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            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
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        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>U.S. BANCORP FUND SERVICES, LLC</adminName>
            <adminLei>N/A</adminLei>
            <idNumberDesc>85-11357</idNumberDesc>
            <adminStateCountry adminState="US-WI" adminCountry="US"/>
            <isAdminAffiliated>N</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
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          <broker>
            <brokerName>BLOOMBERG TRADEBOOK</brokerName>
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            <brokerName>CL KING &amp; ASSOCIATES, INC.</brokerName>
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            <grossCommission>12120.000000000000</grossCommission>
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          <broker>
            <brokerName>BASS TRADING INVESTMENT GROUP LLC</brokerName>
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            <brokerStateCountry brokerState="US-CA" brokerCountry="US"/>
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          <broker>
            <brokerName>R.F. LAFFERTY &amp; CO., INC.</brokerName>
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            <grossCommission>31137.000000000000</grossCommission>
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          <broker>
            <brokerName>SANFORD C. BERNSTEIN &amp; CO., LLC</brokerName>
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            <grossCommission>22209.000000000000</grossCommission>
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          <broker>
            <brokerName>KEYBANC CAPITAL MARKETS INC.</brokerName>
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          <broker>
            <brokerName>DOUGHERTY &amp; COMPANY LLC</brokerName>
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          <broker>
            <brokerName>ISI GROUP</brokerName>
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          <broker>
            <brokerName>SIDOTI &amp; COMPANY LLC</brokerName>
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          <broker>
            <brokerName>PIPER JAFFRAY</brokerName>
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            <grossCommission>7938.000000000000</grossCommission>
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        </brokers>
        <aggregateCommission>275232.000000000000</aggregateCommission>
        <principalAggregatePurchase>0.000000000000</principalAggregatePurchase>
        <isBrokerageResearchPayment>Y</isBrokerageResearchPayment>
        <mnthlyAvgNetAssets>687426647.000000000000</mnthlyAvgNetAssets>
        <lineOfCredit hasLineOfCredit="Y">
          <lineOfCreditDetails>
            <lineOfCreditDetail>
              <isCreditLineCommitted>Committed</isCreditLineCommitted>
              <lineOfCreditSize>50000000.000000000000</lineOfCreditSize>
              <lineOfCreditInstitutions>
                <lineOfCreditInstitution creditInstitutionName="U.S. BANK, N.A."/>
              </lineOfCreditInstitutions>
              <soleCreditType creditType="Sole"/>
              <isCreditLineUsed>N</isCreditLineUsed>
            </lineOfCreditDetail>
          </lineOfCreditDetails>
        </lineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
      </managementInvestmentQuestion>
    </managementInvestmentQuestionSeriesInfo>
    <exchangeSeriesInfo/>
    <attachmentsTab>
      <isIPAReportInternalControl>true</isIPAReportInternalControl>
    </attachmentsTab>
    <signature registrantSignedName="Olstein Funds" signedDate="2019-03-20" signature="/s/ Michael Luper" title="Treasurer"/>
  </formData>
</edgarSubmission>
