FORTRESS UTILITY FUND INC
NSAR-B, 1995-07-31
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SIGNATURE   S. ELLIOTT COHAN                             
TITLE       ASST. GEN. COUNSEL  
 


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   1                                              
     <NAME>                     FORTRESS UTILITY FUND, INC.                    
                                                                               
                                                                               
<PERIOD-TYPE>                   12-MOS                                         
<FISCAL-YEAR-END>               May-31-1995                                    
<PERIOD-END>                    May-31-1995                                    
<INVESTMENTS-AT-COST>           724,585,478                                    
<INVESTMENTS-AT-VALUE>          776,432,839                                    
<RECEIVABLES>                   10,631,479                                     
<ASSETS-OTHER>                  30,873                                         
<OTHER-ITEMS-ASSETS>            0                                              
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<SENIOR-LONG-TERM-DEBT>         0                                              
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<SENIOR-EQUITY>                 0                                              
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<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         (28,780,577)                                   
<OVERDISTRIBUTION-GAINS>        0                                              
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<NET-ASSETS>                    778,819,840                                    
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<OTHER-INCOME>                  0                                              
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<EQUALIZATION>                  (3,344,167)                                    
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<DISTRIBUTIONS-OTHER>           0                                              
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<PER-SHARE-NII>                 0.560                                          
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<PER-SHARE-DIVIDEND>            0.610                                          
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<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             12.690                                         
<EXPENSE-RATIO>                 114                                            
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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