OPPENHEIMER QUEST FOR VALUE FUNDS
NSAR-A, 1997-06-24
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<PAGE>      PAGE  1
000 A000000 04/30/97
000 C000000 0000817982
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 QUEST FOR VALUE FUNDS
001 B000000 811-5225
001 C000000 2123230200
002 A000000 TWO WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10048
002 D020000 0203
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C010200  2
007 C020200 QUEST SMALL CAP VALUE FUND
007 C030200 N
007 C010300  3
007 C020300 QUEST OPPORTUNITY VALUE FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C020900 QUEST GROWTH & INCOME VALUE FUND
007 C030900 N
007 C011000 10
007 C021000 QUEST OFFICERS VALUE FUND
007 C031000 N
008 A00AA01 OPPENHEIMERFUNDS, INC.
008 B00AA01 A
008 C00AA01 801-8253
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10048
008 D04AA01 0203
008 A00AA02 OPCAP ADVISORS
008 B00AA02 S
008 C00AA02 801-27180
<PAGE>      PAGE  2
008 D01AA02 NEW YORK
008 D02AA02 NY
008 D03AA02 10281
011 A00AA01 OPPENHEIMERFUNDS DISTRIBUTOR, INC.
011 B00AA01 8-22992
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10048
011 C04AA01 0203
012 A00AA01 OPPENHEIMERFUNDS SERVICES
012 B00AA01 84-1562
012 C01AA01 DENVER
012 C02AA01 CO
012 C03AA01 80217
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 DENVER
013 B02AA01 CO
013 B03AA01 80202
014 A00AA01 OPPENHEIMER & CO., INC.
014 B00AA01 8-1833
015 A00AA01 STATE STREET BANK & TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02266
015 C04AA01 8505
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   49
019 C00AA00 OPPENHEIMR
020 A000001 OPPENHEIMER & CO., INC.
020 B000001 13-2798343
020 C000001    545
020 A000002 FIRST BOSTON CORP. (THE)
020 B000002 13-5659485
020 C000002    105
020 A000003 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
020 B000003 13-5674085
020 C000003     95
020 A000004 COWEN & CO.
020 B000004 13-5616116
020 C000004     86
020 A000005 SALOMON BROTHERS, INC.
020 B000005 13-3082694
020 C000005     62
020 A000006 DONALDSON, LUFKIN & JENRETTE SECURITIES
020 B000006 13-2741729
020 C000006     60
020 A000007 MORGAN STANLEY & CO., INC.
020 B000007 13-2655998
<PAGE>      PAGE  3
020 C000007     36
020 A000008 ROYAL ALLIANCE ASSOCIATES, INC.
020 B000008 93-0987232
020 C000008     36
020 A000009 CANTOR FITZGERALD & CO., INC.
020 B000009 95-1786286
020 C000009     34
020 A000010 LEHMAN BROTHERS, INC.
020 B000010 13-2518466
020 C000010     34
021  000000     1644
022 A000001 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
022 B000001 13-5674085
022 C000001    678005
022 D000001     41157
022 A000002 HONG KONG & SHANGHAI BANK
022 B000002 FOREIGN
022 C000002    701100
022 D000002      3640
022 A000003 OPPENHEIMER & CO., INC.
022 B000003 13-2798343
022 C000003    317151
022 D000003    135843
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004    146451
022 D000004         0
022 A000005 FIRST BOSTON CORP. (THE)
022 B000005 13-5659485
022 C000005     61516
022 D000005     12947
022 A000006 MORGAN (J.P.) SECURITIES, INC.
022 B000006 13-3224016
022 C000006     68420
022 D000006         0
022 A000007 COWEN & CO.
022 B000007 13-5616116
022 C000007     53395
022 D000007      1297
022 A000008 SALOMON BROTHERS, INC.
022 B000008 13-3082694
022 C000008     31978
022 D000008      6676
022 A000009 MORGAN STANLEY & CO., INC.
022 B000009 13-2655998
022 C000009     20898
022 D000009     15710
022 A000010 SHEARSON LEHMAN BROTHERS
022 B000010 13-2518466
022 C000010     22537
022 D000010      6867
<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
055 B000300 N
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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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
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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074 S001000        0
074 T001000     8087
<PAGE>      PAGE  19
074 U011000        0
074 U021000        0
074 V011000     0.00
074 V021000     0.00
074 W001000   0.0000
074 X001000      252
074 Y001000        0
075 A001000        0
075 B001000     9977
076  001000     0.00
SIGNATURE   GEORGE C. BOWEN                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6                       
<CIK>                817982
<NAME>               Oppenheimer Quest Officers Value Fund
<SERIES>                                                                 
   <NUMBER>          10
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1997
<PERIOD-START>                                                          NOV-01-1996
<PERIOD-END>                                                            APR-30-1997
<INVESTMENTS-AT-COST>                                                                   7,751,304
<INVESTMENTS-AT-VALUE>                                                                  8,070,698
<RECEIVABLES>                                                                             117,291
<ASSETS-OTHER>                                                                              1,084
<OTHER-ITEMS-ASSETS>                                                                       30,032
<TOTAL-ASSETS>                                                                          8,219,105
<PAYABLE-FOR-SECURITIES>                                                                        0
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                                 132,071
<TOTAL-LIABILITIES>                                                                       132,071
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                                8,829,207
<SHARES-COMMON-STOCK>                                                                     694,058
<SHARES-COMMON-PRIOR>                                                                     748,785
<ACCUMULATED-NII-CURRENT>                                                                 (14,073)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                (1,047,494)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                  319,394
<NET-ASSETS>                                                                            8,087,034
<DIVIDEND-INCOME>                                                                          46,656
<INTEREST-INCOME>                                                                          26,346
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                             87,075
<NET-INVESTMENT-INCOME>                                                                   (14,073)
<REALIZED-GAINS-CURRENT>                                                                 (984,660)
<APPREC-INCREASE-CURRENT>                                                                (545,470)
<NET-CHANGE-FROM-OPS>                                                                  (1,544,203)
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                                1,104,047
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                    90,320
<NUMBER-OF-SHARES-REDEEMED>                                                               230,142
<SHARES-REINVESTED>                                                                        85,095
<NET-CHANGE-IN-ASSETS>                                                                 (3,342,268)
<ACCUMULATED-NII-PRIOR>                                                                         0
<ACCUMULATED-GAINS-PRIOR>                                                               1,041,213
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                      32,681
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                            88,045
<AVERAGE-NET-ASSETS>                                                                    9,977,000
<PER-SHARE-NAV-BEGIN>                                                                          15.26
<PER-SHARE-NII>                                                                                (0.02)
<PER-SHARE-GAIN-APPREC>                                                                        (2.11)
<PER-SHARE-DIVIDEND>                                                                            0.00
<PER-SHARE-DISTRIBUTIONS>                                                                       1.48
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            11.65
<EXPENSE-RATIO>                                                                                 1.78
<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>                817982
<NAME>               Oppenheimer Quest Opportunity Value Fund-A
<SERIES>                                                                 
   <NUMBER>          3
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1997
<PERIOD-START>                                                          NOV-01-1996
<PERIOD-END>                                                            APR-30-1997
<INVESTMENTS-AT-COST>                                                               2,436,417,491
<INVESTMENTS-AT-VALUE>                                                              2,829,584,135
<RECEIVABLES>                                                                          27,102,911
<ASSETS-OTHER>                                                                             31,327
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                      2,856,718,373
<PAYABLE-FOR-SECURITIES>                                                                4,998,125
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              13,642,012
<TOTAL-LIABILITIES>                                                                    18,640,137
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                            2,407,234,319
<SHARES-COMMON-STOCK>                                                                  42,524,774
<SHARES-COMMON-PRIOR>                                                                  30,027,387
<ACCUMULATED-NII-CURRENT>                                                               4,480,301
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                33,196,972
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                              393,166,644
<NET-ASSETS>                                                                        1,339,098,869
<DIVIDEND-INCOME>                                                                      14,065,770
<INTEREST-INCOME>                                                                      11,018,913
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         20,584,435
<NET-INVESTMENT-INCOME>                                                                 4,500,248
<REALIZED-GAINS-CURRENT>                                                               33,229,527
<APPREC-INCREASE-CURRENT>                                                             121,878,430
<NET-CHANGE-FROM-OPS>                                                                 159,608,205
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                               3,619,259
<DISTRIBUTIONS-OF-GAINS>                                                               24,749,286
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                15,628,287
<NUMBER-OF-SHARES-REDEEMED>                                                             4,026,839
<SHARES-REINVESTED>                                                                       895,939
<NET-CHANGE-IN-ASSETS>                                                              1,041,012,916
<ACCUMULATED-NII-PRIOR>                                                                 4,559,188
<ACCUMULATED-GAINS-PRIOR>                                                              50,482,912
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                  10,127,762
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        20,584,435
<AVERAGE-NET-ASSETS>                                                                1,124,976,000
<PER-SHARE-NAV-BEGIN>                                                                          29.89
<PER-SHARE-NII>                                                                                 0.07
<PER-SHARE-GAIN-APPREC>                                                                         2.42
<PER-SHARE-DIVIDEND>                                                                            0.11
<PER-SHARE-DISTRIBUTIONS>                                                                       0.78
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            31.49
<EXPENSE-RATIO>                                                                                 1.54
<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>                817982
<NAME>               Oppenheimer Quest Opportunity Value Fund-B
<SERIES>                                                                 
   <NUMBER>          3
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1997
<PERIOD-START>                                                          NOV-01-1996
<PERIOD-END>                                                            APR-30-1997
<INVESTMENTS-AT-COST>                                                               2,436,417,491
<INVESTMENTS-AT-VALUE>                                                              2,829,584,135
<RECEIVABLES>                                                                          27,102,911
<ASSETS-OTHER>                                                                             31,327
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                      2,856,718,373
<PAYABLE-FOR-SECURITIES>                                                                4,998,125
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              13,642,012
<TOTAL-LIABILITIES>                                                                    18,640,137
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                            2,407,234,319
<SHARES-COMMON-STOCK>                                                                  38,359,687
<SHARES-COMMON-PRIOR>                                                                  24,363,704
<ACCUMULATED-NII-CURRENT>                                                               4,480,301
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                33,196,972
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                              393,166,644
<NET-ASSETS>                                                                        1,191,658,163
<DIVIDEND-INCOME>                                                                      14,065,770
<INTEREST-INCOME>                                                                      11,018,913
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         20,584,435
<NET-INVESTMENT-INCOME>                                                                 4,500,248
<REALIZED-GAINS-CURRENT>                                                               33,229,527
<APPREC-INCREASE-CURRENT>                                                             121,878,430
<NET-CHANGE-FROM-OPS>                                                                 159,608,205
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 804,122
<DISTRIBUTIONS-OF-GAINS>                                                               20,564,378
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                14,786,797
<NUMBER-OF-SHARES-REDEEMED>                                                             1,464,698
<SHARES-REINVESTED>                                                                       673,884
<NET-CHANGE-IN-ASSETS>                                                              1,041,012,916
<ACCUMULATED-NII-PRIOR>                                                                 4,559,188
<ACCUMULATED-GAINS-PRIOR>                                                              50,482,912
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                  10,127,762
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        20,584,435
<AVERAGE-NET-ASSETS>                                                                  949,410,000
<PER-SHARE-NAV-BEGIN>                                                                          29.49
<PER-SHARE-NII>                                                                                 0.03
<PER-SHARE-GAIN-APPREC>                                                                         2.36
<PER-SHARE-DIVIDEND>                                                                            0.03
<PER-SHARE-DISTRIBUTIONS>                                                                       0.78
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            31.07
<EXPENSE-RATIO>                                                                                 2.03
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                       
<CIK>                817982
<NAME>               Oppenheimer Quest Opportunity Value Fund-C
<SERIES>                                                                 
   <NUMBER>          3
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1997
<PERIOD-START>                                                          NOV-01-1996
<PERIOD-END>                                                            APR-30-1997
<INVESTMENTS-AT-COST>                                                               2,436,417,491
<INVESTMENTS-AT-VALUE>                                                              2,829,584,135
<RECEIVABLES>                                                                          27,102,911
<ASSETS-OTHER>                                                                             31,327
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                      2,856,718,373
<PAYABLE-FOR-SECURITIES>                                                                4,998,125
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              13,642,012
<TOTAL-LIABILITIES>                                                                    18,640,137
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                            2,407,234,319
<SHARES-COMMON-STOCK>                                                                   9,789,307
<SHARES-COMMON-PRIOR>                                                                   6,147,790
<ACCUMULATED-NII-CURRENT>                                                               4,480,301
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                33,196,972
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                              393,166,644
<NET-ASSETS>                                                                          303,770,716
<DIVIDEND-INCOME>                                                                      14,065,770
<INTEREST-INCOME>                                                                      11,018,913
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         20,584,435
<NET-INVESTMENT-INCOME>                                                                 4,500,248
<REALIZED-GAINS-CURRENT>                                                               33,229,527
<APPREC-INCREASE-CURRENT>                                                             121,878,430
<NET-CHANGE-FROM-OPS>                                                                 159,608,205
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 155,754
<DISTRIBUTIONS-OF-GAINS>                                                                5,201,803
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 3,967,812
<NUMBER-OF-SHARES-REDEEMED>                                                               497,293
<SHARES-REINVESTED>                                                                       170,998
<NET-CHANGE-IN-ASSETS>                                                              1,041,012,916
<ACCUMULATED-NII-PRIOR>                                                                 4,559,188
<ACCUMULATED-GAINS-PRIOR>                                                              50,482,912
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                  10,127,762
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        20,584,435
<AVERAGE-NET-ASSETS>                                                                  241,430,000
<PER-SHARE-NAV-BEGIN>                                                                          29.45
<PER-SHARE-NII>                                                                                 0.03
<PER-SHARE-GAIN-APPREC>                                                                         2.35
<PER-SHARE-DIVIDEND>                                                                            0.02
<PER-SHARE-DISTRIBUTIONS>                                                                       0.78
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            31.03
<EXPENSE-RATIO>                                                                                 2.03
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                       
<CIK>                817982
<NAME>               Oppenheimer Quest Opportunity Value Fund-Y
<SERIES>                                                                 
   <NUMBER>          3
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           4-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1997
<PERIOD-START>                                                          DEC-16-1996
<PERIOD-END>                                                            APR-30-1997
<INVESTMENTS-AT-COST>                                                               2,436,417,491
<INVESTMENTS-AT-VALUE>                                                              2,829,584,135
<RECEIVABLES>                                                                          27,102,911
<ASSETS-OTHER>                                                                             31,327
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                      2,856,718,373
<PAYABLE-FOR-SECURITIES>                                                                4,998,125
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              13,642,012
<TOTAL-LIABILITIES>                                                                    18,640,137
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                            2,407,234,319
<SHARES-COMMON-STOCK>                                                                     112,626
<SHARES-COMMON-PRIOR>                                                                           0
<ACCUMULATED-NII-CURRENT>                                                               4,480,301
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                33,196,972
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                              393,166,644
<NET-ASSETS>                                                                            3,550,488
<DIVIDEND-INCOME>                                                                      14,065,770
<INTEREST-INCOME>                                                                      11,018,913
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         20,584,435
<NET-INVESTMENT-INCOME>                                                                 4,500,248
<REALIZED-GAINS-CURRENT>                                                               33,229,527
<APPREC-INCREASE-CURRENT>                                                             121,878,430
<NET-CHANGE-FROM-OPS>                                                                 159,608,205
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                                        0
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   122,961
<NUMBER-OF-SHARES-REDEEMED>                                                                10,335
<SHARES-REINVESTED>                                                                             0
<NET-CHANGE-IN-ASSETS>                                                              1,041,012,916
<ACCUMULATED-NII-PRIOR>                                                                 4,559,188
<ACCUMULATED-GAINS-PRIOR>                                                              50,482,912
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                  10,127,762
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        20,584,435
<AVERAGE-NET-ASSETS>                                                                      560,000
<PER-SHARE-NAV-BEGIN>                                                                          29.93
<PER-SHARE-NII>                                                                                 0.02
<PER-SHARE-GAIN-APPREC>                                                                         1.57
<PER-SHARE-DIVIDEND>                                                                            0.00
<PER-SHARE-DISTRIBUTIONS>                                                                       0.00
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            31.52
<EXPENSE-RATIO>                                                                                 1.42
<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>                817982
<NAME>               Oppenheimer Quest Small Cap Value Fund - Class A
<SERIES>                                                                 
   <NUMBER>          2
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1997
<PERIOD-START>                                                          NOV-01-1996
<PERIOD-END>                                                            APR-30-1997
<INVESTMENTS-AT-COST>                                                                 159,548,872
<INVESTMENTS-AT-VALUE>                                                                166,867,614
<RECEIVABLES>                                                                           2,138,165
<ASSETS-OTHER>                                                                              5,337
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                        169,011,116
<PAYABLE-FOR-SECURITIES>                                                                2,838,218
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               2,064,159
<TOTAL-LIABILITIES>                                                                     4,902,377
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              140,437,802
<SHARES-COMMON-STOCK>                                                                   6,134,679
<SHARES-COMMON-PRIOR>                                                                   5,398,787
<ACCUMULATED-NII-CURRENT>                                                                (573,179)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                16,925,374
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                7,318,742
<NET-ASSETS>                                                                          110,222,516
<DIVIDEND-INCOME>                                                                         519,784
<INTEREST-INCOME>                                                                         519,767
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,612,730
<NET-INVESTMENT-INCOME>                                                                  (573,179)
<REALIZED-GAINS-CURRENT>                                                               17,039,464
<APPREC-INCREASE-CURRENT>                                                              (6,105,844)
<NET-CHANGE-FROM-OPS>                                                                  10,360,441
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                               12,867,606
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 1,221,886
<NUMBER-OF-SHARES-REDEEMED>                                                             1,188,960
<SHARES-REINVESTED>                                                                       702,966
<NET-CHANGE-IN-ASSETS>                                                                 17,415,528
<ACCUMULATED-NII-PRIOR>                                                                         0
<ACCUMULATED-GAINS-PRIOR>                                                              18,575,748
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     790,666
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,612,730
<AVERAGE-NET-ASSETS>                                                                  109,538,000
<PER-SHARE-NAV-BEGIN>                                                                          19.03
<PER-SHARE-NII>                                                                                (0.06)
<PER-SHARE-GAIN-APPREC>                                                                         1.36
<PER-SHARE-DIVIDEND>                                                                            0.00
<PER-SHARE-DISTRIBUTIONS>                                                                       2.36
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            17.97
<EXPENSE-RATIO>                                                                                 1.88
<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>                817982
<NAME>               Oppenheimer Quest Small Cap Value Fund - Class B
<SERIES>                                                                 
   <NUMBER>          2
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1997
<PERIOD-START>                                                          NOV-01-1996
<PERIOD-END>                                                            APR-30-1997
<INVESTMENTS-AT-COST>                                                                 159,548,872
<INVESTMENTS-AT-VALUE>                                                                166,867,614
<RECEIVABLES>                                                                           2,138,165
<ASSETS-OTHER>                                                                              5,337
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                        169,011,116
<PAYABLE-FOR-SECURITIES>                                                                2,838,218
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               2,064,159
<TOTAL-LIABILITIES>                                                                     4,902,377
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              140,437,802
<SHARES-COMMON-STOCK>                                                                   2,226,299
<SHARES-COMMON-PRIOR>                                                                   1,637,492
<ACCUMULATED-NII-CURRENT>                                                                (573,179)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                16,925,374
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                7,318,742
<NET-ASSETS>                                                                           39,319,905
<DIVIDEND-INCOME>                                                                         519,784
<INTEREST-INCOME>                                                                         519,767
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,612,730
<NET-INVESTMENT-INCOME>                                                                  (573,179)
<REALIZED-GAINS-CURRENT>                                                               17,039,464
<APPREC-INCREASE-CURRENT>                                                              (6,105,844)
<NET-CHANGE-FROM-OPS>                                                                  10,360,441
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                                4,078,650
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   619,657
<NUMBER-OF-SHARES-REDEEMED>                                                               255,145
<SHARES-REINVESTED>                                                                       224,295
<NET-CHANGE-IN-ASSETS>                                                                 17,415,528
<ACCUMULATED-NII-PRIOR>                                                                         0
<ACCUMULATED-GAINS-PRIOR>                                                              18,575,748
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     790,666
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,612,730
<AVERAGE-NET-ASSETS>                                                                   35,977,000
<PER-SHARE-NAV-BEGIN>                                                                          18.79
<PER-SHARE-NII>                                                                                (0.06)
<PER-SHARE-GAIN-APPREC>                                                                         1.29
<PER-SHARE-DIVIDEND>                                                                            0.00
<PER-SHARE-DISTRIBUTIONS>                                                                       2.36
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            17.66
<EXPENSE-RATIO>                                                                                 2.37
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                       
<CIK>                817982
<NAME>               Oppenheimer Quest Small Cap Value Fund - Class C
<SERIES>                                                                 
   <NUMBER>          2
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1997
<PERIOD-START>                                                          NOV-01-1996
<PERIOD-END>                                                            APR-30-1997
<INVESTMENTS-AT-COST>                                                                 159,548,872
<INVESTMENTS-AT-VALUE>                                                                166,867,614
<RECEIVABLES>                                                                           2,138,165
<ASSETS-OTHER>                                                                              5,337
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                        169,011,116
<PAYABLE-FOR-SECURITIES>                                                                2,838,218
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               2,064,159
<TOTAL-LIABILITIES>                                                                     4,902,377
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              140,437,802
<SHARES-COMMON-STOCK>                                                                     826,006
<SHARES-COMMON-PRIOR>                                                                     702,671
<ACCUMULATED-NII-CURRENT>                                                                (573,179)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                16,925,374
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                7,318,742
<NET-ASSETS>                                                                           14,566,318
<DIVIDEND-INCOME>                                                                         519,784
<INTEREST-INCOME>                                                                         519,767
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          1,612,730
<NET-INVESTMENT-INCOME>                                                                  (573,179)
<REALIZED-GAINS-CURRENT>                                                               17,039,464
<APPREC-INCREASE-CURRENT>                                                              (6,105,844)
<NET-CHANGE-FROM-OPS>                                                                  10,360,441
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                                1,743,582
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   241,149
<NUMBER-OF-SHARES-REDEEMED>                                                               216,683
<SHARES-REINVESTED>                                                                        98,869
<NET-CHANGE-IN-ASSETS>                                                                 17,415,528
<ACCUMULATED-NII-PRIOR>                                                                         0
<ACCUMULATED-GAINS-PRIOR>                                                              18,575,748
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     790,666
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         1,612,730
<AVERAGE-NET-ASSETS>                                                                   14,163,000
<PER-SHARE-NAV-BEGIN>                                                                          18.76
<PER-SHARE-NII>                                                                                (0.07)
<PER-SHARE-GAIN-APPREC>                                                                         1.30
<PER-SHARE-DIVIDEND>                                                                            0.00
<PER-SHARE-DISTRIBUTIONS>                                                                       2.36
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            17.63
<EXPENSE-RATIO>                                                                                 2.37
<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>                817982
<NAME>               Oppenheimer Quest Growth & Income Value Fund - A
<SERIES>                                                                 
   <NUMBER>          9
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       Oct-31-1997
<PERIOD-START>                                                          Nov-01-1996
<PERIOD-END>                                                            Apr-30-1997
<INVESTMENTS-AT-COST>                                                                  71,587,773
<INVESTMENTS-AT-VALUE>                                                                 74,131,969
<RECEIVABLES>                                                                           1,136,437
<ASSETS-OTHER>                                                                              6,230
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                         75,274,636
<PAYABLE-FOR-SECURITIES>                                                                  414,640
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                                 733,730
<TOTAL-LIABILITIES>                                                                     1,148,370
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                               64,434,659
<SHARES-COMMON-STOCK>                                                                   4,352,818
<SHARES-COMMON-PRIOR>                                                                   3,952,924
<ACCUMULATED-NII-CURRENT>                                                                 122,654
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                 7,024,757
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                2,544,196
<NET-ASSETS>                                                                           51,796,054
<DIVIDEND-INCOME>                                                                         272,799
<INTEREST-INCOME>                                                                         920,344
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                            653,872
<NET-INVESTMENT-INCOME>                                                                   539,271
<REALIZED-GAINS-CURRENT>                                                                6,672,855
<APPREC-INCREASE-CURRENT>                                                              (3,361,927)
<NET-CHANGE-FROM-OPS>                                                                   3,850,199
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 425,038
<DISTRIBUTIONS-OF-GAINS>                                                                4,518,584
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   597,425
<NUMBER-OF-SHARES-REDEEMED>                                                               607,782
<SHARES-REINVESTED>                                                                       410,251
<NET-CHANGE-IN-ASSETS>                                                                  8,820,085
<ACCUMULATED-NII-PRIOR>                                                                   120,291
<ACCUMULATED-GAINS-PRIOR>                                                               6,500,367
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     297,486
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                           653,872
<AVERAGE-NET-ASSETS>                                                                   51,142,000
<PER-SHARE-NAV-BEGIN>                                                                          12.48
<PER-SHARE-NII>                                                                                 0.10
<PER-SHARE-GAIN-APPREC>                                                                         0.57
<PER-SHARE-DIVIDEND>                                                                            0.10
<PER-SHARE-DISTRIBUTIONS>                                                                       1.15
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            11.90
<EXPENSE-RATIO>                                                                                 1.70
<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>                817982
<NAME>               Oppenheimer Quest Growth & Income Value Fund - B
<SERIES>                                                                 
   <NUMBER>          9
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       Oct-31-1997
<PERIOD-START>                                                          Nov-01-1996
<PERIOD-END>                                                            Apr-30-1997
<INVESTMENTS-AT-COST>                                                                  71,587,773
<INVESTMENTS-AT-VALUE>                                                                 74,131,969
<RECEIVABLES>                                                                           1,136,437
<ASSETS-OTHER>                                                                              6,230
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                         75,274,636
<PAYABLE-FOR-SECURITIES>                                                                  414,640
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                                 733,730
<TOTAL-LIABILITIES>                                                                     1,148,370
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                               64,434,659
<SHARES-COMMON-STOCK>                                                                   1,516,724
<SHARES-COMMON-PRIOR>                                                                   1,060,887
<ACCUMULATED-NII-CURRENT>                                                                 122,654
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                 7,024,757
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                2,544,196
<NET-ASSETS>                                                                           17,963,156
<DIVIDEND-INCOME>                                                                         272,799
<INTEREST-INCOME>                                                                         920,344
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                            653,872
<NET-INVESTMENT-INCOME>                                                                   539,271
<REALIZED-GAINS-CURRENT>                                                                6,672,855
<APPREC-INCREASE-CURRENT>                                                              (3,361,927)
<NET-CHANGE-FROM-OPS>                                                                   3,850,199
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                  88,699
<DISTRIBUTIONS-OF-GAINS>                                                                1,310,410
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   427,033
<NUMBER-OF-SHARES-REDEEMED>                                                                87,312
<SHARES-REINVESTED>                                                                       116,116
<NET-CHANGE-IN-ASSETS>                                                                  8,820,085
<ACCUMULATED-NII-PRIOR>                                                                   120,291
<ACCUMULATED-GAINS-PRIOR>                                                               6,500,367
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     297,486
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                           653,872
<AVERAGE-NET-ASSETS>                                                                   15,785,000
<PER-SHARE-NAV-BEGIN>                                                                          12.42
<PER-SHARE-NII>                                                                                 0.07
<PER-SHARE-GAIN-APPREC>                                                                         0.57
<PER-SHARE-DIVIDEND>                                                                            0.07
<PER-SHARE-DISTRIBUTIONS>                                                                       1.15
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            11.84
<EXPENSE-RATIO>                                                                                 2.30
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6                       
<CIK>                817982
<NAME>               Oppenheimer Quest Growth & Income Value Fund - C
<SERIES>                                                                 
   <NUMBER>          9
   <NAME>            Oppenheimer Quest for Value Funds
       
<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       Oct-31-1997
<PERIOD-START>                                                          Nov-01-1996
<PERIOD-END>                                                            Apr-30-1997
<INVESTMENTS-AT-COST>                                                                  71,587,773
<INVESTMENTS-AT-VALUE>                                                                 74,131,969
<RECEIVABLES>                                                                           1,136,437
<ASSETS-OTHER>                                                                              6,230
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                         75,274,636
<PAYABLE-FOR-SECURITIES>                                                                  414,640
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                                 733,730
<TOTAL-LIABILITIES>                                                                     1,148,370
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                               64,434,659
<SHARES-COMMON-STOCK>                                                                     368,761
<SHARES-COMMON-PRIOR>                                                                     225,974
<ACCUMULATED-NII-CURRENT>                                                                 122,654
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                 7,024,757
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                2,544,196
<NET-ASSETS>                                                                            4,367,056
<DIVIDEND-INCOME>                                                                         272,799
<INTEREST-INCOME>                                                                         920,344
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                            653,872
<NET-INVESTMENT-INCOME>                                                                   539,271
<REALIZED-GAINS-CURRENT>                                                                6,672,855
<APPREC-INCREASE-CURRENT>                                                              (3,361,927)
<NET-CHANGE-FROM-OPS>                                                                   3,850,199
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                  23,171
<DISTRIBUTIONS-OF-GAINS>                                                                  319,471
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   163,753
<NUMBER-OF-SHARES-REDEEMED>                                                                49,493
<SHARES-REINVESTED>                                                                        28,527
<NET-CHANGE-IN-ASSETS>                                                                  8,820,085
<ACCUMULATED-NII-PRIOR>                                                                   120,291
<ACCUMULATED-GAINS-PRIOR>                                                               6,500,367
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                     297,486
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                           653,872
<AVERAGE-NET-ASSETS>                                                                    3,763,000
<PER-SHARE-NAV-BEGIN>                                                                          12.43
<PER-SHARE-NII>                                                                                 0.07
<PER-SHARE-GAIN-APPREC>                                                                         0.56
<PER-SHARE-DIVIDEND>                                                                            0.07
<PER-SHARE-DISTRIBUTIONS>                                                                       1.15
<RETURNS-OF-CAPITAL>                                                                            0.00
<PER-SHARE-NAV-END>                                                                            11.84
<EXPENSE-RATIO>                                                                                 2.29
<AVG-DEBT-OUTSTANDING>                                                                          0
<AVG-DEBT-PER-SHARE>                                                                            0.00
        

</TABLE>


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