Year-End Tax Tables This document contains general information to assist you in completing your 2016 tax returns. You should consult your tax advisor to determine the appropriate use of these tables. This information is subject to change. Year-End Tax Tables Applicable to Form 1099-DIV Page 2 Qualified Dividend Income Page 3 Return of Capital Page 4 Taxable/Exempt Interest Income and Private Activity Bond Interest Percentage Page 5 Foreign Taxes Paid Page 6 Corporate Dividend Received Deduction (DRD) Percentage Page 7 U.S. Government Securities Page 8-10 State Income Information Page 11 Unrecaptured Section 1250 Gain Year-End Tax Tables Applicable to Form 1042-S (Foreign Shareholders) Page 12-13 Qualified Interest Income and Qualified Short Term Capital Gains Shares of s 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 funds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. 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. s are distributed by s Distributor, Inc. 225 Liberty Street, New York, NY 10281-1008 2017 s Distributor, Inc. All rights reserved.
2016 Qualified Dividend Income The table below 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. 2 Qualified Dividend Income Capital Appreciation 100.0000% Capital Income 31.6507% Developing Markets 100.0000% Dividend Opportunity 100.0000% Equity 100.0000% Equity Income 100.0000% amental Alternatives 100.0000% Global Allocation 39.0431% Global 100.0000% Global Multi Strategies 1.1760% Global Multi-Alternatives 8.2758% Global Multi-Asset Growth 29.6303% Global Multi-Asset Income 44.3251% Global Opportunities 76.2086% Global Real Estate 3.3034% Global Strategic Income 0.0014% Gold & Special Minerals 8.7580% International Diversified 100.0000% International Equity 1 100.0000% International Growth And Income 100.0000% International Growth 100.0000% International Small-Mid Company 100.0000% Macquarie Global Infrastructure 79.1468% Main Street 100.0000% Main Street Mid Cap 100.0000% Main Street Select 100.0000% Main Street Small Cap 100.0000% Mid Cap Value 100.0000% Portfolio Series: Active Allocation 100.0000% Portfolio Series: Conservative Investor 15.9369% Portfolio Series: Equity Investor 100.0000% Portfolio Series: Moderate Investor 81.7226% Real Estate 2.5125% Rising Dividends 100.0000% Small Cap Value 100.0000% Value 100.0000% 1. Prior to 12/28/16, the was named International Value.
2016 Return of Capital Return of capital is a distribution from a fund not attributable to the 's earnings. It generally occurs when a 's distributions during a fiscal year exceed current earnings and profits as defined in the IRS regulations. 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 ordinary dividends (including short-term capital gains, if any) times the return of capital rate below. Return of Capital 1 Commodity Strategy Total Return 22.2054% Emerging Markets Local Debt 100.0000% Global Strategic Income 8.8183% International Bond 51.7398% SteelPath MLP Alpha 100.0000% SteelPath MLP Alpha Plus 100.0000% SteelPath MLP Income 100.0000% SteelPath MLP Select 40 100.0000% 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
2016 Taxable/Exempt Interest Income and Private Activity Bond Interest Percentage The Taxable Income percentage in the table below may be used to determine the percentage of dividends that are taxable in the funds. The table also reports the percentages of tax-exempt dividends that may be treated as a tax preference item for the alternative minimum tax (AMT). For many shareholders, this information is provided on Form 1099-DIV. Some states do not tax federally tax-exempt dividends. To find the percentage of dividends attributed to specific state or municipal securities, see the State Income Information table. Taxable Income Alternative Minimum Tax AMT-Free 1.9758% 0.0000% AMT-Free New York 1.3639% 0.0000% Arizona 0.8727% 8.0759% California 1.6434% 7.5984% s 1.1821% 18.8488% High Yield 2.3191% 7.2881% Intermediate Term 0.0631% 0.0000% Limited Term California Muni 0.3138% 10.9575% Limited Term 3.8205% 14.8891% Limited Term New York 0.8667% 18.8268% Maryland 3.9909% 0.2230% Massachusetts 0.0663% 12.8740% Michigan 2.8412% 2.3129% Minnesota 2.1988% 6.5689% New Jersey 2.7244% 13.9102% North Carolina 0.3348% 7.7142% Ohio 1.4836% 8.5880% Pennsylvania 0.4243% 6.0772% Short Term 0.0666% 0.6900% Virginia 5.1386% 2.3508% 4
2016 Foreign Taxes Paid Mutual funds that invest in foreign securities and meet certain requirements can elect to pass certain foreign taxes paid through to their shareholders. This permits shareholders to take a federal income tax credit or a deduction from gross income at their discretion. For many shareholders, this information is provided on Form 1099-DIV. The table summarizes the Foreign Taxes Paid per share and the Foreign Source Gross Income Percentage for each fund making the election. Country-by-country reporting of income is no longer required on mutual fund distributions. Foreign Source Foreign Tax Gross Paid Income Percentage 1 Developing Markets $0.0563 98.2375% Global $0.1060 72.0391% Gold & Special Minerals $0.0080 7.3007% International Diversified $0.0298 100.0000% International Equity 2 $0.0450 78.9867% International Growth $0.0627 96.8178% International Small-Mid Company $0.0472 90.6994% Macquarie Global Infrastructure $0.0095 32.9360% Portfolio Series: Active Allocation $0.0071 32.2325% Portfolio Series: Conservative Investor $0.0008 2.9748% Portfolio Series: Equity Investor $0.0145 47.6444% Portfolio Series: Moderate Investor $0.0032 11.6394% 1. Foreign Source Gross Income Percentage includes ordinary dividends, short-term capital gain dividends and foreign tax gross-up. 2. Prior to 12/28/16, the was named International Value. 5
2016 Corporate Dividend Received Deduction (DRD) Percentage U.S. corporations may exclude 70% of certain dividends they receive from other domestic corporations of which they own less than 20%. The percentage below reflects the amount of the dividend received by a corporation (ordinary dividends, short-term capital gain dividends, if any, and foreign tax gross up, if any) that may be eligible for this 70% deduction. DRD Percentage Capital Appreciation 100% Capital Income 26.75% Developing Markets 8.94% Dividend Opportunity 84.61% Equity 100% Equity Income 95.81% amental Alternatives 100% Global Allocation 13.88% Global 66.98% Global Multi-Alternatives 14.31% Global Multi-Asset Growth 12.94% Global Multi-Asset Income 16.2% Global Opportunities 8.69% Global Real Estate 0.19% Gold & Special Minerals 1.47% International Diversified 1.07% International Equity 1 0.98% Macquarie Global Infrastructure 35.73% Main Street 100% Main Street Mid Cap 60.82% Main Street Select 100% Main Street Small Cap 100% Mid Cap Value 100% Portfolio Series: Active Allocation 64.48% Portfolio Series: Conservative Investor 17.43% Portfolio Series: Equity Investor 87.04% Portfolio Series: Moderate Investor 42.08% Real Estate 0.23% Rising Dividends 100% Small Cap Value 100% Value 100% SteelPath MLP Alpha, SteelPath MLP Income, SteelPath MLP Select 40, and SteelPath MLP Alpha Plus 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. 1. Prior to 12/28/16, the was named International Value. 6
2016 U.S. Government Securities 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 investing 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 funds is exempt from state income taxes, first consult your tax advisor. If certain dividends are not taxable in your state, you can use the table below to determine how much of your distribution might be exempt from state income tax. The table lists every 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 dividends (taxable dividends, short-term capital gain dividends and foreign tax gross-up, if any) distributed by each fund was attributable to these various types of U.S. Government securities. Federal Home Loan Bank Federal Home Loan Mortgage Corporation Federal National Mortgage Association Government National Mortgage Association U.S. Treasury Notes & Bonds Other Investments Capital Income 0.60% 5.50% 1.90% 0.10% 91.90% Core Bond 2.60% 15.90% 4.60% 0.20% 76.70% Global Allocation 12.10% 87.90% Global High Yield 0.10% 99.90% Global Multi Strategies 0.20% 0.40% 1.80% 97.60% Global Multi-Alternatives 0.10% 0.10% 0.30% 1.20% 98.30% Global Multi-Asset Growth 3.30% 96.70% Global Multi-Asset Income 0.10% 0.30% 0.10% 99.50% Global Strategic Income 0.60% 2.50% 0.80% 0.40% 95.70% Government Cash Reserves 19.00% 1.00% 1.00% 1.10% 77.90% Government Money Market 20.40% 1.40% 0.90% 1.10% 76.20% International Bond 0.10% 99.90% Limited-Term Bond 3.70% 10.10% 1.50% 0.50% 84.20% Limited-Term Government Portfolio Series: Active Allocation Portfolio Series: Conservative Investor Portfolio Series: Moderate Investor 3.60% 17.70% 50.00% 6.40% 8.80% 13.50% 0.10% 1.00% 4.00% 0.80% 0.40% 93.70% 0.40% 2.70% 10.30% 2.20% 1.30% 83.10% 0.30% 1.90% 7.50% 1.60% 0.90% 87.80% Ultra-Short Duration 0.20% 0.30% 99.50% 7
2016 State Income Information The table below is a state-by-state summary of the sources of municipal interest from which tax-exempt dividends were paid by certain municipal funds during 2016. The percentages shown reflect, for each fund, the portion of tax-exempt 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 available 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. AMT-Free AMT-Free New York Arizona California s High Yield Intermediate Term Limited Term California Limited Term ALABAMA 2.4% 2.5%.6% 1.4% ALASKA.4%.1% ARIZONA 2.0% 59.6% 1.1% 2.3% 1.6% ARKANSAS.1% CALIFORNIA 13.1% 81.8% 14.2% 19.6% 70.8% 8.7% COLORADO 1.2% 2.0%.3%.4% CONNECTICUT.3%.3%.9%.1% DELAWARE.2%.1% FLORIDA 9.2% 8.1% 4.9% 5.2% GEORGIA.1% 1.0% 2.0%.6% HAWAII.6% IDAHO ILLINOIS 7.6% 3.6% 8.2% 12.7% INDIANA 1.1%.5%.3% 1.4% IOWA.1% 1.0%.5% KANSAS.1%.3%.2% KENTUCKY.5%.4% 1.7%.4% LOUISIANA 2.4%.5% 2.0%.8% MAINE.4%.3% MARYLAND.2%.6% MASSACHUSETTS.4%.8%.4%.4% MICHIGAN 5.4% 3.0% 4.8% 3.9% MINNESOTA.1%.3%.4%.1% MISSISSIPPI.1%.1% 1.0% 1.2% MISSOURI 2.4% 1.3% 1.7% 1.5% MONTANA.3% NEBRASKA.6%.4% NEVADA.6%.5% 1.4% NEW HAMPSHIRE 2.0%.1% NEW JERSEY 1.2% 4.0% 6.9% 1.2% NEW MEXICO.1%.2%.5% NEW YORK 2.9% 69.5% 62.4% 5.5% 7.6% 5.1% NORTH CAROLINA.4%.3% NORTH DAKOTA.1% OHIO 12.4% 10.8% 2.6% 4.0% OKLAHOMA.7%.2%.1%.1% OREGON.1%.3% PENNSYLVANIA 2.0%.8% 8.4% 1.2% RHODE ISLAND.6%.2% 1.7%.9% SOUTH CAROLINA.5%.5% 1.6%.1% SOUTH DAKOTA.4% TENNESSEE.3%.7%.5% TEXAS 3.6% 6.7% 11.7% 2.5% UTAH.5% VERMONT 1.1%.2% VIRGINIA 2.4% 1.6%.6% WASHINGTON 1.2% 1.2% 2.3%.4% WEST VIRGINIA.2%.7% WISCONSIN 1.1%.6%.4%.3% WYOMING 1.9% DIST OF COLUMBIA 1.1% 4.1%.4% 4.5% GUAM.2%.2%.3%.2%.4% PUERTO RICO 16.5% 30.2% 40.1% 17.4% 36.4% 19.3% 28.7% 34.1% VIRGIN ISLANDS.1%.1%.2%.3%.1% NORTHERN MARIANA ISLANDS.1%.3%.7%.4% Total 100% 100% 100% 100% 100% 100% 100% 100% 100% 8
2016 State Income Information continued Limited Term New York Maryland Massachusetts Michigan Minnesota New Jersey North Carolina Ohio Pennsylvania ALABAMA ALASKA ARIZONA ARKANSAS CALIFORNIA COLORADO CONNECTICUT DELAWARE FLORIDA GEORGIA HAWAII IDAHO ILLINOIS INDIANA IOWA KANSAS KENTUCKY LOUISIANA MAINE MARYLAND 35.7% MASSACHUSETTS 54.4% MICHIGAN 66.6% MINNESOTA 95.3% MISSISSIPPI MISSOURI MONTANA NEBRASKA NEVADA NEW HAMPSHIRE NEW JERSEY 58.0% NEW MEXICO NEW YORK 51.7% NORTH CAROLINA 52.0% NORTH DAKOTA OHIO 76.6% OKLAHOMA OREGON PENNSYLVANIA 47.2% RHODE ISLAND SOUTH CAROLINA SOUTH DAKOTA TENNESSEE TEXAS UTAH VERMONT VIRGINIA WASHINGTON WEST VIRGINIA WISCONSIN WYOMING DIST OF COLUMBIA GUAM 1.0%.4% 4.5%.1% 2.3% 1.1%.2% PUERTO RICO 46.3% 60.5% 40.5% 33.4% 4.7% 40.2% 43.7% 21.9% 50.4% VIRGIN ISLANDS 1.0% 2.7%.6%.3%.1%.2% 1.8% NORTHERN MARIANA ISLANDS.7% 1.4% 1.9%.2%.4% Total 100% 100% 100% 100% 100% 100% 100% 100% 100% 9
2016 State Income Information continued Short Term ALABAMA 5.6% ALASKA.1% ARIZONA.7% Virginia ARKANSAS CALIFORNIA 17.4% COLORADO 1.2% CONNECTICUT DELAWARE FLORIDA 2.3% GEORGIA.5% HAWAII IDAHO.1% ILLINOIS 21.5% INDIANA 1.0% IOWA.1% KANSAS KENTUCKY.6% LOUISIANA.9% MAINE MARYLAND.1% MASSACHUSETTS 1.0% MICHIGAN 5.5% MINNESOTA.5% MISSISSIPPI.3% MISSOURI 1.1% MONTANA NEBRASKA NEVADA 1.3% NEW HAMPSHIRE NEW JERSEY 8.1% NEW MEXICO.2% NEW YORK 5.6% NORTH CAROLINA NORTH DAKOTA.1% OHIO 1.8% OKLAHOMA.7% OREGON.2% PENNSYLVANIA 5.9% RHODE ISLAND.6% SOUTH CAROLINA SOUTH DAKOTA TENNESSEE.5% TEXAS 6.3% UTAH VERMONT.2% VIRGINIA.3% 56.0% WASHINGTON.7% WEST VIRGINIA WISCONSIN.2% WYOMING DIST OF COLUMBIA.2% 1.9% GUAM.9% PUERTO RICO 6.6% 41.0% VIRGIN ISLANDS NORTHERN MARIANA ISLANDS.2% Total 100% 100% 10
2016 Unrecaptured Section 1250 Gain Unrecaptured Section 1250 gain is the portion of a long-term capital gain distribution that is attributed to gains from certain depreciable real property. For many shareholders, this information is provided on Form 1099-DIV. You may need this information to complete your Form 1040 Schedule D. 1250 Gain Equity 0.0193% Global Real Estate 11.7503% Main Street 0.0540% Main Street Mid Cap 0.2207% Main Street Select 0.0144% Real Estate 2.8111% 11
2016 QII and QSTCG for Foreign Shareholders Certain mutual funds generate qualified interest income (QII) and/or qualified short-term capital gains (QSTCG) that may be exempt from tax withholding when distributed to foreign (non-u.s.) shareholders. The table below lists every fund that distributed QII and/or QSTCG and may be exempt from U.S. withholding tax. Please consult your tax advisor for further information. QII QSTCG Capital Appreciation 0.49% 0.00% Capital Income 57.87% 0.00% Commodity Strategy Total Return 2.52% 0.00% Core Bond 95.73% 0.00% Corporate Bond 100.00% 0.00% Developing Markets 1.30% 0.00% Dividend Opportunity 0.04% 0.00% Equity 0.07% 0.00% Equity Income 8.98% 0.00% amental Alternatives 22.47% 0.00% Global Allocation 20.46% 0.00% Global 0.10% 0.00% Global High Yield 100.00% 0.00% Global Multi Strategies 9.25% 0.00% Global Multi-Alternatives 33.37% 0.00% Global Multi-Asset Growth 11.67% 0.00% Global Multi-Asset Income 34.35% 0.00% Global Opportunities 1.11% 100.00% Global Real Estate 0.00% 100.00% Global Strategic Income 71.90% 0.00% Gold & Special Minerals 0.12% 0.00% Government Cash Reserves 93.67% 0.00% Government Money Market 76.22% 0.00% International Bond 24.55% 0.00% International Diversified 0.32% 0.00% International Equity 1 0.73% 0.00% International Growth And Income 0.23% 0.00% International Growth 0.36% 0.00% International Small-Mid Company 4.21% 0.00% Limited-Term Bond 82.74% 0.00% Limited-Term Government 100.00% 0.00% Macquarie Global Infrastructure 0.47% 100.00% Main Street 0.39% 100.00% Main Street Mid Cap 0.31% 100.00% Main Street Select 0.39% 0.00% Main Street Small Cap 0.49% 0.00% Mid Cap Value 0.29% 0.00% Portfolio Series: Active Allocation 27.03% 0.00% Portfolio Series: Conservative Investor 50.46% 0.00% Portfolio Series: Equity Investor 0.12% 0.00% Portfolio Series: Moderate Investor 61.96% 0.00% 12 1. Prior to 12/28/16, the was named International Value.
2016 QII and QSTCG for Foreign Shareholders continued QII QSTCG Real Estate 0.09% 100.00% Rising Dividends 0.46% 0.00% Senior Floating Rate 100.00% 0.00% Senior Floating Rate Plus 96.66% 0.00% Small Cap Value 0.18% 0.00% Ultra-Short Duration 50.34% 0.00% Value 0.25% 0.00% 13