14 important things you should know about Invesco TNDAX mutual fund

Updated: June 29, 2020
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Before we start: if you’re looking for TNDAX “stock” price, you can quickly find it out by visiting Finny and typing "TNDAX quote". If you’re looking for a quick scoop on TNDAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "TNDAX". You’ll get all this info in one place.

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

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

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

  1. Describe AIM Growth Series (Invesco Growth Series): Invesco Balanced-Risk Retirement 2040 Fund; Class A Shares (TNDAX).
  2. What are TNDAX holdings?
  3. What is TNDAX performance? What are TNDAX historical returns?
  4. How many up and down years did TNDAX have historically?
  5. What is TNDAX dividend yield?
  6. What is TNDAX minimum initial investment amount?
  7. What is TNDAX expense ratio?
  8. Does TNDAX have any sales loads or 12b-1 distribution expenses?
  9. What is TNDAX tax efficiency (tax-cost ratio)?
  10. What is TNDAX beta? How would you assess TNDAX risk?
  11. What is TNDAX Sharpe ratio?
  12. What is TNDAX Finny Score? TNDAX buy or sell?
  13. What are the pros of investing in TNDAX? What are TNDAX buy reasons?
  14. What are the cons of investing in TNDAX? What are TNDAX sell reasons?

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

Fact Sheet

1. Describe AIM Growth Series (Invesco Growth Series): Invesco Balanced-Risk Retirement 2040 Fund; Class A Shares (TNDAX).

The Fund seeks to provide capital appreciation and current income for investors whose target retirement date is around the year 2040. The Fund seeks to achieve this by investing in underlying funds that invest primarily in domestic equity securities.

2. What are TNDAX top holdings?

TNDAX has 0 stock holdings and 0 bond holdings.

The top 2 holdings represent 99.01% of total assets. Here are the top holdings:

Name Symbol % Assets
Invesco Balanced-Risk Allc R6 ALLFX 64.50%
Invesco Balanced-Risk Agrsv Allc N/A 34.51%

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

TNDAX has generated the following returns:

  • 1-month return is 0.73%;
  • 3-month return is -10.45%;
  • 1-year return is -3.86%;
  • 3-year return is 1.23%;
  • 5-year return is 2.26%;
  • 10-year return is 5.42%.

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

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

5. What is TNDAX dividend yield?

TNDAX yield is 6.12%.

6. What is TNDAX minimum initial investment amount?

TNDAX minimum initial investment amount is $1.00K.

7. What is TNDAX expense ratio?

TNDAX expense ratio is 1.14%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 2.35%;
  • 3-year ax cost ratio is 1.76%.

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

  • 3-year beta is 0.80;
  • 5-year beta is 0.81;
  • 10-year beta is 0.68.

11. What is TNDAX Sharpe ratio?

  • 3-year Sharpe ratio is -0.14;
  • 5-year Sharpe ratio is 0.06;
  • 10-year Sharpe ratio is 0.61.

Analysis

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

TNDAX Finny Score is 33. Our quantitative analysis shows 3 reasons to buy TNDAX and 6 reasons to sell it, resulting in the Finny Score of 33.

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

The following are TNDAX strengths from our perspective:

  • TNDAX 3-year Beta is 0.8, which is inversely correlated with the index (Morningstar Mod Tgt Risk TR USD). The could be good if you're trying to hedge your portfolio.
  • TNDAX 5-year Beta is 0.81, which is inversely correlated with the index (Morningstar Mod Tgt Risk TR USD). The could be good if you're trying to hedge your portfolio.
  • TNDAX 10-year Beta is 0.68, which is inversely correlated with the index (Morningstar Mod Tgt Risk TR USD). The could be good if you're trying to hedge your portfolio.

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

The following are TNDAX weaknesses from our perspective:

  • TNDAX net assets are $26.00 million. This fund is not a popular choice with retail investors.
  • TNDAX 3-year return is 1.23%, which is lower than the 3-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 4.46%.
  • TNDAX 5-year return is 2.26%, which is lower than the 5-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 4.53%.
  • TNDAX 10-year return is 5.42%, which is lower than the 10-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 6.65%.
  • 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.
  • TNDAX expense ratio is 1.14%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the TNDAX review, we covered TNDAX 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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