NEW YORK, June 23, 2015 – OppenheimerFunds, a leader in global asset management, has announced share splits for five of its funds.

“These are core products in the portfolios of many interest rate-sensitive clients,” said Kamal Bhatia, Head of Investment Products and Solutions at OppenheimerFunds. “We are making this change to more closely align the net asset values of these funds with those of their respective peer funds, making it easier for clients and their investors to compare relative fund performance.”

The events are non-taxable and shareholders will be notified via a confirmation statement with a message that explains the change. The funds’ new NAVs will be effective with the close of business on the following dates: