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15 important things you should know about Invesco ACERX mutual fund

Updated: September 27, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • 15-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for ACERX “stock” price, you can quickly find it out by visiting Finny and typing "ACERX quote". If you’re looking for a quick scoop on ACERX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ACERX". You’ll get all this info in one place.

Are you looking to buy or sell ACERX? Or perhaps you’re looking for ACERX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ACERX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ACERX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ACERX buy or sell; the pros and cons of investing in ACERX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ACERX.

And here is the list of questions we’ll answer:

  1. Describe AIM Counselor Series Trust (Invesco Counselor Series Trust): Invesco Equity & Income Fund; Class C Shares (ACERX).
  2. What are ACERX holdings?
  3. What is ACERX performance? What are ACERX historical returns?
  4. How many up and down years did ACERX have historically?
  5. What is ACERX dividend yield?
  6. What is ACERX minimum initial investment amount?
  7. What is ACERX expense ratio?
  8. Does ACERX have any sales loads or 12b-1 distribution expenses?
  9. What is ACERX tax efficiency (tax-cost ratio)?
  10. What is ACERX beta? How would you assess ACERX risk?
  11. What is ACERX Sharpe ratio?
  12. What is ACERX Finny Score? ACERX buy or sell?
  13. What are the pros of investing in ACERX? What are ACERX buy reasons?
  14. What are the cons of investing in ACERX? What are ACERX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AIM Counselor Series Trust (Invesco Counselor Series Trust): Invesco Equity & Income Fund; Class C Shares (ACERX).

The Fund seeks the highest possible income consistent with safety of principal. Long-term growth of capital is an important secondary objective. The Fund seeks to achieve its investment objective by investing primarily in income-producing equity securities and investment grade quality debt securities.

2. What are ACERX top holdings?

ACERX has 63 stock holdings and 240 bond holdings.

The top 10 holdings represent 18.66% of total assets. Here are the top holdings:

Name Symbol % Assets
Philip Morris International Inc PM 2.65%
United States Treasury Notes 0.5% N/A 2.57%
Bank of America Corp BAC 1.98%
Johnson & Johnson JNJ 1.98%
General Dynamics Corp GD 1.74%
Citigroup Inc C 1.68%
Oracle Corp ORCL 1.56%
Bristol-Myers Squibb Company BMY 1.53%
General Motors Co GM 1.49%
PNC Financial Services Group Inc PNC 1.48%

3. What is ACERX performance? What are ACERX historical returns?

ACERX has generated the following returns:

  • 1-month return is -1.05%;
  • 3-month return is 1.96%;
  • 1-year return is -2.27%;
  • 3-year return is 1.27%;
  • 5-year return is 4.88%;
  • 10-year return is 6.90%;
  • 15-year return is 5.20%.

4. How many up and down years did ACERX have historically?

In the last 10 years, ACERX had 7 up years and 3 down years.

ACERX up and down years

5. What is ACERX dividend yield?

ACERX yield is 1.18%.

6. What is ACERX minimum initial investment amount?

ACERX minimum initial investment amount is $1.00K.

7. What is ACERX expense ratio?

ACERX expense ratio is 1.5%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

ACERX expenses

8. Does ACERX have any sales loads or 12b-1 distribution expenses?

ACERX 12b-1 distribution fee is 0.96. ACERX front-end sales load is 0. ACERX back-end sales load is 1.

9. What is ACERX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 1.66%;
  • 3-year ax cost ratio is 1.76%.
ACERX tax costs

10. What is ACERX beta? How would you assess ACERX risk?

  • 3-year beta is 1.35;
  • 5-year beta is 1.32;
  • 10-year beta is 1.23;
  • 15-year beta is 1.14.
ACERX Beta

11. What is ACERX Sharpe ratio?

  • 3-year Sharpe ratio is 0.02;
  • 5-year Sharpe ratio is 0.22;
  • 10-year Sharpe ratio is 0.65.
ACERX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 7 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in ACERX? What are ACERX buy reasons?

We don't see any strong reasons to buy ACERX.

14. What are the cons of investing in ACERX? What are ACERX negatives?

The following are ACERX weaknesses from our perspective:

  • <strong>ACERX net assets</strong> are $557.70 million. This fund is not a popular choice with retail investors.
  • <strong>ACERX 3-year return</strong> is 1.27%, which is lower than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 3.35%.
  • <strong>ACERX 5-year return</strong> is 4.88%, which is lower than the 5-year return of the benchmark index (Russell 1000 Value TR USD), 7.63%.
  • <strong>ACERX 10-year return</strong> is 6.9%, which is lower than the 10-year return of the benchmark index (Russell 1000 Value TR USD), 10.17%.
  • <strong>ACERX 15-year return</strong> is 5.2%, which is lower than the 15-year return of the benchmark index (Russell 1000 Value TR USD), 6.38%.
  • <strong>ACERX expense ratio</strong> is 1.5%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 0.96%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
In the ACERX review, we covered ACERX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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