GALAXY FUND /DE/
NSAR-A, 1997-06-25
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<PAGE>      PAGE  1
000 A000000 04/30/97
000 C000000 0000791914
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 THE GALAXY FUND
001 B000000 811-4636
001 C000000 5086245944
002 A000000 4400 COMPUTER DRIVE
002 B000000 WESTBORO
002 C000000 MA
002 D010000 01581
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 24
007 C010100  1
007 C020100 MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 GOVERNMENT FUND
007 C030200 N
007 C010300  3
007 C020300 EQUITY VALUE FUND
007 C030300 N
007 C010400  4
007 C020400 INTERMEDIATE GOVERNMENT INCOME FUND
007 C030400 N
007 C010500  5
007 C020500 TAX-EXEMPT FUND
007 C030500 N
007 C010600  6
007 C020600 U.S. TREASURY FUND
007 C030600 N
007 C010700  7
007 C020700 INTERNATIONAL EQUITY FUND
007 C030700 N
007 C010800  8
007 C020800 EQUITY GROWTH FUND
007 C030800 N
007 C010900  9
007 C020900 EQUITY INCOME FUND
007 C030900 N
007 C011000 10
007 C021000 HIGH QUALITY BOND FUND
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 SHORT TERM BOND FUND
007 C031100 N
007 C011200 12
007 C021200 TAX-EXEMPT BOND FUND
007 C031200 N
007 C011300 13
007 C021300 NEW YORK MUNICIPAL BOND FUND
007 C031300 N
007 C011400 14
007 C021400 ASSET ALLOCATION FUND
007 C031400 N
007 C011500 15
007 C021500 SMALL COMPANY EQUITY FUND
007 C031500 N
007 C011600 16
007 C021600 MASSACHUSETTS MUNICIPAL BOND FUND
007 C031600 N
007 C011700 17
007 C021700 CONNECTICUT MUNICIPAL BOND FUND
007 C031700 N
007 C011800 18
007 C021800 INSTITUTIONAL TREASURY MONEY MARKET FUND
007 C031800 N
007 C011900 19
007 C021900 CORPORATE BOND FUND
007 C031900 N
007 C012000 20
007 C022000 RHODE ISLAND MUNICIPAL BOND FUND
007 C032000 N
007 C012100 21
007 C022100 GROWTH AND INCOME
007 C032100 N
007 C012200 22
007 C022200 SMALL CAP VALUE
007 C032200 N
007 C012300 23
007 C022300 MASSACHUSETTS MUNICIPAL MONEY MARKET
007 C032300 N
007 C012400 24
007 C022400 CONNECTICUT MUNICIPAL MONEY MARKET
007 C032400 N
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
010 A00AA01 FIRST DATA INVESTOR SERVICES GROUP, INC.
010 B00AA01 84-01761
<PAGE>      PAGE  3
010 C01AA01 WESTBORO
010 C02AA01 MA
010 C03AA01 01581
011 A00AA01 FIRST DATA DISTRIBUTORS, INC.
011 B00AA01 8-00000000
011 C01AA01 WESTBORO
011 C02AA01 MA
011 C03AA01 01581
012 A00AA01 FIRST DATA INVESTOR SERVICES GROUP, INC.
012 B00AA01 84-01761
012 C01AA01 WESTBORO
012 C02AA01 MA
012 C03AA01 01581
013 A00AA01 COOPERS & LYBRAND LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 FLEET BROKERAGE SECURITIES, INC.
014 B00AA01 8-00000000
014 A00AA02 FLEET SECURITIES, INC.
014 B00AA02 8-00000000
014 A00AA03 FIS SECURITIES, INC.
014 B00AA03 8-00000000
014 A00AA04 FLEET ASSOCIATES, INC.
014 B00AA04 8-00000000
014 A00AA05 FLEET ENTERPRISES, INC.
014 B00AA05 8-00000000
014 A00AA06 FMG SECURITIES CORP.
014 B00AA06 8-00000000
014 A00AA07 FLEET CLEARING CORP.
014 B00AA07 8-00000000
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   33
019 C00AA00 GALAXYFUND
020 A000001 CORRESPONDENT SERVICES
020 C000001    152
020 A000002 BRIDGE TRADING
020 B000002 43-1034850
020 C000002    152
020 A000003 MORGAN STANLEY & CO.
020 B000003 13-2655998
020 C000003    136
020 A000004 CREDIT SUISSE
020 C000004     71
020 A000005 SALOMON BROTHERS, INC.
020 B000005 13-5365580
020 C000005     63
020 A000006 FIDELITY SECURITIES, INC.
020 C000006     62
020 A000007 FLEMING, ROBERT
<PAGE>      PAGE  4
020 C000007     60
020 A000008 COWEN & CO.
020 B000008 13-5616116
020 C000008     57
020 A000009 PAINE WEBBER
020 B000009 13-2638166
020 C000009     51
020 A000010 GOLDMAN SACHS & CO.
020 B000010 13-5108880
020 C000010     49
021  000000     1790
022 A000001 HSBC SECURITIES
022 C000001  57072045
022 D000001     86746
022 A000002 CHASE MANHATTAN BANK
022 B000002 13-2633612
022 C000002  21248636
022 D000002       120
022 A000003 MERRILL LYNCH, PIERCE, FENNER, SMITH
022 B000003 13-5674085
022 C000003   6280684
022 D000003    161956
022 A000004 LEHMAN BROTHERS
022 B000004 13-2518466
022 C000004   4891403
022 D000004    346693
022 A000005 MORGAN STANLEY & CO.
022 B000005 13-2655998
022 C000005   4831763
022 D000005     67308
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006   3916658
022 D000006     73539
022 A000007 J.P. MORGAN
022 B000007 13-3224016
022 C000007   3083562
022 D000007     45532
022 A000008 BEAR STEARNS
022 B000008 13-4946705
022 C000008   2851569
022 D000008      7163
022 A000009 CREDIT SUISSE
022 C000009   1435764
022 D000009     90573
022 A000010 FLEET NATIONAL BANK
022 C000010    438657
022 D000010    287144
023 C000000  108835178
023 D000000    1718993
024  00AA00 N
<PAGE>      PAGE  5
026 A000000 Y
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 N
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 Y
077 E000000 Y
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
008 A000101 FLEET INVESTMENT ADVISORS INC.
008 B000101 A
008 C000101 801-000000
008 D010101 BOSTON
008 D020101 MA
008 D030101 02109
<PAGE>      PAGE  6
015 A000101 CHASE MANHATTAN BANK
015 B000101 C
015 C010101 NEW YORK
015 C020101 NY
015 C030101 10036
015 E010101 X
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032  000100      0
033  000100      0
034  000100 Y
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036 A000100 Y
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038  000100      0
039  000100 N
040  000100 Y
<PAGE>      PAGE  7
041  000100 N
042 A000100   0
042 B000100   0
042 C000100   0
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100      0
044  000100      0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.400
048 A010100        0
048 A020100 0.000
048 B010100        0
048 B020100 0.000
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 Y
053 B000100 Y
055 A000100 Y
055 B000100 N
056  000100 N
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
<PAGE>      PAGE  8
061  000100     2500
062 A000100 Y
062 B000100   0.0
062 C000100  33.0
062 D000100   2.0
062 E000100   0.0
062 F000100   5.5
062 G000100   0.0
062 H000100   0.0
062 I000100  59.7
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100  -0.2
063 A000100  36
063 B000100  0.0
064 A000100 Y
064 B000100 N
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
<PAGE>      PAGE  9
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100  6
072 B000100    64730
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100     4766
072 G000100      976
072 H000100        0
072 I000100     1630
072 J000100       30
072 K000100        0
072 L000100      172
072 M000100       23
072 N000100       59
072 O000100        0
072 P000100        0
072 Q000100       70
072 R000100        9
072 S000100       54
072 T000100        0
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072 V000100        0
072 W000100       33
072 X000100     7822
072 Y000100      410
072 Z000100    57318
072AA000100        0
072BB000100        1
072CC010100        0
072CC020100        0
072DD010100    32726
072DD020100    24592
072EE000100        0
073 A010100   0.0200
<PAGE>      PAGE  10
073 A020100   0.0200
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100    52005
074 C000100  2500624
074 D000100        0
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100     3416
074 M000100        0
074 N000100  2556045
074 O000100        0
074 P000100     1274
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     6211
074 S000100        0
074 T000100  2548560
074 U010100  1584215
074 U020100   965473
074 V010100     1.00
074 V020100     1.00
074 W000100   0.9993
074 X000100    83132
074 Y000100        0
075 A000100  2403138
075 B000100        0
076  000100     0.00
008 A000201 FLEET INVESTMENT ADVISORS INC.
008 B000201 A
008 C000201 801-000000
008 D010201 BOSTON
008 D020201 MA
008 D030201 02109
015 A000201 CHASE MANHATTAN BANK
015 B000201 C
015 C010201 NEW YORK
015 C020201 NY
015 C030201 10036
015 E010201 X
028 A010200    106944
028 A020200         0
028 A030200         0
<PAGE>      PAGE  11
028 A040200    130428
028 B010200    157490
028 B020200      1312
028 B030200         0
028 B040200    121431
028 C010200    204478
028 C020200      1374
028 C030200         0
028 C040200    192114
028 D010200    226125
028 D020200      1413
028 D030200         0
028 D040200    208190
028 E010200    220720
028 E020200      1306
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028 F010200    145127
028 F020200      2940
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028 F040200    158393
028 G010200   1060884
028 G020200      8345
028 G030200         0
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028 H000200         0
029  000200 N
030 A000200      0
030 B000200  0.00
030 C000200  0.00
031 A000200      0
031 B000200      0
032  000200      0
033  000200      0
034  000200 N
035  000200      0
036 B000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 N
042 A000200   0
042 B000200   0
042 C000200   0
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200      0
044  000200      0
<PAGE>      PAGE  12
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.400
048 A010200        0
048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
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048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 Y
053 B000200 Y
055 A000200 Y
055 B000200 N
056  000200 N
057  000200 N
058 A000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200     2500
062 A000200 Y
062 B000200   5.2
062 C000200  78.4
062 D000200  16.6
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
<PAGE>      PAGE  13
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   0.0
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062 P000200   0.0
062 Q000200   0.0
062 R000200  -0.2
063 A000200  43
063 B000200  0.0
064 A000200 Y
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
<PAGE>      PAGE  14
070 R010200 N
070 R020200 N
071 A000200         0
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<PAGE>      PAGE  15
074 I000200        0
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008 A000301 FLEET INVESTMENT ADVISORS INC.
008 B000301 A
008 C000301 801-000000
008 D010301 BOSTON
008 D020301 MA
008 D030301 02109
015 A000301 CHASE MANHATTAN BANK
015 B000301 C
015 C010301 NEW YORK
015 C020301 NY
015 C030301 10036
015 E040301 X
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<PAGE>      PAGE  16
028 D030300         0
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033  000300      0
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035  000300      5
036 A000300 Y
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038  000300      0
039  000300 N
040  000300 Y
041  000300 Y
042 A000300   0
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042 D000300 100
042 E000300   0
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048  000300  0.750
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<PAGE>      PAGE  17
048 C020300 0.000
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048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300        0
048 K020300 0.000
049  000300 N
050  000300 N
051  000300 N
052  000300 N
053 A000300 Y
053 B000300 Y
055 A000300 N
055 B000300 N
056  000300 N
057  000300 N
058 A000300 N
059  000300 Y
060 A000300 Y
060 B000300 Y
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062 A000300 N
062 B000300   0.0
062 C000300   0.0
062 D000300   0.0
062 E000300   0.0
062 F000300   0.0
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062 H000300   0.0
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<PAGE>      PAGE  18
063 B000300  0.0
066 A000300 Y
066 C000300 Y
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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064 B000400 N
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070 G020400 N
<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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067  000500 N
068 A000500 N
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070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
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070 J020500 N
070 K010500 Y
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<PAGE>      PAGE  28
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008 B000601 A
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008 D030601 02109
015 A000601 CHASE MANHATTAN BANK
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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070 J020600 N
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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008 A000701 FLEET INVESTMENT ADVISORS INC.
008 B000701 A
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015 A000701 CHASE MANHATTAN BANK
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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<PAGE>      PAGE  38
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008 B000801 A
008 C000801 801-000000
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008 D020801 MA
008 D030801 02109
015 A000801 CHASE MANHATTAN BANK
015 B000801 C
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015 C030801 10036
015 E040801 X
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<PAGE>      PAGE  39
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<PAGE>      PAGE  40
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<PAGE>      PAGE  41
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070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
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070 J020800 N
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<PAGE>      PAGE  42
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<PAGE>      PAGE  43
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008 A000901 FLEET INVESTMENT ADVISORS INC.
008 B000901 A
008 C000901 801-000000
008 D010901 BOSTON
008 D020901 MA
008 D030901 02109
015 A000901 CHASE MANHATTAN BANK
015 B000901 C
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015 C030901 10036
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<PAGE>      PAGE  44
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<PAGE>      PAGE  45
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051  000900 N
052  000900 N
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056  000900 N
057  000900 N
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070 B010900 Y
<PAGE>      PAGE  46
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070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
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070 J020900 N
070 K010900 Y
070 K020900 N
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070 L020900 N
070 M010900 Y
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<PAGE>      PAGE  47
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<PAGE>      PAGE  48
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008 A001001 FLEET INVESTMENT ADVISORS INC.
008 B001001 A
008 C001001 801-000000
008 D011001 BOSTON
008 D021001 MA
008 D031001 02109
015 A001001 CHASE MANHATTAN BANK
015 B001001 C
015 C011001 NEW YORK
015 C021001 NY
015 C031001 10036
015 E011001 X
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<PAGE>      PAGE  49
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<PAGE>      PAGE  50
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064 A001000 N
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070 A011000 Y
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070 D011000 N
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070 F021000 N
<PAGE>      PAGE  51
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<PAGE>      PAGE  52
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008 A001101 FLEET INVESTMENT ADVISORS INC.
008 B001101 A
008 C001101 801-000000
008 D011101 BOSTON
<PAGE>      PAGE  53
008 D021101 MA
008 D031101 02109
015 A001101 CHASE MANHATTAN BANK
015 B001101 C
015 C011101 NEW YORK
015 C021101 NY
015 C031101 10036
015 E011101 X
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<PAGE>      PAGE  54
039  001100 N
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<PAGE>      PAGE  55
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070 A011100 Y
070 A021100 Y
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070 F021100 N
070 G011100 N
070 G021100 N
070 H011100 N
070 H021100 N
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<PAGE>      PAGE  56
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070 P011100 N
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100     65957
071 B001100     56976
071 C001100     77751
071 D001100   73
072 A001100  6
072 B001100     2790
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072 D001100        0
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072 G001100       36
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072 J001100        8
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072 P001100        0
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<PAGE>      PAGE  57
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074 J001100        0
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008 A001201 FLEET INVESTMENT ADVISORS INC.
008 B001201 A
008 C001201 801-000000
008 D011201 BOSTON
008 D021201 MA
008 D031201 02109
015 A001201 CHASE MANHATTAN BANK
015 B001201 C
015 C011201 NEW YORK
015 C021201 NY
015 C031201 10036
015 E011201 X
028 A011200      3599
<PAGE>      PAGE  58
028 A021200         0
028 A031200         0
028 A041200      1075
028 B011200      9160
028 B021200       125
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030 B001200  3.75
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031 B001200      0
032  001200     12
033  001200      0
034  001200 Y
035  001200      1
036 A001200 Y
036 B001200      0
037  001200 N
038  001200      0
039  001200 N
040  001200 Y
041  001200 Y
042 A001200   0
042 B001200   0
042 C001200   0
042 D001200 100
042 E001200   0
042 F001200   0
<PAGE>      PAGE  59
042 G001200   0
042 H001200   0
043  001200      4
044  001200      0
045  001200 Y
046  001200 N
047  001200 Y
048  001200  0.750
048 A011200        0
048 A021200 0.000
048 B011200        0
048 B021200 0.000
048 C011200        0
048 C021200 0.000
048 D011200        0
048 D021200 0.000
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048 E021200 0.000
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048 F021200 0.000
048 G011200        0
048 G021200 0.000
048 H011200        0
048 H021200 0.000
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 Y
055 A001200 Y
055 B001200 N
056  001200 N
057  001200 N
058 A001200 N
059  001200 Y
060 A001200 Y
060 B001200 Y
061  001200     2500
062 A001200 Y
062 B001200   0.0
062 C001200   0.0
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062 E001200   0.0
062 F001200   0.0
<PAGE>      PAGE  60
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0
062 J001200   0.0
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062 M001200   0.0
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062 O001200  98.5
062 P001200   0.0
062 Q001200   0.0
062 R001200   0.7
063 A001200   0
063 B001200 13.8
064 A001200 Y
064 B001200 N
066 A001200 N
067  001200 N
068 A001200 N
068 B001200 N
069  001200 N
070 A011200 Y
070 A021200 N
070 B011200 N
070 B021200 N
070 C011200 N
070 C021200 N
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 N
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 N
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
<PAGE>      PAGE  61
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200     37885
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<PAGE>      PAGE  62
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074 H001200        0
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008 A001301 FLEET INVESTMENT ADVISORS INC.
008 B001301 A
008 C001301 801-000000
008 D011301 BOSTON
008 D021301 MA
008 D031301 02109
015 A001301 CHASE MANHATTAN BANK
015 B001301 C
015 C011301 NEW YORK
015 C021301 NY
015 C031301 10036
015 E011301 X
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028 C021300       123
<PAGE>      PAGE  63
028 C031300         0
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029  001300 Y
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030 B001300  3.75
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031 A001300      0
031 B001300      0
032  001300     36
033  001300      0
034  001300 N
035  001300      0
036 B001300      0
037  001300 N
038  001300      0
039  001300 N
040  001300 N
045  001300 Y
046  001300 N
047  001300 Y
048  001300  0.750
048 A011300        0
048 A021300 0.000
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048 B021300 0.000
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048 C021300 0.000
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048 D021300 0.000
048 E011300        0
048 E021300 0.000
048 F011300        0
048 F021300 0.000
048 G011300        0
<PAGE>      PAGE  64
048 G021300 0.000
048 H011300        0
048 H021300 0.000
048 I011300        0
048 I021300 0.000
048 J011300        0
048 J021300 0.000
048 K011300        0
048 K021300 0.000
049  001300 N
050  001300 N
051  001300 N
052  001300 N
053 A001300 Y
053 B001300 Y
055 A001300 Y
055 B001300 N
056  001300 N
057  001300 N
058 A001300 N
059  001300 Y
060 A001300 N
060 B001300 N
061  001300     2500
062 A001300 Y
062 B001300   0.0
062 C001300   0.0
062 D001300   0.0
062 E001300   0.0
062 F001300   0.0
062 G001300   0.0
062 H001300   0.0
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062 J001300   0.0
062 K001300   0.0
062 L001300   1.4
062 M001300   0.0
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062 O001300  98.9
062 P001300   0.0
062 Q001300   0.0
062 R001300  -0.3
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063 B001300 14.1
064 A001300 Y
064 B001300 N
066 A001300 N
067  001300 N
068 A001300 N
068 B001300 N
069  001300 N
<PAGE>      PAGE  65
070 A011300 Y
070 A021300 N
070 B011300 N
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 N
070 D021300 N
070 E011300 Y
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
070 J011300 N
070 J021300 N
070 K011300 Y
070 K021300 Y
070 L011300 N
070 L021300 N
070 M011300 N
070 M021300 N
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300      6915
071 B001300      9138
071 C001300     62550
071 D001300   11
072 A001300  6
072 B001300     1737
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072 G001300       26
072 H001300        0
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072 J001300        4
072 K001300        0
<PAGE>      PAGE  66
072 L001300       11
072 M001300        1
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072 S001300        5
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072 Y001300      100
072 Z001300     1470
072AA001300      191
072BB001300        0
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072DD021300      577
072EE001300        0
073 A011300   0.2500
073 A021300   0.2600
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074 A001300        0
074 B001300        0
074 C001300      874
074 D001300    61182
074 E001300        0
074 F001300        0
074 G001300        0
074 H001300        0
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074 L001300     1077
074 M001300        0
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074 T001300    61889
074 U011300     3480
074 U021300     2304
<PAGE>      PAGE  67
074 V011300    10.70
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074 X001300     1364
074 Y001300        0
075 A001300        0
075 B001300    63344
076  001300     0.00
008 A001401 FLEET INVESTMENT ADVISORS INC.
008 B001401 A
008 C001401 801-000000
008 D011401 BOSTON
008 D021401 MA
008 D031401 02109
015 A001401 CHASE MANHATTAN BANK
015 B001401 C
015 C011401 NEW YORK
015 C021401 NY
015 C031401 10036
015 E041401 X
028 A011400      8214
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028 G011400     70937
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028 H001400     10516
029  001400 Y
030 A001400    379
<PAGE>      PAGE  68
030 B001400  3.75
030 C001400  0.50
031 A001400      0
031 B001400      0
032  001400    379
033  001400      0
034  001400 Y
035  001400     20
036 A001400 Y
036 B001400      0
037  001400 N
038  001400      0
039  001400 N
040  001400 Y
041  001400 Y
042 A001400   0
042 B001400   0
042 C001400   0
042 D001400 100
042 E001400   0
042 F001400   0
042 G001400   0
042 H001400   0
043  001400     25
044  001400      0
045  001400 Y
046  001400 N
047  001400 Y
048  001400  0.750
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048 A021400 0.000
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048 B021400 0.000
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048 C021400 0.000
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048 D021400 0.000
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048 E021400 0.000
048 F011400        0
048 F021400 0.000
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048 G021400 0.000
048 H011400        0
048 H021400 0.000
048 I011400        0
048 I021400 0.000
048 J011400        0
048 J021400 0.000
048 K011400        0
048 K021400 0.000
<PAGE>      PAGE  69
049  001400 N
050  001400 N
051  001400 N
052  001400 N
053 A001400 Y
053 B001400 Y
055 A001400 N
055 B001400 N
056  001400 N
057  001400 N
058 A001400 N
059  001400 Y
060 A001400 Y
060 B001400 Y
061  001400     2500
062 A001400 N
062 B001400   0.0
062 C001400   0.0
062 D001400   0.0
062 E001400   0.0
062 F001400   0.0
062 G001400   0.0
062 H001400   0.0
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062 J001400   0.0
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062 L001400   0.0
062 M001400   0.0
062 N001400   0.0
062 O001400   0.0
062 P001400   0.0
062 Q001400   0.0
062 R001400   0.0
063 A001400   0
063 B001400  0.0
066 A001400 Y
066 G001400 Y
067  001400 Y
068 A001400 N
068 B001400 N
069  001400 N
070 A011400 Y
070 A021400 Y
070 B011400 Y
070 B021400 N
070 C011400 Y
070 C021400 N
070 D011400 N
070 D021400 N
070 E011400 N
070 E021400 N
<PAGE>      PAGE  70
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 Y
070 L021400 N
070 M011400 Y
070 M021400 N
070 N011400 Y
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 N
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400     80602
071 B001400     45098
071 C001400    239913
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072 A001400  6
072 B001400     4281
072 C001400     1167
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072 G001400      111
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072 J001400       10
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072 M001400        3
072 N001400       17
072 O001400        0
072 P001400        0
072 Q001400       30
072 R001400       33
072 S001400        5
072 T001400       25
072 U001400        1
<PAGE>      PAGE  71
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072 W001400        4
072 X001400     1813
072 Y001400       12
072 Z001400     3647
072AA001400    10182
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072CC011400     6063
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072DD021400     1715
072EE001400     8776
073 A011400   0.1700
073 A021400   0.1900
073 B001400   0.5100
073 C001400   0.0000
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074 D001400   118888
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074 F001400   148096
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074 H001400        0
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074 W001400   0.0000
074 X001400    13439
074 Y001400        0
075 A001400        0
075 B001400   274183
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008 A001501 FLEET INVESTMENT ADVISORS INC.
008 B001501 A
<PAGE>      PAGE  72
008 C001501 801-000000
008 D011501 BOSTON
008 D021501 MA
008 D031501 02109
015 A001501 CHASE MANHATTAN BANK
015 B001501 C
015 C011501 NEW YORK
015 C021501 NY
015 C031501 10036
015 E041501 X
028 A011500     47245
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033  001500      0
034  001500 Y
035  001500     10
036 A001500 Y
036 B001500      0
<PAGE>      PAGE  73
037  001500 N
038  001500      0
039  001500 N
040  001500 Y
041  001500 Y
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042 B001500   0
042 C001500   0
042 D001500 100
042 E001500   0
042 F001500   0
042 G001500   0
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048 B021500 0.000
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048 E021500 0.000
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048 F021500 0.000
048 G011500        0
048 G021500 0.000
048 H011500        0
048 H021500 0.000
048 I011500        0
048 I021500 0.000
048 J011500        0
048 J021500 0.000
048 K011500        0
048 K021500 0.000
049  001500 N
050  001500 N
051  001500 N
052  001500 N
053 A001500 Y
053 B001500 Y
055 A001500 N
055 B001500 N
056  001500 N
057  001500 N
<PAGE>      PAGE  74
058 A001500 N
059  001500 Y
060 A001500 Y
060 B001500 Y
061  001500     2500
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062 E001500   0.0
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062 G001500   0.0
062 H001500   0.0
062 I001500   0.0
062 J001500   0.0
062 K001500   0.0
062 L001500   0.0
062 M001500   0.0
062 N001500   0.0
062 O001500   0.0
062 P001500   0.0
062 Q001500   0.0
062 R001500   0.0
063 A001500   0
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066 A001500 Y
066 C001500 Y
067  001500 N
068 A001500 N
068 B001500 N
069  001500 N
070 A011500 Y
070 A021500 Y
070 B011500 Y
070 B021500 N
070 C011500 N
070 C021500 N
070 D011500 N
070 D021500 N
070 E011500 N
070 E021500 N
070 F011500 N
070 F021500 N
070 G011500 N
070 G021500 N
070 H011500 N
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 N
<PAGE>      PAGE  75
070 K011500 Y
070 K021500 N
070 L011500 Y
070 L021500 Y
070 M011500 Y
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070 N011500 Y
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 N
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 N
070 R021500 N
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<PAGE>      PAGE  76
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008 A001601 FLEET INVESTMENT ADVISORS INC.
008 B001601 A
008 C001601 801-000000
008 D011601 BOSTON
008 D021601 MA
008 D031601 02109
015 A001601 CHASE MANHATTAN BANK
015 B001601 C
015 C011601 NEW YORK
015 C021601 NY
015 C031601 10036
015 E011601 X
<PAGE>      PAGE  77
028 A011600      1198
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035  001600      0
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037  001600 N
038  001600      0
039  001600 N
040  001600 N
045  001600 Y
046  001600 N
047  001600 Y
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<PAGE>      PAGE  78
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050  001600 N
051  001600 N
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056  001600 N
057  001600 N
058 A001600 N
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<PAGE>      PAGE  79
062 R001600  -0.9
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064 A001600 Y
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068 A001600 N
068 B001600 N
069  001600 N
070 A011600 Y
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070 B011600 N
070 B021600 N
070 C011600 N
070 C021600 N
070 D011600 N
070 D021600 N
070 E011600 Y
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070 F011600 N
070 F021600 N
070 G011600 N
070 G021600 N
070 H011600 N
070 H021600 N
070 I011600 N
070 I021600 N
070 J011600 N
070 J021600 N
070 K011600 Y
070 K021600 Y
070 L011600 N
070 L021600 N
070 M011600 N
070 M021600 N
070 N011600 Y
070 N021600 N
070 O011600 Y
070 O021600 N
070 P011600 N
070 P021600 N
070 Q011600 N
070 Q021600 N
070 R011600 N
070 R021600 N
071 A001600      6375
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<PAGE>      PAGE  80
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<PAGE>      PAGE  81
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008 A001701 FLEET INVESTMENT ADVISORS INC.
008 B001701 A
008 C001701 801-000000
008 D011701 BOSTON
008 D021701 MA
008 D031701 02109
015 A001701 CHASE MANHATTAN BANK
015 B001701 C
015 C011701 NEW YORK
015 C021701 NY
015 C031701 10036
015 E011701 X
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<PAGE>      PAGE  82
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033  001700      0
034  001700 N
035  001700      0
036 B001700      0
037  001700 N
038  001700      0
039  001700 N
040  001700 N
045  001700 Y
046  001700 N
047  001700 Y
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048 K021700 0.000
049  001700 N
050  001700 N
<PAGE>      PAGE  83
051  001700 N
052  001700 N
053 A001700 Y
053 B001700 Y
055 A001700 Y
055 B001700 N
056  001700 N
057  001700 N
058 A001700 N
059  001700 Y
060 A001700 N
060 B001700 N
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064 A001700 Y
064 B001700 N
066 A001700 N
067  001700 N
068 A001700 N
068 B001700 N
069  001700 N
070 A011700 Y
070 A021700 N
070 B011700 N
070 B021700 N
070 C011700 N
070 C021700 N
070 D011700 N
070 D021700 N
070 E011700 Y
070 E021700 N
070 F011700 N
<PAGE>      PAGE  84
070 F021700 N
070 G011700 N
070 G021700 N
070 H011700 N
070 H021700 N
070 I011700 N
070 I021700 N
070 J011700 N
070 J021700 N
070 K011700 Y
070 K021700 Y
070 L011700 N
070 L021700 N
070 M011700 N
070 M021700 N
070 N011700 Y
070 N021700 N
070 O011700 Y
070 O021700 N
070 P011700 N
070 P021700 N
070 Q011700 N
070 Q021700 N
070 R011700 N
070 R021700 N
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<PAGE>      PAGE  85
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008 A001801 FLEET INVESTMENT ADVISORS INC.
008 B001801 A
008 C001801 801-000000
<PAGE>      PAGE  86
008 D011801 BOSTON
008 D021801 MA
008 D031801 02109
015 A001801 CHASE MANHATTAN BANK
015 B001801 C
015 C011801 NEW YORK
015 C021801 NY
015 C031801 10036
015 E011801 X
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036 B001800      0
037  001800 N
038  001800      0
<PAGE>      PAGE  87
039  001800 N
040  001800 N
045  001800 Y
046  001800 N
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050  001800 N
051  001800 N
052  001800 N
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057  001800 N
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<PAGE>      PAGE  88
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063 A001800  48
063 B001800  0.0
064 A001800 N
064 B001800 N
066 A001800 N
067  001800 N
068 A001800 N
068 B001800 N
069  001800 N
070 A011800 N
070 A021800 N
070 B011800 N
070 B021800 N
070 C011800 N
070 C021800 N
070 D011800 N
070 D021800 N
070 E011800 N
070 E021800 N
070 F011800 N
070 F021800 N
070 G011800 N
070 G021800 N
070 H011800 N
070 H021800 N
070 I011800 N
070 I021800 N
070 J011800 N
070 J021800 N
070 K011800 Y
070 K021800 Y
070 L011800 N
070 L021800 N
070 M011800 N
070 M021800 N
070 N011800 N
070 N021800 N
070 O011800 N
070 O021800 N
070 P011800 N
070 P021800 N
<PAGE>      PAGE  89
070 Q011800 N
070 Q021800 N
070 R011800 N
070 R021800 N
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<PAGE>      PAGE  90
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008 A001901 FLEET INVESTMENT ADVISORS INC.
008 B001901 A
008 C001901 801-000000
008 D011901 BOSTON
008 D021901 MA
008 D031901 02109
015 A001901 CHASE MANHATTAN BANK
015 B001901 C
015 C011901 NEW YORK
015 C021901 NY
015 C031901 10036
015 E011901 X
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<PAGE>      PAGE  91
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031 B001900      0
032  001900      0
033  001900      0
034  001900 N
035  001900      0
036 B001900      0
037  001900 N
038  001900      0
039  001900 N
040  001900 N
045  001900 Y
046  001900 N
047  001900 Y
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048 A021900 0.000
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048 B021900 0.000
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048 G021900 0.000
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<PAGE>      PAGE  92
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048 I021900 0.000
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048 J021900 0.000
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048 K021900 0.000
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050  001900 N
051  001900 N
052  001900 N
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053 B001900 Y
055 A001900 Y
055 B001900 N
056  001900 N
057  001900 N
058 A001900 N
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063 A001900   0
063 B001900  8.1
064 A001900 N
064 B001900 N
066 A001900 N
067  001900 N
068 A001900 N
068 B001900 N
069  001900 N
070 A011900 Y
070 A021900 Y
<PAGE>      PAGE  93
070 B011900 N
070 B021900 N
070 C011900 N
070 C021900 N
070 D011900 N
070 D021900 N
070 E011900 Y
070 E021900 N
070 F011900 N
070 F021900 N
070 G011900 N
070 G021900 N
070 H011900 N
070 H021900 N
070 I011900 N
070 I021900 N
070 J011900 Y
070 J021900 N
070 K011900 Y
070 K021900 N
070 L011900 Y
070 L021900 Y
070 M011900 Y
070 M021900 N
070 N011900 Y
070 N021900 N
070 O011900 Y
070 O021900 N
070 P011900 N
070 P021900 N
070 Q011900 N
070 Q021900 N
070 R011900 N
070 R021900 N
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<PAGE>      PAGE  94
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<PAGE>      PAGE  95
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008 A002001 FLEET INVESTMENT ADVISORS INC.
008 B002001 A
008 C002001 801-000000
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008 D022001 MA
008 D032001 02109
015 A002001 CHASE MANHATTAN BANK
015 B002001 C
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<PAGE>      PAGE  96
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037  002000 N
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039  002000 N
040  002000 N
045  002000 Y
046  002000 N
047  002000 Y
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050  002000 N
051  002000 N
052  002000 N
053 A002000 Y
053 B002000 Y
055 A002000 N
055 B002000 N
056  002000 N
057  002000 N
058 A002000 N
059  002000 Y
060 A002000 N
060 B002000 N
<PAGE>      PAGE  97
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064 A002000 Y
064 B002000 N
066 A002000 N
067  002000 N
068 A002000 N
068 B002000 N
069  002000 N
070 A012000 Y
070 A022000 N
070 B012000 N
070 B022000 N
070 C012000 N
070 C022000 N
070 D012000 N
070 D022000 N
070 E012000 Y
070 E022000 N
070 F012000 N
070 F022000 N
070 G012000 N
070 G022000 N
070 H012000 N
070 H022000 N
070 I012000 N
070 I022000 N
070 J012000 Y
070 J022000 N
070 K012000 Y
070 K022000 Y
070 L012000 N
<PAGE>      PAGE  98
070 L022000 N
070 M012000 N
070 M022000 N
070 N012000 Y
070 N022000 N
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070 O022000 N
070 P012000 N
070 P022000 N
070 Q012000 N
070 Q022000 N
070 R012000 N
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<PAGE>      PAGE  99
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008 A002101 FLEET INVESTMENT ADVISORS INC.
008 B002101 A
008 C002101 801-00000
008 D012101 BOSTON
008 D022101 MA
008 D032101 02109
015 A002101 CHASE MANHATTAN BANK
015 B002101 C
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015 C022101 NY
015 C032101 10036
015 E012101 X
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<PAGE>      PAGE  100
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039  002100 N
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041  002100 Y
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<PAGE>      PAGE  101
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049  002100 N
050  002100 N
051  002100 N
052  002100 N
053 A002100 Y
053 B002100 Y
055 A002100 N
055 B002100 N
056  002100 N
057  002100 N
058 A002100 N
059  002100 Y
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060 B002100 Y
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<PAGE>      PAGE  102
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068 B002100 N
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070 A012100 Y
070 A022100 Y
070 B012100 Y
070 B022100 N
070 C012100 N
070 C022100 N
070 D012100 Y
070 D022100 N
070 E012100 N
070 E022100 N
070 F012100 Y
070 F022100 N
070 G012100 N
070 G022100 N
070 H012100 Y
070 H022100 N
070 I012100 N
070 I022100 N
070 J012100 Y
070 J022100 N
070 K012100 Y
070 K022100 N
070 L012100 Y
070 L022100 Y
070 M012100 N
070 M022100 N
070 N012100 Y
070 N022100 N
070 O012100 Y
070 O022100 N
070 P012100 N
070 P022100 N
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<PAGE>      PAGE  103
070 Q022100 N
070 R012100 N
070 R022100 N
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<PAGE>      PAGE  104
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008 A002201 FLEET INVESTMENT ADVISORS INC.
008 B002201 A
008 C002201 801-00000
008 D012201 BOSTON
008 D022201 MA
008 D032201 02109
015 A002201 CHASE MANHATTAN BANK
015 B002201 C
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015 C032201 10036
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<PAGE>      PAGE  105
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039  002200 N
040  002200 N
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046  002200 Y
047  002200 Y
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<PAGE>      PAGE  106
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051  002200 N
052  002200 N
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055 B002200 N
056  002200 N
057  002200 N
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069  002200 N
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070 B012200 Y
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<PAGE>      PAGE  107
070 C012200 N
070 C022200 N
070 D012200 N
070 D022200 N
070 E012200 N
070 E022200 N
070 F012200 Y
070 F022200 N
070 G012200 N
070 G022200 N
070 H012200 Y
070 H022200 N
070 I012200 N
070 I022200 N
070 J012200 Y
070 J022200 N
070 K012200 Y
070 K022200 N
070 L012200 Y
070 L022200 Y
070 M012200 N
070 M022200 N
070 N012200 Y
070 N022200 N
070 O012200 Y
070 O022200 N
070 P012200 N
070 P022200 N
070 Q012200 N
070 Q022200 N
070 R012200 N
070 R022200 N
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<PAGE>      PAGE  108
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<PAGE>      PAGE  109
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008 A002301 FLEET INVESTMENT ADVISORS INC.
008 B002301 A
008 C002301 801-00000
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008 D022301 MA
008 D032301 02109
015 A002301 CHASE MANHATTAN BANK
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<PAGE>      PAGE  110
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039  002300 N
040  002300 N
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048 I022300 0.000
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050  002300 N
051  002300 N
052  002300 N
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053 B002300 Y
055 A002300 Y
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056  002300 N
057  002300 N
058 A002300 N
059  002300 Y
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<PAGE>      PAGE  111
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064 A002300 Y
064 B002300 N
066 A002300 N
067  002300 N
068 A002300 N
068 B002300 N
069  002300 N
070 A012300 Y
070 A022300 N
070 B012300 N
070 B022300 N
070 C012300 N
070 C022300 N
070 D012300 N
070 D022300 N
070 E012300 N
070 E022300 N
070 F012300 N
070 F022300 N
070 G012300 N
070 G022300 N
070 H012300 N
070 H022300 N
070 I012300 N
070 I022300 N
070 J012300 Y
070 J022300 N
070 K012300 Y
070 K022300 Y
070 L012300 Y
070 L022300 N
070 M012300 N
<PAGE>      PAGE  112
070 M022300 N
070 N012300 Y
070 N022300 N
070 O012300 Y
070 O022300 N
070 P012300 N
070 P022300 N
070 Q012300 N
070 Q022300 N
070 R012300 N
070 R022300 N
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072 V002300        0
072 W002300        0
072 X002300      181
072 Y002300       22
072 Z002300      758
072AA002300        0
072BB002300        0
072CC012300        0
072CC022300        0
072DD012300      754
072DD022300        0
072EE002300        0
073 A012300   0.0100
073 A022300   0.0000
073 B002300   0.0000
<PAGE>      PAGE  113
073 C002300   0.0000
074 A002300        0
074 B002300        0
074 C002300    57702
074 D002300        0
074 E002300        0
074 F002300        0
074 G002300        0
074 H002300        0
074 I002300        0
074 J002300        0
074 K002300        1
074 L002300      352
074 M002300        0
074 N002300    58055
074 O002300        0
074 P002300       32
074 Q002300        0
074 R012300        0
074 R022300        0
074 R032300        0
074 R042300      273
074 S002300        0
074 T002300    57750
074 U012300    57759
074 U022300        0
074 V012300     1.00
074 V022300     0.00
074 W002300   0.9993
074 X002300      539
074 Y002300        0
075 A002300    54504
075 B002300        0
076  002300     0.00
008 A002401 FLEET INVESTMENT ADVISORS INC.
008 B002401 A
008 C002401 801-00000
008 D012401 BOSTON
008 D022401 MA
008 D032401 02109
015 A002401 CHASE MANHATTAN BANK
015 B002401 C
015 C012401 NEW YORK
015 C022401 NY
015 C032401 10036
015 E012401 X
028 A012400     19189
028 A022400         0
028 A032400         0
028 A042400     17244
028 B012400     21152
<PAGE>      PAGE  114
028 B022400       170
028 B032400         0
028 B042400     17988
028 C012400     29757
028 C022400       187
028 C032400         0
028 C042400     30103
028 D012400     18939
028 D022400       190
028 D032400         0
028 D042400     16293
028 E012400     27885
028 E022400       172
028 E032400         0
028 E042400     18424
028 F012400     25068
028 F022400       420
028 F032400         0
028 F042400     36963
028 G012400    141990
028 G022400      1139
028 G032400         0
028 G042400    137015
028 H002400         0
029  002400 N
030 A002400      0
030 B002400  0.00
030 C002400  0.00
031 A002400      0
031 B002400      0
032  002400      0
033  002400      0
034  002400 N
035  002400      0
036 B002400      0
037  002400 N
038  002400      0
039  002400 N
040  002400 N
042 A002400   0
042 B002400   0
042 C002400   0
042 D002400   0
042 E002400   0
042 F002400   0
042 G002400   0
042 H002400   0
043  002400      0
044  002400      0
045  002400 Y
046  002400 Y
<PAGE>      PAGE  115
047  002400 Y
048  002400  0.000
048 A012400   750000
048 A022400 0.400
048 B012400        0
048 B022400 0.000
048 C012400        0
048 C022400 0.000
048 D012400        0
048 D022400 0.000
048 E012400        0
048 E022400 0.000
048 F012400        0
048 F022400 0.000
048 G012400        0
048 G022400 0.000
048 H012400        0
048 H022400 0.000
048 I012400        0
048 I022400 0.000
048 J012400        0
048 J022400 0.000
048 K012400   750000
048 K022400 0.350
049  002400 N
050  002400 N
051  002400 N
052  002400 N
053 A002400 Y
053 B002400 Y
055 A002400 Y
055 B002400 N
056  002400 N
057  002400 N
058 A002400 N
059  002400 Y
060 A002400 N
060 B002400 N
061  002400     2500
062 A002400 Y
062 B002400   0.0
062 C002400   0.0
062 D002400   0.0
062 E002400  95.6
062 F002400   0.0
062 G002400   0.0
062 H002400   0.0
062 I002400   0.0
062 J002400   0.0
062 K002400   0.0
062 L002400   3.8
<PAGE>      PAGE  116
062 M002400   0.0
062 N002400   0.0
062 O002400   0.0
062 P002400   0.0
062 Q002400   0.0
062 R002400   0.6
063 A002400  34
063 B002400  0.0
064 A002400 Y
064 B002400 N
066 A002400 N
067  002400 N
068 A002400 N
068 B002400 N
069  002400 N
070 A012400 Y
070 A022400 N
070 B012400 N
070 B022400 N
070 C012400 N
070 C022400 N
070 D012400 N
070 D022400 N
070 E012400 N
070 E022400 N
070 F012400 N
070 F022400 N
070 G012400 N
070 G022400 N
070 H012400 N
070 H022400 N
070 I012400 N
070 I022400 N
070 J012400 Y
070 J022400 N
070 K012400 Y
070 K022400 Y
070 L012400 Y
070 L022400 N
070 M012400 N
070 M022400 N
070 N012400 Y
070 N022400 N
070 O012400 Y
070 O022400 N
070 P012400 N
070 P022400 N
070 Q012400 N
070 Q022400 N
070 R012400 N
070 R022400 N
<PAGE>      PAGE  117
071 A002400         0
071 B002400         0
071 C002400         0
071 D002400    0
072 A002400  6
072 B002400     1975
072 C002400        0
072 D002400        0
072 E002400        0
072 F002400      234
072 G002400       48
072 H002400        0
072 I002400       47
072 J002400        6
072 K002400        0
072 L002400        1
072 M002400        2
072 N002400        1
072 O002400        0
072 P002400        0
072 Q002400       11
072 R002400        7
072 S002400        1
072 T002400        0
072 U002400        0
072 V002400        0
072 W002400        0
072 X002400      358
072 Y002400       26
072 Z002400     1643
072AA002400        0
072BB002400        0
072CC012400        0
072CC022400        0
072DD012400     1640
072DD022400        0
072EE002400        0
073 A012400   0.0100
073 A022400   0.0000
073 B002400   0.0000
073 C002400   0.0000
074 A002400        0
074 B002400        0
074 C002400   115916
074 D002400        0
074 E002400        0
074 F002400        0
074 G002400        0
074 H002400        0
074 I002400        0
074 J002400        0
<PAGE>      PAGE  118
074 K002400        1
074 L002400      920
074 M002400        0
074 N002400   116837
074 O002400        0
074 P002400       60
074 Q002400        0
074 R012400        0
074 R022400        0
074 R032400        0
074 R042400      115
074 S002400        0
074 T002400   116662
074 U012400   116667
074 U022400        0
074 V012400     1.00
074 V022400     0.00
074 W002400   0.9997
074 X002400     1043
074 Y002400        0
075 A002400   117703
075 B002400        0
076  002400     0.00
SIGNATURE   JYLANNE DUNNE                                
TITLE       VP&ASSISTANT TREASUR
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               1
              <NAME>                     GALAXY MONEY MARKET-RETAIL
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                    2,552,629,158
<INVESTMENTS-AT-VALUE>                                   2,552,629,158
<RECEIVABLES>                                                3,415,828
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                           2,556,044,986
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    7,485,057
<TOTAL-LIABILITIES>                                          7,485,057
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                 2,549,680,345
<SHARES-COMMON-STOCK>                                    1,583,745,432
<SHARES-COMMON-PRIOR>                                    1,159,964,557
<ACCUMULATED-NII-CURRENT>                                      233,572
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     1,353,988
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                             2,548,559,929
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           64,729,740
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               7,411,981
<NET-INVESTMENT-INCOME>                                     57,317,759
<REALIZED-GAINS-CURRENT>                                          (700)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                       57,317,059
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                  (32,725,390)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                               2,094,869,913
<NUMBER-OF-SHARES-REDEEMED($)>                           1,703,565,129
<SHARES-REINVESTED($)>                                      32,476,091
<NET-CHANGE-IN-ASSETS>                                     465,025,982
<ACCUMULATED-NII-PRIOR>                                        233,572
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   1,353,288
<GROSS-ADVISORY-FEES>                                        4,766,476
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              7,821,832
<AVERAGE-NET-ASSETS>                                     1,395,249,347
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.02)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.70%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               1
              <NAME>                     GALAXY MONEY MARKET-TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                    2,552,629,158
<INVESTMENTS-AT-VALUE>                                   2,552,629,158
<RECEIVABLES>                                                3,415,828
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                           2,556,044,986
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    7,485,057
<TOTAL-LIABILITIES>                                          7,485,057
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                 2,549,680,345
<SHARES-COMMON-STOCK>                                      965,473,485
<SHARES-COMMON-PRIOR>                                      924,697,009
<ACCUMULATED-NII-CURRENT>                                      233,572
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     1,353,988
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                             2,548,559,929
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           64,729,740
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               7,411,981
<NET-INVESTMENT-INCOME>                                     57,317,759
<REALIZED-GAINS-CURRENT>                                          (700)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                       57,317,059
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                  (24,591,341)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                               1,305,662,981
<NUMBER-OF-SHARES-REDEEMED($)>                           1,265,267,751
<SHARES-REINVESTED($)>                                         381,246
<NET-CHANGE-IN-ASSETS>                                     465,025,982
<ACCUMULATED-NII-PRIOR>                                        233,572
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   1,353,288
<GROSS-ADVISORY-FEES>                                        4,766,476
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              7,821,832
<AVERAGE-NET-ASSETS>                                     1,007,694,216
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.02)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.51%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               1
              <NAME>                     GALAXY MONEY MARKET-CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                    2,552,629,158
<INVESTMENTS-AT-VALUE>                                   2,552,629,158
<RECEIVABLES>                                                3,415,828
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                           2,556,044,986
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    7,485,057
<TOTAL-LIABILITIES>                                          7,485,057
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                 2,549,680,345
<SHARES-COMMON-STOCK>                                          469,331
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                      233,572
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     1,353,988
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                             2,548,559,929
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           64,729,740
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               7,411,981
<NET-INVESTMENT-INCOME>                                     (7,411,981)
<REALIZED-GAINS-CURRENT>                                          (700)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                       57,317,759
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       (1,028)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                     468,295
<NUMBER-OF-SHARES-REDEEMED($)>                                       0
<SHARES-REINVESTED($)>                                           1,036
<NET-CHANGE-IN-ASSETS>                                     465,025,982
<ACCUMULATED-NII-PRIOR>                                        233,572
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   1,353,288
<GROSS-ADVISORY-FEES>                                        4,766,476
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              7,821,832
<AVERAGE-NET-ASSETS>                                           205,125
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.01
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.01)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   1.17%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               5
              <NAME>                     GALAXY TAX EXEMPT MM - RETAIL
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      312,721,131
<INVESTMENTS-AT-VALUE>                                     312,721,131
<RECEIVABLES>                                                1,971,033
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             314,692,164
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      687,146
<TOTAL-LIABILITIES>                                            687,146
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   314,156,531
<SHARES-COMMON-STOCK>                                      129,970,426
<SHARES-COMMON-PRIOR>                                      117,604,866
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                          19,942
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       131,571
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                               314,005,018
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            5,578,239
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 943,414
<NET-INVESTMENT-INCOME>                                      4,634,825
<REALIZED-GAINS-CURRENT>                                             0
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        4,634,825
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,773,598)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 208,210,101
<NUMBER-OF-SHARES-REDEEMED($)>                             197,612,009
<SHARES-REINVESTED($)>                                       1,767,468
<NET-CHANGE-IN-ASSETS>                                      12,150,146
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                         19,974
<OVERDIST-NET-GAINS-PRIOR>                                     131,571
<GROSS-ADVISORY-FEES>                                          640,762
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                956,892
<AVERAGE-NET-ASSETS>                                       127,290,563
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.01
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.01)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.68%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               5
              <NAME>                     GALAXY TAX EXEMPT MM - TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      312,721,131
<INVESTMENTS-AT-VALUE>                                     312,721,131
<RECEIVABLES>                                                1,971,033
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             314,692,164
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      687,146
<TOTAL-LIABILITIES>                                            687,146
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   314,156,531
<SHARES-COMMON-STOCK>                                      184,186,104
<SHARES-COMMON-PRIOR>                                      184,401,550
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                          19,942
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       131,571
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                               314,005,018
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            5,578,239
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 943,414
<NET-INVESTMENT-INCOME>                                      4,634,825
<REALIZED-GAINS-CURRENT>                                             0
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        4,634,825
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (2,861,195)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 146,838,079
<NUMBER-OF-SHARES-REDEEMED($)>                             147,069,209
<SHARES-REINVESTED($)>                                          15,684
<NET-CHANGE-IN-ASSETS>                                      12,150,146
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                         19,974
<OVERDIST-NET-GAINS-PRIOR>                                     131,571
<GROSS-ADVISORY-FEES>                                          640,762
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                956,892
<AVERAGE-NET-ASSETS>                                       195,745,537
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.01
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.01)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.53%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               2
              <NAME>                     GALAXY GOVT MM - RETAIL
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                    1,197,889,807
<INVESTMENTS-AT-VALUE>                                   1,197,889,807
<RECEIVABLES>                                                1,685,949
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                           1,199,575,756
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    4,276,458
<TOTAL-LIABILITIES>                                          4,276,458
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                 1,196,217,180
<SHARES-COMMON-STOCK>                                      353,856,794
<SHARES-COMMON-PRIOR>                                      326,593,717
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                          45,378
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       872,504
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                             1,195,299,298
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           29,861,561
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               3,129,167
<NET-INVESTMENT-INCOME>                                     26,732,394
<REALIZED-GAINS-CURRENT>                                             0
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                       26,732,394
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (8,023,668)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 374,329,287
<NUMBER-OF-SHARES-REDEEMED($)>                             355,057,859
<SHARES-REINVESTED($)>                                       7,991,649
<NET-CHANGE-IN-ASSETS>                                     135,129,245
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                         45,378
<OVERDIST-NET-GAINS-PRIOR>                                     872,504
<GROSS-ADVISORY-FEES>                                        2,225,461
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              3,221,391
<AVERAGE-NET-ASSETS>                                       346,817,244
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.02)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.70%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               2
              <NAME>                     GALAXY GOVT MM - TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                    1,197,889,807
<INVESTMENTS-AT-VALUE>                                   1,197,889,807
<RECEIVABLES>                                                1,685,949
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                           1,199,575,756
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    4,276,458
<TOTAL-LIABILITIES>                                          4,276,458
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                 1,196,217,180
<SHARES-COMMON-STOCK>                                      842,360,386
<SHARES-COMMON-PRIOR>                                      734,494,218
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                          45,378
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       872,504
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                             1,195,299,298
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           29,861,561
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               3,129,167
<NET-INVESTMENT-INCOME>                                     26,732,394
<REALIZED-GAINS-CURRENT>                                             0
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                       26,732,394
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                  (18,708,726)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 686,554,377
<NUMBER-OF-SHARES-REDEEMED($)>                             579,042,088
<SHARES-REINVESTED($)>                                         353,879
<NET-CHANGE-IN-ASSETS>                                     135,129,245
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                         45,378
<OVERDIST-NET-GAINS-PRIOR>                                     872,504
<GROSS-ADVISORY-FEES>                                        2,225,461
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              3,221,391
<AVERAGE-NET-ASSETS>                                       775,134,550
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.02)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.50%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               6
              <NAME>                     GALAXY  U.S. TREASURY MM - RET
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      830,787,095
<INVESTMENTS-AT-VALUE>                                     830,787,095
<RECEIVABLES>                                                5,409,210
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             836,196,305
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,922,305
<TOTAL-LIABILITIES>                                          1,922,305
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   834,749,659
<SHARES-COMMON-STOCK>                                      503,933,417
<SHARES-COMMON-PRIOR>                                      443,459,845
<ACCUMULATED-NII-CURRENT>                                      316,530
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       792,189
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                               834,274,000
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           22,189,912
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,658,492
<NET-INVESTMENT-INCOME>                                     19,531,420
<REALIZED-GAINS-CURRENT>                                         2,311
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                       19,533,731
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                  (10,999,009)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 611,513,255
<NUMBER-OF-SHARES-REDEEMED($)>                             562,009,511
<SHARES-REINVESTED($)>                                      10,969,828
<NET-CHANGE-IN-ASSETS>                                      36,712,529
<ACCUMULATED-NII-PRIOR>                                        316,530
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                     794,500
<GROSS-ADVISORY-FEES>                                        1,676,478
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,686,039
<AVERAGE-NET-ASSETS>                                       490,917,348
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.02)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.70%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                               6
              <NAME>                     GALAXY  U.S. TREASURY MM - TRU
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      830,787,095
<INVESTMENTS-AT-VALUE>                                     830,787,095
<RECEIVABLES>                                                5,409,210
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             836,196,305
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,922,305
<TOTAL-LIABILITIES>                                          1,922,305
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   834,749,659
<SHARES-COMMON-STOCK>                                      330,816,239
<SHARES-COMMON-PRIOR>                                      354,579,593
<ACCUMULATED-NII-CURRENT>                                      316,530
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       792,189
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                               834,274,000
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           22,189,912
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,658,492
<NET-INVESTMENT-INCOME>                                     19,531,420
<REALIZED-GAINS-CURRENT>                                         2,311
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                       19,533,731
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (8,532,411)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 584,029,012
<NUMBER-OF-SHARES-REDEEMED($)>                             607,975,383
<SHARES-REINVESTED($)>                                         183,017
<NET-CHANGE-IN-ASSETS>                                      36,712,529
<ACCUMULATED-NII-PRIOR>                                        316,530
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                     794,500
<GROSS-ADVISORY-FEES>                                        1,676,478
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,686,039
<AVERAGE-NET-ASSETS>                                       367,866,104
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.02)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.53%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   105A
              <NAME>                     GALAXY EQUITY VALUE RETAIL A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      310,188,496
<INVESTMENTS-AT-VALUE>                                     362,648,774
<RECEIVABLES>                                                1,700,134
<ASSETS-OTHER>                                                     538
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             364,349,446
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      904,021
<TOTAL-LIABILITIES>                                            904,021
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   287,180,092
<SHARES-COMMON-STOCK>                                        9,587,479
<SHARES-COMMON-PRIOR>                                        8,269,298
<ACCUMULATED-NII-CURRENT>                                       72,983
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     23,732,072
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    52,460,278
<NET-ASSETS>                                               363,445,425
<DIVIDEND-INCOME>                                            3,072,589
<INTEREST-INCOME>                                              548,393
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,083,962
<NET-INVESTMENT-INCOME>                                      1,537,020
<REALIZED-GAINS-CURRENT>                                    23,813,882
<APPREC-INCREASE-CURRENT>                                    6,646,643
<NET-CHANGE-FROM-OPS>                                       31,997,545
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      569,317
<DISTRIBUTIONS-OF-GAINS>                                    15,644,273
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  16,720,665
<NUMBER-OF-SHARES-REDEEMED($)>                              12,962,829
<SHARES-REINVESTED($)>                                      16,042,224
<NET-CHANGE-IN-ASSETS>                                      34,705,127
<ACCUMULATED-NII-PRIOR>                                        288,324
<ACCUMULATED-GAINS-PRIOR>                                   38,889,289
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,296,325
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,093,483
<AVERAGE-NET-ASSETS>                                       348,551,378
<PER-SHARE-NAV-BEGIN>                                            15.96
<PER-SHARE-NII>                                                   0.05
<PER-SHARE-GAIN-APPREC>                                           1.43
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.06)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.90)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.48
<EXPENSE-RATIO>                                                   1.40%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   105B
              <NAME>                     GALAXY EQUITY VALUE TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      310,188,496
<INVESTMENTS-AT-VALUE>                                     362,648,774
<RECEIVABLES>                                                1,700,134
<ASSETS-OTHER>                                                     538
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             364,349,446
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      904,021
<TOTAL-LIABILITIES>                                            904,021
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   287,180,092
<SHARES-COMMON-STOCK>                                       13,397,422
<SHARES-COMMON-PRIOR>                                       12,206,996
<ACCUMULATED-NII-CURRENT>                                       72,983
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     23,732,072
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    52,460,278
<NET-ASSETS>                                               363,445,425
<DIVIDEND-INCOME>                                            3,072,589
<INTEREST-INCOME>                                              548,393
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,083,962
<NET-INVESTMENT-INCOME>                                      1,537,020
<REALIZED-GAINS-CURRENT>                                    23,813,882
<APPREC-INCREASE-CURRENT>                                    6,646,643
<NET-CHANGE-FROM-OPS>                                       31,997,545
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    1,178,868
<DISTRIBUTIONS-OF-GAINS>                                    23,060,210
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  42,491,612
<NUMBER-OF-SHARES-REDEEMED($)>                              43,049,482
<SHARES-REINVESTED($)>                                      18,555,258
<NET-CHANGE-IN-ASSETS>                                      34,705,127
<ACCUMULATED-NII-PRIOR>                                        288,324
<ACCUMULATED-GAINS-PRIOR>                                   38,889,289
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,296,325
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,093,483
<AVERAGE-NET-ASSETS>                                       348,551,378
<PER-SHARE-NAV-BEGIN>                                            15.96
<PER-SHARE-NII>                                                   0.08
<PER-SHARE-GAIN-APPREC>                                           1.43
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.09)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.90)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.48
<EXPENSE-RATIO>                                                   1.05%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   105C
              <NAME>                     GALAXY EQUITY VALUE CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      310,188,496
<INVESTMENTS-AT-VALUE>                                     362,648,774
<RECEIVABLES>                                                1,700,134
<ASSETS-OTHER>                                                     538
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             364,349,446
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      904,021
<TOTAL-LIABILITIES>                                            904,021
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   287,180,092
<SHARES-COMMON-STOCK>                                          488,167
<SHARES-COMMON-PRIOR>                                          119,776
<ACCUMULATED-NII-CURRENT>                                       72,983
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     23,732,072
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    52,460,278
<NET-ASSETS>                                               363,445,425
<DIVIDEND-INCOME>                                            3,072,589
<INTEREST-INCOME>                                              548,393
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,083,962
<NET-INVESTMENT-INCOME>                                      1,537,020
<REALIZED-GAINS-CURRENT>                                    23,813,882
<APPREC-INCREASE-CURRENT>                                    6,646,643
<NET-CHANGE-FROM-OPS>                                       31,997,545
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                        4,176
<DISTRIBUTIONS-OF-GAINS>                                       266,616
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   5,515,059
<NUMBER-OF-SHARES-REDEEMED($)>                                 148,837
<SHARES-REINVESTED($)>                                         267,372
<NET-CHANGE-IN-ASSETS>                                      34,705,127
<ACCUMULATED-NII-PRIOR>                                        288,324
<ACCUMULATED-GAINS-PRIOR>                                   38,889,289
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,296,325
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,093,483
<AVERAGE-NET-ASSETS>                                       348,551,378
<PER-SHARE-NAV-BEGIN>                                            15.99
<PER-SHARE-NII>                                                   0.01
<PER-SHARE-GAIN-APPREC>                                           1.43
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.02)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.90)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.51
<EXPENSE-RATIO>                                                   2.06%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   106A
              <NAME>                     GALAXY EQUITY GROWTH RETAIL A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      620,542,512
<INVESTMENTS-AT-VALUE>                                     846,533,450
<RECEIVABLES>                                                1,259,897
<ASSETS-OTHER>                                                   1,378
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             847,794,725
<PAYABLE-FOR-SECURITIES>                                     2,608,575
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,435,635
<TOTAL-LIABILITIES>                                          5,044,210
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   552,990,912
<SHARES-COMMON-STOCK>                                        8,743,868
<SHARES-COMMON-PRIOR>                                        7,893,497
<ACCUMULATED-NII-CURRENT>                                      262,896
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     63,505,769
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                   225,990,938
<NET-ASSETS>                                               842,750,515
<DIVIDEND-INCOME>                                            4,891,572
<INTEREST-INCOME>                                            1,528,220
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               4,173,325
<NET-INVESTMENT-INCOME>                                      2,246,467
<REALIZED-GAINS-CURRENT>                                    63,507,913
<APPREC-INCREASE-CURRENT>                                    9,790,596
<NET-CHANGE-FROM-OPS>                                       75,544,976
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      246,174
<DISTRIBUTIONS-OF-GAINS>                                    10,203,437
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  19,914,262
<NUMBER-OF-SHARES-REDEEMED($)>                              12,827,153
<SHARES-REINVESTED($)>                                      10,314,094
<NET-CHANGE-IN-ASSETS>                                     115,536,042
<ACCUMULATED-NII-PRIOR>                                        395,041
<ACCUMULATED-GAINS-PRIOR>                                   45,681,548
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,939,982
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              4,185,425
<AVERAGE-NET-ASSETS>                                       790,492,448
<PER-SHARE-NAV-BEGIN>                                            20.37
<PER-SHARE-NII>                                                   0.03
<PER-SHARE-GAIN-APPREC>                                           1.99
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.03)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.28)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              21.08
<EXPENSE-RATIO>                                                   1.39%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   106B
              <NAME>                     GALAXY EQUITY GROWTH TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      620,542,512
<INVESTMENTS-AT-VALUE>                                     846,533,450
<RECEIVABLES>                                                1,259,897
<ASSETS-OTHER>                                                   1,378
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             847,794,725
<PAYABLE-FOR-SECURITIES>                                     2,608,575
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,435,635
<TOTAL-LIABILITIES>                                          5,044,210
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   552,990,912
<SHARES-COMMON-STOCK>                                       30,673,702
<SHARES-COMMON-PRIOR>                                       27,580,152
<ACCUMULATED-NII-CURRENT>                                      262,896
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     63,505,769
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                   225,990,938
<NET-ASSETS>                                               842,750,515
<DIVIDEND-INCOME>                                            4,891,572
<INTEREST-INCOME>                                            1,528,220
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               4,173,325
<NET-INVESTMENT-INCOME>                                      2,246,467
<REALIZED-GAINS-CURRENT>                                    63,507,913
<APPREC-INCREASE-CURRENT>                                    9,790,596
<NET-CHANGE-FROM-OPS>                                       75,544,976
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    2,132,438
<DISTRIBUTIONS-OF-GAINS>                                    35,183,098
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 116,627,299
<NUMBER-OF-SHARES-REDEEMED($)>                              78,244,798
<SHARES-REINVESTED($)>                                      25,329,306
<NET-CHANGE-IN-ASSETS>                                     115,536,042
<ACCUMULATED-NII-PRIOR>                                        395,041
<ACCUMULATED-GAINS-PRIOR>                                   45,681,548
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,939,982
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              4,185,425
<AVERAGE-NET-ASSETS>                                       790,492,448
<PER-SHARE-NAV-BEGIN>                                            20.39
<PER-SHARE-NII>                                                   0.07
<PER-SHARE-GAIN-APPREC>                                           1.99
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.07)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.28)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              21.10
<EXPENSE-RATIO>                                                   0.96%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   106C
              <NAME>                     GALAXY EQUITY GROWTH  CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      620,542,512
<INVESTMENTS-AT-VALUE>                                     846,533,450
<RECEIVABLES>                                                1,259,897
<ASSETS-OTHER>                                                   1,378
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             847,794,725
<PAYABLE-FOR-SECURITIES>                                     2,608,575
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,435,635
<TOTAL-LIABILITIES>                                          5,044,210
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   552,990,912
<SHARES-COMMON-STOCK>                                          535,003
<SHARES-COMMON-PRIOR>                                          197,185
<ACCUMULATED-NII-CURRENT>                                      262,896
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     63,505,769
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                   225,990,938
<NET-ASSETS>                                               842,750,515
<DIVIDEND-INCOME>                                            4,891,572
<INTEREST-INCOME>                                            1,528,220
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               4,173,325
<NET-INVESTMENT-INCOME>                                      2,246,467
<REALIZED-GAINS-CURRENT>                                    63,507,913
<APPREC-INCREASE-CURRENT>                                    9,790,596
<NET-CHANGE-FROM-OPS>                                       75,544,976
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                       297,157
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   6,973,574
<NUMBER-OF-SHARES-REDEEMED($)>                                 329,593
<SHARES-REINVESTED($)>                                         296,379
<NET-CHANGE-IN-ASSETS>                                     115,536,042
<ACCUMULATED-NII-PRIOR>                                        395,041
<ACCUMULATED-GAINS-PRIOR>                                   45,681,548
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,939,982
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              4,185,425
<AVERAGE-NET-ASSETS>                                       790,492,448
<PER-SHARE-NAV-BEGIN>                                            20.26
<PER-SHARE-NII>                                                  (0.02)
<PER-SHARE-GAIN-APPREC>                                           1.96
<PER-SHARE-INCOME DISTRIBUTION>                                   0.00
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.28)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              20.92
<EXPENSE-RATIO>                                                   2.01%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   107A
              <NAME>                     GALAXY EQUITY INCOME RETAIL A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      195,047,445
<INVESTMENTS-AT-VALUE>                                     256,141,524
<RECEIVABLES>                                                  677,996
<ASSETS-OTHER>                                                   1,539
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             256,821,059
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      321,361
<TOTAL-LIABILITIES>                                            321,361
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   193,874,905
<SHARES-COMMON-STOCK>                                        8,574,247
<SHARES-COMMON-PRIOR>                                        7,506,038
<ACCUMULATED-NII-CURRENT>                                      387,691
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                      1,143,023
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    61,094,079
<NET-ASSETS>                                               256,499,698
<DIVIDEND-INCOME>                                            2,652,995
<INTEREST-INCOME>                                            1,284,333
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,511,379
<NET-INVESTMENT-INCOME>                                      2,425,949
<REALIZED-GAINS-CURRENT>                                     1,142,722
<APPREC-INCREASE-CURRENT>                                   21,399,684
<NET-CHANGE-FROM-OPS>                                       24,968,355
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    1,240,082
<DISTRIBUTIONS-OF-GAINS>                                    10,947,177
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  17,172,140
<NUMBER-OF-SHARES-REDEEMED($)>                              11,454,282
<SHARES-REINVESTED($)>                                      11,747,849
<NET-CHANGE-IN-ASSETS>                                      23,453,890
<ACCUMULATED-NII-PRIOR>                                        425,338
<ACCUMULATED-GAINS-PRIOR>                                   19,910,652
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          917,397
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,511,379
<AVERAGE-NET-ASSETS>                                       246,666,496
<PER-SHARE-NAV-BEGIN>                                            16.91
<PER-SHARE-NII>                                                   0.14
<PER-SHARE-GAIN-APPREC>                                           1.57
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.15)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.44)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              17.03
<EXPENSE-RATIO>                                                   1.44%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   107B
              <NAME>                     GALAXY EQUITY INCOME TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      195,047,445
<INVESTMENTS-AT-VALUE>                                     256,141,524
<RECEIVABLES>                                                  677,996
<ASSETS-OTHER>                                                   1,539
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             256,821,059
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      321,361
<TOTAL-LIABILITIES>                                            321,361
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   193,874,905
<SHARES-COMMON-STOCK>                                        6,485,353
<SHARES-COMMON-PRIOR>                                        6,268,275
<ACCUMULATED-NII-CURRENT>                                      387,691
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                      1,143,023
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    61,094,079
<NET-ASSETS>                                               256,499,698
<DIVIDEND-INCOME>                                            2,652,995
<INTEREST-INCOME>                                            1,284,333
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,511,379
<NET-INVESTMENT-INCOME>                                      2,425,949
<REALIZED-GAINS-CURRENT>                                     1,142,722
<APPREC-INCREASE-CURRENT>                                   21,399,684
<NET-CHANGE-FROM-OPS>                                       24,968,355
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    1,223,514
<DISTRIBUTIONS-OF-GAINS>                                     8,963,174
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   7,025,612
<NUMBER-OF-SHARES-REDEEMED($)>                               9,927,473
<SHARES-REINVESTED($)>                                       6,295,636
<NET-CHANGE-IN-ASSETS>                                      23,453,890
<ACCUMULATED-NII-PRIOR>                                        425,338
<ACCUMULATED-GAINS-PRIOR>                                   19,910,652
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          917,397
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,511,379
<AVERAGE-NET-ASSETS>                                       246,666,496
<PER-SHARE-NAV-BEGIN>                                            16.93
<PER-SHARE-NII>                                                   0.19
<PER-SHARE-GAIN-APPREC>                                           1.55
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.19)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.44)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              17.04
<EXPENSE-RATIO>                                                   0.98%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   108A
              <NAME>                     GALAXY INTERNATIONAL EQ RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      236,112,171
<INVESTMENTS-AT-VALUE>                                     260,657,881
<RECEIVABLES>                                               35,083,131
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         2,366,623
<TOTAL-ASSETS>                                             298,107,635
<PAYABLE-FOR-SECURITIES>                                    11,591,203
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                   27,630,865
<TOTAL-LIABILITIES>                                         39,222,068
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   234,026,148
<SHARES-COMMON-STOCK>                                        2,780,022
<SHARES-COMMON-PRIOR>                                        2,521,956
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                         129,854
<ACCUMULATED-NET-GAINS>                                        407,830
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    24,581,443
<NET-ASSETS>                                               258,885,567
<DIVIDEND-INCOME>                                            1,512,216
<INTEREST-INCOME>                                              255,393
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,329,470
<NET-INVESTMENT-INCOME>                                        438,139
<REALIZED-GAINS-CURRENT>                                       408,912
<APPREC-INCREASE-CURRENT>                                   18,612,044
<NET-CHANGE-FROM-OPS>                                       19,459,095
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      451,614
<DISTRIBUTIONS-OF-GAINS>                                     1,728,957
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   6,151,915
<NUMBER-OF-SHARES-REDEEMED($)>                               4,787,830
<SHARES-REINVESTED($)>                                       2,141,487
<NET-CHANGE-IN-ASSETS>                                      51,180,891
<ACCUMULATED-NII-PRIOR>                                      2,497,207
<ACCUMULATED-GAINS-PRIOR>                                   10,541,488
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,083,594
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,706,754
<AVERAGE-NET-ASSETS>                                       233,547,036
<PER-SHARE-NAV-BEGIN>                                            13.94
<PER-SHARE-NII>                                                   0.00
<PER-SHARE-GAIN-APPREC>                                           1.12
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.18)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.68)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.20
<EXPENSE-RATIO>                                                   1.61%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   108B
              <NAME>                     GALAXY INTERNATIONAL EQ TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      236,112,171
<INVESTMENTS-AT-VALUE>                                     260,657,881
<RECEIVABLES>                                               35,083,131
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         2,366,623
<TOTAL-ASSETS>                                             298,107,635
<PAYABLE-FOR-SECURITIES>                                    11,591,203
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                   27,630,865
<TOTAL-LIABILITIES>                                         39,222,068
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   234,026,148
<SHARES-COMMON-STOCK>                                       15,332,835
<SHARES-COMMON-PRIOR>                                       12,313,125
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                         129,854
<ACCUMULATED-NET-GAINS>                                        407,830
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    24,581,443
<NET-ASSETS>                                               258,885,567
<DIVIDEND-INCOME>                                            1,512,216
<INTEREST-INCOME>                                              255,393
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,329,470
<NET-INVESTMENT-INCOME>                                        438,139
<REALIZED-GAINS-CURRENT>                                       408,912
<APPREC-INCREASE-CURRENT>                                   18,612,044
<NET-CHANGE-FROM-OPS>                                       19,459,095
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    2,613,586
<DISTRIBUTIONS-OF-GAINS>                                     8,813,613
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  81,219,864
<NUMBER-OF-SHARES-REDEEMED($)>                              45,493,898
<SHARES-REINVESTED($)>                                       6,098,028
<NET-CHANGE-IN-ASSETS>                                      51,180,891
<ACCUMULATED-NII-PRIOR>                                      2,497,207
<ACCUMULATED-GAINS-PRIOR>                                   10,541,488
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,083,594
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,706,754
<AVERAGE-NET-ASSETS>                                       233,547,036
<PER-SHARE-NAV-BEGIN>                                            14.01
<PER-SHARE-NII>                                                   0.03
<PER-SHARE-GAIN-APPREC>                                           1.15
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.20)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.68)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.31
<EXPENSE-RATIO>                                                   1.06%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   109A
              <NAME>                     GALAXY INT. GOVT INCOME RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      272,427,081
<INVESTMENTS-AT-VALUE>                                     272,309,923
<RECEIVABLES>                                               23,690,487
<ASSETS-OTHER>                                                   1,986
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             296,002,396
<PAYABLE-FOR-SECURITIES>                                    20,388,655
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,324,154
<TOTAL-LIABILITIES>                                         21,712,809
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   303,193,189
<SHARES-COMMON-STOCK>                                        7,044,870
<SHARES-COMMON-PRIOR>                                        7,923,739
<ACCUMULATED-NII-CURRENT>                                      525,316
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                    29,311,760
<ACCUM-APPREC-OR-DEPREC>                                      (117,158)
<NET-ASSETS>                                               274,289,587
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            9,735,726
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,131,009
<NET-INVESTMENT-INCOME>                                      8,604,717
<REALIZED-GAINS-CURRENT>                                      (975,842)
<APPREC-INCREASE-CURRENT>                                   (2,214,288)
<NET-CHANGE-FROM-OPS>                                        5,414,587
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    2,187,356
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   2,214,626
<NUMBER-OF-SHARES-REDEEMED($)>                              12,600,692
<SHARES-REINVESTED($)>                                       1,595,535
<NET-CHANGE-IN-ASSETS>                                     (19,201,222)
<ACCUMULATED-NII-PRIOR>                                        525,316
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                  28,335,918
<GROSS-ADVISORY-FEES>                                        1,062,153
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,414,249
<AVERAGE-NET-ASSETS>                                       280,996,795
<PER-SHARE-NAV-BEGIN>                                            10.06
<PER-SHARE-NII>                                                   0.29
<PER-SHARE-GAIN-APPREC>                                          (0.11)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.29)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.95
<EXPENSE-RATIO>                                                   1.00%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   109B
              <NAME>                     GALAXY INT. GOVT INCOME TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      272,427,081
<INVESTMENTS-AT-VALUE>                                     272,309,923
<RECEIVABLES>                                               23,690,487
<ASSETS-OTHER>                                                   1,986
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             296,002,396
<PAYABLE-FOR-SECURITIES>                                    20,388,655
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,324,154
<TOTAL-LIABILITIES>                                         21,712,809
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   303,193,189
<SHARES-COMMON-STOCK>                                       20,513,057
<SHARES-COMMON-PRIOR>                                       21,239,771
<ACCUMULATED-NII-CURRENT>                                      525,316
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                    29,311,760
<ACCUM-APPREC-OR-DEPREC>                                      (117,158)
<NET-ASSETS>                                               274,289,587
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            9,735,726
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,131,009
<NET-INVESTMENT-INCOME>                                      8,604,717
<REALIZED-GAINS-CURRENT>                                      (975,842)
<APPREC-INCREASE-CURRENT>                                   (2,214,288)
<NET-CHANGE-FROM-OPS>                                        5,414,587
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    6,417,361
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  16,812,377
<NUMBER-OF-SHARES-REDEEMED($)>                              25,820,487
<SHARES-REINVESTED($)>                                       1,787,549
<NET-CHANGE-IN-ASSETS>                                     (19,201,222)
<ACCUMULATED-NII-PRIOR>                                        525,316
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                  28,335,918
<GROSS-ADVISORY-FEES>                                        1,062,153
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,414,249
<AVERAGE-NET-ASSETS>                                       280,996,795
<PER-SHARE-NAV-BEGIN>                                            10.06
<PER-SHARE-NII>                                                   0.31
<PER-SHARE-GAIN-APPREC>                                          (0.11)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.31)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.95
<EXPENSE-RATIO>                                                   0.73%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   110A
              <NAME>                     GALAXY HIGH QUALITY BOND RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      201,682,547
<INVESTMENTS-AT-VALUE>                                     201,793,345
<RECEIVABLES>                                                8,757,016
<ASSETS-OTHER>                                                   1,226
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             210,551,587
<PAYABLE-FOR-SECURITIES>                                     9,390,112
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,589,357
<TOTAL-LIABILITIES>                                         10,979,469
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   204,224,942
<SHARES-COMMON-STOCK>                                        2,749,428
<SHARES-COMMON-PRIOR>                                        2,960,244
<ACCUMULATED-NII-CURRENT>                                      121,053
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     4,884,675
<ACCUM-APPREC-OR-DEPREC>                                       110,798
<NET-ASSETS>                                               199,572,118
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            6,467,512
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 835,626
<NET-INVESTMENT-INCOME>                                      5,631,886
<REALIZED-GAINS-CURRENT>                                      (265,424)
<APPREC-INCREASE-CURRENT>                                   (3,283,329)
<NET-CHANGE-FROM-OPS>                                        2,083,133
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      859,382
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   2,075,988
<NUMBER-OF-SHARES-REDEEMED($)>                               4,951,525
<SHARES-REINVESTED($)>                                         689,732
<NET-CHANGE-IN-ASSETS>                                      18,867,226
<ACCUMULATED-NII-PRIOR>                                        121,385
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   4,619,251
<GROSS-ADVISORY-FEES>                                          712,781
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,053,928
<AVERAGE-NET-ASSETS>                                       191,650,150
<PER-SHARE-NAV-BEGIN>                                            10.47
<PER-SHARE-NII>                                                   0.30
<PER-SHARE-GAIN-APPREC>                                          (0.19)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.30)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.28
<EXPENSE-RATIO>                                                   0.97%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   110B
              <NAME>                     GALAXY HIGH QUALITY BOND TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      201,682,547
<INVESTMENTS-AT-VALUE>                                     201,793,345
<RECEIVABLES>                                                8,757,016
<ASSETS-OTHER>                                                   1,226
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             210,551,587
<PAYABLE-FOR-SECURITIES>                                     9,390,112
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,589,357
<TOTAL-LIABILITIES>                                         10,979,469
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   204,224,942
<SHARES-COMMON-STOCK>                                       16,549,894
<SHARES-COMMON-PRIOR>                                       14,242,458
<ACCUMULATED-NII-CURRENT>                                      121,053
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     4,884,675
<ACCUM-APPREC-OR-DEPREC>                                       110,798
<NET-ASSETS>                                               199,572,118
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            6,467,512
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 835,626
<NET-INVESTMENT-INCOME>                                      5,631,886
<REALIZED-GAINS-CURRENT>                                      (265,424)
<APPREC-INCREASE-CURRENT>                                   (3,283,329)
<NET-CHANGE-FROM-OPS>                                        2,083,133
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    4,751,532
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  58,556,296
<NUMBER-OF-SHARES-REDEEMED($)>                              37,480,189
<SHARES-REINVESTED($)>                                       3,019,404
<NET-CHANGE-IN-ASSETS>                                      18,867,226
<ACCUMULATED-NII-PRIOR>                                        121,385
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   4,619,251
<GROSS-ADVISORY-FEES>                                          712,781
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,053,928
<AVERAGE-NET-ASSETS>                                       191,650,150
<PER-SHARE-NAV-BEGIN>                                            10.47
<PER-SHARE-NII>                                                   0.31
<PER-SHARE-GAIN-APPREC>                                          (0.19)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.31)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.28
<EXPENSE-RATIO>                                                   0.86%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   110C
              <NAME>                     GALAXY HIGH QUALITY BOND CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      201,682,547
<INVESTMENTS-AT-VALUE>                                     201,793,345
<RECEIVABLES>                                                8,757,016
<ASSETS-OTHER>                                                   1,226
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             210,551,587
<PAYABLE-FOR-SECURITIES>                                     9,390,112
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,589,357
<TOTAL-LIABILITIES>                                         10,979,469
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   204,224,942
<SHARES-COMMON-STOCK>                                          110,784
<SHARES-COMMON-PRIOR>                                           61,751
<ACCUMULATED-NII-CURRENT>                                      121,053
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     4,884,675
<ACCUM-APPREC-OR-DEPREC>                                       110,798
<NET-ASSETS>                                               199,572,118
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            6,467,512
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 835,626
<NET-INVESTMENT-INCOME>                                      5,631,886
<REALIZED-GAINS-CURRENT>                                      (265,424)
<APPREC-INCREASE-CURRENT>                                   (3,283,329)
<NET-CHANGE-FROM-OPS>                                        2,083,133
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       21,304
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                     584,128
<NUMBER-OF-SHARES-REDEEMED($)>                                  95,745
<SHARES-REINVESTED($)>                                          18,222
<NET-CHANGE-IN-ASSETS>                                      18,867,226
<ACCUMULATED-NII-PRIOR>                                        121,385
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   4,619,251
<GROSS-ADVISORY-FEES>                                          712,781
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,053,928
<AVERAGE-NET-ASSETS>                                       191,650,150
<PER-SHARE-NAV-BEGIN>                                            10.47
<PER-SHARE-NII>                                                   0.27
<PER-SHARE-GAIN-APPREC>                                          (0.19)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.27)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.28
<EXPENSE-RATIO>                                                   1.69%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                              11
              <NAME>                     GALAXY SHORT TERM BOND - RETAI
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       86,644,673
<INVESTMENTS-AT-VALUE>                                      86,442,371
<RECEIVABLES>                                                  941,486
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              87,383,857
<PAYABLE-FOR-SECURITIES>                                     2,726,563
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      315,696
<TOTAL-LIABILITIES>                                          3,042,259
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    90,441,243
<SHARES-COMMON-STOCK>                                        3,004,701
<SHARES-COMMON-PRIOR>                                        3,341,269
<ACCUMULATED-NII-CURRENT>                                      130,065
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     6,027,408
<ACCUM-APPREC-OR-DEPREC>                                      (202,302)
<NET-ASSETS>                                                84,341,598
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,789,595
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 411,973
<NET-INVESTMENT-INCOME>                                      2,377,622
<REALIZED-GAINS-CURRENT>                                           942
<APPREC-INCREASE-CURRENT>                                     (708,754)
<NET-CHANGE-FROM-OPS>                                        1,669,810
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (833,629)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   2,281,182
<NUMBER-OF-SHARES-REDEEMED($)>                               6,333,300
<SHARES-REINVESTED($)>                                         702,232
<NET-CHANGE-IN-ASSETS>                                      (7,533,856)
<ACCUMULATED-NII-PRIOR>                                        130,065
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   6,028,350
<GROSS-ADVISORY-FEES>                                          330,741
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                502,573
<AVERAGE-NET-ASSETS>                                        31,798,637
<PER-SHARE-NAV-BEGIN>                                             9.99
<PER-SHARE-NII>                                                   0.26
<PER-SHARE-GAIN-APPREC>                                          (0.08)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.26)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.91
<EXPENSE-RATIO>                                                   1.03%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                              11
              <NAME>                     GALAXY SHORT TERM BOND - TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       86,644,673
<INVESTMENTS-AT-VALUE>                                      86,442,371
<RECEIVABLES>                                                  941,486
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              87,383,857
<PAYABLE-FOR-SECURITIES>                                     2,726,563
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      315,696
<TOTAL-LIABILITIES>                                          3,042,259
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    90,441,243
<SHARES-COMMON-STOCK>                                        5,445,394
<SHARES-COMMON-PRIOR>                                        5,826,883
<ACCUMULATED-NII-CURRENT>                                      130,065
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     6,027,408
<ACCUM-APPREC-OR-DEPREC>                                      (202,302)
<NET-ASSETS>                                                84,341,598
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,789,595
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 411,973
<NET-INVESTMENT-INCOME>                                      2,377,622
<REALIZED-GAINS-CURRENT>                                           942
<APPREC-INCREASE-CURRENT>                                     (708,754)
<NET-CHANGE-FROM-OPS>                                        1,669,810
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,536,089)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  13,991,597
<NUMBER-OF-SHARES-REDEEMED($)>                              18,422,359
<SHARES-REINVESTED($)>                                         645,291
<NET-CHANGE-IN-ASSETS>                                      (7,533,856)
<ACCUMULATED-NII-PRIOR>                                        130,065
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   6,028,350
<GROSS-ADVISORY-FEES>                                          330,741
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                502,573
<AVERAGE-NET-ASSETS>                                        56,788,122
<PER-SHARE-NAV-BEGIN>                                             9.99
<PER-SHARE-NII>                                                   0.27
<PER-SHARE-GAIN-APPREC>                                          (0.08)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.27)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.91
<EXPENSE-RATIO>                                                   0.87%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                              11
              <NAME>                     GALAXY SHORT TERM BOND - CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       86,644,673
<INVESTMENTS-AT-VALUE>                                      86,442,371
<RECEIVABLES>                                                  941,486
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              87,383,857
<PAYABLE-FOR-SECURITIES>                                     2,726,563
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      315,696
<TOTAL-LIABILITIES>                                          3,042,259
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    90,441,243
<SHARES-COMMON-STOCK>                                           51,175
<SHARES-COMMON-PRIOR>                                           26,023
<ACCUMULATED-NII-CURRENT>                                      130,065
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     6,027,408
<ACCUM-APPREC-OR-DEPREC>                                      (202,302)
<NET-ASSETS>                                                84,341,598
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,789,595
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 411,973
<NET-INVESTMENT-INCOME>                                      2,377,622
<REALIZED-GAINS-CURRENT>                                           942
<APPREC-INCREASE-CURRENT>                                     (708,754)
<NET-CHANGE-FROM-OPS>                                        1,669,810
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       (7,904)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                     420,582
<NUMBER-OF-SHARES-REDEEMED($)>                                 117,528
<SHARES-REINVESTED($)>                                           6,259
<NET-CHANGE-IN-ASSETS>                                      (7,533,856)
<ACCUMULATED-NII-PRIOR>                                        130,065
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   6,028,350
<GROSS-ADVISORY-FEES>                                          330,741
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                502,573
<AVERAGE-NET-ASSETS>                                           344,559
<PER-SHARE-NAV-BEGIN>                                             9.99
<PER-SHARE-NII>                                                   0.23
<PER-SHARE-GAIN-APPREC>                                          (0.07)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.24)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.91
<EXPENSE-RATIO>                                                   1.69%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   112A
              <NAME>                     GALAXY ASSET ALLOCATION RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      261,582,815
<INVESTMENTS-AT-VALUE>                                     305,038,718
<RECEIVABLES>                                                4,199,257
<ASSETS-OTHER>                                                     180
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             309,238,155
<PAYABLE-FOR-SECURITIES>                                     5,790,110
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      785,385
<TOTAL-LIABILITIES>                                          6,575,495
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   248,069,975
<SHARES-COMMON-STOCK>                                        9,268,885
<SHARES-COMMON-PRIOR>                                        8,046,520
<ACCUMULATED-NII-CURRENT>                                    1,004,783
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     10,131,999
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    43,455,903
<NET-ASSETS>                                               302,662,660
<DIVIDEND-INCOME>                                            1,166,790
<INTEREST-INCOME>                                            4,281,265
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,801,405
<NET-INVESTMENT-INCOME>                                      3,646,650
<REALIZED-GAINS-CURRENT>                                    10,181,858
<APPREC-INCREASE-CURRENT>                                    6,063,324
<NET-CHANGE-FROM-OPS>                                       19,891,832
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    1,484,846
<DISTRIBUTIONS-OF-GAINS>                                     4,172,278
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  23,695,857
<NUMBER-OF-SHARES-REDEEMED($)>                              11,354,402
<SHARES-REINVESTED($)>                                       5,539,556
<NET-CHANGE-IN-ASSETS>                                      58,650,682
<ACCUMULATED-NII-PRIOR>                                        662,447
<ACCUMULATED-GAINS-PRIOR>                                    8,726,590
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,019,735
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,813,491
<AVERAGE-NET-ASSETS>                                       274,182,948
<PER-SHARE-NAV-BEGIN>                                            14.52
<PER-SHARE-NII>                                                   0.18
<PER-SHARE-GAIN-APPREC>                                           0.91
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.17)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.51)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.93
<EXPENSE-RATIO>                                                   1.40%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   112B
              <NAME>                     GALAXY ASSET ALLOCATION TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      261,582,815
<INVESTMENTS-AT-VALUE>                                     305,038,718
<RECEIVABLES>                                                4,199,257
<ASSETS-OTHER>                                                     180
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             309,238,155
<PAYABLE-FOR-SECURITIES>                                     5,790,110
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      785,385
<TOTAL-LIABILITIES>                                          6,575,495
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   248,069,975
<SHARES-COMMON-STOCK>                                       10,026,193
<SHARES-COMMON-PRIOR>                                        8,508,470
<ACCUMULATED-NII-CURRENT>                                    1,004,783
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     10,131,999
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    43,455,903
<NET-ASSETS>                                               302,662,660
<DIVIDEND-INCOME>                                            1,166,790
<INTEREST-INCOME>                                            4,281,265
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,801,405
<NET-INVESTMENT-INCOME>                                      3,646,650
<REALIZED-GAINS-CURRENT>                                    10,181,858
<APPREC-INCREASE-CURRENT>                                    6,063,324
<NET-CHANGE-FROM-OPS>                                       19,891,832
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    1,714,494
<DISTRIBUTIONS-OF-GAINS>                                     4,447,875
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  35,793,410
<NUMBER-OF-SHARES-REDEEMED($)>                              18,790,626
<SHARES-REINVESTED($)>                                       5,183,249
<NET-CHANGE-IN-ASSETS>                                      58,650,682
<ACCUMULATED-NII-PRIOR>                                        662,447
<ACCUMULATED-GAINS-PRIOR>                                    8,726,590
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,019,735
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,813,491
<AVERAGE-NET-ASSETS>                                       274,182,948
<PER-SHARE-NAV-BEGIN>                                            14.53
<PER-SHARE-NII>                                                   0.20
<PER-SHARE-GAIN-APPREC>                                           0.90
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.19)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.51)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.93
<EXPENSE-RATIO>                                                   1.22%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   112C
              <NAME>                     GALAXY ASSET ALLOCATION CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      261,582,815
<INVESTMENTS-AT-VALUE>                                     305,038,718
<RECEIVABLES>                                                4,199,257
<ASSETS-OTHER>                                                     180
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             309,238,155
<PAYABLE-FOR-SECURITIES>                                     5,790,110
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      785,385
<TOTAL-LIABILITIES>                                          6,575,495
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   248,069,975
<SHARES-COMMON-STOCK>                                          975,596
<SHARES-COMMON-PRIOR>                                          245,172
<ACCUMULATED-NII-CURRENT>                                    1,004,783
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     10,131,999
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    43,455,903
<NET-ASSETS>                                               302,662,660
<DIVIDEND-INCOME>                                            1,166,790
<INTEREST-INCOME>                                            4,281,265
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,801,405
<NET-INVESTMENT-INCOME>                                      3,646,650
<REALIZED-GAINS-CURRENT>                                    10,181,858
<APPREC-INCREASE-CURRENT>                                    6,063,324
<NET-CHANGE-FROM-OPS>                                       19,891,832
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       64,974
<DISTRIBUTIONS-OF-GAINS>                                       156,296
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  11,447,439
<NUMBER-OF-SHARES-REDEEMED($)>                                 927,304
<SHARES-REINVESTED($)>                                         212,434
<NET-CHANGE-IN-ASSETS>                                      58,650,682
<ACCUMULATED-NII-PRIOR>                                        662,447
<ACCUMULATED-GAINS-PRIOR>                                    8,726,590
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,019,735
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,813,491
<AVERAGE-NET-ASSETS>                                       274,182,948
<PER-SHARE-NAV-BEGIN>                                            14.51
<PER-SHARE-NII>                                                   0.14
<PER-SHARE-GAIN-APPREC>                                           0.90
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.13)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.51)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.91
<EXPENSE-RATIO>                                                   2.04%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   113A
              <NAME>                     GALAXY SMALL COMPANY EQ RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      335,387,115
<INVESTMENTS-AT-VALUE>                                     312,886,123
<RECEIVABLES>                                                4,582,414
<ASSETS-OTHER>                                                   3,635
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             317,472,172
<PAYABLE-FOR-SECURITIES>                                     4,788,524
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,246,874
<TOTAL-LIABILITIES>                                          6,035,398
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   313,891,136
<SHARES-COMMON-STOCK>                                        6,281,175
<SHARES-COMMON-PRIOR>                                        5,567,469
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                       1,127,858
<ACCUMULATED-NET-GAINS>                                     21,174,488
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                   (22,500,992)
<NET-ASSETS>                                               311,436,774
<DIVIDEND-INCOME>                                              228,061
<INTEREST-INCOME>                                              556,673
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,912,592
<NET-INVESTMENT-INCOME>                                     (1,127,858)
<REALIZED-GAINS-CURRENT>                                    21,333,769
<APPREC-INCREASE-CURRENT>                                  (71,445,301)
<NET-CHANGE-FROM-OPS>                                      (51,239,390)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                    13,205,190
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 158,008,610
<NUMBER-OF-SHARES-REDEEMED($)>                             159,151,439
<SHARES-REINVESTED($)>                                      12,694,889
<NET-CHANGE-IN-ASSETS>                                      21,687,525
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   34,762,593
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,185,974
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,090,595
<AVERAGE-NET-ASSETS>                                       318,880,707
<PER-SHARE-NAV-BEGIN>                                            19.96
<PER-SHARE-NII>                                                  (0.08)
<PER-SHARE-GAIN-APPREC>                                          (2.40)
<PER-SHARE-INCOME DISTRIBUTION>                                   0.00
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (2.38)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.10
<EXPENSE-RATIO>                                                   1.46%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   113B
              <NAME>                     GALAXY SMALL COMPANY EQ TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      335,387,115
<INVESTMENTS-AT-VALUE>                                     312,886,123
<RECEIVABLES>                                                4,582,414
<ASSETS-OTHER>                                                   3,635
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             317,472,172
<PAYABLE-FOR-SECURITIES>                                     4,788,524
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,246,874
<TOTAL-LIABILITIES>                                          6,035,398
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   313,891,136
<SHARES-COMMON-STOCK>                                       13,621,447
<SHARES-COMMON-PRIOR>                                        8,662,903
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                       1,127,858
<ACCUMULATED-NET-GAINS>                                     21,174,488
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                   (22,500,992)
<NET-ASSETS>                                               311,436,774
<DIVIDEND-INCOME>                                              228,061
<INTEREST-INCOME>                                              556,673
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,912,592
<NET-INVESTMENT-INCOME>                                     (1,127,858)
<REALIZED-GAINS-CURRENT>                                    21,333,769
<APPREC-INCREASE-CURRENT>                                  (71,445,301)
<NET-CHANGE-FROM-OPS>                                      (51,239,390)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                    21,205,020
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 172,532,203
<NUMBER-OF-SHARES-REDEEMED($)>                              95,933,933
<SHARES-REINVESTED($)>                                      14,295,814
<NET-CHANGE-IN-ASSETS>                                      21,687,525
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   34,762,593
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,185,974
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,090,595
<AVERAGE-NET-ASSETS>                                       318,880,707
<PER-SHARE-NAV-BEGIN>                                            20.20
<PER-SHARE-NII>                                                  (0.04)
<PER-SHARE-GAIN-APPREC>                                          (2.43)
<PER-SHARE-INCOME DISTRIBUTION>                                   0.00
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (2.38)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.35
<EXPENSE-RATIO>                                                   1.05%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   113C
              <NAME>                     GALAXY SMALL COMPANY EQ CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      335,387,115
<INVESTMENTS-AT-VALUE>                                     312,886,123
<RECEIVABLES>                                                4,582,414
<ASSETS-OTHER>                                                   3,635
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             317,472,172
<PAYABLE-FOR-SECURITIES>                                     4,788,524
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,246,874
<TOTAL-LIABILITIES>                                          6,035,398
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   313,891,136
<SHARES-COMMON-STOCK>                                          495,324
<SHARES-COMMON-PRIOR>                                          183,748
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                       1,127,858
<ACCUMULATED-NET-GAINS>                                     21,174,488
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                   (22,500,992)
<NET-ASSETS>                                               311,436,774
<DIVIDEND-INCOME>                                              228,061
<INTEREST-INCOME>                                              556,673
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,912,592
<NET-INVESTMENT-INCOME>                                     (1,127,858)
<REALIZED-GAINS-CURRENT>                                    21,333,769
<APPREC-INCREASE-CURRENT>                                  (71,445,301)
<NET-CHANGE-FROM-OPS>                                      (51,239,390)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                       511,664
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   5,207,416
<NUMBER-OF-SHARES-REDEEMED($)>                                 312,661
<SHARES-REINVESTED($)>                                         507,890
<NET-CHANGE-IN-ASSETS>                                      21,687,525
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   34,762,593
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,185,974
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,090,595
<AVERAGE-NET-ASSETS>                                       318,880,707
<PER-SHARE-NAV-BEGIN>                                            19.91
<PER-SHARE-NII>                                                  (0.10)
<PER-SHARE-GAIN-APPREC>                                          (2.42)
<PER-SHARE-INCOME DISTRIBUTION>                                   0.00
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (2.38)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.01
<EXPENSE-RATIO>                                                   2.35%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   114A
              <NAME>                     GALAXY TAX EXEMPT BOND RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      138,820,939
<INVESTMENTS-AT-VALUE>                                     140,289,871
<RECEIVABLES>                                                2,427,412
<ASSETS-OTHER>                                                      47
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             142,717,330
<PAYABLE-FOR-SECURITIES>                                     1,041,210
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      467,090
<TOTAL-LIABILITIES>                                          1,508,300
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   139,436,139
<SHARES-COMMON-STOCK>                                        2,376,152
<SHARES-COMMON-PRIOR>                                        2,628,976
<ACCUMULATED-NII-CURRENT>                                        2,378
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        301,581
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     1,468,932
<NET-ASSETS>                                               141,209,030
<DIVIDEND-INCOME>                                               11,899
<INTEREST-INCOME>                                            3,896,820
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 526,464
<NET-INVESTMENT-INCOME>                                      3,382,255
<REALIZED-GAINS-CURRENT>                                       300,222
<APPREC-INCREASE-CURRENT>                                   (1,433,889)
<NET-CHANGE-FROM-OPS>                                        2,248,588
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      627,934
<DISTRIBUTIONS-OF-GAINS>                                        15,841
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                     839,568
<NUMBER-OF-SHARES-REDEEMED($)>                               4,023,915
<SHARES-REINVESTED($)>                                         464,964
<NET-CHANGE-IN-ASSETS>                                       8,920,171
<ACCUMULATED-NII-PRIOR>                                          2,378
<ACCUMULATED-GAINS-PRIOR>                                       79,784
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          523,406
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                707,808
<AVERAGE-NET-ASSETS>                                       140,731,587
<PER-SHARE-NAV-BEGIN>                                            10.78
<PER-SHARE-NII>                                                   0.25
<PER-SHARE-GAIN-APPREC>                                          (0.08)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.25)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.01)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.69
<EXPENSE-RATIO>                                                   0.95%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   114B
              <NAME>                     GALAXY TAX EXEMPT BOND TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      138,820,939
<INVESTMENTS-AT-VALUE>                                     140,289,871
<RECEIVABLES>                                                2,427,412
<ASSETS-OTHER>                                                      47
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             142,717,330
<PAYABLE-FOR-SECURITIES>                                     1,041,210
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      467,090
<TOTAL-LIABILITIES>                                          1,508,300
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   139,436,139
<SHARES-COMMON-STOCK>                                       10,718,425
<SHARES-COMMON-PRIOR>                                        9,570,225
<ACCUMULATED-NII-CURRENT>                                        2,378
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        301,581
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     1,468,932
<NET-ASSETS>                                               141,209,030
<DIVIDEND-INCOME>                                               11,899
<INTEREST-INCOME>                                            3,896,820
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 526,464
<NET-INVESTMENT-INCOME>                                      3,382,255
<REALIZED-GAINS-CURRENT>                                       300,222
<APPREC-INCREASE-CURRENT>                                   (1,433,889)
<NET-CHANGE-FROM-OPS>                                        2,248,588
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    2,736,273
<DISTRIBUTIONS-OF-GAINS>                                        62,125
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  18,134,855
<NUMBER-OF-SHARES-REDEEMED($)>                               6,530,528
<SHARES-REINVESTED($)>                                         814,244
<NET-CHANGE-IN-ASSETS>                                       8,920,171
<ACCUMULATED-NII-PRIOR>                                          2,378
<ACCUMULATED-GAINS-PRIOR>                                       79,784
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          523,406
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                707,808
<AVERAGE-NET-ASSETS>                                       140,731,587
<PER-SHARE-NAV-BEGIN>                                            10.78
<PER-SHARE-NII>                                                   0.26
<PER-SHARE-GAIN-APPREC>                                          (0.08)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.26)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.01)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.69
<EXPENSE-RATIO>                                                   0.70%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   114C
              <NAME>                     GALAXY TAX EXEMPT BOND CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      138,820,939
<INVESTMENTS-AT-VALUE>                                     140,289,871
<RECEIVABLES>                                                2,427,412
<ASSETS-OTHER>                                                      47
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             142,717,330
<PAYABLE-FOR-SECURITIES>                                     1,041,210
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      467,090
<TOTAL-LIABILITIES>                                          1,508,300
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   139,436,139
<SHARES-COMMON-STOCK>                                          113,373
<SHARES-COMMON-PRIOR>                                           72,978
<ACCUMULATED-NII-CURRENT>                                        2,378
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        301,581
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     1,468,932
<NET-ASSETS>                                               141,209,030
<DIVIDEND-INCOME>                                               11,899
<INTEREST-INCOME>                                            3,896,820
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 526,464
<NET-INVESTMENT-INCOME>                                      3,382,255
<REALIZED-GAINS-CURRENT>                                       300,222
<APPREC-INCREASE-CURRENT>                                   (1,433,889)
<NET-CHANGE-FROM-OPS>                                        2,248,588
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       18,048
<DISTRIBUTIONS-OF-GAINS>                                           459
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                     453,067
<NUMBER-OF-SHARES-REDEEMED($)>                                  27,539
<SHARES-REINVESTED($)>                                           7,547
<NET-CHANGE-IN-ASSETS>                                       8,920,171
<ACCUMULATED-NII-PRIOR>                                          2,378
<ACCUMULATED-GAINS-PRIOR>                                       79,784
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          523,406
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                707,808
<AVERAGE-NET-ASSETS>                                       140,731,587
<PER-SHARE-NAV-BEGIN>                                            10.78
<PER-SHARE-NII>                                                   0.22
<PER-SHARE-GAIN-APPREC>                                          (0.08)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.22)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.01)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.69
<EXPENSE-RATIO>                                                   1.62%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   115A
              <NAME>                     GALAXY NY MUNI BOND RETAIL A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       60,984,289
<INVESTMENTS-AT-VALUE>                                      62,056,239
<RECEIVABLES>                                                1,089,659
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              63,145,898
<PAYABLE-FOR-SECURITIES>                                     1,041,210
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      215,357
<TOTAL-LIABILITIES>                                          1,256,567
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    62,524,320
<SHARES-COMMON-STOCK>                                        3,480,243
<SHARES-COMMON-PRIOR>                                        3,735,346
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     1,706,939
<ACCUM-APPREC-OR-DEPREC>                                     1,071,950
<NET-ASSETS>                                                61,889,331
<DIVIDEND-INCOME>                                                3,386
<INTEREST-INCOME>                                            1,737,214
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 270,925
<NET-INVESTMENT-INCOME>                                      1,469,675
<REALIZED-GAINS-CURRENT>                                       191,076
<APPREC-INCREASE-CURRENT>                                     (473,192)
<NET-CHANGE-FROM-OPS>                                        1,187,559
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      893,129
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   2,601,979
<NUMBER-OF-SHARES-REDEEMED($)>                               5,986,759
<SHARES-REINVESTED($)>                                         642,588
<NET-CHANGE-IN-ASSETS>                                      (2,026,594)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   1,898,015
<GROSS-ADVISORY-FEES>                                          235,588
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                370,668
<AVERAGE-NET-ASSETS>                                        63,344,121
<PER-SHARE-NAV-BEGIN>                                            10.75
<PER-SHARE-NII>                                                   0.25
<PER-SHARE-GAIN-APPREC>                                          (0.05)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.25)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.70
<EXPENSE-RATIO>                                                   0.96%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   115B
              <NAME>                     GALAXY NY MUNI BOND TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       60,984,289
<INVESTMENTS-AT-VALUE>                                      62,056,239
<RECEIVABLES>                                                1,089,659
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              63,145,898
<PAYABLE-FOR-SECURITIES>                                     1,041,210
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      215,357
<TOTAL-LIABILITIES>                                          1,256,567
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    62,524,320
<SHARES-COMMON-STOCK>                                        2,303,312
<SHARES-COMMON-PRIOR>                                        2,210,466
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     1,706,939
<ACCUM-APPREC-OR-DEPREC>                                     1,071,950
<NET-ASSETS>                                                61,889,331
<DIVIDEND-INCOME>                                                3,386
<INTEREST-INCOME>                                            1,737,214
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 270,925
<NET-INVESTMENT-INCOME>                                      1,469,675
<REALIZED-GAINS-CURRENT>                                       191,076
<APPREC-INCREASE-CURRENT>                                     (473,192)
<NET-CHANGE-FROM-OPS>                                        1,187,559
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      576,546
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   3,136,472
<NUMBER-OF-SHARES-REDEEMED($)>                               2,214,172
<SHARES-REINVESTED($)>                                          75,414
<NET-CHANGE-IN-ASSETS>                                      (2,026,594)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   1,898,015
<GROSS-ADVISORY-FEES>                                          235,588
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                370,668
<AVERAGE-NET-ASSETS>                                        63,344,121
<PER-SHARE-NAV-BEGIN>                                            10.75
<PER-SHARE-NII>                                                   0.26
<PER-SHARE-GAIN-APPREC>                                          (0.05)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.26)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.70
<EXPENSE-RATIO>                                                   0.70%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   120A
              <NAME>                     GALAXY MASS MUNI BOND RETAIL A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       40,442,774
<INVESTMENTS-AT-VALUE>                                      40,160,761
<RECEIVABLES>                                                  773,622
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                             1,890
<TOTAL-ASSETS>                                              40,936,273
<PAYABLE-FOR-SECURITIES>                                       966,840
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      150,817
<TOTAL-LIABILITIES>                                          1,117,657
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    40,871,876
<SHARES-COMMON-STOCK>                                        2,769,013
<SHARES-COMMON-PRIOR>                                        2,642,762
<ACCUMULATED-NII-CURRENT>                                        1,507
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       772,754
<ACCUM-APPREC-OR-DEPREC>                                      (282,013)
<NET-ASSETS>                                                39,818,616
<DIVIDEND-INCOME>                                                1,507
<INTEREST-INCOME>                                            1,013,731
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 119,752
<NET-INVESTMENT-INCOME>                                        895,486
<REALIZED-GAINS-CURRENT>                                        (3,098)
<APPREC-INCREASE-CURRENT>                                     (279,186)
<NET-CHANGE-FROM-OPS>                                          613,202
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      623,338
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   3,542,521
<NUMBER-OF-SHARES-REDEEMED($)>                               2,747,628
<SHARES-REINVESTED($)>                                         465,161
<NET-CHANGE-IN-ASSETS>                                       2,496,799
<ACCUMULATED-NII-PRIOR>                                         12,622
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                     769,656
<GROSS-ADVISORY-FEES>                                          146,645
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                239,748
<AVERAGE-NET-ASSETS>                                        39,429,422
<PER-SHARE-NAV-BEGIN>                                             9.94
<PER-SHARE-NII>                                                   0.23
<PER-SHARE-GAIN-APPREC>                                          (0.07)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.23)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.87
<EXPENSE-RATIO>                                                   0.68%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   120B
              <NAME>                     GALAXY MASS MUNI BOND TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       40,442,774
<INVESTMENTS-AT-VALUE>                                      40,160,761
<RECEIVABLES>                                                  773,622
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                             1,890
<TOTAL-ASSETS>                                              40,936,273
<PAYABLE-FOR-SECURITIES>                                       966,840
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      150,817
<TOTAL-LIABILITIES>                                          1,117,657
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    40,871,876
<SHARES-COMMON-STOCK>                                        1,265,317
<SHARES-COMMON-PRIOR>                                        1,111,654
<ACCUMULATED-NII-CURRENT>                                        1,507
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       772,754
<ACCUM-APPREC-OR-DEPREC>                                      (282,013)
<NET-ASSETS>                                                39,818,616
<DIVIDEND-INCOME>                                                1,507
<INTEREST-INCOME>                                            1,013,731
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 119,752
<NET-INVESTMENT-INCOME>                                        895,486
<REALIZED-GAINS-CURRENT>                                        (3,098)
<APPREC-INCREASE-CURRENT>                                     (279,186)
<NET-CHANGE-FROM-OPS>                                          613,202
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      283,263
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   2,540,939
<NUMBER-OF-SHARES-REDEEMED($)>                               1,010,795
<SHARES-REINVESTED($)>                                               0
<NET-CHANGE-IN-ASSETS>                                       2,496,799
<ACCUMULATED-NII-PRIOR>                                         12,622
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                     769,656
<GROSS-ADVISORY-FEES>                                          146,645
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                239,748
<AVERAGE-NET-ASSETS>                                        39,429,422
<PER-SHARE-NAV-BEGIN>                                             9.94
<PER-SHARE-NII>                                                   0.23
<PER-SHARE-GAIN-APPREC>                                          (0.07)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.23)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.87
<EXPENSE-RATIO>                                                   0.46%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   121A
              <NAME>                     GALAXY CONN MUNI BOND RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       29,595,522
<INVESTMENTS-AT-VALUE>                                      29,624,838
<RECEIVABLES>                                                  404,868
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                             1,934
<TOTAL-ASSETS>                                              30,031,640
<PAYABLE-FOR-SECURITIES>                                       966,840
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      140,185
<TOTAL-LIABILITIES>                                          1,107,025
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    29,840,791
<SHARES-COMMON-STOCK>                                        2,152,533
<SHARES-COMMON-PRIOR>                                        2,291,223
<ACCUMULATED-NII-CURRENT>                                        1,252
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       946,744
<ACCUM-APPREC-OR-DEPREC>                                        29,316
<NET-ASSETS>                                                28,924,615
<DIVIDEND-INCOME>                                                6,393
<INTEREST-INCOME>                                              737,491
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                  97,370
<NET-INVESTMENT-INCOME>                                        646,514
<REALIZED-GAINS-CURRENT>                                          (177)
<APPREC-INCREASE-CURRENT>                                     (146,998)
<NET-CHANGE-FROM-OPS>                                          499,339
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      493,299
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   1,077,207
<NUMBER-OF-SHARES-REDEEMED($)>                               2,836,191
<SHARES-REINVESTED($)>                                         350,652
<NET-CHANGE-IN-ASSETS>                                        (667,415)
<ACCUMULATED-NII-PRIOR>                                          4,402
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                     946,567
<GROSS-ADVISORY-FEES>                                          109,987
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                197,321
<AVERAGE-NET-ASSETS>                                        29,573,002
<PER-SHARE-NAV-BEGIN>                                            10.14
<PER-SHARE-NII>                                                   0.22
<PER-SHARE-GAIN-APPREC>                                          (0.05)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.22)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.09
<EXPENSE-RATIO>                                                   0.71%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   121B
              <NAME>                     GALAXY CONN MUNI BOND TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       29,595,522
<INVESTMENTS-AT-VALUE>                                      29,624,838
<RECEIVABLES>                                                  404,868
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                             1,934
<TOTAL-ASSETS>                                              30,031,640
<PAYABLE-FOR-SECURITIES>                                       966,840
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      140,185
<TOTAL-LIABILITIES>                                          1,107,025
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    29,840,791
<SHARES-COMMON-STOCK>                                          713,227
<SHARES-COMMON-PRIOR>                                          625,772
<ACCUMULATED-NII-CURRENT>                                        1,252
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                       946,744
<ACCUM-APPREC-OR-DEPREC>                                        29,316
<NET-ASSETS>                                                28,924,615
<DIVIDEND-INCOME>                                                6,393
<INTEREST-INCOME>                                              737,491
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                  97,370
<NET-INVESTMENT-INCOME>                                        646,514
<REALIZED-GAINS-CURRENT>                                          (177)
<APPREC-INCREASE-CURRENT>                                     (146,998)
<NET-CHANGE-FROM-OPS>                                          499,339
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      156,365
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   1,407,548
<NUMBER-OF-SHARES-REDEEMED($)>                                 524,728
<SHARES-REINVESTED($)>                                           8,422
<NET-CHANGE-IN-ASSETS>                                        (667,415)
<ACCUMULATED-NII-PRIOR>                                          4,402
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                     946,567
<GROSS-ADVISORY-FEES>                                          109,987
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                197,321
<AVERAGE-NET-ASSETS>                                        29,573,002
<PER-SHARE-NAV-BEGIN>                                            10.14
<PER-SHARE-NII>                                                   0.23
<PER-SHARE-GAIN-APPREC>                                          (0.05)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.23)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.09
<EXPENSE-RATIO>                                                   0.50%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   123A
              <NAME>                     GALAXY RI MUNI BOND RETAIL A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       14,583,062
<INVESTMENTS-AT-VALUE>                                      14,742,099
<RECEIVABLES>                                                  234,058
<ASSETS-OTHER>                                                  37,950
<OTHER-ITEMS-ASSETS>                                             8,583
<TOTAL-ASSETS>                                              15,022,690
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                       74,075
<TOTAL-LIABILITIES>                                             74,075
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    14,778,115
<SHARES-COMMON-STOCK>                                        1,415,228
<SHARES-COMMON-PRIOR>                                        1,398,502
<ACCUMULATED-NII-CURRENT>                                        2,050
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                          9,413
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                       159,037
<NET-ASSETS>                                                14,948,615
<DIVIDEND-INCOME>                                                2,390
<INTEREST-INCOME>                                              396,992
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                  62,151
<NET-INVESTMENT-INCOME>                                        337,231
<REALIZED-GAINS-CURRENT>                                         9,515
<APPREC-INCREASE-CURRENT>                                      (68,078)
<NET-CHANGE-FROM-OPS>                                          278,668
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      337,231
<DISTRIBUTIONS-OF-GAINS>                                        58,824
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   1,971,000
<NUMBER-OF-SHARES-REDEEMED($)>                               1,964,770
<SHARES-REINVESTED($)>                                         160,033
<NET-CHANGE-IN-ASSETS>                                          48,876
<ACCUMULATED-NII-PRIOR>                                          2,050
<ACCUMULATED-GAINS-PRIOR>                                       58,722
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                           53,706
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                 98,500
<AVERAGE-NET-ASSETS>                                        14,440,289
<PER-SHARE-NAV-BEGIN>                                            10.65
<PER-SHARE-NII>                                                   0.25
<PER-SHARE-GAIN-APPREC>                                          (0.05)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.25)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.04)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.56
<EXPENSE-RATIO>                                                   0.87%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   126B
              <NAME>                     GALAXY CORPORATE BOND - TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       89,393,007
<INVESTMENTS-AT-VALUE>                                      88,045,568
<RECEIVABLES>                                                1,563,310
<ASSETS-OTHER>                                                   4,020
<OTHER-ITEMS-ASSETS>                                            10,310
<TOTAL-ASSETS>                                              89,623,208
<PAYABLE-FOR-SECURITIES>                                       500,050
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      903,527
<TOTAL-LIABILITIES>                                          1,403,577
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    92,362,997
<SHARES-COMMON-STOCK>                                        8,539,302
<SHARES-COMMON-PRIOR>                                       10,228,835
<ACCUMULATED-NII-CURRENT>                                      224,825
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                     3,020,752
<ACCUM-APPREC-OR-DEPREC>                                    (1,347,439)
<NET-ASSETS>                                                88,219,631
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            3,342,864
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 386,113
<NET-INVESTMENT-INCOME>                                      2,956,751
<REALIZED-GAINS-CURRENT>                                      (484,163)
<APPREC-INCREASE-CURRENT>                                   (1,215,685)
<NET-CHANGE-FROM-OPS>                                        1,256,903
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    2,956,751
<DISTRIBUTIONS-OF-GAINS>                                        94,588
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   8,664,672
<NUMBER-OF-SHARES-REDEEMED($)>                              27,974,807
<SHARES-REINVESTED($)>                                       1,596,414
<NET-CHANGE-IN-ASSETS>                                     (19,508,157)
<ACCUMULATED-NII-PRIOR>                                        224,825
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                   2,442,001
<GROSS-ADVISORY-FEES>                                          353,283
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                386,113
<AVERAGE-NET-ASSETS>                                        94,988,139
<PER-SHARE-NAV-BEGIN>                                            10.53
<PER-SHARE-NII>                                                   0.33
<PER-SHARE-GAIN-APPREC>                                          (0.19)
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.33)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (0.01)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.33
<EXPENSE-RATIO>                                                   0.82%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   140A
              <NAME>                     GALAXY GROWTH & INCOME RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      302,541,408
<INVESTMENTS-AT-VALUE>                                     349,982,187
<RECEIVABLES>                                                1,879,104
<ASSETS-OTHER>                                                     644
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             351,861,935
<PAYABLE-FOR-SECURITIES>                                     2,032,430
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,164,986
<TOTAL-LIABILITIES>                                          4,197,416
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   269,256,883
<SHARES-COMMON-STOCK>                                        7,345,662
<SHARES-COMMON-PRIOR>                                        5,643,469
<ACCUMULATED-NII-CURRENT>                                      317,717
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     30,649,140
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    47,440,779
<NET-ASSETS>                                               347,664,519
<DIVIDEND-INCOME>                                            3,175,865
<INTEREST-INCOME>                                              798,497
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,726,138
<NET-INVESTMENT-INCOME>                                      2,248,224
<REALIZED-GAINS-CURRENT>                                    30,929,065
<APPREC-INCREASE-CURRENT>                                    1,408,185
<NET-CHANGE-FROM-OPS>                                       34,585,474
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      724,812
<DISTRIBUTIONS-OF-GAINS>                                     6,955,593
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  24,355,598
<NUMBER-OF-SHARES-REDEEMED($)>                               8,428,551
<SHARES-REINVESTED($)>                                       7,552,970
<NET-CHANGE-IN-ASSETS>                                      78,618,507
<ACCUMULATED-NII-PRIOR>                                        607,040
<ACCUMULATED-GAINS-PRIOR>                                   22,735,617
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,152,852
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,839,664
<AVERAGE-NET-ASSETS>                                       309,975,019
<PER-SHARE-NAV-BEGIN>                                            13.78
<PER-SHARE-NII>                                                   0.10
<PER-SHARE-GAIN-APPREC>                                           1.57
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.12)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.19)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.14
<EXPENSE-RATIO>                                                   1.25%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   140B
              <NAME>                     GALAXY GROWTH & INCOME TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      302,541,408
<INVESTMENTS-AT-VALUE>                                     349,982,187
<RECEIVABLES>                                                1,879,104
<ASSETS-OTHER>                                                     644
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             351,861,935
<PAYABLE-FOR-SECURITIES>                                     2,032,430
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,164,986
<TOTAL-LIABILITIES>                                          4,197,416
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   269,256,883
<SHARES-COMMON-STOCK>                                       15,926,008
<SHARES-COMMON-PRIOR>                                       13,533,483
<ACCUMULATED-NII-CURRENT>                                      317,717
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     30,649,140
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    47,440,779
<NET-ASSETS>                                               347,664,519
<DIVIDEND-INCOME>                                            3,175,865
<INTEREST-INCOME>                                              798,497
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,726,138
<NET-INVESTMENT-INCOME>                                      2,248,224
<REALIZED-GAINS-CURRENT>                                    30,929,065
<APPREC-INCREASE-CURRENT>                                    1,408,185
<NET-CHANGE-FROM-OPS>                                       34,585,474
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                    1,773,564
<DISTRIBUTIONS-OF-GAINS>                                    15,545,257
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  59,049,571
<NUMBER-OF-SHARES-REDEEMED($)>                              42,576,562
<SHARES-REINVESTED($)>                                      16,235,611
<NET-CHANGE-IN-ASSETS>                                      78,618,507
<ACCUMULATED-NII-PRIOR>                                        607,040
<ACCUMULATED-GAINS-PRIOR>                                   22,735,617
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,152,852
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,839,664
<AVERAGE-NET-ASSETS>                                       309,975,019
<PER-SHARE-NAV-BEGIN>                                            13.80
<PER-SHARE-NII>                                                   0.10
<PER-SHARE-GAIN-APPREC>                                           1.57
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.12)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.19)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.16
<EXPENSE-RATIO>                                                   1.03%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   140C
              <NAME>                     GALAXY GROWTH & INCOME CDSC
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      302,541,408
<INVESTMENTS-AT-VALUE>                                     349,982,187
<RECEIVABLES>                                                1,879,104
<ASSETS-OTHER>                                                     644
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             351,861,935
<PAYABLE-FOR-SECURITIES>                                     2,032,430
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,164,986
<TOTAL-LIABILITIES>                                          4,197,416
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   269,256,883
<SHARES-COMMON-STOCK>                                        1,292,232
<SHARES-COMMON-PRIOR>                                          331,354
<ACCUMULATED-NII-CURRENT>                                      317,717
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     30,649,140
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    47,440,779
<NET-ASSETS>                                               347,664,519
<DIVIDEND-INCOME>                                            3,175,865
<INTEREST-INCOME>                                              798,497
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,726,138
<NET-INVESTMENT-INCOME>                                      2,248,224
<REALIZED-GAINS-CURRENT>                                    30,929,065
<APPREC-INCREASE-CURRENT>                                    1,408,185
<NET-CHANGE-FROM-OPS>                                       34,585,474
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       39,171
<DISTRIBUTIONS-OF-GAINS>                                       514,692
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  13,243,148
<NUMBER-OF-SHARES-REDEEMED($)>                                 389,995
<SHARES-REINVESTED($)>                                         544,332
<NET-CHANGE-IN-ASSETS>                                      78,618,507
<ACCUMULATED-NII-PRIOR>                                        607,040
<ACCUMULATED-GAINS-PRIOR>                                   22,735,617
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,152,852
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,839,664
<AVERAGE-NET-ASSETS>                                       309,975,019
<PER-SHARE-NAV-BEGIN>                                            13.77
<PER-SHARE-NII>                                                   0.07
<PER-SHARE-GAIN-APPREC>                                           1.54
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.07)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (1.19)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.12
<EXPENSE-RATIO>                                                   2.01%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   141A
              <NAME>                     GALAXY SMALL CAP VALUE RET A
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      146,452,332
<INVESTMENTS-AT-VALUE>                                     169,558,559
<RECEIVABLES>                                                  351,035
<ASSETS-OTHER>                                                   4,185
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             169,913,779
<PAYABLE-FOR-SECURITIES>                                       326,638
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      505,561
<TOTAL-LIABILITIES>                                            832,199
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   131,049,130
<SHARES-COMMON-STOCK>                                        2,916,959
<SHARES-COMMON-PRIOR>                                        2,332,328
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                         185,668
<ACCUMULATED-NET-GAINS>                                     15,111,891
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    23,106,227
<NET-ASSETS>                                               169,081,580
<DIVIDEND-INCOME>                                              282,157
<INTEREST-INCOME>                                              461,720
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 929,545
<NET-INVESTMENT-INCOME>                                       (185,668)
<REALIZED-GAINS-CURRENT>                                    15,112,748
<APPREC-INCREASE-CURRENT>                                   (5,805,988)
<NET-CHANGE-FROM-OPS>                                        9,121,092
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                     4,993,083
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                   6,009,476
<NUMBER-OF-SHARES-REDEEMED($)>                               3,001,040
<SHARES-REINVESTED($)>                                       4,978,000
<NET-CHANGE-IN-ASSETS>                                      (2,662,162)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   25,575,872
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          644,659
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                990,101
<AVERAGE-NET-ASSETS>                                       173,333,650
<PER-SHARE-NAV-BEGIN>                                            14.75
<PER-SHARE-NII>                                                  (0.03)
<PER-SHARE-GAIN-APPREC>                                           0.79
<PER-SHARE-INCOME DISTRIBUTION>                                   0.00
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (2.14)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              13.37
<EXPENSE-RATIO>                                                   1.29%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   141B
              <NAME>                     GALAXY SMALL CAP VALUE TRUST
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      146,452,332
<INVESTMENTS-AT-VALUE>                                     169,558,559
<RECEIVABLES>                                                  351,035
<ASSETS-OTHER>                                                   4,185
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             169,913,779
<PAYABLE-FOR-SECURITIES>                                       326,638
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      505,561
<TOTAL-LIABILITIES>                                            832,199
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   131,049,130
<SHARES-COMMON-STOCK>                                        9,707,783
<SHARES-COMMON-PRIOR>                                        9,304,295
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                         185,668
<ACCUMULATED-NET-GAINS>                                     15,111,891
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    23,106,227
<NET-ASSETS>                                               169,081,580
<DIVIDEND-INCOME>                                              282,157
<INTEREST-INCOME>                                              461,720
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 929,545
<NET-INVESTMENT-INCOME>                                       (185,668)
<REALIZED-GAINS-CURRENT>                                    15,112,748
<APPREC-INCREASE-CURRENT>                                   (5,805,988)
<NET-CHANGE-FROM-OPS>                                        9,121,092
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                    20,583,646
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  24,023,074
<NUMBER-OF-SHARES-REDEEMED($)>                              38,488,962
<SHARES-REINVESTED($)>                                      20,272,927
<NET-CHANGE-IN-ASSETS>                                      (2,662,162)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   25,575,872
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          644,659
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                990,101
<AVERAGE-NET-ASSETS>                                       173,333,650
<PER-SHARE-NAV-BEGIN>                                            14.76
<PER-SHARE-NII>                                                  (0.01)
<PER-SHARE-GAIN-APPREC>                                           0.79
<PER-SHARE-INCOME DISTRIBUTION>                                   0.00
<PER-SHARE-CAP GAIN DISTRIBUTION>                                (2.14)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              13.40
<EXPENSE-RATIO>                                                   1.02%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                              23
              <NAME>                     GALAXY   MA MUNICIPAL MM
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                       57,702,322
<INVESTMENTS-AT-VALUE>                                      57,702,322
<RECEIVABLES>                                                  352,903
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              58,055,225
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      304,980
<TOTAL-LIABILITIES>                                            304,980
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    57,758,822
<SHARES-COMMON-STOCK>                                       57,758,658
<SHARES-COMMON-PRIOR>                                       47,078,470
<ACCUMULATED-NII-CURRENT>                                        4,003
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                        12,580
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                                57,750,245
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                              916,887
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 159,039
<NET-INVESTMENT-INCOME>                                        757,848
<REALIZED-GAINS-CURRENT>                                             0
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                          757,848
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (753,845)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                  61,614,383
<NUMBER-OF-SHARES-REDEEMED($)>                              51,420,594
<SHARES-REINVESTED($)>                                         486,399
<NET-CHANGE-IN-ASSETS>                                      10,684,191
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                      12,580
<GROSS-ADVISORY-FEES>                                          108,112
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                180,651
<AVERAGE-NET-ASSETS>                                        54,503,989
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.01
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.01)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.59%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                                              24
              <NAME>                     GALAXY   MA MUNICIPAL MM
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      115,916,274
<INVESTMENTS-AT-VALUE>                                     115,916,274
<RECEIVABLES>                                                  920,917
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             116,837,191
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      175,619
<TOTAL-LIABILITIES>                                            175,619
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   116,674,098
<SHARES-COMMON-STOCK>                                      116,667,479
<SHARES-COMMON-PRIOR>                                      110,553,508
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                           5,090
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                         7,436
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                               116,661,572
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            1,974,990
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 331,896
<NET-INVESTMENT-INCOME>                                      1,643,094
<REALIZED-GAINS-CURRENT>                                             0
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        1,643,094
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,639,934)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 141,990,490
<NUMBER-OF-SHARES-REDEEMED($)>                             137,015,508
<SHARES-REINVESTED($)>                                       1,138,989
<NET-CHANGE-IN-ASSETS>                                       6,117,131
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                          8,250
<OVERDIST-NET-GAINS-PRIOR>                                       7,436
<GROSS-ADVISORY-FEES>                                          233,472
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                357,881
<AVERAGE-NET-ASSETS>                                       117,703,433
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.01
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.01)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.57%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>                   150B
              <NAME>                     GALAXY INSTIT. TREASURY MM
       
<S>                                      <C>
<PERIOD-TYPE>                                                   06-MOS
<FISCAL-YEAR-END>                                          OCT-31-1996
<PERIOD-END>                                               APR-30-1997
<INVESTMENTS-AT-COST>                                      423,658,595
<INVESTMENTS-AT-VALUE>                                     423,658,595
<RECEIVABLES>                                                3,049,764
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                             3,201
<TOTAL-ASSETS>                                             426,711,560
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,626,551
<TOTAL-LIABILITIES>                                          1,626,551
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   425,135,189
<SHARES-COMMON-STOCK>                                      425,135,189
<SHARES-COMMON-PRIOR>                                      500,983,355
<ACCUMULATED-NII-CURRENT>                                        4,970
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                        55,150
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                               425,085,009
<DIVIDEND-INCOME>                                              277,965
<INTEREST-INCOME>                                           11,323,362
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 416,595
<NET-INVESTMENT-INCOME>                                     11,184,732
<REALIZED-GAINS-CURRENT>                                         6,085
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                       11,190,817
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   11,184,732
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD($)>                                 953,832,764
<NUMBER-OF-SHARES-REDEEMED($)>                           1,030,608,704
<SHARES-REINVESTED($)>                                         927,774
<NET-CHANGE-IN-ASSETS>                                     (75,842,081)
<ACCUMULATED-NII-PRIOR>                                          4,970
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                      61,235
<GROSS-ADVISORY-FEES>                                          454,840
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                734,983
<AVERAGE-NET-ASSETS>                                       458,609,715
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-INCOME DISTRIBUTION>                                  (0.02)
<PER-SHARE-CAP GAIN DISTRIBUTION>                                 0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.18%
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>


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