GMUAX: Invesco Oppenheimer Global Multi-Asset Income Fund

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

GMUAX Invesco Oppenheimer Global Multi-Asset Income Fund


Profile

GMUAX - Profile

Vitals

  • YTD Return 0.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $72.7 M
  • Holdings in Top 10 35.3%

52 WEEK LOW AND HIGH

$8.94
$8.81
$9.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.95%

SALES FEES

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

BROKERAGE FEES

  • Turnover 169.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 0.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.17%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Oppenheimer Global Multi-Asset Income Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 24, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Ahnrud

Fund Description

The fund seeks to achieve its investment objective by investing in a broad range of debt securities, equity securities and other types of investments. Under normal market conditions, it will invest either directly, indirectly (through underlying funds) or a combination of both, in securities of issuers that are economically tied to a number of different countries throughout the world. The fund can invest without limit in investment-grade and below investment-grade, high-yield debt securities (commonly referred to as junk bonds).


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

GMUAX - Mutual Fund Categories


Performance

GMUAX - Performance

Return Ranking - Trailing

Period GMUAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -9.2% 5.1% 83.11%
1 Yr N/A -13.2% 19.6% 23.50%
3 Yr N/A* -10.0% 10.3% 39.96%
5 Yr N/A* -10.8% 6.1% 26.30%
10 Yr N/A* -2.1% 7.3% N/A

* Annualized

Return Ranking - Calendar

Period GMUAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -7.3% 25.8% N/A
2018 N/A -32.7% 0.0% N/A
2017 N/A -3.7% 29.4% N/A
2016 N/A -43.7% 16.1% N/A
2015 N/A -19.5% 1.0% N/A

Total Return Ranking - Trailing

Period GMUAX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.4% -9.2% 5.1% 83.11%
1 Yr N/A -13.2% 19.6% 22.37%
3 Yr N/A* -10.0% 11.7% 70.09%
5 Yr N/A* -10.8% 7.9% 60.55%
10 Yr N/A* -2.1% 11.2% N/A

* Annualized

Total Return Ranking - Calendar

Period GMUAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -7.3% 25.8% N/A
2018 N/A -32.7% 0.0% N/A
2017 N/A -3.7% 29.4% N/A
2016 N/A -43.7% 20.7% N/A
2015 N/A -19.5% 6.2% N/A

NAV & Total Return History


Holdings

GMUAX - Holdings

Concentration Analysis

GMUAX Category Low Category High GMUAX % Rank
Net Assets 72.7 M 1.73 M 115 B 84.76%
Number of Holdings 489 52 4507 58.63%
Net Assets in Top 10 25.9 M 202 K 21.2 B 73.24%
Weighting of Top 10 35.27% 5.1% 170.2% 37.19%

Top 10 Holdings

  1. United States Treasury Bonds 4.25% 6.81%
  2. TOPIX Future Mar20 6.26%
  3. FTSE 100 Index Future Mar20 5.14%
  4. Euro Stoxx 50 Mar20 4.62%
  5. E-mini S&P 500 Future Mar20 3.96%
  6. E-mini Russell 2000 Index Future Mar20 3.53%
  7. Alerian MLP ETF 2.03%
  8. Vanguard Real Estate ETF 1.78%
  9. iShares JP Morgan USD Em Mkts Bd ETF 0.62%
  10. JPMorgan Chase & Co Pfd 0.51%

Asset Allocation

Weighting Return Low Return High GMUAX % Rank
Bonds
48.49% 19.71% 76.70% 14.99%
Stocks
27.28% 22.67% 80.06% 96.39%
Preferred Stocks
21.57% 0.00% 21.57% 1.14%
Cash
2.02% -77.88% 50.88% 78.37%
Other
0.44% -2.50% 62.73% 46.87%
Convertible Bonds
0.20% 0.00% 13.83% 65.28%

Stock Sector Breakdown

Weighting Return Low Return High GMUAX % Rank
Energy
16.06% -0.17% 41.94% 9.77%
Financial Services
15.65% 0.00% 41.89% 56.51%
Consumer Cyclical
11.06% 0.00% 28.06% 21.46%
Technology
10.87% 0.00% 33.84% 64.56%
Consumer Defense
10.49% 0.00% 33.90% 21.26%
Healthcare
10.08% 0.00% 38.81% 63.22%
Industrials
9.70% 0.22% 21.62% 57.66%
Basic Materials
7.94% 0.00% 16.54% 10.34%
Utilities
3.64% -0.17% 28.14% 44.25%
Communication Services
3.27% 0.00% 28.30% 76.44%
Real Estate
1.24% 0.00% 84.89% 90.04%

Stock Geographic Breakdown

Weighting Return Low Return High GMUAX % Rank
Non US
19.16% 1.90% 56.89% 72.11%
US
8.12% -0.12% 61.27% 91.84%

Bond Sector Breakdown

Weighting Return Low Return High GMUAX % Rank
Corporate
52.16% 0.00% 98.30% 18.41%
Government
27.38% 0.00% 100.00% 56.36%
Cash & Equivalents
20.45% -20.20% 67.01% 27.51%
Derivative
0.01% -4.16% 44.33% 44.59%
Securitized
0.00% 0.00% 64.61% 92.03%
Municipal
0.00% 0.00% 21.30% 79.89%

Bond Geographic Breakdown

Weighting Return Low Return High GMUAX % Rank
US
32.33% -0.30% 78.99% 25.43%
Non US
16.16% -56.41% 46.70% 28.08%

Expenses

GMUAX - Expenses

Operational Fees

GMUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.95% 0.07% 26.19% 64.34%
Management Fee 0.59% 0.00% 1.95% 45.64%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

GMUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

GMUAX 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.

GMUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 169.00% 14.00% 347.00% 91.19%

Distributions

GMUAX - Distributions

Dividend Yield Analysis

GMUAX Category Low Category High GMUAX % Rank
Dividend Yield 0.69% 0.00% 3.21% 16.86%

Dividend Distribution Analysis

GMUAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Quarterly Quarterly

Net Income Ratio Analysis

GMUAX Category Low Category High GMUAX % Rank
Net Income Ratio 5.17% -0.35% 6.29% 3.45%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

GMUAX - Fund Manager Analysis

Managers

Mark Ahnrud


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.61

0.6%

Mark currently serves as a Portfolio Manager for Invesco's Global Asset Allocation team. Mark joined Invesco in 2000 and the Global Asset Allocation team in 2002. Mark began his investment career in 1985 and was a fixed income portfolio manager with Bank of America prior to joining Invesco. Mark received his BS in Finance and Investments from Babson College. He received his MBA from the Fuqua School of Business at Duke University with a concentration in Finance and Real Estate Investment. Mark holds the Chartered Financial Analyst designation.

Chris Devine


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.61

0.6%

Chris Devine joined Invesco in 1998 and became affiliated with the Global Asset Allocation team in January 2003. He is responsible for portfolio construction, risk management, trading and derivative management. He began his investment management career in 1996 and was with The Robinson-Humphrey Co. prior to joining Invesco. Mr. Devine earned a Bachelor of Arts degree in economics from Wake Forest University and a Master of Business Administration degree from the University of Georgia. He is a CFA charterholder.

Christian Ulrich


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.61

0.6%

Christian currently serves as a Portfolio Manager for the IGAA team. Christian joined Invesco in 2000 and the Global Asset Allocation team in 2009. Prior to affiliating as a Portfolio manager with IGAA team, Christian served as a client portfolio manager for Invesco Global Asset Management. Christian began his investment career in 1987 and was with Credit Suisse Group AG where he had assignments in Zurich, New York and London.Christian graduated from the KV Zurich Business School in Zurich, Switzerland, and holds the CFA designation.

Scott Hixon


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.61

0.6%

Scott Hixon joined Invesco in 1994 and became affiliated with the Global Asset Allocation team in 1997. He is responsible for the fundamental research, quantitative modeling and portfolio investment decisions for asset classes and currencies. Mr. Hixon began his investment management career in 1992 and was with SunTrust Bank prior to joining Invesco. He earned a Bachelor of Business Administration in finance, graduating magna cum laude from Georgia Southern University. He earned an M.B.A. in finance from Georgia State University. Mr. Hixon is a CFA charterholder.

Scott Wolle


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.61

0.6%

Scott Wolle is a portfolio manager and chief investment officer (CIO) of Invesco Global Asset Allocation. Mr. Wolle joined Invesco in 1999 and became affiliated with the Global Asset Allocation team in 2000. He began his investment management career in 1991 and was with Bank of America prior to joining Invesco. Mr. Wolle earned a Bachelor of Science in finance from Virginia Polytechnic Institute and State University, graduating magna cum laude. He earned a MBA from the Fuqua School of Business at Duke University where he earned the distinction of Fuqua Scholar. He is a CFA charterholder.

John Burrello


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.61

0.6%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 28.1 6.21 0.61