Invesco Summit Fund
AIM Equity Funds (Invesco Equity Funds) · 7 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Invesco Summit Fund is an actively managed U.S. equity fund. 41% of ASMMX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 92% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q1
The Funds investment objective is long-term growth of capital.
The fund invests primarily in common stock of companies across all market capitalizations, currently emphasizing larger-cap issuers, that the portfolio managers believe offer earnings or revenue growth not yet reflected in valuations. The managers conduct fundamental research including financial modeling and direct engagement with company management, suppliers, and competitors to identify securities with sustainable long-term growth prospects at attractive valuations relative to their growth outlook. The fund excludes companies whose primary business involves alcohol, tobacco, or gambling, and may allocate up to 25% of assets to foreign securities including up to 10% to emerging markets. Because the fund is non-diversified, it can concentrate a greater percentage of assets in a small group of issuers or any single issuer than a diversified fund, and performance depends on the success of those concentrated positions.
| Share class | Expense ratio |
|---|---|
| ASMMX | 0.97% |
| CSMMX | 1.72% |
| SMMIX | 0.82% |
| ASMYX | 0.72% |
| SMITX | 0.69% |
| SMMSX | 0.87% |
| C000188847 | 0.69% |
| SMMRX | 1.22% |
Portfolio turnover 58.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.74% |
| Cash & short-term | 2.20% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 43.8% |
| Communication Services | 13.1% |
| Industrials | 11.9% |
| Consumer Discretionary | 7.9% |
| 8 smaller | 23.4% |
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
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
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +30.06% | +84.83% | +41.86% | 21.12% | -16.82% | |
| +29.14% | +80.62% | +36.62% | 21.16% | -16.88% | |
| +30.25% | +85.56% | +42.88% | 21.12% | -16.79% | |
| +30.39% | +86.08% | +43.65% | 21.11% | -16.77% | |
| +30.46% | +86.29% | +43.66% | 21.15% | -16.76% | |
| +30.20% | +85.26% | +42.55% | 21.15% | -16.79% | |
| +30.42% | +86.33% | +43.86% | 21.12% | -16.77% | |
| — | — | — | — | — |
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA Corp.NVDA | 13.07% | $199.57 | $457.38M | 2.3M |
| GOOG | Alphabet Inc.GOOG | 7.39% | $381.94 | $258.60M | 677.1K |
| AMZN | Amazon.com, Inc.AMZN | 5.85% | $265.06 | $204.61M | 771.9K |
| AVGO | Broadcom Inc.AVGO | 4.86% | $417.43 | $170.00M | 407.3K |
| MSFT | Microsoft Corp.MSFT | 4.56% | $407.78 | $159.68M | 391.6K |
| AAPL | Apple Inc.AAPL | 4.48% | $271.35 | $156.72M | 577.6K |
| META | Meta Platforms, Inc.META | 3.28% | $611.91 | $114.73M | 187.5K |
| TSM | Taiwan Semiconductor Manufacturing Co. Ltd.TSM | 3.25% | $396.06 | $113.73M | 287.2K |
| VRT | Vertiv Holdings Co.VRT | 2.68% | $328.49 | $93.75M | 285.4K |
| JCI | Johnson Controls International PLCJCI | 2.46% | $146.03 | $86.24M | 590.6K |
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 51.89% of net assets, top 25 75.99%, across 60 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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