-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PL7obIu8Ci6m16Dxs09MKr9XEFg7oXovhyzD50nu4bTEWVP2om50rfc/Tru0r4/V Z7r6j6iCliL6Tf+D5xCFfQ== 0000950147-97-000597.txt : 19970912 0000950147-97-000597.hdr.sgml : 19970912 ACCESSION NUMBER: 0000950147-97-000597 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 19970630 FILED AS OF DATE: 19970829 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: PILGRIM AMERICA MASTERS SERIES INC CENTRAL INDEX KEY: 0000944689 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: NSAR-B SEC ACT: SEC FILE NUMBER: 811-09040 FILM NUMBER: 97673178 BUSINESS ADDRESS: STREET 1: 2 RENAISSANCE SQUARE 12TH FLR STREET 2: 40 NORTH CENTRAL CITY: PHOENIX STATE: AZ ZIP: 85004 BUSINESS PHONE: 6024178133 MAIL ADDRESS: STREET 1: 2 RENAISSANCE SQUARE 12TH FLR STREET 2: 40 NORTH CENTRAL CITY: PHOENIX STATE: AZ ZIP: 85004 NSAR-B 1 N-SAR (3.0)

PILGRIM AMERICA MASTERS SERIES, INC. [FILE-NUMBER] 811-9040

PAGE 1 000 B000000 06/30/97 000 C000000 0000944689 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 3.0 000 J000000 U 001 A000000 PILGRIM AMERICA MASTERS SERIES, INC. 001 B000000 811-9040 001 C000000 6024178100 002 A000000 2 RENAISSANCE SQ 40 N CENT AVE #1200 002 B000000 PHOENIX 002 C000000 AZ 002 D010000 85004 002 D020000 4424 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 3 007 C010100 1 007 C020100 ASIA-PACIFIC EQUITY FUND 007 C030100 N 007 C010200 2 007 C020200 MIDCAP VALUE FUND 007 C030200 N 007 C010300 3 007 C020300 LARGECAP VALUE FUND 007 C030300 N 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 008 A00AA01 PILGRIM AMERICA INVESTMENTS, INC. 008 B00AA01 A 008 C00AA01 801-8178 008 D01AA01 PHOENIX 008 D02AA01 AZ 008 D03AA01 85004 008 D04AA01 4424 010 A00AA01 PILGRIM AMERICA GROUP, INC. 010 C01AA01 PHOENIX 010 C02AA01 AZ 010 C03AA01 85004 010 C04AA01 4424 PAGE 2 011 A00AA01 PILGRIM AMERICA SECURITIES, INC. 011 B00AA01 8-8272 011 C01AA01 PHOENIX 011 C02AA01 AZ 011 C03AA01 85004 011 C04AA01 4424 012 A00AA01 INVESTORS FIDUCIARY TRUST CO. 012 B00AA01 85-00535 012 C01AA01 KANSAS CITY 012 C02AA01 MO 012 C03AA01 64105 012 C04AA01 1594 013 A00AA01 KPMG PEAT MARWICK LLP 013 B01AA01 LOS ANGELES 013 B02AA01 CA 013 B03AA01 90017 015 A00AA01 INVESTORS FIDUCIARY TRUST CO. 015 B00AA01 C 015 C01AA01 KANSAS CITY 015 C02AA01 MO 015 C03AA01 64105 015 C04AA01 1716 015 E01AA01 X 018 00AA00 Y 019 A00AA00 Y 019 B00AA00 8 019 C00AA00 PILGRIMAME 020 A000001 STANDARD AND POORS 020 B000001 13-2671951 020 C000001 44 020 A000002 BARING SECURITIES 020 B000002 13-3107580 020 C000002 39 020 A000003 JARDINE FLEMING 020 C000003 36 020 A000004 BZW SECURITIES LTD 020 C000004 29 020 A000005 DEUTSCHE, MORGAN, GRENFELL 020 B000005 13-2730828 020 C000005 27 020 A000006 HG ASIA LTD 020 C000006 19 020 A000007 PEREGRINE BROKE 020 C000007 15 020 A000008 UBS SECURITIES 020 B000008 13-2932996 020 C000008 14 020 A000009 AUTRANET 020 B000009 13-2961507 020 C000009 13 020 A000010 WI CARR PAGE 3 020 B000010 13-2927466 020 C000010 13 021 000000 523 022 A000001 MERRILL LYNCH 022 B000001 13-5674085 022 C000001 1101894 022 D000001 1012 022 A000002 GENERAL ELECTRIC CAPITAL 022 C000002 36903 022 D000002 0 022 A000003 LEHMAN BROTHERS 022 B000003 13-2518466 022 C000003 29148 022 D000003 0 022 A000004 PRUDENTIAL SECURITIES 022 B000004 22-2347336 022 C000004 3935 022 D000004 0 022 A000005 BARING SECURITIES 022 B000005 13-3107580 022 C000005 1208 022 D000005 292 022 A000006 GOLDMAN SACHS 022 B000006 13-5108880 022 C000006 1338 022 D000006 130 022 A000007 CANTOR FITZGERALD 022 B000007 13-2698893 022 C000007 1189 022 D000007 139 022 A000008 SALOMON BROTHERS 022 B000008 13-3082694 022 C000008 850 022 D000008 248 022 A000009 ROBERT BAIRD 022 B000009 39-6037917 022 C000009 583 022 D000009 503 022 A000010 SCOTIA MCLEOD USA 022 C000010 930 022 D000010 0 023 C000000 1185984 023 D000000 4753 024 00AA00 N 025 D00AA01 0 025 D00AA02 0 025 D00AA03 0 025 D00AA04 0 025 D00AA05 0 025 D00AA06 0 025 D00AA07 0 PAGE 4 025 D00AA08 0 026 A000000 N 026 B000000 Y 026 C000000 N 026 D000000 Y 026 E000000 Y 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 Y 049 00AA00 N 050 00AA00 N 051 00AA00 N 052 00AA00 N 053 A00AA00 Y 053 B00AA00 Y 053 C00AA00 N 054 A00AA00 Y 054 B00AA00 N 054 C00AA00 N 054 D00AA00 N 054 E00AA00 N 054 F00AA00 N 054 G00AA00 Y 054 H00AA00 Y 054 I00AA00 N 054 J00AA00 Y 054 K00AA00 N 054 L00AA00 N 054 M00AA00 Y 054 N00AA00 N 054 O00AA00 N 058 A00AA00 N 059 00AA00 Y 060 A00AA00 Y 060 B00AA00 Y 061 00AA00 1000 062 A00AA00 N 062 B00AA00 0.0 062 C00AA00 0.0 062 D00AA00 0.0 062 E00AA00 0.0 062 F00AA00 0.0 062 G00AA00 0.0 062 H00AA00 0.0 062 I00AA00 0.0 062 J00AA00 0.0 062 K00AA00 0.0 062 L00AA00 0.0 062 M00AA00 0.0 PAGE 5 062 N00AA00 0.0 062 O00AA00 0.0 062 P00AA00 0.0 062 Q00AA00 0.0 062 R00AA00 0.0 063 A00AA00 0 063 B00AA00 0.0 077 A000000 N 078 000000 N 080 A00AA00 RELIANCE INSURANCE COMPANY 080 C00AA00 5000 081 A00AA00 Y 081 B00AA00 10 082 A00AA00 N 082 B00AA00 0 083 A00AA00 N 083 B00AA00 0 084 A00AA00 N 084 B00AA00 0 085 A00AA00 Y 085 B00AA00 N 086 A010000 0 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 028 A010100 10404 028 A020100 0 028 A030100 0 028 A040100 5700 028 B010100 16955 028 B020100 0 028 B030100 0 028 B040100 6170 028 C010100 3327 028 C020100 0 028 C030100 0 028 C040100 2283 028 D010100 11066 028 D020100 0 028 D030100 0 028 D040100 8030 028 E010100 6441 028 E020100 0 PAGE 6 028 E030100 0 028 E040100 9050 028 F010100 8455 028 F020100 0 028 F030100 0 028 F040100 13457 028 G010100 56648 028 G020100 0 028 G030100 0 028 G040100 44690 028 H000100 52422 029 000100 Y 030 A000100 652 030 B000100 5.75 030 C000100 0.00 031 A000100 109 031 B000100 0 032 000100 543 033 000100 0 034 000100 Y 035 000100 0 036 A000100 Y 036 B000100 0 037 000100 N 038 000100 0 039 000100 N 040 000100 Y 041 000100 Y 042 A000100 0 042 B000100 0 042 C000100 0 042 D000100 0 042 E000100 0 042 F000100 0 042 G000100 0 042 H000100 100 043 000100 388 044 000100 0 045 000100 Y 046 000100 N 047 000100 Y 048 000100 1.250 048 A010100 0 048 A020100 0.000 048 B010100 0 048 B020100 0.000 048 C010100 0 048 C020100 0.000 048 D010100 0 048 D020100 0.000 048 E010100 0 PAGE 7 048 E020100 0.000 048 F010100 0 048 F020100 0.000 048 G010100 0 048 G020100 0.000 048 H010100 0 048 H020100 0.000 048 I010100 0 048 I020100 0.000 048 J010100 0 048 J020100 0.000 048 K010100 0 048 K020100 0.000 055 A000100 Y 055 B000100 N 056 000100 N 057 000100 N 066 A000100 Y 066 B000100 N 066 C000100 Y 066 D000100 N 066 E000100 N 066 F000100 N 066 G000100 N 067 000100 N 068 A000100 N 068 B000100 Y 069 000100 N 070 A010100 Y 070 A020100 Y 070 B010100 Y 070 B020100 N 070 C010100 Y 070 C020100 N 070 D010100 Y 070 D020100 N 070 E010100 Y 070 E020100 N 070 F010100 Y 070 F020100 N 070 G010100 Y 070 G020100 N 070 H010100 Y 070 H020100 N 070 I010100 N 070 I020100 N 070 J010100 Y 070 J020100 N 070 K010100 Y 070 K020100 N 070 L010100 Y PAGE 8 070 L020100 Y 070 M010100 Y 070 M020100 Y 070 N010100 N 070 N020100 N 070 O010100 Y 070 O020100 N 070 P010100 Y 070 P020100 N 070 Q010100 Y 070 Q020100 N 070 R010100 N 070 R020100 N 071 A000100 47358 071 B000100 22313 071 C000100 59263 071 D000100 38 072 A000100 12 072 B000100 125 072 C000100 1099 072 D000100 0 072 E000100 0 072 F000100 773 072 G000100 0 072 H000100 0 072 I000100 255 072 J000100 213 072 K000100 12 072 L000100 12 072 M000100 3 072 N000100 40 072 O000100 0 072 P000100 0 072 Q000100 0 072 R000100 15 072 S000100 20 072 T000100 376 072 U000100 22 072 V000100 0 072 W000100 64 072 X000100 1805 072 Y000100 335 072 Z000100 -246 072AA000100 0 072BB000100 2113 072CC010100 5844 072CC020100 0 072DD010100 31 072DD020100 2 072EE000100 0 073 A010100 0.0160 PAGE 9 073 A020100 0.0023 073 B000100 0.0000 073 C000100 0.0000 074 A000100 403 074 B000100 0 074 C000100 3015 074 D000100 1991 074 E000100 0 074 F000100 67975 074 G000100 0 074 H000100 0 074 I000100 28 074 J000100 0 074 K000100 40 074 L000100 1470 074 M000100 101 074 N000100 75023 074 O000100 0 074 P000100 250 074 Q000100 0 074 R010100 0 074 R020100 0 074 R030100 0 074 R040100 964 074 S000100 0 074 T000100 73809 074 U010100 2972 074 U020100 2786 074 V010100 10.93 074 V020100 10.83 074 W000100 0.0000 074 X000100 9785 074 Y000100 0 075 A000100 0 075 B000100 61860 076 000100 0.00 028 A010200 6140 028 A020200 192 028 A030200 0 028 A040200 1003 028 B010200 4762 028 B020200 0 028 B030200 0 028 B040200 811 028 C010200 3541 028 C020200 0 028 C030200 0 028 C040200 666 028 D010200 2761 028 D020200 0 028 D030200 0 PAGE 10 028 D040200 1431 028 E010200 3139 028 E020200 0 028 E030200 0 028 E040200 702 028 F010200 4695 028 F020200 0 028 F030200 0 028 F040200 2169 028 G010200 25038 028 G020200 192 028 G030200 0 028 G040200 6782 028 H000200 15152 029 000200 Y 030 A000200 568 030 B000200 5.75 030 C000200 0.00 031 A000200 95 031 B000200 0 032 000200 473 033 000200 0 034 000200 Y 035 000200 34 036 A000200 Y 036 B000200 0 037 000200 N 038 000200 0 039 000200 N 040 000200 Y 041 000200 Y 042 A000200 0 042 B000200 0 042 C000200 0 042 D000200 0 042 E000200 0 042 F000200 0 042 G000200 0 042 H000200 100 043 000200 169 044 000200 0 045 000200 Y 046 000200 N 047 000200 Y 048 000200 1.000 048 A010200 0 048 A020200 0.000 048 B010200 0 048 B020200 0.000 048 C010200 0 048 C020200 0.000 PAGE 11 048 D010200 0 048 D020200 0.000 048 E010200 0 048 E020200 0.000 048 F010200 0 048 F020200 0.000 048 G010200 0 048 G020200 0.000 048 H010200 0 048 H020200 0.000 048 I010200 0 048 I020200 0.000 048 J010200 0 048 J020200 0.000 048 K010200 0 048 K020200 0.000 055 A000200 N 055 B000200 N 056 000200 N 057 000200 N 066 A000200 Y 066 B000200 N 066 C000200 Y 066 D000200 N 066 E000200 N 066 F000200 N 066 G000200 N 067 000200 N 068 A000200 N 068 B000200 N 069 000200 N 070 A010200 Y 070 A020200 Y 070 B010200 Y 070 B020200 N 070 C010200 Y 070 C020200 N 070 D010200 Y 070 D020200 N 070 E010200 Y 070 E020200 N 070 F010200 Y 070 F020200 N 070 G010200 Y 070 G020200 N 070 H010200 Y 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 Y 070 J020200 N PAGE 12 070 K010200 Y 070 K020200 Y 070 L010200 Y 070 L020200 Y 070 M010200 N 070 M020200 N 070 N010200 N 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 N 070 Q010200 Y 070 Q020200 N 070 R010200 Y 070 R020200 N 071 A000200 56201 071 B000200 20087 071 C000200 23438 071 D000200 86 072 A000200 12 072 B000200 99 072 C000200 308 072 D000200 0 072 E000200 0 072 F000200 250 072 G000200 0 072 H000200 0 072 I000200 80 072 J000200 26 072 K000200 7 072 L000200 7 072 M000200 1 072 N000200 28 072 O000200 0 072 P000200 0 072 Q000200 0 072 R000200 4 072 S000200 4 072 T000200 169 072 U000200 22 072 V000200 0 072 W000200 1 072 X000200 599 072 Y000200 50 072 Z000200 -142 072AA000200 1180 072BB000200 0 072CC010200 5149 072CC020200 0 072DD010200 17 PAGE 13 072DD020200 10 072EE000200 0 073 A010200 0.0667 073 A020200 0.0484 073 B000200 0.1143 073 C000200 0.0000 074 A000200 13 074 B000200 0 074 C000200 840 074 D000200 0 074 E000200 0 074 F000200 47987 074 G000200 0 074 H000200 0 074 I000200 0 074 J000200 1191 074 K000200 15 074 L000200 507 074 M000200 94 074 N000200 50647 074 O000200 1579 074 P000200 1 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 446 074 S000200 0 074 T000200 48621 074 U010200 1160 074 U020200 1606 074 V010200 14.64 074 V020200 14.49 074 W000200 0.0000 074 X000200 4563 074 Y000200 0 075 A000200 0 075 B000200 25051 076 000200 0.00 028 A010300 1299 028 A020300 313 028 A030300 0 028 A040300 317 028 B010300 1715 028 B020300 0 028 B030300 0 028 B040300 81 028 C010300 1159 028 C020300 0 028 C030300 0 028 C040300 137 PAGE 14 028 D010300 1338 028 D020300 0 028 D030300 0 028 D040300 297 028 E010300 965 028 E020300 0 028 E030300 0 028 E040300 485 028 F010300 1066 028 F020300 0 028 F030300 0 028 F040300 380 028 G010300 7542 028 G020300 313 028 G030300 0 028 G040300 1697 028 H000300 4363 029 000300 Y 030 A000300 274 030 B000300 5.75 030 C000300 0.00 031 A000300 46 031 B000300 0 032 000300 228 033 000300 0 034 000300 Y 035 000300 0 036 A000300 Y 036 B000300 0 037 000300 N 038 000300 0 039 000300 N 040 000300 Y 041 000300 Y 042 A000300 0 042 B000300 0 042 C000300 0 042 D000300 0 042 E000300 0 042 F000300 0 042 G000300 0 042 H000300 100 043 000300 120 044 000300 0 045 000300 Y 046 000300 N 047 000300 Y 048 000300 1.000 048 A010300 0 048 A020300 0.000 048 B010300 0 PAGE 15 048 B020300 0.000 048 C010300 0 048 C020300 0.000 048 D010300 0 048 D020300 0.000 048 E010300 0 048 E020300 0.000 048 F010300 0 048 F020300 0.000 048 G010300 0 048 G020300 0.000 048 H010300 0 048 H020300 0.000 048 I010300 0 048 I020300 0.000 048 J010300 0 048 J020300 0.000 048 K010300 0 048 K020300 0.000 055 A000300 N 055 B000300 N 056 000300 N 057 000300 N 066 A000300 Y 066 B000300 N 066 C000300 Y 066 D000300 N 066 E000300 N 066 F000300 N 066 G000300 N 067 000300 N 068 A000300 N 068 B000300 N 069 000300 N 070 A010300 Y 070 A020300 Y 070 B010300 Y 070 B020300 N 070 C010300 Y 070 C020300 N 070 D010300 Y 070 D020300 N 070 E010300 Y 070 E020300 N 070 F010300 Y 070 F020300 N 070 G010300 Y 070 G020300 N 070 H010300 Y 070 H020300 N 070 I010300 N PAGE 16 070 I020300 N 070 J010300 Y 070 J020300 N 070 K010300 Y 070 K020300 N 070 L010300 Y 070 L020300 Y 070 M010300 N 070 M020300 N 070 N010300 N 070 N020300 N 070 O010300 Y 070 O020300 N 070 P010300 Y 070 P020300 N 070 Q010300 Y 070 Q020300 N 070 R010300 N 070 R020300 N 071 A000300 31623 071 B000300 14091 071 C000300 16346 071 D000300 86 072 A000300 12 072 B000300 51 072 C000300 324 072 D000300 0 072 E000300 0 072 F000300 174 072 G000300 0 072 H000300 0 072 I000300 77 072 J000300 49 072 K000300 4 072 L000300 5 072 M000300 1 072 N000300 23 072 O000300 0 072 P000300 0 072 Q000300 0 072 R000300 2 072 S000300 4 072 T000300 120 072 U000300 22 072 V000300 0 072 W000300 1 072 X000300 482 072 Y000300 100 072 Z000300 -7 072AA000300 1682 072BB000300 0 PAGE 17 072CC010300 2599 072CC020300 0 072DD010300 21 072DD020300 3 072EE000300 0 073 A010300 0.0544 073 A020300 0.0038 073 B000300 0.2379 073 C000300 0.0000 074 A000300 11 074 B000300 0 074 C000300 770 074 D000300 0 074 E000300 0 074 F000300 26338 074 G000300 0 074 H000300 0 074 I000300 0 074 J000300 212 074 K000300 26 074 L000300 127 074 M000300 92 074 N000300 27576 074 O000300 241 074 P000300 1 074 Q000300 0 074 R010300 0 074 R020300 0 074 R030300 0 074 R040300 43 074 S000300 0 074 T000300 27291 074 U010300 632 074 U020300 969 074 V010300 14.17 074 V020300 14.04 074 W000300 0.0000 074 X000300 2337 074 Y000300 0 075 A000300 0 075 B000300 17432 076 000300 0.00 SIGNATURE JAMES REIS TITLE EXEC. VICE PRESIDENT EX-27.1 2 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 011 Pilgrim America Masters Asia-Pacific Equity Fund Class A 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 67,358 73,009 1,510 403 101 75,023 464 0 750 1,214 0 70,391 2,972 1,775 0 50 0 2,172 5,641 32,485 1,099 125 0 1,470 (246) (2,112) 5,844 3,486 0 0 0 31 6,023 4,829 3 31,173 0 0 20 48 773 0 1,811 27,660 10.35 0.02 0.58 0 0 0.02 10.93 2.00 0 0

EX-27.2 3 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 012 Pilgrim America Masters Asia-Pacific Equity Fund-Class B 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 67,358 73,009 1,510 403 101 75,023 464 0 750 1,214 0 70,391 2,786 1,726 0 50 0 2,172 5,641 30,169 1,099 125 0 1,470 (246) (2,112) 5,844 3,486 0 0 0 0 1,612 552 0 31,173 0 0 20 48 773 0 1,811 24,787 10.31 (0.07) 0.59 0.00 0.00 0.00 10.83 2.75 0 0

EX-27.3 4 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 013 Pilgrim America Masters Asia-Pacific Equity Fund-Class M 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 67,358 73,009 1,510 403 101 75,023 464 0 750 1,214 0 70,391 1,027 628 0 50 0 2,172 5,641 11,155 1,099 125 0 1,470 (246) (2,112) 5,844 3,486 0 0 0 2 566 167 0 31,173 0 0 20 48 773 0 1,811 9,413 10.32 (0.05) 0.59 0.00 0.00 0.00 10.86 2.50 0 0

EX-27.4 5 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 021 Pilgrim America Masters MidCap Value Fund-Class A 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 43,279 48,827 1,713 13 94 50,647 1,579 0 447 2,026 0 42,169 1,160 199 0 121 1,025 0 5,548 16,985 308 99 0 548 (141) 1,180 5,149 6,188 0 0 88 17 1,232 278 7 42,378 46 65 0 0 251 0 599 9,251 11.99 (0.02) 2.85 0.07 0.11 0.00 14.64 1.75 0 0

EX-27.5 6 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 022 Pilgrim America Masters MidCap Value Fund-Class B 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 43,279 48,827 1,713 13 94 50,647 1,579 0 447 2,026 0 42,169 1,606 178 0 121 1,025 0 5,548 23,258 308 99 0 548 (141) 1,180 5,149 6,188 0 0 100 10 1,640 220 8 42,378 46 65 0 0 251 0 599 11,139 11.94 (0.05) 2.76 0.05 0.11 0.00 14.49 2.50 0 0

EX-27.6 7 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 023 Pilgrim America Masters MidCap Value Fund-Class M 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 43,279 48,827 1,713 13 94 50,647 1,579 0 447 2,026 0 42,169 578 145 0 121 1,025 0 5,548 8,378 308 99 0 548 (141) 1,180 5,149 6,188 0 0 40 12 473 44 4 42,378 46 65 0 0 251 0 599 4,661 11.93 (0.03) 2.76 0.06 0.11 0.00 14.49 2.25 0 0

EX-27.7 8 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 031 Pilgrim America Masters LargeCap Value Fund-Class A 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 24,328 27,108 366 11 91 27,576 242 0 43 285 0 23,044 632 215 4 0 1,464 0 2,780 8,961 324 51 0 381 (6) 1,682 2,599 4,275 0 0 119 21 539 132 10 22,097 15 130 0 0 174 0 482 6,151 11.77 0.06 2.63 0.05 0.24 0.00 14.17 1.75 0 0

EX-27.8 9 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 032 Pilgrim America Masters LargeCap Value Fund-Class B 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 24,328 27,108 366 11 91 27,576 242 0 43 285 0 23,044 969 122 4 0 1,464 0 2,780 13,611 324 51 0 381 (6) 1,682 2,599 4,275 0 0 170 3 896 60 11 22,097 15 130 0 0 174 0 482 8,180 11.71 (0.02) 2.59 0.00 0.24 0.00 14.04 2.50 0 0

EX-27.9 10 FDS --
6 0000944689 Pilgrim America Masters Series, Inc. 033 Pilgrim America Masters LargeCap Value Fund-Class M 1,000 U.S. DOLLARS 12-MOS JUN-30-1997 JUL-01-1996 JUN-30-1997 1 24,328 27,108 366 11 91 27,576 242 0 43 285 0 23,044 335 106 4 0 1,464 0 2,780 4,719 324 51 0 381 (6) 1,682 2,599 4,275 0 0 60 2 3,185 437 58 22,097 15 130 0 0 174 0 482 3,101 11.73 0.00 2.62 0.00 0.24 0.00 14.10 2.25 0 0

EX-99 11 INTERNAL CONTROL LETTER The Board of Directors Pilgrim America Masters Series, Inc.: In planning and performing our audit of the financial statements of Pilgrim America Masters Asia-Pacific Equity Fund, Pilgrim America Masters MidCap Value Fund, and Pilgrim America Masters LargeCap Value Fund (the three Funds comprising Pilgrim America Masters Series, Inc.), as of and for the year ended June 30, 1997, we considered the Funds' internal control structure, including procedures 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, not to provide assurance on the internal control structure. The management of Pilgrim America Masters Asia-Pacific Equity Fund, Pilgrim America Masters MidCap Value Fund, and Pilgrim America Masters LargeCap Value Fund are responsible for establishing and maintaining an internal control structure. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of internal control structure policies and procedures. Two of the objectives of an internal control structure are to provide management with reasonable, but not absolute, assurance that assets are safeguarded against loss from unauthorized use or disposition and that transactions are executed in accordance with management's authorization and recorded properly to permit preparation of financial statements in conformity with generally accepted accounting principles. Because of inherent limitations in any internal control structure, errors or irregularities may occur and not be detected. Also, projection of any evaluation of the structure to future periods is subject to the risks that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of the internal control structure would not necessarily disclose all matters in the internal control structure 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 the specific internal control structure elements does not reduce to a relatively low level the risk that errors or irregularities 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 internal control structure, including procedures for safeguarding securities, that we consider to be material weaknesses as defined above as of June 30, 1997. This report is intended solely for the information and use of management and the Securities and Exchange Commission. /s/ KPMG Peat Marwick LLP August 1, 1997 ~~-----END PRIVACY-ENHANCED MESSAGE-----~~