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.
Invesco Growth and Income Fund Class Y ACGMX
- NAV / 1-Day Return 24.67 / +0.86 %
- Total Assets 4.2B
-
Adj. Expense Ratio
0.530%
- Expense Ratio 0.530%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Large Value
- Investment Style Large Value
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.29%
- Turnover 26%
USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0
Morningstar’s Analysis ACGMX
Will ACGMX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 27.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Amazon.com Inc | 3.79 | 166M | Consumer Cyclical |
Microsoft Corp | 3.37 | 148M | Technology |
Alphabet Inc Class A | 3.32 | 146M | Communication Services |
Wells Fargo & Co | 3.21 | 141M | Financial Services |
Philip Morris International Inc | 2.76 | 121M | Consumer Defensive |
Bank of America Corp | 2.66 | 117M | Financial Services |
Johnson Controls International PLC Registered Shares | 2.37 | 104M | Industrials |
NVIDIA Corp | 2.11 | 93M | Technology |
Citizens Financial Group Inc | 2.10 | 92M | Financial Services |
ConocoPhillips | 1.99 | 87M | Energy |