<PAGE> PAGE 1
000 A000000 05/31/97
000 C000000 0000729528
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 AMERICAN VARIABLE INSURANCE SERIES
001 B000000 811-3857
001 C000000 2134869200
002 A000000 333 SOUTH HOPE STREET
002 B000000 LOS ANGELES
002 C000000 CA
002 D010000 90071
002 D020000 1406
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 9
007 C010100 1
007 C020100 GROWTH FUND
007 C030100 N
007 C010200 2
007 C020200 GROWTH-INCOME FUND
007 C030200 N
007 C010300 3
007 C020300 ASSET ALLOCATION FUND
007 C030300 N
007 C010400 4
007 C020400 HIGH-YIELD BOND FUND
007 C030400 N
007 C010500 5
007 C020500 U.S. GOVERNMENT/AAA RATED SECURITIES FUND
007 C030500 N
007 C010600 6
007 C020600 CASH MANAGEMENT FUND
007 C030600 N
007 C010700 7
007 C020700 INTERNATIONAL FUND
007 C030700 N
007 C010800 8
007 C020800 BOND FUND
007 C030800 N
007 C010900 9
007 C020900 GLOBAL GROWTH FUND
007 C030900 N
007 C011000 10
<PAGE> PAGE 2
008 A00AA01 CAPITAL RESEARCH AND MANAGEMENT COMPANY
008 B00AA01 A
008 C00AA01 801-8055
008 D01AA01 LOS ANGELES
008 D02AA01 CA
008 D03AA01 90071
012 A00AA01 AMERICAN FUNDS SERVICE COMPANY
012 B00AA01 84-00316
012 C01AA01 BREA
012 C02AA01 CA
012 C03AA01 92821
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 LOS ANGELES
013 B02AA01 CA
013 B03AA01 90071
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02101
015 E01AA01 X
015 A00AA02 WESTPAC BANKING CORPORATION
015 B00AA02 S
015 C01AA02 SYDNEY NSW
015 D01AA02 AUSTRALIA
015 D02AA02 2000
015 E04AA02 X
015 A00AA03 GIROCREDIT BANK-AKTIENGESELLSCHAFT DER SPARKA
015 B00AA03 S
015 C01AA03 VIENNA
015 D01AA03 AUSTRIA
015 D02AA03 1011
015 E04AA03 X
015 A00AA04 STANDARD CHARTERED BANK
015 B00AA04 S
015 C01AA04 DHAKA
015 D01AA04 BANGLADESH
015 D02AA04 1000
015 E04AA04 X
015 A00AA05 GENERAL BANK
015 B00AA05 S
015 C01AA05 BRUSSELS
015 D01AA05 BELGIUM
015 D02AA05 1000
015 E04AA05 X
015 A00AA06 BARCLAYS BANK OF BOTSWANA LIMITED
015 B00AA06 S
015 C01AA06 GABORONE
015 D01AA06 BOTSWANA
015 E04AA06 X
015 A00AA07 CANADA TRUSTCO MORTGAGE COMPANY
<PAGE> PAGE 3
015 B00AA07 S
015 C01AA07 TORONTO, ONTARIO
015 D01AA07 CANADA
015 D02AA07 M5J 2T2
015 E04AA07 X
015 A00AA08 HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B00AA08 S
015 C01AA08 SHANGHAI
015 D01AA08 CHINA
015 E04AA08 X
015 A00AA09 HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B00AA09 S
015 C01AA09 SHENZHEN
015 D01AA09 CHINA
015 E04AA09 X
015 A00AA10 CITITRUST, COLOMBIA S.A. SOCIEDAD FIDUCIARIA
015 B00AA10 S
015 C01AA10 SANTAFE DE BOGOTA
015 D01AA10 COLOMBIA
015 E04AA10 X
015 A00AA11 BARCLAYS BANK PLC
015 B00AA11 S
015 C01AA11 NICOSIA
015 D01AA11 CYPRUS
015 E04AA11 X
015 A00AA12 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B00AA12 S
015 C01AA12 PRAGUE
015 D01AA12 CZECH REPUBLIC
015 D02AA12 115 20
015 E04AA12 X
015 A00AA13 DEN DANSKE BANK
015 B00AA13 S
015 C01AA13 COPENHAGEN
015 D01AA13 DENMARK
015 D02AA13 DK-1092
015 E04AA13 X
015 A00AA14 NATIONAL BANK OF EGYPT
015 B00AA14 S
015 C01AA14 CAIRO
015 D01AA14 EGYPT
015 E04AA14 X
015 A00AA15 MERITA BANK LTD
015 B00AA15 S
015 C01AA15 HELSINKI
015 D01AA15 FINLAND
015 D02AA15 00500
015 E04AA15 X
015 A00AA16 BANQUE PARIBAS
015 B00AA16 S
015 C01AA16 PARIS
<PAGE> PAGE 4
015 D01AA16 FRANCE
015 D02AA16 75078
015 E04AA16 X
015 A00AA17 DRESDNER BANK AG
015 B00AA17 S
015 C01AA17 FRANKFURT
015 D01AA17 GERMANY
015 D02AA17 D-6000
015 E04AA17 X
015 A00AA18 BARCLAYS BANK OF GHANA LIMITED
015 B00AA18 S
015 C01AA18 ACCRA
015 D01AA18 GHANA
015 E04AA18 X
015 A00AA19 NATIONAL BANK OF GREECE
015 B00AA19 S
015 C01AA19 ATHENS
015 D01AA19 GREECE
015 D02AA19 105 59
015 E04AA19 X
015 A00AA20 STANDARD CHARTERED BANK
015 B00AA20 S
015 C01AA20 HONG KONG
015 D01AA20 HONG KONG
015 E04AA20 X
015 A00AA21 CITIBANK BUDAPEST RT.
015 B00AA21 S
015 C01AA21 BUDAPEST
015 D01AA21 HUNGARY
015 E04AA21 X
015 A00AA22 DEUTSCHE BANK AG
015 B00AA22 S
015 C01AA22 BOMBAY
015 D01AA22 INDIA
015 D02AA22 400-001
015 E04AA22 X
015 A00AA23 STANDARD CHARTERED BANK
015 B00AA23 S
015 C01AA23 JAKARTA
015 D01AA23 INDONESIA
015 D02AA23 10220
015 E04AA23 X
015 A00AA24 BANK OF IRELAND
015 B00AA24 S
015 C01AA24 DUBLIN
015 D01AA24 IRELAND
015 D02AA24 1
015 E04AA24 X
015 A00AA25 BANK HAPOALIM B.M.
015 B00AA25 S
015 C01AA25 TEL AVIV
<PAGE> PAGE 5
015 D01AA25 ISRAEL
015 D02AA25 63432
015 E04AA25 X
015 A00AA26 THE SUMITOMO TRUST & BANKING CO. LTD.
015 B00AA26 S
015 C01AA26 TOKYO
015 D01AA26 JAPAN
015 D02AA26 103
015 E04AA26 X
015 A00AA27 THE BRITISH BANK OF THE MIDDLE EAST
015 B00AA27 S
015 C01AA27 AMMAN
015 D01AA27 JORDAN
015 E04AA27 X
015 A00AA28 BARCLAYS BANK OF KENYA LIMITED
015 B00AA28 S
015 C01AA28 NAIROBI
015 D01AA28 KENYA
015 E04AA28 X
015 A00AA29 STANDARD CHARTERED BANK MALAYSIA
015 B00AA29 S
015 C01AA29 KUALA LUMPUR
015 D01AA29 MALAYSIA
015 D02AA29 50450
015 E04AA29 X
015 A00AA30 BANQUE COMMERCIALE DU MAROC
015 B00AA30 S
015 C01AA30 CASABLANCA
015 D01AA30 MOROCCO
015 E04AA30 X
015 A00AA31 MEES PIERSON N.V.
015 B00AA31 S
015 C01AA31 AMSTERDAM
015 D01AA31 NETHERLANDS
015 D02AA31 1000
015 E04AA31 X
015 A00AA32 ANZ BANKING GROUP LIMITED
015 B00AA32 S
015 C01AA32 WELLINGTON
015 D01AA32 NEW ZEALAND
015 E04AA32 X
015 A00AA33 CHRISTIANIA BANK OG KREDITKASSE
015 B00AA33 S
015 C01AA33 OSLO
015 D01AA33 NORWAY
015 D02AA33 0368
015 E04AA33 X
015 A00AA34 DEUTSCHE BANK
015 B00AA34 S
015 C01AA34 KARACHI
015 D01AA34 PAKISTAN
<PAGE> PAGE 6
015 D02AA34 74000
015 E04AA34 X
015 A00AA35 STANDARD CHARTERED BANK
015 B00AA35 S
015 C01AA35 MAKATI,METRO MANILA
015 D01AA35 PHILIPPINES
015 E04AA35 X
015 A00AA36 CITIBANK POLAND S.A.
015 B00AA36 S
015 C01AA36 WARSAW
015 D01AA36 POLAND
015 D02AA36 00-082
015 E04AA36 X
015 A00AA37 BANCO COMERCIAL PORTUGUES
015 B00AA37 S
015 C01AA37 LISBON
015 D01AA37 PORTUGAL
015 D02AA37 1000
015 E04AA37 X
015 A00AA38 DEVELOPMENT BANK OF SINGAPORE
015 B00AA38 S
015 C01AA38 SINGAPORE
015 D01AA38 SINGAPORE
015 D02AA38 0104
015 E04AA38 X
015 A00AA39 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B00AA39 S
015 C01AA39 JOHANNESBURG
015 D01AA39 SOUTH AFRICA
015 D02AA39 2001
015 E04AA39 X
015 A00AA40 BANK OF SEOUL
015 B00AA40 S
015 C01AA40 SEOUL
015 D01AA40 SOUTH KOREA
015 E04AA40 X
015 A00AA41 BANCO SANTANDER
015 B00AA41 S
015 C01AA41 MADRID
015 D01AA41 SPAIN
015 D02AA41 28022
015 E04AA41 X
015 A00AA42 HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B00AA42 S
015 C01AA42 COLOMBO
015 D01AA42 SRI LANKA
015 D02AA42 1
015 E04AA42 X
015 A00AA43 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA43 S
015 C01AA43 STOCKHOLM
<PAGE> PAGE 7
015 D01AA43 SWEDEN
015 D02AA43 S-106 40
015 E04AA43 X
015 A00AA44 UNION BANK OF SWITZERLAND
015 B00AA44 S
015 C01AA44 ZURICH
015 D01AA44 SWITZERLAND
015 D02AA44 8021
015 E04AA44 X
015 A00AA45 CENTRAL TRUST OF CHINA
015 B00AA45 S
015 C01AA45 TAIPEI
015 D01AA45 TAIWAN
015 D02AA45 10006
015 E04AA45 X
015 A00AA46 STANDARD CHARTERED BANK
015 B00AA46 S
015 C01AA46 BANGKOK
015 D01AA46 THAILAND
015 D02AA46 10500
015 E04AA46 X
015 A00AA47 BANQUE PARIBAS
015 B00AA47 S
015 C01AA47 MILAN
015 D01AA47 ITALY
015 E04AA47 X
015 A00AA48 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B00AA48 S
015 C01AA48 HARARE
015 D01AA48 ZIMBABWE
015 E04AA48 X
015 A00AA49 RESERVE BANK INFORMATION & TRANSFER SYSTEM
015 B00AA49 S
015 C01AA49 SYDNEY, NSW
015 D01AA49 AUSTRALIA
015 D02AA49 2000
015 E04AA49 X
015 A00AA50 HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B00AA50 S
015 C01AA50 PORT LOUIS
015 D01AA50 MAURITIUS
015 E04AA50 X
015 A00AA51 CITIBANK MEXICO, S.A.
015 B00AA51 S
015 C01AA51 MEXICO CITY
015 D01AA51 MEXICO
015 D02AA51 06695
015 E04AA51 X
015 A00AA52 CESKOSLOVENSKA OBCHODNA BANKA A.S.
015 B00AA52 S
015 C01AA52 BRATISLAVA
<PAGE> PAGE 8
015 D01AA52 SLOVAK REPUBLIC
015 D02AA52 812 25
015 E04AA52 X
015 A00AA53 BARCLAYS BANK OF SWAZILAND
015 B00AA53 S
015 C01AA53 MBABANE
015 D01AA53 SWAZILAND
015 E04AA53 X
015 A00AA54 CAJA DE VALORES S.A.
015 B00AA54 S
015 C01AA54 BUENOS AIRES
015 D01AA54 ARGENTINA
015 D02AA54 1353
015 E04AA54 X
015 A00AA55 AUSTRACLEAR LTD.
015 B00AA55 S
015 C01AA55 SYDNEY NSW
015 D01AA55 AUSTRALIA
015 D02AA55 2000
015 E04AA55 X
015 A00AA56 OESTERREICHISCHE KONTROLLBANK AG
015 B00AA56 S
015 C01AA56 WIEN VIENNA
015 D01AA56 AUSTRIA
015 D02AA56 1010
015 E04AA56 X
015 A00AA57 CAISSE INTERPRO-DEPOTS-VIREMENTS DE TITRES
015 B00AA57 S
015 C01AA57 BRUSSELS
015 D01AA57 BELGIUM
015 D02AA57 1000
015 E04AA57 X
015 A00AA58 BOLSA DE VALORES SAO PAULO - BOVESPA
015 B00AA58 S
015 C01AA58 SAO PAULO
015 D01AA58 BRAZIL
015 D02AA58 10.013-001
015 E04AA58 X
015 A00AA59 CANADIAN DEPOSITORY FOR SECURITIES LTD- CDS
015 B00AA59 S
015 C01AA59 TORONTO
015 D01AA59 CANADA
015 D02AA59 M5H 2C9
015 E04AA59 X
015 A00AA60 SHANGHAI SEC CNTRL CLEARING & RESITRTN-SSCCRC
015 B00AA60 S
015 C01AA60 SHANGHAI
015 D01AA60 CHINA
015 D02AA60 200080
015 E04AA60 X
015 A00AA61 SHENZHEN SECURITIES REGISTRATION CO. LTD
<PAGE> PAGE 9
015 B00AA61 S
015 C01AA61 SHENZHEN
015 D01AA61 CHINA
015 E04AA61 X
015 A00AA62 STREDISKO CENNYCH PAPIRU (SCP)
015 B00AA62 S
015 C01AA62 PRAGUE
015 D01AA62 CZECH REPUBLIC
015 D02AA62 11810
015 E04AA62 X
015 A00AA63 VAERDIPAPIRCENTRALEN (VP)
015 B00AA63 S
015 C01AA63 TAASTRUP
015 D01AA63 DENMARK
015 D02AA63 DK-2630
015 E04AA63 X
015 A00AA64 CENTRAL SHARE REGISTER OF FINLAND
015 B00AA64 S
015 C01AA64 ESPOO
015 D01AA64 FINLAND
015 E04AA64 X
015 A00AA65 SOCIETE INTERPRO-COMPENSTN-VALRS MBLR-SICOVAM
015 B00AA65 S
015 C01AA65 NOISY LE GRAND CEDEX
015 D01AA65 FRANCE
015 D02AA65 93167
015 E04AA65 X
015 A00AA66 DEUTSCHER KASSENVEREIN AG
015 B00AA66 S
015 C01AA66 FRANKFURT
015 D01AA66 GERMANY
015 D02AA66 D-60313
015 E04AA66 X
015 A00AA67 CENTRAL SECURITIES DEPOSITORY
015 B00AA67 S
015 C01AA67 ATHENS
015 D01AA67 GREECE
015 D02AA67 105 59
015 E04AA67 X
015 A00AA68 CENTRAL CLEARING AND SETTLEMENT SYSTEM-CCASS
015 B00AA68 S
015 C01AA68 HONG KONG
015 D01AA68 HONG KONG
015 E04AA68 X
015 A00AA69 CLEARING HOUSE OF THE TEL AVIV STOCK EXCHANGE
015 B00AA69 S
015 C01AA69 TEL AVIV
015 D01AA69 ISRAEL
015 D02AA69 65202
015 E04AA69 X
015 A00AA70 MONTE TITOLI S.P.A.
<PAGE> PAGE 10
015 B00AA70 S
015 C01AA70 MILANO
015 D01AA70 ITALY
015 D02AA70 20154
015 E04AA70 X
015 A00AA71 INSTITUTO-DEPOSITO DE VALORES (INDEVAL)
015 B00AA71 S
015 C01AA71 COLONIA
015 D01AA71 MEXICO
015 D02AA71 CP 06500
015 E04AA71 X
015 A00AA72 NDRLNDS-CNTRL INST.-GIRAAL EFFCTVRKR -NECIGEF
015 B00AA72 S
015 C01AA72 AMSTERDAM
015 D01AA72 NETHERLANDS
015 D02AA72 1000
015 E04AA72 X
015 A00AA73 VERDIPAPIRSENTRALEN (VPS)
015 B00AA73 S
015 C01AA73 OSLO
015 D01AA73 NORWAY
015 D02AA73 0501
015 E04AA73 X
015 A00AA74 CAJA DE VALORES (CAVAL)
015 B00AA74 S
015 C01AA74 LIMA
015 D01AA74 PERU
015 E04AA74 X
015 A00AA75 NATIONAL DEPOSITORY OF SECURITIES
015 B00AA75 S
015 C01AA75 WARSAW
015 D01AA75 POLAND
015 D02AA75 00 920
015 E04AA75 X
015 A00AA76 CENTRAL DE VALORES MOBILIARIOS
015 B00AA76 S
015 C01AA76 PORTO
015 D01AA76 PORTUGAL
015 D02AA76 4100
015 E04AA76 X
015 A00AA77 CENTRAL DEPOSITORY LTD (CDP)
015 B00AA77 S
015 C01AA77 SINGAPORE
015 D01AA77 SINGAPORE
015 D02AA77 0104
015 E04AA77 X
015 A00AA78 BANCO DE ESPANA, ANOTACIONES EN CUENTA
015 B00AA78 S
015 C01AA78 MADRID
015 D01AA78 SPAIN
015 D02AA78 28014
<PAGE> PAGE 11
015 E04AA78 X
015 A00AA79 CENTRAL DEPOSITORY SYSTEM LTD
015 B00AA79 S
015 C01AA79 COLOMBO
015 D01AA79 SRI LANKA
015 D02AA79 1
015 E04AA79 X
015 A00AA80 VARDEPAPPERSCENTRALEN (VPC)
015 B00AA80 S
015 C01AA80 SOLNA
015 D01AA80 SWEDEN
015 E04AA80 X
015 A00AA81 SCHWEIZERISCHE EFFEKTEN-GIRO AG (SEGA)
015 B00AA81 S
015 C01AA81 OLTEN
015 D01AA81 SWITZERLAND
015 D02AA81 CH-4600
015 E04AA81 X
015 A00AA82 TAIWAN SECURITIES CENTRAL DEPOSITORY CO. LTD.
015 B00AA82 S
015 C01AA82 TAIPEI
015 D01AA82 TAIWAN
015 E04AA82 X
015 A00AA83 THAILAND SECURITIES DEPOSITORY COMPANY LTD
015 B00AA83 S
015 C01AA83 BANGKOK
015 D01AA83 THAILAND
015 E04AA83 X
015 A00AA84 CEDEL S.A. EURO-CLEAR
015 B00AA84 S
015 C01AA84 DUCHESSE CHARLOTTE
015 D01AA84 LUXEMBOURG
015 D02AA84 L-1331
015 E04AA84 X
015 A00AA85 KOREA SECURITIES DEPOSITORY (KSD)
015 B00AA85 S
015 C01AA85 SEOUL
015 D01AA85 KOREA
015 E04AA85 X
015 A00AA86 SOCIETE GENERALE DE BANQUE EN COTE D'IVOIRE
015 B00AA86 S
015 C01AA86 ABIDJAN
015 D01AA86 IVORY COAST
015 D02AA86 01
015 E04AA86 X
015 A00AA87 NATIONAL BANK OF SLOVAKIA
015 B00AA87 S
015 C01AA87 BRATISLAVA
015 D01AA87 SLOVAK REPUBLIC
015 D02AA87 818 54
015 E04AA87 X
<PAGE> PAGE 12
015 A00AA88 CZECH NATIONAL BANK
015 B00AA88 S
015 C01AA88 PRAHA
015 D01AA88 CZECH REPUBLIC
015 D02AA88 110 03
015 E04AA88 X
015 A00AA89 BANQUE NATIONALE DE BELIGIQUE
015 B00AA89 S
015 C01AA89 BRUSSELS
015 D01AA89 BELGIUM
015 D02AA89 1000
015 E04AA89 X
015 A00AA90 THE CENTRAL DEPOSITORY AND CLEARING
015 B00AA90 S
015 C01AA90 BUDAPEST
015 D01AA90 HUNGARY
015 D02AA90 1075
015 E04AA90 X
015 A00AA91 THE DAIWA BANK, LTD
015 B00AA91 S
015 C01AA91 TOKYO
015 D01AA91 JAPAN
015 E04AA91 X
015 A00AA92 JAPAN SECURITIES DEPOSITORY CENTER
015 B00AA92 S
015 C01AA92 TOKYO
015 D01AA92 JAPAN
015 D02AA92 103
015 E04AA92 X
015 A00AA93 MALAYSIAN CENTRAL DEPOSITORY SDN. BHD.
015 B00AA93 S
015 C01AA93 KUALA LUMPUR
015 D01AA93 MALAYSIA
015 D02AA93 50490
015 E04AA93 X
015 A00AA94 CREDIT SUISSE
015 B00AA94 S
015 C01AA94 MOSCOW
015 D01AA94 RUSSIA
015 D02AA94 103009
015 E04AA94 X
015 A00AA95 BANCO CENTRAL DO BRASIL, SYSTEMA ESPECIAL
015 B00AA95 S
015 C01AA95 BRASILIA
015 D01AA95 BRAZIL
015 D02AA95 70.074-900
015 E04AA95 X
015 A00AA96 BANQUE DE FRANCE, SATURNE SYSTEM
015 B00AA96 S
015 C01AA96 PARIS
015 D01AA96 FRANCE
<PAGE> PAGE 13
015 D02AA96 75049
015 E04AA96 X
015 A00AA97 CENTRAL BANK OF IRELAND (GILT SETTLEMENT OFF)
015 B00AA97 S
015 C01AA97 DUBLIN
015 D01AA97 IRELAND
015 E04AA97 X
015 A00AA98 BANCA D'ITALIA
015 B00AA98 S
015 C01AA98 ROME
015 D01AA98 ITALY
015 D02AA98 00100
015 E04AA98 X
015 A00AA99 BANK OF JAPAN NET SYSTEM
015 B00AA99 S
015 C01AA99 TOKYO
015 D01AA99 JAPAN
015 E04AA99 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 39
019 C00AA00 CRMCFNDGRP
020 A000001 MORGAN STANLEY & CO. INC.
020 B000001 13-2655998
020 C000001 396
020 A000002 UBS SECURITIES LLC
020 B000002 13-3873456
020 C000002 370
020 A000003 SMITH BARNEY INC.
020 B000003 13-1912900
020 C000003 355
020 A000004 SALOMON BROTHERS, INC.
020 B000004 13-3082694
020 C000004 347
020 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000005 13-5674085
020 C000005 340
020 A000006 BZW SECURITIES INC.
020 B000006 13-3551367
020 C000006 283
020 A000007 MORGAN (J.P.) SECURITIES INC.
020 B000007 13-3224016
020 C000007 222
020 A000008 CS FIRST BOSTON CORP.
020 B000008 13-5659485
020 C000008 207
020 A000009 ROBERTSON, STEPHENS & CO, L.P.
020 B000009 94-2524501
020 C000009 195
020 A000010 HSBC SECURITIES, INC.
020 B000010 13-2650272
<PAGE> PAGE 14
020 C000010 165
021 000000 6766
022 A000001 ASSOCIATES CORP. OF NORTH AMERICA
022 B000001 74-1494554
022 C000001 2960071
022 D000001 0
022 A000002 GOLDMAN, SACHS & CO.
022 B000002 13-5108880
022 C000002 1877429
022 D000002 102480
022 A000003 GENERAL ELECTRIC CAPITAL CORP.
022 B000003 13-1500700
022 C000003 1512456
022 D000003 0
022 A000004 LEHMAN BROTHERS INC.
022 B000004 13-2518466
022 C000004 1342215
022 D000004 126148
022 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000005 13-5674085
022 C000005 660500
022 D000005 135382
022 A000006 CS FIRST BOSTON CORP.
022 B000006 13-5659485
022 C000006 468754
022 D000006 110533
022 A000007 MORGAN STANLEY & CO. INC.
022 B000007 13-2655998
022 C000007 435140
022 D000007 67237
022 A000008 MORGAN (J.P.) & CO. INC.
022 B000008 13-3224016
022 C000008 327191
022 D000008 50466
022 A000009 FIRST CHICAGO CAPITAL MARKETS, INC.
022 B000009 36-3595942
022 C000009 319944
022 D000009 13513
022 A000010 FORD MOTOR CREDIT CO.
022 B000010 38-1612444
022 C000010 236717
022 D000010 0
023 C000000 11822341
023 D000000 1229960
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
<PAGE> PAGE 15
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
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 N
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
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 Y
055 A00AA00 N
055 B00AA00 N
<PAGE> PAGE 16
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 N
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 0
077 A000000 N
078 000000 N
080 A00AA00 NATIONAL UNION FIRE INSURANCE COMPANY
080 B00AA00 CHUBB CUSTOM INSURANCE / ICI MUTUAL INSURANCE
080 C00AA00 65000
081 A00AA00 Y
081 B00AA00 52
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
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
024 000100 N
025 D000101 0
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 26821
028 A020100 272477
028 A030100 28157
028 A040100 0
028 B010100 19398
028 B020100 0
028 B030100 25606
028 B040100 0
<PAGE> PAGE 17
028 C010100 16337
028 C020100 0
028 C030100 35641
028 C040100 0
028 D010100 24535
028 D020100 5676
028 D030100 49607
028 D040100 0
028 E010100 18367
028 E020100 0
028 E030100 51152
028 E040100 0
028 F010100 31362
028 F020100 0
028 F030100 17483
028 F040100 0
028 G010100 136820
028 G020100 278153
028 G030100 207646
028 G040100 0
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.000
048 A010100 600000
048 A020100 0.500
048 B010100 600000
048 B020100 0.450
048 C010100 800000
048 C020100 0.420
048 D010100 1200000
048 D020100 0.370
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
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 3200000
048 K020100 0.350
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
<PAGE> PAGE 18
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
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 N
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 Y
070 J020100 Y
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 Y
<PAGE> PAGE 19
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 945624
071 B000100 1085797
071 C000100 3422249
071 D000100 28
072 A000100 6
072 B000100 10944
072 C000100 12419
072 D000100 0
072 E000100 0
072 F000100 7921
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 58
072 K000100 24
072 L000100 62
072 M000100 43
072 N000100 34
072 O000100 52
072 P000100 0
072 Q000100 0
072 R000100 47
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 24
072 X000100 8265
072 Y000100 0
072 Z000100 15098
072AA000100 370741
072BB000100 0
072CC010100 0
072CC020100 81542
072DD010100 10114
072DD020100 0
072EE000100 268039
073 A010100 0.1100
073 A020100 0.0000
<PAGE> PAGE 20
073 B000100 3.0200
073 C000100 0.0000
074 A000100 247
074 B000100 0
074 C000100 496365
074 D000100 0
074 E000100 0
074 F000100 3615029
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 11729
074 K000100 0
074 L000100 1506
074 M000100 0
074 N000100 4124876
074 O000100 24539
074 P000100 1385
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 2764
074 S000100 0
074 T000100 4096188
074 U010100 93823
074 U020100 55
074 V010100 43.63
074 V020100 43.63
074 W000100 0.0000
074 X000100 11
074 Y000100 0
075 A000100 0
075 B000100 3874618
076 000100 0.00
024 000200 Y
025 A000201 MORGAN (J.P.) & CO. INC.
025 B000201 13-3224016
025 C000201 E
025 D000201 1948
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
025 D000209 0
025 D000210 0
025 D000211 0
025 D000212 0
<PAGE> PAGE 21
025 D000213 0
025 D000214 0
025 D000215 0
025 D000216 0
028 A010200 16563
028 A020200 398534
028 A030200 0
028 A040200 31089
028 B010200 38955
028 B020200 0
028 B030200 0
028 B040200 19520
028 C010200 36892
028 C020200 0
028 C030200 0
028 C040200 7706
028 D010200 23190
028 D020200 27222
028 D030200 0
028 D040200 25898
028 E010200 26246
028 E020200 0
028 E030200 0
028 E040200 19313
028 F010200 27665
028 F020200 0
028 F030200 0
028 F040200 13588
028 G010200 169511
028 G020200 425756
028 G030200 0
028 G040200 117114
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 600000
048 A020200 0.500
048 B010200 900000
048 B020200 0.450
048 C010200 1000000
048 C020200 0.400
048 D010200 1500000
048 D020200 0.320
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
<PAGE> PAGE 22
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 4000000
048 K020200 0.205
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 N
066 E000200 Y
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 N
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
<PAGE> PAGE 23
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 1371325
071 B000200 1190368
071 C000200 4689551
071 D000200 23
072 A000200 6
072 B000200 19975
072 C000200 47722
072 D000200 0
072 E000200 0
072 F000200 9902
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 68
072 K000200 36
072 L000200 85
072 M000200 61
072 N000200 43
072 O000200 70
072 P000200 0
072 Q000200 0
072 R000200 66
072 S000200 0
072 T000200 1
072 U000200 0
072 V000200 0
072 W000200 31
<PAGE> PAGE 24
072 X000200 10363
072 Y000200 0
072 Z000200 57334
072AA000200 268964
072BB000200 0
072CC010200 197554
072CC020200 0
072DD010200 52131
072DD020200 0
072EE000200 373625
073 A010200 0.3400
073 A020200 0.0000
073 B000200 2.5500
073 C000200 0.0000
074 A000200 26
074 B000200 0
074 C000200 823566
074 D000200 11880
074 E000200 5369
074 F000200 5012434
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 14791
074 K000200 0
074 L000200 13214
074 M000200 0
074 N000200 5881280
074 O000200 47023
074 P000200 1758
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 102
074 S000200 0
074 T000200 5832397
074 U010200 161369
074 U020200 210
074 V010200 36.10
074 V020200 36.09
074 W000200 0.0000
074 X000200 10
074 Y000200 0
075 A000200 0
075 B000200 5418091
076 000200 0.00
024 000300 N
025 D000301 0
025 D000302 0
025 D000303 0
<PAGE> PAGE 25
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 7947
028 A020300 82756
028 A030300 0
028 A040300 7363
028 B010300 13073
028 B020300 0
028 B030300 0
028 B040300 2785
028 C010300 11046
028 C020300 0
028 C030300 0
028 C040300 734
028 D010300 7040
028 D020300 10762
028 D030300 0
028 D040300 3554
028 E010300 11080
028 E020300 0
028 E030300 0
028 E040300 2025
028 F010300 7003
028 F020300 0
028 F030300 0
028 F040300 3392
028 G010300 57189
028 G020300 93518
028 G030300 0
028 G040300 19853
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 600000
048 A020300 0.500
048 B010300 600000
048 B020300 0.420
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
<PAGE> PAGE 26
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 1200000
048 K020300 0.360
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
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 N
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
<PAGE> PAGE 27
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 N
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 282092
071 B000300 206962
071 C000300 1022611
071 D000300 20
072 A000300 6
072 B000300 16934
072 C000300 8424
072 D000300 0
072 E000300 0
072 F000300 2710
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 27
072 K000300 8
072 L000300 19
072 M000300 14
072 N000300 10
072 O000300 16
072 P000300 0
072 Q000300 0
072 R000300 14
072 S000300 0
072 T000300 0
072 U000300 0
072 V000300 0
<PAGE> PAGE 28
072 W000300 7
072 X000300 2825
072 Y000300 0
072 Z000300 22533
072AA000300 39136
072BB000300 0
072CC010300 26972
072CC020300 0
072DD010300 20542
072DD020300 0
072EE000300 72976
073 A010300 0.2600
073 A020300 0.0000
073 B000300 0.9700
073 C000300 0.0000
074 A000300 7
074 B000300 0
074 C000300 150238
074 D000300 351456
074 E000300 5722
074 F000300 762547
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 4549
074 K000300 0
074 L000300 7833
074 M000300 0
074 N000300 1282352
074 O000300 13684
074 P000300 483
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 27
074 S000300 0
074 T000300 1268158
074 U010300 84442
074 U020300 73
074 V010300 15.01
074 V020300 15.00
074 W000300 0.0000
074 X000300 9
074 Y000300 0
075 A000300 0
075 B000300 1184354
076 000300 0.00
024 000400 N
025 D000401 0
025 D000402 0
<PAGE> PAGE 29
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 13353
028 A020400 14367
028 A030400 0
028 A040400 2259
028 B010400 8790
028 B020400 0
028 B030400 0
028 B040400 3210
028 C010400 8922
028 C020400 0
028 C030400 0
028 C040400 2477
028 D010400 4284
028 D020400 15445
028 D030400 0
028 D040400 7191
028 E010400 8664
028 E020400 0
028 E030400 0
028 E040400 5581
028 F010400 3806
028 F020400 0
028 F030400 0
028 F040400 6696
028 G010400 47819
028 G020400 29812
028 G030400 0
028 G040400 27414
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.000
048 A010400 30000
048 A020400 0.600
048 B010400 570000
048 B020400 0.500
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
<PAGE> PAGE 30
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 600000
048 K020400 0.460
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 8.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 7.3
062 N000400 0.0
062 O000400 0.0
062 P000400 75.7
062 Q000400 2.4
062 R000400 4.0
063 A000400 0
063 B000400 0.0
064 A000400 N
064 B000400 Y
065 000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
<PAGE> PAGE 31
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 Y
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 242432
071 B000400 194431
071 C000400 628957
071 D000400 31
072 A000400 6
072 B000400 32727
072 C000400 194
072 D000400 0
072 E000400 0
072 F000400 1732
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 18
072 K000400 5
072 L000400 11
072 M000400 8
072 N000400 6
072 O000400 10
072 P000400 0
072 Q000400 0
072 R000400 8
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 5
072 X000400 1803
<PAGE> PAGE 32
072 Y000400 0
072 Z000400 31118
072AA000400 6678
072BB000400 0
072CC010400 1229
072CC020400 0
072DD010400 29812
072DD020400 0
072EE000400 0
073 A010400 0.6300
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 18
074 B000400 0
074 C000400 57809
074 D000400 621517
074 E000400 20584
074 F000400 4037
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 8566
074 K000400 0
074 L000400 12249
074 M000400 0
074 N000400 724780
074 O000400 1519
074 P000400 303
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 330
074 S000400 0
074 T000400 722628
074 U010400 49135
074 U020400 69
074 V010400 14.69
074 V020400 14.68
074 W000400 0.0000
074 X000400 11
074 Y000400 0
075 A000400 0
075 B000400 695459
076 000400 0.00
024 000500 Y
025 A000501 MORGAN (J.P.) & CO. INC.
025 B000501 13-3224016
025 C000501 D
025 D000501 3027
<PAGE> PAGE 33
025 A000502 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
025 B000502 13-5674085
025 C000502 D
025 D000502 1474
025 A000503 CS FIRST BOSTON CORP.
025 B000503 13-5659485
025 C000503 D
025 D000503 1230
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
028 A010500 3955
028 A020500 9970
028 A030500 0
028 A040500 4018
028 B010500 1581
028 B020500 0
028 B030500 0
028 B040500 11662
028 C010500 2209
028 C020500 0
028 C030500 0
028 C040500 11284
028 D010500 1176
028 D020500 8743
028 D030500 0
028 D040500 10206
028 E010500 865
028 E020500 0
028 E030500 0
028 E040500 7684
028 F010500 2874
028 F020500 0
028 F030500 0
028 F040500 7759
028 G010500 12660
028 G020500 18713
028 G030500 0
028 G040500 52613
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.000
048 A010500 30000
048 A020500 0.600
048 B010500 570000
048 B020500 0.500
048 C010500 0
<PAGE> PAGE 34
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 600000
048 K020500 0.400
062 A000500 Y
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 9.5
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 43.0
062 N000500 26.5
062 O000500 0.0
062 P000500 22.8
062 Q000500 0.3
062 R000500 0.0
063 A000500 0
063 B000500 0.0
064 A000500 N
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
<PAGE> PAGE 35
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
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 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 140952
071 B000500 182024
071 C000500 448447
071 D000500 31
072 A000500 6
072 B000500 18524
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 1237
072 G000500 0
072 H000500 0
072 I000500 0
072 J000500 12
072 K000500 4
072 L000500 8
072 M000500 6
072 N000500 3
072 O000500 7
072 P000500 0
072 Q000500 0
072 R000500 6
<PAGE> PAGE 36
072 S000500 0
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 4
072 X000500 1287
072 Y000500 0
072 Z000500 17237
072AA000500 0
072BB000500 8464
072CC010500 0
072CC020500 6755
072DD010500 18713
072DD020500 0
072EE000500 0
073 A010500 0.4200
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 86
074 B000500 0
074 C000500 45356
074 D000500 439552
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 33
074 K000500 0
074 L000500 4217
074 M000500 0
074 N000500 489244
074 O000500 13592
074 P000500 205
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 466
074 S000500 0
074 T000500 474981
074 U010500 43438
074 U020500 61193
074 V010500 10.92
074 V020500 10.92
074 W000500 0.0000
074 X000500 11
074 Y000500 18159
075 A000500 0
075 B000500 490425
<PAGE> PAGE 37
076 000500 0.00
024 000600 N
025 D000601 0
025 D000602 0
025 D000603 0
025 D000604 0
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
028 A010600 25418
028 A020600 3038
028 A030600 0
028 A040600 22489
028 B010600 9388
028 B020600 0
028 B030600 0
028 B040600 24669
028 C010600 16731
028 C020600 0
028 C030600 0
028 C040600 14581
028 D010600 55716
028 D020600 3232
028 D030600 0
028 D040600 15550
028 E010600 33177
028 E020600 0
028 E030600 0
028 E040600 27565
028 F010600 9524
028 F020600 0
028 F030600 0
028 F040600 39121
028 G010600 149954
028 G020600 6270
028 G030600 0
028 G040600 143975
028 H000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.000
048 A010600 100000
048 A020600 0.500
048 B010600 300000
048 B020600 0.420
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
<PAGE> PAGE 38
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 400000
048 K020600 0.380
062 A000600 Y
062 B000600 0.0
062 C000600 27.6
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 71.3
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
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 23
063 B000600 0.0
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 N
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 N
070 E020600 N
<PAGE> PAGE 39
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 N
070 J020600 N
070 K010600 N
070 K020600 N
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 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 0
071 B000600 0
071 C000600 0
071 D000600 0
072 A000600 6
072 B000600 6756
072 C000600 0
072 D000600 0
072 E000600 0
072 F000600 561
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 6
072 K000600 2
072 L000600 4
072 M000600 3
072 N000600 5
072 O000600 4
072 P000600 0
072 Q000600 0
072 R000600 3
072 S000600 0
072 T000600 0
072 U000600 0
<PAGE> PAGE 40
072 V000600 0
072 W000600 3
072 X000600 591
072 Y000600 0
072 Z000600 6165
072AA000600 0
072BB000600 0
072CC010600 5
072CC020600 0
072DD010600 6270
072DD020600 0
072EE000600 0
073 A010600 0.2800
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 133
074 B000600 0
074 C000600 250371
074 D000600 0
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 2683
074 K000600 0
074 L000600 118
074 M000600 0
074 N000600 253305
074 O000600 0
074 P000600 98
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 7
074 S000600 0
074 T000600 253200
074 U010600 22715
074 U020600 63
074 V010600 11.12
074 V020600 11.11
074 W000600 0.0000
074 X000600 10
074 Y000600 0
075 A000600 0
075 B000600 250860
076 000600 0.00
024 000700 N
025 D000701 0
<PAGE> PAGE 41
025 D000702 0
025 D000703 0
025 D000704 0
025 D000705 0
025 D000706 0
025 D000707 0
025 D000708 0
028 A010700 15854
028 A020700 102405
028 A030700 0
028 A040700 9186
028 B010700 26419
028 B020700 0
028 B030700 0
028 B040700 4881
028 C010700 21160
028 C020700 0
028 C030700 0
028 C040700 1845
028 D010700 14691
028 D020700 6501
028 D030700 0
028 D040700 16237
028 E010700 30580
028 E020700 0
028 E030700 0
028 E040700 9755
028 F010700 29653
028 F020700 0
028 F030700 0
028 F040700 6578
028 G010700 138357
028 G020700 108906
028 G030700 0
028 G040700 48482
028 H000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.000
048 A010700 60000
048 A020700 0.900
048 B010700 540000
048 B020700 0.780
048 C010700 600000
048 C020700 0.600
048 D010700 800000
048 D020700 0.480
048 E010700 0
048 E020700 0.000
048 F010700 0
<PAGE> PAGE 42
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 2000000
048 K020700 0.465
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
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 0.0
063 A000700 0
063 B000700 0.0
066 A000700 Y
066 B000700 N
066 C000700 N
066 D000700 Y
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 Y
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 N
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
<PAGE> PAGE 43
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 Y
070 K010700 N
070 K020700 N
070 L010700 Y
070 L020700 Y
070 M010700 Y
070 M020700 Y
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 Y
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 687131
071 B000700 599589
071 C000700 2356027
071 D000700 25
072 A000700 6
072 B000700 5092
072 C000700 29193
072 D000700 0
072 E000700 0
072 F000700 7288
072 G000700 0
072 H000700 0
072 I000700 0
072 J000700 916
072 K000700 17
072 L000700 39
072 M000700 29
072 N000700 19
072 O000700 32
072 P000700 0
072 Q000700 0
072 R000700 30
072 S000700 0
072 T000700 0
<PAGE> PAGE 44
072 U000700 0
072 V000700 0
072 W000700 71
072 X000700 8441
072 Y000700 0
072 Y000700 25844
072 Y000700 145493
072 Y000700 0
072 Z000700 168033
072 Z000700 0
072 Z000700 14143
072 Z000700 0
072AA000700 94763
072AA000700 0.0900
072AA000700 0.0000
072AA000700 0.6200
072BB000700 0.0000
072BB000700 0
072BB000700 0
072BB000700 0
072CC010700 24321
072CC010700 0
072CC010700 0
072CC010700 0
072CC020700 0
072CC020700 0
072CC020700 0
072CC020700 0
072DD010700 12017
072DD010700 0
072DD010700 0
072DD010700 0
072DD020700 0
072DD020700 0
072DD020700 0
072DD020700 0
072EE000700 44137
072EE000700 0
072EE000700 0
072EE000700 0
073 A010700 0.1100
073 A010700 0.0000
073 A010700 0.0000
073 A010700 0.0000
073 A020700 0.0000
073 A020700 0.0000
073 A020700 0.0000
073 A020700 0.0000
073 B000700 0.4100
073 B000700 0.0000
073 B000700 0.0000
<PAGE> PAGE 45
073 B000700 0.0000
073 C000700 0.0000
073 C000700 0.0000
073 C000700 0.0000
073 C000700 0.0000
074 A000700 31
074 B000700 0
074 C000700 241084
074 D000700 28835
074 E000700 45051
074 F000700 2496061
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 10239
074 K000700 0
074 L000700 14728
074 M000700 0
074 N000700 2836029
074 O000700 32577
074 P000700 1330
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 345
074 S000700 0
074 T000700 2801777
074 U010700 165626
074 U020700 173
074 V010700 16.90
074 V020700 16.90
074 W000700 0.0000
074 X000700 9
074 Y000700 0
075 A000700 0
075 B000700 2532903
076 000700 0.00
024 000800 Y
025 A000801 MORGAN (J.P.) & CO. INC.
025 B000801 13-3224016
025 C000801 E
025 D000801 1948
025 D000802 0
025 D000803 0
025 D000804 0
025 D000805 0
025 D000806 0
025 D000807 0
025 D000808 0
028 A010800 3183
<PAGE> PAGE 46
028 A020800 1158
028 A030800 0
028 A040800 701
028 B010800 6363
028 B020800 0
028 B030800 0
028 B040800 572
028 C010800 5291
028 C020800 0
028 C030800 0
028 C040800 70
028 D010800 3867
028 D020800 1390
028 D030800 0
028 D040800 258
028 E010800 3120
028 E020800 0
028 E030800 0
028 E040800 1503
028 F010800 3450
028 F020800 0
028 F030800 0
028 F040800 534
028 G010800 25274
028 G020800 2548
028 G030800 0
028 G040800 3638
028 H000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.000
048 A010800 30000
048 A020800 0.600
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
048 J010800 0
<PAGE> PAGE 47
048 J020800 0.000
048 K010800 30000
048 K020800 0.500
062 A000800 Y
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 17.9
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 17.9
062 N000800 13.4
062 O000800 0.0
062 P000800 40.1
062 Q000800 3.9
062 R000800 5.3
063 A000800 0
063 B000800 0.0
064 A000800 N
064 B000800 N
066 A000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 Y
070 K010800 N
<PAGE> PAGE 48
070 K020800 N
070 L010800 Y
070 L020800 Y
070 M010800 Y
070 M020800 Y
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 53177
071 B000800 29590
071 C000800 72583
071 D000800 41
072 A000800 6
072 B000800 3234
072 C000800 46
072 D000800 0
072 E000800 0
072 F000800 239
072 G000800 0
072 H000800 0
072 I000800 0
072 J000800 3
072 K000800 1
072 L000800 1
072 M000800 1
072 N000800 1
072 O000800 2
072 P000800 0
072 Q000800 0
072 R000800 1
072 S000800 0
072 T000800 0
072 U000800 0
072 V000800 0
072 W000800 1
072 X000800 250
072 Y000800 0
072 Z000800 3030
072AA000800 1169
072BB000800 0
072CC010800 0
072CC020800 1492
072DD010800 2548
072DD020800 0
<PAGE> PAGE 49
072EE000800 0
073 A010800 0.3000
073 A020800 0.0000
073 B000800 0.0000
073 C000800 0.0000
074 A000800 263
074 B000800 0
074 C000800 18278
074 D000800 77106
074 E000800 5375
074 F000800 0
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 2
074 K000800 0
074 L000800 1580
074 M000800 0
074 N000800 102604
074 O000800 250
074 P000800 0
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 47
074 S000800 0
074 T000800 102307
074 U010800 9888369
074 U020800 52556
074 V010800 10.30
074 V020800 10.30
074 W000800 0.0000
074 X000800 8
074 Y000800 3754
075 A000800 0
075 B000800 89955
076 000800 0.00
024 000900 N
025 D000901 0
025 D000902 0
025 D000903 0
025 D000904 0
025 D000905 0
025 D000906 0
025 D000907 0
025 D000908 0
028 A010900 0
028 A020900 0
028 A030900 0
028 A040900 0
<PAGE> PAGE 50
028 B010900 0
028 B020900 0
028 B030900 0
028 B040900 0
028 C010900 0
028 C020900 0
028 C030900 0
028 C040900 0
028 D010900 0
028 D020900 0
028 D030900 0
028 D040900 0
028 E010900 450
028 E020900 0
028 E030900 0
028 E040900 0
028 F010900 19582
028 F020900 0
028 F030900 0
028 F040900 88
028 G010900 20032
028 G020900 0
028 G030900 0
028 G040900 88
028 H000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.000
048 A010900 0
048 A020900 0.000
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
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 0
048 K020900 0.690
<PAGE> PAGE 51
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000900 0
063 B000900 0.0
066 A000900 Y
066 B000900 N
066 C000900 N
066 D000900 Y
066 E000900 N
066 F000900 N
066 G000900 N
067 000900 N
068 A000900 N
068 B000900 Y
069 000900 N
070 A010900 Y
070 A020900 N
070 B010900 N
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 Y
<PAGE> PAGE 52
070 K010900 N
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900 23185
071 B000900 0
071 C000900 11811
071 D000900 0
072 A000900 1
072 B000900 28
072 C000900 20
072 D000900 0
072 E000900 0
072 F000900 9
072 G000900 0
072 H000900 0
072 I000900 0
072 J000900 1
072 K000900 0
072 L000900 0
072 M000900 0
072 N000900 0
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 0
072 S000900 0
072 T000900 0
072 U000900 0
072 V000900 0
072 W000900 0
072 X000900 10
072 Y000900 0
072 Z000900 38
072AA000900 0
072BB000900 0
072CC010900 437
072CC020900 0
072DD010900 0
<PAGE> PAGE 53
072DD020900 0
072EE000900 0
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000900 1
074 B000900 0
074 C000900 4567
074 D000900 0
074 E000900 0
074 F000900 23623
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 0
074 K000900 0
074 L000900 625
074 M000900 0
074 N000900 28816
074 O000900 1148
074 P000900 9
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 1
074 S000900 0
074 T000900 27658
074 U010900 2439
074 U020900 215
074 V010900 10.42
074 V020900 10.42
074 W000900 0.0000
074 X000900 9
074 Y000900 496
075 A000900 0
075 B000900 12704
076 000900 0.00
SIGNATURE CHAD L. NORTON
TITLE SECRETARY
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 26
<NAME> THE GROWTH-INCOME FUND CLASS 1
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 4,417,833
<INVESTMENTS-AT-VALUE> 5,853,249
<RECEIVABLES> 28,005
<ASSETS-OTHER> 26
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,881,280
<PAYABLE-FOR-SECURITIES> 47,023
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,860
<TOTAL-LIABILITIES> 48,883
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,936,380
<SHARES-COMMON-STOCK> 161,369,316
<SHARES-COMMON-PRIOR> 146,906,619
<ACCUMULATED-NII-CURRENT> 30,467
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 268,555
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,435,416
<NET-ASSETS> 5,832,397
<DIVIDEND-INCOME> 47,722
<INTEREST-INCOME> 19,975
<OTHER-INCOME> 0
<EXPENSES-NET> 10,363
<NET-INVESTMENT-INCOME> 57,334
<REALIZED-GAINS-CURRENT> 268,964
<APPREC-INCREASE-CURRENT> 197,554
<NET-CHANGE-FROM-OPS> 523,852
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 52,131
<DISTRIBUTIONS-OF-GAINS> 373,625
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,960,884
<NUMBER-OF-SHARES-REDEEMED> 3,428,225
<SHARES-REINVESTED> 12,930,038
<NET-CHANGE-IN-ASSETS> 583,757
<ACCUMULATED-NII-PRIOR> 25,264
<ACCUMULATED-GAINS-PRIOR> 373,216
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9,902
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10,363
<AVERAGE-NET-ASSETS> 5,418,091
<PER-SHARE-NAV-BEGIN> 35.73
<PER-SHARE-NII> .36
<PER-SHARE-GAIN-APPREC> 2.90
<PER-SHARE-DIVIDEND> .34
<PER-SHARE-DISTRIBUTIONS> 2.55
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 36.10
<EXPENSE-RATIO> .002
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 26
<NAME> THE GROWTH-INCOME FUND CLASS 2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 4,417,833
<INVESTMENTS-AT-VALUE> 5,853,249
<RECEIVABLES> 28,005
<ASSETS-OTHER> 26
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,881,280
<PAYABLE-FOR-SECURITIES> 47,023
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,860
<TOTAL-LIABILITIES> 48,883
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,936,380
<SHARES-COMMON-STOCK> 209,908
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 30,467
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 268,555
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,435,416
<NET-ASSETS> 5,832,397
<DIVIDEND-INCOME> 47,722
<INTEREST-INCOME> 19,975
<OTHER-INCOME> 0
<EXPENSES-NET> 10,363
<NET-INVESTMENT-INCOME> 57,334
<REALIZED-GAINS-CURRENT> 268,964
<APPREC-INCREASE-CURRENT> 197,554
<NET-CHANGE-FROM-OPS> 523,852
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 52,131
<DISTRIBUTIONS-OF-GAINS> 373,625
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 209,908
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 583,757
<ACCUMULATED-NII-PRIOR> 25,264
<ACCUMULATED-GAINS-PRIOR> 373,216
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9,902
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10,363
<AVERAGE-NET-ASSETS> 5,418,091
<PER-SHARE-NAV-BEGIN> 34.10
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 1.85
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 36.09
<EXPENSE-RATIO> .001
<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
<SERIES>
<NUMBER> 27
<NAME> THE GROWTH FUND CLASS 1
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-1-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 3,207,454
<INVESTMENTS-AT-VALUE> 4,111,394
<RECEIVABLES> 13,235
<ASSETS-OTHER> 247
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,124,876
<PAYABLE-FOR-SECURITIES> 24,539
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,149
<TOTAL-LIABILITIES> 28,688
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,812,184
<SHARES-COMMON-STOCK> 93,823,350
<SHARES-COMMON-PRIOR> 88,690,116
<ACCUMULATED-NII-CURRENT> 9,622
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 370,439
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 903,943
<NET-ASSETS> 4,096,188
<DIVIDEND-INCOME> 10,944
<INTEREST-INCOME> 12,419
<OTHER-INCOME> 0
<EXPENSES-NET> 8,265
<NET-INVESTMENT-INCOME> 15,098
<REALIZED-GAINS-CURRENT> 370,741
<APPREC-INCREASE-CURRENT> (81,542)
<NET-CHANGE-FROM-OPS> 304,297
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 10,114
<DISTRIBUTIONS-OF-GAINS> 268,039
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,271,739
<NUMBER-OF-SHARES-REDEEMED> 5,083,761
<SHARES-REINVESTED> 6,945,256
<NET-CHANGE-IN-ASSETS> 235,839
<ACCUMULATED-NII-PRIOR> 4,638
<ACCUMULATED-GAINS-PRIOR> 267,737
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7,921
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8,265
<AVERAGE-NET-ASSETS> 3,874,618
<PER-SHARE-NAV-BEGIN> 43.53
<PER-SHARE-NII> .16
<PER-SHARE-GAIN-APPREC> 3.07
<PER-SHARE-DIVIDEND> .11
<PER-SHARE-DISTRIBUTIONS> 3.02
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 43.63
<EXPENSE-RATIO> .002
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 27
<NAME> THE GROWTH FUND CLASS 2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-1-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 3,207,454
<INVESTMENTS-AT-VALUE> 4,111,394
<RECEIVABLES> 13,235
<ASSETS-OTHER> 247
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,124,876
<PAYABLE-FOR-SECURITIES> 24,539
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,149
<TOTAL-LIABILITIES> 28,688
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,812,184
<SHARES-COMMON-STOCK> 54,869
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 9,622
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 370,439
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 903,943
<NET-ASSETS> 4,096,188
<DIVIDEND-INCOME> 10,944
<INTEREST-INCOME> 12,419
<OTHER-INCOME> 0
<EXPENSES-NET> 8,265
<NET-INVESTMENT-INCOME> 15,098
<REALIZED-GAINS-CURRENT> 370,741
<APPREC-INCREASE-CURRENT> (81,542)
<NET-CHANGE-FROM-OPS> 304,297
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 10,114
<DISTRIBUTIONS-OF-GAINS> 268,039
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 54,869
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 235,839
<ACCUMULATED-NII-PRIOR> 4,638
<ACCUMULATED-GAINS-PRIOR> 267,737
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7,921
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8,265
<AVERAGE-NET-ASSETS> 3,874,618
<PER-SHARE-NAV-BEGIN> 40.59
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 2.99
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 43.63
<EXPENSE-RATIO> .001
<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
<SERIES>
<NUMBER> 28
<NAME> THE HIGH-YIELD BOND FUND CLASS 1
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 680,487
<INVESTMENTS-AT-VALUE> 703,947
<RECEIVABLES> 20,815
<ASSETS-OTHER> 18
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 724,780
<PAYABLE-FOR-SECURITIES> 1,519
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 633
<TOTAL-LIABILITIES> 2,152
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 634,776
<SHARES-COMMON-STOCK> 49,134,580
<SHARES-COMMON-PRIOR> 45,638,580
<ACCUMULATED-NII-CURRENT> 15,663
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (485)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,470
<NET-ASSETS> 722,628
<DIVIDEND-INCOME> 194
<INTEREST-INCOME> 32,727
<OTHER-INCOME> 0
<EXPENSES-NET> 1,803
<NET-INVESTMENT-INCOME> 31,118
<REALIZED-GAINS-CURRENT> 6,678
<APPREC-INCREASE-CURRENT> 1,229
<NET-CHANGE-FROM-OPS> 39,025
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 29,812
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,298,831
<NUMBER-OF-SHARES-REDEEMED> 1,901,695
<SHARES-REINVESTED> 2,098,864
<NET-CHANGE-IN-ASSETS> 60,443
<ACCUMULATED-NII-PRIOR> 14,357
<ACCUMULATED-GAINS-PRIOR> (7,163)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,732
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,803
<AVERAGE-NET-ASSETS> 695,459
<PER-SHARE-NAV-BEGIN> 14.51
<PER-SHARE-NII> .65
<PER-SHARE-GAIN-APPREC> .16
<PER-SHARE-DIVIDEND> .63
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.69
<EXPENSE-RATIO> .003
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 28
<NAME> THE HIGH-YIELD BOND FUND CLASS 2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 680,487
<INVESTMENTS-AT-VALUE> 703,947
<RECEIVABLES> 20,815
<ASSETS-OTHER> 18
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 724,780
<PAYABLE-FOR-SECURITIES> 1,519
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 633
<TOTAL-LIABILITIES> 2,152
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 634,776
<SHARES-COMMON-STOCK> 69,428
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 15,663
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (485)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,470
<NET-ASSETS> 722,628
<DIVIDEND-INCOME> 194
<INTEREST-INCOME> 32,727
<OTHER-INCOME> 0
<EXPENSES-NET> 1,803
<NET-INVESTMENT-INCOME> 31,118
<REALIZED-GAINS-CURRENT> 6,678
<APPREC-INCREASE-CURRENT> 1,229
<NET-CHANGE-FROM-OPS> 39,025
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 29,812
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 69,428
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 60,443
<ACCUMULATED-NII-PRIOR> 14,357
<ACCUMULATED-GAINS-PRIOR> (7,163)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,732
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,803
<AVERAGE-NET-ASSETS> 695,459
<PER-SHARE-NAV-BEGIN> 14.28
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> .25
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.68
<EXPENSE-RATIO> .001
<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
<SERIES>
<NUMBER> 29
<NAME> THE CASH MANAGEMENT FUND CLASS 1
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 250,366
<INVESTMENTS-AT-VALUE> 250,371
<RECEIVABLES> 2,801
<ASSETS-OTHER> 133
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 253,305
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 105
<TOTAL-LIABILITIES> 105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 227,433
<SHARES-COMMON-STOCK> 22,715,063
<SHARES-COMMON-PRIOR> 21,610,763
<ACCUMULATED-NII-CURRENT> 2,984
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5
<NET-ASSETS> 253,200
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,756
<OTHER-INCOME> 0
<EXPENSES-NET> 591
<NET-INVESTMENT-INCOME> 6,165
<REALIZED-GAINS-CURRENT> 5
<APPREC-INCREASE-CURRENT> 5
<NET-CHANGE-FROM-OPS> 6,170
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6,270
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,524,344
<NUMBER-OF-SHARES-REDEEMED> 12,988,999
<SHARES-REINVESTED> 568,955
<NET-CHANGE-IN-ASSETS> 12,852
<ACCUMULATED-NII-PRIOR> 3,089
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 561
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 591
<AVERAGE-NET-ASSETS> 250,860
<PER-SHARE-NAV-BEGIN> 11.12
<PER-SHARE-NII> .28
<PER-SHARE-GAIN-APPREC> .00
<PER-SHARE-DIVIDEND> .28
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.12
<EXPENSE-RATIO> .002
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 29
<NAME> THE CASH MANAGEMENT FUND CLASS 2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 250,366
<INVESTMENTS-AT-VALUE> 250,371
<RECEIVABLES> 2,801
<ASSETS-OTHER> 133
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 253,305
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 105
<TOTAL-LIABILITIES> 105
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 227,433
<SHARES-COMMON-STOCK> 63,321
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2,984
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5
<NET-ASSETS> 253,200
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,756
<OTHER-INCOME> 0
<EXPENSES-NET> 591
<NET-INVESTMENT-INCOME> 6,165
<REALIZED-GAINS-CURRENT> 5
<APPREC-INCREASE-CURRENT> 5
<NET-CHANGE-FROM-OPS> 6,170
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6,270
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 63,327
<NUMBER-OF-SHARES-REDEEMED> 6
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 12,852
<ACCUMULATED-NII-PRIOR> 3,089
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 561
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 591
<AVERAGE-NET-ASSETS> 250,860
<PER-SHARE-NAV-BEGIN> 11.07
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> (.01)
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.11
<EXPENSE-RATIO> .001
<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
<SERIES>
<NUMBER> 30
<NAME> THE U.S. GOVERNMENT/AAA-RATED SECURITIES FUND CLASS 1
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-1-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 488,083
<INVESTMENTS-AT-VALUE> 484,908
<RECEIVABLES> 4,250
<ASSETS-OTHER> 86
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 489,244
<PAYABLE-FOR-SECURITIES> 13,592
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 671
<TOTAL-LIABILITIES> 14,263
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 445,841
<SHARES-COMMON-STOCK> 43,438,418
<SHARES-COMMON-PRIOR> 45,370,093
<ACCUMULATED-NII-CURRENT> 8,302
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (19,486)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,175)
<NET-ASSETS> 474,981
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 18,524
<OTHER-INCOME> 0
<EXPENSES-NET> 1,287
<NET-INVESTMENT-INCOME> 17,237
<REALIZED-GAINS-CURRENT> (8,464)
<APPREC-INCREASE-CURRENT> (6,755)
<NET-CHANGE-FROM-OPS> 2,018
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 18,713
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,152,679
<NUMBER-OF-SHARES-REDEEMED> 4,810,244
<SHARES-REINVESTED> 1,725,890
<NET-CHANGE-IN-ASSETS> (37,270)
<ACCUMULATED-NII-PRIOR> 9,778
<ACCUMULATED-GAINS-PRIOR> (11,022)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,237
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,287
<AVERAGE-NET-ASSETS> 490,425
<PER-SHARE-NAV-BEGIN> 11.29
<PER-SHARE-NII> .43
<PER-SHARE-GAIN-APPREC> (.38)
<PER-SHARE-DIVIDEND> .42
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.92
<EXPENSE-RATIO> .003
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 30
<NAME> THE U.S. GOVERNMENT/AAA-RATED SECURITIES FUND CLASS2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-1-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 488,083
<INVESTMENTS-AT-VALUE> 484,908
<RECEIVABLES> 4,250
<ASSETS-OTHER> 86
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 489,244
<PAYABLE-FOR-SECURITIES> 13,592
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 671
<TOTAL-LIABILITIES> 14,263
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 445,841
<SHARES-COMMON-STOCK> 61,193
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8,302
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (19,486)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,175)
<NET-ASSETS> 474,981
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 18,524
<OTHER-INCOME> 0
<EXPENSES-NET> 1,287
<NET-INVESTMENT-INCOME> 17,237
<REALIZED-GAINS-CURRENT> (8,464)
<APPREC-INCREASE-CURRENT> (6,755)
<NET-CHANGE-FROM-OPS> 2,018
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 18,713
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 61,206
<NUMBER-OF-SHARES-REDEEMED> 13
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (37,270)
<ACCUMULATED-NII-PRIOR> 9,778
<ACCUMULATED-GAINS-PRIOR> (11,022)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,237
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,287
<AVERAGE-NET-ASSETS> 490,425
<PER-SHARE-NAV-BEGIN> 10.83
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> .03
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.92
<EXPENSE-RATIO> .001
<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
<SERIES>
<NUMBER> 70
<NAME> THE ASSET ALLOCATION FUND CLASS 1
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-1-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 1,058,193
<INVESTMENTS-AT-VALUE> 1,269,963
<RECEIVABLES> 12,382
<ASSETS-OTHER> 7
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,282,352
<PAYABLE-FOR-SECURITIES> 13,684
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 510
<TOTAL-LIABILITIES> 14,194
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 921,326
<SHARES-COMMON-STOCK> 84,441,807
<SHARES-COMMON-PRIOR> 75,174,289
<ACCUMULATED-NII-CURRENT> 11,965
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38,582
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 211,770
<NET-ASSETS> 1,268,158
<DIVIDEND-INCOME> 8,424
<INTEREST-INCOME> 16,934
<OTHER-INCOME> 0
<EXPENSES-NET> 2,825
<NET-INVESTMENT-INCOME> 22,533
<REALIZED-GAINS-CURRENT> 39,136
<APPREC-INCREASE-CURRENT> 26,972
<NET-CHANGE-FROM-OPS> 88,641
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 20,542
<DISTRIBUTIONS-OF-GAINS> 72,976
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,964,657
<NUMBER-OF-SHARES-REDEEMED> 1,362,210
<SHARES-REINVESTED> 6,665,071
<NET-CHANGE-IN-ASSETS> 127,067
<ACCUMULATED-NII-PRIOR> 9,974
<ACCUMULATED-GAINS-PRIOR> 72,422
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,710
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,825
<AVERAGE-NET-ASSETS> 1,184,354
<PER-SHARE-NAV-BEGIN> 15.18
<PER-SHARE-NII> .27
<PER-SHARE-GAIN-APPREC> .79
<PER-SHARE-DIVIDEND> .26
<PER-SHARE-DISTRIBUTIONS> .97
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.01
<EXPENSE-RATIO> .002
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 70
<NAME> THE ASSET ALLOCATION FUND CLASS 2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-1-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 1,058,193
<INVESTMENTS-AT-VALUE> 1,269,963
<RECEIVABLES> 12,382
<ASSETS-OTHER> 7
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,282,352
<PAYABLE-FOR-SECURITIES> 13,684
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 510
<TOTAL-LIABILITIES> 14,194
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 921,326
<SHARES-COMMON-STOCK> 73,243
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 11,965
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38,582
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 211,770
<NET-ASSETS> 1,268,158
<DIVIDEND-INCOME> 8,424
<INTEREST-INCOME> 16,934
<OTHER-INCOME> 0
<EXPENSES-NET> 2,825
<NET-INVESTMENT-INCOME> 22,533
<REALIZED-GAINS-CURRENT> 39,136
<APPREC-INCREASE-CURRENT> 26,972
<NET-CHANGE-FROM-OPS> 88,641
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 20,542
<DISTRIBUTIONS-OF-GAINS> 72,976
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 73,243
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 127,067
<ACCUMULATED-NII-PRIOR> 9,974
<ACCUMULATED-GAINS-PRIOR> 72,422
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,710
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,825
<AVERAGE-NET-ASSETS> 1,184,354
<PER-SHARE-NAV-BEGIN> 14.43
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> .51
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.00
<EXPENSE-RATIO> .001
<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
<SERIES>
<NUMBER> 71
<NAME> THE INTERNATIONAL FUND CLASS 1
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-1-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 2,271,478
<INVESTMENTS-AT-VALUE> 2,811,031
<RECEIVABLES> 24,967
<ASSETS-OTHER> 31
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,836,029
<PAYABLE-FOR-SECURITIES> 32,577
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,675
<TOTAL-LIABILITIES> 34,252
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,930,952
<SHARES-COMMON-STOCK> 165,625,568
<SHARES-COMMON-PRIOR> 152,588,793
<ACCUMULATED-NII-CURRENT> 19,370
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 146,174
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 539,483
<NET-ASSETS> 2,801,777
<DIVIDEND-INCOME> 29,193
<INTEREST-INCOME> 5,092
<OTHER-INCOME> 0
<EXPENSES-NET> 8,441
<NET-INVESTMENT-INCOME> 25,844
<REALIZED-GAINS-CURRENT> 145,493
<APPREC-INCREASE-CURRENT> 168,033
<NET-CHANGE-FROM-OPS> 339,370
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 14,143
<DISTRIBUTIONS-OF-GAINS> 94,763
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8,841,231
<NUMBER-OF-SHARES-REDEEMED> 3,121,548
<SHARES-REINVESTED> 7,317,092
<NET-CHANGE-IN-ASSETS> 432,149
<ACCUMULATED-NII-PRIOR> 7,669
<ACCUMULATED-GAINS-PRIOR> 95,444
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7,288
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8,441
<AVERAGE-NET-ASSETS> 2,532,903
<PER-SHARE-NAV-BEGIN> 15.53
<PER-SHARE-NII> .16
<PER-SHARE-GAIN-APPREC> 1.92
<PER-SHARE-DIVIDEND> .09
<PER-SHARE-DISTRIBUTIONS> .62
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.9
<EXPENSE-RATIO> .003
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 71
<NAME> THE INTERNATIONAL FUND CLASS 2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-1-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 2,271,478
<INVESTMENTS-AT-VALUE> 2,811,031
<RECEIVABLES> 24,967
<ASSETS-OTHER> 31
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,836,029
<PAYABLE-FOR-SECURITIES> 32,577
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,675
<TOTAL-LIABILITIES> 34,252
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,930,952
<SHARES-COMMON-STOCK> 172,510
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 19,370
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 146,174
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 539,483
<NET-ASSETS> 2,801,777
<DIVIDEND-INCOME> 29,193
<INTEREST-INCOME> 5,092
<OTHER-INCOME> 0
<EXPENSES-NET> 8,441
<NET-INVESTMENT-INCOME> 25,844
<REALIZED-GAINS-CURRENT> 145,493
<APPREC-INCREASE-CURRENT> 168,033
<NET-CHANGE-FROM-OPS> 339,370
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 14,143
<DISTRIBUTIONS-OF-GAINS> 94,763
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 172,510
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 432,149
<ACCUMULATED-NII-PRIOR> 7,669
<ACCUMULATED-GAINS-PRIOR> 95,444
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7,288
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8,441
<AVERAGE-NET-ASSETS> 2,532,903
<PER-SHARE-NAV-BEGIN> 15.86
<PER-SHARE-NII> .16
<PER-SHARE-GAIN-APPREC> .88
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.9
<EXPENSE-RATIO> .001
<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
<SERIES>
<NUMBER> 77
<NAME> THE GLOBAL GROWTH FUND CLASS 1
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> APR-30-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 27,753
<INVESTMENTS-AT-VALUE> 28,190
<RECEIVABLES> 625
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28,816
<PAYABLE-FOR-SECURITIES> 1,148
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10
<TOTAL-LIABILITIES> 1,158
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24,529
<SHARES-COMMON-STOCK> 2,438,937
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 36
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 437
<NET-ASSETS> 27,658
<DIVIDEND-INCOME> 20
<INTEREST-INCOME> 28
<OTHER-INCOME> 0
<EXPENSES-NET> 10
<NET-INVESTMENT-INCOME> 38
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 437
<NET-CHANGE-FROM-OPS> 475
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,947,392
<NUMBER-OF-SHARES-REDEEMED> 8,455
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 22,658
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10
<AVERAGE-NET-ASSETS> 16,149
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> .39
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.42
<EXPENSE-RATIO> .001
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 77
<NAME> THE GLOBAL GROWTH FUND CLASS 2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> APR-30-1997
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 27,753
<INVESTMENTS-AT-VALUE> 28,190
<RECEIVABLES> 625
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28,816
<PAYABLE-FOR-SECURITIES> 1,148
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10
<TOTAL-LIABILITIES> 1,158
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24,529
<SHARES-COMMON-STOCK> 215,190
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 38
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 437
<NET-ASSETS> 27,658
<DIVIDEND-INCOME> 20
<INTEREST-INCOME> 28
<OTHER-INCOME> 0
<EXPENSES-NET> 10
<NET-INVESTMENT-INCOME> 38
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 437
<NET-CHANGE-FROM-OPS> 475
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 215,190
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 22,658
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10
<AVERAGE-NET-ASSETS> 16,149
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .19
<PER-SHARE-GAIN-APPREC> .23
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.42
<EXPENSE-RATIO> .001
<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
<SERIES>
<NUMBER> 78
<NAME> THE BOND FUND CLASS 1
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 100,181
<INVESTMENTS-AT-VALUE> 100,759
<RECEIVABLES> 1,582
<ASSETS-OTHER> 263
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 102,604
<PAYABLE-FOR-SECURITIES> 250
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 47
<TOTAL-LIABILITIES> 297
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 88,970
<SHARES-COMMON-STOCK> 9,880,369
<SHARES-COMMON-PRIOR> 7,511,221
<ACCUMULATED-NII-CURRENT> 1,603
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,207
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 594
<NET-ASSETS> 102,307
<DIVIDEND-INCOME> 46
<INTEREST-INCOME> 3,234
<OTHER-INCOME> 0
<EXPENSES-NET> 250
<NET-INVESTMENT-INCOME> 3,030
<REALIZED-GAINS-CURRENT> 1,169
<APPREC-INCREASE-CURRENT> (1,492)
<NET-CHANGE-FROM-OPS> 2,707
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,548
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,473,676
<NUMBER-OF-SHARES-REDEEMED> 357,515
<SHARES-REINVESTED> 252,987
<NET-CHANGE-IN-ASSETS> 24,882
<ACCUMULATED-NII-PRIOR> 77,425
<ACCUMULATED-GAINS-PRIOR> 38
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 239
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 250
<AVERAGE-NET-ASSETS> 89,955
<PER-SHARE-NAV-BEGIN> 10.31
<PER-SHARE-NII> .32
<PER-SHARE-GAIN-APPREC> (.03)
<PER-SHARE-DIVIDEND> .30
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.30
<EXPENSE-RATIO> .003
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 78
<NAME> THE BOND FUND CLASS 2
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 100,181
<INVESTMENTS-AT-VALUE> 100,759
<RECEIVABLES> 1,582
<ASSETS-OTHER> 263
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 102,604
<PAYABLE-FOR-SECURITIES> 250
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 47
<TOTAL-LIABILITIES> 297
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 88,970
<SHARES-COMMON-STOCK> 52,556
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1,603
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,207
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 594
<NET-ASSETS> 102,307
<DIVIDEND-INCOME> 46
<INTEREST-INCOME> 3,234
<OTHER-INCOME> 0
<EXPENSES-NET> 250
<NET-INVESTMENT-INCOME> 3,030
<REALIZED-GAINS-CURRENT> 1,169
<APPREC-INCREASE-CURRENT> (1,492)
<NET-CHANGE-FROM-OPS> 2,707
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,548
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52,556
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 24,882
<ACCUMULATED-NII-PRIOR> 77,425
<ACCUMULATED-GAINS-PRIOR> 38
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 239
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 250
<AVERAGE-NET-ASSETS> 89,955
<PER-SHARE-NAV-BEGIN> 10.11
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> .14
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.30
<EXPENSE-RATIO> .001
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>