UNDISCOVERED MANAGERS FUNDS
NSAR-B, EX-27, 2000-10-30
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001047712
<NAME> UNDISCOVERED MANAGERS FUNDS
<SERIES>
   <NUMBER> 10
   <NAME> UM INTERNATIONAL SMALL CAP EQUITY FUND
<MULTIPLIER> 1

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-2000
<PERIOD-START>                             SEP-01-1999
<PERIOD-END>                               AUG-31-2000
<INVESTMENTS-AT-COST>                         17156568
<INVESTMENTS-AT-VALUE>                        20360830
<RECEIVABLES>                                    23613
<ASSETS-OTHER>                                   15082
<OTHER-ITEMS-ASSETS>                           1800831
<TOTAL-ASSETS>                                22200356
<PAYABLE-FOR-SECURITIES>                       1173529
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        49645
<TOTAL-LIABILITIES>                            1223174
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      16990292
<SHARES-COMMON-STOCK>                           894197
<SHARES-COMMON-PRIOR>                           447251
<ACCUMULATED-NII-CURRENT>                       (8138)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         791431
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       3203597
<NET-ASSETS>                                  20977182
<DIVIDEND-INCOME>                                61855
<INTEREST-INCOME>                                69308
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  221105
<NET-INVESTMENT-INCOME>                        (89912)
<REALIZED-GAINS-CURRENT>                        974145
<APPREC-INCREASE-CURRENT>                      2338548
<NET-CHANGE-FROM-OPS>                          3222781
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                         91237
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         536334
<NUMBER-OF-SHARES-REDEEMED>                    (94150)
<SHARES-REINVESTED>                               4762
<NET-CHANGE-IN-ASSETS>                        14209107
<ACCUMULATED-NII-PRIOR>                        (10574)
<ACCUMULATED-GAINS-PRIOR>                          871
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           158914
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 301599
<AVERAGE-NET-ASSETS>                          13852722
<PER-SHARE-NAV-BEGIN>                            15.13
<PER-SHARE-NII>                                 (0.15)
<PER-SHARE-GAIN-APPREC>                           8.68
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (0.20)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.46
<EXPENSE-RATIO>                                   1.60


</TABLE>


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