| Ticker: | OPPEX |
| Manager: | Michelle Borr# |
| Manager Since: | 04/09 |
| NAV (05/23/2013): | 9.53 |
| Objective: | Equity - Income |
| Peer: | IN LV |
| Net Assets ($mil): | 1422.23 |
| Inception: | 12/01/1970 |
OPPEX : Description
Incepted in December 1970, this fund is managed by Oppenheimer Funds Group. The objective of this fund is to seek current income as is compatible with prudent investment. The fund invests 65% of its total assets in equity and debt securities that are expected to generate income. The fund focuses its investments in both debt and equity securities. Equity securities include dividend-paying common stocks, preferred stocks and securities convertible into common stock of domestic and foreign issuers and of different capitalization ranges. Debt securities include corporate and government bonds and debentures of domestic and foreign issuers. The fund offers dividends on a quarterly basis and distributes capital gains annually.
OPPEX : Composition - 05/13
| Stocks | 29.58% |
| Foreign Stocks | 2.90% |
| Cash | 15.31% |
| Bonds | 54.69% |
| Foreign Bonds | 0.00% |
| Preferred | 2.42% |
| Convertible | 1.47% |
| Other | -3.48% |
| Foreign Hedged | 0.00% |
OPPEX : Style Analysis - 05/13
| Large Growth | 18.65% |
| Large Value | 0.00% |
| Small Growth | 0.00% |
| Small Value | 7.32% |
| Foreign Stock | 18.65% |
| Emerging Market | 0.00% |
| Precious Metals | 0.73% |
| Intermediate Bond | 11.88% |
| High Yield Bond | 32.57% |
| Foreign Bond | 0.00% |
OPPEX : Risk Analysis
| Beta v. S&P 500 | 0.29 |
| Beta v. EAFE | 0.04 |
| Beta v. Barclays Agg Bond | 0.48 |
| Alpha 3 Yr | 4.56 |
| Alpha 5 Yr | -2.79 |
| R-Sq 3 Yr | 0.84 |
| R-Sq 5 Yr | 0.73 |
| Std Dev 3 Yr | 4.98 |
| Std Dev 5 Yr | 13.44 |
| Sharpe 3 Yr | 1.76 |
| Sharpe 5 Yr | 0.09 |
OPPEX : Fees
| Expense Ratio | 1.00 |
| % Max Load | 5.75 |
| % Min Load | 0.00 |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.23 |
| % Max Mgt Fee | 0.55 |
OPPEX : Purchase Choices:
| Min Initial Investment | 1000 |
| Min Subsequent Investment | 50 |
OPPEX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 12.14 | 12.46 | 11.82 | 13.16 | 11.39 | 6.78 | 7.96 | 8.52 | 8.53 | 9.11 | 9.53 |
| Total Return (%) | 33.46 | 10.28 | 2.42 | 15.17 | -1.85 | -37.03 | 18.10 | 11.63 | 4.20 | 11.08 | 4.17 |
| Annual Dividend Yield (%) | 3.95 | 3.70 | 3.11 | 2.67 | 4.06 | 3.80 | 0.56 | 3.90 | 3.82 | 3.70 | 2.94 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | 47.78 | -5.89 | -24.70 | -6.23 | -73.49 | -0.22 | -83.17 | -34.32 | 21.07 | -49.11 | -85.72 |
| Rel Performance-Obj.Ret.(%) | 87.15 | -17.57 | -75.01 | 0.22 | -45.26 | -48.27 | -52.53 | -15.17 | 28.89 | -13.07 | -64.47 |
| Ret.Quintile vs Obj(1 is best) | 1 | 4 | 5 | 4 | 5 | 4 | 4 | 4 | 2 | 4 | 5 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 2,377 | 2,380 | 2,630 | 2,595 | 2,566 | 2,176 | 1,521 | 1,451 | 1,423 | 1,422 | 1,422 |
| Annual Turnover (%) | 141.00 | 52.00 | 62.00 | 66.00 | 66.00 | 68.00 | 92.00 | 77.00 | 92.00 | 80.00 | 0.00 |
| Annual Dividend Paid ($) | 0.51 | 0.50 | 0.40 | 0.37 | 0.53 | 0.28 | 0.04 | 0.35 | 0.34 | 0.35 | 0.00 |
| Annual Capital Gains Paid($) | 0.00 | 0.39 | 0.53 | 0.05 | 1.01 | 0.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
OPPEX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 1.28% | 2.26% | 4.76% | 4.17% | 10.01% | 8.79% | 0.51% | 4.53% | 3.16% | 6.60% |
| Ret. Percentile vs. Obj. (1 is best) | 87 | 92 | 91 | 91 | 88 | 79 | 88 | 94 | 93 | 95 |
OPPEX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 24.62 |
| Average Price/Book | 4.02 |
| Average EPS Growth | 9.52 |
| Average Market Value | 97,318.00 |
OPPEX : Stock Sector Breakout - 05/13
OPPEX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| OPPENHEIMER MASTER LOAN FD | 8.59 | 1 |
| H J HEINZ FIN CO | 1.85 | 295 |
| OPPENHEIMER SHORT DURATION FD | 1.21 | 1 |
| PPL CORPORATION | 0.95 | 294,000 |
| EXXON MOBIL CORP | 0.87 | 165,300 |
| COCA COLA CO/THE | 0.94 | 412,000 |
| MOSAIC CO THE | 0.91 | 280,134 |
| STARWOOD PROPERTY TRUST | 0.90 | 655,130 |
| CHURCH + DWIGHT CO INC | 0.94 | 290,000 |