-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PjawoBBR5EZJDX6s+SB5iPje5zSjRixSzRkKI4Xc/63KZg3Qlyst8vksb1pCNLYT RfitqfUcQgqvE0nQwndPcw== 0000935069-04-001592.txt : 20040929 0000935069-04-001592.hdr.sgml : 20040929 20040929135643 ACCESSION NUMBER: 0000935069-04-001592 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040731 FILED AS OF DATE: 20040929 DATE AS OF CHANGE: 20040929 EFFECTIVENESS DATE: 20040929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER SERIES FUND INC CENTRAL INDEX KEY: 0000356865 IRS NUMBER: 061207374 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-03346 FILM NUMBER: 041052233 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 303-768-3200 MAIL ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY STREET 2: N/A CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: CONNECTICUT MUTUAL INVESTMENT ACCOUNTS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CONNECTICUT MUTUAL LIQUID ACCOUNT INC DATE OF NAME CHANGE: 19851106 N-Q 1 rq375_11800.txt RQ375_11800.TXT UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY Investment Company Act file number 811-3346 OPPENHEIMER VALUE FUND ------------------------------------------------------- (Exact name of registrant as specified in charter) 6803 SOUTH TUCSON WAY, CENTENNIAL, COLORADO 80112-3924 ------------------------------------------------------- (Address of principal executive offices) (Zip code) Robert G. Zack, Esq. OppenheimerFunds, Inc. Two World Financial Center, New York, New York 10281-1008 ----------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: (303) 768-3200 Date of fiscal year end: OCTOBER 31 Date of reporting period: JULY 31, 2004 ITEM 1. SCHEDULE OF INVESTMENTS. - ------------------------------------------------------------------------------- STATEMENT OF INVESTMENTS July 31, 2004/Unaudited - -------------------------------------------------------------------------------
Shares Value - -------------------------------------------------------------------------------------------------------- Common Stocks--98.9% - -------------------------------------------------------------------------------------------------------- Consumer Discretionary--12.0% - -------------------------------------------------------------------------------------------------------- Hotels, Restaurants & Leisure--3.1% McDonald's Corp. 559,300 $ 15,380,750 - -------------------------------------------------------------------------------------------------------- Media--8.9% Liberty Media Corp., Cl. A 2,008,800 17,034,624 - -------------------------------------------------------------------------------------------------------- Liberty Media International, Inc., A Shares 1 142,740 4,450,633 - -------------------------------------------------------------------------------------------------------- News Corp. Ltd. (The), Sponsored ADR 9,700 328,830 - -------------------------------------------------------------------------------------------------------- News Corp. Ltd. (The), Sponsored ADR, Preference 15,700 498,789 - -------------------------------------------------------------------------------------------------------- UnitedGlobalCom, Inc., Cl. A 1 3,549,692 22,505,047 ------------- 44,817,923 - -------------------------------------------------------------------------------------------------------- Consumer Staples--4.9% - -------------------------------------------------------------------------------------------------------- Food & Staples Retailing--1.0% Costco Wholesale Corp. 121,400 4,936,124 - -------------------------------------------------------------------------------------------------------- Tobacco--3.9% Altria Group, Inc. 414,500 19,730,200 - -------------------------------------------------------------------------------------------------------- Energy--9.1% - -------------------------------------------------------------------------------------------------------- Energy Equipment & Services--1.1% Halliburton Co. 166,100 5,273,675 - -------------------------------------------------------------------------------------------------------- Oil & Gas--8.0% BP plc, ADR 485,200 27,345,872 - -------------------------------------------------------------------------------------------------------- Kinder Morgan, Inc. 73,900 4,434,739 - -------------------------------------------------------------------------------------------------------- LUKOIL, Sponsored ADR 78,700 8,482,286 ------------- 40,262,897 - -------------------------------------------------------------------------------------------------------- Financials--23.3% - -------------------------------------------------------------------------------------------------------- Commercial Banks--7.9% Bank of America Corp. 293,489 24,949,500 - -------------------------------------------------------------------------------------------------------- Wells Fargo & Co. 256,700 14,737,147 ------------- 39,686,647 - -------------------------------------------------------------------------------------------------------- Diversified Financial Services--7.9% Citigroup, Inc. 340,266 15,002,328 - -------------------------------------------------------------------------------------------------------- Franklin Resources, Inc. 154,200 7,440,150 - -------------------------------------------------------------------------------------------------------- Merrill Lynch & Co., Inc. 81,200 4,037,264 - -------------------------------------------------------------------------------------------------------- Morgan Stanley 268,300 13,235,239 ------------- 39,714,981 - -------------------------------------------------------------------------------------------------------- Insurance--6.0% Genworth Financial, Inc., Cl. A 1 130,200 2,960,748 - -------------------------------------------------------------------------------------------------------- Platinum Underwriters Holdings Ltd. 160,200 4,458,366 - -------------------------------------------------------------------------------------------------------- Prudential Financial, Inc. 382,400 17,804,544 - -------------------------------------------------------------------------------------------------------- UnumProvident Corp. 305,500 4,872,725 ------------- 30,096,383 - -------------------------------------------------------------------------------------------------------- Thrifts & Mortgage Finance--1.5% Fannie Mae 34,000 2,412,640 - -------------------------------------------------------------------------------------------------------- Freddie Mac 73,800 4,746,078 ------------- 7,158,718 - -------------------------------------------------------------------------------------------------------- Health Care--3.0% - -------------------------------------------------------------------------------------------------------- Biotechnology--3.0% MedImmune, Inc. 1 438,200 10,096,128 - -------------------------------------------------------------------------------------------------------- Wyeth 144,700 5,122,380 ------------- 15,218,508 - -------------------------------------------------------------------------------------------------------- Industrials--19.4% - -------------------------------------------------------------------------------------------------------- Aerospace & Defense--8.0% Boeing Co. 115,300 5,851,475 - -------------------------------------------------------------------------------------------------------- Empresa Brasileira de Aeronautica SA, ADR 267,000 7,636,200 - -------------------------------------------------------------------------------------------------------- Raytheon Co. 800,900 26,870,195 ------------- 40,357,870 - -------------------------------------------------------------------------------------------------------- Commercial Services & Supplies--3.3% Cendant Corp. 712,800 16,308,864 - -------------------------------------------------------------------------------------------------------- Industrial Conglomerates--8.1% General Electric Co. 670,000 22,277,500 - -------------------------------------------------------------------------------------------------------- Tyco International Ltd. 589,600 18,277,600 ------------- 40,555,100 - -------------------------------------------------------------------------------------------------------- Information Technology--13.2% - -------------------------------------------------------------------------------------------------------- Computers & Peripherals--5.9% Hewlett-Packard Co. 249,300 5,023,395 - -------------------------------------------------------------------------------------------------------- International Business Machines Corp. 281,400 24,501,498 ------------- 29,524,893 - -------------------------------------------------------------------------------------------------------- Semiconductors & Semiconductor Equipment--3.1% Freescale Semiconductor, Inc., Cl. A 1 1,093,300 15,360,865 - -------------------------------------------------------------------------------------------------------- Software--4.2% Compuware Corp. 1 487,100 2,406,274 - -------------------------------------------------------------------------------------------------------- Take-Two Interactive Software, Inc. 1 602,000 18,854,640 ------------- 21,260,914 - -------------------------------------------------------------------------------------------------------- Materials--3.2% - -------------------------------------------------------------------------------------------------------- Chemicals--2.6% Dow Chemical Co. 59,200 2,361,488 - -------------------------------------------------------------------------------------------------------- Praxair, Inc. 266,700 10,521,315 ------------- 12,882,803 - -------------------------------------------------------------------------------------------------------- Metals & Mining--0.6% Inco Ltd. 1 99,700 3,326,989 - -------------------------------------------------------------------------------------------------------- Telecommunication Services--6.1% - -------------------------------------------------------------------------------------------------------- Diversified Telecommunication Services--5.4% IDT Corp., Cl. B 1 867,713 13,666,480 - -------------------------------------------------------------------------------------------------------- SBC Communications, Inc. 313,800 7,951,692 - -------------------------------------------------------------------------------------------------------- Verizon Communications, Inc. 139,900 5,391,746 ---------------- 27,009,918 - -------------------------------------------------------------------------------------------------------- Wireless Telecommunication Services--0.7% Vodafone Group plc, Sponsored ADR 173,900 3,778,847 - -------------------------------------------------------------------------------------------------------- Utilities--4.7% - -------------------------------------------------------------------------------------------------------- Electric Utilities--3.6% AES Corp. (The) 1 1,204,600 11,624,390 - -------------------------------------------------------------------------------------------------------- PG&E Corp. 1 224,500 6,407,230 ---------------- 18,031,620 - -------------------------------------------------------------------------------------------------------- Gas Utilities--1.1% Sempra Energy 146,500 5,237,376 ------------- Total Common Stocks (Cost $451,366,076) 495,912,865 Units - -------------------------------------------------------------------------------------------------------- Rights, Warrants and Certificates--0.0% Liberty Media International, Inc., A Shares Rts., Exp. 8/23/04 1 (Cost $0) 28,548 171,573 Principal Amount - -------------------------------------------------------------------------------------------------------- Joint Repurchase Agreements--1.1% Undivided interest of 6.84% in joint repurchase agreement (Principal Amount/Value $79,582,000, with a maturity value of $79,590,555) with Zions Bank/Capital Markets Group, 1.29%, dated 7/30/04, to be repurchased at $5,445,585 on 8/2/04, collateralized by U.S. Treasury Bills, 9/9/04--1/13/05, with a value of $81,222,748 (Cost $5,445,000) $5,445,000 5,445,000 - -------------------------------------------------------------------------------------------------------- Total Investments, at Value (Cost $456,811,076) 100.0% 501,529,438 - -------------------------------------------------------------------------------------------------------- Liabilities in Excess of Other Assets 0.0 (100,214) ------------------------------ Net Assets 100.0% $501,429,224 ==============================
Footnote to Statement of Investments 1. Non-income producing security. ITEM 2. CONTROLS AND PROCEDURES. (a) Based on their evaluation of registrant's disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940 (17 CFR 270.30a-3(c)) as of July 31, 2004, registrant's principal executive officer and principal financial officer found registrant's disclosure controls and procedures to provide reasonable assurances that information required to be disclosed by registrant in the reports that it files under the Securities Exchange Act of 1934 (a) is accumulated and communicated to registrant's management, including its principal executive officer and principal financial officer, to allow timely decisions regarding required disclosure, and (b) is recorded, processed, summarized and reported, within the time periods specified in the rules and forms adopted by the U.S. Securities and Exchange Commission. (b) There have been no significant changes in registrant's internal controls over financial reporting that occurred during the registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting. ITEM 3. EXHIBITS. (a) Exhibits attached hereto. (Attach certifications as exhibits) EX-99.CERT 2 ex99_302-375.txt EX99_302-375.TXT Exhibit 99.CERT Section 302 Certifications CERTIFICATIONS I, JOHN V. MURPHY, certify that: 1. I have reviewed this report on Form N-Q of Oppenheimer Value Fund; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/John V. Murphy - ---------------------------- John V. Murphy Chief Executive Officer Date: 9/16/04 Exhibit 99.CERT Section 302 Certifications CERTIFICATIONS I, BRIAN W. WIXTED, certify that: 1. I have reviewed this report on Form N-Q of Oppenheimer Value Fund; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. /s/Brian W. Wixted - ---------------------------- Brian W. Wixted Chief Financial Officer Date: 9/16/04 -----END PRIVACY-ENHANCED MESSAGE-----