MENTOR INSTITUTIONAL TRUST
NSAR-B, 1998-08-27
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<PAGE>      PAGE  1
000 B000000 06/30/98
000 C000000 0000921923
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 MENTOR INSTITUTIOANL TRUST
001 B000000 811-8484
001 C000000 8047823294
002 A000000 901 EAST BYRD STREET, RIVERFRONT PLAZA W
002 B000000 RICHMOND
002 C000000 VA
002 D010000 23219
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C020500 SNAP FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 MENTOR INVESTMENT GROUP, LLC
010 C01AA01 RICHMOND
010 C02AA01 VA
010 C03AA01 23219
011 A00AA01 MENTOR DISTRIBUTORS, LLC
011 B00AA01 8-44487
011 C01AA01 COLUMBUS
011 C02AA01 OH
011 C03AA01 43219
013 A00AA01 KPMG PEAT MARWICK
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02108
014 A00AA01 WHEAT, FIRST SECURITIES, INC.
014 B00AA01 8-008877
014 A00AA02 EVEREN SECURITIES, INC.
014 B00AA02 8-a37180
<PAGE>      PAGE  2
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   25
019 C00AA00 MENTORFAMI
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<PAGE>      PAGE  3
022 A000010 BA SECURITIES
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<PAGE>      PAGE  4
081 A00AA00 Y
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008 B000501 A
008 C000501 801-40384
008 D010501 RICHMOND
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008 D030501 23219
012 A000501 BOSTON FINANCIAL DATA SERVICES, INC.
012 B000501 84-0089600
012 C010501 BOSTON
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012 C030501 02108
015 A000501 WACHOVIA BANK
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024  000500 Y
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<PAGE>      PAGE  5
025 D000503   19999
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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070 F020500 N
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070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 N
070 J020500 N
070 K010500 N
070 K020500 N
070 L010500 N
070 L020500 N
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070 M020500 N
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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SIGNATURE   GEOFFREY B SALE                              
TITLE       SECRETARY           
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> SNAP FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUN-30-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                          1077868
<INVESTMENTS-AT-VALUE>                         1077868
<RECEIVABLES>                                     5382
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                               181
<TOTAL-ASSETS>                                 1083431
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           67
<TOTAL-LIABILITIES>                                 67
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1083364
<SHARES-COMMON-STOCK>                          1083364
<SHARES-COMMON-PRIOR>                          1019161
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                   1083364
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                57965
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1153
<NET-INVESTMENT-INCOME>                          56812
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1468606
<NUMBER-OF-SHARES-REDEEMED>                    1487637
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<NET-CHANGE-IN-ASSETS>                           37781
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<EXPENSE-RATIO>                                   0.11
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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