GRADISON GROWTH TRUST
NSAR-A, 1998-11-25
Previous: SCUDDER STATE TAX FREE TRUST, N-30D, 1998-11-25
Next: SMITH BARNEY SHEARSON AGGRESSIVE GROWTH FUND INC, 485BPOS, 1998-11-25



<PAGE>      PAGE  1
000 A000000 09/30/98
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  4
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 C020300 GROWTH & INCOME FUND
007 C030300 N
007 C010400  4
007 C020400 INTERNATIONAL FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
011 A00AA01 MCDONALD & COMPANY SECURITIES, INC.
011 B00AA01 8-30177
011 C01AA01 CINCINNATI
011 C02AA01 OH
011 C03AA01 45202
011 C04AA01 3198
012 A00AA01 MCDONALD & COMPANY
012 B00AA01 84-01399
012 C01AA01 CINCINNATI
012 C02AA01 OH
<PAGE>      PAGE  2
012 C03AA01 45202
012 C04AA01 3198
013 A00AA01 ARTHUR ANDERSEN LLP
013 B01AA01 CINCINNATI
013 B02AA01 OH
013 B03AA01 45202
013 B04AA01 3912
014 A00AA01 MCDONALD & COMPANY SECURITIES, INC.
014 B00AA01 8-30177
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    7
019 C00AA00 GRADMUTFND
020 A000001 PRUDENTIAL SECURITIES
020 B000001 22-2347336
020 C000001    114
020 A000002 DONALDSON LUFKIN & JENRETTE
020 B000002 13-2741729
020 C000002    111
020 A000003 SALOMON-SMITH
020 B000003 13-2919773
020 C000003    111
020 A000004 PAINE WEBBER
020 B000004 13-2638166
020 C000004     36
020 A000005 BEAR STEARNS
020 B000005 13-3286161
020 C000005     35
020 A000006 JEFFRIES & CO
020 C000006     24
020 A000007 MERRILL LYNCH
020 B000007 13-3180817
020 C000007     10
020 A000008 CHEVEREAUX
020 C000008      4
020 A000009 HSBC
020 B000009 13-2650272
020 C000009      3
020 A000010 INTERMOBILIARE
020 C000010      2
021  000000      464
022 A000001 FIRST UNION CAPITAL MARKETS
022 B000001 56-1529080
022 C000001   7944429
022 D000001         0
022 A000002 FIRST CHICAGO CAPITAL MARKETS
022 B000002 36-3595942
022 C000002   1813201
022 D000002         0
022 A000003 GOLDMAN SACHS
022 B000003 13-5108880
<PAGE>      PAGE  3
022 C000003     82075
022 D000003         0
022 A000004 GENERAL ELECTRIC CAPITAL
022 B000004 13-5108880
022 C000004     72329
022 D000004         0
022 A000005 JEFFRIES & COMPANY
022 C000005     12628
022 D000005      6200
022 A000006 SMITH BARNEY/SALOMON
022 B000006 13-2919773
022 C000006      1511
022 D000006     16533
022 A000007 BEAR STEARNS
022 B000007 13-3286161
022 C000007      5458
022 D000007         0
022 A000008 PRUDENTIAL BACHE
022 B000008 22-2347336
022 C000008      3152
022 D000008         0
022 A000009 PAINE WEBBER
022 B000009 13-2638166
022 C000009         0
022 D000009       503
022 A000010 MERRILL LYNCH
022 B000010 13-3180817
022 C000010       465
022 D000010         0
023 C000000    9936398
023 D000000      23239
024  00AA00 N
025 D00AA01       0
025 D00AA02       0
025 D00AA03       0
025 D00AA04       0
025 D00AA05       0
025 D00AA06       0
025 D00AA07       0
025 D00AA08       0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
<PAGE>      PAGE  4
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 Y
041  00AA00 Y
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00     1000
062 A00AA00 N
062 B00AA00   0.0
062 C00AA00   0.0
062 D00AA00   0.0
062 E00AA00   0.0
062 F00AA00   0.0
062 G00AA00   0.0
062 H00AA00   0.0
062 I00AA00   0.0
062 J00AA00   0.0
062 K00AA00   0.0
062 L00AA00   0.0
<PAGE>      PAGE  5
062 M00AA00   0.0
062 N00AA00   0.0
062 O00AA00   0.0
062 P00AA00   0.0
062 Q00AA00   0.0
062 R00AA00   0.0
063 A00AA00   0
063 B00AA00  0.0
077 A000000 N
078  000000 N
080 C00AA00        0
081 B00AA00   0
082 B00AA00        0
083 B00AA00        0
084 B00AA00        0
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000101 MCDONALD & COMPANY SECURITIES, INC.
008 B000101 A
008 C000101 801-11037
008 D010101 CINCINNATI
008 D020101 OH
008 D030101 45202
008 D040101 3198
015 A000101 STAR BANK N.A.
015 B000101 C
015 C010101 CINCINNATI
015 C020101 OH
015 C030101 45202
015 E010101 X
015 A000102 BANKERS TRUST
015 B000102 S
015 C010102 NEW YORK
015 C020102 NY
015 C030102 10017
015 E010102 X
028 A010100     16334
028 A020100         0
028 A030100         0
028 A040100     15533
<PAGE>      PAGE  6
028 B010100     13202
028 B020100         0
028 B030100         0
028 B040100     14569
028 C010100     17832
028 C020100     17661
028 C030100         0
028 C040100     25130
028 D010100     39364
028 D020100         0
028 D030100         0
028 D040100     38108
028 E010100     19798
028 E020100         0
028 E030100         0
028 E040100     26211
028 F010100     32984
028 F020100      1640
028 F030100         0
028 F040100     36260
028 G010100    139514
028 G020100     19301
028 G030100         0
028 G040100    155811
028 H000100         0
042 A000100   0
042 B000100   0
042 C000100   0
042 D000100 100
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100   1306
044  000100      0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
048 A010100   100000
048 A020100 0.650
048 B010100   100000
048 B020100 0.550
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
<PAGE>      PAGE  7
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100   200000
048 K020100 0.450
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 N
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 Y
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
<PAGE>      PAGE  8
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100    123324
071 B000100     71136
071 C000100    396940
071 D000100   18
072 A000100  6
072 B000100     3813
072 C000100     2664
072 D000100        0
072 E000100        0
072 F000100     1367
072 G000100        0
072 H000100        0
072 I000100      206
072 J000100       15
072 K000100        0
072 L000100        6
072 M000100        5
072 N000100       17
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100        8
072 S000100        3
072 T000100     1306
072 U000100        0
072 V000100        0
072 W000100       16
072 X000100     2949
072 Y000100        0
072 Z000100     3528
072AA000100    35085
072BB000100     5431
072CC010100        0
072CC020100   112417
072DD010100     3667
072DD020100        0
072EE000100    16117
073 A010100   0.2200
073 A020100   0.0000
073 B000100   0.9800
<PAGE>      PAGE  9
073 C000100   0.0000
074 A000100      148
074 B000100    23130
074 C000100    65819
074 D000100        0
074 E000100        0
074 F000100   385916
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100      783
074 M000100       12
074 N000100   475808
074 O000100        0
074 P000100      413
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     4156
074 S000100        0
074 T000100   471239
074 U010100    16792
074 U020100        0
074 V010100    28.06
074 V020100     0.00
074 W000100   0.0000
074 X000100    16756
074 Y000100        0
075 A000100        0
075 B000100   539019
076  000100     0.00
008 A000201 MCDONALD & COMPANY SECURITIES INC.
008 B000201 A
008 C000201 801-11037
008 D010201 CINCINNATI
008 D020201 OH
008 D030201 45202
008 D040201 3198
015 A000201 STAR BANK N.A.
015 B000201 C
015 C010201 CINCINNATI
015 C020201 OH
015 C030201 45202
015 E010201 X
015 A000202 BANKERS TRUST
015 B000202 S
015 C010202 NEW YORK
015 C020202 NY
<PAGE>      PAGE  10
015 C030202 10017
015 E010202 X
028 A010200     11574
028 A020200         0
028 A030200         0
028 A040200      7852
028 B010200     10514
028 B020200      6956
028 B030200         0
028 B040200     10153
028 C010200     10037
028 C020200         0
028 C030200         0
028 C040200      9313
028 D010200     21354
028 D020200         0
028 D030200         0
028 D040200     18596
028 E010200     18625
028 E020200         0
028 E030200         0
028 E040200     24001
028 F010200     26682
028 F020200         0
028 F030200         0
028 F040200     26847
028 G010200     98786
028 G020200      6956
028 G030200         0
028 G040200     96762
028 H000200         0
042 A000200   0
042 B000200   0
042 C000200   0
042 D000200 100
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200    412
044  000200      0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.000
048 A010200   100000
048 A020200 0.650
048 B010200   100000
048 B020200 0.550
048 C010200        0
048 C020200 0.000
<PAGE>      PAGE  11
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200   200000
048 K020200 0.450
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 N
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
<PAGE>      PAGE  12
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200     40935
071 B000200     14627
071 C000200    118311
071 D000200   12
072 A000200  6
072 B000200     1253
072 C000200      498
072 D000200        0
072 E000200        0
072 F000200      503
072 G000200        0
072 H000200        0
072 I000200       99
072 J000200       10
072 K000200        0
072 L000200        6
072 M000200        4
072 N000200       16
072 O000200        0
072 P000200        0
072 Q000200        0
072 R000200        6
072 S000200        2
072 T000200      412
072 U000200        0
072 V000200        0
072 W000200        2
072 X000200     1060
072 Y000200        0
072 Z000200      691
072AA000200     5962
072BB000200     4563
072CC010200        0
072CC020200    42713
<PAGE>      PAGE  13
072DD010200      567
072DD020200        0
072EE000200     6495
073 A010200   0.0900
073 A020200   0.0000
073 B000200   1.0300
073 C000200   0.0000
074 A000200        0
074 B000200    10330
074 C000200    16455
074 D000200        0
074 E000200        0
074 F000200   112079
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200      201
074 M000200       29
074 N000200   139094
074 O000200        0
074 P000200      145
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200     1970
074 S000200        0
074 T000200   136979
074 U010200     6659
074 U020200        0
074 V010200    20.57
074 V020200     0.00
074 W000200   0.0000
074 X000200     7945
074 Y000200        0
075 A000200        0
075 B000200   164165
076  000200     0.00
008 A000301 MCDONALD & COMPANY
008 B000301 A
008 C000301 801-11037
008 D010301 CINCINNATI
008 D020301 OH
008 D030301 45202
008 D040301 3198
015 A000301 STAR BANK N.A.
015 B000301 C
015 C010301 CINCINNATI
015 C020301 OH
<PAGE>      PAGE  14
015 C030301 45202
015 E010301 X
015 A000302 BANKERS TRUST
015 B000302 S
015 C010302 NEW YORK
015 C020302 NY
015 C030302 10017
015 E010302 X
028 A010300      3392
028 A020300         0
028 A030300         0
028 A040300      1555
028 B010300      2924
028 B020300       194
028 B030300         0
028 B040300      1272
028 C010300      2713
028 C020300         0
028 C030300         0
028 C040300       701
028 D010300      1929
028 D020300         0
028 D030300         0
028 D040300      1138
028 E010300      2192
028 E020300         0
028 E030300         0
028 E040300      1414
028 F010300      1223
028 F020300       134
028 F030300         0
028 F040300      1135
028 G010300     14373
028 G020300       328
028 G030300         0
028 G040300      7215
028 H000300         0
042 A000300   0
042 B000300   0
042 C000300   0
042 D000300 100
042 E000300   0
042 F000300   0
042 G000300   0
042 H000300   0
043  000300    155
044  000300      0
045  000300 Y
046  000300 N
047  000300 Y
048  000300  0.000
<PAGE>      PAGE  15
048 A010300   100000
048 A020300 0.650
048 B010300   100000
048 B020300 0.550
048 C010300        0
048 C020300 0.000
048 D010300        0
048 D020300 0.000
048 E010300        0
048 E020300 0.000
048 F010300        0
048 F020300 0.000
048 G010300        0
048 G020300 0.000
048 H010300        0
048 H020300 0.000
048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300   200000
048 K020300 0.450
049  000300 N
050  000300 N
051  000300 N
052  000300 N
053 A000300 N
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 Y
066 F000300 N
066 G000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
<PAGE>      PAGE  16
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300      9847
071 B000300       806
071 C000300     59238
071 D000300    1
072 A000300  6
072 B000300       50
072 C000300      651
072 D000300        0
072 E000300        0
072 F000300      201
072 G000300        0
072 H000300        0
072 I000300       55
072 J000300        2
072 K000300        0
072 L000300        2
072 M000300        5
072 N000300       12
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300        7
072 S000300        2
072 T000300      155
072 U000300        1
072 V000300        0
072 W000300        0
072 X000300      442
<PAGE>      PAGE  17
072 Y000300        0
072 Z000300      259
072AA000300      108
072BB000300       16
072CC010300        0
072CC020300     7385
072DD010300      207
072DD020300        0
072EE000300      133
073 A010300   0.0900
073 A020300   0.0000
073 B000300   0.0600
073 C000300   0.0000
074 A000300        9
074 B000300      185
074 C000300        0
074 D000300        0
074 E000300        0
074 F000300    59937
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300        0
074 K000300        0
074 L000300      161
074 M000300       18
074 N000300    60310
074 O000300        0
074 P000300       64
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300       41
074 S000300        0
074 T000300    60205
074 U010300     2339
074 U020300        0
074 V010300    25.74
074 V020300     0.00
074 W000300   0.0000
074 X000300     3818
074 Y000300        0
075 A000300        0
075 B000300    61780
076  000300     0.00
008 A000401 MCDONALD & COMPANY
008 B000401 A
008 C000401 801-11037
008 D010401 CINCINNATI
008 D020401 OH
<PAGE>      PAGE  18
008 D030401 45202
008 D040401 3198
008 A000402 BLAIRLOGIE
008 B000402 S
008 C000402 801-48185
008 D010402 EDINBURGH
008 D050402 SCOTLAND
008 D060402 EH2 3ES
015 A000401 CHASE MANHATTAN
015 B000401 C
015 C010401 LONDON
015 D010401 ENGLAND
015 D020401 EQ2P 2HD
015 E010401 X
028 A010400       864
028 A020400         0
028 A030400         0
028 A040400       512
028 B010400      1209
028 B020400         0
028 B030400         0
028 B040400       781
028 C010400      1245
028 C020400         0
028 C030400         0
028 C040400       810
028 D010400      1294
028 D020400         0
028 D030400         0
028 D040400       268
028 E010400       531
028 E020400         0
028 E030400         0
028 E040400       294
028 F010400       561
028 F020400         0
028 F030400         0
028 F040400       537
028 G010400      5704
028 G020400         0
028 G030400         0
028 G040400      3202
028 H000400         0
042 A000400   0
042 B000400   0
042 C000400   0
042 D000400 100
042 E000400   0
042 F000400   0
042 G000400   0
042 H000400   0
<PAGE>      PAGE  19
043  000400     86
044  000400      0
045  000400 Y
046  000400 Y
047  000400 Y
048  000400  0.000
048 A010400   100000
048 A020400 1.000
048 B010400   150000
048 B020400 0.900
048 C010400   250000
048 C020400 0.800
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400   500000
048 K020400 0.750
049  000400 N
050  000400 N
051  000400 N
052  000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 Y
066 E000400 N
066 F000400 N
066 G000400 N
067  000400 N
068 A000400 N
068 B000400 Y
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
<PAGE>      PAGE  20
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 Y
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
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      8732
071 B000400      5571
071 C000400     30943
071 D000400   18
072 A000400  6
072 B000400       60
072 C000400      410
072 D000400        0
072 E000400        0
072 F000400      172
072 G000400        0
072 H000400        0
072 I000400       54
072 J000400       37
072 K000400        0
072 L000400        1
072 M000400        3
072 N000400        8
072 O000400        0
072 P000400        0
<PAGE>      PAGE  21
072 Q000400        0
072 R000400       11
072 S000400        3
072 T000400       86
072 U000400        2
072 V000400        0
072 W000400        0
072 X000400      377
072 Y000400       34
072 Z000400      127
072AA000400      738
072BB000400        0
072CC010400        0
072CC020400     6801
072DD010400        0
072DD020400        0
072EE000400        0
073 A010400   0.0000
073 A020400   0.0000
073 B000400   0.0000
073 C000400   0.0000
074 A000400     2814
074 B000400        0
074 C000400        0
074 D000400        0
074 E000400      655
074 F000400    26887
074 G000400        0
074 H000400        0
074 I000400        0
074 J000400      176
074 K000400        0
074 L000400      119
074 M000400       31
074 N000400    30682
074 O000400      504
074 P000400      110
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400      223
074 S000400        0
074 T000400    29845
074 U010400     1868
074 U020400        0
074 V010400    15.98
074 V020400     0.00
074 W000400   0.0000
074 X000400     2435
074 Y000400        0
<PAGE>      PAGE  22
075 A000400        0
075 B000400    34200
076  000400     0.00
SIGNATURE   RICHARD M. WACHTERMAN                        
TITLE       SECRETARY           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000720492
<NAME> GRADISON GROWTH TRUST
<SERIES>
   <NUMBER> 1
   <NAME> ESTABLISHED VALUE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                      381,987,699
<INVESTMENTS-AT-VALUE>                     474,865,020
<RECEIVABLES>                                  783,500
<ASSETS-OTHER>                                 160,127
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             475,808,647
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,569,284
<TOTAL-LIABILITIES>                          4,569,284
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   349,813,290
<SHARES-COMMON-STOCK>                       16,791,768
<SHARES-COMMON-PRIOR>                       16,713,114
<ACCUMULATED-NII-CURRENT>                      166,828
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     28,381,924
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    92,877,321
<NET-ASSETS>                               471,239,363
<DIVIDEND-INCOME>                            2,664,466
<INTEREST-INCOME>                            3,812,693
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,949,351
<NET-INVESTMENT-INCOME>                      3,527,808
<REALIZED-GAINS-CURRENT>                    29,654,308
<APPREC-INCREASE-CURRENT>                (112,416,595)
<NET-CHANGE-FROM-OPS>                     (79,234,479)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    3,666,827
<DISTRIBUTIONS-OF-GAINS>                  16,117,209

<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4425284
<NUMBER-OF-SHARES-REDEEMED>                    4947469
<SHARES-REINVESTED>                             600839
<NET-CHANGE-IN-ASSETS>                      (96015189)
<ACCUMULATED-NII-PRIOR>                         305847
<ACCUMULATED-GAINS-PRIOR>                     14844825
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1366527
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                2951125
<AVERAGE-NET-ASSETS>                         539019385
<PER-SHARE-NAV-BEGIN>                           33.941
<PER-SHARE-NII>                                   .212
<PER-SHARE-GAIN-APPREC>                        (4.889)
<PER-SHARE-DIVIDEND>                              .220
<PER-SHARE-DISTRIBUTIONS>                         .980
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             28.064
<EXPENSE-RATIO>                                   1.09
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000720492
<NAME> GRADISON GROWTH TRUST
<SERIES>
   <NUMBER> 2
   <NAME> OPPORTUNITY VALUE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                        122524263
<INVESTMENTS-AT-VALUE>                       138864001
<RECEIVABLES>                                   201150
<ASSETS-OTHER>                                   28871
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               139094022
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      2115342
<TOTAL-LIABILITIES>                            2115342
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     118943957
<SHARES-COMMON-STOCK>                          6658785
<SHARES-COMMON-PRIOR>                          6298471
<ACCUMULATED-NII-CURRENT>                       329976
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        1365009
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      16339738
<NET-ASSETS>                                 136978680
<DIVIDEND-INCOME>                               497525
<INTEREST-INCOME>                              1253300
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1059790
<NET-INVESTMENT-INCOME>                         691035
<REALIZED-GAINS-CURRENT>                       1398609
<APPREC-INCREASE-CURRENT>                   (42712653)
<NET-CHANGE-FROM-OPS>                       (40623009)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       567485
<DISTRIBUTIONS-OF-GAINS>                       6494547
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4118561
<NUMBER-OF-SHARES-REDEEMED>                    4034930
<SHARES-REINVESTED>                             276683
<NET-CHANGE-IN-ASSETS>                      (38705569)
<ACCUMULATED-NII-PRIOR>                         206426
<ACCUMULATED-GAINS-PRIOR>                      6460947
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           502828
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1061164
<AVERAGE-NET-ASSETS>                         164165091
<PER-SHARE-NAV-BEGIN>                           27.893
<PER-SHARE-NII>                                   .107
<PER-SHARE-GAIN-APPREC>                        (6.309)
<PER-SHARE-DIVIDEND>                               .09
<PER-SHARE-DISTRIBUTIONS>                         1.03
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             20.571
<EXPENSE-RATIO>                                   1.29
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000720492
<NAME> GRADISON GROWTH TRUST
<SERIES>
   <NUMBER> 3
   <NAME> GROWTH AND INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                         51795699
<INVESTMENTS-AT-VALUE>                        60121563
<RECEIVABLES>                                   160772
<ASSETS-OTHER>                                   27650
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                60309985
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       104705
<TOTAL-LIABILITIES>                             104705
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      51737592
<SHARES-COMMON-STOCK>                          2338810
<SHARES-COMMON-PRIOR>                          2072968
<ACCUMULATED-NII-CURRENT>                        56694
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          85130
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       8325864
<NET-ASSETS>                                  60205280
<DIVIDEND-INCOME>                               651657
<INTEREST-INCOME>                                49760
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  442074
<NET-INVESTMENT-INCOME>                         259343
<REALIZED-GAINS-CURRENT>                         91967
<APPREC-INCREASE-CURRENT>                    (7384830)
<NET-CHANGE-FROM-OPS>                        (7033520)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       206550
<DISTRIBUTIONS-OF-GAINS>                        132856
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         516463
<NUMBER-OF-SHARES-REDEEMED>                     262708
<SHARES-REINVESTED>                              12087
<NET-CHANGE-IN-ASSETS>                          114128
<ACCUMULATED-NII-PRIOR>                           3901
<ACCUMULATED-GAINS-PRIOR>                       126019
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           201334
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 443360
<AVERAGE-NET-ASSETS>                          61779605
<PER-SHARE-NAV-BEGIN>                           28.988
<PER-SHARE-NII>                                   .112
<PER-SHARE-GAIN-APPREC>                        (3.208)
<PER-SHARE-DIVIDEND>                               .09
<PER-SHARE-DISTRIBUTIONS>                          .06
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             25.742
<EXPENSE-RATIO>                                   1.43
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000720492
<NAME> GRADISON GROWTH TRUST
<SERIES>
   <NUMBER> 4
   <NAME> INTERNATIONAL FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                         27789237
<INVESTMENTS-AT-VALUE>                        27542316
<RECEIVABLES>                                   295235
<ASSETS-OTHER>                                 2844702
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                30682253
<PAYABLE-FOR-SECURITIES>                        504564
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       332984
<TOTAL-LIABILITIES>                             837548
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      29950912
<SHARES-COMMON-STOCK>                          1867823
<SHARES-COMMON-PRIOR>                          1739146
<ACCUMULATED-NII-CURRENT>                       139879
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         196992
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (443078)
<NET-ASSETS>                                  29844705
<DIVIDEND-INCOME>                               410379
<INTEREST-INCOME>                                59761
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  342940
<NET-INVESTMENT-INCOME>                         127200
<REALIZED-GAINS-CURRENT>                        737686
<APPREC-INCREASE-CURRENT>                    (6800768)
<NET-CHANGE-FROM-OPS>                        (5935882)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         298590
<NUMBER-OF-SHARES-REDEEMED>                     169913
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       (3433471)
<ACCUMULATED-NII-PRIOR>                          12679
<ACCUMULATED-GAINS-PRIOR>                     (540694)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           171470
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 377068
<AVERAGE-NET-ASSETS>                          34200300
<PER-SHARE-NAV-BEGIN>                           19.134
<PER-SHARE-NII>                                   .068
<PER-SHARE-GAIN-APPREC>                        (3.224)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             15.978
<EXPENSE-RATIO>                                   2.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission