PRINCIPAL BLUE CHIP FUND INC /MD/
NSAR-A, 1999-06-16
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002 A000000 PRINCIPAL FINANCIAL GROUP
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008 A000002 INVISTA CAPITAL MANAGEMENT, LLC
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020 A000002 OPPENHEIMER & CO
020 B000002 13-2798343
020 C000002      8
020 A000003 BERNSTEIN SANFORD
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020 C000003      8
020 A000004 GOLDMAN SACHS CO
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020 A000005 MORGAN STANLEY & CO
020 B000005 13-2655998
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020 B000006 13-3340045
020 C000006      6
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020 B000007 13-3299429
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020 A000008 ABN AMRO SECURITIES (USA) INC
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020 A000009 BLAIR, WILLIAM AND COMPANY
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020 C000009      2
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SIGNATURE   A S FILEAN
TITLE       VICE PRES/SECRETARY


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                      195,710,448
<INVESTMENTS-AT-VALUE>                     258,190,801
<RECEIVABLES>                                  805,196
<ASSETS-OTHER>                                   5,267
<OTHER-ITEMS-ASSETS>                            39,865
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<SHARES-COMMON-STOCK>                        6,681,066
<SHARES-COMMON-PRIOR>                        5,837,421
<ACCUMULATED-NII-CURRENT>                     (49,995)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      6,053,712
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                               258,837,569
<DIVIDEND-INCOME>                            1,977,885
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<EXPENSES-NET>                             (1,621,179)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (545,735)
<DISTRIBUTIONS-OF-GAINS>                      (24,683)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,439,982
<NUMBER-OF-SHARES-REDEEMED>                  (619,959)
<SHARES-REINVESTED>                             23,622
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<AVERAGE-NET-ASSETS>                       224,282,633
<PER-SHARE-NAV-BEGIN>                            21.71
<PER-SHARE-NII>                                    .08
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<PER-SHARE-DIVIDEND>                             (.08)
<PER-SHARE-DISTRIBUTIONS>                        (.01)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.91
<EXPENSE-RATIO>                                   1.21


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                      195,710,448
<INVESTMENTS-AT-VALUE>                     258,190,801
<RECEIVABLES>                                  805,196
<ASSETS-OTHER>                                   5,267
<OTHER-ITEMS-ASSETS>                            39,865
<TOTAL-ASSETS>                             259,041,129
<PAYABLE-FOR-SECURITIES>                             0
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<OTHER-ITEMS-LIABILITIES>                      203,560
<TOTAL-LIABILITIES>                            203,560
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   190,353,499
<SHARES-COMMON-STOCK>                        1,936,281
<SHARES-COMMON-PRIOR>                        1,587,969
<ACCUMULATED-NII-CURRENT>                     (49,995)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      6,053,712
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    62,480,353
<NET-ASSETS>                               258,837,569
<DIVIDEND-INCOME>                            1,977,885
<INTEREST-INCOME>                              182,822
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,621,179)
<NET-INVESTMENT-INCOME>                        539,528
<REALIZED-GAINS-CURRENT>                     6,072,126
<APPREC-INCREASE-CURRENT>                   24,829,899
<NET-CHANGE-FROM-OPS>                       31,441,553
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (17,656)
<DISTRIBUTIONS-OF-GAINS>                       (8,209)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        508,260
<NUMBER-OF-SHARES-REDEEMED>                  (161,161)
<SHARES-REINVESTED>                              1,213
<NET-CHANGE-IN-ASSETS>                      65,003,038
<ACCUMULATED-NII-PRIOR>                            607
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<AVERAGE-NET-ASSETS>                       224,282,633
<PER-SHARE-NAV-BEGIN>                            21.55
<PER-SHARE-NII>                                    .01
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<PER-SHARE-DIVIDEND>                             (.01)
<PER-SHARE-DISTRIBUTIONS>                        (.01)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.72
<EXPENSE-RATIO>                                   1.96


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                      195,710,448
<INVESTMENTS-AT-VALUE>                     258,190,801
<RECEIVABLES>                                  805,196
<ASSETS-OTHER>                                   5,267
<OTHER-ITEMS-ASSETS>                            39,865
<TOTAL-ASSETS>                             259,041,129
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      203,560
<TOTAL-LIABILITIES>                            203,560
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   190,353,499
<SHARES-COMMON-STOCK>                        1,794,425
<SHARES-COMMON-PRIOR>                        1,520,018
<ACCUMULATED-NII-CURRENT>                     (49,995)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      6,053,712
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    62,480,353
<NET-ASSETS>                               258,837,569
<DIVIDEND-INCOME>                            1,977,885
<INTEREST-INCOME>                              182,822
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,621,179)
<NET-INVESTMENT-INCOME>                        539,528
<REALIZED-GAINS-CURRENT>                     6,072,126
<APPREC-INCREASE-CURRENT>                   24,829,899
<NET-CHANGE-FROM-OPS>                       31,441,553
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (43,333)
<DISTRIBUTIONS-OF-GAINS>                       (6,612)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        512,807
<NUMBER-OF-SHARES-REDEEMED>                  (242,293)
<SHARES-REINVESTED>                              3,893
<NET-CHANGE-IN-ASSETS>                      65,003,038
<ACCUMULATED-NII-PRIOR>                            607
<ACCUMULATED-GAINS-PRIOR>                       37,684
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          524,246
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,621,179
<AVERAGE-NET-ASSETS>                       224,282,633
<PER-SHARE-NAV-BEGIN>                            21.63
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           3.18
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                        (.01)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.81
<EXPENSE-RATIO>                                   1.75


</TABLE>


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