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<PAGE> PAGE 13
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028 D010900 1209
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028 D030900 0
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028 E010900 1652
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028 G020900 681
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030 C000900 0.00
031 A000900 0
031 B000900 0
032 000900 0
033 000900 0
034 000900 Y
035 000900 117
036 A000900 Y
036 B000900 0
037 000900 Y
038 000900 0
039 000900 Y
040 000900 Y
<PAGE> PAGE 21
041 000900 Y
042 A000900 0
042 B000900 0
042 C000900 0
042 D000900 100
042 E000900 0
042 F000900 0
042 G000900 0
042 H000900 0
043 000900 312
044 000900 0
045 000900 Y
046 000900 Y
047 000900 Y
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048 B020900 0.550
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048 D010900 0
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048 E020900 0.000
048 F010900 0
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048 G010900 0
048 G020900 0.000
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048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 250000
048 K020900 0.500
049 000900 N
050 000900 N
051 000900 N
052 000900 N
053 A000900 Y
053 B000900 N
053 C000900 N
062 A000900 Y
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
<PAGE> PAGE 22
062 H000900 0.0
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062 O000900 14.0
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062 Q000900 61.8
062 R000900 0.0
063 A000900 0
063 B000900 22.3
064 A000900 Y
064 B000900 N
066 A000900 N
067 000900 N
068 A000900 N
068 B000900 N
069 000900 N
070 A010900 Y
070 A020900 N
070 B010900 N
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 N
070 L020900 N
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 Y
070 O010900 Y
070 O020900 N
070 P010900 N
<PAGE> PAGE 23
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900 349836
071 B000900 355527
071 C000900 115309
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<PAGE> PAGE 24
074 F000900 0
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074 M000900 14
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074 Y000900 0
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075 B000900 0
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008 A001101 NATIONSBANC ADVISORS, INC.
008 B001101 A
008 C001101 801-9999
008 D011101 CHARLOTTE
008 D021101 NC
008 D031101 28255
008 A001102 GARTMORE GLOBAL PARTNERS
008 B001102 S
008 C001102 801-9999
008 D011102 CHARLOTTE
008 D021102 NC
008 D031102 28255
015 A001101 BANK OF NEW YORK
015 B001101 C
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015 C021101 NY
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015 E011101 X
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<PAGE> PAGE 25
028 B021100 0
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034 001100 Y
035 001100 85
036 A001100 Y
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038 001100 0
039 001100 Y
040 001100 Y
041 001100 Y
042 A001100 0
042 B001100 0
042 C001100 0
042 D001100 100
042 E001100 0
042 F001100 0
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<PAGE> PAGE 26
045 001100 Y
046 001100 Y
047 001100 Y
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048 H021100 0.000
048 I011100 0
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048 J011100 0
048 J021100 0.000
048 K011100 0
048 K021100 0.000
049 001100 N
050 001100 N
051 001100 N
052 001100 N
053 A001100 N
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062 E001100 0.0
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062 P001100 0.0
062 Q001100 0.0
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<PAGE> PAGE 27
066 A001100 Y
066 D001100 Y
067 001100 N
068 A001100 N
068 B001100 Y
069 001100 N
070 A011100 Y
070 A021100 N
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 Y
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 Y
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 Y
070 J021100 Y
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
070 N011100 Y
070 N021100 Y
070 O011100 Y
070 O021100 N
070 P011100 N
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100 626343
071 B001100 885144
071 C001100 977683
071 D001100 64
072 A001100 12
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<PAGE> PAGE 28
072 F001100 9260
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072 S001100 67
072 T001100 410
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072 W001100 39
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074 N001100 1100840
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074 Q001100 0
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<PAGE> PAGE 29
074 R031100 0
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074 S001100 0
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074 U011100 59776
074 U021100 3329
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075 B001100 0
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008 A001201 NATIONSBANC ADVISORS, INC.
008 B001201 A
008 C001201 801-999999
008 D011201 CHARLOTTE
008 D021201 NC
008 D031201 28255
008 A001202 GARTMORE GLOBAL PARTNERS
008 B001202 S
008 C001202 801-999999
008 D011202 CHARLOTTE
008 D021202 NC
008 D031202 28255
015 A001201 BANK OF NEW YORK
015 B001201 C
015 C011201 NEW YORK
015 C021201 NY
015 C031201 10015
015 E011201 X
028 A011200 5439
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028 D011200 2098
028 D021200 8
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<PAGE> PAGE 30
028 E041200 29734
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034 001200 Y
035 001200 2
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037 001200 Y
038 001200 8
039 001200 Y
040 001200 Y
041 001200 Y
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042 E001200 0
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<PAGE> PAGE 31
048 F011200 0
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048 I011200 0
048 I021200 0.000
048 J011200 0
048 J021200 0.000
048 K011200 0
048 K021200 0.000
049 001200 N
050 001200 N
051 001200 N
052 001200 N
053 A001200 Y
053 B001200 N
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062 D001200 0.0
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062 F001200 0.0
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062 O001200 0.0
062 P001200 0.0
062 Q001200 0.0
062 R001200 0.0
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066 A001200 Y
066 D001200 Y
067 001200 N
068 A001200 N
068 B001200 Y
069 001200 N
070 A011200 Y
070 A021200 N
070 B011200 N
070 B021200 N
070 C011200 N
070 C021200 N
<PAGE> PAGE 32
070 D011200 N
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 N
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 Y
070 K011200 Y
070 K021200 Y
070 L011200 Y
070 L021200 Y
070 M011200 Y
070 M021200 Y
070 N011200 Y
070 N021200 Y
070 O011200 Y
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200 53992
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071 C001200 510674
071 D001200 11
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072 J001200 211
072 K001200 0
072 L001200 77
072 M001200 6
072 N001200 81
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<PAGE> PAGE 33
072 R001200 25
072 S001200 45
072 T001200 59
072 U001200 1
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072 X001200 5960
072 Y001200 0
072 Z001200 1013
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<PAGE> PAGE 34
075 B001200 0
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008 A001301 NATIONSBANC ADVISORS, INC.
008 B001301 A
008 C001301 801-999999
008 D011301 CHARLOTTE
008 D021301 NC
008 D031301 28255
008 A001302 TRADESTREET INVESTMENT ASSOCIATES, INC.
008 B001302 S
008 C001302 801-999999
008 D011302 CHARLOTTE
008 D021302 NC
008 D031302 28255
015 A001301 NATIONSBANK OF TEXAS, N.A.
015 B001301 C
015 C011301 DALLAS
015 C021301 TX
015 C031301 99999
015 E031301 X
028 A011300 6198
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028 H001300 0
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<PAGE> PAGE 35
030 B001300 0.00
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035 001300 7
036 A001300 Y
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039 001300 Y
040 001300 Y
041 001300 Y
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042 D001300 100
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042 F001300 0
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044 001300 0
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<PAGE> PAGE 36
049 001300 N
050 001300 N
051 001300 N
052 001300 N
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066 A001300 Y
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067 001300 N
068 A001300 N
068 B001300 N
069 001300 N
070 A011300 Y
070 A021300 Y
070 B011300 N
070 B021300 N
070 C011300 N
070 C021300 N
070 D011300 N
070 D021300 N
070 E011300 N
070 E021300 N
070 F011300 N
070 F021300 N
070 G011300 N
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
<PAGE> PAGE 37
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 N
070 L011300 N
070 L021300 N
070 M011300 N
070 M021300 N
070 N011300 Y
070 N021300 Y
070 O011300 Y
070 O021300 Y
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300 148238
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071 C001300 137208
071 D001300 59
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<PAGE> PAGE 38
072CC021300 0
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008 A001401 NATIONSBANC ADVISORS, INC.
008 B001401 A
008 C001401 801-999999
008 D011401 CHARLOTTE
008 D021401 NC
008 D031401 28255
008 A001402 BOATMENS CAPITAL MANAGEMENT
008 B001402 S
008 C001402 801-999999
008 D011402 CHARLOTTE
<PAGE> PAGE 39
008 D021402 NC
008 D031402 28255
015 A001401 NATIONSBANK OF TEXAS, N.A.
015 B001401 C
015 C011401 DALLAS
015 C021401 TX
015 C031401 99999
015 E031401 X
028 A011400 1024
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036 A001400 Y
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<PAGE> PAGE 40
039 001400 Y
040 001400 Y
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048 E021400 0.000
048 F011400 0
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048 I011400 0
048 I021400 0.000
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048 K011400 0
048 K021400 0.000
049 001400 N
050 001400 N
051 001400 N
052 001400 N
053 A001400 Y
053 B001400 N
053 C001400 N
062 A001400 Y
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<PAGE> PAGE 41
062 F001400 0.0
062 G001400 0.0
062 H001400 0.0
062 I001400 0.0
062 J001400 0.0
062 K001400 0.0
062 L001400 0.0
062 M001400 94.1
062 N001400 0.0
062 O001400 5.2
062 P001400 0.0
062 Q001400 0.0
062 R001400 0.0
063 A001400 0
063 B001400 11.8
064 A001400 N
066 A001400 N
067 001400 N
068 A001400 N
068 B001400 N
069 001400 N
070 A011400 Y
070 A021400 N
070 B011400 N
070 B021400 N
070 C011400 N
070 C021400 N
070 D011400 N
070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 N
070 F021400 N
070 G011400 N
070 G021400 N
070 H011400 N
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 N
070 L011400 N
070 L021400 N
070 M011400 N
070 M021400 N
070 N011400 Y
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<PAGE> PAGE 42
070 P011400 N
070 P021400 N
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070 R011400 N
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<PAGE> PAGE 43
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SIGNATURE RICHARD ROSE
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME>Nations Treasury Fund Pr-A
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME>Nations Treasury Fund Pr-B
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<SERIES>
<NUMBER>013
<NAME>Nations Treasury Fund In-A
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<SERIES>
<NUMBER>014
<NAME>Nations Treasury Fund In-B
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<SERIES>
<NUMBER>015
<NAME>Nations Treasury Fund In-C
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<SERIES>
<NUMBER>016
<NAME>Nations Treasury Fund In-D
<S> <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<SERIES>
<NUMBER>021
<NAME>Nations Prime Fund Pr-A
<S> <C>
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<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>022
<NAME>Nations Prime Fund Pr-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 5,648,203,455
<INVESTMENTS-AT-VALUE> 5,648,203,455
<RECEIVABLES> 55,737,958
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 44,308
<TOTAL-ASSETS> 5,703,985,721
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 35,145,900
<TOTAL-LIABILITIES> 103,116,966
<SENIOR-EQUITY> 0
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<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (275,879)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 8,132,336
<DIVIDEND-INCOME> 5,314,184
<INTEREST-INCOME> 315,339,647
<OTHER-INCOME> 0
<EXPENSES-NET> 23,819,384
<NET-INVESTMENT-INCOME> 296,834,447
<REALIZED-GAINS-CURRENT> (12,176)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 296,822,271
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,019,774)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 294,928,676
<NUMBER-OF-SHARES-REDEEMED> (470,877,147)
<SHARES-REINVESTED> 42,025
<NET-CHANGE-IN-ASSETS> 1,241,732,436
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (469,796)
<GROSS-ADVISORY-FEES> 11,227,974
<INTEREST-EXPENSE> 6,291
<GROSS-EXPENSE> 26,517,851
<AVERAGE-NET-ASSETS> 58,003,227
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>023
<NAME>Nations Prime Fund In-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 5,648,203,455
<INVESTMENTS-AT-VALUE> 5,648,203,455
<RECEIVABLES> 55,737,958
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 44,308
<TOTAL-ASSETS> 5,703,985,721
<PAYABLE-FOR-SECURITIES> 67,971,066
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 35,145,900
<TOTAL-LIABILITIES> 103,116,966
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,707,073,866
<SHARES-COMMON-STOCK> 1,707,014,234
<SHARES-COMMON-PRIOR> 1,157,845,110
<ACCUMULATED-NII-CURRENT> 748
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (275,879)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1,706,691,551
<DIVIDEND-INCOME> 5,314,184
<INTEREST-INCOME> 315,339,647
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<EXPENSES-NET> 23,819,384
<NET-INVESTMENT-INCOME> 296,834,447
<REALIZED-GAINS-CURRENT> (12,176)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 296,822,271
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (71,233,077)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,691,456,183
<NUMBER-OF-SHARES-REDEEMED> (4,210,795,029)
<SHARES-REINVESTED> 68,507,970
<NET-CHANGE-IN-ASSETS> 1,241,732,436
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (469,796)
<GROSS-ADVISORY-FEES> 11,227,974
<INTEREST-EXPENSE> 6,291
<GROSS-EXPENSE> 26,517,851
<AVERAGE-NET-ASSETS> 1,389,108,027
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.65
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>024
<NAME>Nations Prime Fund In-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 5,648,203,455
<INVESTMENTS-AT-VALUE> 5,648,203,455
<RECEIVABLES> 55,737,958
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 44,308
<TOTAL-ASSETS> 5,703,985,721
<PAYABLE-FOR-SECURITIES> 67,971,066
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 35,145,900
<TOTAL-LIABILITIES> 103,116,966
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 844,503,449
<SHARES-COMMON-STOCK> 844,526,472
<SHARES-COMMON-PRIOR> 381,055,205
<ACCUMULATED-NII-CURRENT> 748
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (275,879)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 844,367,534
<DIVIDEND-INCOME> 5,314,184
<INTEREST-INCOME> 315,339,647
<OTHER-INCOME> 0
<EXPENSES-NET> 23,819,384
<NET-INVESTMENT-INCOME> 296,834,447
<REALIZED-GAINS-CURRENT> (12,176)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 296,822,271
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (32,993,601)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,658,714,939
<NUMBER-OF-SHARES-REDEEMED> (4,224,135,026)
<SHARES-REINVESTED> 28,891,354
<NET-CHANGE-IN-ASSETS> 1,241,732,436
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (469,796)
<GROSS-ADVISORY-FEES> 11,227,974
<INTEREST-EXPENSE> 6,291
<GROSS-EXPENSE> 26,517,851
<AVERAGE-NET-ASSETS> 630,902,936
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>025
<NAME>Nations Prime Fund In-C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 5,648,203,455
<INVESTMENTS-AT-VALUE> 5,648,203,455
<RECEIVABLES> 55,737,958
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 44,308
<TOTAL-ASSETS> 5,703,985,721
<PAYABLE-FOR-SECURITIES> 67,971,066
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 35,145,900
<TOTAL-LIABILITIES> 103,116,966
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 96,164,079
<SHARES-COMMON-STOCK> 96,167,288
<SHARES-COMMON-PRIOR> 93,688,283
<ACCUMULATED-NII-CURRENT> 748
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (275,879)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 96,149,099
<DIVIDEND-INCOME> 5,314,184
<INTEREST-INCOME> 315,339,647
<OTHER-INCOME> 0
<EXPENSES-NET> 23,819,384
<NET-INVESTMENT-INCOME> 296,834,447
<REALIZED-GAINS-CURRENT> (12,176)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 296,822,271
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,581,466)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 232,101,957
<NUMBER-OF-SHARES-REDEEMED> (234,077,274)
<SHARES-REINVESTED> 4,454,322
<NET-CHANGE-IN-ASSETS> 1,241,732,436
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (469,796)
<GROSS-ADVISORY-FEES> 11,227,974
<INTEREST-EXPENSE> 6,291
<GROSS-EXPENSE> 26,517,851
<AVERAGE-NET-ASSETS> 87,704,299
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>026
<NAME>Nations Prime Fund In-D
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 5,648,203,455
<INVESTMENTS-AT-VALUE> 5,648,203,455
<RECEIVABLES> 55,737,958
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 44,308
<TOTAL-ASSETS> 5,703,985,721
<PAYABLE-FOR-SECURITIES> 67,971,066
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 35,145,900
<TOTAL-LIABILITIES> 103,116,966
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 92,988,601
<SHARES-COMMON-STOCK> 92,991,237
<SHARES-COMMON-PRIOR> 9,010,833
<ACCUMULATED-NII-CURRENT> 748
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (275,879)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 92,973,630
<DIVIDEND-INCOME> 5,314,184
<INTEREST-INCOME> 315,339,647
<OTHER-INCOME> 0
<EXPENSES-NET> 23,819,384
<NET-INVESTMENT-INCOME> 296,834,447
<REALIZED-GAINS-CURRENT> (12,176)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 296,822,271
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,536,429)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 686,949,012
<NUMBER-OF-SHARES-REDEEMED> (606,451,822)
<SHARES-REINVESTED> 3,483,214
<NET-CHANGE-IN-ASSETS> 1,241,732,436
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (469,796)
<GROSS-ADVISORY-FEES> 11,227,974
<INTEREST-EXPENSE> 6,291
<GROSS-EXPENSE> 26,517,851
<AVERAGE-NET-ASSETS> 71,041,489
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>071
<NAME>Nations Equity Income Fund Pr-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 922,963,141
<INVESTMENTS-AT-VALUE> 1,146,640,038
<RECEIVABLES> 4,302,397
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 6,788,179
<TOTAL-ASSETS> 1,157,730,614
<PAYABLE-FOR-SECURITIES> 959,420
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17,858,662
<TOTAL-LIABILITIES> 18,818,082
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 656,764,820
<SHARES-COMMON-STOCK> 65,661,525
<SHARES-COMMON-PRIOR> 16,319,824
<ACCUMULATED-NII-CURRENT> 334,658
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 68,150,422
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 223,676,897
<NET-ASSETS> 915,629,746
<DIVIDEND-INCOME> 17,929,014
<INTEREST-INCOME> 4,851,981
<OTHER-INCOME> 34,637
<EXPENSES-NET> 7,779,813
<NET-INVESTMENT-INCOME> 15,035,819
<REALIZED-GAINS-CURRENT> 122,323,155
<APPREC-INCREASE-CURRENT> 109,180,802
<NET-CHANGE-FROM-OPS> 246,539,776
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (11,908,693)
<DISTRIBUTIONS-OF-GAINS> (45,271,340)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 63,928,873
<NUMBER-OF-SHARES-REDEEMED> (16,153,352)
<SHARES-REINVESTED> 1,566,180
<NET-CHANGE-IN-ASSETS> 770,703,016
<ACCUMULATED-NII-PRIOR> 146,073
<ACCUMULATED-GAINS-PRIOR> 29,953,178
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,731,858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,792,080
<AVERAGE-NET-ASSETS> 540,364,376
<PER-SHARE-NAV-BEGIN> 12.30
<PER-SHARE-NII> 0.29
<PER-SHARE-GAIN-APPREC> 3.79
<PER-SHARE-DIVIDEND> (0.28)
<PER-SHARE-DISTRIBUTIONS> (2.16)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.94
<EXPENSE-RATIO> 0.86
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>072
<NAME>Nations Equity Income Fund Pr-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 922,963,141
<INVESTMENTS-AT-VALUE> 1,146,640,038
<RECEIVABLES> 4,302,397
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 6,788,179
<TOTAL-ASSETS> 1,157,730,614
<PAYABLE-FOR-SECURITIES> 959,420
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17,858,662
<TOTAL-LIABILITIES> 18,818,082
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> (337,133)
<SHARES-COMMON-STOCK> 1
<SHARES-COMMON-PRIOR> 527,388
<ACCUMULATED-NII-CURRENT> 334,658
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 68,150,422
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 223,676,897
<NET-ASSETS> 15
<DIVIDEND-INCOME> 17,929,014
<INTEREST-INCOME> 4,851,981
<OTHER-INCOME> 34,637
<EXPENSES-NET> 7,779,813
<NET-INVESTMENT-INCOME> 15,035,819
<REALIZED-GAINS-CURRENT> 122,323,155
<APPREC-INCREASE-CURRENT> 109,180,802
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (83,901)
<DISTRIBUTIONS-OF-GAINS> (846,761)
<DISTRIBUTIONS-OTHER> (0)
<NUMBER-OF-SHARES-SOLD> 69,544
<NUMBER-OF-SHARES-REDEEMED> (659,819)
<SHARES-REINVESTED> 62,888
<NET-CHANGE-IN-ASSETS> 770,703,016
<ACCUMULATED-NII-PRIOR> 146,073
<ACCUMULATED-GAINS-PRIOR> 29,953,178
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,731,858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,792,080
<AVERAGE-NET-ASSETS> 4,942,817
<PER-SHARE-NAV-BEGIN> 12.30
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> 3.75
<PER-SHARE-DIVIDEND> (0.19)
<PER-SHARE-DISTRIBUTIONS> (2.16)
<RETURNS-OF-CAPITAL> (0.00)
<PER-SHARE-NAV-END> 13.94
<EXPENSE-RATIO> 1.36
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>073
<NAME>Nations Equity Income Fund In-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 922,963,141
<INVESTMENTS-AT-VALUE> 1,146,640,038
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<TOTAL-ASSETS> 1,157,730,614
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17,858,662
<TOTAL-LIABILITIES> 18,818,082
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 56,754,964
<SHARES-COMMON-STOCK> 4,895,379
<SHARES-COMMON-PRIOR> 3,906,169
<ACCUMULATED-NII-CURRENT> 334,658
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 68,150,422
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 223,676,897
<NET-ASSETS> 68,005,666
<DIVIDEND-INCOME> 17,929,014
<INTEREST-INCOME> 4,851,981
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<EXPENSES-NET> 7,779,813
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<REALIZED-GAINS-CURRENT> 122,323,155
<APPREC-INCREASE-CURRENT> 109,180,802
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,137,570)
<DISTRIBUTIONS-OF-GAINS> (9,122,280)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,432,468
<NUMBER-OF-SHARES-REDEEMED> (1,231,066)
<SHARES-REINVESTED> 787,808
<NET-CHANGE-IN-ASSETS> 770,703,016
<ACCUMULATED-NII-PRIOR> 146,073
<ACCUMULATED-GAINS-PRIOR> 29,953,178
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,731,858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,792,080
<AVERAGE-NET-ASSETS> 59,558,693
<PER-SHARE-NAV-BEGIN> 12.26
<PER-SHARE-NII> 0.26
<PER-SHARE-GAIN-APPREC> 3.77
<PER-SHARE-DIVIDEND> (0.24)
<PER-SHARE-DISTRIBUTIONS> (2.16)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.89
<EXPENSE-RATIO> 1.11
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<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>074
<NAME>Nations Equity Income Fund In-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 922,963,141
<INVESTMENTS-AT-VALUE> 1,146,640,038
<RECEIVABLES> 4,302,397
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 6,788,179
<TOTAL-ASSETS> 1,157,730,614
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<SENIOR-LONG-TERM-DEBT> 0
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<SENIOR-EQUITY> 0
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<ACCUMULATED-NET-GAINS> 68,150,422
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 223,676,897
<NET-ASSETS> 144,928,916
<DIVIDEND-INCOME> 17,929,014
<INTEREST-INCOME> 4,851,981
<OTHER-INCOME> 34,637
<EXPENSES-NET> 7,779,813
<NET-INVESTMENT-INCOME> 15,035,819
<REALIZED-GAINS-CURRENT> 122,323,155
<APPREC-INCREASE-CURRENT> 109,180,802
<NET-CHANGE-FROM-OPS> 246,539,776
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,602,722)
<DISTRIBUTIONS-OF-GAINS> (19,537,593)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,701,741
<NUMBER-OF-SHARES-REDEEMED> (1,751,345)
<SHARES-REINVESTED> 1,674,562
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<OVERDIST-NET-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 7,792,080
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<PER-SHARE-NII> 0.17
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<PER-SHARE-DIVIDEND> (0.16)
<PER-SHARE-DISTRIBUTIONS> (2.16)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.87
<EXPENSE-RATIO> 1.78
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>075
<NAME>Nations Equity Income Fund In-C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 922,963,141
<INVESTMENTS-AT-VALUE> 1,146,640,038
<RECEIVABLES> 4,302,397
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<TOTAL-ASSETS> 1,157,730,614
<PAYABLE-FOR-SECURITIES> 959,420
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17,858,662
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<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,442,764
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<SHARES-COMMON-PRIOR> 405,405
<ACCUMULATED-NII-CURRENT> 334,658
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 68,150,422
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 223,676,897
<NET-ASSETS> 10,348,189
<DIVIDEND-INCOME> 17,929,014
<INTEREST-INCOME> 4,851,981
<OTHER-INCOME> 34,637
<EXPENSES-NET> 7,779,813
<NET-INVESTMENT-INCOME> 15,035,819
<REALIZED-GAINS-CURRENT> 122,323,155
<APPREC-INCREASE-CURRENT> 109,180,802
<NET-CHANGE-FROM-OPS> 246,539,776
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (114,348)
<DISTRIBUTIONS-OF-GAINS> (1,368,307)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 491,783
<NUMBER-OF-SHARES-REDEEMED> (276,478)
<SHARES-REINVESTED> 117,678
<NET-CHANGE-IN-ASSETS> 770,703,016
<ACCUMULATED-NII-PRIOR> 146,073
<ACCUMULATED-GAINS-PRIOR> 29,953,178
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,731,858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,792,080
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<PER-SHARE-NAV-BEGIN> 12.35
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 3.83
<PER-SHARE-DIVIDEND> (0.19)
<PER-SHARE-DISTRIBUTIONS> (2.16)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 14.01
<EXPENSE-RATIO> 1.69
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>091
<NAME>Nations Government Securities Fund Pr-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 117,874,218
<INVESTMENTS-AT-VALUE> 118,356,607
<RECEIVABLES> 1,410,264
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 33,101
<TOTAL-ASSETS> 119,799,972
<PAYABLE-FOR-SECURITIES> 1,047,243
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,321,089
<TOTAL-LIABILITIES> 2,368,332
<SENIOR-EQUITY> 0
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<SHARES-COMMON-PRIOR> 5,604,487
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (340,498)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,949,159)
<ACCUM-APPREC-OR-DEPREC> 482,389
<NET-ASSETS> 75,795,897
<DIVIDEND-INCOME> 49,774
<INTEREST-INCOME> 7,749,541
<OTHER-INCOME> 0
<EXPENSES-NET> 1,348,233
<NET-INVESTMENT-INCOME> 6,516,923
<REALIZED-GAINS-CURRENT> 5,089,950
<APPREC-INCREASE-CURRENT> 1,509,869
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<DISTRIBUTIONS-OF-INCOME> (4,157,969)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,291,851
<NUMBER-OF-SHARES-REDEEMED> (4,264,966)
<SHARES-REINVESTED> 22,160
<NET-CHANGE-IN-ASSETS> 13,576,444
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (340,498)
<OVERDIST-NET-GAINS-PRIOR> (10,473,882)
<GROSS-ADVISORY-FEES> 767,133
<INTEREST-EXPENSE> 2,821
<GROSS-EXPENSE> 1,513,200
<AVERAGE-NET-ASSETS> 74,127,673
<PER-SHARE-NAV-BEGIN> 9.39
<PER-SHARE-NII> 0.56
<PER-SHARE-GAIN-APPREC> 0.49
<PER-SHARE-DIVIDEND> (0.55)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.90
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>092
<NAME>Nations Government Securities Fund Pr-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 117,874,218
<INVESTMENTS-AT-VALUE> 118,356,607
<RECEIVABLES> 1,410,264
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 33,101
<TOTAL-ASSETS> 119,799,972
<PAYABLE-FOR-SECURITIES> 1,047,243
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,321,089
<TOTAL-LIABILITIES> 2,368,332
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> (12,842)
<SHARES-COMMON-STOCK> 1
<SHARES-COMMON-PRIOR> 80,478
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (340,498)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,949,159)
<ACCUM-APPREC-OR-DEPREC> 482,389
<NET-ASSETS> 10
<DIVIDEND-INCOME> 49,774
<INTEREST-INCOME> 7,749,541
<OTHER-INCOME> 0
<EXPENSES-NET> 1,348,233
<NET-INVESTMENT-INCOME> 6,516,923
<REALIZED-GAINS-CURRENT> 5,089,950
<APPREC-INCREASE-CURRENT> 1,509,869
<NET-CHANGE-FROM-OPS> 13,116,742
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (30,884)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,667
<NUMBER-OF-SHARES-REDEEMED> (91,699)
<SHARES-REINVESTED> 555
<NET-CHANGE-IN-ASSETS> 13,576,444
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (340,498)
<OVERDIST-NET-GAINS-PRIOR> (10,473,882)
<GROSS-ADVISORY-FEES> 767,133
<INTEREST-EXPENSE> 2,821
<GROSS-EXPENSE> 1,513,200
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<PER-SHARE-NAV-BEGIN> 9.39
<PER-SHARE-NII> 936.77
<PER-SHARE-GAIN-APPREC> (935.85)
<PER-SHARE-DIVIDEND> (0.41)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.90
<EXPENSE-RATIO> 1.35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>093
<NAME>Nations Government Securities Fund In-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 117,874,218
<INVESTMENTS-AT-VALUE> 118,356,607
<RECEIVABLES> 1,410,264
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 33,101
<TOTAL-ASSETS> 119,799,972
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,321,089
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<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,551,957
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<SHARES-COMMON-PRIOR> 1,049,631
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (340,498)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,949,159)
<ACCUM-APPREC-OR-DEPREC> 482,389
<NET-ASSETS> 8,509,472
<DIVIDEND-INCOME> 49,774
<INTEREST-INCOME> 7,749,541
<OTHER-INCOME> 0
<EXPENSES-NET> 1,348,233
<NET-INVESTMENT-INCOME> 6,516,923
<REALIZED-GAINS-CURRENT> 5,089,950
<APPREC-INCREASE-CURRENT> 1,509,869
<NET-CHANGE-FROM-OPS> 13,116,742
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<DISTRIBUTIONS-OF-INCOME> (547,021)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 224,590
<NUMBER-OF-SHARES-REDEEMED> (446,492)
<SHARES-REINVESTED> 31,491
<NET-CHANGE-IN-ASSETS> 13,576,444
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (340,498)
<OVERDIST-NET-GAINS-PRIOR> (10,473,882)
<GROSS-ADVISORY-FEES> 767,133
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<GROSS-EXPENSE> 1,513,200
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<PER-SHARE-DIVIDEND> (0.52)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.90
<EXPENSE-RATIO> 1.10
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>094
<NAME>Nations Government Securities Fund In-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 117,874,218
<INVESTMENTS-AT-VALUE> 118,356,607
<RECEIVABLES> 1,410,264
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 33,101
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<OTHER-ITEMS-LIABILITIES> 1,321,089
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<OVERDISTRIBUTION-GAINS> (7,949,159)
<ACCUM-APPREC-OR-DEPREC> 482,389
<NET-ASSETS> 32,391,222
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<REALIZED-GAINS-CURRENT> 5,089,950
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<NUMBER-OF-SHARES-SOLD> 65,241
<NUMBER-OF-SHARES-REDEEMED> (1,032,559)
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<NET-CHANGE-IN-ASSETS> 13,576,444
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (340,498)
<OVERDIST-NET-GAINS-PRIOR> (10,473,882)
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<PER-SHARE-DIVIDEND> (0.47)
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<PER-SHARE-NAV-END> 9.90
<EXPENSE-RATIO> 1.63
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>095
<NAME>Nations Government Securities Fund In-C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 117,874,218
<INVESTMENTS-AT-VALUE> 118,356,607
<RECEIVABLES> 1,410,264
<ASSETS-OTHER> 0
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<PAID-IN-CAPITAL-COMMON> 1,201,632
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<ACCUMULATED-NII-CURRENT> 0
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<OVERDISTRIBUTION-GAINS> (7,949,159)
<ACCUM-APPREC-OR-DEPREC> 482,389
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<DISTRIBUTIONS-OF-INCOME> (69,913)
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<NUMBER-OF-SHARES-SOLD> 409
<NUMBER-OF-SHARES-REDEEMED> (125,939)
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<NET-CHANGE-IN-ASSETS> 13,576,444
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> (340,498)
<OVERDIST-NET-GAINS-PRIOR> (10,473,882)
<GROSS-ADVISORY-FEES> 767,133
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<GROSS-EXPENSE> 1,513,200
<AVERAGE-NET-ASSETS> 1,391,624
<PER-SHARE-NAV-BEGIN> 9.39
<PER-SHARE-NII> 0.26
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<PER-SHARE-DIVIDEND> (0.48)
<PER-SHARE-DISTRIBUTIONS> 0.00
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<PER-SHARE-NAV-END> 9.90
<EXPENSE-RATIO> 1.58
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>111
<NAME>Nations International Equity Fund Pr-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 689,767,709
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<RECEIVABLES> 4,785,388
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 42,709,908
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<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,629,940
<TOTAL-LIABILITIES> 3,629,940
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 700,143,805
<SHARES-COMMON-STOCK> 59,776,205
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<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (5,384,256)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (86,195)
<ACCUM-APPREC-OR-DEPREC> 200,115,391
<NET-ASSETS> 885,328,974
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<INTEREST-INCOME> 2,065,725
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<EXPENSES-NET> 12,109,779
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<REALIZED-GAINS-CURRENT> 28,466,407
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<NUMBER-OF-SHARES-SOLD> 16,261,463
<NUMBER-OF-SHARES-REDEEMED> (31,547,092)
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<NET-CHANGE-IN-ASSETS> (95,627,559)
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<GROSS-EXPENSE> 12,109,779
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<PER-SHARE-GAIN-APPREC> 1.95
<PER-SHARE-DIVIDEND> (0.22)
<PER-SHARE-DISTRIBUTIONS> (0.16)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 14.81
<EXPENSE-RATIO> 1.14
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>112
<NAME>Nations International Equity Fund Pr-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 689,767,709
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>113
<NAME>Nations International Equity Fund In-A
<S> <C>
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<NUMBER-OF-SHARES-REDEEMED> (2,283,782)
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<PER-SHARE-DIVIDEND> (0.19)
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<PER-SHARE-NAV-END> 14.67
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<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>114
<NAME>Nations International Equity Fund In-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 689,767,709
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<NUMBER-OF-SHARES-REDEEMED> (656,611)
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<OVERDIST-NET-GAINS-PRIOR> (4,702,715)
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>115
<NAME>Nations International Equity Fund In-C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 689,767,709
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<OVERDIST-NET-GAINS-PRIOR> (4,702,715)
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<GROSS-EXPENSE> 12,109,779
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<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>121
<NAME>Nations International Growth Fund Pr-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 279,254,020
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<PER-SHARE-DISTRIBUTIONS> (0.34)
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<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>122
<NAME>Nations International Growth Fund In-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 279,254,020
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<DISTRIBUTIONS-OF-GAINS> (474,429)
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<NUMBER-OF-SHARES-SOLD> 360,796
<NUMBER-OF-SHARES-REDEEMED> (573,834)
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<NET-CHANGE-IN-ASSETS> (301,899,670)
<ACCUMULATED-NII-PRIOR> 2,415,558
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<PER-SHARE-NII> (0.01)
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<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.34)
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<PER-SHARE-NAV-END> 19.21
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<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>123
<NAME>Nations International Growth Fund In-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 279,254,020
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<NET-INVESTMENT-INCOME> 1,013,265
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<NUMBER-OF-SHARES-SOLD> 27,001
<NUMBER-OF-SHARES-REDEEMED> (31,750)
<SHARES-REINVESTED> 324
<NET-CHANGE-IN-ASSETS> (301,899,670)
<ACCUMULATED-NII-PRIOR> 2,415,558
<ACCUMULATED-GAINS-PRIOR> 10,560,333
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<OVERDIST-NET-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 6,105,286
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<PER-SHARE-NII> (0.12)
<PER-SHARE-GAIN-APPREC> 1.25
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.34)
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<PER-SHARE-NAV-END> 19.11
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<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>124
<NAME>Nations International Growth Fund In-C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 279,254,020
<INVESTMENTS-AT-VALUE> 412,382,303
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<OTHER-ITEMS-ASSETS> 20,742,616
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 132,914,244
<NET-ASSETS> 465,341
<DIVIDEND-INCOME> 6,407,430
<INTEREST-INCOME> 430,734
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<EXPENSES-NET> 5,960,081
<NET-INVESTMENT-INCOME> 1,013,265
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<DISTRIBUTIONS-OF-GAINS> (9,640)
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<NUMBER-OF-SHARES-SOLD> 29,720
<NUMBER-OF-SHARES-REDEEMED> (6,240)
<SHARES-REINVESTED> 480
<NET-CHANGE-IN-ASSETS> (301,899,670)
<ACCUMULATED-NII-PRIOR> 2,415,558
<ACCUMULATED-GAINS-PRIOR> 10,560,333
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<PER-SHARE-NII> (0.09)
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<PER-SHARE-NAV-END> 19.42
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<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>131
<NAME>Nations Small Company Growth Fund Pr-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 204,122,821
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<OTHER-ITEMS-ASSETS> 8,798,997
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<TOTAL-LIABILITIES> 13,724,158
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 177,667,892
<SHARES-COMMON-STOCK> 14,911,034
<SHARES-COMMON-PRIOR> 9,065,316
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (37,057)
<ACCUMULATED-NET-GAINS> 12,081,297
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 48,709,513
<NET-ASSETS> 235,426,998
<DIVIDEND-INCOME> 970,310
<INTEREST-INCOME> 377,271
<OTHER-INCOME> 36,285
<EXPENSES-NET> 1,360,387
<NET-INVESTMENT-INCOME> 23,479
<REALIZED-GAINS-CURRENT> 20,875,769
<APPREC-INCREASE-CURRENT> 34,466,663
<NET-CHANGE-FROM-OPS> 55,365,911
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (57,798)
<DISTRIBUTIONS-OF-GAINS> (6,838,543)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,152,651
<NUMBER-OF-SHARES-REDEEMED> (3,417,491)
<SHARES-REINVESTED> 110,558
<NET-CHANGE-IN-ASSETS> 132,922,299
<ACCUMULATED-NII-PRIOR> 890
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1,479,742)
<GROSS-ADVISORY-FEES> 1,378,986
<INTEREST-EXPENSE> 3,060
<GROSS-EXPENSE> 1,780,277
<AVERAGE-NET-ASSETS> 149,427,461
<PER-SHARE-NAV-BEGIN> 12.07
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 4.43
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (0.71)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.79
<EXPENSE-RATIO> 0.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>132
<NAME>Nations Small Company Growth Fund In-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 204,122,821
<INVESTMENTS-AT-VALUE> 252,832,334
<RECEIVABLES> 797,978
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 8,798,997
<TOTAL-ASSETS> 262,429,309
<PAYABLE-FOR-SECURITIES> 4,745,200
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,978,958
<TOTAL-LIABILITIES> 13,724,158
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,142,158
<SHARES-COMMON-STOCK> 430,327
<SHARES-COMMON-PRIOR> 306,758
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (29,655)
<ACCUMULATED-NET-GAINS> 12,081,297
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 48,709,513
<NET-ASSETS> 6,771,642
<DIVIDEND-INCOME> 970,310
<INTEREST-INCOME> 377,271
<OTHER-INCOME> 36,285
<EXPENSES-NET> 1,360,387
<NET-INVESTMENT-INCOME> 23,479
<REALIZED-GAINS-CURRENT> 20,875,769
<APPREC-INCREASE-CURRENT> 34,466,663
<NET-CHANGE-FROM-OPS> 55,365,911
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (270,789)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 233,530
<NUMBER-OF-SHARES-REDEEMED> (128,161)
<SHARES-REINVESTED> 18,200
<NET-CHANGE-IN-ASSETS> 132,922,299
<ACCUMULATED-NII-PRIOR> 890
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1,479,742)
<GROSS-ADVISORY-FEES> 1,378,986
<INTEREST-EXPENSE> 3,060
<GROSS-EXPENSE> 1,780,277
<AVERAGE-NET-ASSETS> 5,167,305
<PER-SHARE-NAV-BEGIN> 12.05
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 4.42
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.71)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.74
<EXPENSE-RATIO> 1.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>133
<NAME>Nations Small Company Growth Fund In-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 204,122,821
<INVESTMENTS-AT-VALUE> 252,832,334
<RECEIVABLES> 797,978
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 8,798,997
<TOTAL-ASSETS> 262,429,309
<PAYABLE-FOR-SECURITIES> 4,745,200
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,978,958
<TOTAL-LIABILITIES> 13,724,158
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,125,654
<SHARES-COMMON-STOCK> 214,062
<SHARES-COMMON-PRIOR> 216,116
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (29,655)
<ACCUMULATED-NET-GAINS> 12,081,151
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 48,709,513
<NET-ASSETS> 3,384,242
<DIVIDEND-INCOME> 970,310
<INTEREST-INCOME> 377,271
<OTHER-INCOME> 36,285
<EXPENSES-NET> 1,360,387
<NET-INVESTMENT-INCOME> 23,479
<REALIZED-GAINS-CURRENT> 20,875,769
<APPREC-INCREASE-CURRENT> 34,466,663
<NET-CHANGE-FROM-OPS> 55,365,911
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (51,935)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 223,789
<NUMBER-OF-SHARES-REDEEMED> (229,421)
<SHARES-REINVESTED> 3,578
<NET-CHANGE-IN-ASSETS> 132,922,299
<ACCUMULATED-NII-PRIOR> 890
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1,479,742)
<GROSS-ADVISORY-FEES> 1,378,986
<INTEREST-EXPENSE> 3,060
<GROSS-EXPENSE> 1,780,277
<AVERAGE-NET-ASSETS> 2,306,516
<PER-SHARE-NAV-BEGIN> 12.03
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 4.35
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.71)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.59
<EXPENSE-RATIO> 1.87
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>134
<NAME>Nations Small Company Growth Fund In-C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 204,122,821
<INVESTMENTS-AT-VALUE> 252,832,334
<RECEIVABLES> 797,978
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 8,798,997
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<PAYABLE-FOR-SECURITIES> 4,745,200
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,978,958
<TOTAL-LIABILITIES> 13,724,158
<SENIOR-EQUITY> 0
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<ACCUMULATED-NII-CURRENT> 0
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 48,709,513
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<DIVIDEND-INCOME> 970,310
<INTEREST-INCOME> 377,271
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<EXPENSES-NET> 1,360,387
<NET-INVESTMENT-INCOME> 23,479
<REALIZED-GAINS-CURRENT> 20,875,769
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<NET-CHANGE-FROM-OPS> 55,365,911
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<DISTRIBUTIONS-OF-INCOME> 0
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<NUMBER-OF-SHARES-SOLD> 224,505
<NUMBER-OF-SHARES-REDEEMED> (36,493)
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<NET-CHANGE-IN-ASSETS> 132,922,299
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<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1,479,742)
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<INTEREST-EXPENSE> 3,060
<GROSS-EXPENSE> 1,780,277
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<PER-SHARE-NII> (0.08)
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<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.71)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.74
<EXPENSE-RATIO> 1.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>141
<NAME>Nations U.S. Government Bond Fund Pr-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 268,141,212
<INVESTMENTS-AT-VALUE> 265,692,829
<RECEIVABLES> 3,566,048
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> (11,909)
<TOTAL-ASSETS> 269,246,968
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,555,825
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<SENIOR-EQUITY> 0
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,448,383)
<NET-ASSETS> 263,427,711
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<INTEREST-INCOME> 8,441,401
<OTHER-INCOME> 26,392
<EXPENSES-NET> 881,997
<NET-INVESTMENT-INCOME> 7,601,719
<REALIZED-GAINS-CURRENT> 6,490,514
<APPREC-INCREASE-CURRENT> (2,480,110)
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,479,447)
<DISTRIBUTIONS-OF-GAINS> (1,853,373)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,486,805
<NUMBER-OF-SHARES-REDEEMED> (2,714,526)
<SHARES-REINVESTED> 102,328
<NET-CHANGE-IN-ASSETS> 117,345,883
<ACCUMULATED-NII-PRIOR> 22,072
<ACCUMULATED-GAINS-PRIOR> 626,987
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-EXPENSE> 1,267,279
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<PER-SHARE-GAIN-APPREC> 0.31
<PER-SHARE-DIVIDEND> (0.48)
<PER-SHARE-DISTRIBUTIONS> (0.13)
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<PER-SHARE-NAV-END> 10.37
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>142
<NAME>Nations U.S. Government Bond Fund In-A
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 268,141,212
<INVESTMENTS-AT-VALUE> 265,692,829
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<SENIOR-LONG-TERM-DEBT> 0
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<PAID-IN-CAPITAL-COMMON> 1,906,845
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<ACCUMULATED-NET-GAINS> 6,028,341
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,448,383)
<NET-ASSETS> 1,927,267
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<INTEREST-INCOME> 8,441,401
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<EXPENSES-NET> 881,997
<NET-INVESTMENT-INCOME> 7,601,719
<REALIZED-GAINS-CURRENT> 6,490,514
<APPREC-INCREASE-CURRENT> (2,480,110)
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (57,056)
<DISTRIBUTIONS-OF-GAINS> (15,510)
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<NUMBER-OF-SHARES-SOLD> 168,236
<NUMBER-OF-SHARES-REDEEMED> (58,768)
<SHARES-REINVESTED> 4,440
<NET-CHANGE-IN-ASSETS> 117,345,883
<ACCUMULATED-NII-PRIOR> 22,072
<ACCUMULATED-GAINS-PRIOR> 626,987
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 869,202
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<GROSS-EXPENSE> 1,267,279
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<PER-SHARE-NAV-BEGIN> 10.20
<PER-SHARE-NII> 0.46
<PER-SHARE-GAIN-APPREC> 0.30
<PER-SHARE-DIVIDEND> (0.46)
<PER-SHARE-DISTRIBUTIONS> (0.13)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.37
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>143
<NAME>Nations U.S. Government Bond Fund In-B
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 268,141,212
<INVESTMENTS-AT-VALUE> 265,692,829
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<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> (11,909)
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<SENIOR-LONG-TERM-DEBT> 0
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<ACCUMULATED-NET-GAINS> 6,028,341
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,448,383)
<NET-ASSETS> 1,004,352
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<INTEREST-INCOME> 8,441,401
<OTHER-INCOME> 26,392
<EXPENSES-NET> 881,997
<NET-INVESTMENT-INCOME> 7,601,719
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<NUMBER-OF-SHARES-SOLD> 97,385
<NUMBER-OF-SHARES-REDEEMED> (152,592)
<SHARES-REINVESTED> 1,972
<NET-CHANGE-IN-ASSETS> 117,345,883
<ACCUMULATED-NII-PRIOR> 22,072
<ACCUMULATED-GAINS-PRIOR> 626,987
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<OVERDIST-NET-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 1,267,279
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<PER-SHARE-NAV-BEGIN> 10.19
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<PER-SHARE-DIVIDEND> (0.41)
<PER-SHARE-DISTRIBUTIONS> (0.13)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.37
<EXPENSE-RATIO> 1.52
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER>144
<NAME>Nations U.S. Government Bond Fund In-C
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-1998
<PERIOD-END> MAR-31-1998
<INVESTMENTS-AT-COST> 268,141,212
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<RECEIVABLES> 3,566,048
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<SENIOR-LONG-TERM-DEBT> 0
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<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,331,956
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<ACCUMULATED-NII-CURRENT> 27,418
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<ACCUMULATED-NET-GAINS> 6,028,341
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,448,383)
<NET-ASSETS> 1,331,812
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<EXPENSES-NET> 881,997
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<NUMBER-OF-SHARES-SOLD> 145,639
<NUMBER-OF-SHARES-REDEEMED> (19,635)
<SHARES-REINVESTED> 2,434
<NET-CHANGE-IN-ASSETS> 117,345,883
<ACCUMULATED-NII-PRIOR> 22,072
<ACCUMULATED-GAINS-PRIOR> 626,987
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<GROSS-ADVISORY-FEES> 869,202
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<GROSS-EXPENSE> 1,267,279
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<PER-SHARE-NAV-BEGIN> 10.41
<PER-SHARE-NII> 0.24
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<PER-SHARE-NAV-END> 10.37
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<AVG-DEBT-PER-SHARE> 0.0000
</TABLE>
