SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
ARGENTINA FUND INC (AF)
(Name of Issuer)
COUNTRY FUND
040112104
(CUSIP Number)
Check the following Box if a fee is being paid with this statement [_]
1) Names of Reporting Persons, SS or IRS Identification Nos. of Above Persons:
OTR - Nominee Name for The State Teachers Retirement Board of Ohio, 31-1312155
2) Check the appropriate box if a member of a group* (a) [_] (b) [_]
3) SEC Use Only
4) Citizenship or Place of Organization
Columbus, Ohio
Number of Shares Beneficially Owned by Each Reporting Person With...
5) Sole Voting Power.............. 1112000
6) Shared Voting Power.........
7) Sole Dispositive Power......... 1112000
8) Shared Dispositive Power...
9) Aggregate Amount Beneficially Owned by Each Reporting Person.... 1112000
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares* [_]
11) Percent of Class Represented by Amount in Row (9)........ 11.96%
12) Type of Reporting Person*.......... EP
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SCHEDULE 13G
Item 1 (a) Name of Issuer
This Statement on Schedule 13G relates to the shares of COM
STOCK of ARGENTINA FUND INC.
(b) Address of Issuer's Principal Executive Offices:
345 PARK AVENUE
NEW YORK, N.Y. 10154
Item 2 (a) Name of Person Filing: This Statement is filed by OTR nominee for
The State Teachers Retirement Board of Ohio (STRS).
(b) Address of Principal Business Office: The business address of STRS
is 275 East Broad Street, Columbus, Ohio 43215.
(c) Citizenship: Not Applicable
(d) Title of Class of Securities: The securities are shares of COM
STOCK.
Item 3 Type of Person Filing: STRS is an employee benefit plan
established for teachers of the public schools of Ohio to provide
retirement allowances and other benefits under the terms of
Chapter 3307 of the Ohio Revised Code.
Item 4 OWNERSHIP
(a) Amount Beneficially Owned: STRS owns 1112000 shares of
ARGENTINA FUND INC Country Fund.
(b) Percent of Class: STRS believes that there are presently 9300000
outstanding shares of ARGENTINA FUND INC Country Fund; therefore,
STRS' ownership of 1112000 shares of ARGENTINA FUND
COM stock is 11.96 percent of this class.
(c) Number of Shares As To Which Such Person Has Power:
STRS has both (i) sole power to vote or to direct the vote and
(iii) sole power to dispose or to direct the disposition of 1112000
shares of ARGENTINA FUND COM stock.
Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable.
Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable.
Item 7 IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY
THE PARENT HOLDING COMPANY.
Not Applicable.
Item 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable.
Item 9 NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
Item 10 CERTIFICATION
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of, and do not have the effect of,
changing or influencing the control of the issuer of such securities, and
were not acquired in connection with, or as a participant in, any
transaction having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Dated: 12/31/98
OTR, nominee name for The State Teachers Retirement Board of Ohio
275 East Broad Street, Columbus, Ohio 43215, Telephone: 614-227-4003
Signature
/s/ STEPHEN A. MITCHELL
...................................
STEPHEN A. MITCHELL
DEPUTY EXECUTIVE DIRECTOR, INVESTMENTS
