-----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,
 WDdK7GtSfl8Am5bvvgxLQwzQiDvScLeR+rPOb7Ccs9a5waiVFmp2JUcboh4ZWJKP
 H4pYrP0lk3f3ICaForBRdw==

<SEC-DOCUMENT>0000067590-06-000009.txt : 20060127
<SEC-HEADER>0000067590-06-000009.hdr.sgml : 20060127
<ACCEPTANCE-DATETIME>20060127105126
ACCESSION NUMBER:		0000067590-06-000009
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050331
FILED AS OF DATE:		20060127
DATE AS OF CHANGE:		20060127

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Belaya Marina
		CENTRAL INDEX KEY:			0001345702

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05468
		FILM NUMBER:		06555660

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		973-367-2598

	MAIL ADDRESS:	
		STREET 1:		GATEWAY CENTER THREE
		STREET 2:		100 MULBERRY STREET
		CITY:			NEWARK
		STATE:			NJ
		ZIP:			08872

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HIGH YIELD PLUS FUND INC
		CENTRAL INDEX KEY:			0000828990
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133459204
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		GATEWAY CENTER THREE, 4TH FLOOR
		STREET 2:		100 MULBERRY STREET
		CITY:			NEWARK
		STATE:			NJ
		ZIP:			07102
		BUSINESS PHONE:		973-802-6469

	MAIL ADDRESS:	
		STREET 1:		GATEWAY CENTER THREE, 4TH FLOOR
		STREET 2:		100 MULBERRY STREET
		CITY:			NEWARK
		STATE:			NJ
		ZIP:			07102
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>5</documentType>

    <periodOfReport>2005-03-31</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>0</form4TransactionsReported>

    <issuer>
        <issuerCik>0000828990</issuerCik>
        <issuerName>HIGH YIELD PLUS FUND INC</issuerName>
        <issuerTradingSymbol>HYP</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001345702</rptOwnerCik>
            <rptOwnerName>Belaya Marina</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>GATEWAY CENTER THREE</rptOwnerStreet1>
            <rptOwnerStreet2>100 MULBERRY STREET</rptOwnerStreet2>
            <rptOwnerCity>NEWARK</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>08872</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Assistant Secretary</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <remarks>Resign as Assistant Secretary as of January 27, 2006.</remarks>

    <ownerSignature>
        <signatureName>Marina Belaya</signatureName>
        <signatureDate>2006-01-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----