[ARTICLE] 6
[CIK] 820120
[NAME] OPPENHEIMER CHAMPION INCOME FUND-- A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] SEP-30-2000
[PERIOD-START] OCT-01-1999
[PERIOD-END] MAR-31-2000
[INVESTMENTS-AT-COST] 1,529,875,792
[INVESTMENTS-AT-VALUE] 1,378,950,217
[RECEIVABLES] 45,921,384
[ASSETS-OTHER] 7,655
[OTHER-ITEMS-ASSETS] 137,662
[TOTAL-ASSETS] 1,425,016,918
[PAYABLE-FOR-SECURITIES] 4,913,076
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 10,553,505
[TOTAL-LIABILITIES] 15,466,581
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,586,192,312
[SHARES-COMMON-STOCK] 57,976,405
[SHARES-COMMON-PRIOR] 57,024,323
[ACCUMULATED-NII-CURRENT] 2,340,752
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (27,971,646)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (151,011,081)
[NET-ASSETS] 658,084,732
[DIVIDEND-INCOME] 5,098,392
[INTEREST-INCOME] 74,635,964
[OTHER-INCOME] 0
[EXPENSES-NET] 10,721,121
[NET-INVESTMENT-INCOME] 69,013,235
[REALIZED-GAINS-CURRENT] (12,105,048)
[APPREC-INCREASE-CURRENT] (40,582,803)
[NET-CHANGE-FROM-OPS] 16,325,384
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 33,429,855
[DISTRIBUTIONS-OF-GAINS] 4,516,076
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 15,269,863
[NUMBER-OF-SHARES-REDEEMED] 16,644,779
[SHARES-REINVESTED] 2,326,998
[NET-CHANGE-IN-ASSETS] (48,740,056)
[ACCUMULATED-NII-PRIOR] 1,878,917
[ACCUMULATED-GAINS-PRIOR] (6,193,014)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 4,493,839
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 10,733,860
[AVERAGE-NET-ASSETS] 688,401,000
[PER-SHARE-NAV-BEGIN] 11.84
[PER-SHARE-NII] 0.59
[PER-SHARE-GAIN-APPREC] (0.42)
[PER-SHARE-DIVIDEND] 0.58
[PER-SHARE-DISTRIBUTIONS] 0.08
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 11.35
[EXPENSE-RATIO] 1.05
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
