<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> CAPITAL CONSERVATION FUND
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAY-31-2000
<PERIOD-END> MAY-31-2000
<INVESTMENTS-AT-COST> 59,548,527
<INVESTMENTS-AT-VALUE> 57,504,147
<RECEIVABLES> 1,809,014
<ASSETS-OTHER> 4,821
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 59,317,982
<PAYABLE-FOR-SECURITIES> 8,214,819
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 577,933
<TOTAL-LIABILITIES> 8,792,752
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 55,539,586
<SHARES-COMMON-STOCK> 5,756,134
<SHARES-COMMON-PRIOR> 6,720,215
<ACCUMULATED-NII-CURRENT> 9,108
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,979,084)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,044,380)
<NET-ASSETS> 50,525,230
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,180,469
<OTHER-INCOME> 0
<EXPENSES-NET> 315,660
<NET-INVESTMENT-INCOME> 3,864,809
<REALIZED-GAINS-CURRENT> (2,363,714)
<APPREC-INCREASE-CURRENT> (1,447,721)
<NET-CHANGE-FROM-OPS> 53,374
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,887,204
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 560,786
<NUMBER-OF-SHARES-REDEEMED> 1,953,568
<SHARES-REINVESTED> 428,701
<NET-CHANGE-IN-ASSETS> (964,081)
<ACCUMULATED-NII-PRIOR> 33,319
<ACCUMULATED-GAINS-PRIOR> (617,186)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 287,542
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 315,660
<AVERAGE-NET-ASSETS> 57,430,332
<PER-SHARE-NAV-BEGIN> 9.39
<PER-SHARE-NII> 0.62
<PER-SHARE-GAIN-APPREC> (0.61)
<PER-SHARE-DIVIDEND> 0.62
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 8.78
<EXPENSE-RATIO> 0.55
</TABLE>
