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<PAGE> PAGE 6
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<PAGE> PAGE 7
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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 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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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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070 D010400 Y
<PAGE> PAGE 21
070 D020400 Y
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 60054
071 B000400 36768
071 C000400 45940
071 D000400 80
072 A000400 6
072 B000400 36
072 C000400 29
072 D000400 0
072 E000400 0
072 F000400 231
072 G000400 66
072 H000400 0
072 I000400 49
072 J000400 14
072 K000400 1
072 L000400 4
072 M000400 3
072 N000400 6
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 2
<PAGE> PAGE 22
072 S000400 1
072 T000400 58
072 U000400 0
072 V000400 0
072 W000400 23
072 X000400 459
072 Y000400 14
072 Z000400 -380
072AA000400 624
072BB000400 0
072CC010400 888
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 4391
073 A010400 0.0000
073 A020400 0.0000
073 B000400 1.2500
073 C000400 0.0000
074 A000400 7
074 B000400 10620
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 45782
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 18
074 M000400 40
074 N000400 56466
074 O000400 3549
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 0
074 S000400 0
074 T000400 52917
074 U010400 3953
074 U020400 0
074 V010400 13.39
074 V020400 0.00
074 W000400 0.0000
074 X000400 6907
074 Y000400 0
075 A000400 0
075 B000400 45940
<PAGE> PAGE 23
076 000400 0.00
024 000500 Y
025 A000501 STATE STREET BANK
025 C000501 D
025 D000501 3557
025 D000502 0
025 D000503 0
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
028 A010500 678
028 A020500 0
028 A030500 0
028 A040500 203
028 B010500 1466
028 B020500 0
028 B030500 0
028 B040500 86
028 C010500 1321
028 C020500 0
028 C030500 0
028 C040500 161
028 D010500 638
028 D020500 0
028 D030500 0
028 D040500 271
028 E010500 395
028 E020500 0
028 E030500 0
028 E040500 66
028 F010500 426
028 F020500 0
028 F030500 0
028 F040500 214
028 G010500 4924
028 G020500 0
028 G030500 0
028 G040500 1001
028 H000500 0
034 000500 N
035 000500 0
036 B000500 0
037 000500 N
038 000500 0
039 000500 Y
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
<PAGE> PAGE 24
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 100
043 000500 23
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 1.000
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
<PAGE> PAGE 25
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 Y
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 N
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 N
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
<PAGE> PAGE 26
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 8726
071 B000500 5507
071 C000500 18166
071 D000500 30
072 A000500 6
072 B000500 11
072 C000500 71
072 D000500 0
072 E000500 0
072 F000500 91
072 G000500 27
072 H000500 0
072 I000500 19
072 J000500 28
072 K000500 1
072 L000500 1
072 M000500 3
072 N000500 6
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 1
072 S000500 1
072 T000500 23
072 U000500 0
072 V000500 0
072 W000500 34
072 X000500 235
072 Y000500 28
072 Z000500 -124
072AA000500 138
072BB000500 0
072CC010500 3052
072CC020500 0
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 5
074 B000500 3557
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 17239
074 G000500 0
<PAGE> PAGE 27
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 32
074 M000500 3
074 N000500 20836
074 O000500 660
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 12
074 S000500 0
074 T000500 20164
074 U010500 1640
074 U020500 0
074 V010500 12.30
074 V020500 0.00
074 W000500 0.0000
074 X000500 2552
074 Y000500 0
075 A000500 0
075 B000500 18116
076 000500 0.00
024 000600 N
028 A010600 151
028 A020600 31
028 A030600 0
028 A040600 595
028 B010600 248
028 B020600 32
028 B030600 0
028 B040600 754
028 C010600 17
028 C020600 37
028 C030600 0
028 C040600 242
028 D010600 142
028 D020600 38
028 D030600 0
028 D040600 338
028 E010600 131
028 E020600 39
028 E030600 0
028 E040600 266
028 F010600 77
028 F020600 33
028 F030600 0
028 F040600 178
<PAGE> PAGE 28
028 G010600 766
028 G020600 210
028 G030600 0
028 G040600 2373
028 H000600 0
034 000600 N
035 000600 0
036 B000600 0
037 000600 N
038 000600 0
039 000600 Y
040 000600 Y
041 000600 Y
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 0
042 E000600 0
042 F000600 0
042 G000600 0
042 H000600 100
043 000600 16
044 000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.650
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
049 000600 N
050 000600 N
<PAGE> PAGE 29
051 000600 N
052 000600 N
053 A000600 Y
053 B000600 Y
062 A000600 Y
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 97.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 3.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 12.8
064 A000600 N
064 B000600 N
066 A000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 N
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
<PAGE> PAGE 30
070 K010600 Y
070 K020600 Y
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 N
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 6050
071 B000600 7090
071 C000600 12443
071 D000600 49
072 A000600 6
072 B000600 330
072 C000600 5
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072 G000600 17
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072 I000600 16
072 J000600 18
072 K000600 1
072 L000600 2
072 M000600 4
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072 O000600 0
072 P000600 0
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072 R000600 2
072 S000600 1
072 T000600 16
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072 W000600 21
072 X000600 138
072 Y000600 45
072 Z000600 242
072AA000600 95
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072CC010600 261
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072DD010600 165
<PAGE> PAGE 31
072DD020600 0
072EE000600 0
073 A010600 0.3000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 0
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074 C000600 167
074 D000600 11644
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074 H000600 0
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074 K000600 0
074 L000600 212
074 M000600 109
074 N000600 12132
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074 R040600 38
074 S000600 0
074 T000600 12094
074 U010600 756
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074 V020600 0.00
074 W000600 0.0000
074 X000600 891
074 Y000600 0
075 A000600 0
075 B000600 12443
076 000600 0.00
024 000700 N
028 A010700 5163
028 A020700 57
028 A030700 0
028 A040700 3394
028 B010700 4807
028 B020700 64
028 B030700 0
028 B040700 3268
028 C010700 4903
028 C020700 68
028 C030700 0
<PAGE> PAGE 32
028 C040700 3892
028 D010700 5167
028 D020700 76
028 D030700 0
028 D040700 4052
028 E010700 5677
028 E020700 80
028 E030700 0
028 E040700 4897
028 F010700 6066
028 F020700 87
028 F030700 0
028 F040700 5325
028 G010700 31783
028 G020700 432
028 G030700 0
028 G040700 24828
028 H000700 0
034 000700 N
035 000700 0
036 B000700 0
037 000700 N
038 000700 0
039 000700 Y
040 000700 Y
041 000700 N
042 A000700 0
042 B000700 0
042 C000700 0
042 D000700 0
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 0
043 000700 0
044 000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.100
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
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<PAGE> PAGE 33
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 Y
053 B000700 Y
062 A000700 Y
062 B000700 0.0
062 C000700 6.4
062 D000700 0.0
062 E000700 0.0
062 F000700 0.6
062 G000700 0.0
062 H000700 0.0
062 I000700 91.8
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 1.2
063 A000700 24
063 B000700 0.0
064 A000700 N
064 B000700 N
066 A000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 N
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 N
<PAGE> PAGE 34
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 N
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 N
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 0
071 B000700 0
071 C000700 0
071 D000700 0
072 A000700 6
072 B000700 401
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072 E000700 36
072 F000700 8
072 G000700 10
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072 J000700 10
072 K000700 0
072 L000700 2
072 M000700 3
072 N000700 6
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<PAGE> PAGE 35
072 S000700 0
072 T000700 0
072 U000700 18
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072 W000700 24
072 X000700 105
072 Y000700 105
072 Z000700 437
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072CC020700 0
072DD010700 239
072DD020700 0
072EE000700 0
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073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 260
074 B000700 0
074 C000700 17408
074 D000700 0
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
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074 J000700 0
074 K000700 0
074 L000700 99
074 M000700 201
074 N000700 17968
074 O000700 0
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074 R010700 0
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074 R030700 0
074 R040700 90
074 S000700 0
074 T000700 17878
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074 U020700 0
074 V010700 1.00
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074 W000700 0.9998
074 X000700 2367
074 Y000700 0
075 A000700 15011
075 B000700 0
<PAGE> PAGE 36
076 000700 0.00
SIGNATURE SOPHIA COLLIER
TITLE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This FDS is to show the breakout of
retail shares for the Portfolio.
</LEGEND>
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 001
<NAME> Working Assets Money Market Portfolio
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<S> <C>
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<NET-ASSETS> 97,020,392
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,588,147
<OTHER-INCOME> 0
<EXPENSES-NET> 539,891
<NET-INVESTMENT-INCOME> 2,048,256
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,048,256
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,048,256)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 50,421,298
<NUMBER-OF-SHARES-REDEEMED> 47,881,527
<SHARES-REINVESTED> 1,345,413
<NET-CHANGE-IN-ASSETS> 4,205,379
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 166,219
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 589,491
<AVERAGE-NET-ASSETS> 94,207,766
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.021
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.021
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<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 1.23
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 002
<NAME> Citizens Income Portfolio
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 33,549,880
<INVESTMENTS-AT-VALUE> 34,114,387
<RECEIVABLES> 569,885
<ASSETS-OTHER> 5,075
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 34,689,347
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 177,410
<TOTAL-LIABILITIES> 177,410
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 34,929,301
<SHARES-COMMON-STOCK> 3,278,486
<SHARES-COMMON-PRIOR> 3,140,161
<ACCUMULATED-NII-CURRENT> (1,343)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (343,528)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 564,507
<NET-ASSETS> 34,511,937
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,297,662
<OTHER-INCOME> 0
<EXPENSES-NET> 242,275
<NET-INVESTMENT-INCOME> 1,055,387
<REALIZED-GAINS-CURRENT> 87,772
<APPREC-INCREASE-CURRENT> 702,561
<NET-CHANGE-FROM-OPS> 1,845,720
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,057,709
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 424,790
<NUMBER-OF-SHARES-REDEEMED> 358,582
<SHARES-REINVESTED> 72,117
<NET-CHANGE-IN-ASSETS> 2,236,085
<ACCUMULATED-NII-PRIOR> 1,995,790
<ACCUMULATED-GAINS-PRIOR> (431,458)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 109,688
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 256,636
<AVERAGE-NET-ASSETS> 33,474,896
<PER-SHARE-NAV-BEGIN> 10.28
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> 0.25
<PER-SHARE-DIVIDEND> 0.33
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.53
<EXPENSE-RATIO> 1.39
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This FDS is to show the breakout of
retail shares for the Portfolio.
</LEGEND>
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 003
<NAME> Citizens Index Portfolio
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 123,405,980
<INVESTMENTS-AT-VALUE> 170,607,803
<RECEIVABLES> 224,238
<ASSETS-OTHER> 67,291
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 170,899,332
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 123,919,876
<SHARES-COMMON-STOCK> 10,787,356
<SHARES-COMMON-PRIOR> 10,211,416
<ACCUMULATED-NII-CURRENT> (517,661)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 295,295
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 47,201,823
<NET-ASSETS> 170,899,332
<DIVIDEND-INCOME> 1,351,802
<INTEREST-INCOME> 1,935
<OTHER-INCOME> 0
<EXPENSES-NET> 1,363,101
<NET-INVESTMENT-INCOME> (9,364)
<REALIZED-GAINS-CURRENT> 459,441
<APPREC-INCREASE-CURRENT> 18,908,802
<NET-CHANGE-FROM-OPS> 19,358,879
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 699,105
<DISTRIBUTIONS-OF-GAINS> 1,036,303
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,261,467
<NUMBER-OF-SHARES-REDEEMED> 750,926
<SHARES-REINVESTED> 116,136
<NET-CHANGE-IN-ASSETS> 26,395,354
<ACCUMULATED-NII-PRIOR> 690,075
<ACCUMULATED-GAINS-PRIOR> 337,149
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 391,380
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,400,423
<AVERAGE-NET-ASSETS> 155,275,914
<PER-SHARE-NAV-BEGIN> 13.41
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1.75
<PER-SHARE-DIVIDEND> 0.06
<PER-SHARE-DISTRIBUTIONS> 0.09
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.01
<EXPENSE-RATIO> 1.62
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 004
<NAME> Citizens Emerging Growth Portfolio
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 55,514,017
<INVESTMENTS-AT-VALUE> 56,402,085
<RECEIVABLES> 18,047
<ASSETS-OTHER> 46,565
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 56,466,697
<PAYABLE-FOR-SECURITIES> 3,543,226
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 3,543,226
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 51,782,422
<SHARES-COMMON-STOCK> 3,952,763
<SHARES-COMMON-PRIOR> 2,448,943
<ACCUMULATED-NII-CURRENT> (659,212)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 906,194
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 888,068
<NET-ASSETS> 52,917,472
<DIVIDEND-INCOME> 28,806
<INTEREST-INCOME> 35,951
<OTHER-INCOME> 0
<EXPENSES-NET> 444,785
<NET-INVESTMENT-INCOME> (380,027)
<REALIZED-GAINS-CURRENT> 624,621
<APPREC-INCREASE-CURRENT> (942,948)
<NET-CHANGE-FROM-OPS> (698,355)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 4,391,320
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,260,662
<NUMBER-OF-SHARES-REDEEMED> 1,076,605
<SHARES-REINVESTED> 319,763
<NET-CHANGE-IN-ASSETS> 16,508,195
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1,393,708
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 231,588
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 459,347
<AVERAGE-NET-ASSETS> 45,940,080
<PER-SHARE-NAV-BEGIN> 14.87
<PER-SHARE-NII> (0.12)
<PER-SHARE-GAIN-APPREC> (0.11)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 1.25
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.39
<EXPENSE-RATIO> 1.67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 005
<NAME> Citizens Global Equity Portfolio
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 17,743,205
<INVESTMENTS-AT-VALUE> 20,795,728
<RECEIVABLES> 32,330
<ASSETS-OTHER> 8,159
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20,836,217
<PAYABLE-FOR-SECURITIES> 659,918
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,335
<TOTAL-LIABILITIES> 672,253
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,495,299
<SHARES-COMMON-STOCK> 1,639,976
<SHARES-COMMON-PRIOR> 1,311,458
<ACCUMULATED-NII-CURRENT> (115,766)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (268,093)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,052,522
<NET-ASSETS> 20,163,962
<DIVIDEND-INCOME> 71,530
<INTEREST-INCOME> 11,216
<OTHER-INCOME> 0
<EXPENSES-NET> 207,410
<NET-INVESTMENT-INCOME> (124,604)
<REALIZED-GAINS-CURRENT> 137,577
<APPREC-INCREASE-CURRENT> 639,523
<NET-CHANGE-FROM-OPS> 652,495
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 412,331
<NUMBER-OF-SHARES-REDEEMED> 83,813
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4,568,630
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (285,577)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 91,327
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 235,297
<AVERAGE-NET-ASSETS> 18,116,525
<PER-SHARE-NAV-BEGIN> 11.89
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 0.49
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.30
<EXPENSE-RATIO> 2.31
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 006
<NAME> Muir California Tax-Free Income Portfolio
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 11,550,087
<INVESTMENTS-AT-VALUE> 11,810,701
<RECEIVABLES> 211,633
<ASSETS-OTHER> 109,588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12,131,922
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 38,352
<TOTAL-LIABILITIES> 38,352
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,197,620
<SHARES-COMMON-STOCK> 754,548
<SHARES-COMMON-PRIOR> 845,278
<ACCUMULATED-NII-CURRENT> 76,939
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (441,603)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 260,615
<NET-ASSETS> 12,093,570
<DIVIDEND-INCOME> 5,480
<INTEREST-INCOME> 330,043
<OTHER-INCOME> 0
<EXPENSES-NET> 93,124
<NET-INVESTMENT-INCOME> 242,399
<REALIZED-GAINS-CURRENT> 94,724
<APPREC-INCREASE-CURRENT> 207,806
<NET-CHANGE-FROM-OPS> 544,928
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 165,460
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 48,253
<NUMBER-OF-SHARES-REDEEMED> 149,794
<SHARES-REINVESTED> 10,811
<NET-CHANGE-IN-ASSETS> 544,928
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (536,326)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40,772
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 138,256
<AVERAGE-NET-ASSETS> 12,443,063
<PER-SHARE-NAV-BEGIN> 15.64
<PER-SHARE-NII> 0.30
<PER-SHARE-GAIN-APPREC> 0.39
<PER-SHARE-DIVIDEND> 0.30
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 16.03
<EXPENSE-RATIO> 1.53
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 007
<NAME> E-Fund
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 17,407,542
<INVESTMENTS-AT-VALUE> 17,407,542
<RECEIVABLES> 99,734
<ASSETS-OTHER> 460,909
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 17,968,185
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 89,629
<TOTAL-LIABILITIES> 89,629
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,878,556
<SHARES-COMMON-STOCK> 17,878,556
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 17,878,556
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 400,909
<OTHER-INCOME> 36,065
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 436,974
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 436,974
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 436,974
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30,981,031
<NUMBER-OF-SHARES-REDEEMED> 24,528,585
<SHARES-REINVESTED> 343,888
<NET-CHANGE-IN-ASSETS> 436,974
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7,567
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 105,295
<AVERAGE-NET-ASSETS> 15,011,045
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.029
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.029
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This FDS is to show the breakout of
institutional shares for the Portfolio.
</LEGEND>
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 003
<NAME> Citizens Index Portfolio
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 123,405,980
<INVESTMENTS-AT-VALUE> 170,607,803
<RECEIVABLES> 224,238
<ASSETS-OTHER> 67,291
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 170,899,332
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 123,919,876
<SHARES-COMMON-STOCK> 734,470
<SHARES-COMMON-PRIOR> 683,733
<ACCUMULATED-NII-CURRENT> (517,661)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 295,295
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 47,201,823
<NET-ASSETS> 170,899,332
<DIVIDEND-INCOME> 1,351,802
<INTEREST-INCOME> 1,935
<OTHER-INCOME> 0
<EXPENSES-NET> 1,363,101
<NET-INVESTMENT-INCOME> (9,364)
<REALIZED-GAINS-CURRENT> 459,441
<APPREC-INCREASE-CURRENT> 18,908,802
<NET-CHANGE-FROM-OPS> 19,358,879
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 699,105
<DISTRIBUTIONS-OF-GAINS> 1,036,303
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,261,467
<NUMBER-OF-SHARES-REDEEMED> 750,926
<SHARES-REINVESTED> 116,136
<NET-CHANGE-IN-ASSETS> 26,395,354
<ACCUMULATED-NII-PRIOR> 690,075
<ACCUMULATED-GAINS-PRIOR> 337,149
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 391,380
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,400,423
<AVERAGE-NET-ASSETS> 155,275,914
<PER-SHARE-NAV-BEGIN> 11.00
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1.47
<PER-SHARE-DIVIDEND> 0.09
<PER-SHARE-DISTRIBUTIONS> 0.09
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.29
<EXPENSE-RATIO> 0.92
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This FDS is to show the breakout of
institutional shares for the Portfolio.
</LEGEND>
<CIK> 0000711202
<NAME> Citizens Investment Trust
<SERIES>
<NUMBER> 001
<NAME> Working Assets Money Market Portfolio
<MULTIPLIER> 1
<CURRENCY> U.S. Dollars
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<EXCHANGE-RATE> 1.000
<INVESTMENTS-AT-COST> 96,259,795
<INVESTMENTS-AT-VALUE> 96,259,795
<RECEIVABLES> 437,792
<ASSETS-OTHER> 796,731
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 97,494,318
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 423,926
<TOTAL-LIABILITIES> 423,926
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 97,070,392
<SHARES-COMMON-STOCK> 16,415,146
<SHARES-COMMON-PRIOR> 14,538,965
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 97,020,392
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,588,147
<OTHER-INCOME> 0
<EXPENSES-NET> 539,891
<NET-INVESTMENT-INCOME> 2,048,256
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,048,256
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,048,256)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 50,421,298
<NUMBER-OF-SHARES-REDEEMED> 47,881,527
<SHARES-REINVESTED> 1,345,413
<NET-CHANGE-IN-ASSETS> 4,205,379
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 166,219
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 589,491
<AVERAGE-NET-ASSETS> 94,207,766
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.025
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.025
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.49
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
Rule 497(e)
File Nos. 2-80886
811-3626
CITIZENS INCOME PORTFOLIO
CITIZENS INDEX PORTFOLIO
CITIZENS EMERGING GROWTH PORTFOLIO
CITIZENS GLOBAL EQUITY PORTFOLIO
MUIR CALIFORNIA TAX-FREE INCOME PORTFOLIO
WORKING ASSETS MONEY MARKET PORTFOLIO
THE E-FUND
Supplement dated: November 21, 1996
to Prospectus dated: September 27, 1996
ALL CITIZENS TRUST PORTFOLIOS ALLOW INVESTING IN
REPURCHASE AGREEMENTS
Consistent with our efforts to improve value to our shareholders, we now allow
investing in repurchase agreements.
The addition to the prospectus follows:
Repurchase Agreements
To allow us to earn interest on every dollar in the Portfolio, we usually invest
surplus cash overnight or for longer periods through an arrangement called a
repurchase agreement, or "repo," with a financially strong company that is
either a large stock broker or a substantial bank that is a member of the
Federal Reserve Bank. As additional security, we always require all vendors of
repurchase agreements to set aside collateral in our name in the form of
government securities equal to 102% of the value of any repurchase agreement.
However, it is important to note that while repurchase agreements are a useful
tool in managing the Portfolio, they do have some greater risk than direct
investment in securities. If a bank or a stockbroker becomes bankrupt, or
otherwise defaults after selling us a repurchase agreement, we may suffer some
delay and expense in liquidating our collateral or have a loss of principal or
interest. However, in any default, the resold securities are expected to provide
collateral sufficient to cover the amount of the repurchase agreement, so we do
not feel these risks outweigh the benefits of repurchase agreements."
Rule 497(e)
File Nos. 2-80886
811-3626
Institutional Shares
CITIZENS INDEX PORTFOLIO
WORKING ASSETS MONEY MARKET PORTFOLIO
Supplement dated: November 21, 1996
to Prospectus dated: September 27, 1996
ALL CITIZENS TRUST PORTFOLIOS ALLOW INVESTING IN
REPURCHASE AGREEMENTS
Consistent with our efforts to improve value to our shareholders, we now allow
investing in repurchase agreements.
The addition to the prospectus follows:
Repurchase Agreements
To allow us to earn interest on every dollar in the Portfolio, we usually invest
surplus cash overnight or for longer periods through an arrangement called a
repurchase agreement, or "repo," with a financially strong company that is
either a large stock broker or a substantial bank that is a member of the
Federal Reserve Bank. As additional security, we always require all vendors of
repurchase agreements to set aside collateral in our name in the form of
government securities equal to 102% of the value of any repurchase agreement.
However, it is important to note that while repurchase agreements are a useful
tool in managing the Portfolio, they do have some greater risk than direct
investment in securities. If a bank or a stockbroker becomes bankrupt, or
otherwise defaults after selling us a repurchase agreement, we may suffer some
delay and expense in liquidating our collateral or have a loss of principal or
interest. However, in any default, the resold securities are expected to provide
collateral sufficient to cover the amount of the repurchase agreement, so we do
not feel these risks outweigh the benefits of repurchase agreements."
