Seven Oppenheimer funds cut class A sales charge to 2.25% from 3.5%

By Toni Weeks

San Diego, Feb. 1 - OppenheimerFunds, Inc. announced that seven of its funds will drop the maximum sales charge for class A shares to 2.25% from 3.5% on April 1, according to a 497 filing with the Securities and Exchange Commission.

The affected funds are the Limited Term New York Municipal Fund, the Oppenheimer Currency Opportunities Fund, the Oppenheimer Limited Term California Municipal Fund, the Oppenheimer Limited-Term Government Fund, the Oppenheimer Limited Term Municipal Fund, the Oppenheimer Rochester Short Term Municipal Fund and the Rochester Intermediate Term Municipal Fund.

Denver-based OppenheimerFunds is the funds' investment manager.

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