FIRST AMERICAN STRATEGY FUNDS INC
NSAR-A, 1998-05-29
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<PAGE>      PAGE  1
000 A000000 03/31/98
000 C000000 0001017927
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 FIRST AMERICAN STRATEGY FUNDS
001 B000000 811-07687
001 C000000 8000000000
002 A000000 0
002 B000000 OAKS
002 C000000 PA
002 D010000 19456
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C020100 INCOME FUND
007 C030100 N
007 C010200  2
007 C020200 GROWTH AND INCOME FUND
007 C030200 N
007 C010300  3
007 C020300 GROWTH FUND
007 C030300 N
007 C010400  4
007 C020400 AGGRESSIVE GROWTH FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 U.S. BANK NATIONAL ASSOCIATION
008 B00AA01 A
008 C00AA01 801-0000
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55480
010 A00AA01 SEI INVESTMENTS MANAGEMENT CORPORATION
010 C01AA01 WAYNE
010 C02AA01 PA
010 C03AA01 19087
015 A00AA01 U.S. BANK NATIONAL ASSOCIATION
<PAGE>      PAGE  2
015 B00AA01 C
015 C01AA01 ST. PAUL
015 C02AA01 MN
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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  10
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<PAGE>      PAGE  11
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SIGNATURE   MIKE BEATTIE                                 
TITLE       CONTROLLER          
 


<TABLE> <S> <C>

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<CIK> 0001017927
<NAME> FIRST AMERICAN STRATEGY FUNDS
<SERIES>
   <NUMBER> 010
   <NAME> STRATEGY INCOME FUND
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<NAME> FIRST AMERICAN STRATEGY FUNDS
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0001017927
<NAME> FIRST AMERICAN STRATEGY FUNDS
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   <NAME> STRATEGY GROWTH FUND
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<TABLE> <S> <C>

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   <NAME> STRATEGY AGGRESSIVE GROWTH
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