CAPPIELLO RUSHMORE TRUST
NSAR-B, EX-27, 2000-08-28
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885113
<NAME> CAPPIELLO-RUSHMORE TRUST
<SERIES>
   <NUMBER> 1
   <NAME> UTILITY INCOME FUND
<MULTIPLIER> 1

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-START>                             JUL-01-1999
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                        4,728,531
<INVESTMENTS-AT-VALUE>                       5,589,866
<RECEIVABLES>                                  181,768
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               5,771,634
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       17,758
<TOTAL-LIABILITIES>                             17,758
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     3,923,800
<SHARES-COMMON-STOCK>                          519,333
<SHARES-COMMON-PRIOR>                          654,245
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        968,741
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       861,335
<NET-ASSETS>                                 5,753,876
<DIVIDEND-INCOME>                              310,871
<INTEREST-INCOME>                               16,070
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (75,792)
<NET-INVESTMENT-INCOME>                        251,149
<REALIZED-GAINS-CURRENT>                       991,771
<APPREC-INCREASE-CURRENT>                  (1,808,963)
<NET-CHANGE-FROM-OPS>                        (566,043)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (251,419)
<DISTRIBUTIONS-OF-GAINS>                     (265,222)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        417,700
<NUMBER-OF-SHARES-REDEEMED>                  (591,836)
<SHARES-REINVESTED>                             39,224
<NET-CHANGE-IN-ASSETS>                     (2,643,109)
<ACCUMULATED-NII-PRIOR>                            136
<ACCUMULATED-GAINS-PRIOR>                      242,192
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           25,256
<INTEREST-EXPENSE>                                  24
<GROSS-EXPENSE>                                 75,792
<AVERAGE-NET-ASSETS>                         7,189,868
<PER-SHARE-NAV-BEGIN>                           12.830
<PER-SHARE-NII>                                  0.440
<PER-SHARE-GAIN-APPREC>                        (1.310)
<PER-SHARE-DIVIDEND>                           (0.440)
<PER-SHARE-DISTRIBUTIONS>                      (0.440)
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             11.080
<EXPENSE-RATIO>                                  1.050


</TABLE>


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