Invesco Balanced-Risk Retirement 2040 Fund Class AX (VRGAX)

9.13
Net Asset Value
+0.55%
1 Day
+9.47%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
5.5
Sales Expenses
1.86%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks to provide total return with a low to moderate correlation to traditional financial market indices, and as a secondary objective, capital preservation. The fund seeks to meet its investment objective by building a portfolio that includes Invesco Balanced-Risk Allocation Fund, Invesco Balanced-Risk Aggressive Allocation Fund and two affiliated money market funds, Liquid Assets Portfolio and Premier Portfolio. The fund is designed for investors who expect to need all or most of their money in the fund at retirement and for investors who plan to withdraw the value of their account in the fund gradually after retirement.

Performance

1 month+0.66% 3 years+8.02%
3 months+3.51% 5 years--
1 year+11.78% Since inception+9.99%
Data through --

Peer Comparisonvs. Target date 2036-2040

 VRGAXCategory
Performance 5-yr return--+14.37%
Expense ratio1.86%1.07%
Risk 5 year sharpe ratio1.340.99
Net assets$82.8M$1.5B
Average market cap--$33.0B
Average P/E--17.9
Portfolio turnover68%68%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyInvesco
Fund manager & tenureMark Ahnrud / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

Fixed income53.03%
Cash27.69%
International stock19.27%
U.S. stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Invesco Balanced-Risk Agrsv Allc52.57%
ALLFX Invesco Balanced-Risk Allc R646.97%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.