INVENTOR FUNDS INC
NSAR-A, 1995-12-29
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<PAGE>      PAGE  1
000 A000000 10/31/95
000 C000000 0000922281
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 INVENTOR FUNDS
001 B000000 811-8486
001 C000000 6102541000
002 A000000 32 SOUTH STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  7
007 C010100  1
007 C020100 PRIME OBLIGATIONS
007 C030100 N
007 C010200  2
007 C020200 TREASURY SECURITIES
007 C030200 N
007 C010300  3
007 C020300 PENNSYLVANIA TAX EXEMPT
007 C030300 N
007 C010400  4
007 C020400 PENNSYLVANIA MUNICIPAL BOND
007 C030400 N
007 C010500  5
007 C020500 INTERMEDIATE GOVERNMNET SECURITIES
007 C030500 N
007 C010600  6
007 C020600 GNMA SECURITIES
007 C030600 N
007 C010700  7
007 C020700 EQUITY GROWTH
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
012 A00AA01 DST SYSTEMS, INC.
012 B00AA01 84-0000
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64141
<PAGE>      PAGE  2
020 A000001 PAINE WEBBER
020 B000001 13-2760086
020 C000001      8
020 A000002 MERRILL LYNCH
020 B000002 13-5674085
020 C000002      7
020 A000003 PERSHING
020 B000003 13-2741729
020 C000003      7
020 A000004 BEAR STEARNS
020 B000004 13-2975144
020 C000004      5
020 A000005 FIRST BOSTON CORPORATION
020 B000005 13-5659485
020 C000005      5
020 A000006 DONALDSON, LUFKIN, & JENRETTE
020 B000006 13-2741729
020 C000006      5
020 A000007 LEHMAN BROTHERS
020 B000007 13-2927667
020 C000007      4
020 A000008 SHEARSON SMITH BARNEY
020 B000008 13-1912900
020 C000008      4
020 A000009 OPPENHEIMER & CO.
020 B000009 13-2798343
020 C000009      4
020 A000010 INSTINET
020 B000010 13-3443395
020 C000010      3
021  000000       77
022 A000001 LEHMAN BROTHERS
022 B000001 13-2927667
022 C000001   2983336
022 D000001     64981
022 A000002 AUBREY LANSTON
022 B000002 13-5552129
022 C000002   2421236
022 D000002     28331
022 A000003 J.P. MORGAN
022 B000003 13-3224016
022 C000003   2019065
022 D000003     62654
022 A000004 CHASE MANHATTAN
022 B000004 13-6022158
022 C000004    845489
022 D000004         0
022 A000005 DONALDSON, LUFKIN, & JENRETTE
022 B000005 13-2741729
022 C000005    614511
022 D000005     59408
<PAGE>      PAGE  3
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006    128265
022 D000006      9809
022 A000007 MERRILL LYNCH
022 B000007 13-5674085
022 C000007     93811
022 D000007     34369
022 A000008 SALOMON BROTHERS
022 B000008 13-3082694
022 C000008     65301
022 D000008     52151
022 A000009 SMITH BARNEY
022 B000009 13-1912900
022 C000009    103261
022 D000009      3898
022 A000010 UBS
022 B000010 13-2932996
022 C000010     93032
022 D000010      1314
023 C000000   10111271
023 D000000     456404
077 A000000 N
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025 A000101 BEAR STEARNS
025 B000101 13-2975144
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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072DD010500     2610
072DD020500        0
072EE000500        0
073 A010500   0.3198
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500     3449
074 C000500        0
074 D000500    88799
074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        1
074 K000500        0
074 L000500     1090
074 M000500        0
074 N000500    93339
074 O000500     1382
074 P000500        0
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500      528
074 S000500        0
074 T000500    91429
074 U010500     8865
074 U020500        0
074 V010500    10.31
074 V020500     0.00
074 W000500   0.0000
074 X000500       20
074 Y000500        0
<PAGE>      PAGE  20
075 A000500        0
075 B000500    82301
076  000500     0.00
028 A010600      5959
028 A020600         2
028 A030600         0
028 A040600       181
028 B010600       580
028 B020600         3
028 B030600         0
028 B040600       180
028 C010600       329
028 C020600         3
028 C030600         0
028 C040600       207
028 D010600      2524
028 D020600         5
028 D030600         0
028 D040600        97
028 E010600       864
028 E020600         5
028 E030600         0
028 E040600        58
028 F010600      1171
028 F020600         6
028 F030600         0
028 F040600       170
028 G010600     11427
028 G020600        24
028 G030600         0
028 G040600       893
028 H000600       196
029  000600 Y
030 A000600      8
030 B000600  4.00
030 C000600  0.00
031 A000600      1
031 B000600      0
032  000600      7
033  000600      0
062 A000600 Y
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062 C000600   0.0
062 D000600   3.2
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
<PAGE>      PAGE  21
062 L000600   0.0
062 M000600  10.5
062 N000600  87.8
062 O000600   0.0
062 P000600   0.0
062 Q000600   0.0
062 R000600   0.0
063 A000600   0
063 B000600  7.9
064 A000600 N
064 B000600 N
070 A010600 Y
070 A020600 Y
070 B010600 N
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600     61811
071 B000600     50758
071 C000600     49044
071 D000600  103
<PAGE>      PAGE  22
072 A000600  6
072 B000600     1844
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072 E000600        0
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072 J000600       18
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072 L000600        5
072 M000600        1
072 N000600        3
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072 P000600        0
072 Q000600        0
072 R000600        2
072 S000600        2
072 T000600       63
072 U000600        2
072 V000600        0
072 W000600        1
072 X000600      330
072 Y000600      116
072 Z000600     1630
072AA000600      994
072BB000600        0
072CC010600      371
072CC020600        0
072DD010600     1635
072DD020600        0
072EE000600        0
073 A010600   0.3397
073 A020600   0.0000
073 B000600   0.0000
073 C000600   0.0000
074 A000600        0
074 B000600     1739
074 C000600    53225
074 D000600        0
074 E000600        0
074 F000600        0
074 G000600        0
074 H000600        0
074 I000600        0
074 J000600     1684
074 K000600        0
074 L000600      415
074 M000600        1
074 N000600    57064
<PAGE>      PAGE  23
074 O000600     2630
074 P000600        0
074 Q000600        0
074 R010600        0
074 R020600        0
074 R030600        0
074 R040600      304
074 S000600        0
074 T000600    54130
074 U010600     5175
074 U020600        0
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074 V020600     0.00
074 W000600   0.0000
074 X000600       53
074 Y000600        0
075 A000600        0
075 B000600    49797
076  000600     0.00
008 A000701 STI CAPITAL MANAGEMENT COMPANY
008 B000701 S
008 C000701 801-23163
008 D010701 ORLANDO
008 D020701 FL
008 D030701 32802
008 A000702 INTEGRA TRUST COMPANY
008 B000702 A
008 C000702 801-0000
008 D010702 PITTSBURGH
008 D020702 PA
008 D030702 15278
024  000700 N
028 A010700       838
028 A020700         2
028 A030700         0
028 A040700      1055
028 B010700       793
028 B020700         1
028 B030700         0
028 B040700       137
028 C010700       490
028 C020700         1
028 C030700         0
028 C040700       537
028 D010700      1151
028 D020700         2
028 D030700         0
028 D040700        80
028 E010700      1164
028 E020700         2
028 E030700         0
<PAGE>      PAGE  24
028 E040700       236
028 F010700       730
028 F020700         1
028 F030700         0
028 F040700       200
028 G010700      5166
028 G020700         9
028 G030700         0
028 G040700      2245
028 H000700       289
029  000700 Y
030 A000700     22
030 B000700  4.00
030 C000700  0.00
031 A000700      2
031 B000700      0
032  000700     20
033  000700      0
062 A000700 N
062 B000700   0.0
062 C000700   0.0
062 D000700   0.0
062 E000700   0.0
062 F000700   0.0
062 G000700   0.0
062 H000700   0.0
062 I000700   0.0
062 J000700   0.0
062 K000700   0.0
062 L000700   0.0
062 M000700   0.0
062 N000700   0.0
062 O000700   0.0
062 P000700   0.0
062 Q000700   0.0
062 R000700   0.0
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
<PAGE>      PAGE  25
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 Y
070 J020700 Y
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700     42674
071 B000700     39367
071 C000700     46350
071 D000700   85
072 A000700  6
072 B000700      143
072 C000700      448
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072 E000700        0
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072 H000700        0
072 I000700       12
072 J000700       12
072 K000700        0
072 L000700        5
072 M000700        1
072 N000700        1
072 O000700        0
072 P000700        0
072 Q000700        0
072 R000700        2
072 S000700        2
072 T000700       65
072 U000700        2
072 V000700        0
072 W000700        1
072 X000700      369
072 Y000700      124
072 Z000700      346
<PAGE>      PAGE  26
072AA000700     3978
072BB000700        0
072CC010700     1856
072CC020700        0
072DD010700      346
072DD020700        0
072EE000700        0
073 A010700   0.0778
073 A020700   0.0000
073 B000700   0.0000
073 C000700   0.0000
074 A000700        9
074 B000700     6162
074 C000700        0
074 D000700        0
074 E000700      192
074 F000700    50601
074 G000700        0
074 H000700        0
074 I000700        0
074 J000700      381
074 K000700        0
074 L000700       57
074 M000700        1
074 N000700    57403
074 O000700     1929
074 P000700        0
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700       53
074 S000700        0
074 T000700    55421
074 U010700     4612
074 U020700        0
074 V010700    12.02
074 V020700     0.00
074 W000700   0.0000
074 X000700      206
074 Y000700        0
075 A000700        0
075 B000700    51222
076  000700     0.00
SIGNATURE   JEFFREY A COHEN                              
TITLE       CONTROLLER, CAO     
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922281
<NAME> INVENTOR FUNDS
<SERIES>
   <NUMBER> 011
   <NAME> PRIME OBLIGATIONS CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-START>                             MAY-01-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                           280897
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<OTHER-ITEMS-ASSETS>                                36
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<OTHER-ITEMS-LIABILITIES>                         1421
<TOTAL-LIABILITIES>                               1421
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        279696
<SHARES-COMMON-STOCK>                           279696
<SHARES-COMMON-PRIOR>                           290058
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
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<NET-ASSETS>                                    279696
<DIVIDEND-INCOME>                                    0
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<NET-INVESTMENT-INCOME>                           7661
<REALIZED-GAINS-CURRENT>                           (2)
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                             7659
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<DISTRIBUTIONS-OF-INCOME>                       (7661)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         323658
<NUMBER-OF-SHARES-REDEEMED>                   (334216)
<SHARES-REINVESTED>                                198
<NET-CHANGE-IN-ASSETS>                         (10362)
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<GROSS-EXPENSE>                                   1294
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<PER-SHARE-NII>                                    .03
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<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                            0
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<EXPENSE-RATIO>                                    .55
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922281
<NAME> INVENTOR FUNDS
<SERIES>
   <NUMBER> 021
   <NAME> TREASURY SECURITIES CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-START>                             MAY-01-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                           132883
<INVESTMENTS-AT-VALUE>                          132883
<RECEIVABLES>                                       64
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                16
<TOTAL-ASSETS>                                  132964
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          621
<TOTAL-LIABILITIES>                                621
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        132326
<SHARES-COMMON-STOCK>                           132326
<SHARES-COMMON-PRIOR>                            80477
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             17
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                    132343
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 3344
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (310)
<NET-INVESTMENT-INCOME>                           3034
<REALIZED-GAINS-CURRENT>                             3
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                             3037
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (3034)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         361008
<NUMBER-OF-SHARES-REDEEMED>                   (309242)
<SHARES-REINVESTED>                                 83
<NET-CHANGE-IN-ASSETS>                           51852
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           14
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              253
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    557
<AVERAGE-NET-ASSETS>                            111777
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .55
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922281
<NAME> INVENTOR FUNDS
<SERIES>
   <NUMBER> 031
   <NAME> PENNSYLVANIA TAX-EXEMPT MONEY MARKET CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-START>                             MAY-01-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                            62295
<INVESTMENTS-AT-VALUE>                           62295
<RECEIVABLES>                                      620
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   62916
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          759
<TOTAL-LIABILITIES>                                759
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         62157
<SHARES-COMMON-STOCK>                            62157
<SHARES-COMMON-PRIOR>                            56668
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                     62157
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1249
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (172)
<NET-INVESTMENT-INCOME>                           1077
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                             1077
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (1077)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          69001
<NUMBER-OF-SHARES-REDEEMED>                    (63541)
<SHARES-REINVESTED>                                 29
<NET-CHANGE-IN-ASSETS>                            5489
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              141
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    298
<AVERAGE-NET-ASSETS>                             62060
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .55
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922281
<NAME> INVENTOR FUNDS
<SERIES>
   <NUMBER> 041
   <NAME> PENNSYLVANIA MUNICIPAL BOND CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-START>                             MAY-01-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                            37226
<INVESTMENTS-AT-VALUE>                           38185
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<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   38817
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<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                                261
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         37596
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<NET-ASSETS>                                     38556
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  911
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (157)
<NET-INVESTMENT-INCOME>                            754
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                          755
<NET-CHANGE-FROM-OPS>                             1509
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (753)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            406
<NUMBER-OF-SHARES-REDEEMED>                       (95)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            3918
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              129
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    231
<AVERAGE-NET-ASSETS>                             36640
<PER-SHARE-NAV-BEGIN>                            10.04
<PER-SHARE-NII>                                    .21
<PER-SHARE-GAIN-APPREC>                            .21
<PER-SHARE-DIVIDEND>                             (.21)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.25
<EXPENSE-RATIO>                                    .85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922281
<NAME> INVENTOR FUNDS
<SERIES>
   <NUMBER> 051
   <NAME> INTERMEDIATE GOVERNMENT SECURITIES CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-START>                             MAY-01-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                            90360
<INVESTMENTS-AT-VALUE>                           92248
<RECEIVABLES>                                     1091
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   93339
<PAYABLE-FOR-SECURITIES>                          1382
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          528
<TOTAL-LIABILITIES>                               1910
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         89133
<SHARES-COMMON-STOCK>                             8865
<SHARES-COMMON-PRIOR>                             5319
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            408
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1888
<NET-ASSETS>                                     91429
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2968
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (358)
<NET-INVESTMENT-INCOME>                           2610
<REALIZED-GAINS-CURRENT>                           770
<APPREC-INCREASE-CURRENT>                         1256
<NET-CHANGE-FROM-OPS>                             4636
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (2610)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           3688
<NUMBER-OF-SHARES-REDEEMED>                      (144)
<SHARES-REINVESTED>                                  2
<NET-CHANGE-IN-ASSETS>                           38113
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              295
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    533
<AVERAGE-NET-ASSETS>                             82301
<PER-SHARE-NAV-BEGIN>                            10.02
<PER-SHARE-NII>                                    .32
<PER-SHARE-GAIN-APPREC>                            .29
<PER-SHARE-DIVIDEND>                             (.32)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.31
<EXPENSE-RATIO>                                    .85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922281
<NAME> INVENTOR FUNDS
<SERIES>
   <NUMBER> 061
   <NAME> GNMA SECURITIES CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-START>                             MAY-01-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                            53955
<INVESTMENTS-AT-VALUE>                           54964
<RECEIVABLES>                                     2099
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   57064
<PAYABLE-FOR-SECURITIES>                          2630
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          304
<TOTAL-LIABILITIES>                               2934
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         52052
<SHARES-COMMON-STOCK>                             5175
<SHARES-COMMON-PRIOR>                             4154
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                             (5)
<ACCUMULATED-NET-GAINS>                           1074
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1009
<NET-ASSETS>                                     54130
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1844
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (214)
<NET-INVESTMENT-INCOME>                           1630
<REALIZED-GAINS-CURRENT>                           994
<APPREC-INCREASE-CURRENT>                          371
<NET-CHANGE-FROM-OPS>                             2995
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1635
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1105
<NUMBER-OF-SHARES-REDEEMED>                       (86)
<SHARES-REINVESTED>                                  2
<NET-CHANGE-IN-ASSETS>                           11918
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                           80
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              176
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    330
<AVERAGE-NET-ASSETS>                             49797
<PER-SHARE-NAV-BEGIN>                            10.16
<PER-SHARE-NII>                                    .34
<PER-SHARE-GAIN-APPREC>                            .30
<PER-SHARE-DIVIDEND>                             (.34)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.46
<EXPENSE-RATIO>                                    .85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922281
<NAME> INVENTOR FUNDS
<SERIES>
   <NUMBER> 071
   <NAME> EQUITY GROWTH CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1996
<PERIOD-START>                             MAY-01-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                            52351
<INVESTMENTS-AT-VALUE>                           56955
<RECEIVABLES>                                      438
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                 9
<TOTAL-ASSETS>                                   57403
<PAYABLE-FOR-SECURITIES>                          1929
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           53
<TOTAL-LIABILITIES>                               1982
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         46368
<SHARES-COMMON-STOCK>                             4612
<SHARES-COMMON-PRIOR>                             4363
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           4449
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          4604
<NET-ASSETS>                                     55421
<DIVIDEND-INCOME>                                  448
<INTEREST-INCOME>                                  143
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (245)
<NET-INVESTMENT-INCOME>                            346
<REALIZED-GAINS-CURRENT>                          3978
<APPREC-INCREASE-CURRENT>                         1856
<NET-CHANGE-FROM-OPS>                             6180
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          346
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            447
<NUMBER-OF-SHARES-REDEEMED>                      (199)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            8764
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          471
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              220
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    369
<AVERAGE-NET-ASSETS>                             51222
<PER-SHARE-NAV-BEGIN>                            10.69
<PER-SHARE-NII>                                    .08
<PER-SHARE-GAIN-APPREC>                           1.33
<PER-SHARE-DIVIDEND>                             (.08)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.02
<EXPENSE-RATIO>                                    .95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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