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15 important things you should know about GMQXX mutual fund

Updated: September 18, 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
  • High expense ratio
  • Sales load and/or distribution fees

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

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

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

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

  1. Describe AIM Investment Securities Funds (Invesco Investment Securities Funds): Invesco Oppen Govt Mny Mkt Fd; Csh Rsv (GMQXX).
  2. What are GMQXX holdings?
  3. What is GMQXX performance? What are GMQXX historical returns?
  4. How many up and down years did GMQXX have historically?
  5. What is GMQXX dividend yield?
  6. What is GMQXX minimum initial investment amount?
  7. What is GMQXX expense ratio?
  8. Does GMQXX have any sales loads or 12b-1 distribution expenses?
  9. What is GMQXX tax efficiency (tax-cost ratio)?
  10. What is GMQXX beta? How would you assess GMQXX risk?
  11. What is GMQXX Sharpe ratio?
  12. What is GMQXX Finny Score? GMQXX buy or sell?
  13. What are the pros of investing in GMQXX? What are GMQXX buy reasons?
  14. What are the cons of investing in GMQXX? What are GMQXX 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 Oppen Govt Mny Mkt Fd; Csh Rsv (GMQXX).

The Fund seeks to maximum current income that is consistent with stability of principal. Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings, if any, for investment purposes) in government securities and repurchase agreements that are collateralized by government securities.

2. What are GMQXX top holdings?

GMQXX has 0 stock holdings and 9 bond holdings.

The top 10 holdings represent 65.59% of total assets. Here are the top holdings:

Name Symbol % Assets
Repurchase Agreements3(Cost $2,837,800,000) N/A 52.94%
Federal Home Loan Bank: 2.477%[us0003m-32] N/A 1.96%
Federal Home Loan Bank: 2.37%[us0001m-24] N/A 1.77%
Federal Farm Credit Bank: 2.432%[us0001m-8.5] N/A 1.40%
Federal Home Loan Bank: 2.371%[us0001m-11] N/A 1.40%
Federal Farm Credit Bank: 2.439%[us0001m-7.5] N/A 1.40%
Federal Farm Credit Bank: 2.394%[us0001m-11] N/A 1.38%
Federal National Mortgage Assn.: 1.75% N/A 1.14%
Federal National Mortgage Assn.: 2.49% [sofrrate12] N/A 1.12%
Federal Home Loan Bank: 2.399%[us0001m-11.5] N/A 1.08%

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

GMQXX has generated the following returns:

  • 1-year return is 0.54%;
  • 3-year return is 0.99%;
  • 5-year return is 0.56%;
  • 10-year return is 0.21%.

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

In the last 10 years, GMQXX had 10 up years and 0 down years. See Performances

5. What is GMQXX dividend yield?

GMQXX yield is %.

6. What is GMQXX minimum initial investment amount?

GMQXX minimum initial investment amount is N/A.

7. What is GMQXX expense ratio?

GMQXX expense ratio is 0.73%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses. See Expenses

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

GMQXX 12b-1 distribution fee is 0.15. GMQXX front-end sales load is 0. GMQXX back-end sales load is 0.

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

  • 1-year ax cost ratio is 0.19%;
  • 3-year ax cost ratio is %.

See Taxes

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

See Risks

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 6 reasons to sell it, resulting in the Finny Score of 0.

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

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

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

The following are GMQXX weaknesses from our perspective:

  • <strong>GMQXX net assets</strong> are $8.10 million. This fund is not a popular choice with retail investors.
  • <strong>GMQXX 3-year return</strong> is 0.99%, which is lower than the 3-year return of the benchmark index (USTREAS Treasury Bill Auction Average 3 Month), 1.64%.
  • <strong>GMQXX 5-year return</strong> is 0.56%, which is lower than the 5-year return of the benchmark index (USTREAS Treasury Bill Auction Average 3 Month), 1.17%.
  • <strong>GMQXX 10-year return</strong> is 0.21%, which is lower than the 10-year return of the benchmark index (USTREAS Treasury Bill Auction Average 3 Month), 0.61%.
  • <strong>GMQXX expense ratio</strong> is 0.73%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 sales fee. The maximum 12b1 fee is 0.15%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
In the GMQXX review, we covered GMQXX 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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