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Form N-23C-1
Report for Calendar month Ending May 31, 2000
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Swiss Helvetia Fund, Inc.
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<CAPTION>
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Approximate asset value
Number of or approximate asset Name of
Date of each Identification of shares Price per coverage per share at Seller or of
transaction each security purchased share time of purchase Sellers Broker
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<S> <C> <C> <C> <C> <C>
Swiss Helvetia
Fund-(Cusip-
5/1/00 870875101) 5,000 13.5413 16.77 NYSE
5/2/00 (same) 12,000 13.8542 17.03 NYSE
5/3/00 (same) 25,000 13.8735 16.82 NYSE
5/4/00 (same) 5,300 13.625 16.80 NYSE
5/5/00 (same) 6,500 13.5625 16.82 NYSE
5/8/00 (same) 27,800 13.33 16.87 NYSE
5/9/00 (same) 5,000 13.5625 17.02 NYSE
5/10/00 (same) 7,800 13.625 17.04 NYSE
5/12/00 (same) 2,000 13.875 17.41 NYSE
5/15/00 (same) 2,700 13.875 17.46 NYSE
5/16/00 (same) 15,000 13.9792 17.12 NYSE
5/18/00 (same) 1,900 13.75 17.26 NYSE
5/19/00 (same) 6,600 13.75 17.08 NYSE
5/25/00 (same) 5,600 13.875 17.48 NYSE
5/26/00 (same) 5,600 13.875 17.60 NYSE
Total 133,800
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