MIDWEST STRATEGIC TRUST
NSAR-B, 1995-05-30
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<PAGE>      PAGE  1
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010 A00AA01 MGF SERVICE CORP.
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011 A00AA01 MIDWEST GROUP FINANCIAL SERVICES, INC.
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<PAGE>      PAGE  2
011 C01AA01 CINCINNATI
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013 A00AA01 ARTHUR ANDERSEN LLP
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015 A00AA01 THE FIFTH THIRD BANK
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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070 E020600 N
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<PAGE>      PAGE  24
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070 G010600 N
070 G020600 N
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070 H020600 N
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070 I020600 N
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070 K010600 Y
070 K020600 N
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
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070 N020600 N
070 O010600 Y
070 O020600 Y
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
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014 A000701 MIDWEST GROUP FINANCIAL SERVICES, INC.
014 B000701 8-24674
014 A000702 JOHN HANCOCK CLEARING CORPORATION
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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SIGNATURE   JOHN F. SPLAIN                               
TITLE       SECRETARY           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> MIDWEST STRATEGIC TRUST
<SERIES>
   <NUMBER> 71
   <NAME> EQUITY FUND CLASS A
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> MIDWEST STRATEGIC TRUST
<SERIES>
   <NUMBER> 73
   <NAME> EQUITY FUND CLASS C
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> MIDWEST STRATEGIC TRUST
<SERIES>
   <NUMBER> 3
   <NAME> U.S. GOVERNMENT SECURITIES FUND
       
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<SHARES-REINVESTED>                            203,373
<NET-CHANGE-IN-ASSETS>                    (14,304,488)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       16,061
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          261,660
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                418,631
<AVERAGE-NET-ASSETS>                        34,864,067
<PER-SHARE-NAV-BEGIN>                             9.85
<PER-SHARE-NII>                                   0.58
<PER-SHARE-GAIN-APPREC>                         (0.59)
<PER-SHARE-DIVIDEND>                              0.58
<PER-SHARE-DISTRIBUTIONS>                         0.04
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.22
<EXPENSE-RATIO>                                   1.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> MIDWEST STRATEGIC TRUST
<SERIES>
   <NUMBER> 4
   <NAME> TREASURY TOTAL RETURN FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-END>                               MAR-31-1995
<INVESTMENTS-AT-COST>                       26,117,613
<INVESTMENTS-AT-VALUE>                      26,427,049
<RECEIVABLES>                                   38,698
<ASSETS-OTHER>                                   2,973
<OTHER-ITEMS-ASSETS>                               597
<TOTAL-ASSETS>                              26,469,317
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      495,559
<TOTAL-LIABILITIES>                            495,559
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    28,047,962
<SHARES-COMMON-STOCK>                        3,105,434
<SHARES-COMMON-PRIOR>                        3,595,361
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,090,947)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        16,743
<NET-ASSETS>                                25,973,758
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,756,899
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 348,307
<NET-INVESTMENT-INCOME>                      1,408,592
<REALIZED-GAINS-CURRENT>                   (1,660,245)
<APPREC-INCREASE-CURRENT>                    (348,543)
<NET-CHANGE-FROM-OPS>                        (600,196)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,408,066
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        469,687
<NUMBER-OF-SHARES-REDEEMED>                  1,105,173
<SHARES-REINVESTED>                            145,559
<NET-CHANGE-IN-ASSETS>                     (6,299,472)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (430,702)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          208,921
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                381,020
<AVERAGE-NET-ASSETS>                        27,838,881
<PER-SHARE-NAV-BEGIN>                             8.95
<PER-SHARE-NII>                                   0.43
<PER-SHARE-GAIN-APPREC>                         (0.59)
<PER-SHARE-DIVIDEND>                              0.43
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.36
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> MIDWEST STRATEGIC TRUST
<SERIES>
   <NUMBER> 51
   <NAME> UTILITY FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-END>                               MAR-31-1995
<INVESTMENTS-AT-COST>                       43,945,723
<INVESTMENTS-AT-VALUE>                      43,687,275
<RECEIVABLES>                                  344,294
<ASSETS-OTHER>                                   4,265
<OTHER-ITEMS-ASSETS>                               890
<TOTAL-ASSETS>                              44,036,724
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      424,950
<TOTAL-LIABILITIES>                            424,950
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    44,216,465
<SHARES-COMMON-STOCK>                        3,821,010
<SHARES-COMMON-PRIOR>                        3,839,159
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (368,974)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (235,717)
<NET-ASSETS>                                43,611,774
<DIVIDEND-INCOME>                            1,491,702
<INTEREST-INCOME>                              819,257
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 562,308
<NET-INVESTMENT-INCOME>                      1,748,651
<REALIZED-GAINS-CURRENT>                     (330,519)
<APPREC-INCREASE-CURRENT>                       91,379
<NET-CHANGE-FROM-OPS>                        1,509,511
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,651,628
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        817,927
<NUMBER-OF-SHARES-REDEEMED>                    975,981
<SHARES-REINVESTED>                            139,905
<NET-CHANGE-IN-ASSETS>                       1,497,638
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                     (38,455)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          325,780
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                562,308
<AVERAGE-NET-ASSETS>                        40,857,581
<PER-SHARE-NAV-BEGIN>                            10.52
<PER-SHARE-NII>                                   0.43
<PER-SHARE-GAIN-APPREC>                         (0.05)
<PER-SHARE-DIVIDEND>                              0.43
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.47
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> MIDWEST STRATEGIC TRUST
<SERIES>
   <NUMBER> 53
   <NAME> UTILITY FUND CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-END>                               MAR-31-1995
<INVESTMENTS-AT-COST>                       43,945,723
<INVESTMENTS-AT-VALUE>                      43,687,275
<RECEIVABLES>                                  344,294
<ASSETS-OTHER>                                   4,265
<OTHER-ITEMS-ASSETS>                               890
<TOTAL-ASSETS>                              44,036,724
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      424,950
<TOTAL-LIABILITIES>                            424,950
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    44,216,465
<SHARES-COMMON-STOCK>                          344,067
<SHARES-COMMON-PRIOR>                          165,632
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (368,974)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (235,717)
<NET-ASSETS>                                43,611,774
<DIVIDEND-INCOME>                            1,491,702
<INTEREST-INCOME>                              819,257
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 562,308
<NET-INVESTMENT-INCOME>                      1,748,651
<REALIZED-GAINS-CURRENT>                     (330,519)
<APPREC-INCREASE-CURRENT>                       91,379
<NET-CHANGE-FROM-OPS>                        1,509,511
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       97,023
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        266,298
<NUMBER-OF-SHARES-REDEEMED>                     96,684
<SHARES-REINVESTED>                              8,821
<NET-CHANGE-IN-ASSETS>                       1,497,638
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                     (38,455)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          325,780
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                562,308
<AVERAGE-NET-ASSETS>                         2,583,980
<PER-SHARE-NAV-BEGIN>                            10.51
<PER-SHARE-NII>                                   0.35
<PER-SHARE-GAIN-APPREC>                         (0.04)
<PER-SHARE-DIVIDEND>                              0.36
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.46
<EXPENSE-RATIO>                                   2.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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