Equity Funds (Invesco Equity Funds)
Invesco Main Street Fund®
Invesco Main Street All Cap Fund®
Invesco Rising Dividends Fund
AIM Funds Group (Invesco Funds Group)
Invesco European Small Company Fund
Invesco Small Cap Equity Fund
AIM Growth Series (Invesco Growth Series)
Invesco Active Allocation Fund
Invesco Convertible Securities Fund
Invesco International Diversified Fund
Invesco Main Street Mid Cap Fund®
Invesco Main Street Small Cap Fund®
Invesco Master Event-Linked Bond Fund
Invesco Peak Retirement 2015 Fund
Invesco Peak Retirement 2020 Fund
Invesco Peak Retirement 2025 Fund
Invesco Peak Retirement 2030 Fund
Invesco Peak Retirement 2035 Fund
Invesco Peak Retirement 2040 Fund
Invesco Peak Retirement 2045 Fund
Invesco Peak Retirement 2050 Fund
Invesco Peak Retirement 2055 Fund
Invesco Peak Retirement 2060 Fund
Invesco Peak Retirement 2065 Fund
Invesco Peak Retirement Now Fund
Invesco Quality Income Fund
Invesco Select Risk: Conservative Investor Fund
Invesco Select Risk: High Growth Investor Fund
Invesco Select Risk: Moderate Investor Fund
Invesco Small Cap Growth Fund
AIM International Mutual Funds (Invesco International Mutual Funds)
Invesco Advantage International Fund
Invesco European Growth Fund
Invesco Global Focus Fund
Invesco Global Fund
Invesco Global Opportunities Fund
Invesco International Core Equity Fund
Invesco International Equity Fund
Invesco International Small-Mid Company Fund
Invesco International Select Equity Fund
Invesco MSCI World SRI Index Fund
Invesco Oppenheimer International Growth Fund
AIM Investment Funds (Invesco Investment Funds)
Invesco Balanced-Risk Allocation Fund
Invesco Balanced-Risk Commodity Strategy Fund
Invesco Developing Markets Fund
Invesco Discovery Mid Cap Growth Fund
Invesco Emerging Markets All Cap Fund
Invesco Emerging Markets Innovators Fund
Invesco Emerging Markets Local Debt Fund
Invesco Emerging Markets Select Equity Fund
Invesco Endeavor Fund
Invesco Fundamental Alternatives Fund
Invesco Global Allocation Fund
Invesco Global Infrastructure Fund
Invesco Global Strategic Income Fund
Invesco Global Targeted Returns Fund
Invesco International Bond Fund
Invesco Macro Allocation Strategy Fund
Invesco Multi-Asset Income Fund
Invesco SteelPath MLP Alpha Fund
Invesco SteelPath MLP Alpha Plus Fund
Invesco SteelPath MLP Income Fund
Invesco SteelPath MLP Select 40 Fund
Invesco Core Bond Fund
Invesco U.S. Managed Volatility Fund
AIM Investment Securities Funds (Invesco Investment Securities Fund)
Invesco Global Real Estate Fund
Invesco High Yield Fund
Invesco High Yield Bond Factor Fund
Invesco Intermediate Bond Factor Fund
Invesco U.S. Government Money Portolio
AIM Sector Funds (Invesco Sector Funds)
Invesco Comstock Select Fund
Invesco Gold & Special Minerals Fund
AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds)
Invesco AMT-Free Municipal Income Fund
Invesco California Municipal Fund
Invesco Environmental Focus Municipal Fund
Invesco High Yield Municipal Fund
Invesco Intermediate Term Municipal Income Fund
Invesco Limited Term California Municipal Fund
Invesco Limited Term Municipal Income Fund
Invesco Municipal Income Fund
Invesco New Jersey Municipal Fund
Invesco Pennsylvania Municipal Fund
Invesco Rochester® AMT-Free New York Municipal Fund
Invesco Rochester® Municipal Opportunties Fund
Invesco Rochester® Limited Term New York Municipal Fund
Invesco Rochester® New York Municipals Fund
AIM Treasurers Series Trust (Invesco Treasurers Series Trust)
Invesco Premier Portfolio
Invesco Premier Tax-Exempt Portfolio
AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
Invesco Oppenheimer V.I. Capital Appreciation Fund
Invesco Oppenheimer V.I. Conservative Balanced Fund
Invesco Oppenheimer V.I. Discovery Mid Cap Growth Fund
Invesco Oppenheimer V.I. Global Fund
Invesco Oppenheimer V.I. Global Strategic Income Fund
Invesco Oppenheimer V.I. Government Money Fund
Invesco Oppenheimer V.I. International Growth Fund
Invesco Oppenheimer V.I. Main Street Fund®
Invesco Oppenheimer V.I. Main Street Small Cap Fund®
Invesco Oppenheimer V.I. Total Return Bond Fund
Invesco V.I. American Franchise Fund
Invesco V.I. American Value Fund
Invesco V.I. Balanced-Risk Allocation Fund
Invesco V.I. Comstock Fund
Invesco V.I. Core Equity Fund
Invesco V.I. Core Plus Bond Fund
Invesco V.I. Diversified Dividend Fund
Invesco V.I. Equally-Weighted S&P 500 Fund
Invesco V.I. Equity and Income Fund
Invesco V.I. Global Core Equity Fund
Invesco V.I. Health Care Fund
Invesco V.I. Global Real Estate Fund
Invesco V.I. Government Money Market Fund
Invesco V.I. Government Securities Fund
Invesco V.I. Growth and Income Fund
Invesco V.I. High Yield Fund
Invesco V.I. International Growth Fund
Invesco V.I. Managed Volatility Fund
Invesco V.I. Mid Cap Core Equity Fund
Invesco V.I. S&P 500 Index Fund
Invesco V.I. Small Cap Equity Fund
Invesco V.I. Technology Fund
Invesco V.I. Value Opportunities Fund
Invesco Exchange Fund
Invesco Management Trust
Invesco Conservative Income Fund
Invesco Securities Trust
Invesco Balanced-Risk Aggressive Allocation Fund
Short-Term Investments Trust
Invesco Government & Agency Portfolio
Invesco Tax-Free Cash Reserve Portfolio
Invesco Treasury Obligations Portfolio
2. | All other terms and provisions of the Contract not amended shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.
INVESCO ADVISERS, INC. | ||
Adviser | ||
By: /s/ Jeffrey H. Kupor | ||
Name: Jeffrey H. Kupor | ||
Title: Senior Vice President & Secretary |
INVESCO ASSET MANAGEMENT (INDIA) | ||
PRIVATE LIMITED | ||
Sub-Adviser | ||
By: /s/ Saurabh Nanavati | ||
Name: Saurabh Nanavati | ||
Title: CEO |
FIFTH AMENDED AND RESTATED
TRANSFER AGENCY AND SERVICE AGREEMENT
between
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
and
INVESCO INVESTMENT SERVICES, INC.
TABLE OF CONTENTS
Page | ||||||
ARTICLE 1 |
TERMS OF APPOINTMENT; DUTIES OF THE TRANSFER AGENT | 3 | ||||
ARTICLE 2 |
FEES AND EXPENSES | 4 | ||||
ARTICLE 3 |
REPRESENTATIONS AND WARRANTIES OF THE TRANSFER AGENT | 5 | ||||
ARTICLE 4 |
REPRESENTATIONS AND WARRANTIES OF THE FUND | 5 | ||||
ARTICLE 5 |
INDEMNIFICATION | 6 | ||||
ARTICLE 6 |
COVENANTS OF THE FUND AND THE TRANSFER AGENT | 7 | ||||
ARTICLE 7 |
TERMINATION OF AGREEMENT | 7 | ||||
ARTICLE 8 |
ADDITIONAL FUNDS | 8 | ||||
ARTICLE 9 |
LIMITATION OF SHAREHOLDER LIABILITY | 8 | ||||
ARTICLE 10 |
ASSIGNMENT | 8 | ||||
ARTICLE 11 |
AMENDMENT | 8 | ||||
ARTICLE 12 |
TEXAS LAW TO APPLY | 8 | ||||
ARTICLE 13 |
MERGER OF AGREEMENT | 8 | ||||
ARTICLE 14 |
COUNTERPARTS | 8 |
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FIFTH AMENDED AND RESTATED
TRANSFER AGENCY AND SERVICE AGREEMENT
This FIFTH AMENDED AND RESTATED TRANSFER AGENCY AND SERVCE AGREEMENT (Agreement) is made as of the 1st day of July, 2020, by and between AIM Equity Funds (Invesco Equity Funds), a Delaware statutory trust, having its principal office and place of business at 11 Greenway Plaza, Suite 1000, Houston, Texas 77046 (the Fund), and Invesco Investment Services, Inc., a Delaware corporation, having its principal office and place of business at 11 Greenway Plaza, Suite 1000, Houston, Texas 77046 (the Transfer Agent), and amends and restates the prior Agreement between the Fund and the Transfer Agent dated July 1, 2010, as amended to date.
WHEREAS, the Transfer Agent is registered as such with the Securities and Exchange Commission (the SEC); and
WHEREAS, the Fund is authorized to issue shares in separate series and classes, with each such series representing interests in a separate portfolio of securities and other assets and each such class having different distribution arrangements; and
WHEREAS, the Fund on behalf of the retail and institutional share classes of each of the Portfolios thereof (the Portfolios) desires to appoint the Transfer Agent as its transfer agent, and agent in connection with certain other activities, with respect to the Portfolios, and the Transfer Agent desires to accept such appointment;
NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties hereto agree as follows:
ARTICLE 1
TERMS OF APPOINTMENT; DUTIES OF THE TRANSFER AGENT
1.01 Subject to the terms and conditions set forth in this Agreement, the Fund hereby employs and appoints the Transfer Agent to act as, and the Transfer Agent agrees to act as, its transfer agent for the authorized and issued shares of beneficial interest of the Fund representing interests in the retail and institutional share classes of each of the respective Portfolios (Shares), dividend disbursing agent, and agent in connection with any accumulation or similar plans provided to shareholders of each of the Portfolios (the Shareholders), including without limitation any periodic investment plan or periodic withdrawal program, as provided in the currently effective prospectus and statement of additional information (the Prospectus) of the Fund on behalf of the Portfolios.
1.02 The Transfer Agent agrees that it will perform the following services:
(a) The Transfer Agent shall, in accordance with procedures established from time to time by agreement between the Fund on behalf of each of the Portfolios, as applicable, and the Transfer Agent:
(i) | receive for acceptance, orders for the purchase of Shares, and promptly deliver payment and appropriate documentation thereof to the Custodian of the Fund authorized pursuant to the Charter of the Fund (the Custodian); |
(ii) | pursuant to purchase orders, issue the appropriate number of Shares and hold such Shares in the appropriate Shareholder account; |
(iii) | receive for acceptance redemption requests and redemption directions and deliver the appropriate documentation thereof to the Custodian; |
(iv) | at the appropriate time as and when it receives monies paid to it by the Custodian with respect to any redemption, pay over or cause to be paid over in the appropriate manner such monies as instructed by the Fund; |
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(v) | effect transfers of Shares by the registered owners thereof upon receipt of appropriate instructions; |
(vi) | prepare and transmit payments for dividends and distributions declared by the Fund on behalf of the Shares; |
(vii) | maintain records of account for and advise the Fund and its Shareholders as to the foregoing; and |
(viii) | record the issuance of Shares of the Fund and maintain pursuant to SEC Rule 17Ad-10(e) a record of the total number of Shares which are authorized, based upon data provided to it by the Fund, and issued and outstanding. |
The Transfer Agent shall also provide the Fund on a regular basis with the total number of Shares which are authorized and issued and outstanding and shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issue or sale of such Shares, which function shall be the sole responsibility of the Fund.
(b) In addition to the services set forth in the above paragraph (a), the Transfer Agent shall: perform the customary services of a transfer agent, including but not limited to maintaining all Shareholder accounts, mailing Shareholder reports and prospectuses to current Shareholders, preparing and mailing confirmation forms and statements of accounts to Shareholders for all purchases and redemptions of Shares and other confirmable transactions in Shareholder accounts, preparing and mailing activity statements for Shareholders, and providing Shareholder account information.
(c) Procedures as to who shall provide certain of these services may be established from time to time by agreement between the Fund on behalf of each Portfolio and the Transfer Agent. The Transfer Agent may at times perform only a portion of these services and the Fund or its other agents may perform these services on the Funds behalf.
1.03 Pursuant to procedures established from time to time by agreement between the Fund and the Transfer Agent, the Transfer Agent may, as agent and acting on behalf of the Fund, enter into certain sub-transfer agency, omnibus account service, and sub-accounting agreements (collectively, third-party servicing arrangements) whereby an intermediary agrees to provide individual shareholder and/or record keeping services with respect to investments in the Portfolios that would otherwise be required to be provided by the Transfer Agent hereunder, provided that such intermediary has entered or will concurrently enter into an Intermediary Agreement Regarding Compliance with SEC Rule 22c-2 in substantially the form approved by the Fund. Such third-party servicing arrangements may, but are not required to, further provide that such intermediaries may designate sub-agents for purposes of receiving orders for the purchase and redemption of Shares, provided that an intermediary appointing such a sub-agent remains contractually responsible for the receipt and processing of orders received by such sub-agent. The Fund, or the Transfer Agent as agent for and on behalf of the Fund, shall maintain copies of all written agreements evidencing third-party servicing arrangements that are in effect, or that were in effect at any time during the past six years, in an easily accessible place.
ARTICLE 2
FEES AND EXPENSES
2.01 For performance by the Transfer Agent pursuant to this Agreement, the Fund agrees on behalf of each of the Portfolios to pay the Transfer Agent fees as set forth in Schedule A, attached hereto. Such fees and out-of-pocket expenses and advances identified under Section 2.02 below may be changed from time to time subject to mutual written agreement between the Fund and the Transfer Agent.
2.02 In addition to the fee paid under Section 2.01 above, the Fund agrees to reimburse the Transfer Agent for out-of-pocket expenses or advances incurred by the Transfer Agent for the items set out in the fee schedule attached hereto. In addition, any other expenses incurred by the Transfer Agent
4
at the request or with the consent of the Fund, will be reimbursed by the Fund on behalf of the applicable Shares.
2.03 The Fund agrees on behalf of each of the Portfolios to pay all fees and reimbursable expenses following the mailing of the respective billing notice. Postage for mailing of dividends, proxies, Fund reports and other mailings to all Shareholder accounts shall be advanced to the Transfer Agent by the Fund at least seven (7) days prior to the mailing date of such materials.
2.04 The Fund agrees on behalf of each of the Portfolios to pay all fees payable under third-party servicing arrangements.
ARTICLE 3
REPRESENTATIONS AND WARRANTIES OF THE TRANSFER AGENT
The Transfer Agent represents and warrants to the Fund that:
3.01 It is a corporation duly organized and existing and in good standing under the laws of the state of Delaware.
3.02 It is duly qualified to carry on its business in Delaware and in Texas.
3.03 It is empowered under applicable laws and by its Charter and By-Laws to enter into and perform this Agreement.
3.04 All requisite corporate proceedings have been taken to authorize it to enter into and perform this Agreement.
3.05 It has and will continue to have access to the necessary facilities, equipment and personnel to perform its duties and obligations under this Agreement.
3.06 It is registered as a Transfer Agent as required by the federal securities laws.
3.07 This Agreement is a legal, valid and binding obligation of the Transfer Agent.
ARTICLE 4
REPRESENTATIONS AND WARRANTIES OF THE FUND
The Fund represents and warrants to the Transfer Agent that:
4.01 It is a statutory trust duly organized and existing and in good standing under the laws of Delaware.
4.02 It is empowered under applicable laws and by its Agreement and Declaration of Trust and By-Laws to enter into and perform this Agreement.
4.03 All proceedings required by said Agreement and Declaration of Trust and By-Laws have been taken to authorize it to enter into and perform this Agreement.
4.04 It is a management investment company registered under the Investment Company Act of 1940, as amended.
4.05 A registration statement under the Securities Act of 1933, as amended on behalf of each of the Portfolios is currently effective and will remain effective, with respect to all Shares of the Fund being offered for sale.
4.06 This Agreement is a legal, valid and binding obligation of the Fund.
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ARTICLE 5
INDEMNIFICATION
5.01 The Transfer Agent shall not be responsible for, and the Fund shall on behalf of the applicable Portfolio, indemnify and hold the Transfer Agent harmless from and against, any and all losses, damages, costs, charges, counsel fees, payments, expenses and liability arising out of or attributable to:
(a) all actions of the Transfer Agent or its agents or subcontractors required to be taken pursuant to this Agreement, provided that such actions are taken in good faith and without negligence or willful misconduct;
(b) the Funds lack of good faith, negligence or willful misconduct which arise out of the breach of any representation or warranty of the Fund hereunder;
(c) the reliance on or use by the Transfer Agent or its agents or subcontractors of information, records and documents or services which (i) are received or relied upon by the Transfer Agent or its agents or subcontractors and/or furnished to it or performed by on behalf of the Fund, and (ii) have been prepared, maintained and/or performed by the Fund or any other person or firm on behalf of the Fund; provided such actions are taken in good faith and without negligence or willful misconduct;
(d) the reliance on, or the carrying out by the Transfer Agent or its agents or subcontractors of any instructions or requests of the Fund on behalf of the applicable Portfolio; provided such actions are taken in good faith and without negligence or willful misconduct; or
(e) the offer or sale of Shares in violation of any requirement under the federal securities laws or regulations or the securities laws or regulations of any state that such Shares be registered in such state or in violation of any stop order or other determination or ruling by any federal agency or any state with respect to the offer or sale of such Shares in such state.
5.02 The Transfer Agent shall indemnify and hold the Fund harmless from and against any and all losses, damages, costs, charges, counsel fees, payments, expenses and liability arising out of or attributable to any action or failure or omission to act by the Transfer Agent as result of the Transfer Agents lack of good faith, negligence or willful misconduct.
5.03 At any time the Transfer Agent may apply to any officer of the Fund for instructions, and may consult with legal counsel with respect to any matter arising in connection with the services to be performed by the Transfer Agent under this Agreement, and the Transfer Agent and its agents or subcontractors shall not be liable to and shall be indemnified by the Fund on behalf of the applicable Portfolio for any action taken or omitted by it in reliance upon such instructions or upon the opinion of such counsel. The Transfer Agent shall be protected and indemnified in acting upon any paper or document furnished by or on behalf of the Fund, reasonably believed to be genuine and to have been signed by the proper person or persons, or upon any instruction, information, data, records or documents provided to the Transfer Agent or its agents or subcontractors by machine readable input, telex, CRT data entry or other similar means authorized by the Fund, and shall not be held to have notice of any change of authority of any person, until receipt of written notice thereof from the Fund.
5.04 In the event either party is unable to perform its obligations under the terms of this Agreement because of acts of God, strikes, equipment or transmission failure or damage reasonably beyond its control, or other causes reasonably beyond its control, such party shall not be liable for damages to the other for any damages resulting from such failure to perform or otherwise from such causes.
6
5.05 Neither party to this Agreement shall be liable to the other party for consequential damages under any provision of this Agreement or for any consequential damages arising out of any act or failure to act hereunder.
5.06 In order that the indemnification provisions contained in this Article 5 shall apply, upon the assertion of a claim for which either party may be required to indemnify the other, the party seeking indemnification shall promptly notify the other party of such assertion, and shall keep the other party advised with respect to all developments concerning such claim. The party who may be required to indemnify shall have the option to participate with the party seeking indemnification in the defense of such claim. The party seeking indemnification shall in no case confess any claim or make any compromise in any case in which the other party may be required to indemnify it except with the other partys prior written consent.
ARTICLE 6
COVENANTS OF THE FUND AND THE TRANSFER AGENT
6.01 The Fund shall, upon request, on behalf of each of the Portfolios promptly furnish to the Transfer Agent the following:
(a) a certified copy of the resolution of the Board of Trustees of the Fund authorizing the appointment of the Transfer Agent and the execution and delivery of this Agreement; and
(b) a copy of the Agreement and Declaration of Trust and By-Laws of the Fund and all amendments thereto.
6.02 The Transfer Agent shall keep records relating to the services to be performed hereunder, in the form and manner as it may deem advisable. To the extent required by Section 31 of the Investment Company Act of 1940, as amended, and the Rules thereunder, the Transfer Agent agrees that all such records prepared or maintained by the Transfer Agent relating to the services to be performed by the Transfer Agent hereunder are the property of the Fund and will be preserved, maintained and made available in accordance with such Section and Rules, and will be surrendered promptly to the Fund on and in accordance with its request.
6.03 The Transfer Agent and the Fund agree that all books, records, information and data pertaining to the business of the other party which are exchanged or received pursuant to the negotiation or the carrying out of this Agreement shall remain confidential, and shall not be voluntarily disclosed to any other person, except as may be required by law.
6.04 In case of any requests or demands for the inspection of the Shareholder records of the Fund, the Transfer Agent will endeavor to notify the Fund and to secure instructions from an authorized officer of the Fund as to such inspection. The Transfer Agent reserves the right, however, to exhibit the Shareholder records to any person whenever it is advised by its counsel that it may be held liable for the failure to exhibit the Shareholder records to such person.
ARTICLE 7
TERMINATION OF AGREEMENT
7.01 This Agreement may be terminated by either party upon sixty (60) days written notice to the other.
7.02 Should the Fund exercise its right to terminate this Agreement, all out-of-pocket expenses associated with the movement of records and material will be borne by the Fund on behalf of the applicable Portfolios. Additionally, the Transfer Agent reserves the right to charge for any other reasonable expenses associated with such termination and/or a charge equivalent to the average of three (3) months fees.
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ARTICLE 8
ADDITIONAL FUNDS
8.01 In the event that the Fund establishes one or more series of Shares in addition to the Portfolios with respect to which it desires to have the Transfer Agent render services as transfer agent under the terms hereof, it shall so notify the Transfer Agent in writing, and if the Transfer Agent agrees in writing to provide such services, such series of Shares shall become a Portfolio hereunder.
ARTICLE 9
LIMITATION OF SHAREHOLDER LIABILITY
9.01 Notice is hereby given that this Agreement is being executed by the Fund by a duly authorized officer thereof acting as such as not individually. The obligations of this Agreement are not binding upon any of the Trustees, officers, shareholders or the investment adviser of the Fund individually but are binding only upon the assets and property belonging to the Fund, on its own behalf or on behalf of a Portfolio, for the benefit of which the Trustees or officers have caused this Agreement to be executed.
ARTICLE 10
ASSIGNMENT
10.01 Except as provided in Section 10.03 below, neither this Agreement nor any rights or obligations hereunder may be assigned by either party without the written consent of the other party.
10.02 This Agreement shall inure to the benefit of and be binding upon the parties and their respective permitted successors and assigns.
10.03 The Transfer Agent may, without further consent on the part of the Fund, subcontract for the performance hereof with any entity which is duly registered as a transfer agent pursuant to Section 17A(c)(1) of the Securities Exchange Act of 1934 as amended (Section 17A(c)(1)); provided, however, that the Transfer Agent shall be as fully responsible to the Fund for the acts and omissions of any subcontractor as it is for its own acts and omissions.
ARTICLE 11
AMENDMENT
11.01 This Agreement may be amended or modified by a written agreement executed by both parties and authorized or approved by a resolution of the Board of Trustees of the Fund.
ARTICLE 12
TEXAS LAW TO APPLY
12.01 This Agreement shall be construed and the provisions thereof interpreted under and in accordance with the laws of the State of Texas.
ARTICLE 13
MERGER OF AGREEMENT
13.01 This Agreement constitutes the entire agreement between the parties hereto and supersedes any prior agreement with respect to the subject matter hereof whether oral or written.
ARTICLE 14
COUNTERPARTS
14.01 This Agreement may be executed by the parties hereto on any number of counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument.
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed in their names and on their behalf by and through their duly authorized officers, as of the day and year first above written.
AIM EQUITY FUNDS | ||
(INVESCO EQUITY FUNDS) | ||
By: | /s/ Jeffrey H. Kupor | |
Name: Jeffrey H. Kupor | ||
Title: Secretary, Senior Vice President and Chief Legal Officer | ||
INVESCO INVESTMENT SERVICES, INC. | ||
By: | /s/ William J. Galvin, Jr. | |
Name: William J. Galvin, Jr. | ||
Title: President |
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SCHEDULE A
1. | Retail Share Classes |
Open Account Fee. For performance by the Transfer Agent pursuant to this Agreement, the Fund agrees on behalf of each of the Portfolios to pay the Transfer Agent for shareholder accounts holding Class A, A2, AX, C, CX, P, R, RX, S, Y, Invesco Cash Reserve and Investor Class Shares, as applicable, that are open during any monthly period, an annualized fee of (i) 0.02% of average daily net assets, plus (ii) $18.60 per account per annum less the aggregate amount of Small Account Fees collected by the Transfer Agent.
Closed Account Fee. For performance by the Transfer Agent pursuant to this Agreement, the Fund agrees on behalf of each of the Portfolios to pay the Transfer Agent an annualized fee for shareholder accounts which previously held Class A, A2, AX, C, CX, P, R, RX, S, Y, Invesco Cash Reserve and Investor Class Shares, as applicable, that were closed during any monthly period at a rate of $0.70, to be paid for twelve months following the date on which an account was closed.
Small Account Fee. The Transfer Agent may collect on behalf of each shareholder account holding Class A, A2, AX, C, CX, P, R, RX, S, Y, Invesco Cash Reserve and Investor Class Shares, as applicable, serviced directly by the Transfer Agent where the account balance is $750, or such amount as may be adjusted by the Transfer Agent for any year depending on various factors, including market conditions (a Small Account), a Small Account Fee of $12 per annum. The Transfer Agent agrees to use its best efforts to collect on behalf of each Small Account serviced by third parties pursuant to omnibus account service or sub-accounting agreements, a Small Account Fee of $12 per annum. Decision by the Transfer Agent to charge or not charge the Small Account Fee generally will be applied uniformly across a share class of the Funds. The Small Account Fee shall be determined, collected and subject to any exceptions as set forth in the most recent prospectus for each Portfolio of the Fund.
Determining Number of Billable Accounts. The Open Account Fee and the Closed Account Fee shall be paid only with respect to accounts serviced directly by the Transfer Agent and not with respect to accounts serviced by third parties pursuant to omnibus account service or sub-accounting agreements, as provided in Section 2.04 of the Agreement. Notwithstanding that the Transfer Agent does not collect an Open Account Fee on accounts serviced by third parties pursuant to omnibus account service or sub-accounting agreements, any Small Account Fees collected on such accounts shall be subtracted as provided above under Open Account Fee.
Billing of Fees. Both the Open and Closed Account Fees shall be billed by the Transfer Agent monthly in arrears on a prorated basis of 1/12 of the annualized fee for all such accounts.
2. | Class R5, and Class R6 Shares |
Accounts Serviced by the Transfer Agent. For performance by the Transfer Agent pursuant to this Agreement, the Fund agrees on behalf of the Class R5 Shares and Class R6 Shares of each Portfolio to pay the Transfer Agent a fee equal to $2.00 per trade executed, to be billed monthly in arrears.
Cap on Transfer Agency Fees and Expenses. The Transfer Agent agrees to waive the right to collect any fee or reimbursement to which it is entitled hereunder to the extent that collecting such fee or reimbursement would cause the fees and expenses incurred hereunder by the Class R5 Shares and Class R6 Shares of any given Portfolio to exceed 0.10% of the average net assets attributable to such Class of such Portfolio.
10
3. | Investment Credits |
The total fees due to the Transfer Agent from all funds affiliated with the Fund shall be reduced by an amount equal to the investment income earned by the Transfer Agent, if any, on the balances of the disbursement accounts for those funds. Such credits shall first be allocated to the Class R5 Shares and Class R6 Shares, if any, of a Portfolio based upon the number of accounts holding shares of such Class relative to the total number of accounts holding all Classes of shares in the Portfolio. The Portfolios remaining fiscal year-to-date credits shall be allocated among accounts holding Class A, A2, AX, C, CX, P, R, RX, S, Y, Invesco Cash Reserve and Investor Class Shares, as applicable, on the basis of fiscal year-to-date average net assets.
4. | Out-of-Pocket Expenses |
The Fund shall reimburse the Transfer Agent monthly for applicable out-of-pocket expenses relating to the procurement of the following goods and services, as they relate to the performance of the Transfer Agents obligations set forth in Article I of the Agreement, including, but not limited to:
(a) | Remote access, license and usage charges paid by the Transfer Agent for use of shareholder record keeping and related systems provided by DST Systems, Inc., and used by the Transfer Agent to service Shareholder accounts, including but not limited to: |
(i) | TA2000®, the record keeping system on which records related to most Shareholder accounts will be maintained; |
(ii) | TRAC2000®, the record keeping system on which records related to Shareholder accounts held by and through employer-sponsored retirement plans are maintained; |
(iii) | Automated Work DistributorTM, a document imaging, storage and distribution system; |
(iv) | Financial Access Network, a computer system and related software applications which will provide the necessary interfaces to allow customers to access account information residing on the TA2000 and TRAC2000 systems through invesco.com; |
(v) | PowerSelectTM, a reporting database that the Transfer Agent can query to produce reports derived from Shareholder account data residing on the TA2000 and TRAC2000 systems; and |
(vi) | Client specific system enhancements. |
(b) | Computer and data processing and storage equipment, communication lines and equipment, printers and other equipment used in connection with the provision of services hereunder, and any expenses incurred in connection with the installation and use of such equipment and lines. |
(c) | Microfiche, microfilm and electronic image scanning equipment. |
(d) | Electronic data and image storage media and related storage costs. |
(e) | Record retention, retrieval and destruction costs, including, but not limited to exit fees charged by third party record keeping vendors. |
(f) | Telephone and telecommunication costs, including all lease, maintenance and line costs. |
(g) | Programming costs, system access and usage fees, electronic presentment service fees, data and document delivery fees, and other related fees and costs which relate to the printing and delivery of the following documents to Shareholders and to each Shareholders broker of record: |
(i) | Investment confirmations; |
11
(ii) | Periodic account statements; |
(iii) | Tax forms; and |
(iv) | Redemption checks. |
(h) | Printing costs, including, without limitation, the costs associated with printing stationery, envelopes, share certificates, checks, investment confirmations, periodic account statements, and tax forms. |
(i) | Postage (bulk, pre-sort, ZIP+4, bar coding, first class), certified and overnight mail and private delivery services, courier services and related insurance. |
(j) | Certificate insurance. |
(k) | Banking charges, including without limitation, incoming and outgoing wire charges and charges associated with the receipt and processing of government allotments. |
(l) | Check writing fees. |
(m) | Federal Reserve charges for check clearance. |
(n) | Rendering fees. |
(o) | Audit, consulting and legal fees which relate to the provision of service hereunder. |
(p) | Shareholder information and education mailings, including, but not limited to, periodic shareholder newsletters and tax guides. |
(q) | Duplicate services. |
(r) | Such other miscellaneous expenses reasonably incurred by the Transfer Agent in performing its duties and responsibilities. |
(s) | Due diligence mailings. |
(t) | Ad hoc reports. |
(u) | Fees and expenses assessed by third-party service providers in connection with the compilation and delivery of shareholder transaction data requested by the Transfer Agent in connection with its administration of the Funds Rule 22c-2 compliance program. |
The Fund agrees that postage and mailing expenses will be paid on the day of or prior to mailing. In addition, the Fund will promptly reimburse the Transfer Agent for any other unscheduled expenses incurred by the Transfer Agent whenever the Fund and the Transfer Agent mutually agree that such expenses are not otherwise properly borne by the Transfer Agent as part of its duties and obligations under the Agreement.
Out-of-pocket expenses incurred by the Transfer Agent hereunder shall first be allocated among the series portfolios of the Invesco Funds based upon the number of open accounts holding shares in such portfolios. Such out-of-pocket expenses that have been allocated to a Portfolio shall be further allocated to the Class R5 Shares and Class R6 Shares, if any, of such Portfolio based upon the number of accounts holding shares of such Class relative to the total number of accounts holding shares of all Classes in the Portfolio. The remaining amount of the Portfolios fiscal year-to-date out-of-pocket expenses shall be further allocated among accounts holding Class A, A2, AX, C, CX, P, R, RX, S, Y, Invesco Cash Reserve and Investor Class Shares, as applicable, on the basis of fiscal year-to-date average net assets.
5. | Definitions |
As used in this Fee Schedule, Invesco Funds shall mean all open-end investment companies and their series portfolios, sponsored by Invesco Advisers, Inc.
12
AMENDMENT NO. 12
TO
SECOND AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT
This Amendment dated as of April 17, 2020, amends the Second Amended and Restated Master Administrative Services Agreement (the Agreement), dated July 1, 2006, by and between Invesco Advisers, Inc., a Delaware corporation, and AIM Equity Funds (Invesco Equity Funds), a Delaware statutory trust is hereby amended as follows:
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to remove Invesco Oppenheimer Dividend Opportunity Fund;
NOW, THEREFORE, the parties agree that;
1. Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following:
APPENDIX A
TO
SECOND AMENDED AND RESTATED MASTER ADMINISTRATIVE
SERVICES AGREEMENT OF
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
Portfolios |
Effective Date of Agreement | |
Invesco Charter Fund | July 1, 2006 | |
Invesco Diversified Dividend Fund | July 1, 2006 | |
Invesco Oppenheimer Main Street Fund® | May 24, 2019 | |
Invesco Oppenheimer Main Street All Cap Fund® | May 24, 2019 | |
Invesco Oppenheimer Rising Dividends Fund | May 24, 2019 | |
Invesco Summit Fund | April 30, 2008 |
The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows:
Rate* |
Invesco Fund Complex Net Assets** | |
0.0175% |
First $100 billion | |
0.0150% |
Next $100 billion | |
0.0135% |
Next $100 billion | |
0.0125% |
Next $100 billion | |
0.010% |
Over $ 400 billion |
* | The fee will be paid monthly at 1/12 of the annualized effective fee rate based on the average assets under management of the Invesco Fund Complex Net Assets of the prior month not to exceed 0.0140% through June 30, 2019. |
** | Invesco Fund Complex Net Assets means the aggregate monthly net assets of each mutual fund and closed-end fund in the Invesco Fund complex overseen by the Invesco Funds Board. |
All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.
INVESCO ADVISERS, INC. | ||||||||
Attest: | /s/ Elizabeth Nelson |
By: | /s/ Jeffrey H. Kupor | |||||
Assistant Secretary | Jeffrey H. Kupor | |||||||
Senior Vice President & Secretary | ||||||||
AIM EQUITY FUNDS | ||||||||
(INVESCO EQUITY FUNDS) | ||||||||
Attest: | /s/ Elizabeth Nelson |
By: | /s/ Jeffrey H. Kupor | |||||
Assistant Secretary | Jeffrey H. Kupor | |||||||
Secretary, Senior Vice President and Chief Legal Officer |
THIRD AMENDED AND RESTATED
MASTER ADMINISTRATIVE SERVICES AGREEMENT
This THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT (Agreement) is made this 1st day of July, 2020, by and between Invesco Advisers, Inc., a Delaware corporation (the Administrator) and AIM Equity Funds (Invesco Equity Funds), a Delaware statutory trust (the Trust) with respect to the separate series set forth in Appendix A to this Agreement, as the same may be amended from time to time (the Portfolios), and amends and restates the prior Agreement between the Administrator and the Trust with respect to the separate series set forth in Appendix A to this Agreement, dated July 1, 2006, as amended to date.
W I T N E S S E T H:
WHEREAS, the Trust is an open-end investment company registered under the Investment Company Act of 1940, as amended (the 1940 Act); and
WHEREAS, the Trust, on behalf of the Portfolios, has retained the Administrator to perform (or arrange for the performance of) accounting, shareholder servicing and other administrative services as well as investment advisory services to the Portfolios, and that the Administrator may receive reasonable compensation or may be reimbursed for its costs in providing such additional services, upon the request of the Board of Trustees and upon a finding by the Board of Trustees that the provision of such services is in the best interest of the Portfolios and their shareholders; and
WHEREAS, the Board of Trustees has found that the provision of such administrative services is in the best interest of the Portfolios and their shareholders, and has requested that the Administrator perform such services;
NOW, THEREFORE, the parties hereby agree as follows:
1. The Administrator hereby agrees to provide, or arrange for the provision of, any or all of the following services by the Administrator or its affiliates:
(a) the services of a principal financial officer of the Trust (including related office space, facilities and equipment) whose normal duties consist of maintaining the financial accounts and books and records of the Trust and the Portfolios, including the review of daily net asset value calculations and the preparation of tax returns; and the services (including related office space, facilities and equipment) of any of the personnel operating under the direction of such principal financial officer;
(b) to the extent not otherwise required under the Administrators investment advisory agreement with the Trust, supervising the operations of the custodian(s), transfer agent(s) or dividend agent(s) for the Portfolios; or otherwise providing services to shareholders of the Portfolios; and
(c) to the extent not otherwise required under the Administrators investment advisory agreement with the Trust, such other administrative services as may be furnished from time to time by the Administrator to the Trust or the Portfolios at the request of the Trusts Board of Trustees, provided, however, that nothing in this Agreement shall require the Administrator to pay (i) the salary or other compensation of the senior officer of the Trust appointed pursuant to the New York Attorney Generals Assurance of Discontinuance applicable to Invesco Advisers, Inc. dated October 8, 2004; or (ii) the salary or other compensation (or any portion of such salary or other compensation) of any other officer of the Trust that the Trusts Board of Trustees has agreed should be paid by the Trust or the Portfolios so long as such agreement is evidenced by a resolution of the Board of Trustees.
2. The services provided hereunder shall at all times be subject to the direction and supervision of the Trusts Board of Trustees.
1
3. As full compensation for the services performed and the facilities furnished by or at the direction of the Administrator, the Trust, on behalf of the Portfolios, shall pay the Administrator in accordance with the Fee Schedule as set forth in Appendix A attached hereto. Such amounts shall be paid to the Administrator on a monthly basis.
4. The Administrator shall not be liable for any error of judgment or for any loss suffered by the Trust or the Portfolios in connection with any matter to which this Agreement relates, except a loss resulting from the Administrators willful misfeasance, bad faith or gross negligence in the performance of its duties or from reckless disregard of its obligations and duties under this Agreement.
5. The Trust and the Administrator each hereby represent and warrant, but only as to themselves, that each has all requisite authority to enter into, execute, deliver and perform its obligations under this Agreement and that this Agreement is legal, valid and binding, and enforceable in accordance with its terms.
6. Nothing in this Agreement shall limit or restrict the rights of any director, officer or employee of the Administrator who may also be a trustee, officer or employee of the Trust to engage in any other business or to devote his time and attention in part to the management or other aspects of any business, whether of a similar or a dissimilar nature, nor limit or restrict the right of the Administrator to engage in any other business or to render services of any kind to any other corporation, firm, individual or association.
7. This Agreement shall become effective with respect to a Portfolio on the Effective Date for such Portfolio, as set forth in Appendix A attached hereto. This Agreement shall continue in effect until June 30, 2021, and may be continued from year to year thereafter, provided that the continuation of the Agreement is specifically approved at least annually:
(a) (i) by the Trusts Board of Trustees or (ii) by the vote of a majority of the outstanding voting securities of such Portfolio (as defined in Section 2(a)(42) of the 1940 Act); and
(b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons (as defined in the 1940 Act) of a party to this Agreement (other than as trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.
This Agreement shall terminate automatically in the event of its assignment (as defined in Section 2(a) (4) of the 1940 Act).
8. This Agreement may be amended or modified with respect to one or more Portfolios, but only by a written instrument signed by both the Trust and the Administrator.
9. Notice is hereby given that, as provided by applicable law, the obligations of or arising out of this Agreement are not binding upon any of the shareholders of the Trust individually but are binding only upon the assets and property of the Trust and that the shareholders shall be entitled, to the fullest extent permitted by applicable law, to the same limitation on personal liability as stockholders of private corporations for profit.
10. Any notice or other communication required to be given pursuant to this Agreement shall be deemed duly given if delivered or mailed by registered mail, postage prepaid, (a) to the Administrator at 11 Greenway Plaza, Suite 1000, Houston, Texas 77046, Attention: President, with a copy to the General Counsel, or (b) to the Trust at 11 Greenway Plaza, Suite 1000, Houston, Texas 77046, Attention: President, with a copy to the General Counsel.
11. This Agreement contains the entire agreement between the parties hereto and supersedes all prior agreements, understandings and arrangements with respect to the subject matter hereof.
12. This Agreement shall be governed by and construed in accordance with the laws (without reference to conflicts of law provisions) of the State of Texas.
2
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their officers designated below as of the day and year first above written.
INVESCO ADVISERS, INC. | ||||||||
Attest: | /s/ Elizabeth Nelson |
By: | /s/ Jeffrey H. Kupor | |||||
Assistant Secretary | Jeffrey H. Kupor | |||||||
Senior Vice President & Secretary | ||||||||
(SEAL) | ||||||||
AIM EQUITY FUNDS | ||||||||
(INVESCO EQUITY FUNDS) | ||||||||
Attest: | /s/ Elizabeth Nelson |
By: | /s/ Jeffrey H. Kupor | |||||
Assistant Secretary | Jeffrey H. Kupor | |||||||
Secretary, Senior Vice President and | ||||||||
(SEAL) | Chief Legal Officer |
3
APPENDIX A
TO
THIRD AMENDED AND RESTATED
MASTER ADMINISTRATIVE SERVICES AGREEMENT
OF
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
Portfolios |
Effective Date of Agreement | |
Invesco Charter Fund | July 1, 2006 | |
Invesco Diversified Dividend Fund | July 1, 2006 | |
Invesco Oppenheimer Main Street Fund® | May 24, 2019 | |
Invesco Oppenheimer Main Street All Cap Fund® | May 24, 2019 | |
Invesco Oppenheimer Rising Dividends Fund | May 24, 2019 | |
Invesco Summit Fund | April 30, 2008 |
The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows:
Rate* |
Invesco Fund Complex Net Assets** | |
0.0175% |
First $100 billion | |
0.0150% |
Next $100 billion | |
0.0135% |
Next $100 billion | |
0.0125% |
Next $100 billion | |
0.010% |
Over $400 billion |
* | The fee will be paid monthly at 1/12 of the annualized effective fee rate based on the average assets under management of the Invesco Fund Complex Net Assets of the prior month. |
** | Invesco Fund Complex Net Assets means the aggregate monthly net assets of each mutual fund and closed-end fund in the Invesco Fund complex overseen by the Invesco Funds Board. |
4
AMENDMENT NO. 1
TO
THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT
This Amendment dated as of September 30, 2020, amends the Third Amended and Restated Master Administrative Services Agreement (the Agreement), dated July 1, 2020, by and between Invesco Advisers, Inc., a Delaware corporation, and AIM Equity Funds (Invesco Equity Funds), a Delaware statutory trust.
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to change the following Funds names;
FUND NAME | NEW FUND NAME | |
Invesco Oppenheimer Main Street All Cap Fund | Invesco Main Street All Cap Fund | |
Invesco Oppenheimer Main Street Fund | Invesco Main Street Fund | |
Invesco Oppenheimer Rising Dividends Fund | Invesco Rising Dividends Fund; |
NOW, THEREFORE, the parties agree that;
1. | Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following: |
APPENDIX A
TO
THIRD AMENDED AND RESTATED
MASTER ADMINISTRATIVE SERVICES AGREEMENT
OF
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
Portfolios |
Effective Date of Agreement | |
Invesco Charter Fund | July 1, 2006 | |
Invesco Diversified Dividend Fund | July 1, 2006 | |
Invesco Main Street Fund® | May 24, 2019 | |
Invesco Main Street All Cap Fund® | May 24, 2019 | |
Invesco Rising Dividends Fund | May 24, 2019 | |
Invesco Summit Fund | April 30, 2008 |
The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows:
Rate* |
Invesco Fund Complex Net Assets** | |
0.0175% |
First $100 billion | |
0.0150% |
Next $100 billion | |
0.0135% |
Next $100 billion | |
0.0125% |
Next $100 billion | |
0.010% |
Over $400 billion |
* | The fee will be paid monthly at 1/12 of the annualized effective fee rate based on the average assets under management of the Invesco Fund Complex Net Assets of the prior month. |
** | Invesco Fund Complex Net Assets means the aggregate monthly net assets of each mutual fund and closed-end fund in the Invesco Fund complex overseen by the Invesco Funds Board. |
2. | All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.
INVESCO ADVISERS, INC. | ||
By: | /s/ Jeffrey H. Kupor | |
Jeffrey H. Kupor | ||
Senior Vice President & Secretary | ||
AIM EQUITY FUNDS | ||
(INVESCO EQUITY FUNDS) | ||
By: | /s/ Jeffrey H. Kupor | |
Jeffrey H. Kupor | ||
Secretary, Senior Vice President and | ||
Chief Legal Officer |
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in this Registration Statement on Form N-1A of AIM Equity Funds (Invesco Equity Funds) of our reports dated December 29, 2020 relating to the financial statements and financial highlights of Invesco Charter Fund, Invesco Diversified Dividend Fund, Invesco Main Street All Cap Fund®, Invesco Main Street Fund®, Invesco Rising Dividends Fund, and Invesco Summit Fund which appear in AIM Equity Funds (Invesco Equity Funds)s Annual Report on Form N-CSR for the year ended October 31, 2020. We also consent to the references to us under the headings Independent Registered Public Accounting Firm, Financial Highlights, and Financial Statements in such Registration Statement.
/s/PricewaterhouseCoopers LLP
Houston, Texas
February 24, 2021
AMENDMENT NO. 1
TO
DISTRIBUTION AND SERVICE PLAN (COMPENSATION) (the Plan)
CLASS A SHARES
CLASS C SHARES
CLASS R SHARES
Of the Funds listed on Schedule A (each, a Fund and collectively, the Funds)
The Distribution and Service Plan (the Plan), dated as of May 24, 2019, as subsequently amended, pursuant to Rule 12b-1, is hereby amended, dated April 17, 2020, as follows:
WHEREAS, the parties desire to amend the Plan to remove Invesco Oppenheimer Dividend Opportunity Fund;
NOW THEREFORE, Schedule A to the Plan is hereby deleted in its entirety and replaced with the following:
SCHEDULE A
DISTRIBUTION AND SERVICE PLAN (COMPENSATION)
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
Portfolio | Share Class | Maximum Asset Based Sales Charge |
Maximum Shareholder Services Fee |
Maximum Aggregate Fee |
||||||||||||
Invesco Oppenheimer Main Street All Cap Fund |
|
Class C Class R |
|
|
0.75 0.50 |
% % |
|
0.25 0.25 |
% % |
|
1.00 0.50 |
% % | ||||
Invesco Oppenheimer Main Street Fund |
|
Class C Class R |
|
|
0.75 0.50 |
% % |
|
0.25 0.25 |
% % |
|
1.00 0.50 |
% % | ||||
Invesco Oppenheimer Rising Dividends Fund |
|
Class A Class C Class R |
|
|
NONE 0.75 0.50 |
% % |
|
0.25 0.25 0.25 |
% % % |
|
0.25 1.00 0.50 |
% % % |
AMENDMENT NO. 2
TO
DISTRIBUTION AND SERVICE PLAN (COMPENSATION) (the Plan)
CLASS A SHARES
CLASS C SHARES
CLASS R SHARES
Of the Funds listed on Schedule A (each, a Fund and collectively, the Funds)
The Distribution and Service Plan (the Plan), dated as of May 24, 2019, as subsequently amended, pursuant to Rule 12b-1, is hereby amended, dated September 30, 2020, as follows:
WHEREAS, the parties desire to amend the Plan to change the following Funds names:
FUND NAME |
NEW FUND NAME | |
Invesco Oppenheimer Main Street All Cap Fund |
Invesco Main Street All Cap Fund | |
Invesco Oppenheimer Main Street Fund |
Invesco Main Street Fund | |
Invesco Oppenheimer Rising Dividends Fund |
Invesco Rising Dividends Fund; |
NOW THEREFORE, Schedule A to the Plan is hereby deleted in its entirety and replaced with the following:
SCHEDULE A
DISTRIBUTION AND SERVICE PLAN (COMPENSATION)
AIM EQUITY FUNDS (INVESCO EQUITY FUNDS)
Portfolio | Share Class | Maximum Asset Based Sales Charge |
Maximum Shareholder Services Fee |
Maximum Aggregate Fee |
||||||||||||
Invesco Main Street All Cap Fund |
|
Class C Class R |
|
|
0.75 0.50 |
% % |
|
0.25 0.25 |
% % |
|
1.00 0.50 |
% % | ||||
Invesco Main Street Fund |
|
Class C Class R |
|
|
0.75 0.50 |
% % |
|
0.25 0.25 |
% % |
|
1.00 0.50 |
% % | ||||
Invesco Rising Dividends Fund |
|
Class A Class C Class R |
|
|
NONE 0.75 0.50 |
% % |
|
0.25 0.25 0.25 |
% % % |
|
0.25 1.00 0.50 |
% % % |
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M,DT$@RDB'(;G'%<1K_@S[3KL]_8KIT<']EM;212S/$6E:XCE#,R#(!V-\V
Feb. 26, 2021 |
---|
Invesco Charter Fund |
<span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> |
The Fund’s investment objective is long-term growth of capital. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> |
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> |
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
You would pay the following expenses if you did not redeem your shares: |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> |
The portfolio management team seeks to construct a portfolio of issuers that have high or improving return on invested capital, quality management, a strong competitive position and that are trading at attractive valuations. The Fund invests primarily in equity securities. The principal type of equity securities in which the Fund invests is common stock. The Fund may invest in the securities of issuers of all capitalization sizes and, a substantial number of the issuers in which the Fund invests are large-capitalization issuers.The Fund may invest up to 25% of its net assets in foreign securities, which include foreign debt and foreign equity securities.The Fund can invest in derivative instruments, including futures contracts and forward foreign currency contracts.The Fund can use futures contracts, including index futures, to gain exposure to the broad market by equitizing cash and as a hedge against downside risk.The Fund can use forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated.The portfolio managers use fundamental research to select securities for the Fund’s portfolio, which is comprised of both growth and value stocks. While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a company’s financial performance, company strength and prospects, industry position, and business model and management strength. Industry outlook, market trends and general economic conditions may also be considered. The portfolio is constructed and regularly monitored based upon several analytical tools, including quantitative investment models. Quantitative models are used as part of the idea generation process to rank securities within each sector to identify potential buy and sell candidates for further fundamental analysis. The Fund aims to maintain a broadly diversified portfolio across major economic sectors by applying investment parameters for both sector and position size. The portfolio managers use the following sell criteria: the stock price is approaching its target, deterioration in the company’s competitive position, poor execution by the company’s management, or identification of more attractive alternative investment ideas. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> |
As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.Risks of Growth Investing. If a growth company’s earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, the value of its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.Sector Focus Risk. The Fund may from time to time have a significant amount of its assets invested in one market sector or group of related industries. In this event, the Fund’s performance will depend to a greater extent on the overall condition of the sector or group of industries and there is increased risk that the Fund will lose significant value if conditions adversely affect that sector or group of industries.Foreign Securities Risk. The Fund's foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Foreign investments also involve the risk of the possible seizure, nationalization or expropriation of the issuer or foreign deposits (in which the Fund could lose its entire investments in a certain market) and the possible adoption of foreign governmental restrictions such as exchange controls. Unless the Fund has hedged its foreign securities risk, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. Currency hedging strategies, if used, are not always successful. For instance, currency forward contracts, if used by the Fund, could reduce performance if there are unanticipated changes in currency exchange rates.Derivatives Risk. The value of a derivative instrument depends largely on (and is derived from) the value of an underlying security, currency, commodity, interest rate, index or other asset (each referred to as an underlying asset). In addition to risks relating to the underlying assets, the use of derivatives may include other, possibly greater, risks, including counterparty, leverage and liquidity risks. Counterparty risk is the risk that the counterparty to the derivative contract will default on its obligation to pay the Fund the amount owed or otherwise perform under the derivative contract. Derivatives create leverage risk because they do not require payment up front equal to the economic exposure created by holding a position in the derivative. As a result, an adverse change in the value of the underlying asset could result in the Fund sustaining a loss that is substantially greater than the amount invested in the derivative or the anticipated value of the underlying asset, which may make the Fund’s returns more volatile and increase the risk of loss. Derivative instruments may also be less liquid than more traditional investments and the Fund may be unable to sell or close out its derivative positions at a desirable time or price. This risk may be more acute under adverse market conditions, during which the Fund may be most in need of liquidating its derivative positions. Derivatives may also be harder to value, less tax efficient and subject to changing government regulation that could impact the Fund’s ability to use certain derivatives or their cost. Derivatives strategies may not always be successful. For example, derivatives used for hedging or to gain or limit exposure to a particular market segment may not provide the expected benefits, particularly during adverse market conditions.Debt Securities Risk. The prices of debt securities held by the Fund will be affected by changes in interest rates, the creditworthiness of the issuer and other factors. An increase in prevailing interest rates typically causes the value of existing debt securities to fall and often has a greater impact on longer-duration debt securities and higher quality debt securities. Falling interest rates will cause the Fund to reinvest the proceeds of debt securities that have been repaid by the issuer at lower interest rates. Falling interest rates may also reduce the Fund’s distributable income because interest payments on floating rate debt instruments held by the Fund will decline. The Fund could lose money on investments in debt securities if the issuer or borrower fails to meet its obligations to make interest payments and/or to repay principal in a timely manner. Changes in an issuer’s financial strength, the market’s perception of such strength or in the credit rating of the issuer or the security may affect the value of debt securities. The Adviser’s credit analysis may fail to anticipate such changes, which could result in buying a debt security at an inopportune time or failing to sell a debt security in advance of a price decline or other credit event.Risks of Quantitative Models. The portfolio managers use quantitative models as part of the idea generation process. Quantitative models are based upon many factors that measure individual securities relative to each other. Such models, which can be adversely affected by errors or imperfections in the factors or the data on which measurements are based, any technical issues with construction or implementation of the model, or a failure to perform as expected, may not identify securities that perform well in the future.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> |
The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).The Fund's past performance (before and after taxes) is not necessarily an indication of its future performance.Updated performance information is available on the Fund's website at www.invesco.com/us. |
<span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> |
Class A sharesPeriod EndingReturnsBest QuarterJune 30, 202018.58%Worst QuarterMarch 31, 2020-20.59% |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> |
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. |
Annual Fund Operating Expenses - Invesco Charter Fund |
Feb. 26, 2021 |
---|---|
Class A | |
Operating Expenses: | |
Management Fees | 0.62% |
Distribution and/or Service (12b-1) Fees | 0.25% |
Other Expenses | 0.20% |
Total Annual Fund Operating Expenses | 1.07% |
Class C | |
Operating Expenses: | |
Management Fees | 0.62% |
Distribution and/or Service (12b-1) Fees | 1.00% |
Other Expenses | 0.20% |
Total Annual Fund Operating Expenses | 1.82% |
Class R | |
Operating Expenses: | |
Management Fees | 0.62% |
Distribution and/or Service (12b-1) Fees | 0.50% |
Other Expenses | 0.20% |
Total Annual Fund Operating Expenses | 1.32% |
Class S | |
Operating Expenses: | |
Management Fees | 0.62% |
Distribution and/or Service (12b-1) Fees | 0.15% |
Other Expenses | 0.20% |
Total Annual Fund Operating Expenses | 0.97% |
Class Y | |
Operating Expenses: | |
Management Fees | 0.62% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.20% |
Total Annual Fund Operating Expenses | 0.82% |
Class R5 | |
Operating Expenses: | |
Management Fees | 0.62% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.14% |
Total Annual Fund Operating Expenses | 0.76% |
Class R6 | |
Operating Expenses: | |
Management Fees | 0.62% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.07% |
Total Annual Fund Operating Expenses | 0.69% |
Expense Example - Invesco Charter Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class S
1 Year
|
Class S
3 Years
|
Class S
5 Years
|
Class S
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 653 | 872 | 1,108 | 1,784 | 285 | 573 | 985 | 1,940 | 134 | 418 | 723 | 1,590 | 99 | 309 | 536 | 1,190 | 84 | 262 | 455 | 1,014 | 78 | 243 | 422 | 942 | 70 | 221 | 384 | 859 |
Expense Example, No Redemption - Invesco Charter Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class S
1 Year
|
Class S
3 Years
|
Class S
5 Years
|
Class S
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 653 | 872 | 1,108 | 1,784 | 185 | 573 | 985 | 1,940 | 134 | 418 | 723 | 1,590 | 99 | 309 | 536 | 1,190 | 84 | 262 | 455 | 1,014 | 78 | 243 | 422 | 942 | 70 | 221 | 384 | 859 |
Annual Total Returns[BarChart] - Invesco Charter Fund - Class A |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
---|---|---|---|---|---|---|---|---|---|---|
Total | (0.11%) | 13.07% | 28.34% | 7.74% | (6.40%) | 10.32% | 13.25% | (9.65%) | 29.01% | 13.50% |
Average Annual Total Returns - Invesco Charter Fund |
Class A
Inception Date
|
Class A
1 Year
|
Class A
5 Years
|
Class A
10 Years
|
Class A
Return After Taxes on Distributions
1 Year
|
Class A
Return After Taxes on Distributions
5 Years
|
Class A
Return After Taxes on Distributions
10 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
1 Year
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
5 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
10 Years
|
Class C
Inception Date
|
Class C
1 Year
|
Class C
5 Years
|
Class C
10 Years
|
Class R
Inception Date
|
Class R
1 Year
|
Class R
5 Years
|
Class R
10 Years
|
Class S
Inception Date
|
Class S
1 Year
|
Class S
5 Years
|
Class S
10 Years
|
Class Y
Inception Date
|
Class Y
1 Year
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
Inception Date
|
Class R5
1 Year
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
Inception Date
|
Class R6
1 Year
|
Class R6
5 Years
|
Class R6
10 Years
|
Russell 1000® Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
Russell 1000® Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
Russell 1000® Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
Lipper Large Cap Core Funds Index
1 Year
|
Lipper Large Cap Core Funds Index
5 Years
|
Lipper Large Cap Core Funds Index
10 Years
|
|||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Nov. 26, 1968 | 7.24% | 9.33% | 8.61% | 6.65% | 6.99% | 6.68% | 4.70% | 6.98% | 6.60% | Aug. 04, 1997 | 11.58% | 9.74% | 8.57% | Jun. 03, 2002 | 13.21% | 10.30% | 8.96% | Sep. 25, 2009 | 13.61% | 10.69% | 9.34% | Oct. 03, 2008 | 13.78% | 10.84% | 9.50% | Jul. 30, 1991 | 13.82% | 10.94% | 9.60% | Sep. 24, 2012 | 13.91% | 11.01% | 9.59% | [1] | 20.96% | 15.60% | 14.01% | 18.40% | 15.22% | 13.88% | 16.10% | 14.04% | 12.49% | ||
|
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Prospectus Date | rr_ProspectusDate | Feb. 26, 2021 | ||||
Invesco Charter Fund | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | <span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> | ||||
Objective [Heading] | rr_ObjectiveHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> | ||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is long-term growth of capital. | ||||
Expense [Heading] | rr_ExpenseHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> | ||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. | ||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> | ||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> | ||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> | ||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. | ||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 45.00% | ||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).” | ||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">50,000</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;"> in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).</span> | ||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | $ 50,000 | ||||
Expense Example [Heading] | rr_ExpenseExampleHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> | ||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: | ||||
Expense Example, No Redemption Narrative [Text Block] | rr_ExpenseExampleNoRedemptionNarrativeTextBlock | You would pay the following expenses if you did not redeem your shares: | ||||
Strategy [Heading] | rr_StrategyHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> | ||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The portfolio management team seeks to construct a portfolio of issuers that have high or improving return on invested capital, quality management, a strong competitive position and that are trading at attractive valuations. The Fund invests primarily in equity securities. The principal type of equity securities in which the Fund invests is common stock. The Fund may invest in the securities of issuers of all capitalization sizes and, a substantial number of the issuers in which the Fund invests are large-capitalization issuers.The Fund may invest up to 25% of its net assets in foreign securities, which include foreign debt and foreign equity securities.The Fund can invest in derivative instruments, including futures contracts and forward foreign currency contracts.The Fund can use futures contracts, including index futures, to gain exposure to the broad market by equitizing cash and as a hedge against downside risk.The Fund can use forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated.The portfolio managers use fundamental research to select securities for the Fund’s portfolio, which is comprised of both growth and value stocks. While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a company’s financial performance, company strength and prospects, industry position, and business model and management strength. Industry outlook, market trends and general economic conditions may also be considered. The portfolio is constructed and regularly monitored based upon several analytical tools, including quantitative investment models. Quantitative models are used as part of the idea generation process to rank securities within each sector to identify potential buy and sell candidates for further fundamental analysis. The Fund aims to maintain a broadly diversified portfolio across major economic sectors by applying investment parameters for both sector and position size. The portfolio managers use the following sell criteria: the stock price is approaching its target, deterioration in the company’s competitive position, poor execution by the company’s management, or identification of more attractive alternative investment ideas. | ||||
Risk [Heading] | rr_RiskHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> | ||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.Risks of Growth Investing. If a growth company’s earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, the value of its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.Sector Focus Risk. The Fund may from time to time have a significant amount of its assets invested in one market sector or group of related industries. In this event, the Fund’s performance will depend to a greater extent on the overall condition of the sector or group of industries and there is increased risk that the Fund will lose significant value if conditions adversely affect that sector or group of industries.Foreign Securities Risk. The Fund's foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Foreign investments also involve the risk of the possible seizure, nationalization or expropriation of the issuer or foreign deposits (in which the Fund could lose its entire investments in a certain market) and the possible adoption of foreign governmental restrictions such as exchange controls. Unless the Fund has hedged its foreign securities risk, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. Currency hedging strategies, if used, are not always successful. For instance, currency forward contracts, if used by the Fund, could reduce performance if there are unanticipated changes in currency exchange rates.Derivatives Risk. The value of a derivative instrument depends largely on (and is derived from) the value of an underlying security, currency, commodity, interest rate, index or other asset (each referred to as an underlying asset). In addition to risks relating to the underlying assets, the use of derivatives may include other, possibly greater, risks, including counterparty, leverage and liquidity risks. Counterparty risk is the risk that the counterparty to the derivative contract will default on its obligation to pay the Fund the amount owed or otherwise perform under the derivative contract. Derivatives create leverage risk because they do not require payment up front equal to the economic exposure created by holding a position in the derivative. As a result, an adverse change in the value of the underlying asset could result in the Fund sustaining a loss that is substantially greater than the amount invested in the derivative or the anticipated value of the underlying asset, which may make the Fund’s returns more volatile and increase the risk of loss. Derivative instruments may also be less liquid than more traditional investments and the Fund may be unable to sell or close out its derivative positions at a desirable time or price. This risk may be more acute under adverse market conditions, during which the Fund may be most in need of liquidating its derivative positions. Derivatives may also be harder to value, less tax efficient and subject to changing government regulation that could impact the Fund’s ability to use certain derivatives or their cost. Derivatives strategies may not always be successful. For example, derivatives used for hedging or to gain or limit exposure to a particular market segment may not provide the expected benefits, particularly during adverse market conditions.Debt Securities Risk. The prices of debt securities held by the Fund will be affected by changes in interest rates, the creditworthiness of the issuer and other factors. An increase in prevailing interest rates typically causes the value of existing debt securities to fall and often has a greater impact on longer-duration debt securities and higher quality debt securities. Falling interest rates will cause the Fund to reinvest the proceeds of debt securities that have been repaid by the issuer at lower interest rates. Falling interest rates may also reduce the Fund’s distributable income because interest payments on floating rate debt instruments held by the Fund will decline. The Fund could lose money on investments in debt securities if the issuer or borrower fails to meet its obligations to make interest payments and/or to repay principal in a timely manner. Changes in an issuer’s financial strength, the market’s perception of such strength or in the credit rating of the issuer or the security may affect the value of debt securities. The Adviser’s credit analysis may fail to anticipate such changes, which could result in buying a debt security at an inopportune time or failing to sell a debt security in advance of a price decline or other credit event.Risks of Quantitative Models. The portfolio managers use quantitative models as part of the idea generation process. Quantitative models are based upon many factors that measure individual securities relative to each other. Such models, which can be adversely affected by errors or imperfections in the factors or the data on which measurements are based, any technical issues with construction or implementation of the model, or a failure to perform as expected, may not identify securities that perform well in the future.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. | ||||
Risk Lose Money [Text] | rr_RiskLoseMoney | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">As with any mutual fund investment, loss of money is a risk of investing. </span> | ||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">An </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency.</span> | ||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> | ||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).The Fund's past performance (before and after taxes) is not necessarily an indication of its future performance.Updated performance information is available on the Fund's website at www.invesco.com/us. | ||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).</span> | ||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">www.invesco.com/us</span> | ||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The Fund's past performance (before and </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">after taxes) is not necessarily an indication of its future performance.</span> | ||||
Bar Chart [Heading] | rr_BarChartHeading | <span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> | ||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | <span style="color:#000000;font-family:Arial;font-size:8.60pt;margin-left:0%;">The bar chart does not reflect sales loads. If it did, the annual total returns </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">shown would be lower.</span> | ||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Class A sharesPeriod EndingReturnsBest QuarterJune 30, 202018.58%Worst QuarterMarch 31, 2020-20.59% | ||||
Performance Table Heading | rr_PerformanceTableHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> | ||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</span> | ||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">Actual after-tax returns depend </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.</span> | ||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">returns are shown for Class A shares only and after-tax returns for other classes will vary.</span> | ||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. | ||||
Invesco Charter Fund | Class A | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.50% | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | [1] | |||
Management Fees | rr_ManagementFeesOverAssets | 0.62% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.07% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 653 | ||||
3 Years | rr_ExpenseExampleYear03 | 872 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,108 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,784 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 653 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 872 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,108 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,784 | ||||
2011 | rr_AnnualReturn2011 | (0.11%) | ||||
2012 | rr_AnnualReturn2012 | 13.07% | ||||
2013 | rr_AnnualReturn2013 | 28.34% | ||||
2014 | rr_AnnualReturn2014 | 7.74% | ||||
2015 | rr_AnnualReturn2015 | (6.40%) | ||||
2016 | rr_AnnualReturn2016 | 10.32% | ||||
2017 | rr_AnnualReturn2017 | 13.25% | ||||
2018 | rr_AnnualReturn2018 | (9.65%) | ||||
2019 | rr_AnnualReturn2019 | 29.01% | ||||
2020 | rr_AnnualReturn2020 | 13.50% | ||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Best Quarter</span> | ||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2020 | ||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 18.58% | ||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Worst Quarter</span> | ||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Mar. 31, 2020 | ||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (20.59%) | ||||
1 Year | rr_AverageAnnualReturnYear01 | 7.24% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 9.33% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.61% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Nov. 26, 1968 | ||||
Invesco Charter Fund | Class C | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.62% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.82% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 285 | ||||
3 Years | rr_ExpenseExampleYear03 | 573 | ||||
5 Years | rr_ExpenseExampleYear05 | 985 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,940 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 185 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 573 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 985 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,940 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 11.58% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 9.74% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.57% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 04, 1997 | ||||
Invesco Charter Fund | Class R | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.62% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.32% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 134 | ||||
3 Years | rr_ExpenseExampleYear03 | 418 | ||||
5 Years | rr_ExpenseExampleYear05 | 723 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,590 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 134 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 418 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 723 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,590 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 13.21% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 10.30% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.96% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Jun. 03, 2002 | ||||
Invesco Charter Fund | Class S | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.62% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.15% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.97% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 99 | ||||
3 Years | rr_ExpenseExampleYear03 | 309 | ||||
5 Years | rr_ExpenseExampleYear05 | 536 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,190 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 99 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 309 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 536 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,190 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 13.61% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 10.69% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.34% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Sep. 25, 2009 | ||||
Invesco Charter Fund | Class Y | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.62% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.82% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 84 | ||||
3 Years | rr_ExpenseExampleYear03 | 262 | ||||
5 Years | rr_ExpenseExampleYear05 | 455 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,014 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 84 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 262 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 455 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,014 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 13.78% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 10.84% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.50% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Oct. 03, 2008 | ||||
Invesco Charter Fund | Class R5 | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.62% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.14% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.76% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 78 | ||||
3 Years | rr_ExpenseExampleYear03 | 243 | ||||
5 Years | rr_ExpenseExampleYear05 | 422 | ||||
10 Years | rr_ExpenseExampleYear10 | 942 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 78 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 243 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 422 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 942 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 13.82% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 10.94% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.60% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Jul. 30, 1991 | ||||
Invesco Charter Fund | Class R6 | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.62% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.07% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.69% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 70 | ||||
3 Years | rr_ExpenseExampleYear03 | 221 | ||||
5 Years | rr_ExpenseExampleYear05 | 384 | ||||
10 Years | rr_ExpenseExampleYear10 | 859 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 70 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 221 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 384 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 859 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 13.91% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 11.01% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.59% | [2] | |||
Inception Date | rr_AverageAnnualReturnInceptionDate | Sep. 24, 2012 | ||||
Invesco Charter Fund | Return After Taxes on Distributions | Class A | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 6.65% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 6.99% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 6.68% | ||||
Invesco Charter Fund | Return After Taxes on Distributions and Sale of Fund Shares | Class A | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 4.70% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 6.98% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 6.60% | ||||
Invesco Charter Fund | Russell 1000® Index (reflects no deductions for fees, expenses or taxes) | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 20.96% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 15.60% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 14.01% | ||||
Invesco Charter Fund | S&P 500® Index (reflects no deductions for fees, expenses or taxes) | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 18.40% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 15.22% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 13.88% | ||||
Invesco Charter Fund | Lipper Large Cap Core Funds Index | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 16.10% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 14.04% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 12.49% | ||||
|
Feb. 26, 2021 |
---|
Invesco Diversified Dividend Fund |
<span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> |
The Fund’s investment objective is long-term growth of capital and, |
secondarily, current income. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> |
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> |
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
You would pay the following expenses if you did not redeem your shares: |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> |
The Fund invests primarily in dividend-paying equity securities. The principal type of equity security in which the Fund invests is common stock.The Fund invests in securities that the portfolio managers believe are undervalued based on various valuation measures.The Fund may invest up to 25% of its net assets in securities of foreign issuers.In selecting investments, the portfolio managers seek to identify dividend-paying issuers with strong profitability, solid balance sheets and capital allocation policies that support sustained or increasing dividends and share repurchases. Through fundamental research, financial statement analysis and the use of several valuation techniques, the management team estimates a target price for each security over a 2-3 year investment horizon. The portfolio managers seek to manage risk by utilizing a valuation framework, careful stock selection and a rigorous buy-and-sell discipline and incorporate an assessment of the potential reward relative to the downside risk to determine a fair valuation over the investment horizon. When evaluating cyclical businesses, the management team seeks companies that have normalized earnings power greater than that implied by their current market valuation and that return capital to shareholders via dividends and share repurchases. The portfolio managers then construct a portfolio they believe provides the best total return profile, which is created by seeking a combination of price appreciation potential, dividend income and capital preservation.The portfolio managers maintain a rigorous sell discipline and consider selling or trimming a position in a stock when it no longer materially meets our investment criteria, including when (1) a stock reaches its fair valuation (target price); (2) a company’s fundamental business prospects deteriorate; or (3) a more attractive investment opportunity presents itself. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> |
As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.Dividend Risk. There is no guarantee that the issuers of the stocks held by the Fund will declare dividends in the future or that, if dividends are declared, they will remain at their current levels or increase over time. Depending on market conditions, dividend paying stocks that also meet the Fund’s investment criteria may not be widely available for purchase by the Fund. This may increase the volatility of the Fund’s returns and may limit the ability of the Fund to produce current income while remaining fully diversified. High-dividend stocks may not experience high earnings growth or capital appreciation. The Fund’s performance during a broad market advance could suffer because dividend paying stocks may not experience the same capital appreciation as non-dividend paying stocks.Foreign Securities Risk. The Fund's foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Foreign investments also involve the risk of the possible seizure, nationalization or expropriation of the issuer or foreign deposits (in which the Fund could lose its entire investments in a certain market) and the possible adoption of foreign governmental restrictions such as exchange controls. Unless the Fund has hedged its foreign securities risk, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. Currency hedging strategies, if used, are not always successful. For instance, currency forward contracts, if used by the Fund, could reduce performance if there are unanticipated changes in currency exchange rates.Industry and Sector Focus. The Fund may from time to time have a significant amount of its assets invested in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund has a significant amount of its assets invested in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> |
The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).The Fund's past performance (before and after taxes) is not necessarily an indication of its future performance.Updated performance information is available on the Fund's website at www.invesco.com/us. |
<span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> |
Class A sharesPeriod EndingReturnsBest QuarterDecember 31, 202013.58%Worst QuarterMarch 31, 2020-24.29% |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> |
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. |
Shareholder Fees - Invesco Diversified Dividend Fund |
Feb. 26, 2021 |
|||
---|---|---|---|---|
Class A | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | 5.50% | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | [1] | ||
Class C | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | 1.00% | |||
Investor Class | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class Y | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R5 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R6 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
|
Annual Fund Operating Expenses - Invesco Diversified Dividend Fund |
Feb. 26, 2021 |
---|---|
Class A | |
Operating Expenses: | |
Management Fees | 0.39% |
Distribution and/or Service (12b-1) Fees | 0.25% |
Other Expenses | 0.19% |
Acquired Fund Fees and Expenses | 0.01% |
Total Annual Fund Operating Expenses | 0.84% |
Class C | |
Operating Expenses: | |
Management Fees | 0.39% |
Distribution and/or Service (12b-1) Fees | 1.00% |
Other Expenses | 0.19% |
Acquired Fund Fees and Expenses | 0.01% |
Total Annual Fund Operating Expenses | 1.59% |
Investor Class | |
Operating Expenses: | |
Management Fees | 0.39% |
Distribution and/or Service (12b-1) Fees | 0.19% |
Other Expenses | 0.19% |
Acquired Fund Fees and Expenses | 0.01% |
Total Annual Fund Operating Expenses | 0.78% |
Class R | |
Operating Expenses: | |
Management Fees | 0.39% |
Distribution and/or Service (12b-1) Fees | 0.50% |
Other Expenses | 0.19% |
Acquired Fund Fees and Expenses | 0.01% |
Total Annual Fund Operating Expenses | 1.09% |
Class Y | |
Operating Expenses: | |
Management Fees | 0.39% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.19% |
Acquired Fund Fees and Expenses | 0.01% |
Total Annual Fund Operating Expenses | 0.59% |
Class R5 | |
Operating Expenses: | |
Management Fees | 0.39% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.13% |
Acquired Fund Fees and Expenses | 0.01% |
Total Annual Fund Operating Expenses | 0.53% |
Class R6 | |
Operating Expenses: | |
Management Fees | 0.39% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.04% |
Acquired Fund Fees and Expenses | 0.01% |
Total Annual Fund Operating Expenses | 0.44% |
Expense Example - Invesco Diversified Dividend Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Investor Class
1 Year
|
Investor Class
3 Years
|
Investor Class
5 Years
|
Investor Class
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 631 | 803 | 990 | 1,530 | 262 | 502 | 866 | 1,688 | 80 | 249 | 433 | 966 | 111 | 347 | 601 | 1,329 | 60 | 189 | 329 | 738 | 54 | 170 | 296 | 665 | 45 | 141 | 246 | 555 |
Expense Example, No Redemption - Invesco Diversified Dividend Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Investor Class
1 Year
|
Investor Class
3 Years
|
Investor Class
5 Years
|
Investor Class
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 631 | 803 | 990 | 1,530 | 162 | 502 | 866 | 1,688 | 80 | 249 | 433 | 966 | 111 | 347 | 601 | 1,329 | 60 | 189 | 329 | 738 | 54 | 170 | 296 | 665 | 45 | 141 | 246 | 555 |
Annual Total Returns[BarChart] - Invesco Diversified Dividend Fund - Class A |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
---|---|---|---|---|---|---|---|---|---|---|
Total | (0.20%) | 17.17% | 29.00% | 11.93% | 1.78% | 14.33% | 8.20% | (7.77%) | 25.02% | 0.12% |
Average Annual Total Returns - Invesco Diversified Dividend Fund |
Class A
Inception Date
|
Class A
1 Year
|
Class A
5 Years
|
Class A
10 Years
|
Class A
Return After Taxes on Distributions
1 Year
|
Class A
Return After Taxes on Distributions
5 Years
|
Class A
Return After Taxes on Distributions
10 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
1 Year
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
5 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
10 Years
|
Class C
Inception Date
|
Class C
1 Year
|
Class C
5 Years
|
Class C
10 Years
|
Investor Class
Inception Date
|
Investor Class
1 Year
|
Investor Class
5 Years
|
Investor Class
10 Years
|
Class R
Inception Date
|
Class R
1 Year
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
Inception Date
|
Class Y
1 Year
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
Inception Date
|
Class R5
1 Year
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
Inception Date
|
Class R6
1 Year
|
Class R6
5 Years
|
Class R6
10 Years
|
Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
Lipper Large-Cap Value Funds Index
1 Year
|
Lipper Large-Cap Value Funds Index
5 Years
|
Lipper Large-Cap Value Funds Index
10 Years
|
|||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Dec. 31, 2001 | (5.39%) | 6.18% | 8.78% | (6.31%) | 5.04% | 7.79% | (2.66%) | 4.71% | 7.03% | Dec. 31, 2001 | (1.57%) | 6.60% | 8.74% | Jul. 15, 2005 | 0.20% | 7.45% | 9.45% | Oct. 25, 2005 | (0.14%) | 7.12% | 9.12% | Oct. 03, 2008 | 0.39% | 7.65% | 9.66% | Oct. 25, 2005 | 0.44% | 7.72% | 9.73% | Sep. 24, 2012 | 0.54% | 7.82% | 9.75% | [1] | 2.80% | 9.74% | 10.50% | 18.40% | 15.22% | 13.88% | 5.63% | 10.77% | 10.42% | ||
|
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Prospectus Date | rr_ProspectusDate | Feb. 26, 2021 | ||||
Invesco Diversified Dividend Fund | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | <span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> | ||||
Objective [Heading] | rr_ObjectiveHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> | ||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is long-term growth of capital and, | ||||
Objective, Secondary [Text Block] | rr_ObjectiveSecondaryTextBlock | secondarily, current income. | ||||
Expense [Heading] | rr_ExpenseHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> | ||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. | ||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> | ||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> | ||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> | ||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. | ||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 8.00% | ||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).” | ||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">50,000</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;"> in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).</span> | ||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | $ 50,000 | ||||
Expense Example [Heading] | rr_ExpenseExampleHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> | ||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: | ||||
Expense Example, No Redemption Narrative [Text Block] | rr_ExpenseExampleNoRedemptionNarrativeTextBlock | You would pay the following expenses if you did not redeem your shares: | ||||
Strategy [Heading] | rr_StrategyHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> | ||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund invests primarily in dividend-paying equity securities. The principal type of equity security in which the Fund invests is common stock.The Fund invests in securities that the portfolio managers believe are undervalued based on various valuation measures.The Fund may invest up to 25% of its net assets in securities of foreign issuers.In selecting investments, the portfolio managers seek to identify dividend-paying issuers with strong profitability, solid balance sheets and capital allocation policies that support sustained or increasing dividends and share repurchases. Through fundamental research, financial statement analysis and the use of several valuation techniques, the management team estimates a target price for each security over a 2-3 year investment horizon. The portfolio managers seek to manage risk by utilizing a valuation framework, careful stock selection and a rigorous buy-and-sell discipline and incorporate an assessment of the potential reward relative to the downside risk to determine a fair valuation over the investment horizon. When evaluating cyclical businesses, the management team seeks companies that have normalized earnings power greater than that implied by their current market valuation and that return capital to shareholders via dividends and share repurchases. The portfolio managers then construct a portfolio they believe provides the best total return profile, which is created by seeking a combination of price appreciation potential, dividend income and capital preservation.The portfolio managers maintain a rigorous sell discipline and consider selling or trimming a position in a stock when it no longer materially meets our investment criteria, including when (1) a stock reaches its fair valuation (target price); (2) a company’s fundamental business prospects deteriorate; or (3) a more attractive investment opportunity presents itself. | ||||
Risk [Heading] | rr_RiskHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> | ||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.Dividend Risk. There is no guarantee that the issuers of the stocks held by the Fund will declare dividends in the future or that, if dividends are declared, they will remain at their current levels or increase over time. Depending on market conditions, dividend paying stocks that also meet the Fund’s investment criteria may not be widely available for purchase by the Fund. This may increase the volatility of the Fund’s returns and may limit the ability of the Fund to produce current income while remaining fully diversified. High-dividend stocks may not experience high earnings growth or capital appreciation. The Fund’s performance during a broad market advance could suffer because dividend paying stocks may not experience the same capital appreciation as non-dividend paying stocks.Foreign Securities Risk. The Fund's foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Foreign investments also involve the risk of the possible seizure, nationalization or expropriation of the issuer or foreign deposits (in which the Fund could lose its entire investments in a certain market) and the possible adoption of foreign governmental restrictions such as exchange controls. Unless the Fund has hedged its foreign securities risk, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. Currency hedging strategies, if used, are not always successful. For instance, currency forward contracts, if used by the Fund, could reduce performance if there are unanticipated changes in currency exchange rates.Industry and Sector Focus. The Fund may from time to time have a significant amount of its assets invested in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund has a significant amount of its assets invested in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. | ||||
Risk Lose Money [Text] | rr_RiskLoseMoney | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">As with any mutual fund investment, loss of money is a risk of investing. </span> | ||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">An </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency.</span> | ||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> | ||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).The Fund's past performance (before and after taxes) is not necessarily an indication of its future performance.Updated performance information is available on the Fund's website at www.invesco.com/us. | ||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).</span> | ||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">www.invesco.com/us</span> | ||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The Fund's past performance (before and </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">after taxes) is not necessarily an indication of its future performance.</span> | ||||
Bar Chart [Heading] | rr_BarChartHeading | <span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> | ||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | <span style="color:#000000;font-family:Arial;font-size:8.60pt;margin-left:0%;">The bar chart does not reflect sales loads. If it did, the annual total returns </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">shown would be lower.</span> | ||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Class A sharesPeriod EndingReturnsBest QuarterDecember 31, 202013.58%Worst QuarterMarch 31, 2020-24.29% | ||||
Performance Table Heading | rr_PerformanceTableHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> | ||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</span> | ||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">Actual after-tax returns depend </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.</span> | ||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">returns are shown for Class A shares only and after-tax returns for other classes will vary.</span> | ||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. | ||||
Invesco Diversified Dividend Fund | Class A | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.50% | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | [1] | |||
Management Fees | rr_ManagementFeesOverAssets | 0.39% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.19% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.84% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 631 | ||||
3 Years | rr_ExpenseExampleYear03 | 803 | ||||
5 Years | rr_ExpenseExampleYear05 | 990 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,530 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 631 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 803 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 990 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,530 | ||||
2011 | rr_AnnualReturn2011 | (0.20%) | ||||
2012 | rr_AnnualReturn2012 | 17.17% | ||||
2013 | rr_AnnualReturn2013 | 29.00% | ||||
2014 | rr_AnnualReturn2014 | 11.93% | ||||
2015 | rr_AnnualReturn2015 | 1.78% | ||||
2016 | rr_AnnualReturn2016 | 14.33% | ||||
2017 | rr_AnnualReturn2017 | 8.20% | ||||
2018 | rr_AnnualReturn2018 | (7.77%) | ||||
2019 | rr_AnnualReturn2019 | 25.02% | ||||
2020 | rr_AnnualReturn2020 | 0.12% | ||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Best Quarter</span> | ||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Dec. 31, 2020 | ||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 13.58% | ||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Worst Quarter</span> | ||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Mar. 31, 2020 | ||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (24.29%) | ||||
1 Year | rr_AverageAnnualReturnYear01 | (5.39%) | ||||
5 Years | rr_AverageAnnualReturnYear05 | 6.18% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.78% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 31, 2001 | ||||
Invesco Diversified Dividend Fund | Class C | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.39% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.19% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.59% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 262 | ||||
3 Years | rr_ExpenseExampleYear03 | 502 | ||||
5 Years | rr_ExpenseExampleYear05 | 866 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,688 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 162 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 502 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 866 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,688 | ||||
1 Year | rr_AverageAnnualReturnYear01 | (1.57%) | ||||
5 Years | rr_AverageAnnualReturnYear05 | 6.60% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.74% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 31, 2001 | ||||
Invesco Diversified Dividend Fund | Investor Class | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.39% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.19% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.19% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.78% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 80 | ||||
3 Years | rr_ExpenseExampleYear03 | 249 | ||||
5 Years | rr_ExpenseExampleYear05 | 433 | ||||
10 Years | rr_ExpenseExampleYear10 | 966 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 80 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 249 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 433 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 966 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 0.20% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 7.45% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.45% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Jul. 15, 2005 | ||||
Invesco Diversified Dividend Fund | Class R | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.39% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.19% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.09% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 111 | ||||
3 Years | rr_ExpenseExampleYear03 | 347 | ||||
5 Years | rr_ExpenseExampleYear05 | 601 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,329 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 111 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 347 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 601 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,329 | ||||
1 Year | rr_AverageAnnualReturnYear01 | (0.14%) | ||||
5 Years | rr_AverageAnnualReturnYear05 | 7.12% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.12% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Oct. 25, 2005 | ||||
Invesco Diversified Dividend Fund | Class Y | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.39% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.19% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.59% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 60 | ||||
3 Years | rr_ExpenseExampleYear03 | 189 | ||||
5 Years | rr_ExpenseExampleYear05 | 329 | ||||
10 Years | rr_ExpenseExampleYear10 | 738 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 60 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 189 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 329 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 738 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 0.39% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 7.65% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.66% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Oct. 03, 2008 | ||||
Invesco Diversified Dividend Fund | Class R5 | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.39% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.13% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.53% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 54 | ||||
3 Years | rr_ExpenseExampleYear03 | 170 | ||||
5 Years | rr_ExpenseExampleYear05 | 296 | ||||
10 Years | rr_ExpenseExampleYear10 | 665 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 54 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 170 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 296 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 665 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 0.44% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 7.72% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.73% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Oct. 25, 2005 | ||||
Invesco Diversified Dividend Fund | Class R6 | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.39% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.04% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.44% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 45 | ||||
3 Years | rr_ExpenseExampleYear03 | 141 | ||||
5 Years | rr_ExpenseExampleYear05 | 246 | ||||
10 Years | rr_ExpenseExampleYear10 | 555 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 45 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 141 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 246 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 555 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 0.54% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 7.82% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.75% | [2] | |||
Inception Date | rr_AverageAnnualReturnInceptionDate | Sep. 24, 2012 | ||||
Invesco Diversified Dividend Fund | Return After Taxes on Distributions | Class A | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | (6.31%) | ||||
5 Years | rr_AverageAnnualReturnYear05 | 5.04% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 7.79% | ||||
Invesco Diversified Dividend Fund | Return After Taxes on Distributions and Sale of Fund Shares | Class A | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | (2.66%) | ||||
5 Years | rr_AverageAnnualReturnYear05 | 4.71% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 7.03% | ||||
Invesco Diversified Dividend Fund | Russell 1000® Value Index (reflects no deductions for fees, expenses or taxes) | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 2.80% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 9.74% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 10.50% | ||||
Invesco Diversified Dividend Fund | S&P 500® Index (reflects no deductions for fees, expenses or taxes) | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 18.40% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 15.22% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 13.88% | ||||
Invesco Diversified Dividend Fund | Lipper Large-Cap Value Funds Index | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 5.63% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 10.77% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 10.42% | ||||
|
Feb. 26, 2021 |
---|
Invesco Main Street All Cap Fund |
<span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> |
The Fund’s investment objective is to seek capital appreciation. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> |
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> |
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
You would pay the following expenses if you did not redeem your shares: |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> |
The Fund invests primarily in common stock of U.S. companies of any market capitalization size. The Fund may also invest in securities of foreign issuers.While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a company’s financial performance, company strength and prospects, industry position, and business model and management strength. Industry outlook, market trends and general economic conditions may also be considered. The portfolio is constructed and regularly monitored based upon several analytical tools, including quantitative investment models. Quantitative models are used as part of the idea generation process to rank securities within each sector to identify potential buy and sell candidates for further fundamental analysis.The Fund aims to maintain a diversified portfolio across major economic sectors by applying investment parameters for both sector and position size. The portfolio also includes both growth and value stocks. The portfolio managers may sell a security if the stock price is approaching its target; if there has been a deterioration in the company’s competitive position or poor execution by the company’s management; or if more attractive alter-native investment ideas have been identified. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> |
As with any mutual fund investment, loss of money is a risk of investing.An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.Risks of Growth Investing. If a growth company’s earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, the value of its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.Industry and Sector Focus. The Fund may from time to time have a significant amount of its assets invested in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund has a significant amount of its assets invested in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.Risks of Foreign Investing. Foreign securities are subject to special risks. Securities traded in foreign markets may be less liquid and more volatile than those traded in U.S. markets. Foreign issuers are usually not subject to the same accounting and disclosure requirements that U.S. companies are subject to, which may make it difficult for the Fund to evaluate a foreign company’s operations or financial condition. A change in the value of a foreign currency against the U.S. dollar will result in a change in the U.S. dollar value of investments denominated in that foreign currency and in the value of any income or distributions the Fund may receive on those investments. The value of foreign investments may be affected by exchange control regulations, foreign taxes, higher transaction and other costs, delays in the settlement of transactions, changes in economic or monetary policy in the United States or abroad, expropriation or nationalization of a company’s assets, or other political and economic factors. In addition, due to the inter-relationship of global economies and financial markets, changes in political and economic factors in one country or region could adversely affect conditions in another country or region. Investments in foreign securities may also expose the Fund to time-zone arbitrage risk. Foreign securities may trade on weekends or other days when the Fund does not price its shares. As a result, the value of the Fund’s net assets may change on days when you will not be able to purchase or redeem the Fund’s shares. At times, the Fund may emphasize investments in a particular country or region and may be subject to greater risks from adverse events that occur in that country or region. Foreign securities and foreign currencies held in foreign banks and securities depositories may be subject to only limited or no regulatory oversight.Risks of Quantitative Models. The portfolio managers use quantitative models as part of the idea generation process. Quantitative models are based upon many factors that measure individual securities relative to each other. Such models, which can be adversely affected by errors or imperfections in the factors or the data on which measurements are based, any technical issues with construction or implementation of the model, or a failure to perform as expected, may not always identify securities that perform well in the future.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> |
The bar chart and performance table provide an indication of the risks of investing in the Fund. The Fund has adopted the performance of the Oppenheimer Main Street All Cap Fund (the predecessor fund) as the result of a reorganization of the predecessor fund into the Fund, which was consummated after the close of business on May 24, 2019 (the “Reorganization”). Prior to the Reorganization, the Fund had not yet commenced operations. The bar chart shows changes in the performance of the predecessor fund and the Fund from year to year as of December 31. The performance table compares the predecessor fund’s and the Fund’s performance to that of a broad-based securities market benchmark.The Fund’s (and the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.The returns shown for periods ending on or prior to May 24, 2019 are those of the Class A, Class C, Class R and Class Y shares of the predecessor fund. Class A, Class C, Class R and Class Y shares of the predecessor fund were reorganized into Class A, Class C, Class R and Class Y shares, respectively, of the Fund after the close of business on May 24, 2019. Class A, Class C, Class R and Class Y shares’ returns of the Fund will be different from the returns of the predecessor fund as they have different expenses. Class R5 and Class R6 shares’ returns of the Fund will be different from Class A shares’ returns of the Fund and the predecessor fund as they have different expenses. Performance for Class A shares has been restated to reflect the Fund’s applicable sales charge.Updated performance information is available on the Fund’s website at www.invesco.com/us. |
<span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> |
Class A sharesPeriod EndingReturnsBest QuarterJune 30, 202021.91%Worst QuarterMarch 31, 2020-20.03% |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> |
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. |
Shareholder Fees - Invesco Main Street All Cap Fund |
Feb. 26, 2021 |
|||
---|---|---|---|---|
Class A | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | 5.50% | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | [1] | ||
Class C | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | 1.00% | |||
Class R | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class Y | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R5 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R6 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
|
Annual Fund Operating Expenses - Invesco Main Street All Cap Fund |
Feb. 26, 2021 |
|||
---|---|---|---|---|
Class A | ||||
Operating Expenses: | ||||
Management Fees | 0.66% | |||
Distribution and/or Service (12b-1) Fees | 0.24% | [1] | ||
Other Expenses | 0.22% | |||
Total Annual Fund Operating Expenses | 1.12% | |||
Class C | ||||
Operating Expenses: | ||||
Management Fees | 0.66% | |||
Distribution and/or Service (12b-1) Fees | 1.00% | [1] | ||
Other Expenses | 0.22% | |||
Total Annual Fund Operating Expenses | 1.88% | |||
Class R | ||||
Operating Expenses: | ||||
Management Fees | 0.66% | |||
Distribution and/or Service (12b-1) Fees | 0.50% | [1] | ||
Other Expenses | 0.22% | |||
Total Annual Fund Operating Expenses | 1.38% | |||
Class Y | ||||
Operating Expenses: | ||||
Management Fees | 0.66% | |||
Distribution and/or Service (12b-1) Fees | none | [1] | ||
Other Expenses | 0.22% | |||
Total Annual Fund Operating Expenses | 0.88% | |||
Class R5 | ||||
Operating Expenses: | ||||
Management Fees | 0.66% | |||
Distribution and/or Service (12b-1) Fees | none | [1] | ||
Other Expenses | 0.14% | |||
Total Annual Fund Operating Expenses | 0.80% | |||
Class R6 | ||||
Operating Expenses: | ||||
Management Fees | 0.66% | |||
Distribution and/or Service (12b-1) Fees | none | [1] | ||
Other Expenses | 0.14% | |||
Total Annual Fund Operating Expenses | 0.80% | |||
|
Expense Example - Invesco Main Street All Cap Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 658 | 886 | 1,133 | 1,838 | 291 | 591 | 1,016 | 2,003 | 140 | 437 | 755 | 1,657 | 90 | 281 | 488 | 1,084 | 82 | 255 | 444 | 990 | 82 | 255 | 444 | 990 |
Expense Example, No Redemption - Invesco Main Street All Cap Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 658 | 886 | 1,133 | 1,838 | 191 | 591 | 1,016 | 2,003 | 140 | 437 | 755 | 1,657 | 90 | 281 | 488 | 1,084 | 82 | 255 | 444 | 990 | 82 | 255 | 444 | 990 |
Annual Total Returns[BarChart] - Invesco Main Street All Cap Fund - Class A |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
---|---|---|---|---|---|---|---|---|---|---|
Total | (2.93%) | 15.96% | 29.20% | 7.42% | (1.37%) | 9.82% | 16.07% | (10.38%) | 32.85% | 19.79% |
Average Annual Total Returns - Invesco Main Street All Cap Fund |
Class A
Inception Date
|
Class A
1 Year
|
Class A
5 Years
|
Class A
10 Years
|
Class A
Return After Taxes on Distributions
1 Year
|
Class A
Return After Taxes on Distributions
5 Years
|
Class A
Return After Taxes on Distributions
10 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
1 Year
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
5 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
10 Years
|
Class C
Inception Date
|
Class C
1 Year
|
Class C
5 Years
|
Class C
10 Years
|
Class R
Inception Date
|
Class R
1 Year
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
Inception Date
|
Class Y
1 Year
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
Inception Date
|
Class R5
1 Year
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
Inception Date
|
Class R6
1 Year
|
Class R6
5 Years
|
Class R6
10 Years
|
Russell 3000® Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
Russell 3000® Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
Russell 3000® Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Sep. 25, 2000 | 13.18% | 11.43% | 10.23% | 12.93% | 9.83% | 9.09% | 7.97% | 8.66% | 8.09% | Sep. 25, 2000 | 17.88% | 11.86% | 10.20% | Mar. 01, 2001 | 19.45% | 12.40% | 10.56% | Sep. 25, 2000 | 20.02% | 12.95% | 11.14% | May 24, 2019 | 20.19% | 12.82% | [1] | 10.91% | [1] | May 24, 2019 | 20.13% | 12.82% | [1] | 10.91% | [1] | 20.89% | 15.43% | 13.79% | ||
|
Label | Element | Value | ||||||
---|---|---|---|---|---|---|---|---|
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Prospectus Date | rr_ProspectusDate | Feb. 26, 2021 | ||||||
Invesco Main Street All Cap Fund | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Risk/Return [Heading] | rr_RiskReturnHeading | <span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> | ||||||
Objective [Heading] | rr_ObjectiveHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> | ||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is to seek capital appreciation. | ||||||
Expense [Heading] | rr_ExpenseHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> | ||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. | ||||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> | ||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> | ||||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> | ||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. | ||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 28.00% | ||||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).” | ||||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">50,000</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;"> in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).</span> | ||||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | $ 50,000 | ||||||
Expenses Restated to Reflect Current [Text] | rr_ExpensesRestatedToReflectCurrent | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">Distribution and/or Service (12b-1) Fees reflect actual fees as of the Fund's most recent fiscal year end.</span> | ||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> | ||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: | ||||||
Expense Example, No Redemption Narrative [Text Block] | rr_ExpenseExampleNoRedemptionNarrativeTextBlock | You would pay the following expenses if you did not redeem your shares: | ||||||
Strategy [Heading] | rr_StrategyHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> | ||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund invests primarily in common stock of U.S. companies of any market capitalization size. The Fund may also invest in securities of foreign issuers.While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a company’s financial performance, company strength and prospects, industry position, and business model and management strength. Industry outlook, market trends and general economic conditions may also be considered. The portfolio is constructed and regularly monitored based upon several analytical tools, including quantitative investment models. Quantitative models are used as part of the idea generation process to rank securities within each sector to identify potential buy and sell candidates for further fundamental analysis.The Fund aims to maintain a diversified portfolio across major economic sectors by applying investment parameters for both sector and position size. The portfolio also includes both growth and value stocks. The portfolio managers may sell a security if the stock price is approaching its target; if there has been a deterioration in the company’s competitive position or poor execution by the company’s management; or if more attractive alter-native investment ideas have been identified. | ||||||
Risk [Heading] | rr_RiskHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> | ||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | As with any mutual fund investment, loss of money is a risk of investing.An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.Risks of Growth Investing. If a growth company’s earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, the value of its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.Industry and Sector Focus. The Fund may from time to time have a significant amount of its assets invested in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund has a significant amount of its assets invested in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.Risks of Foreign Investing. Foreign securities are subject to special risks. Securities traded in foreign markets may be less liquid and more volatile than those traded in U.S. markets. Foreign issuers are usually not subject to the same accounting and disclosure requirements that U.S. companies are subject to, which may make it difficult for the Fund to evaluate a foreign company’s operations or financial condition. A change in the value of a foreign currency against the U.S. dollar will result in a change in the U.S. dollar value of investments denominated in that foreign currency and in the value of any income or distributions the Fund may receive on those investments. The value of foreign investments may be affected by exchange control regulations, foreign taxes, higher transaction and other costs, delays in the settlement of transactions, changes in economic or monetary policy in the United States or abroad, expropriation or nationalization of a company’s assets, or other political and economic factors. In addition, due to the inter-relationship of global economies and financial markets, changes in political and economic factors in one country or region could adversely affect conditions in another country or region. Investments in foreign securities may also expose the Fund to time-zone arbitrage risk. Foreign securities may trade on weekends or other days when the Fund does not price its shares. As a result, the value of the Fund’s net assets may change on days when you will not be able to purchase or redeem the Fund’s shares. At times, the Fund may emphasize investments in a particular country or region and may be subject to greater risks from adverse events that occur in that country or region. Foreign securities and foreign currencies held in foreign banks and securities depositories may be subject to only limited or no regulatory oversight.Risks of Quantitative Models. The portfolio managers use quantitative models as part of the idea generation process. Quantitative models are based upon many factors that measure individual securities relative to each other. Such models, which can be adversely affected by errors or imperfections in the factors or the data on which measurements are based, any technical issues with construction or implementation of the model, or a failure to perform as expected, may not always identify securities that perform well in the future.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. | ||||||
Risk Lose Money [Text] | rr_RiskLoseMoney | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">As with any mutual fund investment, loss of money is a risk of investing.</span> | ||||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">An </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency.</span> | ||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> | ||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and performance table provide an indication of the risks of investing in the Fund. The Fund has adopted the performance of the Oppenheimer Main Street All Cap Fund (the predecessor fund) as the result of a reorganization of the predecessor fund into the Fund, which was consummated after the close of business on May 24, 2019 (the “Reorganization”). Prior to the Reorganization, the Fund had not yet commenced operations. The bar chart shows changes in the performance of the predecessor fund and the Fund from year to year as of December 31. The performance table compares the predecessor fund’s and the Fund’s performance to that of a broad-based securities market benchmark.The Fund’s (and the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.The returns shown for periods ending on or prior to May 24, 2019 are those of the Class A, Class C, Class R and Class Y shares of the predecessor fund. Class A, Class C, Class R and Class Y shares of the predecessor fund were reorganized into Class A, Class C, Class R and Class Y shares, respectively, of the Fund after the close of business on May 24, 2019. Class A, Class C, Class R and Class Y shares’ returns of the Fund will be different from the returns of the predecessor fund as they have different expenses. Class R5 and Class R6 shares’ returns of the Fund will be different from Class A shares’ returns of the Fund and the predecessor fund as they have different expenses. Performance for Class A shares has been restated to reflect the Fund’s applicable sales charge.Updated performance information is available on the Fund’s website at www.invesco.com/us. | ||||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The bar chart shows changes in the performance of </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">the predecessor fund and the Fund from year to year as of December 31. </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;margin-left:0%;">The performance table compares the predecessor fund’s and the Fund’s </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">performance to that of a broad-based securities market benchmark.</span> | ||||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">www.invesco.com/us.</span> | ||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">Fund’s (and the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</span> | ||||||
Bar Chart [Heading] | rr_BarChartHeading | <span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> | ||||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | <span style="color:#000000;font-family:Arial;font-size:8.60pt;margin-left:0%;">The bar chart does not reflect sales loads. If it did, the annual total returns </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">shown would be lower.</span> | ||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Class A sharesPeriod EndingReturnsBest QuarterJune 30, 202021.91%Worst QuarterMarch 31, 2020-20.03% | ||||||
Performance Table Heading | rr_PerformanceTableHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> | ||||||
Performance Table Does Reflect Sales Loads | rr_PerformanceTableDoesReflectSalesLoads | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">Performance for Class A shares has been </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">restated to reflect the Fund’s applicable sales charge.</span> | ||||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</span> | ||||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">Actual after-tax returns depend </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.</span> | ||||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">returns are shown for Class A shares only and after-tax returns for other classes will vary.</span> | ||||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. | ||||||
Invesco Main Street All Cap Fund | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.50% | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | [1] | |||||
Management Fees | rr_ManagementFeesOverAssets | 0.66% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.24% | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.22% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.12% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 658 | ||||||
3 Years | rr_ExpenseExampleYear03 | 886 | ||||||
5 Years | rr_ExpenseExampleYear05 | 1,133 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,838 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 658 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 886 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,133 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,838 | ||||||
2011 | rr_AnnualReturn2011 | (2.93%) | ||||||
2012 | rr_AnnualReturn2012 | 15.96% | ||||||
2013 | rr_AnnualReturn2013 | 29.20% | ||||||
2014 | rr_AnnualReturn2014 | 7.42% | ||||||
2015 | rr_AnnualReturn2015 | (1.37%) | ||||||
2016 | rr_AnnualReturn2016 | 9.82% | ||||||
2017 | rr_AnnualReturn2017 | 16.07% | ||||||
2018 | rr_AnnualReturn2018 | (10.38%) | ||||||
2019 | rr_AnnualReturn2019 | 32.85% | ||||||
2020 | rr_AnnualReturn2020 | 19.79% | ||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Best Quarter</span> | ||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2020 | ||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 21.91% | ||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Worst Quarter</span> | ||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Mar. 31, 2020 | ||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (20.03%) | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 13.18% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 11.43% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 10.23% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Sep. 25, 2000 | ||||||
Invesco Main Street All Cap Fund | Class C | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.66% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.22% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.88% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 291 | ||||||
3 Years | rr_ExpenseExampleYear03 | 591 | ||||||
5 Years | rr_ExpenseExampleYear05 | 1,016 | ||||||
10 Years | rr_ExpenseExampleYear10 | 2,003 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 191 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 591 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,016 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,003 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 17.88% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 11.86% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 10.20% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Sep. 25, 2000 | ||||||
Invesco Main Street All Cap Fund | Class R | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.66% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.22% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.38% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 140 | ||||||
3 Years | rr_ExpenseExampleYear03 | 437 | ||||||
5 Years | rr_ExpenseExampleYear05 | 755 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,657 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 140 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 437 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 755 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,657 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 19.45% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 12.40% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 10.56% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Mar. 01, 2001 | ||||||
Invesco Main Street All Cap Fund | Class Y | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.66% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.22% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.88% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 90 | ||||||
3 Years | rr_ExpenseExampleYear03 | 281 | ||||||
5 Years | rr_ExpenseExampleYear05 | 488 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,084 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 90 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 281 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 488 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,084 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 20.02% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 12.95% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 11.14% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Sep. 25, 2000 | ||||||
Invesco Main Street All Cap Fund | Class R5 | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.66% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.14% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.80% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 82 | ||||||
3 Years | rr_ExpenseExampleYear03 | 255 | ||||||
5 Years | rr_ExpenseExampleYear05 | 444 | ||||||
10 Years | rr_ExpenseExampleYear10 | 990 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 82 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 255 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 444 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 990 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 20.19% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 12.82% | [3] | |||||
10 Years | rr_AverageAnnualReturnYear10 | 10.91% | [3] | |||||
Inception Date | rr_AverageAnnualReturnInceptionDate | May 24, 2019 | ||||||
Invesco Main Street All Cap Fund | Class R6 | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.66% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.14% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.80% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 82 | ||||||
3 Years | rr_ExpenseExampleYear03 | 255 | ||||||
5 Years | rr_ExpenseExampleYear05 | 444 | ||||||
10 Years | rr_ExpenseExampleYear10 | 990 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 82 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 255 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 444 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 990 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 20.13% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 12.82% | [3] | |||||
10 Years | rr_AverageAnnualReturnYear10 | 10.91% | [3] | |||||
Inception Date | rr_AverageAnnualReturnInceptionDate | May 24, 2019 | ||||||
Invesco Main Street All Cap Fund | Return After Taxes on Distributions | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 12.93% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.83% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 9.09% | ||||||
Invesco Main Street All Cap Fund | Return After Taxes on Distributions and Sale of Fund Shares | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 7.97% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 8.66% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 8.09% | ||||||
Invesco Main Street All Cap Fund | Russell 3000® Index (reflects no deductions for fees, expenses or taxes) | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 20.89% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 15.43% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 13.79% | ||||||
|
Feb. 26, 2021 |
---|
Invesco Main Street Fund |
<span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> |
The Fund’s investment objective is to seek capital appreciation. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> |
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> |
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
You would pay the following expenses if you did not redeem your shares: |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> |
The Fund mainly invests in common stocks of U.S. companies of different capitalization ranges. The Fund currently focuses on “larger capitalization” issuers, which are considered to be companies with market capitalizations equal to the companies in the Russell 1000 Index. The portfolio managers use fundamental research to select securities for the Fund’s portfolio, which is comprised of both growth and value stocks. While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a company’s financial performance, company strength and prospects, industry position, and business model and management strength. Industry outlook, market trends and general economic conditions may also be considered.The portfolio is constructed and regularly monitored based upon several analytical tools, including quantitative investment models. Quantitative models are used as part of the idea generation process to rank securities within each sector to identify potential buy and sell candidates for further fundamental analysis. The Fund aims to maintain a broadly diversified portfolio across major economic sectors by applying investment parameters for both sector and position size. The portfolio managers use the following sell criteria: the stock price is approaching its target, deterioration in the company’s competitive position, poor execution by the company’s management, or identification of more attractive alternative investment ideas. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> |
As with any mutual fund investment, loss of money is a risk of investing.An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Risks of Growth Investing. If a growth company’s earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, the value of its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.Industry and Sector Focus. The Fund may from time to time have a significant amount of its assets invested in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund has a significant amount of its assets invested in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.Risks of Quantitative Models. The portfolio managers use quantitative models as part of the idea generation process. Quantitative models are based upon many factors that measure individual securities relative to each other. Such models, which can be adversely affected by errors or imperfections in the factors or the data on which measurements are based, any technical issues with construction or implementation of the model, or a failure to perform as expected, may not identify securities that perform well in the future.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> |
The bar chart and performance table provide an indication of the risks of investing in the Fund. The Fund has adopted the performance of the Oppenheimer Main Street Fund (the predecessor fund) as the result of a reorganization of the predecessor fund into the Fund, which was consummated after the close of business on May 24, 2019 (the “Reorganization”). Prior to the Reorganization, the Fund had not yet commenced operations. The bar chart shows changes in the performance of the predecessor fund from year to year as of December 31. The performance table compares the predecessor fund’s performance to that of a broad-based securities market benchmark.The Fund’s (and the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns shown for periods ending on or prior to May 24, 2019 are those of the Class A, Class C, Class Y and Class I shares of the predecessor fund. Class A, Class C, Class R, Class Y and Class I shares of the predecessor fund were reorganized into Class A, Class C, Class R, Class Y and Class R6 shares, respectively, of the Fund after the close of business on May 24, 2019. Class A, Class C, Class R, Class Y and Class R6 shares’ returns of the Fund will be different from the returns of the predecessor fund as they have different expenses. Class R5 shares’ returns of the Fund will be different from Class A shares’ returns of the Fund and the predecessor fund as they have different expenses. Performance for Class A shares has been restated to reflect the Fund’s applicable sales charge.Updated performance information is available on the Fund’s website at www.invesco.com/us. |
<span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> |
Class A sharesPeriod EndingReturnsBest QuarterJune 30, 202018.68%Worst QuarterMarch 31, 2020-20.15% |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> |
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. |
Shareholder Fees - Invesco Main Street Fund |
Feb. 26, 2021 |
|||
---|---|---|---|---|
Class A | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | 5.50% | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | [1] | ||
Class C | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | 1.00% | |||
Class R | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class Y | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R5 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R6 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
|
Annual Fund Operating Expenses - Invesco Main Street Fund |
Feb. 26, 2021 |
|||
---|---|---|---|---|
Class A | ||||
Operating Expenses: | ||||
Management Fees | 0.45% | |||
Distribution and/or Service (12b-1) Fees | 0.23% | [1] | ||
Other Expenses | 0.15% | |||
Total Annual Fund Operating Expenses | 0.83% | |||
Class C | ||||
Operating Expenses: | ||||
Management Fees | 0.45% | |||
Distribution and/or Service (12b-1) Fees | 1.00% | [1] | ||
Other Expenses | 0.15% | |||
Total Annual Fund Operating Expenses | 1.60% | |||
Class R | ||||
Operating Expenses: | ||||
Management Fees | 0.45% | |||
Distribution and/or Service (12b-1) Fees | 0.50% | [1] | ||
Other Expenses | 0.15% | |||
Total Annual Fund Operating Expenses | 1.10% | |||
Class Y | ||||
Operating Expenses: | ||||
Management Fees | 0.45% | |||
Distribution and/or Service (12b-1) Fees | none | [1] | ||
Other Expenses | 0.15% | |||
Total Annual Fund Operating Expenses | 0.60% | |||
Class R5 | ||||
Operating Expenses: | ||||
Management Fees | 0.45% | |||
Distribution and/or Service (12b-1) Fees | none | [1] | ||
Other Expenses | 0.03% | |||
Total Annual Fund Operating Expenses | 0.48% | |||
Class R6 | ||||
Operating Expenses: | ||||
Management Fees | 0.45% | |||
Distribution and/or Service (12b-1) Fees | none | [1] | ||
Other Expenses | 0.03% | |||
Total Annual Fund Operating Expenses | 0.48% | |||
|
Expense Example - Invesco Main Street Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 630 | 800 | 985 | 1,519 | 263 | 505 | 871 | 1,694 | 112 | 350 | 606 | 1,340 | 61 | 192 | 335 | 750 | 49 | 154 | 269 | 604 | 49 | 154 | 269 | 604 |
Expense Example, No Redemption - Invesco Main Street Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 630 | 800 | 985 | 1,519 | 163 | 505 | 871 | 1,694 | 112 | 350 | 606 | 1,340 | 61 | 192 | 335 | 750 | 49 | 154 | 269 | 604 | 49 | 154 | 269 | 604 |
Annual Total Returns[BarChart] - Invesco Main Street Fund - Class A |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
---|---|---|---|---|---|---|---|---|---|---|
Total | (0.22%) | 16.55% | 31.55% | 10.46% | 3.11% | 11.41% | 16.74% | (7.89%) | 31.94% | 14.37% |
Average Annual Total Returns - Invesco Main Street Fund |
Class A
Inception Date
|
Class A
1 Year
|
Class A
5 Years
|
Class A
10 Years
|
Class A
Return After Taxes on Distributions
1 Year
|
Class A
Return After Taxes on Distributions
5 Years
|
Class A
Return After Taxes on Distributions
10 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
1 Year
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
5 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
10 Years
|
Class C
Inception Date
|
Class C
1 Year
|
Class C
5 Years
|
Class C
10 Years
|
Class R
Inception Date
|
Class R
1 Year
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
Inception Date
|
Class Y
1 Year
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
Inception Date
|
Class R5
1 Year
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
Inception Date
|
Class R6
1 Year
|
Class R6
5 Years
|
Class R6
Since Inception
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Feb. 03, 1988 | 8.08% | 11.30% | 11.52% | 7.28% | 9.34% | 9.84% | 5.34% | 8.61% | 9.10% | Dec. 01, 1993 | 12.46% | 11.71% | 11.48% | Mar. 01, 2001 | 14.05% | 12.27% | 11.87% | Nov. 01, 1996 | 14.63% | 12.84% | 12.47% | May 24, 2019 | 14.76% | 12.70% | [1] | 12.22% | [1] | Dec. 29, 2011 | 14.74% | 13.01% | 14.03% | 18.40% | 15.22% | 13.88% | ||
|
Label | Element | Value | ||||||
---|---|---|---|---|---|---|---|---|
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Prospectus Date | rr_ProspectusDate | Feb. 26, 2021 | ||||||
Invesco Main Street Fund | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Risk/Return [Heading] | rr_RiskReturnHeading | <span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> | ||||||
Objective [Heading] | rr_ObjectiveHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> | ||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is to seek capital appreciation. | ||||||
Expense [Heading] | rr_ExpenseHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> | ||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. | ||||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> | ||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> | ||||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> | ||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. | ||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 37.00% | ||||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).” | ||||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">50,000</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;"> in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).</span> | ||||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | $ 50,000 | ||||||
Expenses Restated to Reflect Current [Text] | rr_ExpensesRestatedToReflectCurrent | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">Distribution and/or Service (12b-1) Fees reflect actual fees as of the Fund's most recent fiscal year end.</span> | ||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> | ||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: | ||||||
Expense Example, No Redemption Narrative [Text Block] | rr_ExpenseExampleNoRedemptionNarrativeTextBlock | You would pay the following expenses if you did not redeem your shares: | ||||||
Strategy [Heading] | rr_StrategyHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> | ||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund mainly invests in common stocks of U.S. companies of different capitalization ranges. The Fund currently focuses on “larger capitalization” issuers, which are considered to be companies with market capitalizations equal to the companies in the Russell 1000 Index. The portfolio managers use fundamental research to select securities for the Fund’s portfolio, which is comprised of both growth and value stocks. While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a company’s financial performance, company strength and prospects, industry position, and business model and management strength. Industry outlook, market trends and general economic conditions may also be considered.The portfolio is constructed and regularly monitored based upon several analytical tools, including quantitative investment models. Quantitative models are used as part of the idea generation process to rank securities within each sector to identify potential buy and sell candidates for further fundamental analysis. The Fund aims to maintain a broadly diversified portfolio across major economic sectors by applying investment parameters for both sector and position size. The portfolio managers use the following sell criteria: the stock price is approaching its target, deterioration in the company’s competitive position, poor execution by the company’s management, or identification of more attractive alternative investment ideas. | ||||||
Risk [Heading] | rr_RiskHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> | ||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | As with any mutual fund investment, loss of money is a risk of investing.An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Risks of Growth Investing. If a growth company’s earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, the value of its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a selected security is undervalued, the prices of that security might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.Industry and Sector Focus. The Fund may from time to time have a significant amount of its assets invested in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund has a significant amount of its assets invested in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.Risks of Quantitative Models. The portfolio managers use quantitative models as part of the idea generation process. Quantitative models are based upon many factors that measure individual securities relative to each other. Such models, which can be adversely affected by errors or imperfections in the factors or the data on which measurements are based, any technical issues with construction or implementation of the model, or a failure to perform as expected, may not identify securities that perform well in the future.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. | ||||||
Risk Lose Money [Text] | rr_RiskLoseMoney | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">As with any mutual fund investment, loss of money is a risk of investing.</span> | ||||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">An </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency.</span> | ||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> | ||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and performance table provide an indication of the risks of investing in the Fund. The Fund has adopted the performance of the Oppenheimer Main Street Fund (the predecessor fund) as the result of a reorganization of the predecessor fund into the Fund, which was consummated after the close of business on May 24, 2019 (the “Reorganization”). Prior to the Reorganization, the Fund had not yet commenced operations. The bar chart shows changes in the performance of the predecessor fund from year to year as of December 31. The performance table compares the predecessor fund’s performance to that of a broad-based securities market benchmark.The Fund’s (and the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The returns shown for periods ending on or prior to May 24, 2019 are those of the Class A, Class C, Class Y and Class I shares of the predecessor fund. Class A, Class C, Class R, Class Y and Class I shares of the predecessor fund were reorganized into Class A, Class C, Class R, Class Y and Class R6 shares, respectively, of the Fund after the close of business on May 24, 2019. Class A, Class C, Class R, Class Y and Class R6 shares’ returns of the Fund will be different from the returns of the predecessor fund as they have different expenses. Class R5 shares’ returns of the Fund will be different from Class A shares’ returns of the Fund and the predecessor fund as they have different expenses. Performance for Class A shares has been restated to reflect the Fund’s applicable sales charge.Updated performance information is available on the Fund’s website at www.invesco.com/us. | ||||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The bar chart shows changes in the performance of </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">the predecessor fund from year to year as of December 31. The performance table compares the predecessor fund’s performance to that of a broad-based securities market benchmark.</span> | ||||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">www.invesco.com/us.</span> | ||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The Fund’s (and the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</span> | ||||||
Bar Chart [Heading] | rr_BarChartHeading | <span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> | ||||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | <span style="color:#000000;font-family:Arial;font-size:8.60pt;margin-left:0%;">The bar chart does not reflect sales loads. If it did, the annual total returns </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">shown would be lower.</span> | ||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Class A sharesPeriod EndingReturnsBest QuarterJune 30, 202018.68%Worst QuarterMarch 31, 2020-20.15% | ||||||
Performance Table Heading | rr_PerformanceTableHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> | ||||||
Performance Table Does Reflect Sales Loads | rr_PerformanceTableDoesReflectSalesLoads | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">Performance for Class A </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">shares has been restated to reflect the Fund’s applicable sales charge.</span> | ||||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</span> | ||||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">Actual after-tax returns depend </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.</span> | ||||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">returns are shown for Class A shares only and after-tax returns for other classes will vary.</span> | ||||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. | ||||||
Invesco Main Street Fund | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.50% | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | [1] | |||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.23% | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.15% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.83% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 630 | ||||||
3 Years | rr_ExpenseExampleYear03 | 800 | ||||||
5 Years | rr_ExpenseExampleYear05 | 985 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,519 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 630 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 800 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 985 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,519 | ||||||
2011 | rr_AnnualReturn2011 | (0.22%) | ||||||
2012 | rr_AnnualReturn2012 | 16.55% | ||||||
2013 | rr_AnnualReturn2013 | 31.55% | ||||||
2014 | rr_AnnualReturn2014 | 10.46% | ||||||
2015 | rr_AnnualReturn2015 | 3.11% | ||||||
2016 | rr_AnnualReturn2016 | 11.41% | ||||||
2017 | rr_AnnualReturn2017 | 16.74% | ||||||
2018 | rr_AnnualReturn2018 | (7.89%) | ||||||
2019 | rr_AnnualReturn2019 | 31.94% | ||||||
2020 | rr_AnnualReturn2020 | 14.37% | ||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Best Quarter</span> | ||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2020 | ||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 18.68% | ||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Worst Quarter</span> | ||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Mar. 31, 2020 | ||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (20.15%) | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 8.08% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 11.30% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 11.52% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Feb. 03, 1988 | ||||||
Invesco Main Street Fund | Class C | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.15% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.60% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 263 | ||||||
3 Years | rr_ExpenseExampleYear03 | 505 | ||||||
5 Years | rr_ExpenseExampleYear05 | 871 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,694 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 163 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 505 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 871 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,694 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 12.46% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 11.71% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 11.48% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 01, 1993 | ||||||
Invesco Main Street Fund | Class R | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.15% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.10% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 112 | ||||||
3 Years | rr_ExpenseExampleYear03 | 350 | ||||||
5 Years | rr_ExpenseExampleYear05 | 606 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,340 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 112 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 350 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 606 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,340 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 14.05% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 12.27% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 11.87% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Mar. 01, 2001 | ||||||
Invesco Main Street Fund | Class Y | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.15% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.60% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 61 | ||||||
3 Years | rr_ExpenseExampleYear03 | 192 | ||||||
5 Years | rr_ExpenseExampleYear05 | 335 | ||||||
10 Years | rr_ExpenseExampleYear10 | 750 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 61 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 192 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 335 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 750 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 14.63% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 12.84% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 12.47% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Nov. 01, 1996 | ||||||
Invesco Main Street Fund | Class R5 | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.03% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.48% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 49 | ||||||
3 Years | rr_ExpenseExampleYear03 | 154 | ||||||
5 Years | rr_ExpenseExampleYear05 | 269 | ||||||
10 Years | rr_ExpenseExampleYear10 | 604 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 49 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 154 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 269 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 604 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 14.76% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 12.70% | [3] | |||||
10 Years | rr_AverageAnnualReturnYear10 | 12.22% | [3] | |||||
Inception Date | rr_AverageAnnualReturnInceptionDate | May 24, 2019 | ||||||
Invesco Main Street Fund | Class R6 | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | [2] | |||||
Other Expenses | rr_OtherExpensesOverAssets | 0.03% | ||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.48% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 49 | ||||||
3 Years | rr_ExpenseExampleYear03 | 154 | ||||||
5 Years | rr_ExpenseExampleYear05 | 269 | ||||||
10 Years | rr_ExpenseExampleYear10 | 604 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 49 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 154 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 269 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 604 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 14.74% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 13.01% | ||||||
Since Inception | rr_AverageAnnualReturnSinceInception | 14.03% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 29, 2011 | ||||||
Invesco Main Street Fund | Return After Taxes on Distributions | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 7.28% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.34% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 9.84% | ||||||
Invesco Main Street Fund | Return After Taxes on Distributions and Sale of Fund Shares | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 5.34% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 8.61% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 9.10% | ||||||
Invesco Main Street Fund | S&P 500® Index (reflects no deductions for fees, expenses or taxes) | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 18.40% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 15.22% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 13.88% | ||||||
|
Feb. 26, 2021 |
---|
Invesco Rising Dividends Fund |
<span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> |
The Fund’s investment objective is to seek total return. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> |
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> |
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
You would pay the following expenses if you did not redeem your shares: |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> |
The Fund invests mainly in common stocks of companies that currently pay dividends or are expected to begin paying dividends in the future. The Fund emphasizes investments in companies that are expected to grow their dividends over time. Under normal market conditions, the Fund will invest at least 80% of its net assets in securities of companies that the portfolio managers expect to experience dividend growth, including companies that currently pay dividends and are expected to increase them and companies that do not currently pay dividends but are expected to begin paying them in the near future, and in derivatives and other instruments that have economic characteristics similar to such securities.The Fund can invest in issuers in all capitalization ranges. Currently, the Fund’s stock investments are focused on large-cap issuers, but that emphasis can change over time. While the Fund mainly invests in common stocks of U.S. companies, it may also invest in other securities, including foreign stocks, fixed-income instruments, convertible securities, preferred stocks, and derivatives such as covered call options.In selecting investments for the Fund, the Fund uses a “bottom up” approach that focuses on the fundamental prospects of individual companies and issuers. The Fund mainly seeks companies that are believed to possess durable advantages relative to competitors within its industry, as well as whose managers generally prioritize dividend growth relative to other uses of corporate cash flow. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> |
As with any mutual fund investment, loss of money is a risk of investing.An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Industry and Sector Focus. The Fund may from time to time have a significant amount of its assets invested in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund has a significant amount of its assets invested in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.Dividend Risk. There is no guarantee that the issuers of the stocks held by the Fund will declare dividends in the future or that, if dividends are declared, they will remain at their current levels or increase over time. Depending on market conditions, dividend paying stocks that also meet the Fund’s investment criteria may not be widely available for purchase by the Fund. This may increase the volatility of the Fund’s returns and may limit the ability of the Fund to produce current income while remaining fully diversified. High-dividend stocks may not experience high earnings growth or capital appreciation. The Fund’s performance during a broad market advance could suffer because dividend paying stocks may not experience the same capital appreciation as non-dividend paying stocks.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> |
The bar chart and performance table provide an indication of the risks of investing in the Fund. The Fund has adopted the performance of the Oppenheimer Rising Dividends Fund (the predecessor fund) as the result of a reorganization of the predecessor fund into the Fund, which was consummated after the close of business on May 24, 2019 (the “Reorganization”). Prior to the Reorganization, the Fund had not yet commenced operations. The bar chart shows changes in the performance of the predecessor fund and the Fund from year to year as of December 31. The performance table compares the predecessor fund’s and the Fund’s performance to that of a broad measure of market performance and an additional index with characteristics relevant to the Fund.The Fund’s (and the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.The returns shown for periods ending on or prior to May 24, 2019 are those of the Class A, Class C, Class R, Class Y and Class I shares of the predecessor fund. Class A, Class C, Class R, Class Y and Class I shares of the predecessor fund were reorganized into Class A, Class C, Class R, Class Y and Class R6 shares, respectively, of the Fund after the close of business on May 24, 2019. Class A, Class C, Class R, Class Y and Class R6 shares’ returns of the Fund will be different from the returns of the predecessor fund as they have different expenses. Class R5 shares’ returns of the Fund will be different from Class A shares’ returns of the Fund and the predecessor fund as they have different expenses. Performance for Class A shares has been restated to reflect the Fund’s applicable sales charge.Updated performance information is available on the Fund’s website at www.invesco.com/us. |
<span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> |
Class A sharesPeriod EndingReturnsBest QuarterJune 30, 202018.62%Worst QuarterMarch 31, 2020-20.66% |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> |
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. |
Shareholder Fees - Invesco Rising Dividends Fund |
Feb. 26, 2021 |
|||
---|---|---|---|---|
Class A | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | 5.50% | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | [1] | ||
Class C | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | 1.00% | |||
Class R | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class Y | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R5 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R6 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
|
Annual Fund Operating Expenses - Invesco Rising Dividends Fund |
Feb. 26, 2021 |
|||
---|---|---|---|---|
Class A | ||||
Operating Expenses: | ||||
Management Fees | 0.59% | |||
Distribution and/or Service (12b-1) Fees | 0.25% | |||
Other Expenses | 0.20% | [1] | ||
Total Annual Fund Operating Expenses | 1.04% | |||
Class C | ||||
Operating Expenses: | ||||
Management Fees | 0.59% | |||
Distribution and/or Service (12b-1) Fees | 1.00% | |||
Other Expenses | 0.20% | [1] | ||
Total Annual Fund Operating Expenses | 1.79% | |||
Class R | ||||
Operating Expenses: | ||||
Management Fees | 0.59% | |||
Distribution and/or Service (12b-1) Fees | 0.50% | |||
Other Expenses | 0.20% | [1] | ||
Total Annual Fund Operating Expenses | 1.29% | |||
Class Y | ||||
Operating Expenses: | ||||
Management Fees | 0.59% | |||
Distribution and/or Service (12b-1) Fees | none | |||
Other Expenses | 0.20% | [1] | ||
Total Annual Fund Operating Expenses | 0.79% | |||
Class R5 | ||||
Operating Expenses: | ||||
Management Fees | 0.59% | |||
Distribution and/or Service (12b-1) Fees | none | |||
Other Expenses | 0.08% | [1] | ||
Total Annual Fund Operating Expenses | 0.67% | |||
Class R6 | ||||
Operating Expenses: | ||||
Management Fees | 0.59% | |||
Distribution and/or Service (12b-1) Fees | none | |||
Other Expenses | 0.08% | [1] | ||
Total Annual Fund Operating Expenses | 0.67% | |||
|
Expense Example - Invesco Rising Dividends Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 650 | 863 | 1,092 | 1,751 | 282 | 563 | 970 | 1,908 | 131 | 409 | 708 | 1,556 | 81 | 252 | 439 | 978 | 68 | 214 | 373 | 835 | 68 | 214 | 373 | 835 |
Expense Example, No Redemption - Invesco Rising Dividends Fund |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class R
1 Year
|
Class R
3 Years
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 650 | 863 | 1,092 | 1,751 | 182 | 563 | 970 | 1,908 | 131 | 409 | 708 | 1,556 | 81 | 252 | 439 | 978 | 68 | 214 | 373 | 835 | 68 | 214 | 373 | 835 |
Annual Total Returns[BarChart] - Invesco Rising Dividends Fund - Class A |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
---|---|---|---|---|---|---|---|---|---|---|
Total | 2.39% | 12.66% | 27.36% | 10.93% | (0.68%) | 4.53% | 16.76% | (6.52%) | 29.56% | 13.34% |
Average Annual Total Returns - Invesco Rising Dividends Fund |
Class A
Inception Date
|
Class A
1 Year
|
Class A
5 Years
|
Class A
10 Years
|
Class A
Return After Taxes on Distributions
1 Year
|
Class A
Return After Taxes on Distributions
5 Years
|
Class A
Return After Taxes on Distributions
10 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
1 Year
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
5 Years
|
Class A
Return After Taxes on Distributions and Sale of Fund Shares
10 Years
|
Class C
Inception Date
|
Class C
1 Year
|
Class C
5 Years
|
Class C
10 Years
|
Class R
Inception Date
|
Class R
1 Year
|
Class R
5 Years
|
Class R
10 Years
|
Class Y
Inception Date
|
Class Y
1 Year
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
Inception Date
|
Class R5
1 Year
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
Inception Date
|
Class R6
1 Year
|
Class R6
5 Years
|
Class R6
Since Inception
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
Russell 1000® Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
Russell 1000® Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
Russell 1000® Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Apr. 30, 1980 | 7.09% | 9.62% | 9.87% | 6.40% | 8.00% | 8.19% | 4.60% | 7.22% | 7.55% | Sep. 01, 1993 | 11.49% | 10.04% | 9.83% | Mar. 01, 2001 | 13.03% | 10.59% | 10.18% | Dec. 16, 1996 | 13.57% | 11.14% | 10.74% | May 24, 2019 | 13.73% | 11.00% | [1] | 10.56% | [1] | Feb. 28, 2012 | 13.78% | 11.32% | 10.98% | 18.40% | 15.22% | 13.88% | 20.96% | 15.60% | 14.01% | ||
|
Label | Element | Value | ||||||
---|---|---|---|---|---|---|---|---|
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Prospectus Date | rr_ProspectusDate | Feb. 26, 2021 | ||||||
Invesco Rising Dividends Fund | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Risk/Return [Heading] | rr_RiskReturnHeading | <span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> | ||||||
Objective [Heading] | rr_ObjectiveHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> | ||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is to seek total return. | ||||||
Expense [Heading] | rr_ExpenseHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> | ||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. | ||||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> | ||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> | ||||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> | ||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. | ||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 28.00% | ||||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).” | ||||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">50,000</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;"> in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).</span> | ||||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | $ 50,000 | ||||||
Expenses Restated to Reflect Current [Text] | rr_ExpensesRestatedToReflectCurrent | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">With respect to Class R6, “Other Expenses” have been restated to reflect current fees.</span> | ||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> | ||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: | ||||||
Expense Example, No Redemption Narrative [Text Block] | rr_ExpenseExampleNoRedemptionNarrativeTextBlock | You would pay the following expenses if you did not redeem your shares: | ||||||
Strategy [Heading] | rr_StrategyHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> | ||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund invests mainly in common stocks of companies that currently pay dividends or are expected to begin paying dividends in the future. The Fund emphasizes investments in companies that are expected to grow their dividends over time. Under normal market conditions, the Fund will invest at least 80% of its net assets in securities of companies that the portfolio managers expect to experience dividend growth, including companies that currently pay dividends and are expected to increase them and companies that do not currently pay dividends but are expected to begin paying them in the near future, and in derivatives and other instruments that have economic characteristics similar to such securities.The Fund can invest in issuers in all capitalization ranges. Currently, the Fund’s stock investments are focused on large-cap issuers, but that emphasis can change over time. While the Fund mainly invests in common stocks of U.S. companies, it may also invest in other securities, including foreign stocks, fixed-income instruments, convertible securities, preferred stocks, and derivatives such as covered call options.In selecting investments for the Fund, the Fund uses a “bottom up” approach that focuses on the fundamental prospects of individual companies and issuers. The Fund mainly seeks companies that are believed to possess durable advantages relative to competitors within its industry, as well as whose managers generally prioritize dividend growth relative to other uses of corporate cash flow. | ||||||
Risk [Heading] | rr_RiskHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> | ||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | As with any mutual fund investment, loss of money is a risk of investing.An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Industry and Sector Focus. The Fund may from time to time have a significant amount of its assets invested in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund has a significant amount of its assets invested in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.Dividend Risk. There is no guarantee that the issuers of the stocks held by the Fund will declare dividends in the future or that, if dividends are declared, they will remain at their current levels or increase over time. Depending on market conditions, dividend paying stocks that also meet the Fund’s investment criteria may not be widely available for purchase by the Fund. This may increase the volatility of the Fund’s returns and may limit the ability of the Fund to produce current income while remaining fully diversified. High-dividend stocks may not experience high earnings growth or capital appreciation. The Fund’s performance during a broad market advance could suffer because dividend paying stocks may not experience the same capital appreciation as non-dividend paying stocks.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. | ||||||
Risk Lose Money [Text] | rr_RiskLoseMoney | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">As with any mutual fund investment, loss of money is a risk of investing.</span> | ||||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">An </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency.</span> | ||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> | ||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and performance table provide an indication of the risks of investing in the Fund. The Fund has adopted the performance of the Oppenheimer Rising Dividends Fund (the predecessor fund) as the result of a reorganization of the predecessor fund into the Fund, which was consummated after the close of business on May 24, 2019 (the “Reorganization”). Prior to the Reorganization, the Fund had not yet commenced operations. The bar chart shows changes in the performance of the predecessor fund and the Fund from year to year as of December 31. The performance table compares the predecessor fund’s and the Fund’s performance to that of a broad measure of market performance and an additional index with characteristics relevant to the Fund.The Fund’s (and the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.The returns shown for periods ending on or prior to May 24, 2019 are those of the Class A, Class C, Class R, Class Y and Class I shares of the predecessor fund. Class A, Class C, Class R, Class Y and Class I shares of the predecessor fund were reorganized into Class A, Class C, Class R, Class Y and Class R6 shares, respectively, of the Fund after the close of business on May 24, 2019. Class A, Class C, Class R, Class Y and Class R6 shares’ returns of the Fund will be different from the returns of the predecessor fund as they have different expenses. Class R5 shares’ returns of the Fund will be different from Class A shares’ returns of the Fund and the predecessor fund as they have different expenses. Performance for Class A shares has been restated to reflect the Fund’s applicable sales charge.Updated performance information is available on the Fund’s website at www.invesco.com/us. | ||||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The bar chart shows changes in the performance of </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">the predecessor fund and the Fund from year to year as of December 31. The performance table compares the predecessor fund’s and the Fund’s performance to that of a broad measure of market performance and an additional index with characteristics relevant to the Fund.</span> | ||||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">www.invesco.com/us.</span> | ||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The Fund’s (and </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">the predecessor fund’s) past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.</span> | ||||||
Bar Chart [Heading] | rr_BarChartHeading | <span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> | ||||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | <span style="color:#000000;font-family:Arial;font-size:8.60pt;margin-left:0%;">The bar chart does not reflect sales loads. If it did, the annual total returns </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">shown would be lower.</span> | ||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Class A sharesPeriod EndingReturnsBest QuarterJune 30, 202018.62%Worst QuarterMarch 31, 2020-20.66% | ||||||
Performance Table Heading | rr_PerformanceTableHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> | ||||||
Performance Table Does Reflect Sales Loads | rr_PerformanceTableDoesReflectSalesLoads | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">Performance for Class A </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">shares has been restated to reflect the Fund’s applicable sales charge.</span> | ||||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</span> | ||||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">Actual after-tax returns depend </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.</span> | ||||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">returns are shown for Class A shares only and after-tax returns for other classes will vary.</span> | ||||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class A shares only and after-tax returns for other classes will vary. | ||||||
Invesco Rising Dividends Fund | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.50% | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | [1] | |||||
Management Fees | rr_ManagementFeesOverAssets | 0.59% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | [2] | |||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.04% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 650 | ||||||
3 Years | rr_ExpenseExampleYear03 | 863 | ||||||
5 Years | rr_ExpenseExampleYear05 | 1,092 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,751 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 650 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 863 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,092 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,751 | ||||||
2011 | rr_AnnualReturn2011 | 2.39% | ||||||
2012 | rr_AnnualReturn2012 | 12.66% | ||||||
2013 | rr_AnnualReturn2013 | 27.36% | ||||||
2014 | rr_AnnualReturn2014 | 10.93% | ||||||
2015 | rr_AnnualReturn2015 | (0.68%) | ||||||
2016 | rr_AnnualReturn2016 | 4.53% | ||||||
2017 | rr_AnnualReturn2017 | 16.76% | ||||||
2018 | rr_AnnualReturn2018 | (6.52%) | ||||||
2019 | rr_AnnualReturn2019 | 29.56% | ||||||
2020 | rr_AnnualReturn2020 | 13.34% | ||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Best Quarter</span> | ||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2020 | ||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 18.62% | ||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Worst Quarter</span> | ||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Mar. 31, 2020 | ||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (20.66%) | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 7.09% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.62% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 9.87% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Apr. 30, 1980 | ||||||
Invesco Rising Dividends Fund | Class C | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.59% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | [2] | |||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.79% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 282 | ||||||
3 Years | rr_ExpenseExampleYear03 | 563 | ||||||
5 Years | rr_ExpenseExampleYear05 | 970 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,908 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 182 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 563 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 970 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,908 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 11.49% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 10.04% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 9.83% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Sep. 01, 1993 | ||||||
Invesco Rising Dividends Fund | Class R | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.59% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | ||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | [2] | |||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.29% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 131 | ||||||
3 Years | rr_ExpenseExampleYear03 | 409 | ||||||
5 Years | rr_ExpenseExampleYear05 | 708 | ||||||
10 Years | rr_ExpenseExampleYear10 | 1,556 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 131 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 409 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 708 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,556 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 13.03% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 10.59% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 10.18% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Mar. 01, 2001 | ||||||
Invesco Rising Dividends Fund | Class Y | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.59% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.20% | [2] | |||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.79% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 81 | ||||||
3 Years | rr_ExpenseExampleYear03 | 252 | ||||||
5 Years | rr_ExpenseExampleYear05 | 439 | ||||||
10 Years | rr_ExpenseExampleYear10 | 978 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 81 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 252 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 439 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 978 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 13.57% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 11.14% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 10.74% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 16, 1996 | ||||||
Invesco Rising Dividends Fund | Class R5 | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.59% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.08% | [2] | |||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.67% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 68 | ||||||
3 Years | rr_ExpenseExampleYear03 | 214 | ||||||
5 Years | rr_ExpenseExampleYear05 | 373 | ||||||
10 Years | rr_ExpenseExampleYear10 | 835 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 68 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 214 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 373 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 835 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 13.73% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 11.00% | [3] | |||||
10 Years | rr_AverageAnnualReturnYear10 | 10.56% | [3] | |||||
Inception Date | rr_AverageAnnualReturnInceptionDate | May 24, 2019 | ||||||
Invesco Rising Dividends Fund | Class R6 | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||
Management Fees | rr_ManagementFeesOverAssets | 0.59% | ||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.08% | [2] | |||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.67% | ||||||
1 Year | rr_ExpenseExampleYear01 | $ 68 | ||||||
3 Years | rr_ExpenseExampleYear03 | 214 | ||||||
5 Years | rr_ExpenseExampleYear05 | 373 | ||||||
10 Years | rr_ExpenseExampleYear10 | 835 | ||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 68 | ||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 214 | ||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 373 | ||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 835 | ||||||
1 Year | rr_AverageAnnualReturnYear01 | 13.78% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 11.32% | ||||||
Since Inception | rr_AverageAnnualReturnSinceInception | 10.98% | ||||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Feb. 28, 2012 | ||||||
Invesco Rising Dividends Fund | Return After Taxes on Distributions | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 6.40% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 8.00% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 8.19% | ||||||
Invesco Rising Dividends Fund | Return After Taxes on Distributions and Sale of Fund Shares | Class A | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 4.60% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 7.22% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 7.55% | ||||||
Invesco Rising Dividends Fund | S&P 500® Index (reflects no deductions for fees, expenses or taxes) | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 18.40% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 15.22% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 13.88% | ||||||
Invesco Rising Dividends Fund | Russell 1000® Index (reflects no deductions for fees, expenses or taxes) | ||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||
1 Year | rr_AverageAnnualReturnYear01 | 20.96% | ||||||
5 Years | rr_AverageAnnualReturnYear05 | 15.60% | ||||||
10 Years | rr_AverageAnnualReturnYear10 | 14.01% | ||||||
|
Feb. 26, 2021 |
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INVESCO SUMMIT FUND |
<span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> |
The Fund’s investment objective is long-term growth of capital. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> |
This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> |
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: |
You would pay the following expenses if you did not redeem your shares: |
<span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> |
The Fund invests primarily in equity securities of issuers of all market capitalizations that are considered by the Fund’s portfolio managers to have potential for earnings or revenue growth. The principal type of equity securities in which the Fund invests is common stock. The Fund currently focuses on larger capitalization issuers.The Fund does not invest in companies whose primary business involves alcohol, tobacco or gambling. The Fund may invest up to 25% of its net assets in foreign securities, including up to 10% of its net assets in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.The Fund seeks to invest in companies with strong or improving fundamentals, attractive valuation relative to their growth prospects, and earnings expectations that appear fair to conservative. The Fund’s investment adviser, Invesco Advisers, Inc. (Invesco or the Adviser), focuses on securities of issuers exhibiting long-term, sustainable earnings and cash flow growth that are not yet reflected in investor expectations or equity valuations. To narrow the investment universe, the Fund’s portfolio managers use a holistic approach that emphasizes fundamental research and, to a lesser extent, includes quantitative analysis.The portfolio managers closely examine company fundamentals, including detailed modeling of all of a company’s financial statements and discussions with company management teams, suppliers, distributors, competitors and customers, and use a variety of valuation techniques based on the company in question, the industry in which the company operates, the stage of the business cycle, and other factors that reflect a company’s value.As part of the Fund’s investment process to implement its investment strategy in pursuit of its investment objective, the Fund’s portfolio managers also consider both qualitative and quantitative environmental, social and governance (ESG) factors they believe to be material to understanding an issuer’s fundamentals, and apply a scoring methodology designed to assess whether any environmental, social or governance issues pose a material financial risk or opportunity to the issuer and determine whether such risks are appropriately discounted and otherwise reflected in the issuer’s valuation. This analysis may involve the use of third-party research as well as proprietary research. Consideration of ESG factors is just one component of the portfolio managers’ assessment of issuers eligible for investment and the Fund’s portfolio managers may still invest in securities of issuers with a high ESG risk profile. The ESG factors considered by the Fund’s portfolio managers may change over time and one or more factors may not be relevant with respect to all issuers eligible for investment.The portfolio managers consider selling a security when a company hits the price target, if fundamental business prospects deteriorate, or the catalysts for growth are no longer present or reflected in the stock price.The Fund is non-diversified, which means it can invest a greater percentage of its assets in a small group of issuers or any one issuer than a diversified fund can. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> |
As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Foreign Securities Risk. The Fund's foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Foreign investments also involve the risk of the possible seizure, nationalization or expropriation of the issuer or foreign deposits (in which the Fund could lose its entire investments in a certain market) and the possible adoption of foreign governmental restrictions such as exchange controls. Unless the Fund has hedged its foreign securities risk, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. Currency hedging strategies, if used, are not always successful. For instance, currency forward contracts, if used by the Fund, could reduce performance if there are unanticipated changes in currency exchange rates.Emerging Markets Securities Risk. Emerging markets (also referred to as developing markets) are generally subject to greater market volatility, political, social and economic instability, uncertain trading markets and more governmental limitations on foreign investment than more developed markets. In addition, companies operating in emerging markets may be subject to lower trading volume and greater price fluctuations than companies in more developed markets. Companies in emerging market countries generally may be subject to less stringent regulatory, disclosure, financial reporting, accounting, auditing and recordkeeping standards than companies in more developed countries. As a result, information, including financial information, about such companies may be less available and reliable which can impede the Fund’s ability to evaluate such companies. Securities law and the enforcement of systems of taxation in many emerging market countries may change quickly and unpredictably, and the ability to bring and enforce actions, or to obtain information needed to pursue or enforce such actions, may be limited. In addition, investments in emerging markets securities may be subject to additional transaction costs, delays in settlement procedures, unexpected market closures, and lack of timely information.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.ESG Risk. Because the Fund evaluates ESG factors to assess and exclude certain investments for non-financial reasons, it may forego some market opportunities available to funds that do not use these factors. The securities of companies that score favorably under the Fund’s ESG scoring methodology may underperform similar companies that do not score as well or may underperform the stock market as a whole. As a result, the Fund may underperform funds that do not screen or score companies based on ESG factors or funds that use a different ESG methodology. Information used by the Fund to evaluate such factors may not be readily available, complete or accurate, which could negatively impact the Fund’s ability to apply its methodology, which in turn could negatively impact the Fund’s performance. In addition, the Fund’s assessment of a company, based on the company’s level of involvement in a particular industry or the company’s ESG score, may differ from that of other funds or an investor. As a result, the companies deemed eligible for inclusion in the Fund’s portfolio may not reflect the beliefs or values of any particular investor and may not be deemed to exhibit positive or favorable ESG characteristics if different metrics were used to evaluate them.Risks of Growth Investing. If a growth company’s earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, the value of its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.Sector Focus Risk. The Fund may from time to time have a significant amount of its assets invested in one market sector or group of related industries. In this event, the Fund’s performance will depend to a greater extent on the overall condition of the sector or group of industries and there is increased risk that the Fund will lose significant value if conditions adversely affect that sector or group of industries.Non-Diversification Risk. The Fund is non-diversified and can invest a greater portion of its assets in the obligations or securities of a small number of issuers or any single issuer than a diversified fund can. A change in the value of one or a few issuers’ securities will therefore affect the value of the Fund more than if it was a diversified fund.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. |
<span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> |
The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).The Fund's past performance (before and after taxes) is not necessarily an indication of its future performance.Updated performance information is available on the Fund's website at www.invesco.com/us. |
<span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> |
Class P sharesPeriod EndingReturnsBest QuarterJune 30, 202032.28%Worst QuarterDecember 31, 2018-18.74% |
<span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> |
After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class P shares only and after-tax returns for other classes will vary. |
Shareholder Fees - INVESCO SUMMIT FUND |
Feb. 26, 2021 |
|||
---|---|---|---|---|
Class A | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | 5.50% | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | [1] | ||
Class C | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | 1.00% | |||
Class P | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class S | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class Y | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R5 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
Class R6 | ||||
Shareholder Fees: | ||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | none | |||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | none | |||
|
Annual Fund Operating Expenses - INVESCO SUMMIT FUND |
Feb. 26, 2021 |
---|---|
Class A | |
Operating Expenses: | |
Management Fees | 0.63% |
Distribution and/or Service (12b-1) Fees | 0.25% |
Other Expenses | 0.11% |
Total Annual Fund Operating Expenses | 0.99% |
Class C | |
Operating Expenses: | |
Management Fees | 0.63% |
Distribution and/or Service (12b-1) Fees | 1.00% |
Other Expenses | 0.11% |
Total Annual Fund Operating Expenses | 1.74% |
Class P | |
Operating Expenses: | |
Management Fees | 0.63% |
Distribution and/or Service (12b-1) Fees | 0.10% |
Other Expenses | 0.11% |
Total Annual Fund Operating Expenses | 0.84% |
Class S | |
Operating Expenses: | |
Management Fees | 0.63% |
Distribution and/or Service (12b-1) Fees | 0.15% |
Other Expenses | 0.11% |
Total Annual Fund Operating Expenses | 0.89% |
Class Y | |
Operating Expenses: | |
Management Fees | 0.63% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.11% |
Total Annual Fund Operating Expenses | 0.74% |
Class R5 | |
Operating Expenses: | |
Management Fees | 0.63% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.13% |
Total Annual Fund Operating Expenses | 0.76% |
Class R6 | |
Operating Expenses: | |
Management Fees | 0.63% |
Distribution and/or Service (12b-1) Fees | none |
Other Expenses | 0.07% |
Total Annual Fund Operating Expenses | 0.70% |
Expense Example - INVESCO SUMMIT FUND |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class P
1 Year
|
Class P
3 Years
|
Class P
5 Years
|
Class P
10 Years
|
Class S
1 Year
|
Class S
3 Years
|
Class S
5 Years
|
Class S
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 645 | 848 | 1,067 | 1,696 | 277 | 548 | 944 | 1,853 | 86 | 268 | 466 | 1,037 | 91 | 284 | 493 | 1,096 | 76 | 237 | 411 | 918 | 78 | 243 | 422 | 942 | 72 | 224 | 390 | 871 |
Expense Example, No Redemption - INVESCO SUMMIT FUND |
Class A
1 Year
|
Class A
3 Years
|
Class A
5 Years
|
Class A
10 Years
|
Class C
1 Year
|
Class C
3 Years
|
Class C
5 Years
|
Class C
10 Years
|
Class P
1 Year
|
Class P
3 Years
|
Class P
5 Years
|
Class P
10 Years
|
Class S
1 Year
|
Class S
3 Years
|
Class S
5 Years
|
Class S
10 Years
|
Class Y
1 Year
|
Class Y
3 Years
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
1 Year
|
Class R5
3 Years
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
1 Year
|
Class R6
3 Years
|
Class R6
5 Years
|
Class R6
10 Years
|
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
USD ($) | 645 | 848 | 1,067 | 1,696 | 177 | 548 | 944 | 1,853 | 86 | 268 | 466 | 1,037 | 91 | 284 | 493 | 1,096 | 76 | 237 | 411 | 918 | 78 | 243 | 422 | 942 | 72 | 224 | 390 | 871 |
Annual Total Returns[BarChart] - INVESCO SUMMIT FUND - Class P |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
---|---|---|---|---|---|---|---|---|---|---|
Total | (4.50%) | 15.46% | 37.89% | 9.13% | 6.56% | 2.37% | 29.88% | (2.81%) | 38.66% | 42.13% |
Average Annual Total Returns - INVESCO SUMMIT FUND |
Class A
Inception Date
|
Class A
1 Year
|
Class A
5 Years
|
Class A
10 Years
|
Class C
Inception Date
|
Class C
1 Year
|
Class C
5 Years
|
Class C
10 Years
|
Class P
Inception Date
|
Class P
1 Year
|
Class P
5 Years
|
Class P
10 Years
|
Class P
Return After Taxes on Distributions
1 Year
|
Class P
Return After Taxes on Distributions
5 Years
|
Class P
Return After Taxes on Distributions
10 Years
|
Class P
Return After Taxes on Distributions and Sale of Fund Shares
1 Year
|
Class P
Return After Taxes on Distributions and Sale of Fund Shares
5 Years
|
Class P
Return After Taxes on Distributions and Sale of Fund Shares
10 Years
|
Class S
Inception Date
|
Class S
1 Year
|
Class S
5 Years
|
Class S
10 Years
|
Class Y
Inception Date
|
Class Y
1 Year
|
Class Y
5 Years
|
Class Y
10 Years
|
Class R5
Inception Date
|
Class R5
1 Year
|
Class R5
5 Years
|
Class R5
10 Years
|
Class R6
Inception Date
|
Class R6
1 Year
|
Class R6
5 Years
|
Class R6
10 Years
|
Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
1 Year
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
5 Years
|
S&P 500® Index (reflects no deductions for fees, expenses or taxes)
10 Years
|
Lipper Multi-Cap Growth Funds Index
1 Year
|
Lipper Multi-Cap Growth Funds Index
5 Years
|
Lipper Multi-Cap Growth Funds Index
10 Years
|
||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total | Oct. 31, 2005 | 34.15% | 19.02% | 15.40% | Oct. 31, 2005 | 39.87% | 19.47% | 15.37% | Nov. 01, 1982 | 42.13% | 20.56% | 16.24% | 39.92% | 18.58% | 14.66% | 26.27% | 16.20% | 13.19% | Sep. 25, 2009 | 42.00% | 20.48% | 16.17% | Oct. 03, 2008 | 42.25% | 20.67% | 16.35% | Oct. 03, 2008 | 42.26% | 20.70% | 16.42% | Apr. 04, 2017 | 42.36% | 20.64% | [1] | 16.19% | [1] | 38.49% | 21.00% | 17.21% | 18.40% | 15.22% | 13.88% | 43.16% | 19.56% | 15.56% | ||
|
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Prospectus Date | rr_ProspectusDate | Feb. 26, 2021 | ||||
INVESCO SUMMIT FUND | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | <span style="color:#000000;font-family:Arial;font-size:12.90pt;font-weight:bold;">Fund Summary</span> | ||||
Objective [Heading] | rr_ObjectiveHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Investment Objective(s)</span> | ||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is long-term growth of capital. | ||||
Expense [Heading] | rr_ExpenseHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Fees and Expenses of the Fund</span> | ||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI). The table and Examples below do not reflect any transaction fees that may be charged by financial intermediaries, or commissions that a shareholder may be required to pay directly to its financial intermediary when buying or selling Class Y or Class R6 shares. | ||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Shareholder Fees</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (fees paid directly from your investment)</span> | ||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Annual Fund Operating Expenses</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (expenses that you pay each year as a percentage of the value of your investment)</span> | ||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Portfolio Turnover.</span> | ||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was % of the average value of its portfolio. | ||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 38.00% | ||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).” | ||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">50,000</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;"> in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information – Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares-Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).</span> | ||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | $ 50,000 | ||||
Expense Example [Heading] | rr_ExpenseExampleHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:10pt;font-weight:bold;">Example.</span> | ||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not include commissions and/or other forms of compensation that investors may pay on transactions in Class Y and Class R6 shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.Although your actual costs may be higher or lower, based on these assumptions, your costs would be: | ||||
Expense Example, No Redemption Narrative [Text Block] | rr_ExpenseExampleNoRedemptionNarrativeTextBlock | You would pay the following expenses if you did not redeem your shares: | ||||
Strategy [Heading] | rr_StrategyHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Investment Strategies of the Fund</span> | ||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund invests primarily in equity securities of issuers of all market capitalizations that are considered by the Fund’s portfolio managers to have potential for earnings or revenue growth. The principal type of equity securities in which the Fund invests is common stock. The Fund currently focuses on larger capitalization issuers.The Fund does not invest in companies whose primary business involves alcohol, tobacco or gambling. The Fund may invest up to 25% of its net assets in foreign securities, including up to 10% of its net assets in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles.The Fund seeks to invest in companies with strong or improving fundamentals, attractive valuation relative to their growth prospects, and earnings expectations that appear fair to conservative. The Fund’s investment adviser, Invesco Advisers, Inc. (Invesco or the Adviser), focuses on securities of issuers exhibiting long-term, sustainable earnings and cash flow growth that are not yet reflected in investor expectations or equity valuations. To narrow the investment universe, the Fund’s portfolio managers use a holistic approach that emphasizes fundamental research and, to a lesser extent, includes quantitative analysis.The portfolio managers closely examine company fundamentals, including detailed modeling of all of a company’s financial statements and discussions with company management teams, suppliers, distributors, competitors and customers, and use a variety of valuation techniques based on the company in question, the industry in which the company operates, the stage of the business cycle, and other factors that reflect a company’s value.As part of the Fund’s investment process to implement its investment strategy in pursuit of its investment objective, the Fund’s portfolio managers also consider both qualitative and quantitative environmental, social and governance (ESG) factors they believe to be material to understanding an issuer’s fundamentals, and apply a scoring methodology designed to assess whether any environmental, social or governance issues pose a material financial risk or opportunity to the issuer and determine whether such risks are appropriately discounted and otherwise reflected in the issuer’s valuation. This analysis may involve the use of third-party research as well as proprietary research. Consideration of ESG factors is just one component of the portfolio managers’ assessment of issuers eligible for investment and the Fund’s portfolio managers may still invest in securities of issuers with a high ESG risk profile. The ESG factors considered by the Fund’s portfolio managers may change over time and one or more factors may not be relevant with respect to all issuers eligible for investment.The portfolio managers consider selling a security when a company hits the price target, if fundamental business prospects deteriorate, or the catalysts for growth are no longer present or reflected in the stock price.The Fund is non-diversified, which means it can invest a greater percentage of its assets in a small group of issuers or any one issuer than a diversified fund can. | ||||
Risk [Heading] | rr_RiskHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Principal Risks of Investing in the Fund</span> | ||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. The principal risks of investing in the Fund are:Market Risk. The market values of the Fund’s investments, and therefore the value of the Fund’s shares, will go up and down, sometimes rapidly or unpredictably. Market risk may affect a single issuer, industry or section of the economy, or it may affect the market as a whole. The value of the Fund’s investments may go up or down due to general market conditions which are not specifically related to the particular issuer, such as real or perceived adverse economic conditions, changes in the general outlook for revenues or corporate earnings, changes in interest or currency rates, regional or global instability, natural or environmental disasters, widespread disease or other public health issues, war, acts of terrorism or adverse investor sentiment generally. During a general downturn in the financial markets, multiple asset classes may decline in value. When markets perform well, there can be no assurance that specific investments held by the Fund will rise in value.Investing in Stocks Risk. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall or rise sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.The prices of individual stocks generally do not all move in the same direction at the same time. However, individual stock prices tend to go up and down more dramatically than those of certain other types of investments, such as bonds. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.Foreign Securities Risk. The Fund's foreign investments may be adversely affected by political and social instability, changes in economic or taxation policies, difficulty in enforcing obligations, decreased liquidity or increased volatility. Foreign investments also involve the risk of the possible seizure, nationalization or expropriation of the issuer or foreign deposits (in which the Fund could lose its entire investments in a certain market) and the possible adoption of foreign governmental restrictions such as exchange controls. Unless the Fund has hedged its foreign securities risk, foreign securities risk also involves the risk of negative foreign currency rate fluctuations, which may cause the value of securities denominated in such foreign currency (or other instruments through which the Fund has exposure to foreign currencies) to decline in value. Currency exchange rates may fluctuate significantly over short periods of time. Currency hedging strategies, if used, are not always successful. For instance, currency forward contracts, if used by the Fund, could reduce performance if there are unanticipated changes in currency exchange rates.Emerging Markets Securities Risk. Emerging markets (also referred to as developing markets) are generally subject to greater market volatility, political, social and economic instability, uncertain trading markets and more governmental limitations on foreign investment than more developed markets. In addition, companies operating in emerging markets may be subject to lower trading volume and greater price fluctuations than companies in more developed markets. Companies in emerging market countries generally may be subject to less stringent regulatory, disclosure, financial reporting, accounting, auditing and recordkeeping standards than companies in more developed countries. As a result, information, including financial information, about such companies may be less available and reliable which can impede the Fund’s ability to evaluate such companies. Securities law and the enforcement of systems of taxation in many emerging market countries may change quickly and unpredictably, and the ability to bring and enforce actions, or to obtain information needed to pursue or enforce such actions, may be limited. In addition, investments in emerging markets securities may be subject to additional transaction costs, delays in settlement procedures, unexpected market closures, and lack of timely information.Small- and Mid-Capitalization Companies Risks. Investing in securities of small- and mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. Stocks of small- and mid-capitalization companies tend to be more vulnerable to changing market conditions, may have little or no operating history or track record of success, and may have more limited product lines and markets, less experienced management and fewer financial resources than larger companies. These companies’ securities may be more volatile and less liquid than those of more established companies. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Smaller companies’ securities often trade in lower volumes and in many instances, are traded over-the-counter or on a regional securities exchange, where the frequency and volume of trading is substantially less than is typical for securities of larger companies traded on national securities exchanges. Therefore, the securities of smaller companies may be subject to wider price fluctuations and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. It may take a substantial period of time to realize a gain on an investment in a small- or mid-cap company, if any gain is realized at all. The Fund measures the market capitalization of an issuer at the time of investment.ESG Risk. Because the Fund evaluates ESG factors to assess and exclude certain investments for non-financial reasons, it may forego some market opportunities available to funds that do not use these factors. The securities of companies that score favorably under the Fund’s ESG scoring methodology may underperform similar companies that do not score as well or may underperform the stock market as a whole. As a result, the Fund may underperform funds that do not screen or score companies based on ESG factors or funds that use a different ESG methodology. Information used by the Fund to evaluate such factors may not be readily available, complete or accurate, which could negatively impact the Fund’s ability to apply its methodology, which in turn could negatively impact the Fund’s performance. In addition, the Fund’s assessment of a company, based on the company’s level of involvement in a particular industry or the company’s ESG score, may differ from that of other funds or an investor. As a result, the companies deemed eligible for inclusion in the Fund’s portfolio may not reflect the beliefs or values of any particular investor and may not be deemed to exhibit positive or favorable ESG characteristics if different metrics were used to evaluate them.Risks of Growth Investing. If a growth company’s earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, the value of its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.Sector Focus Risk. The Fund may from time to time have a significant amount of its assets invested in one market sector or group of related industries. In this event, the Fund’s performance will depend to a greater extent on the overall condition of the sector or group of industries and there is increased risk that the Fund will lose significant value if conditions adversely affect that sector or group of industries.Non-Diversification Risk. The Fund is non-diversified and can invest a greater portion of its assets in the obligations or securities of a small number of issuers or any single issuer than a diversified fund can. A change in the value of one or a few issuers’ securities will therefore affect the value of the Fund more than if it was a diversified fund.Management Risk. The Fund is actively managed and depends heavily on the Adviser’s judgment about markets, interest rates or the attractiveness, relative values, liquidity, or potential appreciation of particular investments made for the Fund’s portfolio. The Fund could experience losses if these judgments prove to be incorrect. Additionally, legislative, regulatory, or tax developments may adversely affect management of the Fund and, therefore, the ability of the Fund to achieve its investment objective. | ||||
Risk Lose Money [Text] | rr_RiskLoseMoney | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">As with any mutual fund investment, loss of money is a risk of investing. </span> | ||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">An </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency.</span> | ||||
Risk Nondiversified Status [Text] | rr_RiskNondiversifiedStatus | <span style="color:#000000;font-family:Arial;font-size:8.60pt;font-style:italic;">Non-Diversification Risk.</span><span style="color:#000000;font-family:Arial;font-size:8.60pt;"> The Fund is non-diversified and can invest a greater portion of its assets in the obligations or securities of a small number of issuers or any single issuer than a diversified fund can. A change in the value of one or a few issuers’ securities will therefore affect the value of the Fund more than if it was a diversified fund.</span> | ||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | <span style="color:#0016D7;font-family:Arial;font-size:8.60pt;font-weight:bold;margin-left:0%;">Performance Information</span> | ||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).The Fund's past performance (before and after taxes) is not necessarily an indication of its future performance.Updated performance information is available on the Fund's website at www.invesco.com/us. | ||||
Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The bar chart and performance table provide an indication of the risks of investing in the Fund. The bar chart shows changes in the performance of the Fund from year to year as of December 31. The performance table compares the Fund's performance to that of a style-specific benchmark, a broad-based securities market benchmark and a peer group benchmark comprised of funds with investment objectives and strategies similar to those of the Fund (in that order).</span> | ||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">www.invesco.com/us</span> | ||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | <span style="color:#000000;font-family:Arial;font-size:8.60pt;">The Fund's past performance (before and </span><span style="color:#000000;font-family:Arial;font-size:8.60pt;">after taxes) is not necessarily an indication of its future performance.</span> | ||||
Bar Chart [Heading] | rr_BarChartHeading | <span style="color:#000000;font-family:Arial;font-size:6.56pt;font-weight:bold;">Annual Total Returns</span> | ||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Class P sharesPeriod EndingReturnsBest QuarterJune 30, 202032.28%Worst QuarterDecember 31, 2018-18.74% | ||||
Performance Table Heading | rr_PerformanceTableHeading | <span style="color:#000000;font-family:Arial Narrow;font-size:8pt;font-weight:bold;">Average Annual Total Returns</span><span style="color:#000000;font-family:Arial;font-size:6.88pt;"> (for the periods ended December 31, 2020)</span> | ||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.</span> | ||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">Actual after-tax returns depend </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.</span> | ||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | <span style="color:#000000;font-family:Arial;font-size:6.88pt;">After-tax </span><span style="color:#000000;font-family:Arial;font-size:6.88pt;">returns are shown for Class P shares only and after-tax returns for other classes will vary.</span> | ||||
Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements, such as 401(k) plans, 529 college savings plans or individual retirement accounts.After-tax returns are shown for Class P shares only and after-tax returns for other classes will vary. | ||||
INVESCO SUMMIT FUND | Class A | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.50% | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | [1] | |||
Management Fees | rr_ManagementFeesOverAssets | 0.63% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.11% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.99% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 645 | ||||
3 Years | rr_ExpenseExampleYear03 | 848 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,067 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,696 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 645 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 848 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,067 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,696 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 34.15% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 19.02% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 15.40% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Oct. 31, 2005 | ||||
INVESCO SUMMIT FUND | Class C | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.63% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.11% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.74% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 277 | ||||
3 Years | rr_ExpenseExampleYear03 | 548 | ||||
5 Years | rr_ExpenseExampleYear05 | 944 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,853 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 177 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 548 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 944 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,853 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 39.87% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 19.47% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 15.37% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Oct. 31, 2005 | ||||
INVESCO SUMMIT FUND | Class P | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.63% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.10% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.11% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.84% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 86 | ||||
3 Years | rr_ExpenseExampleYear03 | 268 | ||||
5 Years | rr_ExpenseExampleYear05 | 466 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,037 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 86 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 268 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 466 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,037 | ||||
2011 | rr_AnnualReturn2011 | (4.50%) | ||||
2012 | rr_AnnualReturn2012 | 15.46% | ||||
2013 | rr_AnnualReturn2013 | 37.89% | ||||
2014 | rr_AnnualReturn2014 | 9.13% | ||||
2015 | rr_AnnualReturn2015 | 6.56% | ||||
2016 | rr_AnnualReturn2016 | 2.37% | ||||
2017 | rr_AnnualReturn2017 | 29.88% | ||||
2018 | rr_AnnualReturn2018 | (2.81%) | ||||
2019 | rr_AnnualReturn2019 | 38.66% | ||||
2020 | rr_AnnualReturn2020 | 42.13% | ||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Best Quarter</span> | ||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2020 | ||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 32.28% | ||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | <span style="color:#000000;font-family:Arial;font-size:6.88pt;padding-left:0.0%;">Worst Quarter</span> | ||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2018 | ||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (18.74%) | ||||
1 Year | rr_AverageAnnualReturnYear01 | 42.13% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 20.56% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 16.24% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Nov. 01, 1982 | ||||
INVESCO SUMMIT FUND | Class S | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.63% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.15% | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.11% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.89% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 91 | ||||
3 Years | rr_ExpenseExampleYear03 | 284 | ||||
5 Years | rr_ExpenseExampleYear05 | 493 | ||||
10 Years | rr_ExpenseExampleYear10 | 1,096 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 91 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 284 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 493 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,096 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 42.00% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 20.48% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 16.17% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Sep. 25, 2009 | ||||
INVESCO SUMMIT FUND | Class Y | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.63% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.11% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.74% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 76 | ||||
3 Years | rr_ExpenseExampleYear03 | 237 | ||||
5 Years | rr_ExpenseExampleYear05 | 411 | ||||
10 Years | rr_ExpenseExampleYear10 | 918 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 76 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 237 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 411 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 918 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 42.25% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 20.67% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 16.35% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Oct. 03, 2008 | ||||
INVESCO SUMMIT FUND | Class R5 | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.63% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.13% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.76% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 78 | ||||
3 Years | rr_ExpenseExampleYear03 | 243 | ||||
5 Years | rr_ExpenseExampleYear05 | 422 | ||||
10 Years | rr_ExpenseExampleYear10 | 942 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 78 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 243 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 422 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 942 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 42.26% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 20.70% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 16.42% | ||||
Inception Date | rr_AverageAnnualReturnInceptionDate | Oct. 03, 2008 | ||||
INVESCO SUMMIT FUND | Class R6 | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less) | rr_MaximumDeferredSalesChargeOverOther | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.63% | ||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_OtherExpensesOverAssets | 0.07% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.70% | ||||
1 Year | rr_ExpenseExampleYear01 | $ 72 | ||||
3 Years | rr_ExpenseExampleYear03 | 224 | ||||
5 Years | rr_ExpenseExampleYear05 | 390 | ||||
10 Years | rr_ExpenseExampleYear10 | 871 | ||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 72 | ||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 224 | ||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 390 | ||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 871 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 42.36% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 20.64% | [2] | |||
10 Years | rr_AverageAnnualReturnYear10 | 16.19% | [2] | |||
Inception Date | rr_AverageAnnualReturnInceptionDate | Apr. 04, 2017 | ||||
INVESCO SUMMIT FUND | Return After Taxes on Distributions | Class P | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 39.92% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 18.58% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 14.66% | ||||
INVESCO SUMMIT FUND | Return After Taxes on Distributions and Sale of Fund Shares | Class P | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 26.27% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 16.20% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 13.19% | ||||
INVESCO SUMMIT FUND | Russell 1000® Growth Index (reflects no deductions for fees, expenses or taxes) | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 38.49% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 21.00% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 17.21% | ||||
INVESCO SUMMIT FUND | S&P 500® Index (reflects no deductions for fees, expenses or taxes) | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 18.40% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 15.22% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 13.88% | ||||
INVESCO SUMMIT FUND | Lipper Multi-Cap Growth Funds Index | ||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 43.16% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 19.56% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 15.56% | ||||
|
Label | Element | Value |
---|---|---|
Risk Return Abstract | rr_RiskReturnAbstract | |
Prospectus Date | rr_ProspectusDate | Feb. 26, 2021 |
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