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OPSIX Oppenheimer Global Strategic Inc A

  • Fund
  • OPSIX
  • Price as of: May 22, 2019
  • $3.69 - $0.00 - 0.00%
  • Category
  • Global Bonds

OPSIX - Profile

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return -1.3%
  • 5 Yr Annualized Return -2.6%
  • Net Assets $3.49 B
  • Holdings in Top 10 20.0%

52 WEEK LOW AND HIGH

$3.69
$3.57
$3.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.07%

SALES FEES

  • Front Load 4.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 67.00%

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 3.1%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return -2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.79%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 Krishna K. Memani

OPSIX - Performance

Return Ranking - Trailing

Period OPSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% 0.1% 6.6% 21.30%
1 Yr -2.6% -6.8% 3.9% 75.65%
3 Yr -1.3%* -3.0% 5.0% 85.22%
5 Yr -2.6%* -3.5% 3.3% 75.98%
10 Yr 0.5%* -1.6% 2.4% 44.88%

* Annualized


Return Ranking - Calendar

Period OPSIX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.4% -10.1% 0.0% 93.04%
2017 1.8% -5.2% 12.8% 76.96%
2016 2.4% -4.1% 9.6% 41.74%
2015 -6.4% -12.4% -0.2% 53.48%
2014 -1.9% -8.4% 7.1% 63.84%

Total Return Ranking - Trailing

Period OPSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% 0.3% 6.6% 23.91%
1 Yr -2.6% -6.1% 8.6% 78.70%
3 Yr -1.3%* -2.3% 6.1% 94.78%
5 Yr -2.6%* -3.5% 4.9% 89.08%
10 Yr 0.5%* -1.0% 7.3% 66.14%

* Annualized


Total Return Ranking - Calendar

Period OPSIX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.4% -10.1% 3.7% 93.04%
2017 1.8% -0.9% 13.1% 83.48%
2016 2.4% -1.9% 10.8% 53.04%
2015 -6.4% -12.4% 1.4% 66.96%
2014 -1.9% -8.4% 12.8% 78.13%

NAV & Total Return History

OPSIX - Holdings

Concentration Analysis

OPSIX Category Low Category High OPSIX % Rank
Net Assets 3.49 B 3.39 M 125 B 23.38%
Number of Holdings 2771 6 5609 3.90%
Net Assets in Top 10 753 M -295 M 10 B 27.27%
Weighting of Top 10 19.98% 5.2% 625.8% 76.62%

Top 10 Holdings

  1. Federal National Mortgage Association 9% 5.35%

  2. United States Treasury Bonds 1% 3.80%

  3. Federal National Mortgage Association 8% 1.96%

  4. Federal National Mortgage Association 7% 1.63%

  5. United States Treasury Bonds 1% 1.35%

  6. France (Republic Of) 4% 1.25%

  7. Oppenheimer Ultra-Short Duration Y 1.23%

  8. United States Treasury Bonds 1% 1.21%

  9. Greece (Republic Of) 3.9% 1.17%

  10. Mexico (United Mexican States) 8% 1.04%


Asset Allocation

Weighting Return Low Return High OPSIX % Rank
Bonds
94.03% 0.00% 217.85% 35.06%
Convertible Bonds
4.67% 0.00% 8.05% 5.19%
Preferred Stocks
1.03% 0.00% 1.03% 0.43%
Cash
0.13% -127.31% 52.38% 80.52%
Other
0.09% -0.31% 13.60% 34.20%
Stocks
0.05% -0.61% 96.46% 23.81%

Bond Sector Breakdown

Weighting Return Low Return High OPSIX % Rank
Corporate
46.63% 0.00% 202.90% 16.02%
Government
31.10% -3.23% 91.63% 79.22%
Securitized
21.72% 0.00% 61.10% 30.30%
Cash & Equivalents
0.61% -55.79% 50.49% 75.76%
Municipal
0.00% 0.00% 38.81% 52.81%
Derivative
-1.41% -138.94% 64.42% 83.12%

Bond Geographic Breakdown

Weighting Return Low Return High OPSIX % Rank
US
57.05% -31.83% 164.52% 12.55%
Non US
36.98% -51.73% 142.56% 89.61%

OPSIX - Expenses

Operational Fees

OPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.07% 3.65% 53.04%
Management Fee 0.55% 0.00% 1.15% 49.35%
12b-1 Fee 0.25% 0.00% 1.00% 36.08%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

OPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 2.50% 5.75% 6.67%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

OPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 67.00% 0.00% 451.00% 29.57%

OPSIX - Distributions

Dividend Yield Analysis

OPSIX Category Low Category High OPSIX % Rank
Dividend Yield 0.05% 0.00% 1.45% 13.85%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

OPSIX Category Low Category High OPSIX % Rank
Net Income Ratio 4.79% -1.10% 5.99% 7.39%

Capital Gain Distribution Analysis

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

OPSIX - Managers

Krishna K. Memani

Manager

Start Date

Tenure

Tenure Rank

Apr 01, 2009

10.08

10.1%

Krishna Memani has been President of the OppenheimerFunds, Inc. since January 2013, Executive Vice President of the Manager since January 2014 and Chief Investment Officer of the OppenheimerFunds advisory entities since January 2014. He was Chief Investment Officer, Fixed Income of the OppenheimerFunds, Inc. from January 2013 to December 2013; Head of the Investment Grade Fixed Income Team of the OppenheimerFunds, Inc. from March 2009 to January 2014; Director of Fixed Income of the OppenheimerFunds, Inc. from October 2010 through December 2012 and Senior Vice President of the Sub-Adviser from March 2009 through December 2012. He was also Senior Vice President of OFI Global Institutional, Inc. from April 2009 through December 2012. Mr. Memani is a portfolio manager and an officer of other portfolios in the OppenheimerFunds complex.


Christopher (Chris) Kelly

Manager

Start Date

Tenure

Tenure Rank

Jan 26, 2017

2.26

2.3%

Mr. Kelly has been a Senior Vice President of OppenheimerFunds, Inc. since January 2016 and a Portfolio Manager of the firm and Co-Head of the Global Debt Team since March 2015. He was a Vice President of the firm from March 2015 through January 2016. Prior to joining OppenheimerFunds, Mr. Kelly was at BlackRock Inc., where he was Deputy Head of Emerging Markets Fixed Income from June 2012 to January 2015. Mr. Kelly was also a portfolio manager and Deputy Chief Investment Officer of Emerging Markets at Fisher Francis Trees and Watts, a BNP Paribas Investment Partner, from February 2008 to April 2012. Chris holds a B.A. from Macalester College and a Masters in international affairs from Columbia University. He is also a CFA charterholder.


Ruta Ziverte

Manager

Start Date

Tenure

Tenure Rank

Jan 26, 2017

2.26

2.3%

Ms. Ziverte has been a Senior Portfolio Manager for the Multi-Sector Fixed Income Team of OppenheimerFunds, Inc and a Vice President of OppenheimerFunds, Inc since July 2015. Prior to joining OppenheimerFunds, she was Senior Vice President and high yield portfolio manager at GE Asset Management from June 2009 to June 2015. Previously, she was a Credit Analyst with Citigroup/Travelers Life and Annuity. Prior to joining Citigroup, Ruta served for four years as a Credit Analyst and Assistant Portfolio Manager for Phoenix Investment Partners. Ruta holds a BS degree from the University of Latvia and an MBA from Rensselaer Polytechnic Institute.


Hemant Baijal

Manager

Start Date

Tenure

Tenure Rank

Jan 24, 2018

1.26

1.3%

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

0.05

Category High

28.5

Category Average

7.24

Category Mode

4.59