<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 795892
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 SAFECO RESOURCE SERIES TRUST
001 B000000 811-4717
001 C000000 2065455934
002 A000000 SAFECO PLAZA S-1
002 B000000 SEATTLE
002 C000000 WA
002 D010000 98185
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 6
007 C010100 1
007 C020100 SAFECO RESOURCE SERIES TRUST-EQUITY PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 SAFECO RESOURCE SERIES TRUST-BOND PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 SAFECO RESOURCE SERIES TRUST-MONEY MKT PORT
007 C030300 N
007 C010400 4
007 C020400 SAFECO RESOURCE SERIES TRUST-GROWTH PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 SAFECO RESOURCE SERIES TRUST-NORTHWEST PORT
007 C030500 N
007 C010600 6
007 C020600 SAFECO RESOURCE SERIES TRUST-SMALL CO PORT
007 C030600 N
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 SAFECO ASSET MANAGEMENT COMPANY
008 B00AA01 A
008 C00AA01 801-8254
008 D01AA01 SEATTLE
008 D02AA01 WA
008 D03AA01 98185
011 A00AA01 PNMR SECURITIES
<PAGE> PAGE 2
011 B00AA01 8-37112
011 C01AA01 SEATTLE
011 C02AA01 WA
011 C03AA01 98185
012 A00AA01 SAFECO SERVICES CORP.
012 B00AA01 84-00138
012 C01AA01 SEATTLE
012 C02AA01 WA
012 C03AA01 98185
013 A00AA01 ERNST & YOUNG,LLP
013 B01AA01 SEATTLE
013 B02AA01 WA
013 B03AA01 98104
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02105
015 C04AA01 1713
015 E01AA01 X
015 A00AA02 BANK OF NEW YORK
015 B00AA02 S
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 10015
015 E01AA02 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 25
019 C00AA00 SAFECOFUND
020 A000001 INSTINET, INC.
020 B000001 13-3443395
020 C000001 50
020 A000002 PAINE WEBBER, INC.
020 B000002 13-2638166
020 C000002 14
020 A000003 DONALDSON, LUFKIN & JENRETTE SEC. CORP,NYC
020 B000003 13-2741729
020 C000003 13
020 A000004 LEHMAN BROTHERS, INC.
020 B000004 13-2518466
020 C000004 13
020 A000005 CREDIT SUISSE FIRST BOSTON
020 B000005 13-5659485
020 C000005 12
020 A000006 RAGEN MACKENZIE INCORPORATED
020 B000006 91-1374280
020 C000006 10
020 A000007 WHEAT, FIRST SECURITIES, INC.
020 B000007 54-0795606
020 C000007 9
<PAGE> PAGE 3
020 A000008 SANFORD C.BERNSTEIN & CO., INC.
020 B000008 13-2625874
020 C000008 8
020 A000009 J.P. MORGAN SECURITIES, INC.
020 B000009 13-3224016
020 C000009 8
020 A000010 JANNEY MONTGOMERY SCOTT, INC.
020 B000010 23-0731260
020 C000010 8
021 000000 300
022 A000001 PRIME INVESTMENT CO.
022 B000001 74-1093914
022 C000001 78455
022 D000001 90430
022 A000002 SSGA MONEY MARKET PORTFOLIO
022 B000002 91-1627438
022 C000002 53379
022 D000002 40288
022 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000003 13-5674085
022 C000003 63686
022 D000003 2368
022 A000004 CREDIT SUISSE FIRST BOSTON
022 B000004 13-5659485
022 C000004 12033
022 D000004 7448
022 A000005 SMITH BARNEY, HARRIS UPHAM & CO., INC.
022 B000005 13-1912900
022 C000005 11391
022 D000005 2877
022 A000006 SSGA U.S. TREASURY MONEY MARKET PORTFOLIO
022 B000006 91-1618599
022 C000006 7330
022 D000006 6763
022 A000007 BA SECURITIES, INC.
022 B000007 95-4035346
022 C000007 13001
022 D000007 0
022 A000008 LEHMAN BROTHERS, INC.
022 B000008 13-2518466
022 C000008 10678
022 D000008 0
022 A000009 HERZOG, HEINE, GEDULD, INC.
022 B000009 13-1955436
022 C000009 3124
022 D000009 4754
022 A000010 MONTGOMERY SECURITIES, INC.
022 B000010 94-1701676
022 C000010 3990
022 D000010 2944
023 C000000 348957
<PAGE> PAGE 4
023 D000000 194054
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
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
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
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 Y
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
<PAGE> PAGE 5
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 Y
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 30
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 Y
070 J02AA00 Y
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 Y
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
<PAGE> PAGE 6
077 A000000 Y
077 Q010000 Y
078 000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
024 000100 N
025 D000101 0
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 9543
028 A020100 0
028 A030100 0
028 A040100 3652
028 B010100 9306
028 B020100 0
028 B030100 0
028 B040100 11992
028 C010100 10170
028 C020100 0
028 C030100 0
028 C040100 4499
028 D010100 9490
028 D020100 0
028 D030100 0
028 D040100 5602
028 E010100 9790
028 E020100 0
028 E030100 0
028 E040100 3074
028 F010100 10010
028 F020100 0
028 F030100 0
028 F040100 4596
028 G010100 58309
028 G020100 0
028 G030100 0
<PAGE> PAGE 7
028 G040100 33415
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.740
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
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 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 N
<PAGE> PAGE 8
066 D000100 N
066 E000100 Y
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
071 A000100 87297
071 B000100 64564
071 C000100 286903
071 D000100 45
072 A000100 6
072 B000100 152
072 C000100 2753
072 D000100 0
072 E000100 0
072 F000100 1064
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 7
072 K000100 0
072 L000100 0
072 M000100 3
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 9
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 2
072 X000100 1085
072 Y000100 0
072 Z000100 1820
072AA000100 16837
072BB000100 0
072CC010100 28098
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
<PAGE> PAGE 9
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 324411
074 G000100 0
074 H000100 0
074 I000100 9818
074 J000100 0
074 K000100 0
074 L000100 889
074 M000100 0
074 N000100 335118
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 402
074 S000100 0
074 T000100 334716
074 U010100 13155
074 U020100 0
074 V010100 25.44
074 V020100 0.00
074 W000100 0.0000
074 X000100 5
074 Y000100 0
075 A000100 0
075 B000100 294351
076 000100 0.00
080 A000100 UNITED PACIFIC INSURANCE COMPANY
080 C000100 3000
081 A000100 Y
081 B000100 5
082 A000100 N
082 B000100 0
083 A000100 N
083 B000100 0
084 A000100 N
084 B000100 0
085 A000100 Y
085 B000100 N
024 000200 N
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
<PAGE> PAGE 10
025 D000208 0
028 A010200 344
028 A020200 0
028 A030200 0
028 A040200 284
028 B010200 361
028 B020200 0
028 B030200 0
028 B040200 288
028 C010200 316
028 C020200 0
028 C030200 0
028 C040200 458
028 D010200 447
028 D020200 0
028 D030200 0
028 D040200 398
028 E010200 323
028 E020200 0
028 E030200 0
028 E040200 436
028 F010200 373
028 F020200 0
028 F030200 0
028 F040200 352
028 G010200 2164
028 G020200 0
028 G030200 0
028 G040200 2216
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.740
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
<PAGE> PAGE 11
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 1.4
062 M000200 50.0
062 N000200 9.0
062 O000200 0.0
062 P000200 22.4
062 Q000200 15.4
062 R000200 0.0
063 A000200 0
063 B000200 6.6
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
071 A000200 14060
071 B000200 13294
071 C000200 15599
071 D000200 176
072 A000200 6
072 B000200 514
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 58
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 2
072 K000200 0
072 L000200 0
072 M000200 2
072 N000200 0
072 O000200 0
<PAGE> PAGE 12
072 P000200 0
072 Q000200 0
072 R000200 8
072 S000200 0
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 1
072 X000200 71
072 Y000200 13
072 Z000200 456
072AA000200 0
072BB000200 269
072CC010200 115
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 0
074 D000200 15698
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 233
074 J000200 0
074 K000200 0
074 L000200 324
074 M000200 0
074 N000200 16255
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 13
074 S000200 0
074 T000200 16242
074 U010200 1482
074 U020200 0
074 V010200 10.96
074 V020200 0.00
074 W000200 0.0000
074 X000200 2
<PAGE> PAGE 13
074 Y000200 0
075 A000200 0
075 B000200 16030
076 000200 0.00
080 A000200 UNITED PACIFIC INSURANCE COMPANY
080 C000200 3000
081 A000200 Y
081 B000200 5
082 A000200 N
082 B000200 0
083 A000200 N
083 B000200 0
084 A000200 N
084 B000200 0
085 A000200 Y
085 B000200 N
024 000300 Y
025 A000301 MERRILL LYNCH & CO., INC.
025 B000301 13-5674085
025 C000301 D
025 D000301 698
025 A000302 SMITH BARNEY, INC. CP
025 B000302 13-1912900
025 C000302 D
025 D000302 797
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 6163
028 A020300 57
028 A030300 0
028 A040300 5077
028 B010300 5783
028 B020300 51
028 B030300 0
028 B040300 4173
028 C010300 8188
028 C020300 64
028 C030300 0
028 C040300 6237
028 D010300 10671
028 D020300 74
028 D030300 0
028 D040300 10949
028 E010300 5417
028 E020300 66
028 E030300 0
028 E040300 6001
<PAGE> PAGE 14
028 F010300 6490
028 F020300 71
028 F030300 0
028 F040300 6583
028 G010300 42712
028 G020300 383
028 G030300 0
028 G040300 39020
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.650
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
062 A000300 Y
062 B000300 0.0
062 C000300 3.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 86.5
062 J000300 0.0
062 K000300 0.0
062 L000300 7.9
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
<PAGE> PAGE 15
062 Q000300 0.0
062 R000300 0.0
063 A000300 49
063 B000300 0.0
064 A000300 Y
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 6
072 B000300 432
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 49
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 3
072 K000300 0
072 L000300 0
072 M000300 2
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 8
072 S000300 0
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 1
072 X000300 63
072 Y000300 14
072 Z000300 383
072AA000300 0
072BB000300 0
072CC010300 0
072CC020300 0
072DD010300 383
072DD020300 0
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
<PAGE> PAGE 16
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 16142
074 J000300 0
074 K000300 0
074 L000300 664
074 M000300 0
074 N000300 16806
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 238
074 S000300 0
074 T000300 16568
074 U010300 16568
074 U020300 0
074 V010300 1.00
074 V020300 0.00
074 W000300 0.9999
074 X000300 1
074 Y000300 0
075 A000300 15772
075 B000300 0
076 000300 0.00
080 A000300 UNITED PACIFIC INSURANCE COMPANY
080 C000300 3000
081 A000300 Y
081 B000300 5
082 A000300 N
082 B000300 0
083 A000300 N
083 B000300 0
084 A000300 N
084 B000300 0
085 A000300 Y
085 B000300 N
024 000400 N
025 D000401 0
025 D000402 0
025 D000403 0
025 D000404 0
<PAGE> PAGE 17
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 9011
028 A020400 0
028 A030400 0
028 A040400 2391
028 B010400 7042
028 B020400 0
028 B030400 0
028 B040400 2134
028 C010400 8323
028 C020400 0
028 C030400 0
028 C040400 3146
028 D010400 7417
028 D020400 0
028 D030400 0
028 D040400 3938
028 E010400 6601
028 E020400 0
028 E030400 0
028 E040400 2963
028 F010400 7292
028 F020400 0
028 F030400 0
028 F040400 2024
028 G010400 45686
028 G020400 0
028 G030400 0
028 G040400 16596
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.740
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
<PAGE> PAGE 18
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
063 A000400 0
063 B000400 0.0
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 Y
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
071 A000400 99335
071 B000400 68501
071 C000400 127573
071 D000400 107
072 A000400 6
072 B000400 61
072 C000400 293
072 D000400 0
072 E000400 0
072 F000400 469
072 G000400 0
072 H000400 0
<PAGE> PAGE 19
072 I000400 0
072 J000400 12
072 K000400 0
072 L000400 0
072 M000400 2
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 8
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 1
072 X000400 492
072 Y000400 0
072 Z000400 -138
072AA000400 14207
072BB000400 0
072CC010400 7699
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 158704
074 G000400 0
074 H000400 0
074 I000400 1704
074 J000400 0
074 K000400 0
074 L000400 1224
074 M000400 0
074 N000400 161632
074 O000400 1046
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 237
074 S000400 0
<PAGE> PAGE 20
074 T000400 160349
074 U010400 7135
074 U020400 0
074 V010400 22.47
074 V020400 0.00
074 W000400 0.0000
074 X000400 4
074 Y000400 0
075 A000400 0
075 B000400 129457
076 000400 0.00
080 A000400 UNITED PACIFIC INSURANCE COMPANY
080 C000400 3000
081 A000400 Y
081 B000400 5
082 A000400 N
082 B000400 0
083 A000400 N
083 B000400 0
084 A000400 N
084 B000400 0
085 A000400 Y
085 B000400 N
024 000500 N
025 D000501 0
025 D000502 0
025 D000503 0
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
028 A010500 355
028 A020500 0
028 A030500 0
028 A040500 136
028 B010500 360
028 B020500 0
028 B030500 0
028 B040500 121
028 C010500 499
028 C020500 0
028 C030500 0
028 C040500 162
028 D010500 763
028 D020500 0
028 D030500 0
028 D040500 197
028 E010500 584
028 E020500 0
028 E030500 0
<PAGE> PAGE 21
028 E040500 134
028 F010500 665
028 F020500 0
028 F030500 0
028 F040500 286
028 G010500 3226
028 G020500 0
028 G030500 0
028 G040500 1036
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.740
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
<PAGE> PAGE 22
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 Y
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
071 A000500 4869
071 B000500 1861
071 C000500 10535
071 D000500 35
072 A000500 6
072 B000500 23
072 C000500 63
072 D000500 0
072 E000500 0
072 F000500 40
072 G000500 0
072 H000500 0
072 I000500 0
072 J000500 4
072 K000500 0
072 L000500 0
072 M000500 1
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 8
072 S000500 0
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 1
072 X000500 54
072 Y000500 14
072 Z000500 46
072AA000500 62
072BB000500 0
072CC010500 1886
072CC020500 0
072DD010500 0
<PAGE> PAGE 23
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 13541
074 G000500 0
074 H000500 0
074 I000500 243
074 J000500 0
074 K000500 0
074 L000500 56
074 M000500 0
074 N000500 13840
074 O000500 0
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 115
074 S000500 0
074 T000500 13725
074 U010500 956
074 U020500 0
074 V010500 14.36
074 V020500 0.00
074 W000500 0.0000
074 X000500 2
074 Y000500 0
075 A000500 0
075 B000500 11262
076 000500 0.00
080 A000500 UNITED PACIFIC INSURANCE COMPANY
080 C000500 3000
081 A000500 Y
081 B000500 5
082 A000500 N
082 B000500 0
083 A000500 N
083 B000500 0
084 A000500 N
084 B000500 0
085 A000500 Y
085 B000500 N
<PAGE> PAGE 24
024 000600 N
025 D000601 0
025 D000602 0
025 D000603 0
025 D000604 0
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
028 A010600 0
028 A020600 0
028 A030600 0
028 A040600 0
028 B010600 0
028 B020600 0
028 B030600 0
028 B040600 0
028 C010600 0
028 C020600 0
028 C030600 0
028 C040600 0
028 D010600 5000
028 D020600 0
028 D030600 0
028 D040600 0
028 E010600 105
028 E020600 0
028 E030600 0
028 E040600 0
028 F010600 70
028 F020600 0
028 F030600 0
028 F040600 0
028 G010600 5175
028 G020600 0
028 G030600 0
028 G040600 0
028 H000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.850
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
<PAGE> PAGE 25
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 0.0
066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 Y
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
071 A000600 4914
071 B000600 82
071 C000600 5219
071 D000600 14
072 A000600 6
072 B000600 9
072 C000600 5
<PAGE> PAGE 26
072 D000600 0
072 E000600 0
072 F000600 7
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 1
072 K000600 0
072 L000600 0
072 M000600 1
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 2
072 S000600 0
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 1
072 X000600 12
072 Y000600 4
072 Z000600 6
072AA000600 4
072BB000600 0
072CC010600 615
072CC020600 0
072DD010600 0
072DD020600 0
072EE000600 0
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 0
074 B000600 0
074 C000600 0
074 D000600 0
074 E000600 0
074 F000600 5451
074 G000600 0
074 H000600 0
074 I000600 350
074 J000600 0
074 K000600 0
074 L000600 8
074 M000600 0
074 N000600 5809
074 O000600 5
074 P000600 0
074 Q000600 0
<PAGE> PAGE 27
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 5
074 S000600 0
074 T000600 5799
074 U010600 516
074 U020600 0
074 V010600 11.23
074 V020600 0.00
074 W000600 0.0000
074 X000600 1
074 Y000600 0
075 A000600 0
075 B000600 5412
076 000600 0.00
080 A000600 UNITED PACIFIC INSURANCE COMPANY
080 C000600 3000
081 A000600 Y
081 B000600 5
082 A000600 N
082 B000600 0
083 A000600 N
083 B000600 0
084 A000600 N
084 B000600 0
085 A000600 Y
085 B000600 N
SIGNATURE DAVID F. HILL
TITLE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 795892
<NAME> SAFECO RESOURCE SERIES TRUST
<SERIES>
<NUMBER> 5
<NAME> SAFECO RST NORTHWEST PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> SEMI-ANNUAL
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUNE-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 10,590
<INVESTMENTS-AT-VALUE> 13,784
<RECEIVABLES> 56
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13,840
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 115
<TOTAL-LIABILITIES> 115
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10,561
<SHARES-COMMON-STOCK> 956
<SHARES-COMMON-PRIOR> 787
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (76)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,194
<NET-ASSETS> 13,725
<DIVIDEND-INCOME> 63
<INTEREST-INCOME> 23
<OTHER-INCOME> 0
<EXPENSES-NET> 40
<NET-INVESTMENT-INCOME> 46
<REALIZED-GAINS-CURRENT> (76)
<APPREC-INCREASE-CURRENT> 1,886
<NET-CHANGE-FROM-OPS> 1,994
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 248
<NUMBER-OF-SHARES-REDEEMED> (79)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4,184
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 54
<AVERAGE-NET-ASSETS> 11,262
<PER-SHARE-NAV-BEGIN> 12.12
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 2.19
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.36
<EXPENSE-RATIO> 0.71
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 795892
<NAME> SAFECO RESOURCE SERIES TRUST
<SERIES>
<NUMBER> 1
<NAME> SAFECO RST EQUITY PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> SEMI-ANNUAL
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUNE-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 258,004
<INVESTMENTS-AT-VALUE> 334,229
<RECEIVABLES> 889
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 335,118
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 402
<TOTAL-LIABILITIES> 402
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 239,834
<SHARES-COMMON-STOCK> 13,155
<SHARES-COMMON-PRIOR> 12,096
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 76,225
<NET-ASSETS> 334,716
<DIVIDEND-INCOME> 2,753
<INTEREST-INCOME> 152
<OTHER-INCOME> 0
<EXPENSES-NET> 1,085
<NET-INVESTMENT-INCOME> 1,820
<REALIZED-GAINS-CURRENT> 16,837
<APPREC-INCREASE-CURRENT> 28,098
<NET-CHANGE-FROM-OPS> 46,755
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,499
<NUMBER-OF-SHARES-REDEEMED> (1,440)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 86,666
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,064
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,085
<AVERAGE-NET-ASSETS> 294,351
<PER-SHARE-NAV-BEGIN> 21.75
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> 3.55
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.44
<EXPENSE-RATIO> 0.74
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 795892
<NAME> SAFECO RESOURCE SERIES TRUST
<SERIES>
<NUMBER> 4
<NAME> SAFECO RST GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> SEMI-ANNUAL
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUNE-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 135,669
<INVESTMENTS-AT-VALUE> 160,408
<RECEIVABLES> 1,224
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 161,632
<PAYABLE-FOR-SECURITIES> 1,046
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 237
<TOTAL-LIABILITIES> 1,283
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 121,540
<SHARES-COMMON-STOCK> 7,135
<SHARES-COMMON-PRIOR> 5,684
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 24,740
<NET-ASSETS> 160,349
<DIVIDEND-INCOME> 293
<INTEREST-INCOME> 61
<OTHER-INCOME> 0
<EXPENSES-NET> 492
<NET-INVESTMENT-INCOME> (138)
<REALIZED-GAINS-CURRENT> 14,207
<APPREC-INCREASE-CURRENT> 7,699
<NET-CHANGE-FROM-OPS> 21,768
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,294
<NUMBER-OF-SHARES-REDEEMED> (843)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 50,858
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 469
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 492
<AVERAGE-NET-ASSETS> 129,457
<PER-SHARE-NAV-BEGIN> 19.26
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 3.23
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.47
<EXPENSE-RATIO> 0.77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 795892
<NAME> SAFECO RESOURCE SERIES TRUST
<SERIES>
<NUMBER> 6
<NAME> SAFECO RST SMALL COMPANY PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> SEMI-ANNUAL
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> APRIL 30-1997
<PERIOD-END> JUNE-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 5,186
<INVESTMENTS-AT-VALUE> 5,801
<RECEIVABLES> 8
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,809
<PAYABLE-FOR-SECURITIES> 5
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5
<TOTAL-LIABILITIES> 10
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,174
<SHARES-COMMON-STOCK> 516
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 5,799
<DIVIDEND-INCOME> 5
<INTEREST-INCOME> 9
<OTHER-INCOME> 0
<EXPENSES-NET> 8
<NET-INVESTMENT-INCOME> 6
<REALIZED-GAINS-CURRENT> 4
<APPREC-INCREASE-CURRENT> 615
<NET-CHANGE-FROM-OPS> 625
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 517
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5,799
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12
<AVERAGE-NET-ASSETS> 5,412
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 1.22
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.23
<EXPENSE-RATIO> 0.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 795892
<NAME> SAFECO RESOURCE SERIES TRUST
<SERIES>
<NUMBER> 2
<NAME> SAFECO RST BOND PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> SEMI-ANNUAL
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUNE-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 15,830
<INVESTMENTS-AT-VALUE> 15,931
<RECEIVABLES> 324
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16,255
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13
<TOTAL-LIABILITIES> 13
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16,374
<SHARES-COMMON-STOCK> 1,482
<SHARES-COMMON-PRIOR> 1,487
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (689)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 101
<NET-ASSETS> 16,242
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 514
<OTHER-INCOME> 0
<EXPENSES-NET> 58
<NET-INVESTMENT-INCOME> 456
<REALIZED-GAINS-CURRENT> (269)
<APPREC-INCREASE-CURRENT> 115
<NET-CHANGE-FROM-OPS> 302
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 201
<NUMBER-OF-SHARES-REDEEMED> (206)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 251
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 58
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 71
<AVERAGE-NET-ASSETS> 16,030
<PER-SHARE-NAV-BEGIN> 10.75
<PER-SHARE-NII> 0.31
<PER-SHARE-GAIN-APPREC> (0.10)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.96
<EXPENSE-RATIO> 0.73
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 795892
<NAME> SAFECO RESOURCE SERIES TRUST
<SERIES>
<NUMBER> 3
<NAME> SAFECO RST MONEY MARKET PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> SEMI-ANNUAL
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUNE-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 16,142
<INVESTMENTS-AT-VALUE> 16,142
<RECEIVABLES> 664
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16,806
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 238
<TOTAL-LIABILITIES> 238
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16,568
<SHARES-COMMON-STOCK> 16,568
<SHARES-COMMON-PRIOR> 12,493
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 16,568
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 432
<OTHER-INCOME> 0
<EXPENSES-NET> 49
<NET-INVESTMENT-INCOME> 383
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 383
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (383)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 42,712
<NUMBER-OF-SHARES-REDEEMED> (39,020)
<SHARES-REINVESTED> 383
<NET-CHANGE-IN-ASSETS> 4,075
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 49
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 63
<AVERAGE-NET-ASSETS> 15,772
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.02)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.63
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
