<PAGE> PAGE 1
000 A000000 02/28/98
000 C000000 0000820537
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 J000000 A
001 A000000 THE HIGH YIELD INCOME FUND, INC.
001 B000000 811-5296
001 C000000 8004516788
002 A000000 100 MULBERRY STREET, GATEWAY CENTER 3
002 B000000 NEWARK
002 C000000 NJ
002 D010000 07102
002 D020000 4077
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008 A000001 THE PRUDENTIAL INVESTMENT CORPORATION
008 B000001 S
008 C000001 801-22808
008 D010001 NEWARK
008 D020001 NJ
008 D030001 07102
008 D040001 4077
010 A000001 PRUDENTIAL MUTUAL FUND MANAGEMENT, LLC
010 B000001 711-31104
010 C010001 NEWARK
010 C020001 NJ
010 C030001 07102
010 C040001 4077
011 A000001 PRUDENTIAL SECURITIES INCORPORATED
011 B000001 8-27154
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10292
<PAGE> PAGE 2
012 A000001 STATE STREET BANK AND TRUST COMPANY
012 B000001 85-5003
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
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022 A000001 BEAR, STERNS & CO. INC.
022 B000001 13-3299429
022 C000001 87303443
022 D000001 425738
022 A000002 CCREDIT SUISSE FIRST BOSTON CORPORATION
022 B000002 13-5659485
022 C000002 56394758
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022 A000003 SBC WARBURG DILLON READ INC.
022 B000003 13-0000000
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<PAGE> PAGE 3
022 C000004 43940438
022 D000004 0
022 A000005 SALOMON SMITH BARNEY
022 B000005 13-0000000
022 C000005 33987473
022 D000005 511375
022 A000006 MORGAN (J.P.) SECURITIES, INC.
022 B000006 13-0000000
022 C000006 24280006
022 D000006 324875
022 A000007 GOLDMAN, SACHS & CO.
022 B000007 13-5108880
022 C000007 21676298
022 D000007 1920263
022 A000008 UBS SECURITIES, LLC
022 B000008 13-0000000
022 C000008 10387862
022 D000008 0
022 A000009 LEHMAN BROTHERS, INC.
022 B000009 13-0000000
022 C000009 9247073
022 D000009 290800
022 A000010 DONALDSON, LUFKIN & JENRETTE SECURITIES
CORP.
022 B000010 13-2741729
022 C000010 3790875
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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SIGNATURE GRACE TORRES
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000820537
<NAME> THE HIGH YIELD INCOME FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> HIGH YIELD INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 101,692,743
<INVESTMENTS-AT-VALUE> 106,547,855
<RECEIVABLES> 2,681,917
<ASSETS-OTHER> 2,127
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 2,541,334
<SENIOR-LONG-TERM-DEBT> 20,000,000
<OTHER-ITEMS-LIABILITIES> 408,449
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 100,629,272
<SHARES-COMMON-STOCK> 11,197,719
<SHARES-COMMON-PRIOR> 11,157,762
<ACCUMULATED-NII-CURRENT> 63,828
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (19,266,096)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,855,112
<NET-ASSETS> (22,355,481)
<DIVIDEND-INCOME> 134,990
<INTEREST-INCOME> 5,135,071
<OTHER-INCOME> 0
<EXPENSES-NET> 1,132,346
<NET-INVESTMENT-INCOME> 4,137,715
<REALIZED-GAINS-CURRENT> 1,268,894
<APPREC-INCREASE-CURRENT> 15,385
<NET-CHANGE-FROM-OPS> 5,421,994
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,025,098)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 304,703
<NET-CHANGE-IN-ASSETS> 1,701,599
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (20,534,990)
<OVERDISTRIB-NII-PRIOR> (48,789)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 297,300
<INTEREST-EXPENSE> 660,590
<GROSS-EXPENSE> 1,132,346
<AVERAGE-NET-ASSETS> 85,383,000
<PER-SHARE-NAV-BEGIN> 7.58
<PER-SHARE-NII> 0.37
<PER-SHARE-GAIN-APPREC> 0.12
<PER-SHARE-DIVIDEND> (0.36)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 7.71
<EXPENSE-RATIO> 2.67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
For the six-month period ended (a) February 28, 1998
File number: 811-5296
SUB-ITEM 77C
Submission of Matters to a Vote of Security Holders
A Special Meeting of Shareholders was held on
December 9, 1997. At such meeting the shareholders
approved the following proposals:
a) Approval of the election of the following
Directors each to hold office until the
earlier to occur of (i) the next meeting of
Shareholders at which Directors are elected
and until his or her successor shall have
been duly elected and shall have qualified
or (ii) their terms expire in accordance
with the Fund's retirement policy:
Affirmative
Authority votes
cast Withheld
Class I
Mendel A. Melzer 8,956,501
210,758
Nancy Hays Teeters 8,952,434
214,824
Louis A. Weil, III 8,956,738
210,521
b) Approval of the selection of independent
accountants for the Fund conditioned upon
the right by vote of a majority of such
Fund's outstanding voting shares at any
meeting called for the purpose to terminate
such employment forthwith without penalties.
Affirmative Negative
votes cast votes cast
Abstain
8,950,071 120,721
96,467
