<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001017927
<NAME> FIRST AMERICAN STRATEGY FUNDS
<SERIES>
<NUMBER> 021
<NAME> STRATEGY GROWTH & INCOME
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-START> OCT-01-1999
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 228770
<INVESTMENTS-AT-VALUE> 234582
<RECEIVABLES> 257
<ASSETS-OTHER> 197
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 235036
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1609
<TOTAL-LIABILITIES> 1609
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 217539
<SHARES-COMMON-STOCK> 19423592
<SHARES-COMMON-PRIOR> 18176816
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (2)
<ACCUMULATED-NET-GAINS> 10078
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5812
<NET-ASSETS> 233427
<DIVIDEND-INCOME> 7078
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> (767)
<NET-INVESTMENT-INCOME> 6311
<REALIZED-GAINS-CURRENT> 16832
<APPREC-INCREASE-CURRENT> 6845
<NET-CHANGE-FROM-OPS> 29988
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6326)
<DISTRIBUTIONS-OF-GAINS> (14069)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 80038
<NUMBER-OF-SHARES-REDEEMED> (85658)
<SHARES-REINVESTED> 20225
<NET-CHANGE-IN-ASSETS> 24198
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 7328
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 558
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1561
<AVERAGE-NET-ASSETS> 223245392
<PER-SHARE-NAV-BEGIN> 11.51
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> 1.31
<PER-SHARE-DIVIDEND> (0.34)
<PER-SHARE-DISTRIBUTIONS> (0.79)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.02
<EXPENSE-RATIO> 0.34
</TABLE>
