Morningstar® Investment Profile™   Morningstar®
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Invesco VI Global Real Estate I
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2022-05-31
Out of 188
Global Real Estate Funds
Morningstar®
Style Box™
What is this?
As of 2022-04-30
Total Fund Assets ($ Mil)
121.44
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks total return through growth of capital and current income.
The fund invests at least 80% of its net assets 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 of domestic and foreign issuers. The fund will provide exposure to investments that are economically tied to at least three different countries, including the U.S. It may invest up to 20% of its net assets in securities of issuers located in emerging market countries.
  Morningstar Category: Global Real Estate
Global real estate portfolios invest primarily in non-U.S. real estate securities but may also invest in U.S. real estate securities. Securities that these portfolios purchase include: debt securities, equity securities, convertible securities, and securities issued by real estate investment trusts and REIT-like entities. Portfolios in this category also invest in real estate operating companies. 
  Investment Risks
Foreign Securities Funds/Emerging Market Funds: Risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 62.4
Bullet Non-U.S. Stocks Non-U.S. Stocks 35.4
Bullet Bonds Bonds 0.0
Bullet Cash Cash 1.3
Bullet Other Other 1.0
Asset Allocation Rescaled Graph
Data through 2022-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 98.01
Basic Materials 0.00
Consumer Cyclical 1.17
Financial Services 0.00
Real Estate 96.84
Sensitive 1.99
Communication Services 1.43
Energy 0.00
Industrials 0.00
Technology 0.56
Defensive 0.00
Consumer Defensive 0.00
Healthcare 0.00
Utilities 0.00
Data through 2022-04-30
Morningstar World Regions
% Fund
Americas 65.8
North America 65.8
Latin America 0.0
Greater Europe 11.1
United Kingdom 2.6
Europe Developed 8.5
Europe Emerging 0.0
Africa/Middle East 0.0
Greater Asia 23.1
Japan 9.2
Australasia 4.5
Asia Developed 9.4
Asia Emerging 0.0
Data through 2022-04-30
Holding Status
Total Number of Stock Holdings 87
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 39.71
Turnover % (as of 2021-12-31) 95.00
30 Day SEC Yield % ---
Top Holdings
Sector Country % of Net
Assets
Prologis Inc United States 7.81
AvalonBay Communities Inc United States 4.40
Invitation Homes Inc United States 4.13
UDR Inc United States 3.96
SBA Communications Corp United States 3.51
Welltower OP LLC United States 3.50
VICI Properties Inc Ordinary Shares United States 3.48
Equinix Inc United States 3.25
Kimco Realty Corp United States 2.89
Rexford Industrial Realty Inc United States 2.78
Data through 2022-04-30
  Principal Risks   
Short Sale, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Country or Region, Active Management, High Portfolio Turnover, Market/Market Volatility, Convertible Securities, Equity Securities, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Preferred Stocks, Derivatives, Fixed-Income Securities, Socially Conscious, Small Cap, Mid-Cap, Real Estate/REIT Sector
Show Risk Definitions
  Other Information
Inception Date: 1998-03-31
Portfolio Manager(s)
James Cowen   (2008-12-31)
Mr. Cowen is a Portfolio Manager with the Invesco Real Estate Global Securities Team. He has 18 years of experience in real estate and has worked for Invesco for 15 years. Prior to joining the team in 2004, he worked in a real estate corporate finance role for Invesco in Europe and as an analyst for a management consulting business based in London. He has a Bachelor and Masters Degree from the University of Manchester and a M.Phil degree from Cambridge University. He is a member of the UK Society of Investment Professionals, UK Securities & Investment Institute and is a UK FSA approved person.
Ping-Ying Wang   (2006-05-01)
Ms. Wang is an Invesco Senior Director and a Portfolio Manager on the Real Estate Securities Investment Team.Ms. Wang evaluates global real estate companies with a particular focus on Asian and North American countries while managing and performing portfolio risk analysis. In addition to these duties, Ms. Wang formulates investment strategies, spearheads thematic research projects and serves on the Real Estate Securities Management Executive Committee. She holds the Chartered Financial Analyst designation.
Charles (Chip) McKinley   (2022-01-06)
Chip McKinley, Senior Vice President, is a portfolio manager for global real estate securities portfolios. Prior to joining Cohen & Steers in 2007, Mr. McKinley was a portfolio manager and REIT analyst at Franklin Templeton Real Estate Advisors. Previously, he was with Fidelity Investments. Mr. McKinley holds a BA from Southern Methodist University and an MBA from Cornell University. He is based in New York.
Darin Turner   (2010-04-30)
Darin Turner is a portfolio manager and member of the Real Estate Securities Portfolio Management and Research Team with Invesco Real Estate. His current duties involve evaluating structured real estate securities with a focus on fi xed-income instruments such as commercial mortgage-backed securities, corporate debt and corporate preferred stock. Mr. Turner also provides tenant and credit quality analysis, capital structure analysis and debt pricing analysis for equity portfolios. Mr. Turner joined Invesco in 2005 as an acquisitions analyst.
Grant Jackson   (2018-04-30)
Grant Jackson is a senior director and portfolio manager with Invesco Real Estate’s Global Securities team. Mr. Jackson began his investment career in 2002 and joined Invesco in 2005. Prior to joining Invesco, he worked for PricewaterhouseCoopers Consulting where he was engaged in various technical roles involving data management, database coordination, and application development. Mr. Jackson earned a BS in Mechanical Engineering from the University of Texas at Austin and a MBA from Southern Methodist University’s Cox School of Business. Mr. Jackson is a CFA® charterholder.
Mark D. Blackburn   (2003-07-01)
Mr. Blackburn is an Invesco Managing Director and a member of the Real Estate Securities Portfolio Management and Research Teams. His current duties include work as Director of Securities Research and a Portfolio Manager. Prior to joining Invesco in 1998, he worked as an Associate Director of Research focusing on equity securities research and recommendations with a regional brokerage firm. He is a member of the National Association of Real Estate Investment Trusts (NAREIT).
Investment Advisor(s)
Invesco Advisers, Inc.
Issuer
Invesco
Subadvisor(s)
Invesco Asset Management Ltd
Show Data Definitions

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