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ODVIX Oppenheimer Developing Markets I

  • Fund
  • ODVIX
  • Price as of: Aug 08, 2016
  • $32.85
  • + $0.23
  • + 0.71%
  • Category
  • Emerging Markets Equities

ODVIX - Profile

Vitals

  • YTD Return 9.6%
  • 3 Yr Annualized Return -1.1%
  • 5 Yr Annualized Return -0.3%
  • Net Assets $29.4 B
  • Holdings in Top 10 33.6%

52 WEEK LOW AND HIGH

$32.85
$26.40
$32.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.87%

SALES FEES

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

BROKERAGE FEES

  • Turnover 36.00%

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 9.6%
  • 3 Yr Annualized Total Return -1.1%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.95%
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 9.6% -32.2% 261.5% 62.19% 4
1 Yr -2.3% -24.4% 25.4% 60.72% 4
3 Yr -1.1% * -9.8% 21.2% 64.29% 4
5 Yr -0.3% * -11.8% 7.4% 16.38% 1
10 Yr 6.7% * -2.0% 8.0% 3.73% 1

* Annualized


Return Ranking - Calendar

Period ODVIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -14.5% -47.4% 5.5% 50.16% 3
2014 N/A -6.6% -6.6% N/A N/A
2013 N/A 7.7% 7.7% N/A N/A
2012 N/A 20.4% 20.4% N/A N/A
2011 N/A -19.6% -19.6% N/A N/A

Total Return Ranking - Trailing

Period ODVIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.6% -14.5% 261.5% 63.50% 4
1 Yr -2.3% -28.2% 21.4% 52.03% 3
3 Yr -1.1% * -10.9% 21.2% 57.92% 3
5 Yr -0.3% * -12.2% 7.4% 15.65% 1
10 Yr 6.7% * -2.0% 8.0% 3.32% 1

* Annualized


Total Return Ranking - Calendar

Period ODVIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -14.5% -47.4% 5.5% 50.00% 3
2014 N/A -6.6% -6.6% N/A N/A
2013 N/A 8.4% 8.4% N/A N/A
2012 N/A 21.1% 21.1% N/A N/A
2011 N/A -18.5% -18.5% N/A N/A

NAV & Total Return History

ODVIX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

ODVIX Category Low Category High ODVIX % Rank Quintile
Net Assets 29.4 B 272 64.2 B 0.43% 1
Number of Holdings 101 1 4232 15.22% 3
Net Assets in Top 10 9.53 B 0 9.53 B 0.14% 1
Weighting of Top 10 33.6% 0.0% 181.6% 7.54% 2

Top 10 Holdings

  1. Baidu Inc ADR 3.47%
  2. Magnit PJSC 2.93%
  3. Housing Development Finance Corp Ltd 4.54%
  4. Infosys Ltd 2.70%
  5. OAO Novatek GDR 2.36%
  6. Taiwan Semiconductor Manufacturing Co Ltd 3.58%
  7. Tencent Holdings Ltd 5.20%
  8. Alibaba Group Holding Ltd ADR 3.96%
  9. AIA Group Ltd 2.38%
  10. Master China Series 1 2.44%

Asset Allocation

Weighting Category Low Category High ODVIX % Rank Quintile
Stocks
91.86% 0.00% 100.40% 22.90% 4
Cash
4.41% -81.97% 100.00% 7.10% 2
Other
3.43% -1.37% 31.18% 4.49% 1
Preferred Stocks
0.29% 0.00% 9.90% 7.83% 2
Convertible Bonds
0.00% 0.00% 11.35% 0.87% 2
Bonds
0.00% 0.00% 98.05% 5.36% 3

Stock Sector Breakdown

Weighting Category Low Category High ODVIX % Rank Quintile
Consumer Cyclical
23.53% 0.00% 29.65% 1.60% 1
Financial Services
19.59% 0.00% 45.31% 15.43% 3
Technology
18.58% 0.00% 38.96% 15.87% 3
Consumer Defense
13.06% 0.00% 43.71% 7.71% 2
Healthcare
5.02% 0.00% 20.10% 8.44% 2
Industrials
4.04% 0.00% 28.91% 23.29% 4
Basic Materials
3.06% 0.00% 15.64% 22.27% 4
Real Estate
2.63% 0.00% 11.28% 13.10% 3
Energy
2.36% 0.00% 23.29% 23.00% 4
Communication Services
0.00% 0.00% 20.02% 26.93% 5
Utilities
0.00% 0.00% 53.57% 24.75% 5

Stock Geographic Breakdown

Weighting Category Low Category High ODVIX % Rank Quintile
Non US
90.29% 0.00% 100.52% 22.46% 4
US
1.57% -3.75% 99.89% 9.28% 2

ODVIX - Expenses

Operational Fees

ODVIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.87% 0.08% 935.74% 38.08% 1
Management Fee 0.77% 0.03% 2.00% 6.67% 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 0.50% 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 36.00% 0.00% 947.00% 13.81% 2

ODVIX - Distributions

Dividend Yield Analysis

ODVIX Category Low Category High ODVIX % Rank Quintile
Dividend Yield 0.2% 0.00% 3.56% 24.59% 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 0.95% -1.67% 5.89% 22.97% 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

9.26

Tenure Rank

2.2%

Justin Leverenz serves as portfolio manager of Oppenheimer Developing Markets Fund and related strategies. Additionally, he is Director of Emerging Markets Equities for the firm. He joined the firm in July 2004 as Senior Research Analyst supporting Oppenheimer Global Fund. Prior to joining the firm, Justin was the Director of Pan-Asian Technology Research for Goldman Sachs in Asia, where he covered technology companies throughout the region. He also served as Head of Equity Research in Taiwan for Barclays de Zoete Wedd (now Credit Suisse) and as a portfolio manager for Martin Currie Investment Managers in Scotland. Justin holds a B.A. in Chinese studies and political economy and an M.A. in international economics from the University of California, San Diego. He also holds the Chartered Financial Analyst designation, is fluent in Mandarin Chinese, and lived and worked for over 10 years in the Greater China region


John Paul Lech

Manager

Start Date

Sep 09, 2015

Tenure

0.89

Tenure Rank

10.9%

Mr. Lech has been Director of Research for the Emerging Markets Equity Team since September 2015 and a Vice President of the Sub-Adviser since June 2011. He was a Senior Research Analyst from January 2010 thru September 2015 and a Research Analyst from December 2008 to January 2010, focusing on emerging market equities. He was an Assistant Vice President of the Sub-Adviser from January 2010 to January 2011. John Paul speaks Spanish, Portuguese and French and has worked on transactions globally, notably in Latin America and the Middle East. John Paul holds both M.A. and B.A. from the Walsh School of Foreign Service at Georgetown University in Washington, DC.


Tenure Analysis

Category Low

0.0

Category High

24.8

Category Average

4.78

Category Mode

1.6