United States
Securities and Exchange Commission
Washington , D. C. 20549
Form 13F
Form 13F Cover Page
Report for the Calendar Year or Quarter Ended: June 30, 2000
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing This Report:
Name: WM Advisors, Inc.
Address: 1201 Third Avenue, 22nd Floor
Seattle, WA 98101
13F File Number: 28-7110
The institiutional investment manager filing this report and the person
by whom it is signed hereby represent that the person signing the report
is authorized to submit it, that all information contained herein is true,
correct and complete, and that it is understood that all required items,
statements, schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Sharon L. Howells
Title: First Vice President
Phone: 206-461-6397
Signature, Place, and Date of Signing:
Sharon L. Howells Seattle, WA July 12, 2000
Report Type (Check only one.) :
[ X ] 13F Holdings Report
[ ] 13F Notice
[ ] 13F Combination Report
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 279
Form 13F Information Table Value Total: $3,372,724,699
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
AT&T CORP COMMON 001957109 28842000 912000 912000 912000
AT&T CORP COMMON 001957208 34235956 1411792 1411792 1411792
ATMI INC COMMON 00207R101 3878798 83415 83415 83415
AVT CORP COMMON 002420107 3112250 422000 422000 422000
ABBOTT LABS COMMON 002824100 13228378 296850 296850 296850
ACNIELSEN CORP COMMON 004833109 3817000 173500 173500 173500
ACXIOM CORP COMMON 005125109 2888500 106000 106000 106000
ADAPTEC INC BND CV 00651FAC2 7552500 9500000 9500000 9500000
ADOBE SYS INC COMMON 00724F101 31200000 240000 240000 240000
ADVANCED DIGITAL INFORMA COMMON 007525108 18089063 1135000 1135000 1135000
AETNA INC COMMON 008117103 43824016 682750 682750 682750
AIRBORNE FGHT CORP COMMON 009266107 11261866 594686 594686 594686
ALASKA AIR GROUP INC COMMON 011659109 2578774 95070 95070 95070
ALBERTSONS INC COMMON 013104104 15692005 471940 471940 471940
ALLSTATE CORP COMMON 020002101 15908750 715000 715000 715000
ALLTEL CORP COMMON 020039103 1707617 27570 27570 27570
ALZA CORP DEL COMMON 022615108 3961375 67000 67000 67000
AMBAC FINL GROUP INC COMMON 023139108 3343563 61000 61000 61000
AMERICAN CAPITAL STRATEG COMMON 024937104 11135897 466425 466425 466425
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 256258306 17461998 17461998 17461998
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
AMERICAN HOME PRODS CORP COMMON 026609107 19681250 335000 335000 335000
AMERICAN INTL GROUP INC COMMON 026874107 41125000 350000 350000 350000
AMERISOURCE HEALTH CORP COMMON 03071P102 5797000 187000 187000 187000
APEX INC COMMON 037548104 22443969 513005 513005 513005
ARBOR SOFTWARE CORP BND CV 038918AC2 1505000 1750000 1750000 1750000
ARDEN RLTY GROUP INC COMMON 039793104 1480500 63000 63000 63000
ARIS CORP COMMON 04040A101 5559194 2021525 2021525 2021525
ARROW ELECTRS INC COMMON 042735100 3007000 97000 97000 97000
ASHLAND INC COMMON 044204105 1888116 53850 53850 53850
AUTODESK INC COMMON 052769106 1323328 38150 38150 38150
AVON PRODS INC COMMON 054303102 43031500 967000 967000 967000
BP AMOCO P L C COMMON 055622104 7364098 130194 130194 130194
BMC SOFTWARE INC COMMON 055921100 42504297 1165000 1165000 1165000
BAKER HUGHES INC COMMON 057224107 2656000 83000 83000 83000
BANK OF AMERICA CORP COMMON 060505104 59309900 1379300 1379300 1379300
BANK ONE CORP COMMON 06423A103 885859 33350 33350 33350
BANK UTD CORP COMMON 065412108 3941000 112000 112000 112000
BANK UNITED 8% 'PIES' PFD CV 065412306 2430090 52260 52260 52260
BAXTER INTL INC COMMON 071813109 2640234 37550 37550 37550
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 268573335 9368184 9368184 9368184
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
BECTON DICKINSON & CO COMMON 075887109 2669372 93050 93050 93050
BEMIS INC COMMON 081437105 1656031 49250 49250 49250
BERINGER WINE ESTATES HO COMMON 084102102 9393125 266000 266000 266000
BLOCKBUSTER INC COMMON 093679108 1087422 112250 112250 112250
BOEING CO COMMON 097023105 64150995 1534254 1534254 1534254
BOISE CASCADE CORP COMMON 097383103 3441582 133008 133008 133008
BOWNE & CO INC COMMON 103043105 14641441 1455050 1455050 1455050
BRISTOL MYERS SQUIBB CO COMMON 110122108 20562250 353000 353000 353000
BSQUARE CORP COMMON 11776U102 10608450 472800 472800 472800
BUILDING MATLS HLDG CORP COMMON 120113105 13819577 1568179 1568179 1568179
CII FINL INC BND CV 12551LAB7 626400 1080000 1080000 1080000
CARDINAL HEALTH INC COMMON 14149Y108 56610000 765000 765000 765000
CARNIVAL CORP COMMON 143658102 9652500 495000 495000 495000
CARRAMERICA RLTY CORP COMMON 144418100 2130600 80400 80400 80400
CARREKER CORP COMMON 144433109 8005527 889503 889503 889503
CHARTER ONE FINL INC COMMON 160903100 3726000 162000 162000 162000
CHASE MANHATTAN CORP NEW COMMON 16161A108 23436600 508800 508800 508800
CHIQUITA BRANDS INTL INC BND CV 170032AH9 1377750 1650000 1650000 1650000
CHIREX INC COMMON 170038103 9212000 460600 460600 460600
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 256807622 12128144 12128144 12128144
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
CISCO SYS INC COMMON 17275R102 23645250 372000 372000 372000
CITIGROUP INC COMMON 172967101 46012684 763696 763696 763696
CLICK2LEARN COM INC COMMON 18681S106 16900119 958872 958872 958872
COGNIZANT TECHNOLOGY SOL COMMON 192446102 6079950 183200 183200 183200
COLUMBIA SPORTSWEAR CO COMMON 198516106 5255379 195549 195549 195549
COMCAST CORP COMMON 200300200 35842500 885000 885000 885000
COMERICA INC COMMON 200340107 3634875 81000 81000 81000
COMMSCOPE INC COMMON 203372107 4633000 113000 113000 113000
COMPAQ COMPUTER CORP COMMON 204493100 27973683 1094325 1094325 1094325
COMPUTER ASSOC INTL INC COMMON 204912109 38572341 753550 753550 753550
COMSAT CORP COMMON 20564D107 3008000 128000 128000 128000
CORIXA CORP COMMON 21887F100 39066899 909855 909855 909855
COSTCO WHSL CORP NEW COMMON 22160K105 6615180 200460 200460 200460
COVANCE INC COMMON 222816100 2969813 337000 337000 337000
CRANE CO COMMON 224399105 2556459 105150 105150 105150
CREDENCE SYS CORP COMMON 225302108 16150070 292640 292640 292640
CREDENCE SYS CORP BND CV 225302AC2 3782600 2000000 2000000 2000000
CUTTER & BUCK INC COMMON 232217109 11761351 1481745 1481745 1481745
DENDREON CORP COMMON 24823Q107 5175781 312500 312500 312500
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 299635934 11167542 11167542 11167542
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
DENTSPLY INTL INC NEW COMMON 249030107 2465000 80000 80000 80000
DIEBOLD INC COMMON 253651103 4427944 158850 158850 158850
DISNEY WALT CO COMMON 254687106 21929063 565000 565000 565000
DUN & BRADSTREET CORP DE COMMON 26483B106 12433269 434350 434350 434350
DURA PHARMACEUTICALS INC BND CV 26632SAA7 2257500 2800000 2800000 2800000
DUSA PHARMACEUTICALS INC COMMON 266898105 6519500 221000 221000 221000
E M C CORP MASS COMMON 268648102 33698625 438000 438000 438000
EDWARDS AG INC COMMON 281760108 2652000 68000 68000 68000
ELECTRO SCIENTIFIC INDS COMMON 285229100 13441860 305280 305280 305280
ELECTRONICS FOR IMAGING COMMON 286082102 4100625 162000 162000 162000
EMISPHERE TECHNOLOGIES I COMMON 291345106 4687031 110000 110000 110000
ENGELHARD CORP COMMON 292845104 1218263 71400 71400 71400
ENRON CORP COMMON 293561106 24561600 380800 380800 380800
EPITOPE INC COMMON 294261102 9975625 725500 725500 725500
ESSEX PPTY TR INC COMMON 297178105 1764000 42000 42000 42000
EXPEDITORS INTL WASH INC COMMON 302130109 20167503 424579 424579 424579
EXPRESS SCRIPTS INC COMMON 302182100 4100250 66000 66000 66000
EXXON MOBIL CORP COMMON 30231G102 28535221 363506 363506 363506
FEI CO COMMON 30241L109 47605468 1560835 1560835 1560835
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 246540345 8977100 8977100 8977100
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
FLIR SYS INC COMMON 302445101 648440 99760 99760 99760
FEDERAL HOME LN MTG CORP COMMON 313400301 30172500 745000 745000 745000
FEDERAL MOGUL CORP COMMON 313549107 10996875 1150000 1150000 1150000
FEDERAL NATL MTG ASSN COMMON 313586109 2820734 54050 54050 54050
FEDERAL SIGNAL CORP COMMON 313855108 3597000 218000 218000 218000
F5 NETWORKS INC COMMON 315616102 10148625 186000 186000 186000
FINOVA GROUP INC COMMON 317928109 1162200 89400 89400 89400
FIRST CONSULTING GROUP I COMMON 31986R103 6047394 1087172 1087172 1087172
FIRST DATA CORP COMMON 319963104 16291888 328300 328300 328300
FIRST ST BANCORPORATION COMMON 336453105 917903 89551 89551 89551
FIRST UN CORP COMMON 337358105 23100438 931000 931000 931000
FIRST WASH BANCORP INC W COMMON 33748T104 6637456 476230 476230 476230
FORT JAMES CORP COMMON 347471104 2420031 104650 104650 104650
FOUNDATION HEALTH SYS IN COMMON 350404109 19954220 1534940 1534940 1534940
FRANCHISE FIN CORP AMER COMMON 351807102 1848625 80375 80375 80375
FRANKLIN RES INC COMMON 354613101 1944000 64000 64000 64000
GENERAL COMMUNICATION IN COMMON 369385109 1090164 212715 212715 212715
GENERAL DYNAMICS CORP COMMON 369550108 2513225 48100 48100 48100
GENERAL ELEC CO COMMON 369604103 29669400 559800 559800 559800
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 171981118 8059043 8059043 8059043
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
GETTY IMAGES INC COMMON 374276103 16655888 449400 449400 449400
GLOBAL CROSSING 144A PFD CV 37932J301 1150400 6400 6400 6400
GRAINGER W W INC COMMON 384802104 844263 27400 27400 27400
GRANDETEL TECHNOLOGIES COMMON 386560205 0 16498 16498 16498
GREENBRIER COS INC COMMON 393657101 7724658 1065470 1065470 1065470
HMT TECHNOLOGY CORP BND CV 403917AD9 921250 2750000 2750000 2750000
HCA-HEALTHCARE CO COMMON 404119109 1899956 62550 62550 62550
HIH CAP LTD BND CV 404193AA2 604500 1300000 1300000 1300000
HALLIBURTON CO COMMON 406216101 31285313 663000 663000 663000
HANCOCK JOHN FINL SVCS I COMMON 41014S106 525863 22200 22200 22200
HANOVER COMPRESSOR CO COMMON 410768105 10609220 279190 279190 279190
HARCOURT GEN INC COMMON 41163G101 2387063 43900 43900 43900
HEALTH CARE PPTY INVS IN COMMON 421915109 7300275 267900 267900 267900
HEALTHSOUTH CORP COMMON 421924101 1541359 214450 214450 214450
HEALTHSOUTH CORP BND CV 421924AF8 189600 240000 240000 240000
HELLER FINANCIAL INC COMMON 423328103 6638638 323836 323836 323836
HERSHEY FOODS CORP COMMON 427866108 3783000 78000 78000 78000
HEWLETT PACKARD CO COMMON 428236103 32111606 257150 257150 257150
HOLLYWOOD ENTMT CORP COMMON 436141105 14229338 1806900 1806900 1806900
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 140402187 9874244 9874244 9874244
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
HONEYWELL INTL INC COMMON 438516106 17700255 525425 525425 525425
HORIZON BANK COMMON 44041F105 90000 10000 10000 10000
HOSPITALITY PPTYS TR COMMON 44106M102 1932478 85650 85650 85650
HOUGHTON MIFFLIN CO COMMON 441560109 4388625 94000 94000 94000
HUNTINGDON LIFE SCIENCES COMMON 445891203 637244 784300 784300 784300
ICN PHARMACEUTICALS INC COMMON 448924100 3615625 130000 130000 130000
ICOS CORP COMMON 449295104 18386940 417885 417885 417885
IMS HEALTH INC COMMON 449934108 1951200 108400 108400 108400
IMMUNEX CORP NEW COMMON 452528102 6158429 124570 124570 124570
INCYTE GENOMICS INC COMMON 45337C102 12903438 157000 157000 157000
INFOCUS CORP COMMON 45665B106 21385922 664417 664417 664417
INTEL CORP COMMON 458140100 50963680 381215 381215 381215
INTERNATIONAL BUSINESS M COMMON 459200101 29160059 266150 266150 266150
INTERWEST BANCORP INC COMMON 460931108 4299750 307125 307125 307125
INTIMATE BRANDS INC COMMON 461156101 29079110 1472360 1472360 1472360
INTRAWARE INC COMMON 46118M103 9557188 595000 595000 595000
J JILL GROUP INC COMMON 466189107 7103850 1092900 1092900 1092900
JOHNSON & JOHNSON COMMON 478160104 25904266 254275 254275 254275
JONES APPAREL GROUP INC COMMON 480074103 1974000 84000 84000 84000
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 247192058 7554672 7554672 7554672
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
K2 INC COMMON 482732104 15666951 1884746 1884746 1884746
KEYCORP NEW COMMON 493267108 7758525 440200 440200 440200
KIMBERLY CLARK CORP COMMON 494368103 21957413 382700 382700 382700
KROGER CO COMMON 501044101 80675172 3656665 3656665 3656665
LATITUDE COMMUNICATIONS COMMON 518292107 7305438 653000 653000 653000
LATTICE SEMICONDUCTOR CO COMMON 518415104 23193511 335530 335530 335530
LIMITED INC COMMON 532716107 2400375 111000 111000 111000
LITTON INDS INC COMMON 538021106 3528000 84000 84000 84000
LIZ CLAIBORNE INC COMMON 539320101 2203125 62500 62500 62500
LOUISIANA PAC CORP COMMON 546347105 11972288 1100900 1100900 1100900
LUCENT TECHNOLOGIES INC COMMON 549463107 20026500 338000 338000 338000
MGIC INVT CORP WIS COMMON 552848103 4215575 92650 92650 92650
MADE2MANAGE SYS INC COMMON 556466100 2685926 477498 477498 477498
MATTEL INC COMMON 577081102 26226311 1988725 1988725 1988725
MAY DEPT STORES CO COMMON 577778103 3309600 137900 137900 137900
MEDICAL CARE INTL INC BND CV 584505AC5 3586430 4321000 4321000 4321000
MELLON FINL CORP COMMON 58551A108 26373463 723800 723800 723800
MENTOR GRAPHICS CORP COMMON 587200106 7753734 390125 390125 390125
MERCK & CO INC COMMON 589331107 17202313 224500 224500 224500
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 288040648 17405439 17405439 17405439
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
MERRILL LYNCH & CO INC COMMON 590188108 9085000 79000 79000 79000
METRO ONE TELECOMMUNICAT COMMON 59163F105 6841726 544615 544615 544615
MICROSOFT CORP COMMON 594918104 51044360 638054 638054 638054
MICROVISION INC WASH COMMON 594960106 17966830 366670 366670 366670
MICROCHIP TECHNOLOGY INC COMMON 595017104 3903797 67000 67000 67000
MICRON TECHNOLOGY INC COMMON 595112103 11120533 126280 126280 126280
MONACO COACH CORP COMMON 60886R103 19490726 1430512 1430512 1430512
MYLAN LABS INC COMMON 628530107 32439375 1777500 1777500 1777500
NATIONWIDE HEALTH PPTYS COMMON 638620104 6717875 482000 482000 482000
NEORX CORP COMMON 640520300 14741375 781000 781000 781000
NETWORKS ASSOCS INC BND CV 640938AB2 5739776 16341000 16341000 16341000
NETIQ CORP COMMON 64115P102 12523128 210031 210031 210031
NEWS CORP LTD COMMON 652487703 1635000 30000 30000 30000
NEWS CORP LTD COMMON 652487802 25650000 540000 540000 540000
NIKE INC COMMON 654106103 12283550 308535 308535 308535
NORDSTROM INC COMMON 655664100 2858692 118495 118495 118495
NOVOSTE CORP COMMON 67010C100 6807600 111600 111600 111600
NVIDIA CORP COMMON 67066G104 6102000 96000 96000 96000
OCEAN ENERGY INC TEX COMMON 67481E106 1645750 116000 116000 116000
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 248597092 24164293 24164293 24164293
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
OMNICARE INC BND CV 681904AD0 1439900 1870000 1870000 1870000
ONYX SOFTWARE CORP COMMON 683402101 18352813 618200 618200 618200
ORACLE CORP COMMON 68389X105 29472313 350600 350600 350600
ORBITAL SCIENCES CORP BND CV 685564AC0 1380000 2000000 2000000 2000000
OREGON STL MLS INC COMMON 686079104 2821736 1456380 1456380 1456380
PMI GROUP INC COMMON 69344M101 3895000 82000 82000 82000
PACCAR INC COMMON 693718108 12239427 308395 308395 308395
PACIFICARE HEALTH SYS DE COMMON 695112102 48816938 811081 811081 811081
PAPA JOHNS INTL INC COMMON 698813102 1862000 76000 76000 76000
PENNEY J C INC COMMON 708160106 6268750 340000 340000 340000
PEOPLESOFT INC COMMON 712713106 4807250 287000 287000 287000
PEPSICO INC COMMON 713448108 30417469 684500 684500 684500
PEREGRINE SYSTEMS INC COMMON 71366Q101 17065235 491970 491970 491970
PHARMACYCLICS INC COMMON 716933106 7850700 128700 128700 128700
PFIZER INC COMMON 717081103 15888000 331000 331000 331000
PHILIP MORRIS COS INC COMMON 718154107 1765078 66450 66450 66450
PHYCOR INC BND CV 71940FAB6 1200000 5000000 5000000 5000000
PIXELWORKS INC COMMON 72581M107 7507500 330000 330000 330000
PRECISION CASTPARTS CORP COMMON 740189105 8743431 193225 193225 193225
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 221793539 15425501 15425501 15425501
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
PRICE T ROWE & ASSOCIATE COMMON 741477103 2677500 63000 63000 63000
PRIMUS KNOWLEDGE SOLUTIO COMMON 74163Q100 9490500 210900 210900 210900
PROCTER & GAMBLE CO COMMON 742718109 17320988 302550 302550 302550
PROVIDIAN FINL CORP COMMON 74406A102 16339500 181550 181550 181550
PSINET INC PFD CV 74437C309 1898794 38850 38850 38850
RADISYS CORP COMMON 750459109 33479379 589945 589945 589945
RALSTON PURINA CO COMMON 751277302 1933938 97000 97000 97000
RAYTHEON CO COMMON 755111408 28278250 1469000 1469000 1469000
REPSOL S A COMMON 76026T205 3164056 159700 159700 159700
REPUBLIC SVCS INC COMMON 760759100 6971200 435700 435700 435700
ROCKEFELLER CENTER PROP BND CV 773102AA6 1240313 1750000 1750000 1750000
ROYAL DUTCH PETE CO COMMON 780257804 16615719 269900 269900 269900
SBC COMMUNICATIONS INC COMMON 78387G103 17863333 413025 413025 413025
S3 INC BND CV 784849AC5 3686375 3850000 3850000 3850000
SAFECO CORP COMMON 786429100 1907205 95960 95960 95960
SARA LEE CORP COMMON 803111103 15345713 794600 794600 794600
SCHNITZER STL INDS COMMON 806882106 7872254 495890 495890 495890
SEMITOOL INC COMMON 816909105 8739350 504800 504800 504800
SENSORMATIC ELECTRS CORP COMMON 817265101 3557813 225000 225000 225000
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 198382177 11947370 11947370 11947370
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
SHIRE PHARMACEUTICALS GR COMMON 82481R106 11393669 219637 219637 219637
SHURGARD STORAGE CTRS IN COMMON 82567D104 4396500 195400 195400 195400
SIMON PPTY GROUP INC NEW COMMON 828806109 1562000 70400 70400 70400
SIRIUS SATELLITE RADIO I COMMON 82966U103 6677894 150700 150700 150700
SONOSITE INC COMMON 83568G104 25201372 874668 874668 874668
SPRINT CORP COMMON 852061100 27820500 545500 545500 545500
STANCORP FINL GROUP INC COMMON 852891100 9377769 291915 291915 291915
STARBUCKS CORP COMMON 855244109 5028721 131685 131685 131685
STARWOOD HOTELS&RESORTS COMMON 85590A203 2119819 65100 65100 65100
STERLING FINL CORP WASH COMMON 859319105 1499830 130420 130420 130420
STORAGE USA INC COMMON 861907103 1845225 62550 62550 62550
SUIZA FOODS CORP COMMON 865077101 3421250 70000 70000 70000
SUNBURST HOSPITALITY COR COMMON 866948102 338138 76200 76200 76200
SUNBEAM CORP BND CV 867071AD4 2031750 12900000 12900000 12900000
SUPERVALU INC COMMON 868536103 2304656 120900 120900 120900
SYKES ENTERPRISES INC COMMON 871237103 3476250 270000 270000 270000
SYNOPSYS INC COMMON 871607107 2937813 85000 85000 85000
SYSTEMS & COMPUTER TECHN COMMON 871873105 3360000 168000 168000 168000
TCF FINL CORP COMMON 872275102 3519188 137000 137000 137000
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 118312343 16565075 16565075 16565075
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
TARGET CORP COMMON 87612E106 22939000 395500 395500 395500
TAUBMAN CTRS INC COMMON 876664103 1270500 115500 115500 115500
TEKTRONIX INC COMMON 879131100 9002840 121660 121660 121660
TELEFLEX INC COMMON 879369106 3181750 89000 89000 89000
TOTAL ACCESS COMM BND CV 8904FAA71 1208400 1060000 1060000 1060000
TOSCO CORP COMMON 891490302 21787884 769550 769550 769550
TRICON GLOBAL RESTAURANT COMMON 895953107 19888000 704000 704000 704000
TRIQUINT SEMICONDUCTOR I COMMON 89674K103 762629 7970 7970 7970
TYCO INTL LTD NEW COMMON 902124106 67746250 1430000 1430000 1430000
US BANCORP DEL COMMON 902973106 12090790 628093 628093 628093
ULTRAMAR DIAMOND SHAMROC COMMON 904000106 1632663 65800 65800 65800
UNITED STATES CELLULAR C COMMON 911684108 3465000 55000 55000 55000
UNITEDHEALTH GROUP INC COMMON 91324P102 2769725 32300 32300 32300
UNOCAL CORP COMMON 915289102 16264375 491000 491000 491000
VALERO ENERGY CORP NEW COMMON 91913Y100 2460625 77500 77500 77500
VETERINARY CTRS AMER INC BND CV 925514AB7 9374489 11065000 11065000 11065000
VIACOM INC COMMON 925524100 20539850 300400 300400 300400
WAL MART STORES INC COMMON 931142103 11064000 192000 192000 192000
WARNACO GROUP INC COMMON 934390105 1656175 213700 213700 213700
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 229104946 17813973 17813973 17813973
</TABLE>
<PAGE>
<TABLE>
FORM 13F 6/30/00
REPORTING MANAGER; WM ADVISORS, INC.
------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5 ITEM 6 ITEM 7 ITEM 8
<S> <C>
NAME OF ISSUER TITLE CUSIP FAIR SHARES OR INVESTMENT DISCRETION MANA- VOTING AUTHORITY
OF NUMBER MARKET PRINCIPAL SHARED GERS
CLASS VALUE AMOUNT SOLE SHARED OTHER SOLE SHARED NONE
(A) (B) (C) (A) (B) (C)
------------------------------------------------------------------------------------------------------------------------------
WASHINGTON FED INC COMMON 938824109 15066070 825538 825538 825538
WASTE MGMT INC DEL COMMON 94106L109 17640835 928465 928465 928465
WASTE MGMT INC DEL BND CV 94106LAA7 9600500 10550000 10550000 10550000
WELLS FARGO & CO NEW COMMON 949746101 63054046 1627201 1627201 1627201
WESTCOAST HOSPITALITY CO COMMON 95750P106 11770052 1681436 1681436 1681436
WEYERHAEUSER CO COMMON 962166104 5767805 134135 134135 134135
WILLAMETTE INDS INC COMMON 969133107 4247049 155855 155855 155855
WINSTAR COMMUNICATIONS I PFD CV 975515867 2505781 1975 1975 1975
WORLDCOM INC GA NEW COMMON 98157D106 32341875 705000 705000 705000
ZAPME CORP COMMON 98912E100 4335925 1576700 1576700 1576700
LORAL SPACE & COMMUNICAT PFD CV G56462149 892400 38800 38800 38800
GILAT SATELLITE NETWORKS COMMON M51474100 12244688 176500 176500 176500
SSANGYONG OIL BND CV Y8147HAA0 1636023 1415000 1415000 1415000
--------- --------- --------- --------- --------- --------- --------- ---------
COLUMN TOTALS 181103049 19816605 19816605 19816605
--------- --------- --------- --------- --------- --------- --------- ---------
REPORT TOTALS 3372724699 207729184 207729184 207729184
========= ========= ========= ========= ========= ========= =========
</TABLE>
