<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001034386
<NAME> GOVERNMENT RESERVE INVESTMENT FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAY-31-2000
<PERIOD-END> MAY-31-2000
<INVESTMENTS-AT-COST> 670147
<INVESTMENTS-AT-VALUE> 670147
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<TOTAL-ASSETS> 672938
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<TOTAL-LIABILITIES> 18
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<PAID-IN-CAPITAL-COMMON> 672930
<SHARES-COMMON-STOCK> 672931
<SHARES-COMMON-PRIOR> 2519915
<ACCUMULATED-NII-CURRENT> 1
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<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (11)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 672920
<DIVIDEND-INCOME> 0
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<EXPENSES-NET> 138
<NET-INVESTMENT-INCOME> 61576
<REALIZED-GAINS-CURRENT> (44)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 61532
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (61576)
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<NUMBER-OF-SHARES-SOLD> 8718084
<NUMBER-OF-SHARES-REDEEMED> (8964130)
<SHARES-REINVESTED> 61569
<NET-CHANGE-IN-ASSETS> (184521)
<ACCUMULATED-NII-PRIOR> 1
<ACCUMULATED-GAINS-PRIOR> 19
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 138
<AVERAGE-NET-ASSETS> 1152544
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.053
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</TABLE>