<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 032
<NAME> HIGH GRADE BOND CL I
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 13567138
<INVESTMENTS-AT-VALUE> 12814917
<RECEIVABLES> 189267
<ASSETS-OTHER> 16073
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13020257
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12287
<TOTAL-LIABILITIES> 12287
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13781224
<SHARES-COMMON-STOCK> 154333
<SHARES-COMMON-PRIOR> 151017
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2445)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (129659)
<NET-ASSETS> 1495462
<DIVIDEND-INCOME> 5245
<INTEREST-INCOME> 108800
<OTHER-INCOME> 0
<EXPENSES-NET> 17670
<NET-INVESTMENT-INCOME> 96375
<REALIZED-GAINS-CURRENT> (2461)
<APPREC-INCREASE-CURRENT> (52785)
<NET-CHANGE-FROM-OPS> 41129
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 96375
<DISTRIBUTIONS-OF-GAINS> 4640
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 21187
<NUMBER-OF-SHARES-REDEEMED> 21699
<SHARES-REINVESTED> 3828
<NET-CHANGE-IN-ASSETS> (25810)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4657
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6054
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18006
<AVERAGE-NET-ASSETS> 1513523
<PER-SHARE-NAV-BEGIN> 10.07
<PER-SHARE-NII> .63
<PER-SHARE-GAIN-APPREC> (.35)
<PER-SHARE-DIVIDEND> .63
<PER-SHARE-DISTRIBUTIONS> .03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.69
<EXPENSE-RATIO> 1.19
</TABLE>
