Common use of Illiquid Securities Clause in Contracts

Illiquid Securities. The Fund has percentage limitations that apply to purchases of illiquid securities, as stated in the Prospectus. As a matter of fundamental policy, the Fund cannot purchase any securities that are subject to restrictions on resale.

Appears in 2 contracts

Sources: Statement of Additional Information (Oppenheimer New York Municipal Fund), Statement of Additional Information (Oppenheimer New York Municipal Fund)