FIRST OMAHA FUNDS INC
NSAR-B, EX-27, 2000-05-30
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000932381
<NAME> FIRST OMAHA FUNDS
<SERIES>
   <NUMBER> 6
   <NAME> BALANCED FUND

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-2000
<PERIOD-START>                             APR-01-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                       12,128,718
<INVESTMENTS-AT-VALUE>                      11,970,469
<RECEIVABLES>                                  113,122
<ASSETS-OTHER>                                   9,304
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              12,092,895
<PAYABLE-FOR-SECURITIES>                        66,733
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       15,550
<TOTAL-LIABILITIES>                             82,283
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    14,012,440
<SHARES-COMMON-STOCK>                        1,292,447
<SHARES-COMMON-PRIOR>                        2,158,774
<ACCUMULATED-NII-CURRENT>                        4,454
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (1,848,033)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (158,249)
<NET-ASSETS>                                12,010,612
<DIVIDEND-INCOME>                              260,157
<INTEREST-INCOME>                              557,149
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (211,800)
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<REALIZED-GAINS-CURRENT>                     (870,245)
<APPREC-INCREASE-CURRENT>                    (451,243)
<NET-CHANGE-FROM-OPS>                        (715,982)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (612,643)
<DISTRIBUTIONS-OF-GAINS>                   (1,213,790)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        587,089
<NUMBER-OF-SHARES-REDEEMED>                  1,635,676
<SHARES-REINVESTED>                            182,260
<NET-CHANGE-IN-ASSETS>                    (11,872,468)
<ACCUMULATED-NII-PRIOR>                         10,654
<ACCUMULATED-GAINS-PRIOR>                      236,002
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          143,933
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                271,554
<AVERAGE-NET-ASSETS>                        19,191,220
<PER-SHARE-NAV-BEGIN>                            11.06
<PER-SHARE-NII>                                    .34
<PER-SHARE-GAIN-APPREC>                          (.98)
<PER-SHARE-DIVIDEND>                             (.35)
<PER-SHARE-DISTRIBUTIONS>                        (.78)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.29
<EXPENSE-RATIO>                                   1.10
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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