Mutual Fund Insights: Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

In-depth Analysis of Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

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See Oppenheimer Limited Term NY Municipal B Fund (LTBBX) performance details as of January 31, 2010

  

Last Trade: $3.27 on 3/16/2010, Change: 0.00 (0%)

  

Fund Manager - Daniel G. Loughran

Fund Manager Tenure: 8.9 years
Fundmojo Fund Grade: D (Score: 0.46)     (What does this score mean?)

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.  Get more insights on Daniel G. Loughran

  

 What we like about Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

Data for Oppenheimer Limited Term NY Municipal B Fund (LTBBX) as of January 31, 2010

• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) management has been with Oppenheimer Limited Term NY Municipal B Fund for 8.9 years
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) has good short-term performance (1-year return 14.29% vs 7.16% Muni New York Interm/Short category average)
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) ratio of up-years vs down years is greater than 2
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) has an annual stock turnover rate of 19.00% vs Muni New York Interm/Short average of 34.87%. It is good that Oppenheimer Limited Term NY Municipal B management does not trade extensively for its return.

  

 What we are cautious about Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

Data for Oppenheimer Limited Term NY Municipal B Fund (LTBBX) as of January 31, 2010

• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) has a less-than-ideal mid-term performance (3-year return 2.42% vs 3.72% Muni New York Interm/Short category average)
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) has a less-than-ideal Long-term performance (5-year return 3.02% vs 3.18% Muni New York Interm/Short category average)
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) has a Morningstar rating of 3 and below
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) is less safe compared to its Muni New York Interm/Short peers
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) does not have a good risk adjusted return as its 3-year Alpha of -1.95 is worse than category average of -0.45, and its 3-year Sharpe ratio is 0.1
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) is more volatile than its peers as it has a 3-year Standard Deviation of 6.51 that is higher than category average of 5.22
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) has a higher management fee of 1.63% than its Muni New York Interm/Short average of 0.97%
• Oppenheimer Limited Term NY Municipal B Fund (LTBBX) carries a 4% load

See Oppenheimer Limited Term NY Municipal B Fund (LTBBX) performance details as of January 31, 2010

  

  

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Oppenheimer Limited Term NY Municipal B Fund (LTBBX) Net Asset

Track net asset change of Oppenheimer Limited Term NY Municipal B fund (LTBBX)

Date	Net Asset
01/2010	$58.61M
11/2009	$61.38M
10/2009	$63.10M

More historic net asset information on Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

  

Oppenheimer Limited Term NY Municipal B Fund (LTBBX) Portfolio Allocation

Track portfolio allocation change of Oppenheimer Limited Term NY Municipal B fund (LTBBX)

Date	Cash	Stock	Bond	Other
09/2009	0.34%	0%	99.66%	0%
06/2009	0.27%	0%	99.73%	0%
03/2009	0.07%	0%	99.93%	0%

Click here to see more historic asset allocation information on Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

  

Most Recent Top 10 Holdings in Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

Discover what Oppenheimer Limited Term NY Municipal B Fund (LTBBX) manager is buying

30-Sep-09 Childrens Tr Fd P R Tob Settle To 5.375% [5.04%] Tsasc Inc N Y Tob Settl 4.75% [4.44%] New York St Engy Resh & Dev Rev Bds 4.7% [3.45%] New York St Dorm Auth 4.8% [2.73%] Port Auth 5.75% [2.28%] Tsasc Inc N Y Tob Settl 5% [2.23%] Puerto Rico Pub Fin 5.75% [2.04%] Puerto Rico Sales Tax Fing Cor Re 6.125% [1.67%] Puerto Rico Pub Fin Corp Commonwea 5.25% [1.62%] Childrens Tr Fd P R Tob Settle Tob 5.5% [1.6%]

30-Jun-09 Childrens Tr Fd P R Tob Settle To 5.375% [4.29%] Tsasc Inc N Y Tob Settl 4.75% [4.11%] New York St Engy Resh & Dev Rev Bds 4.7% [3.89%] New York St Dorm Auth 4.8% [2.81%] PUERTO RICO PUB FIN CORP COMMONWEA [2.11%] Port Auth 5.75% [2.08%] Tsasc Inc N Y Tob Settl 5% [1.85%] Metropolitan Transn Auth 5.125% [1.73%] PUERTO RICO PUB FIN CORP COMMONWEA [1.72%] Metropolitan Transn Auth 5% [1.66%]

31-Mar-09 Childrens Tr Fd P R Tob Settle To 5.375% [4.29%] Tsasc Inc N Y Tob Settl 4.75% [4.11%] New York St Engy Resh & Dev Rev Bds 4.7% [3.89%] New York St Dorm Auth 4.8% [2.81%] PUERTO RICO PUB FIN CORP COMMONWEA [2.11%] Port Auth 5.75% [2.08%] Tsasc Inc N Y Tob Settl 5% [1.85%] Metropolitan Transn Auth 5.125% [1.73%] PUERTO RICO PUB FIN CORP COMMONWEA [1.72%] Metropolitan Transn Auth 5% [1.66%]

Click here for Stock Holding Change Map in Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

  

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See more information on Oppenheimer Limited Term NY Municipal B Fund (LTBBX)

• Oppenheimer Limited Term NY Municipal B Fund Insights
• Oppenheimer Limited Term NY Municipal B Fund Performance Data
• Oppenheimer Limited Term NY Municipal B Fund News
• Oppenheimer Limited Term NY Municipal B Fund Score Explaination
• Oppenheimer Limited Term NY Municipal B Fund Manager Information
• Historic Oppenheimer Limited Term NY Municipal B Fund Asset Allocation Report
• Historic Oppenheimer Limited Term NY Municipal B Fund Top 10 Holding Tracking
• Historic Oppenheimer Limited Term NY Municipal B Fund Asset Under Management Tracking