Invesco S&P 500 Index Y

Frequently Asked Questions About SPIDX

What does SPIDX invest in?

The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks of companies included in the S&P 500® Index, and in derivatives and other instruments that have economic characteristics similar to such securities. The index measures the performance of equity securities of larger U.S. companies. The fund is non-diversified.

What is the expense ratio of SPIDX?

Invesco S&P 500 Index Y (SPIDX) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SPIDX?

Invesco S&P 500 Index Y (SPIDX) manages $3.44B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SPIDX actively managed or an index fund?

SPIDX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SPIDX's is 0.29%) because there's no security selection cost.

When was SPIDX launched?

Invesco S&P 500 Index Y (SPIDX) launched in September 1997 and is managed by Invesco.

How has SPIDX performed?

SPIDX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.