<PAGE> PAGE 1
000 B000000 12/31/94
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 1841
022 D000001 855
022 A000002 DONALDSON, LUFKIN & JENRETTE
022 B000002 132741729
022 C000002 2203
022 D000002 263
022 A000003 FIRST BOSTON CORP. (THE)
022 B000003 135659485
022 C000003 1900
022 D000003 256
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 135108880
022 C000004 1270
022 D000004 191
022 A000005 MERRILL LYNCH, PIERCE
022 B000005 135674085
022 C000005 892
022 D000005 200
022 A000006 SMITH BARNEY, SHEARSON
022 B000006 131912900
022 C000006 521
022 D000006 104
022 A000007 KIDDER, PEABODY & CO., INC.
022 B000007 135650440
022 C000007 255
022 D000007 345
022 A000008 WERTHEIM SCHRODER & CO.
<PAGE> PAGE 2
022 B000008 132697272
022 C000008 301
022 D000008 245
022 A000009 NOMURA SECURITIES
022 B000009 132642206
022 C000009 82
022 D000009 370
022 A000010 MORGAN (J.P.) SECURITIES
022 B000010 133224016
022 C000010 274
022 D000010 96
023 C000000 10297
023 D000000 3243
024 000000 N
028 A010000 1930
028 A020000 68
028 A030000 0
028 A040000 58
028 B010000 505
028 B020000 75
028 B030000 0
028 B040000 167
028 C010000 669
028 C020000 77
028 C030000 0
028 C040000 75
028 D010000 207
028 D020000 83
028 D030000 0
028 D040000 84
028 E010000 556
028 E020000 83
028 E030000 0
028 E040000 208
028 F010000 954
028 F020000 94
028 F030000 0
028 F040000 168
028 G010000 4821
028 G020000 480
028 G030000 0
028 G040000 760
028 H000000 0
037 000000 Y
038 000000 13
039 000000 N
040 000000 N
041 000000 N
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
<PAGE> PAGE 3
062 D000000 5.2
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
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 92.9
062 Q000000 0.0
062 R000000 1.9
063 A000000 0
063 B000000 5.3
064 A000000 N
064 B000000 N
071 A000000 10297
071 B000000 3243
071 C000000 8844
071 D000000 37
072 A000000 12
072 B000000 913
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 57
072 G000000 0
072 H000000 0
072 I000000 10
072 J000000 1
072 K000000 4
072 L000000 1
072 M000000 0
072 N000000 18
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 14
072 S000000 5
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 2
072 X000000 112
072 Y000000 18
072 Z000000 819
072AA000000 12
072BB000000 171
<PAGE> PAGE 4
072CC010000 0
072CC020000 690
072DD010000 819
072DD020000 0
072EE000000 0
073 A010000 0.8043
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 661
074 C000000 0
074 D000000 11923
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 294
074 M000000 0
074 N000000 12878
074 O000000 0
074 P000000 6
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 38
074 S000000 0
074 T000000 12834
074 U010000 1420
074 U020000 0
074 V010000 9.04
074 V020000 0.00
074 W000000 0.0000
074 X000000 1011
074 Y000000 0
075 A000000 0
075 B000000 9417
076 000000 0.00
077 A000000 Y
077 B000000 Y
078 000000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 C000000 10000
081 A000000 Y
081 B000000 19
082 A000000 Y
082 B000000 100
<PAGE> PAGE 5
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE GEORGE HANSETH
TITLE SR. VICE PRESIDENT