14 important things you should know about Invesco GTNDX mutual fund

Updated: June 28, 2020
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Before we start: if you’re looking for GTNDX “stock” price, you can quickly find it out by visiting Finny and typing "GTNDX quote". If you’re looking for a quick scoop on GTNDX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "GTNDX". You’ll get all this info in one place.

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

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

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

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

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

Fact Sheet

1. Describe AIM Growth Series (Invesco Growth Series): Invesco Global Low Volatility Equity Yield Fund; Class A Shares (GTNDX).

The Fund seeks income and long-term growth of capital. The Fund invests, under normal circumstances, at least 80% of its net assets in equity securities and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund invests primarily in U.S. and foreign issuers.

2. What are GTNDX top holdings?

GTNDX has 92 stock holdings and 0 bond holdings.

The top 10 holdings represent 11.25% of total assets. Here are the top holdings:

Name Symbol % Assets
E-mini S&P 500 Future Mar20 ESH0.AX 1.34%
Fortescue Metals Group Ltd N/A 1.20%
CK Asset Holdings Ltd 01113 1.17%
Target Corp TGT.TO 1.11%
CGI Inc Class A GIB.A.L 1.10%
Barratt Developments PLC BDEV.L 1.09%
ICA Gruppen AB ICA.AX 1.07%
Persimmon PLC PSN 1.07%
Rio Tinto Ltd N/A 1.06%
Next PLC NXT 1.04%

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

GTNDX has generated the following returns:

  • 1-month return is 2.33%;
  • 3-month return is -17.34%;
  • 1-year return is -8.57%;
  • 3-year return is -1.92%;
  • 5-year return is -0.49%;
  • 10-year return is 4.82%;
  • 15-year return is 3.06%.

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

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

5. What is GTNDX dividend yield?

GTNDX yield is 2.06%.

6. What is GTNDX minimum initial investment amount?

GTNDX minimum initial investment amount is $1.00K.

7. What is GTNDX expense ratio?

GTNDX expense ratio is 1.59%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

GTNDX 12b-1 distribution fee is 0.25. GTNDX front-end sales load is 5.5. GTNDX back-end sales load is 0.

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

  • 1-year ax cost ratio is 1.04%;
  • 3-year ax cost ratio is 0.96%.

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

  • 3-year beta is 0.80;
  • 5-year beta is 0.78;
  • 10-year beta is 0.82.

11. What is GTNDX Sharpe ratio?

  • 3-year Sharpe ratio is -0.34;
  • 5-year Sharpe ratio is -0.15;
  • 10-year Sharpe ratio is 0.27.

Analysis

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

GTNDX Finny Score is 30. Our quantitative analysis shows 3 reasons to buy GTNDX and 7 reasons to sell it, resulting in the Finny Score of 30.

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

The following are GTNDX strengths from our perspective:

  • GTNDX 3-year Beta is 0.8, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.
  • GTNDX 5-year Beta is 0.78, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.
  • GTNDX 10-year Beta is 0.82, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.

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

The following are GTNDX weaknesses from our perspective:

  • GTNDX net assets are $75.00 million. This fund is not a popular choice with retail investors.
  • GTNDX 3-year return is -1.92%, which is lower than the 3-year return of the benchmark index (MSCI World NR USD), 4.85%.
  • GTNDX 5-year return is -0.49%, which is lower than the 5-year return of the benchmark index (MSCI World NR USD), 4.86%.
  • GTNDX 10-year return is 4.82%, which is lower than the 10-year return of the benchmark index (MSCI World NR USD), 8.2%.
  • GTNDX 15-year return is 3.06%, which is lower than the 15-year return of the benchmark index (MSCI World NR USD), 6.18%.
  • 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 5.5%. 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.
  • GTNDX expense ratio is 1.59%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the GTNDX review, we covered GTNDX 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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