0000728889-18-000867.txt : 20180517 0000728889-18-000867.hdr.sgml : 20180517 20180517161654 ACCESSION NUMBER: 0000728889-18-000867 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180517 DATE AS OF CHANGE: 20180517 EFFECTIVENESS DATE: 20180517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER ROCHESTER AMT-FREE MUNICIPAL FUND CENTRAL INDEX KEY: 0000275857 IRS NUMBER: 132882747 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-57116 FILM NUMBER: 18843161 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER ROCHESTER AMT-FREE MUNICIPALS DATE OF NAME CHANGE: 20130123 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER AMT-FREE MUNICIPALS DATE OF NAME CHANGE: 20031210 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER MUNICIPAL BOND FUND DATE OF NAME CHANGE: 19961031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER ROCHESTER Ltd TERM CALIFORNIA MUNICIPAL FUND CENTRAL INDEX KEY: 0001272949 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-111230 FILM NUMBER: 18843165 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUSCON WAY CITY: DENVER STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER LTD TERM CALIFORNIA MUNICIPAL FUND DATE OF NAME CHANGE: 20031212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER ROCHESTER CALIFORNIA MUNICIPAL FUND CENTRAL INDEX KEY: 0000837441 IRS NUMBER: 133222131 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-23566 FILM NUMBER: 18843167 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: 3RD FLOOR CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER CALIFORNIA MUNICIPAL FUND DATE OF NAME CHANGE: 19961031 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER CALIFORNIA TAX EXEMPT FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER MULTI-STATE MUNICIPAL TRUST CENTRAL INDEX KEY: 0000853593 IRS NUMBER: 133725974 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-30198 FILM NUMBER: 18843164 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER MULTI-STATE TAX-EXEMPT TRUST DATE OF NAME CHANGE: 19940330 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER PENNSYLVANIA TAX EXEMPT FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER ROCHESTER AMT-FREE NEW YORK MUNICIPAL FUND CENTRAL INDEX KEY: 0000748009 IRS NUMBER: 133222130 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-91683 FILM NUMBER: 18843160 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER AMT FREE NEW YORK MUNICIPALS DATE OF NAME CHANGE: 20031112 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER NEW YORK MUNICIPAL FUND DATE OF NAME CHANGE: 19961031 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER NEW YORK TAX EXEMPT FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER MUNICIPAL FUND CENTRAL INDEX KEY: 0000799102 IRS NUMBER: 363456529 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-08054 FILM NUMBER: 18843163 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER TAX EXEMPT BOND FUND DATE OF NAME CHANGE: 19940330 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER INSURED TAX EXEMPT BOND FUND DATE OF NAME CHANGE: 19921201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER ROCHESTER FUND MUNICIPALS CENTRAL INDEX KEY: 0000093621 IRS NUMBER: 160473255 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-03692 FILM NUMBER: 18843166 BUSINESS ADDRESS: STREET 1: 350 LINDEN OAKS CITY: ROCHESTER STATE: NY ZIP: 14625-2807 BUSINESS PHONE: 7163838700 MAIL ADDRESS: STREET 1: 350 LINDEN OAKS CITY: ROCHESTER STATE: NY ZIP: 14625-2807 FORMER COMPANY: FORMER CONFORMED NAME: ROCHESTER FUND MUNICIPALS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ROCHESTER FUND MUNICIPALS INC DATE OF NAME CHANGE: 19920521 FORMER COMPANY: FORMER CONFORMED NAME: MARTEK INVESTORS INC/NY DATE OF NAME CHANGE: 19860302 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rochester Portfolio Series CENTRAL INDEX KEY: 0000876409 IRS NUMBER: 161399853 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-41511 FILM NUMBER: 18843162 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER LIMITED TERM NEW YORK MUNICIPAL FUND DATE OF NAME CHANGE: 20020930 FORMER COMPANY: FORMER CONFORMED NAME: ROCHESTER PORTFOLIO SERIES DATE OF NAME CHANGE: 19920717

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497 1 sticker.htm

OPPENHEIMER ROCHESTER^® AMT-FREE MUNICIPAL FUND

OPPENHEIMER ROCHESTER^® AMT-FREE NEW YORK MUNICIPAL FUND

OPPENHEIMER ROCHESTER^® CALIFORNIA MUNICIPAL FUND

OPPENHEIMER ROCHESTER^® FUND MUNICIPALS

OPPENHEIMER ROCHESTER^® HIGH YIELD MUNICIPAL FUND

OPPENHEIMER ROCHESTER^® LIMITED TERM CALIFORNIA MUNICIPAL FUND

OPPENHEIMER ROCHESTER^® LIMITED TERM NEW YORK MUNICIPAL FUND

OPPENHEIMER ROCHESTER^® NEW JERSEY MUNICIPAL FUND

OPPENHEIMER ROCHESTER^® PENNSYLVANIA MUNICIPAL FUND

OPPENHEIMER ROCHESTER^® SHORT DURATION HIGH YIELD MUNICIPAL FUND

Supplement dated May 17, 2018 to the Summary Prospectus,

Prospectus, and Statement of Additional Information

This supplement amends the summary prospectus, prospectus, and statement of additional information (“SAI”) 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 summary prospectus, prospectus, and statement of additional information and retain it for future reference.

Effective June 29, 2018, the portfolio managers with respect to each Fund will be realigned such that each Fund will be managed by a single specialized portfolio manager, who will be primarily responsible for the day-to-day management of the Fund’s investments, and will be supported by the Oppenheimer Municipal Fund Management Team. The chart below identifies the portfolio manager for each Fund. All references to the portfolio managers Scott S. Cottier, Troy E. Willis, Mark R. DeMitry, Michael L. Camarella, Charles S. Pulire, and Elizabeth S. Mossow in the summary prospectus, prospectus, and SAI are revised accordingly.

Fund Name	Portfolio Manager as of June 29, 2018
Oppenheimer Rochester AMT-Free Municipal Fund	Troy E. Willis
Oppenheimer Rochester AMT-Free New York Municipal Fund	Michael L. Camarella
Oppenheimer Rochester California Municipal Fund	Mark R. DeMitry
Oppenheimer Rochester Fund Municipals	Troy E. Willis
Oppenheimer Rochester High Yield Municipal Fund	Scott S. Cottier
Oppenheimer Rochester Limited Term California Municipal Fund	Michael L. Camarella
Oppenheimer Rochester Limited Term New York Municipal Fund	Mark R. DeMitry
Oppenheimer Rochester New Jersey Municipal Fund	Elizabeth S. Mossow
Oppenheimer Rochester Pennsylvania Municipal Fund	Charles S. Pulire
Oppenheimer Rochester Short Duration High Yield Municipal Fund	Scott S. Cottier

May 17, 2018

PS0000.194