OFIAX: Invesco Intermediate Bond Factor Fund - MutualFunds.com
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OFIAX - Snapshot

Vitals

  • YTD Return -0.6%
  • 3 Yr Annualized Return 4.7%
  • 5 Yr Annualized Return 5.0%
  • Net Assets $203 M
  • Holdings in Top 10 58.7%

52 WEEK LOW AND HIGH

$11.09
$10.40
$11.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.05%

SALES FEES

  • Front Load 4.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 64.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Compare OFIAX to Popular U.S. Intermediate-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$87.35

+0.08%

$303.06 B

2.24%

$1.95

-0.95%

-

$11.52

+0.17%

$303.06 B

-

$0.00

-0.86%

-

$11.35

+0.09%

$221.77 B

2.20%

$0.25

-0.96%

-

$11.11

+0.18%

$90.58 B

1.57%

$0.17

-0.63%

-

$117.25

+0.10%

$85.21 B

2.16%

$2.53

-0.80%

-

OFIAX - Profile

Distributions

  • YTD Total Return -0.6%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 4.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.80%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Intermediate Bond Factor Fund
  • Fund Family Name
    OppenheimerFunds
  • Inception Date
    Aug 02, 2010
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Sash Sarangi

Fund Description

Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in debt securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The kinds of debt securities in which it can invest include investment grade U.S. corporate and government debt obligations, as well as mortgage-backed, commercial mortgage-backed and asset-backed securities. The fund will only purchase investment grade debt securities.


OFIAX - Performance

Return Ranking - Trailing

Period OFIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -1.3% 7.8% 47.10%
1 Yr 7.5% -4.0% 18.5% 65.60%
3 Yr 4.7%* 0.9% 9.8% 79.40%
5 Yr 5.0%* 1.1% 9.2% 32.11%
10 Yr 5.1%* 1.6% 8.4% 6.44%

* Annualized

Return Ranking - Calendar

Period OFIAX Return Category Return Low Category Return High Rank in Category (%)
2020 1.7% -10.1% 946.1% 90.14%
2019 8.1% -2.6% 13.9% 1.21%
2018 -7.0% -10.3% 2.7% 99.24%
2017 3.1% -49.5% 8.1% 3.27%
2016 2.1% -49.3% 192.8% 8.29%

Total Return Ranking - Trailing

Period OFIAX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -1.3% 7.8% 47.10%
1 Yr 2.9% -6.2% 18.5% 94.17%
3 Yr 3.2%* 0.9% 9.8% 95.07%
5 Yr 4.1%* 1.1% 9.2% 71.51%
10 Yr 4.6%* 1.6% 8.4% 16.99%

* Annualized

Total Return Ranking - Calendar

Period OFIAX Return Category Return Low Category Return High Rank in Category (%)
2020 1.7% -10.1% 946.1% 90.14%
2019 8.1% -2.6% 13.9% 1.51%
2018 -7.0% -10.3% 3.9% 99.35%
2017 3.1% -6.0% 8.4% 21.52%
2016 2.1% -5.7% 204.3% 26.55%

NAV & Total Return History


OFIAX - Holdings

Concentration Analysis

OFIAX Category Low Category High OFIAX % Rank
Net Assets 203 M 3.2 M 303 B 82.05%
Number of Holdings 401 1 18497 72.41%
Net Assets in Top 10 60.3 M -1.13 B 35.6 B 77.22%
Weighting of Top 10 58.70% 3.1% 100.0% 10.91%

Top 10 Holdings

  1. United States Treasury Notes 1.12% 8.99%
  2. Federal National Mortgage Association 2.5% 8.28%
  3. Federal National Mortgage Association 2.5% 8.14%
  4. 5 Year Treasury Note Future Sept 20 8.00%
  5. 5 Year Treasury Note Future Sept 20 8.00%
  6. 5 Year Treasury Note Future Sept 20 8.00%
  7. 5 Year Treasury Note Future Sept 20 8.00%
  8. 5 Year Treasury Note Future Sept 20 8.00%
  9. 5 Year Treasury Note Future Sept 20 8.00%
  10. 5 Year Treasury Note Future Sept 20 8.00%

Asset Allocation

Weighting Return Low Return High OFIAX % Rank
Bonds
106.46% -52.64% 351.52% 11.11%
Convertible Bonds
2.09% 0.00% 11.80% 22.41%
Preferred Stocks
0.15% 0.00% 84.28% 21.11%
Stocks
0.00% -0.25% 10.46% 86.20%
Other
0.00% -14.22% 7.23% 78.89%
Cash
-8.70% -238.91% 161.55% 89.07%

Bond Sector Breakdown

Weighting Return Low Return High OFIAX % Rank
Government
35.26% 0.00% 86.49% 17.41%
Corporate
35.11% 0.00% 100.00% 42.50%
Securitized
21.13% 0.00% 98.07% 79.72%
Derivative
7.09% 0.00% 23.90% 7.31%
Cash & Equivalents
1.40% 0.00% 57.87% 90.93%
Municipal
0.00% 0.00% 89.53% 96.94%

Bond Geographic Breakdown

Weighting Return Low Return High OFIAX % Rank
US
87.52% -52.88% 336.16% 37.22%
Non US
18.94% -144.79% 48.76% 11.11%

OFIAX - Expenses

Operational Fees

OFIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.05% 0.01% 19.93% 26.68%
Management Fee 0.25% 0.00% 0.85% 17.60%
12b-1 Fee 0.24% 0.00% 1.00% 21.52%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

OFIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 2.00% 5.75% 34.75%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

OFIAX 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.

OFIAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 64.00% 3.00% 484.45% 27.05%

OFIAX - Distributions

Dividend Yield Analysis

OFIAX Category Low Category High OFIAX % Rank
Dividend Yield 0.00% 0.00% 3.80% 85.01%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

OFIAX Category Low Category High OFIAX % Rank
Net Income Ratio 2.80% -0.39% 11.28% 26.17%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

OFIAX - Fund Manager Analysis

Managers

Sash Sarangi


Start Date

Tenure

Tenure Rank

Feb 28, 2020

0.84

0.8%

Sash Sarangi, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2018. From 2010 to 2018, he was a Portfolio Manager and Researcher at FDO Partners, an asset management firm.

Jay Raol


Start Date

Tenure

Tenure Rank

Feb 28, 2020

0.84

0.8%

Jay Raol, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2013.

James Ong


Start Date

Tenure

Tenure Rank

Feb 28, 2020

0.84

0.8%

James Ong is a Senior Macro Strategist and a Derivative Portfolio Manager for Invesco Fixed Income (IFI). Mr. Ong contributes economic and market analysis to the macro research platform, in addition to leading the IFI derivative strategy and overseeing derivatives held in IFI portfolios. Mr. Ong began his investment career in 2001. Prior to joining Invesco in 2014, he was a senior vice president, a senior portfolio manager and a senior trader at Hartford Investment Management Company. Mr. Ong earned his BA degree in economics from Middlebury College. He is a Chartered Financial Analyst® (CFA) charterholder.

Noelle Corum


Start Date

Tenure

Tenure Rank

Feb 28, 2020

0.84

0.8%

Noelle Corum, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 32.01 6.94 1.5