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Invesco Main Street Small Cap Fund
mutual fund
OSSIX
Payout Change
Pending
Price as of:
$25.11
-0.18
-0.71%
primary theme
U.S. Small-Cap Blend Equity
share class
OSSIX (Mutual Fund)
Invesco Main Street Small Cap Fund
Payout Change
Pending
Price as of:
$25.11
-0.18
-0.71%
primary theme
U.S. Small-Cap Blend Equity
share class
OSSIX (Mutual Fund)
Invesco Main Street Small Cap Fund
Payout Change
Pending
Price as of:
$25.11
-0.18
-0.71%
primary theme
U.S. Small-Cap Blend Equity
share class
Name
As of 12/10/2024Price
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
Vitals
YTD Return
19.8%
1 yr return
28.8%
3 Yr Avg Return
6.6%
5 Yr Avg Return
12.5%
Net Assets
$2 B
Holdings in Top 10
27.7%
52 WEEK LOW AND HIGH
$25.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 58.00%
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 12/10/2024Price
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
OSSIX - Profile
Distributions
- YTD Total Return 19.8%
- 3 Yr Annualized Total Return 6.6%
- 5 Yr Annualized Total Return 12.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.15%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameInvesco Main Street Small Cap Fund
-
Fund Family NameOppenheimerFunds
-
Inception DateMay 17, 2013
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Ziehl
Fund Description
Under normal market conditions, the Fund will invest at least 80% of its net assets, including any borrowings for investment purposes, in securities of “small-cap” companies, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund considers a small-cap company 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 companies included in the Russell 2000® Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. A company’s market capitalization is the value of its outstanding stock. The Fund is not required to sell a security if the company’s capitalization moves outside of the Fund’s capitalization definition.
Although the Fund mainly invests in U.S. companies, it can invest in securities issued by companies or governments in any country; however, it does not currently intend to invest substantially in foreign securities. The Fund primarily invests in common stock but may also invest in other types of securities such as real estate investment trusts (“REITs”) or other securities that are consistent with its investment objective.
The portfolio managers use fundamental research to select securities for the Fund’s portfolio. While the process may change over time or vary in particular cases, in general the selection process currently uses a fundamental approach in analyzing issuers on factors such as a company’s financial performance, competitive strength and prospects, industry position, and business model and management strength. Industry outlook, market trends and general economic conditions may also be considered.
The Fund aims to maintain a broad diversification across all major economic sectors. In constructing the portfolio, the Fund seeks to limit exposure to so-called “top-down” or “macro” risks, such as overall stock market movements, economic cycles, and interest rate or currency fluctuations. Instead, the portfolio managers seek to add value by selecting individual securities that they believe have superior company-specific fundamental attributes or relative valuations that they expect to outperform their industry and sector peers. This is commonly referred to as a “bottom-up” approach to portfolio construction.
The portfolio managers consider stock rankings, benchmark weightings and capitalization outlooks in determining security weightings for individual issuers. The portfolio managers might sell a security if the price is approaching their price target, if the company’s competitive position has deteriorated or the company’s management has performed poorly, or if they have identified more attractive investment prospects.
OSSIX - Performance
Return Ranking - Trailing
| Period | OSSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.8% | -1.0% | 40.8% | 23.81% |
| 1 Yr | 28.8% | 0.0% | 51.3% | 16.57% |
| 3 Yr | 6.6%* | -11.6% | 45.9% | 26.78% |
| 5 Yr | 12.5%* | -12.1% | 35.2% | 10.44% |
| 10 Yr | 10.0%* | -2.6% | 18.7% | 10.50% |
* Annualized
Return Ranking - Calendar
| Period | OSSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.2% | -19.9% | 29.0% | 22.56% |
| 2022 | -16.2% | -59.3% | 118.2% | 16.92% |
| 2021 | 13.1% | -31.6% | 39.3% | 38.28% |
| 2020 | 19.3% | -51.0% | 39.5% | 7.41% |
| 2019 | 25.8% | -5.6% | 37.8% | 10.46% |
Total Return Ranking - Trailing
| Period | OSSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.8% | -1.0% | 40.8% | 23.81% |
| 1 Yr | 28.8% | 0.0% | 51.3% | 16.57% |
| 3 Yr | 6.6%* | -11.6% | 45.9% | 26.78% |
| 5 Yr | 12.5%* | -12.1% | 35.2% | 10.44% |
| 10 Yr | 10.0%* | -2.6% | 18.7% | 10.50% |
* Annualized
Total Return Ranking - Calendar
| Period | OSSIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.9% | -11.7% | 31.8% | 29.25% |
| 2022 | -15.7% | -45.2% | 123.7% | 35.96% |
| 2021 | 22.2% | 0.0% | 45.6% | 55.47% |
| 2020 | 20.3% | -50.5% | 46.9% | 10.82% |
| 2019 | 26.2% | 2.2% | 40.9% | 29.92% |
NAV & Total Return History
OSSIX - Holdings
Concentration Analysis
| OSSIX | Category Low | Category High | OSSIX % Rank | |
|---|---|---|---|---|
| Net Assets | 2 B | 555 K | 145 B | 16.54% |
| Number of Holdings | 100 | 2 | 2445 | 63.69% |
| Net Assets in Top 10 | 572 M | 124 K | 10.3 B | 11.60% |
| Weighting of Top 10 | 27.67% | 3.1% | 100.1% | 16.79% |
Top 10 Holdings
- Invesco Private Prime Fund 8.86%
- Invesco Private Government Fund 3.36%
- ADMA Biologics, Inc. 2.64%
- Summit Materials, Inc., Class A 1.95%
- KB Home 1.94%
- Zurn Elkay Water Solutions Corp. 1.93%
- AutoNation, Inc. 1.82%
- Allison Transmission Holdings, Inc. 1.81%
- PennyMac Financial Services, Inc. 1.74%
- Korn Ferry 1.62%
Asset Allocation
| Weighting | Return Low | Return High | OSSIX % Rank | |
|---|---|---|---|---|
| Stocks | 98.68% | 4.44% | 107.74% | 46.96% |
| Cash | 13.46% | 0.00% | 27.02% | 2.66% |
| Preferred Stocks | 0.00% | 0.00% | 5.13% | 34.41% |
| Other | 0.00% | -0.07% | 49.08% | 65.40% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 34.29% |
| Bonds | 0.00% | 0.00% | 102.81% | 39.73% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | OSSIX % Rank | |
|---|---|---|---|---|
| Industrials | 18.77% | 2.46% | 37.42% | 29.04% |
| Financial Services | 15.36% | 0.00% | 35.52% | 52.31% |
| Healthcare | 14.76% | 0.00% | 26.53% | 37.69% |
| Technology | 14.14% | 0.00% | 43.95% | 46.54% |
| Consumer Cyclical | 11.33% | 0.99% | 47.79% | 51.92% |
| Energy | 6.35% | 0.00% | 37.72% | 48.85% |
| Real Estate | 5.38% | 0.00% | 29.43% | 69.81% |
| Consumer Defense | 4.44% | 0.00% | 18.87% | 40.38% |
| Basic Materials | 4.28% | 0.00% | 18.66% | 57.88% |
| Utilities | 3.39% | 0.00% | 18.58% | 23.46% |
| Communication Services | 1.80% | 0.00% | 14.85% | 74.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | OSSIX % Rank | |
|---|---|---|---|---|
| US | 97.50% | 2.58% | 107.74% | 61.98% |
| Non US | 1.18% | 0.00% | 97.07% | 8.75% |
OSSIX - Expenses
Operational Fees
| OSSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.71% | 0.01% | 38.30% | 77.48% |
| Management Fee | 0.64% | 0.00% | 1.50% | 34.54% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| OSSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| OSSIX 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.
| OSSIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 58.00% | 1.00% | 314.00% | 60.04% |
OSSIX - Distributions
Dividend Yield Analysis
| OSSIX | Category Low | Category High | OSSIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.53% | 0.00% | 42.47% | 59.51% |
Dividend Distribution Analysis
| OSSIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| OSSIX | Category Low | Category High | OSSIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.15% | -2.40% | 2.49% | 52.31% |
Capital Gain Distribution Analysis
| OSSIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2023 | $0.134 | OrdinaryDividend |
| Dec 14, 2022 | $0.110 | OrdinaryDividend |
| Dec 14, 2021 | $1.347 | OrdinaryDividend |
| Apr 21, 2021 | $0.301 | OrdinaryDividend |
| Dec 11, 2020 | $0.161 | OrdinaryDividend |
| Dec 13, 2019 | $0.047 | CapitalGainLongTerm |
| Dec 07, 2018 | $0.158 | CapitalGainShortTerm |
| Dec 07, 2018 | $0.892 | CapitalGainLongTerm |
| Dec 07, 2018 | $0.058 | OrdinaryDividend |
| Dec 08, 2017 | $0.256 | CapitalGainShortTerm |
| Dec 08, 2017 | $0.549 | CapitalGainLongTerm |
| Dec 08, 2017 | $0.093 | OrdinaryDividend |
| Dec 28, 2016 | $0.005 | OrdinaryDividend |
| Dec 01, 2016 | $0.076 | OrdinaryDividend |
| Dec 29, 2015 | $0.007 | OrdinaryDividend |
| Dec 01, 2015 | $0.084 | OrdinaryDividend |
| Dec 30, 2014 | $0.004 | OrdinaryDividend |
| Dec 11, 2014 | $0.041 | CapitalGainShortTerm |
| Dec 11, 2014 | $0.000 | CapitalGainLongTerm |
| Dec 11, 2014 | $0.016 | OrdinaryDividend |
| Dec 12, 2013 | $0.050 | OrdinaryDividend |
| Dec 12, 2013 | $0.037 | CapitalGainShortTerm |
OSSIX - Fund Manager Analysis
Managers
Matthew Ziehl
Start Date
Tenure
Tenure Rank
May 17, 2013
9.04
9.0%
Mr. Ziehl has been a Vice President and senior portfolio manager of OppenheimerFunds, Inc. since May 2009. Prior to joining OppenheimerFunds, Inc., Mr. Ziehl was a portfolio manager with RS Investment Management Co. LLC from October 2006 to May 2009 and served as a managing director at The Guardian Life Insurance Company from December 2001 to October 2006 when Guardian Life Insurance acquired an interest in RS Investment Management Co. LLC. Mr. Ziehl served as a portfolio manager and team leader at Salomon Brothers Asset Management, Inc. from January 2001 to December 2001. Mr. Ziehl has a B.A.
Magnus Krantz
Start Date
Tenure
Tenure Rank
May 17, 2013
9.04
9.0%
Mr. Krantz has been a Vice President of the Sub-Adviser since May 2009 and a portfolio manager of the Sub-Adviser since November 2012. He has served as sector manager for technology for the Sub-Adviser’s Main Street Investment Team since May 2009. Prior to joining the Sub-Adviser, Mr. Krantz was a sector manager at RS Investments and Guardian Life Insurance Company. Mr. Krantz joined Guardian Life Insurance Company in December 2005 and transitioned to RS Investments in October 2006 in connection with Guardian Life Insurance Company’s acquisition of an interest in RS Investments. Mr. Krantz ser
Joy Budzinski
Start Date
Tenure
Tenure Rank
May 17, 2013
9.04
9.0%
Budzinski has been a Vice President of the Sub-Adviser since May 2009 and a portfolio manager of the Sub-Adviser since November 2012. She has served as sector manager for healthcare for the Sub-Adviser’s Main Street Investment Team since May 2009. Prior to joining the Sub-Adviser, Ms. Budzinski was a healthcare sector manager at RS Investments and Guardian Life Insurance Company. Ms. Budzinski joined Guardian Life Insurance Company in August 2006 and transitioned to RS Investments in October 2006 in connection with Guardian Life Insurance Company’s acquisition of an interest in RS Investments.
Raman Vardharaj
Start Date
Tenure
Tenure Rank
May 17, 2013
9.04
9.0%
Mr. Vardharaj has been a Vice President and portfolio manager of the Sub-Adviser since May 2009. Prior to joining the Sub-Adviser, Mr. Vardharaj was a senior quantitative analyst creating stock selection models, monitoring portfolio risks and analyzing portfolio performance across the RS Core Equity Team of RS Investment Management Co. LLC from October 2006 to May 2009. He served as quantitative analyst at The Guardian Life Insurance Company of America from 1998 to October 2006 when Guardian Life Insurance acquired an interest in RS Investment Management Co. LLC. Mr. Vardharaj is a portfolio m
Adam Weiner
Start Date
Tenure
Tenure Rank
May 17, 2013
9.04
9.0%
Mr. Weiner has been a Vice President of the Sub-Adviser since May 2009 and a portfolio manager of the Sub-Adviser since November 2012. He has served as sector manager for industrials and materials for the Sub-Adviser’s Main Street Investment Team since May 2009. Prior to joining the Sub-Adviser, Mr. Weiner was a sector manager at RS Investments for industrials and materials. Prior to joining RS Investments in January 2007, Mr. Weiner was a Director and senior equity analyst at Credit Suisse Asset Management (CSAM). Mr. Weiner served as an equity analyst at Credit Suisse First Boston from 2004 to 2006 (buy-side) and 1999 to 2004 (sell-side) and Morgan Stanley from 1996 to 1999. Mr. Weiner also served as an internal auditor at Dun and Bradstreet from 1992 to 1996 and as a budget analyst, Information Resources Division of the Executive Office of the President from 1990 to 1992. Mr. Weiner is a portfolio manager of other portfolios in the OppenheimerFunds complex.Mr. Weiner holds an M.B.A. from New York University and a B.A. in finance from George Washington University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |
