Fund Evaluator:
Invesco Energy Inv (FSTEX)
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Best Performing in Equity Energy Over the Last Year
| 68.0% | Rydex Energy Services Inv (RYVIX) |
| 37.3% | Fidelity Advisor Energy - Z (FFOHX) |
| 37.3% | Fidelity Select Energy Portfolio (FSENX) |
| 36.9% | Fidelity Advisor Energy - A (FFOBX) |
| 34.4% | Rydex Energy Inv (RYEIX) |
Fund Details
Invesco Energy Inv Overview
Invesco Energy Inv (FSTEX) is an actively managed Sector Equity Equity Energy fund. Invesco launched the fund in 1984.
The investment seeks 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 issuers engaged in energy-related industries, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in equity securities. The principal type of equity security in which the fund invests is common stock. The fund is non-diversified.
About Invesco Energy Inv (FSTEX)
There are 2 members of the management team with an average tenure of 5.96 years: Umang Khetan (2020), Kevin Holt (2020). 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 MSCI World/Energy NR USD index with a weighting of 100%. Invesco Energy Inv has 29 securities in its portfolio. The top 10 holdings constitute 61.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Invesco Energy Inv is part of the Equity global asset class and is within the Sector Equity fund group. Invesco Energy Inv has 35.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 62.3%. There is 35.9% 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 Energy Inv has 1.8% of the portfolio in cash.
Assets Under Management
The fund has $85 million in total assets, which is below the $418 million average for the Equity Energy 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.
FSTEX 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 Energy Inv expense ratio is high compared to funds in the Equity Energy category. Invesco Energy Inv has an expense ratio of 1.23%, which is 4% lower than its category average, making the fund expense ratio grade a C. 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. Invesco Energy Inv has a portfolio turnover rate of 23%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 136% for the Equity Energy category.
Recently, in the month of June 2026, Invesco Energy Inv returned -8.0%, which earned it a grade of F, as the Equity Energy category had an average return of -5.2%. 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 Energy Inv has a trailing yield of 1.89%, which is above the 1.40% 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 Energy Inv Grades
Year to date, the fund has returned 17.5%, 5.0 percentage points worse than the category, which translates into a grade of F. The fund has returned 26.6% over the past year (grade of F), 14.4% over the past three years (grade of C) and 18.9% per year over the past five years (grade of C) and 5.7% per year over the past 10 years (grade of D).
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FSTEX 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 |
|
| FSTEX Return (NAV) | -8.0% | -14.7% | 26.6% | 14.4% | 18.9% | 5.7% |
| FSTEX Grade | F | F | F | C | C | D |
| +/- Category | -2.8% | -5.3% | -8.4% | -1.2% | 1.4% | -0.7% |
| Equity Energy Avg | -5.2% | -9.4% | 34.9% | 15.6% | 17.5% | 6.4% |
| FSTEX Tax Cost Ratio | na | na | 0.9% | 1.1% | 0.9% | 0.8% |
FSTEX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FSTEX Return (NAV) | 17.5% | 12.4% | 6.1% | 0.3% | 52.9% | 56.0% | -32.2% | 4.8% | -26.8% | -8.2% | 24.6% |
| FSTEX Grade | F | C | C | D | B | A | C | F | D | F | D |
| +/- Category | -5.0% | 0.2% | 0.6% | -1.8% | 6.4% | 11.5% | -3.7% | -3.2% | 0.1% | -3.2% | -4.6% |
| Equity Energy Avg | 22.5% | 12.2% | 5.5% | 2.0% | 46.5% | 44.5% | -28.5% | 8.0% | -26.9% | -5.0% | 29.2% |
| Risk Measures | |
| Standard Deviation: | 18.3% |
| Total Risk Index: | 1.50 - High |
| Category Risk Index: | 0.95 - Average |
| Category Risk Grade: | C (47% Rank) |
| Beta: | -0.04 |
| R-Squared: | 0% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.9% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $519 Mil |
| Fund Total Assets: | $ 85 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 23% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 6.1 years | |||
| Average Tenure: 6.0 years | |||
| Managers (Year): Holt Kevin (2020), Khetan Umang (2020) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 29 |
| % in Top 10 Holdings: | 61.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 35.9% |
Portfolio Allocation |
|
| Domestic Stock: | 62.3% |
| Foreign Stock: | 35.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.8% |
Purchase Information
| Fund Family: | Invesco |
| Phone Number: | 800-959-4246 |
| Website: | www.invesco.com |
| Status: | Closed |
| Inception Date: | January 19, 1984 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 250 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.23% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.27% |
| Share Class: | Invesco Energy Inv |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 25 |
