SPECTRA FUND INC
NSAR-A, 1996-06-26
Previous: SOUTHERN MINERAL CORP, 8-K, 1996-06-26
Next: SPECTRUM CONTROL INC, 10-Q, 1996-06-26



<PAGE>      PAGE  1
000 A000000 04/30/96
000 C000000 0000092751
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 SPECTRA FUND
001 B000000 811-1743
001 C000000 2128068800
002 A000000 75 MAIDEN LANE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10038
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
011 A000001 FRED ALGER & COMPANY INCORPORATED
011 B000001 8-15900
011 C010001 JERSEY CITY
011 C020001 NJ
011 C030001 07302
020 A000001 FRED ALGER & COMPANY, INCORPORATED
020 B000001 13-2665689
020 C000001      6
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        6
022 A000001 MERRILL LYNCH PIERCE FENNER SMITH INC
022 B000001 13-5674085
022 C000001      5303
022 D000001      2541
022 A000002 LEHMAN BROS, INC
022 B000002 13-2518406
022 C000002       544
022 D000002       432
022 A000003 SMITH BARNEY HARRRIS UPHAM
022 B000003 13-1912900
022 C000003       446
<PAGE>      PAGE  2
022 D000003       211
022 A000004 GOLDMAN SACHS & CO
022 B000004 13-5108880
022 C000004       335
022 D000004       203
022 A000005 MORGAN STANLEY & CO
022 B000005 13-2655998
022 C000005       370
022 D000005       165
022 A000006 ALEX BROWN & SONS INC
022 B000006 52-1319768
022 C000006       423
022 D000006        95
022 A000007 WESSELS ARNOLD & CO
022 B000007 41-1554568
022 C000007       125
022 D000007       305
022 A000008 PRUDENTIAL BACHE SECURITIES INC
022 B000008 22-2347336
022 C000008       114
022 D000008       178
022 A000009 ROBERTSON STEPHENS & CO
022 B000009 94-2386395
022 C000009        93
022 D000009       179
022 A000010 CANTOR FITZGERALD & CO., INC
022 B000010 13-3680184
022 C000010        26
022 D000010       232
023 C000000       9020
023 D000000       5901
024  000000 N
025 A000001 DELETE
025 D000001       0
025 A000002 DELETE
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
<PAGE>      PAGE  3
027  000000 Y
028 A010000         0
028 A020000         0
028 A030000         0
028 A040000         0
028 B010000         0
028 B020000         0
028 B030000         0
028 B040000         0
028 C010000         0
028 C020000         0
028 C030000         0
028 C040000         0
028 D010000       779
028 D020000         0
028 D030000         0
028 D040000       171
028 E010000      1778
028 E020000         0
028 E030000         0
028 E040000         5
028 F010000       899
028 F020000         0
028 F030000         0
028 F040000         1
028 G010000      3456
028 G020000         0
028 G030000         0
028 G040000       177
028 H000000         0
029  000000 N
030 A000000      0
030 B000000  0.00
030 C000000  0.00
034  000000 N
035  000000      0
036 B000000      0
037  000000 N
038  000000      0
039  000000 N
040  000000 N
045  000000 Y
046  000000 N
047  000000 N
048  000000  0.000
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
<PAGE>      PAGE  4
048 D010000        0
048 D020000 0.000
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 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
054 O000000 N
058 A000000 N
059  000000 Y
060 A000000 N
060 B000000 N
061  000000        1
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
062 J000000   0.0
<PAGE>      PAGE  5
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 Y
066 D000000 N
066 E000000 N
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
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 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
<PAGE>      PAGE  6
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000      6279
071 B000000      5277
071 C000000      4537
071 D000000  116
072 A000000  6
072 B000000        6
072 C000000        8
072 D000000        0
072 E000000        0
072 F000000       38
072 G000000        0
072 H000000        0
072 I000000        6
072 J000000        2
072 K000000        0
072 L000000        4
072 M000000        1
072 N000000        0
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000        8
072 S000000        7
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000        2
072 X000000       68
072 Y000000        2
072 Z000000      -52
072AA000000      369
072BB000000      598
072CC010000      744
072CC020000        0
072DD010000        0
072DD020000        0
072EE000000     2133
073 A010000   0.0000
073 A020000   0.0000
073 B000000   8.3100
073 C000000   0.0000
074 A000000        1
074 B000000        0
074 C000000      290
074 D000000        0
074 E000000        0
074 F000000     6662
<PAGE>      PAGE  7
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000       84
074 K000000        0
074 L000000        1
074 M000000        3
074 N000000     7041
074 O000000        0
074 P000000       30
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000       28
074 S000000        0
074 T000000     6983
074 U010000      522
074 U020000        0
074 V010000    13.37
074 V020000     0.00
074 W000000   0.0000
074 X000000      769
074 Y000000        0
075 A000000        0
075 B000000     4692
076  000000     0.00
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 Y
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078  000000 N
SIGNATURE   GREGORY S. DUCH                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000092751
<NAME> SPECTRA FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                          6116647
<INVESTMENTS-AT-VALUE>                         6951796
<RECEIVABLES>                                    84824
<ASSETS-OTHER>                                    4589
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 7041209
<PAYABLE-FOR-SECURITIES>                         30174
<SENIOR-LONG-TERM-DEBT>                          28322
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                              58496
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       7006632
<SHARES-COMMON-STOCK>                           522106
<SHARES-COMMON-PRIOR>                           256720
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          792809
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         66259
<ACCUM-APPREC-OR-DEPREC>                        835149
<NET-ASSETS>                                   6982713
<DIVIDEND-INCOME>                                 7593
<INTEREST-INCOME>                                 6019
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   66280
<NET-INVESTMENT-INCOME>                        (52668)
<REALIZED-GAINS-CURRENT>                      (228661)
<APPREC-INCREASE-CURRENT>                       744067
<NET-CHANGE-FROM-OPS>                           462738
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     (2133339)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         279477
<NUMBER-OF-SHARES-REDEEMED>                      14090
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         1608638
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      2295741
<OVERDISTRIB-NII-PRIOR>                         740141
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            78214
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 166512
<AVERAGE-NET-ASSETS>                           4692356
<PER-SHARE-NAV-BEGIN>                            20.93
<PER-SHARE-NII>                                   1.36
<PER-SHARE-GAIN-APPREC>                          (.61)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (8.31)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.37
<EXPENSE-RATIO>                                   2.91
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission