Invesco Diversified Dividend Investor (LCEIX) a Zacks Rank #1 (Strong Buy) invests primarily in dividend-paying equity securities. LCEIX invests in securities that the portfolio managers believe are undervalued based on various valuation measures. LCEIX may invest up to 25% of its net assets in securities of foreign issuers.
This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Value, Intermediate Bond and Large Growth. Further, as of the last filing, GENERAL MILLS INC, AT&T (NYSE:T) INC and COCA-COLA CO were the top holdings for LCEIX.
The Invesco Diversified Dividend Investor fund, managed by Large Blend, carries an expense ratio of 0.74%. Moreover, LCEIX requires a minimal initial investment of $1,000.
LCEIX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 7.08%, 3 year 10.61% and 5 year 13.25%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
LCEIX’s performance, as of the last filing, when compared to funds in its category was in the top 9% in 1 year, top 9% over the past 3 years, and in the 6% over the past 5 years.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
View All Zacks #1 Ranked Mutual Funds
Get Your Free (LCEIX): Fund Analysis Report
Original post
Zacks Investment Research