DLB FUND GROUP
NSAR-B, EX-27, 2000-12-28
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<TABLE> <S> <C>


<ARTICLE>                                            6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 2000
ANNUAL REPORT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ANNUAL
REPORT.
</LEGEND>
<SERIES>
   <NUMBER>                   11
   <NAME>                     THE DLB HIGH YIELD FUND

<S>                             <C>
<PERIOD-TYPE>                   2-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-START>                             SEP-05-2000
<PERIOD-END>                               OCT-31-2000
<INVESTMENTS-AT-COST>                       21,273,469
<INVESTMENTS-AT-VALUE>                      20,951,302
<RECEIVABLES>                                  470,657
<ASSETS-OTHER>                               4,571,401
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              25,993,360
<PAYABLE-FOR-SECURITIES>                     1,005,848
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       70,329
<TOTAL-LIABILITIES>                          1,076,177
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    25,225,461
<SHARES-COMMON-STOCK>                        2,522,829
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        8,240
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          5,649
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (322,167)
<NET-ASSETS>                                24,917,183
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              262,772
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  29,081
<NET-INVESTMENT-INCOME>                        233,691
<REALIZED-GAINS-CURRENT>                         5,649
<APPREC-INCREASE-CURRENT>                     (322,167)
<NET-CHANGE-FROM-OPS>                          (82,827)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      225,451
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,500,001
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                             22,828
<NET-CHANGE-IN-ASSETS>                      24,917,173
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           19,387
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 82,322
<AVERAGE-NET-ASSETS>                        24,986,028
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.09
<PER-SHARE-GAIN-APPREC>                          (0.12)
<PER-SHARE-DIVIDEND>                              0.09
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.88
<EXPENSE-RATIO>                                   0.75



</TABLE>


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