CMC FUND TRUST
NSAR-A, 1995-06-27
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<PAGE>      PAGE  1
000 A000000 04/30/95
000 C000000 854126
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 CMC FUND TRUST
001 B000000 811-5857
001 C000000 5032223600
002 A000000 1301 S.W. FIFTH AVENUE
002 B000000 PORTLAND
002 C000000 OR
002 D010000 97201
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 CMC SMALL CAP FUND
007 C030100 N
007 C010200  2
007 C020200 CMC INTERNATIONAL STOCK FUND
007 C030200 N
007 C010300  3
007 C020300 CMC HIGH YIELD FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 FIRST BOSTON CORP.
020 B000001 135659485
020 C000001     99
020 A000002 SHEARSON LEHMAN BROTHERS
020 B000002 132518466
020 C000002     71
020 A000003 INSTINET CORP.
020 B000003 133443395
020 C000003     63
020 A000004 ALEX BROWN & SON, INC.
020 B000004 521319768
020 C000004     58
020 A000005 MORGAN STANLEY & CO.
<PAGE>      PAGE  2
020 B000005 132655998
020 C000005     48
020 A000006 SALOMON BROTHERS
020 B000006 133082694
020 C000006     45
020 A000007 MONTGOMERY SECURITIES
020 B000007 941701676
020 C000007     43
020 A000008 JAMES CAPEL, NEW YORK
020 C000008     37
020 A000009 GOLDMAN SACH & CO.
020 B000009 135108880
020 C000009     30
020 A000010 PRUDENTIAL-BACH
020 B000010 222347336
020 C000010     30
021  000000      987
022 A000001 GOLDMAN SACHS & CO.,
022 B000001 135108880
022 C000001     18173
022 D000001      9645
022 A000002 MORGAN STANLEY & CO.
022 B000002 132655998
022 C000002     10041
022 D000002     12240
022 A000003 BROWN (ALEX) & SONS, INC.
022 B000003 521319768
022 C000003      5897
022 D000003     13866
022 A000004 THE FIRST BOSTON CORP.
022 B000004 135659485
022 C000004      1891
022 D000004     15839
022 A000005 MERRILL LYNCH & CO.
022 B000005 135674085
022 C000005      8287
022 D000005      8664
022 A000006 SMITH BARNEY
022 B000006 131912900
022 C000006      7212
022 D000006      8506
022 A000007 WESSELS, ARNOLD
022 B000007 411554568
022 C000007      5121
022 D000007     10093
022 A000008 DONALDSON, LUFKIN
022 B000008 132741729
022 C000008      3497
022 D000008      7615
022 A000009 UBS SECURITIES
022 B000009 132932996
<PAGE>      PAGE  3
022 C000009      3830
022 D000009      4760
022 A000010 MONTGOMERY SECURITIES
022 B000010 941701676
022 C000010      2802
022 D000010      5729
023 C000000     129262
023 D000000     142838
077 A000000 N
078  000000 N
024  000100 N
028 A010100       100
028 A020100         0
028 A030100         0
028 A040100     10073
028 B010100      4766
028 B020100       524
028 B030100         0
028 B040100      1582
028 C010100      2225
028 C020100         0
028 C030100         0
028 C040100       394
028 D010100       200
028 D020100         0
028 D030100         0
028 D040100      8159
028 E010100       276
028 E020100         0
028 E030100         0
028 E040100     36677
028 F010100        92
028 F020100         0
028 F030100         0
028 F040100     29304
028 G010100      7659
028 G020100       524
028 G030100         0
028 G040100     86189
028 H000100         0
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 N
062 A000100 N
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
<PAGE>      PAGE  4
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    226390
071 B000100    322226
071 C000100    420060
071 D000100   54
072 A000100  6
072 B000100      667
072 C000100     2473
072 D000100        0
072 E000100        0
072 F000100     1633
072 G000100        0
072 H000100        0
072 I000100       16
072 J000100       20
072 K000100        0
072 L000100        0
072 M000100        3
072 N000100        0
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       10
072 S000100        1
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100        7
072 X000100     1690
072 Y000100        0
072 Z000100     1450
072AA000100    49578
072BB000100    30451
072CC010100        0
072CC020100     1811
072DD010100      561
072DD020100        0
072EE000100        0
073 A010100   0.0600
073 A020100   0.0000
<PAGE>      PAGE  5
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100    31853
074 C000100        0
074 D000100        0
074 E000100        0
074 F000100   374896
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100    10220
074 K000100        0
074 L000100      337
074 M000100        0
074 N000100   417306
074 O000100     8885
074 P000100      253
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100       17
074 S000100        0
074 T000100   408151
074 U010100     7926
074 U020100        0
074 V010100    51.50
074 V020100     0.00
074 W000100   0.0000
074 X000100       67
074 Y000100        0
075 A000100        0
075 B000100   443884
076  000100     0.00
024  000200 N
028 A010200      3000
028 A020200         0
028 A030200         0
028 A040200       765
028 B010200       180
028 B020200         0
028 B030200         0
028 B040200       376
028 C010200         0
028 C020200         0
028 C030200         0
028 C040200      6607
028 D010200      2000
028 D020200         0
028 D030200         0
<PAGE>      PAGE  6
028 D040200       744
028 E010200         0
028 E020200         0
028 E030200         0
028 E040200      2590
028 F010200      2549
028 F020200         0
028 F030200         0
028 F040200         0
028 G010200      7729
028 G020200         0
028 G030200         0
028 G040200     11082
028 H000200         0
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 N
062 A000200 N
062 B000200   0.0
062 C000200   0.0
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
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   0.0
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
<PAGE>      PAGE  7
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200     50961
071 B000200     42369
071 C000200     62547
071 D000200   68
072 A000200  6
072 B000200      383
072 C000200      290
072 D000200        0
072 E000200        0
072 F000200      277
072 G000200        0
072 H000200        0
072 I000200       19
072 J000200       39
072 K000200        0
072 L000200        0
072 M000200        0
072 N000200        1
072 O000200        0
072 P000200        0
072 Q000200       13
072 R000200       10
072 S000200        1
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200        7
072 X000200      367
072 Y000200        0
<PAGE>      PAGE  8
072 Z000200      306
072AA000200      846
072BB000200     5717
072CC010200        0
072CC020200     2033
072DD010200        0
072DD020200        0
072EE000200        0
073 A010200   0.0000
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200      140
074 B000200     4901
074 C000200        0
074 D000200        0
074 E000200     1169
074 F000200    68523
074 G000200        0
074 H000200        0
074 I000200     1341
074 J000200      630
074 K000200        0
074 L000200    16744
074 M000200        0
074 N000200    93448
074 O000200     4169
074 P000200       43
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200    16476
074 S000200        0
074 T000200    72760
074 U010200     2032
074 U020200        0
074 V010200    35.80
074 V020200     0.00
074 W000200   0.0000
074 X000200       27
074 Y000200        0
075 A000200        0
075 B000200    75186
076  000200     0.00
015 A000301 UNITED STATES NATIONAL BANK OF OREGON
015 B000301 C
015 C010301 PORTLAND
015 C020301 OR
015 C030301 97208
015 E010301 X
<PAGE>      PAGE  9
024  000300 N
028 A010300      4140
028 A020300        64
028 A030300         0
028 A040300      1285
028 B010300         0
028 B020300        82
028 B030300         0
028 B040300       205
028 C010300     14325
028 C020300       131
028 C030300         0
028 C040300      4955
028 D010300      2380
028 D020300       165
028 D030300         0
028 D040300         0
028 E010300      3925
028 E020300       204
028 E030300         0
028 E040300         0
028 F010300        55
028 F020300       208
028 F030300         0
028 F040300      1780
028 G010300     24825
028 G020300       854
028 G030300         0
028 G040300      8225
028 H000300         0
062 A000300 Y
062 B000300   0.0
062 C000300   0.0
062 D000300   8.0
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   0.0
062 N000300   0.0
062 O000300   0.0
062 P000300  91.2
062 Q000300   0.0
062 R000300   0.8
063 A000300   0
063 B000300  5.9
064 A000300 N
<PAGE>      PAGE  10
064 B000300 N
066 A000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300     21500
071 B000300      6300
071 C000300     18493
071 D000300   34
072 A000300  6
072 B000300     1009
072 C000300        0
072 D000300        0
072 E000300        0
<PAGE>      PAGE  11
072 F000300       40
072 G000300        0
072 H000300        0
072 I000300       10
072 J000300        2
072 K000300        0
072 L000300        0
072 M000300        0
072 N000300        4
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300        7
072 S000300        1
072 T000300        0
072 U000300        0
072 V000300        0
072 W000300        3
072 X000300       67
072 Y000300       14
072 Z000300      956
072AA000300      231
072BB000300      101
072CC010300      759
072CC020300        0
072DD010300      956
072DD020300        0
072EE000300        0
073 A010300   1.6314
073 A020300   0.0000
073 B000300   0.0000
073 C000300   0.0000
074 A000300        0
074 B000300     2239
074 C000300        0
074 D000300    25471
074 E000300        0
074 F000300        0
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300        0
074 K000300       14
074 L000300      665
074 M000300        0
074 N000300    28389
074 O000300      406
074 P000300        9
074 Q000300        0
074 R010300        0
074 R020300        0
<PAGE>      PAGE  12
074 R030300        0
074 R040300       29
074 S000300        0
074 T000300    27945
074 U010300      789
074 U020300        0
074 V010300    35.42
074 V020300     0.00
074 W000300   0.0000
074 X000300       17
074 Y000300        0
075 A000300        0
075 B000300    19685
076  000300     0.00
080 C000300        0
081 B000300   0
082 B000300        0
SIGNATURE   GEORGE HANSETH                               
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED SEMI-ANNUAL REPORT OF CMC SMALL CAP FUND (A PORTFOLIO OF CMC FUND
TRUST) DATED APRIL 30, 1995 AND THE AUDITED ANNUAL REPORT OF CMC SMALL CAP FUND
(A PORTFOLIO OF CMC FUND TRUST) DATED OCTOBER 31, 1994 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000854126
<NAME> CMC FUND TRUST
<SERIES>
   <NUMBER> 01
   <NAME> CMC SMALL CAP FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             NOV-01-1994
<PERIOD-END>                               APR-30-1995
<INVESTMENTS-AT-COST>                      346,543,666
<INVESTMENTS-AT-VALUE>                     374,895,885
<RECEIVABLES>                               10,557,281
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                        31,852,665
<TOTAL-ASSETS>                             417,305,831
<PAYABLE-FOR-SECURITIES>                     8,884,570
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      269,991
<TOTAL-LIABILITIES>                          9,154,561
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   360,465,456
<SHARES-COMMON-STOCK>                        7,925,992
<SHARES-COMMON-PRIOR>                        9,482,895
<ACCUMULATED-NII-CURRENT>                      859,340
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     18,474,255
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    28,352,219
<NET-ASSETS>                               408,151,270
<DIVIDEND-INCOME>                            2,472,581
<INTEREST-INCOME>                              667,586
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,689,920
<NET-INVESTMENT-INCOME>                      1,450,247
<REALIZED-GAINS-CURRENT>                    19,126,280
<APPREC-INCREASE-CURRENT>                  (1,810,710)
<NET-CHANGE-FROM-OPS>                       18,765,817
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      560,817
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        161,642
<NUMBER-OF-SHARES-REDEEMED>                  1,729,443
<SHARES-REINVESTED>                             10,898
<NET-CHANGE-IN-ASSETS>                    (59,800,685)
<ACCUMULATED-NII-PRIOR>                       (30,090)
<ACCUMULATED-GAINS-PRIOR>                    (652,025)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,632,714
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,689,920
<AVERAGE-NET-ASSETS>                       443,884,478
<PER-SHARE-NAV-BEGIN>                            49.35
<PER-SHARE-NII>                                    .17
<PER-SHARE-GAIN-APPREC>                           2.04
<PER-SHARE-DIVIDEND>                               .06
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              51.50
<EXPENSE-RATIO>                                    .76
<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
UNAUDITED SEMI-ANNUAL REPORT OF CMC INTERNATIONAL STOCK FUND (A PORTFOLIO OF CMC
FUND TRUST) DATED APRIL 30, 1995 AND THE AUDITED ANNUAL REPORT OF CMC
INTERNATIONAL STOCK FUND (A PORTFOLIO OF CMC FUND TRUST) DATED OCTOBER 31, 1994
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATMENTS.
</LEGEND>
<CIK> 0000854126
<NAME> CMC FUND TRUST
<SERIES>
   <NUMBER> 02
   <NAME> CMC INTERNATIONAL STOCK FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             NOV-01-1994
<PERIOD-END>                               APR-30-1995
<INVESTMENTS-AT-COST>                       69,740,912
<INVESTMENTS-AT-VALUE>                      71,033,026
<RECEIVABLES>                               17,374,340
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         5,041,004
<TOTAL-ASSETS>                              93,448,370
<PAYABLE-FOR-SECURITIES>                     4,169,962
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   16,519,119
<TOTAL-LIABILITIES>                         20,689,081
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    78,353,217
<SHARES-COMMON-STOCK>                        2,032,447
<SHARES-COMMON-PRIOR>                        2,133,679
<ACCUMULATED-NII-CURRENT>                      306,405
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (7,315,229)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,414,896
<NET-ASSETS>                                72,759,289
<DIVIDEND-INCOME>                              339,523
<INTEREST-INCOME>                              382,685
<OTHER-INCOME>                                (49,349)
<EXPENSES-NET>                                 366,454
<NET-INVESTMENT-INCOME>                        306,405
<REALIZED-GAINS-CURRENT>                   (6,459,533)
<APPREC-INCREASE-CURRENT>                  (2,033,386)
<NET-CHANGE-FROM-OPS>                      (8,186,514)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        212,149
<NUMBER-OF-SHARES-REDEEMED>                    313,381
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (11,538,891)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (855,696)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          276,456
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                366,454
<AVERAGE-NET-ASSETS>                        75,186,139
<PER-SHARE-NAV-BEGIN>                            39.51
<PER-SHARE-NII>                                    .15
<PER-SHARE-GAIN-APPREC>                         (3.86)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              35.80
<EXPENSE-RATIO>                                    .97
<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
UNAUDITED SEMI-ANNUAL REPORT OF CMC HIGH YIELD FUND (A PORTFOLIO OF CMC FUND
TRUST) DATED APRIL 30, 1995 AND THE AUDITED ANNUAL REPORT OF CMC HIGH YIELD FUN
(A PORTFOLIO OF CMC FUND TRUST) DATED OCTOBER 31, 1994 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000854126
<NAME> CMC FUND TRUST
<SERIES>
   <NUMBER> 03
   <NAME> CMC HIGH YIELD FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-START>                             NOV-01-1994
<PERIOD-END>                               APR-30-1995
<INVESTMENTS-AT-COST>                       24,810,438
<INVESTMENTS-AT-VALUE>                      25,470,529
<RECEIVABLES>                                  679,629
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         2,239,226
<TOTAL-ASSETS>                              28,389,384
<PAYABLE-FOR-SECURITIES>                       406,444
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       37,728
<TOTAL-LIABILITIES>                            444,172
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    27,163,764
<SHARES-COMMON-STOCK>                          788,882
<SHARES-COMMON-PRIOR>                          278,498
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