Invesco Diversified Dividend Fund

AIM Equity Funds (Invesco Equity Funds) · 7 share classes

Actively managed U.S. equity fund
One fund, 7 share classes:LCEAXLCEVXDDFIXDDFRXLCEIXLCEYXLCEFX
$10.60B NAV
80 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Invesco Diversified Dividend Fund is an actively managed U.S. equity fund. 6% of LCEAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 98% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

The Funds investment objective is long-term growth of capital and,

Strategy · summarised

The fund invests at least 80% of assets in dividend-paying common stocks that the portfolio managers believe are undervalued based on fundamental analysis and valuation metrics, with a target price estimated over a 2–3 year horizon; up to 25% may be in foreign securities. The managers seek companies with strong profitability, solid balance sheets, and capital allocation policies supporting sustained or rising dividends and share repurchases, and construct a diversified portfolio across market sectors aimed at total return through price appreciation, dividend income and capital preservation. Returns depend on the accuracy of the managers' valuation estimates and stock selection.

Expenses
0.47% 1.58%across 7 share classes
Share classExpense ratio
LCEAX0.83%
LCEVX1.58%
DDFIX0.54%
DDFRX1.08%
LCEIX0.75%
LCEYX0.58%
LCEFX0.47%

Portfolio turnover 56.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.05%
of net assets
Stocks95.90%
Cash & short-term4.16%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Financials18.7%
Health Care14.4%
Industrials12.9%
Information Technology10.1%
9 smaller43.9%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
6%of stock holdings in top-quartile growers
covering 98% of the fund’s equity
Earnings growth
9%of stock holdings in top-quartile growers
covering 94% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 13 new14 exited

Largest new: IBM, SLB, COF, MS, MDLZ, BDX, LLY, INTU

Largest exited: SYY, DIS, CCI, CRM, KKR, EL, TSCO, Ashtead Group PLC

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+22.48%+46.43%+55.38%9.27%-9.07%
+21.56%+43.09%+49.60%9.23%-9.24%
+22.84%+47.62%+57.58%9.28%-8.95%
+22.15%+45.26%+53.42%9.26%-9.14%
+22.61%+46.80%+56.15%9.30%-9.00%
+22.76%+47.48%+57.31%9.23%-9.00%
+22.93%+47.94%+58.17%9.27%-8.93%

These classes hold the same portfolio, so the 8.57pp spread over 5 years is the cost difference between them — roughly 1.71pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
JPMorgan Chase & Co.JPM3.82%$404.86M
Alphabet Inc.GOOGL3.42%$362.93M
Chevron Corp.CVX2.78%$294.26M
Bank of America Corp.BAC2.69%$284.96M
Invesco Treasury PortfolioTRPXX2.55%$270.69M
Johnson & JohnsonJNJ2.45%$259.93M
Linde PLCLIN2.06%$218.22M
Philip Morris International Inc.PM2.03%$215.49M
Lowe's Cos., Inc.LOW1.95%$207.11M
Honeywell International Inc.HON1.95%$206.09M
Showing 10 of 80Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 25.71% of net assets, top 25 50.56%, across 80 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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