0000814507-01-500007.txt : 20011009 0000814507-01-500007.hdr.sgml : 20011009 ACCESSION NUMBER: 0000814507-01-500007 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20010731 FILED AS OF DATE: 20010927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MERRILL LYNCH EQUITY INCOME FUND CENTRAL INDEX KEY: 0000814507 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NJ FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-05178 FILM NUMBER: 1746098 BUSINESS ADDRESS: STREET 1: 800 SCUDDERS MILL ROAD CITY: PLAINSBORO STATE: NJ ZIP: 08536 BUSINESS PHONE: (609)282-2 MAIL ADDRESS: STREET 1: MERRILL LYNCH ASSET MANAGEMENT STREET 2: P.O. BOX 9066 CITY: PRINCETON STATE: NJ ZIP: 08543-9011 FORMER COMPANY: FORMER CONFORMED NAME: MERRILL LYNCH DIVIDEND APPRECIATION FUND DATE OF NAME CHANGE: 19870803 NSAR-B 1 answer.fil PAGE 1 000 B000000 07/31/2001 000 C000000 0000814507 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 EQUITY INCOME FUND 001 B000000 811-5178 001 C000000 6092822800 002 A000000 P.O. 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BROWN INC. 020 B000008 13-2730828 020 C000008 11 020 A000009 KEEFE, BRUYETTE & WOODS, INC. 020 C000009 11 020 A000010 GRUNTAL & CO., L.L.C. 020 B000010 13-3933850 020 C000010 11 021 000000 317 022 A000001 UBS WARBURG LLC 022 B000001 13-3340045 022 C000001 1410883 022 D000001 0 022 A000002 MORGAN STANLEY DEAN WITTER & CO. 022 B000002 13-2655998 022 C000002 122244 022 D000002 1998 022 A000003 J.P. MORGAN SECURITIES INC. 022 B000003 13-3224016 022 C000003 88930 022 D000003 8985 022 A000004 CREDIT SUISSE FIRST BOSTON CORPORATION 022 B000004 13-5659485 022 C000004 46856 022 D000004 0 022 A000005 LEHMAN BROTHERS COMMERCIAL PAPER 022 C000005 23889 022 D000005 0 022 A000006 HSBC SECURITIES (USA) INC. 022 B000006 13-2650272 022 C000006 71 022 D000006 15978 022 A000007 GOLDMAN, SACHS & CO. 022 B000007 13-5108880 022 C000007 9656 022 D000007 0 022 A000008 THE CIT GROUP/CAPITAL INVESTMENTS INC. 022 C000008 5978 PAGE 5 022 D000008 0 022 A000009 BANC OF AMERICA SECURITIES LLC 022 B000009 56-2058405 022 C000009 1227 022 D000009 0 022 A000010 LEHMAN BROTHERS INC. 022 B000010 13-2518466 022 C000010 970 022 D000010 0 023 C000000 1710716 023 D000000 26961 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 2623 028 A020000 0 028 A030000 0 028 A040000 2091 028 B010000 2581 028 B020000 0 028 B030000 0 028 B040000 2269 028 C010000 4425 028 C020000 361 028 C030000 0 028 C040000 2545 028 D010000 32535 028 D020000 0 028 D030000 0 028 D040000 2694 028 E010000 9599 028 E020000 0 028 E030000 0 028 E040000 2430 028 F010000 6686 028 F020000 299 028 F030000 0 028 F040000 4357 028 G010000 58449 028 G020000 660 028 G030000 0 028 G040000 16386 028 H000000 32110 PAGE 6 029 000000 Y 030 A000000 103 030 B000000 5.25 030 C000000 0.00 031 A000000 7 031 B000000 0 032 000000 0 033 000000 96 034 000000 Y 035 000000 52 036 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 740 044 000000 0 045 000000 Y 046 000000 N 047 000000 Y 048 000000 0.600 048 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 0.000 048 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 PAGE 7 048 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 N 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 0.0 062 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 PAGE 8 066 D000000 N 066 E000000 N 066 F000000 N 066 G000000 Y 067 000000 N 068 A000000 N 068 B000000 N 069 000000 N 070 A010000 Y 070 A020000 Y 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 Y 070 M010000 Y 070 M020000 Y 070 N010000 Y 070 N020000 N 070 O010000 Y 070 O020000 N 070 P010000 Y 070 P020000 N 070 Q010000 N 070 Q020000 N 070 R010000 N 070 R020000 N 071 A000000 112173 071 B000000 95149 071 C000000 155774 071 D000000 61 072 A000000 12 072 B000000 1009 072 C000000 3529 PAGE 9 072 D000000 0 072 E000000 0 072 F000000 1039 072 G000000 79 072 H000000 0 072 I000000 353 072 J000000 21 072 K000000 0 072 L000000 165 072 M000000 41 072 N000000 65 072 O000000 0 072 P000000 0 072 Q000000 0 072 R000000 35 072 S000000 78 072 T000000 740 072 U000000 0 072 V000000 0 072 W000000 17 072 X000000 2633 072 Y000000 0 072 Z000000 1905 072AA000000 23492 072BB000000 8429 072CC010000 0 072CC020000 2242 072DD010000 1783 072DD020000 312 072EE000000 18354 073 A010000 0.0000 073 A020000 0.0000 073 B000000 0.0000 073 C000000 0.0000 074 A000000 844 074 B000000 6116 074 C000000 16964 074 D000000 0 074 E000000 0 074 F000000 182198 074 G000000 0 074 H000000 0 074 I000000 0 074 J000000 0 074 K000000 0 074 L000000 905 074 M000000 38 074 N000000 207065 074 O000000 0 074 P000000 181 074 Q000000 0 PAGE 10 074 R010000 0 074 R020000 0 074 R030000 0 074 R040000 1846 074 S000000 0 074 T000000 205038 074 U010000 11607 074 U020000 5072 074 V010000 0.00 074 V020000 0.00 074 W000000 0.0000 074 X000000 20104 074 Y000000 0 075 A000000 0 075 B000000 173205 076 000000 0.00 077 A000000 Y 077 B000000 Y 077 O000000 Y 078 000000 N 080 A000000 ICI MUTUAL INSURANCE CO. 080 C000000 600 081 A000000 Y 081 B000000 152 082 A000000 N 082 B000000 0 083 A000000 N 083 B000000 0 084 A000000 N 084 B000000 0 085 A000000 Y 085 B000000 N SIGNATURE DONALD C. BURKE TITLE TREASURER EX-99.77B ACCT LTTR 3 eqinc77b.txt INDEPENDENT AUDITORS' REPORT The Board of Trustees and Shareholders, Merrill Lynch Equity Income Fund, Inc.: In planning and performing our audit of the financial statements of Merrill Lynch Equity Income Fund, Inc. (the "Fund") (formerly Merrill Lynch Strategic Dividend Fund, Inc.) for the year ended July 31, 2000 (on which we have issued our report dated September 10, 2001), we considered its internal control, including control activities for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, and not to provide assurance on the Fund's internal control. The management of the Fund is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with accounting principles generally accepted in the United States of America. Those controls include the safeguarding of assets against unauthorized acquisition, use, or disposition. Because of inherent limitations in any internal control, misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of internal control to future periods are subject to the risk that the internal control may become inadequate because of changes in conditions, or that the degree of compliance with policies or procedures may deteriorate. Our consideration of the Fund's internal control would not necessarily disclose all matters in the internal control that might be material weaknesses under standards established by the American Institute of Certified Public Accountants. A material weakness is a condition in which the design or operation of one or more of the internal control components does not reduce to a relatively low level the risk that misstatements caused by error or fraud in amounts that would be material in relation to the financial statements being audited may occur and not be detected within a timely period by employees in the normal course of performing their assigned functions. However, we noted no matters involving the Fund's internal control and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above as of July 31, 2001. This report is intended solely for the information and use of management, the Board of Trustees and Shareholders of the Fund, and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ Deloitte & Touche LLP September 10, 2001 EX-99.77O RULE 10F-3 4 eqinc77o.htm 10F-3 TRANSACTIONS

MERRILL LYNCH EQUITY INCOME FUND

FILE # 811- 5178

ATTACHMENT 77O

 

 

 

 

 

 

TRADE DATE

 

 

 

DESCRIPTION OF SECURITY

 

 

 

AMOUNT PURCHASED

 

 

 

 

ISSUE SIZE

MEMBER OF UNDERWRITING SYNDICATE FROM WHOM FUND PURCHASED

04/20/01

Aquila

$969,600.

$420,000,000.

Lehman Brothers

04/27/02

Reliant Resources

$675,000.

$1,560,000,000.

Goldman Sachs

06/04/01

Global Power Equipment

$12,000.

$147,000,000.

CSFB

06/20/01

The Phoenix Companies

$575,750.

$854,000,000.

Morgan Stanley
   

$

$