Fund Evaluator:

Invesco Select Risk: Conservative Inv Y Overview

Invesco Select Risk: Conservative Inv Y (OYCIX) is an actively managed Allocation Global Conservative Allocation fund. Invesco launched the fund in 2005.

The investment seeks total return. The fund generally invests between 15% and 30% of its assets in equity funds. Such funds invest in equity securities of domestic and foreign companies, including small, medium and large market capitalization companies, and growth and value stocks. It is non-diversified.

About Invesco Select Risk: Conservative Inv Y (OYCIX)

There are 2 members of the management team with an average tenure of 5.80 years: Jeffrey Bennett (2018), Scott Hixon (2023). Management tenure is more important for actively managed funds than passive index funds.

The fund has 3 primary benchmarks: Bloomberg Global Aggregate TR Hdg USD index with a weighting of 100%, Bloomberg Global Aggregate TR Hdg USD index with a weighting of 80% and MSCI ACWI NR USD index with a weighting of 20%. Invesco Select Risk: Conservative Inv Y has 26 securities in its portfolio. The top 10 holdings constitute 88.6% 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 Select Risk: Conservative Inv Y is part of the Allocation global asset class and is within the Allocation fund group. Invesco Select Risk: Conservative Inv Y has 13.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 18.1%. There is 13.0% allocated to foreign stock, and 0.9% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 70.2% (69.9% domestic bond, 0.3% foreign bond and 0.6% convertible bond). Invesco Select Risk: Conservative Inv Y has -5.7% of the portfolio in cash.

Assets Under Management

The fund has $4 million in total assets, which is below the $276 million average for the Global Conservative Allocation 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.

OYCIX 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 Select Risk: Conservative Inv Y expense ratio is above average compared to funds in the Global Conservative Allocation category. Invesco Select Risk: Conservative Inv Y has an expense ratio of 0.62%, which is 39% lower than its category average, making the fund expense ratio grade a B. 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 Select Risk: Conservative Inv Y has a portfolio turnover rate of 21%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 56% for the Global Conservative Allocation category.

Recently, in the month of June 2026, Invesco Select Risk: Conservative Inv Y returned 0.3%, which earned it a grade of B, as the Global Conservative Allocation category had an average return of -0.0%. 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 Select Risk: Conservative Inv Y has a trailing yield of 3.69%, which is above the 3.43% 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 Select Risk: Conservative Inv Y Grades

Year to date, the fund has returned 4.3%, 0.5 percentage points better than the category, which translates into a grade of B. The fund has returned 9.1% over the past year (grade of B), 7.5% over the past three years (grade of C) and 2.0% per year over the past five years (grade of F) and 4.0% per year over the past 10 years (grade of D).

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