Mark R. DeMitry, CFA, Vice President and Senior Portfolio Manager

Mark DeMitry, CFA

Vice President and Senior Portfolio Manager

Mark DeMitry, a Vice President and Senior Portfolio Manager of OppenheimerFunds, Inc., joined the Oppenheimer Rochester® municipal investment team in 2000. The Rochester investment team is responsible for the day-to-day management of 15 state-specific municipal bond funds and 5 national municipal bond funds. In its investment selection of bonds for the portfolios, the team employs a bottom-up, value-oriented and security-specific investment style that seeks to produce above-average yields and total returns.

Mr. DeMitry has been involved in the investment management business for more than 10 years. He received a M.B.A. in Finance from Rochester Institute of Technology and a B.S. in Management from Niagara University.

Before joining OppenheimerFunds, Mr. DeMitry was employed in Rochester, New York, at M&T Securities and in the financial services sector of Massachusetts Mutual. Possessing a Chartered Financial Analyst designation since 2004, he is a member of the CFA Institute and a member of the CFA Society of Rochester.

August 2011

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