OPPENHEIMER VARIABLE ACCOUNT FUNDS
NSAR-A, 1996-08-29
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<PAGE>      PAGE  1
000 A000000 06/30/96
000 C000000 0000752737
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 VARIABLE ACCOUNT FUNDS
001 B000000 811-4108
001 C000000 3036713200
002 A000000 3410 SOUTH GALENA STREET
002 B000000 DENVER
002 C000000 CO
002 D010000 80231
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  9
007 C010100  1
007 C020100 OPPENHEIMER MONEY FUND
007 C030100 N
007 C010200  2
007 C020200 OPPENHEIMER BOND FUND
007 C030200 N
007 C010300  3
007 C020300 OPPENHEIMER GROWTH FUND
007 C030300 N
007 C010400  4
007 C020400 OPPENHEIMER HIGH INCOME FUND
007 C030400 N
007 C010500  5
007 C020500 OPPENHEIMER CAPTIAL APPRECIATION FUND
007 C030500 N
007 C010600  6
007 C020600 OPPENHEIMER MULTIPLE STRATEGIES FUND
007 C030600 N
007 C010700  7
007 C020700 OPPENHEIMER GLOBAL SECURITIES FUND
007 C030700 N
007 C010800  8
007 C020800 OPPENHEIMER STRATEGIC BOND FUND
007 C030800 N
007 C010900  9
007 C020900 OPPENHEIMER GROWTH & INCOME FUND
007 C030900 N
007 C011000 10
012 A00AA01 OPPENHEIMERFUNDS SERVICES
<PAGE>      PAGE  2
012 B00AA01 84-907
012 C01AA01 DENVER
012 C02AA01 CO
012 C03AA01 80217
020 A000001 SALOMON BROTHERS, INC.
020 B000001 13-3082694
020 C000001   7536
020 A000002 ZION FIRST NATIONAL BANK
020 B000002 87-0189025
020 C000002   2372
020 A000003 MORGAN GUARANTY TRUST CO.
020 B000003 13-5123346
020 C000003   1939
020 A000004 PAINEWEBBER, INC.
020 B000004 13-2638166
020 C000004   1860
020 A000005 FIRST CHICAGO CAPITAL MARKET
020 B000005 36-3595942
020 C000005   1740
020 A000006 CANADIAN IMPERIAL BANK OF COMMERCE
020 B000006 FOREIGN
020 C000006    424
020 A000007 GOLDMAN, SACHS & CO.
020 B000007 13-5108880
020 C000007    403
020 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000008 13-5674085
020 C000008    319
020 A000009 MORGAN STANLEY & CO., INC.
020 B000009 13-2655998
020 C000009    314
020 A000010 SMITH BARNEY, HARRIS UPHAM & CO., INC.
020 B000010 13-3371860
020 C000010    241
021  000000    21659
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001    131880
022 D000001     67460
022 A000002 LEHMAN BROTHERS, INC.
022 B000002 13-2518466
022 C000002    147052
022 D000002     35817
022 A000003 SMITH BARNEY, HARRIS UPHAM & CO., INC.
022 B000003 13-3371860
022 C000003    145629
022 D000003     12570
022 A000004 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000004 13-5674085
022 C000004    104296
022 D000004     21715
<PAGE>      PAGE  3
022 A000005 SALOMON BROTHERS, INC.
022 B000005 13-3082694
022 C000005     83780
022 D000005     28282
022 A000006 MORGAN STANLEY & CO., INC.
022 B000006 13-2655998
022 C000006     69797
022 D000006     35065
022 A000007 BEAR SECURITIES CORP.
022 B000007 13-3299429
022 C000007     43164
022 D000007     23389
022 A000008 DONALDSON, LUFKIN & JENRETTE SECURITIES, CORP
022 B000008 13-2741729
022 C000008     34229
022 D000008     28321
022 A000009 FIRST BOSTON CORP. (THE)
022 B000009 13-5659485
022 C000009     37628
022 D000009      9198
022 A000010 SWISS BANK CORP. INVESTMENT BANKING, INC.
022 B000010 13-2639550
022 C000010     23074
022 D000010     18157
023 C000000    1628797
023 D000000     708183
077 A000000 N
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
070 J020100 Y
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
028 C040200      3864
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<PAGE>      PAGE  8
062 H000200   0.0
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070 A010200 Y
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070 I020200 N
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
028 H000300         0
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070 E020300 N
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
062 Q000400  14.4
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
057  000500 N
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070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
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 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
<PAGE>      PAGE  19
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500    232546
071 B000500    191854
071 C000500    351423
071 D000500   55
072 A000500  6
072 B000500     1540
072 C000500      107
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072 E000500        0
072 F000500     1465
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072 H000500        0
072 I000500        0
072 J000500       24
072 K000500        0
072 L000500        0
072 M000500        2
072 N000500       31
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072 P000500        0
072 Q000500        0
072 R000500        5
072 S000500        2
072 T000500        0
072 U000500        0
072 V000500        0
072 W000500        3
072 X000500     1532
072 Y000500        0
072 Z000500      115
072AA000500    44346
072BB000500    20162
072CC010500    42038
072CC020500        0
072DD010500     1133
072DD020500        0
072EE000500    21289
073 A010500   0.1100
073 A020500   0.0000
073 B000500   2.0670
073 C000500   0.0000
074 A000500     1171
074 B000500    87800
074 C000500    10000
074 D000500     3138
074 E000500        0
074 F000500   395130
<PAGE>      PAGE  20
074 G000500        0
074 H000500      371
074 I000500        0
074 J000500     3905
074 K000500        0
074 L000500     1468
074 M000500        7
074 N000500   502990
074 O000500    16011
074 P000500        0
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500      107
074 S000500        0
074 T000500   486872
074 U010500    12714
074 U020500        0
074 V010500    38.29
074 V020500     0.00
074 W000500   0.0000
074 X000500        0
074 Y000500        0
075 A000500        0
075 B000500   402843
076  000500     0.00
028 A010600      7550
028 A020600         0
028 A030600         0
028 A040600      4791
028 B010600      8485
028 B020600         0
028 B030600         0
028 B040600      4538
028 C010600      7521
028 C020600     13305
028 C030600         0
028 C040600      3257
028 D010600      6074
028 D020600         0
028 D030600         0
028 D040600      7088
028 E010600      5083
028 E020600         0
028 E030600         0
028 E040600      3138
028 F010600      6798
028 F020600      7044
028 F030600         0
028 F040600      2277
<PAGE>      PAGE  21
028 G010600     41511
028 G020600     20349
028 G030600         0
028 G040600     25089
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062 A000600 N
062 B000600   0.0
062 C000600   0.0
062 D000600   0.0
062 E000600   0.0
062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
062 I000600   0.0
062 J000600   0.0
062 K000600   0.0
062 L000600   0.0
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062 N000600   0.0
062 O000600   0.0
062 P000600   0.0
062 Q000600   0.0
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070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 Y
070 C010600 N
070 C020600 N
070 D010600 Y
070 D020600 Y
070 E010600 N
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 N
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 Y
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 Y
070 N010600 Y
070 N020600 N
<PAGE>      PAGE  22
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 Y
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600     76724
071 B000600     53524
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072 K000600        0
072 L000600        0
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072 N000600       15
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072 Q000600        0
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072 S000600        4
072 T000600        0
072 U000600        0
072 V000600        0
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072 X000600     1556
072 Y000600        0
072 Z000600    10568
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072BB000600     5448
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072EE000600     9273
073 A010600   0.4000
073 A020600   0.0000
073 B000600   0.3450
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074 B000600    71300
<PAGE>      PAGE  23
074 C000600        0
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074 E000600     5204
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074 S000600        0
074 T000600   421926
074 U010600    28714
074 U020600        0
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074 V020600     0.00
074 W000600   0.0000
074 X000600        0
074 Y000600        0
075 A000600        0
075 B000600   404869
076  000600     0.00
028 A010700     21509
028 A020700         0
028 A030700         0
028 A040700      3753
028 B010700     12789
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028 B030700         0
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028 C030700         0
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028 E040700      4381
<PAGE>      PAGE  24
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028 F040700      1297
028 G010700    107662
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028 G030700         0
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045  000700 Y
046  000700 N
047  000700 Y
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048 A020700 0.750
048 B010700   200000
048 B020700 0.720
048 C010700   200000
048 C020700 0.690
048 D010700   200000
048 D020700 0.660
048 E010700        0
048 E020700 0.000
048 F010700        0
048 F020700 0.000
048 G010700        0
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048 H020700 0.000
048 I010700        0
048 I020700 0.000
048 J010700        0
048 J020700 0.000
048 K010700   800000
048 K020700 0.600
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
<PAGE>      PAGE  25
062 Q000700   0.0
062 R000700   0.0
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 Y
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 Y
070 K010700 Y
070 K020700 Y
070 L010700 Y
070 L020700 Y
070 M010700 Y
070 M020700 Y
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 Y
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700    289298
071 B000700    193923
071 C000700    403207
071 D000700   48
072 A000700  6
072 B000700     1230
072 C000700     3699
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072 H000700        0
072 I000700        0
<PAGE>      PAGE  26
072 J000700      153
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072 L000700        0
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072 N000700       30
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072 S000700        3
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072 V000700        0
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072 X000700     1743
072 Y000700        0
072 Z000700     3186
072AA000700    21199
072BB000700    20477
072CC010700    28859
072CC020700        0
072DD010700        0
072DD020700        0
072EE000700        0
073 A010700   0.0000
073 A020700   0.0000
073 B000700   0.0000
073 C000700   0.0000
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074 B000700    17900
074 C000700        0
074 D000700     4379
074 E000700        0
074 F000700   458627
074 G000700        0
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074 J000700     3499
074 K000700        0
074 L000700     2314
074 M000700     2098
074 N000700   490108
074 O000700     8584
074 P000700        0
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700      181
074 S000700        0
074 T000700   481343
<PAGE>      PAGE  27
074 U010700    29631
074 U020700        0
074 V010700    16.24
074 V020700     0.00
074 W000700   0.0000
074 X000700        0
074 Y000700    10000
075 A000700        0
075 B000700   423899
076  000700     0.00
028 A010800      3304
028 A020800         0
028 A030800         0
028 A040800      4453
028 B010800      4279
028 B020800         0
028 B030800         0
028 B040800       759
028 C010800      4842
028 C020800      1210
028 C030800         0
028 C040800       779
028 D010800      4518
028 D020800         0
028 D030800         0
028 D040800      1085
028 E010800      3460
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028 E030800         0
028 E040800      1414
028 F010800      4448
028 F020800      1550
028 F030800         0
028 F040800       621
028 G010800     24851
028 G020800      2760
028 G030800         0
028 G040800      9111
028 H000800         0
062 A000800 Y
062 B000800   0.0
062 C000800   0.0
062 D000800   5.7
062 E000800   0.0
062 F000800   0.0
062 G000800   0.0
062 H000800   0.0
062 I000800   0.0
062 J000800   0.0
062 K000800   0.0
062 L000800   2.1
<PAGE>      PAGE  28
062 M000800  13.2
062 N000800  15.3
062 O000800   0.0
062 P000800  28.9
062 Q000800  31.6
062 R000800   3.2
063 A000800   0
063 B000800 10.5
064 A000800 Y
064 B000800 N
070 A010800 Y
070 A020800 Y
070 B010800 Y
070 B020800 N
070 C010800 Y
070 C020800 Y
070 D010800 Y
070 D020800 Y
070 E010800 Y
070 E020800 Y
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 Y
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 Y
070 M010800 Y
070 M020800 Y
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 Y
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800     44216
071 B000800     25961
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072 A000800  6
<PAGE>      PAGE  29
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072DD020800        0
072EE000800        0
073 A010800   0.1900
073 A020800   0.0000
073 B000800   0.0000
073 C000800   0.0000
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074 D000800    69950
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074 N000800    80733
074 O000800     1999
<PAGE>      PAGE  30
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076  000800     0.00
028 A010900      1129
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055 A000900 Y
055 B000900 N
056  000900 N
057  000900 N
<PAGE>      PAGE  31
062 A000900 N
062 B000900   0.0
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062 F000900   0.0
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062 M000900   0.0
062 N000900   0.0
062 O000900   0.0
062 P000900   0.0
062 Q000900   0.0
062 R000900   0.0
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 Y
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 Y
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 Y
070 Q010900 N
<PAGE>      PAGE  32
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900     21134
071 B000900      7699
071 C000900      9611
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072 A000900  6
072 B000900       60
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072DD010900       55
072DD020900        0
072EE000900       31
073 A010900   0.0400
073 A020900   0.0000
073 B000900   0.0470
073 C000900   0.0000
074 A000900      100
074 B000900     3300
074 C000900        0
074 D000900     2070
074 E000900     1323
074 F000900    14027
074 G000900        0
<PAGE>      PAGE  33
074 H000900        0
074 I000900     1277
074 J000900      394
074 K000900        0
074 L000900      193
074 M000900        1
074 N000900    22685
074 O000900     1333
074 P000900        0
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        1
074 R040900       18
074 S000900        0
074 T000900    21333
074 U010900     1444
074 U020900        0
074 V010900    14.77
074 V020900     0.00
074 W000900   0.0000
074 X000900        0
074 Y000900        0
075 A000900        0
075 B000900    10659
076  000900     0.00
SIGNATURE   GEORGE C. BOWEN                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          OPPENHEIMER STRATEGIC BOND FUND
<SERIES>                                                 
   <NUMBER>                                                               8
   <NAME>       OPPENHEIMER VARIABLE ACCOUNT FUNDS
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                            77,701,887
<INVESTMENTS-AT-VALUE>                                           78,632,872
<RECEIVABLES>                                                     1,929,295
<ASSETS-OTHER>                                                        2,460
<OTHER-ITEMS-ASSETS>                                                168,337
<TOTAL-ASSETS>                                                   80,732,964
<PAYABLE-FOR-SECURITIES>                                          1,999,087
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                           107,712
<TOTAL-LIABILITIES>                                               2,106,799
<SENIOR-EQUITY>                                                           0
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<SHARES-COMMON-STOCK>                                            15,990,133
<SHARES-COMMON-PRIOR>                                            12,250,929
<ACCUMULATED-NII-CURRENT>                                           652,100
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                            (851,495)
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                            904,851
<NET-ASSETS>                                                     78,626,165
<DIVIDEND-INCOME>                                                    36,922
<INTEREST-INCOME>                                                 3,178,234
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                      286,666
<NET-INVESTMENT-INCOME>                                           2,928,490
<REALIZED-GAINS-CURRENT>                                            796,680
<APPREC-INCREASE-CURRENT>                                          (936,200)
<NET-CHANGE-FROM-OPS>                                             2,788,970
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                         2,760,328
<DISTRIBUTIONS-OF-GAINS>                                                  0
<DISTRIBUTIONS-OTHER>                                                     0
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<NUMBER-OF-SHARES-REDEEMED>                                       1,844,209
<SHARES-REINVESTED>                                                 565,134
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<ACCUMULATED-NII-PRIOR>                                             483,938
<ACCUMULATED-GAINS-PRIOR>                                        (1,648,175)
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                               251,463
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                     286,666
<AVERAGE-NET-ASSETS>                                             67,533,000
<PER-SHARE-NAV-BEGIN>                                                     4.91
<PER-SHARE-NII>                                                           0.21
<PER-SHARE-GAIN-APPREC>                                                  (0.01)
<PER-SHARE-DIVIDEND>                                                      0.19
<PER-SHARE-DISTRIBUTIONS>                                                 0.00
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                       4.92
<EXPENSE-RATIO>                                                           0.85
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          Oppenheimer Global Securities Fund
<SERIES>                                                 
   <NUMBER>                                                               7
   <NAME>       Oppenheimer Variable Account Funds
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                           430,416,694
<INVESTMENTS-AT-VALUE>                                          481,017,994
<RECEIVABLES>                                                     5,812,872
<ASSETS-OTHER>                                                        6,374
<OTHER-ITEMS-ASSETS>                                              3,270,939
<TOTAL-ASSETS>                                                  490,108,179
<PAYABLE-FOR-SECURITIES>                                          8,584,203
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                           180,800
<TOTAL-LIABILITIES>                                               8,765,003
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        450,940,815
<SHARES-COMMON-STOCK>                                            29,630,799
<SHARES-COMMON-PRIOR>                                            24,067,821
<ACCUMULATED-NII-CURRENT>                                         3,185,134
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                         (25,451,676)
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                         52,668,903
<NET-ASSETS>                                                    481,343,176
<DIVIDEND-INCOME>                                                 3,698,778
<INTEREST-INCOME>                                                 1,229,932
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                    1,742,508
<NET-INVESTMENT-INCOME>                                           3,186,202
<REALIZED-GAINS-CURRENT>                                            722,276
<APPREC-INCREASE-CURRENT>                                        28,858,652
<NET-CHANGE-FROM-OPS>                                            32,767,130
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                                 0
<DISTRIBUTIONS-OF-GAINS>                                                  0
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                           6,846,766
<NUMBER-OF-SHARES-REDEEMED>                                       1,283,788
<SHARES-REINVESTED>                                                       0
<NET-CHANGE-IN-ASSETS>                                          120,364,343
<ACCUMULATED-NII-PRIOR>                                                   0
<ACCUMULATED-GAINS-PRIOR>                                       (26,173,952)
<OVERDISTRIB-NII-PRIOR>                                               1,068
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                             1,541,026
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                   1,742,508
<AVERAGE-NET-ASSETS>                                            423,899,000
<PER-SHARE-NAV-BEGIN>                                                    15.00
<PER-SHARE-NII>                                                           0.11
<PER-SHARE-GAIN-APPREC>                                                   1.13
<PER-SHARE-DIVIDEND>                                                      0.00
<PER-SHARE-DISTRIBUTIONS>                                                 0.00
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      16.24
<EXPENSE-RATIO>                                                           0.83
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          Oppenheimer Growth Fund
<SERIES>                                                 
   <NUMBER>                                                               3
   <NAME>       Oppenheimer Variable Account Funds
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                           114,137,962
<INVESTMENTS-AT-VALUE>                                          144,789,612
<RECEIVABLES>                                                     1,377,392
<ASSETS-OTHER>                                                        3,708
<OTHER-ITEMS-ASSETS>                                                231,093
<TOTAL-ASSETS>                                                  146,401,805
<PAYABLE-FOR-SECURITIES>                                          1,655,939
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                            23,658
<TOTAL-LIABILITIES>                                               1,679,597
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        107,561,054
<SHARES-COMMON-STOCK>                                             5,972,737
<SHARES-COMMON-PRIOR>                                             4,997,725
<ACCUMULATED-NII-CURRENT>                                           684,501
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                           5,825,003
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                         30,651,650
<NET-ASSETS>                                                    144,722,208
<DIVIDEND-INCOME>                                                   593,891
<INTEREST-INCOME>                                                   619,167
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                      509,001
<NET-INVESTMENT-INCOME>                                             704,057
<REALIZED-GAINS-CURRENT>                                          5,982,807
<APPREC-INCREASE-CURRENT>                                         7,033,727
<NET-CHANGE-FROM-OPS>                                            13,720,591
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                         1,310,185
<DISTRIBUTIONS-OF-GAINS>                                          8,706,724
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                           2,328,692
<NUMBER-OF-SHARES-REDEEMED>                                       1,783,960
<SHARES-REINVESTED>                                                 430,280
<NET-CHANGE-IN-ASSETS>                                           27,012,318
<ACCUMULATED-NII-PRIOR>                                           1,290,629
<ACCUMULATED-GAINS-PRIOR>                                         8,548,920
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                               488,805
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                     509,001
<AVERAGE-NET-ASSETS>                                            131,211,000
<PER-SHARE-NAV-BEGIN>                                                    23.55
<PER-SHARE-NII>                                                           0.11
<PER-SHARE-GAIN-APPREC>                                                   2.49
<PER-SHARE-DIVIDEND>                                                      0.25
<PER-SHARE-DISTRIBUTIONS>                                                 1.67
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      24.23
<EXPENSE-RATIO>                                                           0.78
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          OPPENHEIMER CAPITAL APPRECIATION FUND
<SERIES>                                                 
   <NUMBER>                                                               5
   <NAME>       OPPENHEIMER VARIABLE ACCOUNT FUNDS
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                           391,425,519
<INVESTMENTS-AT-VALUE>                                          496,438,966
<RECEIVABLES>                                                     5,372,995
<ASSETS-OTHER>                                                        6,546
<OTHER-ITEMS-ASSETS>                                              1,171,411
<TOTAL-ASSETS>                                                  502,989,918
<PAYABLE-FOR-SECURITIES>                                         16,011,339
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                           106,397
<TOTAL-LIABILITIES>                                              16,117,736
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        357,898,519
<SHARES-COMMON-STOCK>                                            12,713,932
<SHARES-COMMON-PRIOR>                                             9,512,651
<ACCUMULATED-NII-CURRENT>                                            98,398
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                          23,861,818
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                        105,013,447
<NET-ASSETS>                                                    486,872,182
<DIVIDEND-INCOME>                                                   106,666
<INTEREST-INCOME>                                                 1,540,454
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                    1,531,697
<NET-INVESTMENT-INCOME>                                             115,423
<REALIZED-GAINS-CURRENT>                                         24,183,340
<APPREC-INCREASE-CURRENT>                                        42,038,100
<NET-CHANGE-FROM-OPS>                                            66,336,863
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                         1,132,964
<DISTRIBUTIONS-OF-GAINS>                                         21,289,430
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                           5,914,854
<NUMBER-OF-SHARES-REDEEMED>                                       3,357,155
<SHARES-REINVESTED>                                                 643,582
<NET-CHANGE-IN-ASSETS>                                          161,468,091
<ACCUMULATED-NII-PRIOR>                                           1,115,939
<ACCUMULATED-GAINS-PRIOR>                                        20,967,908
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                             1,464,761
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                   1,531,697
<AVERAGE-NET-ASSETS>                                            402,843,000
<PER-SHARE-NAV-BEGIN>                                                    34.21
<PER-SHARE-NII>                                                           0.00
<PER-SHARE-GAIN-APPREC>                                                   6.26
<PER-SHARE-DIVIDEND>                                                      0.11
<PER-SHARE-DISTRIBUTIONS>                                                 2.07
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      38.29
<EXPENSE-RATIO>                                                           0.76
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          Oppenheimer Bond Fund
<SERIES>                                                 
   <NUMBER>                                                               2
   <NAME>       OPPENHEIMER VARIABLE ACCOUNT FUNDS
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                           310,870,304
<INVESTMENTS-AT-VALUE>                                          311,908,746
<RECEIVABLES>                                                     6,642,854
<ASSETS-OTHER>                                                        4,736
<OTHER-ITEMS-ASSETS>                                                 77,997
<TOTAL-ASSETS>                                                  318,634,333
<PAYABLE-FOR-SECURITIES>                                            759,038
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                           258,395
<TOTAL-LIABILITIES>                                               1,017,433
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        315,750,262
<SHARES-COMMON-STOCK>                                            27,823,143
<SHARES-COMMON-PRIOR>                                            17,842,418
<ACCUMULATED-NII-CURRENT>                                           901,640
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                             (92,383)
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                          1,057,381
<NET-ASSETS>                                                    317,616,900
<DIVIDEND-INCOME>                                                    47,527
<INTEREST-INCOME>                                                 8,882,639
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                      920,357
<NET-INVESTMENT-INCOME>                                           8,009,809
<REALIZED-GAINS-CURRENT>                                             35,266
<APPREC-INCREASE-CURRENT>                                        (7,769,093)
<NET-CHANGE-FROM-OPS>                                               275,982
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                         8,450,650
<DISTRIBUTIONS-OF-GAINS>                                            133,010
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                          10,641,027
<NUMBER-OF-SHARES-REDEEMED>                                       1,414,825
<SHARES-REINVESTED>                                                 754,523
<NET-CHANGE-IN-ASSETS>                                          106,385,130
<ACCUMULATED-NII-PRIOR>                                           1,342,481
<ACCUMULATED-GAINS-PRIOR>                                             5,361
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                               874,928
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                     920,357
<AVERAGE-NET-ASSETS>                                            236,650,000
<PER-SHARE-NAV-BEGIN>                                                    11.84
<PER-SHARE-NII>                                                           0.33
<PER-SHARE-GAIN-APPREC>                                                  (0.37)
<PER-SHARE-DIVIDEND>                                                      0.37
<PER-SHARE-DISTRIBUTIONS>                                                 0.01
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      11.42
<EXPENSE-RATIO>                                                           0.78
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          Oppenheimer High Income Fund
<SERIES>                                                 
   <NUMBER>                                                               4
   <NAME>       Oppenheimer Variable Account Funds
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                           149,958,141
<INVESTMENTS-AT-VALUE>                                          156,651,526
<RECEIVABLES>                                                     3,070,864
<ASSETS-OTHER>                                                        3,814
<OTHER-ITEMS-ASSETS>                                                325,585
<TOTAL-ASSETS>                                                  160,051,789
<PAYABLE-FOR-SECURITIES>                                          4,275,977
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                            68,662
<TOTAL-LIABILITIES>                                               4,344,639
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        150,590,951
<SHARES-COMMON-STOCK>                                            14,510,103
<SHARES-COMMON-PRIOR>                                            12,551,582
<ACCUMULATED-NII-CURRENT>                                           624,260
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                          (2,275,267)
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                          6,767,206
<NET-ASSETS>                                                    155,707,150
<DIVIDEND-INCOME>                                                   275,031
<INTEREST-INCOME>                                                 6,828,844
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                      591,923
<NET-INVESTMENT-INCOME>                                           6,511,952
<REALIZED-GAINS-CURRENT>                                          1,132,316
<APPREC-INCREASE-CURRENT>                                         1,041,963
<NET-CHANGE-FROM-OPS>                                             8,686,231
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                         7,360,821
<DISTRIBUTIONS-OF-GAINS>                                                  0
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                           4,915,849
<NUMBER-OF-SHARES-REDEEMED>                                       3,645,899
<SHARES-REINVESTED>                                                 688,571
<NET-CHANGE-IN-ASSETS>                                           22,256,370
<ACCUMULATED-NII-PRIOR>                                           1,473,129
<ACCUMULATED-GAINS-PRIOR>                                        (3,407,583)
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                               535,556
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                     591,923
<AVERAGE-NET-ASSETS>                                            143,730,000
<PER-SHARE-NAV-BEGIN>                                                    10.63
<PER-SHARE-NII>                                                           0.49
<PER-SHARE-GAIN-APPREC>                                                   0.17
<PER-SHARE-DIVIDEND>                                                      0.56
<PER-SHARE-DISTRIBUTIONS>                                                 0.00
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      10.73
<EXPENSE-RATIO>                                                           0.82
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          Oppenheimer Growth & Income Fund
<SERIES>                                                 
   <NUMBER>                                                               9
   <NAME>       Oppenheimer Variable Account Funds
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                            21,358,757
<INVESTMENTS-AT-VALUE>                                           21,997,374
<RECEIVABLES>                                                       586,071
<ASSETS-OTHER>                                                        1,295
<OTHER-ITEMS-ASSETS>                                                 99,773
<TOTAL-ASSETS>                                                   22,684,513
<PAYABLE-FOR-SECURITIES>                                          1,332,856
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                            18,966
<TOTAL-LIABILITIES>                                               1,351,822
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                         19,093,273
<SHARES-COMMON-STOCK>                                             1,444,474
<SHARES-COMMON-PRIOR>                                               342,794
<ACCUMULATED-NII-CURRENT>                                             1,351
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                           1,596,051
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                            642,016
<NET-ASSETS>                                                     21,332,691
<DIVIDEND-INCOME>                                                    66,087
<INTEREST-INCOME>                                                    60,155
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                       69,772
<NET-INVESTMENT-INCOME>                                              56,470
<REALIZED-GAINS-CURRENT>                                          1,600,069
<APPREC-INCREASE-CURRENT>                                           136,841
<NET-CHANGE-FROM-OPS>                                             1,793,380
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                            54,801
<DISTRIBUTIONS-OF-GAINS>                                             31,219
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                           1,194,344
<NUMBER-OF-SHARES-REDEEMED>                                          98,746
<SHARES-REINVESTED>                                                   6,082
<NET-CHANGE-IN-ASSETS>                                           17,044,240
<ACCUMULATED-NII-PRIOR>                                                   0
<ACCUMULATED-GAINS-PRIOR>                                            27,201
<OVERDISTRIB-NII-PRIOR>                                                 318
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                                39,407
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                      69,772
<AVERAGE-NET-ASSETS>                                             10,659,000
<PER-SHARE-NAV-BEGIN>                                                    12.51
<PER-SHARE-NII>                                                           0.04
<PER-SHARE-GAIN-APPREC>                                                   2.31
<PER-SHARE-DIVIDEND>                                                      0.04
<PER-SHARE-DISTRIBUTIONS>                                                 0.05
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      14.77
<EXPENSE-RATIO>                                                           1.32
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          OPPENHEIMER MONEY FUND
<SERIES>                                                 
   <NUMBER>                                                               1
   <NAME>       OPPENHEIMER VARIABLE ACCOUNT FUNDS
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                           115,072,969
<INVESTMENTS-AT-VALUE>                                          115,072,969
<RECEIVABLES>                                                       210,510
<ASSETS-OTHER>                                                        2,633
<OTHER-ITEMS-ASSETS>                                                 19,755
<TOTAL-ASSETS>                                                  115,305,867
<PAYABLE-FOR-SECURITIES>                                                  0
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                           719,609
<TOTAL-LIABILITIES>                                                 719,609
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        114,602,218
<SHARES-COMMON-STOCK>                                           114,602,218
<SHARES-COMMON-PRIOR>                                            65,404,807
<ACCUMULATED-NII-CURRENT>                                                 0
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                             (15,960)
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                                  0
<NET-ASSETS>                                                    114,586,258
<DIVIDEND-INCOME>                                                         0
<INTEREST-INCOME>                                                 2,079,835
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                      183,370
<NET-INVESTMENT-INCOME>                                           1,896,465
<REALIZED-GAINS-CURRENT>                                              2,387
<APPREC-INCREASE-CURRENT>                                                 0
<NET-CHANGE-FROM-OPS>                                             1,898,852
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                         1,896,465
<DISTRIBUTIONS-OF-GAINS>                                                  0
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                         191,400,358
<NUMBER-OF-SHARES-REDEEMED>                                     144,104,487
<SHARES-REINVESTED>                                               1,901,540
<NET-CHANGE-IN-ASSETS>                                           49,199,798
<ACCUMULATED-NII-PRIOR>                                                   0
<ACCUMULATED-GAINS-PRIOR>                                           (18,347)
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                               169,884
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                     183,370
<AVERAGE-NET-ASSETS>                                             76,205,000
<PER-SHARE-NAV-BEGIN>                                                     1.00
<PER-SHARE-NII>                                                           0.02
<PER-SHARE-GAIN-APPREC>                                                   0.00
<PER-SHARE-DIVIDEND>                                                      0.02
<PER-SHARE-DISTRIBUTIONS>                                                 0.00
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                       1.00
<EXPENSE-RATIO>                                                           0.48
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                                             
<CIK>                                                                752737
<NAME>          Oppenheimer Multiple Strategies Fund
<SERIES>                                                 
   <NUMBER>                                                               6
   <NAME>       OPPENHEIMER VARIABLE ACCOUNT FUNDS
       
<S>                                                     <C>
<PERIOD-TYPE>                                           6-MOS
<FISCAL-YEAR-END>                                       DEC-31-1996
<PERIOD-START>                                          JAN-01-1996
<PERIOD-END>                                            JUN-30-1996
<INVESTMENTS-AT-COST>                                           373,134,359
<INVESTMENTS-AT-VALUE>                                          421,715,693
<RECEIVABLES>                                                     3,824,302
<ASSETS-OTHER>                                                        7,460
<OTHER-ITEMS-ASSETS>                                                190,678
<TOTAL-ASSETS>                                                  425,738,133
<PAYABLE-FOR-SECURITIES>                                          2,873,028
<SENIOR-LONG-TERM-DEBT>                                                   0
<OTHER-ITEMS-LIABILITIES>                                           938,791
<TOTAL-LIABILITIES>                                               3,811,819
<SENIOR-EQUITY>                                                           0
<PAID-IN-CAPITAL-COMMON>                                        366,114,884
<SHARES-COMMON-STOCK>                                            28,714,076
<SHARES-COMMON-PRIOR>                                            26,212,235
<ACCUMULATED-NII-CURRENT>                                           853,394
<OVERDISTRIBUTION-NII>                                                    0
<ACCUMULATED-NET-GAINS>                                           6,442,997
<OVERDISTRIBUTION-GAINS>                                                  0
<ACCUM-APPREC-OR-DEPREC>                                         48,515,039
<NET-ASSETS>                                                    421,926,314
<DIVIDEND-INCOME>                                                 2,439,305
<INTEREST-INCOME>                                                 9,684,176
<OTHER-INCOME>                                                            0
<EXPENSES-NET>                                                    1,555,729
<NET-INVESTMENT-INCOME>                                          10,567,752
<REALIZED-GAINS-CURRENT>                                          7,317,446
<APPREC-INCREASE-CURRENT>                                         6,355,568
<NET-CHANGE-FROM-OPS>                                            24,240,766
<EQUALIZATION>                                                            0
<DISTRIBUTIONS-OF-INCOME>                                        11,075,637
<DISTRIBUTIONS-OF-GAINS>                                          9,273,310
<DISTRIBUTIONS-OTHER>                                                     0
<NUMBER-OF-SHARES-SOLD>                                           2,802,404
<NUMBER-OF-SHARES-REDEEMED>                                       1,695,281
<SHARES-REINVESTED>                                               1,394,718
<NET-CHANGE-IN-ASSETS>                                           40,663,150
<ACCUMULATED-NII-PRIOR>                                           1,361,279
<ACCUMULATED-GAINS-PRIOR>                                         8,398,861
<OVERDISTRIB-NII-PRIOR>                                                   0
<OVERDIST-NET-GAINS-PRIOR>                                                0
<GROSS-ADVISORY-FEES>                                             1,477,367
<INTEREST-EXPENSE>                                                        0
<GROSS-EXPENSE>                                                   1,555,729
<AVERAGE-NET-ASSETS>                                            404,869,000
<PER-SHARE-NAV-BEGIN>                                                    14.55
<PER-SHARE-NII>                                                           0.37
<PER-SHARE-GAIN-APPREC>                                                   0.52
<PER-SHARE-DIVIDEND>                                                      0.40
<PER-SHARE-DISTRIBUTIONS>                                                 0.35
<RETURNS-OF-CAPITAL>                                                      0.00
<PER-SHARE-NAV-END>                                                      14.69
<EXPENSE-RATIO>                                                           0.77
<AVG-DEBT-OUTSTANDING>                                                    0
<AVG-DEBT-PER-SHARE>                                                      0.00
        

</TABLE>


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