PRUDENT BEAR FUNDS INC
NSAR-A, 2000-05-23
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<PAGE>      PAGE  1
000 A000000 03/31/2000
000 C000000 0001002903
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 PRUDENT BEAR FUNDS, INC.
001 B000000 811-9120
001 C000000 4142873527
002 A000000 615 E. MICHIGAN STREET
002 B000000 MILWAUKEE
002 C000000 WI
002 D010000 53202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 THE PRUDENT BEAR FUND
007 C030100 N
007 C010200  2
007 C020200 THE PRUDENT SAFE HARBOR FUND
007 C030200 N
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 A00AA01 DAVID W. TICE & ASSOCIATES, INC.
008 B00AA01 A
008 C00AA01 801-31635
008 D01AA01 DALLAS
008 D02AA01 TX
008 D03AA01 75231
010 A00AA01 FIRSTAR MUTUAL FUND SERVICES, LLC
010 B00AA01 85-11357
010 C01AA01 MILWAUKEE
010 C02AA01 WI
010 C03AA01 53202
012 A00AA01 FIRSTAR MUTUAL FUND SERVICES, LLC
012 B00AA01 85-11357
012 C01AA01 MILWAUKEE
012 C02AA01 WI
<PAGE>      PAGE  2
012 C03AA01 53202
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 MILWAUKEE
013 B02AA01 WI
013 B03AA01 53202
015 A00AA01 FIRSTAR BANK, N.A.
015 B00AA01 C
015 C01AA01 MILWAUKEE
015 C02AA01 WI
015 C03AA01 53202
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    3
019 C00AA00 PRUBEARINC
020 A000001 PAINE WEBBER
020 C000001   1307
020 A000002 BEAR STEARNS
020 C000002    184
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000     1491
022 A000001 FIRSTAR BANK MONEY CENTER
022 C000001    124986
022 D000001    106730
022 A000002 PAINE WEBBER
022 C000002     59408
022 D000002     56899
022 A000003 BEAR STEARNS
022 C000003     12298
022 D000003     17560
022 A000004 MERRILL LYNCH
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022 D000004         9
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<PAGE>      PAGE  3
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030 B00AA00  0.00
030 C00AA00  0.00
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031 B00AA00      0
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054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
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054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
<PAGE>      PAGE  4
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
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060 A00AA00 Y
060 B00AA00 Y
061  00AA00     2000
077 A000000 Y
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077 D000000 N
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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046  000200 N
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<PAGE>      PAGE  10
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050  000200 N
051  000200 N
052  000200 N
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053 B000200 Y
053 C000200 N
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055 B000200 N
056  000200 Y
057  000200 N
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062 C000200   0.0
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   1.1
062 M000200  11.3
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062 O000200   0.0
062 P000200   0.0
062 Q000200  10.9
062 R000200   2.9
063 A000200 167
063 B000200  0.0
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064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
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070 B020200 N
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070 C020200 N
070 D010200 N
070 D020200 N
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070 E020200 N
070 F010200 N
070 F020200 N
<PAGE>      PAGE  11
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
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SIGNATURE   DAVID W. TICE
TITLE       PRESIDENT


<TABLE> <S> <C>


<ARTICLE>                     6
<CIK>                         0001002903
<NAME>                        Prudent Bear Funds, Inc.
<SERIES>
   <NUMBER>                   1
   <NAME>                     The Prudent Bear Fund - No Load Shares

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                                 OCT-01-1999
<PERIOD-END>                                   MAR-31-2000
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</TABLE>

<TABLE> <S> <C>


<ARTICLE>                     6
<CIK>                         0001002903
<NAME>                        Prudent Bear Funds, Inc.
<SERIES>
   <NUMBER>                   2
   <NAME>                     The Prudent Bear Fund - Class C Shares

<S>                             <C>
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</TABLE>

<TABLE> <S> <C>


<ARTICLE>                     6
<CIK>                         0001002903
<NAME>                        Prudent Bear Funds, Inc.
<SERIES>
   <NUMBER>                   3
   <NAME>                     The Prudent Safe Harbor Fund

<S>                             <C>
<PERIOD-TYPE>                   2-MOS
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<SENIOR-EQUITY>                                0
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