<PAGE> PAGE 1
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000 C000000 0000845851
000 D000000 N
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000 F000000 Y
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000 J000000 A
001 A000000 THE BLACKROCK ADVANTAGE TERM TRUST INC.
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008 B000001 A
008 C000001 801-32183
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10154
010 A000001 PRUDENTIAL MUTUAL FUND MANAGEMENT, INC.
010 B000001 811-31104
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010 C020001 NY
010 C030001 10292
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011 B000001 8-27154
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10292
011 A000002 KIDDER, PEABODY + CO.
011 B000002 8-4831
011 C010002 NEW YORK
<PAGE> PAGE 2
011 C020002 NY
011 C030002 10005
011 A000003 PAINEWEBBER, INC.
011 B000003 8-16267
011 C010003 NEW YORK
011 C020003 NY
011 C030003 10019
011 A000004 MORGAN KEEGAN + CO.
011 B000004 8-15001
011 C010004 MEMPHIS
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<PAGE> PAGE 3
022 D000001 0
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022 C000002 344213
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022 C000009 4524
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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SIGNATURE HENRY GABBAY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000845851
<NAME> THE BLACKROCK ADVANTAGE TERM TRUST INC.
<SERIES>
<NUMBER> 001
<NAME> THE BLACKROCK ADVANTAGE TERM TRUST INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 131,059,034
<INVESTMENTS-AT-VALUE> 136,905,366
<RECEIVABLES> 2,718,656
<ASSETS-OTHER> 31,315,533
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 170,939,555
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 75,581,309
<TOTAL-LIABILITIES> 75,581,309
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 87,992,503
<SHARES-COMMON-STOCK> 9,510,667
<SHARES-COMMON-PRIOR> 9,510,667
<ACCUMULATED-NII-CURRENT> 3,466,794
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,106,511
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,792,438
<NET-ASSETS> 95,358,246
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,615,793
<OTHER-INCOME> 0
<EXPENSES-NET> 464,240
<NET-INVESTMENT-INCOME> 4,151,553
<REALIZED-GAINS-CURRENT> 3,422,370
<APPREC-INCREASE-CURRENT> 4,892,010
<NET-CHANGE-FROM-OPS> 12,465,933
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,674,865)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
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<PER-SHARE-NAV-BEGIN> 9.00
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<PER-SHARE-DIVIDEND> (0.28)
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<PER-SHARE-NAV-END> 10.03
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</TABLE>
For period ending (a) June 30, 1995
File number 811-5757
SUB-ITEM 77C
Submission of Matters to a Vote of Security Holders
A Special Meeting of Shareholders was held on February 15, 1995. At such
meeting the shareholders voted on an advisory agreement for the Trust to take
effect after the closing of the acquisition of BlackRock Financial Management
L.P., the Trust's adviser, by PNC Bank, N.A. as follows:
Affirmative Negative
votes cast votes cast
7,999,682 175,007
[nsar]br-295.shv[bat]
<PAGE>
For period ending (a) June 30, 1995
File number 811-5757
SUB-ITEM 77C
Submission of Matters to a Vote of Security Holders
The Annual Meeting of Stockholders was held on May 16, 1995. At such
meeting the Stockholders elected Directors and ratified the selection of
independent accountants and voted as follows on a proposal to broaden the
Trust's investment objective to permit investment in investment grade securities
while continuing to maintain the investment objectives of returning the initial
offering price per share on or about the termination date and providing high
monthly income:
Affirmative Negative
votes cast votes cast
4,755,926 104,619
[nsar]br-595.shv[bat]
