ASMYX Fees and Costs — Invesco Summit Fund, Class Y
Data updated: 2026-09-28
The net expense ratio is 0.72%: a 0.63% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.3M in broker commissions, 0.0361% of average net assets, and portfolio turnover was 57%.
ASMYX Fees and Expenses
Annual operating expenses and sales charges of ASMYX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.72% |
| Fee waiver | — |
| Net expense ratio | 0.72% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
ASMYX Costs Over Time
On $10,000 invested in ASMYX, assuming 5% a year before costs, total costs come to $475 over 5 years, cutting the return by 0.79% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.72%) | $76 | $236 | $411 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $261 | $475 |
| Value after costs | $10,421 | $11,316 | $12,288 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
ASMYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0361%
- Total broker commissions: $1.3M
- Bought from dealers (principal trades, not a cost): $14.0M
- Portfolio turnover (prospectus): 57%
- Securities on loan, average value: $37.2M
- Net income from securities lending: $125K (0.004% of average net assets)
ASMYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $236K | 21.81% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $195K | 17.99% |
| UBS SECURITIES LLC | $129K | 11.89% |
| J.P. MORGAN SECURITIES LLC | $128K | 11.81% |
| CITIGROUP GLOBAL MARKETS INC. | $111K | 10.27% |
| MORGAN STANLEY & CO. LLC | $111K | 10.25% |
| RBC CAPITAL MARKETS, LLC8-45411 | $54K | 4.96% |
| INVESCO CAPITAL MARKETS, INC. | $52K | 4.76% |
| LPL FINANCIAL LLC | $36K | 3.34% |
| BNP PARIBAS SECURITIES CORP. | $32K | 2.92% |
ASMYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $4.9M | 35.04% |
| GOLDMAN, SACHS & CO. | $4.6M | 32.64% |
| MORGAN STANLEY & CO. LLC | $4.5M | 32.31% |
Invesco Summit Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SMISX | Class R6 | 0.69% | none |
| SMITX | Class R5 | 0.69% | none |
| ASMYX | Class Y | 0.72% | none |
| SMMIX | Class P | 0.82% | none |
| SMMSX | Class S | 0.87% | none |
| ASMMX | Class A | 0.97% | 5.50% |
| SMMRX | Class R | 1.22% | none |
| CSMMX | Class C | 1.72% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.