UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number:	811-22137
Exact name of registrant as specified in charter:	Oppenheimer Master Loan Fund, LLC
Address of principal executive offices:	6803 South Tucson Way
	Centennial, CO 80112-3924
Name and address of agent for service:	Cynthia Lo Bessette
	Executive Vice President & General Counsel
	OFI Global Asset Management, Inc.
	225 Liberty Street
	New York, NY 10281-1008
Registrant's telephone number, including area code:	303-768-3200
Date of fiscal year end:	9/30
Date of reporting period:	07/01/2015-06/30/2016

Item 1.

******************************* FORM N-Px REPORT *******************************

ICA File Number: 811-22137
Reporting Period: 07/01/2015 - 06/30/2016
Oppenheimer Master Loan Fund, LLC









====================== Oppenheimer Master Loan Fund, LLC =======================


MEDIA GENERAL, INC.

Ticker:       MEG            Security ID:  58441K100
Meeting Date: JUN 08, 2016   Meeting Type: Special
Record Date:  MAY 05, 2016

#     Proposal                                Mgt Rec   Vote Cast    Sponsor
1     Approve Merger Agreement                For       For          Management
2     Advisory Vote on Golden Parachutes      For       Against      Management
3     Adjourn Meeting                         For       For          Management

========== END NPX REPORT

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant:	Oppenheimer Master Loan Fund, LLC
By:	Arthur P. Steinmetz*
	Arthur P. Steinmetz,
	Trustee, President and Principal Executive Officer

Date: August 26, 2016

*By:	/s/ Taylor V. Edwards
	------------------------------------------
	Taylor V. Edwards, Attorney in Fact