TUSCARORA INVESTMENT TRUST
NSAR-B, EX-27, 2000-08-29
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<TABLE> <S> <C>

 <ARTICLE> 6
<CIK> 0000941722
<NAME> OAK VALUE FUND

<S>                             <C>
<PERIOD-TYPE>                  12-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-START>                             JUL-01-1999
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                        256688703
<INVESTMENTS-AT-VALUE>                       280860521
<RECEIVABLES>                                   480861
<ASSETS-OTHER>                                  116206
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               281457688
<PAYABLE-FOR-SECURITIES>                        268083
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       356619
<TOTAL-LIABILITIES>                             624702
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     257660774
<SHARES-COMMON-STOCK>                         11176959
<SHARES-COMMON-PRIOR>                         22342135
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        999606
<ACCUM-APPREC-OR-DEPREC>                      24171818
<NET-ASSETS>                                 280832986
<DIVIDEND-INCOME>                              5263647
<INTEREST-INCOME>                               399684
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 4541432
<NET-INVESTMENT-INCOME>                        1121899
<REALIZED-GAINS-CURRENT>                       6275284
<APPREC-INCREASE-CURRENT>                   (67451289)
<NET-CHANGE-FROM-OPS>                       (60054106)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1122313
<DISTRIBUTIONS-OF-GAINS>                       6519941
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        5203161
<NUMBER-OF-SHARES-REDEEMED>                   16660660
<SHARES-REINVESTED>                             292323
<NET-CHANGE-IN-ASSETS>                     (343939669)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      754949
<GROSS-ADVISORY-FEES>                          3607979
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                4579517
<AVERAGE-NET-ASSETS>                         400789722
<PER-SHARE-NAV-BEGIN>                            27.96
<PER-SHARE-NII>                                    .11
<PER-SHARE-GAIN-APPREC>                         (1.48)
<PER-SHARE-DIVIDEND>                               .11
<PER-SHARE-DISTRIBUTIONS>                         1.35
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              25.13
<EXPENSE-RATIO>                                   1.13



</TABLE>


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