COMMON SENSE TRUST
NSAR-A, 1996-06-24
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<PAGE>      PAGE  1
000 A000000 04/30/96
000 C000000 0000810271
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 COMMON SENSE TRUST
001 B000000 811-05018
001 C000000 7086846000
002 A000000 ONE PARKVIEW PLAZA
002 B000000 OAKBROOK TERRACE
002 C000000 IL
002 D010000 60181
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 10
007 C010100  1
007 C020100 GROWTH FUND
007 C030100 N
007 C010200  2
007 C020200 GROWTH & INCOME FUND
007 C030200 N
007 C010300  3
007 C020300 GOVERNMENT FUND
007 C030300 N
007 C010400  4
007 C020400 MONEY MARKET FUND
007 C030400 N
007 C010500  5
007 C020500 MUNICIPAL BOND FUND
007 C030500 N
007 C010600  6
007 C020600 GROWTH II FUND
007 C030600 N
007 C010700  7
007 C020700 GROWTH & INCOME II FUND
007 C030700 N
007 C010800  8
007 C020800 GOVERNMENT II FUND
007 C030800 N
007 C010900  9
007 C011000 10
007 C021000 INTERNATIONAL EQUITY II FUND
007 C031000 N
007 C011100 11
<PAGE>      PAGE  2
007 C021100 EMERGING GROWTH II FUND
007 C031100 N
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
011 A00AA01 PFS DISTRIBUTORS
011 B00AA01 8-37352
011 C01AA01 DULUTH
011 C02AA01 GA
011 C03AA01 30199
011 C04AA01 0001
012 A00AA01 PFS SHAREHOLDER SERVICES
012 B00AA01 84-1499
012 C01AA01 DULUTH
012 C02AA01 GA
012 C03AA01 30199
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 HOUSTON
013 B02AA01 TX
013 B03AA01 77010
014 A00AA01 SMITH BARNEY INC
014 B00AA01 8-8177
015 A00AA01 STATE STREET BANK & TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   10
019 C00AA00 VANKAMPENA
020 A000001 SALOMON BROTHERS INC
020 B000001 13-3082694
020 C000001    768
020 A000002 MORGAN STANLEY & CO INC
020 B000002 13-2655998
020 C000002    749
020 A000003 GOLDMAN SACHS & CO
020 B000003 13-5108880
020 C000003    643
020 A000004 MERRILL LYNCH INC
020 B000004 13-5674085
020 C000004    562
020 A000005 FIRST BOSTON CORP
<PAGE>      PAGE  3
020 B000005 13-5659485
020 C000005    539
020 A000006 PAINEWEBBER INC
020 B000006 13-2638166
020 C000006    425
020 A000007 LEHMAN BROTHERS INC
020 B000007 13-2518466
020 C000007    422
020 A000008 MONTGOMERY SECURITIES
020 B000008 94-1701676
020 C000008    411
020 A000009 BERNSTEIN (STANFORD C) & CO INC
020 B000009 13-2625874
020 C000009    159
020 A000010 WERTHEIM SCHRODER & CO INC
020 B000010 13-2697272
020 C000010    134
021  000000     6799
022 A000001 SBC CAPIAL MARKET, INC.
022 B000001     ----
022 C000001  10430165
022 D000001         0
022 A000002 LEHMAN BROTHERS, INC.
022 B000002 13-2518466
022 C000002   8699935
022 D000002     17691
022 A000003 STATE STREET BANK & TRUST CO
022 B000003 04-1867445
022 C000003   6282133
022 D000003         0
022 A000004 BANKAMERICA CORP
022 B000004     ----
022 C000004   1971021
022 D000004     98927
022 A000005 MORGAN STANLEY & CO., INC.
022 B000005 13-2655998
022 C000005    290971
022 D000005    157941
022 A000006 HONG KONG SHAGHAI
022 B000006     ----
022 C000006    359735
022 D000006     29594
022 A000007 GOLDMAN SACHS & CO
022 B000007 13-5108880
022 C000007    165696
022 D000007    153477
022 A000008 ASSOCIATES CORP OF NORTH AMERICA
022 B000008     ----
022 C000008    300148
022 D000008         0
022 A000009 MERRILL LYNCH INC
<PAGE>      PAGE  4
022 B000009 13-5674085
022 C000009    127711
022 D000009     92230
022 A000010 DONALDSON LUFKIN & JENERETTE SEC. CORP.
022 B000010 13-2741729
022 C000010     89012
022 D000010    102535
023 C000000   29940994
023 D000000    1463552
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 N
<PAGE>      PAGE  5
077 Q020000 N
077 Q030000 N
078  000000 N
080 C00AA00        0
081 B00AA00   0
082 B00AA00        0
083 B00AA00        0
084 B00AA00        0
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
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086 C020000      0
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086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000101 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC.
008 B000101 A
008 C000101 801-8286
008 D010101 OAKBROOK TERRACE
008 D020101 IL
008 D030101 60181
024  000100 Y
025 A000101 LEHMAN GOVERNMENT SECURITIES, INC.
025 B000101 13-2518466
025 C000101 D
025 D000101   43075
025 A000102 BANKAMERICA SECURITIES
025 B000102     ----
025 C000102 D
025 D000102   46445
025 A000103 DONALDSON LUFKIN & JENRETTE INC
025 B000103 13-2741729
025 C000103 E
025 D000103    1566
025 A000104 MERRILL LYNCH & CO INC
025 B000104 13-5674085
025 C000104 E
025 D000104    7547
025 A000105 MORGAN STANLEY GROUP INC
025 B000105 13-2655998
025 C000105 E
025 D000105    8040
025 A000106 SUNAMERICA INC
025 B000106 86-0273618
025 C000106 E
025 D000106    9265
<PAGE>      PAGE  6
025 D000107       0
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028 D040100     37553
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028 E020100         0
028 E030100         0
028 E040100     38314
028 F010100     32315
028 F020100         0
028 F030100         0
028 F040100     41805
028 G010100    161932
028 G020100    383847
028 G030100         0
028 G040100    204782
028 H000100    156479
029  000100 Y
030 A000100  10971
030 B000100  8.50
030 C000100  0.25
031 A000100   1941
031 B000100      0
032  000100      0
033  000100   9030
034  000100 N
035  000100      0
036 B000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 N
041  000100 N
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
<PAGE>      PAGE  7
048 A010100  1000000
048 A020100 0.650
048 B010100  1000000
048 B020100 0.600
048 C010100  1000000
048 C020100 0.550
048 D010100  1000000
048 D020100 0.500
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  4000000
048 K020100 0.450
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 N
055 A000100 N
055 B000100 N
056  000100 N
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100      250
062 A000100 N
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
<PAGE>      PAGE  8
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 Y
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100   2886696
<PAGE>      PAGE  9
071 B000100   2833924
071 C000100   2493489
071 D000100  114
072 A000100  6
072 B000100     7525
072 C000100    23337
072 D000100        0
072 E000100        0
072 F000100     8353
072 G000100        0
072 H000100        0
072 I000100     4026
072 J000100       64
072 K000100        0
072 L000100      275
072 M000100       84
072 N000100       38
072 O000100        0
072 P000100        0
072 Q000100      227
072 R000100       16
072 S000100        6
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100      145
072 X000100    13234
072 Y000100        0
072 Z000100    17628
072AA000100   263875
072BB000100   109703
072CC010100   149950
072CC020100        0
072DD010100    27239
072DD020100        0
072EE000100   358760
073 A010100   0.1825
073 A020100   0.0000
073 B000100   2.4034
073 C000100   0.0000
074 A000100        3
074 B000100    89520
074 C000100    86923
074 D000100        0
074 E000100        0
074 F000100  2732198
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100   112753
074 K000100        0
<PAGE>      PAGE  10
074 L000100     1482
074 M000100      125
074 N000100  3023004
074 O000100   127786
074 P000100     1452
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     5514
074 S000100        0
074 T000100  2888252
074 U010100   171483
074 U020100        0
074 V010100    16.84
074 V020100     0.00
074 W000100   0.0000
074 X000100   554892
074 Y000100    94976
075 A000100        0
075 B000100  2764685
076  000100     0.00
008 A000201 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC.
008 B000201 A
008 C000201 801-8286
008 D010201 OAKBROOK TERRACE
008 D020201 IL
008 D030201 60181
024  000200 Y
025 A000201 BANKAMERICA SECURITIES
025 B000201 ----------
025 C000201 D
025 D000201   30260
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200      6981
028 A020200         0
028 A030200         0
028 A040200     10885
028 B010200      7861
028 B020200     90541
028 B030200         0
028 B040200      9902
028 C010200      9923
028 C020200         0
028 C030200         0
<PAGE>      PAGE  11
028 C040200     10729
028 D010200      8894
028 D020200         0
028 D030200         0
028 D040200     12586
028 E010200      9104
028 E020200      3545
028 E030200         0
028 E040200     13105
028 F010200     10944
028 F020200         0
028 F030200         0
028 F040200     13792
028 G010200     53707
028 G020200     94086
028 G030200         0
028 G040200     70999
028 H000200     48271
029  000200 Y
030 A000200   2876
030 B000200  8.50
030 C000200  0.25
031 A000200    500
031 B000200      0
032  000200      0
033  000200   2376
034  000200 N
035  000200      0
036 B000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 N
041  000200 N
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.000
048 A010200  1000000
048 A020200 0.650
048 B010200  1000000
048 B020200 0.600
048 C010200  1000000
048 C020200 0.550
048 D010200  1000000
048 D020200 0.500
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
<PAGE>      PAGE  12
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  4000000
048 K020200 0.450
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 N
055 A000200 N
055 B000200 N
056  000200 N
057  000200 N
058 A000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200      250
062 A000200 N
062 B000200   0.0
062 C000200   0.0
062 D000200   0.0
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
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 N
066 E000200 Y
066 F000200 N
066 G000200 N
067  000200 N
068 A000200 N
068 B000200 N
<PAGE>      PAGE  13
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 Y
070 E020200 Y
070 F010200 Y
070 F020200 Y
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200    471965
071 B000200    484865
071 C000200    832358
071 D000200   57
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072 C000200     8228
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<PAGE>      PAGE  14
072 K000200        0
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074 C000200    28278
074 D000200    61995
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<PAGE>      PAGE  15
074 U020200        0
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008 A000301 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC
008 B000301 A
008 C000301 801-8286
008 D010301 OAKBROOK TERRACE
008 D020301 IL
008 D030301 60181
024  000300 Y
025 A000301 BANKAMERICA SECURITIES
025 B000301     ----
025 C000301 D
025 D000301    4820
025 D000302       0
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028 A010300      3087
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028 F040300      8063
<PAGE>      PAGE  16
028 G010300     19573
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030 B000300  6.75
030 C000300  0.25
031 A000300     98
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032  000300      0
033  000300    566
034  000300 N
035  000300      0
036 B000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 N
041  000300 N
045  000300 Y
046  000300 N
047  000300 Y
048  000300  0.000
048 A010300  1000000
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048 K010300  5000000
048 K020300 0.350
049  000300 N
050  000300 N
051  000300 N
052  000300 N
<PAGE>      PAGE  17
053 A000300 N
055 A000300 N
055 B000300 N
056  000300 N
057  000300 N
058 A000300 N
059  000300 Y
060 A000300 Y
060 B000300 Y
061  000300      250
062 A000300 Y
062 B000300   0.0
062 C000300   0.0
062 D000300   1.6
062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
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062 M000300  54.0
062 N000300  58.9
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062 P000300   0.0
062 Q000300   0.0
062 R000300   0.0
063 A000300   0
063 B000300  6.9
064 A000300 N
064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 Y
070 F010300 N
070 F020300 N
070 G010300 Y
070 G020300 N
<PAGE>      PAGE  18
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
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 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
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070 R020300 Y
071 A000300    398738
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066 E000700 Y
066 F000700 N
066 G000700 N
067  000700 N
068 A000700 N
068 B000700 N
069  000700 N
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070 B010700 Y
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070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 Y
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 Y
070 J020700 Y
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 Y
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
<PAGE>      PAGE  38
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
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072 P000700        0
072 Q000700       42
072 R000700        6
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072 V000700        0
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072 X000700      592
072 Y000700       26
072 Z000700       13
072AA000700     2200
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073 A020700   0.0100
073 B000700   0.2775
073 C000700   0.0000
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074 B000700     3850
<PAGE>      PAGE  39
074 C000700     1000
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074 E000700      473
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074 S000700        0
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074 Y000700     1600
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008 A000801 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC.
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008 D010801 OAKBROOK TERRACE
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008 D030801 60181
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<PAGE>      PAGE  40
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037  000800 N
038  000800      0
039  000800 N
040  000800 Y
041  000800 Y
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042 B000800   0
042 C000800 100
042 D000800   0
042 E000800   0
042 F000800   0
042 G000800   0
<PAGE>      PAGE  41
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045  000800 Y
046  000800 N
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050  000800 N
051  000800 N
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053 A000800 N
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055 B000800 N
056  000800 N
057  000800 N
058 A000800 N
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060 A000800 Y
060 B000800 Y
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<PAGE>      PAGE  42
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063 B000800  5.4
064 A000800 N
064 B000800 N
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068 A000800 N
068 B000800 N
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070 A010800 Y
070 A020800 Y
070 B010800 N
070 B020800 N
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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
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072 X000800      305
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<PAGE>      PAGE  44
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<PAGE>      PAGE  45
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041  001000 Y
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<PAGE>      PAGE  46
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055 B001000 N
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058 A001000 N
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<PAGE>      PAGE  47
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066 D001000 N
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070 D021000 N
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070 I021000 N
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070 J021000 N
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070 K021000 N
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070 L021000 Y
070 M011000 Y
070 M021000 Y
<PAGE>      PAGE  48
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<PAGE>      PAGE  49
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<PAGE>      PAGE  50
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<PAGE>      PAGE  51
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<PAGE>      PAGE  52
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<PAGE>      PAGE  53
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<PAGE>      PAGE  54
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SIGNATURE   TANYA LODEN                                  
TITLE       CONTROLLER          
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810271
<NAME> COMMON SENSE TRUST
<SERIES>
   <NUMBER> 01
   <NAME> GROWTH 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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<OTHER-ITEMS-ASSETS>                             2,802
<TOTAL-ASSETS>                           3,023,003,163
<PAYABLE-FOR-SECURITIES>                   127,786,037
<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                        134,751,597
<SENIOR-EQUITY>                              1,714,833
<PAID-IN-CAPITAL-COMMON>                 2,310,838,167
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<SHARES-COMMON-PRIOR>                      149,533,377
<ACCUMULATED-NII-CURRENT>                   11,339,131
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    148,069,871
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                             2,888,251,566
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                            (13,233,813)
<NET-INVESTMENT-INCOME>                     17,627,661
<REALIZED-GAINS-CURRENT>                   154,171,847
<APPREC-INCREASE-CURRENT>                  149,949,573
<NET-CHANGE-FROM-OPS>                      321,749,081
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (27,239,333)
<DISTRIBUTIONS-OF-GAINS>                 (358,760,096)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      9,693,621
<NUMBER-OF-SHARES-REDEEMED>               (12,286,329)
<SHARES-REINVESTED>                         24,542,677
<NET-CHANGE-IN-ASSETS>                     276,746,657
<ACCUMULATED-NII-PRIOR>                     20,950,803
<ACCUMULATED-GAINS-PRIOR>                  352,658,120
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        8,352,883
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             13,233,813
<AVERAGE-NET-ASSETS>                     2,764,684,871
<PER-SHARE-NAV-BEGIN>                            17.46
<PER-SHARE-NII>                                   .110
<PER-SHARE-GAIN-APPREC>                          1.856
<PER-SHARE-DIVIDEND>                            (.183)
<PER-SHARE-DISTRIBUTIONS>                      (2.403)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.84
<EXPENSE-RATIO>                                    .96<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> 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
<INVESTMENTS-AT-COST>                      772,979,033
<INVESTMENTS-AT-VALUE>                     916,208,776
<RECEIVABLES>                               12,703,527
<ASSETS-OTHER>                                  42,324
<OTHER-ITEMS-ASSETS>                             5,407
<TOTAL-ASSETS>                             928,960,034
<PAYABLE-FOR-SECURITIES>                     5,062,480
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,999,961
<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
<OVERDISTRIBUTION-NII>                               0
<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)
<NET-INVESTMENT-INCOME>                      7,210,877
<REALIZED-GAINS-CURRENT>                    78,208,533
<APPREC-INCREASE-CURRENT>                   26,925,454
<NET-CHANGE-FROM-OPS>                      112,344,864
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (10,295,739)
<DISTRIBUTIONS-OF-GAINS>                  (85,264,668)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,139,663
<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)
<PER-SHARE-DISTRIBUTIONS>                      (1.755)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.20
<EXPENSE-RATIO>                                    .93<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> 03
   <NAME> GOVERNMENT 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>                      352,188,736
<INVESTMENTS-AT-VALUE>                     350,736,012
<RECEIVABLES>                               60,233,163
<ASSETS-OTHER>                                  19,041
<OTHER-ITEMS-ASSETS>                             1,937
<TOTAL-ASSETS>                             410,990,153
<PAYABLE-FOR-SECURITIES>                    87,091,706
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   17,643,938
<TOTAL-LIABILITIES>                        104,735,644
<SENIOR-EQUITY>                                297,869
<PAID-IN-CAPITAL-COMMON>                   340,910,854
<SHARES-COMMON-STOCK>                       29,786,859
<SHARES-COMMON-PRIOR>                       30,839,945
<ACCUMULATED-NII-CURRENT>                       66,350
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (30,442,891)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (4,577,673)
<NET-ASSETS>                               306,254,509
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           12,189,519
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,352,092)
<NET-INVESTMENT-INCOME>                     10,837,427
<REALIZED-GAINS-CURRENT>                     2,417,887
<APPREC-INCREASE-CURRENT>                 (13,526,440)
<NET-CHANGE-FROM-OPS>                        (271,126)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (11,314,527)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,835,969
<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>


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