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OPPENHEIMER MORTGAGE INCOME FUND Supplement dated February 21, 1995 to the Prospectus dated January 24, 1995 For Use by Residents of the State of Texas This Fund may invest up to 35% of its total assets in debt securities rated below investment grade. These securities, commonly known as "junk bonds," are subject to greater market fluctuation and risk of loss of principal and interest than debt securities in the higher rating categories. February 21, 1995
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