PC&J PERFORMANCE FUND
NSAR-B, 1996-02-23
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<PAGE>      PAGE  1
000 B000000 12/31/95
000 C000000 0000731759
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 PC&J PERFORMANCE FUND
001 B000000 811-3906
001 C000000 5132230600
002 A000000 120 WEST THIRD STREET SUITE 300
002 B000000 DAYTON
002 C000000 OH
002 D010000 45402
002 D020000 1819
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 PC&J PERFORMANCE FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 PARKER CARLSON & JOHNSON
008 B00AA01 A
008 C00AA01 801-17956
008 D01AA01 DAYTON
008 D02AA01 OH
008 D03AA01 45402
008 D04AA01 1819
012 A00AA01 PC&J SERVICE CORP
012 B00AA01 84-
012 C01AA01 DAYTON
012 C02AA01 OH
012 C03AA01 45402
012 C04AA01 1819
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 DAYTON
013 B02AA01 OH
<PAGE>      PAGE  2
013 B03AA01 45402
013 B04AA01 1788
015 A00AA01 STAR BANK
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45201
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 WELLINGTON
020 B000001 13-3216715
020 C000001     27
020 A000002 LIPPER
020 B000002 13-2792478
020 C000002      8
020 A000003 HAMBRCHT & QUIST
020 B000003 94-2856935
020 C000003      6
020 A000004 MERRILL LYNCH
020 B000004 13-5674085
020 C000004      5
020 A000005 WERTHEIM
020 B000005 13-2697272
020 C000005      3
020 A000006 MORGAN STANLEY
020 B000006 13-2655998
020 C000006      3
020 A000007 LAZARD FRERES
020 B000007 13-5545100
020 C000007      2
020 A000008 C. J. LAWRENCE
020 B000008 13-2730828
020 C000008      1
020 A000009 STEPHENS
020 B000009 71-0211822
020 C000009      1
020 A000010 CHARLES SCHWAB
020 B000010 94-1737782
020 C000010      1
021  000000       59
022 A000001 HAMBRECHT & QUIST
022 B000001 94-2856935
022 C000001       757
022 D000001       912
022 A000002 MERRILL LYNCH
022 B000002 13-5674085
022 C000002       218
022 D000002       838
022 A000003 MORGAN STANLEY
<PAGE>      PAGE  3
022 B000003 13-2655998
022 C000003       109
022 D000003       750
022 A000004 STEPHENS
022 B000004 71-0211822
022 C000004       388
022 D000004       355
022 A000005 LAZARD FRERES
022 B000005 13-5545100
022 C000005       392
022 D000005         0
022 A000006 DILLON READ
022 B000006 13-1939216
022 C000006       276
022 D000006        57
022 A000007 C.J. LAWRENCE
022 B000007 13-2730828
022 C000007       190
022 D000007        63
022 A000008 WERTHEIM
022 B000008 13-2697272
022 C000008         0
022 D000008       141
022 A000009 MORAN & ASSOC
022 B000009 22-2370532
022 C000009         0
022 D000009       137
022 A000010 LIPPER
022 B000010 13-2792478
022 C000010        43
022 D000010         0
023 C000000       2391
023 D000000       3253
024  00AA00 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027  000000 Y
028 A01AA00       163
028 A02AA00         0
028 A03AA00         0
028 A04AA00       788
028 B01AA00       203
028 B02AA00         0
028 B03AA00         0
<PAGE>      PAGE  4
028 B04AA00        26
028 C01AA00       167
028 C02AA00         0
028 C03AA00         0
028 C04AA00       243
028 D01AA00       191
028 D02AA00         0
028 D03AA00         0
028 D04AA00       212
028 E01AA00       204
028 E02AA00         0
028 E03AA00         0
028 E04AA00        15
028 F01AA00        40
028 F02AA00      2783
028 F03AA00         0
028 F04AA00       306
028 G01AA00       968
028 G02AA00      2783
028 G03AA00         0
028 G04AA00      1590
028 H00AA00         0
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 Y
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
045  00AA00 Y
046  00AA00 N
047  00AA00 Y
<PAGE>      PAGE  5
048  00AA00  1.000
048 A01AA00        0
048 A02AA00 0.000
048 B01AA00        0
048 B02AA00 0.000
048 C01AA00        0
048 C02AA00 0.000
048 D01AA00        0
048 D02AA00 0.000
048 E01AA00        0
048 E02AA00 0.000
048 F01AA00        0
048 F02AA00 0.000
048 G01AA00        0
048 G02AA00 0.000
048 H01AA00        0
048 H02AA00 0.000
048 I01AA00        0
048 I02AA00 0.000
048 J01AA00        0
048 J02AA00 0.000
048 K01AA00        0
048 K02AA00 0.000
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 Y
054 E00AA00 Y
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 Y
054 J00AA00 N
054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 Y
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
<PAGE>      PAGE  6
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
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062 K00AA00   0.0
062 L00AA00   0.0
062 M00AA00   0.0
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062 O00AA00   0.0
062 P00AA00   0.0
062 Q00AA00   0.0
062 R00AA00   0.0
063 A00AA00   0
063 B00AA00  0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 Y
066 D00AA00 N
066 E00AA00 N
066 F00AA00 N
066 G00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 Y
070 B02AA00 N
070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 Y
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 N
070 G01AA00 Y
070 G02AA00 N
070 H01AA00 Y
070 H02AA00 N
070 I01AA00 Y
070 I02AA00 N
070 J01AA00 Y
<PAGE>      PAGE  7
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
071 A00AA00     15426
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071 C00AA00     19504
071 D00AA00   77
072 A00AA00 12
072 B00AA00      160
072 C00AA00      208
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072 E00AA00        0
072 F00AA00      225
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072 I00AA00        0
072 J00AA00        0
072 K00AA00        0
072 L00AA00        0
072 M00AA00        0
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072 O00AA00        1
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072 R00AA00        0
072 S00AA00        0
072 T00AA00        0
072 U00AA00        0
072 V00AA00        0
072 W00AA00        0
072 X00AA00      339
072 Y00AA00        0
072 Z00AA00       29
072AA00AA00     3343
072BB00AA00      588
072CC01AA00     1791
072CC02AA00        0
<PAGE>      PAGE  8
072DD01AA00       29
072DD02AA00        0
072EE00AA00     2755
073 A01AA00   0.0260
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073 B00AA00   2.4967
073 C00AA00   0.0000
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074 B00AA00        0
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074 D00AA00        0
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074 F00AA00    21182
074 G00AA00        0
074 H00AA00        0
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074 J00AA00      152
074 K00AA00        0
074 L00AA00       42
074 M00AA00        0
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074 O00AA00        0
074 P00AA00       30
074 Q00AA00        0
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074 R03AA00        0
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074 U02AA00        0
074 V01AA00    19.18
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074 W00AA00   0.0000
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077 A000000 Y
077 B000000 Y
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080 A00AA00 FIDELITY & DEPOSIT COMPANY OF MARYLAND
080 C00AA00   500000
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083 A00AA00 N
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<PAGE>      PAGE  9
084 A00AA00 N
084 B00AA00        0
085 A00AA00 N
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
SIGNATURE   KATHY LULI                                   
TITLE       MGR ADMIN SUPPORT   
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
THE FUND'S FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR THE YEAR
ENDED DECEMBER 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 01
   <NAME> PC&J PERFORMANCE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<INVESTMENTS-AT-COST>                         18919968
<INVESTMENTS-AT-VALUE>                        23784428
<RECEIVABLES>                                   194738
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                23979166
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        30469
<TOTAL-LIABILITIES>                              30469
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      19084237
<SHARES-COMMON-STOCK>                          1248376
<SHARES-COMMON-PRIOR>                          1117325
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       4864460
<NET-ASSETS>                                  23948697
<DIVIDEND-INCOME>                               207400
<INTEREST-INCOME>                               159424
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  337810
<NET-INVESTMENT-INCOME>                          29014
<REALIZED-GAINS-CURRENT>                       2754585
<APPREC-INCREASE-CURRENT>                      1791320
<NET-CHANGE-FROM-OPS>                          4574919
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        28683
<DISTRIBUTIONS-OF-GAINS>                       2754585
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         138400
<NUMBER-OF-SHARES-REDEEMED>                     152432
<SHARES-REINVESTED>                             145083
<NET-CHANGE-IN-ASSETS>                         4195633
<ACCUMULATED-NII-PRIOR>                          (331)  
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                            331
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           225207
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 337810
<AVERAGE-NET-ASSETS>                          22514576
<PER-SHARE-NAV-BEGIN>                            17.68
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           3.99
<PER-SHARE-DIVIDEND>                               .03
<PER-SHARE-DISTRIBUTIONS>                         2.49
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              19.18
<EXPENSE-RATIO>                                   1.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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