MONTGOMERY FUNDS I
NSAR-B, EX-27, 2000-08-29
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000863435
<NAME> THE MONTGOMERY FUNDS
<SERIES>
   <NUMBER> 012
   <NAME> SMALL CAP FUND, CLASS P
<MULTIPLIER> 1

<S>                             <C>
<PERIOD-TYPE>                  12-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-START>                             JUL-01-1999
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                       98,087,557
<INVESTMENTS-AT-VALUE>                     130,905,020
<RECEIVABLES>                                    2,303
<ASSETS-OTHER>                                   2,185
<OTHER-ITEMS-ASSETS>                         5,066,715
<TOTAL-ASSETS>                             135,976,223
<PAYABLE-FOR-SECURITIES>                     2,120,301
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,306,896
<TOTAL-LIABILITIES>                          5,427,197
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    62,362,736
<SHARES-COMMON-STOCK>                        1,278,037
<SHARES-COMMON-PRIOR>                        1,260,377
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     35,368,827
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    32,817,463
<NET-ASSETS>                               130,549,026
<DIVIDEND-INCOME>                              126,507
<INTEREST-INCOME>                              146,053
<OTHER-INCOME>                                  23,218
<EXPENSES-NET>                             (1,951,407)
<NET-INVESTMENT-INCOME>                    (1,655,629)
<REALIZED-GAINS-CURRENT>                    52,130,304
<APPREC-INCREASE-CURRENT>                  (8,034,704)
<NET-CHANGE-FROM-OPS>                       42,439,971
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                         (471)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        454,868
<NUMBER-OF-SHARES-REDEEMED>                  (437,231)
<SHARES-REINVESTED>                                 23
<NET-CHANGE-IN-ASSETS>                     (3,380,194)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (6,874,371)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          654,623
<INTEREST-EXPENSE>                                 890
<GROSS-EXPENSE>                                890,210
<AVERAGE-NET-ASSETS>                        25,417,149
<PER-SHARE-NAV-BEGIN>                            16.35
<PER-SHARE-NII>                                 (0.28)
<PER-SHARE-GAIN-APPREC>                           5.78
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.85
<EXPENSE-RATIO>                                   1.61



</TABLE>


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