About ODVNX
The Invesco Developing Markets Fund Class R is a mutual fund designed to provide exposure to equities from emerging and developing markets worldwide. Its primary objective is capital appreciation achieved through investments mainly in common stocks of companies operating in less mature economies. The fund employs an active management approach, focusing on businesses that display durable long-term growth, sustainable competitive advantages, and favorable long-term financial performance. Sectors represented in the portfolio include technology, communication services, financials, consumer cyclical, and energy, with top holdings such as Taiwan Semiconductor Manufacturing, Tencent Holdings, and Kotak Mahindra Bank.
This fund plays a significant role in the market by offering investors access to regions with higher growth potential, albeit with increased volatility and unique risks compared to developed markets. With a history dating back to 1996, it remains one of the largest actively managed US-domiciled funds in its category, regularly reviewed for its evolving management strategy and risk profile. The Invesco Developing Markets Fund Class R appeals to those seeking diversified participation in the growth trajectories of emerging economies, supported by a rigorous research-driven investment process.
Fund Family Invesco
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol ODVNX
Index MSCI EM (Emerging Markets) NR USD
ODVNX had a total return of 26.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.16%.
