MAGNA FUNDS /MA/
NSAR-A, 1996-04-25
Previous: PUTNAM DIVERSIFIED EQUITY TRUST, 24F-2NT, 1996-04-25
Next: MERRILL LYNCH ASSET GROWTH FUND INC, NSAR-A, 1996-04-25



<PAGE>      PAGE  1
000 A000000 02/29/96
000 C000000 922637
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 MAGNA FUNDS
001 B000000 811-8494
001 C000000 6172672525
002 A000000 60 STATE STREET SUITE 400
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 MAGNA INTERMEDIATE GOVERNMENT BOND FUND
007 C030100 N
007 C010200  2
007 C020200 MAGNA GROWTH & INCOME FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
<PAGE>      PAGE  2
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
008 A00AA01 MAGNA BANK OF MISSOURI
008 B00AA01 A
008 C00AA01 801-9999
008 D01AA01 ST LOUIS
008 D02AA01 MO
008 D03AA01 63144
010 A00AA01 ERNST ASSET MANAGEMENT CORP
010 B00AA01 8-03018
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02109
011 A00AA01 ERNST & COMPANY
011 B00AA01 8-03018
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10004
<PAGE>      PAGE  3
011 C04AA01 1478
012 A00AA01 BOSTON FINANCIAL DATA SERVICES, INC
012 B00AA01 85-8494
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02266
013 A00AA01 COOPERS & LYBRAND, L.L.P.
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 MGI INVESTMENTS, INC
014 B00AA01 8-34750
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 MERRILL  LYNCH PIERCE FENNER & SMITH
020 B000001 13-5674085
020 C000001      8
020 A000002 SMITH BARNEY, INC.
020 B000002 13-1912900
020 C000002      1
020 A000003 MORGAN STANLEY & CO.
020 B000003 13-2655998
020 C000003      1
020 A000004 OPPENHEIMER
020 B000004 13-2798343
020 C000004      1
020 A000005 PAINE WEBBER
020 B000005 13-2638166
020 C000005      1
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000       12
022 A000001 STATE STREET BANK & TRUST CO.
022 B000001 D4-1867445
022 C000001    306153
022 D000001         0
022 A000002 STEPHENS INC.
022 B000002 71-0211822
022 C000002      4657
022 D000002         0
022 A000003 MERRILL LYNCH PIERCE FENNER & SMITH
<PAGE>      PAGE  4
022 B000003 13-5674085
022 C000003      3776
022 D000003       331
022 A000004 CLARK GX & CO. SECURITIES
022 B000004 13-2969143
022 C000004      2016
022 D000004       750
022 A000005 LINCOLN INVT PLANING
022 C000005      2623
022 D000005         0
022 A000006 PIPER JAFFRAY
022 B000006 41-0953246
022 C000006      1278
022 D000006       714
022 A000007 OPPENHEIMER+CO.
022 B000007 13-2798343
022 C000007      1546
022 D000007         0
022 A000008 SPEAR LEEDS & KELLOGG
022 B000008 13-5515160
022 C000008         0
022 D000008      1199
022 A000009 KIMBAL & CROSS
022 B000009 13-3046258
022 C000009      1012
022 D000009         0
022 A000010 COASTAL SECURITIES INC.
022 B000010 76-0358048
022 C000010       500
022 D000010       441
023 C000000     324135
023 D000000       3434
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 Y
030 A00AA00      5
030 B00AA00  4.00
030 C00AA00  0.00
031 A00AA00      5
031 B00AA00      0
032  00AA00      0
033  00AA00      0
034  00AA00 N
<PAGE>      PAGE  5
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  00AA00 Y
041  00AA00 N
042 A00AA00   0
042 B00AA00   0
042 C00AA00   0
042 D00AA00   0
042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
043  00AA00      0
044  00AA00      0
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00      250
070 A01AA00 Y
070 A02AA00 Y
070 B01AA00 Y
<PAGE>      PAGE  6
070 B02AA00 N
070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 Y
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 N
070 G01AA00 Y
070 G02AA00 N
070 H01AA00 Y
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 N
070 L01AA00 Y
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 Y
077 B000000 N
077 C000000 Y
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
077 Q010000 N
077 Q020000 N
<PAGE>      PAGE  7
077 Q030000 N
078  000000 N
080 C00AA00        0
081 B00AA00   0
082 B00AA00        0
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 Y
025 A000101 MERRILL LYNCH,PIERCE, FENNER & SMITH
025 C000101 D
025 D000101    1365
025 A000102 MORGAN STANLEY
025 C000102 D
025 D000102     498
025 D000103       0
025 D000104       0
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
028 A010100       720
028 A020100        51
028 A030100         0
028 A040100       423
028 B010100       604
028 B020100        51
028 B030100         0
028 B040100       264
028 C010100       707
028 C020100        52
028 C030100         0
028 C040100       611
028 D010100      1242
028 D020100        52
028 D030100         0
028 D040100       686
028 E010100       793
028 E020100        52
028 E030100         0
028 E040100       168
028 F010100      1493
<PAGE>      PAGE  8
028 F020100        52
028 F030100         0
028 F040100       293
028 G010100      5559
028 G020100       310
028 G030100         0
028 G040100      2445
028 H000100         0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.400
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
062 A000100 Y
062 B000100   0.0
062 C000100   0.0
062 D000100   3.8
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100  10.7
062 N000100  62.1
062 O000100   0.0
062 P000100  24.5
062 Q000100   0.0
<PAGE>      PAGE  9
062 R000100   0.0
063 A000100   0
063 B000100  7.2
064 A000100 N
064 B000100 N
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
071 A000100      9900
071 B000100      5292
071 C000100     51780
071 D000100   10
072 A000100  6
072 B000100     1861
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100      134
072 G000100       51
072 H000100        0
072 I000100       21
072 J000100       35
072 K000100        0
072 L000100        5
072 M000100       10
072 N000100        2
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       10
072 S000100       16
072 T000100       67
072 U000100       10
072 V000100        0
072 W000100        9
072 X000100      370
072 Y000100       94
072 Z000100     1584
072AA000100       50
072BB000100        0
072CC010100     1450
072CC020100        0
072DD010100     1584
072DD020100        0
072EE000100        0
073 A010100   0.3800
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
<PAGE>      PAGE  10
074 A000100        1
074 B000100     2093
074 C000100        0
074 D000100    54035
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100     1117
074 M000100       80
074 N000100    57326
074 O000100     1442
074 P000100       26
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      296
074 S000100        0
074 T000100    55562
074 U010100     4350
074 U020100        0
074 V010100    12.77
074 V020100     0.00
074 W000100   0.0000
074 X000100      990
074 Y000100        0
075 A000100        0
075 B000100    53804
076  000100     0.00
083 A000100 N
083 B000100        0
084 A000100 N
084 B000100        0
085 A000100 Y
085 B000100 N
024  000200 N
025 D000201       0
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200       369
028 A020200        37
028 A030200         0
<PAGE>      PAGE  11
028 A040200       163
028 B010200       449
028 B020200         0
028 B030200         0
028 B040200        83
028 C010200       487
028 C020200         0
028 C030200         0
028 C040200        41
028 D010200       722
028 D020200        99
028 D030200         0
028 D040200       117
028 E010200       396
028 E020200         0
028 E030200         0
028 E040200       458
028 F010200       661
028 F020200         0
028 F030200         0
028 F040200       187
028 G010200      3084
028 G020200       136
028 G030200         0
028 G040200      1049
028 H000200         0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.500
048 A010200        0
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
<PAGE>      PAGE  12
048 K020200 0.000
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
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 N
066 E000200 Y
066 F000200 N
066 G000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
071 A000200     10600
071 B000200      6656
071 C000200     31923
071 D000200   21
072 A000200  6
072 B000200      125
072 C000200      351
072 D000200        0
072 E000200        0
072 F000200      126
072 G000200       32
072 H000200        0
072 I000200       21
072 J000200       30
072 K000200        0
072 L000200        3
072 M000200       10
072 N000200        2
072 O000200        0
072 P000200        0
072 Q000200        0
<PAGE>      PAGE  13
072 R000200        7
072 S000200        9
072 T000200       42
072 U000200        5
072 V000200        0
072 W000200       10
072 X000200      293
072 Y000200       84
072 Z000200      267
072AA000200      743
072BB000200       89
072CC010200     6742
072CC020200        0
072DD010200      218
072DD020200        0
072EE000200       60
073 A010200   0.1000
073 A020200   0.0000
073 B000200   0.0300
073 C000200   0.0000
074 A000200        1
074 B000200     1449
074 C000200     3011
074 D000200      663
074 E000200        0
074 F000200    30972
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        1
074 L000200      618
074 M000200       41
074 N000200    36756
074 O000200      142
074 P000200       20
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200       59
074 S000200        0
074 T000200    36535
074 U010200     2299
074 U020200        0
074 V010200    15.89
074 V020200     0.00
074 W000200   0.0000
074 X000200      614
074 Y000200        0
075 A000200        0
<PAGE>      PAGE  14
075 B000200    33663
076  000200     0.00
083 A000200 N
083 B000200        0
084 A000200 N
084 B000200        0
085 A000200 Y
085 B000200 N
SIGNATURE   STEVE PARAGGIO                               
TITLE       VICE PRESIDENT      
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922637
<NAME> MAGNA FUNDS
<SERIES>
   <NUMBER> 2
   <NAME> MAGNA GROWTH & INCOME
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1996
<PERIOD-START>                             SEP-01-1995
<PERIOD-END>                               FEB-29-1996
<INVESTMENTS-AT-COST>                         29353447
<INVESTMENTS-AT-VALUE>                        36095253
<RECEIVABLES>                                   617791
<ASSETS-OTHER>                                   42199                           0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                36755243
<PAYABLE-FOR-SECURITIES>                        142300
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        78304
<TOTAL-LIABILITIES>                             220604
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      29185934
<SHARES-COMMON-STOCK>                          2298863
<SHARES-COMMON-PRIOR>                          2155748
<ACCUMULATED-NII-CURRENT>                       120509
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         486390
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       6741806
<NET-ASSETS>                                  36534639
<DIVIDEND-INCOME>                               351513
<INTEREST-INCOME>                               124971
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (209251)
<NET-INVESTMENT-INCOME>                         267233
<REALIZED-GAINS-CURRENT>                        654571
<APPREC-INCREASE-CURRENT>                      3436847
<NET-CHANGE-FROM-OPS>                          4358651
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (218006)
<DISTRIBUTIONS-OF-GAINS>                        (60437)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         202510
<NUMBER-OF-SHARES-REDEEMED>                     (68412)
<SHARES-REINVESTED>                               9017
<NET-CHANGE-IN-ASSETS>                         6250897
<ACCUMULATED-NII-PRIOR>                          71282     
<ACCUMULATED-GAINS-PRIOR>                      (107744)      
<OVERDISTRIB-NII-PRIOR>                              0    
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           125546
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 292948
<AVERAGE-NET-ASSETS>                          33662778
<PER-SHARE-NAV-BEGIN>                            14.05
<PER-SHARE-NII>                                    .12
<PER-SHARE-GAIN-APPREC>                           1.85
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                        (.10)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.89
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922637
<NAME> MAGNA FUNDS
<SERIES>
   <NUMBER> 1
   <NAME> MAGNA INTERMEDIATE GOVERNMENT BOND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1996
<PERIOD-START>                             SEP-01-1995
<PERIOD-END>                               FEB-29-1996
<INVESTMENTS-AT-COST>                         54628382
<INVESTMENTS-AT-VALUE>                        56128036
<RECEIVABLES>                                  1117509
<ASSETS-OTHER>                                   81201
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                57326746
<PAYABLE-FOR-SECURITIES>                       1442593
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       322051
<TOTAL-LIABILITIES>                            1764644
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      54343337
<SHARES-COMMON-STOCK>                          4349516
<SHARES-COMMON-PRIOR>                          4084065       
<ACCUMULATED-NII-CURRENT>                         1282
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                      (282171) 
<ACCUM-APPREC-OR-DEPREC>                       1499654
<NET-ASSETS>                                  55562102
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              1861098
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                (276603)
<NET-INVESTMENT-INCOME>                        1584495
<REALIZED-GAINS-CURRENT>                         50251
<APPREC-INCREASE-CURRENT>                         1257
<NET-CHANGE-FROM-OPS>                          1636003
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (1583379)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         431130
<NUMBER-OF-SHARES-REDEEMED>                   (189776)
<SHARES-REINVESTED>                              24097
<NET-CHANGE-IN-ASSETS>                         3476628
<ACCUMULATED-NII-PRIOR>                            166     
<ACCUMULATED-GAINS-PRIOR>                     (332422)     
<OVERDISTRIB-NII-PRIOR>                              0   
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           133776
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 370247
<AVERAGE-NET-ASSETS>                          53804248
<PER-SHARE-NAV-BEGIN>                            12.75
<PER-SHARE-NII>                                    .38
<PER-SHARE-GAIN-APPREC>                            .02
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.38)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.77
<EXPENSE-RATIO>                                   1.03
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission