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ODVIX Oppenheimer Developing Markets I

  • Fund
  • ODVIX
  • Price as of: Aug 16, 2019
  • $40.88 + $0.54 + 1.34%
  • Category
  • Emerging Markets Equities

ODVIX - Profile

Vitals

  • YTD Return 8.8%
  • 3 Yr Annualized Return 7.1%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $41.6 B
  • Holdings in Top 10 39.8%

52 WEEK LOW AND HIGH

$40.88
$36.13
$44.00

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 Apr 12, 2013

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

Emerging Markets Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Diversified Emerging Mkts

Distributions

  • YTD Total Return 8.8%
  • 3 Yr Annualized Total Return 7.9%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.55%
DIVIDENDS
  • Dividend Yield 0.7%
  • 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 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, and in derivatives and other instruments that have economic characteristics similar to such securities.

ODVIX - Performance

Return Ranking - Trailing

Period ODVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% 0.0% 26.5% 25.40%
1 Yr 1.1% -28.4% 9.3% 25.20%
3 Yr 7.1%* -9.0% 13.8% 5.05%
5 Yr 0.0%* -19.9% 23.8% 29.30%
10 Yr N/A* -8.7% 13.1% N/A

* Annualized


Return Ranking - Calendar

Period ODVIX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.5% -41.9% 0.0% 6.18%
2017 34.3% 1.8% 49.7% 48.30%
2016 6.6% -23.2% 241.4% 54.10%
2015 -14.5% -47.4% -0.6% 50.82%
2014 -6.7% -46.3% 42.6% 68.66%

Total Return Ranking - Trailing

Period ODVIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.8% 0.0% 26.5% 25.40%
1 Yr 1.9% -28.4% 9.3% 19.44%
3 Yr 7.9%* -5.2% 15.1% 2.83%
5 Yr 1.1%* -19.9% 27.7% 24.18%
10 Yr N/A* -8.7% 17.9% N/A

* Annualized


Total Return Ranking - Calendar

Period ODVIX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.8% -41.9% 0.0% 6.18%
2017 35.3% 1.8% 50.4% 48.90%
2016 7.4% -10.0% 249.7% 51.43%
2015 -13.7% -33.4% 1.2% 45.70%
2014 -4.4% -46.2% 48.2% 62.67%

NAV & Total Return History

ODVIX - Holdings

Concentration Analysis

ODVIX Category Low Category High ODVIX % Rank
Net Assets 41.6 B 5.43 M 87.8 B 1.59%
Number of Holdings 93 2 5006 59.72%
Net Assets in Top 10 16.8 B -206 M 15.7 B 0.79%
Weighting of Top 10 39.77% 3.9% 421.7% 17.46%

Top 10 Holdings

  1. Alibaba Group Holding Ltd ADR 6.69%

  2. Master China Series 1 4.67%

  3. NOVATEK PJSC GDR 4.60%

  4. Kering SA 4.06%

  5. Housing Development Finance Corp Ltd 3.69%

  6. Taiwan Semiconductor Manufacturing Co Ltd 3.63%

  7. Kotak Mahindra Bank Ltd 3.17%

  8. AIA Group Ltd 3.14%

  9. Tencent Holdings Ltd 3.11%

  10. Glencore PLC 3.01%


Asset Allocation

Weighting Return Low Return High ODVIX % Rank
Stocks
91.02% 0.00% 102.58% 91.27%
Other
4.67% -1.44% 15.46% 1.19%
Cash
4.27% -3.68% 54.06% 19.84%
Preferred Stocks
0.03% 0.00% 2.93% 14.29%
Convertible Bonds
0.00% 0.00% 19.06% 83.73%
Bonds
0.00% -72.20% 94.13% 84.13%

Stock Sector Breakdown

Weighting Return Low Return High ODVIX % Rank
Consumer Cyclical
25.81% 0.00% 33.57% 2.58%
Financial Services
23.79% 0.00% 51.75% 58.05%
Technology
13.27% 0.00% 43.17% 84.69%
Consumer Defense
7.18% 0.00% 44.58% 59.64%
Basic Materials
6.82% 0.00% 15.85% 38.77%
Energy
5.76% 0.00% 25.34% 48.51%
Healthcare
3.29% 0.00% 13.32% 36.38%
Industrials
2.97% 0.00% 17.60% 85.88%
Real Estate
2.11% 0.00% 11.64% 55.07%
Utilities
0.00% 0.00% 51.35% 95.43%
Communication Services
0.00% 0.00% 18.15% 97.22%

Stock Geographic Breakdown

Weighting Return Low Return High ODVIX % Rank
Non US
90.60% 0.00% 103.67% 86.11%
US
0.42% -2.10% 99.98% 58.53%

ODVIX - Expenses

Operational Fees

ODVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.87% 0.05% 13.96% 94.44%
Management Fee 0.77% 0.00% 2.00% 20.83%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

ODVIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.40% 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 0.40% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 36.00% 2.00% 307.00% 38.89%

ODVIX - Distributions

Dividend Yield Analysis

ODVIX Category Low Category High ODVIX % Rank
Dividend Yield 0.74% 0.00% 0.19% 54.76%

Dividend Distribution Analysis

ODVIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

ODVIX Category Low Category High ODVIX % Rank
Net Income Ratio 0.55% -1.57% 5.89% 70.04%

Capital Gain Distribution Analysis

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

ODVIX - Managers

Justin M. Leverenz

Manager

Start Date

Tenure

Tenure Rank

May 01, 2007

12.26

12.3%

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

0.0

Category High

25.57

Category Average

6.26

Category Mode

5.41