<PAGE> PAGE 1
000 B000000 03/31/98
000 C000000 895414
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 NICHOLAS-APPLEGATE INVESTMENT TRUST
001 B000000 811-7384
001 C000000 6196878000
002 A000000 600 WEST BROADWAY, 29TH FLOOR
002 B000000 SAN DIEGO
002 C000000 CA
002 D010000 92101
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 18
007 C010100 1
007 C020100 CORE GROWTH FUND
007 C030100 N
007 C010200 2
007 C020200 INCOME & GROWTH FUND
007 C030200 N
007 C010300 3
007 C020300 BALANCED GROWTH FUND
007 C030300 N
007 C010400 4
007 C020400 WORLDWIDE GROWTH FUND
007 C030400 N
007 C010500 5
007 C020500 GOVERNMENT INCOME FUND
007 C030500 N
007 C010600 6
007 C020600 MONEY MARKET FUND
007 C030600 N
007 C010700 7
007 C020700 EMERGING GROWTH FUND
007 C030700 N
007 C010800 8
007 C020800 INTERNATIONAL SMALL CAP GROWTH FUND
007 C030800 N
007 C010900 9
007 C020900 EMERGING COUNTRIES FUND
007 C030900 N
007 C011000 10
007 C021000 MINI-CAP GROWTH FUND
<PAGE> PAGE 2
007 C031000 N
007 C011100 11
007 C021100 FULLY DISCRETIONARY FIXED INCOME FUND
007 C031100 N
007 C011200 12
007 C021200 SHORT-INCOME FIXED INCOME FUND
007 C031200 N
007 C011300 13
007 C021300 VALUE FUND
007 C031300 N
007 C011400 14
007 C021400 STRATEGIC INCOME FUND
007 C031400 N
007 C011500 15
007 C021500 HIGH YIELD BOND FUND
007 C031500 Y
007 C011600 16
007 C021600 INTERNATIONAL CORE GROWTH FUND
007 C031600 N
007 C011700 17
007 C021700 LARGE CAP GROWTH FUND
007 C031700 N
007 C011800 18
007 C021800 GLOBAL GROWTH & INCOME FUND
007 C031800 N
007 C011900 19
007 C012000 20
025 D001501 0
025 D001502 0
025 D001503 0
025 D001504 0
025 D001505 0
025 D001506 0
025 D001507 0
025 D001508 0
028 A011500 0
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028 B041500 0
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028 C021500 0
028 C031500 0
028 C041500 0
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028 D021500 0
028 D031500 0
028 D041500 0
<PAGE> PAGE 3
028 E011500 0
028 E021500 0
028 E031500 0
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028 F011500 0
028 F021500 0
028 F031500 0
028 F041500 0
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045 001500 Y
046 001500 N
047 001500 Y
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048 A021500 0.000
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048 B021500 0.000
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048 D011500 0
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048 E011500 0
048 E021500 0.000
048 F011500 0
048 F021500 0.000
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048 G021500 0.000
048 H011500 0
048 H021500 0.000
048 I011500 0
048 I021500 0.000
048 J011500 0
048 J021500 0.000
048 K011500 0
048 K021500 0.000
049 001500 N
050 001500 N
051 001500 N
052 001500 N
053 A001500 Y
053 B001500 Y
053 C001500 N
055 A001500 N
055 B001500 N
056 001500 Y
057 001500 N
062 A001500 Y
<PAGE> PAGE 4
062 B001500 0.0
062 C001500 0.0
062 D001500 0.0
062 E001500 0.0
062 F001500 0.0
062 G001500 0.0
062 H001500 0.0
062 I001500 0.0
062 J001500 0.0
062 K001500 0.0
062 L001500 0.0
062 M001500 0.0
062 N001500 0.0
062 O001500 0.0
062 P001500 0.0
062 Q001500 0.0
062 R001500 0.0
063 A001500 0
063 B001500 0.0
066 A001500 N
067 001500 N
068 A001500 N
068 B001500 N
069 001500 N
070 A011500 Y
070 A021500 N
070 B011500 Y
070 B021500 N
070 C011500 Y
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 Y
070 F021500 N
070 G011500 Y
070 G021500 N
070 H011500 Y
070 H021500 N
070 I011500 Y
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 N
070 L011500 Y
070 L021500 N
070 M011500 Y
070 M021500 N
070 N011500 Y
<PAGE> PAGE 5
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 N
070 P021500 N
070 Q011500 Y
070 Q021500 N
070 R011500 Y
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073 A011500 0.0000
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<PAGE> PAGE 6
074 B001500 0
074 C001500 0
074 D001500 0
074 E001500 0
074 F001500 0
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074 H001500 0
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074 T001500 0
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074 U021500 0
074 V011500 0.00
074 V021500 0.00
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025 D001801 0
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028 C021800 0
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<PAGE> PAGE 7
028 C041800 0
028 D011800 0
028 D021800 0
028 D031800 0
028 D041800 0
028 E011800 0
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045 001800 Y
046 001800 N
047 001800 Y
048 001800 0.850
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048 I011800 0
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048 J011800 0
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048 K011800 0
048 K021800 0.000
049 001800 N
050 001800 N
051 001800 N
052 001800 N
053 A001800 Y
053 B001800 Y
053 C001800 N
<PAGE> PAGE 8
055 A001800 N
055 B001800 N
056 001800 Y
057 001800 N
062 A001800 N
062 B001800 0.0
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062 D001800 0.0
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062 L001800 0.0
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062 P001800 0.0
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066 A001800 Y
066 E001800 Y
067 001800 N
068 A001800 N
068 B001800 Y
069 001800 N
070 A011800 Y
070 A021800 N
070 B011800 Y
070 B021800 N
070 C011800 Y
070 C021800 N
070 D011800 Y
070 D021800 N
070 E011800 Y
070 E021800 N
070 F011800 Y
070 F021800 N
070 G011800 Y
070 G021800 N
070 H011800 Y
070 H021800 N
070 I011800 Y
070 I021800 N
070 J011800 Y
070 J021800 N
070 K011800 Y
070 K021800 N
070 L011800 Y
<PAGE> PAGE 9
070 L021800 Y
070 M011800 Y
070 M021800 Y
070 N011800 Y
070 N021800 N
070 O011800 Y
070 O021800 N
070 P011800 N
070 P021800 N
070 Q011800 Y
070 Q021800 N
070 R011800 Y
070 R021800 N
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073 A011800 0.0000
<PAGE> PAGE 10
073 A021800 0.0000
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076 001800 0.00
SIGNATURE ERIC BANHAZL
TITLE ASSISTANT TREASURER
