OVERLAND EXPRESS FUNDS INC
NSAR-B, 1996-02-29
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<PAGE>      PAGE  1
000 B000000 12/31/95
000 C000000 819844
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 OVERLAND EXPRESS FUNDS, INC
001 B000000 811-8275
001 C000000 5013772521
002 A000000 111 CENTER STREET
002 B000000 LITTLE ROCK
002 C000000 AR
002 D010000 72201
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 12
007 C010100  1
007 C020100 ASSET ALLOCATION
007 C030100 N
007 C010200  2
007 C020200 U.S.GOVERNMENT INCOME FUND
007 C030200 N
007 C010300  3
007 C020300 CALIFORNIA TAX-FREE MONEY MARKET FUND
007 C030300 N
007 C010400  4
007 C020400 CALIFORNIA TAX-FREE BOND FUND
007 C030400 N
007 C010500  5
007 C020500 MONEY MARKET FUND
007 C030500 N
007 C010600  6
007 C020600 VARIABLE RATE GOVERNMENT FUND
007 C030600 N
007 C010700  7
007 C010800  8
007 C020800 MUNICIPAL INCOME FUND
007 C030800 N
007 C010900  9
007 C020900 OVERLAND SWEEP FUND
007 C030900 N
007 C011000 10
007 C021000 U.S. TREASURY MONEY MARKET FUND
007 C031000 N
007 C011100 11
<PAGE>      PAGE  2
007 C011200 12
007 C021200 STRATEGIC GROWTH FUND
007 C031200 N
007 C011300 13
007 C011400 14
007 C021400 SHORT TERM MUNICIPAL INCOME
007 C031400 N
007 C011500 15
007 C011600 16
007 C021600 SHORT TERM GOVERNMENT CORP INCOME
007 C031600 N
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 INTERSTATE JOHNSON LANE
020 B000001 56-0276690
020 C000001     32
020 A000002 BEAR STEARNS SECURITIES CORP
020 B000002 13-3299429
020 C000002     24
020 A000003 ALEX BROWN & SONS
020 B000003 52-1319768
020 C000003      7
020 A000004 INSTINET CORP
020 B000004 13-3443395
020 C000004      7
020 A000005 GOLDMAN SACHS & CO
020 B000005 13-5108880
020 C000005      6
020 A000006 ESI SECURITIES CO
020 B000006 UNKNOWN
020 C000006      5
020 A000007 AUTRANET INC
020 B000007 13-2961507
020 C000007      4
020 A000008 FIRST MANHATTAN CORP
020 B000008 13-1957714
020 C000008      2
020 A000009 DEAN WITTER REYNOLDS
020 B000009 UNKNOWN
020 C000009      2
020 A000010 DONALDSON LUFKIN & JENRETTE
020 B000010 13-2741729
020 C000010      2
021  000000      194
022 A000001 CASH INVESTMENT TRUST
022 B000001 71-6146366
<PAGE>      PAGE  3
022 C000001   3284131
022 D000001   2886863
022 A000002 GOLDMAN SACHS & CO
022 B000002 13-5108880
022 C000002   1933104
022 D000002   1675169
022 A000003 HSBC SECURITIES INC.
022 B000003 13-2650272
022 C000003   1001917
022 D000003    860858
022 A000004 LEHMAN GOVT. SECURITIES
022 B000004 UNKNOWN
022 C000004    897613
022 D000004    892734
022 A000005 PAINEWEBBER INC.
022 B000005 13-2638166
022 C000005    792834
022 D000005    606150
022 A000006 SALOMON BROS.
022 B000006 13-3082694
022 C000006    791581
022 D000006    406406
022 A000007 JP MORGAN SECS INC
022 B000007 13-3224016
022 C000007    680929
022 D000007    348588
022 A000008 LEHMAN BROS INC
022 B000008 13-2518466
022 C000008    776723
022 D000008    214750
022 A000009 CS FIRST BOSTON CORP
022 B000009 13-5659485
022 C000009    709822
022 D000009    200122
022 A000010 MORGAN STANLEY & CO
022 B000010 13-2655998
022 C000010    475970
022 D000010    320539
023 C000000   13658888
023 D000000   13364138
026 A000000 N
026 B000000 N
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027  000000 Y
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<PAGE>      PAGE  4
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070 D01AA00 N
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070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
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077 A000000 Y
<PAGE>      PAGE  5
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080 A00AA00 CHUBB INSURANCE
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008 A000101 WELLS FARGO BANK, N.A.
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008 C000101 801-00000
008 D010101 SAN FRANCISCO
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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008 A000201 WELLS FARGO BANK, N.A.
008 B000201 A
008 C000201 801-00000
008 D010201 SAN FRANCISCO
008 D020201 CA
008 D030201 94105
024  000200 Y
025 A000201 GOLDMAN SACHS
025 B000201 13-5108880
025 C000201 D
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<PAGE>      PAGE  9
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055 A000200 N
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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008 A000301 WELLS FARGO BANK, N.A.
008 B000301 A
008 C000301 801-00000
008 D010301 SAN FRANCISCO
008 D020301 CA
008 D030301 94105
024  000300 N
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<PAGE>      PAGE  12
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045  000300 Y
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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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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031 B000500      0
032  000500      0
033  000500      0
034  000500 N
035  000500      0
036 B000500      0
054 A000500 Y
054 B000500 Y
054 C000500 Y
054 D000500 N
054 E000500 N
054 F000500 N
054 G000500 N
054 H000500 N
054 I000500 N
054 J000500 Y
054 K000500 N
054 L000500 N
054 M000500 N
054 N000500 N
054 O000500 N
055 A000500 Y
055 B000500 N
056  000500 Y
057  000500 N
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<PAGE>      PAGE  20
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064 A000500 Y
064 B000500 N
066 A000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
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071 C000500         0
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<PAGE>      PAGE  21
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074 T000500   699393
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024  000600 Y
025 A000601 GOLDMAN SACHS
025 B000601 13-5108880
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<PAGE>      PAGE  22
025 D000607       0
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055 B000600 N
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<PAGE>      PAGE  23
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063 B000600 16.9
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067  000600 N
068 A000600 N
068 B000600 N
069  000600 N
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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034  000800 Y
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055 A000800 N
055 B000800 N
056  000800 Y
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<PAGE>      PAGE  26
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062 N000800  95.2
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063 A000800   0
063 B000800 20.2
064 A000800 Y
064 B000800 N
066 A000800 N
067  000800 N
068 A000800 N
068 B000800 N
069  000800 N
071 A000800     11320
071 B000800    382473
071 C000800     79020
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<PAGE>      PAGE  27
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024  000900 N
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<PAGE>      PAGE  28
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032  000900      0
033  000900      0
034  000900 N
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055 A000900 N
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<PAGE>      PAGE  29
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066 A000900 N
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<PAGE>      PAGE  30
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008 A001001 WELLS FARGO, N.A.
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<PAGE>      PAGE  31
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055 A001000 N
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<PAGE>      PAGE  32
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063 B001000  0.0
064 A001000 N
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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045  001200 Y
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047  001200 Y
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
074 R041200       60
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<PAGE>      PAGE  38
034  001400 N
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<PAGE>      PAGE  39
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<PAGE>      PAGE  40
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<PAGE>      PAGE  41
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054 E001600 N
054 F001600 N
054 G001600 N
054 H001600 N
054 I001600 N
054 J001600 Y
054 K001600 N
054 L001600 N
054 M001600 N
054 N001600 N
054 O001600 N
055 A001600 N
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<PAGE>      PAGE  43
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SIGNATURE   ANN BONSTEEL                                 
TITLE       ASST.SECRETARY      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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   <NAME> ASSET ALLOCATION FUND CLASS A
       
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
<SERIES>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
<SERIES>
   <NUMBER> 3
   <NAME> CALIFORNIA TAX-FREE MONEY MARKET FUND
       
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
<SERIES>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
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<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
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<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819844
<NAME> OVERLAND EXPRESS FUNDS, INC.
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