<PAGE> PAGE 1
000 A000000 09/30/97
000 C000000 0001027624
000 D000000 N
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000 F000000 Y
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000 J000000 A
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001 C000000 5136292000
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002 D020000 4094
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008 D01AA01 DAYTON
008 D02AA01 OH
008 D03AA01 45423
010 A00AA01 COUNTRYWIDE FUND SERVICES, INC.
010 B00AA01 84-1093
010 C01AA01 CINCINNATI
010 C02AA01 OH
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010 C04AA01 4094
<PAGE> PAGE 2
011 A00AA01 2480 SECURITIES LLC
011 B00AA01 8-49648
011 C01AA01 DAYTON
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011 C03AA01 45423
012 A00AA01 COUNTRYWIDE FUND SERVICES, INC.
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012 C04AA01 4094
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014 A00AA01 COUNTRYWIDE INVESTMENTS, INC.
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014 A00AA02 2480 SECURITIES LLC
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<PAGE> PAGE 3
022 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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<PAGE> PAGE 4
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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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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
SIGNATURE TINA D. HOSKING
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001027624
<NAME> DEAN FAMILY OF FUNDS
<SERIES>
<NUMBER> 11
<NAME> LARGE CAP VALUE FUND - CLASS A
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<TABLE> <S> <C>
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<CIK> 0001027624
<NAME> DEAN FAMILY OF FUNDS
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<NUMBER> 13
<NAME> LARGE CAP VALUE FUND - CLASS C
<S> <C>
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</TABLE>
<TABLE> <S> <C>
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<CIK> 0001027624
<NAME> DEAN FAMILY OF FUNDS
<SERIES>
<NUMBER> 21
<NAME> SMALL CAP VALUE FUND - CLASS A
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001027624
<NAME> DEAN FAMILY OF FUNDS
<SERIES>
<NUMBER> 23
<NAME> SMALL CAP VALUE FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1998
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001027624
<NAME> DEAN FAMILY OF FUNDS
<SERIES>
<NUMBER> 31
<NAME> BALANCED FUND - CLASS A
<S> <C>
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<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> SEP-30-1997
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001027624
<NAME> DEAN FAMILY OF FUNDS
<SERIES>
<NUMBER> 33
<NAME> BALANCED FUND - CLASS C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> SEP-30-1997
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<PAID-IN-CAPITAL-COMMON> 7,234,454
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</TABLE>
