Invesco Oppenheimer Equity Income Fund

Data updated: 2020-03-31

C000209188 — Invesco Oppenheimer Equity Income Fund. Emerging Markets Value Equity · $2.76B AUM. Holdings, fees, performance and SEC filings.

C000209188 Fund Overview

Invesco Oppenheimer Equity Income Fund is a US mutual fund managed by Aim Counselor Series Trust (invesco Counselor Series Trust), categorised as Emerging Markets Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

C000209188 Investment Objective and Strategy

Invesco Oppenheimer Equity Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Aim Counselor Series Trust (invesco Counselor Series Trust).

Investment objective

The Fund’s investment objective is to seek total return.

Principal investment strategy

The Fund mainly invests in common stocks of U.S. companies that the portfolio managers believe are undervalued. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund may invest in other equity securities, such as preferred stocks, warrants and securities convertible into common stocks. The Fund may invest in equity securities issued by companies of different capitalization ranges, but will typically focus on larger capitalization stocks. The Fund may invest in equity securities both for current income from dividends as well as for growth opportunities. The Fund can buy securities of companies in developed and emerging market countries.

The Fund has no limits on the amounts it can invest in foreign securities. However, currently it does not intend to invest more than 25% of its net assets in securities of issuers in any single foreign country or more than 5% of its net assets in companies or government issuers in emerging market countries. In selecting investments for the Fund, the portfolio managers mainly rely on a value-oriented investing style. A security may be undervalued because the market is not aware of the issuers intrinsic value, does not yet recognize its future potential, or the issuer may be temporarily out of favor. The Fund seeks to realize gains in the prices of those securities when other investors recognize their real or prospective worth. The Fund also looks for securities that offer higher than average dividends.

The portfolio managers generally use a fundamental approach to analyzing issuers, for example, by looking at price/earnings ratios and current balance sheet information. Currently, the portfolio managers focus on securities that have high current income and are believed to have substantial earnings possibilities, have low price/earnings ratios relative to other securities, and that have a low price relative to the underlying value of the issuers assets, earnings, cash flow or other factors. These criteria may vary in particular cases and may change over time. The Fund may sell securities that the portfolio managers believe no longer meet these criteria, but is not required to do so.

C000209188 Costs and Fees

C000209188 costs about $177 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 1.77%
  • Gross expense ratio: 1.77%
  • Portfolio turnover: 63%
  • Brokerage commissions: 7.11 bps of average net assets (SEC N-CEN)

C000209188 Cashflows

Over the 12 months to 2020-01, Invesco Oppenheimer Equity Income Fund had net outflows of $80.11M, from monthly SEC N-PORT filings.

MonthNet flow
2020-01−$46.82M
2019-12$104.81M
2019-11−$36.90M
2019-10−$35.88M
2019-09−$23.58M
2019-08−$41.74M

C000209188 Debt Constituents

No individual debt constituents are reported in Invesco Oppenheimer Equity Income Fund's latest SEC N-PORT filing.

C000209188 Prospectus and SEC Filings

Official Invesco Oppenheimer Equity Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Emerging Markets Value Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.