<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 291
<NAME> TAX-EXEMPT RESERVES FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 165,126,169
<INVESTMENTS-AT-VALUE> 165,126,169
<RECEIVABLES> 6,241,376
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 171,367,545
<PAYABLE-FOR-SECURITIES> 2,060,585
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 173,870
<TOTAL-LIABILITIES> 2,234,455
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 169,133,090
<SHARES-COMMON-STOCK> 169,133,090
<SHARES-COMMON-PRIOR> 177,841,313
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 169,133,090
<DIVIDEND-INCOME> 92,566
<INTEREST-INCOME> 6,571,978
<OTHER-INCOME> 0
<EXPENSES-NET> 1,737,502
<NET-INVESTMENT-INCOME> 4,927,042
<REALIZED-GAINS-CURRENT> 1,486
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4,928,528
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,927,082
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 803,601,489
<NUMBER-OF-SHARES-REDEEMED> 817,401,263
<SHARES-REINVESTED> 5,091,551
<NET-CHANGE-IN-ASSETS> (8,706,777)
<ACCUMULATED-NII-PRIOR> 40
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 1,486
<GROSS-ADVISORY-FEES> 726,319
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,737,502
<AVERAGE-NET-ASSETS> 181,355,359
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.96
</TABLE>
