ASSET PROGRAM INC
NSAR-B, 2000-03-30
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<PAGE>      PAGE  1
000 B000000 01/31/2000
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  248
019 C00AA00 MERRILLLYN
020 A000001 MORGAN STANLEY DEAN WITTER & CO.
020 B000001 13-2655998
020 C000001     58
020 A000002 CREDIT SUISSE FIRST BOSTON CORPORATION
020 B000002 13-5659485
020 C000002     54
020 A000003 SALOMON SMITH BARNEY INC.
020 B000003 11-2418191
020 C000003     46
020 A000004 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000004 13-5674085
020 C000004     44
020 A000005 WARBURG DILLION READ LLC
020 B000005 13-3340045
020 C000005     40
020 A000006 SCHRODER & CO. INC.
020 B000006 13-2697272
020 C000006     36
020 A000007 GOLDMAN, SACHS & CO.
020 B000007 13-5108880
020 C000007     31
020 A000008 MORGAN (J.P.) SECURITIES INC.
020 B000008 13-3224016
020 C000008     25
<PAGE>      PAGE  3
020 A000009 PRUDENTIAL SECURITIES INCORPORATED
020 B000009 22-2347336
020 C000009     20
020 A000010 DEUTSCHE BANK SECURITIES INC.
020 B000010 13-2730828
020 C000010     18
021  000000      575
022 A000001 GENERAL MOTORS ACCEPTANCE CORP.
022 C000001    863068
022 D000001         0
022 A000002 GENERAL ELECTRIC CAPITAL CORP.
022 C000002    749081
022 D000002         0
022 A000003 HSBC SECURITIES (U.S.A.) INC.
022 B000003 13-2650272
022 C000003    478469
022 D000003      4159
022 A000004 ASSOCIATES CORP. OF NORTH AMERICA
022 C000004    428158
022 D000004         0
022 A000005 MORGAN STANLEY DEAN WITTER & CO.
022 B000005 13-2655998
022 C000005    305975
022 D000005     18866
022 A000006 CIT GROUP/CAPITAL INVESTMENTS INC. (THE)
022 C000006    214935
022 D000006         0
022 A000007 GOLDMAN, SACHS & CO.
022 B000007 13-5108880
022 C000007    141902
022 D000007     19495
022 A000008 CREDIT SUISSE FIRST BOSTON CORPORATION
022 B000008 13-5659485
022 C000008     59093
022 D000008     14663
022 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000009 13-2741729
022 C000009     47661
022 D000009      6123
022 A000010 MORGAN (J.P.) SECURITIES INC.
022 B000010 13-3224016
022 C000010     21832
022 D000010      4130
023 C000000    3433404
023 D000000     115233
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
<PAGE>      PAGE  4
026 G010000 N
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 B000000 Y
077 O000000 Y
078  000000 N
080 A00AA00 ICI MUTUAL INSURANCE CO.
080 C00AA00     2500
081 A00AA00 Y
081 B00AA00 158
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 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
<PAGE>      PAGE  5
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
015 C010105 NEW YORK
015 C020105 NY
015 C030105 10260
015 E010105 X
024  000100 N
028 A010100      2073
028 A020100         0
028 A030100         0
028 A040100      1424
028 B010100      1900
028 B020100         0
028 B030100         0
028 B040100      1339
028 C010100      1614
028 C020100         0
028 C030100         0
028 C040100      1450
028 D010100      1426
028 D020100         0
028 D030100         0
028 D040100      2156
028 E010100      1206
028 E020100      2499
028 E030100         0
028 E040100      2709
028 F010100      1733
028 F020100         0
028 F030100         0
028 F040100      3769
028 G010100      9952
028 G020100      2499
028 G030100         0
028 G040100     12847
028 H000100       221
029  000100 Y
030 A000100     24
030 B000100  5.25
<PAGE>      PAGE  6
030 C000100  0.00
031 A000100      1
031 B000100      0
032  000100      0
033  000100     23
034  000100 Y
035  000100    159
036 A000100 N
036 B000100      0
042 A000100   0
042 B000100   0
042 C000100 100
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100   1012
044  000100      0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.650
048 A010100        0
048 A020100 0.000
048 B010100        0
048 B020100 0.000
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
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 Y
<PAGE>      PAGE  7
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
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
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
<PAGE>      PAGE  8
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
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100     61089
071 B000100     48985
071 C000100     92622
071 D000100   53
072 A000100 12
072 B000100      642
072 C000100     1905
072 D000100        0
072 E000100        0
072 F000100      692
072 G000100       83
072 H000100        0
072 I000100      589
072 J000100       23
072 K000100        0
072 L000100       78
072 M000100        8
072 N000100       79
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       23
072 S000100       22
072 T000100     1012
072 U000100        7
072 V000100        0
072 W000100        7
072 X000100     2623
072 Y000100        0
<PAGE>      PAGE  9
072 Z000100      -76
072AA000100    11914
072BB000100     4466
072CC010100        0
072CC020100     6127
072DD010100        0
072DD020100        0
072EE000100     2920
073 A010100   0.0000
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100        0
074 C000100     2098
074 D000100        0
074 E000100        0
074 F000100    97869
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100      304
074 M000100       39
074 N000100   100310
074 O000100     1052
074 P000100      141
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      556
074 S000100        0
074 T000100    98561
074 U010100      447
074 U020100     6730
074 V010100     0.00
074 V020100     0.00
074 W000100   0.0000
074 X000100    37410
074 Y000100        0
075 A000100        0
075 B000100   105854
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
<PAGE>      PAGE  10
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
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
<PAGE>      PAGE  11
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
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
<PAGE>      PAGE  12
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
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
<PAGE>      PAGE  13
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
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
<PAGE>      PAGE  14
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
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.
<PAGE>      PAGE  15
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
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 MORGAN STANLEY, DEAN WITTER & CO.
025 C000201 D
025 D000201    1496
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200       572
028 A020200         0
028 A030200         0
028 A040200      1243
028 B010200       557
028 B020200         0
<PAGE>      PAGE  16
028 B030200         0
028 B040200      1008
028 C010200       606
028 C020200         0
028 C030200         0
028 C040200       836
028 D010200       701
028 D020200         0
028 D030200         0
028 D040200      1345
028 E010200       727
028 E020200      3217
028 E030200         0
028 E040200      1385
028 F010200      1172
028 F020200         0
028 F030200         0
028 F040200      1296
028 G010200      4335
028 G020200      3217
028 G030200         0
028 G040200      7113
028 H000200       103
029  000200 Y
030 A000200      1
030 B000200  5.25
030 C000200  0.00
031 A000200      0
031 B000200      0
032  000200      0
033  000200      1
034  000200 Y
035  000200    119
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    599
044  000200      0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.750
048 A010200        0
048 A020200 0.000
<PAGE>      PAGE  17
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
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 Y
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
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
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
<PAGE>      PAGE  18
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
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
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200     57461
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071 C000200     60044
<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
015 C010302 NEW YORK
015 C020302 NY
015 C030302 10006
015 E010302 X
015 A000303 THE CHASE MANHATTAN BANK
015 B000303 S
015 C010303 NEW YORK
015 C020303 NY
015 C030303 10017
015 E010303 X
015 A000304 CUSTODIAL TRUST CO.
015 B000304 S
015 C010304 NEW YORK
015 C020304 NY
015 C030304 10167
015 E010304 X
015 A000305 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000305 S
015 C010305 NEW YORK
015 C020305 NY
015 C030305 10260
015 E010305 X
024  000300 Y
<PAGE>      PAGE  21
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025 C000301 D
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025 A000302 GOLDMAN SACHS GROUP INC.
025 C000302 D
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025 A000303 SALOMON SMITH BARNEY HOLDINGS, INC.
025 C000303 D
025 D000303      97
025 A000304 DONALDSON, LUFKIN & JENRETTE INC.
025 C000304 D
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<PAGE>      PAGE  22
032  000300      0
033  000300      2
034  000300 Y
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042 B000300   0
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042 E000300   0
042 F000300   0
042 G000300   0
042 H000300   0
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045  000300 Y
046  000300 N
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048 I020300 0.000
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048 J020300 0.000
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048 K020300 0.000
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050  000300 N
051  000300 N
052  000300 N
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053 B000300 Y
053 C000300 N
055 A000300 N
055 B000300 N
<PAGE>      PAGE  23
056  000300 Y
057  000300 N
058 A000300 N
059  000300 Y
060 A000300 Y
060 B000300 Y
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062 O000300   0.0
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062 R000300   0.0
063 A000300   0
063 B000300 10.9
064 A000300 N
064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
<PAGE>      PAGE  24
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 Y
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300     23170
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<PAGE>      PAGE  25
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015 A000401 THE BANK OF NEW YORK
015 B000401 C
015 C010401 NEW YORK
015 C020401 NY
015 C030401 10286
015 E010401 X
015 A000402 BANKERS TRUST COMPANY
015 B000402 S
015 C010402 NEW YORK
<PAGE>      PAGE  26
015 C020402 NY
015 C030402 10006
015 E010402 X
015 A000403 THE CHASE MANHATTAN BANK
015 B000403 S
015 C010403 NEW YORK
015 C020403 NY
015 C030403 10017
015 E010403 X
015 A000404 CUSTODIAL TRUST CO.
015 B000404 S
015 C010404 NEW YORK
015 C020404 NY
015 C030404 10167
015 E010404 X
015 A000405 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000405 S
015 C010405 NEW YORK
015 C020405 NY
015 C030405 10260
015 E010405 X
024  000400 Y
025 A000401 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
025 B000401 13-2741729
025 C000401 D
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<PAGE>      PAGE  27
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045  000400 Y
046  000400 N
047  000400 Y
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<PAGE>      PAGE  28
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048 J020400 0.000
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048 K020400 0.000
049  000400 N
050  000400 N
051  000400 N
052  000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
055 A000400 N
055 B000400 N
056  000400 Y
057  000400 N
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064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
<PAGE>      PAGE  29
070 A010400 Y
070 A020400 Y
070 B010400 N
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
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070 Q020400 N
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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015 A000501 THE BANK OF NEW YORK
015 B000501 C
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015 C020501 NY
015 C030501 10286
015 E010501 X
015 A000502 BANKERS TRUST COMPANY
015 B000502 S
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015 C020502 NY
015 C030502 10006
015 E010502 X
015 A000503 THE CHASE MANHATTAN BANK
015 B000503 S
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015 C020503 NY
015 C030503 10017
015 E010503 X
015 A000504 CUSTODIAL TRUST CO.
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015 C020504 NY
015 C030504 10167
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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050  000500 N
<PAGE>      PAGE  34
051  000500 N
052  000500 N
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070 A010500 Y
070 A020500 N
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<PAGE>      PAGE  35
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070 K020500 N
070 L010500 Y
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<PAGE>      PAGE  36
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SIGNATURE   DONALD C. BURKE
TITLE       TREASURER



<TABLE> <S> <C>

<ARTICLE> 6
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<NAME> MERRILL LYNCH ASSET BUILDER PROGRAM, INC.
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