WEITZ SERIES FUND INC
NSAR-B, 1997-05-09
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<PAGE>      PAGE  1
000 B000000 03/31/97
000 C000000 840203
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 WEITZ SERIES FUND, INC.
001 B000000 811-5661
001 C000000 4023911980
002 A000000 1125 SOUTH 103 STREET, SUITE 600
002 B000000 OMAHA
002 C000000 NE
002 D010000 68124
002 D020000 6008
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C020100 VALUE PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 FIXED INCOME PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 GOVERNMENT MONEY MARKET PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 HICKORY PORTFOLIO
007 C030400 N
007 C010500  5
007 C010600  6
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<PAGE>      PAGE  2
008 A00AA01 WALLACE R. WEITZ & COMPANY
008 B00AA01 A
008 C00AA01 801-18819
008 D01AA01 OMAHA
008 D02AA01 NE
008 D03AA01 68124
008 D04AA01 6008
011 A00AA01 WEITZ SECURITIES, INC.
011 B00AA01 8-35603
011 C01AA01 OMAHA
011 C02AA01 NE
011 C03AA01 68124
011 C04AA01 6008
012 A00AA01 WALLACE R. WEITZ & COMPANY
012 B00AA01 84-1858
012 C01AA01 OMAHA
012 C02AA01 NE
012 C03AA01 68124
012 C04AA01 6008
013 A00AA01 MCGLADREY & PULLEN, LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10017
013 B04AA01 2416
014 A00AA01 WEITZ SECURITIES, INC.
014 B00AA01 8-35603
015 A00AA01 NORWEST BANK NEBRASKA, N.A.
015 B00AA01 C
015 C01AA01 OMAHA
015 C02AA01 NE
015 C03AA01 68102
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    5
019 C00AA00 WEITZFUNDS
020 A000001 STANDARD & POOR'S SECURITIES, INC.
020 B000001 13-2671951
020 C000001     43
020 A000002 INSTINET CORP.
020 B000002 13-2596491
020 C000002     43
020 A000003 CAPITAL INSTITUTIONAL SERVICES, INC.
020 B000003 75-1565705
020 C000003     19
020 A000004 SANFORD C. BERNSTEIN & CO., INC.
020 B000004 13-2625874
020 C000004     19
020 A000005 FRIEDMAN, BILLINGS, RAMSEY & CO.
020 B000005 52-1630477
020 C000005     18
<PAGE>      PAGE  3
020 A000006 GENESIS MERCHANT GROUP SECURITIES
020 B000006 94-3082467
020 C000006     15
020 A000007 JEFFRIES & COMPANY, INC.
020 B000007 95-2622900
020 C000007     14
020 A000008 INTERNATIONAL STRATEGY & INVESTMENT GROUP INC
020 B000008 13-3599877
020 C000008     10
020 A000009 DEUTSCHE MORGAN GRENFELL/C.J. LAWRENCE INC.
020 B000009 13-2730828
020 C000009      8
020 A000010 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000010 13-5674085
020 C000010      8
021  000000      275
022 A000001 OLD KENT BANK
022 B000001 36-1750540
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022 D000001      3414
022 A000002 NORWEST BANK NEBRASKA, N.A.
022 B000002 47-0322495
022 C000002     20037
022 D000002      6649
022 A000003 CRAIGIE INC.
022 B000003 54-0294670
022 C000003     20284
022 D000003         0
022 A000004 MONTGOMERY SECURITIES
022 B000004 41-0451159
022 C000004      8839
022 D000004      5127
022 A000005 FRIEDMAN, BILLINGS, RAMSEY & CO.
022 B000005 52-1630477
022 C000005      5786
022 D000005      5384
022 A000006 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000006 13-5674085
022 C000006      3277
022 D000006      2878
022 A000007 FIRST TENNESSEE BANK
022 B000007 62-1166856
022 C000007      3202
022 D000007      2457
022 A000008 DONALDSON, LUFKIN, & JENRETTE SECURITIES CORP
022 B000008 13-2741792
022 C000008      3263
022 D000008        20
022 A000009 STIFEL, NICOLAUS & CO., INC.
022 B000009 43-0538770
022 C000009      3100
<PAGE>      PAGE  4
022 D000009         0
022 A000010 GERARD KLAUER MATTISON & CO., LLC
022 B000010 13-3793124
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080 A00AA00 ICI MUTUAL INSURANCE COMPANY
<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  18
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074 O000300        0
074 P000300        1
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300       24
074 S000300        0
074 T000300     5820
074 U010300     5820
074 U020300        0
074 V010300     1.00
074 V020300     0.00
074 W000300   0.9997
074 X000300      105
074 Y000300        0
075 A000300     5288
075 B000300        0
076  000300     0.00
024  000400 N
025 D000401       0
025 D000402       0
025 D000403       0
025 D000404       0
025 D000405       0
025 D000406       0
025 D000407       0
025 D000408       0
028 A010400       717
028 A020400         0
028 A030400         0
028 A040400        25
028 B010400       281
028 B020400         0
028 B030400         0
028 B040400        31
028 C010400       221
028 C020400       446
028 C030400         0
028 C040400       108
028 D010400      1570
028 D020400         0
028 D030400         0
<PAGE>      PAGE  20
028 D040400       124
028 E010400       398
028 E020400         0
028 E030400         0
028 E040400        92
028 F010400       328
028 F020400         0
028 F030400         0
028 F040400        50
028 G010400      3515
028 G020400       446
028 G030400         0
028 G040400       430
028 H000400         0
045  000400 Y
046  000400 N
047  000400 Y
048  000400  1.000
048 A010400        0
048 A020400 0.000
048 B010400        0
048 B020400 0.000
048 C010400        0
048 C020400 0.000
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400        0
048 K020400 0.000
049  000400 N
050  000400 N
051  000400 N
052  000400 N
053 A000400 Y
053 B000400 Y
054 A000400 N
054 B000400 N
054 C000400 N
054 D000400 N
054 E000400 N
<PAGE>      PAGE  21
054 F000400 N
054 G000400 N
054 H000400 N
054 I000400 N
054 J000400 Y
054 K000400 N
054 L000400 N
054 M000400 Y
054 N000400 N
054 O000400 N
058 A000400 N
059  000400 Y
060 A000400 N
060 B000400 N
061  000400    25000
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
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 Y
066 E000400 N
066 F000400 N
066 G000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
<PAGE>      PAGE  22
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 Y
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 Y
070 P020400 Y
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400      5728
071 B000400      2410
071 C000400      8695
071 D000400   28
072 A000400 12
072 B000400       14
072 C000400      149
072 D000400        0
072 E000400        0
072 F000400       89
072 G000400        0
072 H000400        0
072 I000400       22
072 J000400        4
072 K000400        1
072 L000400        4
072 M000400        1
072 N000400        6
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400        5
<PAGE>      PAGE  23
072 S000400        1
072 T000400        0
072 U000400        0
072 V000400        0
072 W000400        5
072 X000400      138
072 Y000400        5
072 Z000400       30
072AA000400      906
072BB000400      151
072CC010400     1254
072CC020400        0
072DD010400        1
072DD020400        0
072EE000400      528
073 A010400   0.0024
073 A020400   0.0000
073 B000400   1.0367
073 C000400   0.0000
074 A000400      316
074 B000400        0
074 C000400        0
074 D000400        0
074 E000400        0
074 F000400    11207
074 G000400        0
074 H000400        0
074 I000400      699
074 J000400        0
074 K000400        0
074 L000400       18
074 M000400        0
074 N000400    12240
074 O000400        0
074 P000400       11
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400        8
074 S000400        0
074 T000400    12221
074 U010400      647
074 U020400        0
074 V010400    18.90
074 V020400     0.00
074 W000400   0.0000
074 X000400      278
074 Y000400        0
075 A000400        0
075 B000400     8945
<PAGE>      PAGE  24
076  000400     0.00
SIGNATURE   WALLACE R. WEITZ                             
TITLE       PRESIDENT           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS INCLUDED IN THE COMPANY'S ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 1
   <NAME> WEITZ VALUE PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-START>                             APR-01-1996
<PERIOD-END>                               MAR-31-1997
<INVESTMENTS-AT-COST>                      232,637,497
<INVESTMENTS-AT-VALUE>                     275,852,411
<RECEIVABLES>                                1,233,813
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             277,086,224
<PAYABLE-FOR-SECURITIES>                     1,191,458
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      297,391
<TOTAL-LIABILITIES>                          1,488,849
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   215,368,499
<SHARES-COMMON-STOCK>                       13,131,071
<SHARES-COMMON-PRIOR>                        8,763,259
<ACCUMULATED-NII-CURRENT>                    1,152,564
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     15,861,398
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    43,214,914
<NET-ASSETS>                               275,597,375
<DIVIDEND-INCOME>                            3,783,069
<INTEREST-INCOME>                            1,806,781
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (3,250,184)
<NET-INVESTMENT-INCOME>                      2,339,666
<REALIZED-GAINS-CURRENT>                    22,078,674
<APPREC-INCREASE-CURRENT>                    8,381,030
<NET-CHANGE-FROM-OPS>                       32,799,370
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,494,741)
<DISTRIBUTIONS-OF-GAINS>                  (13,158,732)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      5,119,390
<NUMBER-OF-SHARES-REDEEMED>                (1,445,654)
<SHARES-REINVESTED>                            694,076
<NET-CHANGE-IN-ASSETS>                     105,088,519
<ACCUMULATED-NII-PRIOR>                        307,639
<ACCUMULATED-GAINS-PRIOR>                    6,941,456
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,514,149
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,250,184
<AVERAGE-NET-ASSETS>                       246,766,117
<PER-SHARE-NAV-BEGIN>                           19.457
<PER-SHARE-NII>                                  0.178
<PER-SHARE-GAIN-APPREC>                          2.580
<PER-SHARE-DIVIDEND>                           (0.125)
<PER-SHARE-DISTRIBUTIONS>                      (1.102)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             20.988
<EXPENSE-RATIO>                                   1.29
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL
STATEMENTS INCLUDED IN THE COMPANY'S ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 2
   <NAME> WEITZ FIXED INCOME PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-START>                             APR-01-1996
<PERIOD-END>                               MAR-31-1997
<INVESTMENTS-AT-COST>                       23,381,462
<INVESTMENTS-AT-VALUE>                      23,059,336
<RECEIVABLES>                                  315,041
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              23,374,377
<PAYABLE-FOR-SECURITIES>                     1,012,784
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       12,553
<TOTAL-LIABILITIES>                          1,025,337
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    22,834,701
<SHARES-COMMON-STOCK>                        2,075,027
<SHARES-COMMON-PRIOR>                        1,550,550
<ACCUMULATED-NII-CURRENT>                      295,955
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (459,490)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (322,126)
<NET-ASSETS>                                22,349,040
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,221,758
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (129,869)
<NET-INVESTMENT-INCOME>                      1,091,889
<REALIZED-GAINS-CURRENT>                      (14,283)
<APPREC-INCREASE-CURRENT>                    (288,919)
<NET-CHANGE-FROM-OPS>                          788,687
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,044,634)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,040,794
<NUMBER-OF-SHARES-REDEEMED>                  (604,489)
<SHARES-REINVESTED>                             88,172
<NET-CHANGE-IN-ASSETS>                       5,447,666
<ACCUMULATED-NII-PRIOR>                        248,700
<ACCUMULATED-GAINS-PRIOR>                    (445,207)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           86,579
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                161,177
<AVERAGE-NET-ASSETS>                        17,635,926
<PER-SHARE-NAV-BEGIN>                           10.900
<PER-SHARE-NII>                                  0.659
<PER-SHARE-GAIN-APPREC>                        (0.112)
<PER-SHARE-DIVIDEND>                           (0.677)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             10.770
<EXPENSE-RATIO>                                   0.75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS INCLUDED IN THE COMPANY'S ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 3
   <NAME> WEITZ GOVERNMENT MONEY MARKET PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-START>                             APR-01-1996
<PERIOD-END>                               MAR-31-1997
<INVESTMENTS-AT-COST>                        5,844,204
<INVESTMENTS-AT-VALUE>                       5,844,204
<RECEIVABLES>                                      356
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               5,844,560
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       24,622
<TOTAL-LIABILITIES>                             24,622
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     5,819,938
<SHARES-COMMON-STOCK>                        5,819,938
<SHARES-COMMON-PRIOR>                        4,141,602
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                 5,819,938
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              275,496
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (26,351)
<NET-INVESTMENT-INCOME>                        249,145
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          249,145
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (249,145)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     14,177,677
<NUMBER-OF-SHARES-REDEEMED>               (12,740,140)
<SHARES-REINVESTED>                            240,799
<NET-CHANGE-IN-ASSETS>                       1,678,336
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           26,351
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 60,702
<AVERAGE-NET-ASSETS>                         5,288,323
<PER-SHARE-NAV-BEGIN>                            1.000
<PER-SHARE-NII>                                  0.047
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                           (0.047)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              1.000
<EXPENSE-RATIO>                                   0.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS INCLUDED IN THE COMPANY'S ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
   <NUMBER> 4
   <NAME> WEITZ HICKORY PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-START>                             APR-01-1996
<PERIOD-END>                               MAR-31-1997
<INVESTMENTS-AT-COST>                        9,831,018
<INVESTMENTS-AT-VALUE>                      12,222,016
<RECEIVABLES>                                   18,248
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              12,240,264
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       18,928
<TOTAL-LIABILITIES>                             18,928
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     9,123,264
<SHARES-COMMON-STOCK>                          646,671
<SHARES-COMMON-PRIOR>                          427,806
<ACCUMULATED-NII-CURRENT>                       29,576
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        677,498
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     2,390,998
<NET-ASSETS>                                12,221,336
<DIVIDEND-INCOME>                              148,492
<INTEREST-INCOME>                               14,418
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (133,334)
<NET-INVESTMENT-INCOME>                         29,576
<REALIZED-GAINS-CURRENT>                       754,913
<APPREC-INCREASE-CURRENT>                    1,254,201
<NET-CHANGE-FROM-OPS>                        2,038,690
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (1,255)
<DISTRIBUTIONS-OF-GAINS>                     (528,237)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        245,327
<NUMBER-OF-SHARES-REDEEMED>                   (50,285)
<SHARES-REINVESTED>                             23,823
<NET-CHANGE-IN-ASSETS>                       5,563,122
<ACCUMULATED-NII-PRIOR>                          1,255
<ACCUMULATED-GAINS-PRIOR>                      450,822
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           88,889
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                138,488
<AVERAGE-NET-ASSETS>                         8,944,663
<PER-SHARE-NAV-BEGIN>                           15.564
<PER-SHARE-NII>                                  0.045
<PER-SHARE-GAIN-APPREC>                          4.329
<PER-SHARE-DIVIDEND>                           (0.002)
<PER-SHARE-DISTRIBUTIONS>                      (1.037)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             18.899
<EXPENSE-RATIO>                                   1.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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