Oppenheimer Capital Appreciation Fund | Oppenheimer Main Street Fund® |
Oppenheimer Capital Income Fund | Oppenheimer Main Street Mid Cap Fund® |
Oppenheimer Corporate Bond Fund | Oppenheimer Main Street Small Cap Fund® |
Oppenheimer Developing Markets Fund | Oppenheimer Mid Cap Value Fund |
Oppenheimer Discovery Mid Cap Growth Fund | Oppenheimer Municipal Fund |
Oppenheimer Dividend Opportunity Fund | Oppenheimer Portfolio Series: Active Allocation Fund |
Oppenheimer Emerging Markets Innovators Fund | Oppenheimer Portfolio Series: Conservative Investor Fund |
Oppenheimer Emerging Markets Local Debt Fund | Oppenheimer Portfolio Series: Equity Investor Fund |
Oppenheimer Equity Income Fund | Oppenheimer Portfolio Series: Moderate Investor Fund |
Oppenheimer Fundamental Alternatives Fund | Oppenheimer Preferred Securities and Income Fund |
Oppenheimer Global Allocation Fund | Oppenheimer Real Estate Fund |
Oppenheimer Global Focus Fund | Oppenheimer Rising Dividends Fund |
Oppenheimer Global High Yield Fund | Oppenheimer Rochester® AMT-Free New York Municipal Fund |
Oppenheimer Global Multi-Asset Growth Fund | Oppenheimer Rochester® Fund Municipals |
Oppenheimer Global Multi-Asset Income Fund | Oppenheimer Rochester® Limited Term New York Municipal Fund |
Oppenheimer Global Strategic Income Fund | Oppenheimer Rochester® Short Duration High Yield Municipal Fund |
Oppenheimer Global Unconstrained Bond Fund | Oppenheimer Senior Floating Rate Fund |
Oppenheimer Gold & Special Minerals Fund | Oppenheimer Senior Floating Rate Plus Fund |
Oppenheimer Government Cash Reserves | Oppenheimer Short Term Municipal Fund |
Oppenheimer Government Money Market Fund | Oppenheimer Small Cap Value Fund |
Oppenheimer Intermediate Term Municipal Fund | Oppenheimer SteelPath MLP & Energy Infrastructure Fund |
Oppenheimer International Diversified Fund | Oppenheimer SteelPath MLP Alpha Fund |
Oppenheimer International Equity Fund | Oppenheimer SteelPath MLP Alpha Plus Fund |
Oppenheimer International Growth Fund | Oppenheimer SteelPath MLP Income Fund |
Oppenheimer International Small-Mid Company Fund | Oppenheimer SteelPath MLP Select 40 Fund |
Oppenheimer Limited-Term Bond Fund | Oppenheimer SteelPath Panoramic Fund |
Oppenheimer Limited-Term Government Fund | Oppenheimer Total Return Bond Fund |
Oppenheimer Macquarie Global Infrastructure Fund | Oppenheimer Ultra-Short Duration Fund |
Oppenheimer Value Fund |
Supplement dated November 29, 2018 to the Prospectus
This supplement amends the prospectus of the above referenced funds (each, a “Fund” and together, the “Funds”) and is in addition to any other supplement(s). You should read this supplement in conjunction with the prospectus and retain it for future reference.
1. | The first paragraph of the section “Special Sales Charge Arrangements and Waivers” appearing in the Appendix is deleted and replaced by the following: |
In certain cases, the initial sales charge that applies to purchases of Class A shares of the Oppenheimer funds or the contingent deferred sales charge (“CDSC”) that may apply to Class A or Class C shares of the Oppenheimer funds may be waived. The sales charge waivers and discounts discussed in the prospectus under “Sales Charge Waivers” are offered by the Fund and Distributor. However, the additional waivers and discounts set forth below may be offered to clients of specific financial intermediaries. In all instances, it is the shareholder’s responsibility to notify the Fund or the shareholder’s financial intermediary at the time of purchase or redemption of any relationship or other facts qualifying the shareholder for sales charge waivers or discounts. The financial intermediary-specific waivers and discounts shown below are only available to clients of those financial intermediaries specifically named in this appendix. Clients of other intermediaries may be eligible for the discounts and waivers listed in the prospectus under “Sales Charge Waivers,” but are not entitled to the waivers and discounts included in this appendix. Please contact your financial intermediary for questions regarding your eligibility and for more information with respect to your financial intermediary’s sales charge waivers and discounts. The waivers below apply to the extent the Fund offers the particular share class identified below. The terms and availability of these waivers and special arrangements may be amended or terminated at any time.
2. | The following is added at the end of the Appendix: |
Sales Charge Waivers Available at Raymond James & Associates, Inc., Raymond James Financial Services, Inc. & Raymond James affiliates (“Raymond James”)
Effective March 1, 2019, shareholders purchasing fund shares through a Raymond James platform or account will be eligible only for the following load waivers (front-end sales charge waivers and contingent deferred, or back-end, sales charge waivers) and discounts, which may differ from those disclosed elsewhere in this fund’s prospectus or SAI.
Front-end sales load waivers on Class A shares available at Raymond James
CDSC Waivers on Classes A and C shares available at Raymond James
Frond-end load discounts available at Raymond James: breakpoints, and/or rights of accumulation
November 29, 2018 | PS0000.198 |