SHEPHERD STREET FUNDS INC
NSAR-A, 1999-06-11
Previous: SKECHERS USA INC, 424B4, 1999-06-11
Next: EL PASO ENERGY CORP/DE, 8-K, 1999-06-11



<PAGE>      PAGE  1
000 A000000 03/31/99
000 C000000 0001066081
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 THE SHEPHERD STREET FUNDS, INC.
001 B000000 811-08883
001 C000000 8888754800
002 A000000 480 SHEPHERD STREET
002 B000000 WINSTON-SALEM
002 C000000 NC
002 D010000 27103
003  000000 Y
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 THE SHEPHERD STREET FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 SALEM INVESTMENT COUNSELORS, INC.
008 B00AA01 A
008 C00AA01 801-14487
008 D01AA01 WINSTON-SALEM
008 D02AA01 NC
008 D03AA01 27103
010 A00AA01 DECLARATION SERVICE COMPANY\
010 B00AA01 84-1737
010 C01AA01 CONSHOHOCKEN
010 C02AA01 PA
010 C03AA01 19428
011 A00AA01 DECLARATION DISTRIBUTORS, INC.
011 B00AA01 8-41590
011 C01AA01 CONSHOHOCKEN
011 C02AA01 PA
011 C03AA01 19428
012 A00AA01 DECLARATION SERVICE COMPANY
<PAGE>      PAGE  2
012 B00AA01 84-1737
012 C01AA01 CONSHOHOCKEN
012 C02AA01 PA
012 C03AA01 19428
013 A00AA01 TAIT,WELLER & BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
015 A00AA01 FIRST UNION NATIONAL BANK
015 B00AA01 C
015 C01AA01 PHILADELPHIA
015 C02AA01 PA
015 C03AA01 19103
015 E01AA01 X
018  00AA00 N
019 A00AA00 N
019 B00AA00    0
020 A000001 LEHMAN BROTHERS
020 B000001 13-2518466
020 C000001      4
020 A000002 DONALDSON LUFKIN JENRETTE
020 B000002 13-2741729
020 C000002      1
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        5
022 A000001 FIRST UNION BANK
022 C000001      4309
022 D000001      4121
022 A000002 LEHMAN BROTHERS
022 B000002 13-2518466
022 C000002       498
022 D000002        43
022 A000003 MERRILL LYNCH
022 B000003 13-2629351
022 C000003       948
022 D000003        84
022 A000004 MARLEAU LEMIRE
022 C000004       399
022 D000004         0
022 A000005 DONALDSON LUFKIN JENRETTE
022 B000005 13-2741729
022 C000005       291
022 D000005       104
022 A000006 SEI INVESTMENT CO
<PAGE>      PAGE  3
022 C000006       235
022 D000006       190
022 A000007 SCOTT & STRINGFELLOW
022 B000007 54-0957557
022 C000007       126
022 D000007         0
022 C000008         0
022 D000008         0
022 C000009         0
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000       6807
023 D000000       4542
024  00AA00 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
028 A01AA00       237
028 A02AA00         0
028 A03AA00       237
028 A04AA00         0
028 B01AA00       274
028 B02AA00         0
028 B03AA00       274
028 B04AA00         0
028 C01AA00       494
028 C02AA00         0
028 C03AA00       494
028 C04AA00         0
028 D01AA00      1280
028 D02AA00         0
028 D03AA00      1280
028 D04AA00         0
028 E01AA00       755
028 E02AA00         0
028 E03AA00       755
028 E04AA00         0
028 F01AA00       790
028 F02AA00         0
028 F03AA00       790
028 F04AA00        21
028 G01AA00      3830
028 G02AA00         0
<PAGE>      PAGE  4
028 G03AA00      3830
028 G04AA00        21
028 H00AA00         0
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 Y
041  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
045  00AA00 Y
046  00AA00 N
047  00AA00 Y
048  00AA00  0.400
048 A01AA00        0
048 A02AA00 0.000
048 B01AA00        0
048 B02AA00 0.000
048 C01AA00        0
048 C02AA00 0.000
048 D01AA00        0
048 D02AA00 0.000
048 E01AA00        0
048 E02AA00 0.000
048 F01AA00        0
048 F02AA00 0.000
048 G01AA00        0
048 G02AA00 0.000
048 H01AA00        0
048 H02AA00 0.000
048 I01AA00        0
048 I02AA00 0.000
048 J01AA00        0
048 J02AA00 0.000
048 K01AA00        0
048 K02AA00 0.000
<PAGE>      PAGE  5
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00     1000
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
062 N00AA00   0.0
062 O00AA00   0.0
062 P00AA00   0.0
062 Q00AA00   0.0
062 R00AA00   0.0
066 A00AA00 Y
066 B00AA00 N
<PAGE>      PAGE  6
066 C00AA00 N
066 D00AA00 Y
066 E00AA00 N
066 F00AA00 N
066 G00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 Y
070 B02AA00 N
070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 Y
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 N
070 G01AA00 Y
070 G02AA00 N
070 H01AA00 Y
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
071 A00AA00      4208
071 B00AA00       458
071 C00AA00      1456
071 D00AA00   31
072 A00AA00  6
072 B00AA00        5
<PAGE>      PAGE  7
072 C00AA00       11
072 D00AA00        0
072 E00AA00        0
072 F00AA00        3
072 G00AA00        4
072 H00AA00        0
072 I00AA00        0
072 J00AA00        0
072 K00AA00        0
072 L00AA00        0
072 M00AA00        0
072 N00AA00        0
072 O00AA00        0
072 P00AA00        0
072 Q00AA00        0
072 R00AA00        0
072 S00AA00        0
072 T00AA00        2
072 U00AA00        0
072 V00AA00        0
072 W00AA00        0
072 X00AA00        9
072 Y00AA00        0
072 Z00AA00        7
072AA00AA00       78
072BB00AA00        0
072CC01AA00        0
072CC02AA00        7
072DD01AA00        0
072DD02AA00        0
072EE00AA00        0
073 A01AA00   0.0000
073 A02AA00   0.0000
073 B00AA00   0.0000
073 C00AA00   0.0000
074 A00AA00        0
074 B00AA00        0
074 C00AA00        0
074 D00AA00        0
074 E00AA00        0
074 F00AA00     4053
074 G00AA00        0
074 H00AA00        0
074 I00AA00        0
074 J00AA00        0
074 K00AA00        0
074 L00AA00       16
074 M00AA00        0
074 N00AA00     4069
074 O00AA00      177
074 P00AA00        0
<PAGE>      PAGE  8
074 Q00AA00        0
074 R01AA00        0
074 R02AA00        0
074 R03AA00        0
074 R04AA00        6
074 S00AA00        0
074 T00AA00     3886
074 U01AA00      322
074 U02AA00        0
074 V01AA00    12.08
074 V02AA00     0.00
074 W00AA00   0.0000
074 X00AA00      118
074 Y00AA00        0
075 A00AA00        0
075 B00AA00     1521
076  00AA00     0.00
077 A000000 N
SIGNATURE   DAVID B. REA
TITLE       PRESIDENT


<TABLE> <S> <C>

<ARTICLE>                     6

<S>                           <C>
<PERIOD-TYPE>                 6-MOS
<FISCAL-YEAR-END>                 SEP-30-1999
<PERIOD-START>                    OCT-01-1998
<PERIOD-END>                      MAR-31-1999
<INVESTMENTS-AT-COST>               4,060,799
<INVESTMENTS-AT-VALUE>              4,053,354
<RECEIVABLES>                          15,386
<ASSETS-OTHER>                              0
<OTHER-ITEMS-ASSETS>                        0
<TOTAL-ASSETS>                      4,068,740
<PAYABLE-FOR-SECURITIES>              176,448
<SENIOR-LONG-TERM-DEBT>                     0
<OTHER-ITEMS-LIABILITIES>               6,165
<TOTAL-LIABILITIES>                   182,613
<SENIOR-EQUITY>                             0
<PAID-IN-CAPITAL-COMMON>            3,809,072
<SHARES-COMMON-STOCK>                 321,637
<SHARES-COMMON-PRIOR>                       0
<ACCUMULATED-NII-CURRENT>               6,777
<OVERDISTRIBUTION-NII>                      0
<ACCUMULATED-NET-GAINS>                77,723
<OVERDISTRIBUTION-GAINS>                    0
<ACCUM-APPREC-OR-DEPREC>                7,445
<NET-ASSETS>                        3,886,127
<DIVIDEND-INCOME>                      11,409
<INTEREST-INCOME>                       4,668
<OTHER-INCOME>                              0
<EXPENSES-NET>                          9,300
<NET-INVESTMENT-INCOME>                 6,777
<REALIZED-GAINS-CURRENT>               77,723
<APPREC-INCREASE-CURRENT>              (7,445)
<NET-CHANGE-FROM-OPS>                  77,055
<EQUALIZATION>                              0
<DISTRIBUTIONS-OF-INCOME>                   0
<DISTRIBUTIONS-OF-GAINS>                    0
<DISTRIBUTIONS-OTHER>                       0
<NUMBER-OF-SHARES-SOLD>               323,367
<NUMBER-OF-SHARES-REDEEMED>             1,730
<SHARES-REINVESTED>                         0
<NET-CHANGE-IN-ASSETS>              3,886,127
<ACCUMULATED-NII-PRIOR>                     0
<ACCUMULATED-GAINS-PRIOR>                   0
<OVERDISTRIB-NII-PRIOR>                     0
<OVERDIST-NET-GAINS-PRIOR>                  0
<GROSS-ADVISORY-FEES>                   2,976
<INTEREST-EXPENSE>                          0
<GROSS-EXPENSE>                         9,300
<AVERAGE-NET-ASSETS>                1,521,292
<PER-SHARE-NAV-BEGIN>                   10.00
<PER-SHARE-NII>                          0.02
<PER-SHARE-GAIN-APPREC>                  2.06
<PER-SHARE-DIVIDEND>                        0
<PER-SHARE-DISTRIBUTIONS>                   0
<RETURNS-OF-CAPITAL>                        0
<PER-SHARE-NAV-END>                     12.08
<EXPENSE-RATIO>                          1.25


</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission