Invesco Oppenheimer Main Street Fund®

Equity | US Equity

Objective & Strategy

The Fund seeks capital appreciation. The strategy typically invests in a diversified mix of larger U.S. company stocks.

as of 10/31/2019

Morningstar Rating

Overall Rating - Large Blend Category

As of 10/31/2019 the Fund had an overall rating of 3 stars out of 1,198 funds and was rated 2 stars out of 1,198 funds, 3 stars out of 1,058 funds and 3 stars out of 801 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 10/31/2019

Top Equity Holdings | View all

  % of Total Assets
Microsoft 7.61
JPMorgan Chase 4.85
Procter & Gamble 3.90
UnitedHealth 3.68
Facebook 'A' 3.67
Amazon 3.60
Prologis 3.40
Berkshire Hathaway 'B' 3.24
Merck 3.19
Lockheed Martin 2.99

May not equal 100% due to rounding.

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

as of 10/31/2019 09/30/2019

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 02/03/1988 N/A 11.15 24.30 14.65 12.30 9.22 12.46
Load 02/03/1988 5.50 10.95 17.46 8.36 10.20 7.99 11.83
NAV 02/03/1988 N/A 11.13 22.25 5.44 11.05 9.28 12.04
Load 02/03/1988 5.50 10.93 15.52 -0.36 8.98 8.05 11.40
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 10/31/2019 09/30/2019

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
S&P 500 Reinvested IX 2.17 2.43 14.33 14.91 10.78 13.70
S&P 500 Reinvested IX 2.17 2.43 14.33 14.91 10.78 13.70
S&P 500 Reinvested IX 1.87 1.70 4.25 13.39 10.84 13.24
S&P 500 Reinvested IX 1.87 1.70 4.25 13.39 10.84 13.24

Source: RIMES Technologies Corp.

Source: RIMES Technologies Corp.

An investment cannot be made directly in an index.

Expense Ratio per Prospectus

Management Fee 0.46
12b-1 Fee 0.25
Other Expenses 0.16
Interest/Dividend Exp N/A
Total Other Expenses 0.16
Acquired Fund Fees and Expenses (Underlying Fund Fees & Expenses) N/A
Total Annual Fund Operating Expenses 0.87
Contractual Waivers/Reimbursements N/A
Net Expenses - PER PROSPECTUS 0.87
Additional Waivers/Reimbursements N/A
Net Expenses - With Additional Fee Reduction 0.87
This information is updated per the most recent prospectus.

Historical Prices

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Distributions

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    Capital Gains Reinvestment
Price ($)
Ex-Date Income Short Term Long Term
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as of 10/31/2019

Sector Breakdown

Holdings % of Total Net Assets
CASH/OTHER 0.80
Communication Services 7.70
Consumer Discretionary 13.50
Consumer Staples 6.90
Energy 5.00
Financials 18.60
Health Care 15.50
Industrials 8.80
Information Technology 17.60
Materials 0.60
Real Estate 3.40
Utilities 1.90

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 10/31/2019

Fund Characteristics

3-Year Alpha -2.19%
3-Year Beta 0.99
3-Year R-Squared 0.96
3-Year Sharpe Ratio 0.87
3-Year Standard Deviation 12.26
Number of Securities 57
Total Assets $9,477,796,738.00
Wghtd Med Mkt Cap MM$ $106,251.00

Source: RIMES Technologies Corp.,StyleADVISOR

Benchmark:  S&P 500 Reinvested IX

as of 10/31/2019

Top Equity Holdings | View all

  % of Total Assets
Microsoft 7.61
JPMorgan Chase 4.85
Procter & Gamble 3.90
UnitedHealth 3.68
Facebook 'A' 3.67
Amazon 3.60
Prologis 3.40
Berkshire Hathaway 'B' 3.24
Merck 3.19
Lockheed Martin 2.99

May not equal 100% due to rounding.

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

as of 10/31/2019

Top Industries

  % of Total Assets
Systems Software 8.35
Pharmaceuticals 6.74
Internet & Direct Marketing Retail 5.96
Interactive Media & Services 5.67
Diversified Banks 5.48
Household Products 5.08
Managed Health Care 3.68
Financial Exchanges & Data 3.67
Industrial REITs 3.40
Multi-Sector Holdings 3.24

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 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.

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 mid-cap 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 Quantitative Models. The portfolio managers use quantitative models as part of the idea generation process. Quantitative models are based upon many factors that measure individual securities relative to each other. Such models, which can be adversely affected by errors or imperfections in the factors or the data on which measurements are based, any technical issues with construction or implementation of the model, or a failure to perform as expected, may not identify securities that perform well in the future.