11 important things you should know about Invesco VADAX mutual fund
Updated: October 10, 2021
Bull case
3-year return above the benchmark
5-year return above the benchmark
10-year return above the benchmark
15-year return above the benchmark
Bear case
High expense ratio
Sales load and/or distribution fees

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

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

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

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

  1. Describe AIM Counselor Series Trust (Invesco Counselor Series Trust): Invesco Equally-Weighted S&P 500 Fund; Cl A Shs (VADAX).
  2. What are VADAX holdings?
  3. What is VADAX performance? What are VADAX historical returns?
  4. What is VADAX dividend yield?
  5. What is VADAX minimum initial investment amount?
  6. Does VADAX have any sales loads or 12b-1 distribution expenses?
  7. What is VADAX Finny Score? VADAX buy or sell?
  8. What are the pros of investing in VADAX? What are VADAX buy reasons?
  9. What are the cons of investing in VADAX? What are VADAX sell reasons?
  10. Compare and contrast: VADAX vs RSP.

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

Fact Sheet

1. Describe AIM Counselor Series Trust (Invesco Counselor Series Trust): Invesco Equally-Weighted S&P 500 Fund; Cl A Shs (VADAX).

The Fund seeks a high level of total return through a combination of capital appreciation and current income by investing in a portfolio of equally weighted common stocks of companies from the S&P 500.

2. What are VADAX top holdings?

VADAX has 505 stock holdings and 0 bond holdings.

The top 10 holdings represent 4.29% of total assets. Here are the top holdings:

Name Symbol % Assets
E-mini S&P 500 Future Dec 20 ESZ0 1.54%
Invesco Shrt-Trm Inv Treasury Instl TRPXX 0.56%
Invesco Shrt-Trm Inv Gov&Agcy Instl AGPXX 0.49%
Invesco Shrt-Trm Inv Liq Assets Instl LAPXX 0.35%
Darden Restaurants Inc DRI 0.23%
Paycom Software Inc PAYC 0.23%
Twitter Inc TWTR 0.23%
KLA Corp KLAC 0.22%
L Brands Inc LB 0.22%
Lam Research Corp LRCX 0.22%

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

VADAX has generated the following returns:

  • 1-month return is -1.20%;
  • 3-month return is 2.56%;
  • 1-year return is 2.56%;
  • 3-year return is 15.01%;
  • 5-year return is 14.74%;
  • 10-year return is 15.32%;
  • 15-year return is 10.07%.

4. What is VADAX dividend yield?

VADAX yield is 1.24%.

5. What is VADAX minimum initial investment amount?

VADAX minimum initial investment amount is $1.00K.

6. Does VADAX have any sales loads or 12b-1 distribution expenses?

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

Analysis

7. What is Finny Score? buy or sell?

Finny Score is 67. Our quantitative analysis shows 4 reasons to buy and 2 reasons to sell it, resulting in the Finny Score of 67.

8. What are the pros of investing in VADAX? What are VADAX buy reasons?

The following are VADAX strengths from our perspective:

  • VADAX 3-year return is 15.01%, which is in line with the 3-year return of the benchmark index (S&P 500 Equal Weighted TR USD), 15.58%.
  • VADAX 5-year return is 14.74%, which is in line with the 5-year return of the benchmark index (S&P 500 Equal Weighted TR USD), 15.33%.
  • VADAX 10-year return is 15.32%, which is in line with the 10-year return of the benchmark index (S&P 500 Equal Weighted TR USD), 15.95%.
  • VADAX 15-year return is 10.07%, which is in line with the 15-year return of the benchmark index (S&P 500 Equal Weighted TR USD), 10.75%.

9. What are the cons of investing in VADAX? What are VADAX negatives?

The following are VADAX weaknesses from our perspective:

  • VADAX expense ratio is 0.53%, 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 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.

Alternatives

10. Compare and contrast: VADAX vs RSP.

VADAX is a mutual fund, whereas RSP is an ETF. VADAX has a lower 5-year return than RSP (14.74% vs 15.09%). VADAX has a higher expense ratio than RSP (0.53% vs 0.2%). Below is the comparison between VADAX and RSP.

VADAX RSP
Segment U.S. Equity: Large Blend Equity: U.S. - Large Cap
Net Assets $2.86B $28.48B
Expense Ratio 0.53% 0.2%
Management Style passive (index-based) passive (index-based)
Underlying Index N/A S&P 500 Equal Weight Index
YTD Return 21.02% 21.38%
1-Year Return 2.56% 37%
3-Year Return 15.01% 15.4%
5-Year Return 14.74% 15.09%
10-Year Return 15.32% 15.58%
Dividend Yield 1.24% 1.33%

RSP profile: The Fund seeks to replicate as closely as possible, before fees and expenses, the performance of the equal-weighted S&P 500 Index. The Fund uses a passive management strategy to track the performance of the underlying index.

For further information, check out VADAX vs RSP comparison details.

In the VADAX review, we covered VADAX 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.