15 important things you should know about Invesco TNEAX mutual fund

Updated: December 29, 2020

Bull Case

5-year return above the benchmark
10-year return above the benchmark

Bear Case

Low net assets
3-year return below the benchmark
Sales load and/or distribution fees

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

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

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

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

Describe AIM Growth Series (Invesco Growth Series): Invesco Balanced-Risk Retirement 2050 Fund; Class A Shares (TNEAX).
What are TNEAX holdings?
What is TNEAX performance? What are TNEAX historical returns?
How many up and down years did TNEAX have historically?
What is TNEAX dividend yield?
What is TNEAX minimum initial investment amount?
What is TNEAX expense ratio?
Does TNEAX have any sales loads or 12b-1 distribution expenses?
What is TNEAX tax efficiency (tax-cost ratio)?
What is TNEAX beta? How would you assess TNEAX risk?
What is TNEAX Sharpe ratio?
What is TNEAX Finny Score? TNEAX buy or sell?
What are the pros of investing in TNEAX? What are TNEAX buy reasons?
What are the cons of investing in TNEAX? What are TNEAX 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 2050 Fund; Class A Shares (TNEAX).

The Fund seeks to provide capital appreciation and current income for investors whose target retirement date is around the year 2050. The Fund seeks to achieve this by investing in underlying funds that invest primarily in domestic equity securities.

2. What are TNEAX top holdings?

TNEAX has 0 stock holdings and 0 bond holdings.

The top 4 holdings represent 100.01% of total assets. Here are the top holdings:

Name	Symbol	% Assets
Invesco Balanced-Risk Agrsv Allc	N/A	64.46%
Invesco Balanced-Risk Allc R6	ALLFX	35.23%
Invesco Shrt-Trm Inv Gov&Agcy Instl	AGPXX	0.19%
Invesco Shrt-Trm Inv Treasury Instl	TRPXX	0.13%

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

TNEAX has generated the following returns:

1-month return is 3.31%;
3-month return is 12.24%;
1-year return is 10.47%;
3-year return is 6.75%;
5-year return is 9.43%;
10-year return is 7.25%.

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

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

5. What is TNEAX dividend yield?

TNEAX yield is 6.55%.

6. What is TNEAX minimum initial investment amount?

TNEAX minimum initial investment amount is $1.00K.

7. What is TNEAX expense ratio?

TNEAX expense ratio is 0.25%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

1-year ax cost ratio is 2.68%;
3-year ax cost ratio is 1.87%.

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

3-year beta is 0.99;
5-year beta is 0.97;
10-year beta is 0.88.

11. What is TNEAX Sharpe ratio?

3-year Sharpe ratio is 0.17;
5-year Sharpe ratio is 0.53;
10-year Sharpe ratio is 0.62.

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 40. Our quantitative analysis shows 2 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 40.

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

The following are TNEAX strengths from our perspective:

TNEAX 5-year return is 9.43%, which is in line with the 5-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 9.63%.
TNEAX 10-year return is 7.25%, which is in line with the 10-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 7.69%.

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

The following are TNEAX weaknesses from our perspective:

TNEAX net assets are $20.20 million. This fund is not a popular choice with retail investors.
TNEAX 3-year return is 6.75%, which is lower than the 3-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 8.23%.
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.

In the TNEAX review, we covered TNEAX 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.