Michael L. Camarella, CFA, Vice President and Senior Portfolio Manager

Michael Camarella, CFA

Vice President and Senior Portfolio Manager

Michael Camarella, a Vice President and Senior Portfolio Manager of OppenheimerFunds, Inc., joined the Oppenheimer Rochester® municipal investment team in 2003.  The 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, security-specific investment style that seeks to produce above-average yields and total returns. 

Mr. Camarella has been involved in the investment management business for more than 8 years.  He received a M.B.A. in Finance and Corporate Accounting from the William E. Simon Graduate School of Business Administration at the University of Rochester and a B.S. in Management from the State University of New York at Geneseo.

Before joining OppenheimerFunds, Mr. Camarella was employed in Charlotte, North Carolina as an Investment Banking Analyst for Wachovia Securities.  Mr. Camarella is an advisory board member for the Geneseo Student Managed Investment Fund and a member of the Geneseo Business Advisory Council.  Possessing a Chartered Financial Analyst designation since 2007, he is a member of the CFA Institute and a member of the CFA Society of Rochester.

August 2011

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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.

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