| Scorecard |
|---|
|
---
|
|
Lipper
---
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
---
|
U.S. News evaluated 45 Muni National Short 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 2.93 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 0.7% |
| 1 Year | 2.9% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks current interest income exempt from federal individual income tax. The fund invests at least 80% of net assets in securities that pay interest that is, in the opinion of bond counsel to the issuer at the time the security is issued, exempt from federal individual income tax. It invests primarily in municipal bonds, municipal notes and interests in municipal leases and commercial paper issued by the governments of states. The fund seeks to maintain a dollar-weighted average effective portfolio maturity of two years or less. It will not invest more than 5% of total assets in junk bonds. The fund is non-diversified.
Fees
Fees are Above Average compared to funds in the same category.
Oppenheimer Rochester Short Term Municipal Fund has an expense ratio of 0.63 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
