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ODVIX Oppenheimer Developing Markets I

  • Fund
  • ODVIX
  • Price as of: Nov 17, 2017
  • $42.54
  • + $0.22
  • + 0.52%
  • Category
  • Emerging Markets Equities

ODVIX - Profile

Vitals

  • YTD Return 33.1%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 5.7%
  • Net Assets $38.3 B
  • Holdings in Top 10 37.6%

52 WEEK LOW AND HIGH

$42.54
$31.31
$42.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.88%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2013-04-12

STANDARD (TAXABLE)

$1,000,000

IRA

$0

Investment Themes

CATEGORY

Emerging Markets Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Emerging Mkts

Distributions

  • YTD Total Return 33.1%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.87%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Oppenheimer Developing Markets Fund
  • Fund Family Name OppenheimerFunds
  • Inception Date Dec 29, 2011
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Justin M. Leverenz

Fund Description

The fund mainly invests in common stocks of issuers in developing and emerging markets throughout the world and at times it may invest up to 100% of its total assets in foreign securities. Under normal market conditions, it will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities of issuers whose principal activities are in a developing market, i.e. are in a developing market or are economically tied to a developing market country. The fund will invest in at least three developing markets.

ODVIX - Performance

Return Ranking - Trailing

Period ODVIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 33.1% -29.2% 47.4% 38.16% 2
1 Yr 25.2% -38.0% 57.7% 26.60% 2
3 Yr 3.9% * -13.2% 11.0% 60.29% 4
5 Yr 5.7% * -11.8% 15.2% 30.29% 2
10 Yr 3.6% * -4.0% 7.6% 5.43% 1

* Annualized


Return Ranking - Calendar

Period ODVIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.6% -32.2% 248.4% 45.48% 3
2015 -14.5% -47.4% 3.8% 47.71% 3
2014 -6.7% -40.7% 42.6% 62.27% 4
2013 7.7% -30.3% 32.4% 14.04% 1
2012 20.4% -23.9% 37.9% 15.60% 1

Total Return Ranking - Trailing

Period ODVIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 33.1% -11.8% 47.4% 38.55% 2
1 Yr 25.2% -25.4% 55.8% 21.64% 2
3 Yr 3.9% * -11.1% 11.0% 55.95% 3
5 Yr 5.7% * -12.2% 15.2% 26.76% 2
10 Yr 3.6% * -4.0% 7.6% 4.26% 1

* Annualized


Total Return Ranking - Calendar

Period ODVIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 6.6% -24.1% 248.4% 47.23% 3
2015 -13.8% -24.6% 6.9% 48.17% 3
2014 -4.4% -17.4% 60.9% 66.61% 4
2013 9.3% -14.9% 60.9% 15.90% 1
2012 22.9% -36.9% 83.1% 22.74% 2

NAV & Total Return History

ODVIX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

ODVIX Category Low Category High ODVIX % Rank Quintile
Net Assets 38.3 B 272 88.9 B 0.43% 1
Number of Holdings 100 1 4766 17.54% 3
Net Assets in Top 10 14 B 0 14.1 B 0.43% 1
Weighting of Top 10 37.6% 0.0% 188.6% 7.54% 1

Top 10 Holdings

  1. Magnit PJSC 2.57%
  2. Housing Development Finance Corp Ltd 4.54%
  3. NOVATEK PJSC GDR 2.48%
  4. Taiwan Semiconductor Manufacturing Co Ltd 5.66%
  5. Tencent Holdings Ltd 6.44%
  6. Alibaba Group Holding Ltd ADR 5.46%
  7. Master China Series 1 2.99%
  8. AIA Group Ltd 2.67%
  9. Glencore PLC 2.42%
  10. Kering SA 2.38%

Asset Allocation

Weighting Category Low Category High ODVIX % Rank Quintile
Stocks
87.91% 0.00% 100.53% 32.17% 5
Other
7.53% -1.53% 31.18% 1.59% 1
Cash
3.19% -68.34% 100.00% 11.74% 2
Preferred Stocks
1.37% 0.00% 14.58% 10.00% 2
Convertible Bonds
0.00% 0.00% 11.12% 2.17% 2
Bonds
0.00% 0.00% 94.00% 8.41% 3

Stock Sector Breakdown

Weighting Category Low Category High ODVIX % Rank Quintile
Consumer Cyclical
21.50% 0.00% 31.89% 2.76% 1
Financial Services
19.59% 0.00% 45.48% 22.21% 3
Technology
16.85% 0.00% 36.22% 26.42% 4
Consumer Defense
11.28% 0.00% 39.19% 9.58% 2
Basic Materials
5.21% 0.00% 18.34% 21.92% 3
Healthcare
4.69% 0.00% 12.40% 9.58% 2
Industrials
3.89% 0.00% 27.34% 27.58% 4
Energy
2.48% 0.00% 21.50% 27.43% 4
Real Estate
2.42% 0.00% 13.84% 13.93% 3
Utilities
0.00% 0.00% 51.79% 28.30% 5
Communication Services
0.00% 0.00% 20.02% 32.51% 5

Stock Geographic Breakdown

Weighting Category Low Category High ODVIX % Rank Quintile
Non US
87.91% 0.00% 100.53% 31.16% 4
US
0.00% -3.75% 100.02% 20.00% 4

ODVIX - Expenses

Operational Fees

ODVIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.88% 0.05% 935.74% 37.50% 1
Management Fee 0.78% 0.00% 2.00% 7.10% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.55% N/A N/A

Sales Fees

ODVIX Fees (% of AUM) Category Low Category High ODVIX Rank Quintile
Front Load N/A 0.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

ODVIX Fees (% of AUM) Category Low Category High ODVIX Rank Quintile
Max Redemption Fee N/A 0.45% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ODVIX Fees (% of AUM) Category Low Category High ODVIX Rank Quintile
Turnover 33.00% 0.00% 947.00% 13.52% 2

ODVIX - Distributions

Dividend Yield Analysis

ODVIX Category Low Category High ODVIX % Rank Quintile
Dividend Yield 0.2% 0.00% 3.80% 24.57% 2

Dividend Distribution Analysis

ODVIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ODVIX Category Low Category High ODVIX % Rank Quintile
Net Income Ratio 0.87% -2.15% 6.38% 23.26% 3

Capital Gain Distribution Analysis

ODVIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

ODVIX - Managers

Justin M. Leverenz

Manager

Start Date

May 01, 2007

Tenure

10.51

Tenure Rank

2.9%

Mr. Leverenz has been Director of Emerging Markets Equities since January 2013. He has been a portfolio manager of OFI Global and OFI since May 2007, a Senior Vice President of OFI since November 2009, and was a Vice President of OFI from July 2004 to October 2009. Mr. Leverenz was the Head of Research for Goldman Sachs in Taiwan and Head of Asian Technology Research Pan-Asia from 2002 to 2004. He was an Analyst and Head of Equity Research for Barclays de Zoete Wedd from 1993 to 1995 and from 1997 to 2000, respectively. He was a Fund Manager at Martin Currie Investment Management from 1995 to 1997.


Tenure Analysis

Category Low

0.1

Category High

23.8

Category Average

5.3

Category Mode

0.7