MONITOR FUNDS
NSAR-B, 1998-07-29
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<PAGE>      PAGE  1
000 B000000 05/31/98
000 C000000 0000810695
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 THE MONITOR FUNDS TRUST
001 B000000 811-05010
001 C000000 4122886331
002 A000000 FREEDOM VALLEY DRIVE
002 B000000 OAKS
002 C000000 PA
002 D010000 19456
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C021100 THE MONITOR INTERMEDIATE GOV'T INCOME FUND
007 C031100 N
007 C011200 12
007 C021200 THE MONITOR MICHIGAN TAX-FREE FUND
007 C031200 N
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 HUNTINGTON NATIONAL BANK
008 B00AA01 A
008 C00AA01 801-0000
008 D01AA01 COLUMBUS
008 D02AA01 OH
<PAGE>      PAGE  2
008 D03AA01 43287
010 A00AA01 HUNTINGTON NATIONAL BANK
010 C01AA01 COLUMBUS
010 C02AA01 OH
010 C03AA01 43287
011 A00AA01 SEI INVESTMENTS DISTRIBUTION CO.
011 B00AA01 8-0000
011 C01AA01 OAKS
011 C02AA01 PA
011 C03AA01 19456
012 A00AA01 BFDS
012 B00AA01 84-0000
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 COLUMBUS
013 B02AA01 OH
013 B03AA01 43215
015 A00AA01 HUNTINGTON TRUST COMPANY N.A.
015 B00AA01 C
015 C01AA01 COLUMBUS
015 C02AA01 OH
015 C03AA01 43287
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
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040  00AA00 Y
<PAGE>      PAGE  3
041  00AA00 Y
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
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060 A00AA00 Y
060 B00AA00 Y
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066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
077 A000000 Y
077 B000000 Y
080 A00AA00 CONTINENTAL CASUALTY COMPANY
080 B00AA00 RELIANCE INSURANCE COMPANY
080 C00AA00    53000
081 A00AA00 Y
081 B00AA00 330
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
<PAGE>      PAGE  4
085 B00AA00 N
024  001100 Y
025 A001101 MORGAN STANLEY
025 B001101 13-2655998
025 C001101 D
025 D001101    1889
028 A011100       929
028 A021100        13
028 A031100         0
028 A041100      2309
028 B011100      1528
028 B021100        13
028 B031100         0
028 B041100      1389
028 C011100      2564
028 C021100        12
028 C031100         0
028 C041100      2068
028 D011100      3843
028 D021100        11
028 D031100         0
028 D041100      3168
028 E011100      2368
028 E021100        35
028 E031100         0
028 E041100      1597
028 F011100      1019
028 F021100        78
028 F031100         0
028 F041100      1730
028 G011100     12251
028 G021100       162
028 G031100         0
028 G041100     12261
028 H001100      8934
042 A001100   0
042 B001100   0
042 C001100   0
042 D001100   0
042 E001100   0
042 F001100   0
042 G001100   0
042 H001100 100
043  001100      5
044  001100      0
045  001100 Y
046  001100 N
047  001100 Y
048  001100  0.500
048 A011100        0
048 A021100 0.000
<PAGE>      PAGE  5
048 B011100        0
048 B021100 0.000
048 C011100        0
048 C021100 0.000
048 D011100        0
048 D021100 0.000
048 E011100        0
048 E021100 0.000
048 F011100        0
048 F021100 0.000
048 G011100        0
048 G021100 0.000
048 H011100        0
048 H021100 0.000
048 I011100        0
048 I021100 0.000
048 J011100        0
048 J021100 0.000
048 K011100        0
048 K021100 0.000
062 A001100 Y
062 B001100   0.0
062 C001100   2.0
062 D001100   1.6
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  45.2
062 N001100  50.0
062 O001100   0.0
062 P001100   0.0
062 Q001100   0.0
062 R001100   0.0
063 A001100   0
063 B001100  4.0
064 A001100 N
064 B001100 N
070 A011100 Y
070 A021100 Y
070 B011100 N
070 B021100 N
070 C011100 N
070 C021100 N
070 D011100 N
070 D021100 N
070 E011100 Y
<PAGE>      PAGE  6
070 E021100 N
070 F011100 N
070 F021100 N
070 G011100 N
070 G021100 N
070 H011100 N
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 N
070 M011100 Y
070 M021100 N
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100     14730
071 B001100     19107
071 C001100    108857
071 D001100   14
072 A001100  6
072 B001100     3803
072 C001100        0
072 D001100        0
072 E001100        0
072 F001100      276
072 G001100      102
072 H001100        0
072 I001100       34
072 J001100       20
072 K001100        0
072 L001100       12
072 M001100        7
072 N001100        2
072 O001100        0
072 P001100        0
072 Q001100        0
072 R001100        0
072 S001100        0
072 T001100        5
<PAGE>      PAGE  7
072 U001100        0
072 V001100        0
072 W001100        6
072 X001100      464
072 Y001100       10
072 Z001100     3349
072AA001100        0
072BB001100        4
072CC011100      527
072CC021100        0
072DD011100     2988
072DD021100       84
072EE001100        0
073 A011100   0.2600
073 A021100   0.2500
073 B001100   0.0000
073 C001100   0.0000
074 A001100        0
074 B001100     1889
074 C001100        0
074 D001100   116151
074 E001100        0
074 F001100        0
074 G001100        0
074 H001100        0
074 I001100        0
074 J001100        5
074 K001100        0
074 L001100     1602
074 M001100        0
074 N001100   119647
074 O001100        0
074 P001100        0
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100      113
074 S001100        0
074 T001100   119534
074 U011100    11367
074 U021100      314
074 V011100    10.23
074 V021100    10.24
074 W001100   0.0000
074 X001100      250
074 Y001100        0
075 A001100        0
075 B001100   119534
076  001100     0.00
024  001200 N
<PAGE>      PAGE  8
028 A011200       336
028 A021200        27
028 A031200         0
028 A041200       248
028 B011200       642
028 B021200        27
028 B031200         0
028 B041200       549
028 C011200      1106
028 C021200        26
028 C031200         0
028 C041200       264
028 D011200       425
028 D021200        24
028 D031200         0
028 D041200       384
028 E011200      2287
028 E021200        40
028 E031200         0
028 E041200      1130
028 F011200       797
028 F021200        35
028 F031200         0
028 F041200       446
028 G011200      5593
028 G021200       179
028 G031200         0
028 G041200      3021
028 H001200      1445
042 A001200   0
042 B001200   0
042 C001200   0
042 D001200   0
042 E001200   0
042 F001200   0
042 G001200   0
042 H001200 100
043  001200     16
044  001200      0
045  001200 Y
046  001200 N
047  001200 Y
048  001200  0.500
048 A011200        0
048 A021200 0.000
048 B011200        0
048 B021200 0.000
048 C011200        0
048 C021200 0.000
048 D011200        0
048 D021200 0.000
<PAGE>      PAGE  9
048 E011200        0
048 E021200 0.000
048 F011200        0
048 F021200 0.000
048 G011200        0
048 G021200 0.000
048 H011200        0
048 H021200 0.000
048 I011200        0
048 I021200 0.000
048 J011200        0
048 J021200 0.000
048 K011200        0
048 K021200 0.000
062 A001200 Y
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
062 E001200   0.0
062 F001200   0.0
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0
062 J001200   0.0
062 K001200   0.0
062 L001200   0.0
062 M001200   0.0
062 N001200   0.0
062 O001200  98.0
062 P001200   0.0
062 Q001200   1.0
062 R001200   0.0
063 A001200   0
063 B001200  5.0
064 A001200 N
064 B001200 N
070 A011200 Y
070 A021200 N
070 B011200 N
070 B021200 N
070 C011200 N
070 C021200 N
070 D011200 N
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 N
<PAGE>      PAGE  10
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 N
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200      3143
071 B001200       800
071 C001200     33145
071 D001200    2
072 A001200  6
072 B001200      944
072 C001200        0
072 D001200        0
072 E001200        0
072 F001200       93
072 G001200       31
072 H001200        0
072 I001200       16
072 J001200        3
072 K001200        0
072 L001200        1
072 M001200        3
072 N001200        1
072 O001200        0
072 P001200        0
072 Q001200        0
072 R001200        1
072 S001200        5
072 T001200       16
072 U001200        0
072 V001200        0
072 W001200        5
072 X001200      175
072 Y001200       29
072 Z001200      798
<PAGE>      PAGE  11
072AA001200        0
072BB001200        0
072CC011200      191
072CC021200        0
072DD011200      541
072DD021200      193
072EE001200        0
073 A011200   0.2300
073 A021200   0.0220
073 B001200   0.0000
073 C001200   0.0000
074 A001200        4
074 B001200        0
074 C001200        0
074 D001200    37038
074 E001200        0
074 F001200        0
074 G001200        0
074 H001200        0
074 I001200        0
074 J001200        0
074 K001200        0
074 L001200      448
074 M001200        0
074 N001200    37490
074 O001200        0
074 P001200        0
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200      104
074 S001200        0
074 T001200    37386
074 U011200     2502
074 U021200      907
074 V011200    10.97
074 V021200    10.97
074 W001200   0.0000
074 X001200      306
074 Y001200        0
075 A001200        0
075 B001200    37386
076  001200     0.00
SIGNATURE   BOB DELLACROCE                               
TITLE       CONTROLLER          
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> THE MONITOR FUNDS
<SERIES>
   <NUMBER> 110
   <NAME> INTERMEDIATE GOVERNMENT INCOME FUND TRUST SHARES
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAY-31-1998
<PERIOD-START>                             JUN-01-1997
<PERIOD-END>                               MAY-31-1998
<INVESTMENTS-AT-COST>                           115866
<INVESTMENTS-AT-VALUE>                          118040
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<SHARES-COMMON-STOCK>                            11367
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<ACCUMULATED-NET-GAINS>                         (1712)
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<NET-ASSETS>                                    119534
<DIVIDEND-INCOME>                                    0
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<EXPENSES-NET>                                     454
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<REALIZED-GAINS-CURRENT>                        (1712)
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<EQUALIZATION>                                       0
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<EXPENSE-RATIO>                                    .76
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> THE MONITOR FUNDS
<SERIES>
   <NUMBER> 111
   <NAME> INTERMEDIATE GOVERNMENT INCOME FUND INVESTOR SHARES
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
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<PERIOD-END>                               MAY-31-1998
<INVESTMENTS-AT-COST>                           115866
<INVESTMENTS-AT-VALUE>                          118040
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000810695
<NAME> THE MONITOR FUNDS
<SERIES>
   <NUMBER> 120
   <NAME> MICHIGAN TAX FREE FUND INVESTOR SHARES
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<S>                             <C>
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<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                            101
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<PER-SHARE-NAV-BEGIN>                            10.89
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> THE MONITOR FUNDS
<SERIES>
   <NUMBER> 121
   <NAME> MICHIGAN TAX FREE FUND TRUST SHARES
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAY-31-1998
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