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<PAGE> PAGE 13
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<PAGE> PAGE 16
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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042 A000800 0
042 B000800 0
042 C000800 100
042 D000800 0
042 E000800 0
042 F000800 0
042 G000800 0
<PAGE> PAGE 41
042 H000800 0
043 000800 69
044 000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.000
048 A010800 1000000
048 A020800 0.600
048 B010800 1000000
048 B020800 0.550
048 C010800 1000000
048 C020800 0.500
048 D010800 1000000
048 D020800 0.450
048 E010800 1000000
048 E020800 0.400
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 5000000
048 K020800 0.350
049 000800 N
050 000800 N
051 000800 N
052 000800 N
053 A000800 N
055 A000800 N
055 B000800 N
056 000800 N
057 000800 N
058 A000800 N
059 000800 Y
060 A000800 Y
060 B000800 Y
061 000800 250
062 A000800 Y
062 B000800 0.0
062 C000800 17.9
062 D000800 11.9
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
<PAGE> PAGE 42
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 48.6
062 N000800 39.6
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
063 A000800 0
063 B000800 5.4
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 Y
070 B010800 N
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 Y
070 E020800 Y
070 F010800 N
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 N
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 N
<PAGE> PAGE 43
070 Q010800 N
070 Q020800 N
070 R010800 Y
070 R020800 Y
071 A000800 19462
071 B000800 21895
071 C000800 16957
071 D000800 115
072 A000800 6
072 B000800 709
072 C000800 0
072 D000800 0
072 E000800 0
072 F000800 61
072 G000800 0
072 H000800 0
072 I000800 41
072 J000800 0
072 K000800 0
072 L000800 4
072 M000800 10
072 N000800 30
072 O000800 0
072 P000800 0
072 Q000800 40
072 R000800 6
072 S000800 1
072 T000800 69
072 U000800 0
072 V000800 0
072 W000800 43
072 X000800 305
072 Y000800 0
072 Z000800 404
072AA000800 534
072BB000800 269
072CC010800 0
072CC020800 903
072DD010800 195
072DD020800 218
072EE000800 44
073 A010800 0.3264
073 A020800 0.2383
073 B000800 0.0290
073 C000800 0.0000
074 A000800 0
074 B000800 2640
074 C000800 3981
074 D000800 19584
074 E000800 0
074 F000800 0
<PAGE> PAGE 44
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 1504
074 K000800 0
074 L000800 762
074 M000800 0
074 N000800 28471
074 O000800 5042
074 P000800 13
074 Q000800 0
074 R010800 0
074 R020800 859
074 R030800 0
074 R040800 353
074 S000800 0
074 T000800 22204
074 U010800 829
074 U020800 1058
074 V010800 11.77
074 V020800 11.77
074 W000800 0.0000
074 X000800 3776
074 Y000800 9089
075 A000800 0
075 B000800 20214
076 000800 0.00
008 A001001 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC.
008 B001001 A
008 C001001 801-8286
008 D011001 OAKBROOK TERRACE
008 D021001 IL
008 D031001 60181
008 A001002 SMITH BARNEY MUTUAL FUNDS MGT., INC.
008 B001002 S
008 C001002 801-0000
008 D011002 NEW YORK
008 D021002 NY
008 D031002 10013
024 001000 Y
025 A001001 STATE STREET BANK & TRUST CO.
025 B001001 04-1867445
025 C001001 D
025 D001001 610
025 D001002 0
025 D001003 0
025 D001004 0
025 D001005 0
025 D001006 0
025 D001007 0
025 D001008 0
<PAGE> PAGE 45
028 A011000 738
028 A021000 0
028 A031000 0
028 A041000 2401
028 B011000 822
028 B021000 0
028 B031000 0
028 B041000 65
028 C011000 857
028 C021000 0
028 C031000 0
028 C041000 121
028 D011000 1022
028 D021000 0
028 D031000 0
028 D041000 100
028 E011000 1149
028 E021000 0
028 E031000 0
028 E041000 143
028 F011000 1184
028 F021000 0
028 F031000 0
028 F041000 236
028 G011000 5772
028 G021000 0
028 G031000 0
028 G041000 3066
028 H001000 2597
029 001000 Y
030 A001000 119
030 B001000 5.50
030 C001000 0.00
031 A001000 15
031 B001000 0
032 001000 0
033 001000 104
034 001000 Y
035 001000 6
036 A001000 N
036 B001000 0
037 001000 N
038 001000 0
039 001000 N
040 001000 Y
041 001000 Y
042 A001000 0
042 B001000 0
042 C001000 100
042 D001000 0
042 E001000 0
<PAGE> PAGE 46
042 F001000 0
042 G001000 0
042 H001000 0
043 001000 28
044 001000 0
045 001000 Y
046 001000 N
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 N
055 B001000 N
056 001000 N
057 001000 N
058 A001000 N
059 001000 Y
060 A001000 Y
060 B001000 Y
061 001000 250
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
<PAGE> PAGE 47
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
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
066 A001000 Y
066 B001000 N
066 C001000 N
066 D001000 N
066 E001000 Y
066 F001000 N
066 G001000 N
067 001000 N
068 A001000 N
068 B001000 Y
069 001000 N
070 A011000 Y
070 A021000 Y
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 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 Y
070 L021000 Y
070 M011000 Y
070 M021000 Y
<PAGE> PAGE 48
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 Y
070 Q021000 N
070 R011000 Y
070 R021000 N
071 A001000 7294
071 B001000 3986
071 C001000 9524
071 D001000 42
072 A001000 6
072 B001000 11
072 C001000 43
072 D001000 0
072 E001000 0
072 F001000 51
072 G001000 0
072 H001000 0
072 I001000 32
072 J001000 52
072 K001000 0
072 L001000 7
072 M001000 9
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072 P001000 0
072 Q001000 14
072 R001000 9
072 S001000 1
072 T001000 28
072 U001000 2
072 V001000 0
072 W001000 2
072 X001000 244
072 Y001000 59
072 Z001000 -131
072AA001000 363
072BB001000 347
072CC011000 1897
072CC021000 0
072DD011000 0
072DD021000 0
072EE001000 0
073 A011000 0.0000
073 A021000 0.0000
073 B001000 0.0000
073 C001000 0.0000
<PAGE> PAGE 49
074 A001000 1
074 B001000 610
074 C001000 0
074 D001000 0
074 E001000 133
074 F001000 13089
074 G001000 0
074 H001000 0
074 I001000 208
074 J001000 235
074 K001000 0
074 L001000 409
074 M001000 0
074 N001000 14685
074 O001000 734
074 P001000 11
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 130
074 S001000 0
074 T001000 13810
074 U011000 477
074 U021000 371
074 V011000 16.34
074 V021000 16.22
074 W001000 0.0000
074 X001000 5110
074 Y001000 0
075 A001000 0
075 B001000 10218
076 001000 0.00
008 A001101 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC.
008 B001101 A
008 C001101 801-8286
008 D011101 OAKBROOK TERRACE
008 D021101 IL
008 D031101 60181
024 001100 Y
025 A001101 SBC CAPITAL MARKETS INC
025 B001101 ----------
025 C001101 D
025 D001101 4410
028 A011100 4177
028 A021100 0
028 A031100 0
028 A041100 292
028 B011100 3643
028 B021100 0
028 B031100 0
<PAGE> PAGE 50
028 B041100 182
028 C011100 4343
028 C021100 0
028 C031100 0
028 C041100 479
028 D011100 5612
028 D021100 0
028 D031100 0
028 D041100 425
028 E011100 6279
028 E021100 0
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028 E041100 519
028 F011100 5615
028 F021100 0
028 F031100 0
028 F041100 825
028 G011100 29669
028 G021100 0
028 G031100 0
028 G041100 2722
028 H001100 13766
029 001100 Y
030 A001100 690
030 B001100 5.50
030 C001100 0.00
031 A001100 92
031 B001100 0
032 001100 0
033 001100 598
034 001100 Y
035 001100 24
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 100
042 D001100 0
042 E001100 0
042 F001100 0
042 G001100 0
042 H001100 0
043 001100 118
044 001100 0
045 001100 Y
046 001100 N
<PAGE> PAGE 51
047 001100 Y
048 001100 0.000
048 A011100 1000000
048 A021100 0.650
048 B011100 1000000
048 B021100 0.600
048 C011100 1000000
048 C021100 0.550
048 D011100 1000000
048 D021100 0.500
048 E011100 0
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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 4000000
048 K021100 0.450
049 001100 N
050 001100 N
051 001100 N
052 001100 N
053 A001100 N
055 A001100 N
055 B001100 N
056 001100 N
057 001100 N
058 A001100 N
059 001100 Y
060 A001100 Y
060 B001100 Y
061 001100 250
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
062 M001100 0.0
<PAGE> PAGE 52
062 N001100 0.0
062 O001100 0.0
062 P001100 0.0
062 Q001100 0.0
062 R001100 0.0
066 A001100 Y
066 B001100 Y
066 C001100 N
066 D001100 N
066 E001100 N
066 F001100 N
066 G001100 N
067 001100 N
068 A001100 N
068 B001100 N
069 001100 N
070 A011100 Y
070 A021100 Y
070 B011100 Y
070 B021100 N
070 C011100 N
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 N
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 N
070 O011100 N
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 Y
<PAGE> PAGE 53
070 R021100 N
071 A001100 41434
071 B001100 17205
071 C001100 39710
071 D001100 43
072 A001100 6
072 B001100 80
072 C001100 87
072 D001100 0
072 E001100 0
072 F001100 134
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072 I001100 213
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072 L001100 8
072 M001100 11
072 N001100 42
072 O001100 0
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072 R001100 5
072 S001100 0
072 T001100 118
072 U001100 2
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072 W001100 3
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072 Z001100 -421
072AA001100 853
072BB001100 2714
072CC011100 10957
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073 A011100 0.0000
073 A021100 0.0000
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074 B001100 4410
074 C001100 0
074 D001100 58712
074 E001100 0
074 F001100 0
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<PAGE> PAGE 54
074 J001100 596
074 K001100 0
074 L001100 937
074 M001100 0
074 N001100 64660
074 O001100 2133
074 P001100 34
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074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 128
074 S001100 0
074 T001100 62365
074 U011100 1903
074 U021100 1548
074 V011100 18.14
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074 W001100 0.0000
074 X001100 28042
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SIGNATURE TANYA LODEN
TITLE CONTROLLER
<TABLE> <S> <C>
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<CIK> 0000810271
<NAME> COMMON SENSE TRUST
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<NUMBER> 01
<NAME> GROWTH FUND
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<PERIOD-END> APR-30-1996
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<F1>EXPENSE RATIO IS ANNUALIZED
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<TABLE> <S> <C>
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<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 02
<NAME> GROWTH AND INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
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<TOTAL-LIABILITIES> 7,062,441
<SENIOR-EQUITY> 535,908
<PAID-IN-CAPITAL-COMMON> 697,606,001
<SHARES-COMMON-STOCK> 53,590,750
<SHARES-COMMON-PRIOR> 48,862,007
<ACCUMULATED-NII-CURRENT> 2,399,122
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<ACCUMULATED-NET-GAINS> 77,574,536
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 143,782,026
<NET-ASSETS> 921,897,593
<DIVIDEND-INCOME> 8,227,371
<INTEREST-INCOME> 3,121,158
<OTHER-INCOME> 0
<EXPENSES-NET> (4,137,652)
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<REALIZED-GAINS-CURRENT> 78,208,533
<APPREC-INCREASE-CURRENT> 26,925,454
<NET-CHANGE-FROM-OPS> 112,344,864
<EQUALIZATION> 0
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<NUMBER-OF-SHARES-REDEEMED> (4,144,961)
<SHARES-REINVESTED> 5,734,041
<NET-CHANGE-IN-ASSETS> 93,578,793
<ACCUMULATED-NII-PRIOR> 5,483,984
<ACCUMULATED-GAINS-PRIOR> 84,630,671
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,905,423
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,137,652
<AVERAGE-NET-ASSETS> 893,976,447
<PER-SHARE-NAV-BEGIN> 16.95
<PER-SHARE-NII> .140
<PER-SHARE-GAIN-APPREC> 2.070
<PER-SHARE-DIVIDEND> (.205)
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<PER-SHARE-NAV-END> 17.20
<EXPENSE-RATIO> .93<F1>
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<F1>EXPENSE RATIO IS ANNUALIZED
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<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 03
<NAME> GOVERNMENT FUND
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<PERIOD-START> NOV-01-1995
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<EXPENSES-NET> (1,352,092)
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<APPREC-INCREASE-CURRENT> (13,526,440)
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<NUMBER-OF-SHARES-REDEEMED> (3,805,012)
<SHARES-REINVESTED> 915,957
<NET-CHANGE-IN-ASSETS> (22,760,446)
<ACCUMULATED-NII-PRIOR> 376,392
<ACCUMULATED-GAINS-PRIOR> (32,693,720)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 970,873
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,352,092
<AVERAGE-NET-ASSETS> 323,624,318
<PER-SHARE-NAV-BEGIN> 10.67
<PER-SHARE-NII> .360
<PER-SHARE-GAIN-APPREC> (.377)
<PER-SHARE-DIVIDEND> (.373)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.28
<EXPENSE-RATIO> .84<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS NOT ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 04
<NAME> MONEY MARKET
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 63,086,509
<INVESTMENTS-AT-VALUE> 63,086,509
<RECEIVABLES> 508,927
<ASSETS-OTHER> 86,940
<OTHER-ITEMS-ASSETS> 2,928
<TOTAL-ASSETS> 63,685,304
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 703,858
<TOTAL-LIABILITIES> 703,858
<SENIOR-EQUITY> 629,774
<PAID-IN-CAPITAL-COMMON> 62,347,359
<SHARES-COMMON-STOCK> 62,977,381
<SHARES-COMMON-PRIOR> 60,304,001
<ACCUMULATED-NII-CURRENT> 4,313
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 62,981,446
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,707,296
<OTHER-INCOME> 0
<EXPENSES-NET> 309,121
<NET-INVESTMENT-INCOME> 1,398,175
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,398,175
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,395,008)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 36,518,015
<NUMBER-OF-SHARES-REDEEMED> (35,218,434)
<SHARES-REINVESTED> 1,373,799
<NET-CHANGE-IN-ASSETS> 2,676,547
<ACCUMULATED-NII-PRIOR> 1,146
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 154,560
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 529,219
<AVERAGE-NET-ASSETS> 61,824,089
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .023
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.023)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.00<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 05
<NAME> MUNICIPAL BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 114,684,044
<INVESTMENTS-AT-VALUE> 117,711,088
<RECEIVABLES> 4,350,841
<ASSETS-OTHER> 56,257
<OTHER-ITEMS-ASSETS> 81,397
<TOTAL-ASSETS> 122,199,583
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 482,953
<TOTAL-LIABILITIES> 482,953
<SENIOR-EQUITY> 90,245
<PAID-IN-CAPITAL-COMMON> 118,186,387
<SHARES-COMMON-STOCK> 9,024,488
<SHARES-COMMON-PRIOR> 8,649,853
<ACCUMULATED-NII-CURRENT> (36,738)
<OVERDISTRIBUTION-NII> (195,319)
<ACCUMULATED-NET-GAINS> 449,692
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,027,044
<NET-ASSETS> 121,716,630
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,739,870
<OTHER-INCOME> 0
<EXPENSES-NET> (630,639)
<NET-INVESTMENT-INCOME> 3,109,231
<REALIZED-GAINS-CURRENT> 449,252
<APPREC-INCREASE-CURRENT> (2,511,893)
<NET-CHANGE-FROM-OPS> 1,046,590
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,109,231)
<DISTRIBUTIONS-OF-GAINS> (373,837)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,264,144
<NUMBER-OF-SHARES-REDEEMED> (1,119,083)
<SHARES-REINVESTED> 229,574
<NET-CHANGE-IN-ASSETS> 2,593,710
<ACCUMULATED-NII-PRIOR> 158,581
<ACCUMULATED-GAINS-PRIOR> 374,277
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 366,270
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 630,639
<AVERAGE-NET-ASSETS> 122,090,048
<PER-SHARE-NAV-BEGIN> 13.77
<PER-SHARE-NII> .350
<PER-SHARE-GAIN-APPREC> (.212)
<PER-SHARE-DIVIDEND> (.375)
<PER-SHARE-DISTRIBUTIONS> (.043)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.49
<EXPENSE-RATIO> 1.03<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 061
<NAME> GROWTH II FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 86,582,668
<INVESTMENTS-AT-VALUE> 96,582,323
<RECEIVABLES> 4,575,701
<ASSETS-OTHER> 180,972
<OTHER-ITEMS-ASSETS> 3,201
<TOTAL-ASSETS> 101,342,197
<PAYABLE-FOR-SECURITIES> 4,236,537
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 545,518
<TOTAL-LIABILITIES> 4,782,055
<SENIOR-EQUITY> 62,699
<PAID-IN-CAPITAL-COMMON> 85,292,932
<SHARES-COMMON-STOCK> 2,404,458
<SHARES-COMMON-PRIOR> 1,447,190
<ACCUMULATED-NII-CURRENT> (218,068)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,259,036
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,163,543
<NET-ASSETS> 96,560,142
<DIVIDEND-INCOME> 562,514
<INTEREST-INCOME> 290,835
<OTHER-INCOME> 0
<EXPENSES-NET> (1,071,417)
<NET-INVESTMENT-INCOME> (218,068)
<REALIZED-GAINS-CURRENT> 1,556,378
<APPREC-INCREASE-CURRENT> 6,353,175
<NET-CHANGE-FROM-OPS> 7,691,485
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1,099,973)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,059,483
<NUMBER-OF-SHARES-REDEEMED> (177,948)
<SHARES-REINVESTED> 75,733
<NET-CHANGE-IN-ASSETS> 42,136,354
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2,593,885
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 240,458
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,071,417
<AVERAGE-NET-ASSETS> 28,461,286
<PER-SHARE-NAV-BEGIN> 14.57
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 1.654
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.664)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.55
<EXPENSE-RATIO> 2.44<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 062
<NAME> GROWTH II FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 3,865,447
<SHARES-COMMON-PRIOR> 2,313,448
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1,791,254)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,602,218
<NUMBER-OF-SHARES-REDEEMED> (175,136)
<SHARES-REINVESTED> 124,917
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 45,525,705
<PER-SHARE-NAV-BEGIN> 14.41
<PER-SHARE-NII> (.050)
<PER-SHARE-GAIN-APPREC> 1.614
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.664)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.31
<EXPENSE-RATIO> 3.18<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 071
<NAME> GROWTH AND INCOME II FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 57,151,317
<INVESTMENTS-AT-VALUE> 63,483,830
<RECEIVABLES> 1,040,473
<ASSETS-OTHER> 126,688
<OTHER-ITEMS-ASSETS> 7,260
<TOTAL-ASSETS> 64,658,251
<PAYABLE-FOR-SECURITIES> 373,553
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 314,884
<TOTAL-LIABILITIES> 688,437
<SENIOR-EQUITY> 41,448
<PAID-IN-CAPITAL-COMMON> 56,242,638
<SHARES-COMMON-STOCK> 1,523,756
<SHARES-COMMON-PRIOR> 970,197
<ACCUMULATED-NII-CURRENT> (80,931)
<OVERDISTRIBUTION-NII> (24,482)
<ACCUMULATED-NET-GAINS> 1,407,584
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,359,075
<NET-ASSETS> 63,969,814
<DIVIDEND-INCOME> 416,284
<INTEREST-INCOME> 162,802
<OTHER-INCOME> 0
<EXPENSES-NET> (566,076)
<NET-INVESTMENT-INCOME> 13,010
<REALIZED-GAINS-CURRENT> 1,421,669
<APPREC-INCREASE-CURRENT> 4,026,756
<NET-CHANGE-FROM-OPS> 5,461,435
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (47,825)
<DISTRIBUTIONS-OF-GAINS> (297,442)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 652,732
<NUMBER-OF-SHARES-REDEEMED> (123,322)
<SHARES-REINVESTED> 24,149
<NET-CHANGE-IN-ASSETS> 29,302,890
<ACCUMULATED-NII-PRIOR> (5,025)
<ACCUMULATED-GAINS-PRIOR> 784,850
<OVERDISTRIB-NII-PRIOR> (19,387)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 158,207
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 592,076
<AVERAGE-NET-ASSETS> 18,048,253
<PER-SHARE-NAV-BEGIN> 13.92
<PER-SHARE-NII> .040
<PER-SHARE-GAIN-APPREC> 1.845
<PER-SHARE-DIVIDEND> (.057)
<PER-SHARE-DISTRIBUTIONS> (.278)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.47
<EXPENSE-RATIO> 1.85<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 072
<NAME> GROWTH AND INCOME II FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 2,621,013
<SHARES-COMMON-PRIOR> 1,525,260
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (21,634)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (501,493)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,199,266
<NUMBER-OF-SHARES-REDEEMED> (138,808)
<SHARES-REINVESTED> 35,295
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (32,885)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 30,630,684
<PER-SHARE-NAV-BEGIN> 13.88
<PER-SHARE-NII> (.020)
<PER-SHARE-GAIN-APPREC> 1.838
<PER-SHARE-DIVIDEND> (.010)
<PER-SHARE-DISTRIBUTIONS> (.278)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.41
<EXPENSE-RATIO> 2.60<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 081
<NAME> GOVERNMENT II FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 26,510,919
<INVESTMENTS-AT-VALUE> 26,205,189
<RECEIVABLES> 2,151,537
<ASSETS-OTHER> 114,545
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28,471,271
<PAYABLE-FOR-SECURITIES> 5,042,425
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,224,634
<TOTAL-LIABILITIES> 6,267,059
<SENIOR-EQUITY> 18,866
<PAID-IN-CAPITAL-COMMON> 22,452,635
<SHARES-COMMON-STOCK> 828,971
<SHARES-COMMON-PRIOR> 809,931
<ACCUMULATED-NII-CURRENT> (8,652)
<OVERDISTRIBUTION-NII> (3,198)
<ACCUMULATED-NET-GAINS> 197,878
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (456,515)
<NET-ASSETS> 22,204,212
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 708,528
<OTHER-INCOME> 0
<EXPENSES-NET> 304,815
<NET-INVESTMENT-INCOME> 403,713
<REALIZED-GAINS-CURRENT> 264,624
<APPREC-INCREASE-CURRENT> (902,983)
<NET-CHANGE-FROM-OPS> (234,646)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (191,048)
<DISTRIBUTIONS-OF-GAINS> (17,863)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 395,937
<NUMBER-OF-SHARES-REDEEMED> (393,528)
<SHARES-REINVESTED> 16,631
<NET-CHANGE-IN-ASSETS> 2,885,009
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (22,577)
<OVERDISTRIB-NII-PRIOR> (10,291)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 60,641
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 304,815
<AVERAGE-NET-ASSETS> 8,667,565
<PER-SHARE-NAV-BEGIN> 12.14
<PER-SHARE-NII> .270
<PER-SHARE-GAIN-APPREC> (.285)
<PER-SHARE-DIVIDEND> (.326)
<PER-SHARE-DISTRIBUTIONS> (.029)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.77
<EXPENSE-RATIO> 2.62<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 082
<NAME> GOVERNMENT II FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 1,057,657
<SHARES-COMMON-PRIOR> 780,836
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (5,454)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (212,665)
<DISTRIBUTIONS-OF-GAINS> (26,306)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 412,037
<NUMBER-OF-SHARES-REDEEMED> (154,635)
<SHARES-REINVESTED> 19,419
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (8,419)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 11,546,258
<PER-SHARE-NAV-BEGIN> 12.14
<PER-SHARE-NII> .220
<PER-SHARE-GAIN-APPREC> (.323)
<PER-SHARE-DIVIDEND> (.238)
<PER-SHARE-DISTRIBUTIONS> (.029)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.77
<EXPENSE-RATIO> 3.32<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 101
<NAME> INTERNATIONAL EQUITY II FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 11,328,975
<INVESTMENTS-AT-VALUE> 13,831,618
<RECEIVABLES> 600,844
<ASSETS-OTHER> 251,492
<OTHER-ITEMS-ASSETS> 948
<TOTAL-ASSETS> 14,684,902
<PAYABLE-FOR-SECURITIES> 733,801
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 140,648
<TOTAL-LIABILITIES> 874,449
<SENIOR-EQUITY> 8,480
<PAID-IN-CAPITAL-COMMON> 11,414,201
<SHARES-COMMON-STOCK> 476,873
<SHARES-COMMON-PRIOR> 474,025
<ACCUMULATED-NII-CURRENT> (130,557)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 15,942
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,502,387
<NET-ASSETS> 13,810,453
<DIVIDEND-INCOME> 42,957
<INTEREST-INCOME> 11,034
<OTHER-INCOME> 0
<EXPENSES-NET> (184,548)
<NET-INVESTMENT-INCOME> (130,557)
<REALIZED-GAINS-CURRENT> 15,942
<APPREC-INCREASE-CURRENT> 1,896,897
<NET-CHANGE-FROM-OPS> 1,782,282
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 201,504
<NUMBER-OF-SHARES-REDEEMED> (198,656)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4,488,724
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 51,040
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 243,330
<AVERAGE-NET-ASSETS> 6,099,884
<PER-SHARE-NAV-BEGIN> 13.86
<PER-SHARE-NII> (.170)
<PER-SHARE-GAIN-APPREC> 2.650
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.34
<EXPENSE-RATIO> 3.32<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 102
<NAME> INTERNATIONAL EQUITY II FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 371,131
<SHARES-COMMON-PRIOR> 199,498
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 190,458
<NUMBER-OF-SHARES-REDEEMED> (18,825)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 4,117,731
<PER-SHARE-NAV-BEGIN> 13.79
<PER-SHARE-NII> (.220)
<PER-SHARE-GAIN-APPREC> 2.650
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.22
<EXPENSE-RATIO> 4.04<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 111
<NAME> EMERGING GROWTH II FUND - CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 49,999,909
<INVESTMENTS-AT-VALUE> 63,123,475
<RECEIVABLES> 1,489,990
<ASSETS-OTHER> 42,796
<OTHER-ITEMS-ASSETS> 3,570
<TOTAL-ASSETS> 64,659,831
<PAYABLE-FOR-SECURITIES> 2,133,014
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 161,812
<TOTAL-LIABILITIES> 2,294,826
<SENIOR-EQUITY> 34,514
<PAID-IN-CAPITAL-COMMON> 51,518,967
<SHARES-COMMON-STOCK> 1,902,990
<SHARES-COMMON-PRIOR> 1,054,794
<ACCUMULATED-NII-CURRENT> (420,564)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,891,478)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,123,566
<NET-ASSETS> 62,365,005
<DIVIDEND-INCOME> 87,368
<INTEREST-INCOME> 79,813
<OTHER-INCOME> 0
<EXPENSES-NET> 587,745
<NET-INVESTMENT-INCOME> (420,564)
<REALIZED-GAINS-CURRENT> (1,861,486)
<APPREC-INCREASE-CURRENT> 10,956,801
<NET-CHANGE-FROM-OPS> 8,674,751
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 948,304
<NUMBER-OF-SHARES-REDEEMED> (100,108)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 35,621,432
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (29,992)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 134,318
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 587,745
<AVERAGE-NET-ASSETS> 23,595,499
<PER-SHARE-NAV-BEGIN> 15.12
<PER-SHARE-NII> (.140)
<PER-SHARE-GAIN-APPREC> 3.160
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.14
<EXPENSE-RATIO> 2.52<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
<NUMBER> 112
<NAME> EMERGING GROWTH II FUND - CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 1,548,420
<SHARES-COMMON-PRIOR> 717,720
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 0
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 898,032
<NUMBER-OF-SHARES-REDEEMED> (67,332)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 17,732,983
<PER-SHARE-NAV-BEGIN> 15.04
<PER-SHARE-NII> (.200)
<PER-SHARE-GAIN-APPREC> 3.140
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.98
<EXPENSE-RATIO> 3.28<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>EXPENSE RATIO IS ANNUALIZED
</FN>
</TABLE>