Oppenheimer 60th Anniversary - 6

The Right Way to Invest

Success
Story
Throughout its six
decades of creating
and applying innovative
investment strategies,
OppenheimerFunds has
relied on the talented
leaders, experienced
teams, and guiding
principles that collectively
underpin the firm's
success.
Combined with the four
key principles that have
shaped the firm's direction - Make Global
Connections, Look to the
Long Term, Take Intelligent Risks, Invest with
Experience - the people
of OppenheimerFunds
have together told a story
of growth and service that
has spanned 60 years.
This client-facing fact
sheet offers an overview
of those principles along
with a summary of essential facts about the firm.

clients that range from institutions to
At OppenheimerFunds, we are dedicated to serving the needs of
may change, we believe The Right Way
financial advisors working with individual investors. While markets
but important principles:
to Invest for our clients remains constant. It is rooted in four simple,
OppenheimerFunds
* Founded in 1959.
* Manages more than
$246.2 billion for investors
(as of September 30, 2018).
* Staffed by a little over 2,000
employees, including 172
investment professionals.
* Offices in New York, Dallas,
Denver, London, Rochester
and Seattle.
* Serves financial advisors
and individual investors,
Primary
Office
s
small businesse
as well as
Locations
s.
and institution
New York,ts
New
York
in every
* Offers investmen
225 Liberty both
major asset class, Street
New York, NY 10281
traditional and alternatives.
Phone: 212 323 0200

Fax: 212
912 6448 ual,
of MassMut
* A subsidiary
one of the largest and most
Dallas, Texas
compainsurance
respected
2100
McKinney Avenue,
United
nies in the
Suite
1401 States.
Dallas, TX 75201
Phone: 214 740 6040
Fax: 214 740 6041
Denver, Colorado
6801 South Tucson Way
Centennial, CO 80112
Phone: 303 799 9977
Fax: 303 799 0524
London, England
Octagon Point, St. Paul's
5 Cheapside, Suite 602
London EC2V 6AA
Rochester, New York
350 Linden Oaks
Rochester, NY 14625
Phone: 585 383 1300
Fax: 585 383 8157
Seattle, Washington
2001 6th Ave, Suite 6310
Seattle, WA 98121
Phone: 866 769 2773
Fax: 206 343 2117

Visit Us
oppenheimerfunds.com
Call Us
800 225 5677
Follow Us

Take Intelligent Risks
A Broad Range of Investm
ent Capabilities

Make Global Connections

We recognize that investment rewards are rarely
OppenheimerFunds understands the interconnectachieved without using risk in an intelligent way.
proven
a
has
and
markets
worldwide
of
edness
Equity
ding of risk dynamics helps
understan
Our deepFixed
Income
from
ities
opportun
history of finding rewarding
portfolios in line with
manage
to
seek
we
as
us
Global
Equity
Global Fixed Income
across the globe for investors.
ons.
The among
Global Equity
clients' expectati
Team believes
for
long-term
investing,
pioneers
Our Global
Fixed Income Investment Teams seek
the industry's
* We stand
modeling
and risk
analysisreturns
structural growth, and bottom-up
ry scenario
selection
* Proprieta
to generate
competitive
income
fixedstock
and income streams
establishing global equity, global
on and
provide the proper framework for generating sustainwith insights
managers
portfolio
by our
actively
managing
the
provide
interest
rate,
credit
.
strategies
alternative
global
and able, long-term outperformance.
security
s andfound
currencyin
risks,
andcondition
opportunities
market
across
changes
how
1969.
in
fund
global
first
* We launched our
developed
andimpact
emerging
global .debt markets.
portfolios
tals may
fundamen
Markets
$120 billion in
Equity
more than
we oversee
* Today,Emerging
work closely with each investanalysts
Markets
* Our risk
invests.1in excepstrategies
U.S.
Fixed Income
equityTeam
marketEquity
emerging
andEmerging
globalThe
d at
considere
tional companies, regardless of sector or geographic
that risk
to ensure
team
ment Our
U.S.
Debt Teams
seekisto
identify attractively
location, whose prospects are being driven by
t process.
valued
of the investmen
opportunities
stage
in
the
U.S.
every
Government
and
Term
Long
the
Look tostructural
growth. Such companies are scarce * The risk
of the via portfolio
credit
entvolatility
markets
while
mitigating
independ
remains
team
managed ports offers actively
imerFund
Oppenhe
and
have sustainable
competitive advantages and
diversification,
in-depth
security
reports
analysis,
Officer
and other
Chief Risk
t team. Our
investmen
to deliver
that seek
solutions
smart beta
folios and
potential
to generate
long-term
alpha.
risk management tools.that our risk analysis
to the firm's CEO to ensure
investors superior returns over the long term.
U.S. Equity
free of conflicts of interest.
and Bond
is objective
Municipal
portfolio turnover ratio for the last
* Our equity
Growth
The Oppenheimer Municipal Fund Management
equity
all
for
89.36%
vs.
48.75%Team seeks out companies
year was
Our Growth
with
Team seeks
to provide
nce investors with solid long-term
2
Experie
Invest with
world.and
funds in the
mutual
sustainable
earnings
established management
total returns that are driven the industry's
by tax-free income.
ities Our investment teams are some ofmainly
future opportun
of seeing
a history
teams.
* We have
By focusing
on high-quality
stocks, the
Our meticulously researched,
broadly
diverse
portfolios
and successful, guiding
most tenured
d: growth
recognize
widely
growth
became
agersmore
aim to
they man
balance
long-term
before
municipal bond portfolios are designed to offer
cycles.
multiple market
throughinvestors
potential with
energy
downside
bonds,
mitigation.
municipal
highly attractive yields that are exempt from
like high-yield
outperour portfolios
56% ofincome
9/30/18,
* As offederal
personal
taxes, and that may also be
infrastruc
Valueture and senior corporate loans.
averages.
group
peer
tar
Mornings
their
formed
exempt
from
state
and
local
Income
personal
income taxes.
Strategic
Global
Our Valueour
Team
employs
fundamental analysis to
* We launched
t
in globalthat have * Lead managers across all of our investmen
identify
attractively
leader
priced
companies
an early
in 1989,
strategy
strategies
potential
Multiaverage
to create compelling value over the
Assetmore than 22 years of
investing.
income
fixedthe
long term.
experienc
industry
Our Multi
Assete.
Team looks across markets to deliver
in our
talent steeped
a deep bench
objective-driven,
* We have
riskoffocused
and dynamically
Core
of our 10 global and
managed
strategiesNine
to investing.
to investors.
Our managers of Core portfolios invest in companiesapproach
that have competitive advantages and the potential emerging market equity portfolio managers
to create value, while also offering a compelling risk/ previously
Alternatives
served as analysts at the firm.
reward profile.

Management: $246.2 billion
UnderSolutions
AssetsBeta

We offer a variety of systematic, data-driven and

r 30, 2018
Septembe
as ofsmart
in Billions,
Assetsfully
transparent
beta strategies. They strive

to source,
$4.7 manage and package different types of
Multi Asset
market beta exposure, while also seeking to deliver
Cash Strategies $3.3
better results than traditional, market-cap-weighted
MLPs $10.3
index vehicles do.
Global Fixed Income $11.2
Senior Loans $16.0

Our Alternative Investment Teams seek to address
portfolio challenges, such as market volatility,
current income and sustained purchasing power,
to complement traditional investment strategies
in investors' portfolios.
Alternatives $3.2
Smart Beta $3.2
U.S. Equity $43.3

$246.2

$5.9may be volatile and involve additional Billion
$45.7
Income
Equitytaxes
Markets foreign
U.S. Fixed
Foreign
investments
expenses and special risks, includingEmerging
currency fluctuations,
and
geopolitical
and developing
$17.9market investments may be especially volatile. These risks are magnified in frontier markets.
Fixed Income
MuniEmerging
Graderisks.
Investment
Investments in securities of growth companies may be volatile. Value investing involves the risk that undervalued securities may not appreciate as
anticipated.
Fixed income
investing
$7.4 entails credit and interest rate risks. When interest rates rise, bond prices generally fall, and a fund's share
Income
Muni Fixed
High Yield
prices can fall. Below-investment-grade ("high yield" or "junk") bonds are more at risk of default and are subject to liquidity risk. Senior loans are
$41.9
al Equity
typically lower rated and may be illiquid investments (which may not have a ready market). A portion of aInternation
municipal bond
fund's distributions
may
Equity
Globalbe
subject$32.4
to tax and may increase taxes for investors subject to the Alternative Minimum Tax (AMT). The Rochester municipal bond funds may
invest significantly in Puerto Rico and other U.S. territories and could be exposed to their local political and economic conditions. Alternative
asset classes may be volatile and are subject to liquidity risk. Investing in MLPs involves additional risks as compared to the risks of investing
in common stock, including risks related to cash flow, dilution and voting rights. Energy infrastructure companies are subject to risks specific
1. As ofto9/30/18.
the
industry orDirect.
sector As
such
as fluctuations in commodity prices, reduced volumes of natural gas or other energy commodities, environmental
of 9/30/18.
Morningstar
2. Source:
Funds, Inc.,
by Oppenheimer
and advised
hazards,
managed
changes
in theAssets
macroeconomic
the total assets
or the regulatory
represents
environment
or extreme
weather.
MLPs may
under Management
trade
less frequently
than larger
30, 2018.
September
3. As ofcompanies
OFI SteelPath,
Institutional,
Global
, Inc., OFIare
Management
due
to
their
smaller
capitalizations.
Global Asset
AdditionalOFI
management
fees
and other expenses
subsidiaries, including
associated
with investing
in MLP funds. An
certain of its investment advisory
and investment
The investment
Enterprise").
the "OFI
(collectively,
LLC
in
ETFs
Advisors,
is
subject
OFI
to
investment
and
risk,
LLC,
including
,
the
possible
loss
Management
of
the
principal
Asset
amount
SNW
invested.
The
alternative
Company,
weighting approach
Trust
Global
OFI
Inc.,employed
in the OFI Enterprise
entities
one or more
by enhance
advised to
bymay
the funds
(i.e., through
using revenues
are managed
thatmeasure),
as avehicles
weighting
whileordesigned
investment
potential
returns,
may
not
be offered
produce
the desired
listed
strategies
separate
and
companies
partnerships,
results.
Because
thevariable
trusts,
funds are
rebalanced
quarterly,
investment
portfolio
turnover
collective
maylimited
exceed
trusts,
100%. The limited
greaterliability
insurance
theemployed
portfolio by
turnover,
the greater the
funds,
mutual
including
other subsidiaries
dually
services may
transaction costs, which
could
trading and other
an adverse
advisory,
effect on
fund performance.
that provide
Diversification
personnel
doesbenot
Inc.have
guarantee profit
Funds,
or
protect
against
loss.
accounts. Oppenheimer
fee
and
minimums
investment
vehicle has its own investor qualifications,
Each investment
services.
similarare
to providefunds
OFI Enterprise
in the
Shares
of Oppenheimer
not deposits
or obligations
of any bank, are not guaranteed by any bank, are not insured by the
for all investors.
be appropriate
may notinvestment
vehicles
investment
Certain
schedule.
FDIC or
any other
agency
and involve
risks, including the possible loss of the principal amount invested.
assets under management due to rounding.
to the total
upgeneral
not addfor
above may
chartmaterial
TheThis
is provided
and educational purposes only, is not intended to provide legal or tax advice, and is not for use to avoid
penalties that may be imposed under U.S. federal tax laws. OppenheimerFunds is not undertaking to provide impartial investment advice or to
provide advice in a fiduciary capacity. Contact your attorney or other advisor regarding your specific legal, investment or tax situation.

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
© 2018 OppenheimerFunds Distributor, Inc. All rights reserved.
DS0001.481.1018 October 22, 2018

6 * The Right Way to Invest: 60 Years of OppenheimerFunds

Oppenheimer 60th Anniversary

Table of Contents for the Digital Edition of Oppenheimer 60th Anniversary