STRATTON FUNDS INC
NSAR-A, 1995-11-21
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<PAGE>      PAGE  1
000 A000000 09/30/95
000 C000000 0000896165
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0
000 J000000 U
001 A000000 THE STRATTON FUNDS, INC.
001 B000000 811-7434
001 C000000 6109410255
002 A000000 610 W. GERMANTOWN PIKE, SUITE 300
002 B000000 PLYMOUTH MEETING
002 C000000 PA
002 D010000 19462
002 D020000 1050
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
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007 C010100  1
007 C020100 STRATTON SMALL-CAP YIELD FUND
007 C030100 N
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007 C010500  5
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008 D01AA01 PLYMOUTH MEETING
008 D02AA01 PA
008 D03AA01 19462
008 D04AA01 1050
015 A00AA01 THE BANK OF NEW YORK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10286
015 E01AA01 X
015 A00AA02 DELETE
020 A000001 INTERSTATE JOHNSON LANE CORP.
020 B000001 56-0276690
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020 C000001      6
020 A000002 DEAN WITTER REYNOLDS, INC.
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020 C000002      2
020 A000003 WILLIAM O'NEILL & CO, INC.
020 B000003 95-2269163
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020 A000004 PAINE WEBBER JACKSON & CURTIS
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020 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
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020 A000007 ALEX BROWN & SONS, INC.
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022 A000008 MCCONNELL, BUDD & DOWNES, INC.
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SIGNATURE   WILLIAM J BALTRUS                            
TITLE       COMPLIANCE ADMIN.   
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000896165
<NAME> THE STRATTON FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> STRATTON SMALL-CAP YIELD FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-START>                              APR-1-1995
<PERIOD-END>                               SEP-30-1995
<INVESTMENTS-AT-COST>                         14490733
<INVESTMENTS-AT-VALUE>                        16954800
<RECEIVABLES>                                    52729
<ASSETS-OTHER>                                  104300
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                17111829
<PAYABLE-FOR-SECURITIES>                         81650
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                              81650
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      14390932
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<DIVIDEND-INCOME>                               273345
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<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                         177425
<REALIZED-GAINS-CURRENT>                        598772
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-REDEEMED>                      15081
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<ACCUMULATED-GAINS-PRIOR>                     (471440)
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<EXPENSE-RATIO>                                   1.52
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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