Oppenheimer Rochester� Limited Term New York Municipal Fund Class C

 (MUTF:LTNCX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.01%
   
1 week   +0.07%
   
4 week   +0.28%
   
3 month   +0.09%
   
YTD   +0.63%
   
1 year
   
-1.45%  
3 years*
   
-1.11%  
5 years*   +1.58%
   
*annualized
Best 3 month return+8.57%  
Worst 3 month return-8.99%  

Morningstar statistics

Morningstar category: Muni Single State Short
  Return Risk Rating
3 years Below Average High
5 years Above Average High
10 years Average Above Average
Overall Average High

Key statistics

Total assets2.71B 
Front load-  
Deferred load1.00%  
Expense ratio1.53%  
Management fee-  
Fund familyOppenheimerFunds 

Asset allocation

Cash0.82%  
Stocks0.22%  
Bonds98.96%  
Other0.00%  

Purchase information

Initial$1,000  
IRA Initial$500  
AIP Initial$500  
2.970.00(0.00%)
May 26, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks tax-free income. 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 federal and, as applicable, the fund's state income tax. It selects investments without regard to the alternative minimum tax ("AMT"). Additionally, under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in New York municipal securities.
Fund filings (PDF) »
Asset managers:
Daniel Loughran (Started: Jan 31, 1999)
Scott Cottier (Started: Sep 30, 2002)
Mark DeMitry (Started: Sep 30, 2006)
Michael Camarella (Started: Jan 31, 2008)
Troy Willis (Started: Jun 30, 2003)
Charles Pulire (Started: Dec 31, 2010)
Elizabeth Mossow (Started: Jul 29, 2013)
Advisor Company:
OFI Global Asset Management, Inc.
Fund family reports on Morningstar »
OppenheimerFunds, 12100 East Iliff Avenue, Suite 300, Aurora, Colorado, US 80014, United States

Risk

  1 year 3 years 5 years 10 years  
Alpha* -2.91 -4.18 -2.61 -2.08
Beta* 0.20 0.86 0.84 0.86
Mean annual return -0.15 -0.10 0.15 0.19
R-squared* 0.48 44.79 51.79 64.58
Standard deviation 4.04 4.39 3.85 4.66
Sharpe ratio -0.47 -0.28 0.46 0.27
* Against standard index

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