<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000775180
<NAME> PBHG FUNDS
<SERIES>
<NUMBER> 160
<NAME> FOCUSED VALUE FUND
<MULTIPLIER> 1000
<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> 43683
<INVESTMENTS-AT-VALUE> 45757
<RECEIVABLES> 1136
<ASSETS-OTHER> 183
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 47076
<PAYABLE-FOR-SECURITIES> 3589
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 53
<TOTAL-LIABILITIES> 3642
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 40305
<SHARES-COMMON-STOCK> 2409
<SHARES-COMMON-PRIOR> 1218
<ACCUMULATED-NII-CURRENT> 41
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1014
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2074
<NET-ASSETS> 43434
<DIVIDEND-INCOME> 180
<INTEREST-INCOME> 100
<OTHER-INCOME> 0
<EXPENSES-NET> (239)
<NET-INVESTMENT-INCOME> 41
<REALIZED-GAINS-CURRENT> (138)
<APPREC-INCREASE-CURRENT> (347)
<NET-CHANGE-FROM-OPS> (444)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3077
<NUMBER-OF-SHARES-REDEEMED> (1886)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 20878
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1152
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 154
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 239
<AVERAGE-NET-ASSETS> 36109
<PER-SHARE-NAV-BEGIN> 18.51
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> (0.50)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 18.03
<EXPENSE-RATIO> 1.32
</TABLE>
