KOBREN INSIGHT FUNDS
NSAR-B, 1999-02-24
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<PAGE>      PAGE  1
000 B000000 12/31/98
000 C000000 1022661
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 KOBREN INSIGHT FUNDS
001 B000000 811-7813
001 C000000 8005664274
002 A000000 20 WILLIAM STREET, SUITE 310 PO BOX 9135
002 B000000 WELLESLEY HILLS
002 C000000 MA
002 D010000 02181
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C020100 KOBREN GROWTH FUND
007 C030100 N
007 C010200  2
007 C020200 KOBREN MODERATE GROWTH FUND
007 C030200 N
007 C010300  3
007 C020300 KOBREN CONSERVATIVE ALLOCATION FUND
007 C030300 N
007 C010400  4
007 C020400 KOBREN DELPHI VALUE FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 FIRST DATA INVESTOR SERVICES GROUP, INC.
010 B00AA01 84-1761
010 C01AA01 WESTBORO
010 C02AA01 MA
010 C03AA01 01581
010 C04AA01 2873
011 A00AA01 KOBREN INSIGHT BROKERAGE, INC.
011 B00AA01 8-38747
011 C01AA01 WELLESLEY HILLS
011 C02AA01 MA
011 C03AA01 02181
<PAGE>      PAGE  2
012 A00AA01 FIRST DATA INVESTOR SERVICES GROUP, INC.
012 B00AA01 84-1761
012 C01AA01 WESTBORO
012 C02AA01 MA
012 C03AA01 01581
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 KOBREN INSIGHT BROKERAGE, INC.
014 B00AA01 8-38747
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
019 C00AA00 KOBRENINSI
020 A000001 MERRILL LYNCH
020 B000001 13-5674085
020 C000001     12
020 A000002 FIRST BOSTON
020 B000002 13-5659485
020 C000002      6
020 A000003 LEHMAN BROS.
020 B000003 13-2518466
020 C000003      2
020 A000004 RUSSELL, FRANK SEC C-T BEAR ST
020 C000004      2
020 A000005 DONALD LUFKIN & JENRENTTE
020 B000005 13-2741729
020 C000005      1
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       23
022 A000001 FIDELITY
022 C000001      6700
022 D000001      5308
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002      1567
022 D000002         0
022 A000003 FIRST BOSTON
022 B000003 13-5659485
022 C000003      1132
022 D000003         0
022 A000004 KEEFE, BRUYETTE & WOODS
022 B000004 13-1964616
022 C000004       444
022 D000004         0
022 A000005 FURMAN SELZ MAGER & CO
<PAGE>      PAGE  3
022 C000005       342
022 D000005         0
022 A000006 PAINE WEBBER INC.
022 B000006 13-2638166
022 C000006       324
022 D000006         0
022 A000007 HERZOG HEINE GEDULD INC
022 B000007 13-1955436
022 C000007       277
022 D000007         0
022 A000008 LEHMAN BROS.
022 B000008 13-2518466
022 C000008       200
022 D000008         0
022 A000009 GOLDMAN SACHS
022 B000009 13-5108880
022 C000009       178
022 D000009         0
022 A000010 DONALD LUFKIN & JENRENTTE
022 B000010 13-2741729
022 C000010       104
022 D000010         0
023 C000000      11320
023 D000000       5308
024  00AA00 N
025 D00AA01       0
025 D00AA02       0
025 D00AA03       0
025 D00AA04       0
025 D00AA05       0
025 D00AA06       0
025 D00AA07       0
025 D00AA08       0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
<PAGE>      PAGE  4
034  00AA00 N
035  00AA00      0
036 B00AA00      0
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
058 B00AA00 N
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00     2500
062 A00AA00 N
062 B00AA00   0.0
062 C00AA00   0.0
062 D00AA00   0.0
062 E00AA00   0.0
062 F00AA00   0.0
062 G00AA00   0.0
062 H00AA00   0.0
062 I00AA00   0.0
062 J00AA00   0.0
062 K00AA00   0.0
062 L00AA00   0.0
062 M00AA00   0.0
<PAGE>      PAGE  5
062 N00AA00   0.0
062 O00AA00   0.0
062 P00AA00   0.0
062 Q00AA00   0.0
062 R00AA00   0.0
063 A00AA00   0
063 B00AA00  0.0
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A00AA00 FEDERAL INSURANCE COMPANY
080 C00AA00     5000
081 A00AA00 Y
081 B00AA00   8
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
<PAGE>      PAGE  6
008 A000101 KOBREN INSIGHT MANAGEMENT, INC.
008 B000101 A
008 C000101 801-30125
008 D010101 WELLESLEY HILLS
008 D020101 MA
008 D030101 02181
008 A000102 DELETE
015 A000101 BOSTON SAFE DEPOSIT AND TRUST COMPANY
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02108
015 E010101 X
015 A000102 NATIONAL FINANCIAL SERVICE CORP.
015 B000102 S
015 C010102 NEW YORK
015 C020102 NY
015 C030102 10005
015 E020102 X
028 A010100      2486
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028 A030100         0
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028 B030100         0
028 B040100      3849
028 C010100      2258
028 C020100         0
028 C030100         0
028 C040100      2603
028 D010100       401
028 D020100         0
028 D030100         0
028 D040100      2200
028 E010100       625
028 E020100         0
028 E030100         0
028 E040100      1557
028 F010100       865
028 F020100      1430
028 F030100         0
028 F040100      4419
028 G010100     10622
028 G020100      1430
028 G030100         0
028 G040100     16383
028 H000100         0
037  000100 N
038  000100      0
039  000100 Y
<PAGE>      PAGE  7
040  000100 N
041  000100 N
042 A000100   0
042 B000100   0
042 C000100   0
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100      0
044  000100      0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.750
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048 A020100 0.000
048 B010100        0
048 B020100 0.000
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
066 A000100 Y
066 D000100 Y
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
<PAGE>      PAGE  8
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 N
070 M010100 Y
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100     39529
071 B000100     42122
071 C000100     63710
071 D000100   62
072 A000100 12
072 B000100       54
072 C000100      422
072 D000100        0
072 E000100        0
072 F000100      496
072 G000100       68
072 H000100        0
072 I000100       62
072 J000100        3
072 K000100        0
072 L000100        0
072 M000100       12
072 N000100       17
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       12
<PAGE>      PAGE  9
072 S000100       24
072 T000100        0
072 U000100        4
072 V000100        0
072 W000100       12
072 X000100      710
072 Y000100      106
072 Z000100     -128
072AA000100     2481
072BB000100        0
072CC010100     3984
072CC020100        0
072DD010100      138
072DD020100        0
072EE000100     1309
073 A010100   0.0300
073 A020100   0.0000
073 B000100   0.2600
073 C000100   0.0000
074 A000100        0
074 B000100        0
074 C000100        0
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100    62834
074 J000100     1736
074 K000100        0
074 L000100       77
074 M000100       32
074 N000100    64679
074 O000100        0
074 P000100       36
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      136
074 S000100        0
074 T000100    64507
074 U010100     5144
074 U020100        0
074 V010100    12.54
074 V020100     0.00
074 W000100   0.0000
074 X000100      978
074 Y000100        0
075 A000100        0
075 B000100    66082
<PAGE>      PAGE  10
076  000100     0.00
008 A000201 KOBREN INSIGHT MANAGEMENT, INC.
008 B000201 A
008 C000201 801-30125
008 D010201 WELLESLEY HILLS
008 D020201 MA
008 D030201 02181
015 A000201 BOSTON SAFE DEPOSIT AND TRUST COMPANY
015 B000201 C
015 C010201 BSOTON
015 C020201 MA
015 C030201 02108
015 E010201 X
015 A000202 NATIONAL FINANCIAL SERVICES CORP.
015 B000202 S
015 C010202 NEW YORK
015 C020202 NY
015 C030202 10005
015 E020202 X
028 A010200      2015
028 A020200         0
028 A030200         0
028 A040200      2655
028 B010200       997
028 B020200         0
028 B030200         0
028 B040200      2993
028 C010200       786
028 C020200         0
028 C030200         0
028 C040200      2412
028 D010200      1064
028 D020200         0
028 D030200         0
028 D040200      1499
028 E010200       504
028 E020200         0
028 E030200         0
028 E040200      1827
028 F010200       503
028 F020200      1832
028 F030200         0
028 F040200      2621
028 G010200      5869
028 G020200      1832
028 G030200         0
028 G040200     14007
028 H000200         0
037  000200 N
038  000200      0
039  000200 Y
<PAGE>      PAGE  11
040  000200 N
041  000200 N
042 A000200   0
042 B000200   0
042 C000200   0
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200      0
044  000200      0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.750
048 A010200        0
048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
066 A000200 Y
066 G000200 Y
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
<PAGE>      PAGE  12
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 N
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200     32106
071 B000200     25154
071 C000200     49935
071 D000200   50
072 A000200 12
072 B000200      598
072 C000200      473
072 D000200        0
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072 G000200       68
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072 I000200       56
072 J000200        3
072 K000200        0
072 L000200        0
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072 N000200       18
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072 Q000200        0
072 R000200       12
<PAGE>      PAGE  13
072 S000200       19
072 T000200        0
072 U000200        2
072 V000200        0
072 W000200       10
072 X000200      587
072 Y000200      114
072 Z000200      598
072AA000200     1122
072BB000200        0
072CC010200        0
072CC020200      371
072DD010200      822
072DD020200        0
072EE000200     1048
073 A010200   0.2200
073 A020200   0.0000
073 B000200   0.2800
073 C000200   0.0000
074 A000200        0
074 B000200        0
074 C000200        0
074 D000200        0
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200    46829
074 J000200        0
074 K000200        0
074 L000200      280
074 M000200       20
074 N000200    47129
074 O000200        0
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074 Q000200        0
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074 R030200        0
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074 S000200        0
074 T000200    46958
074 U010200     3960
074 U020200        0
074 V010200    11.86
074 V020200     0.00
074 W000200   0.0000
074 X000200      708
074 Y000200        0
075 A000200        0
075 B000200    51825
<PAGE>      PAGE  14
076  000200     0.00
008 A000301 KOBREN INSIGHT MANAGEMENT, INC.
008 B000301 A
008 C000301 801-30125
008 D010301 WELLESLEY HILLS
008 D020301 MA
008 D030301 02181
015 A000301 BOSTON SAFE DEPOSIT AND TRUST COMPANY
015 B000301 C
015 C010301 BOSTON
015 C020301 MA
015 C030301 02108
015 E010301 X
015 A000302 NATIONAL FINANCIAL SERVICE CORP.
015 B000302 S
015 C010302 NEW YORK
015 C020302 NY
015 C030302 10005
015 E020302 X
028 A010300      1147
028 A020300        70
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028 B010300       651
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028 C010300       579
028 C020300         0
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028 C040300      1382
028 D010300       148
028 D020300        95
028 D030300         0
028 D040300       887
028 E010300       443
028 E020300         0
028 E030300         0
028 E040300      1057
028 F010300        95
028 F020300       776
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028 H000300         0
037  000300 N
038  000300      0
039  000300 Y
<PAGE>      PAGE  15
040  000300 N
041  000300 N
042 A000300   0
042 B000300   0
042 C000300   0
042 D000300   0
042 E000300   0
042 F000300   0
042 G000300   0
042 H000300   0
043  000300      0
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045  000300 Y
046  000300 N
047  000300 Y
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048 G020300 0.000
048 H010300        0
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048 I020300 0.000
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048 J020300 0.000
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066 A000300 Y
066 E000300 Y
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
<PAGE>      PAGE  16
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300     18395
071 B000300     14482
071 C000300     21164
071 D000300   68
072 A000300 12
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072 C000300      323
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072 G000300       68
072 H000300        0
072 I000300       42
072 J000300        3
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072 L000300        0
072 M000300        5
072 N000300       16
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300        3
<PAGE>      PAGE  17
072 S000300        8
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072 U000300        2
072 V000300        0
072 W000300        5
072 X000300      318
072 Y000300       97
072 Z000300      445
072AA000300        0
072BB000300      420
072CC010300      346
072CC020300        0
072DD010300      585
072DD020300        0
072EE000300      427
073 A010300   0.3300
073 A020300   0.0000
073 B000300   0.2500
073 C000300   0.0000
074 A000300        0
074 B000300        0
074 C000300        0
074 D000300        0
074 E000300        0
074 F000300        0
074 G000300        0
074 H000300        0
074 I000300    19635
074 J000300        0
074 K000300        0
074 L000300      162
074 M000300        6
074 N000300    19803
074 O000300        0
074 P000300       15
074 Q000300        0
074 R010300        0
074 R020300        0
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074 R040300       78
074 S000300        0
074 T000300    19710
074 U010300     1762
074 U020300        0
074 V010300    11.19
074 V020300     0.00
074 W000300   0.0000
074 X000300      281
074 Y000300        0
075 A000300        0
075 B000300    22133
<PAGE>      PAGE  18
076  000300     0.00
008 A000401 KOBREN INSIGHT MANAGEMENT, INC.
008 B000401 A
008 C000401 801-30125
008 D010401 WELLSESLEY HILLS
008 D020401 MA
008 D030401 02181
008 A000402 DELPHI MANAGEMENT, INC.
008 B000402 S
008 C000402 801-18367
008 D010402 BOSTON
008 D020402 MA
008 D030402 02111
015 A000401 BOSTON SAFE DEPOSIT AND TRUST COMPANY
015 B000401 C
015 C010401 BOSTON
015 C020401 MA
015 C030401 02108
015 E010401 X
028 A010400         0
028 A020400         0
028 A030400         0
028 A040400         0
028 B010400         0
028 B020400         0
028 B030400         0
028 B040400         0
028 C010400         0
028 C020400         0
028 C030400         0
028 C040400         0
028 D010400         0
028 D020400         0
028 D030400         0
028 D040400         0
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037  000400 N
038  000400      0
039  000400 N
<PAGE>      PAGE  19
040  000400 Y
041  000400 Y
042 A000400   0
042 B000400   0
042 C000400   0
042 D000400 100
042 E000400   0
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042 G000400   0
042 H000400   0
043  000400      0
044  000400      0
045  000400 Y
046  000400 N
047  000400 Y
048  000400  1.000
048 A010400        0
048 A020400 0.000
048 B010400        0
048 B020400 0.000
048 C010400        0
048 C020400 0.000
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400        0
048 K020400 0.000
066 A000400 Y
066 D000400 Y
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
<PAGE>      PAGE  20
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400      2179
071 B000400         0
071 C000400      1119
071 D000400    0
072 A000400  1
072 B000400        0
072 C000400        3
072 D000400        0
072 E000400        0
072 F000400        1
072 G000400        3
072 H000400        0
072 I000400        2
072 J000400        0
072 K000400        0
072 L000400        0
072 M000400        0
072 N000400        0
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400        4
<PAGE>      PAGE  21
072 S000400        0
072 T000400        0
072 U000400        0
072 V000400        0
072 W000400        1
072 X000400       11
072 Y000400        9
072 Z000400        1
072AA000400        0
072BB000400        0
072CC010400       59
072CC020400        0
072DD010400        0
072DD020400        0
072EE000400        0
073 A010400   0.0000
073 A020400   0.0000
073 B000400   0.0000
073 C000400   0.0000
074 A000400        0
074 B000400        0
074 C000400        0
074 D000400        0
074 E000400        0
074 F000400     2238
074 G000400        0
074 H000400        0
074 I000400     4165
074 J000400        0
074 K000400        3
074 L000400      293
074 M000400       27
074 N000400     6726
074 O000400        0
074 P000400        4
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400     1394
074 S000400        0
074 T000400     5328
074 U010400      499
074 U020400       27
074 V010400    10.12
074 V020400    10.12
074 W000400   0.0000
074 X000400       17
074 Y000400        0
075 A000400        0
075 B000400     3957
<PAGE>      PAGE  22
076  000400     0.00
SIGNATURE   RICHARD ROSE                                 
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 03
   <NAME> KOBREN CONSERVATIVE ALLOCATION FUND
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         19135328
<INVESTMENTS-AT-VALUE>                        19634565
<RECEIVABLES>                                   161711
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                              6277
<TOTAL-ASSETS>                                19802553
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        92567
<TOTAL-LIABILITIES>                              92567
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      19771415
<SHARES-COMMON-STOCK>                          1761910
<SHARES-COMMON-PRIOR>                          1534728
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (560666)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        499237
<NET-ASSETS>                                  19709986
<DIVIDEND-INCOME>                               323338
<INTEREST-INCOME>                               342871
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  221349
<NET-INVESTMENT-INCOME>                         444860
<REALIZED-GAINS-CURRENT>                      (419512)
<APPREC-INCREASE-CURRENT>                       346115
<NET-CHANGE-FROM-OPS>                           371463
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (585493)
<DISTRIBUTIONS-OF-GAINS>                      (426542)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1260211
<NUMBER-OF-SHARES-REDEEMED>                  (1120082)
<SHARES-REINVESTED>                              87053
<NET-CHANGE-IN-ASSETS>                         2234617
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       426021
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           165999
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 317756
<AVERAGE-NET-ASSETS>                          22133184
<PER-SHARE-NAV-BEGIN>                            11.39
<PER-SHARE-NII>                                    .33
<PER-SHARE-GAIN-APPREC>                            .05
<PER-SHARE-DIVIDEND>                             (.33)
<PER-SHARE-DISTRIBUTIONS>                        (.25)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.19
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 041
   <NAME> KOBREN DELPHI VALUE FUND RETAIL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          6344183
<INVESTMENTS-AT-VALUE>                         6402743
<RECEIVABLES>                                   296437
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             27262
<TOTAL-ASSETS>                                 6726442
<PAYABLE-FOR-SECURITIES>                       1394262
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         4581
<TOTAL-LIABILITIES>                            1398843
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       5263361
<SHARES-COMMON-STOCK>                           499444
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         5678
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         58560
<NET-ASSETS>                                   5327599
<DIVIDEND-INCOME>                                 2508
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1705
<NET-INVESTMENT-INCOME>                            803
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                        58560
<NET-CHANGE-FROM-OPS>                            59363
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         499444
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         5327599
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              976
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  10647
<AVERAGE-NET-ASSETS>                           3918260
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                            .11
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.12
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 042
   <NAME> KOBREN DELPHI VALUE FUND INSTITUTIONAL CLASS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                          6344183
<INVESTMENTS-AT-VALUE>                         6402743
<RECEIVABLES>                                   296437
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             27262
<TOTAL-ASSETS>                                 6726442
<PAYABLE-FOR-SECURITIES>                       1394262
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         4581
<TOTAL-LIABILITIES>                            1398843
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       5263361
<SHARES-COMMON-STOCK>                            26849
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         5678
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         58560
<NET-ASSETS>                                   5327599
<DIVIDEND-INCOME>                                 2508
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1705
<NET-INVESTMENT-INCOME>                            803
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                        58560
<NET-CHANGE-FROM-OPS>                            59363
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          26849
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         5327599
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              976
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  10647
<AVERAGE-NET-ASSETS>                             38865  
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                            .12
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.12
<EXPENSE-RATIO>                                   1.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 01
   <NAME> KOBREN GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         56349501
<INVESTMENTS-AT-VALUE>                        62833771
<RECEIVABLES>                                  1812856
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             31957
<TOTAL-ASSETS>                                  678584
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       171839
<TOTAL-LIABILITIES>                             171839
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      56664862
<SHARES-COMMON-STOCK>                          5144196
<SHARES-COMMON-PRIOR>                          5432609
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        1357613
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       6484270
<NET-ASSETS>                                  64506745
<DIVIDEND-INCOME>                               421985
<INTEREST-INCOME>                                53788
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  604097
<NET-INVESTMENT-INCOME>                       (128324)
<REALIZED-GAINS-CURRENT>                       2481428
<APPREC-INCREASE-CURRENT>                      3983749
<NET-CHANGE-FROM-OPS>                          6336853
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (138552)
<DISTRIBUTIONS-OF-GAINS>                     (1309372)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2046221
<NUMBER-OF-SHARES-REDEEMED>                  (2448666)
<SHARES-REINVESTED>                             114032
<NET-CHANGE-IN-ASSETS>                         1997472
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       452433
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           495612
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 709983
<AVERAGE-NET-ASSETS>                          66081585
<PER-SHARE-NAV-BEGIN>                            11.51
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           1.29
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                        (.26)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.54
<EXPENSE-RATIO>                                    .91
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 02
   <NAME> KOBREN MODERATE GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                         45219048
<INVESTMENTS-AT-VALUE>                        46829138
<RECEIVABLES>                                   279448
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             20118
<TOTAL-ASSETS>                                47128704
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       170723
<TOTAL-LIABILITIES>                             170723
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      44449977
<SHARES-COMMON-STOCK>                          3959727
<SHARES-COMMON-PRIOR>                          3633723
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         897914
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1610090
<NET-ASSETS>                                  46957981
<DIVIDEND-INCOME>                               472979
<INTEREST-INCOME>                               598393
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  473539
<NET-INVESTMENT-INCOME>                         597833
<REALIZED-GAINS-CURRENT>                       1122036
<APPREC-INCREASE-CURRENT>                     (371379)
<NET-CHANGE-FROM-OPS>                          1348490
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (821936)
<DISTRIBUTIONS-OF-GAINS>                     (1048296)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1885448
<NUMBER-OF-SHARES-REDEEMED>                  (1713953)
<SHARES-REINVESTED>                             154509
<NET-CHANGE-IN-ASSETS>                         3577004
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      1048277
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           388684
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 587422
<AVERAGE-NET-ASSETS>                          51824584
<PER-SHARE-NAV-BEGIN>                            11.94
<PER-SHARE-NII>                                    .22
<PER-SHARE-GAIN-APPREC>                            .20
<PER-SHARE-DIVIDEND>                             (.22)
<PER-SHARE-DISTRIBUTIONS>                        (.28)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.86
<EXPENSE-RATIO>                                    .91
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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