<PAGE> PAGE 1
000 B000000 12/31/1999
000 C000000 0000837951
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 PACHOLDER HIGH YIELD FUND, INC.
001 B000000 811-5639
001 C000000 5139853200
002 A000000 8044 MONTGOMERY RD STE 480
002 B000000 CINCINNATI
002 C000000 OH
002 D010000 45236
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
062 A000000 Y
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 0.8
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 93.4
062 Q000000 2.7
062 R000000 3.1
071 A000000 221049
071 B000000 170885
071 C000000 195773
071 D000000 87
072 A000000 12
074 N000000 199305
074 T000000 128752
075 A000000 0
075 B000000 195773
077 A000000 Y
080 A000000 ICI MUTUAL INSURANCE COMPANY
<PAGE> PAGE 2
080 C000000 600
081 A000000 N
081 B000000 0
082 A000000 Y
082 B000000 25
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE MARK H. PRENGER
TITLE ASSISTANT TREASURER
