Capital Income Fund 1 2 3 

Add to Tracked Fund
view more

Focus: The Strategy typically invests in stocks, bonds, hybrid securities and other financial instruments.
Top Holdings 4  as of 3/31/14
 View More Holdings
  % Net Assets
1 Opp. Master Loan Fund, LLC 8.8
2 Opp. Ultra-Short Duration Fund 2.7
3 Federal National Mortgage Assn., 4.00%, 4/1/44 2.2
4 Federal National Mortgage Assn., 4.50%, 4/25/44 2.1
5 U.S. Treasury Nts., .875%, 4/30/17 1.7
6 Federal National Mortgage Assn., 3.50%, 4/1/29 1.6
7 Starwood Property Trust, Inc. 1.5
8 Airspeed Ltd., Airplane Rcvbls. 1.1
9 Structured Asset Securities Corp., Mtg. LN A.B. Ce 1.1
10 Comcast Corp. 1.1
  Total 23.9
—— ——
Risk Measurement a as of 3/31/14
Share Class Beta
(3 yr)
Alpha R-squared Sharpe Ratio Standard Deviation (3 yr)
A 0.90 0.37 86.31 1.69 4.3%
Bb 0.90 -0.65 85.87 1.45 4.3%
C 0.90 -0.44 86.42 1.50 4.3%
I —%
N 0.90 0.01 86.49 1.61 4.3%
Y 0.90 0.66 86.80 1.76 4.3%
Portfolio Statistics c as of 3/31/14 ——
Weighted Avg Market Cap Weighted Median Market Cap P/E EPS
(next 12 months)
P/E Operating (LTM) Price/Book Value (LTM) Turnover
84.3 billion 40.0 billion 13.81 14.58 2.71 84.0%
Top Regions 4  as of 3/31/14
  % Net Assets
1 Americas - Developed 85.0
2 Europe - Developed 5.2
3 Europe - Emerging 0.7
4 Asia Pacific - Developed 0.6
5 Asia Pacific - Emerging 0.1
6 Americas - Emerging 0.1
7 Middle East - Emerging 0.1
  Total 91.7
Top Countries 4  as of 3/31/14
  % Net Assets
1 United States 83.0
2 United Kingdom 1.5
3 Switzerland 1.4
4 Canada 1.1
5 Cayman Islands 0.9
6 Netherlands 0.7
7 Russia 0.7
8 Australia 0.4
9 Sweden 0.4
10 France 0.4
  Total 90.5
Effective 11/1/13, the Fund will increase its investment limit on below investment grade securities from 25% to 40%, and the Fund will increase its investment limit on illiquid securities from 10% to 15%. Please see the Fund's prospectus and prospectus supplement for further information.
The Fund's investment objective changed from "seeks as much current income as is compatible with prudent investment" to "seeks total return" on 12/28/12.
Special Risks: Fixed income investing entails credit and interest rate risks. When interest rates rise, bond prices generally fall, and the Fund?s share prices can fall. May invest no more than 10% in below-investment-grade non-convertible debt securities, but up to 25% in below-investment-grade ("high yield" or "junk") bonds, which are more at risk of default and are subject to liquidity risk. Value investing involves the risk that undervalued securities may not appreciate as anticipated. Mortgage-backed securities are subject to prepayment risk. Derivative instruments whose values depend on the performance of an underlying security, asset, interest rate, index or currency, entail potentially higher volatility and risk of loss compared to traditional stock or bond investments. Convertible bonds are subject to the additional risk that the market value of the equity or other securities into which they are convertible will never be sufficient to justify conversion, rendering the conversion value of the bonds worthless. Asset-backed securities are subject to prepayment risk. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes and geopolitical risks. Emerging and developing market investments may be especially volatile. The Fund may also invest through a wholly-owned Cayman Islands subsidiary, which is subject to the laws of the Cayman Islands and involves the risk that changes to those laws could negatively affect the Fund. Diversification does not guarantee profit or protect against loss.
Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund.
Beta (3-yr): is a measure of a fund's sensitivity to market movements. The beta of a market is 1.00 by definition.

Alpha (3-yr): measures the difference between a fund's actual and expected returns, based on beta, and is generally used as a measure of a manager's added value over a passive strategy.

R-squared (3-yr): is a measurement of how closely a portfolio's performance correlates with the performance of a benchmark index, and thus a measurement of what portion of its performance can be explained by the performance of the index. Values for R-squared range from 0 to 100, where 0 indicates no correlation and 100 indicates perfect correlation.  

Sharpe Ratio (3-yr): is a risk-adjusted measure that measures reward per unit of risk. the higher the Sharpe Ratio, the better. The numerator is the difference between the portfolio's annualized return and the annualized return of a risk-free instrument, the denominator is the portfolio's annualized standard deviation (population).

Standard Deviation (3-yr): is a statistical measure of the degree to which the performance of a portfolio varies from its average performance during a specified period. the higher the standard deviation, the greater the volatility of the portfolio's performance returns relative to its average return.

Alpha, Beta and R-Squared were measured against the fund's benchmark: . Access index definitions.

Source: Morningstar, Inc. Although this data has been gathered from sources Morningstar believes to be reliable, its completeness and accuracy cannot be guaranteed.
Class B shares convert to Class A shares 72 months after purchase; therefore "since inception", "10-year" and "15-year" returns for Class B (if applicable) use Class A performance for period after conversion.
P/E ratio: The price of a stock divided by its earnings per share. The higher the P/E, the more investors pay, the more return they may expect and the riskier the stock may be.

P/B ratio: Abbreviation for price to book value ratio. It's the market value of a company's stock divided by its book value.

Earnings Growth: Revenue, minus cost and expenses, for a certain period.

Turnover ratio: A measure of the strategy's trading activity, which is computed by taking the lesser of purchases or sales during the strategy's latest fiscal year, divided by the total net asset value (NAV).

*SEC Form N-MFP is available 60 days after the end of the month.

Shares of Oppenheimer 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.

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.
Two World Financial Center, 225 Liberty Street, New York, NY 10281-1008