<PAGE> PAGE 1
000 A000000 06/30/99
000 C000000 0000278187
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 PRUDENTIAL HIGH YIELD FUND, INC.
001 B000000 811-2896
001 C000000 9733677530
002 A000000 100 MULBERRY STREET, 9TH FLOOR
002 B000000 NEWARK
002 C000000 NJ
002 D010000 07120
002 D020000 4077
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 PRUDENTIAL INVESTMENTS FUND MANAGEMENT LLC
008 B000001 A
008 C000001 801-31104
008 D010001 NEWARK
008 D020001 NJ
008 D030001 07102
008 D040001 4077
008 A000002 THE PRUDENTIAL INVESTMENT CORPORATION
008 B000002 S
008 C000002 801-22808
008 D010002 NEWARK
008 D020002 NJ
008 D030002 07102
008 D040002 3777
011 A000001 PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC
011 B000001 8-36540
011 C010001 NEWARK
011 C020001 NJ
<PAGE> PAGE 2
011 C030001 07102
011 C040001 4077
011 A000002 DELETE
012 A000001 PRUDENTIAL MUTUAL FUND SERVICES LLC
012 B000001 84-411009
012 C010001 NEW BRUNSWICK
012 C020001 NJ
012 C030001 08906
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 PRUDENTIAL SECURITIES INCORPORATED
014 B000001 8-27154
014 A000002 PRUCO SECURITIES CORPORATION
014 B000002 8-16402
014 A000003 DELETE
015 A000001 STATE STREET BANK & TRUST COMPANY
015 B000001 C
015 C010001 NORTH QUINCY
015 C020001 MA
015 C030001 02171
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 104
019 C000000 PRUDENTIAL
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000001 13-5674085
020 C000001 16
020 A000002 INSTINET CORP.
020 B000002 13-3443395
020 C000002 4
020 A000003 B-TRADE SERVICES, LLC.
020 B000003 N/A
020 C000003 1
020 A000004 ESI SECURITIES CO.
020 B000004 N/A
020 C000004 1
020 A000005 JEFFERIES & CO., INC.
020 B000005 95-2622900
020 C000005 1
020 A000006 PRESIDENTIAL SECURITIES, INC.
020 B000006 N/A
020 C000006 1
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 24
022 A000001 GOLDMAN, SACHS & CO.
<PAGE> PAGE 3
022 B000001 13-5108880
022 C000001 2016272
022 D000001 65499
022 A000002 BANK OF AMERICA NT & SA
022 B000002 94-1687665
022 C000002 1622664
022 D000002 0
022 A000003 LEHMAN BROTHERS, INC.
022 B000003 13-2518466
022 C000003 1114639
022 D000003 30914
022 A000004 SALOMON SMITH BARNEY, INC.
022 B000004 11-2418191
022 C000004 1043461
022 D000004 41818
022 A000005 CHASE SECURITIES, INC.
022 B000005 13-3112953
022 C000005 1067025
022 D000005 4238
022 A000006 MORGAN STANLEY DEAN WITTER
022 B000006 13-2655998
022 C000006 711888
022 D000006 245493
022 A000007 MORGAN (J.P.) SECURITIES, INC.
022 B000007 13-3224016
022 C000007 860429
022 D000007 19304
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000008 13-5674085
022 C000008 726653
022 D000008 26439
022 A000009 GE INVESTMENT SERVICES, INC.
022 B000009 06-1362678
022 C000009 613582
022 D000009 0
022 A000010 CREDIT SUISSE FIRST BOSTON CORP.
022 B000010 13-5659485
022 C000010 395578
022 D000010 55181
023 C000000 12604398
023 D000000 1042062
024 000000 N
025 A000001 DELETE
025 D000001 0
025 A000002 DELETE
025 D000002 0
025 A000003 DELETE
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
<PAGE> PAGE 4
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 402058
028 A020000 11997
028 A030000 0
028 A040000 240175
028 B010000 60500
028 B020000 16760
028 B030000 0
028 B040000 271225
028 C010000 374642
028 C020000 16485
028 C030000 0
028 C040000 315320
028 D010000 436714
028 D020000 17188
028 D030000 0
028 D040000 340576
028 E010000 53304
028 E020000 16453
028 E030000 0
028 E040000 320864
028 F010000 114329
028 F020000 15818
028 F030000 0
028 F040000 134834
028 G010000 1441547
028 G020000 94701
028 G030000 0
028 G040000 1622994
028 H000000 1033042
029 000000 Y
030 A000000 800
030 B000000 4.00
030 C000000 0.00
031 A000000 758
031 B000000 0
032 000000 0
033 000000 42
034 000000 Y
035 000000 2044
<PAGE> PAGE 5
036 A000000 Y
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 0
042 D000000 100
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 11235
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 250000
048 A020000 0.500
048 B010000 500000
048 B020000 0.475
048 C010000 750000
048 C020000 0.450
048 D010000 500000
048 D020000 0.425
048 E010000 500000
048 E020000 0.400
048 F010000 500000
048 F020000 0.375
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 3000000
048 K020000 0.350
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
<PAGE> PAGE 6
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 Y
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 6.4
062 J000000 0.3
062 K000000 0.0
062 L000000 1.2
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 89.8
062 Q000000 0.0
062 R000000 5.8
063 A000000 0
063 B000000 7.9
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
<PAGE> PAGE 7
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
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
070 M010000 N
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 1276292
071 B000000 1446262
071 C000000 4043994
071 D000000 32
072 A000000 6
072 B000000 201434
072 C000000 7821
072 D000000 0
072 E000000 787
072 F000000 8616
072 G000000 0
072 H000000 0
072 I000000 2033
072 J000000 192
072 K000000 0
072 L000000 165
072 M000000 17
072 N000000 66
<PAGE> PAGE 8
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 24
072 S000000 37
072 T000000 11235
072 U000000 0
072 V000000 0
072 W000000 49
072 X000000 22434
072 Y000000 0
072 Z000000 187608
072AA000000 36066
072BB000000 103369
072CC010000 0
072CC020000 260079
072DD010000 106827
072DD020000 91180
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 320340
074 D000000 3632627
074 E000000 193413
074 F000000 9428
074 G000000 0
074 H000000 0
074 I000000 31040
074 J000000 24260
074 K000000 0
074 L000000 79026
074 M000000 50
074 N000000 4290184
074 O000000 10365
074 P000000 3139
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 233313
074 S000000 0
074 T000000 4043367
074 U010000 279791
074 U020000 244410
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
<PAGE> PAGE 9
074 X000000 255523
074 Y000000 0
075 A000000 0
075 B000000 4250049
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
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 70000
081 A000000 Y
081 B000000 86
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 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 GRACE TORRES
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000278187
<NAME> PRUDENTIAL HIGH YIELD FUND
<SERIES>
<NUMBER> 001
<NAME> PRUDENTIAL HIGH YIELD FUND (CLASS A)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 4,446,927,617
<INVESTMENTS-AT-VALUE> 4,186,848,376
<RECEIVABLES> 101,729,591
<ASSETS-OTHER> 1,605,884
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,290,183,851
<PAYABLE-FOR-SECURITIES> 10,364,673
<SENIOR-LONG-TERM-DEBT> 211,874,333
<OTHER-ITEMS-LIABILITIES> 24,577,414
<TOTAL-LIABILITIES> 246,816,420
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,752,073,917
<SHARES-COMMON-STOCK> 524,202,011
<SHARES-COMMON-PRIOR> 517,293,178
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (9,059,574)
<ACCUMULATED-NET-GAINS> (439,567,671)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (260,079,241)
<NET-ASSETS> 4,043,367,431
<DIVIDEND-INCOME> 7,820,948
<INTEREST-INCOME> 201,434,001
<OTHER-INCOME> 786,614
<EXPENSES-NET> 22,433,988
<NET-INVESTMENT-INCOME> 187,607,575
<REALIZED-GAINS-CURRENT> (67,303,322)
<APPREC-INCREASE-CURRENT> (343,147)
<NET-CHANGE-FROM-OPS> 119,961,106
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (187,607,575)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (10,399,262)
<NUMBER-OF-SHARES-SOLD> 1,441,554,424
<NUMBER-OF-SHARES-REDEEMED> (1,622,994,698)
<SHARES-REINVESTED> 94,701,201
<NET-CHANGE-IN-ASSETS> (164,784,804)
<ACCUMULATED-NII-PRIOR> 349,779
<ACCUMULATED-GAINS-PRIOR> (371,274,440)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,616,181
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,433,988
<AVERAGE-NET-ASSETS> 1,747,324,000
<PER-SHARE-NAV-BEGIN> 7.88
<PER-SHARE-NII> 0.36
<PER-SHARE-GAIN-APPREC> (0.14)
<PER-SHARE-DIVIDEND> (0.36)
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 7.72
<EXPENSE-RATIO> 0.78
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000278187
<NAME> PRUDENTIAL HIGH YIELD FUND
<SERIES>
<NUMBER> 002
<NAME> PRUDENTIAL HIGH YIELD FUND (CLASS B)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 4,446,927,617
<INVESTMENTS-AT-VALUE> 4,186,848,376
<RECEIVABLES> 101,729,591
<ASSETS-OTHER> 1,605,884
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,290,183,851
<PAYABLE-FOR-SECURITIES> 10,364,673
<SENIOR-LONG-TERM-DEBT> 211,874,333
<OTHER-ITEMS-LIABILITIES> 24,577,414
<TOTAL-LIABILITIES> 246,816,420
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,752,073,917
<SHARES-COMMON-STOCK> 524,202,011
<SHARES-COMMON-PRIOR> 517,293,178
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (9,059,574)
<ACCUMULATED-NET-GAINS> (439,567,671)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (260,079,241)
<NET-ASSETS> 4,043,367,431
<DIVIDEND-INCOME> 7,820,948
<INTEREST-INCOME> 201,434,001
<OTHER-INCOME> 786,614
<EXPENSES-NET> 22,433,988
<NET-INVESTMENT-INCOME> 187,607,575
<REALIZED-GAINS-CURRENT> (67,303,322)
<APPREC-INCREASE-CURRENT> (343,147)
<NET-CHANGE-FROM-OPS> 119,961,106
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (187,607,575)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (10,399,262)
<NUMBER-OF-SHARES-SOLD> 1,441,554,424
<NUMBER-OF-SHARES-REDEEMED> (1,622,994,698)
<SHARES-REINVESTED> 94,701,201
<NET-CHANGE-IN-ASSETS> (164,784,804)
<ACCUMULATED-NII-PRIOR> 349,779
<ACCUMULATED-GAINS-PRIOR> (371,274,440)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,616,181
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,433,988
<AVERAGE-NET-ASSETS> 2,345,471,000
<PER-SHARE-NAV-BEGIN> 7.86
<PER-SHARE-NII> 0.34
<PER-SHARE-GAIN-APPREC> (0.14)
<PER-SHARE-DIVIDEND> (0.34)
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 7.70
<EXPENSE-RATIO> 1.28
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000278187
<NAME> PRUDENTIAL HIGH YIELD FUND
<SERIES>
<NUMBER> 003
<NAME> PRUDENTIAL HIGH YIELD FUND (CLASS C)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 4,446,927,617
<INVESTMENTS-AT-VALUE> 4,186,848,376
<RECEIVABLES> 101,729,591
<ASSETS-OTHER> 1,605,884
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,290,183,851
<PAYABLE-FOR-SECURITIES> 10,364,673
<SENIOR-LONG-TERM-DEBT> 211,874,333
<OTHER-ITEMS-LIABILITIES> 24,577,414
<TOTAL-LIABILITIES> 246,816,420
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,752,073,917
<SHARES-COMMON-STOCK> 524,202,011
<SHARES-COMMON-PRIOR> 517,293,178
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (9,059,574)
<ACCUMULATED-NET-GAINS> (439,567,671)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (260,079,241)
<NET-ASSETS> 4,043,367,431
<DIVIDEND-INCOME> 7,820,948
<INTEREST-INCOME> 201,434,001
<OTHER-INCOME> 786,614
<EXPENSES-NET> 22,433,988
<NET-INVESTMENT-INCOME> 187,607,575
<REALIZED-GAINS-CURRENT> (67,303,322)
<APPREC-INCREASE-CURRENT> (343,147)
<NET-CHANGE-FROM-OPS> 119,961,106
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (187,607,575)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (10,399,262)
<NUMBER-OF-SHARES-SOLD> 1,441,554,424
<NUMBER-OF-SHARES-REDEEMED> (1,622,994,698)
<SHARES-REINVESTED> 94,701,201
<NET-CHANGE-IN-ASSETS> (164,784,804)
<ACCUMULATED-NII-PRIOR> 349,779
<ACCUMULATED-GAINS-PRIOR> (371,274,440)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,616,181
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,433,988
<AVERAGE-NET-ASSETS> 92,880,000
<PER-SHARE-NAV-BEGIN> 7.86
<PER-SHARE-NII> 0.34
<PER-SHARE-GAIN-APPREC> (0.14)
<PER-SHARE-DIVIDEND> (0.34)
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 7.70
<EXPENSE-RATIO> 1.28
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000278187
<NAME> PRUDENTIAL HIGH YIELD FUND
<SERIES>
<NUMBER> 004
<NAME> PRUDENTIAL HIGH YIELD FUND (CLASS Z)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 4,446,927,617
<INVESTMENTS-AT-VALUE> 4,186,848,376
<RECEIVABLES> 101,729,591
<ASSETS-OTHER> 1,605,884
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,290,183,851
<PAYABLE-FOR-SECURITIES> 10,364,673
<SENIOR-LONG-TERM-DEBT> 211,874,333
<OTHER-ITEMS-LIABILITIES> 24,577,414
<TOTAL-LIABILITIES> 246,816,420
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,752,073,917
<SHARES-COMMON-STOCK> 524,202,011
<SHARES-COMMON-PRIOR> 517,293,178
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (9,059,574)
<ACCUMULATED-NET-GAINS> (439,567,671)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (260,079,241)
<NET-ASSETS> 4,043,367,431
<DIVIDEND-INCOME> 7,820,948
<INTEREST-INCOME> 201,434,001
<OTHER-INCOME> 786,614
<EXPENSES-NET> 22,433,988
<NET-INVESTMENT-INCOME> 187,607,575
<REALIZED-GAINS-CURRENT> (67,303,322)
<APPREC-INCREASE-CURRENT> (343,147)
<NET-CHANGE-FROM-OPS> 119,961,106
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (187,607,575)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (10,399,262)
<NUMBER-OF-SHARES-SOLD> 1,441,554,424
<NUMBER-OF-SHARES-REDEEMED> (1,622,994,698)
<SHARES-REINVESTED> 94,701,201
<NET-CHANGE-IN-ASSETS> (164,784,804)
<ACCUMULATED-NII-PRIOR> 349,779
<ACCUMULATED-GAINS-PRIOR> (371,274,440)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,616,181
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,433,988
<AVERAGE-NET-ASSETS> 64,374,000
<PER-SHARE-NAV-BEGIN> 7.88
<PER-SHARE-NII> 0.37
<PER-SHARE-GAIN-APPREC> (0.13)
<PER-SHARE-DIVIDEND> (0.37)
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 7.73
<EXPENSE-RATIO> 0.53
[AVG-DEBT-OUTSTANDING] 0.00
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
For the fiscal period ended (a) 6/30/99
File number (c) 811-2896
SUB-ITEM 77 0
EXHIBITS
Transactions Effected Pursuant to Rule 10f-3
1. Name of Issuer
Charter Communications Holdings, LLC
2. Date of Purchase
3/12/99
3. Number of Securities Purchased
27,500
4. Dollar Amount of Purchase
$2,742,658
5. Price Per Unit
$99.733
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Goldman Sachs
7. Other Members of the Underwriting Syndicate
Donaldson, Lufkin & Jenrette
Prudential Securities Incorporated
Chase Securities Inc.
Bear, Stearns & Co. Inc.
NationsBanc Montgomery
Securities LLC
Salomon Smith Barney
Credit Lyonnais Securities
First Union Capital Markets
TD Securities
CIBC Oppenheimer
Nesbitt Burns Securities Inc.
For the fiscal period ended (a) 6/30/99
File number (c) 811-2896
SUB-ITEM 77 0
EXHIBITS
Transactions Effected Pursuant to Rule 10f-3
1. Name of Issuer
Charter Communications Holdings, LLC
2. Date of Purchase
3/12/99
3. Number of Securities Purchased
225,000
4. Dollar Amount of Purchase
$22,431,375
5. Price Per Unit
$99.695
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Goldman Sachs
7. Other Members of the Underwriting Syndicate
Donaldson, Lufkin & Jenrette
Prudential Securities Incorporated
Chase Securities Inc.
Bear, Stearns & Co. Inc.
NationsBanc Montgomery
Securities LLC
Salomon Smith Barney
Credit Lyonnais Securities
First Union Capital Markets
TD Securities
CIBC Oppenheimer
Nesbitt Burns Securities Inc.
For the fiscal period ended (a) 6/30/99
File number (c) 811-2896
SUB-ITEM 77 0
EXHIBITS
Transactions Effected Pursuant to Rule 10f-3
1. Name of Issuer
Charter Communications Holdings, LLC
2. Date of Purchase
3/12/99
3. Number of Securities Purchased
395,000
4. Dollar Amount of Purchase
$24,250,630
5. Price Per Unit
$61.394
6. Name(s) of Underwriter(s) or Dealer(s)
From whom Purchased
Goldman Sachs
7. Other Members of the Underwriting Syndicate
Donaldson, Lufkin & Jenrette
Prudential Securities Incorporated
Chase Securities Inc.
Bear, Stearns & Co. Inc.
NationsBanc Montgomery
Securities LLC
Salomon Smith Barney
Credit Lyonnais Securities
First Union Capital Markets
TD Securities
CIBC Oppenheimer
Nesbitt Burns Securities Inc.
