AMERICAN OPPORTUNITY INCOME FUND INC
NSAR-A, 1995-06-30
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<PAGE>      PAGE  1
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<PAGE>      PAGE  2
012 C020001 MO
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<PAGE>      PAGE  9
SIGNATURE   GERI BOWMAN                                  
TITLE       ACCOUNTING ADMINISTR
 


<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
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<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               APR-30-1995
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<RECEIVABLES>                                  1401096
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<TOTAL-ASSETS>                               150640699
<PAYABLE-FOR-SECURITIES>                       2192540
<SENIOR-LONG-TERM-DEBT>                              0
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<SHARES-COMMON-STOCK>                         23091873
<SHARES-COMMON-PRIOR>                         22765377
<ACCUMULATED-NII-CURRENT>                      6836772
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (44910204)
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<DIVIDEND-INCOME>                                    0
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<NET-INVESTMENT-INCOME>                        5533404
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<ACCUMULATED-GAINS-PRIOR>                   (32531130)
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</TABLE>


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