Year-End Tax Tables. Year-End Tax Tables Applicable to Form 1042-S (Foreign Shareholders)

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1 Year-End Tax Tables This document contains general information to assist you in completing your 2015 tax returns. You should consult your tax advisor to determine the appropriate use of these tables. Year-End Tax Tables Applicable to Form 1099-DIV Page 2 Qualified Dividend Income Page 3 Return of Capital Page 4 Exempt Interest Income and Private Activity Bond Interest for Alternative Minimum Tax Page 5 Foreign Taxes Paid Form 1116 Page 6 Dividend Received Deduction for Corporations Page 7 U.S. Government Securities for State Taxes Page 8-10 Municipal Bonds State Grid for State Taxes Page 11 Unrecaptured Section 1250 Gain Year-End Tax Tables Applicable to Form 1042-S (Foreign Shareholders) Page 12 Qualified Interest Income and Qualified Short Term Capital Gains Shares of Oppenheimer Funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested. This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice, or to avoid penalties that may be imposed under U.S. federal tax laws. 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 CALL OPP ( ). Read prospectuses and summary prospectuses carefully before investing. OppenheimerFunds are distributed by OppenheimerFunds Distributor, Inc. 225 Liberty Street, New York, NY OppenheimerFunds Distributor, Inc. All rights reserved.

2 2015 Qualified Dividend Income This table is used primarily by payees that are not eligible to receive a Form 1099-DIV. Use this table to figure the amount of your taxable dividends that are qualified dividends eligible for reduced tax rates. This is the percentage of Box 1a Ordinary Dividends that is reported in Box 1b Qualified Dividends on Form 1099-DIV. Box 1a Ordinary Dividends includes taxable dividends, short term capital gains, and any foreign tax gross up. It does not include return of capital which is reported in Box 3 of Form 1099-DIV. Fund Qualified Dividend Income Oppenheimer Capital Appreciation Fund % Oppenheimer Capital Income Fund % Oppenheimer Developing Markets Fund % Oppenheimer Dividend Opportunity Fund % Oppenheimer Equity Fund % Oppenheimer Equity Income Fund % Oppenheimer Fundamental Alternatives Fund % Oppenheimer Global Allocation Fund % Oppenheimer Global Fund % Oppenheimer Global High Yield Fund % Oppenheimer Global Multi Strategies Fund % Oppenheimer Global Multi-Alternatives Fund % Oppenheimer Global Multi-Asset Growth Fund % Oppenheimer Global Multi-Asset Income Fund % Oppenheimer Global Opportunities Fund % Oppenheimer Global Real Estate Fund % Oppenheimer Global Strategic Income Fund % Oppenheimer International Diversified Fund % Oppenheimer International Growth Fund % Oppenheimer International Small-Mid Company Fund % Oppenheimer International Value Fund % Oppenheimer Main Street Fund % Oppenheimer Main Street Mid Cap Fund % Oppenheimer Main Street Select Fund % Oppenheimer Main Street Small Cap Fund % Oppenheimer Mid Cap Value Fund % Oppenheimer Portfolio Series: Active Allocation Fund % Oppenheimer Portfolio Series: Conservative Investor Fund % Oppenheimer Portfolio Series: Equity Investor Fund % Oppenheimer Portfolio Series: Moderate Investor Fund % Oppenheimer Real Estate Fund % Oppenheimer Rising Dividends Fund % Oppenheimer Senior Floating Rate Fund % Oppenheimer Value Fund % 1. Prior to 12/29/15, the Fund was named Oppenheimer International Small Company Fund. 2. Prior to 9/1/15, the Fund was named Oppenheimer Small- & Mid- Cap Value Fund. 2

3 2015 Return of Capital Return of capital is a distribution from a fund not attributable to the Fund's earnings. It generally occurs when a Fund's distributions during a fiscal year exceed current earnings and profits as defined in IRS regulations. Fund distributions are paid based on earnings as defined by SEC accounting standards, which may differ from how the IRS defines earnings. This table is used primarily by payees that are not eligible to receive a Form 1099-DIV. Multiply the amount of taxable dividends (including short term capital gains) times the return of capital rate below. This is your amount of return of capital for 2015 reported to you in Box 3 of your 1099-DIV. After subtracting this return of capital from your taxable dividends (including short term capital gains) anything that is left is an ordinary dividend which would be reported to you in Box 1a on Form 1099-DIV. Fund Return of Capital 1 Oppenheimer Emerging Markets Local Debt Fund % Oppenheimer Global Strategic Income Fund % Oppenheimer International Bond Fund % Oppenheimer SteelPath MLP Alpha Fund % Oppenheimer SteelPath MLP Alpha Plus Fund % Oppenheimer SteelPath MLP Income Fund % Oppenheimer SteelPath MLP Select 40 Fund % 1. This rate may vary from the rate reported on Form 8937 under Organizational Actions at oppenheimerfunds.com/taxcenter. The rate reported on Form 8937 is calculated as of fiscal year end of the fund. The rate reported in this table is for the calendar year. 3

4 2015 Exempt Interest Income and Private Activity Bond Interest - for Alternative Minimum Tax We are required to calculate and report the amount of exempt interest income subject to the alternative minimum tax (AMT). The table below reports the percentages of your tax-exempt dividends that should be treated as a tax preference item. If you are subject to the federal alternative minimum tax, use this percentage to determine what portion of your tax-exempt dividends is subject to this tax. Additionally, municipal bonds purchased (by an individual or a mutual fund) in the secondary market at a discount and then sold at a higher price can be subject to treatment as ordinary income pursuant to the IRS s Market Discount Rule. Use the Taxable Income table to determine the percentage of total exempt interest dividends that are taxable and reported in Box 1a on Form 1099-DIV. The Tax Increase Prevention and Reconciliation Act of 2005 requires all interest paid on tax-exempt bonds and exempt-interest dividends from a mutual fund be reported to the IRS. Exempt-interest dividend amounts less than $10 are not reported to the IRS. However, if taxes were held, you will receive tax reporting on it. Some states do not tax mutual fund dividends derived from interest earned on state or municipal securities. To find the percentage of dividends attributed to specific state or municipal securities, see the Municipal Bonds State Grid. Fund Taxable Income 1 Alternative Minimum Tax 2 Oppenheimer Rochester AMT-Free Municipal Fund % % Oppenheimer Rochester AMT-Free New York Municipal Fund % % Oppenheimer Rochester Arizona Municipal Fund % % Oppenheimer Rochester California Municipal Fund % % Oppenheimer Rochester Fund Municipals % % Oppenheimer Rochester High Yield Municipal Fund % % Oppenheimer Rochester Intermediate Term Municipal Fund % % Oppenheimer Rochester Limited Term California Muni Fund % % Oppenheimer Rochester Limited Term Municipal Fund % % Oppenheimer Rochester Limited Term New York Municipal Fund % % Oppenheimer Rochester Maryland Municipal Fund % % Oppenheimer Rochester Massachusetts Municipal Fund % % Oppenheimer Rochester Michigan Municipal Fund % % Oppenheimer Rochester Minnesota Municipal Fund % % Oppenheimer Rochester New Jersey Municipal Fund % % Oppenheimer Rochester North Carolina Municipal Fund % % Oppenheimer Rochester Ohio Municipal Fund % % Oppenheimer Rochester Pennsylvania Municipal Fund % % Oppenheimer Rochester Short Term Municipal Fund % % Oppenheimer Rochester Virginia Municipal Fund % % 1. This is the percentage of total dividends that are taxable and reported in Box 1a on Form 1099-DIV. What is left of your dividends would be considered exempt-interest dividends reported in Box 10 on Form 1099-DIV. 2. This is the percentage of total exempt-interest dividends subject to AMT as specified private activity bond interest and reported in Box 11 on Form 1099-DIV. 4

5 2015 Foreign Taxes Paid Regulated Investment Companies ("RICs") that invest in foreign securities can elect to pass credit for taxes paid to foreign governments on to their shareholders. This permits you to take a federal income tax credit or a deduction from gross income at your option, for foreign taxes paid by the fund. Your proportionate share of the foreign taxes paid by the fund is shown in Box 6 of Form 1099-DIV. Since foreign taxes are treated as gross income, this amount is also included in Box 1a of your Form 1099-DIV. The table summarizes the Taxes Paid per Share and the Foreign Source Income on the following Oppenheimer funds. The information is provided to help you calculate your foreign tax credit if you are required to file IRS Form Country-by-country reporting of income is no longer required on mutual fund distributions. Fund Foreign Tax Paid Per Share % of Box 1a Form DIV representing foreign source income Oppenheimer Developing Markets Fund $ % Oppenheimer Global Fund $ % Oppenheimer Global Opportunities Fund $ % Oppenheimer International Diversified Fund $ % Oppenheimer International Growth Fund $ % Oppenheimer International Small-Mid Company Fund 1 $ % Oppenheimer International Value Fund $ % Oppenheimer Portfolio Series: Active Allocation Fund $ % Oppenheimer Portfolio Series: Conservative Investor Fund $ % Oppenheimer Portfolio Series: Equity Investor Fund $ % Oppenheimer Portfolio Series: Moderate Investor Fund $ % 1. Prior to 12/29/15, the Fund was named Oppenheimer International Small Company Fund. 5

6 2015 Corporate Dividend Received Deduction (DRD) - for Corporations U.S. corporations may exclude 70% of certain dividends they receive from other domestic corporations of which they own less than 20%. Accordingly, corporate mutual fund shareholders may exclude a portion of the ordinary dividend received from mutual fund investments to the same extent the fund receives certain domestic dividends. The percentage below reflects the amount of the dividend received by the corporation that may be eligible for this 70% deduction. Fund DRD Rate Oppenheimer Capital Appreciation Fund 100% Oppenheimer Capital Income Fund 20.89% Oppenheimer Developing Markets Fund 1.16% Oppenheimer Dividend Opportunity Fund 100% Oppenheimer Equity Fund 100% Oppenheimer Equity Income Fund 45.77% Oppenheimer Fundamental Alternatives Fund 92.61% Oppenheimer Global Allocation Fund 28.32% Oppenheimer Global Fund 65.99% Oppenheimer Global High Yield Fund 0.4% Oppenheimer Global Multi Strategies Fund 0.84% Oppenheimer Global Multi-Alternatives Fund 17.82% Oppenheimer Global Multi-Asset Growth Fund 24.49% Oppenheimer Global Multi-Asset Income Fund 6.68% Oppenheimer Global Opportunities Fund 69.13% Oppenheimer Global Strategic Income Fund 0.26% Oppenheimer International Diversified Fund 0.13% Oppenheimer International Value Fund 1.22% Oppenheimer Main Street Fund 98.78% Oppenheimer Main Street Mid Cap Fund 68.72% Oppenheimer Main Street Select Fund 100% Oppenheimer Main Street Small Cap Fund 100% Oppenheimer Mid Cap Value Fund 100% Oppenheimer Portfolio Series: Active Allocation Fund 57.92% Oppenheimer Portfolio Series: Conservative Investor Fund 16.89% Oppenheimer Portfolio Series: Equity Investor Fund 74.43% Oppenheimer Portfolio Series: Moderate Investor Fund 47.67% Oppenheimer Real Estate Fund 0.21% Oppenheimer Rising Dividends Fund 100% Oppenheimer Senior Floating Rate Fund 0.25% Oppenheimer Value Fund 100% Oppenheimer SteelPath MLP Alpha Fund, Oppenheimer SteelPath MLP Income Fund, Oppenheimer SteelPath MLP Select 40 Fund, and Oppenheimer SteelPath MLP Alpha Plus Fund are structured as C Corporations. They do not pass through a Dividend Received Deduction attribute but instead are eligible for the Dividend Received Deduction as a direct investment. Please consult your tax advisor for more information. 6

7 2015 U.S. Government Securities - for State Taxes U.S. Government securities generate income that is fully taxable at the federal income tax level but may be tax exempt at the state income tax level. As a result, any distributions you receive from funds participating in U.S. Government securities are included as taxable income on your IRS Form 1099-DIV Box 1a. To find out if the income distributed by U.S. Government securities in your Oppenheimer funds is exempt from state income taxes, first consult your tax advisor. If this exemption applies in your state, you are ready to use the table below. If these dividends are not taxable in your state, you can use the table to determine how much of your distribution might be exempt from state income tax. The table lists every Oppenheimer fund that distributed income attributable to U.S. Treasury and Agency securities. It also lists the type of security that generated the income. Finally, it lists what percentage of the income distributed by each fund was attributable to these various types of U.S. Government securities. Simply find the Oppenheimer fund in which you invested and for which you received an IRS Form 1099-DIV and multiply the amount of taxable income indicated on that form in Box 1a by the appropriate percentage shown on this U.S. Government table. The resulting number will be the amount of distribution that may be exempt from income tax in the state where you reside. Fund Federal Home Loan Bank Federal Home Loan Mortgage Corporation Federal National Mortgage Association Government National Mortgage Association U.S. Treasury Notes & Bonds Other Investments Oppenheimer Capital Income Fund.80% 9.10% 1.60%.10% 88.40% Oppenheimer Core Bond Fund 3.20% 21.00% 2.80%.20% 72.80% Oppenheimer Global Allocation Fund 3.20% 96.80% Oppenheimer Global Multi Strategies Fund.20%.30% 99.50% Oppenheimer Global Multi-Alternatives Fund.10%.10% 99.80% Oppenheimer Global Multi-Asset Growth Fund 7.80% 92.20% Oppenheimer Global Multi-Asset Income Fund.10%.80%.10% 99.00% Oppenheimer Global Strategic Income Fund.60% 2.20%.40%.50% 96.30% Oppenheimer Limited-Term Bond Fund 4.90% 15.10% 2.10% 1.30% 76.60% Oppenheimer Limited-Term Government Fund.20% 21.80% 47.80% 5.20% 19.90% 5.10% Oppenheimer Portfolio Series: 1.70% 6.60%.80% 1.10% 89.80% Active Allocation Fund Oppenheimer Portfolio Series: 4.50% 16.90% 2.10% 2.80% 73.70% Conservative Investor Fund Oppenheimer Portfolio Series: 3.30% 12.20% 1.50% 2.00% 81.00% Moderate Investor Fund Oppenheimer Ultra-Short Duration Fund.40% 1.10% 98.50% 7

8 2015 State Income Information The tables below are a state-by-state summary of the sources of municipal interest from which dividends were paid by certain Oppenheimer municipal funds during The percentages shown reflect, for each fund, the portion of dividends attributable to income the fund earned on securities issued by each state or municipality thereof. Whether your dividends were reinvested or taken in cash, they are free of federal income taxation. This summary is sent each year, and we suggest that you keep it for future reference. Depending upon the tax laws of your state, you may find it helpful when preparing your state or local tax returns. OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ARIZONA CALIFORNIA LIMITED TERM MARYLAND MASSACHUSETTS MICHIGAN MINNESOTA NEW JERSEY AMT-FREE MUNICIPAL MUNICIPAL CALIFORNIA MUNICIPAL MUNICIPAL MUNICIPAL MUNICIPAL MUNICIPAL NEW YORK FUND FUND MUNICIPAL FUND FUND FUND FUND FUND MUNICIPAL FUND FUND ALABAMA ALASKA ARIZONA 61.2% ARKANSAS CALIFORNIA 83.3% 74.0% COLORADO CONNECTICUT DELAWARE FLORIDA GEORGIA HAWAII IDAHO ILLINOIS INDIANA IOWA KANSAS KENTUCKY LOUISIANA MAINE MARYLAND 29.2% MASSACHUSETTS 55.8% MICHIGAN 70.6% MINNESOTA 95.7% MISSISSIPPI MISSOURI MONTANA NEBRASKA NEVADA NEW HAMPSHIRE NEW JERSEY 60.4% NEW MEXICO NEW YORK 1.9% 72.6% NORTH CAROLINA NORTH DAKOTA OHIO OKLAHOMA OREGON PENNSYLVANIA RHODE ISLAND SOUTH CAROLINA SOUTH DAKOTA TENNESSEE TEXAS UTAH VERMONT VIRGINIA WASHINGTON WEST VIRGINIA WISCONSIN WYOMING DIST. OF COLUMBIA AMERICAN SAMOA GUAM 0.7% 0.3% 0.4% 3.6% 4.0% 0.1% 0.3% PUERTO RICO 37.9% 16.0% 25.5% 63.5% 39.0% 29.4% 4.3% 35.6% 27.0% VIRGIN ISLANDS 0.2% 0.1% 0.1% 1.2% 1.2% 0.4% NORTHERN MARIANA ISLES 0.3% 2.5% 1.6% 0.1% TOTAL 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% INDIANA RESIDENTS % 16.7% 44.8% 6.6% 18.5% 12.3% 38.4% 26.0% 15.5% 1. Indiana Residents - Multiply the above percentage by total ordinary distributions received to arrive at the Out of State (OOS) municipal obligation interest add-back. Interest earned from a direct obligation of a state or political subdivision other than Indiana is taxable by Indiana if the obligation was acquired after December 31, The above percentage represents income earned on OOS municipal obligations purchased after December 31, Interest earned from obligations of Puerto Rico, Guam, Virgin Islands, American Samoa or Northern Mariana Isles, is not included in the percentage as it is tax exempt for Federal and Indiana state tax purposes. 8

9 2015 State Income Information continued OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER OPPENHEIMER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER ROCHESTER LIMITED TERM FUND NORTH CAROLINA OHIO PENNSYLVANIA VIRGINIA AMT-FREE LIMITED TERM HIGH YIELD NEW YORK MUNICIPALS MUNICIPAL MUNICIPAL MUNICIPAL MUNICIPAL MUNICIPAL MUNICIPAL MUNICIPAL MUNICIPAL FUND FUND FUND FUND FUND FUND FUND FUND ALABAMA 2.6% 1.3% 2.2% ALASKA 0.4% ARIZONA 2.3% 1.3% 1.4% ARKANSAS 0.1% 0.1% CALIFORNIA 16.3% 9.9% 16.2% COLORADO 0.9% 0.5% 2.5% CONNECTICUT 0.3% 0.1% 0.2% DELAWARE 0.2% 0.1% FLORIDA 8.7% 5.7% 7.1% GEORGIA 0.7% 1.1% 1.0% HAWAII 0.4% 0.1% IDAHO 0.1% ILLINOIS 8.9% 13.7% 5.6% INDIANA 0.8% 1.5% 0.2% IOWA 0.1% 1.3% KANSAS 0.1% 0.2% 0.1% KENTUCKY 0.3% 0.2% LOUISIANA 1.6% 1.1% MAINE 0.4% 0.3% MARYLAND 0.1% 0.1% MASSACHUSETTS 0.4% 0.7% 0.9% MICHIGAN 4.9% 4.0% 3.4% MINNESOTA 0.1% 0.1% 0.4% MISSISSIPPI 0.1% 1.3% 0.5% MISSOURI 2.6% 1.2% 1.4% MONTANA 0.6% 0.1% NEBRASKA 0.6% 0.4% NEVADA 0.9% 0.9% 0.1% NEW HAMPSHIRE 2.3% NEW JERSEY 0.8% 0.9% 4.5% NEW MEXICO 0.1% 0.2% NEW YORK 56.3% 66.1% 1.4% 4.6% 7.0% NORTH CAROLINA 50.5% 0.3% 0.1% NORTH DAKOTA OHIO 76.8% 12.8% 6.0% 9.5% OKLAHOMA 0.7% 0.1% 0.1% OREGON 0.1% PENNSYLVANIA 51.3% 0.9% 2.8% 0.6% RHODE ISLAND 0.7% 2.0% 0.4% SOUTH CAROLINA 0.5% 0.4% SOUTH DAKOTA 0.1% TENNESSEE 0.3% 0.3% 0.4% TEXAS 3.5% 4.0% 7.1% UTAH 0.1% 0.5% VERMONT 0.3% VIRGINIA 53.8% 2.4% 0.4% 1.5% WASHINGTON 2.1% 0.3% 1.0% WEST VIRGINIA 0.2% 0.7% WISCONSIN 0.8% 1.1% 0.3% WYOMING 0.5% DIST. OF COLUMBIA 3.2% 1.1% 3.8% 3.7% AMERICAN SAMOA GUAM 0.8% 0.2% 6.0% 1.1% 0.6% 0.8% PUERTO RICO 42.4% 32.9% 41.1% 21.6% 46.2% 40.2% 14.8% 27.1% 15.5% VIRGIN ISLANDS 0.5% 0.1% 0.3% 0.2% 1.3% NORTHERN MARIANA ISLES 0.7% 2.1% 0.3% 0.6% 2.0% 0.3% TOTAL 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% INDIANA RESIDENTS % 9.6% 23.8% 21.9% 10.4% 14.0% 15.4% 35.9% 19.9% 1. Indiana Residents - Multiply the above percentage by total ordinary distributions received to arrive at the Out of State (OOS) municipal obligation interest add-back. Interest earned from a direct obligation of a state or political subdivision other than Indiana is taxable by Indiana if the obligation was acquired after December 31, The above percentage represents income earned on OOS municipal obligations purchased after December 31, Interest earned from obligations of Puerto Rico, Guam, Virgin Islands, American Samoa or Northern Mariana Isles, is not included in the percentage as it is tax exempt for Federal and Indiana state tax purposes. 9

10 2015 State Income Information continued OPPENHEIMER OPPENHEIMER ROCHESTER ROCHESTER SHORT TERM INTERMEDIATE TERM MUNICIPAL MUNICIPAL FUND FUND ALABAMA 5.1% 1.1% ALASKA 0.3% ARIZONA 1.0% 3.2% ARKANSAS 0.2% CALIFORNIA 20.2% 23.4% COLORADO 2.1% 0.7% CONNECTICUT 0.1% DELAWARE FLORIDA 1.3% 4.9% GEORGIA 0.8% 1.7% HAWAII IDAHO ILLINOIS 19.9% 7.4% INDIANA 0.7% 0.7% IOWA 0.1% 0.2% KANSAS KENTUCKY 0.7% 0.7% LOUISIANA 0.8% 2.0% MAINE MARYLAND 0.3% 1.5% MASSACHUSETTS 0.7% 1.7% MICHIGAN 8.5% 5.8% MINNESOTA 0.7% 0.3% MISSISSIPPI 1.0% 1.9% MISSOURI 1.1% 1.4% MONTANA NEBRASKA NEVADA 1.2% 1.0% NEW HAMPSHIRE NEW JERSEY 3.1% 4.0% NEW MEXICO 0.8% NEW YORK 5.8% 5.4% NORTH CAROLINA 0.1% 0.2% NORTH DAKOTA 0.1% OHIO 1.9% 3.4% OKLAHOMA 0.4% OREGON 0.4% 0.6% PENNSYLVANIA 5.3% 5.3% RHODE ISLAND 0.7% 0.8% SOUTH CAROLINA 1.2% SOUTH DAKOTA 0.1% 0.7% TENNESSEE 0.4% 1.0% TEXAS 3.4% 7.7% UTAH VERMONT 0.2% 2.3% VIRGINIA 0.1% WASHINGTON 1.3% 0.8% WEST VIRGINIA WISCONSIN 0.2% 1.4% WYOMING DIST. OF COLUMBIA 0.3% 0.5% AMERICAN SAMOA GUAM 0.1% PUERTO RICO 9.6% 4.0% VIRGIN ISLANDS NORTHERN MARIANA ISLES TOTAL 100.0% 100.0% INDIANA RESIDENTS1 85.7% 82.0% 1. Indiana Residents - Multiply the above percentage by total ordinary distributions received to arrive at the Out of State (OOS) municipal obligation interest add-back. Interest earned from a direct obligation of a state or political subdivision other than Indiana is taxable by Indiana if the obligation was acquired after December 31, The above percentage represents income earned on OOS municipal obligations purchased after December 31, Interest earned from obligations of Puerto Rico, Guam, Virgin Islands, American Samoa or Northern Mariana Isles, is not included in the percentage as it is tax exempt for Federal and Indiana state tax purposes. 10

11 2015 Unrecaptured Section 1250 Gain Use this table to figure the amount of your capital gain distribution that is unrecaptured Section 1250 gain from certain depreciable real property. This is the percentage of Box 2a Capital Gain Distributions from a Regulated Investment Comapny ("RIC") that is reported in Box 2b Unrecaptured Section 1250 Gain on Form 1099-DIV. You may need this information to complete your Schedule D. Fund 1250 Gain Oppenheimer Discovery Mid Cap Growth Fund % Oppenheimer Equity Fund % Oppenheimer Equity Income Fund % Oppenheimer Main Street Fund % Oppenheimer Main Street Mid Cap Fund % Oppenheimer Real Estate Fund % 11

12 2015 QII and QSTCG for Foreign Shareholders If you received a Form 1042-S at year end you may be eligible for a refund from the IRS of tax withholding taken on any amounts of distributions that were qualified interest related dividends (QII) or qualified short term capital gains (QSTCG). - Your Form 1042-S will report to you any ordinary dividends as Income Code 06 or 52 and short term capital gains as Income Code To calculate how much tax withholding may be eligible for a refund from the IRS, take the amount of tax withholding shown on your Form S with Income Code 06 or 52 times the percentage shown in the column titled QII. - If you receive a Form 1042-S with Income Code 36 also reporting tax withholding, then take the amount of tax withholding times the percentage shown in the column titled QSTCG. - If you do not see a fund listed here then it is not eligible for a refund of tax withholding related to qualified interest related dividends or qualified short term capital gains. - You may also receive a Form 1042-S reporting an amount under Income Code 36 with no tax withholding related to distributions of long term capital gains. You do not need this table for those distributions as no tax withholding was taken therefore there is no eligible refund. Consult your tax adviser if you need to file a Form 1040NR or other IRS form to claim your refund. Fund QII QSTCG Oppenheimer Capital Appreciation Fund 0.00% % Oppenheimer Capital Income Fund 53.24% 0.00% Oppenheimer Cash Reserves % 0.00% Oppenheimer Core Bond Fund 81.22% 0.00% Oppenheimer Corporate Bond Fund 70.90% 0.00% Oppenheimer Developing Markets Fund 0.41% 0.00% Oppenheimer Dividend Opportunity Fund 0.04% 0.00% Oppenheimer Emerging Markets Local Debt Fund 25.89% 0.00% Oppenheimer Equity Fund 0.08% 0.00% Oppenheimer Equity Income Fund 12.34% % Oppenheimer Fundamental Alternatives Fund 64.94% 0.00% Oppenheimer Global Allocation Fund 33.65% 0.00% Oppenheimer Global Fund 0.06% % Oppenheimer Global High Yield Fund 74.10% 0.00% Oppenheimer Global Multi Strategies Fund 66.28% % Oppenheimer Global Multi-Alternatives Fund 26.97% 0.00% Oppenheimer Global Multi-Asset Growth Fund 8.47% 0.00% Oppenheimer Global Multi-Asset Income Fund 40.70% 0.00% Oppenheimer Global Opportunities Fund 0.33% 0.00% Oppenheimer Global Real Estate Fund 0.00% % Oppenheimer Global Strategic Income Fund 53.26% 0.00% Oppenheimer Institutional Money Market Fund 98.91% 0.00% Oppenheimer International Bond Fund 9.06% 0.00% Oppenheimer International Diversified Fund 0.14% 0.00% Oppenheimer International Growth Fund 0.13% 0.00% Oppenheimer International Small-Mid Company Fund % 0.00% Oppenheimer International Value Fund 0.69% 0.00% Oppenheimer Limited-Term Bond Fund % 0.00% Oppenheimer Limited-Term Government Fund % 0.00% Oppenheimer Main Street Fund 0.11% % Oppenheimer Main Street Mid Cap Fund 0.27% % Oppenheimer Main Street Select Fund 0.10% 0.00% Oppenheimer Main Street Small Cap Fund 0.07% 0.00% Oppenheimer Mid Cap Value Fund2 0.27% 0.00% Oppenheimer Money Market Fund 74.86% 0.00% Oppenheimer Portfolio Series: Active Allocation Fund 24.60% 0.00% Oppenheimer Portfolio Series: Conservative Investor Fund 53.69% 0.00% Oppenheimer Portfolio Series: Equity Investor Fund 0.08% 0.00% Oppenheimer Portfolio Series: Moderate Investor Fund 68.39% 0.00% Oppenheimer Real Estate Fund 0.02% % Oppenheimer Rising Dividends Fund 0.10% % Oppenheimer Senior Floating Rate Fund % 0.00% Oppenheimer Senior Floating Rate Plus Fund 95.73% 0.00% Oppenheimer Ultra-Short Duration Fund 59.48% 0.00% Oppenheimer Value Fund 0.06% 0.00% Prior to 12/29/15, the Fund was named Oppenheimer International Small Company Fund. 2. Prior to 9/1/15, the Fund was named Oppenheimer Small- & Mid- Cap Value Fund.