Invesco American Franchise Y (VAFIX)
Invesco American Franchise Y operates in the Asset Management industry of the Financial Services sector, headquartered in Houston, TX, US. The stock last traded at $33.61, up 0.63% on the session, giving a market capitalisation of $19.41B. Its beta of 1.31 implies it has historically moved more than the broad market.
This fund generally commits at least 80% of its total assets (including any capital from borrowing) to investments in U.S.-domiciled companies, along with derivatives and other financial instruments that share similar economic traits. The portfolio managers principally seek out securities they believe offer strong potential for growth in earnings or revenue. Up to 20% of the fund's holdings may be allocated to companies based outside the U.S. It is structured as a non-diversified investment vehicle.
Invesco American Franchise Y is most often compared with the following Financial Services names: