Invesco Exchange Fund (ACEHX)
The fund accepts, in exchange for fund shares, large blocks of individual securities with large unrealized appreciation. This exchange is a non-taxable event. The fund invests primarily in common stocks and convertible securities. It may not invest in other investment companies.
Share Price Chart
Loading data...
Performance
The chart shows the growth of $10,000 invested in Invesco Exchange Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $193,656 for a total return of roughly 1,836.56%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Invesco Exchange Fund had a return of -11.37% year-to-date (YTD) and -5.77% in the last 12 months. Over the past 10 years, Invesco Exchange Fund had an annualized return of 6.22%, while the S&P 500 had an annualized return of 9.71%, indicating that Invesco Exchange Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -8.22% | -5.31% |
| Year-To-Date | -11.37% | 2.01% |
| 6 months | -0.08% | 0.39% |
| 1 year | -5.77% | -10.12% |
| 5 years (annualized) | 4.03% | 7.32% |
| 10 years (annualized) | 6.22% | 9.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.06% | -7.23% | ||||||||||
| 2022 | -9.85% | 14.37% | 8.50% | -1.47% |
Dividend History
Invesco Exchange Fund granted a 3.98% dividend yield in the last twelve months. The annual payout for that period amounted to $24.10 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $24.10 | $24.10 | $14.85 | $16.85 | $29.48 | $11.11 | $12.81 | $14.02 | $81.60 | $5.36 | $6.83 | $5.00 |
Dividend yield | 3.98% | 3.53% | 2.21% | 2.93% | 5.05% | 2.33% | 2.61% | 3.15% | 21.22% | 1.33% | 1.80% | 1.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Exchange Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | ||||||||||
| 2022 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $3.50 | $0.00 | $0.00 | $16.10 |
| 2021 | $0.00 | $0.00 | $2.65 | $0.00 | $0.00 | $2.65 | $0.00 | $0.00 | $2.65 | $0.00 | $0.00 | $6.89 |
| 2020 | $0.00 | $0.00 | $3.17 | $0.00 | $0.00 | $2.60 | $0.00 | $0.00 | $2.60 | $0.00 | $0.00 | $8.49 |
| 2019 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $3.68 | $0.00 | $0.00 | $21.30 |
| 2018 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $4.36 |
| 2017 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $6.06 |
| 2016 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $2.25 | $0.00 | $0.00 | $7.27 |
| 2015 | $0.00 | $0.00 | $2.00 | $0.00 | $0.00 | $2.00 | $0.00 | $0.00 | $75.05 | $0.00 | $0.00 | $2.55 |
| 2014 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.36 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.50 |
| 2013 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $3.08 | $0.00 | $0.00 | $1.25 |
| 2012 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 | $0.00 | $0.00 | $1.25 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the Invesco Exchange Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Invesco Exchange Fund is 48.67%, recorded on Oct 9, 2002. It took 1150 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.67% | Aug 24, 2000 | 530 | Oct 9, 2002 | 1150 | May 9, 2007 | 1680 |
| -45.95% | May 21, 2008 | 128 | Nov 20, 2008 | 594 | Apr 1, 2011 | 722 |
| -34.12% | Jan 27, 2020 | 40 | Mar 23, 2020 | 205 | Jan 13, 2021 | 245 |
| -32.64% | Aug 26, 1987 | 44 | Oct 26, 1987 | 410 | May 22, 1989 | 454 |
| -21.14% | Jul 24, 2014 | 376 | Jan 20, 2016 | 120 | Jul 12, 2016 | 496 |
| -20.91% | May 2, 2011 | 108 | Oct 3, 2011 | 318 | Jan 10, 2013 | 426 |
| -19.39% | Jun 8, 2022 | 80 | Sep 30, 2022 | 42 | Nov 30, 2022 | 122 |
| -18.74% | Jul 17, 1990 | 63 | Oct 11, 1990 | 87 | Feb 11, 1991 | 150 |
| -16.7% | Oct 3, 2018 | 57 | Dec 24, 2018 | 65 | Mar 29, 2019 | 122 |
| -16.12% | Jul 17, 1998 | 32 | Aug 31, 1998 | 45 | Nov 2, 1998 | 77 |
Volatility Chart
Current Invesco Exchange Fund volatility is 17.99%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.