| ||
|
Series
I shares |
Series
II shares |
Maximum
Sales Charge (Load) Imposed on Purchases
(as
a percentage of offering price) |
|
|
| ||
Maximum
Deferred Sales Charge (Load) (as a
percentage
of original purchase price or redemption
proceeds,
whichever is less) |
|
|
|
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the
value
of your investment) | ||
|
Series
I shares |
Series
II shares |
Management
Fees |
% |
% |
| ||
Distribution
and/or Service (12b-1) Fees |
|
|
| ||
Other
Expenses |
|
|
| ||
Total
Annual Fund Operating Expenses |
|
|
|
|
1
Year |
3
Years |
5
Years |
10
Years |
Series
I shares |
$ |
$ |
$ |
$ |
| ||||
Series
II shares |
$ |
$ |
$ |
$ |
|
Series
I |
Period
Ended |
Returns |
|
|
|
|
|
- |
|
Inception
Date |
1
Year |
5
Years |
10
Years |
Series
I |
|
% |
% |
% |
| ||||
Series
II |
|
|
|
|
| ||||
Russell
Midcap®
Growth Index |
|
|
|
|
| ||||
S&P
500®
Index (reflects no deduction for fees,
expenses
or taxes)1
|
|
|
|
|
|
Portfolio
Managers |
Title |
Length
of Service on the Fund |
Ronald
J. Zibelli, Jr., CFA |
Portfolio
Manager (lead) |
2019
(predecessor fund 2008) |
| ||
Justin
Livengood, CFA |
Portfolio
Manager |
2019
(predecessor fund 2014) |
|
|
Net
asset
value,
beginning
of
period |
Net
investment
income
(loss)(a)
|
Net
gains
(losses)
on
securities
(both
realized
and
unrealized) |
Total
from
investment
operations |
Dividends
from
net
investment
income |
Distributions
from
net
realized
gains |
Total
distributions |
Net
asset
value,
end
of
period |
Total
return(b)
|
Net
assets,
end
of period
(000's
omitted) |
Ratio
of
expenses
to
average
net
assets
with
fee waivers
and/or expenses
absorbed |
Ratio
of
expenses
to
average net
assets
without
fee
waivers
and/or expenses
absorbed(c) |
Ratio
of net
investment
income
(loss)
to
average
net
assets |
Portfolio
turnover
(d)
|
Series
I | ||||||||||||||
Year
ended 12/31/23 |
$55.51 |
$(0.07
) |
$7.37 |
$7.30 |
$— |
$— |
$— |
$62.81 |
13.15
% |
$697,742 |
0.87
% |
0.87
% |
(0.12
)% |
129
% |
Year
ended 12/31/22 |
114.63 |
(0.10
) |
(35.03
) |
(35.13
) |
— |
(23.99
) |
(23.99
) |
55.51 |
(30.98
) |
673,217 |
0.84 |
0.86 |
(0.12
) |
97 |
Year
ended 12/31/21 |
106.94 |
(0.62
) |
21.29 |
20.67 |
— |
(12.98
) |
(12.98
) |
114.63 |
19.09 |
1,043,224 |
0.80 |
0.83 |
(0.54
) |
77 |
Year
ended 12/31/20 |
83.82 |
(0.32
) |
30.78 |
30.46 |
(0.04
) |
(7.30
) |
(7.34
) |
106.94 |
40.70 |
963,414 |
0.80 |
0.86 |
(0.37
) |
87 |
Year
ended 12/31/19 |
68.65 |
0.04
(e) |
26.04 |
26.08 |
— |
(10.91
) |
(10.91
) |
83.82 |
39.37 |
693,424 |
0.80 |
0.87 |
0.05
(e) |
76 |
| ||||||||||||||
Series
II | ||||||||||||||
Year
ended 12/31/23 |
47.85 |
(0.19
) |
6.35 |
6.16 |
— |
— |
— |
54.01 |
12.88 |
145,409 |
1.12 |
1.12 |
(0.37
) |
129 |
Year
ended 12/31/22 |
103.76 |
(0.27
) |
(31.65
) |
(31.92
) |
— |
(23.99
) |
(23.99
) |
47.85 |
(31.14
) |
131,031 |
1.09 |
1.11 |
(0.37
) |
97 |
Year
ended 12/31/21 |
98.05 |
(0.83
) |
19.52 |
18.69 |
— |
(12.98
) |
(12.98
) |
103.76 |
18.79 |
208,990 |
1.05 |
1.08 |
(0.79
) |
77 |
Year
ended 12/31/20 |
77.70 |
(0.50
) |
28.15 |
27.65 |
— |
(7.30
) |
(7.30
) |
98.05 |
40.24 |
196,217 |
1.05 |
1.11 |
(0.62
) |
87 |
Year
ended 12/31/19 |
64.41 |
(0.14
)(e) |
24.34 |
24.20 |
— |
(10.91
) |
(10.91
) |
77.70 |
39.01 |
51,312 |
1.05 |
1.12 |
(0.19
)(e) |
76 |
|
(a) |
Calculated
using average shares outstanding. |
(b) |
Includes
adjustments in accordance with accounting principles generally accepted in
the United States of America and as such, the net asset value for
financial reporting purposes and the returns
based
upon those net asset values may differ from the net asset value and
returns for shareholder transactions. Total returns are not annualized for
periods less than one year, if applicable, and do
not
reflect charges assessed in connection with a variable product, which if
included would reduce total returns. |
(c) |
Does
not include indirect expenses from affiliated fund fees and expenses of
0.00% for the year ended December 31, 2019. |
(d) |
Portfolio
turnover is calculated at the fund level and is not annualized for periods
less than one year, if applicable. For the year ended December 31, 2020,
the portfolio turnover calculation
excludes
the value of securities purchased of $123,217,891 in the effort to realign
the Fund’s portfolio holdings after the reorganization of Invesco V.I. Mid
Cap Growth Fund into the Fund. |
(e) |
Net
investment income (loss) per share and the ratio of net investment income
(loss) to average net assets includes significant dividends received
during the year ended December 31, 2019. Net
investment
income (loss) per share and the ratio of net investment income (loss) to
average net assets excluding the significant dividends are $(0.13) and
(0.16)% for Series I Shares and $(0.30)
and
(0.40)% for Series II Shares. |
Series
I |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Annual
Expense Ratio1 |
0.87% |
0.87% |
0.87% |
0.87% |
0.87% |
0.87% |
0.87% |
0.87% |
0.87% |
0.87% |
Cumulative
Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.14% |
62.90% |
Cumulative
Return After Expenses |
4.13% |
8.43% |
12.91% |
17.57% |
22.43% |
27.49% |
32.76% |
38.24% |
43.95% |
49.90% |
End
of Year Balance |
$10,413.00 |
$10,843.06 |
$11,290.88 |
$11,757.19 |
$12,242.76 |
$12,748.39 |
$13,274.90 |
$13,823.15 |
$14,394.05 |
$14,988.52 |
Estimated
Annual Expenses |
$88.80 |
$92.46 |
$96.28 |
$100.26 |
$104.40 |
$108.71 |
$113.20 |
$117.88 |
$122.74 |
$127.81 |
| ||||||||||
Series
II |
Year
1 |
Year
2 |
Year
3 |
Year
4 |
Year
5 |
Year
6 |
Year
7 |
Year
8 |
Year
9 |
Year
10 |
Annual
Expense Ratio1 |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
1.12% |
Cumulative
Return Before Expenses |
5.00% |
10.25% |
15.76% |
21.55% |
27.63% |
34.01% |
40.71% |
47.75% |
55.14% |
62.90% |
Cumulative
Return After Expenses |
3.88% |
7.91% |
12.10% |
16.45% |
20.97% |
25.66% |
30.54% |
35.60% |
40.86% |
46.33% |
End
of Year Balance |
$10,388.00 |
$10,791.05 |
$11,209.74 |
$11,644.68 |
$12,096.49 |
$12,565.83 |
$13,053.38 |
$13,559.85 |
$14,085.97 |
$14,632.51 |
Estimated
Annual Expenses |
$114.17 |
$118.60 |
$123.20 |
$127.98 |
$132.95 |
$138.11 |
$143.47 |
$149.03 |
$154.82 |
$160.82 |
|
|
|
1 |
Your
actual expenses may be higher or lower than those
shown. |
By
Mail: |
Invesco
Distributors, Inc.
P.O.
Box 219078
Kansas
City, MO 64121-9078 |
By
Telephone: |
(800)
959-4246 |
On
the Internet: |
You
can send us a request by e-mail or
download
prospectuses, SAIs, annual or
semi-annual
reports via our website:
www.invesco.com/us |
Invesco
V.I. Discovery Mid Cap Growth Fund
SEC 1940 Act file
number: 811-07452 |
invesco.com/us |
O-VIDMCG-PRO-1 |