Invesco Capital Appreciation’s new managers are experienced, but they need to prove that their approach translates to the large-growth arena. The strategy’s cheaper share classes earn a Morningstar Analyst Rating upgrade to Bronze, while pricier ones remain Neutral.
Invesco Capital Apprec R OTCNX
NAV / 1-Day Return
70.53
/
2.75
%
Total Assets
5.4 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.
1.280%
Expense Ratio
1.280%
Fee Level
Above Average
Longest Manager Tenure
0.20
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
0
Status
Open
TTM Yield
0.00%
Turnover
31%
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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 OTCNX 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 OTCNX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the OTCNX 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 OTCNX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A proven team takes on a new domain.
