Oppenheimer Portfolio Series Active Allocation Fund

Scorecard
3 / 5 Stars
Lipper
2 3 2 3 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C- (Hold)

#9 in World Allocation

U.S. News evaluated 120 World Allocation 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

See full World Allocation rankings

See more fund rankings

Performance

The fund has returned 19.55 percent over the past year, 9.37 percent over the past three years, and 13.24 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 4.6%
1 Year 19.5%
3 Years (Annualized) 9.4%
5 Years (Annualized) 13.2%
10 Years (Annualized) N/A

See more OAAAX performance

Summary

The investment seeks total return. The fund is a "fund of funds". It normally allocates 75-85% of its assets based on a "static" allocation among the underlying funds and 15-25% of its assets based on a "tactical allocation" to those funds and to other investments. The static portion of the fund's allocation is divided between the underlying funds based on asset allocation target ranges of 70-90% in equity funds (of which 10-35% of the static portion of the fund may be in foreign equity funds), 10-30% in fixed-income funds and up to 10% in alternative funds that provide asset diversification.

Fees

Fees are Low compared to funds in the same category.
Oppenheimer Portfolio Series Active Allocation Fund has an expense ratio of 0.54 percent.

See more OAAAX fees

Risk

Risk is Average compared to funds in the same category according to Morningstar.

See more OAAAX risk

Quotes delayed at least 15 minutes. Market data provided by Interactive Data and powered by Interactive Data Managed Solutions. Fund data provided by Interactive Data and Morningstar. Contact U.S. News Best Funds. Use of this website constitutes acceptance of the Best Funds Terms and Conditions of Use.