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<PAGE> PAGE 2
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<PAGE> PAGE 4
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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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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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SIGNATURE PETER LYDECKER
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME> COLONIAL TRUST VII
<SERIES>
<NUMBER> 1
<NAME> COLONIAL NEWPORT TIGER FUND, CLASS B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 1519074
<INVESTMENTS-AT-VALUE> 1915026
<RECEIVABLES> 11069
<ASSETS-OTHER> 5214
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1931309
<PAYABLE-FOR-SECURITIES> 0
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<OTHER-ITEMS-LIABILITIES> 13372
<TOTAL-LIABILITIES> 13372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1560266
<SHARES-COMMON-STOCK> 47271
<SHARES-COMMON-PRIOR> 41951
<ACCUMULATED-NII-CURRENT> 5291
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<ACCUMULATED-NET-GAINS> (43567)
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<EXPENSES-NET> (17368)
<NET-INVESTMENT-INCOME> 5856
<REALIZED-GAINS-CURRENT> (44020)
<APPREC-INCREASE-CURRENT> 106586
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3)
<DISTRIBUTIONS-OF-GAINS> (1973)
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<NUMBER-OF-SHARES-SOLD> 13430
<NUMBER-OF-SHARES-REDEEMED> (8211)
<SHARES-REINVESTED> 101
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<EXPENSE-RATIO> 2.44
<AVG-DEBT-OUTSTANDING> 0
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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-31-1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF COLONIAL
NEWPORT TIGER FUND, CLASS D YEAR END DEC-31-1997
</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-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 1519074
<INVESTMENTS-AT-VALUE> 1915026
<RECEIVABLES> 11069
<ASSETS-OTHER> 5214
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1931309
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13372
<TOTAL-LIABILITIES> 13372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1560266
<SHARES-COMMON-STOCK> 8152
<SHARES-COMMON-PRIOR> 7965
<ACCUMULATED-NII-CURRENT> 5291
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (43567)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 395947
<NET-ASSETS> 1917937
<DIVIDEND-INCOME> 21056
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<REALIZED-GAINS-CURRENT> (44020)
<APPREC-INCREASE-CURRENT> 106586
<NET-CHANGE-FROM-OPS> 68422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (347)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2825
<NUMBER-OF-SHARES-REDEEMED> (2652)
<SHARES-REINVESTED> 14
<NET-CHANGE-IN-ASSETS> 114059
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5676
<OVERDISTRIB-NII-PRIOR> (60)
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<AVERAGE-NET-ASSETS> 1812809
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<PER-SHARE-NII> 0.007
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<RETURNS-OF-CAPITAL> 0
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<EXPENSE-RATIO> 2.44
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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-31-1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF COLONIAL
NEWPORT TIGER FUND, CLASS T YEAR END DEC-31-1997
</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-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 1519074
<INVESTMENTS-AT-VALUE> 1915026
<RECEIVABLES> 11069
<ASSETS-OTHER> 5214
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1931309
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13372
<TOTAL-LIABILITIES> 13372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1560266
<SHARES-COMMON-STOCK> 11830
<SHARES-COMMON-PRIOR> 13647
<ACCUMULATED-NII-CURRENT> 5291
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (43567)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 395947
<NET-ASSETS> 1917937
<DIVIDEND-INCOME> 21056
<INTEREST-INCOME> 2168
<OTHER-INCOME> 0
<EXPENSES-NET> (17368)
<NET-INVESTMENT-INCOME> 5856
<REALIZED-GAINS-CURRENT> (44020)
<APPREC-INCREASE-CURRENT> 106586
<NET-CHANGE-FROM-OPS> 68422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (15)
<DISTRIBUTIONS-OF-GAINS> (497)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 172
<NUMBER-OF-SHARES-REDEEMED> (2018)
<SHARES-REINVESTED> 29
<NET-CHANGE-IN-ASSETS> 114059
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5676
<OVERDISTRIB-NII-PRIOR> (60)
<OVERDIST-NET-GAINS-PRIOR> 0
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 17368
<AVERAGE-NET-ASSETS> 1812809
<PER-SHARE-NAV-BEGIN> 13.750
<PER-SHARE-NII> 0.074
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<PER-SHARE-DIVIDEND> (0.001)
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<RETURNS-OF-CAPITAL> 0
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<EXPENSE-RATIO> 1.44
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</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-31-1997 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS OF COLONIAL
NEWPORT TIGER FUND, CLASS Z YEAR END DEC-31-1997
</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-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 1519074
<INVESTMENTS-AT-VALUE> 1915026
<RECEIVABLES> 11069
<ASSETS-OTHER> 5214
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1931309
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13372
<TOTAL-LIABILITIES> 13372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1560266
<SHARES-COMMON-STOCK> 24409
<SHARES-COMMON-PRIOR> 26674
<ACCUMULATED-NII-CURRENT> 5291
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (43567)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 395947
<NET-ASSETS> 1917937
<DIVIDEND-INCOME> 21056
<INTEREST-INCOME> 2168
<OTHER-INCOME> 0
<EXPENSES-NET> (17368)
<NET-INVESTMENT-INCOME> 5856
<REALIZED-GAINS-CURRENT> (44020)
<APPREC-INCREASE-CURRENT> 106586
<NET-CHANGE-FROM-OPS> 68422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (30)
<DISTRIBUTIONS-OF-GAINS> (1025)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3055
<NUMBER-OF-SHARES-REDEEMED> (5321)
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 114059
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5676
<OVERDISTRIB-NII-PRIOR> (60)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6928
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 17368
<AVERAGE-NET-ASSETS> 1812809
<PER-SHARE-NAV-BEGIN> 13.750
<PER-SHARE-NII> 0.074
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<PER-SHARE-DIVIDEND> (0.001)
<PER-SHARE-DISTRIBUTIONS> (0.042)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.250
<EXPENSE-RATIO> 1.44
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
