<PAGE> PAGE 1
000 A000000 12/31/1999
000 C000000 0000922457
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 GLOBAL SMALLCAP FUND, INC.
001 B000000 811-7171
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 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 MERRILL LYNCH ASSET MANAGEMENT, L.P.
008 B000001 A
008 C000001 801-11583
008 D010001 PRINCETON
008 D020001 NJ
008 D030001 08543
008 D040001 9011
008 A000002 MERRILL LYNCH ASSET MANAGEMENT U.K., LTD.
008 B000002 S
008 C000002 801-31780
008 D010002 LONDON
008 D050002 ENGLAND
008 D060002 EC24 9LY
011 A000001 MERRILL LYNCH FUNDS DISTRIBUTOR, INC.
011 B000001 8-14663
011 C010001 PRINCETON
011 C020001 NJ
011 C030001 08543
<PAGE> PAGE 2
011 C040001 9011
012 A000001 FINANCIAL DATA SERVICES, INC.
012 B000001 84-01339
012 C010001 JACKSONVILLE
012 C020001 FL
012 C030001 32246
012 C040001 6484
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 PRINCETON
013 B020001 NJ
013 B030001 08540
014 A000001 MLPF&S AND OTHER ML BROKER/DEALER AFFILIATES
014 B000001 8-7221
015 A000001 BROWN BROTHERS HARRIMAN & CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
015 A000002 NATIONAL AUSTRALIA BANK LTD.
015 B000002 S
015 C010002 MELBOURNE
015 D010002 AUSTRALIA
015 E040002 X
015 A000003 BANK AUSTRIA AG
015 B000003 S
015 C010003 AUSTRIA
015 D010003 AUSTRIA
015 E040003 X
015 A000004 OEKB
015 B000004 S
015 C010004 AUSTRIA
015 D010004 AUSTRIA
015 E040004 X
015 A000005 ABN-AMRO BANK
015 B000005 S
015 C010005 NETHERLANDS
015 D010005 NETHERLANDS
015 E040005 X
015 A000006 MERITA
015 B000006 S
015 C010006 FINLAND
015 D010006 FINLAND
015 E040006 X
015 A000007 BANQUE DE FRANCE
015 B000007 S
015 C010007 FRANCE
015 D010007 FRANCE
015 E040007 X
015 A000008 BANK OF CANADA
015 B000008 S
<PAGE> PAGE 3
015 C010008 CANADA
015 D010008 CANADA
015 E040008 X
015 A000009 HSBC LIMITED
015 B000009 S
015 C010009 HONG KONG
015 D010009 HONG KONG
015 E040009 X
015 A000010 CRESTCO.
015 B000010 S
015 C010010 UNITED KINGDOM
015 D010010 UNITED KINGDOM
015 E040010 X
015 A000011 NATIONAL AUSTRALIA BANK
015 B000011 S
015 C010011 AUKLAND
015 D010011 NEW ZEALAND
015 E040011 X
015 A000012 THE CHASE MANHATTAN BANK
015 B000012 S
015 C010012 NEW YORK
015 C020012 NY
015 C030012 10017
015 E010012 X
015 A000013 CITIBANK
015 B000013 S
015 C010013 JAKARTA
015 D010013 INDONESIA
015 E010013 X
015 A000014 CGO
015 B000014 S
015 C010014 UNITED KINGDOM
015 D010014 UNITED KINGDOM
015 E040014 X
015 A000015 CMO
015 B000015 S
015 C010015 UNITED KINGDOM
015 D010015 UNITED KINGDOM
015 E040015 X
015 A000016 THE BANK OF NEW YORK
015 B000016 S
015 C010016 NEW YORK
015 C020016 NY
015 C030016 10286
015 E010016 X
015 A000017 BANKERS TRUST COMPANY
015 B000017 S
015 C010017 NEW YORK
015 C020017 NY
015 C030017 10006
015 E010017 X
<PAGE> PAGE 4
015 A000018 VPC
015 B000018 S
015 C010018 SWEDEN
015 D010018 SWEDEN
015 E040018 X
015 A000019 SEGA
015 B000019 S
015 C010019 SWITZERLAND
015 D010019 SWITZERLAND
015 E040019 X
015 A000020 CSD
015 B000020 S
015 C010020 FINLAND
015 D010020 FINLAND
015 E040020 X
015 A000021 CITIBANK
015 B000021 S
015 C010021 MUMBAI
015 D010021 INDIA
015 E010021 X
015 A000022 NECIGEF
015 B000022 S
015 C010022 NETHERLANDS
015 D010022 NETHERLANDS
015 E040022 X
015 A000023 RBNZ
015 B000023 S
015 C010023 NEW ZEALAND
015 D010023 NEW ZEALAND
015 E040023 X
015 A000024 NSDL
015 B000024 S
015 C010024 INDIA
015 D010024 INDIA
015 E040024 X
015 A000025 ALLIED IRISH BANK PLC
015 B000025 S
015 C010025 IRELAND
015 D010025 IRELAND
015 E040025 X
015 A000026 MONTE TITOLI
015 B000026 S
015 C010026 ITALY
015 D010026 ITALY
015 E040026 X
015 A000027 CRESTCO.
015 B000027 S
015 C010027 IRELAND
015 D010027 IRELAND
015 E040027 X
015 A000028 GSO
<PAGE> PAGE 5
015 B000028 S
015 C010028 IRELAND
015 D010028 IRELAND
015 E040028 X
015 A000029 CITIBANK
015 B000029 S
015 C010029 SEOUL
015 D010029 SOUTH KOREA
015 E040029 X
015 A000030 KSD
015 B000030 S
015 C010030 SOUTH KOREA
015 D010030 SOUTH KOREA
015 E040030 X
015 A000031 DEUTSCHER BOERSE CLEARING
015 B000031 S
015 C010031 GERMANY
015 D010031 GERMANY
015 E040031 X
015 A000032 CDS
015 B000032 S
015 C010032 CANADA
015 D010032 CANADA
015 E040032 X
015 A000033 ROYAL BANK OF SCOTLAND TRUST BANK
015 B000033 S
015 C010033 UNITED KINGDOM
015 D010033 UNITED KINGDOM
015 E040033 X
015 A000034 DRESDNER BANK
015 B000034 S
015 C010034 GERMANY
015 D010034 GERMANY
015 E040034 X
015 A000035 BANCA COMMERCIALE ITALIANA
015 B000035 S
015 C010035 ITALY
015 D010035 ITALY
015 E040035 X
015 A000036 JASDEC
015 B000036 S
015 C010036 JAPAN
015 D010036 JAPAN
015 E040036 X
015 A000037 AUSTRACLEAR
015 B000037 S
015 C010037 AUSTRALIA
015 D010037 AUSTRALIA
015 E040037 X
015 A000038 DNB
015 B000038 S
<PAGE> PAGE 6
015 C010038 NETHERLANDS
015 D010038 NETHERLANDS
015 E040038 X
015 A000039 RESERVE BANK OF AUSTRALIA
015 B000039 S
015 C010039 AUSTRALIA
015 D010039 AUSTRALIA
015 E040039 X
015 A000040 STANDARD CHARTERED BANK
015 B000040 S
015 C010040 TAIPEI
015 D010040 TAIWAN
015 E040040 X
015 A000041 HKSCC
015 B000041 S
015 C010041 HONG KONG
015 D010041 HONG KONG
015 E040041 X
015 A000042 BANK OF JAPAN
015 B000042 S
015 C010042 JAPAN
015 D010042 JAPAN
015 E040042 X
015 A000043 BANCA D'ITALIA
015 B000043 S
015 C010043 ITALY
015 D010043 ITALY
015 E040043 X
015 A000044 UBS AG
015 B000044 S
015 C010044 SWITZERLAND
015 D010044 SWITZERLAND
015 E040044 X
015 A000045 THE SUMITOMO BANK, LIMITED
015 B000045 S
015 C010045 JAPAN
015 D010045 JAPAN
015 E040045 X
015 A000046 SKANDINAVISKA ENSKILDA BANKEN
015 B000046 S
015 C010046 SWEDEN
015 D010046 SWEDEN
015 E040046 X
015 A000047 LPP
015 B000047 S
015 C010047 INDONESIA
015 D010047 INDONESIA
015 E040047 X
015 A000048 PT KSEI
015 B000048 S
015 C010048 INDONESIA
<PAGE> PAGE 7
015 D010048 INDONESIA
015 E040048 X
015 A000049 TSCD
015 B000049 S
015 C010049 TAIWAN
015 D010049 TAIWAN
015 E040049 X
015 A000050 DELETE
015 A000051 DELETE
015 A000052 CUSTODIAL TRUST CO.
015 B000052 S
015 C010052 NEW YORK
015 C020052 NY
015 C030052 10167
015 E010052 X
015 A000053 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000053 S
015 C010053 NEW YORK
015 C020053 NY
015 C030053 10260
015 E010053 X
015 A000054 BANQUE PARIBAS
015 B000054 S
015 C010054 FRANCE
015 D010054 FRANCE
015 E040054 X
015 A000055 SICOVAM SA.
015 B000055 S
015 C010055 FRANCE
015 D010055 FRANCE
015 E040055 X
015 A000056 ROYAL BANK OF CANADA
015 B000056 S
015 C010056 CANADA
015 D010056 CANADA
015 E040056 X
015 A000057 DELETE
015 A000058 DELETE
015 A000059 HONG KONG BANK MALAYSIA BERHAD
015 B000059 S
015 C010059 MALAYSIA
015 D010059 MALAYSIA
015 E040059 X
015 A000060 MCD
015 B000060 S
015 C010060 MALAYSIA
015 D010060 MALAYSIA
015 E040060 X
015 A000061 BANK NEGARA
015 B000061 S
015 C010061 MALAYSIA
<PAGE> PAGE 8
015 D010061 MALAYSIA
015 E040061 X
018 000000 Y
019 A000000 Y
019 B000000 248
019 C000000 MERRILLLYN
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001 29
020 A000002 ROBERT FLEMING INC.
020 B000002 13-3298866
020 C000002 27
020 A000003 INSTINET CORPORATION
020 B000003 13-3443395
020 C000003 21
020 A000004 ING BARINGSS(U.S.) SECURITIES, INC.
020 C000004 15
020 A000005 ABN AMRO INCORPORATED
020 B000005 13-3227945
020 C000005 14
020 A000006 WARBURG DILLON READ LLC
020 B000006 13-3340045
020 C000006 11
020 A000007 MACQUARIE EQUITIES (U.S.A) INC.
020 C000007 8
020 A000008 DRESDNER KLEINWORT BENSON NORTH AMERICA LLC
020 B000008 13-3894311
020 C000008 7
020 A000009 CAZENOVE INCORPORATED
020 B000009 94-1658752
020 C000009 7
020 A000010 SALOMON SMITH BARNEY INC.
020 B000010 11-2418191
020 C000010 7
021 000000 240
022 A000001 GENERAL MOTORS ACCEPTANCE CORP.
022 C000001 71020
022 D000001 0
022 A000002 HSBC SECURITIES (U.S.A.) INC.
022 B000002 13-2650272
022 C000002 25538
022 D000002 1346
022 A000003 GENERAL ELECTRIC CAPITAL CORP.
022 C000003 24893
022 D000003 0
022 A000004 MORGAN (J.P.) SECURITIES INC.
022 B000004 13-3224016
022 C000004 8863
022 D000004 537
022 A000005 MORGAN STANLEY DEAN WITTER & CO.
022 B000005 13-2655998
<PAGE> PAGE 9
022 C000005 5010
022 D000005 1732
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
022 C000006 2739
022 D000006 2642
022 A000007 DEUTSCHE BANK SECURITIES INC.
022 B000007 13-2730828
022 C000007 3530
022 D000007 1363
022 A000008 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000008 13-2741729
022 C000008 1476
022 D000008 2530
022 A000009 RS INVESTMENT MANAGEMENT
022 C000009 3333
022 D000009 353
022 A000010 CHASE SECURITIES INC.
022 B000010 13-3112953
022 C000010 2188
022 D000010 1195
023 C000000 172840
023 D000000 25790
024 000000 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 2297
028 A020000 0
028 A030000 0
028 A040000 1429
028 B010000 1119
028 B020000 0
028 B030000 0
028 B040000 1698
028 C010000 1150
028 C020000 0
028 C030000 0
028 C040000 1071
028 D010000 1141
028 D020000 0
028 D030000 0
028 D040000 1325
028 E010000 3424
<PAGE> PAGE 10
028 E020000 0
028 E030000 0
028 E040000 1829
028 F010000 8549
028 F020000 0
028 F030000 0
028 F040000 2692
028 G010000 17680
028 G020000 0
028 G030000 0
028 G040000 10044
028 H000000 3056
029 000000 Y
030 A000000 25
030 B000000 5.25
030 C000000 0.00
031 A000000 1
031 B000000 0
032 000000 0
033 000000 24
034 000000 Y
035 000000 20
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 222
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.850
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
<PAGE> PAGE 11
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
055 A000000 Y
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 0
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
<PAGE> PAGE 12
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 0.0
062 Q000000 0.0
062 R000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 Y
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 Y
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
<PAGE> PAGE 13
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 72976
071 B000000 71050
071 C000000 56410
071 D000000 126
072 A000000 6
072 B000000 42
072 C000000 173
072 D000000 0
072 E000000 0
072 F000000 244
072 G000000 38
072 H000000 0
072 I000000 42
072 J000000 64
072 K000000 0
072 L000000 49
072 M000000 23
072 N000000 32
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 19
072 S000000 18
072 T000000 222
072 U000000 2
072 V000000 0
072 W000000 9
072 X000000 762
072 Y000000 0
072 Z000000 -547
072AA000000 18652
072BB000000 5285
072CC010000 22889
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 4564
074 B000000 0
074 C000000 3002
074 D000000 0
074 E000000 363
<PAGE> PAGE 14
074 F000000 85087
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 326
074 K000000 0
074 L000000 1197
074 M000000 33
074 N000000 94572
074 O000000 1976
074 P000000 113
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 753
074 S000000 0
074 T000000 91730
074 U010000 1504
074 U020000 3649
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 7414
074 Y000000 0
075 A000000 0
075 B000000 57030
076 000000 0.00
077 A000000 Y
077 O000000 Y
078 000000 N
SIGNATURE DONALD C. BURKE
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922457
<NAME> MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 58233744
<INVESTMENTS-AT-VALUE> 88451510
<RECEIVABLES> 1523445
<ASSETS-OTHER> 4596677
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 94571632
<PAYABLE-FOR-SECURITIES> 1975627
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 866268
<TOTAL-LIABILITIES> 2841895
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 64346798
<SHARES-COMMON-STOCK> 708958
<SHARES-COMMON-PRIOR> 405440
<ACCUMULATED-NII-CURRENT> (546756)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2271904)
<OVERDISTRIBUTION-GAINS> (31856)
<ACCUM-APPREC-OR-DEPREC> 30233455
<NET-ASSETS> 12737261
<DIVIDEND-INCOME> 173080
<INTEREST-INCOME> 41560
<OTHER-INCOME> 0
<EXPENSES-NET> (761396)
<NET-INVESTMENT-INCOME> (546756)
<REALIZED-GAINS-CURRENT> 13367400
<APPREC-INCREASE-CURRENT> 22889398
<NET-CHANGE-FROM-OPS> 35710042
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 416289
<NUMBER-OF-SHARES-REDEEMED> (112771)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 43345859
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (15639304)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (31856)
<GROSS-ADVISORY-FEES> 243701
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 761396
<AVERAGE-NET-ASSETS> 6340596
<PER-SHARE-NAV-BEGIN> 10.46
<PER-SHARE-NII> (.07)
<PER-SHARE-GAIN-APPREC> 7.58
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.97
<EXPENSE-RATIO> 1.83
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922457
<NAME> MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
<SERIES>
<NUMBER> 002
<NAME> CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 58233744
<INVESTMENTS-AT-VALUE> 88451510
<RECEIVABLES> 1523445
<ASSETS-OTHER> 4596677
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 94571632
<PAYABLE-FOR-SECURITIES> 1975627
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 866268
<TOTAL-LIABILITIES> 2841895
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 64346798
<SHARES-COMMON-STOCK> 3331981
<SHARES-COMMON-PRIOR> 3303701
<ACCUMULATED-NII-CURRENT> (546756)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2271904)
<OVERDISTRIBUTION-GAINS> (31856)
<ACCUM-APPREC-OR-DEPREC> 30233455
<NET-ASSETS> 59172268
<DIVIDEND-INCOME> 173080
<INTEREST-INCOME> 41560
<OTHER-INCOME> 0
<EXPENSES-NET> (761396)
<NET-INVESTMENT-INCOME> (546756)
<REALIZED-GAINS-CURRENT> 13367400
<APPREC-INCREASE-CURRENT> 22889398
<NET-CHANGE-FROM-OPS> 35710042
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 545768
<NUMBER-OF-SHARES-REDEEMED> (517488)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 43345859
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (15639304)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (31856)
<GROSS-ADVISORY-FEES> 243701
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 761396
<AVERAGE-NET-ASSETS> 38776515
<PER-SHARE-NAV-BEGIN> 10.39
<PER-SHARE-NII> (.13)
<PER-SHARE-GAIN-APPREC> 7.50
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.76
<EXPENSE-RATIO> 2.88
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922457
<NAME> MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 58233744
<INVESTMENTS-AT-VALUE> 88451510
<RECEIVABLES> 1523445
<ASSETS-OTHER> 4596677
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 94571632
<PAYABLE-FOR-SECURITIES> 1975627
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 866268
<TOTAL-LIABILITIES> 2841895
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 64346798
<SHARES-COMMON-STOCK> 317338
<SHARES-COMMON-PRIOR> 254689
<ACCUMULATED-NII-CURRENT> (546756)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2271904)
<OVERDISTRIBUTION-GAINS> (31856)
<ACCUM-APPREC-OR-DEPREC> 30233455
<NET-ASSETS> 5587042
<DIVIDEND-INCOME> 173080
<INTEREST-INCOME> 41560
<OTHER-INCOME> 0
<EXPENSES-NET> (761396)
<NET-INVESTMENT-INCOME> (546756)
<REALIZED-GAINS-CURRENT> 13367400
<APPREC-INCREASE-CURRENT> 22889398
<NET-CHANGE-FROM-OPS> 35710042
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 181746
<NUMBER-OF-SHARES-REDEEMED> (119097)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 43345859
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (15639304)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (31856)
<GROSS-ADVISORY-FEES> 243701
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 761396
<AVERAGE-NET-ASSETS> 3310308
<PER-SHARE-NAV-BEGIN> 10.30
<PER-SHARE-NII> (.13)
<PER-SHARE-GAIN-APPREC> 7.44
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.61
<EXPENSE-RATIO> 2.88
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000922457
<NAME> MERRILL LYNCH GLOBAL SMALLCAP FUND, INC.
<SERIES>
<NUMBER> 004
<NAME> CLASS D
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-START> JUL-01-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 58233744
<INVESTMENTS-AT-VALUE> 88451510
<RECEIVABLES> 1523445
<ASSETS-OTHER> 4596677
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 94571632
<PAYABLE-FOR-SECURITIES> 1975627
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 866268
<TOTAL-LIABILITIES> 2841895
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 64346798
<SHARES-COMMON-STOCK> 794416
<SHARES-COMMON-PRIOR> 689897
<ACCUMULATED-NII-CURRENT> (546756)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2271904)
<OVERDISTRIBUTION-GAINS> (31856)
<ACCUM-APPREC-OR-DEPREC> 30233455
<NET-ASSETS> 14233166
<DIVIDEND-INCOME> 173080
<INTEREST-INCOME> 41560
<OTHER-INCOME> 0
<EXPENSES-NET> (761396)
<NET-INVESTMENT-INCOME> (546756)
<REALIZED-GAINS-CURRENT> 13367400
<APPREC-INCREASE-CURRENT> 22889398
<NET-CHANGE-FROM-OPS> 35710042
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 195820
<NUMBER-OF-SHARES-REDEEMED> (91301)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 43345859
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (15639304)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (31856)
<GROSS-ADVISORY-FEES> 243701
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 761396
<AVERAGE-NET-ASSETS> 8602422
<PER-SHARE-NAV-BEGIN> 10.44
<PER-SHARE-NII> (.08)
<PER-SHARE-GAIN-APPREC> 7.56
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.92
<EXPENSE-RATIO> 2.10
</TABLE>