UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number 811-7456
Name of Fund: Senior High Income Portfolio, Inc.
Fund Address: P.O. Box 9011
Princeton, NJ 08543-9011
Name and address of agent for service: Robert C. Doll, Jr.,
President, Senior High Income Portfolio, Inc., 800 Scudders
Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box
9011, Princeton, NJ, 08543-9011
Registrant's telephone number, including area code: (609) 282-2800
Date of fiscal year end: 02/29/05
Date of reporting period: 09/01/04 - 11/30/04
Item 1 - Schedule of Investments
Senior High Income Portfolio, Inc.
Schedule of Investments as of November 30, 2004
Face
Industry+ Amount Corporate Debt Obligations Value
Aerospace & Defense - $ 400,000 K & F Industries, Inc., 7.75% due 11/15/2014 (b) $ 409,000
2.6% The Titan Corporation:
1,000,000 8% due 5/15/2011 1,060,000
2,984,733 Term B, due 6/30/2009++ 3,025,773
4,510,000 Vought Aircraft Industries, Inc., 8% due 7/15/2011 4,374,700
--------------
8,869,473
Airlines - 0.2% 900,000 Evergreen International Aviation, Inc., 12% due 5/15/2010 621,000
Automotive - 6.9% 3,184,000 Accuride Corporation, Term B, due 6/30/2007++ 3,263,600
7,550,000 Advanced Accessory Systems, 10.75% due 6/15/2011 7,172,500
5,000,000 The Goodyear Tire & Rubber Company, Term, due 3/31/2006++ 5,075,000
1,800,000 Metaldyne Corporation, 11% due 6/15/2012 1,512,000
1,095,047 NFIL Holdings Inc., Term B, due 2/27/2010++ 1,154,768
1,350,000 Remy International, Inc., 6.07% due 4/15/2009 (d) 1,366,875
Tenneco Automotive Inc.:
1,875,000 11.625% due 10/15/2009 1,990,500
475,000 10.25% due 7/15/2013 559,313
1,232,069 Tranche B, due 12/12/2010++ 1,255,684
558,621 Tranche B-1, Credit Link, due 12/12/2010++ 569,328
Venture Holdings Company LLC (g):
3,325,000 9.50% due 7/01/2005 133,000
700,000 12% due 6/01/2009 875
--------------
24,053,443
Broadcasting - 0.8% 3,000,000 Granite Broadcasting Corporation, 9.75% due 12/01/2010 2,820,000
Cable - International - 4,650,000 Kabel Deutschland GmbH, 10.625% due 7/01/2014 (b) 5,347,500
2.3% NTL Cable PLC (b):
2,350,000 6.07% due 10/15/2012 (d) 2,420,500
350,000 8.75% due 4/15/2014 394,625
--------------
8,162,625
Cable - U.S. - 13.9% 1,800,000 CSC Holdings, Inc., 7.25% due 7/15/2008 1,890,000
Century Cable Holdings, LLC++:
3,000,000 Discretionary Term, due 12/31/2009 2,982,501
5,000,000 Term, due 6/30/2009 4,974,555
Charter Communications Holdings, LLC:
1,750,000 10% due 4/01/2009 1,518,125
1,000,000 11.75%* due 1/15/2010 877,500
2,000,000 11.125% due 1/15/2011 1,720,000
1,500,000 9.92% due 4/01/2011 1,233,750
1,000,000 10% due 5/15/2011 822,500
7,980,000 Charter Communications, Term B, due 4/27/2011++ 7,970,763
Inmarsat Investments Limited++:
2,292,136 Term B, due 10/10/2010 2,304,671
2,297,523 Term C, due 10/10/2011 2,317,555
3,970,000 Insight Midwest Holdings, LLC, Term B, due 12/31/2009++ 4,042,230
2,353,993 Mallard Cablevision LLC & Sun Tel Communications, Term B,
due 9/30/2008++ (g) 23,540
3,000,000 Mediacom Broadband LLC, 11% due 7/15/2013 3,172,500
New Skies Satellites BV:
1,550,000 7.438% due 11/01/2011 (b)(d) 1,588,750
500,000 9.125% due 11/01/2012 (b) 510,000
1,000,000 Term, due 5/04/2011++ 1,016,667
4,000,000 Olympus Cable Holdings LLC, Term B, due 9/30/2010++ 3,968,752
5,250,000 Rainbow National Services LLC, 8.75% due 9/01/2012 (b) 5,551,875
--------------
48,486,234
Chemicals - 20.8% 875,000 BCP Caylux Holdings Luxembourg SCA, 9.625% due 6/15/2014 (b) 982,188
2,648,213 CII Carbon LLC, Term, due 6/25/2008++ 2,621,730
2,250,000 Compass Minerals International, Inc., 12%* due 6/01/2013 1,822,500
Crompton Corporation (b):
3,000,000 7.67% due 8/01/2010 (d) 3,240,000
3,000,000 9.875% due 8/01/2012 3,360,000
3,600,000 GEO Specialty Chemicals, Inc., 10.125% due 8/01/2008 (g) 2,016,000
Huntsman International LLC:
1,000,000 9.875% due 3/01/2009 1,092,500
2,000,000 10.125% due 7/01/2009 2,110,000
2,000,000 Term, due 12/31/2010++ 2,040,500
1,750,000 ISP Holdings, Inc., 10.625% due 12/15/2009 1,942,500
3,000,000 Invista, 9.25% due 5/01/2012 (b) 3,337,500
2,500,000 Koppers Inc., 9.875% due 10/15/2013 2,830,000
2,500,000 KoSa B/INVISTA, Term, due 4/29/2011++ 2,544,356
1,650,000 Lyondell Chemical Company, 11.125% due 7/15/2012 1,951,125
1,350,000 Lyondell Chemical Worldwide, Inc., 9.80% due 2/01/2020 1,512,000
1,200,000 Millennium America Inc., 7.625% due 11/15/2026 1,182,000
5,350,000 Omnova Solutions Inc., 11.25% due 6/01/2010 6,018,750
1,498,403 Pinnacle Polymers, Term, due 12/15/2006++ 1,519,523
2,500,000 Pioneer Companies, Inc., 5.475% due 12/31/2006 (d) 2,512,500
3,763,333 Polymer Group, Inc., First Lien Term, due 4/01/2010++ 3,808,806
6,375,000 PolyOne Corporation, 10.625% due 5/15/2010 7,187,813
Rockwood Specialties Group, Inc.:
1,825,000 10.625% due 5/15/2011 2,075,938
250,000 7.50% due 11/15/2014 (b) 256,250
1,600,000 Term B, due 7/30/2012++ 1,612,429
Terra Capital, Inc.:
2,500,000 12.875% due 10/15/2008 3,125,000
832,000 11.50% due 6/01/2010 944,320
400,000 United Agri Products, Inc., 8.25% due 12/15/2011 (b) 427,000
8,000,000 Wellman, Inc., First Lien Term, due 2/04/2009++ 8,106,664
--------------
72,179,892
Consumer Durables - 2.8% 6,000,000 Sealy Mattress Company, Term, due 4/06/2013++ 6,210,000
Simmons Company:
450,000 7.875% due 1/15/2014 468,000
3,000,000 Term B, due 6/19/2011++ 3,039,999
--------------
9,717,999
Consumer Non-Durables - 4,975,000 American Safety Razor Company, Term B, due 4/01/2011++ 4,999,875
4.8% 1,675,000 Chattem, Inc., 5.40% due 3/01/2010 (d) 1,708,500
1,500,000 Culligan U.S., Term, due 9/30/2011++ 1,527,813
1,000,000 General Binding Corporation, 9.375% due 6/01/2008 1,005,000
1,975,000 Hines Nurseries, Inc., 10.25% due 10/01/2011 2,157,688
2,125,000 North Atlantic Trading Company, Inc., 9.25% due 3/01/2012 1,657,500
200,000 Riddell Bell Holdings, Inc., 8.375% due 10/01/2012 (b) 207,000
1,488,750 Solo Cup Company, Term, due 2/27/2011++ 1,518,757
2,000,000 True Temper Sports, Inc., 8.375% due 9/15/2011 1,780,000
--------------
16,562,133
Diversified Media - 1.7% 325,000 Houghton Mifflin Company, 9.875% due 2/01/2013 357,500
5,520,000 TransWestern Publishing Company, LLC, Term B, due 2/25/2011++ 5,591,589
--------------
5,949,089
Energy - Exploration & Quest Cherokee, LLC++:
Production - 1.0% 1,625,000 Revolving Credit, due 7/25/2009 1,608,750
222,222 Revolving Credit, due 7/25/2010 224,444
1,777,778 Term B, due 7/25/2010 1,795,555
--------------
3,628,749
Energy - Other - 4.1% Dresser, Inc.:
1,000,000 9.375% due 4/15/2011 1,100,000
1,250,000 Term, due 2/25/2010++ 1,271,875
718,038 Term B, due 4/10/2009++ 727,911
1,100,000 Dresser-Rand Group Inc., 7.375% due 11/01/2014 (b) 1,130,250
1,035,000 Energy Corporation of America, 9.50% due 5/15/2007 988,425
3,656,000 Giant Industries, Inc., 11% due 5/15/2012 4,259,240
Star Gas Partners, LP:
2,750,000 10.25% due 2/15/2013 2,935,625
1,750,000 10.25% due 2/15/2013 (b) 1,868,125
--------------
14,281,451
Financial - 2.7% 4,000,000 Highland Legacy Limited Co., 8.41% due 6/01/2011 (b)(d) 3,240,000
500,000 Investcorp SA, 7.54% due 10/21/2008 500,903
1,000,000 Pennant CBO Limited, 13.43% due 3/14/2011 (b) 600,000
3,925,000 Refco Finance Holdings LLC, 9% due 8/01/2012 (b) 4,278,250
SKM-Libertyview CBO I Limited (b)(g):
1,500,000 8.71% due 4/10/2011 780,000
1,000,000 11.91% due 4/10/2011 80,000
--------------
9,479,153
Food / Tobacco - 4.4% Commonwealth Brands, Inc. (b):
2,250,000 9.75% due 4/15/2008 2,340,000
2,825,000 10.625% due 9/01/2008 2,938,000
1,800,000 Dole Food Company, Inc., 8.875% due 3/15/2011 1,971,000
1,793,219 Dr Pepper Bottling, Term B, due 12/19/2010++ 1,825,441
1,442,000 Gold Kist Inc., 10.25% due 3/15/2014 1,672,720
3,000,000 Merisant Company, 9.50% due 7/15/2013 (b) 2,700,000
1,895,000 Pierre Foods, Inc., Term B, due 6/30/2010++ 1,915,925
--------------
15,363,086
Gaming - 2.1% 2,000,000 Jacobs Entertainment, Inc., 11.875% due 2/01/2009 2,255,000
925,000 The Majestic Star Casino, LLC, 9.50% due 10/15/2010 975,875
311,000 Pinnacle Entertainment, Inc., 9.25% due 2/15/2007 (b) 317,998
2,000,000 Venetian Casino Resort, LLC, 11% due 6/15/2010 2,280,000
1,450,000 Wynn Las Vegas, LLC, 6.625% due 12/01/2014 (b) 1,424,625
--------------
7,253,498
Health Care - 4.1% Elan Finance PLC (b):
1,325,000 6.51% due 11/15/2011 (d) 1,381,313
1,650,000 7.75% due 11/15/2011 1,744,875
1,712,820 MedPointe Inc., Term B, due 9/30/2008++ 1,721,384
2,085,227 Orthofix International NV, Term B, due 12/15/2008++ 2,109,989
3,000,000 Tenet Healthcare Corporation, 7.375% due 2/01/2013 2,925,000
VWR International, Inc.:
700,000 8% due 4/15/2014 (b) 742,000
3,661,334 Term B, due 4/07/2011++ 3,732,730
--------------
12,975,978
Housing - 2.5% 226,860 Formica Holdings Corporation, 9.25% due 6/10/2011 215,517
2,300,000 General Growth Properties, Inc., Term B, due 11/12/2008++ 2,311,141
3,465,000 Headwaters Incorporated, Term B, due 4/30/2011++ 3,514,089
2,000,000 Lone Star Industries Inc., 8.85% due 6/15/2005 (b) 2,036,076
700,000 U.S. Concrete, Inc., 8.375% due 4/01/2014 749,000
--------------
8,825,823
Information Technology - 3,100,000 Amkor Technology, Inc., 9.25% due 2/15/2008 3,038,000
2.7% 2,450,000 Freescale Semiconductor, Inc., 4.82% due 7/15/2009 (d) 2,535,750
3,826,563 VUTEk Inc., Term, due 6/25/2010++ 3,831,346
--------------
9,405,096
Leisure - 3.5% 6,000,000 FelCor Lodging LP, 6.874% due 6/01/2011 (d) 6,255,000
274,000 HMH Properties, Inc., 7.875% due 8/01/2008 281,878
Wyndham International, Inc.++:
956,102 Increasing Rate Term II, due 4/01/2006 965,424
4,709,309 Term I, due 6/30/2006 4,747,083
--------------
12,249,385
Manufacturing - 7.1% 275,000 Aearo Company, 8.25% due 4/15/2012 283,250
3,000,000 Communications & Power Industries, Inc., 8% due 2/01/2012 3,150,000
2,250,000 EaglePicher Incorporated, 9.75% due 9/01/2013 2,306,250
5,000,000 High Voltage Engineering Corporation, Term A, due 7/31/2006++ 4,975,000
4,942,893 Invensys International Holdings Ltd., Term, due 8/26/2009++ 5,013,947
2,825,000 Invensys PLC, 9.875% due 3/15/2011 (b) 3,043,938
3,500,000 MetoKote Corporation, Term, due 2/13/2011++ 3,545,937
300,000 NMHG Holding Company, 10% due 5/15/2009 331,500
2,000,000 Propex Fabrics Inc., 10% due 12/01/2012 (b) 2,030,000
--------------
24,679,822
Metals - Other - 1.8% 500,000 IMCO Recycling Escrow Inc., 9% due 11/15/2014 (b) 516,250
5,500,000 Massey Energy Company, 6.95% due 3/01/2007 5,720,000
--------------
6,236,250
Packaging - 7.2% 5,200,000 Anchor Glass Container Corporation, 11% due 2/15/2013 5,564,000
1,900,000 Consolidated Container Company LLC, 10.75%* due 6/15/2009 1,596,000
2,300,000 Crown Euro Holdings SA, 10.875% due 3/01/2013 2,719,750
4,002,857 Owens-Illinois Inc., Term C, due 4/01/2008++ 4,081,665
3,300,000 Pliant Corporation, 13% due 6/01/2010 3,168,000
650,000 Tekni-Plex, Inc., 8.75% due 11/15/2013 (b) 646,750
5,550,000 U.S. Can Corporation, 10.875% due 7/15/2010 5,841,375
1,250,000 Wise Metals Group LLC, 10.25% due 5/15/2012 (b) 1,262,500
--------------
24,880,040
Paper - 6.7% 3,275,000 Abitibi-Consolidated Inc., 5.99% due 6/15/2011 (d) 3,315,938
2,975,000 Ainsworth Lumber Co. Ltd., 5.669% due 10/01/2010 (b)(d) 2,989,875
Boise Cascade LLC:
250,000 5.005% due 10/15/2012 (b)(d) 256,250
350,000 7.125% due 10/15/2014 (b) 365,750
1,041,096 Term B, due 10/29/2011++ 1,059,857
958,904 Term C, due 10/29/2010++ 966,804
4,625,000 Bowater Incorporated, 5.49% due 3/15/2010 (d) 4,648,125
4,325,000 Georgia-Pacific Corporation, 9.375% due 2/01/2013 5,038,625
625,000 Graphic Packaging International Inc., 9.50% due 8/15/2013 712,500
SP Newsprint Co.++:
522,083 Tranche B, due 1/09/2010 532,616
966,667 Tranche B L/C, due 1/09/2010 978,750
800,000 Stone Container Corporation, 8.375% due 7/01/2012 876,000
1,500,000 Tembec Industries, Inc., 8.625% due 6/30/2009 1,496,250
--------------
23,237,340
Retail - 0.3% 893,250 General Nutrition Center, Inc., Term B, due 12/05/2009++ 904,192
Services - 6.4% 1,967,902 Allied Waste Industries, Inc., Tranche A - Credit Linked Deposit,
due 1/15/2010++ 1,994,347
Allied Waste North America, Inc.:
720,000 7.875% due 4/15/2013 725,400
3,125,000 7.375% due 4/15/2014 2,914,063
1,600,000 Corrections Corporation of America, 9.875% due 5/01/2009 1,800,000
250,000 Great Lakes Dredge & Dock Corporation, 7.75% due 12/15/2013 231,875
3,000,000 MSW Energy Holdings LLC, 8.50% due 9/01/2010 3,300,000
United Rentals, Inc.++:
1,658,333 Initial Term, due 2/14/2011 1,681,135
333,333 Tranche B, Term Link Deposit, due 2/14/2011 336,528
5,450,000 United Rentals (North America), Inc., 7.75% due 11/15/2013 (b) 5,232,000
3,980,000 Waste Services, Inc., Term B, due 3/31/2011++ 3,950,150
--------------
22,165,498
Telecommunications - 6.1% 2,045,000 Cincinnati Bell Inc., 8.375% due 1/15/2014 2,039,888
2,192,667 Consolidated Communications Acquisition of TXU, Inc., Term C,
due 10/14/2011++ 2,229,668
5,550,000 FairPoint Communications, Inc., 12.50% due 5/01/2010 5,966,250
4,000,000 Qwest Communications International Inc., 5.79% due 2/15/2009 (b)(d) 3,990,000
1,000,000 Rural Cellular Corporation, 6.99% due 3/15/2010 (d) 1,030,000
3,500,000 Time Warner Telecom Holdings, Inc., 6.29% due 2/15/2011 (d) 3,491,250
2,500,000 Time Warner Telecom, Inc., 9.75% due 7/15/2008 2,487,500
-------------
21,234,556
Transportation - 1.1% 1,325,000 Laidlaw International, Inc., 10.75% due 6/15/2011 1,525,406
2,197,059 North American Van Lines, Inc., Term, due 10/29/2010++ 2,216,283
--------------
3,741,689
Utilities - 7.9% 2,250,000 The AES Corporation, 8.50% due 11/01/2007 2,283,750
1,500,000 Calpine Canada Energy Finance ULC, 8.50% due 5/01/2008 1,072,500
Calpine Corporation:
1,300,000 8.50% due 2/15/2011 874,250
3,950,000 Term B, due 7/15/2007++ 3,445,668
El Paso Corporation++:
750,000 Term, due 11/23/2009 754,553
1,250,000 Term C, due 11/23/2009 1,260,645
1,000,000 Mirant Americas Generation LLC, 7.625% due 5/01/2006 (g) 1,032,500
Mission Energy Holding Company:
5,300,000 13.50% due 7/15/2008 6,644,875
1,000,000 Term, due 12/11/2006++ 1,004,688
2,000,000 Northwest Pipeline Corporation, 6.625% due 12/01/2007 2,125,000
Sierra Pacific Resources:
2,100,000 8.75% due 5/15/2005 2,136,750
2,750,000 8.625% due 3/15/2014 3,135,000
790,000 TNP Enterprises, Inc., Term, due 12/31/2006++ 807,775
725,000 The Williams Companies, Inc., 8.625% due 6/01/2010 833,750
--------------
27,411,704
Wireless Communications - 1,522,000 American Tower Corporation, 9.375% due 2/01/2009 1,605,710
6.4% 2,977,500 Centennial, Term A, due 2/09/2011++ 3,021,897
5,000,000 Crown Castle International Corp., 7.50% due 12/01/2013 5,362,500
Dobson Cellular Systems, Inc. (b):
2,200,000 6.96% due 11/01/2011 (d) 2,249,500
1,000,000 8.375% due 11/01/2011 1,025,000
500,000 Horizon PCS, Inc., 11.375% due 7/15/2012 (b) 541,250
3,491,250 SBA Senior Finance, Inc., Term B, due 10/31/2008++ 3,529,437
3,700,000 SpectraSite, Inc., 8.25% due 5/15/2010 3,968,250
800,000 US Unwired Inc., 6.13% due 6/15/2010 (d) 822,000
--------------
22,125,544
Total Investments in Corporate Debt Obligations
(Cost - $463,086,670) - 134.9% 468,882,055
Shares
Held Common Stocks
Cable - International - 1.4% 323,906 Telewest Global, Inc. (c) 4,741,984
Leisure - 0.1% 41,866 Lodgian, Inc. (c) 444,198
Manufacturing - 0.1% 62,580 High Voltage Engineering Corporation (c) 449,995
Telecommunications - 0.2% 14,246 IDT Corporation (c) 186,117
17,811 IDT Corporation (Class B) (c) 273,755
--------------
459,872
Total Investments in Common Stocks (Cost - $11,270,563) - 1.8% 6,096,049
Preferred Stocks
Cable - U.S. - 0.0% 2,500 Adelphia Communications Corporation (c) 5,000
Total Investments in Preferred Stocks (Cost - $225,000) - 0.0% 5,000
Warrants (a)
Gaming - 0.0% 27,112 Peninsula Gaming Company, LLC 162,670
Paper - 0.0% 3,500 JSG Funding PLC 35,000
Wireless Communications - 600 American Tower Escrow Corporation 136,800
0.0%
Total Investments in Warrants (Cost - $2,208,695) - 0.0% 334,470
Beneficial
Interest Other Interests (f)
Automotive - 0.0% $ 4,130,972 Cambridge Industries, Inc. (Litigation Trust Certificates) 41,310
Health Care - 0.0% 10,284 MEDIQ Incorporated (Preferred Stock Escrow due 2/01/2006) 0
Health Care - 0.0% 10,284 MEDIQ Incorporated (Preferred Stock Escrow due 4/01/2004) 0
Wireless Communications - 2,750,000 WilTel Communications Group, Inc. (Litigation Trust Certificates) 0
0.00%
Total Investments in Other Interests (Cost - $0) - 0.0% 41,310
Short-Term Securities
$ 586,921 Merrill Lynch Liquidity Series, LLC Cash Sweep Series I (e) 586,921
Total Investments in Short-Term Securities (Cost - $586,921) - 0.2% 586,921
Total Investments (Cost - $477,377,849**) - 136.9% 475,945,805
Liabilities in Excess of Other Assets - (36.9%) (128,299,056)
--------------
Net Assets - 100.0% $ 347,646,749
==============
* Represents a zero coupon or step bond; the interest rate shown reflects the
effective yield at the time of purchase by the Portfolio.
** The cost and unrealized appreciation/depreciation of investments as of
November 30, 2004, as computed for federal income tax purposes,
were as follows:
Aggregate cost $ 477,110,825
================
Gross unrealized appreciation $ 23,353,586
Gross unrealized depreciation (24,518,606)
----------------
Net unrealized depreciation $ (1,165,020)
================
+ For Portfolio compliance purposes, "Industry" means any one or more of the
industry sub-classifications used by one or more widely recognized market
indexes or ratings group indexes, and/or as defined by Portfolio management.
This definition may not apply for purposes of this report, which may combine
industry sub-classifications for reporting ease.
++ Floating rate loans in which the Portfolio invests generally pay interest at rates
that are periodically predetermined by reference to a base lending rate plus a premium.
These base lending rates are generally (i) the lending rate offered by one or more
European banks, such as London Interbank Offered Rate ("LIBOR"), (ii) the prime rate
offered by one or more major U.S. banks or (iii) the certificate of deposit rate.
Corporate loans represent 48.8% of the Portfolio's net assets.
(a) Warrants entitle the Portfolio to purchase a predetermined number of shares of common
stock and are non-income producing. The purchase price and number of shares are subject
to adjustment under certain conditions until the expiration date.
(b) The security may be offered and sold to "qualified institutional buyers" under Rule
144A of the Securities Act of 1933.
(c) Non-income producing security.
(d) Floating rate note.
(e) Investments in companies considered to be an affiliate of the Portfolio (such
companies are defined as "Affiliated Companies" in Section 2(a)(3) of the
Investment Company Act of 1940) were as follows:
Net Interest
Affiliate Activity Income
Merrill Lynch Liquidity Series, LLC
Cash Sweep Series I $ (4,233,025) $ 30,310
(f) Other interests represent beneficial interest in liquidation trusts and other
reorganization entities and are non-income producing.
(g) Non-income producing security; issuer filed for bankruptcy or is in default
of interest payments.
Item 2 - Controls and Procedures
2(a) - The registrant's certifying officers have reasonably designed
such disclosure controls and procedures to ensure material
information relating to the registrant is made known to us by others
particularly during the period in which this report is being
prepared. The registrant's certifying officers have determined that
the registrant's disclosure controls and procedures are effective
based on our evaluation of these controls and procedures as of a
date within 90 days prior to the filing date of this report.
2(b) - There were no changes in the registrant's internal control
over financial reporting (as defined in Rule 30a-3(d) under the Act
(17 CFR 270.30a-3(d)) that occurred during the last fiscal quarter
of the period covered by this report that has materially affected,
or is reasonably likely to materially affect, the registrant's
internal control over financial reporting.
Item 3 - Exhibits
Certifications - Attached hereto
Pursuant to the requirements of the Securities Exchange Act of 1934
and the Investment Company Act of 1940, the registrant has duly
caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
Senior High Income Portfolio, Inc.
By: /s/ Robert C. Doll, Jr.________
Robert C. Doll, Jr.,
President
Senior High Income Portfolio, Inc.
Date: January 13, 2005
Pursuant to the requirements of the Securities Exchange Act of 1934
and the Investment Company Act of 1940, this report has been signed
below by the following persons on behalf of the registrant and in
the capacities and on the dates indicated.
By: /s/ Robert C. Doll, Jr.________
Robert C. Doll, Jr.
President
Senior High Income Portfolio, Inc.
Date: January 13, 2005
By: /s/ Donald C. Burke________
Donald C. Burke
Chief Financial Officer
Senior High Income Portfolio, Inc.
Date: January 13, 2005