Fund Evaluator:
Invesco International Diversified A (OIDAX)
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Best Performing in Foreign Large Blend Over the Last Year
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Fund Details
Invesco International Diversified A Overview
Invesco International Diversified A (OIDAX) is an actively managed International Equity Foreign Large Blend fund. Invesco launched the fund in 2005.
The investment seeks capital appreciation. The fund is a special type of mutual fund known as a “fund of funds” because it primarily invests in underlying open-end funds advised by Invesco Advisers, Inc. (Invesco or the Adviser), including exchange-traded funds (ETFs) advised by Invesco Capital Management LLC (Invesco Capital).
About Invesco International Diversified A (OIDAX)
There are 1 members of the management team with an average tenure of 3.42 years: Robert Dunphy (2023). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI ACWI Ex USA NR USD index with a weighting of 100%. Invesco International Diversified A has 7 securities in its portfolio. The top 10 holdings constitute 99.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Invesco International Diversified A is part of the Equity global asset class and is within the International Equity fund group. Invesco International Diversified A has 93.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 4.2%. There is 93.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Invesco International Diversified A has 2.1% of the portfolio in cash.
Assets Under Management
The fund has $763 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
OIDAX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Invesco International Diversified A expense ratio is high compared to funds in the Foreign Large Blend category. Invesco International Diversified A has an expense ratio of 1.29%, which is 37% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Invesco International Diversified A has a portfolio turnover rate of 64%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.
Recently, in the month of July 2026, Invesco International Diversified A returned 1.2%, which earned it a grade of C, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Invesco International Diversified A has a trailing yield of 1.28%, which is below the 2.17% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Invesco International Diversified A Grades
Year to date, the fund has returned 12.6%, 1.0 percentage points better than the category, which translates into a grade of B. The fund has returned 23.0% over the past year (grade of D), 10.3% over the past three years (grade of F) and 2.5% per year over the past five years (grade of F) and 6.9% per year over the past 10 years (grade of F).
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OIDAX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| OIDAX Return (NAV) | 1.2% | 6.5% | 23.0% | 10.3% | 2.5% | 6.9% |
| OIDAX Grade | C | A | D | F | F | F |
| +/- Category | 0.5% | 2.1% | -1.2% | -5.5% | -5.9% | -2.2% |
| Foreign Large Blend Avg | 0.7% | 4.4% | 24.2% | 15.9% | 8.4% | 9.1% |
| OIDAX Tax Cost Ratio | na | na | 6.4% | 2.7% | 2.6% | 1.5% |
OIDAX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| OIDAX Return (NAV) | 12.6% | 21.1% | -2.5% | 15.4% | -25.3% | 3.9% | 20.6% | 24.6% | -14.6% | 32.4% | 0.6% |
| OIDAX Grade | B | F | F | D | F | F | A | B | C | A | C |
| +/- Category | 1.0% | -9.5% | -7.4% | -0.8% | -8.9% | -6.3% | 8.8% | 1.7% | 0.6% | 6.0% | -0.3% |
| Foreign Large Blend Avg | 11.6% | 30.5% | 4.9% | 16.2% | -16.4% | 10.2% | 11.8% | 22.9% | -15.2% | 26.4% | 1.0% |
| Risk Measures | |
| Standard Deviation: | 13.8% |
| Total Risk Index: | 1.12 - Above Average |
| Category Risk Index: | 1.07 - High |
| Category Risk Grade: | F (86% Rank) |
| Beta: | 0.95 |
| R-Squared: | 90% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.3% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1396 Mil |
| Fund Total Assets: | $ 763 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 64% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 3.4 years | |||
| Average Tenure: 3.4 years | |||
| Managers (Year): Dunphy Robert (2023) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 7 |
| % in Top 10 Holdings: | 99.5% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 93.6% |
Portfolio Allocation |
|
| Domestic Stock: | 4.2% |
| Foreign Stock: | 93.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.1% |
Purchase Information
| Fund Family: | Invesco |
| Phone Number: | 800-959-4246 |
| Website: | www.invesco.com/us |
| Status: | Open |
| Inception Date: | September 27, 2005 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 250 |
| True No-Load: | No |
| Front Load Maximum: | 5.50% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.29% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | Invesco International Diversified Y |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 25 |
