<PAGE> PAGE 1
000 B000000 10/31/1999
000 C000000 0000802716
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 THE VICTORY PORTFOLIOS
001 B000000 811-4852
001 C000000 6144708000
002 A000000 3435 STELZER ROAD
002 B000000 COLUMBUS
002 C000000 OH
002 D010000 43219
002 D020000 3035
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 32
007 C010100 1
007 C020100 VICTORY PRIME OBLIGATIONS FUND
007 C030100 N
007 C010200 2
007 C020200 VICTORY U.S. GOVERNMENT OBLIGATIONS FUND
007 C030200 N
007 C010300 3
007 C020300 VICTORY TAX-FREE MONEY MARKET FUND
007 C030300 N
007 C010400 4
007 C020400 VICTORY OHIO REGIONAL STOCK FUND
007 C030400 N
007 C010500 5
007 C020500 VICTORY DIVERSIFIED STOCK FUND
007 C030500 N
007 C010600 6
007 C020600 VICTORY LIMITED TERM INCOME FUND
007 C030600 N
007 C010700 7
007 C020700 VICTORY OHIO MUNICIPAL BOND FUND
007 C030700 N
007 C010800 8
007 C020800 VICTORY GOVERNMENT MORTGAGE FUND
007 C030800 N
007 C010900 9
007 C020900 VICTORY INTERNATIONAL GROWTH FUND
007 C030900 N
007 C011000 10
<PAGE> PAGE 2
007 C021000 VICTORY GROWTH FUND
007 C031000 N
007 C011100 11
007 C021100 VICTORY BALANCED FUND
007 C031100 N
007 C011200 12
007 C021200 VICTORY VALUE FUND
007 C031200 N
007 C011300 13
007 C021300 VICTORY STOCK INDEX FUND
007 C031300 N
007 C011400 14
007 C021400 VICTORY SPECIAL VALUE FUND
007 C031400 N
007 C011500 15
007 C021500 VICTORY SMALL COMPANY OPPORTUNITY FUND
007 C031500 N
007 C011600 16
007 C021600 VICTORY INVESTMENT QUALITY BOND FUND
007 C031600 N
007 C011700 17
007 C021700 VICTORY INTERMEDIATE INCOME FUND
007 C031700 N
007 C011800 18
007 C021800 VICTORY FUND FOR INCOME
007 C031800 N
007 C011900 19
007 C021900 VICTORY NATIONAL MUNICIPAL BOND FUND
007 C031900 N
007 C012000 20
007 C012100 21
007 C022100 VICTORY NEW YORK TAX-FREE FUND
007 C032100 N
007 C012200 22
007 C022200 VICTORY FINANCIAL RESERVES FUND
007 C032200 N
007 C012300 23
007 C022300 VICTORY INSTITUTIONAL MONEY MARKET FUND
007 C032300 N
007 C012400 24
007 C022400 VICTORY OHIO MUNICIPAL MONEY MARKET FUND
007 C032400 N
007 C012500 25
007 C022500 VICTORY LAKEFRONT FUND
007 C032500 N
007 C012600 26
007 C022600 VICTORY REAL ESTATE INVESTMENT FUND
007 C032600 N
007 C012700 27
007 C022700 VICTORY FEDERAL MONEY MARKET FUND
007 C032700 N
<PAGE> PAGE 3
007 C012800 28
007 C022800 VICTORY CONVERTIBLE SECURITIES FUND
007 C032800 N
007 C012900 29
007 C022900 VICTORY LIFECHOICE GROWTH INVESTOR FUND
007 C032900 N
007 C013000 30
007 C023000 VICTORY LIFECHOICE MODERATE INVESTOR FUND
007 C033000 N
007 C013100 31
007 C023100 VICTORY LIFECHOICE CONSERVATIVE INVESTOR FUND
007 C033100 N
007 C013200 32
007 C023200 VICTORY ESTABLISHED VALUE FUND
007 C033200 N
007 C013300 33
007 C023300 VICTORY GRADISON GOVERNMENT RESERVES FUND
007 C033300 N
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
010 A00AA01 BISYS FUND SERVICES
010 C01AA01 COLUMBUS
010 C02AA01 OH
010 C03AA01 43219
011 A00AA01 BISYS FUND SERVICES LP
011 B00AA01 8-0000
011 C01AA01 COLUMBUS
011 C02AA01 OH
011 C03AA01 43219
012 A00AA01 BOSTON FINANCIAL DATA SERVICE, INC.
012 B00AA01 85-05003
012 C01AA01 NO. QUINCY
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 COLUMBUS
013 B02AA01 OH
013 B03AA01 43215
014 A00AA01 MCDONALD INVESTMENTS INC.
014 B00AA01 8-00000
014 A00AA02 KEY CLEARING CORP.
014 B00AA02 8-00000
014 A00AA03 MCDONALD & CO.
014 B00AA03 8-00000000
018 00AA00 Y
019 A00AA00 Y
<PAGE> PAGE 4
019 B00AA00 32
019 C00AA00 VICTORYFDS
020 A000001 ESI SECURITIES
020 C000001 712
020 A000002 MORGAN STANLEY DEAN WITTER
020 B000002 94-1671384
020 C000002 381
020 A000003 SALOMON SMITH BARNEY
020 B000003 11-2418191
020 C000003 369
020 A000004 GOLDMAN, SACHS & CO.
020 B000004 13-5108880
020 C000004 254
020 A000005 AMOSKEAG NATION
020 C000005 200
020 A000006 FACTSET DATA
020 B000006 13-2953224
020 C000006 199
020 A000007 MERRILL LYNCH & CO., INC.
020 B000007 13-5674085
020 C000007 175
020 A000008 SANFORD BERNSTEIN
020 C000008 173
020 A000009 STUART FRANKEL
020 C000009 131
020 A000010 BEAR STEARNS & CO., INC.
020 B000010 13-3299429
020 C000010 137
021 000000 4884
022 A000001 GENERAL ELECTRIC CAPITAL CORP.
022 C000001 29290041
022 D000001 0
022 A000002 ASSOCIATES CORP.
022 C000002 7375443
022 D000002 4184
022 A000003 HOUSEHOLD FINANCE
022 C000003 5268452
022 D000003 0
022 A000004 CONVERSION BROKER
022 C000004 3334383
022 D000004 273605
022 A000005 FORD MOTOR CREDIT CO.
022 C000005 3124602
022 D000005 0
022 A000006 SALOMON SMITH BARNEY
022 B000006 11-2418191
022 C000006 2956302
022 D000006 493868
022 A000007 LEHMAN BROTHERS, INC.
022 B000007 13-2518466
022 C000007 431506
<PAGE> PAGE 5
022 D000007 410764
022 A000008 GOLDMAN SACHS
022 B000008 13-5108880
022 C000008 419754
022 D000008 310971
022 A000009 GREENWICH
022 B000009 13-3172275
022 C000009 287129
022 D000009 297873
022 A000010 PAINE WEBBER
022 B000010 13-2638166
022 C000010 245328
022 D000010 192181
023 C000000 56221799
023 D000000 3593471
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
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
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
<PAGE> PAGE 6
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 NATIONAL UNION FIRE INSURANCE COMPANY
080 C00AA00 2900
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
008 A000101 KEY ASSET MANAGEMENT, INC.
008 B000101 A
008 C000101 801-46878
008 D010101 CLEVELAND
008 D020101 OH
008 D030101 44114
015 A000101 KEYTRUST COMPANY OF OHIO
015 B000101 C
015 C010101 CLEVELAND
015 C020101 OH
015 C030101 44114
015 E030101 X
024 000100 Y
025 A000101 MORGAN STANLEY DEAN WITTER
025 B000101 94-1671384
025 C000101 D
025 D000101 72626
025 A000102 SALOMON SMITH BARNEY
<PAGE> PAGE 7
025 B000102 11-2418191
025 C000102 D
025 D000102 14049
025 A000103 PAINE WEBBER
025 B000103 13-2638166
025 C000103 D
025 D000103 38807
025 A000104 MERRIL LYNCH
025 B000104 13-5674085
025 C000104 D
025 D000104 20008
025 A000105 LEHMAN BROTHERS
025 B000105 13-2518466
025 C000105 D
025 D000105 70000
025 A000106 GOLDMAN SACHS
025 B000106 13-5108880
025 C000106 D
025 D000106 20008
025 A000107 GENERAL ELECTRIC CAPITAL CORP.
025 C000107 D
025 D000107 69304
025 A000108 FORD MOTOR CREDIT CORP.
025 C000108 D
025 D000108 5006
025 A000109 HOUSEHOLD FINANCE
025 C000109 D
025 D000109 15006
025 A000110 ASSOCIATES CORP.
025 C000110 D
025 D000110 13137
025 D000111 0
025 D000112 0
025 D000113 0
025 D000114 0
025 D000115 0
025 D000116 0
028 A010100 349786
028 A020100 5893
028 A030100 0
028 A040100 216923
028 B010100 221686
028 B020100 5976
028 B030100 0
028 B040100 277138
028 C010100 395458
028 C020100 5981
028 C030100 0
028 C040100 380970
028 D010100 313645
028 D020100 6453
<PAGE> PAGE 8
028 D030100 0
028 D040100 223184
028 E010100 658486
028 E020100 7050
028 E030100 0
028 E040100 416709
028 F010100 385344
028 F020100 7352
028 F030100 0
028 F040100 426282
028 G010100 2324405
028 G020100 38705
028 G030100 0
028 G040100 1941206
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
031 A000100 0
031 B000100 0
032 000100 0
033 000100 0
034 000100 N
035 000100 0
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 N
041 000100 N
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 0
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.350
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
<PAGE> PAGE 9
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
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
058 B000100 N
058 C000100 N
058 D000100 N
058 E000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 500
062 A000100 Y
062 B000100 0.0
062 C000100 0.5
062 D000100 4.3
062 E000100 0.3
062 F000100 6.8
062 G000100 0.0
062 H000100 1.8
062 I000100 58.8
062 J000100 0.0
062 K000100 0.0
062 L000100 27.5
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
<PAGE> PAGE 10
062 R000100 0.0
063 A000100 56
063 B000100 0.0
064 A000100 Y
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 Y
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
<PAGE> PAGE 11
072 B000100 90138
072 C000100 0
072 D000100 0
072 E000100 11
072 F000100 6046
072 G000100 1938
072 H000100 0
072 I000100 111
072 J000100 342
072 K000100 0
072 L000100 311
072 M000100 45
072 N000100 218
072 O000100 0
072 P000100 0
072 Q000100 113
072 R000100 135
072 S000100 0
072 T000100 4319
072 U000100 0
072 V000100 0
072 W000100 32
072 X000100 13610
072 Y000100 0
072 Z000100 76539
072AA000100 0
072BB000100 12
072CC010100 0
072CC020100 0
072DD010100 76539
072DD020100 0
072EE000100 0
073 A010100 0.0440
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 88807
074 C000100 1971656
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 9193
074 M000100 22
074 N000100 2069678
074 O000100 0
<PAGE> PAGE 12
074 P000100 683
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 8956
074 S000100 0
074 T000100 2060039
074 U010100 2060035
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 0.9996
074 X000100 45394
074 Y000100 0
075 A000100 1727593
075 B000100 0
076 000100 0.00
008 A000201 KEY ASSET MANAGEMENT, INC.
008 B000201 A
008 C000201 801-46878
008 D010201 CLEVELAND
008 D020201 OH
008 D030201 44114
015 A000201 KEYTRUST COMPANY OF OHIO
015 B000201 C
015 C010201 CLEVELAND
015 C020201 OH
015 C030201 44114
015 E030201 X
024 000200 Y
025 A000201 GREENWICH
025 B000201 13-3172275
025 C000201 D
025 D000201 90000
025 A000202 BEAR STEARNS
025 B000202 13-3299429
025 C000202 D
025 D000202 540000
025 A000203 LEHMAN BROTHERS
025 B000203 13-2518466
025 C000203 D
025 D000203 540000
025 A000204 MORGAN STANLEY DEAN WITTER
025 B000204 94-1671384
025 C000204 D
025 D000204 90000
025 A000205 GOLDMAN SACHS
025 B000205 13-5108880
025 C000205 D
025 D000205 90000
<PAGE> PAGE 13
025 A000206 DELETE
025 D000206 0
025 A000207 DELETE
025 D000207 0
025 A000208 DELETE
025 D000208 0
025 D000209 0
025 D000210 0
025 D000211 0
025 D000212 0
025 D000213 0
025 D000214 0
025 D000215 0
025 D000216 0
028 A010200 313339
028 A020200 5189
028 A030200 0
028 A040200 274707
028 B010200 360083
028 B020200 5311
028 B030200 0
028 B040200 461924
028 C010200 212609
028 C020200 5120
028 C030200 0
028 C040200 332395
028 D010200 299422
028 D020200 5259
028 D030200 0
028 D040200 303399
028 E010200 224955
028 E020200 5159
028 E030200 0
028 E040200 319443
028 F010200 510600
028 F020200 5084
028 F030200 0
028 F040200 286006
028 G010200 1921008
028 G020200 31122
028 G030200 0
028 G040200 1977874
028 H000200 0
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
031 A000200 0
031 B000200 0
032 000200 0
033 000200 0
<PAGE> PAGE 14
034 000200 N
035 000200 0
036 B000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 N
041 000200 N
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 0
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.350
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
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
055 A000200 N
055 B000200 N
<PAGE> PAGE 15
056 000200 Y
057 000200 N
058 A000200 N
058 B000200 N
058 C000200 N
058 D000200 N
058 E000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 500
062 A000200 Y
062 B000200 25.9
062 C000200 0.0
062 D000200 74.2
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 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 48
063 B000200 0.0
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
<PAGE> PAGE 16
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 Y
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
072 B000200 108083
072 C000200 0
072 D000200 0
072 E000200 186
072 F000200 7640
072 G000200 2393
072 H000200 0
072 I000200 112
072 J000200 433
072 K000200 0
072 L000200 182
072 M000200 58
072 N000200 166
072 O000200 0
072 P000200 0
072 Q000200 112
072 R000200 160
072 S000200 0
072 T000200 4283
072 U000200 0
072 V000200 0
072 W000200 91
072 X000200 15630
<PAGE> PAGE 17
072 Y000200 0
072 Z000200 92639
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 20842
072DD020200 71797
072EE000200 0
073 A010200 0.0440
073 A020200 0.0420
073 B000200 0.0000
073 C000200 0.0000
074 A000200 1
074 B000200 1632106
074 C000200 570035
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 7226
074 M000200 36
074 N000200 2209404
074 O000200 0
074 P000200 737
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 8945
074 S000200 0
074 T000200 2199722
074 U010200 386236
074 U020200 1813543
074 V010200 1.00
074 V020200 1.00
074 W000200 0.9997
074 X000200 20864
074 Y000200 0
075 A000200 2182748
075 B000200 0
076 000200 0.00
008 A000301 KEY ASSET MANAGEMENT, INC.
008 B000301 A
008 C000301 801-46878
008 D010301 CLEVELAND
008 D020301 OH
<PAGE> PAGE 18
008 D030301 44114
015 A000301 KEYTRUST COMPANY OF OHIO
015 B000301 C
015 C010301 CLEVELAND
015 C020301 OH
015 C030301 44114
015 E030301 X
024 000300 N
028 A010300 89707
028 A020300 1130
028 A030300 0
028 A040300 55864
028 B010300 76790
028 B020300 1215
028 B030300 0
028 B040300 110721
028 C010300 89927
028 C020300 1062
028 C030300 0
028 C040300 54913
028 D010300 221631
028 D020300 1076
028 D030300 0
028 D040300 147699
028 E010300 204550
028 E020300 1204
028 E030300 0
028 E040300 278407
028 F010300 110543
028 F020300 1206
028 F030300 0
028 F040300 136927
028 G010300 793148
028 G020300 6893
028 G030300 0
028 G040300 784531
028 H000300 0
029 000300 N
030 A000300 0
030 B000300 0.00
030 C000300 0.00
031 A000300 0
031 B000300 0
032 000300 0
033 000300 0
034 000300 N
035 000300 0
036 B000300 0
037 000300 N
038 000300 0
039 000300 N
<PAGE> PAGE 19
040 000300 N
041 000300 N
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 0
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.350
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
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
055 A000300 Y
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
058 B000300 N
058 C000300 N
058 D000300 N
<PAGE> PAGE 20
058 E000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 500
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 99.3
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.4
063 A000300 48
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
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
<PAGE> PAGE 21
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 12
072 B000300 22541
072 C000300 364
072 D000300 0
072 E000300 0
072 F000300 2429
072 G000300 900
072 H000300 0
072 I000300 35
072 J000300 145
072 K000300 0
072 L000300 35
072 M000300 18
072 N000300 29
072 O000300 0
072 P000300 0
072 Q000300 98
072 R000300 54
072 S000300 0
072 T000300 1735
072 U000300 0
072 V000300 0
072 W000300 12
072 X000300 5490
072 Y000300 0
072 Z000300 17415
072AA000300 0
072BB000300 27
072CC010300 0
072CC020300 0
<PAGE> PAGE 22
072DD010300 17415
072DD020300 0
072EE000300 0
073 A010300 0.0250
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 11
074 B000300 0
074 C000300 695501
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 4149
074 M000300 12
074 N000300 699673
074 O000300 0
074 P000300 239
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 1801
074 S000300 0
074 T000300 697633
074 U010300 697662
074 U020300 0
074 V010300 1.00
074 V020300 0.00
074 W000300 0.9997
074 X000300 3891
074 Y000300 0
075 A000300 693911
075 B000300 0
076 000300 0.00
008 A000401 KEY ASSET MANAGEMENT, INC.
008 B000401 A
008 C000401 801-46878
008 D010401 CLEVELAND
008 D020401 OH
008 D030401 44114
015 A000401 KEYTRUST COMPANY OF OHIO
015 B000401 C
015 C010401 CLEVELAND
015 C020401 OH
015 C030401 44114
<PAGE> PAGE 23
015 E030401 X
024 000400 N
028 A010400 410
028 A020400 0
028 A030400 0
028 A040400 1837
028 B010400 152
028 B020400 41
028 B030400 0
028 B040400 2365
028 C010400 160
028 C020400 0
028 C030400 0
028 C040400 983
028 D010400 257
028 D020400 0
028 D030400 0
028 D040400 1110
028 E010400 219
028 E020400 38
028 E030400 0
028 E040400 680
028 F010400 112
028 F020400 0
028 F030400 0
028 F040400 1575
028 G010400 1310
028 G020400 79
028 G030400 0
028 G040400 8550
028 H000400 137
029 000400 Y
030 A000400 1
030 B000400 5.75
030 C000400 0.00
031 A000400 0
031 B000400 0
032 000400 1
033 000400 0
034 000400 Y
035 000400 1
036 A000400 N
036 B000400 0
037 000400 N
038 000400 0
039 000400 N
040 000400 Y
041 000400 Y
042 A000400 0
042 B000400 0
042 C000400 0
<PAGE> PAGE 24
042 D000400 100
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 7
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.750
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
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
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
058 A000400 N
058 B000400 N
058 C000400 N
058 D000400 N
058 E000400 N
059 000400 Y
060 A000400 Y
<PAGE> PAGE 25
060 B000400 Y
061 000400 500
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 Y
066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
<PAGE> PAGE 26
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 Y
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 751
071 B000400 16591
071 C000400 33850
071 D000400 2
072 A000400 12
072 B000400 5
072 C000400 775
072 D000400 0
072 E000400 4
072 F000400 255
072 G000400 51
072 H000400 0
072 I000400 39
072 J000400 17
072 K000400 0
072 L000400 3
072 M000400 1
072 N000400 14
072 O000400 0
072 P000400 0
072 Q000400 46
072 R000400 5
072 S000400 0
072 T000400 89
072 U000400 0
072 V000400 0
072 W000400 3
072 X000400 523
072 Y000400 39
072 Z000400 300
072AA000400 8475
072BB000400 0
072CC010400 0
<PAGE> PAGE 27
072CC020400 10275
072DD010400 295
072DD020400 0
072EE000400 4990
073 A010400 0.1700
073 A020400 0.0000
073 B000400 2.4200
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 24403
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 7
074 K000400 1
074 L000400 33
074 M000400 6
074 N000400 24450
074 O000400 0
074 P000400 17
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 170
074 S000400 0
074 T000400 24263
074 U010400 1384
074 U020400 44
074 V010400 17.00
074 V020400 16.60
074 W000400 0.0000
074 X000400 487
074 Y000400 0
075 A000400 0
075 B000400 33977
076 000400 0.00
008 A000501 KEY ASSET MANAGEMENT, INC.
008 B000501 A
008 C000501 801-46878
008 D010501 CLEVELAND
008 D020501 OH
008 D030501 44114
015 A000501 KEYTRUST COMPANY OF OHIO
015 B000501 C
015 C010501 CLEVELAND
015 C020501 OH
<PAGE> PAGE 28
015 C030501 44114
015 E030501 X
024 000500 Y
025 A000501 GOLDMAN SACHS
025 B000501 13-5108880
025 C000501 E
025 D000501 16821
025 A000502 GENERAL ELECTRIC CAPITAL CORP.
025 C000502 D
025 D000502 16443
025 A000503 GOLDMAN SACHS
025 B000503 13-5108880
025 C000503 D
025 D000503 25000
025 A000504 SALOMON SMITH BARNEY
025 B000504 11-2418191
025 C000504 D
025 D000504 30000
025 A000505 MORGAN STANLEY DEAN WITTER
025 B000505 94-1671384
025 C000505 D
025 D000505 35000
025 A000506 MERRILL LYNCH
025 B000506 13-5674085
025 C000506 D
025 D000506 20000
025 A000507 LEHMAN BROTHERS
025 B000507 13-2518466
025 C000507 D
025 D000507 15000
025 D000508 0
028 A010500 37325
028 A020500 0
028 A030500 0
028 A040500 38786
028 B010500 29856
028 B020500 323
028 B030500 0
028 B040500 28677
028 C010500 22521
028 C020500 0
028 C030500 0
028 C040500 25189
028 D010500 32754
028 D020500 0
028 D030500 0
028 D040500 28720
028 E010500 28165
028 E020500 527
028 E030500 0
028 E040500 30689
<PAGE> PAGE 29
028 F010500 22508
028 F020500 0
028 F030500 0
028 F040500 72986
028 G010500 173129
028 G020500 850
028 G030500 0
028 G040500 225047
028 H000500 22024
029 000500 Y
030 A000500 387
030 B000500 5.75
030 C000500 0.00
031 A000500 58
031 B000500 0
032 000500 329
033 000500 0
034 000500 Y
035 000500 74
036 A000500 N
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 100
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 780
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.650
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
<PAGE> PAGE 30
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
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
058 B000500 N
058 C000500 N
058 D000500 N
058 E000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 500
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
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 0.0
<PAGE> PAGE 31
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
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 Y
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 903431
071 B000500 1052901
071 C000500 1087723
071 D000500 83
<PAGE> PAGE 32
072 A000500 12
072 B000500 1691
072 C000500 13935
072 D000500 0
072 E000500 121
072 F000500 7362
072 G000500 1343
072 H000500 0
072 I000500 582
072 J000500 234
072 K000500 0
072 L000500 89
072 M000500 30
072 N000500 58
072 O000500 0
072 P000500 0
072 Q000500 159
072 R000500 121
072 S000500 0
072 T000500 3267
072 U000500 0
072 V000500 0
072 W000500 74
072 X000500 13319
072 Y000500 508
072 Z000500 2936
072AA000500 176486
072BB000500 0
072CC010500 21114
072CC020500 0
072DD010500 3340
072DD020500 4
072EE000500 198727
073 A010500 0.0600
073 A020500 0.0000
073 B000500 3.8100
073 C000500 0.0000
074 A000500 18
074 B000500 185000
074 C000500 22953
074 D000500 0
074 E000500 0
074 F000500 1126565
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 5242
074 K000500 0
074 L000500 1370
074 M000500 21
074 N000500 1341169
<PAGE> PAGE 33
074 O000500 13423
074 P000500 604
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 192427
074 S000500 0
074 T000500 1134715
074 U010500 53282
074 U020500 9991
074 V010500 17.96
074 V020500 17.95
074 W000500 0.0000
074 X000500 15030
074 Y000500 0
075 A000500 0
075 B000500 1133042
076 000500 0.00
008 A000601 KEY ASSET MANAGEMENT, INC.
008 B000601 A
008 C000601 801-46878
008 D010601 CLEVELAND
008 D020601 OH
008 D030601 44114
015 A000601 KEYTRUST COMPANY OF OHIO
015 B000601 C
015 C010601 CLEVELAND
015 C020601 OH
015 C030601 44114
015 E030601 X
024 000600 Y
025 A000601 GOLDMAN SACHS
025 B000601 31-5108880
025 C000601 D
025 D000601 5000
025 A000602 MORGAN STANLEY DEAN WITTER
025 B000602 94-1671384
025 C000602 D
025 D000602 4000
025 A000603 GENERAL ELECTRIC CAPITAL CORP.
025 C000603 D
025 D000603 5853
025 A000604 LEHMAN BROTHERS
025 B000604 13-2518466
025 C000604 D
025 D000604 4729
025 A000605 DELETE
025 D000605 0
025 D000606 0
025 D000607 0
<PAGE> PAGE 34
025 D000608 0
028 A010600 748
028 A020600 232
028 A030600 0
028 A040600 1254
028 B010600 924
028 B020600 232
028 B030600 0
028 B040600 992
028 C010600 988
028 C020600 233
028 C030600 0
028 C040600 1251
028 D010600 840
028 D020600 230
028 D030600 0
028 D040600 1156
028 E010600 909
028 E020600 227
028 E030600 0
028 E040600 1733
028 F010600 732
028 F020600 103
028 F030600 0
028 F040600 30324
028 G010600 5141
028 G020600 1257
028 G030600 0
028 G040600 36710
028 H000600 0
029 000600 Y
030 A000600 1
030 B000600 2.00
030 C000600 0.00
031 A000600 0
031 B000600 0
032 000600 1
033 000600 0
034 000600 N
035 000600 0
036 B000600 0
037 000600 N
038 000600 0
039 000600 N
040 000600 N
041 000600 N
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 0
042 E000600 0
<PAGE> PAGE 35
042 F000600 0
042 G000600 0
042 H000600 0
043 000600 0
044 000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.500
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
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
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 Y
053 B000600 Y
053 C000600 N
055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
058 A000600 N
058 B000600 N
058 C000600 N
058 D000600 N
058 E000600 N
059 000600 Y
060 A000600 Y
060 B000600 Y
061 000600 500
<PAGE> PAGE 36
062 A000600 Y
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 9.4
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 25.4
062 N000600 16.0
062 O000600 0.0
062 P000600 19.2
062 Q000600 56.4
062 R000600 0.0
063 A000600 0
063 B000600 2.7
064 A000600 N
064 B000600 N
066 A000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 N
<PAGE> PAGE 37
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 Y
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600 143509
071 B000600 163436
071 C000600 65231
071 D000600 220
072 A000600 12
072 B000600 4570
072 C000600 0
072 D000600 0
072 E000600 20
072 F000600 373
072 G000600 115
072 H000600 0
072 I000600 9
072 J000600 49
072 K000600 0
072 L000600 4
072 M000600 2
072 N000600 12
072 O000600 0
072 P000600 0
072 Q000600 67
072 R000600 8
072 S000600 0
072 T000600 191
072 U000600 0
072 V000600 0
072 W000600 5
072 X000600 835
072 Y000600 98
072 Z000600 3853
072AA000600 0
072BB000600 1162
072CC010600 0
072CC020600 1429
072DD010600 3852
072DD020600 0
072EE000600 0
073 A010600 0.5000
073 A020600 0.0000
<PAGE> PAGE 38
073 B000600 0.0000
073 C000600 0.0000
074 A000600 0
074 B000600 13000
074 C000600 4463
074 D000600 42565
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 446
074 K000600 0
074 L000600 462
074 M000600 7
074 N000600 60943
074 O000600 390
074 P000600 25
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 13040
074 S000600 0
074 T000600 47488
074 U010600 4882
074 U020600 0
074 V010600 9.73
074 V020600 0.00
074 W000600 0.0000
074 X000600 254
074 Y000600 0
075 A000600 0
075 B000600 76579
076 000600 0.00
008 A000701 KEY ASSET MANAGEMENT, INC.
008 B000701 A
008 C000701 801-46878
008 D010701 CLEVELAND
008 D020701 OH
008 D030701 44114
015 A000701 KEYTRUST COMPANY OF OHIO
015 B000701 C
015 C010701 CLEVELAND
015 C020701 OH
015 C030701 44114
015 E030701 X
024 000700 N
028 A010700 3687
028 A020700 496
028 A030700 0
<PAGE> PAGE 39
028 A040700 3107
028 B010700 4752
028 B020700 494
028 B030700 0
028 B040700 4116
028 C010700 9706
028 C020700 504
028 C030700 0
028 C040700 3611
028 D010700 5642
028 D020700 493
028 D030700 0
028 D040700 6599
028 E010700 1358
028 E020700 488
028 E030700 0
028 E040700 4003
028 F010700 1449
028 F020700 485
028 F030700 0
028 F040700 4614
028 G010700 26594
028 G020700 2960
028 G030700 0
028 G040700 26050
028 H000700 1279
029 000700 Y
030 A000700 36
030 B000700 5.75
030 C000700 0.00
031 A000700 6
031 B000700 0
032 000700 30
033 000700 0
034 000700 N
035 000700 0
036 B000700 0
037 000700 N
038 000700 0
039 000700 N
040 000700 Y
041 000700 Y
042 A000700 0
042 B000700 0
042 C000700 0
042 D000700 100
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 0
043 000700 182
<PAGE> PAGE 40
044 000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.600
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 Y
053 B000700 Y
053 C000700 N
055 A000700 N
055 B000700 N
056 000700 Y
057 000700 N
058 A000700 N
058 B000700 N
058 C000700 N
058 D000700 N
058 E000700 N
059 000700 Y
060 A000700 N
060 B000700 N
061 000700 500
062 A000700 Y
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
<PAGE> PAGE 41
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 96.2
062 P000700 0.0
062 Q000700 0.0
062 R000700 1.6
063 A000700 0
063 B000700 7.0
064 A000700 Y
064 B000700 N
066 A000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 N
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
<PAGE> PAGE 42
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 Y
070 R020700 N
071 A000700 172709
071 B000700 166904
071 C000700 149021
071 D000700 112
072 A000700 12
072 B000700 7750
072 C000700 154
072 D000700 0
072 E000700 0
072 F000700 931
072 G000700 233
072 H000700 0
072 I000700 36
072 J000700 37
072 K000700 0
072 L000700 13
072 M000700 5
072 N000700 26
072 O000700 0
072 P000700 0
072 Q000700 74
072 R000700 11
072 S000700 0
072 T000700 379
072 U000700 0
072 V000700 0
072 W000700 8
072 X000700 1753
072 Y000700 344
072 Z000700 6495
072AA000700 0
072BB000700 523
072CC010700 0
072CC020700 7432
072DD010700 3392
072DD020700 3059
072EE000700 1285
073 A010700 0.4900
073 A020700 0.2800
073 B000700 0.1000
073 C000700 0.0800
074 A000700 0
074 B000700 0
<PAGE> PAGE 43
074 C000700 3128
074 D000700 190012
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 1833
074 K000700 3
074 L000700 3163
074 M000700 0
074 N000700 198139
074 O000700 500
074 P000700 74
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 123
074 S000700 0
074 T000700 197442
074 U010700 6750
074 U020700 11039
074 V010700 11.11
074 V020700 11.09
074 W000700 0.0000
074 X000700 1798
074 Y000700 0
075 A000700 0
075 B000700 155407
076 000700 0.00
008 A000801 KEY ASSET MANAGEMENT, INC.
008 B000801 A
008 C000801 801-46878
008 D010801 CLEVELAND
008 D020801 OH
008 D030801 44114
015 A000801 KEYTRUST COMPANY OF OHIO
015 B000801 C
015 C010801 CLEVELAND
015 C020801 OH
015 C030801 44114
015 E030801 X
024 000800 N
025 D000801 0
025 D000802 0
025 D000803 0
025 D000804 0
025 D000805 0
025 D000806 0
025 D000807 0
<PAGE> PAGE 44
025 D000808 0
028 A010800 709
028 A020800 255
028 A030800 0
028 A040800 1660
028 B010800 2767
028 B020800 258
028 B030800 0
028 B040800 1109
028 C010800 1128
028 C020800 266
028 C030800 0
028 C040800 1928
028 D010800 1204
028 D020800 258
028 D030800 0
028 D040800 2661
028 E010800 1675
028 E020800 261
028 E030800 0
028 E040800 2716
028 F010800 2213
028 F020800 264
028 F030800 0
028 F040800 2711
028 G010800 9696
028 G020800 1562
028 G030800 0
028 G040800 12785
028 H000800 130
029 000800 Y
030 A000800 14
030 B000800 5.75
030 C000800 0.00
031 A000800 2
031 B000800 0
032 000800 12
033 000800 0
034 000800 N
035 000800 0
036 B000800 0
037 000800 N
038 000800 0
039 000800 N
040 000800 N
041 000800 N
042 A000800 0
042 B000800 0
042 C000800 0
042 D000800 0
042 E000800 0
<PAGE> PAGE 45
042 F000800 0
042 G000800 0
042 H000800 0
043 000800 0
044 000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.500
048 A010800 0
048 A020800 0.000
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
048 J010800 0
048 J020800 0.000
048 K010800 0
048 K020800 0.000
049 000800 N
050 000800 N
051 000800 N
052 000800 N
053 A000800 Y
053 B000800 Y
053 C000800 N
055 A000800 Y
055 B000800 N
056 000800 Y
057 000800 N
058 A000800 N
058 B000800 N
058 C000800 N
058 D000800 N
058 E000800 N
059 000800 Y
060 A000800 Y
060 B000800 Y
061 000800 500
<PAGE> PAGE 46
062 A000800 Y
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 92.9
062 O000800 0.0
062 P000800 0.0
062 Q000800 6.5
062 R000800 0.0
063 A000800 0
063 B000800 7.0
064 A000800 N
064 B000800 N
066 A000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 Y
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 Y
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 N
070 L020800 N
<PAGE> PAGE 47
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 Y
070 R020800 N
071 A000800 272135
071 B000800 278134
071 C000800 99483
071 D000800 274
072 A000800 12
072 B000800 6855
072 C000800 0
072 D000800 0
072 E000800 0
072 F000800 515
072 G000800 154
072 H000800 0
072 I000800 12
072 J000800 68
072 K000800 0
072 L000800 4
072 M000800 3
072 N000800 13
072 O000800 0
072 P000800 0
072 Q000800 76
072 R000800 8
072 S000800 0
072 T000800 253
072 U000800 0
072 V000800 0
072 W000800 7
072 X000800 1113
072 Y000800 97
072 Z000800 5839
072AA000800 0
072BB000800 2539
072CC010800 0
072CC020800 1918
072DD010800 5768
072DD020800 0
072EE000800 0
073 A010800 0.6100
073 A020800 0.0000
<PAGE> PAGE 48
073 B000800 0.0000
073 C000800 0.0000
074 A000800 51
074 B000800 0
074 C000800 0
074 D000800 98709
074 E000800 0
074 F000800 0
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 13
074 K000800 0
074 L000800 624
074 M000800 7
074 N000800 99404
074 O000800 0
074 P000800 53
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 25
074 S000800 0
074 T000800 99326
074 U010800 9364
074 U020800 0
074 V010800 10.61
074 V020800 0.00
074 W000800 0.0000
074 X000800 313
074 Y000800 0
075 A000800 0
075 B000800 102958
076 000800 0.00
008 A000901 KEY ASSET MANAGEMENT, INC.
008 B000901 A
008 C000901 801-46878
008 D010901 CLEVELAND
008 D020901 OH
008 D030901 44114
008 A000902 INDOCAM INTERNATIONAL INVESTMENT SERVICES, SA
008 B000902 S
008 C000902 801-000000
008 D010902 PARIS
008 D050902 FRANCE
015 A000901 KEYTRUST COMPANY OF OHIO
015 B000901 C
015 C010901 CLEVELAND
015 C020901 OH
015 C030901 44114
<PAGE> PAGE 49
015 E030901 X
015 A000902 MORGAN STANLEY TRUST CO.
015 B000902 S
015 C010902 NEW YORK
015 C020902 NY
015 C030902 11201
015 E040902 X
024 000900 Y
025 A000901 GENERAL ELECTRIC CAPITAL CORP.
025 C000901 D
025 D000901 3404
025 D000902 0
025 D000903 0
025 D000904 0
025 D000905 0
025 D000906 0
025 D000907 0
025 D000908 0
028 A010900 15060
028 A020900 0
028 A030900 0
028 A040900 16024
028 B010900 3505
028 B020900 0
028 B030900 0
028 B040900 3589
028 C010900 3029
028 C020900 0
028 C030900 0
028 C040900 4176
028 D010900 2912
028 D020900 0
028 D030900 0
028 D040900 4117
028 E010900 4661
028 E020900 0
028 E030900 0
028 E040900 4281
028 F010900 10490
028 F020900 0
028 F030900 0
028 F040900 11149
028 G010900 39657
028 G020900 0
028 G030900 0
028 G040900 43336
028 H000900 431
029 000900 Y
030 A000900 3
030 B000900 5.75
030 C000900 0.00
<PAGE> PAGE 50
031 A000900 1
031 B000900 0
032 000900 2
033 000900 0
034 000900 Y
035 000900 1
036 A000900 N
036 B000900 0
037 000900 N
038 000900 0
039 000900 N
040 000900 Y
041 000900 Y
042 A000900 0
042 B000900 0
042 C000900 0
042 D000900 100
042 E000900 0
042 F000900 0
042 G000900 0
042 H000900 0
043 000900 105
044 000900 0
045 000900 Y
046 000900 Y
047 000900 Y
048 000900 1.100
048 A010900 0
048 A020900 0.000
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
048 D010900 0
048 D020900 0.000
048 E010900 0
048 E020900 0.000
048 F010900 0
048 F020900 0.000
048 G010900 0
048 G020900 0.000
048 H010900 0
048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
049 000900 N
050 000900 N
<PAGE> PAGE 51
051 000900 N
052 000900 N
053 A000900 Y
053 B000900 Y
055 A000900 Y
055 B000900 N
056 000900 Y
057 000900 N
058 A000900 N
058 B000900 N
058 C000900 N
058 D000900 N
058 E000900 N
059 000900 Y
060 A000900 Y
060 B000900 Y
061 000900 500
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000900 0
063 B000900 0.0
066 A000900 Y
066 B000900 N
066 C000900 N
066 D000900 Y
066 E000900 N
066 F000900 N
066 G000900 N
067 000900 N
068 A000900 N
068 B000900 Y
069 000900 N
070 A010900 Y
070 A020900 N
070 B010900 Y
<PAGE> PAGE 52
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 Y
070 R020900 N
071 A000900 171311
071 B000900 162777
071 C000900 153563
071 D000900 106
072 A000900 12
072 B000900 273
072 C000900 2186
072 D000900 0
072 E000900 -168
072 F000900 1733
072 G000900 236
072 H000900 0
072 I000900 132
072 J000900 314
072 K000900 0
072 L000900 10
072 M000900 4
072 N000900 35
<PAGE> PAGE 53
072 O000900 0
072 P000900 0
072 Q000900 77
072 R000900 25
072 S000900 0
072 T000900 427
072 U000900 0
072 V000900 0
072 W000900 3
072 X000900 2996
072 Y000900 188
072 Z000900 -517
072AA000900 21488
072BB000900 0
072CC010900 25036
072CC020900 0
072DD010900 0
072DD020900 0
072EE000900 4776
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.4800
073 C000900 0.0000
074 A000900 2199
074 B000900 0
074 C000900 3404
074 D000900 1316
074 E000900 0
074 F000900 181925
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 0
074 K000900 20
074 L000900 376
074 M000900 38
074 N000900 189278
074 O000900 1767
074 P000900 248
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 109
074 S000900 0
074 T000900 187154
074 U010900 9038
074 U020900 2265
074 V010900 16.51
074 V020900 16.48
074 W000900 0.0000
<PAGE> PAGE 54
074 X000900 1102
074 Y000900 211
075 A000900 0
075 B000900 157519
076 000900 0.00
008 A001001 KEY ASSET MANAGEMENT, INC.
008 B001001 A
008 C001001 801-46878
008 D011001 CLEVELAND
008 D021001 OH
008 D031001 44114
015 A001001 KEYTRUST COMPANY OF OH
015 B001001 C
015 C011001 CLEVELAND
015 C021001 OH
015 C031001 44114
015 E031001 X
024 001000 Y
025 A001001 GOLDMAN SACHS
025 B001001 13-5108880
025 C001001 D
025 D001001 7000
025 A001002 MERRIL LYNCH
025 B001002 13-5674085
025 C001002 D
025 D001002 5000
025 A001003 MORGAN STANLEY DEAN WITTER
025 B001003 94-1671384
025 C001003 D
025 D001003 10000
025 A001004 SALOMON SMITH BARNEY
025 B001004 11-2418191
025 C001004 D
025 D001004 10000
025 A001005 GENERAL ELECTRIC
025 C001005 E
025 D001005 19873
025 A001006 GENERAL ELECTRIC CAPITAL CORP.
025 C001006 D
025 D001006 5560
025 A001007 GOLDMAN SACHS
025 B001007 13-5108880
025 C001007 E
025 D001007 3223
025 D001008 0
028 A011000 5644
028 A021000 0
028 A031000 0
028 A041000 4405
028 B011000 3670
028 B021000 0
<PAGE> PAGE 55
028 B031000 0
028 B041000 4494
028 C011000 43799
028 C021000 0
028 C031000 0
028 C041000 8876
028 D011000 7016
028 D021000 0
028 D031000 0
028 D041000 4311
028 E011000 5400
028 E021000 0
028 E031000 0
028 E041000 2640
028 F011000 9374
028 F021000 0
028 F031000 0
028 F041000 5532
028 G011000 74903
028 G021000 0
028 G031000 0
028 G041000 30258
028 H001000 1156
029 001000 Y
030 A001000 183
030 B001000 5.75
030 C001000 0.00
031 A001000 28
031 B001000 0
032 001000 155
033 001000 0
034 001000 N
035 001000 0
036 B001000 0
037 001000 N
038 001000 0
039 001000 N
040 001000 N
041 001000 N
042 A001000 0
042 B001000 0
042 C001000 0
042 D001000 0
042 E001000 0
042 F001000 0
042 G001000 0
042 H001000 0
043 001000 0
044 001000 0
045 001000 Y
046 001000 N
<PAGE> PAGE 56
047 001000 Y
048 001000 1.000
048 A011000 0
048 A021000 0.000
048 B011000 0
048 B021000 0.000
048 C011000 0
048 C021000 0.000
048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 0
048 K021000 0.000
049 001000 N
050 001000 N
051 001000 N
052 001000 N
053 A001000 Y
053 B001000 Y
053 C001000 N
055 A001000 Y
055 B001000 N
056 001000 Y
057 001000 N
058 A001000 N
058 B001000 N
058 C001000 N
058 D001000 N
058 E001000 N
059 001000 Y
060 A001000 Y
060 B001000 Y
061 001000 500
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
<PAGE> PAGE 57
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
063 A001000 0
063 B001000 0.0
066 A001000 Y
066 B001000 N
066 C001000 N
066 D001000 Y
066 E001000 N
066 F001000 N
066 G001000 N
067 001000 N
068 A001000 N
068 B001000 N
069 001000 N
070 A011000 Y
070 A021000 N
070 B011000 Y
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 Y
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 Y
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 Y
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
<PAGE> PAGE 58
070 N021000 Y
070 O011000 Y
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 Y
070 R021000 N
071 A001000 194949
071 B001000 113594
071 C001000 345636
071 D001000 33
072 A001000 12
072 B001000 263
072 C001000 3956
072 D001000 0
072 E001000 9
072 F001000 3541
072 G001000 514
072 H001000 0
072 I001000 52
072 J001000 84
072 K001000 0
072 L001000 20
072 M001000 9
072 N001000 26
072 O001000 0
072 P001000 0
072 Q001000 79
072 R001000 28
072 S001000 0
072 T001000 879
072 U001000 0
072 V001000 0
072 W001000 18
072 X001000 5250
072 Y001000 280
072 Z001000 -742
072AA001000 20812
072BB001000 0
072CC011000 48341
072CC021000 0
072DD011000 0
072DD021000 0
072EE001000 22258
073 A011000 0.0000
073 A021000 0.0000
073 B001000 1.7700
073 C001000 0.0000
074 A001000 0
<PAGE> PAGE 59
074 B001000 32000
074 C001000 5560
074 D001000 0
074 E001000 0
074 F001000 414401
074 G001000 0
074 H001000 0
074 I001000 0
074 J001000 857
074 K001000 0
074 L001000 345
074 M001000 10
074 N001000 453173
074 O001000 3302
074 P001000 330
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 32124
074 S001000 0
074 T001000 417417
074 U011000 16891
074 U021000 0
074 V011000 24.71
074 V021000 0.00
074 W001000 0.0000
074 X001000 1011
074 Y001000 0
075 A001000 0
075 B001000 354518
076 001000 0.00
008 A001101 KEY ASSET MANAGEMENT, INC.
008 B001101 A
008 C001101 801-46878
008 D011101 CLEVELAND
008 D021101 OH
008 D031101 44114
015 A001101 KEYTRUST COMPANY OF OHIO
015 B001101 C
015 C011101 CLEVELAND
015 C021101 OH
015 C031101 44114
015 E031101 X
015 A001102 MORGAN STANLEY TRUST CO.
015 B001102 S
015 C011102 NEW YORK
015 C021102 NY
015 C031102 11201
015 E041102 X
024 001100 Y
<PAGE> PAGE 60
025 A001101 MORGAN STANLEY DEAN WITTER
025 B001101 94-1671384
025 C001101 D
025 D001101 7000
025 A001102 MERRILL LYNCH
025 B001102 13-5674085
025 C001102 D
025 D001102 10000
025 A001103 GOLDMAN SACHS
025 B001103 13-5108880
025 C001103 D
025 D001103 7000
025 A001104 SALOMON SMITH BARNEY
025 B001104 11-2418191
025 C001104 D
025 D001104 10000
025 A001105 LEHMAN BROTHERS
025 B001105 13-2518466
025 C001105 D
025 D001105 10938
025 A001106 HOUSEHOLD FINANCE
025 C001106 D
025 D001106 1283
025 A001107 FORD MOTOR CREDIT CORP.
025 C001107 D
025 D001107 1809
025 A001108 GENERAL ELECTRIC CAPITAL CORP.
025 C001108 D
025 D001108 20669
025 A001109 GENERAL ELECTRIC
025 C001109 E
025 D001109 6277
025 D001110 0
025 D001111 0
025 D001112 0
025 D001113 0
025 D001114 0
025 D001115 0
025 D001116 0
028 A011100 7251
028 A021100 665
028 A031100 0
028 A041100 18343
028 B011100 2207
028 B021100 654
028 B031100 0
028 B041100 5748
028 C011100 3695
028 C021100 649
028 C031100 0
028 C041100 9655
<PAGE> PAGE 61
028 D011100 2338
028 D021100 675
028 D031100 0
028 D041100 3726
028 E011100 2489
028 E021100 728
028 E031100 0
028 E041100 3626
028 F011100 10003
028 F021100 758
028 F031100 0
028 F041100 23711
028 G011100 27983
028 G021100 4129
028 G031100 0
028 G041100 64809
028 H001100 3635
029 001100 Y
030 A001100 97
030 B001100 5.75
030 C001100 0.00
031 A001100 15
031 B001100 0
032 001100 82
033 001100 0
034 001100 Y
035 001100 18
036 A001100 N
036 B001100 0
037 001100 N
038 001100 0
039 001100 N
040 001100 Y
041 001100 Y
042 A001100 0
042 B001100 0
042 C001100 0
042 D001100 100
042 E001100 0
042 F001100 0
042 G001100 0
042 H001100 0
043 001100 69
044 001100 0
045 001100 Y
046 001100 N
047 001100 Y
048 001100 1.000
048 A011100 0
048 A021100 0.000
048 B011100 0
<PAGE> PAGE 62
048 B021100 0.000
048 C011100 0
048 C021100 0.000
048 D011100 0
048 D021100 0.000
048 E011100 0
048 E021100 0.000
048 F011100 0
048 F021100 0.000
048 G011100 0
048 G021100 0.000
048 H011100 0
048 H021100 0.000
048 I011100 0
048 I021100 0.000
048 J011100 0
048 J021100 0.000
048 K011100 0
048 K021100 0.000
049 001100 N
050 001100 N
051 001100 N
052 001100 N
053 A001100 Y
053 B001100 Y
053 C001100 N
055 A001100 N
055 B001100 N
056 001100 Y
057 001100 N
058 A001100 N
058 B001100 N
058 C001100 N
058 D001100 N
058 E001100 N
059 001100 Y
060 A001100 Y
060 B001100 Y
061 001100 500
062 A001100 N
062 B001100 0.0
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 0.0
<PAGE> PAGE 63
062 M001100 0.0
062 N001100 0.0
062 O001100 0.0
062 P001100 0.0
062 Q001100 0.0
062 R001100 0.0
063 A001100 0
063 B001100 0.0
066 A001100 Y
066 B001100 N
066 C001100 N
066 D001100 N
066 E001100 Y
066 F001100 N
066 G001100 N
067 001100 Y
068 A001100 N
068 B001100 N
069 001100 N
070 A011100 Y
070 A021100 N
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 Y
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 Y
070 H021100 N
070 I011100 Y
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 N
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
070 N011100 Y
070 N021100 Y
070 O011100 Y
070 O021100 N
070 P011100 N
070 P021100 N
<PAGE> PAGE 64
070 Q011100 N
070 Q021100 N
070 R011100 Y
070 R021100 N
071 A001100 771679
071 B001100 759436
071 C001100 427794
071 D001100 177
072 A001100 12
072 B001100 11225
072 C001100 4173
072 D001100 0
072 E001100 27
072 F001100 4488
072 G001100 629
072 H001100 0
072 I001100 74
072 J001100 177
072 K001100 0
072 L001100 21
072 M001100 12
072 N001100 38
072 O001100 0
072 P001100 0
072 Q001100 156
072 R001100 33
072 S001100 0
072 T001100 1188
072 U001100 0
072 V001100 0
072 W001100 25
072 X001100 6841
072 Y001100 1041
072 Z001100 9625
072AA001100 36912
072BB001100 0
072CC011100 2520
072CC021100 0
072DD011100 9181
072DD021100 97
072EE001100 26725
073 A011100 0.3100
073 A021100 0.1600
073 B001100 0.9200
073 C001100 0.0000
074 A001100 0
074 B001100 54000
074 C001100 22214
074 D001100 162813
074 E001100 99
074 F001100 251204
<PAGE> PAGE 65
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 5029
074 K001100 0
074 L001100 2363
074 M001100 15
074 N001100 497737
074 O001100 4333
074 P001100 313
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 59418
074 S001100 0
074 T001100 433673
074 U011100 27987
074 U021100 734
074 V011100 15.10
074 V021100 15.10
074 W001100 0.0000
074 X001100 1873
074 Y001100 0
075 A001100 0
075 B001100 448873
076 001100 0.00
008 A001201 KEY ASSET MANAGEMENT, INC.
008 B001201 A
008 C001201 801-46878
008 D011201 CLEVELAND
008 D021201 OH
008 D031201 44114
015 A001201 KEYTRUST COMPANY OF OHIO
015 B001201 C
015 C011201 CLEVELAND
015 C021201 OH
015 C031201 44114
015 E031201 X
024 001200 Y
025 A001201 GENERAL ELECTRIC
025 C001201 E
025 D001201 15278
025 A001202 MERRILL LYNCH
025 B001202 13-5674085
025 C001202 D
025 D001202 8000
025 A001203 MORGAN STANLEY DEAN WITTER
025 B001203 94-1671384
025 C001203 D
025 D001203 8000
<PAGE> PAGE 66
025 A001204 GENERAL ELECTRIC CAPITAL CORP.
025 C001204 D
025 D001204 15133
025 A001205 GOLDMAN SACHS
025 B001205 13-5108880
025 C001205 D
025 D001205 5000
025 D001206 0
025 D001207 0
025 D001208 0
028 A011200 10078
028 A021200 0
028 A031200 0
028 A041200 8148
028 B011200 5640
028 B021200 118
028 B031200 0
028 B041200 9125
028 C011200 25730
028 C021200 0
028 C031200 0
028 C041200 22600
028 D011200 13829
028 D021200 0
028 D031200 4
028 D041200 6070
028 E011200 5895
028 E021200 455
028 E031200 0
028 E041200 5433
028 F011200 6849
028 F021200 0
028 F031200 0
028 F041200 10952
028 G011200 68021
028 G021200 573
028 G031200 4
028 G041200 62328
028 H001200 461
029 001200 Y
030 A001200 77
030 B001200 5.75
030 C001200 0.00
031 A001200 12
031 B001200 0
032 001200 65
033 001200 0
034 001200 N
035 001200 0
036 B001200 0
037 001200 N
<PAGE> PAGE 67
038 001200 0
039 001200 N
040 001200 N
041 001200 N
042 A001200 0
042 B001200 0
042 C001200 0
042 D001200 0
042 E001200 0
042 F001200 0
042 G001200 0
042 H001200 0
043 001200 0
044 001200 0
045 001200 Y
046 001200 N
047 001200 Y
048 001200 1.000
048 A011200 0
048 A021200 0.000
048 B011200 0
048 B021200 0.000
048 C011200 0
048 C021200 0.000
048 D011200 0
048 D021200 0.000
048 E011200 0
048 E021200 0.000
048 F011200 0
048 F021200 0.000
048 G011200 0
048 G021200 0.000
048 H011200 0
048 H021200 0.000
048 I011200 0
048 I021200 0.000
048 J011200 0
048 J021200 0.000
048 K011200 0
048 K021200 0.000
049 001200 N
050 001200 N
051 001200 N
052 001200 N
053 A001200 Y
053 B001200 Y
053 C001200 N
055 A001200 N
055 B001200 N
056 001200 Y
057 001200 N
<PAGE> PAGE 68
058 A001200 N
058 B001200 N
058 C001200 N
058 D001200 N
058 E001200 N
059 001200 Y
060 A001200 Y
060 B001200 Y
061 001200 500
062 A001200 N
062 B001200 0.0
062 C001200 0.0
062 D001200 0.0
062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 0.0
062 M001200 0.0
062 N001200 0.0
062 O001200 0.0
062 P001200 0.0
062 Q001200 0.0
062 R001200 0.0
063 A001200 0
063 B001200 0.0
066 A001200 Y
066 B001200 N
066 C001200 N
066 D001200 Y
066 E001200 N
066 F001200 N
066 G001200 N
067 001200 N
068 A001200 N
068 B001200 N
069 001200 N
070 A011200 Y
070 A021200 N
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
<PAGE> PAGE 69
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 Y
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 N
070 L011200 Y
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 Y
070 N021200 Y
070 O011200 Y
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 Y
070 R021200 N
071 A001200 204991
071 B001200 210626
071 C001200 574465
071 D001200 36
072 A001200 12
072 B001200 467
072 C001200 8892
072 D001200 0
072 E001200 56
072 F001200 5877
072 G001200 794
072 H001200 0
072 I001200 37
072 J001200 118
072 K001200 0
072 L001200 15
072 M001200 15
072 N001200 14
072 O001200 0
072 P001200 0
072 Q001200 97
072 R001200 44
072 S001200 0
072 T001200 1464
072 U001200 0
072 V001200 0
<PAGE> PAGE 70
072 W001200 36
072 X001200 8511
072 Y001200 281
072 Z001200 1185
072AA001200 70672
072BB001200 0
072CC011200 29655
072CC021200 0
072DD011200 1320
072DD021200 0
072EE001200 86132
073 A011200 0.0400
073 A021200 0.0000
073 B001200 3.1300
073 C001200 0.0000
074 A001200 0
074 B001200 34000
074 C001200 29055
074 D001200 0
074 E001200 0
074 F001200 598980
074 G001200 0
074 H001200 0
074 I001200 0
074 J001200 1165
074 K001200 0
074 L001200 635
074 M001200 13
074 N001200 663848
074 O001200 3811
074 P001200 499
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 48055
074 S001200 0
074 T001200 611483
074 U011200 32453
074 U021200 0
074 V011200 18.84
074 V021200 0.00
074 W001200 0.0000
074 X001200 232
074 Y001200 0
075 A001200 0
075 B001200 587926
076 001200 0.00
008 A001301 KEY ASSET MANAGEMENT, INC.
008 B001301 A
008 C001301 801-46878
<PAGE> PAGE 71
008 D011301 CLEVELAND
008 D021301 OH
008 D031301 44114
015 A001301 KEYTRUST COMPANY OF OHIO
015 B001301 C
015 C011301 CLEVELAND
015 C021301 OH
015 C031301 44114
015 E031301 X
024 001300 Y
025 A001301 GOLDMAN SACHS
025 B001301 13-5108880
025 C001301 D
025 D001301 15000
025 A001302 MERRILL LYNCH
025 B001302 13-5674085
025 C001302 E
025 D001302 1956
025 A001303 MORGAN STANLEY DEAN WITTER
025 B001303 94-1671384
025 C001303 D
025 D001303 20000
025 A001304 MORGAN STANLEY DEAN WITTER
025 B001304 94-1671384
025 C001304 E
025 D001304 4244
025 A001305 SALOMON SMITH BARNEY
025 B001305 11-2418191
025 C001305 D
025 D001305 15000
025 A001306 LEHMAN BROTHERS
025 B001306 13-2518466
025 C001306 D
025 D001306 20000
025 A001307 BEAR STEARNS
025 B001307 13-3299429
025 C001307 E
025 D001307 335
025 A001308 LEHMAN BROTHERS
025 B001308 13-2518466
025 C001308 E
025 D001308 596
025 A001309 GENERAL ELECTRIC CAPITAL CORP.
025 C001309 D
025 D001309 73444
025 A001310 GENERAL ELECTRIC
025 C001310 E
025 D001310 29983
025 A001311 ASSOCIATES CORP.
025 C001311 E
025 D001311 1792
<PAGE> PAGE 72
025 A001312 FORD MOTOR CREDIT CORP.
025 C001312 E
025 D001312 4477
025 A001313 PAINE WEBBER
025 B001313 13-2638166
025 C001313 E
025 D001313 400
025 D001314 0
025 D001315 0
025 D001316 0
028 A011300 13332
028 A021300 0
028 A031300 0
028 A041300 12006
028 B011300 13435
028 B021300 2479
028 B031300 0
028 B041300 11232
028 C011300 25105
028 C021300 0
028 C031300 0
028 C041300 5996
028 D011300 13263
028 D021300 0
028 D031300 0
028 D041300 8141
028 E011300 8651
028 E021300 2250
028 E031300 0
028 E041300 11763
028 F011300 18312
028 F021300 0
028 F031300 0
028 F041300 9920
028 G011300 92098
028 G021300 4729
028 G031300 0
028 G041300 59058
028 H001300 4277
029 001300 Y
030 A001300 189
030 B001300 5.75
030 C001300 0.00
031 A001300 29
031 B001300 0
032 001300 160
033 001300 0
034 001300 N
035 001300 0
036 B001300 0
037 001300 N
<PAGE> PAGE 73
038 001300 0
039 001300 N
040 001300 Y
041 001300 Y
042 A001300 0
042 B001300 0
042 C001300 0
042 D001300 100
042 E001300 0
042 F001300 0
042 G001300 0
042 H001300 0
043 001300 4
044 001300 0
045 001300 Y
046 001300 N
047 001300 Y
048 001300 0.600
048 A011300 0
048 A021300 0.000
048 B011300 0
048 B021300 0.000
048 C011300 0
048 C021300 0.000
048 D011300 0
048 D021300 0.000
048 E011300 0
048 E021300 0.000
048 F011300 0
048 F021300 0.000
048 G011300 0
048 G021300 0.000
048 H011300 0
048 H021300 0.000
048 I011300 0
048 I021300 0.000
048 J011300 0
048 J021300 0.000
048 K011300 0
048 K021300 0.000
049 001300 N
050 001300 N
051 001300 N
052 001300 N
053 A001300 Y
053 B001300 Y
053 C001300 N
055 A001300 N
055 B001300 N
056 001300 Y
057 001300 N
<PAGE> PAGE 74
058 A001300 N
058 B001300 N
058 C001300 N
058 D001300 N
058 E001300 N
059 001300 Y
060 A001300 Y
060 B001300 Y
061 001300 500
062 A001300 N
062 B001300 0.0
062 C001300 0.0
062 D001300 0.0
062 E001300 0.0
062 F001300 0.0
062 G001300 0.0
062 H001300 0.0
062 I001300 0.0
062 J001300 0.0
062 K001300 0.0
062 L001300 0.0
062 M001300 0.0
062 N001300 0.0
062 O001300 0.0
062 P001300 0.0
062 Q001300 0.0
062 R001300 0.0
063 A001300 0
063 B001300 0.0
066 A001300 Y
066 B001300 N
066 C001300 Y
066 D001300 N
066 E001300 N
066 F001300 N
066 G001300 N
067 001300 N
068 A001300 N
068 B001300 N
069 001300 Y
070 A011300 Y
070 A021300 N
070 B011300 Y
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 Y
070 E021300 N
070 F011300 Y
<PAGE> PAGE 75
070 F021300 Y
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 Y
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 N
070 L011300 N
070 L021300 N
070 M011300 N
070 M021300 N
070 N011300 Y
070 N021300 Y
070 O011300 Y
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 Y
070 R021300 N
071 A001300 183848
071 B001300 21307
071 C001300 662790
071 D001300 3
072 A001300 12
072 B001300 5644
072 C001300 8872
072 D001300 0
072 E001300 -12
072 F001300 4690
072 G001300 992
072 H001300 0
072 I001300 98
072 J001300 182
072 K001300 0
072 L001300 24
072 M001300 20
072 N001300 38
072 O001300 0
072 P001300 0
072 Q001300 156
072 R001300 65
072 S001300 0
072 T001300 4
072 U001300 0
072 V001300 0
<PAGE> PAGE 76
072 W001300 46
072 X001300 6315
072 Y001300 1845
072 Z001300 10034
072AA001300 40302
072BB001300 0
072CC011300 111423
072CC021300 0
072DD011300 10232
072DD021300 17
072EE001300 61389
073 A011300 0.2900
073 A021300 0.0600
073 B001300 2.0300
073 C001300 0.0000
074 A001300 0
074 B001300 90000
074 C001300 136873
074 D001300 0
074 E001300 0
074 F001300 760291
074 G001300 0
074 H001300 0
074 I001300 0
074 J001300 0
074 K001300 0
074 L001300 2831
074 M001300 24
074 N001300 990019
074 O001300 153
074 P001300 377
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 121872
074 S001300 0
074 T001300 867617
074 U011300 36589
074 U021300 400
074 V011300 23.46
074 V021300 23.46
074 W001300 0.0000
074 X001300 1464
074 Y001300 0
075 A001300 0
075 B001300 782386
076 001300 0.00
008 A001401 KEY ASSET MANAGEMENT, INC.
008 B001401 A
008 C001401 801-46878
<PAGE> PAGE 77
008 D011401 CLEVELAND
008 D021401 OH
008 D031401 44114
015 A001401 KEYTRUST COMPANY OF OHIO
015 B001401 C
015 C011401 CLEVELAND
015 C021401 OH
015 C031401 44114
015 E031401 X
024 001400 Y
025 A001401 GOLDMAN SACHS
025 B001401 13-5108880
025 C001401 D
025 D001401 5000
025 A001402 LEHMAN BROTHERS
025 B001402 13-2518466
025 C001402 D
025 D001402 5000
025 A001403 MORGAN STANLEY DEAN WITTER
025 B001403 94-1671384
025 C001403 D
025 D001403 3000
025 A001404 GENERAL ELECTRIC CAPITAL CORP.
025 C001404 D
025 D001404 9387
025 D001405 0
025 D001406 0
025 D001407 0
025 D001408 0
028 A011400 2046
028 A021400 0
028 A031400 0
028 A041400 7763
028 B011400 2072
028 B021400 231
028 B031400 0
028 B041400 8143
028 C011400 1538
028 C021400 0
028 C031400 0
028 C041400 10373
028 D011400 1934
028 D021400 0
028 D031400 0
028 D041400 8543
028 E011400 1357
028 E021400 239
028 E031400 0
028 E041400 5513
028 F011400 1005
028 F021400 0
<PAGE> PAGE 78
028 F031400 0
028 F041400 4365
028 G011400 9952
028 G021400 470
028 G031400 0
028 G041400 44700
028 H001400 922
029 001400 Y
030 A001400 12
030 B001400 5.75
030 C001400 0.00
031 A001400 2
031 B001400 0
032 001400 10
033 001400 0
034 001400 Y
035 001400 3
036 A001400 N
036 B001400 0
037 001400 N
038 001400 0
039 001400 N
040 001400 Y
041 001400 Y
042 A001400 0
042 B001400 0
042 C001400 0
042 D001400 100
042 E001400 0
042 F001400 0
042 G001400 0
042 H001400 0
043 001400 13
044 001400 0
045 001400 Y
046 001400 N
047 001400 Y
048 001400 1.000
048 A011400 0
048 A021400 0.000
048 B011400 0
048 B021400 0.000
048 C011400 0
048 C021400 0.000
048 D011400 0
048 D021400 0.000
048 E011400 0
048 E021400 0.000
048 F011400 0
048 F021400 0.000
048 G011400 0
<PAGE> PAGE 79
048 G021400 0.000
048 H011400 0
048 H021400 0.000
048 I011400 0
048 I021400 0.000
048 J011400 0
048 J021400 0.000
048 K011400 0
048 K021400 0.000
049 001400 N
050 001400 N
051 001400 N
052 001400 N
053 A001400 Y
053 B001400 Y
053 C001400 N
055 A001400 Y
055 B001400 N
056 001400 Y
057 001400 N
058 A001400 N
058 B001400 N
058 C001400 N
058 D001400 N
058 E001400 N
059 001400 Y
060 A001400 Y
060 B001400 Y
061 001400 500
062 A001400 N
062 B001400 0.0
062 C001400 0.0
062 D001400 0.0
062 E001400 0.0
062 F001400 0.0
062 G001400 0.0
062 H001400 0.0
062 I001400 0.0
062 J001400 0.0
062 K001400 0.0
062 L001400 0.0
062 M001400 0.0
062 N001400 0.0
062 O001400 0.0
062 P001400 0.0
062 Q001400 0.0
062 R001400 0.0
063 A001400 0
063 B001400 0.0
066 A001400 Y
066 B001400 N
<PAGE> PAGE 80
066 C001400 N
066 D001400 Y
066 E001400 N
066 F001400 N
066 G001400 N
067 001400 N
068 A001400 N
068 B001400 N
069 001400 N
070 A011400 Y
070 A021400 N
070 B011400 Y
070 B021400 N
070 C011400 Y
070 C021400 N
070 D011400 Y
070 D021400 N
070 E011400 Y
070 E021400 N
070 F011400 Y
070 F021400 N
070 G011400 Y
070 G021400 N
070 H011400 Y
070 H021400 N
070 I011400 Y
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 N
070 L011400 Y
070 L021400 N
070 M011400 N
070 M021400 N
070 N011400 Y
070 N021400 Y
070 O011400 Y
070 O021400 N
070 P011400 N
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 Y
070 R021400 N
071 A001400 118698
071 B001400 231066
071 C001400 279205
071 D001400 43
072 A001400 12
072 B001400 213
<PAGE> PAGE 81
072 C001400 5224
072 D001400 0
072 E001400 48
072 F001400 2838
072 G001400 422
072 H001400 0
072 I001400 126
072 J001400 85
072 K001400 0
072 L001400 16
072 M001400 8
072 N001400 31
072 O001400 0
072 P001400 0
072 Q001400 82
072 R001400 22
072 S001400 0
072 T001400 718
072 U001400 0
072 V001400 0
072 W001400 21
072 X001400 4369
072 Y001400 298
072 Z001400 1414
072AA001400 12285
072BB001400 0
072CC011400 0
072CC021400 10033
072DD011400 1724
072DD021400 0
072EE001400 14036
073 A011400 0.0800
073 A021400 0.0000
073 B001400 0.5800
073 C001400 0.0000
074 A001400 0
074 B001400 23000
074 C001400 11210
074 D001400 0
074 E001400 0
074 F001400 227399
074 G001400 0
074 H001400 0
074 I001400 0
074 J001400 2462
074 K001400 1
074 L001400 225
074 M001400 41
074 N001400 264338
074 O001400 5552
074 P001400 218
<PAGE> PAGE 82
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 24965
074 S001400 0
074 T001400 233603
074 U011400 17740
074 U021400 104
074 V011400 13.09
074 V021400 12.75
074 W001400 0.0000
074 X001400 2752
074 Y001400 0
075 A001400 0
075 B001400 283446
076 001400 0.00
008 A001501 KEY ASSET MANAGEMENT, INC.
008 B001501 A
008 C001501 801-46878
008 D011501 CLEVELAND
008 D021501 OH
008 D031501 44114
015 A001501 KEYTRUST COMPANY OF OHIO
015 B001501 C
015 C011501 CLEVELAND
015 C021501 OH
015 C031501 44114
015 E031501 X
024 001500 Y
025 A001501 MERRILL LYNCH
025 B001501 13-5674085
025 C001501 D
025 D001501 2000
025 A001502 MORGAN STANLEY DEAN WITTER
025 B001502 94-1671384
025 C001502 D
025 D001502 2000
025 A001503 LEHMAN BROTHERS
025 B001503 13-2518466
025 C001503 D
025 D001503 2000
025 A001504 GOLDMAN SACHS
025 B001504 13-5108880
025 C001504 D
025 D001504 2000
025 A001505 GENERAL ELECTRIC CAPITAL CORP.
025 C001505 D
025 D001505 3227
025 D001506 0
025 D001507 0
<PAGE> PAGE 83
025 D001508 0
028 A011500 5009
028 A021500 0
028 A031500 0
028 A041500 8659
028 B011500 5591
028 B021500 0
028 B031500 0
028 B041500 6993
028 C011500 5253
028 C021500 0
028 C031500 0
028 C041500 9407
028 D011500 3083
028 D021500 0
028 D031500 0
028 D041500 10589
028 E011500 6280
028 E021500 0
028 E031500 0
028 E041500 15158
028 F011500 2385
028 F021500 0
028 F031500 0
028 F041500 6480
028 G011500 27601
028 G021500 0
028 G031500 0
028 G041500 57286
028 H001500 675
029 001500 Y
030 A001500 6
030 B001500 5.75
030 C001500 0.00
031 A001500 1
031 B001500 0
032 001500 5
033 001500 0
034 001500 N
035 001500 0
036 B001500 0
037 001500 N
038 001500 0
039 001500 N
040 001500 Y
041 001500 Y
042 A001500 0
042 B001500 0
042 C001500 0
042 D001500 100
042 E001500 0
<PAGE> PAGE 84
042 F001500 0
042 G001500 0
042 H001500 0
043 001500 353
044 001500 0
045 001500 Y
046 001500 N
047 001500 Y
048 001500 0.000
048 A011500 100000
048 A021500 0.650
048 B011500 100000
048 B021500 0.550
048 C011500 0
048 C021500 0.000
048 D011500 0
048 D021500 0.000
048 E011500 0
048 E021500 0.000
048 F011500 0
048 F021500 0.000
048 G011500 0
048 G021500 0.000
048 H011500 0
048 H021500 0.000
048 I011500 0
048 I021500 0.000
048 J011500 0
048 J021500 0.000
048 K011500 200000
048 K021500 0.450
049 001500 N
050 001500 N
051 001500 N
052 001500 N
053 A001500 Y
053 B001500 Y
053 C001500 N
055 A001500 N
055 B001500 N
056 001500 Y
057 001500 N
058 A001500 N
058 B001500 N
058 C001500 N
058 D001500 N
058 E001500 N
059 001500 Y
060 A001500 Y
060 B001500 Y
061 001500 500
<PAGE> PAGE 85
062 A001500 N
062 B001500 0.0
062 C001500 0.0
062 D001500 0.0
062 E001500 0.0
062 F001500 0.0
062 G001500 0.0
062 H001500 0.0
062 I001500 0.0
062 J001500 0.0
062 K001500 0.0
062 L001500 0.0
062 M001500 0.0
062 N001500 0.0
062 O001500 0.0
062 P001500 0.0
062 Q001500 0.0
062 R001500 0.0
063 A001500 0
063 B001500 0.0
066 A001500 Y
066 B001500 N
066 C001500 Y
066 D001500 N
066 E001500 N
066 F001500 N
066 G001500 N
067 001500 N
068 A001500 N
068 B001500 N
069 001500 N
070 A011500 Y
070 A021500 N
070 B011500 Y
070 B021500 N
070 C011500 Y
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 Y
070 F021500 N
070 G011500 Y
070 G021500 N
070 H011500 Y
070 H021500 N
070 I011500 Y
070 I021500 N
070 J011500 Y
070 J021500 N
<PAGE> PAGE 86
070 K011500 Y
070 K021500 N
070 L011500 Y
070 L021500 N
070 M011500 N
070 M021500 N
070 N011500 Y
070 N021500 Y
070 O011500 Y
070 O021500 N
070 P011500 N
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 Y
070 R021500 N
071 A001500 28721
071 B001500 57910
071 C001500 178137
071 D001500 16
072 A001500 12
072 B001500 112
072 C001500 837
072 D001500 0
072 E001500 11
072 F001500 649
072 G001500 161
072 H001500 0
072 I001500 77
072 J001500 28
072 K001500 0
072 L001500 26
072 M001500 3
072 N001500 16
072 O001500 0
072 P001500 0
072 Q001500 43
072 R001500 23
072 S001500 0
072 T001500 443
072 U001500 0
072 V001500 0
072 W001500 4
072 X001500 1473
072 Y001500 202
072 Z001500 -311
072AA001500 1814
072BB001500 0
072CC011500 2716
072CC021500 0
072DD011500 0
<PAGE> PAGE 87
072DD021500 0
072EE001500 0
073 A011500 0.0000
073 A021500 0.0000
073 B001500 0.0000
073 C001500 0.0000
074 A001500 0
074 B001500 8000
074 C001500 11307
074 D001500 0
074 E001500 0
074 F001500 152986
074 G001500 0
074 H001500 0
074 I001500 0
074 J001500 1209
074 K001500 2
074 L001500 135
074 M001500 37
074 N001500 173676
074 O001500 0
074 P001500 89
074 Q001500 0
074 R011500 0
074 R021500 0
074 R031500 0
074 R041500 16573
074 S001500 0
074 T001500 157014
074 U011500 2448
074 U021500 5011
074 V011500 21.08
074 V021500 21.04
074 W001500 0.0000
074 X001500 3808
074 Y001500 0
075 A001500 0
075 B001500 183114
076 001500 0.00
008 A001601 KEY ASSET MANAGEMENT, INC.
008 B001601 A
008 C001601 801-46878
008 D011601 CLEVELAND
008 D021601 OH
008 D031601 44114
015 A001601 KEYTRUST COMPANY OF OHIO
015 B001601 C
015 C011601 CLEVELAND
015 C021601 OH
015 C031601 44114
015 E031601 X
<PAGE> PAGE 88
024 001600 Y
025 A001601 SALOMON SMITH BARNEY
025 B001601 11-2418191
025 C001601 D
025 D001601 5000
025 A001602 GENERAL ELECTRIC CAPITAL CORP.
025 C001602 D
025 D001602 3676
025 A001603 LEHMAN BROTHERS
025 B001603 13-2518466
025 C001603 D
025 D001603 5923
025 A001604 FORD MOTOR CREDIT CORP.
025 C001604 D
025 D001604 1241
025 A001605 HOUSEHOLD FINANCE
025 C001605 D
025 D001605 974
025 D001606 0
025 D001607 0
025 D001608 0
028 A011600 2437
028 A021600 455
028 A031600 0
028 A041600 5101
028 B011600 4343
028 B021600 461
028 B031600 0
028 B041600 6037
028 C011600 2882
028 C021600 475
028 C031600 0
028 C041600 4050
028 D011600 1970
028 D021600 460
028 D031600 0
028 D041600 6970
028 E011600 1484
028 E021600 463
028 E031600 0
028 E041600 2896
028 F011600 1918
028 F021600 462
028 F031600 0
028 F041600 4471
028 G011600 15034
028 G021600 2776
028 G031600 0
028 G041600 29525
028 H001600 54
029 001600 Y
<PAGE> PAGE 89
030 A001600 14
030 B001600 5.75
030 C001600 0.00
031 A001600 2
031 B001600 0
032 001600 12
033 001600 0
034 001600 N
035 001600 0
036 B001600 0
037 001600 N
038 001600 0
039 001600 N
040 001600 N
041 001600 N
042 A001600 0
042 B001600 0
042 C001600 0
042 D001600 0
042 E001600 0
042 F001600 0
042 G001600 0
042 H001600 0
043 001600 0
044 001600 0
045 001600 Y
046 001600 N
047 001600 Y
048 001600 0.750
048 A011600 0
048 A021600 0.000
048 B011600 0
048 B021600 0.000
048 C011600 0
048 C021600 0.000
048 D011600 0
048 D021600 0.000
048 E011600 0
048 E021600 0.000
048 F011600 0
048 F021600 0.000
048 G011600 0
048 G021600 0.000
048 H011600 0
048 H021600 0.000
048 I011600 0
048 I021600 0.000
048 J011600 0
048 J021600 0.000
048 K011600 0
048 K021600 0.000
<PAGE> PAGE 90
049 001600 N
050 001600 N
051 001600 N
052 001600 N
053 A001600 Y
053 B001600 Y
053 C001600 N
055 A001600 Y
055 B001600 N
056 001600 Y
057 001600 N
058 A001600 N
058 B001600 N
058 C001600 N
058 D001600 N
058 E001600 N
059 001600 Y
060 A001600 Y
060 B001600 Y
061 001600 500
062 A001600 Y
062 B001600 0.0
062 C001600 0.0
062 D001600 0.0
062 E001600 0.0
062 F001600 0.0
062 G001600 0.0
062 H001600 0.0
062 I001600 0.2
062 J001600 0.0
062 K001600 0.0
062 L001600 0.0
062 M001600 14.3
062 N001600 36.1
062 O001600 0.0
062 P001600 37.8
062 Q001600 23.3
062 R001600 0.0
063 A001600 0
063 B001600 8.6
064 A001600 N
064 B001600 N
066 A001600 N
067 001600 N
068 A001600 N
068 B001600 N
069 001600 N
070 A011600 Y
070 A021600 N
070 B011600 Y
070 B021600 N
<PAGE> PAGE 91
070 C011600 Y
070 C021600 N
070 D011600 Y
070 D021600 N
070 E011600 Y
070 E021600 N
070 F011600 Y
070 F021600 N
070 G011600 Y
070 G021600 N
070 H011600 Y
070 H021600 N
070 I011600 Y
070 I021600 N
070 J011600 Y
070 J021600 N
070 K011600 Y
070 K021600 N
070 L011600 Y
070 L021600 N
070 M011600 Y
070 M021600 N
070 N011600 Y
070 N021600 Y
070 O011600 Y
070 O021600 N
070 P011600 N
070 P021600 N
070 Q011600 N
070 Q021600 N
070 R011600 Y
070 R021600 N
071 A001600 602182
071 B001600 612254
071 C001600 151171
071 D001600 398
072 A001600 12
072 B001600 10115
072 C001600 0
072 D001600 0
072 E001600 55
072 F001600 1169
072 G001600 234
072 H001600 0
072 I001600 62
072 J001600 87
072 K001600 0
072 L001600 13
072 M001600 4
072 N001600 18
072 O001600 0
<PAGE> PAGE 92
072 P001600 0
072 Q001600 94
072 R001600 11
072 S001600 0
072 T001600 388
072 U001600 0
072 V001600 0
072 W001600 11
072 X001600 2091
072 Y001600 390
072 Z001600 8469
072AA001600 0
072BB001600 6618
072CC011600 0
072CC021600 3689
072DD011600 8392
072DD021600 0
072EE001600 0
073 A011600 0.5300
073 A021600 0.0000
073 B001600 0.0000
073 C001600 0.0000
074 A001600 0
074 B001600 10000
074 C001600 8502
074 D001600 139363
074 E001600 0
074 F001600 0
074 G001600 0
074 H001600 0
074 I001600 0
074 J001600 4089
074 K001600 0
074 L001600 1734
074 M001600 7
074 N001600 163695
074 O001600 4106
074 P001600 72
074 Q001600 0
074 R011600 0
074 R021600 0
074 R031600 0
074 R041600 18555
074 S001600 0
074 T001600 140962
074 U011600 15052
074 U021600 0
074 V011600 9.37
074 V021600 0.00
074 W001600 0.0000
074 X001600 1774
<PAGE> PAGE 93
074 Y001600 0
075 A001600 0
075 B001600 155814
076 001600 0.00
008 A001701 KEY ASSET MANAGEMENT, INC.
008 B001701 A
008 C001701 801-46878
008 D011701 CLEVELAND
008 D021701 OH
008 D031701 44114
015 A001701 KEYTRUST COMPANY OF OHIO
015 B001701 C
015 C011701 CLEVELAND
015 C021701 OH
015 C031701 44114
015 E031701 X
024 001700 Y
025 A001701 MORGAN STANLEY DEAN WITTER
025 B001701 94-1671384
025 C001701 D
025 D001701 5000
025 A001702 GOLDMAN SACHS
025 B001702 13-5108880
025 C001702 D
025 D001702 5000
025 A001703 MERRILL LYNCH
025 B001703 13-5674085
025 C001703 D
025 D001703 5000
025 A001704 FORD MOTOR CORP.
025 C001704 D
025 D001704 3565
025 A001705 HOUSEHOLD FINANCE
025 C001705 D
025 D001705 1908
025 A001706 LEHMAN BROTHERS
025 B001706 13-2518466
025 C001706 D
025 D001706 5501
025 A001707 GENERAL ELECTRIC CAPITAL CORP.
025 C001707 D
025 D001707 16807
025 A001708 ASSOCIATES CORP.
025 C001708 D
025 D001708 936
028 A011700 1439
028 A021700 743
028 A031700 0
028 A041700 5985
028 B011700 4541
028 B021700 760
<PAGE> PAGE 94
028 B031700 0
028 B041700 3634
028 C011700 4441
028 C021700 763
028 C031700 0
028 C041700 5723
028 D011700 2222
028 D021700 758
028 D031700 0
028 D041700 9666
028 E011700 2244
028 E021700 750
028 E031700 0
028 E041700 8168
028 F011700 2058
028 F021700 742
028 F031700 0
028 F041700 3861
028 G011700 16945
028 G021700 4516
028 G031700 0
028 G041700 37037
028 H001700 18
029 001700 Y
030 A001700 16
030 B001700 5.75
030 C001700 0.00
031 A001700 2
031 B001700 0
032 001700 14
033 001700 0
034 001700 N
035 001700 0
036 B001700 0
037 001700 N
038 001700 0
039 001700 N
040 001700 N
041 001700 N
042 A001700 0
042 B001700 0
042 C001700 0
042 D001700 0
042 E001700 0
042 F001700 0
042 G001700 0
042 H001700 0
043 001700 0
044 001700 0
045 001700 Y
046 001700 N
<PAGE> PAGE 95
047 001700 Y
048 001700 0.750
048 A011700 0
048 A021700 0.000
048 B011700 0
048 B021700 0.000
048 C011700 0
048 C021700 0.000
048 D011700 0
048 D021700 0.000
048 E011700 0
048 E021700 0.000
048 F011700 0
048 F021700 0.000
048 G011700 0
048 G021700 0.000
048 H011700 0
048 H021700 0.000
048 I011700 0
048 I021700 0.000
048 J011700 0
048 J021700 0.000
048 K011700 0
048 K021700 0.000
049 001700 N
050 001700 N
051 001700 N
052 001700 N
053 A001700 Y
053 B001700 Y
053 C001700 N
055 A001700 Y
055 B001700 N
056 001700 Y
057 001700 N
058 A001700 N
058 B001700 N
058 C001700 N
058 D001700 N
058 E001700 N
059 001700 Y
060 A001700 Y
060 B001700 Y
061 001700 500
062 A001700 Y
062 B001700 0.0
062 C001700 0.0
062 D001700 0.0
062 E001700 0.0
062 F001700 0.0
062 G001700 0.0
<PAGE> PAGE 96
062 H001700 0.0
062 I001700 3.9
062 J001700 0.0
062 K001700 0.0
062 L001700 0.0
062 M001700 15.2
062 N001700 19.6
062 O001700 0.0
062 P001700 51.8
062 Q001700 25.0
062 R001700 0.0
063 A001700 0
063 B001700 4.7
064 A001700 N
064 B001700 N
066 A001700 N
067 001700 N
068 A001700 N
068 B001700 N
069 001700 N
070 A011700 Y
070 A021700 N
070 B011700 Y
070 B021700 N
070 C011700 Y
070 C021700 N
070 D011700 Y
070 D021700 N
070 E011700 Y
070 E021700 N
070 F011700 Y
070 F021700 N
070 G011700 Y
070 G021700 N
070 H011700 Y
070 H021700 N
070 I011700 Y
070 I021700 N
070 J011700 Y
070 J021700 N
070 K011700 Y
070 K021700 N
070 L011700 Y
070 L021700 N
070 M011700 N
070 M021700 N
070 N011700 Y
070 N021700 Y
070 O011700 Y
070 O021700 N
070 P011700 N
<PAGE> PAGE 97
070 P021700 N
070 Q011700 N
070 Q021700 N
070 R011700 Y
070 R021700 N
071 A001700 691063
071 B001700 715687
071 C001700 227908
071 D001700 303
072 A001700 12
072 B001700 15144
072 C001700 0
072 D001700 0
072 E001700 71
072 F001700 1824
072 G001700 365
072 H001700 0
072 I001700 19
072 J001700 87
072 K001700 0
072 L001700 10
072 M001700 6
072 N001700 17
072 O001700 0
072 P001700 0
072 Q001700 100
072 R001700 18
072 S001700 0
072 T001700 608
072 U001700 0
072 V001700 0
072 W001700 16
072 X001700 3070
072 Y001700 640
072 Z001700 12785
072AA001700 0
072BB001700 5275
072CC011700 0
072CC021700 8183
072DD011700 12677
072DD021700 0
072EE001700 298
073 A011700 0.5000
073 A021700 0.0000
073 B001700 0.0100
073 C001700 0.0000
074 A001700 0
074 B001700 25000
074 C001700 21440
074 D001700 212519
074 E001700 0
<PAGE> PAGE 98
074 F001700 0
074 G001700 0
074 H001700 0
074 I001700 0
074 J001700 4060
074 K001700 0
074 L001700 3141
074 M001700 11
074 N001700 266171
074 O001700 4020
074 P001700 113
074 Q001700 0
074 R011700 0
074 R021700 0
074 R031700 0
074 R041700 37848
074 S001700 0
074 T001700 224190
074 U011700 24056
074 U021700 0
074 V011700 9.32
074 V021700 0.00
074 W001700 0.0000
074 X001700 245
074 Y001700 0
075 A001700 0
075 B001700 243135
076 001700 0.00
008 A001801 KEY ASSET MANAGEMENT, INC.
008 B001801 A
008 C001801 801-46878
008 D011801 CLEVELAND
008 D021801 OH
008 D031801 44114
015 A001801 KEYTRUST COMPANY OF OHIO
015 B001801 C
015 C011801 CLEVELAND
015 C021801 OH
015 C031801 44114
015 E031801 X
024 001800 N
025 D001801 0
025 D001802 0
025 D001803 0
025 D001804 0
025 D001805 0
025 D001806 0
025 D001807 0
025 D001808 0
028 A011800 8383
028 A021800 942
<PAGE> PAGE 99
028 A031800 0
028 A041800 3697
028 B011800 19540
028 B021800 984
028 B031800 0
028 B041800 8204
028 C011800 32626
028 C021800 1042
028 C031800 0
028 C041800 8089
028 D011800 9062
028 D021800 1057
028 D031800 0
028 D041800 8402
028 E011800 8272
028 E021800 1102
028 E031800 0
028 E041800 6324
028 F011800 3948
028 F021800 1110
028 F031800 0
028 F041800 6448
028 G011800 81831
028 G021800 6237
028 G031800 0
028 G041800 41164
028 H001800 148
029 001800 Y
030 A001800 14
030 B001800 2.00
030 C001800 0.00
031 A001800 6
031 B001800 0
032 001800 8
033 001800 0
034 001800 N
035 001800 0
036 B001800 0
037 001800 N
038 001800 0
039 001800 N
040 001800 Y
041 001800 Y
042 A001800 0
042 B001800 0
042 C001800 0
042 D001800 100
042 E001800 0
042 F001800 0
042 G001800 0
042 H001800 0
<PAGE> PAGE 100
043 001800 363
044 001800 0
045 001800 Y
046 001800 N
047 001800 Y
048 001800 0.500
048 A011800 0
048 A021800 0.000
048 B011800 0
048 B021800 0.000
048 C011800 0
048 C021800 0.000
048 D011800 0
048 D021800 0.000
048 E011800 0
048 E021800 0.000
048 F011800 0
048 F021800 0.000
048 G011800 0
048 G021800 0.000
048 H011800 0
048 H021800 0.000
048 I011800 0
048 I021800 0.000
048 J011800 0
048 J021800 0.000
048 K011800 0
048 K021800 0.000
049 001800 N
050 001800 N
051 001800 N
052 001800 N
053 A001800 Y
053 B001800 Y
053 C001800 N
055 A001800 Y
055 B001800 N
056 001800 Y
057 001800 N
058 A001800 N
058 B001800 N
058 C001800 N
058 D001800 N
058 E001800 N
059 001800 Y
060 A001800 Y
060 B001800 Y
061 001800 500
062 A001800 Y
062 B001800 0.0
062 C001800 0.0
<PAGE> PAGE 101
062 D001800 0.0
062 E001800 0.0
062 F001800 0.0
062 G001800 0.0
062 H001800 0.0
062 I001800 0.0
062 J001800 0.0
062 K001800 0.0
062 L001800 0.0
062 M001800 14.7
062 N001800 61.7
062 O001800 0.0
062 P001800 0.0
062 Q001800 22.7
062 R001800 0.1
063 A001800 0
063 B001800 7.4
064 A001800 N
064 B001800 N
066 A001800 N
067 001800 N
068 A001800 N
068 B001800 N
069 001800 N
070 A011800 Y
070 A021800 N
070 B011800 N
070 B021800 N
070 C011800 N
070 C021800 N
070 D011800 N
070 D021800 N
070 E011800 N
070 E021800 N
070 F011800 N
070 F021800 N
070 G011800 N
070 G021800 N
070 H011800 N
070 H021800 N
070 I011800 N
070 I021800 N
070 J011800 N
070 J021800 N
070 K011800 Y
070 K021800 N
070 L011800 N
070 L021800 N
070 M011800 N
070 M021800 N
070 N011800 Y
<PAGE> PAGE 102
070 N021800 N
070 O011800 Y
070 O021800 N
070 P011800 N
070 P021800 N
070 Q011800 N
070 Q021800 N
070 R011800 Y
070 R021800 N
071 A001800 87558
071 B001800 47338
071 C001800 197241
071 D001800 24
072 A001800 12
072 B001800 11622
072 C001800 0
072 D001800 0
072 E001800 0
072 F001800 827
072 G001800 206
072 H001800 0
072 I001800 83
072 J001800 52
072 K001800 0
072 L001800 23
072 M001800 7
072 N001800 16
072 O001800 0
072 P001800 0
072 Q001800 68
072 R001800 47
072 S001800 0
072 T001800 419
072 U001800 0
072 V001800 0
072 W001800 13
072 X001800 1761
072 Y001800 280
072 Z001800 10141
072AA001800 0
072BB001800 1816
072CC011800 0
072CC021800 7522
072DD011800 1239
072DD021800 8850
072EE001800 0
073 A011800 0.4500
073 A021800 0.6600
073 B001800 0.0000
073 C001800 0.0000
074 A001800 0
<PAGE> PAGE 103
074 B001800 0
074 C001800 178
074 D001800 230597
074 E001800 0
074 F001800 0
074 G001800 0
074 H001800 0
074 I001800 0
074 J001800 0
074 K001800 9
074 L001800 2131
074 M001800 26
074 N001800 232941
074 O001800 0
074 P001800 101
074 Q001800 0
074 R011800 0
074 R021800 0
074 R031800 0
074 R041800 148
074 S001800 0
074 T001800 232692
074 U011800 3149
074 U021800 15052
074 V011800 12.79
074 V021800 12.78
074 W001800 0.0000
074 X001800 4692
074 Y001800 0
075 A001800 0
075 B001800 195932
076 001800 0.00
008 A001901 KEY ASSET MANAGEMENT, INC.
008 B001901 A
008 C001901 801-46878
008 D011901 CLEVELAND
008 D021901 OH
008 D031901 44114
015 A001901 KEYTRUST COMPANY OF OHIO
015 B001901 C
015 C011901 CLEVELAND
015 C021901 OH
015 C031901 44114
015 E031901 X
024 001900 N
028 A011900 576
028 A021900 106
028 A031900 0
028 A041900 1558
028 B011900 1338
028 B021900 107
<PAGE> PAGE 104
028 B031900 0
028 B041900 1841
028 C011900 443
028 C021900 104
028 C031900 0
028 C041900 2808
028 D011900 234
028 D021900 98
028 D031900 0
028 D041900 1544
028 E011900 662
028 E021900 91
028 E031900 0
028 E041900 2288
028 F011900 249
028 F021900 88
028 F031900 0
028 F041900 1933
028 G011900 3502
028 G021900 594
028 G031900 0
028 G041900 11972
028 H001900 693
029 001900 Y
030 A001900 16
030 B001900 5.75
030 C001900 0.00
031 A001900 3
031 B001900 0
032 001900 13
033 001900 0
034 001900 Y
035 001900 3
036 A001900 N
036 B001900 0
037 001900 N
038 001900 0
039 001900 N
040 001900 Y
041 001900 Y
042 A001900 0
042 B001900 0
042 C001900 0
042 D001900 100
042 E001900 0
042 F001900 0
042 G001900 0
042 H001900 0
043 001900 20
044 001900 0
045 001900 Y
<PAGE> PAGE 105
046 001900 N
047 001900 Y
048 001900 0.550
048 A011900 0
048 A021900 0.000
048 B011900 0
048 B021900 0.000
048 C011900 0
048 C021900 0.000
048 D011900 0
048 D021900 0.000
048 E011900 0
048 E021900 0.000
048 F011900 0
048 F021900 0.000
048 G011900 0
048 G021900 0.000
048 H011900 0
048 H021900 0.000
048 I011900 0
048 I021900 0.000
048 J011900 0
048 J021900 0.000
048 K011900 0
048 K021900 0.000
049 001900 N
050 001900 N
051 001900 N
052 001900 N
053 A001900 Y
053 B001900 Y
053 C001900 N
055 A001900 Y
055 B001900 N
056 001900 Y
057 001900 N
058 A001900 N
058 B001900 N
058 C001900 N
058 D001900 N
058 E001900 N
059 001900 Y
060 A001900 N
060 B001900 N
061 001900 500
062 A001900 Y
062 B001900 0.0
062 C001900 0.0
062 D001900 0.0
062 E001900 0.0
062 F001900 0.0
<PAGE> PAGE 106
062 G001900 0.0
062 H001900 0.0
062 I001900 0.0
062 J001900 0.0
062 K001900 0.0
062 L001900 0.0
062 M001900 0.0
062 N001900 0.0
062 O001900 101.9
062 P001900 0.0
062 Q001900 0.0
062 R001900 3.5
063 A001900 0
063 B001900 5.6
064 A001900 Y
064 B001900 N
066 A001900 N
067 001900 N
068 A001900 N
068 B001900 N
069 001900 N
070 A011900 Y
070 A021900 N
070 B011900 N
070 B021900 N
070 C011900 N
070 C021900 N
070 D011900 N
070 D021900 N
070 E011900 Y
070 E021900 N
070 F011900 Y
070 F021900 N
070 G011900 Y
070 G021900 N
070 H011900 Y
070 H021900 N
070 I011900 Y
070 I021900 N
070 J011900 Y
070 J021900 N
070 K011900 Y
070 K021900 Y
070 L011900 N
070 L021900 N
070 M011900 N
070 M021900 N
070 N011900 Y
070 N021900 N
070 O011900 Y
070 O021900 N
<PAGE> PAGE 107
070 P011900 N
070 P021900 N
070 Q011900 N
070 Q021900 N
070 R011900 N
070 R021900 N
071 A001900 56612
071 B001900 61624
071 C001900 44576
071 D001900 127
072 A001900 12
072 B001900 2148
072 C001900 72
072 D001900 0
072 E001900 0
072 F001900 262
072 G001900 72
072 H001900 0
072 I001900 44
072 J001900 14
072 K001900 0
072 L001900 7
072 M001900 1
072 N001900 22
072 O001900 0
072 P001900 0
072 Q001900 57
072 R001900 5
072 S001900 0
072 T001900 133
072 U001900 0
072 V001900 0
072 W001900 4
072 X001900 621
072 Y001900 179
072 Z001900 1778
072AA001900 179
072BB001900 0
072CC011900 0
072CC021900 2358
072DD011900 1726
072DD021900 70
072EE001900 1095
073 A011900 0.4100
073 A021900 0.2800
073 B001900 0.2400
073 C001900 0.0000
074 A001900 0
074 B001900 0
074 C001900 0
074 D001900 42077
<PAGE> PAGE 108
074 E001900 0
074 F001900 0
074 G001900 0
074 H001900 0
074 I001900 0
074 J001900 20
074 K001900 18
074 L001900 580
074 M001900 8
074 N001900 42703
074 O001900 2691
074 P001900 11
074 Q001900 0
074 R011900 0
074 R021900 0
074 R031900 0
074 R041900 69
074 S001900 0
074 T001900 39932
074 U011900 3694
074 U021900 231
074 V011900 10.17
074 V021900 10.17
074 W001900 0.0000
074 X001900 1058
074 Y001900 0
075 A001900 0
075 B001900 47635
076 001900 0.00
008 A002101 KEY ASSET MANAGEMENT, INC.
008 B002101 A
008 C002101 801-46878
008 D012101 CLEVELAND
008 D022101 OH
008 D032101 44114
015 A002101 KEYTRUST COMPANY OF OHIO
015 B002101 C
015 C012101 CLEVELAND
015 C022101 OH
015 C032101 44114
015 E032101 X
024 002100 N
028 A012100 592
028 A022100 47
028 A032100 0
028 A042100 163
028 B012100 217
028 B022100 47
028 B032100 0
028 B042100 210
028 C012100 360
<PAGE> PAGE 109
028 C022100 48
028 C032100 0
028 C042100 366
028 D012100 168
028 D022100 47
028 D032100 0
028 D042100 408
028 E012100 125
028 E022100 46
028 E032100 0
028 E042100 408
028 F012100 49
028 F022100 47
028 F032100 0
028 F042100 256
028 G012100 1511
028 G022100 282
028 G032100 0
028 G042100 1811
028 H002100 0
029 002100 Y
030 A002100 13
030 B002100 5.75
030 C002100 0.00
031 A002100 2
031 B002100 0
032 002100 11
033 002100 0
034 002100 Y
035 002100 7
036 A002100 N
036 B002100 0
037 002100 N
038 002100 0
039 002100 N
040 002100 Y
041 002100 Y
042 A002100 0
042 B002100 0
042 C002100 0
042 D002100 100
042 E002100 0
042 F002100 0
042 G002100 0
042 H002100 0
043 002100 27
044 002100 0
045 002100 Y
046 002100 N
047 002100 Y
048 002100 0.550
<PAGE> PAGE 110
048 A012100 0
048 A022100 0.000
048 B012100 0
048 B022100 0.000
048 C012100 0
048 C022100 0.000
048 D012100 0
048 D022100 0.000
048 E012100 0
048 E022100 0.000
048 F012100 0
048 F022100 0.000
048 G012100 0
048 G022100 0.000
048 H012100 0
048 H022100 0.000
048 I012100 0
048 I022100 0.000
048 J012100 0
048 J022100 0.000
048 K012100 0
048 K022100 0.000
049 002100 N
050 002100 N
051 002100 N
052 002100 N
053 A002100 Y
053 B002100 Y
053 C002100 N
055 A002100 Y
055 B002100 N
056 002100 Y
057 002100 N
058 A002100 N
058 B002100 N
058 C002100 N
058 D002100 N
058 E002100 N
059 002100 Y
060 A002100 N
060 B002100 N
061 002100 500
062 A002100 Y
062 B002100 0.0
062 C002100 0.0
062 D002100 0.0
062 E002100 0.0
062 F002100 0.0
062 G002100 0.0
062 H002100 0.0
062 I002100 0.0
<PAGE> PAGE 111
062 J002100 0.0
062 K002100 0.0
062 L002100 0.0
062 M002100 0.0
062 N002100 0.0
062 O002100 96.2
062 P002100 0.0
062 Q002100 0.0
062 R002100 2.1
063 A002100 0
063 B002100 5.5
064 A002100 Y
064 B002100 N
066 A002100 N
067 002100 N
068 A002100 N
068 B002100 N
069 002100 N
070 A012100 Y
070 A022100 N
070 B012100 N
070 B022100 N
070 C012100 N
070 C022100 N
070 D012100 N
070 D022100 N
070 E012100 N
070 E022100 N
070 F012100 N
070 F022100 N
070 G012100 N
070 G022100 N
070 H012100 N
070 H022100 N
070 I012100 N
070 I022100 N
070 J012100 Y
070 J022100 N
070 K012100 Y
070 K022100 Y
070 L012100 N
070 L022100 N
070 M012100 N
070 M022100 N
070 N012100 Y
070 N022100 N
070 O012100 Y
070 O022100 N
070 P012100 N
070 P022100 N
070 Q012100 N
<PAGE> PAGE 112
070 Q022100 N
070 R012100 N
070 R022100 N
071 A002100 4930
071 B002100 7607
071 C002100 17607
071 D002100 28
072 A002100 12
072 B002100 1076
072 C002100 15
072 D002100 0
072 E002100 0
072 F002100 104
072 G002100 28
072 H002100 0
072 I002100 26
072 J002100 6
072 K002100 0
072 L002100 4
072 M002100 1
072 N002100 9
072 O002100 0
072 P002100 0
072 Q002100 51
072 R002100 4
072 S002100 0
072 T002100 67
072 U002100 0
072 V002100 0
072 W002100 2
072 X002100 302
072 Y002100 84
072 Z002100 873
072AA002100 0
072BB002100 16
072CC012100 0
072CC022100 1182
072DD012100 738
072DD022100 134
072EE002100 0
073 A012100 0.6100
073 A022100 0.4800
073 B002100 0.0000
073 C002100 0.0000
074 A002100 0
074 B002100 0
074 C002100 359
074 D002100 16711
074 E002100 0
074 F002100 0
074 G002100 0
<PAGE> PAGE 113
074 H002100 0
074 I002100 0
074 J002100 0
074 K002100 2
074 L002100 311
074 M002100 8
074 N002100 17391
074 O002100 0
074 P002100 5
074 Q002100 0
074 R012100 0
074 R022100 0
074 R032100 0
074 R042100 28
074 S002100 0
074 T002100 17358
074 U012100 1175
074 U022100 273
074 V012100 11.99
074 V022100 11.99
074 W002100 0.0000
074 X002100 497
074 Y002100 0
075 A002100 0
075 B002100 18904
076 002100 0.00
008 A002201 KEY ASSET MANAGEMENT, INC.
008 B002201 A
008 C002201 801-46878
008 D012201 CLEVELAND
008 D022201 OH
008 D032201 44114
015 A002201 KEYTRUST COMPANY OF OHIO
015 B002201 C
015 C012201 CLEVELAND
015 C022201 OH
015 C032201 44114
015 E032201 X
024 002200 Y
025 A002201 PAINE WEBBER
025 B002201 13-2638166
025 C002201 D
025 D002201 29319
025 A002202 MORGAN STANLEY DEAN WITTER
025 B002202 94-1671384
025 C002202 D
025 D002202 41544
025 A002203 LEHMAN BROTHERS
025 B002203 13-2518466
025 C002203 D
025 D002203 47000
<PAGE> PAGE 114
025 A002204 MERRILL LYNCH
025 B002204 13-5674085
025 C002204 D
025 D002204 14261
025 A002205 GOLDMAN SACHS
025 B002205 13-5108880
025 C002205 D
025 D002205 20005
025 A002206 HOUSEHOLD FINANCE
025 C002206 D
025 D002206 29345
025 A002207 ASSOCIATES CORP
025 C002207 D
025 D002207 12299
025 A002208 GENERAL ELECTRIC CAPITAL CORP.
025 C002208 D
025 D002208 26230
028 A012200 144454
028 A022200 215
028 A032200 0
028 A042200 89621
028 B012200 100557
028 B022200 207
028 B032200 0
028 B042200 144315
028 C012200 71008
028 C022200 212
028 C032200 0
028 C042200 156790
028 D012200 119971
028 D022200 267
028 D032200 0
028 D042200 108829
028 E012200 138990
028 E022200 237
028 E032200 0
028 E042200 120674
028 F012200 135554
028 F022200 257
028 F032200 0
028 F042200 123862
028 G012200 710534
028 G022200 1395
028 G032200 0
028 G042200 744091
028 H002200 0
029 002200 N
030 A002200 0
030 B002200 0.00
030 C002200 0.00
031 A002200 0
<PAGE> PAGE 115
031 B002200 0
032 002200 0
033 002200 0
034 002200 N
035 002200 0
036 B002200 0
037 002200 N
038 002200 0
039 002200 N
040 002200 N
041 002200 N
042 A002200 0
042 B002200 0
042 C002200 0
042 D002200 0
042 E002200 0
042 F002200 0
042 G002200 0
042 H002200 0
043 002200 0
044 002200 0
045 002200 Y
046 002200 N
047 002200 Y
048 002200 0.500
048 A012200 0
048 A022200 0.000
048 B012200 0
048 B022200 0.000
048 C012200 0
048 C022200 0.000
048 D012200 0
048 D022200 0.000
048 E012200 0
048 E022200 0.000
048 F012200 0
048 F022200 0.000
048 G012200 0
048 G022200 0.000
048 H012200 0
048 H022200 0.000
048 I012200 0
048 I022200 0.000
048 J012200 0
048 J022200 0.000
048 K012200 0
048 K022200 0.000
049 002200 N
050 002200 N
051 002200 N
052 002200 N
<PAGE> PAGE 116
053 A002200 N
055 A002200 N
055 B002200 N
056 002200 Y
057 002200 N
058 A002200 N
058 B002200 N
058 C002200 N
058 D002200 N
058 E002200 N
059 002200 Y
060 A002200 Y
060 B002200 Y
061 002200 500
062 A002200 Y
062 B002200 0.0
062 C002200 0.6
062 D002200 8.5
062 E002200 1.8
062 F002200 8.2
062 G002200 0.0
062 H002200 1.2
062 I002200 41.8
062 J002200 0.0
062 K002200 0.0
062 L002200 38.5
062 M002200 0.0
062 N002200 0.0
062 O002200 0.0
062 P002200 0.0
062 Q002200 0.0
062 R002200 0.0
063 A002200 53
063 B002200 0.0
064 A002200 Y
064 B002200 N
066 A002200 N
067 002200 N
068 A002200 N
068 B002200 N
069 002200 N
070 A012200 Y
070 A022200 Y
070 B012200 N
070 B022200 N
070 C012200 N
070 C022200 N
070 D012200 N
070 D022200 N
070 E012200 N
070 E022200 N
<PAGE> PAGE 117
070 F012200 N
070 F022200 N
070 G012200 N
070 G022200 N
070 H012200 N
070 H022200 N
070 I012200 N
070 I022200 N
070 J012200 N
070 J022200 N
070 K012200 Y
070 K022200 N
070 L012200 N
070 L022200 N
070 M012200 N
070 M022200 N
070 N012200 Y
070 N022200 Y
070 O012200 Y
070 O022200 N
070 P012200 N
070 P022200 N
070 Q012200 N
070 Q022200 N
070 R012200 N
070 R022200 N
071 A002200 0
071 B002200 0
071 C002200 0
071 D002200 0
072 A002200 12
072 B002200 43600
072 C002200 0
072 D002200 0
072 E002200 11
072 F002200 4192
072 G002200 1048
072 H002200 0
072 I002200 38
072 J002200 176
072 K002200 0
072 L002200 25
072 M002200 20
072 N002200 19
072 O002200 0
072 P002200 0
072 Q002200 106
072 R002200 62
072 S002200 0
072 T002200 0
072 U002200 0
<PAGE> PAGE 118
072 V002200 0
072 W002200 18
072 X002200 5704
072 Y002200 0
072 Z002200 37907
072AA002200 7
072BB002200 0
072CC012200 0
072CC022200 0
072DD012200 37907
072DD022200 0
072EE002200 0
073 A012200 0.0450
073 A022200 0.0000
073 B002200 0.0000
073 C002200 0.0000
074 A002200 0
074 B002200 69319
074 C002200 753657
074 D002200 0
074 E002200 0
074 F002200 0
074 G002200 0
074 H002200 0
074 I002200 0
074 J002200 0
074 K002200 0
074 L002200 5251
074 M002200 102
074 N002200 828329
074 O002200 5985
074 P002200 467
074 Q002200 0
074 R012200 0
074 R022200 0
074 R032200 0
074 R042200 3425
074 S002200 0
074 T002200 818452
074 U012200 818342
074 U022200 0
074 V012200 1.00
074 V022200 0.00
074 W002200 1.0003
074 X002200 500
074 Y002200 0
075 A002200 838599
075 B002200 0
076 002200 0.00
008 A002301 KEY ASSET MANAGEMENT, INC.
008 B002301 A
<PAGE> PAGE 119
008 C002301 801-46878
008 D012301 CLEVELAND
008 D022301 OH
008 D032301 44114
015 A002301 KEYTRUST COMPANY OF OHIO
015 B002301 C
015 C012301 CLEVELAND
015 C022301 OH
015 C032301 44114
015 E032301 X
024 002300 Y
025 A002301 GOLDMAN SACHS
025 B002301 13-5108880
025 C002301 D
025 D002301 20001
025 A002302 LEHMAN BROTHERS
025 B002302 13-2518466
025 C002302 D
025 D002302 90000
025 A002303 SALOMON SMITH BARNEY
025 B002303 11-2418191
025 C002303 D
025 D002303 18066
025 A002304 PAINE WEBBER
025 B002304 13-2638166
025 C002304 D
025 D002304 103472
025 A002305 MORGAN STANLEY DEAN WITTER
025 B002305 94-1671384
025 C002305 D
025 D002305 73021
025 A002306 MERRILL LYNCH
025 B002306 13-5674085
025 C002306 D
025 D002306 10000
025 A002307 GENERAL ELECTRIC CAPITAL CORP.
025 C002307 D
025 D002307 86536
025 A002308 ASSOCIATES CORP.
025 C002308 D
025 D002308 15156
025 A002309 HOUSEHOLD FINANCE
025 C002309 D
025 D002309 35000
025 D002310 0
025 D002311 0
025 D002312 0
025 D002313 0
025 D002314 0
025 D002315 0
025 D002316 0
<PAGE> PAGE 120
028 A012300 868117
028 A022300 4515
028 A032300 0
028 A042300 634179
028 B012300 908058
028 B022300 4581
028 B032300 0
028 B042300 833220
028 C012300 1027749
028 C022300 4692
028 C032300 0
028 C042300 1039754
028 D012300 960292
028 D022300 5364
028 D032300 0
028 D042300 816735
028 E012300 917019
028 E022300 5711
028 E032300 0
028 E042300 994030
028 F012300 857248
028 F022300 5397
028 F032300 0
028 F042300 823246
028 G012300 5538483
028 G022300 30260
028 G032300 0
028 G042300 5141164
028 H002300 0
029 002300 N
030 A002300 0
030 B002300 0.00
030 C002300 0.00
031 A002300 0
031 B002300 0
032 002300 0
033 002300 0
034 002300 N
035 002300 0
036 B002300 0
037 002300 N
038 002300 0
039 002300 N
040 002300 N
041 002300 N
042 A002300 0
042 B002300 0
042 C002300 0
042 D002300 0
042 E002300 0
042 F002300 0
<PAGE> PAGE 121
042 G002300 0
042 H002300 0
043 002300 0
044 002300 0
045 002300 Y
046 002300 N
047 002300 Y
048 002300 0.250
048 A012300 0
048 A022300 0.000
048 B012300 0
048 B022300 0.000
048 C012300 0
048 C022300 0.000
048 D012300 0
048 D022300 0.000
048 E012300 0
048 E022300 0.000
048 F012300 0
048 F022300 0.000
048 G012300 0
048 G022300 0.000
048 H012300 0
048 H022300 0.000
048 I012300 0
048 I022300 0.000
048 J012300 0
048 J022300 0.000
048 K012300 0
048 K022300 0.000
049 002300 N
050 002300 N
051 002300 N
052 002300 N
053 A002300 Y
053 B002300 Y
053 C002300 N
055 A002300 N
055 B002300 N
056 002300 Y
057 002300 N
058 A002300 N
058 B002300 N
058 C002300 N
058 D002300 N
058 E002300 N
059 002300 Y
060 A002300 Y
060 B002300 Y
061 002300 500
062 A002300 Y
<PAGE> PAGE 122
062 B002300 0.0
062 C002300 0.4
062 D002300 7.1
062 E002300 0.0
062 F002300 7.0
062 G002300 0.0
062 H002300 1.0
062 I002300 61.6
062 J002300 0.0
062 K002300 0.0
062 L002300 22.9
062 M002300 0.0
062 N002300 0.0
062 O002300 0.0
062 P002300 0.0
062 Q002300 0.0
062 R002300 0.0
063 A002300 51
063 B002300 0.0
064 A002300 Y
064 B002300 N
066 A002300 N
067 002300 N
068 A002300 N
068 B002300 N
069 002300 N
070 A012300 Y
070 A022300 Y
070 B012300 N
070 B022300 N
070 C012300 N
070 C022300 N
070 D012300 N
070 D022300 N
070 E012300 N
070 E022300 N
070 F012300 N
070 F022300 N
070 G012300 N
070 G022300 N
070 H012300 N
070 H022300 N
070 I012300 N
070 I022300 N
070 J012300 Y
070 J022300 N
070 K012300 Y
070 K022300 N
070 L012300 Y
070 L022300 N
070 M012300 N
<PAGE> PAGE 123
070 M022300 N
070 N012300 Y
070 N022300 Y
070 O012300 Y
070 O022300 N
070 P012300 N
070 P022300 N
070 Q012300 N
070 Q022300 N
070 R012300 N
070 R022300 N
071 A002300 0
071 B002300 0
071 C002300 0
071 D002300 0
072 A002300 12
072 B002300 110686
072 C002300 0
072 D002300 0
072 E002300 34
072 F002300 5330
072 G002300 2343
072 H002300 0
072 I002300 382
072 J002300 417
072 K002300 0
072 L002300 127
072 M002300 50
072 N002300 186
072 O002300 0
072 P002300 0
072 Q002300 120
072 R002300 158
072 S002300 0
072 T002300 2030
072 U002300 0
072 V002300 0
072 W002300 40
072 X002300 11183
072 Y002300 2952
072 Z002300 102489
072AA002300 0
072BB002300 14
072CC012300 0
072CC022300 0
072DD012300 64880
072DD022300 37609
072EE002300 0
073 A012300 0.0490
073 A022300 0.0460
073 B002300 0.0000
<PAGE> PAGE 124
073 C002300 0.0000
074 A002300 37
074 B002300 173472
074 C002300 2256741
074 D002300 0
074 E002300 0
074 F002300 0
074 G002300 0
074 H002300 0
074 I002300 0
074 J002300 0
074 K002300 0
074 L002300 10570
074 M002300 351
074 N002300 2441171
074 O002300 0
074 P002300 541
074 Q002300 0
074 R012300 0
074 R022300 0
074 R032300 0
074 R042300 11048
074 S002300 0
074 T002300 2429582
074 U012300 1313560
074 U022300 1116011
074 V012300 1.00
074 V022300 1.00
074 W002300 0.9996
074 X002300 17490
074 Y002300 0
075 A002300 2132617
075 B002300 0
076 002300 0.00
008 A002401 KEY ASSET MANAGEMENT, INC.
008 B002401 A
008 C002401 801-46878
008 D012401 CLEVELAND
008 D022401 OH
008 D032401 44114
015 A002401 KEYTRUST COMPANY OF OHIO
015 B002401 C
015 C012401 CLEVELAND
015 C022401 OH
015 C032401 44114
015 E032401 X
024 002400 N
028 A012400 134950
028 A022400 1785
028 A032400 0
028 A042400 129674
<PAGE> PAGE 125
028 B012400 182224
028 B022400 1845
028 B032400 0
028 B042400 225986
028 C012400 146196
028 C022400 1658
028 C032400 0
028 C042400 143456
028 D012400 184329
028 D022400 1633
028 D032400 0
028 D042400 159701
028 E012400 311519
028 E022400 1656
028 E032400 0
028 E042400 381188
028 F012400 172289
028 F022400 1770
028 F032400 0
028 F042400 171007
028 G012400 1131507
028 G022400 10347
028 G032400 0
028 G042400 1211012
028 H002400 0
029 002400 N
030 A002400 0
030 B002400 0.00
030 C002400 0.00
031 A002400 0
031 B002400 0
032 002400 0
033 002400 0
034 002400 N
035 002400 0
036 B002400 0
037 002400 N
038 002400 0
039 002400 N
040 002400 N
041 002400 N
042 A002400 0
042 B002400 0
042 C002400 0
042 D002400 0
042 E002400 0
042 F002400 0
042 G002400 0
042 H002400 0
043 002400 0
044 002400 0
<PAGE> PAGE 126
045 002400 Y
046 002400 N
047 002400 Y
048 002400 0.500
048 A012400 0
048 A022400 0.000
048 B012400 0
048 B022400 0.000
048 C012400 0
048 C022400 0.000
048 D012400 0
048 D022400 0.000
048 E012400 0
048 E022400 0.000
048 F012400 0
048 F022400 0.000
048 G012400 0
048 G022400 0.000
048 H012400 0
048 H022400 0.000
048 I012400 0
048 I022400 0.000
048 J012400 0
048 J022400 0.000
048 K012400 0
048 K022400 0.000
049 002400 N
050 002400 N
051 002400 N
052 002400 N
053 A002400 Y
053 B002400 Y
053 C002400 N
055 A002400 N
055 B002400 N
056 002400 Y
057 002400 N
058 A002400 N
058 B002400 N
058 C002400 N
058 D002400 N
058 E002400 N
059 002400 Y
060 A002400 N
060 B002400 N
061 002400 500
062 A002400 Y
062 B002400 0.0
062 C002400 0.0
062 D002400 0.0
062 E002400 99.7
<PAGE> PAGE 127
062 F002400 0.0
062 G002400 0.0
062 H002400 0.0
062 I002400 0.0
062 J002400 0.0
062 K002400 0.0
062 L002400 0.0
062 M002400 0.0
062 N002400 0.0
062 O002400 0.0
062 P002400 0.0
062 Q002400 0.0
062 R002400 0.0
063 A002400 51
063 B002400 0.0
064 A002400 Y
064 B002400 N
066 A002400 N
067 002400 N
068 A002400 N
068 B002400 N
069 002400 N
070 A012400 Y
070 A022400 N
070 B012400 N
070 B022400 N
070 C012400 N
070 C022400 N
070 D012400 N
070 D022400 N
070 E012400 N
070 E022400 N
070 F012400 N
070 F022400 N
070 G012400 N
070 G022400 N
070 H012400 N
070 H022400 N
070 I012400 N
070 I022400 N
070 J012400 Y
070 J022400 N
070 K012400 Y
070 K022400 Y
070 L012400 N
070 L022400 N
070 M012400 N
070 M022400 N
070 N012400 Y
070 N022400 N
070 O012400 N
<PAGE> PAGE 128
070 O022400 N
070 P012400 N
070 P022400 N
070 Q012400 N
070 Q022400 N
070 R012400 N
070 R022400 N
071 A002400 0
071 B002400 0
071 C002400 0
071 D002400 0
072 A002400 12
072 B002400 32341
072 C002400 153
072 D002400 0
072 E002400 0
072 F002400 4974
072 G002400 1205
072 H002400 0
072 I002400 44
072 J002400 196
072 K002400 0
072 L002400 60
072 M002400 25
072 N002400 44
072 O002400 0
072 P002400 0
072 Q002400 104
072 R002400 75
072 S002400 0
072 T002400 2487
072 U002400 0
072 V002400 0
072 W002400 19
072 X002400 9233
072 Y002400 1109
072 Z002400 24370
072AA002400 0
072BB002400 5
072CC012400 0
072CC022400 0
072DD012400 24370
072DD022400 0
072EE002400 0
073 A012400 0.0250
073 A022400 0.0000
073 B002400 0.0000
073 C002400 0.0000
074 A002400 0
074 B002400 0
074 C002400 931480
<PAGE> PAGE 129
074 D002400 0
074 E002400 0
074 F002400 0
074 G002400 0
074 H002400 0
074 I002400 0
074 J002400 0
074 K002400 0
074 L002400 5943
074 M002400 15
074 N002400 937438
074 O002400 0
074 P002400 345
074 Q002400 0
074 R012400 0
074 R022400 0
074 R032400 0
074 R042400 2349
074 S002400 0
074 T002400 934744
074 U012400 934740
074 U022400 0
074 V012400 1.00
074 V022400 0.00
074 W002400 0.9997
074 X002400 6432
074 Y002400 0
075 A002400 994895
075 B002400 0
076 002400 0.00
008 A002501 KEY ASSET MANAGEMENT, INC.
008 B002501 A
008 C002501 801-16656
008 D012501 CLEVELAND
008 D022501 OH
008 D032501 44114
008 A002502 LAKEFRONT CAPITAL INVESTORS, INC.
008 B002502 S
008 C002502 801-40033
008 D012502 CLEVELAND
008 D022502 OH
008 D032502 44115
015 A002501 KEYTRUST COMPANY OF OHIO
015 B002501 C
015 C012501 CLEVELAND
015 C022501 OH
015 C032501 44114
015 E032501 X
015 A002502 MORGAN STANLEY TRUST
015 B002502 S
015 C012502 NEW YORK
<PAGE> PAGE 130
015 C022502 NY
015 C032502 11261
015 E032502 X
024 002500 Y
025 A002501 GENERAL ELECTRIC
025 C002501 E
025 D002501 32
025 A002502 PAINE WEBBER
025 B002502 13-2638166
025 C002502 E
025 D002502 23
025 A002503 FORD MOTOR CORP.
025 C002503 E
025 D002503 18
025 A002504 ASSOCIATES CORP.
025 C002504 E
025 D002504 13
025 D002505 0
025 D002506 0
025 D002507 0
025 D002508 0
028 A012500 11
028 A022500 0
028 A032500 0
028 A042500 4
028 B012500 70
028 B022500 0
028 B032500 0
028 B042500 0
028 C012500 115
028 C022500 0
028 C032500 0
028 C042500 9
028 D012500 114
028 D022500 0
028 D032500 0
028 D042500 21
028 E012500 39
028 E022500 0
028 E032500 0
028 E042500 7
028 F012500 31
028 F022500 0
028 F032500 0
028 F042500 2
028 G012500 380
028 G022500 0
028 G032500 0
028 G042500 43
028 H002500 11
029 002500 Y
<PAGE> PAGE 131
030 A002500 1
030 B002500 5.75
030 C002500 0.00
031 A002500 0
031 B002500 0
032 002500 1
033 002500 0
034 002500 N
035 002500 0
036 B002500 0
037 002500 N
038 002500 0
039 002500 N
040 002500 N
041 002500 N
042 A002500 0
042 B002500 0
042 C002500 0
042 D002500 0
042 E002500 0
042 F002500 0
042 G002500 0
042 H002500 0
043 002500 0
044 002500 0
045 002500 Y
046 002500 N
047 002500 Y
048 002500 1.000
048 A012500 0
048 A022500 0.000
048 B012500 0
048 B022500 0.000
048 C012500 0
048 C022500 0.000
048 D012500 0
048 D022500 0.000
048 E012500 0
048 E022500 0.000
048 F012500 0
048 F022500 0.000
048 G012500 0
048 G022500 0.000
048 H012500 0
048 H022500 0.000
048 I012500 0
048 I022500 0.000
048 J012500 0
048 J022500 0.000
048 K012500 0
048 K022500 0.000
<PAGE> PAGE 132
049 002500 N
050 002500 N
051 002500 N
052 002500 N
053 A002500 Y
053 B002500 Y
053 C002500 N
055 A002500 N
055 B002500 N
056 002500 Y
057 002500 N
058 A002500 N
058 B002500 N
058 C002500 N
058 D002500 N
058 E002500 N
059 002500 Y
060 A002500 Y
060 B002500 Y
061 002500 500
062 A002500 N
062 B002500 0.0
062 C002500 0.0
062 D002500 0.0
062 E002500 0.0
062 F002500 0.0
062 G002500 0.0
062 H002500 0.0
062 I002500 0.0
062 J002500 0.0
062 K002500 0.0
062 L002500 0.0
062 M002500 0.0
062 N002500 0.0
062 O002500 0.0
062 P002500 0.0
062 Q002500 0.0
062 R002500 0.0
063 A002500 0
063 B002500 0.0
066 A002500 Y
066 B002500 N
066 C002500 N
066 D002500 N
066 E002500 Y
066 F002500 N
066 G002500 N
067 002500 N
068 A002500 N
068 B002500 N
069 002500 N
<PAGE> PAGE 133
070 A012500 Y
070 A022500 N
070 B012500 Y
070 B022500 N
070 C012500 Y
070 C022500 N
070 D012500 Y
070 D022500 N
070 E012500 Y
070 E022500 N
070 F012500 Y
070 F022500 N
070 G012500 Y
070 G022500 N
070 H012500 Y
070 H022500 N
070 I012500 N
070 I022500 N
070 J012500 Y
070 J022500 N
070 K012500 Y
070 K022500 Y
070 L012500 Y
070 L022500 N
070 M012500 N
070 M022500 N
070 N012500 Y
070 N022500 N
070 O012500 Y
070 O022500 N
070 P012500 Y
070 P022500 N
070 Q012500 Y
070 Q022500 N
070 R012500 N
070 R022500 N
071 A002500 585
071 B002500 299
071 C002500 1317
071 D002500 23
072 A002500 12
072 B002500 0
072 C002500 22
072 D002500 0
072 E002500 0
072 F002500 14
072 G002500 2
072 H002500 0
072 I002500 8
072 J002500 2
072 K002500 0
<PAGE> PAGE 134
072 L002500 5
072 M002500 0
072 N002500 15
072 O002500 0
072 P002500 0
072 Q002500 35
072 R002500 4
072 S002500 0
072 T002500 2
072 U002500 6
072 V002500 0
072 W002500 0
072 X002500 93
072 Y002500 78
072 Z002500 7
072AA002500 50
072BB002500 0
072CC012500 212
072CC022500 0
072DD012500 9
072DD022500 0
072EE002500 145
073 A012500 0.0800
073 A022500 0.0000
073 B002500 1.4400
073 C002500 0.0000
074 A002500 0
074 B002500 0
074 C002500 32
074 D002500 0
074 E002500 0
074 F002500 1632
074 G002500 0
074 H002500 0
074 I002500 0
074 J002500 0
074 K002500 0
074 L002500 2
074 M002500 23
074 N002500 1689
074 O002500 0
074 P002500 1
074 Q002500 0
074 R012500 0
074 R022500 0
074 R032500 0
074 R042500 27
074 S002500 0
074 T002500 1661
074 U012500 132
074 U022500 0
<PAGE> PAGE 135
074 V012500 12.58
074 V022500 0.00
074 W002500 0.0000
074 X002500 48
074 Y002500 0
075 A002500 0
075 B002500 1369
076 002500 0.00
008 A002601 KEY ASSET MANAGEMENT, INC.
008 B002601 A
008 C002601 801-16656
008 D012601 CLEVELAND
008 D022601 OH
008 D032601 44114
015 A002601 KEYTRUST COMPANY OF OHIO
015 B002601 C
015 C012601 CLEVELAND
015 C022601 OH
015 C032601 44114
015 E032601 X
015 A002602 MORGAN STANLEY TRUST
015 B002602 S
015 C012602 NEW YORK
015 C022602 NY
015 C032602 11261
015 E032602 X
024 002600 N
028 A012600 434
028 A022600 0
028 A032600 0
028 A042600 208
028 B012600 443
028 B022600 87
028 B032600 0
028 B042600 805
028 C012600 403
028 C022600 0
028 C032600 0
028 C042600 485
028 D012600 131
028 D022600 0
028 D032600 0
028 D042600 199
028 E012600 306
028 E022600 73
028 E032600 0
028 E042600 320
028 F012600 35
028 F022600 0
028 F032600 0
028 F042600 570
<PAGE> PAGE 136
028 G012600 1752
028 G022600 160
028 G032600 0
028 G042600 2587
028 H002600 86
029 002600 Y
030 A002600 6
030 B002600 5.75
030 C002600 0.00
031 A002600 1
031 B002600 0
032 002600 5
033 002600 0
034 002600 N
035 002600 0
036 B002600 0
037 002600 N
038 002600 0
039 002600 N
040 002600 N
041 002600 N
042 A002600 0
042 B002600 0
042 C002600 0
042 D002600 0
042 E002600 0
042 F002600 0
042 G002600 0
042 H002600 0
043 002600 0
044 002600 0
045 002600 Y
046 002600 N
047 002600 Y
048 002600 1.000
048 A012600 0
048 A022600 0.000
048 B012600 0
048 B022600 0.000
048 C012600 0
048 C022600 0.000
048 D012600 0
048 D022600 0.000
048 E012600 0
048 E022600 0.000
048 F012600 0
048 F022600 0.000
048 G012600 0
048 G022600 0.000
048 H012600 0
048 H022600 0.000
<PAGE> PAGE 137
048 I012600 0
048 I022600 0.000
048 J012600 0
048 J022600 0.000
048 K012600 0
048 K022600 0.000
049 002600 N
050 002600 N
051 002600 N
052 002600 N
053 A002600 Y
053 B002600 Y
053 C002600 N
055 A002600 N
055 B002600 N
056 002600 Y
057 002600 N
058 A002600 N
058 B002600 N
058 C002600 N
058 D002600 N
058 E002600 N
059 002600 Y
060 A002600 N
060 B002600 N
061 002600 500
062 A002600 N
062 B002600 0.0
062 C002600 0.0
062 D002600 0.0
062 E002600 0.0
062 F002600 0.0
062 G002600 0.0
062 H002600 0.0
062 I002600 0.0
062 J002600 0.0
062 K002600 0.0
062 L002600 0.0
062 M002600 0.0
062 N002600 0.0
062 O002600 0.0
062 P002600 0.0
062 Q002600 0.0
062 R002600 0.0
063 A002600 0
063 B002600 0.0
066 A002600 Y
066 B002600 N
066 C002600 Y
066 D002600 N
066 E002600 N
<PAGE> PAGE 138
066 F002600 N
066 G002600 N
067 002600 N
068 A002600 N
068 B002600 N
069 002600 N
070 A012600 Y
070 A022600 N
070 B012600 Y
070 B022600 N
070 C012600 Y
070 C022600 N
070 D012600 Y
070 D022600 N
070 E012600 Y
070 E022600 N
070 F012600 Y
070 F022600 N
070 G012600 Y
070 G022600 N
070 H012600 Y
070 H022600 N
070 I012600 N
070 I022600 N
070 J012600 Y
070 J022600 N
070 K012600 Y
070 K022600 N
070 L012600 Y
070 L022600 N
070 M012600 N
070 M022600 N
070 N012600 Y
070 N022600 N
070 O012600 Y
070 O022600 N
070 P012600 Y
070 P022600 N
070 Q012600 Y
070 Q022600 N
070 R012600 N
070 R022600 N
071 A002600 8116
071 B002600 9246
071 C002600 13096
071 D002600 62
072 A002600 12
072 B002600 126
072 C002600 837
072 D002600 0
072 E002600 0
<PAGE> PAGE 139
072 F002600 158
072 G002600 24
072 H002600 0
072 I002600 10
072 J002600 11
072 K002600 0
072 L002600 1
072 M002600 0
072 N002600 18
072 O002600 0
072 P002600 0
072 Q002600 36
072 R002600 4
072 S002600 0
072 T002600 35
072 U002600 4
072 V002600 0
072 W002600 0
072 X002600 302
072 Y002600 118
072 Z002600 778
072AA002600 0
072BB002600 1371
072CC012600 643
072CC022600 0
072DD012600 783
072DD022600 0
072EE002600 0
073 A012600 0.5100
073 A022600 0.0000
073 B002600 0.0000
073 C002600 0.0000
074 A002600 0
074 B002600 0
074 C002600 2366
074 D002600 0
074 E002600 0
074 F002600 11834
074 G002600 0
074 H002600 0
074 I002600 0
074 J002600 0
074 K002600 0
074 L002600 20
074 M002600 14
074 N002600 14234
074 O002600 0
074 P002600 7
074 Q002600 0
074 R012600 0
074 R022600 0
<PAGE> PAGE 140
074 R032600 0
074 R042600 22
074 S002600 0
074 T002600 14205
074 U012600 1465
074 U022600 0
074 V012600 9.70
074 V022600 0.00
074 W002600 0.0000
074 X002600 242
074 Y002600 0
075 A002600 0
075 B002600 15809
076 002600 0.00
008 A002701 KEY ASSET MANAGEMENT, INC.
008 B002701 A
008 C002701 801-46878
008 D012701 CLEVELAND
008 D022701 OH
008 D032701 44114
015 A002701 KEYTRUST COMPANY OF OHIO
015 B002701 C
015 C012701 CLEVELAND
015 C022701 OH
015 C032701 44114
015 E032701 X
024 002700 Y
025 A002701 BEAR STEARNS
025 B002701 13-3299429
025 C002701 D
025 D002701 50000
025 A002702 LEHMAN BROTHERS
025 B002702 13-2518466
025 C002702 D
025 D002702 50000
025 D002703 0
025 D002704 0
025 D002705 0
025 D002706 0
025 D002707 0
025 D002708 0
028 A012700 440663
028 A022700 3517
028 A032700 0
028 A042700 527452
028 B012700 403562
028 B022700 3719
028 B032700 0
028 B042700 393387
028 C012700 480406
028 C022700 3501
<PAGE> PAGE 141
028 C032700 0
028 C042700 262379
028 D012700 426291
028 D022700 4071
028 D032700 0
028 D042700 522931
028 E012700 247102
028 E022700 4180
028 E032700 0
028 E042700 292844
028 F012700 350218
028 F022700 4099
028 F032700 0
028 F042700 301220
028 G012700 2348242
028 G022700 23087
028 G032700 0
028 G042700 2300213
028 H002700 0
029 002700 N
030 A002700 0
030 B002700 0.00
030 C002700 0.00
031 A002700 0
031 B002700 0
032 002700 0
033 002700 0
034 002700 N
035 002700 0
036 B002700 0
037 002700 N
038 002700 0
039 002700 N
040 002700 N
041 002700 N
042 A002700 0
042 B002700 0
042 C002700 0
042 D002700 0
042 E002700 0
042 F002700 0
042 G002700 0
042 H002700 0
043 002700 0
044 002700 0
045 002700 Y
046 002700 N
047 002700 Y
048 002700 0.250
048 A012700 0
048 A022700 0.000
<PAGE> PAGE 142
048 B012700 0
048 B022700 0.000
048 C012700 0
048 C022700 0.000
048 D012700 0
048 D022700 0.000
048 E012700 0
048 E022700 0.000
048 F012700 0
048 F022700 0.000
048 G012700 0
048 G022700 0.000
048 H012700 0
048 H022700 0.000
048 I012700 0
048 I022700 0.000
048 J012700 0
048 J022700 0.000
048 K012700 0
048 K022700 0.000
049 002700 N
050 002700 N
051 002700 N
052 002700 N
053 A002700 Y
053 B002700 Y
053 C002700 N
055 A002700 N
055 B002700 N
056 002700 Y
057 002700 N
058 A002700 N
058 B002700 N
058 C002700 N
058 D002700 N
058 E002700 N
059 002700 Y
060 A002700 Y
060 B002700 Y
061 002700 500
062 A002700 Y
062 B002700 0.0
062 C002700 66.4
062 D002700 36.9
062 E002700 0.0
062 F002700 0.0
062 G002700 0.0
062 H002700 0.0
062 I002700 0.0
062 J002700 0.0
062 K002700 0.0
<PAGE> PAGE 143
062 L002700 0.0
062 M002700 0.0
062 N002700 0.0
062 O002700 0.0
062 P002700 0.0
062 Q002700 0.0
062 R002700 0.0
063 A002700 51
063 B002700 0.0
064 A002700 N
064 B002700 N
066 A002700 N
067 002700 N
068 A002700 N
068 B002700 N
069 002700 N
070 A012700 Y
070 A022700 Y
070 B012700 N
070 B022700 N
070 C012700 N
070 C022700 N
070 D012700 N
070 D022700 N
070 E012700 N
070 E022700 N
070 F012700 N
070 F022700 N
070 G012700 N
070 G022700 N
070 H012700 N
070 H022700 N
070 I012700 N
070 I022700 N
070 J012700 N
070 J022700 N
070 K012700 Y
070 K022700 N
070 L012700 N
070 L022700 N
070 M012700 N
070 M022700 N
070 N012700 Y
070 N022700 N
070 O012700 Y
070 O022700 N
070 P012700 Y
070 P022700 N
070 Q012700 N
070 Q022700 N
070 R012700 N
<PAGE> PAGE 144
070 R022700 N
071 A002700 0
071 B002700 0
071 C002700 0
071 D002700 0
072 A002700 12
072 B002700 50982
072 C002700 0
072 D002700 0
072 E002700 0
072 F002700 2550
072 G002700 1230
072 H002700 0
072 I002700 61
072 J002700 207
072 K002700 0
072 L002700 52
072 M002700 26
072 N002700 220
072 O002700 0
072 P002700 0
072 Q002700 104
072 R002700 78
072 S002700 0
072 T002700 666
072 U002700 0
072 V002700 0
072 W002700 48
072 X002700 5242
072 Y002700 1754
072 Z002700 47494
072AA002700 0
072BB002700 64
072CC012700 0
072CC022700 0
072DD012700 35599
072DD022700 11895
072EE002700 0
073 A012700 0.0470
073 A022700 0.0450
073 B002700 0.0000
073 C002700 0.0000
074 A002700 0
074 B002700 412507
074 C002700 741684
074 D002700 0
074 E002700 0
074 F002700 0
074 G002700 0
074 H002700 0
074 I002700 0
<PAGE> PAGE 145
074 J002700 25000
074 K002700 0
074 L002700 3280
074 M002700 29
074 N002700 1182500
074 O002700 60000
074 P002700 168
074 Q002700 0
074 R012700 0
074 R022700 0
074 R032700 0
074 R042700 4652
074 S002700 0
074 T002700 1117680
074 U012700 834088
074 U022700 283640
074 V012700 1.00
074 V022700 1.00
074 W002700 0.9994
074 X002700 587
074 Y002700 0
075 A002700 1020002
075 B002700 0
076 002700 0.00
008 A002801 KEY ASSET MANAGEMENT, INC.
008 B002801 A
008 C002801 801-46878
008 D012801 CLEVELAND
008 D022801 OH
008 D032801 44114
015 A002801 KEYTRUST COMPANY OF OHIO
015 B002801 C
015 C012801 CLEVELAND
015 C022801 OH
015 C032801 44114
015 E032801 X
024 002800 Y
025 A002801 GENERAL ELECTRIC CAPITAL CORP.
025 C002801 D
025 D002801 1508
025 D002802 0
025 D002803 0
025 D002804 0
025 D002805 0
025 D002806 0
025 D002807 0
025 D002808 0
028 A012800 2526
028 A022800 0
028 A032800 0
028 A042800 2579
<PAGE> PAGE 146
028 B012800 1134
028 B022800 778
028 B032800 0
028 B042800 4173
028 C012800 1930
028 C022800 0
028 C032800 0
028 C042800 3600
028 D012800 1313
028 D022800 3
028 D032800 0
028 D042800 2904
028 E012800 969
028 E022800 697
028 E032800 0
028 E042800 2588
028 F012800 919
028 F022800 0
028 F032800 0
028 F042800 2774
028 G012800 8791
028 G022800 1478
028 G032800 0
028 G042800 18618
028 H002800 0
029 002800 Y
030 A002800 26
030 B002800 5.75
030 C002800 0.00
031 A002800 4
031 B002800 0
032 002800 22
033 002800 0
034 002800 N
035 002800 0
036 B002800 0
037 002800 N
038 002800 0
039 002800 N
040 002800 N
041 002800 N
042 A002800 0
042 B002800 0
042 C002800 0
042 D002800 0
042 E002800 0
042 F002800 0
042 G002800 0
042 H002800 0
043 002800 0
044 002800 0
<PAGE> PAGE 147
045 002800 Y
046 002800 N
047 002800 Y
048 002800 0.750
048 A012800 0
048 A022800 0.000
048 B012800 0
048 B022800 0.000
048 C012800 0
048 C022800 0.000
048 D012800 0
048 D022800 0.000
048 E012800 0
048 E022800 0.000
048 F012800 0
048 F022800 0.000
048 G012800 0
048 G022800 0.000
048 H012800 0
048 H022800 0.000
048 I012800 0
048 I022800 0.000
048 J012800 0
048 J022800 0.000
048 K012800 0
048 K022800 0.000
049 002800 N
050 002800 N
051 002800 N
052 002800 N
053 A002800 N
055 A002800 Y
055 B002800 N
056 002800 Y
057 002800 N
058 A002800 N
058 B002800 N
058 C002800 N
058 D002800 N
058 E002800 N
059 002800 Y
060 A002800 Y
060 B002800 Y
061 002800 500
062 A002800 Y
062 B002800 0.0
062 C002800 0.0
062 D002800 0.0
062 E002800 0.0
062 F002800 0.0
062 G002800 0.0
<PAGE> PAGE 148
062 H002800 0.0
062 I002800 1.9
062 J002800 0.0
062 K002800 0.0
062 L002800 0.0
062 M002800 0.0
062 N002800 0.0
062 O002800 0.0
062 P002800 54.0
062 Q002800 0.0
062 R002800 44.5
063 A002800 0
063 B002800 1.8
064 A002800 N
064 B002800 N
066 A002800 N
067 002800 N
068 A002800 N
068 B002800 N
069 002800 N
070 A012800 Y
070 A022800 N
070 B012800 Y
070 B022800 N
070 C012800 Y
070 C022800 N
070 D012800 Y
070 D022800 N
070 E012800 Y
070 E022800 N
070 F012800 Y
070 F022800 N
070 G012800 Y
070 G022800 N
070 H012800 Y
070 H022800 N
070 I012800 N
070 I022800 N
070 J012800 Y
070 J022800 N
070 K012800 Y
070 K022800 N
070 L012800 Y
070 L022800 N
070 M012800 N
070 M022800 N
070 N012800 Y
070 N022800 Y
070 O012800 Y
070 O022800 N
070 P012800 Y
<PAGE> PAGE 149
070 P022800 N
070 Q012800 Y
070 Q022800 N
070 R012800 N
070 R022800 N
071 A002800 59946
071 B002800 94064
071 C002800 82117
071 D002800 73
072 A002800 12
072 B002800 3043
072 C002800 2672
072 D002800 0
072 E002800 14
072 F002800 696
072 G002800 139
072 H002800 0
072 I002800 35
072 J002800 32
072 K002800 0
072 L002800 11
072 M002800 3
072 N002800 30
072 O002800 0
072 P002800 0
072 Q002800 45
072 R002800 8
072 S002800 0
072 T002800 142
072 U002800 0
072 V002800 0
072 W002800 7
072 X002800 1148
072 Y002800 0
072 Z002800 4581
072AA002800 3994
072BB002800 0
072CC012800 2960
072CC022800 0
072DD012800 4990
072DD022800 0
072EE002800 212
073 A012800 0.7000
073 A022800 0.0000
073 B002800 0.0300
073 C002800 0.0000
074 A002800 0
074 B002800 0
074 C002800 1508
074 D002800 43086
074 E002800 32561
<PAGE> PAGE 150
074 F002800 2835
074 G002800 0
074 H002800 0
074 I002800 0
074 J002800 0
074 K002800 0
074 L002800 743
074 M002800 3
074 N002800 80736
074 O002800 1000
074 P002800 55
074 Q002800 0
074 R012800 0
074 R022800 0
074 R032800 0
074 R042800 26
074 S002800 0
074 T002800 79655
074 U012800 6134
074 U022800 0
074 V012800 12.99
074 V022800 0.00
074 W002800 0.0000
074 X002800 1016
074 Y002800 0
075 A002800 0
075 B002800 92684
076 002800 0.00
008 A002901 KEY ASSET MANAGEMENT, INC.
008 B002901 A
008 C002901 801-46878
008 D012901 CLEVELAND
008 D022901 OH
008 D032901 44114
015 A002901 KEYTRUST COMPANY OF OHIO
015 B002901 C
015 C012901 CLEVELAND
015 C022901 OH
015 C032901 44114
015 E032901 X
024 002900 N
028 A012900 747
028 A022900 0
028 A032900 0
028 A042900 347
028 B012900 232
028 B022900 49
028 B032900 0
028 B042900 783
028 C012900 1837
028 C022900 0
<PAGE> PAGE 151
028 C032900 0
028 C042900 640
028 D012900 168
028 D022900 0
028 D032900 0
028 D042900 922
028 E012900 212
028 E022900 55
028 E032900 0
028 E042900 190
028 F012900 117
028 F022900 0
028 F032900 0
028 F042900 822
028 G012900 3313
028 G022900 104
028 G032900 0
028 G042900 3704
028 H002900 0
029 002900 Y
030 A002900 1
030 B002900 5.75
030 C002900 0.00
031 A002900 0
031 B002900 0
032 002900 1
033 002900 0
034 002900 N
035 002900 0
036 B002900 0
037 002900 N
038 002900 0
039 002900 N
040 002900 N
041 002900 N
042 A002900 0
042 B002900 0
042 C002900 0
042 D002900 0
042 E002900 0
042 F002900 0
042 G002900 0
042 H002900 0
043 002900 0
044 002900 0
045 002900 Y
046 002900 N
047 002900 Y
048 002900 0.200
048 A012900 0
048 A022900 0.000
<PAGE> PAGE 152
048 B012900 0
048 B022900 0.000
048 C012900 0
048 C022900 0.000
048 D012900 0
048 D022900 0.000
048 E012900 0
048 E022900 0.000
048 F012900 0
048 F022900 0.000
048 G012900 0
048 G022900 0.000
048 H012900 0
048 H022900 0.000
048 I012900 0
048 I022900 0.000
048 J012900 0
048 J022900 0.000
048 K012900 0
048 K022900 0.000
049 002900 N
050 002900 N
051 002900 N
052 002900 N
053 A002900 Y
053 B002900 Y
053 C002900 N
055 A002900 N
055 B002900 N
056 002900 Y
057 002900 N
058 A002900 N
058 B002900 N
058 C002900 N
058 D002900 N
058 E002900 N
059 002900 Y
060 A002900 Y
060 B002900 Y
061 002900 500
062 A002900 N
062 B002900 0.0
062 C002900 0.0
062 D002900 0.0
062 E002900 0.0
062 F002900 0.0
062 G002900 0.0
062 H002900 0.0
062 I002900 0.0
062 J002900 0.0
062 K002900 0.0
<PAGE> PAGE 153
062 L002900 0.0
062 M002900 0.0
062 N002900 0.0
062 O002900 0.0
062 P002900 0.0
062 Q002900 0.0
062 R002900 0.0
063 A002900 0
063 B002900 0.0
066 A002900 Y
066 B002900 N
066 C002900 N
066 D002900 Y
066 E002900 N
066 F002900 N
066 G002900 N
067 002900 N
068 A002900 N
068 B002900 N
069 002900 N
070 A012900 Y
070 A022900 N
070 B012900 Y
070 B022900 N
070 C012900 Y
070 C022900 N
070 D012900 Y
070 D022900 N
070 E012900 N
070 E022900 N
070 F012900 Y
070 F022900 N
070 G012900 Y
070 G022900 N
070 H012900 Y
070 H022900 N
070 I012900 Y
070 I022900 N
070 J012900 Y
070 J022900 N
070 K012900 Y
070 K022900 N
070 L012900 Y
070 L022900 N
070 M012900 Y
070 M022900 N
070 N012900 Y
070 N022900 N
070 O012900 Y
070 O022900 N
070 P012900 N
<PAGE> PAGE 154
070 P022900 N
070 Q012900 Y
070 Q022900 N
070 R012900 Y
070 R022900 N
071 A002900 10339
071 B002900 7481
071 C002900 14302
071 D002900 52
072 A002900 12
072 B002900 0
072 C002900 227
072 D002900 0
072 E002900 0
072 F002900 30
072 G002900 12
072 H002900 0
072 I002900 20
072 J002900 2
072 K002900 0
072 L002900 11
072 M002900 0
072 N002900 18
072 O002900 0
072 P002900 0
072 Q002900 38
072 R002900 7
072 S002900 0
072 T002900 0
072 U002900 10
072 V002900 0
072 W002900 3
072 X002900 151
072 Y002900 121
072 Z002900 197
072AA002900 463
072BB002900 0
072CC012900 1220
072CC022900 0
072DD012900 295
072DD022900 0
072EE002900 338
073 A012900 0.2500
073 A022900 0.0000
073 B002900 0.3100
073 C002900 0.0000
074 A002900 0
074 B002900 0
074 C002900 0
074 D002900 0
074 E002900 0
<PAGE> PAGE 155
074 F002900 0
074 G002900 0
074 H002900 0
074 I002900 16118
074 J002900 0
074 K002900 13
074 L002900 26
074 M002900 2
074 N002900 16159
074 O002900 0
074 P002900 0
074 Q002900 0
074 R012900 0
074 R022900 0
074 R032900 0
074 R042900 45
074 S002900 0
074 T002900 16114
074 U012900 1322
074 U022900 0
074 V012900 12.19
074 V022900 0.00
074 W002900 0.0000
074 X002900 270
074 Y002900 0
075 A002900 0
075 B002900 14984
076 002900 0.00
008 A003001 KEY ASSET MANAGEMENT, INC.
008 B003001 A
008 C003001 801-46878
008 D013001 CLEVELAND
008 D023001 OH
008 D033001 44114
015 A003001 KEYTRUST COMPANY OF OHIO
015 B003001 C
015 C013001 CLEVELAND
015 C023001 OH
015 C033001 44114
015 E033001 X
024 003000 N
028 A013000 254
028 A023000 0
028 A033000 0
028 A043000 1211
028 B013000 139
028 B023000 141
028 B033000 0
028 B043000 1962
028 C013000 2215
028 C023000 0
<PAGE> PAGE 156
028 C033000 0
028 C043000 616
028 D013000 186
028 D023000 0
028 D033000 0
028 D043000 1016
028 E013000 89
028 E023000 157
028 E033000 0
028 E043000 542
028 F013000 81
028 F023000 0
028 F033000 0
028 F043000 1067
028 G013000 2964
028 G023000 298
028 G033000 0
028 G043000 6414
028 H003000 0
029 003000 Y
030 A003000 0
030 B003000 5.75
030 C003000 0.00
031 A003000 0
031 B003000 0
032 003000 0
033 003000 0
034 003000 N
035 003000 0
036 B003000 0
037 003000 N
038 003000 0
039 003000 N
040 003000 N
041 003000 N
042 A003000 0
042 B003000 0
042 C003000 0
042 D003000 0
042 E003000 0
042 F003000 0
042 G003000 0
042 H003000 0
043 003000 0
044 003000 0
045 003000 Y
046 003000 N
047 003000 Y
048 003000 0.200
048 A013000 0
048 A023000 0.000
<PAGE> PAGE 157
048 B013000 0
048 B023000 0.000
048 C013000 0
048 C023000 0.000
048 D013000 0
048 D023000 0.000
048 E013000 0
048 E023000 0.000
048 F013000 0
048 F023000 0.000
048 G013000 0
048 G023000 0.000
048 H013000 0
048 H023000 0.000
048 I013000 0
048 I023000 0.000
048 J013000 0
048 J023000 0.000
048 K013000 0
048 K023000 0.000
049 003000 N
050 003000 N
051 003000 N
052 003000 N
053 A003000 Y
053 B003000 Y
053 C003000 N
055 A003000 Y
055 B003000 N
056 003000 Y
057 003000 N
058 A003000 N
058 B003000 N
058 C003000 N
058 D003000 N
058 E003000 N
059 003000 Y
060 A003000 Y
060 B003000 Y
061 003000 500
062 A003000 N
062 B003000 0.0
062 C003000 0.0
062 D003000 0.0
062 E003000 0.0
062 F003000 0.0
062 G003000 0.0
062 H003000 0.0
062 I003000 0.0
062 J003000 0.0
062 K003000 0.0
<PAGE> PAGE 158
062 L003000 0.0
062 M003000 0.0
062 N003000 0.0
062 O003000 0.0
062 P003000 0.0
062 Q003000 0.0
062 R003000 0.0
063 A003000 0
063 B003000 0.0
066 A003000 Y
066 B003000 N
066 C003000 N
066 D003000 N
066 E003000 Y
066 F003000 N
066 G003000 N
067 003000 N
068 A003000 N
068 B003000 N
069 003000 N
070 A013000 Y
070 A023000 N
070 B013000 Y
070 B023000 N
070 C013000 Y
070 C023000 N
070 D013000 Y
070 D023000 N
070 E013000 N
070 E023000 N
070 F013000 Y
070 F023000 N
070 G013000 Y
070 G023000 N
070 H013000 Y
070 H023000 N
070 I013000 Y
070 I023000 N
070 J013000 Y
070 J023000 N
070 K013000 Y
070 K023000 N
070 L013000 Y
070 L023000 N
070 M013000 Y
070 M023000 N
070 N013000 Y
070 N023000 N
070 O013000 Y
070 O023000 N
070 P013000 N
<PAGE> PAGE 159
070 P023000 N
070 Q013000 Y
070 Q023000 N
070 R013000 Y
070 R023000 N
071 A003000 17687
071 B003000 15091
071 C003000 21784
071 D003000 69
072 A003000 12
072 B003000 0
072 C003000 625
072 D003000 0
072 E003000 0
072 F003000 46
072 G003000 12
072 H003000 0
072 I003000 14
072 J003000 2
072 K003000 0
072 L003000 5
072 M003000 0
072 N003000 20
072 O003000 0
072 P003000 0
072 Q003000 42
072 R003000 9
072 S003000 0
072 T003000 0
072 U003000 10
072 V003000 0
072 W003000 2
072 X003000 162
072 Y003000 116
072 Z003000 579
072AA003000 499
072BB003000 0
072CC013000 1379
072CC023000 0
072DD013000 676
072DD023000 0
072EE003000 434
073 A013000 0.3600
073 A023000 0.0000
073 B003000 0.2500
073 C003000 0.0000
074 A003000 0
074 B003000 0
074 C003000 0
074 D003000 0
074 E003000 0
<PAGE> PAGE 160
074 F003000 0
074 G003000 0
074 H003000 0
074 I003000 22800
074 J003000 0
074 K003000 13
074 L003000 25
074 M003000 4
074 N003000 22842
074 O003000 0
074 P003000 0
074 Q003000 0
074 R013000 0
074 R023000 0
074 R033000 0
074 R043000 44
074 S003000 0
074 T003000 22798
074 U013000 1956
074 U023000 0
074 V013000 11.66
074 V023000 0.00
074 W003000 0.0000
074 X003000 88
074 Y003000 0
075 A003000 0
075 B003000 22912
076 003000 0.00
008 A003101 KEY ASSET MANAGEMENT, INC.
008 B003101 A
008 C003101 801-46878
008 D013101 CLEVELAND
008 D023101 OH
008 D033101 44114
015 A003101 KEYTRUST COMPANY OF OHIO
015 B003101 C
015 C013101 CLEVELAND
015 C023101 OH
015 C033101 44114
015 E033101 X
024 003100 N
028 A013100 151
028 A023100 0
028 A033100 0
028 A043100 253
028 B013100 75
028 B023100 74
028 B033100 0
028 B043100 463
028 C013100 547
028 C023100 0
<PAGE> PAGE 161
028 C033100 0
028 C043100 274
028 D013100 227
028 D023100 0
028 D033100 0
028 D043100 363
028 E013100 114
028 E023100 72
028 E033100 0
028 E043100 885
028 F013100 104
028 F023100 0
028 F033100 0
028 F043100 529
028 G013100 1218
028 G023100 146
028 G033100 0
028 G043100 2767
028 H003100 0
029 003100 Y
030 A003100 0
030 B003100 5.75
030 C003100 0.00
031 A003100 0
031 B003100 0
032 003100 0
033 003100 0
034 003100 N
035 003100 0
036 B003100 0
037 003100 N
038 003100 0
039 003100 N
040 003100 N
041 003100 N
042 A003100 0
042 B003100 0
042 C003100 0
042 D003100 0
042 E003100 0
042 F003100 0
042 G003100 0
042 H003100 0
043 003100 0
044 003100 0
045 003100 Y
046 003100 N
047 003100 Y
048 003100 0.200
048 A013100 0
048 A023100 0.000
<PAGE> PAGE 162
048 B013100 0
048 B023100 0.000
048 C013100 0
048 C023100 0.000
048 D013100 0
048 D023100 0.000
048 E013100 0
048 E023100 0.000
048 F013100 0
048 F023100 0.000
048 G013100 0
048 G023100 0.000
048 H013100 0
048 H023100 0.000
048 I013100 0
048 I023100 0.000
048 J013100 0
048 J023100 0.000
048 K013100 0
048 K023100 0.000
049 003100 N
050 003100 N
051 003100 N
052 003100 N
053 A003100 Y
053 B003100 Y
053 C003100 N
055 A003100 Y
055 B003100 N
056 003100 Y
057 003100 N
058 A003100 N
058 B003100 N
058 C003100 N
058 D003100 N
058 E003100 N
059 003100 Y
060 A003100 Y
060 B003100 Y
061 003100 500
062 A003100 N
062 B003100 0.0
062 C003100 0.0
062 D003100 0.0
062 E003100 0.0
062 F003100 0.0
062 G003100 0.0
062 H003100 0.0
062 I003100 0.0
062 J003100 0.0
062 K003100 0.0
<PAGE> PAGE 163
062 L003100 0.0
062 M003100 0.0
062 N003100 0.0
062 O003100 0.0
062 P003100 0.0
062 Q003100 0.0
062 R003100 0.0
063 A003100 0
063 B003100 0.0
066 A003100 Y
066 B003100 N
066 C003100 N
066 D003100 N
066 E003100 Y
066 F003100 N
066 G003100 N
067 003100 N
068 A003100 N
068 B003100 N
069 003100 N
070 A013100 Y
070 A023100 N
070 B013100 Y
070 B023100 N
070 C013100 Y
070 C023100 N
070 D013100 N
070 D023100 N
070 E013100 N
070 E023100 N
070 F013100 N
070 F023100 N
070 G013100 N
070 G023100 N
070 H013100 N
070 H023100 N
070 I013100 N
070 I023100 N
070 J013100 Y
070 J023100 N
070 K013100 Y
070 K023100 N
070 L013100 Y
070 L023100 N
070 M013100 Y
070 M023100 N
070 N013100 Y
070 N023100 N
070 O013100 Y
070 O023100 N
070 P013100 N
<PAGE> PAGE 164
070 P023100 N
070 Q013100 Y
070 Q023100 N
070 R013100 Y
070 R023100 N
071 A003100 4276
071 B003100 5336
071 C003100 7515
071 D003100 57
072 A003100 12
072 B003100 0
072 C003100 327
072 D003100 0
072 E003100 0
072 F003100 16
072 G003100 12
072 H003100 0
072 I003100 10
072 J003100 1
072 K003100 0
072 L003100 2
072 M003100 0
072 N003100 16
072 O003100 0
072 P003100 0
072 Q003100 42
072 R003100 5
072 S003100 0
072 T003100 0
072 U003100 10
072 V003100 0
072 W003100 1
072 X003100 115
072 Y003100 100
072 Z003100 312
072AA003100 0
072BB003100 13
072CC013100 315
072CC023100 0
072DD013100 411
072DD023100 0
072EE003100 162
073 A013100 0.5800
073 A023100 0.0000
073 B003100 0.2200
073 C003100 0.0000
074 A003100 0
074 B003100 0
074 C003100 0
074 D003100 0
074 E003100 0
<PAGE> PAGE 165
074 F003100 0
074 G003100 0
074 H003100 0
074 I003100 6694
074 J003100 0
074 K003100 9
074 L003100 23
074 M003100 3
074 N003100 6729
074 O003100 0
074 P003100 0
074 Q003100 0
074 R013100 0
074 R023100 0
074 R033100 0
074 R043100 43
074 S003100 0
074 T003100 6686
074 U013100 620
074 U023100 0
074 V013100 10.78
074 V023100 0.00
074 W003100 0.0000
074 X003100 27
074 Y003100 0
075 A003100 0
075 B003100 7866
076 003100 0.00
008 A003201 KEY ASSET MANAGEMENT, INC.
008 B003201 A
008 C003201 801-46878
008 D013201 CLEVELAND
008 D023201 OH
008 D033201 44114
015 A003201 KEYTRUST COMPNAY OF OHIO
015 B003201 C
015 C013201 CLEVELAND
015 C023201 OH
015 C033201 44114
015 E033201 X
024 003200 Y
025 A003201 GENERAL ELECTRIC CAPITAL CORP.
025 C003201 D
025 D003201 9116
025 A003202 MORGAN STANLEY DEAN WITTER
025 B003202 94-1671384
025 C003202 E
025 D003202 7722
025 A003203 PAINE WEBBER
025 B003203 13-2638166
025 C003203 E
<PAGE> PAGE 166
025 D003203 6520
025 D003204 0
025 D003205 0
025 D003206 0
025 D003207 0
025 D003208 0
028 A013200 6131
028 A023200 0
028 A033200 0
028 A043200 16624
028 B013200 4859
028 B023200 132
028 B033200 0
028 B043200 11722
028 C013200 5039
028 C023200 0
028 C033200 0
028 C043200 14853
028 D013200 4414
028 D023200 0
028 D033200 0
028 D043200 12330
028 E013200 3814
028 E023200 352
028 E033200 0
028 E043200 9891
028 F013200 3767
028 F023200 0
028 F033200 0
028 F043200 6775
028 G013200 28024
028 G023200 484
028 G033200 0
028 G043200 72195
028 H003200 0
029 003200 N
030 A003200 0
030 B003200 0.00
030 C003200 0.00
031 A003200 0
031 B003200 0
032 003200 0
033 003200 0
034 003200 N
035 003200 0
036 B003200 0
037 003200 N
038 003200 0
039 003200 N
040 003200 Y
041 003200 Y
<PAGE> PAGE 167
042 A003200 0
042 B003200 0
042 C003200 0
042 D003200 100
042 E003200 0
042 F003200 0
042 G003200 0
042 H003200 0
043 003200 1717
044 003200 0
045 003200 Y
046 003200 N
047 003200 Y
048 003200 0.000
048 A013200 100000
048 A023200 0.650
048 B013200 100000
048 B023200 0.550
048 C013200 0
048 C023200 0.000
048 D013200 0
048 D023200 0.000
048 E013200 0
048 E023200 0.000
048 F013200 0
048 F023200 0.000
048 G013200 0
048 G023200 0.000
048 H013200 0
048 H023200 0.000
048 I013200 0
048 I023200 0.000
048 J013200 0
048 J023200 0.000
048 K013200 200000
048 K023200 0.450
049 003200 N
050 003200 N
051 003200 N
052 003200 N
053 A003200 Y
053 B003200 Y
053 C003200 N
055 A003200 N
055 B003200 N
056 003200 Y
057 003200 N
058 A003200 N
058 B003200 N
058 C003200 N
058 D003200 N
<PAGE> PAGE 168
058 E003200 N
059 003200 Y
060 A003200 Y
060 B003200 Y
061 003200 500
062 A003200 N
062 B003200 0.0
062 C003200 0.0
062 D003200 0.0
062 E003200 0.0
062 F003200 0.0
062 G003200 0.0
062 H003200 0.0
062 I003200 0.0
062 J003200 0.0
062 K003200 0.0
062 L003200 0.0
062 M003200 0.0
062 N003200 0.0
062 O003200 0.0
062 P003200 0.0
062 Q003200 0.0
062 R003200 0.0
063 A003200 0
063 B003200 0.0
066 A003200 Y
066 B003200 N
066 C003200 Y
066 D003200 N
066 E003200 N
066 F003200 N
066 G003200 N
067 003200 N
068 A003200 N
068 B003200 N
069 003200 N
070 A013200 Y
070 A023200 Y
070 B013200 N
070 B023200 N
070 C013200 N
070 C023200 N
070 D013200 N
070 D023200 N
070 E013200 N
070 E023200 N
070 F013200 N
070 F023200 N
070 G013200 N
070 G023200 N
070 H013200 N
<PAGE> PAGE 169
070 H023200 N
070 I013200 N
070 I023200 N
070 J013200 N
070 J023200 N
070 K013200 Y
070 K023200 N
070 L013200 N
070 L023200 N
070 M013200 N
070 M023200 N
070 N013200 Y
070 N023200 N
070 O013200 Y
070 O023200 N
070 P013200 N
070 P023200 N
070 Q013200 N
070 Q023200 N
070 R013200 N
070 R023200 N
071 A003200 53966
071 B003200 104473
071 C003200 473356
071 D003200 11
072 A003200 12
072 B003200 378
072 C003200 2868
072 D003200 0
072 E003200 0
072 F003200 1471
072 G003200 391
072 H003200 0
072 I003200 115
072 J003200 60
072 K003200 0
072 L003200 56
072 M003200 3
072 N003200 5
072 O003200 0
072 P003200 0
072 Q003200 54
072 R003200 47
072 S003200 0
072 T003200 1439
072 U003200 0
072 V003200 0
072 W003200 6
072 X003200 3647
072 Y003200 484
072 Z003200 83
<PAGE> PAGE 170
072AA003200 30682
072BB003200 0
072CC013200 14949
072CC023200 0
072DD013200 0
072DD023200 485
072EE003200 0
073 A013200 0.0300
073 A023200 0.0000
073 B003200 0.0000
073 C003200 0.0000
074 A003200 0
074 B003200 0
074 C003200 9116
074 D003200 0
074 E003200 0
074 F003200 459826
074 G003200 0
074 H003200 0
074 I003200 0
074 J003200 754
074 K003200 0
074 L003200 251
074 M003200 25
074 N003200 469972
074 O003200 0
074 P003200 177
074 Q003200 0
074 R013200 0
074 R023200 0
074 R033200 0
074 R043200 507
074 S003200 0
074 T003200 469288
074 U013200 13678
074 U023200 0
074 V013200 34.31
074 V023200 0.00
074 W003200 0.0000
074 X003200 11623
074 Y003200 0
075 A003200 0
075 B003200 490741
076 003200 0.00
008 A003301 KEY ASSET MANAGEMENT, INC.
008 B003301 A
008 C003301 801-46878
008 D013301 CLEVELAND
008 D023301 OH
008 D033301 44114
015 A003301 KEYTRUST COMPANY OF OHIO
<PAGE> PAGE 171
015 B003301 C
015 C013301 CLEVELAND
015 C023301 OH
015 C033301 44114
015 E033301 X
028 A013300 672934
028 A023300 7499
028 A033300 0
028 A043300 702236
028 B013300 725899
028 B023300 7482
028 B033300 0
028 B043300 758934
028 C013300 722268
028 C023300 7310
028 C033300 0
028 C043300 752306
028 D013300 634305
028 D023300 7641
028 D033300 0
028 D043300 638230
028 E013300 653120
028 E023300 7740
028 E033300 0
028 E043300 729424
028 F013300 655277
028 F023300 7620
028 F033300 0
028 F043300 653631
028 G013300 4063803
028 G023300 45292
028 G033300 0
028 G043300 4234761
028 H003300 0
029 003300 N
030 A003300 0
030 B003300 0.00
030 C003300 0.00
031 A003300 0
031 B003300 0
032 003300 0
033 003300 0
034 003300 N
035 003300 0
036 B003300 0
037 003300 N
038 003300 0
039 003300 N
040 003300 N
041 003300 N
045 003300 Y
<PAGE> PAGE 172
046 003300 N
047 003300 Y
048 003300 0.000
048 A013300 400000
048 A023300 0.500
048 B013300 600000
048 B023300 0.450
048 C013300 1000000
048 C023300 0.400
048 D013300 0
048 D023300 0.000
048 E013300 0
048 E023300 0.000
048 F013300 0
048 F023300 0.000
048 G013300 0
048 G023300 0.000
048 H013300 0
048 H023300 0.000
048 I013300 0
048 I023300 0.000
048 J013300 0
048 J023300 0.000
048 K013300 2000000
048 K023300 0.350
049 003300 N
050 003300 N
051 003300 N
052 003300 N
053 A003300 Y
053 B003300 Y
053 C003300 N
055 A003300 N
055 B003300 N
056 003300 Y
057 003300 N
058 A003300 N
058 B003300 N
058 C003300 N
058 D003300 N
058 E003300 N
059 003300 Y
060 A003300 Y
060 B003300 Y
061 003300 500
062 A003300 Y
062 B003300 0.0
062 C003300 99.8
062 D003300 0.0
062 E003300 0.0
062 F003300 0.0
<PAGE> PAGE 173
062 G003300 0.0
062 H003300 0.0
062 I003300 0.0
062 J003300 0.0
062 K003300 0.0
062 L003300 0.0
062 M003300 0.0
062 N003300 0.0
062 O003300 0.0
062 P003300 0.0
062 Q003300 0.0
062 R003300 0.0
063 A003300 45
063 B003300 0.0
064 A003300 N
064 B003300 N
066 A003300 N
067 003300 N
068 A003300 N
068 B003300 N
069 003300 N
070 A013300 Y
070 A023300 Y
070 B013300 N
070 B023300 N
070 C013300 N
070 C023300 N
070 D013300 N
070 D023300 N
070 E013300 N
070 E023300 N
070 F013300 N
070 F023300 N
070 G013300 N
070 G023300 N
070 H013300 N
070 H023300 N
070 I013300 N
070 I023300 N
070 J013300 Y
070 J023300 N
070 K013300 Y
070 K023300 N
070 L013300 N
070 L023300 N
070 M013300 N
070 M023300 N
070 N013300 Y
070 N023300 N
070 O013300 Y
070 O023300 N
<PAGE> PAGE 174
070 P013300 N
070 P023300 N
070 Q013300 N
070 Q023300 N
070 R013300 Y
070 R023300 N
071 A003300 0
071 B003300 0
071 C003300 0
071 D003300 0
072 A003300 1
072 B003300 9207
072 C003300 0
072 D003300 0
072 E003300 0
072 F003300 750
072 G003300 191
072 H003300 0
072 I003300 276
072 J003300 31
072 K003300 0
072 L003300 6
072 M003300 4
072 N003300 2
072 O003300 0
072 P003300 0
072 Q003300 11
072 R003300 14
072 S003300 0
072 T003300 173
072 U003300 0
072 V003300 0
072 W003300 1
072 X003300 1459
072 Y003300 219
072 Z003300 7967
072AA003300 0
072BB003300 0
072CC013300 0
072CC023300 0
072DD013300 7967
072DD023300 0
072EE003300 0
073 A013300 0.0040
073 A023300 0.0000
073 B003300 0.0000
073 C003300 0.0000
074 A003300 38
074 B003300 0
074 C003300 2024538
074 D003300 0
<PAGE> PAGE 175
074 E003300 0
074 F003300 0
074 G003300 0
074 H003300 0
074 I003300 0
074 J003300 0
074 K003300 0
074 L003300 12454
074 M003300 0
074 N003300 2037030
074 O003300 0
074 P003300 645
074 Q003300 0
074 R013300 0
074 R023300 0
074 R033300 0
074 R043300 8365
074 S003300 0
074 T003300 2028020
074 U013300 2028020
074 U023300 0
074 V013300 1.00
074 V023300 0.00
074 W003300 0.9994
074 X003300 141785
074 Y003300 0
075 A003300 2063308
075 B003300 0
076 003300 0.00
SIGNATURE JOEL ENGLE
TITLE TREASURER
Sub-Item 77M Mergers
On March 5, 1999, there was a special shareholder meeting of Gradison
Growth Trust, Gradison-McDonald Municipal Custodian Trust, Gradison-
McDonald Cash Reserves Trust, and Gradison Custodian Trust. The meeting
was to vote on the reorganization (merger) of the Gradison Mutual Funds
into the Victory Portfolios. The reorganization was passed.
At the close of business on March 26, 1999:
Gradison Growth & Income Fund merged into Victory Diversified Stock Fund;
Gradison International Fund merged into Victory International Growth Fund;
and
Gradison Ohio Tax-Free Income Fund merged into Victory Ohio Municipal
Bond Fund.
Also the Gradison Government Income Fund merged into the Victory Fund
for Income with the Victory Fund for Income taking on the history of the
Gradison Government Income Fund.
Also the Gradison Opportunity Value Fund merged into the Victory Special
Growth Fund with the Victory Special Growth Fund changing its name to
Victory Small Company Opportunity Fund and taking on the history of
Gradison Opportunity Value Fund. The Gradison Opportunity Value Fund's
investment policy required 70% of the total assets of the portfolio in
equity securities of companies with market capitalizations of approximately
$1 billion or less. The Victory Special Growth Fund's investment policy
required 65% of total assets of the portfolio in equity securities of
companies with market capitalizations of approximately $1 billion or less.
The Victory Small Company Opportunity Fund's investment policy requires
80% of total assets of the portfolio in equity securities with market
capitalizations of approximately $1 billion or less.
At the close of business on April 1, 1999:
Gradison Established Value Fund merged into Victory Established Value
Fund and
Gradison U.S. Government Reserves Fund merged into Gradison Government
Reserves Fund.
Both funds retained their respective histories.
As of March 29, 1999 the Gradison Custodian Trust and the Gradison-McDonald
Municipal Custodian Trust ceased operations. As of April 5, 1999 the
Gradison Growth Trust and the Gradison-McDonald Cash Reserves Trust ceased
operations.
Report of Independent Accountants
To the Trustees of
The Victory Portfolios:
In planning and performing our audits of the financial statements of
The Victory Portfolios for the year ended October 31, 1999 we considered
its internal control, including controls over 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 Victory Portfolios are responsible for establishing
and maintaining internal control. In fulfilling this responsibility,
estimates and judgements by management are required to assess the expected
benefits and related costs of controls. 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
irregularities may occur and may 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 component does not reduce to a
relatively low level the risk that errors or irregularities 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 over
safeguarding securities, that we consider to be material weaknesses as
defined above as of October 31, 1999.
This report is intended solely for the information and use of management
and the Trustees of The Victory Portfolios and the Securities and Exchange
Commission and is not intended to be and should not be used by anyone other
than these specified parties.
December 16, 1999
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 011
<NAME> VICTORY PRIME OBLIGATIONS FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 2060463
<INVESTMENTS-AT-VALUE> 2060463
<RECEIVABLES> 9193
<ASSETS-OTHER> 22
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2069678
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9639
<TOTAL-LIABILITIES> 9639
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2060035
<SHARES-COMMON-STOCK> 2060035
<SHARES-COMMON-PRIOR> 1378696
<ACCUMULATED-NII-CURRENT> 16
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (12)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2060039
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 90138
<OTHER-INCOME> 11
<EXPENSES-NET> 13610
<NET-INVESTMENT-INCOME> 76539
<REALIZED-GAINS-CURRENT> (12)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 76527
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 76539
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4151241
<NUMBER-OF-SHARES-REDEEMED> 3541564
<SHARES-REINVESTED> 71662
<NET-CHANGE-IN-ASSETS> 681326
<ACCUMULATED-NII-PRIOR> 16
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6046
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13610
<AVERAGE-NET-ASSETS> 1727593
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.044
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.044
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.79
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 021
<NAME> VICTORY U.S. GOVERNMENT OBLIGATIONS FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 2202141
<INVESTMENTS-AT-VALUE> 2202141
<RECEIVABLES> 7226
<ASSETS-OTHER> 37
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2209404
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9682
<TOTAL-LIABILITIES> 9682
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2199721
<SHARES-COMMON-STOCK> 386236
<SHARES-COMMON-PRIOR> 571076
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2199722
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 108083
<OTHER-INCOME> 186
<EXPENSES-NET> 15630
<NET-INVESTMENT-INCOME> 92639
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 92639
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 20842
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3987901
<NUMBER-OF-SHARES-REDEEMED> 4021260
<SHARES-REINVESTED> 60057
<NET-CHANGE-IN-ASSETS> 26698
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7640
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 15630
<AVERAGE-NET-ASSETS> 469788
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.044
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.044
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.52
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 022
<NAME> VICTORY U.S. GOVERNMENT OBLIGATIONS FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 2202141
<INVESTMENTS-AT-VALUE> 2202141
<RECEIVABLES> 7226
<ASSETS-OTHER> 37
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2209404
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9682
<TOTAL-LIABILITIES> 9682
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2199721
<SHARES-COMMON-STOCK> 1813543
<SHARES-COMMON-PRIOR> 1602005
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2199722
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 108083
<OTHER-INCOME> 186
<EXPENSES-NET> 15630
<NET-INVESTMENT-INCOME> 92639
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 92639
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 71797
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3987901
<NUMBER-OF-SHARES-REDEEMED> 4021260
<SHARES-REINVESTED> 60057
<NET-CHANGE-IN-ASSETS> 26698
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7640
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 15630
<AVERAGE-NET-ASSETS> 1712960
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.042
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.042
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.77
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 031
<NAME> VICTORY TAX-FREE MONEY MARKET FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 695501
<INVESTMENTS-AT-VALUE> 695501
<RECEIVABLES> 4149
<ASSETS-OTHER> 23
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 699673
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2040
<TOTAL-LIABILITIES> 2040
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 697664
<SHARES-COMMON-STOCK> 697662
<SHARES-COMMON-PRIOR> 465530
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (31)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 697633
<DIVIDEND-INCOME> 364
<INTEREST-INCOME> 22541
<OTHER-INCOME> 0
<EXPENSES-NET> 5490
<NET-INVESTMENT-INCOME> 17415
<REALIZED-GAINS-CURRENT> (27)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 17388
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 17415
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1771474
<NUMBER-OF-SHARES-REDEEMED> 1551225
<SHARES-REINVESTED> 11883
<NET-CHANGE-IN-ASSETS> 232105
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 4
<GROSS-ADVISORY-FEES> 2429
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5490
<AVERAGE-NET-ASSETS> 693911
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.025
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.025
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.79
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 041
<NAME> VICTORY OHIO REGIONAL STOCK FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 13652
<INVESTMENTS-AT-VALUE> 24403
<RECEIVABLES> 41
<ASSETS-OTHER> 6
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 24450
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 187
<TOTAL-LIABILITIES> 187
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5025
<SHARES-COMMON-STOCK> 23529
<SHARES-COMMON-PRIOR> 2016
<ACCUMULATED-NII-CURRENT> 11
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8476
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10751
<NET-ASSETS> 24263
<DIVIDEND-INCOME> 775
<INTEREST-INCOME> 5
<OTHER-INCOME> 4
<EXPENSES-NET> 484
<NET-INVESTMENT-INCOME> 300
<REALIZED-GAINS-CURRENT> 8475
<APPREC-INCREASE-CURRENT> (10275)
<NET-CHANGE-FROM-OPS> (1500)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 295
<DISTRIBUTIONS-OF-GAINS> 4990
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 201
<NUMBER-OF-SHARES-REDEEMED> 1031
<SHARES-REINVESTED> 193
<NET-CHANGE-IN-ASSETS> (18391)
<ACCUMULATED-NII-PRIOR> 7
<ACCUMULATED-GAINS-PRIOR> 4990
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 255
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 523
<AVERAGE-NET-ASSETS> 33050
<PER-SHARE-NAV-BEGIN> 20.67
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> (1.26)
<PER-SHARE-DIVIDEND> 0.17
<PER-SHARE-DISTRIBUTIONS> 2.42
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.00
<EXPENSE-RATIO> 1.39
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 042
<NAME> VICTORY OHIO REGIONAL STOCK FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 13652
<INVESTMENTS-AT-VALUE> 24403
<RECEIVABLES> 41
<ASSETS-OTHER> 6
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 24450
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 187
<TOTAL-LIABILITIES> 187
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5025
<SHARES-COMMON-STOCK> 734
<SHARES-COMMON-PRIOR> 49
<ACCUMULATED-NII-CURRENT> 11
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8476
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10751
<NET-ASSETS> 24263
<DIVIDEND-INCOME> 775
<INTEREST-INCOME> 5
<OTHER-INCOME> 4
<EXPENSES-NET> 484
<NET-INVESTMENT-INCOME> 300
<REALIZED-GAINS-CURRENT> 8475
<APPREC-INCREASE-CURRENT> (10275)
<NET-CHANGE-FROM-OPS> (1500)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 201
<NUMBER-OF-SHARES-REDEEMED> 1031
<SHARES-REINVESTED> 193
<NET-CHANGE-IN-ASSETS> (18391)
<ACCUMULATED-NII-PRIOR> 7
<ACCUMULATED-GAINS-PRIOR> 4990
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 255
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 523
<AVERAGE-NET-ASSETS> 926
<PER-SHARE-NAV-BEGIN> 20.30
<PER-SHARE-NII> (0.10)
<PER-SHARE-GAIN-APPREC> (1.18)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 2.42
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.60
<EXPENSE-RATIO> 2.64
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 051
<NAME> VICTORY DIVERSIFIED STOCK FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 1187002
<INVESTMENTS-AT-VALUE> 1333518
<RECEIVABLES> 6612
<ASSETS-OTHER> 39
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1341169
<PAYABLE-FOR-SECURITIES> 13423
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 193031
<TOTAL-LIABILITIES> 206454
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 811289
<SHARES-COMMON-STOCK> 53282
<SHARES-COMMON-PRIOR> 49507
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 175910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 147516
<NET-ASSETS> 1134715
<DIVIDEND-INCOME> 13935
<INTEREST-INCOME> 1691
<OTHER-INCOME> 121
<EXPENSES-NET> 12811
<NET-INVESTMENT-INCOME> 2936
<REALIZED-GAINS-CURRENT> 176486
<APPREC-INCREASE-CURRENT> 21114
<NET-CHANGE-FROM-OPS> 200536
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3340
<DISTRIBUTIONS-OF-GAINS> 198727
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18534
<NUMBER-OF-SHARES-REDEEMED> 22921
<SHARES-REINVESTED> 10957
<NET-CHANGE-IN-ASSETS> 150595
<ACCUMULATED-NII-PRIOR> 86
<ACCUMULATED-GAINS-PRIOR> 198482
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7362
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13319
<AVERAGE-NET-ASSETS> 1009201
<PER-SHARE-NAV-BEGIN> 18.85
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> 2.92
<PER-SHARE-DIVIDEND> 0.06
<PER-SHARE-DISTRIBUTIONS> 3.81
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.96
<EXPENSE-RATIO> 1.06
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 052
<NAME> VICTORY DIVERSIFIED STOCK FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 1187002
<INVESTMENTS-AT-VALUE> 1333518
<RECEIVABLES> 6612
<ASSETS-OTHER> 39
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1341169
<PAYABLE-FOR-SECURITIES> 13423
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 193031
<TOTAL-LIABILITIES> 206454
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 811289
<SHARES-COMMON-STOCK> 4053
<SHARES-COMMON-PRIOR> 2740
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 175910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 147516
<NET-ASSETS> 1134715
<DIVIDEND-INCOME> 13935
<INTEREST-INCOME> 1691
<OTHER-INCOME> 121
<EXPENSES-NET> 12811
<NET-INVESTMENT-INCOME> 2936
<REALIZED-GAINS-CURRENT> 176486
<APPREC-INCREASE-CURRENT> 21114
<NET-CHANGE-FROM-OPS> 200536
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18534
<NUMBER-OF-SHARES-REDEEMED> 22921
<SHARES-REINVESTED> 10957
<NET-CHANGE-IN-ASSETS> 150595
<ACCUMULATED-NII-PRIOR> 86
<ACCUMULATED-GAINS-PRIOR> 198482
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7362
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13319
<AVERAGE-NET-ASSETS> 66337
<PER-SHARE-NAV-BEGIN> 18.60
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 2.84
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 3.81
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.55
<EXPENSE-RATIO> 2.06
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 053
<NAME> VICTORY DIVERSIFIED STOCK FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 1187002
<INVESTMENTS-AT-VALUE> 1333518
<RECEIVABLES> 6612
<ASSETS-OTHER> 39
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1341169
<PAYABLE-FOR-SECURITIES> 13423
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 193031
<TOTAL-LIABILITIES> 206454
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 811289
<SHARES-COMMON-STOCK> 5938
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 175910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 147516
<NET-ASSETS> 1134715
<DIVIDEND-INCOME> 13935
<INTEREST-INCOME> 1691
<OTHER-INCOME> 121
<EXPENSES-NET> 12811
<NET-INVESTMENT-INCOME> 2936
<REALIZED-GAINS-CURRENT> 176486
<APPREC-INCREASE-CURRENT> 21114
<NET-CHANGE-FROM-OPS> 200536
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4
<DISTRIBUTIONS-OF-GAINS> 198727
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18534
<NUMBER-OF-SHARES-REDEEMED> 22921
<SHARES-REINVESTED> 10957
<NET-CHANGE-IN-ASSETS> 150595
<ACCUMULATED-NII-PRIOR> 86
<ACCUMULATED-GAINS-PRIOR> 198482
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7362
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13319
<AVERAGE-NET-ASSETS> 96724
<PER-SHARE-NAV-BEGIN> 17.14
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> .82
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.95
<EXPENSE-RATIO> 1.35
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 061
<NAME> VICTORY LIMITED TERM INCOME FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 60582
<INVESTMENTS-AT-VALUE> 60028
<RECEIVABLES> 908
<ASSETS-OTHER> 7
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 60943
<PAYABLE-FOR-SECURITIES> 390
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13065
<TOTAL-LIABILITIES> 13455
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 51958
<SHARES-COMMON-STOCK> 4882
<SHARES-COMMON-PRIOR> 8089
<ACCUMULATED-NII-CURRENT> 51
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3967)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (554)
<NET-ASSETS> 47488
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4570
<OTHER-INCOME> 20
<EXPENSES-NET> 737
<NET-INVESTMENT-INCOME> 3853
<REALIZED-GAINS-CURRENT> (1162)
<APPREC-INCREASE-CURRENT> (1429)
<NET-CHANGE-FROM-OPS> 1262
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3852
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1351
<NUMBER-OF-SHARES-REDEEMED> 4834
<SHARES-REINVESTED> 276
<NET-CHANGE-IN-ASSETS> (33855)
<ACCUMULATED-NII-PRIOR> 37
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 2792
<GROSS-ADVISORY-FEES> 373
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 835
<AVERAGE-NET-ASSETS> 76579
<PER-SHARE-NAV-BEGIN> 10.06
<PER-SHARE-NII> 0.50
<PER-SHARE-GAIN-APPREC> (0.33)
<PER-SHARE-DIVIDEND> 0.50
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.73
<EXPENSE-RATIO> 0.96
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 071
<NAME> VICTORY OHIO MUNICIPAL BOND FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 195281
<INVESTMENTS-AT-VALUE> 193140
<RECEIVABLES> 4999
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 198139
<PAYABLE-FOR-SECURITIES> 500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 197
<TOTAL-LIABILITIES> 697
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 200037
<SHARES-COMMON-STOCK> 6750
<SHARES-COMMON-PRIOR> 6872
<ACCUMULATED-NII-CURRENT> 69
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (523)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2141)
<NET-ASSETS> 197442
<DIVIDEND-INCOME> 154
<INTEREST-INCOME> 7750
<OTHER-INCOME> 0
<EXPENSES-NET> 1409
<NET-INVESTMENT-INCOME> 6495
<REALIZED-GAINS-CURRENT> (523)
<APPREC-INCREASE-CURRENT> (7432)
<NET-CHANGE-FROM-OPS> (1460)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3392
<DISTRIBUTIONS-OF-GAINS> 1285
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3513
<NUMBER-OF-SHARES-REDEEMED> 3387
<SHARES-REINVESTED> 362
<NET-CHANGE-IN-ASSETS> 114738
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> 1234
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 931
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1753
<AVERAGE-NET-ASSETS> 47952
<PER-SHARE-NAV-BEGIN> 12.04
<PER-SHARE-NII> 0.49
<PER-SHARE-GAIN-APPREC> (0.75)
<PER-SHARE-DIVIDEND> 0.49
<PER-SHARE-DISTRIBUTIONS> 0.18
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.11
<EXPENSE-RATIO> 0.92
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 072
<NAME> VICTORY OHIO MUNICIPAL BOND FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 195281
<INVESTMENTS-AT-VALUE> 193140
<RECEIVABLES> 4999
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 198139
<PAYABLE-FOR-SECURITIES> 500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 197
<TOTAL-LIABILITIES> 697
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 200037
<SHARES-COMMON-STOCK> 11039
<SHARES-COMMON-PRIOR> 6872
<ACCUMULATED-NII-CURRENT> 69
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (523)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2141)
<NET-ASSETS> 197442
<DIVIDEND-INCOME> 154
<INTEREST-INCOME> 7750
<OTHER-INCOME> 0
<EXPENSES-NET> 1409
<NET-INVESTMENT-INCOME> 6495
<REALIZED-GAINS-CURRENT> (523)
<APPREC-INCREASE-CURRENT> (7432)
<NET-CHANGE-FROM-OPS> (1460)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3059
<DISTRIBUTIONS-OF-GAINS> 1285
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3513
<NUMBER-OF-SHARES-REDEEMED> 3387
<SHARES-REINVESTED> 362
<NET-CHANGE-IN-ASSETS> 114738
<ACCUMULATED-NII-PRIOR> 75
<ACCUMULATED-GAINS-PRIOR> 1234
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 931
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1753
<AVERAGE-NET-ASSETS> 124554
<PER-SHARE-NAV-BEGIN> 11.79
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> (0.70)
<PER-SHARE-DIVIDEND> 0.28
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.09
<EXPENSE-RATIO> 0.90
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 081
<NAME> VICTORY GOVERNMENT MORTGAGE FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 99860
<INVESTMENTS-AT-VALUE> 98709
<RECEIVABLES> 637
<ASSETS-OTHER> 58
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 99404
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 78
<TOTAL-LIABILITIES> 78
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 103722
<SHARES-COMMON-STOCK> 9364
<SHARES-COMMON-PRIOR> 9493
<ACCUMULATED-NII-CURRENT> 107
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3352)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1151)
<NET-ASSETS> 99326
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6855
<OTHER-INCOME> 0
<EXPENSES-NET> 1016
<NET-INVESTMENT-INCOME> 5839
<REALIZED-GAINS-CURRENT> (2539)
<APPREC-INCREASE-CURRENT> (1918)
<NET-CHANGE-FROM-OPS> 1382
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5768
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2178
<NUMBER-OF-SHARES-REDEEMED> 2593
<SHARES-REINVESTED> 286
<NET-CHANGE-IN-ASSETS> (5759)
<ACCUMULATED-NII-PRIOR> 30
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 807
<GROSS-ADVISORY-FEES> 515
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1113
<AVERAGE-NET-ASSETS> 102958
<PER-SHARE-NAV-BEGIN> 11.07
<PER-SHARE-NII> 0.62
<PER-SHARE-GAIN-APPREC> (0.47)
<PER-SHARE-DIVIDEND> 0.61
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.61
<EXPENSE-RATIO> 0.99
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 091
<NAME> VICTORY INTERNATIONAL GROWTH FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 149398
<INVESTMENTS-AT-VALUE> 186645
<RECEIVABLES> 396
<ASSETS-OTHER> 2237
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 189278
<PAYABLE-FOR-SECURITIES> 1767
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 357
<TOTAL-LIABILITIES> 2124
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129544
<SHARES-COMMON-STOCK> 9038
<SHARES-COMMON-PRIOR> 10196
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (555)
<ACCUMULATED-NET-GAINS> 20926
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 37239
<NET-ASSETS> 187154
<DIVIDEND-INCOME> 1894
<INTEREST-INCOME> 273
<OTHER-INCOME> (168)
<EXPENSES-NET> 2808
<NET-INVESTMENT-INCOME> (809)
<REALIZED-GAINS-CURRENT> 21271
<APPREC-INCREASE-CURRENT> 25036
<NET-CHANGE-FROM-OPS> 45498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 4776
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10645
<NUMBER-OF-SHARES-REDEEMED> 12116
<SHARES-REINVESTED> 228
<NET-CHANGE-IN-ASSETS> 52311
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4435
<OVERDISTRIB-NII-PRIOR> 134
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1733
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2996
<AVERAGE-NET-ASSETS> 136401
<PER-SHARE-NAV-BEGIN> 13.19
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> 3.85
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.48
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.51
<EXPENSE-RATIO> 1.75
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 092
<NAME> VICTORY INTERNATIONAL GROWTH FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 149398
<INVESTMENTS-AT-VALUE> 186645
<RECEIVABLES> 396
<ASSETS-OTHER> 2237
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 189278
<PAYABLE-FOR-SECURITIES> 1767
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 357
<TOTAL-LIABILITIES> 2124
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129544
<SHARES-COMMON-STOCK> 40
<SHARES-COMMON-PRIOR> 27
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (555)
<ACCUMULATED-NET-GAINS> 20926
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 37239
<NET-ASSETS> 187154
<DIVIDEND-INCOME> 1894
<INTEREST-INCOME> 273
<OTHER-INCOME> (168)
<EXPENSES-NET> 2808
<NET-INVESTMENT-INCOME> (809)
<REALIZED-GAINS-CURRENT> 21271
<APPREC-INCREASE-CURRENT> 25036
<NET-CHANGE-FROM-OPS> 45498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 4776
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10645
<NUMBER-OF-SHARES-REDEEMED> 12116
<SHARES-REINVESTED> 228
<NET-CHANGE-IN-ASSETS> 52311
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4435
<OVERDISTRIB-NII-PRIOR> 134
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1733
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2996
<AVERAGE-NET-ASSETS> 529
<PER-SHARE-NAV-BEGIN> 12.82
<PER-SHARE-NII> (0.14)
<PER-SHARE-GAIN-APPREC> 3.63
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.48
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.83
<EXPENSE-RATIO> 3.03
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 093
<NAME> VICTORY INTERNATIONAL GROWTH FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 149398
<INVESTMENTS-AT-VALUE> 186645
<RECEIVABLES> 396
<ASSETS-OTHER> 2237
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 189278
<PAYABLE-FOR-SECURITIES> 1767
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 357
<TOTAL-LIABILITIES> 2124
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129544
<SHARES-COMMON-STOCK> 2265
<SHARES-COMMON-PRIOR> 10196
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (555)
<ACCUMULATED-NET-GAINS> 20926
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 37239
<NET-ASSETS> 187154
<DIVIDEND-INCOME> 1894
<INTEREST-INCOME> 273
<OTHER-INCOME> (168)
<EXPENSES-NET> 2808
<NET-INVESTMENT-INCOME> (809)
<REALIZED-GAINS-CURRENT> 21271
<APPREC-INCREASE-CURRENT> 25036
<NET-CHANGE-FROM-OPS> 45498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 4776
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10645
<NUMBER-OF-SHARES-REDEEMED> 12116
<SHARES-REINVESTED> 228
<NET-CHANGE-IN-ASSETS> 52311
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4435
<OVERDISTRIB-NII-PRIOR> 134
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1733
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2996
<AVERAGE-NET-ASSETS> 34632
<PER-SHARE-NAV-BEGIN> 13.73
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> 2.78
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.48
<EXPENSE-RATIO> 2.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 101
<NAME> VICTORY GROWTH FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 304897
<INVESTMENTS-AT-VALUE> 451961
<RECEIVABLES> 1202
<ASSETS-OTHER> 10
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 453173
<PAYABLE-FOR-SECURITIES> 3302
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 32454
<TOTAL-LIABILITIES> 35756
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 249554
<SHARES-COMMON-STOCK> 16891
<SHARES-COMMON-PRIOR> 12466
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 20799
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 147064
<NET-ASSETS> 417417
<DIVIDEND-INCOME> 3956
<INTEREST-INCOME> 263
<OTHER-INCOME> 9
<EXPENSES-NET> 4970
<NET-INVESTMENT-INCOME> (742)
<REALIZED-GAINS-CURRENT> 20812
<APPREC-INCREASE-CURRENT> 48341
<NET-CHANGE-FROM-OPS> 68411
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 22258
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6438
<NUMBER-OF-SHARES-REDEEMED> 2949
<SHARES-REINVESTED> 936
<NET-CHANGE-IN-ASSETS> 147941
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 22245
<OVERDISTRIB-NII-PRIOR> 4
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3541
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5250
<AVERAGE-NET-ASSETS> 354518
<PER-SHARE-NAV-BEGIN> 21.62
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> 4.90
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 1.77
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 24.71
<EXPENSE-RATIO> 1.41
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 111
<NAME> VICTORY BALANCED FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 409074
<INVESTMENTS-AT-VALUE> 490330
<RECEIVABLES> 7392
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 497737
<PAYABLE-FOR-SECURITIES> 4333
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 59731
<TOTAL-LIABILITIES> 64064
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 315326
<SHARES-COMMON-STOCK> 27987
<SHARES-COMMON-PRIOR> 28543
<ACCUMULATED-NII-CURRENT> 374
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 36720
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 81253
<NET-ASSETS> 433673
<DIVIDEND-INCOME> 4173
<INTEREST-INCOME> 11225
<OTHER-INCOME> 27
<EXPENSES-NET> 5800
<NET-INVESTMENT-INCOME> 9625
<REALIZED-GAINS-CURRENT> 36912
<APPREC-INCREASE-CURRENT> 2520
<NET-CHANGE-FROM-OPS> 49057
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9181
<DISTRIBUTIONS-OF-GAINS> 26725
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4001
<NUMBER-OF-SHARES-REDEEMED> 6498
<SHARES-REINVESTED> 2247
<NET-CHANGE-IN-ASSETS> 8590
<ACCUMULATED-NII-PRIOR> 112
<ACCUMULATED-GAINS-PRIOR> 26448
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4488
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6841
<AVERAGE-NET-ASSETS> 439637
<PER-SHARE-NAV-BEGIN> 14.67
<PER-SHARE-NII> 0.32
<PER-SHARE-GAIN-APPREC> 1.34
<PER-SHARE-DIVIDEND> 0.31
<PER-SHARE-DISTRIBUTIONS> 0.92
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.10
<EXPENSE-RATIO> 1.27
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 112
<NAME> VICTORY BALANCED FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 409074
<INVESTMENTS-AT-VALUE> 490330
<RECEIVABLES> 7392
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 497737
<PAYABLE-FOR-SECURITIES> 4333
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 59731
<TOTAL-LIABILITIES> 64064
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 315326
<SHARES-COMMON-STOCK> 734
<SHARES-COMMON-PRIOR> 428
<ACCUMULATED-NII-CURRENT> 374
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 36720
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 81253
<NET-ASSETS> 433673
<DIVIDEND-INCOME> 4173
<INTEREST-INCOME> 11225
<OTHER-INCOME> 27
<EXPENSES-NET> 5800
<NET-INVESTMENT-INCOME> 9625
<REALIZED-GAINS-CURRENT> 36912
<APPREC-INCREASE-CURRENT> 2520
<NET-CHANGE-FROM-OPS> 49057
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 97
<DISTRIBUTIONS-OF-GAINS> 26725
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4001
<NUMBER-OF-SHARES-REDEEMED> 6498
<SHARES-REINVESTED> 2247
<NET-CHANGE-IN-ASSETS> 8590
<ACCUMULATED-NII-PRIOR> 112
<ACCUMULATED-GAINS-PRIOR> 26448
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4488
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6841
<AVERAGE-NET-ASSETS> 9235
<PER-SHARE-NAV-BEGIN> 14.68
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 1.34
<PER-SHARE-DIVIDEND> 0.16
<PER-SHARE-DISTRIBUTIONS> 0.92
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.10
<EXPENSE-RATIO> 2.38
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 121
<NAME> VICTORY VALUE FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 478449
<INVESTMENTS-AT-VALUE> 662035
<RECEIVABLES> 1800
<ASSETS-OTHER> 13
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 663848
<PAYABLE-FOR-SECURITIES> 3811
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 48554
<TOTAL-LIABILITIES> 52365
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 357386
<SHARES-COMMON-STOCK> 32453
<SHARES-COMMON-PRIOR> 27506
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 70511
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 183586
<NET-ASSETS> 611483
<DIVIDEND-INCOME> 8892
<INTEREST-INCOME> 467
<OTHER-INCOME> 56
<EXPENSES-NET> 8230
<NET-INVESTMENT-INCOME> 1185
<REALIZED-GAINS-CURRENT> 70672
<APPREC-INCREASE-CURRENT> 29655
<NET-CHANGE-FROM-OPS> 101512
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1320
<DISTRIBUTIONS-OF-GAINS> 86132
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6393
<NUMBER-OF-SHARES-REDEEMED> 6523
<SHARES-REINVESTED> 5077
<NET-CHANGE-IN-ASSETS> 94170
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 86106
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5877
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8511
<AVERAGE-NET-ASSETS> 587926
<PER-SHARE-NAV-BEGIN> 18.81
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 3.16
<PER-SHARE-DIVIDEND> 0.04
<PER-SHARE-DISTRIBUTIONS> 3.13
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.84
<EXPENSE-RATIO> 1.40
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 131
<NAME> VICTORY STOCK INDEX FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 710036
<INVESTMENTS-AT-VALUE> 987164
<RECEIVABLES> 2831
<ASSETS-OTHER> 24
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 990019
<PAYABLE-FOR-SECURITIES> 153
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 122249
<TOTAL-LIABILITIES> 122402
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 561519
<SHARES-COMMON-STOCK> 36589
<SHARES-COMMON-PRIOR> 29827
<ACCUMULATED-NII-CURRENT> 889
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 26279
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 278930
<NET-ASSETS> 867617
<DIVIDEND-INCOME> 8872
<INTEREST-INCOME> 5644
<OTHER-INCOME> (12)
<EXPENSES-NET> 4470
<NET-INVESTMENT-INCOME> (1833)
<REALIZED-GAINS-CURRENT> 40302
<APPREC-INCREASE-CURRENT> 111423
<NET-CHANGE-FROM-OPS> 161759
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 10232
<DISTRIBUTIONS-OF-GAINS> 61389
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8819
<NUMBER-OF-SHARES-REDEEMED> 4976
<SHARES-REINVESTED> 3319
<NET-CHANGE-IN-ASSETS> 240470
<ACCUMULATED-NII-PRIOR> 1044
<ACCUMULATED-GAINS-PRIOR> 47426
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4690
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6315
<AVERAGE-NET-ASSETS> 288179
<PER-SHARE-NAV-BEGIN> 21.03
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> 4.47
<PER-SHARE-DIVIDEND> 0.29
<PER-SHARE-DISTRIBUTIONS> 2.03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 23.46
<EXPENSE-RATIO> 0.58
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 132
<NAME> VICTORY STOCK INDEX FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 710036
<INVESTMENTS-AT-VALUE> 987164
<RECEIVABLES> 2831
<ASSETS-OTHER> 24
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 990019
<PAYABLE-FOR-SECURITIES> 153
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 122249
<TOTAL-LIABILITIES> 122402
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 561519
<SHARES-COMMON-STOCK> 400
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 889
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 26279
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 278930
<NET-ASSETS> 867617
<DIVIDEND-INCOME> 8872
<INTEREST-INCOME> 5644
<OTHER-INCOME> (12)
<EXPENSES-NET> 4470
<NET-INVESTMENT-INCOME> (1833)
<REALIZED-GAINS-CURRENT> 40302
<APPREC-INCREASE-CURRENT> 111423
<NET-CHANGE-FROM-OPS> 161759
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 17
<DISTRIBUTIONS-OF-GAINS> 61389
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8819
<NUMBER-OF-SHARES-REDEEMED> 4976
<SHARES-REINVESTED> 3319
<NET-CHANGE-IN-ASSETS> 240470
<ACCUMULATED-NII-PRIOR> 1044
<ACCUMULATED-GAINS-PRIOR> 47426
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4690
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6315
<AVERAGE-NET-ASSETS> 5260
<PER-SHARE-NAV-BEGIN> 23.96
<PER-SHARE-NII> 0.06
<PER-SHARE-GAIN-APPREC> (0.50)
<PER-SHARE-DIVIDEND> 0.06
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 23.46
<EXPENSE-RATIO> 0.80
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 141
<NAME> VICTORY SPECIAL VALUE FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 245217
<INVESTMENTS-AT-VALUE> 261609
<RECEIVABLES> 2688
<ASSETS-OTHER> 41
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 264338
<PAYABLE-FOR-SECURITIES> 5552
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 25183
<TOTAL-LIABILITIES> 30735
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 204886
<SHARES-COMMON-STOCK> 17740
<SHARES-COMMON-PRIOR> 25433
<ACCUMULATED-NII-CURRENT> 57
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12268
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16392
<NET-ASSETS> 233603
<DIVIDEND-INCOME> 5224
<INTEREST-INCOME> 213
<OTHER-INCOME> 48
<EXPENSES-NET> 4071
<NET-INVESTMENT-INCOME> 1414
<REALIZED-GAINS-CURRENT> 12285
<APPREC-INCREASE-CURRENT> (10033)
<NET-CHANGE-FROM-OPS> 3666
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1724
<DISTRIBUTIONS-OF-GAINS> 14036
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2803
<NUMBER-OF-SHARES-REDEEMED> 11530
<SHARES-REINVESTED> 993
<NET-CHANGE-IN-ASSETS> (115295)
<ACCUMULATED-NII-PRIOR> 372
<ACCUMULATED-GAINS-PRIOR> 14014
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2838
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4369
<AVERAGE-NET-ASSETS> 281761
<PER-SHARE-NAV-BEGIN> 13.64
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> 0.04
<PER-SHARE-DIVIDEND> 0.08
<PER-SHARE-DISTRIBUTIONS> 0.58
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.09
<EXPENSE-RATIO> 1.43
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 142
<NAME> VICTORY SPECIAL VALUE FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 245217
<INVESTMENTS-AT-VALUE> 261609
<RECEIVABLES> 2688
<ASSETS-OTHER> 41
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 264338
<PAYABLE-FOR-SECURITIES> 5552
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 25183
<TOTAL-LIABILITIES> 30735
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 204886
<SHARES-COMMON-STOCK> 104
<SHARES-COMMON-PRIOR> 145
<ACCUMULATED-NII-CURRENT> 57
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12268
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16392
<NET-ASSETS> 233603
<DIVIDEND-INCOME> 5224
<INTEREST-INCOME> 213
<OTHER-INCOME> 48
<EXPENSES-NET> 4071
<NET-INVESTMENT-INCOME> 1414
<REALIZED-GAINS-CURRENT> 12285
<APPREC-INCREASE-CURRENT> (10033)
<NET-CHANGE-FROM-OPS> 3666
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 14036
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2803
<NUMBER-OF-SHARES-REDEEMED> 11530
<SHARES-REINVESTED> 993
<NET-CHANGE-IN-ASSETS> (115295)
<ACCUMULATED-NII-PRIOR> 372
<ACCUMULATED-GAINS-PRIOR> 14014
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2838
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4369
<AVERAGE-NET-ASSETS> 1686
<PER-SHARE-NAV-BEGIN> 13.38
<PER-SHARE-NII> (0.18)
<PER-SHARE-GAIN-APPREC> 0.13
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.58
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.75
<EXPENSE-RATIO> 2.68
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 151
<NAME> VICTORY SMALL COMPANY OPPORTUNITY FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 7-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> APR-01-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 147669
<INVESTMENTS-AT-VALUE> 172293
<RECEIVABLES> 1346
<ASSETS-OTHER> 37
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 173676
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16662
<TOTAL-LIABILITIES> 16662
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 139264
<SHARES-COMMON-STOCK> 2448
<SHARES-COMMON-PRIOR> 3119
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (6874)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 24624
<NET-ASSETS> 157014
<DIVIDEND-INCOME> 837
<INTEREST-INCOME> 112
<OTHER-INCOME> 11
<EXPENSES-NET> 1271
<NET-INVESTMENT-INCOME> (311)
<REALIZED-GAINS-CURRENT> 1814
<APPREC-INCREASE-CURRENT> 2716
<NET-CHANGE-FROM-OPS> 4219
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1512
<NUMBER-OF-SHARES-REDEEMED> 3245
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (33334)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 62
<OVERDIST-NET-GAINS-PRIOR> 7814
<GROSS-ADVISORY-FEES> 649
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1473
<AVERAGE-NET-ASSETS> 62944
<PER-SHARE-NAV-BEGIN> 20.71
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 0.38
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.08
<EXPENSE-RATIO> 0.98
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 152
<NAME> VICTORY SMALL COMPANY OPPORTUNITY FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 7-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> APR-01-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 147669
<INVESTMENTS-AT-VALUE> 172293
<RECEIVABLES> 1346
<ASSETS-OTHER> 37
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 173676
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16662
<TOTAL-LIABILITIES> 16662
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 139264
<SHARES-COMMON-STOCK> 5011
<SHARES-COMMON-PRIOR> 6073
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (6874)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 24624
<NET-ASSETS> 157014
<DIVIDEND-INCOME> 837
<INTEREST-INCOME> 112
<OTHER-INCOME> 11
<EXPENSES-NET> 1271
<NET-INVESTMENT-INCOME> (311)
<REALIZED-GAINS-CURRENT> 1814
<APPREC-INCREASE-CURRENT> 2716
<NET-CHANGE-FROM-OPS> 4219
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1512
<NUMBER-OF-SHARES-REDEEMED> 3245
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (33334)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 62
<OVERDIST-NET-GAINS-PRIOR> 7814
<GROSS-ADVISORY-FEES> 649
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1473
<AVERAGE-NET-ASSETS> 120170
<PER-SHARE-NAV-BEGIN> 20.71
<PER-SHARE-NII> (0.06)
<PER-SHARE-GAIN-APPREC> 0.39
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.04
<EXPENSE-RATIO> 1.29
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 161
<NAME> VICTORY INVESTMENT QUALITY BOND FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 160841
<INVESTMENTS-AT-VALUE> 157865
<RECEIVABLES> 5823
<ASSETS-OTHER> 7
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 163695
<PAYABLE-FOR-SECURITIES> 4106
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18627
<TOTAL-LIABILITIES> 22733
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 160420
<SHARES-COMMON-STOCK> 15052
<SHARES-COMMON-PRIOR> 16999
<ACCUMULATED-NII-CURRENT> 186
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (16669)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2975)
<NET-ASSETS> 140962
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10115
<OTHER-INCOME> 55
<EXPENSES-NET> 1701
<NET-INVESTMENT-INCOME> 8469
<REALIZED-GAINS-CURRENT> (6618)
<APPREC-INCREASE-CURRENT> (3689)
<NET-CHANGE-FROM-OPS> (1838)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 8392
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4512
<NUMBER-OF-SHARES-REDEEMED> 7036
<SHARES-REINVESTED> 587
<NET-CHANGE-IN-ASSETS> (28970)
<ACCUMULATED-NII-PRIOR> 44
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 9986
<GROSS-ADVISORY-FEES> 1169
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2091
<AVERAGE-NET-ASSETS> 155814
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.54
<PER-SHARE-GAIN-APPREC> (0.64)
<PER-SHARE-DIVIDEND> 0.53
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.37
<EXPENSE-RATIO> 1.09
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 171
<NAME> VICTORY INTERMEDIATE INCOME FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 263665
<INVESTMENTS-AT-VALUE> 258959
<RECEIVABLES> 7201
<ASSETS-OTHER> 11
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 266171
<PAYABLE-FOR-SECURITIES> 4020
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 37961
<TOTAL-LIABILITIES> 41981
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 234034
<SHARES-COMMON-STOCK> 24056
<SHARES-COMMON-PRIOR> 26004
<ACCUMULATED-NII-CURRENT> 250
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (5388)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (4706)
<NET-ASSETS> 224190
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 15144
<OTHER-INCOME> 71
<EXPENSES-NET> 2430
<NET-INVESTMENT-INCOME> 12785
<REALIZED-GAINS-CURRENT> (5275)
<APPREC-INCREASE-CURRENT> (8183)
<NET-CHANGE-FROM-OPS> (673)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 12677
<DISTRIBUTIONS-OF-GAINS> 298
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5075
<NUMBER-OF-SHARES-REDEEMED> 8002
<SHARES-REINVESTED> 979
<NET-CHANGE-IN-ASSETS> (32077)
<ACCUMULATED-NII-PRIOR> 89
<ACCUMULATED-GAINS-PRIOR> 238
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1824
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3070
<AVERAGE-NET-ASSETS> 243135
<PER-SHARE-NAV-BEGIN> 9.85
<PER-SHARE-NII> 0.50
<PER-SHARE-GAIN-APPREC> (0.52)
<PER-SHARE-DIVIDEND> 0.50
<PER-SHARE-DISTRIBUTIONS> 0.01
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.32
<EXPENSE-RATIO> 1.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 181
<NAME> VICTORY FUND FOR INCOME FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 10-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 235810
<INVESTMENTS-AT-VALUE> 230775
<RECEIVABLES> 2140
<ASSETS-OTHER> 26
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 232941
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 249
<TOTAL-LIABILITIES> 249
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 245144
<SHARES-COMMON-STOCK> 3149
<SHARES-COMMON-PRIOR> 2923
<ACCUMULATED-NII-CURRENT> 192
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (7609)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (5035)
<NET-ASSETS> 232692
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11622
<OTHER-INCOME> 0
<EXPENSES-NET> 1481
<NET-INVESTMENT-INCOME> 10141
<REALIZED-GAINS-CURRENT> (1816)
<APPREC-INCREASE-CURRENT> (7522)
<NET-CHANGE-FROM-OPS> 803
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1239
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8005
<NUMBER-OF-SHARES-REDEEMED> 4935
<SHARES-REINVESTED> 711
<NET-CHANGE-IN-ASSETS> 72980
<ACCUMULATED-NII-PRIOR> 44
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 5769
<GROSS-ADVISORY-FEES> 827
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1761
<AVERAGE-NET-ASSETS> 35159
<PER-SHARE-NAV-BEGIN> 13.14
<PER-SHARE-NII> 0.46
<PER-SHARE-GAIN-APPREC> (0.36)
<PER-SHARE-DIVIDEND> 0.45
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.79
<EXPENSE-RATIO> 1.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 182
<NAME> VICTORY FUND FOR INCOME FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 10-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 235810
<INVESTMENTS-AT-VALUE> 230775
<RECEIVABLES> 2140
<ASSETS-OTHER> 26
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 232941
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 249
<TOTAL-LIABILITIES> 249
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 245144
<SHARES-COMMON-STOCK> 15052
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 192
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (7609)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (5035)
<NET-ASSETS> 232692
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11622
<OTHER-INCOME> 0
<EXPENSES-NET> 1481
<NET-INVESTMENT-INCOME> 10141
<REALIZED-GAINS-CURRENT> (1816)
<APPREC-INCREASE-CURRENT> (7522)
<NET-CHANGE-FROM-OPS> 803
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 8850
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8005
<NUMBER-OF-SHARES-REDEEMED> 4935
<SHARES-REINVESTED> 711
<NET-CHANGE-IN-ASSETS> 72980
<ACCUMULATED-NII-PRIOR> 44
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 5769
<GROSS-ADVISORY-FEES> 827
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1761
<AVERAGE-NET-ASSETS> 174307
<PER-SHARE-NAV-BEGIN> 13.32
<PER-SHARE-NII> 0.66
<PER-SHARE-GAIN-APPREC> (0.54)
<PER-SHARE-DIVIDEND> 0.66
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.78
<EXPENSE-RATIO> 0.88
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 191
<NAME> VICTORY NATIONAL MUNICIPAL BOND FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 42127
<INVESTMENTS-AT-VALUE> 42077
<RECEIVABLES> 618
<ASSETS-OTHER> 8
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 42703
<PAYABLE-FOR-SECURITIES> 2691
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 80
<TOTAL-LIABILITIES> 2771
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 39791
<SHARES-COMMON-STOCK> 3694
<SHARES-COMMON-PRIOR> 4333
<ACCUMULATED-NII-CURRENT> 12
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 179
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (50)
<NET-ASSETS> 39932
<DIVIDEND-INCOME> 72
<INTEREST-INCOME> 2148
<OTHER-INCOME> 0
<EXPENSES-NET> 442
<NET-INVESTMENT-INCOME> 1778
<REALIZED-GAINS-CURRENT> 179
<APPREC-INCREASE-CURRENT> (2358)
<NET-CHANGE-FROM-OPS> (401)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1726
<DISTRIBUTIONS-OF-GAINS> 1095
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1205
<NUMBER-OF-SHARES-REDEEMED> 2034
<SHARES-REINVESTED> 202
<NET-CHANGE-IN-ASSETS> (9752)
<ACCUMULATED-NII-PRIOR> 30
<ACCUMULATED-GAINS-PRIOR> 1095
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 262
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 621
<AVERAGE-NET-ASSETS> 45012
<PER-SHARE-NAV-BEGIN> 10.92
<PER-SHARE-NII> 0.41
<PER-SHARE-GAIN-APPREC> (0.51)
<PER-SHARE-DIVIDEND> 0.41
<PER-SHARE-DISTRIBUTIONS> 0.24
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.17
<EXPENSE-RATIO> 0.86
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 211
<NAME> VICTORY NEW YORK TAX-FREE FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 16900
<INVESTMENTS-AT-VALUE> 17070
<RECEIVABLES> 313
<ASSETS-OTHER> 8
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 17391
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 33
<TOTAL-LIABILITIES> 33
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17193
<SHARES-COMMON-STOCK> 1175
<SHARES-COMMON-PRIOR> 1412
<ACCUMULATED-NII-CURRENT> 13
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (18)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 170
<NET-ASSETS> 17358
<DIVIDEND-INCOME> 15
<INTEREST-INCOME> 1076
<OTHER-INCOME> 0
<EXPENSES-NET> 218
<NET-INVESTMENT-INCOME> 873
<REALIZED-GAINS-CURRENT> (16)
<APPREC-INCREASE-CURRENT> (1182)
<NET-CHANGE-FROM-OPS> (325)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 738
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 324
<NUMBER-OF-SHARES-REDEEMED> 603
<SHARES-REINVESTED> 47
<NET-CHANGE-IN-ASSETS> (4152)
<ACCUMULATED-NII-PRIOR> 12
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 2
<GROSS-ADVISORY-FEES> 104
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 302
<AVERAGE-NET-ASSETS> 15370
<PER-SHARE-NAV-BEGIN> 12.80
<PER-SHARE-NII> 0.61
<PER-SHARE-GAIN-APPREC> (0.81)
<PER-SHARE-DIVIDEND> 0.61
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.99
<EXPENSE-RATIO> 0.95
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 212
<NAME> VICTORY NEW YORK TAX-FREE FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 16900
<INVESTMENTS-AT-VALUE> 17070
<RECEIVABLES> 313
<ASSETS-OTHER> 8
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 17391
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 33
<TOTAL-LIABILITIES> 33
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17193
<SHARES-COMMON-STOCK> 273
<SHARES-COMMON-PRIOR> 268
<ACCUMULATED-NII-CURRENT> 13
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (18)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 170
<NET-ASSETS> 17358
<DIVIDEND-INCOME> 15
<INTEREST-INCOME> 1076
<OTHER-INCOME> 0
<EXPENSES-NET> 218
<NET-INVESTMENT-INCOME> 873
<REALIZED-GAINS-CURRENT> (16)
<APPREC-INCREASE-CURRENT> (1182)
<NET-CHANGE-FROM-OPS> (325)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 134
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 324
<NUMBER-OF-SHARES-REDEEMED> 603
<SHARES-REINVESTED> 47
<NET-CHANGE-IN-ASSETS> (4152)
<ACCUMULATED-NII-PRIOR> 12
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 2
<GROSS-ADVISORY-FEES> 104
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 302
<AVERAGE-NET-ASSETS> 3534
<PER-SHARE-NAV-BEGIN> 12.80
<PER-SHARE-NII> 0.48
<PER-SHARE-GAIN-APPREC> (0.81)
<PER-SHARE-DIVIDEND> 0.48
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.99
<EXPENSE-RATIO> 2.01
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 221
<NAME> VICTORY FINANCIAL RESERVES FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 822976
<INVESTMENTS-AT-VALUE> 822976
<RECEIVABLES> 5251
<ASSETS-OTHER> 102
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 828329
<PAYABLE-FOR-SECURITIES> 5985
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3892
<TOTAL-LIABILITIES> 9877
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 818451
<SHARES-COMMON-STOCK> 818342
<SHARES-COMMON-PRIOR> 785418
<ACCUMULATED-NII-CURRENT> 1
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 818452
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 43600
<OTHER-INCOME> 11
<EXPENSES-NET> 5704
<NET-INVESTMENT-INCOME> 37907
<REALIZED-GAINS-CURRENT> 7
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 37914
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 37907
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1615128
<NUMBER-OF-SHARES-REDEEMED> 1585072
<SHARES-REINVESTED> 2868
<NET-CHANGE-IN-ASSETS> 32932
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 6
<GROSS-ADVISORY-FEES> 4192
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5704
<AVERAGE-NET-ASSETS> 838599
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.045
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.045
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.68
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 231
<NAME> VICTORY INSTITUTIONAL MONEY MARKET FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 2430213
<INVESTMENTS-AT-VALUE> 2430213
<RECEIVABLES> 10570
<ASSETS-OTHER> 388
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2441171
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11589
<TOTAL-LIABILITIES> 11589
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2429436
<SHARES-COMMON-STOCK> 1313560
<SHARES-COMMON-PRIOR> 1068501
<ACCUMULATED-NII-CURRENT> 160
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 14
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2429582
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 110686
<OTHER-INCOME> 34
<EXPENSES-NET> 8231
<NET-INVESTMENT-INCOME> 102489
<REALIZED-GAINS-CURRENT> (14)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 102475
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 64880
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9707193
<NUMBER-OF-SHARES-REDEEMED> 8973406
<SHARES-REINVESTED> 55255
<NET-CHANGE-IN-ASSETS> 789028
<ACCUMULATED-NII-PRIOR> 141
<ACCUMULATED-GAINS-PRIOR> 19
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5330
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 11183
<AVERAGE-NET-ASSETS> 1320275
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.049
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.049
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.27
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 232
<NAME> VICTORY INSTITUTIONAL MONEY MARKET FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 2430213
<INVESTMENTS-AT-VALUE> 2430213
<RECEIVABLES> 10570
<ASSETS-OTHER> 388
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2441171
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11589
<TOTAL-LIABILITIES> 11589
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2429436
<SHARES-COMMON-STOCK> 1116011
<SHARES-COMMON-PRIOR> 572028
<ACCUMULATED-NII-CURRENT> 160
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 14
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2429582
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 110686
<OTHER-INCOME> 34
<EXPENSES-NET> 8231
<NET-INVESTMENT-INCOME> 102489
<REALIZED-GAINS-CURRENT> (14)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 102475
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 37609
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9707193
<NUMBER-OF-SHARES-REDEEMED> 8973406
<SHARES-REINVESTED> 55255
<NET-CHANGE-IN-ASSETS> 789028
<ACCUMULATED-NII-PRIOR> 141
<ACCUMULATED-GAINS-PRIOR> 19
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5330
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 11183
<AVERAGE-NET-ASSETS> 812341
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.046
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.046
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.57
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 241
<NAME> VICTORY OHIO MUNICIPAL MONEY MARKET FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 931480
<INVESTMENTS-AT-VALUE> 931480
<RECEIVABLES> 5943
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 937438
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2694
<TOTAL-LIABILITIES> 2694
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 934744
<SHARES-COMMON-STOCK> 934740
<SHARES-COMMON-PRIOR> 751534
<ACCUMULATED-NII-CURRENT> 5
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 5
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 934744
<DIVIDEND-INCOME> 153
<INTEREST-INCOME> 32341
<OTHER-INCOME> 0
<EXPENSES-NET> 8124
<NET-INVESTMENT-INCOME> 24370
<REALIZED-GAINS-CURRENT> (5)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 24365
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 24370
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2178950
<NUMBER-OF-SHARES-REDEEMED> 2014842
<SHARES-REINVESTED> 19098
<NET-CHANGE-IN-ASSETS> 183201
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4974
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 9233
<AVERAGE-NET-ASSETS> 994895
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.025
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.025
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.82
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 251
<NAME> VICTORY LAKEFRONT FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 1381
<INVESTMENTS-AT-VALUE> 1664
<RECEIVABLES> 2
<ASSETS-OTHER> 23
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1689
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 28
<TOTAL-LIABILITIES> 28
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1330
<SHARES-COMMON-STOCK> 132
<SHARES-COMMON-PRIOR> 98
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 48
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 283
<NET-ASSETS> 1661
<DIVIDEND-INCOME> 22
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 15
<NET-INVESTMENT-INCOME> 7
<REALIZED-GAINS-CURRENT> 50
<APPREC-INCREASE-CURRENT> 212
<NET-CHANGE-FROM-OPS> 269
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9
<DISTRIBUTIONS-OF-GAINS> 145
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 34
<NUMBER-OF-SHARES-REDEEMED> 6
<SHARES-REINVESTED> 6
<NET-CHANGE-IN-ASSETS> 538
<ACCUMULATED-NII-PRIOR> 1
<ACCUMULATED-GAINS-PRIOR> 144
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 14
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 93
<AVERAGE-NET-ASSETS> 1369
<PER-SHARE-NAV-BEGIN> 11.52
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> 2.51
<PER-SHARE-DIVIDEND> 0.08
<PER-SHARE-DISTRIBUTIONS> 1.44
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.58
<EXPENSE-RATIO> 1.10
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 261
<NAME> VICTORY REAL ESTATE INVESTMENT FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 15519
<INVESTMENTS-AT-VALUE> 14200
<RECEIVABLES> 20
<ASSETS-OTHER> 14
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 14234
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29
<TOTAL-LIABILITIES> 29
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17313
<SHARES-COMMON-STOCK> 1465
<SHARES-COMMON-PRIOR> 1631
<ACCUMULATED-NII-CURRENT> 113
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1902
<ACCUM-APPREC-OR-DEPREC> (1319)
<NET-ASSETS> 14205
<DIVIDEND-INCOME> 837
<INTEREST-INCOME> 126
<OTHER-INCOME> (1)
<EXPENSES-NET> 184
<NET-INVESTMENT-INCOME> 778
<REALIZED-GAINS-CURRENT> (1371)
<APPREC-INCREASE-CURRENT> 643
<NET-CHANGE-FROM-OPS> 50
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 783
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 489
<NUMBER-OF-SHARES-REDEEMED> 683
<SHARES-REINVESTED> 28
<NET-CHANGE-IN-ASSETS> (2419)
<ACCUMULATED-NII-PRIOR> 146
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 569
<GROSS-ADVISORY-FEES> 158
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 302
<AVERAGE-NET-ASSETS> 15809
<PER-SHARE-NAV-BEGIN> 10.19
<PER-SHARE-NII> 0.52
<PER-SHARE-GAIN-APPREC> (0.50)
<PER-SHARE-DIVIDEND> 0.51
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.70
<EXPENSE-RATIO> 1.16
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 271
<NAME> VICTORY FEDERAL MONEY MARKET FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 1154191
<INVESTMENTS-AT-VALUE> 1154191
<RECEIVABLES> 28280
<ASSETS-OTHER> 29
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1182500
<PAYABLE-FOR-SECURITIES> 60000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4820
<TOTAL-LIABILITIES> 64820
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1117730
<SHARES-COMMON-STOCK> 834088
<SHARES-COMMON-PRIOR> 717959
<ACCUMULATED-NII-CURRENT> 14
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 64
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1117680
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 50982
<OTHER-INCOME> 0
<EXPENSES-NET> 3488
<NET-INVESTMENT-INCOME> 47494
<REALIZED-GAINS-CURRENT> (64)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 47430
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 35599
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4573820
<NUMBER-OF-SHARES-REDEEMED> 4415124
<SHARES-REINVESTED> 42935
<NET-CHANGE-IN-ASSETS> 201567
<ACCUMULATED-NII-PRIOR> 1
<ACCUMULATED-GAINS-PRIOR> 13
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2550
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5242
<AVERAGE-NET-ASSETS> 753668
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.047
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.047
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.28
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 272
<NAME> VICTORY FEDERAL MONEY MARKET FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 1154191
<INVESTMENTS-AT-VALUE> 1154191
<RECEIVABLES> 28280
<ASSETS-OTHER> 29
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1182500
<PAYABLE-FOR-SECURITIES> 60000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4820
<TOTAL-LIABILITIES> 64820
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1117730
<SHARES-COMMON-STOCK> 283625
<SHARES-COMMON-PRIOR> 198138
<ACCUMULATED-NII-CURRENT> 14
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 64
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1117680
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 50982
<OTHER-INCOME> 0
<EXPENSES-NET> 3488
<NET-INVESTMENT-INCOME> 47494
<REALIZED-GAINS-CURRENT> (64)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 47430
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 11895
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4573820
<NUMBER-OF-SHARES-REDEEMED> 4415124
<SHARES-REINVESTED> 42935
<NET-CHANGE-IN-ASSETS> 201567
<ACCUMULATED-NII-PRIOR> 1
<ACCUMULATED-GAINS-PRIOR> 13
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2550
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5242
<AVERAGE-NET-ASSETS> 266334
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.045
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.045
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.53
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 281
<NAME> VICTORY CONVERTIBLE SECURITIES FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 75389
<INVESTMENTS-AT-VALUE> 79990
<RECEIVABLES> 743
<ASSETS-OTHER> 3
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 80736
<PAYABLE-FOR-SECURITIES> 1000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 81
<TOTAL-LIABILITIES> 1081
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 70829
<SHARES-COMMON-STOCK> 6134
<SHARES-COMMON-PRIOR> 8842
<ACCUMULATED-NII-CURRENT> 361
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3864
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4601
<NET-ASSETS> 79655
<DIVIDEND-INCOME> 2672
<INTEREST-INCOME> 3043
<OTHER-INCOME> 14
<EXPENSES-NET> 1148
<NET-INVESTMENT-INCOME> 4581
<REALIZED-GAINS-CURRENT> 3994
<APPREC-INCREASE-CURRENT> 2960
<NET-CHANGE-FROM-OPS> 11535
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4990
<DISTRIBUTIONS-OF-GAINS> 212
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1691
<NUMBER-OF-SHARES-REDEEMED> 4686
<SHARES-REINVESTED> 287
<NET-CHANGE-IN-ASSETS> (28414)
<ACCUMULATED-NII-PRIOR> 770
<ACCUMULATED-GAINS-PRIOR> 82
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 696
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1148
<AVERAGE-NET-ASSETS> 92684
<PER-SHARE-NAV-BEGIN> 12.22
<PER-SHARE-NII> 0.67
<PER-SHARE-GAIN-APPREC> 0.83
<PER-SHARE-DIVIDEND> 0.70
<PER-SHARE-DISTRIBUTIONS> 0.03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.99
<EXPENSE-RATIO> 1.24
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 291
<NAME> VICTORY LIFECHOICE GROWTH INVESTOR FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 15545
<INVESTMENTS-AT-VALUE> 16118
<RECEIVABLES> 18
<ASSETS-OTHER> 23
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 16159
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 45
<TOTAL-LIABILITIES> 45
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15079
<SHARES-COMMON-STOCK> 1322
<SHARES-COMMON-PRIOR> 1085
<ACCUMULATED-NII-CURRENT> 12
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 450
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 573
<NET-ASSETS> 16114
<DIVIDEND-INCOME> 227
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 30
<NET-INVESTMENT-INCOME> 197
<REALIZED-GAINS-CURRENT> 463
<APPREC-INCREASE-CURRENT> 1220
<NET-CHANGE-FROM-OPS> 1880
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 295
<DISTRIBUTIONS-OF-GAINS> 338
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 635
<NUMBER-OF-SHARES-REDEEMED> 452
<SHARES-REINVESTED> 55
<NET-CHANGE-IN-ASSETS> 4096
<ACCUMULATED-NII-PRIOR> 110
<ACCUMULATED-GAINS-PRIOR> 325
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 30
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 151
<AVERAGE-NET-ASSETS> 14984
<PER-SHARE-NAV-BEGIN> 11.08
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 1.51
<PER-SHARE-DIVIDEND> 0.25
<PER-SHARE-DISTRIBUTIONS> 0.31
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.19
<EXPENSE-RATIO> 0.20
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 301
<NAME> VICTORY LIFECHOICE MODERATE INVESTOR FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 22327
<INVESTMENTS-AT-VALUE> 22800
<RECEIVABLES> 17
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22842
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44
<TOTAL-LIABILITIES> 44
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21789
<SHARES-COMMON-STOCK> 1956
<SHARES-COMMON-PRIOR> 1749
<ACCUMULATED-NII-CURRENT> 48
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 488
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 473
<NET-ASSETS> 22798
<DIVIDEND-INCOME> 625
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 46
<NET-INVESTMENT-INCOME> 579
<REALIZED-GAINS-CURRENT> 499
<APPREC-INCREASE-CURRENT> 1379
<NET-CHANGE-FROM-OPS> 2457
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 676
<DISTRIBUTIONS-OF-GAINS> 434
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1032
<NUMBER-OF-SHARES-REDEEMED> 923
<SHARES-REINVESTED> 98
<NET-CHANGE-IN-ASSETS> 3670
<ACCUMULATED-NII-PRIOR> 145
<ACCUMULATED-GAINS-PRIOR> 423
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 162
<AVERAGE-NET-ASSETS> 22912
<PER-SHARE-NAV-BEGIN> 10.94
<PER-SHARE-NII> 0.30
<PER-SHARE-GAIN-APPREC> 1.03
<PER-SHARE-DIVIDEND> 0.36
<PER-SHARE-DISTRIBUTIONS> 0.25
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.66
<EXPENSE-RATIO> 0.20
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 311
<NAME> VICTORY LIFECHOICE CONSERVATIVE INVESTOR FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 6703
<INVESTMENTS-AT-VALUE> 6694
<RECEIVABLES> 11
<ASSETS-OTHER> 24
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6729
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43
<TOTAL-LIABILITIES> 43
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6778
<SHARES-COMMON-STOCK> 620
<SHARES-COMMON-PRIOR> 712
<ACCUMULATED-NII-CURRENT> 27
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (110)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (9)
<NET-ASSETS> 6686
<DIVIDEND-INCOME> 327
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 15
<NET-INVESTMENT-INCOME> 312
<REALIZED-GAINS-CURRENT> (13)
<APPREC-INCREASE-CURRENT> 315
<NET-CHANGE-FROM-OPS> 614
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 411
<DISTRIBUTIONS-OF-GAINS> 162
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 251
<NUMBER-OF-SHARES-REDEEMED> 396
<SHARES-REINVESTED> 53
<NET-CHANGE-IN-ASSETS> (947)
<ACCUMULATED-NII-PRIOR> 126
<ACCUMULATED-GAINS-PRIOR> 65
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 16
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 115
<AVERAGE-NET-ASSETS> 7866
<PER-SHARE-NAV-BEGIN> 10.72
<PER-SHARE-NII> 0.45
<PER-SHARE-GAIN-APPREC> 0.41
<PER-SHARE-DIVIDEND> 0.58
<PER-SHARE-DISTRIBUTIONS> 0.22
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.78
<EXPENSE-RATIO> 0.19
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 321
<NAME> VICTORY ESTABLISHED VALUE FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 7-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> APR-01-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 302859
<INVESTMENTS-AT-VALUE> 468942
<RECEIVABLES> 1005
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 469972
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 684
<TOTAL-LIABILITIES> 684
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 247619
<SHARES-COMMON-STOCK> 13678
<SHARES-COMMON-PRIOR> 15282
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 55586
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 166083
<NET-ASSETS> 469288
<DIVIDEND-INCOME> 2868
<INTEREST-INCOME> 378
<OTHER-INCOME> 0
<EXPENSES-NET> 3163
<NET-INVESTMENT-INCOME> 83
<REALIZED-GAINS-CURRENT> 30682
<APPREC-INCREASE-CURRENT> 14949
<NET-CHANGE-FROM-OPS> 45714
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 485
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 943
<NUMBER-OF-SHARES-REDEEMED> 2562
<SHARES-REINVESTED> 15
<NET-CHANGE-IN-ASSETS> (9696)
<ACCUMULATED-NII-PRIOR> 124
<ACCUMULATED-GAINS-PRIOR> 25182
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1471
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3647
<AVERAGE-NET-ASSETS> 490741
<PER-SHARE-NAV-BEGIN> 31.34
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 2.98
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 34.31
<EXPENSE-RATIO> 1.10
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 331
<NAME> VICTORY GRADISON GOVERNMENT RESERVES FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 1-MONTH
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> OCT-01-1999
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 2024538
<INVESTMENTS-AT-VALUE> 2024538
<RECEIVABLES> 12454
<ASSETS-OTHER> 38
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2037030
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9010
<TOTAL-LIABILITIES> 9010
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2028020
<SHARES-COMMON-STOCK> 2028020
<SHARES-COMMON-PRIOR> 2018755
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2028020
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9207
<OTHER-INCOME> 0
<EXPENSES-NET> 1240
<NET-INVESTMENT-INCOME> 7967
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 7967
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 7967
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 655277
<NUMBER-OF-SHARES-REDEEMED> 653632
<SHARES-REINVESTED> 7620
<NET-CHANGE-IN-ASSETS> 9265
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 750
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1459
<AVERAGE-NET-ASSETS> 2035684
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.004
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.004
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.72
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000802716
<NAME> THE VICTORY PORTFOLIOS
<SERIES>
<NUMBER> 192
<NAME> VICTORY NATIONAL MUNICIPAL BOND FUND
<MULTIPLIER> 1000
<S>
<PERIOD-TYPE> 12-MONTHS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> OCT-31-1999
<INVESTMENTS-AT-COST> 42127
<INVESTMENTS-AT-VALUE> 42077
<RECEIVABLES> 618
<ASSETS-OTHER> 8
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 42703
<PAYABLE-FOR-SECURITIES> 2691
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 80
<TOTAL-LIABILITIES> 2771
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 39791
<SHARES-COMMON-STOCK> 231
<SHARES-COMMON-PRIOR> 219
<ACCUMULATED-NII-CURRENT> 12
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 179
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (50)
<NET-ASSETS> 39932
<DIVIDEND-INCOME> 72
<INTEREST-INCOME> 2148
<OTHER-INCOME> 0
<EXPENSES-NET> 442
<NET-INVESTMENT-INCOME> 1778
<REALIZED-GAINS-CURRENT> 179
<APPREC-INCREASE-CURRENT> (2358)
<NET-CHANGE-FROM-OPS> (401)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 70
<DISTRIBUTIONS-OF-GAINS> 1095
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1205
<NUMBER-OF-SHARES-REDEEMED> 2034
<SHARES-REINVESTED> 202
<NET-CHANGE-IN-ASSETS> (9752)
<ACCUMULATED-NII-PRIOR> 30
<ACCUMULATED-GAINS-PRIOR> 1095
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 262
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 621
<AVERAGE-NET-ASSETS> 2623
<PER-SHARE-NAV-BEGIN> 10.91
<PER-SHARE-NII> 0.27
<PER-SHARE-GAIN-APPREC> (0.49)
<PER-SHARE-DIVIDEND> 0.28
<PER-SHARE-DISTRIBUTIONS> 0.24
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.17
<EXPENSE-RATIO> 2.10
</TABLE>
