<PAGE> PAGE 1
000 B000000 10/31/2000
000 C000000 0000798524
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 VLC TRUST
001 B000000 811-4788
001 C000000 4012722510
002 A000000 ONE REGENCY PLAZA, SUITE ONE
002 B000000 PROVIDENCE
002 C000000 RI
002 D010000 02903
002 D020000 3158
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 OCEAN STATE TAX EXEMPT FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
062 A00AA00 Y
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
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 100.0
062 P00AA00 0.0
<PAGE> PAGE 2
062 Q00AA00 0.0
062 R00AA00 0.0
071 A00AA00 1757
071 B00AA00 4667
071 C00AA00 37339
071 D00AA00 5
072 A00AA00 12
074 N00AA00 37623
074 T00AA00 37526
075 A00AA00 0
075 B00AA00 37677
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
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
080 A00AA00 NATIONAL UNION FIRE INSURANCE COMPANY
080 C00AA00 500
081 A00AA00 N
081 B00AA00 0
082 A00AA00 Y
082 B00AA00 25
083 B00AA00 0
084 B00AA00 0
SIGNATURE JOSEPH J. HEALY
TITLE VICE PRESIDENT
