InvescoQuality IncomeFund (VKMGX)

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InvescoQuality IncomeFund (VKMGX) is up 0.4% since the beginning of the year. VKMGX is currently trading at $10 per share. Investors who bought $1,000 worth of VKMGX shares 5 years ago would now be looking at an investment worth $993.

InvescoQuality IncomeFund (VKMGX) has returned 0.36% so far this year and 6.44% over the past 12 months. Over the last ten years, VKMGX has returned 1.09% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since May 31, 1984, VKMGX's average daily return is +0.02%, while the average monthly return is +0.32%. At this rate, an investment would double in approximately 18.1 years.

Historically, 67% of months were positive and 33% were negative. The best month was Nov 2023 with a return of +5.2%, while the worst month was Apr 1987 at -5.3%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 9 months.

On a daily basis, VKMGX closed higher 42% of trading days. The best single day was Oct 22, 1987 with a return of +6.7%, while the worst single day was Apr 4, 1994 at -2.2%.

InvescoQuality IncomeFund has an annualized alpha of 3.68%, beta of 0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since June 01, 1984.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (12.56%) than losses (0.51%) - typical of diversified or defensive assets.
• Beta of 0.02 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

VKMGX has an expense ratio of 0.85%, placing it in the medium range.

VKMGX ranks 25 for risk / return — below 25% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for InvescoQuality IncomeFund (VKMGX) and compare them to S&P 500 Index.

InvescoQuality IncomeFund provided a 3.48% dividend yield over the last twelve months, with an annual payout of $0.34 per share.

The table displays the monthly dividend distributions for InvescoQuality IncomeFund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the InvescoQuality IncomeFund. 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 InvescoQuality IncomeFund was 19.19%, occurring on Oct 19, 2023. The portfolio has not yet recovered.

The current InvescoQuality IncomeFund drawdown is 2.18%.

The chart below shows the rolling one-month volatility.