<PAGE> PAGE 1
000 A000000 05/31/98
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007 C020300 FEDERATED MANAGED GROWTH FUND
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007 C020400 FEDERATED MANAGED AGGRESSIVE GROWTH FUND
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007 C010600 6
007 C010700 7
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<PAGE> PAGE 2
008 D01AA04 NEW YORK
008 D02AA04 NY
008 D03AA04 10038
008 D04AA04 4965
010 A00AA01 FEDERATED SERVICES COMPANY
010 C01AA01 PITTSBURGH
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
012 A00AA01 FEDERATED SHAREHOLDER SERVICES COMPANY
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012 C01AA01 PITTSBURGH
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013 A00AA01 ARTHUR ANDERSEN LLP
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013 B02AA01 PA
013 B03AA01 15222
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020 B000002 13-5659485
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<PAGE> PAGE 3
020 B000009 13-2655998
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022 C000001 5537077
022 D000001 3483
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022 B000002 13-5674085
022 C000002 42611
022 D000002 32517
022 A000003 GOLDMAN, SACHS & CO.
022 B000003 13-5108880
022 C000003 25944
022 D000003 26151
022 A000004 LEHMAN BROTHERS, INC.
022 B000004 13-2518466
022 C000004 25319
022 D000004 15216
022 A000005 MORGAN STANLEY & CO., INC.
022 B000005 13-2655998
022 C000005 17706
022 D000005 21024
022 A000006 C.J. LAWRENCE/DEUTSCHE BANK SEC
022 C000006 23797
022 D000006 5869
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022 C000007 17397
022 D000007 11827
022 A000008 BEAR, STEARNS SECURITIES CORP.
022 C000008 13492
022 D000008 11522
022 A000009 CS FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009 19032
022 D000009 1414
022 A000010 MERRILL LYNCH GOVERNMENT SECURITIES
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<PAGE> PAGE 4
026 G020000 N
026 H000000 Y
027 000000 Y
029 00AA00 N
030 A00AA00 0
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030 C00AA00 0.00
031 A00AA00 0
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032 00AA00 0
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035 00AA00 0
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038 00AA00 0
039 00AA00 N
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045 00AA00 Y
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048 K01AA00 0
048 K02AA00 0.000
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050 00AA00 N
051 00AA00 N
052 00AA00 N
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<PAGE> PAGE 5
053 C00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
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077 I000000 N
077 J000000 N
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077 L000000 N
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077 N000000 N
077 O000000 N
077 P000000 N
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<PAGE> PAGE 6
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
015 A000101 STATE STREET BANK AND TRUST COMPANY
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02266
015 C040101 8600
015 E010101 X
015 A000102 PNC BANK, NA
015 B000102 S
015 C010102 PITTSBURGH
015 C020102 PA
015 C030102 15265
015 E010102 X
015 A000103 NATIONSBANK OF NORTH CAROLINA
015 B000103 S
015 C010103 CHARLOTTE
015 C020103 NC
015 C030103 28255
015 E010103 X
015 A000104 BANQUE PARIBAS
015 B000104 S
015 C010104 MILAN
015 D010104 ITALY
015 E040104 X
015 A000105 THE CHASE MANHATTAN CORPORATION
015 B000105 S
015 C010105 NEW YORK
015 C020105 NY
015 C030105 10006
015 E010105 X
015 A000106 BANK OF NEW YORK
015 B000106 S
015 C010106 NEW YORK
015 C020106 NY
015 C030106 10006
015 E010106 X
015 A000107 BANKERS TRUST CO.
015 B000107 S
015 C010107 NEW YORK
015 C020107 NY
015 C030107 10015
015 E010107 X
015 A000108 CITIBANK N.A.
015 B000108 S
015 C010108 BUENOS AIRES
<PAGE> PAGE 7
015 D010108 ARGENTINA
015 E040108 X
015 A000109 GIROCREDIT BANK AKRIENGELLSCHAFT DER SPARKASS
015 B000109 S
015 C010109 VIENNA
015 D010109 AUSTRIA
015 E040109 X
015 A000110 WESTPAC CUSTODIAN NOMINEE LTD
015 B000110 S
015 C010110 SIDNEY
015 D010110 AUSTRALIA
015 D020110 2000
015 E040110 X
015 A000111 GENERALE DE BANQUE
015 B000111 S
015 C010111 BRUSSELS
015 D010111 BELGIUM
015 E040111 X
015 A000112 CITIBANK
015 B000112 S
015 C010112 SAO PAULO
015 D010112 BRAZIL
015 E040112 X
015 A000113 CANADA TRUST COMPANY
015 B000113 S
015 C010113 TORONTO, ONTARIO
015 D010113 CANADA
015 D020113 M5J2T2
015 E040113 X
015 A000114 HONGKONG & SHANGHAI BANKING CORP. LTD
015 B000114 S
015 C010114 SHANGHAI
015 D010114 CHINA
015 E040114 X
015 A000115 HONGKONG & SHANGHAI BANKING CORP. LTD
015 B000115 S
015 C010115 SHENZHEN
015 D010115 CHINA
015 E040115 X
015 A000116 UNION BANK OF SWITZERLAND
015 B000116 S
015 C010116 8021 ZURICH
015 D010116 SWITZERLAND
015 E040116 X
015 A000117 CITIBANK N.A.
015 B000117 S
015 C010117 SANTIAGO
015 D010117 CHILE
015 E040117 X
015 A000118 CITITRUST, S.A.
015 B000118 S
<PAGE> PAGE 8
015 C010118 SANTAFE DE BOGOTA
015 D010118 COLOMBIA
015 E040118 X
015 A000119 BARKLAY'S BANK PLC
015 B000119 S
015 C010119 NICOSIA
015 D010119 CYPRUS
015 E040119 X
015 A000120 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000120 S
015 C010120 PRAGUE
015 D010120 CZECH REPUBLIC
015 E040120 X
015 A000121 DRESDNER BANK AG
015 B000121 S
015 C010121 FRANKFURT
015 D010121 GERMANY
015 E040121 X
015 A000122 DEN DANSKE BANK
015 B000122 S
015 C010122 DK-1092 COPENHAGEN
015 D010122 DENMARK
015 E040122 X
015 A000123 BANCO SANTANDER
015 B000123 S
015 C010123 28022 MADRID
015 D010123 SPAIN
015 E040123 X
015 A000124 MERITA BANK LTD.
015 B000124 S
015 C010124 00500 HELSINKI
015 D010124 FINLAND
015 E040124 X
015 A000125 BANQUE PARIBAS
015 B000125 S
015 C010125 75078 PARIS
015 D010125 FRANCE
015 E040125 X
015 A000126 NATIONAL BANK OF GREECE
015 B000126 S
015 C010126 105 59 ATHENS
015 D010126 GREECE
015 E040126 X
015 A000127 STANDARD CHARTERED BANK
015 B000127 S
015 C010127 HONG KONG
015 D010127 HONG KONG
015 E040127 X
015 A000128 CITIBANK BUDAPEST RT.
015 B000128 S
015 C010128 BUDAPEST
<PAGE> PAGE 9
015 D010128 HUNGARY
015 E040128 X
015 A000129 DEUTSCHE/HONGKONG SHANGHAI BANKING
015 B000129 S
015 C010129 BOMBAY
015 D010129 INDIA
015 D020129 400-001
015 E040129 X
015 A000130 STANDARD CHARTERED EQUITOR GROUP
015 B000130 S
015 C010130 JAKARTA
015 D010130 INDONESIA
015 D020130 10220
015 E040130 X
015 A000131 BANK OF IRELAND
015 B000131 S
015 C010131 DUBLIN 1
015 D010131 IRELAND
015 E040131 X
015 A000132 BANK HAPOALIM B.M.
015 B000132 S
015 C010132 TEL AVIV
015 D010132 ISRAEL
015 E040132 X
015 A000133 DELETE
015 A000134 FUJI BANK
015 B000134 S
015 C010134 TOKYO
015 D010134 JAPAN
015 E040134 X
015 A000135 BANK OF SEOUL
015 B000135 S
015 C010135 SEOUL
015 D010135 KOREA
015 E040135 X
015 A000136 STATE STEET BANK & TRUST COMPANY
015 B000136 S
015 C010136 LONDON, ENGLAND
015 D010136 UNITED KINGDOM
015 D020136 E14 5AF
015 E040136 X
015 A000137 STANDARD CHARTERED BANK MALAYSIA
015 B000137 S
015 C010137 50450 KUALA LUMPUR
015 D010137 MALAYSIA
015 E040137 X
015 A000138 MEES PIERSON N.V.
015 B000138 S
015 C010138 1000 AG AMSTERDAM
015 D010138 NETHERLANDS
015 E040138 X
<PAGE> PAGE 10
015 A000139 CHRISTIANIA BANK OF KREDITKASSE
015 B000139 S
015 C010139 0368 OSLO 3
015 D010139 NORWAY
015 E040139 X
015 A000140 ANZ BANKING GROUP
015 B000140 S
015 C010140 WELLINGTON
015 D010140 NEW ZEALAND
015 E040140 X
015 A000141 STANDARD CHARTERED BANK
015 B000141 S
015 C010141 MAKATI, METRO MANILA
015 D010141 THE PHILLIPPINES
015 E040141 X
015 A000142 DEUTSCHE BANK A.G.
015 B000142 S
015 C010142 KARACHI
015 D010142 PAKISTAN
015 D020142 74000
015 E040142 X
015 A000143 CITIBANK, N.A. LIMA
015 B000143 S
015 C010143 LIMA 27
015 D010143 PERU
015 E040143 X
015 A000144 CITIBANK, (POLAND) S.A.
015 B000144 S
015 C010144 WARSAW
015 D010144 POLAND
015 D020144 00-082
015 E040144 X
015 A000145 BANCO COMMERCIAL PORTUGUES
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015 C010145 LISBON
015 D010145 PORTUGAL
015 D020145 1000
015 E040145 X
015 A000146 CREDIT SUISSE FIRST BOSTON
015 B000146 S
015 C010146 MOSCOW
015 D010146 RUSSIA
015 E040146 X
015 A000147 SKANDINAVISKA ENSKILDA BANKEN
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015 C010147 S - 10640 STOCKHOLM
015 D010147 SWEDEN
015 E040147 X
015 A000148 DEVELOPMENT BANK OF SINGAPORE
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015 C010148 SINGAPORE
<PAGE> PAGE 11
015 D010148 SINGAPORE
015 D020148 0104
015 E040148 X
015 A000149 CESKOSLOVENSKA OBCHODNA BANKA A.S.
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015 C010149 BRATISLAVA
015 D010149 SLOVAK REPUBLIC
015 E040149 X
015 A000150 STANDARD CHARTERED BANK
015 B000150 S
015 C010150 BANGKOK
015 D010150 THAILAND
015 D020150 10500
015 E040150 X
015 A000151 CITIBANK, N.A.
015 B000151 S
015 C010151 ISTANBUL
015 D010151 TURKEY
015 E040151 X
015 A000152 CITIBANK N.A.
015 B000152 S
015 C010152 CARACAS
015 D010152 VENEZUELA
015 D020152 1010
015 E040152 X
015 A000153 STANDARD CORPORATE AND MERCHANT BANK
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015 C010153 JOHANNESBURG
015 D010153 SOUTH AFRICA
015 E040153 X
015 A000154 HONGKONG & SHANGHAI BANKING
015 B000154 S
015 C010154 PORT LOUIS
015 D010154 MAURITIUS
015 E040154 X
015 A000155 CITIBANK MEXICO S.A.
015 B000155 S
015 C010155 MEXICO CITY
015 D010155 MEXICO
015 E040155 X
015 A000156 BANQUE COMMERCIALE DU MAROC
015 B000156 S
015 C010156 CASABLANCA
015 D010156 MOROCCO
015 E040156 X
015 A000157 HONG KONG & SHANGHAI BANKING
015 B000157 S
015 C010157 COLOMBO
015 D010157 SRI LANKA
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024 000100 Y
<PAGE> PAGE 12
025 A000101 BEAR STEARNS COS., INC.
025 C000101 E
025 D000101 60
025 A000102 LEHMAN BROTHERS
025 C000102 D
025 D000102 1259
025 A000103 MERRILL LYNCH & CO., INC.
025 C000103 E
025 D000103 54
025 A000104 MORGAN STANLEY, DEAN WITTER
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025 D000104 148
025 A000105 SALOMON, INC.
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025 A000106 TRAVELERS GROUP, INC.
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<PAGE> PAGE 13
042 C000100 100
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062 P000100 20.0
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062 R000100 14.4
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064 B000100 N
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067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
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070 A020100 Y
070 B010100 Y
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070 E020100 N
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070 F020100 Y
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<PAGE> PAGE 14
070 I010100 N
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<PAGE> PAGE 15
072BB000100 373
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015 A000201 STATE STREET BANK AND TRUST COMPANY
015 B000201 C
015 C010201 BOSTON
015 C020201 MA
015 C030201 02266
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015 A000202 PNC BANK, NA
<PAGE> PAGE 16
015 B000202 S
015 C010202 PITTSBURGH
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015 C030202 15265
015 E010202 X
015 A000203 NATIONSBANK OF NORTH CAROLINA
015 B000203 S
015 C010203 CHARLOTTE
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015 C030203 28255
015 E010203 X
015 A000204 BANQUE PARIBAS
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015 C010204 MILAN
015 D010204 ITALY
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015 C010205 NEW YORK
015 C020205 NY
015 C030205 10006
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015 A000206 BANK OF NEW YORK
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015 C010206 NEW YORK
015 C020206 NY
015 C030206 10006
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015 A000207 BANKERS TRUST COMPANY
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015 C010207 NEW YORK
015 C020207 NY
015 C030207 10015
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015 A000208 WESTPAC CUSTODIAN NOMINEE LTD.
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015 A000209 CITIBANK N.A.
015 B000209 S
015 C010209 BUENOS AIRES
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015 A000210 GIROCREDIT BANK AKTIENGELLSCHAFT DER SPARKASS
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015 C010210 VIENNA
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015 A000211 GENERALE DE BANQUE
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<PAGE> PAGE 17
015 C010211 BRUSSELS
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015 A000212 CITIBANK N.A.
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015 C010212 SAO PAULO
015 D010212 BRAZIL
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015 A000213 CANADA TRUST COMPANY
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015 C010213 TORONTO, ONTARIO
015 D010213 CANADA
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015 A000214 HONGKONG & SHANGHAI BANKING CORP. LTD.
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015 A000215 HONGKONG & SHANGHAI BANKING CORP. LTD.
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015 D010215 CHINA
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015 A000216 UNION BANK OF SWITZERLAND
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015 A000217 CITIBANK N.A.
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015 D010218 COLOMBIA
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015 A000219 BARCLAY'S BANK PLC
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015 D010219 CYPRUS
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015 A000220 DEN DANSKE BANK
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015 C010220 DK-1092 COPENHAGEN
015 D010220 DENMARK
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015 A000221 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
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<PAGE> PAGE 18
015 D010221 CZECH REPUBLIC
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015 A000222 DRESDNER BANK AG
015 B000222 S
015 C010222 FRANKFURT
015 D010222 GERMANY
015 E040222 X
015 A000223 BANCO SANTANDER
015 B000223 S
015 C010223 28022 MADRID
015 D010223 SPAIN
015 E040223 X
015 A000224 MERITA BANK LTD.
015 B000224 S
015 C010224 00500 HELSINKI
015 D010224 FINLAND
015 E040224 X
015 A000225 BANQUE PARIBAS
015 B000225 S
015 C010225 75078 PARIS
015 D010225 FRANCE
015 E040225 X
015 A000226 NATIONAL BANK OF GREECE
015 B000226 S
015 C010226 105 59 ATHENS
015 D010226 GREECE
015 E040226 X
015 A000227 STANDARD CHARTERED BANK
015 B000227 S
015 C010227 HONG KONG
015 D010227 HONG KONG
015 E040227 X
015 A000228 CITIBANK BUDAPEST RT.
015 B000228 S
015 C010228 BUDAPEST
015 D010228 HUNGARY
015 E040228 X
015 A000229 HONGKONG SHANGHAI BANKING
015 B000229 S
015 C010229 BOMBAY
015 D010229 INDIA
015 E040229 X
015 A000230 STANDARD CHARTERED BANK PLC
015 B000230 S
015 C010230 JAKARTA
015 D010230 INDONESIA
015 E040230 X
015 A000231 BANK OF IRELAND
015 B000231 S
015 C010231 DUBLIN 1
015 D010231 IRELAND
<PAGE> PAGE 19
015 E040231 X
015 A000232 BANK HAPOALIM B.M.
015 B000232 S
015 C010232 TEL AVIV
015 D010232 ISRAEL
015 E040232 X
015 A000233 FUJI BANK
015 B000233 S
015 C010233 TOKLY
015 D010233 JAPAN
015 E040233 X
015 A000234 DELETE
015 A000235 BANK OF SEOUL
015 B000235 S
015 C010235 SEOUL
015 D010235 KOREA
015 E040235 X
015 A000236 STATE STREET BANK AND TRUST COMPANY
015 B000236 S
015 C010236 LONDON, ENGLAND
015 D010236 UNITED KINGDOM
015 E040236 X
015 A000237 CITIBANK N.A.
015 B000237 S
015 C010237 MEXICO CITY
015 D010237 MEXICO
015 E040237 X
015 A000238 STANDARD CHARTERED BANK MALAYSIA
015 B000238 S
015 C010238 50450 KUALA LUMPUR
015 D010238 MALAYSIA
015 E040238 X
015 A000239 BANQUE COMMERCIALE DU MAROC
015 B000239 S
015 C010239 CASABLANCA
015 D010239 MORROCCO
015 E040239 X
015 A000240 MEES PIERSON N.V.
015 B000240 S
015 C010240 1000 AG AMSTERDAM
015 D010240 NETHERLANDS
015 E040240 X
015 A000241 CHRISTIANIA BANK OF KREDITKASSE
015 B000241 S
015 C010241 0368 OSLO 3
015 D010241 NORWAY
015 E040241 X
015 A000242 ANZ BANKING GROUP
015 B000242 S
015 C010242 WELLINGTON
015 D010242 NEW ZEALAND
<PAGE> PAGE 20
015 E040242 X
015 A000243 STANDARD CHARTERED BANK
015 B000243 S
015 C010243 MAKATI,METRO MANILLA
015 D010243 THE PHILLIPPINES
015 E040243 X
015 A000244 CITIBANK (POLAND) S.A.
015 B000244 S
015 C010244 WARSAW
015 D010244 POLAND
015 E040244 X
015 A000245 BANCO COMMERCIAL PORTUGUES
015 B000245 S
015 C010245 LISBON
015 D010245 PORTUGAL
015 E040245 X
015 A000246 CREDIT SUISSE FIRST BOSTON
015 B000246 S
015 C010246 MOSCOW
015 D010246 RUSSIA
015 E040246 X
015 A000247 SKANDINAVISKA ENSKILDA BANKEN
015 B000247 S
015 C010247 S-10640 STOCKHOLM
015 D010247 SWEDEN
015 E040247 X
015 A000248 DEVELOPMENT BANK OF SINGAPORE
015 B000248 S
015 C010248 SINGAPORE
015 D010248 SINGAPORE
015 D020248 0104
015 E040248 X
015 A000249 CESKOSLOVENSKA OBCHODNA BANKA A.S.
015 B000249 S
015 C010249 BRATISLAVA
015 D010249 SLOVAK REPUBLIC
015 E040249 X
015 A000250 STANDARD CHARTERED BANK
015 B000250 S
015 C010250 BANGKOK
015 D010250 THAILAND
015 E040250 X
015 A000251 CITIBANK, N.A.
015 B000251 S
015 C010251 ISTANBUL
015 D010251 TURKEY
015 E040251 X
015 A000252 CITIBANK N.A.
015 B000252 S
015 C010252 CARACAS
015 D010252 VENEZUELA
<PAGE> PAGE 21
015 E040252 X
015 A000253 STANDARD CORPORATE AND MERCHANT BANK
015 B000253 S
015 C010253 JOHANNESBURG
015 D010253 SOUTH AFRICA
015 E040253 X
015 A000254 HONG KONG & SHANGHAI BANKING
015 B000254 S
015 C010254 PORT LOUIS
015 D010254 MAURITIUS
015 E040254 X
015 A000255 DEUTSCHE BANK A.G.
015 B000255 S
015 C010255 KARACHI
015 D010255 PAKISTAN
015 E040255 X
015 A000256 CITIBANK, N.A. LIMA
015 B000256 S
015 C010256 LIMA
015 D010256 PERU
015 E040256 X
015 A000257 HONG KONG & SHANGHAI BANKING
015 B000257 S
015 C010257 COLOMBO
015 D010257 SRI LANKA
015 E040257 X
024 000200 Y
025 A000201 BEAR STEARNS
025 C000201 E
025 D000201 315
025 A000202 DLJ
025 C000202 D
025 D000202 411
025 A000203 LEHMAN BROTHERS
025 C000203 D
025 D000203 1026
025 A000204 MERRILL LYNCH
025 C000204 E
025 D000204 331
025 A000205 SALOMON, INC.
025 C000205 D
025 D000205 749
025 A000206 TRAVELERS GROUP, INC.
025 C000206 E
025 D000206 503
025 D000207 0
025 D000208 0
028 A010200 4164
028 A020200 8947
028 A030200 0
028 A040200 3080
<PAGE> PAGE 22
028 B010200 12270
028 B020200 -17
028 B030200 0
028 B040200 6670
028 C010200 6735
028 C020200 -1
028 C030200 0
028 C040200 5388
028 D010200 6315
028 D020200 1269
028 D030200 0
028 D040200 6515
028 E010200 5601
028 E020200 0
028 E030200 0
028 E040200 7869
028 F010200 4729
028 F020200 0
028 F030200 0
028 F040200 4542
028 G010200 39814
028 G020200 10197
028 G030200 0
028 G040200 34064
028 H000200 0
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 43
044 000200 0
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 8.9
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 22.8
062 N000200 13.9
062 O000200 0.0
062 P000200 0.0
<PAGE> PAGE 23
062 Q000200 18.9
062 R000200 37.6
063 A000200 0
063 B000200 8.4
064 A000200 Y
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 Y
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 115670
071 B000200 109498
071 C000200 205547
071 D000200 53
<PAGE> PAGE 24
072 A000200 6
072 B000200 4428
072 C000200 887
072 D000200 0
072 E000200 0
072 F000200 830
072 G000200 83
072 H000200 0
072 I000200 65
072 J000200 38
072 K000200 0
072 L000200 26
072 M000200 3
072 N000200 21
072 O000200 2
072 P000200 0
072 Q000200 38
072 R000200 10
072 S000200 2
072 T000200 468
072 U000200 0
072 V000200 0
072 W000200 12
072 X000200 1598
072 Y000200 235
072 Z000200 3952
072AA000200 7794
072BB000200 2724
072CC010200 5390
072CC020200 0
072DD010200 3325
072DD020200 798
072EE000200 11038
073 A010200 0.2300
073 A020200 0.1900
073 B000200 0.6200
073 C000200 0.0000
074 A000200 2566
074 B000200 20170
074 C000200 0
074 D000200 126364
074 E000200 0
074 F000200 85475
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 1582
074 K000200 0
074 L000200 1966
074 M000200 0
074 N000200 238123
<PAGE> PAGE 25
074 O000200 8061
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 2686
074 S000200 0
074 T000200 227376
074 U010200 14492
074 U020200 4629
074 V010200 11.89
074 V020200 11.88
074 W000200 0.0000
074 X000200 2717
074 Y000200 0
075 A000200 0
075 B000200 221888
076 000200 0.00
015 A000301 STATE STREET BANK AND TRUST COMPANY
015 B000301 C
015 C010301 BOSTON
015 C020301 MA
015 C030301 02266
015 C040301 8600
015 E010301 X
015 A000302 PNC BANK, NA
015 B000302 S
015 C010302 PITTSBURGH
015 C020302 PA
015 C030302 15265
015 E010302 X
015 A000303 NATIONSBANK OF NORTH CAROLINA
015 B000303 S
015 C010303 CHARLOTTE
015 C020303 NC
015 C030303 28255
015 E010303 X
015 A000304 BANQUE PARIBAS
015 B000304 S
015 C010304 MILAN
015 D010304 ITALY
015 E040304 X
015 A000305 THE CHASE MANHATTAN CORPORATION
015 B000305 S
015 C010305 NEW YORK
015 C020305 NY
015 C030305 10006
015 E010305 X
015 A000306 BANK OF NEW YORK
015 B000306 S
<PAGE> PAGE 26
015 C010306 NEW YORK
015 C020306 NY
015 C030306 10006
015 E010306 X
015 A000307 BANKERS TRUST CO.
015 B000307 S
015 C010307 NEW YORK
015 C020307 NY
015 C030307 10015
015 E010307 X
015 A000308 BANK OF SEOUL
015 B000308 S
015 C010308 SEOUL
015 D010308 KOREA
015 E040308 X
015 A000309 DEN DANSKE BANK
015 B000309 S
015 C010309 DK-1092 COPENHAGEN
015 D010309 DENMARK
015 E040309 X
015 A000310 STANDARD CORPORATE AND MERCHANT BANK
015 B000310 S
015 C010310 JOHANNESBURG
015 D010310 SOUTH AFRICA
015 E040310 X
015 A000311 CESKOSLOVENSKA OBCHODNA BANK A.S.
015 B000311 S
015 C010311 BRATISLAVA
015 D010311 SLOVAK REPUBLIC
015 E040311 X
015 A000312 CITIBANK N.A.
015 B000312 S
015 C010312 CARACAS
015 D010312 VENEZUELA
015 D020312 1010
015 E040312 X
015 A000313 STATE STREET BANK & TRUST COMPANY
015 B000313 S
015 C010313 LONDON, ENGLAND
015 D010313 UNITED KINGDOM
015 D020313 E14 5AF
015 E040313 X
015 A000314 CITIBANK, N.A.
015 B000314 S
015 C010314 ISTANBUL
015 D010314 TURKEY
015 E040314 X
015 A000315 STANDARD CHARTERED BANK
015 B000315 S
015 C010315 BANGKOK
015 D010315 THAILAND
<PAGE> PAGE 27
015 D020315 10500
015 E040315 X
015 A000316 SKANDINAVISKA ENSKILDA BANKEN
015 B000316 S
015 C010316 S-10640 STOCKHOLM
015 D010316 SWEDEN
015 E040316 X
015 A000317 DEVELOPMENT BANK OF SINGAPORE
015 B000317 S
015 C010317 SINGAPORE
015 D010317 SINGAPORE
015 D020317 0104
015 E040317 X
015 A000318 CREDIT SUISSE FIRST BOSTON
015 B000318 S
015 C010318 MOSCOW
015 D010318 RUSSIA
015 E040318 X
015 A000319 BANCO COMMERCIAL PORTUGUES
015 B000319 S
015 C010319 LISBON
015 D010319 PORTUGAL
015 D020319 1000
015 E040319 X
015 A000320 CITIBANK, (POLAND) S.A.
015 B000320 S
015 C010320 WARSAW
015 D010320 POLAND
015 D020320 00-082
015 E040320 X
015 A000321 CITIBANK, N.A. LIMA
015 B000321 S
015 C010321 LIMA 27
015 D010321 PERU
015 E040321 X
015 A000322 DEUTSCHE BANK A.G.
015 B000322 S
015 C010322 KARACHI
015 D010322 PAKISTAN
015 D020322 74000
015 E040322 X
015 A000323 CHRISTIANIA BANK OF KREDITKASSE
015 B000323 S
015 C010323 0368 OSLO 3
015 D010323 NORWAY
015 E040323 X
015 A000324 ANZ BANKING GROUP
015 B000324 S
015 C010324 WELLINGTON
015 D010324 NEW ZEALAND
015 E040324 X
<PAGE> PAGE 28
015 A000325 MEES PIERSON N.V.
015 B000325 S
015 C010325 1000 AG AMSTERDAM
015 D010325 NETHERLANDS
015 E040325 X
015 A000326 BANQUE COMMERCIALE DU MAROC
015 B000326 S
015 C010326 CASABLANCA
015 D010326 MORROCCO
015 E040326 X
015 A000327 CITIBANK N.A.
015 B000327 S
015 C010327 MEXICO CITY
015 D010327 MEXICO
015 D020327 D.F. 06695
015 E040327 X
015 A000328 STANDARD CHARTERED BANK MALAYSIA
015 B000328 S
015 C010328 50450 KUALA LUMPUR
015 D010328 MALAYSIA
015 E040328 X
015 A000329 FUJI BANK
015 B000329 S
015 C010329 TOKYO
015 D010329 JAPAN
015 E040329 X
015 A000330 DELETE
015 A000331 BANK HAPOALIM B.M.
015 B000331 S
015 C010331 TEL AVIV
015 D010331 ISRAEL
015 E040331 X
015 A000332 BANK OF IRELAND
015 B000332 S
015 C010332 DUBLIN 1
015 D010332 IRELAND
015 E040332 X
015 A000333 STANDARD CHARTERED BANK PLC
015 B000333 S
015 C010333 JAKARTA
015 D010333 INDONESIA
015 D020333 10220
015 E040333 X
015 A000334 HONGKONG SHANGHAI BANKING
015 B000334 S
015 C010334 BOMBAY
015 D010334 INDIA
015 E040334 X
015 A000335 CITIBANK BUDAPEST RT.
015 B000335 S
015 C010335 BUDAPEST
<PAGE> PAGE 29
015 D010335 HUNGARY
015 E040335 X
015 A000336 STANDARD CHARTERED BANK
015 B000336 S
015 C010336 HONG KONG
015 D010336 HONG KONG
015 E040336 X
015 A000337 NATIONAL BANK OF GREECE
015 B000337 S
015 C010337 105 59 ATHENS
015 D010337 GREECE
015 E040337 X
015 A000338 DRESDNER BANK AG
015 B000338 S
015 C010338 FRANKFURT
015 D010338 GERMANY
015 E040338 X
015 A000339 BANQUE PARIBAS
015 B000339 S
015 C010339 75078 PARIS
015 D010339 FRANCE
015 E040339 X
015 A000340 MERITA BANK LTD.
015 B000340 S
015 C010340 00500 HELSINKI
015 D010340 FINLAND
015 E040340 X
015 A000341 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000341 S
015 C010341 PRAGUE
015 D010341 CZECH REPUBLIC
015 E040341 X
015 A000342 BARCLAY'S BANK PLC
015 B000342 S
015 C010342 NICOSIA
015 D010342 CYPRUS
015 E040342 X
015 A000343 CITITRUST, S.A.
015 B000343 S
015 C010343 SANTAFE DE BOGOTA
015 D010343 COLUMBIA
015 E040343 X
015 A000344 CITIBANK N.A.
015 B000344 S
015 C010344 SANTIAGO
015 D010344 CHILE
015 E040344 X
015 A000345 CITIBANK N.A.
015 B000345 S
015 C010345 BUENOS AIRES
015 D010345 ARGENTINA
<PAGE> PAGE 30
015 E040345 X
015 A000346 GIROCREDIT BANK AKTIENGELLSCHAFT DER SPARKASS
015 B000346 S
015 C010346 VIENNA
015 D010346 AUSTRIA
015 E040346 X
015 A000347 WESTPAC CUSTODIAN NOMINEE LTD
015 B000347 S
015 C010347 SIDNEY
015 D010347 AUSTRALIA
015 D020347 2000
015 E040347 X
015 A000348 GENERALE DE BANQUE
015 B000348 S
015 C010348 BRUSSELS
015 D010348 BELGIUM
015 E040348 X
015 A000349 CITIBANK N.A.
015 B000349 S
015 C010349 SAO PAULO
015 D010349 BRAZIL
015 E040349 X
015 A000350 CANADA TRUST COMPANY
015 B000350 S
015 C010350 TORONTO, ONTARIO
015 D010350 CANADA
015 D020350 M5J 2T2
015 E040350 X
015 A000351 HONGKONG & SHANGHAI BANKING CORP. LTD
015 B000351 S
015 C010351 SHENZHEN
015 D010351 CHINA
015 E040351 X
015 A000352 HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000352 S
015 C010352 SHANGHAI
015 D010352 CHINA
015 E040352 X
015 A000353 HONG KONG & SHANGHAI BANKING
015 B000353 S
015 C010353 PORT LOUIS
015 D010353 MAURITIUS
015 E040353 X
015 A000354 STANDARD CHARTERED BANK PLC
015 B000354 S
015 C010354 MANILLA
015 D010354 PHILLIPPINES
015 E040354 X
015 A000355 BANCO SANTANDER
015 B000355 S
015 C010355 MADRID
<PAGE> PAGE 31
015 D010355 SPAIN
015 E040355 X
015 A000356 HONG KONG & SHANGHAI BANKING
015 B000356 S
015 C010356 COLOMBO
015 D010356 SRI LANKA
015 E040356 X
015 A000357 UNION BANK OF SWITZERLAND
015 B000357 S
015 C010357 ZURICH
015 D010357 SWITZERLAND
015 E040357 X
024 000300 Y
025 A000301 BEAR STEARNS
025 C000301 E
025 D000301 429
025 A000302 DLJ
025 C000302 D
025 D000302 463
025 A000303 LEHMAN BROTHERS
025 C000303 D
025 D000303 873
025 A000304 MERRILL LYNCH
025 C000304 E
025 D000304 465
025 A000305 MORGAN STANLEY, DEAN WITTER
025 C000305 E
025 D000305 1140
025 A000306 SALOMON
025 C000306 D
025 D000306 157
025 A000307 TRAVELERS GROUP, INC.
025 C000307 E
025 D000307 714
025 D000308 0
028 A010300 5368
028 A020300 13688
028 A030300 0
028 A040300 4636
028 B010300 11158
028 B020300 -7
028 B030300 0
028 B040300 9354
028 C010300 7060
028 C020300 2
028 C030300 0
028 C040300 6615
028 D010300 9441
028 D020300 1103
028 D030300 0
028 D040300 9261
<PAGE> PAGE 32
028 E010300 9438
028 E020300 0
028 E030300 0
028 E040300 10449
028 F010300 6646
028 F020300 0
028 F030300 0
028 F040300 4912
028 G010300 49111
028 G020300 14786
028 G030300 0
028 G040300 45228
028 H000300 0
042 A000300 0
042 B000300 0
042 C000300 100
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 24
044 000300 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
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 Y
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 N
067 000300 N
<PAGE> PAGE 33
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 Y
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 126213
071 B000300 121075
071 C000300 227473
071 D000300 53
072 A000300 6
072 B000300 3418
072 C000300 1100
072 D000300 0
072 E000300 0
072 F000300 919
072 G000300 93
072 H000300 0
<PAGE> PAGE 34
072 I000300 85
072 J000300 23
072 K000300 0
072 L000300 15
072 M000300 3
072 N000300 14
072 O000300 2
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072 Q000300 44
072 R000300 7
072 S000300 3
072 T000300 598
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072 V000300 0
072 W000300 15
072 X000300 1821
072 Y000300 266
072 Z000300 2963
072AA000300 13448
072BB000300 5764
072CC010300 8608
072CC020300 0
072DD010300 2231
072DD020300 754
072EE000300 15943
073 A010300 0.1700
073 A020300 0.1300
073 B000300 0.8800
073 C000300 0.0000
074 A000300 18
074 B000300 16890
074 C000300 0
074 D000300 94253
074 E000300 0
074 F000300 142811
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074 N000300 260823
074 O000300 3618
074 P000300 0
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074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 2023
074 S000300 0
<PAGE> PAGE 35
074 T000300 255182
074 U010300 13294
074 U020300 6294
074 V010300 13.04
074 V020300 13.00
074 W000300 0.0000
074 X000300 3992
074 Y000300 0
075 A000300 0
075 B000300 246516
076 000300 0.00
015 A000401 STATE STREET BANK AND TRUST COMPANY
015 B000401 C
015 C010401 BOSTON
015 C020401 MA
015 C030401 02266
015 C040401 8600
015 E010401 X
015 A000402 PNC BANK, NA
015 B000402 S
015 C010402 PITTSBURGH
015 C020402 PA
015 C030402 15265
015 E010402 X
015 A000403 NATIONSBANK OF NORTH CAROLINA
015 B000403 S
015 C010403 CHARLOTTE
015 C020403 NC
015 C030403 28255
015 E010403 X
015 A000404 BANQUE PARIBAS
015 B000404 S
015 C010404 MILAN
015 D010404 ITALY
015 E040404 X
015 A000405 THE CHASE MANHATTAN CORPORATION
015 B000405 S
015 C010405 NEW YORK
015 C020405 NY
015 C030405 10006
015 E010405 X
015 A000406 BANK OF NEW YORK
015 B000406 S
015 C010406 NEW YORK
015 C020406 NY
015 C030406 10006
015 E010406 X
015 A000407 BANKERS TRUST CO.
015 B000407 S
015 C010407 NEW YORK
015 C020407 NY
<PAGE> PAGE 36
015 C030407 10015
015 E010407 X
015 A000408 CITIBANK N.A.
015 B000408 S
015 C010408 BUENOS AIRES
015 D010408 ARGENTINA
015 E040408 X
015 A000409 WESTPAC CUSTODIAN NOMINEE LTD.
015 B000409 S
015 C010409 SIDNEY
015 D010409 AUSTRALIA
015 D020409 2000
015 E040409 X
015 A000410 GIROCREDIT BANK AKTIENGELLSCHAFT DER SPARKASS
015 B000410 S
015 C010410 VIENNA
015 D010410 AUSTRIA
015 E040410 X
015 A000411 GENERALE DE BANQUE
015 B000411 S
015 C010411 BRUSSELS
015 D010411 BELGIUM
015 E040411 X
015 A000412 CITIBANK N.A.
015 B000412 S
015 C010412 SAO PAULO
015 D010412 BRAZIL
015 E040412 X
015 A000413 CANADA TRUST COMPANY
015 B000413 S
015 C010413 TORONTO, ONTARIO
015 D010413 CANADA
015 D020413 M5J 2T2
015 E040413 X
015 A000414 UNION BANK OF SWITZERLAND
015 B000414 S
015 C010414 8021 ZURICH
015 D010414 SWITZERLAND
015 E040414 X
015 A000415 CITIBANK N.A.
015 B000415 S
015 C010415 SANTIAGO
015 D010415 CHILE
015 E040415 X
015 A000416 HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000416 S
015 C010416 SHANGHAI
015 D010416 CHINA
015 E040416 X
015 A000417 HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000417 S
<PAGE> PAGE 37
015 C010417 SHENZHEN
015 D010417 CHINA
015 E040417 X
015 A000418 CITITRUST, S.A.
015 B000418 S
015 C010418 SANTAFE DE BOGOTA
015 D010418 COLOMBIA
015 E040418 X
015 A000419 BARCLAY'S BANK PLC
015 B000419 S
015 C010419 NICOSIA
015 D010419 CYPRUS
015 E040419 X
015 A000420 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000420 S
015 C010420 PRAGUE
015 D010420 CZECH REPUBLIC
015 E040420 X
015 A000421 DEN DANSKE BANK
015 B000421 S
015 C010421 DK-1092 COPENHAGEN
015 D010421 DENMARK
015 E040421 X
015 A000422 DRESDNER BANK AG
015 B000422 S
015 C010422 FRANKFURT
015 D010422 GERMANY
015 E040422 X
015 A000423 BANCO SANTANDER
015 B000423 S
015 C010423 28022 MADRID
015 D010423 SPAIN
015 E040423 X
015 A000424 MERITA BANK LTD.
015 B000424 S
015 C010424 00500 HELSINKI
015 D010424 FINLAND
015 E040424 X
015 A000425 BANQUE PARIBAS
015 B000425 S
015 C010425 75078 PARIS
015 D010425 FRANCE
015 E040425 X
015 A000426 NATIONAL BANK OF GREECE
015 B000426 S
015 C010426 105 59 ATHENS
015 D010426 GREECE
015 E040426 X
015 A000427 STANDARD CHARTERED BANK
015 B000427 S
015 C010427 HONG KONG
<PAGE> PAGE 38
015 D010427 HONG KONG
015 E040427 X
015 A000428 CITIBANK BUDAPEST RT.
015 B000428 S
015 C010428 BUDAPEST
015 D010428 HUNGARY
015 E040428 X
015 A000429 HONGKONG SHANGHAI BANKING
015 B000429 S
015 C010429 BOMBAY
015 D010429 INDIA
015 E040429 X
015 A000430 BANK HAPOALIM B.M.
015 B000430 S
015 C010430 TEL AVIV
015 D010430 ISRAEL
015 E040430 X
015 A000431 STANDARD CHARTERED BANK PLC
015 B000431 S
015 C010431 JAKARTA
015 D010431 INDONESIA
015 D020431 10220
015 E040431 X
015 A000432 BANK OF IRELAND
015 B000432 S
015 C010432 DUBLIN 1
015 D010432 IRELAND
015 E040432 X
015 A000433 DELETE
015 A000434 DELETE
015 A000435 BANK OF SEOUL
015 B000435 S
015 C010435 SEOUL
015 D010435 KOREA
015 E040435 X
015 A000436 STATE STREET BANK & TRUST COMPANY
015 B000436 S
015 C010436 LONDON, ENGLAND
015 D010436 UNITED KINGDOM
015 D020436 E14 5AF
015 E040436 X
015 A000437 STANDARD CHARTERED BANK MALAYSIA
015 B000437 S
015 C010437 50450 KUALA LUMPUR
015 D010437 MALAYSIA
015 E040437 X
015 A000438 CITIBANK N.A.
015 B000438 S
015 C010438 MEXICO CITY
015 D010438 MEXICO
015 D020438 D.F. 06695
<PAGE> PAGE 39
015 E040438 X
015 A000439 BANQUE COMMERCIALE DU MAROC
015 B000439 S
015 C010439 CASABLANCA
015 D010439 MORROCCO
015 E040439 X
015 A000440 MEES PIERSON N.V.
015 B000440 S
015 C010440 1000 AG AMSTERDAM
015 D010440 NETHERLANDS
015 E040440 X
015 A000441 CHRISTIANIA BANK OF KREDITKASSE
015 B000441 S
015 C010441 0368 OSLO 3
015 D010441 NORWAY
015 E040441 X
015 A000442 ANZ BANKING GROUP
015 B000442 S
015 C010442 WELLINGTON
015 D010442 NEW ZEALAND
015 E040442 X
015 A000443 STANDARD CHARTERED BANK
015 B000443 S
015 C010443 MAKATI, METRO MANILA
015 D010443 THE PHILLIPPINES
015 E040443 X
015 A000444 DEUTSCHE BANK A.G.
015 B000444 S
015 C010444 KARACHI
015 D010444 PAKISTAN
015 D020444 74000
015 E040444 X
015 A000445 CITIBANK, N.A. LIMA
015 B000445 S
015 C010445 LIMA 27
015 D010445 PERU
015 E040445 X
015 A000446 CITIBANK, (POLAND) S.A.
015 B000446 S
015 C010446 WARSAW
015 D010446 POLAND
015 E040446 X
015 A000447 BANCO COMMERCIAL PORTUGUES
015 B000447 S
015 C010447 LISBON
015 D010447 PORTUGAL
015 D020447 1000
015 E040447 X
015 A000448 CREDIT SUISSE FIRST BOSTON
015 B000448 S
015 C010448 MOSCOW
<PAGE> PAGE 40
015 D010448 RUSSIA
015 E040448 X
015 A000449 SKANDINAVISKA ENSKILDA BANKEN
015 B000449 S
015 C010449 S-10640 STOCKHOLM
015 D010449 SWEDEN
015 E040449 X
015 A000450 DEVELOPMENT BANK OF SINGAPORE
015 B000450 S
015 C010450 SINGAPORE
015 D010450 SINGAPORE
015 D020450 0104
015 E040450 X
015 A000451 CESKOSLOVENSKA OBCHODNA BANKA A.S.
015 B000451 S
015 C010451 BRATISLAVA
015 D010451 SLOVAK REPUBLIC
015 E040451 X
015 A000452 CITIBANK, N.A.
015 B000452 S
015 C010452 ISTANBUL
015 D010452 TURKEY
015 E040452 X
015 A000453 STANDARD CHARTERED BANK
015 B000453 S
015 C010453 BANGKOK
015 D010453 THAILAND
015 D020453 10500
015 E040453 X
015 A000454 CITIBANK N.A.
015 B000454 S
015 C010454 CARACAS
015 D010454 VENEZUELA
015 D020454 1010
015 E040454 X
015 A000455 STANDARD CORPORATE AND MERCHANT BANK
015 B000455 S
015 C010455 JOHANNESBURG
015 D010455 SOUTH AFRICA
015 E040455 X
015 A000456 HONG KONG & SHANGHAI BANKING
015 B000456 S
015 C010456 PORT LOUIS
015 D010456 MAURITIUS
015 E040456 X
015 A000457 HONG KONG & SHANGHAI BANKING
015 B000457 S
015 C010457 COLOMBO
015 D010457 SRI LANKA
015 E040457 X
024 000400 Y
<PAGE> PAGE 41
025 A000401 BEAR STEARNS
025 C000401 E
025 D000401 326
025 A000402 MERRILL LYNCH & CO., INC.
025 C000402 E
025 D000402 286
025 A000403 MORGAN STANLEY, DEAN WITTER
025 C000403 E
025 D000403 796
025 A000404 TRAVLERS GROUP, INC.
025 C000404 E
025 D000404 491
025 A000405 DELETE
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 4140
028 A020400 5983
028 A030400 0
028 A040400 2479
028 B010400 8509
028 B020400 -4
028 B030400 0
028 B040400 3325
028 C010400 4322
028 C020400 0
028 C030400 0
028 C040400 2784
028 D010400 5942
028 D020400 409
028 D030400 0
028 D040400 4222
028 E010400 6247
028 E020400 0
028 E030400 0
028 E040400 6233
028 F010400 4713
028 F020400 0
028 F030400 0
028 F040400 3795
028 G010400 33873
028 G020400 6387
028 G030400 0
028 G040400 22837
028 H000400 0
042 A000400 0
042 B000400 0
042 C000400 100
042 D000400 0
042 E000400 0
<PAGE> PAGE 42
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 42
044 000400 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
063 A000400 0
063 B000400 0.0
066 A000400 Y
066 B000400 N
066 C000400 Y
066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 Y
070 G010400 Y
070 G020400 N
070 H010400 Y
<PAGE> PAGE 43
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 Y
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 Y
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 86327
071 B000400 71904
071 C000400 121871
071 D000400 59
072 A000400 6
072 B000400 1083
072 C000400 752
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072 E000400 0
072 F000400 507
072 G000400 77
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072 I000400 79
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072 L000400 23
072 M000400 2
072 N000400 24
072 O000400 2
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072 S000400 2
072 T000400 360
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072 V000400 0
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072 X000400 1148
072 Y000400 233
072 Z000400 920
<PAGE> PAGE 44
072AA000400 9247
072BB000400 3762
072CC010400 6211
072CC020400 0
072DD010400 717
072DD020400 264
072EE000400 7222
073 A010400 0.1200
073 A020400 0.0700
073 B000400 0.6900
073 C000400 0.0000
074 A000400 12
074 B000400 8195
074 C000400 0
074 D000400 29012
074 E000400 0
074 F000400 105703
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074 H000400 0
074 I000400 0
074 J000400 2828
074 K000400 0
074 L000400 807
074 M000400 0
074 N000400 146557
074 O000400 1834
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074 R030400 0
074 R040400 160
074 S000400 0
074 T000400 144563
074 U010400 6315
074 U020400 3989
074 V010400 14.04
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074 W000400 0.0000
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075 B000400 135641
076 000400 0.00
SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 011
<NAME> Managed Series Trust
Federated Managed Income Fund
Institutional Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> May-31-1998
<INVESTMENTS-AT-COST> 117,657,177
<INVESTMENTS-AT-VALUE> 122,279,731
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<OTHER-ITEMS-LIABILITIES> 4,680,813
<TOTAL-LIABILITIES> 6,137,677
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 111,428,401
<SHARES-COMMON-STOCK> 6,992,115
<SHARES-COMMON-PRIOR> 6,594,928
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 36,820
<ACCUMULATED-NET-GAINS> 1,816,033
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,465,146
<NET-ASSETS> 76,115,539
<DIVIDEND-INCOME> 298,852
<INTEREST-INCOME> 3,036,388
<OTHER-INCOME> 0
<EXPENSES-NET> 588,304
<NET-INVESTMENT-INCOME> 2,746,936
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<APPREC-INCREASE-CURRENT> 702,529
<NET-CHANGE-FROM-OPS> 5,287,303
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,919,635
<DISTRIBUTIONS-OF-GAINS> 868,541
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,468,066
<NUMBER-OF-SHARES-REDEEMED> 1,217,303
<SHARES-REINVESTED> 146,424
<NET-CHANGE-IN-ASSETS> 10,006,939
<ACCUMULATED-NII-PRIOR> 26,225
<ACCUMULATED-GAINS-PRIOR> 1,304,978
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 949,960
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<PER-SHARE-NAV-BEGIN> 10.770
<PER-SHARE-NII> 0.270
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 012
<NAME> Managed Series Trust
Federated Managed Income Fund
Select Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> May-31-1998
<INVESTMENTS-AT-COST> 117,657,177
<INVESTMENTS-AT-VALUE> 122,279,731
<RECEIVABLES> 1,409,904
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<OTHER-ITEMS-ASSETS> 0
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<TOTAL-LIABILITIES> 6,137,677
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 111,428,401
<SHARES-COMMON-STOCK> 3,817,771
<SHARES-COMMON-PRIOR> 3,397,502
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 36,820
<ACCUMULATED-NET-GAINS> 1,816,033
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,465,146
<NET-ASSETS> 41,557,221
<DIVIDEND-INCOME> 298,852
<INTEREST-INCOME> 3,036,388
<OTHER-INCOME> 0
<EXPENSES-NET> 588,304
<NET-INVESTMENT-INCOME> 2,746,936
<REALIZED-GAINS-CURRENT> 1,837,838
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<NET-CHANGE-FROM-OPS> 5,287,303
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 890,346
<DISTRIBUTIONS-OF-GAINS> 458,242
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 852,652
<NUMBER-OF-SHARES-REDEEMED> 517,251
<SHARES-REINVESTED> 84,868
<NET-CHANGE-IN-ASSETS> 10,006,939
<ACCUMULATED-NII-PRIOR> 26,225
<ACCUMULATED-GAINS-PRIOR> 1,304,978
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 439,539
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 949,960
<AVERAGE-NET-ASSETS> 112,780,070
<PER-SHARE-NAV-BEGIN> 10.770
<PER-SHARE-NII> 0.250
<PER-SHARE-GAIN-APPREC> 0.250
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<PER-SHARE-NAV-END> 10.890
<EXPENSE-RATIO> 1.50
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 021
<NAME> Managed Series Trust
Federated Managed Growth and Income Fund
Institutional Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> May-31-1998
<INVESTMENTS-AT-COST> 213,762,031
<INVESTMENTS-AT-VALUE> 232,008,959
<RECEIVABLES> 3,390,435
<ASSETS-OTHER> 2,723,623
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,380,123,017
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,684,833
<TOTAL-LIABILITIES> 10,746,075
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 203,283,566
<SHARES-COMMON-STOCK> 14,492,256
<SHARES-COMMON-PRIOR> 13,751,196
<ACCUMULATED-NII-CURRENT> 1,152,650
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,940,736
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,999,990
<NET-ASSETS> 172,376,447
<DIVIDEND-INCOME> 887,391
<INTEREST-INCOME> 4,428,361
<OTHER-INCOME> 0
<EXPENSES-NET> 1,363,855
<NET-INVESTMENT-INCOME> 3,951,897
<REALIZED-GAINS-CURRENT> 5,022,493
<APPREC-INCREASE-CURRENT> 5,390,168
<NET-CHANGE-FROM-OPS> 14,364,558
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,325,457
<DISTRIBUTIONS-OF-GAINS> 8,553,201
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,420,588
<NUMBER-OF-SHARES-REDEEMED> 2,315,515
<SHARES-REINVESTED> 635,987
<NET-CHANGE-IN-ASSETS> 15,150,145
<ACCUMULATED-NII-PRIOR> 1,323,881
<ACCUMULATED-GAINS-PRIOR> 10,956,599
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 829,959
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,597,895
<AVERAGE-NET-ASSETS> 221,887,592
<PER-SHARE-NAV-BEGIN> 11.980
<PER-SHARE-NII> 0.220
<PER-SHARE-GAIN-APPREC> 0.540
<PER-SHARE-DIVIDEND> 0.230
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<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.890
<EXPENSE-RATIO> 1.07
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 022
<NAME> Managed Series Trust
Federated Managed Growth and Income Fund
Select Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> May-31-1998
<INVESTMENTS-AT-COST> 213,762,031
<INVESTMENTS-AT-VALUE> 232,008,959
<RECEIVABLES> 3,390,435
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,380,123,017
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<TOTAL-LIABILITIES> 10,746,075
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 203,283,566
<SHARES-COMMON-STOCK> 4,628,874
<SHARES-COMMON-PRIOR> 3,970,069
<ACCUMULATED-NII-CURRENT> 1,152,650
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,940,736
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,999,990
<NET-ASSETS> 55,000,495
<DIVIDEND-INCOME> 887,391
<INTEREST-INCOME> 4,428,361
<OTHER-INCOME> 0
<EXPENSES-NET> 1,363,855
<NET-INVESTMENT-INCOME> 3,951,897
<REALIZED-GAINS-CURRENT> 5,022,493
<APPREC-INCREASE-CURRENT> 5,390,168
<NET-CHANGE-FROM-OPS> 14,364,558
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 797,671
<DISTRIBUTIONS-OF-GAINS> 2,485,155
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 986,945
<NUMBER-OF-SHARES-REDEEMED> 586,710
<SHARES-REINVESTED> 258,570
<NET-CHANGE-IN-ASSETS> 15,150,145
<ACCUMULATED-NII-PRIOR> 1,323,881
<ACCUMULATED-GAINS-PRIOR> 10,956,599
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 829,959
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,597,895
<AVERAGE-NET-ASSETS> 221,887,592
<PER-SHARE-NAV-BEGIN> 11.960
<PER-SHARE-NII> 0.180
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<PER-SHARE-DIVIDEND> 0.190
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<PER-SHARE-NAV-END> 11.880
<EXPENSE-RATIO> 1.77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 031
<NAME> Managed Series Trust
Federated Managed Growth Fund
Institutional Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> May-31-1998
<INVESTMENTS-AT-COST> 225,638,760
<INVESTMENTS-AT-VALUE> 253,954,002
<RECEIVABLES> 5,965,558
<ASSETS-OTHER> 903,898
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 260,823,458
<PAYABLE-FOR-SECURITIES> 3,617,998
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,023,326
<TOTAL-LIABILITIES> 5,641,324
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 218,779,708
<SHARES-COMMON-STOCK> 13,294,193
<SHARES-COMMON-PRIOR> 12,486,120
<ACCUMULATED-NII-CURRENT> 311,705
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,033,993
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 28,056,728
<NET-ASSETS> 173,358,904
<DIVIDEND-INCOME> 1,100,217
<INTEREST-INCOME> 3,417,891
<OTHER-INCOME> 0
<EXPENSES-NET> 1,555,155
<NET-INVESTMENT-INCOME> 2,962,953
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,230,910
<DISTRIBUTIONS-OF-GAINS> 10,981,747
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,669,154
<NUMBER-OF-SHARES-REDEEMED> 2,640,292
<SHARES-REINVESTED> 779,211
<NET-CHANGE-IN-ASSETS> 18,917,662
<ACCUMULATED-NII-PRIOR> 333,351
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-EXPENSE> 1,820,671
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 032
<NAME> Managed Series Trust
Federated Managed Growth Fund
Select Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> May-31-1998
<INVESTMENTS-AT-COST> 225,638,760
<INVESTMENTS-AT-VALUE> 253,954,002
<RECEIVABLES> 5,965,558
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<TOTAL-LIABILITIES> 5,641,324
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 218,779,708
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<SHARES-COMMON-PRIOR> 5,571,013
<ACCUMULATED-NII-CURRENT> 311,705
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,033,993
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 28,056,728
<NET-ASSETS> 81,823,230
<DIVIDEND-INCOME> 1,100,217
<INTEREST-INCOME> 3,417,891
<OTHER-INCOME> 0
<EXPENSES-NET> 1,555,155
<NET-INVESTMENT-INCOME> 2,962,953
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<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,180,087
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<SHARES-REINVESTED> 891,322
<NET-CHANGE-IN-ASSETS> 18,917,662
<ACCUMULATED-NII-PRIOR> 333,351
<ACCUMULATED-GAINS-PRIOR> 16,371,228
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,820,671
<AVERAGE-NET-ASSETS> 246,516,492
<PER-SHARE-NAV-BEGIN> 13.060
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<PER-SHARE-DISTRIBUTIONS> 0.880
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<PER-SHARE-NAV-END> 13.000
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<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 041
<NAME> Managed Series Trust
Federated Managed Aggressive Growth Fund
Institutional Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> May-31-1998
<INVESTMENTS-AT-COST> 124,416,327
<INVESTMENTS-AT-VALUE> 142,909,652
<RECEIVABLES> 3,463,860
<ASSETS-OTHER> 183,505
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 146,557,017
<PAYABLE-FOR-SECURITIES> 1,834,154
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 160,213
<TOTAL-LIABILITIES> 1,994,367
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 120,938,840
<SHARES-COMMON-STOCK> 6,314,517
<SHARES-COMMON-PRIOR> 5,616,365
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5,580,783
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18,255,391
<NET-ASSETS> 88,643,860
<DIVIDEND-INCOME> 752,123
<INTEREST-INCOME> 1,083,285
<OTHER-INCOME> 0
<EXPENSES-NET> 915,580
<NET-INVESTMENT-INCOME> 919,828
<REALIZED-GAINS-CURRENT> 5,445,651
<APPREC-INCREASE-CURRENT> 6,210,878
<NET-CHANGE-FROM-OPS> 12,576,357
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<DISTRIBUTIONS-OF-INCOME> 716,773
<DISTRIBUTIONS-OF-GAINS> 3,897,323
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,524,962
<NUMBER-OF-SHARES-REDEEMED> 1,133,062
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<NET-CHANGE-IN-ASSETS> 22,777,610
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 6,376,159
<OVERDISTRIB-NII-PRIOR> 151,632
<OVERDIST-NET-GAINS-PRIOR> 0
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,148,108
<AVERAGE-NET-ASSETS> 135,640,523
<PER-SHARE-NAV-BEGIN> 13.580
<PER-SHARE-NII> 0.120
<PER-SHARE-GAIN-APPREC> 1.150
<PER-SHARE-DIVIDEND> 0.120
<PER-SHARE-DISTRIBUTIONS> 0.690
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<PER-SHARE-NAV-END> 14.040
<EXPENSE-RATIO> 1.09
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 042
<NAME> Managed Series Trust
Federated Managed Aggressive Growth Fund
Select Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> May-31-1998
<INVESTMENTS-AT-COST> 124,416,327
<INVESTMENTS-AT-VALUE> 142,909,652
<RECEIVABLES> 3,463,860
<ASSETS-OTHER> 183,505
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 146,557,017
<PAYABLE-FOR-SECURITIES> 1,834,154
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 160,213
<TOTAL-LIABILITIES> 1,994,367
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 120,938,840
<SHARES-COMMON-STOCK> 3,989,145
<SHARES-COMMON-PRIOR> 3,356,174
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5,580,783
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18,255,391
<NET-ASSETS> 55,918,790
<DIVIDEND-INCOME> 752,123
<INTEREST-INCOME> 1,083,285
<OTHER-INCOME> 0
<EXPENSES-NET> 915,580
<NET-INVESTMENT-INCOME> 919,828
<REALIZED-GAINS-CURRENT> 5,445,651
<APPREC-INCREASE-CURRENT> 6,210,878
<NET-CHANGE-FROM-OPS> 12,576,357
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 263,787
<DISTRIBUTIONS-OF-GAINS> 2,343,704
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 966,597
<NUMBER-OF-SHARES-REDEEMED> 522,926
<SHARES-REINVESTED> 189,301
<NET-CHANGE-IN-ASSETS> 22,777,610
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 6,376,159
<OVERDISTRIB-NII-PRIOR> 151,632
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 507,073
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,148,108
<AVERAGE-NET-ASSETS> 135,640,523
<PER-SHARE-NAV-BEGIN> 13.560
<PER-SHARE-NII> 0.070
<PER-SHARE-GAIN-APPREC> 1.150
<PER-SHARE-DIVIDEND> 0.070
<PER-SHARE-DISTRIBUTIONS> 0.690
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.020
<EXPENSE-RATIO> 1.79
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
