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Trending ETFs

Name

As of 04/22/2024

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

$24.57

$1.54 B

1.14%

$0.29

0.66%

Vitals

YTD Return

9.7%

1 yr return

2.9%

3 Yr Avg Return

-2.5%

5 Yr Avg Return

13.0%

Net Assets

$1.54 B

Holdings in Top 10

38.1%

52 WEEK LOW AND HIGH

$25.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.66%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 43.00%

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 04/22/2024

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

$24.57

$1.54 B

1.14%

$0.29

0.66%

OGMIX - Profile

Distributions

  • YTD Total Return 9.7%
  • 3 Yr Annualized Total Return -2.5%
  • 5 Yr Annualized Total Return 13.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.60%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Invesco Gold & Special Minerals Fund
  • Fund Family Name
    OppenheimerFunds
  • Inception Date
    Oct 26, 2012
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Shanquan Li

Fund Description

The Fund invests mainly in common stocks of companies that are involved in mining, processing or dealing in gold or other metals or minerals, gold bullion, other physical metals, and precious metals-related ETFs and may invest all of its assets in those securities. Under normal market conditions, at least 80% of the Fund’s net assets, plus any borrowings for investment purposes, will be invested in those securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund will concentrate its investments without limit in the metals, mining and minerals industries. The Fund is non-diversified, which means it can invest a greater percentage of its assets in a small group of issuers or any one issuer than a diversified fund can. However,the Fund is currently managed as a diversified fund and it is anticipated that, as of December 23, 2023, the Fund will no longer be classified as a non-diversified fund and all references to the Fund operating as non-diversified are removed from the Fund's prospectus and SAI.
The Fund may invest up to 20% of its total assets in gold or silver bullion, in other precious metals, in metals naturally occurring with precious metals, in certificates representing an ownership interest in those metals, and in gold or silver coins. The Fund’s investment in shares of exchange-traded funds and other exchange-traded products that invest in gold bullion (Gold ETFs) are subject to this investment restriction.
The Fund may invest in U.S. or foreign companies, including companies in developing or emerging markets, i.e., those that are generally in the early stages of their industrial cycles. The Fund has no limit on its foreign investments. The Fund may buy securities issued by companies of any size or market capitalization range and at times might increase its emphasis on securities of issuers in a particular capitalization range.
As part of its process for identifying investment opportunities, the Fund relies primarily on evaluations of a company’s fundamentals. It also assesses a company’s financial statements and management structure, as well as the company’s operations and new developments. To arrive at buy and sell decisions, the Fund considers the growth potential and the valuations of the stocks of particular companies.
The Fund can also invest up to 25% of its total assets in the Subsidiary. The Subsidiary will invest in gold bullion and other precious metals, Gold ETFs, commodity-linked derivatives related to gold or other special minerals (including commodity futures, financial futures, options and swap contracts), and certain fixed-income securities and other investments that may serve as margin or collateral for its derivatives positions. Investments in the Subsidiary are intended to provide the Fund with exposure to minerals commodities market returns within the limitations of the federal tax requirements that apply to the Fund. In managing the Subsidiary's portfolio, Invesco Advisers, Inc.(the “Adviser”) will be subject to the same operational
guidelines that applyto the management of the Fund. The Fund applies its investment restrictions and compliance policies and procedures, on a look-through basis, to the Subsidiary.
The Fund’s investment in the Subsidiary may vary based on the portfolio manager’s use of gold bullion and other precious metals, Gold ETFs, different types of commodity-linked derivatives, fixed-income securities and other investments. Since the Fund may invest a substantial portion of its assets in the Subsidiary, which may hold certain of the investments described in this prospectus, the Fund may be considered to be investing indirectly in those investments through its Subsidiary and subject to the risks associated with any investments of the Subsidiary. Therefore, references in this prospectus to investments by the Fund include the Fund’s indirect investments through the Subsidiary.
In addition to investing in derivative instruments through the Subsidiary, the Fund may also invest directly in derivative instruments, including options. The Fund may use options, including covered call options, for liquidity, hedging and investment purposes. Up to 25% of the Fund’s total assets can be subject to call options the Fund sells. However, the Fund will not write or purchase any call option that will cause the value of the Fund’s calls on a particular security to exceed 3% of the Fund’s total assets.
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OGMIX - Performance

Return Ranking - Trailing

Period OGMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.7% -18.6% 16.7% 38.46%
1 Yr 2.9% -36.5% 6.8% 30.77%
3 Yr -2.5%* -19.8% 4.0% 44.62%
5 Yr 13.0%* 0.7% 15.7% 10.34%
10 Yr 6.0%* -4.6% 7.0% 7.69%

* Annualized

Return Ranking - Calendar

Period OGMIX Return Category Return Low Category Return High Rank in Category (%)
2023 5.5% -19.2% 10.1% 46.15%
2022 -17.3% -32.9% -1.3% 75.38%
2021 -6.0% -51.0% 70.4% 4.62%
2020 33.8% 10.6% 63.4% 18.75%
2019 46.1% -1.0% 54.7% 25.86%

Total Return Ranking - Trailing

Period OGMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.7% -18.6% 16.7% 38.46%
1 Yr 2.9% -36.5% 6.8% 30.77%
3 Yr -2.5%* -19.8% 4.0% 44.62%
5 Yr 13.0%* 0.7% 15.7% 10.34%
10 Yr 6.0%* -4.6% 7.0% 7.69%

* Annualized

Total Return Ranking - Calendar

Period OGMIX Return Category Return Low Category Return High Rank in Category (%)
2023 6.8% -19.2% 12.3% 38.46%
2022 -16.5% -32.9% 2.7% 73.85%
2021 -2.5% -23.6% 80.2% 4.62%
2020 36.6% 10.6% 70.6% 31.25%
2019 47.0% 0.7% 58.5% 25.86%

NAV & Total Return History


OGMIX - Holdings

Concentration Analysis

OGMIX Category Low Category High OGMIX % Rank
Net Assets 1.54 B 8.82 M 13.5 B 16.92%
Number of Holdings 123 24 271 16.92%
Net Assets in Top 10 627 M 9.07 M 8.36 B 29.23%
Weighting of Top 10 38.05% 32.6% 81.9% 90.77%

Top 10 Holdings

  1. Northern Star Resources Ltd. 5.58%
  2. Ivanhoe Mines Ltd. 4.72%
  3. Barrick Gold Corp. 4.69%
  4. Agnico Eagle Mines Ltd. 4.66%
  5. Newmont Corp. 4.03%
  6. Freeport-McMoRan Inc. 3.16%
  7. De Grey Mining Ltd. 3.03%
  8. Alamos Gold Inc. 2.79%
  9. Evolution Mining Ltd. 2.76%
  10. Wheaton Precious Metals Corp. 2.64%

Asset Allocation

Weighting Return Low Return High OGMIX % Rank
Stocks
99.51% 83.54% 118.45% 43.08%
Cash
1.03% 0.00% 7.87% 43.08%
Preferred Stocks
0.00% 0.00% 0.84% 36.92%
Convertible Bonds
0.00% 0.00% 0.00% 35.38%
Bonds
0.00% 0.00% 9.60% 40.00%
Other
-0.53% -0.53% 14.99% 98.46%

Stock Sector Breakdown

Weighting Return Low Return High OGMIX % Rank
Basic Materials
99.31% 93.10% 100.00% 92.31%
Energy
0.69% 0.00% 2.88% 12.31%
Utilities
0.00% 0.00% 0.02% 38.46%
Technology
0.00% 0.00% 0.19% 36.92%
Real Estate
0.00% 0.00% 0.00% 35.38%
Industrials
0.00% 0.00% 4.56% 43.08%
Healthcare
0.00% 0.00% 0.00% 35.38%
Financial Services
0.00% 0.00% 0.14% 36.92%
Communication Services
0.00% 0.00% 0.00% 35.38%
Consumer Defense
0.00% 0.00% 0.00% 35.38%
Consumer Cyclical
0.00% 0.00% 2.75% 38.46%

Stock Geographic Breakdown

Weighting Return Low Return High OGMIX % Rank
Non US
50.94% 0.00% 95.25% 63.08%
US
48.57% 1.10% 101.19% 44.62%

OGMIX - Expenses

Operational Fees

OGMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% 0.39% 4.25% 78.46%
Management Fee 0.60% 0.35% 1.00% 29.23%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

OGMIX 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% 1.00% N/A

Trading Fees

OGMIX 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.

OGMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.00% 1.00% 114.00% 76.19%

OGMIX - Distributions

Dividend Yield Analysis

OGMIX Category Low Category High OGMIX % Rank
Dividend Yield 1.14% 0.00% 4.40% 32.31%

Dividend Distribution Analysis

OGMIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

OGMIX Category Low Category High OGMIX % Rank
Net Income Ratio 0.60% -18.00% 5.11% 35.38%

Capital Gain Distribution Analysis

OGMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

OGMIX - Fund Manager Analysis

Managers

Shanquan Li


Start Date

Tenure

Tenure Rank

Jul 01, 1997

24.93

24.9%

Mr. Li is primarily responsible for the day-to-day management of the Fund’s investments. Mr. Li has been a Vice President and portfolio manager of the Fund since July 1997.Mr. Li has been a Senior Vice President of the Sub-Adviser since June 2011. He was a Vice President of the Sub-Adviser from November 1998 to May 2011 and was an Assistant Vice President of the Sub-Adviser from January 1997 to November 1998.Li was a senior quantitative analyst in the Investment Management Policy Group of Brown Brothers Harriman before joining Oppenheimer Funds. Prior to that, he was a consultant for Acadian Asset Management, Inc. Before entering the investment business, Shanquan was associate director and senior researcher of the Development Research Center of the State Council, a think tank for the Chinese government.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.25 34.34 11.89 3.67