OPPENHEIMER CONVERTIBLE SECURITIES FUND
Supplement dated January 7, 2000 to the
Prospectus dated April 28, 1999
The Prospectus is changed as follows:
1. The second paragraph of the subsection entitled "Portfolio Managers" on page
15 is revised in its entirety to read as follows:
|X| The portfolio manager of the Fund is Edward Everett. Mr.
Everett has been a portfolio manager of the Fund since July 12, 1993
and he is the person principally responsible for the day-to-day
management of the Fund's portfolio. Mr. Everett is a Vice President of
the Fund and of the Manager. Prior to joining the Manager in January
1996 he was a portfolio manager of Fielding Management Company, Inc.,
an investment adviser.
2. All references in the Prospectus to the "portfolio managers" are hereby
changed to read, "portfolio manager."
January 7, 2000 PS0345.008
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OPPENHEIMER CONVERTIBLE SECURITIES FUND
Supplement dated January 7, 2000 to the
Statement of Additional Information dated April 28, 1999
The Statement of Additional Information is revised as follows:
1. The biographical information for Michael S. Rosen on page 20 is hereby
deleted.
2. The biographical information for Edward Everett on page 20 is hereby revised
to read as follows:
Edward Everett, Vice President and Portfolio Manager: Age: 33.
Two World Trade Center, 34th floor, New York, New York 10048-0203
Vice President of the Manager (since January 7, 2000); formerly
Assistance Vice President of the Fund and Manager (January 1996 -
January 6, 2000); formerly a Portfolio Manager for Fielding Management
Company, Inc. (July 1993 - January 1996).
January 7, 2000 PX0345.006