PREMIUM PORTFOLIOS
NSAR-A, 1995-08-29
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<PAGE>      PAGE  1
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002 A000000 6 ST. JAMES AVENUE
002 B000000 BOSTON
002 C000000 MA
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008 A000001 CITIBANK, N.A.
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015 C020001 MA
<PAGE>      PAGE  2
015 C030001 02110
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019 B000000   30
019 C000000 LANDMARK..
020 A000001 PERSHING DIVISION OF DLJ
020 B000001 13-5315200
020 C000001     19
020 A000002 BERSTEIN (STANFORD C) & CO INC.
020 B000002 13-2625874
020 C000002     19
020 A000003 PAINE WEBBER INC.
020 B000003 13-2638166
020 C000003     15
020 A000004 NEUBERGER & BERMAN
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020 C000004     14
020 A000005 FIDELITY CAPITAL MARKETS (DIVISION OF NFSC)
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020 A000006 COWEN & CO
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020 C000006      9
020 A000007 BRIDGE TRADING CO.
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020 A000008 BEAR STERNS & CO. INC.
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020 C000008      8
020 A000009 BROWN (ALEX) & SONS INC.
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020 C000009      8
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022 C000001    939634
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022 C000002    442832
022 D000002     24932
022 A000003 CHEMICAL SECURITIES
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022 C000003    202113
022 D000003      5156
022 A000004 DAIWA SECURITIES AMERICA, INC.
022 B000004 13-5680329
<PAGE>      PAGE  3
022 C000004     51660
022 D000004     21869
022 A000005 MERRILL LYNCH,PIERCE, FENNER & SMITH INC.
022 B000005 13-5674085
022 C000005     43684
022 D000005     21984
022 A000006 SMITH BARNEY INC.
022 B000006 13-1912900
022 C000006     50746
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022 A000007 NOMURA SECURITIES, INC.
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022 C000007     27486
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022 C000008     24359
022 D000008     28136
022 A000009 HONG KONG & SHANGHAI BANKING CORP.
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022 C000009     28769
022 D000009      4510
022 A000010 LEHMAN GOVT. SECURITIES INC.
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SIGNATURE   JAMES B. CRAVER                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000922908
<NAME> BALANCED PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                  6-mos
<FISCAL-YEAR-END>                           DEC-31-1995
<PERIOD-END>                                JUN-30-1995
<INVESTMENTS-AT-COST>                      215,781,651
<INVESTMENTS-AT-VALUE>                     234,707,575
<RECEIVABLES>                               10,035,038
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                               616
<TOTAL-ASSETS>                             244,743,229
<PAYABLE-FOR-SECURITIES>                     5,002,895
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                          5,002,895
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   239,631,403
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                             0
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 581,290
<NET-INVESTMENT-INCOME>                      4,368,854
<REALIZED-GAINS-CURRENT>                     7,140,181
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<NET-CHANGE-FROM-OPS>                       28,899,275
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,777,773
<NUMBER-OF-SHARES-REDEEMED>                (20,993,608)
<SHARES-REINVESTED>                                  0
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</TABLE>


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