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Rising interest rates have many investors concerned about the volatility of bond prices. Short-term municipal bonds can address these risk concerns because they are much less sensitive to changes in interest rates than longer-term bonds.

Oppenheimer Short Term Municipal Bond focuses on investment-grade bonds and seeks to maintain an average effective maturity of two years or less. With an established track record of navigating volatile bond markets, the fund is designed for investors who are seeking attractive returns on a risk-adjusted basis.

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