14 important things you should know about Invesco IEFCX mutual fund

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

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

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

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

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

The Fund seeks long-term capital growth by investing primarily in the equity securities of companies within the energy sector. These industries include oil companies, oil and gas exploration companies, pipeline companies, refinery companies, energy conservation companies, coal and uranium and other assorted firms.

2. What are IEFCX top holdings?

IEFCX has 38 stock holdings and 0 bond holdings.

The top 10 holdings represent 51.72% of total assets. Here are the top holdings:

Name Symbol % Assets
Canadian Natural Resources Ltd CNQ.TO 6.32%
Noble Energy Inc NBL 6.10%
Suncor Energy Inc SU.TO 5.98%
Chevron Corp CVX 5.66%
BP PLC ADR BP.L 5.59%
Royal Dutch Shell PLC ADR Class A RDS.A.L 5.45%
PrairieSky Royalty Ltd PSK.TO 4.47%
Exxon Mobil Corp XOM 4.13%
Total SA FP.PA 4.12%
Hess Corp HES 3.90%

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

IEFCX has generated the following returns:

  • 1-month return is 9.90%;
  • 3-month return is -31.78%;
  • 1-year return is -43.58%;
  • 3-year return is -21.38%;
  • 5-year return is -18.88%;
  • 10-year return is -8.81%;
  • 15-year return is -2.95%.

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

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

5. What is IEFCX dividend yield?

IEFCX yield is 1.21%.

6. What is IEFCX minimum initial investment amount?

IEFCX minimum initial investment amount is $1.00K.

7. What is IEFCX expense ratio?

IEFCX expense ratio is 2.07%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 0.52%;
  • 3-year ax cost ratio is 0.6%.

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

  • 3-year beta is 1.80;
  • 5-year beta is 1.69;
  • 10-year beta is 1.52.

11. What is IEFCX Sharpe ratio?

  • 3-year Sharpe ratio is -0.88;
  • 5-year Sharpe ratio is -0.62;
  • 10-year Sharpe ratio is -0.31.

Analysis

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

IEFCX Finny Score is 0. Our quantitative analysis shows 0 reasons to buy IEFCX and 10 reasons to sell it, resulting in the Finny Score of 0.

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

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

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

The following are IEFCX weaknesses from our perspective:

  • IEFCX net assets are $22.00 million. This fund is not a popular choice with retail investors.
  • IEFCX 3-year return is -21.38%, which is lower than the 3-year return of the benchmark index (MSCI World/Energy NR USD), -12.49%.
  • IEFCX 5-year return is -18.88%, which is lower than the 5-year return of the benchmark index (MSCI World/Energy NR USD), -9.63%.
  • IEFCX 10-year return is -8.81%, which is lower than the 10-year return of the benchmark index (MSCI World/Energy NR USD), -2.57%.
  • IEFCX 15-year return is -2.95%, which is lower than the 15-year return of the benchmark index (MSCI World/Energy NR USD), 0.23%.
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 1%, 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.
  • IEFCX expense ratio is 2.07%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • IEFCX 3-year Beta is 1.8, which is higher than the index (MSCI ACWI NR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
  • IEFCX 5-year Beta is 1.69, which is higher than the index (MSCI ACWI NR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • IEFCX 10-year Beta is 1.52, which is higher than the index (MSCI ACWI NR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
In the IEFCX review, we covered IEFCX 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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