<PAGE> PAGE 1
000 A000000 05/31/97
000 C000000 0000741886
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 MERRILL LYNCH GLOBAL HOLDINGS, INC.
001 B000000 811-4351
001 C000000 6092822800
002 A000000 P.O. BOX 9011
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9011
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 MERRILL LYNCH ASSET MANAGEMENT, L.P.
008 B000001 A
008 C000001 801-11583
008 D010001 PRINCETON
008 D020001 NJ
008 D030001 08543
008 D040001 9011
008 A000002 MERRILL LYNCH ASSET MANAGEMENT U.K., LTD.
008 B000002 S
008 C000002 801-31780
008 D010002 LONDON
008 D050002 ENGLAND
008 D060002 EC24 9LY
011 A000001 MERRILL LYNCH FUNDS DISTRIBUTOR, INC.
011 B000001 8-14663
011 C010001 PRINCETON
011 C020001 NJ
011 C030001 08543
<PAGE> PAGE 2
011 C040001 9011
012 A000001 MERRILL LYNCH FINANCIAL DATA SERVICES, INC.
012 B000001 84-01339
012 C010001 JACKSONVILLE
012 C020001 FL
012 C030001 32246
012 C040001 6484
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 PRINCETON
013 B020001 NJ
013 B030001 08540
014 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
014 B000001 8-7221
015 A000001 THE CHASE MANHATTAN BANK, N.A.
015 B000001 C
015 C010001 BROOKLYN
015 C020001 NY
015 C030001 11245
015 E010001 X
015 A000002 BANK OF IRELAND
015 B000002 S
015 C010002 DUBLIN
015 D010002 IRELAND
015 E040002 X
015 A000003 BANCO CHASE MANHATTAN, S.A.
015 B000003 S
015 C010003 RIO DE JANEIRO
015 D010003 BRAZIL
015 E040003 X
015 A000004 THE CHASE MANHATTAN BANK AUSTRALIA LIMITED
015 B000004 S
015 C010004 SYDNEY
015 D010004 AUSTRALIA
015 E040004 X
015 A000005 CREDITANSTALT - BANKVEREIN
015 B000005 S
015 C010005 VIENNA
015 D010005 AUSTRIA
015 E040005 X
015 A000006 GENERALE BANK
015 B000006 S
015 C010006 BRUSSELS
015 D010006 BELGIUM
015 E040006 X
015 A000007 DEN DANSKE BANK
015 B000007 S
015 C010007 COPENHAGEN
015 D010007 DENMARK
015 E040007 X
015 A000008 KANSALLIS-OSAKE-PANKKI
015 B000008 S
<PAGE> PAGE 3
015 C010008 HELSINKI
015 D010008 FINLAND
015 E040008 X
015 A000009 ROYAL BANK OF CANADA
015 B000009 S
015 C010009 TORONTO
015 D010009 CANADA
015 E040009 X
015 A000010 BARCLAYS BANK PLC
015 B000010 S
015 C010010 ATHENS
015 D010010 GREECE
015 E040010 X
015 A000011 DEN NORSKE BANK
015 B000011 S
015 C010011 OSLO
015 D010011 NORWAY
015 E040011 X
015 A000012 BANQUE PARIBAS
015 B000012 S
015 C010012 PARIS
015 D010012 FRANCE
015 E040012 X
015 A000013 CHASE BANK A.G.
015 B000013 S
015 C010013 FRANKFURT
015 D010013 GERMANY
015 E040013 X
015 A000014 STANDARD CHARTERED BANK
015 B000014 S
015 C010014 LONDON
015 D010014 UNITED KINGDOM
015 E040014 X
015 A000015 ARAB BANK PLC
015 B000015 S
015 C010015 AMMAN
015 D010015 JORDAN
015 E040015 X
015 A000016 CITIBANK, N.A.
015 B000016 S
015 C010016 NEW YORK
015 C020016 NY
015 C030016 10015
015 E010016 X
015 A000017 ABN-AMRO BANK N.V.
015 B000017 S
015 C010017 AMSTERDAM
015 D010017 NETHERLANDS
015 E040017 X
015 A000018 NATIONAL NOMINEES LIMITED
015 B000018 S
<PAGE> PAGE 4
015 C010018 AUCKLAND
015 D010018 NEW ZEALAND
015 E040018 X
015 A000019 HONG KONG AND SHANGHAI BANKING CORP. LIMITED
015 B000019 S
015 C010019 HONG KONG
015 D010019 HONG KONG
015 E040019 X
015 A000020 BANCO ESPIRITO SANTO E COMMERCIAL DE LISBOA
015 B000020 S
015 C010020 LISBON
015 D010020 PORTUGAL
015 E040020 X
015 A000021 BANQUE BRUXELLES LAMBERT
015 B000021 S
015 C010021 MADRID
015 D010021 SPAIN
015 E040021 X
015 A000022 SKANDINAVISKA ENSKILDA BANKEN
015 B000022 S
015 C010022 STOCKHOLM
015 D010022 SWEDEN
015 E040022 X
015 A000023 UNION BANK OF SWITZERLAND
015 B000023 S
015 C010023 ZURICH
015 D010023 SWITZERLAND
015 E040023 X
015 A000024 CANADA TRUST COMPANY
015 B000024 S
015 C010024 TORONTO
015 D010024 CANADA
015 E040024 X
015 A000025 FIRST NATIONAL BANK OF CHICAGO
015 B000025 S
015 C010025 LONDON
015 D010025 ENGLAND
015 E010025 X
015 A000026 CITITRUST COLOMBIA S.A. SOCIAL FIDUCIARIA
015 B000026 S
015 C010026 BOGOTA
015 D010026 COLOMBIA
015 E040026 X
015 A000027 CITIBANK BUDAPEST RT.
015 B000027 S
015 C010027 BUDAPEST
015 D010027 HUNGARY
015 E040027 X
015 A000028 BANK LEUMI LE-ISRAEL B.M.
015 B000028 S
015 C010028 TEL AVIV
<PAGE> PAGE 5
015 D010028 ISRAEL
015 E040028 X
015 A000029 CESOSLOVENSKA OBCHODNI BANKA, S.A.
015 B000029 S
015 C010029 PRAGUE
015 D010029 CZECH REPUBLIC
015 E040029 X
015 A000030 NATIONAL BANK OF EGYPT
015 B000030 S
015 C010030 CAIRO
015 D010030 EGYPT
015 E040030 X
015 A000031 BANQUE COMMERCIALE DU MAROC
015 B000031 S
015 C010031 CASSABLANCA
015 D010031 MOROCCO
015 E040031 X
015 A000032 BANK HANDLOWY W WARZAWIE, S.A.
015 B000032 S
015 C010032 WARSAW
015 D010032 POLAND
015 E040032 X
015 A000033 STANDARD BANK OF SOUTH AFRICA
015 B000033 S
015 C010033 JOHANNESBURG
015 D010033 SOUTH AFRICA
015 E040033 X
015 A000034 THE FIRST NATIONAL BANK OF BOSTON
015 B000034 S
015 C010034 MONTEVIDEO
015 D010034 URUGUAY
015 E040034 X
015 A000035 BARCLAYS BANK OF ZIMBABWE, LTD.
015 B000035 S
015 C010035 HARARE
015 D010035 ZIMBABWE
015 E040035 X
015 A000036 THE BANK OF NEW YORK
015 B000036 S
015 C010036 NEW YORK
015 C020036 NY
015 C030036 10015
015 E010036 X
015 A000037 BANKERS TRUST COMPANY
015 B000037 S
015 C010037 NEW YORK
015 C020037 NY
015 C030037 10006
015 E010037 X
015 A000038 CHEMICAL BANK
015 B000038 S
<PAGE> PAGE 6
015 C010038 NEW YORK
015 C020038 NY
015 C030038 10017
015 E010038 X
015 A000039 CUSTODIAL TRUST CO.
015 B000039 S
015 C010039 NEW YORK
015 C020039 NY
015 C030039 10167
015 E010039 X
015 A000040 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000040 S
015 C010040 NEW YORK
015 C020040 NY
015 C030040 10260
015 E010040 X
015 A000041 THE CHASE MANHATTAN BANK BERHAD
015 B000041 S
015 C010041 KUALA LUMPUR
015 D010041 MALAYSIA
015 E040041 X
015 A000042 CAJA DE VALORES
015 B000042 S
015 C010042 ARGENTINA
015 D010042 ARGENTINA
015 E040042 X
015 A000043 AUSTRACLEAR LIMITED
015 B000043 S
015 C010043 AUSTRALIA
015 D010043 AUSTRALIA
015 E040043 X
015 A000044 RITS
015 B000044 S
015 C010044 AUSTRALIA
015 D010044 AUSTRALIA
015 E040044 X
015 A000045 OESTERREICHISCHE KONTROLLBANK
015 B000045 S
015 C010045 AUSTRIA
015 D010045 AUSTRIA
015 E040045 X
015 A000046 CAISSE INTERPROFESSIONNELLE DE DEPOTS
015 B000046 S
015 C010046 BELGIUM
015 D010046 BELGIUM
015 E040046 X
015 A000047 SAO PAULO STOCK EXCHANGE
015 B000047 S
015 C010047 BRAZIL
015 D010047 BRAZIL
015 E040047 X
<PAGE> PAGE 7
015 A000048 CANADIAN DEPOSITORY FOR SECURITIES
015 B000048 S
015 C010048 CANADA
015 D010048 CANADA
015 E040048 X
015 A000049 CEDEL, S.A.
015 B000049 S
015 C010049 LUXEMBOURG
015 D010049 LUXEMBOURG
015 E040049 X
015 A000050 SHANGHAI SECURITIES CENTRAL CLEARING
015 B000050 S
015 C010050 SHANGHAI
015 D010050 CHINA
015 E040050 X
015 A000051 SHENZHEN SECURITIES REGISTRATION CORPORATION
015 B000051 S
015 C010051 CHINA
015 D010051 CHINA
015 E040051 X
015 A000052 SECURITIES CENTER
015 B000052 S
015 C010052 CZECH REPUBLIC
015 D010052 CZECH REPUBLIC
015 E040052 X
015 A000053 VAERDIPAPIRCENTRALEN
015 B000053 S
015 C010053 DENMARK
015 D010053 DENMARK
015 E040053 X
015 A000054 PANKKITARKASTUS VIRASTO
015 B000054 S
015 C010054 FINLAND
015 D010054 FINLAND
015 E040054 X
015 A000055 SICOVAM
015 B000055 S
015 C010055 FRANCE
015 D010055 FRANCE
015 E040055 X
015 A000056 DEUTSCHER KASSENVEREIN A.G.
015 B000056 S
015 C010056 GERMANY
015 D010056 GERMANY
015 E040056 X
015 A000057 THE CENTRAL CLEARING AND SETTLEMENT SYSTEM
015 B000057 S
015 C010057 HONG KONG
015 D010057 HONG KONG
015 E040057 X
015 A000058 MONTE TITOLI
<PAGE> PAGE 8
015 B000058 S
015 C010058 ITALY
015 D010058 ITALY
015 E040058 X
015 A000059 MALAYSIAN CENTRAL DEPOSITORY SDN BHN
015 B000059 S
015 C010059 MALAYSIA
015 D010059 MALAYSIA
015 E040059 X
015 A000060 INDEVAL
015 B000060 S
015 C010060 MEXICO
015 D010060 MEXICO
015 E040060 X
015 A000061 DEUTSCHE BANK
015 B000061 S
015 C010061 GERMANY
015 D010061 GERMANY
015 E040061 X
015 A000062 VERDIPAPIRESENTRALEN
015 B000062 S
015 C010062 NORWAY
015 D010062 NORWAY
015 E040062 X
015 A000063 NATIONAL DEPOSIT OF SECURITIES
015 B000063 S
015 C010063 POLAND
015 D010063 POLAND
015 E040063 X
015 A000064 CENTRAL DE VALORES MOBILAROS
015 B000064 S
015 C010064 PORTUGAL
015 D010064 PORTUGAL
015 E040064 X
015 A000065 CENTRAL DEPOSITORY PTE
015 B000065 S
015 C010065 SINGAPORE
015 D010065 SINGAPORE
015 E040065 X
015 A000066 KOREAN SECURITIES DEPOSITORY CORPORATION
015 B000066 S
015 C010066 SOUTH KOREA
015 D010066 SOUTH KOREA
015 E040066 X
015 A000067 SCL
015 B000067 S
015 C010067 SPAIN
015 D010067 SPAIN
015 E040067 X
015 A000068 CENTRAL DEPOSITORY SYSTEM
015 B000068 S
<PAGE> PAGE 9
015 C010068 SRI LANKA
015 D010068 SRI LANKA
015 E040068 X
015 A000069 VARDEPAPPERSCENTRALEN
015 B000069 S
015 C010069 SWEDEN
015 D010069 SWEDEN
015 E040069 X
015 A000070 SCHWEIZERISCHE EFFEKTEN-GIRO
015 B000070 S
015 C010070 SWITZERLAND
015 D010070 SWITZERLAND
015 E040070 X
015 A000071 TAIWAN SECURITIES CENTRAL DEPOSITORY CO., LTD
015 B000071 S
015 C010071 TAIWAN
015 D010071 TAIWAN
015 E040071 X
015 A000072 THE SHARES DEPOSITORY CENTER
015 B000072 S
015 C010072 THAILAND
015 D010072 THAILAND
015 E040072 X
015 A000073 THE BANK OF ENGLAND
015 B000073 S
015 C010073 UNITED KINGDOM
015 D010073 UNITED KINGDOM
015 E040073 X
015 A000074 THE CENTRAL GILTS OFFICE
015 B000074 S
015 C010074 UNITED KINGDOM
015 D010074 UNITED KINGDOM
015 E040074 X
015 A000075 THE CENTRAL MONEYMARKETS OFFICE
015 B000075 S
015 C010075 UNITED KINGDOM
015 D010075 UNITED KINGDOM
015 E040075 X
015 A000076 BANCO DE NACIONAL MEXICO
015 B000076 S
015 C010076 MEXICO
015 D010076 MEXICO
015 E040076 X
015 A000077 NECIGEF/KAS ASSOCIATIE NV
015 B000077 S
015 C010077 NETHERLANDS
015 D010077 NETHERLANDS
015 E040077 X
015 A000078 TAKAS VE SAKLAMA A.S. (TVS)
015 B000078 S
015 C010078 TURKEY
<PAGE> PAGE 10
015 D010078 TURKEY
015 E040078 X
015 A000079 CHASE MANHATTAN BANK MEXICO, S.A.
015 B000079 S
015 C010079 MEXICO
015 D010079 MEXICO
015 E040079 X
015 A000080 STANDARD BANK NAMIBIA LTD.
015 B000080 S
015 C010080 NAMIBIA
015 D010080 NAMIBIA
015 E040080 X
015 A000081 AUSTRACLEAR
015 B000081 S
015 C010081 NEW ZEALAND
015 D010081 NEW ZEALAND
015 E040081 X
015 A000082 TASE
015 B000082 S
015 C010082 ISRAEL
015 D010082 ISRAEL
015 E040082 X
015 A000083 APOTHETIRIO TITLON
015 B000083 S
015 C010083 GREECE
015 D010083 GREECE
015 E040083 X
015 A000084 FUJI BANK
015 B000084 S
015 C010084 JAPAN
015 D010084 JAPAN
015 E040084 X
015 A000085 JASDEC
015 B000085 S
015 C010085 JAPAN
015 D010085 JAPAN
015 E040085 X
015 A000086 CENTRAL DEPOSITORY LTD
015 B000086 S
015 C010086 SOUTH AFRICA
015 D010086 SOUTH AFRICA
015 E040086 X
015 A000087 CREST
015 B000087 S
015 C010087 UNITED KINGDOM
015 D010087 UNITED KINGDOM
015 E040087 X
015 A000088 PCD
015 B000088 S
015 C010088 PHILIPPINES
015 D010088 PHILIPPINES
<PAGE> PAGE 11
015 E040088 X
018 000000 Y
019 A000000 Y
019 B000000 195
019 C000000 MERRILLLYN
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001 82
020 A000002 MORGAN STANLEY & CO. INCORPORATED
020 B000002 13-2655998
020 C000002 52
020 A000003 LEHMAN BROTHERS INC.
020 B000003 13-2518466
020 C000003 49
020 A000004 GOLDMAN, SACHS & CO.
020 B000004 13-5108880
020 C000004 43
020 A000005 DEUTSCHE MORGAN GRENFELL/C.J. LAWRENCE INC.
020 B000005 13-2730828
020 C000005 43
020 A000006 SALOMON BROTHERS INC
020 B000006 13-3082694
020 C000006 39
020 A000007 SBC WARBURG INC.
020 B000007 13-3340045
020 C000007 36
020 A000008 HG ASIA INC.
020 C000008 27
020 A000009 HSBC JAMES CAPEL
020 C000009 27
020 A000010 CREDIT LYONNAIS SECURITIES (USA) INC.
020 C000010 24
021 000000 724
022 A000001 ASSOCIATES CORP. OF NORTH AMERICA
022 C000001 932995
022 D000001 0
022 A000002 GENERAL ELECTRIC CAPITAL CORP.
022 C000002 145928
022 D000002 0
022 A000003 GENERAL MOTORS ACCEPTANCE CORP.
022 C000003 137620
022 D000003 0
022 A000004 CREDIT SUISSE FIRST BOSTON CORPORATION
022 B000004 13-5659485
022 C000004 95072
022 D000004 5322
022 A000005 HSBC SECURITIES, INC.
022 B000005 13-2650272
022 C000005 55427
022 D000005 19745
022 A000006 FORD MOTOR CREDIT CORP.
<PAGE> PAGE 12
022 C000006 64319
022 D000006 0
022 A000007 POTTER INVESTMENT CO.
022 B000007 8702782011
022 C000007 19899
022 D000007 0
022 A000008 GOLDMAN, SACHS & CO.
022 B000008 13-5108880
022 C000008 840
022 D000008 14388
022 A000009 PAINEWEBBER INCORPORATED
022 B000009 13-2638166
022 C000009 14919
022 D000009 0
022 A000010 MORGAN STANLEY & CO. INCORPORATED
022 B000010 13-2655998
022 C000010 5608
022 D000010 5782
023 C000000 1489743
023 D000000 53117
024 000000 N
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 N
027 000000 Y
028 A010000 12535
028 A020000 24469
028 A030000 0
028 A040000 17028
028 B010000 20512
028 B020000 0
028 B030000 0
028 B040000 32004
028 C010000 40496
028 C020000 0
028 C030000 0
028 C040000 15366
028 D010000 66454
028 D020000 0
028 D030000 0
028 D040000 26272
028 E010000 21501
028 E020000 0
028 E030000 0
028 E040000 26371
<PAGE> PAGE 13
028 F010000 17108
028 F020000 0
028 F030000 0
028 F040000 30404
028 G010000 178606
028 G020000 24469
028 G030000 0
028 G040000 147445
028 H000000 66356
029 000000 Y
030 A000000 11
030 B000000 5.25
030 C000000 0.00
031 A000000 1
031 B000000 0
032 000000 0
033 000000 10
034 000000 Y
035 000000 200
036 A000000 N
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 346
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.000
048 A010000 0
048 A020000 0.000
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
<PAGE> PAGE 14
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 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 0
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
<PAGE> PAGE 15
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 Y
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 N
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 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
<PAGE> PAGE 16
070 R010000 N
070 R020000 N
071 A000000 178701
071 B000000 120868
071 C000000 450912
071 D000000 27
072 A000000 6
072 B000000 593
072 C000000 3034
072 D000000 0
072 E000000 0
072 F000000 2340
072 G000000 42
072 H000000 0
072 I000000 441
072 J000000 132
072 K000000 0
072 L000000 80
072 M000000 18
072 N000000 49
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 23
072 S000000 14
072 T000000 346
072 U000000 0
072 V000000 0
072 W000000 16
072 X000000 3501
072 Y000000 0
072 Z000000 126
072AA000000 25629
072BB000000 7502
072CC010000 19732
072CC020000 0
072DD010000 3256
072DD020000 0
072EE000000 23284
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 37
074 B000000 0
074 C000000 13626
074 D000000 1048
074 E000000 4136
074 F000000 497885
074 G000000 0
074 H000000 0
<PAGE> PAGE 17
074 I000000 0
074 J000000 1361
074 K000000 0
074 L000000 2316
074 M000000 33
074 N000000 520442
074 O000000 2865
074 P000000 494
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 1789
074 S000000 0
074 T000000 515294
074 U010000 27679
074 U020000 6146
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 48242
074 Y000000 0
075 A000000 0
075 B000000 469366
076 000000 0.00
077 A000000 Y
077 O000000 Y
078 000000 N
SIGNATURE GERALD M. RICHARD
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000741886
<NAME> MERRILL LYNCH GLOBAL HOLDINGS, INC.
<SERIES>
<NUMBER> 001
<NAME> CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 405959431
<INVESTMENTS-AT-VALUE> 516695107
<RECEIVABLES> 3676801
<ASSETS-OTHER> 69613
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 520441521
<PAYABLE-FOR-SECURITIES> 2864874
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2282496
<TOTAL-LIABILITIES> 5147370
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 388391287
<SHARES-COMMON-STOCK> 27159562
<SHARES-COMMON-PRIOR> 26346760
<ACCUMULATED-NII-CURRENT> (1302675)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 17472844
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 110732695
<NET-ASSETS> 417146642
<DIVIDEND-INCOME> 3034513
<INTEREST-INCOME> 592641
<OTHER-INCOME> 0
<EXPENSES-NET> (3501467)
<NET-INVESTMENT-INCOME> 125687
<REALIZED-GAINS-CURRENT> 18126875
<APPREC-INCREASE-CURRENT> 19732681
<NET-CHANGE-FROM-OPS> 37985243
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3228520)
<DISTRIBUTIONS-OF-GAINS> (20709718)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7575218
<NUMBER-OF-SHARES-REDEEMED> (8348645)
<SHARES-REINVESTED> 1586229
<NET-CHANGE-IN-ASSETS> 67074821
<ACCUMULATED-NII-PRIOR> 1827409
<ACCUMULATED-GAINS-PRIOR> 22630191
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2340400
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3501467
<AVERAGE-NET-ASSETS> 395386281
<PER-SHARE-NAV-BEGIN> 15.12
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 1.14
<PER-SHARE-DIVIDEND> (.12)
<PER-SHARE-DISTRIBUTIONS> (.79)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.36
<EXPENSE-RATIO> 1.34
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000741886
<NAME> MERRILL LYNCH GLOBAL HOLDINGS, INC.
<SERIES>
<NUMBER> 002
<NAME> CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 405959431
<INVESTMENTS-AT-VALUE> 516695107
<RECEIVABLES> 3676801
<ASSETS-OTHER> 69613
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 520441521
<PAYABLE-FOR-SECURITIES> 2864874
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2282496
<TOTAL-LIABILITIES> 5147370
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 388391287
<SHARES-COMMON-STOCK> 5655922
<SHARES-COMMON-PRIOR> 3076128
<ACCUMULATED-NII-CURRENT> (1302675)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 17472844
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 110732695
<NET-ASSETS> 83029597
<DIVIDEND-INCOME> 3034513
<INTEREST-INCOME> 592641
<OTHER-INCOME> 0
<EXPENSES-NET> (3501467)
<NET-INVESTMENT-INCOME> 125687
<REALIZED-GAINS-CURRENT> 18126875
<APPREC-INCREASE-CURRENT> 19732681
<NET-CHANGE-FROM-OPS> 37985243
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (2278771)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3878752
<NUMBER-OF-SHARES-REDEEMED> (1447371)
<SHARES-REINVESTED> 148413
<NET-CHANGE-IN-ASSETS> 67074821
<ACCUMULATED-NII-PRIOR> 1827409
<ACCUMULATED-GAINS-PRIOR> 22630191
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2340400
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3501467
<AVERAGE-NET-ASSETS> 63637679
<PER-SHARE-NAV-BEGIN> 14.40
<PER-SHARE-NII> (.05)
<PER-SHARE-GAIN-APPREC> 1.09
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.76)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.68
<EXPENSE-RATIO> 2.37
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000741886
<NAME> MERRILL LYNCH GLOBAL HOLDINGS, INC.
<SERIES>
<NUMBER> 003
<NAME> CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 405959431
<INVESTMENTS-AT-VALUE> 516695107
<RECEIVABLES> 3676801
<ASSETS-OTHER> 69613
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 520441521
<PAYABLE-FOR-SECURITIES> 2864874
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2282496
<TOTAL-LIABILITIES> 5147370
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 388391287
<SHARES-COMMON-STOCK> 490039
<SHARES-COMMON-PRIOR> 63197
<ACCUMULATED-NII-CURRENT> (1302675)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 17472844
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 110732695
<NET-ASSETS> 7177455
<DIVIDEND-INCOME> 3034513
<INTEREST-INCOME> 592641
<OTHER-INCOME> 0
<EXPENSES-NET> (3501467)
<NET-INVESTMENT-INCOME> 125687
<REALIZED-GAINS-CURRENT> 18126875
<APPREC-INCREASE-CURRENT> 19732681
<NET-CHANGE-FROM-OPS> 37985243
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (165)
<DISTRIBUTIONS-OF-GAINS> (49977)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 561157
<NUMBER-OF-SHARES-REDEEMED> (137863)
<SHARES-REINVESTED> 3548
<NET-CHANGE-IN-ASSETS> 67074821
<ACCUMULATED-NII-PRIOR> 1827409
<ACCUMULATED-GAINS-PRIOR> 22630191
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2340400
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3501467
<AVERAGE-NET-ASSETS> 4193678
<PER-SHARE-NAV-BEGIN> 14.41
<PER-SHARE-NII> (.04)
<PER-SHARE-GAIN-APPREC> 1.07
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.79)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.65
<EXPENSE-RATIO> 2.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000741886
<NAME> MERRILL LYNCH GLOBAL HOLDINGS, INC.
<SERIES>
<NUMBER> 004
<NAME> CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 405959431
<INVESTMENTS-AT-VALUE> 516695107
<RECEIVABLES> 3676801
<ASSETS-OTHER> 69613
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 520441521
<PAYABLE-FOR-SECURITIES> 2864874
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2282496
<TOTAL-LIABILITIES> 5147370
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 388391287
<SHARES-COMMON-STOCK> 519049
<SHARES-COMMON-PRIOR> 311649
<ACCUMULATED-NII-CURRENT> (1302675)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 17472844
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 110732695
<NET-ASSETS> 7940457
<DIVIDEND-INCOME> 3034513
<INTEREST-INCOME> 592641
<OTHER-INCOME> 0
<EXPENSES-NET> (3501467)
<NET-INVESTMENT-INCOME> 125687
<REALIZED-GAINS-CURRENT> 18126875
<APPREC-INCREASE-CURRENT> 19732681
<NET-CHANGE-FROM-OPS> 37985243
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (27086)
<DISTRIBUTIONS-OF-GAINS> (245755)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 571929
<NUMBER-OF-SHARES-REDEEMED> (382669)
<SHARES-REINVESTED> 18140
<NET-CHANGE-IN-ASSETS> 67074821
<ACCUMULATED-NII-PRIOR> 1827409
<ACCUMULATED-GAINS-PRIOR> 22630191
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2340400
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3501467
<AVERAGE-NET-ASSETS> 6148338
<PER-SHARE-NAV-BEGIN> 15.04
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1.14
<PER-SHARE-DIVIDEND> (.09)
<PER-SHARE-DISTRIBUTIONS> (.79)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.30
<EXPENSE-RATIO> 1.59
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
