AUL AMERICAN SERIES FUND INC
NSAR-A/A, 1996-08-28
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<PAGE>      PAGE  1
000 A000000 06/30/96
000 C000000 0000853618
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 AUL AMERICAN SERIES FUND, INC.
001 B000000 811-5850
001 C000000 3172631877
002 A000000 ONE AMERICAN SQUARE
002 B000000 INDIANAPOLIS
002 C000000 IN
002 D010000 46204
002 D020000 8216
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 AUL AMERICAN SERIES FUND, EQUITY PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 AUL AMERICAN SERIES FUND, MONEY MARKET PORT
007 C030200 N
007 C010300  3
007 C020300 AUL AMERICAN SERIES FUND, BOND PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 AUL AMERICAN SERIES FUND, MANAGED PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 AUL AMERICAN SERIES FUND, TACTICAL ASSET PORT
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
077 A000000 N
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
<PAGE>      PAGE  2
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      5084
071 B000100      1808
071 C000100     33502
071 D000100    5
072 A000100  6
074 N000100    42726
074 T000100    42660
075 A000100        0
075 B000100    39021
062 A000200 Y
062 B000200   0.0
062 C000200  56.0
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200  36.7
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   5.4
071 A000200         0
071 B000200         0
071 C000200         0
071 D000200    0
072 A000200  6
074 N000200    33368
074 T000200    33348
075 A000200    29644
075 B000200        0
062 A000300 Y
062 B000300   0.0
062 C000300   0.0
062 D000300   0.0
<PAGE>      PAGE  3
062 E000300   0.0
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   0.0
062 M000300  45.8
062 N000300  12.7
062 O000300   0.0
062 P000300  38.0
062 Q000300   0.0
062 R000300   2.2
071 A000300     13904
071 B000300     10879
071 C000300     25922
071 D000300   42
072 A000300  6
074 N000300    27189
074 T000300    27122
075 A000300        0
075 B000300    26808
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     13411
071 B000400      9177
071 C000400     32484
071 D000400   28
072 A000400  6
074 N000400    35920
074 T000400    35885
075 A000400        0
075 B000400    34025
062 A000500 N
<PAGE>      PAGE  4
062 B000500   0.0
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   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
071 A000500       611
071 B000500       209
071 C000500      1266
071 D000500   16
072 A000500  6
074 N000500     1816
074 T000500     1758
075 A000500        0
075 B000500     1411
SIGNATURE   JAMES W. MURPHY                              
TITLE       SENIOR V.P. FINANCE 
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 3
   <NAME> BOND PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                       26,609,212
<INVESTMENTS-AT-VALUE>                      26,785,757
<RECEIVABLES>                                  402,690
<ASSETS-OTHER>                                     374
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              27,188,821
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       66,705
<TOTAL-LIABILITIES>                             66,705
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        2,583,234
<SHARES-COMMON-PRIOR>                        2,298,581
<ACCUMULATED-NII-CURRENT>                       10,955
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         74,490
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       176,545
<NET-ASSETS>                                27,122,166
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              877,359
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  94,105
<NET-INVESTMENT-INCOME>                        783,254
<REALIZED-GAINS-CURRENT>                        74,490
<APPREC-INCREASE-CURRENT>                  (1,488,532)
<NET-CHANGE-FROM-OPS>                        (630,787)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      784,179
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        768,123
<NUMBER-OF-SHARES-REDEEMED>                    546,161
<SHARES-REINVESTED>                             62,691
<NET-CHANGE-IN-ASSETS>                       1,692,951
<ACCUMULATED-NII-PRIOR>                         11,879
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           66,637
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 94,105
<AVERAGE-NET-ASSETS>                        26,808,018
<PER-SHARE-NAV-BEGIN>                            11.06
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                          (.56)
<PER-SHARE-DIVIDEND>                               .31
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               10.5
<EXPENSE-RATIO>                                   .007
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 1
   <NAME> EQUITY PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                       35,308,714
<INVESTMENTS-AT-VALUE>                      42,669,044
<RECEIVABLES>                                   56,586
<ASSETS-OTHER>                                     374
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              42,726,004
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       66,024
<TOTAL-LIABILITIES>                             66,024
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        2,793,884
<SHARES-COMMON-PRIOR>                        2,483,962
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           2,729
<ACCUMULATED-NET-GAINS>                         89,158
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     7,360,330
<NET-ASSETS>                                42,659,980
<DIVIDEND-INCOME>                              337,552
<INTEREST-INCOME>                              147,881
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 136,352
<NET-INVESTMENT-INCOME>                        349,081
<REALIZED-GAINS-CURRENT>                        89,158
<APPREC-INCREASE-CURRENT>                    2,656,936
<NET-CHANGE-FROM-OPS>                        3,095,175
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      354,439
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        502,186
<NUMBER-OF-SHARES-REDEEMED>                    213,172
<SHARES-REINVESTED>                             20,908
<NET-CHANGE-IN-ASSETS>                       7,360,455
<ACCUMULATED-NII-PRIOR>                          2,629
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           96,929
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                136,352
<AVERAGE-NET-ASSETS>                        39,020,643
<PER-SHARE-NAV-BEGIN>                            14.21
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                           1.06
<PER-SHARE-DIVIDEND>                               .13
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.27
<EXPENSE-RATIO>                                   .007
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 4
   <NAME> MANAGED PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                       32,051,056
<INVESTMENTS-AT-VALUE>                      35,629,193
<RECEIVABLES>                                  290,512
<ASSETS-OTHER>                                     374
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              35,920,079
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       34,685
<TOTAL-LIABILITIES>                             34,685
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        2,826,744
<SHARES-COMMON-PRIOR>                        2,484,037
<ACCUMULATED-NII-CURRENT>                        4,444
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        241,384
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     3,578,136
<NET-ASSETS>                                35,885,394
<DIVIDEND-INCOME>                              185,017
<INTEREST-INCOME>                              509,549
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 119,151
<NET-INVESTMENT-INCOME>                        575,415
<REALIZED-GAINS-CURRENT>                       241,384
<APPREC-INCREASE-CURRENT>                      495,368
<NET-CHANGE-FROM-OPS>                        1,312,167
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      577,999
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        612,587
<NUMBER-OF-SHARES-REDEEMED>                    313,950
<SHARES-REINVESTED>                             44,070
<NET-CHANGE-IN-ASSETS>                       5,040,792
<ACCUMULATED-NII-PRIOR>                          7,028
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           84,543
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                119,151
<AVERAGE-NET-ASSETS>                        34,025,192
<PER-SHARE-NAV-BEGIN>                            12.42
<PER-SHARE-NII>                                    .21
<PER-SHARE-GAIN-APPREC>                            .28
<PER-SHARE-DIVIDEND>                               .21
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               12.7
<EXPENSE-RATIO>                                   .007
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 2
   <NAME> MONEY MARKET PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                       32,706,773
<INVESTMENTS-AT-VALUE>                      32,706,773
<RECEIVABLES>                                  661,267
<ASSETS-OTHER>                                     374
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              33,368,414
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       20,624
<TOTAL-LIABILITIES>                             20,624
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                       33,347,790
<SHARES-COMMON-PRIOR>                       24,290,006
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                33,347,790
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              790,491
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 101,237
<NET-INVESTMENT-INCOME>                        689,254
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                          689,254
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      689,254
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     51,889,887
<NUMBER-OF-SHARES-REDEEMED>                 43,521,357
<SHARES-REINVESTED>                            689,254
<NET-CHANGE-IN-ASSETS>                       9,057,784
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           73,583
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                101,237
<AVERAGE-NET-ASSETS>                        29,644,080
<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>                                   .007
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853618
<NAME> AUL AMERICAN SERIES FUND
<SERIES>
   <NUMBER> 05
   <NAME> TACTICAL ASSET ALLOCATION PORTFOLIO
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<INVESTMENTS-AT-COST>                        1,721,273
<INVESTMENTS-AT-VALUE>                       1,789,773
<RECEIVABLES>                                   19,201
<ASSETS-OTHER>                                   6,956
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               1,815,930
<PAYABLE-FOR-SECURITIES>                        43,076
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       14,989
<TOTAL-LIABILITIES>                             58,065
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          162,816
<SHARES-COMMON-PRIOR>                          109,147
<ACCUMULATED-NII-CURRENT>                          190
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          9,417
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        68,499
<NET-ASSETS>                                 1,757,865
<DIVIDEND-INCOME>                                6,941
<INTEREST-INCOME>                               19,413
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   7,056
<NET-INVESTMENT-INCOME>                         19,298
<REALIZED-GAINS-CURRENT>                         9,417
<APPREC-INCREASE-CURRENT>                       24,121
<NET-CHANGE-FROM-OPS>                           52,836
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       18,864
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         55,008
<NUMBER-OF-SHARES-REDEEMED>                      1,877
<SHARES-REINVESTED>                                538
<NET-CHANGE-IN-ASSETS>                         618,409
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          244
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            4,624
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  7,056
<AVERAGE-NET-ASSETS>                         1,410,622
<PER-SHARE-NAV-BEGIN>                            10.44
<PER-SHARE-NII>                                    .15
<PER-SHARE-GAIN-APPREC>                            .36
<PER-SHARE-DIVIDEND>                               .15
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.80
<EXPENSE-RATIO>                                    .01
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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