<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 1063946
<NAME> PILGRIM MIDCAP OPPORTUNITIES
<SERIES>
<NUMBER> 11
<NAME> PILGRIM MIDCAP OPPORTUNITIES CLASS A
<MULTIPLIER> 1000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 108927
<INVESTMENTS-AT-VALUE> 147607
<RECEIVABLES> 2313
<ASSETS-OTHER> 38
<OTHER-ITEMS-ASSETS> 1
<TOTAL-ASSETS> 149959
<PAYABLE-FOR-SECURITIES> 121
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 243
<TOTAL-LIABILITIES> 364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 104552
<SHARES-COMMON-STOCK> 926
<SHARES-COMMON-PRIOR> 296
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 711
<ACCUMULATED-NET-GAINS> 7075
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38680
<NET-ASSETS> 149595
<DIVIDEND-INCOME> 112
<INTEREST-INCOME> 190
<OTHER-INCOME> 0
<EXPENSES-NET> 1013
<NET-INVESTMENT-INCOME> (711)
<REALIZED-GAINS-CURRENT> 2804
<APPREC-INCREASE-CURRENT> 5896
<NET-CHANGE-FROM-OPS> 7988
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1022
<NUMBER-OF-SHARES-REDEEMED> 392
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 62539
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4271
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 630
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1013
<AVERAGE-NET-ASSETS> 15999
<PER-SHARE-NAV-BEGIN> 21.29
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> 2.32
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 23.57
<EXPENSE-RATIO> 1.63
</TABLE>
