24F-2NT

             U.S. SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549

                           FORM 24F-2
     ANNUAL NOTICE OF SECURITES SOLD PURSUANT TO RULE 24F-2

     READ INSTRUCTIONS AT END OF FORM BEFORE PREPARING FORM.

1.   Name and address of issuer:

     Dryden High Yield Fund, Inc.
     100 Mulberry Street
     Gateway Center Three
     Newark, New Jersey 07102-4077

2.   The  name  of each series or class of securities  for  which
     this Form is filed
     (If  the  Form is being filed for all series and classes  of
     securities of the
     issuer, check the box but do not list series or classes):[x]


3.   Investment Company Act File Number:  811-02896.

     Securities Act File Number:  002-63394.


4.   (a)   Last day of fiscal year for which this Form is  filed:
     August 31, 2008.

     (b)  [ ] Check box if this Form is being filed late (i.e., more
          than 90
          calendar  days  after  the end of the  issuer's  fiscal
     year).
          (See Instruction A.2)


NOTE: IF THE FORM IS BEING FILED LATE, INTEREST MUST BE PAID
ON THE REGISTRATION FEE DUE.

     (c)  [ ] Check box if this is the last time the issuer will be
          filing this Form.


5.   Calculation of registration fee:

     (i)  Aggregate sale price of       $ 140,253,520
          securities sold during the
          fiscal year
            pursuant to section
          24(f):
                                        $ 266,689,456
     (ii) Aggregate  price   of
          securities redeemed or
          repurchased during
          the fiscal year:
                                        $ 1,856,614,646
     (iii)     Aggregate price of
          securities redeemed or
          repurchased during
          any PRIOR fiscal year
          ending   no   earlier
          than October 11, 1995
          that
          were  not  previously
          used     to    reduce
          registration     fees
          payable to the
          Commission:
                                        $ 2,123,304,102

     (iv) Total available redemption
          credits [add items 5(ii) and
          5(iii)]:

                                        $ 0
     (v)  Net sales -- if item 5(i)
          is greater than Item 5(iv)
          [subtract Item 5(iv)
          from Item 5(I)]:
                                        $ (1,983,050,582)
     (vi) Redemption    credits
          available for use in future
          years -- if Item 5(i) is
          less  than Item 5(iv)
          [subtract Item
          5(iv)    from    Item
          5(i)]:
                                        x  0.0000393

     (vii)      Multiplier  for
          determining registration fee
          (See Instruction C.9):

                                        = $ 0
     (viii)    Registration fee due
          [multiply Item 5(v) by Item
          5(vii)] (enter "0" if
          no fee is due):

6.   Prepaid Shares

     If  the response to Item 5(i) was determined by deducting an
     amount of
     securities that were registered under the Securities Act  of
     1933 pursuant to
     rule 24e-2 as in effect before October 11, 1997, then report
     the amount of
     securities (number of shares or other units) deducted  here:
     0. If there is a
     number  of  shares  or  other  units  that  were  registered
     pursuant to rule 24e-2
     remaining  unsold at the end of the fiscal  year  for  which
     this form is filed
     that  are  available for use by the issuer in future  fiscal
     years, then state
     that number here: 0.


7.   Interest  due  -- if this Form is being filed more  than  90
     days after the
     end of the issuer's fiscal year (see Instruction D): $ 0



8.   Total  of  the amount of the registration fee due  plus  any
     interest due
     [Item 5(viii) plus Item 7]: = $ 0


9.   Date  the registration fee and any interest payment was sent
     to the
     Commission's lockbox depository: N/A

     Method of Delivery: N/A

                         [   ] Wire Transfer
                         [   ] Mail or other means



SIGNATURES

     This  report has been signed below by the following  persons
on behalf of the
     Issuer and in the capacities and on the dates indicated.

By: (Signature and Title)     /s/ Grace Torres
                              Grace Torres
                              Treasurer     and     Principal
                              Financial
                              and Accounting Officer

Date:  November 24 2008

EX-99.77Q1 OTHR EXHB

Dryden High Yield Fund, Inc.
Gateway Center Three
100 Mulberry Street, 9th Floor
Newark, NJ 07102-4077



               November 24, 2008

Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549

Re:   Rule 24f-2 Notice for Dryden High Yield
Fund, Inc.
          File Nos. 2-63394 and 811-2896

   On behalf of the Dryden High Yield Fund,
Inc. enclosed for filing under the Investment
Company Act of 1940 is one copy of the Rule
24f-2 Notice.  This document has been filed
using the EDGAR system.  Should you have any
questions, please contact me at (973) 367-
7503.



                                     Very
                         truly yours,
                               /s/  Grace C.
Torres
Grace C. Torres
Treasurer and Principal
                              Financial and
Accounting
                              Officer