| Scorecard |
|---|
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3 / 5 Stars
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|
Lipper
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Zacks Investment Research
2
(Buy)
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|
Standard & Poor's
3 / 5 Stars
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TheStreet.com
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U.S. News evaluated 38 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all OppenheimerFunds funds
Performance
The fund has returned 4.48 percent over the past year, 6.00 percent over the past three years, 5.11 percent over the past five years, and 4.99 percent over the past decade.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 1.1% |
| 1 Year | 4.5% |
| 3 Years (Annualized) | 6.0% |
| 5 Years (Annualized) | 5.1% |
| 10 Years (Annualized) | 5.0% |
Summary
The investment seeks a high level of current income exempt from federal income tax. The fund normally invests at least 80% of its assets in investment-grade municipal securities that are exempt from federal income tax. It invests in municipal securities issued by the governments of states, their political subdivisions, the District of Columbia, U.S. territories, commonwealths and possessions or by their agencies, instrumentalities and authorities, if the interest paid on the security is not subject to federal personal income tax. The fund seeks to maintain a dollar-weighted effective portfolio maturity of five years or less.
Fees
Fees are High compared to funds in the same category.
Oppenheimer Rochester® Limited Term Municipal Fund has an expense ratio of 0.46 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
