ALLEGHANY FUNDS
NSAR-B, EX-27, 2000-12-29
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<TABLE> <S> <C>

<ARTICLE>                                6
<SERIES>
<NUMBER>                                 061
<NAME>                                   Growth Fund-Class N

<S>                                      <C>
<PERIOD-TYPE>                            YEAR
<FISCAL-YEAR-END>                        OCT-31-2000
<PERIOD-START>                           OCT-31-1999
<PERIOD-END>                             OCT-31-2000
<INVESTMENTS-AT-COST>                                    2,405,505,024
<INVESTMENTS-AT-VALUE>                                   2,713,963,241
<RECEIVABLES>                                                5,463,712
<ASSETS-OTHER>                                                   6,340
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                           2,719,433,293
<PAYABLE-FOR-SECURITIES>                                     6,783,680
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                   28,238,236
<TOTAL-LIABILITIES>                                         35,021,916
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                 2,038,026,939
<SHARES-COMMON-STOCK>                                       43,120,710
<SHARES-COMMON-PRIOR>                                       48,657,984
<ACCUMULATED-NII-CURRENT>                                      180,218
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                    337,716,003
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                   308,488,217
<NET-ASSETS>                                             2,684,411,377
<DIVIDEND-INCOME>                                           26,828,974
<INTEREST-INCOME>                                              758,453
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                             (27,407,209)
<NET-INVESTMENT-INCOME>                                        180,218
<REALIZED-GAINS-CURRENT>                                   337,718,133
<APPREC-INCREASE-CURRENT>                                 (364,014,769)
<NET-CHANGE-FROM-OPS>                                      (26,116,418)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                   (79,026,102)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                     25,596,000
<NUMBER-OF-SHARES-REDEEMED>                                 33,273,816
<SHARES-REINVESTED>                                          2,140,542
<NET-CHANGE-IN-ASSETS>                                    (298,057,200)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                  148,757,375
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                       20,110,532
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                             27,407,209
<AVERAGE-NET-ASSETS>                                     1,587,681,625
<PER-SHARE-NAV-BEGIN>                                            33.15
<PER-SHARE-NII>                                                  (0.05)
<PER-SHARE-GAIN-APPREC>                                          (0.15)
<PER-SHARE-DIVIDEND>                                              0.00
<PER-SHARE-DISTRIBUTIONS>                                        (1.65)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              31.30
<EXPENSE-RATIO>                                                   1.03



</TABLE>


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