OPPENHEIMER SERIES FUND INC
24F-2NT, 1998-09-02
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

1.    Name and address of issuer:
      Oppenheimer Series Fund, Inc.
      2 World Trade Center
      New York, New York 10048

2. Name of each series or class of  securities  for which this Form is filed (If
the Form is being  filed for all series and class of  securities  of the issuer,
check the box but do not list series or classes): / /

      Oppenheimer LifeSpan Balanced Fund  Class B Shares

3.  Investment  Company Act File Number : 811-3346  
    Securities  Act File Number:   2-75276

4(a). Last day of fiscal year for which this Form is filed: 6/12/98 (date ceased
operations)

4(b).  / / Check  box if this  Form is being  filed  late  (i.e.,  more  that 90
calendar days after the end of the issuer's fiscal year). (See instruction A.2)

4(c).  / / Check box if this is the last  time the  issuer  will be filing  this
Form.

5. Calculation of registration fee:

     (i) Aggregate sale price of securities sold during the fiscal year pursuant
to section 24(f): $ 1,651,878

     (ii)  Aggregate  price of  securities  redeemed or  repurchased  during the
fiscal year: $ 5,888,232

     (iii)Aggregate price of securities redeemed or repurchased during any prior
fiscal year  ending no earlier  than  October 11, 1995 that were not  previously
used to reduce registration fees payable to the Commission: $ -0-

     (iv) Total  available  redemption  credits [add items 5(ii) and 5(iii)]:  $
5,888,232




<PAGE>



     (v) Net sales - if Item 5(i) is  greater  than Item  5(iv)  [subtract  Item
5(iv) from Item 5(i)]: $ N/A

     (vi) Redemption  credits  available for use in future years -- if Item 5(i)
is less than Item 5(iv) [subtract Item 5(iv from Item 5(i)]: $ -0-

     (vii)Multiplier  for determining  registration fee (See Instructions  C.9):
x.000295

     (viii)Registration  fee due [multiple  Item 5(v) by Item 5(vii)] (enter "0"
if no fee is due): $ -0-

6.    Prepaid Shares:

      If the  response to Item 5(i) was  determined  by  deducting  an amount of
securities  that were  registered  under the  Securities Act of 1933 pursuant to
rule 24e-2 as in effect  before  October  11,  1997,  then  report the amount of
securities  (number of shares or other units)  deducted here: -0-. If there is a
number of shares or other  units  that were  registered  pursuant  to rule 24e-2
remaining unsold at the end of the fiscal year for which this form is filed that
are  available  for use by the issuer in future  fiscal  years,  then state that
number here: -0-.

7. Interest due:

     If this Form is being filed more than 90 days after the end of the issuer's
fiscal year (see Instruction D): N/A

8. Total of the amount of the  registration  fee due plus any interest due [line
5(viii) plus line 7]: $ -0-

9.  Date  the  registration  fee  and  any  interest  payment  was  sent  to the
Commission's lockbox depository:

      Method of Delivery:  N/A

                                  SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.

By:   /s/ Robert J. Bishop
      Robert J. Bishop, Assistant Treasurer

Date: August 31, 1998

cc:   Ron Feiman, Esq.
      Katherine P. Feld, Esq.
      Gloria LaFond






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