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Why Oppenheimer Rochester Limited Term Muni C Fund (OITCX) Worth Another Look?

Oppenheimer Rochester Limited Term Muni C Fund ( OITCX ) seeks a high level of current income exempt from federal income tax. OITCX invests at least 80% of its assets in investment-grade municipal securities that are exempt from federal income tax (including securities subject to alternative minimum tax). OITCX invests not more than 5% of its assets in securities rated below investment grade at the time of acquisition.

This Muni Bond product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 1.4% and 5 year 1.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .

This Zacks Rank #1 (Strong Buy) was incepted in November 1986 and is managed by Oppenheimer . OITCX carries an expense ratio of 1.60% and requires a minimal initial investment of $1,000.

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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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