Invesco Oppenheimer Dividend Opportunity Fund

C000209240 Fund Overview

Invesco Oppenheimer Dividend Opportunity Fund is a US mutual fund managed by Aim Equity Funds (invesco Equity Funds), categorised as Emerging Markets Multi-Cap / All-Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Aim Equity Funds (invesco Equity Funds)
• Category: Emerging Markets Multi-Cap / All-Cap Value Equity
• Assets under management: $245.78M
• SEC CIK: 0000105377
• SEC series ID: S000064630
• Share class ID: C000209240

C000209240 Investment Objective and Strategy

Invesco Oppenheimer Dividend Opportunity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Aim Equity Funds (invesco Equity Funds).

Investment objective

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

Principal investment strategy

Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in dividend paying stocks, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund invests primarily in common stocks of U.S. companies that the portfolio managers believe are undervalued. The Fund may invest up to 35% of its total assets in equity securities of foreign issuers and may invest up to 10% of its total assets in equity securities of companies located in developing or emerging market countries. 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. The portfolio managers use a value investing style to seek securities that are undervalued in the marketplace.

Value investing uses fundamental analysis to seek companies whose intrinsic value is greater than the current price of their securities. 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 uses fundamental analysis of individual issuers to construct a portfolio of securities based on company-level considerations. This is called a bottom-up approach. The portfolio managers currently focus on the following factors: analysis of a companys ability to establish, maintain, or grow its dividend, analysis of a companys financial statements, analysis of future earnings potential, the current value of company assets, estimates of borrowing requirements and debt maturity schedules, present and anticipated cash flows and allocation of capital, new product or business line developments, supply and demand conditions for key products, long-term sales potential, operations and industry position, and management structure and expertise The portfolio managers also monitor individual issuers for changes in their business fundamentals or prospects that could trigger a decision to sell a security.

The portfolio managers may consider selling a stock for one or more of the following reasons: the stock is approaching its price target, the companys fundamentals are deteriorating, or alternative investment opportunities are more attractive. These factors may change over time and not all factors are relevant for every purchase or sale of an individual security.

C000209240 Costs and Fees

C000209240 costs about $137 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.37%
• Gross expense ratio: 1.48%
• Portfolio turnover: 51%

C000209240 Cashflows

Over the 12 months to 2020-01, Invesco Oppenheimer Dividend Opportunity Fund had net outflows of $10.50M, from monthly SEC N-PORT filings.

C000209240 Debt Constituents

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

C000209240 Prospectus and SEC Filings

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

• Prospectus (485BPOS) — filed 2019-09-05
• Prospectus (485BPOS) — filed 2019-06-14
• Prospectus (485BPOS) — filed 2019-02-13
• Portfolio holdings (N-PORT) — filed 2020-03-31
• Portfolio holdings (N-PORT) — filed 2019-12-30

Related Funds

Other Emerging Markets Multi-Cap / All-Cap Value Equity funds tracked on ABC INVEST:

• Pacer Emerging Markets Cash Cows 100 ETF (ECOW)
• Mondrian Emerging Markets Equity Fund (MPEMX)
• Guinness Atkinson Dividend Builder Fund (GAINX)

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.