<PAGE> PAGE 1
000 A000000 06/30/95
000 C000000 0000205193
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 AMERICAN CAPITAL COMSTOCK FUND, INC.
001 B000000 811-01570
001 C000000 7139930500
002 A000000 2800 POST OAK BLVD.
002 B000000 HOUSTON
002 C000000 TX
002 D010000 77056
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008 A000001 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC.
008 B000001 A
008 C000001 801-8286
008 D010001 HOUSTON
008 D020001 TX
008 D030001 77056
011 A000001 VAN KAMPEN AMERICAN CAPITAL DISTRIBUTORS, INC
011 B000001 8-19903
011 C010001 OAKBROOK TERRACE
011 C020001 IL
011 C030001 60181
012 A000001 ACCESS INVESTOR SERVICES, INC.
012 B000001 84-01621
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64141
012 C040001 9256
018 000000 Y
019 A000000 Y
<PAGE> PAGE 2
019 B000000 34
019 C000000 ACFHOUSTON
020 A000001 MORGAN STANLEY & CO., INC.
020 B000001 13-2655998
020 C000001 166
020 A000002 MERRILL LYNCH & CO., INC.
020 B000002 13-5674085
020 C000002 158
020 A000003 LEHMAN BROTHERS, INC.
020 B000003 13-2518466
020 C000003 153
020 A000004 SMITH BARNEY, INC.
020 B000004 13-1912900
020 C000004 151
020 A000005 SALOMON BROTHERS, INC.
020 B000005 13-3082694
020 C000005 142
020 A000006 FIRST BOSTON CORP.
020 B000006 13-5659485
020 C000006 132
020 A000007 GOLDMAN, SACHS & CO.
020 B000007 13-5108880
020 C000007 100
020 A000008 PAINEWEBBER, INC.
020 B000008 13-2638166
020 C000008 90
020 A000009 NATWEST SECURITIES
020 B000009 ----
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020 A000010 BROWN ALEX & SONS, INC.
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022 B000003 13-3082694
022 C000003 627913
022 D000003 7255
022 A000004 LEHMAN BROTHERS, INC.
022 B000004 13-2518466
022 C000004 309770
022 D000004 19958
022 A000005 STATE STREET BANK & TRUST CO.
022 B000005 04-1847445
<PAGE> PAGE 3
022 C000005 227915
022 D000005 0
022 A000006 SBC CAPITAL MARKETS, INC.
022 B000006 ----
022 C000006 213565
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022 A000007 PRUDENTIAL FUNDING SECURITIES CORP.
022 B000007 22-2347336
022 C000007 102608
022 D000007 0
022 A000008 NATIONSBANK
022 B000008 75-0520130
022 C000008 47899
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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SIGNATURE TANYA LODEN
TITLE CONTROLLER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000205193
<NAME> AC COMSTOCK FUND
<SERIES>
<NUMBER> 1
<NAME> CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 879,149,265
<INVESTMENTS-AT-VALUE> 990,448,690
<RECEIVABLES> 47,556,820
<ASSETS-OTHER> 11,505
<OTHER-ITEMS-ASSETS> 15,711
<TOTAL-ASSETS> 1,038,032,727
<PAYABLE-FOR-SECURITIES> 12,873,646
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,364,765
<TOTAL-LIABILITIES> 17,238,412
<SENIOR-EQUITY> 709,038
<PAID-IN-CAPITAL-COMMON> 861,091,655
<SHARES-COMMON-STOCK> 68,403,105
<SHARES-COMMON-PRIOR> 70,310,407
<ACCUMULATED-NII-CURRENT> 1,031,891
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 46,662,306
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 111,299,425
<NET-ASSETS> 1,020,794,315
<DIVIDEND-INCOME> 11,942,011
<INTEREST-INCOME> 2,424,200
<OTHER-INCOME> 0
<EXPENSES-NET> 4,917,466
<NET-INVESTMENT-INCOME> 9,448,745
<REALIZED-GAINS-CURRENT> 48,512,796
<APPREC-INCREASE-CURRENT> 115,366,044
<NET-CHANGE-FROM-OPS> 173,327,585
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9,215,767
<DISTRIBUTIONS-OF-GAINS> 20,638,248
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,040,580
<NUMBER-OF-SHARES-REDEEMED> 7,025,387
<SHARES-REINVESTED> 2,077,505
<NET-CHANGE-IN-ASSETS> 124,874,744
<ACCUMULATED-NII-PRIOR> 971,744
<ACCUMULATED-GAINS-PRIOR> 19,436,251
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,396,992
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,917,466
<AVERAGE-NET-ASSETS> 929,067,972
<PER-SHARE-NAV-BEGIN> 12.40
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 2.298
<PER-SHARE-DIVIDEND> 0.135
<PER-SHARE-DISTRIBUTIONS> 0.303
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.40
<EXPENSE-RATIO> 1.00<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>expense ratio is annualized
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000205193
<NAME> AC COMSTOCK FUND
<SERIES>
<NUMBER> 2
<NAME> CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 2,301,582
<SHARES-COMMON-PRIOR> 1,769,036
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 158,910
<DISTRIBUTIONS-OF-GAINS> 594,819
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 663,944
<NUMBER-OF-SHARES-REDEEMED> 184,814
<SHARES-REINVESTED> 53,416
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 27,499,741
<PER-SHARE-NAV-BEGIN> 12.42
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> 2.298
<PER-SHARE-DIVIDEND> .075
<PER-SHARE-DISTRIBUTIONS> .303
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.42
<EXPENSE-RATIO> 1.84<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>expense ratio is annualized
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000205193
<NAME> AC COMSTOCK FUND
<SERIES>
<NUMBER> 3
<NAME> CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 199,148
<SHARES-COMMON-PRIOR> 186,551
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 13,921
<DISTRIBUTIONS-OF-GAINS> 53,674
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 58,309
<NUMBER-OF-SHARES-REDEEMED> 50,295
<SHARES-REINVESTED> 4,583
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 2,502,392
<PER-SHARE-NAV-BEGIN> 12.41
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> 2.298
<PER-SHARE-DIVIDEND> .075
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<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.41
<EXPENSE-RATIO> 1.84<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>expense ratio is annualized
</FN>
</TABLE>
