Invesco Mid Cap Growth Fund

C000084494 Fund Overview

Invesco Mid Cap Growth Fund is a US mutual fund managed by Aim Sector Funds (invesco Sector Funds), categorised as Developed ex-US Mid Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Aim Sector Funds (invesco Sector Funds)
• Category: Developed ex-US Mid Cap Growth Equity
• Assets under management: $3.05B
• SEC CIK: 0000725781
• SEC series ID: S000027836
• Share class ID: C000084494

C000084494 Investment Objective and Strategy

Invesco Mid Cap Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Aim Sector Funds (invesco Sector Funds).

Investment objective

The Fund’s investment objective is to seek capital growth.

Principal investment strategy

The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of mid-capitalization companies. The Fund invests primarily in equity securities. The principal type of equity security in which the Fund invests is common stock. The Fund considers an issuer to be a mid-capitalization issuer if it has a market capitalization, at the time of purchase, within the range of the largest and smallest capitalized issuers included in the Russell Midcap Growth Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. As of April 30, 2018, the capitalization of companies in the Russell Midcap Growth Index ranged from $514 million to $40.8 billion. The Fund may invest up to 25% of its net assets in securities of foreign issuers.

The Fund invests primarily in securities that are considered by the Funds portfolio managers to have potential for earnings or revenue growth. Invesco Advisers, Inc. (Invesco or the Adviser), the Funds investment adviser, uses a bottom-up stock selection process designed to seek returns in excess of the Russell Midcap Growth Index as well as a disciplined portfolio construction process designed to manage risk. The Adviser uses a holistic approach that closely examines company fundamentals, including detailed modeling of a companys financial statements and discussions with company management teams, suppliers, distributors, competitors, and customers. The Adviser uses a variety of valuation techniques based on the company in question, the industry in which the company operates, the stage of the companys business cycle, and other factors that best reflect a companys value.

The Adviser seeks to invest in companies with attractive growth outlooks at compelling valuation levels, including both stable and catalyst-driven growth opportunities. The Adviser considers whether to sell a particular security when a company hits the price target, a companys fundamentals deteriorate, a better opportunity emerges, or the catalysts for growth are no longer present or reflected in the stock price.

C000084494 Costs and Fees

C000084494 costs about $141 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.41%
• Gross expense ratio: 1.41%
• Portfolio turnover: 53%
• Brokerage commissions: 4.76 bps of average net assets (SEC N-CEN)

C000084494 Cashflows

Over the 12 months to 2020-01, Invesco Mid Cap Growth Fund had net inflows of $379.86M, from monthly SEC N-PORT filings.

C000084494 Debt Constituents

No individual debt constituents are reported in Invesco Mid Cap Growth Fund's latest SEC N-PORT filing.

C000084494 Prospectus and SEC Filings

Official Invesco Mid Cap Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2019-09-06
• Prospectus (485BPOS) — filed 2018-09-05
• Prospectus (485BPOS) — filed 2017-09-05
• Portfolio holdings (N-PORT) — filed 2020-03-31
• Portfolio holdings (N-PORT) — filed 2019-12-30
• Annual census (N-CEN) — filed 2019-07-12

Related Funds

Other Developed ex-US Mid Cap Growth Equity funds tracked on ABC INVEST:

• EUPAC Fund (AEPGX)
• T. Rowe Price International Discovery Fund (PRIDX)
• Invesco S&P International Developed Quality ETF (IDHQ)
• International Opportunities Fund (AIOIX)
• Calamos International Growth Fund (CIGRX)

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.