HIGHMARK FUNDS /MA/
NSAR-A, 1999-04-01
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<PAGE>      PAGE  1
000 A000000 01/31/99
000 C000000 0000811527
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 HIGHMARK FUNDS
001 B000000 811-5059
001 C000000 8004336884
002 A000000 530 E SWEDESFORD RD
002 B000000 WAYNE
002 C000000 PA
002 D010000 19087
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 17
007 C010100  1
007 C020100 100% U.S. TREASURY MONEY MARKET
007 C030100 N
007 C010200  2
007 C020200 DIVERSIFIED MONEY MARKET
007 C030200 N
007 C010300  3
007 C020300 CALIFORNIA TAX-FREE MONEY MARKET
007 C030300 N
007 C010400  4
007 C020400 U.S. GOVERNMENT MONEY MARKET
007 C030400 N
007 C010500  5
007 C020500 GROWTH
007 C030500 N
007 C010600  6
007 C020600 CONVERTIBLE SECURITIES
007 C030600 Y
007 C010700  7
007 C020700 VALUE MOMENTUM
007 C030700 N
007 C010800  8
007 C020800 BLUE CHIP GROWTH
007 C030800 Y
007 C010900  9
007 C020900 BALANCED
007 C030900 N
007 C011000 10
007 C021000 EMERGING GROWTH
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 INTERMEDIATE-TERM BOND
007 C031100 N
007 C011200 12
007 C021200 GOVERNMENT SECURITIES
007 C031200 Y
007 C011300 13
007 C021300 CALIFORNIA INTERMEDIATE TAX-FREE BOND
007 C031300 N
007 C011400 14
007 C021400 INTERNATIONAL EQUITY
007 C031400 N
007 C011500 15
007 C021500 INCOME EQUITY
007 C031500 N
007 C011600 16
007 C021600 BOND
007 C031600 N
007 C011700 17
007 C021700 SMALL CAP VALUE
007 C031700 N
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 SEI INVESTMENTS MUTUAL FUNDS SERVICES
010 C01AA01 OAKS
010 C02AA01 PA
010 C03AA01 19456
010 A00AA02 UNION BANK OF CALIFORNIA, NA
010 C01AA02 SAN FRANCISCO
010 C02AA02 CA
010 C03AA02 94104
011 A00AA01 SEI INVESTMENTS DISTRIBUTION COMPANY
011 B00AA01 8-27897
011 C01AA01 OAKS
011 C02AA01 PA
011 C03AA01 19456
011 C04AA01 0100
012 A00AA01 BFDS
012 B00AA01 84-0000
012 C01AA01 NORTH QUINCY
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94105
014 A00AA01 SEI INVESTMENTS DISTRIBUTION CO
014 B00AA01 8-27897
015 A00AA01 UNION BANK OF CALIFORNIA, NA
<PAGE>      PAGE  3
015 B00AA01 C
015 C01AA01 SAN FRANCISCO
015 C02AA01 CA
015 C03AA01 94104
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
019 C00AA00 HIGHMARK..
020 A000001 LEWCO SECURITIES
020 C000001    151
020 A000002 ESI SECURITIES COMPANY
020 B000002 13-2862329
020 C000002    140
020 A000003 GOLDMAN SACHS
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020 C000003    124
020 A000004 STANDARD AND POORS SECURITIES
020 B000004 13-2671951
020 C000004    123
020 A000005 AUTRANET
020 C000005     86
020 A000006 PERSHING
020 C000006     75
020 A000007 LYNCH, JONES RYAN
020 B000007 13-3356934
020 C000007     70
020 A000008 SMITH BARNEY
020 B000008 13-2518466
020 C000008     62
020 A000009 PAINE WEBBER
020 B000009 13-2760086
020 C000009     57
020 A000010 MERRILL LYNCH
020 B000010 13-5674085
020 C000010     57
021  000000     1833
022 A000001 JP MORGAN
022 B000001 13-3224016
022 C000001   2712967
022 D000001   1660716
022 A000002 LEHMAN
022 B000002 13-2927667
022 C000002   3341734
022 D000002     26807
022 A000003 HSBC
022 B000003 13-2961507
022 C000003   1780761
022 D000003    476119
022 A000004 GOLDMAN SACHS
022 B000004 13-5108880
<PAGE>      PAGE  4
022 C000004   2035502
022 D000004    165040
022 A000005 GENERAL ELECTRIC CAPITAL CORP
022 B000005 06-1109503
022 C000005   1692429
022 D000005         0
022 A000006 CIT GROUP
022 C000006   1414663
022 D000006         0
022 A000007 DEUTSCHE BANK SECURITIES
022 C000007    638840
022 D000007    649349
022 A000008 MORGAN STANLEY & CO, INC
022 C000008    857947
022 D000008     69400
022 A000009 SALOMON BROTHERS
022 B000009 13-3082694
022 C000009    910750
022 D000009         0
022 A000010 WESTDEUTSCHE LANDESBANK GIROZENTRALE
022 C000010    890000
022 D000010         0
023 C000000   26126443
023 D000000    4933176
026 A000000 N
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026 C000000 N
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026 H000000 N
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054 B00AA00 Y
054 C00AA00 Y
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054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
059  00AA00 Y
<PAGE>      PAGE  5
060 A00AA00 Y
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<PAGE>      PAGE  6
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070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
<PAGE>      PAGE  7
071 B000100         0
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072EE000100        0
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073 A020100   0.0210
073 B000100   0.0000
073 C000100   0.0000
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074 C000100  1412150
074 D000100        0
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<PAGE>      PAGE  8
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074 U020100   936299
074 V010100     1.00
074 V020100     1.00
074 W000100   1.0001
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074 Y000100        0
075 A000100  1116209
075 B000100        0
076  000100     0.00
028 A010200    491441
028 A020200      5675
028 A030200         0
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028 B010200    286667
028 B020200      5848
028 B030200         0
028 B040200    367032
028 C010200    410654
028 C020200      5975
028 C030200         0
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028 D010200    438173
028 D020200      6000
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028 E010200    254709
028 E020200      5731
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028 F010200    384134
028 F020200      6092
028 F030200         0
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028 G010200   2265778
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028 G040200   1980913
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<PAGE>      PAGE  9
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042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200 100
043  000200   1625
044  000200      0
062 A000200 Y
062 B000200   3.8
062 C000200   5.7
062 D000200   4.0
062 E000200   0.0
062 F000200  17.8
062 G000200   3.8
062 H000200   9.4
062 I000200  45.5
062 J000200   1.9
062 K000200   0.0
062 L000200   7.9
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200  66
063 B000200  0.0
064 A000200 N
064 B000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
<PAGE>      PAGE  10
070 J020200 Y
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200         0
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072CC020200        0
<PAGE>      PAGE  11
072DD010200    30299
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072EE000200        0
073 A010200   0.0240
073 A020200   0.0230
073 B000200   0.0000
073 C000200   0.0000
074 A000200        0
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074 C000200  2513855
074 D000200        0
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074 G000200        0
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074 J000200        0
074 K000200        0
074 L000200    16115
074 M000200      429
074 N000200  2635626
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074 U020200  1410347
074 V010200     1.00
074 V020200     1.00
074 W000200   0.9994
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028 A010300     78451
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<PAGE>      PAGE  12
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042 F000300   0
042 G000300   0
042 H000300 100
043  000300    451
044  000300      0
062 A000300 Y
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062 D000300   0.0
062 E000300  99.3
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064 A000300 N
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
042 A000400   0
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070 G020400 N
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070 H020400 N
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<PAGE>      PAGE  16
070 J020400 Y
070 K010400 N
070 K020400 N
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  26
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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<PAGE>      PAGE  38
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<PAGE>      PAGE  39
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<PAGE>      PAGE  40
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064 B001100 N
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070 G021100 N
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070 H021100 N
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070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 N
070 L011100 Y
070 L021100 N
<PAGE>      PAGE  41
070 M011100 N
070 M021100 N
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070 Q021100 N
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<PAGE>      PAGE  42
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<PAGE>      PAGE  43
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033  001200      0
034  001200 N
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037  001200 N
038  001200      0
039  001200 N
040  001200 N
045  001200 Y
046  001200 N
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<PAGE>      PAGE  44
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050  001200 N
051  001200 N
052  001200 N
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070 A011200 Y
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070 D021200 N
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070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 N
070 H021200 N
<PAGE>      PAGE  45
070 I011200 N
070 I021200 N
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070 L021200 Y
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070 M021200 N
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070 P011200 N
070 P021200 N
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070 Q021200 N
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070 R021200 N
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<PAGE>      PAGE  46
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<PAGE>      PAGE  47
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033  001300      0
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<PAGE>      PAGE  48
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<PAGE>      PAGE  49
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008 A001401 HIGHMARK CAPITAL MANAGEMENT INC.
008 B001401 A
008 C001401 801-0000
008 D011401 LOS ANGELES
008 D021401 CA
008 D031401 90051
008 A001402 AXA INVESTMENT MANAGERS
008 B001402 S
008 C001402 801-0000
008 D011402 PARIS
008 D051402 FRANCE
024  001400 N
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<PAGE>      PAGE  50
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033  001400      0
034  001400 N
035  001400      0
036 B001400      0
037  001400 N
038  001400      0
039  001400 N
040  001400 N
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042 B001400   0
042 C001400   0
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042 E001400   0
042 F001400   0
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<PAGE>      PAGE  51
045  001400 Y
046  001400 Y
047  001400 Y
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049  001400 N
050  001400 N
051  001400 N
052  001400 N
053 A001400 N
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<PAGE>      PAGE  52
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066 F001400 N
066 G001400 N
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070 A011400 Y
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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
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 N
070 K021400 N
070 L011400 N
070 L021400 N
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 N
070 R021400 N
<PAGE>      PAGE  53
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<PAGE>      PAGE  54
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<PAGE>      PAGE  55
028 H001500       995
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008 D011701 SAN FRANCISCO
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008 A001702 BRANDES INVESTMENT PARTNERS, LP
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SIGNATURE   BOB DELLACROCE                               
TITLE       TREASURER           
 


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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.98
<EXPENSE-RATIO>                                   1.82
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 060
   <NAME> CONVERTIBLE SECURITIES FIDUCIARY SHARES
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               DEC-31-1998
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<DISTRIBUTIONS-OF-GAINS>                         (707)
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<NUMBER-OF-SHARES-REDEEMED>                    (33794)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 070
   <NAME> VALUE MOMENTUM FIDUCIARY CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
<INVESTMENTS-AT-COST>                           649962
<INVESTMENTS-AT-VALUE>                         1008042
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<PAYABLE-FOR-SECURITIES>                        104542
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<SHARES-COMMON-STOCK>                            31195
<SHARES-COMMON-PRIOR>                            31620
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<OVERDISTRIBUTION-GAINS>                             0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 071
   <NAME> VALUE MOMENTUM CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 072
   <NAME> VALUE MOMENTUM CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 080
   <NAME> BLUE CHIP GROWTH FIDUCIARY SHARES
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-10-1999
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 090
   <NAME> BALANCED FIDUCIARY CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
<INVESTMENTS-AT-COST>                           371242
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<SHARES-COMMON-STOCK>                            26951
<SHARES-COMMON-PRIOR>                            26818
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<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                    466087
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<ACCUMULATED-GAINS-PRIOR>                        15903
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<PER-SHARE-NAV-BEGIN>                            16.73
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<EXPENSE-RATIO>                                    .92
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 091
   <NAME> BALANCED CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
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<EXPENSE-RATIO>                                   1.17
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 092
   <NAME> BALANCED CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

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<NAME> HIGHMARK
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</TABLE>

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<PER-SHARE-NAV-BEGIN>                            17.92
<PER-SHARE-NII>                                   .112
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<PER-SHARE-DIVIDEND>                              .117
<PER-SHARE-DISTRIBUTIONS>                        2.206
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.89
<EXPENSE-RATIO>                                    .91
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 151
   <NAME> INCOME EQUITY CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
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<NET-INVESTMENT-INCOME>                           4278
<REALIZED-GAINS-CURRENT>                         40608
<APPREC-INCREASE-CURRENT>                         2487
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<NUMBER-OF-SHARES-REDEEMED>                       9252
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<EXPENSE-RATIO>                                   1.16
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 152
   <NAME> INCOME EQUITY CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
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<NUMBER-OF-SHARES-SOLD>                            855
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<EXPENSE-RATIO>                                   1.81
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 160
   <NAME> BOND FIDUCIARY CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-01-1998
<PERIOD-END>                               JAN-31-1999
<INVESTMENTS-AT-COST>                           378113
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<SHARES-COMMON-STOCK>                            30661
<SHARES-COMMON-PRIOR>                            19061
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<NET-ASSETS>                                    340845
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<NET-CHANGE-IN-ASSETS>                          132808
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<EXPENSE-RATIO>                                    .75
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 161
   <NAME> BOND CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             AUG-01-1998
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<EXPENSE-RATIO>                                    .75
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 170
   <NAME> SMALL CAP VALUE FIDUCIARY
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   5-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
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<PERIOD-END>                               JAN-31-1999
<INVESTMENTS-AT-COST>                            69412
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<SHARES-COMMON-STOCK>                             6789
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<EXPENSE-RATIO>                                   1.58
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 171
   <NAME> SMALL CAP VALUE RETAIL A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   5-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
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<EXPENSE-RATIO>                                   1.83
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811527
<NAME> HIGHMARK
<SERIES>
   <NUMBER> 172
   <NAME> SMALL CAP VALUE RETAIL B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   5-MOS
<FISCAL-YEAR-END>                          JUL-31-1999
<PERIOD-START>                             SEP-17-1998
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</TABLE>


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