About ODVYX
The Invesco Developing Markets Fund Class Y is a mutual fund designed to provide investors with exposure to equities in emerging and developing markets worldwide. Its primary objective is capital appreciation, focusing on companies that exhibit strong growth potential across a minimum of three developing markets. The fund maintains a diversified portfolio, typically consisting of over 80 holdings, with a concentration on sectors such as technology, financial services, consumer cyclical, basic materials, and energy. Notable investments include leading firms like Taiwan Semiconductor Manufacturing, Tencent Holdings, Kotak Mahindra Bank, and Grupo Mexico.
The fund employs a highly active investment approach, leveraging in-depth in-house research to identify businesses with sustainable competitive advantages and long-term growth prospects. It is benchmarked against the MSCI Emerging Markets Net Return Index and is considered one of the largest actively managed funds in its category. The fund is suitable for investors seeking access to higher-growth, but potentially more volatile, regions compared to developed markets. Introduced in 2005, Invesco Developing Markets Fund Class Y has become a significant vehicle for investors looking to capitalize on the evolving opportunities within emerging market economies.
Fund Family Invesco
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol ODVYX
Index MSCI EM (Emerging Markets) NR USD
ODVYX had a total return of 34.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.73%.
