MERRILL LYNCH ASSET BUILDER PROGRAM INC
NSAR-A, 1999-09-28
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<PAGE>      PAGE  1
000 A000000 07/31/1999
000 C000000 0000918848
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 MERRILL LYNCH ASSET BUILDER PROGRAM, INC.
001 B000000 811-7177
001 C000000 6092822800
002 A000000 P.O. BOX 9011
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9011
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 ML FUNDAMENTAL VALUE PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 ML GLOBAL OPPORTUNITY PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 ML QUALITY BOND PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 ML U.S. GOVERNMENT SECURITIES PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 ML GROWTH OPPORTUNITY PORTFOLIO
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 MERRILL LYNCH ASSET MANAGEMENT, L.P.
008 B00AA01 A
008 C00AA01 801-11583
008 D01AA01 PRINCETON
008 D02AA01 NJ
008 D03AA01 08543
008 D04AA01 9011
008 A00AA02 MERRILL LYNCH ASSET MANAGEMENT U.K., LTD.
<PAGE>      PAGE  2
008 B00AA02 S
008 C00AA02 801-31780
008 D01AA02 LONDON
008 D05AA02 ENGLAND
008 D06AA02 EC24 9LY
011 A00AA01 MERRILL LYNCH FUNDS DISTRIBUTOR, INC.
011 B00AA01 8-14663
011 C01AA01 PRINCETON
011 C02AA01 NJ
011 C03AA01 08543
011 C04AA01 9011
012 A00AA01 FINANCIAL DATA SERVICES, INC.
012 B00AA01 84-01339
012 C01AA01 JACKSONVILLE
012 C02AA01 FL
012 C03AA01 32246
012 C04AA01 6484
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 PRINCETON
013 B02AA01 NJ
013 B03AA01 08540
014 A00AA01 MLPF&S AND OTHER ML BROKER/DEALER AFFILIATES
014 B00AA01 8-7221
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  223
019 C00AA00 MERRILLLYN
020 A000001 CREDIT SUISSE FIRST BOSTON CORPORATION
020 B000001 13-5659485
020 C000001     25
020 A000002 GOLDMAN, SACHS & CO.
020 B000002 13-5108880
020 C000002     16
020 A000003 MORGAN (J.P.) SECURITIES INC.
020 B000003 13-3224016
020 C000003     13
020 A000004 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000004 13-5674085
020 C000004     13
020 A000005 SALOMON SMITH BARNEY INC.
020 B000005 11-2418191
020 C000005     12
020 A000006 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000006 13-2741729
020 C000006      9
020 A000007 MORGAN STANLEY & CO. INCORPORATED
020 B000007 13-2655998
020 C000007      8
020 A000008 WARBURG DILLON READ LLC
020 B000008 13-3340045
020 C000008      8
<PAGE>      PAGE  3
020 A000009 LEHMAN BROTHERS INC.
020 B000009 13-2518466
020 C000009      7
020 A000010 DEUTSCHE BANK SECURITIES INC.
020 B000010 13-2730828
020 C000010      6
021  000000      182
022 A000001 GENERAL MOTORS ACCEPTANCE CORP.
022 C000001    542319
022 D000001         0
022 A000002 GENERAL ELECTRIC CAPITAL CORP.
022 C000002    428800
022 D000002         0
022 A000003 HSBC SECURITIES, INC.
022 B000003 13-2650272
022 C000003    369755
022 D000003       267
022 A000004 MORGAN STANLEY & CO. INCORPORATED
022 B000004 13-2655998
022 C000004    205368
022 D000004      8943
022 A000005 GOLDMAN, SACHS & CO.
022 B000005 13-5108880
022 C000005     64523
022 D000005     12381
022 A000006 CREDIT SUISSE FIRST BOSTON CORPORATION
022 B000006 13-5659485
022 C000006     27114
022 D000006     13473
022 A000007 CIT GROUP/CAPITAL INVESTMENTS INC. (THE)
022 C000007     16511
022 D000007         0
022 A000008 ASSOCIATE CORP. OF NORTH AMERICA
022 C000008     15038
022 D000008         0
022 A000009 PRUDENTIAL SECURITIES INCORPORATED
022 B000009 22-2347336
022 C000009     13986
022 D000009        69
022 A000010 FORD MOTOR CREDIT CORP.
022 C000010      7137
022 D000010         0
023 C000000    1710150
023 D000000      60613
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
<PAGE>      PAGE  4
026 G020000 N
026 H000000 N
027  000000 Y
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 Y
041  00AA00 Y
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
077 A000000 Y
077 O000000 Y
078  000000 N
015 A000101 THE BANK OF NEW YORK
015 B000101 C
015 C010101 NEW YORK
015 C020101 NY
015 C030101 10286
015 E010101 X
015 A000102 BANKERS TRUST COMPANY
015 B000102 S
015 C010102 NEW YORK
015 C020102 NY
015 C030102 10006
015 E010102 X
015 A000103 THE CHASE MANHATTAN BANK
015 B000103 S
015 C010103 NEW YORK
015 C020103 NY
015 C030103 10017
015 E010103 X
015 A000104 CUSTODIAL TRUST CO.
015 B000104 S
015 C010104 NEW YORK
015 C020104 NY
015 C030104 10167
015 E010104 X
015 A000105 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000105 S
<PAGE>      PAGE  5
015 C010105 NEW YORK
015 C020105 NY
015 C030105 10260
015 E010105 X
024  000100 N
028 A010100      2200
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028 G010100     14871
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029  000100 Y
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030 B000100  5.25
030 C000100  0.00
031 A000100      1
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032  000100      0
033  000100     14
034  000100 Y
035  000100     92
036 A000100 N
036 B000100      0
042 A000100   0
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042 C000100 100
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042 E000100   0
<PAGE>      PAGE  6
042 F000100   0
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048 G010100        0
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048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 N
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100        0
062 A000100 N
062 B000100   0.0
062 C000100   0.0
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<PAGE>      PAGE  7
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
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062 O000100   0.0
062 P000100   0.0
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062 R000100   0.0
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 N
070 N010100 Y
070 N020100 N
<PAGE>      PAGE  8
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100     18015
071 B000100     16667
071 C000100     91176
071 D000100   18
072 A000100  6
072 B000100      329
072 C000100      888
072 D000100        0
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072 G000100       48
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072 I000100      281
072 J000100       12
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072 L000100       32
072 M000100        4
072 N000100       30
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072 Q000100        0
072 R000100       12
072 S000100        7
072 T000100      501
072 U000100        4
072 V000100        0
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072 X000100     1278
072 Y000100        0
072 Z000100      -61
072AA000100     5299
072BB000100      397
072CC010100     4990
072CC020100        0
072DD010100        0
072DD020100        0
072EE000100        0
073 A010100   0.0000
073 A020100   0.0000
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073 C000100   0.0000
074 A000100        3
074 B000100        0
<PAGE>      PAGE  9
074 C000100    15391
074 D000100        0
074 E000100        0
074 F000100    95685
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100      308
074 K000100        0
074 L000100      257
074 M000100       65
074 N000100   111709
074 O000100      711
074 P000100      150
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      384
074 S000100        0
074 T000100   110464
074 U010100      469
074 U020100     6737
074 V010100     0.00
074 V020100     0.00
074 W000100   0.0000
074 X000100    37714
074 Y000100        0
075 A000100        0
075 B000100   105734
076  000100     0.00
015 A000201 THE BANK OF NEW YORK
015 B000201 C
015 C010201 NEW YORK
015 C020201 NY
015 C030201 10286
015 E010201 X
015 A000202 CREDITANSTALT AG
015 B000202 S
015 C010202 AUSTRIA
015 D010202 AUSTRIA
015 E040202 X
015 A000203 MERITA BANK LTD.
015 B000203 S
015 C010203 FINLAND
015 D010203 FINLAND
015 E040203 X
015 A000204 BANQUE PARIBAS
015 B000204 S
015 C010204 FRANCE
015 D010204 FRANCE
<PAGE>      PAGE  10
015 E040204 X
015 A000205 OEKB
015 B000205 S
015 C010205 AUSTRIA
015 D010205 AUSTRIA
015 E040205 X
015 A000206 DRESDNER BANK AG
015 B000206 S
015 C010206 GERMANY
015 D010206 GERMANY
015 E040206 X
015 A000207 ALLIED IRISH BANK
015 B000207 S
015 C010207 IRELAND
015 D010207 IRELAND
015 E040207 X
015 A000208 CBISSO
015 B000208 S
015 C010208 IRELAND
015 D010208 IRELAND
015 E040208 X
015 A000209 CREST
015 B000209 S
015 C010209 IRELAND
015 D010209 IRELAND
015 E040209 X
015 A000210 BANCA COMMERCIALE ITALIANA
015 B000210 S
015 C010210 ITALY
015 D010210 ITALY
015 E040210 X
015 A000211 DEN DANSKE BANK
015 B000211 S
015 C010211 DENMARK
015 D010211 DENMARK
015 E040211 X
015 A000212 VPC
015 B000212 S
015 C010212 DENMARK
015 D010212 DENMARK
015 E040212 X
015 A000213 MITSUBISHI BANK OF TOKYO
015 B000213 S
015 C010213 JAPAN
015 D010213 JAPAN
015 E040213 X
015 A000214 BANK OF JAPAN
015 B000214 S
015 C010214 JAPAN
015 D010214 JAPAN
015 E040214 X
<PAGE>      PAGE  11
015 A000215 JASDEC
015 B000215 S
015 C010215 JAPAN
015 D010215 JAPAN
015 E040215 X
015 A000216 CSD
015 B000216 S
015 C010216 FINLAND
015 D010216 FINLAND
015 E040216 X
015 A000217 DEN NORSKE BANK
015 B000217 S
015 C010217 NORWAY
015 D010217 NORWAY
015 E040217 X
015 A000218 VPS
015 B000218 S
015 C010218 NORWAY
015 D010218 NORWAY
015 E040218 X
015 A000219 BANCO BILBAO VIZCAYA
015 B000219 S
015 C010219 SPAIN
015 D010219 SPAIN
015 E040219 X
015 A000220 SKANDINAVISKA ENSKILDA BANKEN
015 B000220 S
015 C010220 SWEDEN
015 D010220 SWEDEN
015 E040220 X
015 A000221 UNION BANK OF SWITZERLAND
015 B000221 S
015 C010221 SWITZERLAND
015 D010221 SWITZERLAND
015 E040221 X
015 A000222 SEGA
015 B000222 S
015 C010222 SWITZERLAND
015 D010222 SWITZERLAND
015 E040222 X
015 A000223 MEES PIERSON, N.V.
015 B000223 S
015 C010223 NETHERLANDS
015 D010223 NETHERLANDS
015 E040223 X
015 A000224 THE BANK OF NEW YORK
015 B000224 S
015 C010224 LONDON
015 D010224 UNITED KINGDOM
015 E010224 X
015 A000225 NATIONAL AUSTRALIA BANK LIMITED
<PAGE>      PAGE  12
015 B000225 S
015 C010225 AUSTRALIA
015 D010225 AUSTRALIA
015 E040225 X
015 A000226 SICOVAM
015 B000226 S
015 C010226 FRANCE
015 D010226 FRANCE
015 E040226 X
015 A000227 BANQUE DE FRANCE
015 B000227 S
015 C010227 FRANCE
015 D010227 FRANCE
015 E040227 X
015 A000228 THE DEUTSCHER KASSENVEREIN AG
015 B000228 S
015 C010228 GERMANY
015 D010228 GERMANY
015 E040228 X
015 A000229 MONTE TITOLI S.P.A.
015 B000229 S
015 C010229 ITALY
015 D010229 ITALY
015 E040229 X
015 A000230 BANK OF ITALY
015 B000230 S
015 C010230 ITALY
015 D010230 ITALY
015 E040230 X
015 A000231 CHESS
015 B000231 S
015 C010231 AUSTRALIA
015 D010231 AUSTRALIA
015 E040231 X
015 A000232 NECIGEF
015 B000232 S
015 C010232 NETHERLANDS
015 D010232 NETHERLANDS
015 E040232 X
015 A000233 NIEC
015 B000233 S
015 C010233 NETHERLANDS
015 D010233 NETHERLANDS
015 E040233 X
015 A000234 BANKBOSTON, NA
015 B000234 S
015 C010234 BRAZIL
015 D010234 BRAZIL
015 E010234 X
015 A000235 SCLV
015 B000235 S
<PAGE>      PAGE  13
015 C010235 SPAIN
015 D010235 SPAIN
015 E040235 X
015 A000236 BANK OF SPAIN
015 B000236 S
015 C010236 SPAIN
015 D010236 SPAIN
015 E040236 X
015 A000237 BOVESPA
015 B000237 S
015 C010237 BRAZIL
015 D010237 BRAZIL
015 E040237 X
015 A000238 VPC
015 B000238 S
015 C010238 SWEDEN
015 D010238 SWEDEN
015 E040238 X
015 A000239 BANKERS TRUST COMPANY
015 B000239 S
015 C010239 NEW YORK
015 C020239 NY
015 C030239 10006
015 E010239 X
015 A000240 THE CHASE MANHATTAN BANK
015 B000240 S
015 C010240 NEW YORK
015 C020240 NY
015 C030240 10017
015 E010240 X
015 A000241 CUSTODIAL TRUST CO.
015 B000241 S
015 C010241 NEW YORK
015 C020241 NY
015 C030241 10167
015 E010241 X
015 A000242 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000242 S
015 C010242 NEW YORK
015 C020242 NY
015 C030242 10260
015 E010242 X
015 A000243 CGO
015 B000243 S
015 C010243 UNITED KINGDOM
015 D010243 UNITED KINGDOM
015 E040243 X
015 A000244 CREST
015 B000244 S
015 C010244 UNITED KINGDOM
015 D010244 UNITED KINGDOM
<PAGE>      PAGE  14
015 E040244 X
015 A000245 CMO
015 B000245 S
015 C010245 UNITED KINGDOM
015 D010245 UNITED KINGDOM
015 E040245 X
015 A000246 CLC
015 B000246 S
015 C010246 BRAZIL
015 D010246 BRAZIL
015 E040246 X
015 A000247 CREDIT COMMERCIAL DE FRANCE
015 B000247 S
015 C010247 FRANCE
015 D010247 FRANCE
015 E040247 X
015 A000248 HSBC LIMITED
015 B000248 S
015 C010248 HONG KONG
015 D010248 HONG KONG
015 E040248 X
015 A000249 THE HONG KONG SECURITIES CLEARING COMPANY
015 B000249 S
015 C010249 HONG KONG
015 D010249 HONG KONG
015 E040249 X
015 A000250 CCASS
015 B000250 S
015 C010250 HONG KONG
015 D010250 HONG KONG
015 E040250 X
015 A000251 THE FUJI BANK LTD.
015 B000251 S
015 C010251 JAPAN
015 D010251 JAPAN
015 E040251 X
015 A000252 THE DEVELOPMENT BANK OF SINGAPORE LTD.
015 B000252 S
015 C010252 SINGAPORE
015 D010252 SINGAPORE
015 E040252 X
015 A000253 CDP
015 B000253 S
015 C010253 SINGAPORE
015 D010253 SINGAPORE
015 E040253 X
015 A000254 UNITED OVERSEAS BANK
015 B000254 S
015 C010254 SINGAPORE
015 D010254 SINGAPORE
015 E040254 X
<PAGE>      PAGE  15
015 A000255 STANDARD CHARTERED BANK
015 B000255 S
015 C010255 SOUTH KOREA
015 D010255 SOUTH KOREA
015 E040255 X
015 A000256 KSD
015 B000256 S
015 C010256 SOUTH KOREA
015 D010256 SOUTH KOREA
015 E040256 X
015 A000257 BANK LEU LTD.
015 B000257 S
015 C010257 SWITZERLAND
015 D010257 SWITZERLAND
015 E040257 X
015 A000258 FIRST CHICAGO CLEARING CENTRE
015 B000258 S
015 C010258 UNITED KINGDOM
015 D010258 UNITED KINGDOM
015 E010258 X
024  000200 Y
025 A000201 THE GOLDMAN SACHS GROUP, INC.
025 C000201 E
025 D000201     102
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
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028 B010200       894
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028 B030200         0
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028 C020200         0
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028 C040200      2656
028 D010200       889
028 D020200         0
028 D030200         0
028 D040200      1402
028 E010200       636
028 E020200         0
028 E030200         0
028 E040200      1338
<PAGE>      PAGE  16
028 F010200       671
028 F020200         0
028 F030200         0
028 F040200      1404
028 G010200      4902
028 G020200         0
028 G030200         0
028 G040200     11596
028 H000200        82
029  000200 Y
030 A000200      5
030 B000200  5.25
030 C000200  0.00
031 A000200      1
031 B000200      0
032  000200      0
033  000200      4
034  000200 Y
035  000200     70
036 A000200 N
036 B000200      0
042 A000200   0
042 B000200   0
042 C000200 100
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200    298
044  000200      0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.750
048 A010200        0
048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
<PAGE>      PAGE  17
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 N
055 A000200 N
055 B000200 N
056  000200 Y
057  000200 N
058 A000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200        0
062 A000200 N
062 B000200   0.0
062 C000200   0.0
062 D000200   0.0
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062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
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062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 Y
067  000200 N
068 A000200 N
068 B000200 Y
069  000200 N
070 A010200 Y
070 A020200 N
<PAGE>      PAGE  18
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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015 A000301 THE BANK OF NEW YORK
015 B000301 C
015 C010301 NEW YORK
015 C020301 NY
015 C030301 10286
015 E010301 X
015 A000302 BANKERS TRUST COMPANY
015 B000302 S
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015 C030302 10006
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015 C030303 10017
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015 C030304 10167
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015 C030305 10260
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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015 A000401 THE BANK OF NEW YORK
015 B000401 C
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015 C030401 10286
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015 A000402 BANKERS TRUST COMPANY
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015 C030404 10167
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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<PAGE>      PAGE  30
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015 A000502 BANKERS TRUST COMPANY
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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SIGNATURE   DONALD C. BURKE
TITLE       TREASURER



<TABLE> <S> <C>

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<CIK> 0000918848
<NAME> MERRILL LYNCH ASSET BUILDER PROGRAM, INC.
<SERIES>
   <NUMBER> 011
   <NAME> FUNDAMENTAL VALUE PORTFOLIO

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