COUNTRYWIDE STRATEGIC TRUST
NSAR-A, 1998-11-27
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<PAGE>      PAGE  1
000 A000000 09/30/98
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000 D000000 N
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000 F000000 Y
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000 I000000 3.0.a
000 J000000 A
001 A000000 COUNTRYWIDE STRATEGIC TRUST
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002 C000000 OH
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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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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014 A000701 COUNTRYWIDE INVESTMENTS, INC.
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014 A000702 CW FUND DISTRIBUTORS, INC.
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<PAGE>      PAGE  10
015 A000701 THE FIFTH THIRD BANK
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015 A000702 STATE STREET BANK AND TRUST COMPANY N.A.
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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070 D020700 N
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070 E020700 N
070 F010700 N
070 F020700 N
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070 I020700 N
070 J010700 Y
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070 K020700 N
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<PAGE>      PAGE  13
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<PAGE>      PAGE  17
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008 A000901 COUNTRYWIDE INVESTMENTS, INC.
008 B000901 A
008 C000901 801-10344
008 D010901 CINCINNATI
008 D020901 OH
008 D030901 45202
008 D040901 4094
008 A000902 MASTRAPASQUA & ASSOCIATES, INC.
008 B000902 S
008 C000902 801-43315
008 D010902 NASHVILLE
008 D020902 TN
008 D030902 37203
<PAGE>      PAGE  19
014 A000901 COUNTRYWIDE INVESTMENTS, INC.
014 B000901 8-24674
014 A000902 CHARLES SCHWAB & CO., INC.
014 B000902 8-16514
014 A000903 CW FUND DISTRIBUTORS, INC.
014 B000903 8-40907
015 A000901 STAR BANK, N.A.
015 B000901 C
015 C010901 CINCINNATI
015 C020901 OH
015 C030901 45202
015 E010901 X
015 A000902 BANKERS TRUST COMPANY
015 B000902 S
015 C010902 NEW YORK
015 C020902 NY
015 C030902 10015
015 E010902 X
028 A010900       851
028 A020900         0
028 A030900         0
028 A040900       501
028 B010900       239
028 B020900         0
028 B030900         0
028 B040900       201
028 C010900       117
028 C020900         0
028 C030900         0
028 C040900       672
028 D010900       198
028 D020900         0
028 D030900         0
028 D040900       293
028 E010900       453
028 E020900         0
028 E030900         0
028 E040900       369
028 F010900       152
028 F020900         0
028 F030900         0
028 F040900       639
028 G010900      2010
028 G020900         0
028 G030900         0
028 G040900      2675
028 H000900        53
029  000900 Y
030 A000900      2
030 B000900  4.00
030 C000900  0.00
<PAGE>      PAGE  20
031 A000900      0
031 B000900      0
032  000900      2
033  000900      0
034  000900 N
035  000900      0
036 B000900      0
042 A000900   0
042 B000900  15
042 C000900   0
042 D000900  85
042 E000900   0
042 F000900   0
042 G000900   0
042 H000900   0
043  000900     18
044  000900      1
045  000900 Y
046  000900 N
047  000900 Y
048  000900  0.000
048 A010900    50000
048 A020900 1.000
048 B010900    50000
048 B020900 0.900
048 C010900   100000
048 C020900 0.800
048 D010900        0
048 D020900 0.000
048 E010900        0
048 E020900 0.000
048 F010900        0
048 F020900 0.000
048 G010900        0
048 G020900 0.000
048 H010900        0
048 H020900 0.000
048 I010900        0
048 I020900 0.000
048 J010900        0
048 J020900 0.000
048 K010900   200000
048 K020900 0.750
055 A000900 Y
055 B000900 N
056  000900 Y
057  000900 N
066 A000900 Y
066 B000900 Y
066 C000900 N
066 D000900 N
<PAGE>      PAGE  21
066 E000900 N
066 F000900 N
066 G000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 N
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 Y
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900      8051
071 B000900      8667
071 C000900     13798
071 D000900   58
072 A000900  6
072 B000900       11
072 C000900       30
072 D000900        0
<PAGE>      PAGE  22
072 E000900        0
072 F000900       71
072 G000900        0
072 H000900        0
072 I000900        6
072 J000900        4
072 K000900        5
072 L000900        2
072 M000900        6
072 N000900        1
072 O000900        0
072 P000900        0
072 Q000900       12
072 R000900        3
072 S000900        3
072 T000900       18
072 U000900        3
072 V000900        0
072 W000900        5
072 X000900      139
072 Y000900        0
072 Z000900      -98
072AA000900     1775
072BB000900     1072
072CC010900        0
072CC020900     2992
072DD010900        0
072DD020900        0
072EE000900        0
073 A010900   0.0000
073 A020900   0.0000
073 B000900   0.0000
073 C000900   0.0000
074 A000900        0
074 B000900        0
074 C000900        0
074 D000900        0
074 E000900        0
074 F000900    12423
074 G000900        0
074 H000900        0
074 I000900        0
074 J000900      328
074 K000900        0
074 L000900       10
074 M000900       23
074 N000900    12784
074 O000900      203
074 P000900       13
074 Q000900        0
074 R010900        0
<PAGE>      PAGE  23
074 R020900        0
074 R030900        0
074 R040900      125
074 S000900        0
074 T000900    12443
074 U010900      927
074 U020900        0
074 V010900    13.42
074 V020900     0.00
074 W000900   0.0000
074 X000900      565
074 Y000900        0
075 A000900        0
075 B000900    14244
076  000900     0.00
SIGNATURE   JOHN F. SPLAIN                               
TITLE       SECRETARY           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> COUNTRYWIDE STRATEGIC TRUST
<SERIES>
   <NUMBER> 51
   <NAME> UTILITY FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                    6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998 
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       25,276,546
<INVESTMENTS-AT-VALUE>                      42,290,999
<RECEIVABLES>                                  191,888
<ASSETS-OTHER>                                   3,838
<OTHER-ITEMS-ASSETS>                            12,795
<TOTAL-ASSETS>                              42,499,520
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      181,135
<TOTAL-LIABILITIES>                            181,135
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    24,825,178
<SHARES-COMMON-STOCK>                        2,410,079
<SHARES-COMMON-PRIOR>                        2,533,479
<ACCUMULATED-NII-CURRENT>                           63
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        478,691
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    17,014,453
<NET-ASSETS>                                39,104,876
<DIVIDEND-INCOME>                              715,388
<INTEREST-INCOME>                              100,934
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 302,626
<NET-INVESTMENT-INCOME>                        513,696
<REALIZED-GAINS-CURRENT>                       478,638
<APPREC-INCREASE-CURRENT>                   (1,985,715)
<NET-CHANGE-FROM-OPS>                         (993,381)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      491,752
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        102,200
<NUMBER-OF-SHARES-REDEEMED>                    252,836
<SHARES-REINVESTED>                             27,236
<NET-CHANGE-IN-ASSETS>                      (3,357,981)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           53
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          159,703
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                302,626
<AVERAGE-NET-ASSETS>                        39,104,248
<PER-SHARE-NAV-BEGIN>                            16.76
<PER-SHARE-NII>                                    .20
<PER-SHARE-GAIN-APPREC>                           (.53)
<PER-SHARE-DIVIDEND>                               .20
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.23
<EXPENSE-RATIO>                                   1.33
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> COUNTRYWIDE STRATEGIC TRUST
<SERIES>
   <NUMBER> 53
   <NAME> UTILITY FUND CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998 
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       25,276,546
<INVESTMENTS-AT-VALUE>                      42,290,999
<RECEIVABLES>                                  191,888
<ASSETS-OTHER>                                   3,838
<OTHER-ITEMS-ASSETS>                            12,795
<TOTAL-ASSETS>                              42,499,520
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      181,135
<TOTAL-LIABILITIES>                            181,135
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    24,825,178
<SHARES-COMMON-STOCK>                          198,311
<SHARES-COMMON-PRIOR>                          214,888
<ACCUMULATED-NII-CURRENT>                           63
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        478,691
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    17,014,453
<NET-ASSETS>                                 3,213,509
<DIVIDEND-INCOME>                              715,388
<INTEREST-INCOME>                              100,934
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 302,626
<NET-INVESTMENT-INCOME>                        513,696
<REALIZED-GAINS-CURRENT>                       478,638
<APPREC-INCREASE-CURRENT>                   (1,985,715)
<NET-CHANGE-FROM-OPS>                         (993,381)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       21,881
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         11,382
<NUMBER-OF-SHARES-REDEEMED>                     29,188
<SHARES-REINVESTED>                              1,229
<NET-CHANGE-IN-ASSETS>                        (383,025)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           53
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          159,703
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                302,626
<AVERAGE-NET-ASSETS>                         3,346,687
<PER-SHARE-NAV-BEGIN>                            16.74
<PER-SHARE-NII>                                    .11
<PER-SHARE-GAIN-APPREC>                           (.54)
<PER-SHARE-DIVIDEND>                               .11
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.20
<EXPENSE-RATIO>                                   2.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> COUNTRYWIDE STRATEGIC TRUST
<SERIES>
   <NUMBER> 71
   <NAME> EQUITY FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       37,401,712
<INVESTMENTS-AT-VALUE>                      44,888,796
<RECEIVABLES>                                   42,105
<ASSETS-OTHER>                                     559
<OTHER-ITEMS-ASSETS>                            22,218
<TOTAL-ASSETS>                              44,953,678
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       78,776
<TOTAL-LIABILITIES>                             78,776
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    37,242,506
<SHARES-COMMON-STOCK>                        2,401,575
<SHARES-COMMON-PRIOR>                        1,978,069
<ACCUMULATED-NII-CURRENT>                          736
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        144,576
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     7,487,084
<NET-ASSETS>                                42,112,116
<DIVIDEND-INCOME>                              216,860
<INTEREST-INCOME>                              161,127
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 325,891
<NET-INVESTMENT-INCOME>                         52,096
<REALIZED-GAINS-CURRENT>                       144,480
<APPREC-INCREASE-CURRENT>                   (4,917,335)
<NET-CHANGE-FROM-OPS>                       (4,720,759)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       51,360
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        519,825
<NUMBER-OF-SHARES-REDEEMED>                     99,063
<SHARES-REINVESTED>                              2,744
<NET-CHANGE-IN-ASSETS>                       3,775,693
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           96
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          176,060
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                325,891
<AVERAGE-NET-ASSETS>                        43,499,330
<PER-SHARE-NAV-BEGIN>                            19.38
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                          (1.85)
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.54
<EXPENSE-RATIO>                                   1.31
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> COUNTRYWIDE STRATEGIC TRUST
<SERIES>
   <NUMBER> 73
   <NAME> EQUITY FUND CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       37,401,712
<INVESTMENTS-AT-VALUE>                      44,888,796
<RECEIVABLES>                                   42,105
<ASSETS-OTHER>                                     559
<OTHER-ITEMS-ASSETS>                            22,218
<TOTAL-ASSETS>                              44,953,678
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       78,776
<TOTAL-LIABILITIES>                             78,776
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    37,242,506
<SHARES-COMMON-STOCK>                          158,615
<SHARES-COMMON-PRIOR>                          199,685
<ACCUMULATED-NII-CURRENT>                          736
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        144,576
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     7,487,084
<NET-ASSETS>                                 2,762,786
<DIVIDEND-INCOME>                              216,860
<INTEREST-INCOME>                              161,127
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 325,891
<NET-INVESTMENT-INCOME>                         52,096
<REALIZED-GAINS-CURRENT>                       144,480
<APPREC-INCREASE-CURRENT>                   (4,917,335)
<NET-CHANGE-FROM-OPS>                       (4,720,759)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         10,273
<NUMBER-OF-SHARES-REDEEMED>                     51,343
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      (1,098,787)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           96
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          176,060
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                325,891
<AVERAGE-NET-ASSETS>                         3,336,310
<PER-SHARE-NAV-BEGIN>                            19.34
<PER-SHARE-NII>                                   (.08)
<PER-SHARE-GAIN-APPREC>                          (1.84)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.42
<EXPENSE-RATIO>                                   2.41
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> COUNTRYWIDE STRATEGIC TRUST
<SERIES>
   <NUMBER> 8
   <NAME> GROWTH/VALUE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       20,440,846
<INVESTMENTS-AT-VALUE>                      25,178,139
<RECEIVABLES>                                   29,086
<ASSETS-OTHER>                                   1,916
<OTHER-ITEMS-ASSETS>                            23,712
<TOTAL-ASSETS>                              25,232,853
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      148,243
<TOTAL-LIABILITIES>                            148,243
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    18,484,443
<SHARES-COMMON-STOCK>                        1,652,702
<SHARES-COMMON-PRIOR>                        1,757,393
<ACCUMULATED-NII-CURRENT>                     (106,733)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,969,607
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     4,737,293
<NET-ASSETS>                                25,084,610
<DIVIDEND-INCOME>                              111,312
<INTEREST-INCOME>                               12,306
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 230,351
<NET-INVESTMENT-INCOME>                       (106,733)
<REALIZED-GAINS-CURRENT>                     1,566,451
<APPREC-INCREASE-CURRENT>                   (3,374,936)
<NET-CHANGE-FROM-OPS>                       (1,915,218)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        139,252
<NUMBER-OF-SHARES-REDEEMED>                    243,943
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      (3,564,643)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      403,156
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          138,766
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                230,351
<AVERAGE-NET-ASSETS>                        27,657,782
<PER-SHARE-NAV-BEGIN>                            16.30
<PER-SHARE-NII>                                   (.06)
<PER-SHARE-GAIN-APPREC>                          (1.06)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.18
<EXPENSE-RATIO>                                   1.66
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000711080
<NAME> COUNTRYWIDE STRATEGIC TRUST
<SERIES>
   <NUMBER> 9
   <NAME> AGGRESSIVE GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                       11,159,466
<INVESTMENTS-AT-VALUE>                      12,422,713
<RECEIVABLES>                                  338,307
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            22,881
<TOTAL-ASSETS>                              12,783,901
<PAYABLE-FOR-SECURITIES>                       203,307
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      137,843
<TOTAL-LIABILITIES>                            341,150
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    10,689,752
<SHARES-COMMON-STOCK>                          927,175
<SHARES-COMMON-PRIOR>                          980,105
<ACCUMULATED-NII-CURRENT>                      (98,091)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        587,843
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,263,247
<NET-ASSETS>                                12,442,751
<DIVIDEND-INCOME>                               30,670
<INTEREST-INCOME>                               10,663
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 139,424
<NET-INVESTMENT-INCOME>                        (98,091)
<REALIZED-GAINS-CURRENT>                       702,741
<APPREC-INCREASE-CURRENT>                   (2,992,169)
<NET-CHANGE-FROM-OPS>                       (2,387,519)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        135,201
<NUMBER-OF-SHARES-REDEEMED>                    188,131
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      (3,052,613)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                     (114,898)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
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