PAGE 1
000 A000000 06/30/2006
000 C000000 0001278895
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 CAPITAL & INCOME STRATEGIES FUND, INC.
001 B000000 811-21506
001 C000000 6092822800
002 A000000 P.O. BOX 9011
002 B000000 PRINCETON
002 C000000 NJ
002 D010000 08543
002 D020000 9011
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 FUND ASSET MANAGEMENT, L.P.
008 B000001 A
008 C000001 801-12485
008 D010001 PLAINSBORO
008 D020001 NJ
008 D030001 08536
011 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
011 B000001 8-7221
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10281
011 C040001 1201
012 A000001 THE BANK OF NEW YORK
012 B000001 85-05006
012 C010001 NEW YORK
012 C020001 NY
012 C030001 10286
013 A000001 DELOITTE & TOUCHE LLP
PAGE 2
013 B010001 PRINCETON
013 B020001 NJ
013 B030001 08540
014 A000001 MLPF&S AND OTHER ML BROKER/DEALER AFFILIATES
014 B000001 8-7221
015 A000001 BROWN BROTHERS HARRIMAN & CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02109
015 E010001 X
015 A000002 J.P. MORGAN CHASE BANK
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10017
015 E010002 X
015 A000003 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000003 S
015 C010003 NEW YORK
015 C020003 NY
015 C030003 10260
015 E010003 X
015 A000004 THE BANK OF NEW YORK
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10286
015 E010004 X
015 A000005 BANKERS TRUST COMPANY
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10006
015 E010005 X
015 A000006 CUSTODIAL TRUST CO.
015 B000006 S
015 C010006 NEW YORK
015 C020006 NY
015 C030006 10167
015 E010006 X
018 000000 Y
019 A000000 Y
019 B000000 148
019 C000000 MERRILLLYN
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001 30
020 A000002 CREDIT SUISSE SECURITIES (USA) L.L.C.
020 B000002 13-5659485
020 C000002 21
PAGE 3
020 A000003 GOLDMAN, SACHS & CO.
020 B000003 13-5108880
020 C000003 20
020 A000004 LEHMAN BROTHERS INC.
020 B000004 13-2518466
020 C000004 17
020 A000005 CITIGROUP GLOBAL MARKETS INC.
020 B000005 11-2418191
020 C000005 15
020 A000006 DEUTSCHE BANK SECURITIES INC.
020 B000006 13-2730828
020 C000006 14
020 A000007 MORGAN STANLEY
020 B000007 13-2655998
020 C000007 13
020 A000008 UBS SECURITIES LLC
020 B000008 13-3873456
020 C000008 9
020 A000009 GERSON LEHRMAN GROUP BROKERAGE SERVICES LLC
020 C000009 7
020 A000010 INTERNATIONAL STRATEGY & INVESTMENT GROUP INC
020 B000010 13-3599877
020 C000010 4
021 000000 185
022 A000001 ML LIQUIDITY SERIES, LLC CASH SWEEP SERIES I
022 B000001 02-0651665
022 C000001 48671
022 D000001 49040
022 A000002 CREDIT SUISSE SECURITIES (USA) L.L.C.
022 B000002 13-5659485
022 C000002 2129
022 D000002 3020
022 A000003 MORGAN STANLEY
022 B000003 13-2655998
022 C000003 2358
022 D000003 2130
022 A000004 WACHOVIA SECURITIES, LLC
022 B000004 54-0796506
022 C000004 4092
022 D000004 0
022 A000005 BROWN BROTHERS HARRIMAN & CO.
022 B000005 13-4973745
022 C000005 3831
022 D000005 49
022 A000006 UBS SECURITIES LLC
022 B000006 13-3873456
022 C000006 2058
022 D000006 917
022 A000007 LEHMAN BROTHERS INC.
022 B000007 13-2518466
022 C000007 170
PAGE 4
022 D000007 2741
022 A000008 J.P. MORGAN SECURITIES INC.
022 B000008 13-3224016
022 C000008 1309
022 D000008 1576
022 A000009 CITIGROUP GLOBAL MARKETS INC.
022 B000009 11-2418191
022 C000009 1658
022 D000009 1223
022 A000010 DEUTSCHE BANK SECURITIES INC.
022 B000010 13-2730828
022 C000010 1552
022 D000010 554
023 C000000 71542
023 D000000 61745
024 000000 Y
025 A000001 MORGAN STANLEY
025 B000001 13-2655998
025 C000001 E
025 D000001 9182
025 A000002 JPMORGAN CHASE & CO.
025 C000002 E
025 D000002 7235
025 A000003 CITIGROUP, INC.
025 C000003 E
025 D000003 4862
025 A000004 GOLDMAN SACHS GROUP, INC.
025 C000004 E
025 D000004 2064
025 A000005 LEHMAN BROTHERS HOLDINGS, INC.
025 C000005 E
025 D000005 2015
025 A000006 SALOMON BROTHERS AG FOR OAO GAZPROM
025 C000006 D
025 D000006 1958
025 D000007 0
025 D000008 0
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 N
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.850
PAGE 5
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
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 Y
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
PAGE 6
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
066 D000000 N
066 E000000 N
066 F000000 Y
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 Y
070 B020000 Y
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
PAGE 7
070 L020000 Y
070 M010000 Y
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 Y
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 74788
071 B000000 85886
071 C000000 369598
071 D000000 20
072 A000000 6
072 B000000 2651
072 C000000 4425
072 D000000 0
072 E000000 0
072 F000000 1587
072 G000000 64
072 H000000 0
072 I000000 20
072 J000000 40
072 K000000 0
072 L000000 26
072 M000000 14
072 N000000 0
072 O000000 0
072 P000000 2719
072 Q000000 0
072 R000000 20
072 S000000 13
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 108
072 X000000 4611
072 Y000000 0
072 Z000000 2465
072AA000000 12489
072BB000000 3564
072CC010000 0
072CC020000 2570
072DD010000 7674
072DD020000 0
072EE000000 0
073 A010000 0.6000
PAGE 8
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 0
074 B000000 0
074 C000000 2
074 D000000 80081
074 E000000 67197
074 F000000 212150
074 G000000 95
074 H000000 0
074 I000000 11786
074 J000000 6729
074 K000000 0
074 L000000 2066
074 M000000 45
074 N000000 380151
074 O000000 6496
074 P000000 242
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 134
074 R040000 113818
074 S000000 0
074 T000000 259461
074 U010000 12699
074 U020000 0
074 V010000 20.43
074 V020000 0.00
074 W000000 0.0000
074 X000000 6915
074 Y000000 136317
075 A000000 0
075 B000000 263399
076 000000 17.40
077 A000000 N
078 000000 N
086 A010000 0
086 A020000 0
086 B010000 131
086 B020000 2324
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON STOCK
PAGE 9
087 A020000 13971Y103
087 A030000 CII
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE DONALD C. BURKE
TITLE TREASURER