As filed with the Securities and Exchange Commission on October 7, 1996
Securities Act File No. 333-2067
Investment Company Act File No. 811-5557
___________________________________________________________________________
- - ---------------------------------------------------------------------------
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________
Form N-2
Registration Statement Under The Securities Act of 1933 <checked-box>
Pre-Effective Amendment No. <square>
Post-Effective Amendment No. 1 <checked-box>
(check appropriate box or boxes)
____________________
PROSPECT STREET HIGH INCOME PORTFOLIO INC.
(Exact Name of Registrant as Specified in Charter)
60 State Street
Boston, Massachusetts 02109
(Address of Principal Executive Offices)
Registrant's Telephone Number, including Area Code: (617) 742-3800
____________________
RICHARD E. OMOHUNDRO, JR., PRESIDENT
c/o PROSPECT STREET HIGH INCOME PORTFOLIO INC.
60 STATE STREET
BOSTON, MASSACHUSETTS 02109
(NAME AND ADDRESS OF AGENT FOR SERVICE)
____________________
WITH COPIES TO:
LAURENCE E. CRANCH, ESQ.
G. DAVID BRINTON, ESQ.
ROGERS & WELLS
200 PARK AVENUE
NEW YORK, NY 10166
____________________
If any securities being registered on this form will be offered on a
delayed or continuous basis in reliance on Rule 415 under the Securities Act of
1933, as amended, other than securities offered in connection with a dividend
reinvestment plan, check the following box.<square>
PAGE
<PAGE>
Pursuant to the undertaking that the Registrant filed as a part of the
Registrant's Registration Statement on Form N-2 (File Nos. 333-2067 and 811-
5557), to deregister its shares of Common Stock which have not been sold upon
completion of the offering, the Registrant hereby amends this Registration
Statement to deregister 3,086,365 shares of Common Stock previously registered
by the Registrant pursuant to this Registration Statement.
PAGE
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant has duly caused this Amendment to the Registration Statement to
be signed on its behalf by the undersigned, thereunto duly authorized, in the
City of Boston, Commonwealth of Massachusetts, on the 7th day of October, 1996.
PROSPECT STREET HIGH INCOME PORTFOLIO INC.
By /S/ RICHARD E. OMOHUNDRO, JR.
-----------------------------------------
Richard E. Omohundro, Jr.
PRESIDENT
Pursuant to the requirements of the Securities Act of 1933, as amended,
this Amendment to the Registration Statement has been signed below by the
following persons in the capacities and on the date indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
<S> <C> <C>
/S/ RICHARD E. OMOHUNDRO, JR. Director and President October 7, 1996
- - ------------------------------------ (Principal Executive Officer)
Richard E. Omohundro, Jr.
/S/ JOHN A. FRABOTTA Director, Vice President, October 7, 1996
- - ------------------------------------ Treasurer (Principal Financial and
John A. Frabotta Accounting Officer)
*
- - ------------------------------------ Director
John S. Albanese
*
- - ------------------------------------ Director
C. William Carey
*
- - ------------------------------------ Director
Joseph G. Cote
*
- - ------------------------------------ Director
Harlan D. Platt
*
- - ------------------------------------ Director
Christopher E. Roshier
*By JOHN A. FRABOTTA October 7, 1996
--------------------------------
John A. Frabotta,
ATTORNEY-IN-FACT
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