<PAGE> PAGE 1
000 B000000 04/30/94
000 C000000 035692
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 INVESCO DYNAMICS FUND, INC.
001 B000000 811-1474
001 C000000 3039306300
002 A000000 7800 E. UNION AVENUE, SUITE 800
002 B000000 DENVER
002 C000000 CO
002 D010000 80237
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02105
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 34
019 C000000 INVESCOFUN
020 A000001 DONALDSON & CO
020 B000001 58-1574040
020 C000001 332
020 A000002 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000002 13-5674085
020 C000002 269
020 A000003 SALOMON BROTHERS
020 B000003 13-3082694
020 C000003 194
020 A000004 PETRIE PARKMAN
020 B000004 84-1108632
020 C000004 102
020 A000005 MABON SECURITIES
020 B000005 13-5220060
020 C000005 101
020 A000006 MORGAN STANLEY
020 B000006 13-2655998
020 C000006 101
020 A000007 PAINEWEBBER INC
<PAGE> PAGE 2
020 B000007 13-2638166
020 C000007 96
020 A000008 BEAR STEARNS
020 B000008 13-3604093
020 C000008 77
020 A000009 GERARD KLAUER MATTISON
020 B000009 13-3274080
020 C000009 72
020 A000010 MONTGOMERY SECURITIES
020 B000010 94-1701676
020 C000010 70
021 000000 2620
022 A000001 FORD MOTOR CREDIT
022 B000001 38-1612444
022 C000001 307753
022 D000001 8323
022 A000002 ITT FINANCIAL
022 B000002 43-0815676
022 C000002 284549
022 D000002 24641
022 A000003 ASSOCIATES CORP OF NORTH AMERICA
022 B000003 74-1494554
022 C000003 299909
022 D000003 0
022 A000004 CHEVRON OIL FINANCE
022 B000004 25-1215010
022 C000004 270160
022 D000004 10947
022 A000005 AMERICAN EXPRESS CREDIT
022 B000005 11-1988350
022 C000005 226749
022 D000005 0
022 A000006 CIGNA CORP
022 B000006 06-0841987
022 C000006 186270
022 D000006 0
022 A000007 PRUDENTIAL FUNDING
022 B000007 22-2231168
022 C000007 133373
022 D000007 0
022 A000008 GENERAL ELECTRIC CAPITAL
022 B000008 13-1500700
022 C000008 108649
022 D000008 0
022 A000009 GENERAL ELECTRIC
022 B000009 14-0689340
022 C000009 94447
022 D000009 6165
022 A000010 AMERICAN GENERAL FINANCE
022 B000010 76-0050868
022 C000010 84731
<PAGE> PAGE 3
022 D000010 13485
023 C000000 2496110
023 D000000 288034
024 000000 Y
025 A000001 ASSOCIATES CORP OF NORTH AMERICA
025 B000001 74-1494554
025 C000001 D
025 D000001 1800
025 A000002 FORD MOTOR CREDIT
025 B000002 38-1612444
025 C000002 D
025 D000002 8779
025 A000003 GENERAL ELECTRIC
025 B000003 14-0689340
025 C000003 D
025 D000003 9981
025 A000004 PRUDENTIAL FUNDING
025 B000004 22-2231168
025 C000004 D
025 D000004 9980
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 57973
028 A020000 0
028 A030000 0
028 A040000 42816
028 B010000 59291
028 B020000 11758
028 B030000 0
028 B040000 62498
028 C010000 48238
028 C020000 0
028 C030000 0
028 C040000 44555
028 D010000 62714
028 D020000 0
028 D030000 0
028 D040000 49535
028 E010000 46925
<PAGE> PAGE 4
028 E020000 0
028 E030000 0
028 E040000 97391
028 F010000 62340
028 F020000 49682
028 F030000 0
028 F040000 46449
028 G010000 337481
028 G020000 61440
028 G030000 0
028 G040000 343244
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 8
042 B000000 34
042 C000000 0
042 D000000 12
042 E000000 0
042 F000000 0
042 G000000 46
042 H000000 0
043 000000 721
044 000000 182
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 350000
048 A020000 0.600
048 B010000 350000
048 B020000 0.550
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
<PAGE> PAGE 5
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 700000
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 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 Y
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 N
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 0.0
<PAGE> PAGE 6
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 0.0
062 Q000000 0.0
062 R000000 0.0
066 A000000 Y
066 B000000 Y
066 C000000 N
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
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 N
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
<PAGE> PAGE 7
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 453544
071 B000000 416183
071 C000000 246258
071 D000000 169
072 A000000 12
072 B000000 1392
072 C000000 935
072 D000000 0
072 E000000 0
072 F000000 1749
072 G000000 54
072 H000000 0
072 I000000 486
072 J000000 33
072 K000000 56
072 L000000 75
072 M000000 22
072 N000000 89
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 25
072 S000000 10
072 T000000 729
072 U000000 0
072 V000000 62
072 W000000 15
072 X000000 3405
072 Y000000 0
072 Z000000 -1078
072AA000000 64705
072BB000000 0
072CC010000 0
072CC020000 22705
072DD010000 0
072DD020000 0
072EE000000 63542
073 A010000 0.0000
073 A020000 0.0000
073 B000000 2.7059
073 C000000 0.0000
074 A000000 172
074 B000000 0
074 C000000 39319
074 D000000 0
074 E000000 0
<PAGE> PAGE 8
074 F000000 246374
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 10327
074 K000000 0
074 L000000 1149
074 M000000 36
074 N000000 297377
074 O000000 7922
074 P000000 57
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 2105
074 S000000 0
074 T000000 287293
074 U010000 28310
074 U020000 0
074 V010000 10.15
074 V020000 0.00
074 W000000 0.0000
074 X000000 32760
074 Y000000 0
075 A000000 0
075 B000000 291337
076 000000 0.00
077 A000000 Y
077 B000000 Y
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 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 FEDERAL INSURANCE COMPANY
080 C000000 22000
081 A000000 Y
<PAGE> PAGE 9
081 B000000 34
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE JUDY P WIESE
TITLE VICE PRESIDENT
