ODVNX Performance — Invesco Developing Markets Fund, Class R
Data updated: 2026-09-29
ODVNX returned +17.24% year to date and +35.60% over one year to Jul 2026. Annualised returns are +12.07% over 3 years and +2.94% over 5 years. Against its Emerging Markets Equity category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $141, against $164 for the category, and to $136 over one year, against $134. Volatility over the past three years was 13.72% a year. In the 12 months to Jul 2026 the fund lost a net $3.0B, and assets reached $8.81B.
ODVNX Growth of $100
What $100 invested in Invesco Developing Markets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | ODVNX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $136 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $141 | $164 |
| 5 years (Aug 2021 – Jul 2026) | $116 | $143 |
| Since data start (Aug 2019 – Jul 2026) | $144 | $188 |
ODVNX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +17.24% |
| 1 year | +35.60% |
| 3 years (annualised) | +12.07% |
| 5 years (annualised) | +2.94% |
ODVNX Annual Returns
Calendar-year total returns of Invesco Developing Markets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +17.24% |
| 2025 | +28.00% |
| 2024 | −1.63% |
| 2023 | +10.85% |
| 2022 | −25.34% |
| 2021 | −7.73% |
| 2020 | +16.91% |
| 2019 (Aug–Dec) | +8.93% |
ODVNX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.7% | +5.0% | −9.0% | +7.2% | +6.6% | −1.3% | +1.0% | — | — | — | — | — |
| 2025 | +1.5% | +0.2% | +0.6% | +0.1% | +3.4% | +4.6% | −0.1% | +2.6% | +7.6% | +2.2% | −0.4% | +2.9% |
| 2024 | −5.1% | +3.4% | +4.0% | −1.7% | +1.8% | +0.4% | +0.5% | +0.4% | +3.3% | −3.3% | −3.8% | −0.9% |
| 2023 | +10.1% | −3.3% | +4.4% | +0.6% | −3.9% | +3.1% | +4.9% | −7.3% | −3.7% | −2.0% | +5.1% | +3.8% |
| 2022 | −3.6% | −8.1% | −5.0% | −8.0% | +2.4% | −6.1% | +2.2% | −1.8% | −10.2% | −2.2% | +18.1% | −3.7% |
| 2021 | +0.3% | +1.7% | −1.3% | +3.3% | +2.4% | −0.2% | −8.2% | +1.7% | −2.9% | +2.1% | −4.3% | −1.9% |
| 2020 | −3.9% | −5.1% | −15.5% | +8.1% | +1.5% | +7.6% | +6.4% | +3.9% | −2.2% | +0.3% | +10.9% | +6.8% |
| 2019 | — | — | — | — | — | — | — | −3.1% | +0.7% | +4.5% | +1.2% | +5.6% |
ODVNX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.72%
- 3-year Sharpe ratio: 0.55 (vs 4.5% risk-free rate)
- Best month: +7.70% (Jan 2026)
- Worst month: −9.03% (Mar 2026)
ODVNX Fund Flows
Monthly money in and out of Invesco Developing Markets Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.0B
- 12-month gross sales (incl. reinvestments): $3.9B
- Sales ÷ redemptions: 0.57×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $64.4M | $175.6M | −$111.2M |
| Jun 2026 | $58.1M | $250.6M | −$192.6M |
| May 2026 | $129.2M | $326.5M | −$197.3M |
| Apr 2026 | $114.8M | $261.6M | −$146.9M |
| Mar 2026 | $58.8M | $323.5M | −$264.7M |
| Feb 2026 | $236.3M | $411.4M | −$175.1M |
| Jan 2026 | $131.5M | $813.8M | −$682.4M |
| Dec 2025 | $2.8B | $916.3M | $1.8B |
| Nov 2025 | $55.9M | $625.8M | −$569.9M |
| Oct 2025 | $167.7M | $505.2M | −$337.5M |
| Sep 2025 | $58.4M | $504.7M | −$446.3M |
| Aug 2025 | $57.8M | $1.7B | −$1.7B |
ODVNX Assets Under Management
Net assets of Invesco Developing Markets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $8.81B |
| 2026-04-30 | $8.76B |
| 2026-01-31 | $9.13B |
| 2025-10-31 | $10.66B |
| 2025-07-31 | $11.80B |
| 2025-04-30 | $14.30B |
| 2025-01-31 | $15.91B |
| 2024-10-31 | $18.65B |
| 2024-07-31 | $20.47B |
| 2024-04-30 | $21.79B |
| 2024-01-31 | $21.83B |
| 2023-10-31 | $21.86B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.