PRINCIPAL CAPITAL VALUE FUND INC
NSAR-A, 1999-06-16
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000 A000000 04/30/99
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001 A000000 PRINCIPAL CAPITAL VALUE FUND, INC
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008 A000002 INVISTA CAPITAL MANAGEMENT, LLC
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020 A000001 BERNSTEIN, SANFORD C.
020 B000001 13-2625074
020 C000001     29
020 A000002 GOLDMAN SACHS CO
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020 C000002     24
020 A000003 CREDIT SUISSE FIRST BOSTON CORP
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020 A000004 MONTGOMERY SECURITIES
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020 A000005 DEUTSCHE MORGAN GRENFELL
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SIGNATURE   A S FILEAN
TITLE       VICE PRES/SECRETARY


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                      522,617,096
<INVESTMENTS-AT-VALUE>                     730,673,134
<RECEIVABLES>                                2,511,130
<ASSETS-OTHER>                                  37,374
<OTHER-ITEMS-ASSETS>                            10,001
<TOTAL-ASSETS>                             733,231,639
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,281,288
<TOTAL-LIABILITIES>                          1,281,288
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   495,313,703
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<SHARES-COMMON-PRIOR>                       18,189,057
<ACCUMULATED-NII-CURRENT>                    3,235,011
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     25,345,599
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   208,056,038
<NET-ASSETS>                               731,950,351
<DIVIDEND-INCOME>                            7,918,699
<INTEREST-INCOME>                              401,869
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<EXPENSES-NET>                             (2,803,669)
<NET-INVESTMENT-INCOME>                      5,516,899
<REALIZED-GAINS-CURRENT>                    25,333,085
<APPREC-INCREASE-CURRENT>                   44,046,288
<NET-CHANGE-FROM-OPS>                       74,896,272
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (4,942,284)
<DISTRIBUTIONS-OF-GAINS>                  (35,538,046)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,444,883
<NUMBER-OF-SHARES-REDEEMED>                (1,405,195)
<SHARES-REINVESTED>                          1,307,207
<NET-CHANGE-IN-ASSETS>                      84,458,144
<ACCUMULATED-NII-PRIOR>                      3,066,439
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<GROSS-EXPENSE>                              2,803,669
<AVERAGE-NET-ASSETS>                       685,108,793
<PER-SHARE-NAV-BEGIN>                            31.07
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                           3.16
<PER-SHARE-DIVIDEND>                             (.26)
<PER-SHARE-DISTRIBUTIONS>                       (1.95)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              32.27
<EXPENSE-RATIO>                                    .72


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
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<INVESTMENTS-AT-VALUE>                     730,673,134
<RECEIVABLES>                                2,511,130
<ASSETS-OTHER>                                  37,374
<OTHER-ITEMS-ASSETS>                            10,001
<TOTAL-ASSETS>                             733,231,639
<PAYABLE-FOR-SECURITIES>                             0
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<OTHER-ITEMS-LIABILITIES>                    1,281,288
<TOTAL-LIABILITIES>                          1,281,288
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   495,313,703
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<SHARES-COMMON-PRIOR>                        1,448,791
<ACCUMULATED-NII-CURRENT>                    3,235,011
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     25,345,599
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   208,056,038
<NET-ASSETS>                               731,950,351
<DIVIDEND-INCOME>                            7,918,699
<INTEREST-INCOME>                              401,869
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,803,669)
<NET-INVESTMENT-INCOME>                      5,516,899
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<NET-CHANGE-FROM-OPS>                       74,896,272
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (212,784)
<DISTRIBUTIONS-OF-GAINS>                   (2,882,612)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        376,602
<NUMBER-OF-SHARES-REDEEMED>                  (172,286)
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<NET-CHANGE-IN-ASSETS>                      84,458,144
<ACCUMULATED-NII-PRIOR>                      3,066,439
<ACCUMULATED-GAINS-PRIOR>                   40,897,880
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                        1,280,423
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<GROSS-EXPENSE>                              2,803,669
<AVERAGE-NET-ASSETS>                       685,108,793
<PER-SHARE-NAV-BEGIN>                            30.90
<PER-SHARE-NII>                                    .15
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<PER-SHARE-DIVIDEND>                             (.14)
<PER-SHARE-DISTRIBUTIONS>                       (1.95)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              32.10
<EXPENSE-RATIO>                                   1.42


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                      522,617,096
<INVESTMENTS-AT-VALUE>                     730,673,134
<RECEIVABLES>                                2,511,130
<ASSETS-OTHER>                                  37,374
<OTHER-ITEMS-ASSETS>                            10,001
<TOTAL-ASSETS>                             733,231,639
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,281,288
<TOTAL-LIABILITIES>                          1,281,288
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   495,313,703
<SHARES-COMMON-STOCK>                        1,412,466
<SHARES-COMMON-PRIOR>                        1,223,310
<ACCUMULATED-NII-CURRENT>                    3,235,011
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     25,345,599
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   208,056,038
<NET-ASSETS>                               731,950,351
<DIVIDEND-INCOME>                            7,918,699
<INTEREST-INCOME>                              401,869
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,803,669)
<NET-INVESTMENT-INCOME>                      5,516,899
<REALIZED-GAINS-CURRENT>                    25,333,085
<APPREC-INCREASE-CURRENT>                   44,046,288
<NET-CHANGE-FROM-OPS>                       74,896,272
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (193,815)
<DISTRIBUTIONS-OF-GAINS>                   (2,464,152)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        328,329
<NUMBER-OF-SHARES-REDEEMED>                  (227,705)
<SHARES-REINVESTED>                             88,532
<NET-CHANGE-IN-ASSETS>                      84,458,144
<ACCUMULATED-NII-PRIOR>                      3,066,439
<ACCUMULATED-GAINS-PRIOR>                   40,897,880
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,280,423
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,803,669
<AVERAGE-NET-ASSETS>                       685,108,793
<PER-SHARE-NAV-BEGIN>                            30.80
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                           3.13
<PER-SHARE-DIVIDEND>                             (.15)
<PER-SHARE-DISTRIBUTIONS>                       (1.95)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              31.99
<EXPENSE-RATIO>                                   1.37


</TABLE>


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