<PAGE> PAGE 1
000 A000000 05/31/97
000 C000000 0000039451
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.
000 J000000 A
001 A000000 VKAC GROWTH AND INCOME FUND
001 B000000 811-01228
001 C000000 6306846000
002 A000000 One Parkview Plaza
002 B000000 Oakbrook Terrace
002 C000000 IL
002 D010000 60181
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 VAN KAMPEN AMERICAN CAPITAL ASSET MANAGEMENT
008 B000001 A
008 C000001 801-8226
008 D010001 Oakbrook Terrace
008 D020001 IL
008 D030001 60181
011 A000001 VAN KAMPEN AMERICAN CAPITAL DISTRIBUTORS, INC
011 B000001 8-19412
011 C010001 Oakbrook Terrace
011 C020001 IL
011 C030001 60181
012 A000001 ACCESS INVESTOR SERVICES, INC.
012 B000001 84-01621
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64141
012 C040001 9256
013 A000001 PRICE WATERHOUSE LLP
013 B010001 HOUSTON
<PAGE> PAGE 2
013 B020001 TX
013 B030001 77002
015 A000001 STATE STREET BANK & TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 123
019 C000000 VANKAMPENA
020 A000001 SALOMON BROTHERS
020 B000001 13-3082694
020 C000001 144
020 A000002 FIRST BOSTON
020 B000002 13-5659485
020 C000002 75
020 A000003 PAINE WEBBER
020 B000003 13-2638166
020 C000003 68
020 A000004 LEHMAN BROTHERS
020 B000004 13-2518466
020 C000004 60
020 A000005 GOLDMAN SACHS
020 B000005 13-5108880
020 C000005 55
020 A000006 DONALDSON LUFKIN JENNRETTE
020 B000006 13-2741729
020 C000006 53
020 A000007 MONTGOMERY SECURITIES
020 B000007 94-1701676
020 C000007 49
020 A000008 NATWEST SECURITIES
020 B000008 14-9980001
020 C000008 48
020 A000009 SMITH BARNEY
020 B000009 13-1912900
020 C000009 46
020 A000010 ALEX, BROWN & SONS
020 B000010 52-1319768
020 C000010 39
021 000000 966
022 A000001 GENERAL ELECTRIC CAP CORP
022 B000001 06-1076552
022 C000001 2434537
022 A000002 LEHMAN BROTHERS
022 B000002 13-2518466
022 C000002 270635
022 A000003 BA SECURITIES
022 B000003 95-4035346
<PAGE> PAGE 3
022 C000003 253804
022 A000004 SBC WARBURG
022 B000004 13-3498485
022 C000004 188275
022 A000005 DONALDSON LUFKIN JENNRETTE
022 B000005 13-2741729
022 C000005 151922
022 A000006 PRUDENTIAL SECURITIES
022 B000006 22-2347336
022 C000006 117421
022 A000007 STATE STREET BANK & TRUST
022 B000007 04-1867445
022 C000007 65550
022 A000008 GOLDMAN SACHS
022 B000008 13-5108880
022 C000008 22133
022 D000008 15797
022 A000009 FIRST CHICAGO CAPITAL MKTS
022 B000009 36-3595942
022 C000009 29000
022 A000010 C.J. LAWRENCE (DEUTSCHE MORGAN
022 B000010 13-2730828
022 C000010 11509
022 D000010 8904
023 C000000 3597960
023 D000000 60514
024 000000 Y
025 A000001 MERRILL LYNCH
025 B000001 13-5674085
025 C000001 D
025 D000001 1413
025 A000002 GENERAL ELECTRIC CAP. CORP.
025 B000002 06-1076552
025 C000002 D
025 D000002 26987
025 A000003 DLJ MORTGAGE ACCEPTANCE CORP.
025 B000003 13-2741729
025 C000003 D
025 D000003 29705
025 A000004 BANKAMERICA CORP
025 B000004 95-4035346
025 C000004 E
025 D000004 18700
025 A000005 FIRST UNION SECURITIES
025 B000005 56-1529080
025 C000005 E
025 D000005 6870
025 A000006 CHASE MANHATTAN CORP
025 B000006 13-2633612
025 C000006 E
025 D000006 5576
<PAGE> PAGE 4
025 A000007 PNC BANK CORP
025 B000007 25-1471636
025 C000007 E
025 D000007 12269
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 30590
028 A020000 1801
028 A030000 0
028 A040000 16473
028 B010000 30371
028 B020000 0
028 B030000 0
028 B040000 20183
028 C010000 27050
028 C020000 0
028 C030000 0
028 C040000 13486
028 D010000 36077
028 D020000 1985
028 D030000 0
028 D040000 22879
028 E010000 43579
028 E020000 0
028 E030000 0
028 E040000 31041
028 F010000 29296
028 F020000 0
028 F030000 0
028 F040000 14433
028 G010000 196963
028 G020000 3786
028 G030000 0
028 G040000 118495
028 H000000 50282
029 000000 Y
030 A000000 1732
030 B000000 5.75
030 C000000 0.00
031 A000000 243
031 B000000 0
032 000000 1489
<PAGE> PAGE 5
033 000000 0
034 000000 Y
035 000000 254
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 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 1963
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.000
048 A010000 150000
048 A020000 0.500
048 B010000 100000
048 B020000 0.450
048 C010000 100000
048 C020000 0.400
048 D010000 0
048 D020000 0.000
048 E010000 0
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 3500000
048 K020000 0.350
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
<PAGE> PAGE 6
053 B000000 N
053 C000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 500
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
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
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
<PAGE> PAGE 7
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 Y
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 Y
070 I010000 Y
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
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 448145
071 B000000 390729
071 C000000 799930
071 D000000 49
072 A000000 6
072 B000000 2775
072 C000000 8180
072 D000000 0
072 E000000 0
<PAGE> PAGE 8
072 F000000 1701
072 G000000 0
072 H000000 0
072 I000000 955
072 J000000 24
072 K000000 0
072 L000000 57
072 M000000 10
072 N000000 95
072 O000000 0
072 P000000 0
072 Q000000 60
072 R000000 23
072 S000000 26
072 T000000 1963
072 U000000 0
072 V000000 0
072 W000000 67
072 X000000 4981
072 Y000000 2
072 Z000000 5976
072AA000000 45846
072BB000000 0
072CC010000 40024
072CC020000 0
072DD010000 4207
072DD020000 760
072EE000000 38290
073 A010000 .115
073 A020000 .055
073 B000000 1.098
073 C000000 0.0000
074 A000000 17
074 B000000 0
074 C000000 64863
074 D000000 35688
074 E000000 14615
074 F000000 828433
074 G000000 0
074 H000000 0
074 I000000 29705
074 J000000 16647
074 K000000 0
074 L000000 4031
074 M000000 2
074 N000000 994001
074 O000000 9742
074 P000000 839
074 Q000000 0
074 R010000 0
074 R020000 0
<PAGE> PAGE 9
074 R030000 0
074 R040000 1620
074 S000000 0
074 T000000 981800
074 U010000 39353
074 U020000 16040
074 V010000 17.19
074 V020000 17.12
074 W000000 0.0000
074 X000000 82256
074 Y000000 32657
075 A000000 0
075 B000000 871276
076 000000 0.00
077 A000000 Y
077 B000000 N
077 C000000 Y
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 Y
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 B000000 N/A
080 C000000 65000
081 A000000 Y
081 B000000 116
082 A000000 Y
082 B000000 100
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
<PAGE> PAGE 10
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 DENNIS J MCDONNELL
TITLE PRES, CEO & TRUSTEE
NSAR ITEM 77C
Van Kampen American Capital Growth and Income Fund
(a) A Special Meeting of Shareholders was held on May 28, 1997.
(b) The election of Trustees of Van Kampen American Capital
Growth and Income Fund (the "Fund") included:
J. Miles Branagan, Richard M. DeMartini, Linda Hutton Heagy,
R. Craig Kennedy, Jack E. Nelson, Jerome L. Robinson, Phillip
B. Rooney, Fernando Sisto and Wayne W. Whalen
(c) The following were voted on at the meeting:
1) Approval of New Investment Advisory Agreement in the event
of a change of control of the Adviser.
For 32,050,752 Against 640,004
4) For each AC Fund, to Ratify the Selection of Price
Waterhouse LLP as Independent Public Accountants for its
Current Fiscal Year.
For 32,511,517 Against 291,591
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> Growth and Income Fund Class A
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997<F1>
<PERIOD-START> DEC-01-1997<F1>
<PERIOD-END> MAY-31-1997<F1>
<INVESTMENTS-AT-COST> 797468137<F1>
<INVESTMENTS-AT-VALUE> 973303441<F1>
<RECEIVABLES> 20678747<F1>
<ASSETS-OTHER> 2310<F1>
<OTHER-ITEMS-ASSETS> 16655<F1>
<TOTAL-ASSETS> 994001153<F1>
<PAYABLE-FOR-SECURITIES> 9742174<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 2459245<F1>
<TOTAL-LIABILITIES> 12201419<F1>
<SENIOR-EQUITY> 0<F1>
<PAID-IN-CAPITAL-COMMON> 502913635
<SHARES-COMMON-STOCK> 39352845
<SHARES-COMMON-PRIOR> 34824767
<ACCUMULATED-NII-CURRENT> 3485898<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 40085186<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 178432814<F1>
<NET-ASSETS> 676652789
<DIVIDEND-INCOME> 8180354<F1>
<INTEREST-INCOME> 2774985<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (4979567)<F1>
<NET-INVESTMENT-INCOME> 5975772<F1>
<REALIZED-GAINS-CURRENT> 45845926<F1>
<APPREC-INCREASE-CURRENT> 40024335<F1>
<NET-CHANGE-FROM-OPS> 91846033<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (4207471)
<DISTRIBUTIONS-OF-GAINS> (38290265)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7924872
<NUMBER-OF-SHARES-REDEEMED> (5988920)
<SHARES-REINVESTED> 2592126
<NET-CHANGE-IN-ASSETS> 92093234
<ACCUMULATED-NII-PRIOR> 2561634<F1>
<ACCUMULATED-GAINS-PRIOR> 47995589<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 1700588<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 4981567<F1>
<AVERAGE-NET-ASSETS> 610473141
<PER-SHARE-NAV-BEGIN> 16.786
<PER-SHARE-NII> 0.125
<PER-SHARE-GAIN-APPREC> 1.496
<PER-SHARE-DIVIDEND> (0.115)
<PER-SHARE-DISTRIBUTIONS> (1.098)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.194
<EXPENSE-RATIO> 0.91
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>
This item relates to the Fund on a composite basis and not on a class basis.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 12
<NAME> Growth and Income Fund Class B
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997<F1>
<PERIOD-START> DEC-01-1997<F1>
<PERIOD-END> MAY-31-1997<F1>
<INVESTMENTS-AT-COST> 797468137<F1>
<INVESTMENTS-AT-VALUE> 973303441<F1>
<RECEIVABLES> 20678747<F1>
<ASSETS-OTHER> 2310<F1>
<OTHER-ITEMS-ASSETS> 16655<F1>
<TOTAL-ASSETS> 994001153<F1>
<PAYABLE-FOR-SECURITIES> 9742174<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 2459245<F1>
<TOTAL-LIABILITIES> 12201419<F1>
<SENIOR-EQUITY> 0<F1>
<PAID-IN-CAPITAL-COMMON> 231172909
<SHARES-COMMON-STOCK> 16039913
<SHARES-COMMON-PRIOR> 12577125
<ACCUMULATED-NII-CURRENT> 3485898<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 40085186<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 178432814<F1>
<NET-ASSETS> 274666704
<DIVIDEND-INCOME> 8180354<F1>
<INTEREST-INCOME> 2774985<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (4979567)<F1>
<NET-INVESTMENT-INCOME> 5975772<F1>
<REALIZED-GAINS-CURRENT> 45845926<F1>
<APPREC-INCREASE-CURRENT> 40024335<F1>
<NET-CHANGE-FROM-OPS> 91846033<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (760072)
<DISTRIBUTIONS-OF-GAINS> (13977243)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3858062
<NUMBER-OF-SHARES-REDEEMED> (1275662)
<SHARES-REINVESTED> 880388
<NET-CHANGE-IN-ASSETS> 64368616
<ACCUMULATED-NII-PRIOR> 2561634<F1>
<ACCUMULATED-GAINS-PRIOR> 47995589<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 1700588<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 4981567<F1>
<AVERAGE-NET-ASSETS> 234629087
<PER-SHARE-NAV-BEGIN> 16.721
<PER-SHARE-NII> 0.066
<PER-SHARE-GAIN-APPREC> 1.490
<PER-SHARE-DIVIDEND> (0.055)
<PER-SHARE-DISTRIBUTIONS> (1.098)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.124
<EXPENSE-RATIO> 1.69
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>
This item relates to the Fund on a composite basis and not on a class basis.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 13
<NAME> Growth and Income Fund Class C
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997<F1>
<PERIOD-START> DEC-01-1997<F1>
<PERIOD-END> MAY-31-1997<F1>
<INVESTMENTS-AT-COST> 797468137<F1>
<INVESTMENTS-AT-VALUE> 973303441<F1>
<RECEIVABLES> 20678747<F1>
<ASSETS-OTHER> 2310<F1>
<OTHER-ITEMS-ASSETS> 16655<F1>
<TOTAL-ASSETS> 994001153<F1>
<PAYABLE-FOR-SECURITIES> 9742174<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 2459245<F1>
<TOTAL-LIABILITIES> 12201419<F1>
<SENIOR-EQUITY> 0<F1>
<PAID-IN-CAPITAL-COMMON> 25709292
<SHARES-COMMON-STOCK> 1778574
<SHARES-COMMON-PRIOR> 1318799
<ACCUMULATED-NII-CURRENT> 3485898<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 40085186<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 178432814<F1>
<NET-ASSETS> 30480241
<DIVIDEND-INCOME> 8180354<F1>
<INTEREST-INCOME> 2774985<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (4979567)<F1>
<NET-INVESTMENT-INCOME> 5975772<F1>
<REALIZED-GAINS-CURRENT> 45845926<F1>
<APPREC-INCREASE-CURRENT> 40024335<F1>
<NET-CHANGE-FROM-OPS> 91846033<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (83965)
<DISTRIBUTIONS-OF-GAINS> (1488821)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 579851
<NUMBER-OF-SHARES-REDEEMED> (197590)
<SHARES-REINVESTED> 77514
<NET-CHANGE-IN-ASSETS> 8410436
<ACCUMULATED-NII-PRIOR> 2561634<F1>
<ACCUMULATED-GAINS-PRIOR> 47995589<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 1700588<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 4981567<F1>
<AVERAGE-NET-ASSETS> 26173752
<PER-SHARE-NAV-BEGIN> 16.734
<PER-SHARE-NII> 0.066
<PER-SHARE-GAIN-APPREC> 1.490
<PER-SHARE-DIVIDEND> (0.055)
<PER-SHARE-DISTRIBUTIONS> (1.098)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.137
<EXPENSE-RATIO> 1.69
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>
This item relates to the Fund on a composite basis and not on a class basis.
</FN>
</TABLE>
