GABELLI ASSET FUND
NSAR-A, 1999-08-26
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<PAGE>      PAGE  1
000 A000000 06/30/99
000 C000000 783898
000 D000000 N
000 E000000 NF
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000 J000000 A
001 A000000 THE GABELLI ASSET FUND
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002 A000000 ONE CORPORATE CENTER
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002 C000000 NY
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SIGNATURE   BRUCE N. ALPERT
TITLE       PRESIDENT/TREAS



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000783898
<NAME> GABELLI ASSET FUND
<MULTIPLIER> 1

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