Exhibit 13(e) SUBSCRIPTION AGREEMENT I hereby subscribe for one (1) share (the "Share") of the Lindner High-Yield Bond Fund (the "Fund") and agree to pay $10 for the Share. I represent and warrant to the Fund that I am purchasing the Share for...

Exhibit 13(e)

                            SUBSCRIPTION AGREEMENT

         I hereby subscribe for one (1) share (the "Share") of the Xxxxxxx
High-Yield Bond Fund (the "Fund") and agree to pay $10 for the Share.  I
represent and warrant to the Fund that I am purchasing the Share for
investment and not with a view to the distribution or resale.  I agree that
I will not redeem the Share prior to the time that the Fund has completed
the amortization of its organizational expenses.  In the event that the Fund
liquidates before its deferred organizational expenses are amortized in
full, the Share will bear a proportionate amount of such unamortized
organizational expenses.

/S/ XXXX X. XXXXXX      
Xxxx X. Xxxxxx


Dated:   April 6, 1998