MORGAN STANLEY DEAN WITTER CAPITAL APPRECIATION FUND
NSAR-A, 1998-07-30
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SIGNATURE   BARRY FINK                                   
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Morgan Stanley Dean Witter Capital Appreciation Fund
Semi-Annual NSAR 5/31/98 Class A Shares
</LEGEND>
<CIK> 0000948777
<NAME> MSDW CAPITAL APPRECIATION FUND
       
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Morgan Stanley Dean Witter Capital Appreciation Fund
Semi-Annual NSAR 5/31/98 Class B Shares
</LEGEND>
<CIK> 0000948777
<NAME> MSDW CAPITAL APPRECIATION FUND
       
<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Morgan Stanley Dean Witter Capital Appreciation Fund
Semi-Annual NSAR 5/31/98 Class C Shares
</LEGEND>
<CIK> 0000948777
<NAME> MSDW CAPITAL APPRECIATION FUND
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Morgan Stanley Dean Witter Capital Appreciation Fund
Semi-Annual NSAR 5/31/98 Class D Shares
</LEGEND>
<CIK> 0000948777
<NAME> MSDW CAPITAL APPRECIATION FUND
       
<S>                             <C>
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<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (0.48)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.73
<EXPENSE-RATIO>                                   1.06
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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