Mutual Fund Insights: Oppenheimer Rochester MN Municipal C Fund (OPCMX)

In-depth Analysis of Oppenheimer Rochester MN Municipal C Fund (OPCMX)

3 months 6 months 1 year 3 year 5 year

See Oppenheimer Rochester MN Municipal C Fund (OPCMX) performance details as of February 28, 2010

  

Last Trade: $11.84 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Daniel G. Loughran

Fund Manager Tenure: 3.4 years   [Similar Funds: OPAMX  OPBMX ]
Fundmojo Fund Grade: E (Score: 0.2)     (What does this score mean?)

Daniel G. 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. Daniel G. Loughran 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 Rochester MN Municipal C Fund (OPCMX)

Data for Oppenheimer Rochester MN Municipal C Fund (OPCMX) as of February 28, 2010

• Oppenheimer Rochester MN Municipal C Fund (OPCMX) management has been with Oppenheimer Rochester MN Municipal C Fund for 3.4 years
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) has good short-term performance (1-year return 28.95% vs 11.06 % Muni Minnesota category average)

  

 What we are cautious about Oppenheimer Rochester MN Municipal C Fund (OPCMX)

Data for Oppenheimer Rochester MN Municipal C Fund (OPCMX) as of February 28, 2010

• Oppenheimer Rochester MN Municipal C Fund is a focused fund with 34.34% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) has a less-than-ideal mid-term performance (3-year return -0.48% vs 3.34 % Muni Minnesota category average)
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) ratio of up-years vs down years can be improved
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) has a Morningstar rating of 3 and below
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) is less safe compared to its Muni Minnesota peers
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) has an annual stock turnover rate of 20.00% that is higher than the Muni Minnesota average of 19.58%. This could mean Oppenheimer Rochester MN Municipal C is more nimble, but also signal potential high tax impact and high trading fees
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) does not have a good risk adjusted return as its 3-year Alpha of -5.55 is worse than category average of -1.08, and its 3-year Sharpe ratio is -0.1
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) is more volatile than its peers as it has a 3-year Standard Deviation of 13.82 that is higher than category average of 6.46
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) has a higher management fee of 1.55% than its Muni Minnesota average of 1.12%
• Oppenheimer Rochester MN Municipal C Fund (OPCMX) carries a 1% load

See Oppenheimer Rochester MN Municipal C Fund (OPCMX) performance details as of February 28, 2010

  

  

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

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

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

  

Oppenheimer Rochester MN Municipal C Fund (OPCMX) Net Asset

Track net asset change of Oppenheimer Rochester MN Municipal C fund (OPCMX)

Date	Net Asset
02/2010	$40.49M
01/2010	$6.05M
11/2009	$4.69M

More historic net asset information on Oppenheimer Rochester MN Municipal C Fund (OPCMX)

  

Oppenheimer Rochester MN Municipal C Fund (OPCMX) Portfolio Allocation

Track portfolio allocation change of Oppenheimer Rochester MN Municipal C fund (OPCMX)

Date	Cash	Stock	Bond	Other
09/2009	0.06%	0%	99.94%	0%
06/2009	0.08%	0%	99.92%	0%
03/2009	0.08%	0%	99.92%	0%

Click here to see more historic asset allocation information on Oppenheimer Rochester MN Municipal C Fund (OPCMX)

  

Most Recent Top 10 Holdings in Oppenheimer Rochester MN Municipal C Fund (OPCMX)

Discover what Oppenheimer Rochester MN Municipal C Fund (OPCMX) manager is buying

30-Sep-09 Becker Minn Pollutn Ctl Rev Rev Ref 8.5% [5.61%] St Paul Minn Port Auth 6% [5.54%] Minneapolis Minn Tax Increment Tax 5.35% [3.41%] Southern Minn Mun Pwr Agy Pwr Rev 5.25% [3.35%] Minneapolis St Paul Minn Hsg F Rev 5.25% [3.22%] Seaway Port Auth 5.2% [2.89%] St Paul Minn Port Auth 5% [2.72%] North Oaks Minn Sr Hsg Rev Sr Hsg R 6.5% [2.62%] Becker Minn Pollutn Ctl Rev Rev Bds 8.5% [2.58%] St Paul Minn Hsg & Redev Auth 5.25% [2.4%]

30-Jun-09 Becker Minn Pollutn Ctl Rev Rev Ref 8.5% [6.71%] St Paul Minn Port Auth 6% [4.86%] Minneapolis St Paul Minn Hsg F Rev 5.25% [3.99%] Minneapolis Minn Tax Increment Tax 5.35% [3.45%] Becker Minn Pollutn Ctl Rev Rev Bds 8.5% [3.43%] Seaway Port Auth 5.2% [3.09%] Becker Minn Pollutn Ctl Rev Rev Bds 8.5% [3.09%] North Oaks Minn Sr Hsg Rev Sr Hsg R 6.5% [2.79%] St Paul Minn Port Auth 5% [2.68%] St Paul Minn Hsg & Redev Auth 5.25% [2.56%]

31-Mar-09 Becker Minn Pollutn Ctl Rev Rev Ref 8.5% [6.95%] St Paul Minn Port Auth 6% [5.1%] Minneapolis St Paul Minn Hsg F Rev 5.25% [4.22%] Minneapolis Minn Tax Increment Tax 5.35% [3.61%] Becker Minn Pollutn Ctl Rev Rev Bds 8.5% [3.57%] St Paul Minn Hsg & Redev Auth 6% [3.39%] Becker Minn Pollutn Ctl Rev Rev Bds 8.5% [3.22%] Seaway Port Auth 5.2% [3.19%] North Oaks Minn Sr Hsg Rev Sr Hsg R 6.5% [2.73%] St Paul Minn Hsg & Redev Auth 5.7% [2.62%]

Click here for Stock Holding Change Map in Oppenheimer Rochester MN Municipal C Fund (OPCMX)

  

Related books and products to Oppenheimer Rochester MN Municipal C Fund (OPCMX)

  

Latest News on Oppenheimer Rochester MN Municipal C (OPCMX)

See what is happening with Oppenheimer Rochester MN Municipal C Fund (OPCMX)

Yahoo! Finance: RSS feed not found See more news on Oppenheimer Rochester MN Municipal C Fund (OPCMX)

 

Books and Resources

 

 

See more information on Oppenheimer Rochester MN Municipal C Fund (OPCMX)

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