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Growth, Income AND Diversification?

Highlights

  • Dividend-paying equities may potentially provide both growth and income.
  • Traditional fixed income vehicles can’t compete in this low-rate environment.
  • OppenheimerFunds offers three actively managed, dividend-focused equity funds.

Generating real income in today’s low interest rate environment requires looking beyond traditional fixed income. Dividend-paying equities may help provide attractive yield opportunities while also offering the potential for high total returns and possibly lower levels of volatility than non-dividend payers.

OppenheimerFunds offers three dividend-focused equity funds: Oppenheimer Equity Income Fund (OAEIX), Oppenheimer Dividend Opportunity Fund (OSVAX)1 and Oppenheimer Rising Dividends Fund (OARDX).

These actively managed funds represent a compelling investment opportunity for investors looking to generate attractive yield in a low-rate environment, diversify away from traditional bonds and potentially increase the total return potential of their income allocations.

Access The Growth and Income Potential of Dividends flyer to learn more about how dividends may help investors meet multiple investment goals at the same time.

1. Prior to Dec. 11, 2013, the fund’s name was Oppenheimer Select Value Fund.

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Oppenheimer Equity Income Fund Special Risks: Fixed income investing entails credit and interest rate risks. When interest rates rise, bond prices generally fall, and the Fund’s share prices can fall. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes and geopolitical risks. Value investing involves the risk that undervalued securities may not appreciate as anticipated. Small and mid-sized company stock is typically more volatile than that of larger, more established businesses, as these stocks tend to be more sensitive to changes in earnings expectations. It may take a substantial period of time to realize a gain on an investment in a small or mid-sized company, if any gain is realized at all. Convertible bonds are subject to the additional risk that the market value of the equity or other securities into which they are convertible will never be sufficient to justify conversion, rendering the conversion value of the bonds worthless. Preferred shares are subject to interest rate risk; when interest rates rise, the value of the preferred stock having a fixed dividend rate tends to fall. Preferred shares do not represent a liability of the issuer and, although generally ranking ahead of common stock in a bankruptcy or insolvency, would generally rank behind liabilities of the issuer. There is no guarantee that the issuers of stocks held by mutual funds will declare dividends in the future, or that dividends will remain at their current levels or increase over time.

Oppenheimer Dividend Opportunity Fund Special Risks: Value investing involves the risk that undervalued securities may not appreciate as anticipated. Small and mid-sized company stock is typically more volatile than that of larger, more established businesses, as these stocks tend to be more sensitive to changes in earnings expectations. It may take a substantial period of time to realize a gain on an investment in a small or mid-sized company, if any gain is realized at all. Foreign investments may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes and geopolitical risks. Emerging and developing market investments may be especially volatile. There is no guarantee that the issuers of stocks held by mutual funds will declare dividends in the future, or that dividends will remain at their current levels or increase over time.

Oppenheimer Rising Dividends Fund Special Risks: Investments in securities of growth companies may be volatile. There is no guarantee that the issuers of stocks held by mutual funds will declare dividends in the future, or that dividends will remain at their current levels or increase over time. Derivative instruments whose values depend on the performance of an underlying security, asset, interest rate, index or currency, entail potentially higher volatility and risk of loss compared to traditional stock or bond investments.

 

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com, or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.
225 Liberty Street, New York, NY 10281-1008