HERCULES FUNDS INC
NSAR-B, 1995-08-31
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<PAGE>      PAGE  1
000 B000000 06/30/95
000 C000000 0000910241
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000 J000000 A
001 A000000 HERCULES FUNDS INC.
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002 B000000 MINNEAPOLIS
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002 D010000 55402
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007 C010300  3
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007 C010500  5
007 C020500 WORLD BOND FUND
007 C030500 N
007 C010600  6
007 C020600 GLOBAL SHORT-TERM FUND
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007 C010700  7
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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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  17
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008 A000401 HERCULES INTERNATIONAL MANAGEMENT LLC
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SIGNATURE   STEVE GAST                                   
TITLE       ACCOUNTING ASSOC.   
 


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<NET-INVESTMENT-INCOME>                           (42)
<REALIZED-GAINS-CURRENT>                         (113)
<APPREC-INCREASE-CURRENT>                          828
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<NUMBER-OF-SHARES-REDEEMED>                        516
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<ACCUMULATED-NII-PRIOR>                            (6)
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<PER-SHARE-NAV-BEGIN>                             9.86
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<PER-SHARE-NAV-END>                              11.10
<EXPENSE-RATIO>                                      2
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED> 
<CIK> 0000910241
<NAME> HERCULES FUNDS INC
<SERIES>
   <NUMBER> 3
   <NAME> PACIFIC BASIN VALUE FUND
<MULTIPLIER> 1000
<CURRENCY> U.S.DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1995
<PERIOD-START>                             JUL-01-1994
<PERIOD-END>                               JUN-30-1995
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                            34334
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<ASSETS-OTHER>                                    1033
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         36465
<SHARES-COMMON-STOCK>                             3496
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<NET-ASSETS>                                     31528
<DIVIDEND-INCOME>                                  362
<INTEREST-INCOME>                                 2552
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    7729
<NET-INVESTMENT-INCOME>                          (407)
<REALIZED-GAINS-CURRENT>                        (1463)
<APPREC-INCREASE-CURRENT>                       (4415)
<NET-CHANGE-FROM-OPS>                           (6286)
<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                           429
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<NUMBER-OF-SHARES-SOLD>                            832
<NUMBER-OF-SHARES-REDEEMED>                       1202
<SHARES-REINVESTED>                                 42
<NET-CHANGE-IN-ASSETS>                           (327)
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<AVERAGE-NET-ASSETS>                             38401
<PER-SHARE-NAV-BEGIN>                            10.68
<PER-SHARE-NII>                                    .10
<PER-SHARE-GAIN-APPREC>                           1.45
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<PER-SHARE-DISTRIBUTIONS>                          .11
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.02
<EXPENSE-RATIO>                                      2
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED> 
<CIK> 0000910241
<NAME> HERCULES FUNDS INC.
<SERIES>
   <NUMBER> 4
   <NAME> LATIN AMERICAN VALUE FUND
<MULTIPLIER> 1000
<CURRENCY> U.S.DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1995
<PERIOD-START>                             JUL-01-1994
<PERIOD-END>                               JUN-30-1995
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                            23607
<INVESTMENTS-AT-VALUE>                           22259
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<PAYABLE-FOR-SECURITIES>                             0
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         35253
<SHARES-COMMON-STOCK>                             3140
<SHARES-COMMON-PRIOR>                             3035
<ACCUMULATED-NII-CURRENT>                        (154)
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<NET-CHANGE-FROM-OPS>                           (6184)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED> 
<CIK> 0000910241
<NAME> HERCULES FUNDS INC.
<SERIES>
   <NUMBER> 5
   <NAME> WORLD BOND FUND
<MULTIPLIER> 1000
<CURRENCY> U.S.DOLLAR
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1995
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<REALIZED-GAINS-CURRENT>                        (1218)
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<NET-CHANGE-IN-ASSETS>                          (2060)
<ACCUMULATED-NII-PRIOR>                          (415)
<ACCUMULATED-GAINS-PRIOR>                        (825)
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-EXPENSE>                                    641
<AVERAGE-NET-ASSETS>                             25060
<PER-SHARE-NAV-BEGIN>                             9.32
<PER-SHARE-NII>                                    .45
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<EXPENSE-RATIO>                                   1.80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED> 
<CIK> 0000910241
<NAME> HERCULES FUNDS INC.
<SERIES>
   <NUMBER> 6
   <NAME> GLOBAL SHORT TERM FUND
<MULTIPLIER> 1000
<CURRENCY> U.S.DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1995
<PERIOD-START>                             JUL-01-1994
<PERIOD-END>                               JUN-30-1995
<EXCHANGE-RATE>                                      1
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<INVESTMENTS-AT-VALUE>                              99
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<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED> 
<CIK> 0000910241
<NAME> HERCULES FUNDS INC.
<SERIES>
   <NUMBER> 7
   <NAME> HERCULES MONEY MARKET FUND
<MULTIPLIER> 1000
<CURRENCY> U.S.DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-1995
<PERIOD-START>                             JUL-01-1995
<PERIOD-END>                               JUN-30-1995
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                             1301
<INVESTMENTS-AT-VALUE>                            1301
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<ASSETS-OTHER>                                      39
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<TOTAL-ASSETS>                                    1340
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          110
<TOTAL-LIABILITIES>                                110
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          1218
<SHARES-COMMON-STOCK>                             1230
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<ACCUMULATED-NII-CURRENT>                            0
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</TABLE>


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