WARBURG PINCUS SELECT ECONOMIC VALUE EQUITY FUND INC
NSAR-A, 2000-04-20
Previous: WARBURG PINCUS LONG SHORT EQUITY FUND INC, NSAR-A, 2000-04-20
Next: INSILCO HOLDING CO, 424B3, 2000-04-20



<PAGE>      PAGE  1
000 A000000 02/29/2000
000 C000000 0001067479
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 WARBURG PINCUS FOCUS FUND
001 B000000 811-08921
001 C000000 3027911640
002 A000000 400 BELLEVUE PKWY.
002 B000000 WILMINGTON
002 C000000  D
002 D010000 19809
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
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 A000001 CREDIT SUISSE ASSET MANAGEMENT, LLC
008 B000001 A
008 C000001 801-37170
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10022
010 A000001 PFPC INC.
010 B000001 85-1196
010 C010001 WILMINGTON
010 C020001 DE
010 C030001 19809
010 A000002 CREDIT SUISSE ASSET MANAGEMENT SECURITIES INC
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10017
010 C040002 3147
012 A000001 BOSTON FINANCIAL DATA SERVICE
012 B000001 84-00896
012 C010001 QUINCY
<PAGE>      PAGE  2
012 C020001 MA
012 C030001 02171
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 PHILADELPHIA
013 B020001 PA
013 B030001 19101
015 A000001 BROWN BROTHERS HARRIMAN & CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000   46
019 C000000 WARBURG PI
020 A000001 MORGAN (JP) SECURITIES INC.
020 B000001 13-3224016
020 C000001     42
020 A000002 PRUDENTIAL BACHE SECURITIES
020 B000002 22-2347336
020 C000002      5
020 A000003 DEUTSCHE BANK SECURITIES CORP.
020 B000003 13-2730828
020 C000003      4
020 A000004 GOLDMAN, SACHS & COMPANY
020 B000004 13-5108880
020 C000004      4
020 A000005 SMITH BARNEY SHEARSON INC.
020 B000005 13-1912900
020 C000005      4
020 A000006 MORGAN STANLEY & COMPANY, INC.
020 B000006 13-2655998
020 C000006      4
020 A000007 BEAR, STEARNS & CO., INC.
020 B000007 13-3299429
020 C000007      3
020 A000008 AUTRANET, INC.
020 B000008 13-2961507
020 C000008      3
020 A000009 PAINEWEBBER INC.
020 B000009 13-2638166
020 C000009      1
020 A000010 SANFORD BERNSTEIN & CO.
020 B000010 13-2625874
020 C000010      1
021  000000       76
022 A000001 BROWN BROTHERS HARRIMAN & CO.
022 B000001 13-4973745
022 C000001     46762
022 D000001         0
<PAGE>      PAGE  3
022 A000002 MORGAN (JP) SECURITIES INC.
022 B000002 13-3224016
022 C000002       334
022 D000002      5076
022 A000003 MORGAN STANLEY & CO., INC.
022 B000003 13-2655998
022 C000003      1227
022 D000003      1038
022 A000004 PRUDENTIAL BACHE SECURITIES INC.
022 B000004 22-2347336
022 C000004       378
022 D000004       433
022 A000005 BEAR, STEARNS & CO., INC.
022 B000005 13-3299429
022 C000005       543
022 D000005         0
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
022 C000006       198
022 D000006       278
022 A000007 WARBURG DILLON REED
022 B000007 13-3340045
022 C000007        75
022 D000007       109
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000008 13-5674085
022 C000008        56
022 D000008        88
022 A000009 DONALDSON, LUFKIN, JENRETTE SECURITIES CORP.
022 B000009 13-2741729
022 C000009        34
022 D000009        56
022 A000010 SMITH BARNEY SHEARSON INC.
022 B000010 13-1912900
022 C000010        85
022 D000010         0
023 C000000      49998
023 D000000       7169
024  000000 Y
025 A000001 BROWN BROTHERS HARRIMAN & CO.
025 B000001 13-4973745
025 C000001 D
025 D000001     163
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 N
<PAGE>      PAGE  4
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
028 A010000       175
028 A020000         0
028 A030000         0
028 A040000       130
028 B010000       314
028 B020000      1152
028 B030000         0
028 B040000     23001
028 C010000       595
028 C020000         0
028 C030000         0
028 C040000         8
028 D010000       106
028 D020000       217
028 D030000         0
028 D040000         3
028 E010000       134
028 E020000         0
028 E030000         0
028 E040000         9
028 F010000      1980
028 F020000         0
028 F030000         0
028 F040000        81
028 G010000      3304
028 G020000      1369
028 G030000         0
028 G040000     23232
028 H000000         0
029  000000 N
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
033  000000      0
034  000000 N
035  000000      0
036 B000000      0
037  000000 N
038  000000      0
<PAGE>      PAGE  5
039  000000 N
040  000000 Y
041  000000 Y
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000 100
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      1
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.750
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
<PAGE>      PAGE  6
054 F000000 N
054 G000000 Y
054 H000000 N
054 I000000 N
054 J000000 N
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056  000000 N
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
060 B000000 Y
061  000000     2500
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
063 A000000   0
063 B000000  0.0
066 A000000 Y
066 B000000 N
066 C000000 Y
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
<PAGE>      PAGE  7
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 Y
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000     16964
071 B000000     44795
071 C000000     13836
071 D000000  123
072 A000000  6
072 B000000        9
072 C000000       58
072 D000000        0
072 E000000        0
072 F000000       58
072 G000000       10
072 H000000        0
072 I000000       11
072 J000000       26
072 K000000        0
072 L000000       19
<PAGE>      PAGE  8
072 M000000        5
072 N000000       23
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000        8
072 S000000        3
072 T000000        1
072 U000000        0
072 V000000        0
072 W000000        1
072 X000000      165
072 Y000000       88
072 Z000000      -10
072AA000000     5282
072BB000000     4040
072CC010000        0
072CC020000     1048
072DD010000      125
072DD020000        1
072EE000000     9099
073 A010000   0.0714
073 A020000   0.0665
073 B000000   5.7000
073 C000000   0.0000
074 A000000        0
074 B000000        0
074 C000000      163
074 D000000        0
074 E000000        0
074 F000000     7722
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000      423
074 K000000       11
074 L000000       77
074 M000000       16
074 N000000     8412
074 O000000      493
074 P000000        0
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000       28
074 S000000        0
074 T000000     7891
074 U010000      425
074 U020000       58
074 V010000    16.34
<PAGE>      PAGE  9
074 V020000    16.26
074 W000000   0.0000
074 X000000       67
074 Y000000        0
075 A000000        0
075 B000000    14239
076  000000     0.00
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
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A000000 GULF INSURANCE CO
080 C000000     6000
081 A000000 Y
081 B000000  12
082 A000000 Y
082 B000000       25
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
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
<PAGE>      PAGE  10
SIGNATURE   MARY JANE MALONEY
TITLE       MANAGER



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001067479
<NAME> WARBURG PINCUS FOCUS FUND
<SERIES>
   <NUMBER> 001
   <NAME> INSTITUTIONAL CLASS

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-2000
<PERIOD-END>                               FEB-29-2000
<INVESTMENTS-AT-COST>                          7631601
<INVESTMENTS-AT-VALUE>                         7884504
<RECEIVABLES>                                   511345
<ASSETS-OTHER>                                   15739
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 8411588
<PAYABLE-FOR-SECURITIES>                        493073
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        27656
<TOTAL-LIABILITIES>                             520729
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       7508534
<SHARES-COMMON-STOCK>                           424971
<SHARES-COMMON-PRIOR>                          1756467
<ACCUMULATED-NII-CURRENT>                      (10220)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         139641
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        252904
<NET-ASSETS>                                   7890859
<DIVIDEND-INCOME>                                58225
<INTEREST-INCOME>                                 8456
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (76948)
<NET-INVESTMENT-INCOME>                        (10267)
<REALIZED-GAINS-CURRENT>                       1242602
<APPREC-INCREASE-CURRENT>                    (1047786)
<NET-CHANGE-FROM-OPS>                           184549
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (124682)
<DISTRIBUTIONS-OF-GAINS>                     (9020862)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2259970
<NUMBER-OF-SHARES-REDEEMED>                 (23013298)
<SHARES-REINVESTED>                            1293067
<NET-CHANGE-IN-ASSETS>                      (27598427)
<ACCUMULATED-NII-PRIOR>                         125352
<ACCUMULATED-GAINS-PRIOR>                      7995677
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            57633
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 165143
<AVERAGE-NET-ASSETS>                          14239131
<PER-SHARE-NAV-BEGIN>                            20.15
<PER-SHARE-NII>                                  (.01)
<PER-SHARE-GAIN-APPREC>                           1.97
<PER-SHARE-DIVIDEND>                             (.07)
<PER-SHARE-DISTRIBUTIONS>                       (5.70)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.34
<EXPENSE-RATIO>                                   1.00



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001067479
<NAME> WARBURG PINCUS FOCUS FUND
<SERIES>
   <NUMBER> 002
   <NAME> COMMON CLASS

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-2000
<PERIOD-END>                               FEB-29-2000
<INVESTMENTS-AT-COST>                          7631601
<INVESTMENTS-AT-VALUE>                         7884504
<RECEIVABLES>                                   511345
<ASSETS-OTHER>                                   15739
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 8411588
<PAYABLE-FOR-SECURITIES>                        493073
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        27656
<TOTAL-LIABILITIES>                             520729
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       7508534
<SHARES-COMMON-STOCK>                            58153
<SHARES-COMMON-PRIOR>                             4731
<ACCUMULATED-NII-CURRENT>                      (10220)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         139641
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        252904
<NET-ASSETS>                                   7890859
<DIVIDEND-INCOME>                                58225
<INTEREST-INCOME>                                 8456
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (76948)
<NET-INVESTMENT-INCOME>                        (10267)
<REALIZED-GAINS-CURRENT>                       1242602
<APPREC-INCREASE-CURRENT>                    (1047786)
<NET-CHANGE-FROM-OPS>                           184549
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (623)
<DISTRIBUTIONS-OF-GAINS>                       (77776)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1045849
<NUMBER-OF-SHARES-REDEEMED>                   (220462)
<SHARES-REINVESTED>                              75841
<NET-CHANGE-IN-ASSETS>                      (27598427)
<ACCUMULATED-NII-PRIOR>                         125352
<ACCUMULATED-GAINS-PRIOR>                      7995677
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            57633
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 165143
<AVERAGE-NET-ASSETS>                          14239131
<PER-SHARE-NAV-BEGIN>                            20.11
<PER-SHARE-NII>                                  (.02)
<PER-SHARE-GAIN-APPREC>                           1.94
<PER-SHARE-DIVIDEND>                             (.07)
<PER-SHARE-DISTRIBUTIONS>                       (5.70)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.26
<EXPENSE-RATIO>                                   1.25



</TABLE>


                        EXHIBIT INDEX

EXHIBIT A:
Attachment to item 77Q1:
Articles of Amendment of Articles of Incorporation
- ------------------------------------------------------------------

EXHIBIT A:

                    ARTICLES OF AMENDMENT
                             OF
                  ARTICLES OF INCORPORATION
                             OF
   WARBURG, PINCUS SELECT ECONOMIC VALUE EQUITY FUND, INC.

HAL LIEBES and STUART J. COHEN, being Vice President and
Secretary and Assistant Secretary, respectively, of WARBURG,
PINCUS SELECT ECONOMIC VALUE EQUITY FUND, INC. (the
Corporation"), a corporation organized and existing under and
by virtue of the Maryland Corporation Law, DO HEREBY CERTIFY:

FIRST:  That the Board of Directors of the Corporation
adopted the following resolution at a meeting duly held on
October 26, 1999, authorizing the Corporation to change its
name:

RESOLVED, that the name of the Maryland Corporation be, and
hereby is, changed from "Warburg, Pincus Select Economic Value
Equity Fund, Inc." to "Warburg, Pincus Focus Fund, Inc." and
that the officers of the Corporation, or their designees, be,
and each of them hereby is, authorized and directed to execute
and file Articles of Amendment to the Corporation's Articles
of Incorporation with the State of Maryland, and supplements or
revisions to the Fund's registration statement, and to do any
and all such other lawful acts as may be necessary or
appropriate to perform and carry out the name change.

SECOND:  That pursuant to the above resolution of the Board
of Directors of the Corporation, effective as of January 1,
2000, the name of the Corporation listed below be, and hereby
is, changed as follows:

Current Name:
WARBURG, PINCUS SELECT ECONOMIC VALUE EQUITY FUND, INC.

Proposed Name:
WARBURG, PINCUS FOCUS FUND, INC.

THIRD:  That the amendment is limited to a change expressly
permitted by    2-605 of the Maryland General Corporation Law to
be made without action by the stockholders and that the
Corporation is registered as an open-end company under the
Investment Company Act of 1940, as amended.

IN WITNESS WHEREOF, the undersigned have executed these
Articles of Amendment and do hereby acknowledge that it is the
act and deed of each of them and, under penalty of perjury, to
the best of the knowledge, information and belief of each of
them, the matters and facts contained herein are true in all
material respects.

DATE: December 2, 1999

/s/Hal Liebes
Hal Liebes
Vice President and Secretary


ATTEST:
/s/Stuart J. Cohen
Stuart J. Cohen
Assistant Secretary




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission