Oppenheimer Gold Spec Fund Quote
| OGMNX Fund | USD 26.38 0.27 1.01% |
Performance1 of 100
| Odds Of DistressLess than 23
|
Oppenheimer Gold is trading at 26.38 as of the 27th of November 2024; that is 1.01% down since the beginning of the trading day. The fund's open price was 26.65. Oppenheimer Gold has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Oppenheimer Gold Spec are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
The fund invests mainly in common stocks of companies that are involved in mining, processing or dealing in gold or other metals or minerals, gold bullion, other physical metals, and precious metals-related ETFs and may invest all of its assets in those securities. More on Oppenheimer Gold Spec
Oppenheimer Mutual Fund Highlights
| Fund Concentration | OppenheimerFunds Funds, Large Funds, Equity Precious Metals Funds, Equity Precious Metals, OppenheimerFunds (View all Sectors) |
| Update Date | 30th of September 2024 |
| Fiscal Year End | June |
Oppenheimer Gold Spec [OGMNX] is traded in USA and was established 27th of November 2024. Oppenheimer Gold is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under Equity Precious Metals category and is part of OppenheimerFunds family. This fund now has accumulated 911.65 M in assets with no minimum investment requirementsOppenheimer Gold Spec is currently producing year-to-date (YTD) return of 25.89% with the current yeild of 0.0%, while the total return for the last 3 years was 2.55%.
Check Oppenheimer Gold Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Oppenheimer Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Oppenheimer Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Oppenheimer Gold Spec Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Oppenheimer Gold Spec Mutual Fund Constituents
| EDV | Vanguard Extended Duration | Etf | Long Government | |
| RGLD | Royal Gold | Stock | Materials | |
| CDE | Coeur Mining | Stock | Materials | |
| EDVMF | Endeavour Mining Corp | OTC Stock | Materials | |
| NEM | Newmont Goldcorp Corp | Stock | Materials |
Oppenheimer Gold Spec Risk Profiles
| Mean Deviation | 1.44 | |||
| Semi Deviation | 1.73 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.3 |
Oppenheimer Gold Against Markets
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Gold financial ratios help investors to determine whether Oppenheimer Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oppenheimer with respect to the benefits of owning Oppenheimer Gold security.
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