<PAGE> PAGE 1
000 A000000 04/30/1999
000 C000000 0000763727
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 THE RIGHTIME FUND, INC.
001 B000000 811-4231
001 C000000 2158878111
002 A000000 218 GLENSIDE AVE
002 B000000 WYNCOTE
002 C000000 PA
002 D010000 19095
002 D020000 1595
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 4
007 C010100 1
007 C020100 THE RIGHTIME FUND
007 C030100 N
007 C010200 2
007 C020200 THE RIGHTIME BLUE CHIP FUND
007 C030200 N
007 C010300 3
007 C020300 THE RIGHTIME SOCIAL AWARENESS FUND
007 C030300 N
007 C010400 4
007 C020400 THE RIGHTIME MIDCAP FUND
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 RIGHTIME ECONOMETRICS, INC.
008 B00AA01 A
008 C00AA01 801-22127
008 D01AA01 RYDAL
008 D02AA01 PA
008 D03AA01 19046
010 A00AA01 RIGHTIME ADMINISTRATORS
010 C01AA01 WYNCOTE
010 C02AA01 PA
010 C03AA01 19095
<PAGE> PAGE 2
010 C04AA01 1595
011 A00AA01 LINCOLN INVESTMENT PLANNING, INC.
011 B00AA01 8-14354
011 C01AA01 WYNCOTE
011 C02AA01 PA
011 C03AA01 19095
011 C04AA01 1595
012 A00AA01 LINCOLN INVESTMENT PLANNING, INC.
012 B00AA01 84-1440
012 C01AA01 WYNCOTE
012 C02AA01 PA
012 C03AA01 19095
012 C04AA01 1595
013 A00AA01 TAIT, WELLER & BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
015 A00AA01 FIRST UNION NATIONAL BANK
015 B00AA01 C
015 C01AA01 PHILADELPHIA
015 C02AA01 PA
015 C03AA01 19106
015 E01AA01 X
018 00AA00 N
019 A00AA00 N
019 B00AA00 0
020 A000001 MORGAN STANLEY CO.
020 B000001 132655998
020 C000001 60
020 A000002 C.S. FIRST BOSTON
020 B000002 135659485
020 C000002 25
020 A000003 SPEAR, LEED & KELLOG
020 B000003 135515160
020 C000003 16
020 A000004 SALOMON SMITH BARNEY
020 B000004 132869611
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022 A000001 C.S. FIRST BOSTON
022 B000001 135659485
022 C000001 7097157
022 D000001 4426
022 A000002 LINCOLN INVESTMENT PLANNING
022 B000002 231702591
<PAGE> PAGE 3
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<PAGE> PAGE 4
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048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
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<PAGE> PAGE 5
062 D00AA00 0.0
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077 A000000 N
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080 A00AA00 CHUBB INSURANCE COMPANY
080 C00AA00 2325
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082 A00AA00 Y
082 B00AA00 25
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084 A00AA00 N
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<PAGE> PAGE 6
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<PAGE> PAGE 7
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 Y
070 G010100 Y
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070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
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070 K020100 Y
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070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
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<PAGE> PAGE 8
072 R000100 15
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<PAGE> PAGE 9
075 B000100 118704
076 000100 0.00
028 A010200 2305
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<PAGE> PAGE 10
067 000200 N
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070 E010200 N
070 E020200 N
070 F010200 Y
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070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
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070 O010200 N
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
071 A000200 3702
071 B000200 8874
071 C000200 264018
071 D000200 1
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072 B000200 799
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<PAGE> PAGE 11
072 J000200 13
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074 C000200 14691
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<PAGE> PAGE 12
074 U010200 7389
074 U020200 0
074 V010200 40.44
074 V020200 0.00
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076 000200 0.00
028 A010300 232
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<PAGE> PAGE 13
042 E000300 0
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070 I020300 N
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070 Q020300 N
071 A000300 16064
071 B000300 15483
071 C000300 15300
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<PAGE> PAGE 14
072 B000300 160
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074 A000300 2001
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
070 P020400 N
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<PAGE> PAGE 18
074 F000400 69465
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SIGNATURE CURTIS F. HARTRANFT
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE RIGHTIME FAMILY OF FUNDS EXHIBIT 27 - FINANCIAL DATA SCHEDULE
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEMI-ANNUAL REPORT TO SHAREHOLDERS DATED APRIL 30, 1999 AND IS QUALIFIED
IN ITS ENTIRETY TO SUCH FINANCIAL INFORMATION.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> RIGHTIME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 110,947,677
<INVESTMENTS-AT-VALUE> 109,713,776
<RECEIVABLES> 185,798
<ASSETS-OTHER> 38,106
<OTHER-ITEMS-ASSETS> 7,483,095
<TOTAL-ASSETS> 117,420,775
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 315,614
<TOTAL-LIABILITIES> 315,614
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 103,385,706
<SHARES-COMMON-STOCK> 3,473,588
<SHARES-COMMON-PRIOR> 3,147,865
<ACCUMULATED-NII-CURRENT> 893,919
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,457,187
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,631,651)
<NET-ASSETS> 117,105,161
<DIVIDEND-INCOME> 675,108
<INTEREST-INCOME> 1,720,595
<OTHER-INCOME> 0
<EXPENSES-NET> 1,509,944
<NET-INVESTMENT-INCOME> 855,759
<REALIZED-GAINS-CURRENT> 15,826,549
<APPREC-INCREASE-CURRENT> (5,977,634)
<NET-CHANGE-FROM-OPS> 10,734,674
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,245,759)
<DISTRIBUTIONS-OF-GAINS> (14,057,088)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 212,732
<NUMBER-OF-SHARES-REDEEMED> (321,233)
<SHARES-REINVESTED> 434,224
<NET-CHANGE-IN-ASSETS> 6,506,438
<ACCUMULATED-NII-PRIOR> 1,253,954
<ACCUMULATED-GAINS-PRIOR> 12,687,691
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 294,230
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 294,230
<AVERAGE-NET-ASSETS> 118,703,967
<PER-SHARE-NAV-BEGIN> 35.13
<PER-SHARE-NII> 0.26
<PER-SHARE-GAIN-APPREC> 3.30
<PER-SHARE-DIVIDEND> 0.41
<PER-SHARE-DISTRIBUTIONS> 4.57
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 33.71
<EXPENSE-RATIO> 2.57
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE RIGHTIME FAMILY OF FUNDS EXHIBIT 27 - FINANCIAL DATA SCHEDULE
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEMI-ANNUAL REPORT TO SHAREHOLDERS DATED APRIL 30,1999 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> RIGHTIME BLUE CHIP FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 172,968,497
<INVESTMENTS-AT-VALUE> 300,073,066
<RECEIVABLES> 303,769
<ASSETS-OTHER> 65,026
<OTHER-ITEMS-ASSETS> 224
<TOTAL-ASSETS> 300,442,085
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,641,036
<TOTAL-LIABILITIES> 1,641,036
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 189,789,026
<SHARES-COMMON-STOCK> 7,388,997
<SHARES-COMMON-PRIOR> 6,622,561
<ACCUMULATED-NII-CURRENT> (1,377,483)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (16,351,834)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 126,741,340
<NET-ASSETS> 298,801,049
<DIVIDEND-INCOME> 1,734,592
<INTEREST-INCOME> 799,536
<OTHER-INCOME> 0
<EXPENSES-NET> (3,245,142)
<NET-INVESTMENT-INCOME> (711,014)
<REALIZED-GAINS-CURRENT> (15,234,875)
<APPREC-INCREASE-CURRENT> 42,288,281
<NET-CHANGE-FROM-OPS> 26,342,392
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (30,507,902)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 428,259
<NUMBER-OF-SHARES-REDEEMED> (393,730)
<SHARES-REINVESTED> 731,907
<NET-CHANGE-IN-ASSETS> 27,385,266
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 29,390,943
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 743,873
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 743,873
<AVERAGE-NET-ASSETS> 300,167,378
<PER-SHARE-NAV-BEGIN> 40.98
<PER-SHARE-NII> (.10)
<PER-SHARE-GAIN-APPREC> 4.19
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 4.63
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 40.44
<EXPENSE-RATIO> 2.18
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE RIGHTIME FAMILY OF FUNDS EXHIBIT 27 - FINANCIAL DATA SCHEDULE.
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEMI-ANNUAL REPORT TO SHAREHOLDERS DATED APRIL 30, 1999 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION.
</LEGEND>
<SERIES>
<NUMBER> 3
<NAME> RIGHTIME SOCIAL AWARENESS FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 20,098,802
<INVESTMENTS-AT-VALUE> 19,751,537
<RECEIVABLES> 5,644
<ASSETS-OTHER> 1,812
<OTHER-ITEMS-ASSETS> 2,000,802
<TOTAL-ASSETS> 21,759,795
<PAYABLE-FOR-SECURITIES> 5,236,823
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18,067
<TOTAL-LIABILITIES> 5,254,890
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 14,753,393
<SHARES-COMMON-STOCK> 499,810
<SHARES-COMMON-PRIOR> 386,297
<ACCUMULATED-NII-CURRENT> 36,774
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,062,003
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (347,265)
<NET-ASSETS> 16,504,905
<DIVIDEND-INCOME> 56,038
<INTEREST-INCOME> 159,882
<OTHER-INCOME> 0
<EXPENSES-NET> (179,201)
<NET-INVESTMENT-INCOME> 36,719
<REALIZED-GAINS-CURRENT> 2,057,240
<APPREC-INCREASE-CURRENT> (699,435)
<NET-CHANGE-FROM-OPS> 1,394,524
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (105,288)
<DISTRIBUTIONS-OF-GAINS> (2,577,096)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 66,940
<NUMBER-OF-SHARES-REDEEMED> (26,578)
<SHARES-REINVESTED> 73,151
<NET-CHANGE-IN-ASSETS> 2,615,566
<ACCUMULATED-NII-PRIOR> 105,343
<ACCUMULATED-GAINS-PRIOR> 2,581,859
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 39,551
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 39,551
<AVERAGE-NET-ASSETS> 15,965,936
<PER-SHARE-NAV-BEGIN> 35.96
<PER-SHARE-NII> .07
<PER-SHARE-GAIN-APPREC> 3.88
<PER-SHARE-DIVIDEND> .27
<PER-SHARE-DISTRIBUTIONS> 6.62
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 33.02
<EXPENSE-RATIO> 2.26
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE RIGHTIME FAMILY OF FUNDS EXHIBIT 27 - FINANCIAL DATA SCHEDULE.
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEMI-ANNUAL REPORT TO SHAREHOLDERS DATED APRIL 30, 1999 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL INFORMATION.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> RIGHTIME MIDCAP FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 68,404,011
<INVESTMENTS-AT-VALUE> 75,254,509
<RECEIVABLES> 64,100
<ASSETS-OTHER> 18,003
<OTHER-ITEMS-ASSETS> 989,958
<TOTAL-ASSETS> 76,326,570
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125,855
<TOTAL-LIABILITIES> 125,855
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 62,164,423
<SHARES-COMMON-STOCK> 2,277,257
<SHARES-COMMON-PRIOR> 1,917,678
<ACCUMULATED-NII-CURRENT> (514,745)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,739,730
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,811,307
<NET-ASSETS> 76,200,715
<DIVIDEND-INCOME> 379,926
<INTEREST-INCOME> 257,787
<OTHER-INCOME> 0
<EXPENSES-NET> (815,155)
<NET-INVESTMENT-INCOME> (177,442)
<REALIZED-GAINS-CURRENT> 7,959,570
<APPREC-INCREASE-CURRENT> 1,582,041
<NET-CHANGE-FROM-OPS> 9,364,169
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (12,475,590)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 103,348
<NUMBER-OF-SHARES-REDEEMED> (120,424)
<SHARES-REINVESTED> 376,655
<NET-CHANGE-IN-ASSETS> 8,708,141
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 11,918,447
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 183,285
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 183,285
<AVERAGE-NET-ASSETS> 73,969,147
<PER-SHARE-NAV-BEGIN> 35.19
<PER-SHARE-NII> (.08)
<PER-SHARE-GAIN-APPREC> 4.9
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 6.55
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 33.46
<EXPENSE-RATIO> 2.22
</TABLE>
