Morningstar Fund Report  | 17/04/2025Print

Invesco Global Equity Income Fund (UK) (Acc)

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Invesco Global Equity Income Fund (UK) (Acc)
Fund21.5-0.820.913.0-2.0
+/-Cat3.20.013.62.6-2.8
+/-B’mrk1.1-7.616.2-0.4-2.8
 
Category: Global Equity Income
Category Benchmark: Morningstar Gbl High Div Yl...
Key Stats
NAV
16/04/2025		 GBX 277.43
Day Change -0.68%
Morningstar Category™ Global Equity Income
IA (formerly IMA) Sector Global Equity Income
ISIN GB00B3FD1X43
Fund Size (Mil)
31/03/2025		 GBP 757.89
Share Class Size (Mil)
31/03/2025		 GBP 91.87
Max Initial Charge -
Ongoing Charge
14/02/2025		  1.62%
Investment Objective: Invesco Global Equity Income Fund (UK) (Acc)
The Fund aims to achieve income and capital growth over the long term (5 years plus). The Fund invests at least 80% of its assets in shares or other equity related securities of companies globally. In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities, money-market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash.
Returns
Trailing Returns (GBP)16/04/2025
YTD-5.88
3 Years Annualised10.67
5 Years Annualised14.95
10 Years Annualised8.00
12 Month Yield 2.31
Management
Manager Name
Start Date
Stephen Anness
31/12/2019
Joe Dowling
28/02/2023
Inception Date
02/03/2009

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA Global Equity IncomeMorningstar Gbl High Div Yld NR USD
Portfolio Profile for  Invesco Global Equity Income Fund (UK) (Acc)31/12/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock94.340.0094.34
Bond0.000.000.00
Property0.000.000.00
Cash0.390.150.25
Other5.700.295.41
Top 5 Regions%
United States51.45
United Kingdom18.18
Eurozone15.65
Europe - ex Euro7.38
Asia - Developed5.23
Top 5 Sectors%
Financial Services20.28
Technology18.61
Industrials18.42
Healthcare12.32
Consumer Cyclical9.26
Top 5 HoldingsSector%
3i Group Ord5.12
Microsoft CorpTechnologyTechnology4.40
Rolls-Royce Holdings PLCIndustrialsIndustrials4.25
Texas Instruments IncTechnologyTechnology3.90
Coca-Cola Europacific Partners PLCConsumer DefensiveConsumer Defensive3.90
Increase Decrease New since last portfolio
Invesco Global Equity Income Fund (UK) (Acc)
Growth Of 1000 (GBP) 31/03/2025
Fund:  Invesco Global Equity Income Fund (UK) (Acc)
Category:  Global Equity Income
Category Index:  Morningstar Gbl High Div Yld NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-9.9519.080.4521.47-0.7720.9212.98-2.03
+/- Category-4.052.17-1.443.210.0013.642.59-2.82
+/- Category Index---1.11-7.5816.17-0.39-2.76
% Rank in Category842956245213376
Trailing Returns (GBP)16/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.68   -1.04-0.57
1 Week4.92   2.481.99
1 Month-5.31   -0.590.55
3 Months-9.04   -3.53-0.77
6 Months-5.11   -1.21-0.67
YTD-5.88   -2.44-0.43
1 Year5.59   3.033.73
3 Years Annualised10.67   5.745.60
5 Years Annualised14.95   4.913.45
10 Years Annualised8.00   0.650.36
 
Category: Global Equity Income
Category Index: Morningstar Gbl High Div Yld NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-2.03---
20244.212.273.392.53
20235.802.511.599.75
2022-3.48-5.57-1.1410.11
20215.335.071.977.63
2020-24.2817.32-0.8014.00
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighHigh5 star
5-YearHighHigh5 star
10-YearAbove AverageHigh3 star
OverallHighHigh4 star
 
Category :  Global Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.70 %
3-Yr Mean Return11.96 %
 
3-Yr Sharpe Ratio0.63
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl High Div Yld NR USD  Morningstar UK Adv Tgt Alloc NR GBP
3-Yr Beta1.031.05
3-Yr Alpha3.744.15
 
Investment Style Details31/12/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 60983-
Market Capitalisation% of Equity
Giant32.64
Large39.75
Medium23.45
Small4.17
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings18.341.19
Price/Book3.181.27
Price/Sales2.281.27
Price/Cash Flow12.541.19
Dividend-Yield Factor2.480.72
 
Long-Term Projected Earnings Growth11.751.35
Historical Earnings Growth9.602.18
Sales Growth13.373.84
Cash-Flow Growth6.784.39
Book-Value Growth8.701.82
 
Category: Global Equity Income
Asset Allocation31/12/2024
Asset Allocation
 % Long% Short% Net Assets
Stock94.340.0094.34
Bond0.000.000.00
Property0.000.000.00
Cash0.390.150.25
Other5.700.295.41
World Regions31/12/2024
 % of EquityRelative to Category
United States51.451.04
Canada2.120.75
Latin America0.000.00
United Kingdom18.181.98
Eurozone15.650.87
Europe - ex Euro7.380.94
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed5.231.03
Asia - Emerging0.000.00
 
Category: Global Equity Income
Sector Weightings31/12/2024
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.320.92
Consumer CyclicalConsumer Cyclical9.261.20
Financial ServicesFinancial Services20.280.98
Real EstateReal Estate4.713.15
Consumer DefensiveConsumer Defensive8.610.74
HealthcareHealthcare12.320.97
Communication ServicesCommunication Services2.600.45
EnergyEnergy1.880.45
IndustrialsIndustrials18.421.50
TechnologyTechnology18.611.19
 
Category: Global Equity Income
Top 10 Holdings31/12/2024
 Portfolio NEW
Total Number of Equity Holdings43
Total Number of Bond Holdings0
Assets in Top 10 Holdings38.96
NameSectorCountry% of Assets
3i Group OrdUnited Kingdom5.12
Microsoft Corp311United States4.40
Rolls-Royce Holdings PLC310United Kingdom4.25
Texas Instruments Inc311United States3.90
Coca-Cola Europacific Partners PLC205United Kingdom3.90
UnitedHealth Group Inc206United States3.82
London Stock Exchange Group PLC103United Kingdom3.61
Union Pacific Corp310United States3.45
Broadcom Inc311United States3.38
Azelis Group NV101Belgium3.13
 
Increase Decrease New since last portfolio
Category: Global Equity Income
 
Management
Name of CompanyInvesco Fund Managers Limited
Phone+44 (0) 1491 417000
Websitewww.invesco.com/uk
AddressPerpetual Park, Perpetual Park Drive, Henley-on-Thames,
 Oxfordshire   RG9 1HH,
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date02/03/2009
Fund Advisor(s)
Invesco Asset Management Ltd
Fund ManagerStephen Anness
Manager Start Date31/12/2019
Education
University of Swansea, B.S.
 
Biography
Stephen joined Invesco in July 2002 where he began his investment career. After graduating he joined Invesco Perpetual as a Trainee Analyst. Since then, Stephen’s role has developed as he gained more experience. Having come through the ranks of the UK Equities team, absorbing its methodology and approach, Stephen became a fully fledged fund manager in September 2004 managing the UK portion of a variety of Pan European mandates.
Fund ManagerJoe Dowling
Manager Start Date28/02/2023
 
Biography
Joe is a fund manager for the Henley-based Global Equities team, managing portfolios in the global founders & owners and global equity income & growth strategies. After working for Invesco over two separate internships whilst studying at Bath University, Joe returned to work as an analyst for the Henley-based Global Equities team full-time in July 2013. During his internship, he rotated through the Henley investment community’s global equity, global equity income and global smaller companies groups. Joe holds a BSc in Business Administration from the University of Bath and the Investment Management Certificate from the CFA Society of the UK.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.62%
Ongoing Charge1.62%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings20  GBP
Tax Free Savings Schemes
ISAsYes