EX-99 5 form_ex99a-va.htm OPPENHEIMER VARIABLE ACCOUNT FUNDS form_ex99a-va.htm
 
 
 
 
 OPPENHEIMER GLOBAL STRATEGIC INCOME FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax
purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Reduction
to Accumulated
Net Investment
Income
Reduction
to Accumulated Net
Realized Loss
on Investments
$2,236,117
$27,442,515
$25,206,398


 
 
 

OPPENHEIMER MAIN STREET SMALL CAP FUND/VA

Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Increase
to Accumulated
Net Investment
Income
Reduction
to Accumulated Net
Realized Gain
on Investments3
$21,012,227
$1,885,981
$22,898,208

3. $21,062,159, including $20,495,261 of long-term capital gain, was distributed in connection with Fund share redemptions.
 
 
 

OPPENHEIMER GLOBAL FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Reduction
to Accumulated
Net Investment
Income
Reduction
to Accumulated Net
Realized Gain
on Investments3
$18,578,087
$168,874
$18,409,213

3. $18,578,087, all of which was long-term capital gain, was distributed in connection with Fund share redemptions.
 
 
 

OPPENHEIMER CAPITAL APPRECIATION FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Increase
to Accumulated
Net Investment
Loss
Reduction
to Accumulated Net
Realized Gain
on Investments3
$18,611,466
$8,182
$18,603,284

3. $18,611,466, including $16,181,730 of long-term capital gain, was distributed in connection with Fund share redemptions.
 
 
 

OPPENHEIMER INTERNATIONAL GROWTH FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Increase
to Accumulated
Net Investment
Income
Reduction
to Accumulated Net
Realized Gain
on Investments3
$4,182,314
$160,984
$4,343,298

3. $4,182,314, including $4,063,145 of long-term capital gain, was distributed in connection with Fund share redemptions.
 
 
 

OPPENHEIMER DISCOVERY MID CAP GROWTH FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Reduction
to Accumulated
Net Investment
Loss
Reduction
to Accumulated Net
Realized Gain
on Investments3
$2,366,836
$2,970,778
$5,337,614

3. $5,337,614, all of which was long-term capital gain, was distributed in connection with Fund share redemptions.
 
 
 

OPPENHEIMER CORE BOND FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Reduction
to Accumulated
Net Investment
Income
Reduction
to Accumulated Net
Realized Loss
on Investments
$115,964
$115,964

 
 
 

OPPENHEIMER EQUITY INCOME FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Increase
to Accumulated
Net Investment
Income
Reduction
to Accumulated Net
Realized Gain
on Investments3
$83,593
$29,322
$112,915

3. $83,543 including $46,266 of long-term capital gain, was distributed in connection with Fund share redemptions.
 
 
 

OPPENHEIMER MAIN STREET FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Reduction
to Accumulated
Net Investment
Income
Reduction
to Accumulated Net
Realized
on Investments4
$21,137,101
$14,964
$21,122,137

4. $21,137,101, including $17,994,597 of long-term capital gain, was distributed in connection with Fund share redemptions.
 
 
 

OPPENHEIMER MONEY FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Reduction
to Accumulated
Net Investment
Loss
Reduction
to Accumulated Net
Realized Gain
on Investments
$1,807
$9,664
$11,471


 
 
 

OPPENHEIMER CAPITAL INCOME FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Increase
to Paid-in Capital
Reduction
to Accumulated
Net Investment
Income
Reduction
to Accumulated Net
Realized Loss
on Investments
$5,734
$57,073
$51,339


 
 
 

OPPENHEIMER DIVERSIFIED ALTERNATIVES FUND/VA
Net investment income (loss) and net realized gain (loss) may differ for financial statement and tax purposes. The character of dividends and distributions made during the fiscal year from net investment income or net realized gains may differ from their ultimate characterization for federal income tax purposes. Also, due to timing of dividends and distributions, the fiscal year in which amounts are distributed may differ from the fiscal year in which the income or net realized gain was recorded by the Fund.
 
Accordingly, the following amounts have been reclassified for December 31, 2014. Net assets of the Fund were unaffected by the reclassifications.
Reduction
to Paid-in Capital
Reduction
to Accumulated
Net Investment
Loss
Increase
to Accumulated Net
Realized Loss
on Investments
$163,531
$251,322
$87,791