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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 pUkCEMZHr9p0KILeNSO7zg==

<SEC-DOCUMENT>0000950116-03-002440.txt : 20030501
<SEC-HEADER>0000950116-03-002440.hdr.sgml : 20030501
<ACCEPTANCE-DATETIME>20030501142454
ACCESSION NUMBER:		0000950116-03-002440
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030430
FILED AS OF DATE:		20030501
EFFECTIVENESS DATE:		20030501

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SWISS HELVETIA FUND INC
		CENTRAL INDEX KEY:			0000813623
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	817-00815
		FILM NUMBER:		03676384

	BUSINESS ADDRESS:	
		STREET 1:		630 FIFTH AVE
		STREET 2:		STE 915
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10111-0001
		BUSINESS PHONE:		2128677660

	MAIL ADDRESS:	
		STREET 1:		630 FIFTH AVE
		STREET 2:		STE 915
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10111-0001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HELVETIA FUND INC
		DATE OF NAME CHANGE:	19900820
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<FILENAME>n23c1.txt
<DESCRIPTION>N-23C-1
<TEXT>
<PAGE>

Form N-23C-1
Report for Calendar month Ending April 30, 2003

- -------------------------
Swiss Helvetia Fund, Inc
- -------------------------
<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------
                                        Number of
Date of each     Identification of      shares        Price per      Approximate asset value      Name of Seller or
transaction      each security          purchased     share          or approximate asset         of Sellers Broker
- -------------------------------------------------------------------------------------------------------------------
    <S>              <C>                  <C>           <C>                  <C>                      <C>
                 Swiss Helvetia
                 Fund-(Cusip-
 04/25/03        870875101)              7,000         9.5577               11.61                    NYSE
 04/28/03          (same)                8,000         9.6485               11.71                    NYSE
 04/29/03          (same)               18,000         9.6649               11.63                    NYSE
 04/30/03          (same)               24,200         9.8553               11.80                    NYSE

Total                                   57,200
</TABLE>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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