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Trending ETFs

Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$3.04

$1.59 B

4.76%

$0.15

1.81%

Vitals

YTD Return

-1.3%

1 yr return

2.7%

3 Yr Avg Return

-2.8%

5 Yr Avg Return

-1.1%

Net Assets

$1.59 B

Holdings in Top 10

23.9%

52 WEEK LOW AND HIGH

$3.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.81%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 04/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$3.04

$1.59 B

4.76%

$0.15

1.81%

OSICX - Profile

Distributions

  • YTD Total Return -1.3%
  • 3 Yr Annualized Total Return -2.8%
  • 5 Yr Annualized Total Return -1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.03%
DIVIDENDS
  • Dividend Yield 4.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Global Strategic Income Fund
  • Fund Family Name
    OppenheimerFunds
  • Inception Date
    May 26, 1995
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Christopher (Chris) Kelly

Fund Description

The Fund invests mainly in debt securities, including foreign and U.S. government bonds and notes, mortgage-related securities, corporate debt obligations, including lower-grade, high-yield domestic and foreign corporate debt obligations, “structured” notes, participation interests in loans, investments in pooled investment entities (including those that invest in loans), asset-backed securities and “zero coupon” and “stripped” securities.
Under normal market conditions, the Fund invests a substantial portion of its assets in a number of different countries, including the U.S. The Fund is not required to allocate its investments in any set percentages in any particular countries. The Fund’s foreign investments may include debt securities of issuers in both developed and emerging markets. The Fund has no limitations regarding the range of maturities of the debt securities it can buy or the market capitalization of the issuers of those securities.
The Fund can invest in investment grade or lower-grade, high-yield debt securities. “Investment grade” debt securities are rated in one of the top four rating categories by nationally recognized statistical rating organizations such as Moody’s Investors Service or S&P Global Ratings (S&P). If two or more nationally recognized statistical rating organizations have assigned different ratings to a security, the investment adviser uses the highest rating assigned. The Fund may also invest in unrated securities, in which case the investment adviser may internally assign ratings to certain of those securities, after assessing their credit quality, in investment-grade or below-investment-grade categories similar to those of nationally recognized statistical rating organizations. There can be no assurance, nor is it intended, that the investment adviser‘s credit analysis is consistent or comparable with the credit analysis process used by a nationally recognized statistical rating organization. Although the Fund normally invests a substantial portion of its assets in lower-grade, high-yield debt securities, it can buy investment-grade debt securities without limit. The Fund may also invest in certain restricted securities and securities exempt from registration under the Securities Act of 1933 (Securities Act) including securities that are only eligible for resale pursuant to Rule 144A under the Securities Act (referred to as Rule 144A Securities). The Fund may also invest in exchange-traded funds and other investment companies.
The Fund can enter into “forward roll” transactions (also referred to as “mortgage dollar rolls”) with respect to mortgage-related securities. A substantial portion of the Fund’s assets may be subject to forward roll transactions at any given time.
The Fund may also use derivatives for investment purposes or to manage investment risks, including options, futures, forward contracts, swaps and “structured” notes. The Fund actively manages foreign currency exposure, both to reduce risk and to seek to enhance return. To do so, the
Fund may invest in foreign exchange derivatives, including forwards and options that reference foreign currencies, including currencies of developing and emerging market countries.
The portfolio managers analyze the overall investment opportunities and risks across global fixed income markets in which the Fund invests and seek to moderate the special risks of investing in lower-grade, high-yield debt instruments and foreign securities by building a broadly diversified portfolio. The Fund’s diversification strategies are intended to help reduce share price volatility while seeking current income. The portfolio managers currently focus on securities that they believe offer a balance of income and total return, securities whose market prices tend to move in different directions (to seek overall portfolio diversification), and relative values across global fixed income markets. These factors may vary in particular cases and may change over time. The Fund may sell securities that the portfolio managers believe are no longer favorable with regard to these factors.
The Fund may invest up to 25% of its total assets in a Cayman Islands exempted company that is wholly-owned and controlled by the Fund (the Subsidiary). The Subsidiary invests in Regulation S securities. Regulation S securities are securities of U.S. and non-U.S. issuers that are issued through private offerings without registration with the Securities and Exchange Commission pursuant to Regulation S under the Securities Act of 1933. The Fund applies its investment restrictions and compliance policies and procedures, on a look-through basis, to the Subsidiary. Since the Fund may invest a substantial portion of its assets in the Subsidiary, which may hold certain of the investments described in this prospectus, the Fund may be considered to be investing indirectly in those investments through its Subsidiary. Therefore, references in this prospectus to investments by the Fund also may be deemed to include the Fund’s indirect investments through the Subsidiary.
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OSICX - Performance

Return Ranking - Trailing

Period OSICX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -21.2% 17.7% 95.94%
1 Yr 2.7% -17.2% 23.1% 95.94%
3 Yr -2.8%* -10.9% 14.4% 95.30%
5 Yr -1.1%* -15.0% 10.3% 96.23%
10 Yr 0.1%* -12.3% 12.5% 95.63%

* Annualized

Return Ranking - Calendar

Period OSICX Return Category Return Low Category Return High Rank in Category (%)
2023 3.3% -26.6% 25.7% 91.47%
2022 -14.8% -49.2% 314.3% 60.70%
2021 -5.8% -35.1% 16.7% 39.80%
2020 0.5% -48.0% 10.9% 93.49%
2019 5.3% -14.8% 11.2% 41.37%

Total Return Ranking - Trailing

Period OSICX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -24.6% 29.5% 95.42%
1 Yr 2.7% -17.2% 38.5% 93.53%
3 Yr -2.8%* -12.6% 14.4% 93.61%
5 Yr -1.1%* -16.0% 10.3% 95.16%
10 Yr 0.1%* -12.9% 12.5% 95.43%

* Annualized

Total Return Ranking - Calendar

Period OSICX Return Category Return Low Category Return High Rank in Category (%)
2023 8.1% -26.6% 25.7% 91.47%
2022 -12.4% -49.2% 314.3% 60.70%
2021 -3.8% -35.1% 16.7% 40.79%
2020 3.0% -48.0% 10.9% 96.93%
2019 9.4% -14.8% 15.2% 62.16%

NAV & Total Return History


OSICX - Holdings

Concentration Analysis

OSICX Category Low Category High OSICX % Rank
Net Assets 1.59 B 100 133 B 26.75%
Number of Holdings 939 2 8096 22.35%
Net Assets in Top 10 391 M -12.7 B 15.3 B 22.48%
Weighting of Top 10 23.92% 4.3% 100.0% 28.65%

Top 10 Holdings

  1. Brazil Notas do Tesouro Nacional, Class NTNF 6.18%
  2. U.S. Treasury Notes/Bonds 3.18%
  3. Invesco Private Prime Fund 3.05%
  4. U.S. Treasury Bills 2.12%
  5. U.S. Treasury Bills 2.11%
  6. Peru Government Bond 2.00%
  7. Republic of South Africa Government Bond 1.60%
  8. Invesco Treasury Portfolio, Institutional Class 1.30%
  9. Republic of South Africa Government Bond, Series 2032 1.22%
  10. Colombian TES, Series B 1.17%

Asset Allocation

Weighting Return Low Return High OSICX % Rank
Bonds
88.45% -150.81% 272.05% 58.30%
Cash
10.02% -201.18% 258.91% 43.40%
Convertible Bonds
3.05% 0.00% 33.50% 29.15%
Stocks
1.39% -13.04% 257.52% 54.12%
Other
0.14% -25.82% 276.99% 4.18%
Preferred Stocks
0.00% 0.00% 31.29% 73.59%

Stock Sector Breakdown

Weighting Return Low Return High OSICX % Rank
Utilities
0.00% 0.00% 100.00% 64.34%
Technology
0.00% 0.00% 49.62% 59.43%
Real Estate
0.00% 0.00% 100.00% 63.73%
Industrials
0.00% 0.00% 100.00% 28.69%
Healthcare
0.00% 0.00% 18.72% 60.45%
Financial Services
0.00% 0.00% 100.00% 71.93%
Energy
0.00% 0.00% 100.00% 22.75%
Communication Services
0.00% 0.00% 100.00% 71.52%
Consumer Defense
0.00% 0.00% 99.97% 61.89%
Consumer Cyclical
0.00% 0.00% 87.03% 4.30%
Basic Materials
0.00% 0.00% 100.00% 62.91%

Stock Geographic Breakdown

Weighting Return Low Return High OSICX % Rank
Non US
1.31% -0.10% 15.01% 32.03%
US
0.08% -12.98% 257.52% 50.59%

Bond Sector Breakdown

Weighting Return Low Return High OSICX % Rank
Government
24.35% 0.00% 99.43% 20.05%
Corporate
23.59% 0.00% 100.00% 70.38%
Cash & Equivalents
7.23% 0.00% 100.00% 57.93%
Securitized
5.82% 0.00% 97.82% 73.26%
Municipal
0.00% 0.00% 54.95% 65.01%
Derivative
-2.31% 0.00% 72.98% 4.46%

Bond Geographic Breakdown

Weighting Return Low Return High OSICX % Rank
US
52.88% -151.11% 427.75% 75.69%
Non US
35.57% -368.56% 121.47% 16.47%

OSICX - Expenses

Operational Fees

OSICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.81% 0.02% 6.46% 20.10%
Management Fee 0.60% 0.00% 2.29% 40.21%
12b-1 Fee 1.00% 0.00% 1.00% 88.05%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

OSICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.50% 62.50%

Trading Fees

OSICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

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.

OSICX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% 8.70%

OSICX - Distributions

Dividend Yield Analysis

OSICX Category Low Category High OSICX % Rank
Dividend Yield 4.76% 0.00% 38.83% 60.94%

Dividend Distribution Analysis

OSICX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

OSICX Category Low Category High OSICX % Rank
Net Income Ratio 2.03% -1.55% 11.51% 79.04%

Capital Gain Distribution Analysis

OSICX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Distributions History

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OSICX - Fund Manager Analysis

Managers

Christopher (Chris) Kelly


Start Date

Tenure

Tenure Rank

Jan 26, 2017

5.35

5.4%

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.

Hemant Baijal


Start Date

Tenure

Tenure Rank

Jan 24, 2018

4.35

4.4%

Hemant Baijal (lead manager), Portfolio Manager, who has been responsible for the Fund since 2019 and has been associated with Invesco and/or its affiliates since 2019. Prior to the commencement of the Fund’s operations, Mr. Baijal managed the predecessor fund since 2018 and was associated with OppenheimerFunds, a global asset management firm, since 2011. Hemant Baijal leads the Global Fixed Income team. He is the lead portfolio manager at Oppenheimer. 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 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 Category High Category Average Category Mode
0.04 28.02 5.49 3.03