Morningstar Fund Report  | 07/04/2025Print

Invesco UK Equity Income Fund (UK) Accumulation

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Invesco UK Equity Income Fund (UK) Accumulation
Fund15.5-3.38.15.33.0
+/-Cat-2.30.11.4-2.82.1
+/-B’mrk--0.5-4.5-2.2
 
Category: UK Equity Income
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
04/04/2025		 GBX 3174.70
Day Change -3.42%
Morningstar Category™ UK Equity Income
IA (formerly IMA) Sector UK All Companies
ISIN GB0033031260
Fund Size (Mil)
28/02/2025		 GBP 998.29
Share Class Size (Mil)
28/02/2025		 GBP 190.70
Max Initial Charge -
Ongoing Charge
14/02/2025		  1.61%
Investment Objective: Invesco UK Equity Income Fund (UK) Accumulation
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 incorporated, domiciled or carrying out the main part of their economic activity in the UK. In pursuing the Fund’s investment objective, the fund manager may consider it appropriate to also invest in other transferable securities (including private and unlisted equities and non UK companies), money-market instruments, collective investment schemes (including funds managed by the Invesco group), deposits and cash.
Returns
Trailing Returns (GBP)04/04/2025
YTD-1.09
3 Years Annualised3.73
5 Years Annualised9.87
10 Years Annualised-0.03
12 Month Yield 3.26
Management
Manager Name
Start Date
James Goldstone
15/05/2020
Ciaran Mallon
15/05/2020
Inception Date
06/04/1999

Category Benchmark
Fund BenchmarkMorningstar Benchmark
IA UK All Companies SectorMorningstar UK All Cap TME NR GBP
Portfolio Profile for  Invesco UK Equity Income Fund (UK) Accumulation31/12/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock95.330.0095.33
Bond0.000.000.00
Property0.000.000.00
Cash2.310.052.26
Other3.811.392.42
Top 5 Regions%
United Kingdom81.80
United States10.15
Eurozone5.15
Canada1.80
Europe - ex Euro1.09
Top 5 Sectors%
Financial Services21.23
Consumer Cyclical15.86
Consumer Defensive12.90
Industrials12.69
Energy11.00
Top 5 HoldingsSector%
Barclays PLCFinancial ServicesFinancial Services6.15
Next PLCConsumer CyclicalConsumer Cyclical5.80
RELX PLCIndustrialsIndustrials4.28
Tesco PLCConsumer DefensiveConsumer Defensive4.07
TotalEnergies SEEnergyEnergy3.92
Increase Decrease New since last portfolio
Invesco UK Equity Income Fund (UK) Accumulation
Growth Of 1000 (GBP) 31/03/2025
Fund:  Invesco UK Equity Income Fund (UK) Accumulation
Category:  UK Equity Income
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-11.326.07-21.5415.54-3.328.145.322.97
+/- Category-0.76-12.88-8.99-2.270.121.38-2.772.10
+/- Category Index-----0.51-4.51-2.19
% Rank in Category5998967064437534
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.42   0.411.50
1 Week-5.42   0.691.52
1 Month-5.52   0.961.89
3 Months-1.87   2.52-0.21
6 Months-3.20   1.30-1.51
YTD-1.09   2.820.08
1 Year0.28   -0.94-4.39
3 Years Annualised3.73   0.83-1.39
5 Years Annualised9.87   -0.62-1.87
10 Years Annualised-0.03   -4.19-5.34
 
Category: UK Equity Income
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20252.97---
20243.72-0.805.24-2.74
20230.620.121.795.45
2022-2.77-6.74-3.6710.67
20213.013.795.012.91
2020-35.5611.05-3.5513.67
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-YearAverageBelow Average3 star
10-YearLowAbove Average1 star
OverallBelow AverageAverage2 star
 
Category :  UK Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.16 %
3-Yr Mean Return6.00 %
 
3-Yr Sharpe Ratio0.15
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta1.031.05
3-Yr Alpha-2.19-1.92
 
Investment Style Details31/12/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 16483-
Market Capitalisation% of Equity
Giant20.23
Large43.16
Medium25.39
Small7.13
Micro4.09
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings10.740.93
Price/Book1.580.98
Price/Sales0.851.09
Price/Cash Flow6.680.91
Dividend-Yield Factor3.780.86
 
Long-Term Projected Earnings Growth10.451.16
Historical Earnings Growth9.06-1.88
Sales Growth8.851.74
Cash-Flow Growth13.7417.12
Book-Value Growth2.221.18
 
Category: UK Equity Income
Asset Allocation31/12/2024
Asset Allocation
 % Long% Short% Net Assets
Stock95.330.0095.33
Bond0.000.000.00
Property0.000.000.00
Cash2.310.052.26
Other3.811.392.42
World Regions31/12/2024
 % of EquityRelative to Category
United States10.153.96
Canada1.8016.06
Latin America0.000.00
United Kingdom81.800.89
Eurozone5.151.49
Europe - ex Euro1.090.84
Europe - Emerging0.00-
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: UK Equity Income
Sector Weightings31/12/2024
 % of EquityRelative to Category
Basic MaterialsBasic Materials9.241.53
Consumer CyclicalConsumer Cyclical15.861.62
Financial ServicesFinancial Services21.230.85
Real EstateReal Estate1.030.30
Consumer DefensiveConsumer Defensive12.900.97
HealthcareHealthcare5.230.62
UtilitiesUtilities10.032.14
Communication ServicesCommunication Services0.780.13
EnergyEnergy11.001.51
IndustrialsIndustrials12.690.95
 
Category: UK Equity Income
Top 10 Holdings31/12/2024
 Portfolio NEW
Total Number of Equity Holdings46
Total Number of Bond Holdings0
Assets in Top 10 Holdings40.90
NameSectorCountry% of Assets
Barclays PLC103United Kingdom6.15
Next PLC102United Kingdom5.80
RELX PLC310United Kingdom4.28
Tesco PLC205United Kingdom4.07
TotalEnergies SE309France3.92
Lloyds Banking Group PLC103United Kingdom3.73
Shell PLC309United Kingdom3.37
CRH PLC101United States3.30
BP PLC309United Kingdom3.19
Compass Group PLC102United Kingdom3.08
 
Increase Decrease New since last portfolio
Category: UK 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 Date06/04/1999
Fund Advisor(s)
Invesco Asset Management Ltd
Fund ManagerJames Goldstone
Manager Start Date15/05/2020
Fund ManagerCiaran Mallon
Manager Start Date15/05/2020
 
Biography
Ciaran has worked in equity markets since 1994. After completing his Chemistry degree at Oxford University he joined HSBC Private Clients where he worked as an Investment Analyst. He joined United Friendly Asset Management (UFAM) in 1999 where he worked as a Fund Manager. UFAM was acquired by Royal London Asset Management (RLAM) in 2000. Ciaran left RLAM in 2004 and joined Invesco Perpetual in January 2005.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.61%
Ongoing Charge1.61%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings20  GBP
Tax Free Savings Schemes
ISAsYes