Invesco Diversified Dividend's longtime manager Meggan Walsh plans to retire on June 30, 2021, which lowers our conviction in the team and process. That drops the Morningstar Analyst rating of the fund's cheapest share classes to Neutral from Silver and Bronze, while the most expensive one stays at Neutral.
Invesco Diversified Dividend R5 DDFIX
NAV / 1-Day Return
20.07
/
0.99
%
Total Assets
14.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.530%
Expense Ratio
0.530%
Fee Level
Below Average
Longest Manager Tenure
7.90
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
1,000,000
Status
Open
TTM Yield
2.07%
Turnover
34%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will DDFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DDFIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DDFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of DDFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A new manager in charge.
