<PAGE> PAGE 1
000 A000000 04/30/98
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008 D02AA01 NY
008 D03AA01 10036
010 A00AA01 FUNDS DISTRIBUTOR, INC.
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010 C02AA01 MA
010 C03AA01 02109
010 A00AA02 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
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<PAGE> PAGE 2
010 C03AA02 10036
010 A00AA03 PEIRPONT GROUP, INC
010 C01AA03 NEW YORK
010 C02AA03 NY
010 C03AA03 10017
011 A00AA01 FUNDS DISTRIBUTOR, INC.
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<PAGE> PAGE 3
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<PAGE> PAGE 4
031 A00AA00 0
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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SIGNATURE RICHARD W. INGRAM
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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This schedule contains summary financial data extracted from the semi-
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<LEGEND>
This schedule contains summary financial data extracted from the semi-
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</TABLE>
