Invesco Equity and Income Fund Class A ACEIX

Morningstar Medalist Rating
  • NAV / 1-Day Return $11.62  /  −0.17 %
  • Fund Size $12.8B
  • Adjusted Expense Ratio 0.760%
  • Net Expense Ratio 0.750%
  • Fee Level: Distribution Low
  • Share Class Type Front Load
  • Morningstar Category Moderate Allocation
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Investment Status Open
  • TTM Yield 1.64%
  • Turnover Ratio 136%

Morningstar’s Analysis ACEIX

Will ACEIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

Manager Departure on Invesco Growth and Income and Invesco Equity and Income; Ratings Unchanged.

null Todd Trubey

Todd Trubey

Analyst Note

On Sept. 30, 2026, Invesco announced that portfolio manager Brian Jurkash is retiring from Invesco effective immediately. Jurkash has been co-lead manager of the Large Cap Relative Value strategy, which is the foundation for Invesco Growth and Income and Invesco Equity and Income, since 2018. His co-lead for the last eight years, Matthew Titus, will continue as a manager of the fund. Will Guthrie remains a portfolio manager on both funds, while Chuck Burge will continue to serve as the fixed-income manager on the Equity and Income version. Sergio Marchelli is also being removed from the portfolio manager list; he remains as a senior client portfolio manager for the funds. The team in place shows enough stability to retain its Average People rating; the fund’s process remains the same. These moves are part of sweeping changes that include multiple departures across the firm’s fundamental equities platform to streamline responsibilities. Invesco previously announced that on or around Dec. 18, 2026, Invesco Growth and Income will change its name Invesco Value Income. This is intended to better reflect the team’s value style of investing and will put the Fund Names Rule (Rule 35-1 under the 1940 Act) into effect, meaning that 80% of assets must go to value stocks.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ACEIX

  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Amazon.com Inc

2.54 333M
Consumer Cyclical

Microsoft Corp

2.50 328M
Technology

United States Treasury Notes 4.375%

2.38 313M
Government

United States Treasury Notes 4.125%

2.32 304M
Government

Wells Fargo & Co

2.10 276M
Financial Services

Invesco Shrt-Trm Inv Treasury Instl

2.08 273M
Cash and Equivalents

Alphabet Inc Class A

2.01 264M
Communication Services

Philip Morris International Inc

1.82 238M
Consumer Defensive

Bank of America Corp

1.72 226M
Financial Services

NVIDIA Corp

1.53 200M
Technology

Sponsor Center