Invesco Oppenheimer Global Infrastructure Fund

Data updated: 2020-03-31

C000209651 — Invesco Oppenheimer Global Infrastructure Fund. Emerging Markets Real Estate · $133.82M AUM. Holdings, fees, performance and SEC filings.

C000209651 Fund Overview

Invesco Oppenheimer Global Infrastructure Fund is a US mutual fund managed by Aim Investment Funds (invesco Investment Funds), categorised as Emerging Markets Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

C000209651 Investment Objective and Strategy

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

Investment objective

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

Principal investment strategy

Under normal market conditions, the Fund will invest at least 80% of its net assets (including borrowings for investment purposes) in securities issued by U.S. and non-U.S. infrastructure companies, and in derivatives and other instruments that have economic characteristics similar to such securities. Such securities include, but are not limited to, common, convertible and preferred stock, rights and warrants, real estate investment trusts (REITS), master limited partnerships (MLPs), stapled securities and income trusts. The Funds investment in MLPs is limited to no more than 25% of its total assets. Infrastructure companies engage in the ownership, management, construction, operation and use or financing of infrastructure assets. For purposes of interpreting the Funds 80% policy above, the Fund considers a company an infrastructure company if the company is categorized, based on the Global Industry Classification Standards (GICS) industry classifications (as amended from time to time) within the following industries: Airport Services, Alternative Carriers, Cable & Satellite, Communications Equipment, Construction & Engineering, Electric Utilities, Gas Utilities, Highways & Railtracks, Independent Power Producers & Energy Traders, Industrial Conglomerates, Marine Ports & Services, Multi-Utilities, Oil & Gas, Refining & Marketing, Oil & Gas Storage & Transportation, Railroads, Renewable Energy, Specialized REITs, Water Utilities and Wireless Telecommunication Services.

The Fund may amend from time to time, without shareholder approval, the GICS industries that are included in the Funds definition of an infrastructure company. The Fund seeks investment exposure to a number of countries throughout the world. Under normal circumstances, the Fund will invest its assets in companies that provide exposure to at least three countries (which can include the U.S.) and invest significantly in companies that are economically tied to non-U.S. countries, including developing and emerging market countries. The Fund can invest up to 100% of its assets in such securities. A determination that a company is economically tied to a non-U.S. country is based on the jurisdiction in which such company is domiciled, incorporated, organized or headquartered. The Fund does not limit its investments to issuers in a particular market capitalization range and at times may invest a substantial portion of its assets in one or more particular market capitalization ranges.

The Fund will concentrate in securities of infrastructure companies. Invesco Advisers, Inc. (Invesco or the Adviser) serves as the Funds adviser and Invesco Asset Management Limited (Invesco Asset Management) serves as the Funds Sub-Adviser. The Adviser and the Sub-Adviser are responsible for the day-to-day investment management of the Funds assets and employ the Funds portfolio managers. The portfolio managers analyze infrastructure companies to determine the quality of the infrastructure assets that are owned, operated, or managed by these companies and that therefore underpin these companies cash flow and growth. The portfolio managers also analyze companies through review of key sources of revenue, growth potential, management quality and the potential for competition. Preference is given to securities that the portfolio managers believe exhibit stability in earnings and a positive earnings outlook.

The portfolio managers generally develop a target valuation for each company using, among other things, proprietary models and fundamental analysis. This information is then used to construct a portfolio diversified by country and infrastructure subsector. The portfolio managers may sell a security under a variety of circumstances, such as a change in, for example, a companys revenue, earnings, assets, liabilities and growth, or due to a shift in market conditions.

C000209651 Costs and Fees

C000209651 costs about $135 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 1.35%
  • Gross expense ratio: 1.52%
  • Portfolio turnover: 41%
  • Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

C000209651 Cashflows

Over the 12 months to 2020-01, Invesco Oppenheimer Global Infrastructure Fund had net outflows of $2.70M, from monthly SEC N-PORT filings.

MonthNet flow
2020-01−$13.06K
2019-12$1.04M
2019-11−$28.59K
2019-10−$4.07M
2019-09$794.67K
2019-08−$425.32K

C000209651 Debt Constituents

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

C000209651 Prospectus and SEC Filings

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

Related Funds

Other Emerging Markets Real Estate 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.