Oppenheimer AMT-Free Municipals | Oppenheimer Main Street Small- & Mid-Cap Fund® |
Oppenheimer California Municipal Fund | Oppenheimer Money Market Fund, Inc. |
Oppenheimer Capital Appreciation Fund | Oppenheimer New Jersey Municipal Fund |
Oppenheimer Capital Income Fund | Oppenheimer Pennsylvania Municipal Fund |
Oppenheimer Cash Reserves | Oppenheimer Portfolio Series: Active Allocation Fund |
Oppenheimer Commodity Strategy Total Return Fund | Oppenheimer Portfolio Series: Conservative Investor Fund |
Oppenheimer Core Bond Fund | Oppenheimer Portfolio Series: Equity Investor Fund |
Oppenheimer Corporate Bond Fund | Oppenheimer Portfolio Series: Moderate Investor Fund |
Oppenheimer Currency Opportunities Fund | Oppenheimer Real Estate Fund |
Oppenheimer Developing Markets Fund | Oppenheimer Rising Dividends Fund |
Oppenheimer Diversified Alternatives Fund | Oppenheimer Rochester® AMT-Free New York Municipal Fund |
Oppenheimer Discovery Fund | Oppenheimer Rochester® Arizona Municipal Fund |
Oppenheimer Discovery Mid Cap Growth Fund | Oppenheimer Rochester® Intermediate Term Municipal Fund |
Oppenheimer Emerging Markets Debt Fund | Oppenheimer Rochester® Fund Municipals |
Oppenheimer Equity Fund | Oppenheimer Rochester® Limited Term Municipal Fund |
Oppenheimer Equity Income Fund, Inc. | Oppenheimer Rochester® Limited Term New York Municipal Fund |
Oppenheimer Flexible Strategies Fund | Oppenheimer Rochester® Maryland Municipal Fund |
Oppenheimer Global Allocation Fund | Oppenheimer Rochester® Massachusetts Municipal Fund |
Oppenheimer Global Fund | Oppenheimer Rochester® Michigan Municipal Fund |
Oppenheimer Global Multi Strategies Fund | Oppenheimer Rochester® Minnesota Municipal Fund |
Oppenheimer Global Real Estate Fund | Oppenheimer Rochester® National Municipals |
Oppenheimer Global Opportunities Fund | Oppenheimer Rochester® North Carolina Municipal Fund |
Oppenheimer Global Strategic Income Fund | Oppenheimer Rochester® Ohio Municipal Fund |
Oppenheimer Global Value Fund | Oppenheimer Rochester® Short Term Municipal Fund |
Oppenheimer Gold & Special Minerals Fund | Oppenheimer Rochester® Virginia Municipal Fund |
Oppenheimer International Bond Fund | Oppenheimer Select Value Fund |
Oppenheimer International Diversified Fund | Oppenheimer Senior Floating Rate Fund |
Oppenheimer International Growth Fund | Oppenheimer Senior Floating Rate Plus Fund |
Oppenheimer International Small Company Fund | Oppenheimer Short Duration Fund |
Oppenheimer International Value Fund | Oppenheimer Small- & Mid-Cap Value Fund |
Oppenheimer Limited Term California Municipal Fund | Oppenheimer SteelPath MLP Select 40 Fund |
Oppenheimer Limited-Term Bond Fund | Oppenheimer SteelPath MLP Alpha Fund |
Oppenheimer Limited-Term Government Fund | Oppenheimer SteelPath MLP Income Fund |
Oppenheimer Main Street Fund® | Oppenheimer SteelPath MLP Alpha Plus Fund |
Oppenheimer Main Street Select Fund® | Oppenheimer SteelPath MLP and Infrastructure Debt Fund |
Oppenheimer Main Street Small Cap Fund® | Oppenheimer Value Fund |
Statement of Additional Information Supplement dated September 6, 2013
This supplement amends the Statement of Additional Information ("SAI") of each of the above referenced funds (each a "Fund") and is in addition to any other supplements.
Section II.A of Appendix A to the Statement of Additional Information, titled “Waivers of Initial and Contingent Deferred Sales Charges for Certain Purchasers,” is revised as follows:
The last four bullet-points of Section II.A are deleted and replaced in their entirety with the following, including the appended footnote:
· | Effective October 1, 2005, taxable accounts established with the proceeds of Required Minimum Distributions from Retirement Plans.* |
· | Purchases of Class A shares by former shareholders of Atlas Strategic Income Fund in any Oppenheimer fund into which shareholders of Oppenheimer Global Strategic Income Fund may exchange.* |
· | Purchases of Class A shares by former shareholders of Oppenheimer Total Return Fund Periodic Investment Plan in any Oppenheimer fund into which shareholders of Oppenheimer Equity Fund may exchange.* |
· | Purchases of Class A shares within retirement plans that were converted to Class A shares on July 1, 2011.* |
* The availability of this Class A shares sales charge waiver may depend upon the policies, procedures and trading platforms of your financial intermediary; consult your financial adviser.
September 6, 2013 | PX0000.063 |