X0101 EFFECT 33 LIVE 2006-07-25 0000728889-06-000555 485APOS 0000820120 OPPENHEIMER CHAMPION INCOME FUND/NY 033-16494 S000006966 OPPENHEIMER CHAMPION INCOME FUND/NY C000019006 A S000006966 OPPENHEIMER CHAMPION INCOME FUND/NY C000019007 B S000006966 OPPENHEIMER CHAMPION INCOME FUND/NY C000019008 C S000006966 OPPENHEIMER CHAMPION INCOME FUND/NY C000019009 N