Mutual Fund Insights: Oppenheimer PA Municipal A Fund (OPATX)

In-depth Analysis of Oppenheimer PA Municipal A Fund (OPATX)

3 months 6 months 1 year 3 year 5 year

See Oppenheimer PA Municipal A Fund (OPATX) performance details as of January 31, 2010

  

Last Trade: $10.72 on 3/15/2010, Change: 0.00 (0%)

  

Fund Manager - Daniel G. Loughran

Fund Manager Tenure: 4.5 years   [Similar Funds: OPABX  OPACX ]
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 PA Municipal A Fund (OPATX)

Data for Oppenheimer PA Municipal A Fund (OPATX) as of January 31, 2010

• Oppenheimer PA Municipal A Fund (OPATX) management has been with Oppenheimer PA Municipal A Fund for 4.5 years
• Oppenheimer PA Municipal A Fund (OPATX) has good short-term performance (1-year return 38.88% vs 11.86% Muni Pennsylvania category average)

  

 What we are cautious about Oppenheimer PA Municipal A Fund (OPATX)

Data for Oppenheimer PA Municipal A Fund (OPATX) as of January 31, 2010

• Oppenheimer PA Municipal A Fund is a focused fund with 31.44% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Oppenheimer PA Municipal A Fund (OPATX) has a less-than-ideal mid-term performance (3-year return -1.00% vs 2.92% Muni Pennsylvania category average)
• Oppenheimer PA Municipal A Fund (OPATX) has a less-than-ideal Long-term performance (5-year return 2.24% vs 3.08% Muni Pennsylvania category average)
• Oppenheimer PA Municipal A Fund (OPATX) ratio of up-years vs down years can be improved
• Oppenheimer PA Municipal A Fund (OPATX) has a Morningstar rating of 3 and below
• Oppenheimer PA Municipal A Fund (OPATX) is less safe compared to its Muni Pennsylvania peers
• Oppenheimer PA Municipal A Fund (OPATX) has an annual stock turnover rate of 30.00% that is higher than the Muni Pennsylvania average of 21.14%. This could mean Oppenheimer PA Municipal A is more nimble, but also signal potential high tax impact and high trading fees
• Oppenheimer PA Municipal A Fund (OPATX) does not have a good risk adjusted return as its 3-year Alpha of -7.21 is worse than category average of -1.79, and its 3-year Sharpe ratio is -0.09
• Oppenheimer PA Municipal A Fund (OPATX) is more volatile than its peers as it has a 3-year Standard Deviation of 16.89 that is higher than category average of 6.99
• Oppenheimer PA Municipal A Fund (OPATX) has a higher management fee of 1.60% than its Muni Pennsylvania average of 1.07%
• Oppenheimer PA Municipal A Fund (OPATX) carries a 4.75% load

See Oppenheimer PA Municipal A Fund (OPATX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Muni Pennsylvania category?

Below are some additional Muni Pennsylvania mutual funds generated out of our database

• See top fund managers for Muni Pennsylvania Category Funds
• Browse other funds in Muni Pennsylvania Category

  

Oppenheimer PA Municipal A Fund (OPATX) Net Asset

Track net asset change of Oppenheimer PA Municipal A fund (OPATX)

Date	Net Asset
01/2010	$775.51M
11/2009	$758.17M
10/2009	$764.70M

More historic net asset information on Oppenheimer PA Municipal A Fund (OPATX)

  

Oppenheimer PA Municipal A Fund (OPATX) Portfolio Allocation

Track portfolio allocation change of Oppenheimer PA Municipal A fund (OPATX)

Date	Cash	Stock	Bond	Other
10/2009	0.01%	0%	99.99%	0%
07/2009	0.01%	0%	99.99%	0%
04/2009	0.04%	0%	99.96%	0%

Click here to see more historic asset allocation information on Oppenheimer PA Municipal A Fund (OPATX)

  

Most Recent Top 10 Holdings in Oppenheimer PA Municipal A Fund (OPATX)

Discover what Oppenheimer PA Municipal A Fund (OPATX) manager is buying

31-Oct-09 Childrens Tr Fd P R Tob Settle Tob 5.5% [6.57%] Childrens Tr Fd P R Tob Settle To 5.625% [5.16%] Pennsylvania Econ Dev Fing Rev Bds 6% [3.93%] Pennsylvania Econ Dev Fin Rev Bds 8.5% [2.85%] Pennsylvania St Higher Edl Fac Re 5.875% [2.7%] Childrens Tr Fd P R Tob Settle Tob Settl [2.42%] Childrens Tr Fd P R Tob Settle To 5.375% [2.4%] Puerto Rico Elec Pwr Auth [1.95%] Allegheny Cnty Pa Go Nts [1.77%] Allegheny Cnty Pa Redev Auth 5.6% [1.69%]

31-Jul-09 Childrens Tr Fd P R Tob Settle Tob 5.5% [6.1%] Childrens Tr Fd P R Tob Settle To 5.625% [4.71%] Pennsylvania Econ Dev Fing Rev Bds 6% [3.4%] Pennsylvania Econ Dev Fin Rev Bds 8.5% [3.17%] Pennsylvania St Higher Edl Fac Re 5.875% [3%] Childrens Tr Fd P R Tob Settle To 5.375% [2.45%] Allegheny Cnty Pa Redev Auth 5.6% [1.76%] Childrens Tr Fd P R Tob Settle Tob Settl [1.67%] ALLEGHENY CNTY PA GO NTS [1.64%] PENNSYLVANIA ECONOMIC DEV FING RES RECOV [1.57%]

30-Apr-09 Childrens Tr Fd P R Tob Settle Tob 5.5% [6.43%] Childrens Tr Fd P R Tob Settle To 5.625% [4.97%] Pennsylvania Econ Dev Fin Rev Bds 8.5% [3.39%] Pennsylvania Econ Dev Fing Rev Bds 6% [3.08%] Pennsylvania St Higher Edl Fac Re 5.875% [2.99%] Childrens Tr Fd P R Tob Settle To 5.375% [2.53%] Pennsylvania Econ Dev Fin Rev Bds 6.75% [2.04%] Allegheny Cnty Pa Go Nts [1.89%] Childrens Tr Fd P R Tob Settle Tob Settl [1.82%] Allegheny Cnty Pa Redev Auth 5.6% [1.8%]

Click here for Stock Holding Change Map in Oppenheimer PA Municipal A Fund (OPATX)

  

Related books and products to Oppenheimer PA Municipal A Fund (OPATX)

  

Latest News on Oppenheimer PA Municipal A (OPATX)

See what is happening with Oppenheimer PA Municipal A Fund (OPATX)

Pomerantz Reminds Oppenheimer Pennsylvania Municipal Fund Investors of Lead Plaintiff Deadline (GlobeNewswire) UPDATE: Brower Piven Announces the Filing of a Class Action Lawsuit in Colorado Federal Court Against Oppenheimer Pennsylvania Municipal Fund and Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Oppenheimer Penn (Marketwire) Dyer & Berens LLP Files Class Action Lawsuit on Behalf of Investors Who Purchased or Held Shares of the Oppenheimer Pennsylvania Municipal Fund Between 11/8/05 and 11/28/08; Announces Upcoming Investor Deadline -- OPATX, OPABX, OPACX (Marketwire) Bronstein, Gewirtz & Grossman, LLC Announces That a Class Action Has Been Filed Against Oppenheimer Bond Fund (Marketwire) See more news on Oppenheimer PA Municipal A Fund (OPATX)

 

Books and Resources

 

 

See more information on Oppenheimer PA Municipal A Fund (OPATX)

• Oppenheimer PA Municipal A Fund Insights
• Oppenheimer PA Municipal A Fund Performance Data
• Oppenheimer PA Municipal A Fund News
• Oppenheimer PA Municipal A Fund Score Explaination
• Oppenheimer PA Municipal A Fund Manager Information
• Historic Oppenheimer PA Municipal A Fund Asset Allocation Report
• Historic Oppenheimer PA Municipal A Fund Top 10 Holding Tracking
• Historic Oppenheimer PA Municipal A Fund Asset Under Management Tracking