Oppenheimer Global Strategic Inc Y (OSIYX - Free Report) a Zacks Rank #2 (Buy) seeks a high current income by investing mainly in debt securities. The fund invests 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 (junk bonds).

The Oppenheimer Global Strategic Inc Y fund, managed by Oppenheimer, carries an expense ratio of 0.77%.

OSIYX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 5.69%, 3 year 2.19% and 5 year 3.20%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

OSIYX’s performance, as of the last filing, when compared to funds in its category was in the top 29% in 1 year, top 48% over the past 3 years, and in the 33% over the past 5 years.