Fund Evaluator:
Invesco Dividend Income Investor (FSTUX)
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Best Performing in Large Value Over the Last Year
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Fund Details
Invesco Dividend Income Investor Overview
Invesco Dividend Income Investor (FSTUX) is an actively managed U.S. Equity Large Value fund. Invesco launched the fund in 1986.
The investment seeks current income and 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 dividend-paying equity securities and in other instruments that have economic characteristics similar to such securities. It may invest up to 25% of its net assets in foreign securities. The fund may invest in securities of issuers of all capitalization sizes and under normal market conditions, it is currently expected that it will invest a substantial percentage of its assets in large-capitalization issuers.
About Invesco Dividend Income Investor (FSTUX)
There are 4 members of the management team with an average tenure of 6.19 years: Craig Leopold (2022), Peter Santoro (2021), Christopher McMeans (2017), Caroline Le Feuvre (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 Russell 1000 Value TR USD index with a weighting of 100%. Invesco Dividend Income Investor has 73 securities in its portfolio. The top 10 holdings constitute 25.3% 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 Dividend Income Investor is part of the Equity global asset class and is within the U.S. Equity fund group. Invesco Dividend Income Investor has 3.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 92.7%. There is 3.5% 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 Dividend Income Investor has 3.8% of the portfolio in cash.
Assets Under Management
The fund has $77 million in total assets, which is below the $1 billion average for the Large Value 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.
FSTUX 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 Dividend Income Investor expense ratio is high compared to funds in the Large Value category. Invesco Dividend Income Investor has an expense ratio of 0.94%, which is 2% higher 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 Dividend Income Investor has a portfolio turnover rate of 38%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of July 2026, Invesco Dividend Income Investor returned 2.2%, which earned it a grade of D, as the Large Value category had an average return of 2.9%. 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 Dividend Income Investor has a trailing yield of 1.15%, which is below the 1.20% category average. The fund normally distributes its income monthly 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 Dividend Income Investor Grades
Year to date, the fund has returned 9.8%, 4.5 percentage points worse than the category, which translates into a grade of F. The fund has returned 17.4% over the past year (grade of F), 13.0% over the past three years (grade of F) and 10.0% per year over the past five years (grade of D) and 8.4% per year over the past 10 years (grade of F).
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FSTUX 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 |
|
| FSTUX Return (NAV) | 2.2% | 4.1% | 17.4% | 13.0% | 10.0% | 8.4% |
| FSTUX Grade | D | D | F | F | D | F |
| +/- Category | -0.6% | -2.1% | -6.4% | -2.7% | -0.8% | -2.9% |
| Large Value Avg | 2.9% | 6.2% | 23.8% | 15.7% | 10.9% | 11.3% |
| FSTUX Tax Cost Ratio | na | na | 2.8% | 2.1% | 1.9% | 1.7% |
FSTUX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FSTUX Return (NAV) | 9.8% | 15.4% | 11.4% | 7.0% | 0.6% | 19.0% | 0.6% | 18.3% | -7.4% | 9.1% | 15.7% |
| FSTUX Grade | F | C | D | F | A | F | D | F | B | F | B |
| +/- Category | -4.5% | 0.2% | -2.7% | -4.8% | 6.7% | -6.8% | -3.3% | -7.3% | 1.1% | -7.4% | 1.2% |
| Large Value Avg | 14.3% | 15.2% | 14.1% | 11.8% | -6.0% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 11.1% |
| Total Risk Index: | 0.90 - Average |
| Category Risk Index: | 0.92 - Low |
| Category Risk Grade: | A (18% Rank) |
| Beta: | 0.61 |
| R-Squared: | 52% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.2% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $3830 Mil |
| Fund Total Assets: | $ 78 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 38% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 8.9 years | |||
| Average Tenure: 6.2 years | |||
| Managers (Year): McMeans Christopher (2017), Le Feuvre Caroline (2020), Santoro Peter (2021), Leopold Craig (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 73 |
| % in Top 10 Holdings: | 25.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 3.5% |
Portfolio Allocation |
|
| Domestic Stock: | 92.7% |
| Foreign Stock: | 3.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 3.8% |
Purchase Information
| Fund Family: | Invesco |
| Phone Number: | 800-959-4246 |
| Website: | www.invesco.com |
| Status: | Closed |
| Inception Date: | June 2, 1986 |
| 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 (%): | 0.94% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | Invesco Dividend Income Investor |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 25 |
