| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
5
2
1
2
5
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
B+
(Buy)
|
U.S. News evaluated 25 Muni New York Long 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 9.02 percent over the past year, 7.55 percent over the past three years, 5.87 percent over the past five years, and 4.99 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 2.6% |
| 1 Year | 9.0% |
| 3 Years (Annualized) | 7.5% |
| 5 Years (Annualized) | 5.9% |
| 10 Years (Annualized) | 5.0% |
Summary
The investment seeks the maximum current income exempt from federal, New York State and New York City income taxes for individual investors consistent with preservation of capital. The fund normally invests at least 80% of its net assets in New York municipal securities that pay interest that, in the opinion of counsel to the issuer of each security, is exempt from federal and New York State and New York City personal income taxes (referred to as "New York municipal securities"). It will not invest in municipal securities the interest from which would be subject to the federal alternative minimum tax (AMT).
Fees
Fees are High compared to funds in the same category.
Oppenheimer Rochester® AMT-Free New York Municipals Fund has an expense ratio of 1.60 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
