Fund Evaluator:
Invesco Charter A (CHTRX)
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Best Performing in Large Blend Over the Last Year
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Fund Details
Invesco Charter A Overview
Invesco Charter A (CHTRX) is an actively managed U.S. Equity Large Blend fund. Invesco launched the fund in 1968.
The investment seeks long-term growth of capital. The fund invests primarily in equity securities. The principal type of equity securities in which the fund invests is common stock. The fund may invest in the securities of issuers of all capitalization sizes; however, a substantial number of the issuers in which the fund invests are large-capitalization issuers. It may invest up to 25% of its net assets in foreign securities, which include foreign debt and foreign equity securities.
About Invesco Charter A (CHTRX)
There are 3 members of the management team with an average tenure of 4.82 years: Benjamin Ram (2019), Magnus Krantz (2022), Belinda Cavazos (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 1000 TR USD index with a weighting of 100%. Invesco Charter A has 69 securities in its portfolio. The top 10 holdings constitute 44.6% 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 Charter A is part of the Equity global asset class and is within the U.S. Equity fund group. Invesco Charter A has 2.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.1%. There is 2.2% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco Charter A has 1.7% of the portfolio in cash.
Assets Under Management
The fund has $3 billion in total assets, which is below the $6 billion average for the Large Blend 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.
CHTRX 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 Charter A expense ratio is high compared to funds in the Large Blend category. Invesco Charter A has an expense ratio of 1.01%, which is 24% higher than its category average, making the fund expense ratio grade a D. 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 Charter A. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of July 2026, Invesco Charter A returned 1.2%, which earned it a grade of B, as the Large Blend category had an average return of 0.4%. 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 Charter A has a trailing yield of 0.21%, which is below the 0.56% category average. The fund normally distributes its income annually 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 Charter A Grades
Year to date, the fund has returned 6.4%, 2.9 percentage points worse than the category, which translates into a grade of F. The fund has returned 13.3% over the past year (grade of F), 16.7% over the past three years (grade of D) and 10.2% per year over the past five years (grade of D) and 11.3% per year over the past 10 years (grade of F).
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CHTRX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CHTRX Return (NAV) | 1.2% | 3.6% | 13.3% | 16.7% | 10.2% | 11.3% |
| CHTRX Grade | B | D | F | D | D | F |
| +/- Category | 0.8% | -0.5% | -4.1% | -0.6% | -0.9% | -2.4% |
| Large Blend Avg | 0.4% | 4.1% | 17.5% | 17.3% | 11.1% | 13.7% |
| CHTRX Tax Cost Ratio | na | na | 1.7% | 1.7% | 2.0% | 2.1% |
CHTRX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CHTRX Return (NAV) | 6.4% | 15.9% | 25.3% | 23.0% | -20.7% | 27.4% | 13.5% | 29.0% | -9.6% | 13.3% | 10.3% |
| CHTRX Grade | F | C | B | D | F | C | F | D | F | F | C |
| +/- Category | -2.9% | 0.1% | 3.2% | -0.6% | -3.4% | 0.8% | -4.0% | -0.8% | -3.8% | -8.0% | 0.1% |
| Large Blend Avg | 9.3% | 15.8% | 22.1% | 23.7% | -17.3% | 26.5% | 17.5% | 29.8% | -5.9% | 21.3% | 10.2% |
| Risk Measures | |
| Standard Deviation: | 13.2% |
| Total Risk Index: | 1.08 - Above Average |
| Category Risk Index: | 1.00 - Average |
| Category Risk Grade: | C (57% Rank) |
| Beta: | 1.00 |
| R-Squared: | 98% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.2% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $3716 Mil |
| Fund Total Assets: | $3,512 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | na |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 7.1 years | |||
| Average Tenure: 4.8 years | |||
| Managers (Year): Ram Benjamin (2019), Krantz Magnus (2022), Cavazos Belinda (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 69 |
| % in Top 10 Holdings: | 44.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 2.2% |
Portfolio Allocation |
|
| Domestic Stock: | 96.1% |
| Foreign Stock: | 2.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.7% |
Purchase Information
| Fund Family: | Invesco |
| Phone Number: | 800-959-4246 |
| Website: | www.invesco.com/us |
| Status: | Open |
| Inception Date: | November 26, 1968 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 250 |
| True No-Load: | No |
| Front Load Maximum: | 5.50% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.01% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | Invesco Charter A |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 25 |
