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Trending ETFs

Invesco Discovery Mid Cap Growth Fund

mutual fund
DMCFX
Payout Change
Suspended
Price as of:
$30.03 -0.13 -0.43%
primary theme
U.S. Mid-Cap Growth Equity
share class
R6 (OEGIX) R5 (DMCFX) Y (OEGYX) R (OEGNX) A (OEGAX) C (OEGCX)
DMCFX (Mutual Fund)

Invesco Discovery Mid Cap Growth Fund

Payout Change
Suspended
Price as of:
$30.03 -0.13 -0.43%
primary theme
U.S. Mid-Cap Growth Equity
share class
R6 (OEGIX) R5 (DMCFX) Y (OEGYX) R (OEGNX) A (OEGAX) C (OEGCX)
DMCFX (Mutual Fund)

Invesco Discovery Mid Cap Growth Fund

Payout Change
Suspended
Price as of:
$30.03 -0.13 -0.43%
primary theme
U.S. Mid-Cap Growth Equity
share class
R6 (OEGIX) R5 (DMCFX) Y (OEGYX) R (OEGNX) A (OEGAX) C (OEGCX)

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Discovery Mid Cap Growth Fund

DMCFX | Fund

$30.03

$6.03 B

0.00%

0.73%

Vitals

YTD Return

31.2%

1 yr return

31.5%

3 Yr Avg Return

8.5%

5 Yr Avg Return

12.9%

Net Assets

$6.03 B

Holdings in Top 10

22.4%

52 WEEK LOW AND HIGH

$30.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.73%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/13/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Discovery Mid Cap Growth Fund

DMCFX | Fund

$30.03

$6.03 B

0.00%

0.73%

DMCFX - Profile

Distributions

  • YTD Total Return 31.2%
  • 3 Yr Annualized Total Return 8.5%
  • 5 Yr Annualized Total Return 12.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.45%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Invesco Discovery Mid Cap Growth Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 24, 2019
  • Shares Outstanding
    N/A
  • Share Class
    R5
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ronald Zibelli

Fund Description

The Fund mainly invests in common stocks of U.S. companies that the portfolio managers expect to have above-average growth rates. The Fund seeks to invest in newer companies or in more established companies that are in the early growth phase of their business cycle, which is typically marked by above average growth rates. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of “mid-cap” issuers, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund defines a mid-capitalization issuer to be one that has a market capitalization, at the time of purchase, within the range of market capitalizations of the largest and smallest capitalized issuers included in the Russell Midcap® Growth Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. This range is subject to change at any time due to market activity or changes in the composition of that index. The range of the Russell Midcap Growth Index is reconstituted annually to preserve its capitalization characteristics. The Fund may invest up to 20% of its net assets in companies in other market capitalization ranges. The Fund measures a company’s capitalization at the time the Fund buys a security, and is not required to sell a security if the issuer’s capitalization moves outside of the Fund’s definition of mid-cap issuers. An issuer’s “market capitalization” is the value of its outstanding stock.
The Fund invests primarily in U.S. companies but may also purchase securities of issuers in any country, including developed countries and emerging markets. The Fund has no limits on the amount of its assets that can be invested in foreign securities, but currently does not intend to invest substantially in such securities.
In selecting investments for the Fund, the portfolio managers look for companies with high growth potential using a “bottom-up” stock selection process. The “bottom-up” approach focuses on fundamental analysis of individual issuers before considering the impact of overall economic, market or industry trends. This approach includes analysis of a company’s financial statements and management structure and consideration of the company’s operations, product development, and its industry position. The portfolio managers currently focus on what they believe to be high-growth companies that are characterized by industry leadership, market share growth, high caliber management teams, sustainable competitive advantages, and strong growth themes or new innovative products or services. The portfolio managers monitor individual issuers for changes in the factors above, which may trigger a decision to sell a security, but does not require a decision to do so. The factors considered by the portfolio managers may vary in particular cases and may change over time.
In attempting to meet its investment objective or to manage subscription and redemption requests, the Fund may engage in active andfrequent trading of portfoliosecurities.
Read More

DMCFX - Performance

Return Ranking - Trailing

Period DMCFX Return Category Return Low Category Return High Rank in Category (%)
YTD 31.2% -7.2% 101.8% 13.40%
1 Yr 31.5% 4.3% 102.6% 15.92%
3 Yr 8.5%* -13.4% 62.9% 55.69%
5 Yr 12.9%* -1.8% 103.9% 15.66%
10 Yr N/A* 3.2% 26.1% 32.66%

* Annualized

Return Ranking - Calendar

Period DMCFX Return Category Return Low Category Return High Rank in Category (%)
2023 13.3% -27.7% 68.0% 73.35%
2022 -30.9% -85.6% 52.8% 50.49%
2021 -0.3% -74.9% 238.3% 46.17%
2020 35.7% -44.1% 2474.5% 25.83%
2019 N/A -50.2% 44.0% N/A

Total Return Ranking - Trailing

Period DMCFX Return Category Return Low Category Return High Rank in Category (%)
YTD 31.2% -7.2% 101.8% 13.40%
1 Yr 31.5% 4.3% 102.6% 15.92%
3 Yr 8.5%* -13.4% 62.9% 55.69%
5 Yr 12.9%* -1.8% 103.9% 15.66%
10 Yr N/A* 3.2% 26.1% 31.85%

* Annualized

Total Return Ranking - Calendar

Period DMCFX Return Category Return Low Category Return High Rank in Category (%)
2023 13.3% -26.1% 68.0% 89.88%
2022 -30.9% -67.0% 56.8% 64.97%
2021 19.2% -23.5% 342.2% 19.56%
2020 40.7% 2.6% 2549.1% 37.92%
2019 N/A 14.6% 44.8% N/A

NAV & Total Return History

DMCFX - Holdings

Concentration Analysis

DMCFX Category Low Category High DMCFX % Rank
Net Assets 6.03 B 2.73 M 100 B 17.25%
Number of Holdings 88 24 3569 36.24%
Net Assets in Top 10 1.33 B 635 K 11.3 B 15.50%
Weighting of Top 10 22.39% 4.5% 97.8% 69.96%

Top 10 Holdings

  1. Invesco Private Prime Fund 3.13%
  2. Monolithic Power Systems, Inc. 2.55%
  3. Ares Management Corp., Class A 2.39%
  4. Invesco Treasury Portfolio, Institutional Class 2.12%
  5. TransDigm Group Inc. 2.11%
  6. Tenet Healthcare Corp. 2.11%
  7. Targa Resources Corp. 2.09%
  8. Hilton Worldwide Holdings Inc. 2.05%
  9. Icon PLC 1.94%
  10. Trane Technologies PLC 1.92%

Asset Allocation

Weighting Return Low Return High DMCFX % Rank
Stocks 		96.76% 58.72% 103.99% 78.68%
Cash 		7.58% 0.00% 28.07% 4.65%
Preferred Stocks 		0.00% 0.00% 6.15% 16.28%
Other 		0.00% -0.11% 14.45% 31.59%
Convertible Bonds 		0.00% 0.00% 0.40% 4.84%
Bonds 		0.00% 0.00% 2.73% 14.15%

Stock Sector Breakdown

Weighting Return Low Return High DMCFX % Rank
Technology 		29.37% 0.04% 62.17% 62.60%
Industrials 		17.60% 0.00% 38.23% 24.42%
Healthcare 		17.44% 0.00% 37.06% 52.13%
Financial Services 		10.36% 0.00% 43.01% 29.07%
Consumer Cyclical 		10.14% 0.00% 57.41% 78.29%
Basic Materials 		4.22% 0.00% 17.25% 17.64%
Real Estate 		3.70% 0.00% 19.28% 26.94%
Energy 		3.48% 0.00% 62.10% 26.55%
Consumer Defense 		2.40% 0.00% 16.40% 45.35%
Communication Services 		1.29% 0.00% 18.33% 71.32%
Utilities 		0.00% 0.00% 12.94% 29.65%

Stock Geographic Breakdown

Weighting Return Low Return High DMCFX % Rank
US 		96.76% 46.79% 103.99% 66.67%
Non US 		0.00% 0.00% 34.12% 28.88%

DMCFX - Expenses

Operational Fees

DMCFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% 0.02% 17.54% 83.72%
Management Fee 0.61% 0.00% 1.50% 21.94%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

DMCFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DMCFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DMCFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 250.31% 92.66%

DMCFX - Distributions

Dividend Yield Analysis

DMCFX Category Low Category High DMCFX % Rank
Dividend Yield 0.00% 0.00% 33.43% 23.06%

Dividend Distribution Analysis

DMCFX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

DMCFX Category Low Category High DMCFX % Rank
Net Income Ratio -0.45% -2.24% 2.75% 36.61%

Capital Gain Distribution Analysis

DMCFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

DMCFX - Fund Manager Analysis

Managers

Ronald Zibelli

Start Date

Tenure

Tenure Rank

Jun 05, 2007

15.0

15.0%

Mr. Zibelli has been a Senior Vice President of OppenheimerFunds, Inc since January 2014 and a Senior Portfolio Manager since May 2006. He was a Vice President of OppenheimerFunds from May 2006 to January 2014. Prior to joining OppenheimerFunds, he spent six years at Merrill Lynch Investment Managers, during which time he was a Managing Director and Small Cap Growth Team Leader. Prior to joining Merrill Lynch Investment Managers, Mr. Zibelli spent 12 years with Chase Manhattan Bank, including two years as Senior Portfolio Manager at Chase Asset Management.

Justin Livengood

Start Date

Tenure

Tenure Rank

Feb 28, 2014

8.26

8.3%

Mr. Livengood has been a Vice President of OppenheimerFunds since May 2006 and a Senior Portfolio Manager since January 2014. He was a Senior Research Analyst from May 2006 to January 2014, responsible for the health care, energy and financial services sectors for mid- and small-cap growth accounts. Before joining OppenheimerFunds in May 2006, Mr. Livengood was a vice president and fund analyst with Merrill Lynch Investment Managers. During his tenure at Merrill Lynch he also worked as an investment banking analyst in the Global Media Group and as an associate with Merrill Lynch Ventures.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.42 11.76

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