CIM HIGH YIELD SECURITIES
NSAR-A, 1997-08-27
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<PAGE>      PAGE  1
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008 A000001 CHANCELLOR LGT ASSET MANAGEMENT INC.
008 B000001 A
008 C000001 801-999
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10022
010 A000001 FIRST DATA INVESTOR SERVICES GROUP, INC.
010 C010001 BOSTON
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010 C030001 02109
011 A000001 THE ROBINSON-HUMPHREY COMPANY, INC.
011 B000001 8-9999
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011 C020001 GA
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012 A000001 FIRST DATA INVESTOR SERVICES GROUP, INC.
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<PAGE>      PAGE  2
012 C030001 02109
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013 B030001 10048
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022 A000005 NATWEST SECURITIES
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022 A000007 LEHMAN BROTHERS
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<PAGE>      PAGE  3
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SIGNATURE   RICHARD H. ROSE                              
TITLE       ASSISTANT TREASURER 
 

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

<TABLE> <S> <C>

<ARTICLE> 
<SERIES>
              <NUMBER> 001
              <NAME>  CIM High Yield Fund
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>               DEC-31-1997
<PERIOD-END>                    JUN-30-1997
<INVESTMENTS-AT-COST>               55,562,877
<INVESTMENTS-AT-VALUE>              57,469,364
<RECEIVABLES>                        2,844,176
<ASSETS-OTHER>                               0
<OTHER-ITEMS-ASSETS>                     2,246
<TOTAL-ASSETS>                      60,315,786
<PAYABLE-FOR-SECURITIES>             2,400,000
<SENIOR-LONG-TERM-DEBT>                      0
<OTHER-ITEMS-LIABILITIES>           12,934,909
<TOTAL-LIABILITIES>                 15,334,909
<SENIOR-EQUITY>                              0
<PAID-IN-CAPITAL-COMMON>            49,131,317
<SHARES-COMMON-STOCK>                5,715,311
<SHARES-COMMON-PRIOR>                5,657,569
<ACCUMULATED-NII-CURRENT>              124,553
<OVERDISTRIBUTION-NII>                       0
<ACCUMULATED-NET-GAINS>                      0
<OVERDISTRIBUTION-GAINS>            (6,181,480)
<ACCUM-APPREC-OR-DEPREC>             1,906,487
<NET-ASSETS>                        44,980,877
<DIVIDEND-INCOME>                       28,750
<INTEREST-INCOME>                    2,824,825
<OTHER-INCOME>                               0
<EXPENSES-NET>                         672,299
<NET-INVESTMENT-INCOME>              2,181,276
<REALIZED-GAINS-CURRENT>               924,553
<APPREC-INCREASE-CURRENT>              (16,344)
<NET-CHANGE-FROM-OPS>                3,089,485
<EQUALIZATION>                               0
<DISTRIBUTIONS-OF-INCOME>           (2,049,437)
<DISTRIBUTIONS-OF-GAINS>                     0
<DISTRIBUTIONS-OTHER>                        0
<NUMBER-OF-SHARES-SOLD>                      0
<NUMBER-OF-SHARES-REDEEMED>                  0
<SHARES-REINVESTED>                     57,742
<NET-CHANGE-IN-ASSETS>               1,485,925
<ACCUMULATED-NII-PRIOR>                      0
<ACCUMULATED-GAINS-PRIOR>                    0
<OVERDISTRIB-NII-PRIOR>                 (7,286)
<OVERDIST-NET-GAINS-PRIOR>          (7,106,033)
<GROSS-ADVISORY-FEES>                  109,464
<INTEREST-EXPENSE>                     436,111
<GROSS-EXPENSE>                        672,299
<AVERAGE-NET-ASSETS>                         0
<PER-SHARE-NAV-BEGIN>                     7.69
<PER-SHARE-NII>                           0.38
<PER-SHARE-GAIN-APPREC>                   0.16
<PER-SHARE-DIVIDEND>                     (0.36)
<PER-SHARE-DISTRIBUTIONS>                 0.00
<RETURNS-OF-CAPITAL>                      0.00
<PER-SHARE-NAV-END>                       7.87
<EXPENSE-RATIO>                           1.08
<AVG-DEBT-OUTSTANDING>                       0
<AVG-DEBT-PER-SHARE>                         0


</TABLE>


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