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15 important things you should know about Invesco TNERX mutual fund

Updated: September 19, 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
  • High expense ratio
  • Sales load and/or distribution fees

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

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

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

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

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

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 TNERX top holdings?

TNERX has 0 stock holdings and 0 bond holdings.

The top 2 holdings represent 99.13% of total assets. Here are the top holdings:

Name Symbol % Assets
Invesco Balanced-Risk Agrsv Allc N/A 65.02%
Invesco Balanced-Risk Allc R6 ALLFX 34.11%

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

TNERX has generated the following returns:

  • 1-month return is 0.13%;
  • 3-month return is 7.14%;
  • 1-year return is 3.00%;
  • 3-year return is 4.04%;
  • 5-year return is 6.90%;
  • 10-year return is 6.20%.

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

In the last 10 years, TNERX had 8 up years and 2 down years. See Performances

5. What is TNERX dividend yield?

TNERX yield is 6.85%.

6. What is TNERX minimum initial investment amount?

TNERX minimum initial investment amount is N/A.

7. What is TNERX expense ratio?

TNERX expense ratio is 1.41%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses. See Expenses

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

TNERX 12b-1 distribution fee is 0.5. TNERX front-end sales load is 0. TNERX back-end sales load is 0.

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

  • 1-year ax cost ratio is 2.61%;
  • 3-year ax cost ratio is 1.82%.

See Taxes

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

  • 3-year beta is 0.92;
  • 5-year beta is 0.91;
  • 10-year beta is 0.81.

See Risks

11. What is TNERX Sharpe ratio?

  • 3-year Sharpe ratio is 0.24;
  • 5-year Sharpe ratio is 0.37;
  • 10-year Sharpe ratio is 0.66.

See Risks

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 6 reasons to sell it, resulting in the Finny Score of 0.

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

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

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

The following are TNERX weaknesses from our perspective:

  • <strong>TNERX net assets</strong> are $4.60 million. This fund is not a popular choice with retail investors.
  • <strong>TNERX 3-year return</strong> is 4.04%, which is lower than the 3-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 7.05%.
  • <strong>TNERX 5-year return</strong> is 6.9%, which is lower than the 5-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 8.27%.
  • <strong>TNERX 10-year return</strong> is 6.2%, which is lower than the 10-year return of the benchmark index (Morningstar Moderate Target Risk TR USD), 7.84%.
  • <strong>TNERX expense ratio</strong> is 1.41%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 sales fee. The maximum 12b1 fee is 0.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
In the TNERX review, we covered TNERX 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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