FORM N-SAR
ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for fiscal year ending: 12/31/99
Is this a transition report? N
Is this an amendment to a previous filing? N
1. A. Registrant Name: Midwest Investors Program
B. File Number: 811-1066
C. Telephone Number: 713-260-9000
2. A. Street: 5847 San Felipe, Suite 4100
B. City: Houston
C. State: Texas
D. Zip: 77057
3. Is this the first filing on this form by registrant? N
4. Is this the last filing on this form by registrant? N
5. Is Registrant a small business investment company (SBIC)? Y
6. Is Registrant a unit investment trust (UIT)? Y
7. A. Is Registrant a series or multiple portfolio company? N
B. How many separate series or portfolios did Registrant have at the end of
the period? N/A
List opposite the appropriate description below the number of series of whose
portfolios are invested primarily (based upon a percentage of NAV) in each type
of security shown, the aggregate total assets at market value as of a date at
of near the end of the current period of each such group of series and the
total income distributions made by each such group of series during the current
period (excluding distributions of realized gains, if any):
Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted) ($000's omitted)
I. Investment company equity securities 1 3,330 233
131. Total expenses incurred by all series of Registrant during the current
reporting period (000's omitted) $ .07
