4 / 5 Stars
3 2 3 2 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
1 / 5 Stars
U.S. News evaluated 19 Muni Single State Short Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -7.24 percent over the past year, 1.30 percent over the past three years, 4.61 percent over the past five years, and 2.75 percent over the past decade.
|Trailing Returns||Updated 11.30.2013|
|Year to date||-6.0%|
|3 Years (Annualized)||1.3%|
|5 Years (Annualized)||4.6%|
|10 Years (Annualized)||2.7%|
The investment seeks tax-free income. The fund invests at least 95% of its net assets in securities issued by: 1) the State of New York and its political subdivisions, 2) agencies, instrumentalities and public authorities of the State of New York, 3) territories, commonwealths and possessions of the United States. It seeks to maintain a dollar-weighted average effective portfolio maturity of five years or less, however, it can buy securities with maturities of more than five years.
Fees are High compared to funds in the same category.
Oppenheimer Rochester® Limited Term New York Municipal Fund has an expense ratio of 1.56 percent.
Risk is High compared to funds in the same category according to Morningstar.