9 important things you should know about Invesco AGOVX mutual fund
Updated: November 29, 2021
Bull case

No bull case arguments.

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

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

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

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

  1. Describe AIM Investment Securities Funds (Invesco Investment Securities Funds): Invesco US Government Fund; Class A Shs (AGOVX).
  2. What are AGOVX holdings?
  3. What is AGOVX performance? What are AGOVX historical returns?
  4. What is AGOVX dividend yield?
  5. What is AGOVX minimum initial investment amount?
  6. Does AGOVX have any sales loads or 12b-1 distribution expenses?
  7. What is AGOVX Finny Score? AGOVX buy or sell?
  8. What are the pros of investing in AGOVX? What are AGOVX buy reasons?
  9. What are the cons of investing in AGOVX? What are AGOVX sell reasons?

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

Fact Sheet

1. Describe AIM Investment Securities Funds (Invesco Investment Securities Funds): Invesco US Government Fund; Class A Shs (AGOVX).

The Fund seeks current income, and secondarily, capital appreciation. The Fund invests primarily in fixed-income securities and in derivatives and other instruments that have economic characteristics similar to such securities. To meet its objective, the Fund engages in active and frequent trading of portfolio securities.

2. What are AGOVX top holdings?

AGOVX has 0 stock holdings and 287 bond holdings.

The top 10 holdings represent 29.29% of total assets. Here are the top holdings:

Name Symbol % Assets
Federal National Mortgage Association 2% N/A 13.89%
United States Treasury Notes 0.62% N/A 3.03%
Government National Mortgage Association 2% N/A 2.68%
Commercial Mortgage Trust 5.09% N/A 1.66%
TRICON AMERICAN HOMES TRUST 2.55% N/A 1.55%
Cbam 2017-3 Ltd 1.5% N/A 1.35%
Invesco Shrt-Trm Inv Gov&Agcy Instl AGPXX 1.34%
Symphony CLO XXII LTD/LLC 2.6% N/A 1.27%
WELLS FARGO COMMERCIAL MORTGAGE TRUST 4.24% N/A 1.27%
Comm 2015-Ccre24 Mortgage Trust 4.52% N/A 1.25%

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

AGOVX has generated the following returns:

  • 1-month return is -0.28%;
  • 3-month return is -0.18%;
  • 1-year return is -0.18%;
  • 3-year return is 1.95%;
  • 5-year return is 1.03%;
  • 10-year return is 1.06%;
  • 15-year return is 2.64%.

4. What is AGOVX dividend yield?

AGOVX yield is 2.98%.

5. What is AGOVX minimum initial investment amount?

AGOVX minimum initial investment amount is $1.00K.

6. Does AGOVX have any sales loads or 12b-1 distribution expenses?

AGOVX 12b-1 distribution fee is 0.25. AGOVX front-end sales load is 4.25. AGOVX back-end sales load is 0.

Analysis

7. 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.

8. What are the pros of investing in AGOVX? What are AGOVX buy reasons?

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

9. What are the cons of investing in AGOVX? What are AGOVX negatives?

The following are AGOVX weaknesses from our perspective:

  • AGOVX net assets are $320.80 million. This fund is not a popular choice with retail investors.
  • AGOVX 3-year return is 1.95%, which is lower than the 3-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 5.24%.
  • AGOVX 5-year return is 1.03%, which is lower than the 5-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 3.48%.
  • AGOVX 10-year return is 1.06%, which is lower than the 10-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 2.89%.
  • AGOVX 15-year return is 2.64%, which is lower than the 15-year return of the benchmark index (Bloomberg US Aggregate Bond TR USD), 4.03%.
  • AGOVX expense ratio is 0.97%, 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 front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 4.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the AGOVX review, we covered AGOVX 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.