14 important things you should know about Invesco IIBCX mutual fund

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

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

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

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

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

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

Fact Sheet

1. Describe AIM International Mutual Funds (Invesco International Mutual Funds): Invesco Intl Core Eq Fd; Inv Cl Shs (IIBCX).

The Fund seeks total return. The fund invests primarily in the stocks of larger-capitalization foreign companies with a record of stable earnings or dividends and a reputation for high-quality management.

2. What are IIBCX top holdings?

IIBCX has 53 stock holdings and 0 bond holdings.

The top 10 holdings represent 30.11% of total assets. Here are the top holdings:

Name Symbol % Assets
SAP SE SAP.DE 3.60%
Novartis AG ADR NVS 3.36%
Royal Dutch Shell PLC ADR Class A RDS.A.L 3.34%
Hitachi Ltd 6501 3.08%
BNP Paribas BNP.PA 2.86%
Sanofi SA SAN.PA 2.83%
Vivendi SA VIV.PA 2.79%
ING Groep NV INGA 2.76%
Nomad Foods Ltd NOMD.L 2.75%
Siemens AG SIE.DE 2.74%

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

IIBCX has generated the following returns:

  • 1-month return is 3.87%;
  • 3-month return is -19.93%;
  • 1-year return is -10.92%;
  • 3-year return is -3.85%;
  • 5-year return is -1.94%;
  • 10-year return is 1.73%;
  • 15-year return is 1.91%.

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

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

5. What is IIBCX dividend yield?

IIBCX yield is 2.04%.

6. What is IIBCX minimum initial investment amount?

IIBCX minimum initial investment amount is N/A.

7. What is IIBCX expense ratio?

IIBCX expense ratio is 1.12%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 0.83%;
  • 3-year ax cost ratio is 1.31%.

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

  • 3-year beta is 1.12;
  • 5-year beta is 1.03;
  • 10-year beta is 1.00.

11. What is IIBCX Sharpe ratio?

  • 3-year Sharpe ratio is -0.32;
  • 5-year Sharpe ratio is -0.19;
  • 10-year Sharpe ratio is 0.04.

Analysis

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

IIBCX Finny Score is 0. Our quantitative analysis shows 0 reasons to buy IIBCX and 8 reasons to sell it, resulting in the Finny Score of 0.

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

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

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

The following are IIBCX weaknesses from our perspective:

  • IIBCX net assets are $9.30 million. This fund is not a popular choice with retail investors.
  • IIBCX 3-year return is -3.85%, which is lower than the 3-year return of the benchmark index (MSCI EAFE NR USD), -1.37%.
  • IIBCX 5-year return is -1.94%, which is lower than the 5-year return of the benchmark index (MSCI EAFE NR USD), -0.42%.
  • IIBCX 10-year return is 1.73%, which is lower than the 10-year return of the benchmark index (MSCI EAFE NR USD), 4.14%.
  • IIBCX 15-year return is 1.91%, which is lower than the 15-year return of the benchmark index (MSCI EAFE NR USD), 3.57%.
  • 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.
  • IIBCX expense ratio is 1.12%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • IIBCX 3-year Beta is 1.12, which is higher than the index (MSCI ACWI Ex USA NR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
In the IIBCX review, we covered IIBCX 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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