Invesco V.I. Mid Cap Growth Fund

Data updated: 2020-06-01

C000084657 — Invesco V.I. Mid Cap Growth Fund. Developed ex-US Mid Cap Growth Equity · $172.74M AUM. Holdings, fees, performance and SEC filings.

C000084657 Fund Overview

Invesco V.I. Mid Cap Growth Fund is a US mutual fund managed by AIM Variable Insurance Funds (Invesco Variable Insurance 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.

C000084657 Investment Objective and Strategy

Invesco V.I. Mid Cap Growth 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 to seek capital growth.

Principal investment strategy

The Fund invests, under normal circumstances, at least 80% of its net assets (including 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 December 31, 2017, the capitalization of companies in the Russell Midcap Growth Index ranged from $568 million to $36.7 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 manager 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.

C000084657 Costs and Fees

C000084657 costs about $100 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 1.00%
  • Gross expense ratio: 1.00%
  • Portfolio turnover: 57%
  • Brokerage commissions: 6.10 bps of average net assets (SEC N-CEN)

C000084657 Cashflows

Over the 12 months to 2020-03, Invesco V.I. Mid Cap Growth Fund had net inflows of $3.15M, from monthly SEC N-PORT filings.

MonthNet flow
2020-03−$9.58M
2020-02−$3.04M
2020-01−$2.72M
2019-12−$1.59M
2019-11−$2.30M
2019-10−$1.90M

C000084657 Debt Constituents

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

C000084657 Prospectus and SEC Filings

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

Related Funds

Other Developed ex-US Mid Cap Growth Equity 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.