ACM GOVERNMENT OPPORTUNITY FUND INC
NSAR-A, 1999-03-31
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<PAGE>      PAGE  1
000 A000000 01/31/99
000 C000000 0000834933
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001 A000000 ACM GOVERNMENT OPPORTUNITY FUND
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011 B000001 8-30851
011 C010001 '
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011 C030001 07094
012 A000001 FIRST DATA INVESTOR SERVICES GROUP, INC.
012 B000001 84-9999
012 C010001 BOSTON
<PAGE>      PAGE  2
012 C020001 MA
012 C030001 02109
013 A000001 ERNST & YOUNG  LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
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022 A000006 LEHMAN BROTHERS, INC.
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<PAGE>      PAGE  3
022 C000006      6632
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022 A000007 SALOMON SMITH BARNEY
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022 A000008 J.P. MORGAN & CO; INC.
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<PAGE>      PAGE  9
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SIGNATURE   WILLIAM MINOVICH                             
TITLE       ASST VICE PRESIDENT 
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000834933
<NAME> ACM GOVERNMENT OPPORTUNITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-END>                               JAN-31-1999
<INVESTMENTS-AT-COST>                      120,710,813
<INVESTMENTS-AT-VALUE>                     117,339,928
<RECEIVABLES>                               10,192,598
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<OTHER-ITEMS-ASSETS>                                 0
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<ACCUMULATED-NII-CURRENT>                       49,284
<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
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<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (4,117,648)
<DISTRIBUTIONS-OF-GAINS>                     (281,054)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
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<PER-SHARE-NAV-BEGIN>                             8.44
<PER-SHARE-NII>                                    .30
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</TABLE>


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