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OPSIX Oppenheimer Global Strategic Inc A

  • Fund
  • OPSIX
  • Price as of: Dec 09, 2016
  • $3.87
  • - $0.00
  • - 0.00%
  • Category
  • Global Bonds

OPSIX - Profile

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 1.9%
  • 5 Yr Annualized Return 3.8%
  • Net Assets $4.82 B
  • Holdings in Top 10 11.4%

52 WEEK LOW AND HIGH

$3.87
$3.68
$3.96

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.06%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 78.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$500

Investment Themes

CATEGORY

Global Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return 2.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.87%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Oppenheimer Global Strategic Income Fund
  • Fund Family Name OppenheimerFunds
  • Inception Date Oct 16, 1989
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Michael A. Mata

OPSIX - Performance

Return Ranking - Trailing

Period OPSIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.1% -6.2% 210.2% 31.73% 3
1 Yr 3.6% -14.6% 10.1% 33.33% 2
3 Yr 1.9% * -4.4% 6.5% 23.59% 2
5 Yr 3.8% * -2.5% 7.0% 17.48% 1
10 Yr 4.5% * 1.0% 6.5% 29.38% 2

* Annualized


Return Ranking - Calendar

Period OPSIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.4% -12.4% 1.2% 41.41% 3
2014 -1.9% -8.4% 10.8% 42.61% 4
2013 -5.3% -11.4% 0.9% 36.68% 3
2012 7.1% -1.3% 11.2% 15.25% 1
2011 -5.1% -8.8% 4.6% 55.88% 5

Total Return Ranking - Trailing

Period OPSIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.1% -6.2% 210.2% 42.31% 3
1 Yr -1.3% -18.0% 10.1% 75.56% 4
3 Yr 0.3% * -5.4% 6.5% 45.77% 3
5 Yr 2.8% * -2.9% 7.0% 27.24% 2
10 Yr 4.0% * 1.0% 6.5% 46.89% 3

* Annualized


Total Return Ranking - Calendar

Period OPSIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.4% -12.4% 1.5% 60.61% 4
2014 -1.9% -8.4% 19.6% 70.42% 5
2013 -5.3% -11.4% 4.5% 57.53% 4
2012 7.1% 0.0% 31.9% 47.53% 3
2011 -5.1% -7.4% 11.4% 76.96% 5

NAV & Total Return History

OPSIX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

OPSIX Category Low Category High OPSIX % Rank Quintile
Net Assets 4.82 B 4.39 M 65.5 B 3.15% 1
Number of Holdings 2247 1 4132 0.63% 1
Net Assets in Top 10 607 M -831 M 13.7 B 4.10% 2
Weighting of Top 10 11.4% 4.6% 325.9% 25.87% 5

Top 10 Holdings

  1. Oppenheimer Ultra-Short Duration Y 2.32%
  2. Fannie Mae Single Family TBA 2.5% 2031-11-01 2.41%
  3. Fed Natl Mort Assc 3.5% 1.51%
  4. Fannie Mae Single Family TBA 4% 2046-11-01 1.35%
  5. Fannie Mae Single Family TBA 3% 2031-11-01 0.79%
  6. Fannie Mae Single Family TBA 3% 2046-11-01 0.70%
  7. Ginnie Mae Jumbos TBA 3.5% 2046-11-01 0.63%
  8. US Treasury Note 1.625% 0.60%
  9. US Treasury Note 1.75% 0.57%
  10. Citigroup Mtg Ln Tr 2009-8 CMO 0.53%

Asset Allocation

Weighting Category Low Category High OPSIX % Rank Quintile
Bonds
91.60% 4.51% 139.79% 16.72% 4
Cash
7.55% -42.54% 95.49% 9.46% 2
Other
0.36% -1.72% 19.21% 17.35% 4
Stocks
0.30% -2.34% 54.40% 6.62% 2
Preferred Stocks
0.09% 0.00% 3.07% 5.68% 2
Convertible Bonds
0.09% 0.00% 8.26% 8.52% 2

Stock Sector Breakdown

Weighting Category Low Category High OPSIX % Rank Quintile
Basic Materials
0.20% 0.00% 1.69% 1.22% 1
Healthcare
0.11% 0.00% 5.14% 1.22% 1
Consumer Cyclical
0.09% 0.00% 3.86% 1.22% 1
Financial Services
0.03% 0.00% 6.10% 7.93% 2
Energy
0.03% 0.00% 2.49% 4.88% 2
Communication Services
0.00% 0.00% 1.62% 3.66% 3
Real Estate
0.00% 0.00% 3.61% 1.83% 2
Industrials
0.00% 0.00% 4.54% 3.66% 3
Consumer Defense
0.00% 0.00% 3.66% 3.66% 3
Technology
0.00% 0.00% 5.27% 3.66% 3
Utilities
0.00% 0.00% 1.82% 7.32% 3

Stock Geographic Breakdown

Weighting Category Low Category High OPSIX % Rank Quintile
Non US
0.18% 0.00% 18.04% 2.84% 1
US
0.12% -2.34% 37.68% 6.62% 2

Bond Sector Breakdown

Weighting Category Low Category High OPSIX % Rank Quintile
Corporate
56.89% 0.00% 81.66% 2.84% 1
Securitized
23.90% 0.00% 59.48% 3.79% 1
Government
9.85% -19.05% 126.24% 26.18% 5
Cash & Equivalents
8.08% -22.05% 116.08% 9.78% 2
Municipal
0.00% 0.00% 42.43% 12.30% 4
Derivative
-1.36% -98.17% 19.34% 9.15% 4

Bond Geographic Breakdown

Weighting Category Low Category High OPSIX % Rank Quintile
US
62.78% -309.96% 87.90% 1.89% 1
Non US
28.82% -0.31% 347.04% 27.13% 5

OPSIX - Expenses

Operational Fees

OPSIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.06% 0.09% 7.16% 34.38% 2
Management Fee 0.52% 0.00% 1.28% 7.57% 2
12b-1 Fee 0.25% 0.00% 1.00% 6.28% 2
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

OPSIX Fees (% of AUM) Category Low Category High OPSIX Rank Quintile
Front Load 4.75% 2.50% 5.75% 5.00% 5
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

OPSIX Fees (% of AUM) Category Low Category High OPSIX Rank Quintile
Max Redemption Fee N/A 1.00% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

OPSIX Fees (% of AUM) Category Low Category High OPSIX Rank Quintile
Turnover 78.00% 0.00% 477.00% 14.20% 2

OPSIX - Distributions

Dividend Yield Analysis

OPSIX Category Low Category High OPSIX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.16% 47.06% 4

Dividend Distribution Analysis

OPSIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

OPSIX Category Low Category High OPSIX % Rank Quintile
Net Income Ratio 3.87% -0.85% 6.81% 8.20% 1

Capital Gain Distribution Analysis

OPSIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

OPSIX - Managers

Michael A. Mata

Lead Manager

Start Date

Jul 30, 2014

Tenure

2.34

Tenure Rank

10.6%

Michael Mata serves as senior vice president and the head of Multi-Sector Fixed Income at OppenheimerFunds. Prior to joining OppenheimerFunds in 2014, Michael previously served as Managing Director - Head of Multi-Sector Fixed Income as well as portfolio manager of the Global Bond and Core Plus strategies for Voya (formerly “ING Investment Management”). Prior to that, he worked at Putnam Investments in Boston, MA as Senior Risk Manager and also at Lehman Brothers, where he was the Risk Manager for Fixed Income Trading. Mr. Mata has an MBA from DePaul University with a concentration in Finance and Accounting. He also holds a B.A. from Florida International University where he majored in Finance.


Krishna K. Memani

Manager

Start Date

Apr 01, 2009

Tenure

7.67

Tenure Rank

3.5%

Krishna Memani serves as chief investment officer, head of fixed income and as a portfolio manager at OppenheimerFunds. He's responsible for the portfolio management of the Oppenheimer Core Bond Fund, Oppenheimer Corporate Bond Fund, Oppenheimer Global High Yield Fund, and the investment grade portion of Oppenheimer Global Strategic Income Fund. He is also a portfolio manager on Oppenheimer Capital Income Fund. Prior to joining OppenheimerFunds in 2009, Krishna was a managing director and head of the U.S. and European Credit Analyst Team at Deutsche Bank, where he analyzed and communicated trends impacting the U.S. credit markets and sectors within the credit markets. Before his role at Deutsche Bank, Krishna was the chief credit strategist at Credit Suisse where he managed a global team of 60 analysts and developed and marketed Credit Suisse's flagship quantitative debt/equity arbitrage tool. Prior to that he served as a managing director and senior portfolio manager at Putnam Investments where he oversaw the high grade and high yield portfolios. He was instrumental in implementing a new investment process that led to strong relative performance. He also worked at other financial firms including Morgan Stanley and Price Waterhouse Coopers. In total, he has 30 years of experience of successfully researching and managing investment grade fixed income assets and engineering new investment processes that have led to strong investment performance. Krishna received a Bachelor of engineering from the Birla Institute of Technology and Science, an M.A. in economics with a focus on econometrics from the University of Florida and an M.B.A. in finance from the University of Florida


Hemant Baijal

Manager

Start Date

Mar 31, 2015

Tenure

1.67

Tenure Rank

11.5%

Hemant Baijal is co-head of the Global Debt team and portfolio manager of International Bond strategy, Global Strategic Income strategy, and Emerging Markets Local Debt strategy. Prior to joining the firm, Hemant co-founded Six Seasons Global Asset Management, where he served as partner and portfolio manager with a focus on fixed income macro strategies. Before his role at Six Seasons, he was a partner and portfolio manager at Aravali Partners, LLC., where he focused on absolute return and interest rate hedging strategies. Previously, Hemant was a partner and portfolio manager at Havell Capital Management, LLC., where he focused on fixed income macro and relative value fixed income strategies. Earlier in his career, Hemant was a senior portfolio manager for international, global and multi-sector fixed income portfolios at Neuberger Berman. He has also held positions at Banca Di Roma, The First Boston Corporation and Merrill Lynch and Co. Hemant holds a B.A. from the University of Delhi and his M.B.A. from Columbia University.


Tenure Analysis

Category Low

0.1

Category High

24.9

Category Average

5.96

Category Mode

1.9