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<PAGE> PAGE 13
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<PAGE> PAGE 15
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<PAGE> PAGE 18
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028 A010500 0
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034 000500 N
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<PAGE> PAGE 22
042 D000500 0
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049 000500 N
050 000500 N
051 000500 N
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<PAGE> PAGE 23
062 L000500 0.0
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066 A000500 Y
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066 G000500 N
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<PAGE> PAGE 24
072BB000500 0
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SIGNATURE KELLY O'NEILL
TITLE CORP. COMPLIANCE ADM
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<CIK> 0000036563
<NAME> TRAINER WORTHAM FUNDS
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<NAME> TRAINER WORTHAM FIRST MUTUAL FUND
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<NAME> TRAINER WORTHAM FUNDS
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<NAME> TRAINER WORTHAM TOTAL RETURN BOND
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<NAME> TRAINER WORTHAM FUNDS
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<NAME> TRAINER WORTHAM FUNDS
<SERIES>
<NUMBER> 5
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