Thursday, January 20, 2005

Name: : OPPENHEIMER INTERNATIONAL BOND
Ticker: OIBAX
Purchase price:

Dividend yield is very attractive at 5.68%. This bond fund has generated great returns of 20.8%, 25.8%, 15.56% in 01, 02, 03. For the 12-month period ended Sept. 30, the $1.6 billion portfolio rose 11.6%, vs. 6% for the average global fixed-income fund. For the three-year period, the fund gained 18.2% annualized, vs. 9.1% for the peer group. For the last five years, it has risen 12.8% annualized, vs. 6.5% for its peers.

Expense ratio is about 1.22%. S&P rates this one 5 stars out of 5.

More info here

Going to try and stay in this one for a while. I like the emerging market bent and I find the fund manager and team to be quite savvy.

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