FDATX: Invesco Oppenheimer Fundamental Alternatives Fund

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FDATX Invesco Oppenheimer Fundamental Alternatives Fund


Profile

FDATX - Profile

Vitals

  • YTD Return -3.7%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $792 M
  • Holdings in Top 10 33.3%

52 WEEK LOW AND HIGH

$25.92
$24.65
$27.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.35%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 289.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style Multialternative

Distributions

  • YTD Total Return -3.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.97%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Oppenheimer Fundamental Alternatives Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 24, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michelle Borré Massick

Fund Description

The fund's Adviser exercises a flexible strategy in selecting its investments. The flexibility of the fund's overall strategy derives from its use of multiple alternative investment strategies to build a portfolio that seeks total return over the long term by investing in instruments believed to have strong risk-adjusted return potential across asset classes.


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Categories

FDATX - Mutual Fund Categories


Performance

FDATX - Performance

Return Ranking - Trailing

Period FDATX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.7% -45.2% 27.0% 53.05%
1 Yr -2.6% -62.3% 31.5% 73.94%
3 Yr N/A* -39.3% 12.9% 58.32%
5 Yr N/A* -36.2% 10.3% 47.11%
10 Yr N/A* -37.1% 11.6% 67.77%

* Annualized

Return Ranking - Calendar

Period FDATX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -50.4% 46.8% N/A
2018 N/A -31.8% 11.7% N/A
2017 N/A -44.7% 46.3% N/A
2016 N/A -29.9% 420.6% N/A
2015 N/A -40.7% 14.6% N/A

Total Return Ranking - Trailing

Period FDATX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.7% -45.2% 27.0% 53.05%
1 Yr -2.6% -62.3% 31.5% 73.94%
3 Yr N/A* -39.3% 12.9% 79.28%
5 Yr N/A* -36.2% 10.3% 77.24%
10 Yr N/A* -37.1% 11.8% 86.16%

* Annualized

Total Return Ranking - Calendar

Period FDATX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -50.4% 46.8% N/A
2018 N/A -27.6% 11.7% N/A
2017 N/A -44.7% 46.3% N/A
2016 N/A -29.9% 420.6% N/A
2015 N/A -36.9% 14.6% N/A

NAV & Total Return History


Holdings

FDATX - Holdings

Concentration Analysis

FDATX Category Low Category High FDATX % Rank
Net Assets 792 M 100 K 153 B 40.52%
Number of Holdings 219 2 13456 43.66%
Net Assets in Top 10 215 M -35.2 M 27.1 B 38.77%
Weighting of Top 10 33.26% 5.5% 100.0% 56.11%

Top 10 Holdings

  1. Jp Morgan Securities Llc 9.82%
  2. Invesco Oppenheimer Fundamentals Alternatives Fd Cayman Ltd 9.29%
  3. Euro Bund Future June 20 2.09%
  4. Rasc Ser 2006-Ks2 1.53% 1.96%
  5. Alphabet Inc A 1.86%
  6. Philip Morris International Inc 1.84%
  7. Lukoil International Finance BV 6.12% 1.76%
  8. Cisco Systems Inc 1.57%
  9. Residential Asset Mortgage Products, Inc. 0.76% 1.54%
  10. Long-Term Euro BTP Future June 20 1.54%

Asset Allocation

Weighting Return Low Return High FDATX % Rank
Cash
43.12% -120.83% 149.68% 5.72%
Bonds
35.58% -7.02% 80.79% 66.74%
Stocks
12.01% -113.74% 77.36% 88.05%
Other
9.29% -4.42% 167.50% 9.77%
Preferred Stocks
0.00% 0.00% 36.61% 92.52%
Convertible Bonds
0.00% -0.67% 52.57% 94.70%

Stock Sector Breakdown

Weighting Return Low Return High FDATX % Rank
Healthcare
22.99% 0.00% 54.35% 3.30%
Technology
19.30% 0.00% 100.00% 41.36%
Industrials
16.43% 0.00% 99.44% 4.73%
Communication Services
9.92% 0.00% 26.69% 31.79%
Financial Services
8.78% 0.00% 62.98% 89.33%
Consumer Cyclical
7.93% 0.00% 33.58% 60.51%
Consumer Defense
5.38% 0.00% 18.41% 78.00%
Utilities
4.67% 0.00% 100.00% 30.80%
Energy
2.43% 0.00% 100.00% 77.67%
Basic Materials
2.18% 0.00% 19.70% 69.53%
Real Estate
0.00% 0.00% 99.96% 98.13%

Stock Geographic Breakdown

Weighting Return Low Return High FDATX % Rank
US
10.58% -112.30% 75.95% 88.15%
Non US
1.43% -3.33% 31.77% 75.16%

Bond Sector Breakdown

Weighting Return Low Return High FDATX % Rank
Cash & Equivalents
49.44% -3.87% 100.00% 6.44%
Corporate
25.24% 0.00% 100.00% 67.46%
Securitized
15.67% 0.00% 85.82% 53.74%
Derivative
7.25% 0.00% 69.90% 11.33%
Government
2.41% 0.00% 90.31% 85.65%
Municipal
0.00% 0.00% 99.50% 88.77%

Bond Geographic Breakdown

Weighting Return Low Return High FDATX % Rank
US
28.79% -8.49% 88.92% 76.61%
Non US
6.79% -14.78% 29.41% 14.97%

Expenses

FDATX - Expenses

Operational Fees

FDATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.35% 0.01% 7.41% 34.75%
Management Fee 0.84% 0.00% 2.00% 81.06%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

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

Trading Fees

FDATX 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.

FDATX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 289.00% 0.00% 574.00% 97.50%

Distributions

FDATX - Distributions

Dividend Yield Analysis

FDATX Category Low Category High FDATX % Rank
Dividend Yield 2.53% 0.00% 10.27% 0.83%

Dividend Distribution Analysis

FDATX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

FDATX Category Low Category High FDATX % Rank
Net Income Ratio 2.97% -5.24% 6.65% 13.01%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FDATX - Fund Manager Analysis

Managers

Michelle Borré Massick


Start Date

Tenure

Tenure Rank

Nov 14, 2011

8.47

8.5%

Michelle Elena Borré Massick, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2019. Prior to that, Ms. Borré Massick was associated with OppenheimerFunds, a global asset management firm, since 2003.

Timothy Mulvihill


Start Date

Tenure

Tenure Rank

Jun 21, 2019

0.86

0.9%

Timothy Mulvihill, Portfolio Manager, who has been associated with Invesco and/or its affiliates since 2019. Prior to this, Mr. Mulvihill was associated with OppenheimerFunds, a global asset management firm, since 2012. He served as a senior analyst for the OppenheimerFunds Value team. He joined the OppenheimerFunds in July 2012 and specializes in opportunistic investments including fixed income and non-traditional asset classes. Before joining that firm, he spent seven years covering high yield and distressed credit at Stark Investments and Courage Capital. His previous experience also includes starting his investment career with Brown Brothers Harriman and Credit Suisse. Tim holds a B.A. from Yale University and earned his MBA from the University of Chicago. He has earned the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.35 6.95 0.33