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<PAGE> PAGE 2
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011 C020002 NY
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012 A000001 PRUDENTIAL MUTUAL FUND SERVICES, INC.
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SIGNATURE GRACE TORRES
TITLE TREASURER
<TABLE> <S> <C>
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<NAME> PRUDENTIAL HIGH YIELD FUND, INC. (CLASS B)
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<GROSS-EXPENSE> 21,701,515
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</TABLE>
For six months ended (a) June 30, 1995
File number (c) 811-2896
SUB-ITEM 77J
Reclassification of Capital Accounts
The Prudential High Yield Fund, Inc. accounts and reports for distributions to
shareholders in accordance with AICPA Statement of Position 93-2; Determination,
Disclosure, and Financial Statement Presentation of Income, Capital Gain, and
Return of Capital Distributions by Investment Companies. The effect of applying
this statement was to increase undistributed net investment income and increase
accumulated net realized loss on investments by $4,503,878. This is primarily
the result of market discount incurred for the six months ended June 30, 1995.
Net investment income, net realized gains and net assets were not affected by
this change.
