<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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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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<PAGE> PAGE 10
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SIGNATURE DENNIS J MCDONNELL
TITLE PRES, CEO & TRUSTEE
NSAR ITEM 77C
Van Kampen American Capital Global Managed Assets Fund
(a) A Special Meeting of Shareholders was held on May 28, 1997.
(b) The election of Trustees of Van Kampen American Capital Global Managed
Assets Fund (the "Fund") included:
J. Miles Branagan, Richard M. DeMartini, Linda Hutton Heagy,
R. Craig Kennedy, Jack E. Nelson, Jerome L. Robinson, Phillip B. Rooney,
Fernando Sisto and Wayne W. Whalen
(c) The following were voted on at the meeting:
(1) Approval of New Investment Advisory Agreement in the event of a
change of control of the Adviser.
For 1,100,032 Against 9,497
Approval of New Subadvisory Agreement in the event of a change
of control of the Adviser.
For 1,104,807 Against 9,265
(4) For each AC Fund, to Ratify the Selection of Price Waterhouse LLP
Independent Public Accountants for its Current Fiscal Year.
For 1,106,351 Against 4,191
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 21305146<F1>
<INVESTMENTS-AT-VALUE> 23256315<F1>
<RECEIVABLES> 1196070<F1>
<ASSETS-OTHER> 5986<F1>
<OTHER-ITEMS-ASSETS> 225874<F1>
<TOTAL-ASSETS> 24684245<F1>
<PAYABLE-FOR-SECURITIES> 770710<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 123062<F1>
<TOTAL-LIABILITIES> 893772<F1>
<SENIOR-EQUITY> 0<F1>
<PAID-IN-CAPITAL-COMMON> 8561192
<SHARES-COMMON-STOCK> 974912
<SHARES-COMMON-PRIOR> 808511
<ACCUMULATED-NII-CURRENT> (217682)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 2518612<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 2066795<F1>
<NET-ASSETS> 11066694
<DIVIDEND-INCOME> 114758<F1>
<INTEREST-INCOME> 180610<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (446593)<F1>
<NET-INVESTMENT-INCOME> (151225)<F1>
<REALIZED-GAINS-CURRENT> 2492530<F1>
<APPREC-INCREASE-CURRENT> (513090)<F1>
<NET-CHANGE-FROM-OPS> 1828215<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (86370)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 239709
<NUMBER-OF-SHARES-REDEEMED> (81133)
<SHARES-REINVESTED> 7825
<NET-CHANGE-IN-ASSETS> 2553227
<ACCUMULATED-NII-PRIOR> 0<F1>
<ACCUMULATED-GAINS-PRIOR> 157379<F1>
<OVERDISTRIB-NII-PRIOR> (7148)<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 107818<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 446593<F1>
<AVERAGE-NET-ASSETS> 9666389
<PER-SHARE-NAV-BEGIN> 10.530
<PER-SHARE-NII> (0.064)
<PER-SHARE-GAIN-APPREC> 0.979
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (0.094)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.351
<EXPENSE-RATIO> 3.75
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>
This item relates to the Fund on a composite basis and not on a class basis.
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 21305146<F1>
<INVESTMENTS-AT-VALUE> 23256315<F1>
<RECEIVABLES> 1196070<F1>
<ASSETS-OTHER> 5986<F1>
<OTHER-ITEMS-ASSETS> 225874<F1>
<TOTAL-ASSETS> 24684245<F1>
<PAYABLE-FOR-SECURITIES> 770710<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 123062<F1>
<TOTAL-LIABILITIES> 893772<F1>
<SENIOR-EQUITY> 0<F1>
<PAID-IN-CAPITAL-COMMON> 9428963
<SHARES-COMMON-STOCK> 985443
<SHARES-COMMON-PRIOR> 954327
<ACCUMULATED-NII-CURRENT> (217682)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 2518612<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 2066795<F1>
<NET-ASSETS> 10983342
<DIVIDEND-INCOME> 114758<F1>
<INTEREST-INCOME> 180610<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (446593)<F1>
<NET-INVESTMENT-INCOME> (151225)<F1>
<REALIZED-GAINS-CURRENT> 2492530<F1>
<APPREC-INCREASE-CURRENT> (513090)<F1>
<NET-CHANGE-FROM-OPS> 1828215<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (90247)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 116152
<NUMBER-OF-SHARES-REDEEMED> (92653)
<SHARES-REINVESTED> 7617
<NET-CHANGE-IN-ASSETS> 1078628
<ACCUMULATED-NII-PRIOR> 0<F1>
<ACCUMULATED-GAINS-PRIOR> 157379<F1>
<OVERDISTRIB-NII-PRIOR> (7148)<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 107818<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 446593<F1>
<AVERAGE-NET-ASSETS> 10253242
<PER-SHARE-NAV-BEGIN> 10.379
<PER-SHARE-NII> (0.089)
<PER-SHARE-GAIN-APPREC> 0.950
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (0.094)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.146
<EXPENSE-RATIO> 4.52
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>
This item relates to the Fund on a composite basis and not on a class basis.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 21305146<F1>
<INVESTMENTS-AT-VALUE> 23256315<F1>
<RECEIVABLES> 1196070<F1>
<ASSETS-OTHER> 5986<F1>
<OTHER-ITEMS-ASSETS> 225874<F1>
<TOTAL-ASSETS> 24684245<F1>
<PAYABLE-FOR-SECURITIES> 770710<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 123062<F1>
<TOTAL-LIABILITIES> 893772<F1>
<SENIOR-EQUITY> 0<F1>
<PAID-IN-CAPITAL-COMMON> 1432593
<SHARES-COMMON-STOCK> 155913
<SHARES-COMMON-PRIOR> 161951
<ACCUMULATED-NII-CURRENT> (217682)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 2518612<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 2066795<F1>
<NET-ASSETS> 1740437
<DIVIDEND-INCOME> 114758<F1>
<INTEREST-INCOME> 180610<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (446593)<F1>
<NET-INVESTMENT-INCOME> (151225)<F1>
<REALIZED-GAINS-CURRENT> 2492530<F1>
<APPREC-INCREASE-CURRENT> (513090)<F1>
<NET-CHANGE-FROM-OPS> 1828215<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (13989)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 27582
<NUMBER-OF-SHARES-REDEEMED> (34695)
<SHARES-REINVESTED> 1075
<NET-CHANGE-IN-ASSETS> 56956
<ACCUMULATED-NII-PRIOR> 0<F1>
<ACCUMULATED-GAINS-PRIOR> 157379<F1>
<OVERDISTRIB-NII-PRIOR> (7148)<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 107818<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 446593<F1>
<AVERAGE-NET-ASSETS> 1644031
<PER-SHARE-NAV-BEGIN> 10.395
<PER-SHARE-NII> (0.099)
<PER-SHARE-GAIN-APPREC> 0.961
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (0.094)
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<PER-SHARE-NAV-END> 11.163
<EXPENSE-RATIO> 4.56
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>
This item relates to the Fund on a composite basis and not on a class basis.
</FN>
</TABLE>
