| Scorecard |
|---|
|
---
|
|
Lipper
---
|
|
Zacks Investment Research
---
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
---
|
U.S. News evaluated 49 Ultrashort Bond 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 0.60 percent over the past year.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 0.2% |
| 1 Year | 0.6% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks income. The fund normally invests in short-term, fixed and floating rate, U.S. dollar denominated, investment-grade debt securities with an effective or final maturity of not more than three years. Its investments mainly include: corporate bonds, asset-backed securities, and money market instruments such as commercial paper, certificates of deposit, time deposits and bank notes. The fund will invest more than 25% of its total assets in securities of issuers in the banking industry and in the financial services group of industries.
Fees
Fees are Below Average compared to funds in the same category.
Oppenheimer Short Duration Fund has an expense ratio of 0.25 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
