<PAGE> PAGE 1
000 A000000 04/30/97
000 C000000 0000837389
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 FREMONT MUTUAL FUNDS, INC.
001 B000000 811-05632
001 C000000 4152848604
002 A000000 50 FREMONT STREET, SUITE 3600
002 B000000 SAN FRANCISCO
002 C000000 CA
002 D010000 94105
002 D020000 2239
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 9
015 A00AA01 THE NORTHERN TRUST COMPANY
015 B00AA01 C
015 C01AA01 CHICAGO
015 C02AA01 IL
015 C03AA01 60675
015 E01AA01 X
015 A00AA02 FIRST NATIONAL BANK OF BOSTON
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 DELETE
015 A00AA04 WESTPAC BANKING CORPORATION
015 B00AA04 S
015 C01AA04 SYDNEY
015 D01AA04 AUSTRALIA
015 E04AA04 X
015 A00AA05 CREDITANSTALT BANKVEREIN
015 B00AA05 S
015 C01AA05 VIENNA
015 D01AA05 AUSTRIA
015 D02AA05 A-1090
015 E04AA05 X
015 A00AA06 STANDARD CHARTERED BANK
015 B00AA06 S
015 C01AA06 DHAKA
015 D01AA06 BANGLADESH
015 E04AA06 X
<PAGE> PAGE 2
015 A00AA07 BANQUE BRUXELLES LAMBERT
015 B00AA07 S
015 C01AA07 BRUSSELS
015 D01AA07 BELGIUM/LUXEMBORG
015 E04AA07 X
015 A00AA08 FIRST NATIONAL BANK OF BOSTON
015 B00AA08 S
015 C01AA08 SAO PAULO
015 D01AA08 BRAZIL
015 D02AA08 010009
015 E04AA08 X
015 A00AA09 ROYAL BANK OF CANADA
015 B00AA09 S
015 C01AA09 TORONTO
015 D01AA09 CANADA
015 E04AA09 X
015 A00AA10 CITIBANK
015 B00AA10 S
015 C01AA10 SANTIAGO
015 D01AA10 CHILE
015 E04AA10 X
015 A00AA11 HONG KONG AND SHANGHAI BANKING CORPORATION
015 B00AA11 S
015 C01AA11 SHANGHAI
015 D01AA11 CHINA
015 E04AA11 X
015 A00AA12 CITITRUST COLOMBIA
015 B00AA12 S
015 C01AA12 BOGOTA
015 D01AA12 COLUMBIA
015 E04AA12 X
015 A00AA13 BARCLAYS BANK
015 B00AA13 S
015 C01AA13 NICOSIA
015 D01AA13 CYPRUS
015 E04AA13 X
015 A00AA14 CESKOSLOVENSKA OBCHODNI BANKA
015 B00AA14 S
015 C01AA14 PRAGUE
015 D01AA14 CZECH REPUBLIC
015 E04AA14 X
015 A00AA15 DEN DANSKE BANK
015 B00AA15 S
015 C01AA15 COPENHAGEN
015 D01AA15 DENMARK
015 D02AA15 DK-1092
015 E04AA15 X
015 A00AA16 MERITA BANK
015 B00AA16 S
015 C01AA16 HELSINKI
015 D01AA16 FINLAND
<PAGE> PAGE 3
015 E04AA16 X
015 A00AA17 CREDIT COMMERCIAL DE FRANCE
015 B00AA17 S
015 C01AA17 PARIS
015 D01AA17 FRANCE
015 D02AA17 75419
015 E04AA17 X
015 A00AA18 DRESDNER BANK
015 B00AA18 S
015 C01AA18 FRANKFURT
015 D01AA18 GERMANY
015 E04AA18 X
015 A00AA19 BARCLAYS BANK
015 B00AA19 S
015 C01AA19 ATHENS
015 D01AA19 GREECE
015 E04AA19 X
015 A00AA20 CITIBANK BUDAPEST
015 B00AA20 S
015 C01AA20 BUDAPEST
015 D01AA20 HUNGARY
015 E04AA20 X
015 A00AA21 CITIBANK
015 B00AA21 S
015 C01AA21 BOMBAY
015 D01AA21 INDIA
015 E04AA21 X
015 A00AA22 STANDARD CHARTERED BANK
015 B00AA22 S
015 C01AA22 JAKARTA
015 D01AA22 INDONESIA
015 D02AA22 10350
015 E04AA22 X
015 A00AA23 ALLIED IRISH BANK
015 B00AA23 S
015 C01AA23 DUBLIN
015 D01AA23 IRELAND
015 E04AA23 X
015 A00AA24 BANK LEUMI
015 B00AA24 S
015 C01AA24 TEL AVIV
015 D01AA24 ISRAEL
015 E04AA24 X
015 A00AA25 BANQUE PARIBAS
015 B00AA25 S
015 C01AA25 MILAN
015 D01AA25 ITALY
015 D02AA25 20121
015 E04AA25 X
015 A00AA26 BANK OF TOKYO-MITSUBISHI
015 B00AA26 S
<PAGE> PAGE 4
015 C01AA26 TOKYO
015 D01AA26 JAPAN
015 E04AA26 X
015 A00AA27 ARAB BANK
015 B00AA27 S
015 C01AA27 AMMAN
015 D01AA27 JORDAN
015 E04AA27 X
015 A00AA28 CITIBANK BERHAD
015 B00AA28 S
015 C01AA28 KUALA LUMPUR
015 D01AA28 MALAYSIA
015 E04AA28 X
015 A00AA29 BANCO NACIONAL DE MEXICO
015 B00AA29 S
015 C01AA29 MEXICO CITY
015 D01AA29 MEXICO
015 E04AA29 X
015 A00AA30 BANQUE COMMERCIALE DU MAROC
015 B00AA30 S
015 C01AA30 CASABLANCA
015 D01AA30 MOROCCO
015 E04AA30 X
015 A00AA31 MEESPIERSON
015 B00AA31 S
015 C01AA31 AMSTERDAM
015 D01AA31 NETHERLANDS
015 E04AA31 X
015 A00AA32 ANZ BANKING GROUP
015 B00AA32 S
015 C01AA32 WELLINGTON
015 D01AA32 NEW ZEALAND
015 E04AA32 X
015 A00AA33 CHRISTIANIA BANK OG KREDITKASSE
015 B00AA33 S
015 C01AA33 OSLO
015 D01AA33 NORWAY
015 D02AA33 0191,1
015 E04AA33 X
015 A00AA34 CITIBANK
015 B00AA34 S
015 C01AA34 KARACHI
015 D01AA34 PAKISTAN
015 E04AA34 X
015 A00AA35 CITIBANK
015 B00AA35 S
015 C01AA35 LIMA
015 D01AA35 PERU
015 E04AA35 X
015 A00AA36 HONG KONG AND SHANGHAI BANKING CORP.
015 B00AA36 S
<PAGE> PAGE 5
015 C01AA36 MANILA
015 D01AA36 PHILIPPINES
015 E04AA36 X
015 A00AA37 BANK HANDLOWY W. WARZAWIE
015 B00AA37 S
015 C01AA37 WARSAW
015 D01AA37 POLAND
015 E04AA37 X
015 A00AA38 BANCO ESPIRITO SANTO E COMMERCIAL DE LISBOA
015 B00AA38 S
015 C01AA38 LISBON
015 D01AA38 PORTUGAL
015 E04AA38 X
015 A00AA39 DEVELOPMENT BANK OF SINGAPORE
015 B00AA39 S
015 C01AA39 SINGAPORE
015 D01AA39 SINGAPORE
015 D02AA39 0104
015 E04AA39 X
015 A00AA40 STANDARD BANK OF SOUTH AFRICA
015 B00AA40 S
015 C01AA40 JOHANNESBURG
015 D01AA40 SOUTH AFRICA
015 E04AA40 X
015 A00AA41 SEOULBANK
015 B00AA41 S
015 C01AA41 SEOUL
015 D01AA41 SOUTH KOREA
015 E04AA41 X
015 A00AA42 BANCO BILBAO VIZCAYA
015 B00AA42 S
015 C01AA42 MADRID
015 D01AA42 SPAIN
015 E04AA42 X
015 A00AA43 STANDARD CHARTERED BANK
015 B00AA43 S
015 C01AA43 COLOMBO
015 D01AA43 SRI LANKA
015 E04AA43 X
015 A00AA44 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA44 S
015 C01AA44 STOCKHOLM
015 D01AA44 SWEDEN
015 D02AA44 10640
015 E04AA44 X
015 A00AA45 BANK LEU
015 B00AA45 S
015 C01AA45 ZURICH
015 D01AA45 SWITZERLAND
015 D02AA45 8001
015 E04AA45 X
<PAGE> PAGE 6
015 A00AA46 CENTRAL TRUST OF CHINA
015 B00AA46 S
015 C01AA46 TAIPEI
015 D01AA46 TAIWAN
015 D02AA46 10006
015 E04AA46 X
015 A00AA47 CITIBANK
015 B00AA47 S
015 C01AA47 BANGKOK
015 D01AA47 THAILAND
015 D02AA47 10120
015 E04AA47 X
015 A00AA48 CITIBANK
015 B00AA48 S
015 C01AA48 ISTANBUL
015 D01AA48 TURKEY
015 E04AA48 X
015 A00AA49 THE NORTHERN TRUST COMPANY
015 B00AA49 S
015 C01AA49 LONDON
015 D01AA49 UNITED KINGDOM
015 D02AA49 EC2M3XS
015 E04AA49 X
015 A00AA50 FIRST CHICAGO CLEARING CENTRE
015 B00AA50 S
015 C01AA50 LONDON
015 D01AA50 UNITED KINGDOM
015 E04AA50 X
015 A00AA51 FIRST NATIONAL BANK OF BOSTON
015 B00AA51 S
015 C01AA51 MONTEVIDEO
015 D01AA51 URUGUAY
015 E04AA51 X
015 A00AA52 CITIBANK
015 B00AA52 S
015 C01AA52 CARACAS
015 D01AA52 VENEZUELA
015 E04AA52 X
015 A00AA53 CITIBANK
015 B00AA53 S
015 C01AA53 CAIRO
015 D01AA53 EGYPT
015 E04AA53 X
015 A00AA54 BRITISH BANK OF THE MIDDLE EAST
015 B00AA54 S
015 C01AA54 MANAMA
015 D01AA54 BAHRAIN
015 E04AA54 X
015 A00AA55 BARCLAYS BANK
015 B00AA55 S
015 C01AA55 NAIROBI
<PAGE> PAGE 7
015 D01AA55 KENYA
015 E04AA55 X
015 A00AA56 BARCLAYS BANK
015 B00AA56 S
015 C01AA56 GABORONE
015 D01AA56 BOTSWANA
015 E04AA56 X
015 A00AA57 CESKOSLOVENSKA OBCHODNI BANKA
015 B00AA57 S
015 C01AA57 BRATISLAVA
015 D01AA57 SLOVAKIA
015 E04AA57 X
015 A00AA58 STANDARD BANK OF NAMIBIA
015 B00AA58 S
015 C01AA58 WINDHOEK
015 D01AA58 NAMIBIA
015 E04AA58 X
015 A00AA59 CREDIT SUISSE
015 B00AA59 S
015 C01AA59 MOSCOW
015 D01AA59 RUSSIA
015 E04AA59 X
015 A00AA60 BARCLAYS BANK
015 B00AA60 S
015 C01AA60 MBABANE
015 D01AA60 SWAZILAND
015 E04AA60 X
015 A00AA61 BARCLAYS BANK
015 B00AA61 S
015 C01AA61 LUSAKA
015 D01AA61 ZAMBIA
015 E04AA61 X
015 A00AA62 BARCLAYS BANK
015 B00AA62 S
015 C01AA62 HARARE
015 D01AA62 ZIMBABWE
015 E04AA62 X
015 A00AA63 HONG KONG AND SHANGHAI BANK
015 B00AA63 S
015 C01AA63 CUREPIPE
015 D01AA63 MAURITIUS
015 E04AA63 X
015 A00AA64 BARCLAYS BANK
015 B00AA64 S
015 C01AA64 ACCRA
015 D01AA64 GHANA
015 E04AA64 X
020 A000001 UBS SECURITIES LLC
020 B000001 13-3873456
020 C000001 215
020 A000002 SALOMON BROTHERS INC.
<PAGE> PAGE 8
020 B000002 13-3082694
020 C000002 135
020 A000003 ING BARING (U.S.) SECURITIES, INC.
020 B000003 04-2455153
020 C000003 134
020 A000004 BEAR, STEARNS & CO. INC.
020 B000004 13-3299429
020 C000004 70
020 A000005 INSTINET CORPORATION
020 B000005 13-3443395
020 C000005 39
020 A000006 NOMURA SECURITIES INTERNATIONAL, INC.
020 B000006 13-2642206
020 C000006 34
020 A000007 BERG (ALFRED), INC.
020 C000007 32
020 A000008 SBC WARBURG INC.
020 B000008 13-3340045
020 C000008 30
020 A000009 BHF SECURITIES CORPORATION
020 C000009 30
020 A000010 EXANE INC
020 C000010 22
021 000000 1015
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
025 A000101 HSBC HOLDINGS PLC
025 B000101 13-2650272
025 C000101 E
025 D000101 3284
025 A000102 ING GROEP NV
025 B000102 04-2455153
025 C000102 E
<PAGE> PAGE 9
025 D000102 1927
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
071 A000100 227035
071 B000100 114793
071 C000100 525718
071 D000100 22
072 A000100 6
074 N000100 692846
074 T000100 621060
075 A000100 0
075 B000100 599689
025 A000201 GOLDMAN, SACHS & CO.
025 B000201 13-5108880
025 C000201 D
025 D000201 4979
025 A000202 MERRILL LYNCH & CO., INC.
025 B000202 13-5674085
025 C000202 D
025 D000202 4950
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
062 A000200 Y
062 B000200 0.0
062 C000200 9.3
<PAGE> PAGE 10
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 88.3
062 J000200 1.2
062 K000200 0.0
062 L000200 1.2
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 62
063 B000200 0.0
064 A000200 N
064 B000200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 6
074 N000200 431514
074 T000200 430060
075 A000200 376615
075 B000200 0
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 1.6
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 4.0
062 M000300 0.0
062 N000300 0.0
062 O000300 92.9
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 8.8
064 A000300 Y
064 B000300 N
071 A000300 9013
<PAGE> PAGE 11
071 B000300 510
071 C000300 55232
071 D000300 1
072 A000300 6
074 N000300 60822
074 T000300 60744
075 A000300 0
075 B000300 59239
008 A000401 FREMONT INVESTMENT ADVISORS, INC.
008 B000401 A
008 C000401 801-29039
008 D010401 SAN FRANCISCO
008 D020401 CA
008 D030401 94105
008 D040401 2239
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
071 A000400 54009
071 B000400 30035
071 C000400 98385
071 D000400 31
072 A000400 6
074 N000400 126826
074 T000400 116071
075 A000400 0
075 B000400 102337
062 A000500 Y
062 B000500 0.5
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 17.1
<PAGE> PAGE 12
062 J000500 0.0
062 K000500 0.7
062 L000500 0.9
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 10.6
062 Q000500 77.3
062 R000500 0.7
071 A000500 50520
071 B000500 55768
071 C000500 67194
071 D000500 76
072 A000500 6
074 N000500 81644
074 T000500 75100
075 A000500 0
075 B000500 72346
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
071 A000600 19926
071 B000600 18920
071 C000600 36121
071 D000600 53
072 A000600 6
074 N000600 44768
074 T000600 38655
075 A000600 0
075 B000600 38497
008 A000701 FREMONT INVESTMENT ADVISORS, INC.
008 B000701 A
008 C000701 801-29039
008 D010701 SAN FRANCISCO
008 D020701 CA
008 D030701 94105
<PAGE> PAGE 13
008 D040701 2239
014 A000701 FUNDS DISTRIBUTOR, INC.
014 B000701 8-20518
014 A000702 FREMONT CAPITAL, INC.
014 B000702 8-45592
014 A000703 NATIONAL FINANCIAL SERVICES CORPORATION
014 B000703 8-26740
014 A000704 CHARLES SCHWAB AND CO., INC.
014 B000704 8-16514
014 A000705 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
014 B000705 8-17574
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
071 A000700 91102
071 B000700 56288
071 C000700 121324
071 D000700 47
072 A000700 6
074 N000700 155772
074 T000700 137982
075 A000700 0
075 B000700 152869
025 D000801 0
025 D000802 0
025 D000803 0
025 D000804 0
025 D000805 0
025 D000806 0
025 D000807 0
025 D000808 0
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
<PAGE> PAGE 14
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
071 A000800 4130
071 B000800 3628
071 C000800 9355
071 D000800 39
072 A000800 6
074 N000800 10135
074 T000800 9460
075 A000800 0
075 B000800 9660
014 A000901 FUNDS DISTRIBUTOR, INC.
014 B000901 8-20518
014 A000902 FREMONT CAPITAL, INC.
014 B000902 8-45592
014 A000903 CREDIT LYONNAIS SECURITIES (USA) INC.
014 B000903 8-13753
014 A000904 CHARLES SCHWAB AND CO., INC.
014 B000904 8-16514
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
071 A000900 5810
071 B000900 2345
071 C000900 4400
<PAGE> PAGE 15
071 D000900 53
072 A000900 6
074 N000900 8560
074 T000900 8426
075 A000900 0
075 B000900 5674
SIGNATURE JOHN F. SPLAIN
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 5
<NAME> FREMONT BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 80286005
<INVESTMENTS-AT-VALUE> 80968188
<RECEIVABLES> 601096
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 75254
<TOTAL-ASSETS> 81644538
<PAYABLE-FOR-SECURITIES> 6159544
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 384954
<TOTAL-LIABILITIES> 6544498
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 74238605
<SHARES-COMMON-STOCK> 7608619
<SHARES-COMMON-PRIOR> 7063078
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 153856
<ACCUMULATED-NET-GAINS> 273959
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 741332
<NET-ASSETS> 75100040
<DIVIDEND-INCOME> 17625
<INTEREST-INCOME> 2556427
<OTHER-INCOME> 0
<EXPENSES-NET> 228525
<NET-INVESTMENT-INCOME> 2345527
<REALIZED-GAINS-CURRENT> 1033949
<APPREC-INCREASE-CURRENT> (1760682)
<NET-CHANGE-FROM-OPS> 1618794
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2502030
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1524501
<NUMBER-OF-SHARES-REDEEMED> 1222568
<SHARES-REINVESTED> 243608
<NET-CHANGE-IN-ASSETS> 4522977
<ACCUMULATED-NII-PRIOR> 2647
<ACCUMULATED-GAINS-PRIOR> (759990)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 197240
<INTEREST-EXPENSE> 11116
<GROSS-EXPENSE> 282318
<AVERAGE-NET-ASSETS> 72346000
<PER-SHARE-NAV-BEGIN> 9.99
<PER-SHARE-NII> .32
<PER-SHARE-GAIN-APPREC> (.10)
<PER-SHARE-DIVIDEND> .34
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.87
<EXPENSE-RATIO> .64
<AVG-DEBT-OUTSTANDING> 3580000
<AVG-DEBT-PER-SHARE> .49
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 3
<NAME> FREMONT CALIFORNIA INTERMEDIATE TAX-FREE FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 58787613
<INVESTMENTS-AT-VALUE> 59857561
<RECEIVABLES> 773035
<ASSETS-OTHER> 190613
<OTHER-ITEMS-ASSETS> 658
<TOTAL-ASSETS> 60821867
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 77803
<TOTAL-LIABILITIES> 77803
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 59655545
<SHARES-COMMON-STOCK> 5678597
<SHARES-COMMON-PRIOR> 4734699
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 18571
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1069948
<NET-ASSETS> 60744064
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1548493
<OTHER-INCOME> 0
<EXPENSES-NET> 143010
<NET-INVESTMENT-INCOME> 1405483
<REALIZED-GAINS-CURRENT> 18307
<APPREC-INCREASE-CURRENT> (630280)
<NET-CHANGE-FROM-OPS> 793510
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1405483
<DISTRIBUTIONS-OF-GAINS> 44827
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1252227
<NUMBER-OF-SHARES-REDEEMED> 426717
<SHARES-REINVESTED> 118388
<NET-CHANGE-IN-ASSETS> 9588020
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 45091
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 150532
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 204119
<AVERAGE-NET-ASSETS> 59239000
<PER-SHARE-NAV-BEGIN> 10.80
<PER-SHARE-NII> .26
<PER-SHARE-GAIN-APPREC> (.09)
<PER-SHARE-DIVIDEND> .26
<PER-SHARE-DISTRIBUTIONS> .01
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.70
<EXPENSE-RATIO> .49
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUUTAL FUNDS, INC.
<SERIES>
<NUMBER> 9
<NAME> FREMONT EMERGING MARKETS FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 7481492
<INVESTMENTS-AT-VALUE> 8022923
<RECEIVABLES> 519471
<ASSETS-OTHER> 4047
<OTHER-ITEMS-ASSETS> 14111
<TOTAL-ASSETS> 8560552
<PAYABLE-FOR-SECURITIES> 133618
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1112
<TOTAL-LIABILITIES> 134730
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7814912
<SHARES-COMMON-STOCK> 756753
<SHARES-COMMON-PRIOR> 391921
<ACCUMULATED-NII-CURRENT> 55323
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 15509
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 540078
<NET-ASSETS> 8425822
<DIVIDEND-INCOME> 36076
<INTEREST-INCOME> 35636
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 71712
<REALIZED-GAINS-CURRENT> 100094
<APPREC-INCREASE-CURRENT> 583930
<NET-CHANGE-FROM-OPS> 755736
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 23774
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 581870
<NUMBER-OF-SHARES-REDEEMED> 219499
<SHARES-REINVESTED> 2461
<NET-CHANGE-IN-ASSETS> 4654073
<ACCUMULATED-NII-PRIOR> 7385
<ACCUMULATED-GAINS-PRIOR> (84609)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32167
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 96697
<AVERAGE-NET-ASSETS> 5674000
<PER-SHARE-NAV-BEGIN> 9.62
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> 1.42
<PER-SHARE-DIVIDEND> .06
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.13
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 1
<NAME> FREMONT GLOBAL FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 571998869
<INVESTMENTS-AT-VALUE> 615871681
<RECEIVABLES> 5378727
<ASSETS-OTHER> 68902414
<OTHER-ITEMS-ASSETS> 2693376
<TOTAL-ASSETS> 692846198
<PAYABLE-FOR-SECURITIES> 1575505
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 70210545
<TOTAL-LIABILITIES> 71786050
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 564529397
<SHARES-COMMON-STOCK> 44514593
<SHARES-COMMON-PRIOR> 37869936
<ACCUMULATED-NII-CURRENT> 1028863
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9489267
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 46012621
<NET-ASSETS> 621060148
<DIVIDEND-INCOME> 3730514
<INTEREST-INCOME> 6946960
<OTHER-INCOME> 0
<EXPENSES-NET> 2540868
<NET-INVESTMENT-INCOME> 8136606
<REALIZED-GAINS-CURRENT> 9366645
<APPREC-INCREASE-CURRENT> 19355026
<NET-CHANGE-FROM-OPS> 36858277
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9349318
<DISTRIBUTIONS-OF-GAINS> 68976401
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6946665
<NUMBER-OF-SHARES-REDEEMED> 5611427
<SHARES-REINVESTED> 5309419
<NET-CHANGE-IN-ASSETS> 48909912
<ACCUMULATED-NII-PRIOR> 2241575
<ACCUMULATED-GAINS-PRIOR> 69099023
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2233389
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2540868
<AVERAGE-NET-ASSETS> 599689000
<PER-SHARE-NAV-BEGIN> 15.11
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> 0.63
<PER-SHARE-DIVIDEND> 0.23
<PER-SHARE-DISTRIBUTIONS> 1.81
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.95
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 4
<NAME> FREMONT GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 105774770
<INVESTMENTS-AT-VALUE> 115316407
<RECEIVABLES> 1385859
<ASSETS-OTHER> 10122442
<OTHER-ITEMS-ASSETS> 1604
<TOTAL-ASSETS> 126826312
<PAYABLE-FOR-SECURITIES> 319937
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10435648
<TOTAL-LIABILITIES> 10755585
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 102284502
<SHARES-COMMON-STOCK> 8644925
<SHARES-COMMON-PRIOR> 5234734
<ACCUMULATED-NII-CURRENT> 456763
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3787825
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9541637
<NET-ASSETS> 116070727
<DIVIDEND-INCOME> 1111191
<INTEREST-INCOME> 109683
<OTHER-INCOME> 0
<EXPENSES-NET> 411771
<NET-INVESTMENT-INCOME> 809103
<REALIZED-GAINS-CURRENT> 3694333
<APPREC-INCREASE-CURRENT> 5053002
<NET-CHANGE-FROM-OPS> 9556438
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 463067
<DISTRIBUTIONS-OF-GAINS> 17563577
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4517984
<NUMBER-OF-SHARES-REDEEMED> 2546748
<SHARES-REINVESTED> 1438955
<NET-CHANGE-IN-ASSETS> 37446615
<ACCUMULATED-NII-PRIOR> 110727
<ACCUMULATED-GAINS-PRIOR> 17657069
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 329670
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 411771
<AVERAGE-NET-ASSETS> 102337000
<PER-SHARE-NAV-BEGIN> 15.02
<PER-SHARE-NII> .11
<PER-SHARE-GAIN-APPREC> 1.33
<PER-SHARE-DIVIDEND> .08
<PER-SHARE-DISTRIBUTIONS> 2.95
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.43
<EXPENSE-RATIO> .81
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 6
<NAME> FREMONT INTERNATIONAL GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 36881921
<INVESTMENTS-AT-VALUE> 39251306
<RECEIVABLES> 61157
<ASSETS-OTHER> 5455152
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 44767615
<PAYABLE-FOR-SECURITIES> 553391
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5559155
<TOTAL-LIABILITIES> 6112546
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 34816043
<SHARES-COMMON-STOCK> 3580649
<SHARES-COMMON-PRIOR> 3392090
<ACCUMULATED-NII-CURRENT> (26369)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1498594
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2366801
<NET-ASSETS> 38655069
<DIVIDEND-INCOME> 192995
<INTEREST-INCOME> 66964
<OTHER-INCOME> 0
<EXPENSES-NET> 286328
<NET-INVESTMENT-INCOME> (26369)
<REALIZED-GAINS-CURRENT> 1498594
<APPREC-INCREASE-CURRENT> (62630)
<NET-CHANGE-FROM-OPS> 1409595
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 103054
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 617954
<NUMBER-OF-SHARES-REDEEMED> 439002
<SHARES-REINVESTED> 9607
<NET-CHANGE-IN-ASSETS> 3382323
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 103054
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 286328
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 286328
<AVERAGE-NET-ASSETS> 38497000
<PER-SHARE-NAV-BEGIN> 10.40
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> .44
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.80
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 7
<NAME> FREMONT U.S. MICRO-CAP FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 141049908
<INVESTMENTS-AT-VALUE> 134153553
<RECEIVABLES> 4740692
<ASSETS-OTHER> 16878022
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 155772267
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17790603
<TOTAL-LIABILITIES> 17790603
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 143840362
<SHARES-COMMON-STOCK> 7299843
<SHARES-COMMON-PRIOR> 5221792
<ACCUMULATED-NII-CURRENT> (505219)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1542876
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (6896355)
<NET-ASSETS> 137981664
<DIVIDEND-INCOME> 107117
<INTEREST-INCOME> 813048
<OTHER-INCOME> 0
<EXPENSES-NET> 1425384
<NET-INVESTMENT-INCOME> (505219)
<REALIZED-GAINS-CURRENT> 1577289
<APPREC-INCREASE-CURRENT> (7332078)
<NET-CHANGE-FROM-OPS> (6260008)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 5143923
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11633349
<NUMBER-OF-SHARES-REDEEMED> 9778993
<SHARES-REINVESTED> 223695
<NET-CHANGE-IN-ASSETS> 35500713
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5109510
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1457521
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1457521
<AVERAGE-NET-ASSETS> 152869000
<PER-SHARE-NAV-BEGIN> 19.63
<PER-SHARE-NII> (.07)
<PER-SHARE-GAIN-APPREC> .26
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .92
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.90
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 2
<NAME> FREMONT MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 429977136
<INVESTMENTS-AT-VALUE> 429977136
<RECEIVABLES> 1497131
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 40167
<TOTAL-ASSETS> 431514434
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1454741
<TOTAL-LIABILITIES> 1454741
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 430059693
<SHARES-COMMON-STOCK> 430059693
<SHARES-COMMON-PRIOR> 329651919
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 430059693
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10227620
<OTHER-INCOME> 0
<EXPENSES-NET> 542444
<NET-INVESTMENT-INCOME> 9685176
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 9685176
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9685176
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 389730010
<NUMBER-OF-SHARES-REDEEMED> 298867194
<SHARES-REINVESTED> 9544958
<NET-CHANGE-IN-ASSETS> 100407774
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 676711
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 821837
<AVERAGE-NET-ASSETS> 376615000
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .29
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000837389
<NAME> FREMONT MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 8
<NAME> FREMONT INTERNATIONAL SMALL CAP FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 9977344
<INVESTMENTS-AT-VALUE> 9362606
<RECEIVABLES> 62041
<ASSETS-OTHER> 710023
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10134670
<PAYABLE-FOR-SECURITIES> 39748
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 634599
<TOTAL-LIABILITIES> 674347
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9609252
<SHARES-COMMON-STOCK> 981940
<SHARES-COMMON-PRIOR> 907834
<ACCUMULATED-NII-CURRENT> 60136
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 407610
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (616675)
<NET-ASSETS> 9460323
<DIVIDEND-INCOME> 146009
<INTEREST-INCOME> 8622
<OTHER-INCOME> 0
<EXPENSES-NET> 71874
<NET-INVESTMENT-INCOME> 82757
<REALIZED-GAINS-CURRENT> 429439
<APPREC-INCREASE-CURRENT> (729848)
<NET-CHANGE-FROM-OPS> (217652)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 49764
<DISTRIBUTIONS-OF-GAINS> 226667
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 212005
<NUMBER-OF-SHARES-REDEEMED> 163890
<SHARES-REINVESTED> 25991
<NET-CHANGE-IN-ASSETS> 246148
<ACCUMULATED-NII-PRIOR> 27143
<ACCUMULATED-GAINS-PRIOR> 204838
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 71874
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 71874
<AVERAGE-NET-ASSETS> 9660000
<PER-SHARE-NAV-BEGIN> 10.15
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> (.31)
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> .24
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.63
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
