ARBOR FUND
NSAR-A, 1998-09-29
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<PAGE>      PAGE  1
000 A000000 07/31/98
000 C000000 0000890540
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 THE ARBOR FUND
001 B000000 811-7102
001 C000000 8005456331
002 A000000 2 OLIVER STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 13
007 C010100  1
007 C020100 GOLDEN OAK PRIME OBLIGATION MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 GOLDEN OAK INTERMEDIATE TERM INCOME PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 GOLDEN OAK GROWTH PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 GOLDEN OAK MICHIGAN TAX FREE BOND PORTFOLIO
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C020700 OVB PRIME OBLIGATION MONEY MARKET
007 C030700 N
007 C010800  8
007 C020800 OVB CAPITAL APPRECIATION PORTFOLIO
007 C030800 N
007 C010900  9
007 C020900 OVB EMERGING GROWTH PORTFOLIO
007 C030900 N
007 C011000 10
007 C021000 OVB GOVERNMENT SECURITIES PORTFOLIO
007 C031000 N
007 C011100 11
007 C021100 OVB WEST VIRGINIA TAX EXEMPT INCOME PORTFOLIO
007 C031100 N
<PAGE>      PAGE  2
007 C011200 12
007 C021200 U.S. GOVERNMENT SECURITIES MONEY FUND
007 C031200 N
007 C011300 13
007 C021300 PRIME OBLIGATIONS FUND
007 C031300 N
007 C011400 14
007 C021400 GOLDEN OAK VALUE PORTFOLIO
007 C031400 N
007 C011500 15
007 C021500 OVB EQUITY INCOME PORTFOLIO
007 C031500 N
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 SEI INVESTMENTS MUTUAL FUNDS SERVICES
010 B00AA01 8-27897
010 C01AA01 OAKS
010 C02AA01 PA
010 C03AA01 19456
011 A00AA01 SEI INVESTMENTS CORPORATION
011 B00AA01 8-27897
011 C01AA01 OAKS
011 C02AA01 PA
011 C03AA01 19456
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
014 A00AA01 SEI INVESTMENTS DISTRIBUTION COMPANY
014 B00AA01 8-27897
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   13
019 C00AA00 ARBORFUNDS
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020 A000003 BRICK SECURITIES
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020 A000004 SEI
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020 A000005 PAINE WEBBER
020 C000005     10
020 A000006 INTERSTATE GROUP
020 B000006 56-0276690
<PAGE>      PAGE  3
020 C000006     10
020 A000007 LEHMAN BROTHERS
020 B000007 13-2927667
020 C000007      6
020 A000008 BEAR STEARNS
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020 C000008      6
020 A000009 MERRILL LYNCH
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020 C000009      4
020 A000010 BRIDGE TRADING
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021  000000      247
022 A000001 GREENWICH
022 B000001 13-3172275
022 C000001   1026632
022 D000001   1140928
022 A000002 PAINE WEBBER
022 B000002 13-2760086
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022 D000002   1014037
022 A000003 MERRILL LYNCH
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022 C000003    820414
022 D000003    521979
022 A000004 JP MORGAN
022 C000004    504807
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022 A000005 LEHMAN BROTHERS
022 B000005 13-2927667
022 C000005    386635
022 D000005     26051
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006    323594
022 D000006      3914
022 A000007 MORGAN STANLEY
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022 C000007    124528
022 D000007     62913
022 A000008 DRESDNER KLEINWORT BENSON
022 C000008     94168
022 D000008     95637
022 A000009 CS FIRST BOSTON
022 B000009 13-5659485
022 C000009    145829
022 D000009      6233
022 A000010 KEY CAPITAL
022 C000010    127929
022 D000010         0
<PAGE>      PAGE  4
023 C000000    5216245
023 D000000    3527662
026 A000000 N
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026 F000000 N
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026 G020000 N
026 H000000 N
027  000000 Y
054 A00AA00 Y
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054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
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054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
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054 O00AA00 N
077 A000000 N
008 A000101 CITIZENS BANK
008 B000101 A
008 C000101 801-0000
008 D010101 FLINT
008 D020101 MI
008 D030101 48502
008 A000102 WELLINGTON MANAGEMENT COMPANY, LLP
008 B000102 S
008 C000102 801-15908
008 D010102 BOSTON
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012 A000101 DST SYSTEMS, INC.
012 B000101 84-1963
012 C010101 KANSAS CITY
012 C020101 MO
012 C030101 64105
015 A000101 CORESTATES BANK, N.A.
015 B000101 C
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<PAGE>      PAGE  5
024  000100 Y
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<PAGE>      PAGE  6
044  000100      0
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<PAGE>      PAGE  7
072 Y000100      131
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073 A010100   0.0262
073 A020100   0.0250
073 B000100   0.0000
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074 A000100        1
074 B000100        0
074 C000100   129004
074 D000100        0
074 E000100        0
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074 U020100     5910
074 V010100     1.00
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028 A020200         1
028 A030200         0
028 A040200      1201
<PAGE>      PAGE  8
028 B010200      2973
028 B020200         0
028 B030200         0
028 B040200       521
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028 G010200     16600
028 G020200         5
028 G030200         0
028 G040200      8691
028 H000200         0
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
062 D000200   1.4
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.8
062 M000200  42.7
062 N000200  10.4
062 O000200   0.0
062 P000200  32.8
062 Q000200  11.9
062 R000200   0.0
063 A000200   0
063 B000200  9.2
064 A000200 N
064 B000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
<PAGE>      PAGE  9
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200     75836
071 B000200     66289
071 C000200    114664
071 D000200   58
072 A000200  6
072 B000200     4017
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072 F000200      324
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<PAGE>      PAGE  10
072 P000200        0
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072 S000200        6
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072 Z000200     3596
072AA000200      624
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072DD020200        4
072EE000200        0
073 A010200   0.2758
073 A020200   0.2635
073 B000200   0.0000
073 C000200   0.0000
074 A000200        0
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074 C000200    13504
074 D000200   117314
074 E000200        0
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074 L000200     1811
074 M000200       28
074 N000200   134541
074 O000200        0
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074 R020200        0
074 R030200        0
074 R040200      729
074 S000200        0
074 T000200   133812
074 U010200    13338
074 U020200       40
074 V010200    10.03
074 V020200    10.03
074 W000200   0.0000
074 X000200       20
<PAGE>      PAGE  11
074 Y000200        0
075 A000200        0
075 B000200   130494
076  000200     0.00
024  000300 Y
025 A000301 JP MORGAN
025 B000301 13-3224016
025 C000301 D
025 D000301    1978
028 A010300       684
028 A020300         0
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028 G010300      6793
028 G020300         0
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062 A000300 N
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062 C000300   0.0
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062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
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062 L000300   0.0
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<PAGE>      PAGE  12
062 N000300   0.0
062 O000300   0.0
062 P000300   0.0
062 Q000300   0.0
062 R000300   0.0
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 N
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300     12442
071 B000300     12056
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
074 R040300       43
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074 V010300    15.13
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074 W000300   0.0000
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024  000400 N
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<PAGE>      PAGE  15
062 I000400   0.0
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062 L000400   1.9
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062 O000400  98.2
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<PAGE>      PAGE  16
073 A010400   0.2210
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<PAGE>      PAGE  17
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042 F000700   0
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062 E000700   0.0
062 F000700  14.2
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062 H000700   0.0
062 I000700  58.2
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<PAGE>      PAGE  18
062 L000700  16.3
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<PAGE>      PAGE  19
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025 C000801 E
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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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024  000900 Y
025 A000901 MORGAN STANLEY
025 B000901 13-2655998
025 C000901 D
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<PAGE>      PAGE  23
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042 E000900 100
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062 A000900 N
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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024  001000 Y
025 A001001 MORGAN STANLEY
025 B001001 13-2655998
025 C001001 D
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025 C001002 D
025 D001002     988
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<PAGE>      PAGE  26
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042 G001000   0
042 H001000   0
043  001000      1
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062 A001000 Y
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071 C001000     50947
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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075 B001000    52276
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024  001100 N
028 A011100      1829
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<PAGE>      PAGE  29
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044  001100      0
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064 A001100 Y
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<PAGE>      PAGE  30
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074 D001100    96759
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024  001200 Y
<PAGE>      PAGE  31
025 A001201 GREENWICH
025 B001201 13-3172775
025 C001201 D
025 D001201   83040
025 A001202 FIRST BOSTON
025 B001202 13-5659485
025 C001202 D
025 D001202   30000
025 A001203 MERRILL LYNCH
025 B001203 13-5674085
025 C001203 D
025 D001203   23808
025 A001204 JP MORGAN
025 B001204 13-3224016
025 C001204 D
025 D001204   15970
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025 D001207       0
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028 A011200    489710
028 A021200      1299
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028 A041200    602114
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028 B021200      1060
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028 C021200      1124
028 C031200         0
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028 G041200   3679250
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<PAGE>      PAGE  32
062 C001200  62.0
062 D001200  37.8
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062 H001200   0.0
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062 J001200   0.0
062 K001200   0.0
062 L001200   0.2
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<PAGE>      PAGE  33
072DD021200        0
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073 A011200   0.0300
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074 C001200   618993
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074 F001200        0
074 G001200        0
074 H001200        0
074 I001200        0
074 J001200        0
074 K001200        0
074 L001200     4916
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074 R041200     3986
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074 T001200   619923
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024  001300 Y
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025 C001301 D
025 D001301   97176
025 A001302 BANKERS TRUST
025 B001302 13-3166617
025 C001302 D
025 D001302   39995
025 A001303 GE CAPITAL
025 B001303 06-1109503
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<PAGE>      PAGE  34
025 D001303   39755
025 A001304 GREENWICH
025 B001304 13-3172275
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025 B001305 13-5674085
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025 D001305   31389
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025 D001308   25000
025 A001309 SOCIETE GENERAL
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025 D001309   24994
025 A001310 JP MORGAN
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025 D001310   21070
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025 D001311   21000
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025 D001312   20000
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025 C001313 D
025 D001313   14995
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025 D001314    9708
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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SIGNATURE   MARK E. NAGLE                                
TITLE       CONTROLLER          
 


<TABLE> <S> <C>

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<TABLE> <S> <C>

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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000890540
<NAME> ARBOR
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000890540
<NAME> ARBOR
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</TABLE>

<TABLE> <S> <C>

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</TABLE>

<TABLE> <S> <C>

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<EXPENSE-RATIO>                                   1.32
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 040
   <NAME> GOLDEN OAK MICHIGAN TAX FREE BOND CLASS I
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<EXPENSE-RATIO>                                    .65
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 041
   <NAME> GOLDEN OAK MICHIGAN TAX FREE BOND CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             FEB-01-1998
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 070
   <NAME> OVB PRIME OBLIGATIONS CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 071
   <NAME> OVB PRIME OBLIGATIONS CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 080
   <NAME> OVB CAPITAL APPRECIATION CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 081
   <NAME> OVB CAPITAL APPRECIATION CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 090
   <NAME> OVB EMERGING GROWTH CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 091
   <NAME> OVB EMERGING GROWTH CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
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   <NUMBER> 100
   <NAME> OVB GOVERNMENT SECURITIES CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 101
   <NAME> OVB GOVERNMENT SECURITIES CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 110
   <NAME> OVB WEST VIRGINIA TAX EXEMPT CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 111
   <NAME> OVB WEST VIRGINIA TAX EXEMPT CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR FUNDS
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   <NUMBER> 120
   <NAME> U.S. GOVERNMENT SECURITIES MONEY MARKET FUND
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR FUNDS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 141
   <NAME> GOLDEN OAK VALUE
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
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   <NUMBER> 150
   <NAME> OVB EQUITY INCOME CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000890540
<NAME> ARBOR
<SERIES>
   <NUMBER> 151
   <NAME> OVB EQUITY INCOME CLASS B
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>


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