MERGER FUND
NSAR-A, 1995-07-28
Previous: MYERS L E CO GROUP, 10-Q, 1995-07-28
Next: FIDELITY ADVISOR SERIES III, NSAR-A/A, 1995-07-28



<PAGE>      PAGE  1
000 A000000 05/31/95
000 C000000 0000701804
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE MERGER FUND
001 B000000 811-3445
001 C000000 4142873867
002 A000000 615 E. MICHIGAN ST.
002 B000000 MILWAUKEE
002 C000000 WI
002 D010000 53202
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 WESTCHESTER CAPITAL MANAGEMENT, INC.
008 B000001 A
008 C000001 801-15556
008 D010001 VALHALLA
008 D020001 NY
008 D030001 10595
010 A000001 FIRSTAR TRUST COMPANY
010 B000001 8500410
010 C010001 MILWAUKEE
010 C020001 WI
010 C030001 53202
011 A000001 MERCER ALLIED
011 B000001 8-20745
011 C010001 ALBANY
011 C020001 NY
011 C030001 12205
012 A000001 FIRSTAR TRUST COMPANY
012 B000001 85-00410
012 C010001 MILWAUKEE
<PAGE>      PAGE  2
012 C020001 WI
012 C030001 53202
013 A000001 GRANT THORTON LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10004
015 A000001 FIRSTAR TRUST COMPANY
015 B000001 C
015 C010001 MILWAUKEE
015 C020001 WI
015 C030001 53202
015 E010001 X
018  000000 Y
019 A000000 N
019 B000000    0
020 A000001 JEFFERIES & COMPANY
020 B000001 95-2622906
020 C000001    166
020 A000002 INTERSTATE/JOHNSON LANE
020 C000002     95
020 A000003 BEAR STEARNS & CO
020 B000003 13-4946705
020 C000003     82
020 A000004 CATHAY GROUP
020 C000004     55
020 A000005 OPPENHEIMER & CO
020 C000005     34
020 A000006 GOLDMAN SACHS
020 C000006     33
020 A000007 WEISS PECK GREER MUTUAL FUNDS
020 C000007     25
020 A000008 MORGAN STANLEY & CO
020 C000008     19
020 A000009 LEHMAN BROS
020 C000009     13
020 A000010 DEAN WITTER REYNOLDS
020 C000010     10
021  000000      656
022 A000001 FIRSTAR
022 C000001    915386
022 D000001     74947
022 A000002 JEFFERIES AND COMPANY
022 B000002 95-2622906
022 C000002     31113
022 D000002      3338
022 A000003 BEAR STEARNS
022 B000003 13-4946705
022 C000003      8812
022 D000003     15863
022 A000004 HERZOG HEINE GEDULD
022 C000004     12356
<PAGE>      PAGE  3
022 D000004      1968
022 A000005 GOLDMAN SACHS
022 C000005     12218
022 D000005       916
022 A000006 CANTOR FITZGERALD
022 B000006 95-1786286
022 C000006      7164
022 D000006      4993
022 A000007 MERRILL LYNCH
022 C000007      9027
022 D000007       553
022 A000008 ROBINSON HUMPHREY
022 C000008      7312
022 D000008        55
022 A000009 LEWCO SECURITIES CORP
022 C000009      6764
022 D000009       476
022 A000010 WARBURG, S.G.
022 C000010      3492
022 D000010      3568
023 C000000    1055388
023 D000000     121254
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
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 Y
027  000000 Y
028 A010000      8864
028 A020000      8070
028 A030000         0
028 A040000      9542
028 B010000     19533
028 B020000        -2
028 B030000         0
028 B040000      3811
028 C010000     25024
028 C020000         0
<PAGE>      PAGE  4
028 C030000         0
028 C040000      5345
028 D010000     21241
028 D020000         0
028 D030000         0
028 D040000     16520
028 E010000      6953
028 E020000        -1
028 E030000         0
028 E040000     14955
028 F010000      9529
028 F020000         0
028 F030000         0
028 F040000     23095
028 G010000     91143
028 G020000      8067
028 G030000         0
028 G040000     73267
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 Y
040  000000 Y
041  000000 Y
042 A000000   0
042 B000000   0
042 C000000  85
042 D000000  15
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000     39
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  1.000
048 A010000        0
048 A020000 0.000
<PAGE>      PAGE  5
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
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        0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
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 Y
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 N
060 B000000 N
061  000000     2000
062 A000000 N
062 B000000   0.0
<PAGE>      PAGE  6
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 Y
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 Y
070 B010000 Y
070 B020000 Y
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 Y
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
<PAGE>      PAGE  7
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 Y
070 O010000 Y
070 O020000 Y
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 Y
071 A000000    362163
071 B000000    356475
071 C000000    171266
071 D000000  208
072 A000000  6
072 B000000     2740
072 C000000     1344
072 D000000        0
072 E000000        0
072 F000000      985
072 G000000       46
072 H000000        0
072 I000000       81
072 J000000       26
072 K000000        0
072 L000000       30
072 M000000        8
072 N000000       48
072 O000000        0
072 P000000     1043
072 Q000000       20
072 R000000       28
072 S000000       38
072 T000000       39
072 U000000        0
072 V000000        0
072 W000000      447
072 X000000     2839
072 Y000000        0
072 Z000000     1245
072AA000000     3222
072BB000000        0
072CC010000     4621
072CC020000        0
072DD010000        0
072DD020000        0
072EE000000     8614
<PAGE>      PAGE  8
073 A010000   0.0000
073 A020000   0.0000
073 B000000   0.7100
073 C000000   0.0000
074 A000000     2415
074 B000000        0
074 C000000        0
074 D000000     2765
074 E000000     3036
074 F000000   185766
074 G000000        0
074 H000000        8
074 I000000        0
074 J000000     5160
074 K000000        0
074 L000000    66942
074 M000000    68204
074 N000000   334296
074 O000000    17348
074 P000000      172
074 Q000000    51600
074 R010000        0
074 R020000    66193
074 R030000     1800
074 R040000      420
074 S000000        0
074 T000000   196763
074 U010000    14399
074 U020000        0
074 V010000    13.67
074 V020000     0.00
074 W000000   0.0000
074 X000000     4829
074 Y000000        0
075 A000000        0
075 B000000   195230
076  000000     0.00
077 A000000 N
078  000000 N
080 C000000        0
081 B000000   0
082 B000000        0
083 B000000        0
084 B000000        0
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
<PAGE>      PAGE  9
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
SIGNATURE   FREDERICK GREEN                              
TITLE       PRESIDENT           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000701804
<NAME> THE MERGER FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-1995
<PERIOD-START>                             DEC-01-1994
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                          189,209
<INVESTMENTS-AT-VALUE>                         191,576
<RECEIVABLES>                                    5,430
<ASSETS-OTHER>                                 137,291
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 334,297
<PAYABLE-FOR-SECURITIES>                        17,348
<SENIOR-LONG-TERM-DEBT>                         51,600
<OTHER-ITEMS-LIABILITIES>                       68,586
<TOTAL-LIABILITIES>                            137,534
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       190,780
<SHARES-COMMON-STOCK>                           14,399
<SHARES-COMMON-PRIOR>                           12,416
<ACCUMULATED-NII-CURRENT>                        1,245
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          2,720
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         2,017
<NET-ASSETS>                                   196,763
<DIVIDEND-INCOME>                                1,344
<INTEREST-INCOME>                                2,740
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   2,839
<NET-INVESTMENT-INCOME>                          1,245
<REALIZED-GAINS-CURRENT>                         3,222
<APPREC-INCREASE-CURRENT>                        4,622
<NET-CHANGE-FROM-OPS>                            9,089
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                         8,614
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          6,751
<NUMBER-OF-SHARES-REDEEMED>                      5,385
<SHARES-REINVESTED>                                617
<NET-CHANGE-IN-ASSETS>                          26,419
<ACCUMULATED-NII-PRIOR>                           (28)
<ACCUMULATED-GAINS-PRIOR>                        8,139
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              985
<INTEREST-EXPENSE>                               1,043
<GROSS-EXPENSE>                                  2,839
<AVERAGE-NET-ASSETS>                           195,231
<PER-SHARE-NAV-BEGIN>                            13.72
<PER-SHARE-NII>                                    .10
<PER-SHARE-GAIN-APPREC>                            .56
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .71
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.67
<EXPENSE-RATIO>                                   .014
<AVG-DEBT-OUTSTANDING>                          37,444
<AVG-DEBT-PER-SHARE>                              2.60
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission