UNITED HIGH INCOME FUND INC
NSAR-A, 1995-11-29
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<PAGE>      PAGE  1
000 A000000 09/30/95
000 C000000 310254
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000 E000000 NF
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000 J000000 A
001 A000000 UNITED HIGH INCOME FUND, INC.
001 B000000 811-2907
001 C000000 9132362000
002 A000000 6300 LAMAR AVENUE, P O BOX 29217
002 B000000 SHAWNEE MISSION
002 C000000 KS
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008 A000001 WADDELL & REED INVESTMENT MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-40372
008 D010001 OVERLAND PARK
008 D020001 KS
008 D030001 66202
008 D040001 4200
010 A000001 WADDELL & REED SERVICES COMPANY
010 B000001 84-1062
010 C010001 OVERLAND PARK
010 C020001 KS
010 C030001 66202
010 C040001 4200
011 A000001 WADDELL & REED, INC.
011 B000001 8-15372
011 C010001 OVERLAND PARK
011 C020001 KS
011 C030001 66202
<PAGE>      PAGE  2
011 C040001 4200
012 A000001 WADDELL & REED SERVICES COMPANY
012 B000001 84-1062
012 C010001 OVERLAND PARK
012 C020001 KS
012 C030001 66202
012 C040001 4200
013 A000001 PRICE WATERHOUSE LLP
013 B010001 KANSAS CITY
013 B020001 MO
013 B030001 64105
013 B040001 9860
015 A000001 UMB BANK, N.A.
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020 A000001 BRIDGE INFORMATION SYSTEMS, INC.
020 C000001      7
020 A000002 GOLDMAN, SACHS & CO.
020 B000002 13-5108880
020 C000002      6
020 A000003 MORGAN (J.P.) SECURITIES INC.
020 B000003 13-3224016
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020 A000004 ROBINSON-HUMPHREY COMPANY, INC. (THE)
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020 A000005 INSTINET CORPORATION
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020 A000006 PAINEWEBBER INCORPORATED
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020 A000007 SUTRO & CO. INCORPORATED
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<PAGE>      PAGE  3
020 A000008 KEMPER SECURITIES GROUP, INC.
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022 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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022 C000002    101397
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022 A000005 SARA LEE CORP.
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022 A000006 MORGAN (J.P.) SECURITIES INC.
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022 A000007 LEHMAN BROTHERS INC.
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022 A000008 SMITH BARNEY SHEARSON, INC.
022 B000008 75-2502064
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022 D000008     20573
022 A000009 U.S. BANCORP
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022 D000009     15879
022 A000010 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
022 B000010 13-2741729
022 C000010     15264
022 D000010     11396
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SIGNATURE   THEODORE W. HOWARD                           
TITLE       V.P. & TREASURER    
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SEMIANNUAL REPORT
TO SHAREHOLDERS DATED SEPTEMBER 30, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000310254
<NAME> UNITED HIGH INCOME FUND, INC.
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               SEP-30-1995
<INVESTMENTS-AT-COST>                      963,059,866
<INVESTMENTS-AT-VALUE>                     939,990,995
<RECEIVABLES>                               42,712,111
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<OTHER-ITEMS-ASSETS>                           135,685
<TOTAL-ASSETS>                             982,905,942
<PAYABLE-FOR-SECURITIES>                    10,250,000
<SENIOR-LONG-TERM-DEBT>                              0
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<SENIOR-EQUITY>                            107,418,549
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<SHARES-COMMON-STOCK>                      107,418,549
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    3,477,477
<OVERDISTRIBUTION-NII>                               0
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (3,999,086)
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<NET-CHANGE-FROM-OPS>                       75,782,246
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (41,263,060)
<DISTRIBUTIONS-OF-GAINS>                             0
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</TABLE>


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