Fund Research for Oppenheimer Strat Income C (OSICX)

  • Fund Overview

    Fund Inception Date: May 26, 1995
    Category: Multisector Bond
    Overall Risk: Above Average
    Fund Family: OppenheimerFunds
    Return Since Inception: 5.85%
    YTD Return: 20.81%
    Yield (TTM): 5.33%
    Net Assets: 1.3 B
    Morningstar Rating:
    3 of 5
    The investment seeks high current income. The fund invests primarily in debt securities of issuers in three market sectors: foreign governments and companies, U.S. government securities and lower-rated high-yield securities of U.S. and foreign companies. It is not required to invest in all three sectors at all times. The fund can invest up to 100% of assets in any one sector at any time.

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    Details
    Average Eff Duration 5.18 Yrs
    Average Eff Maturity —
    Average Credit Quality BBB
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/27/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 20.81% 26.89% 3.22% 4.01% 5.67% 5.85%
    +/- Category -5.52% -6.22% -1.06% -0.81% -0.62% —
    +/- Barclays US Aggregate Bond TR USD — — — — 6.31% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 18.41% 18.48% 3.10% 4.18% 5.67% 5.85%
    Quarter (as of 09/30/2009) 17.19% 3.81% 3.27% 4.37% 5.61% 5.81%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/27/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/27/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 05/26/1995
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    US Government 4.14%
    Mortgage 18.12%
    Credit 21.48%
    Foreign 33.91%
    Cash 11.16%
    Bond Quality
    AAA 28.03%
    AA 5.85%
    A 13.89%
    BBB 12.80%
    BB 17.62%
    B 8.10%
    Below B 8.85%
    Not Rated 4.85%

    Asset Allocation

    Short Long Net Assets
    Cash 0.00% 11.16% 11.16%
    Stocks 0.05% 0.04% 0.00%
    Bonds 0.18% 77.88% 77.69%
    Other 0.00% 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 0.03% 0.04% 0.02%
    Data as of 09/30/2009 Data as of 06/30/2009 View Fund Portfolio

    Top 10 Holdings

    Maturity Date Total Holdings Value of Holdings Net Assets
    * Inst. Money Market - E — 588.37 M 588.37 M 7.52%
    + Ofi Master Loan- 230 — 51.75 M 475.5 M 6.08%
    * FNMA 07/01/2039 122.85 M 126.82 M 1.62%
    + Brazil (Federative Republic) 10% 01/01/2017 260.56 M 123.08 M 1.57%
    * US Treasury Note 0.875% 05/31/2011 104 M 103.67 M 1.32%
    * Turkey(Rep Of) 16% 03/07/2012 110.8 M 77.41 M 0.99%
    * FNMA 07/01/2039 67.4 M 68.63 M 0.88%
    + GREECE(REP OF) 05/20/2013 43.42 M 63.93 M 0.82%
    - Japan(Govt Of) 1.5% 06/20/2013 5.7 B 61.31 M 0.78%
    * Turkey(Rep Of) 02/02/2011 97.64 M 52.77 M 0.67%
    + Increase - Decrease = No change * New since last portfolio
    Data as of 06/30/2009
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred 1.00%
    Taken from prospectus dated 01/28/2009
    Expense Ratio (based on net assets) 1.72%
    Taken from annual report dated 09/30/2009

  • Fund Management

    Arthur P. Steinmetz
    Start Date: 10/16/1989
    A prudent and meticulous investor, Arthur Steinmetz utilizes a combination of fundamental analysis and quantitative modelling to develop a portfolio of global fixed-income securities. Steinmetz is a senior vice president of OppenheimerFunds, Inc. Prior to joining OFI in 1986, he was an analyst with PaineWebber where his responsibilities dealt with derivative securities.
    Krishna K. Memani
    Start Date: 04/01/2009
    Memani has been a senior vice president and head of the Investment Grade Fixed Income Team of OppenheimerFunds since March 2009. He was a managing director and head of the U.S. and European Credit Analyst Team at Deutsche Bank Securities from June 2006 through January 2009. Memani was the chief credit strategist at Credit Suisse Securities from August 2002 through March 2006. He was a Managing Director and Senior Portfolio Manager at Putnam Investments from September 1998 through June 2002.
    Joseph Welsh
    Start Date: 04/01/2009
    Welsh is vice president and portfolio manager with OppenheimerFunds Inc. since December 2000 and of HarbourView Asset Management Corporation since September 2002. He was an assistant vice president of OppenheimerFunds Inc. from December 1996 to November 2000. Prior to joining the firm, Welsh was a high yield bond analyst with W.R. Huff Asset Management from November 1991 to December 1994.
    Caleb Wong
    Start Date: 04/01/2009
    Wong has been a vice president of OppenheimerFunds, Inc. since June 1999 and has held a variety of roles, including fixed-income and asset allocation portfolio management, quantitative research and risk management since July 1996. He is an officer of one other portfolio in the OppenheimerFunds complex.