AQUINAS FUNDS INC
NSAR-A, 1999-08-26
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<PAGE>      PAGE  1
000 A000000 06/30/99
000 C000000 0000914325
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE AQUINAS FUNDS, INC.
001 B000000 811-8122
001 C000000 9722336655
002 A000000 5310 HARVEST HILL ROAD, SUITE 248
002 B000000 DALLAS
002 C000000 TX
002 D010000 75230
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C020100 AQUINAS BALANCED FUND
007 C030100 N
007 C010200  2
007 C020200 AQUINAS EQUITY GROWTH FUND
007 C030200 N
007 C010300  3
007 C020300 AQUINAS EQUITY INCOME FUND
007 C030300 N
007 C010400  4
007 C020400 AQUINAS FIXED INCOME FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
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<PAGE>      PAGE  2
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010 A00AA01 SUNSTONE FINANCIAL GROUP, INC.
010 B00AA01 84-05792
010 C01AA01 MILWAUKEE
010 C02AA01 WI
010 C03AA01 53202
012 A00AA01 DST SYSTEMS, INC.
012 B00AA01 84-00448
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64105
013 A00AA01 ARTHUR ANDERSEN LLP
013 B01AA01 MILWAUKEE
013 B02AA01 WI
013 B03AA01 53202
015 A00AA01 UMB BANK, N.A.
015 B00AA01 C
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015 C02AA01 MO
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015 E01AA01 X
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020 A000001 DONALDSON, LUFKIN & JENRETTE
020 B000001 13.2741729
020 C000001     15
020 A000002 AUTRANET, INC.
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020 A000003 GOLDMAN SACHS & CO.
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<PAGE>      PAGE  3
020 A000004 FRANK RUSSELL
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020 A000005 MERRILL LYNCH
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020 A000006 BRIDGE TRADING CO.
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020 B000008 13-3299429
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020 A000009 CAPITAL INVESTMENT SERVICES
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020 A000010 WILLIAM O'NEIL & CO.
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022 A000001 UMB BANK, N.A.
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022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002      6607
022 D000002      6638
022 A000003 PRUDENTIAL SECURITIES, INC.
022 B000003 22-2347336
022 C000003      5573
022 D000003      5942
022 A000004 DEUTSCHE BANK
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022 D000004      4502
022 A000005 SALOMON SMITH BARNEY
022 B000005 11-2418191
022 C000005      5680
022 D000005      2173
022 A000006 PAINE WEBBER, INC.
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022 C000006      3060
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022 A000007 MORGAN STANLEY & CO.
022 B000007 13-2655998
022 C000007      5247
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022 C000008      1978
<PAGE>      PAGE  4
022 D000008      5005
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022 A000010 FIRST BOSTON CORP
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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008 B000101 A
008 C000101 801-45125
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008 D020101 TX
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008 A000102 ATLANTIC ASSET MANAGEMENT PARTNERS, LLC.
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008 A000105 BEUTEL, GOODMAN CAPITAL MANAGEMENT
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008 C000105 801-32646
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008 D030105 77057
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025 B000101 13-3299429
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025 A000102 SALOMON SMITH BARNEY
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<PAGE>      PAGE  7
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025 A000103 ASSOCIATES CORP.
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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070 F010100 N
070 F020100 N
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070 I020100 N
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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008 A000201 AQUINAS INVESTMENT ADVISORS, INC.
008 B000201 A
008 C000201 801-45125
008 D010201 DALLAS
008 D020201 TX
008 D030201 75230
008 A000202 JOHN MCSTAY INVESTMENT COUNSEL
008 B000202 S
008 C000202 801-20244
008 D010202 DALLAS
008 D020202 TX
008 D030202 75225
008 A000203 SIRACH CAPITAL MANAGEMENT, INC.
008 B000203 S
008 C000203 801-33477
008 D010203 SEATTLE
008 D020203 WA
008 D030203 98101
024  000200 Y
025 A000201 MORGAN STANLEY DEAN WITTER & CO.
025 B000201 13-2655998
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
050  000200 N
051  000200 N
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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008 A000301 AQUINAS INVESTMENT ADVISORS, INC.
008 B000301 A
008 C000301 801-45125
008 D010301 DALLAS
008 D020301 TX
008 D030301 75230
008 A000302 NFJ INVESTMENT GROUP
008 B000302 S
<PAGE>      PAGE  16
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008 D010302 DALLAS
008 D020302 TX
008 D030302 75201
008 A000303 BEUTEL, GOODMAN CAPITAL MANAGEMENT
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008 C000303 801-32646
008 D010303 HOUSTON
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008 D030303 77057
024  000300 Y
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  20
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008 A000401 AQUINAS INVESTMENT ADVISORS, INC.
008 B000401 A
008 C000401 801-45125
008 D010401 DALLAS
008 D020401 TX
008 D030401 75230
008 A000402 ATLANTIC ASSET MANAGEMENT PARTNERS, LLC.
008 B000402 S
008 C000402 801-49941
008 D010402 STAMFORD
008 D020402 CT
008 D030402 06902
008 A000403 INCOME RESEARCH & MANAGEMENT, INC.
008 B000403 S
008 C000403 801-29482
008 D010403 BOSTON
008 D020403 MA
008 D030403 02110
024  000400 Y
025 A000401 NATIONSBANK CORP.
025 B000401 75-0520130
025 C000401 D
025 D000401     790
025 A000402 ASSOCIATES CORP.
025 C000402 D
025 D000402     548
025 A000403 BEAR STEARN & CO.
025 B000403 13-3299429
025 C000403 D
<PAGE>      PAGE  21
025 D000403     389
025 A000404 DONALDSON, LUFKIN & JENRETTE
025 B000404 13-2741729
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045  000400 Y
046  000400 N
047  000400 Y
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<PAGE>      PAGE  22
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050  000400 N
051  000400 N
052  000400 N
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053 B000400 Y
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064 B000400 N
066 A000400 N
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068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
<PAGE>      PAGE  23
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070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
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072CC020400     1783
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073 A010400   0.2486
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<PAGE>      PAGE  25
074 Y000400        0
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SIGNATURE   JULIE KAMINSKI
TITLE       FINANCIAL ANALYST


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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000914325
<NAME> THE AQUINAS FUNDS, INC.
<SERIES>
   <NUMBER> 1
   <NAME> BALANCED

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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> 0000914325
<NAME> THE AQUINAS FUNDS, INC.
<SERIES>
   <NUMBER> 2
   <NAME> EQUITY GROWTH

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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000914325
<NAME> THE AQUINAS FUNDS, INC.
<SERIES>
   <NUMBER> 3
   <NAME> EQUITY INCOME

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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> 0000914325
<NAME> THE AQUINAS FUNDS, INC.
<SERIES>
   <NUMBER> 4
   <NAME> FIXED INCOME

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<INTEREST-EXPENSE>                                   0
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<EXPENSE-RATIO>                                   1.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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