<PAGE>
PAGE 1
000 A000000 02/28/98
000 C000000 0000778206
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 CALIFORNIA INVESTMENT TRUST
001 B000000 811-4417
001 C000000 4153982727
002 A000000 44 MONTGOMERY STREET #2100
002 B000000 SAN FANCISCO
002 C000000 CA
002 D010000 94104
002 D020000 9635
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 CALIFORNIA TAX FREE INCOME FUND
007 C030100 N
007 C010200 2
007 C020200 CALIFORNIA TAX FREE MONEY MARKET FUND
007 C030200 N
007 C010300 3
007 C020300 CALIFORNIA TAX FREE INTERMEDIATE FUND
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 CCM PARTNERS
010 C01AA01 SAN FRANCISCO
010 C02AA01 CA
010 C03AA01 94104
011 A00AA01 RFS PARTNERS
011 B00AA01 8-018119
011 C01AA01 SAN FRANCISCO
011 C02AA01 CA
011 C03AA01 94104
012 A00AA01 FIRSTAR TRUST COMPANY
012 B00AA01 84-1111
012 C01AA01 MILWAUKEE
<PAGE> PAGE 2
012 C02AA01 WI
012 C03AA01 53202
013 A00AA01 TAIT WELLER AND BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19102
014 A00AA01 RFS PARTNERS
014 B00AA01 8-018119
015 A00AA01 FIRSTAR
015 B00AA01 C
015 C01AA01 MILWAUKEE
015 C02AA01 WI
015 C03AA01 53201
015 E03AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 9
019 C00AA00 CALIFINVST
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 PAINE WEBBER
022 B000001 132638166
022 C000001 143767
022 D000001 147067
022 A000002 LEHMAN BROS
022 B000002 132518466
022 C000002 50255
022 D000002 20750
022 A000003 NUVEEN, JOHN & CO
022 B000003 362639476
022 C000003 31950
022 D000003 34950
022 A000004 MORGAN STANLEY
022 B000004 132655998
022 C000004 23100
022 D000004 3500
022 A000005 MERRIL LYNCH
022 B000005 135674085
022 C000005 10802
022 D000005 8900
022 A000006 SMITH BARNEY
022 B000006 131912900
<PAGE> PAGE 3
022 C000006 7017
022 D000006 12046
022 A000007 OPPENHEIMER
022 B000007 132798343
022 C000007 5661
022 D000007 2051
022 A000008 BANK OF AMERICA
022 B000008 954035346
022 C000008 6952
022 D000008 0
022 A000009 PRUDENTIAL SECURITIES
022 B000009 222347336
022 C000009 3002
022 D000009 2202
022 C000010 0
022 D000010 0
023 C000000 332896
023 D000000 249350
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 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
<PAGE> PAGE 4
041 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
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.000
048 A01AA00 100000
048 A02AA00 0.500
048 B01AA00 400000
048 B02AA00 0.450
048 C01AA00 0
048 C02AA00 0.400
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 10000
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
<PAGE> PAGE 5
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 N
080 C00AA00 0
081 B00AA00 8
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
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 6
086 E020000 0
086 F010000 0
086 F020000 0
008 A000101 CCM PARTNERS
008 B000101 A
008 C000101 801-25205
008 D010101 SF
008 D020101 CA
008 D030101 94104
028 A010100 12658
028 A020100 542
028 A030100 0
028 A040100 13958
028 B010100 14185
028 B020100 649
028 B030100 0
028 B040100 13237
028 C010100 13278
028 C020100 611
028 C030100 0
028 C040100 12808
028 D010100 15601
028 D020100 3058
028 D030100 0
028 D040100 13534
028 E010100 16703
028 E020100 688
028 E030100 0
028 E040100 15001
028 F010100 16656
028 F020100 619
028 F030100 0
028 F040100 14809
028 G010100 89081
028 G020100 6167
028 G030100 0
028 G040100 83347
028 H000100 0
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 6.1
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
<PAGE> PAGE 7
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 93.9
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 13.1
064 A000100 Y
064 B000100 Y
065 000100 N
071 A000100 20000
071 B000100 12589
071 C000100 217090
071 D000100 6
072 A000100 6
072 B000100 5471
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 509
072 G000100 0
072 H000100 0
072 I000100 34
072 J000100 19
072 K000100 0
072 L000100 5
072 M000100 2
072 N000100 3
072 O000100 0
072 P000100 0
072 Q000100 39
072 R000100 39
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 1
072 X000100 651
072 Y000100 0
072 Z000100 4820
072AA000100 479
072BB000100 0
072CC010100 6326
072CC020100 0
072DD010100 4938
072DD020100 0
<PAGE> PAGE 8
072EE000100 3103
073 A010100 0.2496
073 A020100 0.0000
073 B000100 0.2306
073 C000100 0.0000
074 A000100 58
074 B000100 0
074 C000100 0
074 D000100 224987
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 7
074 K000100 0
074 L000100 3047
074 M000100 0
074 N000100 228092
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 765
074 R020100 0
074 R030100 0
074 R040100 103
074 S000100 0
074 T000100 227224
074 U010100 17391
074 U020100 0
074 V010100 13.07
074 V020100 0.00
074 W000100 0.0000
074 X000100 2345
074 Y000100 0
075 A000100 0
075 B000100 217090
076 000100 0.00
008 A000201 CCM PARTNERS
008 B000201 A
008 C000201 801-25205
008 D010201 SF
008 D020201 CA
008 D030201 94104
028 A010200 48429
028 A020200 228
028 A030200 0
028 A040200 22817
028 B010200 31203
028 B020200 253
028 B030200 0
<PAGE> PAGE 9
028 B040200 37198
028 C010200 11062
028 C020200 328
028 C030200 0
028 C040200 22796
028 D010200 29906
028 D020200 263
028 D030200 0
028 D040200 18021
028 E010200 26367
028 E020200 283
028 E030200 0
028 E040200 25023
028 F010200 15411
028 F020200 253
028 F030200 0
028 F040200 25285
028 G010200 162378
028 G020200 1608
028 G030200 0
028 G040200 151140
028 H000200 0
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
054 A000200 Y
054 B000200 Y
054 C000200 N
054 D000200 N
054 E000200 N
054 F000200 N
054 G000200 Y
054 H000200 Y
054 I000200 N
054 J000200 Y
054 K000200 N
054 L000200 N
054 M000200 Y
054 N000200 N
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 100.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
<PAGE> PAGE 10
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 51
063 B000200 0.0
064 A000200 Y
064 B000200 N
071 A000200 0
071 B000200 0
071 C000200 110097
071 D000200 0
072 A000200 6
072 B000200 1877
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 270
072 G000200 0
072 H000200 0
072 I000200 18
072 J000200 11
072 K000200 0
072 L000200 2
072 M000200 2
072 N000200 2
072 O000200 0
072 P000200 0
072 Q000200 12
072 R000200 5
072 S000200 0
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 2
072 X000200 324
072 Y000200 105
072 Z000200 1658
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 1658
072DD020200 0
072EE000200 0
<PAGE> PAGE 11
073 A010200 0.0151
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 4
074 B000200 0
074 C000200 101878
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 805
074 M000200 0
074 N000200 102687
074 O000200 0
074 P000200 26
074 Q000200 0
074 R010200 209
074 R020200 0
074 R030200 0
074 R040200 27
074 S000200 0
074 T000200 102425
074 U010200 102488
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 0.9993
074 X000200 0
074 Y000200 0
075 A000200 110097
075 B000200 0
076 000200 0.00
008 A000301 CCM PARTNERS
008 B000301 A
008 C000301 801-25205
008 D010301 SF
008 D020301 CA
008 D030301 94104
028 A010300 158
028 A020300 54
028 A030300 0
028 A040300 481
028 B010300 177
028 B020300 59
028 B030300 0
028 B040300 640
<PAGE> PAGE 12
028 C010300 97
028 C020300 56
028 C030300 0
028 C040300 223
028 D010300 210
028 D020300 130
028 D030300 0
028 D040300 1760
028 E010300 352
028 E020300 63
028 E030300 0
028 E040300 914
028 F010300 234
028 F020300 51
028 F030300 0
028 F040300 116
028 G010300 1228
028 G020300 413
028 G030300 0
028 G040300 4134
028 H000300 0
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
054 A000300 Y
054 B000300 Y
054 C000300 N
054 D000300 N
054 E000300 N
054 F000300 N
054 G000300 Y
054 H000300 Y
054 I000300 N
054 J000300 Y
054 K000300 N
054 L000300 N
054 M000300 Y
054 N000300 N
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.9
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
<PAGE> PAGE 13
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 99.1
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 6.5
064 A000300 Y
064 B000300 N
071 A000300 3034
071 B000300 5416
071 C000300 23199
071 D000300 13
072 A000300 6
072 B000300 538
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 57
072 G000300 0
072 H000300 0
072 I000300 5
072 J000300 3
072 K000300 0
072 L000300 1
072 M000300 2
072 N000300 2
072 O000300 0
072 P000300 0
072 Q000300 13
072 R000300 2
072 S000300 0
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 1
072 X000300 86
072 Y000300 23
072 Z000300 475
072AA000300 206
072BB000300 0
072CC010300 162
072CC020300 0
072DD010300 481
072DD020300 0
072EE000300 111
073 A010300 0.1927
<PAGE> PAGE 14
073 A020300 0.0000
073 B000300 0.0833
073 C000300 0.0000
074 A000300 40
074 B000300 0
074 C000300 0
074 D000300 21833
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 307
074 M000300 0
074 N000300 22180
074 O000300 0
074 P000300 5
074 Q000300 0
074 R010300 69
074 R020300 0
074 R030300 0
074 R040300 13
074 S000300 0
074 T000300 22093
074 U010300 2039
074 U020300 0
074 V010300 10.83
074 V020300 0.00
074 W000300 0.0000
074 X000300 284
074 Y000300 0
075 A000300 0
075 B000300 23199
076 000300 0.00
SIGNATURE STEVE ROGERS
TITLE FUND MANAGER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE FOLLOWING FDS HAS BEEN ROUNDED TO THE NEAREST THOUSAND
</LEGEND>
<CIK> 0000778206
<NAME> CALIFORNIA INVEST TRUST
<SERIES>
<NUMBER> 01
<NAME> CALIFORNIA TAX FREE INCOME FUND
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> FEB-28-1998
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 205,689
<INVESTMENTS-AT-VALUE> 224,987
<RECEIVABLES> 3,047
<ASSETS-OTHER> 58
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 228,092
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 868
<TOTAL-LIABILITIES> 868
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 207,416
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 56
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 453
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19,298
<NET-ASSETS> 227,224
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,471
<OTHER-INCOME> 0
<EXPENSES-NET> 651
<NET-INVESTMENT-INCOME> 4,820
<REALIZED-GAINS-CURRENT> 479
<APPREC-INCREASE-CURRENT> 6,326
<NET-CHANGE-FROM-OPS> 11,625
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,938
<DISTRIBUTIONS-OF-GAINS> 3,103
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,857
<NUMBER-OF-SHARES-REDEEMED> 6,406
<SHARES-REINVESTED> 436
<NET-CHANGE-IN-ASSETS> 887
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 217,090
<PER-SHARE-NAV-BEGIN> 12.86
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> 0.39
<PER-SHARE-DIVIDEND> 0.28
<PER-SHARE-DISTRIBUTIONS> 0.18
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.07
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE FOLLOWING FDS HAS BEEN ROUNDED TO THE NEAREST THOUSAND
</LEGEND>
<CIK> 0000778206
<NAME> CALIFORNIA INVEST TRUST
<SERIES>
<NUMBER> 02
<NAME> CALIFORNIA MONEY MARKET FUND
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> FEB-28-1998
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 101878
<INVESTMENTS-AT-VALUE> 101878
<RECEIVABLES> 805
<ASSETS-OTHER> 3
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 102687
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 262
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 102488
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (63)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 102425
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1877
<OTHER-INCOME> 0
<EXPENSES-NET> 218
<NET-INVESTMENT-INCOME> 1658
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1658
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1658
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 159308
<NUMBER-OF-SHARES-REDEEMED> 151082
<SHARES-REINVESTED> 1381
<NET-CHANGE-IN-ASSETS> 9607
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 110097
<PER-SHARE-NAV-BEGIN> 1
<PER-SHARE-NII> 0.016
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.016
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1
<EXPENSE-RATIO> 0.004
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE FOLLOWING FDS HAS BEEN ROUNDED TO THE NEAREST THOUSAND
</LEGEND>
<CIK> 0000778206
<NAME> CALIFORNIA INVEST TRUST
<SERIES>
<NUMBER> 03
<NAME> CALIFORNIA INSURED INTERMEDIATE FUND
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-01-1997
<PERIOD-END> FEB-28-1998
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 20,957
<INVESTMENTS-AT-VALUE> 21,833
<RECEIVABLES> 307
<ASSETS-OTHER> 40
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,180
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86
<TOTAL-LIABILITIES> 86
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,026
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 5
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 186
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 876
<NET-ASSETS> 22,093
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 538
<OTHER-INCOME> 0
<EXPENSES-NET> 63
<NET-INVESTMENT-INCOME> 475
<REALIZED-GAINS-CURRENT> 206
<APPREC-INCREASE-CURRENT> 161
<NET-CHANGE-FROM-OPS> 842
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 481
<DISTRIBUTIONS-OF-GAINS> 111
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 114
<NUMBER-OF-SHARES-REDEEMED> 383
<SHARES-REINVESTED> 33
<NET-CHANGE-IN-ASSETS> (236)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 23,199
<PER-SHARE-NAV-BEGIN> 10.72
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> 0.16
<PER-SHARE-DIVIDEND> (0.29)
<PER-SHARE-DISTRIBUTIONS> (0.29)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.83
<EXPENSE-RATIO> 0.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
