Spoof Access

×
ORENX

Real Estate Fund

×
Overview

The Strategy typically invests in real estate securities, primarily real estate investment trusts (REITs).

Inception Date
October 1, 2003
Investment Style
Real Estate
Fund Index
FTSE NAREIT Equity REITs TR Index
CUSIP
68382F408
NAV
  • A
(as of 07/20/2018)
$24.28
Total Assets
(as of 06/30/2018)
$1.01 BN
Gross Expense Ratio
(as of 06/30/2018)
1.68%
Net Expense Ratio
(as of 06/30/2018)
1.58%
Performance
Average Annual Total Returns
Cumulative Returns
Calendar Year Returns
Capital Gains Distributions
as of 06/30/2018
as of 06/30/2018

Include Sales Charge
Include Sales Charge
Include Sales Charge
Include Sales Charge
Cumulative
Annualized
ytd as of 2018-06-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Real Estate Fund (NAV)
-0.70% 1.83% 5.95% 7.58% 6.99% 9.04%
FTSE NAREIT Equity REITs TR Index
1.02% 3.50% 8.06% 8.31% 7.94% -
Cumulative
Annualized
ytd as of 2018-06-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Real Estate Fund (with sales charge)
-0.70% 1.83% 5.95% 7.58% 6.99% 9.04%
FTSE NAREIT Equity REITs TR Index
1.02% 3.50% 8.06% 8.31% 7.94% -
Cumulative
Annualized
ytd as of 2018-06-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Real Estate Fund (NAV)
-0.70% 1.83% 5.95% 7.58% 6.99% 9.04%
FTSE NAREIT Equity REITs TR Index
1.02% 3.50% 8.06% 8.31% 7.94% -
Cumulative
Annualized
ytd as of 2018-06-30
  • C
1 yr 3 yr 5 yr 10 yr since inception
Real Estate Fund (with sales charge)
-0.70% 1.83% 5.95% 7.58% 6.99% 9.04%
FTSE NAREIT Equity REITs TR Index
1.02% 3.50% 8.06% 8.31% 7.94% -
Gross Expense Ratio: 1.68% | Net Expense Ratio: 1.58%

Year Real Estate Fund FTSE NAREIT Equity REITs TR Index
2004 35.99% 31.58%
2005 13.88% 12.16%
2006 35.14% 35.06%
2007 -15.01% -15.69%
2008 -39.41% -37.73%
2009 29.67% 27.99%
2010 26.88% 27.96%
2011 7.79% 8.29%
2012 15.37% 18.06%
2013 2.54% 2.47%
2014 31.11% 30.14%
2015 2.14% 3.20%
2016 5.79% 8.52%
2017 3.81% 5.23%

Date Real Estate Fund FTSE NAREIT Equity REITs Index BBG Barclays Agg S&P 500
6/30/2008 0.00 0.00 0.00 0.00
7/31/2008 3.00 3.47 -0.08 -0.84
8/31/2008 5.56 5.76 0.87 0.59
9/30/2008 4.97 5.55 -0.49 -8.37
10/31/2008 -27.20 -27.87 -2.84 -23.76
11/30/2008 -43.51 -44.50 0.33 -29.23
12/31/2008 -35.77 -35.41 4.07 -28.48
1/31/2009 -46.53 -46.59 3.15 -34.51
2/28/2009 -57.18 -57.71 2.76 -41.48
3/31/2009 -56.19 -55.99 4.19 -36.35
4/30/2009 -41.31 -42.34 4.69 -30.26
5/31/2009 -39.94 -41.10 5.45 -26.36
6/30/2009 -42.33 -43.29 6.05 -26.21
7/31/2009 -36.32 -37.36 7.76 -20.63
8/31/2009 -27.59 -28.97 8.87 -17.77
9/30/2009 -23.41 -24.43 10.02 -14.70
10/31/2009 -26.76 -27.83 10.56 -16.28
11/30/2009 -21.78 -22.84 11.99 -11.26
12/31/2009 -16.52 -17.33 10.24 -9.55
1/31/2010 -21.28 -21.63 11.92 -12.80
2/28/2010 -16.57 -17.45 12.34 -10.10
3/31/2010 -8.43 -9.04 12.20 -4.68
4/30/2010 -1.98 -2.73 13.37 -3.17
5/31/2010 -7.08 -8.12 14.33 -10.90
6/30/2010 -12.32 -12.73 16.12 -15.57
7/31/2010 -3.64 -4.42 17.36 -9.65
8/31/2010 -5.22 -5.75 18.87 -13.73
9/30/2010 -1.13 -1.54 19.00 -6.03
10/31/2010 2.94 3.09 19.42 -2.46
11/30/2010 1.02 1.07 18.73 -2.44
12/31/2010 6.17 5.79 17.45 4.08
1/31/2011 9.51 9.22 17.59 6.54
2/28/2011 15.23 14.27 17.88 10.19
3/31/2011 13.62 12.50 17.95 10.24
4/30/2011 20.08 18.91 19.45 13.50
5/31/2011 22.01 20.56 21.00 12.22
6/30/2011 17.98 16.58 20.65 10.35
7/31/2011 20.02 18.37 22.56 8.10
8/31/2011 12.30 11.67 24.35 2.23
9/30/2011 -0.40 -0.57 25.26 -4.96
10/31/2011 13.61 13.75 25.39 5.43
11/30/2011 9.56 9.45 25.29 5.20
12/31/2011 14.79 14.56 26.66 6.27
1/31/2012 22.10 22.01 27.77 11.04
2/29/2012 20.50 20.71 27.74 15.84
3/31/2012 26.46 26.93 27.04 19.65
4/30/2012 30.02 30.58 28.45 18.90
5/31/2012 23.25 24.65 29.62 11.75
6/30/2012 29.77 31.64 29.67 16.36
7/31/2012 32.30 34.21 31.46 17.97
8/31/2012 32.13 34.24 31.54 20.63
9/30/2012 29.63 31.85 31.72 23.75
10/31/2012 28.53 30.74 31.98 21.46
11/30/2012 28.42 30.37 32.19 22.17
12/31/2012 32.75 35.25 32.00 23.28
1/31/2013 37.17 40.32 31.08 29.67
2/28/2013 37.69 42.09 31.73 31.43
3/31/2013 42.25 46.33 31.84 36.36
4/30/2013 50.93 56.11 33.17 38.98
5/31/2013 42.07 46.86 30.80 42.24
6/30/2013 38.16 44.04 28.77 40.33
7/31/2013 39.51 45.41 28.95 47.47
8/31/2013 30.12 35.28 28.29 43.19
9/30/2013 35.60 39.59 29.51 47.69
10/31/2013 42.08 45.84 30.55 54.47
11/30/2013 36.25 38.27 30.06 59.18
12/31/2013 36.52 38.59 29.33 63.21
1/31/2014 40.89 44.33 31.24 57.57
2/28/2014 48.39 51.57 31.94 64.78
3/31/2014 49.53 52.42 31.71 66.16
4/30/2014 54.44 57.47 32.82 67.39
5/31/2014 57.87 61.27 34.34 71.32
6/30/2014 59.91 63.06 34.41 74.86
7/31/2014 59.79 63.12 34.07 72.45
8/31/2014 64.01 67.93 35.55 79.34
9/30/2014 54.63 57.93 34.63 76.83
10/31/2014 71.83 73.63 35.95 81.15
11/30/2014 74.99 77.05 36.92 86.02
12/31/2014 79.39 80.36 37.04 85.55
1/31/2015 90.60 92.46 39.92 79.98
2/28/2015 84.97 85.76 38.60 90.33
3/31/2015 88.38 88.93 39.25 87.32
4/30/2015 77.15 78.55 38.75 89.11
5/31/2015 76.64 78.33 38.41 91.54
6/30/2015 68.17 70.13 36.90 87.84
7/31/2015 78.44 79.72 37.86 91.77
8/31/2015 67.47 68.60 37.66 80.20
9/30/2015 72.42 73.53 38.59 75.74
10/31/2015 81.17 83.72 38.61 90.57
11/30/2015 80.35 82.76 38.25 91.13
12/31/2015 83.68 86.13 37.80 88.12
1/31/2016 76.78 79.89 39.69 78.78
2/29/2016 75.75 79.13 40.69 78.54
3/31/2016 92.70 97.30 41.98 90.66
4/30/2016 87.65 92.59 42.52 91.39
5/31/2016 92.98 97.27 42.56 94.83
6/30/2016 106.56 111.03 45.12 95.34
7/31/2016 114.20 119.79 46.04 102.54
8/31/2016 107.19 111.73 45.87 102.82
9/30/2016 102.71 108.00 45.78 102.86
10/31/2016 91.80 96.23 44.67 99.16
11/30/2016 87.54 92.93 41.25 106.54
12/31/2016 94.82 101.98 41.45 110.62
1/31/2017 93.10 102.21 41.72 114.61
2/28/2017 100.52 109.11 42.68 123.14
3/31/2017 95.95 104.33 42.60 123.40
4/30/2017 96.26 104.58 43.70 125.69
5/31/2017 93.91 103.00 44.81 128.87
6/30/2017 97.42 107.44 44.66 130.29
7/31/2017 98.68 109.97 45.29 135.03
8/31/2017 100.49 109.44 46.59 135.75
9/30/2017 98.86 109.38 45.89 140.61
10/31/2017 98.07 107.37 45.97 146.23
11/30/2017 102.96 112.99 45.79 153.78
12/31/2017 102.73 112.54 46.46 156.60
1/31/2018 95.84 103.66 44.77 171.29
2/28/2018 82.06 87.95 43.40 161.29
3/31/2018 89.35 95.11 44.32 154.65
4/30/2018 90.83 97.91 43.24 155.63
5/31/2018 95.67 105.72 44.27 161.79
6/30/2018 101.60 114.70 44.09 163.40
Date Dividends
9/25/2008 0.1244
6/18/2009 0.1259
9/24/2009 0.0859
3/18/2010 0.0185
6/24/2010 0.0794
9/23/2010 0.0643
3/24/2011 0.0137
6/23/2011 0.0273
9/22/2011 0.0248
12/16/2011 0.0456
3/22/2012 0.0736
6/21/2012 0.0632
9/20/2012 0.084
12/14/2012 0.1397
3/21/2013 0.039
6/20/2013 0.1521
9/19/2013 0.0929
12/13/2013 0.0066
3/20/2014 0.0411
6/19/2014 0.1083
9/18/2014 0.1089
12/11/2014 0.1076
12/29/2014 0.053
3/18/2015 0.0291
6/17/2015 0.1051
9/23/2015 0.1553
12/10/2015 0.172
3/23/2016 0.0614
6/22/2016 0.1019
9/21/2016 0.1774
12/8/2016 0.1938
3/22/2017 0.0691
6/21/2017 0.0645
9/20/2017 0.0683
12/7/2017 0.0436
12/27/2017 0.0343
6/20/2018 0.0665

There is no guarantee of the payment of any dividend or other distributions at any level.

$ per share as of 07/23/2018

Date 2013 2014 2015 2016 2017
Short Term 0.1761 0.4868 0.4472
Long Term 0.0032 1.0441 1.5582 2.2193 0.9024
Total Amount of Distribution 0.0032 1.2201 2.0449 2.6665 0.9024
Record Date 12/11/13 12/10/14 12/9/15 12/7/16 12/6/17
Ex Div Date 12/12/13 12/11/14 12/10/15 12/8/16 12/7/17
Pay Date 12/13/13 12/11/14 12/10/15 12/8/16 12/7/17

There is no guarantee of the payment of any dividend or other distributions at any level.

Portfolio

Top Issuers

(75.8% of assets as of 06/30/2018)


Portfolio Holdings Breakdown

Country
Equity Sector
Asset Allocation
Market Cap 7
Country Real Estate Fund FTSE NAREIT Equity REITs TR Index Overweight / Underweight
United States 98.6% 100.0% -1.4%
Equity Sector Real Estate Fund FTSE NAREIT Equity REITs TR Index Overweight / Underweight
Office 13.4% 11.4% 2.0%
Apartments 13.1% 12.7% 0.3%
Data Centers 12.0% 7.9% 4.1%
Industrial 10.9% 9.5% 1.4%
Lodging/Resorts 9.8% 6.8% 3.0%
Health Care 8.8% 11.3% -2.5%
Regional Malls 6.4% 9.2% -2.8%
Shopping Centers 5.5% 6.2% -0.6%
Single Family Homes 4.8% 1.5% 3.3%
Free Standing 4.1% 4.0% 0.0%
Manufactured Homes 3.9% 1.8% 2.0%
Infrastructure Reits 2.1% - -
Specialty 1.7% 4.9% -3.2%
Diversified 1.2% 5.9% -4.7%
Home Financing 1.0% - -
Asset Allocation Real Estate Fund FTSE NAREIT Equity REITs TR Index Overweight / Underweight
Equity 98.6% 100.0% -1.4%
Market Cap Real Estate Fund FTSE NAREIT Equity REITs TR Index Overweight / Underweight
Mid 52.2% 52.3% -0.1%
Large 37.0% 34.8% 2.2%
Small 9.4% 12.9% -3.4%
Analytics
(As of 06/30/2018)

Morningstar 06/30/2018 (based on risk adjusted performance)
Overall Rating
Number of Funds
230
Category
Real Estate
Performance Statistics
3Y
5Y
Alpha
-1.64
-0.49
Beta
0.95
0.97
Information Ratio
-1.06
-0.38
R-Squared
97.90
98.04
Sharpe Ratio
0.46
0.57
Standard Deviation
12.82
13.57
Sortino Ratio
0.22
0.27
Tracking Error
1.99
1.94
Dividends
  • D
Est. Frequency
Quarterly
Last Pay Date
6/20/2018
Per Share ($)
$0.0665
12-Month Distribution ($)
$0.2127
Portfolio Characteristics
Fund
Fund Index
P/E Ratio (LTM)
35.74
32.53
P/E Ratio (NTM)
41.21
37.61
Price/Book
2.26
2.27
Turnover Ratio
84%
-
Distribution Rate
Distribution
1.11%
Adjusted Distribution
0.75%
Distribution Sources
  • D
Net Income
100.00%
Net Profit from Sale
0.00%
Other Capital Sources
0.00%
Documents
  1. 1. The Fund's portfolio managers are employed by its Sub-Sub-Adviser, Barings LLC.
  2. 2. Special Risks: Investments in real estate companies, including REITs or similar structures, are subject to volatility and risk. Smaller real estate companies may also be subject to liquidity risk. Small-sized company stock is typically more volatile than that of larger company stock. It may take a substantial period of time to realize a gain on an investment in a small-sized company, if any gain is realized at all. The Fund is classified as a “non-diversified” fund and may invest a greater portion of its assets in the securities of a single issuer.
  3. 3. The Fund intends to declare and pay dividends quarterly. At the time of the distribution, the amounts attributed to each category (dividend income, return of capital and/or capital gains) are estimated using historical information because the character of the amounts received from underlying real estate investment trusts ("REITs") is unknown until after the end of the calendar year. The amount distributed to shareholders is based on the underlying REIT distributions received less fund expenses. The distribution rate is based on the ex-dividend date immediately preceding the nearest month-end or quarter-end. The ex-dividend date is the day before the pay date. The distribution rate for each share class is calculated by annualizing the dividend distributed by the class on that date and dividing that figure by the class's net asset value on that date. Each result is compounded semiannually and annualized. Adjusted distribution rate for each share class is based on the Fund's distributed income less an estimate of the average return of capital based on historical ratios from the past three calendar years and that date's net asset value. The result is compounded semiannually and annualized. Falling share prices artificially increase distribution rates. Please note that OppenheimerFunds, Inc. is not quoting a 30-day SEC yield. See the Fund's prospectus for more information.
  4. 4. The net expense ratio (where applicable) also takes into account contractual fee waivers and/or expense reimbursements without which performance would have been less. These undertakings may not be amended or withdrawn for one year from the date of the current prospectus, unless approved by the Board.
  5. 5. Access index definitions.
  6. 6. Holdings are subject to change, and are dollar weighted based on total net assets. Negative weightings may result from the use of leverage. Leverage involves the use of various financial instruments or borrowed capital in an attempt to increase investment return. Leverage risks include potential for higher volatility, greater decline of the fund's net asset value and fluctuations of dividends and distributions paid by the fund.
  7. 7. Holdings are subject to change, are dollar-weighted based on assets, and may not reflect the use of leverage in the Fund. Market Cap breakdown is calculated using Morningstar's methodology and those capitalization standards may not align with those in the Fund’s prospectus.
  8. 8. Class I shares are only offered to eligible institutional investors that make a minimum initial investment of $1 million or more and to retirement plan service provider platforms. The minimum account balance for class I shares is $2.5 million. Class I shares are sold at net asset value without a sales charge. Please see Fund prospectuses for additional information.
  9. A. Daily net asset value and dollar change of the fund is as of the previous business day's closing. Fund net asset values are updated at approximately 7:00pm ET daily.
  10. B. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price, reinvested distributions, and a 5.75% maximum sales charge where indicated. Returns do not consider capital gains or income taxes on an individual's investment.
  11. C. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges (if sales charges are applicable to the Fund). These returns would be lower if sales charges were taken into consideration. Short-term returns may not be indicative of longer-term performance, which should also be considered when making investment decisions.
  12. D. There is no guarantee of the payment of any dividend or other distributions at any level.
  13. E. The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions and a 1% contingent deferred sales charge for the first year where indicated. Class C shares are subject to a 0.75% annual asset-backed sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
  14. F. The performance data quoted represents past performance, which does not guarantee future results. The investments return and principal value of an investment in the Fund will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance and expense ratios may be lower or higher than the data quoted. Fund returns include changes in share price and reinvested distributions. Class I shares are not subject to a sales charge. Returns do not consider capital gains or income taxes on an individual's investment.
×
Loading...
Tiny Button Small Button Large Button Default Button Secondary Button Framed Button Framed Button ( Small Caps )