SLESX Fees and Costs — Invesco Income Advantage U.S. Fund, Class R6
Data updated: 2026-07-30
The net expense ratio is 0.77% (0.79% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 34%.
SLESX Fees and Expenses
Annual operating expenses and sales charges of SLESX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.77% |
| 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 |
SLESX Costs Over Time
On $10,000 invested in SLESX, assuming 5% a year before costs, total costs come to $484 over 5 years, cutting the return by 0.81% 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 0.77%) | $81 | $253 | $440 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $81 | $265 | $484 |
| Value after costs | $10,419 | $11,311 | $12,279 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
SLESX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $116.1M
- Portfolio turnover (prospectus): 34%
- Securities on loan, average value: $3.3M
- Net income from securities lending: $27K (0.014% of average net assets)
SLESX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| EUROCLEAR BANK SA/NV | $30.3M | 26.09% |
| CITIGROUP GLOBAL MARKETS INC. | $21.2M | 18.28% |
| RBC CAPITAL MARKETS, LLC | $13.8M | 11.89% |
| UBS SECURITIES LLC | $11.9M | 10.28% |
| WELLS FARGO SECURITIES, LLC | $10.4M | 8.99% |
| MIZUHO SECURITIES USA LLC | $9.9M | 8.50% |
| BNP PARIBAS SECURITIES CORP. | $7.6M | 6.56% |
| CLEARSTREAM BANKING S.A. | $4.1M | 3.54% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $3.5M | 3.04% |
| BARCLAYS CAPITAL INC. | $3.3M | 2.83% |
Invesco Income Advantage U.S. Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SLESX | Class R6 | 0.77% | none |
| SCIUX | Class R5 | 0.84% | none |
| SCAYX | Class Y | 0.86% | none |
| SCAUX | Class A | 1.11% | 5.50% |
| SCNUX | Investor Class | 1.11% | none |
| SCRUX | Class R | 1.36% | none |
| SCCUX | Class C | 1.86% | 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.