<PAGE> PAGE 1
000 A000000 06/30/98
000 C000000 0000812576
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 LEXINGTON GLOBAL CORPORATE LEADERS FUND, INC.
001 B000000 811-5113
001 C000000 2018457300
002 A000000 PARK 80 WEST PLAZA TWO
002 B000000 SADDLE BROOK
002 C000000 NJ
002 D010000 07663
002 D020000 9990
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 LEXINGTON MANAGEMENT CORPORATION
008 B000001 A
008 C000001 801-8281
008 D010001 SADDLE BROOK
008 D020001 NJ
008 D030001 07663
008 D040001 9990
010 A000001 LEXINGTON MANAGEMENT CORPORATION
010 B000001 8281
010 C010001 SADDLE BROOK
010 C020001 NJ
010 C030001 07663
011 A000001 LEXINGTON FUNDS DISTRIBUTOR, INC.
011 B000001 8-24850
011 C010001 SADDLE BROOK
011 C020001 NJ
011 C030001 07663
011 C040001 9990
<PAGE> PAGE 2
012 A000001 STATE STREET BANK & TRUST COMPANY C/O NFDS
012 B000001 84-1078
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64105
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10154
014 A000001 LEXINGTON FUNDS DISTRIBUTOR, INC.
014 B000001 8-24850
015 A000001 CHASE MANHATTAN BANK, N.A.
015 B000001 C
015 C010001 BROOKLYN
015 C020001 NY
015 C030001 11245
015 E040001 X
018 000000 Y
019 A000000 Y
019 B000000 18
019 C000000 :LEXINGTON
020 A000001 TIEDEMAN SECURITIES
020 B000001 13-3506065
020 C000001 12
020 A000002 WERTHEIM AND CO.
020 B000002 13-2697272
020 C000002 10
020 A000003 MERRIL LYNCH AND CO.
020 B000003 13-5674085
020 C000003 8
020 A000004 NOMURA SECURITIES
020 B000004 13-2642206
020 C000004 8
020 A000005 C S FIRST BOSTON
020 B000005 13-5659485
020 C000005 7
020 A000006 AUTRANET, INC.
020 B000006 13-2961507
020 C000006 6
020 A000007 ALFRED BERG
020 C000007 6
020 A000008 SBC WARBURG
020 B000008 13-3340045
020 C000008 5
020 A000009 CROSBY SECURITIES
020 B000009 13-3431728
020 C000009 5
020 A000010 JEFFREIS AND CO. INC.
020 B000010 95-2622900
020 C000010 4
021 000000 123
<PAGE> PAGE 3
022 A000001 SHEARSON LEHMAN BROTHERS
022 B000001 13-2518466
022 C000001 723344
022 D000001 0
022 A000002 CAPITAL INSTITUTIONAL SERVICES
022 B000002 75-1565705
022 C000002 6770
022 D000002 0
022 A000003 BRUSNWICK
022 B000003 13-2730828
022 C000003 2528
022 D000003 0
022 A000004 CHASE MANHATTAN BANK
022 B000004 13-3112953
022 C000004 244
022 D000004 503
022 A000005 CROSBY SECURITIES
022 B000005 13-3431728
022 C000005 0
022 D000005 2
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 732886
023 D000000 505
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
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
<PAGE> PAGE 4
028 A010000 99
028 A020000 0
028 A030000 0
028 A040000 680
028 B010000 569
028 B020000 0
028 B030000 0
028 B040000 476
028 C010000 2225
028 C020000 0
028 C030000 0
028 C040000 13709
028 D010000 154
028 D020000 0
028 D030000 0
028 D040000 528
028 E010000 186
028 E020000 0
028 E030000 0
028 E040000 266
028 F010000 29
028 F020000 0
028 F030000 0
028 F040000 205
028 G010000 3262
028 G020000 0
028 G030000 0
028 G040000 15864
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
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 1000
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
<PAGE> PAGE 5
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
066 A000000 Y
066 B000000 N
066 C000000 Y
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 Y
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 N
<PAGE> PAGE 6
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 17471
071 B000000 26746
071 C000000 29593
071 D000000 119
072 A000000 6
072 B000000 89
072 C000000 297
072 D000000 0
072 E000000 0
072 F000000 159
072 G000000 0
072 H000000 0
072 I000000 27
072 J000000 40
072 K000000 0
072 L000000 21
072 M000000 9
072 N000000 9
072 O000000 0
072 P000000 0
072 Q000000 17
072 R000000 10
072 S000000 2
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 11
072 X000000 305
072 Y000000 0
072 Z000000 81
072AA000000 3761
072BB000000 0
072CC010000 923
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 461
<PAGE> PAGE 7
074 B000000 0
074 C000000 0
074 D000000 1970
074 E000000 475
074 F000000 24452
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 363
074 K000000 0
074 L000000 44
074 M000000 8
074 N000000 27773
074 O000000 407
074 P000000 23
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 96
074 S000000 0
074 T000000 27247
074 U010000 2268
074 U020000 0
074 V010000 12.01
074 V020000 0.00
074 W000000 0.0000
074 X000000 670
074 Y000000 2510
075 A000000 0
075 B000000 32087
076 000000 0.00
077 A000000 N
078 000000 N
080 A000000 CHUBB GROUP OF INSURANCE COMPANIES
080 C000000 7375
081 A000000 Y
081 B000000 16
082 A000000 Y
082 B000000 25
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
<PAGE> PAGE 8
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE PETER CORNIOTES
TITLE ASSISTANT SECRETAY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The Schedule contains summary financial information extracted from
semi-annual financial statements dated June 30, 1998 and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 23,648,189
<INVESTMENTS-AT-VALUE> 26,896,604
<RECEIVABLES> 391,184
<ASSETS-OTHER> 484,715
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 27,772,503
<PAYABLE-FOR-SECURITIES> 406,797
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 118,528
<TOTAL-LIABILITIES> 525,325
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20,561,432
<SHARES-COMMON-STOCK> 2,268,249
<SHARES-COMMON-PRIOR> 3,314,579
<ACCUMULATED-NII-CURRENT> 43,004
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,387,794
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,254,948
<NET-ASSETS> 27,247,178
<DIVIDEND-INCOME> 337,558
<INTEREST-INCOME> 88,840
<OTHER-INCOME> (40,546)
<EXPENSES-NET> 304,656
<NET-INVESTMENT-INCOME> 81,196
<REALIZED-GAINS-CURRENT> 3,760,343
<APPREC-INCREASE-CURRENT> 923,060
<NET-CHANGE-FROM-OPS> 4,764,599
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 278,348
<NUMBER-OF-SHARES-REDEEMED> 1,324,678
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (12,602,716)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (38,192)
<OVERDIST-NET-GAINS-PRIOR> (372,549)
<GROSS-ADVISORY-FEES> 159,117
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 304,656
<AVERAGE-NET-ASSETS> 32,086,859
<PER-SHARE-NAV-BEGIN> 10.59
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 1.39
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.01
<EXPENSE-RATIO> 1.91
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
