OppenheimerFunds Receives Nine Thomson Reuters Lipper Fund Awards

NEW YORK, Feb. 28, 2018 /PRNewswire/ — OppenheimerFunds, a leading global asset manager, today announced that nine of its funds earned 2018 Thomson Reuters Lipper Fund Awards, highlighting the firm’s expertise in the global equity, international equity, and municipal debt asset classes. The Lipper Awards honor funds that have delivered consistently strong risk-adjusted performance relative to peers.¹

“These awards celebrate the achievements of our investment teams and the outstanding performance of our global equities and municipals franchises,” said Krishna Memani, Chief Investment Officer at OppenheimerFunds. Nearing its 50 year anniversary, the Oppenheimer Global Equity Team is one of the longest tenured in the financial industry. OppenheimerFunds’ Municipals Team has provided shareholders with long-term, yield driven total return since 1986.

Funds that received 2018 Lipper Awards on the basis of returns for the three-, five-, or 10-year period ended November 30, 2017, included:

• Oppenheimer International Small-Mid Company Fund (OSCIX) I shares were named best-in-class among 135 International Small/Mid-Cap Growth Funds for the five-year period ended November 30, 2017.
  Rezo Kanovich, Portfolio Manager

• Oppenheimer Global Fund (OGLIX) I shares were named best-in-class among 106 Global Large-Cap Growth Funds for the three-year period, and best-in-class among 91 Global Large-Cap Growth Funds for the five-year period ended November 30, 2017.
  Rajeev Bhaman and John C. Delano, Portfolio Managers

• Oppenheimer Global Opportunities Fund (OGIIX) I shares were named best-in-class among 101 Global Small-/Mid-Cap Funds for the three-year period, and best-in-class among 84 Global Small-/Mid-Cap Funds for the five-year period ended November 30, 2017. (OGIYX) Y shares were named best-in-class among 48 Global Small-/Mid-Cap Funds for the 10-year period ended, November 30, 2017.
  Frank Jennings, Portfolio Manager

• Oppenheimer Rochester Short Term Municipal Fund (ORSYX) Y shares were named best-in-class among 90 Short Municipal Debt Funds for the three-year period, and best-in-class among 76 Short Municipal Debt Funds the five-year period ended November 30, 2017.
  Scott Cottier, Co-Team Leader, Portfolio Manager
  Troy Willis, Co-Team Leader, Portfolio Manager

• Oppenheimer Rochester Fund Municipals Fund (RMUYX) Y shares were named best-in-class among 87 New York Municipal Debt Funds for the three-year period ended November 30, 2017.
  Scott Cottier, Co-Team Leader, Portfolio Manager
  Troy Willis, Co-Team Leader, Portfolio Manager

About OppenheimerFunds

OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $261 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of January 31, 2018.

Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm’s 16 investment management teams specialize in equity, fixed income, alternative, multi-asset, and factor and revenue-weighted-ETF strategies, including ESG as a signatory of the UN PRI. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from pensions and endowments to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs.

Web: oppenheimerfunds.com
Tweets: twitter.com/OppFunds
Podcasts: oppenheimerfunds.com/advisors/podcasts

_{1 Lipper Awards are granted annually to the funds in each Lipper classification that achieve the highest score for Consistent Return, a measure of funds’ historical risk-adjusted returns, measured in local currency, relative to peers. Winners are selected using the Lipper Leader rating for Consistent Return for funds with at least 36 months of performance history as of 11/30/17. Awards are presented for the highest Lipper Leader for Consistent Return within each eligible classification over 3, 5 or 10 years. Other share classes may have different performance and expense characteristics. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Lipper awards are not intended to predict future results. Past performance does not guarantee future results.} 

Fixed income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall, and the fund’s share price can fall. Below investment grade (“high yield” or “junk”) bonds are more at risk of default than other bond investments and are subject to liquidity risk. A portion of a municipal bond fund’s distributions may invest substantially in Puerto Rico and other U.S. territories, commonwealths and possessions, and could be exposed to their local political and economic conditions. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes, regulatory and geopolitical risks.

Shares of mutual funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Generally, I shares are only available to institutional investors and can only be purchased with a $1 million initial investment.

Generally, Y shares are only available to certain investors, including those in wrap-fee based programs or commissionable brokerage platforms that charge sales commission.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com, or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY, 10281

© 2018 OppenheimerFunds Distributor, Inc. All rights reserved.

View original content with multimedia:http://www.prnewswire.com/news-releases/oppenheimerfunds-receives-nine-thomson-reuters-lipper-fund-awards-300605869.html

SOURCE OppenheimerFunds

Related Links

http://www.oppenheimerfunds.com