Invesco Earns Three No. 1 Spots Among the Best Mutual Funds of 2011 in TheStreet.com Ratings
HOUSTON, May 2, 2011 /PRNewswire/ -- Invesco Van Kampen American Franchise Fund, Invesco Tax-Free Intermediate Fund and Invesco Van Kampen Harbor Fund have been named the top funds in their respective peer groups in TheStreet.com's list of Best Funds 2011.
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Invesco Van Kampen American Franchise Fund (A Shares) was No. 1 among 907 in the Stock Mutual Fund Large Cap Growth category, while Invesco Tax-Free Intermediate Fund (A Shares) was the best among 491 funds in the Bond Mutual Fund Municipal National group.
Invesco also claimed the top two spots in TheStreet's Stock Mutual Fund Convertible Securities category with Invesco Van KampenHarbor Fund (Y Shares) No. 1 and Invesco Convertible Securities Fund (Y Shares) the runner-up among 73 funds in the group.
"This recognition of our fund performance speaks to the diligence of our investment professionals and underlines a strategic priority of our firm to seek performance excellence on behalf of our clients and fund shareholders," said Phil Taylor, Senior Managing Director for Invesco Ltd. and Head of Invesco's North American retail business.
About the Ratings
TheStreet is a leading financial media company and these annual ratings were compiled using a proprietary model developed by the company's TheStreet Ratings independent research. Winning and runner-up investment funds were recognized based on their performance, fees and relative risk during a performance period ending December 31, 2010. Open-end mutual funds must have had at least a 3-year history at 12/31/10 and must have been open at 12/31/10 to new assets with a minimum investment not exceeding $100,000. Different share classes of a fund were evaluated separately.
Approximately half the rating was based on performance metrics measured over a variety of periods to 12/31/10, with longer periods given greater weighting, while approximately half the rating was based on risk metrics.
Of course, any reference to a ranking, rating or an award provides no guarantee for future performance results and is not constant over time.
About Invesco
Invesco is a leading independent global investment manager, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ.
Additional information is available at www.invesco.com.
Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for its STIC Global Funds. Both are wholly owned, indirect subsidiaries of Invesco Ltd.
NOT FDIC INSURED, MAY LOSE VALUE, OFFER NO BANK GUARANTEE
Before investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund(s), investors should ask their advisers for a prospectus/summary prospectus.
SOURCE Invesco
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