Tuesday, April 13, 2010

Oppenheimer Floating Rate Fund (XOSAX)

If you hold Oppenheimer Floating Rate fund in your account you would have received a tender offer for 25% of your shares. Just disregard this notice. No action is necessary.


This was offered to all Oppenheimer investors, but really only has a benefit for those investors subject to a sales charge. As a client of an investment advisor such as me, you never pay any sales charges, even for funds that charge a load to the general public.

Just discard the notice.

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