<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
<NUMBER> 9
<NAME> SHORT-TERM GOVERNMENT SECURITIES FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 67,660,719
<INVESTMENTS-AT-VALUE> 66,787,573
<RECEIVABLES> 806,615
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 2,312
<TOTAL-ASSETS> 67,596,500
<PAYABLE-FOR-SECURITIES> 3,475,197
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,814,103
<TOTAL-LIABILITIES> 8,289,300
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 60,678,454
<SHARES-COMMON-STOCK> 8,626,895
<SHARES-COMMON-PRIOR> 7,473,792
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,884)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (496,224)
<ACCUM-APPREC-OR-DEPREC> (873,146)
<NET-ASSETS> 59,307,200
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,389,826
<OTHER-INCOME> 0
<EXPENSES-NET> 327,315
<NET-INVESTMENT-INCOME> 3,062,511
<REALIZED-GAINS-CURRENT> (518,006)
<APPREC-INCREASE-CURRENT> (681,513)
<NET-CHANGE-FROM-OPS> 1,862,992
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,062,511)
<DISTRIBUTIONS-OF-GAINS> (159,335)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 19,559,354
<NUMBER-OF-SHARES-REDEEMED> (18,490,692)
<SHARES-REINVESTED> 84,441
<NET-CHANGE-IN-ASSETS> 6,717,926
<ACCUMULATED-NII-PRIOR> 19,896
<ACCUMULATED-GAINS-PRIOR> 164,459
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 181,049
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 374,753
<AVERAGE-NET-ASSETS> 60,345,082
<PER-SHARE-NAV-BEGIN> 7.04
<PER-SHARE-NII> 0.35
<PER-SHARE-GAIN-APPREC> (0.15)
<PER-SHARE-DIVIDEND> (0.35)
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6.87
<EXPENSE-RATIO> 0.54
</TABLE>
