About ODVCX
The Invesco Developing Markets Fund Class C is a diversified mutual fund designed to provide capital appreciation by investing primarily in equities from emerging and developing markets worldwide. Launched in 1996, the fund focuses on identifying companies with sustainable competitive advantages, long-term growth potential, and strong management teams across sectors such as technology, financials, consumer cyclicals, and basic materials. Its top holdings often include prominent firms like Taiwan Semiconductor Manufacturing, Tencent, H World Group, Kotak Mahindra Bank, and Meituan, reflecting a strategic exposure to rapidly expanding economies in Asia and Latin America. The fund’s approach combines rigorous in-house research with an active management style, seeking to capture underappreciated opportunities in less mature markets. Managing over $14 billion in assets, the fund typically holds a concentrated portfolio, with the top ten positions representing a significant portion of total assets. It offers investors access to growth-oriented companies in markets that may exhibit higher volatility and risk compared to developed regions, playing a key role for those seeking international diversification and exposure to emerging market trends.
Fund Family Invesco
Category Diversified Emerging Mkts
Performance Rating Low
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ODVCX
Index MSCI EM (Emerging Markets) NR USD
ODVCX had a total return of 35.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.32%.