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    Oppenheimer Rochester AMT-Free Munis A (OPTAX)

    6.76 Up 0.01(0.15%) Jul 31

    Profile as of Jun 29, 2015Get Profile for:
    Oppenheimer Rochester AMT-Free Munis A
    Oppenheimer Amt-Free Municipals6803 South Tucson WayCentennial CO 80112-3924
    Phone: 800-225-5677
    Fund Overview 
    Category:High Yield Muni
    Fund Family:OppenheimerFunds
    Net Assets:1.93B
    Year-to-Date Return:-0.52%
    Morningstar Rating:3 stars
    Fund Inception Date:Oct 27, 1976
    Morningstar Style Box 
    High Yield Muni
    [View Category Definition]
    View Top High Yield Muni Funds
    About the Morningstar Style Box
    Management Information 
    Daniel G. Loughran
    Lead Manager since Jul 31, 2002
    Loughran has been a senior vice president with OppenheimerFunds, Inc. since 2007 and had been a vice president of OppenheimerFunds, Inc since April 2001 and vice president of the Rochester division of the company since January 1996. He is a portfolio manager and officer of 18 portfolios in the Oppenheimer Funds complex.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:500
    Min Initial Investment, AIP:500
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    OPTAX can be purchased from 112 brokerages.

    Fund Summary 
    The investment seeks tax-free income. Under normal market conditions, and as a fundamental policy, 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 regular federal individual and, as applicable, the fund's state income tax. It will not invest in municipal securities the interest on which would be subject to the federal "alternative minimum tax" (AMT).

    Fund Operations 
    Last Dividend (Jul 27, 2015) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 29, 2015) : 10.00%
    Average for Category:23.21%
    Fees & Expenses 
    ExpenseOPTAXCategory Avg
    Annual Report Expense Ratio (net):0.82%0.96%
    Prospectus Net Expense Ratio:0.79%N/A
    Prospectus Gross Expense Ratio:1.05%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:4.75%3.71%
    Max Deferred Sales Load: N/A2.04%
    3 Yr Expense Projection*:795547
    5 Yr Expense Projection*:1,030832
    10 Yr Expense Projection*:1,7031,560
    * Per $10,000 invested