MERRILL LYNCH RETIREMENT RESERVES MO FU OF MER LYN RE SER TR
NSAR-A, 1999-06-28
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<PAGE>      PAGE  1
000 A000000 04/30/99
000 C000000 0000356013
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 MERRILL LYNCH RETIREMENT SERIES TRUST
001 B000000 811-3310
001 C000000 6092822800
002 A000000 P.O. BOX 9011
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9011
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 MERRILL LYNCH RETIREMENT RESERVES MONEY FUND
007 C030100 N
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
020 C000001      0
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        0
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001   5485105
022 D000001    809107
022 A000002 LEHMAN BROTHERS INC.
<PAGE>      PAGE  2
022 B000002 13-2518466
022 C000002   4892216
022 D000002    702008
022 A000003 LEHMAN BROTHERS COMMERCIAL PAPER
022 C000003   4427794
022 D000003    614961
022 A000004 HSBC SECURITIES, INC.
022 B000004 13-2650272
022 C000004   2784450
022 D000004    835247
022 A000005 LANSTON (AUBREY G.) & CO. INC.
022 B000005 13-5552129
022 C000005   3314453
022 D000005    100509
022 A000006 CREDIT SUISSE FIRST BOSTON CORPORATION
022 B000006 13-5659485
022 C000006   2975936
022 D000006    425937
022 A000007 MORGAN STANLEY & CO. INCORPORATED
022 B000007 13-2655998
022 C000007   1347255
022 D000007    704568
022 A000008 MERRILL LYNCH MONEY MARKET SECURITIES, INC.
022 C000008   1838338
022 D000008    140194
022 A000009 CHASE SECURITIES INC.
022 B000009 13-3112953
022 C000009   1768864
022 D000009     87058
022 A000010 SALOMON SMITH BARNEY INC.
022 B000010 11-2418191
022 C000010   1488599
022 D000010    213866
023 C000000   41518325
023 D000000    6385072
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
077 A000000 Y
077 P000000 Y
078  000000 N
008 A000101 MERRILL LYNCH ASSET MANAGEMENT, L.P.
008 B000101 A
008 C000101 801-11583
<PAGE>      PAGE  3
008 D010101 PRINCETON
008 D020101 NJ
008 D030101 08543
008 D040101 9011
011 A000101 MERRILL LYNCH FUNDS DISTRIBUTOR, INC.
011 B000101 8-14663
011 C010101 PRINCETON
011 C020101 NJ
011 C030101 08543
011 C040101 9011
012 A000101 FINANCIAL DATA SERVICES, INC.
012 B000101 84-01339
012 C010101 JACKSONVILLE
012 C020101 FL
012 C030101 32246
012 C040101 6484
013 A000101 DELOITTE & TOUCHE LLP
013 B010101 PRINCETON
013 B020101 NJ
013 B030101 08540
014 A000101 MLPF&S AND OTHER ML BROKER/DEALER AFFILIATES
014 B000101 8-7221
015 A000101 THE BANK OF NEW YORK
015 B000101 C
015 C010101 NEW YORK
015 C020101 NY
015 C030101 10286
015 E010101 X
015 A000102 BANKERS TRUST COMPANY
015 B000102 S
015 C010102 NEW YORK
015 C020102 NY
015 C030102 10006
015 E010102 X
015 A000103 THE CHASE MANHATTAN BANK
015 B000103 S
015 C010103 NEW YORK
015 C020103 NY
015 C030103 10017
015 E010103 X
015 A000104 CUSTODIAL TRUST CO.
015 B000104 S
015 C010104 NEW YORK
015 C020104 NY
015 C030104 10167
015 E010104 X
015 A000105 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000105 S
015 C010105 NEW YORK
015 C020105 NY
015 C030105 10260
<PAGE>      PAGE  4
015 E010105 X
018  000100 Y
019 A000100 Y
019 B000100  217
019 C000100 MERRILLLYN
024  000100 Y
025 A000101 GOLDMAN SACHS GROUP, L.P.
025 C000101 D
025 D000101  176995
025 A000102 SALOMON, SMITH BARNEY HOLDINGS, INC.
025 C000102 D
025 D000102  149494
025 A000103 MORGAN STANLEY, DEAN WITTER & CO.
025 C000103 D
025 D000103  124678
025 A000104 LEHMAN BROTHERS HOLDINGS INC.
025 C000104 D
025 D000104   39796
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
028 A010100   3279419
028 A020100     52468
028 A030100         0
028 A040100   3329175
028 B010100   4250441
028 B020100     61868
028 B030100         0
028 B040100   4076742
028 C010100   4227270
028 C020100     54299
028 C030100         0
028 C040100   4182499
028 D010100   4110245
028 D020100     51579
028 D030100         0
028 D040100   4129188
028 E010100   4931397
028 E020100     59828
028 E030100         0
028 E040100   4734265
028 F010100   5536804
028 F020100     57401
028 F030100         0
028 F040100   5276524
028 G010100  26335576
028 G020100    337443
028 G030100         0
028 G040100  25728393
028 H000100         0
<PAGE>      PAGE  5
029  000100 N
030 A000100      0
030 B000100  0.00
030 C000100  0.00
034  000100 N
035  000100      0
036 B000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 Y
041  000100 Y
042 A000100   0
042 B000100   0
042 C000100 100
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100    535
044  000100      0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
048 A010100  1000000
048 A020100 0.500
048 B010100  1000000
048 B020100 0.450
048 C010100  1000000
048 C020100 0.400
048 D010100  1000000
048 D020100 0.375
048 E010100  3000000
048 E020100 0.350
048 F010100  3000000
048 F020100 0.325
048 G010100  5000000
048 G020100 0.300
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100 15000000
048 K020100 0.290
049  000100 N
050  000100 N
051  000100 N
<PAGE>      PAGE  6
052  000100 N
053 A000100 N
054 A000100 Y
054 B000100 Y
054 C000100 N
054 D000100 N
054 E000100 N
054 F000100 N
054 G000100 N
054 H000100 Y
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100        1
062 A000100 Y
062 B000100   0.8
062 C000100  14.4
062 D000100   0.0
062 E000100   0.0
062 F000100   0.8
062 G000100  12.9
062 H000100   0.0
062 I000100  50.2
062 J000100   0.1
062 K000100   0.0
062 L000100  23.9
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100  78
063 B000100  0.0
064 A000100 N
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
<PAGE>      PAGE  7
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100  6
072 B000100   373818
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100    25191
072 G000100      333
072 H000100        0
072 I000100     8219
072 J000100      277
072 K000100        0
<PAGE>      PAGE  8
072 L000100      334
072 M000100       36
072 N000100     1221
072 O000100        0
072 P000100       73
072 Q000100        0
072 R000100       17
072 S000100       63
072 T000100      535
072 U000100        0
072 V000100        0
072 W000100       69
072 X000100    36368
072 Y000100        0
072 Z000100   337450
072AA000100      691
072BB000100      721
072CC010100        0
072CC020100     7477
072DD010100   325489
072DD020100    11932
072EE000100        0
073 A010100   0.0236
073 A020100   0.0226
073 B000100   0.0000
073 C000100   0.0000
074 A000100     1220
074 B000100        0
074 C000100 15380388
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100    62190
074 M000100      588
074 N000100 15444386
074 O000100   286001
074 P000100     4433
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100   242697
074 S000100        0
074 T000100 14911255
074 U010100 13938259
074 U020100   976084
<PAGE>      PAGE  9
074 V010100     1.00
074 V020100     1.00
074 W000100   0.0000
074 X000100  2387157
074 Y000100        0
075 A000100 14340476
075 B000100        0
076  000100     0.00
SIGNATURE   DONALD C. BURKE
TITLE       TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000356013
<NAME> MERRILL LYNCH RETIREMENT SERIES TRUST
<SERIES>
   <NUMBER> 011
   <NAME> MERRILL LYNCH RETIREMENT RESERVES MONEY FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-START>                             NOV-01-1998
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                      15383476590
<INVESTMENTS-AT-VALUE>                     15380388114
<RECEIVABLES>                                 62189990
<ASSETS-OTHER>                                 1808185
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             15444386289
<PAYABLE-FOR-SECURITIES>                     286000951
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    247130018
<TOTAL-LIABILITIES>                          533130969
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   14914343796
<SHARES-COMMON-STOCK>                      13938259299
<SHARES-COMMON-PRIOR>                      13913317927
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (3088476)
<NET-ASSETS>                               13935359113
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            373818056
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (36367995)
<NET-INVESTMENT-INCOME>                      337450061
<REALIZED-GAINS-CURRENT>                       (29872)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (325488506)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    22808610792
<NUMBER-OF-SHARES-REDEEMED>              (23109183444)
<SHARES-REINVESTED>                          325514024
<NET-CHANGE-IN-ASSETS>                       937149057
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         25191334
<INTEREST-EXPENSE>                               72429
<GROSS-EXPENSE>                               36367995
<AVERAGE-NET-ASSETS>                       13804161198
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .50
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000356013
<NAME> MERRILL LYNCH RETIREMENT SERIES TRUST
<SERIES>
   <NUMBER> 012
   <NAME> MERRILL LYNCH RETIREMENT RESERVES MONEY FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-START>                             NOV-01-1998
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                      15383476590
<INVESTMENTS-AT-VALUE>                     15380388114
<RECEIVABLES>                                 62189990
<ASSETS-OTHER>                                 1808185
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             15444386289
<PAYABLE-FOR-SECURITIES>                     286000951
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    247130018
<TOTAL-LIABILITIES>                          533130969
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   14914343796
<SHARES-COMMON-STOCK>                        976084496
<SHARES-COMMON-PRIOR>                         56399845
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (3088476)
<NET-ASSETS>                                 975896207
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            373818056
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              (36367995)
<NET-INVESTMENT-INCOME>                      337450061
<REALIZED-GAINS-CURRENT>                       (29872)
<APPREC-INCREASE-CURRENT>                    (7476968)
<NET-CHANGE-FROM-OPS>                        329943221
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   (11931683)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     3526965029
<NUMBER-OF-SHARES-REDEEMED>               (2619209385)
<SHARES-REINVESTED>                           11929008
<NET-CHANGE-IN-ASSETS>                       937149057
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                         25191334
<INTEREST-EXPENSE>                               72429
<GROSS-EXPENSE>                               36367995
<AVERAGE-NET-ASSETS>                         536314722
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .70
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0



</TABLE>


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