<PAGE> PAGE 1
000 A000000 03/31/94
000 C000000 836906
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 VANGUARD ASSET ALLOCATION FUND, INC.
001 B000000 811-5628
001 C000000 6106691000
002 A000000 100 VANGUARD BOULEVARD
002 B000000 MALVERN
002 C000000 PA
002 D010000 19355
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
018 000000 Y
019 A000000 Y
019 B000000 79
019 C000000 VANGUARDGR
020 A000001 SALOMON BROTHERS
020 B000001 13-3082694
020 C000001 123
020 A000002 BEAR STEARNS & CO.
020 B000002 13-3299429
020 C000002 82
020 A000003 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000003 13-5674085
020 C000003 24
020 A000004 JEFFERIES & CO., INC.
020 B000004 95-2622900
020 C000004 1
020 A000005 MORGANSTANLEY & CO., INC.
020 B000005 13-2655998
020 C000005 1
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 231
022 A000001 THE VANGUARD GROUP, INC./POOLED CASH ACCT.
022 B000001 23-1945930
022 C000001 2691368
022 D000001 0
<PAGE> PAGE 2
022 A000002 LEHMAN BROTHERS INC.
022 B000002 13-2518466
022 C000002 104445
022 D000002 12033
022 A000003 SALOMON BROTHERS
022 B000003 13-3082694
022 C000003 17072
022 D000003 72424
022 A000004 MORGAN STANLEY & CO., INC.
022 B000004 13-2655998
022 C000004 35272
022 D000004 14213
022 A000005 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000005 13-5674085
022 C000005 25194
022 D000005 0
022 A000006 GOLDMAN SACHS & CO.
022 B000006 13-5108880
022 C000006 14388
022 D000006 0
022 A000007 BEAR STEARNS & CO.
022 B000007 13-3299429
022 C000007 10780
022 D000007 3453
022 A000008 AMERICAN EXPRESS
022 C000008 58
022 D000008 0
022 A000009 NATIONS BANK
022 C000009 52
022 D000009 0
022 A000010 AMAX GOLD
022 C000010 44
022 D000010 0
023 C000000 2899253
023 D000000 102350
028 A010000 70914
028 A020000 0
028 A030000 0
028 A040000 14099
028 B010000 43408
028 B020000 0
028 B030000 0
028 B040000 17184
028 C010000 49646
028 C020000 56583
028 C030000 0
028 C040000 20343
028 D010000 67265
028 D020000 0
028 D030000 0
028 D040000 23647
<PAGE> PAGE 3
028 E010000 94751
028 E020000 0
028 E030000 0
028 E040000 28279
028 F010000 60612
028 F020000 0
028 F030000 0
028 F040000 60067
028 G010000 386596
028 G020000 56583
028 G030000 0
028 G040000 163619
028 H000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
071 A000000 455231
071 B000000 196969
071 C000000 1112572
071 D000000 18
072 A000000 6
072 B000000 10319
072 C000000 11104
072 D000000 0
072 E000000 0
072 F000000 894
072 G000000 977
072 H000000 0
072 I000000 650
072 J000000 52
072 K000000 0
072 L000000 42
072 M000000 3
072 N000000 0
072 O000000 45
072 P000000 0
<PAGE> PAGE 4
072 Q000000 0
072 R000000 9
072 S000000 0
072 T000000 117
072 U000000 0
072 V000000 8
072 W000000 0
072 X000000 2797
072 Y000000 0
072 Z000000 18626
072AA000000 24617
072BB000000 4242
072CC010000 0
072CC020000 84613
072DD010000 20340
072DD020000 0
072EE000000 38500
073 A010000 0.2800
073 A020000 0.0000
073 B000000 0.5300
073 C000000 0.0000
074 A000000 0
074 B000000 1510
074 C000000 0
074 D000000 342201
074 E000000 0
074 F000000 828061
074 G000000 0
074 H000000 0
074 I000000 194
074 J000000 3315
074 K000000 0
074 L000000 11839
074 M000000 0
074 N000000 1187120
074 O000000 0
074 P000000 562
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 8098
074 S000000 0
074 T000000 1178460
074 U010000 85444
074 U020000 0
074 V010000 13.79
074 V020000 0.00
074 W000000 0.0000
074 X000000 58105
074 Y000000 0
<PAGE> PAGE 5
075 A000000 0
075 B000000 1130336
076 000000 0.00
077 A000000 N
078 000000 N
SIGNATURE GARY P. SOURA
TITLE ASST. VICE PRESIDENT
