Invesco Gold & Special Minerals Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, Invesco Gold & Special Minerals Fund held 84 positions with $4.20B in net assets. Its ten largest holdings made up 53.7% of the fund. Its share classes cost 0.66%–1.81% a year. Over the 12 months to May 2026, it returned 66.3%, with dividends reinvested. In 2026 Q3 it added 16 new positions and exited 14.
The Funds investment objective is to seek capital appreciation.
The fund invests at least 80% of assets in common stocks of companies engaged in mining, processing, or dealing in gold, metals, and minerals, along with physical precious metals and related ETFs, selecting securities based on fundamental analysis of valuation, business trends, and management quality. Up to 25% of assets may be held through a wholly-owned subsidiary that invests in gold bullion, precious metals, commodity-linked derivatives, and fixed-income securities to provide commodities exposure within tax constraints. The fund concentrates without limit in the metals, mining, and minerals industries and may invest substantially in foreign and emerging-market companies. Because the fund's returns depend on the portfolio managers' stock-picking decisions and sector concentration, performance will diverge from broad market returns.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
12.52% | $525.15M | 4.7M | $111.09 | |
AEMAgnico Eagle Mines Ltd./Mines Agnico Eagle Limitee | 10.12% | $424.56M | 2.3M | $188.21 |
BBarrick Mining Corp. | 4.70% | $196.99M | 5.0M | $39.34 |
KGCKinross Gold Corp. | 4.62% | $193.99M | 6.4M | $30.24 |
FNVFranco-Nevada Corp. | 4.55% | $190.97M | 829.1K | $230.34 |
WPMWheaton Precious Metals Corp. | 4.48% | $188.10M | 1.5M | $126.46 |
GFIGold Fields Ltd. | 3.55% | $148.87M | 3.5M | $42.48 |
ZIJMFZijin Mining Group Co. Ltd. | 3.10% | $130.26M | 28.1M | $4.64 |
PAASPan American Silver Corp. | 3.06% | $128.20M | 2.5M | $52.29 |
AUAngloGold Ashanti PLC | 3.01% | $126.13M | 1.3M | $93.73 |
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.
All 84 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 95.03% |
| Cash & short-term | 3.50% |
| Bonds | 1.89% |
Look-through blends 1 underlying fund; 0.02% of NAV was not looked through and stays direct-classified.
By sector
- International
- 76.0%
- Materials
- 17.2%
- Cash
- 4.6%
- Financials
- 2.1%
How it has done
C000209135 share class · total returns with dividends reinvested
Volatility over the last 12 months: 42.51%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
Invesco Gold & Special Minerals Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.66% – 1.81%
- Portfolio turnover
- 47.00% a year · as of 2025 Q3
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
16 new· the largest 7
14 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
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