Invesco V.I. Value Opportunities Fund

Data updated: 2021-05-27

C000000444 — Invesco V.I. Value Opportunities Fund. Emerging Markets Real Estate · $103.55M AUM. Holdings, fees, performance and SEC filings.

C000000444 Fund Overview

Invesco V.I. Value Opportunities Fund is a US mutual fund managed by AIM Variable Insurance Funds (Invesco Variable Insurance Funds), categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

C000000444 Investment Objective and Strategy

Invesco V.I. Value Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by AIM Variable Insurance Funds (Invesco Variable Insurance Funds).

Investment objective

The Fund’s investment objective is long-term growth of capital.

Principal investment strategy

The Fund invests, under normal market conditions, in a portfolio of common stocks, preferred stocks and convertible securities. Under normal market conditions, the Fund will invest in securities of large-capitalization, mid-capitalization and small-capitalization issuers with market capitalizations equal to or greater than the unweighted median market capitalization of companies in the S&P 1500 Value Index. Notwithstanding this limitation, Invesco Advisers, Inc. (Invesco or the Adviser) will not be required to sell a security, and may purchase additional securities of an issuer with a market capitalization below this size, if the issuer had a market capitalization at least this size at the time the security was initially purchased for the Fund. The Fund may invest up to 10% of its net assets in real estate investment trusts (REITs).

The Fund may invest up to 25% of its net assets in securities of foreign issuers, including securities of issuers located in emerging markets countries, i.e., those that are in the early stages of their industrial cycles, and depositary receipts. The Fund can invest in derivative instruments including futures contracts and options. The Fund can use futures contracts, including index futures, to seek exposure to certain asset classes. The Fund can use options to seek alpha (return on investments in excess of the S&P 1500 Value Index) or to mitigate risk. The Fund may invest in unseasoned issuers or in securities involving special circumstances, such as initial public offerings, companies with new management or management reliant upon one or a few key people, special products and techniques, limited or cyclical product lines, services, markets or resources or unusual developments, such as acquisitions, mergers, liquidations, bankruptcies or leveraged buyouts.

As a result of the Funds stock selection process, a significant portion of the Funds assets may be invested in companies within the same industries or sectors of the market. The Fund emphasizes a value style of investing and the portfolio managers seek to invest in undervalued companies they believe possess the potential for capital growth. In selecting securities, the portfolio managers emphasize the following characteristics, although not all investments will have these attributes: Buy businesses trading at a significant discount to the portfolio managers estimate of intrinsic value. The portfolio managers believe intrinsic value represents the fair economic worth of the business. Emphasize quality businesses with potential to grow intrinsic value over time. The portfolio managers primarily seek issuers that they believe have solid growth prospects, the ability to earn an attractive return on invested capital and a management team that exhibits intelligent capital allocation skills.

The portfolio managers will consider selling a security if a more attractive investment opportunity is identified, if a security is trading near or above the portfolio managers estimate of intrinsic value or if there is a fundamental deterioration in business prospects that results in inadequate upside potential to estimated intrinsic value. The portfolio managers seek to achieve strong long-term performance by constructing a diversified portfolio that they believe offers value content greater than the broad market, as measured by the portfolios aggregate discount to the portfolio managers estimated intrinsic value of the portfolio. The investment process is fundamental in nature and focused on individual issuers as opposed to macroeconomic forecasts or specific industry exposure. The portfolio construction process is intended to preserve and grow the estimated intrinsic value of the Funds portfolio rather than mirror the composition or sector weights of any benchmark.

C000000444 Performance

Total returns for C000000444 (as of 2026-10-01), from SEC filings.

PeriodTotal return
1 year105.6%

C000000444 Risk Information

Risk metrics for C000000444, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 24.8%

C000000444 Costs and Fees

C000000444 costs about $98 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.98%
  • Gross expense ratio: 0.98%
  • Portfolio turnover: 34%
  • Brokerage commissions: 14.55 bps of average net assets (SEC N-CEN)

C000000444 Cashflows

Over the 12 months to 2021-03, Invesco V.I. Value Opportunities Fund had net outflows of $2.72M, from monthly SEC N-PORT filings.

MonthNet flow
2021-03$2.72M
2021-02−$1.34M
2021-01−$1.56M
2020-12−$1.68M
2020-11−$1.15M
2020-10$2.39M

C000000444 Debt Constituents

No individual debt constituents are reported in Invesco V.I. Value Opportunities Fund's latest SEC N-PORT filing.

C000000444 Prospectus and SEC Filings

Official Invesco V.I. Value Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Emerging Markets Real Estate funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.