<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 811030
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PROFESSIONALLY MANAGED PORTFOLIOS
001 B000000 811-5037
001 C000000 8188521033
002 A000000 2025 EAST FINANCIAL WAY - SUITE 101
002 B000000 GLENDORA
002 C000000 CA
002 D010000 91741
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
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 MATRIX GROWTH FUND
007 C031100 N
007 C011200 12
007 C021200 MATRIX EMERGING GROWTH FUND
007 C031200 N
007 C011300 13
007 C011400 14
007 C021400 INSIGHTFUL INVESTOR GROWTH FUND
007 C031400 N
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
<PAGE> PAGE 2
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
010 A00AA01 INVESTMENT COMPANY ADMINISTRATION CORPORATION
010 C01AA01 PHOENIX
010 C02AA01 AZ
010 C03AA01 85018
012 A00AA01 AMERICAN DATA SERVICES, INC.
012 B00AA01 85-5093
012 C01AA01 HUNTINGTON
012 C02AA01 NY
012 C03AA01 11743
015 A00AA01 STAR BANK, N.A.
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45202
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 QUICK & REILLY, INC.
020 B000001 13-2779884
020 C000001 3
020 A000002 HANIFEN, IMHOFF SECURITIES CORP.
020 B000002 84-0864945
020 C000002 3
020 A000003 EC CAPITAL CORP.
020 C000003 2
020 A000004 WESTMINSTER SECURITIES CORP.
020 B000004 13-2697772
020 C000004 2
020 A000005 NED DAVIS, INC.
020 C000005 2
020 A000006 MORGAN STANLEY & CO., INC.
020 B000006 13-2655998
020 C000006 2
020 A000007 GKN SECURITIES CORP.
020 C000007 1
020 A000008 ALEX BROWN & SONS, INC.
020 B000008 52-0256630
020 C000008 1
020 A000009 CORPORATE MANAGEMENT GROUP SECURITIES, INC.
020 B000009 58-1598045
020 C000009 1
020 A000010 H.D. BROUS & CO.
020 C000010 1
<PAGE> PAGE 3
021 000000 21
022 A000001 QUICK & REILLY, INC.
022 B000001 13-2779884
022 C000001 355
022 D000001 1443
022 A000002 MORGAN STANLEY & CO., INC.
022 B000002 13-2655998
022 C000002 420
022 D000002 605
022 A000003 WESTMINSTER SECURITIES CORP.
022 B000003 13-2697772
022 C000003 36
022 D000003 658
022 A000004 NED DAVIS, INC.
022 C000004 0
022 D000004 508
022 A000005 ALEX BROWN & SONS, INC.
022 B000005 52-0256630
022 C000005 90
022 D000005 412
022 A000006 BEAR STEARNS SECURITIES CORP.
022 B000006 13-3299429
022 C000006 119
022 D000006 330
022 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000007 13-5674085
022 C000007 61
022 D000007 215
022 A000008 GKN SECURITIES CORP.
022 C000008 248
022 D000008 0
022 A000009 EC CAPITAL CORP.
022 C000009 22
022 D000009 163
022 A000010 EQUITABLE SECURITIES CORP.
022 B000010 62-0871146
022 C000010 82
022 D000010 63
023 C000000 1490
023 D000000 5119
024 00AA00 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
<PAGE> PAGE 4
034 00AA00 N
035 00AA00 0
036 B00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
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 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
077 A000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 C00AA00 1600
081 A00AA00 N
<PAGE> PAGE 5
081 B00AA00 0
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
008 A001101 SENA WELLER ROHS WILLIAMS, INC.
008 B001101 A
008 C001101 801-5326
008 D011101 CINCINNATI
008 D021101 OH
008 D031101 45202
011 A001101 REYNOLDS DEWITT SECURITIES CO.
011 B001101 8-37407
011 C011101 CINCINNATI
011 C021101 OH
011 C031101 45202
013 A001101 TAIT, WELLER & BAKER
013 B011101 PHILADELPHIA
013 B021101 PA
013 B031101 19102
028 A011100 6
028 A021100 0
028 A031100 0
028 A041100 294
028 B011100 7
028 B021100 0
028 B031100 0
028 B041100 627
028 C011100 18
028 C021100 0
028 C031100 0
028 C041100 178
028 D011100 23
028 D021100 0
028 D031100 0
028 D041100 1164
028 E011100 43
028 E021100 0
028 E031100 0
028 E041100 0
028 F011100 13
028 F021100 0
028 F031100 0
028 F041100 267
028 G011100 110
028 G021100 0
028 G031100 0
<PAGE> PAGE 6
028 G041100 2530
028 H001100 0
029 001100 N
030 A001100 0
030 B001100 0.00
030 C001100 0.00
037 001100 N
038 001100 0
039 001100 N
040 001100 Y
041 001100 Y
042 A001100 0
042 B001100 0
042 C001100 100
042 D001100 0
042 E001100 0
042 F001100 0
042 G001100 0
042 H001100 0
043 001100 14
044 001100 0
045 001100 Y
046 001100 N
047 001100 Y
048 001100 0.900
048 A011100 0
048 A021100 0.000
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
058 A001100 N
059 001100 Y
060 A001100 Y
060 B001100 Y
<PAGE> PAGE 7
061 001100 1000
066 A001100 Y
066 B001100 N
066 C001100 N
066 D001100 Y
066 E001100 N
066 F001100 N
066 G001100 N
067 001100 N
068 A001100 N
068 B001100 N
069 001100 N
070 A011100 Y
070 A021100 Y
070 B011100 N
070 B021100 N
070 C011100 N
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 N
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 N
070 K021100 N
070 L011100 N
070 L021100 N
070 M011100 N
070 M021100 N
070 N011100 N
070 N021100 N
070 O011100 N
070 O021100 N
070 P011100 N
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100 0
071 B001100 2195
071 C001100 11319
<PAGE> PAGE 8
071 D001100 0
072 A001100 6
072 B001100 8
072 C001100 70
072 D001100 0
072 E001100 0
072 F001100 51
072 G001100 15
072 H001100 0
072 I001100 5
072 J001100 13
072 K001100 0
072 L001100 2
072 M001100 0
072 N001100 0
072 O001100 0
072 P001100 0
072 Q001100 0
072 R001100 7
072 S001100 1
072 T001100 14
072 U001100 2
072 V001100 0
072 W001100 3
072 X001100 113
072 Y001100 15
072 Z001100 -20
072AA001100 608
072BB001100 0
072CC011100 1107
072CC021100 0
072DD011100 0
072DD021100 0
072EE001100 0
073 A011100 0.0000
073 A021100 0.0000
073 B001100 0.0000
073 C001100 0.0000
074 A001100 40
074 B001100 0
074 C001100 0
074 D001100 0
074 E001100 0
074 F001100 11100
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 272
074 K001100 0
074 L001100 9
074 M001100 13
<PAGE> PAGE 9
074 N001100 11434
074 O001100 0
074 P001100 18
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 67
074 S001100 0
074 T001100 11349
074 U011100 643
074 U021100 0
074 V011100 17.65
074 V021100 0.00
074 W001100 0.0000
074 X001100 410
074 Y001100 0
075 A001100 0
075 B001100 11331
076 001100 0.00
008 A001201 SENA WELLER ROHS WILLIAMS, INC.
008 B001201 A
008 C001201 801-5326
008 D011201 CINCINNATI
008 D021201 OH
008 D031201 45202
011 A001201 REYNOLDS DEWITT SECURITIES CO.
011 B001201 8-37407
011 C011201 CINCINNATI
011 C021201 OH
011 C031201 45202
013 A001201 TAIT, WELLER & BAKER
013 B011201 PHILADELPHIA
013 B021201 PA
013 B031201 19102
028 A011200 145
028 A021200 0
028 A031200 0
028 A041200 3
028 B011200 18
028 B021200 0
028 B031200 0
028 B041200 39
028 C011200 79
028 C021200 0
028 C031200 0
028 C041200 16
028 D011200 23
028 D021200 0
028 D031200 0
028 D041200 2
<PAGE> PAGE 10
028 E011200 77
028 E021200 0
028 E031200 0
028 E041200 145
028 F011200 43
028 F021200 0
028 F031200 0
028 F041200 33
028 G011200 385
028 G021200 0
028 G031200 0
028 G041200 238
028 H001200 0
029 001200 N
030 A001200 0
030 B001200 0.00
030 C001200 0.00
037 001200 N
038 001200 0
039 001200 N
040 001200 Y
041 001200 Y
042 A001200 0
042 B001200 0
042 C001200 100
042 D001200 0
042 E001200 0
042 F001200 0
042 G001200 0
042 H001200 0
043 001200 7
044 001200 0
045 001200 Y
046 001200 N
047 001200 Y
048 001200 0.900
048 A011200 0
048 A021200 0.000
048 B011200 0
048 B021200 0.000
048 C011200 0
048 C021200 0.000
048 D011200 0
048 D021200 0.000
048 E011200 0
048 E021200 0.000
048 F011200 0
048 F021200 0.000
048 G011200 0
048 G021200 0.000
048 H011200 0
<PAGE> PAGE 11
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
058 A001200 N
059 001200 Y
060 A001200 Y
060 B001200 Y
061 001200 1000
066 A001200 Y
066 B001200 N
066 C001200 Y
066 D001200 N
066 E001200 N
066 F001200 N
066 G001200 N
067 001200 N
068 A001200 N
068 B001200 N
069 001200 N
070 A011200 Y
070 A021200 Y
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
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 N
070 K021200 N
070 L011200 N
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 N
070 N021200 N
<PAGE> PAGE 12
070 O011200 N
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200 960
071 B001200 728
071 C001200 5154
071 D001200 14
072 A001200 6
072 B001200 14
072 C001200 5
072 D001200 0
072 E001200 0
072 F001200 26
072 G001200 15
072 H001200 0
072 I001200 4
072 J001200 12
072 K001200 0
072 L001200 2
072 M001200 2
072 N001200 5
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 7
072 S001200 1
072 T001200 7
072 U001200 3
072 V001200 0
072 W001200 2
072 X001200 86
072 Y001200 29
072 Z001200 -38
072AA001200 0
072BB001200 36
072CC011200 662
072CC021200 0
072DD011200 0
072DD021200 0
072EE001200 0
073 A011200 0.0000
073 A021200 0.0000
073 B001200 0.0000
073 C001200 0.0000
074 A001200 1
074 B001200 305
<PAGE> PAGE 13
074 C001200 0
074 D001200 0
074 E001200 0
074 F001200 6043
074 G001200 0
074 H001200 0
074 I001200 0
074 J001200 39
074 K001200 4
074 L001200 3
074 M001200 19
074 N001200 6414
074 O001200 0
074 P001200 6
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 11
074 S001200 0
074 T001200 6397
074 U011200 408
074 U021200 0
074 V011200 15.67
074 V021200 0.00
074 W001200 0.0000
074 X001200 61
074 Y001200 0
075 A001200 0
075 B001200 5706
076 001200 0.00
008 A001401 INSIGHTFUL MANAGEMENT CORP.
008 B001401 A
008 C001401 801-46565
008 D011401 GREAT NECK
008 D021401 NY
008 D031401 11021
011 A001401 NEWCOMB & COMPANY
011 B001401 8-999
011 C011401 BURLINGTON
011 C021401 MA
011 C031401 01803
013 A001401 TAIT, WELLER & BAKER
013 B011401 PHILADELPHIA
013 B021401 PA
013 B031401 19102
028 A011400 0
028 A021400 0
028 A031400 0
028 A041400 0
028 B011400 0
<PAGE> PAGE 14
028 B021400 0
028 B031400 0
028 B041400 0
028 C011400 0
028 C021400 0
028 C031400 0
028 C041400 0
028 D011400 0
028 D021400 0
028 D031400 0
028 D041400 0
028 E011400 0
028 E021400 0
028 E031400 0
028 E041400 0
028 F011400 0
028 F021400 0
028 F031400 0
028 F041400 2082
028 G011400 0
028 G021400 0
028 G031400 0
028 G041400 2082
028 H001400 0
029 001400 N
030 A001400 0
030 B001400 0.00
030 C001400 0.00
037 001400 N
038 001400 0
039 001400 N
040 001400 Y
041 001400 Y
042 A001400 0
042 B001400 0
042 C001400 100
042 D001400 0
042 E001400 0
042 F001400 0
042 G001400 0
042 H001400 0
043 001400 2
044 001400 0
045 001400 Y
046 001400 N
047 001400 Y
048 001400 1.250
048 A011400 0
048 A021400 0.000
048 B011400 0
048 B021400 0.000
<PAGE> PAGE 15
048 C011400 0
048 C021400 0.000
048 D011400 0
048 D021400 0.000
048 E011400 0
048 E021400 0.000
048 F011400 0
048 F021400 0.000
048 G011400 0
048 G021400 0.000
048 H011400 0
048 H021400 0.000
048 I011400 0
048 I021400 0.000
048 J011400 0
048 J021400 0.000
048 K011400 0
048 K021400 0.000
058 A001400 N
059 001400 Y
060 A001400 Y
060 B001400 Y
061 001400 10000
066 A001400 Y
066 B001400 N
066 C001400 N
066 D001400 Y
066 E001400 N
066 F001400 N
066 G001400 N
067 001400 N
068 A001400 N
068 B001400 N
069 001400 N
070 A011400 Y
070 A021400 Y
070 B011400 N
070 B021400 N
070 C011400 N
070 C021400 N
070 D011400 N
070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 N
070 F021400 N
070 G011400 N
070 G021400 N
070 H011400 N
070 H021400 N
070 I011400 N
<PAGE> PAGE 16
070 I021400 N
070 J011400 N
070 J021400 N
070 K011400 N
070 K021400 N
070 L011400 Y
070 L021400 Y
070 M011400 N
070 M021400 N
070 N011400 Y
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 N
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 Y
070 R021400 Y
071 A001400 530
071 B001400 2196
071 C001400 992
071 D001400 53
072 A001400 6
072 B001400 9
072 C001400 0
072 D001400 0
072 E001400 0
072 F001400 11
072 G001400 13
072 H001400 0
072 I001400 5
072 J001400 4
072 K001400 0
072 L001400 1
072 M001400 4
072 N001400 1
072 O001400 0
072 P001400 0
072 Q001400 4
072 R001400 1
072 S001400 5
072 T001400 2
072 U001400 0
072 V001400 0
072 W001400 1
072 X001400 51
072 Y001400 28
072 Z001400 -14
072AA001400 0
072BB001400 155
<PAGE> PAGE 17
072CC011400 0
072CC021400 356
072DD011400 0
072DD021400 0
072EE001400 0
073 A011400 0.0000
073 A021400 0.0000
073 B001400 0.0000
073 C001400 0.0000
074 A001400 0
074 B001400 0
074 C001400 0
074 D001400 0
074 E001400 0
074 F001400 0
074 G001400 0
074 H001400 0
074 I001400 0
074 J001400 0
074 K001400 16
074 L001400 0
074 M001400 0
074 N001400 16
074 O001400 0
074 P001400 0
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 8
074 S001400 0
074 T001400 8
074 U011400 1
074 U021400 0
074 V011400 10.00
074 V021400 0.00
074 W001400 0.0000
074 X001400 1
074 Y001400 0
075 A001400 0
075 B001400 1561
076 001400 0.00
SIGNATURE ERIC M. BANHAZL
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811030
<NAME> PMP
<SERIES>
<NUMBER> 11
<NAME> MATRIX GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 4127641
<INVESTMENTS-AT-VALUE> 11099850
<RECEIVABLES> 281011
<ASSETS-OTHER> 53532
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11434393
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 85030
<TOTAL-LIABILITIES> 85030
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3800604
<SHARES-COMMON-STOCK> 642964
<SHARES-COMMON-PRIOR> 800028
<ACCUMULATED-NII-CURRENT> (31561)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 608111
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6972209
<NET-ASSETS> 11349363
<DIVIDEND-INCOME> 69626
<INTEREST-INCOME> 8321
<OTHER-INCOME> 0
<EXPENSES-NET> 98368
<NET-INVESTMENT-INCOME> (20421)
<REALIZED-GAINS-CURRENT> 607704
<APPREC-INCREASE-CURRENT> 1107317
<NET-CHANGE-FROM-OPS> 1694600
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6998
<NUMBER-OF-SHARES-REDEEMED> 164062
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (157064)
<ACCUMULATED-NII-PRIOR> (11140)
<ACCUMULATED-GAINS-PRIOR> 407
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 50589
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 113286
<AVERAGE-NET-ASSETS> 11331200
<PER-SHARE-NAV-BEGIN> 15.09
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> 2.60
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.65
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811030
<NAME> PMP
<SERIES>
<NUMBER> 12
<NAME> MATRIX EMERGING GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 4271405
<INVESTMENTS-AT-VALUE> 6347666
<RECEIVABLES> 46321
<ASSETS-OTHER> 20014
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6414001
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17199
<TOTAL-LIABILITIES> 17199
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4556672
<SHARES-COMMON-STOCK> 408182
<SHARES-COMMON-PRIOR> 397480
<ACCUMULATED-NII-CURRENT> (121136)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (114995)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2076261
<NET-ASSETS> 6396802
<DIVIDEND-INCOME> 4639
<INTEREST-INCOME> 14354
<OTHER-INCOME> 0
<EXPENSES-NET> 56554
<NET-INVESTMENT-INCOME> (37561)
<REALIZED-GAINS-CURRENT> (36118)
<APPREC-INCREASE-CURRENT> 661811
<NET-CHANGE-FROM-OPS> 588132
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 27237
<NUMBER-OF-SHARES-REDEEMED> 16535
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 10702
<ACCUMULATED-NII-PRIOR> (83575)
<ACCUMULATED-GAINS-PRIOR> (78877)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 25449
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 86233
<AVERAGE-NET-ASSETS> 5706278
<PER-SHARE-NAV-BEGIN> 14.24
<PER-SHARE-NII> (0.09)
<PER-SHARE-GAIN-APPREC> 1.52
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.67
<EXPENSE-RATIO> 2.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811030
<NAME> PMP
<SERIES>
<NUMBER> 14
<NAME> INSIGHTFUL INVESTOR GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 15847
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15847
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 15847
<TOTAL-LIABILITIES> 15847
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 171068
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 7677
<DIVIDEND-INCOME> 312
<INTEREST-INCOME> 8823
<OTHER-INCOME> 131
<EXPENSES-NET> 23549
<NET-INVESTMENT-INCOME> (14283)
<REALIZED-GAINS-CURRENT> 155208
<APPREC-INCREASE-CURRENT> (356091)
<NET-CHANGE-FROM-OPS> (215166)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 171068
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (1867255)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (8989)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 10892
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 52012
<AVERAGE-NET-ASSETS> 1561010
<PER-SHARE-NAV-BEGIN> 12.17
<PER-SHARE-NII> (0.11)
<PER-SHARE-GAIN-APPREC> (1.37)
<PER-SHARE-DIVIDEND> (0.94)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.75
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>