HERITAGE INCOME GROWTH TRUST
NSAR-B, 1999-11-29
Previous: BT INVESTMENT FUNDS, NSAR-A, 1999-11-29
Next: HERITAGE INCOME GROWTH TRUST, N-30D, 1999-11-29



<PAGE>      PAGE  1
000 B000000 09/30/1999
000 C000000 0000798075
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 HERITAGE INCOME GROWTH TRUST
001 B000000 811-4767
001 C000000 7275733800
002 A000000 880 CARILLON PARKWAY
002 B000000 ST. PETERSBURG
002 C000000 FL
002 D010000 33716
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
018  000000 Y
019 A000000 Y
019 B000000   13
019 C000000 HERITAGEXX
020 A000001 LEHMAN BROTHERS, INC.
020 B000001 13-2518466
020 C000001     23
020 A000002 BEAR STEARNS & COMPANY, INC.
020 B000002 13-3299429
020 C000002     17
020 A000003 DONALDSON LUFKIN & JENRETTE
020 B000003 13-2741729
020 C000003      9
020 A000004 MACDONALD INVESTMENT CO., INC.
020 B000004 13-3488141
020 C000004      9
020 A000005 CREDIT SUISSE FIRST BOSTON
020 B000005 13-5659485
020 C000005      8
<PAGE>      PAGE  2
020 A000006 RAYMOND JAMES & ASSOCIATES, INC.
020 B000006 59-1237041
020 C000006      8
020 A000007 MORGAN, J.P., SECURITIES, INC.
020 B000007 13-3224016
020 C000007      8
020 A000008 SALOMON SMITH BARNEY, INC.
020 B000008 13-1910900
020 C000008      7
020 A000009 JEFFRIES & CO., INC.
020 B000009 59-2622900
020 C000009      4
020 A000010 WHEAT FIRST UNION
020 B000010 54-0796506
020 C000010      4
021  000000      131
022 A000001 STATE STREET BANK & TRUST CO., INC.
022 B000001 04-1867445
022 C000001    833252
022 D000001         0
022 A000002 SALOMON SMITH BARNEY, INC.
022 B000002 11-2418191
022 C000002      5456
022 D000002      5318
022 A000003 CREDIT SUISSE FIRST BOSTON
022 B000003 13-4549485
022 C000003      2723
022 D000003      1770
022 A000004 JEFFRIES & CO., INC.
022 B000004 59-2622900
022 C000004       524
022 D000004      3511
022 A000005 GOLDMAN SACHS, & CO.
022 B000005 13-5108880
022 C000005      1485
022 D000005       734
022 A000006 LEHMAN BROTHERS, INC.
022 B000006 13-2518466
022 C000006         0
022 D000006      2008
022 A000007 WARBURG DILLON REED
022 B000007 13-3340045
022 C000007       900
022 D000007       983
022 A000008 BANC AMERICA SECURITIES, INC.
022 B000008 94-1687665
022 C000008      1000
022 D000008         0
022 A000009 CIBC WORLD MARKETS
022 B000009 13-2798343
022 C000009       825
<PAGE>      PAGE  3
022 D000009         0
022 A000010 FORUM CAPITAL MARKETS L.P.
022 B000010 06-1351111
022 C000010         0
022 D000010       497
023 C000000     846265
023 D000000      15072
027  000000 Y
028 A010000       929
028 A020000       485
028 A030000         0
028 A040000      2451
028 B010000       817
028 B020000         0
028 B030000         0
028 B040000      2204
028 C010000       637
028 C020000         0
028 C030000         0
028 C040000      1907
028 D010000       612
028 D020000       401
028 D030000         0
028 D040000      1548
028 E010000       717
028 E020000         0
028 E030000         0
028 E040000      2240
028 F010000       628
028 F020000         0
028 F030000         0
028 F040000      3106
028 G010000      4340
028 G020000       886
028 G030000         0
028 G040000     13456
028 H000000      2700
029  000000 Y
030 A000000    112
030 B000000  4.75
030 C000000  0.00
031 A000000     14
031 B000000      0
<PAGE>      PAGE  4
032  000000      4
033  000000     94
034  000000 Y
035  000000     60
036 A000000 N
036 B000000      0
038  000000      0
042 A000000   0
042 B000000   0
042 C000000 100
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000    548
044  000000      0
062 A000000 N
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
<PAGE>      PAGE  5
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000   0.0
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
071 A000000     46701
071 B000000     58830
071 C000000    101615
071 D000000   46
072 A000000 12
072 B000000      542
072 C000000     3116
072 D000000        0
072 E000000        0
072 F000000      784
072 G000000        0
072 H000000        0
072 I000000       85
072 J000000       22
072 K000000        0
072 L000000       21
072 M000000        9
072 N000000       40
072 O000000        0
072 P000000        0
072 Q000000       52
072 R000000       24
072 S000000       34
072 T000000      548
072 U000000        0
072 V000000        0
072 W000000        6
072 X000000     1625
072 Y000000        0
072 Z000000     2033
<PAGE>      PAGE  6
072AA000000     6418
072BB000000     7813
072CC010000     5947
072CC020000        0
072DD010000     1571
072DD020000      444
072EE000000     4345
073 A010000   0.0000
073 A020000   0.0000
073 B000000   0.6212
073 C000000   0.0000
074 A000000        1
074 B000000      789
074 C000000        0
074 D000000        0
074 E000000    20549
074 F000000    71707
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000     1277
074 K000000        0
074 L000000      386
074 M000000       11
074 N000000    94720
074 O000000      338
074 P000000      137
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000      420
074 S000000        0
074 T000000    93825
074 U010000     4521
074 U020000     1785
074 V010000     0.00
074 V020000     0.00
074 W000000   0.0000
074 X000000     6416
074 Y000000        0
075 A000000        0
075 B000000   105701
076  000000     0.00
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
<PAGE>      PAGE  7
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
080 A000000 GULF INSURANCE COMPANY
080 C000000    10000
081 A000000 Y
081 B000000  12
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
SIGNATURE   STEPHEN G. HILL
TITLE       PRESIDENT

<TABLE> <S> <C>

<ARTICLE>                     6
<CIK>                         0000798075
   <NAME>                     HERITAGE INCOME-GROWTH FUND
   <SERIES>
          <NUMBER>            001
          <NAME>              CLASS A


<S>                             <C>
<PERIOD-TYPE>                         12-MOS
<FISCAL-YEAR-END>                     SEP-30-1999
<PERIOD-START>                        OCT-01-1998
<PERIOD-END>                          SEP-30-1999
<INVESTMENTS-AT-COST>                 79,075,659
<INVESTMENTS-AT-VALUE>                92,255,961
<RECEIVABLES>                         1,662,622
<ASSETS-OTHER>                        801,648
<OTHER-ITEMS-ASSETS>                  0
<TOTAL-ASSETS>                        94,702,231
<PAYABLE-FOR-SECURITIES>              338,495
<SENIOR-LONG-TERM-DEBT>               0
<OTHER-ITEMS-LIABILITIES>             556,830
<TOTAL-LIABILITIES>                   895,325
<SENIOR-EQUITY>                       0
<PAID-IN-CAPITAL-COMMON>              81,567,423
<SHARES-COMMON-STOCK>                 6,305,995
<SHARES-COMMON-PRIOR>                 7,035,610
<ACCUMULATED-NII-CURRENT>             568,622
<OVERDISTRIBUTION-NII>                0
<ACCUMULATED-NET-GAINS>               (1,491,441)
<OVERDISTRIBUTION-GAINS>              0
<ACCUM-APPREC-OR-DEPREC>              13,180,302
<NET-ASSETS>                          93,824,906
<DIVIDEND-INCOME>                     3,116,158
<INTEREST-INCOME>                     542,182
<OTHER-INCOME>                        0
<EXPENSES-NET>                        1,625,171
<NET-INVESTMENT-INCOME>               2,033,169
<REALIZED-GAINS-CURRENT>              (1,395,489)
<APPREC-INCREASE-CURRENT>             5,946,965
<NET-CHANGE-FROM-OPS>                 6,584,645
<EQUALIZATION>                        0
<DISTRIBUTIONS-OF-INCOME>             2,015,728
<DISTRIBUTIONS-OF-GAINS>              4,344,815
<DISTRIBUTIONS-OTHER>                 0
<NUMBER-OF-SHARES-SOLD>               839,018
<NUMBER-OF-SHARES-REDEEMED>           1,967,349
<SHARES-REINVESTED>                   398,716
<NET-CHANGE-IN-ASSETS>                (11,208,863)
<ACCUMULATED-NII-PRIOR>               0
<ACCUMULATED-GAINS-PRIOR>             4,257,441
<OVERDISTRIB-NII-PRIOR>               0
<OVERDIST-NET-GAINS-PRIOR>            0
<GROSS-ADVISORY-FEES>                 783,838
<INTEREST-EXPENSE>                    0
<GROSS-EXPENSE>                       861,908
<AVERAGE-NET-ASSETS>                  67,902,842
<PER-SHARE-NAV-BEGIN>                 14.99
<PER-SHARE-NII>                       0.34
<PER-SHARE-GAIN-APPREC>               0.57
<PER-SHARE-DIVIDEND>                  (0.33)
<PER-SHARE-DISTRIBUTIONS>             0.62
<RETURNS-OF-CAPITAL>                  0.00
<PER-SHARE-NAV-END>                   15.61
<EXPENSE-RATIO>                       0.01


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                     6
<CIK>                         0000798075
   <NAME>                     HERITAGE INCOME-GROWTH FUND
   <SERIES>
          <NUMBER>            002
          <NAME>              CLASS B


<S>                             <C>
<PERIOD-TYPE>                         12-MOS
<FISCAL-YEAR-END>                     SEP-30-1999
<PERIOD-START>                        OCT-01-1998
<PERIOD-END>                          SEP-30-1999
<INVESTMENTS-AT-COST>                 79,075,659
<INVESTMENTS-AT-VALUE>                92,255,961
<RECEIVABLES>                         1,662,622
<ASSETS-OTHER>                        801,648
<OTHER-ITEMS-ASSETS>                  0
<TOTAL-ASSETS>                        94,702,231
<PAYABLE-FOR-SECURITIES>              338,495
<SENIOR-LONG-TERM-DEBT>               0
<OTHER-ITEMS-LIABILITIES>             556,830
<TOTAL-LIABILITIES>                   895,325
<SENIOR-EQUITY>                       0
<PAID-IN-CAPITAL-COMMON>              81,567,423
<SHARES-COMMON-STOCK>                 6,305,995
<SHARES-COMMON-PRIOR>                 7,035,610
<ACCUMULATED-NII-CURRENT>             568,622
<OVERDISTRIBUTION-NII>                0
<ACCUMULATED-NET-GAINS>               (1,491,441)
<OVERDISTRIBUTION-GAINS>              0
<ACCUM-APPREC-OR-DEPREC>              13,180,302
<NET-ASSETS>                          93,824,906
<DIVIDEND-INCOME>                     3,116,158
<INTEREST-INCOME>                     542,182
<OTHER-INCOME>                        0
<EXPENSES-NET>                        1,625,171
<NET-INVESTMENT-INCOME>               2,033,169
<REALIZED-GAINS-CURRENT>              (1,395,489)
<APPREC-INCREASE-CURRENT>             5,946,965
<NET-CHANGE-FROM-OPS>                 6,584,645
<EQUALIZATION>                        0
<DISTRIBUTIONS-OF-INCOME>             2,015,728
<DISTRIBUTIONS-OF-GAINS>              4,344,815
<DISTRIBUTIONS-OTHER>                 0
<NUMBER-OF-SHARES-SOLD>               839,018
<NUMBER-OF-SHARES-REDEEMED>           1,967,349
<SHARES-REINVESTED>                   398,716
<NET-CHANGE-IN-ASSETS>                (11,208,863)
<ACCUMULATED-NII-PRIOR>               0
<ACCUMULATED-GAINS-PRIOR>             4,257,441
<OVERDISTRIB-NII-PRIOR>               0
<OVERDIST-NET-GAINS-PRIOR>            0
<GROSS-ADVISORY-FEES>                 783,838
<INTEREST-EXPENSE>                    0
<GROSS-EXPENSE>                       115,826
<AVERAGE-NET-ASSETS>                  7,723,504
<PER-SHARE-NAV-BEGIN>                 14.82
<PER-SHARE-NII>                       0.22
<PER-SHARE-GAIN-APPREC>               0.57
<PER-SHARE-DIVIDEND>                  (0.22)
<PER-SHARE-DISTRIBUTIONS>             0.62
<RETURNS-OF-CAPITAL>                  0.00
<PER-SHARE-NAV-END>                   15.21
<EXPENSE-RATIO>                       0.02


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                     6
<CIK>                         0000798075
   <NAME>                     HERITAGE INCOME-GROWTH FUND
   <SERIES>
          <NUMBER>            003
          <NAME>              CLASS C


<S>                             <C>
<PERIOD-TYPE>                         12-MOS
<FISCAL-YEAR-END>                     SEP-30-1999
<PERIOD-START>                        OCT-01-1998
<PERIOD-END>                          SEP-30-1999
<INVESTMENTS-AT-COST>                 79,075,659
<INVESTMENTS-AT-VALUE>                92,255,961
<RECEIVABLES>                         1,662,622
<ASSETS-OTHER>                        801,648
<OTHER-ITEMS-ASSETS>                  0
<TOTAL-ASSETS>                        94,702,231
<PAYABLE-FOR-SECURITIES>              338,495
<SENIOR-LONG-TERM-DEBT>               0
<OTHER-ITEMS-LIABILITIES>             556,830
<TOTAL-LIABILITIES>                   895,325
<SENIOR-EQUITY>                       0
<PAID-IN-CAPITAL-COMMON>              81,567,423
<SHARES-COMMON-STOCK>                 6,305,995
<SHARES-COMMON-PRIOR>                 7,035,610
<ACCUMULATED-NII-CURRENT>             568,622
<OVERDISTRIBUTION-NII>                0
<ACCUMULATED-NET-GAINS>               (1,491,441)
<OVERDISTRIBUTION-GAINS>              0
<ACCUM-APPREC-OR-DEPREC>              13,180,302
<NET-ASSETS>                          93,824,906
<DIVIDEND-INCOME>                     3,116,158
<INTEREST-INCOME>                     542,182
<OTHER-INCOME>                        0
<EXPENSES-NET>                        1,625,171
<NET-INVESTMENT-INCOME>               2,033,169
<REALIZED-GAINS-CURRENT>              (1,395,489)
<APPREC-INCREASE-CURRENT>             5,946,965
<NET-CHANGE-FROM-OPS>                 6,584,645
<EQUALIZATION>                        0
<DISTRIBUTIONS-OF-INCOME>             2,015,728
<DISTRIBUTIONS-OF-GAINS>              4,344,815
<DISTRIBUTIONS-OTHER>                 0
<NUMBER-OF-SHARES-SOLD>               839,018
<NUMBER-OF-SHARES-REDEEMED>           1,967,349
<SHARES-REINVESTED>                   398,716
<NET-CHANGE-IN-ASSETS>                (11,208,863)
<ACCUMULATED-NII-PRIOR>               0
<ACCUMULATED-GAINS-PRIOR>             4,257,441
<OVERDISTRIB-NII-PRIOR>               0
<OVERDIST-NET-GAINS-PRIOR>            0
<GROSS-ADVISORY-FEES>                 783,838
<INTEREST-EXPENSE>                    0
<GROSS-EXPENSE>                       607,436
<AVERAGE-NET-ASSETS>                  30,075,138
<PER-SHARE-NAV-BEGIN>                 14.82
<PER-SHARE-NII>                       0.22
<PER-SHARE-GAIN-APPREC>               0.56
<PER-SHARE-DIVIDEND>                 (0.22)
<PER-SHARE-DISTRIBUTIONS>             0.62
<RETURNS-OF-CAPITAL>                  0.00
<PER-SHARE-NAV-END>                   15.20
<EXPENSE-RATIO>                       0.02


</TABLE>


PRICEWATERHOUSECOOPERS LLP
- --------------------------------------------------------------------------------
                                              PricewaterhouseCoopers LLP
                                              Suite 2800
                                              400 North Ashley Street
                                              Tampa, FL  33602-4319
                                              Telephone (813) 223-7577

               REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS


To the Shareholders and Board of Trustees
of Heritage Income-Growth Trust

In planning and performing our audit of the financial statements of the Heritage
Income-Growth Trust (the "Trust") for the year ended September 30, 1999, we
considered its internal control, including control activities for safeguarding
securities, in order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on internal control.

The management of the Trust is responsible for establishing and maintaining
internal control. In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and related costs of
control. Generally, controls that are relevant to an audit pertain to the
entity's objective of preparing financial statements for external purposes that
are fairly presented in conformity with generally accepted accounting
principles. Those controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.

Because of inherent limitations in internal control, errors or fraud may occur
and not be detected. Also, projection of any evaluation of internal control to
future periods is subject to the risk that it may become inadequate because of
changes in conditions or that the effectiveness of the design and operation may
deteriorate.

Our consideration of internal control would not necessarily disclose all matters
in internal control that might be material weaknesses under standards
established by the American Institute of Certified Public Accountants. A
material weakness is a condition in which the design or operation of any
specific internal control components does not reduce to a relatively low level
the risk that misstatements or fraud in amounts that would be material in
relation to the financial statements being audited may occur and not be detected
within a timely period by employees in the normal course of performing their
assigned functions. However, we noted no matters involving internal control,
including controls for safeguarding securities, that we consider to be material
weaknesses as defined above as of September 30, 1999.

This report is intended solely for the information and use of management and the
Board of Trustees of the Heritage Income-Growth Trust and the Securities and
Exchange Commission.



/s/ PricewaterhouseCoopers LLP
- ------------------------------
PricewaterhouseCoopers LLP
November 12, 1999


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission