WARBURG PINCUS TRUST
NSAR-B, 1998-02-25
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<PAGE>      PAGE  1
000 B000000 12/31/97
000 C000000 0000941568
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 WARBURG PINCUS TRUST
001 B000000 811-7261
001 C000000 3027912919
002 A000000 400 BELLEVUE PARKWAY
002 B000000 WILMINGTON
002 C000000 DE
002 D010000 19809
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 INTERNATIONAL EQUITY PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 SMALL COMPANY GROWTH PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 POST-VENTURE CAPITAL PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 GROWTH & INCOME PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 EMERGING MARKETS PORTFOLIO
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 PFPC INC.
010 B00AA01 85-1196
010 C01AA01 WILMINGTON
010 C02AA01 DE
010 C03AA01 19809
010 A00AA02 COUNSELLORS FUNDS SERVICE, INC.
010 B00AA02 801-000000
010 C01AA02 NEW YORK
010 C02AA02 NY
<PAGE>      PAGE  2
010 C03AA02 10017
010 C04AA02 3147
012 A00AA01 BOSTON FINANCIAL DATA SERVICES
012 B00AA01 84-00896
012 C01AA01 QUINCY
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 COOPERS & LYBRAND L.L.P.
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
020 A000001 MERRILL LYNCH PIERCE FENNER & SMITH, INC.
020 B000001 13-5674085
020 C000001    170
020 A000002 WARBURG S.G. & CO., INC.
020 B000002 13-3340045
020 C000002    132
020 A000003 ING BARING SECURITIES, ING
020 B000003 00-0000000
020 C000003    130
020 A000004 C.S. FIRST BOSTON CORP.
020 B000004 13-5659485
020 C000004    128
020 A000005 MORGAN STANLEY & CO., INC.
020 B000005 13-2655998
020 C000005    110
020 A000006 JAMES CAPEL
020 B000006 52-1348224
020 C000006     97
020 A000007 GOLDMAN SACHS
020 B000007 13-5108880
020 C000007     88
020 A000008 ROBERT FLEMING, INC.
020 B000008 13-3298866
020 C000008     72
020 A000009 ALEX BROWN & SONS, INC.
020 B000009 52-1319768
020 C000009     69
020 A000010 J.P. MORGAN SECURITIES, INC.
020 B000010 13-3224016
020 C000010     66
021  000000     2569
022 A000001 STATE STREET BOSTON SEC.
022 B000001 04-1867445
022 C000001  10788123
022 D000001         1
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002   4563166
022 D000002     22882
022 A000003 MORGAN STANLEY & CO., INC.
<PAGE>      PAGE  3
022 B000003 13-2655998
022 C000003     38043
022 D000003     25079
022 A000004 SOCIETE GENERALE SECURITES CORP.
022 B000004 52-1319768
022 C000004     58581
022 D000004         0
022 A000005 ALEX BROWN & SONS, INC.
022 B000005 52-1319768
022 C000005     40889
022 D000005     15055
022 A000006 MERRILL LYNCH PIERCE FENNER & SMITH, INC.
022 B000006 13-5674085
022 C000006     34148
022 D000006     20993
022 A000007 LEHMAN BROTHERS, INC.
022 B000007 13-2518466
022 C000007     36035
022 D000007     17788
022 A000008 SMITH BARNEY, INC.
022 B000008 13-1912900
022 C000008     20758
022 D000008     18378
022 A000009 HAMBRECHT & QUIST, LLC
022 B000009 94-3220242
022 C000009     23472
022 D000009     12927
022 A000010 MONTGOMERY SECURITIES
022 B000010 94-1701676
022 C000010     19606
022 D000010     10922
023 C000000   16270946
023 D000000     735661
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
029  00AA00 N
030 A00AA00      0
030 B00AA00  0.00
030 C00AA00  0.00
031 A00AA00      0
031 B00AA00      0
032  00AA00      0
033  00AA00      0
<PAGE>      PAGE  4
034  00AA00 N
035  00AA00      0
036 B00AA00      0
037  00AA00 N
038  00AA00      0
039  00AA00 N
040  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 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
062 A00AA00 N
062 B00AA00   0.0
062 C00AA00   0.0
062 D00AA00   0.0
062 E00AA00   0.0
062 F00AA00   0.0
062 G00AA00   0.0
062 H00AA00   0.0
062 I00AA00   0.0
062 J00AA00   0.0
062 K00AA00   0.0
062 L00AA00   0.0
<PAGE>      PAGE  5
062 M00AA00   0.0
062 N00AA00   0.0
062 O00AA00   0.0
062 P00AA00   0.0
062 Q00AA00   0.0
062 R00AA00   0.0
063 A00AA00   0
063 B00AA00  0.0
077 A000000 Y
077 B000000 Y
077 C000000 N
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
077 Q030000 N
078  000000 N
080 A00AA00 VIGILANT INSURANCE COMPANY
080 B00AA00 N/A
080 C00AA00    18000
081 A00AA00 Y
081 B00AA00  36
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
008 A000101 WARBURG PINCUS ASSET MANAGEMENT, INC.
008 B000101 A
008 C000101 801-28496
008 D010101 NEW YORK
008 D020101 NY
008 D030101 10017
008 D040101 3147
015 A000101 PNC BANK, NATIONAL ASSOCIATION
015 B000101 C
015 C010101 PHILADELPHIA
<PAGE>      PAGE  6
015 C020101 PA
015 C030101 19101
015 E010101 X
015 A000102 STATE STREET BANK AND TRUST COMPANY
015 B000102 C
015 C010102 BOSTON
015 C020102 MA
015 C030102 02110
015 E040102 X
018  000100 Y
019 A000100 Y
019 B000100   36
019 C000100 WARBURG PI
024  000100 Y
025 A000101 GOLDMAN SACHS & CO.
025 B000101 13-5108880
025 C000101 D
025 D000101   31579
025 D000102       0
025 D000103       0
025 D000104       0
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
028 A010100     12837
028 A020100         0
028 A030100         0
028 A040100      5449
028 B010100     13729
028 B020100         0
028 B030100         0
028 B040100     11203
028 C010100     16569
028 C020100         0
028 C030100         0
028 C040100      8941
028 D010100     13449
028 D020100         0
028 D030100         0
028 D040100     16678
028 E010100      9341
028 E020100         0
028 E030100         0
028 E040100      7962
028 F010100      9263
028 F020100     22275
028 F030100         0
028 F040100     11478
028 G010100     75188
028 G020100     22275
<PAGE>      PAGE  7
028 G030100         0
028 G040100     61711
028 H000100         0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  1.000
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
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100        0
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 Y
069  000100 N
070 A010100 Y
070 A020100 Y
<PAGE>      PAGE  8
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100    307480
071 B000100    257743
071 C000100    327698
071 D000100   79
072 A000100 12
072 B000100     1283
072 C000100     5930
072 D000100        0
072 E000100        0
072 F000100     3592
072 G000100      768
072 H000100        0
072 I000100        3
072 J000100      358
072 K000100        0
072 L000100        7
072 M000100        3
<PAGE>      PAGE  9
072 N000100        0
072 O000100        0
072 P000100        3
072 Q000100        0
072 R000100       15
072 S000100       29
072 T000100        0
072 U000100       13
072 V000100        0
072 W000100       71
072 X000100     4862
072 Y000100       20
072 Z000100     2371
072AA000100    34358
072BB000100    51204
072CC010100        0
072CC020100     7070
072DD010100      305
072DD020100        0
072EE000100    21970
073 A010100   0.0100
073 A020100   0.0000
073 B000100   0.7100
073 C000100   0.0000
074 A000100        0
074 B000100    31579
074 C000100        0
074 D000100        0
074 E000100        0
074 F000100   311902
074 G000100        0
074 H000100        0
074 I000100     2403
074 J000100     2329
074 K000100        0
074 L000100     3827
074 M000100       32
074 N000100   352072
074 O000100     2804
074 P000100        0
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     2039
074 S000100        0
074 T000100   347229
074 U010100    33105
074 U020100        0
074 V010100    10.49
074 V020100     0.00
<PAGE>      PAGE  10
074 W000100   0.0000
074 X000100       15
074 Y000100        0
075 A000100        0
075 B000100   359216
076  000100     0.00
008 A000201 WARBURG PINCUS ASSET MANAGEMENT, INC.
008 B000201 A
008 C000201 801-28496
008 D010201 NEW YORK
008 D020201 NY
008 D030201 10017
008 D040201 3147
015 A000201 PNC BANK, NATIONAL ASSOCIATION
015 B000201 C
015 C010201 PHILADELPHIA
015 C020201 PA
015 C030201 19103
015 E010201 X
015 A000202 STATE STREET BANK AND TRUST COMPANY
015 B000202 C
015 C010202 BOSTON
015 C020202 MA
015 C030202 02110
015 E040202 X
018  000200 Y
019 A000200 Y
019 B000200   36
019 C000200 WARBURG PI
024  000200 Y
025 A000201 GOLDMAN SACHS & CO.
025 B000201 13-5108880
025 C000201 D
025 D000201   63256
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200     29220
028 A020200         0
028 A030200         0
028 A040200     11592
028 B010200     33455
028 B020200         0
028 B030200         0
028 B040200     17053
028 C010200     82211
028 C020200         0
<PAGE>      PAGE  11
028 C030200         0
028 C040200     13255
028 D010200     55159
028 D020200         0
028 D030200         0
028 D040200     59152
028 E010200     40576
028 E020200         0
028 E030200         0
028 E040200     27737
028 F010200     50269
028 F020200         0
028 F030200         0
028 F040200     23574
028 G010200    290890
028 G020200         0
028 G030200         0
028 G040200    152363
028 H000200         0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.900
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
048 K020200 0.000
055 A000200 N
055 B000200 N
056  000200 Y
057  000200 N
058 A000200 N
059  000200 Y
<PAGE>      PAGE  12
060 A000200 Y
060 B000200 Y
061  000200        0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200    618825
<PAGE>      PAGE  13
071 B000200    416718
071 C000200    450733
071 D000200   92
072 A000200 12
072 B000200     2028
072 C000200      767
072 D000200        0
072 E000200        0
072 F000200     4349
072 G000200      955
072 H000200        0
072 I000200        5
072 J000200       95
072 K000200        0
072 L000200       13
072 M000200        3
072 N000200        0
072 O000200        0
072 P000200        4
072 Q000200        0
072 R000200       14
072 S000200       37
072 T000200        0
072 U000200       12
072 V000200        0
072 W000200       28
072 X000200     5515
072 Y000200       25
072 Z000200    -2695
072AA000200    66153
072BB000200    64836
072CC010200    80859
072CC020200        0
072DD010200        0
072DD020200        0
072EE000200        0
073 A010200   0.0000
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200        1
074 B000200    63256
074 C000200        0
074 D000200        0
074 E000200        0
074 F000200   611654
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
<PAGE>      PAGE  14
074 L000200     3967
074 M000200       33
074 N000200   678911
074 O000200    10175
074 P000200        0
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200     2342
074 S000200        0
074 T000200   666394
074 U010200    40425
074 U020200        0
074 V010200    16.48
074 V020200     0.00
074 W000200   0.0000
074 X000200       17
074 Y000200        0
075 A000200        0
075 B000200   483222
076  000200     0.00
008 A000301 WARBURG PINCUS ASSET MANAGEMENT, INC.
008 B000301 A
008 C000301 801-28496
008 D010301 NEW YORK
008 D020301 NY
008 D030301 10017
008 D040301 3147
008 A000302 DELETE
015 A000301 PNC BANK, NATIONAL ASSOCIATION
015 B000301 C
015 C010301 PHILADELPHIA
015 C020301 PA
015 C030301 19101
015 E010301 X
015 A000302 STATE STREET BANK & TRUST CO.
015 B000302 C
015 C010302 BOSTON
015 C020302 MA
015 C030302 02110
015 E040302 X
018  000300 Y
019 A000300 Y
019 B000300   36
019 C000300 WARBURG PI
024  000300 N
025 A000301 DELETE
025 D000301       0
025 D000302       0
025 D000303       0
<PAGE>      PAGE  15
025 D000304       0
025 D000305       0
025 D000306       0
025 D000307       0
025 D000308       0
028 A010300     10981
028 A020300         0
028 A030300         0
028 A040300      3334
028 B010300      8397
028 B020300         0
028 B030300         0
028 B040300      6749
028 C010300      4930
028 C020300         0
028 C030300         0
028 C040300      2973
028 D010300      5280
028 D020300         0
028 D030300         0
028 D040300      4030
028 E010300      3569
028 E020300         0
028 E030300         0
028 E040300      2640
028 F010300      5559
028 F020300         4
028 F030300         0
028 F040300     17832
028 G010300     38716
028 G020300         4
028 G030300         0
028 G040300     37558
028 H000300         0
045  000300 Y
046  000300 N
047  000300 Y
048  000300  1.250
048 A010300        0
048 A020300 0.000
048 B010300        0
048 B020300 0.000
048 C010300        0
048 C020300 0.000
048 D010300        0
048 D020300 0.000
048 E010300        0
048 E020300 0.000
048 F010300        0
048 F020300 0.000
048 G010300        0
<PAGE>      PAGE  16
048 G020300 0.000
048 H010300        0
048 H020300 0.000
048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300        0
048 K020300 0.000
055 A000300 N
055 B000300 N
056  000300 Y
057  000300 N
058 A000300 N
059  000300 Y
060 A000300 Y
060 B000300 Y
061  000300        0
066 A000300 Y
066 D000300 Y
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
<PAGE>      PAGE  17
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300     81006
071 B000300     65861
071 C000300     27659
071 D000300  238
072 A000300 12
072 B000300      148
072 C000300       55
072 D000300        0
072 E000300        0
072 F000300      386
072 G000300       62
072 H000300        0
072 I000300        1
072 J000300       37
072 K000300        0
072 L000300        2
072 M000300        2
072 N000300        0
072 O000300        0
072 P000300        2
072 Q000300        0
072 R000300       12
072 S000300        3
072 T000300        0
072 U000300        7
072 V000300        0
072 W000300        7
072 X000300      521
072 Y000300       88
072 Z000300     -230
072AA000300     5867
072BB000300     6046
072CC010300     3246
072CC020300        0
072DD010300        4
072DD020300        0
072EE000300        0
073 A010300   0.0000
073 A020300   0.0000
073 B000300   0.0000
073 C000300   0.0000
074 A000300        0
<PAGE>      PAGE  18
074 B000300        0
074 C000300        0
074 D000300        0
074 E000300        0
074 F000300    29709
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300      846
074 K000300        0
074 L000300      397
074 M000300       28
074 N000300    30980
074 O000300        0
074 P000300        0
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      460
074 S000300        0
074 T000300    30520
074 U010300     2758
074 U020300        0
074 V010300    11.06
074 V020300     0.00
074 W000300   0.0000
074 X000300       14
074 Y000300        0
075 A000300        0
075 B000300    35888
076  000300     0.00
008 A000401 WARBURG PINCUS ASSET MANAGEMENT, INC.
008 B000401 A
008 C000401 801-28496
008 D010401 NEW YORK
008 D020401 NY
008 D030401 10017
008 D040401 3147
015 A000401 PNC BANK, NATIONAL ASSOCIATION
015 B000401 C
015 C010401 PHILADLEPHIA
015 C020401 PA
015 C030401 19103
015 E010401 X
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015 B000402 C
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015 C020402 MA
015 C030402 02110
015 E040402 X
<PAGE>      PAGE  19
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019 C000400 WARBURG PI
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025 A000401 GOLDMAN SACHS
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<PAGE>      PAGE  20
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048 I020400 0.000
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056  000400 Y
057  000400 N
058 A000400 N
059  000400 Y
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066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
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066 G000400 N
067  000400 N
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068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
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070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
<PAGE>      PAGE  21
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
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<PAGE>      PAGE  22
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008 A000501 WARBURG PINCUS ASSET MANAGEMENT, INC.
008 B000501 A
008 C000501 801-28496
<PAGE>      PAGE  23
008 D010501 NEW YORK
008 D020501 NY
008 D030501 10017
008 D040501 3147
015 A000501 STATE STREET BANK & TRUST CO
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015 C020501 MA
015 C030501 02110
015 E040501 X
018  000500 Y
019 A000500 Y
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019 C000500 WARBURG PI
024  000500 N
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<PAGE>      PAGE  24
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066 A000500 Y
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<PAGE>      PAGE  25
070 C010500 Y
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070 I020500 N
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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SIGNATURE   KATHY THREN                                  
TITLE       COUNSEL             
 


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<ARTICLE> 6
<CIK> 0000941568
<NAME> WARBURG PINCUS TRUST
<SERIES>
   <NUMBER> 01
   <NAME> INTERNATIONAL EQUITY PORTFOLIO
       
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<CIK> 0000941568
<NAME> WARBURG PINCUS TRUST
<SERIES>
   <NUMBER> 02
   <NAME> SMALL COMPANY GROWTH PORTFOLIO
       
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000941568
<NAME> WARBURG PINCUS TRUST
<SERIES>
   <NUMBER> 05
   <NAME> EMERGING MARKETS PORTFOLIO
       
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