-----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,
 VsR3sEWGQUj3+zDrNCYet4HoAysnLwz4L+s3yAg5JLAxxeOEVf8C2aVS8eT4IzWf
 oi/pFcHXQDfRLNAM8Kp8zw==

<SEC-DOCUMENT>0000067590-07-000100.txt : 20070312
<SEC-HEADER>0000067590-07-000100.hdr.sgml : 20070312
<ACCEPTANCE-DATETIME>20070312102811
ACCESSION NUMBER:		0000067590-07-000100
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070308
FILED AS OF DATE:		20070312
DATE AS OF CHANGE:		20070312

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Simpson Valerie M
		CENTRAL INDEX KEY:			0001385165

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-05468
		FILM NUMBER:		07686517

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		973-367-3321

	MAIL ADDRESS:	
		STREET 1:		GATEWAY CENTER THREE, 14TH FLOOR
		STREET 2:		100 MULBERRY STREET
		CITY:			NEWARK
		STATE:			NJ
		ZIP:			07102
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2007-03-08</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001385165</rptOwnerCik>
            <rptOwnerName>Simpson Valerie M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>GATEWAY CENTER THREE, 14TH FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2>100 MULBERRY STREET</rptOwnerStreet2>
            <rptOwnerCity>NEWARK</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Deputy Chief Compliance Office</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <ownerSignature>
        <signatureName>/s/Valerie M. Simpson, Deputy Chief Compliance Officer</signatureName>
        <signatureDate>2007-03-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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