- Issuer
- Invesco
- Inception Date
- Nov 1, 2000
- Category
- Mid Cap Growth Equities
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
OEGAX Performance Chart
Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) is up 26.4% since the beginning of the year. OEGAX is currently trading at $34 per share. Investors who bought $1,000 worth of OEGAX shares 5 years ago would now be looking at an investment worth $1,442.
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Returns By Period
Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) has returned 26.40% so far this year and 32.06% over the past 12 months. Over the last ten years, OEGAX has had an annualized return of 13.54%, just under the S&P 500 Index benchmark’s 13.88%.
Invesco Discovery Mid Cap Growth Fund Class A
- 1D
- 1.46%
- 1M
- 3.69%
- YTD
- 26.40%
- 6M
- 23.20%
- 1Y
- 32.06%
- 3Y*
- 19.97%
- 5Y*
- 7.60%
- 10Y*
- 13.54%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
OEGAX Monthly Returns History
Based on dividend-adjusted daily data since Oct 31, 2000, OEGAX's average daily return is +0.05%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 60% of months were positive and 40% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.36% | 6.60% | -6.26% | 12.36% | 3.93% | 2.81% | 26.40% | ||||||
| 2025 | 5.02% | -9.32% | -8.02% | 2.05% | 9.14% | 6.50% | -0.24% | 0.07% | 3.01% | 1.81% | -1.52% | -2.13% | 4.85% |
| 2024 | 1.61% | 10.41% | 3.41% | -5.20% | 1.74% | -0.23% | 0.80% | 2.49% | 3.50% | 0.43% | 11.84% | -7.46% | 24.09% |
| 2023 | 3.84% | -0.79% | 2.10% | -1.10% | -2.03% | 8.43% | 1.39% | -2.83% | -6.39% | -5.56% | 11.57% | 5.19% | 12.96% |
| 2022 | -15.22% | -1.83% | -0.32% | -10.37% | -2.76% | -8.05% | 11.69% | -1.60% | -7.56% | 5.29% | 3.53% | -6.42% | -31.09% |
| 2021 | -0.66% | 5.85% | -3.72% | 6.26% | -2.78% | 4.43% | 4.15% | 4.24% | -5.26% | 8.57% | -3.80% | 0.93% | 18.44% |
Benchmark Metrics
Invesco Discovery Mid Cap Growth Fund Class A has an annualized alpha of 2.15%, beta of 1.07, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since October 31, 2000.
- This fund captured 124.63% of S&P 500 Index gains and 113.06% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.15% 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.
- Alpha
- 2.15%
- Beta
- 1.07
- R²
- 0.75
- Upside Capture
- 124.63%
- Downside Capture
- 113.06%
Expense Ratio
OEGAX has a high expense ratio of 1.05%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
OEGAX ranks 52 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco Discovery Mid Cap Growth Fund Class A (OEGAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OEGAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 2.78 | +0.77 |
| Martin ratioReturn relative to average drawdown | 12.68 | 12.44 | +0.25 |
Dividends
Dividend History
Invesco Discovery Mid Cap Growth Fund Class A provided a 7.20% dividend yield over the last twelve months, with an annual payout of $2.45 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.45 | $2.45 | $1.38 | $0.00 | $0.00 | $5.73 | $1.08 | $0.99 | $1.78 | $1.86 | $0.15 | $0.72 |
Dividend yield | 7.20% | 9.10% | 4.95% | 0.00% | 0.00% | 18.94% | 3.55% | 4.40% | 10.54% | 9.32% | 0.89% | 4.27% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.45 | $2.45 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.38 | $1.38 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.73 | $5.73 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
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 0.67%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -53.73%Oct 2002 | 1y 8mo | 1y 4d | 2y 8moJan 2001 - Oct 2003 |
Financial crisis2007–2009 | -53.33%Mar 2009 | 1y 4mo | 1y 11mo | 3y 3moNov 2007 - Feb 2011 |
Bear market2022 | -39.38%Jun 2022 | 7mo 1d | 2y 5mo | 3y 18dNov 2021 - Dec 2024 |
COVID crash2020 | -35.23%Mar 2020 | 1mo 2d | 3mo 11d | 4mo 13dFeb 2020 - Jul 2020 |
2004 bear market2004 | -30.34%Aug 2004 | 6mo 25d | 1y 3mo | 1y 10moJan 2004 - Dec 2005 |
Drawdown Indicators
| OEGAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.73% | -56.78% | +3.05% |
Max Drawdown (1Y)Largest decline over 1 year | -10.16% | -9.10% | -1.06% |
Max Drawdown (3Y)Largest decline over 3 years | -28.64% | -18.90% | -9.74% |
Max Drawdown (5Y)Largest decline over 5 years | -39.38% | -25.43% | -13.95% |
Max Drawdown (10Y)Largest decline over 10 years | -39.38% | -33.92% | -5.46% |
Current DrawdownCurrent decline from peak | -0.67% | -1.80% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -12.76% | -10.71% | -2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 2.03% | +0.70% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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