14 important things you should know about Invesco LCEVX mutual fund

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

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

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

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

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

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 LCEVX top holdings?

LCEVX 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 LCEVX performance? What are LCEVX historical returns?

LCEVX has generated the following returns:

  • 1-month return is -1.38%;
  • 3-month return is -19.33%;
  • 1-year return is -10.86%;
  • 3-year return is -1.38%;
  • 5-year return is 1.83%;
  • 10-year return is 7.00%;
  • 15-year return is 5.68%.

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

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

5. What is LCEVX dividend yield?

LCEVX yield is 1.53%.

6. What is LCEVX minimum initial investment amount?

LCEVX minimum initial investment amount is $1.00K.

7. What is LCEVX expense ratio?

LCEVX expense ratio is 1.56%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 1.39%;
  • 3-year ax cost ratio is 1.29%.

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

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

11. What is LCEVX Sharpe ratio?

  • 3-year Sharpe ratio is -0.30;
  • 5-year Sharpe ratio is 0.03;
  • 10-year Sharpe ratio is 0.52.

Analysis

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

LCEVX Finny Score is 40. Our quantitative analysis shows 4 reasons to buy LCEVX and 6 reasons to sell it, resulting in the Finny Score of 40.

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

The following are LCEVX strengths from our perspective:

  • LCEVX 15-year return is 5.68%, which is in line with the 15-year return of the benchmark index (Russell 1000 Value TR USD), 6.11%.
  • LCEVX 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.
  • LCEVX 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.
  • LCEVX 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 LCEVX? What are LCEVX negatives?

The following are LCEVX weaknesses from our perspective:

  • LCEVX net assets are $462.80 million. This fund is not a popular choice with retail investors.
  • LCEVX 3-year return is -1.38%, which is lower than the 3-year return of the benchmark index (Russell 1000 Value TR USD), 0.9%.
  • LCEVX 5-year return is 1.83%, which is lower than the 5-year return of the benchmark index (Russell 1000 Value TR USD), 3.39%.
  • LCEVX 10-year return is 7%, 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 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.
  • LCEVX expense ratio is 1.56%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the LCEVX review, we covered LCEVX 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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