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Invesco Macro Allocation Strategy Fund (GMSHX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US00142R5880

Issuer

Invesco

Inception Date

Sep 25, 2012

Min. Investment

$1,000

Asset Class

Multi-Asset

Expense Ratio

GMSHX has a high expense ratio of 1.16%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco Macro Allocation Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%50.00%100.00%150.00%200.00%250.00%300.00%350.00%December2025FebruaryMarchApril
7.39%
254.01%
GMSHX (Invesco Macro Allocation Strategy Fund)
Benchmark (^GSPC)

Returns By Period


GMSHX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-3.70%

1M

13.67%

6M

-5.18%

1Y

9.18%

5Y*

14.14%

10Y*

10.43%

*Annualized

Monthly Returns

The table below presents the monthly returns of GMSHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.14%-0.28%-0.00%0.00%0.85%
20242.26%1.56%1.54%-0.76%0.13%-1.14%0.77%-1.40%0.00%-0.65%-0.26%-0.10%1.89%
2023-0.80%0.54%-0.53%0.94%-0.93%-0.53%0.27%0.67%1.20%-1.05%1.33%0.44%1.51%
2022-5.39%-0.62%0.25%-1.62%0.38%-1.89%0.51%-1.40%-1.55%0.00%-1.05%-0.00%-11.83%
20210.22%0.44%-0.33%0.55%1.31%0.32%0.43%1.17%-3.58%1.09%0.86%-3.14%-0.80%
2020-2.96%-2.69%-3.13%-0.25%-0.25%0.25%3.11%2.30%-1.30%-1.32%6.79%3.40%3.52%
2019-0.99%1.77%2.39%3.61%-5.43%1.30%1.39%1.37%-1.56%0.85%-0.31%-0.09%4.07%
20181.79%-2.69%-0.42%2.24%0.21%-0.10%0.42%0.10%-1.35%-6.63%1.58%1.65%-3.49%
2017-0.33%0.76%-0.00%0.32%1.61%-2.33%1.08%0.96%0.21%2.12%0.93%-2.47%2.82%
2016-0.31%1.67%-1.64%2.50%0.71%1.82%1.88%-0.39%1.46%-0.87%0.97%1.33%9.44%
20151.77%-2.60%2.18%-2.90%-0.10%-4.49%3.76%-3.53%0.42%1.04%1.44%0.22%-3.12%
2014-0.69%-2.40%-0.51%1.03%3.05%0.49%-0.30%1.77%-3.10%0.40%2.89%0.44%2.93%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of GMSHX is 5, meaning it’s performing worse than 95% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of GMSHX is 55
Overall Rank
The Sharpe Ratio Rank of GMSHX is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of GMSHX is 33
Sortino Ratio Rank
The Omega Ratio Rank of GMSHX is 44
Omega Ratio Rank
The Calmar Ratio Rank of GMSHX is 88
Calmar Ratio Rank
The Martin Ratio Rank of GMSHX is 33
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco Macro Allocation Strategy Fund (GMSHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


There is not enough data available to calculate the Sharpe ratio for Invesco Macro Allocation Strategy Fund. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.


Rolling 12-month Sharpe Ratio0.001.002.003.00December2025FebruaryMarchApril
-0.43
-0.09
GMSHX (Invesco Macro Allocation Strategy Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco Macro Allocation Strategy Fund provided a 10.04% dividend yield over the last twelve months, with an annual payout of $0.71 per share.


0.00%5.00%10.00%15.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.4020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.71$0.65$0.12$0.00$0.52$0.00$0.70$0.03$0.42$1.31$0.25$0.37

Dividend yield

10.04%9.23%1.63%0.00%6.06%0.00%7.96%0.30%4.48%14.18%2.59%3.64%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco Macro Allocation Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.06$0.00$0.06
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.65$0.65
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.12
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.52$0.52
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.70$0.70
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.03$0.03
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42$0.42
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.31$1.31
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.25$0.25
2014$0.37$0.37

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchApril
-12.78%
-17.42%
GMSHX (Invesco Macro Allocation Strategy Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco Macro Allocation Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Macro Allocation Strategy Fund was 21.16%, occurring on Mar 19, 2020. Recovery took 370 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.16%Dec 16, 201965Mar 19, 2020370Sep 7, 2021435
-18.39%Sep 8, 2021446Jun 15, 2023
-11.92%May 21, 2013206Mar 14, 2014637Sep 22, 2016843
-10.63%Jan 25, 2018192Oct 26, 2018124Apr 29, 2019316
-5.53%May 1, 201923Jun 3, 2019136Dec 13, 2019159

Volatility

Volatility Chart

The current Invesco Macro Allocation Strategy Fund volatility is 0.88%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%December2025FebruaryMarchApril
0.88%
9.30%
GMSHX (Invesco Macro Allocation Strategy Fund)
Benchmark (^GSPC)