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Invesco Equally-Wtd S&P 500 R6 VADFX

Analyst rating as of
NAV / 1-Day Return
70.29  /  0.04 %
Total Assets
6.4 Bil
Adj. Expense Ratio
0.160%
Expense Ratio
0.160%
Fee Level
Low
Longest Manager Tenure
0.38 years
Category
Investment Style
Large Value
Min. Initial Investment
1,000,000
Status
Open
TTM Yield
2.00%
Turnover
26%
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Morningstar’s Analysis

Will VADFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

New Management Team for Invesco Equally-Weighted S&P 500 after Missed Rebalance

Associate Analyst

Analyst Note

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After the portfolio management team’s failure to rebalance Invesco Equally-Weighted S&P 500 on time, we downgraded the fund’s People Pillar rating to Below Average from Average. Since that mistake, Invesco has contributed $105 million to the fund to compensate investors and transferred management responsibilities of this portfolio from the quantitative strategies team to the equity index management team. The new managers’ experience and supporting infrastructure instill confidence that they will be able to efficiently track the benchmark and avoid any mistakes. We are upgrading the fund’s People rating to Above Average from Below Average, resulting in a reaffirmed Morningstar Analyst Rating of Neutral.

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