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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Developing Markets Fund

ODMAX | Fund

$42.61

$8.76 B

0.38%

$0.16

1.26%

Vitals

YTD Return

21.6%

1 yr return

45.7%

3 Yr Avg Return

15.6%

5 Yr Avg Return

1.7%

Net Assets

$8.76 B

Holdings in Top 10

44.4%

52 WEEK LOW AND HIGH

$41.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.26%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Developing Markets Fund

ODMAX | Fund

$42.61

$8.76 B

0.38%

$0.16

1.26%

ODMAX - Profile

Distributions

  • YTD Total Return 21.6%
  • 3 Yr Annualized Total Return 15.6%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.20%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Invesco Developing Markets Fund
  • Fund Family Name
    OppenheimerFunds
  • Inception Date
    Nov 18, 1996
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Justin Leverenz

Fund Description

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 focuses on companies that the portfolio manager believes have above-average earnings growth.

2. The following information replaces the sixth paragraph under the heading “Principal Investment Strategies of the Fund” in the Summary and Statutory Prospectuses and seventh paragraph 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.

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ODMAX - Performance

Return Ranking - Trailing

Period ODMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.6% -18.5% 102.9% 67.04%
1 Yr 45.7% -14.2% 239.7% 67.83%
3 Yr 15.6%* -0.2% 66.1% 90.32%
5 Yr 1.7%* -11.3% 25.5% 92.15%
10 Yr 7.9%* 0.8% 21.5% 87.44%

* Annualized

Return Ranking - Calendar

Period ODMAX Return Category Return Low Category Return High Rank in Category (%)
2025 -9.7% -39.1% 56.9% 97.31%
2024 -1.4% -24.0% 31.7% 84.52%
2023 10.6% -6.5% 35.5% 30.70%
2022 -25.6% -50.1% -2.4% 63.30%
2021 -11.9% -33.1% 22.5% 78.34%

Total Return Ranking - Trailing

Period ODMAX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.6% -18.5% 102.9% 67.04%
1 Yr 45.7% -14.2% 239.7% 67.83%
3 Yr 15.6%* -0.2% 66.1% 90.32%
5 Yr 1.7%* -11.3% 25.5% 92.15%
10 Yr 7.9%* 0.8% 21.5% 87.44%

* Annualized

Total Return Ranking - Calendar

Period ODMAX Return Category Return Low Category Return High Rank in Category (%)
2025 28.3% 0.1% 87.2% 72.04%
2024 -1.4% -16.6% 31.7% 93.05%
2023 11.2% -2.5% 42.0% 50.63%
2022 -25.2% -42.2% 1.9% 71.62%
2021 -7.5% -32.5% 33.1% 86.48%

NAV & Total Return History

ODMAX - Holdings

Concentration Analysis

ODMAX Category Low Category High ODMAX % Rank
Net Assets 8.76 B 682 K 160 B 14.38%
Number of Holdings 77 10 7640 69.19%
Net Assets in Top 10 4.05 B 290 K 47.3 B 12.16%
Weighting of Top 10 44.38% 2.9% 107.6% 31.17%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co. Ltd. 11.62%
  2. Samsung Electronics Co., Ltd. 7.47%
  3. Tencent Holdings Ltd. 6.44%
  4. HDFC Bank Ltd. 3.77%
  5. AIA Group Ltd. 2.82%
  6. Petroleo Brasileiro S.A. PETROBRAS, ADR 2.80%
  7. Vale S.A., ADR 2.50%
  8. H World Group Ltd., ADR 2.38%
  9. Anglo American PLC 2.31%
  10. Alibaba Group Holding Ltd. 2.27%

Asset Allocation

Weighting Return Low Return High ODMAX % Rank
Stocks 		98.28% 0.00% 102.89% 29.54%
Preferred Stocks 		0.86% 0.00% 12.21% 44.71%
Cash 		0.86% -2.03% 17.54% 73.30%
Other 		0.00% -0.56% 10.07% 79.78%
Convertible Bonds 		0.00% 0.00% 7.40% 80.25%
Bonds 		0.00% 0.00% 138.18% 81.99%

Stock Sector Breakdown

Weighting Return Low Return High ODMAX % Rank
Financial Services 		23.25% 0.00% 48.86% 36.86%
Technology 		20.00% 0.00% 47.50% 66.35%
Consumer Cyclical 		18.19% 0.00% 48.94% 10.74%
Communication Services 		10.45% 0.00% 39.29% 33.81%
Consumer Defense 		8.82% 0.00% 25.90% 22.60%
Basic Materials 		7.27% 0.00% 30.03% 62.02%
Healthcare 		6.36% 0.00% 16.53% 22.92%
Industrials 		3.50% 0.00% 43.53% 84.29%
Real Estate 		2.15% 0.00% 17.15% 35.26%
Utilities 		0.00% 0.00% 39.12% 93.91%
Energy 		0.00% 0.00% 24.80% 97.12%

Stock Geographic Breakdown

Weighting Return Low Return High ODMAX % Rank
Non US 		80.83% 0.00% 100.93% 71.41%
US 		17.45% 0.00% 96.45% 20.22%

ODMAX - Expenses

Operational Fees

ODMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.02% 26.99% 49.76%
Management Fee 0.77% 0.00% 1.50% 38.92%
12b-1 Fee 0.25% 0.00% 1.00% 52.49%
Administrative Fee N/A 0.01% 0.85% N/A

Sales Fees

ODMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 3.50% 5.75% 49.37%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ODMAX 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.

ODMAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 189.00% 22.07%

ODMAX - Distributions

Dividend Yield Analysis

ODMAX Category Low Category High ODMAX % Rank
Dividend Yield 0.38% 0.00% 9.74% 85.78%

Dividend Distribution Analysis

ODMAX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

ODMAX Category Low Category High ODMAX % Rank
Net Income Ratio 0.20% -1.98% 17.62% 72.88%

Capital Gain Distribution Analysis

ODMAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

View More +

ODMAX - Fund Manager Analysis

Managers

Justin Leverenz

Start Date

Tenure

Tenure Rank

May 01, 2007

15.09

15.1%

Mr. Leverenz has been a Director of Emerging Markets Equities Oppenheimer since January 2013, a Senior Vice President of the Sub-Adviser since November 2009 and was a Vice President of Oppenheimer from July 2004 to October 2009. Mr. Leverenz was the Head of Research in Taiwan and Director of Pan-Asian Technology Research for Goldman Sachs from 2002 to 2004. He was an Analyst and Head of Equity Research in Taiwan for Barclays de Zoete Wedd (now Credit Suisse) from 1993 to 1995 and from 1997 to 2000, respectively. He was a portfolio manager at Martin Currie Investment Management from 1995 to 1997.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.79 13.42

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