Invesco Mutual Fund Quote

CNSFX
 Fund
  

USD 20.98  0.24  1.13%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Invesco Convertible is trading at 20.98 as of the 29th of September 2022; that is -1.13 percent down since the beginning of the trading day. The fund's open price was 21.22. Invesco Convertible has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Invesco Convertible Securities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2022 and ending today, the 29th of September 2022. Click here to learn more.
The fund invests, under normal circumstances, at least 80 percent of its net assets in convertible securities, and in derivatives and other instruments that have economic characteristics similar to such securities. Invesco Convertible is traded on NASDAQ Exchange in the United States.. More on Invesco Convertible Securities

Moving together with Invesco Convertible

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Invesco Convertible Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Invesco Convertible's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Invesco Convertible or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Invesco Convertible is unlikely to experience financial distress in the next 2 years
On 22nd of September 2022 Invesco Convertible paid $ 0.0623 per share dividend to its current shareholders
The fund holds about 5.48% of its assets under management (AUM) in cash
Thematic IdeaConvertibles (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Invesco Convertible's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Startdate1st of January 1998
Invesco Convertible Securities [CNSFX] is traded in USA and was established 29th of September 2022. The fund is listed under Convertibles category and is part of Invesco family. The entity is thematically classified as Convertibles. Invesco Convertible currently has accumulated 982.42 M in assets under management (AUM) with no minimum investment requirements, while the total return for the last 3 years was 10.72%.
Check Invesco Convertible Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Convertible Securities Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Invesco Convertible Securities Constituents

Invesco Convertible Target Price Odds Analysis

Based on a normal probability distribution, the odds of Invesco Convertible jumping above the current price in 90 days from now is over 95.57%. The Invesco Convertible Securities probability density function shows the probability of Invesco Convertible mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Invesco Convertible has a beta of 0.0727 suggesting as returns on the market go up, Invesco Convertible average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Invesco Convertible Securities will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Invesco Convertible is significantly underperforming DOW.
  Odds Below 20.98HorizonTargetOdds Above 20.98
4.34%90 days
 20.98 
95.57%
Based on a normal probability distribution, the odds of Invesco Convertible to move above the current price in 90 days from now is over 95.57 (This Invesco Convertible Securities probability density function shows the probability of Invesco Mutual Fund to fall within a particular range of prices over 90 days) .

Invesco Convertible Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Invesco Convertible market risk premium is the additional return an investor will receive from holding Invesco Convertible long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Convertible. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Invesco Convertible's alpha and beta are two of the key measurements used to evaluate Invesco Convertible's performance over the market, the standard measures of volatility play an important role as well.

Invesco Convertible Against Markets

Picking the right benchmark for Invesco Convertible mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Invesco Convertible mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Invesco Convertible is critical whether you are bullish or bearish towards Invesco Convertible Securities at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco Convertible without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in Invesco Convertible Securities?

The danger of trading Invesco Convertible Securities is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Invesco Convertible is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Invesco Convertible. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco Convertible is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Invesco Convertible information on this page should be used as a complementary analysis to other Invesco Convertible's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Invesco Convertible price analysis, check to measure Invesco Convertible's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Convertible is operating at the current time. Most of Invesco Convertible's value examination focuses on studying past and present price action to predict the probability of Invesco Convertible's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Invesco Convertible's price. Additionally, you may evaluate how the addition of Invesco Convertible to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Invesco Convertible's value and its price as these two are different measures arrived at by different means. Investors typically determine Invesco Convertible value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Convertible's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.