Markets

How is Oppenheimer Senior Floating Rate A Fund (OOSAX) Performing?

Oppenheimer Senior Floating Rate A ( OOSAX ) a Zacks Rank #1 (Strong Buy) was incepted in September 1999. OOSAX seeks income. OOSAX invests large chunk of its assets in senior loans with floating rates. OOSAX invest in securities of both domestic and foreign issuers. OOSAX may also invest a maximum of 20% of its assets in other loans and securities.

Oppenheimer Senior Floating Rate A, managed by Oppenheimer , carries an expense ratio of 1.11%. Moreover, OOSAX requires a minimal initial investment of $1,000.

OOSAX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 12.72%, 3 year 3.43% and 5 year 5.01%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

OOSAX's performance, as of the last filing, when compared to funds in its category was in the top 4% in 1 year, top 14% over the past 3 years, and in the 9% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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