PROFESSIONALLY MANAGED PORTFOLIOS
NSAR-A, 1998-08-31
Previous: BEA INCOME FUND INC, NT-NSAR, 1998-08-31
Next: FIRST CAROLINA INVESTORS INC, N-30D, 1998-08-31



<PAGE>      PAGE  1
000 A000000 06/30/98
000 C000000 0000811030
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 6268521033
002 A000000 2020 E. FINANCIAL WAY
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 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C022200 PGP KOREA GROWTH FUND
007 C032200 N
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 COMDANY ADMINISTRATION CORPORATION
010 C01AA01 GLENDORA
010 C02AA01 CA
010 C03AA01 91741
013 A00AA01 TAIT WELLER & BAKER
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
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 SSAYONG SECURITIES AMERICA, INC.
020 B000001 13-3702324
020 C000001     12
020 A000002 ING BARING FURMAN SELZ, LLC
020 C000002      8
020 A000003 DAEWOO SECURITIES (AMERICA), INC.
020 B000003 13-3674844
020 C000003      4
020 A000004 DONGWON SECURITIES COMPANY, LTD.
020 C000004      3
020 A000005 ROBERT FLEMING INC.
020 B000005 13-3298866
020 C000005      2
020 A000006 CREDIT SUISSE FIRST BOSTON CORP.
020 B000006 13-5659485
020 C000006      1
020 A000007 CREDIT LYONNAIS SECURITIES (USA), INC.
020 B000007 13-2602298
020 C000007      1
020 A000008 SMITH BARNEY, INC.
020 B000008 13-1912900
020 C000008      1
020 A000009 WESTMINSTER SECURITIES CORP.
020 B000009 13-2697772
020 C000009      1
020 A000010 ABN AMRO ASIA LTD.
020 B000010 13-3781330
<PAGE>      PAGE  3
020 C000010      1
021  000000       35
022 A000001 MORGAN STANLEY & COMPANY, INC.
022 B000001 13-2655998
022 C000001       170
022 D000001       222
022 A000002 ALEX BROWN & SONS INC.
022 B000002 52-0256630
022 C000002       337
022 D000002        45
022 A000003 DONALDSON LUFKIN JENRETTE SECURITIES CORP.
022 B000003 13-2741729
022 C000003       204
022 D000003       142
022 A000004 J.C. BRADFORD
022 B000004 31-1078377
022 C000004       224
022 D000004         0
022 A000005 COWEN & COMPANY
022 B000005 13-5616116
022 C000005         0
022 D000005       109
022 A000006 BEAR STEARNS SECURITIES CORP.
022 B000006 13-3299429
022 C000006        96
022 D000006         0
022 A000007 MORGAN KEEGAN & COMPANY
022 C000007         0
022 D000007        85
022 A000008 SMITH BARNEY
022 B000008 13-1912900
022 C000008        26
022 D000008        44
022 A000009 EQUITABLE SECURITIES CORP.
022 B000009 62-0871146
022 C000009         0
022 D000009        32
022 C000010         0
022 D000010         0
023 C000000       1057
023 D000000        679
024  00AA00 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
<PAGE>      PAGE  4
027  000000 Y
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 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
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
<PAGE>      PAGE  5
081 A00AA00 N
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
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
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
012 A001101 AMERICAN DATA SERVICES, INC.
012 B001101 84-1964
012 C011101 HAUPPAUGE
012 C021101 NY
012 C031101 11788
028 A011100        45
028 A021100         0
028 A031100         0
028 A041100       121
028 B011100        45
028 B021100         0
028 B031100         0
028 B041100        38
028 C011100       110
028 C021100         0
028 C031100         0
028 C041100        50
028 D011100        35
<PAGE>      PAGE  6
028 D021100         0
028 D031100         0
028 D041100       202
028 E011100        28
028 E021100         0
028 E031100         0
028 E041100        97
028 F011100        13
028 F021100         0
028 F031100         0
028 F041100        45
028 G011100       276
028 G021100         0
028 G031100         0
028 G041100       553
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   0
042 D001100 100
042 E001100   0
042 F001100   0
042 G001100   0
042 H001100   0
043  001100      9
044  001100      0
045  001100 Y
046  001100 N
047  001100 Y
048  001100  0.000
048 A011100    50000
048 A021100 0.900
048 B011100    50000
048 B021100 0.700
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
<PAGE>      PAGE  7
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   100000
048 K021100 0.600
058 A001100 N
059  001100 Y
060 A001100 Y
060 B001100 Y
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 Y
070 K021100 N
070 L011100 Y
070 L021100 N
070 M011100 N
<PAGE>      PAGE  8
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         0
071 C001100     13517
071 D001100    0
072 A001100  6
072 B001100       15
072 C001100       70
072 D001100        0
072 E001100        0
072 F001100       60
072 G001100       15
072 H001100        0
072 I001100        0
072 J001100        4
072 K001100        0
072 L001100        2
072 M001100        2
072 N001100        3
072 O001100        0
072 P001100        0
072 Q001100        0
072 R001100        7
072 S001100        2
072 T001100       17
072 U001100        2
072 V001100        0
072 W001100       21
072 X001100      133
072 Y001100       16
072 Z001100      -33
072AA001100        0
072BB001100        0
072CC011100     1933
072CC021100        0
072DD011100        0
072DD021100        0
072EE001100        0
073 A011100   0.0000
073 A021100   0.0000
073 B001100   0.0000
<PAGE>      PAGE  9
073 C001100   0.0000
074 A001100        0
074 B001100      456
074 C001100        0
074 D001100        0
074 E001100        0
074 F001100    13745
074 G001100        0
074 H001100        0
074 I001100        0
074 J001100        0
074 K001100        0
074 L001100       14
074 M001100        8
074 N001100    14223
074 O001100        0
074 P001100       11
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100       17
074 S001100        0
074 T001100    14195
074 U011100      661
074 U021100        0
074 V011100    21.48
074 V021100     0.00
074 W001100   0.0000
074 X001100      477
074 Y001100        0
075 A001100        0
075 B001100     3517
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
012 A001201 AMERICAN DATA SERVICES, INC.
012 B001201 84-1964
012 C011201 HAUPPAUGE
012 C021201 NY
012 C031201 11788
028 A011200       113
<PAGE>      PAGE  10
028 A021200         0
028 A031200         0
028 A041200         1
028 B011200       132
028 B021200         0
028 B031200         0
028 B041200         0
028 C011200        22
028 C021200         0
028 C031200         0
028 C041200        47
028 D011200       316
028 D021200         0
028 D031200         0
028 D041200        42
028 E011200        20
028 E021200         0
028 E031200         0
028 E041200       152
028 F011200        30
028 F021200         0
028 F031200         0
028 F041200       105
028 G011200       633
028 G021200         0
028 G031200         0
028 G041200       347
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   0
042 D001200 100
042 E001200   0
042 F001200   0
042 G001200   0
042 H001200   0
043  001200      5
044  001200      0
045  001200 Y
046  001200 N
047  001200 Y
048  001200  0.000
<PAGE>      PAGE  11
048 A011200    50000
048 A021200 0.900
048 B011200    50000
048 B021200 0.700
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
048 H021200 0.000
048 I011200        0
048 I021200 0.000
048 J011200        0
048 J021200 0.000
048 K011200   100000
048 K021200 0.600
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 Y
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 N
070 F021200 N
070 G011200 N
<PAGE>      PAGE  12
070 G021200 N
070 H011200 N
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 N
070 L011200 Y
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 N
070 N021200 N
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      1192
071 B001200      1088
071 C001200      7883
071 D001200   18
072 A001200  6
072 B001200       12
072 C001200        4
072 D001200        0
072 E001200        0
072 F001200       35
072 G001200       15
072 H001200        0
072 I001200        0
072 J001200        4
072 K001200        0
072 L001200        1
072 M001200        2
072 N001200        4
072 O001200        0
072 P001200        0
072 Q001200        0
072 R001200        7
072 S001200        2
072 T001200       10
072 U001200        3
072 V001200        0
072 W001200       15
072 X001200       99
<PAGE>      PAGE  13
072 Y001200       21
072 Z001200      -62
072AA001200       60
072BB001200        0
072CC011200      681
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      428
074 C001200        0
074 D001200        0
074 E001200        0
074 F001200     7510
074 G001200        0
074 H001200        0
074 I001200        0
074 J001200        0
074 K001200        0
074 L001200        1
074 M001200       11
074 N001200     7951
074 O001200        0
074 P001200        4
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200       12
074 S001200        0
074 T001200     7935
074 U011200      442
074 U021200        0
074 V011200    17.95
074 V021200     0.00
074 W001200   0.0000
074 X001200       88
074 Y001200        0
075 A001200        0
075 B001200     7880
076  001200     0.00
008 A002201 PACIFIC GEMINI PARTNERS, LLC.
008 B002201 A
008 C002201 801-50007
008 D012201 LOS ANGELES
008 D022201 CA
<PAGE>      PAGE  14
008 D032201 90071
011 A002201 FIRST FUND DISTRIBUTORS, INC.
011 B002201 8-42809
011 C012201 PHOENIX
011 C022201 AZ
011 C032201 85018
012 A002201 COUNTRYWIDE FUND SERVICES
012 B002201 84-0000
012 C012201 CINCINNATI
012 C022201 OH
012 C032201 45201
028 A012200         0
028 A022200         0
028 A032200         0
028 A042200         0
028 B012200      5595
028 B022200         0
028 B032200         0
028 B042200         0
028 C012200      2752
028 C022200         0
028 C032200         0
028 C042200         0
028 D012200        10
028 D022200         0
028 D032200         0
028 D042200         0
028 E012200        40
028 E022200         0
028 E032200         0
028 E042200         0
028 F012200        36
028 F022200         0
028 F032200         0
028 F042200      1815
028 G012200      8433
028 G022200         0
028 G032200         0
028 G042200      1815
028 H002200         0
029  002200 N
030 A002200      0
030 B002200  0.00
030 C002200  0.00
037  002200 Y
038  002200      0
039  002200 N
040  002200 Y
041  002200 Y
042 A002200  62
042 B002200  19
<PAGE>      PAGE  15
042 C002200   0
042 D002200   0
042 E002200   0
042 F002200   0
042 G002200  19
042 H002200   0
043  002200     12
044  002200      0
045  002200 Y
046  002200 N
047  002200 Y
048  002200  1.250
048 A012200        0
048 A022200 0.000
048 B012200        0
048 B022200 0.000
048 C012200        0
048 C022200 0.000
048 D012200        0
048 D022200 0.000
048 E012200        0
048 E022200 0.000
048 F012200        0
048 F022200 0.000
048 G012200        0
048 G022200 0.000
048 H012200        0
048 H022200 0.000
048 I012200        0
048 I022200 0.000
048 J012200        0
048 J022200 0.000
048 K012200        0
048 K022200 0.000
058 A002200 N
059  002200 Y
060 A002200 N
060 B002200 N
061  002200    10000
066 A002200 Y
066 B002200 N
066 C002200 N
066 D002200 Y
066 E002200 N
066 F002200 N
066 G002200 N
067  002200 N
068 A002200 N
068 B002200 N
069  002200 N
070 A012200 Y
<PAGE>      PAGE  16
070 A022200 Y
070 B012200 Y
070 B022200 N
070 C012200 Y
070 C022200 N
070 D012200 Y
070 D022200 N
070 E012200 Y
070 E022200 N
070 F012200 Y
070 F022200 N
070 G012200 Y
070 G022200 N
070 H012200 Y
070 H022200 N
070 I012200 N
070 I022200 N
070 J012200 Y
070 J022200 N
070 K012200 Y
070 K022200 N
070 L012200 Y
070 L022200 Y
070 M012200 Y
070 M022200 Y
070 N012200 N
070 N022200 N
070 O012200 N
070 O022200 N
070 P012200 Y
070 P022200 N
070 Q012200 N
070 Q022200 N
070 R012200 Y
070 R022200 N
071 A002200       983
071 B002200      5471
071 C002200      7313
071 D002200   13
072 A002200  5
072 B002200       72
072 C002200        0
072 D002200        0
072 E002200        0
072 F002200       35
072 G002200       12
072 H002200        0
072 I002200        0
072 J002200        8
072 K002200        0
072 L002200        2
<PAGE>      PAGE  17
072 M002200        0
072 N002200        2
072 O002200        0
072 P002200        0
072 Q002200        0
072 R002200        5
072 S002200        3
072 T002200       18
072 U002200        4
072 V002200        0
072 W002200       21
072 X002200      109
072 Y002200       29
072 Z002200       -7
072AA002200       77
072BB002200        0
072CC012200        0
072CC022200     1292
072DD012200        0
072DD022200        0
072EE002200        0
073 A012200   0.0000
073 A022200   0.0000
073 B002200   0.0000
073 C002200   0.0000
074 A002200        0
074 B002200     1446
074 C002200        0
074 D002200        0
074 E002200        0
074 F002200     3779
074 G002200        0
074 H002200        0
074 I002200        0
074 J002200        0
074 K002200        0
074 L002200        0
074 M002200      239
074 N002200     5464
074 O002200        0
074 P002200       31
074 Q002200        0
074 R012200        0
074 R022200        0
074 R032200        0
074 R042200       38
074 S002200        0
074 T002200     5395
074 U012200      630
074 U022200        0
074 V012200     8.56
<PAGE>      PAGE  18
074 V022200     0.00
074 W002200   0.0000
074 X002200       26
074 Y002200        0
075 A002200        0
075 B002200     7313
076  002200     0.00
SIGNATURE   ERIC M. BANHAZL                              
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 12
   <NAME> MATRIX EMERGING GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                              JAN-1-1998
<PERIOD-END>                               JUN-30-1998
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                          5037060
<INVESTMENTS-AT-VALUE>                         7937669
<RECEIVABLES>                                     1199
<ASSETS-OTHER>                                   11885
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 7950753
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        22096
<TOTAL-LIABILITIES>                              22096
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       4951954
<SHARES-COMMON-STOCK>                           441632
<SHARES-COMMON-PRIOR>                           426452
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          76094
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       2900609
<NET-ASSETS>                                   7928657
<DIVIDEND-INCOME>                                 3918
<INTEREST-INCOME>                                12283
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   78260
<NET-INVESTMENT-INCOME>                        (62059)
<REALIZED-GAINS-CURRENT>                         59995
<APPREC-INCREASE-CURRENT>                       681166
<NET-CHANGE-FROM-OPS>                           679102
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          34470
<NUMBER-OF-SHARES-REDEEMED>                      19290
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          963947
<ACCUMULATED-NII-PRIOR>                       (178932)
<ACCUMULATED-GAINS-PRIOR>                        16099
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            35160
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  99221
<AVERAGE-NET-ASSETS>                           7883499
<PER-SHARE-NAV-BEGIN>                            16.33
<PER-SHARE-NII>                                 (0.14)
<PER-SHARE-GAIN-APPREC>                           1.76
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.95
<EXPENSE-RATIO>                                   2.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 11
   <NAME> MATRIX GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                              JAN-1-1998
<PERIOD-END>                               JUN-30-1998
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                          4298656
<INVESTMENTS-AT-VALUE>                        14200580
<RECEIVABLES>                                    13775
<ASSETS-OTHER>                                     639
<OTHER-ITEMS-ASSETS>                              7753
<TOTAL-ASSETS>                                14222747
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        31659
<TOTAL-LIABILITIES>                              31659
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       4030844
<SHARES-COMMON-STOCK>                           660701
<SHARES-COMMON-PRIOR>                           674212
<ACCUMULATED-NII-CURRENT>                            0 
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         258320
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       9901924
<NET-ASSETS>                                  14191088
<DIVIDEND-INCOME>                                69536
<INTEREST-INCOME>                                15168
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  117222
<NET-INVESTMENT-INCOME>                        (32518)
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                      1932605
<NET-CHANGE-FROM-OPS>                          1900087
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          13819
<NUMBER-OF-SHARES-REDEEMED>                    (27330)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         1622938
<ACCUMULATED-NII-PRIOR>                        (50260)
<ACCUMULATED-GAINS-PRIOR>                       258320
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            60286
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 132992
<AVERAGE-NET-ASSETS>                          13516795
<PER-SHARE-NAV-BEGIN>                            18.64
<PER-SHARE-NII>                                 (0.05)
<PER-SHARE-GAIN-APPREC>                           2.89
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.48
<EXPENSE-RATIO>                                   1.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 22
   <NAME> PACIFIC GEMINI PARTNERS KOREA GROWTH FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                              FEB-9-1998
<PERIOD-END>                               JUN-30-1998
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                          6521576
<INVESTMENTS-AT-VALUE>                         5224802
<RECEIVABLES>                                    29699
<ASSETS-OTHER>                                  209940
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 5464441
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        69144
<TOTAL-LIABILITIES>                              69144
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       6611097
<SHARES-COMMON-STOCK>                           630054
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          76534
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (1292334)
<NET-ASSETS>                                   5395297
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                72287
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   79241
<NET-INVESTMENT-INCOME>                         (6954)
<REALIZED-GAINS-CURRENT>                         76534
<APPREC-INCREASE-CURRENT>                    (1292334)
<NET-CHANGE-FROM-OPS>                        (1222754)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         827594
<NUMBER-OF-SHARES-REDEEMED>                     197540
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         5395297
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            35379
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 108731
<AVERAGE-NET-ASSETS>                           7313018
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                         (1.43)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.56
<EXPENSE-RATIO>                                   2.80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission