SUMMIT MUTUAL FUNDS INC
NSAR-A, EX-27, 2000-08-18
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000743773
<NAME> SUMMIT MUTUAL FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> PINNACLE SERIES BOND PORTFOLIO

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
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<INVESTMENTS-AT-VALUE>                      21,996,934
<RECEIVABLES>                                  930,994
<ASSETS-OTHER>                                   3,088
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              22,931,016
<PAYABLE-FOR-SECURITIES>                       887,830
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      182,784
<TOTAL-LIABILITIES>                          1,070,614
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    29,687,786
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                     (1,728,953)
<ACCUMULATED-NET-GAINS>                    (5,164,181)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                21,860,402
<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
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<REALIZED-GAINS-CURRENT>                   (4,775,736)
<APPREC-INCREASE-CURRENT>                    4,348,916
<NET-CHANGE-FROM-OPS>                        1,591,067
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    4,829,347
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        195,665
<NUMBER-OF-SHARES-REDEEMED>                  7,786,894
<SHARES-REINVESTED>                            518,247
<NET-CHANGE-IN-ASSETS>                    (76,567,334)
<ACCUMULATED-NII-PRIOR>                      1,076,167
<ACCUMULATED-GAINS-PRIOR>                    (382,103)
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                          130,879
<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                        59,668,287
<PER-SHARE-NAV-BEGIN>                            10.36
<PER-SHARE-NII>                                   0.72
<PER-SHARE-GAIN-APPREC>                         (0.51)
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<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.02
<EXPENSE-RATIO>                                  0.007


</TABLE>


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