PROFESSIONALLY MANAGED PORTFOLIOS
NSAR-A, 1999-04-29
Previous: DIVERSIFIED HISTORIC INVESTORS IV INCOME FUND, 10-K, 1999-04-29
Next: TOTAL RETURN U S TREASURY FUND INC, 497, 1999-04-29



<PAGE>      PAGE  1
000 A000000 02/28/99
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 6268521033
002 A000000 2020 EAST FINANCIAL WAY - SUITE 100
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 19
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 C020900 ACADEMY VALUE FUND
007 C030900 N
007 C011000 10
007 C021000 TRENT EQUITY FUND
007 C031000 N
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 C021800 LIGHTHOUSE CONTRARIAN FUND
007 C031800 N
007 C011900 19
007 C012000 20
010 A00AA01 INVESTMENT COMPANY ADMINISTRATION, L.L.C.
010 C01AA01 GLENDORA
010 C02AA01 CA
<PAGE>      PAGE  2
010 C03AA01 91741
011 A00AA01 FIRST FUND DISTRIBUTORS, INC.
011 B00AA01 8-42809
011 C01AA01 PHOENIX
011 C02AA01 AZ
011 C03AA01 85018
012 A00AA01 AMERICAN DATA SERVICES, INC.
012 B00AA01 84-1964
012 C01AA01 HAUPPAUGE
012 C02AA01 NY
012 C03AA01 11788
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 CHARLES SCHWAB
020 B000001 94-1737782
020 C000001     42
020 A000002 CANTOR FITZGERALD
020 B000002 95-1786286
020 C000002      9
020 A000003 MORGAN KEEGAN
020 C000003      5
020 A000004 JEFFRIES & COMPANY
020 B000004 95-2622900
020 C000004      4
020 A000005 ALEX BROWN
020 B000005 52-0256630
020 C000005      2
020 A000006 MERRILL LYNCH
020 B000006 13-5674085
020 C000006      2
020 A000007 LEHMAN BROTHERS
020 B000007 13-2518466
020 C000007      2
020 A000008 JC BRADFORD
020 C000008      1
020 A000009 PETRIE PARKMAN
020 C000009      1
020 A000010 SANDERS MORRIS & MUNDY
020 C000010      1
021  000000       70
022 A000001 CANTOR FITZGERALD
022 B000001 95-1786286
022 C000001         0
022 D000001       844
<PAGE>      PAGE  3
022 A000002 SHERWOOD SECURITIES
022 C000002         0
022 D000002       344
022 A000003 JEFFRIES & CO
022 B000003 95-2622900
022 C000003       191
022 D000003       142
022 A000004 ALEX BROWN & SONS
022 B000004 52-0256630
022 C000004       165
022 D000004       105
022 A000005 DLJ
022 B000005 13-2741729
022 C000005         0
022 D000005       245
022 A000006 STEPHENS, INC.
022 C000006         0
022 D000006        76
022 A000007 CHARLES SCHWAB
022 B000007 94-1737782
022 C000007         0
022 D000007        67
022 A000008 SANDERS MORRIS & MUNDY
022 C000008         0
022 D000008        45
022 C000009         0
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000        356
023 D000000       1868
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
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
<PAGE>      PAGE  4
039  00AA00 N
040  00AA00 Y
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 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 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 Y
<PAGE>      PAGE  5
081 B00AA00  17
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 A000901 ACADEMY CAPITAL MANAGEMENT, INC.
008 B000901 A
008 C000901 801-27836
008 D010901 WACO
008 D020901 TX
008 D030901 76710
013 A000901 ERNST & YOUNG LLP
013 B010901 LOS ANGELES
013 B020901 CA
013 B030901 90071
028 A010900       405
028 A020900         0
028 A030900         0
028 A040900       159
028 B010900       100
028 B020900         0
028 B030900         0
028 B040900       508
028 C010900        17
028 C020900         0
028 C030900         0
028 C040900       109
028 D010900        99
028 D020900       664
028 D030900         0
028 D040900        52
028 E010900        28
028 E020900         0
028 E030900         0
028 E040900       214
028 F010900         5
028 F020900         0
028 F030900         0
028 F040900       118
028 G010900       654
028 G020900       664
028 G030900         0
028 G040900      1160
028 H000900         0
042 A000900   2
042 B000900   0
042 C000900   0
<PAGE>      PAGE  6
042 D000900   0
042 E000900   0
042 F000900   0
042 G000900   0
042 H000900  98
043  000900      7
044  000900      0
045  000900 Y
046  000900 N
047  000900 Y
048  000900  1.000
048 A010900        0
048 A020900 0.000
048 B010900        0
048 B020900 0.000
048 C010900        0
048 C020900 0.000
048 D010900        0
048 D020900 0.000
048 E010900        0
048 E020900 0.000
048 F010900        0
048 F020900 0.000
048 G010900        0
048 G020900 0.000
048 H010900        0
048 H020900 0.000
048 I010900        0
048 I020900 0.000
048 J010900        0
048 J020900 0.000
048 K010900        0
048 K020900 0.000
058 A000900 N
059  000900 Y
060 A000900 Y
060 B000900 Y
061  000900     1000
066 A000900 Y
066 B000900 N
066 C000900 N
066 D000900 Y
066 E000900 N
066 F000900 N
066 G000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 Y
<PAGE>      PAGE  7
070 B010900 Y
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 N
070 M010900 N
070 M020900 N
070 N010900 N
070 N020900 N
070 O010900 N
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 Y
070 Q020900 N
070 R010900 Y
070 R020900 N
071 A000900      3963
071 B000900      3789
071 C000900      3875
071 D000900   98
072 A000900  6
072 B000900       79
072 C000900       19
072 D000900        0
072 E000900        1
072 F000900       27
072 G000900       15
072 H000900        0
072 I000900        7
072 J000900        4
072 K000900        0
072 L000900        2
072 M000900        2
<PAGE>      PAGE  8
072 N000900        3
072 O000900        0
072 P000900        0
072 Q000900        9
072 R000900        8
072 S000900        3
072 T000900        7
072 U000900        0
072 V000900        0
072 W000900        1
072 X000900       88
072 Y000900       35
072 Z000900       46
072AA000900        0
072BB000900      550
072CC010900        0
072CC020900      995
072DD010900       31
072DD020900        0
072EE000900      633
073 A010900   0.0600
073 A020900   0.0000
073 B000900   1.2200
073 C000900   0.0000
074 A000900        0
074 B000900      218
074 C000900        0
074 D000900     3537
074 E000900        0
074 F000900      944
074 G000900        0
074 H000900        0
074 I000900        0
074 J000900      183
074 K000900        3
074 L000900       38
074 M000900        2
074 N000900     4925
074 O000900        0
074 P000900        0
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900       25
074 S000900        0
074 T000900     4900
074 U010900      569
074 U020900        0
074 V010900     8.62
074 V020900     0.00
<PAGE>      PAGE  9
074 W000900   0.0000
074 X000900      197
074 Y000900        0
075 A000900        0
075 B000900     5351
076  000900     0.00
008 A001001 TRENT CAPITAL MANAGEMENT, INC.
008 B001001 A
008 C001001 801-34570
008 D011001 GREENSBORO
008 D021001 NC
008 D031001 27455
013 A001001 TAIT, WELLER & BAKER
013 B011001 PHILADELPHIA
013 B021001 PA
013 B031001 19102
028 A011000        58
028 A021000         0
028 A031000         0
028 A041000        25
028 B011000        15
028 B021000         0
028 B031000         0
028 B041000        21
028 C011000        14
028 C021000         0
028 C031000         0
028 C041000         4
028 D011000         3
028 D021000       693
028 D031000         0
028 D041000        44
028 E011000        40
028 E021000         0
028 E031000         0
028 E041000         2
028 F011000        87
028 F021000         0
028 F031000         0
028 F041000        52
028 G011000       217
028 G021000       693
028 G031000         0
028 G041000       148
028 H001000         0
042 A001000   0
042 B001000   0
042 C001000   0
042 D001000   0
042 E001000   0
042 F001000   0
<PAGE>      PAGE  10
042 G001000   0
042 H001000   0
043  001000      0
044  001000      0
045  001000 Y
046  001000 N
047  001000 Y
048  001000  1.150
048 A011000        0
048 A021000 0.000
048 B011000        0
048 B021000 0.000
048 C011000        0
048 C021000 0.000
048 D011000        0
048 D021000 0.000
048 E011000        0
048 E021000 0.000
048 F011000        0
048 F021000 0.000
048 G011000        0
048 G021000 0.000
048 H011000        0
048 H021000 0.000
048 I011000        0
048 I021000 0.000
048 J011000        0
048 J021000 0.000
048 K011000        0
048 K021000 0.000
058 A001000 N
059  001000 Y
060 A001000 Y
060 B001000 Y
061  001000     1000
066 A001000 Y
066 B001000 N
066 C001000 Y
066 D001000 N
066 E001000 N
066 F001000 N
066 G001000 N
067  001000 N
068 A001000 N
068 B001000 N
069  001000 N
070 A011000 Y
070 A021000 Y
070 B011000 N
070 B021000 N
070 C011000 N
<PAGE>      PAGE  11
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 N
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 Y
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 N
070 N021000 N
070 O011000 N
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000      1187
071 B001000      1113
071 C001000      3784
071 D001000   29
072 A001000  6
072 B001000        1
072 C001000       16
072 D001000        0
072 E001000        0
072 F001000       22
072 G001000       15
072 H001000        0
072 I001000        6
072 J001000        3
072 K001000        0
072 L001000        2
072 M001000        2
072 N001000        2
072 O001000        0
072 P001000        0
<PAGE>      PAGE  12
072 Q001000        8
072 R001000        7
072 S001000        2
072 T001000        0
072 U001000        0
072 V001000        0
072 W001000        1
072 X001000       70
072 Y001000       32
072 Z001000      -21
072AA001000      465
072BB001000        0
072CC011000      727
072CC021000        0
072DD011000        0
072DD021000        0
072EE001000      725
073 A011000   0.0000
073 A021000   0.0000
073 B001000   2.7100
073 C001000   0.0000
074 A001000        0
074 B001000        0
074 C001000        0
074 D001000        0
074 E001000        0
074 F001000     4212
074 G001000        0
074 H001000        0
074 I001000        0
074 J001000        0
074 K001000        0
074 L001000       11
074 M001000        0
074 N001000     4223
074 O001000        0
074 P001000        1
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000       43
074 S001000        0
074 T001000     4179
074 U011000      331
074 U021000        0
074 V011000    12.63
074 V021000     0.00
074 W001000   0.0000
074 X001000      145
074 Y001000        0
<PAGE>      PAGE  13
075 A001000        0
075 B001000     3827
076  001000     0.00
008 A001801 LIGHTHOUSE CAPITAL MANAGEMENT, INC.
008 B001801 A
008 C001801 801-32168
008 D011801 HOUSTON
008 D021801 TX
008 D031801 77024
013 A001801 ERNST & YOUNG LLP
013 B011801 LOS ANGELES
013 B021801 CA
013 B031801 90071
028 A011800        65
028 A021800         0
028 A031800         0
028 A041800       471
028 B011800        62
028 B021800         0
028 B031800         0
028 B041800       186
028 C011800        45
028 C021800         0
028 C031800         0
028 C041800       730
028 D011800       371
028 D021800        16
028 D031800         0
028 D041800      3247
028 E011800       159
028 E021800         0
028 E031800         0
028 E041800      1483
028 F011800        22
028 F021800         0
028 F031800         0
028 F041800       683
028 G011800       724
028 G021800        16
028 G031800         0
028 G041800      6800
028 H001800         0
042 A001800   5
042 B001800   0
042 C001800   0
042 D001800  38
042 E001800   0
042 F001800   0
042 G001800   0
042 H001800  57
043  001800     24
<PAGE>      PAGE  14
044  001800      0
045  001800 Y
046  001800 N
047  001800 Y
048  001800  1.250
048 A011800        0
048 A021800 0.000
048 B011800        0
048 B021800 0.000
048 C011800        0
048 C021800 0.000
048 D011800        0
048 D021800 0.000
048 E011800        0
048 E021800 0.000
048 F011800        0
048 F021800 0.000
048 G011800        0
048 G021800 0.000
048 H011800        0
048 H021800 0.000
048 I011800        0
048 I021800 0.000
048 J011800        0
048 J021800 0.000
048 K011800        0
048 K021800 0.000
058 A001800 N
059  001800 Y
060 A001800 Y
060 B001800 Y
061  001800     2000
066 A001800 Y
066 B001800 N
066 C001800 N
066 D001800 Y
066 E001800 N
066 F001800 N
066 G001800 N
067  001800 N
068 A001800 N
068 B001800 N
069  001800 N
070 A011800 Y
070 A021800 Y
070 B011800 Y
070 B021800 Y
070 C011800 N
070 C021800 N
070 D011800 Y
070 D021800 Y
<PAGE>      PAGE  15
070 E011800 N
070 E021800 N
070 F011800 N
070 F021800 N
070 G011800 N
070 G021800 N
070 H011800 N
070 H021800 N
070 I011800 N
070 I021800 N
070 J011800 N
070 J021800 N
070 K011800 Y
070 K021800 N
070 L011800 Y
070 L021800 N
070 M011800 N
070 M021800 N
070 N011800 Y
070 N021800 N
070 O011800 Y
070 O021800 N
070 P011800 N
070 P021800 N
070 Q011800 N
070 Q021800 N
070 R011800 Y
070 R021800 N
071 A001800     13795
071 B001800     10940
071 C001800     17751
071 D001800   62
072 A001800  6
072 B001800      169
072 C001800       62
072 D001800        0
072 E001800        0
072 F001800      120
072 G001800       15
072 H001800        0
072 I001800        8
072 J001800        6
072 K001800        0
072 L001800        4
072 M001800        3
072 N001800       12
072 O001800        0
072 P001800        0
072 Q001800       12
072 R001800        8
072 S001800        3
<PAGE>      PAGE  16
072 T001800       24
072 U001800        3
072 V001800        0
072 W001800       22
072 X001800      240
072 Y001800       31
072 Z001800       22
072AA001800        0
072BB001800     4415
072CC011800        0
072CC021800      830
072DD011800       17
072DD021800        0
072EE001800        0
073 A011800   0.0100
073 A021800   0.0000
073 B001800   0.0000
073 C001800   0.0000
074 A001800        0
074 B001800     1107
074 C001800        0
074 D001800        0
074 E001800        0
074 F001800    11760
074 G001800     1485
074 H001800        0
074 I001800        0
074 J001800       13
074 K001800        0
074 L001800        5
074 M001800       46
074 N001800    14416
074 O001800       93
074 P001800        7
074 Q001800        0
074 R011800        0
074 R021800        0
074 R031800        0
074 R041800       64
074 S001800        0
074 T001800    14252
074 U011800     1427
074 U021800        0
074 V011800     9.98
074 V021800     0.00
074 W001800   0.0000
074 X001800      306
074 Y001800        0
075 A001800        0
075 B001800    19272
076  001800     0.00
<PAGE>      PAGE  17
SIGNATURE   ROBERT M SLOTKY                              
TITLE       ASST TREASURER      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 9
   <NAME> ACADEMY VALUE FUND
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-START>                             SEP-01-1998
<PERIOD-END>                               FEB-28-1999
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                          5694088
<INVESTMENTS-AT-VALUE>                         4698788
<RECEIVABLES>                                   223493
<ASSETS-OTHER>                                    2101
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 4924382
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        24538
<TOTAL-LIABILITIES>                              24538
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       6416098
<SHARES-COMMON-STOCK>                           568576
<SHARES-COMMON-PRIOR>                           547419
<ACCUMULATED-NII-CURRENT>                        28980
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (549934)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (995300)
<NET-ASSETS>                                   4899844
<DIVIDEND-INCOME>                                19300
<INTEREST-INCOME>                                78932
<OTHER-INCOME>                                     626
<EXPENSES-NET>                                   53100
<NET-INVESTMENT-INCOME>                          45758
<REALIZED-GAINS-CURRENT>                      (550172)
<APPREC-INCREASE-CURRENT>                       423130
<NET-CHANGE-FROM-OPS>                          (81284)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        31135
<DISTRIBUTIONS-OF-GAINS>                        633088
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          64607
<NUMBER-OF-SHARES-REDEEMED>                     120150
<SHARES-REINVESTED>                              76700
<NET-CHANGE-IN-ASSETS>                          586876
<ACCUMULATED-NII-PRIOR>                          14357
<ACCUMULATED-GAINS-PRIOR>                       633326
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            26550
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  88332
<AVERAGE-NET-ASSETS>                           5350645
<PER-SHARE-NAV-BEGIN>                            10.02
<PER-SHARE-NII>                                   0.08
<PER-SHARE-GAIN-APPREC>                         (0.20)
<PER-SHARE-DIVIDEND>                            (0.06)
<PER-SHARE-DISTRIBUTIONS>                       (1.22)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.62
<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> 18
   <NAME> LIGHTHOUSE CONTRARIAN FUND
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-START>                             SEP-01-1998
<PERIOD-END>                               FEB-28-1999
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                         15182622
<INVESTMENTS-AT-VALUE>                        14352463
<RECEIVABLES>                                    17991
<ASSETS-OTHER>                                   45660
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                14416114
<PAYABLE-FOR-SECURITIES>                         93070
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        71325
<TOTAL-LIABILITIES>                             164395
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      21473464
<SHARES-COMMON-STOCK>                          1427468
<SHARES-COMMON-PRIOR>                          2003127
<ACCUMULATED-NII-CURRENT>                      (34092)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (6357493)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (830159)
<NET-ASSETS>                                  14251719
<DIVIDEND-INCOME>                                61919
<INTEREST-INCOME>                               168977
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  208754
<NET-INVESTMENT-INCOME>                          22142
<REALIZED-GAINS-CURRENT>                     (4414573)
<APPREC-INCREASE-CURRENT>                      2977251
<NET-CHANGE-FROM-OPS>                        (1415180)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        16726
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          67586
<NUMBER-OF-SHARES-REDEEMED>                     644834
<SHARES-REINVESTED>                               1589
<NET-CHANGE-IN-ASSETS>                         7491472
<ACCUMULATED-NII-PRIOR>                        (39508)
<ACCUMULATED-GAINS-PRIOR>                    (1942920)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           119716
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 222793
<AVERAGE-NET-ASSETS>                          19271681
<PER-SHARE-NAV-BEGIN>                            10.85
<PER-SHARE-NII>                                   0.01
<PER-SHARE-GAIN-APPREC>                         (0.87)
<PER-SHARE-DIVIDEND>                            (0.01)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.98
<EXPENSE-RATIO>                                   2.18
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811030
<NAME> PROFESSIONALLY MANAGED PORTFOLIOS
<SERIES>
   <NUMBER> 10
   <NAME> TRENT EQUITY FUND
<MULTIPLIER> 1
<CURRENCY> US DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1999
<PERIOD-START>                             SEP-01-1998
<PERIOD-END>                               FEB-28-1999
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                          3485146
<INVESTMENTS-AT-VALUE>                         4212134
<RECEIVABLES>                                    10623
<ASSETS-OTHER>                                      18
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 4222775
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        43867
<TOTAL-LIABILITIES>                              43867
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       3262830
<SHARES-COMMON-STOCK>                           330786
<SHARES-COMMON-PRIOR>                           265590
<ACCUMULATED-NII-CURRENT>                      (20934)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         210024
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        726988
<NET-ASSETS>                                   4178908
<DIVIDEND-INCOME>                                16548
<INTEREST-INCOME>                                  424
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   37906
<NET-INVESTMENT-INCOME>                        (20934)
<REALIZED-GAINS-CURRENT>                        464957
<APPREC-INCREASE-CURRENT>                       450224
<NET-CHANGE-FROM-OPS>                           894247
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                        725130
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          16590
<NUMBER-OF-SHARES-REDEEMED>                      11556
<SHARES-REINVESTED>                              60162
<NET-CHANGE-IN-ASSETS>                        (931339)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       470197
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            21796
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  70154
<AVERAGE-NET-ASSETS>                           3827205
<PER-SHARE-NAV-BEGIN>                            12.23
<PER-SHARE-NII>                                 (0.06)
<PER-SHARE-GAIN-APPREC>                           3.17
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (2.71)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.63
<EXPENSE-RATIO>                                   2.00
<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