EUREKA FUNDS
NSAR-B, EX-27, 2000-11-28
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001043173
<NAME> THE EUREKA FUNDS
<SERIES>
   <NUMBER> 021
   <NAME> INVESTMENT GRADE BOND

<S>                              <C>
<PERIOD-TYPE>                    		12-MOS
<FISCAL-YEAR-END>	                   SEP-30-2000
<PERIOD-START>				 OCT-01-1999
<PERIOD-END>				 SEP-30-2000
<INVESTMENTS-AT-COST>			   131543476
<INVESTMENTS-AT-VALUE>			   128882744
<RECEIVABLES>				     1648613
<ASSETS-OTHER>					 41305
<OTHER-ITEMS-ASSETS>				     0
<TOTAL-ASSETS>				   130572662
<PAYABLE-FOR-SECURITIES>		           0
<SENIOR-LONG-TERM-DEBT>				     0
<OTHER-ITEMS-LIABILITIES>	  	     1150122
<TOTAL-LIABILITIES>			     1150122
<SENIOR-EQUITY>					     0
<PAID-IN-CAPITAL-COMMON>		   134353354
<SHARES-COMMON-STOCK>			    13396049<F1>
<SHARES-COMMON-PRIOR>			    16029028<F1>
<ACCUMULATED-NII-CURRENT>			   569
<OVERDISTRIBUTION-NII>				     0
<ACCUMULATED-NET-GAINS>				     0
<OVERDISTRIBUTION-GAINS>		     2270651
<ACCUM-APPREC-OR-DEPREC>		   (2660732)
<NET-ASSETS>				   129422540
<DIVIDEND-INCOME>					 82915
<INTEREST-INCOME>				     9621250
<OTHER-INCOME>					     0
<EXPENSES-NET>				     1224615
<NET-INVESTMENT-INCOME>			     8479550
<REALIZED-GAINS-CURRENT>		   (1838281)
<APPREC-INCREASE-CURRENT>		     1682520
<NET-CHANGE-FROM-OPS>			     8323789
<EQUALIZATION>					     0
<DISTRIBUTIONS-OF-INCOME>		     8321599<F1>
<DISTRIBUTIONS-OF-GAINS>			     0<F1>
<DISTRIBUTIONS-OTHER>				     0<F1>
<NUMBER-OF-SHARES-SOLD>			     5389450
<NUMBER-OF-SHARES-REDEEMED>		     8750112
<SHARES-REINVESTED>				532818
<NET-CHANGE-IN-ASSETS>			  (26353990)
<ACCUMULATED-NII-PRIOR>				   556
<ACCUMULATED-GAINS-PRIOR>		           0
<OVERDISTRIB-NII-PRIOR>				     0
<OVERDIST-NET-GAINS-PRIOR>		      432370
<GROSS-ADVISORY-FEES>				868205
<INTEREST-EXPENSE>				     0
<GROSS-EXPENSE>				     1376340
<AVERAGE-NET-ASSETS>			   141894689<F1>
<PER-SHARE-NAV-BEGIN>				  9.49<F1>
<PER-SHARE-NII>					  0.55<F1>
<PER-SHARE-GAIN-APPREC>				  0.04<F1>
<PER-SHARE-DIVIDEND>				  0.55<F1>
<PER-SHARE-DISTRIBUTIONS>			  0.00<F1>
<RETURNS-OF-CAPITAL>				  0.00<F1>
<PER-SHARE-NAV-END>				  9.53<F1>
<EXPENSE-RATIO>					  0.84<F1>
<FN>
<F1> Class 1
</FN>







</TABLE>


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