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<PAGE> PAGE 2
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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050 000400 N
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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<PAGE> PAGE 43
085 B000800 N
008 A000901 NEW ENGLAND FUNDS MANAGEMENT L.P.
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008 A000902 LOOMIS SAYLES & COMPANY, L.P.
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<PAGE> PAGE 44
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<PAGE> PAGE 45
048 K010900 500
048 K020900 0.650
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050 000900 N
051 000900 N
052 000900 N
053 A000900 N
058 A000900 N
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070 A020900 Y
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<PAGE> PAGE 46
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
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070 K010900 N
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
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070 P020900 N
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070 Q020900 N
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<PAGE> PAGE 47
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<PAGE> PAGE 48
080 A000900 FEDERAL INSURANCE COMPANY
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<PAGE> PAGE 49
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<PAGE> PAGE 50
042 F001000 0
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<PAGE> PAGE 51
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070 M011000 Y
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<PAGE> PAGE 52
070 P011000 N
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<PAGE> PAGE 53
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008 A001101 NEW ENGLAND FUNDS MANAGEMENT LP
008 B001101 A
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008 D011101 BOSTON
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008 D031101 02116
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<PAGE> PAGE 54
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<PAGE> PAGE 55
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<PAGE> PAGE 56
061 001100 2500
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<PAGE> PAGE 57
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<PAGE> PAGE 58
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<PAGE> PAGE 59
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<PAGE> PAGE 60
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<PAGE> PAGE 61
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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
063 A001200 0
063 B001200 0.0
066 A001200 Y
066 B001200 N
066 C001200 Y
066 D001200 N
066 E001200 N
066 F001200 N
066 G001200 N
<PAGE> PAGE 62
067 001200 N
068 A001200 N
068 B001200 Y
069 001200 N
070 A011200 Y
070 A021200 Y
070 B011200 Y
070 B021200 N
070 C011200 N
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 Y
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 Y
070 L011200 Y
070 L021200 Y
070 M011200 Y
070 M021200 Y
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200 94875
071 B001200 101005
071 C001200 261195
071 D001200 73
072 A001200 6
072 B001200 536
072 C001200 2865
072 D001200 0
072 E001200 0
072 F001200 1469
072 G001200 27
<PAGE> PAGE 63
072 H001200 0
072 I001200 423
072 J001200 360
072 K001200 0
072 L001200 47
072 M001200 10
072 N001200 34
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 23
072 S001200 2
072 T001200 939
072 U001200 7
072 V001200 0
072 W001200 6
072 X001200 3347
072 Y001200 0
072 Z001200 54
072AA001200 11964
072BB001200 0
072CC011200 5780
072CC021200 0
072DD011200 0
072DD021200 0
072EE001200 0
073 A011200 0.0000
073 A021200 0.0000
073 B001200 0.0000
073 C001200 0.0000
074 A001200 74
074 B001200 23072
074 C001200 200
074 D001200 611
074 E001200 0
074 F001200 259621
074 G001200 0
074 H001200 0
074 I001200 0
074 J001200 2136
074 K001200 0
074 L001200 999
074 M001200 849
074 N001200 287562
074 O001200 6641
074 P001200 249
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 872
<PAGE> PAGE 64
074 S001200 0
074 T001200 279800
074 U011200 7357
074 U021200 9753
074 V011200 16.53
074 V021200 16.22
074 W001200 0.0000
074 X001200 29107
074 Y001200 0
075 A001200 0
075 B001200 282181
076 001200 0.00
080 A001200 FEDERAL INSURANCE COMPANY
080 C001200 17000
081 A001200 Y
081 B001200 23
082 A001200 N
082 B001200 0
083 A001200 N
083 B001200 0
084 A001200 N
084 B001200 0
085 A001200 Y
085 B001200 N
008 A001301 NEW ENGLAND FUNDS MANAGEMENT, L.P.
008 B001301 A
008 C001301 801-48408
008 D011301 BOSTON
008 D021301 MA
008 D031301 02116
008 A001302 ROBERTSON, STEPHENS & COMPANY
008 B001302 S
008 C001302 801-144125
008 D011302 SAN FRANCISCO
008 D021302 CA
008 D031302 94104
008 A001303 MONTGOMERY ASSET MANAGEMENT, L.P.
008 B001303 S
008 C001303 801-36790
008 D011303 SAN FRANCISCO
008 D021303 CA
008 D031303 94111
008 A001304 LOOMIS SAYLES & COMPANY, L.P.
008 B001304 S
008 C001304 801-170
008 D011304 BOSTON
008 D021304 MA
008 D031304 02111
008 A001305 OAKMARK/HARRIS ASSOCIATES L.P.
008 B001305 S
008 C001305 801-50333
<PAGE> PAGE 65
008 D011305 CHICAGO
008 D021305 IL
008 D031305 60602
024 001300 N
025 D001301 0
025 D001302 0
025 D001303 0
025 D001304 0
025 D001305 0
025 D001306 0
025 D001307 0
025 D001308 0
028 A011300 9957
028 A021300 0
028 A031300 0
028 A041300 8372
028 B011300 13228
028 B021300 0
028 B031300 0
028 B041300 9140
028 C011300 18469
028 C021300 0
028 C031300 0
028 C041300 14516
028 D011300 10270
028 D021300 0
028 D031300 0
028 D041300 7742
028 E011300 14606
028 E021300 0
028 E031300 0
028 E041300 14427
028 F011300 13107
028 F021300 0
028 F031300 0
028 F041300 10079
028 G011300 79637
028 G021300 0
028 G031300 0
028 G041300 64276
028 H001300 10672
029 001300 Y
030 A001300 320
030 B001300 5.75
030 C001300 0.00
031 A001300 43
031 B001300 0
032 001300 122
033 001300 155
034 001300 Y
035 001300 91
<PAGE> PAGE 66
036 A001300 Y
036 B001300 0
037 001300 N
038 001300 0
039 001300 N
040 001300 Y
041 001300 Y
042 A001300 0
042 B001300 0
042 C001300 100
042 D001300 0
042 E001300 0
042 F001300 0
042 G001300 0
042 H001300 0
043 001300 440
044 001300 0
045 001300 Y
046 001300 Y
047 001300 Y
048 001300 1.050
048 A011300 0
048 A021300 0.000
048 B011300 0
048 B021300 0.000
048 C011300 0
048 C021300 0.000
048 D011300 0
048 D021300 0.000
048 E011300 0
048 E021300 0.000
048 F011300 0
048 F021300 0.000
048 G011300 0
048 G021300 0.000
048 H011300 0
048 H021300 0.000
048 I011300 0
048 I021300 0.000
048 J011300 0
048 J021300 0.000
048 K011300 0
048 K021300 0.000
049 001300 N
050 001300 N
051 001300 N
052 001300 N
053 A001300 N
058 A001300 N
059 001300 Y
060 A001300 Y
<PAGE> PAGE 67
060 B001300 Y
061 001300 2500
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
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
063 A001300 0
063 B001300 0.0
066 A001300 Y
066 B001300 N
066 C001300 Y
066 D001300 N
066 E001300 N
066 F001300 N
066 G001300 N
067 001300 N
068 A001300 N
068 B001300 N
069 001300 N
070 A011300 Y
070 A021300 Y
070 B011300 Y
070 B021300 Y
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 Y
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 N
070 I021300 N
<PAGE> PAGE 68
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 N
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 N
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 Y
070 R021300 Y
071 A001300 122347
071 B001300 103099
071 C001300 125179
071 D001300 165
072 A001300 6
072 B001300 136
072 C001300 191
072 D001300 0
072 E001300 0
072 F001300 684
072 G001300 17
072 H001300 0
072 I001300 210
072 J001300 106
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072 L001300 26
072 M001300 6
072 N001300 41
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072 P001300 0
072 Q001300 0
072 R001300 20
072 S001300 1
072 T001300 440
072 U001300 4
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072 W001300 4
072 X001300 1559
072 Y001300 0
072 Z001300 -1232
072AA001300 6939
072BB001300 373
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<PAGE> PAGE 69
072CC021300 0
072DD011300 0
072DD021300 0
072EE001300 0
073 A011300 0.0000
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073 C001300 0.0000
074 A001300 1007
074 B001300 3793
074 C001300 0
074 D001300 0
074 E001300 0
074 F001300 136291
074 G001300 17
074 H001300 0
074 I001300 0
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074 K001300 0
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074 U021300 5016
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<PAGE> PAGE 70
085 A001300 Y
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072DD023200 0
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073 A013200 0.0000
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SIGNATURE SCOTT FITZHENRY
TITLE A.V.P. FUND ADMIM.
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<RESTATED>
<CIK> 0000770540
<NAME> TRUST1
<SERIES>
<NUMBER> 011
<NAME> BALANCED A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 340,102,140
<INVESTMENTS-AT-VALUE> 407,373,118
<RECEIVABLES> 10,578,558
<ASSETS-OTHER> 152
<OTHER-ITEMS-ASSETS> 9,000
<TOTAL-ASSETS> 417,960,828
<PAYABLE-FOR-SECURITIES> 7,528,424
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<OTHER-ITEMS-LIABILITIES> 1,398,526
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<PAID-IN-CAPITAL-COMMON> 320,387,978
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<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 409,033,878
<DIVIDEND-INCOME> 1,709,688
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<EXPENSES-NET> 2,771,517
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<REALIZED-GAINS-CURRENT> 16,336,802
<APPREC-INCREASE-CURRENT> 3,166,183
<NET-CHANGE-FROM-OPS> 23,910,351
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,555,602
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 33,944,812
<NUMBER-OF-SHARES-REDEEMED> 44,047,572
<SHARES-REINVESTED> 2,432,444
<NET-CHANGE-IN-ASSETS> (7,670,316)
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<OVERDISTRIB-NII-PRIOR> (38,382)
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<PER-SHARE-NAV-END> 14.96
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000770540
<NAME> TRUST1
<SERIES>
<NUMBER> 012
<NAME> BALANCED B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 340,102,140
<INVESTMENTS-AT-VALUE> 407,373,118
<RECEIVABLES> 10,578,558
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<TOTAL-ASSETS> 417,960,828
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<PAID-IN-CAPITAL-COMMON> 320,387,978
<SHARES-COMMON-STOCK> 5,639,164
<SHARES-COMMON-PRIOR> 5,410,555
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 113,385
<ACCUMULATED-NET-GAINS> 21,261,561
<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 409,033,878
<DIVIDEND-INCOME> 1,709,688
<INTEREST-INCOME> 5,469,195
<OTHER-INCOME> 0
<EXPENSES-NET> 2,771,517
<NET-INVESTMENT-INCOME> 4,407,366
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<NUMBER-OF-SHARES-SOLD> 9,802,12
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<SHARES-REINVESTED> 560,249
<NET-CHANGE-IN-ASSETS> 3,396,816
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (38,382)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,481,154
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,771,517
<AVERAGE-NET-ASSETS> 81,597,321
<PER-SHARE-NAV-BEGIN> 14.15
<PER-SHARE-NII> 0.11
<PER-SHARE-GAIN-APPREC> 0.69
<PER-SHARE-DIVIDEND> 0.11
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<PER-SHARE-NAV-END> 14.84
<EXPENSE-RATIO> 2.03
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000770540
<NAME> TRUST 1
<SERIES>
<NUMBER> 013
<NAME> BALANCED C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 340,102,140
<INVESTMENTS-AT-VALUE> 407,373,118
<RECEIVABLES> 10,578,558
<ASSETS-OTHER> 152
<OTHER-ITEMS-ASSETS> 9,000
<TOTAL-ASSETS> 417,960,828
<PAYABLE-FOR-SECURITIES> 7,528,424
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<OTHER-ITEMS-LIABILITIES> 1,398,526
<TOTAL-LIABILITIES> 8,926,950
<SENIOR-EQUITY> 0
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<OVERDISTRIBUTION-GAINS> 0
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<EXPENSES-NET> 2,771,517
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<NET-CHANGE-FROM-OPS> 23,910,3551
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 42,229
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,252,487
<NUMBER-OF-SHARES-REDEEMED> 1,745,232
<SHARES-REINVESTED> 40,791
<NET-CHANGE-IN-ASSETS> 548,046
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (38,382)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,481,154
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,771,517
<AVERAGE-NET-ASSETS> 5,621,858
<PER-SHARE-NAV-BEGIN> 14.10
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<PER-SHARE-GAIN-APPREC> 0.69
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<PER-SHARE-NAV-END> 14.79
<EXPENSE-RATIO> 2.03
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000770540
<NAME> TRUST1
<SERIES>
<NUMBER> 014
<NAME> BALANCED Y
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 340,102,140
<INVESTMENTS-AT-VALUE> 407,373,118
<RECEIVABLES> 10,578,558
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<TOTAL-ASSETS> 417,960,828
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<PAID-IN-CAPITAL-COMMON> 320,387,978
<SHARES-COMMON-STOCK> 5,521,865
<SHARES-COMMON-PRIOR> 6,000,914
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 113,385
<ACCUMULATED-NET-GAINS> 21,261,561
<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 409,033,878
<DIVIDEND-INCOME> 1,709,688
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<EXPENSES-NET> 2,771,517
<NET-INVESTMENT-INCOME> 4,407,366
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<EQUALIZATION> 0
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<NUMBER-OF-SHARES-SOLD> 3,113,170
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<SHARES-REINVESTED> 1,068,563
<NET-CHANGE-IN-ASSETS> (7,089,630)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (38,382)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,481,154
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,771,517
<AVERAGE-NET-ASSETS> 85,882,402
<PER-SHARE-NAV-BEGIN> 14.27
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 0.67
<PER-SHARE-DIVIDEND> 0.19
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.97
<EXPENSE-RATIO> 0.89
<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> 0000770540
<NAME> TRUST 1
<SERIES>
<NUMBER> 021
<NAME> GROWTH A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 1,508,347,975
<INVESTMENTS-AT-VALUE> 1,810,991,794
<RECEIVABLES> 10,800,761
<ASSETS-OTHER> 2,076
<OTHER-ITEMS-ASSETS> 22,500
<TOTAL-ASSETS> 1,821,817,131
<PAYABLE-FOR-SECURITIES> 4,839,065
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,418,335
<TOTAL-LIABILITIES> 7,257,400
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,222,350,336
<SHARES-COMMON-STOCK> 134,464,670
<SHARES-COMMON-PRIOR> 140,188,629
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 13,124,784
<ACCUMULATED-NET-GAINS> 276,440,792
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 302,643,819
<NET-ASSETS> 1,814,559,731
<DIVIDEND-INCOME> 21,122,240
<INTEREST-INCOME> 230,695
<OTHER-INCOME> 0
<EXPENSES-NET> 9,299,484
<NET-INVESTMENT-INCOME> 12,053,451
<REALIZED-GAINS-CURRENT> 22,359,951
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<OTHER-INCOME> 0
<EXPENSES-NET> 1,558,976
<NET-INVESTMENT-INCOME> (1,232,476)
<REALIZED-GAINS-CURRENT> 6,566,024
<APPREC-INCREASE-CURRENT> 598,566
<NET-CHANGE-FROM-OPS> 5,932,114
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,276,776
<NUMBER-OF-SHARES-REDEEMED> 2,508,452
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,765,324
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 683,761
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,558,976
<AVERAGE-NET-ASSETS> 14,850,170
<PER-SHARE-NAV-BEGIN> 15.26
<PER-SHARE-NII> (0.16)
<PER-SHARE-GAIN-APPREC> 0.87
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.97
<EXPENSE-RATIO> 2.72
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
Attachment to New England Funds Trust I N-SAR
At a Special Meeting of shareholders of the Capital Growth Fund held on
April 17, 1998, such shareholders voted for the following proposals:
1.That the Subadvisory Agreement relating to the Fund between New England Funds
Management, L.P. and Westpeak Investment Advisors, L. P. be, and hereby is,
approved.
Voted For: 4,733,660
Voted Against: 194,331
Abstain: 206,088
Total Votes: 5,134,079
