NEW YORK, Oct. 4, 2012 /PRNewswire/ -- Monday, October 1, marked the 5 th anniversary of Oppenheimer Global Value Fund (Ticker: GLVAX), managed by Portfolio Manager Randall Dishmon. The Fund takes a long-term approach focused on global companies that trade at a price below their private market value. The long-term focus on paying the right price and seeking quality companies with durable advantages has delivered strong returns relative to its peers. Oppenheimer Global Value Fund (Class A shares) was ranked in the top 15% of the Morningstar World Stock category for the past 5 years (ranked 80 th out of 533 funds) as of 10/1/12, based on total return. 1 "Randy has achieved solid results via a disciplined approach to investing in a challenging environment," said George Evans, Director of Equities at OppenheimerFunds. "By focusing on quality companies that are priced well below their long-term value, Randy has been able to uncover opportunities from anywhere in the world for our shareholders. The Fund's performance record is a strong proof statement." Since inception (10/1/07), Oppenheimer Global Value Fund (Class A shares) has produced a 5.14% cumulative return and 1.01% average annualized return (without sales charges). By comparison, over the same period, the MSCI World Index (gross return), the Fund's benchmark, produced a cumulative return of -7.64 percent and average annualized return of -1.58 percent ( 10/01/07 through 09/28/12). 2 "Successful investing is about what you pay and what you get. We focus all of our attention on finding good businesses that are mispriced, often poorly understood, and out of favor with the herd. We value businesses. We tear them apart, understand them, try to understand the hearts and minds of the people running them and figure out what the businesses are worth to an informed buyer. That's how we make sure that what we get is worth far more than what we pay," said Randy Dishmon. "Long-term outperformance requires that you think differently, behave differently, and that you are right. That's what drives all of our efforts on the Global Value Fund. We look forward to continuing in our goal to provide successful investment results for our clients." The Fund's average annual total returns, including the 5.75% maximum applicable sales charge, for the 1-, 3- and 5-year periods ended 9/28/12, are 14.84%, 9.29% and -0.18%, respectively. The Fund's gross expense ratio is 1.41%.