Oppenheimer Developing Markets Fund Quote
ODVYX Fund | USD 38.52 0.05 0.13% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Oppenheimer Developing is trading at 38.52 as of the 30th of November 2024; that is 0.13% down since the beginning of the trading day. The fund's open price was 38.57. Oppenheimer Developing has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Oppenheimer Developing Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund mainly invests in common stocks of issuers in developing and emerging markets throughout the world and at times it may invest up to 100 percent of its total assets in foreign securities. Under normal market conditions, the fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, in equity securities of issuers whose principal activities are in a developing market, i.e. More on Oppenheimer Developing Markets
Moving against Oppenheimer Mutual Fund
Oppenheimer Mutual Fund Highlights
Fund Concentration | OppenheimerFunds Funds, Large Growth Funds, Diversified Emerging Mkts Funds, Diversified Emerging Mkts, OppenheimerFunds, Large Growth, Diversified Emerging Mkts (View all Sectors) |
Update Date | 30th of September 2024 |
Oppenheimer Developing Markets [ODVYX] is traded in USA and was established 30th of November 2024. Oppenheimer Developing is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of OppenheimerFunds family. This fund now has accumulated 38.33 B in assets with minimum initial investment of 1 K. Oppenheimer Developing is currently producing year-to-date (YTD) return of 0.8% with the current yeild of 0.01%, while the total return for the last 3 years was -7.3%.
Check Oppenheimer Developing Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Developing Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Oppenheimer Developing Markets Mutual Fund Constituents
NOVKY | Novatek DRC | Stock | Oil & Gas E&P | |
BABA | Alibaba Group Holding | Stock | Consumer Discretionary | |
HTHT | Huazhu Group | Stock | Consumer Discretionary | |
YNDX | Yandex NV | Stock | Communication Services | |
YUMC | Yum China Holdings | Stock | Consumer Discretionary | |
ZTO | ZTO Express | Stock | Industrials | |
TCTZF | Tencent Holdings | Pink Sheet | Internet Content & Information |
Oppenheimer Developing Top Holders
MHESX | Mh Elite Select | Mutual Fund | World Allocation |
Oppenheimer Developing Risk Profiles
Mean Deviation | 0.7438 | |||
Standard Deviation | 1.01 | |||
Variance | 1.02 | |||
Risk Adjusted Performance | (0.03) |
Oppenheimer Developing Against Markets
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Developing financial ratios help investors to determine whether Oppenheimer Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oppenheimer with respect to the benefits of owning Oppenheimer Developing security.
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