UNITED VANGUARD FUND INC
NSAR-B, 1998-11-24
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<PAGE>      PAGE  1
000 B000000 09/30/98
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000 J000000 A
001 A000000 UNITED VANGUARD FUND, INC.
001 B000000 811-1806
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002 B000000 SHAWNEE MISSION
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<PAGE>      PAGE  2
011 C040001 4200
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020 B000001 13-5108880
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020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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020 C000002    241
020 A000003 BEAR, STEARNS & CO., INC.
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020 C000003    192
020 A000004 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
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020 A000009 CREDIT SUISSE FIRST BOSTON CORPORATION (THE)
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020 A000010 SBC WARBURG DILLON READ, INC.
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022 A000001 GOLDMAN, SACHS & CO.
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022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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022 A000003 MORGAN (J.P.) SECURITIES INC.
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022 A000004 LEHMAN BROTHERS INC.
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022 A000005 CITICORP SECURITIES, INC.
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022 A000006 CREDIT SUISSE FIRST BOSTON CORPORATION (THE)
022 B000006 13-5659485
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022 C000006     69707
022 D000006     41556
022 A000007 SARA LEE CORPORATION
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022 A000009 CHASE SECURITIES INC.
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<PAGE>      PAGE  10
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SIGNATURE   THEODORE W. HOWARD                           
TITLE       V.P. & TREASURER    
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
SHAREHOLDERS DATED SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000101868
<NAME> UNITED VANGUARD FUND, INC.
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                        1,152,656
<INVESTMENTS-AT-VALUE>                       1,433,576
<RECEIVABLES>                                   14,428
<ASSETS-OTHER>                                      39
<OTHER-ITEMS-ASSETS>                                 6
<TOTAL-ASSETS>                               1,448,049
<PAYABLE-FOR-SECURITIES>                        13,608
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        3,343
<TOTAL-LIABILITIES>                             16,951
<SENIOR-EQUITY>                                190,735
<PAID-IN-CAPITAL-COMMON>                       937,306
<SHARES-COMMON-STOCK>                          190,735
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        1,776
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         20,351
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                 1,431,098
<DIVIDEND-INCOME>                               13,366
<INTEREST-INCOME>                                5,153
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (16,599)
<NET-INVESTMENT-INCOME>                          1,920
<REALIZED-GAINS-CURRENT>                        24,680
<APPREC-INCREASE-CURRENT>                       32,486
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (6,624)
<DISTRIBUTIONS-OF-GAINS>                     (285,108)
<DISTRIBUTIONS-OTHER>                                0
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<NUMBER-OF-SHARES-REDEEMED>                   (53,528)
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<NET-CHANGE-IN-ASSETS>                        (51,512)
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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