Rochester National Municipals Cl: (MF: ORNAX)
NAV
$7.43
NAV Day Change
-0.02 (-0.27%)
Jun 18 06:05 PM ET
General Information As Of 04/30/13
| %Yield | 6.10 |
| %SEC Yield | 5.56 |
| %YTD Return (as of 04/30/13) | 3.35 |
| Objective* | Fixed Income - Muni Natl |
| Peer* | MB HY |
Portfolio Statistics
| %Unrealized Gain YTD | -8.23 |
| Net Assets (Mil $) 04/30/2013 | 4,553.32 |
| %Turnover 04/30/2013 | 20.00 |
Fees
| %Max Sales Load | 4.75 |
| %Min Sales Load | .00 |
| %Max Deferred Load | NA |
Expenses
| %Max 12b-1 Fee | 0.15 |
| %Max Management Fee | 0.37 |
| Redemption Fee | NA |
| Expense Ratio | 1.12 |
Allocation
| Large Growth | NA |
| Large Value | NA |
| Small Growth | NA |
| Small Value | NA |
| Foreign Stock | NA |
| Emerging Market | NA |
| Precious Metal | NA |
| Intermediate Bond | NA |
| Foreign Bond | NA |
| High Yield Bond | NA |
Portfolio Information
Composition
| As of 01/31/2013 | %of Net Assets |
| Stock | 0.03 |
| Cash | 0.00 |
| Bonds | 119.09 |
| Preferred | 0.00 |
| Convertibles | 0.00 |
| Foreign Stock | 0.00 |
| Foreign Bonds | 0.00 |
| Hedge | 0.00 |
| Other | -19.12 |
Sector / Country Weightings
| As of 04/30/2013 | % of Portfolio |
|---|---|
| NA | NA |
Portfolio Holdings
| Top Holdings (As of 01/31/2013) | % of Portfolio | Value (Mil$) |
|---|---|---|
| TX MUNI GAS ACQUISITION & | 5.07 | 359.34 |
| BUCKEYE OH TOBACCO SETLMN | 2.69 | 191.08 |
| NJ TOBACCO SETLMNT FINCNG | 2.04 | 144.31 |
| CA GOLDEN STATE TOBACCO S | 1.80 | 127.37 |
| LA CA REGIONAL AIRPORTS I | 1.50 | 106.18 |
| NJ TOBACCO SETLMNT FINCNG | 1.48 | 104.89 |
| NJ TOBACCO SETLMNT FINCNG | 1.33 | 94.12 |
| PR CMNWLTH GO | 1.05 | 74.31 |
| BUCKEYE OH TOBACCO SETLMN | 0.96 | 67.79 |
| LA TOBACCO SETLMNT FINCNG | 0.94 | 66.42 |
Contact Information
| Family | Oppenheimer |
| Addrerss | PO Box 5270 Denver, CO 80217-5270 |
| Phone | 800 225-5677 |
Zacks Premium Research
Zacks Mutual Fund Rank: 1 - Strong Buy 
| #1 |
Fund Description
The fund was incepted in October 1993 and is managed by Oppenheimer Funds Group. The fund seeks a high level of current income exempt from federal income taxes for individual investors by investing in a diversified portfolio of high-yield municipal securities. The fund invests at least 80% of its assets in municipal securities. The fund offers dividends on each business day and pays them monthly. Capital gains are distributed in December.
Stock Holding % of Net Assets
| As Of | 01/31/2013 |
| Total Issues | NA |
| Avg. P/E | NA |
| Avg. P/Book | NA |
| Avg. EPS Growth | NA |
| Avg. Market Value (Mil $) | NA |
Risk
| 3 Year | 5 Year | 10 Year | |
|---|---|---|---|
| Beta | 1.55 | 2.40 | 1.68 |
| Alpha | 0.23 | -7.81 | -1.09 |
| R Squared | 0.70 | 0.40 | 0.37 |
| Std. Dev. | 6.95 | 18.07 | 14.16 |
| Sharpe | 1.42 | 0.30 | 4.00 |
Shareholder Information
| Manager | Team Managed |
| Since | NA |
| Manager Rating | NA |
| Inception Date | 10/01/1993 |
| Shareholders | NA |
| Dividends Paid | M |
| Minimum Initial Investment | $1,000 |
| Minimum Subsequent Investment | $50 |
| IRA Minimum | $500 |
| IRA Available | Y | Check Writing | N | Phone Invest | Y |
| Phone Exchange | Y | Phone Redeem | Y | Auto Invest | Y |
| Wire Redeem | Y | Wire Fee | Y | Wire Transfer | Y |
Zacks Commentary for ORNAX
Zacks Blog: Top 5 Highest Yielding Zacks #1 Ranked Municipal Bond Mutual Funds
May 23, 2013
Zacks Blog: Top 5 Highest Yielding Zacks #1 Ranked Municipal Bond Mutual Funds
Apr 02, 2013
Zacks Blog: Top 5 Highest Yielding Zacks #1 Ranked Municipal Bond Mutual Funds
Jan 14, 2013
Zacks Blog: Top 5 Highest Yielding Zacks #1 Ranked Municipal Bond Mutual Funds
Nov 15, 2012
Zacks Blog: Top 5 Highest Yielding Zacks #1 Ranked Municipal Bond Mutual Funds
Oct 04, 2012
