Invesco Fundamental Alternatives Fund (QVOPX)

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Invesco Fundamental Alternatives Fund (QVOPX) is down 0.0% since the beginning of the year. QVOPX is currently trading at $25 per share. Investors who bought $1,000 worth of QVOPX shares 5 years ago would now be looking at an investment worth $1,032.

Invesco Fundamental Alternatives Fund (QVOPX) has returned -0.04% so far this year and 4.74% over the past 12 months. Over the last ten years, QVOPX has returned 1.20% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Dec 30, 1988, QVOPX's average daily return is +0.03%, while the average monthly return is +0.52%. At this rate, an investment would double in approximately 11.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Feb 1991 with a return of +9.5%, while the worst month was Aug 1998 at -14.0%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, QVOPX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +7.0%, while the worst single day was Oct 27, 1997 at -6.0%.

Invesco Fundamental Alternatives Fund has an annualized alpha of 2.13%, beta of 0.41, and R2 of 0.57 versus S&P 500 Index. Calculated based on daily prices since December 30, 1988.

• This fund participated in 47.92% of S&P 500 Index downside but only 46.43% of its upside - more exposed to losses than it benefited from rallies.
• This fund generated an annualized alpha of 2.13% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.41 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

QVOPX has a high expense ratio of 1.33%, indicating above-average management fees.

QVOPX ranks 11 for risk / return — in the bottom 11% 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.

Invesco Fundamental Alternatives Fund provided a 0.74% dividend yield over the last twelve months, with an annual payout of $0.18 per share.

The table displays the monthly dividend distributions for Invesco Fundamental Alternatives 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 Fundamental Alternatives 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 Fundamental Alternatives Fund was 30.55%, occurring on Oct 9, 2002. Recovery took 559 trading sessions.

The current Invesco Fundamental Alternatives Fund drawdown is 5.19%.

The chart below shows the rolling one-month volatility.