GLALX: Invesco Oppenheimer Global Allocation Fund

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GLALX Invesco Oppenheimer Global Allocation Fund


Profile

GLALX - Profile

Vitals

  • YTD Return -2.4%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $1.24 B
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$18.50
$15.06
$19.30

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.93%

SALES FEES

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

BROKERAGE FEES

  • Turnover 52.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return -2.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.11%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Invesco Oppenheimer Global Allocation Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 24, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alessio de Longis

Fund Description

The fund allocates its assets among equity securities, fixed-income securities, and various other types of investments, from all over the world. Generally, there are no geographic restrictions on where the fund may invest and no restrictions on the amount of the fund's assets that can be invested in either U.S. or foreign securities, including securities of issuers in developing and emerging markets. The fund may invest in debt securities of any kind and of varying duration and maturities. It may invest in below-investment-grade debt securities (commonly referred to as junk bonds), including distressed securities.


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Categories

Performance

GLALX - Performance

Return Ranking - Trailing

Period GLALX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.4% -26.8% 7.9% 46.13%
1 Yr 1.9% -35.2% 15.4% 13.91%
3 Yr N/A* -22.9% 5.9% 17.74%
5 Yr N/A* -23.3% 19.1% 17.12%
10 Yr N/A* -14.9% 11.0% 27.07%

* Annualized

Return Ranking - Calendar

Period GLALX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -21.7% 32.8% N/A
2018 N/A -35.5% 3.9% N/A
2017 N/A -15.9% 20.0% N/A
2016 N/A -13.3% 210.7% N/A
2015 N/A -71.0% 5.0% N/A

Total Return Ranking - Trailing

Period GLALX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.4% -26.8% 7.9% 46.13%
1 Yr 1.9% -35.2% 15.4% 13.77%
3 Yr N/A* -22.9% 6.2% 20.09%
5 Yr N/A* -23.3% 27.2% 22.83%
10 Yr N/A* -14.9% 13.5% 62.01%

* Annualized

Total Return Ranking - Calendar

Period GLALX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -21.7% 32.8% N/A
2018 N/A -35.5% 3.9% N/A
2017 N/A -15.9% 21.6% N/A
2016 N/A -13.3% 233.7% N/A
2015 N/A -71.0% 6.6% N/A

NAV & Total Return History


Holdings

GLALX - Holdings

Concentration Analysis

GLALX Category Low Category High GLALX % Rank
Net Assets 1.24 B 955 K 13.1 B 18.82%
Number of Holdings 466 4 3984 31.18%
Net Assets in Top 10 1.2 B -1.28 B 61.2 B 9.07%
Weighting of Top 10 N/A 5.6% 288.6% 3.80%

Top 10 Holdings

  1. 2 Year Treasury Note Future June 20 42.29%
  2. Invesco Russell 1000® Dynamic Mltfct ETF 19.33%
  3. 5 Year Treasury Note Future June 20 14.82%
  4. Invesco Oppenheimer MtrEvnt-Lk Bd R6 9.08%
  5. E-mini S&P 500 Future June 20 8.38%
  6. iShares Short-Term Corporate Bond ETF 6.15%
  7. MSCI Emerging Markets Index Future June 20 5.64%
  8. United States Treasury Notes 1.12% 3.87%
  9. United States Treasury Notes 1.62% 3.65%
  10. SGX 10 Year Mini Japanese Government Bond Future June 20 3.37%

Asset Allocation

Weighting Return Low Return High GLALX % Rank
Bonds
93.26% 72.37% 7856.50% 58.02%
Stocks
57.75% -99.58% 110.51% 5.08%
Other
10.20% -11.63% 87.97% 8.79%
Convertible Bonds
0.29% 0.00% 17.63% 56.59%
Preferred Stocks
0.10% 0.00% 5.22% 11.40%
Cash
-61.59% -7776.08% 27.29% 86.26%

Stock Sector Breakdown

Weighting Return Low Return High GLALX % Rank
Technology
22.17% -0.38% 100.00% 7.97%
Financial Services
13.75% -0.26% 100.00% 49.36%
Consumer Cyclical
12.80% -0.20% 100.00% 10.80%
Healthcare
11.74% -0.22% 100.00% 36.76%
Industrials
11.30% -0.16% 90.55% 14.40%
Consumer Defense
10.04% -0.12% 38.22% 19.02%
Communication Services
8.69% -0.05% 100.00% 19.28%
Basic Materials
4.41% -0.04% 100.00% 41.90%
Real Estate
2.36% -0.04% 24.42% 34.45%
Energy
1.64% -0.08% 100.00% 68.38%
Utilities
1.09% -0.05% 79.09% 48.33%

Stock Geographic Breakdown

Weighting Return Low Return High GLALX % Rank
US
39.30% -99.46% 102.31% 4.81%
Non US
18.45% -5.45% 100.37% 7.55%

Bond Sector Breakdown

Weighting Return Low Return High GLALX % Rank
Government
61.80% -0.16% 263.38% 31.59%
Derivative
31.09% -0.31% 70.24% 14.42%
Corporate
4.56% 0.00% 93.46% 78.85%
Cash & Equivalents
2.55% -221.24% 46.44% 80.08%
Securitized
0.00% 0.00% 90.58% 96.02%
Municipal
0.00% 0.00% 38.08% 95.47%

Bond Geographic Breakdown

Weighting Return Low Return High GLALX % Rank
US
49.65% -36.68% 7821.06% 32.14%
Non US
43.61% -12.44% 329.40% 73.35%

Expenses

GLALX - Expenses

Operational Fees

GLALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.93% 0.01% 38.91% 74.31%
Management Fee 0.78% 0.00% 1.77% 75.55%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

GLALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

GLALX 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.

GLALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.00% 0.00% 475.00% 30.94%

Distributions

GLALX - Distributions

Dividend Yield Analysis

GLALX Category Low Category High GLALX % Rank
Dividend Yield 0.11% 0.00% 2.74% 7.13%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

GLALX Category Low Category High GLALX % Rank
Net Income Ratio 1.11% -1.05% 11.37% 89.49%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

GLALX - Fund Manager Analysis

Managers

Alessio de Longis


Start Date

Tenure

Tenure Rank

Apr 28, 2015

5.1

5.1%

Alessio de Longis, CFA, has been a portfolio manager since April 29, 2016. Mr. de Longis has been a Vice President of OppenheimerFunds, Inc. since June 2010. He was an Assistant Vice President of the OppenheimerFunds, Inc. from May 2009 to June 2010, a Senior Research Analyst of OppenheimerFunds, Inc. from January 2008 to June 2010, an Intermediate Research Analyst of OppenheimerFunds, Inc. from January 2006 to January 2008 and a Junior Analyst with OppenheimerFunds, Inc. from February 2004 to January 2006.

Duy Nguyen


Start Date

Tenure

Tenure Rank

Apr 30, 2020

0.08

0.1%

Duy Nguyen serves as Chief Investment Officer and Portfolio Manager for Invesco Global Solutions Development and Implementation. He has been with Invesco since 2000, most recently on the Invesco Global Quantitative Strategies team. Previously, he was assistant vice president and quantitative equity analyst with Van Kampen American Capital, and vice president and director of quantitative services for FactSet Research Systems.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.2 6.03 10.76