Invesco Global Strategic Income Fund (OPSIX)

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Invesco Global Strategic Income Fund (OPSIX) is down 2.2% since the beginning of the year. OPSIX is currently trading at $3 per share. Investors who bought $1,000 worth of OPSIX shares 5 years ago would now be looking at an investment worth $1,035.

Invesco Global Strategic Income Fund (OPSIX) has returned -2.24% so far this year and 3.49% over the past 12 months. Over the last ten years, OPSIX has returned 2.01% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Oct 16, 1989, OPSIX's average daily return is +0.02%, while the average monthly return is +0.47%. At this rate, an investment would double in approximately 12.3 years.

Historically, 69% of months were positive and 31% were negative. The best month was May 2020 with a return of +6.1%, while the worst month was Mar 2020 at -15.6%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, OPSIX closed higher 31% of trading days. The best single day was May 2, 2008 with a return of +6.8%, while the worst single day was May 1, 2008 at -6.3%.

Invesco Global Strategic Income Fund has an annualized alpha of 4.90%, beta of 0.08, and R2 of 0.06 versus S&P 500 Index. Calculated based on daily prices since October 17, 1989.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (31.10%) than losses (24.01%) - typical of diversified or defensive assets.
• Beta of 0.08 may look defensive, but with R2 of 0.06 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.06 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

OPSIX has a high expense ratio of 1.00%, indicating above-average management fees.

OPSIX ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Invesco Global Strategic Income Fund (OPSIX) and compare them to S&P 500 Index.

Invesco Global Strategic Income Fund provided a 3.76% dividend yield over the last twelve months, with an annual payout of $0.12 per share.

The table displays the monthly dividend distributions for Invesco Global Strategic Income Fund. 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 Global Strategic Income Fund. 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 Global Strategic Income Fund was 25.45%, occurring on Nov 20, 2008. Recovery took 322 trading sessions.

The current Invesco Global Strategic Income Fund drawdown is 3.41%.

The chart below shows the rolling one-month volatility.