PLAN INVESTMENT FUND INC
NSAR-A, 1996-08-22
Previous: RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC, 424B5, 1996-08-22
Next: AMERICAN CLAIMS EVALUATION INC, DEF 14A, 1996-08-22



<PAGE>      PAGE  1
000 A000000 06/30/96
000 C000000 774412
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 PLAN INVESTMENT FUND
001 B000000 811-4379
001 C000000 3124406372
002 A000000 676 N. ST. CLAIR
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60611
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 PLAN INVESTMENT FUND - MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 PLAN INVESTMENT FUND - SHORT-TERM PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 PLAN INVESTMENT FUND - GOVERNMENT REPO PORTFO
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 HEALTH PLANS CAPITAL SERVICES CORP.
010 C01AA01 CHICAGO
010 C02AA01 IL
010 C03AA01 60611
012 A00AA01 PFPC, INC.
012 B00AA01 85-1196
012 C01AA01 WILMINGTON
012 C02AA01 DE
012 C03AA01 19809
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
<PAGE>      PAGE  2
013 B04AA01 2962
015 A00AA01 PNC BANK, N.A.
015 B00AA01 C
015 C01AA01 PHILADELPHIA
015 C02AA01 PA
015 C03AA01 19103
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 LEHMAN BROTHERS INC.
022 B000001 13-2518466
022 C000001  12095512
022 D000001         0
022 A000002 MORGAN STANLEY & CO. INC.
022 B000002 13-2655998
022 C000002   7535788
022 D000002      3000
022 A000003 GOLDMAN SACHS & CO.
022 B000003 13-5108880
022 C000003   5451257
022 D000003      2499
022 A000004 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000004 13-5674085
022 C000004   3231707
022 D000004      4825
022 A000005 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000005 13-2741729
022 C000005   1544921
022 D000005         0
022 A000006 SWISS BANK CORP.
022 B000006 13-2741554
022 C000006    745260
022 D000006         0
022 A000007 CITIBANK, N.A.
022 B000007 13-2771536
022 C000007    598994
022 D000007         0
022 A000008 DAIWA SECURITIES AMERICA INC.
022 B000008 13-5680329
<PAGE>      PAGE  3
022 C000008    345528
022 D000008         0
022 A000009 LANSTON (AUBREY G) & CO.
022 B000009 13-5552129
022 C000009    258488
022 D000009         0
022 A000010 CS FIRST BOSTON
022 B000010 13-5659485
022 C000010    234548
022 D000010       115
023 C000000   32758403
023 D000000      39531
026 A000000 N
026 B000000 N
026 C000000 N
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
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
<PAGE>      PAGE  4
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 N
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00        0
066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
077 A000000 N
078  000000 N
080 A00AA00 FEDERAL INSURANCE CO.
080 C00AA00     1000
081 A00AA00 N
081 B00AA00   0
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
<PAGE>      PAGE  5
086 E020000      0
086 F010000      0
086 F020000      0
008 A000101 PNC INSTITUTIONAL MANAGEMENT CORP.
008 B000101 A
008 C000101 801-13304
008 D010101 WILMINGTON
008 D020101 DE
008 D030101 19809
024  000100 Y
025 A000101 GOLDMAN SACHS GROUP L.P.
025 B000101 13-5108880
025 C000101 D
025 D000101   40000
025 A000102 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
025 B000102 13-5674085
025 C000102 D
025 D000102    5000
025 A000103 MORGAN STANLEY & CO.
025 B000103 13-2655998
025 C000103 D
025 D000103    2300
025 A000104 CITIBANK, N.A.
025 B000104 13-2771536
025 C000104 D
025 D000104    1976
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
028 A010100    590415
028 A020100      1528
028 A030100         0
028 A040100    515549
028 B010100    510521
028 B020100      1556
028 B030100         0
028 B040100    497983
028 C010100    522454
028 C020100      1552
028 C030100         0
028 C040100    528439
028 D010100    539787
028 D020100      1551
028 D030100         0
028 D040100    549383
028 E010100    506249
028 E020100      1522
028 E030100         0
028 E040100    602137
028 F010100    416798
<PAGE>      PAGE  6
028 F020100      1629
028 F030100         0
028 F040100    474253
028 G010100   3086224
028 G020100      9338
028 G030100         0
028 G040100   3167744
028 H000100         0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
048 A010100   250000
048 A020100 0.200
048 B010100   250000
048 B020100 0.150
048 C010100   250000
048 C020100 0.120
048 D010100   250000
048 D020100 0.100
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100  1000000
048 K020100 0.080
055 A000100 N
055 B000100 N
056  000100 N
057  000100 N
062 A000100 Y
062 B000100   0.0
062 C000100   8.6
062 D000100   3.4
062 E000100   0.0
062 F000100  16.2
062 G000100   0.0
062 H000100   0.4
062 I000100  59.0
062 J000100   0.0
062 K000100   0.0
062 L000100  12.7
062 M000100   0.0
<PAGE>      PAGE  7
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100  60
063 B000100  0.0
064 A000100 N
064 B000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
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 Y
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
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  6
072 B000100    18701
<PAGE>      PAGE  8
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100      547
072 G000100      171
072 H000100        0
072 I000100       17
072 J000100       37
072 K000100        0
072 L000100        2
072 M000100        8
072 N000100        0
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       15
072 S000100        8
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100       20
072 X000100      825
072 Y000100       38
072 Z000100    17914
072AA000100        0
072BB000100        0
072CC010100        0
072CC020100        0
072DD010100    17914
072DD020100        0
072EE000100        0
073 A010100   0.0260
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100       59
074 B000100    17300
074 C000100   496782
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     1347
074 M000100        0
074 N000100   515488
074 O000100        0
074 P000100        0
<PAGE>      PAGE  9
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     2695
074 S000100        0
074 T000100   512793
074 U010100   512793
074 U020100        0
074 V010100     1.00
074 V020100     0.00
074 W000100   0.9995
074 X000100      114
074 Y000100        0
075 A000100   688210
075 B000100        0
076  000100     0.00
008 A000201 NEUBERGER & BERMAN
008 B000201 A
008 C000201 801-00000
008 D010201 NEW YORK
008 D020201 NY
008 D030201 10036
024  000200 N
025 D000201       0
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200      7000
028 A020200       196
028 A030200         0
028 A040200       160
028 B010200      7500
028 B020200       216
028 B030200         0
028 B040200      1000
028 C010200      2000
028 C020200       212
028 C030200         0
028 C040200      1380
028 D010200         0
028 D020200       244
028 D030200         0
028 D040200       142
028 E010200         0
028 E020200       238
028 E030200         0
<PAGE>      PAGE  10
028 E040200      2974
028 F010200         0
028 F020200       231
028 F030200         0
028 F040200      8500
028 G010200     16500
028 G020200      1337
028 G030200         0
028 G040200     14156
028 H000200         0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.000
048 A010200    50000
048 A020200 0.300
048 B010200    50000
048 B020200 0.200
048 C010200   150000
048 C020200 0.150
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
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200   250000
048 K020200 0.100
055 A000200 N
055 B000200 N
056  000200 Y
057  000200 N
062 A000200 Y
062 B000200   0.0
062 C000200   2.9
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200  48.6
062 J000200   0.0
062 K000200   0.0
<PAGE>      PAGE  11
062 L000200   0.0
062 M000200  11.3
062 N000200  10.1
062 O000200   0.0
062 P000200  29.9
062 Q000200   0.0
062 R000200   0.0
063 A000200 182
063 B000200  0.0
064 A000200 N
064 B000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
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 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200     21532
071 B000200     44768
071 C000200     45740
071 D000200   47
<PAGE>      PAGE  12
072 A000200  6
072 B000200     2148
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200       99
072 G000200       19
072 H000200        0
072 I000200       51
072 J000200        6
072 K000200        0
072 L000200        0
072 M000200        1
072 N000200        0
072 O000200        0
072 P000200        0
072 Q000200        0
072 R000200        2
072 S000200        1
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200        0
072 X000200      179
072 Y000200       68
072 Z000200     2037
072AA000200       22
072BB000200      115
072CC010200        0
072CC020200      347
072DD010200     2037
072DD020200        0
072EE000200        0
073 A010200   0.2733
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200       11
074 B000200        0
074 C000200    34588
074 D000200    34459
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200      445
074 M000200       28
074 N000200    69531
<PAGE>      PAGE  13
074 O000200        0
074 P000200        0
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200     2368
074 S000200        0
074 T000200    67163
074 U010200     6753
074 U020200        0
074 V010200     9.94
074 V020200     0.00
074 W000200   0.0000
074 X000200       27
074 Y000200        0
075 A000200        0
075 B000200    74305
076  000200     0.00
008 A000301 PNC INSTITUTIONAL MANAGEMENT CORP.
008 B000301 A
008 C000301 801-13304
008 D010301 WILMINGTON
008 D020301 DE
008 D030301 19809
024  000300 Y
025 A000301 MORGAN STANLEY & CO., INC.
025 B000301 13-2655998
025 C000301 D
025 D000301   15300
025 D000302       0
025 D000303       0
025 D000304       0
025 D000305       0
025 D000306       0
025 D000307       0
025 D000308       0
028 A010300    121416
028 A020300       148
028 A030300         0
028 A040300    117624
028 B010300     10000
028 B020300        97
028 B030300         0
028 B040300     68870
028 C010300    114108
028 C020300        86
028 C030300         0
028 C040300     84878
028 D010300    178860
028 D020300        96
<PAGE>      PAGE  14
028 D030300         0
028 D040300    158226
028 E010300     81822
028 E020300       137
028 E030300         0
028 E040300     98312
028 F010300     87120
028 F020300       148
028 F030300         0
028 F040300    107296
028 G010300    593326
028 G020300       712
028 G030300         0
028 G040300    635206
028 H000300         0
045  000300 Y
046  000300 N
047  000300 Y
048  000300  0.000
048 A010300   250000
048 A020300 0.200
048 B010300   250000
048 B020300 0.150
048 C010300   250000
048 C020300 0.120
048 D010300   250000
048 D020300 0.100
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  1000000
048 K020300 0.080
055 A000300 N
055 B000300 N
056  000300 N
057  000300 N
062 A000300 Y
062 B000300   0.0
062 C000300  80.9
062 D000300  19.6
062 E000300   0.0
062 F000300   0.0
<PAGE>      PAGE  15
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
063 A000300   3
063 B000300  0.0
064 A000300 N
064 B000300 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 N
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 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 N
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
<PAGE>      PAGE  16
070 R020300 N
071 A000300         0
071 B000300         0
071 C000300         0
071 D000300    0
072 A000300  6
072 B000300     2586
072 C000300        0
072 D000300        0
072 E000300        0
072 F000300       96
072 G000300       24
072 H000300        0
072 I000300        2
072 J000300       10
072 K000300        0
072 L000300        0
072 M000300        1
072 N000300        0
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300        2
072 S000300        1
072 T000300        0
072 U000300        0
072 V000300        0
072 W000300        3
072 X000300      139
072 Y000300       91
072 Z000300     2538
072AA000300        0
072BB000300        0
072CC010300        0
072CC020300        0
072DD010300     2538
072DD020300        0
072EE000300        0
073 A010300   0.0264
073 A020300   0.0000
073 B000300   0.0000
073 C000300   0.0000
074 A000300       10
074 B000300    15300
074 C000300    63000
074 D000300        0
074 E000300        0
074 F000300        0
074 G000300        0
074 H000300        0
074 I000300        0
<PAGE>      PAGE  17
074 J000300        0
074 K000300        0
074 L000300        7
074 M000300        0
074 N000300    78317
074 O000300        0
074 P000300        0
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      405
074 S000300        0
074 T000300    77912
074 U010300    77912
074 U020300        0
074 V010300     1.00
074 V020300     0.00
074 W000300   1.0000
074 X000300       15
074 Y000300        0
075 A000300    96207
075 B000300        0
076  000300     0.00
SIGNATURE   WENDY MCGEE                                  
TITLE       LEGAL ASSISTANT     
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000774412
<NAME> PLAN INVESTMENT FUND
<SERIES>
   <NUMBER> 01
   <NAME> MONEY MARKET PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                        514081607
<INVESTMENTS-AT-VALUE>                       514081607
<RECEIVABLES>                                  1347356
<ASSETS-OTHER>                                   59320
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               515488283
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      2695462
<TOTAL-LIABILITIES>                            2695462
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     512792821
<SHARES-COMMON-STOCK>                        512792821
<SHARES-COMMON-PRIOR>                        584976096
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                 512792821
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             18701488
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  787152
<NET-INVESTMENT-INCOME>                       17914336
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                         17914336
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     17914336
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     3086223558
<NUMBER-OF-SHARES-REDEEMED>                 3167744461
<SHARES-REINVESTED>                            9337628
<NET-CHANGE-IN-ASSETS>                        72183275
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           546801
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 824588
<AVERAGE-NET-ASSETS>                         688210238
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .026
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                              .026
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .23
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000774412
<NAME> PLAN INVESTMENT FUND
<SERIES>
   <NUMBER> 02
   <NAME> SHORT-TERM PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                         69122782
<INVESTMENTS-AT-VALUE>                        69046596
<RECEIVABLES>                                   445538
<ASSETS-OTHER>                                   38637
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                69530771
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      2368077
<TOTAL-LIABILITIES>                            2368077
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      68203892
<SHARES-COMMON-STOCK>                          6753422
<SHARES-COMMON-PRIOR>                          6391373
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (965012)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (76186)
<NET-ASSETS>                                  67162694
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2148075
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  111151
<NET-INVESTMENT-INCOME>                        2036924
<REALIZED-GAINS-CURRENT>                       (93018)
<APPREC-INCREASE-CURRENT>                     (347544)
<NET-CHANGE-FROM-OPS>                          1596362
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      2036924
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1651554
<NUMBER-OF-SHARES-REDEEMED>                    1423592
<SHARES-REINVESTED>                             134087
<NET-CHANGE-IN-ASSETS>                         3240354
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            98763
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 179003
<AVERAGE-NET-ASSETS>                          74304629
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   .273
<PER-SHARE-GAIN-APPREC>                          (.06)
<PER-SHARE-DIVIDEND>                              .273
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.94
<EXPENSE-RATIO>                                    .30
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000774412
<NAME> PLAN INVESTMENT FUND
<SERIES>
   <NUMBER> 03
   <NAME> GOVERNMENT/REPO PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                         78300000
<INVESTMENTS-AT-VALUE>                        78300000
<RECEIVABLES>                                     7121
<ASSETS-OTHER>                                    9770
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                78316891
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       405257
<TOTAL-LIABILITIES>                             405257
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      77911634
<SHARES-COMMON-STOCK>                         77911634
<SHARES-COMMON-PRIOR>                        119079598
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                  77911634
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2585620
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   47980
<NET-INVESTMENT-INCOME>                        2537640
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          2537640
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      2537640
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      593325776
<NUMBER-OF-SHARES-REDEEMED>                  635206000
<SHARES-REINVESTED>                             712260
<NET-CHANGE-IN-ASSETS>                        41167964
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            95805
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 138556
<AVERAGE-NET-ASSETS>                          96207316
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .026
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                              .026
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .10
<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