-----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, SIX1nOJHknEoUSdJn1WhZevk8aovdfrNsGQ8Z9Uq/QWqgNRVDVQ5biKqTTOmAMWi r/5ZRV9XB3ebzM1MNFAhhQ== 0000935069-04-001885.txt : 20041126 0000935069-04-001885.hdr.sgml : 20041125 20041124174435 ACCESSION NUMBER: 0000935069-04-001885 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040930 FILED AS OF DATE: 20041126 DATE AS OF CHANGE: 20041124 EFFECTIVENESS DATE: 20041126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPPENHEIMER VARIABLE ACCOUNT FUNDS CENTRAL INDEX KEY: 0000752737 IRS NUMBER: 840974272 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-04108 FILM NUMBER: 041168273 BUSINESS ADDRESS: STREET 1: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 BUSINESS PHONE: 3036713200 MAIL ADDRESS: STREET 2: 6803 SOUTH TUCSON WAY CITY: CENTENNIAL STATE: CO ZIP: 80112-3924 FORMER COMPANY: FORMER CONFORMED NAME: OPPENHEIMER VARIABLE LIFE FUNDS DATE OF NAME CHANGE: 19860609 N-Q 1 rq660_11964nq.txt RQ660_11964NQ.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 811-4108 Oppenheimer Money Fund/VA (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: December 31 Date of reporting period: September 30, 2004 ITEM 1. SCHEDULE OF INVESTMENTS. STATEMENT OF INVESTMENTS September 30, 2004 (Unaudited) ================================================================================ Oppenheimer Money Fund/VA
Principal Amount Value - ------------------------------------------------------------------------------------------------- CERTIFICATES OF DEPOSIT--17.6% - ------------------------------------------------------------------------------------------------- DOMESTIC CERTIFICATES OF DEPOSIT--4.6% Citibank NA, 1.67%, 11/23/04 $ 5,000,000 $ 5,000,000 - ------------------------------------------------------------------------------------------------- M&I Marshall & Ilsley Bank, 1.81%, 12/20/04 5,000,000 4,999,329 ------------- 9,999,329 - ------------------------------------------------------------------------------------------------- YANKEE CERTIFICATES OF DEPOSIT--13.0% BNP Paribas, New York, 1.74%, 6/22/05 1 5,000,000 4,998,362 - ------------------------------------------------------------------------------------------------- Nordea Bank Finland plc, New York Branch: 1.75%, 12/15/04 3,000,000 3,000,000 1.765%, 6/29/05 1 3,000,000 2,999,216 - ------------------------------------------------------------------------------------------------- Royal Bank of Scotland, New York, 1.77%, 12/22/04 3,400,000 3,400,000 - ------------------------------------------------------------------------------------------------- Societe Generale, New York, 1.69%, 6/14/05 1 5,000,000 4,998,941 - ------------------------------------------------------------------------------------------------- Svenska Handelsbanken NY, 1.72%, 12/20/04 5,000,000 5,000,000 - ------------------------------------------------------------------------------------------------- Toronto Dominion Bank, New York, 1.74%, 12/2/04 4,000,000 4,000,000 ------------- 28,396,519 ------------- Total Certificates of Deposit (Cost $38,395,848) 38,395,848 - ------------------------------------------------------------------------------------------------- DIRECT BANK OBLIGATIONS--11.6% AB SPINTAB, 1.66%, 12/7/04 5,000,000 4,984,553 - ------------------------------------------------------------------------------------------------- ABN AMRO North America Finance, Inc., 1.70%, 12/10/04 2,500,000 2,491,736 - ------------------------------------------------------------------------------------------------- DnB NOR Bank ASA, 1.81%, 12/10/04 2,700,000 2,690,524 - ------------------------------------------------------------------------------------------------- Governor & Co. of the Bank of Ireland, 2.08%, 3/29/05 2 2,000,000 1,979,316 - ------------------------------------------------------------------------------------------------- HBOS Treasury Services: 1.635%, 11/2/04 5,000,000 4,992,733 1.70%, 12/9/04 1,557,000 1,551,927 - ------------------------------------------------------------------------------------------------- Nordea North America, Inc., 1.60%, 10/14/04 1,000,000 999,422 - ------------------------------------------------------------------------------------------------- Societe Generale North America, 1.71%, 12/15/04 2,800,000 2,790,025 - ------------------------------------------------------------------------------------------------- UBS Finance (Delaware) LLC, 1.88%, 10/1/04 2,800,000 2,800,000 ------------- Total Direct Bank Obligations (Cost $25,280,236) 25,280,236 - ------------------------------------------------------------------------------------------------- SHORT-TERM NOTES--63.8% - ------------------------------------------------------------------------------------------------- ASSET-BACKED--21.5% Crown Point Capital Co.: 1.85%, 1/21/05 2 4,100,000 4,076,402 2.11%, 3/21/05 2 2,325,000 2,301,698 - ------------------------------------------------------------------------------------------------- Eiffel Funding LLC: 1.61%, 10/25/04 2 4,250,000 4,245,438 1.68%, 11/18/04 2 2,500,000 2,494,400 - ------------------------------------------------------------------------------------------------- FCAR Owner Trust I, 1.61%, 10/15/04 5,900,000 5,896,374 - ------------------------------------------------------------------------------------------------- Gotham Funding Corp.: 1.84%, 10/26/04 2 3,750,000 3,745,208 1.85%, 10/5/04 2 2,500,000 2,499,536 - ------------------------------------------------------------------------------------------------- GOVCO, Inc., 1.55%, 10/19/04 2 2,800,000 2,797,830 - ------------------------------------------------------------------------------------------------- Legacy Capital LLC, 2.02%, 3/4/05 2 2,500,000 2,478,290 - ------------------------------------------------------------------------------------------------- Lexington Parker Capital Co. LLC, 1.74%, 11/16/04 2 1,219,000 1,216,290 - ------------------------------------------------------------------------------------------------- Neptune Funding Corp.: 1.86%, 10/4/04 2 2,901,000 2,900,601 2.04%, 3/7/05 2 3,500,000 3,468,862 - ------------------------------------------------------------------------------------------------- Thornburg Mortgage Capital Resources, 1.69%, 11/1/04 2 2,500,000 2,497,543 - ------------------------------------------------------------------------------------------------- Victory Receivables Corp.: 1.69%, 10/6/04 2 1,202,000 1,201,741 1.70%, 10/12/04 2 5,000,000 4,997,632 ------------- 46,817,845 - ------------------------------------------------------------------------------------------------- CAPITAL MARKETS--12.4% Banc of America Securities LLC, 1.86%, 10/1/04 1 5,000,000 5,000,000 - ------------------------------------------------------------------------------------------------- Citigroup Global Markets Holdings, Inc., 1.56%, 10/22/04 2,500,000 2,497,732 - ------------------------------------------------------------------------------------------------- First Clearing LLC, 1.93%, 6/6/05 1 8,000,000 8,000,000 - ------------------------------------------------------------------------------------------------- Goldman Sachs Group, Inc.: 1.25%, 10/20/04 3 1,500,000 1,500,000 1.81%, 12/15/04 3 5,000,000 5,000,000 - ------------------------------------------------------------------------------------------------- Lehman Brothers, Inc., 2.13%, 12/15/04 1 5,000,000 5,000,000 ------------- 26,997,732 - ------------------------------------------------------------------------------------------------- COMMERCIAL BANKS--4.6% Bank of America Corp., 1.60%, 10/26/04 5,000,000 4,994,444 - ------------------------------------------------------------------------------------------------- HSBC USA, Inc., 1.64%, 11/1/04 5,000,000 4,992,960 ------------- 9,987,404 - ------------------------------------------------------------------------------------------------- COMMERCIAL FINANCE--1.6% Private Export Funding Corp.: 1.73%, 12/21/04 2 1,500,000 1,494,161 1.73%, 12/22/04 2 2,000,000 1,992,119 ------------- 3,486,280 - ------------------------------------------------------------------------------------------------- CONSUMER FINANCE--0.7% American Express Credit Corp., Series B, 1.96%, 12/27/04 1 1,500,000 1,500,491 - ------------------------------------------------------------------------------------------------- DIVERSIFIED FINANCIAL SERVICES--1.6% Greenwich Capital Holdings, Inc., 1.58%, 10/8/04 3,500,000 3,498,925 - ------------------------------------------------------------------------------------------------- INSURANCE--11.7% ING America Insurance Holdings, Inc.: 1.60%, 10/18/04 5,000,000 4,996,222 1.72%, 11/29/04 1,500,000 1,495,772 - ------------------------------------------------------------------------------------------------- ING USA Annuity & Life Insurance Co., 1.76%, 11/17/04 3,400,000 3,400,000 - ------------------------------------------------------------------------------------------------- Jackson National Life Global Funding, Series 2004-6, 1.76%, 10/15/04 1,4 2,500,000 2,500,000 - ------------------------------------------------------------------------------------------------- Marsh & McLennan Cos., Inc., 1.51%, 10/6/04 2 5,000,000 4,998,951 - ------------------------------------------------------------------------------------------------- Metropolitan Life Global Funding I, Series 2003-5, 1.80%, 10/15/04 1,3 4,000,000 4,000,000 - ------------------------------------------------------------------------------------------------- United of Omaha Life Insurance Co., 1.75%, 10/1/04 1,3 4,000,000 4,000,000 ------------- 25,390,945 - ------------------------------------------------------------------------------------------------- SPECIAL PURPOSE FINANCIAL--9.7% Cooperative Assn. of Tractor Dealers, Inc., Series A: 1.67%, 10/29/04 1,000,000 998,701 1.80%, 12/17/04 1,500,000 1,494,225 - ------------------------------------------------------------------------------------------------- Cooperative Assn. of Tractor Dealers, Inc., Series B: 1.60%, 10/25/04 1,000,000 998,933 1.65%, 10/29/04 1,000,000 998,717 1.70%, 11/5/04 1,200,000 1,198,017 - ------------------------------------------------------------------------------------------------- K2 (USA) LLC, 1.80%, 6/30/05 1,4 3,000,000 2,999,545 - ------------------------------------------------------------------------------------------------- LINKS Finance LLC, 1.73%, 10/15/04 1,4 2,500,000 2,500,000 - ------------------------------------------------------------------------------------------------- Parkland (USA) LLC, 1.74%, 1/14/05 1,4 2,000,000 1,999,942 - ------------------------------------------------------------------------------------------------- RACERS Trust, Series 2004-6-MM, 1.83%, 10/22/04 1,4 1,000,000 1,000,000 - ------------------------------------------------------------------------------------------------- Sigma Finance, Inc.: 1.77%, 12/20/04 1,4 3,000,000 2,999,867 1.81%, 11/26/04 1,4 4,000,000 3,999,908 ------------- 21,187,855 ------------- Total Short-Term Notes (Cost $138,867,477) 138,867,477 - ------------------------------------------------------------------------------------------------- U.S. GOVERNMENT AGENCIES--6.9% Federal Home Loan Bank, 1.50%, 3/1/05 2,000,000 2,000,000 - ------------------------------------------------------------------------------------------------- Federal Home Loan Mortgage Corp., 1.72%, 12/27/04 3,500,000 3,485,452 - ------------------------------------------------------------------------------------------------- Federal National Mortgage Assn.: 1.375%, 2/18/05 2,000,000 2,000,000 1.60%, 5/13/05 2,500,000 2,500,000 - ------------------------------------------------------------------------------------------------- FNMA Master Credit Facility, 1.77%, 12/1/04 5,000,000 4,985,005 ------------- Total U.S. Government Agencies (Cost $14,970,457) 14,970,457 - ------------------------------------------------------------------------------------------------- Total Investments, at Value (Cost $217,514,018) 99.9% 217,514,018 - ------------------------------------------------------------------------------------------------- Other Assets Net of Liabilities 0.1 157,389 ---------------------------------- Net Assets 100.0% $217,671,407 ================================== Footnotes to Statement of Investments Short-term notes and direct bank obligations are generally traded on a discount basis; the interest rate shown is the discount rate received by the Fund at the time of purchase. Other securities normally bear interest at the rates shown. 1. Represents the current interest rate for a variable or increasing rate security. 2. Security issued in an exempt transaction without registration under the Securities Act of 1933. Such securities amount to $51,386,018, or 23.61% of the Fund's net assets, and have been determined to be liquid pursuant to guidelines adopted by the Board of Trustees. 3. Illiquid security. 4. Represents securities sold under Rule 144A, which are exempt from registration under the Securities Act of 1933, as amended. These securities have been determined to be liquid under guidelines established by the Board of Trustees. These securities amount to $17,999,262 or 8.27% of the Fund's net assets as of September 30, 2004.
SECURITIES VALUATION. Portfolio securities are valued on the basis of amortized cost, which approximates market value. 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 September 30, 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 rq660_11964ex99cert.txt RQ660_11964EX99CERT.TXT Exhibit 99.CERT CERTIFICATIONS I, John V. Murphy, certify that: 1. I have reviewed this report on Form N-Q of Oppenheimer Money Fund/VA; 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 trustees (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: 11/16/04 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 Money Fund/VA; 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 trustees (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: 11/16/04 -----END PRIVACY-ENHANCED MESSAGE-----