3 / 5 Stars
5 5 3 1 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#30 in Corporate Bond
U.S. News evaluated 47 Corporate Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 2.57 percent over the past year, and 7.13 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.5%|
|3 Years (Annualized)||7.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return. Under normal market conditions, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in corporate bonds. It will invest mainly in "investment grade" debt securities, which are those rated in one of the top four categories by nationally recognized statistical rating organizations such as Moody's or Standard & Poor's. The fund seeks to maintain average effective portfolio duration of approximately three to nine years, measured on a dollar-weighted basis.
Fees are Above Average compared to funds in the same category.
Oppenheimer Corporate Bond Fund has an expense ratio of 1.00 percent.
Risk is Average compared to funds in the same category according to Morningstar.