PASADENA INVESTMENT TRUST
NSAR-A/A, 1996-11-29
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<PAGE>      PAGE  1
000 A000000 06/30/96
000 C000000 0000784880
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 PASADENA INVESTMENT TRUST
001 B000000 811-4506
001 C000000 8183516451
002 A000000 600 NORTH ROSEMEAD BOULEVARD
002 B000000 PASADENA
002 C000000 CA
002 D010000 91107
002 D020000 2101
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 THE PASADENA GROWTH FUND
007 C030100 N
007 C010200  2
007 C020200 THE PASADENA BALANCED RETURN FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C020500 THE PASADENA NIFTY FIFTY FUND
007 C030500 N
007 C010600  6
007 C020600 THE PASADENA GLOBAL GROWTH FUND
007 C030600 N
007 C010700  7
007 C020700 THE PASADENA SMALL & MID-CAP GROWTH FUND
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
062 A00AA00 N
062 B00AA00   0.0
062 C00AA00   0.0
062 D00AA00   0.0
062 E00AA00   0.0
062 F00AA00   0.0
062 G00AA00   0.0
062 H00AA00   0.0
<PAGE>      PAGE  2
062 I00AA00   0.0
062 J00AA00   0.0
062 K00AA00   0.0
062 L00AA00   0.0
062 M00AA00   0.0
062 N00AA00   0.0
062 O00AA00   0.0
062 P00AA00   0.0
062 Q00AA00   0.0
062 R00AA00   0.0
077 A000000 Y
037  000100 N
038  000100      0
039  000100 N
040  000100 Y
041  000100 Y
042 A000100   0
042 B000100   0
042 C000100 100
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100    232
044  000100      0
071 A000100    159372
071 B000100    191708
071 C000100    481558
071 D000100   33
072 A000100  6
074 N000100   502815
074 T000100   497933
075 A000100        0
075 B000100   487866
037  000200 N
038  000200      0
039  000200 N
040  000200 Y
041  000200 Y
042 A000200   0
042 B000200   0
042 C000200 100
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200     22
044  000200      0
071 A000200     16289
<PAGE>      PAGE  3
071 B000200     19755
071 C000200     56586
071 D000200   29
072 A000200  6
074 N000200    58743
074 T000200    58013
075 A000200        0
075 B000200    58088
037  000500 N
038  000500      0
039  000500 Y
040  000500 Y
041  000500 Y
042 A000500   0
042 B000500   0
042 C000500 100
042 D000500   0
042 E000500   0
042 F000500   0
042 G000500   0
042 H000500   0
043  000500    178
044  000500      0
071 A000500     47462
071 B000500     47057
071 C000500    172735
071 D000500   27
072 A000500  6
074 N000500   189552
074 T000500   186914
075 A000500        0
075 B000500   177762
037  000600 N
038  000600      0
039  000600 N
040  000600 Y
041  000600 N
042 A000600   0
042 B000600   0
042 C000600   0
042 D000600   0
042 E000600   0
042 F000600   0
042 G000600   0
042 H000600   0
043  000600      0
044  000600      0
071 A000600      2945
071 B000600      1720
071 C000600      3674
071 D000600   47
<PAGE>      PAGE  4
072 A000600  6
074 N000600     4614
074 T000600     4535
075 A000600        0
075 B000600     3986
037  000700 N
038  000700      0
039  000700 N
040  000700 Y
041  000700 N
042 A000700   0
042 B000700   0
042 C000700   0
042 D000700   0
042 E000700   0
042 F000700   0
042 G000700   0
042 H000700   0
043  000700      0
044  000700      0
071 A000700       848
071 B000700      1644
071 C000700      1004
071 D000700   84
072 A000700  6
074 N000700     1029
074 T000700     1004
075 A000700        0
075 B000700     1100
SIGNATURE   TINA MITCHELL                                
TITLE       ASSISTANT COMPLIANCE
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 03
   <NAME> THE PASADENA GROWTH FUND CLASS C SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                           308412
<INVESTMENTS-AT-VALUE>                          496368
<RECEIVABLES>                                     4622
<ASSETS-OTHER>                                    1825
<OTHER-ITEMS-ASSETS>                          (308412)
<TOTAL-ASSETS>                                  502815
<PAYABLE-FOR-SECURITIES>                          3455
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1427
<TOTAL-LIABILITIES>                               4882
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        290370
<SHARES-COMMON-STOCK>                             1149
<SHARES-COMMON-PRIOR>                             1079
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          19607
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        187956
<NET-ASSETS>                                    497933
<DIVIDEND-INCOME>                                  104
<INTEREST-INCOME>                                    6
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     266
<NET-INVESTMENT-INCOME>                          (156)
<REALIZED-GAINS-CURRENT>                           933
<APPREC-INCREASE-CURRENT>                         2157
<NET-CHANGE-FROM-OPS>                             2934
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            196
<NUMBER-OF-SHARES-REDEEMED>                        126
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            4340
<ACCUMULATED-NII-PRIOR>                         (1833)
<ACCUMULATED-GAINS-PRIOR>                        35297
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              163
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    266
<AVERAGE-NET-ASSETS>                             22884
<PER-SHARE-NAV-BEGIN>                            18.99
<PER-SHARE-NII>                                  (.14)
<PER-SHARE-GAIN-APPREC>                           2.77
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.62
<EXPENSE-RATIO>                                    2.3
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 04
   <NAME> THE PASADENA BALANCED RETURN FUND CLASS A SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                            39782
<INVESTMENTS-AT-VALUE>                           57499
<RECEIVABLES>                                      518
<ASSETS-OTHER>                                     726
<OTHER-ITEMS-ASSETS>                           (39782)
<TOTAL-ASSETS>                                   58743
<PAYABLE-FOR-SECURITIES>                           469
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          261
<TOTAL-LIABILITIES>                                730
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         38745
<SHARES-COMMON-STOCK>                             1873
<SHARES-COMMON-PRIOR>                             2049
<ACCUMULATED-NII-CURRENT>                          275
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           1276
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         17717
<NET-ASSETS>                                     58013
<DIVIDEND-INCOME>                                  288
<INTEREST-INCOME>                                  509
<OTHER-INCOME>                                       7
<EXPENSES-NET>                                     544
<NET-INVESTMENT-INCOME>                            260
<REALIZED-GAINS-CURRENT>                          1202
<APPREC-INCREASE-CURRENT>                         2862
<NET-CHANGE-FROM-OPS>                             4324
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             34
<NUMBER-OF-SHARES-REDEEMED>                        210
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           (349)
<ACCUMULATED-NII-PRIOR>                            621
<ACCUMULATED-GAINS-PRIOR>                         3083
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              475
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    544
<AVERAGE-NET-ASSETS>                             52139
<PER-SHARE-NAV-BEGIN>                            25.39
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                           2.08
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              27.60
<EXPENSE-RATIO>                                    2.1
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 05
   <NAME> THE PASADENA BALANCED RETURN FUND CLASS B SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                            37982
<INVESTMENTS-AT-VALUE>                           57499
<RECEIVABLES>                                      518
<ASSETS-OTHER>                                     726
<OTHER-ITEMS-ASSETS>                           (39782)
<TOTAL-ASSETS>                                   58743
<PAYABLE-FOR-SECURITIES>                           469
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          261
<TOTAL-LIABILITIES>                                730
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         38745
<SHARES-COMMON-STOCK>                              114
<SHARES-COMMON-PRIOR>                              108
<ACCUMULATED-NII-CURRENT>                          275
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           1276
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         17717
<NET-ASSETS>                                     58013
<DIVIDEND-INCOME>                                   16
<INTEREST-INCOME>                                   29
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                      42
<NET-INVESTMENT-INCOME>                              3
<REALIZED-GAINS-CURRENT>                            70
<APPREC-INCREASE-CURRENT>                          159
<NET-CHANGE-FROM-OPS>                              232
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             13
<NUMBER-OF-SHARES-REDEEMED>                          7
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                             396
<ACCUMULATED-NII-PRIOR>                            621
<ACCUMULATED-GAINS-PRIOR>                         3083
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               29
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     42
<AVERAGE-NET-ASSETS>                              2933
<PER-SHARE-NAV-BEGIN>                            25.26
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           2.05
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              27.34
<EXPENSE-RATIO>                                    2.8
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 06
   <NAME> THE PASADENA BALANCED RETURN FUND CLASS C SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                            39782
<INVESTMENTS-AT-VALUE>                           57499
<RECEIVABLES>                                      518
<ASSETS-OTHER>                                     726
<OTHER-ITEMS-ASSETS>                           (39782)
<TOTAL-ASSETS>                                   58743
<PAYABLE-FOR-SECURITIES>                           469
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          261
<TOTAL-LIABILITIES>                                730
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         38745
<SHARES-COMMON-STOCK>                              118
<SHARES-COMMON-PRIOR>                              111
<ACCUMULATED-NII-CURRENT>                          275
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           1276
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         17717
<NET-ASSETS>                                     58013
<DIVIDEND-INCOME>                                   17
<INTEREST-INCOME>                                   29
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                      42
<NET-INVESTMENT-INCOME>                              4
<REALIZED-GAINS-CURRENT>                            72
<APPREC-INCREASE-CURRENT>                          161
<NET-CHANGE-FROM-OPS>                              237
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             34
<NUMBER-OF-SHARES-REDEEMED>                         27
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                             408
<ACCUMULATED-NII-PRIOR>                            621
<ACCUMULATED-GAINS-PRIOR>                         3083
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               29
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     42
<AVERAGE-NET-ASSETS>                              3016
<PER-SHARE-NAV-BEGIN>                            25.28
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           2.05
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              27.36
<EXPENSE-RATIO>                                    2.8
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 07
   <NAME> THE PASADENA NIFTY FIFTY FUND CLASS A SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                           119900
<INVESTMENTS-AT-VALUE>                          181695
<RECEIVABLES>                                      551
<ASSETS-OTHER>                                    7306
<OTHER-ITEMS-ASSETS>                          (119900)
<TOTAL-ASSETS>                                  189552
<PAYABLE-FOR-SECURITIES>                          2010
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          628
<TOTAL-LIABILITIES>                               2638
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        116440
<SHARES-COMMON-STOCK>                             5346
<SHARES-COMMON-PRIOR>                             5515
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           8679
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         61795
<NET-ASSETS>                                    186914
<DIVIDEND-INCOME>                                  748
<INTEREST-INCOME>                                   78
<OTHER-INCOME>                                       7
<EXPENSES-NET>                                    1152
<NET-INVESTMENT-INCOME>                          (319)
<REALIZED-GAINS-CURRENT>                          6165
<APPREC-INCREASE-CURRENT>                         9696
<NET-CHANGE-FROM-OPS>                            15542
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            383
<NUMBER-OF-SHARES-REDEEMED>                        552
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           11533
<ACCUMULATED-NII-PRIOR>                          (613)
<ACCUMULATED-GAINS-PRIOR>                          (1)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              972
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1152
<AVERAGE-NET-ASSETS>                            129741
<PER-SHARE-NAV-BEGIN>                            22.18
<PER-SHARE-NII>                                  (.06)
<PER-SHARE-GAIN-APPREC>                           2.92
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              25.04
<EXPENSE-RATIO>                                    1.8
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 08
   <NAME> THE PASADENA NIFTY FIFTY FUND CLASS B SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                           119900
<INVESTMENTS-AT-VALUE>                          181695
<RECEIVABLES>                                      551
<ASSETS-OTHER>                                    7306
<OTHER-ITEMS-ASSETS>                          (119900)
<TOTAL-ASSETS>                                  189552
<PAYABLE-FOR-SECURITIES>                          2010
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          628
<TOTAL-LIABILITIES>                               2638
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        116440
<SHARES-COMMON-STOCK>                             1428
<SHARES-COMMON-PRIOR>                             1257
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           8679
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         61795
<NET-ASSETS>                                    186914
<DIVIDEND-INCOME>                                  182
<INTEREST-INCOME>                                   19
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     395
<NET-INVESTMENT-INCOME>                          (194)
<REALIZED-GAINS-CURRENT>                          1633
<APPREC-INCREASE-CURRENT>                         2185
<NET-CHANGE-FROM-OPS>                             3624
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            285
<NUMBER-OF-SHARES-REDEEMED>                        114
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            7642
<ACCUMULATED-NII-PRIOR>                          (613)
<ACCUMULATED-GAINS-PRIOR>                          (1)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              255
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    395
<AVERAGE-NET-ASSETS>                             31500
<PER-SHARE-NAV-BEGIN>                            21.85
<PER-SHARE-NII>                                  (.14)
<PER-SHARE-GAIN-APPREC>                           2.86
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.57
<EXPENSE-RATIO>                                    2.5
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESMENT TRUST
<SERIES>
   <NUMBER> 9
   <NAME> THE PASADENA NIFTY FIFTY FUND CLASS C SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
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<PAYABLE-FOR-SECURITIES>                          2010
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         61795
<NET-ASSETS>                                    186914
<DIVIDEND-INCOME>                                   95
<INTEREST-INCOME>                                    9
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     208
<NET-INVESTMENT-INCOME>                          (104)
<REALIZED-GAINS-CURRENT>                           881
<APPREC-INCREASE-CURRENT>                         1107
<NET-CHANGE-FROM-OPS>                             1884
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                            167
<NUMBER-OF-SHARES-REDEEMED>                        127
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            2850
<ACCUMULATED-NII-PRIOR>                          (613)
<ACCUMULATED-GAINS-PRIOR>                          (1)
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                              130
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<AVERAGE-NET-ASSETS>                             16521
<PER-SHARE-NAV-BEGIN>                            21.85
<PER-SHARE-NII>                                  (.15)
<PER-SHARE-GAIN-APPREC>                           2.87
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.57
<EXPENSE-RATIO>                                    2.5
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 10
   <NAME> THE PASADENA GLOBAL GROWTH FUND
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                             3865
<INVESTMENTS-AT-VALUE>                            4332
<RECEIVABLES>                                       95
<ASSETS-OTHER>                                     187
<OTHER-ITEMS-ASSETS>                            (3865)
<TOTAL-ASSETS>                                    4614
<PAYABLE-FOR-SECURITIES>                            79
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                 79
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          3926
<SHARES-COMMON-STOCK>                              242
<SHARES-COMMON-PRIOR>                              186
<ACCUMULATED-NII-CURRENT>                           23
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            119
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           467
<NET-ASSETS>                                      4535
<DIVIDEND-INCOME>                                   22
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       0
<NET-INVESTMENT-INCOME>                             22
<REALIZED-GAINS-CURRENT>                           123
<APPREC-INCREASE-CURRENT>                          137
<NET-CHANGE-FROM-OPS>                              282
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             56
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            1331
<ACCUMULATED-NII-PRIOR>                              0
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<AVERAGE-NET-ASSETS>                              3986
<PER-SHARE-NAV-BEGIN>                            17.27
<PER-SHARE-NII>                                    .10
<PER-SHARE-GAIN-APPREC>                           1.34
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<PER-SHARE-NAV-END>                              18.71
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 11
   <NAME> THE PASADENA SMALL & MID CAP GROWTH FUND
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                              770
<INVESTMENTS-AT-VALUE>                             984
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                      46
<OTHER-ITEMS-ASSETS>                             (770)
<TOTAL-ASSETS>                                    1030
<PAYABLE-FOR-SECURITIES>                            25
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                 25
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                           689
<SHARES-COMMON-STOCK>                               53
<SHARES-COMMON-PRIOR>                              117
<ACCUMULATED-NII-CURRENT>                            5
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             98
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           213
<NET-ASSETS>                                      1005
<DIVIDEND-INCOME>                                    1
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<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                             11
<NUMBER-OF-SHARES-REDEEMED>                         75
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<NET-CHANGE-IN-ASSETS>                             738
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<AVERAGE-NET-ASSETS>                              1100
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<PER-SHARE-NII>                                    .06
<PER-SHARE-GAIN-APPREC>                           3.86
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<PER-SHARE-NAV-END>                              18.82
<EXPENSE-RATIO>                                      0
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 01
   <NAME> THE PASADENA GROWTH FUND - CLASS A SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                           308412
<INVESTMENTS-AT-VALUE>                          496368
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<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                            19495
<SHARES-COMMON-PRIOR>                            21544
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        187956
<NET-ASSETS>                                    497933
<DIVIDEND-INCOME>                                 1934
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<EXPENSES-NET>                                    3374
<NET-INVESTMENT-INCOME>                         (1192)
<REALIZED-GAINS-CURRENT>                         16732
<APPREC-INCREASE-CURRENT>                        40868
<NET-CHANGE-FROM-OPS>                            56408
<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                            514
<NUMBER-OF-SHARES-REDEEMED>                       2563
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           14174
<ACCUMULATED-NII-PRIOR>                         (1833)
<ACCUMULATED-GAINS-PRIOR>                        35297
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             2819
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   3374
<AVERAGE-NET-ASSETS>                            425335
<PER-SHARE-NAV-BEGIN>                            19.28
<PER-SHARE-NII>                                  (.06)
<PER-SHARE-GAIN-APPREC>                           2.82
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              22.04
<EXPENSE-RATIO>                                    1.6
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000784880
<NAME> PASADENA INVESTMENT TRUST
<SERIES>
   <NUMBER> 02
   <NAME> THE PASADENA GROWTH FUND CLASS B SHARES
<MULTIPLIER> 1000
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                              JAN-1-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                   1000
<INVESTMENTS-AT-COST>                           308412
<INVESTMENTS-AT-VALUE>                          496368
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<OTHER-ITEMS-ASSETS>                          (308412)
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<OTHER-ITEMS-LIABILITIES>                         1427
<TOTAL-LIABILITIES>                               4882
<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                             2012
<SHARES-COMMON-PRIOR>                             1832
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<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                    497933
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<NET-INVESTMENT-INCOME>                          (268)
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<APPREC-INCREASE-CURRENT>                         3744
<NET-CHANGE-FROM-OPS>                             5106
<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-SOLD>                            332
<NUMBER-OF-SHARES-REDEEMED>                        152
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            8720
<ACCUMULATED-NII-PRIOR>                         (1833)
<ACCUMULATED-GAINS-PRIOR>                        35297
<OVERDISTRIB-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    461
<AVERAGE-NET-ASSETS>                             36647
<PER-SHARE-NAV-BEGIN>                            18.99
<PER-SHARE-NII>                                  (.14)
<PER-SHARE-GAIN-APPREC>                           2.77
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.62
<EXPENSE-RATIO>                                    2.3
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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