Invesco Global Focus Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
9.5%
1 yr return
23.4%
3 Yr Avg Return
-2.4%
5 Yr Avg Return
10.1%
Net Assets
$604 M
Holdings in Top 10
57.0%
52 WEEK LOW AND HIGH
$73.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.28%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GLVAX - Profile
Distributions
- YTD Total Return 9.5%
- 3 Yr Annualized Total Return -2.4%
- 5 Yr Annualized Total Return 10.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.03%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInvesco Global Focus Fund
-
Fund Family NameOppenheimerFunds
-
Inception DateOct 01, 2007
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRandall Dishmon
Fund Description
The Fund invests mainly in common stocks of U.S. and foreign companies. The Fund can invest without limit in foreign securities in any country, including countries with developed or emerging markets. Typically, the Fund will invest a substantial portion of its assets in issuers in a number of different foreign countries. The Fund does not limit its investments to companies in a particular capitalization range or region. Under normal market conditions, the Fund will typically hold between 35 and 55 stocks. The Fund may purchase American Depositary Shares (ADS) as part of American Depositary Receipt (ADR) issuances, which are negotiable certificates issued by a U.S. bank representing a specified number of shares in a foreign stock traded on a U.S. exchange.
In selecting investments for the Fund’s portfolio, the portfolio manager looks primarily for companies they believe are undervalued (i.e., there is a substantial difference between the current market price of the company and what the portfolio manager believes the company to be worth). A security may be undervalued because the market is not fully pricing an issuer’s current intrinsic value, the market does not properly assess the company’s assets, the market does not yet recognize its future potential, or the issuer may be temporarily out of favor. The Fund seeks to realize gains in the prices of those securities if and when other investors recognize their real or prospective worth. While the Fund primarily invests in stocks of companies the portfolio manager has determined to be “undervalued,” over time this may result in the Fund’s portfolio having exposure to stocks with the characteristics of both “value” and “growth” stocks. Growth companies are companies whose earnings and stock prices are expected to increase at a faster rate than the overall market.
GLVAX - Performance
Return Ranking - Trailing
| Period | GLVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.5% | -35.6% | 29.2% | 94.41% |
| 1 Yr | 23.4% | 17.3% | 252.4% | 11.48% |
| 3 Yr | -2.4%* | -3.5% | 34.6% | 5.35% |
| 5 Yr | 10.1%* | 0.1% | 32.7% | 6.98% |
| 10 Yr | 8.1%* | -6.9% | 18.3% | 17.07% |
* Annualized
Return Ranking - Calendar
| Period | GLVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 37.0% | -24.3% | 957.1% | 5.44% |
| 2022 | -37.9% | -38.3% | 47.1% | 61.57% |
| 2021 | -0.6% | -54.2% | 0.6% | 39.57% |
| 2020 | 49.2% | -76.0% | 54.1% | 25.18% |
| 2019 | 19.4% | -26.1% | 47.8% | 77.19% |
Total Return Ranking - Trailing
| Period | GLVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 9.5% | -35.6% | 29.2% | 94.63% |
| 1 Yr | 23.4% | 11.4% | 252.4% | 30.57% |
| 3 Yr | -2.4%* | -3.5% | 34.6% | 11.07% |
| 5 Yr | 10.1%* | 0.1% | 32.7% | 14.09% |
| 10 Yr | 8.1%* | -6.9% | 18.3% | 22.45% |
* Annualized
Total Return Ranking - Calendar
| Period | GLVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 37.0% | -24.3% | 957.1% | 5.44% |
| 2022 | -37.9% | -33.1% | 47.1% | 61.95% |
| 2021 | 3.5% | -44.4% | 1.8% | 58.82% |
| 2020 | 56.2% | -6.5% | 54.1% | 31.63% |
| 2019 | 30.5% | -14.4% | 47.8% | 88.52% |
NAV & Total Return History
GLVAX - Holdings
Concentration Analysis
| GLVAX | Category Low | Category High | GLVAX % Rank | |
|---|---|---|---|---|
| Net Assets | 604 M | 199 K | 133 B | 37.39% |
| Number of Holdings | 39 | 1 | 9075 | 74.67% |
| Net Assets in Top 10 | 315 M | -18 M | 37.6 B | 29.30% |
| Weighting of Top 10 | 56.97% | 9.1% | 100.0% | 16.36% |
Top 10 Holdings
- Meta Platforms, Inc., Class A 12.38%
- Amazon.com, Inc. 7.02%
- Alphabet Inc., Class A 6.37%
- Hermes International 5.80%
- Novo Nordisk A/S, Class B 5.17%
- Mastercard Inc., Class A 4.92%
- Uber Technologies Inc. 4.60%
- ServiceNow, Inc. 3.78%
- Thermo Fisher Scientific Inc. 3.63%
- Stryker Corp. 3.30%
Asset Allocation
| Weighting | Return Low | Return High | GLVAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.56% | 61.84% | 125.47% | 58.81% |
| Cash | 0.44% | -174.70% | 23.12% | 36.45% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 25.77% |
| Other | 0.00% | -13.98% | 19.14% | 34.36% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 17.62% |
| Bonds | 0.00% | -1.50% | 161.67% | 21.48% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GLVAX % Rank | |
|---|---|---|---|---|
| Healthcare | 27.69% | 0.00% | 35.42% | 2.86% |
| Technology | 22.50% | 0.00% | 49.87% | 9.25% |
| Consumer Cyclical | 21.43% | 0.00% | 40.94% | 25.22% |
| Communication Services | 20.95% | 0.00% | 57.66% | 2.64% |
| Financial Services | 7.44% | 0.00% | 38.42% | 85.02% |
| Utilities | 0.00% | 0.00% | 29.12% | 74.78% |
| Real Estate | 0.00% | 0.00% | 39.48% | 78.30% |
| Industrials | 0.00% | 0.00% | 44.06% | 97.36% |
| Energy | 0.00% | 0.00% | 21.15% | 71.81% |
| Consumer Defense | 0.00% | 0.00% | 73.28% | 97.47% |
| Basic Materials | 0.00% | 0.00% | 38.60% | 75.66% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GLVAX % Rank | |
|---|---|---|---|---|
| US | 74.46% | 0.13% | 103.82% | 30.51% |
| Non US | 25.10% | 0.58% | 99.46% | 65.42% |
GLVAX - Expenses
Operational Fees
| GLVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.28% | 0.01% | 44.27% | 45.15% |
| Management Fee | 0.78% | 0.00% | 1.82% | 67.72% |
| 12b-1 Fee | 0.24% | 0.00% | 1.00% | 16.41% |
| Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
| GLVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 2.50% | 5.75% | 43.20% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GLVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| GLVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 395.00% | 55.16% |
GLVAX - Distributions
Dividend Yield Analysis
| GLVAX | Category Low | Category High | GLVAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 15.65% |
Dividend Distribution Analysis
| GLVAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| GLVAX | Category Low | Category High | GLVAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -1.03% | -4.27% | 12.65% | 95.23% |
Capital Gain Distribution Analysis
| GLVAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 16, 2021 | $3.118 | OrdinaryDividend |
| Dec 04, 2013 | $0.054 | OrdinaryDividend |
| Dec 17, 2009 | $0.169 | OrdinaryDividend |
| Dec 18, 2008 | $0.417 | OrdinaryDividend |
| Dec 20, 2007 | $0.285 | OrdinaryDividend |
GLVAX - Fund Manager Analysis
Managers
Randall Dishmon
Start Date
Tenure
Tenure Rank
Oct 01, 2007
14.67
14.7%
Randall Dishmon serves as portfolio manager of the Global Select Equity strategy. His previous positions at the firm included serving as co-manager of Global Multi Cap Growth strategy and senior research analyst for Global Equity strategy. Prior to joining the firm, Randall served for two years as a management consultant with Booz Allen & Hamilton. He also served for four years as a manager with UtiliCorp United and for seven years as a vice president/division chief with KCI Technologies. Randall holds a B.S. in engineering from North Carolina State University, an M.S. in engineering from The Johns Hopkins University and an M.B.A. from the University of Michigan.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |