(OMFL) Oppenheimer Russell 1000 - Ratings and Ratios

The Oppenheimer Russell 1000 Dynamic Multifactor ETF (OMFL) is a BATS-listed fund designed to capture the performance of large-cap U.S. equities through a factor-driven approach. It typically allocates at least 80% of its assets to securities within its underlying index, which employs a dynamic mix of factor investing strategies. These factors—such as value, momentum, and quality—are selected based on their historical ability to outperform during different phases of the economic cycle.

The fund’s underlying index is maintained by Russell, a well-known index provider, and is rebalanced regularly to ensure optimal exposure to the selected factors. This dynamic adjustment allows the fund to adapt to changing market conditions, potentially enhancing returns and reducing risk. OMFL is structured as an ETF, offering investors the transparency and liquidity typically associated with exchange-traded funds.

With an AUM of over $5 billion, OMFL is a sizable ETF within the large-blend category. It provides exposure to a diversified portfolio of large-cap U.S. companies, with a focus on those that exhibit strong fundamental characteristics. The fund’s expense ratio and trading liquidity make it a cost-effective option for investors seeking factor-based equity exposure.

OMFL is domiciled in the United States and is designed to serve as a core or satellite holding in a diversified investment portfolio. Its factor-driven approach makes it particularly appealing to investors and fund managers seeking to capitalize on the cyclical nature of various investment factors. The fund’s structure and strategy are intended to provide a balance of stability and growth, aligning with the objectives of long-term investors.