UTGN UTG Inc (PK)

000 B000000 10/31/2012
000 C000000 0001544657
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 Avenue Mutual Funds Trust
001 B000000 811-22677
001 C000000 2128783500
002 A000000 399 Park Avenue, 6th Floor
002 B000000 New York
002 C000000 NY
002 D010000 10022
003  000000 Y
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 Avenue Credit Strategies Fund
007 C030100 N
008 A00AA01 AVENUE CAPITAL MANAGEMENT II, L.P.
008 B00AA01 A
008 C00AA01 801-57734
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10022
010 A00AA01 STATE STREET BANK & TRUST COMPANY
010 B00AA01 85-05003
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02116
011 A00AA01 FORESIDE FUND SERVICES LLC
011 B00AA01 8-51293
011 C01AA01 PORTLAND
011 C02AA01 ME
011 C03AA01 04101
012 A00AA01 STATE STREET BANK & TRUST COMPANY
012 B00AA01 85-05003
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02116
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10017
015 A00AA01 STATE STREET BANK & TRUST COMPANY

015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02116
015 E01AA01 X
015 A00AA02 CLEARSTREAM BANKING
015 B00AA02 S
015 C01AA02 LUXEMBOURG
015 D01AA02 LUXEMBOURG
015 E04AA02 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    2
019 C00AA00 AVECAPITAL
021  000000        0
022 A000001 STATE STREET BANK & TRUST COMPANY
022 B000001 13-3542950
022 C000001    163208
022 D000001         0
022 A000002 CITIGROUP GLOBAL MARKETS INC.
022 B000002 13-3214963
022 C000002      4130
022 D000002      2219
022 A000003 GOLDMAN SACHS
022 B000003 15-5108880
022 C000003      4111
022 D000003      1616
022 A000004 BARCLAYS CAPITAL INC.
022 B000004 06-1031656
022 C000004      2132
022 D000004      3046
022 A000005 BANK OF AMERICA SECURITIES
022 B000005 95-3783486
022 C000005      4214
022 D000005       519
022 A000006 DEUTSCHE BANK AG
022 B000006 13-2730828
022 C000006      3578
022 D000006       746
022 A000007 CREDIT SUISSE FIRST BOSTON
022 B000007 13-5659485
022 C000007      3394
022 D000007       874
022 A000008 GLEACHER & CO.
022 B000008 22-2655804
022 C000008       448
022 D000008      3676
022 A000009 JPMORGAN SECURITIES INC.
022 B000009 13-3224016
022 C000009      2861
022 D000009       877

022 A000010 STERNE, AGEE & LEACH, INC.
022 B000010 63-0463600
022 C000010        62
022 D000010      2737
023 C000000     192195
023 D000000      23328
024  000100 Y
025 A000101 STATE STREET BANK & TRUST COMPANY
025 B000101 13-3542950
025 C000101 D
025 D000101     781
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
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028 G01AA00      5705
028 G02AA00        93
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028 H00AA00         0
029  00AA00 N

030 A00AA00      0
030 B00AA00  0.00
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043  000100      3
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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
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048 C020100 0.000
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048 K020100 0.000

049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A000100 Y
054 B000100 N
054 C000100 N
054 D000100 N
054 E000100 N
054 F000100 N
054 G000100 N
054 H000100 Y
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
054 O000100 N
055 A00AA00 Y
055 B00AA00 N
056  00AA00 Y
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 N
060 B00AA00 N
061  00AA00     5000
062 A00AA00 Y
062 B00AA00   0.0
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062 D00AA00  12.2
062 E00AA00   0.0
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062 O00AA00   0.0
062 P00AA00  84.4
062 Q00AA00   0.0
062 R00AA00   6.2
063 A00AA00   0
063 B00AA00  3.4

064 A00AA00 N
064 B00AA00 Y
065  00AA00 N
066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
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070 B02AA00 N
070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 Y
070 E02AA00 N
070 F01AA00 Y
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070 H01AA00 Y
070 H02AA00 N
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070 I02AA00 N
070 J01AA00 Y
070 J02AA00 Y
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 Y
070 L02AA00 Y
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070 P01AA00 Y
070 P02AA00 N
070 Q01AA00 Y
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070 R01AA00 Y
070 R02AA00 Y
071 A000100     28741
071 B000100     23434
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072 C000100        0

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072AA000100      411
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072CC010100       63
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072EE000100        0
073 A010100   0.1590
073 A020100   0.1700
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100      781
074 C000100        0
074 D000100     5388
074 E000100       94
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074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      268
074 S000100        0
074 T000100     6380
074 U010100      273
074 U020100      315
074 V010100    10.85
074 V020100    10.85
074 W000100   0.0000
074 X000100        9
074 Y000100        0
075 A000100        0
075 B000100     5928
076  000100     0.00
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 Y
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A00AA00 Federal Insurance Company
080 C00AA00      750
081 A00AA00 Y
081 B00AA00   1
082 A00AA00 Y
082 B00AA00       10
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
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086 B020000      0
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086 F020000      0
SIGNATURE   STEPHEN M. ATKINS
TITLE       TREASURER/CFO