<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 0000217420
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 UNITED FUNDS, INC.
001 B000000 811-2552
001 C000000 9132362000
002 A000000 6300 LAMAR AVENUE P.O. BOX 29217
002 B000000 SHAWNEE MISSION
002 C000000 KS
002 D010000 66201
002 D020000 9217
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 4
007 C010100 1
007 C020100 UNITED INCOME FUND
007 C030100 N
007 C010200 2
007 C020200 UNITED ACCUMULATIVE FUND
007 C030200 N
007 C010300 3
007 C020300 UNITED SCIENCE AND TECHNOLOGY FUND
007 C030300 N
007 C010400 4
007 C020400 UNITED BOND FUND
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 WADDELL & REED INVESTMENT MANAGEMENT COMPANY
008 B00AA01 A
008 C00AA01 801-40372
008 D01AA01 OVERLAND PARK
008 D02AA01 KS
008 D03AA01 66202
008 D04AA01 4200
010 A00AA01 WADDELL & REED SERVICES COMPANY
010 B00AA01 84-1062
010 C01AA01 OVERLAND PARK
<PAGE> PAGE 2
010 C02AA01 KS
010 C03AA01 66202
010 C04AA01 4200
011 A00AA01 WADDELL & REED, INC.
011 B00AA01 8-15372
011 C01AA01 OVERLAND PARK
011 C02AA01 KS
011 C03AA01 66202
011 C04AA01 4200
012 A00AA01 WADDELL & REED SERVICES COMPANY
012 B00AA01 84-1062
012 C01AA01 OVERLAND PARK
012 C02AA01 KS
012 C03AA01 66202
012 C04AA01 4200
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 KANSAS CITY
013 B02AA01 MO
013 B03AA01 64106
013 B04AA01 2232
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 34
019 C00AA00 UNITDGROUP
020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000001 13-5674085
020 C000001 464
020 A000002 BEAR, STEARNS & CO., INC.
020 B000002 13-3299429
020 C000002 417
020 A000003 SALOMON BROTHERS INC.
020 B000003 13-3082694
020 C000003 293
020 A000004 PAINEWEBBER INCORPORATED
020 B000004 13-2638166
020 C000004 292
020 A000005 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
020 B000005 13-2741729
020 C000005 272
020 A000006 MORGAN STANLEY & CO. INCORPORATED
020 B000006 13-2655998
020 C000006 271
020 A000007 BRIDGE INFORMATION SYSTEMS, INC.
020 C000007 246
020 A000008 GOLDMAN, SACHS & CO.
020 B000008 13-5108880
020 C000008 224
020 A000009 AUTRANET, INC.
020 B000009 13-2961507
020 C000009 218
020 A000010 INSTINET CORPORATION
<PAGE> PAGE 3
020 B000010 13-3443395
020 C000010 206
021 000000 6522
022 A000001 GOLDMAN, SACHS & CO.
022 B000001 13-5108880
022 C000001 912746
022 D000001 309970
022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000002 13-5674085
022 C000002 682391
022 D000002 351032
022 A000003 LEHMAN BROTHERS INC.
022 B000003 13-2518466
022 C000003 424531
022 D000003 127261
022 A000004 MORGAN (J.P.) SECURITIES INC.
022 B000004 13-3224016
022 C000004 362582
022 D000004 150243
022 A000005 CREDIT SUISSE FIRST BOSTON CORPORATION (THE)
022 B000005 13-5659485
022 C000005 300144
022 D000005 115445
022 A000006 MORGAN STANLEY & CO. INCORPORATED
022 B000006 13-2655998
022 C000006 173189
022 D000006 129812
022 A000007 BA SECURITIES, INC.
022 B000007 95-4035346
022 C000007 200678
022 D000007 97082
022 A000008 U.S. BANCORP
022 C000008 109934
022 D000008 113055
022 A000009 GENERAL MILLS, INC.
022 C000009 110333
022 D000009 105966
022 A000010 SMITH BARNEY INC.
022 B000010 13-1912900
022 C000010 66530
022 D000010 115841
023 C000000 4152997
023 D000000 2104342
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
<PAGE> PAGE 4
026 H000000 Y
027 000000 Y
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
045 00AA00 Y
046 00AA00 N
047 00AA00 N
048 00AA00 0.000
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
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 Y
053 A00AA00 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
<PAGE> PAGE 5
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 50
077 A000000 Y
077 B000000 N
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 C00AA00 0
081 B00AA00 0
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
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
015 A000101 UMB BANK, N.A.
015 B000101 C
015 C010101 KANSAS CITY
015 C020101 MO
015 C030101 64141
015 C040101 6226
015 E010101 X
015 A000102 BROWN BROTHERS HARRIMAN & CO.
015 B000102 S
015 C010102 BOSTON
015 C020102 MA
015 C030102 02109
015 E010102 X
015 A000103 SKANDINAVISKA ENSKILDA BANKEN
015 B000103 S
015 C010103 STOCKHOLM
015 D010103 SWEDEN
015 E040103 X
015 A000104 UNION BANK OF SWITZERLAND
015 B000104 S
015 C010104 ZURICH
015 D010104 SWITZERLAND
015 E040104 X
015 A000105 DELETE
015 A000106 MIDLAND BANK PLC
015 B000106 S
015 C010106 LONDON
015 D010106 ENGLAND
015 E040106 X
015 A000107 UNITED MISSOURI TRUST COMPANY OF NEW YORK
015 B000107 S
015 C010107 NEW YORK
015 C020107 NY
015 C030107 10004
015 E010107 X
015 A000108 CITIBANK MEXICO
015 B000108 S
015 C010108 MEXICO CITY
015 D010108 MEXICO
015 E040108 X
015 A000109 UNION BANK OF FINLAND
015 B000109 S
015 C010109 HELSINKI
015 D010109 FINLAND
015 E040109 X
015 A000110 DEUTSCHE BANK AG
015 B000110 S
015 C010110 FRANKFURT
015 D010110 GERMANY
015 E040110 X
024 000100 N
<PAGE> PAGE 7
025 D000101 0
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 61766
028 A020100 0
028 A030100 0
028 A040100 53478
028 B010100 83595
028 B020100 0
028 B030100 0
028 B040100 75735
028 C010100 72409
028 C020100 9932
028 C030100 0
028 C040100 66541
028 D010100 143815
028 D020100 0
028 D030100 0
028 D040100 77677
028 E010100 44261
028 E020100 0
028 E030100 0
028 E040100 49217
028 F010100 78544
028 F020100 10197
028 F030100 0
028 F040100 68365
028 G010100 484390
028 G020100 20129
028 G030100 0
028 G040100 391013
028 H000100 206695
029 000100 Y
030 A000100 9795
030 B000100 5.75
030 C000100 0.00
031 A000100 4139
031 B000100 0
032 000100 0
033 000100 5656
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
<PAGE> PAGE 8
042 G000100 0
042 H000100 0
043 000100 3579
044 000100 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 N
066 E000100 N
066 F000100 Y
066 G000100 N
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
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
<PAGE> PAGE 9
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 808979
071 B000100 740230
071 C000100 5305828
071 D000100 14
072 A000100 6
072 B000100 8951
072 C000100 36883
072 D000100 0
072 E000100 0
072 F000100 14935
072 G000100 50
072 H000100 0
072 I000100 3577
072 J000100 183
072 K000100 0
072 L000100 0
072 M000100 98
072 N000100 202
072 O000100 1
072 P000100 0
072 Q000100 0
072 R000100 12
072 S000100 43
072 T000100 3579
072 U000100 0
072 V000100 0
072 W000100 190
072 X000100 22870
072 Y000100 0
072 Z000100 22964
072AA000100 282774
<PAGE> PAGE 10
072BB000100 32643
072CC010100 748405
072CC020100 0
072DD010100 20750
072DD020100 930
072EE000100 0
073 A010100 0.1400
073 A020100 0.1610
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 149055
074 D000100 142777
074 E000100 0
074 F000100 5826324
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 2080
074 K000100 12001
074 L000100 6568
074 M000100 40
074 N000100 6138845
074 O000100 7812
074 P000100 2270
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 13673
074 S000100 0
074 T000100 6115090
074 U010100 148354
074 U020100 6943
074 V010100 39.38
074 V020100 39.38
074 W000100 0.0000
074 X000100 345610
074 Y000100 0
075 A000100 0
075 B000100 5466855
076 000100 0.00
015 A000201 UMB BANK, N.A.
015 B000201 C
015 C010201 KANSAS CITY
015 C020201 MO
015 C030201 64141
015 C040201 6226
015 E010201 X
015 A000202 UNITED MISSOURI TRUST COMPANY OF NEW YORK
<PAGE> PAGE 11
015 B000202 S
015 C010202 NEW YORK
015 C020202 NY
015 C030202 10004
015 E010202 X
015 A000203 DELETE
015 A000204 DELETE
024 000200 Y
025 A000201 DELETE
025 D000201 0
025 A000202 PAINEWEBBER GROUP INC.
025 C000202 E
025 D000202 11375
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 4195
028 A020200 0
028 A030200 0
028 A040200 10093
028 B010200 4934
028 B020200 0
028 B030200 0
028 B040200 9953
028 C010200 5436
028 C020200 0
028 C030200 0
028 C040200 9148
028 D010200 6288
028 D020200 0
028 D030200 0
028 D040200 10595
028 E010200 5568
028 E020200 0
028 E030200 0
028 E040200 9224
028 F010200 6294
028 F020200 6010
028 F030200 0
028 F040200 9411
028 G010200 32715
028 G020200 6010
028 G030200 0
028 G040200 58424
028 H000200 23803
029 000200 Y
030 A000200 1055
030 B000200 5.75
<PAGE> PAGE 12
030 C000200 0.00
031 A000200 446
031 B000200 0
032 000200 0
033 000200 609
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 888
044 000200 0
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
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
<PAGE> PAGE 13
070 C020200 N
070 D010200 Y
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 N
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 2046418
071 B000200 2077496
071 C000200 1205063
071 D000200 170
072 A000200 6
072 B000200 5371
072 C000200 9722
072 D000200 0
072 E000200 0
072 F000200 3785
072 G000200 50
072 H000200 0
072 I000200 768
072 J000200 28
072 K000200 0
072 L000200 0
072 M000200 25
072 N000200 48
072 O000200 1
072 P000200 0
<PAGE> PAGE 14
072 Q000200 0
072 R000200 10
072 S000200 11
072 T000200 888
072 U000200 0
072 V000200 0
072 W000200 43
072 X000200 5657
072 Y000200 0
072 Z000200 9436
072AA000200 226589
072BB000200 44631
072CC010200 46709
072CC020200 0
072DD010200 6517
072DD020200 15
072EE000200 0
073 A010200 0.0400
073 A020200 0.0430
073 B000200 0.0000
073 C000200 0.0000
074 A000200 12
074 B000200 0
074 C000200 90326
074 D000200 0
074 E000200 0
074 F000200 1435060
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 38459
074 K000200 1006
074 L000200 1820
074 M000200 29
074 N000200 1566712
074 O000200 62844
074 P000200 572
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 3555
074 S000200 0
074 T000200 1499741
074 U010200 163376
074 U020200 355
074 V010200 9.16
074 V020200 9.16
074 W000200 0.0000
074 X000200 80322
074 Y000200 0
<PAGE> PAGE 15
075 A000200 0
075 B000200 1384546
076 000200 0.00
015 A000301 UMB BANK, N.A.
015 B000301 C
015 C010301 KANSAS CITY
015 C020301 MO
015 C030301 64141
015 C040301 6226
015 E010301 X
015 A000302 DELETE
015 A000303 BANQUE INDOSUEZ
015 B000303 S
015 C010303 PARIS
015 D010303 FRANCE
015 E040303 X
015 A000304 UNION BANK OF SWITZERLAND
015 B000304 S
015 C010304 ZURICH
015 D010304 SWITZERLAND
015 E040304 X
015 A000305 DEUTSCHE BANK AG
015 B000305 S
015 C010305 FRANKFURT
015 D010305 GERMANY
015 E040305 X
015 A000307 UNITED MISSOURI TRUST COMPANY OF NEW YORK
015 B000307 S
015 C010307 NEW YORK
015 C020307 NY
015 C030307 10004
015 E010307 X
015 A000308 BROWN BROTHERS HARRIMAN & CO.
015 B000308 S
015 C010308 BOSTON
015 C020308 MA
015 C030308 02109
015 E010308 X
015 A000309 DELETE
015 A000310 SKANDINAVISKA ENSKILDA BANKEN
015 B000310 S
015 C010310 STOCKHOLM
015 D010310 SWEDEN
015 E040310 X
024 000300 N
025 D000301 0
025 D000302 0
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
<PAGE> PAGE 16
025 D000307 0
025 D000308 0
028 A010300 71737
028 A020300 0
028 A030300 0
028 A040300 45447
028 B010300 46819
028 B020300 0
028 B030300 0
028 B040300 71422
028 C010300 62786
028 C020300 0
028 C030300 0
028 C040300 61853
028 D010300 69980
028 D020300 0
028 D030300 0
028 D040300 44763
028 E010300 29902
028 E020300 0
028 E030300 0
028 E040300 48500
028 F010300 48263
028 F020300 0
028 F030300 0
028 F040300 49432
028 G010300 329487
028 G020300 0
028 G030300 0
028 G040300 321417
028 H000300 51800
029 000300 Y
030 A000300 2502
030 B000300 5.75
030 C000300 0.00
031 A000300 1052
031 B000300 0
032 000300 0
033 000300 1450
042 A000300 0
042 B000300 0
042 C000300 100
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 714
044 000300 0
062 A000300 N
062 B000300 0.0
<PAGE> PAGE 17
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 Y
066 E000300 N
066 F000300 N
066 G000300 N
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
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 N
070 J020300 N
070 K010300 N
070 K020300 N
<PAGE> PAGE 18
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 N
070 O010300 N
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 366652
071 B000300 416285
071 C000300 829726
071 D000300 44
072 A000300 6
072 B000300 3435
072 C000300 1501
072 D000300 0
072 E000300 0
072 F000300 2821
072 G000300 44
072 H000300 0
072 I000300 1072
072 J000300 29
072 K000300 0
072 L000300 0
072 M000300 19
072 N000300 83
072 O000300 1
072 P000300 0
072 Q000300 0
072 R000300 10
072 S000300 7
072 T000300 714
072 U000300 0
072 V000300 0
072 W000300 59
072 X000300 4859
072 Y000300 0
072 Z000300 77
072AA000300 171209
072BB000300 53823
072CC010300 0
072CC020300 108867
072DD010300 0
072DD020300 0
072EE000300 0
<PAGE> PAGE 19
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 5
074 B000300 0
074 C000300 123513
074 D000300 0
074 E000300 0
074 F000300 884763
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 42
074 K000300 1511
074 L000300 201
074 M000300 8
074 N000300 1010043
074 O000300 7054
074 P000300 487
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 2199
074 S000300 0
074 T000300 1000303
074 U010300 42453
074 U020300 149
074 V010300 23.48
074 V020300 23.54
074 W000300 0.0000
074 X000300 121878
074 Y000300 0
075 A000300 0
075 B000300 946134
076 000300 0.00
015 A000401 UMB BANK, N.A.
015 B000401 C
015 C010401 KANSAS CITY
015 C020401 MO
015 C030401 64141
015 C040401 6226
015 E010401 X
015 A000402 UNITED MISSOURI TRUST COMPANY OF NEW YORK
015 B000402 S
015 C010402 NEW YORK
015 C020402 NY
015 C030402 10004
015 E010402 X
015 A000403 DELETE
<PAGE> PAGE 20
015 A000404 DELETE
015 A000405 DELETE
024 000400 Y
025 A000401 SALOMON INC.
025 B000401 22-1660266
025 C000401 D
025 D000401 4910
025 D000402 0
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 3233
028 A020400 2329
028 A030400 0
028 A040400 14515
028 B010400 3778
028 B020400 2326
028 B030400 0
028 B040400 7941
028 C010400 2539
028 C020400 2317
028 C030400 0
028 C040400 7669
028 D010400 2159
028 D020400 2301
028 D030400 0
028 D040400 6850
028 E010400 3028
028 E020400 2294
028 E030400 0
028 E040400 6697
028 F010400 3724
028 F020400 2292
028 F030400 0
028 F040400 6063
028 G010400 18461
028 G020400 13859
028 G030400 0
028 G040400 49735
028 H000400 14119
029 000400 Y
030 A000400 559
030 B000400 5.75
030 C000400 0.00
031 A000400 234
031 B000400 0
032 000400 0
033 000400 325
<PAGE> PAGE 21
042 A000400 0
042 B000400 0
042 C000400 100
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 330
044 000400 0
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 3.3
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 4.1
062 N000400 19.5
062 O000400 0.0
062 P000400 65.1
062 Q000400 7.0
062 R000400 1.0
063 A000400 0
063 B000400 10.6
064 A000400 N
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
<PAGE> PAGE 22
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 N
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 72228
071 B000400 87808
071 C000400 496924
071 D000400 15
072 A000400 6
072 B000400 18474
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 1100
072 G000400 30
072 H000400 0
072 I000400 425
072 J000400 8
072 K000400 0
072 L000400 0
072 M000400 10
072 N000400 36
072 O000400 1
072 P000400 0
072 Q000400 0
072 R000400 9
072 S000400 4
072 T000400 330
072 U000400 0
072 V000400 0
072 W000400 20
072 X000400 1973
072 Y000400 0
<PAGE> PAGE 23
072 Z000400 16501
072AA000400 977
072BB000400 517
072CC010400 0
072CC020400 2300
072DD010400 16009
072DD020400 178
072EE000400 0
073 A010400 0.1920
073 A020400 0.1960
073 B000400 0.0000
073 C000400 0.0000
074 A000400 5
074 B000400 0
074 C000400 16907
074 D000400 489654
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 378
074 L000400 7321
074 M000400 13
074 N000400 514278
074 O000400 0
074 P000400 221
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 2346
074 S000400 0
074 T000400 511711
074 U010400 82817
074 U020400 695
074 V010400 6.13
074 V020400 6.13
074 W000400 0.0000
074 X000400 36583
074 Y000400 0
075 A000400 0
075 B000400 514199
076 000400 0.00
SIGNATURE THEODORE W. HOWARD
TITLE V.P. & TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SEMIANNUAL REPORT
TO SHAREHOLDERS DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000217420
<NAME> UNITED FUNDS, INC.
<SERIES>
<NUMBER> 01
<NAME> UNITED INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 3,273,736,765
<INVESTMENTS-AT-VALUE> 6,118,155,780
<RECEIVABLES> 20,649,103
<ASSETS-OTHER> 39,792
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6,138,844,675
<PAYABLE-FOR-SECURITIES> 7,812,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 15,942,722
<TOTAL-LIABILITIES> 23,754,722
<SENIOR-EQUITY> 155,297,305
<PAID-IN-CAPITAL-COMMON> 2,788,656,038
<SHARES-COMMON-STOCK> 155,297,305
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 4,271,821
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 322,464,103
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,844,400,686
<NET-ASSETS> 6,115,089,953
<DIVIDEND-INCOME> 36,882,834
<INTEREST-INCOME> 8,950,754
<OTHER-INCOME> 0
<EXPENSES-NET> (22,869,710)
<NET-INVESTMENT-INCOME> 22,963,878
<REALIZED-GAINS-CURRENT> 250,131,208
<APPREC-INCREASE-CURRENT> 748,404,979
<NET-CHANGE-FROM-OPS> 1,021,500,065
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (21,679,788)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,785,027
<NUMBER-OF-SHARES-REDEEMED> (11,034,560)
<SHARES-REINVESTED> 542,202
<NET-CHANGE-IN-ASSETS> 1,113,326,640
<ACCUMULATED-NII-PRIOR> 2,937,972
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 14,934,948
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22,869,710
<AVERAGE-NET-ASSETS> 5,466,854,560
<PER-SHARE-NAV-BEGIN> 32.91
<PER-SHARE-NII> 0.15
<PER-SHARE-GAIN-APPREC> 6.46
<PER-SHARE-DIVIDEND> (0.14)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 39.38
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SEMIANNUAL REPORT
TO SHAREHOLDERS DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000217420
<NAME> UNITED FUNDS, INC.
<SERIES>
<NUMBER> 02
<NAME> UNITED ACCUMULATIVE FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 1,406,179,874
<INVESTMENTS-AT-VALUE> 1,525,385,642
<RECEIVABLES> 41,285,653
<ASSETS-OTHER> 29,324
<OTHER-ITEMS-ASSETS> 11,587
<TOTAL-ASSETS> 1,566,712,206
<PAYABLE-FOR-SECURITIES> 62,844,481
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,126,909
<TOTAL-LIABILITIES> 66,971,390
<SENIOR-EQUITY> 163,731,256
<PAID-IN-CAPITAL-COMMON> 976,916,044
<SHARES-COMMON-STOCK> 163,731,256
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 4,214,695
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 235,673,056
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 119,205,765
<NET-ASSETS> 1,499,740,816
<DIVIDEND-INCOME> 9,721,968
<INTEREST-INCOME> 5,371,049
<OTHER-INCOME> 0
<EXPENSES-NET> (5,656,903)
<NET-INVESTMENT-INCOME> 9,436,114
<REALIZED-GAINS-CURRENT> 181,957,908
<APPREC-INCREASE-CURRENT> 46,709,391
<NET-CHANGE-FROM-OPS> 238,103,413
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6,531,650)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,884,521
<NUMBER-OF-SHARES-REDEEMED> (6,957,587)
<SHARES-REINVESTED> 655,744
<NET-CHANGE-IN-ASSETS> 211,874,024
<ACCUMULATED-NII-PRIOR> 1,310,231
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,784,724
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,656,903
<AVERAGE-NET-ASSETS> 1,384,546,206
<PER-SHARE-NAV-BEGIN> 7.75
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> 1.39
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.16
<EXPENSE-RATIO> 0.82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SEMIANNUAL REPORT
TO SHAREHOLDERS DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000217420
<NAME> UNITED FUNDS, INC.
<SERIES>
<NUMBER> 04
<NAME> UNITED BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 498,737,018
<INVESTMENTS-AT-VALUE> 506,561,283
<RECEIVABLES> 7,698,936
<ASSETS-OTHER> 13,368
<OTHER-ITEMS-ASSETS> 4,750
<TOTAL-ASSETS> 514,278,337
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 25,566,866
<TOTAL-LIABILITIES> 2,566,866
<SENIOR-EQUITY> 83,512,297
<PAID-IN-CAPITAL-COMMON> 445,015,350
<SHARES-COMMON-STOCK> 83,512,297
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1,116,320
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (25,756,761)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,824,265
<NET-ASSETS> 511,711,471
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 18,473,837
<OTHER-INCOME> 0
<EXPENSES-NET> (1,972,811)
<NET-INVESTMENT-INCOME> 16,501,026
<REALIZED-GAINS-CURRENT> 459,671
<APPREC-INCREASE-CURRENT> (2,299,935)
<NET-CHANGE-FROM-OPS> 14,660,762
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (16,187,366)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,027,949
<NUMBER-OF-SHARES-REDEEMED> (8,163,465)
<SHARES-REINVESTED> 2,279,712
<NET-CHANGE-IN-ASSETS> (18,940,940)
<ACCUMULATED-NII-PRIOR> 802,660
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,099,775
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,972,811
<AVERAGE-NET-ASSETS> 514,198,761
<PER-SHARE-NAV-BEGIN> 6.14
<PER-SHARE-NII> .19
<PER-SHARE-GAIN-APPREC> (0.01)
<PER-SHARE-DIVIDEND> (0.19)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6.13
<EXPENSE-RATIO> 0.78
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE SEMIANNUAL REPORT
TO SHAREHOLDERS DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000217420
<NAME> UNITED FUNDS, INC.
<SERIES>
<NUMBER> 03
<NAME> UNITED SCIENCE AND TECHNOLOGY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 696,640,511
<INVESTMENTS-AT-VALUE> 1,008,275,762
<RECEIVABLES> 1,753,547
<ASSETS-OTHER> 8,457
<OTHER-ITEMS-ASSETS> 5,486
<TOTAL-ASSETS> 1,010,043,252
<PAYABLE-FOR-SECURITIES> 7,054,162
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,685,661
<TOTAL-LIABILITIES> 9,739,823
<SENIOR-EQUITY> 42,601,756
<PAID-IN-CAPITAL-COMMON> 508,196,219
<SHARES-COMMON-STOCK> 42,601,756
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (15,271)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 137,888,828
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 311,631,897
<NET-ASSETS> 1,000,303,429
<DIVIDEND-INCOME> 1,500,548
<INTEREST-INCOME> 3,434,573
<OTHER-INCOME> 0
<EXPENSES-NET> (4,858,612)
<NET-INVESTMENT-INCOME> 76,509
<REALIZED-GAINS-CURRENT> 117,386,031
<APPREC-INCREASE-CURRENT> (108,866,831)
<NET-CHANGE-FROM-OPS> 8,595,709
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 14,950,131
<NUMBER-OF-SHARES-REDEEMED> (14,480,065)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 16,666,082
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,821,407
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,858,612
<AVERAGE-NET-ASSETS> 946,134,262
<PER-SHARE-NAV-BEGIN> 23.35
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> .13
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 23.48
<EXPENSE-RATIO> 1.04
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
