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Oppenheimer Rochester High Yld Muni C (ORNCX)

7.12 Up 0.01(0.14%) Nov 26

Profile as of Oct 30, 2014Get Profile for:
Oppenheimer Rochester High Yld Muni C
6803 South Tucson Way
Phone: 800-225-5677
Fund Overview 
Category:High Yield Muni
Fund Family:OppenheimerFunds
Net Assets:5.37B
Year-to-Date Return:13.46%
Morningstar Rating:3 stars
Fund Inception Date:Aug 29, 1995
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:N/A
Min Subsequent Investment:50
Min Subsequent Investment, IRA:25
Min Subsequent Investment, AIP:N/A
ORNCX can be purchased from 57 brokerages.

Fund Summary 
The investment seeks tax-free income. The fund normally 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 federal income tax. It intends to invest approximately 50% to 70% of its total assets in these types of securities. The fund may invest in lower-rated and below-investment-grade securities without limit, the fund's investments should be considered speculative.

Fund Operations 
Last Dividend (Nov 24, 2014) : 0.04
Last Cap Gain : 0.00
Annual Holdings Turnover (Nov 25, 2014) : 16.00%
Average for Category:25.94%
Fees & Expenses 
ExpenseORNCXCategory Avg
Annual Report Expense Ratio (net):1.47%0.99%
Prospectus Net Expense Ratio:1.39%N/A
Prospectus Gross Expense Ratio:1.74%N/A
Max 12b1 Fee:0.90%N/A
Max Front End Sales Load:N/A3.79%
Max Deferred Sales Load: 1.00%2.18%
3 Yr Expense Projection*:553540
5 Yr Expense Projection*:952803
10 Yr Expense Projection*:2,0691,519
* Per $10,000 invested