<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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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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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 N
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 N
070 J020600 N
070 K010600 N
070 K020600 N
070 L010600 N
070 L020600 N
<PAGE> PAGE 21
070 M010600 N
070 M020600 N
070 N010600 N
070 N020600 N
070 O010600 N
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 0
071 B000600 0
071 C000600 0
071 D000600 0
072 A000600 6
072 B000600 472
072 C000600 0
072 D000600 0
072 E000600 0
072 F000600 39
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 0
072 K000600 0
072 L000600 0
072 M000600 0
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 0
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072 X000600 48
072 Y000600 9
072 Z000600 433
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072BB000600 2
072CC010600 0
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072DD010600 406
072DD020600 0
072EE000600 0
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073 A020600 0.0000
<PAGE> PAGE 22
073 B000600 0.0000
073 C000600 0.0000
074 A000600 572
074 B000600 0
074 C000600 23960
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075 A000600 53591
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008 B000701 A
008 C000701 801-00000
008 D010701 SAN FRANCISCO
008 D020701 CA
008 D030701 94105
008 A000702 BZW GLOBAL FUND ADVISORS
008 B000702 S
008 C000702 801-00000
008 D010702 SAN FRANCISCO
008 D020702 CA
008 D030702 94105
024 000700 N
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<PAGE> PAGE 23
028 A040700 0
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028 D010700 380
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028 E010700 4564
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028 F010700 5223
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028 F040700 7362
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055 A000700 Y
055 B000700 N
056 000700 N
057 000700 N
058 A000700 N
058 B000700 N
058 C000700 N
058 D000700 N
058 E000700 N
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060 A000700 Y
060 B000700 Y
061 000700 1000
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
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062 J000700 0.0
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<PAGE> PAGE 24
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 0
063 B000700 0.0
070 A010700 N
070 A020700 N
070 B010700 N
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 N
070 J020700 N
070 K010700 N
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 N
070 N020700 N
070 O010700 N
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
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071 B000700 143335
071 C000700 1141832
071 D000700 13
072 A000700 6
072 B000700 6996
072 C000700 2687
<PAGE> PAGE 25
072 D000700 0
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072 F000700 734
072 G000700 2
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072 I000700 25
072 J000700 0
072 K000700 0
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072 N000700 1
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072 Q000700 0
072 R000700 3
072 S000700 9
072 T000700 5
072 U000700 0
072 V000700 0
072 W000700 0
072 X000700 780
072 Y000700 0
072 Z000700 8903
072AA000700 37823
072BB000700 0
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072CC020700 25579
072DD010700 8787
072DD020700 0
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073 A020700 0.0000
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074 C000700 5364
074 D000700 575827
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074 N000700 1170937
074 O000700 0
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<PAGE> PAGE 26
074 R010700 0
074 R020700 0
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008 A000801 WELLS FARGO BANK, NA
008 B000801 A
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008 D030801 94105
008 A000802 BZW BARCLAYS GLOBAL FUND ADVISORS
008 B000802 S
008 C000802 801-00000
008 D010802 SAN FRANCISCO
008 D020802 CA
008 D030802 94105
024 000800 N
028 A010800 0
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<PAGE> PAGE 27
028 F030800 0
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062 A000800 N
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070 A010800 N
070 A020800 N
070 B010800 N
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070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
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<PAGE> PAGE 28
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 N
070 J020800 N
070 K010800 N
070 K020800 N
070 L010800 N
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 N
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
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071 B000800 2851
071 C000800 357225
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<PAGE> PAGE 29
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008 A000901 WELLS FARGO BANK, NA
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<PAGE> PAGE 30
008 D010901 SAN FRANCISCO
008 D020901 CA
008 D030901 94105
008 A000902 BZW BARCLAYS GLOBAL FUND ADVUSORS
008 B000902 S
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024 000900 N
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<PAGE> PAGE 31
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063 B000900 5.6
064 A000900 N
064 B000900 N
070 A010900 N
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070 C020900 N
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070 H020900 N
070 I010900 N
070 I020900 N
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070 J020900 N
070 K010900 N
070 K020900 N
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070 L020900 N
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070 M020900 N
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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SIGNATURE ANN BONSTEEL
TITLE ASST.SECRETARY
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<NAME> SHORT-TERM GOVERNMENT-CORPORATE INCOME MASTER PORTFOLIO
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