Oppenheimer Senior is trading at 6.59 as of the 25th of November 2024; that is No Change since the beginning of the trading day. The fund's open price was 6.59. Oppenheimer Senior has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Oppenheimer Senior Floating are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund invests mainly in floating rate loans that hold a senior position in the capital structure of U.S. and foreign corporations, partnerships or other business entities that, under normal circumstances, allow them to have priority of claim ahead of other obligations of a borrower in the event of liquidation. More on Oppenheimer Senior Floating
Oppenheimer Senior Floating [OOSIX] is traded in USA and was established 25th of November 2024. Oppenheimer Senior is listed under OppenheimerFunds category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of OppenheimerFunds family. This fund now has accumulated 15.61 B in assets with no minimum investment requirementsOppenheimer Senior is currently producing year-to-date (YTD) return of 7.55% with the current yeild of 0.1%, while the total return for the last 3 years was 6.36%.
Check Oppenheimer Senior 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 Senior Floating 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 Senior Floating Mutual Fund Constituents
Other Information on Investing in Oppenheimer Mutual Fund
Oppenheimer Senior 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 Senior security.