<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001062978
<NAME> CONSECO STRATEGIC INCOME FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 109670496
<INVESTMENTS-AT-VALUE> 98121522
<RECEIVABLES> 2367031
<ASSETS-OTHER> 8805
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 100497358
<PAYABLE-FOR-SECURITIES> 1000000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24242788
<TOTAL-LIABILITIES> 25242788
<SENIOR-EQUITY> 6752
<PAID-IN-CAPITAL-COMMON> 100407629
<SHARES-COMMON-STOCK> 6751603
<SHARES-COMMON-PRIOR> 6735370
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (111529)
<ACCUMULATED-NET-GAINS> (13499308)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (11548974)
<NET-ASSETS> 75254570
<DIVIDEND-INCOME> 816747
<INTEREST-INCOME> 11801460
<OTHER-INCOME> 0
<EXPENSES-NET> (3140738)
<NET-INVESTMENT-INCOME> 9477469
<REALIZED-GAINS-CURRENT> (8651022)
<APPREC-INCREASE-CURRENT> (4017673)
<NET-CHANGE-FROM-OPS> (3191226)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9587848)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 16233
<NET-CHANGE-IN-ASSETS> (12570465)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (4848286)
<OVERDISTRIB-NII-PRIOR> (1150)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 992760
<INTEREST-EXPENSE> 1783853
<GROSS-EXPENSE> 3140738
<AVERAGE-NET-ASSETS> 82580034
<PER-SHARE-NAV-BEGIN> 13.04
<PER-SHARE-NII> 1.40
<PER-SHARE-GAIN-APPREC> (1.87)
<PER-SHARE-DIVIDEND> (1.42)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.15
<EXPENSE-RATIO> 1.64
</TABLE>
