2 / 5 Stars
5 4 3 2 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#24 in High Yield Muni
U.S. News evaluated 41 High Yield Muni 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 -3.56 percent over the past year, 4.56 percent over the past three years, 6.22 percent over the past five years, and 3.85 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.5%|
|3 Years (Annualized)||4.6%|
|5 Years (Annualized)||6.2%|
|10 Years (Annualized)||3.9%|
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 5% of its total assets in securities rated below-investment-grade at the time of acquisition.
Fees are Above Average compared to funds in the same category.
Oppenheimer Rochester® Limited Term Municipal Fund has an expense ratio of 0.73 percent.
Risk is Low compared to funds in the same category according to Morningstar.