Oppenheimer Corporate Bond Fund

U.S. News evaluated 49 Corporate Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 9.67 percent over the past year, and 7.90 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 6.4%
1 Year 9.7%
3 Years (Annualized) 7.9%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

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

Fees are Above Average compared to funds in the same category.
Oppenheimer Corporate Bond Fund has an expense ratio of 0.55 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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