FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/98 (b)
Is this a transition report? (Y/N) N
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Is this an amendment to a previous filing? (Y/N) N
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<S> <C>
Those items or sub items with a box "/" after the item number should be
completed only if the answer has changed from the previous filing on this form.
1. A. Registrant Name: Program for the Accumulation of
Shares of Technology Fund
B. File Number: 811-1146
C. Telephone Number: 312-537-7000
2. A. Street: 222 South Riverside Plaza
B. City: Chicago C. State: IL D. Zip Code: 60606
Zip Ext: 5808
E. Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by Registrant?(Y/N)
N
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4. Is this the last filing on this form by Registrant?(Y/N)
N
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5. Is Registrant a small business investment company (SBIC)?
(Y/N) N
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[If answer is "Y" (Yes) complete only items 89 through 110.]
6. Is Registrant a unit investment trust (UIT)?(Y/N) Y
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[If answer is "Y" (Yes) complete only items 111 through 132.]
7. A. Is Registrant a series or multiple portfolio company?(Y/N)
[If answer is "N" (No), go to item 8.]
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B. How many separate series or portfolios did Registrant have at
the end of the period?
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For period ending 12/31/98
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File number 811-1146
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UNIT INVESTMENT TRUSTS
111. A. / Depositor Name: Scudder Kemper Investments, Inc.
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B. / File Number (If any): 801-44899
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C. / City: New York State: NY Zip Code: 10154 Zip Ext.:0100
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/ Foreign Country: Foreign Postal Code:
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111. A. / Depositor Name:
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B. / File Number (If any):
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C. / City: State: Zip Code: Zip Ext.:
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/ Foreign Country: Foreign Postal Code:
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112. A. / Sponsor Name: Scudder Kemper Investments, Inc.
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B. / File Number (If any): 801-44899
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C. / City:New York State: NY Zip Code: 10154 Zip Ext.:0100
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/ Foreign Country: Foreign Postal Code:
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112. A. / Depositor Name:
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B. / File Number (If any):
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C. / City: State: Zip Code: Zip Ext.:
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/ Foreign Country: Foreign Postal Code:
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For period ending 12/31/98
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File number 811-1146
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113. A. / Trustee Name: United Missouri Bank of Kansas City
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B. / City:Kansas City State: MO Zip Code: 64141 Zip Ext.:
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/ Foreign Country: Foreign Postal Code:
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113. A. / Trustee Name:
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B. / City: State: Zip Code: Zip Ext.:
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/ Foreign Country: Foreign Postal Code:
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114. A. / Principal Underwriter Name: None
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B. / File Number: 8-
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C. / City: State: Zip Code: Zip Ext.:
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/ Foreign Country: Foreign Postal Code:
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114. A. / Principal Underwriter Name:
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B. / File Number: 8-
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C. / City: State: Zip Code: Zip Ext.:
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/ Foreign Country: Foreign Postal Code:
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115. A. / Independent Public Accountant Name: None
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B. / City: State: Zip Code: Zip Ext.:
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/ Foreign Country: Foreign Postal Code:
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115. A. / Independent Public Accountant Name:
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B. / City: State: Zip Code: Zip Ext.:
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/ Foreign Country: Foreign Postal Code:
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For period ending 12/31/98
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File number 811-1146
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116. A. / Is Registrant part of a family of investment companies
(Y/N) N
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Y/N
B. / Identify the family in 10 letters
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(NOTE: In filing this form, use this identification
consistently for all investment companies in family.
This designation is for purposes of this form only.)
117. A. / Is Registrant a separate account of an insurance company?
(Y/N) N
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Y/N
If answer is "Y" (Yes), are any of the following types of
contracts funded by the Registrant?:
B. / Variable annuity contracts? (Y/N)
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Y/N
C. / Scheduled premium variable life contracts? (Y/N)
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Y/N
D. / Flexible premium variable life contracts? (Y/N)
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Y/N
E. / Other types of insurance products registered under the
Securities Act of 1933? (Y/N)
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Y/N
118. / State the number of series existing at the end of the period
that had securities registered under the Securities Act of
1933 3
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119. / State the number of new series for which registration
statements under the Securities Act of 1933 became
effective during the period 0
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120. / State the total value of the portfolio securities on the date
of deposit for the new series included in item 119
($000's omitted) 0
------------------------------------ $------
121. / State the number of series for which a current prospectus
was in existence at the end of the period 0
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122. / State the number of existing series for which additional
units were registered under the Securities Act of 1933
during the current period 0
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For period ending 12/31/98
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File number 811-1146
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123. / State the total value of the additional units considered in
answering item 122 ($000's omitted) -------------- 0
$----------
124. / State the total value of units of prior series that were
placed in the portfolios of subsequent series during the
current period (the value of these units is to be measured
on the date they were placed in the subsequent series)
($000's omitted)---------------------------------- 0
$----------
125. / State the total dollar amount of sales loads collected
(before reallowances to other brokers or dealers) by
Registrant's principal underwriter and any underwriter which
is an affiliated person of the principal underwriter during
the current period solely from the sale of units of all
series of Registrant ($000's omitted)------------- 0
$----------
126. Of the amount shown in item 125, state the total dollar
amount of sales loads collected from secondary market
operations in Registrant's units (include the sales loads,
if any, collected on units of a prior series placed in the
portfolio of a subsequent series.) ($000's omitted) 0
$---------
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For period ending 12/31/98
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File number 811-1146
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127. List opposite the appropriate description below the number
of series whose portfolios are invested primarily (based
upon a percentage of NAV) in each type of security shown,
the aggregate total assets at market value as of a date at
or near the end of the current period of each such group of
series and the total income distributions made by each such
group of series during the current period (excluding
distributions of realized gains, if any):
Number Total Total
of Assets Income
Series ($000's Distributions
Investing omitted) ($000's
--------- --------- omitted)
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A. U.S. Treasury direct issue--- ----- $----- $-----
B. U.S. Government agency------- ----- $----- $-----
C. State and municipal tax-free- ----- $----- $-----
D. Public utility debt---------- ----- $----- $-----
E. Brokers or dealers debt or
debt of brokers' or dealers'
parent----------------------- ----- $----- $-----
F. All other corporate intermed.
& long-term debt------------- ----- $----- $-----
G. All other corporate short-term
debt------------------------- ----- $----- $-----
H. Equity securities of brokers
or dealers or parents of
brokers or dealers----------- ----- $----- $-----
I. Investment company equity
securities------------------- 3 $5,841 $ 0
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J. All other equity securities-- ----- $----- $-----
K. Other securities------------- ----- $----- $-----
L. Total assets of all series of
registrant------------------- $5,841
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For period ending 12/31/98
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File number 811-1146
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128. / Is the timely payment of principal and interest on any of
the portfolio securities held by any of Registrant's series
at the end of the current period insured or guaranteed by an
entity other than the issuers? (Y/N)------------------- N
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Y/N
[If answer is "N" (No), go to item 131.]
129. / Is the issuer of any instrument covered in item 128
delinquent or in default as to payment of principal or
interest at the end of the current period? (Y/N)--------
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Y/N
[If answer is "N" (No), go to item 131.]
130. / In computations of NAV or offering price per unit, is any
part of the value attributed to instruments identified in
item 129 derived from insurance or guarantees? (Y/N)-----
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Y/N
131. Total expenses incurred by all series of Registrant during
the current reporting period ($000's omitted)------------
$ 0
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132. / List the "811" (Investment Company Act of 1940) registration
number for all Series of Registrant that are being included in this filing:
811-1146 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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811- 811- 811- 811- 811-
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This report is signed on behalf of the registrant (or depositor
or trustee) in the City of Chicago and State of Illinois on 10th
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day of March 1999.
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Program for the Accumulation of
Shares of Technology Fund
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(Name of registrant, depositor, or
trustee)
Witness: /S/ Roberta Panozzo By: /S/ Philip J. Collora
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Roberta Panozzo Philip J. Collora
Vice President Vice President and Secretary
(Name and Title) (Name and title of person
signing on behalf of registrant,
depositor or trustee)
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