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Published on 3/7/2012 in the Prospect News Fund Daily.

Oppenheimer Equity Income Fund tweaks investment strategy

By Toni Weeks

San Diego, March 7 - The Oppenheimer Equity Income Fund, Inc. made a change to its principal investment strategy, according to a 497 filing with the Securities and Exchange Commission.

The fund will now invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities. Previously the fund stated it would invest 80% of its assets in equity securities.

New York-based OppenheimerFunds, Inc. serves as the fund's investment adviser.


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