14 important things you should know about Invesco VUSCX mutual fund

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

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

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

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

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

The Fund seeks a high level of current income, with liquidity and safety of principal. The Fund invests in obligations issued or guaranteed by the U.S. Government or its agencies including, depending on market conditions, a substantial portion of its assets in mortgage-backed securities.

2. What are VUSCX top holdings?

VUSCX has 0 stock holdings and 532 bond holdings.

The top 9 holdings represent 37.23% of total assets. Here are the top holdings:

Name Symbol % Assets
Government National Mortgage Association 3% N/A 7.55%
2 Year Treasury Note Future Mar20 ZTH0 6.13%
Government National Mortgage Association 3.5% N/A 5.95%
Federal National Mortgage Association 2.5% N/A 5.61%
Federal National Mortgage Association 3% N/A 3.43%
5 Year Treasury Note Future Mar20 ZFH0 2.64%
Government National Mortgage Association 4% N/A 2.31%
Federal Home Loan Mortgage Corporation 3% N/A 1.83%
Federal Home Loan Mortgage Corporation 4.5% N/A 1.78%

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

VUSCX has generated the following returns:

  • 1-month return is 0.32%;
  • 3-month return is 0.83%;
  • 1-year return is 4.69%;
  • 3-year return is 2.19%;
  • 5-year return is 1.84%;
  • 10-year return is 2.29%;
  • 15-year return is 2.52%.

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

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

5. What is VUSCX dividend yield?

VUSCX yield is 2.97%.

6. What is VUSCX minimum initial investment amount?

VUSCX minimum initial investment amount is $1.00K.

7. What is VUSCX expense ratio?

VUSCX expense ratio is 1.7%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 1.21%;
  • 3-year ax cost ratio is 1.2%.

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

  • 3-year beta is 0.69;
  • 5-year beta is 0.68;
  • 10-year beta is 0.62;
  • 15-year beta is 0.61.

11. What is VUSCX Sharpe ratio?

  • 3-year Sharpe ratio is 0.05;
  • 5-year Sharpe ratio is 0.15;
  • 10-year Sharpe ratio is 0.77;
  • 15-year Sharpe ratio is 0.48.

Analysis

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

VUSCX Finny Score is 36. Our quantitative analysis shows 4 reasons to buy VUSCX and 7 reasons to sell it, resulting in the Finny Score of 36.

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

The following are VUSCX strengths from our perspective:

  • VUSCX 3-year Beta is 0.69, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.
  • VUSCX 5-year Beta is 0.68, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.
  • VUSCX 10-year Beta is 0.62, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.
  • VUSCX 15-year Beta is 0.61, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.

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

The following are VUSCX weaknesses from our perspective:

  • VUSCX net assets are $8.70 million. This fund is not a popular choice with retail investors.
  • VUSCX 3-year return is 2.19%, which is lower than the 3-year return of the benchmark index (Bloomberg Barclays US MBS TR USD), 4.17%.
  • VUSCX 5-year return is 1.84%, which is lower than the 5-year return of the benchmark index (Bloomberg Barclays US MBS TR USD), 3.15%.
  • VUSCX 10-year return is 2.29%, which is lower than the 10-year return of the benchmark index (Bloomberg Barclays US MBS TR USD), 3.24%.
  • VUSCX 15-year return is 2.52%, which is lower than the 15-year return of the benchmark index (Bloomberg Barclays US MBS TR USD), 4.18%.
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
  • VUSCX expense ratio is 1.7%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the VUSCX review, we covered VUSCX 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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