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: 811-5281
Exact name of registrant as specified in charter: Oppenheimer Champion Income Fund
Address of principal executive offices: 6803 South Tucson Way
Centennial, CO 80112
Name and address of agent for service: 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: 9/30
Date of reporting period: 07/01/2006-06/30/2007
Item 1. Proxy Voting Record
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-05281
Reporting Period: 07/01/2006 - 06/30/2007
Oppenheimer Champion Income Fund
======================= OPPENHEIMER CHAMPION INCOME FUND =======================
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848AW5
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848BD6
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848BF1
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848BJ3
Meeting Date: SEP 12, 2006 Meeting Type: Written Consent
Record Date: MAY 1, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 POTENTIAL ARAHOVA SETTLEMENT None Did Not Management
Vote
2 POTENTIAL FRONTIERVISION HOLDCO None Did Not Management
SETTLEMENT Vote
3 POTENTIAL OLYMPUS PARENT SETTLEMENT None Did Not Management
Vote
4 INTER-CREDITOR DISPUTE HOLDBACK None Did Not Management
Vote
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848AP0
Meeting Date: NOV 27, 2006 Meeting Type: Written Consent
Record Date: OCT 18, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE PLAN None For Management
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848AU9
Meeting Date: NOV 27, 2006 Meeting Type: Written Consent
Record Date: OCT 18, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE PLAN None For Management
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848AW5
Meeting Date: NOV 27, 2006 Meeting Type: Written Consent
Record Date: OCT 18, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE PLAN None For Management
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848BD6
Meeting Date: NOV 27, 2006 Meeting Type: Written Consent
Record Date: OCT 18, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE PLAN None For Management
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848BF1
Meeting Date: NOV 27, 2006 Meeting Type: Written Consent
Record Date: OCT 18, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE PLAN None For Management
- --------------------------------------------------------------------------------
ADELPHIA COMMUNICATIONS CORP.
Ticker: ADELQ Security ID: 006848BJ3
Meeting Date: NOV 27, 2006 Meeting Type: Written Consent
Record Date: OCT 18, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE PLAN None For Management
- --------------------------------------------------------------------------------
ALAMOSA (DELAWARE), INC.
Ticker: Security ID: 011588AE0
Meeting Date: AUG 25, 2006 Meeting Type: Written Consent
Record Date: AUG 7, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 PROPOSAL AMENDMENT None Did Not Management
Vote
- --------------------------------------------------------------------------------
ALAMOSA (DELAWARE), INC.
Ticker: Security ID: 011588AH3
Meeting Date: AUG 25, 2006 Meeting Type: Written Consent
Record Date: AUG 7, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 PROPOSAL AMENDMENT None Did Not Management
Vote
- --------------------------------------------------------------------------------
CENTEX CORP.
Ticker: CTX Security ID: 152312104
Meeting Date: JUL 13, 2006 Meeting Type: Annual
Record Date: MAY 25, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Ursula O. Fairbairn For For Management
1.2 Elect Director Thomas J. Falk For For Management
1.3 Elect Director Matthew K. Rose For For Management
1.4 Elect Director Thomas M. Schoewe For For Management
2 Ratify Auditors For For Management
3 Report on Energy Efficiency Against Abstain Shareholder
4 Require a Majority Vote for the Election Against Against Shareholder
of Directors
- --------------------------------------------------------------------------------
DYNEGY, INC.
Ticker: DYN Security ID: 26816Q101
Meeting Date: MAR 29, 2007 Meeting Type: Special
Record Date: JAN 29, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger Agreement For For Management
- --------------------------------------------------------------------------------
EAGLE MATERIALS INC.
Ticker: EXP Security ID: 26969P108
Meeting Date: JUL 27, 2006 Meeting Type: Annual
Record Date: JUN 2, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director F. William Barnett For For Management
1.2 Elect Director O.G. Dagnan For Withhold Management
1.3 Elect Director David W. Quinn For Withhold Management
2 Ratify Auditors For For Management
- --------------------------------------------------------------------------------
INLAND FIBER GROUP, INC
Ticker: Security ID: 45734SAA4
Meeting Date: NOV 2, 2006 Meeting Type: Written Consent
Record Date: SEP 25, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE FIRST AMENDED JOINT PLAN OF For For Management
REORGANIZATION
- --------------------------------------------------------------------------------
IPCS INC.
Ticker: IPCS Security ID: 44980Y305
Meeting Date: SEP 28, 2006 Meeting Type: Annual
Record Date: AUG 23, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Timothy M. Yager For For Management
1.2 Elect Director Timothy G. Biltz For For Management
1.3 Elect Director Jeffrey W. Jones For For Management
1.4 Elect Director Robert A. Katz For For Management
1.5 Elect Director Ryan L. Langdon For For Management
1.6 Elect Director Richard S. Parisi For For Management
1.7 Elect Director Kevin M. Roe For For Management
2 Amend Omnibus Stock Plan For For Management
3 Amend Omnibus Stock Plan For For Management
4 Ratify Auditors For For Management
- --------------------------------------------------------------------------------
KERR-MCGEE CORP.
Ticker: KMG Security ID: 492386107
Meeting Date: AUG 10, 2006 Meeting Type: Special
Record Date: JUL 6, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Merger Agreement For For Management
2 Adjourn Meeting For For Management
- --------------------------------------------------------------------------------
NEXTEL PARTNERS, INC.
Ticker: Security ID: 65333FAR8
Meeting Date: NOV 2, 2006 Meeting Type: Written Consent
Record Date: SEP 29, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE ADOPTION OF CERTAIN PROPOSED None Did Not Management
AMENDMENTS TO THE INDENTURES. Vote
- --------------------------------------------------------------------------------
SUN MICROSYSTEMS, INC.
Ticker: SUNW Security ID: 866810104
Meeting Date: NOV 2, 2006 Meeting Type: Annual
Record Date: SEP 6, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director Scott G. McNealy For For Management
1.2 Elect Director James L. Barksdale For For Management
1.3 Elect Director Stephen M. Bennett For For Management
1.4 Elect Director Robert J. Finocchio, Jr. For For Management
1.5 Elect Director Patricia E. Mitchell For For Management
1.6 Elect Director M. Kenneth Oshman For For Management
1.7 Elect Director Jonathan I. Schwartz For For Management
1.8 Elect Director Naomi O. Seligman For For Management
2 Ratify Auditors For For Management
3 Approve Executive Incentive Bonus Plan For For Management
4 Approve Report of the Compensation Against For Shareholder
Committee
- --------------------------------------------------------------------------------
TIME WARNER CABLE INC
Ticker: TWC Security ID: 88732J108
Meeting Date: MAY 23, 2007 Meeting Type: Annual
Record Date: MAR 27, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1.1 Elect Director David C. Chang For For Management
1.2 Elect Director James E. Copeland, Jr. For For Management
2 Ratify Auditors For For Management
3 Approve Omnibus Stock Plan For For Management
4 Approve Executive Incentive Bonus Plan For For Management
- --------------------------------------------------------------------------------
UBIQUITEL OPERATING COMPANY
Ticker: Security ID: 90348AAG4
Meeting Date: NOV 2, 2006 Meeting Type: Written Consent
Record Date: SEP 29, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE ADOPTION OF CERTAIN PROPOSED None Did Not Management
AMENDMENTS TO THE INDENTURES. Vote
- --------------------------------------------------------------------------------
VIATEL HOLDING BERMUDA LTD
Ticker: VTLAF Security ID: G93447103
Meeting Date: DEC 6, 2006 Meeting Type: Annual
Record Date: NOV 2, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 THE AUDITORS REPORT AND FINANCIAL For Did Not Management
STATEMENTS FOR THE YEAR ENDED 31 DECEMBER Vote
2005 BE AND ARE HEREBY RECEIVED.
2 Ratify Auditors For Did Not Management
Vote
3 THE BOARD OF DIRECTORS BE AND ARE HEREBY For Did Not Management
AUTHORIZED TO DETERMINE THE REMUNERATION Vote
OF THE AUDITORS TO THE COMPANY.
4 S. DENNIS BELCHER BE HEREBY ELECTED AS For Did Not Management
DIRECTOR TO SERVE UNTIL THE ANNUAL Vote
GENERAL MEETING OR UNTIL HIS SUCCESSOR IS
APPOINTED
5 DIDIER DELEPINE BE HEREBY ELECTED AS For Did Not Management
DIRECTOR TO SERVE UNTIL THE ANNUAL Vote
GENERAL MEETING OR UNTIL HIS SUCCESSOR IS
APPOINTED
6 THOMAS DOSTER BE HEREBY ELECTED AS For Did Not Management
DIRECTOR TO SERVE UNTIL THE ANNUAL Vote
GENERAL MEETING OR UNTIL HIS SUCCESSOR IS
APPOINTED
7 LESLIE GOODMAN BE HEREBY ELECTED AS For Did Not Management
DIRECTOR TO SERVE UNTIL THE ANNUAL Vote
GENERAL MEETING OR UNTIL HIS SUCCESSOR IS
APPOINTED
8 KEVIN POWER BE HEREBY ELECTED AS DIRECTOR For Did Not Management
TO SERVE UNTIL THE ANNUAL GENERAL MEETING Vote
OR UNTIL HIS SUCCESSOR IS APPOINTED
9 LUCY WOODS BE HEREBY ELECTED AS DIRECTOR For Did Not Management
TO SERVE UNTIL THE ANNUAL GENERAL MEETING Vote
OR UNTIL HER SUCCESSOR IS APPOINTED
========== 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 Champion Income Fund
By (Signature and Title)*: /s/ John V. Murphy
------------------
John V. Murphy, President
Date: August 17, 2007
*By: /s/ Randy Legg
--------------
Randy Legg, Attorney in Fact
