0001133228-13-000054.txt : 20130110 0001133228-13-000054.hdr.sgml : 20130110 20130110113709 ACCESSION NUMBER: 0001133228-13-000054 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20130110 DATE AS OF CHANGE: 20130110 EFFECTIVENESS DATE: 20130110 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER CAPITAL APPRECIATION FUND CENTRAL INDEX KEY: 0000319767 IRS NUMBER: 133054122 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-69719 FILM NUMBER: 13522065 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER TARGET FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER TARGET FUND INC DATE OF NAME CHANGE: 19870616 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER CAPITAL APPRECIATION FUND CENTRAL INDEX KEY: 0000319767 IRS NUMBER: 133054122 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-03105 FILM NUMBER: 13522066 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER TARGET FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER TARGET FUND INC DATE OF NAME CHANGE: 19870616 0000319767 S000006959 OPPENHEIMER CAPITAL APPRECIATION FUND C000018983 A C000018984 B C000018985 C C000018986 N C000018987 Y C000109448 I 485BPOS 1 e485bpos-capappr.htm OPPENHEIMER CAPITAL APPRECIATION FUND e485bpos-capappr.htm - Generated by SEC Publisher for SEC Filing

 

 

Registration No. 2-69719

File No. 811-3105

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC  20549

 

FORM N-1A

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

x

 

 

Pre-Effective Amendment No.

o

 

 

Post-Effective Amendment No. 61

x

 

 

and/or

 

 

 

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940

x

 

 

Amendment No. 54

x

 

OPPENHEIMER CAPITAL APPRECIATION FUND

(Exact Name of Registrant as Specified in Charter)

 

6803 South Tucson Way, Centennial, Colorado 80112-3924

(Address of Principal Executive Offices)                 (Zip Code)

 

(303) 768-3200

(Registrant’s Telephone Number, including Area Code)

 

Arthur S. Gabinet, Esq.

OFI Global Asset Management, Inc.

Two World Financial Center, 225 Liberty Street 11th Floor, New York, New York 10281-1008

(Name and Address of Agent for Service)

It is proposed that this filing will become effective (check appropriate box):

 

x

Immediately upon filing pursuant to paragraph (b)

o

On ____________, pursuant to paragraph (b)

o

60 days after filing, pursuant to paragraph (a)(1)

o

On _____________, pursuant to paragraph (a)(1)

o

75 days after filing, pursuant to paragraph (a)(2)

o

On ______________, pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

 

o

This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 

 

 


 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York and State of New York on the 10th day of January, 2013.

 

 

 

OPPENHEIMER CAPITAL APPRECIATION FUND



 

 

By: 


William F. Glavin, Jr.*

 

 

 

William F. Glavin, Jr., President and
Principal Executive Officer

 

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities on the dates indicated:

 

Signatures

 

Title

 

Date

 

 

 

 

 

 

 

 

 

 

Brian F. Wruble*

 

Chairman of the

 

January 10, 2013

Brian F. Wruble

 

Board of Trustees

 

 

 

 

 

 

 

 

 

 

 

 

William F. Glavin, Jr.*

 

President and Principal

 

January 10, 2013

William F. Glavin, Jr.

 

Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

Brian W. Wixted*

 

Treasurer, Principal Financial

 

January 10, 2013

Brian W. Wixted

 

& Accounting Officer

 

 

 

 

 

 

 

 

 

 

 

 

David K. Downes*

 

Trustee

 

January 10, 2013

David K. Downes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Matthew P. Fink*

 

Trustee

 

January 10, 2013

Matthew P. Fink

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Phillip A. Griffiths*

 

Trustee

 

January 10, 2013

Phillip A. Griffiths

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mary F. Miller*

 

Trustee

 

January 10, 2013

Mary F. Miller

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Joel W. Motley*

 

Trustee

 

January 10, 2013

Joel W. Motley

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mary Ann Tynan*

 

Trustee

 

January 10, 2013

Mary Ann Tynan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Joseph M. Wikler*

 

Trustee

 

January 10, 2013

Joseph M. Wikler

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Peter I. Wold*

 

Trustee

 

January 10, 2013

Peter I. Wold

 

 

 

 

 

 

 

 

*By: 


/s/ Mitchell J. Lindauer

 

 



 

 

Mitchell J. Lindauer, Attorney-in-Fact

 

 

 

 

 


 

 

 

EXHIBIT INDEX

 

Exhibit No.

Description

 

 

Ex-101.INS

XBRL Instance Document

Ex-101.SCH

XBRL Taxonomy Extension Schema Document

Ex-101.CAL

XBRL Taxonomy Extension Calculation Linkbase Document

Ex-101.DEF

XBRL Taxonomy Extension Definition Linkbase

Ex-101.LAB

XBRL Taxonomy Extension Labels Linkbase

Ex-101.PRE

XBRL Taxonomy Extension Presentation Linkbase Document

 

EX-101.INS 2 oppenheimer-20130104.xml XBRL INSTANCE DOCUMENT 0000319767 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:C000018983Member oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:C000018984Member oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:C000018985Member oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:C000018986Member oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:C000018987Member oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:C000109448Member oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:C000018983Member rr:AfterTaxesOnDistributionsMember oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:C000018983Member rr:AfterTaxesOnDistributionsAndSalesMember oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:SandP500IndexAAAAMember oppenheimer:AAAAMember 2012-12-28 2012-12-28 0000319767 oppenheimer:S000006959Member oppenheimer:Russ1kGrowthIndexAAAAMember oppenheimer:AAAAMember 2012-12-28 2012-12-28 xbrli:pure iso4217:USD xbrli:shares iso4217:USD xbrli:shares 485BPOS 2012-08-31 OPPENHEIMER CAPITAL APPRECIATION FUND 0000319767 false 2012-12-28 2012-12-27 2012-12-28 <div style="display: none">~ http://xbrl.sec.gov/rr/role/RiskReturnDetailData column period compact * row dei_DocumentInformationDocumentAxis compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * row rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Investment Objective.</b> The Fund seeks capital appreciation. </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Fees and Expenses of the Fund.</b> This table describes the fees and expenses that you may pay if you buy and hold or redeem shares of the Fund. You may qualify for sales charge discounts if you (or you and your spouse) invest, or agree to invest in the future, at least $25,000 in certain funds in the Oppenheimer family of funds. More information about these and other discounts is available from your financial professional and in the section "About Your Account" beginning on page 9 of the prospectus and in the sections "How to Buy Shares" beginning on page 53 and "Appendix A" in the Fund's Statement of Additional Information.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Shareholder Fees (fees paid directly from your investment) </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)</b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Example.</b> The following Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in a class of shares of the Fund for the time periods indicated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your expenses would be as follows: </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> If shares are redeemed </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> If shares are not redeemed </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b> Portfolio Turnover.</b> The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Principal Investment Strategies.</b> The Fund mainly invests in common stocks of "growth companies." Growth companies are companies whose earnings and stock prices are expected to increase at a faster rate than the overall market. These may be newer companies or established companies of any capitalization range that the portfolio managers believe may appreciate in value over the long term. Currently, the Fund primarily focuses on established companies that are similar in size to companies in the S&amp;P 500 Index or the Russell 1000 Growth Index. The Fund primarily invests in securities of U.S. issuers but may also invest in foreign securities. The portfolio managers look for growth companies with stock prices that they believe are reasonable in relation to overall stock market valuations. In seeking broad diversification of the Fund's portfolio among industries and market sectors, the portfolio managers focus on a number of factors that may vary in particular cases and over time. Currently, the portfolio managers look for:</p> <ul><li> <p style="font-size:12;padding-top:0;padding-bottom:0;padding-left:0;">companies in business areas that have above-average growth potential</p> </li><li> <p style="font-size:12;padding-top:0;padding-bottom:0;padding-left:0;">companies with growth rates that the portfolio managers believe are sustainable over time</p> </li><li> <p style="font-size:12;padding-top:0;padding-bottom:0;padding-left:0;">stocks with reasonable valuations relative to their growth potential.</p> </li></ul> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The Fund may sell the stocks of companies that the portfolio managers believe no longer meet the above criteria, but is not required to do so.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Principal Risks.</b> The price of the Fund's shares can go up and down substantially. The value of the Fund's investments may change because of broad changes in the markets in which the Fund invests or because of poor investment selection, which could cause the Fund to underperform other funds with similar investment objectives. There is no assurance that the Fund will achieve its investment objective. When you redeem your shares, they may be worth more or less than what you paid for them. <i>These risks mean that you can lose money by investing in the Fund.</i> </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Main Risks of Investing in Stock.</b> The value of the Fund's portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall sharply at times. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The prices of individual stocks generally do not all move in the same direction at the same time and a variety of factors can affect the price of a particular company's stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company's sector or industry, or changes in government regulations affecting the company or its industry.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> At times, the Fund may emphasize investments in a particular industry or economic or market sector. To the extent that the Fund increases its emphasis on investments in a particular industry or sector, the value of its investments may fluctuate more in response to events affecting that industry or sector, such as changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others. </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Main Risks of Growth Investing.</b> If a growth company's earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Who Is The Fund Designed For?</b> The Fund is designed primarily for investors seeking capital appreciation over the long term. Those investors should be willing to assume the risks of short-term share price fluctuations that are typical for a fund focusing on stocks. Because of its focus on long-term growth, the Fund may be more appropriate for investors with longer term investment goals. The Fund is not designed for investors needing current income. The Fund is not a complete investment program. You should carefully consider your own investment goals and risk tolerance before investing in the Fund.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b> An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. </b> </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>The Fund's Past Performance.</b> The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance (for Class A shares) from year to year and by showing how the Fund's average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. The Fund's past investment performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More recent performance information is available by calling the toll-free number on the back of this prospectus and on the Fund's website: <u>https://www.oppenheimerfunds.com/fund/investors/overview/CapitalAppreciationFund </u> </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">Sales charges and taxes are not included and the returns would be lower if they were. During the period shown, the highest return for a calendar quarter was 18.94% (2nd Qtr 09) and the lowest was -28.10% (4th Qtr 08). For the period from January 1, 2012 to September 30, 2012 the cumulative return before taxes was 14.90%.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The following table shows the average annual total returns for each class of the Fund's shares. After-tax returns are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state or local taxes. Your actual after-tax returns, depending on your individual tax situation, may differ from those shown and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown for only one class and after-tax returns for other classes will vary.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> Performance information for Class I shares will be provided after those shares have one full calendar year of performance. </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Average Annual Total Returns for the periods ended December 31, 2011</b></p> <div style="display:none">~http://oppenheimer/role/ShareholderFeesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact oppenheimer_S000006959Member ~</div> 0.0575 0 0 0.05 0 0.01 0 0.01 0 0 0 0 <div style="display:none">~ http://oppenheimer/role/OperatingExpensesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact oppenheimer_S000006959Member ~</div> 0.0059 0.0023 0.0031 0.0113 0 0.0113 0.0059 0.0099 0.0059 0.0217 -0.002 0.0197 0.0059 0.01 0.0034 0.0193 0 0.0193 0.0059 0.0049 0.0031 0.0139 0 0.0139 0.0059 0 0.0013 0.0072 0 0.0072 0.0059 0 0.0003 0.0062 0 0.0062 <div style="display:none">~ http://oppenheimer/role/ExpenseExampleAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact oppenheimer_S000006959Member ~</div> 684 702 298 242 74 64 915 967 612 443 231 199 1165 1358 1052 766 402 347 1878 1996 2275 1680 898 777 <div style="display:none">~ http://oppenheimer/role/ExpenseExampleNoRedemptionAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact oppenheimer_S000006959Member ~</div> 684 202 198 142 74 64 915 667 612 443 231 199 1165 1158 1052 766 402 347 1878 1996 2275 1680 898 777 <div style="display:none">~ http://oppenheimer/role/BarChartDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact oppenheimer_S000006959Member ~</div> -0.2626 0.2946 0.0646 0.047 0.0751 0.1376 -0.459 0.4358 0.0914 -0.0157 <div style="display:none">~ http://oppenheimer/role/PerformanceTableDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact oppenheimer_S000006959Member ~</div> -0.0723 -0.0726 -0.0467 -0.0732 -0.0333 -0.0282 -0.0117 0.0211 0.0264 -0.022 -0.0226 -0.0185 -0.0222 -0.0179 -0.013 -0.0063 -0.0025 0.025 0.0023 0.0018 0.0019 0.0034 0.0006 0.0054 0.0123 0.0292 0.026 You may qualify for sales charge discounts if you (or you and your spouse) invest, or agree to invest in the future, at least $25,000 in certain funds in the Oppenheimer family of funds. 25000 0.26 An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The price of the Fund's shares can go up and down substantially. The value of the Fund's investments may change because of broad changes in the markets in which the Fund invests or because of poor investment selection, which could cause the Fund to underperform other funds with similar investment objectives. There is no assurance that the Fund will achieve its investment objective. When you redeem your shares, they may be worth more or less than what you paid for them. These risks mean that you can lose money by investing in the Fund. The Fund's past investment performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. For the period from January 1, 2012 to September 30, 2012 the cumulative return before taxes was 14.90%. 0.1490 2012-09-30 highest return for a calendar quarter was 18.94% (2nd Qtr 09) 0.1894 lowest was -28.10% (4th Qtr 08) -0.2810 https://www.oppenheimerfunds.com/fund/investors/overview/CapitalAppreciationFund After-tax returns are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state or local taxes. Your actual after-tax returns, depending on your individual tax situation, may differ from those shown and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown for only one class and after-tax returns for other classes will vary. 1981-01-22 1995-11-01 1993-12-01 2001-03-01 1997-11-03 The Fund's transfer agent has voluntarily agreed to limit its fees for Classes B, C, N and Y to 0.35% of average annual net assets per class per fiscal year, and to 0.30% of average annual net assets per fiscal year for Class A. This fee waiver and/or expense limitation may not be amended or withdrawn until one year from the date of this prospectus. EX-101.SCH 3 oppenheimer-20130104.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 010002 - Document - Oppenheimer Capital Appreciation Fund {Unlabeled} link:presentationLink link:calculationLink link:definitionLink 020062 - Schedule - Average Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink 020032 - Schedule - Expense Example {Transposed} link:presentationLink link:calculationLink link:definitionLink 020022 - Schedule - Annual Fund Operating Expenses link:presentationLink link:calculationLink link:definitionLink 020012 - Schedule - Shareholder Fees link:presentationLink link:calculationLink link:definitionLink 020042 - Schedule - Expense Example, No Redemption {Transposed} link:presentationLink link:calculationLink link:definitionLink 020052 - Schedule - Annual Total Returns {Transposed} link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 4 oppenheimer-20130104_cal.xml XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 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DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsYear05 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsYear10 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsSinceInception DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsInceptionDate DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesLabel DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesYear01 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesYear05 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesYear10 DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesSinceInception DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesInceptionDate Money Market Seven Day Yield, Caption [Text] Money Market Seven Day Yield Column [Text] Money Market Seven Day Yield Phone Money Market Seven Day Yield Money Market Seven Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column [Text] Thirty Day Yield Phone Thirty Day Yield Thirty Day Tax Equivalent Yield DEPRECATED Market Index Return, Label DEPRECATED 1 Year DEPRECATED 5 Years DEPRECATED 10 Years DEPRECATED Market Index Return, Since inception DEPRECATED Market Index Return, Inception Date Performance Table Footnotes Performance Table Closing [Text Block] Risk Section: Risk [Heading] Risk Narrative [Text Block] Risk Nondiversified Status [Text] Risk Lose Money [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Risk Footnotes [Text Block] Risk Closing [Text Block] Expense [Heading] Expense Narrative [Text Block] Expense Breakpoint Discounts [Text] Expense Exchange Traded Fund Commissions [Text] Shareholder Fees Caption [Text] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum Sales Charge (Load) imposed on purchases (as % of offering price) Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Caption [Text] Operating Expenses Column [Text] Management Fees Distribution and/or Service (12b-1) Fees Distribution or Similar (Non 12b-1) Fees Other Expenses Other Expenses Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Acquired Fund Fees and Expenses Total Annual Fund Operating Expenses Total Annual Fund Operating Expenses Fee Waiver and/or Expense Reimbursement Fee Waiver and/or Expense Reimbursement Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement Expenses Represent Both Master and Feeder [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expense Example [Heading] Expense Example Narrative [Text Block] Expense Example by Year [Heading] Expense Example by, Year, Caption [Text] Expense Example, By Year, Column [Text] Column Expense Example, with Redemption, 1 Year 1 Year Expense Example, with Redemption, 3 Years 3 Years Expense Example, with Redemption, 5 Years 5 Years Expense Example, with Redemption, 10 Years 10 Years Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption, By Year, Column [Text] Column Expense Example, No Redemption, 1 Year 1 Year Expense Example, No Redemption, 3 Years 3 Years Expense Example, No Redemption, 5 Years 5 Years Expense Example, No Redemption, 10 Years 10 Years Expense Example Closing [Text Block] Prospectus Date Prospectus: Share Class [Axis] Share Classes Prospectus [Line Items] Form N-1A: Risk/Return: Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Bar Chart and Performance Table Section: Bar Chart Narrative: Bar Chart Table: Bar Chart Closing: Average Annual Return: DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAbstract DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesAbstract Market Index Return: Performance Narrative: Performance Table Section: Performance Table Closing: Expenses: Shareholder Fees: Operating Expenses: Net Expenses (as a percentage of Assets): Expenses (as a percentage of Assets): Other Expenses over Assets: Expense Footnotes: Expense Footnotes [Text Block] Expense Example Narrative: Expense Example: Expense Example Closing: Expense Example Footnotes [Text Block] Portfolio Turnover: Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint, Minimum Investment Required [Amount] Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Bar Chart Footnotes [Text Block] Performance Table One Class of after Tax Shown [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Index No Deduction for Fees, Expenses, Taxes [Text] Annual Return 2013 Annual Return 2014 Performance Availability Website Address [Text] Performance Availability Phone [Text] S000006959 Member (Oppenheimer Capital Appreciation Fund) AAAA Member C000018983 Member Class A C000018984 Member Class B C000018985 Member Class C C000109448 Member Class I C000018986 Member Class N C000018987 Member Class Y Russ1kGrowthIndexAAAA Member Russell 1000 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Annual Total Returns (dei_DocumentInformationDocumentAxis, (Oppenheimer Capital Appreciation Fund), Class A)
0 Months Ended
Dec. 28, 2012
(Oppenheimer Capital Appreciation Fund) | Class A
 
Bar Chart Table:  
Annual Return 2002 (26.26%)
Annual Return 2003 29.46%
Annual Return 2004 6.46%
Annual Return 2005 4.70%
Annual Return 2006 7.51%
Annual Return 2007 13.76%
Annual Return 2008 (45.90%)
Annual Return 2009 43.58%
Annual Return 2010 9.14%
Annual Return 2011 (1.57%)
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(Oppenheimer Capital Appreciation Fund)

Investment Objective. The Fund seeks capital appreciation.

Fees and Expenses of the Fund. This table describes the fees and expenses that you may pay if you buy and hold or redeem shares of the Fund. You may qualify for sales charge discounts if you (or you and your spouse) invest, or agree to invest in the future, at least $25,000 in certain funds in the Oppenheimer family of funds. More information about these and other discounts is available from your financial professional and in the section "About Your Account" beginning on page 9 of the prospectus and in the sections "How to Buy Shares" beginning on page 53 and "Appendix A" in the Fund's Statement of Additional Information.

Shareholder Fees (fees paid directly from your investment)

Shareholder Fees (Oppenheimer Capital Appreciation Fund)
Class A
Class B
Class C
Class N
Class Y
Class I
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) 5.75% none none none none none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) none 5.00% 1.00% 1.00% none none

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses (Oppenheimer Capital Appreciation Fund)
Class A
Class B
Class C
Class N
Class Y
Class I
Management Fees 0.59% 0.59% 0.59% 0.59% 0.59% 0.59%
Distribution and/or Service (12b-1) Fees 0.23% 0.99% 1.00% 0.49% none none
Other Expenses 0.31% 0.59% 0.34% 0.31% 0.13% 0.03%
Total Annual Fund Operating Expenses 1.13% 2.17% 1.93% 1.39% 0.72% 0.62%
Fee Waiver and/or Expense Reimbursement [1] none (0.20%) none none none none
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement 1.13% 1.97% 1.93% 1.39% 0.72% 0.62%
[1] The Fund's transfer agent has voluntarily agreed to limit its fees for Classes B, C, N and Y to 0.35% of average annual net assets per class per fiscal year, and to 0.30% of average annual net assets per fiscal year for Class A. This fee waiver and/or expense limitation may not be amended or withdrawn until one year from the date of this prospectus.

Example. The following Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in a class of shares of the Fund for the time periods indicated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your expenses would be as follows:

If shares are redeemed

Expense Example (Oppenheimer Capital Appreciation Fund) (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
684 915 1,165 1,878
Class B
702 967 1,358 1,996
Class C
298 612 1,052 2,275
Class N
242 443 766 1,680
Class Y
74 231 402 898
Class I
64 199 347 777

If shares are not redeemed

Expense Example, No Redemption (Oppenheimer Capital Appreciation Fund) (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
684 915 1,165 1,878
Class B
202 667 1,158 1,996
Class C
198 612 1,052 2,275
Class N
142 443 766 1,680
Class Y
74 231 402 898
Class I
64 199 347 777

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio.

Principal Investment Strategies. The Fund mainly invests in common stocks of "growth companies." Growth companies are companies whose earnings and stock prices are expected to increase at a faster rate than the overall market. These may be newer companies or established companies of any capitalization range that the portfolio managers believe may appreciate in value over the long term. Currently, the Fund primarily focuses on established companies that are similar in size to companies in the S&P 500 Index or the Russell 1000 Growth Index. The Fund primarily invests in securities of U.S. issuers but may also invest in foreign securities. The portfolio managers look for growth companies with stock prices that they believe are reasonable in relation to overall stock market valuations. In seeking broad diversification of the Fund's portfolio among industries and market sectors, the portfolio managers focus on a number of factors that may vary in particular cases and over time. Currently, the portfolio managers look for:

  • companies in business areas that have above-average growth potential

  • companies with growth rates that the portfolio managers believe are sustainable over time

  • stocks with reasonable valuations relative to their growth potential.

The Fund may sell the stocks of companies that the portfolio managers believe no longer meet the above criteria, but is not required to do so.

Principal Risks. The price of the Fund's shares can go up and down substantially. The value of the Fund's investments may change because of broad changes in the markets in which the Fund invests or because of poor investment selection, which could cause the Fund to underperform other funds with similar investment objectives. There is no assurance that the Fund will achieve its investment objective. When you redeem your shares, they may be worth more or less than what you paid for them. These risks mean that you can lose money by investing in the Fund.

Main Risks of Investing in Stock. The value of the Fund's portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall sharply at times. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.

The prices of individual stocks generally do not all move in the same direction at the same time and a variety of factors can affect the price of a particular company's stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company's sector or industry, or changes in government regulations affecting the company or its industry.

At times, the Fund may emphasize investments in a particular industry or economic or market sector. To the extent that the Fund increases its emphasis on investments in a particular industry or sector, the value of its investments may fluctuate more in response to events affecting that industry or sector, such as changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others.

Main Risks of Growth Investing. If a growth company's earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.

Who Is The Fund Designed For? The Fund is designed primarily for investors seeking capital appreciation over the long term. Those investors should be willing to assume the risks of short-term share price fluctuations that are typical for a fund focusing on stocks. Because of its focus on long-term growth, the Fund may be more appropriate for investors with longer term investment goals. The Fund is not designed for investors needing current income. The Fund is not a complete investment program. You should carefully consider your own investment goals and risk tolerance before investing in the Fund.

An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

The Fund's Past Performance. The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance (for Class A shares) from year to year and by showing how the Fund's average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. The Fund's past investment performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More recent performance information is available by calling the toll-free number on the back of this prospectus and on the Fund's website: https://www.oppenheimerfunds.com/fund/investors/overview/CapitalAppreciationFund

Bar Chart

Sales charges and taxes are not included and the returns would be lower if they were. During the period shown, the highest return for a calendar quarter was 18.94% (2nd Qtr 09) and the lowest was -28.10% (4th Qtr 08). For the period from January 1, 2012 to September 30, 2012 the cumulative return before taxes was 14.90%.

Average Annual Total Returns for the periods ended December 31, 2011

The following table shows the average annual total returns for each class of the Fund's shares. After-tax returns are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state or local taxes. Your actual after-tax returns, depending on your individual tax situation, may differ from those shown and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown for only one class and after-tax returns for other classes will vary.

Performance information for Class I shares will be provided after those shares have one full calendar year of performance.

Average Annual Total Returns (Oppenheimer Capital Appreciation Fund)
Inception Date
1 Year
5 Years
10 Years
Class A
Jan. 22, 1981 (7.23%) (2.20%) 0.23%
Class A Return After Taxes on Distributions
  (7.26%) (2.26%) 0.18%
Class A Return After Taxes on Distributions and Sale of Fund Shares
  (4.67%) (1.85%) 0.19%
Class B
Nov. 01, 1995 (7.32%) (2.22%) 0.34%
Class C
Dec. 01, 1993 (3.33%) (1.79%) 0.06%
Class N
Mar. 01, 2001 (2.82%) (1.30%) 0.54%
Class Y
Nov. 03, 1997 (1.17%) (0.63%) 1.23%
S&P 500 Index
  2.11% (0.25%) 2.92%
Russell 1000 Growth Index
  2.64% 2.50% 2.60%
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XML 13 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Shareholder Fees (dei_DocumentInformationDocumentAxis, (Oppenheimer Capital Appreciation Fund))
0 Months Ended
Dec. 28, 2012
Class A
 
Shareholder Fees:  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) 5.75%
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) none
Class B
 
Shareholder Fees:  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) 5.00%
Class C
 
Shareholder Fees:  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) 1.00%
Class I
 
Shareholder Fees:  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) none
Class N
 
Shareholder Fees:  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) 1.00%
Class Y
 
Shareholder Fees:  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) none
XML 14 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
(Oppenheimer Capital Appreciation Fund)

Investment Objective. The Fund seeks capital appreciation.

Fees and Expenses of the Fund. This table describes the fees and expenses that you may pay if you buy and hold or redeem shares of the Fund. You may qualify for sales charge discounts if you (or you and your spouse) invest, or agree to invest in the future, at least $25,000 in certain funds in the Oppenheimer family of funds. More information about these and other discounts is available from your financial professional and in the section "About Your Account" beginning on page 9 of the prospectus and in the sections "How to Buy Shares" beginning on page 53 and "Appendix A" in the Fund's Statement of Additional Information.

Shareholder Fees (fees paid directly from your investment)

Shareholder Fees (Oppenheimer Capital Appreciation Fund)
Class A
Class B
Class C
Class N
Class Y
Class I
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) 5.75% none none none none none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) none 5.00% 1.00% 1.00% none none

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses (Oppenheimer Capital Appreciation Fund)
Class A
Class B
Class C
Class N
Class Y
Class I
Management Fees 0.59% 0.59% 0.59% 0.59% 0.59% 0.59%
Distribution and/or Service (12b-1) Fees 0.23% 0.99% 1.00% 0.49% none none
Other Expenses 0.31% 0.59% 0.34% 0.31% 0.13% 0.03%
Total Annual Fund Operating Expenses 1.13% 2.17% 1.93% 1.39% 0.72% 0.62%
Fee Waiver and/or Expense Reimbursement [1] none (0.20%) none none none none
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement 1.13% 1.97% 1.93% 1.39% 0.72% 0.62%
[1] The Fund's transfer agent has voluntarily agreed to limit its fees for Classes B, C, N and Y to 0.35% of average annual net assets per class per fiscal year, and to 0.30% of average annual net assets per fiscal year for Class A. This fee waiver and/or expense limitation may not be amended or withdrawn until one year from the date of this prospectus.

Example. The following Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in a class of shares of the Fund for the time periods indicated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your expenses would be as follows:

If shares are redeemed

Expense Example (Oppenheimer Capital Appreciation Fund) (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
684 915 1,165 1,878
Class B
702 967 1,358 1,996
Class C
298 612 1,052 2,275
Class N
242 443 766 1,680
Class Y
74 231 402 898
Class I
64 199 347 777

If shares are not redeemed

Expense Example, No Redemption (Oppenheimer Capital Appreciation Fund) (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
684 915 1,165 1,878
Class B
202 667 1,158 1,996
Class C
198 612 1,052 2,275
Class N
142 443 766 1,680
Class Y
74 231 402 898
Class I
64 199 347 777

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio.

Principal Investment Strategies. The Fund mainly invests in common stocks of "growth companies." Growth companies are companies whose earnings and stock prices are expected to increase at a faster rate than the overall market. These may be newer companies or established companies of any capitalization range that the portfolio managers believe may appreciate in value over the long term. Currently, the Fund primarily focuses on established companies that are similar in size to companies in the S&P 500 Index or the Russell 1000 Growth Index. The Fund primarily invests in securities of U.S. issuers but may also invest in foreign securities. The portfolio managers look for growth companies with stock prices that they believe are reasonable in relation to overall stock market valuations. In seeking broad diversification of the Fund's portfolio among industries and market sectors, the portfolio managers focus on a number of factors that may vary in particular cases and over time. Currently, the portfolio managers look for:

  • companies in business areas that have above-average growth potential

  • companies with growth rates that the portfolio managers believe are sustainable over time

  • stocks with reasonable valuations relative to their growth potential.

The Fund may sell the stocks of companies that the portfolio managers believe no longer meet the above criteria, but is not required to do so.

Principal Risks. The price of the Fund's shares can go up and down substantially. The value of the Fund's investments may change because of broad changes in the markets in which the Fund invests or because of poor investment selection, which could cause the Fund to underperform other funds with similar investment objectives. There is no assurance that the Fund will achieve its investment objective. When you redeem your shares, they may be worth more or less than what you paid for them. These risks mean that you can lose money by investing in the Fund.

Main Risks of Investing in Stock. The value of the Fund's portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall sharply at times. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.

The prices of individual stocks generally do not all move in the same direction at the same time and a variety of factors can affect the price of a particular company's stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company's sector or industry, or changes in government regulations affecting the company or its industry.

At times, the Fund may emphasize investments in a particular industry or economic or market sector. To the extent that the Fund increases its emphasis on investments in a particular industry or sector, the value of its investments may fluctuate more in response to events affecting that industry or sector, such as changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others.

Main Risks of Growth Investing. If a growth company's earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.

Who Is The Fund Designed For? The Fund is designed primarily for investors seeking capital appreciation over the long term. Those investors should be willing to assume the risks of short-term share price fluctuations that are typical for a fund focusing on stocks. Because of its focus on long-term growth, the Fund may be more appropriate for investors with longer term investment goals. The Fund is not designed for investors needing current income. The Fund is not a complete investment program. You should carefully consider your own investment goals and risk tolerance before investing in the Fund.

An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

The Fund's Past Performance. The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance (for Class A shares) from year to year and by showing how the Fund's average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. The Fund's past investment performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More recent performance information is available by calling the toll-free number on the back of this prospectus and on the Fund's website: https://www.oppenheimerfunds.com/fund/investors/overview/CapitalAppreciationFund

Bar Chart

Sales charges and taxes are not included and the returns would be lower if they were. During the period shown, the highest return for a calendar quarter was 18.94% (2nd Qtr 09) and the lowest was -28.10% (4th Qtr 08). For the period from January 1, 2012 to September 30, 2012 the cumulative return before taxes was 14.90%.

Average Annual Total Returns for the periods ended December 31, 2011

The following table shows the average annual total returns for each class of the Fund's shares. After-tax returns are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state or local taxes. Your actual after-tax returns, depending on your individual tax situation, may differ from those shown and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown for only one class and after-tax returns for other classes will vary.

Performance information for Class I shares will be provided after those shares have one full calendar year of performance.

Average Annual Total Returns (Oppenheimer Capital Appreciation Fund)
Inception Date
1 Year
5 Years
10 Years
Class A
Jan. 22, 1981 (7.23%) (2.20%) 0.23%
Class A Return After Taxes on Distributions
  (7.26%) (2.26%) 0.18%
Class A Return After Taxes on Distributions and Sale of Fund Shares
  (4.67%) (1.85%) 0.19%
Class B
Nov. 01, 1995 (7.32%) (2.22%) 0.34%
Class C
Dec. 01, 1993 (3.33%) (1.79%) 0.06%
Class N
Mar. 01, 2001 (2.82%) (1.30%) 0.54%
Class Y
Nov. 03, 1997 (1.17%) (0.63%) 1.23%
S&P 500 Index
  2.11% (0.25%) 2.92%
Russell 1000 Growth Index
  2.64% 2.50% 2.60%
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Average Annual Total Returns (dei_DocumentInformationDocumentAxis, (Oppenheimer Capital Appreciation Fund))
0 Months Ended
Dec. 28, 2012
S&P 500 Index
 
Average Annual Return:  
1 Year 2.11%
5 Years (0.25%)
10 Years 2.92%
Russell 1000 Growth Index
 
Average Annual Return:  
1 Year 2.64%
5 Years 2.50%
10 Years 2.60%
Class A
 
Average Annual Return:  
1 Year (7.23%)
5 Years (2.20%)
10 Years 0.23%
Inception Date Jan. 22, 1981
Class A | Return After Taxes on Distributions
 
Average Annual Return:  
1 Year (7.26%)
5 Years (2.26%)
10 Years 0.18%
Class A | Return After Taxes on Distributions and Sale of Fund Shares
 
Average Annual Return:  
1 Year (4.67%)
5 Years (1.85%)
10 Years 0.19%
Class B
 
Average Annual Return:  
1 Year (7.32%)
5 Years (2.22%)
10 Years 0.34%
Inception Date Nov. 01, 1995
Class C
 
Average Annual Return:  
1 Year (3.33%)
5 Years (1.79%)
10 Years 0.06%
Inception Date Dec. 01, 1993
Class N
 
Average Annual Return:  
1 Year (2.82%)
5 Years (1.30%)
10 Years 0.54%
Inception Date Mar. 01, 2001
Class Y
 
Average Annual Return:  
1 Year (1.17%)
5 Years (0.63%)
10 Years 1.23%
Inception Date Nov. 03, 1997
XML 17 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 485BPOS
Document Period End Date dei_DocumentPeriodEndDate Aug. 31, 2012
Registrant Name dei_EntityRegistrantName OPPENHEIMER CAPITAL APPRECIATION FUND
Central Index Key dei_EntityCentralIndexKey 0000319767
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Dec. 27, 2012
Document Effective Date dei_DocumentEffectiveDate Dec. 28, 2012
Prospectus Date rr_ProspectusDate Dec. 28, 2012
(Oppenheimer Capital Appreciation Fund)
 
Risk/Return: rr_RiskReturnAbstract  
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

Investment Objective. The Fund seeks capital appreciation.

Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

Fees and Expenses of the Fund. This table describes the fees and expenses that you may pay if you buy and hold or redeem shares of the Fund. You may qualify for sales charge discounts if you (or you and your spouse) invest, or agree to invest in the future, at least $25,000 in certain funds in the Oppenheimer family of funds. More information about these and other discounts is available from your financial professional and in the section "About Your Account" beginning on page 9 of the prospectus and in the sections "How to Buy Shares" beginning on page 53 and "Appendix A" in the Fund's Statement of Additional Information.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption

Shareholder Fees (fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the Example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 26% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 26.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you (or you and your spouse) invest, or agree to invest in the future, at least $25,000 in certain funds in the Oppenheimer family of funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 25,000
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

Example. The following Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in a class of shares of the Fund for the time periods indicated. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your expenses would be as follows:

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption

If shares are redeemed

Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption

If shares are not redeemed

Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Principal Investment Strategies. The Fund mainly invests in common stocks of "growth companies." Growth companies are companies whose earnings and stock prices are expected to increase at a faster rate than the overall market. These may be newer companies or established companies of any capitalization range that the portfolio managers believe may appreciate in value over the long term. Currently, the Fund primarily focuses on established companies that are similar in size to companies in the S&P 500 Index or the Russell 1000 Growth Index. The Fund primarily invests in securities of U.S. issuers but may also invest in foreign securities. The portfolio managers look for growth companies with stock prices that they believe are reasonable in relation to overall stock market valuations. In seeking broad diversification of the Fund's portfolio among industries and market sectors, the portfolio managers focus on a number of factors that may vary in particular cases and over time. Currently, the portfolio managers look for:

  • companies in business areas that have above-average growth potential

  • companies with growth rates that the portfolio managers believe are sustainable over time

  • stocks with reasonable valuations relative to their growth potential.

The Fund may sell the stocks of companies that the portfolio managers believe no longer meet the above criteria, but is not required to do so.

Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

Principal Risks. The price of the Fund's shares can go up and down substantially. The value of the Fund's investments may change because of broad changes in the markets in which the Fund invests or because of poor investment selection, which could cause the Fund to underperform other funds with similar investment objectives. There is no assurance that the Fund will achieve its investment objective. When you redeem your shares, they may be worth more or less than what you paid for them. These risks mean that you can lose money by investing in the Fund.

Main Risks of Investing in Stock. The value of the Fund's portfolio may be affected by changes in the stock markets. Stock markets may experience significant short-term volatility and may fall sharply at times. Different stock markets may behave differently from each other and U.S. stock markets may move in the opposite direction from one or more foreign stock markets.

The prices of individual stocks generally do not all move in the same direction at the same time and a variety of factors can affect the price of a particular company's stock. These factors may include, but are not limited to: poor earnings reports, a loss of customers, litigation against the company, general unfavorable performance of the company's sector or industry, or changes in government regulations affecting the company or its industry.

At times, the Fund may emphasize investments in a particular industry or economic or market sector. To the extent that the Fund increases its emphasis on investments in a particular industry or sector, the value of its investments may fluctuate more in response to events affecting that industry or sector, such as changes in economic conditions, government regulations, availability of basic resources or supplies, or other events that affect that industry or sector more than others.

Main Risks of Growth Investing. If a growth company's earnings or stock price fails to increase as anticipated, or if its business plans do not produce the expected results, its securities may decline sharply. Growth companies may be newer or smaller companies that may experience greater stock price fluctuations and risks of loss than larger, more established companies. Newer growth companies tend to retain a large part of their earnings for research, development or investments in capital assets. Therefore, they may not pay any dividends for some time. Growth investing has gone in and out of favor during past market cycles and is likely to continue to do so. During periods when growth investing is out of favor or when markets are unstable, it may be more difficult to sell growth company securities at an acceptable price. Growth stocks may also be more volatile than other securities because of investor speculation.

Who Is The Fund Designed For? The Fund is designed primarily for investors seeking capital appreciation over the long term. Those investors should be willing to assume the risks of short-term share price fluctuations that are typical for a fund focusing on stocks. Because of its focus on long-term growth, the Fund may be more appropriate for investors with longer term investment goals. The Fund is not designed for investors needing current income. The Fund is not a complete investment program. You should carefully consider your own investment goals and risk tolerance before investing in the Fund.

An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Risk Lose Money [Text] rr_RiskLoseMoney The price of the Fund's shares can go up and down substantially. The value of the Fund's investments may change because of broad changes in the markets in which the Fund invests or because of poor investment selection, which could cause the Fund to underperform other funds with similar investment objectives. There is no assurance that the Fund will achieve its investment objective. When you redeem your shares, they may be worth more or less than what you paid for them. These risks mean that you can lose money by investing in the Fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the Fund is not a deposit of any bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The Fund's Past Performance. The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance (for Class A shares) from year to year and by showing how the Fund's average annual returns for 1, 5 and 10 years compare with those of a broad measure of market performance. The Fund's past investment performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. More recent performance information is available by calling the toll-free number on the back of this prospectus and on the Fund's website: https://www.oppenheimerfunds.com/fund/investors/overview/CapitalAppreciationFund

Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress https://www.oppenheimerfunds.com/fund/investors/overview/CapitalAppreciationFund
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund's past investment performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Sales charges and taxes are not included and the returns would be lower if they were. During the period shown, the highest return for a calendar quarter was 18.94% (2nd Qtr 09) and the lowest was -28.10% (4th Qtr 08). For the period from January 1, 2012 to September 30, 2012 the cumulative return before taxes was 14.90%.

Performance Table Heading rr_PerformanceTableHeading

Average Annual Total Returns for the periods ended December 31, 2011

Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state or local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Your actual after-tax returns, depending on your individual tax situation, may differ from those shown and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for only one class and after-tax returns for other classes will vary.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock

The following table shows the average annual total returns for each class of the Fund's shares. After-tax returns are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state or local taxes. Your actual after-tax returns, depending on your individual tax situation, may differ from those shown and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown for only one class and after-tax returns for other classes will vary.

Performance information for Class I shares will be provided after those shares have one full calendar year of performance.

(Oppenheimer Capital Appreciation Fund) | Russell 1000 Growth Index
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.64%
5 Years rr_AverageAnnualReturnYear05 2.50%
10 Years rr_AverageAnnualReturnYear10 2.60%
(Oppenheimer Capital Appreciation Fund) | S&P 500 Index
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
10 Years rr_AverageAnnualReturnYear10 2.92%
(Oppenheimer Capital Appreciation Fund) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none
Management Fees rr_ManagementFeesOverAssets 0.59%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.23%
Other Expenses rr_OtherExpensesOverAssets 0.31%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.13%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.13%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 684
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 915
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,165
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,878
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 684
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 915
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,165
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,878
Annual Return 2002 rr_AnnualReturn2002 (26.26%)
Annual Return 2003 rr_AnnualReturn2003 29.46%
Annual Return 2004 rr_AnnualReturn2004 6.46%
Annual Return 2005 rr_AnnualReturn2005 4.70%
Annual Return 2006 rr_AnnualReturn2006 7.51%
Annual Return 2007 rr_AnnualReturn2007 13.76%
Annual Return 2008 rr_AnnualReturn2008 (45.90%)
Annual Return 2009 rr_AnnualReturn2009 43.58%
Annual Return 2010 rr_AnnualReturn2010 9.14%
Annual Return 2011 rr_AnnualReturn2011 (1.57%)
Year to Date Return, Label rr_YearToDateReturnLabel For the period from January 1, 2012 to September 30, 2012 the cumulative return before taxes was 14.90%.
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 14.90%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel highest return for a calendar quarter was 18.94% (2nd Qtr 09)
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 18.94%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel lowest was -28.10% (4th Qtr 08)
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (28.10%)
1 Year rr_AverageAnnualReturnYear01 (7.23%)
5 Years rr_AverageAnnualReturnYear05 (2.20%)
10 Years rr_AverageAnnualReturnYear10 0.23%
Inception Date rr_AverageAnnualReturnInceptionDate Jan. 22, 1981
(Oppenheimer Capital Appreciation Fund) | Class A | Return After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (7.26%)
5 Years rr_AverageAnnualReturnYear05 (2.26%)
10 Years rr_AverageAnnualReturnYear10 0.18%
(Oppenheimer Capital Appreciation Fund) | Class A | Return After Taxes on Distributions and Sale of Fund Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.67%)
5 Years rr_AverageAnnualReturnYear05 (1.85%)
10 Years rr_AverageAnnualReturnYear10 0.19%
(Oppenheimer Capital Appreciation Fund) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 5.00%
Management Fees rr_ManagementFeesOverAssets 0.59%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.99%
Other Expenses rr_OtherExpensesOverAssets 0.59%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.17%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.20%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.97%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 702
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 967
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,358
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,996
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 202
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 667
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,158
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,996
1 Year rr_AverageAnnualReturnYear01 (7.32%)
5 Years rr_AverageAnnualReturnYear05 (2.22%)
10 Years rr_AverageAnnualReturnYear10 0.34%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 1995
(Oppenheimer Capital Appreciation Fund) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00%
Management Fees rr_ManagementFeesOverAssets 0.59%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.34%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.93%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.93%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 298
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 612
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,052
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,275
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 198
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 612
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 1,052
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,275
1 Year rr_AverageAnnualReturnYear01 (3.33%)
5 Years rr_AverageAnnualReturnYear05 (1.79%)
10 Years rr_AverageAnnualReturnYear10 0.06%
Inception Date rr_AverageAnnualReturnInceptionDate Dec. 01, 1993
(Oppenheimer Capital Appreciation Fund) | Class I
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none
Management Fees rr_ManagementFeesOverAssets 0.59%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.03%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.62%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.62%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 64
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 199
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 347
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 777
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 64
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 199
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 347
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 777
(Oppenheimer Capital Appreciation Fund) | Class N
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther 1.00%
Management Fees rr_ManagementFeesOverAssets 0.59%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.49%
Other Expenses rr_OtherExpensesOverAssets 0.31%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.39%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 1.39%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 242
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 443
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 766
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,680
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 142
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 443
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 766
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,680
1 Year rr_AverageAnnualReturnYear01 (2.82%)
5 Years rr_AverageAnnualReturnYear05 (1.30%)
10 Years rr_AverageAnnualReturnYear10 0.54%
Inception Date rr_AverageAnnualReturnInceptionDate Mar. 01, 2001
(Oppenheimer Capital Appreciation Fund) | Class Y
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) imposed on purchases (as % of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as % of the lower of original offering price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none
Management Fees rr_ManagementFeesOverAssets 0.59%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.13%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.72%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement rr_NetExpensesOverAssets 0.72%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 74
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 231
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 402
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 898
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 74
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 231
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 402
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 898
1 Year rr_AverageAnnualReturnYear01 (1.17%)
5 Years rr_AverageAnnualReturnYear05 (0.63%)
10 Years rr_AverageAnnualReturnYear10 1.23%
Inception Date rr_AverageAnnualReturnInceptionDate Nov. 03, 1997
[1] The Fund's transfer agent has voluntarily agreed to limit its fees for Classes B, C, N and Y to 0.35% of average annual net assets per class per fiscal year, and to 0.30% of average annual net assets per fiscal year for Class A. This fee waiver and/or expense limitation may not be amended or withdrawn until one year from the date of this prospectus.
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Annual Fund Operating Expenses (dei_DocumentInformationDocumentAxis, (Oppenheimer Capital Appreciation Fund))
0 Months Ended
Dec. 28, 2012
Class A
 
Operating Expenses:  
Management Fees 0.59%
Distribution and/or Service (12b-1) Fees 0.23%
Other Expenses 0.31%
Total Annual Fund Operating Expenses 1.13%
Fee Waiver and/or Expense Reimbursement none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement 1.13%
Class B
 
Operating Expenses:  
Management Fees 0.59%
Distribution and/or Service (12b-1) Fees 0.99%
Other Expenses 0.59%
Total Annual Fund Operating Expenses 2.17%
Fee Waiver and/or Expense Reimbursement (0.20%) [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement 1.97%
Class C
 
Operating Expenses:  
Management Fees 0.59%
Distribution and/or Service (12b-1) Fees 1.00%
Other Expenses 0.34%
Total Annual Fund Operating Expenses 1.93%
Fee Waiver and/or Expense Reimbursement none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement 1.93%
Class I
 
Operating Expenses:  
Management Fees 0.59%
Distribution and/or Service (12b-1) Fees none
Other Expenses 0.03%
Total Annual Fund Operating Expenses 0.62%
Fee Waiver and/or Expense Reimbursement none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement 0.62%
Class N
 
Operating Expenses:  
Management Fees 0.59%
Distribution and/or Service (12b-1) Fees 0.49%
Other Expenses 0.31%
Total Annual Fund Operating Expenses 1.39%
Fee Waiver and/or Expense Reimbursement none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement 1.39%
Class Y
 
Operating Expenses:  
Management Fees 0.59%
Distribution and/or Service (12b-1) Fees none
Other Expenses 0.13%
Total Annual Fund Operating Expenses 0.72%
Fee Waiver and/or Expense Reimbursement none [1]
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement 0.72%
[1] The Fund's transfer agent has voluntarily agreed to limit its fees for Classes B, C, N and Y to 0.35% of average annual net assets per class per fiscal year, and to 0.30% of average annual net assets per fiscal year for Class A. This fee waiver and/or expense limitation may not be amended or withdrawn until one year from the date of this prospectus.
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