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Invesco Global Strategic Income Fund
mutual fund
OSIYX
Payout Change
Pending
Price as of:
$3.11
-0.01
-0.32%
primary theme
N/A
share class
OSIYX (Mutual Fund)
Invesco Global Strategic Income Fund
Payout Change
Pending
Price as of:
$3.11
-0.01
-0.32%
primary theme
N/A
share class
OSIYX (Mutual Fund)
Invesco Global Strategic Income Fund
Payout Change
Pending
Price as of:
$3.11
-0.01
-0.32%
primary theme
N/A
share class
Name
As of 12/13/2024Price
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
Vitals
YTD Return
4.9%
1 yr return
5.9%
3 Yr Avg Return
0.5%
5 Yr Avg Return
0.5%
Net Assets
$1.59 B
Holdings in Top 10
66.3%
52 WEEK LOW AND HIGH
$3.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.81%
SALES FEES
Front Load N/A
Deferred Load N/A
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 12/13/2024Price
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
OSIYX - Profile
Distributions
- YTD Total Return 4.9%
- 3 Yr Annualized Total Return 0.5%
- 5 Yr Annualized Total Return 0.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.03%
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameInvesco Global Strategic Income Fund
-
Fund Family NameOppenheimerFunds
-
Inception DateJan 26, 1998
-
Shares OutstandingN/A
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher (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.
OSIYX - Performance
Return Ranking - Trailing
| Period | OSIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.9% | -21.2% | 17.7% | 96.07% |
| 1 Yr | 5.9% | -17.2% | 23.1% | 92.56% |
| 3 Yr | 0.5%* | -10.9% | 14.4% | 89.09% |
| 5 Yr | 0.5%* | -15.0% | 10.3% | 88.18% |
| 10 Yr | 1.9%* | -12.3% | 12.5% | 79.78% |
* Annualized
Return Ranking - Calendar
| Period | OSIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.3% | -26.6% | 25.7% | 92.87% |
| 2022 | -14.8% | -49.2% | 314.3% | 61.01% |
| 2021 | -6.1% | -35.1% | 16.7% | 37.01% |
| 2020 | 0.5% | -48.0% | 10.9% | 93.67% |
| 2019 | 5.6% | -14.8% | 11.2% | 47.45% |
Total Return Ranking - Trailing
| Period | OSIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.9% | -24.6% | 29.5% | 95.55% |
| 1 Yr | 5.9% | -17.2% | 38.5% | 83.88% |
| 3 Yr | 0.5%* | -12.6% | 14.4% | 87.95% |
| 5 Yr | 0.5%* | -16.0% | 10.3% | 86.98% |
| 10 Yr | 1.9%* | -12.9% | 12.5% | 76.88% |
* Annualized
Total Return Ranking - Calendar
| Period | OSIYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.3% | -26.6% | 25.7% | 92.87% |
| 2022 | -11.4% | -49.2% | 314.3% | 61.01% |
| 2021 | -2.3% | -35.1% | 16.7% | 37.50% |
| 2020 | 4.1% | -48.0% | 10.9% | 97.11% |
| 2019 | 11.4% | -14.8% | 15.2% | 65.49% |
NAV & Total Return History
OSIYX - Holdings
Concentration Analysis
| OSIYX | Category Low | Category High | OSIYX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.59 B | 100 | 133 B | 27.31% |
| Number of Holdings | 923 | 2 | 8096 | 22.88% |
| Net Assets in Top 10 | 1.04 B | -12.7 B | 15.3 B | 23.01% |
| Weighting of Top 10 | 66.31% | 4.3% | 100.0% | 29.23% |
Top 10 Holdings
- Government National Mortgage Association, TBA 21.59%
- Uniform Mortgage-Backed Securities, TBA 20.04%
- Brazil Notas do Tesouro Nacional, Class NTNF 5.42%
- Invesco Treasury Portfolio, Institutional Class 4.53%
- Invesco Private Prime Fund 3.07%
- Government National Mortgage Association 2.71%
- Invesco Government Agency Portfolio, Institutional Class 2.44%
- U.S. Treasury Bills 2.22%
- U.S. Treasury Bills 2.19%
- Peru Government Bond 2.09%
Asset Allocation
| Weighting | Return Low | Return High | OSIYX % Rank | |
|---|---|---|---|---|
| Bonds | 129.12% | -150.81% | 272.05% | 58.82% |
| Cash | 11.19% | -201.18% | 258.91% | 43.92% |
| Convertible Bonds | 3.05% | 0.00% | 33.50% | 29.67% |
| Stocks | 1.52% | -13.04% | 257.52% | 54.64% |
| Preferred Stocks | 0.00% | 0.00% | 31.29% | 87.84% |
| Other | -1.37% | -25.82% | 276.99% | 4.71% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | OSIYX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | 78.89% |
| Technology | 0.00% | 0.00% | 49.62% | 74.39% |
| Real Estate | 0.00% | 0.00% | 100.00% | 77.25% |
| Industrials | 0.00% | 0.00% | 100.00% | 29.10% |
| Healthcare | 0.00% | 0.00% | 18.72% | 75.00% |
| Financial Services | 0.00% | 0.00% | 100.00% | 81.76% |
| Energy | 0.00% | 0.00% | 100.00% | 23.16% |
| Communication Services | 0.00% | 0.00% | 100.00% | 83.20% |
| Consumer Defense | 0.00% | 0.00% | 99.97% | 75.82% |
| Consumer Cyclical | 0.00% | 0.00% | 87.03% | 4.71% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 76.02% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | OSIYX % Rank | |
|---|---|---|---|---|
| Non US | 1.42% | -0.10% | 15.01% | 33.33% |
| US | 0.11% | -12.98% | 257.52% | 51.11% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | OSIYX % Rank | |
|---|---|---|---|---|
| Government | 24.35% | 0.00% | 99.43% | 20.58% |
| Corporate | 23.59% | 0.00% | 100.00% | 70.90% |
| Cash & Equivalents | 11.19% | 0.00% | 100.00% | 58.45% |
| Securitized | 5.82% | 0.00% | 97.82% | 73.79% |
| Municipal | 0.00% | 0.00% | 54.95% | 81.65% |
| Derivative | -2.48% | 0.00% | 72.98% | 4.98% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | OSIYX % Rank | |
|---|---|---|---|---|
| US | 97.19% | -151.11% | 427.75% | 76.21% |
| Non US | 31.93% | -368.56% | 121.47% | 16.99% |
OSIYX - Expenses
Operational Fees
| OSIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.81% | 0.02% | 6.46% | 68.32% |
| Management Fee | 0.60% | 0.00% | 2.29% | 41.40% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
| OSIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| OSIYX 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.
| OSIYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 496.00% | 9.15% |
OSIYX - Distributions
Dividend Yield Analysis
| OSIYX | Category Low | Category High | OSIYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.73% | 0.00% | 38.83% | 84.45% |
Dividend Distribution Analysis
| OSIYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| OSIYX | Category Low | Category High | OSIYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.03% | -1.55% | 11.51% | 48.90% |
Capital Gain Distribution Analysis
| OSIYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.015 | OrdinaryDividend |
| Oct 31, 2024 | $0.015 | OrdinaryDividend |
| Sep 30, 2024 | $0.015 | OrdinaryDividend |
| Aug 30, 2024 | $0.015 | OrdinaryDividend |
| Jul 31, 2024 | $0.015 | OrdinaryDividend |
| Apr 30, 2024 | $0.015 | OrdinaryDividend |
| Mar 28, 2024 | $0.015 | OrdinaryDividend |
| Feb 29, 2024 | $0.015 | OrdinaryDividend |
| Jan 31, 2024 | $0.015 | OrdinaryDividend |
| Dec 29, 2023 | $0.015 | OrdinaryDividend |
| Nov 30, 2023 | $0.015 | OrdinaryDividend |
| Oct 31, 2023 | $0.015 | OrdinaryDividend |
| Sep 29, 2023 | $0.015 | OrdinaryDividend |
| Aug 31, 2023 | $0.015 | OrdinaryDividend |
| Jul 31, 2023 | $0.015 | OrdinaryDividend |
| Jun 30, 2023 | $0.014 | OrdinaryDividend |
| May 31, 2023 | $0.014 | OrdinaryDividend |
| Apr 28, 2023 | $0.013 | OrdinaryDividend |
| Mar 31, 2023 | $0.012 | OrdinaryDividend |
| Feb 28, 2023 | $0.012 | OrdinaryDividend |
| Jan 31, 2023 | $0.011 | OrdinaryDividend |
| Dec 30, 2022 | $0.011 | OrdinaryDividend |
| Nov 30, 2022 | $0.011 | OrdinaryDividend |
| Oct 31, 2022 | $0.010 | ReturnOfCapital |
| Sep 30, 2022 | $0.010 | ReturnOfCapital |
| Aug 31, 2022 | $0.010 | ReturnOfCapital |
| Jul 29, 2022 | $0.010 | ReturnOfCapital |
| Jun 30, 2022 | $0.009 | ReturnOfCapital |
| May 31, 2022 | $0.009 | ReturnOfCapital |
| Apr 29, 2022 | $0.009 | ReturnOfCapital |
| Mar 31, 2022 | $0.009 | ReturnOfCapital |
| Feb 28, 2022 | $0.009 | ReturnOfCapital |
| Jan 31, 2022 | $0.009 | ReturnOfCapital |
| Dec 31, 2021 | $0.009 | OrdinaryDividend |
| Nov 30, 2021 | $0.009 | OrdinaryDividend |
| Oct 29, 2021 | $0.009 | OrdinaryDividend |
| Sep 30, 2021 | $0.009 | OrdinaryDividend |
| Aug 31, 2021 | $0.009 | OrdinaryDividend |
| Jul 30, 2021 | $0.009 | OrdinaryDividend |
| Jun 30, 2021 | $0.009 | OrdinaryDividend |
| May 28, 2021 | $0.009 | OrdinaryDividend |
| Apr 30, 2021 | $0.009 | OrdinaryDividend |
| Mar 31, 2021 | $0.008 | OrdinaryDividend |
| Feb 26, 2021 | $0.008 | OrdinaryDividend |
| Jan 29, 2021 | $0.040 | OrdinaryDividend |
| Dec 31, 2020 | $0.008 | OrdinaryDividend |
| Nov 30, 2020 | $0.008 | OrdinaryDividend |
| Oct 30, 2020 | $0.008 | OrdinaryDividend |
| Sep 30, 2020 | $0.007 | OrdinaryDividend |
| Aug 31, 2020 | $0.008 | OrdinaryDividend |
| Jul 31, 2020 | $0.008 | OrdinaryDividend |
| Jun 30, 2020 | $0.008 | OrdinaryDividend |
| May 29, 2020 | $0.009 | OrdinaryDividend |
| Apr 30, 2020 | $0.010 | OrdinaryDividend |
| Mar 31, 2020 | $0.015 | OrdinaryDividend |
| Feb 28, 2020 | $0.011 | OrdinaryDividend |
| Jan 31, 2020 | $0.012 | OrdinaryDividend |
| Dec 31, 2019 | $0.012 | OrdinaryDividend |
| Nov 29, 2019 | $0.013 | OrdinaryDividend |
| Oct 31, 2019 | $0.012 | OrdinaryDividend |
| Sep 30, 2019 | $0.013 | OrdinaryDividend |
| Aug 30, 2019 | $0.012 | OrdinaryDividend |
| Jul 31, 2019 | $0.015 | OrdinaryDividend |
| Jan 03, 2012 | $0.056 | CapitalGainShortTerm |
| Jan 03, 2012 | $0.005 | CapitalGainLongTerm |
| Jan 03, 2011 | $0.011 | CapitalGainLongTerm |
| Dec 31, 2008 | $0.000 | CapitalGainLongTerm |
| Jan 02, 2008 | $0.044 | DailyAccrualFund |
OSIYX - 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 |
