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M*: Risky Positions Lead To Neutral Rating for This Bank-Loan Fund: (OOSYX)
FYI: Oppenheimer Senior Floating Rate boasts an experienced team and low fees, and the addition of more-defined risk limits is a positive. However, the fund holds relatively large positions in a number of higher-risk securities, including some going through bankruptcy restructuring. Concerns about the idiosyncratic and liquidity risk introduced by these positions support an Morningstar Analyst Rating of Neutral. Regards, Ted http://www.morningstar.com/articles/857483/risky-positions-lead-to-neutral-rating-for-this-ba.html
