PREFERRED GROUP OF MUTUAL FUNDS
NSAR-B, EX-27, 2000-08-29
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885414
<NAME> THE PREFERRED GROUP OF MUTUAL FUNDS
<SERIES>
   <NUMBER> 4
   <NAME> PREFERRED FIXED INCOME FUND

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-START>                             JUL-01-1999
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                      178,427,367
<INVESTMENTS-AT-VALUE>                     177,592,504
<RECEIVABLES>                                1,851,409
<ASSETS-OTHER>                                   2,429
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             179,446,342
<PAYABLE-FOR-SECURITIES>                    11,752,837
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      119,274
<TOTAL-LIABILITIES>                         11,872,111
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   179,299,486
<SHARES-COMMON-STOCK>                       17,622,567
<SHARES-COMMON-PRIOR>                       18,444,425
<ACCUMULATED-NII-CURRENT>                       46,933
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (10,823,769)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (948,419)
<NET-ASSETS>                               167,574,231
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           11,833,425
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,171,460
<NET-INVESTMENT-INCOME>                     10,661,965
<REALIZED-GAINS-CURRENT>                    (8,967,609)
<APPREC-INCREASE-CURRENT>                    4,349,834
<NET-CHANGE-FROM-OPS>                        6,044,190
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   10,661,965
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,630,673
<NUMBER-OF-SHARES-REDEEMED>                  5,564,885
<SHARES-REINVESTED>                          1,112,354
<NET-CHANGE-IN-ASSETS>                     (12,473,957)
<ACCUMULATED-NII-PRIOR>                         21,439
<ACCUMULATED-GAINS-PRIOR>                   (1,830,666)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          866,460
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,171,460
<AVERAGE-NET-ASSETS>                       171,950,244
<PER-SHARE-NAV-BEGIN>                             9.76
<PER-SHARE-NII>                                   0.59
<PER-SHARE-GAIN-APPREC>                          (0.25)
<PER-SHARE-DIVIDEND>                              0.59
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.51
<EXPENSE-RATIO>                                   0.68


</TABLE>


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