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We provide a transparent, liquid MLP access product, enabling you to make energy infrastructure an asset allocation across your client platform.

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Oppenheimer SteelPath funds allow you to add MLP exposure to client retirement accounts.

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Oppenheimer SteelPath MLP mutual funds provide a potential source of alternative income, low correlation to the broader market and access to MLPs without K1s or UBTI*.

Oppenheimer SteelPath MLP Alpha Fund

Concentrated portfolio of 20 energy infrastructure MLPs seeks to provide substantial long-term capital appreciation through distribution growth and current income.

Fact Sheet, Class A

Prospectus

SAI

Oppenheimer SteelPath MLP Income Fund

Seeks to deliver stable cash flows and dividends that track the high level of inflation-protected distributions provided by the Fund's underlying MLP investments.

Fact Sheet, Class A

Prospectus

SAI

Provides investors a monthly dividend that tracks the high level of
inflation-protected distributions provided by the primarily larger MLPs
in which the Fund focuses its investments

Oppenheimer SteelPath MLP Select 40 Fund

Diversified exposure to the energy Master Limited Partnership asset class through a cost-efficient access product invested in a minimum of forty MLPs.

Fact Sheet, Class A

Prospectus

SAI

Oppenheimer SteelPath MLP Alpha Plus Fund

Concentrated and leveraged portfolio of energy infrastructure MLPs seeks to provide substantial long-term capital appreciation through distribution growth and current income.

Fact Sheet, Class A

Prospectus

SAI

*Though an investment in the SteelPath MLP Mutual Funds does not generate UBTI, direct ownership of MLP units may. Unrelated Business Taxable Income (UBTI) creates Unrelated Business Income Tax (UBIT). Under the UBIT rules, tax-exempt institutions and retirement accounts must pay tax on income from a business that is not related to their exempt purpose. Because of the pass-through nature of an MLP, or any partnership, unit holders are treated by the tax code as if they are directly earning the MLP’s income. Therefore, the tax is owed on the retirement account’s share of the MLP’s taxable business income as reported on the K-1. Though there is a deduction that covers the first $1,000 of unrelated business income from all sources; after that, the retirement account will owe tax.