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David Wharmby, CFA

Portfolio Manager

Bw david wharmby 469x264


  • 26 YRS


  • 20 YRS

    Sub-Adviser Firm

  • B.S. from University of Connecticut

David Wharmby serves as portfolio manager of the Oppenheimer Real Estate and Oppenheimer Global Real Estate funds. He is also the Head of Real Estate Equity Securities of Barings Real Estate Advisers LLC’s Real Estate Securities Group. He began his career at Barings Real Estate Advisers in 1996. Previously, he was at L.W. Ellwood & Co./Coopers & Lybrand, responsible for managing due diligence and valuation services for institutional investors.

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  • B.S. from University of Connecticut

Managed Funds

Average Annual Total Returns (%) as of 8/31/16
Fund Name Managed Since YTD as of
  • 9/29/16
  • A,B
1 Yr 3 Yr 5 Yr 10 Yr Life Gross Expense Ratio (%)
Real Estate Fund A - OREAX (NAV) 1/24/2012 10.97 22.83 14.35 11.85 7.12 11.82
Real Estate Fund A - OREAX (with Sales Charge) 1/24/2012 10.97 15.77 12.11 10.54 6.49 11.36
Global Real Estate Fund A - OGRAX (NAV) 3/20/2013 5.61 9.68 8.50 7.05
Global Real Estate Fund A - OGRAX (with Sales Charge) 3/20/2013 5.61 3.37 6.38 5.13

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. All fund returns include change in share price, reinvested distributions and the sales charges as listed below, unless "without sales charge" is indicated. Returns do not consider capital gains or income taxes on an individual's investment. Class A Share returns include a maximum sales charge of 5.75% (equity), 4.75% (most fixed income), 3.5% (Senior Floating Rate Fund, Senior Floating Rate Plus), 2.25% ("limited term" fixed income funds) and 0% (Money Market Funds). Class B Share returns include contingent deferred sales charge as follows:  For years 1 - 6 respectively, charges are 5%, 4%, 3%, 3%, 2%, 1% except for "limited term" fixed income funds (4%, 3%, 2%, 2%, 1%, 0%) and Senior Floating Rate (3%, 2% 1.5%, 1.5%, 1%, 0%). Class C Share returns include a 1% contingent deferred sales charge and are subject to an annual asset-based sales charge of 0.75%. Class R  are subject to an annual asset-based sales charge of 0.25%. Annual asset-based sales charges are applied as follows: 0.75% on Class B/C; and 0.25%  for Class R shares. Prior to 7/1/14, Class R shares were named Class N shares and were subject to a 1% CDSC (18 months). Class Y shares are not subject to a sales charge. 

  1. 1. The Fund's portfolio managers are employed by its Sub-Sub-Adviser, Barings Real Estate Advisers LLC.
  2. 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 p.m. ET daily.
  3. B. "Year to Date" returns are cumulative, not annualized, and do not reflect sales charges.  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.
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