-----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, MNc/3c/dsDoOw3HZ/RPS0xvcvwefuTQG/Kgzk0ER/NCsZwo24zK9gGiKsnQCntZ+ i6X2+ZXF+/Zl/AwJftezRA== 0000045156-97-000013.txt : 19971030 0000045156-97-000013.hdr.sgml : 19971030 ACCESSION NUMBER: 0000045156-97-000013 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 8 CONFORMED PERIOD OF REPORT: 19970831 FILED AS OF DATE: 19971029 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER EQUITY INCOME FUND INC CENTRAL INDEX KEY: 0000045156 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 840578481 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: SEC FILE NUMBER: 811-01512 FILM NUMBER: 97702821 BUSINESS ADDRESS: STREET 1: 3410 S GALENA ST CITY: DENVER STATE: CO ZIP: 80231 BUSINESS PHONE: 3036713200 FORMER COMPANY: FORMER CONFORMED NAME: CENTENNIAL EQUITY INCOME FUND INC DATE OF NAME CHANGE: 19830428 FORMER COMPANY: FORMER CONFORMED NAME: HAMILTON INCOME FUND INC DATE OF NAME CHANGE: 19811115 FORMER COMPANY: FORMER CONFORMED NAME: HAMILTON MILE HI FUND INC DATE OF NAME CHANGE: 19701016 NSAR-B 1 N-SAR (3.0.A) PAGE 1 000 B000000 08/31/97 000 C000000 0000045156 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 3.0.a 000 J000000 U 001 A000000 OPPENHEIMER EQUITY INCOME FUND 001 B000000 811-1512 001 C000000 3037683200 002 A000000 6803 SOUTH TUCSON WAY 002 B000000 ENGLEWOOD 002 C000000 CO 002 D010000 80112 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A000001 OPPENHEIMERFUNDS, INC. 008 B000001 A 008 C000001 801-8253 008 D010001 NEW YORK 008 D020001 NY 008 D030001 10048 008 D040001 0203 018 000000 Y 019 A000000 Y 019 B000000 49 019 C000000 OPPENHEIMR 020 A000001 SALOMON BROTHERS, INC. 020 B000001 13-3082694 020 C000001 118 020 A000002 MORGAN STANLEY & CO., INC. 020 B000002 13-2655998 020 C000002 57 020 A000003 BEAR STEARNS & CO., INC. 020 B000003 13-3299429 PAGE 2 020 C000003 53 020 A000004 LEHMAN BROTHERS, INC. 020 B000004 13-2518466 020 C000004 45 020 A000005 FINANCIAL NETWORK INVESTMENT CORP. 020 B000005 95-3845382 020 C000005 41 020 A000006 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC. 020 B000006 13-5674085 020 C000006 37 020 A000007 FIRST BOSTON CORP. (THE) 020 B000007 13-5659485 020 C000007 31 020 A000008 ROYAL ALLIANCE ASSOCIATES, INC. 020 B000008 93-0987232 020 C000008 28 020 A000009 MORGAN (J.P.) SECURITIES, INC. 020 B000009 13-3224016 020 C000009 27 020 A000010 PAINEWEBBER, INC. 020 B000010 13-2638166 020 C000010 21 021 000000 706 022 A000001 MORGAN GUARANTY TRUST CO. 022 B000001 13-5123346 022 C000001 21626100 022 D000001 0 022 A000002 GOLDMAN, SACHS & CO. 022 B000002 13-5108880 022 C000002 13542214 022 D000002 17674 022 A000003 ZION FIRST NATIONAL BANK 022 B000003 87-0189025 022 C000003 7493100 022 D000003 0 022 A000004 PAINEWEBBER, INC. 022 B000004 13-2638166 022 C000004 3726603 022 D000004 7469 022 A000005 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC. 022 B000005 13-5674085 022 C000005 416768 022 D000005 52507 022 A000006 CANADIAN IMPERIAL BANK OF COMMERCE 022 B000006 FOREIGN 022 C000006 305800 022 D000006 0 022 A000007 SALOMON BROTHERS, INC. 022 B000007 13-3082694 022 C000007 52636 022 D000007 175302 PAGE 3 022 A000008 LEHMAN BROTHERS, INC. (SHEARSON LEHMAN) 022 B000008 13-2518466 022 C000008 62089 022 D000008 49185 022 A000009 MORGAN STANLEY & CO., INC. 022 B000009 13-2655998 022 C000009 46258 022 D000009 40937 022 A000010 FIRST BOSTON CORP. (THE) 022 B000010 13-5659485 022 C000010 7329 022 D000010 54605 023 C000000 48763350 023 D000000 640239 024 000000 N 028 A010000 48464 028 A020000 24028 028 A030000 0 028 A040000 32538 028 B010000 42834 028 B020000 -1 028 B030000 0 028 B040000 47543 028 C010000 52446 028 C020000 -1 028 C030000 0 028 C040000 29504 028 D010000 37248 028 D020000 24253 028 D030000 0 028 D040000 28748 028 E010000 38641 028 E020000 1 028 E030000 0 028 E040000 28311 028 F010000 43236 028 F020000 0 028 F030000 0 028 F040000 45955 028 G010000 262869 028 G020000 48280 028 G030000 0 028 G040000 212599 028 H000000 97677 029 000000 Y 030 A000000 5180 030 B000000 5.75 030 C000000 0.00 031 A000000 1574 031 B000000 0 032 000000 3606 PAGE 4 033 000000 0 034 000000 Y 035 000000 482 036 A000000 N 036 B000000 0 042 A000000 0 042 B000000 0 042 C000000 0 042 D000000 100 042 E000000 0 042 F000000 0 042 G000000 0 042 H000000 0 043 000000 8427 044 000000 0 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.000 048 A010000 100000 048 A020000 0.750 048 B010000 100000 048 B020000 0.700 048 C010000 100000 048 C020000 0.650 048 D010000 100000 048 D020000 0.600 048 E010000 100000 048 E020000 0.550 048 F010000 0 048 F020000 0.000 048 G010000 0 048 G020000 0.000 048 H010000 0 048 H020000 0.000 048 I010000 0 048 I020000 0.000 048 J010000 0 048 J020000 0.000 048 K010000 500000 048 K020000 0.500 055 A000000 Y 055 B000000 N 056 000000 N 057 000000 N 062 A000000 N 062 B000000 0.0 062 C000000 0.0 062 D000000 0.0 062 E000000 0.0 062 F000000 0.0 PAGE 5 062 G000000 0.0 062 H000000 0.0 062 I000000 0.0 062 J000000 0.0 062 K000000 0.0 062 L000000 0.0 062 M000000 0.0 062 N000000 0.0 062 O000000 0.0 062 P000000 0.0 062 Q000000 0.0 062 R000000 0.0 063 A000000 0 063 B000000 0.0 070 A010000 Y 070 A020000 Y 070 B010000 Y 070 B020000 N 070 C010000 Y 070 C020000 Y 070 D010000 Y 070 D020000 N 070 E010000 Y 070 E020000 N 070 F010000 Y 070 F020000 N 070 G010000 Y 070 G020000 N 070 H010000 Y 070 H020000 N 070 I010000 N 070 I020000 N 070 J010000 Y 070 J020000 Y 070 K010000 N 070 K020000 N 070 L010000 Y 070 L020000 Y 070 M010000 Y 070 M020000 Y 070 N010000 Y 070 N020000 N 070 O010000 N 070 O020000 N 070 P010000 Y 070 P020000 Y 070 Q010000 N 070 Q020000 N 070 R010000 N 070 R020000 N 071 A000000 717104 PAGE 6 071 B000000 599984 071 C000000 2529253 071 D000000 24 072 A000000 12 072 B000000 76576 072 C000000 60064 072 D000000 0 072 E000000 0 072 F000000 14800 072 G000000 0 072 H000000 0 072 I000000 2968 072 J000000 183 072 K000000 676 072 L000000 531 072 M000000 82 072 N000000 0 072 O000000 0 072 P000000 0 072 Q000000 0 072 R000000 44 072 S000000 46 072 T000000 8427 072 U000000 0 072 V000000 0 072 W000000 87 072 X000000 27844 072 Y000000 0 072 Z000000 108796 072AA000000 160097 072BB000000 3925 072CC010000 524310 072CC020000 0 072DD010000 90387 072DD020000 9876 072EE000000 85201 073 A010000 0.4800 073 A020000 0.3797 073 B000000 0.4026 073 C000000 0.0000 074 A000000 0 074 B000000 176400 074 C000000 149847 074 D000000 785042 074 E000000 117044 074 F000000 1794762 074 G000000 0 074 H000000 0 074 I000000 186337 074 J000000 174 074 K000000 0 PAGE 7 074 L000000 16983 074 M000000 116 074 N000000 3226705 074 O000000 8534 074 P000000 196 074 Q000000 0 074 R010000 0 074 R020000 0 074 R030000 176 074 R040000 16278 074 S000000 0 074 T000000 3201521 074 U010000 192764 074 U020000 30789 074 V010000 14.12 074 V020000 14.01 074 W000000 0.0000 074 X000000 172348 074 Y000000 15037 075 A000000 0 075 B000000 2815083 076 000000 0.00 077 A000000 Y 077 B000000 Y 077 C000000 Y 077 D000000 Y 077 E000000 N 077 F000000 N 077 G000000 N 077 H000000 N 077 I000000 N 077 J000000 Y 077 K000000 N 077 L000000 N 077 M000000 N 077 N000000 N 077 O000000 N 077 P000000 N 077 Q010000 Y 077 Q020000 N 077 Q030000 N 078 000000 N 080 A000000 ICI MUTUAL INSURANCE CO. 080 C000000 78000 081 A000000 Y 081 B000000 93 082 A000000 N 082 B000000 0 083 A000000 N 083 B000000 0 084 A000000 N PAGE 8 084 B000000 0 085 A000000 Y 085 B000000 N SIGNATURE GEORGE C. BOWEN TITLE TREASURER EX-27 2 WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
6 045156 OPPENHEIMER EQUITY INCOME FUND -A 12-MOS AUG-31-1997 SEP-01-1996 AUG-31-1997 2,256,496,231 3,209,431,487 17,157,706 70,430 45,571 3,226,705,194 8,534,019 0 16,650,293 25,184,312 0 2,079,711,486 192,764,206 185,740,752 18,883,337 0 150,225,211 0 952,700,848 2,721,671,770 60,064,066 76,575,702 0 27,844,056 108,795,712 156,172,442 524,310,151 789,278,305 0 90,387,132 74,843,781 0 22,312,307 27,925,816 12,636,963 824,104,328 10,933,236 79,266,067 0 0 14,800,449 0 27,844,056 2,446,302,000 11.36 0.47 3.17 0.48 0.40 0.00 14.12 0.88 0 0.00

EX-27 3 WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
6 045156 OPPENHEIMER EQUITY INCOME FUND -B 12-MOS AUG-31-1997 SEP-01-1996 AUG-31-1997 2,256,496,231 3,209,431,487 17,157,706 70,430 45,571 3,226,705,194 8,534,019 0 16,650,293 25,184,312 0 2,079,711,486 30,788,852 22,998,516 18,883,337 0 150,225,211 0 952,700,848 431,481,249 60,064,066 76,575,702 0 27,844,056 108,795,712 156,172,442 524,310,151 789,278,305 0 9,876,167 9,970,652 0 9,869,512 3,589,063 1,509,887 824,104,328 10,933,236 79,266,067 0 0 14,800,449 0 27,844,056 344,270,000 11.29 0.37 3.13 0.38 0.40 0.00 14.01 1.69 0 0.00

EX-27 4
6 045156 OPPENHEIMER EQUITY INCOME FUND -C 12-MOS AUG-31-1997 SEP-01-1996 AUG-31-1997 2,256,496,231 3,209,431,487 17,157,706 70,430 45,571 3,226,705,194 8,534,019 0 16,650,293 25,184,312 0 2,079,711,486 3,450,666 653,028 18,883,337 0 150,225,211 0 952,700,848 48,367,863 60,064,066 76,575,702 0 27,844,056 108,795,712 156,172,442 524,310,151 789,278,305 0 666,754 386,132 0 3,032,244 315,866 81,260 824,104,328 10,933,236 79,266,067 0 0 14,800,449 0 27,844,056 24,511,000 11.30 0.40 3.12 0.40 0.40 0.00 14.02 1.69 0 0.00

EX-22 5 SHAREHOLDER MEETING (Unaudited) On July 16, 1997, a shareholder meeting was held at which the eleven Trustees identified below were elected, the selection of KPMG Deloitte & Touche LLP as the independent certified public accountants and auditors of the Fund for the fiscal year beginning September 1, 1996 was ratified (Proposal No. 1), the proposed change to certain of the Fund's fundamental investment policies were approved (Proposals No. 2), the Investment Advisory Agreement between the Fund and OppenheimerFunds, Inc. was approved (Proposal No. 3), the Fund's Class B 12b-1 Distribution and Service Plan was approved by Class B shareholders (Proposal No. 4), and the Fund's Class C 12b-1 Distribution and Service Plan was approved by Class C shareholders (Proposal No. 5) as described in the Fund's proxy statement for that meeting. The following is a report of the votes cast:
Withheld/ Broker Nominee/Proposal For Against Abstain Non-Votes Total - ---------------- --- ------- ------- --------- ----- TRUSTEES - -------- Robert G. Avis 122,710,693.186 3,033,873.574 1,969,712 125,744,566.760 William A. Baker 121,262,782.406 4,481,784.354 1,969,712 125,744,566.760 Charles Conrad, Jr. 122,873,460.508 2,871,106.252 1,969,712 125,744,566.760 Jon S. Fossel 121,772,848.105 3,971,718.655 1,969,712 125,744,566.760 Sam Freedman 122,711,839.062 3,032,727.698 1,969,712 125,744,566.760 Raymond Kalinowski 121,893,986.740 3,850,580.020 1,969,712 125,744,566.760 C. Howard Kast 122,379,483.606 3,347,083.154 1,969,712 125,744,566.760 Robert M. Kirchner 121,705,189.387 4,039,377.373 1,969,712 125,744,566.760 Bridget A. Macaskill 122,699,426.391 3,045,140.369 1,969,712 125,744,566.760 Ned Steel 121,502,182.081 4,242,384.679 1,969,712 125,744,566.760 James C. Swain 122,679,080.441 3,065,486.319 1,969,712 125,744,566.760 Proposal No. 1 117,160,758.715 2,861,590.825 6,290,445.725 1,969,710 126,312,795.265 Proposal No. 2 94,830,125.636 7,765,180.357 8,832,185.668 13,209,161 111,427,491.661 Proposal No. 3 114,10,848.019 3,584,531.460 8,819,706.396 1,969,721 126,565,085.875 Proposal No. 4 15,332,103.823 552,803.651 1,096,180.209 262,526 16,981,087.683 Proposal No. 5 1,446,599.595 32,570.567 237,643.945 270,584 1,716,814.107
EX-23 6 To the Board of Trustees of Oppenheimer Equity Income Fund: In planning and performing our audit of the financial statements of Oppenheimer Equity Income Fund (the Fund) for the year ended August 31, 1997 (on which we have issued our report dated September 22, 1997), we considered its internal control structure, including procedures for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on the internal control structure. The management of the Fund is responsible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of internal control structure policies and procedures. Two of the objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition and that transactions are executed in accordance with management's authorization and recorded properly to permit preparation of financial statements in conformity with generally accepted accounting principles. Because of inherent limitations in any internal control structure, errors or irregularities may occur and not be detected. Also, projection of any evaluation of the structure to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of the specific internal control structure elements does not reduce to a relatively low level the risk that errors or irregularities in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving the internal control structure, including procedures for safeguarding securities, that we consider to be material weaknesses as defined above as of August 31, 1997. This report is intended solely for the information and use of management, the Board of Trustees and the Securities and Exchange Commission. Yours truly, /s/Deloitte & Touche LLP September 22, 1997 EX-99 7 During the year ended August 31, 1997, the Fund adjusted the classification of distributions to shareholders to reflect the differences between financial statement amounts and distributions determined in accordance with income tax regulations. Accordingly, during the period ended August 31, 1997, amounts have been reclassified to reflect an increase in undistributed net investment income of $84,443, a decrease in accumulated net realized gain on investments of $12,734, and a decrease in paid-in capital of $71,709. EX-99 8 Shareholders of the Fund approved the following changes to certain of the Fund's fundamental investment policies to give the Fund further investment flexibility. o REAL ESTATE INVESTMENT TRUSTS. The Fund's fundamental investment policy prohibiting it from buying or selling real estate or interests in real estate investment trusts was changed to read as follows: "The Fund cannot invest in real estate or in interests in real estate, but may purchase securities of issuers holding real estate or interests therein." o INVESTMENTS IN OTHER INVESTMENT COMPANIES. The Fund's fundamental investment policy, prohibiting the Fund from buying securities of other investment companies, except in connection with a merger or consolidation was eliminated and the Fund may purchase securities of other investment companies to the extent permitted by law, regulation and exemptions, subject to the approval by the Board of Trustees. o COMMODITIES. The Fund's fundamental investment policy, which prohibited the Fund from buying or selling commodities or commodity contracts other than those hedging instruments which are considered commodities was replaced with the following new fundamental policy: "The Fund cannot invest in physical commodities or physical commodity contracts; however, the Fund may: (i) buy and sell hedging instruments permitted by any of its other investment policies, and (ii) buy and sell options, futures, securities or other instruments backed by, or the investment return from which is linked to changes in the price of, physical commodities." o HEDGING. The Fund's fundamental investment policies that pertain to the use of certain hedging instruments were revised to read as follows: "The Fund cannot engage in short sales or purchase securities on margin; however, the Fund may make margin deposits in connection with any of its other investments;" and "The Fund cannot mortgage, pledge or hypothecate the Fund's assets; the escrow, collateral and margin arrangements involved with any of its investments are not considered to involve a mortgage, hypothecation or pledge." o BORROWING. The Fund's fundamental investment policy prohibiting it from borrowing money was revised to read as follows: "The Fund cannot borrow money, except for temporary, emergency purposes or under other unusual circumstances." o UNDERWRITING SECURITIES. The Fund's investment policy prohibiting it from acting as an underwriter of securities of other issuers was revised to read as follows: "The Fund cannot act as an underwriter of securities of other issuers, except in connection with sales of its portfolio securities." ~~-----END PRIVACY-ENHANCED MESSAGE-----~~