FPA PERENNIAL FUND INC
NSAR-A, 1998-08-25
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<PAGE>      PAGE  1
000 A000000 06/30/98
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001 A000000 FPA PERENNIAL FUND, INC
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011 A000001 FPA FUND DISTRIBUTORS, INC
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012 A000001 BOSTON FINANCIAL DATA SERVICES, INC
012 B000001 84-1111
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020 A000005 LIPPER ANALYTICAL SECURITIES CORPORATION
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SIGNATURE   CHRIS THOMAS                                 
TITLE       ASST TREASURER      
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
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<INVESTMENTS-AT-VALUE>                      52,212,337
<RECEIVABLES>                                  246,061
<ASSETS-OTHER>                                     904
<OTHER-ITEMS-ASSETS>                                 0
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<PAYABLE-FOR-SECURITIES>                       425,923
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       87,395
<TOTAL-LIABILITIES>                            513,318
<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                        2,199,205
<SHARES-COMMON-PRIOR>                        2,091,280
<ACCUMULATED-NII-CURRENT>                       76,234
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,974,682
<OVERDISTRIBUTION-GAINS>                             0
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<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                         86,568
<REALIZED-GAINS-CURRENT>                     3,974,683
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<NET-CHANGE-FROM-OPS>                        4,067,589
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      101,518
<DISTRIBUTIONS-OF-GAINS>                     4,541,124
<DISTRIBUTIONS-OTHER>                                0
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<NUMBER-OF-SHARES-REDEEMED>                    204,300
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</TABLE>


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