<PAGE> PAGE 1
000 B000000 09/30/94
000 C000000 0000045997
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 HARTWELL EMERGING GROWTH FUND
001 B000000 811-1633
001 C000000 6173383200
002 A000000 200 BERKELEY STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
020 A000001 MERRILL, LYNCH, PIERCE, FENNER & SMITH
020 B000001 13-5674085
020 C000001 47
020 A000002 BEAR, STEARNS & CO.
020 B000002 13-3299429
020 C000002 29
020 A000003 JANNEY MONTGOMERY SCOTT INC.
020 C000003 28
020 A000004 CANTOR, FITZGERALD & CO. INC.
020 B000004 13-3680184
020 C000004 16
020 A000005 BROWN (ALEX) & SONS, INC.
020 C000005 15
020 A000006 NATIONAL FINANCIAL SERVICES CO.
020 B000006 04-2785576
020 C000006 14
020 A000007 ROBERTSON, STEPHENS & COMPANY
020 C000007 12
020 A000008 COWEN & COMPANY
020 B000008 13-5616116
020 C000008 11
020 A000009 S.G.WARBUURG & COMPANY INC.
020 B000009 13-3340045
020 C000009 10
020 A000010 MORGAN STANLEY & COMPANY INC.
020 B000010 13-2655998
020 C000010 10
021 000000 225
022 A000001 MONTGOMERY SECURITIES
<PAGE> PAGE 2
022 B000001 94-1701676
022 C000001 71032
022 D000001 0
022 A000002 ABD SECURITIES
022 B000002 04-2442748
022 C000002 15015
022 D000002 0
022 C000003 0
022 D000003 0
022 C000004 0
022 D000004 0
022 C000005 0
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 1644162
023 D000000 0
028 A010000 2043
028 A020000 0
028 A030000 0
028 A040000 2744
028 B010000 1350
028 B020000 0
028 B030000 0
028 B040000 3231
028 C010000 2101
028 C020000 0
028 C030000 0
028 C040000 4765
028 D010000 1567
028 D020000 0
028 D030000 0
028 D040000 3834
028 E010000 1768
028 E020000 0
028 E030000 0
028 E040000 2932
028 F010000 1164
028 F020000 0
028 F030000 0
028 F040000 4101
028 G010000 9993
028 G020000 0
<PAGE> PAGE 3
028 G030000 0
028 G040000 21607
028 H000000 0
029 000000 Y
030 A000000 418
030 B000000 5.75
030 C000000 5.75
031 A000000 39
031 B000000 0
032 000000 379
033 000000 0
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 308
044 000000 367
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
070 A010000 Y
070 A020000 Y
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
<PAGE> PAGE 4
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 227260
071 B000000 265268
071 C000000 145834
071 D000000 156
072 A000000 12
072 B000000 217
072 C000000 54
072 D000000 0
072 E000000 0
072 F000000 1453
072 G000000 0
072 H000000 0
072 I000000 686
072 J000000 82
072 K000000 3
072 L000000 29
072 M000000 28
072 N000000 86
072 O000000 0
072 P000000 0
072 Q000000 18
072 R000000 21
072 S000000 4
072 T000000 308
072 U000000 0
072 V000000 0
072 W000000 12
<PAGE> PAGE 5
072 X000000 2730
072 Y000000 0
072 Z000000 -2459
072AA000000 8821
072BB000000 0
072CC010000 17548
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 15832
073 A010000 0.0000
073 A020000 0.0000
073 B000000 2.3500
073 C000000 0.0000
074 A000000 1
074 B000000 4520
074 C000000 0
074 D000000 0
074 E000000 0
074 F000000 124569
074 G000000 0
074 H000000 0
074 I000000 19
074 J000000 108
074 K000000 0
074 L000000 0
074 M000000 62
074 N000000 129279
074 O000000 2559
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 551
074 S000000 0
074 T000000 126169
074 U010000 5896
074 U020000 0
074 V010000 21.40
074 V020000 0.00
074 W000000 0.0000
074 X000000 11558
074 Y000000 0
075 A000000 0
075 B000000 150309
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
<PAGE> PAGE 6
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 Y
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 B000000 FREDERICK JAMES
080 C000000 35000
081 A000000 Y
081 B000000 36
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 N
085 B000000 N
SIGNATURE KEVIN J. MORRISSEY
TITLE TREASURER
