<PAGE> PAGE 1
000 A000000 02/28/95
000 C000000 0000820537
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE HIGH YIELD INCOME FUND, INC.
001 B000000 811-5296
001 C000000 2122141250
002 A000000 199 WATER STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10292
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 THE PRUDENTIAL INVESTMENT CORPORATION
008 B000001 S
008 C000001 801-22808
008 D010001 NEWARK
008 D020001 NJ
008 D030001 07101
008 A000002 DELETE
010 A000001 PRUDENTIAL MUTUAL FUND MANAGEMENT, INC.
010 B000001 811-31104
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10292
011 A000001 PRUDENTIAL SECURITIES INCORPORATED
011 B000001 8-27154
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10292
012 A000001 STATE STREET BANK AND TRUST COMPANY
012 B000001 85-5003
<PAGE> PAGE 2
012 C010001 NORTH QUINCY
012 C020001 MA
012 C030001 02171
013 A000001 PRICE WATERHOUSE LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 PRUDENTIAL SECURITIES INCORPORATED
014 B000001 8-27154
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 NORTH QUINCY
015 C020001 MA
015 C030001 02205
015 E010001 X
015 A000002 STATE STREET BANK AND TRUST COMPANY
015 B000002 S
015 C010002 LONDON
015 D010002 UNITED KINGDOM
015 E040002 X
018 000000 Y
019 A000000 Y
019 B000000 72
019 C000000 PRUDENTIAL
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 MITSUBISHI SECURITIES (USA), INC.
022 C000001 62313
022 D000001 0
022 A000002 FUJI BANK SECURITIES, INC.
022 C000002 34039
022 D000002 0
022 A000003 CHEMICAL SECURITIES, INC.
022 B000003 13-3379014
022 C000003 22322
022 D000003 1638
022 A000004 FIRST UNION NATIONAL BANK OF N.C.
022 B000004 56-0900030
022 C000004 20605
022 D000004 0
022 A000005 INDUSTRIAL BANK OF JAPAN TRUST
022 C000005 13868
<PAGE> PAGE 3
022 D000005 0
022 A000006 DAI-ICHI KANGYO BANK LIMITED
022 C000006 12189
022 D000006 0
022 A000007 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000007 13-2741729
022 C000007 7099
022 D000007 4696
022 A000008 GOLDMAN, SACHS & CO.
022 B000008 13-5108880
022 C000008 10271
022 D000008 1180
022 A000009 CS FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009 6994
022 D000009 4219
022 A000010 BEAR, STEARNS & CO., INC.
022 B000010 13-3299429
022 C000010 7888
022 D000010 2110
023 C000000 197588
023 D000000 13843
025 A000001 DELETE
025 D000001 0
025 A000002 DELETE
025 D000002 0
025 A000003 DELETE
025 D000003 0
025 A000004 DELETE
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
028 A010000 0
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 0
028 B020000 0
028 B030000 0
<PAGE> PAGE 4
028 B040000 0
028 C010000 0
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 0
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 0
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 0
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 0
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
035 000000 0
036 B000000 0
038 000000 0
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.700
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
<PAGE> PAGE 5
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 Y
055 B000000 Y
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
<PAGE> PAGE 6
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 119.2
062 Q000000 2.3
062 R000000 0.0
063 A000000 0
063 B000000 9.3
064 A000000 N
064 B000000 Y
065 000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
<PAGE> PAGE 7
070 O010000 Y
070 O020000 Y
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 37667
071 B000000 38947
071 C000000 92588
071 D000000 41
072 A000000 6
072 B000000 5730
072 C000000 145
072 D000000 0
072 E000000 0
072 F000000 262
072 G000000 0
072 H000000 0
072 I000000 27
072 J000000 60
072 K000000 0
072 L000000 25
072 M000000 20
072 N000000 13
072 O000000 0
072 P000000 636
072 Q000000 0
072 R000000 27
072 S000000 7
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 10
072 X000000 1087
072 Y000000 0
072 Z000000 4788
072AA000000 635
072BB000000 3021
072CC010000 0
072CC020000 846
072DD010000 4750
072DD020000 0
072EE000000 0
073 A010000 0.4400
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0800
074 A000000 0
074 B000000 0
<PAGE> PAGE 8
074 C000000 0
074 D000000 90222
074 E000000 974
074 F000000 708
074 G000000 0
074 H000000 0
074 I000000 77
074 J000000 5468
074 K000000 0
074 L000000 2405
074 M000000 8
074 N000000 99862
074 O000000 3328
074 P000000 74
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 20748
074 S000000 0
074 T000000 75712
074 U010000 10952
074 U020000 0
074 V010000 6.91
074 V020000 0.00
074 W000000 0.0000
074 X000000 0
074 Y000000 41059
075 A000000 0
075 B000000 75413
076 000000 7.63
077 A000000 Y
077 B000000 Y
077 C000000 Y
077 D000000 Y
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 Y
077 Q010000 Y
077 Q030000 N
080 C000000 0
081 B000000 0
<PAGE> PAGE 9
082 B000000 0
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
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON
087 A020000 429904105
087 A030000 HYI
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE GRACE C. TORRES
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000820537
<NAME> THE HIGH YIELD INCOME FUND, INC
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 97,492,553
<INVESTMENTS-AT-VALUE> 91,981,584
<RECEIVABLES> 7,8,72,684
<ASSETS-OTHER> 7,959
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 99,862,227
<PAYABLE-FOR-SECURITIES> 3,3328,382
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20,821,893
<TOTAL-LIABILITIES> 24,150,275
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 99,530,805
<SHARES-COMMON-STOCK> 10,951,633
<SHARES-COMMON-PRIOR> 10,808,185
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (15,388)
<ACCUMULATED-NET-GAINS> (18,292,496)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (5,510,969)
<NET-ASSETS> 75,711,952
<DIVIDEND-INCOME> 145,270
<INTEREST-INCOME> 5,729,783
<OTHER-INCOME> 0
<EXPENSES-NET> 1,086,649
<NET-INVESTMENT-INCOME> 4,788,404
<REALIZED-GAINS-CURRENT> (2,385,838)
<APPREC-INCREASE-CURRENT> (846,437)
<NET-CHANGE-FROM-OPS> 1,556,129
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,750,606)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 381,149
<NET-CHANGE-IN-ASSETS> (2,813,328)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 262,306
<INTEREST-EXPENSE> 635,312
<GROSS-EXPENSE> 189,031
<AVERAGE-NET-ASSETS> 75,413,000
<PER-SHARE-NAV-BEGIN> 7.21
<PER-SHARE-NII> 0.44
<PER-SHARE-GAIN-APPREC> (0.33)
<PER-SHARE-DIVIDEND> (0.44)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 6.91
<EXPENSE-RATIO> 2.91
<AVG-DEBT-OUTSTANDING> 20,000,000
<AVG-DEBT-PER-SHARE> 1.82
</TABLE>
For the six months ended (a) 2/28/93
File number (c) 811-5296
SUB-ITEM 77C
Submission of Matters to a Vote of Security Holders
An Annual Meeting of shareholders was called for December 7, 1994. At such
meeting the shareholders approved the following proposals:
a) Election of Directors.
Affirmative Negative
votes cast votes cast
Donald D. Lennox 7,261,217.605 155,469.263
Richard A. Redeker 7,265,125.813 151,561.055
b) To approve an amendment of the Fund's investment restriction limiting
the Fund's ability to invest in a security if the Fund would hold more
than 10% of any class of securities of an issuer.
Affirmative Negative
votes cast votes cast
5,202,438.192 228,990.321
c) Ratification of the selection of Price Waterhouse LLP as independent
public accountants for the fiscal year ending August 31, 1995.
Affirmative Negative
votes cast votes cast
6,695,192.908 64,883.583
d) In their discretion on any other business which may properly come
before the meeting or any adjournment thereof.
