Invesco Diversified Dividend Fund R5 Class DDFIX

Morningstar Medalist Rating
  • NAV / 1-Day Return$20.57  /  +0.39%
  • Fund Size$10.4B
  • Adjusted Expense Ratio0.540%
  • Net Expense Ratio0.540%
  • Fee Level: DistributionBelow Average
  • Share Class TypeRetirement, Large
  • Morningstar CategoryLarge Value
  • Equity Style Box (Funds)Large Value
  • Minimum Initial Investment$1M
  • Investment StatusLimited
  • TTM Yield1.35%
  • Turnover Ratio56%

Morningstar’s Analysis DDFIX

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

Comanager Departure and Addition on Invesco Diversified Dividend; Ratings Unchanged

null Stephen Welch

Stephen Welch

Analyst Note

On Sept. 30, 2026, Invesco announced that Belinda Cavazos joined the management team of Invesco Dividend Income and Invesco Diversified Dividend, effective immediately. Additionally, comanager Chris McMeans departed the firm on the same date. Lead manager Peter Santoro and comanagers Craig Leopold and Caroline Le Feuvre remain. These changes do not change the strategies’ Above Average People ratings or their Morningstar Medalist Ratings. Cavazos is well aligned to help run the strategies. She has comanaged Invesco Rising Dividends alongside Santoro since he took over that strategy in 2022. Cavazos is a member of Invesco’s US core team, while Santoro leads the US dividend team and is CIO for both teams. Bringing Cavazos on as a comanager on Dividend Income and Diversified Dividend further strengthens the ties between the two groups. Cavazos is simultaneously relinquishing her portfolio management roles on Invesco Main Street Mid Cap and Invesco Main Street All Cap, alleviating some responsibilities to help make the transition easier. These moves are part of sweeping changes, with several departures, across the firm’s fundamental equities platform to better streamline responsibilities.

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Portfolio Holdings DDFIX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings28.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

6.49657M
Technology

JPMorgan Chase & Co

3.30334M
Financial Services

Apple Inc

3.00304M
Technology

Johnson & Johnson

2.96299M
Healthcare

Chevron Corp

2.60264M
Energy

Alphabet Inc Class A

2.32235M
Communication Services

Procter & Gamble Co

2.07210M
Consumer Defensive

Philip Morris International Inc

2.00203M
Consumer Defensive

Linde PLC

1.84187M
Basic Materials

Prologis Inc

1.83186M
Real Estate

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