<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000751200
<NAME> EXCELSIOR FUNDS, INC.
<SERIES>
<NUMBER> 12
<NAME> VALUE AND RESTRUCTURING FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-START> APR-01-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 1,130,419,581
<INVESTMENTS-AT-VALUE> 1,530,097,700
<RECEIVABLES> 3,742,302
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 13,306
<TOTAL-ASSETS> 1,533,853,308
<PAYABLE-FOR-SECURITIES> 15,170,718
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,665,586
<TOTAL-LIABILITIES> 23,836,304
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,129,845,048
<SHARES-COMMON-STOCK> 45,513,986
<SHARES-COMMON-PRIOR> 35,617,956
<ACCUMULATED-NII-CURRENT> 823,622
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (20,329,730)
<ACCUM-APPREC-OR-DEPREC> 399,678,064
<NET-ASSETS> 1,510,017,004
<DIVIDEND-INCOME> 27,886,527
<INTEREST-INCOME> 1,052,586
<OTHER-INCOME> 0
<EXPENSES-NET> (6,062,750)
<NET-INVESTMENT-INCOME> 22,876,363
<REALIZED-GAINS-CURRENT> 705,797
<APPREC-INCREASE-CURRENT> (22,120,998)
<NET-CHANGE-FROM-OPS> 1,461,162
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (22,421,053)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,602,669
<NUMBER-OF-SHARES-REDEEMED> (4,144,668)
<SHARES-REINVESTED> 438,029
<NET-CHANGE-IN-ASSETS> 302,772,711
<ACCUMULATED-NII-PRIOR> 368,312
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (21,035,527)
<GROSS-ADVISORY-FEES> 4,067,538
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,767,588
<AVERAGE-NET-ASSETS> 1,343,495,159
<PER-SHARE-NAV-BEGIN> 33.89
<PER-SHARE-NII> 0.56
<PER-SHARE-GAIN-APPREC> (0.72)
<PER-SHARE-DIVIDEND> (0.55)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 33.18
<EXPENSE-RATIO> 0.90
</TABLE>
