Oppenheimer Ultra-Short Duration Fund

Class Inst (OSDYX)

U.S. News evaluated 55 Ultrashort Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.37 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.1%
1 Year 0.4%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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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 Low compared to funds in the same category.
Oppenheimer Ultra-Short Duration Fund has an expense ratio of 0.38 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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