<PAGE> PAGE 1
000 A000000 02/28/97
000 C000000 0000914775
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 DREYFUS GROWTH AND VALUE FUNDS, INC.
001 B000000 811-7123
001 C000000 2129226792
002 A000000 200 PARK AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10166
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 10
007 C010100 1
007 C020100 DREYFUS LARGE COMPANY GROWTH FUND
007 C030100 N
007 C010200 2
007 C020200 DREYFUS LARGE COMPANY VALUE FUND
007 C030200 N
007 C010300 3
007 C020300 DREYFUS SMALL COMPANY GROWTH FUND
007 C030300 N
007 C010400 4
007 C020400 DREYFUS SMALL COMPANY VALUE FUND
007 C030400 N
007 C010500 5
007 C020500 DREYFUS AGGRESSIVE VALUE FUND
007 C030500 N
007 C010600 6
007 C020600 DREYFUS AGGRESSIVE GROWTH FUND
007 C030600 N
007 C010700 7
007 C020700 DREYFUS EMERGING LEADERS FUND
007 C030700 N
007 C010800 8
007 C020800 DREYFUS MIDCAP VALUE FUND
007 C030800 N
007 C010900 9
007 C020900 DREYFUS INTERNATIONAL VALUE FUND
007 C030900 N
007 C011000 10
007 C021000 DREYFUS INTERNATIONAL GROWTH FUND
<PAGE> PAGE 2
007 C031000 N
020 A000001 AUTRANET, INC.
020 B000001 13-2961507
020 C000001 40
020 A000002 MORGAN & STANLEY & CO. INCORPORATED
020 B000002 13-2655998
020 C000002 38
020 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000003 13-5674085
020 C000003 34
020 A000004 WEEDEN & CO. L.P.
020 B000004 13-3364318
020 C000004 19
020 A000005 CHARLES SCHWAB & CO., INC.
020 B000005 94-1737782
020 C000005 19
020 A000006 LADENBURG, THALMANN & CO, INC.
020 B000006 13-2700032
020 C000006 15
020 A000007 DEUTSCHE BANK SECURITIES CORPORATION
020 B000007 13-2730828
020 C000007 13
020 A000008 OPPENHEIMER & CO., INC.
020 B000008 13-2798343
020 C000008 13
020 A000009 DILLION, READ & CO. INC.
020 B000009 13-1939216
020 C000009 12
020 A000010 CANTOR FITZGERALD SECURITIES
020 B000010 13-3680187
020 C000010 11
021 000000 479
022 A000001 G.X. CLARKE & CO.
022 B000001 13-2969143
022 C000001 146046
022 D000001 134542
022 A000002 HERZOG, HEINE, GEDULD, INC.
022 B000002 13-1955436
022 C000002 12361
022 D000002 4929
022 A000003 FURMAN SELZ INCORPORATED
022 B000003 13-2753731
022 C000003 3057
022 D000003 8532
022 A000004 BEAR, STEARNS & CO INC.
022 B000004 13-3299429
022 C000004 4348
022 D000004 6744
022 A000005 OPPENHEIMER & CO., INC.
022 B000005 13-2798343
022 C000005 3056
<PAGE> PAGE 3
022 D000005 7459
022 A000006 CS FIRST BOSTON CORPORATION
022 B000006 13-5659485
022 C000006 6847
022 D000006 1401
022 A000007 SMITH BARNEY INC.
022 B000007 13-1912900
022 C000007 5593
022 D000007 2484
022 A000008 ALEX BROWN & SONS INCORPORATED
022 B000008 52-1319768
022 C000008 4167
022 D000008 3877
022 A000009 MORGAN STANLEY & CO. INCORPORATED
022 B000009 13-2655998
022 C000009 3572
022 D000009 2885
022 A000010 LEHMAN BROTHERS INC.
022 B000010 13-2518466
022 C000010 3320
022 D000010 2902
023 C000000 270120
023 D000000 230836
077 A000000 N
078 000000 N
025 A000101 DELETE
025 D000101 0
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 0
028 A020100 0
028 A030100 0
028 A040100 0
028 B010100 0
028 B020100 0
028 B030100 0
028 B040100 0
028 C010100 0
028 C020100 0
028 C030100 0
028 C040100 0
028 D010100 0
028 D020100 0
028 D030100 0
028 D040100 0
028 E010100 0
<PAGE> PAGE 4
028 E020100 0
028 E030100 0
028 E040100 0
028 F010100 0
028 F020100 0
028 F030100 0
028 F040100 0
028 G010100 0
028 G020100 0
028 G030100 0
028 G040100 0
028 H000100 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 0
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 0
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 0
072 K000100 0
072 L000100 0
072 M000100 0
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
<PAGE> PAGE 5
072 R000100 0
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 0
072 X000100 0
072 Y000100 0
072 Z000100 0
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 0
074 M000100 0
074 N000100 0
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 0
074 S000100 0
074 T000100 0
074 U010100 0
074 U020100 0
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 0
074 Y000100 0
075 A000100 0
<PAGE> PAGE 6
075 B000100 0
076 000100 0.00
025 A000201 DELETE
025 D000201 0
025 A000202 DELETE
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 0
028 A020200 0
028 A030200 0
028 A040200 0
028 B010200 0
028 B020200 0
028 B030200 0
028 B040200 0
028 C010200 0
028 C020200 0
028 C030200 0
028 C040200 0
028 D010200 0
028 D020200 0
028 D030200 0
028 D040200 0
028 E010200 0
028 E020200 0
028 E030200 0
028 E040200 0
028 F010200 0
028 F020200 0
028 F030200 0
028 F040200 0
028 G010200 0
028 G020200 0
028 G030200 0
028 G040200 0
028 H000200 0
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
<PAGE> PAGE 7
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
072 B000200 0
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 0
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 0
072 K000200 0
072 L000200 0
072 M000200 0
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 0
072 S000200 0
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 0
072 X000200 0
072 Y000200 0
072 Z000200 0
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 0
<PAGE> PAGE 8
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 0
074 M000200 0
074 N000200 0
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 0
074 S000200 0
074 T000200 0
074 U010200 0
074 U020200 0
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 0
074 Y000200 0
075 A000200 0
075 B000200 0
076 000200 0.00
028 A010300 0
028 A020300 0
028 A030300 0
028 A040300 0
028 B010300 0
028 B020300 0
028 B030300 0
028 B040300 0
028 C010300 0
028 C020300 0
028 C030300 0
028 C040300 0
028 D010300 0
028 D020300 0
028 D030300 0
028 D040300 0
028 E010300 0
028 E020300 0
028 E030300 0
028 E040300 0
<PAGE> PAGE 9
028 F010300 0
028 F020300 0
028 F030300 0
028 F040300 0
028 G010300 0
028 G020300 0
028 G030300 0
028 G040300 0
028 H000300 0
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 6
072 B000300 0
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 0
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 0
072 K000300 0
072 L000300 0
072 M000300 0
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 0
072 S000300 0
072 T000300 0
<PAGE> PAGE 10
072 U000300 0
072 V000300 0
072 W000300 0
072 X000300 0
072 Y000300 0
072 Z000300 0
072AA000300 0
072BB000300 0
072CC010300 0
072CC020300 0
072DD010300 0
072DD020300 0
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 0
074 M000300 0
074 N000300 0
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 0
074 S000300 0
074 T000300 0
074 U010300 0
074 U020300 0
074 V010300 0.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 0
074 Y000300 0
075 A000300 0
075 B000300 0
076 000300 0.00
028 A010400 0
<PAGE> PAGE 11
028 A020400 0
028 A030400 0
028 A040400 0
028 B010400 0
028 B020400 0
028 B030400 0
028 B040400 0
028 C010400 0
028 C020400 0
028 C030400 0
028 C040400 0
028 D010400 0
028 D020400 0
028 D030400 0
028 D040400 0
028 E010400 0
028 E020400 0
028 E030400 0
028 E040400 0
028 F010400 0
028 F020400 0
028 F030400 0
028 F040400 0
028 G010400 0
028 G020400 0
028 G030400 0
028 G040400 0
028 H000400 0
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 12
<PAGE> PAGE 12
072 B000400 0
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 0
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 0
072 K000400 0
072 L000400 0
072 M000400 0
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 0
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 0
072 X000400 0
072 Y000400 0
072 Z000400 0
072AA000400 0
072BB000400 0
072CC010400 0
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 0
074 M000400 0
074 N000400 0
074 O000400 0
<PAGE> PAGE 13
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 0
074 S000400 0
074 T000400 0
074 U010400 0
074 U020400 0
074 V010400 0.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 0
074 Y000400 0
075 A000400 0
075 B000400 0
076 000400 0.00
015 A000501 MELLON BANK, N.A
015 B000501 C
015 C010501 PITTSBURGH
015 C020501 PA
015 C030501 15258
015 E010501 X
024 000500 N
028 A010500 2428
028 A020500 0
028 A030500 0
028 A040500 616
028 B010500 3099
028 B020500 0
028 B030500 0
028 B040500 1373
028 C010500 8450
028 C020500 0
028 C030500 0
028 C040500 1114
028 D010500 16332
028 D020500 2079
028 D030500 0
028 D040500 4234
028 E010500 25818
028 E020500 0
028 E030500 0
028 E040500 4363
028 F010500 18082
028 F020500 0
028 F030500 0
028 F040500 2347
028 G010500 74209
028 G020500 2079
<PAGE> PAGE 14
028 G030500 0
028 G040500 14047
028 H000500 0
034 000500 N
035 000500 0
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 N
055 A000500 Y
055 B000500 N
056 000500 N
057 000500 N
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
<PAGE> PAGE 15
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 Y
070 J020500 Y
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 N
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 77723
071 B000500 18269
071 C000500 30863
071 D000500 59
072 A000500 6
072 B000500 58
072 C000500 194
072 D000500 0
072 E000500 0
072 F000500 110
072 G000500 0
072 H000500 0
072 I000500 58
072 J000500 8
072 K000500 0
072 L000500 4
072 M000500 4
072 N000500 31
072 O000500 1
072 P000500 0
072 Q000500 0
072 R000500 6
072 S000500 4
<PAGE> PAGE 16
072 T000500 0
072 U000500 0
072 V000500 1
072 W000500 0
072 X000500 227
072 Y000500 44
072 Z000500 69
072AA000500 1486
072BB000500 651
072CC010500 4148
072CC020500 0
072DD010500 58
072DD020500 0
072EE000500 2173
073 A010500 0.0500
073 A020500 0.0000
073 B000500 1.8650
073 C000500 0.0000
074 A000500 1102
074 B000500 0
074 C000500 1636
074 D000500 100
074 E000500 900
074 F000500 72874
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 184
074 K000500 0
074 L000500 428
074 M000500 25
074 N000500 77249
074 O000500 2300
074 P000500 34
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 142
074 S000500 0
074 T000500 74773
074 U010500 3367
074 U020500 0
074 V010500 22.20
074 V020500 0.00
074 W000500 0.0000
074 X000500 5408
074 Y000500 0
075 A000500 0
075 B000500 29440
076 000500 0.00
<PAGE> PAGE 17
015 A000601 MELLON BANK, N.A.
015 B000601 C
015 C010601 PITTSBURGH
015 C020601 PA
015 C030601 15258
015 E010601 X
024 000600 N
028 A010600 36845
028 A020600 0
028 A030600 0
028 A040600 34148
028 B010600 28605
028 B020600 0
028 B030600 0
028 B040600 33018
028 C010600 9242
028 C020600 0
028 C030600 0
028 C040600 15605
028 D010600 12364
028 D020600 0
028 D030600 0
028 D040600 14731
028 E010600 27864
028 E020600 0
028 E030600 0
028 E040600 19095
028 F010600 20092
028 F020600 0
028 F030600 0
028 F040600 21805
028 G010600 135012
028 G020600 0
028 G030600 0
028 G040600 138402
028 H000600 0
034 000600 N
035 000600 0
036 B000600 0
037 000600 N
038 000600 0
039 000600 N
040 000600 N
053 A000600 N
055 A000600 Y
055 B000600 Y
056 000600 N
057 000600 N
062 A000600 N
062 B000600 0.0
062 C000600 0.0
<PAGE> PAGE 18
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
066 A000600 Y
066 B000600 N
066 C000600 Y
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 Y
070 J020600 Y
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 N
070 M010600 Y
<PAGE> PAGE 19
070 M020600 N
070 N010600 N
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 Y
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600 50715
071 B000600 73610
071 C000600 118020
071 D000600 43
072 A000600 6
072 B000600 21
072 C000600 21
072 D000600 0
072 E000600 0
072 F000600 397
072 G000600 0
072 H000600 0
072 I000600 254
072 J000600 6
072 K000600 0
072 L000600 13
072 M000600 11
072 N000600 13
072 O000600 1
072 P000600 437
072 Q000600 0
072 R000600 7
072 S000600 6
072 T000600 0
072 U000600 0
072 V000600 10
072 W000600 0
072 X000600 1155
072 Y000600 0
072 Z000600 -1113
072AA000600 7973
072BB000600 19811
072CC010600 0
072CC020600 4483
072DD010600 0
072DD020600 0
072EE000600 0
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
<PAGE> PAGE 20
073 C000600 0.0000
074 A000600 465
074 B000600 0
074 C000600 999
074 D000600 0
074 E000600 0
074 F000600 98799
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 1555
074 K000600 0
074 L000600 109
074 M000600 52
074 N000600 101979
074 O000600 118
074 P000600 76
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 3269
074 S000600 0
074 T000600 98516
074 U010600 5035
074 U020600 0
074 V010600 19.57
074 V020600 0.00
074 W000600 0.0000
074 X000600 11330
074 Y000600 999
075 A000600 0
075 B000600 106902
076 000600 0.00
015 A000701 MELLON BANK, N.A.
015 B000701 C
015 C010701 PITTSBURGH
015 C020701 PA
015 C030701 15258
015 E010701 X
024 000700 N
028 A010700 10271
028 A020700 0
028 A030700 0
028 A040700 4131
028 B010700 16840
028 B020700 0
028 B030700 0
028 B040700 16047
028 C010700 8555
028 C020700 0
<PAGE> PAGE 21
028 C030700 0
028 C040700 4116
028 D010700 14762
028 D020700 3576
028 D030700 0
028 D040700 8923
028 E010700 31507
028 E020700 0
028 E030700 0
028 E040700 12920
028 F010700 9751
028 F020700 0
028 F030700 0
028 F040700 8221
028 G010700 91686
028 G020700 3576
028 G030700 0
028 G040700 54358
028 H000700 0
034 000700 N
035 000700 0
036 B000700 0
037 000700 N
038 000700 0
039 000700 N
040 000700 N
053 A000700 Y
053 B000700 Y
053 C000700 N
055 A000700 N
055 B000700 Y
056 000700 N
057 000700 N
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
<PAGE> PAGE 22
066 A000700 Y
066 B000700 N
066 C000700 Y
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 N
070 M010700 Y
070 M020700 N
070 N010700 N
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 Y
070 Q010700 N
070 Q020700 N
070 R010700 Y
070 R020700 Y
071 A000700 83358
071 B000700 49622
071 C000700 53852
071 D000700 92
<PAGE> PAGE 23
072 A000700 6
072 B000700 165
072 C000700 94
072 D000700 0
072 E000700 0
072 F000700 263
072 G000700 0
072 H000700 0
072 I000700 120
072 J000700 5
072 K000700 0
072 L000700 5
072 M000700 11
072 N000700 25
072 O000700 0
072 P000700 2
072 Q000700 0
072 R000700 7
072 S000700 6
072 T000700 0
072 U000700 0
072 V000700 5
072 W000700 1
072 X000700 450
072 Y000700 38
072 Z000700 -153
072AA000700 7200
072BB000700 3347
072CC010700 3558
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 3666
073 A010700 0.0000
073 A020700 0.0000
073 B000700 1.4050
073 C000700 0.0000
074 A000700 174
074 B000700 0
074 C000700 4071
074 D000700 0
074 E000700 0
074 F000700 74878
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 3279
074 K000700 0
074 L000700 1424
074 M000700 18
074 N000700 83844
<PAGE> PAGE 24
074 O000700 246
074 P000700 55
074 Q000700 0
074 R010700 0
074 R020700 1412
074 R030700 0
074 R040700 429
074 S000700 0
074 T000700 81702
074 U010700 3995
074 U020700 0
074 V010700 20.45
074 V020700 0.00
074 W000700 0.0000
074 X000700 6711
074 Y000700 4071
075 A000700 0
075 B000700 58974
076 000700 0.00
015 A000801 MELLON BANK, N.A.
015 B000801 C
015 C010801 PITTSBURGH
015 C020801 PA
015 C030801 15258
015 E010801 X
024 000800 N
028 A010800 197
028 A020800 0
028 A030800 0
028 A040800 44
028 B010800 714
028 B020800 0
028 B030800 0
028 B040800 86
028 C010800 1575
028 C020800 0
028 C030800 0
028 C040800 257
028 D010800 4078
028 D020800 641
028 D030800 0
028 D040800 2209
028 E010800 13080
028 E020800 0
028 E030800 0
028 E040800 6471
028 F010800 8630
028 F020800 0
028 F030800 0
028 F040800 2028
028 G010800 28274
<PAGE> PAGE 25
028 G020800 641
028 G030800 0
028 G040800 11095
028 H000800 0
034 000800 N
035 000800 0
036 B000800 0
037 000800 N
038 000800 0
039 000800 N
040 000800 N
053 A000800 Y
053 B000800 Y
053 C000800 N
055 A000800 Y
055 B000800 Y
056 000800 N
057 000800 N
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
066 A000800 Y
066 B000800 N
066 C000800 N
066 D000800 N
066 E000800 N
066 F000800 N
066 G000800 Y
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 N
070 B010800 Y
070 B020800 N
<PAGE> PAGE 26
070 C010800 Y
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 Y
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 Y
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 N
070 M010800 Y
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 Y
070 O020800 Y
070 P010800 Y
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 Y
070 R020800 Y
071 A000800 24480
071 B000800 7777
071 C000800 9029
071 D000800 86
072 A000800 6
072 B000800 16
072 C000800 44
072 D000800 0
072 E000800 0
072 F000800 32
072 G000800 0
072 H000800 0
072 I000800 15
072 J000800 9
072 K000800 0
072 L000800 3
072 M000800 1
072 N000800 15
072 O000800 1
<PAGE> PAGE 27
072 P000800 1
072 Q000800 0
072 R000800 6
072 S000800 1
072 T000800 0
072 U000800 0
072 V000800 0
072 W000800 1
072 X000800 85
072 Y000800 30
072 Z000800 5
072AA000800 1087
072BB000800 226
072CC010800 796
072CC020800 0
072DD010800 14
072DD020800 0
072EE000800 633
073 A010800 0.0400
073 A020800 0.0000
073 B000800 1.7500
073 C000800 0.0000
074 A000800 278
074 B000800 0
074 C000800 986
074 D000800 0
074 E000800 0
074 F000800 21748
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 0
074 K000800 0
074 L000800 125
074 M000800 23
074 N000800 23160
074 O000800 636
074 P000800 12
074 Q000800 0
074 R010800 0
074 R020800 50
074 R030800 0
074 R040800 35
074 S000800 0
074 T000800 22427
074 U010800 1245
074 U020800 0
074 V010800 18.01
074 V020800 0.00
074 W000800 0.0000
074 X000800 1169
<PAGE> PAGE 28
074 Y000800 986
075 A000800 0
075 B000800 8471
076 000800 0.00
015 A000901 THE BANK OF NEW YORK
015 B000901 C
015 C010901 NEW YORK
015 C020901 NY
015 C030901 10286
015 E010901 X
015 A000902 THE BANK OF NEW YORK
015 B000902 S
015 C010902 NEW YORK
015 C020902 NY
015 C030902 10286
015 E040902 X
024 000900 N
028 A010900 4146
028 A020900 0
028 A030900 0
028 A040900 1132
028 B010900 7025
028 B020900 0
028 B030900 0
028 B040900 3536
028 C010900 9222
028 C020900 0
028 C030900 0
028 C040900 6248
028 D010900 4729
028 D020900 522
028 D030900 0
028 D040900 2694
028 E010900 9062
028 E020900 0
028 E030900 0
028 E040900 2969
028 F010900 10162
028 F020900 0
028 F030900 0
028 F040900 1086
028 G010900 44346
028 G020900 522
028 G030900 0
028 G040900 17665
028 H000900 0
034 000900 N
035 000900 0
036 B000900 0
037 000900 N
038 000900 0
<PAGE> PAGE 29
039 000900 N
040 000900 N
053 A000900 Y
053 B000900 Y
053 C000900 N
055 A000900 Y
055 B000900 N
056 000900 N
057 000900 N
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
066 A000900 Y
066 B000900 N
066 C000900 Y
066 D000900 N
066 E000900 N
066 F000900 N
066 G000900 N
067 000900 N
068 A000900 N
068 B000900 Y
069 000900 N
070 A010900 Y
070 A020900 N
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
<PAGE> PAGE 30
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 Y
070 J020900 Y
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 N
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 Y
070 R020900 N
071 A000900 27392
071 B000900 4888
071 C000900 33585
071 D000900 15
072 A000900 6
072 B000900 112
072 C000900 181
072 D000900 0
072 E000900 0
072 F000900 186
072 G000900 0
072 H000900 0
072 I000900 55
072 J000900 24
072 K000900 0
072 L000900 3
072 M000900 5
072 N000900 15
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 8
072 S000900 3
072 T000900 0
072 U000900 0
072 V000900 0
072 W000900 1
072 X000900 300
<PAGE> PAGE 31
072 Y000900 22
072 Z000900 15
072AA000900 940
072BB000900 205
072CC010900 1677
072CC020900 0
072DD010900 291
072DD020900 0
072EE000900 376
073 A010900 0.1020
073 A020900 0.0000
073 B000900 0.1320
073 C000900 0.0000
074 A000900 936
074 B000900 0
074 C000900 6285
074 D000900 0
074 E000900 549
074 F000900 47537
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 0
074 K000900 0
074 L000900 48
074 M000900 25
074 N000900 55380
074 O000900 694
074 P000900 33
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 53
074 S000900 0
074 T000900 54600
074 U010900 3924
074 U020900 0
074 V010900 13.91
074 V020900 0.00
074 W000900 0.0000
074 X000900 881
074 Y000900 0
075 A000900 0
075 B000900 37431
076 000900 0.00
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
<PAGE> PAGE 32
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
071 A001000 0
071 B001000 0
071 C001000 0
071 D001000 0
072 A001000 0
074 N001000 0
074 T001000 0
075 A001000 0
075 B001000 0
SIGNATURE RICHARD W. INGRAM
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000914775
<NAME> DREYFUS GROWTH AND VALUE FUNDS, INC.
<SERIES>
<NUMBER> 01
<NAME> DREYFUS AGGRESSIVE VALUE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 70887
<INVESTMENTS-AT-VALUE> 75510
<RECEIVABLES> 612
<ASSETS-OTHER> 1127
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 77249
<PAYABLE-FOR-SECURITIES> 2300
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 176
<TOTAL-LIABILITIES> 2476
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 69618
<SHARES-COMMON-STOCK> 3367
<SHARES-COMMON-PRIOR> 484
<ACCUMULATED-NII-CURRENT> 35
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 497
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4623
<NET-ASSETS> 74773
<DIVIDEND-INCOME> 194
<INTEREST-INCOME> 58
<OTHER-INCOME> 0
<EXPENSES-NET> 183
<NET-INVESTMENT-INCOME> 69
<REALIZED-GAINS-CURRENT> 835
<APPREC-INCREASE-CURRENT> 4148
<NET-CHANGE-FROM-OPS> 5052
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (58)
<DISTRIBUTIONS-OF-GAINS> (2173)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3441
<NUMBER-OF-SHARES-REDEEMED> (657)
<SHARES-REINVESTED> 100
<NET-CHANGE-IN-ASSETS> 65062
<ACCUMULATED-NII-PRIOR> 25
<ACCUMULATED-GAINS-PRIOR> 1835
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 110
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 227
<AVERAGE-NET-ASSETS> 29440
<PER-SHARE-NAV-BEGIN> 20.08
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 4.03
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> (1.87)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.20
<EXPENSE-RATIO> .006
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000914775
<NAME> DREYFUS GROWTH AND VALUE FUNDS, INC.
<SERIES>
<NUMBER> 02
<NAME> DREYFUS AGGRESSIVE GROWTH FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 112334
<INVESTMENTS-AT-VALUE> 99798
<RECEIVABLES> 1664
<ASSETS-OTHER> 517
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 101979
<PAYABLE-FOR-SECURITIES> 118
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3345
<TOTAL-LIABILITIES> 3463
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 126684
<SHARES-COMMON-STOCK> 5035
<SHARES-COMMON-PRIOR> 5256
<ACCUMULATED-NII-CURRENT> (1640)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (13992)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (12536)
<NET-ASSETS> 98516
<DIVIDEND-INCOME> 21
<INTEREST-INCOME> 21
<OTHER-INCOME> 0
<EXPENSES-NET> 1155
<NET-INVESTMENT-INCOME> (1113)
<REALIZED-GAINS-CURRENT> (11838)
<APPREC-INCREASE-CURRENT> (4483)
<NET-CHANGE-FROM-OPS> (17434)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6421
<NUMBER-OF-SHARES-REDEEMED> (6642)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (20824)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (2154)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 397
<INTEREST-EXPENSE> 437
<GROSS-EXPENSE> 1155
<AVERAGE-NET-ASSETS> 106902
<PER-SHARE-NAV-BEGIN> 22.71
<PER-SHARE-NII> (.23)
<PER-SHARE-GAIN-APPREC> (2.91)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.57
<EXPENSE-RATIO> .011
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000914775
<NAME> DREYFUS GROWTH AND VALUE FUNDS, INC.
<SERIES>
<NUMBER> 03
<NAME> DREYFUS EMERGING LEADERS FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 71683
<INVESTMENTS-AT-VALUE> 78949
<RECEIVABLES> 4703
<ASSETS-OTHER> 192
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 83844
<PAYABLE-FOR-SECURITIES> 246
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1896
<TOTAL-LIABILITIES> 2142
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 72253
<SHARES-COMMON-STOCK> 3995
<SHARES-COMMON-PRIOR> 1992
<ACCUMULATED-NII-CURRENT> (153)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2444
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7158
<NET-ASSETS> 81702
<DIVIDEND-INCOME> 94
<INTEREST-INCOME> 165
<OTHER-INCOME> 0
<EXPENSES-NET> 412
<NET-INVESTMENT-INCOME> (153)
<REALIZED-GAINS-CURRENT> 3853
<APPREC-INCREASE-CURRENT> 3558
<NET-CHANGE-FROM-OPS> 7258
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (3666)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4476
<NUMBER-OF-SHARES-REDEEMED> (2655)
<SHARES-REINVESTED> 182
<NET-CHANGE-IN-ASSETS> 44496
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2257
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 263
<INTEREST-EXPENSE> 2
<GROSS-EXPENSE> 450
<AVERAGE-NET-ASSETS> 58974
<PER-SHARE-NAV-BEGIN> 18.67
<PER-SHARE-NII> (.04)
<PER-SHARE-GAIN-APPREC> 3.23
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.41)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.45
<EXPENSE-RATIO> .007
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000914775
<NAME> DREYFUS GROWTH AND VALUE FUNDS, INC.
<SERIES>
<NUMBER> 04
<NAME> DREYFUS MIDCAP VALUE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 21897
<INVESTMENTS-AT-VALUE> 22734
<RECEIVABLES> 125
<ASSETS-OTHER> 301
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23160
<PAYABLE-FOR-SECURITIES> 636
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 97
<TOTAL-LIABILITIES> 733
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20818
<SHARES-COMMON-STOCK> 1245
<SHARES-COMMON-PRIOR> 227
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 764
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 845
<NET-ASSETS> 22427
<DIVIDEND-INCOME> 44
<INTEREST-INCOME> 16
<OTHER-INCOME> 0
<EXPENSES-NET> 55
<NET-INVESTMENT-INCOME> 5
<REALIZED-GAINS-CURRENT> 861
<APPREC-INCREASE-CURRENT> 796
<NET-CHANGE-FROM-OPS> 1662
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (14)
<DISTRIBUTIONS-OF-GAINS> (633)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1612
<NUMBER-OF-SHARES-REDEEMED> (632)
<SHARES-REINVESTED> 38
<NET-CHANGE-IN-ASSETS> 18836
<ACCUMULATED-NII-PRIOR> 9
<ACCUMULATED-GAINS-PRIOR> 536
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32
<INTEREST-EXPENSE> 1
<GROSS-EXPENSE> 85
<AVERAGE-NET-ASSETS> 8471
<PER-SHARE-NAV-BEGIN> 15.80
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 4.00
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> (1.75)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.01
<EXPENSE-RATIO> .006
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000914775
<NAME> DREYFUS GROWTH AND VALUE FUNDS, INC.
<SERIES>
<NUMBER> 05
<NAME> DREYFUS INTERNATIONAL VALUE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 52763
<INVESTMENTS-AT-VALUE> 54371
<RECEIVABLES> 48
<ASSETS-OTHER> 961
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 55380
<PAYABLE-FOR-SECURITIES> 694
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86
<TOTAL-LIABILITIES> 780
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 52504
<SHARES-COMMON-STOCK> 3924
<SHARES-COMMON-PRIOR> 1938
<ACCUMULATED-NII-CURRENT> (57)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 553
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1600
<NET-ASSETS> 54600
<DIVIDEND-INCOME> 181
<INTEREST-INCOME> 112
<OTHER-INCOME> 0
<EXPENSES-NET> 278
<NET-INVESTMENT-INCOME> 15
<REALIZED-GAINS-CURRENT> 735
<APPREC-INCREASE-CURRENT> 1677
<NET-CHANGE-FROM-OPS> 2427
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (291)
<DISTRIBUTIONS-OF-GAINS> (376)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3229
<NUMBER-OF-SHARES-REDEEMED> (1282)
<SHARES-REINVESTED> 39
<NET-CHANGE-IN-ASSETS> 28963
<ACCUMULATED-NII-PRIOR> 219
<ACCUMULATED-GAINS-PRIOR> 194
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 186
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 300
<AVERAGE-NET-ASSETS> 37431
<PER-SHARE-NAV-BEGIN> 13.23
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> .90
<PER-SHARE-DIVIDEND> (.10)
<PER-SHARE-DISTRIBUTIONS> (.13)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.91
<EXPENSE-RATIO> .007
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
