Oppenheimer Balanced Fund
Oppenheimer Capital Appreciation Fund
Oppenheimer Capital Income Fund
Oppenheimer Cash Reserves
Oppenheimer Champion Income Fund
Oppenheimer Convertible Securities Fund
Oppenheimer Core Bond Fund
Oppenheimer Developing Markets Fund
Oppenheimer Discovery Fund
Oppenheimer Dividend Growth Fund
Oppenheimer Emerging Growth Fund
Oppenheimer Emerging Technologies Fund
Oppenheimer Enterprise Fund
Oppenheimer Equity Fund, Inc.
Oppenheimer Global Fund
Oppenheimer Global Opportunities Fund
Oppenheimer Gold & Special Minerals Fund
Oppenheimer Growth Fund
Oppenheimer High Yield Fund
Oppenheimer International Bond Fund
Oppenheimer International Diversified Fund
Oppenheimer International Growth Fund
Oppenheimer International Large-Cap Core Fund
Oppenheimer International Small Company Fund
Oppenheimer International Value Fund
Oppenheimer Limited-Term Government Fund
Oppenheimer Main Street Fund
Oppenheimer Main Street Opportunity Fund
Oppenheimer Main Street Small Cap Fund
Oppenheimer MidCap Fund
Oppenheimer Portfolio Series
Oppenheimer Quest Balanced Fund
Oppenheimer Quest Capital Value Fund, Inc.
Oppenheimer Quest International Value Fund, Inc.
Oppenheimer Quest Opportunity Value Fund
Oppenheimer Quest Value Fund, Inc.
Oppenheimer Real Asset Fund
Oppenheimer Real Estate Fund
Oppenheimer Select Value Fund
Oppenheimer Small- & Mid- Cap Value Fund
Oppenheimer Strategic Income Fund
Oppenheimer Total Return Bond Fund
Oppenheimer U.S. Government Trust
Oppenheimer Value Fund



                Prospectus Supplement dated September 30, 2005

This supplement amends the Prospectus of each of the above-referenced Funds
(the "Funds") and is in addition to any existing supplements.

1. Effective October 1, 2005, for each of the Funds, the section in the
   Prospectus titled "Special Sales Charge Arrangements and Waivers--Other
   Special Sales Charge Arrangements and Waivers--Purchases by Certain
   Retirement Plans" is amended by deleting that section in its entirety and
   replacing it with the following:

      Purchases by Certain Retirement Plans. There is no initial sales
      charge on purchases of Class A shares of the Fund by retirement
      plans that have $5 million or more in plan assets. In that case
      the Distributor may pay from its own resources, at the time of
      sale, concessions in an amount equal to 0.25% of the purchase
      price of Class A shares purchased within the first six months of
      account establishment by those retirement plans to dealers of
      record, subject to certain exceptions described in "Retirement
      Plans" in the Statement of Additional Information.
      There is also no initial sales charge on purchases of Class A
      shares of the Fund by certain retirement plans that are part of a
      retirement plan or platform offered by banks, broker-dealers,
      financial advisors, insurance companies or recordkeepers. No
      contingent deferred sales charge is charged upon the redemption of
      such shares.

2. Effective October 1, 2005, for each of the Funds, in the section in the
   Prospectus titled "Distribution and Service Plans--Distribution and Service
   Plans for Class C and Class N Shares" the paragraph that begins "Under
   certain circumstances, if there is . . ." is amended by deleting that
   paragraph in its entirety and replacing it with the following:

      For certain group retirement plans held in omnibus accounts, the
      Distributor will pay the full Class C or Class N asset-based sales
      charge and the service fee to the dealer beginning in the first
      year after the purchase of such shares in lieu of paying the
      dealer the sales concession and the advance of the first year's
      service fee at the time of purchase.  Group Omnibus plans may not
      purchase Class B Shares.


September 30, 2005                                            PS0000.018