<PAGE> PAGE 1
000 B000000 03/31/99
000 C000000 0000915388
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 ESC STRATEGIC FUNDS, INC.
001 B000000 811-8166
001 C000000 6144708038
002 A000000 3435 STELZER RD.
002 B000000 COLUMBUS
002 C000000 OH
002 D010000 43219
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 5
007 C010100 1
007 C020100 ESC STRATEGIC INCOME FUND
007 C030100 N
007 C010200 2
007 C020200 ESC STRATEGIC INTERNATIONAL EQUITY FUND
007 C030200 N
007 C010300 3
007 C020300 ESC STRATEGIC SMALL CAP FUND
007 C030300 N
007 C010400 4
007 C020400 ESC STRATEGIC APPRECIATION FUND
007 C030400 N
007 C010500 5
007 C020500 ESC STRATEGIC SMALL CAP II
007 C030500 N
007 C010600 6
007 C020600 ESC STRATEGIC VALUE FUND
007 C030600 Y
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 SUNTRUST EQUITABLE SECURITIES CORPORATION
008 B00AA01 A
008 C00AA01 801-17212
008 D01AA01 NASHVILLE
008 D02AA01 TN
008 D03AA01 37219
010 A00AA01 BISYS FUND SERVICES
<PAGE> PAGE 2
010 B00AA01 8-17741
010 C01AA01 COLUMBUS
010 C02AA01 OH
010 C03AA01 43219
011 A00AA01 SUNTRUST EQUITABLE SECURITIES CORPORATION
011 B00AA01 8-00000
011 C01AA01 NASHVILLE
011 C02AA01 TN
011 C03AA01 37219
012 A00AA01 BISYS FUND SERVICES
012 B00AA01 84-5417
012 C01AA01 COLUMBUS
012 C02AA01 OH
012 C03AA01 43219
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
014 A00AA01 SUNTRUST EQUITABLE SECURITIES
014 B00AA01 8-00000
014 A00AA02 EQUITABLE TRUST COMPANY
014 B00AA02 8-00000
015 A00AA01 UNION BANK OF CALIFORNIA
015 B00AA01 C
015 C01AA01 SAN FRANCISCO
015 C02AA01 CA
015 C03AA01 94111
015 E04AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 INSTINET
020 B000001 13-3443395
020 C000001 66
020 A000002 SUNTRUST EQUITABLE SECURITIES
020 B000002 62-0871146
020 C000002 62
020 A000003 ALEX BROWN
020 B000003 52-1319768
020 C000003 32
020 A000004 JEFFERIES & CO.
020 B000004 95-2622900
020 C000004 27
020 A000005 SALOMON SMITH BARNEY
020 B000005 11-2418191
020 C000005 26
020 A000006 MERRILL LYNCH
020 B000006 13-5674085
020 C000006 24
020 A000007 BEAR STEARNS
020 B000007 13-3299429
<PAGE> PAGE 3
020 C000007 17
020 A000008 STEPHENS INC.
020 B000008 94-2524501
020 C000008 16
020 A000009 FISERV CORRESPONDENT SERVICES INC.
020 B000009 84-1181516
020 C000009 16
020 A000010 DONALDSON, LUFKIN & JENRETTE
020 B000010 13-2741729
020 C000010 15
021 000000 497
022 A000001 INVESTORS FIDUCIARY TRUST CO.
022 B000001 43-0995254
022 C000001 445397
022 D000001 0
022 A000002 UNION BANK OF CALIFORNIA
022 B000002 94-0304228
022 C000002 173326
022 D000002 167389
022 A000003 SALOMON SMITH BARNEY
022 B000003 11-2418191
022 C000003 14613
022 D000003 12945
022 A000004 ADAMS HARKNESS
022 B000004 04-2149932
022 C000004 8188
022 D000004 5767
022 A000005 CHASE
022 B000005 36-2669970
022 C000005 9897
022 D000005 1164
022 A000006 BANC OF AMERICA SECURITIES
022 B000006 56-2058405
022 C000006 7724
022 D000006 3138
022 A000007 J.C. BRADFORD
022 B000007 62-0136910
022 C000007 3371
022 D000007 3146
022 A000008 ROBINSON HUMPHREY
022 B000008 58-1472560
022 C000008 3651
022 D000008 2674
022 A000009 PIPER JAFFRAY
022 B000009 41-0953246
022 C000009 1793
022 D000009 3319
022 A000010 FISERV CORRESPONDENT SERVICES
022 B000010 84-1181516
022 C000010 3426
022 D000010 1254
<PAGE> PAGE 4
023 C000000 717512
023 D000000 258590
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
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
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
<PAGE> PAGE 5
077 Q010000 Y
078 000000 N
080 A00AA00 RELIANCE INSURANCE COMPANY
080 C00AA00 750
081 A00AA00 N
081 B00AA00 0
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
024 000100 N
028 A010100 13
028 A020100 81
028 A030100 0
028 A040100 14978
028 B010100 294
028 B020100 69
028 B030100 0
028 B040100 205
028 C010100 147
028 C020100 143
028 C030100 0
028 C040100 45
028 D010100 115
028 D020100 32
028 D030100 0
028 D040100 42
028 E010100 96
028 E020100 37
028 E030100 0
028 E040100 197
028 F010100 -13
028 F020100 41
028 F030100 0
028 F040100 100
<PAGE> PAGE 6
028 G010100 652
028 G020100 403
028 G030100 0
028 G040100 15567
028 H000100 349
029 000100 Y
030 A000100 8
030 B000100 4.50
030 C000100 0.00
031 A000100 1
031 B000100 0
032 000100 7
033 000100 0
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 100
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 45
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 1.000
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
<PAGE> PAGE 7
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
055 A000100 Y
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 1000
062 A000100 Y
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 12.1
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 83.7
062 Q000100 0.0
062 R000100 2.7
063 A000100 0
063 B000100 3.4
064 A000100 N
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 Y
070 E020100 N
<PAGE> PAGE 8
070 F010100 N
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 Y
070 O010100 N
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 12434
071 B000100 26262
071 C000100 13073
071 D000100 95
072 A000100 12
072 B000100 1149
072 C000100 25
072 D000100 0
072 E000100 0
072 F000100 167
072 G000100 25
072 H000100 0
072 I000100 25
072 J000100 6
072 K000100 0
072 L000100 5
072 M000100 2
072 N000100 14
072 O000100 0
072 P000100 0
072 Q000100 37
072 R000100 16
072 S000100 6
072 T000100 45
072 U000100 9
<PAGE> PAGE 9
072 V000100 0
072 W000100 19
072 X000100 376
072 Y000100 53
072 Z000100 852
072AA000100 58
072BB000100 0
072CC010100 0
072CC020100 194
072DD010100 836
072DD020100 36
072EE000100 114
073 A010100 0.6200
073 A020100 0.5100
073 B000100 0.1500
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 940
074 D000100 6516
074 E000100 208
074 F000100 1
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 192
074 M000100 6
074 N000100 7863
074 O000100 0
074 P000100 24
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 60
074 S000100 0
074 T000100 7779
074 U010100 740
074 U020100 56
074 V010100 9.77
074 V020100 9.84
074 W000100 0.0000
074 X000100 127
074 Y000100 0
075 A000100 0
075 B000100 16686
076 000100 0.00
024 000200 N
028 A010200 9
<PAGE> PAGE 10
028 A020200 0
028 A030200 0
028 A040200 565
028 B010200 247
028 B020200 0
028 B030200 0
028 B040200 2308
028 C010200 212
028 C020200 776
028 C030200 0
028 C040200 281
028 D010200 188
028 D020200 0
028 D030200 0
028 D040200 672
028 E010200 153
028 E020200 0
028 E030200 0
028 E040200 575
028 F010200 -4
028 F020200 0
028 F030200 0
028 F040200 372
028 G010200 805
028 G020200 776
028 G030200 0
028 G040200 4773
028 H000200 551
029 000200 Y
030 A000200 12
030 B000200 4.50
030 C000200 0.00
031 A000200 1
031 B000200 0
032 000200 11
033 000200 0
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 100
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 43
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 1.000
048 A010200 0
<PAGE> PAGE 11
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
055 A000200 Y
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 1000
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
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
<PAGE> PAGE 12
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 Y
069 000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 Y
070 O010200 N
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
<PAGE> PAGE 13
070 R010200 Y
070 R020200 N
071 A000200 14517
071 B000200 19576
071 C000200 11821
071 D000200 123
072 A000200 12
072 B000200 36
072 C000200 216
072 D000200 0
072 E000200 0
072 F000200 126
072 G000200 19
072 H000200 0
072 I000200 26
072 J000200 33
072 K000200 0
072 L000200 3
072 M000200 1
072 N000200 9
072 O000200 0
072 P000200 0
072 Q000200 40
072 R000200 14
072 S000200 2
072 T000200 43
072 U000200 8
072 V000200 0
072 W000200 7
072 X000200 331
072 Y000200 13
072 Z000200 -67
072AA000200 1025
072BB000200 0
072CC010200 0
072CC020200 1842
072DD010200 0
072DD020200 0
072EE000200 905
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.9400
073 C000200 0.0000
074 A000200 7
074 B000200 0
074 C000200 48
074 D000200 0
074 E000200 223
074 F000200 8966
074 G000200 0
074 H000200 0
<PAGE> PAGE 14
074 I000200 0
074 J000200 623
074 K000200 0
074 L000200 40
074 M000200 7
074 N000200 9914
074 O000200 0
074 P000200 28
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 190
074 S000200 0
074 T000200 9696
074 U010200 727
074 U020200 180
074 V010200 10.75
074 V020200 10.45
074 W000200 0.0000
074 X000200 307
074 Y000200 0
075 A000200 0
075 B000200 12537
076 000200 0.00
024 000300 Y
025 A000301 MERRILL LYNCH
025 B000301 13-5674085
025 C000301 D
025 D000301 2500
025 A000302 DELETE
025 D000302 0
025 A000303 DELETE
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 301
028 A020300 0
028 A030300 0
028 A040300 4555
028 B010300 2198
028 B020300 0
028 B030300 0
028 B040300 2367
028 C010300 268
028 C020300 3124
028 C030300 0
028 C040300 2437
<PAGE> PAGE 15
028 D010300 725
028 D020300 0
028 D030300 0
028 D040300 3319
028 E010300 380
028 E020300 0
028 E030300 0
028 E040300 3845
028 F010300 142
028 F020300 0
028 F030300 0
028 F040300 7872
028 G010300 4014
028 G020300 3124
028 G030300 0
028 G040300 24395
028 H000300 1124
029 000300 Y
030 A000300 32
030 B000300 4.50
030 C000300 0.00
031 A000300 3
031 B000300 0
032 000300 29
033 000300 0
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 100
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 456
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 1.000
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
<PAGE> PAGE 16
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 N
060 B000300 N
061 000300 1000
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
<PAGE> PAGE 17
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 Y
070 O010300 N
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 61806
071 B000300 68685
071 C000300 108619
071 D000300 57
072 A000300 12
072 B000300 763
072 C000300 741
072 D000300 0
072 E000300 63
072 F000300 1253
072 G000300 188
<PAGE> PAGE 18
072 H000300 0
072 I000300 197
072 J000300 17
072 K000300 0
072 L000300 49
072 M000300 22
072 N000300 40
072 O000300 0
072 P000300 0
072 Q000300 35
072 R000300 15
072 S000300 42
072 T000300 456
072 U000300 11
072 V000300 0
072 W000300 61
072 X000300 2386
072 Y000300 0
072 Z000300 -818
072AA000300 2509
072BB000300 0
072CC010300 0
072CC020300 42489
072DD010300 0
072DD020300 0
072EE000300 3369
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.5100
073 C000300 0.0000
074 A000300 0
074 B000300 9968
074 C000300 6680
074 D000300 0
074 E000300 0
074 F000300 93633
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 205
074 K000300 0
074 L000300 47
074 M000300 1
074 N000300 110534
074 O000300 727
074 P000300 159
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 12833
<PAGE> PAGE 19
074 S000300 0
074 T000300 96815
074 U010300 4505
074 U020300 1357
074 V010300 16.59
074 V020300 16.26
074 W000300 0.0000
074 X000300 3930
074 Y000300 0
075 A000300 0
075 B000300 125112
076 000300 0.00
024 000400 Y
025 A000401 UNION BANK OF CALIFORNIA
025 B000401 94-0304228
025 C000401 E
025 D000401 123
025 A000402 MERRILL LYNCH
025 B000402 13-5674085
025 C000402 E
025 D000402 133
025 A000403 BEAR STEARNS
025 B000403 13-3299429
025 C000403 E
025 D000403 103
025 A000404 INVESTMENT TECHNOLOGY GROUP
025 C000404 E
025 D000404 203
025 A000405 LEHMAN BROTHERS
025 B000405 13-2518466
025 C000405 E
025 D000405 90
025 A000406 DELETE
025 D000406 0
025 A000407 DELETE
025 D000407 0
025 D000408 0
028 A010400 59
028 A020400 0
028 A030400 0
028 A040400 779
028 B010400 298
028 B020400 0
028 B030400 0
028 B040400 1338
028 C010400 304
028 C020400 3288
028 C030400 0
028 C040400 1022
028 D010400 390
028 D020400 0
<PAGE> PAGE 20
028 D030400 0
028 D040400 1962
028 E010400 535
028 E020400 0
028 E030400 0
028 E040400 1275
028 F010400 80
028 F020400 0
028 F030400 0
028 F040400 1980
028 G010400 1666
028 G020400 3288
028 G030400 0
028 G040400 8356
028 H000400 918
029 000400 Y
030 A000400 21
030 B000400 4.50
030 C000400 0.00
031 A000400 2
031 B000400 0
032 000400 18
033 000400 0
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 100
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 110
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 1.000
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
<PAGE> PAGE 21
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 1000
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
<PAGE> PAGE 22
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 Y
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 Y
070 O010400 N
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 28968
071 B000400 35690
071 C000400 30323
071 D000400 96
072 A000400 12
072 B000400 80
072 C000400 389
072 D000400 0
072 E000400 11
072 F000400 319
072 G000400 48
<PAGE> PAGE 23
072 H000400 0
072 I000400 41
072 J000400 6
072 K000400 0
072 L000400 15
072 M000400 3
072 N000400 8
072 O000400 0
072 P000400 0
072 Q000400 36
072 R000400 15
072 S000400 10
072 T000400 110
072 U000400 8
072 V000400 0
072 W000400 25
072 X000400 654
072 Y000400 2
072 Z000400 -172
072AA000400 1117
072BB000400 0
072CC010400 0
072CC020400 9813
072DD010400 0
072DD020400 0
072EE000400 3454
073 A010400 0.0000
073 A020400 0.0000
073 B000400 1.5100
073 C000400 0.0000
074 A000400 0
074 B000400 1586
074 C000400 572
074 D000400 0
074 E000400 0
074 F000400 23071
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 246
074 K000400 0
074 L000400 40
074 M000400 7
074 N000400 25522
074 O000400 529
074 P000400 47
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 1630
<PAGE> PAGE 24
074 S000400 0
074 T000400 23316
074 U010400 1763
074 U020400 420
074 V010400 10.73
074 V020400 10.47
074 W000400 0.0000
074 X000400 819
074 Y000400 0
075 A000400 0
075 B000400 31811
076 000400 0.00
024 000500 N
028 A010500 691
028 A020500 0
028 A030500 0
028 A040500 839
028 B010500 1133
028 B020500 0
028 B030500 0
028 B040500 421
028 C010500 1982
028 C020500 0
028 C030500 0
028 C040500 1570
028 D010500 785
028 D020500 0
028 D030500 0
028 D040500 448
028 E010500 1114
028 E020500 0
028 E030500 0
028 E040500 1243
028 F010500 593
028 F020500 0
028 F030500 0
028 F040500 1897
028 G010500 6298
028 G020500 0
028 G030500 0
028 G040500 6418
028 H000500 3779
029 000500 Y
030 A000500 103
030 B000500 4.50
030 C000500 0.00
031 A000500 13
031 B000500 0
032 000500 90
033 000500 0
042 A000500 0
<PAGE> PAGE 25
042 B000500 0
042 C000500 0
042 D000500 100
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 121
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 1.250
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 1000
<PAGE> PAGE 26
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
063 A000500 0
063 B000500 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
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 N
<PAGE> PAGE 27
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 Y
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 26210
071 B000500 15159
071 C000500 26066
071 D000500 58
072 A000500 12
072 B000500 221
072 C000500 114
072 D000500 0
072 E000500 13
072 F000500 383
072 G000500 46
072 H000500 0
072 I000500 82
072 J000500 6
072 K000500 0
072 L000500 12
072 M000500 3
072 N000500 10
072 O000500 0
072 P000500 0
072 Q000500 33
072 R000500 12
072 S000500 10
072 T000500 121
072 U000500 0
072 V000500 0
072 W000500 22
072 X000500 740
072 Y000500 83
072 Z000500 -310
072AA000500 0
072BB000500 2811
072CC010500 0
072CC020500 8261
072DD010500 0
<PAGE> PAGE 28
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 3771
074 C000500 979
074 D000500 0
074 E000500 0
074 F000500 26912
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 8
074 M000500 9
074 N000500 31679
074 O000500 263
074 P000500 50
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 3853
074 S000500 0
074 T000500 27513
074 U010500 2090
074 U020500 781
074 V010500 9.61
074 V020500 9.52
074 W000500 0.0000
074 X000500 2475
074 Y000500 0
075 A000500 0
075 B000500 30610
076 000500 0.00
024 000600 N
028 A010600 18
028 A020600 0
028 A030600 0
028 A040600 651
028 B010600 90
028 B020600 0
028 B030600 0
028 B040600 886
028 C010600 12
028 C020600 256
028 C030600 0
<PAGE> PAGE 29
028 C040600 841
028 D010600 28
028 D020600 0
028 D030600 0
028 D040600 1106
028 E010600 1
028 E020600 0
028 E030600 0
028 E040600 4726
028 F010600 0
028 F020600 0
028 F030600 0
028 F040600 4160
028 G010600 149
028 G020600 256
028 G030600 0
028 G040600 12370
028 H000600 124
029 000600 Y
030 A000600 4
030 B000600 0.00
030 C000600 0.00
031 A000600 0
031 B000600 0
032 000600 4
033 000600 0
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 100
042 E000600 0
042 F000600 0
042 G000600 0
042 H000600 0
043 000600 47
044 000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 1.250
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
<PAGE> PAGE 30
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 Y
053 B000600 Y
053 C000600 N
055 A000600 Y
055 B000600 N
056 000600 Y
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 N
060 B000600 N
061 000600 1000
062 A000600 N
062 B000600 0.0
062 C000600 0.0
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
063 A000600 0
063 B000600 0.0
066 A000600 Y
066 B000600 N
066 C000600 Y
066 D000600 N
<PAGE> PAGE 31
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 N
070 K010600 Y
070 K020600 Y
070 L010600 Y
070 L020600 N
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600 7691
071 B000600 5174
071 C000600 10397
071 D000600 74
072 A000600 12
072 B000600 138
072 C000600 99
072 D000600 0
<PAGE> PAGE 32
072 E000600 2
072 F000600 160
072 G000600 19
072 H000600 0
072 I000600 25
072 J000600 4
072 K000600 0
072 L000600 5
072 M000600 1
072 N000600 19
072 O000600 0
072 P000600 0
072 Q000600 30
072 R000600 8
072 S000600 3
072 T000600 47
072 U000600 0
072 V000600 0
072 W000600 28
072 X000600 349
072 Y000600 78
072 Z000600 -32
072AA000600 0
072BB000600 3742
072CC010600 0
072CC020600 1384
072DD010600 8
072DD020600 0
072EE000600 198
073 A010600 0.0080
073 A020600 0.0000
073 B000600 0.2000
073 C000600 0.0000
074 A000600 0
074 B000600 0
074 C000600 0
074 D000600 0
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 0
074 M000600 0
074 N000600 0
074 O000600 0
074 P000600 0
074 Q000600 0
074 R010600 0
<PAGE> PAGE 33
074 R020600 0
074 R030600 0
074 R040600 0
074 S000600 0
074 T000600 0
074 U010600 0
074 U020600 0
074 V010600 0.00
074 V020600 0.00
074 W000600 0.0000
074 X000600 0
074 Y000600 0
075 A000600 0
075 B000600 12764
076 000600 0.00
SIGNATURE DARLA BALL
TITLE SUPERVISOR
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 011
<NAME> ESC STRATEGIC INCOME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 7666404
<INVESTMENTS-AT-VALUE> 7665102
<RECEIVABLES> 191515
<ASSETS-OTHER> 6198
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7862815
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 84369
<TOTAL-LIABILITIES> 84369
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7831835
<SHARES-COMMON-STOCK> 740072<F1>
<SHARES-COMMON-PRIOR> 2187766<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 52883
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1302)
<NET-ASSETS> 7778446
<DIVIDEND-INCOME> 25010
<INTEREST-INCOME> 1149476
<OTHER-INCOME> 0
<EXPENSES-NET> 322727
<NET-INVESTMENT-INCOME> 851759
<REALIZED-GAINS-CURRENT> 57784
<APPREC-INCREASE-CURRENT> (193923)
<NET-CHANGE-FROM-OPS> (715620)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 759547<F1>
<DISTRIBUTIONS-OF-GAINS> 104773<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 926359<F1>
<NUMBER-OF-SHARES-REDEEMED> 18743090<F1>
<SHARES-REINVESTED> 894208<F1>
<NET-CHANGE-IN-ASSETS> (17457788)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 850222
<OVERDISTRIB-NII-PRIOR> 174854
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 167336
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 376200
<AVERAGE-NET-ASSETS> 15962778<F1>
<PER-SHARE-NAV-BEGIN> 9.99<F1>
<PER-SHARE-NII> 0.51<F1>
<PER-SHARE-GAIN-APPREC> 0.04<F1>
<PER-SHARE-DIVIDEND> 0.57<F1>
<PER-SHARE-DISTRIBUTIONS> 0.15<F1>
<RETURNS-OF-CAPITAL> 0.05<F1>
<PER-SHARE-NAV-END> 9.77<F1>
<EXPENSE-RATIO> 1.91<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 012
<NAME> ESC STRATEGIC INCOME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 7666404
<INVESTMENTS-AT-VALUE> 7665102
<RECEIVABLES> 191515
<ASSETS-OTHER> 6198
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7862815
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 84369
<TOTAL-LIABILITIES> 84369
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7831835
<SHARES-COMMON-STOCK> 55694<F1>
<SHARES-COMMON-PRIOR> 67929<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 52883
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1302)
<NET-ASSETS> 7778446
<DIVIDEND-INCOME> 25010
<INTEREST-INCOME> 1149476
<OTHER-INCOME> 0
<EXPENSES-NET> 322727
<NET-INVESTMENT-INCOME> 851759
<REALIZED-GAINS-CURRENT> 57784
<APPREC-INCREASE-CURRENT> (193923)
<NET-CHANGE-FROM-OPS> (715620)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 32600<F1>
<DISTRIBUTIONS-OF-GAINS> 9574<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 155831<F1>
<NUMBER-OF-SHARES-REDEEMED> 460910<F1>
<SHARES-REINVESTED> 40511<F1>
<NET-CHANGE-IN-ASSETS> (17457788)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 850222
<OVERDISTRIB-NII-PRIOR> 174854
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 167336
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 376200
<AVERAGE-NET-ASSETS> 722908<F1>
<PER-SHARE-NAV-BEGIN> 9.99<F1>
<PER-SHARE-NII> 0.50<F1>
<PER-SHARE-GAIN-APPREC> 0.01<F1>
<PER-SHARE-DIVIDEND> 0.46<F1>
<PER-SHARE-DISTRIBUTIONS> 0.15<F1>
<RETURNS-OF-CAPITAL> 0.05<F1>
<PER-SHARE-NAV-END> 9.84<F1>
<EXPENSE-RATIO> 2.44<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class D Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 021
<NAME> ESC STRATEGIC INTERNATIONAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 7791483
<INVESTMENTS-AT-VALUE> 9236750
<RECEIVABLES> 663046
<ASSETS-OTHER> 14471
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 9914267
<PAYABLE-FOR-SECURITIES> 176197
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 42227
<TOTAL-LIABILITIES> 218424
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7450154
<SHARES-COMMON-STOCK> 727019<F1>
<SHARES-COMMON-PRIOR> 988484<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 26128
<ACCUMULATED-NET-GAINS> 822727
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1448183
<NET-ASSETS> 9695843
<DIVIDEND-INCOME> 216458
<INTEREST-INCOME> 35505
<OTHER-INCOME> 0
<EXPENSES-NET> 318497
<NET-INVESTMENT-INCOME> (66534)
<REALIZED-GAINS-CURRENT> 1024996
<APPREC-INCREASE-CURRENT> (1842011)
<NET-CHANGE-FROM-OPS> (883549)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 712147<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 1144165<F1>
<NUMBER-OF-SHARES-REDEEMED> 5735950<F1>
<SHARES-REINVESTED> 582876<F1>
<NET-CHANGE-IN-ASSETS> (6366125)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2680000
<OVERDISTRIB-NII-PRIOR> 56826
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 125548
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 331288
<AVERAGE-NET-ASSETS> 10207782<F1>
<PER-SHARE-NAV-BEGIN> 12.06<F1>
<PER-SHARE-NII> (0.06)<F1>
<PER-SHARE-GAIN-APPREC> (0.31)<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> .94<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 10.75<F1>
<EXPENSE-RATIO> 2.45<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 022
<NAME> ESC STRATEGIC INTERNATIONAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 7791483
<INVESTMENTS-AT-VALUE> 9236750
<RECEIVABLES> 663046
<ASSETS-OTHER> 14471
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 9914267
<PAYABLE-FOR-SECURITIES> 176197
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 42227
<TOTAL-LIABILITIES> 218424
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7450154
<SHARES-COMMON-STOCK> 179858<F1>
<SHARES-COMMON-PRIOR> 219971<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 26128
<ACCUMULATED-NET-GAINS> 822727
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1448183
<NET-ASSETS> 9695843
<DIVIDEND-INCOME> 216458
<INTEREST-INCOME> 35505
<OTHER-INCOME> 0
<EXPENSES-NET> 318497
<NET-INVESTMENT-INCOME> (66534)
<REALIZED-GAINS-CURRENT> 1024996
<APPREC-INCREASE-CURRENT> (1842011)
<NET-CHANGE-FROM-OPS> (883549)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 192848<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 124302<F1>
<NUMBER-OF-SHARES-REDEEMED> 885822<F1>
<SHARES-REINVESTED> 192848<F1>
<NET-CHANGE-IN-ASSETS> (6366125)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2680000
<OVERDISTRIB-NII-PRIOR> 56826
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 125548
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 331288
<AVERAGE-NET-ASSETS> 2329559<F1>
<PER-SHARE-NAV-BEGIN> 11.81<F1>
<PER-SHARE-NII> (.16)<F1>
<PER-SHARE-GAIN-APPREC> (.26)<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> .94<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 10.45<F1>
<EXPENSE-RATIO> 2.95<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class D Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 031
<NAME> ESC STRATEGIC SMALL CAP FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 113770637
<INVESTMENTS-AT-VALUE> 110281091
<RECEIVABLES> 251827
<ASSETS-OTHER> 801
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 110533719
<PAYABLE-FOR-SECURITIES> 727030
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12991768
<TOTAL-LIABILITIES> 13718798
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 97789821
<SHARES-COMMON-STOCK> 4504805<F1>
<SHARES-COMMON-PRIOR> 5338747<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2508784
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3489546)
<NET-ASSETS> 96814921
<DIVIDEND-INCOME> 741330
<INTEREST-INCOME> 763213
<OTHER-INCOME> 63322
<EXPENSES-NET> 2385765
<NET-INVESTMENT-INCOME> (817900)
<REALIZED-GAINS-CURRENT> 2508888
<APPREC-INCREASE-CURRENT> (42488775)
<NET-CHANGE-FROM-OPS> (40797787)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 2603327<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 8371667<F1>
<NUMBER-OF-SHARES-REDEEMED> 28936985<F1>
<SHARES-REINVESTED> 2359265<F1>
<NET-CHANGE-IN-ASSETS> (57856716)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2644322
<OVERDISTRIB-NII-PRIOR> 423858
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1252991
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2385765
<AVERAGE-NET-ASSETS> 96628554<F1>
<PER-SHARE-NAV-BEGIN> 22.81<F1>
<PER-SHARE-NII> (0.12)<F1>
<PER-SHARE-GAIN-APPREC> (5.59)<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> 0.51<F1>
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.59<F1>
<EXPENSE-RATIO> 1.79<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 032
<NAME> ESC STRATEGIC SMALL CAP FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 113770637
<INVESTMENTS-AT-VALUE> 110281091
<RECEIVABLES> 251827
<ASSETS-OTHER> 801
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 110533719
<PAYABLE-FOR-SECURITIES> 727030
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12991768
<TOTAL-LIABILITIES> 13718798
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 97789821
<SHARES-COMMON-STOCK> 1357437<F1>
<SHARES-COMMON-PRIOR> 1576101<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2508784
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3489546)
<NET-ASSETS> 96814921
<DIVIDEND-INCOME> 741330
<INTEREST-INCOME> 763213
<OTHER-INCOME> 63322
<EXPENSES-NET> 2385765
<NET-INVESTMENT-INCOME> (817900)
<REALIZED-GAINS-CURRENT> 2508888
<APPREC-INCREASE-CURRENT> (42488775)
<NET-CHANGE-FROM-OPS> (40797787)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 765335<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 1473645<F1>
<NUMBER-OF-SHARES-REDEEMED> 3181883<F1>
<SHARES-REINVESTED> 764367<F1>
<NET-CHANGE-IN-ASSETS> (57856716)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2644322
<OVERDISTRIB-NII-PRIOR> 423858
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1252991
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2385765
<AVERAGE-NET-ASSETS> 28483222<F1>
<PER-SHARE-NAV-BEGIN> 22.50<F1>
<PER-SHARE-NII> (0.22)<F1>
<PER-SHARE-GAIN-APPREC> (5.51)<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> 0.51<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 16.26<F1>
<EXPENSE-RATIO> 2.29<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class D Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 041
<NAME> ESC STRATEGIC APPRECIATION FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 23200213
<INVESTMENTS-AT-VALUE> 25229598
<RECEIVABLES> 285943
<ASSETS-OTHER> 4356
<OTHER-ITEMS-ASSETS> 2093
<TOTAL-ASSETS> 25521990
<PAYABLE-FOR-SECURITIES> 528455
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1677142
<TOTAL-LIABILITIES> 2205597
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20167910
<SHARES-COMMON-STOCK> 1762710<F1>
<SHARES-COMMON-PRIOR> 1978674<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1116915
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2029385
<NET-ASSETS> 23316393
<DIVIDEND-INCOME> 388643
<INTEREST-INCOME> 80019
<OTHER-INCOME> 10606
<EXPENSES-NET> 651620
<NET-INVESTMENT-INCOME> (172352)
<REALIZED-GAINS-CURRENT> 1116912
<APPREC-INCREASE-CURRENT> (9813011)
<NET-CHANGE-FROM-OPS> (8868451)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 2762177<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 2982123<F1>
<NUMBER-OF-SHARES-REDEEMED> 10175152<F1>
<SHARES-REINVESTED> 2596704<F1>
<NET-CHANGE-IN-ASSETS> (11975137)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 7076924
<OVERDISTRIB-NII-PRIOR> 75555
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 318584
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 653875
<AVERAGE-NET-ASSETS> 25675731<F1>
<PER-SHARE-NAV-BEGIN> 15.80<F1>
<PER-SHARE-NII> (0.06)<F1>
<PER-SHARE-GAIN-APPREC> (3.50)<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> 1.51<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 10.73<F1>
<EXPENSE-RATIO> 1.95<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 042
<NAME> ESC STRATEGIC APPRECIATION FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 23200213
<INVESTMENTS-AT-VALUE> 25229598
<RECEIVABLES> 285943
<ASSETS-OTHER> 4356
<OTHER-ITEMS-ASSETS> 2093
<TOTAL-ASSETS> 25521990
<PAYABLE-FOR-SECURITIES> 528455
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1677142
<TOTAL-LIABILITIES> 2205597
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20167910
<SHARES-COMMON-STOCK> 420184<F1>
<SHARES-COMMON-PRIOR> 483086<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1116915
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2029385
<NET-ASSETS> 23316393
<DIVIDEND-INCOME> 388643
<INTEREST-INCOME> 80019
<OTHER-INCOME> 10606
<EXPENSES-NET> 651620
<NET-INVESTMENT-INCOME> (172352)
<REALIZED-GAINS-CURRENT> 1116912
<APPREC-INCREASE-CURRENT> (9813011)
<NET-CHANGE-FROM-OPS> (8868451)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 692033<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 1227616<F1>
<NUMBER-OF-SHARES-REDEEMED> 2462053<F1>
<SHARES-REINVESTED> 691921<F1>
<NET-CHANGE-IN-ASSETS> (11975137)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 7076924
<OVERDISTRIB-NII-PRIOR> 75555
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 318584
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 653875
<AVERAGE-NET-ASSETS> 6134831<F1>
<PER-SHARE-NAV-BEGIN> 15.54<F1>
<PER-SHARE-NII> (0.15)<F1>
<PER-SHARE-GAIN-APPREC> (3.41)<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> 1.51<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 10.47<F1>
<EXPENSE-RATIO> 2.45<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class D Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 051
<NAME> ESC STRATEGIC SMALL CAP II FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 36087680
<INVESTMENTS-AT-VALUE> 31662385
<RECEIVABLES> 8036
<ASSETS-OTHER> 8643
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31679064
<PAYABLE-FOR-SECURITIES> 263377
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3903133
<TOTAL-LIABILITIES> 4166510
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35194801
<SHARES-COMMON-STOCK> 2090287<F1>
<SHARES-COMMON-PRIOR> 2040409<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 3259824
<ACCUM-APPREC-OR-DEPREC> (4425295)
<NET-ASSETS> 27512554
<DIVIDEND-INCOME> 113811
<INTEREST-INCOME> 220516
<OTHER-INCOME> 13279
<EXPENSES-NET> 657231
<NET-INVESTMENT-INCOME> (309625)
<REALIZED-GAINS-CURRENT> (2810903)
<APPREC-INCREASE-CURRENT> (8261391)
<NET-CHANGE-FROM-OPS> (11381919)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 14824338<F1>
<NUMBER-OF-SHARES-REDEEMED> 6663800<F1>
<SHARES-REINVESTED> 0<F1>
<NET-CHANGE-IN-ASSETS> (2118645)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 126971
<OVERDIST-NET-GAINS-PRIOR> 1118690
<GROSS-ADVISORY-FEES> 382702
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 740074
<AVERAGE-NET-ASSETS> 21710119<F1>
<PER-SHARE-NAV-BEGIN> 13.68<F1>
<PER-SHARE-NII> (0.09)<F1>
<PER-SHARE-GAIN-APPREC> (3.98)<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> 0<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 9.61<F1>
<EXPENSE-RATIO> 2.00<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 052
<NAME> ESC STRATEGIC SMALL CAP II FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 36087680
<INVESTMENTS-AT-VALUE> 31662385
<RECEIVABLES> 8036
<ASSETS-OTHER> 8643
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31679064
<PAYABLE-FOR-SECURITIES> 263377
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3903133
<TOTAL-LIABILITIES> 4166510
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35194801
<SHARES-COMMON-STOCK> 781351<F1>
<SHARES-COMMON-PRIOR> 856834<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 3259824
<ACCUM-APPREC-OR-DEPREC> (4425295)
<NET-ASSETS> 27512554
<DIVIDEND-INCOME> 113811
<INTEREST-INCOME> 220516
<OTHER-INCOME> 13279
<EXPENSES-NET> 657231
<NET-INVESTMENT-INCOME> (309625)
<REALIZED-GAINS-CURRENT> (2810903)
<APPREC-INCREASE-CURRENT> (8261391)
<NET-CHANGE-FROM-OPS> (11381919)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 4282060<F1>
<NUMBER-OF-SHARES-REDEEMED> 3179324<F1>
<SHARES-REINVESTED> 0<F1>
<NET-CHANGE-IN-ASSETS> (2118645)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 126971
<OVERDIST-NET-GAINS-PRIOR> 1118690
<GROSS-ADVISORY-FEES> 382702
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 740074
<AVERAGE-NET-ASSETS> 8900239<F1>
<PER-SHARE-NAV-BEGIN> 13.61<F1>
<PER-SHARE-NII> (0.16)<F1>
<PER-SHARE-GAIN-APPREC> (3.93)<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> 0<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 9.52<F1>
<EXPENSE-RATIO> 2.50<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class D Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 061
<NAME> ESC STRATEGIC VALUE FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 8189
<ASSETS-OTHER> 79035
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 87224
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86928
<TOTAL-LIABILITIES> 86928
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3848331
<SHARES-COMMON-STOCK> 0<F1>
<SHARES-COMMON-PRIOR> 1199696<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 32301
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 3817327
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 99218
<INTEREST-INCOME> 139591
<OTHER-INCOME> 0
<EXPENSES-NET> 271111
<NET-INVESTMENT-INCOME> (32301)
<REALIZED-GAINS-CURRENT> (3742300)
<APPREC-INCREASE-CURRENT> (1383793)
<NET-CHANGE-FROM-OPS> (5158394)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 8043<F1>
<DISTRIBUTIONS-OF-GAINS> 197622<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 138853<F1>
<NUMBER-OF-SHARES-REDEEMED> 1362609<F1>
<SHARES-REINVESTED> 3961<F1>
<NET-CHANGE-IN-ASSETS> (12887444)
<ACCUMULATED-NII-PRIOR> 8043
<ACCUMULATED-GAINS-PRIOR> 179921
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 160087
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 348849
<AVERAGE-NET-ASSETS> 9708938<F1>
<PER-SHARE-NAV-BEGIN> 11.51<F1>
<PER-SHARE-NII> 0<F1>
<PER-SHARE-GAIN-APPREC> (3.55)<F1>
<PER-SHARE-DIVIDEND> 0.20<F1>
<PER-SHARE-DISTRIBUTIONS> 0<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 0<F1>
<EXPENSE-RATIO> 1.99<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000915388
<NAME> ESC STRATEGIC FUNDS
<SERIES>
<NUMBER> 062
<NAME> ESC STRATEGIC VALUE FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1999
<PERIOD-START> APR-01-1998
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 8189
<ASSETS-OTHER> 79035
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 87224
<PAYABLE-FOR-SECURITIES> 06928
<SENIOR-LONG-TERM-DEBT> 06928
<OTHER-ITEMS-LIABILITIES> 86928
<TOTAL-LIABILITIES> 8692831
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3848331
<SHARES-COMMON-STOCK> 0<F1>
<SHARES-COMMON-PRIOR> 392807<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 32301
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 3817327
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 99218
<INTEREST-INCOME> 139591
<OTHER-INCOME> 0
<EXPENSES-NET> 271111
<NET-INVESTMENT-INCOME> (32301)
<REALIZED-GAINS-CURRENT> (3742300)
<APPREC-INCREASE-CURRENT> (1383793)
<NET-CHANGE-FROM-OPS> (5158394)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 57326<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 46314<F1>
<NUMBER-OF-SHARES-REDEEMED> 446103<F1>
<SHARES-REINVESTED> 6982<F1>
<NET-CHANGE-IN-ASSETS> (12887444)
<ACCUMULATED-NII-PRIOR> 8043
<ACCUMULATED-GAINS-PRIOR> 179921
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 160087
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 348849
<AVERAGE-NET-ASSETS> 3054878<F1>
<PER-SHARE-NAV-BEGIN> 11.47<F1>
<PER-SHARE-NII> 0<F1>
<PER-SHARE-GAIN-APPREC> (3.48)<F1>
<PER-SHARE-DIVIDEND> 0.20<F1>
<PER-SHARE-DISTRIBUTIONS> 0<F1>
<RETURNS-OF-CAPITAL> 0<F1>
<PER-SHARE-NAV-END> 0<F1>
<EXPENSE-RATIO> 2.49<F1>
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
<FN>
<F1>Class D Shares
</FN>
</TABLE>
Report of Independent Accountants
To the Trustees of ESC Strategic Funds:
In planning and performing our audits of the
financial statements of ESC Strategic for the
year ended March 31, 1999, we considered
its internal control, including controls over
safeguarding securities, in order to determine
our auditing procedures for the purpose of
expressing our opinion on the financial
statements and to comply with the
requirements of Form N-SAR, not to
provide assurance on internal control.
The management of ESC Strategic Funds
is responsible for establishing and
maintaining internal control. In fulfilling
this responsibility, estimates and judgements
by management are required to assess the
expected benefits and related costs of controls.
Generally, controls that are relevant to an
audit pertain to the entity's objective of
preparing financial statements for external
purposes that are fairly presented in
conformity with generally accepted
accounting principles. Those controls
include the safeguarding of assets against
unauthorized acquisition, use, or disposition.
Because of inherent limitations in internal
control, errors or irregularities may occur
and may not be detected. Also, projection
of any evaluation of internal control to future
periods is subject to the risk that it may
become inadequate because of changes in
conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of internal control would
not necessarily disclose all matters in internal
control that might be material weaknesses
under standards established by the American
Institute of Certified Public Accountants. A
material weakness is a condition in which
the design or operation of any specific internal
control component does not reduce to a relatively
low level the risk that errors or irregularities in
amounts that would be material in relation to the
financial statements being audited may occur and
not be detected within a timely period by
employees in the normal course of performing
their assigned functions. However, we noted no
matters involving internal control, including
controls over safeguarding securities, that we
consider to be material weaknesses as defined
above as of March 31, 1999.
This report is intended solely for the
information and use of management
and the Trustees of ESC Strategic Funds
and the Securities and Exchange Commission.
PricewaterhouseCoopers LLP
Columbus, Ohio
May 14, 1999
