<PAGE> PAGE 1
000 A000000 06/30/1999
000 C000000 0001004126
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 DECS TRUST
001 B000000 811-09138
001 C000000 2128155366
002 A000000 C/O BANK OF NEW YORK, 101 BARCLAY STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10286
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
071 A000000 0
071 B000000 3500
071 C000000 28061
071 D000000 0
072 A000000 6
072 B000000 288
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 0
072 G000000 20
<PAGE> PAGE 2
072 H000000 0
072 I000000 0
072 J000000 0
072 K000000 8
072 L000000 0
072 M000000 6
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 9
072 S000000 8
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 0
072 X000000 51
072 Y000000 51
072 Z000000 288
072AA000000 0
072BB000000 0
072CC010000 0
072CC020000 6036
072DD010000 286
072DD020000 0
072EE000000 0
073 A010000 0.0822
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.9218
074 A000000 7
074 B000000 0
074 C000000 6830
074 D000000 1649
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 14958
074 J000000 0
074 K000000 0
074 L000000 0
074 M000000 0
074 N000000 23444
074 O000000 0
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 0
<PAGE> PAGE 3
074 S000000 0
074 T000000 23444
074 U010000 3484
074 U020000 0
074 V010000 6.73
074 V020000 0.00
074 W000000 0.0000
074 X000000 1
074 Y000000 0
075 A000000 0
075 B000000 28067
076 000000 7.00
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE DONALD J. PUGLISI
TITLE MANAGING TRUSTEE
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited financial statements of the Trust as of June 30, 1999 and for the six
months ended June 30, 1999 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 69,907,561
<INVESTMENTS-AT-VALUE> 23,436,808
<RECEIVABLES> 0
<ASSETS-OTHER> 6,880
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23,443,688
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 69,102,849
<SHARES-COMMON-STOCK> 3,484,104
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 811,592
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (46,470,753)
<NET-ASSETS> 23,443,688
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 288,211
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 288,211
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> (6,035,995)
<NET-CHANGE-FROM-OPS> (5,747,784)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 286,483
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 3,211,557
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (9,245,824)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 50,500
<AVERAGE-NET-ASSETS> 28,066,600
<PER-SHARE-NAV-BEGIN> 9.38
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.08
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0.92
<PER-SHARE-NAV-END> 6.73
<EXPENSE-RATIO> 0
</TABLE>
