<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001031496
<NAME> GRANUM SERIES TRUST
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 92,009,843
<INVESTMENTS-AT-VALUE> 119,637,410
<RECEIVABLES> 128,927
<ASSETS-OTHER> 75,993
<OTHER-ITEMS-ASSETS> 12,333,500
<TOTAL-ASSETS> 132,175,830
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,677,610
<TOTAL-LIABILITIES> 12,677,610
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 92,023,400
<SHARES-COMMON-STOCK> 4,085,698
<SHARES-COMMON-PRIOR> 4,811,864
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (152,747)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 27,627,567
<NET-ASSETS> 119,498,220
<DIVIDEND-INCOME> 2,072,613
<INTEREST-INCOME> 103,292
<OTHER-INCOME> 13,418
<EXPENSES-NET> (2,844,536)
<NET-INVESTMENT-INCOME> (655,213)
<REALIZED-GAINS-CURRENT> 2,643,405
<APPREC-INCREASE-CURRENT> 16,246,011
<NET-CHANGE-FROM-OPS> 18,234,203
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (654,795)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 225,279
<NUMBER-OF-SHARES-REDEEMED> (976,580)
<SHARES-REINVESTED> 25,135
<NET-CHANGE-IN-ASSETS> (2,205,960)
<ACCUMULATED-NII-PRIOR> 432,956
<ACCUMULATED-GAINS-PRIOR> (2,946,539)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,536,725
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,844,536
<AVERAGE-NET-ASSETS> 119,130,634
<PER-SHARE-NAV-BEGIN> 25.29
<PER-SHARE-NII> (0.16)
<PER-SHARE-GAIN-APPREC> 4.26
<PER-SHARE-DIVIDEND> (0.14)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.25
<EXPENSE-RATIO> 2.38
</TABLE>
