Invesco Developing Markets Fund Class C logo

Invesco Developing Markets Fund Class C (ODVCX)

Market Closed
10 Aug, 20:00
NASDAQ NASDAQ
$
34. 68
-0.07
-0.2014%
$
33.73B Market Cap
0.3% Div Yield
0 Volume
$ 34.75
Previous Close
Add Transaction
Day Range
34.68 34.68
Year Range
28.48 43.56
Want to track ODVCX and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

Summary

ODVCX closed today lower at $34.68, a decrease of -0.2014% from yesterday's close, completing a monthly increase of 2.9997% or $1.01. Over the past 12 months, ODVCX stock gained 14.7205%.
ODVCX pays dividends to its shareholders, with the most recent payment made on Dec 13, 2023. The next estimated payment will be in 13 Dec 2024 on Dec 13, 2024 for a total of $0.075.
The stock of the company had never split.
The company's stock is traded on one exchange.

ODVCX Chart

Invesco Developing Markets Fund Class C (ODVCX) FAQ

What is the stock price today?

The current price is $34.68.

On which exchange is it traded?

Invesco Developing Markets Fund Class C is listed on NASDAQ.

What is its stock symbol?

The ticker symbol is ODVCX.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 0.3%.

What is its market cap?

As of today, the market cap is 33.73B.

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

No, there has never been a stock split.

Invesco Developing Markets Fund Class C Profile

NASDAQ Exchange
United States Country

Overview

The mentioned company operates as an investment fund focusing primarily on the developing and emerging markets across the globe. By investing chiefly in common stocks, it aims to leverage the growth potential of issuers in these dynamic regions. The fund's strategy allows for significant flexibility, as it can allocate up to 100% of its total assets to foreign securities, underscoring a robust commitment to diversifying across international markets. Furthermore, the fund adheres to a strict policy under normal market conditions, ensuring at least 80% of its net assets, including borrowings for investment purposes, are invested in equity securities. These securities are selected from issuers based in developing markets or those with strong economic ties to such countries. By doing so, the fund seeks to capture the economic dynamics of developing markets, potentially offering investors exposure to high growth opportunities.

Products and Services

  • Equity Securities Investment

    The fund invests primarily in equity securities of issuers located in, or with significant exposure to, developing and emerging markets. This includes common stocks of companies that are expected to benefit from the economic growth and development in these regions. By targeting these instruments, the fund aims to achieve long-term capital growth for its investors, adhering to a strategy that seeks out opportunities in markets that are typically characterized by higher growth rates compared to developed economies.

  • Investment in Foreign Securities

    With the flexibility to invest up to 100% of its total assets in foreign securities, the fund embraces global diversification as a core part of its investment strategy. This approach allows the fund to tap into a broader range of investment opportunities beyond domestic markets, including stocks, bonds, and other financial instruments issued by entities outside the investor's home country. Such investments can provide access to fast-growing economies and sectors, potentially enhancing portfolio returns while also introducing a higher level of risk due to factors like currency fluctuations and political instability.

  • Derivatives and Other Instruments

    Aside from direct investments in equity securities, the fund also engages in transactions involving derivatives and other financial instruments that exhibit economic characteristics similar to those of developing market securities. This may include options, futures, and swap contracts related to the equity markets of developing countries. By incorporating these instruments into its portfolio, the fund seeks to enhance its returns, manage risk more effectively, or gain exposure to specific assets or markets without having to invest directly in them. This strategy can provide additional flexibility and opportunities for portfolio optimization.

Contact Information

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