OPPENHEIMER STRATEGIC INCOME FUND
Supplement dated June 27, 1994 to the
Prospectus dated February 1, 1994
The Prospectus is amended by adding the following text directly below
the Class A sales charge table in "Class A Shares" on page 16 of the
Prospectus:
In addition to paying dealers the regular commission for
sales of Class A shares stated in the sales charge table in
"Class A Shares," and the commission for sales of Class B shares
described in the third paragraph in "Class B Distribution and
Service Plan" on page 20, below, the Distributor will pay the
following additional commission for shares of the Fund sold in
"qualifying transactions" from June 27, 1994, through August 31,
1994: (1) .75% of the offering price of Class A shares and (2)
.50% of the offering price of Class B shares sold by a
registered representative of a participating broker or a dealer
or a sales representative of a participating financial
institution that has a sales agreement with the Distributor.
"Qualifying transactions" are sales by a registered
representative or sales representative in the amount of $100,000
or more (calculated at offering price) of Class A and/or Class
B shares (if available) of any one or more of the following
OppenheimerFunds: the Fund, Oppenheimer Champion High Yield
Fund, Oppenheimer High Yield Fund, Oppenheimer Global Fund,
Oppenheimer Discovery Fund, Oppenheimer Main Street Income &
Growth Fund, Oppenheimer Total Return Fund, Inc. and Oppenheimer
Limited-Term Government Fund. "Qualifying transactions" do not
include sales of Class A shares (a) at net asset value without
sales charge, (b) subject to a contingent deferred sales charge,
or (c) intended under a Letter of Intent.
June 27, 1994 PS231
