14 important things you should know about Invesco LCEAX mutual fund

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

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

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

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

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

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

Fact Sheet

1. Describe AIM Equity Funds (Invesco Equity Funds): Invesco Diversified Dividend Fund; Class A Shares (LCEAX).

The Fund seeks long-term growth of capital and, secondarily, current income. The Fund invests primarily in dividend-paying securities. The principal type of equity security in which the Fund invests is common stock. The Fund invests in securities that are undervalued based on various valuation measures.

2. What are LCEAX top holdings?

LCEAX has 70 stock holdings and 0 bond holdings.

The top 10 holdings represent 27.01% of total assets. Here are the top holdings:

Name Symbol % Assets
The Hartford Financial Services Group Inc HIG 3.25%
Entergy Corp ETR 3.20%
General Mills Inc GIS 3.09%
Procter & Gamble Co PG 2.89%
Coca-Cola Co KO 2.65%
AT&T Inc T 2.64%
PPL Corp PPL 2.56%
Dominion Energy Inc D 2.42%
Exelon Corp EXC 2.18%
Campbell Soup Co CPB 2.13%

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

LCEAX has generated the following returns:

  • 1-month return is -1.37%;
  • 3-month return is -19.24%;
  • 1-year return is -10.25%;
  • 3-year return is -0.66%;
  • 5-year return is 2.59%;
  • 10-year return is 7.80%;
  • 15-year return is 6.44%.

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

In the last 10 years, LCEAX had 8 up years and 2 down years.

5. What is LCEAX dividend yield?

LCEAX yield is 2.25%.

6. What is LCEAX minimum initial investment amount?

LCEAX minimum initial investment amount is $1.00K.

7. What is LCEAX expense ratio?

LCEAX expense ratio is 0.81%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 1.68%;
  • 3-year ax cost ratio is 1.59%.

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

  • 3-year beta is 0.86;
  • 5-year beta is 0.81;
  • 10-year beta is 0.84.

11. What is LCEAX Sharpe ratio?

  • 3-year Sharpe ratio is -0.25;
  • 5-year Sharpe ratio is 0.09;
  • 10-year Sharpe ratio is 0.59.

Analysis

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

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

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

The following are LCEAX strengths from our perspective:

  • LCEAX 15-year return is 6.44%, which is higher than the 15-year return of the benchmark index (Russell 1000 Value TR USD), 6.11%.
  • LCEAX 3-year Beta is 0.86, which is inversely correlated with the index (S&P 500 TR USD). The could be good if you're trying to hedge your portfolio.
  • LCEAX 5-year Beta is 0.81, which is inversely correlated with the index (S&P 500 TR USD). The could be good if you're trying to hedge your portfolio.
  • LCEAX 10-year Beta is 0.84, which is inversely correlated with the index (S&P 500 TR USD). The could be good if you're trying to hedge your portfolio.

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

The following are LCEAX weaknesses from our perspective:

  • LCEAX 3-year return is -0.66%, which is lower than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 0.9%.
  • LCEAX 5-year return is 2.59%, which is lower than the 5-year return of the benchmark index (Russell 1000 Value TR USD), 3.39%.
  • LCEAX 10-year return is 7.8%, which is lower than the 10-year return of the benchmark index (Russell 1000 Value TR USD), 8.67%.
  • 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.
  • LCEAX expense ratio is 0.81%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the LCEAX review, we covered LCEAX 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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