| Scorecard |
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4 / 5 Stars
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Lipper
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Zacks Investment Research
1
(Strong Buy)
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Standard & Poor's
2 / 5 Stars
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TheStreet.com
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U.S. News evaluated 16 Muni Ohio Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 7.70 percent over the past year, 8.33 percent over the past three years, and 5.24 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.5% |
| 1 Year | 7.7% |
| 3 Years (Annualized) | 8.3% |
| 5 Years (Annualized) | 5.2% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks a high level of current interest income exempt from federal and Ohio state income taxes for individual investors as is consistent with preservation of capital. 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 both federal and Ohio state income tax. It does not limit its investments to securities of a particular maturity range, and may hold both short- and long-term securities. However, the fund currently focuses on longer-term securities to seek higher yields.
Fees
Fees are Below Average compared to funds in the same category.
Oppenheimer Rochester Ohio Municipal Fund has an expense ratio of 0.71 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
