A fishing lure consists of a hook and at least one bladed member having an aperture for slidably mounting the bladed member along the shank of the hook. The bladed member enables an oscillating-type swimming motion of the lure when the lure is retrieved by an angler. The shank comprises a generally acute-angle bend located substantially away from both the eyelet and the hook point, such that the inner edge of the aperture of the bladed member is hydrodynamically confined within the acute-angle bend during retrieval of the lure, thus preventing the oscillating movement of the bladed member from interfering with an adjacent lure component. Alternatively, a permanent or removable spacer member can be used to constrain the bladed member along a predetermined section of the hook shank. The resulting oscillating movement of the bladed member creates a unique and more lifelike swimming motion of the lure.