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    Oppenheimer Rochester High Yld Muni A (ORNAX)

    7.00 Up 0.01(0.14%) Nov 25

    Profile as of Oct 30, 2015Get Profile for:
    Oppenheimer Rochester High Yld Muni A
    Oppenheimer Multi-state Municipal Trust6803 South Tucson WayCentennial, CO 80112-3924
    Phone: 800-225-5677
    Fund Overview 
    Category:High Yield Muni
    Fund Family:OppenheimerFunds
    Net Assets:5.14B
    Year-to-Date Return:3.42%
    Morningstar Rating:3 stars
    Fund Inception Date:Oct 1, 1993
    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 Oct 31, 2001
    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
    ORNAX can be purchased from 104 brokerages.

    Fund Summary 
    The investment seeks tax-free income. Under normal market conditions, and as a fundamental policy, the fund will invest 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 invests in municipal securities issued by the governments of states, their political subdivisions and the District of Columbia, U.S. territories, commonwealths and possessions or by their agencies, instrumentalities and authorities.

    Fund Operations 
    Last Dividend (Oct 26, 2015) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Nov 23, 2015) : 16.00%
    Average for Category:18.90%
    Fees & Expenses 
    ExpenseORNAXCategory Avg
    Annual Report Expense Ratio (net):0.74%0.97%
    Prospectus Net Expense Ratio:0.64%N/A
    Prospectus Gross Expense Ratio:0.98%N/A
    Max 12b1 Fee:0.15%N/A
    Max Front End Sales Load:4.75%3.69%
    Max Deferred Sales Load: N/A2.02%
    3 Yr Expense Projection*:774546
    5 Yr Expense Projection*:993826
    10 Yr Expense Projection*:1,6251,549
    * Per $10,000 invested