WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
semi-annual report dated June 30, 2000 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 012
<NAME> TOTAL RETURN BOND PORTFOLIO-ADMINISTRATIVE CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 17781
<INVESTMENTS-AT-VALUE> 17739
<RECEIVABLES> 128
<ASSETS-OTHER> 29
<OTHER-ITEMS-ASSETS> 820
<TOTAL-ASSETS> 18716
<PAYABLE-FOR-SECURITIES> 5524
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19
<TOTAL-LIABILITIES> 5543
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13276
<SHARES-COMMON-STOCK> 1109
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 11
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 85
<ACCUM-APPREC-OR-DEPREC> (7)
<NET-ASSETS> 13173
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 209
<OTHER-INCOME> 0
<EXPENSES-NET> 18
<NET-INVESTMENT-INCOME> 191
<REALIZED-GAINS-CURRENT> 1
<APPREC-INCREASE-CURRENT> 79
<NET-CHANGE-FROM-OPS> 271
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 150
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1038
<NUMBER-OF-SHARES-REDEEMED> 355
<SHARES-REINVESTED> 16
<ISSUED-IN-REORGANIZATION> 0
<FUND-REIMBURSEMENT-FEE> 0
<NET-CHANGE-IN-ASSETS> 9296
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18
<AVERAGE-NET-ASSETS> 4644
<PER-SHARE-NAV-BEGIN> 9.45
<PER-SHARE-NII> 0.31
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.30)
<PER-SHARE-DISTRIBUTIONS> (0.30)
<PER-SHARE-FUND-REIMBURSEMENT-FEE> 0.00
<PER-SHARE-NAV-END> 9.46
<EXPENSE-RATIO> 0.65
</TABLE>
