<PAGE> PAGE 1
000 B000000 08/27/96
000 C000000 810893
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 PIMCO FUNDS
001 B000000 811-5028
001 C000000 7147604465
002 A000000 840 NEWPORT CENTER DRIVE, SUITE 360
002 B000000 NEWPORT BEACH
002 C000000 CA
002 D010000 92660
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
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 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C021900 VERSASTYLE EQUITY FUND II (FORMERLY I)
007 C031900 Y
007 C012000 20
008 A00AA01 PACIFIC INVESTMENT MANAGEMENT COMPANY
008 B00AA01 A
008 C00AA01 801-7260
008 D01AA01 NEWPORT BEACH
008 D02AA01 CA
008 D03AA01 92660
010 A00AA01 PACIFIC INVESTMENT MANAGEMENT COMPANY
<PAGE> PAGE 2
010 C01AA01 NEWPORT BEACH
010 C02AA01 CA
010 C03AA01 92660
012 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
012 B00AA01 85-00535
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
013 A00AA01 PRICE WATERHOUSE
013 B01AA01 KANSAS CITY
013 B02AA01 MO
013 B03AA01 64105
014 A00AA01 PIMCO ADVISORS DISTRIBUTION CO.
014 B00AA01 8-15264
015 A00AA01 INVESTORS FIDUCIARY TRUST COMPANY
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64105
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 BEAR STEARNS
020 B000001 13-3299429
020 C000001 4
020 A000002 INVESTEMENT TECH GROUP
020 B000002 95-4339369
020 C000002 2
020 A000003 PAINEWEBBER
020 B000003 13-2638166
020 C000003 1
020 A000004 JEFFERIES CO.
020 B000004 95-2622900
020 C000004 0
020 A000005 LAWRENCE HELIFANT
020 B000005 22-2172515
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 7
022 A000001 DAIWA SECURITIES
022 B000001 13-5680329
022 C000001 4800
022 D000001 0
022 A000002 MERRILL LYNCH PF&S
022 B000002 13-5674085
022 C000002 3986
<PAGE> PAGE 3
022 D000002 192
022 A000003 GOLDMAN SACHS
022 B000003 13-5108880
022 C000003 4000
022 D000003 0
022 A000004 SHEARSON LEHMAN BROS.
022 B000004 13-2518466
022 C000004 300
022 D000004 0
022 A000005 JEFFERIES CO.
022 B000005 95-2622900
022 C000005 10
022 D000005 13
022 A000006 BEAR STEARNS
022 B000006 13-3299429
022 C000006 2
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 13098
023 D000000 205
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
<PAGE> PAGE 4
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 Y
054 E00AA00 Y
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 Y
054 O00AA00 Y
077 A000000 Y
077 Q010000 Y
078 000000 N
080 A00AA00 NATIONAL UNION FIRE INSURANCE COMPANY
080 C00AA00 23000
081 A00AA00 Y
081 B00AA00 2
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
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086 F020000 0
024 001900 N
025 D001901 0
025 D001902 0
025 D001903 0
025 D001904 0
025 D001905 0
025 D001906 0
<PAGE> PAGE 5
025 D001907 0
025 D001908 0
028 A011900 0
028 A021900 0
028 A031900 0
028 A041900 0
028 B011900 0
028 B021900 0
028 B031900 0
028 B041900 0
028 C011900 0
028 C021900 0
028 C031900 0
028 C041900 6867
028 D011900 0
028 D021900 0
028 D031900 0
028 D041900 0
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028 E021900 0
028 E031900 0
028 E041900 0
028 F011900 0
028 F021900 0
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028 G011900 0
028 G021900 0
028 G031900 0
028 G041900 6867
028 H001900 0
037 001900 N
038 001900 0
039 001900 N
040 001900 Y
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042 E001900 0
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042 G001900 0
042 H001900 0
043 001900 0
044 001900 0
045 001900 Y
046 001900 N
047 001900 Y
048 001900 0.400
048 A011900 0
<PAGE> PAGE 6
048 A021900 0.000
048 B011900 0
048 B021900 0.000
048 C011900 0
048 C021900 0.000
048 D011900 0
048 D021900 0.000
048 E011900 0
048 E021900 0.000
048 F011900 0
048 F021900 0.000
048 G011900 0
048 G021900 0.000
048 H011900 0
048 H021900 0.000
048 I011900 0
048 I021900 0.000
048 J011900 0
048 J021900 0.000
048 K011900 0
048 K021900 0.000
055 A001900 N
055 B001900 N
056 001900 Y
057 001900 N
058 A001900 N
059 001900 Y
060 A001900 Y
060 B001900 Y
061 001900 1000000
062 A001900 N
062 B001900 0.0
062 C001900 0.0
062 D001900 0.0
062 E001900 0.0
062 F001900 0.0
062 G001900 0.0
062 H001900 0.0
062 I001900 0.0
062 J001900 0.0
062 K001900 0.0
062 L001900 0.0
062 M001900 0.0
062 N001900 0.0
062 O001900 0.0
062 P001900 0.0
062 Q001900 0.0
062 R001900 0.0
063 A001900 0
063 B001900 0.0
066 A001900 Y
<PAGE> PAGE 7
066 B001900 N
066 C001900 N
066 D001900 N
066 E001900 N
066 F001900 N
066 G001900 Y
067 001900 N
068 A001900 N
068 B001900 N
069 001900 N
070 A011900 Y
070 A021900 Y
070 B011900 Y
070 B021900 N
070 C011900 Y
070 C021900 N
070 D011900 Y
070 D021900 N
070 E011900 Y
070 E021900 N
070 F011900 Y
070 F021900 N
070 G011900 Y
070 G021900 N
070 H011900 Y
070 H021900 N
070 I011900 Y
070 I021900 N
070 J011900 Y
070 J021900 N
070 K011900 N
070 K021900 N
070 L011900 Y
070 L021900 N
070 M011900 Y
070 M021900 N
070 N011900 Y
070 N021900 N
070 O011900 Y
070 O021900 N
070 P011900 N
070 P021900 N
070 Q011900 N
070 Q021900 N
070 R011900 Y
070 R021900 N
071 A001900 2039
071 B001900 8864
071 C001900 5137
071 D001900 40
072 A001900 5
<PAGE> PAGE 8
072 B001900 5
072 C001900 35
072 D001900 0
072 E001900 0
072 F001900 7
072 G001900 4
072 H001900 0
072 I001900 0
072 J001900 0
072 K001900 0
072 L001900 0
072 M001900 0
072 N001900 0
072 O001900 0
072 P001900 0
072 Q001900 0
072 R001900 0
072 S001900 0
072 T001900 0
072 U001900 0
072 V001900 0
072 W001900 0
072 X001900 11
072 Y001900 0
072 Z001900 29
072AA001900 887
072BB001900 0
072CC011900 0
072CC021900 798
072DD011900 0
072DD021900 0
072EE001900 0
073 A011900 0.0000
073 A021900 0.0000
073 B001900 0.0000
073 C001900 12.3800
074 A001900 0
074 B001900 0
074 C001900 0
074 D001900 0
074 E001900 0
074 F001900 0
074 G001900 0
074 H001900 0
074 I001900 0
074 J001900 0
074 K001900 0
074 L001900 0
074 M001900 0
074 N001900 0
074 O001900 0
<PAGE> PAGE 9
074 P001900 0
074 Q001900 0
074 R011900 0
074 R021900 0
074 R031900 0
074 R041900 0
074 S001900 0
074 T001900 0
074 U011900 0
074 U021900 0
074 V011900 0.00
074 V021900 0.00
074 W001900 0.0000
074 X001900 0
074 Y001900 0
075 A001900 0
075 B001900 5148
076 001900 0.00
SIGNATURE JOHN P. HARDAWAY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
PIMCO Funds-VersaSTYLE Equity Fund II annual report dated August 27, 1996
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 191
<NAME> VERSASTYLE EQUITY FUND II
<S> <C>
<PERIOD-TYPE> 5-MOS
<FISCAL-YEAR-END> AUG-27-1996
<PERIOD-END> AUG-27-1996
<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> 0
<SHARES-COMMON-PRIOR> 555
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 35
<INTEREST-INCOME> 5
<OTHER-INCOME> 0
<EXPENSES-NET> 11
<NET-INVESTMENT-INCOME> 29
<REALIZED-GAINS-CURRENT> 887
<APPREC-INCREASE-CURRENT> (798)
<NET-CHANGE-FROM-OPS> 118
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 555
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (6752)
<ACCUMULATED-NII-PRIOR> 238
<ACCUMULATED-GAINS-PRIOR> 79
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 11
<AVERAGE-NET-ASSETS> 5148
<PER-SHARE-NAV-BEGIN> 12.17
<PER-SHARE-NII> (.43)
<PER-SHARE-GAIN-APPREC> .64
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 12.38
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<EXPENSE-RATIO> .65
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
