Oklahoma Municipal Fund Class I (OKMIX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Oklahoma Municipal Fund Class I (OKMIX) is up 1.7% since the beginning of the year. OKMIX is currently trading at $11 per share. Investors who bought $1,000 worth of OKMIX shares 5 years ago would now be looking at an investment worth $1,010.

Oklahoma Municipal Fund Class I (OKMIX) has returned 1.72% so far this year and 7.60% over the past 12 months.

Based on dividend-adjusted daily data since Nov 8, 2017, OKMIX's average daily return is +0.01%, while the average monthly return is +0.13%. At this rate, an investment would double in approximately 44.5 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2023 with a return of +7.3%, while the worst month was Sep 2022 at -4.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, OKMIX closed higher 30% of trading days. The best single day was Apr 10, 2025 with a return of +3.7%, while the worst single day was Mar 19, 2020 at -2.7%.

Oklahoma Municipal Fund Class I has an annualized alpha of 1.27%, beta of 0.02, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since November 08, 2017.

• This fund participated in 21.46% of S&P 500 Index downside but only 12.40% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.02 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

OKMIX has an expense ratio of 0.73%, placing it in the medium range.

OKMIX ranks 78 for risk / return — better than 78% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Oklahoma Municipal Fund Class I provided a 3.44% dividend yield over the last twelve months, with an annual payout of $0.37 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for Oklahoma Municipal Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Oklahoma Municipal Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Oklahoma Municipal Fund Class I was 15.12%, occurring on Oct 26, 2022. Recovery took 833 trading sessions.

The current Oklahoma Municipal Fund Class I drawdown is 0.34%.

The chart below shows the rolling one-month volatility.