The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Star Oppenheimer Offering Weathers Transition Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, July 06, 2006

Star Oppenheimer Offering Weathers Transition

by: Marie Glancy

OppenheimerFunds' Small & Mid Cap Value Fund found itself in a tight spot when 15 percent annual returns over five years sent its assets soaring to $3 billion. Manager John Damian responded to this growth by expanding the fund's range of stock investments to companies with market values of $3 billion and over, but as Bloomberg reports, this move has put a damper on returns.

Oppenheimer's top small-cap stock fund came in third out of 114 similar products tracked by Bloomberg for five years, but over the last year it's ranked 39th. Nonetheless, Morningstar's observers are unruffled by the fund's adjustment pains, and with small company stocks underperforming over the last quarter, the move may prove well-timed.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use