<PAGE> PAGE 1
000 A000000 06/30/1999
000 C000000 0000797136
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 FENIMORE ASSET MANAGEMENT TRUST
001 B000000 811-4750
001 C000000 5182344393
002 A000000 118 N. GRAND STREET
002 B000000 COBLESKILL
002 C000000 NY
002 D010000 12043
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 FAM VALUE FUND
007 C030100 N
007 C010200 2
007 C020200 FAM EQUITY-INCOME FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
<PAGE> PAGE 2
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
008 A00AA01 FENIMORE ASSET MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-10429
008 D01AA01 COBLESKILL
008 D02AA01 NY
008 D03AA01 12043
013 A00AA01 MCGLADREY & PULLEN
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10017
013 B04AA01 2416
015 A00AA01 FIRSTAR BANK, N.A.
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45202
015 E01AA01 X
018 00AA00 N
019 A00AA00 N
019 B00AA00 0
020 A000001 INSTINET
020 B000001 13-3443395
020 C000001 25
020 A000002 ITG - POSIT
020 B000002 95-4339369
020 C000002 18
<PAGE> PAGE 3
020 A000003 MCDONALD'S CORPORATION
020 B000003 34-0642435
020 C000003 15
020 A000004 JEFFRIES & COMPANY
020 B000004 95-2622900
020 C000004 14
020 A000005 PUTNAM, LOVELL, & THORNTON
020 B000005 95-4108888
020 C000005 9
020 A000006 WECKSTEIN & CO
020 B000006 13-3409532
020 C000006 7
020 A000007 ROBINSON HUMPHREY
020 B000007 13-2869611
020 C000007 6
020 A000008 FOX - PIT, KELTON
020 B000008 06-1058201
020 C000008 5
020 A000009 ROBERT BAIRD & CO.
020 B000009 39-6037917
020 C000009 2
020 A000010 PAINE WEBBER
020 B000010 13-2638166
020 C000010 1
021 000000 106
022 A000001 BT BROKERAGE
022 B000001 22-2608045
022 C000001 130094
022 D000001 130700
022 A000002 MERRIL LYNCH
022 B000002 13-5674085
022 C000002 50384
022 D000002 50600
022 A000003 PAINE WEBER
022 B000003 13-2638166
022 C000003 24851
022 D000003 25500
022 A000004 CONNING & COMPANY
022 B000004 06-1774588
022 C000004 2053
022 D000004 0
022 A000005 FOX PITT KELTON
022 B000005 06-1058201
022 C000005 797
022 D000005 0
022 A000006 MCDONALD'S CORPORATION
022 B000006 34-0642435
022 C000006 843
022 D000006 0
022 A000007 KEEFE BRUYETTE & WOODS
022 B000007 13-1964616
<PAGE> PAGE 4
022 C000007 642
022 D000007 0
022 A000008 ADVEST
022 B000008 06-0950348
022 C000008 574
022 D000008 0
022 A000009 WEDBUSH
022 B000009 95-2495390
022 C000009 541
022 D000009 0
022 A000010 SANDLER ONEIL
022 B000010 52-2119501
022 C000010 413
022 D000010 0
023 C000000 211192
023 D000000 2068000
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
025 D00AA09 0
025 D00AA10 0
025 D00AA11 0
025 D00AA12 0
025 D00AA13 0
025 D00AA14 0
025 D00AA15 0
025 D00AA16 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
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
<PAGE> PAGE 5
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
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 1.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
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
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
<PAGE> PAGE 6
062 H00AA00 0.0
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
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 N
066 D00AA00 N
066 E00AA00 Y
066 F00AA00 N
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 N
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 Y
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
<PAGE> PAGE 7
070 N02AA00 N
070 O01AA00 N
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 A00AA00 GULF INSURANCE
080 C00AA00 775
081 A00AA00 Y
081 B00AA00 3
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
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 22732
028 A020100 0
028 A030100 0
028 A040100 10678
028 B010100 15012
028 B020100 0
028 B030100 0
028 B040100 12523
028 C010100 14589
028 C020100 0
028 C030100 0
028 C040100 9887
028 D010100 17542
028 D020100 0
028 D030100 0
028 D040100 9927
028 E010100 15480
<PAGE> PAGE 8
028 E020100 0
028 E030100 0
028 E040100 5492
028 F010100 14696
028 F020100 0
028 F030100 0
028 F040100 8569
028 G010100 100051
028 G020100 0
028 G030100 0
028 G040100 57076
028 H000100 0
049 000100 N
050 000100 Y
051 000100 N
052 000100 N
053 A000100 N
054 A000100 Y
054 B000100 Y
054 C000100 Y
054 D000100 N
054 E000100 N
054 F000100 N
054 G000100 N
054 H000100 Y
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
054 O000100 N
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 2000
071 A000100 59689
071 B000100 10658
071 C000100 321938
071 D000100 3
072 A000100 6
072 B000100 1605
072 C000100 2476
072 D000100 0
072 E000100 0
072 F000100 1933
<PAGE> PAGE 9
072 G000100 97
072 H000100 0
072 I000100 168
072 J000100 22
072 K000100 5
072 L000100 44
072 M000100 15
072 N000100 40
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 14
072 S000100 13
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 4
072 X000100 2355
072 Y000100 0
072 Z000100 1726
072AA000100 0
072BB000100 1151
072CC010100 8214
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 18927
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 414234
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 418
074 M000100 0
074 N000100 433579
074 O000100 2243
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
<PAGE> PAGE 10
074 R040100 411
074 S000100 0
074 T000100 430925
074 U010100 12278
074 U020100 0
074 V010100 35.10
074 V020100 0.00
074 W000100 0.0000
074 X000100 14032
074 Y000100 0
075 A000100 0
075 B000100 390228
076 000100 0.00
028 A010200 215
028 A020200 0
028 A030200 0
028 A040200 68
028 B010200 164
028 B020200 0
028 B030200 0
028 B040200 87
028 C010200 158
028 C020200 0
028 C030200 0
028 C040200 103
028 D010200 198
028 D020200 0
028 D030200 0
028 D040200 47
028 E010200 90
028 E020200 0
028 E030200 0
028 E040200 139
028 F010200 71
028 F020200 0
028 F030200 0
028 F040200 30
028 G010200 896
028 G020200 0
028 G030200 0
028 G040200 474
028 H000200 0
049 000200 N
050 000200 Y
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
054 A000200 Y
054 B000200 Y
<PAGE> PAGE 11
054 C000200 Y
054 D000200 Y
054 E000200 Y
054 F000200 Y
054 G000200 Y
054 H000200 Y
054 I000200 Y
054 J000200 Y
054 K000200 Y
054 L000200 Y
054 M000200 Y
054 N000200 Y
054 O000200 Y
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 10000
071 A000200 1033
071 B000200 249
071 C000200 6089
071 D000200 4
072 A000200 6
072 B000200 107
072 C000200 13
072 D000200 0
072 E000200 0
072 F000200 33
072 G000200 2
072 H000200 0
072 I000200 3
072 J000200 1
072 K000200 0
072 L000200 2
072 M000200 14
072 N000200 13
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 15
072 S000200 0
072 T000200 0
072 U000200 1
072 V000200 0
072 W000200 1
072 X000200 85
072 Y000200 36
<PAGE> PAGE 12
072 Z000200 71
072AA000200 0
072BB000200 127
072CC010200 170
072CC020200 0
072DD010200 72
072DD020200 0
072EE000200 0
073 A010200 0.1400
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 325
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 6954
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 19
074 M000200 11
074 N000200 7309
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 33
074 S000200 0
074 T000200 7276
074 U010200 537
074 U020200 0
074 V010200 13.54
074 V020200 0.00
074 W000200 0.0000
074 X000200 260
074 Y000200 0
075 A000200 0
075 B000200 6618
076 000200 0.00
072 I003200 0
072 J003200 0
072 K003200 0
072 L003200 0
072 M003200 0
072 N003200 0
<PAGE> PAGE 13
072 O003200 0
072 P003200 0
072 Q003200 0
072 R003200 0
072 S003200 0
072 T003200 0
072 U003200 0
072 V003200 0
072 W003200 0
072 X003200 0
SIGNATURE BARBARA A. DWYER
TITLE EDGAR DEPT. HEAD
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797136
<NAME> FENIMORE ASSET MANAGEMENT TRUST
<SERIES>
<NUMBER> 1
<NAME> FAM Value Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 265,880,694
<INVESTMENTS-AT-VALUE> 414,233,811
<RECEIVABLES> 418,238
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 18,926,654
<TOTAL-ASSETS> 433,578,703
<PAYABLE-FOR-SECURITIES> 2,243,117
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 410,555
<TOTAL-LIABILITIES> 2,653,672
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 281,994,242
<SHARES-COMMON-STOCK> 12,277,864
<SHARES-COMMON-PRIOR> 11,012,970
<ACCUMULATED-NII-CURRENT> 1,726,998
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,149,326)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 148,353,117
<NET-ASSETS> 430,925,031
<DIVIDEND-INCOME> 2,475,617
<INTEREST-INCOME> 1,605,158
<OTHER-INCOME> 0
<EXPENSES-NET> 2,354,600
<NET-INVESTMENT-INCOME> 1,726,175
<REALIZED-GAINS-CURRENT> (1,150,900)
<APPREC-INCREASE-CURRENT> 8,213,733
<NET-CHANGE-FROM-OPS> 8,789,008
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,990,279
<NUMBER-OF-SHARES-REDEEMED> 1,725,385
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 51,656,428
<ACCUMULATED-NII-PRIOR> 822
<ACCUMULATED-GAINS-PRIOR> 1,574
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,932,617
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,354,600
<AVERAGE-NET-ASSETS> 390,228,000
<PER-SHARE-NAV-BEGIN> 34.44
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> .51
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 35.10
<EXPENSE-RATIO> 1.22
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797136
<NAME> FENIMORE ASSET MANAGEMENT TRUST
<SERIES>
<NUMBER> 2
<NAME> FAM Equity-Income Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 5,826,434
<INVESTMENTS-AT-VALUE> 6,954,367
<RECEIVABLES> 19,243
<ASSETS-OTHER> 11,127
<OTHER-ITEMS-ASSETS> 324,488
<TOTAL-ASSETS> 7,309,225
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 32,962
<TOTAL-LIABILITIES> 32,962
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6,295,549
<SHARES-COMMON-STOCK> 537,251
<SHARES-COMMON-PRIOR> 497,208
<ACCUMULATED-NII-CURRENT> (107)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (147,082)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,127,933
<NET-ASSETS> 7,276,293
<DIVIDEND-INCOME> 107,439
<INTEREST-INCOME> 13,261
<OTHER-INCOME> 0
<EXPENSES-NET> 49,221
<NET-INVESTMENT-INCOME> 71,479
<REALIZED-GAINS-CURRENT> (126,866)
<APPREC-INCREASE-CURRENT> 169,856
<NET-CHANGE-FROM-OPS> 114,469
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 71,607
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 72,414
<NUMBER-OF-SHARES-REDEEMED> 37,441
<SHARES-REINVESTED> 5,070
<NET-CHANGE-IN-ASSETS> 551,329
<ACCUMULATED-NII-PRIOR> 20
<ACCUMULATED-GAINS-PRIOR> (20,215)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32,814
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 85,394
<AVERAGE-NET-ASSETS> 6,618,000
<PER-SHARE-NAV-BEGIN> 13.53
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> .01
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.54
<EXPENSE-RATIO> 1.50
</TABLE>