Fund Evaluator:
Invesco Main Street A (MSIGX)
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Best Performing in Large Blend Over the Last Year
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Fund Details
Invesco Main Street A Overview
Invesco Main Street A (MSIGX) is an actively managed U.S. Equity Large Blend fund. Invesco launched the fund in 1988.
The investment seeks capital appreciation. The fund mainly invests in common stocks of U.S. companies of different capitalization ranges. The fund advisor currently focuses on “larger capitalization” issuers. The portfolio managers use fundamental research to select securities for the fund's portfolio, which is comprised of both growth and value stocks.
About Invesco Main Street A (MSIGX)
There are 2 members of the management team with an average tenure of 17.21 years: Benjamin Ram (2009), Manind Govil (2009). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. Invesco Main Street A has 69 securities in its portfolio. The top 10 holdings constitute 46.8% 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 Main Street A is part of the Equity global asset class and is within the U.S. Equity fund group. Invesco Main Street A has 3.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 96.8%. There is 3.2% 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 Main Street A has 0.1% of the portfolio in cash.
Assets Under Management
The fund has $10 billion in total assets, which is above 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.
MSIGX 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 Main Street A expense ratio is above average compared to funds in the Large Blend category. Invesco Main Street A has an expense ratio of 0.79%, which is 3% 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 Main Street A has a portfolio turnover rate of 45%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 48% for the Large Blend category.
Recently, in the month of July 2026, Invesco Main Street A returned 0.6%, which earned it a grade of C, 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 Main Street A has a trailing yield of 0.32%, 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 Main Street A Grades
Year to date, the fund has returned 7.0%, 2.4 percentage points worse than the category, which translates into a grade of F. The fund has returned 13.4% over the past year (grade of F), 16.4% over the past three years (grade of D) and 10.2% per year over the past five years (grade of D) and 12.4% per year over the past 10 years (grade of F).
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MSIGX 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 |
|
| MSIGX Return (NAV) | 0.6% | 4.5% | 13.4% | 16.4% | 10.2% | 12.4% |
| MSIGX Grade | C | B | F | D | D | F |
| +/- Category | 0.2% | 0.4% | -4.0% | -0.9% | -0.9% | -1.2% |
| Large Blend Avg | 0.4% | 4.1% | 17.5% | 17.3% | 11.1% | 13.7% |
| MSIGX Tax Cost Ratio | na | na | 1.7% | 1.7% | 2.1% | 2.1% |
MSIGX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MSIGX Return (NAV) | 7.0% | 15.9% | 23.6% | 23.1% | -20.2% | 27.6% | 14.4% | 31.9% | -7.9% | 16.7% | 11.4% |
| MSIGX Grade | F | C | C | D | F | C | D | B | F | F | B |
| +/- Category | -2.4% | 0.1% | 1.6% | -0.6% | -2.9% | 1.1% | -3.2% | 2.1% | -2.0% | -4.6% | 1.2% |
| 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: | 13.5% |
| Total Risk Index: | 1.10 - Above Average |
| Category Risk Index: | 1.02 - Above Average |
| Category Risk Grade: | D (74% Rank) |
| Beta: | 1.02 |
| R-Squared: | 97% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.3% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $11521 Mil |
| Fund Total Assets: | $10,005 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 45% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 17.2 years | |||
| Average Tenure: 17.2 years | |||
| Managers (Year): Ram Benjamin (2009), Govil Manind (2009) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 69 |
| % in Top 10 Holdings: | 46.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 3.2% |
Portfolio Allocation |
|
| Domestic Stock: | 96.8% |
| Foreign Stock: | 3.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.1% |
Purchase Information
| Fund Family: | Invesco |
| Phone Number: | 800-959-4246 |
| Website: | www.invesco.com/us |
| Status: | Open |
| Inception Date: | February 3, 1988 |
| 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: | 0.23% |
Expenses and Fees | |
| Expense Ratio (%): | 0.79% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.81% |
| Share Class: | Invesco Main Street A |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 25 |
