UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-02851 Van Kampen High Yield Fund -------------------------------------------------------------------------------- (Exact name of registrant as specified in charter) 1221 Avenue of the Americas, New York, New York 10020 -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip code) Ronald Robison 1221 Avenue of the Americas, New York, New York 10020 -------------------------------------------------------------------------------- (Name and address of agent for service) Registrant's telephone number, including area code: 212-762-4000 Date of fiscal year end: 8/31 Date of reporting period: 11/30/05 Item 1. Schedule of Investments. The Fund's schedule of investments as of the close of the reporting period prepared pursuant to Rule 12-12 of Regulation S-X is as follows: VAN KAMPEN HIGH YIELD FUND PORTFOLIO OF INVESTMENTS NOVEMBER 30, 2005 (UNAUDITED) PAR AMOUNT (000) DESCRIPTION COUPON MATURITY VALUE CORPORATE BONDS 93.4% AEROSPACE 1.5% $ 3,745 Hexcel Corp. 6.750% 02/01/15 $ 3,632,650 6,440 K & F Acquisition, Inc. 7.750 11/15/14 6,520,500 ------------- 10,153,150 ------------- AEROSPACE 1.8% 3,935 Ford Motor Credit Co. 5.625 10/01/08 3,546,372 4,450 General Motors Acceptance Corp. 4.375 12/10/07 3,988,388 4,370 General Motors Acceptance Corp. 6.875 09/15/11 3,952,958 890 General Motors Acceptance Corp. 6.875 08/28/12 806,957 ------------- 12,294,675 ------------- BROADCASTING 0.6% 1,465 Lin Television Corp. 6.500 05/15/13 1,410,062 1,905 Lin Television Corp., 144A - Private Placement (a) 6.500 05/15/13 1,833,562 1,185 Salem Communications Corp. 7.750 12/15/10 1,227,956 ------------- 4,471,580 ------------- CABLE 6.1% 4,815 Cablecom Luxembourg SCA, 144A - Private Placement (Euro) 9.375 04/15/14 6,450,364 (Luxembourg) (a) 6,005 Cablevision Systems Corp. (Variable Rate Coupon) 8.716 04/01/09 6,155,125 3,794 CCH I, LLC, 144A - Private Placement (a) 11.000 10/01/15 3,272,325 1,290 Echostar DBS Corp. 6.625 10/01/14 1,251,300 460 Intelsat Bermuda Ltd., 144A - Private Placement 8.250 01/15/13 462,300 (Bermuda) (a) 4,315 Intelsat Bermuda Ltd., 144A - Private Placement 8.625 01/15/15 4,347,362 (Bermuda) (a) 3,255 Intelsat Bermuda Ltd., 144A - Private Placement 8.695 01/15/12 3,320,100 (Variable Rate Coupon) (Bermuda) (a) 5,670 Kabel Deutschland GmbH, 144A - Private Placement 10.625 07/01/14 6,123,600 (Germany) (a) 898 PanAmSat Corp. 9.000 08/15/14 947,390 7,205 PanAmSat Holding Corp. (b) 0/10.375 11/01/14 5,061,512 2,295 Renaissance Media Group 10.000 04/15/08 2,295,000 1,645 Satelites Mexicanos SA, Ser B (Mexico) (c) 10.125 11/01/04 847,175 2,450 Telenet Group Holding NV, 144A - Private Placement 0/11.500 06/15/14 2,002,875 (Belgium) (a) (b) ------------- 42,536,428 ------------- CHEMICALS 8.2% 2,855 Cognis Deutschland GmbH & Co., 144A - Private Placement 7.226 11/15/13 3,467,028 (Euro) (Variable Rate Coupon) (Germany) (a) 4,950 Equistar Chemicals LP 10.125 09/01/08 5,401,687 620 Equistar Chemicals LP 10.625 05/01/11 686,650 2,170 Huntsman Advanced Materials LLC 11.000 07/15/10 2,479,225 952 Huntsman International LLC 10.125 07/01/09 985,320 4,000 Huntsman International LLC (Euro) 10.125 07/01/09 4,904,642 2,233 Innophos Investments Holdings, Inc., 144A - Private 12.340 02/15/15 2,110,435 Placement (Variable Rate Coupon) (a) 4,075 Innophos, Inc.,144A - Private Placement (a) 8.875 08/15/14 4,115,750 1,245 ISP Chemco, Inc., Ser B 10.250 07/01/11 1,332,150 6,235 ISP Holdings, Inc., Ser B 10.625 12/15/09 6,562,337 1,485 Koppers, Inc. 9.875 10/15/13 1,618,650 2,700 Millennium America, Inc. 7.000 11/15/06 2,740,500 1,930 Millennium America, Inc. 9.250 06/15/08 2,094,050 1,640 Nalco Co. 7.750 11/15/11 1,693,300 5,110 Nalco Co. 8.875 11/15/13 5,327,175 4,810 Rhodia SA (France) 8.875 06/01/11 4,906,200 1,860 Rhodia SA (Euro) (France) 8.000 06/01/10 2,308,070 2,268 Rockwood Specialties Group, Inc. 10.625 05/15/11 2,466,450 1,390 Rockwood Specialties Group, Inc., 144A - Private 7.625 11/15/14 1,687,975 Placement (Euro) (a) ------------- 56,887,594 ------------- CONSUMER PRODUCTS 3.2% 2,735 Amscan Holdings, Inc. 8.750 05/01/14 2,078,600 8,210 Levi Strauss & Co. (Variable Rate Coupon) 8.804 04/01/12 8,353,675 2,295 Oxford Industrials, Inc. 8.875 06/01/11 2,352,375 4,635 Rayovac Corp. 8.500 10/01/13 4,223,644 2,860 Spectrum Brands, Inc. 7.375 02/01/15 2,488,200 2,632 Tempur Pedic, Inc. 10.250 08/15/10 2,845,850 ------------- 22,342,344 ------------- DIVERSIFIED MEDIA 4.9% 1,155 Advanstar Communications, Inc. 10.750 08/15/10 1,279,162 2,840 AMC Entertainment, Inc. (Variable Rate Coupon) 8.590 08/15/10 2,932,300 6,187 CanWest Media, Inc. (Canada) 8.000 09/15/12 6,372,453 2,282 Dex Media East/Finance Corp., LLC 12.125 11/15/12 2,669,940 3,587 Dex Media West/Finance Corp., LLC, Ser B 9.875 08/15/13 3,986,054 1,870 Houghton Mifflin Co. 8.250 02/01/11 1,947,137 5,405 Houghton Mifflin Co. 9.875 02/01/13 5,769,837 2,990 Nebraska Book Co., Inc. 8.625 03/15/12 2,765,750 6,245 Primedia, Inc. 8.875 05/15/11 6,010,812 ------------- 33,733,445 ------------- ENERGY 7.9% 4,925 Chaparral Energy, Inc., 144A - Private Placement (a) (d) 8.500 12/01/15 5,023,500 6,870 CHC Helicopter Corp. (Canada) 7.375 05/01/14 6,955,875 3,200 Chesapeake Energy Corp. 6.625 01/15/16 3,184,000 3,125 Chesapeake Energy Corp. 7.500 09/15/13 3,312,500 1,645 Compagnie Generale de Geophysique SA (France) 7.500 05/15/15 1,694,350 5,120 El Paso Production Holding Co. 7.750 06/01/13 5,273,600 1,800 Hanover Compressor Co. 8.625 12/15/10 1,903,500 890 Hanover Compressor Co. 9.000 06/01/14 970,100 109 Hanover Equipment Trust, Ser A 8.500 09/01/08 113,360 3,042 Hanover Equipment Trust, Ser B 8.750 09/01/11 3,224,520 2,555 Hilcorp Energy/Finance Corp., 144A - Private Placement 7.750 11/01/15 2,599,712 (a) 2,731 Hilcorp Energy/Finance Corp., 144A - Private Placement 10.500 09/01/10 3,038,237 (a) 3,460 Husky Oil Ltd. (Canada) 8.900 08/15/28 3,730,918 1,863 Magnum Hunter Resources, Inc. 9.600 03/15/12 2,026,012 3,450 Pacific Energy Partners 7.125 06/15/14 3,605,250 3,800 Pogo Producing Co., 144A - Private placement (a) 6.875 10/01/17 3,724,000 4,422 Vintage Petroleum, Inc. 7.875 05/15/11 4,643,100 ------------- 55,022,534 ------------- FINANCIAL 0.5% 3,395 Residential Capital Corp. 6.375 06/30/10 3,425,490 ------------- FOOD & DRUG 2.2% 2,625 Delhaize America, Inc. 8.125 04/15/11 2,850,073 1,450 Jean Coutu Group (PJC), Inc. (Canada) 7.625 08/01/12 1,428,250 3,740 Jean Coutu Group (PJC), Inc. (Canada) 8.500 08/01/14 3,487,550 1,700 Jitney-Jungle Stores America, Inc. (c) (e) (f) 12.000 03/01/06 0 3,945 Kroger Co., 144A - Private Placement (a) 8.500 07/15/17 4,334,957 3,130 Rite Aid Corp. 8.125 05/01/10 3,145,650 ------------- 15,246,480 ------------- FOOD & TOBACCO 3.6% 3,125 Michael Foods, Inc. 8.000 11/15/13 3,222,656 1,795 Pilgrim's Pride Corp. 9.250 11/15/13 1,956,550 6,630 Pilgrim's Pride Corp. 9.625 09/15/11 7,044,375 5,290 RJ Reynolds Tobacco Holdings, Inc., 144A - Private 6.500 07/15/10 5,237,100 Placement (a) 5,545 Smithfield Foods, Inc. 7.000 08/01/11 5,676,694 1,080 Smithfield Foods, Inc. 8.000 10/15/09 1,147,500 450 Smithfield Foods, Inc., Ser B 7.750 05/15/13 479,250 ------------- 24,764,125 ------------- FOREST PRODUCTS 6.3% 4,090 Abitibi-Consolidated, Inc. (Canada) 6.000 06/20/13 3,537,850 1,470 Abitibi-Consolidated, Inc. (Canada) 7.750 06/15/11 1,418,550 2,015 Crown Americas, 144A - Private Placement (a) 7.625 11/15/13 2,075,450 1,975 Crown European Holdings SA (Euro) (France) 6.250 09/01/11 2,471,148 6,735 Georgia-Pacific Corp. 8.875 02/01/10 7,593,713 3,840 Graham Packaging Co., Inc. 8.500 10/15/12 3,782,400 3,965 Graham Packaging Co., Inc. 9.875 10/15/14 3,855,963 4,870 Graphic Packaging International, Inc. 9.500 08/15/13 4,626,500 1,535 JSG Funding PLC (Euro) (Ireland) 10.125 10/01/12 1,945,498 130 Owens-Brockway Glass Containers, Inc. 8.875 02/15/09 137,150 2,100 Owens-Illinois, Inc. 7.350 05/15/08 2,131,500 5,540 Owens-Illinois, Inc. 7.500 05/15/10 5,581,550 855 Pliant Corp. 11.125 09/01/09 743,850 1,985 Pliant Corp. 13.000 06/01/10 387,075 1,495 Pliant Corp. 13.000 06/01/10 291,525 4,930 Tembec Industries, Inc. (Canada) 7.750 03/15/12 2,933,350 400 Tembec Industries, Inc. (Canada) 8.500 02/01/11 242,000 ------------- 43,755,072 ------------- GAMING & LEISURE 5.9% 475 Ceasars Entertainment 7.000 04/15/13 505,243 993 Ceasars Entertainment 8.875 09/15/08 1,074,923 434 HMH Properties, Inc., Ser B 7.875 08/01/08 442,680 5,365 Host Marriott LP 6.375 03/15/15 5,351,588 4,240 Host Marriott LP 7.125 11/01/13 4,420,200 7,200 Isle of Capri Casinos, Inc. 7.000 03/01/14 7,056,000 3,630 Las Vegas Sands Corp. 6.375 02/15/15 3,512,025 9,470 MGM Mirage, Inc. 6.000 10/01/09 9,446,325 1,835 Starwood Hotels & Resorts Worldwide, Inc. 7.875 05/01/12 2,018,500 3,005 Station Casinos, Inc. 6.000 04/01/12 3,012,513 3,795 Station Casinos, Inc. 6.875 03/01/16 3,870,900 ------------- 40,710,897 ------------- HEALTHCARE 6.7% 4,145 AmerisourceBergen Corp., 144A - Private Placement (a) 5.625 09/15/12 4,155,363 2,860 Community Health Systems, Inc. 6.500 12/15/12 2,834,975 3,275 DaVita, Inc. 6.625 03/15/13 3,373,250 3,375 Fisher Scientific International, Inc., 144A - Private 6.125 07/01/15 3,379,219 Placement (a) 6,805 Fresenius Medical Care Capital Trust IV 7.875 06/15/11 7,298,363 3,620 HCA, Inc. 6.300 10/01/12 3,614,385 2,085 HCA, Inc. 8.700 02/10/10 2,266,526 940 HCA, Inc. 8.750 09/01/10 1,036,997 3,980 Medcath Holdings Corp. 9.875 07/15/12 4,258,600 850 National Nephrology Associates, Inc., 144A - Private 9.000 11/01/11 939,250 Placement (a) 830 Tenet Healthcare Corp. 7.375 02/01/13 759,450 3,880 Tenet Healthcare Corp. 9.875 07/01/14 3,909,100 4,900 VWR International, Inc. 6.875 04/15/12 4,887,750 3,975 Warner Chilcott Corp., 144A - Private Placement (a) 8.750 02/01/15 3,637,125 ------------- 46,350,353 ------------- HOUSING 3.8% 10,520 Associated Materials, Inc. (b) 0/11.250 03/01/14 4,523,600 2,190 Goodman Global Holdings, Inc., 144A - Private Placement 7.875 12/15/12 2,069,550 (a) 1,350 Goodman Global Holdings, Inc., 144A - Private Placement 6.410 06/15/12 1,343,250 (Variable Rate Coupon) (a) 1,180 Interface, Inc. 7.300 04/01/08 1,188,850 4,465 Interface, Inc. 9.500 02/01/14 4,465,000 1,435 Interface, Inc. 10.375 02/01/10 1,549,800 5,915 Nortek, Inc. 8.500 09/01/14 5,707,975 1,596 Technical Olympic USA, Inc. 9.000 07/01/10 1,599,990 2,660 Technical Olympic USA, Inc. 9.000 07/01/10 2,666,650 1,612 Technical Olympic USA, Inc. 10.375 07/01/12 1,595,880 ------------- 26,710,545 ------------- INFORMATION TECHNOLOGY 2.2% 525 Iron Mountain, Inc. 6.625 01/01/16 490,875 2,300 Iron Mountain, Inc. 7.750 01/15/15 2,334,500 5,045 Iron Mountain, Inc. 8.625 04/01/13 5,297,250 2,940 Nortel Networks Ltd. (Canada) 6.125 02/15/06 2,947,350 3,540 Sungard Data Systems, Inc., 144A - Private Placement (a) 9.125 08/15/13 3,681,600 320 Sungard Data Systems, Inc., 144A - Private Placement 8.525 08/15/13 333,200 (Variable Rate Coupon) (a) ------------- 15,084,775 ------------- MANUFACTURING 3.2% 2,185 General Cable Corp. 9.500 11/15/10 2,337,950 1,959 JohnsonDiversey, Inc. (Euro) 9.625 05/15/12 2,321,210 4,463 JohnsonDiversey, Inc., Ser B 9.625 05/15/12 4,485,315 2,574 Manitowoc Co., Inc. 10.500 08/01/12 2,882,880 55 Manitowoc Co., Inc. (Euro) 10.375 05/15/11 70,357 6,525 NMHG Holdings Co. 10.000 05/15/09 6,981,750 3,265 Propex Fabrics, Inc. 10.000 12/01/12 2,852,794 ------------- 21,932,256 ------------- METALS 2.4% 1,661 Doe Run Resources Corp. (Acquired 04/15/03 to 10/15/04, 8.500 11/01/08 1,311,895 Cost $676,263) (g) (h) 1,340 Foundation PA Coal Co. 7.250 08/01/14 1,373,500 6,975 Novelis, Inc. (Canada) 7.250 02/15/15 6,556,500 2,445 SGL Carbon Luxembourg SA, 144A - Private Placement 8.500 02/01/12 3,170,922 (Euro) (Luxembourg) (a) 4,123 UCAR Finance, Inc. 10.250 02/15/12 4,370,380 ------------- 16,783,197 ------------- RETAIL 0.7% 3,110 Brown Shoe Co., Inc. 8.750 05/01/12 3,234,400 1,980 General Nutrition Center, Inc. 8.500 12/01/10 1,712,700 ------------- 4,947,100 ------------- SERVICES 2.8% 5,715 Allied Waste North America, Inc. 6.375 04/15/11 5,643,563 1,850 Allied Waste North America, Inc. 7.875 04/15/13 1,933,250 1,437 Allied Waste North America, Inc., Ser B 9.250 09/01/12 1,569,923 1,590 Buhrmann US, Inc. 7.875 03/01/15 1,578,075 3,580 Buhrmann US, Inc. 8.250 07/01/14 3,597,900 4,245 MSW Energy Holdings LLC, Ser B 7.375 09/01/10 4,361,738 985 MSW Energy Holdings/Finance 8.500 09/01/10 1,049,025 ------------- 19,733,474 ------------- TELECOMMUNICATIONS 1.8% 6,440 Axtel SA (Mexico) 11.000 12/15/13 7,228,900 6,030 Exodus Communications, Inc. (c) (e) (f) 11.250 07/01/08 0 770 Exodus Communications, Inc. (c) (e) (f) 11.625 07/15/10 0 4,000 Exodus Communications, Inc. (Euro) (c) (e) (f) 11.375 07/15/08 0 8,250 GST Network Funding, Inc. (c) (e) (f) 10.500 05/01/08 825 4,000 Park N View, Inc., Ser B (c) (e) (f) 13.000 05/15/08 0 4,405 Qwest Communications International, Inc. (Variable Rate 7.840 02/15/09 4,487,594 Coupon) 990 Qwest Corp. 5.625 11/15/08 985,050 ------------- 12,702,369 ------------- TRANSPORTATION 5.2% 6,725 Amsted Industries, Inc., 144A - Private Placement (a) 10.250 10/15/11 7,305,031 1,765 Arvinmeritor, Inc. 8.750 03/01/12 1,659,100 1,690 General Motors Corp. 7.125 07/15/13 1,174,550 3,285 General Motors Corp. 8.375 07/15/33 2,233,800 5,585 Lear Corp. 8.110 05/15/09 5,272,212 5,720 Petro Stopping Centers, LP 9.000 02/15/12 5,705,700 7,685 Sonic Automotive, Inc., Ser B 8.625 08/15/13 7,358,388 5,471 TRW Automotive, Inc. 9.375 02/15/13 5,922,358 ------------- 36,631,139 ------------- UTILITY 8.1% 925 AES Corp. 7.750 03/01/14 964,313 528 AES Corp. 8.875 02/15/11 571,560 740 AES Corp. 9.375 09/15/10 808,450 3,035 AES Corp., 144A - Private Placement (a) 9.000 05/15/15 3,334,706 5,930 CMS Energy Corp. 7.500 01/15/09 6,093,075 2,825 Colorado Interstate Gas Co., 144A - Private Placement 6.800 11/15/15 2,880,107 (a) 1,745 Dynegy Holdings, Inc. 6.875 04/01/11 1,705,738 3,830 Dynegy Holdings, Inc., 144A - Private Placement (a) 9.875 07/15/10 4,203,425 1,355 IPALCO Enterprises, Inc. 8.625 11/14/11 1,487,113 4,645 Monongahela Power Co. 5.000 10/01/06 4,644,893 2,515 Nevada Power Co. 9.000 08/15/13 2,783,094 2,945 Nevada Power Co., Ser A 8.250 06/01/11 3,268,950 995 Northwest Pipeline Corp. 8.125 03/01/10 1,060,919 5,792 Ormat Funding Corp. 8.250 12/30/20 5,820,461 610 PSEG Energy Holdings 7.750 04/16/07 625,250 4,030 PSEG Energy Holdings 8.625 02/15/08 4,206,313 3,495 Reliant Energy, Inc. 6.750 12/15/14 3,075,600 1,955 Southern Natural Gas Co. 8.875 03/15/10 2,100,374 6,210 Williams Cos., Inc. 7.875 09/01/21 6,582,600 ------------- 56,216,941 ------------- WIRELESS COMMUNICATIONS 3.8% 3,090 American Tower Corp. 7.125 10/15/12 3,205,875 3,085 American Tower Corp. 7.500 05/01/12 3,231,538 2,300 Rural Cellular Corp. 9.625 05/15/08 2,348,875 3,865 Rural Cellular Corp. (Variable Rate Coupon) 8.370 03/15/10 3,990,613 4,249 SBA Communications Corp. (b) 0/9.750 12/15/11 3,909,080 1,148 SBA Communications Corp. 8.500 12/01/12 1,280,020 4,040 UbiquiTel Operating Co. 9.875 03/01/11 4,489,450 3,695 Wind Acquisition Financial SA, 144A - Private Placement 10.750 12/01/15 3,861,275 (Luxembourg) (a) ------------- 26,316,726 ------------- TOTAL CORPORATE BONDS 93.4% 648,752,689 ------------- FOREIGN CONVERTIBLE CORPORATE OBLIGATION 0.5% 3,980 Nortel Networks Corp. (Canada) 4.250 09/01/08 3,751,150 ------------- DESCRIPTION VALUE EQUITIES 0.2% DecisionOne Corp. (10,890 Common Stock Warrants Class A) (f) (i) 0 DecisionOne Corp. (18,765 Common Stock Warrants Class 0 B) (f) (i) DecisionOne Corp. (11,130 Common Stock Warrants Class 0 C) (f) (i) DecisionOne Corp. (19,895 Common Shares) (f) (i) 0 Doe Run Resources Corp. (29 Common Stock Warrants) (f)(i) 0 HCI Direct, Inc. (106,250 Common Shares Class 1) (f) (i) 1,593,750 HF Holdings, Inc. (36,820 Common Stock Warrants) (f) (i) 0 Hosiery Corp. of America, Inc., 144A - Private Placement 0 (1,000 Common Shares Class A) (a) (f) (i) Jazztel, PLC, 144A - Private Placement (5,000 Common 0 Stock Warrants) (Euro) (United Kingdom) (a) (f) (i) OpTel, Inc., 144A - Private Placement (3,275 Common 0 Shares) (a) (f) (i) Park N View, Inc., 144A - Private Placement (4,000 0 Common Stock Warrants) (a) (e) (f) (i) Reunion Industries, Inc. (107,947 Common Stock 0 Warrants) (f) (i) Ventelo, Inc., 144A - Private Placement (73,021 Common 0 Shares) (Euro) (United Kingdom) (a) (f) (i) Viatel Holding Bermuda Ltd. (7,852 Common Shares) 157 (Bermuda) (i) VS Holdings, Inc. (946,962 Common Shares) (f) (i) 0 ------------- TOTAL EQUITIES 1,593,907 ------------- TOTAL LONG-TERM INVESTMENTS 94.1% (Cost $694,225,698) 654,097,746 REPURCHASE AGREEMENT 4.8% State Street Bank & Trust Co. ($33,115,000 par collateralized by U.S. Government obligations in a pooled cash account, interest rate of 3.93%, dated 11/30/05, to be sold on 12/01/05 at $33,118,615) 33,115,000 ------------- (Cost $33,115,000) TOTAL INVESTMENTS 98.9% (Cost $729,362,336) 687,212,746 FOREIGN CURRENCY 0.1% (Cost $727,340,698) 645,261 OTHER ASSETS IN EXCESS OF LIABILITIES 1.0% 6,708,034 ------------- NET ASSETS 100.0% $694,566,041 ============= Percentages are calculated as a percentage of net assets. (a) 144A securities are those which are exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration which are normally those transactions with qualified institutional buyers. (b) Security is a "step-up" bond where the coupon increases or steps up at a predetermined date. (c) Non-income producing as security is in default. (d) Security purchased on a when-issued or delayed delivery basis. (e) This borrower has filed for protection in federal bankruptcy court. (f) Market value is determined in accordance with procedures established in good faith by the Board of Trustees. (g) Payment-in-kind security. (h) This security is restricted and may be resold only in transactions exempt from registration which are normally those transactions with qualified institutional buyers. This restricted security comprises 0.2% of net assets. (i) Non-income producing security as this stock currently does not declare dividends. (Euro) - Eurodollar Item 2. Controls and Procedures. (a) The Fund's principal executive officer and principal financial officer have concluded that the Fund's disclosure controls and procedures are sufficient to ensure that information required to be disclosed by the Fund in this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission's rules and forms, based upon such officers' evaluation of these controls and procedures as of a date within 90 days of the filing date of the report. (b) There were no changes in the Fund's internal control over financial reporting that occurred during the registrant's fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Fund's internal control over financial reporting. Item 3. Exhibits. (a) A certification for the Principal Executive Officer of the registrant is attached hereto as part of EX-99.cert. (b) A certification for the Principal Financial Officer of the registrant is attached hereto as part of EX-99.cert. SIGNATURES 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. (Registrant) Van Kampen High Yield Fund By: /s/ Ronald E. Robison --------------------- Name: Ronald E. Robison Title: Principal Executive Officer Date: January 19, 2006 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the registrant and in the capacities and on the dates indicated. By: /s/ Ronald E. Robison --------------------- Name: Ronald E. Robison Title: Principal Executive Officer Date: January 19, 2006 By: /s/ Phillip G. Goff ------------------- Name: Phillip G. Goff Title: Principal Financial Officer Date: January 19, 2006