Invesco Income Advantage U.S. Fund (SCAUX)
The investment seeks income and long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of U.S. issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in U.S. equity securities, including common and preferred stock, and ELNs. It may also invest in real estate investment trusts (REITs), which are trusts that sell equity and/or debt securities to investors and use the proceeds to invest in real estate or interests therein.
Fund Info
| ISIN | US00141A8181 |
|---|---|
| CUSIP | 00141A818 |
| Issuer | Invesco |
| Inception Date | Mar 30, 2006 |
| Category | Derivative Income |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
SCAUX has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco Income Advantage U.S. Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco Income Advantage U.S. Fund had a return of 7.92% year-to-date (YTD) and 19.52% in the last 12 months. Over the past 10 years, Invesco Income Advantage U.S. Fund had an annualized return of 4.83%, while the S&P 500 had an annualized return of 10.79%, indicating that Invesco Income Advantage U.S. Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.92% | 9.47% |
| 1 month | 1.43% | 1.91% |
| 6 months | 13.33% | 18.36% |
| 1 year | 19.52% | 26.61% |
| 5 years (annualized) | 6.32% | 12.90% |
| 10 years (annualized) | 4.83% | 10.79% |
Monthly Returns
The table below presents the monthly returns of SCAUX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.06% | 3.50% | 2.54% | -3.09% | 7.92% | ||||||||
| 2023 | 4.19% | -1.97% | 2.54% | 1.64% | -0.06% | 4.06% | 2.30% | -0.43% | -3.47% | -1.21% | 5.97% | 2.92% | 17.29% |
| 2022 | -3.90% | -2.60% | 2.96% | -6.45% | 0.12% | -5.81% | 5.92% | -3.27% | -7.83% | 7.08% | 4.26% | -3.44% | -13.43% |
| 2021 | 2.01% | 0.47% | 6.88% | 2.11% | 1.63% | 0.51% | 1.26% | 2.33% | -3.40% | 4.14% | -0.91% | 3.73% | 22.41% |
| 2020 | -1.46% | -8.32% | -14.49% | 9.12% | 3.91% | 1.06% | 3.01% | 3.23% | -3.90% | -3.98% | 8.18% | 2.96% | -3.24% |
| 2019 | 7.96% | 1.96% | -1.00% | 1.39% | -7.23% | 5.83% | -0.37% | -2.07% | 2.21% | 1.13% | 2.51% | 0.10% | 12.26% |
| 2018 | 3.91% | -4.96% | -0.23% | 1.72% | 3.20% | 0.21% | 2.50% | 1.93% | -1.03% | -7.76% | 1.18% | -9.33% | -9.31% |
| 2017 | 2.31% | 3.63% | 0.32% | 0.57% | -0.85% | 1.85% | 3.11% | -0.82% | 1.50% | -0.27% | 2.84% | 0.75% | 15.85% |
| 2016 | -3.54% | 2.44% | 7.36% | -0.41% | -0.82% | 3.56% | 2.91% | -2.92% | 0.15% | -3.13% | 2.81% | 1.34% | 9.59% |
| 2015 | -0.09% | 0.38% | -0.68% | -1.05% | 0.58% | -4.36% | -0.10% | -4.95% | -1.64% | 5.13% | -1.04% | -1.39% | -9.17% |
| 2014 | -3.28% | 4.16% | 2.36% | 2.83% | 0.62% | 2.59% | -2.25% | 4.17% | -4.30% | 2.51% | 1.40% | -0.64% | 10.17% |
| 2013 | 4.75% | 0.77% | 4.38% | 1.68% | 2.89% | -1.00% | 5.58% | -4.13% | 1.19% | 5.48% | 1.80% | 1.48% | 27.37% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SCAUX is 90, placing it in the top 10% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
SCAUX (Invesco Income Advantage U.S. Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco Income Advantage U.S. Fund (SCAUX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco Income Advantage U.S. Fund granted a 6.35% dividend yield in the last twelve months. The annual payout for that period amounted to $0.67 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.66 | $0.61 | $1.45 | $0.16 | $0.15 | $0.31 | $0.25 | $0.27 | $0.31 | $1.15 | $0.31 |
Dividend yield | 6.35% | 6.59% | 6.66% | 12.79% | 1.57% | 1.39% | 3.17% | 2.25% | 2.69% | 3.32% | 10.83% | 2.91% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco Income Advantage U.S. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.23 | |||||||
| 2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.66 |
| 2022 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.61 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.05 | $0.05 | $1.24 | $1.45 |
| 2020 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.16 |
| 2019 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.23 | $0.31 |
| 2017 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.25 |
| 2016 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.27 |
| 2015 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.31 |
| 2014 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.93 | $1.15 |
| 2013 | $0.07 | $0.00 | $0.00 | $0.24 | $0.31 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco Income Advantage U.S. 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 Income Advantage U.S. Fund was 54.56%, occurring on Mar 9, 2009. Recovery took 988 trading sessions.
The current Invesco Income Advantage U.S. Fund drawdown is 0.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -54.56% | Nov 1, 2007 | 339 | Mar 9, 2009 | 988 | Feb 8, 2013 | 1327 |
| -37.81% | Aug 30, 2018 | 392 | Mar 23, 2020 | 259 | Apr 1, 2021 | 651 |
| -19.92% | Jan 5, 2022 | 186 | Sep 30, 2022 | 301 | Dec 13, 2023 | 487 |
| -18.57% | Feb 4, 2015 | 242 | Jan 20, 2016 | 256 | Jan 25, 2017 | 498 |
| -11.25% | Jul 16, 2007 | 23 | Aug 15, 2007 | 36 | Oct 5, 2007 | 59 |
Volatility
Volatility Chart
The current Invesco Income Advantage U.S. Fund volatility is 2.82%, 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.