FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Registrant Name AHA INVESTMENT FUNDS, INC.
File Number 811-5534
Registrant CIK Number: 0000831957
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Header Screen
Report as of the end of semiannual period: / / (a)
or fiscal year: 06/30/99 (b)
Is this a transition report? (Y or N): N
Is this form being completed by the registrant? (Y or N): Y
Is this an amendment to a previous filing? (Y or N): N
Is this a change to a previous filing? (Y or N): N
1.A) Registrant Name: AHA INVESTMENT FUNDS, INC.
B) File Number: 811-5534
C) Telephone Number: 8472955000
2.A) Street: 100 HALF DAY ROAD
B) City: LINCOLNSHIRE C) State: IL D) Zip Code: 60069 Zip Ext.:
E) Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by the Registrant?(Y or N) ----- N
4. Is this the last filing on this form by the Registrant?(Y or N) ------ N
5. Is Registrant a small business investment company (SBIC)?(Y or N) ---- N
6. Is Registrant a unit investment trust (UIT)?(Y or N) ----------------- N
7.A) Is Registrant a series or multiple portfolio company?(Y or N) ----- Y
B) How many separate series or portfolios did Registrant have
at the end of the period? ----------------------------------------- 4
SCREEN NUMBER: 1
7.C) List the name of each series or portfolio and give a consecutive number
to each series or portfolio starting with the number 1. USE THIS SAME
NUMERICAL DESIGNATION FOR EACH SERIES OR PORTFOLIO IN THE SERIES IN-
FORMATION BLOCK IN THE TOP RIGHT CORNER OF THE SCREENS SUBMITTED IN
THIS FILING AND IN ALL SUBSEQUENT FILINGS ON THIS FORM. THIS INFOR-
MATION IS REQUIRED EACH TIME THE FORM IS FILED. Is this the
Series last filing
Number Series Name for this series?
(Y or N)
1 FULL MATURITY PORTFOLIO N
2 LIMITED MATURITY PORTFOLIO N
3 DIVERSIFIED EQUITY PORTFOLIO N
4 BALANCED PORTFOLIO N
5
6
7
8
9
10
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SCREEN NUMBER: 2
This page is being
INVESTMENT ADVISER/SUB-ADVISER filed for series 1.
8.A) Adviser Name (if any): WESTERN ASSET MANAGEMENT COMPNAY
B) Is this an Adviser or Sub-adviser? (A/S): A
C) File Number: 801-08162
D) City: PASADENA State: CA Zip Code: 91105 Zip Ext.:
Foreign Country: Foreign Postal Code:
8.A) Adviser Name (if any): FIRSTAR TRUST RESEARCH & MANAGEMENT COMPANY
B) Is this an Adviser or Sub-adviser? (A/S): A
C) File Number: 801-28084
D) City: MILWAUKEE State: WI Zip Code: 53202 Zip Ext.:
Foreign Country: Foreign Postal Code:
8.A) Adviser Name (if any):
B) Is this an Adviser or Sub-adviser? (A/S):
C) File Number: 801-
D) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
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SCREEN NUMBER: 3
This page is being
INVESTMENT ADVISER/SUB-ADVISER filed for series 2.
8.A) Adviser Name (if any): THE PATTERSON CAPITAL CORPORATION
B) Is this an Adviser or Sub-adviser? (A/S): A
C) File Number: 801-13828
D) City: LOS ANGELES State: CA Zip Code: 90067 Zip Ext.:
Foreign Country: Foreign Postal Code:
8.A) Adviser Name (if any):
B) Is this an Adviser or Sub-adviser? (A/S):
C) File Number: 801-
D) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
8.A) Adviser Name (if any):
B) Is this an Adviser or Sub-adviser? (A/S):
C) File Number: 801-
D) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
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SCREEN NUMBER: 3
This page is being
INVESTMENT ADVISER/SUB-ADVISER filed for series 3.
8.A) Adviser Name (if any): CAMBIAR INVESTORS, INC.
B) Is this an Adviser or Sub-adviser? (A/S): A
C) File Number: 801-9538
D) City: DENVER State: CO Zip Code: 80111 Zip Ext.:
Foreign Country: Foreign Postal Code:
8.A) Adviser Name (if any): INVESTORS RESEARCH COMPANY
B) Is this an Adviser or Sub-adviser? (A/S): A
C) File Number: 801-31292
D) City: RANCHO SANTA FE State: CA Zip Code: 92067 Zip Ext.:
Foreign Country: Foreign Postal Code:
8.A) Adviser Name (if any):
B) Is this an Adviser or Sub-adviser? (A/S):
C) File Number: 801-
D) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
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SCREEN NUMBER: 3
This page is being
INVESTMENT ADVISER/SUB-ADVISER filed for series 4.
8.A) Adviser Name (if any): CAMBIAR INVESTORS INC
B) Is this an Adviser or Sub-adviser? (A/S): A
C) File Number: 801-9538
D) City: DENVER State: CO Zip Code: 80111 Zip Ext.:
Foreign Country: Foreign Postal Code:
8.A) Adviser Name (if any): WESTERN ASSET MANAGEMENT COMPANY
B) Is this an Adviser or Sub-adviser? (A/S): A
C) File Number: 801-08162
D) City: PASADENA State: CA Zip Code: 91105 Zip Ext.:
Foreign Country: Foreign Postal Code:
8.A) Adviser Name (if any): INVESTORS RESEARCH COMPANY
B) Is this an Adviser or Sub-adviser? (A/S): A
C) File Number: 801-31292
D) City: RANCHO SATNTE FE State: CA Zip Code: 92067 Zip Ext.:
Foreign Country: Foreign Postal Code:
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SCREEN NUMBER: 3
This page is being
ADMINISTRATOR filed for ALL series.
10.A) Administrator Name (if any):HEWITT ASSOCIATES LLC
B) File Number (if any): 801-31531
C) City: LINCOLNSHIRE State: IL Zip Code: 60069 Zip Ext.:
Foreign Country: Foreign Postal Code:
10.A) Administrator Name (if any):
B) File Number (if any):
C) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
10.A) Administrator Name (if any):
B) File Number (if any):
C) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
10.A) Administrator Name (if any):
B) File Number (if any):
C) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
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SCREEN NUMBER: 4
This page is being
SHAREHOLDER SERVICING AGENT filed for ALL series.
12.A) Agent Name (if any): FIRSTAR MUTUAL FUND SERVICES, LLC
B) File Number (if any): 84-0000000
C) City: MILWAUKEE State: WI Zip Code: 53202 Zip Ext.:
12.A) Agent Name (if any):
B) File Number (if any):
C) City: State: Zip Code: Zip Ext.:
12.A) Agent Name (if any):
B) File Number (if any):
C) City: State: Zip Code: Zip Ext.:
12.A) Agent Name (if any):
B) File Number (if any):
C) City: State: Zip Code: Zip Ext.:
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SCREEN NUMBER: 6
This page is being
INDEPENDENT PUBLIC ACCOUNTANT filed for ALL series.
13.A) Accountant Name: ARTHUR ANDERSEN LLP
B) City: CHICAGO State: IL Zip Code: 60603 Zip Ext.: 5385
Foreign Country: Foreign Postal Code:
13.A) Accountant Name:
B) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
13.A) Accountant Name:
B) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
13.A) Accountant Name:
B) City: State: Zip Code: Zip Ext.:
Foreign Country: Foreign Postal Code:
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SCREEN NUMBER: 7
This page is being
CUSTODIAN/SUB-CUSTODIAN filed for ALL series.
15.A) Custodian/Sub-custodian: FIRSTAR BANK MILWAUKEE
B) Is this a Custodian or Sub-custodian? (C/S): C
C) City: MILWAUKEE State: WI Zip Code: 53202 Zip Ext.:
D) Foreign Country: Foreign Postal Code:
E) Mark ONE of the following with an 'X':
TYPE OF CUSTODY
Member Nat'l Foreign Insurance Co.
Bank Sec. Exchg. Self Custodian Sponsor
Sec.17(f)(1) Rule 17f-1 Rule 17f-2 Rule 17f-5 Rule 26a-2 Other
------------ ------------ ---------- ---------- ------------- -----
X
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SCREEN NUMBER: 9
This page being
filed for ALL series.
18. Does Registrant's/Series' custodian(s) maintain some
or all of Registrant's/Series' securities in a central
depository or book-entry system pursuant to Rule 17f-4? (Y or N) Y
19. Family of investment companies information:
A) Is Registrant part of a family of investment companies? (Y or N) N
B) If 'Y' (Yes), state the number of registered management
investment companies in the family: 0
(NOTE: Count as a separate company each series of a series company
and each portfolio of a multiple portfolio company; exclude
all series of unit investment trusts from this number.)
C) Identify the family using 10 letters:
(NOTE: In filing this form, use this identification consistently for
all investment companies in the family including any unit
investment trusts. This designation is for purposes of
this form only.)
SCREEN NUMBER: 10
20. Brokerage commissions paid on portfolio transactions of Registrant:
List the 10 brokers which received the largest amount of brokerage commissions
(excluding dealer concessions in underwritings) by virtue of direct or in-
direct participation in Registrant's portfolio transactions, set forth in
order of size of gross commissions during the current reporting period:
(FOR SERIES COMPANIES, ITEMS 20 & 21 MUST BE ANSWERED IN TOTAL FOR ALL SERIES)
Commissions
Name of Broker IRS Number Received
(000's omitted)
INVESTMENT TECHNOLOGY GROUP 29
JEFFERIES & COMPANY 95-2622900 26
LEHMAN BROTHERS INCORPORATED 25
MORGAN STANLEY & COMPANY 20
OPPENHEIMER & COMPANY 19
WARBURG DILLON READ 19
GOLDMAN SACHS 17
INSTINET 13
FIRST BOSTON 12
BEAR STEARNS 10
21. Aggregate brokerage commissions paid by Registrant
during current reporting period (000's omitted): 242
SCREEN NUMBER: 11
22. Registrant's portfolio transactions with entities acting as principals:
List the 10 entities acting as principals with whom Registrant did the largest
amount of portfolio transactions (include all short-term obligations, and U.S.
Gov't. & tax-free securities) in both the secondary market & in underwritten
offerings set forth in order of size based upon total value of principal
transactions during the current reporting period: (FOR SERIES COMPANIES, ITEMS
22 AND 23 MUST BE ANSWERED IN TOTAL FOR ALL SERIES) Registrant Sales by
Name of Entity IRS Number Purchases Registrant
(000's omitted)
FIRST BOSTON CORP. 57859 68497
AMERICAN EXPRESS CREDIT 122564 0
DONALDSON LUFKIN 63585 55449
GOLDMAN SACHS 71847 29134
BEAR STERARNS 44401 47238
NOMURA SECURITIES 42306 44130
MORGAN STANLEY & COMPANY 45321 35427
SALOMN BROTHERS 37537 40424
BARCLAYS DEZOETE WEDD INC. 24830 39971
MERRILL LYNCH 18652 37119
23. Aggregate principal purchase/sale transactions of Registrant during current
reporting period. C. Total Purchases: 528904 D. Total Sales: 397385
(000's omitted)
SCREEN NUMBER: 12
This page being
filed for series 1.
24. At the end of the current period, did the Registrant/Series hold any
securities of the Registrant's/Series' regular brokers or dealers or
of the parents of such brokers or dealers that derive more than 15%
of gross revenue from securities-related activities? (Y or N): Y
NOTE: If answer is 'N' (No), please go on to screen 15.
SCREEN NUMBER: 13
This page being
filed for series 2.
24. At the end of the current period, did the Registrant/Series hold any
securities of the Registrant's/Series' regular brokers or dealers or
of the parents of such brokers or dealers that derive more than 15%
of gross revenue from securities-related activities? (Y or N): Y
NOTE: If answer is 'N' (No), please go on to screen 15.
SCREEN NUMBER: 13
This page being
filed for series 3.
24. At the end of the current period, did the Registrant/Series hold any
securities of the Registrant's/Series' regular brokers or dealers or
of the parents of such brokers or dealers that derive more than 15%
of gross revenue from securities-related activities? (Y or N): N
NOTE: If answer is 'N' (No), please go on to screen 15.
SCREEN NUMBER: 13
This page being
filed for series 4.
24. At the end of the current period, did the Registrant/Series hold any
securities of the Registrant's/Series' regular brokers or dealers or
of the parents of such brokers or dealers that derive more than 15%
of gross revenue from securities-related activities? (Y or N): N
NOTE: If answer is 'N' (No), please go on to screen 15.
SCREEN NUMBER: 13
This page being
filed for series 1.
25. List below the information requested about Registrant's/Series' holdings of
the securities of the Registrant's/Series' regular brokers or dealers or of
their parents that derive more than 15% of gross revenues from securities-
related activities:
Type of Value of any
Name of Regular Broker or IRS Security Securities
Dealer or Parent (Issuer) Number Owned Owned at end
D=debt of current
E=equity period
(000's omitted)
BANKERS TRUST COMPANY D 1034
J.P. MORGAN D 75
SECURITY PACIFIC CORP D 213
MERRILL LYNCH COMPANY D 521
PAINE WEBBER INCORPORATED D 148
0
0
0
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SCREEN NUMBER: 14
This page being
filed for series 2.
25. List below the information requested about Registrant's/Series' holdings of
the securities of the Registrant's/Series' regular brokers or dealers or of
their parents that derive more than 15% of gross revenues from securities-
related activities:
Type of Value of any
Name of Regular Broker or IRS Security Securities
Dealer or Parent (Issuer) Number Owned Owned at end
D=debt of current
E=equity period
(000's omitted)
MERRILL LYNCH COMPANY D 1246
0
0
0
0
0
0
0
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SCREEN NUMBER: 14
This page being
filed for series 3.
25. List below the information requested about Registrant's/Series' holdings of
the securities of the Registrant's/Series' regular brokers or dealers or of
their parents that derive more than 15% of gross revenues from securities-
related activities:
Type of Value of any
Name of Regular Broker or IRS Security Securities
Dealer or Parent (Issuer) Number Owned Owned at end
D=debt of current
E=equity period
(000's omitted)
J.P. MORGAN E 140
MERRILL LYNCH COMPANY E 399
MORGAN STANLEY INC. E 417
0
0
0
0
0
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SCREEN NUMBER: 14
This page being
filed for series 4.
25. List below the information requested about Registrant's/Series' holdings of
the securities of the Registrant's/Series' regular brokers or dealers or of
their parents that derive more than 15% of gross revenues from securities-
related activities:
Type of Value of any
Name of Regular Broker or IRS Security Securities
Dealer or Parent (Issuer) Number Owned Owned at end
D=debt of current
E=equity period
(000's omitted)
J.P. MORGAN E 28
BEAR STEARNS E 47
MERRILL LYNCH COMPANY E 160
MERRILL LYNCH COMPANY D 100
0
0
0
0
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SCREEN NUMBER: 14
26. Considerations which affected the participation of brokers or dealers
or other entities in commissions or other compensation paid on
portfolio transactions of Registrant:
[ FOR SERIES COMPANIES THIS ITEM IS TO BE ANSWERED IN TOTAL FOR ALL SERIES ]
Answer each of the following with 'Y' or 'N'.
A) Sales of Registrant's/Series' shares -------------------------------- N
B) Receipt of investment research and statistical information ---------- Y
C) Receipt of quotations for portfolio valuations ---------------------- N
D) Ability to execute portfolio transactions
to obtain best price and execution --------------------------------- Y
E) Receipt of telephone line and wire services ------------------------- N
F) Broker or dealer which is an affiliated person ---------------------- Y
G) Arrangement to return or credit part or all of
commissions or profits thereon:
(i) To investment adviser, principal underwriter,
or an affiliated person of either ---------------------------- N
(ii) To Registrant ------------------------------------------------ N
H) Other --------------------------------------------------------------- N
SCREEN NUMBER: 15
SALES AND REPURCHASES
27. Is Registrant an open-end investment company? (Y or N): Y
NOTE: If answer is 'N' (No), please delete any answers you may
have entered for questions 28 through 44.
If you have done this already or not yet responded to
question 28 through 44, please jump to Screen Number 23.
SCREEN NUMBER: 16
This page being
28. Monthly Sales and Repurchases of filed for series 1.
Registrant's/Series' Shares:
Total NAV Total NAV Total NAV
of Shares of Shares Total NAV of Shares
Sold: New Sold: Reinv. of Shares Redeemed and
Month of Sales (Incl. of Dividends Sold: Repurchased
Current Period Exchanges) & Distributions Other (Incl. Exchanges)
(000's omitted) (000's omitted)
A) First month of period $ 6 $ 323 $ 0 $ 395
B) Second month of period $ 6 $ 331 $ 0 $ 236
C) Third month of period $ 2696 $ 381 $ 0 $ 903
D) Fourth month of period $ 5 $ 393 $ 0 $ 195
E) Fifth month of period $ 7 $ 350 $ 0 $ 1960
F) Sixth month of period $ 1 $ 408 $ 0 $ 920
G) Total $ 2721 $ 2186 $ 0 $ 4609
H) Total NAV of Registrant's/Series' share sales during the
period subject to a sales load (000's omitted) $ 0
(Note: 28H is the total of six months and must be
less than or equal to 28G1 + 28G2 + 28G3)
SCREEN NUMBER: 17
This page being
28. Monthly Sales and Repurchases of filed for series 2.
Registrant's/Series' Shares:
Total NAV Total NAV Total NAV
of Shares of Shares Total NAV of Shares
Sold: New Sold: Reinv. of Shares Redeemed and
Month of Sales (Incl. of Dividends Sold: Repurchased
Current Period Exchanges) & Distributions Other (Incl. Exchanges)
(000's omitted) (000's omitted)
A) First month of period $ 4002 $ 364 $ 0 $ 705
B) Second month of period $ 867 $ 362 $ 0 $ 1075
C) Third month of period $ 5002 $ 420 $ 0 $ 756
D) Fourth month of period $ 4102 $ 442 $ 0 $ 501
E) Fifth month of period $ 1002 $ 412 $ 0 $ 400
F) Sixth month of period $ 4000 $ 432 $ 0 $ 2722
G) Total $ 18975 $ 2432 $ 0 $ 6159
H) Total NAV of Registrant's/Series' share sales during the
period subject to a sales load (000's omitted) $ 0
(Note: 28H is the total of six months and must be
less than or equal to 28G1 + 28G2 + 28G3)
SCREEN NUMBER: 17
This page being
28. Monthly Sales and Repurchases of filed for series 3.
Registrant's/Series' Shares:
Total NAV Total NAV Total NAV
of Shares of Shares Total NAV of Shares
Sold: New Sold: Reinv. of Shares Redeemed and
Month of Sales (Incl. of Dividends Sold: Repurchased
Current Period Exchanges) & Distributions Other (Incl. Exchanges)
(000's omitted) (000's omitted)
A) First month of period $ 97 $ 0 $ 0 $ 193
B) Second month of period $ 794 $ 0 $ 0 $ 629
C) Third month of period $ 778 $ 342 $ 0 $ 1600
D) Fourth month of period $ 797 $ 0 $ 0 $ 216
E) Fifth month of period $ 1099 $ 0 $ 0 $ 3964
F) Sixth month of period $ 2132 $ 463 $ 0 $ 250
G) Total $ 5697 $ 805 $ 0 $ 6852
H) Total NAV of Registrant's/Series' share sales during the
period subject to a sales load (000's omitted) $ 0
(Note: 28H is the total of six months and must be
less than or equal to 28G1 + 28G2 + 28G3)
SCREEN NUMBER: 17
This page being
28. Monthly Sales and Repurchases of filed for series 4.
Registrant's/Series' Shares:
Total NAV Total NAV Total NAV
of Shares of Shares Total NAV of Shares
Sold: New Sold: Reinv. of Shares Redeemed and
Month of Sales (Incl. of Dividends Sold: Repurchased
Current Period Exchanges) & Distributions Other (Incl. Exchanges)
(000's omitted) (000's omitted)
A) First month of period $ 0 $ 0 $ 0 $ 110
B) Second month of period $ 0 $ 0 $ 0 $ 30
C) Third month of period $ 0 $ 256 $ 0 $ 2500
D) Fourth month of period $ 0 $ 0 $ 0 $ 115
E) Fifth month of period $ 0 $ 0 $ 0 $ 2214
F) Sixth month of period $ 0 $ 331 $ 0 $ 0
G) Total $ 0 $ 587 $ 0 $ 4969
H) Total NAV of Registrant's/Series' share sales during the
period subject to a sales load (000's omitted) $ 0
(Note: 28H is the total of six months and must be
less than or equal to 28G1 + 28G2 + 28G3)
SCREEN NUMBER: 17
This page being
filed for ALL series.
54. Indicate below whether services were supplied or paid for wholly or in
substantial part by investment adviser(s) or administrator(s) in
connection with the advisory or administrative contract(s) but for which
the adviser(s) or administrator(s) are not reimbursed by the Registrant:
(Y or N)
A) Occupancy and office rental ------------------------------------------ Y
B) Clerical and bookkeeping services ------------------------------------ Y
C) Accounting services -------------------------------------------------- N
D) Services of independent auditors ------------------------------------- N
E) Services of outside counsel ------------------------------------------ Y
F) Registration and filing fees ----------------------------------------- Y
G) Stationery, supplies and printing ------------------------------------ Y
H) Salaries & compensation of Registrant's interested directors --------- N
I) Salaries & compensation of Registrant's disinterested directors ------ Y
J) Salaries & compensation of Registrant's officers who are not directors Y
K) Reports to current shareholders -------------------------------------- Y
L) Determination of offering and redemption prices ---------------------- Y
M) Trading department --------------------------------------------------- N
N) Prospectus preparation and printing for current shareholders --------- Y
O) Other ---------------------------------------------------------------- N
SCREEN NUMBER: 25
This page being
filed for ALL series.
MISCELLANEOUS INFORMATION
55. Did Registrant/Series have any of the following
outstanding at any time during the current period (Y or N)
which exceeded 1% of aggregate net assets?
A) Overdrafts -------------------------------------------------- N
B) Bank Loans -------------------------------------------------- N
56. During the period did the Registrant's/Series' investment adviser(s)
have advisory clients other than investment companies? --------- Y
57. Did the Registrant/Series adjust the number of its shares
outstanding by means of a stock split or stock dividend? ------- N
SCREEN NUMBER: 26
This page being
CLASSIFICATION filed for ALL series.
(Y or N)
58.A) Is Registrant/Series a separate account of an insurance company? N
If answer is 'Y' (Yes), are any of the following types
of contracts funded by the Registrant:
B) Variable annuity contracts? ---------------------------------
C) Scheduled premium variable life contracts? ------------------
D) Flexible premium variable life contracts? -------------------
E) Other types of insurance products registered under
the Securities Act of 1933? ---------------------------------
59. Is Registrant/Series a management investment company? ------------ Y
60.A) Was Registrant/Series a diversified investment company at any
time during the reporting period? ------------------------------ Y
B) Is Registrant/Series a diversified investment company as of the
end of the reporting period? ----------------------------------- Y
61. What is the lowest minimum initial investment required by
Registrant/Series from an investor that is not an employee or
otherwise affiliated with the Registrant/Series, its adviser,
principal underwriter or other affiliated entity? $ 1000000
SCREEN NUMBER: 27
62.A) Does the Registrant/Series invest primarily in This page being
debt securities, including convertible debt filed for series 1.
securities, options & futures on debt
securities or indices of debt securities? (Y or N) ----------- Y
NOTE: If answer is 'N' (No), jump to Screen Number 30.
If answer is 'Y' (Yes), state the percentage of net assets
in each type at the end of the current period:
SHORT-TERM MATURITIES
B) U.S. Treasury 0.0% C) U.S. Government Agency 0.3%
D) Repurchase agreements 0.0% F) Bank Certificates of
E) State and Municipal tax-free 0.0% deposit-Domestic 0.0%
G) Bank Certificates of deposit-Foreign 0.0% H) Bankers acceptances 0.0%
I) Commercial paper taxable 18.2% J) Time deposits 0.0%
K) Options 0.0% L) All other -16.2%
INTERMEDIATE & LONG-TERM MATURITIES
M) U.S. Treasury 28.6% N) U.S. Government Agency 32.4%
O) State and Municipal tax-free 0.0% P) Corporate 35.3%
Q) All other 0.5%
R) Investments other than debt securities 0.0%
SCREEN NUMBER: 28
62.A) Does the Registrant/Series invest primarily in This page being
debt securities, including convertible debt filed for series 2.
securities, options & futures on debt
securities or indices of debt securities? (Y or N) ----------- Y
NOTE: If answer is 'N' (No), jump to Screen Number 30.
If answer is 'Y' (Yes), state the percentage of net assets
in each type at the end of the current period:
SHORT-TERM MATURITIES
B) U.S. Treasury 0.0% C) U.S. Government Agency 0.0%
D) Repurchase agreements 0.0% F) Bank Certificates of
E) State and Municipal tax-free 0.0% deposit-Domestic 0.0%
G) Bank Certificates of deposit-Foreign 0.0% H) Bankers acceptances 0.0%
I) Commercial paper taxable 0.3% J) Time deposits 0.0%
K) Options 0.0% L) All other 1.5%
INTERMEDIATE & LONG-TERM MATURITIES
M) U.S. Treasury 59.2% N) U.S. Government Agency 8.7%
O) State and Municipal tax-free 0.0% P) Corporate 30.3%
Q) All other 0.0%
R) Investments other than debt securities 0.0%
SCREEN NUMBER: 28
62.A) Does the Registrant/Series invest primarily in This page being
debt securities, including convertible debt filed for series 3.
securities, options & futures on debt
securities or indices of debt securities? (Y or N) ----------- N
NOTE: If answer is 'N' (No), jump to Screen Number 30.
If answer is 'Y' (Yes), state the percentage of net assets
in each type at the end of the current period:
SHORT-TERM MATURITIES
B) U.S. Treasury 0.0% C) U.S. Government Agency 0.0%
D) Repurchase agreements 0.0% F) Bank Certificates of
E) State and Municipal tax-free 0.0% deposit-Domestic 0.0%
G) Bank Certificates of deposit-Foreign 0.0% H) Bankers acceptances 0.0%
I) Commercial paper taxable 0.0% J) Time deposits 0.0%
K) Options 0.0% L) All other 0.0%
INTERMEDIATE & LONG-TERM MATURITIES
M) U.S. Treasury 0.0% N) U.S. Government Agency 0.0%
O) State and Municipal tax-free 0.0% P) Corporate 0.0%
Q) All other 0.0%
R) Investments other than debt securities 0.0%
SCREEN NUMBER: 28
62.A) Does the Registrant/Series invest primarily in This page being
debt securities, including convertible debt filed for series 4.
securities, options & futures on debt
securities or indices of debt securities? (Y or N) ----------- N
NOTE: If answer is 'N' (No), jump to Screen Number 30.
If answer is 'Y' (Yes), state the percentage of net assets
in each type at the end of the current period:
SHORT-TERM MATURITIES
B) U.S. Treasury 0.0% C) U.S. Government Agency 0.0%
D) Repurchase agreements 0.0% F) Bank Certificates of
E) State and Municipal tax-free 0.0% deposit-Domestic 0.0%
G) Bank Certificates of deposit-Foreign 0.0% H) Bankers acceptances 0.0%
I) Commercial paper taxable 0.0% J) Time deposits 0.0%
K) Options 0.0% L) All other 0.0%
INTERMEDIATE & LONG-TERM MATURITIES
M) U.S. Treasury 0.0% N) U.S. Government Agency 0.0%
O) State and Municipal tax-free 0.0% P) Corporate 0.0%
Q) All other 0.0%
R) Investments other than debt securities 0.0%
SCREEN NUMBER: 28
This page being
filed for series 1.
63. State the dollar weighted average portfolio maturity at the end of the
period covered by this report in days or, if longer than 1 yr.,
in years to one decimal place: A: 0 days
B:11.6 years
64.A) Is the timely payment of principal and interest on any of the
instruments listed in item 62 insured or guaranteed by an entity
other than the issuer? (Y or N) ----------------------------------- N
B) Is the issuer of any instrument covered in item 62 delinquent or
in default as to payment of principal or interest at the end of
the current period? (Y or N) -------------------------------------- N
[If answer is 'N' (No), jump to screen 30 for your next screen.]
65. In computations of NAV per share, is any part of the value
attributed to instruments identified in sub-item 64B derived
from insurance or guarantees? (Y or N) ------------------------------
SCREEN NUMBER: 29
This page being
filed for series 2.
63. State the dollar weighted average portfolio maturity at the end of the
period covered by this report in days or, if longer than 1 yr.,
in years to one decimal place: A: 0 days
B: 1.8 years
64.A) Is the timely payment of principal and interest on any of the
instruments listed in item 62 insured or guaranteed by an entity
other than the issuer? (Y or N) ----------------------------------- N
B) Is the issuer of any instrument covered in item 62 delinquent or
in default as to payment of principal or interest at the end of
the current period? (Y or N) -------------------------------------- N
[If answer is 'N' (No), jump to screen 30 for your next screen.]
65. In computations of NAV per share, is any part of the value
attributed to instruments identified in sub-item 64B derived
from insurance or guarantees? (Y or N) ------------------------------
SCREEN NUMBER: 29
66.A) Is the Registrant/Series a fund that This page being
usually invests in equity securities, filed for series 1.
options & futures on equity securities,
indices of equity securities or securities
convertible into equity securities? ----------------------------- N
If answer is 'N', go to item 67. Otherwise place a 'Y' on the line below which
best describes its primary investment objective (place an 'N' on other lines).
B) Aggressive capital appreciation ---------------------------
C) Capital appreciation --------------------------------------
D) Growth ----------------------------------------------------
E) Growth and income -----------------------------------------
F) Income ----------------------------------------------------
G) Total return ----------------------------------------------
67. Is the Registrant/Series a balanced fund? (Y or N) ---------------- N
68. Does the Registrant/Series have more than 50% of its net assets
at the end of the current period invested in:
A) The securities of issuers engaged primarily in the pro-
duction or distribution of precious metals? (Y or N) ------ N
B) The securities of issuers located primarily in countries
other than the United States? (Y or N) -------------------- N
69. Is the Registrant/Series an index fund? (Y or N) ------------------ N
SCREEN NUMBER: 30
66.A) Is the Registrant/Series a fund that This page being
usually invests in equity securities, filed for series 2.
options & futures on equity securities,
indices of equity securities or securities
convertible into equity securities? ----------------------------- N
If answer is 'N', go to item 67. Otherwise place a 'Y' on the line below which
best describes its primary investment objective (place an 'N' on other lines).
B) Aggressive capital appreciation ---------------------------
C) Capital appreciation --------------------------------------
D) Growth ----------------------------------------------------
E) Growth and income -----------------------------------------
F) Income ----------------------------------------------------
G) Total return ----------------------------------------------
67. Is the Registrant/Series a balanced fund? (Y or N) ---------------- N
68. Does the Registrant/Series have more than 50% of its net assets
at the end of the current period invested in:
A) The securities of issuers engaged primarily in the pro-
duction or distribution of precious metals? (Y or N) ------ N
B) The securities of issuers located primarily in countries
other than the United States? (Y or N) -------------------- N
69. Is the Registrant/Series an index fund? (Y or N) ------------------ N
SCREEN NUMBER: 30
66.A) Is the Registrant/Series a fund that This page being
usually invests in equity securities, filed for series 3.
options & futures on equity securities,
indices of equity securities or securities
convertible into equity securities? ----------------------------- Y
If answer is 'N', go to item 67. Otherwise place a 'Y' on the line below which
best describes its primary investment objective (place an 'N' on other lines).
B) Aggressive capital appreciation --------------------------- N
C) Capital appreciation -------------------------------------- N
D) Growth ---------------------------------------------------- Y
E) Growth and income ----------------------------------------- N
F) Income ---------------------------------------------------- N
G) Total return ---------------------------------------------- N
67. Is the Registrant/Series a balanced fund? (Y or N) ---------------- N
68. Does the Registrant/Series have more than 50% of its net assets
at the end of the current period invested in:
A) The securities of issuers engaged primarily in the pro-
duction or distribution of precious metals? (Y or N) ------ N
B) The securities of issuers located primarily in countries
other than the United States? (Y or N) -------------------- N
69. Is the Registrant/Series an index fund? (Y or N) ------------------ N
SCREEN NUMBER: 30
66.A) Is the Registrant/Series a fund that This page being
usually invests in equity securities, filed for series 4.
options & futures on equity securities,
indices of equity securities or securities
convertible into equity securities? ----------------------------- Y
If answer is 'N', go to item 67. Otherwise place a 'Y' on the line below which
best describes its primary investment objective (place an 'N' on other lines).
B) Aggressive capital appreciation --------------------------- N
C) Capital appreciation -------------------------------------- N
D) Growth ---------------------------------------------------- N
E) Growth and income ----------------------------------------- N
F) Income ---------------------------------------------------- N
G) Total return ---------------------------------------------- Y
67. Is the Registrant/Series a balanced fund? (Y or N) ---------------- Y
68. Does the Registrant/Series have more than 50% of its net assets
at the end of the current period invested in:
A) The securities of issuers engaged primarily in the pro-
duction or distribution of precious metals? (Y or N) ------ N
B) The securities of issuers located primarily in countries
other than the United States? (Y or N) -------------------- N
69. Is the Registrant/Series an index fund? (Y or N) ------------------ N
SCREEN NUMBER: 30
This page being
INVESTMENT PRACTICES filed for series 1.
70. Activity Permitted by invest- Engaged in
ment policies? this period?
(Y or N) (Y or N)
A) Writing or investing in repurchase agreements Y N
B) Writing or investing in options on equities N N
C) Writing or investing in options on debt securities Y Y
D) Writing or investing in options on stock indices N N
E) Writing or investing in interest rate futures Y Y
F) Writing or investing in stock index futures N N
G) Writing or investing in options on futures Y Y
H) Writing or investing in options on stock index futures N N
I) Writing or investing in other commodity futures N N
J) Investments in restricted securities Y N
K) Investments in shares of other investment companies N N
L) Investments in securities of foreign issuers Y N
M) Currency exchange transactions Y N
N) Loaning portfolio securities Y N
O) Borrowing of money Y N
P) Purchases/sales by certain exempted affiliated persons Y N
Q) Margin purchases N N
R) Short selling N N
SCREEN NUMBER: 31
This page being
INVESTMENT PRACTICES filed for series 2.
70. Activity Permitted by invest- Engaged in
ment policies? this period?
(Y or N) (Y or N)
A) Writing or investing in repurchase agreements Y N
B) Writing or investing in options on equities N N
C) Writing or investing in options on debt securities Y N
D) Writing or investing in options on stock indices N N
E) Writing or investing in interest rate futures Y N
F) Writing or investing in stock index futures N N
G) Writing or investing in options on futures Y N
H) Writing or investing in options on stock index futures N N
I) Writing or investing in other commodity futures N N
J) Investments in restricted securities Y N
K) Investments in shares of other investment companies N N
L) Investments in securities of foreign issuers Y N
M) Currency exchange transactions Y N
N) Loaning portfolio securities Y N
O) Borrowing of money Y N
P) Purchases/sales by certain exempted affiliated persons Y N
Q) Margin purchases N N
R) Short selling N N
SCREEN NUMBER: 31
This page being
INVESTMENT PRACTICES filed for series 3.
70. Activity Permitted by invest- Engaged in
ment policies? this period?
(Y or N) (Y or N)
A) Writing or investing in repurchase agreements Y N
B) Writing or investing in options on equities Y N
C) Writing or investing in options on debt securities N N
D) Writing or investing in options on stock indices Y N
E) Writing or investing in interest rate futures N N
F) Writing or investing in stock index futures Y N
G) Writing or investing in options on futures Y N
H) Writing or investing in options on stock index futures Y N
I) Writing or investing in other commodity futures N N
J) Investments in restricted securities Y N
K) Investments in shares of other investment companies N N
L) Investments in securities of foreign issuers Y N
M) Currency exchange transactions Y N
N) Loaning portfolio securities Y N
O) Borrowing of money Y N
P) Purchases/sales by certain exempted affiliated persons Y N
Q) Margin purchases N N
R) Short selling N N
SCREEN NUMBER: 31
This page being
INVESTMENT PRACTICES filed for series 4.
70. Activity Permitted by invest- Engaged in
ment policies? this period?
(Y or N) (Y or N)
A) Writing or investing in repurchase agreements Y N
B) Writing or investing in options on equities Y N
C) Writing or investing in options on debt securities Y Y
D) Writing or investing in options on stock indices Y N
E) Writing or investing in interest rate futures Y N
F) Writing or investing in stock index futures Y Y
G) Writing or investing in options on futures Y Y
H) Writing or investing in options on stock index futures Y N
I) Writing or investing in other commodity futures N N
J) Investments in restricted securities Y N
K) Investments in shares of other investment companies N N
L) Investments in securities of foreign issuers Y N
M) Currency exchange transactions Y N
N) Loaning portfolio securities Y N
O) Borrowing of money Y N
P) Purchases/sales by certain exempted affiliated persons Y N
Q) Margin purchases N N
R) Short selling N N
SCREEN NUMBER: 31
This page being
71. Portfolio turnover rate for the current filed for series 1.
reporting period
A) Purchases ($000's omitted) ---------------------------------- $ 250868
B) Sales [including all maturities] ($000's omitted) ----------- $ 237820
C) Monthly average value of portfolio ($000's omitted) --------- $ 86920
D) Percent turnover (use lesser of 71A) or 71B) divided by 71C)) 274%
NOTE: Item 71D) should be a whole number; round if necessary.
FINANCIAL INFORMATION
72.A) How many months do the answers to 72 and 73 cover? ----------- 12 months
INCOME (000's omitted)
B) Net interest income ----------------------------------------- $ 4597
C) Net dividend income ----------------------------------------- $ 0
D) Account maintenance fees ------------------------------------ $ 0
E) Net other income -------------------------------------------- $ 0
EXPENSES
F) Advisory fees ----------------------------------------------- $ 6
G) Administrator(s) fees --------------------------------------- $ 0
(Negative answers are allowed)
H) Salaries and other compensation ----------------------------- $ 0
SCREEN NUMBER: 32
This page being
71. Portfolio turnover rate for the current filed for series 2.
reporting period
A) Purchases ($000's omitted) ---------------------------------- $ 182615
B) Sales [including all maturities] ($000's omitted) ----------- $ 205738
C) Monthly average value of portfolio ($000's omitted) --------- $ 103302
D) Percent turnover (use lesser of 71A) or 71B) divided by 71C)) 177%
NOTE: Item 71D) should be a whole number; round if necessary.
FINANCIAL INFORMATION
72.A) How many months do the answers to 72 and 73 cover? ----------- 12 months
INCOME (000's omitted)
B) Net interest income ----------------------------------------- $ 5543
C) Net dividend income ----------------------------------------- $ 0
D) Account maintenance fees ------------------------------------ $ 0
E) Net other income -------------------------------------------- $ 0
EXPENSES
F) Advisory fees ----------------------------------------------- $ 0
G) Administrator(s) fees --------------------------------------- $ 7
(Negative answers are allowed)
H) Salaries and other compensation ----------------------------- $ 0
SCREEN NUMBER: 32
This page being
71. Portfolio turnover rate for the current filed for series 3.
reporting period
A) Purchases ($000's omitted) ---------------------------------- $ 101845
B) Sales [including all maturities] ($000's omitted) ----------- $ 80212
C) Monthly average value of portfolio ($000's omitted) --------- $ 107879
D) Percent turnover (use lesser of 71A) or 71B) divided by 71C)) 74%
NOTE: Item 71D) should be a whole number; round if necessary.
FINANCIAL INFORMATION
72.A) How many months do the answers to 72 and 73 cover? ----------- 12 months
INCOME (000's omitted)
B) Net interest income ----------------------------------------- $ 134
C) Net dividend income ----------------------------------------- $ 1551
D) Account maintenance fees ------------------------------------ $ 0
E) Net other income -------------------------------------------- $ 0
EXPENSES
F) Advisory fees ----------------------------------------------- $ 0
G) Administrator(s) fees --------------------------------------- $ 7
(Negative answers are allowed)
H) Salaries and other compensation ----------------------------- $ 0
SCREEN NUMBER: 32
This page being
71. Portfolio turnover rate for the current filed for series 4.
reporting period
A) Purchases ($000's omitted) ---------------------------------- $ 135483
B) Sales [including all maturities] ($000's omitted) ----------- $ 138361
C) Monthly average value of portfolio ($000's omitted) --------- $ 65631
D) Percent turnover (use lesser of 71A) or 71B) divided by 71C)) 206%
NOTE: Item 71D) should be a whole number; round if necessary.
FINANCIAL INFORMATION
72.A) How many months do the answers to 72 and 73 cover? ----------- 12 months
INCOME (000's omitted)
B) Net interest income ----------------------------------------- $ 1122
C) Net dividend income ----------------------------------------- $ 516
D) Account maintenance fees ------------------------------------ $ 0
E) Net other income -------------------------------------------- $ 0
EXPENSES
F) Advisory fees ----------------------------------------------- $ 0
G) Administrator(s) fees --------------------------------------- $ 4
(Negative answers are allowed)
H) Salaries and other compensation ----------------------------- $ 0
SCREEN NUMBER: 32
This page being
FINANCIAL INFORMATION (Cont. from Screen 32) filed for series 1.
EXPENSES (Negative answers are allowed) For the period covered by this form
($000's omitted)
72.I) Shareholder servicing agent fees ------------------- $ 11
J) Custodian fees ------------------------------------- $ 26
K) Postage -------------------------------------------- $ 0
L) Printing expenses ---------------------------------- $ 0
M) Directors' fees ------------------------------------ $ 5
N) Registration fees ---------------------------------- $ 0
O) Taxes ---------------------------------------------- $ 0
P) Interest ------------------------------------------- $ 0
Q) Bookkeeping fees paid to anyone
performing this service ---------------------------- $ 49
R) Auditing fees -------------------------------------- $ 13
S) Legal fees ----------------------------------------- $ 6
T) Marketing/distribution payments including
payments pursuant to a rule 12b-1 plan ------------- $ 0
U) Amortization of organization expenses -------------- $ 0
V) Shareholder meeting expenses ----------------------- $ 0
W) Other expenses ------------------------------------- $ 8
X) Total expenses ------------------------------------- $ 124
SCREEN NUMBER: 33
This page being
FINANCIAL INFORMATION (Cont. from Screen 32) filed for series 2.
EXPENSES (Negative answers are allowed) For the period covered by this form
($000's omitted)
72.I) Shareholder servicing agent fees ------------------- $ 15
J) Custodian fees ------------------------------------- $ 20
K) Postage -------------------------------------------- $ 0
L) Printing expenses ---------------------------------- $ 0
M) Directors' fees ------------------------------------ $ 12
N) Registration fees ---------------------------------- $ 0
O) Taxes ---------------------------------------------- $ 0
P) Interest ------------------------------------------- $ 0
Q) Bookkeeping fees paid to anyone
performing this service ---------------------------- $ 42
R) Auditing fees -------------------------------------- $ 13
S) Legal fees ----------------------------------------- $ 6
T) Marketing/distribution payments including
payments pursuant to a rule 12b-1 plan ------------- $ 0
U) Amortization of organization expenses -------------- $ 0
V) Shareholder meeting expenses ----------------------- $ 0
W) Other expenses ------------------------------------- $ 6
X) Total expenses ------------------------------------- $ 121
SCREEN NUMBER: 33
This page being
FINANCIAL INFORMATION (Cont. from Screen 32) filed for series 3.
EXPENSES (Negative answers are allowed) For the period covered by this form
($000's omitted)
72.I) Shareholder servicing agent fees ------------------- $ 16
J) Custodian fees ------------------------------------- $ 24
K) Postage -------------------------------------------- $ 0
L) Printing expenses ---------------------------------- $ 0
M) Directors' fees ------------------------------------ $ 5
N) Registration fees ---------------------------------- $ 0
O) Taxes ---------------------------------------------- $ 0
P) Interest ------------------------------------------- $ 0
Q) Bookkeeping fees paid to anyone
performing this service ---------------------------- $ 36
R) Auditing fees -------------------------------------- $ 13
S) Legal fees ----------------------------------------- $ 0
T) Marketing/distribution payments including
payments pursuant to a rule 12b-1 plan ------------- $ 0
U) Amortization of organization expenses -------------- $ 0
V) Shareholder meeting expenses ----------------------- $ 0
W) Other expenses ------------------------------------- $ 13
X) Total expenses ------------------------------------- $ 114
SCREEN NUMBER: 33
This page being
FINANCIAL INFORMATION (Cont. from Screen 32) filed for series 4.
EXPENSES (Negative answers are allowed) For the period covered by this form
($000's omitted)
72.I) Shareholder servicing agent fees ------------------- $ 9
J) Custodian fees ------------------------------------- $ 30
K) Postage -------------------------------------------- $ 0
L) Printing expenses ---------------------------------- $ 0
M) Directors' fees ------------------------------------ $ 6
N) Registration fees ---------------------------------- $ 0
O) Taxes ---------------------------------------------- $ 0
P) Interest ------------------------------------------- $ 0
Q) Bookkeeping fees paid to anyone
performing this service ---------------------------- $ 31
R) Auditing fees -------------------------------------- $ 13
S) Legal fees ----------------------------------------- $ 0
T) Marketing/distribution payments including
payments pursuant to a rule 12b-1 plan ------------- $ 0
U) Amortization of organization expenses -------------- $ 0
V) Shareholder meeting expenses ----------------------- $ 0
W) Other expenses ------------------------------------- $ 14
X) Total expenses ------------------------------------- $ 107
SCREEN NUMBER: 33
This page being
FINANCIAL INFORMATION (Cont. from Screen 33) filed for series 1.
EXPENSES (Negative answers are allowed For the period covered by this form
on this screen for 72Z only) ($000's omitted)
72.Y) Expense reimbursements ----------------------------- $ 0
Z) Net investment income ------------------------------ $ 4473
AA) Realized capital gains ----------------------------- $ 1969
BB) Realized capital losses ---------------------------- $ 1929
CC) 1. Net unrealized appreciation during the period --- $ 0
2. Net unrealized depreciation during the period --- $ 2455
DD) 1. Total income dividends for which record date
passed during the period ------------------------ $ 4473
2. Dividends for a second class of open-end
company shares -----------------------------------$ 0
EE) Total capital gains distributions for which
record date passed during the period --------------- $ 0
73. Distributions per share for which record date passed during the period:
NOTE: Show in fractions of a cent if so declared.
A) 1. Dividends from net investment income ------------ $ 0.5993
2. Dividends for a second class of open-end
company shares ---------------------------------- $ 0.0000
B) Distribution of capital gains ---------------------- $ 0.0000
C) Other distributions -------------------------------- $ 0.0000
SCREEN NUMBER: 34
This page being
FINANCIAL INFORMATION (Cont. from Screen 33) filed for series 2.
EXPENSES (Negative answers are allowed For the period covered by this form
on this screen for 72Z only) ($000's omitted)
72.Y) Expense reimbursements ----------------------------- $ 0
Z) Net investment income ------------------------------ $ 5422
AA) Realized capital gains ----------------------------- $ 1372
BB) Realized capital losses ---------------------------- $ 298
CC) 1. Net unrealized appreciation during the period --- $ 0
2. Net unrealized depreciation during the period --- $ 1148
DD) 1. Total income dividends for which record date
passed during the period ------------------------ $ 5422
2. Dividends for a second class of open-end
company shares -----------------------------------$ 0
EE) Total capital gains distributions for which
record date passed during the period --------------- $ 0
73. Distributions per share for which record date passed during the period:
NOTE: Show in fractions of a cent if so declared.
A) 1. Dividends from net investment income ------------ $ 0.5349
2. Dividends for a second class of open-end
company shares ---------------------------------- $ 0.0000
B) Distribution of capital gains ---------------------- $ 0.0000
C) Other distributions -------------------------------- $ 0.0000
SCREEN NUMBER: 34
This page being
FINANCIAL INFORMATION (Cont. from Screen 33) filed for series 3.
EXPENSES (Negative answers are allowed For the period covered by this form
on this screen for 72Z only) ($000's omitted)
72.Y) Expense reimbursements ----------------------------- $ 0
Z) Net investment income ------------------------------ $ 1571
AA) Realized capital gains ----------------------------- $ 17791
BB) Realized capital losses ---------------------------- $ 7135
CC) 1. Net unrealized appreciation during the period --- $ 8584
2. Net unrealized depreciation during the period --- $ 0
DD) 1. Total income dividends for which record date
passed during the period ------------------------ $ 1584
2. Dividends for a second class of open-end
company shares -----------------------------------$ 0
EE) Total capital gains distributions for which
record date passed during the period --------------- $ 8636
73. Distributions per share for which record date passed during the period:
NOTE: Show in fractions of a cent if so declared.
A) 1. Dividends from net investment income ------------ $ 0.2920
2. Dividends for a second class of open-end
company shares ---------------------------------- $ 0.0000
B) Distribution of capital gains ---------------------- $ 1.6436
C) Other distributions -------------------------------- $ 0.0000
SCREEN NUMBER: 34
This page being
FINANCIAL INFORMATION (Cont. from Screen 33) filed for series 4.
EXPENSES (Negative answers are allowed For the period covered by this form
on this screen for 72Z only) ($000's omitted)
72.Y) Expense reimbursements ----------------------------- $ 0
Z) Net investment income ------------------------------ $ 1531
AA) Realized capital gains ----------------------------- $ 11745
BB) Realized capital losses ---------------------------- $ 4430
CC) 1. Net unrealized appreciation during the period --- $ 0
2. Net unrealized depreciation during the period --- $ 693
DD) 1. Total income dividends for which record date
passed during the period ------------------------ $ 1543
2. Dividends for a second class of open-end
company shares -----------------------------------$ 0
EE) Total capital gains distributions for which
record date passed during the period --------------- $ 5761
73. Distributions per share for which record date passed during the period:
NOTE: Show in fractions of a cent if so declared.
A) 1. Dividends from net investment income ------------ $ 0.3640
2. Dividends for a second class of open-end
company shares ---------------------------------- $ 0.0000
B) Distribution of capital gains ---------------------- $ 1.3748
C) Other distributions -------------------------------- $ 0.0000
SCREEN NUMBER: 34
This page being
filed for series 1.
As of the end of current reporting
74. Condensed balance sheet data: period (000's omitted except
for per share amounts)
A) Cash ----------------------------------------------- $ 1
B) Repurchase agreements ------------------------------ $ 0
C) Short-term debt securities other than
repurchase agreements ------------------------------ $ 13555
D) Long-term debt securities including
convertible debt------------------------------------ $ 71386
E) Preferred, convertible preferred, and
adjustable rate preferred stock -------------------- $ 396
F) Common stock --------------------------------------- $ 0
G) Options on equities -------------------------------- $ 0
H) Options on all futures ----------------------------- $ 0
I) Other investments ---------------------------------- $ 0
J) Receivables from portfolio instruments sold -------- $ 440
K) Receivables from affiliated persons ---------------- $ 0
L) Other receivables ---------------------------------- $ 986
M) All other assets ----------------------------------- $ 0
N) Total assets --------------------------------------- $ 86764
SCREEN NUMBER: 35
This page being
filed for series 2.
As of the end of current reporting
74. Condensed balance sheet data: period (000's omitted except
for per share amounts)
A) Cash ----------------------------------------------- $ 1
B) Repurchase agreements ------------------------------ $ 0
C) Short-term debt securities other than
repurchase agreements ------------------------------ $ 286
D) Long-term debt securities including
convertible debt------------------------------------ $ 102803
E) Preferred, convertible preferred, and
adjustable rate preferred stock -------------------- $ 0
F) Common stock --------------------------------------- $ 0
G) Options on equities -------------------------------- $ 0
H) Options on all futures ----------------------------- $ 0
I) Other investments ---------------------------------- $ 0
J) Receivables from portfolio instruments sold -------- $ 0
K) Receivables from affiliated persons ---------------- $ 0
L) Other receivables ---------------------------------- $ 1592
M) All other assets ----------------------------------- $ 9
N) Total assets --------------------------------------- $ 104691
SCREEN NUMBER: 35
This page being
filed for series 3.
As of the end of current reporting
74. Condensed balance sheet data: period (000's omitted except
for per share amounts)
A) Cash ----------------------------------------------- $ 0
B) Repurchase agreements ------------------------------ $ 0
C) Short-term debt securities other than
repurchase agreements ------------------------------ $ 3467
D) Long-term debt securities including
convertible debt------------------------------------ $ 0
E) Preferred, convertible preferred, and
adjustable rate preferred stock -------------------- $ 0
F) Common stock --------------------------------------- $ 122990
G) Options on equities -------------------------------- $ 0
H) Options on all futures ----------------------------- $ 0
I) Other investments ---------------------------------- $ 0
J) Receivables from portfolio instruments sold -------- $ 400
K) Receivables from affiliated persons ---------------- $ 0
L) Other receivables ---------------------------------- $ 99
M) All other assets ----------------------------------- $ 10
N) Total assets --------------------------------------- $ 126966
SCREEN NUMBER: 35
This page being
filed for series 4.
As of the end of current reporting
74. Condensed balance sheet data: period (000's omitted except
for per share amounts)
A) Cash ----------------------------------------------- $ 0
B) Repurchase agreements ------------------------------ $ 0
C) Short-term debt securities other than
repurchase agreements ------------------------------ $ 6431
D) Long-term debt securities including
convertible debt------------------------------------ $ 15335
E) Preferred, convertible preferred, and
adjustable rate preferred stock -------------------- $ 250
F) Common stock --------------------------------------- $ 46109
G) Options on equities -------------------------------- $ 0
H) Options on all futures ----------------------------- $ 0
I) Other investments ---------------------------------- $ 0
J) Receivables from portfolio instruments sold -------- $ 1199
K) Receivables from affiliated persons ---------------- $ 0
L) Other receivables ---------------------------------- $ 183
M) All other assets ----------------------------------- $ 17
N) Total assets --------------------------------------- $ 69524
SCREEN NUMBER: 35
This page being
(Continued from Screen 35) filed for series 1.
Condensed balance sheet data: As of the end of current reporting
period (000's omitted except for per
share amounts and number of accounts)
74.O) Payables for portfolio instruments purchased ----------------- $ 13286
P) Amounts owed to affiliated persons --------------------------- $ 0
Q) Senior long-term debt ---------------------------------------- $ 0
R) Other liabilities: 1. Reverse repurchase agreements --------- $ 0
2. Short sales --------------------------- $ 0
3. Written options ----------------------- $ 0
4. All other liabilities ----------------- $ 58
S) Senior equity ------------------------------------------------ $ 0
T) Net assets of common shareholders ---------------------------- $ 73420
U) 1. Number of shares outstanding ------------------------------ 7452
2. Number of shares outstanding of a second class of shares
of open-end company --------------------------------------- 0
V) 1. Net asset value per share (to nearest cent) --------------- $ 9.85
2. Net asset value per share of a second class of open-end
company shares (to nearest cent) -------------------------- $ 0.00
W) Mark-to-market net asset value per share
for money market funds only (to 4 decimals) ------------------ $ 0.0000
X) Total number of shareholder accounts ------------------------- 22
Y) Total value of assets in segregated accounts ----------------- $ 0
SCREEN NUMBER: 36
This page being
(Continued from Screen 35) filed for series 2.
Condensed balance sheet data: As of the end of current reporting
period (000's omitted except for per
share amounts and number of accounts)
74.O) Payables for portfolio instruments purchased ----------------- $ 0
P) Amounts owed to affiliated persons --------------------------- $ 0
Q) Senior long-term debt ---------------------------------------- $ 0
R) Other liabilities: 1. Reverse repurchase agreements --------- $ 0
2. Short sales --------------------------- $ 0
3. Written options ----------------------- $ 0
4. All other liabilities ----------------- $ 16
S) Senior equity ------------------------------------------------ $ 0
T) Net assets of common shareholders ---------------------------- $ 104675
U) 1. Number of shares outstanding ------------------------------ 10266
2. Number of shares outstanding of a second class of shares
of open-end company --------------------------------------- 0
V) 1. Net asset value per share (to nearest cent) --------------- $ 10.20
2. Net asset value per share of a second class of open-end
company shares (to nearest cent) -------------------------- $ 0.00
W) Mark-to-market net asset value per share
for money market funds only (to 4 decimals) ------------------ $ 0.0000
X) Total number of shareholder accounts ------------------------- 48
Y) Total value of assets in segregated accounts ----------------- $ 0
SCREEN NUMBER: 36
This page being
(Continued from Screen 35) filed for series 3.
Condensed balance sheet data: As of the end of current reporting
period (000's omitted except for per
share amounts and number of accounts)
74.O) Payables for portfolio instruments purchased ----------------- $ 69
P) Amounts owed to affiliated persons --------------------------- $ 0
Q) Senior long-term debt ---------------------------------------- $ 0
R) Other liabilities: 1. Reverse repurchase agreements --------- $ 0
2. Short sales --------------------------- $ 0
3. Written options ----------------------- $ 0
4. All other liabilities ----------------- $ 0
S) Senior equity ------------------------------------------------ $ 5
T) Net assets of common shareholders ---------------------------- $ 126892
U) 1. Number of shares outstanding ------------------------------ 5729
2. Number of shares outstanding of a second class of shares
of open-end company --------------------------------------- 0
V) 1. Net asset value per share (to nearest cent) --------------- $ 22.15
2. Net asset value per share of a second class of open-end
company shares (to nearest cent) -------------------------- $ 0.00
W) Mark-to-market net asset value per share
for money market funds only (to 4 decimals) ------------------ $ 0.0000
X) Total number of shareholder accounts ------------------------- 28
Y) Total value of assets in segregated accounts ----------------- $ 0
SCREEN NUMBER: 36
This page being
(Continued from Screen 35) filed for series 4.
Condensed balance sheet data: As of the end of current reporting
period (000's omitted except for per
share amounts and number of accounts)
74.O) Payables for portfolio instruments purchased ----------------- $ 6085
P) Amounts owed to affiliated persons --------------------------- $ 0
Q) Senior long-term debt ---------------------------------------- $ 0
R) Other liabilities: 1. Reverse repurchase agreements --------- $ 0
2. Short sales --------------------------- $ 0
3. Written options ----------------------- $ 0
4. All other liabilities ----------------- $ 138
S) Senior equity ------------------------------------------------ $ 0
T) Net assets of common shareholders ---------------------------- $ 63301
U) 1. Number of shares outstanding ------------------------------ 4309
2. Number of shares outstanding of a second class of shares
of open-end company --------------------------------------- 0
V) 1. Net asset value per share (to nearest cent) --------------- $ 14.69
2. Net asset value per share of a second class of open-end
company shares (to nearest cent) -------------------------- $ 0.00
W) Mark-to-market net asset value per share
for money market funds only (to 4 decimals) ------------------ $ 0.0000
X) Total number of shareholder accounts ------------------------- 11
Y) Total value of assets in segregated accounts ----------------- $ 0
SCREEN NUMBER: 36
This page being
filed for series 1.
75. Average net assets during the current reporting period
($000's omitted). Answer only one:
A) Daily average (for money market funds) ----------------------- $ 0
B) Monthly average (for all other funds) ----------------------- $ 75749
76. Market price per share at end of period (closed-end funds only) $ 0.00
SCREEN NUMBER: 37
This page being
filed for series 2.
75. Average net assets during the current reporting period
($000's omitted). Answer only one:
A) Daily average (for money market funds) ----------------------- $ 0
B) Monthly average (for all other funds) ----------------------- $ 102335
76. Market price per share at end of period (closed-end funds only) $ 0.00
SCREEN NUMBER: 37
This page being
filed for series 3.
75. Average net assets during the current reporting period
($000's omitted). Answer only one:
A) Daily average (for money market funds) ----------------------- $ 0
B) Monthly average (for all other funds) ----------------------- $ 110208
76. Market price per share at end of period (closed-end funds only) $ 0.00
SCREEN NUMBER: 37
This page being
filed for series 4.
75. Average net assets during the current reporting period
($000's omitted). Answer only one:
A) Daily average (for money market funds) ----------------------- $ 0
B) Monthly average (for all other funds) ----------------------- $ 60032
76. Market price per share at end of period (closed-end funds only) $ 0.00
SCREEN NUMBER: 37
77.A) Is the Registrant filing any of the following attachments
with the current filing of Form N-SAR? (ANSWER FOR ALL
SERIES AS A GROUP) (Y or N) ------------------------------- Y
NOTE: If answer is 'Y' (Yes), mark those items
below being filed as an attachment to this Filed as
form or incorporated by reference. Attachment
B) Accountant's report on internal control ------------------- Y
C) Matters submitted to a vote of security holders ----------- N
D) Policies with respect to security investment -------------- N
E) Legal proceedings ----------------------------------------- N
F) Changes in security for debt ------------------------------ N
G) Defaults and arrears on senior securities ----------------- N
H) Changes in control of Registrant -------------------------- N
I) Terms of new or amended securities ------------------------ N
J) Revaluation of assets or restatement of
capital share account ------------------------------------- N
K) Changes in Registrant's certifying account ---------------- N
L) Changes in accounting principles and practices ------------ N
M) Mergers --------------------------------------------------- N
N) Actions required to be reported pursuant to Rule 2a-7 ----- N
O) Transactions effected pursuant to Rule 10f-3 -------------- N
P) Information required to be filed pursuant
to exemptive orders --------------------------------------- N
(Item 77 continued on next screen)
SCREEN NUMBER: 38
ANNUAL SUPPLEMENT This page being
filed for ALL series.
Screens 41 & 42 are to be filed only once each
year, at the end of Registrant's/Series' fiscal year.
80. Fidelity bond(s) in effect at the end of the period:
A) Insurer name: CHUBB GROUP OF INSURANCE COMPANIES
B) Second insurer:
C) Aggregate face amount of coverage for Registrant/Series on
all bonds on which it is named as an insured (000's omitted): $ 2025
81. A) Is the bond part of a joint fidelity bond(s) shared
with other investment companies, or other entities? (Y or N) - Y
B) If answer to 81A is 'Y' (Yes), how many other
investment companies, or other entities are covered by the bond?
(Count each series as a separate investment company.) -------- 5
82. A) Does the mandatory coverage of the fidelity bond
have a deductible? (Y or N) ---------------------------------- N
B) If the answer to 82A is 'Y' (Yes), what is the
amount of the deductible? ($000's omitted) ------------------ $ 0
SCREEN NUMBER: 41
ANNUAL SUPPLEMENT (Continued) This page being
filed for ALL series.
83.A) Were any claims with respect to this Registrant/
Series filed under the bond during the period? (Y or N) -------- N
B) If the answer to 83 A) is 'Y' (Yes), what was the
total amount of such claims? ($000's omitted) ----------------- $ 0
84.A) Were any losses incurred with respect to this
Registrant/Series that could have been filed as a
claim under the fidelity bond but were not? (Y or N) ----------- N
B) If the answer to 84 A) is 'Y' (Yes), what was the
total amount of such losses? ($000's omitted) ----------------- $ 0
85.A) Are Registrant's/Series' officers and directors
covered as officers and directors of Registrant/Series
under any errors and omissions insurance policy
owned by the Registrant/Series or anyone else (Y or N) --------- Y
B) Were any claims filed under such policy during the
period with respect to the Registrant/Series? (Y or N) --------- N
SCREEN NUMBER: 42
Closed-End Investment Companies Only
86. Sales, repurchases, and redemptions of
Registrant's securities:
Number of Shares Net
or Principal Consideration
Amount of Debt Received or Paid
($000's omitted) ($000's omitted)
Common Stock:
A) Sales 0 $ 0
B) Repurchases 0 $ 0
Preferred Stock:
C) Sales 0 $ 0
D) Repurchases and Redemptions 0 $ 0
Debt Securities
E) Sales $ 0 $ 0
F) Repurchases and Redemptions $ 0 $ 0
SCREEN NUMBER: 43
To the Shareholders and
Board of Directors of
AHA Investment Funds, Inc.-
Full Maturity Fixed Income Portfolio
Limited Maturity Fixed Income Portfolio
Diversified Equity Portfolio
Balanced Portfolio:
In planning and performing our audit of the financial statements of AHA
INVESTMENT FUNDS, INC. (a Maryland corporation, comprising the Full Maturity
Fixed Income Portfolio, Limited Maturity Fixed Income Portfolio, Diversified
Equity Portfolio and Balanced Portfolio) for the year ended June 30, 1999, we
considered its internal control, including control activities for safeguarding
securities, in order to determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on internal control. The
management of AHA Investment Funds, Inc. is responsible for establishing and
maintaining internal control. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits and related
costs of control activities. Generally, control activities that are relevant to
an audit pertain to the entity's objective of preparing financial statements for
external purposes that are fairly presented in conformity with generally
accepted accounting principles. Those control activities include the
safeguarding of assets against unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or irregularities
may occur and not be detected. Also, projection of any evaluation of internal
control to future periods is subject to the risk that it may become inadequate
because of changes in conditions or that the effectiveness of the design and
operation may deteriorate. Our consideration of internal control would not
necessarily disclose all matters in internal control that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of any specific internal control component does not reduce to a
relatively low level the risk that errors or irregularities in amounts that
would be material in relation to the financial statements being audited may
occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving internal control, including control activities for safeguarding
securities, that we consider to be material weaknesses as defined above as of
June 30, 1999.
Chicago, Illinois
August 13, 1999
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000831957
<NAME> AHA INVESTMENT FUNDS, INC.
<SERIES>
<NUMBER> 01
<NAME> FULL MATURITY FIXED INCOME PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-START> JUL-01-1998
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 86,339
<INVESTMENTS-AT-VALUE> 85,338
<RECEIVABLES> 1,425
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 86,764
<PAYABLE-FOR-SECURITIES> 13,286
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<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,597
<OTHER-INCOME> 0
<EXPENSES-NET> 124
<NET-INVESTMENT-INCOME> 4,473
<REALIZED-GAINS-CURRENT> 39
<APPREC-INCREASE-CURRENT> (2,455)
<NET-CHANGE-FROM-OPS> 2,057
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,473
<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-SOLD> 1,036
<NUMBER-OF-SHARES-REDEEMED> 1,080
<SHARES-REINVESTED> 439
<NET-CHANGE-IN-ASSETS> 1,591
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1,059)
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 124
<AVERAGE-NET-ASSETS> 75,750
<PER-SHARE-NAV-BEGIN> 10.180
<PER-SHARE-NII> 0.600
<PER-SHARE-GAIN-APPREC> (0.330)
<PER-SHARE-DIVIDEND> 0.600
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.85
<EXPENSE-RATIO> 0.160
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000831957
<NAME> AHA INVESTMENT FUNDS, INC.
<SERIES>
<NUMBER> 02
<NAME> LIMITED MATURITY FIXED INCOME PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-START> JUL-01-1998
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 103,807
<INVESTMENTS-AT-VALUE> 103,089
<RECEIVABLES> 1,592
<ASSETS-OTHER> 10
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 104,691
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16
<TOTAL-LIABILITIES> 16
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 107,447
<SHARES-COMMON-STOCK> 10,267
<SHARES-COMMON-PRIOR> 12,687
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (2,054)
<ACCUM-APPREC-OR-DEPREC> (718)
<NET-ASSETS> 104,675
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,543
<OTHER-INCOME> 0
<EXPENSES-NET> 121
<NET-INVESTMENT-INCOME> 5,422
<REALIZED-GAINS-CURRENT> 1,074
<APPREC-INCREASE-CURRENT> (1,148)
<NET-CHANGE-FROM-OPS> 5,348
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5,422
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,838
<NUMBER-OF-SHARES-REDEEMED> 5,778
<SHARES-REINVESTED> 520
<NET-CHANGE-IN-ASSETS> (25,042)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (3,127)
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 121
<AVERAGE-NET-ASSETS> 102,336
<PER-SHARE-NAV-BEGIN> 10.220
<PER-SHARE-NII> 0.530
<PER-SHARE-GAIN-APPREC> (0.020)
<PER-SHARE-DIVIDEND> 0.530
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.200
<EXPENSE-RATIO> 0.120
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000831957
<NAME> AHA INVESTMENT FUNDS, INC.
<SERIES>
<NUMBER>03
<NAME> DIVERSIFIED EQUITY PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-START> JUL-01-1998
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 100,754
<INVESTMENTS-AT-VALUE> 126,457
<RECEIVABLES> 498
<ASSETS-OTHER> 11
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<TOTAL-ASSETS> 126,966
<PAYABLE-FOR-SECURITIES> 69
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5
<TOTAL-LIABILITIES> 74
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 91,267
<SHARES-COMMON-STOCK> 5,729
<SHARES-COMMON-PRIOR> 4,208
<ACCUMULATED-NII-CURRENT> 42
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,881
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 25,702
<NET-ASSETS> 126,892
<DIVIDEND-INCOME> 134
<INTEREST-INCOME> 1,551
<OTHER-INCOME> 0
<EXPENSES-NET> 114
<NET-INVESTMENT-INCOME> 1,571
<REALIZED-GAINS-CURRENT> 10,656
<APPREC-INCREASE-CURRENT> 8,584
<NET-CHANGE-FROM-OPS> 20,811
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,584
<DISTRIBUTIONS-OF-GAINS> 8,636
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,445
<NUMBER-OF-SHARES-REDEEMED> 454
<SHARES-REINVESTED> 530
<NET-CHANGE-IN-ASSETS> 27,780
<ACCUMULATED-NII-PRIOR> 55
<ACCUMULATED-GAINS-PRIOR> 7,861
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
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<GROSS-EXPENSE> 114
<AVERAGE-NET-ASSETS> 110,208
<PER-SHARE-NAV-BEGIN> 20.370
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<PER-SHARE-GAIN-APPREC> 3.420
<PER-SHARE-DIVIDEND> 0.290
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<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 22.150
<EXPENSE-RATIO> 0.100
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000831957
<NAME> AHA INVESTMENT FUNDS, INC.
<SERIES>
<NUMBER>04
<NAME> BALANCED PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-START> JUL-01-1998
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 59,764
<INVESTMENTS-AT-VALUE> 68,125
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<OVERDISTRIBUTION-GAINS> 0
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<EXPENSES-NET> 107
<NET-INVESTMENT-INCOME> 1,531
<REALIZED-GAINS-CURRENT> 7,315
<APPREC-INCREASE-CURRENT> (693)
<NET-CHANGE-FROM-OPS> 8,153
<EQUALIZATION> 0
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<DISTRIBUTIONS-OF-GAINS> 5,761
<DISTRIBUTIONS-OTHER> 0
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<SHARES-REINVESTED> 527
<NET-CHANGE-IN-ASSETS> 3,941
<ACCUMULATED-NII-PRIOR> 778
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<OVERDIST-NET-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 107
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<PER-SHARE-NII> 0.360
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<PER-SHARE-NAV-END> 14.690
<EXPENSE-RATIO> 0.180
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
