CONSECO STRATEGIC INCOME FUND
NSAR-A, 1999-03-01
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<PAGE>      PAGE  1
000 A000000 12/31/98
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<PAGE>      PAGE  2
011 C020002 NY
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<PAGE>      PAGE  6
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<PAGE>      PAGE  9
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SIGNATURE   ROBERT FLITTER                               
TITLE       MANAGER             
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001062978
<NAME> CONSECO STRATEGIC INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   5-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        116315433
<INVESTMENTS-AT-VALUE>                       109360891
<RECEIVABLES>                                  3124589
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<SHARES-COMMON-STOCK>                          6714989
<SHARES-COMMON-PRIOR>                             6667
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          (4628)
<ACCUMULATED-NET-GAINS>                      (1695786)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (6954542)
<NET-ASSETS>                                  91273752
<DIVIDEND-INCOME>                                37694
<INTEREST-INCOME>                              4498737
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (787618)
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<REALIZED-GAINS-CURRENT>                     (1695786)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (3753441)
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</TABLE>


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