1838 INVESTMENT ADVISORS FUNDS
NSAR-B, EX-27, 2000-12-29
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<TABLE> <S> <C>


<ARTICLE>                                            6
<SERIES>
   <NUMBER>                   3
   <NAME>                     1838 Fixed Income Fund

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                              OCT-31-2000
<PERIOD-START>                                 NOV-01-1999
<PERIOD-END>                                   OCT-31-2000
<INVESTMENTS-AT-COST>                          149,873,366
<INVESTMENTS-AT-VALUE>                         150,345,925
<RECEIVABLES>                                  5,007,880
<ASSETS-OTHER>                                 14,376
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 155,368,181
<PAYABLE-FOR-SECURITIES>                       2,939,329
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      133,373
<TOTAL-LIABILITIES>                            3,049,334
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       155,115,667
<SHARES-COMMON-STOCK>                          15,621,871
<SHARES-COMMON-PRIOR>                          9,604,582
<ACCUMULATED-NII-CURRENT>                      10,125
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        (3,279,504)
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       472,559
<NET-ASSETS>                                   152,318,847
<DIVIDEND-INCOME>                              0
<INTEREST-INCOME>                              9,178,462
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 770,942
<NET-INVESTMENT-INCOME>                        8,407,520
<REALIZED-GAINS-CURRENT>                       (1,615,101)
<APPREC-INCREASE-CURRENT>                      1,963,643
<NET-CHANGE-FROM-OPS>                          8,756,062
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      8,617,599
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        6,427,911
<NUMBER-OF-SHARES-REDEEMED>                    1,213,992
<SHARES-REINVESTED>                            803,370
<NET-CHANGE-IN-ASSETS>                         58,098,121
<ACCUMULATED-NII-PRIOR>                        220,204
<ACCUMULATED-GAINS-PRIOR>                      (1,664,403)
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          640,233
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                958,155
<AVERAGE-NET-ASSETS>                           128,027,490
<PER-SHARE-NAV-BEGIN>                          9.81
<PER-SHARE-NII>                                0.63
<PER-SHARE-GAIN-APPREC>                        (0.04)
<PER-SHARE-DIVIDEND>                           (0.65)
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            9.75
<EXPENSE-RATIO>                                0.60



</TABLE>


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