This article discusses the influence of the oligomeric resin, hydrogenated oligo-(cyclopentadiene) (HOCP), on the morphology, and thermal and tensile mechanical properties of its blends with isotactic poly(4-methylpentene-1) (P4MP1). The P4MP1 and HOCP are found not miscible in the melt state. P4MP1/HOCP blends after solidification contain three phases: the crystalline phase of P4MP1, an amorphous phase of P4MP1, and an amorphous phase of HOCP. From optical micrographs obtained at 150ЊC, it is found that the solidified blends show a morphology constituted by P4MP1 microspherulites and small HOCP domains homogeneously distributed in intraspherulitic regions. DSC and DMTA results show that the blends present two glass transition temperatures (T g ) equal to the T g s of the pure components. The tensile mechanical properties have been investigated at 20, 60, and 120ЊC. At 20ЊC both the HOCP oligomer and the amorphous P4MP1 are glassy, and it is found that all the blends are brittle and the stress-strain curves have equal trends. At 60ЊC the HOCP oligomer is glassy, whereas the amorphous P4MP1 is rubbery. The tensile mechanical properties at 60ЊC are found to depend on blend composition. It is found that the Young's modulus, the stresses at yielding and break points slightly decrease with HOCP content in the blends and these results are related to the decrease of blend crystallinity. The decrease of the elongation at break is accounted for by the presence of glassy HOCP domains that act as defects in the P4MP1 matrix, hampering the drawing. At 120ЊC both the amorphous phases are rubbery. It is found decreases of Young's modulus, stresses at yielding and break points. These results have been related to the decrease of blend crystallinity and to the increase of the total rubbery amorphous phase. Moreover, it is found that the blends present elongations at break equal to that of pure P4MP1. This constancy is attributed to: (a) at 120ЊC the HOCP domains are rubbery and their presence seems not to disturb the drawing of the samples; (b) a sufficient number of the tie-molecules and entanglements of P4MP1 present in the blends. In fact, although the numbers of tie-molecules and entanglements decrease in the blends, increasing the HOCP oligomer, they seem to be enough to keep the material interlaced and avoid earlier rupture.