NORTHSTAR ADVANTAGE TRUST
NSAR-A, 1998-06-29
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<PAGE>      PAGE  1
000 A000000 04/30/98
000 C000000 0000911294
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 NORTHSTAR TRUST
001 B000000 811-7978
001 C000000 2036027950
002 A000000 300 FIRST STAMFORD PLACE
002 B000000 STAMFORD
002 C000000 CT
002 D010000 06902
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C020100 NORTHSTAR GROWTH + VALUE FUND
007 C030100 N
007 C010200  2
007 C020200 NORTHSTAR INTERNATIONAL VALUE FUND
007 C030200 N
007 C010300  3
007 C020300 NORTHSTAR INCOME & GROWTH FUND
007 C030300 N
007 C010400  4
007 C020400 NORTHSTAR HIGH TOTAL RETURN FUND
007 C030400 N
007 C010500  5
007 C020500 NORTHSTAR HIGH TOTAL RETURN II FUND
007 C030500 N
007 C010600  6
007 C020600 NORTHSTAR EMERGING MARKETS VALUE FUND
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 NORTHSTAR INVESTMENT MANAGEMENT CORP
008 B00AA01 A
008 C00AA01 801-44637
008 D01AA01 STAMFORD
008 D02AA01 CT
008 D03AA01 06902
008 A00AA02 WILSON/ BENNETT CAPITAL MANAGEMENT, INC.
<PAGE>      PAGE  2
008 B00AA02 S
008 C00AA02 801-000000
008 D01AA02 MCLEAN
008 D02AA02 VA
008 D03AA02 22102
008 A00AA03 NAVELLIER FUND MANAGEMENT, INC.
008 B00AA03 S
008 C00AA03 801-000000
008 D01AA03 RENO
008 D02AA03 NV
008 D03AA03 89501
008 A00AA04 BRANDES INVESTMENT PARTNERS L.P.
008 B00AA04 S
008 C00AA04 801-000000
008 D01AA04 SAN DIEGO
008 D02AA04 CA
008 D03AA04 92130
010 A00AA01 NORTHSTAR ADMINISTRATORS CORP
010 C01AA01 STAMFORD
010 C02AA01 CT
010 C03AA01 06902
011 A00AA01 NORTHSTAR DISTRIBUTORS, INC.
011 B00AA01 8-38545
011 C01AA01 STAMFORD
011 C02AA01 CT
011 C03AA01 06902
012 A00AA01 FIRST DATA INVESTOR SERVICES GROUP, INC.
012 B00AA01 84-0000000
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02103
013 A00AA01 COOPERS AND LYBRAND
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10019
014 A00AA01 NORTHSTAR DISTRUBUTOR INC.
014 B00AA01 8-38545
014 A00AA02 WASHINGTION SQUARE SECURITIES INC.
014 B00AA02 8-00000000
014 A00AA03 PRIMEVEST FINANCIAL SERVICES, INC.
014 B00AA03 8-00000000
015 A00AA01 STATE STREET BANK AND TRUST
015 B00AA01 C
015 C01AA01 NORTH QUINCY
015 C02AA01 MA
015 C03AA01 02171
015 C04AA01 2197
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   17
<PAGE>      PAGE  3
019 C00AA00 NORTHSTARF
020 A000001 LEHEMAN BROTHERS
020 B000001 13-2518466
020 C000001  59840
020 A000002 MERRILL LYNCH PIERCE FENNER SMITH INC.
020 B000002 13-5674085
020 C000002  55634
020 A000003 MORGAN STANLEY AND CO., INC.
020 B000003 13-2655998
020 C000003  53713
020 A000004 CAPITAL INSTITUTION SERVICES
020 C000004  48475
020 A000005 UBS SECURITIES
020 B000005 13-2932996
020 C000005  37093
020 A000006 PRUDENTIAL SECURITIES, INC.
020 B000006 13-2308901
020 C000006  31948
020 A000007 ERNST & YOUNG
020 B000007 13-6659846
020 C000007  31251
020 A000008 HOENIG
020 B000008 13-3724403
020 C000008  30463
020 A000009 FLEMING JARDINE
020 B000009 13-2647786
020 C000009  26922
020 A000010 SALOMON BROTHERS
020 C000010  25072
021  000000   400411
022 A000001 STATE STREET BANK & TRUST
022 B000001 04-1867445
022 C000001   9373450
022 D000001         0
022 A000002 JEFFERIES & CO., INC.
022 B000002 13-3720227
022 C000002    143822
022 D000002    176296
022 A000003 CS FIRST BOSTON   .
022 B000003 13-5659485
022 C000003     91527
022 D000003     61267
022 A000004 BT ALEX BROWN
022 B000004 52-1319768
022 C000004     45096
022 D000004    102534
022 A000005 GOLDMAN SACHS & CO.
022 B000005 13-5108880
022 C000005     83545
022 D000005     21366
022 A000006 DONALDSON, LUFKIN, JENRENTTE
<PAGE>      PAGE  4
022 B000006 13-2741729
022 C000006     56336
022 D000006     63463
022 A000007 BEAR STEARNS
022 B000007 13-3299429
022 C000007     35002
022 D000007     62037
022 A000008 MERRILL LYNCH PIERCE FENNER SMITH
022 B000008 13-5674085
022 C000008     55793
022 D000008     33264
022 A000009 CHASE MANHATTAN BANK
022 B000009 13-3112953
022 C000009     53748
022 D000009     33832
022 A000010 DEUTSCHE BANK
022 C000010     46748
022 D000010     16039
023 C000000    9985067
023 D000000     570098
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<PAGE>      PAGE  5
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060 B00AA00 Y
061  00AA00     2500
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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  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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062 O000400   0.0
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062 Q000400   0.0
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063 A000400   0
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064 A000400 Y
064 B000400 Y
065  000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
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072 A000400 12
072 B000400    44758
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<PAGE>      PAGE  20
072 S000400        0
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073 A020400   0.0000
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074 D000400   690580
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074 F000400     5255
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074 I000400    29676
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074 M000400       38
074 N000400   869510
074 O000400     4706
074 P000400     1246
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074 R020400        0
074 R030400        0
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074 S000400        0
074 T000400   859979
074 U010400    42563
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074 V010400     4.78
074 V020400     0.00
074 W000400   0.0000
074 X000400    36542
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<PAGE>      PAGE  21
076  000400     0.00
028 A010500     20825
028 A020500       140
028 A030500         0
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028 B010500     35824
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028 E040500      1598
028 F010500     26670
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042 A000500   0
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042 D000500   0
042 E000500   0
042 F000500   0
042 G000500   0
042 H000500   0
043  000500    599
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045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.750
048 A010500        0
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<PAGE>      PAGE  22
048 D020500 0.000
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063 B000500  9.3
064 A000500 Y
064 B000500 Y
065  000500 N
066 A000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
071 A000500    264684
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072 A000500  6
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
042 H000600   0
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048 I020600 0.000
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062 B000600   0.0
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062 F000600   0.0
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062 H000600   0.0
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062 R000600   0.0
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066 A000600 Y
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<PAGE>      PAGE  26
067  000600 N
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072EE000600        0
073 A010600   0.0000
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<PAGE>      PAGE  27
074 G000600        0
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075 B000600     2095
076  000600     0.00
SIGNATURE   GUY NORDAHL                                  
TITLE       MANAGER             
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 3
   <NAME> INCOME AND GROWTH CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        169027147
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 3
   <NAME> INCOME AND GROWTH CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        169027148
<INVESTMENTS-AT-VALUE>                       195506512
<RECEIVABLES>                                  1435762
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 3
   <NAME> INCOME AND GROWTH CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        169027148
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<RECEIVABLES>                                  1435762
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<PER-SHARE-NAV-END>                              12.71
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 4
   <NAME> HIGH TOTAL RETURN-A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
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<PERIOD-END>                               APR-30-1998
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<TOTAL-LIABILITIES>                            9530660
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     849394284
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      2122892
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<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (3253470)
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<NET-ASSETS>                                 859978713
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<EQUALIZATION>                                       0
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<PER-SHARE-NII>                                    .24
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<EXPENSE-RATIO>                                   1.29
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 4
   <NAME> HIGH TOTAL RETURN-B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PER-SHARE-NII>                                    .22
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 4
   <NAME> HIGH TOTAL RETURN-C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        820841739
<INVESTMENTS-AT-VALUE>                       832550989
<RECEIVABLES>                                 24606803
<ASSETS-OTHER>                                12313866
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<PER-SHARE-NAV-BEGIN>                             5.02
<PER-SHARE-NII>                                    .22
<PER-SHARE-GAIN-APPREC>                         (0.06)
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<EXPENSE-RATIO>                                   2.01
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 2
   <NAME> INTERNATIONAL VALUE FUND-A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        323585315
<INVESTMENTS-AT-VALUE>                       358828801
<RECEIVABLES>                                  8855494
<ASSETS-OTHER>                                32405205
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<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
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<PAID-IN-CAPITAL-COMMON>                     353893992
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<INTEREST-INCOME>                               431971
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<REALIZED-GAINS-CURRENT>                       8992796
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-REDEEMED>                 (52083645)
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<PER-SHARE-NAV-BEGIN>                            10.90
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                           2.04
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<EXPENSE-RATIO>                                   1.71
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 2
   <NAME> INTERNATIONAL VALUE FUND-B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        323585315
<INVESTMENTS-AT-VALUE>                       358828801
<RECEIVABLES>                                  8855494
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<OTHER-ITEMS-LIABILITIES>                      1131047
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<PAID-IN-CAPITAL-COMMON>                     353893992
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<ACCUMULATED-NET-GAINS>                        9455795
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<NET-ASSETS>                                 399020797
<DIVIDEND-INCOME>                              2699426
<INTEREST-INCOME>                               431971
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<EXPENSES-NET>                                 2695291
<NET-INVESTMENT-INCOME>                         436106
<REALIZED-GAINS-CURRENT>                       8992796
<APPREC-INCREASE-CURRENT>                     33960608
<NET-CHANGE-FROM-OPS>                         43389510
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     (1549040)
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<NUMBER-OF-SHARES-SOLD>                      226320816
<NUMBER-OF-SHARES-REDEEMED>                 (52083645)
<SHARES-REINVESTED>                            1115781
<NET-CHANGE-IN-ASSETS>                       217193422
<ACCUMULATED-NII-PRIOR>                           5612
<ACCUMULATED-GAINS-PRIOR>                      2012039
<OVERDISTRIB-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                   0
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<PER-SHARE-NAV-BEGIN>                            10.87
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                           1.99
<PER-SHARE-DIVIDEND>                                 0
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<EXPENSE-RATIO>                                   2.43
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 2
   <NAME> INTERNATIONAL VALUE FUND-C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        323585315
<INVESTMENTS-AT-VALUE>                       358828801
<RECEIVABLES>                                  8855494
<ASSETS-OTHER>                                32405205
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<TOTAL-ASSETS>                               400151844
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1131047
<TOTAL-LIABILITIES>                            1131047
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     353893992
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<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       441718
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        9455795
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      35229292
<NET-ASSETS>                                 399020797
<DIVIDEND-INCOME>                              2699426
<INTEREST-INCOME>                               431971
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 2695291
<NET-INVESTMENT-INCOME>                         436106
<REALIZED-GAINS-CURRENT>                       8992796
<APPREC-INCREASE-CURRENT>                     33960608
<NET-CHANGE-FROM-OPS>                         43389510
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
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<NUMBER-OF-SHARES-SOLD>                      226320816
<NUMBER-OF-SHARES-REDEEMED>                 (52083645)
<SHARES-REINVESTED>                            1115781
<NET-CHANGE-IN-ASSETS>                       217193422
<ACCUMULATED-NII-PRIOR>                           5612
<ACCUMULATED-GAINS-PRIOR>                      2695291
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                          1242461
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<AVERAGE-NET-ASSETS>                          79777081
<PER-SHARE-NAV-BEGIN>                            10.85
<PER-SHARE-NII>                                    .00
<PER-SHARE-GAIN-APPREC>                           2.00
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.09)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.77
<EXPENSE-RATIO>                                   2.43
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 6
   <NAME> EMERGING MARKETS VALUE CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        4,745,399
<INVESTMENTS-AT-VALUE>                       4,705,008
<RECEIVABLES>                                  342,899
<ASSETS-OTHER>                               1,148,239
<OTHER-ITEMS-ASSETS>                             2,645
<TOTAL-ASSETS>                               6,198,791
<PAYABLE-FOR-SECURITIES>                       244,575
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       40,860
<TOTAL-LIABILITIES>                            285,435
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     5,932,077
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       21,793
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            128
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (40,642)
<NET-ASSETS>                                 5,913,356
<DIVIDEND-INCOME>                               28,605
<INTEREST-INCOME>                                8,322
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   15134
<NET-INVESTMENT-INCOME>                          21793
<REALIZED-GAINS-CURRENT>                           128
<APPREC-INCREASE-CURRENT>                     (40,642)
<NET-CHANGE-FROM-OPS>                         (18,721)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                      6,054,179
<NUMBER-OF-SHARES-REDEEMED>                    122,102
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       5,932,077
<ACCUMULATED-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 59,883
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<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                           0.46
<PER-SHARE-DIVIDEND>                                 0
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<PER-SHARE-NAV-END>                              10.51
<EXPENSE-RATIO>                                   1.77
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 6
   <NAME> EMERGING MARKETS VALUE CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        4,745,399
<INVESTMENTS-AT-VALUE>                       4,705,008
<RECEIVABLES>                                  342,899
<ASSETS-OTHER>                               1,148,239
<OTHER-ITEMS-ASSETS>                             2,645
<TOTAL-ASSETS>                               6,198,791
<PAYABLE-FOR-SECURITIES>                       244,575
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       40,860
<TOTAL-LIABILITIES>                            285,435
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     5,932,077
<SHARES-COMMON-STOCK>                                0
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<ACCUMULATED-NII-CURRENT>                       21,793
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            128
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (40,642)
<NET-ASSETS>                                 5,913,356
<DIVIDEND-INCOME>                               28,605
<INTEREST-INCOME>                                8,322
<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                          21793
<REALIZED-GAINS-CURRENT>                           128
<APPREC-INCREASE-CURRENT>                     (40,642)
<NET-CHANGE-FROM-OPS>                         (18,721)
<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-SOLD>                      6,054,179
<NUMBER-OF-SHARES-REDEEMED>                    122,102
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       5,932,077
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
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<EXPENSE-RATIO>                                   2.50
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 6
   <NAME> EMERGING MARKETS VALUE CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        4,745,399
<INVESTMENTS-AT-VALUE>                       4,705,008
<RECEIVABLES>                                  342,899
<ASSETS-OTHER>                               1,148,239
<OTHER-ITEMS-ASSETS>                             2,645
<TOTAL-ASSETS>                               6,198,791
<PAYABLE-FOR-SECURITIES>                       244,575
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       40,860
<TOTAL-LIABILITIES>                            285,435
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     5,932,077
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<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       21,793
<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (40,642)
<NET-ASSETS>                                 5,913,356
<DIVIDEND-INCOME>                               28,605
<INTEREST-INCOME>                                8,322
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<NET-INVESTMENT-INCOME>                          21793
<REALIZED-GAINS-CURRENT>                           128
<APPREC-INCREASE-CURRENT>                     (40,642)
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-REDEEMED>                    122,102
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       5,932,077
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
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<GROSS-ADVISORY-FEES>                            6,886
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 59,883
<AVERAGE-NET-ASSETS>                           548,016
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                           0.44
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.47
<EXPENSE-RATIO>                                   2.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST 
<SERIES>
   <NUMBER> 1
   <NAME> GROWTH + VALUE CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        148246356
<INVESTMENTS-AT-VALUE>                       177172965
<RECEIVABLES>                                  3547703
<ASSETS-OTHER>                                 2812837
<OTHER-ITEMS-ASSETS>                             19321
<TOTAL-ASSETS>                               183552826
<PAYABLE-FOR-SECURITIES>                         93441
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      2161676
<TOTAL-LIABILITIES>                            2255117
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     162553281
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (912880)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (9269301)
<ACCUM-APPREC-OR-DEPREC>                      28926609
<NET-ASSETS>                                 181297709
<DIVIDEND-INCOME>                               530847
<INTEREST-INCOME>                               291755
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1735482
<NET-INVESTMENT-INCOME>                       (912880)
<REALIZED-GAINS-CURRENT>                     (9447350)
<APPREC-INCREASE-CURRENT>                     18409869  
<NET-CHANGE-FROM-OPS>                          8049639
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     (2294747)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       53806487
<NUMBER-OF-SHARES-REDEEMED>                 (17453873)
<SHARES-REINVESTED>                            1274064
<NET-CHANGE-IN-ASSETS>                        43381570
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      2472796  
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           774689
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1735482
<AVERAGE-NET-ASSETS>                          37656017
<PER-SHARE-NAV-BEGIN>                            12.15
<PER-SHARE-NII>                                  (.04)
<PER-SHARE-GAIN-APPREC>                            .55
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.18)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.48
<EXPENSE-RATIO>                                   1.69
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST 
<SERIES>
   <NUMBER> 1
   <NAME> GROWTH + VALUE CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        148246356
<INVESTMENTS-AT-VALUE>                       177172965
<RECEIVABLES>                                  3547703
<ASSETS-OTHER>                                 2812837
<OTHER-ITEMS-ASSETS>                             19321
<TOTAL-ASSETS>                               183552826
<PAYABLE-FOR-SECURITIES>                         93441
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      2161676
<TOTAL-LIABILITIES>                            2255117
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     162553281
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (912880)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (9269301)
<ACCUM-APPREC-OR-DEPREC>                      28926609
<NET-ASSETS>                                 181297709
<DIVIDEND-INCOME>                               530847
<INTEREST-INCOME>                               291755
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1735482
<NET-INVESTMENT-INCOME>                       (912880)
<REALIZED-GAINS-CURRENT>                     (9447350)
<APPREC-INCREASE-CURRENT>                     18409869
<NET-CHANGE-FROM-OPS>                          8049639
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     (2294747)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       53806487
<NUMBER-OF-SHARES-REDEEMED>                 (17453873)
<SHARES-REINVESTED>                            1274064
<NET-CHANGE-IN-ASSETS>                        43381570
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      2472796
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           774689
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1735482
<AVERAGE-NET-ASSETS>                          88308489
<PER-SHARE-NAV-BEGIN>                            12.08  
<PER-SHARE-NII>                                  (.07)
<PER-SHARE-GAIN-APPREC>                            .53
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.18)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.36
<EXPENSE-RATIO>                                   2.41
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST 
<SERIES>
   <NUMBER> 1
   <NAME> GROWTH + VALUE CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                        148246356
<INVESTMENTS-AT-VALUE>                       177172965
<RECEIVABLES>                                  3547703
<ASSETS-OTHER>                                 2812837
<OTHER-ITEMS-ASSETS>                             19321
<TOTAL-ASSETS>                               183552826
<PAYABLE-FOR-SECURITIES>                         93441
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      2161676
<TOTAL-LIABILITIES>                            2255117
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     162553281
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (912880)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (9269301)
<ACCUM-APPREC-OR-DEPREC>                      28926609
<NET-ASSETS>                                 181297709
<DIVIDEND-INCOME>                               530847
<INTEREST-INCOME>                               291755
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1735482
<NET-INVESTMENT-INCOME>                       (912880)
<REALIZED-GAINS-CURRENT>                     (9447350)
<APPREC-INCREASE-CURRENT>                     18409869
<NET-CHANGE-FROM-OPS>                          8049639
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     (2294747)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       53806487
<NUMBER-OF-SHARES-REDEEMED>                 (17453873)
<SHARES-REINVESTED>                            1274064
<NET-CHANGE-IN-ASSETS>                        43381570
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      2472796
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           774689
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1735482
<AVERAGE-NET-ASSETS>                          30257249
<PER-SHARE-NAV-BEGIN>                            12.08  
<PER-SHARE-NII>                                  (.07)
<PER-SHARE-GAIN-APPREC>                            .53
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.18)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.36
<EXPENSE-RATIO>                                   2.42
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 5
   <NAME> HIGH TOTAL RETURN FUND II CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                      188,364,751
<INVESTMENTS-AT-VALUE>                     191,123,625
<RECEIVABLES>                               18,788,164
<ASSETS-OTHER>                               2,740,774
<OTHER-ITEMS-ASSETS>                            20,359
<TOTAL-ASSETS>                             212,672,922
<PAYABLE-FOR-SECURITIES>                     1,137,208
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      707,344
<TOTAL-LIABILITIES>                          1,844,552
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   207,623,389
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                         756,991
<ACCUMULATED-NET-GAINS>                      1,202,713
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     2,759,259
<NET-ASSETS>                               210,828,370
<DIVIDEND-INCOME>                              311,621
<INTEREST-INCOME>                            6,392,936
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,359,184
<NET-INVESTMENT-INCOME>                      5,345,373
<REALIZED-GAINS-CURRENT>                     1,202,713
<APPREC-INCREASE-CURRENT>                    2,724,209
<NET-CHANGE-FROM-OPS>                        9,272,295
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    6,102,364
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    162,898,034
<NUMBER-OF-SHARES-REDEEMED>                 16,060,828
<SHARES-REINVESTED>                          1,863,258
<NET-CHANGE-IN-ASSETS>                     148,700,464
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          499,889
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,387,049
<AVERAGE-NET-ASSETS>                        19,514,971
<PER-SHARE-NAV-BEGIN>                             5.49
<PER-SHARE-NII>                                   0.23
<PER-SHARE-GAIN-APPREC>                           0.18
<PER-SHARE-DIVIDEND>                              0.25
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               5.65
<EXPENSE-RATIO>                                   1.43
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 5
   <NAME> HIGH TOTAL RETURN FUND II CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                      188,364,751
<INVESTMENTS-AT-VALUE>                     191,123,625
<RECEIVABLES>                               18,788,164
<ASSETS-OTHER>                               2,740,774
<OTHER-ITEMS-ASSETS>                            20,359
<TOTAL-ASSETS>                             212,672,922
<PAYABLE-FOR-SECURITIES>                     1,137,208
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      707,344
<TOTAL-LIABILITIES>                          1,844,552
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   207,623,389
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                         756,991
<ACCUMULATED-NET-GAINS>                      1,202,713
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     2,759,259
<NET-ASSETS>                               210,828,370
<DIVIDEND-INCOME>                              311,621
<INTEREST-INCOME>                            6,392,936
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,359,184
<NET-INVESTMENT-INCOME>                      5,345,373
<REALIZED-GAINS-CURRENT>                     1,202,713
<APPREC-INCREASE-CURRENT>                    2,724,209
<NET-CHANGE-FROM-OPS>                        9,272,295
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    6,102,364
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    162,898,034
<NUMBER-OF-SHARES-REDEEMED>                 16,060,828
<SHARES-REINVESTED>                          1,863,258
<NET-CHANGE-IN-ASSETS>                     148,700,464
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          499,889
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,387,049
<AVERAGE-NET-ASSETS>                        85,512,406
<PER-SHARE-NAV-BEGIN>                             5.49
<PER-SHARE-NII>                                   0.21
<PER-SHARE-GAIN-APPREC>                           0.19
<PER-SHARE-DIVIDEND>                              0.23
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               5.66
<EXPENSE-RATIO>                                   2.14
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000911294
<NAME> NORTHSTAR TRUST
<SERIES>
   <NUMBER> 5
   <NAME> HIGH TOTAL RETURN FUND II CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                      188,364,751
<INVESTMENTS-AT-VALUE>                     191,123,625
<RECEIVABLES>                               18,788,164
<ASSETS-OTHER>                               2,740,774
<OTHER-ITEMS-ASSETS>                            20,359
<TOTAL-ASSETS>                             212,672,922
<PAYABLE-FOR-SECURITIES>                     1,137,208
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      707,344
<TOTAL-LIABILITIES>                          1,844,552
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   207,623,389
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                         756,991
<ACCUMULATED-NET-GAINS>                      1,202,713
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     2,759,259
<NET-ASSETS>                               210,828,370
<DIVIDEND-INCOME>                              311,621
<INTEREST-INCOME>                            6,392,936
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,359,184
<NET-INVESTMENT-INCOME>                      5,345,373
<REALIZED-GAINS-CURRENT>                     1,202,713
<APPREC-INCREASE-CURRENT>                    2,724,209
<NET-CHANGE-FROM-OPS>                        9,272,295
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    6,102,364
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    162,898,034
<NUMBER-OF-SHARES-REDEEMED>                 16,060,828
<SHARES-REINVESTED>                          1,863,258
<NET-CHANGE-IN-ASSETS>                     148,700,464
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          499,889
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,387,049
<AVERAGE-NET-ASSETS>                        29,381,179
<PER-SHARE-NAV-BEGIN>                             5.50
<PER-SHARE-NII>                                   0.21
<PER-SHARE-GAIN-APPREC>                           0.18
<PER-SHARE-DIVIDEND>                              0.23
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               5.66
<EXPENSE-RATIO>                                   2.14
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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