Invesco Oppenheimer International Diversified Fund

Equity | International and Global Equity

Objective & Strategy

The Fund seeks capital appreciation. The strategy currently invests in four underlying products managed by the Invesco Global and Emerging Markets Equity teams.

as of 08/31/2019

Morningstar Rating

Overall Rating - Foreign Large Growth Category

As of 08/31/2019 the Fund had an overall rating of 3 stars out of 399 funds and was rated 3 stars out of 399 funds, 3 stars out of 343 funds and 3 stars out of 250 funds for the 3-, 5- and 10- year periods, respectively.

Morningstar details

Source: Morningstar Inc. Ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Open-end mutual funds and exchange-traded funds are considered a single population for comparison purposes. Ratings are calculated for funds with at least a three year history. The overall rating is derived from a weighted average of three-, five- and 10-year rating metrics, as applicable, excluding sales charges and including fees and expenses. ©2019 Morningstar Inc. All rights reserved. The information contained herein is proprietary to Morningstar and/or its content providers. It may not be copied or distributed and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance does not guarantee future results. The top 10% of funds in a category receive five stars, the next 22.5% four stars, the next 35% three stars, the next 22.5% two stars and the bottom 10% one star. Ratings are subject to change monthly. Had fees not been waived and/or expenses reimbursed currently or in the past, the Morningstar rating would have been lower. Ratings for other share classes may differ due to different performance characteristics.

Management team

as of 08/31/2019

Top Equity Holdings | View all

% of Total Assets
INVESCO OPPENHEIMER INTERNATIONAL GROWTH FUND OIGIX 25.55
INVESCO OPPENHEIMER DEVELOPING MARKETS FUND ODVIX 25.25
INVESCO OPPENHEIMER INTERNATIONAL SMALL-MID COMPANY FUND OSCIX 24.86
INVESCO OPPENHEIMER INTERNATIONAL EQUITY FUND QIVIX 24.32

May not equal 100% due to rounding.

Holdings are subject to change and are not buy/sell recommendations.

as of 08/31/2019 06/30/2019

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 09/27/2005 N/A 6.00 11.43 -4.38 6.56 3.55 6.97
Load 09/27/2005 5.50 5.57 5.31 -9.64 4.58 2.39 6.36
Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares.

Performance shown at NAV does not include applicable front-end or CDSC sales charges, which would have reduced the performance.

Performance figures reflect reinvested distributions and changes in net asset value (NAV) and the effect of the maximum sales charge unless otherwise stated.

Had fees not been waived and/or expenses reimbursed currently or in the past, returns would have been lower.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.

as of 08/31/2019 06/30/2019

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
MSCI AC Wrld Ex US ND IX -3.09 1.50 -3.27 5.87 1.37 4.71
MSCI AC Wrld Ex US ND IX -3.09 1.50 -3.27 5.87 1.37 4.71
MSCI AC Wrld Ex US ND IX 6.02 2.98 1.29 9.39 2.16 6.54
MSCI AC Wrld Ex US ND IX 6.02 2.98 1.29 9.39 2.16 6.54

Source: RIMES Technologies Corp.

Source: RIMES Technologies Corp.

An investment cannot be made directly in an index.

Expense Ratio per Prospectus

Management Fee N/A
12b-1 Fee 0.25
Other Expenses 0.19
Interest/Dividend Exp 0.00
Total Other Expenses 0.19
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) 0.83
Total Annual Fund Operating Expenses 1.27
Contractual Waivers/Reimbursements N/A
Net Expenses - PER PROSPECTUS 1.27
Additional Waivers/Reimbursements 0.00
Net Expenses - With Additional Fee Reduction 1.27
This information is updated per the most recent prospectus.

Historical Prices

From   to
No history records found for this date range

Distributions

From   to
    Capital Gains Reinvestment
Price ($)
Ex-Date Income Short Term Long Term
12/20/2018 0.1276 N/A N/A 15.307
12/20/2017 0.0700 N/A N/A 18.01
12/21/2016 0.0568 N/A N/A 13.754
12/22/2015 0.1321 N/A N/A 13.804
12/23/2014 0.0892 N/A N/A 13.99
12/31/2013 0.1155 N/A N/A 14.887
12/31/2012 0.2120 N/A N/A 12.059
12/30/2011 0.2564 N/A N/A 10.157
12/31/2010 0.2378 N/A N/A 12.267
12/31/2009 0.2150 N/A N/A 10.623
12/31/2008 N/A 0.0067 0.4232 7.248
12/31/2007 0.4439 0.0325 0.0945 13.686
12/29/2006 0.2814 N/A 0.0134 12.692
12/30/2005 0.2367 N/A N/A 10.319
as of 08/31/2019

Fund Characteristics

3-Year Alpha 0.55%
3-Year Beta 1.05
3-Year R-Squared 0.92
3-Year Sharpe Ratio 0.41
3-Year Standard Deviation 12.45
Number of Securities 4
Total Assets $4,656,552,140.00
Wghtd Med Mkt Cap MM$ $16,520.00

Source: RIMES Technologies Corp., StyleADVISOR

Benchmark:  MSCI AC Wrld Ex US ND IX

as of 08/31/2019

Top Equity Holdings | View all

% of Total Assets
INVESCO OPPENHEIMER INTERNATIONAL GROWTH FUND OIGIX 25.55
INVESCO OPPENHEIMER DEVELOPING MARKETS FUND ODVIX 25.25
INVESCO OPPENHEIMER INTERNATIONAL SMALL-MID COMPANY FUND OSCIX 24.86
INVESCO OPPENHEIMER INTERNATIONAL EQUITY FUND QIVIX 24.32

May not equal 100% due to rounding.

Holdings are subject to change and are not buy/sell recommendations.

 About risk

As with any mutual fund investment, loss of money is a risk of investing. An investment in the Fund is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency. The risks associated with an investment in the Fund can increase during times of significant market volatility. Because the Fund is a fund of funds, the Fund is subject to the risks associated with the underlying funds in which it invests. The principal risks of investing in the underlying funds, and therefore the Fund, are:

Risks of Investing in the Underlying Funds. Each of the Underlying Funds has its own investment risks, and those risks can affect the value of the Fund’s investments and therefore the value of the Fund’s shares. To the extent that the Fund invests more of its assets in one Underlying Fund than in another, it will have greater exposure to the risks of that Underlying Fund. The investment objective and principal investment strategies of each of the Underlying Funds are described in the section “More Information About the Underlying Funds” beginning on page 12 of this prospectus. There is no guarantee that the Fund or any Underlying Fund will achieve its investment objective. The Underlying Funds will each pursue their investment objectives and policies without the approval of the Fund. If an Underlying Fund were to change its investment objective or policies, the Fund may be forced to sell its shares of that Underlying Fund at a disadvantageous time.

Allocation Risk. The Fund’s ability to achieve its investment objective depends largely upon selecting the best mix of Underlying Funds. There is the risk that portfolio manager evaluations and assumptions regarding the Underlying Funds’ prospects may be incorrect in view of actual market conditions.

Risks of Foreign Investing. Foreign securities are subject to special risks. Securities traded in foreign markets may be less liquid and more volatile than those traded in U.S. markets. Foreign issuers are usually not subject to the same accounting and disclosure requirements that U.S. companies are subject to, which may make it difficult for the Fund to evaluate a foreign company’s operations or financial condition. A change in the value of a foreign currency against the U.S. dollar will result in a change in the U.S. dollar value of investments denominated in that foreign currency and in the value of any income or distributions the Fund may receive on those investments. The value of foreign investments may be affected by exchange control regulations, foreign taxes, higher transaction and other costs, delays in the settlement of transactions, changes in economic or monetary policy in the United States or abroad, expropriation or nationalization of a company’s assets, or other political and economic factors. In addition, due to the inter-relationship of global economies and financial markets, changes in political and economic factors in one country or region could adversely affect conditions in another country or region. Investments in foreign securities may also expose the Fund to time-zone arbitrage risk. Foreign securities may trade on weekends or other days when the Fund does not price its shares. As a result, the value of the Fund’s net assets may change on days when you will not be able to purchase or redeem the Fund’s shares. At times, the Fund may emphasize investments in a particular country or region and may be subject to greater risks from adverse events that occur in that country or region. Foreign securities and foreign currencies held in foreign banks and securities depositories may be subject to only limited or no regulatory oversight.

Risks of Developing and Emerging Markets. Investments in developing and emerging markets are subject to all the risks associated with foreign investing, however, these risks may be magnified in developing and emerging markets. Developing or emerging market countries may have less well developed securities markets and exchanges that may be substantially less liquid than those of more developed markets. Settlement procedures in developing or emerging markets may differ from those of more established securities markets, and settlement delays may result in the inability to invest assets or to dispose of portfolio securities in a timely manner. Securities prices in developing or emerging markets may be significantly more volatile than is the case in more developed nations of the world, and governments of developing or emerging market countries may also be more unstable than the governments of more developed countries. Such countries’ economies may be more dependent on relatively few industries or investors that may be highly vulnerable to local and global changes. Developing or emerging market countries also may be subject to social, political or economic instability. The value of developing or emerging market countries’ currencies may fluctuate more than the currencies of countries with more mature markets. Investments in developing or emerging market countries may be subject to greater risks of government restrictions, including confiscatory taxation, expropriation or nationalization of a company’s assets, restrictions on foreign ownership of local companies, restrictions on withdrawing assets from the country, protectionist measures, and practices such as share blocking. In addition, the ability of foreign entities to participate in privatization programs of certain developing or emerging market countries may be limited by local law. Investments in securities of issuers in developing or emerging market countries may be considered speculative.

Eurozone Investment Risks. Certain of the regions in which the Fund may invest, including the European Union (EU), currently experience significant financial difficulties. Following the global economic crisis that began in 2008, some of these countries have depended on, and may continue to be dependent on, the assistance from others such as the European Central Bank (ECB) or other governments or institutions, and failure to implement reforms as a condition of assistance could have a significant adverse effect on the value of investments in those and other European countries. In addition, countries that have adopted the euro are subject to fiscal and monetary controls that could limit the ability to implement their own economic policies, and could voluntarily abandon, or be forced out of, the euro. Such events could impact the market values of Eurozone and various other securities and currencies, cause redenomination of certain securities into less valuable local currencies, and create more volatile and illiquid markets. Additionally, the United Kingdom’s intended departure from the EU, commonly known as “Brexit,” may have significant political and financial consequences for Eurozone markets, including greater market volatility and illiquidity, currency fluctuations, deterioration in economic activity, a decrease in business confidence and an increased likelihood of a recession in the United Kingdom.

Risks of Investing in Stocks. The value of the Fund’s portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall sharply at times. Adverse events in any part of the equity or fixed-income markets may have unexpected negative effects on other market segments. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.

The prices of individual stocks generally do not all move in the same direction at the same time. A variety of factors can negatively affect the price of a particular company’s stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company’s sector or industry, or changes in government regulations affecting the company or its industry. To the extent that securities of a particular type are emphasized (for example foreign stocks, stocks of small- or mid-cap companies, growth or value stocks, or stocks of companies in a particular industry), fund share values may fluctuate more in response to events affecting the market for those types of securities.

Affiliated Portfolio Risk. In managing the Fund, the Adviser will have authority to select and substitute Underlying Funds. The Adviser may be subject to potential conflicts of interest in selecting Underlying Funds because the fees paid to each by some Underlying Funds for its advisory services are higher than the fees paid by other Underlying Funds. However, the Adviser monitors the investment process to seek to identify, address and resolve any potential issues.
as of 09/20/2019

OIDAX

NAV Change ($)
$17.72 -0.06
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.

Fund Details

  • Distribution Frequency Annually
  • NASDAQ OIDAX
  • WSJ Abrev. N/A
  • CUSIP 00900R101
  • Fund Type Equity
  • Geography Type International
  • Inception Date 09/27/2005
  • Fiscal Year End 04/30
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1861
  • Tax ID 71-0986094