14 important things you should know about Invesco VSCAX mutual fund

Updated: June 30, 2020
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Before we start: if you’re looking for VSCAX “stock” price, you can quickly find it out by visiting Finny and typing "VSCAX quote". If you’re looking for a quick scoop on VSCAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "VSCAX". You’ll get all this info in one place.

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

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

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

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

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

Fact Sheet

1. Describe AIM Sector Funds (Invesco Sector Funds): Invesco Small Cap Value Fund; Class A Shares (VSCAX).

The Fund seeks to achieve capital appreciation by investing primarily in a diversified portfolio of equity securities of small- capitalization companies.

2. What are VSCAX top holdings?

VSCAX has 63 stock holdings and 0 bond holdings.

The top 10 holdings represent 31.39% of total assets. Here are the top holdings:

Name Symbol % Assets
Energizer Holdings Inc ENR 4.12%
AECOM ACM 3.52%
Owens-Corning Inc OC 3.22%
LKQ Corp LKQ 3.12%
MGIC Investment Corp MTG 3.03%
Flex Ltd FLEX.SI 2.99%
CNO Financial Group Inc CNO 2.96%
Carpenter Technology Corp CRS 2.90%
Dana Inc DAN 2.77%
Sealed Air Corp SEE 2.76%

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

VSCAX has generated the following returns:

  • 1-month return is 4.00%;
  • 3-month return is -32.15%;
  • 1-year return is -30.06%;
  • 3-year return is -9.10%;
  • 5-year return is -4.77%;
  • 10-year return is 4.99%;
  • 15-year return is 6.25%.

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

In the last 10 years, VSCAX had 7 up years and 3 down years.

5. What is VSCAX dividend yield?

VSCAX yield is 0%.

6. What is VSCAX minimum initial investment amount?

VSCAX minimum initial investment amount is N/A.

7. What is VSCAX expense ratio?

VSCAX expense ratio is 1.12%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 0.6%;
  • 3-year ax cost ratio is 3.18%.

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

  • 3-year beta is 1.81;
  • 5-year beta is 1.72;
  • 10-year beta is 1.60;
  • 15-year beta is 1.38.

11. What is VSCAX Sharpe ratio?

  • 3-year Sharpe ratio is -0.43;
  • 5-year Sharpe ratio is -0.21;
  • 10-year Sharpe ratio is 0.24;
  • 15-year Sharpe ratio is 0.34.

Analysis

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

VSCAX Finny Score is 18. Our quantitative analysis shows 2 reasons to buy VSCAX and 9 reasons to sell it, resulting in the Finny Score of 18.

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

The following are VSCAX strengths from our perspective:

  • VSCAX 10-year return is 4.99%, which is in line with the 10-year return of the benchmark index (Russell 2000 Value TR USD), 5.27%.
  • VSCAX 15-year return is 6.25%, which is higher than the 15-year return of the benchmark index (Russell 2000 Value TR USD), 4.86%.

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

The following are VSCAX weaknesses from our perspective:

  • VSCAX net assets are $576.20 million. This fund is not a popular choice with retail investors.
  • VSCAX 3-year return is -9.1%, which is lower than the 3-year return of the benchmark index (Russell 2000 Value TR USD), -6.71%.
  • VSCAX 5-year return is -4.77%, which is lower than the 5-year return of the benchmark index (Russell 2000 Value TR USD), -0.48%.
  • 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.
  • VSCAX expense ratio is 1.12%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • VSCAX 3-year Beta is 1.81, which is higher than the index (S&P 500 TR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
  • VSCAX 5-year Beta is 1.72, which is higher than the index (S&P 500 TR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • VSCAX 10-year Beta is 1.6, which is higher than the index (S&P 500 TR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
  • VSCAX 15-year Beta is 1.38, which is higher than the index (S&P 500 TR USD) 15-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 15 years.
In the VSCAX review, we covered VSCAX 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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