ALGER AMERICAN FUND
NSAR-A, 1999-08-30
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<PAGE>      PAGE  1
000 A000000 06/30/99
000 C000000 0000832566
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 ALGER AMERICAN FUND
001 B000000 811-5550
001 C000000 2128068800
002 A000000 1 WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10048
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C010200  2
007 C020200 ALGER AMERICAN INCOME & GROWTH PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 ALGER AMERICAN SMALL CAPITALIZATION PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 ALGER AMERICAN GROWTH PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 ALGER AMERICAN BALANCED PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 ALGER AMERICAN MIDCAP GROWTH
007 C030600 N
007 C010700  7
007 C020700 ALGER AMERICAN LEVERAGED ALLCAP PORTFOLIO
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 FRED ALGER & CO., INCORPORATED
020 B000001 13-2665689
020 C000001   5215
020 A000002 INSTINET CORP
020 B000002 13-3443395
020 C000002     57
020 A000003 JONES & ASSOCIATES.
<PAGE>      PAGE  2
020 B000003 95-3583143
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021  000000     5277
022 A000001 BEAR STEARNS & CO., INC.
022 B000001 13-3299429
022 C000001   7027101
022 D000001         0
022 A000002 MERRILL LYNCH & CO., INC
022 B000002 13-5674085
022 C000002   4892121
022 D000002    954533
022 A000003 LEHMAN BROTHERS INC.
022 B000003 13-2518466
022 C000003    240414
022 D000003    219364
022 A000004 PRUDENTIAL SECURITIES INC.
022 B000004 22-2347336
022 C000004    194709
022 D000004     71359
022 A000005 GOLDMAN SACHS & CO.
022 B000005 13-5108880
022 C000005    148674
022 D000005    101980
022 A000006 MORGAN STANLEY DEAN WITTER & CO.
022 B000006 13-2655998
022 C000006    146498
022 D000006    100031
022 A000007 CREDIT SUISSE FIRST BOSTON
022 B000007 13-5659485
022 C000007    106034
022 D000007    116535
022 A000008 FURMAN SELTZ
022 B000008 13-3856626
022 C000008     62063
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022 A000009 DAIN RAUSCHER
022 B000009 41-0212020
022 C000009     47461
022 D000009     56952
022 A000010 CIBC WORLD MARKETS
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<PAGE>      PAGE  3
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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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<PAGE>      PAGE  12
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SIGNATURE   GREGORY S. DUCH
TITLE       TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> ALGER AMERICAN INCOME AND GROWTH PORTFOLIO
<MULTIPLIER> 1

<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> ALGER AMERICAN SMALL CAPITALIZATION PORTFOLIO
<MULTIPLIER> 1

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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> ALGER AMERICAN GROWTH PORTFOLIO
<MULTIPLIER> 1

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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> ALGER AMERICAN BALANCED PORTFOLIO
<MULTIPLIER> 1

<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 6
   <NAME> ALGER AMERICAN MID-CAP PORTFOLIO
<MULTIPLIER> 1

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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 7
   <NAME> ALGER AMERICAN LEVERAGED ALLCAP PORTFOLIO
<MULTIPLIER> 1

<S>                             <C>
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</TABLE>


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