Overview
The Strategy typically invests in large-cap U.S. dividend growth stocks
- Inception Date
- December 16, 1996
- Investment Style
- Rising Dividends
- Fund Index
- Russell 1000® Index
- CUSIP
- 00141B535
- NAV
- (as of 06/25/2019)
- $20.20
- Total Assets
- (as of 05/31/2019)
- $2.71 BN
- Gross Expense Ratio
- (as of 05/25/2019)
- 0.77%
- Net Expense Ratio
- (as of 05/25/2019)
- 0.77%
Performance
Average Annual Returns as of 03/31/2019
Average Annual Returns as of 05/31/2019
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
ytd as of 2019-03-31
|
1 yr | 3 yr | 5 yr | 10 yr | since inception | |
| 12.79% | 7.38% | 9.73% | 7.26% | 12.21% | 7.31% | |
| 14.00% | 9.30% | 13.52% | 10.63% | 16.05% | - | |
|
Cumulative
|
Annualized | |||||
|---|---|---|---|---|---|---|
ytd as of 2019-05-31
|
1 yr | 3 yr | 5 yr | 10 yr | since inception | |
| 10.59% | 1.52% | 8.36% | 6.46% | 10.74% | 7.17% | |
| 11.05% | 3.47% | 11.68% | 9.45% | 14.02% | - | |
Gross Expense Ratio:
0.77%
| Net Expense Ratio:
0.77%
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. 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.
Calendar Year Returns as of 05/31/2019
| Year | Rising Dividends Fund |
Russell 1000® Index
|
|---|---|---|
| 1997 | 26.89% | -0.94% |
| 1998 | 9.98% | -11.20% |
| 1999 | 0.29% | -0.32% |
| 2000 | 13.08% | 8.32% |
| 2001 | -7.61% | -1.64% |
| 2002 | -18.68% | 1.70% |
| 2003 | 27.34% | -0.27% |
| 2004 | 12.91% | -0.11% |
| 2005 | 6.21% | 0.62% |
| 2006 | 16.23% | 15.46% |
| 2007 | 13.03% | 5.77% |
| 2008 | -31.09% | -37.60% |
| 2009 | 18.92% | 28.43% |
| 2010 | 13.54% | 16.10% |
| 2011 | 2.62% | 1.50% |
| 2012 | 12.88% | 16.42% |
| 2013 | 27.56% | 33.11% |
| 2014 | 11.19% | 13.24% |
| 2015 | -0.43% | 0.92% |
| 2016 | 4.78% | 12.05% |
| 2017 | 17.03% | 21.69% |
| 2018 | -6.29% | -4.78% |
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. 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.
Cumulative Returns & Income Dividends
| Date | Dividends |
|---|---|
| 9/25/2009 | 0.1005 |
| 12/17/2009 | 0.0889 |
| 3/19/2010 | 0.0433 |
| 6/25/2010 | 0.0537 |
| 9/24/2010 | 0.1071 |
| 12/17/2010 | 0.0882 |
| 3/25/2011 | 0.0541 |
| 6/24/2011 | 0.0651 |
| 9/23/2011 | 0.0391 |
| 12/9/2011 | 0.0727 |
| 3/23/2012 | 0.0632 |
| 6/22/2012 | 0.0607 |
| 9/21/2012 | 0.0663 |
| 12/7/2012 | 0.068 |
| 12/28/2012 | 0.0512 |
| 3/22/2013 | 0.0577 |
| 6/21/2013 | 0.0621 |
| 9/20/2013 | 0.0496 |
| 12/6/2013 | 0.062 |
| 3/21/2014 | 0.0403 |
| 6/20/2014 | 0.0502 |
| 9/19/2014 | 0.0571 |
| 12/4/2014 | 0.0539 |
| 3/19/2015 | 0.0608 |
| 6/18/2015 | 0.0539 |
| 9/24/2015 | 0.0452 |
| 12/4/2015 | 0.1254 |
| 3/24/2016 | 0.0401 |
| 6/23/2016 | 0.0598 |
| 9/22/2016 | 0.0573 |
| 12/5/2016 | 0.0777 |
| 3/23/2017 | 0.0806 |
| 6/22/2017 | 0.1019 |
| 9/21/2017 | 0.0769 |
| 12/6/2017 | 0.0802 |
| 3/22/2018 | 0.058 |
| 6/21/2018 | 0.073 |
| 9/20/2018 | 0.0674 |
| 12/6/2018 | 0.082 |
| 3/21/2019 | 0.0371 |
| 6/20/2019 | 0.0802 |
There is no guarantee of the payment of any dividend or other distributions at any level.
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. 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.
Capital Gains and Distributions ($ per share) as of 06/26/2019
| Date | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|
| Short Term | 0.4221 | 0.0703 | — | 0.5293 | — |
| Long Term | 1.3123 | 1.0645 | 0.8977 | 1.0627 | 1.2890 |
| Total Amount of Distribution | 1.7343 | 1.1348 | 0.8977 | 1.5921 | 1.2890 |
| Record Date | 12/3/14 | 12/3/15 | 12/2/16 | 12/5/17 | 12/4/18 |
| Ex Div Date | 12/4/14 | 12/4/15 | 12/5/16 | 12/6/17 | 12/6/18 |
| Pay Date | 12/4/14 | 12/4/15 | 12/5/16 | 12/6/17 | 12/6/18 |
There is no guarantee of the payment of any dividend or other distributions at any level.
Portfolio
Top Issuers
(48.2% of assets as of 05/31/2019)
Domestic Equity
CLASS Y: OYRDX
Portfolio Holdings Breakdown
as of
05/31/2019
| Country | Rising Dividends Fund | Russell 1000® Index | Overweight / Underweight |
|---|---|---|---|
| United States | 92.1% | 99.8% | -7.7% |
| France | 3.1% | - | - |
| Canada | 1.0% | - | - |
| Switzerland | 0.9% | - | - |
| Netherlands | 0.7% | 0.1% | 0.6% |
| Developed Markets | Rising Dividends Fund | Russell 1000® Index | Overweight / Underweight |
|---|---|---|---|
| Americas | 93.1% | 99.8% | -6.7% |
| Europe | 4.7% | 0.1% | 4.6% |
| Equity Sector | Rising Dividends Fund | Russell 1000® Index | Overweight / Underweight |
|---|---|---|---|
| Information Technology | 25.4% | 21.5% | 3.9% |
| Financials | 15.7% | 13.4% | 2.4% |
| Health Care | 12.7% | 13.9% | -1.2% |
| Consumer Discretionary | 10.6% | 10.2% | 0.3% |
| Industrials | 9.4% | 9.7% | -0.3% |
| Real Estate | 7.4% | 3.9% | 3.6% |
| Energy | 5.9% | 4.7% | 1.2% |
| Utilities | 3.8% | 3.3% | 0.6% |
| Consumer Staples | 2.7% | 6.9% | -4.2% |
| Communication Services | 2.1% | 9.8% | -7.7% |
| Materials | 2.1% | 2.8% | -0.7% |
| Industry | Rising Dividends Fund | Russell 1000® Index | Overweight / Underweight |
|---|---|---|---|
| Software | 7.9% | 7.0% | 0.9% |
| Equity Real Estate Investment Trusts (REITs) | 7.4% | 3.8% | 3.7% |
| IT Services | 6.2% | 5.3% | 0.9% |
| Oil Gas & Consumable Fuels | 5.9% | 4.3% | 1.6% |
| Banks | 5.7% | 5.4% | 0.3% |
| Insurance | 5.0% | 2.8% | 2.2% |
| Technology Hardware Storage & Peripherals | 5.0% | 3.6% | 1.4% |
| Capital Markets | 5.0% | 2.7% | 2.4% |
| Aerospace & Defense | 4.7% | 2.5% | 2.2% |
| Semiconductors & Semiconductor Equipment | 4.5% | 3.5% | 1.0% |
| Hotels Restaurants & Leisure | 4.5% | 2.1% | 2.4% |
| Health Care Providers & Services | 4.3% | 2.6% | 1.7% |
| Specialty Retail | 4.0% | 2.2% | 1.8% |
| Pharmaceuticals | 3.8% | 4.3% | -0.6% |
| Life Sciences Tools & Services | 3.3% | 1.1% | 2.2% |
| Electric Utilities | 2.9% | 1.9% | 1.0% |
| Media | 2.1% | 1.5% | 0.6% |
| Chemicals | 2.1% | 1.9% | 0.2% |
| Road & Rail | 1.9% | 1.1% | 0.8% |
| Communications Equipment | 1.7% | 1.2% | 0.5% |
| Asset Allocation | Rising Dividends Fund | Russell 1000® Index | Overweight / Underweight |
|---|---|---|---|
| Equity | 97.8% | 100.0% | -2.2% |
| Net Cash and Equivalents | 2.2% | - | - |
| Market Cap | Rising Dividends Fund | Russell 1000® Index | Overweight / Underweight |
|---|---|---|---|
| Large | 84.5% | 81.4% | 3.1% |
| Mid | 13.3% | 17.5% | -4.2% |
Analytics
Morningstar
05/31/2019
(based on risk adjusted performance)
- B
Overall Rating
Number of Funds
1197
Category
Large Blend
Performance Statistics
3Y
5Y
Alpha
-2.18
-2.32
Beta
0.91
0.94
Information Ratio
-1.68
-1.36
R-Squared
97.73
96.61
Sharpe Ratio
0.67
0.53
Standard Deviation
10.84
11.32
Upside Capture
83.34
88.69
Downside Capture
95.01
104.11
Sortino Ratio
0.93
0.79
Win Ratio
39.00
38.00
Loss Ratio
61.00
62.00
Tracking Error
1.98
2.20
Portfolio Characteristics
Fund
Fund Index
Average Market Cap (weighted)
$181.14 B
$205.54 B
Median Market Cap (weighted)
$66.64 B
$84.18 B
P/E Ratio (LTM)
18.60
18.61
P/E Ratio (NTM)
16.29
16.13
Price/Book
3.76
3.11
Debt to Capital Ratio
52.43
46.87
Turnover Ratio
58%
-
Active Share
76.95%
-
Dividends
- E
Est. Frequency
Quarterly
Last Pay Date
6/20/2019
Per Share ($)
$0.0802
12-Month Distribution ($)
$0.2595
Documents
- 1. On August 1, 2007, the Fund's investment objective changed from “seeks capital appreciation" to “seeks total return.” Performance prior to August 1, 2007 is not indicative of performance for any subsequent periods.
- 2. Mani Govil was added as portfolio manager of the Fund as of October 5, 2016. Neil M. McCarthy and Joseph Higgins will no longer be portfolio managers of the Fund as of October 5, 2016.
- 3. There is no guarantee that the issuers of stocks will declare dividends in the future, or that dividends will remain at their current levels or increase over time. Derivative instruments entail higher volatility and risk of loss compared to traditional stock or bond investments. Diversification does not guarantee profit or protect against loss.
- 4. The Russell 1000® Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000® Index and includes approximately 1,000 of the largest securities based on a combination of their market cap and current index membership. The Russell 1000 represents approximately 92% of the Russell 3000 Index. The index is unmanaged 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. 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.
- 6. 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.
- 7. 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.
- A. The Morningstar Rating™ 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> ↩
- B. The Morningstar Rating™ 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 Rising Dividends Fund was rated against the following numbers of Large Blend funds over the following time periods: the fund was rated 2 stars among 1197 funds in the last three years, 2 stars among 1065 in the last five years, and 2 stars among 808 in the last ten years. <strong>Past performance does not guarantee future results.</strong> ↩
-
C.
The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investments in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the originals cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class Y shares are not subject to a sales charge. 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. ↩ - D. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions. ↩
- E. There is no guarantee of the payment of any dividend or other distributions at any level. ↩