BATTERY PARK FUNDS INC
NSAR-B, 1998-11-27
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<PAGE>      PAGE  1
000 B000000 09/30/98
000 C000000 0001020256
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 BATTERY PARK FUNDS,INC
001 B000000 811-7675
001 C000000 4122888260
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003  000000 N
004  000000 N
005  000000 N
006  000000 N
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007 C010100  1
007 C020100 BATTERY PARK HIGH YIELD FUND
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007 C010700  7
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008 A00AA01 NOMURA CORP RESEARCH & ASSET MGMT INC
008 B00AA01 A
008 C00AA01 801-0000
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10281
008 D04AA01 1198
010 A00AA01 FEDERATED SERVICES COMPANY
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011 A00AA01 NOMURA SECURITIES INTERNATIONAL INC
011 B00AA01 8-0000
011 C01AA01 NEW YORK
011 C02AA01 NY
<PAGE>      PAGE  2
011 C03AA01 10281
011 C04AA01 1198
012 A00AA01 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B00AA01 84-1869
012 C01AA01 PIITSBURGH
012 C02AA01 PA
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012 C04AA01 3779
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 PITTSBURGH
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015 A00AA01 THE BANK OF NEW YORK
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022 A000001 MERRILL LYNCH,PIERCE,FENNER & SMITH, INC
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022 A000002 GE CREDIT
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022 A000005 JEFFRIES & CO
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<PAGE>      PAGE  3
022 A000006 MORGAN STANLEY & CO INC
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022 A000009 JP MORGAN SECURITIES
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
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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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SIGNATURE   PATRICE HURLEY                               
TITLE       ASSISTANT SECRETARY 
 



[ARTICLE] 6
[CIK] 0001020256
[NAME] BATTERY PARK FUNDS, INC.
[SERIES]
   [NUMBER] 001
   [NAME] BATTERY PARK HIGH YIELD FUND CLASS A SHARES
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   12-MOS
[FISCAL-YEAR-END]                          SEP-30-1998
[PERIOD-START]                             OCT-01-1997
[PERIOD-END]                               SEP-30-1998
[INVESTMENTS-AT-COST]                       21,030,776
[INVESTMENTS-AT-VALUE]                      19,478,102
[RECEIVABLES]                                  532,251
[ASSETS-OTHER]                                 146,135
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              20,156,488
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      104,287
[TOTAL-LIABILITIES]                            104,287
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    20,674,329
[SHARES-COMMON-STOCK]                          385,570
[SHARES-COMMON-PRIOR]                          160,372
[ACCUMULATED-NII-CURRENT]                       98,069
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                        832,477
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   (1,552,674)
[NET-ASSETS]                                 3,893,961
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            1,719,663
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 185,519
[NET-INVESTMENT-INCOME]                      1,534,144
[REALIZED-GAINS-CURRENT]                       932,771
[APPREC-INCREASE-CURRENT]                  (2,450,720)
[NET-CHANGE-FROM-OPS]                           16,195
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                      247,673
[DISTRIBUTIONS-OF-GAINS]                        99,753
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        247,220
[NUMBER-OF-SHARES-REDEEMED]                     42,955
[SHARES-REINVESTED]                             20,933
[NET-CHANGE-IN-ASSETS]                       4,862,764
[ACCUMULATED-NII-PRIOR]                          1,640
[ACCUMULATED-GAINS-PRIOR]                      702,862
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          115,986
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                483,001
[AVERAGE-NET-ASSETS]                        17,944,329
[PER-SHARE-NAV-BEGIN]                            11.40
[PER-SHARE-NII]                                  0.890
[PER-SHARE-GAIN-APPREC]                        (0.700)
[PER-SHARE-DIVIDEND]                             0.910
[PER-SHARE-DISTRIBUTIONS]                        0.580
[RETURNS-OF-CAPITAL]                             0.000
[PER-SHARE-NAV-END]                             10.100
[EXPENSE-RATIO]                                   1.25
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                             0.000
</TABLE>

[ARTICLE] 6
[CIK] 0001020256
[NAME] BATTERY PARK FUNDS, INC.
[SERIES]
   [NUMBER] 002
   [NAME] BATTERY PARK HIGH YIELD FUND CLASS Y SHARES
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   12-MOS
[FISCAL-YEAR-END]                          SEP-30-1998
[PERIOD-START]                             OCT-01-1997
[PERIOD-END]                               SEP-30-1998
[INVESTMENTS-AT-COST]                       21,030,776
[INVESTMENTS-AT-VALUE]                      19,478,102
[RECEIVABLES]                                  532,251
[ASSETS-OTHER]                                 146,135
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              20,156,488
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      104,287
[TOTAL-LIABILITIES]                            104,287
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    20,674,329
[SHARES-COMMON-STOCK]                        1,599,947
[SHARES-COMMON-PRIOR]                        1,171,582
[ACCUMULATED-NII-CURRENT]                       98,069
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                        832,477
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   (1,552,674)
[NET-ASSETS]                                16,158,240
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            1,719,663
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 185,519
[NET-INVESTMENT-INCOME]                      1,534,144
[REALIZED-GAINS-CURRENT]                       932,771
[APPREC-INCREASE-CURRENT]                  (2,450,720)
[NET-CHANGE-FROM-OPS]                           16,195
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    1,277,127
[DISTRIBUTIONS-OF-GAINS]                       703,403
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        262,525
[NUMBER-OF-SHARES-REDEEMED]                     17,483
[SHARES-REINVESTED]                            183,323
[NET-CHANGE-IN-ASSETS]                       4,862,764
[ACCUMULATED-NII-PRIOR]                          1,640
[ACCUMULATED-GAINS-PRIOR]                      702,862
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          115,986
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                483,001
[AVERAGE-NET-ASSETS]                        17,944,329
[PER-SHARE-NAV-BEGIN]                           11.400
[PER-SHARE-NII]                                  0.930
[PER-SHARE-GAIN-APPREC]                        (0.710)
[PER-SHARE-DIVIDEND]                              0.94
[PER-SHARE-DISTRIBUTIONS]                         0.58
[RETURNS-OF-CAPITAL]                             0.000
[PER-SHARE-NAV-END]                             10.100
[EXPENSE-RATIO]                                   1.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                             0.000
</TABLE>


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