ODVIX: Oppenheimer Developing Markets I

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ODVIX Oppenheimer Developing Markets I


Profile

ODVIX - Profile

Vitals

  • YTD Return -1.5%
  • 3 Yr Annualized Return 2.5%
  • 5 Yr Annualized Return 9.1%
  • Net Assets $41.4 B
  • Holdings in Top 10 46.6%

52 WEEK LOW AND HIGH

$44.92
$32.22
$47.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.83%

SALES FEES

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

BROKERAGE FEES

  • Turnover 7.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Dec 31, 2019
  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Emerging Mkts

Distributions

  • YTD Total Return -1.5%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 9.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.21%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco 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 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.


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Categories

Fund Company Quick Screens

ODVIX - Fund Company Quick Screens


Performance

ODVIX - Performance

Return Ranking - Trailing

Period ODVIX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -33.5% 403.9% 53.87%
1 Yr 5.5% -48.2% 437.2% 55.74%
3 Yr 2.5%* -20.7% 69.8% 25.75%
5 Yr 9.1%* -13.6% 30.7% 27.92%
10 Yr N/A* -12.1% 10.3% 5.42%

* Annualized

Return Ranking - Calendar

Period ODVIX Return Category Return Low Category Return High Rank in Category (%)
2019 21.3% -19.9% 42.0% 34.54%
2018 -12.5% -41.9% 1.7% 4.79%
2017 34.3% 0.0% 50.3% 46.29%
2016 6.6% -9.2% 241.4% 48.75%
2015 -14.5% -33.9% -1.5% 52.07%

Total Return Ranking - Trailing

Period ODVIX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -33.5% 403.9% 53.87%
1 Yr 5.5% -48.2% 437.2% 55.74%
3 Yr 3.0%* -20.7% 69.8% 25.19%
5 Yr 9.8%* -11.9% 33.8% 26.49%
10 Yr N/A* -12.1% 14.4% 9.17%

* Annualized

Total Return Ranking - Calendar

Period ODVIX Return Category Return Low Category Return High Rank in Category (%)
2019 21.3% -19.9% 42.0% 34.54%
2018 -11.8% -41.9% 1.7% 6.81%
2017 35.3% 0.0% 50.4% 44.49%
2016 7.4% -9.2% 249.7% 47.38%
2015 -13.7% -33.9% -1.5% 47.15%

NAV & Total Return History


Holdings

ODVIX - Holdings

Concentration Analysis

ODVIX Category Low Category High ODVIX % Rank
Net Assets 41.4 B 202 K 87.9 B 4.13%
Number of Holdings 84 1 4651 51.04%
Net Assets in Top 10 17.7 B 5 23.5 B 1.44%
Weighting of Top 10 46.59% 3.7% 100.0% 15.22%

Top 10 Holdings

  1. Tencent Holdings Ltd 7.80%
  2. Taiwan Semiconductor Manufacturing Co Ltd 6.14%
  3. Kering SA 5.42%
  4. Alibaba Group Holding Ltd ADR 5.09%
  5. AIA Group Ltd 4.35%
  6. NOVATEK PJSC GDR 3.84%
  7. Housing Development Finance Corp Ltd 3.79%
  8. Yum China Holdings Inc 3.71%
  9. ZTO Express (Cayman) Inc ADR 3.26%
  10. Kotak Mahindra Bank Ltd 3.18%

Asset Allocation

Weighting Return Low Return High ODVIX % Rank
Stocks
94.38% 0.00% 101.91% 82.67%
Cash
3.14% -8.91% 100.00% 30.72%
Other
2.46% -6.56% 11.95% 3.36%
Preferred Stocks
0.02% 0.00% 5.26% 12.48%
Convertible Bonds
0.00% 0.00% 0.36% 58.72%
Bonds
0.00% -0.07% 17.76% 62.80%

Expenses

ODVIX - Expenses

Operational Fees

ODVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.83% 0.04% 59.58% 94.02%
Management Fee 0.75% 0.00% 2.00% 20.86%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.25% N/A

Sales Fees

ODVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.20% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ODVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

ODVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 7.00% 0.00% 207.48% 5.13%

Distributions

ODVIX - Distributions

Dividend Yield Analysis

ODVIX Category Low Category High ODVIX % Rank
Dividend Yield 0.00% 0.00% 4.97% 60.95%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

ODVIX Category Low Category High ODVIX % Rank
Net Income Ratio 1.21% -1.40% 6.05% 56.81%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ODVIX - Fund Manager Analysis

Managers

Justin Leverenz


Start Date

Tenure

Tenure Rank

May 01, 2007

13.35

13.4%

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
0.13 33.53 6.27 0.75