<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 0000811267
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 CENTENNIAL AMERICA FUND, LP
001 B000000 811-5051
001 C000000 8008488222
002 A000000 3410 SOUTH GALENA STREET
002 B000000 DENVER
002 C000000 CO
002 D010000 80231
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
012 A000001 SHAREHOLDER SERVICES, INC.
012 B000001 84-907
012 C010001 DENVER
012 C020001 CO
012 C030001 80217
018 000000 Y
019 A000000 Y
019 B000000 7
019 C000000 CENTENNIAL
020 A000001 PAINEWEBBER, INC.
020 B000001 13-2638166
020 C000001 114
020 A000002 FIRST CHICAGO CAPITAL MARKET
020 B000002 36-3595942
020 C000002 19
020 A000003 FIRST BOSTON CORP.(THE)
020 B000003 13-5659485
020 C000003 18
020 A000004 MORGAN GUARANTY TRUST CO.
020 B000004 13-5123346
020 C000004 14
020 A000005 LEHMAN BROTHERS, INC.
020 B000005 13-2518466
020 C000005 5
020 A000006 SANWA SECURITIES (USA) CO., LP
020 B000006 13-3046258
020 C000006 2
020 A000007 CHASE MANHATTAN BANK, N.A. (THE)
020 B000007 13-2633612
<PAGE> PAGE 2
020 C000007 1
020 A000008 GOLDMAN, SACHS & CO.
020 B000008 13-5108880
020 C000008 1
020 A000009 MORGAN STANLEY & CO., INC.
020 B000009 13-2655998
020 C000009 1
020 A000010 FUJI SECURITIES, INC.
020 B000010 36-2880742
020 C000010 0
021 000000 175
022 A000001 FIRST CHICAGO CAPITAL MARKET
022 B000001 36-3595942
022 C000001 20391
022 D000001 0
022 A000002 LEHMAN BROTHERS, INC.
022 B000002 13-2518466
022 C000002 17572
022 D000002 0
022 A000003 PAINEWEBBER, INC.
022 B000003 13-2638166
022 C000003 11066
022 D000003 0
022 A000004 FIRST BOSTON CORP. (THE)
022 B000004 13-5659485
022 C000004 6482
022 D000004 0
022 A000005 SANWA SECURITIES (USA) CO., LP
022 B000005 13-3046258
022 C000005 6445
022 D000005 0
022 A000006 MORGAN STANLEY & CO., INC.
022 B000006 13-2655998
022 C000006 2995
022 D000006 0
022 A000007 CHASE MANHATTAN BANK, N.A. (THE)
022 B000007 13-2633612
022 C000007 2988
022 D000007 0
022 A000008 GOLDMAN, SACHS & CO.
022 B000008 13-5108880
022 C000008 2562
022 D000008 0
022 A000009 MORGAN GUARANTY TRUST CO.
022 B000009 13-5123346
022 C000009 1522
022 D000009 0
022 A000010 BANK OF AMERICA NT & SA
022 B000010 94-1687665
022 C000010 1468
022 D000010 0
<PAGE> PAGE 3
023 C000000 76128
023 D000000 0
028 A010000 3376
028 A020000 24
028 A030000 0
028 A040000 2630
028 B010000 7482
028 B020000 42
028 B030000 0
028 B040000 4059
028 C010000 10623
028 C020000 71
028 C030000 0
028 C040000 7573
028 D010000 4214
028 D020000 63
028 D030000 0
028 D040000 3414
028 E010000 4476
028 E020000 63
028 E030000 0
028 E040000 3400
028 F010000 2194
028 F020000 81
028 F030000 0
028 F040000 5722
028 G010000 32365
028 G020000 344
028 G030000 0
028 G040000 26798
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 100
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 16
044 000000 0
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
062 A000000 Y
062 B000000 0.0
<PAGE> PAGE 4
062 C000000 91.9
062 D000000 8.2
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
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 17
063 B000000 0.0
064 A000000 Y
064 B000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 Y
<PAGE> PAGE 5
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 6
072 B000000 445
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 37
072 G000000 0
072 H000000 0
072 I000000 2
072 J000000 3
072 K000000 2
072 L000000 2
072 M000000 1
072 N000000 2
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 5
072 S000000 0
072 T000000 16
072 U000000 0
072 V000000 0
072 W000000 2
072 X000000 72
072 Y000000 0
072 Z000000 373
072AA000000 0
072BB000000 0
072CC010000 0
072CC020000 0
072DD010000 381
072DD020000 0
072EE000000 0
073 A010000 0.0224
073 A020000 0.0000
073 B000000 0.0007
073 C000000 0.0000
074 A000000 46
074 B000000 1400
074 C000000 15622
074 D000000 0
074 E000000 0
<PAGE> PAGE 6
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 43
074 M000000 2
074 N000000 17113
074 O000000 0
074 P000000 1
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 108
074 S000000 0
074 T000000 17004
074 U010000 17004
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 0.9999
074 X000000 290
074 Y000000 0
075 A000000 16660
075 B000000 0
076 000000 0.00
077 A000000 N
078 000000 N
SIGNATURE GEORGE C. BOWEN
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 811267
<NAME> CENTENNIAL AMERICA FUND, L.P.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 17,022,193
<INVESTMENTS-AT-VALUE> 17,022,193
<RECEIVABLES> 43,026
<ASSETS-OTHER> 1,469
<OTHER-ITEMS-ASSETS> 46,272
<TOTAL-ASSETS> 17,112,960
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 108,680
<TOTAL-LIABILITIES> 108,680
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,004,280
<SHARES-COMMON-STOCK> 17,004,280
<SHARES-COMMON-PRIOR> 11,093,483
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 17,004,280
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 444,962
<OTHER-INCOME> 0
<EXPENSES-NET> 72,382
<NET-INVESTMENT-INCOME> 372,580
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 372,580
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 380,777
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 32,365,442
<NUMBER-OF-SHARES-REDEEMED> 26,798,399
<SHARES-REINVESTED> 343,754
<NET-CHANGE-IN-ASSETS> 5,902,600
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 8,197
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 37,208
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 72,382
<AVERAGE-NET-ASSETS> 16,660,380
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.02
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.87
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
