LEGENDS FUND INC
NSAR-A, 1999-03-01
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<PAGE>      PAGE  1
000 A000000 12/31/98
000 C000000 0000890454
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 THE LEGENDS FUND, INC.
001 B000000 811-7084
001 C000000 5025827900
002 A000000 515 W MARKET STREET
002 B000000 LOUISVILLE
002 C000000 KY
002 D010000 40202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C010200  2
007 C020200 ZWEIG ASSET ALLOCATION PORTFOLIO
007 C030200 N
007 C010300  3
007 C010400  4
007 C020400 HARRIS BRETALL SULLIVAN & SMITH EQUITY GROWTH
007 C030400 N
007 C010500  5
007 C020500 SCUDDER KEMPER PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 ZWEIG EQUITY (SMALL CAP) PORTFOLIO
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
011 A00AA01 ARM SECURITIES CORPORATION
011 B00AA01 8-14810
011 C01AA01 NEW ULM
011 C02AA01 MN
011 C03AA01 56073
012 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
012 B00AA01 85-0005350
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
013 A00AA01 ERNST & YOUNG LLP
<PAGE>      PAGE  2
013 B01AA01 KANSAS CITY
013 B02AA01 MO
013 B03AA01 64105
014 A00AA01 MORGAN STANLEY AND COMPANY
014 B00AA01 8-15869
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 MORGAN STANLEY
020 B000001 13-2655998
020 C000001     38
020 A000002 INSTINET
020 B000002 13-3443395
020 C000002      7
020 A000003 CITICORP
020 B000003 13-3214963
020 C000003      4
020 A000004 BERSTEIN STANFORD C&CO., INC.
020 B000004 13-2625874
020 C000004      3
020 A000005 SMITH BARNEY
020 B000005 13-2869611
020 C000005      3
020 A000006 ESI SECURITIES
020 C000006      2
020 A000007 GOLDMAN SACHS
020 B000007 13-5108880
020 C000007      2
020 A000008 PAINE WEBBER, INC.
020 B000008 13-2638166
020 C000008      2
020 A000009 JP MORGAN SECURITIES
020 B000009 13-3224016
020 C000009      1
020 A000010 FURMAN SELZ
020 B000010 13-2753731
020 C000010      1
021  000000       68
022 A000001 STATE STREET BANK
022 B000001 04-1867445
022 C000001    728096
022 D000001         0
022 A000002 PRUDENTIAL-BACHE SECURITIES, INC.
022 B000002 22-2347336
022 C000002     29876
022 D000002      4441
022 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH
022 B000003 13-5674085
022 C000003     17552
022 D000003      2895
022 A000004 GOLDMAN SACHS
<PAGE>      PAGE  3
022 B000004 13-5108880
022 C000004       202
022 D000004         0
022 A000005 SBC WARBURG INC,
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<PAGE>      PAGE  4
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008 A000201 INTEGRITY CAPITAL ADVISORS, INC.
008 B000201 A
008 C000201 801-47942
008 D010201 LOUISVILLE
008 D020201 KY
008 D030201 40202
008 A000202 ZWEIG/GLASER ADVISORS
008 B000202 S
008 C000202 801-35094
008 D010202 NEW YORK
008 D020202 NY
008 D030202 10022
015 A000201 INVESTORS FIDUCIARY TRUST COMPANY
015 B000201 C
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015 C020201 MO
015 C030201 64105
015 E010201 X
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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008 A000401 INTEGRITY CAPITAL ADVISORS, INC.
008 B000401 A
008 C000401 801-47942
<PAGE>      PAGE  9
008 D010401 LOUISVILLE
008 D020401 KY
008 D030401 40202
008 A000402 HARRIS BRETALL SULLIVAN & SMITH, INC.
008 B000402 S
008 C000402 801-7369
008 D010402 JERSEY CITY
008 D020402 NJ
008 D030402 07302
015 A000401 INVESTORS FIDUCIARY TRUST COMPANY
015 B000401 C
015 C010401 KANSAS CITY
015 C020401 MO
015 C030401 64105
015 E010401 X
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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008 B000501 A
008 C000501 801-47942
008 D010501 LOUISVILLE
008 D020501 KY
008 D030501 40202
008 A000502 SCUDDER KEMPER VALUE ADVISORS, INC.
008 B000502 S
008 C000502 801-35060
008 D010502 NEW YORK
008 D020502 NY
008 D030502 10017
015 A000501 INVESTORS FIDUCIARY TRUST COMPANY
015 B000501 C
015 C010501 KANSAS CITY
015 C020501 MO
015 C030501 64105
015 E010501 X
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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008 A000601 INTEGRITY CAPITAL ADVISORS, INC.
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008 D010601 LOUISVILLE
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008 D030601 40202
008 A000602 ZWEIG/GLASER ADVISORS
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008 D010602 LOUISVILLE
008 D020602 KY
008 D030602 10022
015 A000601 INVESTORS FIDUCIARY TRUST COMPANY
015 B000601 C
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<PAGE>      PAGE  18
015 C030601 64105
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048 K010600        0
048 K020600 0.000
049  000600 N
050  000600 N
051  000600 N
052  000600 N
053 A000600 Y
053 B000600 Y
055 A000600 N
055 B000600 N
056  000600 Y
057  000600 N
062 A000600 N
062 B000600   0.0
062 C000600   0.0
062 D000600   0.0
062 E000600   0.0
062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
062 I000600   0.0
062 J000600   0.0
062 K000600   0.0
062 L000600   0.0
062 M000600   0.0
062 N000600   0.0
062 O000600   0.0
062 P000600   0.0
062 Q000600   0.0
062 R000600   0.0
063 A000600   0
063 B000600  0.0
066 A000600 Y
066 B000600 N
066 C000600 Y
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067  000600 N
068 A000600 N
068 B000600 N
069  000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
<PAGE>      PAGE  20
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 Y
070 G010600 N
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600      4279
071 B000600      3592
071 C000600      8875
071 D000600   40
072 A000600  6
072 B000600       78
072 C000600       79
072 D000600        0
072 E000600        0
072 F000600       70
072 G000600        0
072 H000600        0
072 I000600        0
072 J000600       25
072 K000600        0
072 L000600        0
072 M000600        2
072 N000600        0
072 O000600        0
<PAGE>      PAGE  21
072 P000600        0
072 Q000600        0
072 R000600        3
072 S000600        2
072 T000600        0
072 U000600        0
072 V000600        0
072 W000600        5
072 X000600      107
072 Y000600        3
072 Z000600       53
072AA000600      590
072BB000600      834
072CC010600        0
072CC020600     1231
072DD010600       35
072DD020600        0
072EE000600     3046
073 A010600   0.0420
073 A020600   0.0000
073 B000600   3.6733
073 C000600   0.0000
074 A000600        0
074 B000600      196
074 C000600     1577
074 D000600        0
074 E000600        0
074 F000600    11602
074 G000600        0
074 H000600        0
074 I000600        0
074 J000600       11
074 K000600        0
074 L000600       39
074 M000600        0
074 N000600    13425
074 O000600        0
074 P000600        0
074 Q000600        0
074 R010600        0
074 R020600        0
074 R030600        0
074 R040600       11
074 S000600        0
074 T000600    13414
074 U010600     1090
074 U020600        0
074 V010600    12.31
074 V020600     0.00
074 W000600   0.0000
074 X000600        2
<PAGE>      PAGE  22
074 Y000600     1565
075 A000600        0
075 B000600    13443
076  000600     0.00
SIGNATURE   KEVIN L. HOWARD                              
TITLE       ATTORNEY

<TABLE> <S> <C>

<PAGE>
<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> ZWEIG ASSET ALLOCATION
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                       34,618,295
<INVESTMENTS-AT-VALUE>                      37,824,961
<RECEIVABLES>                                2,770,778
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              40,595,739
<PAYABLE-FOR-SECURITIES>                     3,004,285
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       81,675
<TOTAL-LIABILITIES>                          3,085,960
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    30,180,198
<SHARES-COMMON-STOCK>                        2,827,906
<SHARES-COMMON-PRIOR>                        2,702,833
<ACCUMULATED-NII-CURRENT>                      227,034
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,844,637
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     3,257,910
<NET-ASSETS>                                37,509,779
<DIVIDEND-INCOME>                              301,562
<INTEREST-INCOME>                              164,271
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 238,799
<NET-INVESTMENT-INCOME>                        227,034
<REALIZED-GAINS-CURRENT>                     3,800,337
<APPREC-INCREASE-CURRENT>                  (8,340,805)
<NET-CHANGE-FROM-OPS>                      (4,313,434)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      365,323
<DISTRIBUTIONS-OF-GAINS>                     6,048,315
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         60,364
<NUMBER-OF-SHARES-REDEEMED>                    424,146
<SHARES-REINVESTED>                            488,855
<NET-CHANGE-IN-ASSETS>                     (9,940,431)
<ACCUMULATED-NII-PRIOR>                        365,323
<ACCUMULATED-GAINS-PRIOR>                    6,354,477
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          174,158
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                238,799
<AVERAGE-NET-ASSETS>                        39,246,936
<PER-SHARE-NAV-BEGIN>                            17.56
<PER-SHARE-NII>                                   0.11
<PER-SHARE-GAIN-APPREC>                         (1.67)
<PER-SHARE-DIVIDEND>                              2.74
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.26
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<PAGE>
<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> HARRIS BRETALL EQUITY GROWTH
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                       24,773,617
<INVESTMENTS-AT-VALUE>                      45,417,792
<RECEIVABLES>                                  163,656
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              45,581,448
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       38,230
<TOTAL-LIABILITIES>                             38,230
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    25,998,336
<SHARES-COMMON-STOCK>                        2,026,078
<SHARES-COMMON-PRIOR>                        1,783,993
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (1,099,293)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    20,644,175
<NET-ASSETS>                                45,543,218
<DIVIDEND-INCOME>                              126,356
<INTEREST-INCOME>                               19,932
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 182,807
<NET-INVESTMENT-INCOME>                       (36,519)
<REALIZED-GAINS-CURRENT>                     (861,003)
<APPREC-INCREASE-CURRENT>                    7,553,506
<NET-CHANGE-FROM-OPS>                        6,655,984
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     4,108,321
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        251,312
<NUMBER-OF-SHARES-REDEEMED>                    189,898
<SHARES-REINVESTED>                            180,671
<NET-CHANGE-IN-ASSETS>                       7,881,330
<ACCUMULATED-NII-PRIOR>                        (3,025)
<ACCUMULATED-GAINS-PRIOR>                    3,870,031
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          120,701
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                182,807
<AVERAGE-NET-ASSETS>                        37,763,040
<PER-SHARE-NAV-BEGIN>                            21.11
<PER-SHARE-NII>                                 (0.02)
<PER-SHARE-GAIN-APPREC>                           3.61
<PER-SHARE-DIVIDEND>                              2.22
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              22.48
<EXPENSE-RATIO>                                   0.97
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<PAGE>
<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> SCUDDER KEMPER VALUE PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                       40,069,565
<INVESTMENTS-AT-VALUE>                      48,760,787
<RECEIVABLES>                                   88,627
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              48,849,414
<PAYABLE-FOR-SECURITIES>                       946,082
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       42,589
<TOTAL-LIABILITIES>                            988,671
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    36,469,887
<SHARES-COMMON-STOCK>                        2,379,765
<SHARES-COMMON-PRIOR>                        2,209,349
<ACCUMULATED-NII-CURRENT>                      359,968
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,339,666
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,691,222
<NET-ASSETS>                                47,860,743
<DIVIDEND-INCOME>                              489,962
<INTEREST-INCOME>                               84,622
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 214,617
<NET-INVESTMENT-INCOME>                        359,967
<REALIZED-GAINS-CURRENT>                     2,339,666
<APPREC-INCREASE-CURRENT>                      673,768
<NET-CHANGE-FROM-OPS>                        3,373,401
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      591,314
<DISTRIBUTIONS-OF-GAINS>                     4,706,677
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        450,731
<NUMBER-OF-SHARES-REDEEMED>                    544,617
<SHARES-REINVESTED>                            264,302
<NET-CHANGE-IN-ASSETS>                       1,424,861
<ACCUMULATED-NII-PRIOR>                        591,315
<ACCUMULATED-GAINS-PRIOR>                    4,706,677
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          143,284
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                214,617
<AVERAGE-NET-ASSETS>                        44,859,098
<PER-SHARE-NAV-BEGIN>                            21.02
<PER-SHARE-NII>                                   0.16
<PER-SHARE-GAIN-APPREC>                           1.44
<PER-SHARE-DIVIDEND>                              2.51
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.11
<EXPENSE-RATIO>                                   0.96
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<PAGE>
<ARTICLE> 6
<SERIES>
   <NUMBER> 6
   <NAME> ZWEIG EQUITY SMALL CAP
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-1999
<PERIOD-START>                             JUL-01-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                       12,259,003
<INVESTMENTS-AT-VALUE>                      13,374,746
<RECEIVABLES>                                   49,298
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              13,424,044
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       10,450
<TOTAL-LIABILITIES>                             10,450
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    12,489,343
<SHARES-COMMON-STOCK>                        1,089,585
<SHARES-COMMON-PRIOR>                          835,756
<ACCUMULATED-NII-CURRENT>                       52,969
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (244,461)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,115,743
<NET-ASSETS>                                13,413,594
<DIVIDEND-INCOME>                               79,631
<INTEREST-INCOME>                               77,805
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 104,467
<NET-INVESTMENT-INCOME>                         52,969
<REALIZED-GAINS-CURRENT>                     (244,391)
<APPREC-INCREASE-CURRENT>                  (1,231,112)
<NET-CHANGE-FROM-OPS>                      (1,422,534)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       34,791
<DISTRIBUTIONS-OF-GAINS>                     3,046,182
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        143,687
<NUMBER-OF-SHARES-REDEEMED>                    147,183
<SHARES-REINVESTED>                            257,325
<NET-CHANGE-IN-ASSETS>                     (1,274,856)
<ACCUMULATED-NII-PRIOR>                         34,791
<ACCUMULATED-GAINS-PRIOR>                    3,021,050
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           70,047
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                107,244
<AVERAGE-NET-ASSETS>                        13,479,570
<PER-SHARE-NAV-BEGIN>                            17.58
<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                         (1.61)
<PER-SHARE-DIVIDEND>                              3.71
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.31
<EXPENSE-RATIO>                                   1.55
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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