|
|
|
|
|
|
|
|
|
<PAGE> PAGE 1
000 B000000 12/31/98
000 C000000 0000867575
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 THE FAHNESTOCK FUNDS
001 B000000 811-6166
001 C000000 2126685770
002 A000000 125 BROAD STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10004
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 HUDSON CAPITAL APPRECIATION FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 HUDSON CAPITAL ADVISORS INC
008 B00AA01 A
008 C00AA01 801-31427
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10022
010 A00AA01 FAHNESTOCK + CO INC
010 B00AA01 801-04077
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10004
011 A00AA01 FAHNESTOCK + CO INC
011 B00AA01 8-04077
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10004
012 A00AA01 INVESTORS FIDUCIARY TRUST CO
<PAGE> PAGE 2
012 B00AA01 85-00535
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
013 A00AA01 PRICE WATERHOUSE COOPERS LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10019
014 A00AA01 FAHNESTOCK + CO INC
014 B00AA01 8-04077
015 A00AA01 INVESTORS FIDUCIARY TRUST
015 B00AA01 C
015 C01AA01 KANSAS CITY
015 C02AA01 MO
015 C03AA01 64105
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 1
019 C00AA00 FAHNESTOCK
020 A000001 MERRILL LYNCH
020 C000001 9
020 A000002 JANNEY MONT
020 C000002 6
020 A000003 SAL SMITH BARNEY
020 C000003 6
020 A000004 BURNHAM
020 C000004 4
020 A000005 ALEX BROWN
020 C000005 3
020 A000006 ROBERT W BAIRD & CO
020 C000006 2
020 A000007 CLEARY GULL
020 C000007 2
020 A000008 NATIONAL FINANCIAL SERVICES
020 C000008 2
020 A000009 HOWARD, WEIL, LABOUISSE
020 C000009 2
020 A000010 PRUDENTIAL
020 C000010 1
021 000000 45
022 A000001 STATE STREET BANK
022 C000001 127960
022 D000001 0
022 A000002 JANNEY MONTGOMERY
022 C000002 919
022 D000002 773
022 A000003 ADAMS, HARKNESS, AND HILL
022 C000003 1042
022 D000003 256
022 A000004 MORGAN KEEGAN
<PAGE> PAGE 3
022 C000004 363
022 D000004 842
022 A000005 GEORGE K. BAUM
022 C000005 577
022 D000005 618
022 A000006 ROBERT W BAIRD
022 C000006 1109
022 D000006 0
022 A000007 PRUDENTIAL
022 C000007 988
022 D000007 0
022 A000008 TUCKER ANTHONY
022 C000008 0
022 D000008 825
022 A000009 CRAIG HALLUM
022 C000009 705
022 D000009 0
022 A000010 MERRILL LYNCH PIERCE
022 C000010 0
022 D000010 491
023 C000000 134126
023 D000000 4262
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A01AA00 146
028 A02AA00 0
028 A03AA00 0
028 A04AA00 744
028 B01AA00 179
028 B02AA00 0
028 B03AA00 0
028 B04AA00 1792
028 C01AA00 248
028 C02AA00 0
<PAGE> PAGE 4
028 C03AA00 0
028 C04AA00 639
028 D01AA00 53
028 D02AA00 0
028 D03AA00 0
028 D04AA00 985
028 E01AA00 60
028 E02AA00 0
028 E03AA00 0
028 E04AA00 1185
028 F01AA00 1198
028 F02AA00 766
028 F03AA00 0
028 F04AA00 1563
028 G01AA00 1884
028 G02AA00 766
028 G03AA00 0
028 G04AA00 6908
028 H00AA00 48
029 00AA00 Y
030 A00AA00 2
030 B00AA00 4.50
030 C00AA00 2.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 2
034 00AA00 Y
035 00AA00 22
036 A00AA00 Y
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
042 A00AA00 30
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 70
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.000
048 A01AA00 25
<PAGE> PAGE 5
048 A02AA00 1.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 25
048 K02AA00 0.750
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 Y
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
<PAGE> PAGE 6
061 00AA00 100
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 Y
066 D00AA00 N
066 E00AA00 N
066 F00AA00 N
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 N
070 A02AA00 N
070 B01AA00 Y
070 B02AA00 N
070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
<PAGE> PAGE 7
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 N
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 N
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
071 A00AA00 14691
071 B00AA00 17208
071 C00AA00 35847
071 D00AA00 41
072 A00AA00 12
072 B00AA00 22
072 C00AA00 177
072 D00AA00 0
072 E00AA00 0
072 F00AA00 339
072 G00AA00 0
072 H00AA00 0
072 I00AA00 133
072 J00AA00 7
072 K00AA00 0
072 L00AA00 51
072 M00AA00 18
072 N00AA00 36
072 O00AA00 0
072 P00AA00 0
072 Q00AA00 0
072 R00AA00 59
072 S00AA00 83
072 T00AA00 103
072 U00AA00 0
072 V00AA00 0
072 W00AA00 0
072 X00AA00 829
072 Y00AA00 78
072 Z00AA00 -552
072AA00AA00 715
072BB00AA00 0
072CC01AA00 0
072CC02AA00 4695
<PAGE> PAGE 8
072DD01AA00 0
072DD02AA00 0
072EE00AA00 0
073 A01AA00 0.0000
073 A02AA00 0.0000
073 B00AA00 0.3800
073 C00AA00 0.0000
074 A00AA00 1
074 B00AA00 0
074 C00AA00 278
074 D00AA00 0
074 E00AA00 0
074 F00AA00 30575
074 G00AA00 0
074 H00AA00 0
074 I00AA00 0
074 J00AA00 34
074 K00AA00 0
074 L00AA00 1167
074 M00AA00 0
074 N00AA00 32055
074 O00AA00 233
074 P00AA00 0
074 Q00AA00 0
074 R01AA00 0
074 R02AA00 0
074 R03AA00 0
074 R04AA00 373
074 S00AA00 0
074 T00AA00 31449
074 U01AA00 2227073
074 U02AA00 0
074 V01AA00 14.13
074 V02AA00 0.00
074 W00AA00 0.0000
074 X00AA00 1780
074 Y00AA00 0
075 A00AA00 0
075 B00AA00 36678
076 00AA00 0.00
077 A000000 Y
077 B000000 Y
078 000000 N
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
086 A010000 0
086 A020000 0
086 B010000 0
<PAGE> PAGE 9
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE JOHN MARSHALL
TITLE MANAGER
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 011
<NAME> FundManager Portfolios
Hudson Capital Appreciation Fund
Class A
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Dec-31-1999
<PERIOD-END> Dec-31-1999
<INVESTMENTS-AT-COST> 29,053,988
<INVESTMENTS-AT-VALUE> 30,852,816
<RECEIVABLES> 1,201,193
<ASSETS-OTHER> 702
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,054,711
<PAYABLE-FOR-SECURITIES> 232,500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 372,873
<TOTAL-LIABILITIES> 605,373
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30,353,454
<SHARES-COMMON-STOCK> 1,792,907
<SHARES-COMMON-PRIOR> 1,812,846
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (899,748)
<ACCUMULATED-NET-GAINS> 196,804
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,798,828
<NET-ASSETS> 31,449,338
<DIVIDEND-INCOME> 176,914
<INTEREST-INCOME> 22,497
<OTHER-INCOME> 0
<EXPENSES-NET> 751,390
<NET-INVESTMENT-INCOME> (551,979)
<REALIZED-GAINS-CURRENT> 714,676
<APPREC-INCREASE-CURRENT> (4,694,671)
<NET-CHANGE-FROM-OPS> (4,531,974)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 626,454
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 390,048
<NUMBER-OF-SHARES-REDEEMED> 452,478
<SHARES-REINVESTED> 42,491
<NET-CHANGE-IN-ASSETS> (5,847,044)
<ACCUMULATED-NII-PRIOR> (347,769)
<ACCUMULATED-GAINS-PRIOR> 269,758
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 339,258
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 829,450
<AVERAGE-NET-ASSETS> 29,246,361
<PER-SHARE-NAV-BEGIN> 16.180
<PER-SHARE-NII> (0.240)
<PER-SHARE-GAIN-APPREC> (1.430)
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (0.380)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.130
<EXPENSE-RATIO> 2.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 012
<NAME> FundManager Portfolios
Hudson Capital Appreciation Fund
Class B
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Dec-31-1999
<PERIOD-END> Dec-31-1999
<INVESTMENTS-AT-COST> 29,053,988
<INVESTMENTS-AT-VALUE> 30,852,816
<RECEIVABLES> 1,201,193
<ASSETS-OTHER> 702
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,054,711
<PAYABLE-FOR-SECURITIES> 232,500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 372,873
<TOTAL-LIABILITIES> 605,373
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30,353,454
<SHARES-COMMON-STOCK> 191,337
<SHARES-COMMON-PRIOR> 131,929
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (899,748)
<ACCUMULATED-NET-GAINS> 196,804
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,798,828
<NET-ASSETS> 31,449,338
<DIVIDEND-INCOME> 176,914
<INTEREST-INCOME> 22,497
<OTHER-INCOME> 0
<EXPENSES-NET> 751,390
<NET-INVESTMENT-INCOME> (551,979)
<REALIZED-GAINS-CURRENT> 714,676
<APPREC-INCREASE-CURRENT> (4,694,671)
<NET-CHANGE-FROM-OPS> (4,531,974)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 70,383
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 93,322
<NUMBER-OF-SHARES-REDEEMED> 38,876
<SHARES-REINVESTED> 4,962
<NET-CHANGE-IN-ASSETS> (5,847,044)
<ACCUMULATED-NII-PRIOR> (347,769)
<ACCUMULATED-GAINS-PRIOR> 269,758
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 339,258
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 829,450
<AVERAGE-NET-ASSETS> 2,771,076
<PER-SHARE-NAV-BEGIN> 16.110
<PER-SHARE-NII> (0.340)
<PER-SHARE-GAIN-APPREC> (1.370)
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (0.380)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.020
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 013
<NAME> FundManager Portfolios
Hudson Capital Appreciation Fund
Class N
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Dec-31-1999
<PERIOD-END> Dec-31-1999
<INVESTMENTS-AT-COST> 29,053,988
<INVESTMENTS-AT-VALUE> 30,852,816
<RECEIVABLES> 1,201,193
<ASSETS-OTHER> 702
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,054,711
<PAYABLE-FOR-SECURITIES> 232,500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 372,873
<TOTAL-LIABILITIES> 605,373
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30,353,454
<SHARES-COMMON-STOCK> 242,829
<SHARES-COMMON-PRIOR> 361,383
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (899,748)
<ACCUMULATED-NET-GAINS> 196,804
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,798,828
<NET-ASSETS> 31,449,338
<DIVIDEND-INCOME> 176,914
<INTEREST-INCOME> 22,497
<OTHER-INCOME> 0
<EXPENSES-NET> 751,390
<NET-INVESTMENT-INCOME> (551,979)
<REALIZED-GAINS-CURRENT> 714,676
<APPREC-INCREASE-CURRENT> (4,694,671)
<NET-CHANGE-FROM-OPS> (4,531,974)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 90,793
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 118,105
<NUMBER-OF-SHARES-REDEEMED> 1,130
<SHARES-REINVESTED> 14,954
<NET-CHANGE-IN-ASSETS> (5,847,044)
<ACCUMULATED-NII-PRIOR> (347,769)
<ACCUMULATED-GAINS-PRIOR> 269,758
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 339,258
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 829,450
<AVERAGE-NET-ASSETS> 4,883,680
<PER-SHARE-NAV-BEGIN> 16.180
<PER-SHARE-NII> (0.240)
<PER-SHARE-GAIN-APPREC> (1.430)
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (0.380)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.130
<EXPENSE-RATIO> 2.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
|
|