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: | 811-21920 |
| Exact name of registrant as specified in charter: | Oppenheimer Transition 2010 Fund |
| Address of principal executive offices: | 6803 South Tucson Way |
| Centennial, CO 80112-3924 | |
| Name and address of agent for service: | Arthur S. Gabinet, Executive Vice President & General Counsel |
| OppenheimerFunds, Inc. | |
| Two World Financial Center | |
| 225 Liberty Street | |
| New York, NY 10281-1008 | |
| Registrant’s telephone number, including area code: | 303-768-3200 |
| Date of fiscal year end: | 2/28 |
| Date of reporting period: | 07/01/2011-06/30/2012 |
| Item 1. | Proxy Voting Record |
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-21920
Reporting Period: 07/01/2011 - 06/30/2012
Oppenheimer LifeCycle Funds: Transition 2010 Fund
======================= Oppenheimer Transition 2010 Fund =======================
Oppenheimer Champion Income Fund
Ticker: OCHYX Security ID: 683944508
Meeting Date: March 7, 2012 Meeting Type:Special
Record Date: December 7, 2011
| Proposal | Mgt Rec | Vote Cast | Sponsor |
Proposal 1: Election of Trustees
| 1 | William L. Armstrong | For | For | Management |
| 2 | Edward L. Cameron | For | For | Management |
| 3 | Jon S. Fossel | For | For | Management |
| 4 | Sam Freedman | For | For | Management |
| 5 | Richard F. Grabish | For | For | Management |
| 6 | F. Beverly L Hamilton | For | For | Management |
| 7 | Robert J. Malone | For | For | Management |
| 8 | F. William Marshall, Jr. | For | For | Management |
| 9 | Victoria J. Herget | For | For | Management |
| 10 | Karen L. Stuckey | For | For | Management |
| 11 | James D. Vaughn | For | For | Management |
| 12 | William F. Glavin Jr. | For | For | Management |
Proposal 2: Change or Removal of Fundamental Investment Policies
| a | Borrowing. | For | For | Management |
| b-1 | Concentration of investments. | For | For | Management |
| c | Diversification of investments. | For | For | Management |
| e-1 | Revise lending. | For | For | Management |
| g-1 | Real estate and commodities. | For | For | Management |
| g-2 | Real estate and commodities. | For | For | Management |
| h | Senior securities. | For | For | Management |
| i | Underwriting. | For | For | Management |
| o | Objective from fundamental to non-fundamental. | For | For | Management |
| p | Approve a change in the Fund’s investment objective. | For | For | Management |
Proposal 3: To approve an Agremeent and Plan of Reorganization
| 3 | Plan of Reorganization | For | For | Management |
------------------------------------------------------------------------------------------------------------------------------
Oppenheimer Limited-Term Government Fund
Ticker: OLTYX Security ID: 68380F400
Meeting Date: February 29, 2012 Meeting Type:Special
Record Date: December 7, 2011
| Proposal | Mgt Rec | Vote Cast | Sponsor |
Proposal 1: Election of Trustees
| 1 | William L. Armstrong | For | For | Management |
| 2 | Edward L. Cameron | For | For | Management |
| 3 | Jon S. Fossel | For | For | Management |
| 4 | Sam Freedman | For | For | Management |
| 5 | Richard F. Grabish | For | For | Management |
| 6 | F. Beverly L Hamilton | For | For | Management |
| 7 | Robert J. Malone | For | For | Management |
| 8 | F. William Marshall, Jr. | For | For | Management |
| 9 | Victoria J. Herget | For | For | Management |
| 10 | Karen L. Stuckey | For | For | Management |
| 11 | James D. Vaughn | For | For | Management |
| 12 | William F. Glavin Jr. | For | For | Management |
Proposal 2: Change or Removal of Fundamental Investment Policies
| a | Borrowing. | For | For | Management |
| b-1 | Concentration of investments. | For | For | Management |
| c | Diversification of investments. | For | For | Management |
| e-1 | Revise lending. | For | For | Management |
| g-1 | Real estate and commodities. | For | For | Management |
| h | Senior securities. | For | For | Management |
| i | Underwriting. | For | For | Management |
| k | Investment strategy restriction - Limited Term Govt't Fund | For | For | Management |
| l | Investment strategy restriction - Limited Term Govt't Fund | For | For | Management |
| m | Investment strategy restriction - Limited Term Govt't Fund | For | For | Management |
| n | Investment strategy restriction - Limited Term Govt't Fund | For | For | Management |
| o | Objective from fundamental to non-fundamental. | For | For | Management |
| p | Approve a change in the Fund’s investment objective. | For | For | Management |
Proposal 3: To approve an Agremeent and Plan of Reorganization
| 3 | Plan of Reorganization | 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 Transition 2010 Fund |
| By: | William F. Glavin, Jr.* |
| William F. Glavin, Jr., President and Principal Executive Officer | |
| Date: | August 28, 2012 |
| *By: | /s/ Randy Legg |
| Randy Legg, Attorney in Fact |