Invesco Oppenheimer Value Fund

Equity | US Equity

Objective & Strategy

The Fund seeks capital appreciation. The strategy typically invests primarily in large company value stocks.

as of 08/31/2019

Morningstar Rating

Overall Rating - Large Value Category

As of 08/31/2019 the Fund had an overall rating of 2 stars out of 1086 funds and was rated 2 stars out of 1086 funds, 2 stars out of 950 funds and 2 stars out of 694 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
Citi 5.25
Bank of America 4.87
JPMorgan Chase 3.78
AIG 2.81
Microsoft 2.46
Royal Dutch Shell 'A' 2.43
General Motors 2.36
Anthem 2.31
eBay 2.28
Kimberly-Clark 2.24

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 09/16/1985 N/A 9.28 11.79 -3.91 7.06 4.69 8.95
Load 09/16/1985 5.50 9.10 5.62 -9.21 5.06 3.51 8.33
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 (%)
Russell 1000 Value IX Tr -2.94 4.89 0.62 8.08 6.59 11.49
Russell 1000 Value IX Tr -2.94 4.89 0.62 8.08 6.59 11.49
Russell 1000 Value IX Tr 7.18 3.84 8.46 10.19 7.46 13.19
Russell 1000 Value IX Tr 7.18 3.84 8.46 10.19 7.46 13.19

Source: RIMES Technologies Corp.

Source: RIMES Technologies Corp.

An investment cannot be made directly in an index.

Expense Ratio per Prospectus

Management Fee 0.48
12b-1 Fee 0.25
Other Expenses 0.19
Interest/Dividend Exp N/A
Total Other Expenses 0.19
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) N/A
Total Annual Fund Operating Expenses 0.92
Contractual Waivers/Reimbursements N/A
Net Expenses - PER PROSPECTUS 0.92
Additional Waivers/Reimbursements N/A
Net Expenses - With Additional Fee Reduction 0.92
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 0.1768 N/A N/A 33.833
06/20/2019 0.1405 N/A N/A 33.552
03/19/2019 0.1106 N/A N/A 32.502
12/10/2018 0.1328 0.2417 3.5983 30.429
09/18/2018 0.1395 N/A N/A 38.233
06/19/2018 0.1335 N/A N/A 37.161
03/20/2018 0.1188 N/A N/A 37.518
12/11/2017 0.1323 N/A 1.6597 36.895
09/19/2017 0.1288 N/A N/A 36.886
06/20/2017 0.0874 N/A N/A 36.068
03/21/2017 0.0200 N/A N/A 34.908
12/08/2016 0.2344 N/A N/A 34.39
09/20/2016 0.1032 N/A N/A 31.543
06/21/2016 0.0828 N/A N/A 30.848
03/22/2016 0.1098 N/A N/A 30.329
12/10/2015 0.0933 N/A N/A 30.823
09/22/2015 0.0890 N/A N/A 30.086
06/16/2015 0.0985 N/A N/A 33.084
03/17/2015 0.0884 N/A N/A 32.124
12/01/2014 0.0803 N/A N/A 31.914
09/16/2014 0.0786 N/A N/A 31.961
06/17/2014 0.1038 N/A N/A 31.42
03/18/2014 0.1418 N/A N/A 29.748
12/02/2013 0.3511 N/A N/A 28.816
12/03/2012 0.3064 N/A N/A 22.444
12/05/2011 0.2500 N/A N/A 20.543
12/02/2010 0.1529 N/A N/A 21.08
12/02/2009 0.2760 N/A N/A 19.191
12/02/2008 0.2650 N/A N/A 13.332
12/04/2007 0.2522 0.6146 1.2834 25.593
12/04/2006 0.2085 0.2795 0.5837 25.85
12/02/2005 0.1715 0.3622 0.6654 23.582
12/02/2004 0.1092 N/A 0.1913 22.388
12/04/2003 0.0463 N/A N/A 19.212
12/05/2002 0.0340 N/A N/A 15.336
12/06/2001 0.0128 N/A N/A 17.461
12/04/2000 0.1757 N/A N/A 16.009
12/08/1999 0.1608 0.5887 2.3961 17.358
12/29/1998 0.1665 N/A 0.8567 21.778
04/24/1998 0.0154 N/A N/A 23.344
12/29/1997 0.1079 0.6789 2.0845 20.648
12/30/1996 0.0706 0.2551 1.1578 19.601
06/18/1996 0.0950 0.0350 0.0840 18.65
12/28/1995 0.1198 0.3003 0.8512 17.75
08/24/1995 0.0003 0.0900 N/A 17.26
06/27/1995 0.1293 N/A N/A 16.48
12/29/1994 0.1043 N/A 0.4794 14.22
08/11/1994 0.0001 N/A 0.1454 14.97
06/27/1994 0.1106 N/A N/A 14.41
12/29/1993 0.1192 0.5205 0.8449 15.19
08/05/1993 0.0016 N/A N/A 15.72
06/25/1993 0.1771 0.1635 0.1719 15.55
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

Fund Characteristics

3-Year Alpha -1.07%
3-Year Beta 1.03
3-Year R-Squared 0.96
3-Year Sharpe Ratio 0.43
3-Year Standard Deviation 12.83
Number of Securities 50
Total Assets $1,290,615,955.00
Wghtd Med Mkt Cap MM$ $68,820.00

Source: RIMES Technologies Corp., StyleADVISOR

Benchmark:  Russell 1000 Value IX Tr

as of 08/31/2019

Top Equity Holdings | View all

% of Total Assets
Citi 5.25
Bank of America 4.87
JPMorgan Chase 3.78
AIG 2.81
Microsoft 2.46
Royal Dutch Shell 'A' 2.43
General Motors 2.36
Anthem 2.31
eBay 2.28
Kimberly-Clark 2.24

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
Diversified Banks 15.56
Integrated Oil & Gas 8.41
Oil & Gas Exploration & Production 7.98
Semiconductors 4.25
Regional Banks 3.84
Tobacco 3.72
Electrical Components & Equipment 3.40
Pharmaceuticals 3.19
Cable & Satellite 3.14
Investment Banking & Brokerage 3.11

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 Other Equity Securities. Most convertible securities are subject to the risks and price fluctuations of the underlying stock. They may be subject to the risk that the issuer will not be able to pay interest or dividends when due and their market value may change based on changes in the issuer’s credit rating or the market’s perception of the issuer’s creditworthiness. Some convertible preferred stocks have a conversion or call feature that allows the issuer to redeem the stock before the conversion date, which could diminish the potential for capital appreciation on the investment. The fixed dividend rate of preferred stocks may cause their prices to behave more like those of debt securities. If interest rates rise, the value of preferred stock having a fixed dividend rate tends to fall. Preferred stock generally ranks behind debt securities in claims for dividends and assets of the issuer in a liquidation or bankruptcy. The price of a warrant does not necessarily move parallel to the price of the underlying security and is generally more volatile than that of the underlying security. Rights are similar to warrants, but normally have a shorter duration. The market for rights or warrants may be very limited and it may be difficult to sell them promptly at an acceptable price. Rights and warrants have no voting rights, receive no dividends and have no rights with respect to the assets of the issuer.

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 Small- and Mid-Cap Companies. Small-cap companies may be either established or newer companies, including “unseasoned” companies that have typically been in operation for less than three years. Mid-cap companies are generally companies that have completed their initial startup cycle, and in many cases have established markets and developed seasoned market teams. While smaller companies might offer greater opportunities for gain than larger companies, they also may involve greater risk of loss. They may be more sensitive to changes in a company’s earnings expectations and may experience more abrupt and erratic price movements. Small- and mid-cap companies’ securities may trade in lower volumes and it might be harder for the Fund to dispose of its holdings at an acceptable price when it wants to sell them. Small- and mid-cap companies may not have established markets for their products or services and may have fewer customers and product lines. They may have more limited access to financial resources and may not have the financial strength to sustain them through business downturns or adverse market conditions. Since small- and mid-cap companies typically reinvest a high proportion of their earnings in their business, they may not pay dividends for some time, particularly if they are newer companies. Small- and midcap companies may have unseasoned management or less depth in management skill than larger, more established companies. They may be more reliant on the efforts of particular members of their management team and management changes may pose a greater risk to the success of the business. It may take a substantial period of time before the Fund realizes a gain on an investment in a small- or mid-cap company, if it realizes any gain 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.

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

CGRWX

NAV Change ($)
$33.70 -0.13
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 CGRWX
  • WSJ Abrev. N/A
  • CUSIP 00143N628
  • Fund Type Equity
  • Geography Type Domestic
  • Inception Date 09/16/1985
  • Fiscal Year End 10/31
  • Min Initial Investment $1,000
  • Subsequent Investment $50
  • Min Initial IRA Investment $250
  • Fund Number 1500
  • Tax ID 06-1207337