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15 important things you should know about Invesco LMTAX mutual fund

Updated: September 28, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • 15-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

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

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

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

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

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

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

Fact Sheet

1. Describe AIM Investment Securities Funds (Invesco Investment Securities Funds): Invesco Sh Dur Infl Prot Fd; Cl A Shs (LMTAX).

The Fund seeks liquidity with minimum fluctuation of principal value and the highest total return achievable. The Fund seeks to achieve this by investing in an actively managed portfolio of U.S. Treasury notes and other direct obligations of the U.S. Treasury.

2. What are LMTAX top holdings?

LMTAX has 0 stock holdings and 12 bond holdings.

The top 4 holdings represent 29.56% of total assets. Here are the top holdings:

Name Symbol % Assets
United States Treasury Notes 0.62% N/A 7.51%
United States Treasury Notes 0.38% N/A 7.46%
United States Treasury Notes 0.25% N/A 7.35%
United States Treasury Notes 0.12% N/A 7.24%

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

LMTAX has generated the following returns:

  • 1-month return is 0.27%;
  • 3-month return is 1.70%;
  • 1-year return is 4.70%;
  • 3-year return is 2.69%;
  • 5-year return is 2.12%;
  • 10-year return is 1.07%;
  • 15-year return is 1.79%.

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

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

LMTAX up and down years

5. What is LMTAX dividend yield?

LMTAX yield is 1.87%.

6. What is LMTAX minimum initial investment amount?

LMTAX minimum initial investment amount is $1.00K.

7. What is LMTAX expense ratio?

LMTAX expense ratio is 0.55%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

LMTAX expenses

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

LMTAX 12b-1 distribution fee is 0.25. LMTAX front-end sales load is 2.5. LMTAX back-end sales load is 0.

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

  • 1-year ax cost ratio is 0.61%;
  • 3-year ax cost ratio is 0.9%.
LMTAX tax costs

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

  • 3-year beta is 0.36;
  • 5-year beta is 0.37;
  • 10-year beta is 0.26.
LMTAX Beta

11. What is LMTAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.30;
  • 5-year Sharpe ratio is 0.35;
  • 10-year Sharpe ratio is 0.26.
LMTAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 7 reasons to sell it, resulting in the Finny Score of 0.

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

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

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

The following are LMTAX weaknesses from our perspective:

  • <strong>LMTAX net assets</strong> are $45.20 million. This fund is not a popular choice with retail investors.
  • <strong>LMTAX 3-year return</strong> is 2.69%, which is lower than the 3-year return of the benchmark index (ICE BofA 1-5 Year US Inflation-Linked Treasury TR USD), 3.22%.
  • <strong>LMTAX 5-year return</strong> is 2.12%, which is lower than the 5-year return of the benchmark index (ICE BofA 1-5 Year US Inflation-Linked Treasury TR USD), 2.59%.
  • <strong>LMTAX 10-year return</strong> is 1.07%, which is lower than the 10-year return of the benchmark index (ICE BofA 1-5 Year US Inflation-Linked Treasury TR USD), 1.86%.
  • <strong>LMTAX 15-year return</strong> is 1.79%, which is lower than the 15-year return of the benchmark index (ICE BofA 1-5 Year US Inflation-Linked Treasury TR USD), 2.8%.
  • <strong>LMTAX expense ratio</strong> is 0.55%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • 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 2.5%. 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.
In the LMTAX review, we covered LMTAX 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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