OPPENHEIMER QUEST FOR VALUE FUNDS
NSAR-A, 1999-06-29
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<PAGE>      PAGE  1
000 A000000 04/30/99
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000 D000000 N
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000 J000000 A
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002 A000000 TWO WORLD TRADE CENTER
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  9
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<PAGE>      PAGE  11
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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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062 O000900   0.0
062 P000900   0.0
062 Q000900   0.0
<PAGE>      PAGE  19
062 R000900   0.0
063 A000900   0
063 B000900  0.0
066 A000900 Y
066 B000900 N
066 C000900 N
066 D000900 N
066 E000900 Y
066 F000900 N
066 G000900 N
067  000900 Y
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 N
070 B010900 Y
070 B020900 N
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 N
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900    657445
<PAGE>      PAGE  20
071 B000900    185077
071 C000900    426849
071 D000900   43
072 A000900  6
072 B000900     6497
072 C000900     1380
072 D000900        0
072 E000900        0
072 F000900     2001
072 G000900        0
072 H000900        0
072 I000900      274
072 J000900       10
072 K000900       29
072 L000900       51
072 M000900       17
072 N000900      190
072 O000900        0
072 P000900        0
072 Q000900        0
072 R000900        6
072 S000900        5
072 T000900     1599
072 U000900        0
072 V000900        0
072 W000900       40
072 X000900     4222
072 Y000900        4
072 Z000900     3659
072AA000900    34759
072BB000900     5627
072CC010900    45908
072CC020900        0
072DD010900     2053
072DD020900      853
072EE000900    31475
073 A010900   0.1533
073 A020900   0.1149
073 B000900   1.9171
073 C000900   0.0000
074 A000900      187
074 B000900        0
074 C000900   115443
074 D000900   290245
074 E000900     8925
074 F000900   434724
074 G000900        0
074 H000900        0
074 I000900        0
074 J000900        0
074 K000900        0
<PAGE>      PAGE  21
074 L000900    20942
074 M000900        7
074 N000900   870473
074 O000900     1278
074 P000900       47
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900     1204
074 S000900        0
074 T000900   867944
074 U010900    25716
074 U020900    19865
074 V010900    16.34
074 V020900    16.22
074 W000900   0.0000
074 X000900    45922
074 Y000900        0
075 A000900        0
075 B000900   478310
076  000900     0.00
028 A011000         0
028 A021000         0
028 A031000         0
028 A041000         0
028 B011000         0
028 B021000         0
028 B031000         0
028 B041000         0
028 C011000         0
028 C021000         0
028 C031000         0
028 C041000         0
028 D011000         0
028 D021000         0
028 D031000         0
028 D041000         0
028 E011000         0
028 E021000         0
028 E031000         0
028 E041000         0
028 F011000         0
028 F021000         0
028 F031000         0
028 F041000         0
028 G011000         0
028 G021000         0
028 G031000         0
028 G041000         0
028 H001000         0
<PAGE>      PAGE  22
030 A001000      0
030 B001000  0.00
030 C001000  0.00
031 A001000      0
031 B001000      0
032  001000      0
033  001000      0
034  001000 N
035  001000      0
036 B001000      0
042 A001000   0
042 B001000   0
042 C001000   0
042 D001000   0
042 E001000   0
042 F001000   0
042 G001000   0
042 H001000   0
043  001000      0
044  001000      0
045  001000 Y
048  001000  0.000
048 A011000        0
048 A021000 0.000
048 B011000        0
048 B021000 0.000
048 C011000        0
048 C021000 0.000
048 D011000        0
048 D021000 0.000
048 E011000        0
048 E021000 0.000
048 F011000        0
048 F021000 0.000
048 G011000        0
048 G021000 0.000
048 H011000        0
048 H021000 0.000
048 I011000        0
048 I021000 0.000
048 J011000        0
048 J021000 0.000
048 K011000        0
048 K021000 0.000
055 A001000 N
055 B001000 N
056  001000 N
057  001000 N
062 A001000 N
062 B001000   0.0
062 C001000   0.0
<PAGE>      PAGE  23
062 D001000   0.0
062 E001000   0.0
062 F001000   0.0
062 G001000   0.0
062 H001000   0.0
062 I001000   0.0
062 J001000   0.0
062 K001000   0.0
062 L001000   0.0
062 M001000   0.0
062 N001000   0.0
062 O001000   0.0
062 P001000   0.0
062 Q001000   0.0
062 R001000   0.0
063 A001000   0
063 B001000  0.0
066 A001000 Y
066 B001000 N
066 C001000 Y
066 D001000 N
066 E001000 N
066 F001000 N
066 G001000 N
067  001000 N
068 A001000 N
068 B001000 N
069  001000 N
070 A011000 Y
070 A021000 N
070 B011000 Y
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 Y
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 Y
<PAGE>      PAGE  24
070 L021000 Y
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000         0
071 B001000         0
071 C001000         0
071 D001000    0
072 A001000  7
072 B001000        0
072 C001000        0
072 D001000        0
072 E001000        0
072 F001000        0
072 G001000        0
072 H001000        0
072 I001000        0
072 J001000        0
072 K001000        0
072 L001000        0
072 M001000        0
072 N001000        0
072 O001000        0
072 P001000        0
072 Q001000        0
072 R001000        0
072 S001000        0
072 T001000        0
072 U001000        0
072 V001000        0
072 W001000        0
072 X001000        0
072 Y001000        0
072 Z001000        0
072AA001000        0
072BB001000        0
072CC011000        0
072CC021000        0
072DD011000        0
072DD021000        0
072EE001000        0
073 A011000   0.0000
<PAGE>      PAGE  25
073 A021000   0.0000
073 B001000   0.0000
073 C001000   0.0000
074 A001000        0
074 B001000        0
074 C001000        0
074 D001000        0
074 E001000        0
074 F001000        0
074 G001000        0
074 H001000        0
074 I001000        0
074 J001000        0
074 K001000        0
074 L001000        0
074 M001000        0
074 N001000        0
074 O001000        0
074 P001000        0
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000        0
074 S001000        0
074 T001000        0
074 U011000        0
074 U021000        0
074 V011000     0.00
074 V021000     0.00
074 W001000   0.0000
074 X001000        0
074 Y001000        0
075 A001000        0
075 B001000        0
076  001000     0.00
075 A003600        0
075 B003600        0
076  003600     0.00
SIGNATURE   BRIAN W. WIXTED
TITLE       TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK>                817982
<NAME>               Oppenheimer Quest Balanced  Value Fund - A
<SERIES>
   <NUMBER>          9
   <NAME>            Oppenheimer Quest for Value Funds

<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                                 790,838,302
<INVESTMENTS-AT-VALUE>                                                                849,337,271
<RECEIVABLES>                                                                          20,941,612
<ASSETS-OTHER>                                                                              7,069
<OTHER-ITEMS-ASSETS>                                                                      186,565
<TOTAL-ASSETS>                                                                        870,472,517
<PAYABLE-FOR-SECURITIES>                                                                1,277,931
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,250,521
<TOTAL-LIABILITIES>                                                                     2,528,452
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              779,217,178
<SHARES-COMMON-STOCK>                                                                  25,716,338
<SHARES-COMMON-PRIOR>                                                                   8,765,091
<ACCUMULATED-NII-CURRENT>                                                               1,755,363
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                28,472,555
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                               58,498,969
<NET-ASSETS>                                                                          420,269,227
<DIVIDEND-INCOME>                                                                       1,379,712
<INTEREST-INCOME>                                                                       6,497,263
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          4,218,236
<NET-INVESTMENT-INCOME>                                                                 3,658,739
<REALIZED-GAINS-CURRENT>                                                               29,131,886
<APPREC-INCREASE-CURRENT>                                                              45,907,975
<NET-CHANGE-FROM-OPS>                                                                  78,698,600
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                               2,052,879
<DISTRIBUTIONS-OF-GAINS>                                                               19,068,681
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                18,729,032
<NUMBER-OF-SHARES-REDEEMED>                                                             3,134,925
<SHARES-REINVESTED>                                                                     1,357,140
<NET-CHANGE-IN-ASSETS>                                                                650,405,918
<ACCUMULATED-NII-PRIOR>                                                                 1,351,480
<ACCUMULATED-GAINS-PRIOR>                                                              30,815,220
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   2,001,045
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         4,221,753
<AVERAGE-NET-ASSETS>                                                                  255,529,000
<PER-SHARE-NAV-BEGIN>                                                                       15.50
<PER-SHARE-NII>                                                                              0.09
<PER-SHARE-GAIN-APPREC>                                                                      2.82
<PER-SHARE-DIVIDEND>                                                                         0.15
<PER-SHARE-DISTRIBUTIONS>                                                                    1.92
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         16.34
<EXPENSE-RATIO>                                                                              1.50
[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 Balanced  Value Fund - B
<SERIES>
   <NUMBER>          9
   <NAME>            Oppenheimer Quest for Value Funds

<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                                 790,838,302
<INVESTMENTS-AT-VALUE>                                                                849,337,271
<RECEIVABLES>                                                                          20,941,612
<ASSETS-OTHER>                                                                              7,069
<OTHER-ITEMS-ASSETS>                                                                      186,565
<TOTAL-ASSETS>                                                                        870,472,517
<PAYABLE-FOR-SECURITIES>                                                                1,277,931
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,250,521
<TOTAL-LIABILITIES>                                                                     2,528,452
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              779,217,178
<SHARES-COMMON-STOCK>                                                                  19,864,869
<SHARES-COMMON-PRIOR>                                                                   3,948,199
<ACCUMULATED-NII-CURRENT>                                                               1,755,363
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                28,472,555
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                               58,498,969
<NET-ASSETS>                                                                          322,232,730
<DIVIDEND-INCOME>                                                                       1,379,712
<INTEREST-INCOME>                                                                       6,497,263
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          4,218,236
<NET-INVESTMENT-INCOME>                                                                 3,658,739
<REALIZED-GAINS-CURRENT>                                                               29,131,886
<APPREC-INCREASE-CURRENT>                                                              45,907,975
<NET-CHANGE-FROM-OPS>                                                                  78,698,600
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 852,614
<DISTRIBUTIONS-OF-GAINS>                                                                8,964,456
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                16,086,457
<NUMBER-OF-SHARES-REDEEMED>                                                               796,961
<SHARES-REINVESTED>                                                                       627,174
<NET-CHANGE-IN-ASSETS>                                                                650,405,918
<ACCUMULATED-NII-PRIOR>                                                                 1,351,480
<ACCUMULATED-GAINS-PRIOR>                                                              30,815,220
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   2,001,045
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         4,221,753
<AVERAGE-NET-ASSETS>                                                                  159,550,000
<PER-SHARE-NAV-BEGIN>                                                                       15.40
<PER-SHARE-NII>                                                                              0.06
<PER-SHARE-GAIN-APPREC>                                                                      2.79
<PER-SHARE-DIVIDEND>                                                                         0.11
<PER-SHARE-DISTRIBUTIONS>                                                                    1.92
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         16.22
<EXPENSE-RATIO>                                                                              2.09
[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 Balanced  Value Fund - C
<SERIES>
   <NUMBER>          9
   <NAME>            Oppenheimer Quest for Value Funds

<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                                 790,838,302
<INVESTMENTS-AT-VALUE>                                                                849,337,271
<RECEIVABLES>                                                                          20,941,612
<ASSETS-OTHER>                                                                              7,069
<OTHER-ITEMS-ASSETS>                                                                      186,565
<TOTAL-ASSETS>                                                                        870,472,517
<PAYABLE-FOR-SECURITIES>                                                                1,277,931
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,250,521
<TOTAL-LIABILITIES>                                                                     2,528,452
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              779,217,178
<SHARES-COMMON-STOCK>                                                                   7,736,499
<SHARES-COMMON-PRIOR>                                                                   1,357,998
<ACCUMULATED-NII-CURRENT>                                                               1,755,363
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                                28,472,555
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                               58,498,969
<NET-ASSETS>                                                                          125,442,108
<DIVIDEND-INCOME>                                                                       1,379,712
<INTEREST-INCOME>                                                                       6,497,263
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          4,218,236
<NET-INVESTMENT-INCOME>                                                                 3,658,739
<REALIZED-GAINS-CURRENT>                                                               29,131,886
<APPREC-INCREASE-CURRENT>                                                              45,907,975
<NET-CHANGE-FROM-OPS>                                                                  78,698,600
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 349,363
<DISTRIBUTIONS-OF-GAINS>                                                                3,441,414
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 6,523,707
<NUMBER-OF-SHARES-REDEEMED>                                                               386,000
<SHARES-REINVESTED>                                                                       240,794
<NET-CHANGE-IN-ASSETS>                                                                650,405,918
<ACCUMULATED-NII-PRIOR>                                                                 1,351,480
<ACCUMULATED-GAINS-PRIOR>                                                              30,815,220
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   2,001,045
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         4,221,753
<AVERAGE-NET-ASSETS>                                                                   63,231,000
<PER-SHARE-NAV-BEGIN>                                                                       15.40
<PER-SHARE-NII>                                                                              0.07
<PER-SHARE-GAIN-APPREC>                                                                      2.78
<PER-SHARE-DIVIDEND>                                                                         0.12
<PER-SHARE-DISTRIBUTIONS>                                                                    1.92
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         16.21
<EXPENSE-RATIO>                                                                              2.09
[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-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                                 268,956,977
<INVESTMENTS-AT-VALUE>                                                                278,700,629
<RECEIVABLES>                                                                           7,348,130
<ASSETS-OTHER>                                                                              5,058
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                        286,053,817
<PAYABLE-FOR-SECURITIES>                                                                2,042,276
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,630,982
<TOTAL-LIABILITIES>                                                                     3,673,258
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              290,821,487
<SHARES-COMMON-STOCK>                                                                   9,195,974
<SHARES-COMMON-PRIOR>                                                                  10,613,924
<ACCUMULATED-NII-CURRENT>                                                              (1,144,768)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                               (17,039,812)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                9,743,652
<NET-ASSETS>                                                                          164,149,599
<DIVIDEND-INCOME>                                                                       1,259,279
<INTEREST-INCOME>                                                                         829,514
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          3,225,247
<NET-INVESTMENT-INCOME>                                                                (1,136,454)
<REALIZED-GAINS-CURRENT>                                                              (16,807,768)
<APPREC-INCREASE-CURRENT>                                                              35,063,397
<NET-CHANGE-FROM-OPS>                                                                  17,119,175
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                                5,919,289
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 2,108,817
<NUMBER-OF-SHARES-REDEEMED>                                                             3,859,879
<SHARES-REINVESTED>                                                                       333,112
<NET-CHANGE-IN-ASSETS>                                                                (25,934,544)
<ACCUMULATED-NII-PRIOR>                                                                    (8,314)
<ACCUMULATED-GAINS-PRIOR>                                                               9,779,029
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   1,470,311
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         3,225,477
<AVERAGE-NET-ASSETS>                                                                  174,007,000
<PER-SHARE-NAV-BEGIN>                                                                       17.29
<PER-SHARE-NII>                                                                             (0.04)
<PER-SHARE-GAIN-APPREC>                                                                      1.15
<PER-SHARE-DIVIDEND>                                                                         0.00
<PER-SHARE-DISTRIBUTIONS>                                                                    0.55
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         17.85
<EXPENSE-RATIO>                                                                              1.98
[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-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                                 268,956,977
<INVESTMENTS-AT-VALUE>                                                                278,700,629
<RECEIVABLES>                                                                           7,348,130
<ASSETS-OTHER>                                                                              5,058
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                        286,053,817
<PAYABLE-FOR-SECURITIES>                                                                2,042,276
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,630,982
<TOTAL-LIABILITIES>                                                                     3,673,258
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              290,821,487
<SHARES-COMMON-STOCK>                                                                   5,353,382
<SHARES-COMMON-PRIOR>                                                                   5,822,034
<ACCUMULATED-NII-CURRENT>                                                              (1,144,768)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                               (17,039,812)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                9,743,652
<NET-ASSETS>                                                                           92,729,706
<DIVIDEND-INCOME>                                                                       1,259,279
<INTEREST-INCOME>                                                                         829,514
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          3,225,247
<NET-INVESTMENT-INCOME>                                                                (1,136,454)
<REALIZED-GAINS-CURRENT>                                                              (16,807,768)
<APPREC-INCREASE-CURRENT>                                                              35,063,397
<NET-CHANGE-FROM-OPS>                                                                  17,119,175
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                                3,232,251
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   962,674
<NUMBER-OF-SHARES-REDEEMED>                                                             1,616,574
<SHARES-REINVESTED>                                                                       185,248
<NET-CHANGE-IN-ASSETS>                                                                (25,934,544)
<ACCUMULATED-NII-PRIOR>                                                                    (8,314)
<ACCUMULATED-GAINS-PRIOR>                                                               9,779,029
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   1,470,311
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         3,225,477
<AVERAGE-NET-ASSETS>                                                                   96,532,000
<PER-SHARE-NAV-BEGIN>                                                                       16.84
<PER-SHARE-NII>                                                                             (0.10)
<PER-SHARE-GAIN-APPREC>                                                                      1.13
<PER-SHARE-DIVIDEND>                                                                         0.00
<PER-SHARE-DISTRIBUTIONS>                                                                    0.55
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         17.32
<EXPENSE-RATIO>                                                                              2.47
[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 C
<SERIES>
   <NUMBER>          2
   <NAME>            Oppenheimer Quest for Value Funds

<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                                 268,956,977
<INVESTMENTS-AT-VALUE>                                                                278,700,629
<RECEIVABLES>                                                                           7,348,130
<ASSETS-OTHER>                                                                              5,058
<OTHER-ITEMS-ASSETS>                                                                            0
<TOTAL-ASSETS>                                                                        286,053,817
<PAYABLE-FOR-SECURITIES>                                                                2,042,276
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                               1,630,982
<TOTAL-LIABILITIES>                                                                     3,673,258
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                              290,821,487
<SHARES-COMMON-STOCK>                                                                   1,474,667
<SHARES-COMMON-PRIOR>                                                                   1,588,622
<ACCUMULATED-NII-CURRENT>                                                              (1,144,768)
<OVERDISTRIBUTION-NII>                                                                          0
<ACCUMULATED-NET-GAINS>                                                               (17,039,812)
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                                9,743,652
<NET-ASSETS>                                                                           25,501,254
<DIVIDEND-INCOME>                                                                       1,259,279
<INTEREST-INCOME>                                                                         829,514
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                          3,225,247
<NET-INVESTMENT-INCOME>                                                                (1,136,454)
<REALIZED-GAINS-CURRENT>                                                              (16,807,768)
<APPREC-INCREASE-CURRENT>                                                              35,063,397
<NET-CHANGE-FROM-OPS>                                                                  17,119,175
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                       0
<DISTRIBUTIONS-OF-GAINS>                                                                  859,533
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   463,629
<NUMBER-OF-SHARES-REDEEMED>                                                               627,279
<SHARES-REINVESTED>                                                                        49,695
<NET-CHANGE-IN-ASSETS>                                                                (25,934,544)
<ACCUMULATED-NII-PRIOR>                                                                    (8,314)
<ACCUMULATED-GAINS-PRIOR>                                                               9,779,029
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                   1,470,311
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                         3,225,477
<AVERAGE-NET-ASSETS>                                                                   25,818,000
<PER-SHARE-NAV-BEGIN>                                                                       16.81
<PER-SHARE-NII>                                                                             (0.10)
<PER-SHARE-GAIN-APPREC>                                                                      1.13
<PER-SHARE-DIVIDEND>                                                                         0.00
<PER-SHARE-DISTRIBUTIONS>                                                                    0.55
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         17.29
<EXPENSE-RATIO>                                                                              2.47
[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-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                               3,489,226,015
<INVESTMENTS-AT-VALUE>                                                              4,421,553,272
<RECEIVABLES>                                                                          95,337,383
<ASSETS-OTHER>                                                                             29,112
<OTHER-ITEMS-ASSETS>                                                                    3,669,664
<TOTAL-ASSETS>                                                                      4,520,589,431
<PAYABLE-FOR-SECURITIES>                                                                6,840,283
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              13,226,232
<TOTAL-LIABILITIES>                                                                    20,066,515
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                            3,229,965,238
<SHARES-COMMON-STOCK>                                                                  48,415,951
<SHARES-COMMON-PRIOR>                                                                  55,631,233
<ACCUMULATED-NII-CURRENT>                                                                       0
<OVERDISTRIBUTION-NII>                                                                    121,247
<ACCUMULATED-NET-GAINS>                                                               338,351,668
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                              932,327,257
<NET-ASSETS>                                                                        1,923,200,763
<DIVIDEND-INCOME>                                                                      26,390,980
<INTEREST-INCOME>                                                                      14,847,724
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         41,260,492
<NET-INVESTMENT-INCOME>                                                                   (21,788)
<REALIZED-GAINS-CURRENT>                                                              340,651,150
<APPREC-INCREASE-CURRENT>                                                             294,041,646
<NET-CHANGE-FROM-OPS>                                                                 634,671,008
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                              16,812,029
<DISTRIBUTIONS-OF-GAINS>                                                              100,566,948
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 4,535,285
<NUMBER-OF-SHARES-REDEEMED>                                                            14,867,587
<SHARES-REINVESTED>                                                                     3,117,020
<NET-CHANGE-IN-ASSETS>                                                                (20,931,823)
<ACCUMULATED-NII-PRIOR>                                                                26,521,050
<ACCUMULATED-GAINS-PRIOR>                                                             226,505,581
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                  19,040,445
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        41,261,723
<AVERAGE-NET-ASSETS>                                                                1,955,000,000
<PER-SHARE-NAV-BEGIN>                                                                       36.44
<PER-SHARE-NII>                                                                             (0.19)
<PER-SHARE-GAIN-APPREC>                                                                      5.63
<PER-SHARE-DIVIDEND>                                                                         0.31
<PER-SHARE-DISTRIBUTIONS>                                                                    1.85
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         39.72
<EXPENSE-RATIO>                                                                              1.59
[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-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                               3,489,226,015
<INVESTMENTS-AT-VALUE>                                                              4,421,553,272
<RECEIVABLES>                                                                          95,337,383
<ASSETS-OTHER>                                                                             29,112
<OTHER-ITEMS-ASSETS>                                                                    3,669,664
<TOTAL-ASSETS>                                                                      4,520,589,431
<PAYABLE-FOR-SECURITIES>                                                                6,840,283
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              13,226,232
<TOTAL-LIABILITIES>                                                                    20,066,515
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                            3,229,965,238
<SHARES-COMMON-STOCK>                                                                  52,728,350
<SHARES-COMMON-PRIOR>                                                                  55,769,627
<ACCUMULATED-NII-CURRENT>                                                                       0
<OVERDISTRIBUTION-NII>                                                                    121,247
<ACCUMULATED-NET-GAINS>                                                               338,351,668
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                              932,327,257
<NET-ASSETS>                                                                        2,059,853,314
<DIVIDEND-INCOME>                                                                      26,390,980
<INTEREST-INCOME>                                                                      14,847,724
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         41,260,492
<NET-INVESTMENT-INCOME>                                                                   (21,788)
<REALIZED-GAINS-CURRENT>                                                              340,651,150
<APPREC-INCREASE-CURRENT>                                                             294,041,646
<NET-CHANGE-FROM-OPS>                                                                 634,671,008
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                               7,873,963
<DISTRIBUTIONS-OF-GAINS>                                                              102,843,954
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                 3,010,353
<NUMBER-OF-SHARES-REDEEMED>                                                             9,039,581
<SHARES-REINVESTED>                                                                     2,987,951
<NET-CHANGE-IN-ASSETS>                                                                (20,931,823)
<ACCUMULATED-NII-PRIOR>                                                                26,521,050
<ACCUMULATED-GAINS-PRIOR>                                                             226,505,581
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                  19,040,445
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        41,261,723
<AVERAGE-NET-ASSETS>                                                                2,003,000,000
<PER-SHARE-NAV-BEGIN>                                                                       35.79
<PER-SHARE-NII>                                                                             (0.05)
<PER-SHARE-GAIN-APPREC>                                                                      5.32
<PER-SHARE-DIVIDEND>                                                                         0.14
<PER-SHARE-DISTRIBUTIONS>                                                                    1.85
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         39.07
<EXPENSE-RATIO>                                                                              2.10
[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-C
<SERIES>
   <NUMBER>          3
   <NAME>            Oppenheimer Quest for Value Funds

<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                               3,489,226,015
<INVESTMENTS-AT-VALUE>                                                              4,421,553,272
<RECEIVABLES>                                                                          95,337,383
<ASSETS-OTHER>                                                                             29,112
<OTHER-ITEMS-ASSETS>                                                                    3,669,664
<TOTAL-ASSETS>                                                                      4,520,589,431
<PAYABLE-FOR-SECURITIES>                                                                6,840,283
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              13,226,232
<TOTAL-LIABILITIES>                                                                    20,066,515
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                            3,229,965,238
<SHARES-COMMON-STOCK>                                                                  11,817,522
<SHARES-COMMON-PRIOR>                                                                  13,299,248
<ACCUMULATED-NII-CURRENT>                                                                       0
<OVERDISTRIBUTION-NII>                                                                    121,247
<ACCUMULATED-NET-GAINS>                                                               338,351,668
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                              932,327,257
<NET-ASSETS>                                                                          461,374,413
<DIVIDEND-INCOME>                                                                      26,390,980
<INTEREST-INCOME>                                                                      14,847,724
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         41,260,492
<NET-INVESTMENT-INCOME>                                                                   (21,788)
<REALIZED-GAINS-CURRENT>                                                              340,651,150
<APPREC-INCREASE-CURRENT>                                                             294,041,646
<NET-CHANGE-FROM-OPS>                                                                 634,671,008
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                               1,648,538
<DISTRIBUTIONS-OF-GAINS>                                                               24,240,785
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   897,499
<NUMBER-OF-SHARES-REDEEMED>                                                             3,087,052
<SHARES-REINVESTED>                                                                       707,827
<NET-CHANGE-IN-ASSETS>                                                                (20,931,823)
<ACCUMULATED-NII-PRIOR>                                                                26,521,050
<ACCUMULATED-GAINS-PRIOR>                                                             226,505,581
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                  19,040,445
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        41,261,723
<AVERAGE-NET-ASSETS>                                                                  463,000,000
<PER-SHARE-NAV-BEGIN>                                                                       35.75
<PER-SHARE-NII>                                                                             (0.06)
<PER-SHARE-GAIN-APPREC>                                                                      5.33
<PER-SHARE-DIVIDEND>                                                                         0.13
<PER-SHARE-DISTRIBUTIONS>                                                                    1.85
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         39.04
<EXPENSE-RATIO>                                                                              2.09
[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-Y
<SERIES>
   <NUMBER>          3
   <NAME>            Oppenheimer Quest for Value Funds

<S>                                                                     <C>
<PERIOD-TYPE>                                                           6-MOS
<FISCAL-YEAR-END>                                                       OCT-31-1999
<PERIOD-START>                                                          NOV-01-1998
<PERIOD-END>                                                            APR-30-1999
<INVESTMENTS-AT-COST>                                                               3,489,226,015
<INVESTMENTS-AT-VALUE>                                                              4,421,553,272
<RECEIVABLES>                                                                          95,337,383
<ASSETS-OTHER>                                                                             29,112
<OTHER-ITEMS-ASSETS>                                                                    3,669,664
<TOTAL-ASSETS>                                                                      4,520,589,431
<PAYABLE-FOR-SECURITIES>                                                                6,840,283
<SENIOR-LONG-TERM-DEBT>                                                                         0
<OTHER-ITEMS-LIABILITIES>                                                              13,226,232
<TOTAL-LIABILITIES>                                                                    20,066,515
<SENIOR-EQUITY>                                                                                 0
<PAID-IN-CAPITAL-COMMON>                                                            3,229,965,238
<SHARES-COMMON-STOCK>                                                                   1,408,634
<SHARES-COMMON-PRIOR>                                                                     623,374
<ACCUMULATED-NII-CURRENT>                                                                       0
<OVERDISTRIBUTION-NII>                                                                    121,247
<ACCUMULATED-NET-GAINS>                                                               338,351,668
<OVERDISTRIBUTION-GAINS>                                                                        0
<ACCUM-APPREC-OR-DEPREC>                                                              932,327,257
<NET-ASSETS>                                                                           56,094,426
<DIVIDEND-INCOME>                                                                      26,390,980
<INTEREST-INCOME>                                                                      14,847,724
<OTHER-INCOME>                                                                                  0
<EXPENSES-NET>                                                                         41,260,492
<NET-INVESTMENT-INCOME>                                                                   (21,788)
<REALIZED-GAINS-CURRENT>                                                              340,651,150
<APPREC-INCREASE-CURRENT>                                                             294,041,646
<NET-CHANGE-FROM-OPS>                                                                 634,671,008
<EQUALIZATION>                                                                                  0
<DISTRIBUTIONS-OF-INCOME>                                                                 285,979
<DISTRIBUTIONS-OF-GAINS>                                                                1,153,376
<DISTRIBUTIONS-OTHER>                                                                           0
<NUMBER-OF-SHARES-SOLD>                                                                   956,315
<NUMBER-OF-SHARES-REDEEMED>                                                               211,475
<SHARES-REINVESTED>                                                                        40,420
<NET-CHANGE-IN-ASSETS>                                                                (20,931,823)
<ACCUMULATED-NII-PRIOR>                                                                26,521,050
<ACCUMULATED-GAINS-PRIOR>                                                             226,505,581
<OVERDISTRIB-NII-PRIOR>                                                                         0
<OVERDIST-NET-GAINS-PRIOR>                                                                      0
<GROSS-ADVISORY-FEES>                                                                  19,040,445
<INTEREST-EXPENSE>                                                                              0
<GROSS-EXPENSE>                                                                        41,261,723
<AVERAGE-NET-ASSETS>                                                                   28,000,000
<PER-SHARE-NAV-BEGIN>                                                                       36.64
<PER-SHARE-NII>                                                                              0.40
<PER-SHARE-GAIN-APPREC>                                                                      5.09
<PER-SHARE-DIVIDEND>                                                                         0.46
<PER-SHARE-DISTRIBUTIONS>                                                                    1.85
<RETURNS-OF-CAPITAL>                                                                         0.00
<PER-SHARE-NAV-END>                                                                         39.82
<EXPENSE-RATIO>                                                                              1.39
[AVG-DEBT-OUTSTANDING]                                                                          0
[AVG-DEBT-PER-SHARE]                                                                         0.00


</TABLE>


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