Invesco Oppenheimer Mid Cap Value Fund

Equity | US Equity

Objective & Strategy

The Fund seeks capital appreciation. The strategy typically invests in mid-sized value stocks.

as of 08/31/2019

Morningstar Rating

Overall Rating - Mid-Cap Value Category

As of 08/31/2019 the Fund had an overall rating of 2 stars out of 368 funds and was rated 2 stars out of 368 funds, 3 stars out of 329 funds and 2 stars out of 227 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
Willis Towers Watson 3.34
Arthur J. Gallagher 3.31
Keysight Technologies 3.01
Liberty Property Trust 2.84
Johnson Controls 2.83
Centene 2.82
Encompass Health 2.71
KLA-Tencor 2.69
Knight-Swift Transportation 2.65
W.R. Grace 2.52

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 01/03/1989 N/A 9.29 14.05 -8.81 4.24 3.96 9.06
Load 01/03/1989 5.50 9.08 7.77 -13.83 2.30 2.79 8.45
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 (%)
Custom Invesco Oppenheimer Mid Cap Value Index -3.53 3.85 -3.13 6.54 5.70 11.56
Russell Midcap Value IX -3.53 3.85 -3.13 6.54 5.88 12.46
Custom Invesco Oppenheimer Mid Cap Value Index 6.75 3.19 3.68 8.95 6.16 13.61
Russell Midcap Value IX 6.75 3.19 3.68 8.95 6.72 14.56

Source: RIMES Technologies Corp.

An investment cannot be made directly in an index.

Expense Ratio per Prospectus

Management Fee 0.71
12b-1 Fee 0.25
Other Expenses 0.23
Interest/Dividend Exp N/A
Total Other Expenses 0.23
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) N/A
Total Annual Fund Operating Expenses 1.19
Contractual Waivers/Reimbursements -0.03
Net Expenses - PER PROSPECTUS 1.16
Additional Waivers/Reimbursements N/A
Net Expenses - With Additional Fee Reduction 1.16
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
09/19/2019 0.0798 N/A N/A 50.955
06/20/2019 0.0846 N/A N/A 50.759
03/19/2019 0.0343 N/A N/A 48.536
12/06/2018 0.0604 0.2501 4.2722 46.997
09/18/2018 0.0924 N/A N/A 58.55
06/19/2018 0.0671 N/A N/A 56.769
12/06/2017 0.0544 N/A 3.4604 56.082
09/19/2017 0.0351 0.0000 0.0160 56.845
06/20/2017 0.0477 N/A N/A 55.988
03/21/2017 0.0320 N/A N/A 54.891
12/09/2016 0.0914 N/A N/A 54.893
09/20/2016 0.0639 N/A N/A 49.70
06/21/2016 0.0823 N/A N/A 47.72
03/22/2016 0.0260 N/A N/A 45.611
12/11/2015 0.0550 N/A N/A 44.674
09/22/2015 0.0443 N/A N/A 44.644
06/16/2015 0.0593 N/A N/A 50.55
03/17/2015 0.0530 N/A N/A 49.795
12/12/2014 0.0723 N/A N/A 46.714
09/16/2014 0.0775 N/A N/A 46.98
06/17/2014 0.0711 N/A N/A 47.09
03/18/2014 0.0798 N/A N/A 45.415
12/30/2013 0.0147 N/A N/A 44.226
12/13/2013 0.2732 N/A N/A 42.48
12/14/2012 0.0292 N/A N/A 31.873
12/05/2008 N/A 0.0098 N/A 16.831
12/07/2007 N/A 1.3980 2.3082 37.878
12/07/2006 N/A 1.1172 0.9424 37.242
12/07/2005 N/A 1.1336 0.7343 32.902
12/07/2004 N/A 2.0581 1.1240 29.426
12/09/2003 N/A 0.3704 0.9062 25.805
12/10/2001 N/A N/A 0.0732 21.085
12/06/2000 N/A 0.6097 0.4221 18.518
12/06/1999 N/A N/A 0.0006 17.018
12/14/1998 N/A N/A 0.5481 17.211
12/15/1997 N/A 0.8403 1.0204 19.858
12/13/1996 N/A 0.9848 1.3765 17.545
12/20/1995 0.1140 0.1881 0.8052 16.84
12/05/1994 N/A 0.3195 0.0959 15.64
11/15/1993 N/A 0.8590 0.4720 16.02
12/18/1992 N/A 1.1370 N/A 15.10
12/17/1991 N/A 0.4230 N/A 12.66
12/28/1990 0.0840 N/A N/A 9.41
12/28/1989 0.0810 0.0570 N/A 10.97
as of 08/31/2019

Sector Breakdown

May not equal 100% due to rounding.

The holdings are organized according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of Morgan Stanley Capital International Inc. and Standard & Poor's.

as of 08/31/2019

Asset Mix

May not equal 100% due to rounding.

as of 08/31/2019

Fund Characteristics

3-Year Alpha -2.52%
3-Year Beta 1.10
3-Year R-Squared 0.97
3-Year Sharpe Ratio 0.19
3-Year Standard Deviation 14.80
Number of Securities 48
Total Assets $1,033,237,518.00
Wghtd Med Mkt Cap MM$ $9,230.00

Source: RIMES Technologies Corp., StyleADVISOR

Benchmark:  Custom Invesco Oppenheimer Mid Cap Value Index

as of 08/31/2019

Top Equity Holdings | View all

% of Total Assets
Willis Towers Watson 3.34
Arthur J. Gallagher 3.31
Keysight Technologies 3.01
Liberty Property Trust 2.84
Johnson Controls 2.83
Centene 2.82
Encompass Health 2.71
KLA-Tencor 2.69
Knight-Swift Transportation 2.65
W.R. Grace 2.52

May not equal 100% due to rounding.

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

as of 08/31/2019

Top Industries

  % of Total Assets
Regional Banks 9.03
Insurance Brokers 6.66
Hotels, Resorts & Cruise Lines 6.52
Electric Utilities 5.85
Oil & Gas Exploration & Production 4.82
Communications Equipment 3.06
Electronic Equipment & Instruments 3.01
Diversified REITs 2.84
Building Products 2.83
Managed Health Care 2.82

May not equal 100% due to rounding.

The holdings are organized according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of Morgan Stanley Capital International Inc. and Standard & Poor's.

 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. The principal risks of investing in the Fund are:

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.

Risks of Mid-Cap Companies. Mid-cap companies generally involve greater risk of loss than larger companies. The prices of securities issued by mid-sized companies may be more volatile and their securities may be less liquid and more difficult to sell than those of larger companies. They may have less established markets, fewer customers and product lines, less management depth and more limited access to financial resources. Mid-cap companies may not pay dividends for some time, if at all.

Risks of Value Investing. Value investing entails the risk that if the market does not recognize that a fund’s securities are undervalued, the prices of those securities might not appreciate as anticipated. A value approach could also result in fewer investments that increase rapidly during times of market gains and could cause a fund to underperform funds that use a growth or non-value approach to investing. Value investing has gone in and out of favor during past market cycles and when value investing is out of favor or when markets are unstable, the securities of “value” companies may underperform the securities of “growth” companies.

Industry and Sector Focus. At times the Fund may increase the relative emphasis of its investments in a particular industry or sector. The prices of stocks of issuers in a particular industry or sector may go up and down in response to changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. To the extent that the Fund increases the relative emphasis of its investments in a particular industry or sector, its share values may fluctuate in response to events affecting that industry or sector. To some extent that risk may be limited by the Fund’s policy of not concentrating its investments in any one industry.

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.
as of 09/20/2019

QVSCX

NAV Change ($)
$50.81 -0.14
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.

Fund Details

  • Distribution Frequency Quarterly
  • NASDAQ QVSCX
  • WSJ Abrev. N/A
  • CUSIP 00900R705
  • Fund Type Equity
  • Geography Type Domestic
  • Inception Date 01/03/1989
  • Fiscal Year End 10/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1673
  • Tax ID 13-6918877