CIM HIGH YIELD SECURITIES
NSAR-B, 1997-02-21
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SIGNATURE   KEVIN MORRISSEY                              
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 001
              <NAME> CIM High Yield Securities
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        DEC-31-1996
<PERIOD-END>                             DEC-31-1996
<INVESTMENTS-AT-COST>                                       53,300,574
<INVESTMENTS-AT-VALUE>                                      55,223,405
<RECEIVABLES>                                                1,309,656
<ASSETS-OTHER>                                                       0
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<TOTAL-ASSETS>                                              56,547,709
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
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<SENIOR-EQUITY>                                                      0
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<SHARES-COMMON-STOCK>                                        5,657,569
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<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                          (7,286)
<ACCUMULATED-NET-GAINS>                                     (7,106,033)
<OVERDISTRIBUTION-GAINS>                                             0
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<DIVIDEND-INCOME>                                               57,500
<INTEREST-INCOME>                                            5,624,736
<OTHER-INCOME>                                                       0
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<NET-CHANGE-FROM-OPS>                                        6,426,250
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (4,323,851)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                              0
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<ACCUMULATED-NII-PRIOR>                                              0
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<PER-SHARE-NAV-BEGIN>                                             7.32
<PER-SHARE-NII>                                                   0.78
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<EXPENSE-RATIO>                                                   1.10
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<AVG-DEBT-PER-SHARE>                                              2.23


</TABLE>


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