<PAGE> PAGE 1
000 A000000 09/30/1999
000 C000000 0000749748
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011 A00AA01 AQUILA DISTRIBUTORS, INC.
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<PAGE> PAGE 2
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10017
012 A00AA01 PFPC INC.
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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SIGNATURE ROBERT ANDERSON
TITLE COMPLIANCE OFFICER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000749748
<NAME> PACIFIC CAPITAL CASH ASSETS TRUST
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<NAME> ORIGINAL SHARES
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<TABLE> <S> <C>
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<CIK> 0000749748
<NAME> PACIFIC CAPITAL CASH ASSETS TRUST
<SERIES>
<NUMBER> 012
<NAME> SERVICE SHARES
<S> <C>
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