VALOR INVESTMENT FUND INC
NSAR-B, 1999-03-31
Previous: FAIRFIELD COMMUNITIES INC, 10-K, 1999-03-31
Next: INSURED MUNICIPALS INCOME TRUST SERIES 25, 24F-2NT, 1999-03-31



<PAGE>      PAGE  1
000 B000000 01/31/99
000 C000000 0000276206
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 VALOR INVESTMENT FUND, INC.
001 B000000 811-2850
001 C000000 3134657817
002 A000000 2290 FIRST NATIONAL BUILDING
002 B000000 DETROIT
002 C000000 MI
002 D010000 48226
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
022 A000001 NBD
022 B000001 38-0864715
022 C000001      1427
022 D000001      1471
022 C000002         0
022 D000002         0
022 C000003         0
022 D000003         0
022 C000004         0
022 D000004         0
022 C000005         0
022 D000005         0
022 C000006         0
022 D000006         0
022 C000007         0
022 D000007         0
022 C000008         0
022 D000008         0
022 C000009         0
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000       1427
023 D000000       1471
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.7
<PAGE>      PAGE  2
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   0.5
062 M000000   0.0
062 N000000   0.0
062 O000000  98.8
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000 11.5
071 A000000      1427
071 B000000      1471
071 C000000     14046
071 D000000   10.2
072 A000000  6
072 B000000      386
072 C000000        0
072 D000000        0
072 E000000        0
072 F000000        0
072 G000000        0
072 H000000        0
072 I000000        0
072 J000000        6
072 K000000        0
072 L000000        0
072 M000000        1
072 N000000        0
072 O000000        0
072 P000000        0
072 Q000000        1
072 R000000        7
072 S000000       10
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000        3
072 X000000       28
072 Y000000        0
072 Z000000      358
072AA000000        0
072BB000000        0
072CC010000      890
072CC020000        0
072DD010000        0
072DD020000        0
<PAGE>      PAGE  3
072EE000000        0
073 A010000   0.4400
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.0000
074 A000000        0
074 B000000        0
074 C000000      101
074 D000000    13874
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000       66
074 J000000        0
074 K000000        0
074 L000000      202
074 M000000        7
074 N000000    14250
074 O000000        0
074 P000000        0
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000       12
074 S000000        0
074 T000000    14238
074 U010000   883525
074 U020000        0
074 V010000    16.12
074 V020000     0.00
074 W000000   0.0000
074 X000000        0
074 Y000000        0
075 A000000        0
075 B000000    14078
076  000000    16.12
077 A000000 N
078  000000 N
080 A000000 FIDELITY AND DEPOSIT COMPANY OF MARYLAND
080 C000000      200
081 A000000 N
081 B000000   0
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 N
<PAGE>      PAGE  4
085 B000000 N
SIGNATURE   WILLIAM B. KLINSKY                                  
TITLE       PRESIDENT 
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
<INVESTMENTS-AT-COST>                       13,151,429
<INVESTMENTS-AT-VALUE>                      14,041,013
<RECEIVABLES>                                  202,327
<ASSETS-OTHER>                                   6,970
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              14,250,310
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       11,500
<TOTAL-LIABILITIES>                             11,500
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       883,525
<SHARES-COMMON-STOCK>                          883,525
<SHARES-COMMON-PRIOR>                          883,525
<ACCUMULATED-NII-CURRENT>                      317,223
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       889,584
<NET-ASSETS>                                14,238,810
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              386,448
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  28,242
<NET-INVESTMENT-INCOME>                        358,206
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                      158,994
<NET-CHANGE-FROM-OPS>                          517,200
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      388,703
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         128,497
<ACCUMULATED-NII-PRIOR>                        347,730
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 28,242
<AVERAGE-NET-ASSETS>                        14,078,049
<PER-SHARE-NAV-BEGIN>                            15.97
<PER-SHARE-NII>                                    .41
<PER-SHARE-GAIN-APPREC>                            .18
<PER-SHARE-DIVIDEND>                               .44
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.12
<EXPENSE-RATIO>                                  0.002
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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