Invesco Growth And Income Fund Q4 2025 Commentary

Invesco US3.32K FollowersFollow5ShareSavePlay(13min)CommentsSummaryStock selection in industrials, health care and consumer discretionary drove the fund's outperformance during the quarter.We also eliminated several holdings, using the proceeds to fund investments we believe have a better risk/reward profile.Value stocks outperformed growth in the fourth quarter as the Russell 1000 Value Index returned 3.81% and the Russell 1000 Growth Index returned 1.12%.The Fed cut interest rates twice during the quarter, lowering the target range to 3.50%–3.75% in an effort to support growth.Regardless of the economic environment, we continue to focus on our fundamental analysis so we can move quickly to take advantage of new opportunities as they become available. Donny DBM/iStock via Getty Images Key takeaways 1 The fund outperformed its benchmarkStock selection in industrials, health care and consumer discretionary drove the fund's outperformance during the quarter. Conversely, selection in communication services, information technology ('IT') and consumer staples detracted from relative return.This article was written byInvesco US3.32K FollowersFollowInvesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.Be the first to know! Sign up for Invesco US Blog and get expert investment views as they post.Disclosure for all Invesco US articles: Before investing, carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. The information provided is for educational purposes only and does not constitute a recommendation of the suitability of any investment strategy for a particular investor. Invesco does not provide tax advice. The tax information contained herein is general and is not exhaustive by nature. Federal and state tax laws are complex and constantly changing. Investors should always consult their own legal or tax professional for information concerning their individual situation. The opinions expressed are those of the authors, are based on current market conditions and are subject to change without notice. These opinions may differ from those of other Invesco investment professionals. NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE All data provided by Invesco unless otherwise noted. Invesco Distributors, Inc. is the US distributor for Invesco Ltd.’s retail products and collective trust funds. Invesco Advisers, Inc. and other affiliated investment advisers mentioned provide investment advisory services and do not sell securities.

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