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3 Top-Ranked Oppenheimer Mutual funds for Striking Returns
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Founded in 1959, OppenheimerFunds currently had $245 billion worth of assets under management as of Sep 29, 2017 and is invested in 89 mutual funds across a wide range of categories including equity, fixed income and alternative securities, and multi asset funds. With over 2,000 employees including 170 investment professionals, the company serves clients, including individual investors and institutional investors and financial advisors, across 77 countries. OppenheimerFunds is a subsidiary of MassMutual, which is one of the leading asset managers with more than $600 billion in assets along with its affiliates.
Oppenheimer Portfolio Series Equity Investor Fund Class A (OAAIX - Free Report) seeks long-term capital growth. OAAIX invests between 40% and 65% of its assets in underlying funds, which in turn allocate most of their assets in domestic equity securities. The fund may also invest 35% to 60% in underlying funds that focus on acquiring securities issued by non-U.S. companies. Oppenheimer Portfolio Series Equity Investor Fund Class A has three-year annualized returns of about 8%.
As of September 2017, OAAIX held 671 issues, with 1.46% of its total assets invested in Microsoft Corp.
Oppenheimer Global Opportunities Y (OGIYX - Free Report) primarily invests in a wide range of domestic and foreign equity securities. OGIYX focuses on acquiring stocks, but may also purchase debt securities. The fund may invest a maximum of 25% of its assets in "below-investment-grade" securities or "junk bonds." Moreover, OGIYX may invest in developing or emerging countries and in small- and mid-cap companies. Oppenheimer Global Opportunities Y fund has a three-year annualized return of 20.4%.
OGIYX has an expense ratio of 0.94% compared with the category average of 1.44%.
Oppenheimer Developing Markets A (ODMAX - Free Report) invests mainly in common stocks of issuers in emerging and developing markets throughout the world. ODMAX invests at least 80% of its net assets in equity securities of issuers whose principal activities are in at least three developing markets. The fund may invest up to 100% of its total assets in foreign securities. The Oppenheimer Developing Markets A fund has three-year annualized returns of 3.5%.
Justin Leverenz has been the fund manager of OPGIX since 2007.
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3 Top-Ranked Oppenheimer Mutual funds for Striking Returns
Founded in 1959, OppenheimerFunds currently had $245 billion worth of assets under management as of Sep 29, 2017 and is invested in 89 mutual funds across a wide range of categories including equity, fixed income and alternative securities, and multi asset funds. With over 2,000 employees including 170 investment professionals, the company serves clients, including individual investors and institutional investors and financial advisors, across 77 countries. OppenheimerFunds is a subsidiary of MassMutual, which is one of the leading asset managers with more than $600 billion in assets along with its affiliates.
Below we share with you three top-ranked Oppenheimer mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Oppenheimer funds.
Oppenheimer Portfolio Series Equity Investor Fund Class A (OAAIX - Free Report) seeks long-term capital growth. OAAIX invests between 40% and 65% of its assets in underlying funds, which in turn allocate most of their assets in domestic equity securities. The fund may also invest 35% to 60% in underlying funds that focus on acquiring securities issued by non-U.S. companies. Oppenheimer Portfolio Series Equity Investor Fund Class A has three-year annualized returns of about 8%.
As of September 2017, OAAIX held 671 issues, with 1.46% of its total assets invested in Microsoft Corp.
Oppenheimer Global Opportunities Y (OGIYX - Free Report) primarily invests in a wide range of domestic and foreign equity securities. OGIYX focuses on acquiring stocks, but may also purchase debt securities. The fund may invest a maximum of 25% of its assets in "below-investment-grade" securities or "junk bonds." Moreover, OGIYX may invest in developing or emerging countries and in small- and mid-cap companies. Oppenheimer Global Opportunities Y fund has a three-year annualized return of 20.4%.
OGIYX has an expense ratio of 0.94% compared with the category average of 1.44%.
Oppenheimer Developing Markets A (ODMAX - Free Report) invests mainly in common stocks of issuers in emerging and developing markets throughout the world. ODMAX invests at least 80% of its net assets in equity securities of issuers whose principal activities are in at least three developing markets. The fund may invest up to 100% of its total assets in foreign securities. The Oppenheimer Developing Markets A fund has three-year annualized returns of 3.5%.
Justin Leverenz has been the fund manager of OPGIX since 2007.
To view the Zacks Rank and past performance of all Oppenheimer Mutual Funds, investors can click here to see the complete list of funds.
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