- What does ODVIX invest in?
- This fund primarily aims to achieve capital growth. Its core strategy involves investing in the common stock of companies based in, or economically connected to, developing and emerging markets across the globe. The portfolio has the flexibility to allocate up to 100% of its total assets to international securities. Under typical market conditions, at least 80% of the fund's net assets, along with any borrowed capital utilized for investment, will be committed to equity securities issued by companies whose principal operations are in, or have significant economic ties to, a developing market country. This 80% threshold also encompasses derivatives and other financial instruments that offer similar economic exposure to such securities.
- What is the expense ratio of ODVIX?
- An expense ratio for Invesco Developing Markets Fund Class R6 (ODVIX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- How big is ODVIX?
- Invesco Developing Markets Fund Class R6 (ODVIX) manages $37.56B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is ODVIX actively managed or an index fund?
- ODVIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was ODVIX launched?
- Invesco Developing Markets Fund Class R6 (ODVIX) launched in December 2011 and is managed by Invesco.
- How has ODVIX performed?
- ODVIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
