14 important things you should know about Invesco FGLDX mutual fund

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

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

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

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

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

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

Fact Sheet

1. Describe AIM Sector Funds (Invesco Sector Funds): Invesco Gold & Precious Metals Fund; Investor Class Shares (FGLDX).

The Fund seeks long-term growth of capital. The Fund invests, under normal circumstances, at least 80% of its net assets in securities of issuers engaged in exploring for, mining, processing, or dealing and investing in gold and other precious metals, and in derivatives and other instruments similar to such securities.

2. What are FGLDX top holdings?

FGLDX has 43 stock holdings and 0 bond holdings.

The top 10 holdings represent 48.37% of total assets. Here are the top holdings:

Name Symbol % Assets
Torex Gold Resources Inc TXG.TO 6.12%
Newmont Corp NEM 5.02%
Barrick Gold Corp ABX.TO 4.95%
Sandstorm Gold Ltd SSL.TO 4.95%
Kinross Gold Corp K.TO 4.84%
Agnico Eagle Mines Ltd AEM.TO 4.73%
B2Gold Corp BTO.TO 4.54%
Franco-Nevada Corp FNV.TO 4.54%
Lundin Gold Inc LUG.TO 4.40%
Wheaton Precious Metals Corp WPM.TO 4.28%

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

FGLDX has generated the following returns:

  • 1-month return is 18.98%;
  • 3-month return is 11.14%;
  • 1-year return is 49.09%;
  • 3-year return is 5.64%;
  • 5-year return is 6.12%;
  • 10-year return is -3.73%;
  • 15-year return is 4.71%.

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

In the last 10 years, FGLDX had 4 up years and 6 down years.

5. What is FGLDX dividend yield?

FGLDX yield is 0%.

6. What is FGLDX minimum initial investment amount?

FGLDX minimum initial investment amount is N/A.

7. What is FGLDX expense ratio?

FGLDX expense ratio is 1.49%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 0%;
  • 3-year ax cost ratio is 0.25%.

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

  • 3-year beta is 0.58;
  • 5-year beta is 0.66;
  • 10-year beta is 0.58.

11. What is FGLDX Sharpe ratio?

  • 3-year Sharpe ratio is -0.32;
  • 5-year Sharpe ratio is 0.15;
  • 10-year Sharpe ratio is -0.06.

Analysis

12. What is FGLDX Finny Score? FGLDX buy or sell?

FGLDX Finny Score is 50. Our quantitative analysis shows 5 reasons to buy FGLDX and 5 reasons to sell it, resulting in the Finny Score of 50.

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

The following are FGLDX strengths from our perspective:

  • FGLDX 10-year return is -3.73%, which is higher than the 10-year return of the benchmark index (PHLX Gold & Silver PR USD), -4.35%.
  • FGLDX 15-year return is 4.71%, which is higher than the 15-year return of the benchmark index (PHLX Gold & Silver PR USD), 2.35%.
  • FGLDX 3-year Beta is 0.58, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.
  • FGLDX 5-year Beta is 0.66, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.
  • FGLDX 10-year Beta is 0.58, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.

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

The following are FGLDX weaknesses from our perspective:

  • FGLDX net assets are $63.00 million. This fund is not a popular choice with retail investors.
  • FGLDX 3-year return is 5.64%, which is lower than the 3-year return of the benchmark index (PHLX Gold & Silver PR USD), 12.1%.
  • FGLDX 5-year return is 6.12%, which is lower than the 5-year return of the benchmark index (PHLX Gold & Silver PR USD), 10.16%.
  • Warning: this fund has a 12b1 sales fee. The maximum 12b1 fee is 0.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
  • FGLDX expense ratio is 1.49%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the FGLDX review, we covered FGLDX 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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