OPGSX

Gold & Special Minerals Fund
  • A
  • 1

Overview

The Strategy typically invests in stocks of mining companies that provide diversified exposure to gold and other precious metals.

Inception Date
July 19, 1983
Investment Style
Gold & Special Minerals
Fund Index
Philadelphia Gold & Silver Index
CUSIP
00143N750
NAV
(as of 07/18/2019)
$19.40
Total Assets
(as of 06/30/2019)
$1.10 BN
Gross Expense Ratio
(as of 06/30/2019)
1.25%
Net Expense Ratio
(as of 06/30/2019)
1.17%
Performance
Average Annual Total Returns
Dividends
Calendar Year Returns
Capital Gains Distributions
as of 06/30/2019
  • C
as of 06/30/2019
  • C

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
  • C
Cumulative
Annualized
ytd as of 2019-06-30
1 yr 3 yr 5 yr 10 yr since inception
Gold & Special Minerals Fund (NAV)
24.70% 15.22% -0.22% 0.29% -0.69% 5.64%
Philadelphia Gold & Silver Index
19.57% 4.01% -4.14% -2.77% -3.85% -
Cumulative
Annualized
ytd as of 2019-06-30
1 yr 3 yr 5 yr 10 yr since inception
Gold & Special Minerals Fund (with sales charge)
17.88% 8.90% -2.08% -0.84% -1.25% 5.48%
Philadelphia Gold & Silver Index
19.57% 4.01% -4.14% -2.77% -3.85% -
Cumulative
Annualized
ytd as of 2019-06-30
1 yr 3 yr 5 yr 10 yr since inception
Gold & Special Minerals Fund (NAV)
24.70% 15.22% -0.22% 0.29% -0.69% 5.64%
Philadelphia Gold & Silver Index
19.57% 4.01% -4.14% -2.77% -3.85% -
Cumulative
Annualized
ytd as of 2019-06-30
1 yr 3 yr 5 yr 10 yr since inception
Gold & Special Minerals Fund (with sales charge)
17.88% 8.90% -2.08% -0.84% -1.25% 5.48%
Philadelphia Gold & Silver Index
19.57% 4.01% -4.14% -2.77% -3.85% -
Gross Expense Ratio: 1.25% | Net Expense Ratio: 1.17%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price, reinvested distributions, and a 5.50% maximum sales charge where indicated.  Returns do not consider capital gains or income taxes on an individual's investment.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.


Year Gold & Special Minerals Fund Philadelphia Gold & Silver Index
1984 -27.08% -
1985 -4.51% -
1986 36.55% -
1987 72.00% -
1988 8.37% -
1989 34.62% -
1990 -26.77% -
1991 0.33% -
1992 -10.13% -
1993 61.82% -
1994 -5.97% -15.08%
1995 -1.51% 5.99%
1996 6.11% -2.01%
1997 -31.92% -39.09%
1998 -1.29% -18.12%
1999 15.40% 1.44%
2000 -15.11% -31.26%
2001 19.73% 39.28%
2002 42.48% 79.69%
2003 59.65% 47.07%
2004 -4.31% -9.38%
2005 31.92% 30.16%
2006 43.64% 22.97%
2007 30.28% 17.58%
2008 -39.11% -26.33%
2009 79.32% 38.00%
2010 54.50% 34.76%
2011 -25.69% -19.41%
2012 -9.14% -6.70%
2013 -47.83% -48.18%
2014 -15.39% -17.28%
2015 -23.14% -33.46%
2016 48.74% 74.92%
2017 17.19% 8.91%
2018 -13.15% -16.41%

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price, reinvested distributions, and a 5.50% maximum sales charge where indicated.  Returns do not consider capital gains or income taxes on an individual's investment.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.


Date Dividends
12/8/2009 0.6734
12/21/2010 4.5188
12/21/2011 0.6275
12/16/2014 0.3074
12/13/2016 1.0461
12/15/2017 0.4583

The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price, reinvested distributions, and a 5.50% maximum sales charge where indicated.  Returns do not consider capital gains or income taxes on an individual's investment.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.

$ per share as of 07/19/2019

Date 2014 2015 2016 2017 2018
Short Term
Long Term
Total Amount of Distribution
Record Date
Ex Div Date
Pay Date
Portfolio

Top Issuers

(63.0% of assets as of 05/31/2019)


Portfolio Holdings Breakdown

Country
Equity Sector
Asset Allocation
Market Cap 6
Country Gold & Special Minerals Fund Philadelphia Gold & Silver Index Overweight / Underweight
Canada 50.7% 61.2% -10.5%
Australia 26.7% - -
United States 7.9% 26.2% -18.3%
United Kingdom 4.3% - -
South Africa 3.6% 8.7% -5.2%
China 1.6% - -
Russia 1.2% - -
Turkey 1.0% - -
Netherlands 0.8% - -
Sweden 0.7% - -
Equity Sector Gold & Special Minerals Fund Philadelphia Gold & Silver Index Overweight / Underweight
Materials 96.1% 100.0% -3.9%
Industrials 1.7% - -
Consumer Discretionary 0.6% - -
Asset Allocation Gold & Special Minerals Fund Philadelphia Gold & Silver Index Overweight / Underweight
Equity 98.5% 100.0% -1.5%
Market Cap Gold & Special Minerals Fund Philadelphia Gold & Silver Index Overweight / Underweight
Small 47.3% 28.5% 18.8%
Mid 39.3% 41.9% -2.6%
Large 11.8% 29.6% -17.8%
Analytics
(As of 06/30/2019)

Morningstar 06/30/2019 (based on risk adjusted performance)
  • B
Overall Rating
Number of Funds
65
Category
Equity Precious Metals
Performance Statistics
3Y
5Y
Alpha
3.11
1.70
Beta
0.85
0.81
Information Ratio
0.37
0.26
R-Squared
84.76
93.24
Sharpe Ratio
0.05
0.14
Standard Deviation
24.98
33.79
Sortino Ratio
0.08
0.23
Tracking Error
10.61
11.61
Yields
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$5.81 B
$9.51 B
Median Market Cap (weighted)
$3.24 B
$6.70 B
Turnover Ratio
44%
-
Active Share
71.18%
-
Dividends
Est. Frequency
Annual
Last Pay Date
12/15/2017
Per Share ($)
$0.4583
Distribution Sources
Net Income
0.00%
Net Profit from Sale
0.00%
Other Capital Sources
100.00%
Team
Documents
  1. 1. Investments in mining and metal industry companies are speculative and may be subject to volatility. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks. Emerging and developing market investments may be especially volatile. Large sector holdings may expose investors to greater volatility and special risks associated with that sector. Investments in securities of growth companies may be volatile. Derivative instruments entail higher volatility and risk of loss compared to traditional stock or bond investments.  Mid-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a mid-sized company, if any gain is realized at all. Gold ETFs involve additional fees and risks. The Fund is classified as a “non-diversified” fund and may invest a greater portion of its assets in the securities of a single issuer. The Fund may also invest through a wholly-owned Cayman Islands subsidiary, which involves the risk that changes to the laws of the Cayman Islands could negatively affect the Fund.
  2. 2. The Manager has contractually agreed to waive expenses in an amount equal to the management fee it receives from its Subsidiary for so long as the Fund invests in the Subsidiary. This waiver may not be terminated without the prior approval of the Fund's Board of Trustees.
  3. 3. Fund performance reflects fee waivers, absent which, performance data quoted would have been lower. Total annual fund operating expenses after any contractual fee waivers and/or expense reimbursements by the adviser in effect through May 28, 2021. See current prospectus for more information.
  4. 4. The Philadelphia Gold and Silver Index (linked index) is an index of thirty precious metals mining companies that is traded on the Philadelphia Stock Exchange. The NYSE Arca Gold Miners Index is a modified market capitalization weighted index comprised of publicly traded companies involved primarily in the mining for gold and silver. The index returns for the Gold & Special Minerals Fund are made up of the returns of (i) the NYSE Arca Gold Miners Index through June 30, 2011, and (ii) the Philadelphia Gold & Silver Index from July 1, 2011 to present. Index performance includes total returns from when first available.  The index is unmanaged, includes the reinvestment of dividends and cannot be purchased directly by investors. Index performance is shown for illustrative purposes only and does not predict or depict performance of the Fund. Past performance does not guarantee future results.
  5. 5. Holdings are subject to change, and are dollar weighted based on total new assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the Fund’s net asset value and fluctuations of dividends and distributions paid by the Fund.
  6. 6. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund's prospectus.
  7. A. The Morningstar Rating&trade; for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. <b>The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics.</b> The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not consider sales charges and are subject to change monthly. <strong>Past performance is no guarantee of future results</strong></p>
  8. B. The Morningstar Rating&trade; for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 star s, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Invesco Oppenheimer Gold & Special Minerals Fund was rated against the following numbers of Equity Precious Metals funds over the following time periods: the fund was rated 5 stars among 65 funds in the last three years, 4 stars among 63 in the last five years, and 4 stars among 46 in the last ten years. <strong>Past performance does not guarantee future results.</strong>
  9. C. The performance data quoted represents past performance, which does not guarantee future results.  The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost.  Current performance and expense ratios may be lower or higher than the data quoted.  Fund returns include changes in share price, reinvested distributions, and a 5.50% maximum sales charge where indicated.  Returns do not consider capital gains or income taxes on an individual's investment.

    As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund. Share class returns will differ from the predecessor fund due to a change in expenses and sales charges.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )