4 / 5 Stars
4 4 3 4 5
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 18 Convertibles Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 21.91 percent over the past year, 9.59 percent over the past three years, 18.36 percent over the past five years, and 7.71 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||4.6%|
|3 Years (Annualized)||9.6%|
|5 Years (Annualized)||18.4%|
|10 Years (Annualized)||7.7%|
The investment seeks total return through growth of capital and current income. The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in convertible securities, and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest in below-investment grade securities. The fund may invest up to 10% of its net assets in synthetic convertible securities and up to 25% of its net assets in exchangeable convertible securities.
Fees are Low compared to funds in the same category.
Invesco Convertible Securities Fund has an expense ratio of 0.93 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.