Oppenheimer Rochester® Minnesota Municipal Fund

Scorecard
5 / 5 Stars
Lipper
5 5 3 3 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
A- (Buy)

#1 in Muni Minnesota

U.S. News evaluated 15 Muni Minnesota 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

See full Muni Minnesota rankings

See more fund rankings

Performance

The fund has returned -0.91 percent over the past year, 8.10 percent over the past three years, and 10.69 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 4.4%
1 Year -0.9%
3 Years (Annualized) 8.1%
5 Years (Annualized) 10.7%
10 Years (Annualized) N/A

See more OPAMX performance

Summary

The investment seeks tax-free income. The fund invests at least 80% of its net assets 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 invests at least 80% of its net assets in Minnesota municipal securities. The fund intends to invest its assets so that at least 95% of the exempt-interest dividends that it pays, including any exempt-interest dividends exempt from state taxation under federal law, are derived from Minnesota municipal obligations as required for state tax exemption under Minnesota law.

Fees

Fees are Below Average compared to funds in the same category.
Oppenheimer Rochester® Minnesota Municipal Fund has an expense ratio of 0.80 percent.

See more OPAMX fees

Risk

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

See more OPAMX risk