14 important things you should know about Invesco LCEIX mutual fund

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

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

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

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

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

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 LCEIX top holdings?

LCEIX 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 LCEIX performance? What are LCEIX historical returns?

LCEIX has generated the following returns:

  • 1-month return is -1.31%;
  • 3-month return is -19.18%;
  • 1-year return is -10.15%;
  • 3-year return is -0.58%;
  • 5-year return is 2.65%;
  • 10-year return is 7.85%.

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

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

5. What is LCEIX dividend yield?

LCEIX yield is 2.29%.

6. What is LCEIX minimum initial investment amount?

LCEIX minimum initial investment amount is N/A.

7. What is LCEIX expense ratio?

LCEIX expense ratio is 0.76%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

LCEIX 12b-1 distribution fee is 0.2. LCEIX front-end sales load is 0. LCEIX back-end sales load is 0.

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

  • 1-year ax cost ratio is 1.71%;
  • 3-year ax cost ratio is 1.61%.

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

  • 3-year beta is 0.86;
  • 5-year beta is 0.81;
  • 10-year beta is 0.85.

11. What is LCEIX Sharpe ratio?

  • 3-year Sharpe ratio is -0.24;
  • 5-year Sharpe ratio is 0.09;
  • 10-year Sharpe ratio is 0.59.

Analysis

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

LCEIX Finny Score is 50. Our quantitative analysis shows 4 reasons to buy LCEIX and 4 reasons to sell it, resulting in the Finny Score of 50.

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

The following are LCEIX strengths from our perspective:

  • LCEIX 10-year return is 7.85%, which is in line with the 10-year return of the benchmark index (Russell 1000 Value TR USD), 8.67%.
  • LCEIX 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.
  • LCEIX 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.
  • LCEIX 10-year Beta is 0.85, 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 LCEIX? What are LCEIX negatives?

The following are LCEIX weaknesses from our perspective:

  • LCEIX 3-year return is -0.58%, which is lower than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 0.9%.
  • LCEIX 5-year return is 2.65%, which is lower than the 5-year return of the benchmark index (Russell 1000 Value TR USD), 3.39%.
  • Warning: this fund has a 12b1 sales fee. The maximum 12b1 fee is 0.2%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
  • LCEIX expense ratio is 0.76%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the LCEIX review, we covered LCEIX 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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