COLONIAL TRUST VII
NSAR-A, 1995-08-30
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<PAGE>      PAGE  1
000 A000000 06/30/95
000 C000000 0000876980
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 COLONIAL NEWPORT TIGER FUND
001 B000000 811-6347
001 C000000 6174263750
002 A000000 ONE FINANCIAL CENTER
002 B000000 BOSTON
002 C000000 MA
002 D010000 02111
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 COLONIAL NEWPORT TIGER 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 NEWPORT PACIFIC MANAGMENT
008 B00AA01 A
008 C00AA01 801-31850
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94104
010 A00AA01 COLONIAL MANAGEMENT ASSOCIATES, INC
010 B00AA01 801-2019
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02111
012 A00AA01 COLONIAL INVESTORS SERVICE CENTER, INC
012 B00AA01 84-1329
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02111
013 A00AA01 PRICE WATERHOUSE LLP
<PAGE>      PAGE  2
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
015 A00AA01 BROWN BROTHERS HARRIMAN & CO
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02109
015 E01AA01 X
015 A00AA02 STANDARD CHARTERED BANK
015 B00AA02 S
015 C01AA02 SHANGHAI
015 D01AA02 CHINA
015 E04AA02 X
015 A00AA03 STANDARD CHARTERED BANK
015 B00AA03 S
015 C01AA03 SHENZHEN
015 D01AA03 CHINA
015 E04AA03 X
015 A00AA04 HONGKONG AND SHANGHAI BANKING CORP
015 B00AA04 S
015 C01AA04 HONGKONG
015 D01AA04 HONGKONG
015 E04AA04 X
015 A00AA05 CITIBANK, N.A.
015 B00AA05 S
015 C01AA05 JAKARTA
015 D01AA05 INDONESIA
015 E04AA05 X
015 A00AA06 CITIBANK, N.A.
015 B00AA06 S
015 C01AA06 SEOUL
015 D01AA06 SOUTH KOREA
015 E04AA06 X
015 A00AA07 HONGKONG AND SHANGHAI BANKING CORP
015 B00AA07 S
015 C01AA07 KUALA LUMPUR
015 D01AA07 MALAYSIA
015 E04AA07 X
015 A00AA08 HONGKONG AND SHANGHAI BANKING CORP
015 B00AA08 S
015 C01AA08 SINGAPORE
015 D01AA08 SINGAPORE
015 E04AA08 X
015 A00AA09 HONGKONG AND SHANGHAI BANKING CORP
015 B00AA09 S
015 C01AA09 BANKOK
015 D01AA09 THAILAND
015 E04AA09 X
018  00AA00 Y
019 A00AA00 Y
<PAGE>      PAGE  3
019 B00AA00   39
019 C00AA00 COLGPFUNDS
020 A000001 PAINEWEBBER INC
020 B000001 13-2638166
020 C000001     16
020 A000002 INSTINET
020 B000002 13-3443395
020 C000002     15
020 A000003 BRIDGE TRADING
020 B000003 43-1450530
020 C000003     11
020 A000004 FIRST BOSTON CORP
020 B000004 13-5659485
020 C000004      6
020 A000005 GOLDMAN, SACHS & CO
020 B000005 13-5108880
020 C000005      3
020 A000006 MORGAN STANLEY & CO
020 B000006 13-2655998
020 C000006      3
020 A000007 SALOMON BROTHERS
020 B000007 13-3082694
020 C000007      2
020 A000008 JEFFERIES & CO
020 B000008 95-2622900
020 C000008      1
020 A000009 LEHMAN BROTHERS
020 B000009 13-2518466
020 C000009      1
020 A000010 SMITH BARNEY SHEARSON
020 B000010 13-1912900
020 C000010      1
021  000000       59
022 A000001 LEHMAN BORHTERS
022 B000001 13-2518466
022 C000001    456357
022 D000001       311
022 A000002 BANKERS TRUST CO
022 B000002 13-4941247
022 C000002    231665
022 D000002         0
022 A000003 CHASE SECURITIES
022 B000003 13-3112953
022 C000003     36432
022 D000003         0
022 A000004 TRUSTER SINGER
022 B000004 22-4891009
022 C000004      2920
022 D000004       953
022 A000005 HERZOG, HEINE, GEDULD INC
022 B000005 13-1955436
<PAGE>      PAGE  4
022 C000005      2004
022 D000005      1468
022 A000006 MERRILL LYNCH PIERCE FENNER AND SMITH
022 B000006 13-5674085
022 C000006      1360
022 D000006      1850
022 A000007 JEFFERIES & CO
022 B000007 95-2622900
022 C000007      1797
022 D000007       713
022 A000008 SMITH BARNEY SHEARSON
022 B000008 13-1912900
022 C000008      1615
022 D000008       714
022 A000009 PAINEWEBBER INC
022 B000009 13-2638166
022 C000009      1683
022 D000009       523
022 A000010 MORGAN STANLEY & CO
022 B000010 13-2655998
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022 D000010       610
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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070 D01AA00 N
070 D02AA00 N
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070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
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<PAGE>      PAGE  8
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 N
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070 L02AA00 Y
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070 M02AA00 Y
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070 N02AA00 N
070 O01AA00 Y
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070 P02AA00 N
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070 R01AA00 N
070 R02AA00 N
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<PAGE>      PAGE  9
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077 A000000 N
SIGNATURE   JANET SHORE                                  
TITLE       ASSISTANT SECRETARY 
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS OF COLONIAL NEWPORT TIGER FUND, CLASS A YEAR END DEC-31-1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF COLONIAL
NEWPORT TIGER FUND, CLASS A YEAR END DEC-31-1995.
</LEGEND>
<CIK> 0000876980
<NAME> COLONIAL TRUST VII
<SERIES>
   <NUMBER> 1
   <NAME> COLONIAL NEWPORT TIGER FUND, CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-END>                               JUN-30-1995
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<INVESTMENTS-AT-VALUE>                          598400
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<EXPENSES-NET>                                    3832
<NET-INVESTMENT-INCOME>                           3862
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS OF COLONIAL NEWPORT TIGER FUND, CLASS B YEAR END DEC-31-1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF COLONIAL
NEWPORT TIGER FUND, CLASS B YEAR END DEC-31-1995
</LEGEND>
<CIK> 0000876980
<NAME> COLONIAL TRUST VII
<SERIES>
   <NUMBER> 1
   <NAME> COLONIAL NEWPORT TIGER FUND, CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-END>                               JUN-30-1995
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<INVESTMENTS-AT-VALUE>                          598400
<RECEIVABLES>                                     6172
<ASSETS-OTHER>                                      52
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<REALIZED-GAINS-CURRENT>                        (4682)
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS OF COLONIAL NEWPORT TIGER FUND, CLASS D YEAR END DEC-31-1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF COLONIAL
NEWPORT TIGER FUND, CLASS D YEAR END DEC-31-1995.
</LEGEND>
<CIK> 0000876980
<NAME> COLONIAL TRUST VII
<SERIES>
   <NUMBER> 1
   <NAME> COLONIAL NEWPORT TIGER FUND, CLASS D
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<INVESTMENTS-AT-COST>                           452169
<INVESTMENTS-AT-VALUE>                          598400
<RECEIVABLES>                                     6172
<ASSETS-OTHER>                                      52
<OTHER-ITEMS-ASSETS>                              8202
<TOTAL-ASSETS>                                  612826
<PAYABLE-FOR-SECURITIES>                          2020
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<NET-ASSETS>                                    608844
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<INTEREST-INCOME>                                  314
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<EXPENSES-NET>                                    3832
<NET-INVESTMENT-INCOME>                           3862
<REALIZED-GAINS-CURRENT>                        (4682)
<APPREC-INCREASE-CURRENT>                        60314
<NET-CHANGE-FROM-OPS>                            59494
<EQUALIZATION>                                       0
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<ACCUMULATED-NII-PRIOR>                            658
<ACCUMULATED-GAINS-PRIOR>                          (9)
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS OF COLONIAL NEWPORT TIGER FUND, CLASS T YEAR END DEC-31-1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF COLONIAL
NEWPORT TIGER FUND, CLASS T YEAR END DEC-31-1995
</LEGEND>
<CIK> 0000876980
<NAME> COLONIAL TRUST VII
<SERIES>
   <NUMBER> 1
   <NAME> COLONIAL NEWPORT TIGER FUND, CLASS T
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<INVESTMENTS-AT-COST>                           452169
<INVESTMENTS-AT-VALUE>                          598400
<RECEIVABLES>                                     6172
<ASSETS-OTHER>                                      52
<OTHER-ITEMS-ASSETS>                              8202
<TOTAL-ASSETS>                                  612826
<PAYABLE-FOR-SECURITIES>                          2020
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1962
<TOTAL-LIABILITIES>                               3982
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        152401
<SHARES-COMMON-STOCK>                            17447
<SHARES-COMMON-PRIOR>                            18601
<ACCUMULATED-NII-CURRENT>                         4071
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (4673)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        146267
<NET-ASSETS>                                    608844
<DIVIDEND-INCOME>                                 7380
<INTEREST-INCOME>                                  314
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    3832
<NET-INVESTMENT-INCOME>                           3862
<REALIZED-GAINS-CURRENT>                        (4682)
<APPREC-INCREASE-CURRENT>                        60314
<NET-CHANGE-FROM-OPS>                            59494
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          179
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           3025
<NUMBER-OF-SHARES-REDEEMED>                       3639
<SHARES-REINVESTED>                                 14
<NET-CHANGE-IN-ASSETS>                          152603
<ACCUMULATED-NII-PRIOR>                            658
<ACCUMULATED-GAINS-PRIOR>                          (9)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             2031
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   3832
<AVERAGE-NET-ASSETS>                            209270
<PER-SHARE-NAV-BEGIN>                            10.80
<PER-SHARE-NII>                                  0.075
<PER-SHARE-GAIN-APPREC>                          1.125
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.99
<EXPENSE-RATIO>                                   1.49
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                00
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS OF COLONIAL NEWPORT TIGER FUND, CLASS Z YEAR END DEC-31-1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF COLONIAL
NEWPORT TIGER FUND, CLASS Z YEAR END DEC-31-1995
</LEGEND>
<CIK> 0000876980
<NAME> COLONIAL TRUST VII
<SERIES>
   <NUMBER> 1
   <NAME> COLONIAL NEWPORT TIGER FUND, CLASS Z
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<INVESTMENTS-AT-COST>                           452169
<INVESTMENTS-AT-VALUE>                          598400
<RECEIVABLES>                                     6172
<ASSETS-OTHER>                                      52
<OTHER-ITEMS-ASSETS>                              8202
<TOTAL-ASSETS>                                  612826
<PAYABLE-FOR-SECURITIES>                          2020
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1962
<TOTAL-LIABILITIES>                               3982
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        242523
<SHARES-COMMON-STOCK>                            27438
<SHARES-COMMON-PRIOR>                            27797
<ACCUMULATED-NII-CURRENT>                         4071
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (4673)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        146267
<NET-ASSETS>                                    608844
<DIVIDEND-INCOME>                                 7380
<INTEREST-INCOME>                                  314
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    3832
<NET-INVESTMENT-INCOME>                           3862
<REALIZED-GAINS-CURRENT>                        (4682)
<APPREC-INCREASE-CURRENT>                        60314
<NET-CHANGE-FROM-OPS>                            59494
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          270
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          17092
<NUMBER-OF-SHARES-REDEEMED>                      13857
<SHARES-REINVESTED>                                 20
<NET-CHANGE-IN-ASSETS>                          152603
<ACCUMULATED-NII-PRIOR>                            658
<ACCUMULATED-GAINS-PRIOR>                          (9)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             2031
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   3832
<AVERAGE-NET-ASSETS>                            329063
<PER-SHARE-NAV-BEGIN>                            10.80
<PER-SHARE-NII>                                  0.075
<PER-SHARE-GAIN-APPREC>                          1.125
<PER-SHARE-DIVIDEND>                              0.01
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.99
<EXPENSE-RATIO>                                   1.49
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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