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Invesco American Franchise Fund Class R (VAFRX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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18.93+0.53 (+2.88%)
At close: 08:00PM EDT
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  • D
    Douglas
    The fund didn't drop. It is an administrative step as they reallocate short-term and long-term capital gains. Shortly, you will see two sets of shares added to your holdings, representing the ST and LT Cap Gains distributions. This happened last year as well, in December.
  • D
    David
    I have had this fund for over 40 years. Gone through several changes in names and NEVER have I ever seen it drop this much in one session. Other funds with similar holdings only dropped 2.5% or less. Maybe it's time to dump this bomb!
    Bearish
  • S
    Steve
    Douglas is correct, but it is bad form on the part of the fund to have a gap of almost 2 days between the big drop in NAV and the posting of the reinvestments on each investor's own account page. Could have easily been mitigated with a brief message even if the math wasn't ready yet. I saw the drop on Thursday evening, but did not see any hint of reinvestment until today, Saturday. I would not have known what was going on if I had not called my advisor on Friday afternoon.
  • C
    Carol
    EX-DATE 12/11/20 ---Short Term $0.6743---Long Term $1.8431
  • B
    Brian Smith
    Why did this fund drop 8.52% in value today?
  • C
    Connor
    Any other insights as to why this dropped over 8% yesterday?
  • t
    timtoni
    1.50 div. December 13th last year . not sure why the 2.50 drop
  • p
    philip
    what was the name of this fund prior to 2005??? anyone know
  • D
    Douglas
    None of the major holding dropped to this extent. Wonder why the company wouldn't think to release an explanation?
  • B
    Brian Smith
    why did this fund drop 23.37% in value today????
  • t
    timtoni
    My wife has had this fund for years . I look in on it from time to time but never noticed anything like this
  • O
    OregonianinTX
    Continues to be a disaster. Why invest in a fund that has high fees and massively underperforms its benchmark?
  • R
    Resident Evil
    Will the Capital Gain amount be less or greater than $6.68 per share in December of 2022? I'm holding about 850 shares since 2005.
    Neutral
  • C
    Carol
    If anyone hasn't still seen it------- this is listed under Historical Data on this site showing a dividend on Dec 11, 2020 of $2.517 . That is why you saw the drop on 12/11 in share price.
  • J
    Joe
    In 2002 it was held by Van Kampen and called American capital pace Even then I don’t think it’s been a “great performer” but a steady stock
    BTW Amazon took a huge Hit back a month ago so this fund reflects that loss proportionate to its holdings otherwise you’d be seeing larger gain
  • O
    OregonianinTX
    Another terrible fund from Invesco. Over the past five years, the Russell 1000 Growth Index, which can be bought in a number of extremely low cost funds and ETFs, is up about 74.5% while this fund is up less than 18%. Really? There is no reason to believe that this fund, part of the disaster that is Invesco's US growth group, will be able to produce decent returns anytime soon.
  • D
    David
    UHC losses?
  • R
    Reese
    What caused Tuesdays losses ?
  • R
    Resident Evil
    Long Term Growth Style!
    Bullish
  • W
    WALT HODGSON
    I've had this fund under one name or another for almost 50 years and never seen a one-day drop like that. Holy #$%$
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