Fund Facts  

Inception Date: Apr 29, 2005
Ticker Symbol: AGREX
Morningstar Category:Global Real Estate
As of Mar 31, 2014
Fund Net Assets ($millions) $1,498

Documents for Fund or Underlying Fund(s)  



The investment seeks total return through growth of capital and current income.

Principal Investment Strategies  

The fund normally invests at least 80% of net assets (plus any borrowings for investment purposes) in securities of real estate and real estate-related issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in real estate investment trusts (REITs) and equity securities (including common and preferred stock, and convertible securities) of domestic and foreign issuers. The fund normally invests in securities of issuers located in at least three different countries, including the U.S.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.


Performance & Expenses

Standard Performance As of Sep 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Invesco Global Real Estate Aa1.73%8.37%11.95%6.46%11.45%3.00%6.02%
MSCI World Index (Net)a,b4.87%5.55%11.36%5.85%11.63%4.47%N/A
Morningstar Global Real Estatea,c1.84%8.16%11.66%6.23%11.47%2.45%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total Expensesa1.43%


a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2016 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The MSCI World Index (Net) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance around the world. The net version of this index reinvests dividends after the deduction of withholding taxes, using a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.

c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.


Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Sep 15, 2016Sep 15, 2016$0.048900000
Jun 16, 2016Jun 16, 2016$0.049300000
Mar 17, 2016Mar 17, 2016$0.039000000
Dec 11, 2015Dec 11, 2015$0.112500000
Sep 17, 2015Sep 17, 2015$0.039000000
Jun 18, 2015Jun 18, 2015$0.039000000
Mar 19, 2015Mar 19, 2015$0.037700000
Dec 30, 2014Dec 30, 2014$0.165400000
Dec 12, 2014Dec 12, 2014$0.039000000
Sep 18, 2014Sep 18, 2014$0.038800000
Jun 19, 2014Jun 19, 2014$0.038700000
Mar 20, 2014Mar 20, 2014$0.055700000
Sep 19, 2013Sep 19, 2013$0.065900000
Jun 20, 2013Jun 20, 2013$0.056400000
Mar 21, 2013Mar 21, 2013$0.024600000
Dec 7, 2012Dec 7, 2012$0.308400000
Sep 20, 2012Sep 20, 2012$0.054900000
Jun 14, 2012Jun 14, 2012$0.055300000

Morningstar Information

Morningstar RatingTM   As of Mar 31, 2014
Period Stars Category Size
Overall 2 Stars208
3-Year 2 Stars208
5-Year 2 Stars163
10-Year N/A N/A

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Allocation of Assets As of Dec 31, 2013
Type of Asset Percent
Fixed Income0%

Due to rounding, percentages shown may not add up to 100%.



Allocation of Assets As of Dec 31, 2013
Asset ClassPercent
Domestic Stock45.2%
Foreign Stock52.5%
Domestic Bond0.0%
Foreign Bond0.0%

Due to rounding, percentages shown may not add up to 100%.

Top Ten Holdings As of Dec 31, 2013
Holding NamePercent
Simon Property Group Inc5.4%
Mitsui Fudosan Co., Ltd.4.5%
Mitsubishi Estate3.3%
AvalonBay Communities Inc3.2%
Prologis Inc3.0%
Health Care REIT, Inc.2.7%
Unibail-Rodamco SE2.6%
Sumitomo Realty & Development Co., Ltd.2.4%
SL Green Realty Corporation2.4%
Boston Properties Inc2.4%


Portfolio Statistics As of Mar 31, 2014
Standard Deviation16.6818.56

Trading Restrictions

Purchase, Sale, and Transfer Restrictions


The fund company imposes trading restrictions for this investment. If you transfer $5,000 or more out of this investment, you will have limited opportunities to transfer back into this investment for 30 days. Your transfers in will be limited to under $5,000 for a 30-day period following a transfer out of $5,000 or more. Full details are provided in the fund's prospectus.




Please read the fund's prospectus carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing, or visiting

The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.