NAVIGATOR SECURITIES LENDING TRUST
NSAR-A, 1997-08-28
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<PAGE>      PAGE  1
000 A000000 06/30/97
000 C000000 0001011008
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 NAVIGATOR SECURITIES LENDING TRUST
001 B000000 811-07567
001 C000000 6179851850
002 A000000 TWO INTERNATIONAL PLACE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
022 A000001 SWISS BANK CORP.
022 C000001  11925000
022 D000001         0
022 A000002 LEHMAN GOVERNMENT SECURITIES
022 C000002  11211959
022 D000002     64544
022 A000003 SALOMON BROTHERS, INC.
022 C000003   9910919
022 D000003     49984
022 A000004 JM LUMMIS AND CO.INC.
022 C000004   8484513
022 D000004         0
022 A000005 GARVIN GUY BUTLER
022 C000005   5337449
022 D000005         0
022 A000006 PREBON
022 C000006   4920537
022 D000006         0
022 A000007 EURO BROKERS INC.
022 C000007   3622084
022 D000007         0
022 A000008 UBS SECURITIES INC.
022 C000008   3157774
022 D000008    200525
022 A000009 DONALDSON, LUFKIN & JENRETTE
022 C000009   2511891
022 D000009         0
022 A000010 MERRILL LYNCH PIERCE FENNER AND SMITH
022 C000010   2400704
<PAGE>      PAGE  2
022 D000010     10151
023 C000000   87687529
023 D000000     384471
024  00AA00 N
077 A000000 N
028 A010100   2433852
028 A020100     16098
028 A030100         0
028 A040100   1241743
028 B010100   1373912
028 B020100     16400
028 B030100         0
028 B040100   1725652
028 C010100   1335697
028 C020100     17295
028 C030100         0
028 C040100   1488887
028 D010100   1911766
028 D020100     17783
028 D030100         0
028 D040100   1698403
028 E010100   1550239
028 E020100     17548
028 E030100         0
028 E040100   1547998
028 F010100   2443037
028 F020100     20503
028 F030100         0
028 F040100   2485166
028 G010100  11048504
028 G020100    105627
028 G030100         0
028 G040100  10187849
028 H000100         0
062 A000100 Y
062 B000100   0.0
062 C000100   2.3
062 D000100   0.0
062 E000100   0.0
062 F000100  18.8
062 G000100   0.0
062 H000100   0.0
062 I000100  35.5
062 J000100   1.7
062 K000100   0.0
062 L000100  41.2
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
<PAGE>      PAGE  3
062 R000100   0.0
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100  6
074 N000100  3854997
074 T000100  3844188
075 A000100  3842723
075 B000100        0
SIGNATURE   STEPHEN FORD                                 
TITLE       SR. REPORTING ADMIN.
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001011008
<NAME> NAVIGATOR SECURITIES LENDING TRUST PRIME PORTFOLIO
       
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<OTHER-ITEMS-LIABILITIES>                       809494
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<SENIOR-EQUITY>                                3844182
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<ACCUMULATED-NII-CURRENT>                            0
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<EXPENSES-NET>                                (745113)
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<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.03
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</TABLE>


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