Invesco Discovery Mid Cap Growth Fund Class A (OEGAX)

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The chart shows the growth of an initial investment of $10,000 in Invesco Discovery Mid Cap Growth Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) has returned 0.93% so far this year and 20.80% over the past 12 months. Over the last ten years, OEGAX has returned 11.40% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Oct 31, 2000, OEGAX's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, your investment would double in approximately 7.0 years.

Historically, 59% of months were positive and 41% were negative. The best month was Apr 2001 with a return of +19.3%, while the worst month was Feb 2001 at -19.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, OEGAX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +10.5%, while the worst single day was Mar 16, 2020 at -13.0%.

Invesco Discovery Mid Cap Growth Fund Class A has an annualized alpha of 2.07%, beta of 1.07, and R² of 0.75 versus S&P 500 Index. Calculated based on daily prices since November 01, 2000.

• This fund captured 125.63% of S&P 500 Index gains and 113.79% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 2.07% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.07 and R² of 0.75, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

OEGAX has a high expense ratio of 1.05%, indicating above-average management fees.

OEGAX ranks 33 for risk / return — below 33% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) and compare them to a chosen benchmark (S&P 500 Index).

Invesco Discovery Mid Cap Growth Fund Class A provided a 9.01% dividend yield over the last twelve months, with an annual payout of $2.45 per share.

The table displays the monthly dividend distributions for Invesco Discovery Mid Cap Growth Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Invesco Discovery Mid Cap Growth Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco Discovery Mid Cap Growth Fund Class A was 53.73%, occurring on Oct 9, 2002. Recovery took 254 trading sessions.

The current Invesco Discovery Mid Cap Growth Fund Class A drawdown is 10.16%.

The chart below shows the rolling one-month volatility.