FLAG INVESTORS VALUE BUILDER FUND INC
NSAR-A, 1998-11-30
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SIGNATURE   EDWARD J. VEILLEUX                           
TITLE       VICE PRESIDENT      
 

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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885111
<NAME> FLAG INVESTORS VALUE BUILDER FUND CLASS A
       
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885111
<NAME> FLAG INVESTORS VALUE BUILDER FUND CLASS B
       
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885111
<NAME> FLAG INVESTORS VALUE BUILDER FUND CLASS D
       
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885111
<NAME> FLAG NVESTORS VALUE BUILDER FUND INSTITUTIONAL CLASS
       
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885111
<NAME> FLAG INVESTORS VLAUE BUILDER FUND CLASS C
       
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