<PAGE> PAGE 1
000 A000000 02/28/99
000 C000000 0000276242
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 VAN KAMPEN HIGH INCOME CORPORATE BOND FUND
001 B000000 811-02851
001 C000000 6306846000
002 A000000 1 PARKVIEW PLAZA
002 B000000 OAKBROOK TERRACE
002 C000000 IL
002 D010000 60181
002 D020000 5555
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 VAN KAMPEN ASSET MANAGEMENT
008 B000001 A
008 C000001 801-8286
008 D010001 OAKBROOK TERRACE
008 D020001 IL
008 D030001 60181
008 D040001 5555
011 A000001 VAN KAMPEN FUNDS, INC.
011 B000001 8-19903
011 C010001 OAKBROOK TERRACE
011 C020001 IL
011 C030001 60181
011 C040001 5555
012 A000001 VAN KAMPEN INVESTOR SERVICES INC.
012 B000001 84-01621
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64141
<PAGE> PAGE 2
013 A000001 PRICEWATERHOUSECOOPERS, LLP
013 B010001 CHICAGO
013 B020001 IL
013 B030001 60601
014 A000001 MORGAN STANLEY & CO., INCORPORATED
014 B000001 8-733537
014 A000002 DEAN WITTER REYNOLDS, INC.
014 B000002 8-728181
015 A000001 STATE STREET BANK & TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 118
019 C000000 VANKAMPENF
020 A000001 GOLDMAN SACHS & CO.
020 B000001 13-5108880
020 C000001 1
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 1
022 A000001 BA SECURITIESRS
022 B000001 95-4035346
022 C000001 2796644
022 D000001 0
022 A000002 DONALDSON LUFKIN JENNRETTE
022 B000002 13-2741729
022 C000002 1259873
022 D000002 23785
022 A000003 WARBURG DILLON READ
022 B000003 13-1939216
022 C000003 1112270
022 D000003 0
022 A000004 STATE STREET BANK & TRUST
022 B000004 04-1867445
022 C000004 292406
022 D000004 0
022 A000005 GOLDMAN SACHS & CO.
022 B000005 13-5108880
022 C000005 229461
022 D000005 7202
<PAGE> PAGE 3
022 A000006 GRANTCHESTER SECURITIES INC.
022 B000006 13-3502273
022 C000006 30882
022 D000006 19001
022 A000007 SBC WRBURG DILLON READ
022 B000007 13-1339216
022 C000007 46616
022 D000007 1273
022 A000008 J.P. MORGAN
022 B000008 13-3224016
022 C000008 26845
022 D000008 10385
022 A000009 BEAR STERNS & CO. INC.
022 B000009 13-3299429
022 C000009 20230
022 D000009 9528
022 A000010 LEHMAN BROTHERS
022 B000010 13-2518466
022 C000010 10469
022 D000010 15543
023 C000000 5954179
023 D000000 154444
024 000000 N <<<<this should be NO >>>>>
025 A000001 DELETE
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 22367
028 A020000 3577
028 A030000 0
028 A040000 18965
028 B010000 42499
028 B020000 3622
028 B030000 0
028 B040000 17122
028 C010000 49494
<PAGE> PAGE 4
028 C020000 3946
028 C030000 0
028 C040000 13714
028 D010000 35251
028 D020000 5930
028 D030000 0
028 D040000 29699
028 E010000 27965
028 E020000 4013
028 E030000 0
028 E040000 24047
028 F010000 24543
028 F020000 4050
028 F030000 0
028 F040000 15603
028 G010000 202119
028 G020000 25138
028 G030000 0
028 G040000 119150
028 H000000 40314
029 000000 Y
030 A000000 1015
030 B000000 4.75
030 C000000 0.00
031 A000000 121
031 B000000 0
032 000000 894
033 000000 0
034 000000 Y
035 000000 326
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 55
042 D000000 45
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 2400
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
<PAGE> PAGE 5
048 A010000 150000
048 A020000 0.625
048 B010000 150000
048 B020000 0.550
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 300000
048 K020000 0.500
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 N
054 I000000 Y
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
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 500
<PAGE> PAGE 6
062 A000000 Y
062 B000000 0.0
062 C000000 3.1
062 D000000 2.5
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 90.5
062 Q000000 0.7
062 R000000 1.5
063 A000000 0
063 B000000 7.0
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 Y
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 Y
<PAGE> PAGE 7
070 M010000 Y
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 259762
071 B000000 184687
071 C000000 819390
071 D000000 32
072 A000000 6
072 B000000 49171
072 C000000 473
072 D000000 0
072 E000000 871
072 F000000 2307
072 G000000 0
072 H000000 0
072 I000000 883
072 J000000 24
072 K000000 0
072 L000000 44
072 M000000 10
072 N000000 59
072 O000000 0
072 P000000 0
072 Q000000 105
072 R000000 19
072 S000000 15
072 T000000 2350
072 U000000 0
072 V000000 0
072 W000000 21
072 X000000 5837
072 Y000000 0
072 Z000000 44678
072AA000000 0
072BB000000 14039
072CC010000 0
072CC020000 2819
072DD010000 29140
072DD020000 15551
072EE000000 0
073 A010000 0.3320
073 A020000 0.3080
<PAGE> PAGE 8
073 B000000 0.0000
073 C000000 0.0000
074 A000000 13
074 B000000 22781
074 C000000 28713
074 D000000 845169
074 E000000 12357
074 F000000 100
074 G000000 0
074 H000000 0
074 I000000 1150
074 J000000 10220
074 K000000 0
074 L000000 24464
074 M000000 49
074 N000000 945016
074 O000000 10054
074 P000000 996
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 7658
074 S000000 0
074 T000000 926308
074 U010000 91321
074 U020000 54008
074 V010000 5.91
074 V020000 5.92
074 W000000 0.0000
074 X000000 53384
074 Y000000 0
075 A000000 0
075 B000000 878524
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 Y
077 P000000 N
<PAGE> PAGE 9
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 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
SIGNATURE NICHOLAS DALMASO
TITLE ATTORNEY
<TABLE>
<CAPTION>
NSAR ITEM 77O
VKAC High Income Corporate Bond Fund
10f-3 Transactions
UNDERWRITING # UNDERWRITING PURCHASED FROM AMOUNT OF SHARES % OF DATE OF
PURCHASED UNDERWRITING PURCHASE
<S> <C> <C> <C> <C> <C>
1 The Republic of Korea Notes Goldman Sachs 1,150,000 0.115% 04/08/98
2 IXC Communications Inc. First Boston 1,800,000 0.424% 04/16/98
3 Chesapeake Energy Corp. Sr. Note Donaldson, Lufkin & 1,000,000 0.200% 04/17/98
Jenrette
4 PSI NET DLJ 3,000,000 1.500% 10/28/98
5 PSI NET DLJ 1,750,000 1.170% 11/09/98
6 Atlas Air Bankers Trust 6,750,000 4.500% 11/13/98
7 Oxford Automotive Bear Stearns 6,000,000 15.00% 12/01/98
8 Centennial Cellular Merrill Lynch 3,000,000 0.810% 12/10/98
</TABLE>
Other Firms participating in Underwriting:
UNDERWRITING FOR #1
Goldman, Sachs & Co.
Salomon Brothers Inc.
Bear, Stearns International Limited
Chase Securities Inc.
Citicorp Securities, Inc.
Deutsche Bank AG London
The Hongkong Shanghai Banking Corporation Limited
ING Bank NV London Branch
Lehman Brothers International (Europe)
Merrill Lynch, Pierce, Fenner & Smith Incorporated
UNDERWRITING FOR #1 (CONT.)
Morgan Stanley & Co. Incorporated
Nomura International plc
Societe Generale Securities Corporation
Tokyo-Mitsubishi International plc
UBS Securities LLC
UNDERWRITING FOR #2
Credit Suisse First Boston Corporation
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co. Incorporated
NationsBanc Montgomery Securities LLC
UNDERWRITING FOR #3
Donaldson, Lufkin & Jenrette
Lehman Brothers
J.P. Morgan & Co.
Morgan Stanley Dean Witter
Bear, Stearns & Co. Inc.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
<F1> This item relates to the Fund on a composite
basis and not on a class basis
</LEGEND>
<SERIES>
<NUMBER> 11
<NAME> HIGH INC CORP BND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1999
<PERIOD-START> SEP-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 976,590,645 <F1>
<INVESTMENTS-AT-VALUE> 910,270,108 <F1>
<RECEIVABLES> 34,683,525 <F1>
<ASSETS-OTHER> 48,890 <F1>
<OTHER-ITEMS-ASSETS> 13,201 <F1>
<TOTAL-ASSETS> 945,015,724 <F1>
<PAYABLE-FOR-SECURITIES> 10,053,654 <F1>
<SENIOR-LONG-TERM-DEBT> 0 <F1>
<OTHER-ITEMS-LIABILITIES> 8,653,677 <F1>
<TOTAL-LIABILITIES> 18,707,331 <F1>
<SENIOR-EQUITY> 0 <F1>
<PAID-IN-CAPITAL-COMMON> 796,139,252
<SHARES-COMMON-STOCK> 91,320,756
<SHARES-COMMON-PRIOR> 82,387,098
<ACCUMULATED-NII-CURRENT> 1,025,183 <F1>
<OVERDISTRIBUTION-NII> 0 <F1>
<ACCUMULATED-NET-GAINS> (202,380,358)<F1>
<OVERDISTRIBUTION-GAINS> 0 <F1>
<ACCUM-APPREC-OR-DEPREC> (66,320,537)<F1>
<NET-ASSETS> 539,712,572
<DIVIDEND-INCOME> 472,659 <F1>
<INTEREST-INCOME> 49,171,151 <F1>
<OTHER-INCOME> 870,899 <F1>
<EXPENSES-NET> (5,836,556)<F1>
<NET-INVESTMENT-INCOME> 44,678,153 <F1>
<REALIZED-GAINS-CURRENT> (14,038,622)<F1>
<APPREC-INCREASE-CURRENT> (2,818,782)<F1>
<NET-CHANGE-FROM-OPS> 27,820,749 <F1>
<EQUALIZATION> 0 <F1>
<DISTRIBUTIONS-OF-INCOME> (29,140,305)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17,073,134
<NUMBER-OF-SHARES-REDEEMED> (10,867,473)
<SHARES-REINVESTED> 2,727,997
<NET-CHANGE-IN-ASSETS> 40,409,135
<ACCUMULATED-NII-PRIOR> 4,912,228 <F1>
<ACCUMULATED-GAINS-PRIOR> (188,341,736)<F1>
<OVERDISTRIB-NII-PRIOR> 0 <F1>
<OVERDIST-NET-GAINS-PRIOR> 0 <F1>
<GROSS-ADVISORY-FEES> 2,306,846 <F1>
<INTEREST-EXPENSE> 0 <F1>
<GROSS-EXPENSE> 5,836,556 <F1>
<AVERAGE-NET-ASSETS> 520,193,493
<PER-SHARE-NAV-BEGIN> 6.060
<PER-SHARE-NII> 0.308
<PER-SHARE-GAIN-APPREC> (0.126)
<PER-SHARE-DIVIDEND> (0.332)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 5.910
<EXPENSE-RATIO> 1.03
<AVG-DEBT-OUTSTANDING> 0 <F1>
<AVG-DEBT-PER-SHARE> 0 <F1>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
<F1> This item relates to the Fund on a composite
basis and not on a class basis
</LEGEND>
<SERIES>
<NUMBER> 12
<NAME> HIGH INC CORP BND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1999
<PERIOD-START> SEP-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 976,590,645 <F1>
<INVESTMENTS-AT-VALUE> 910,270,108 <F1>
<RECEIVABLES> 34,683,525 <F1>
<ASSETS-OTHER> 48,890 <F1>
<OTHER-ITEMS-ASSETS> 13,201 <F1>
<TOTAL-ASSETS> 945,015,724 <F1>
<PAYABLE-FOR-SECURITIES> 10,053,654 <F1>
<SENIOR-LONG-TERM-DEBT> 0 <F1>
<OTHER-ITEMS-LIABILITIES> 8,653,677 <F1>
<TOTAL-LIABILITIES> 18,707,331 <F1>
<SENIOR-EQUITY> 0 <F1>
<PAID-IN-CAPITAL-COMMON> 327,343,107
<SHARES-COMMON-STOCK> 54,007,560
<SHARES-COMMON-PRIOR> 46,672,795
<ACCUMULATED-NII-CURRENT> 1,025,183 <F1>
<OVERDISTRIBUTION-NII> 0 <F1>
<ACCUMULATED-NET-GAINS> (202,380,358)<F1>
<OVERDISTRIBUTION-GAINS> 0 <F1>
<ACCUM-APPREC-OR-DEPREC> (66,320,537)<F1>
<NET-ASSETS> 319,511,059
<DIVIDEND-INCOME> 472,659 <F1>
<INTEREST-INCOME> 49,171,151 <F1>
<OTHER-INCOME> 870,899 <F1>
<EXPENSES-NET> (5,836,556)<F1>
<NET-INVESTMENT-INCOME> 44,678,153 <F1>
<REALIZED-GAINS-CURRENT> (14,038,622)<F1>
<APPREC-INCREASE-CURRENT> (2,818,782)<F1>
<NET-CHANGE-FROM-OPS> 27,820,749 <F1>
<EQUALIZATION> 0 <F1>
<DISTRIBUTIONS-OF-INCOME> (15,551,339)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,444,814
<NUMBER-OF-SHARES-REDEEMED> (7,360,939)
<SHARES-REINVESTED> 1,250,890
<NET-CHANGE-IN-ASSETS> 36,443,245
<ACCUMULATED-NII-PRIOR> 4,912,228 <F1>
<ACCUMULATED-GAINS-PRIOR> (188,341,736)<F1>
<OVERDISTRIB-NII-PRIOR> 0 <F1>
<OVERDIST-NET-GAINS-PRIOR> 0 <F1>
<GROSS-ADVISORY-FEES> 2,306,846 <F1>
<INTEREST-EXPENSE> 0 <F1>
<GROSS-EXPENSE> 5,836,556 <F1>
<AVERAGE-NET-ASSETS> 299,606,276
<PER-SHARE-NAV-BEGIN> 6.064
<PER-SHARE-NII> 0.289
<PER-SHARE-GAIN-APPREC> (0.129)
<PER-SHARE-DIVIDEND> (0.308)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 5.916
<EXPENSE-RATIO> 1.80
<AVG-DEBT-OUTSTANDING> 0 <F1>
<AVG-DEBT-PER-SHARE> 0 <F1>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
<F1> This item relates to the Fund on a composite
basis and not on a class basis
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> HIGH INC CORP BND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1999
<PERIOD-START> SEP-01-1998
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 976,590,645 <F1>
<INVESTMENTS-AT-VALUE> 910,270,108 <F1>
<RECEIVABLES> 34,683,525 <F1>
<ASSETS-OTHER> 48,890 <F1>
<OTHER-ITEMS-ASSETS> 13,201 <F1>
<TOTAL-ASSETS> 945,015,724 <F1>
<PAYABLE-FOR-SECURITIES> 10,053,654 <F1>
<SENIOR-LONG-TERM-DEBT> 0 <F1>
<OTHER-ITEMS-LIABILITIES> 8,653,677 <F1>
<TOTAL-LIABILITIES> 18,707,331 <F1>
<SENIOR-EQUITY> 0 <F1>
<PAID-IN-CAPITAL-COMMON> 70,501,746
<SHARES-COMMON-STOCK> 11,400,294
<SHARES-COMMON-PRIOR> 9,240,372
<ACCUMULATED-NII-CURRENT> 1,025,183 <F1>
<OVERDISTRIBUTION-NII> 0 <F1>
<ACCUMULATED-NET-GAINS> (202,380,358)<F1>
<OVERDISTRIBUTION-GAINS> 0 <F1>
<ACCUM-APPREC-OR-DEPREC> (66,320,537)<F1>
<NET-ASSETS> 67,084,762
<DIVIDEND-INCOME> 472,659 <F1>
<INTEREST-INCOME> 49,171,151 <F1>
<OTHER-INCOME> 870,899 <F1>
<EXPENSES-NET> (5,836,556)<F1>
<NET-INVESTMENT-INCOME> 44,678,153 <F1>
<REALIZED-GAINS-CURRENT> (14,038,622)<F1>
<APPREC-INCREASE-CURRENT> (2,818,782)<F1>
<NET-CHANGE-FROM-OPS> 27,820,749 <F1>
<EQUALIZATION> 0 <F1>
<DISTRIBUTIONS-OF-INCOME> (3,066,465)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,714,295
<NUMBER-OF-SHARES-REDEEMED> (1,808,202)
<SHARES-REINVESTED> 253,829
<NET-CHANGE-IN-ASSETS> 11,317,911
<ACCUMULATED-NII-PRIOR> 4,912,228 <F1>
<ACCUMULATED-GAINS-PRIOR> (188,341,736)<F1>
<OVERDISTRIB-NII-PRIOR> 0 <F1>
<OVERDIST-NET-GAINS-PRIOR> 0 <F1>
<GROSS-ADVISORY-FEES> 2,306,846 <F1>
<INTEREST-EXPENSE> 0 <F1>
<GROSS-EXPENSE> 5,836,556 <F1>
<AVERAGE-NET-ASSETS> 58,723,970
<PER-SHARE-NAV-BEGIN> 6.035
<PER-SHARE-NII> 0.288
<PER-SHARE-GAIN-APPREC> (0.131)
<PER-SHARE-DIVIDEND> (0.308)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 5.884
<EXPENSE-RATIO> 1.79
<AVG-DEBT-OUTSTANDING> 0 <F1>
<AVG-DEBT-PER-SHARE> 0 <F1>
</TABLE>
