OPPENHEIMER STRATEGIC INCOME FUND
Supplement dated September 1, 1995, to the
Prospectus dated May 26, 1995
The Prospectus is changed as follows:
1. The supplement dated May 26, 1995 is no longer in effect.
2. The following text is added to the paragraph immediately following
the Class A sales charge table on page 30 of the Prospectus:
In addition to paying dealers the regular commission for
sales of Class A shares stated in the sales charge table on page
30 in "Class A Shares," and the commissions for Class B shares
described in the third paragraph in "Distribution and Service
Plan for Class B Shares" on page 35 of this Prospectus, the
Distributor will pay additional commission to each participating
broker, dealer and financial institution that has a sales
agreement with the Distributor (these are referred to as
"participating firms") for shares of the Fund sold in
"qualifying transactions" from September 1, 1995, through
November 30, 1995 (that period is referred to as the
"promotion"). The additional commission will be 0.50% of the
offering price of Class A shares and 0.50% of the offering price
of Class B shares of the Fund sold by a registered
representative or sales representative of a participating firm.
"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 offered) of any one or more of the following funds:
the Fund, Oppenheimer Global Fund, Oppenheimer Global Growth &
Income Fund, Oppenheimer Global Emerging Growth Fund,
Oppenheimer Growth Fund, Oppenheimer International Bond Fund,
Oppenheimer Limited-Term Government Fund, and Oppenheimer Main
Street Income & Growth Fund. The amount of additional
commissions paid on sales of shares of some of the other
Oppenheimer funds listed is different than the additional
commissions paid for sales of shares of the Fund. "Qualifying
transactions" do not include sales of Class A shares (a) at net
asset value without sales charge, or (b) subject to a contingent
deferred sales charge, or (c) intended but not yet transacted
under a Letter of Intent. However, if Class A shares of the
Fund or any of the other Oppenheimer funds listed above are
purchased at net asset value without sales charge during the promotion
with the proceeds of shares redeemed within the prior 12 months from
another mutual fund (other than a fund managed by Oppenheimer Management
Corporation or one of its subsidiaries) on which an initial sales charge
or contingent sales charge was paid, the amount of the purchase will count
toward the $100,000 qualifying amount described above (but not for the
payment of additional commission).
September 1, 1995
