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PAGE 4
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PAGE 5
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PAGE 6
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PAGE 7
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PAGE 8
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PAGE 9
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PAGE 10
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<PAGE>
PAGE 11
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<PAGE>
PAGE 12
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<PAGE>
PAGE 13
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<PAGE>
PAGE 14
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<PAGE>
PAGE 15
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PAGE 16
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PAGE 17
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<PAGE>
PAGE 18
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015 A000211 DEN DANSKE BANK
015 B000211 S
015 C010211 COPENHAGEN
015 D010211 DENMARK
015 D020211 1092
015 E040211 X
015 A000212 MERITA BANK LTD
015 B000212 S
015 C010212 HELSINKI
015 D010212 FINLAND
015 D020212 00100
015 E040212 X
015 A000213 BANQUE PARIBAS
015 B000213 S
015 C010213 PARIS
015 D010213 FRANCE
015 D020213 75078
015 E040213 X
015 A000214 DRESDNER BANK
015 B000214 S
015 C010214 FRANKFURT
015 D010214 GERMANY
015 D020214 60301
015 E040214 X
015 A000215 MERCHANT BANK OF GHANA LTD.
015 B000215 S
015 C010215 ACCRA
015 D010215 GHANA
015 E040215 X
015 A000216 NATIONAL BANK OF GREECE
015 B000216 S
015 C010216 ATHENS
015 D010216 GREECE
015 D020216 102 32
015 E040216 X
015 A000217 HONG KONG AND SHANGHAI BANKING CORP.
<PAGE>
PAGE 19
015 B000217 S
015 C010217 HONG KONG
015 D010217 HONG KONG
015 E040217 X
015 A000218 THE HONKONG AND SHANGHAI BANKING CORP
015 B000218 S
015 C010218 JAKARTA
015 D010218 INDONESIA
015 D020218 10023
015 E040218 X
015 A000219 ALLIED IRISH BANKS PLC
015 B000219 S
015 C010219 DUBLIN
015 D010219 IRELAND
015 D020219 1
015 E040219 X
015 A000220 BANCA COMMERCIALE ITALIANA
015 B000220 S
015 C010220 MILANO
015 D010220 ITALY
015 D020220 20121
015 E040220 X
015 A000221 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B000221 S
015 C010221 ABIDJAN
015 D010221 IVORY COAST
015 D020221 10 BP 1355
015 E040221 X
015 A000222 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000222 S
015 C010222 TOKYO
015 D010222 JAPAN
015 D020222 1030021
015 E040222 X
015 A000223 THE BRITISH BANK OF THE MIDDLE EAST
015 B000223 S
015 C010223 AMMAN
015 D010223 JORDAN
015 E040223 X
015 A000224 STANBIC BANK KENYA LTD.
015 B000224 S
015 C010224 NAIROBI
015 D010224 KENYA
015 E040224 X
015 A000225 BANQUE INTERNATIONALE A LUXEMBOURG
015 B000225 S
015 C010225 LUXEMBOURG
015 D010225 LUXEMBOURG
015 D020225 2953
015 E040225 X
015 A000226 HONG KONG BANK MALAYSIA BERHAD
<PAGE>
PAGE 20
015 B000226 S
015 C010226 KUALA LUMPUR
015 D010226 MALAYSIA
015 D020226 50100
015 E040226 X
015 A000227 BANCO NACIONAL DE MEXICO
015 B000227 S
015 C010227 MEXICO, D.F.
015 D010227 MEXICO
015 D020227 01Z10
015 E040227 X
015 A000228 BANQUE COMMERCIALE DU MAROC
015 B000228 S
015 C010228 CASABLANCA
015 D010228 MOROCCO
015 D020228 20000
015 E040228 X
015 A000229 STANBIC BANK NAMIBIA LTD
015 B000229 S
015 C010229 WINDHOEK
015 D010229 NAMIBIA
015 E040229 X
015 A000230 THE HONG KONG AND SHANGHAI BANKING CORP
015 B000230 S
015 C010230 PORT LOUIS
015 D010230 MAURITIUS
015 E040230 X
015 A000231 DEN NORSKE BANK ASA
015 B000231 S
015 C010231 OSLO
015 D010231 NORWAY
015 D020231 N-0107
015 E040231 X
015 A000232 MEES PIERSON
015 B000232 S
015 C010232 AMSTERDAM
015 D010232 NETHERLANDS
015 D020232 1012 KK
015 E040232 X
015 A000233 ANZ BANKING GROUP LIMITED
015 B000233 S
015 C010233 WELLINGTON
015 D010233 NEW ZEALAND
015 E040233 X
015 A000234 STANDARD CHARTERED BANK
015 B000234 S
015 C010234 KARACHI
015 D010234 PAKISTAN
015 D020234 74000
015 E040234 X
015 A000235 CITIBANK N.A.
<PAGE>
PAGE 21
015 B000235 S
015 C010235 LIMA
015 D010235 PERU
015 D020235 27
015 E040235 X
015 A000236 HONG KONG AND SHANGHAI BANKING CORP
015 B000236 S
015 C010236 PASIG CITY
015 D010236 PHILIPPINES
015 E040236 X
015 A000237 BANCO COMERCIAL PORTUGUES
015 B000237 S
015 C010237 LISBON
015 D010237 PORTUGAL
015 D020237 1100
015 E040237 X
015 A000238 THE BRITISH BANK OF THE MIDDLE EAST
015 B000238 S
015 C010238 RUWI
015 D010238 OMAN
015 D020238 112
015 E040238 X
015 A000239 UNITED OVERSEAS BANK
015 B000239 S
015 C010239 SINGAPORE
015 D010239 SINGAPORE
015 D020239 048624
015 E040239 X
015 A000240 STANDARD BANK OF SOUTH AFRICA
015 B000240 S
015 C010240 JOHANNESBURG
015 D010240 SOUTH AFRICA
015 D020240 2001
015 E040240 X
015 A000241 STANDARD CHARTERED BANK
015 B000241 S
015 C010241 SEOUL
015 D010241 SOUTH KOREA
015 E040241 X
015 A000242 BANCO BILBAO VIZCAYA
015 B000242 S
015 C010242 MADRID
015 D010242 SPAIN
015 D020242 28046
015 E040242 X
015 A000243 STANBIC BANK SWAZILAND LTD
015 B000243 S
015 C010243 M'BABANE
015 D010243 SWAZILAND
015 E040243 X
015 A000244 SKANDINAVISKA ENSKILDA BANKEN
<PAGE>
PAGE 22
015 B000244 S
015 C010244 STOCKHOLM
015 D010244 SWEDEN
015 D020244 10640
015 E040244 X
015 A000245 UNION BANK OF SWITZERLAND
015 B000245 S
015 C010245 ZURICH
015 D010245 SWITZERLAND
015 E040245 X
015 A000246 SIAM COMMERCIAL BANK
015 B000246 S
015 C010246 BANGKOK
015 D010246 THAILAND
015 D020246 10900
015 E040246 X
015 A000247 OTTOMAN BANK
015 B000247 S
015 C010247 KARAKOY-ISTANBUL
015 D010247 TURKEY
015 D020247 80000
015 E040247 X
015 A000248 THE BANK OF NEW YORK
015 B000248 S
015 C010248 LONDON
015 D010248 UNITED KINGDOM
015 D020248 EC4M 6YE
015 E040248 X
015 A000249 THE BANK OF NEW YORK
015 B000249 C
015 C010249 NEW YORK
015 C020249 NY
015 C030249 10286
015 E010249 X
015 A000250 BANKBOSTON, N.A.
015 B000250 S
015 C010250 MONTEVIDEO
015 D010250 URUGUAY
015 E040250 X
015 A000251 STANBIC BANK ZAMBIA LTD
015 B000251 S
015 C010251 LUSAKA
015 D010251 ZAMBIA
015 E040251 X
015 A000252 STANBIC BANK ZIMBABWE LTD
015 B000252 S
015 C010252 HARARE
015 D010252 ZIMBABWE
015 E040252 X
024 000200 Y
025 A000201 MORGAN STANLEY & CO. INC.
<PAGE>
PAGE 23
025 B000201 13-2655998
025 C000201 E
025 D000201 90205
025 A000202 BEAR STEARNS & CO. INC.
025 B000202 13-4946705
025 C000202 E
025 D000202 10153
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 105942
028 A020200 0
028 A030200 0
028 A040200 76812
028 B010200 103700
028 B020200 0
028 B030200 0
028 B040200 90291
028 C010200 114773
028 C020200 0
028 C030200 0
028 C040200 100763
028 D010200 106051
028 D020200 0
028 D030200 0
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028 E010200 84975
028 E020200 0
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028 F010200 83402
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028 G010200 598843
028 G020200 0
028 G030200 0
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028 H000200 214896
029 000200 Y
030 A000200 5881
030 B000200 4.50
030 C000200 0.00
031 A000200 112
031 B000200 0
032 000200 5769
033 000200 0
034 000200 Y
<PAGE>
PAGE 24
035 000200 70
036 A000200 Y
036 B000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 Y
041 000200 Y
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 100
043 000200 2528
044 000200 553
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.600
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
<PAGE>
PAGE 25
060 B000200 Y
061 000200 1000
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 N
066 E000200 Y
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 Y
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 Y
070 Q020200 N
070 R010200 Y
070 R020200 Y
071 A000200 1579118
071 B000200 1294121
<PAGE>
PAGE 26
071 C000200 5155393
071 D000200 25
072 A000200 6
072 B000200 38727
072 C000200 64013
072 D000200 0
072 E000200 0
072 F000200 18803
072 G000200 2441
072 H000200 0
072 I000200 2143
072 J000200 362
072 K000200 0
072 L000200 279
072 M000200 57
072 N000200 232
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072 P000200 0
072 Q000200 0
072 R000200 17
072 S000200 78
072 T000200 2528
072 U000200 0
072 V000200 0
072 W000200 2
072 X000200 26942
072 Y000200 1099
072 Z000200 76897
072AA000200 348045
072BB000200 41079
072CC010200 114285
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 37758
074 B000200 0
074 C000200 868828
074 D000200 159599
074 E000200 70490
074 F000200 5225660
074 G000200 0
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<PAGE>
PAGE 27
074 M000200 103776
074 N000200 6603312
074 O000200 33530
074 P000200 4481
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074 R010200 0
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074 R030200 0
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074 S000200 0
074 T000200 6408738
074 U010200 272865
074 U020200 52642
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 234638
074 Y000200 193270
075 A000200 0
075 B000200 6322476
076 000200 0.00
015 A000301 BANKBOSTON, N.A.
015 B000301 S
015 C010301 BUENOS AIRES
015 D010301 ARGENTINA
015 D020301 1005
015 E040301 X
015 A000302 NATIONAL AUSTRALIA BANK
015 B000302 S
015 C010302 MELBOURNE
015 D010302 AUSTRALIA
015 D020302 3000
015 E040302 X
015 A000303 CREDITANSTALT BANKVERIEN AG
015 B000303 S
015 C010303 VIENNA
015 D010303 AUSTRIA
015 D020303 1090
015 E040303 X
015 A000304 BANQUE BRUXELLES LAMBERT
015 B000304 S
015 C010304 BRUSSELS
015 D010304 BELGIUM
015 D020304 1040
015 E040304 X
015 A000305 THE BANK OF BERMUDA
015 B000305 S
015 C010305 HAMILTON
015 D010305 BERMUDA
015 E040305 X
015 A000306 STANBIC BANK BOTSWANA
<PAGE>
PAGE 28
015 B000306 S
015 C010306 GABORONE
015 D010306 BOTSWANA
015 D020306 00168
015 E040306 X
015 A000307 BANKBOSTON, N.A.
015 B000307 S
015 C010307 SAO PAULO
015 D010307 BRAZIL
015 D020307 01009-000
015 E040307 X
015 A000308 THE BRITISH BANK OF THE MIDDLE EAST-MANAMA
015 B000308 S
015 C010308 MANAMA
015 D010308 BAHRAIN
015 D020308 304
015 E040308 X
015 A000309 ROYAL BANK OF CANADA
015 B000309 S
015 C010309 TORONTO
015 D010309 CANADA
015 D020309 M5J 2J5
015 E040309 X
015 A000310 BANK OF CYPRUS
015 B000310 S
015 C010310 NICOSIA
015 D010310 CYPRUS
015 D020310 1160
015 E040310 X
015 A000311 DEN DANSKE BANK
015 B000311 S
015 C010311 COPENHAGEN
015 D010311 DENMARK
015 D020311 1092
015 E040311 X
015 A000312 MERITA BANK LTD
015 B000312 S
015 C010312 HELSINKI
015 D010312 FINLAND
015 D020312 00100
015 E040312 X
015 A000313 BANQUE PARIBAS
015 B000313 S
015 C010313 PARIS
015 D010313 FRANCE
015 D020313 75078
015 E040313 X
015 A000314 DRESDNER BANK
015 B000314 S
015 C010314 FRANKFURT
015 D010314 GERMANY
<PAGE>
PAGE 29
015 D020314 60301
015 E040314 X
015 A000315 MERCHANT BANK OF GHANA LTD
015 B000315 S
015 C010315 ACCRA
015 D010315 GHANA
015 E040315 X
015 A000316 NATIONAL BANK OF GREECE
015 B000316 S
015 C010316 ATHENS
015 D010316 GREECE
015 D020316 102 32
015 E040316 X
015 A000317 HONG KONG AND SHANGHAI BANKING CORP
015 B000317 S
015 C010317 HONG KONG
015 D010317 HONG KONG
015 E040317 X
015 A000318 HONG KONG AND SHANGHAI BANKING CORP
015 B000318 S
015 C010318 JAKARTA
015 D010318 INDONESIA
015 D020318 10023
015 E040318 X
015 A000319 ALLIED IRISH BANKS PLC
015 B000319 S
015 C010319 DUBLIN
015 D010319 IRELAND
015 D020319 1
015 E040319 X
015 A000320 BANCA COMMERCIALE ITALIANA
015 B000320 S
015 C010320 MILANO
015 D010320 ITALY
015 D020320 20121
015 E040320 X
015 A000321 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B000321 S
015 C010321 ABIDJAN
015 D010321 IVORY COAST
015 D020321 10 BP 1355
015 E040321 X
015 A000322 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000322 S
015 C010322 TOKYO
015 D010322 JAPAN
015 D020322 1030021
015 E040322 X
015 A000323 THE BRITISH BANK OF THE MIDDLE EAST
015 B000323 S
015 C010323 AMMAN
<PAGE>
PAGE 30
015 D010323 JORDAN
015 E040323 X
015 A000324 STANBIC BANK KENYA LTD
015 B000324 S
015 C010324 NAIROBI
015 D010324 KENYA
015 E040324 X
015 A000325 HONG KONG AND SHANGHAI BANKING CORP
015 B000325 S
015 C010325 PORT LOUIS
015 D010325 MAURITIUS
015 E040325 X
015 A000326 BANQUE INTERNATIONALE A LUXEMBOURG
015 B000326 S
015 C010326 LUXEMBOURG
015 D010326 LUXEMBOURG
015 D020326 2953
015 E040326 X
015 A000327 HONG KONG BANK MALAYSIA BERHAD
015 B000327 S
015 C010327 KUALA LUMPUR
015 D010327 MALAYSIA
015 D020327 50100
015 E040327 X
015 A000328 BANCO NACIONAL DE MEXICO
015 B000328 S
015 C010328 MEXICO, D.F.
015 D010328 MEXICO
015 D020328 01Z10
015 E040328 X
015 A000329 BANQUE COMMERCIALE DU MAROC
015 B000329 S
015 C010329 CASABLANCA
015 D010329 MOROCCO
015 D020329 20000
015 E040329 X
015 A000330 STANBIC BANK OF NAMIBIA LTD
015 B000330 S
015 C010330 WINDHOEK
015 D010330 NAMIBIA
015 E040330 X
015 A000331 THE BRITISH BANK OF THE MIDDLE EAST
015 B000331 S
015 C010331 RUWI
015 D010331 OMAN
015 D020331 112
015 E040331 X
015 A000332 MEES PIERSON
015 B000332 S
015 C010332 AMSTERDAM
015 D010332 NETHERLANDS
<PAGE>
PAGE 31
015 E040332 X
015 A000333 ANZ BANKING GROUP LIMITED
015 B000333 S
015 C010333 WELLINGTON
015 D010333 NEW ZEALAND
015 E040333 X
015 A000334 DEN NORSKE BANK
015 B000334 S
015 C010334 OSLO
015 D010334 NORWAY
015 D020334 N-0107
015 E040334 X
015 A000335 CITIBANK N.A.
015 B000335 S
015 C010335 LIMA
015 D010335 PERU
015 D020335 27
015 E040335 X
015 A000336 HONG KONG AND SHANGHAI BANKING CORP
015 B000336 S
015 C010336 PASIG CITY
015 D010336 PHILIPPINES
015 E040336 X
015 A000337 BANCO COMERCIAL PORTUGUES
015 B000337 S
015 C010337 LISBON
015 D010337 PORTUGAL
015 D020337 1100
015 E040337 X
015 A000338 UNITED OVERSEAS BANK
015 B000338 S
015 C010338 SINGAPORE
015 D010338 SINGAPORE
015 D020338 048624
015 E040338 X
015 A000339 STANDARD BANK OF SOUTH AFRICA
015 B000339 S
015 C010339 JOHANNESBURG
015 D010339 SOUTH AFRICA
015 D020339 2001
015 E040339 X
015 A000340 STANDARD CHARTERED BANK
015 B000340 S
015 C010340 SEOUL
015 D010340 SOUTH KOREA
015 E040340 X
015 A000341 BANCO BILBAO VIZCAYA
015 B000341 S
015 C010341 MADRID
015 D010341 SPAIN
015 D020341 28046
<PAGE>
PAGE 32
015 E040341 X
015 A000342 STANBIC BANK SWAZILAND LTD
015 B000342 S
015 C010342 M'BABANE
015 D010342 SWAZILAND
015 E040342 X
015 A000343 SKANDINAVISKA ENSKILDA BANKEN
015 B000343 S
015 C010343 STOCKHOLM
015 D010343 SWEDEN
015 D020343 10640
015 E040343 X
015 A000344 UNION BANK OF SWITZERLAND
015 B000344 S
015 C010344 ZURICH
015 D010344 SWITZERLAND
015 E040344 X
015 A000345 SIAM COMMERCIAL BANK
015 B000345 S
015 C010345 BANGKOK
015 D010345 THAILAND
015 D020345 10900
015 E040345 X
015 A000346 OTTOMAN BANK
015 B000346 S
015 C010346 KARAKOY-ISTANBUL
015 D010346 TURKEY
015 D020346 80000
015 E040346 X
015 A000347 THE BANK OF NEW YORK
015 B000347 S
015 C010347 LONDON
015 D010347 UNITED KINGDOM
015 D020347 EC4M 6YE
015 E040347 X
015 A000348 THE BANK OF NEW YORK
015 B000348 C
015 C010348 NEW YORK
015 C020348 NY
015 C030348 10286
015 E010348 X
015 A000349 BANKBOSTON, N.A.
015 B000349 S
015 C010349 MONTEVIDEO
015 D010349 URUGUAY
015 E040349 X
015 A000350 STANBIC BANK ZAMBIA LTD
015 B000350 S
015 C010350 LUSAKA
015 D010350 ZAMBIA
015 E040350 X
<PAGE>
PAGE 33
015 A000351 STANBIC BANK OF ZIMBABWE LTD
015 B000351 S
015 C010351 HARARE
015 D010351 ZIMBABWE
015 E040351 X
024 000300 Y
025 A000301 MORGAN STANLEY & CO. INC.
025 B000301 13-2655998
025 C000301 E
025 D000301 80136
025 A000302 BEAR STEARNS & CO. INC.
025 B000302 13-4946705
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<PAGE>
PAGE 34
030 B000300 4.50
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032 000300 5966
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034 000300 Y
035 000300 113
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039 000300 N
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041 000300 Y
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<PAGE>
PAGE 35
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
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059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 1000
066 A000300 Y
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070 I020300 N
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<PAGE>
PAGE 36
070 P020300 N
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<PAGE>
PAGE 37
074 F000300 6020665
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015 A000401 BANKBOSTON, N.A.
015 B000401 S
015 C010401 BUENOS AIRES
015 D010401 ARGENTINA
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015 E040401 X
015 A000402 NATIONAL AUSTRALIA BANK
015 B000402 S
015 C010402 MELBOURNE
015 D010402 AUSTRALIA
015 D020402 3000
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015 A000403 CREDITANSTALT BANKVERIEN AG
015 B000403 S
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015 D010403 AUSTRIA
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015 A000404 BANQUE BRUXELLES LAMBERT
015 B000404 S
015 C010404 BRUSSELS
015 D010404 BELGIUM
015 D020404 1040
<PAGE>
PAGE 38
015 E040404 X
015 A000405 THE BANK OF BERMUDA
015 B000405 S
015 C010405 HAMILTON
015 D010405 BERMUDA
015 E040405 X
015 A000406 STANBIC BANK OF BOTSWANA
015 B000406 S
015 C010406 GABORONE
015 D010406 BOTSWANA
015 D020406 00168
015 E040406 X
015 A000407 BANKBOSTON, N.A.
015 B000407 S
015 C010407 SAO PAULO
015 D010407 BRAZIL
015 D020407 01009-000
015 E040407 X
015 A000408 THE BRITISH BANK OF THE MIDDLE EAST
015 B000408 S
015 C010408 MANAMA
015 D010408 BAHRAIN
015 D020408 304
015 E040408 X
015 A000409 ROYAL BANK OF CANADA
015 B000409 S
015 C010409 TORONTO
015 D010409 CANADA
015 D020409 M5J 2J5
015 E040409 X
015 A000410 BANK OF CYPRUS
015 B000410 S
015 C010410 NICOSIA
015 D010410 CYPRUS
015 D020410 1160
015 E040410 X
015 A000411 DEN DANSKE BANK
015 B000411 S
015 C010411 COPENHAGEN
015 D010411 DENMARK
015 D020411 1092
015 E040411 X
015 A000412 MERITA BANK LTD
015 B000412 S
015 C010412 HELSINKI
015 D010412 FINLAND
015 D020412 00100
015 E040412 X
015 A000413 BANQUE PARIBUS
015 B000413 S
015 C010413 PARIS
<PAGE>
PAGE 39
015 D010413 FRANCE
015 D020413 75078
015 E040413 X
015 A000414 DRESDNER BANK
015 B000414 S
015 C010414 FRANKFURT
015 D010414 GERMANY
015 D020414 60301
015 E040414 X
015 A000415 MERCHANT BANK OF GHANA LTD
015 B000415 S
015 C010415 ACCRA
015 D010415 GHANA
015 E040415 X
015 A000416 NATIONAL BANK OF GREECE
015 B000416 S
015 C010416 ATHENS
015 D010416 GREECE
015 D020416 102 32
015 E040416 X
015 A000417 HONG KONG AND SHANGHAI BANKING CORP
015 B000417 S
015 C010417 HONG KONG
015 D010417 HONG KONG
015 E040417 X
015 A000418 HONG KONG AND SHANGHAI BANKING CORP
015 B000418 S
015 C010418 JAKARTA
015 D010418 INDONESIA
015 D020418 10023
015 E040418 X
015 A000419 ALLIED IRISH BANKS PLC
015 B000419 S
015 C010419 DUBLIN
015 D010419 IRELAND
015 D020419 1
015 E040419 X
015 A000420 BANCA COMMERCIALE ITALIANA
015 B000420 S
015 C010420 MILANO
015 D010420 ITALY
015 D020420 20121
015 E040420 X
015 A000421 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B000421 S
015 C010421 ABIDJAN
015 D010421 IVORY COAST
015 D020421 10 BP 1355
015 E040421 X
015 A000422 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000422 S
<PAGE>
PAGE 40
015 C010422 TOKYO
015 D010422 JAPAN
015 D020422 1030021
015 E040422 X
015 A000423 THE BRITISH BANK OF THE MIDDLE EAST
015 B000423 S
015 C010423 AMMAN
015 D010423 JORDAN
015 E040423 X
015 A000424 STANBIC BANK OF KENYA
015 B000424 S
015 C010424 NAIROBI
015 D010424 KENYA
015 E040424 X
015 A000425 BANQUE INTERNATIONALE A LUXEMBOURG
015 B000425 S
015 C010425 LUXEMBOURG
015 D010425 LUXEMBOURG
015 D020425 2953
015 E040425 X
015 A000426 HONG KONG BANK MALAYSIA BERHAD
015 B000426 S
015 C010426 KUALA LUMPUR
015 D010426 MALAYSIA
015 D020426 50100
015 E040426 X
015 A000427 BANCO NACIONAL DE MEXICO
015 B000427 S
015 C010427 MEXICO, D.F.
015 D010427 MEXICO
015 D020427 01Z10
015 E040427 X
015 A000428 BANQUE COMMERCIALE DU MAROC
015 B000428 S
015 C010428 CASABLANCA
015 D010428 MOROCCO
015 D020428 20000
015 E040428 X
015 A000429 STANBIC BANK NAMIBIA LTD
015 B000429 S
015 C010429 WINDHOEK
015 D010429 NAMIBIA
015 E040429 X
015 A000430 HONG KONG AND SHANGHAI BANKING
015 B000430 S
015 C010430 PORT LOUIS
015 D010430 MAURITIUS
015 E040430 X
015 A000431 MEES PIERSON
015 B000431 S
015 C010431 AMSTERDAM
<PAGE>
PAGE 41
015 D010431 NETHERLANDS
015 D020431 1012 KK
015 E040431 X
015 A000432 ANZ BANKING GROUP LIMITED
015 B000432 S
015 C010432 WELLINGTON
015 D010432 NEW ZEALAND
015 E040432 X
015 A000433 DEN NORSKE BANK
015 B000433 S
015 C010433 OSLO
015 D010433 NORWAY
015 D020433 N-0107
015 E040433 X
015 A000434 STANDARD CHARTERED BANK
015 B000434 S
015 C010434 KARACHI
015 D010434 PAKISTAN
015 D020434 74000
015 E040434 X
015 A000435 CITIBANK N.A.
015 B000435 S
015 C010435 LIMA
015 D010435 PERU
015 D020435 27
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015 A000436 HONG KONG AND SHANGHAI BANKING CORP
015 B000436 S
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015 D010436 PHILLIPINES
015 E040436 X
015 A000437 BANCO COMERCIAL PORTUGUES
015 B000437 S
015 C010437 LISBON
015 D010437 PORTUGAL
015 D020437 1100
015 E040437 X
015 A000438 THE BRITISH BANK OF THE MIDDLE EAST
015 B000438 S
015 C010438 RUWI
015 D010438 OMAN
015 D020438 112
015 E040438 X
015 A000439 UNITED OVERSEAS BANK
015 B000439 S
015 C010439 SINGAPORE
015 D010439 SINGAPORE
015 D020439 048624
015 E040439 X
015 A000440 STANDARD BANK OF SOUTH AFRICA
015 B000440 S
<PAGE>
PAGE 42
015 C010440 JOHANNESBURG
015 D010440 SOUTH AFRICA
015 D020440 2001
015 E040440 X
015 A000441 STANDARD CHARTERED BANK
015 B000441 S
015 C010441 SEOUL
015 D010441 SOUTH KOREA
015 E040441 X
015 A000442 BANCO BILBAO VIZCAYA
015 B000442 S
015 C010442 MADRID
015 D010442 SPAIN
015 D020442 28046
015 E040442 X
015 A000443 STANBIC BANK SWAZILAND
015 B000443 S
015 C010443 M'BABANE
015 D010443 SWAZILAND
015 E040443 X
015 A000444 SKANDINAVISKA ENSKILDA BANKEN
015 B000444 S
015 C010444 STOCKHOLM
015 D010444 SWEDEN
015 D020444 10640
015 E040444 X
015 A000445 UNION BANK OF SWITZERLAND
015 B000445 S
015 C010445 ZURICH
015 D010445 SWITZERLAND
015 E040445 X
015 A000446 SIAM COMMERCIAL BANK
015 B000446 S
015 C010446 BANGKOK
015 D010446 THAILAND
015 D020446 10900
015 E040446 X
015 A000447 OTTOMAN BANK
015 B000447 S
015 C010447 KARAKOY-ISTANBUL
015 D010447 TURKEY
015 D020447 80000
015 E040447 X
015 A000448 BANK OF NEW YORK
015 B000448 S
015 C010448 LONDON
015 D010448 UNITED KINGDOM
015 D020448 EC4M 6YE
015 E040448 X
015 A000449 BANK OF NEW YORK
015 B000449 C
<PAGE>
PAGE 43
015 C010449 NEW YORK
015 C020449 NY
015 C030449 10286
015 E010449 X
015 A000450 BANKBOSTON, N.A.
015 B000450 S
015 C010450 MONTEVIDEO
015 D010450 URUGUAY
015 E040450 X
015 A000451 STANBIC BANK ZAMBIA LTD
015 B000451 S
015 C010451 LUSAKA
015 D010451 ZAMBIA
015 E040451 X
015 A000452 STANBIC BANK ZIMBABWE LTD
015 B000452 S
015 C010452 HARARE
015 D010452 ZIMBABWE
015 E040452 X
024 000400 Y
025 A000401 MORGAN STANLEY & CO. INC.
025 B000401 13-2655998
025 C000401 E
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<PAGE>
PAGE 44
028 F010400 176491
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035 000400 134
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<PAGE>
PAGE 45
048 F020400 0.000
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055 A000400 N
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066 A000400 Y
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066 D000400 Y
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070 A020400 Y
070 B010400 Y
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070 I020400 N
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070 J020400 Y
<PAGE>
PAGE 46
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
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070 Q020400 N
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070 R020400 Y
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<PAGE>
PAGE 47
072DD020400 0
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015 A000501 BANKBOSTON, N.A.
015 B000501 S
015 C010501 BUENOS AIRES
015 D010501 ARGENTINA
015 D020501 1005
015 E040501 X
015 A000502 NATIONAL AUSTRALIA BANK
015 B000502 S
015 C010502 MELBOURNE
015 D010502 AUSTRALIA
015 D020502 3000
015 E040502 X
<PAGE>
PAGE 48
015 A000503 CREDITANSTALT BANKVEREIN AG
015 B000503 S
015 C010503 VIENNA
015 D010503 AUSTRIA
015 D020503 1090
015 E040503 X
015 A000504 BANQUE BRUXELLES LAMBERT
015 B000504 S
015 C010504 BRUSSELS
015 D010504 BELGIUM
015 D020504 1040
015 E040504 X
015 A000505 THE BANK OF BERMUDA
015 B000505 S
015 C010505 HAMILTON
015 D010505 BERMUDA
015 E040505 X
015 A000506 STANBIC BANK OF BOTSWANA
015 B000506 S
015 C010506 GABORONE
015 D010506 BOTSWANA
015 D020506 00168
015 E040506 X
015 A000507 BANKBOSTON, N.A.
015 B000507 S
015 C010507 SAO PAULO
015 D010507 BRAZIL
015 D020507 01009-000
015 E040507 X
015 A000508 THE BRITISH BANK OF THE MIDDLE EAST
015 B000508 S
015 C010508 MANAMA
015 D010508 BAHRAIN
015 D020508 304
015 E040508 X
015 A000509 ROYAL BANK OF CANADA
015 B000509 S
015 C010509 TORONTO
015 D010509 CANADA
015 D020509 M5J 2J5
015 E040509 X
015 A000510 BANK OF CYPRUS
015 B000510 S
015 C010510 NICOSIA
015 D010510 CYPRUS
015 D020510 1160
015 E040510 X
015 A000511 DEN DANSKE BANK
015 B000511 S
015 C010511 COPENHAGEN
015 D010511 DENMARK
<PAGE>
PAGE 49
015 D020511 1092
015 E040511 X
015 A000512 MERITA BANK LTD
015 B000512 S
015 C010512 HELSINKI
015 D010512 FINLAND
015 D020512 00100
015 E040512 X
015 A000513 BANQUE PARIBAS
015 B000513 S
015 C010513 PARIS
015 D010513 FRANCE
015 D020513 75078
015 E040513 X
015 A000514 DRESDNER BANK
015 B000514 S
015 C010514 FRANKFURT
015 D010514 GERMANY
015 D020514 60301
015 E040514 X
015 A000515 MERCHANT BANK OF GHANA LTD.
015 B000515 S
015 C010515 ACCRA
015 D010515 GHANA
015 E040515 X
015 A000516 NATIONAL BANK OF GREECE
015 B000516 S
015 C010516 ATHENS
015 D010516 GREECE
015 D020516 102 32
015 E040516 X
015 A000517 HONG KONG AND SHANGHAI BANKING CORP.
015 B000517 S
015 C010517 HONG KONG
015 D010517 HONG KONG
015 E040517 X
015 A000518 HONG KONG AND SHANGHAI BANKING CORP
015 B000518 S
015 C010518 JAKARTA
015 D010518 INDONESIA
015 D020518 10023
015 E040518 X
015 A000519 ALLIED IRISH BANKS PLC
015 B000519 S
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<PAGE>
PAGE 50
015 D010520 ITALY
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015 E040520 X
015 A000521 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
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015 C010521 ABIDJAN
015 D010521 IVORY COAST
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015 E040521 X
015 A000522 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000522 S
015 C010522 TOKYO
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015 D020522 1030021
015 E040522 X
015 A000523 THE BRITISH BANK OF THE MIDDLE EAST
015 B000523 S
015 C010523 AMMAN
015 D010523 JORDAN
015 E040523 X
015 A000524 STANBIC BANK OF KENYA LTD
015 B000524 S
015 C010524 NAIROBI
015 D010524 KENYA
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015 A000525 BANQUE INTERNATIONALE A LUXEMBOURG
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015 C010525 LUXEMBOURG
015 D010525 LUXEMBOURG
015 D020525 2953
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015 A000526 HONG KONG BANK MALAYSIA BERHAD
015 B000526 S
015 C010526 KUALA LUMPUR
015 D010526 MALAYSIA
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015 E040526 X
015 A000527 BANCO NACIONAL DE MEXICO
015 B000527 S
015 C010527 MEXICO, D.F.
015 D010527 MEXICO
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015 A000528 BANQUE COMMERCIALE DU MAROC
015 B000528 S
015 C010528 CASABLANCA
015 D010528 MOROCCO
015 D020528 20000
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015 A000529 STANBIC BANK NAMIBIA LTD
015 B000529 S
<PAGE>
PAGE 51
015 C010529 WINDHOEK
015 D010529 NAMIBIA
015 E040529 X
015 A000530 HONG KONG AND SHANGHAI BANKING CORP
015 B000530 S
015 C010530 PORT LOUIS
015 D010530 MAURITIUS
015 E040530 X
015 A000531 DEN NORSKE BANK ASA
015 B000531 S
015 C010531 OSLO
015 D010531 NORWAY
015 D020531 N-0107
015 E040531 X
015 A000532 MEES PIERSON
015 B000532 S
015 C010532 AMSTERDAM
015 D010532 NETHERLANDS
015 D020532 1012 KK
015 E040532 X
015 A000533 ANZ BANKING GROUP LIMITED
015 B000533 S
015 C010533 WELLINGTON
015 D010533 NEW ZEALAND
015 E040533 X
015 A000534 STANDARD CHARTERED BANK
015 B000534 S
015 C010534 KARACHI
015 D010534 PAKISTAN
015 D020534 74000
015 E040534 X
015 A000535 CITIBANK N.A.
015 B000535 S
015 C010535 LIMA
015 D010535 PERU
015 D020535 27
015 E040535 X
015 A000536 HONG KONG AND SHANGHAI BANKING CORP.
015 B000536 S
015 C010536 PASIG CITY
015 D010536 PHILIPINES
015 E040536 X
015 A000537 BANCO COMERCIAL PORTUGUES
015 B000537 S
015 C010537 LISBON
015 D010537 PORTUGAL
015 D020537 1100
015 E040537 X
015 A000538 THE BRITISH BANK OF THE MIDDLE EAST
015 B000538 S
015 C010538 RUWI
<PAGE>
PAGE 52
015 D010538 OMAN
015 D020538 112
015 E040538 X
015 A000539 UNITED OVERSEAS BANK
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015 C010539 SINGAPORE
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015 D020539 048624
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015 A000540 STANDARD BANK OF SOUTH AFRICA
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015 C010540 JOHANNESBURG
015 D010540 SOUTH AFRICA
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015 E040540 X
015 A000541 STANDARD CHARTERED BANK
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015 D010541 SOUTH KOREA
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015 B000542 S
015 C010542 MADRID
015 D010542 SPAIN
015 D020542 28046
015 E040542 X
015 A000543 STANBIC BANK SWAZILAND LTD
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015 C010543 M'BABANE
015 D010543 SWAZILAND
015 E040543 X
015 A000544 SKANDINAVISKA ENSKILDA BANKEN
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015 C010544 STOCKHOLM
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015 D020544 10640
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015 A000545 UNION BANK OF SWITZERLAND
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015 C010545 ZURICH
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015 A000546 SIAM COMMERCIAL BANK
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015 A000547 OTTOMAN BANK
015 B000547 S
015 C010547 KARAKOY-ISTANBUL
<PAGE>
PAGE 53
015 D010547 TURKEY
015 D020547 80000
015 E040547 X
015 A000548 THE BANK OF NEW YORK
015 B000548 S
015 C010548 LONDON
015 D010548 UNITED KINGDOM
015 D020548 EC4M 6YE
015 E040548 X
015 A000549 BANKBOSTON, N.A.
015 B000549 S
015 C010549 MONTEVIDEO
015 D010549 URUGUAY
015 E040549 X
015 A000550 THE BANK OF NEW YORK
015 B000550 C
015 C010550 NEW YORK
015 C020550 NY
015 C030550 10286
015 E010550 X
015 A000551 STANBIC BANK ZAMBIA LTD
015 B000551 S
015 C010551 LUSAKA
015 D010551 ZAMBIA
015 E040551 X
015 A000552 STANBIC BANK ZIMBABWE LTD
015 B000552 S
015 C010552 HARARE
015 D010552 ZIMBABWE
015 E040552 X
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028 A030500 0
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028 C030500 0
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028 D030500 0
028 D040500 44106
028 E010500 129926
028 E020500 0
028 E030500 0
028 E040500 51895
028 F010500 130956
<PAGE>
PAGE 54
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028 F030500 0
028 F040500 88658
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028 G030500 0
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028 H000500 66826
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030 B000500 4.50
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031 B000500 0
032 000500 2017
033 000500 0
034 000500 Y
035 000500 19
036 A000500 Y
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
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041 000500 Y
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042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
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044 000500 116
045 000500 Y
046 000500 N
047 000500 Y
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048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
<PAGE>
PAGE 55
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 1000
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 Y
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 Y
070 K010500 Y
<PAGE>
PAGE 56
070 K020500 Y
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 Y
070 Q020500 N
070 R010500 Y
070 R020500 Y
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071 B000500 215328
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072 A000500 6
072 B000500 3471
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072 M000500 8
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072 S000500 4
072 T000500 620
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<PAGE>
PAGE 57
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 50412
074 B000500 0
074 C000500 0
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074 E000500 4986
074 F000500 811953
074 G000500 0
074 H000500 0
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074 K000500 74
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074 M000500 14250
074 N000500 1082409
074 O000500 31933
074 P000500 1026
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074 R010500 0
074 R020500 1172
074 R030500 0
074 R040500 11756
074 S000500 0
074 T000500 1036522
074 U010500 47917
074 U020500 21228
074 V010500 0.00
074 V020500 0.00
074 W000500 0.0000
074 X000500 45337
074 Y000500 0
075 A000500 0
075 B000500 852981
076 000500 0.00
015 A000601 BANK OF NEW YORK
015 B000601 C
015 C010601 NEW YORK
015 C020601 NY
015 C030601 10286
015 E010601 X
015 A000602 BANKBOSTON, N.A.
015 B000602 S
015 C010602 BUENOS AIRES
015 D010602 ARGENTINA
015 D020602 1005
015 E040602 X
015 A000603 NATIONAL AUSTRALIA BANK
<PAGE>
PAGE 58
015 B000603 S
015 C010603 MELBOURNE
015 D010603 AUSTRALIA
015 D020603 3000
015 E040603 X
015 A000604 CREDITANSTALT BANKVEREIN AG
015 B000604 S
015 C010604 VIENNA
015 D010604 AUSTRIA
015 D020604 1090
015 E040604 X
015 A000605 BANQUE BRUXELLES LAMBERT
015 B000605 S
015 C010605 BRUSSELS
015 D010605 BELGIUM
015 D020605 1040
015 E040605 X
015 A000606 THE BANK OF BERMUDA
015 B000606 S
015 C010606 HAMILTON
015 D010606 BERMUDA
015 E040606 X
015 A000607 SCMB (STANBIC BANK BOTSWANA)
015 B000607 S
015 C010607 GABORONE
015 D010607 BOTSWANA
015 D020607 00168
015 E040607 X
015 A000608 BANKBOSTON, N.A.
015 B000608 S
015 C010608 SAO PAULO
015 D010608 BRAZIL
015 D020608 01009-000
015 E040608 X
015 A000609 THE BRITISH BANK OF THE MIDDLE EAST
015 B000609 S
015 C010609 MANAMA
015 D010609 BAHRAIN
015 D020609 304
015 E040609 X
015 A000610 ROYAL BANK OF CANADA
015 B000610 S
015 C010610 TORONTO
015 D010610 CANADA
015 D020610 M5J 2J5
015 E040610 X
015 A000611 BANK OF CYPRUS
015 B000611 S
015 C010611 NICOSIA
015 D010611 CYPRUS
015 D020611 1160
<PAGE>
PAGE 59
015 E040611 X
015 A000612 DEN DANSKE BANK
015 B000612 S
015 C010612 COPENHAGEN
015 D010612 DENMARK
015 D020612 1092
015 E040612 X
015 A000613 MERITA BANK LTD
015 B000613 S
015 C010613 HELSINKI
015 D010613 FINLAND
015 D020613 00100
015 E040613 X
015 A000614 BANQUE PARIBAS
015 B000614 S
015 C010614 PARIS
015 D010614 FRANCE
015 D020614 75078
015 E040614 X
015 A000615 DRESDNER BANK
015 B000615 S
015 C010615 FRANKFURT
015 D010615 GERMANY
015 D020615 60301
015 E040615 X
015 A000616 SCMB (MERCHANT BANK OF GHANA)
015 B000616 S
015 C010616 ACCRA
015 D010616 GHANA
015 E040616 X
015 A000617 NATIONAL BANK OF GREECE
015 B000617 S
015 C010617 ATHENS
015 D010617 GREECE
015 D020617 102 32
015 E040617 X
015 A000618 HONGKONG AND SHANGHAI BANKING CORP.
015 B000618 S
015 C010618 HONG KONG
015 D010618 HONG KONG
015 E040618 X
015 A000619 HONGKONG AND SHANGHAI BANKING CORP.
015 B000619 S
015 C010619 JAKARTA
015 D010619 INDONESIA
015 D020619 10023
015 E040619 X
015 A000620 ALLIED IRISH BANKS PLC
015 B000620 S
015 C010620 DUBLIN
015 D010620 IRELAND
<PAGE>
PAGE 60
015 D020620 1
015 E040620 X
015 A000621 BANCA COMMERCIALE ITALIANA
015 B000621 S
015 C010621 MILANO
015 D010621 ITALY
015 D020621 20121
015 E040621 X
015 A000622 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B000622 S
015 C010622 ABIDJAN
015 D010622 IVORY COAST
015 D020622 10 BP 1355
015 E040622 X
015 A000623 BANK OF TOKYO-MITSUBISHI LIMITED
015 B000623 S
015 C010623 TOKYO
015 D010623 JAPAN
015 D020623 1030021
015 E040623 X
015 A000624 THE BRITISH BANK OF THE MIDDLE EAST
015 B000624 S
015 C010624 AMMAN
015 D010624 JORDAN
015 E040624 X
015 A000625 SCMB (STANBIC BANK KENYA LTD)
015 B000625 S
015 C010625 NAIROBI
015 D010625 KENYA
015 E040625 X
015 A000626 THE HONGKONG AND SHANGHAI BANKING CORP
015 B000626 S
015 C010626 PORT LOUIS
015 D010626 MAURITIUS
015 E040626 X
015 A000627 BANQUE INTERNATIONALE A LUXEMBOURG
015 B000627 S
015 C010627 LUXEMBOURG
015 D010627 LUXEMBOURG
015 D020627 2953
015 E040627 X
015 A000628 HONGKONG BANK MALAYSIA BERHAD
015 B000628 S
015 C010628 KUALA LUMPUR
015 D010628 MALAYSIA
015 D020628 50100
015 E040628 X
015 A000629 BANCO NACIONAL DE MEXICO
015 B000629 S
015 C010629 MEXICO, D.F.
015 D010629 MEXICO
<PAGE>
PAGE 61
015 D020629 01Z10
015 E040629 X
015 A000630 BANQUE COMMERCIALE E MAROC
015 B000630 S
015 C010630 CASABLANCA
015 D010630 MOROCCO
015 D020630 20000
015 E040630 X
015 A000631 SCMB (STANBIC BANK NAMIBIA LTD)
015 B000631 S
015 C010631 WINDHOEK
015 D010631 NAMIBIA
015 E040631 X
015 A000632 MEES PIERSON
015 B000632 S
015 C010632 AMSTERDAM
015 D010632 NETHERLANDS
015 D020632 1012 KK
015 E040632 X
015 A000633 ANZ BANKING GROUP LIMITED
015 B000633 S
015 C010633 WELLINGTON
015 D010633 NEW ZEALAND
015 E040633 X
015 A000634 DEN NORSKE BANK
015 B000634 S
015 C010634 OSLO
015 D010634 NORWAY
015 E040634 X
015 A000635 THE BRITISH BANK OF THE MIDDLE EAST
015 B000635 S
015 C010635 RUWI
015 D010635 OMAN
015 D020635 112
015 E040635 X
015 A000636 STANDARD CHARTERED BANK
015 B000636 S
015 C010636 KARACHI PAKISTAN
015 D010636 PAKISTAN
015 D020636 74000
015 E040636 X
015 A000637 CITIBANK NA
015 B000637 S
015 C010637 LIMA
015 D010637 PERU
015 D020637 27
015 E040637 X
015 A000638 HONGKONG AND SHANGHAI BANKING CORP
015 B000638 S
015 C010638 PASIG CITY
015 D010638 PHILIPPINES
<PAGE>
PAGE 62
015 E040638 X
015 A000639 BANCO COMERCIAL PORTUGUES
015 B000639 S
015 C010639 LISBON
015 D010639 PORTUGAL
015 D020639 1100
015 E040639 X
015 A000640 UNITED OVERSEAS BANK
015 B000640 S
015 C010640 SINGAPORE
015 D010640 SINGAPORE
015 D020640 048624
015 E040640 X
015 A000641 STANDARD BANK OF SOUTH AFRICA
015 B000641 S
015 C010641 JOHANNESBURG
015 D010641 SOUTH AFRICA
015 D020641 2001
015 E040641 X
015 A000642 STANDARD CHARTERED BANK
015 B000642 S
015 C010642 SEOUL
015 D010642 SOUTH KOREA
015 E040642 X
015 A000643 DELETE
015 A000644 SCMB (STANBIC BANK SWAZILAND LTD)
015 B000644 S
015 C010644 M'BABANE
015 D010644 SWAZILAND
015 E040644 X
015 A000645 SKANDINAVISKA ENSKILDA BANKEN
015 B000645 S
015 C010645 STOCKHOLM
015 D010645 SWEDEN
015 D020645 10640
015 E040645 X
015 A000646 UNION BANK OF SWITZERLAND
015 B000646 S
015 C010646 ZURICH
015 D010646 SWITZERLAND
015 E040646 X
015 A000647 SIAM COMMERCIAL BANK
015 B000647 S
015 C010647 BANGKOK
015 D010647 THAILAND
015 D020647 10900
015 E040647 X
015 A000648 OTTOMAN BANK
015 B000648 S
015 C010648 KARAKOY-ISTANBUL
015 D010648 TURKEY
<PAGE>
PAGE 63
015 D020648 80000
015 E040648 X
015 A000649 THE BANK OF NEW YORK
015 B000649 S
015 C010649 LONDON
015 D010649 UNITED KINGDOM
015 D020649 EC4M 6YE
015 E040649 X
015 A000650 BANKBOSTON, N.A.
015 B000650 S
015 C010650 MONTEVIDEO
015 D010650 URUGUAY
015 E040650 X
015 A000651 SCMB (STANBIC BANK ZAMBIA LTD)
015 B000651 S
015 C010651 LUSAKA
015 D010651 ZAMBIA
015 E040651 X
015 A000652 SCMB (STANBIC BANK ZIMBABWE LTD)
015 B000652 S
015 C010652 HARARE
015 D010652 ZIMBABWE
015 E040652 X
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028 C010600 89640
028 C020600 0
028 C030600 0
028 C040600 11497
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028 D020600 0
028 D030600 0
028 D040600 26408
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028 F030600 0
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028 G040600 134627
<PAGE>
PAGE 64
028 H000600 128865
029 000600 Y
030 A000600 3767
030 B000600 4.50
030 C000600 0.00
031 A000600 248
031 B000600 0
032 000600 3519
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034 000600 Y
035 000600 28
036 A000600 Y
036 B000600 0
037 000600 N
038 000600 0
039 000600 N
040 000600 Y
041 000600 Y
042 A000600 0
042 B000600 0
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042 H000600 100
043 000600 679
044 000600 66
045 000600 Y
046 000600 N
047 000600 Y
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<PAGE>
PAGE 65
048 J020600 0.000
048 K010600 0
048 K020600 0.000
055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 Y
060 B000600 Y
061 000600 1000
066 A000600 Y
066 B000600 N
066 C000600 Y
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
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070 E020600 N
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070 F020600 N
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070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 Y
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 Y
070 N010600 Y
070 N020600 N
<PAGE>
PAGE 66
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
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070 Q020600 N
070 R010600 Y
070 R020600 Y
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072 A000600 6
072 B000600 2087
072 C000600 4537
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072 F000600 1809
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072 Z000600 3675
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<PAGE>
PAGE 67
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SIGNATURE /s/JAMES R. BAIO
James R. Baio
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual Shares Fund June 30, 1998 Semi-Annual Report and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> MUTUAL SHARES FUND - CLASS I
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1998
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<PAID-IN-CAPITAL-COMMON> 7698041706
<SHARES-COMMON-STOCK> 75212112
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<EXPENSES-NET> (44776594)
<NET-INVESTMENT-INCOME> 122709386
<REALIZED-GAINS-CURRENT> 487217420
<APPREC-INCREASE-CURRENT> 39019253
<NET-CHANGE-FROM-OPS> 648946059
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-SOLD> 32921733
<NUMBER-OF-SHARES-REDEEMED> (6781422)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1180630664
<ACCUMULATED-NII-PRIOR> 18844839
<ACCUMULATED-GAINS-PRIOR> 119083166
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (31206908)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (46589730)
<AVERAGE-NET-ASSETS> 1437353927
<PER-SHARE-NAV-BEGIN> 21.26
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> 1.13
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.63
<EXPENSE-RATIO> 1.08<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS TO AFFILIATES IS 1.11%
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</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual Shares Fund June 30, 1998 Semi-Annual Report and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> MUTUAL SHARES FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 8208440856
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<OTHER-ITEMS-LIABILITIES> 359555837
<TOTAL-LIABILITIES> 459258944
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7698041706
<SHARES-COMMON-STOCK> 351440081
<SHARES-COMMON-PRIOR> 371790528
<ACCUMULATED-NII-CURRENT> 141554225
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 606300586
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2333820522
<NET-ASSETS> 10779717039
<DIVIDEND-INCOME> 96552380
<INTEREST-INCOME> 70933600
<OTHER-INCOME> 0
<EXPENSES-NET> (44776594)
<NET-INVESTMENT-INCOME> 122709386
<REALIZED-GAINS-CURRENT> 487217420
<APPREC-INCREASE-CURRENT> 39019253
<NET-CHANGE-FROM-OPS> 648946059
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10562497
<NUMBER-OF-SHARES-REDEEMED> (30912944)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1180630664
<ACCUMULATED-NII-PRIOR> 18844839
<ACCUMULATED-GAINS-PRIOR> 119083166
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (31206908)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (46589730)
<AVERAGE-NET-ASSETS> 8159794898
<PER-SHARE-NAV-BEGIN> 21.30
<PER-SHARE-NII> 0.29
<PER-SHARE-GAIN-APPREC> 1.13
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.72
<EXPENSE-RATIO> 0.73<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS TO AFFILIATES IS 0.76%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual Qualified Fund, June 30, 1998 semi-annual report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 021
<NAME> MUTUAL QUALIFIED FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 4933405083
<INVESTMENTS-AT-VALUE> 6326064058
<RECEIVABLES> 135714028
<ASSETS-OTHER> 141533731
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6603311817
<PAYABLE-FOR-SECURITIES> 33530106
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 161043853
<TOTAL-LIABILITIES> 194573959
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4588655471
<SHARES-COMMON-STOCK> 33900300
<SHARES-COMMON-PRIOR> 24950021
<ACCUMULATED-NII-CURRENT> 67776759
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 378273910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1374031718
<NET-ASSETS> 6408737858
<DIVIDEND-INCOME> 64012862
<INTEREST-INCOME> 38727226
<OTHER-INCOME> 0
<EXPENSES-NET> (25842820)
<NET-INVESTMENT-INCOME> 76897268
<REALIZED-GAINS-CURRENT> 306965540
<APPREC-INCREASE-CURRENT> 114285339
<NET-CHANGE-FROM-OPS> 498148147
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12066578
<NUMBER-OF-SHARES-REDEEMED> (3116299)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 484479658
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 71308370
<OVERDISTRIB-NII-PRIOR> (9120509)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (18803169)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (26941705)
<AVERAGE-NET-ASSETS> 577073552
<PER-SHARE-NAV-BEGIN> 18.14
<PER-SHARE-NII> 0.23
<PER-SHARE-GAIN-APPREC> 1.25
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.62
<EXPENSE-RATIO> 1.09<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Expense ratio excluding waiver and payments to affiliates is 1.13% and is
annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual Qualified Fund, June 30, 1998 semi-annual report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 022
<NAME> MUTUAL QUALIFIED FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 4933405083
<INVESTMENTS-AT-VALUE> 6326064058
<RECEIVABLES> 135714028
<ASSETS-OTHER> 141533731
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6603311817
<PAYABLE-FOR-SECURITIES> 33530106
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 161043853
<TOTAL-LIABILITIES> 194573959
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4588655471
<SHARES-COMMON-STOCK> 18741620
<SHARES-COMMON-PRIOR> 12808322
<ACCUMULATED-NII-CURRENT> 67776759
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 378273910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1374031718
<NET-ASSETS> 6408737858
<DIVIDEND-INCOME> 64012862
<INTEREST-INCOME> 38727226
<OTHER-INCOME> 0
<EXPENSES-NET> (25842820)
<NET-INVESTMENT-INCOME> 76897268
<REALIZED-GAINS-CURRENT> 306965540
<APPREC-INCREASE-CURRENT> 114285339
<NET-CHANGE-FROM-OPS> 498148147
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6737505
<NUMBER-OF-SHARES-REDEEMED> (804207)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 484479658
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 71308370
<OVERDISTRIB-NII-PRIOR> (9120509)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (18803169)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (26941705)
<AVERAGE-NET-ASSETS> 308046310
<PER-SHARE-NAV-BEGIN> 18.09
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 1.24
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.51
<EXPENSE-RATIO> 1.74<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Expense ratio excluding waiver and payments to affiliates is 1.78% and is
annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual Qualified Fund, June 30, 1998 semi-annual report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 023
<NAME> MUTUAL QUALIFIED FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 4933405083
<INVESTMENTS-AT-VALUE> 6326064058
<RECEIVABLES> 135714028
<ASSETS-OTHER> 141533731
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6603311817
<PAYABLE-FOR-SECURITIES> 33530106
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 161043853
<TOTAL-LIABILITIES> 194573959
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4588655471
<SHARES-COMMON-STOCK> 272864545
<SHARES-COMMON-PRIOR> 288130967
<ACCUMULATED-NII-CURRENT> 67776759
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 378273910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1374031718
<NET-ASSETS> 6408737858
<DIVIDEND-INCOME> 64012862
<INTEREST-INCOME> 38727226
<OTHER-INCOME> 0
<EXPENSES-NET> (25842820)
<NET-INVESTMENT-INCOME> 76897268
<REALIZED-GAINS-CURRENT> 306965540
<APPREC-INCREASE-CURRENT> 114285339
<NET-CHANGE-FROM-OPS> 498148147
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12436175
<NUMBER-OF-SHARES-REDEEMED> (27702597)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 484479658
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 71308370
<OVERDISTRIB-NII-PRIOR> (9120509)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (18803169)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (26941705)
<AVERAGE-NET-ASSETS> 5437347074
<PER-SHARE-NAV-BEGIN> 18.19
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> 1.27
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.71
<EXPENSE-RATIO> 0.74<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Expense ratio excluding waiver and payments to affiliates is 0.78% and is
annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL BEACON FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 031
<NAME> MUTUAL BEACON FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 5765766439
<INVESTMENTS-AT-VALUE> 7134199417
<RECEIVABLES> 174228651
<ASSETS-OTHER> 239262927
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7547690995
<PAYABLE-FOR-SECURITIES> 44949230
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200323432
<TOTAL-LIABILITIES> 245272662
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5355952546
<SHARES-COMMON-STOCK> 67691035
<SHARES-COMMON-PRIOR> 53486802
<ACCUMULATED-NII-CURRENT> 84488509
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 515928099
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1346049179
<NET-ASSETS> 7302418333
<DIVIDEND-INCOME> 88946088
<INTEREST-INCOME> 39219674
<OTHER-INCOME> 0
<EXPENSES-NET> (30437138)
<NET-INVESTMENT-INCOME> 97728624
<REALIZED-GAINS-CURRENT> 434065962
<APPREC-INCREASE-CURRENT> 162508029
<NET-CHANGE-FROM-OPS> 694302615
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 20353740
<NUMBER-OF-SHARES-REDEEMED> (6149507)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 507652382
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 81862137
<OVERDISTRIB-NII-PRIOR> (13240115)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (21360283)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (31630386)
<AVERAGE-NET-ASSETS> 925905796
<PER-SHARE-NAV-BEGIN> 14.09
<PER-SHARE-NII> 0.19
<PER-SHARE-GAIN-APPREC> 1.23
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.51
<EXPENSE-RATIO> 1.10<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.13%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL BEACON FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 032
<NAME> MUTUAL BEACON FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 5765766439
<INVESTMENTS-AT-VALUE> 7134199417
<RECEIVABLES> 174228651
<ASSETS-OTHER> 239262927
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7547690995
<PAYABLE-FOR-SECURITIES> 44949230
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200323432
<TOTAL-LIABILITIES> 245272662
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5355952546
<SHARES-COMMON-STOCK> 35383141
<SHARES-COMMON-PRIOR> 25807641
<ACCUMULATED-NII-CURRENT> 84488509
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 515928099
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1346049179
<NET-ASSETS> 7302418333
<DIVIDEND-INCOME> 88946088
<INTEREST-INCOME> 39219674
<OTHER-INCOME> 0
<EXPENSES-NET> (30437138)
<NET-INVESTMENT-INCOME> 97728624
<REALIZED-GAINS-CURRENT> 434065962
<APPREC-INCREASE-CURRENT> 162508029
<NET-CHANGE-FROM-OPS> 694302615
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11034362
<NUMBER-OF-SHARES-REDEEMED> (1458862)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 507652382
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 81862137
<OVERDISTRIB-NII-PRIOR> (13240115)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (21360283)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (31630386)
<AVERAGE-NET-ASSETS> 462701202
<PER-SHARE-NAV-BEGIN> 14.04
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> 1.23
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.41
<EXPENSE-RATIO> 1.74<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 1.78%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL BEACON FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 033
<NAME> MUTUAL BEACON FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 5765766439
<INVESTMENTS-AT-VALUE> 7134199417
<RECEIVABLES> 174228651
<ASSETS-OTHER> 239262927
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7547690995
<PAYABLE-FOR-SECURITIES> 44949230
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200323432
<TOTAL-LIABILITIES> 245272662
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5355952546
<SHARES-COMMON-STOCK> 366526435
<SHARES-COMMON-PRIOR> 402248317
<ACCUMULATED-NII-CURRENT> 84488509
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 515928099
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1346049179
<NET-ASSETS> 7302418333
<DIVIDEND-INCOME> 88946088
<INTEREST-INCOME> 39219674
<OTHER-INCOME> 0
<EXPENSES-NET> (30437138)
<NET-INVESTMENT-INCOME> 97728624
<REALIZED-GAINS-CURRENT> 434065962
<APPREC-INCREASE-CURRENT> 162508029
<NET-CHANGE-FROM-OPS> 694302615
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15737389
<NUMBER-OF-SHARES-REDEEMED> (51459271)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 507652382
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 81862137
<OVERDISTRIB-NII-PRIOR> (13240115)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (21360283)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (31630386)
<AVERAGE-NET-ASSETS> 5793540073
<PER-SHARE-NAV-BEGIN> 14.12
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 1.25
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.57
<EXPENSE-RATIO> 0.75<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS BY AFFILIATES IS 0.78%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL DISCOVERY FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 041
<NAME> MUTUAL DISCOVERY FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 4873934049
<INVESTMENTS-AT-VALUE> 5712940017
<RECEIVABLES> 107432666
<ASSETS-OTHER> 272849682
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6093222365
<PAYABLE-FOR-SECURITIES> 81544794
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 81803805
<TOTAL-LIABILITIES> 163348599
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4621808741
<SHARES-COMMON-STOCK> 50396494
<SHARES-COMMON-PRIOR> 36860777
<ACCUMULATED-NII-CURRENT> 24438290
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 447265240
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 836361495
<NET-ASSETS> 5929873766
<DIVIDEND-INCOME> 59906447
<INTEREST-INCOME> 26943316
<OTHER-INCOME> 0
<EXPENSES-NET> (312282280)
<NET-INVESTMENT-INCOME> 55621483
<REALIZED-GAINS-CURRENT> 350207359
<APPREC-INCREASE-CURRENT> 191104160
<NET-CHANGE-FROM-OPS> 596933002
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18454354
<NUMBER-OF-SHARES-REDEEMED> (4918637)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 953746877
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 97057881
<OVERDISTRIB-NII-PRIOR> (31183193)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (22048420)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (32017841)
<AVERAGE-NET-ASSETS> 887532186
<PER-SHARE-NAV-BEGIN> 18.83
<PER-SHARE-NII> 0.19
<PER-SHARE-GAIN-APPREC> 2.02
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.04
<EXPENSE-RATIO> 1.33<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS TO AFFILIATES IS 1.36%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL DISCOVERY FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 042
<NAME> MUTUAL DISCOVERY FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 4873934049
<INVESTMENTS-AT-VALUE> 5712940017
<RECEIVABLES> 107432666
<ASSETS-OTHER> 272849682
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6093222365
<PAYABLE-FOR-SECURITIES> 81544794
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 81803805
<TOTAL-LIABILITIES> 163348599
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4621808741
<SHARES-COMMON-STOCK> 31183617
<SHARES-COMMON-PRIOR> 21431763
<ACCUMULATED-NII-CURRENT> 24438290
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 447265240
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 836361495
<NET-ASSETS> 5929873766
<DIVIDEND-INCOME> 59906447
<INTEREST-INCOME> 26943316
<OTHER-INCOME> 0
<EXPENSES-NET> (312282280)
<NET-INVESTMENT-INCOME> 55621483
<REALIZED-GAINS-CURRENT> 350207359
<APPREC-INCREASE-CURRENT> 191104160
<NET-CHANGE-FROM-OPS> 596933002
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11135279
<NUMBER-OF-SHARES-REDEEMED> (1383425)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 953746877
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 97057881
<OVERDISTRIB-NII-PRIOR> (31183193)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (22048420)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (32017841)
<AVERAGE-NET-ASSETS> 530075768
<PER-SHARE-NAV-BEGIN> 18.79
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 2.01
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.93
<EXPENSE-RATIO> 1.98<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS TO AFFILIATES IS 2.01%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
MUTUAL DISCOVERY FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 043
<NAME> MUTUAL DISCOVERY FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 4873934049
<INVESTMENTS-AT-VALUE> 5712940017
<RECEIVABLES> 107432666
<ASSETS-OTHER> 272849682
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6093222365
<PAYABLE-FOR-SECURITIES> 81544794
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 81803805
<TOTAL-LIABILITIES> 163348599
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4621808741
<SHARES-COMMON-STOCK> 199384955
<SHARES-COMMON-PRIOR> 205337909
<ACCUMULATED-NII-CURRENT> 24438290
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 447265240
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 836361495
<NET-ASSETS> 5929873766
<DIVIDEND-INCOME> 59906447
<INTEREST-INCOME> 26943316
<OTHER-INCOME> 0
<EXPENSES-NET> (312282280)
<NET-INVESTMENT-INCOME> 55621483
<REALIZED-GAINS-CURRENT> 350207359
<APPREC-INCREASE-CURRENT> 191104160
<NET-CHANGE-FROM-OPS> 596933002
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15897822
<NUMBER-OF-SHARES-REDEEMED> (21850776)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 953746877
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 97057881
<OVERDISTRIB-NII-PRIOR> (31183193)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (22048420)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (32017841)
<AVERAGE-NET-ASSETS> 4145732136
<PER-SHARE-NAV-BEGIN> 18.89
<PER-SHARE-NII> 0.22
<PER-SHARE-GAIN-APPREC> 2.04
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.15
<EXPENSE-RATIO> 0.98<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS TO AFFILIATES IS 1.01%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual European Fund, June 30, 1998 semi-annual report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 051
<NAME> MUTUAL EUROPEAN FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 838559378
<INVESTMENTS-AT-VALUE> 978219067
<RECEIVABLES> 47075228
<ASSETS-OTHER> 56968281
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1082244576
<PAYABLE-FOR-SECURITIES> 31932741
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13789273
<TOTAL-LIABILITIES> 45722014
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 806759891
<SHARES-COMMON-STOCK> 13692078
<SHARES-COMMON-PRIOR> 7420423
<ACCUMULATED-NII-CURRENT> 11237849
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 78246393
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 140278429
<NET-ASSETS> 1036522562
<DIVIDEND-INCOME> 12638482
<INTEREST-INCOME> 3471396
<OTHER-INCOME> 0
<EXPENSES-NET> (4991326)
<NET-INVESTMENT-INCOME> 11118552
<REALIZED-GAINS-CURRENT> 53837752
<APPREC-INCREASE-CURRENT> 71781560
<NET-CHANGE-FROM-OPS> 136737864
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 14464523
<NUMBER-OF-SHARES-REDEEMED> (8192868)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 347337025
<ACCUMULATED-NII-PRIOR> 119297
<ACCUMULATED-GAINS-PRIOR> 24408641
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (3375568)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (5134758)
<AVERAGE-NET-ASSETS> 142669856
<PER-SHARE-NAV-BEGIN> 12.56
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 2.20
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.94
<EXPENSE-RATIO> 1.38<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Expense ratio excluding waiver and payments to affiliates is 1.42% and is
annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual European Fund, June 30, 1998 semi-annual report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 052
<NAME> MUTUAL EUROPEAN FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 838559378
<INVESTMENTS-AT-VALUE> 978219067
<RECEIVABLES> 47075228
<ASSETS-OTHER> 56968281
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1082244576
<PAYABLE-FOR-SECURITIES> 31932741
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13789273
<TOTAL-LIABILITIES> 45722014
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 806759891
<SHARES-COMMON-STOCK> 7535953
<SHARES-COMMON-PRIOR> 3926964
<ACCUMULATED-NII-CURRENT> 11237849
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 78246393
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 140278429
<NET-ASSETS> 1036522562
<DIVIDEND-INCOME> 12638482
<INTEREST-INCOME> 3471396
<OTHER-INCOME> 0
<EXPENSES-NET> (4991326)
<NET-INVESTMENT-INCOME> 11118552
<REALIZED-GAINS-CURRENT> 53837752
<APPREC-INCREASE-CURRENT> 71781560
<NET-CHANGE-FROM-OPS> 136737864
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3976557
<NUMBER-OF-SHARES-REDEEMED> (367568)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 347337025
<ACCUMULATED-NII-PRIOR> 119297
<ACCUMULATED-GAINS-PRIOR> 24408641
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (3375568)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (5134758)
<AVERAGE-NET-ASSETS> 75222149
<PER-SHARE-NAV-BEGIN> 12.52
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> 2.21
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.87
<EXPENSE-RATIO> 2.03<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Expense ratio excluding waiver and payments to affiliates is 2.07% and is
annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Mutual European Fund, June 30, 1998 semi-annual report and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 053
<NAME> MUTUAL EUROPEAN FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 838559378
<INVESTMENTS-AT-VALUE> 978219067
<RECEIVABLES> 47075228
<ASSETS-OTHER> 56968281
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1082244576
<PAYABLE-FOR-SECURITIES> 31932741
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13789273
<TOTAL-LIABILITIES> 45722014
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 806759891
<SHARES-COMMON-STOCK> 47916928
<SHARES-COMMON-PRIOR> 43411737
<ACCUMULATED-NII-CURRENT> 11237849
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 78246393
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 140278429
<NET-ASSETS> 1036522562
<DIVIDEND-INCOME> 12638482
<INTEREST-INCOME> 3471396
<OTHER-INCOME> 0
<EXPENSES-NET> (4991326)
<NET-INVESTMENT-INCOME> 11118552
<REALIZED-GAINS-CURRENT> 53837752
<APPREC-INCREASE-CURRENT> 71781560
<NET-CHANGE-FROM-OPS> 136737864
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12599714
<NUMBER-OF-SHARES-REDEEMED> (8094523)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 347337025
<ACCUMULATED-NII-PRIOR> 119297
<ACCUMULATED-GAINS-PRIOR> 24408641
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (3375568)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (5134758)
<AVERAGE-NET-ASSETS> 635081699
<PER-SHARE-NAV-BEGIN> 12.60
<PER-SHARE-NII> 0.19
<PER-SHARE-GAIN-APPREC> 2.23
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.02
<EXPENSE-RATIO> 1.03<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Expense ratio excluding waiver and payments to affiliates is 1.07% and is
annualized.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
FINANCIAL SERVICES FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 061
<NAME> MUTUAL FINANCIAL SERVICES FUND - CLASS I
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 527465554
<INVESTMENTS-AT-VALUE> 552654683
<RECEIVABLES> 16293208
<ASSETS-OTHER> 26354751
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 595302642
<PAYABLE-FOR-SECURITIES> 10485224
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2324762
<TOTAL-LIABILITIES> 12809986
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 513362934
<SHARES-COMMON-STOCK> 13501027
<SHARES-COMMON-PRIOR> 6376348
<ACCUMULATED-NII-CURRENT> 3783025
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38960394
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 26386303
<NET-ASSETS> 582492656
<DIVIDEND-INCOME> 4536458
<INTEREST-INCOME> 2086969
<OTHER-INCOME> 0
<EXPENSES-NET> (2948981)
<NET-INVESTMENT-INCOME> 3674446
<REALIZED-GAINS-CURRENT> 35457037
<APPREC-INCREASE-CURRENT> 9523087
<NET-CHANGE-FROM-OPS> 48654570
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11284974
<NUMBER-OF-SHARES-REDEEMED> (4160295)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 324687160
<ACCUMULATED-NII-PRIOR> 108579
<ACCUMULATED-GAINS-PRIOR> 3503357
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1808764)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3232101)
<AVERAGE-NET-ASSETS> 143116222
<PER-SHARE-NAV-BEGIN> 12.27
<PER-SHARE-NII> 0.11
<PER-SHARE-GAIN-APPREC> 1.91
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.29
<EXPENSE-RATIO> 1.35<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS TO AFFILIATES IS 1.48%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
FINANCIAL SERVICES FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 062
<NAME> MUTUAL FINANCIAL SERVICES FUND - CLASS II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 527465554
<INVESTMENTS-AT-VALUE> 552654683
<RECEIVABLES> 16293208
<ASSETS-OTHER> 26354751
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 595302642
<PAYABLE-FOR-SECURITIES> 10485224
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2324762
<TOTAL-LIABILITIES> 12809986
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 513362934
<SHARES-COMMON-STOCK> 9299690
<SHARES-COMMON-PRIOR> 3524251
<ACCUMULATED-NII-CURRENT> 3783025
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38960394
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 26386303
<NET-ASSETS> 582492656
<DIVIDEND-INCOME> 4536458
<INTEREST-INCOME> 2086969
<OTHER-INCOME> 0
<EXPENSES-NET> (2948981)
<NET-INVESTMENT-INCOME> 3674446
<REALIZED-GAINS-CURRENT> 35457037
<APPREC-INCREASE-CURRENT> 9523087
<NET-CHANGE-FROM-OPS> 48654570
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6203291
<NUMBER-OF-SHARES-REDEEMED> (427852)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 324687160
<ACCUMULATED-NII-PRIOR> 108579
<ACCUMULATED-GAINS-PRIOR> 3503357
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1808764)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3232101)
<AVERAGE-NET-ASSETS> 86822683
<PER-SHARE-NAV-BEGIN> 12.26
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> 1.90
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.23
<EXPENSE-RATIO> 2.00<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS TO AFFILIATES IS 2.13%
AND IS ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MUTUAL
FINANCIAL SERVICES FUND JUNE 30, 1998 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000825063
<NAME> MUTUAL SERIES FUND, INC.
<SERIES>
<NUMBER> 063
<NAME> MUTUAL FINANCIAL SERVICES FUND - CLASS Z
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 527465554
<INVESTMENTS-AT-VALUE> 552654683
<RECEIVABLES> 16293208
<ASSETS-OTHER> 26354751
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 595302642
<PAYABLE-FOR-SECURITIES> 10485224
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2324762
<TOTAL-LIABILITIES> 12809986
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 513362934
<SHARES-COMMON-STOCK> 17992300
<SHARES-COMMON-PRIOR> 11114665
<ACCUMULATED-NII-CURRENT> 3783025
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38960394
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 26386303
<NET-ASSETS> 582492656
<DIVIDEND-INCOME> 4536458
<INTEREST-INCOME> 2086969
<OTHER-INCOME> 0
<EXPENSES-NET> (2948981)
<NET-INVESTMENT-INCOME> 3674446
<REALIZED-GAINS-CURRENT> 35457037
<APPREC-INCREASE-CURRENT> 9523087
<NET-CHANGE-FROM-OPS> 48654570
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11940405
<NUMBER-OF-SHARES-REDEEMED> (5062770)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 324687160
<ACCUMULATED-NII-PRIOR> 108579
<ACCUMULATED-GAINS-PRIOR> 3503357
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (1808764)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (3232101)
<AVERAGE-NET-ASSETS> 227704672
<PER-SHARE-NAV-BEGIN> 12.27
<PER-SHARE-NII> 0.12
<PER-SHARE-GAIN-APPREC> 1.91
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.30
<EXPENSE-RATIO> 1.00<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO EXCLUDING WAIVER AND PAYMENTS TO AFFILIATES IS 1.12%
AND IS ANNUALIZED.
</FN>
</TABLE>
