MutualFundWire.com: OppFunds Calls for Sales Moratorium on SMID Fund
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Friday, April 20, 2007

OppFunds Calls for Sales Moratorium on SMID Fund


Morningstar reports that OppenheimerFunds will be closing Oppenheimer Small & Mid Cap Value to new investors as of May 31. The change comes about a year and a half after the fund, formerly a small-cap offering, altered its mandate to allow stocks up to $10 billion in market cap into the portfolio, and added the "mid cap" to its name.


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