OPPENHEIMER INTEGRITY FUNDS
NSAR-B, 1998-02-26
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<PAGE>      PAGE  1
000 B000000 12/31/97
000 C000000 0000701265
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 OPPENHEIMER INTEGRITY FUNDS
001 B000000 811-3420
001 C000000 3037683200
002 A000000 6803 SOUTH TUCSON WAY
002 B000000 ENGLEWOOD
002 C000000 CO
002 D010000 80112
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C020500 OPPENHEIMER BOND FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C020700 OPPENHEIMER VALUE STOCK FUND
007 C030700 Y
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 BERNSTEIN (SANFORD C) & CO., INC.
020 B000001 13-2625874
020 C000001     23
020 A000002 FIRST BOSTON CORP (THE)
020 B000002 13-5659485
020 C000002     11
020 A000003 CONNING & CO.
020 B000003 06-0384081
020 C000003      8
020 A000004 INTERSTATE JOHNSON LANE CORP.
020 B000004 56-0276690
020 C000004      8
020 A000005 PAINEWEBBER, INC.
020 B000005 13-2638166
020 C000005      7
<PAGE>      PAGE  2
020 A000006 SCHRODER WERTHEIM & CO., INC.
020 B000006 13-2697272
020 C000006      6
020 A000007 DEUTSCHE BANK
020 B000007 13-2730828
020 C000007      5
020 A000008 NATHAN & LEWIS SECURITIES, INC.
020 B000008 13-3039201
020 C000008      5
020 A000009 DONALDSON, LUFKIN & JENRETTE
020 B000009 13-2741729
020 C000009      4
020 A000010 JP DUNLEVY
020 B000010 13-2919975
020 C000010      4
021  000000      108
022 A000001 ZION FIRST NATIONAL BANK
022 B000001 87-0189025
022 C000001    988200
022 D000001         0
022 A000002 SALOMON BROTHERS, INC.
022 B000002 13-3082694
022 C000002    361705
022 D000002    370970
022 A000003 MORGAN GUARANTY TRUST CO.
022 B000003 13-5123346
022 C000003    699800
022 D000003         0
022 A000004 PAINEWEBBER, INC.
022 B000004 13-2638166
022 C000004    584504
022 D000004      9722
022 A000005 LEHMAN BROTHERS, INC.
022 B000005 13-2518466
022 C000005    218992
022 D000005    148501
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
022 C000006    313711
022 D000006     17813
022 A000007 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
022 B000007 13-5674085
022 C000007     75656
022 D000007     58431
022 A000008 GREENWICH SECURITIES, INC.
022 B000008 13-2697091
022 C000008     38121
022 D000008     22414
022 A000009 MORGAN STANLEY & CO., INC.
022 B000009 13-2655998
022 C000009     32420
<PAGE>      PAGE  3
022 D000009     23248
022 A000010 BEAR STEARNS & CO., INC.
022 B000010 13-3299429
022 C000010     28440
022 D000010     26177
023 C000000    3435704
023 D000000     788711
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 Y
077 K000000 N
077 L000000 N
077 M000000 Y
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A00AA00 ICI MUTUAL INSURANCE
080 C00AA00    85000
081 A00AA00 Y
081 B00AA00  87
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
028 A010500      4062
028 A020500        -1
028 A030500         0
028 A040500      4507
028 B010500      5087
028 B020500       897
028 B030500         0
028 B040500      4034
028 C010500      4206
028 C020500       962
028 C030500         0
028 C040500      4091
<PAGE>      PAGE  4
028 D010500      4969
028 D020500       845
028 D030500         0
028 D040500      2981
028 E010500      7319
028 E020500       976
028 E030500         0
028 E040500      4369
028 F010500      7766
028 F020500      1901
028 F030500         0
028 F040500      5505
028 G010500     33409
028 G020500      5580
028 G030500         0
028 G040500     25487
028 H000500      8224
029  000500 Y
030 A000500    347
030 B000500  4.75
030 C000500  0.00
031 A000500    135
031 B000500      0
032  000500    212
033  000500      0
034  000500 Y
035  000500    159
036 A000500 N
036 B000500      0
042 A000500   0
042 B000500   0
042 C000500   0
042 D000500 100
042 E000500   0
042 F000500   0
042 G000500   0
042 H000500   0
043  000500    936
044  000500      0
045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.000
048 A010500   200000
048 A020500 0.750
048 B010500   200000
048 B020500 0.720
048 C010500   200000
048 C020500 0.690
048 D010500   200000
048 D020500 0.660
<PAGE>      PAGE  5
048 E010500   200000
048 E020500 0.600
048 F010500        0
048 F020500 0.000
048 G010500        0
048 G020500 0.000
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500  1000000
048 K020500 0.500
055 A000500 N
055 B000500 N
056  000500 N
057  000500 N
062 A000500 Y
062 B000500   0.0
062 C000500   0.0
062 D000500   2.1
062 E000500   0.0
062 F000500   0.0
062 G000500   0.0
062 H000500   0.0
062 I000500   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500  12.5
062 N000500  36.7
062 O000500   0.0
062 P000500  43.4
062 Q000500  19.4
062 R000500   1.4
063 A000500   0
063 B000500 19.8
064 A000500 Y
064 B000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 Y
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 Y
070 F010500 Y
<PAGE>      PAGE  6
070 F020500 N
070 G010500 Y
070 G020500 Y
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 Y
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 Y
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 Y
070 P020500 Y
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500    150141
071 B000500    134091
071 C000500    265346
071 D000500   51
072 A000500 12
072 B000500    19693
072 C000500      197
072 D000500        0
072 E000500        0
072 F000500     1752
072 G000500        0
072 H000500        0
072 I000500      412
072 J000500       50
072 K000500       72
072 L000500       83
072 M000500        7
072 N000500        0
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500       14
072 S000500        5
072 T000500      936
072 U000500        0
072 V000500        0
<PAGE>      PAGE  7
072 W000500       16
072 X000500     3347
072 Y000500        0
072 Z000500    16543
072AA000500     7099
072BB000500     4902
072CC010500     3665
072CC020500        0
072DD010500    13460
072DD020500     2655
072EE000500        0
073 A010500   0.7726
073 A020500   0.6893
073 B000500   0.0000
073 C000500   0.0000
074 A000500      390
074 B000500     5200
074 C000500        0
074 D000500   277938
074 E000500     3425
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500    16366
074 K000500        0
074 L000500     4041
074 M000500       26
074 N000500   307386
074 O000500    58015
074 P000500       47
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500     1175
074 S000500        0
074 T000500   248149
074 U010500    17383
074 U020500     4400
074 V010500    10.97
074 V020500    10.97
074 W000500   0.0000
074 X000500    16469
074 Y000500    47359
075 A000500        0
075 B000500   235031
076  000500     0.00
028 A010700      2648
028 A020700     23777
028 A030700         0
<PAGE>      PAGE  8
028 A040700      2626
028 B010700         0
028 B020700         0
028 B030700         0
028 B040700         0
028 C010700         0
028 C020700         0
028 C030700         0
028 C040700         0
028 D010700         0
028 D020700         0
028 D030700         0
028 D040700         0
028 E010700         0
028 E020700         0
028 E030700         0
028 E040700         0
028 F010700         0
028 F020700         0
028 F030700         0
028 F040700         0
028 G010700      2648
028 G020700     23777
028 G030700         0
028 G040700      2626
028 H000700       766
029  000700 Y
030 A000700    229
030 B000700  5.75
030 C000700  0.00
031 A000700     96
031 B000700      0
032  000700    133
033  000700      0
034  000700 Y
035  000700     36
036 A000700 N
036 B000700      0
042 A000700   0
042 B000700   0
042 C000700   0
042 D000700 100
042 E000700   0
042 F000700   0
042 G000700   0
042 H000700   0
043  000700    499
044  000700      0
045  000700 Y
046  000700 N
047  000700 Y
<PAGE>      PAGE  9
048  000700  0.000
048 A010700   100000
048 A020700 0.750
048 B010700   200000
048 B020700 0.720
048 C010700   200000
048 C020700 0.690
048 D010700        0
048 D020700 0.000
048 E010700        0
048 E020700 0.000
048 F010700        0
048 F020700 0.000
048 G010700        0
048 G020700 0.000
048 H010700        0
048 H020700 0.000
048 I010700        0
048 I020700 0.000
048 J010700        0
048 J020700 0.000
048 K010700   500000
048 K020700 0.660
055 A000700 Y
055 B000700 N
056  000700 N
057  000700 N
062 A000700 N
062 B000700   0.0
062 C000700   0.0
062 D000700   0.0
062 E000700   0.0
062 F000700   0.0
062 G000700   0.0
062 H000700   0.0
062 I000700   0.0
062 J000700   0.0
062 K000700   0.0
062 L000700   0.0
062 M000700   0.0
062 N000700   0.0
062 O000700   0.0
062 P000700   0.0
062 Q000700   0.0
062 R000700   0.0
063 A000700   0
063 B000700  0.0
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
<PAGE>      PAGE  10
070 C010700 N
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 N
070 M010700 Y
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700     26469
071 B000700     54915
071 C000700    193616
071 D000700   14
072 A000700  7
072 B000700      474
072 C000700     2559
072 D000700        0
072 E000700        0
072 F000700      873
072 G000700        0
072 H000700        0
072 I000700      188
072 J000700       10
072 K000700       37
072 L000700       43
072 M000700        4
072 N000700        0
072 O000700       52
<PAGE>      PAGE  11
072 P000700        0
072 Q000700        0
072 R000700        1
072 S000700       14
072 T000700      499
072 U000700        0
072 V000700        0
072 W000700        7
072 X000700     1728
072 Y000700        0
072 Z000700     1305
072AA000700    28275
072BB000700      250
072CC010700    13425
072CC020700        0
072DD010700     1267
072DD020700      170
072EE000700    29637
073 A010700   0.1697
073 A020700   0.0784
073 B000700   2.9862
073 C000700   0.0000
074 A000700      287
074 B000700    23500
074 C000700    26964
074 D000700        0
074 E000700        0
074 F000700   193090
074 G000700        0
074 H000700        0
074 I000700        0
074 J000700        0
074 K000700        0
074 L000700      307
074 M000700        5
074 N000700   244153
074 O000700        0
074 P000700        0
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700    30329
074 S000700        0
074 T000700   213824
074 U010700     8293
074 U020700     2574
074 V010700    21.58
074 V020700    21.41
074 W000700   0.0000
074 X000700        0
<PAGE>      PAGE  12
074 Y000700        0
075 A000700        0
075 B000700   208205
076  000700     0.00
SIGNATURE   GEORGE C. BOWEN                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK>                701265
<NAME>               OPPENHEIMER BOND FUND-A
<SERIES>
   <NUMBER>          5
   <NAME>            OPPENHEIMER INTEGRITY FUNDS
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           12-MOS
<FISCAL-YEAR-END>                                                       DEC-31-1997
<PERIOD-START>                                                          JAN-01-1997
<PERIOD-END>                                                            JUN-30-1997
<INVESTMENTS-AT-COST>                                                                           0
<INVESTMENTS-AT-VALUE>                                                                286,563,209
<RECEIVABLES>                                                                          20,626,764
<ASSETS-OTHER>                                                                                  0
<OTHER-ITEMS-ASSETS>                                                                     (133,610)
<TOTAL-ASSETS>                                                                        307,056,362
<PAYABLE-FOR-SECURITIES>                                                               57,628,238
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                                       0
<TOTAL-LIABILITIES>                                                                    64,771,785
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              227,583,755
<SHARES-COMMON-STOCK>                                                                  17,130,577
<SHARES-COMMON-PRIOR>                                                                  18,089,841
<ACCUMULATED-NII-CURRENT>                                                                  39,270
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                (4,074,517)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                5,358,470
<NET-ASSETS>                                                                          183,378,529
<DIVIDEND-INCOME>                                                                         100,450
<INTEREST-INCOME>                                                                       9,890,862
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,629,892
<NET-INVESTMENT-INCOME>                                                                 8,361,420
<REALIZED-GAINS-CURRENT>                                                                   71,671
<APPREC-INCREASE-CURRENT>                                                                  50,440
<NET-CHANGE-FROM-OPS>                                                                   8,483,531
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                               6,888,584
<DISTRIBUTIONS-OF-GAINS>                                                                        0
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 1,131,530
<NUMBER-OF-SHARES-REDEEMED>                                                             2,512,838
<SHARES-REINVESTED>                                                                       422,044
<NET-CHANGE-IN-ASSETS>                                                                 (7,754,810)
<ACCUMULATED-NII-PRIOR>                                                                         0
<ACCUMULATED-GAINS-PRIOR>                                                              (4,146,188)
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     863,144
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,629,892
<AVERAGE-NET-ASSETS>                                                                  189,374,781
<PER-SHARE-NAV-BEGIN>                                                                          10.70
<PER-SHARE-NII>                                                                                 0.39
<PER-SHARE-GAIN-APPREC>                                                                         0.00
<PER-SHARE-DIVIDEND>                                                                            0.39
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            10.70
<EXPENSE-RATIO>                                                                                 1.27
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK>                701265
<NAME>               OPPENHEIMER BOND FUND-B
<SERIES>
   <NUMBER>          5
   <NAME>            OPPENHEIMER INTEGRITY FUNDS
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       DEC-31-1997
<PERIOD-START>                                                          JAN-01-1997
<PERIOD-END>                                                            JUN-30-1997
<INVESTMENTS-AT-COST>                                                                 271,321,353
<INVESTMENTS-AT-VALUE>                                                                276,840,642
<RECEIVABLES>                                                                          16,834,522
<ASSETS-OTHER>                                                                              3,599
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                        293,678,763
<PAYABLE-FOR-SECURITIES>                                                               63,125,160
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,646,625
<TOTAL-LIABILITIES>                                                                    64,771,785
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              227,583,755
<SHARES-COMMON-STOCK>                                                                   3,750,747
<SHARES-COMMON-PRIOR>                                                                   3,630,498
<ACCUMULATED-NII-CURRENT>                                                                  39,270
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                (4,074,517)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                5,358,470
<NET-ASSETS>                                                                           40,138,033
<DIVIDEND-INCOME>                                                                         100,450
<INTEREST-INCOME>                                                                       9,890,862
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,629,892
<NET-INVESTMENT-INCOME>                                                                 8,361,420
<REALIZED-GAINS-CURRENT>                                                                   71,671
<APPREC-INCREASE-CURRENT>                                                                  50,440
<NET-CHANGE-FROM-OPS>                                                                   8,483,531
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                               1,275,135
<DISTRIBUTIONS-OF-GAINS>                                                                        0
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   574,859
<NUMBER-OF-SHARES-REDEEMED>                                                               536,072
<SHARES-REINVESTED>                                                                        81,462
<NET-CHANGE-IN-ASSETS>                                                                 (7,754,810)
<ACCUMULATED-NII-PRIOR>                                                                         0
<ACCUMULATED-GAINS-PRIOR>                                                              (4,146,188)
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     863,144
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,629,892
<AVERAGE-NET-ASSETS>                                                                   39,138,571
<PER-SHARE-NAV-BEGIN>                                                                          10.69
<PER-SHARE-NII>                                                                                 0.35
<PER-SHARE-GAIN-APPREC>                                                                         0.01
<PER-SHARE-DIVIDEND>                                                                            0.35
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            10.70
<EXPENSE-RATIO>                                                                                 2.02
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK>                701265
<NAME>               OPPENHEIMER BOND FUND-C
<SERIES>
   <NUMBER>          5
   <NAME>            OPPENHEIMER INTEGRITY FUNDS
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       DEC-31-1997
<PERIOD-START>                                                          JAN-01-1997
<PERIOD-END>                                                            JUN-30-1997
<INVESTMENTS-AT-COST>                                                                 271,321,353
<INVESTMENTS-AT-VALUE>                                                                276,840,642
<RECEIVABLES>                                                                          16,834,522
<ASSETS-OTHER>                                                                              3,599
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                        293,678,763
<PAYABLE-FOR-SECURITIES>                                                               63,125,160
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,646,625
<TOTAL-LIABILITIES>                                                                    64,771,785
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              227,583,755
<SHARES-COMMON-STOCK>                                                                     503,300
<SHARES-COMMON-PRIOR>                                                                     403,745
<ACCUMULATED-NII-CURRENT>                                                                  39,270
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                (4,074,517)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                5,358,470
<NET-ASSETS>                                                                            5,390,416
<DIVIDEND-INCOME>                                                                         100,450
<INTEREST-INCOME>                                                                       9,890,862
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,629,892
<NET-INVESTMENT-INCOME>                                                                 8,361,420
<REALIZED-GAINS-CURRENT>                                                                   71,671
<APPREC-INCREASE-CURRENT>                                                                  50,440
<NET-CHANGE-FROM-OPS>                                                                   8,483,531
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 158,431
<DISTRIBUTIONS-OF-GAINS>                                                                        0
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   155,245
<NUMBER-OF-SHARES-REDEEMED>                                                                66,474
<SHARES-REINVESTED>                                                                        10,784
<NET-CHANGE-IN-ASSETS>                                                                 (7,754,810)
<ACCUMULATED-NII-PRIOR>                                                                         0
<ACCUMULATED-GAINS-PRIOR>                                                              (4,146,188)
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     863,144
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,629,892
<AVERAGE-NET-ASSETS>                                                                    4,881,114
<PER-SHARE-NAV-BEGIN>                                                                          10.70
<PER-SHARE-NII>                                                                                 0.35
<PER-SHARE-GAIN-APPREC>                                                                         0.01
<PER-SHARE-DIVIDEND>                                                                            0.35
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            10.71
<EXPENSE-RATIO>                                                                                 2.02
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK>                701265
<NAME>               OPPENHEIMER VALUE STOCK FUND - CLASS A
<SERIES>
   <NUMBER>          7
   <NAME>            OPPENHEIMER INTEGRITY FUNDS
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           7-MOS
<FISCAL-YEAR-END>                                                       DEC-31-1997
<PERIOD-START>                                                          JAN-01-1997
<PERIOD-END>                                                            JUL-24-1997
<INVESTMENTS-AT-COST>                                                                 164,424,032
<INVESTMENTS-AT-VALUE>                                                                243,554,606
<RECEIVABLES>                                                                             306,647
<ASSETS-OTHER>                                                                              4,667
<OTHER-ITEMS-ASSETS>                                                                      286,792
<TOTAL-ASSETS>                                                                        244,152,712
<PAYABLE-FOR-SECURITIES>                                                                        0
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              30,328,370
<TOTAL-LIABILITIES>                                                                    30,328,370
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              134,761,521
<SHARES-COMMON-STOCK>                                                                   8,292,541
<SHARES-COMMON-PRIOR>                                                                   7,286,952
<ACCUMULATED-NII-CURRENT>                                                                 (67,513)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                         0
<OVERDISTRIBUTION-GAINS>                                                                      240
<ACCUM-APPREC-OR-DEPREC>                                                               79,130,574
<NET-ASSETS>                                                                          178,988,995
<DIVIDEND-INCOME>                                                                       2,558,934
<INTEREST-INCOME>                                                                         473,670
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,727,797
<NET-INVESTMENT-INCOME>                                                                 1,304,807
<REALIZED-GAINS-CURRENT>                                                               28,025,217
<APPREC-INCREASE-CURRENT>                                                              13,425,030
<NET-CHANGE-FROM-OPS>                                                                  42,755,053
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                               1,267,246
<DISTRIBUTIONS-OF-GAINS>                                                               22,424,172
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   750,901
<NUMBER-OF-SHARES-REDEEMED>                                                               560,784
<SHARES-REINVESTED>                                                                       815,472
<NET-CHANGE-IN-ASSETS>                                                                 47,449,978
<ACCUMULATED-NII-PRIOR>                                                                    23,659
<ACCUMULATED-GAINS-PRIOR>                                                               1,614,614
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     873,016
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,727,797
<AVERAGE-NET-ASSETS>                                                                  160,383,960
<PER-SHARE-NAV-BEGIN>                                                                          20.33
<PER-SHARE-NII>                                                                                 0.16
<PER-SHARE-GAIN-APPREC>                                                                         4.25
<PER-SHARE-DIVIDEND>                                                                            0.17
<PER-SHARE-DISTRIBUTIONS>                                                                       2.99
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            21.58
<EXPENSE-RATIO>                                                                                 1.25
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK>                701265
<NAME>               OPPENHEIMER VALUE STOCK FUND - CLASS B
<SERIES>
   <NUMBER>          7
   <NAME>            OPPENHEIMER INTEGRITY FUNDS
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           7-MOS
<FISCAL-YEAR-END>                                                       DEC-31-1997
<PERIOD-START>                                                          JAN-01-1997
<PERIOD-END>                                                            JUL-24-1997
<INVESTMENTS-AT-COST>                                                                 164,424,032
<INVESTMENTS-AT-VALUE>                                                                243,554,606
<RECEIVABLES>                                                                             306,647
<ASSETS-OTHER>                                                                              4,667
<OTHER-ITEMS-ASSETS>                                                                      286,792
<TOTAL-ASSETS>                                                                        244,152,712
<PAYABLE-FOR-SECURITIES>                                                                        0
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              30,328,370
<TOTAL-LIABILITIES>                                                                    30,328,370
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              134,761,521
<SHARES-COMMON-STOCK>                                                                   2,574,185
<SHARES-COMMON-PRIOR>                                                                   1,988,443
<ACCUMULATED-NII-CURRENT>                                                                 (67,513)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                         0
<OVERDISTRIBUTION-GAINS>                                                                      240
<ACCUM-APPREC-OR-DEPREC>                                                               79,130,574
<NET-ASSETS>                                                                           55,109,220
<DIVIDEND-INCOME>                                                                       2,558,934
<INTEREST-INCOME>                                                                         473,670
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,727,797
<NET-INVESTMENT-INCOME>                                                                 1,304,807
<REALIZED-GAINS-CURRENT>                                                               28,025,217
<APPREC-INCREASE-CURRENT>                                                              13,425,030
<NET-CHANGE-FROM-OPS>                                                                  42,755,053
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 170,735
<DISTRIBUTIONS-OF-GAINS>                                                                6,787,231
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   497,933
<NUMBER-OF-SHARES-REDEEMED>                                                               218,517
<SHARES-REINVESTED>                                                                       306,326
<NET-CHANGE-IN-ASSETS>                                                                 47,449,978
<ACCUMULATED-NII-PRIOR>                                                                    23,659
<ACCUMULATED-GAINS-PRIOR>                                                               1,614,614
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     873,016
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,727,797
<AVERAGE-NET-ASSETS>                                                                   45,302,685
<PER-SHARE-NAV-BEGIN>                                                                          20.19
<PER-SHARE-NII>                                                                                 0.08
<PER-SHARE-GAIN-APPREC>                                                                         4.21
<PER-SHARE-DIVIDEND>                                                                            0.08
<PER-SHARE-DISTRIBUTIONS>                                                                       2.99
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            21.41
<EXPENSE-RATIO>                                                                                 2.04
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK>                701265
<NAME>               OPPENHEIMER VALUE STOCK FUND - CLASS C
<SERIES>
   <NUMBER>          7
   <NAME>            OPPENHEIMER INTEGRITY FUNDS
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           7-MOS
<FISCAL-YEAR-END>                                                       DEC-31-1997
<PERIOD-START>                                                          JAN-01-1997
<PERIOD-END>                                                            JUL-24-1997
<INVESTMENTS-AT-COST>                                                                 164,424,032
<INVESTMENTS-AT-VALUE>                                                                243,554,606
<RECEIVABLES>                                                                             306,647
<ASSETS-OTHER>                                                                              4,667
<OTHER-ITEMS-ASSETS>                                                                      286,792
<TOTAL-ASSETS>                                                                        244,152,712
<PAYABLE-FOR-SECURITIES>                                                                        0
<SENIOR-LONG-TERM-DEBT>                                                                30,328,370
<OTHER-ITEMS-LIABILITIES>                                                              30,328,370
<TOTAL-LIABILITIES>                                                                       307,317
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              134,761,521
<SHARES-COMMON-STOCK>                                                                     162,027
<SHARES-COMMON-PRIOR>                                                                      91,685
<ACCUMULATED-NII-CURRENT>                                                                 (67,513)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                         0
<OVERDISTRIBUTION-GAINS>                                                                      240
<ACCUM-APPREC-OR-DEPREC>                                                               79,130,574
<NET-ASSETS>                                                                            3,478,897
<DIVIDEND-INCOME>                                                                       2,558,934
<INTEREST-INCOME>                                                                         473,670
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,727,797
<NET-INVESTMENT-INCOME>                                                                 1,304,807
<REALIZED-GAINS-CURRENT>                                                               28,025,217
<APPREC-INCREASE-CURRENT>                                                              13,425,030
<NET-CHANGE-FROM-OPS>                                                                  42,755,053
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                  10,009
<DISTRIBUTIONS-OF-GAINS>                                                                  425,245
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                    61,943
<NUMBER-OF-SHARES-REDEEMED>                                                                11,423
<SHARES-REINVESTED>                                                                        19,822
<NET-CHANGE-IN-ASSETS>                                                                 47,449,978
<ACCUMULATED-NII-PRIOR>                                                                    23,659
<ACCUMULATED-GAINS-PRIOR>                                                               1,614,614
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     873,016
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,727,797
<AVERAGE-NET-ASSETS>                                                                    2,518,128
<PER-SHARE-NAV-BEGIN>                                                                          20.24
<PER-SHARE-NII>                                                                                 0.09
<PER-SHARE-GAIN-APPREC>                                                                         4.21
<PER-SHARE-DIVIDEND>                                                                            0.08
<PER-SHARE-DISTRIBUTIONS>                                                                       2.99
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            21.47
<EXPENSE-RATIO>                                                                                 2.07
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

INDEPENDENT AUDITORS' REPORT


To the Board of Trustees of
Oppenheimer Bond Fund:

In planning and performing our audit of the financial  statements of Oppenheimer
Bond Fund (Fund) for the year ended  December  31, 1997 (on which we have issued
our report  dated  January  23,  1998),  we  considered  its  internal  control,
including control activities for safeguarding securities,  in order to determine
our  auditing  procedures  for the  purpose  of  expressing  our  opinion on the
financial  statements and to comply with the  requirements of Form N-SAR, not to
provide assurance on the Fund's internal control.

The  management of the Fund is  responsible  for  establishing  and  maintaining
internal control. In fulfilling this responsibility,  estimates and judgments by
management  are  required to assess the expected  benefits and related  costs of
control.  Generally,  controls  that are  relevant  to an audit  pertain  to the
entity's objective of preparing financial  statements for external purposes that
are  fairly   presented  in  conformity  with  generally   accepted   accounting
principles.   Those  controls   include  the   safeguarding  of  assets  against
unauthorized acquisition, use, or disposition.

Because of inherent  limitations  in any internal  control,  errors or fraud may
occur and not be  detected.  Also,  projection  of any  evaluation  of  internal
control to future  periods is subject to the risk that it may become  inadequate
because of changes in  conditions  or that the  effectiveness  of the design and
operation may deteriorate.

Our consideration of the Fund's internal control would not necessarily  disclose
all  matters  in  internal  control  that  might be  material  weaknesses  under
standards established by the American Institute of Certified Public Accountants.
A material  weakness is a condition  in which the design or  operation of one or
more of the internal  control  components  does not reduce to a  relatively  low
level the risk  that  errors  or fraud in  amounts  that  would be  material  in
relation to the financial statements being audited may occur and not be detected
within a timely  period by employees in the normal  course of  performing  their
assigned  functions.  However, we noted no matters involving the Fund's internal
control, including controls for safeguarding securities,  that we consider to be
material weaknesses as defined above as of December 31, 1997.

This report is intended solely for the  information  and use of management,  the
Board of Trustees and the Securities and Exchange Commission.





January 23, 1998



The Fund adjusts the classification of distributions to shareholders to
reflect the differences between financial statement amounts and distributions
determined in accordance with income tax regulations. Accordingly, during the
year ended December 31, 1997, amounts have been reclassified to reflect a
decrease in undistributed net investment income of $32,669, an increase in
accumulated net realized loss of $870,459 and an increase in paid-in capital of
$903,128.

ACQUISITION OF OPPENHEIMER VALUE STOCK FUND

On July 25, 1997, Oppenheimer Disciplined Value Fund acquired all the net assets
of Oppenheimer Value Stock, pursuant to an agreement and plan of reorganization
approved by the Oppenheimer Value Stock Fund shareholders on July 21, 1997. The
Fund issued 7,652,373, 2,351,076 and 150,017 shares of beneficial interest for
Class A, Class B and Class C, respectively, valued at $178,988,994, $55,109,219,
and $3,478,897, in exchange for the net assets, resulting in combined Class A
net assets of $356,598,856, Class B net assets of $74,391,341 and Class C net
assets of $8,707,171 on July 25, 1997. The net assets acquired included net
unrealized appreciation of $79,130,574. The exchange qualified as a tax-free
reorganization for federal income tax purposes.


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