Invesco Small Cap Equity's team continued to deal with turnover in 2020, but its robust process is strong enough to earn the strategy’s cheapest share classes a Morningstar Analyst Rating of Bronze. Its more expensive share classes receive Neutral ratings.
Invesco Small Cap Equity R SMERX
NAV / 1-Day Return
15.99
/
0.44
%
Total Assets
1.2 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.
1.560%
Expense Ratio
1.560%
Fee Level
Above Average
Longest Manager Tenure
15.13
years
Category
Small Blend
Investment Style
Small BlendMin. Initial Investment
1,000
Status
Open
TTM Yield
0.00%
Turnover
43%
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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 SMERX 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 SMERX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SMERX 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 SMERX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This strategy's team needs to prove itself.
