GRADISON GROWTH TRUST
NSAR-B, 1994-06-27
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<PAGE>      PAGE  1
000 B000000 04/30/94
000 C000000 0000720492
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 GRADISON GROWTH TRUST
001 B000000 811-3760
001 C000000 5135795076
002 A000000 580 WALNUT STREET
002 B000000 CINCINNATI
002 C000000 OH
002 D010000 45202
002 D020000 3198
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 ESTABLISHED VALUE FUND
007 C030100 N
007 C010200  2
007 C020200 OPPORTUNITY VALUE FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 MCDONALD & COMPANY SECURITIES, INC.
008 B00AA01 A
008 C00AA01 801-11037
008 D01AA01 CINCINNATI
008 D02AA01 OH
008 D03AA01 45202
008 D04AA01 3198
011 A00AA01 MCDONALD & COMPANY SECURITIES, INC.
011 B00AA01 8-30177
011 C01AA01 CINCINNATI
011 C02AA01 OH
011 C03AA01 45202
011 C04AA01 3198
013 A00AA01 ARTHUR ANDERSEN & COMPANY
<PAGE>      PAGE  2
013 B01AA01 CINCINNATI
013 B02AA01 OH
013 B03AA01 45202
013 B04AA01 3912
014 A00AA01 MCDONALD & COMPANY SECURITIES, INC.
014 B00AA01 8-30177
015 A00AA01 STAR BANK N.A.
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45202
015 E01AA01 X
015 A00AA02 BANKERS TRUST
015 B00AA02 S
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 10017
015 E01AA02 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    6
019 C00AA00 GRADMUTFND
020 A000001 SALOMON BROS.
020 B000001 13-3082694
020 C000001    103
020 A000002 PRUDENTIAL BACHE
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020 C000002     67
020 A000003 BEAR STEARNS
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020 C000003     64
020 A000004 MERRILL LYNCH CAP MARKETS
020 B000004 13-3180817
020 C000004     40
020 A000005 GOLDMAN SACHS EQUITY
020 B000005 13-5108880
020 C000005     20
020 A000006 DONALDSON LUFKIN & JENERETTE
020 B000006 13-2741729
020 C000006      8
020 A000007 CONTINENTAL BANK
020 B000007 36-0947896
020 C000007      2
020 C000008      0
020 C000009      0
020 C000010      0
021  000000      304
022 A000001 FIRST NATIONAL BANK OF CHICAGO
022 B000001 36-3595942
022 C000001   3922007
022 D000001         0
<PAGE>      PAGE  3
022 A000002 FUJI SECURITIES
022 B000002 36-2880742
022 C000002   3006516
022 D000002     39758
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022 B000003 13-2655998
022 C000003   1514821
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022 B000005 13-5108880
022 C000005    332941
022 D000005         0
022 A000006 NATIONSBANK OF NORTH CAROLINA
022 B000006 56-0927416
022 C000006    254258
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022 B000007 13-3180817
022 C000007     96696
022 D000007      1699
022 A000008 CIGNA
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022 C000008     22900
022 D000008         0
022 A000009 FIFTH-THIRD BANK
022 B000009 31-0854433
022 C000009     13965
022 D000009      6983
022 A000010 J.P. MORGAN
022 B000010 13-3224016
022 C000010      8965
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
052  00AA00 N
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054 C00AA00 N
054 D00AA00 N
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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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SIGNATURE   RICHARD M. WACHTERMAN                        
TITLE       SECRETARY           
 


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