Invesco Developing Markets Fund Class A logo

Invesco Developing Markets Fund Class A (ODMAX)

Market Closed
10 Aug, 20:00
NASDAQ NASDAQ
$
41. 33
-0.09
-0.2173%
$
37.64B Market Cap
0.83% Div Yield
0 Volume
$ 41.42
Previous Close
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Day Range
41.33 41.33
Year Range
33.78 49.09
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Summary

ODMAX closed today lower at $41.33, a decrease of -0.2173% from yesterday's close, completing a monthly increase of 3.093% or $1.24. Over the past 12 months, ODMAX stock gained 15.2216%.
ODMAX pays dividends to its shareholders, with the most recent payment made on Dec 12, 2024. The next estimated payment will be in 7 months ago on Dec 12, 2025 for a total of $0.002.
The stock of the company had never split.
The company's stock is traded on one exchange.

ODMAX Chart

Invesco Developing Markets Fund Class A (ODMAX) FAQ

What is the stock price today?

The current price is $41.33.

On which exchange is it traded?

Invesco Developing Markets Fund Class A is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is ODMAX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.83%.

What is its market cap?

As of today, the market cap is 37.64B.

Has Invesco Developing Markets Fund Class A ever had a stock split?

No, there has never been a stock split.

Invesco Developing Markets Fund Class A Profile

NASDAQ Exchange
United States Country

Overview

The fund is designed to provide investors with exposure to developing and emerging market equities. Through a strategy that primarily involves investing in common stocks, the fund targets issuers based in or economically tied to developing or emerging markets worldwide. This investment focus reflects the fund's pursuit of growth by capitalizing on the dynamic economic environments and potential high returns these markets can offer. The fund operates with the flexibility to allocate up to 100% of its assets in foreign securities, showcasing its commitment to diversifying and optimizing its investment portfolio according to global market conditions.

Products and Services

  • Equity Securities in Developing Markets - The primary product of the fund involves investing at least 80% of its net assets, in addition to any borrowings for investment purposes, in equity securities. These securities belong to issuers that are either based in a developing market or have strong economic ties to one. The target companies are identified based on their principal activities, highlighting the fund's strategy to invest in the growth potential of developing economies.
  • Investments in Foreign Securities - The fund distinguishes itself with its capability to invest up to 100% of its total assets in foreign securities. This approach allows the fund to actively seek opportunities beyond domestic borders and leverage the growth dynamics of international markets. It reflects a diversified investment philosophy aimed at maximizing returns through global exposure.
  • Derivatives and Similar Instruments - Beyond direct equity investments, the fund also engages in derivatives and other financial instruments that mimic the economic characteristics of securities in developing markets. This method provides the fund with the flexibility to adapt its investment strategy in response to changing market conditions and opportunities, enabling an optimized risk-return profile for its investors.

Contact Information

Address: Houston, TX 77046
Phone: 800-341-2929