<PAGE> PAGE 1
000 A000000 06/30/95
000 C000000 908836
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 COLUMBIA HIGH YIELD FUND, INC.
001 B000000 811-7834
001 C000000 5032223600
002 A000000 1301 S.W. FIFTH AVENUE
002 B000000 PORTLAND
002 C000000 OR
002 D010000 97201
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
022 A000001 SALOMON BROTHERS, INC.
022 B000001 133082694
022 C000001 2171
022 D000001 1359
022 A000002 NOMURA SECURITIES
022 B000002 132642206
022 C000002 1112
022 D000002 1235
022 A000003 GOLDMAN, SACHS & CO.
022 B000003 135108880
022 C000003 1811
022 D000003 454
022 A000004 DONALDSON, LUFKIN
022 B000004 132741729
022 C000004 1434
022 D000004 91
022 A000005 PRUDENTIAL-BACHE SECURITIES
022 B000005 222347336
022 C000005 1019
022 D000005 406
022 A000006 MERRILL LYNCH
022 B000006 135674085
022 C000006 781
022 D000006 0
022 A000007 MORGAN (J.P.)
022 B000007 133224016
022 C000007 501
022 D000007 176
022 A000008 MILLER, TABAK, HIRSCH & CO.
<PAGE> PAGE 2
022 B000008 133086847
022 C000008 330
022 D000008 293
022 A000009 TAS ASSOC.
022 B000009 954345594
022 C000009 0
022 D000009 397
022 A000010 PAINE WEBBER INC.
022 B000010 132638166
022 C000010 0
022 D000010 391
023 C000000 9408
023 D000000 5361
024 000000 N
028 A010000 644
028 A020000 96
028 A030000 0
028 A040000 369
028 B010000 989
028 B020000 90
028 B030000 0
028 B040000 191
028 C010000 533
028 C020000 106
028 C030000 0
028 C040000 221
028 D010000 544
028 D020000 101
028 D030000 0
028 D040000 152
028 E010000 895
028 E020000 105
028 E030000 0
028 E040000 93
028 F010000 1173
028 F020000 107
028 F030000 0
028 F040000 252
028 G010000 4778
028 G020000 605
028 G030000 0
028 G040000 1278
028 H000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 5.7
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
<PAGE> PAGE 3
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 94.8
062 Q000000 0.0
062 R000000 -0.5
063 A000000 0
063 B000000 6.2
064 A000000 N
064 B000000 N
071 A000000 9408
071 B000000 5361
071 C000000 14117
071 D000000 38
072 A000000 6
072 B000000 738
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 45
072 G000000 0
072 H000000 5
072 I000000 7
072 J000000 1
072 K000000 2
072 L000000 1
072 M000000 0
072 N000000 8
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 8
072 S000000 1
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 3
072 X000000 81
072 Y000000 7
072 Z000000 664
072AA000000 95
072BB000000 198
072CC010000 984
072CC020000 0
072DD010000 664
072DD020000 0
072EE000000 0
<PAGE> PAGE 4
073 A010000 0.4125
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 1012
074 C000000 0
074 D000000 16891
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 244
074 K000000 0
074 L000000 354
074 M000000 0
074 N000000 18501
074 O000000 647
074 P000000 9
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 24
074 S000000 0
074 T000000 17821
074 U010000 1858
074 U020000 0
074 V010000 9.59
074 V020000 0.00
074 W000000 0.0000
074 X000000 1214
074 Y000000 0
075 A000000 0
075 B000000 15095
076 000000 0.00
077 A000000 N
SIGNATURE GEORGE HANSETH
TITLE SR. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited semi-annual report of the Columbia Funds dated 6/30/95 and
the audited annual report of the Columbia Funds dated 12/31/94 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 16,598,809
<INVESTMENTS-AT-VALUE> 16,890,581
<RECEIVABLES> 598,264
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1,012,526
<TOTAL-ASSETS> 18,501,371
<PAYABLE-FOR-SECURITIES> 646,684
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 33,398
<TOTAL-LIABILITIES> 680,082
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,791,603
<SHARES-COMMON-STOCK> 1,857,565
<SHARES-COMMON-PRIOR> 1,420,131
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (262,086)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 291,772
<NET-ASSETS> 17,821,289
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 738,045
<OTHER-INCOME> 0
<EXPENSES-NET> 74,416
<NET-INVESTMENT-INCOME> 663,629
<REALIZED-GAINS-CURRENT> (102,642)
<APPREC-INCREASE-CURRENT> 984,037
<NET-CHANGE-FROM-OPS> 1,545,024
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 663,629
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 510,801
<NUMBER-OF-SHARES-REDEEMED> 137,907
<SHARES-REINVESTED> 64,540
<NET-CHANGE-IN-ASSETS> 4,987,721
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (159,444)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 44,880
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 81,080
<AVERAGE-NET-ASSETS> 15,094,959
<PER-SHARE-NAV-BEGIN> 9.04
<PER-SHARE-NII> .41
<PER-SHARE-GAIN-APPREC> .55
<PER-SHARE-DIVIDEND> .41
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.59
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
