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

Net Asset Value
1 Day
Overall Morningstar Rating
High yield muni
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month+2.18% 3 years-0.57%
3 months+4.17% 5 years-0.32%
1 year-1.37% Since inception+3.22%
Data through --

Peer Comparisonvs. High yield muni

Performance 5-yr return-0.32%+3.69%
Expense ratio1.72%0.94%
Risk 5 year sharpe ratio-0.220.68
Net assets$1.1B$1.8B
Average market cap$727.4M$24.6B
Average P/E--13.3
Portfolio turnover26%26%

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Fund Management and Purchase Info

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


Fixed income99.95%
U.S. stock0.00%
International stock0.00%
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
-- 3.88%
-- 3.76%
-- 2.76%
-- 2.39%
-- 2.31%
-- 2.12%
-- 1.80%
-- 1.71%
-- 1.63%
-- 1.57%