Oppenheimer Rochester Short Duration High Yield Municipal Fund Class C (OITCX)

4.28
Net Asset Value
0.00%
1 Day
+6.47%
Year-to-Date
Overall Morningstar Rating
High yield muni
Style or Category
No Load
Sales Expenses
1.72%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks tax-free income. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities the income from which- in the opinion of counsel to the issuer of each security- is exempt from regular federal individual and- as applicable- the fund's state income tax. It selects investments without regard to the alternative minimum tax ("AMT"). Under normal market conditions- the fund will not invest more than 35% of its total assets in securities rated below-investment-grade.

Performance

1 month+2.34% 3 years+0.38%
3 months+5.61% 5 years+0.48%
1 year+1.82% Since inception+3.29%
Data through --

Peer Comparisonvs. High yield muni

 OITCXCategory
Performance 5-yr return+0.48%+3.69%
Expense ratio1.72%0.93%
Risk 5 year sharpe ratio-0.110.71
Net assets$1.1B$1.9B
Average market cap$894.1M$20.4B
Average P/E--12.0
Portfolio turnover26%26%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyOppenheimerFunds
Fund manager & tenureScott Cottier / 15 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

Fixed income95.51%
Cash4.49%
International stock0.01%
U.S. stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer goods 100.00%
Business service 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- 3.97%
-- 3.86%
-- 2.76%
-- 2.43%
-- 2.37%
-- 2.18%
-- 1.88%
-- 1.84%
-- 1.67%
-- 1.59%