AIM Growth Series (Invesco Growth Series): Invesco Convertible Securities Fund; Class A Shares (CNSAX)

33.17 -1.19%
Nov 28 close; Powered by IEX
Bull case
15-year return above the benchmark
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

Bull case

  1. CNSAX 15-year return is 9.3%, which is in line with the 15-year return of the benchmark index (ICE BofA All US Convertible TR USD), 10.29%.

Bear case

  1. CNSAX net assets are $708.10 million. This fund is not a popular choice with retail investors.
  2. CNSAX 3-year return is 22.04%, which is lower than the 3-year return of the benchmark index (ICE BofA All US Convertible TR USD), 24.75%.
  3. CNSAX 5-year return is 15.94%, which is lower than the 5-year return of the benchmark index (ICE BofA All US Convertible TR USD), 18.7%.
  4. CNSAX 10-year return is 11.61%, which is lower than the 10-year return of the benchmark index (ICE BofA All US Convertible TR USD), 14.23%.
  5. CNSAX expense ratio is 0.91%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  6. 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.