Rule 24f-2 Notice for Oppenheimer Integrity Funds
for the account of Oppenheimer Value Stock Fund
3410 South Galena Street, Denver, Colorado 80231
(Registration No. 2-76547, File No. 811-3420)
NOTICE IS HEREBY GIVEN that Oppenheimer Integrity Funds for the account
of Oppenheimer Value Stock Fund having previously filed by post-effective
amendment to its registration statement a declaration that an indefinite
number of its shares of beneficial interest were being registered pursuant
to Rule 24f-2 of the Investment Company Act of 1940, now elects to
continue such indefinite registration.
(i) This Notice is being filed for the fiscal year ended December 31,
1993.
(ii) Shares registered other than pursuant to this Rule that remained
unsold at the beginning of the above fiscal year were as follows:
Class A: 0 Class B: 0
(iii) Shares registered other than pursuant to this Rule during the above
fiscal year were as follows:
Class A: 0 Class B: 0
(iv) The number of shares sold during the above fiscal year were as
follows: (1)
Class A: 3,524,400 Class B: 357,108
(v) Shares sold during the above fiscal year in reliance upon
registration pursuant to this Rule were as follows:
Class A: 3,524,400 Class B: 357,108
Pursuant to the requirements of the Investment Company Act of 1940, the
undersigned registrant has caused this notice to be signed on its behalf
this 25th day of February, 1994.
Oppenheimer Integrity Funds
for the account of
Oppenheimer Value Stock Fund
By /s/ Robert G. Zack
-----------------------------------
Robert G. Zack, Assistant Secretary
__________________
(1) The calculation of the aggregate sales price is made pursuant to Rule
24f-2 of the Investment Company Act of 1940. Based upon an actual
aggregate sales price and redemption price for the respective class during
the previous fiscal year as shown below, the total filing fee is as given
below:
Difference
Value of Between Value
Value of Shares Sold & Value Filing
Shares Sold Redeemed Redeemed Fee
Class A $39,928,307 ($14,187,144) $25,741,163 $ 8,876
Class B $ 5,313,077 ($ 244,516) $ 5,068,561 $ 1,748
Total $10,624
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MYER, SWANSON & ADAMS, P.C.
Attorney At Law
The Colorado State Bank Building
1600 Broadway - Suite 1850
Denver, Colorado 80202-4918
Telephone (303) 866-9800
Facsimile (303) 866-9818
February 23, 1994
Oppenheimer Integrity Funds
3410 South Galena Street
Denver, Colorado 80231
Gentlemen:
In connection with the public offering of the no par value Class A and
Class B shares of the Oppenheimer Value Stock Fund series of Oppenheimer
Integrity Funds, a business trust organized under the laws of the
Commonwealth of Massachusetts (the "Trust"), as counsel for the Trust, we
have examined such records and documents and have made such further
investigation and examination as we deem necessary for the purpose of this
opinion.
As of the end of its fiscal year, the Trust was composed of two separate
series, the Oppenheimer Value Stock Fund and the Oppenheimer Investment
Grade Bond Fund. This opinion is rendered in connection with only the
Class A and Class B shares of the Oppenheimer Value Stock Fund series.
We are advised that during the period ending December 31, 1993, the
following shares of Class A and Class B shares of beneficial interest in
the Oppenheimer Value Stock Fund series of the Trust were sold in reliance
on the registration of an indefinite number of shares pursuant to Rule
24f-2 of the Investment Company Act of 1940:
Oppenheimer Value Stock Fund
Class A shares: 3,524,400
Class B shares: 357,108
It is our opinion that the said shares of beneficial interest in said
series sold by the Trust in reliance on Rule 24f-2 of the Investment
Company Act of 1940 are legally issued and, subject to the matters
mentioned in the next paragraph, fully paid and nonassessable by the
Trust.
Under Massachusetts law, shareholders of the Trust may, under certain
circumstances, be held personally liable as partners for the obligations
of the Trust. The Declaration of Trust does, however, contain an express
disclaimer of shareholder liability for acts or obligations of the Trust
and requires that notice of such disclaimer be given in each agreement,
obligation, or instrument entered into or executed by the Trust or the
Trustees. The Declaration of Trust provides for indemnification out of
the trust property of any shareholder held personally liable for the
obligations of the Trust. The Declaration of Trust also provides that the
Trust shall, upon request, assume the defense of any claim made against
any shareholder for any act or obligation of the Trust and satisfy any
judgment thereon.
Sincerely,
/s/ Allan B. Adams
Allan B. Adams
of MYER, SWANSON, & ADAMS, P.C.
