The Invesco Select Risk series of allocation funds recently revamped its underlying holdings, but continued instability among the supporting analysts and a straightforward process results in a Morningstar Analyst Rating of Neutral. The most expensive share classes of the Conservative and Growth funds have been downgraded to Negative under our enhanced ratings methodology, which puts a greater focus on fees.
Invesco Select Risk: Moderate Inv C OCMIX
NAV / 1-Day Return
11.30
/
0.26
%
Total Assets
2.2 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.
1.730%
Expense Ratio
1.730%
Fee Level
Average
Longest Manager Tenure
3.90
years
Category
Allocation--50% to 70% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
1.30%
Turnover
88%
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 OCMIX 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 OCMIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the OCMIX 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 OCMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This target-risk series was recently revamped but does not present a clear-cut edge.
