Invesco Main Street Mid Cap Fund Q1 2025 Commentary
2025-05-11 07:19:00 ET
Summary
- Underperformance mainly resulted from stock selection in the information technology (IT), communication services and industrials sectors.
- Stronger stock selection in the health care and financial sectors partially offset these results.
- There was no significant change to the fund’s overall positioning during the quarter as we sought to keep most sector, factor and other macro-related exposures similar to the Russell Midcap Index.
- The S&P 500 Index returned -4.27% during the quarter. Energy led sector returns in the index.
- Defensive sectors such as health care and consumer staples also had positive returns, while consumer discretionary and IT saw double-digit losses. The Russell Midcap Index returned -3.40%.
Standardized performance (%) | as of March 31, 2025 | ||||||||
Quarter | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception | |||
Class A shares inception: 08/02/99 | NAV | -5.28 | -5.28 | 1.47 | 4.29 | 15.10 | 7.05 | 9.62 | |
Max. Load 5.5% | -10.48 | -10.48 | -4.11 | 2.34 | 13.81 | 6.44 | 9.37 | ||
Class R6 shares inception: 10/26/12 | NAV | -5.19 | -5.19 | 1.84 | 4.68 | 15.55 | 7.48 | 10.28 | |
Class Y shares inception: 08/02/99 | NAV | -5.22 | -5.22 | 1.70 | 4.54 | 15.39 | 7.31 | 9.99 | |
Russell Midcap Index ((USD)) | -3.40 | -3.40 | 2.59 | 4.62 | 16.28 | 8.82 | - | ||
Total return ranking vs. Morningstar Mid-Cap Blend category (Class A shares at NAV) | - | - | 29% (98 of 406) | 52% (164 of 382) | 71% (235 of 352) | 76% (159 of 244) | - |
Expense ratios per the current prospectus: Class A: Net: 1.06%, Total: 1.06%; Class R6: Net: 0.69%, Total: 0.69%; Class Y: Net: 0.82%, Total: 0.82%. ...
Read the full article on Seeking Alpha
For further details see:
Invesco Main Street Mid Cap Fund Q1 2025 Commentary
NASDAQ: CMSA
CMSA Trading
-0.18% G/L:
$22.03 Last:
5,243 Volume:
$22.03 Open:
