Invesco Equally-Weighted S&P 500 Fund
VADDX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Houston, TX 77046 Houston TX United States of America 77046
- IPO Date
- Jul 28, 1997
- CIK
- 0001112996
- Website
- invesco.com
- Similar Companies
- Business
- Invesco Equally-Weighted S&P 500 Fund (VADDX) is an open-end mutual fund that seeks total return through growth of capital and current income by investing, under normal circumstances, all or substantially all of its assets in common stocks included in the S&P 500 Equal Weight Index, derivatives and other instruments that have economic characteristics similar to such securities; the fund tracks the index, which equally weights the 500 large U.S. companies comprising the S&P 500 Index rather than by market capitalization, and rebalances quarterly to maintain equal weighting across all holdings, providing exposure to approximately 503-504 securities with a natural tilt toward small- and mid-cap stocks and value-oriented companies within the large blend category. Share classes include Class A (VADAX, net expense ratio 0.53%), Class Y (VADDX, net expense ratio 0.28%), and Class R6 (VADFX, net expense ratio 0.18%), with total net assets of approximately $6.86 billion as of September 2025; distributions occur yearly, and the fund is available to U.S. investors with minimum initial investments starting at $1,000 for Class Y shares. Launched on July 28, 1997, and managed by Invesco Advisers, Inc., headquartered in Atlanta, Georgia, the fund operates primarily in the U.S. equity market, targeting institutional and retail investors seeking diversified large-cap exposure with reduced concentration risk compared to cap-weighted benchmarks like the S&P 500 Index. In recent years, the fund has maintained its core index-tracking strategy with no major product launches, acquisitions, or strategic shifts specific to VADDX, though parent company Invesco Ltd. pursued broader expansions including strategic acquisitions in alternative asset management targeting 25% alternative assets under management by 2025 and stakes in sectors like insurance and industrials via Form 8-3 filings; additionally, Invesco addressed a past index rebalancing error in another fund by repaying $105 million to affected investors, underscoring commitment to operational integrity across its offerings. As of late 2025, top holdings include Warner Bros. Discovery Inc. (0.30-0.37%), Intel Corp. (0.27-0.32%), and Applied Materials Inc. (0.25-0.30%), with sector allocations led by industrials (15.6%), financials (14.8%), and information technology (14.0%).