EXCELSIOR FUNDS INC
NSAR-B, 1998-06-12
Previous: MAGNETEK INC, 424B3, 1998-06-12
Next: VIRCO MFG CORPORATION, 10-Q, 1998-06-12



<PAGE>      PAGE  1
000 B000000 03/31/98
000 C000000 0000751200
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 EXCELSIOR FUNDS, INC.
001 B000000 811-4088
001 C000000 6175578732
002 A000000  73 TREMONT STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02108
002 D020000 3913
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 18
007 C010100  1
007 C020100 MONEY FUND
007 C030100 N
007 C010200  2
007 C020200 GOVERNMENT MONEY FUND
007 C030200 N
007 C010300  3
007 C020300 BLENDED EQUITY FUND
007 C030300 N
007 C010400  4
007 C020400 MANAGED INCOME FUND
007 C030400 N
007 C010500  5
007 C020500 INCOME AND GROWTH FUND
007 C030500 N
007 C010600  6
007 C020600 INTERNATIONAL FUND
007 C030600 N
007 C010700  7
007 C020700 TREASURY MONEY FUND
007 C030700 N
007 C010800  8
007 C010900  9
007 C020900 SHORT-TERM GOVERNMENT SECURITIES FUND
007 C030900 N
007 C011000 10
007 C021000 INTERMEDIATE-TERM MANAGED INCOME FUND
007 C031000 N
<PAGE>      PAGE  2
007 C011100 11
007 C011200 12
007 C021200 VALUE AND RESTRUCTURING FUND
007 C031200 N
007 C011300 13
007 C011400 14
007 C021400 SMALL CAP FUND
007 C031400 N
007 C011500 15
007 C011600 16
007 C011700 17
007 C021700 ENERGY AND NATURAL RESOURCES FUND
007 C031700 N
007 C011800 18
007 C011900 19
007 C021900 PACIFIC/ASIA FUND
007 C031900 N
007 C012000 20
007 C022000 PAN EUROPEAN FUND
007 C032000 N
007 C012100 21
007 C022100 LATIN AMERICA FUND
007 C032100 N
007 C012200 22
007 C022200 LARGE CAP FUND
007 C032200 N
007 C012300 23
007 C022300 REAL ESTATE FUND
007 C032300 N
007 C012400 24
007 C022400 EMERGING MARKETS FUND
007 C032400 N
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
<PAGE>      PAGE  3
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
008 A00AA01 UNITED STATES TRUST COMPANY OF NEW YORK
008 B00AA01 A
008 C00AA01 801-000000
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10036
008 D04AA01 1532
008 A00AA02 U.S. TRUST COMPANY OF CONNECTICUT
008 B00AA02 A
008 C00AA02 801-000000
008 D01AA02 STAMFORD
008 D02AA02 CT
008 D03AA02 06905
010 A00AA01 CHASE GLOBAL FUNDS SERVICES COMPANY
<PAGE>      PAGE  4
010 B00AA01 84-1719
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02108
010 C04AA01 3913
010 A00AA02 FEDERATED ADMINISTRATIVE SERVICES
010 C01AA02 PITTSBURGH
010 C02AA02 PA
010 C03AA02 15222
010 C04AA02 3779
010 A00AA03 U.S. TRUST COMPANY OF CONNECTICUT
010 C01AA03 STAMFORD
010 C02AA03 NY
010 C03AA03 06905
010 C04AA03 1532
011 A00AA01 EDGEWOOD SERVICES, INC.
011 B00AA01 8-46985
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15237
011 C04AA01 5829
012 A00AA01 UNITED STATES TRUST COMPANY OF NEW YORK
012 B00AA01 85-1740000
012 C01AA01 NEW YORK
012 C02AA01 NY
012 C03AA01 10036
012 A00AA02 CHASE GLOBAL FUNDS SERVICES COMPANY
012 B00AA02 84-1719
012 C01AA02 BOSTON
012 C02AA02 MA
012 C03AA02 02108
012 C04AA02 3913
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02116
013 B04AA01 5072
014 A00AA01 UST SECURITIES CORP.
014 B00AA01 8-00000
015 A00AA01 THE CHASE MANHATTAN BANK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 11245
015 E01AA01 X
015 A00AA02 THE CHASE MANHATTAN BANK
015 B00AA02 C
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 11245
015 E04AA02 X
<PAGE>      PAGE  5
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   27
019 C00AA00 EXCELSIORF
020 A000001 EXECUTION SERVICES, INC.
020 B000001 13-2862329
020 C000001    180
020 A000002 JONES & CO.
020 C000002     76
020 A000003 ROCHDALE SECURITIES CORP.
020 B000003 13-3360814
020 C000003     76
020 A000004 MORGAN STANLEY & CO., INC..
020 B000004 13-2655998
020 C000004     59
020 A000005 HERZOG, HEINE, GEDULD, INC.
020 B000005 13-1955436
020 C000005     53
020 A000006 LEHMAN BROTHERS, INC.
020 B000006 94-2537674
020 C000006     48
020 A000007 INSTINET CORP.
020 B000007 13-3443395
020 C000007     42
020 A000008 BEAR STEARNS & CO., INC.
020 B000008 13-3299429
020 C000008     41
020 A000009 JEFFERIES & CO., INC.
020 B000009 95-2622920
020 C000009     40
020 A000010 MORGAN (J.P.) SECURITIES, INC.
020 B000010 13-3224016
020 C000010     30
021  000000     1068
022 A000001 CHASE MANHATTAN BANK
022 B000001 13-2633612
022 C000001   1685222
022 D000001         0
022 A000002 DILLON, READ & CO., INC.
022 B000002 13-1939216
022 C000002   1181008
022 D000002         0
022 A000003 MORGAN STANLEY & CO., INC.
022 B000003 13-2655998
022 C000003    685676
022 D000003     10321
022 A000004 DEAN WITTER REYNOLDS, INC.
022 C000004    673493
022 D000004         0
022 A000005 DREYFUS INVESTMENT SERVICES
022 C000005    290955
<PAGE>      PAGE  6
022 D000005    285780
022 A000006 FUJI BANK & TRUST
022 C000006    550496
022 D000006     18321
022 A000007 GOLDMAN SACHS
022 B000007 13-5108880
022 C000007    501748
022 D000007     17334
022 A000008 FIDELITY BROKERAGE
022 C000008    185846
022 D000008    175409
022 A000009 GENERAL ELECTRIC CREDIT
022 C000009    298580
022 D000009       900
022 A000010 BANKERS TRUST COMPANY
022 B000010 13-4941247
022 C000010    298388
022 D000010        33
023 C000000   99149098
023 D000000    4705046
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
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
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
<PAGE>      PAGE  7
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
077 A000000 Y
077 B000000 Y
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A00AA00 RELIANCE INSURANCE COMPANY
080 C00AA00     5000
081 A00AA00 Y
081 B00AA00  33
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
<PAGE>      PAGE  8
086 F010000      0
086 F020000      0
024  000100 N
028 A010100    182899
028 A020100       338
028 A030100         0
028 A040100    202602
028 B010100    209387
028 B020100       379
028 B030100         0
028 B040100    150088
028 C010100    265277
028 C020100       355
028 C030100         0
028 C040100    282305
028 D010100    242760
028 D020100       388
028 D030100         0
028 D040100    189651
028 E010100    277746
028 E020100       381
028 E030100         0
028 E040100    192305
028 F010100    229015
028 F020100       335
028 F030100         0
028 F040100    203035
028 G010100   1407084
028 G020100      2176
028 G030100         0
028 G040100   1219986
028 H000100         0
045  000100 Y
046  000100 Y
047  000100 Y
048  000100  0.250
048 A010100        0
048 A020100 0.000
048 B010100        0
048 B020100 0.000
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
<PAGE>      PAGE  9
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100      500
062 A000100 Y
062 B000100   0.0
062 C000100  63.1
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100  36.2
062 J000100   0.0
062 K000100   0.0
062 L000100   1.0
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  13
063 B000100  0.0
064 A000100 Y
064 B000100 N
066 A000100 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
<PAGE>      PAGE  10
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 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100 12
072 B000100    28486
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100     1267
072 G000100     1007
072 H000100        0
072 I000100       48
072 J000100      144
072 K000100        0
072 L000100       12
072 M000100       24
072 N000100       26
072 O000100        0
072 P000100        0
<PAGE>      PAGE  11
072 Q000100        0
072 R000100       36
072 S000100       45
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100       48
072 X000100     2657
072 Y000100      231
072 Z000100    26061
072AA000100       13
072BB000100        0
072CC010100        0
072CC020100        0
072DD010100    26061
072DD020100        0
072EE000100        0
073 A010100   0.0514
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100        0
074 C000100   660610
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100     1299
074 M000100       25
074 N000100   661934
074 O000100        0
074 P000100      213
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     2849
074 S000100        0
074 T000100   658872
074 U010100   659093
074 U020100        0
074 V010100     1.00
074 V020100     0.00
074 W000100   0.9997
074 X000100     1131
074 Y000100        0
<PAGE>      PAGE  12
075 A000100   506971
075 B000100        0
076  000100     0.00
024  000200 N
028 A010200    392836
028 A020200       104
028 A030200         0
028 A040200    361099
028 B010200    392185
028 B020200       115
028 B030200         0
028 B040200    410595
028 C010200    658555
028 C020200       149
028 C030200         0
028 C040200    652463
028 D010200    420522
028 D020200       156
028 D030200         0
028 D040200    420409
028 E010200    432478
028 E020200       161
028 E030200         0
028 E040200    405342
028 F010200    449525
028 F020200       144
028 F030200         0
028 F040200    436925
028 G010200   2746101
028 G020200       829
028 G030200         0
028 G040200   2686833
028 H000200         0
045  000200 Y
046  000200 Y
047  000200 Y
048  000200  0.250
048 A010200        0
048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
<PAGE>      PAGE  13
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
058 A000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200      500
062 A000200 Y
062 B000200   0.0
062 C000200 100.0
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  10
063 B000200  0.0
064 A000200 Y
064 B000200 N
066 A000200 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
<PAGE>      PAGE  14
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200         0
071 B000200         0
071 C000200         0
071 D000200    0
072 A000200 12
072 B000200    30771
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200     1385
072 G000200     1017
072 H000200        0
072 I000200       17
072 J000200      152
072 K000200        0
072 L000200       14
072 M000200       28
072 N000200       15
072 O000200        0
<PAGE>      PAGE  15
072 P000200        0
072 Q000200        0
072 R000200       41
072 S000200       47
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200       76
072 X000200     2792
072 Y000200      169
072 Z000200    28148
072AA000200        0
072BB000200        9
072CC010200        0
072CC020200        0
072DD010200    28148
072DD020200        0
072EE000200        0
073 A010200   0.0508
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200        0
074 B000200        0
074 C000200   601646
074 D000200        0
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200     1480
074 M000200       30
074 N000200   603156
074 O000200        0
074 P000200      226
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200     2813
074 S000200        0
074 T000200   600117
074 U010200   600215
074 U020200        0
074 V010200     1.00
074 V020200     0.00
074 W000200   0.9998
074 X000200      276
<PAGE>      PAGE  16
074 Y000200        0
075 A000200   553428
075 B000200        0
076  000200     0.00
024  000300 Y
025 A000301 MORGAN STANLEY
025 B000301 13-2655998
025 C000301 E
025 D000301   14771
025 D000302       0
025 D000303       0
025 D000304       0
025 D000305       0
025 D000306       0
025 D000307       0
025 D000308       0
028 A010300      3931
028 A020300       146
028 A030300         0
028 A040300     15379
028 B010300      2506
028 B020300         0
028 B030300         0
028 B040300      7946
028 C010300      5233
028 C020300     11046
028 C030300         0
028 C040300      6035
028 D010300      5376
028 D020300         0
028 D030300         0
028 D040300     10806
028 E010300      4511
028 E020300         0
028 E030300         0
028 E040300      6301
028 F010300      7016
028 F020300         0
028 F030300         0
028 F040300     22380
028 G010300     28573
028 G020300     11192
028 G030300         0
028 G040300     68847
028 H000300         0
045  000300 Y
046  000300 Y
047  000300 Y
048  000300  0.750
048 A010300        0
048 A020300 0.000
<PAGE>      PAGE  17
048 B010300        0
048 B020300 0.000
048 C010300        0
048 C020300 0.000
048 D010300        0
048 D020300 0.000
048 E010300        0
048 E020300 0.000
048 F010300        0
048 F020300 0.000
048 G010300        0
048 G020300 0.000
048 H010300        0
048 H020300 0.000
048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300        0
048 K020300 0.000
049  000300 N
050  000300 N
051  000300 N
052  000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
058 A000300 N
059  000300 Y
060 A000300 Y
060 B000300 Y
061  000300      500
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
066 A000300 Y
<PAGE>      PAGE  18
066 B000300 N
066 C000300 Y
066 D000300 N
066 E000300 N
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 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
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 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
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    126097
071 B000300    191815
071 C000300    442881
071 D000300   28
072 A000300 12
<PAGE>      PAGE  19
072 B000300      532
072 C000300     6631
072 D000300        0
072 E000300        0
072 F000300     3472
072 G000300      891
072 H000300        0
072 I000300      172
072 J000300      140
072 K000300        0
072 L000300       43
072 M000300       26
072 N000300       22
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300       47
072 S000300       55
072 T000300        0
072 U000300        0
072 V000300        0
072 W000300       63
072 X000300     4931
072 Y000300      333
072 Z000300     2565
072AA000300    41083
072BB000300        0
072CC010300   205385
072CC020300        0
072DD010300     2291
072DD020300        0
072EE000300    38375
073 A010300   0.1600
073 A020300   0.0500
073 B000300   2.2800
073 C000300   0.0000
074 A000300        1
074 B000300        0
074 C000300     1731
074 D000300        0
074 E000300        0
074 F000300   593089
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300        0
074 K000300        0
074 L000300      746
074 M000300       24
074 N000300   595591
074 O000300        0
<PAGE>      PAGE  20
074 P000300      420
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      262
074 S000300        0
074 T000300   594909
074 U010300    16471
074 U020300        0
074 V010300    36.12
074 V020300     0.00
074 W000300   0.0000
074 X000300     3021
074 Y000300        0
075 A000300        0
075 B000300   463858
076  000300     0.00
024  000400 Y
025 A000401 MORGAN STANLEY
025 B000401 13-2655998
025 C000401 D
025 D000401    5023
025 A000402 GOLDMAN SACHS
025 C000402 D
025 D000402    5051
025 A000403 LEHMAN BROTHERS HOLDINGS
025 C000403 D
025 D000403    5190
025 D000404       0
025 D000405       0
025 D000406       0
025 D000407       0
025 D000408       0
028 A010400      3295
028 A020400         0
028 A030400         0
028 A040400      2072
028 B010400      1916
028 B020400       153
028 B030400         0
028 B040400       889
028 C010400      2887
028 C020400       182
028 C030400         0
028 C040400      2104
028 D010400      3374
028 D020400       153
028 D030400         0
028 D040400      3864
028 E010400      3732
<PAGE>      PAGE  21
028 E020400       147
028 E030400         0
028 E040400      1364
028 F010400      2332
028 F020400       133
028 F030400         0
028 F040400      6327
028 G010400     17536
028 G020400       768
028 G030400         0
028 G040400     16620
028 H000400         0
045  000400 Y
046  000400 Y
047  000400 Y
048  000400  0.750
048 A010400        0
048 A020400 0.000
048 B010400        0
048 B020400 0.000
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
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        0
048 K020400 0.000
049  000400 N
050  000400 N
051  000400 N
052  000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
058 A000400 N
059  000400 Y
060 A000400 Y
060 B000400 Y
061  000400      500
062 A000400 Y
<PAGE>      PAGE  22
062 B000400   0.0
062 C000400  17.8
062 D000400   0.0
062 E000400   0.0
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
062 I000400   0.0
062 J000400   0.0
062 K000400   0.0
062 L000400   3.0
062 M000400  28.8
062 N000400   0.0
062 O000400   0.0
062 P000400  37.4
062 Q000400  12.4
062 R000400   0.0
063 A000400   0
063 B000400 15.8
064 A000400 Y
064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 Y
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 Y
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 N
<PAGE>      PAGE  23
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    881894
071 B000400    889169
071 C000400    163908
071 D000400  538
072 A000400 12
072 B000400    12378
072 C000400        0
072 D000400        0
072 E000400        0
072 F000400     1448
072 G000400      347
072 H000400        0
072 I000400       32
072 J000400       58
072 K000400        0
072 L000400       16
072 M000400       10
072 N000400       11
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400       16
072 S000400       17
072 T000400        0
072 U000400        0
072 V000400        0
072 W000400       22
072 X000400     1977
072 Y000400      244
072 Z000400    10646
072AA000400     8506
072BB000400        0
072CC010400     3889
072CC020400        0
072DD010400    10646
072DD020400        0
072EE000400        0
073 A010400   0.4900
073 A020400   0.0000
073 B000400   0.0100
<PAGE>      PAGE  24
073 C000400   0.0000
074 A000400       13
074 B000400        0
074 C000400     5913
074 D000400   189104
074 E000400        0
074 F000400        0
074 G000400        0
074 H000400        0
074 I000400        0
074 J000400        0
074 K000400        0
074 L000400     2099
074 M000400        9
074 N000400   197138
074 O000400        0
074 P000400      138
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400      903
074 S000400        0
074 T000400   196097
074 U010400    21395
074 U020400        0
074 V010400     9.17
074 V020400     0.00
074 W000400   0.0000
074 X000400      649
074 Y000400        0
075 A000400        0
075 B000400   193058
076  000400     0.00
024  000500 Y
025 A000501 MORGAN STANLEY
025 B000501 13-2655998
025 C000501 E
025 D000501    3279
025 D000502       0
025 D000503       0
025 D000504       0
025 D000505       0
025 D000506       0
025 D000507       0
025 D000508       0
028 A010500      1984
028 A020500       219
028 A030500         0
028 A040500      3169
028 B010500       760
<PAGE>      PAGE  25
028 B020500         0
028 B030500         0
028 B040500      2364
028 C010500      1367
028 C020500      5483
028 C030500         0
028 C040500      1892
028 D010500      1434
028 D020500         0
028 D030500         0
028 D040500      5805
028 E010500      1139
028 E020500         0
028 E030500         0
028 E040500      3755
028 F010500      1265
028 F020500         0
028 F030500         0
028 F040500     10168
028 G010500      7949
028 G020500      5702
028 G030500         0
028 G040500     27153
028 H000500         0
045  000500 Y
046  000500 Y
047  000500 Y
048  000500  0.750
048 A010500        0
048 A020500 0.000
048 B010500        0
048 B020500 0.000
048 C010500        0
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        0
048 K020500 0.000
049  000500 N
<PAGE>      PAGE  26
050  000500 N
051  000500 N
052  000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
058 A000500 N
059  000500 Y
060 A000500 Y
060 B000500 Y
061  000500      500
062 A000500 N
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   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 N
066 E000500 Y
066 F000500 N
066 G000500 N
067  000500 Y
068 A000500 N
068 B000500 N
069  000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
<PAGE>      PAGE  27
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 Y
070 K020500 N
070 L010500 Y
070 L020500 N
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     45252
071 B000500     66626
071 C000500    140323
071 D000500   32
072 A000500 12
072 B000500     2699
072 C000500     1798
072 D000500        0
072 E000500        0
072 F000500     1101
072 G000500      336
072 H000500        0
072 I000500       65
072 J000500       41
072 K000500        0
072 L000500        9
072 M000500        8
072 N000500       12
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500       11
072 S000500       14
072 T000500        0
072 U000500        0
072 V000500        0
<PAGE>      PAGE  28
072 W000500       16
072 X000500     1613
072 Y000500      111
072 Z000500     2996
072AA000500    19208
072BB000500        0
072CC010500    19296
072CC020500        0
072DD010500     2916
072DD020500        0
072EE000500    15372
073 A010500   0.3400
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500        0
074 C000500        0
074 D000500    26897
074 E000500     4834
074 F000500   111379
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        0
074 L000500     3104
074 M000500        7
074 N000500   146221
074 O000500     1852
074 P000500      107
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500     6209
074 S000500        0
074 T000500   138053
074 U010500     7692
074 U020500        0
074 V010500    17.95
074 V020500     0.00
074 W000500   0.0000
074 X000500     1424
074 Y000500        0
075 A000500        0
075 B000500   146846
076  000500     0.00
024  000600 N
028 A010600      9726
028 A020600         0
<PAGE>      PAGE  29
028 A030600         0
028 A040600      2735
028 B010600      5362
028 B020600         0
028 B030600         0
028 B040600      3502
028 C010600      6709
028 C020600       763
028 C030600         0
028 C040600      2135
028 D010600      7020
028 D020600       -12
028 D030600         0
028 D040600      5925
028 E010600      4632
028 E020600         0
028 E030600         0
028 E040600      3427
028 F010600      7943
028 F020600         0
028 F030600         0
028 F040600      4627
028 G010600     41392
028 G020600       751
028 G030600         0
028 G040600     22351
028 H000600         0
045  000600 Y
046  000600 Y
047  000600 Y
048  000600  1.000
048 A010600        0
048 A020600 0.000
048 B010600        0
048 B020600 0.000
048 C010600        0
048 C020600 0.000
048 D010600        0
048 D020600 0.000
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
<PAGE>      PAGE  30
048 K010600        0
048 K020600 0.000
049  000600 N
050  000600 N
051  000600 N
052  000600 N
053 A000600 Y
053 B000600 Y
053 C000600 N
058 A000600 N
059  000600 Y
060 A000600 Y
060 B000600 Y
061  000600      500
062 A000600 N
062 B000600   0.0
062 C000600   0.0
062 D000600   0.0
062 E000600   0.0
062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
062 I000600   0.0
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   0
063 B000600  0.0
066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 Y
067  000600 N
068 A000600 N
068 B000600 Y
069  000600 N
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 N
070 C020600 N
<PAGE>      PAGE  31
070 D010600 N
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 Y
070 N010600 Y
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    105235
071 B000600     59442
071 C000600    159940
071 D000600   37
072 A000600 12
072 B000600      694
072 C000600     2354
072 D000600        0
072 E000600        0
072 F000600     1726
072 G000600      480
072 H000600        0
072 I000600       57
072 J000600      272
072 K000600        0
072 L000600       11
072 M000600        8
072 N000600       13
072 O000600        0
072 P000600        0
072 Q000600        0
<PAGE>      PAGE  32
072 R000600       13
072 S000600       15
072 T000600        0
072 U000600        0
072 V000600        0
072 W000600       33
072 X000600     2628
072 Y000600      135
072 Z000600      555
072AA000600     2175
072BB000600        0
072CC010600    27209
072CC020600        0
072DD010600      837
072DD020600        0
072EE000600     6391
073 A010600   0.0600
073 A020600   0.0000
073 B000600   0.4300
073 C000600   0.0000
074 A000600     1347
074 B000600        0
074 C000600     6252
074 D000600        0
074 E000600     1834
074 F000600   194144
074 G000600        0
074 H000600        0
074 I000600      492
074 J000600      791
074 K000600        0
074 L000600      549
074 M000600      476
074 N000600   205885
074 O000600      728
074 P000600      200
074 Q000600        0
074 R010600        0
074 R020600        0
074 R030600        0
074 R040600       68
074 S000600        0
074 T000600   204889
074 U010600    15763
074 U020600        0
074 V010600    13.00
074 V020600     0.00
074 W000600   0.0000
074 X000600      844
074 Y000600        0
075 A000600        0
<PAGE>      PAGE  33
075 B000600   172644
076  000600     0.00
024  000700 N
028 A010700    213333
028 A020700       126
028 A030700         0
028 A040700    204945
028 B010700    218499
028 B020700       164
028 B030700         0
028 B040700    195247
028 C010700    234944
028 C020700       152
028 C030700         0
028 C040700    203193
028 D010700    233225
028 D020700       177
028 D030700         0
028 D040700    210643
028 E010700    243942
028 E020700       211
028 E030700         0
028 E040700    214428
028 F010700    169113
028 F020700       231
028 F030700         0
028 F040700    189325
028 G010700   1313056
028 G020700      1061
028 G030700         0
028 G040700   1217781
028 H000700         0
045  000700 Y
046  000700 Y
047  000700 Y
048  000700  0.300
048 A010700        0
048 A020700 0.000
048 B010700        0
048 B020700 0.000
048 C010700        0
048 C020700 0.000
048 D010700        0
048 D020700 0.000
048 E010700        0
048 E020700 0.000
048 F010700        0
048 F020700 0.000
048 G010700        0
048 G020700 0.000
048 H010700        0
<PAGE>      PAGE  34
048 H020700 0.000
048 I010700        0
048 I020700 0.000
048 J010700        0
048 J020700 0.000
048 K010700        0
048 K020700 0.000
049  000700 N
050  000700 N
051  000700 N
052  000700 N
053 A000700 Y
053 B000700 Y
053 C000700 N
058 A000700 N
059  000700 Y
060 A000700 Y
060 B000700 Y
061  000700      500
062 A000700 Y
062 B000700   0.0
062 C000700 100.1
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   0.3
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  14
063 B000700  0.0
064 A000700 Y
064 B000700 N
066 A000700 N
067  000700 N
068 A000700 N
068 B000700 N
069  000700 N
070 A010700 N
070 A020700 N
070 B010700 N
070 B020700 N
070 C010700 N
<PAGE>      PAGE  35
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
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 N
070 K010700 Y
070 K020700 Y
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 N
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700         0
071 B000700         0
071 C000700         0
071 D000700    0
072 A000700 12
072 B000700    21353
072 C000700        0
072 D000700        0
072 E000700        0
072 F000700     1191
072 G000700      690
072 H000700        0
072 I000700       10
072 J000700      105
072 K000700        0
072 L000700        9
072 M000700       18
072 N000700       12
072 O000700        0
072 P000700        0
<PAGE>      PAGE  36
072 Q000700        0
072 R000700       30
072 S000700       34
072 T000700        0
072 U000700        0
072 V000700        0
072 W000700       40
072 X000700     2139
072 Y000700       83
072 Z000700    19297
072AA000700        7
072BB000700        0
072CC010700        0
072CC020700        0
072DD010700    19297
072DD020700        0
072EE000700        0
073 A010700   0.0485
073 A020700   0.0000
073 B000700   0.0000
073 C000700   0.0000
074 A000700        0
074 B000700        0
074 C000700   470097
074 D000700        0
074 E000700        0
074 F000700        0
074 G000700        0
074 H000700        0
074 I000700     1402
074 J000700        0
074 K000700        0
074 L000700      322
074 M000700       18
074 N000700   471839
074 O000700        0
074 P000700      188
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700     2011
074 S000700        0
074 T000700   469640
074 U010700   469651
074 U020700        0
074 V010700     1.00
074 V020700     0.00
074 W000700   1.0000
074 X000700        0
074 Y000700        0
<PAGE>      PAGE  37
075 A000700   397156
075 B000700        0
076  000700     0.00
024  000900 N
028 A010900       488
028 A020900         0
028 A030900         0
028 A040900       593
028 B010900       632
028 B020900        30
028 B030900         0
028 B040900      1128
028 C010900      1382
028 C020900        25
028 C030900         0
028 C040900       617
028 D010900      1031
028 D020900        30
028 D030900         0
028 D040900      1450
028 E010900       415
028 E020900        31
028 E030900         0
028 E040900       751
028 F010900      2106
028 F020900        27
028 F030900         0
028 F040900      1239
028 G010900      6054
028 G020900       143
028 G030900         0
028 G040900      5778
028 H000900         0
045  000900 Y
046  000900 Y
047  000900 Y
048  000900  0.300
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
<PAGE>      PAGE  38
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 0.000
049  000900 N
050  000900 N
051  000900 N
052  000900 N
053 A000900 Y
053 B000900 Y
053 C000900 N
058 A000900 N
059  000900 Y
060 A000900 Y
060 B000900 Y
061  000900      500
062 A000900 Y
062 B000900  47.9
062 C000900  48.8
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   4.3
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  1.2
064 A000900 Y
064 B000900 N
066 A000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 Y
070 B010900 N
070 B020900 N
<PAGE>      PAGE  39
070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 Y
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 N
070 K010900 Y
070 K020900 Y
070 L010900 Y
070 L020900 N
070 M010900 N
070 M020900 N
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      9692
071 B000900      8224
071 C000900     23252
071 D000900   35
072 A000900 12
072 B000900     1857
072 C000900        0
072 D000900        0
072 E000900        0
072 F000900       94
072 G000900       68
072 H000900        0
072 I000900        7
072 J000900       14
072 K000900        0
072 L000900        3
072 M000900        2
072 N000900       13
072 O000900        0
<PAGE>      PAGE  40
072 P000900        0
072 Q000900        0
072 R000900        2
072 S000900        3
072 T000900        0
072 U000900        3
072 V000900        0
072 W000900        6
072 X000900      216
072 Y000900       22
072 Z000900     1662
072AA000900       14
072BB000900        0
072CC010900      314
072CC020900        0
072DD010900     1662
072DD020900        0
072EE000900        0
073 A010900   0.3700
073 A020900   0.0000
073 B000900   0.0000
073 C000900   0.0000
074 A000900       74
074 B000900        0
074 C000900    32858
074 D000900        0
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900        0
074 J000900        0
074 K000900        0
074 L000900      282
074 M000900        1
074 N000900    33215
074 O000900        0
074 P000900        9
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900      659
074 S000900        0
074 T000900    32547
074 U010900     4649
074 U020900        0
074 V010900     7.00
074 V020900     0.00
074 W000900   0.0000
074 X000900      125
<PAGE>      PAGE  41
074 Y000900        0
075 A000900        0
075 B000900    32859
076  000900     0.00
024  001000 N
028 A011000      2634
028 A021000         0
028 A031000         0
028 A041000       650
028 B011000      1735
028 B021000        24
028 B031000         0
028 B041000       703
028 C011000      2520
028 C021000        21
028 C031000         0
028 C041000       909
028 D011000      3563
028 D021000        23
028 D031000         0
028 D041000      3894
028 E011000      3190
028 E021000        23
028 E031000         0
028 E041000       833
028 F011000      2735
028 F021000        22
028 F031000         0
028 F041000      1474
028 G011000     16377
028 G021000       113
028 G031000         0
028 G041000      8463
028 H001000         0
045  001000 Y
046  001000 Y
047  001000 Y
048  001000  0.350
048 A011000        0
048 A021000 0.000
048 B011000        0
048 B021000 0.000
048 C011000        0
048 C021000 0.000
048 D011000        0
048 D021000 0.000
048 E011000        0
048 E021000 0.000
048 F011000        0
048 F021000 0.000
048 G011000        0
<PAGE>      PAGE  42
048 G021000 0.000
048 H011000        0
048 H021000 0.000
048 I011000        0
048 I021000 0.000
048 J011000        0
048 J021000 0.000
048 K011000        0
048 K021000 0.000
049  001000 N
050  001000 N
051  001000 N
052  001000 N
053 A001000 Y
053 B001000 Y
053 C001000 N
058 A001000 N
059  001000 Y
060 A001000 Y
060 B001000 Y
061  001000      500
062 A001000 Y
062 B001000   0.0
062 C001000   0.0
062 D001000   0.0
062 E001000   0.0
062 F001000   0.0
062 G001000   0.0
062 H001000   0.0
062 I001000   0.0
062 J001000   0.0
062 K001000   0.0
062 L001000   6.8
062 M001000  45.8
062 N001000  31.5
062 O001000   0.0
062 P001000   6.0
062 Q001000   9.6
062 R001000   0.0
063 A001000   0
063 B001000  7.0
064 A001000 Y
064 B001000 N
066 A001000 N
067  001000 N
068 A001000 N
068 B001000 N
069  001000 N
070 A011000 Y
070 A021000 Y
070 B011000 N
<PAGE>      PAGE  43
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 Y
070 L011000 Y
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000     65821
071 B001000     65222
071 C001000     75793
071 D001000   86
072 A001000 12
072 B001000     5450
072 C001000        0
072 D001000        0
072 E001000        0
072 F001000      303
072 G001000      175
072 H001000        0
072 I001000       17
072 J001000       28
072 K001000        0
072 L001000        8
072 M001000        4
072 N001000       12
<PAGE>      PAGE  44
072 O001000        0
072 P001000        0
072 Q001000        0
072 R001000        6
072 S001000        8
072 T001000        0
072 U001000        3
072 V001000        0
072 W001000       11
072 X001000      575
072 Y001000       43
072 Z001000     4918
072AA001000      523
072BB001000        0
072CC011000     3735
072CC021000        0
072DD011000     4918
072DD021000        0
072EE001000        0
073 A011000   0.4100
073 A021000   0.0000
073 B001000   0.0000
073 C001000   0.0000
074 A001000        0
074 B001000        0
074 C001000    88212
074 D001000        0
074 E001000        0
074 F001000        0
074 G001000        0
074 H001000        0
074 I001000     6477
074 J001000        0
074 K001000        0
074 L001000      746
074 M001000        4
074 N001000    95439
074 O001000        0
074 P001000       40
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000      464
074 S001000        0
074 T001000    94935
074 U011000    13133
074 U021000        0
074 V011000     7.23
074 V021000     0.00
074 W001000   0.0000
<PAGE>      PAGE  45
074 X001000      308
074 Y001000        0
075 A001000        0
075 B001000    86575
076  001000     0.00
028 A011100       146
028 A021100         2
028 A031100         0
028 A041100      1182
028 B011100       162
028 B021100         0
028 B031100         0
028 B041100      1129
028 C011100        96
028 C021100         0
028 C031100         0
028 C041100      1478
028 D011100        69
028 D021100         5
028 D031100         0
028 D041100       805
028 E011100       368
028 E021100         0
028 E031100         0
028 E041100       972
028 F011100        51
028 F021100       185
028 F031100         0
028 F041100       375
028 G011100       892
028 G021100       192
028 G031100         0
028 G041100      5941
028 H001100         0
062 A001100 N
062 B001100   0.0
062 C001100   0.0
062 D001100   0.0
062 E001100   0.0
062 F001100   0.0
062 G001100   0.0
062 H001100   0.0
062 I001100   0.0
062 J001100   0.0
062 K001100   0.0
062 L001100   0.0
062 M001100   0.0
062 N001100   0.0
062 O001100   0.0
062 P001100   0.0
062 Q001100   0.0
<PAGE>      PAGE  46
062 R001100   0.0
024  001200 Y
025 A001201 J.P. MORGAN
025 B001201 13-3224016
025 C001201 E
025 D001201    5775
025 D001202       0
025 D001203       0
025 D001204       0
025 D001205       0
025 D001206       0
025 D001207       0
025 D001208       0
028 A011200     13894
028 A021200        41
028 A031200         0
028 A041200      1538
028 B011200      6834
028 B021200         0
028 B031200         0
028 B041200      2178
028 C011200     13924
028 C021200       588
028 C031200         0
028 C041200      1813
028 D011200     33798
028 D021200         0
028 D031200         0
028 D041200      3473
028 E011200     37094
028 E021200         0
028 E031200         0
028 E041200      2276
028 F011200     57820
028 F021200         0
028 F031200         0
028 F041200      7425
028 G011200    163364
028 G021200       629
028 G031200         0
028 G041200     18703
028 H001200         0
045  001200 Y
046  001200 Y
047  001200 Y
048  001200  0.600
048 A011200        0
048 A021200 0.000
048 B011200        0
048 B021200 0.000
048 C011200        0
<PAGE>      PAGE  47
048 C021200 0.000
048 D011200        0
048 D021200 0.000
048 E011200        0
048 E021200 0.000
048 F011200        0
048 F021200 0.000
048 G011200        0
048 G021200 0.000
048 H011200        0
048 H021200 0.000
048 I011200        0
048 I021200 0.000
048 J011200        0
048 J021200 0.000
048 K011200        0
048 K021200 0.000
049  001200 N
050  001200 N
051  001200 N
052  001200 N
053 A001200 Y
053 B001200 Y
053 C001200 N
058 A001200 N
059  001200 Y
060 A001200 Y
060 B001200 Y
061  001200      500
062 A001200 N
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
062 E001200   0.0
062 F001200   0.0
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0
062 J001200   0.0
062 K001200   0.0
062 L001200   0.0
062 M001200   0.0
062 N001200   0.0
062 O001200   0.0
062 P001200   0.0
062 Q001200   0.0
062 R001200   0.0
066 A001200 Y
066 B001200 N
066 C001200 Y
066 D001200 N
<PAGE>      PAGE  48
066 E001200 N
066 F001200 N
066 G001200 N
067  001200 N
068 A001200 N
068 B001200 N
069  001200 N
070 A011200 Y
070 A021200 N
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 Y
070 K011200 Y
070 K021200 N
070 L011200 Y
070 L021200 N
070 M011200 Y
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 Y
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200    238743
071 B001200     62618
071 C001200    209208
071 D001200   30
072 A001200 12
072 B001200      247
072 C001200     2733
072 D001200        0
<PAGE>      PAGE  49
072 E001200        0
072 F001200     1249
072 G001200      406
072 H001200        0
072 I001200       74
072 J001200       67
072 K001200        0
072 L001200       10
072 M001200        8
072 N001200       38
072 O001200        0
072 P001200        0
072 Q001200        0
072 R001200       13
072 S001200       17
072 T001200        0
072 U001200        3
072 V001200        0
072 W001200       49
072 X001200     1934
072 Y001200       88
072 Z001200     1134
072AA001200     4596
072BB001200        0
072CC011200    80592
072CC021200        0
072DD011200      856
072DD021200        0
072EE001200     2884
073 A011200   0.0900
073 A021200   0.0200
073 B001200   0.0000
073 C001200   0.0000
074 A001200        0
074 B001200        0
074 C001200    13873
074 D001200        0
074 E001200     7689
074 F001200   378067
074 G001200        0
074 H001200        0
074 I001200        0
074 J001200        0
074 K001200        0
074 L001200     3175
074 M001200        9
074 N001200   402813
074 O001200    13349
074 P001200      193
074 Q001200        0
074 R011200        0
<PAGE>      PAGE  50
074 R021200        0
074 R031200        0
074 R041200      823
074 S001200        0
074 T001200   388448
074 U011200    16326
074 U021200        0
074 V011200    23.79
074 V021200     0.00
074 W001200   0.0000
074 X001200     5783
074 Y001200        0
075 A001200        0
075 B001200   208337
076  001200     0.00
028 A011300       143
028 A021300         0
028 A031300         0
028 A041300      3915
028 B011300        42
028 B021300         0
028 B031300         0
028 B041300      2091
028 C011300        87
028 C021300         0
028 C031300         0
028 C041300      3507
028 D011300       386
028 D021300         1
028 D031300         0
028 D041300      1518
028 E011300       664
028 E021300         0
028 E031300         0
028 E041300      1340
028 F011300         3
028 F021300       690
028 F031300         0
028 F041300       240
028 G011300      1325
028 G021300       691
028 G031300         0
028 G041300     12611
028 H001300         0
062 A001300 N
062 B001300   0.0
062 C001300   0.0
062 D001300   0.0
062 E001300   0.0
062 F001300   0.0
062 G001300   0.0
<PAGE>      PAGE  51
062 H001300   0.0
062 I001300   0.0
062 J001300   0.0
062 K001300   0.0
062 L001300   0.0
062 M001300   0.0
062 N001300   0.0
062 O001300   0.0
062 P001300   0.0
062 Q001300   0.0
062 R001300   0.0
024  001400 N
028 A011400      4301
028 A021400         0
028 A031400         0
028 A041400       456
028 B011400      1523
028 B021400         0
028 B031400         0
028 B041400      1346
028 C011400      1390
028 C021400         0
028 C031400         0
028 C041400       759
028 D011400      1513
028 D021400         0
028 D031400         0
028 D041400      1313
028 E011400       995
028 E021400         0
028 E031400         0
028 E041400      1068
028 F011400      1424
028 F021400         0
028 F031400         0
028 F041400      3287
028 G011400     11146
028 G021400         0
028 G031400         0
028 G041400      8229
028 H001400         0
045  001400 Y
046  001400 Y
047  001400 Y
048  001400  0.600
048 A011400        0
048 A021400 0.000
048 B011400        0
048 B021400 0.000
048 C011400        0
048 C021400 0.000
<PAGE>      PAGE  52
048 D011400        0
048 D021400 0.000
048 E011400        0
048 E021400 0.000
048 F011400        0
048 F021400 0.000
048 G011400        0
048 G021400 0.000
048 H011400        0
048 H021400 0.000
048 I011400        0
048 I021400 0.000
048 J011400        0
048 J021400 0.000
048 K011400        0
048 K021400 0.000
049  001400 N
050  001400 N
051  001400 N
052  001400 N
053 A001400 Y
053 B001400 Y
053 C001400 N
058 A001400 N
059  001400 Y
060 A001400 Y
060 B001400 Y
061  001400      500
062 A001400 N
062 B001400   0.0
062 C001400   0.0
062 D001400   0.0
062 E001400   0.0
062 F001400   0.0
062 G001400   0.0
062 H001400   0.0
062 I001400   0.0
062 J001400   0.0
062 K001400   0.0
062 L001400   0.0
062 M001400   0.0
062 N001400   0.0
062 O001400   0.0
062 P001400   0.0
062 Q001400   0.0
062 R001400   0.0
066 A001400 Y
066 B001400 N
066 C001400 Y
066 D001400 N
066 E001400 N
<PAGE>      PAGE  53
066 F001400 N
066 G001400 N
067  001400 N
068 A001400 N
068 B001400 N
069  001400 N
070 A011400 Y
070 A021400 N
070 B011400 Y
070 B021400 N
070 C011400 Y
070 C021400 N
070 D011400 Y
070 D021400 N
070 E011400 Y
070 E021400 N
070 F011400 Y
070 F021400 N
070 G011400 Y
070 G021400 N
070 H011400 Y
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 N
070 L011400 Y
070 L021400 N
070 M011400 Y
070 M021400 N
070 N011400 Y
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 Y
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400     41119
071 B001400     43979
071 C001400     56448
071 D001400   73
072 A001400 12
072 B001400      231
072 C001400      250
072 D001400        0
072 E001400        0
<PAGE>      PAGE  54
072 F001400      362
072 G001400      134
072 H001400        0
072 I001400       41
072 J001400       24
072 K001400        0
072 L001400        3
072 M001400        3
072 N001400       20
072 O001400        0
072 P001400        0
072 Q001400        0
072 R001400        4
072 S001400        5
072 T001400        0
072 U001400        3
072 V001400        0
072 W001400        9
072 X001400      608
072 Y001400       42
072 Z001400      -84
072AA001400     3491
072BB001400        0
072CC011400    12327
072CC021400        0
072DD011400        0
072DD021400        0
072EE001400        0
073 A011400   0.0000
073 A021400   0.0000
073 B001400   0.0000
073 C001400   0.0000
074 A001400        0
074 B001400        0
074 C001400     3608
074 D001400        0
074 E001400        0
074 F001400    64965
074 G001400        0
074 H001400        0
074 I001400        0
074 J001400        0
074 K001400        0
074 L001400       44
074 M001400        3
074 N001400    68620
074 O001400        0
074 P001400       45
074 Q001400        0
074 R011400        0
074 R021400        0
<PAGE>      PAGE  55
074 R031400        0
074 R041400       27
074 S001400        0
074 T001400    68548
074 U011400     5736
074 U021400        0
074 V011400    11.95
074 V021400     0.00
074 W001400   0.0000
074 X001400      784
074 Y001400        0
075 A001400        0
075 B001400    60434
076  001400     0.00
028 A011500        36
028 A021500         0
028 A031500         0
028 A041500       296
028 B011500        11
028 B021500         0
028 B031500         0
028 B041500       364
028 C011500        16
028 C021500         0
028 C031500         0
028 C041500      1574
028 D011500        31
028 D021500         0
028 D031500         0
028 D041500       540
028 E011500         7
028 E021500         0
028 E031500         0
028 E041500       399
028 F011500         1
028 F021500        43
028 F031500         0
028 F041500        49
028 G011500       102
028 G021500        43
028 G031500         0
028 G041500      3222
028 H001500         0
062 A001500 N
062 B001500   0.0
062 C001500   0.0
062 D001500   0.0
062 E001500   0.0
062 F001500   0.0
062 G001500   0.0
062 H001500   0.0
<PAGE>      PAGE  56
062 I001500   0.0
062 J001500   0.0
062 K001500   0.0
062 L001500   0.0
062 M001500   0.0
062 N001500   0.0
062 O001500   0.0
062 P001500   0.0
062 Q001500   0.0
062 R001500   0.0
028 A011600       294
028 A021600         3
028 A031600         0
028 A041600      1624
028 B011600       251
028 B021600         0
028 B031600         0
028 B041600      1444
028 C011600       302
028 C021600         0
028 C031600         0
028 C041600      1967
028 D011600       176
028 D021600         6
028 D031600         0
028 D041600      1231
028 E011600       327
028 E021600         0
028 E031600         0
028 E041600      2064
028 F011600         8
028 F021600       186
028 F031600         0
028 F041600       672
028 G011600      1358
028 G021600       195
028 G031600         0
028 G041600      9002
028 H001600         0
071 A001600         0
071 B001600         0
071 C001600         0
071 D001600    0
072 A001600  5
072 B001600        7
072 C001600      588
072 D001600        0
072 E001600        0
072 F001600      249
072 G001600       71
072 H001600        0
<PAGE>      PAGE  57
024  001700 N
028 A011700      4136
028 A021700         9
028 A031700         0
028 A041700       445
028 B011700      1279
028 B021700         0
028 B031700         0
028 B041700       647
028 C011700      1400
028 C021700       712
028 C031700         0
028 C041700      1941
028 D011700      1371
028 D021700         0
028 D031700         0
028 D041700      1722
028 E011700      1316
028 E021700         0
028 E031700         0
028 E041700       965
028 F011700      2886
028 F021700         0
028 F031700         0
028 F041700      2429
028 G011700     12388
028 G021700       721
028 G031700         0
028 G041700      8149
028 H001700         0
045  001700 Y
046  001700 Y
047  001700 Y
048  001700  0.600
048 A011700        0
048 A021700 0.000
048 B011700        0
048 B021700 0.000
048 C011700        0
048 C021700 0.000
048 D011700        0
048 D021700 0.000
048 E011700        0
048 E021700 0.000
048 F011700        0
048 F021700 0.000
048 G011700        0
048 G021700 0.000
048 H011700        0
048 H021700 0.000
048 I011700        0
<PAGE>      PAGE  58
048 I021700 0.000
048 J011700        0
048 J021700 0.000
048 K011700        0
048 K021700 0.000
049  001700 N
050  001700 N
051  001700 N
052  001700 N
053 A001700 Y
053 B001700 Y
053 C001700 N
058 A001700 N
059  001700 Y
060 A001700 Y
060 B001700 Y
061  001700      500
062 A001700 N
062 B001700   0.0
062 C001700   0.0
062 D001700   0.0
062 E001700   0.0
062 F001700   0.0
062 G001700   0.0
062 H001700   0.0
062 I001700   0.0
062 J001700   0.0
062 K001700   0.0
062 L001700   0.0
062 M001700   0.0
062 N001700   0.0
062 O001700   0.0
062 P001700   0.0
062 Q001700   0.0
062 R001700   0.0
066 A001700 Y
066 B001700 N
066 C001700 Y
066 D001700 N
066 E001700 N
066 F001700 N
066 G001700 N
067  001700 N
068 A001700 N
068 B001700 N
069  001700 N
070 A011700 Y
070 A021700 N
070 B011700 Y
070 B021700 N
070 C011700 Y
<PAGE>      PAGE  59
070 C021700 N
070 D011700 Y
070 D021700 N
070 E011700 Y
070 E021700 N
070 F011700 Y
070 F021700 N
070 G011700 Y
070 G021700 N
070 H011700 Y
070 H021700 N
070 I011700 Y
070 I021700 N
070 J011700 Y
070 J021700 N
070 K011700 Y
070 K021700 N
070 L011700 Y
070 L021700 N
070 M011700 Y
070 M021700 N
070 N011700 Y
070 N021700 N
070 O011700 Y
070 O021700 N
070 P011700 Y
070 P021700 Y
070 Q011700 N
070 Q021700 N
070 R011700 N
070 R021700 N
071 A001700     39483
071 B001700     34950
071 C001700     39925
071 D001700   88
072 A001700 12
072 B001700      132
072 C001700      582
072 D001700        0
072 E001700        0
072 F001700      256
072 G001700       94
072 H001700        0
072 I001700       34
072 J001700       14
072 K001700        0
072 L001700       16
072 M001700        2
072 N001700       20
072 O001700        0
072 P001700        0
<PAGE>      PAGE  60
072 Q001700        0
072 R001700        4
072 S001700        4
072 T001700        0
072 U001700        3
072 V001700        0
072 W001700        8
072 X001700      455
072 Y001700       33
072 Z001700      293
072AA001700     3347
072BB001700        0
072CC011700     4847
072CC021700        0
072DD011700      310
072DD021700        0
072EE001700     4100
073 A011700   0.1000
073 A021700   0.0000
073 B001700   1.1400
073 C001700   0.0000
074 A001700        1
074 B001700        0
074 C001700     2117
074 D001700        0
074 E001700        0
074 F001700    43284
074 G001700        0
074 H001700        0
074 I001700        0
074 J001700        0
074 K001700        0
074 L001700      815
074 M001700        2
074 N001700    46219
074 O001700        0
074 P001700       24
074 Q001700        0
074 R011700        0
074 R021700        0
074 R031700        0
074 R041700       21
074 S001700        0
074 T001700    46174
074 U011700     3648
074 U021700        0
074 V011700    12.66
074 V021700     0.00
074 W001700   0.0000
074 X001700      906
074 Y001700        0
<PAGE>      PAGE  61
075 A001700        0
075 B001700    42671
076  001700     0.00
028 A011800         6
028 A021800         0
028 A031800         0
028 A041800      2168
028 B011800        64
028 B021800         0
028 B031800         0
028 B041800       807
028 C011800        31
028 C021800         0
028 C031800         0
028 C041800      1255
028 D011800        96
028 D021800         0
028 D031800         0
028 D041800       964
028 E011800        21
028 E021800         0
028 E031800         0
028 E041800       315
028 F011800         0
028 F021800        66
028 F031800         0
028 F041800        36
028 G011800       218
028 G021800        66
028 G031800         0
028 G041800      5545
028 H001800         0
034  001800 N
035  001800      0
036 B001800      0
049  001800 N
050  001800 N
051  001800 N
052  001800 N
053 A001800 Y
053 B001800 Y
053 C001800 N
066 A001800 Y
066 B001800 N
066 C001800 Y
066 D001800 N
066 E001800 N
066 F001800 N
066 G001800 N
067  001800 N
068 A001800 N
<PAGE>      PAGE  62
068 B001800 N
069  001800 N
075 A001800        0
075 B001800        0
076  001800     0.00
024  001900 N
028 A011900      2217
028 A021900         0
028 A031900         0
028 A041900     13230
028 B011900      2708
028 B021900         0
028 B031900         0
028 B041900      9635
028 C011900      1100
028 C021900        29
028 C031900         0
028 C041900     11744
028 D011900      3344
028 D021900         0
028 D031900         0
028 D041900      3468
028 E011900      5156
028 E021900         0
028 E031900         0
028 E041900      2160
028 F011900      2442
028 F021900         0
028 F031900         0
028 F041900      4655
028 G011900     16967
028 G021900        29
028 G031900         0
028 G041900     44892
028 H001900         0
045  001900 Y
046  001900 Y
047  001900 Y
048  001900  1.000
048 A011900        0
048 A021900 0.000
048 B011900        0
048 B021900 0.000
048 C011900        0
048 C021900 0.000
048 D011900        0
048 D021900 0.000
048 E011900        0
048 E021900 0.000
048 F011900        0
048 F021900 0.000
<PAGE>      PAGE  63
048 G011900        0
048 G021900 0.000
048 H011900        0
048 H021900 0.000
048 I011900        0
048 I021900 0.000
048 J011900        0
048 J021900 0.000
048 K011900        0
048 K021900 0.000
049  001900 N
050  001900 N
051  001900 N
052  001900 N
053 A001900 Y
053 B001900 Y
053 C001900 N
058 A001900 N
059  001900 Y
060 A001900 Y
060 B001900 Y
061  001900      500
062 A001900 N
062 B001900   0.0
062 C001900   0.0
062 D001900   0.0
062 E001900   0.0
062 F001900   0.0
062 G001900   0.0
062 H001900   0.0
062 I001900   0.0
062 J001900   0.0
062 K001900   0.0
062 L001900   0.0
062 M001900   0.0
062 N001900   0.0
062 O001900   0.0
062 P001900   0.0
062 Q001900   0.0
062 R001900   0.0
063 A001900   0
063 B001900  0.0
066 A001900 Y
066 B001900 N
066 C001900 Y
066 D001900 N
066 E001900 N
066 F001900 N
066 G001900 N
067  001900 N
068 A001900 N
<PAGE>      PAGE  64
068 B001900 Y
069  001900 N
070 A011900 Y
070 A021900 N
070 B011900 Y
070 B021900 N
070 C011900 N
070 C021900 N
070 D011900 N
070 D021900 N
070 E011900 Y
070 E021900 N
070 F011900 Y
070 F021900 N
070 G011900 Y
070 G021900 N
070 H011900 N
070 H021900 N
070 I011900 N
070 I021900 N
070 J011900 Y
070 J021900 N
070 K011900 Y
070 K021900 Y
070 L011900 Y
070 L021900 Y
070 M011900 Y
070 M021900 Y
070 N011900 Y
070 N021900 N
070 O011900 Y
070 O021900 N
070 P011900 Y
070 P021900 N
070 Q011900 N
070 Q021900 N
070 R011900 N
070 R021900 N
071 A001900     36539
071 B001900     57394
071 C001900     70333
071 D001900   52
072 A001900 12
072 B001900      222
072 C001900     1062
072 D001900        0
072 E001900        0
072 F001900      754
072 G001900      219
072 H001900        0
072 I001900       32
<PAGE>      PAGE  65
072 J001900      117
072 K001900        0
072 L001900        8
072 M001900        5
072 N001900        9
072 O001900        0
072 P001900        0
072 Q001900        0
072 R001900        6
072 S001900       23
072 T001900        0
072 U001900        3
072 V001900        0
072 W001900        6
072 X001900     1182
072 Y001900       68
072 Z001900      169
072AA001900        0
072BB001900    15929
072CC011900        0
072CC021900     9416
072DD011900      460
072DD021900        0
072EE001900        0
073 A011900   0.0600
073 A021900   0.0000
073 B001900   0.0000
073 C001900   0.0000
074 A001900      122
074 B001900        0
074 C001900     1274
074 D001900        0
074 E001900        0
074 F001900    40748
074 G001900        0
074 H001900        0
074 I001900        0
074 J001900      230
074 K001900        0
074 L001900     1090
074 M001900      449
074 N001900    43913
074 O001900        6
074 P001900       50
074 Q001900        0
074 R011900        0
074 R021900        0
074 R031900        0
074 R041900       49
074 S001900        0
074 T001900    43808
<PAGE>      PAGE  66
074 U011900     6721
074 U021900        0
074 V011900     6.52
074 V021900     0.00
074 W001900   0.0000
074 X001900      512
074 Y001900        0
075 A001900        0
075 B001900    75349
076  001900     0.00
024  002000 N
028 A012000      3984
028 A022000         0
028 A032000         0
028 A042000      5817
028 B012000      2782
028 B022000         0
028 B032000         0
028 B042000      3821
028 C012000      3837
028 C022000       865
028 C032000         0
028 C042000      4736
028 D012000      6877
028 D022000         0
028 D032000         0
028 D042000      8020
028 E012000      4244
028 E022000         0
028 E032000         0
028 E042000      2781
028 F012000     13667
028 F022000         0
028 F032000         0
028 F042000      8011
028 G012000     35391
028 G022000       865
028 G032000         0
028 G042000     33186
028 H002000         0
045  002000 Y
046  002000 Y
047  002000 Y
048  002000  1.000
048 A012000        0
048 A022000 0.000
048 B012000        0
048 B022000 0.000
048 C012000        0
048 C022000 0.000
048 D012000        0
<PAGE>      PAGE  67
048 D022000 0.000
048 E012000        0
048 E022000 0.000
048 F012000        0
048 F022000 0.000
048 G012000        0
048 G022000 0.000
048 H012000        0
048 H022000 0.000
048 I012000        0
048 I022000 0.000
048 J012000        0
048 J022000 0.000
048 K012000        0
048 K022000 0.000
049  002000 N
050  002000 N
051  002000 N
052  002000 N
053 A002000 Y
053 B002000 Y
053 C002000 N
058 A002000 N
059  002000 Y
060 A002000 Y
060 B002000 Y
061  002000      500
062 A002000 N
062 B002000   0.0
062 C002000   0.0
062 D002000   0.0
062 E002000   0.0
062 F002000   0.0
062 G002000   0.0
062 H002000   0.0
062 I002000   0.0
062 J002000   0.0
062 K002000   0.0
062 L002000   0.0
062 M002000   0.0
062 N002000   0.0
062 O002000   0.0
062 P002000   0.0
062 Q002000   0.0
062 R002000   0.0
063 A002000   0
063 B002000  0.0
066 A002000 Y
066 B002000 N
066 C002000 Y
066 D002000 N
<PAGE>      PAGE  68
066 E002000 N
066 F002000 N
066 G002000 N
067  002000 N
068 A002000 N
068 B002000 Y
069  002000 N
070 A012000 Y
070 A022000 N
070 B012000 Y
070 B022000 N
070 C012000 N
070 C022000 N
070 D012000 N
070 D022000 N
070 E012000 Y
070 E022000 N
070 F012000 Y
070 F022000 N
070 G012000 Y
070 G022000 N
070 H012000 Y
070 H022000 N
070 I012000 N
070 I022000 N
070 J012000 Y
070 J022000 N
070 K012000 Y
070 K022000 N
070 L012000 Y
070 L022000 Y
070 M012000 Y
070 M022000 Y
070 N012000 Y
070 N022000 N
070 O012000 Y
070 O022000 N
070 P012000 Y
070 P022000 N
070 Q012000 N
070 Q022000 N
070 R012000 N
070 R022000 N
071 A002000     91536
071 B002000     64159
071 C002000    158599
071 D002000   40
072 A002000 12
072 B002000      199
072 C002000     1957
072 D002000        0
<PAGE>      PAGE  69
072 E002000        0
072 F002000     1656
072 G002000      451
072 H002000        0
072 I002000       33
072 J002000      256
072 K002000        0
072 L002000       13
072 M002000        9
072 N002000       14
072 O002000        0
072 P002000        0
072 Q002000        0
072 R002000       13
072 S002000       15
072 T002000        0
072 U002000        3
072 V002000        0
072 W002000       26
072 X002000     2489
072 Y002000      120
072 Z002000     -212
072AA002000    11704
072BB002000        0
072CC012000    44555
072CC022000        0
072DD012000       12
072DD022000        0
072EE002000    11544
073 A012000   0.0000
073 A022000   0.0000
073 B002000   0.8100
073 C002000   0.0000
074 A002000     1258
074 B002000        0
074 C002000     8312
074 D002000      892
074 E002000     6007
074 F002000   190209
074 G002000        0
074 H002000        0
074 I002000      610
074 J002000      547
074 K002000        0
074 L002000     1052
074 M002000        7
074 N002000   208894
074 O002000      332
074 P002000      193
074 Q002000        0
074 R012000        0
<PAGE>      PAGE  70
074 R022000        0
074 R032000        0
074 R042000      733
074 S002000        0
074 T002000   207636
074 U012000    14691
074 U022000        0
074 V012000    14.13
074 V022000     0.00
074 W002000   0.0000
074 X002000      814
074 Y002000        0
075 A002000        0
075 B002000   165731
076  002000     0.00
024  002100 N
028 A012100      4947
028 A022100         0
028 A032100         0
028 A042100      3536
028 B012100      2675
028 B022100         0
028 B032100         0
028 B042100      7931
028 C012100      2303
028 C022100       193
028 C032100         0
028 C042100      2849
028 D012100      1020
028 D022100         0
028 D032100         0
028 D042100      3847
028 E012100      2712
028 E022100         0
028 E032100         0
028 E042100      3658
028 F012100      1980
028 F022100         0
028 F032100         0
028 F042100      5435
028 G012100     15637
028 G022100       193
028 G032100         0
028 G042100     27256
028 H002100         0
045  002100 Y
046  002100 Y
047  002100 Y
048  002100  1.000
048 A012100        0
048 A022100 0.000
<PAGE>      PAGE  71
048 B012100        0
048 B022100 0.000
048 C012100        0
048 C022100 0.000
048 D012100        0
048 D022100 0.000
048 E012100        0
048 E022100 0.000
048 F012100        0
048 F022100 0.000
048 G012100        0
048 G022100 0.000
048 H012100        0
048 H022100 0.000
048 I012100        0
048 I022100 0.000
048 J012100        0
048 J022100 0.000
048 K012100        0
048 K022100 0.000
049  002100 N
050  002100 N
051  002100 N
052  002100 N
053 A002100 Y
053 B002100 Y
053 C002100 N
058 A002100 N
059  002100 Y
060 A002100 Y
060 B002100 Y
061  002100      500
062 A002100 N
062 B002100   0.0
062 C002100   0.0
062 D002100   0.0
062 E002100   0.0
062 F002100   0.0
062 G002100   0.0
062 H002100   0.0
062 I002100   0.0
062 J002100   0.0
062 K002100   0.0
062 L002100   0.0
062 M002100   0.0
062 N002100   0.0
062 O002100   0.0
062 P002100   0.0
062 Q002100   0.0
062 R002100   0.0
063 A002100   0
<PAGE>      PAGE  72
063 B002100  0.0
066 A002100 Y
066 B002100 N
066 C002100 Y
066 D002100 N
066 E002100 N
066 F002100 N
066 G002100 N
067  002100 N
068 A002100 N
068 B002100 Y
069  002100 N
070 A012100 Y
070 A022100 N
070 B012100 Y
070 B022100 N
070 C012100 N
070 C022100 N
070 D012100 Y
070 D022100 N
070 E012100 Y
070 E022100 N
070 F012100 Y
070 F022100 N
070 G012100 Y
070 G022100 N
070 H012100 Y
070 H022100 N
070 I012100 N
070 I022100 N
070 J012100 Y
070 J022100 N
070 K012100 Y
070 K022100 N
070 L012100 Y
070 L022100 Y
070 M012100 Y
070 M022100 Y
070 N012100 Y
070 N022100 N
070 O012100 Y
070 O022100 N
070 P012100 Y
070 P022100 N
070 Q012100 N
070 Q022100 N
070 R012100 N
070 R022100 N
071 A002100     81824
071 B002100     70470
071 C002100     91924
<PAGE>      PAGE  73
071 D002100   77
072 A002100 12
072 B002100      119
072 C002100     2173
072 D002100        0
072 E002100        0
072 F002100      965
072 G002100      289
072 H002100        0
072 I002100       37
072 J002100      151
072 K002100        0
072 L002100        7
072 M002100        5
072 N002100       13
072 O002100       41
072 P002100        0
072 Q002100        0
072 R002100        8
072 S002100        9
072 T002100        0
072 U002100        3
072 V002100        0
072 W002100       14
072 X002100     1542
072 Y002100       96
072 Z002100      846
072AA002100     9052
072BB002100        0
072CC012100        0
072CC022100     1626
072DD012100      223
072DD022100        0
072EE002100     1471
073 A012100   0.0200
073 A022100   0.0000
073 B002100   0.1600
073 C002100   0.0000
074 A002100        0
074 B002100        0
074 C002100     1084
074 D002100        0
074 E002100    21373
074 F002100    64496
074 G002100        0
074 H002100        0
074 I002100        0
074 J002100     2820
074 K002100        0
074 L002100      490
074 M002100       16
<PAGE>      PAGE  74
074 N002100    90279
074 O002100     1133
074 P002100      394
074 Q002100        0
074 R012100        0
074 R022100        0
074 R032100        0
074 R042100       56
074 S002100        0
074 T002100    88696
074 U012100     8364
074 U022100        0
074 V012100    10.60
074 V022100     0.00
074 W002100   0.0000
074 X002100      857
074 Y002100        0
075 A002100        0
075 B002100    96454
076  002100     0.00
024  002200 N
028 A012200     12574
028 A022200         0
028 A032200         0
028 A042200        47
028 B012200      2006
028 B022200         0
028 B032200         0
028 B042200         4
028 C012200      4721
028 C022200         0
028 C032200         0
028 C042200        69
028 D012200      5468
028 D022200         0
028 D032200         0
028 D042200       284
028 E012200      5938
028 E022200         0
028 E032200         0
028 E042200       311
028 F012200     11948
028 F022200         0
028 F032200         0
028 F042200       365
028 G012200     42655
028 G022200         0
028 G032200         0
028 G042200      1080
028 H002200         0
045  002200 Y
<PAGE>      PAGE  75
046  002200 Y
047  002200 Y
048  002200  1.000
048 A012200        0
048 A022200 0.000
048 B012200        0
048 B022200 0.000
048 C012200        0
048 C022200 0.000
048 D012200        0
048 D022200 0.000
048 E012200        0
048 E022200 0.000
048 F012200        0
048 F022200 0.000
048 G012200        0
048 G022200 0.000
048 H012200        0
048 H022200 0.000
048 I012200        0
048 I022200 0.000
048 J012200        0
048 J022200 0.000
048 K012200        0
048 K022200 0.000
049  002200 N
050  002200 N
051  002200 N
052  002200 N
053 A002200 Y
053 B002200 Y
053 C002200 N
058 A002200 N
059  002200 Y
060 A002200 Y
060 B002200 Y
061  002200      500
062 A002200 N
062 B002200   0.0
062 C002200   0.0
062 D002200   0.0
062 E002200   0.0
062 F002200   0.0
062 G002200   0.0
062 H002200   0.0
062 I002200   0.0
062 J002200   0.0
062 K002200   0.0
062 L002200   0.0
062 M002200   0.0
062 N002200   0.0
<PAGE>      PAGE  76
062 O002200   0.0
062 P002200   0.0
062 Q002200   0.0
062 R002200   0.0
066 A002200 Y
066 B002200 N
066 C002200 N
066 D002200 N
066 E002200 N
066 F002200 N
066 G002200 Y
067  002200 N
068 A002200 N
068 B002200 Y
069  002200 N
070 A012200 Y
070 A022200 Y
070 B012200 Y
070 B022200 N
070 C012200 Y
070 C022200 N
070 D012200 Y
070 D022200 N
070 E012200 Y
070 E022200 N
070 F012200 Y
070 F022200 N
070 G012200 Y
070 G022200 N
070 H012200 Y
070 H022200 N
070 I012200 N
070 I022200 N
070 J012200 Y
070 J022200 N
070 K012200 Y
070 K022200 N
070 L012200 Y
070 L022200 N
070 M012200 Y
070 M022200 N
070 N012200 Y
070 N022200 N
070 O012200 Y
070 O022200 N
070 P012200 Y
070 P022200 N
070 Q012200 N
070 Q022200 N
070 R012200 N
070 R022200 N
<PAGE>      PAGE  77
071 A002200     40555
071 B002200      1269
071 C002200     21013
071 D002200   12
072 A002200 12
072 B002200       45
072 C002200       53
072 D002200        0
072 E002200        0
072 F002200       82
072 G002200       18
072 H002200        0
072 I002200        2
072 J002200       11
072 K002200        0
072 L002200        1
072 M002200        0
072 N002200        2
072 O002200        0
072 P002200        0
072 Q002200        0
072 R002200        1
072 S002200        1
072 T002200        0
072 U002200        2
072 V002200        0
072 W002200       12
072 X002200      132
072 Y002200       17
072 Z002200      -17
072AA002200     6185
072BB002200        0
072CC012200        0
072CC022200        0
072DD012200        0
072DD022200        0
072EE002200        0
073 A012200   0.0000
073 A022200   0.0000
073 B002200   0.0000
073 C002200   0.0000
074 A002200        0
074 B002200     2663
074 C002200        0
074 D002200        0
074 E002200        0
074 F002200    45257
074 G002200        0
074 H002200        0
074 I002200        0
074 J002200        0
<PAGE>      PAGE  78
074 K002200        0
074 L002200       46
074 M002200       42
074 N002200    48008
074 O002200      413
074 P002200       29
074 Q002200        0
074 R012200        0
074 R022200        0
074 R032200        0
074 R042200       37
074 S002200        0
074 T002200    47529
074 U012200     5583
074 U022200        0
074 V012200     8.51
074 V022200     0.00
074 W002200   0.0000
074 X002200      246
074 Y002200        0
075 A002200        0
075 B002200    22013
076  002200     0.00
024  002300 N
028 A012300     17680
028 A022300         0
028 A032300         0
028 A042300        10
028 B012300      5565
028 B022300         0
028 B032300         0
028 B042300        55
028 C012300      4830
028 C022300         1
028 C032300         0
028 C042300        81
028 D012300      4285
028 D022300         0
028 D032300         0
028 D042300       100
028 E012300      6369
028 E022300         0
028 E032300         0
028 E042300        23
028 F012300      3146
028 F022300         2
028 F032300         0
028 F042300       766
028 G012300     41875
028 G022300         3
028 G032300         0
<PAGE>      PAGE  79
028 G042300      1035
028 H002300         0
045  002300 Y
046  002300 Y
047  002300 Y
048  002300  1.000
048 A012300        0
048 A022300 0.000
048 B012300        0
048 B022300 0.000
048 C012300        0
048 C022300 0.000
048 D012300        0
048 D022300 0.000
048 E012300        0
048 E022300 0.000
048 F012300        0
048 F022300 0.000
048 G012300        0
048 G022300 0.000
048 H012300        0
048 H022300 0.000
048 I012300        0
048 I022300 0.000
048 J012300        0
048 J022300 0.000
048 K012300        0
048 K022300 0.000
049  002300 N
050  002300 N
051  002300 N
052  002300 N
053 A002300 Y
053 B002300 Y
053 C002300 N
058 A002300 N
059  002300 N
060 A002300 N
060 B002300 N
061  002300      500
062 A002300 N
062 B002300   0.0
062 C002300   0.0
062 D002300   0.0
062 E002300   0.0
062 F002300   0.0
062 G002300   0.0
062 H002300   0.0
062 I002300   0.0
062 J002300   0.0
062 K002300   0.0
<PAGE>      PAGE  80
062 L002300   0.0
062 M002300   0.0
062 N002300   0.0
062 O002300   0.0
062 P002300   0.0
062 Q002300   0.0
062 R002300   0.0
066 A002300 Y
066 B002300 N
066 C002300 N
066 D002300 N
066 E002300 Y
066 F002300 N
066 G002300 N
067  002300 N
068 A002300 N
068 B002300 Y
069  002300 N
070 A012300 Y
070 A022300 Y
070 B012300 Y
070 B022300 N
070 C012300 Y
070 C022300 N
070 D012300 Y
070 D022300 N
070 E012300 Y
070 E022300 N
070 F012300 Y
070 F022300 N
070 G012300 Y
070 G022300 N
070 H012300 Y
070 H022300 N
070 I012300 N
070 I022300 N
070 J012300 Y
070 J022300 N
070 K012300 Y
070 K022300 N
070 L012300 Y
070 L022300 N
070 M012300 Y
070 M022300 N
070 N012300 Y
070 N022300 N
070 O012300 Y
070 O022300 N
070 P012300 Y
070 P022300 N
070 Q012300 N
<PAGE>      PAGE  81
070 Q022300 N
070 R012300 N
070 R022300 N
071 A002300     43270
071 B002300      3609
071 C002300     24247
071 D002300   30
072 A002300 12
072 B002300       69
072 C002300      788
072 D002300        0
072 E002300        0
072 F002300      138
072 G002300       22
072 H002300        0
072 I002300        1
072 J002300       11
072 K002300        0
072 L002300        1
072 M002300        1
072 N002300        2
072 O002300        0
072 P002300        0
072 Q002300        0
072 R002300        2
072 S002300        1
072 T002300        0
072 U002300        3
072 V002300        0
072 W002300       11
072 X002300      193
072 Y002300       29
072 Z002300      693
072AA002300        0
072BB002300        1
072CC012300      110
072CC022300        0
072DD012300      474
072DD022300        0
072EE002300        0
073 A012300   0.1100
073 A022300   0.0000
073 B002300   0.0000
073 C002300   0.0000
074 A002300        1
074 B002300     1185
074 C002300        0
074 D002300        0
074 E002300        0
074 F002300    39770
074 G002300        0
<PAGE>      PAGE  82
074 H002300        0
074 I002300        0
074 J002300        0
074 K002300        0
074 L002300      238
074 M002300       28
074 N002300    41221
074 O002300        0
074 P002300       28
074 Q002300        0
074 R012300        0
074 R022300        0
074 R032300        0
074 R042300       22
074 S002300        0
074 T002300    41171
074 U012300     5840
074 U022300        0
074 V012300     7.05
074 V022300     0.00
074 W002300   0.0000
074 X002300       56
074 Y002300        0
075 A002300        0
075 B002300    27668
076  002300     0.00
024  002400 N
028 A012400         0
028 A022400         0
028 A032400         0
028 A042400         0
028 B012400         0
028 B022400         0
028 B032400         0
028 B042400         0
028 C012400         0
028 C022400         0
028 C032400         0
028 C042400         0
028 D012400      3064
028 D022400         0
028 D032400         0
028 D042400         0
028 E012400      1260
028 E022400         0
028 E032400         0
028 E042400         0
028 F012400      2025
028 F022400         0
028 F032400         0
028 F042400         9
<PAGE>      PAGE  83
028 G012400      6349
028 G022400         0
028 G032400         0
028 G042400         9
028 H002400         0
045  002400 Y
046  002400 Y
047  002400 Y
048  002400  1.000
048 A012400        0
048 A022400 0.000
048 B012400        0
048 B022400 0.000
048 C012400        0
048 C022400 0.000
048 D012400        0
048 D022400 0.000
048 E012400        0
048 E022400 0.000
048 F012400        0
048 F022400 0.000
048 G012400        0
048 G022400 0.000
048 H012400        0
048 H022400 0.000
048 I012400        0
048 I022400 0.000
048 J012400        0
048 J022400 0.000
048 K012400        0
048 K022400 0.000
049  002400 N
050  002400 N
051  002400 N
052  002400 N
053 A002400 Y
053 B002400 Y
053 C002400 N
058 A002400 N
059  002400 Y
060 A002400 Y
060 B002400 Y
061  002400      500
062 A002400 N
062 B002400   0.0
062 C002400   0.0
062 D002400   0.0
062 E002400   0.0
062 F002400   0.0
062 G002400   0.0
062 H002400   0.0
<PAGE>      PAGE  84
062 I002400   0.0
062 J002400   0.0
062 K002400   0.0
062 L002400   0.0
062 M002400   0.0
062 N002400   0.0
062 O002400   0.0
062 P002400   0.0
062 Q002400   0.0
062 R002400   0.0
063 A002400   0
063 B002400  0.0
066 A002400 Y
066 B002400 N
066 C002400 Y
066 D002400 N
066 E002400 N
066 F002400 N
066 G002400 N
067  002400 N
068 A002400 N
068 B002400 Y
069  002400 N
070 A012400 Y
070 A022400 Y
070 B012400 Y
070 B022400 N
070 C012400 Y
070 C022400 N
070 D012400 Y
070 D022400 N
070 E012400 Y
070 E022400 N
070 F012400 Y
070 F022400 N
070 G012400 Y
070 G022400 N
070 H012400 Y
070 H022400 N
070 I012400 N
070 I022400 N
070 J012400 Y
070 J022400 N
070 K012400 Y
070 K022400 N
070 L012400 Y
070 L022400 Y
070 M012400 Y
070 M022400 N
070 N012400 Y
070 N022400 N
<PAGE>      PAGE  85
070 O012400 Y
070 O022400 N
070 P012400 Y
070 P022400 N
070 Q012400 N
070 Q022400 N
070 R012400 N
070 R022400 N
071 A002400      5815
071 B002400         0
071 C002400      3696
071 D002400    0
072 A002400  3
072 B002400       19
072 C002400       22
072 D002400        0
072 E002400        0
072 F002400       12
072 G002400        3
072 H002400        0
072 I002400        0
072 J002400        4
072 K002400        0
072 L002400        0
072 M002400        0
072 N002400        2
072 O002400        2
072 P002400        0
072 Q002400        0
072 R002400        0
072 S002400        0
072 T002400        0
072 U002400        2
072 V002400        0
072 W002400        2
072 X002400       27
072 Y002400        9
072 Z002400       23
072AA002400        0
072BB002400        4
072CC012400      177
072CC022400        0
072DD012400        0
072DD022400        0
072EE002400        0
073 A012400   0.0000
073 A022400   0.0000
073 B002400   0.0000
073 C002400   0.0000
074 A002400        5
074 B002400      163
<PAGE>      PAGE  86
074 C002400     1132
074 D002400        0
074 E002400     1024
074 F002400     4835
074 G002400        0
074 H002400        0
074 I002400        0
074 J002400        0
074 K002400        0
074 L002400       21
074 M002400       37
074 N002400     7217
074 O002400      634
074 P002400        1
074 Q002400        0
074 R012400        0
074 R022400        0
074 R032400        0
074 R042400       47
074 S002400        0
074 T002400     6535
074 U012400      934
074 U022400        0
074 V012400     7.00
074 V022400     0.00
074 W002400   0.0000
074 X002400        0
074 Y002400        0
075 A002400        0
075 B002400     4024
076  002400     0.00
SIGNATURE   JOHN CORCORAN                                
TITLE       ASSISTANT SECRETARY 
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 24
   <NAME> EMERGING MARKETS FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                  12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             JAN-02-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                        6,977,413
<INVESTMENTS-AT-VALUE>                       7,153,805
<RECEIVABLES>                                   21,171
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            41,858
<TOTAL-ASSETS>                               7,216,834
<PAYABLE-FOR-SECURITIES>                       633,530
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       47,854
<TOTAL-LIABILITIES>                            681,384
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     6,337,959
<SHARES-COMMON-STOCK>                          933,824
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       20,788 
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       176,703 
<NET-ASSETS>                                 6,535,450
<DIVIDEND-INCOME>                               22,138
<INTEREST-INCOME>                               18,880
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (18,130)
<NET-INVESTMENT-INCOME>                         22,888
<REALIZED-GAINS-CURRENT>                       (4,031)
<APPREC-INCREASE-CURRENT>                      176,703
<NET-CHANGE-FROM-OPS>                          195,560
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        935,051
<NUMBER-OF-SHARES-REDEEMED>                    (1,227)
<SHARES-REINVESTED>                                  0  
<NET-CHANGE-IN-ASSETS>                       6,535,450
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0  
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           12,106
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 26,881
<AVERAGE-NET-ASSETS>                         3,346,831
<PER-SHARE-NAV-BEGIN>                             7.00
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.00
<EXPENSE-RATIO>                                   1.85
<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
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 11
   <NAME> AGING OF AMERICA FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   05-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               SEP-15-1997
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                            4,444
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                         0
<DIVIDEND-INCOME>                                  328
<INTEREST-INCOME>                                   42
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (201)
<NET-INVESTMENT-INCOME>                            169
<REALIZED-GAINS-CURRENT>                         2,529
<APPREC-INCREASE-CURRENT>                        8,069
<NET-CHANGE-FROM-OPS>                                0
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (211)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            892
<NUMBER-OF-SHARES-REDEEMED>                    (5,941)
<SHARES-REINVESTED>                                192
<NET-CHANGE-IN-ASSETS>                               0
<ACCUMULATED-NII-PRIOR>                             33
<ACCUMULATED-GAINS-PRIOR>                        1,154
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              133
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    207
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                            10.14
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0     
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                                  0
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 031
   <NAME>BLENDED EQUITY FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      323,025,087
<INVESTMENTS-AT-VALUE>                     594,819,534
<RECEIVABLES>                                  746,209
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            25,109
<TOTAL-ASSETS>                             595,590,852
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      682,282
<TOTAL-LIABILITIES>                            682,282
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   312,453,704
<SHARES-COMMON-STOCK>                       16,470,999
<SHARES-COMMON-PRIOR>                       11,893,854
<ACCUMULATED-NII-CURRENT>                      914,191
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      9,746,123
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   271,794,552
<NET-ASSETS>                               594,908,570
<DIVIDEND-INCOME>                            6,631,276
<INTEREST-INCOME>                              532,191
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (4,598,217)
<NET-INVESTMENT-INCOME>                      2,565,250
<REALIZED-GAINS-CURRENT>                    41,083,134
<APPREC-INCREASE-CURRENT>                  205,385,468
<NET-CHANGE-FROM-OPS>                      249,033,852
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (2,290,458)
<DISTRIBUTIONS-OF-GAINS>                  (38,374,555)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      7,639,655 
<NUMBER-OF-SHARES-REDEEMED>                (3,428,336)
<SHARES-REINVESTED>                            365,826
<NET-CHANGE-IN-ASSETS>                     287,837,932
<ACCUMULATED-NII-PRIOR>                        639,545
<ACCUMULATED-GAINS-PRIOR>                    7,037,544
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,471,749
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              4,931,095
<AVERAGE-NET-ASSETS>                       463,800,243
<PER-SHARE-NAV-BEGIN>                            25.81
<PER-SHARE-NII>                                   0.16
<PER-SHARE-GAIN-APPREC>                          12.59
<PER-SHARE-DIVIDEND>                            (0.16)
<PER-SHARE-DISTRIBUTIONS>                       (2.28)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              36.12
<EXPENSE-RATIO>                                   0.99
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 032
   <NAME>BLENDED EQUITY FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      323,025,087
<INVESTMENTS-AT-VALUE>                     594,819,534
<RECEIVABLES>                                  746,209
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            25,109
<TOTAL-ASSETS>                             595,590,852
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      682,282
<TOTAL-LIABILITIES>                            682,282
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   312,453,704
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                            3,144
<ACCUMULATED-NII-CURRENT>                      914,191
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      9,746,123
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   271,794,552
<NET-ASSETS>                               594,908,570
<DIVIDEND-INCOME>                            6,631,276
<INTEREST-INCOME>                              532,191
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (4,598,217)
<NET-INVESTMENT-INCOME>                      2,565,250
<REALIZED-GAINS-CURRENT>                    41,083,134
<APPREC-INCREASE-CURRENT>                  205,385,468
<NET-CHANGE-FROM-OPS>                      249,033,852
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (146)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            454 
<NUMBER-OF-SHARES-REDEEMED>                    (3,604)
<SHARES-REINVESTED>                                  6
<NET-CHANGE-IN-ASSETS>                     287,837,932
<ACCUMULATED-NII-PRIOR>                        639,545
<ACCUMULATED-GAINS-PRIOR>                    7,037,544
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,471,749
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              4,931,095
<AVERAGE-NET-ASSETS>                           100,356
<PER-SHARE-NAV-BEGIN>                            25.78
<PER-SHARE-NII>                                   0.02
<PER-SHARE-GAIN-APPREC>                           4.67
<PER-SHARE-DIVIDEND>                            (0.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              30.42
<EXPENSE-RATIO>                                   1.34
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 17
   <NAME>ENERGY AND NATURAL RESOURCES FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       33,496,216
<INVESTMENTS-AT-VALUE>                      45,400,649
<RECEIVABLES>                                  816,461
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             2,685
<TOTAL-ASSETS>                              46,219,019
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       44,572
<TOTAL-LIABILITIES>                             44,572
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    34,480,426
<SHARES-COMMON-STOCK>                        3,648,375
<SHARES-COMMON-PRIOR>                        3,002,398
<ACCUMULATED-NII-CURRENT>                       32,722
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (243,134)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    11,904,433
<NET-ASSETS>                                46,174,447
<DIVIDEND-INCOME>                              582,085
<INTEREST-INCOME>                              132,357
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (421,836)
<NET-INVESTMENT-INCOME>                        292,606
<REALIZED-GAINS-CURRENT>                     3,347,027
<APPREC-INCREASE-CURRENT>                    4,846,663
<NET-CHANGE-FROM-OPS>                        8,486,296
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (309,721)
<DISTRIBUTIONS-OF-GAINS>                   (3,856,927)
<DISTRIBUTIONS-OTHER>                        (243,134)
<NUMBER-OF-SHARES-SOLD>                      1,589,555 
<NUMBER-OF-SHARES-REDEEMED>                (1,001,470)
<SHARES-REINVESTED>                             57,892 
<NET-CHANGE-IN-ASSETS>                      12,781,356 
<ACCUMULATED-NII-PRIOR>                         49,837  
<ACCUMULATED-GAINS-PRIOR>                      509,900
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          255,917
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                454,782
<AVERAGE-NET-ASSETS>                        42,671,088
<PER-SHARE-NAV-BEGIN>                            11.12
<PER-SHARE-NII>                                   0.09
<PER-SHARE-GAIN-APPREC>                           2.69
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                       (1.14)      
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.66
<EXPENSE-RATIO>                                   0.99
<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
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 15
   <NAME> ENVIRONMENTALLY-RELATED PRODUCTS AND SERVICES FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                  05-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               SEP-15-1997
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                              949
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                         0
<DIVIDEND-INCOME>                                   28
<INTEREST-INCOME>                                    5
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (37)
<NET-INVESTMENT-INCOME>                              3
<REALIZED-GAINS-CURRENT>                           551
<APPREC-INCREASE-CURRENT>                          883
<NET-CHANGE-FROM-OPS>                                0
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          (1)
<DISTRIBUTIONS-OF-GAINS>                         (747)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            102
<NUMBER-OF-SHARES-REDEEMED>                     (3222)
<SHARES-REINVESTED>                                 43
<NET-CHANGE-IN-ASSETS>                               0
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          194 
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               28
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     43
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                             9.34
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0      
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                                  0
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 2
   <NAME> GOVERNMENT MONEY FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                  12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      601,645,914
<INVESTMENTS-AT-VALUE>                     601,645,914
<RECEIVABLES>                                1,480,359
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            29,988
<TOTAL-ASSETS>                             603,156,261
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,039,319
<TOTAL-LIABILITIES>                          3,039,319
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   600,185,625
<SHARES-COMMON-STOCK>                      600,215,482
<SHARES-COMMON-PRIOR>                      533,923,570
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (68,683)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                               600,116,942
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           30,771,064
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,623,047)
<NET-INVESTMENT-INCOME>                     28,148,017
<REALIZED-GAINS-CURRENT>                       (8,971)
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                       28,139,046
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (28,148,017)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                  4,837,865,828
<NUMBER-OF-SHARES-REDEEMED>            (4,772,966,563)
<SHARES-REINVESTED>                          1,392,643
<NET-CHANGE-IN-ASSETS>                      66,282,937
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                     (59,712)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,385,002
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,791,880
<AVERAGE-NET-ASSETS>                       553,427,994
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                  0.051
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                           (0.051)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   0.47
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 05
   <NAME> INCOME AND GROWTH FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       91,748,706 
<INVESTMENTS-AT-VALUE>                     143,110,985
<RECEIVABLES>                                3,103,938
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             6,629
<TOTAL-ASSETS>                             146,221,552
<PAYABLE-FOR-SECURITIES>                     1,851,736
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    6,317,032
<TOTAL-LIABILITIES>                          8,168,768
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    77,257,737
<SHARES-COMMON-STOCK>                        7,629,203
<SHARES-COMMON-PRIOR>                        8,705,319
<ACCUMULATED-NII-CURRENT>                      664,026
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      8,769,306
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    51,361,715
<NET-ASSETS>                               138,052,784
<DIVIDEND-INCOME>                            1,798,091
<INTEREST-INCOME>                            2,699,016
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,501,159)
<NET-INVESTMENT-INCOME>                      2,995,948
<REALIZED-GAINS-CURRENT>                    19,207,907
<APPREC-INCREASE-CURRENT>                   19,295,523
<NET-CHANGE-FROM-OPS>                       41,499,378
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (2,916,488)
<DISTRIBUTIONS-OF-GAINS>                  (15,371,776)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,061,028
<NUMBER-OF-SHARES-REDEEMED>                (2,444,213)
<SHARES-REINVESTED>                            370,069 
<NET-CHANGE-IN-ASSETS>                       5,285,246
<ACCUMULATED-NII-PRIOR>                        571,900
<ACCUMULATED-GAINS-PRIOR>                    4,968,595   
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,100,859
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,612,575
<AVERAGE-NET-ASSETS>                       146,845,746
<PER-SHARE-NAV-BEGIN>                            15.25
<PER-SHARE-NII>                                   0.36
<PER-SHARE-GAIN-APPREC>                           4.53
<PER-SHARE-DIVIDEND>                            (0.34)
<PER-SHARE-DISTRIBUTIONS>                       (1.85)      
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.95
<EXPENSE-RATIO>                                   1.02
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 6
   <NAME> INTERNATIONAL FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      166,101,466
<INVESTMENTS-AT-VALUE>                     202,722,629
<RECEIVABLES>                                1,340,306
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         1,822,377
<TOTAL-ASSETS>                             205,885,312
<PAYABLE-FOR-SECURITIES>                       727,533
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      268,742
<TOTAL-LIABILITIES>                            996,275
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   170,194,165
<SHARES-COMMON-STOCK>                       15,763,174  
<SHARES-COMMON-PRIOR>                       11,182,739
<ACCUMULATED-NII-CURRENT>                    (526,577)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (1,856,161)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    37,077,610
<NET-ASSETS>                               204,889,037
<DIVIDEND-INCOME>                            2,354,314
<INTEREST-INCOME>                              693,852
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,493,611)
<NET-INVESTMENT-INCOME>                        554,555
<REALIZED-GAINS-CURRENT>                     2,174,617
<APPREC-INCREASE-CURRENT>                   27,209,443
<NET-CHANGE-FROM-OPS>                       29,938,615
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (836,862)
<DISTRIBUTIONS-OF-GAINS>                   (6,391,277)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      7,823,402
<NUMBER-OF-SHARES-REDEEMED>                (3,307,934)
<SHARES-REINVESTED>                             64,967  
<NET-CHANGE-IN-ASSETS>                          78,074
<ACCUMULATED-NII-PRIOR>                          4,184
<ACCUMULATED-GAINS-PRIOR>                    2,112,045  
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,725,722
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,628,581
<AVERAGE-NET-ASSETS>                       172,643,819
<PER-SHARE-NAV-BEGIN>                            11.34
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                           2.11
<PER-SHARE-DIVIDEND>                            (0.49)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.00
<EXPENSE-RATIO>                                   1.44
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 10
   <NAME>  INTERMEDIATE-TERM MANAGED INCOME FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       93,302,350
<INVESTMENTS-AT-VALUE>                      94,689,597
<RECEIVABLES>                                  745,826
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             4,136
<TOTAL-ASSETS>                              95,439,559
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      504,330
<TOTAL-LIABILITIES>                            504,330
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    93,906,198
<SHARES-COMMON-STOCK>                       13,132,967
<SHARES-COMMON-PRIOR>                       11,423,699
<ACCUMULATED-NII-CURRENT>                        1,212
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (359,428)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,387,247
<NET-ASSETS>                                94,935,229
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            5,450,093
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (532,099)
<NET-INVESTMENT-INCOME>                      4,917,994
<REALIZED-GAINS-CURRENT>                       523,007
<APPREC-INCREASE-CURRENT>                    3,735,347
<NET-CHANGE-FROM-OPS>                        9,176,348
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (4,917,994)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      4,118,110
<NUMBER-OF-SHARES-REDEEMED>                (2,443,880)
<SHARES-REINVESTED>                             35,038
<NET-CHANGE-IN-ASSETS>                      16,493,790
<ACCUMULATED-NII-PRIOR>                          2,631
<ACCUMULATED-GAINS-PRIOR>                    (883,854)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          302,968
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                574,749
<AVERAGE-NET-ASSETS>                        86,574,965  
<PER-SHARE-NAV-BEGIN>                             6.87
<PER-SHARE-NII>                                   0.41
<PER-SHARE-GAIN-APPREC>                           0.36
<PER-SHARE-DIVIDEND>                            (0.41)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.23
<EXPENSE-RATIO>                                   0.61
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 21
   <NAME> LATIN AMERICA FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                  12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       79,300,489
<INVESTMENTS-AT-VALUE>                      86,952,422
<RECEIVABLES>                                3,310,898
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            15,616
<TOTAL-ASSETS>                              90,278,936
<PAYABLE-FOR-SECURITIES>                     1,132,135
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      450,439
<TOTAL-LIABILITIES>                          1,582,574
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    77,388,895
<SHARES-COMMON-STOCK>                        8,364,205
<SHARES-COMMON-PRIOR>                        7,496,081
<ACCUMULATED-NII-CURRENT>                      447,256 
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,210,760
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     7,649,451 
<NET-ASSETS>                                88,696,362
<DIVIDEND-INCOME>                            2,173,252
<INTEREST-INCOME>                              119,316
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,446,363)
<NET-INVESTMENT-INCOME>                        846,205
<REALIZED-GAINS-CURRENT>                     9,051,792
<APPREC-INCREASE-CURRENT>                  (1,625,807)
<NET-CHANGE-FROM-OPS>                        8,272,190
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (222,831)
<DISTRIBUTIONS-OF-GAINS>                   (1,470,567)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,336,432
<NUMBER-OF-SHARES-REDEEMED>                (4,486,834)
<SHARES-REINVESTED>                             18,526  
<NET-CHANGE-IN-ASSETS>                      17,796,503
<ACCUMULATED-NII-PRIOR>                       (20,056)
<ACCUMULATED-GAINS-PRIOR>                  (4,526,527)  
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          964,783
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,542,812
<AVERAGE-NET-ASSETS>                        96,453,515
<PER-SHARE-NAV-BEGIN>                             9.46
<PER-SHARE-NII>                                   0.10
<PER-SHARE-GAIN-APPREC>                           1.22
<PER-SHARE-DIVIDEND>                            (0.18)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.60
<EXPENSE-RATIO>                                   1.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 22
   <NAME> LARGE CAP FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   other 
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       41,735,015
<INVESTMENTS-AT-VALUE>                      47,919,875
<RECEIVABLES>                                   45,664
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            42,200
<TOTAL-ASSETS>                              48,007,739
<PAYABLE-FOR-SECURITIES>                       413,192
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       65,889
<TOTAL-LIABILITIES>                            479,081
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    41,557,814
<SHARES-COMMON-STOCK>                        5,583,405
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (214,016)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     6,184,860 
<NET-ASSETS>                                47,528,658
<DIVIDEND-INCOME>                               52,962
<INTEREST-INCOME>                               44,724
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (115,013)
<NET-INVESTMENT-INCOME>                       (17,327)
<REALIZED-GAINS-CURRENT>                     (214,016)
<APPREC-INCREASE-CURRENT>                    6,184,860
<NET-CHANGE-FROM-OPS>                        5,953,517
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,724,639
<NUMBER-OF-SHARES-REDEEMED>                  (141,234)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      41,575,141
<ACCUMULATED-NII-PRIOR>                              0 
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           82,152 
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                131,693
<AVERAGE-NET-ASSETS>                        22,012,780
<PER-SHARE-NAV-BEGIN>                             7.00
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           1.51
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0      
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.51
<EXPENSE-RATIO>                                   1.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 4
   <NAME> MANAGED INCOME FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      193,349,196
<INVESTMENTS-AT-VALUE>                     195,016,910
<RECEIVABLES>                                2,099,048
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            21,686
<TOTAL-ASSETS>                             197,137,644
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,040,857
<TOTAL-LIABILITIES>                          1,040,857
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   190,866,548
<SHARES-COMMON-STOCK>                       21,394,694 
<SHARES-COMMON-PRIOR>                       21,623,892
<ACCUMULATED-NII-CURRENT>                      182,630
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,379,895
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,667,714
<NET-ASSETS>                               196,096,787
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           12,378,216
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,732,472)
<NET-INVESTMENT-INCOME>                     10,645,744
<REALIZED-GAINS-CURRENT>                     8,505,576
<APPREC-INCREASE-CURRENT>                    3,888,688
<NET-CHANGE-FROM-OPS>                       23,040,008
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (10,645,744)
<DISTRIBUTIONS-OF-GAINS>                     (257,074)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,432,506
<NUMBER-OF-SHARES-REDEEMED>                (3,847,425)
<SHARES-REINVESTED>                            185,721
<NET-CHANGE-IN-ASSETS>                      10,200,619
<ACCUMULATED-NII-PRIOR>                        151,806
<ACCUMULATED-GAINS-PRIOR>                  (4,837,783)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,447,724
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,976,726
<AVERAGE-NET-ASSETS>                       193,057,768
<PER-SHARE-NAV-BEGIN>                             8.60
<PER-SHARE-NII>                                   0.49
<PER-SHARE-GAIN-APPREC>                           0.58
<PER-SHARE-DIVIDEND>                            (0.50)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.17
<EXPENSE-RATIO>                                   0.90
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> MONEY FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                  12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      660,610,366  
<INVESTMENTS-AT-VALUE>                     660,610,366
<RECEIVABLES>                                1,299,140
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            24,930
<TOTAL-ASSETS>                             661,934,436
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,062,278
<TOTAL-LIABILITIES>                          3,062,278
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   658,930,234
<SHARES-COMMON-STOCK>                      659,092,916
<SHARES-COMMON-PRIOR>                      498,300,557
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (58,076)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                               658,872,158
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           28,486,414
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,425,478)
<NET-INVESTMENT-INCOME>                     26,060,936
<REALIZED-GAINS-CURRENT>                        12,526
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                       26,073,462
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (26,060,936)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                  2,611,474,493
<NUMBER-OF-SHARES-REDEEMED>            (2,454,801,620)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     160,805,991
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                     (70,602)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,267,434
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,656,849
<AVERAGE-NET-ASSETS>                       506,970,826
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                  0.051
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                           (0.051)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   0.48
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 19
   <NAME> PACIFIC/ASIA FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       53,024,614
<INVESTMENTS-AT-VALUE>                      42,022,387
<RECEIVABLES>                                1,319,147 
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                           571,344
<TOTAL-ASSETS>                              43,912,878
<PAYABLE-FOR-SECURITIES>                         5,771
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       98,790
<TOTAL-LIABILITIES>                            104,561
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    70,646,243
<SHARES-COMMON-STOCK>                        6,721,068
<SHARES-COMMON-PRIOR>                        9,899,310
<ACCUMULATED-NII-CURRENT>                    (406,289)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (15,869,131)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (10,562,506)
<NET-ASSETS>                                43,808,317
<DIVIDEND-INCOME>                            1,061,654
<INTEREST-INCOME>                              221,603
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,114,038)
<NET-INVESTMENT-INCOME>                        169,219
<REALIZED-GAINS-CURRENT>                  (15,928,807)
<APPREC-INCREASE-CURRENT>                  (9,416,388)
<NET-CHANGE-FROM-OPS>                     (25,175,976)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,372,797
<NUMBER-OF-SHARES-REDEEMED>                (8,555,731)
<SHARES-REINVESTED>                              4,692  
<NET-CHANGE-IN-ASSETS>                    (46,136,680)
<ACCUMULATED-NII-PRIOR>                       (55,665) 
<ACCUMULATED-GAINS-PRIOR>                      (3,317)   
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          754,268
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,181,843
<AVERAGE-NET-ASSETS>                        75,349,020
<PER-SHARE-NAV-BEGIN>                             9.09
<PER-SHARE-NII>                                   0.01
<PER-SHARE-GAIN-APPREC>                         (2.52)
<PER-SHARE-DIVIDEND>                            (0.06)    
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.52
<EXPENSE-RATIO>                                   1.48
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 20
   <NAME> PAN EUROPEAN FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      148,062,385
<INVESTMENTS-AT-VALUE>                     206,029,984
<RECEIVABLES>                                1,598,777
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         1,265,572
<TOTAL-ASSETS>                             208,894,333
<PAYABLE-FOR-SECURITIES>                       332,633
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      925,926
<TOTAL-LIABILITIES>                          1,258,559
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   142,064,441 
<SHARES-COMMON-STOCK>                       14,691,472
<SHARES-COMMON-PRIOR>                       11,147,884 
<ACCUMULATED-NII-CURRENT>                    (201,032)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      7,812,727
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    57,959,638
<NET-ASSETS>                               207,635,774
<DIVIDEND-INCOME>                            1,957,002
<INTEREST-INCOME>                              199,386
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,368,487)
<NET-INVESTMENT-INCOME>                      (212,099) 
<REALIZED-GAINS-CURRENT>                    11,703,939
<APPREC-INCREASE-CURRENT>                   44,555,016
<NET-CHANGE-FROM-OPS>                       56,046,856
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (12,080)
<DISTRIBUTIONS-OF-GAINS>                  (11,544,148)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      7,208,623
<NUMBER-OF-SHARES-REDEEMED>                (3,738,354)
<SHARES-REINVESTED>                             73,319  
<NET-CHANGE-IN-ASSETS>                      85,644,275
<ACCUMULATED-NII-PRIOR>                       (14,995)
<ACCUMULATED-GAINS-PRIOR>                    7,691,078    
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,655,757 
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,488,784
<AVERAGE-NET-ASSETS>                       165,730,517
<PER-SHARE-NAV-BEGIN>                            10.94
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                           4.01
<PER-SHARE-DIVIDEND>                            (0.81) 
<PER-SHARE-DISTRIBUTIONS>                            0 
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.13
<EXPENSE-RATIO>                                   1.43
<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
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 18
   <NAME> PRODUCTIVITY ENHANCERS FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   05-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               SEP-15-1997
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                            2,210
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                         0
<DIVIDEND-INCOME>                                   70
<INTEREST-INCOME>                                   16
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (79)
<NET-INVESTMENT-INCOME>                              7
<REALIZED-GAINS-CURRENT>                           445
<APPREC-INCREASE-CURRENT>                        3,946
<NET-CHANGE-FROM-OPS>                                0
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          (9)
<DISTRIBUTIONS-OF-GAINS>                        (1058)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            218
<NUMBER-OF-SHARES-REDEEMED>                    (5,545)
<SHARES-REINVESTED>                                 66
<NET-CHANGE-IN-ASSETS>                               0
<ACCUMULATED-NII-PRIOR>                              0 
<ACCUMULATED-GAINS-PRIOR>                          606
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               48
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     86 
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                             8.17
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0    
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                                  0
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 23
   <NAME> REAL ESTATE FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                  other
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       40,845,063
<INVESTMENTS-AT-VALUE>                      40,954,667
<RECEIVABLES>                                  236,757
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            29,547
<TOTAL-ASSETS>                              41,220,971
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       50,247
<TOTAL-LIABILITIES>                             50,247
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    41,015,218
<SHARES-COMMON-STOCK>                        5,840,242
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       26,291
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         19,611
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       109,604
<NET-ASSETS>                                41,170,724
<DIVIDEND-INCOME>                              788,400
<INTEREST-INCOME>                               69,427
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (164,670)
<NET-INVESTMENT-INCOME>                        693,157 
<REALIZED-GAINS-CURRENT>                         (749) 
<APPREC-INCREASE-CURRENT>                      109,604
<NET-CHANGE-FROM-OPS>                          802,012
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (474,266)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,989,568 
<NUMBER-OF-SHARES-REDEEMED>                  (149,807)
<SHARES-REINVESTED>                                481
<NET-CHANGE-IN-ASSETS>                      41,170,724
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          137,933
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                193,222
<AVERAGE-NET-ASSETS>                        27,668,479
<PER-SHARE-NAV-BEGIN>                             7.00
<PER-SHARE-NII>                                   0.15
<PER-SHARE-GAIN-APPREC>                           0.01
<PER-SHARE-DIVIDEND>                            (0.11)
<PER-SHARE-DISTRIBUTIONS>                            0      
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.05 
<EXPENSE-RATIO>                                   1.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 141
   <NAME> SMALL CAP FUND
<MULTIPLIER> 1   
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       56,288,895
<INVESTMENTS-AT-VALUE>                      68,572,462
<RECEIVABLES>                                   44,004
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             3,419
<TOTAL-ASSETS>                              68,619,885
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       71,959
<TOTAL-LIABILITIES>                             71,959
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    55,635,657
<SHARES-COMMON-STOCK>                        5,735,910
<SHARES-COMMON-PRIOR>                        6,030,747
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        628,702 
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    12,283,567
<NET-ASSETS>                                68,547,926
<DIVIDEND-INCOME>                              250,498
<INTEREST-INCOME>                              231,449
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 565,626
<NET-INVESTMENT-INCOME>                       (83,679)
<REALIZED-GAINS-CURRENT>                     3,491,186
<APPREC-INCREASE-CURRENT>                   12,326,916
<NET-CHANGE-FROM-OPS>                       15,734,423
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,742,160  
<NUMBER-OF-SHARES-REDEEMED>                (2,036,998)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                      15,281,837
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (2,895,898)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          362,392
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                607,523
<AVERAGE-NET-ASSETS>                        60,425,583
<PER-SHARE-NAV-BEGIN>                             8.83
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                           3.13
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0      
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.95
<EXPENSE-RATIO>                                   0.94
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 142
   <NAME> SMALL CAP FUND
<MULTIPLIER> 1   
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       56,288,895
<INVESTMENTS-AT-VALUE>                      68,572,462
<RECEIVABLES>                                   44,004
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             3,419
<TOTAL-ASSETS>                              68,619,885
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       71,959
<TOTAL-LIABILITIES>                             71,959
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    55,635,657
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                              914
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        628,702 
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    12,283,567
<NET-ASSETS>                                68,547,926
<DIVIDEND-INCOME>                              250,498
<INTEREST-INCOME>                              231,449
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 565,626
<NET-INVESTMENT-INCOME>                       (83,679)
<REALIZED-GAINS-CURRENT>                     3,491,186
<APPREC-INCREASE-CURRENT>                   12,326,916
<NET-CHANGE-FROM-OPS>                       15,734,423
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            991  
<NUMBER-OF-SHARES-REDEEMED>                    (1,905)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      15,281,837
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (2,895,898)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          362,392
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                607,523
<AVERAGE-NET-ASSETS>                            14,186
<PER-SHARE-NAV-BEGIN>                             8.81
<PER-SHARE-NII>                                 (0.03)
<PER-SHARE-GAIN-APPREC>                           2.52
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0      
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.30
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 9
   <NAME>  SHORT-TERM GOVERNMENT SECURITIES FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       32,627,588
<INVESTMENTS-AT-VALUE>                      32,858,559
<RECEIVABLES>                                  281,789
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            74,944
<TOTAL-ASSETS>                              33,215,292
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      668,668 
<TOTAL-LIABILITIES>                            668,668
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    32,709,796
<SHARES-COMMON-STOCK>                        4,648,723
<SHARES-COMMON-PRIOR>                        4,446,414
<ACCUMULATED-NII-CURRENT>                       20,454
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (414,597)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       230,971
<NET-ASSETS>                                32,546,624
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,856,533
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (194,275)
<NET-INVESTMENT-INCOME>                      1,662,258  
<REALIZED-GAINS-CURRENT>                        13,550
<APPREC-INCREASE-CURRENT>                      313,752
<NET-CHANGE-FROM-OPS>                        1,989,560
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,662,258)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,570,677
<NUMBER-OF-SHARES-REDEEMED>                (1,412,887)
<SHARES-REINVESTED>                             44,519
<NET-CHANGE-IN-ASSETS>                       1,742,845
<ACCUMULATED-NII-PRIOR>                          6,654
<ACCUMULATED-GAINS-PRIOR>                    (414,347)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           94,409
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                215,835
<AVERAGE-NET-ASSETS>                        31,470,932
<PER-SHARE-NAV-BEGIN>                             6.93
<PER-SHARE-NII>                                   0.37
<PER-SHARE-GAIN-APPREC>                           0.07
<PER-SHARE-DIVIDEND>                            (0.37)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.00
<EXPENSE-RATIO>                                   0.62
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 7
   <NAME> TREASURY MONEY FUND 
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                  12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      471,498,806
<INVESTMENTS-AT-VALUE>                     471,498,806
<RECEIVABLES>                                  322,098
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            17,819
<TOTAL-ASSETS>                             471,838,723
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,198,270
<TOTAL-LIABILITIES>                          2,198,270
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   469,649,957
<SHARES-COMMON-STOCK>                      469,651,471
<SHARES-COMMON-PRIOR>                      349,103,844
<ACCUMULATED-NII-CURRENT>                        (126)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (9,378)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                               469,640,453
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           21,353,221
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,056,121
<NET-INVESTMENT-INCOME>                     19,297,100
<REALIZED-GAINS-CURRENT>                         7,136
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                       19,304,236
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (19,297,171)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                  2,515,769,963
<NUMBER-OF-SHARES-REDEEMED>            (2,397,183,732)
<SHARES-REINVESTED>                          1,959,784  
<NET-CHANGE-IN-ASSETS>                     120,553,080
<ACCUMULATED-NII-PRIOR>                           (55)
<ACCUMULATED-GAINS-PRIOR>                     (16,514)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,191,094
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,138,735
<AVERAGE-NET-ASSETS>                       397,155,914
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                  0.049
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                           (0.049)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   0.52
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 121 
   <NAME> VALUE AND RESTRUCTURING FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      293,015,035
<INVESTMENTS-AT-VALUE>                     399,629,194
<RECEIVABLES>                                3,183,508
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             402,812,702
<PAYABLE-FOR-SECURITIES>                    13,348,736
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,016,558
<TOTAL-LIABILITIES>                         14,365,294
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   277,928,182
<SHARES-COMMON-STOCK>                       16,325,679
<SHARES-COMMON-PRIOR>                        7,783,856
<ACCUMULATED-NII-CURRENT>                      274,591
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,631,511
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   106,613,124
<NET-ASSETS>                               388,447,408
<DIVIDEND-INCOME>                            2,733,206
<INTEREST-INCOME>                              246,500
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,845,603)
<NET-INVESTMENT-INCOME>                      1,134,103
<REALIZED-GAINS-CURRENT>                     4,596,344
<APPREC-INCREASE-CURRENT>                   80,592,450 
<NET-CHANGE-FROM-OPS>                       86,322,897
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (855,654)
<DISTRIBUTIONS-OF-GAINS>                   (2,883,915)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      9,949,197
<NUMBER-OF-SHARES-REDEEMED>                (1,440,113)
<SHARES-REINVESTED>                             32,739
<NET-CHANGE-IN-ASSETS>                     264,384,339
<ACCUMULATED-NII-PRIOR>                        145,348
<ACCUMULATED-GAINS-PRIOR>                    1,881,036
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,248,447
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,933,673
<AVERAGE-NET-ASSETS>                       208,322,553
<PER-SHARE-NAV-BEGIN>                            15.93
<PER-SHARE-NII>                                   0.10
<PER-SHARE-GAIN-APPREC>                           8.12
<PER-SHARE-DIVIDEND>                            (0.09)
<PER-SHARE-DISTRIBUTIONS>                       (0.27)     
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.79
<EXPENSE-RATIO>                                   0.89
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
   <NUMBER> 122 
   <NAME> VALUE AND RESTRUCTURING FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-START>                             APR-01-1997
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      293,015,035
<INVESTMENTS-AT-VALUE>                     399,629,194
<RECEIVABLES>                                3,183,508
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             402,812,702
<PAYABLE-FOR-SECURITIES>                    13,348,736
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,016,558
<TOTAL-LIABILITIES>                         14,365,294
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   277,928,182
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                            3,264
<ACCUMULATED-NII-CURRENT>                      274,591
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,631,511
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   106,613,124
<NET-ASSETS>                               388,447,408
<DIVIDEND-INCOME>                            2,733,206
<INTEREST-INCOME>                              246,500
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,845,603)
<NET-INVESTMENT-INCOME>                      1,134,103
<REALIZED-GAINS-CURRENT>                     4,596,344
<APPREC-INCREASE-CURRENT>                   80,592,450 
<NET-CHANGE-FROM-OPS>                       86,322,897
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (58)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                    (3,268)
<SHARES-REINVESTED>                                  4 
<NET-CHANGE-IN-ASSETS>                     264,384,339
<ACCUMULATED-NII-PRIOR>                        145,348
<ACCUMULATED-GAINS-PRIOR>                    1,881,036
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,248,447
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,933,673
<AVERAGE-NET-ASSETS>                            56,172
<PER-SHARE-NAV-BEGIN>                            15.91
<PER-SHARE-NII>                                   0.02
<PER-SHARE-GAIN-APPREC>                           2.94
<PER-SHARE-DIVIDEND>                            (0.02)
<PER-SHARE-DISTRIBUTIONS>                            0     
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.85
<EXPENSE-RATIO>                                   1.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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