0000728889-18-000773.txt : 20180424 0000728889-18-000773.hdr.sgml : 20180424 20180424112933 ACCESSION NUMBER: 0000728889-18-000773 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180424 DATE AS OF CHANGE: 20180424 EFFECTIVENESS DATE: 20180424 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Oppenheimer Global Real Estate Fund CENTRAL INDEX KEY: 0001562689 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-185116 FILM NUMBER: 18770614 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 8011-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 8011-3924 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Oppenheimer Global Value Fund CENTRAL INDEX KEY: 0001405969 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-144517 FILM NUMBER: 18770626 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Oppenheimer International Diversified Fund CENTRAL INDEX KEY: 0001329067 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-125805 FILM NUMBER: 18770620 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Oppenheimer International Growth & Income Fund CENTRAL INDEX KEY: 0001678241 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-212291 FILM NUMBER: 18770618 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER GOLD & SPECIAL MINERALS FUND CENTRAL INDEX KEY: 0000716836 IRS NUMBER: 133155639 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-82590 FILM NUMBER: 18770625 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER GOVERNMENT MONEY MARKET FUND CENTRAL INDEX KEY: 0000074673 IRS NUMBER: 132776909 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-49887 FILM NUMBER: 18770623 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 STREET 2: 14TH FLOOR CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER MONEY MARKET FUND DATE OF NAME CHANGE: 20131003 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER MONEY MARKET FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER MONETARY BRIDGE INC DATE OF NAME CHANGE: 19820307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER GOVERNMENT CASH RESERVES CENTRAL INDEX KEY: 0000836423 IRS NUMBER: 841092434 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-23223 FILM NUMBER: 18770624 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 3037683200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUSCON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER CASH RESERVES DATE OF NAME CHANGE: 20081212 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER CASH RESERVES/CO/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER CASH RESERVES DATE OF NAME CHANGE: 19910502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Oppenheimer International Small-Mid Co Fund CENTRAL INDEX KEY: 0001041102 IRS NUMBER: 133955887 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-31537 FILM NUMBER: 18770616 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 Small-Mid Co Fund DATE OF NAME CHANGE: 20151223 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER INTERNATIONAL SMALL CO FUND DATE OF NAME CHANGE: 19970617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER LIMITED-TERM BOND FUND CENTRAL INDEX KEY: 0000701382 IRS NUMBER: 136811477 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-76645 FILM NUMBER: 18770615 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 U S GOVERNMENT TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER GOVERNMENT TRUST DATE OF NAME CHANGE: 19820623 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER MONEY TRUST DATE OF NAME CHANGE: 19820623 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER GLOBAL STRATEGIC INCOME FUND CENTRAL INDEX KEY: 0000850134 IRS NUMBER: 841120195 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-28598 FILM NUMBER: 18770627 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 STRATEGIC INCOME FUND DATE OF NAME CHANGE: 19980709 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER STRATEGIC FUNDS TRUST DATE OF NAME CHANGE: 19940330 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER STRATEGIC INCOME FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER INTERNATIONAL BOND FUND CENTRAL INDEX KEY: 0000939800 IRS NUMBER: 841308320 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-58383 FILM NUMBER: 18770621 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 3037683200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER INTERNATIONAL EQUITY FUND CENTRAL INDEX KEY: 0000863250 IRS NUMBER: 133572895 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-34720 FILM NUMBER: 18770619 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 INTERNATIONAL VALUE FUND DATE OF NAME CHANGE: 20120329 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER QUEST INTERNATIONAL VALUE FUND DATE OF NAME CHANGE: 20091120 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER QUEST INTERNATIONAL VALUE FUND INC DATE OF NAME CHANGE: 20080805 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER INTERNATIONAL GROWTH FUND CENTRAL INDEX KEY: 0001005728 IRS NUMBER: 133867060 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-00201 FILM NUMBER: 18770617 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER INTEGRITY FUNDS CENTRAL INDEX KEY: 0000701265 IRS NUMBER: 042509354 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-76547 FILM NUMBER: 18770622 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: 3RD FL CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: MASSMUTUAL INTEGRITY FUNDS DATE OF NAME CHANGE: 19910329 FORMER COMPANY: FORMER CONFORMED NAME: MASSMUTUAL LIQUID ASSETS TRUST DATE OF NAME CHANGE: 19880403 0000074673 S000008471 OPPENHEIMER GOVERNMENT MONEY MARKET FUND C000023221 A C000023222 Y 0000701265 S000008824 Oppenheimer Total Return Bond Fund C000024033 A C000024034 B C000024035 C C000024036 R C000024037 Y C000113139 I 0000701265 S000060062 Oppenheimer Global Unconstrained Bond Fund C000196653 A C000196654 C C000196655 I C000196656 R C000196657 T C000196658 Y 0000701265 S000061268 Oppenheimer Preferred Securities and Income Fund C000198412 A C000198413 C C000198414 I C000198415 R C000198416 T C000198417 Y 0000701382 S000008501 OPPENHEIMER LIMITED-TERM BOND FUND C000023339 A C000023340 B C000023341 C C000023342 R C000023343 Y C000129811 I 0000716836 S000007056 OPPENHEIMER GOLD & SPECIAL MINERALS FUND C000019242 A C000019243 B C000019244 C C000019245 R C000096165 Y C000119747 I 0000836423 S000006965 OPPENHEIMER GOVERNMENT CASH RESERVES/CO/ C000019001 A C000019002 B C000019003 C C000019004 R 0000850134 S000008495 OPPENHEIMER GLOBAL STRATEGIC INCOME FUND C000023318 A C000023319 B C000023320 C C000023321 R C000023322 Y C000109886 I 0000863250 S000008472 OPPENHEIMER INTERNATIONAL EQUITY FUND C000023223 A C000023224 B C000023225 C C000023226 R C000069503 Y C000125463 I C000181270 T 0000939800 S000007072 OPPENHEIMER INTERNATIONAL BOND FUND C000019293 A C000019294 B C000019295 C C000019296 R C000019297 Y C000113853 I 0001005728 S000007073 OPPENHEIMER INTERNATIONAL GROWTH FUND C000019299 A C000019300 B C000019301 C C000019302 R C000019303 Y C000112119 I 0001041102 S000007074 OPPENHEIMER INTERNATIONAL SMALL-MID COMPANY FUND C000019305 A C000019306 B C000019307 C C000019308 R C000019309 Y C000109449 I 0001329067 S000008825 Oppenheimer International Diversified Fund C000024038 A C000024039 B C000024040 C C000024041 R C000024042 Y C000117880 I 0001405969 S000019047 Oppenheimer Global Value Fund C000052667 A C000052669 C C000052670 R C000052671 Y C000117825 I 0001562689 S000039726 Oppenheimer Global Real Estate Fund C000123076 A C000123077 C C000123078 I C000123079 R C000123080 Y 0001678241 S000055078 Oppenheimer International Growth & Income Fund C000173276 A C000173277 C C000173278 I C000173279 R C000173280 Y 497 1 supersticker.htm
Oppenheimer Capital Appreciation Fund Oppenheimer Main Street Mid Cap Fund®
Oppenheimer Capital Income Fund Oppenheimer Main Street Small Cap Fund®
Oppenheimer Corporate Bond Fund Oppenheimer Mid Cap Value Fund
Oppenheimer Developing Markets Fund Oppenheimer Portfolio Series: Active Allocation Fund
Oppenheimer Discovery Fund Oppenheimer Portfolio Series: Conservative Investor Fund
Oppenheimer Discovery Mid Cap Growth Fund Oppenheimer Portfolio Series: Equity Investor Fund
Oppenheimer Dividend Opportunity Fund Oppenheimer Portfolio Series: Moderate Investor Fund
Oppenheimer Emerging Markets Innovators Fund Oppenheimer Preferred Securities and Income Fund
Oppenheimer Emerging Markets Local Debt Fund Oppenheimer Real Estate Fund
Oppenheimer Equity Income Fund Oppenheimer Rising Dividends Fund
Oppenheimer Fundamental Alternatives Fund Oppenheimer Rochester® AMT-Free Municipal Fund
Oppenheimer Global Allocation Fund Oppenheimer Rochester® AMT-Free New York Municipal Fund
Oppenheimer Global Fund Oppenheimer Rochester® California Municipal Fund
Oppenheimer Global High Yield Fund Oppenheimer Rochester® Fund Municipals
Oppenheimer Global Multi-Asset Growth Fund Oppenheimer Rochester® High Yield Municipal Fund
Oppenheimer Global Multi-Asset Income Fund Oppenheimer Rochester® Intermediate Term Municipal Fund
Oppenheimer Global Opportunities Fund Oppenheimer Rochester® Limited Term California Municipal Fund
Oppenheimer Global Real Estate Fund Oppenheimer Rochester® Limited Term New York Municipal Fund
Oppenheimer Global Strategic Income Fund Oppenheimer Rochester® Minnesota Municipal Fund
Oppenheimer Global Unconstrained Bond Fund Oppenheimer Rochester® New Jersey Municipal Fund
Oppenheimer Global Value Fund Oppenheimer Rochester® Pennsylvania Municipal Fund
Oppenheimer Gold & Special Minerals Fund Oppenheimer Rochester® Short Duration High Yield Municipal Fund
Oppenheimer Government Cash Reserves Oppenheimer Rochester® Short Term Municipal Fund
Oppenheimer Government Money Market Fund Oppenheimer Senior Floating Rate Fund
Oppenheimer International Bond Fund Oppenheimer Senior Floating Rate Plus Fund
Oppenheimer International Diversified Fund Oppenheimer Small Cap Value Fund
Oppenheimer International Equity Fund Oppenheimer SteelPath MLP Alpha Fund
Oppenheimer International Growth Fund Oppenheimer SteelPath MLP Alpha Plus Fund
Oppenheimer International Growth and Income 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 MLP Energy & Infrastructure Fund
Oppenheimer Limited-Term Government Fund Oppenheimer SteelPath Panoramic Fund
Oppenheimer Macquarie Global Infrastructure Fund Oppenheimer Total Return Bond Fund
Oppenheimer Main Street Fund® Oppenheimer Ultra-Short Duration Fund
Oppenheimer Main Street All Cap Fund® Oppenheimer Value Fund

 

Supplement dated April 24, 2018 to the Prospectus

 

This supplement amends the Prospectus of each of the above-referenced Funds (each, a “Fund”), and is in addition to any other supplements. You should read this supplement in conjunction with the Prospectus and retain it for future reference.

 

1.The appendix to the prospectus titled “Special Sales Charge Arrangements and Waivers” is deleted in its entirety and replaced with the following:

 

Special Sales Charge Arrangements and Waivers

 

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, Class B 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. These waivers and special arrangements may be amended or terminated at any time by a particular fund, the Distributor, OFI Global Asset Management, Inc., and/or OppenheimerFunds, Inc. (referred to in this Appendix as the “Manager”).

Clients of financial intermediaries with self-directed brokerage accounts must check with their financial intermediary to determine if they are eligible for a particular waiver or discount.

Financial intermediary-specific sales charge waivers and/or discounts are implemented and administered by each financial intermediary. Please contact your financial intermediary for more information regarding the sales charge waivers and discounts available to you and to ensure that you understand the steps you must take to qualify for available waivers and discounts. Concessions are not paid by the Distributor unless otherwise noted below.

 

Sales Charge Reductions and Waivers Available Through Merrill Lynch

 

Class A Sales Charge Waivers (Concessions paid by Distributor*)

 

•       Purchases of Class A shares by retirement plans that have any of the following record-keeping arrangements:

1.The record keeping is performed by Merrill Lynch Pierce Fenner & Smith, Inc. (“Merrill Lynch”) on a daily valuation basis for the retirement plan. On the date the plan sponsor signs the record-keeping service agreement with Merrill Lynch, the Plan must have $3 million or more of its assets invested in (a) mutual funds, other than those advised or managed by certain Merrill Lynch investment advisers, as specified by Merrill Lynch (a “Specified Merrill Lynch Investment Adviser”), that are made available under a Service Agreement between Merrill Lynch and the mutual fund’s principal underwriter or distributor, and (b) funds advised or managed by a Specified Merrill Lynch Investment Adviser (the funds described in (a) and (b) are referred to as “Applicable Investments”).
2.The record keeping for the retirement plan is performed on a daily valuation basis by a record keeper whose services are provided under a contract or arrangement between the Retirement Plan and Merrill Lynch. On the date the plan sponsor signs the record keeping service agreement with Merrill Lynch, the plan must have $5 million or more of its assets (excluding assets invested in money market funds) invested in Applicable Investments.
3.The record keeping for a retirement plan is handled under a service agreement with Merrill Lynch and on the date the plan sponsor signs that agreement, the plan has 500 or more eligible employees (as determined by the Merrill Lynch plan conversion manager).

 

* However, that concession will not be paid on purchases of shares in amounts of $1 million or more (including any right of accumulation) by a retirement plan that pays for the purchase with the redemption proceeds of Class C shares of one or more Oppenheimer funds held by the Plan for more than one year.

 

Waivers of Class B and Class C Sales Charges

 

Redemptions of Class B shares held by retirement plans whose records are maintained on a daily valuation basis by Merrill Lynch or an independent record keeper under a contract with Merrill Lynch.

Shareholders purchasing Fund shares through a Merrill Lynch platform or account are 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 Statement of Additional Information.

 

Front-end Sales Load Waivers on Class A Shares available at Merrill Lynch

 

•Employer-sponsored retirement, deferred compensation and employee benefit plans (including health savings accounts) and trusts used to fund those plans, provided that the shares are not held in a commission-based brokerage account and shares are held for the benefit of the plan
•Shares purchased by or through a 529 Plan
•Shares purchased through a Merrill Lynch affiliated investment advisory program
•Shares purchased by third party investment advisors on behalf of their advisory clients through Merrill Lynch’s platform
•Shares of funds purchased through the Merrill Edge Self-Directed platform (if applicable)
•Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund (but not any other fund within the fund family)
•Shares exchanged from Class C (i.e. level-load) shares of the same fund in the month of or following the 10-year anniversary of the purchase date
•Employees and registered representatives of Merrill Lynch or its affiliates and their family members
•Directors or Trustees of the Fund, and employees of the Fund’s investment adviser or any of its affiliates, as described in this prospectus
•Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (known as Rights of Reinstatement)

 

CDSC Waivers on A, B and C Shares available at Merrill Lynch

 

•Death or disability of the shareholder
•Shares sold as part of a systematic withdrawal plan as described in the Fund’s prospectus
•Return of excess contributions from an IRA Account
•Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching age 70½
•Shares sold to pay Merrill Lynch fees but only if the transaction is initiated by Merrill Lynch
•Shares acquired through a right of reinstatement
•Shares held in retirement brokerage accounts, that are exchanged for a lower cost share class due to transfer to certain fee based accounts or platforms (applicable to A and C shares only)

 

Front-end load Discounts Available at Merrill Lynch: Breakpoints, Rights of Accumulation & Letters of Intent

 

•Breakpoints as described in this prospectus.
•Rights of Accumulation (ROA) which entitle shareholders to breakpoint discounts will be automatically calculated based on the aggregated holding of fund family assets held by accounts within the purchaser’s household at Merrill Lynch. Eligible fund family assets not held at Merrill Lynch may be included in the ROA calculation only if the shareholder notifies his or her financial advisor about such assets
•Letters of Intent (LOI) which allow for breakpoint discounts based on anticipated purchases within a fund family, through Merrill Lynch, over a 13-month period of time (if applicable)

 

Class A Sales Charge Waivers Available Through Mass Mutual Retirement Services

 

•Purchases in an OppenheimerFunds-sponsored Rollover IRA held directly with the Transfer Agent by clients of Mass Mutual Retirement Services.

 

Class A Sales Charge Waivers Available to Share Purchases through LPL Financial (“LPL”)

 

•Shares purchased by clients of LPL who are accessing the Oppenheimer funds through LPL’s Mutual Fund Only Platform.

 

Class A Sales Charge Waivers Available at Ameriprise Financial

 

The following information applies to Class A shares purchases if you have an account with or otherwise purchase Fund shares through Ameriprise Financial:

 

Effective June 1, 2018, shareholders purchasing Fund shares through an Ameriprise Financial platform will be eligible for the following Class A front-end sales charge waivers and discounts, which may differ from those disclosed elsewhere in this Fund’s prospectus or SAI.

 

·Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, or SAR-SEPs plans.
·Shares purchased through an Ameriprise Financial investment advisory program (if an Advisory or similar share class for such investment advisory program is not available).
·Shares purchased by third party investment advisors on behalf of their advisory clients through Ameriprise Financial’s platform (if an Advisory or similar share class for such investment advisory program is not available).
·Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same Fund (but not any other fund within the same fund family).
·Shares exchanged from Class C shares of the same fund in the month of or following the 10-year anniversary of the purchase date. To the extent that this prospectus elsewhere provides for a waiver with respect to such shares following a shorter holding period, that waiver will apply to exchanges following such shorter period. To the extent that this prospectus elsewhere provides for a waiver with respect to exchanges of Class C shares for load waived shares, that waiver will also apply to such exchanges.
·Employees and registered representatives of Ameriprise Financial or its affiliates and their immediate family members.
·Shares purchased by or through qualified accounts (including IRAs, Coverdell Education Savings Accounts, 401(k)s, 403(b) TSCAs subject to ERISA and defined benefit plans) that are held by a covered family member, defined as an Ameriprise financial advisor and/or the advisor’s spouse, advisor’s lineal ascendant (mother, father, grandmother, grandfather, great grandmother, great grandfather), advisor’s lineal descendant (son, step-son, daughter, step-daughter, grandson, granddaughter, great grandson, great granddaughter) or any spouse of a covered family member who is a lineal descendant.
·Shares purchased from the proceeds of redemptions within the same fund family, provided (1) the repurchase occurs within 90 days following the redemption, (2) the redemption and purchase occur in the same account, and (3) redeemed shares were subject to a front-end or deferred sales load (i.e. Rights of Reinstatement).

 

Class A Front-End Sales Charge Waivers Available at Morgan Stanley Wealth Management

 

Effective July 1, 2018, shareholders purchasing the Oppenheimer Fund shares through a Morgan Stanley Wealth Management transactional brokerage account will be eligible only for the following front-end sales charge waivers with respect to Class A shares, which may differ from and may be more limited than those disclosed elsewhere in this Fund’s Prospectus or SAI.

 

  • Employer-sponsored retirement plans (e.g., 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans). For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans
  • Morgan Stanley employee and employee-related accounts according to Morgan Stanley’s account linking rules
  • Shares purchased through reinvestment of dividends and capital gains distributions when purchasing shares of the same fund
  • Shares purchased through a Morgan Stanley self-directed brokerage account
  • Class C (i.e., level-load) shares that are no longer subject to a contingent deferred sales charge and are converted to Class A shares of the same fund pursuant to Morgan Stanley Wealth Management’s share class conversion program
  • Shares purchased from the proceeds of redemptions within the same fund family, provided (i) the repurchase occurs within 90 days following the redemption, (ii) the redemption and purchase occur in the same account, and (iii) redeemed shares were subject to a front-end or deferred sales charge.

 

April 24, 2018 PS0000.192