Fund Evaluator:
Invesco Global Real Estate Income R (ASREX)
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Best Performing in Global Real Estate Over the Last Year
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| 13.6% | iShares Developed Real Estate Idx Inv A (BARDX) |
Fund Details
Invesco Global Real Estate Income R Overview
Invesco Global Real Estate Income R (ASREX) is an actively managed Sector Equity Global Real Estate fund. Invesco launched the fund in 2026.
The investment seeks current income and, secondarily, capital appreciation. The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in the securities of real estate and real estate related issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. It may invest up to 30% of its net assets in below-investment grade securities (commonly known as "junk bonds") of real estate and real estate related issuers.
About Invesco Global Real Estate Income R (ASREX)
There are 4 members of the management team with an average tenure of 5.84 years: Ping-Ying Wang (2012), Chris Faems (2025), Grant Jackson (2018), Kevin Collins (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI World NR USD index with a weighting of 100% and FTSE EPRA Nareit Developed TR USD index with a weighting of 100%. Invesco Global Real Estate Income R has 93 securities in its portfolio. The top 10 holdings constitute 40.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Invesco Global Real Estate Income R is part of the Equity global asset class and is within the Sector Equity fund group. Invesco Global Real Estate Income R has 28.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 59.2%. There is 28.4% allocated to foreign stock, and 2.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 7.8% (7.8% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco Global Real Estate Income R has 2.6% of the portfolio in cash.
Assets Under Management
The fund has $7 million in total assets, which is below the $200 million average for the Global Real Estate category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ASREX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco Global Real Estate Income R expense ratio is high compared to funds in the Global Real Estate category. Invesco Global Real Estate Income R has an expense ratio of 1.51%, which is 31% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. A portfolio turnover rate cannot be currently calculated for Invesco Global Real Estate Income R. By way of comparison, the average portfolio turnover is 72% for the Global Real Estate category.
Recently, in the month of June 2026, Invesco Global Real Estate Income R returned 1.2%, which earned it a grade of C, as the Global Real Estate category had an average return of 0.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Invesco Global Real Estate Income R has a trailing yield of 0.00%, which is below the 2.90% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Invesco Global Real Estate Income R Grades
Year to date, the fund has returned 9.6%, 1.3 percentage points better than the category, which translates into a grade of C. The fund has returned 12.3% over the past year (grade of C), 7.2% over the past three years (grade of D) and 1.3% per year over the past five years (grade of C) and 3.1% per year over the past 10 years (grade of F).
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ASREX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ASREX Return (NAV) | 1.2% | 7.7% | 12.3% | 7.2% | 1.3% | 3.1% |
| ASREX Grade | C | D | C | D | C | F |
| +/- Category | 0.2% | 0.0% | 1.6% | -1.5% | 0.2% | -1.2% |
| Global Real Estate Avg | 0.9% | 7.7% | 10.7% | 8.7% | 1.1% | 4.3% |
| ASREX Tax Cost Ratio | na | na | na | na | na | na |
ASREX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ASREX Return (NAV) | 9.6% | 6.8% | -2.9% | 11.6% | -21.1% | 19.7% | -5.3% | 18.4% | -4.6% | 8.5% | 4.7% |
| ASREX Grade | C | D | F | B | A | F | D | F | B | F | B |
| +/- Category | 1.3% | -2.5% | -3.5% | 1.1% | 4.7% | -5.2% | -3.5% | -7.0% | 1.3% | -5.3% | 1.7% |
| Global Real Estate Avg | 8.3% | 9.3% | 0.6% | 10.4% | -25.8% | 24.9% | -1.8% | 25.4% | -5.9% | 13.8% | 3.0% |
| Risk Measures | |
| Standard Deviation: | 13.4% |
| Total Risk Index: | 1.10 - Above Average |
| Category Risk Index: | 0.83 - Low |
| Category Risk Grade: | A (2% Rank) |
| Beta: | 0.83 |
| R-Squared: | 61% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Blend |
| Bond Investment Style: | na |
| Yield: | -- |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $354 Mil |
| Fund Total Assets: | $ 8 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 13.5 years | |||
| Average Tenure: 5.8 years | |||
| Managers (Year): Wang Ping-Ying (2012), Jackson Grant (2018), Collins Kevin (2024), Faems Chris (2025) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 93 |
| % in Top 10 Holdings: | 40.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 28.4% |
Portfolio Allocation |
|
| Domestic Stock: | 59.2% |
| Foreign Stock: | 28.4% |
| Preferred Stock: | 2.1% |
| Domestic Bond: | 7.8% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.6% |
Purchase Information
| Fund Family: | Invesco |
| Phone Number: | 800-959-4246 |
| Website: | www.invesco.com |
| Status: | Open |
| Inception Date: | June 5, 2026 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.50% |
Expenses and Fees | |
| Expense Ratio (%): | 1.51% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.16% |
| Share Class: | Invesco Global Real Estate Income A |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 0 |
