14 important things you should know about Invesco IGDCX mutual fund

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

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

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

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

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

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 IGDCX top holdings?

IGDCX 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 IGDCX performance? What are IGDCX historical returns?

IGDCX has generated the following returns:

  • 1-month return is 19.06%;
  • 3-month return is 10.83%;
  • 1-year return is 48.00%;
  • 3-year return is 4.86%;
  • 5-year return is 5.34%;
  • 10-year return is -4.44%;
  • 15-year return is 3.92%.

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

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

5. What is IGDCX dividend yield?

IGDCX yield is 0%.

6. What is IGDCX minimum initial investment amount?

IGDCX minimum initial investment amount is $1.00K.

7. What is IGDCX expense ratio?

IGDCX expense ratio is 2.24%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 0%;
  • 3-year ax cost ratio is 0.2%.

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

  • 3-year beta is 0.57;
  • 5-year beta is 0.65;
  • 10-year beta is 0.58.

11. What is IGDCX Sharpe ratio?

  • 3-year Sharpe ratio is -0.35;
  • 5-year Sharpe ratio is 0.13;
  • 10-year Sharpe ratio is -0.08.

Analysis

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

IGDCX Finny Score is 44. Our quantitative analysis shows 4 reasons to buy IGDCX and 5 reasons to sell it, resulting in the Finny Score of 44.

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

The following are IGDCX strengths from our perspective:

  • IGDCX 15-year return is 3.92%, which is higher than the 15-year return of the benchmark index (PHLX Gold & Silver PR USD), 2.35%.
  • IGDCX 3-year Beta is 0.57, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.
  • IGDCX 5-year Beta is 0.65, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.
  • IGDCX 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 IGDCX? What are IGDCX negatives?

The following are IGDCX weaknesses from our perspective:

  • IGDCX net assets are $18.50 million. This fund is not a popular choice with retail investors.
  • IGDCX 3-year return is 4.86%, which is lower than the 3-year return of the benchmark index (PHLX Gold & Silver PR USD), 12.1%.
  • IGDCX 5-year return is 5.34%, 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 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.
  • IGDCX expense ratio is 2.24%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the IGDCX review, we covered IGDCX 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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