Invesco EQV Emerging Markets All Cap Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
47.9%
1 yr return
76.3%
3 Yr Avg Return
24.7%
5 Yr Avg Return
8.9%
Net Assets
$1.21 B
Holdings in Top 10
46.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.98%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GTDFX - Profile
Distributions
- YTD Total Return 47.9%
- 3 Yr Annualized Total Return 24.7%
- 5 Yr Annualized Total Return 8.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.99%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInvesco EQV Emerging Markets All Cap Fund
-
Fund Family NameINVESCOFDS
-
Inception DateSep 24, 2012
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerShuxin (Steve) Cao
Fund Description
Effective June 23, 2025:
| 1. | The following information is removed from the “Principal Investment Strategies of the Fund” and “Objective(s) and Strategies” sections of the Summary and Statutory Prospectuses: |
The Fund invests primarily in securities of issuers that are considered by the Fund's portfolio managers to have potential for earnings or revenue growth.
| 2. | The following information replaces the last three paragraphs under the heading “Principal Investment Strategies of the Fund” in the Summary and Statutory Prospectuses and the twelfth through fourteenth paragraphs under the heading “Objective(s) and Strategies” in the Statutory Prospectus: |
In selecting investments for the Fund, the portfolio managers evaluate investment opportunities on a company-by-company basis. This approach includes fundamental analysis of a company’s financial statements, management record, capital structure, operations, product development, and competitive position in its industry. The portfolio managers seek to take advantage of inefficiencies in the market and to buy shares of companies that they believe are trading below their intrinsic value. The portfolio managers seek to hold a diverse mix of industries and countries to help reduce the risks of foreign investing, such as currency fluctuations and stock market volatility. The portfolio managers may invest in companies of different capitalization ranges in any developing market country. The portfolio managers monitor individual issuers for changes in the factors above, which may trigger a decision to sell a security.
Effective on or about August 22, 2025:
| 1. | The Fund is renamed “Invesco Emerging Markets ex-China Fund.” |
| 2. | The following information regarding the Fund’s new 80% investment policy replaces in its entirety similar information appearing in the strategies sections of the Fund’s Summary and Statutory Prospectuses: |
The Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of issuers in emerging markets countries, i.e., those that are generally in the early stages of their industrial cycles, excluding China, and in derivatives and other instruments that have economic characteristics similar to such securities.
| 3. | The following information regarding the Fund’s investments in China is removed from the strategies sections of the Fund’s Summary and Statutory Prospectuses: |
The Fund’s common stock investments also include China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange).
GTDFX - Performance
Return Ranking - Trailing
| Period | GTDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 47.9% | -18.5% | 102.9% | 4.27% |
| 1 Yr | 76.3% | -14.2% | 239.7% | 7.75% |
| 3 Yr | 24.7%* | -0.2% | 66.1% | 45.17% |
| 5 Yr | 8.9%* | -11.3% | 25.5% | 27.26% |
| 10 Yr | 10.9%* | 0.8% | 21.5% | 41.69% |
* Annualized
Return Ranking - Calendar
| Period | GTDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 6.6% | -39.1% | 56.9% | 94.79% |
| 2024 | -1.8% | -24.0% | 31.7% | 85.96% |
| 2023 | 7.1% | -6.5% | 35.5% | 65.09% |
| 2022 | -18.7% | -50.1% | -2.4% | 14.17% |
| 2021 | -11.0% | -33.1% | 22.5% | 74.39% |
Total Return Ranking - Trailing
| Period | GTDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 47.9% | -18.5% | 102.9% | 4.27% |
| 1 Yr | 76.3% | -14.2% | 239.7% | 7.75% |
| 3 Yr | 24.7%* | -0.2% | 66.1% | 45.17% |
| 5 Yr | 8.9%* | -11.3% | 25.5% | 27.26% |
| 10 Yr | 10.9%* | 0.8% | 21.5% | 41.69% |
* Annualized
Total Return Ranking - Calendar
| Period | GTDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 30.3% | 0.1% | 87.2% | 60.73% |
| 2024 | -0.3% | -16.6% | 31.7% | 90.22% |
| 2023 | 9.2% | -2.5% | 42.0% | 66.19% |
| 2022 | -17.4% | -42.2% | 1.9% | 19.22% |
| 2021 | -6.6% | -32.5% | 33.1% | 81.83% |
NAV & Total Return History
GTDFX - Holdings
Concentration Analysis
| GTDFX | Category Low | Category High | GTDFX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.21 B | 682 K | 160 B | 43.53% |
| Number of Holdings | 58 | 10 | 7640 | 82.97% |
| Net Assets in Top 10 | 525 M | 290 K | 47.3 B | 37.70% |
| Weighting of Top 10 | 46.20% | 2.9% | 107.6% | 20.06% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co. Ltd. 15.58%
- Samsung Electronics Co., Ltd. 8.73%
- HDFC Bank Ltd., ADR 3.79%
- Kasikornbank PCL, Foreign Shares 3.05%
- Saudi National Bank (The) 2.82%
- Yageo Corp. 2.49%
- MediaTek Inc. 2.49%
- Samsung Electronics Co., Ltd., Preference Shares 2.46%
- Naspers Ltd. 2.45%
- Petroleo Brasileiro S.A. PETROBRAS, ADR 2.36%
Asset Allocation
| Weighting | Return Low | Return High | GTDFX % Rank | |
|---|---|---|---|---|
| Stocks | 96.35% | 0.00% | 102.89% | 61.04% |
| Preferred Stocks | 3.79% | 0.00% | 12.21% | 12.15% |
| Cash | 1.75% | -2.03% | 17.54% | 47.00% |
| Other | 0.00% | -0.56% | 10.07% | 71.29% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 72.02% |
| Bonds | 0.00% | 0.00% | 138.18% | 74.76% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GTDFX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 21.65% | 0.00% | 48.94% | 7.04% |
| Consumer Defense | 18.43% | 0.00% | 25.90% | 1.92% |
| Technology | 16.53% | 0.00% | 47.50% | 85.76% |
| Financial Services | 14.33% | 0.00% | 48.86% | 90.72% |
| Communication Services | 9.71% | 0.00% | 39.29% | 41.28% |
| Real Estate | 6.93% | 0.00% | 17.15% | 4.64% |
| Healthcare | 6.83% | 0.00% | 16.53% | 20.64% |
| Industrials | 5.59% | 0.00% | 43.53% | 58.72% |
| Utilities | 0.00% | 0.00% | 39.12% | 91.04% |
| Energy | 0.00% | 0.00% | 24.80% | 96.80% |
| Basic Materials | 0.00% | 0.00% | 30.03% | 98.40% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GTDFX % Rank | |
|---|---|---|---|---|
| Non US | 77.11% | 0.00% | 100.93% | 81.86% |
| US | 19.24% | 0.00% | 96.45% | 16.25% |
GTDFX - Expenses
Operational Fees
| GTDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.98% | 0.02% | 26.99% | 73.89% |
| Management Fee | 0.88% | 0.00% | 1.50% | 53.08% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| GTDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| GTDFX 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.
| GTDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 189.00% | 25.00% |
GTDFX - Distributions
Dividend Yield Analysis
| GTDFX | Category Low | Category High | GTDFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.36% | 0.00% | 9.74% | 46.85% |
Dividend Distribution Analysis
| GTDFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| GTDFX | Category Low | Category High | GTDFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.99% | -1.98% | 17.62% | 41.60% |
Capital Gain Distribution Analysis
| GTDFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2025 | $1.658 | OrdinaryDividend |
| Dec 11, 2025 | $0.279 | CapitalGainShortTerm |
| Dec 11, 2025 | $5.611 | CapitalGainLongTerm |
| Dec 12, 2024 | $0.516 | OrdinaryDividend |
| Dec 13, 2023 | $0.636 | OrdinaryDividend |
| Dec 14, 2022 | $0.502 | OrdinaryDividend |
| Dec 14, 2021 | $1.876 | OrdinaryDividend |
| Dec 15, 2020 | $2.324 | OrdinaryDividend |
| Dec 13, 2019 | $0.722 | OrdinaryDividend |
| Dec 14, 2018 | $0.634 | OrdinaryDividend |
| Dec 13, 2017 | $0.415 | OrdinaryDividend |
| Dec 13, 2016 | $0.370 | OrdinaryDividend |
| Dec 12, 2014 | $0.559 | CapitalGainLongTerm |
| Dec 12, 2014 | $0.489 | OrdinaryDividend |
| Dec 13, 2013 | $0.095 | CapitalGainLongTerm |
| Dec 13, 2013 | $0.418 | OrdinaryDividend |
| Dec 07, 2012 | $0.392 | OrdinaryDividend |
GTDFX - Fund Manager Analysis
Managers
Shuxin (Steve) Cao
Start Date
Tenure
Tenure Rank
May 26, 2003
19.03
19.0%
Steve Cao is a senior portfolio manager for Invesco international/global growth strategies. He began his investment career in 1993 as an international equity analyst specializing in Asian securities at Boatmen’s Trust Co. In 1997, he joined Invesco and continued as an international equity analyst with a focus on Asia and Latin America until assuming his present duties in 1999. A native of Tianjin, China, Mr. Cao earned a Bachelor of Arts degree in English from the Tianjin Foreign Language Institute and a MBA from Texas A&M University. He is a CPA and a CFA.
Borge Endresen
Start Date
Tenure
Tenure Rank
May 26, 2003
19.03
19.0%
Borge Endresen joined Invesco in 1999. He was promoted to portfolio manager for international growth and emerging markets strategies in 2002. He was previously an associate financial consultant with Merrill Lynch. Borge Endresen started in the industry in 1995. A native of Stavanger, Norway, Mr. Endresen graduated summa cum laude from the University of Oregon with a Bachelor of Science degree in finance. He earned a Master of Business Administration degree from The University of Texas at Austin. He is a CFA charterholder.
Mark Jason
Start Date
Tenure
Tenure Rank
Feb 27, 2009
13.26
13.3%
Mr. Jason Began his investment career in 1998 and joined Invesco in 2001 as a senior equities analyst on the Asia Pacific/Latin America team. He assumed his current resonsibilities as portfolio manager in 2008. Beginning in 1998 prior to joining Invesco, Mr. Jason was assistant vice president at Merrill Lynch in Santiago, Chile, where he worked as a sell-side research analyst on their Latin American team. Mr. Jason earned both a Bachelor of Science degree in finance and a Bachelor of Scinece degree in real estate from California State University at Northridge. He is a CFA charterholder.
Brently Bates
Start Date
Tenure
Tenure Rank
Feb 28, 2014
8.26
8.3%
Brent Bates is a portfolio manager for the Invesco advisers, Inc. He was a senior analyst with the international Growth team from 2005 until he was promoted to portfolio manager in 2011. Mr. Bates joined invesco in 1996 as a mutual fund accountant. In 1998, he became an analyst on the Quantitative Analysis team. From 2002 to 2005, he served as an analyst for the Large/Multi-Cap Growth team, responsible for the energy, industrials and technology sectores. Mr. Bates earned a Bachelor of Business Administration degree from Texas A&M University. He is a CFA charter holder and CPA.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.79 | 13.42 |