ODMAX: Invesco Developing Markets Fund - MutualFunds.com

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Oppenheimer Developing Markets A

ODMAX - Snapshot

Vitals

  • YTD Return 10.9%
  • 3 Yr Annualized Return 3.3%
  • 5 Yr Annualized Return 8.3%
  • Net Assets $40.2 B
  • Holdings in Top 10 52.5%

52 WEEK LOW AND HIGH

$51.50
$32.72
$51.50

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.24%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 7.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Apr 12, 2013
  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Compare ODMAX to Popular Emerging Markets Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$30.46

+0.66%

$87.37 B

-

$0.00

8.24%

-

$47.89

-0.02%

$87.37 B

2.53%

$1.21

9.13%

-

$58.99

+0.32%

$54.41 B

2.29%

$1.34

11.27%

-

$82.18

+0.59%

$45.35 B

0.90%

$0.74

16.48%

-

$51.40

-0.19%

$40.21 B

0.21%

$0.11

10.94%

-

ODMAX - Profile

Distributions

  • YTD Total Return 10.9%
  • 3 Yr Annualized Total Return 1.4%
  • 5 Yr Annualized Total Return 7.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.80%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Developing Markets Fund
  • Fund Family Name
    OppenheimerFunds
  • Inception Date
    Nov 18, 1996
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Justin 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, and in derivatives and other instruments that have economic characteristics similar to such securities.


ODMAX - Performance

Return Ranking - Trailing

Period ODMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.9% -24.0% 457.5% 50.50%
1 Yr 5.7% -32.9% 70.4% 60.89%
3 Yr 3.3%* -14.1% 23.9% 30.05%
5 Yr 8.3%* -5.2% 22.1% 37.01%
10 Yr 3.7%* -2.4% 9.3% 32.04%

* Annualized

Return Ranking - Calendar

Period ODMAX Return Category Return Low Category Return High Rank in Category (%)
2019 21.4% -4.8% 42.0% 29.90%
2018 -12.4% -58.5% 0.0% 3.97%
2017 34.4% -33.4% 66.6% 46.37%
2016 6.6% -10.1% 241.3% 53.92%
2015 -14.4% -34.7% 4.9% 52.06%

Total Return Ranking - Trailing

Period ODMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.9% -24.5% 457.5% 50.12%
1 Yr -0.1% -32.9% 70.4% 79.03%
3 Yr 1.4%* -14.1% 23.9% 50.54%
5 Yr 7.1%* -5.2% 22.1% 51.09%
10 Yr 3.1%* -2.4% 9.3% 39.48%

* Annualized

Total Return Ranking - Calendar

Period ODMAX Return Category Return Low Category Return High Rank in Category (%)
2019 21.4% -4.8% 42.0% 30.03%
2018 -12.4% -41.9% 0.0% 6.52%
2017 34.8% -24.0% 66.6% 52.09%
2016 6.9% -10.0% 249.6% 55.12%
2015 -14.1% -34.7% 4.9% 52.46%

NAV & Total Return History


ODMAX - Holdings

Concentration Analysis

ODMAX Category Low Category High ODMAX % Rank
Net Assets 40.2 B 705 K 87.4 B 3.33%
Number of Holdings 81 1 5645 63.31%
Net Assets in Top 10 21.2 B -81.1 M 24.2 B 1.20%
Weighting of Top 10 52.50% 2.9% 100.0% 7.36%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  2. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  3. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  4. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  5. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  6. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  7. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  8. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  9. Taiwan Semiconductor Manufacturing Co Ltd 8.21%
  10. Taiwan Semiconductor Manufacturing Co Ltd 8.21%

Asset Allocation

Weighting Return Low Return High ODMAX % Rank
Stocks
90.17% 40.97% 101.68% 94.50%
Other
6.87% -5.37% 121.77% 1.20%
Cash
2.93% -114.84% 13.18% 28.54%
Preferred Stocks
0.02% 0.00% 1.77% 14.75%
Convertible Bonds
0.00% 0.00% 15.83% 52.88%
Bonds
0.00% -9.89% 58.22% 58.01%

ODMAX - Expenses

Operational Fees

ODMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.24% 0.04% 40.36% 61.81%
Management Fee 0.75% 0.00% 2.00% 27.11%
12b-1 Fee 0.25% 0.00% 1.00% 41.29%
Administrative Fee N/A 0.01% 1.25% N/A

Sales Fees

ODMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.40% 5.75% 50.00%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ODMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

ODMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.00% 0.00% 420.00% 4.49%

ODMAX - Distributions

Dividend Yield Analysis

ODMAX Category Low Category High ODMAX % Rank
Dividend Yield 0.00% 0.00% 9.83% 59.07%

Dividend Distribution Analysis

ODMAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

ODMAX Category Low Category High ODMAX % Rank
Net Income Ratio 0.80% -1.40% 6.51% 75.03%

Capital Gain Distribution Analysis

ODMAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

ODMAX - Fund Manager Analysis

Managers

Justin Leverenz


Start Date

Tenure

Tenure Rank

May 01, 2007

13.51

13.5%

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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.7 5.88 0.92