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<PAGE> PAGE 2
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<PAGE> PAGE 10
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<PAGE> PAGE 12
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<PAGE> PAGE 16
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<PAGE> PAGE 19
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070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
<PAGE> PAGE 21
070 R010400 Y
070 R020400 N
071 A000400 12820
071 B000400 11341
071 C000400 46620
071 D000400 24
072 A000400 6
072 B000400 16
072 C000400 99
072 D000400 0
072 E000400 0
072 F000400 235
072 G000400 0
072 H000400 0
072 I000400 91
072 J000400 16
072 K000400 0
072 L000400 11
072 M000400 7
072 N000400 53
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 16
072 S000400 8
072 T000400 136
072 U000400 2
072 V000400 0
072 W000400 2
072 X000400 577
072 Y000400 0
072 Z000400 -462
072AA000400 1357
072BB000400 0
072CC010400 9486
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 140
074 B000400 1432
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 51328
074 G000400 0
074 H000400 0
<PAGE> PAGE 22
074 I000400 0
074 J000400 570
074 K000400 0
074 L000400 197
074 M000400 11
074 N000400 53678
074 O000400 671
074 P000400 30
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 155
074 S000400 0
074 T000400 52822
074 U010400 109
074 U020400 2136
074 V010400 0.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 15805
074 Y000400 0
075 A000400 0
075 B000400 46620
076 000400 0.00
015 A000501 PNC BANK
015 B000501 C
015 C010501 PHILADELPHIA
015 C020501 PA
015 C030501 09103
015 E010501 X
028 A010500 1798
028 A020500 1212
028 A030500 0
028 A040500 3455
028 B010500 1989
028 B020500 1205
028 B030500 0
028 B040500 4586
028 C010500 2382
028 C020500 0
028 C030500 0
028 C040500 5174
028 D010500 2805
028 D020500 1112
028 D030500 0
028 D040500 6152
028 E010500 4012
028 E020500 1098
028 E030500 0
028 E040500 6310
<PAGE> PAGE 23
028 F010500 8231
028 F020500 1098
028 F030500 0
028 F040500 8022
028 G010500 21217
028 G020500 5725
028 G030500 0
028 G040500 33699
028 H000500 22988
029 000500 Y
030 A000500 283
030 B000500 6.75
030 C000500 0.00
031 A000500 283
031 B000500 0
032 000500 0
033 000500 0
034 000500 Y
035 000500 47
036 A000500 Y
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 0
044 000500 95
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.000
048 A010500 1000000
048 A020500 0.600
048 B010500 1000000
048 B020500 0.550
048 C010500 1000000
048 C020500 0.500
048 D010500 1000000
048 D020500 0.450
048 E010500 1000000
048 E020500 0.400
048 F010500 0
<PAGE> PAGE 24
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 1000000
048 K020500 0.350
062 A000500 Y
062 B000500 0.0
062 C000500 0.0
062 D000500 1.2
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.4
062 M000500 31.6
062 N000500 66.8
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 10.0
064 A000500 N
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 Y
070 G010500 Y
<PAGE> PAGE 25
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 N
070 J020500 N
070 K010500 N
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 268915
071 B000500 279671
071 C000500 231116
071 D000500 116
072 A000500 6
072 B000500 7020
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 697
072 G000500 0
072 H000500 0
072 I000500 309
072 J000500 11
072 K000500 0
072 L000500 0
072 M000500 8
072 N000500 63
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 10
072 S000500 8
072 T000500 95
072 U000500 0
072 V000500 25
072 W000500 18
072 X000500 1244
<PAGE> PAGE 26
072 Y000500 0
072 Z000500 5776
072AA000500 0
072BB000500 2946
072CC010500 0
072CC020500 5510
072DD010500 5945
072DD020500 877
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 2732
074 C000500 0
074 D000500 221536
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 1926
074 K000500 0
074 L000500 2306
074 M000500 434
074 N000500 228934
074 O000500 1927
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 1770
074 S000500 0
074 T000500 225237
074 U010500 18362
074 U020500 3652
074 V010500 0.00
074 V020500 0.00
074 W000500 0.0000
074 X000500 22189
074 Y000500 0
075 A000500 0
075 B000500 232982
076 000500 0.00
015 A000601 PNC BANK
015 B000601 C
015 C010601 PHILADELPHIA
015 C020601 PA
015 C030601 09103
<PAGE> PAGE 27
015 E010601 X
028 A010600 2553
028 A020600 434
028 A030600 0
028 A040600 2009
028 B010600 1940
028 B020600 435
028 B030600 0
028 B040600 2359
028 C010600 2263
028 C020600 1883
028 C030600 0
028 C040600 1969
028 D010600 2288
028 D020600 468
028 D030600 0
028 D040600 2909
028 E010600 3695
028 E020600 938
028 E030600 0
028 E040600 2984
028 F010600 10707
028 F020600 0
028 F030600 0
028 F040600 3192
028 G010600 23446
028 G020600 4158
028 G030600 0
028 G040600 15422
028 H000600 20529
029 000600 Y
030 A000600 358
030 B000600 4.75
030 C000600 0.00
031 A000600 358
031 B000600 0
032 000600 0
033 000600 0
034 000600 Y
035 000600 18
036 A000600 N
036 B000600 0
037 000600 N
038 000600 0
039 000600 N
040 000600 Y
041 000600 Y
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 0
<PAGE> PAGE 28
042 E000600 0
042 F000600 0
042 G000600 0
042 H000600 0
043 000600 55
044 000600 0
045 000600 Y
046 000600 Y
047 000600 Y
048 000600 0.000
048 A010600 1000000
048 A020600 0.600
048 B010600 1000000
048 B020600 0.550
048 C010600 1000000
048 C020600 0.500
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 3000000
048 K020600 0.450
055 A000600 N
055 B000600 N
056 000600 N
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 Y
060 B000600 Y
061 000600 0
062 A000600 Y
062 B000600 0.0
062 C000600 0.0
062 D000600 1.7
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
<PAGE> PAGE 29
062 K000600 0.0
062 L000600 0.8
062 M000600 0.0
062 N000600 0.0
062 O000600 97.5
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 16.5
064 A000600 Y
064 B000600 N
066 A000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 Y
070 J020600 Y
070 K010600 N
070 K020600 N
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 N
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
<PAGE> PAGE 30
070 R010600 N
070 R020600 N
071 A000600 21214
071 B000600 9791
071 C000600 115983
071 D000600 8
072 A000600 6
072 B000600 3320
072 C000600 0
072 D000600 0
072 E000600 0
072 F000600 351
072 G000600 0
072 H000600 0
072 I000600 94
072 J000600 6
072 K000600 0
072 L000600 0
072 M000600 8
072 N000600 46
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 11
072 S000600 14
072 T000600 55
072 U000600 0
072 V000600 28
072 W000600 22
072 X000600 635
072 Y000600 0
072 Z000600 2685
072AA000600 260
072BB000600 0
072CC010600 0
072CC020600 1500
072DD010600 2189
072DD020600 586
072EE000600 1968
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.2300
073 C000600 0.0000
074 A000600 99
074 B000600 0
074 C000600 2150
074 D000600 121239
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
<PAGE> PAGE 31
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 1901
074 M000600 1719
074 N000600 127108
074 O000600 1940
074 P000600 0
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 765
074 S000600 0
074 T000600 124403
074 U010600 6278
074 U020600 2597
074 V010600 0.00
074 V020600 0.00
074 W000600 0.0000
074 X000600 11479
074 Y000600 5478
075 A000600 0
075 B000600 91416
076 000600 0.00
028 A010700 0
028 A020700 0
028 A030700 0
028 A040700 0
028 B010700 0
028 B020700 0
028 B030700 0
028 B040700 0
028 C010700 0
028 C020700 0
028 C030700 0
028 C040700 0
028 D010700 0
028 D020700 0
028 D030700 0
028 D040700 0
028 E010700 2273
028 E020700 0
028 E030700 0
028 E040700 26
028 F010700 5872
028 F020700 0
028 F030700 0
028 F040700 36
028 G010700 8145
028 G020700 0
<PAGE> PAGE 32
028 G030700 0
028 G040700 62
028 H000700 4432
029 000700 Y
030 A000700 21
030 B000700 8.50
030 C000700 0.00
031 A000700 21
031 B000700 0
032 000700 0
033 000700 0
034 000700 Y
035 000700 0
036 A000700 Y
036 B000700 0
037 000700 N
038 000700 0
039 000700 N
040 000700 Y
041 000700 Y
042 A000700 0
042 B000700 0
042 C000700 0
042 D000700 0
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 0
043 000700 2
044 000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.750
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
<PAGE> PAGE 33
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
049 000700 N
050 000700 N
051 000700 N
052 000700 Y
053 A000700 Y
053 B000700 Y
053 C000700 N
054 A000700 N
054 B000700 N
054 C000700 N
054 D000700 N
054 E000700 N
054 F000700 N
054 G000700 N
054 H000700 N
054 I000700 N
054 J000700 N
054 K000700 N
054 L000700 N
054 M000700 N
054 N000700 N
054 O000700 N
055 A000700 N
055 B000700 N
056 000700 N
057 000700 N
058 A000700 N
059 000700 N
060 A000700 Y
060 B000700 Y
061 000700 25
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
<PAGE> PAGE 34
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 0
063 B000700 0.0
066 A000700 Y
066 C000700 Y
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 Y
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 N
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 N
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 6818
071 B000700 910
071 C000700 3969
071 D000700 23
<PAGE> PAGE 35
072 A000700 2
072 B000700 5
072 C000700 5
072 D000700 0
072 E000700 0
072 F000700 4
072 G000700 0
072 H000700 0
072 I000700 1
072 J000700 1
072 K000700 0
072 L000700 0
072 M000700 1
072 N000700 5
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 5
072 S000700 4
072 T000700 2
072 U000700 0
072 V000700 3
072 W000700 0
072 X000700 26
072 Y000700 17
072 Z000700 9
072AA000700 11
072BB000700 0
072CC010700 118
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 0
074 B000700 2305
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 5985
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 82
074 K000700 14
074 L000700 5
074 M000700 343
074 N000700 8734
<PAGE> PAGE 36
074 O000700 484
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 36
074 S000700 0
074 T000700 8214
074 U010700 22
074 U020700 675
074 V010700 0.00
074 V020700 0.00
074 W000700 0.0000
074 X000700 1034
074 Y000700 2828
075 A000700 0
075 B000700 3958
076 000700 0.00
SIGNATURE PAUL BROOK
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 1
[NAME] EMERGING GROWTH FUND. CLASS 1
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 214,438,506
[INVESTMENTS-AT-VALUE] 255,751,460
[RECEIVABLES] 830,626
[ASSETS-OTHER] 3,479
[OTHER-ITEMS-ASSETS] 39,979,295
[TOTAL-ASSETS] 296,564,860
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 38,912,406
[TOTAL-LIABILITIES] 38,912,406
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 197,796,288
[SHARES-COMMON-STOCK] 400.810
[SHARES-COMMON-PRIOR] 359,359
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 1,468,177
[ACCUMULATED-NET-GAINS] 18,984,684
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 42,339,659
[NET-ASSETS] 257,652,454
[DIVIDEND-INCOME] 410,628
[INTEREST-INCOME] 251,737
[OTHER-INCOME] 0
[EXPENSES-NET] 2,116,558
[NET-INVESTMENT-INCOME] (1,454,193)
[REALIZED-GAINS-CURRENT] 18,840,103
[APPREC-INCREASE-CURRENT] 35,041,578
[NET-CHANGE-FROM-OPS] 52,427,488
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 550,198
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 53,712
[NUMBER-OF-SHARES-REDEEMED] 36,757
[SHARES-REINVESTED] 24,496
[NET-CHANGE-IN-ASSETS] 51,189,081
[ACCUMULATED-NII-PRIOR] (13,984)
[ACCUMULATED-GAINS-PRIOR] 16,220,100
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 763,020
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,116,558
[AVERAGE-NET-ASSETS] 8,227,664
[PER-SHARE-NAV-BEGIN] 20.28
[PER-SHARE-NII] (0.07)
[PER-SHARE-GAIN-APPREC] 05.19
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 01.53
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 23.87
[EXPENSE-RATIO] 01.23
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 1
[NAME] EMERGING GROWTH FUND. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 214,438,506
[INVESTMENTS-AT-VALUE] 255,751,460
[RECEIVABLES] 830,626
[ASSETS-OTHER] 3,479
[OTHER-ITEMS-ASSETS] 39,979,295
[TOTAL-ASSETS] 296,564,860
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 38,912,406
[TOTAL-LIABILITIES] 38,912,406
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 197,796,288
[SHARES-COMMON-STOCK] 5,138,138
[SHARES-COMMON-PRIOR] 5,348,975
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 1,468,177
[ACCUMULATED-NET-GAINS] 18,984,684
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 42,339,659
[NET-ASSETS] 257,652,454
[DIVIDEND-INCOME] 410,628
[INTEREST-INCOME] 251,737
[OTHER-INCOME] 0
[EXPENSES-NET] 2,116,558
[NET-INVESTMENT-INCOME] (1,454,193)
[REALIZED-GAINS-CURRENT] 18,840,103
[APPREC-INCREASE-CURRENT] 35,041,578
[NET-CHANGE-FROM-OPS] 52,427,488
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 8,251,403
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 776,187
[NUMBER-OF-SHARES-REDEEMED] 983,982
[SHARES-REINVESTED] 370,018
[NET-CHANGE-IN-ASSETS] 51,189,081
[ACCUMULATED-NII-PRIOR] (13,984)
[ACCUMULATED-GAINS-PRIOR] 16,220,100
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 763,020
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,116,558
[AVERAGE-NET-ASSETS] 121,771,784
[PER-SHARE-NAV-BEGIN] 20.15
[PER-SHARE-NII] (0.10)
[PER-SHARE-GAIN-APPREC] 05.16
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 01.53
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 23.68
[EXPENSE-RATIO] 01.48
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 1
[NAME] EMERGING GROWTH FUND. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 214,438,506
[INVESTMENTS-AT-VALUE] 255,751,460
[RECEIVABLES] 830,626
[ASSETS-OTHER] 3,479
[OTHER-ITEMS-ASSETS] 39,979,295
[TOTAL-ASSETS] 296,564,860
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 38,912,406
[TOTAL-LIABILITIES] 38,912,406
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 197,796,288
[SHARES-COMMON-STOCK] 5,511,198
[SHARES-COMMON-PRIOR] 4,663,477
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 1,468,177
[ACCUMULATED-NET-GAINS] 18,984,684
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 42,339,659
[NET-ASSETS] 257,652,454
[DIVIDEND-INCOME] 410,628
[INTEREST-INCOME] 251,737
[OTHER-INCOME] 0
[EXPENSES-NET] 2,116,558
[NET-INVESTMENT-INCOME] (1,454,193)
[REALIZED-GAINS-CURRENT] 18,840,103
[APPREC-INCREASE-CURRENT] 35,041,578
[NET-CHANGE-FROM-OPS] 52,427,488
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 7,273,918
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 808,472
[NUMBER-OF-SHARES-REDEEMED] 670,411
[SHARES-REINVESTED] 336,600
[NET-CHANGE-IN-ASSETS] 51,189,081
[ACCUMULATED-NII-PRIOR] (13,984)
[ACCUMULATED-GAINS-PRIOR] 16,220,100
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 763,020
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,116,558
[AVERAGE-NET-ASSETS] 105,863,890
[PER-SHARE-NAV-BEGIN] 19.60
[PER-SHARE-NII] (0.18)
[PER-SHARE-GAIN-APPREC] 05.00
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 01.53
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 22.89
[EXPENSE-RATIO] 02.23
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 2
[NAME] GROWTH FUND. CLASS 1
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 3,230,192,454
[INVESTMENTS-AT-VALUE] 4,959,780,087
[RECEIVABLES] 36,135,929
[ASSETS-OTHER] 436,773,076
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 5,432,689,092
[PAYABLE-FOR-SECURITIES] 20,142,440
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 441,525,121
[TOTAL-LIABILITIES] 461,667,561
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 3,084,632,763
[SHARES-COMMON-STOCK] 192,478,728
[SHARES-COMMON-PRIOR] 186,668,072
[ACCUMULATED-NII-CURRENT] 4,244,954
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 152,556,181
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,729,587,633
[NET-ASSETS] 4,971,021,531
[DIVIDEND-INCOME] 16,074,340
[INTEREST-INCOME] 8,478,511
[OTHER-INCOME] 0
[EXPENSES-NET] 18,878,988
[NET-INVESTMENT-INCOME] 5,673,863
[REALIZED-GAINS-CURRENT] 171,508,201
[APPREC-INCREASE-CURRENT] 929,351,032
[NET-CHANGE-FROM-OPS] 1,106,533,096
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 19,658,403
[DISTRIBUTIONS-OF-GAINS] 336,368,924
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 5,996,864
[NUMBER-OF-SHARES-REDEEMED] 16,869,775
[SHARES-REINVESTED] 16,683,567
[NET-CHANGE-IN-ASSETS] 952,462,671
[ACCUMULATED-NII-PRIOR] 18,724,593
[ACCUMULATED-GAINS-PRIOR] 352,711,708
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 12,952,130
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 18,878,988
[AVERAGE-NET-ASSETS] 4,211,140,017
[PER-SHARE-NAV-BEGIN] 19.59
[PER-SHARE-NII] 00.03
[PER-SHARE-GAIN-APPREC] 05.28
[PER-SHARE-DIVIDEND] 00.11
[PER-SHARE-DISTRIBUTIONS] 01.82
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 22.97
[EXPENSE-RATIO] 00.75
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 2
[NAME] GROWTH FUND. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 3,230,192,454
[INVESTMENTS-AT-VALUE] 4,959,780,087
[RECEIVABLES] 36,135,929
[ASSETS-OTHER] 436,773,076
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 5,432,689,092
[PAYABLE-FOR-SECURITIES] 20,142,440
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 441,525,121
[TOTAL-LIABILITIES] 461,667,561
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 3,084,632,763
[SHARES-COMMON-STOCK] 11,910,836
[SHARES-COMMON-PRIOR] 9,202,418
[ACCUMULATED-NII-CURRENT] 4,244,954
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 152,556,181
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,729,587,633
[NET-ASSETS] 4,971,021,531
[DIVIDEND-INCOME] 16,074,340
[INTEREST-INCOME] 8,478,511
[OTHER-INCOME] 0
[EXPENSES-NET] 18,878,988
[NET-INVESTMENT-INCOME] 5,673,863
[REALIZED-GAINS-CURRENT] 171,508,201
[APPREC-INCREASE-CURRENT] 929,351,032
[NET-CHANGE-FROM-OPS] 1,106,533,096
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 495,099
[DISTRIBUTIONS-OF-GAINS] 17,672,422
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 3,073,357
[NUMBER-OF-SHARES-REDEEMED] 1,217,074
[SHARES-REINVESTED] 852,135
[NET-CHANGE-IN-ASSETS] 952,462,671
[ACCUMULATED-NII-PRIOR] 18,724,593
[ACCUMULATED-GAINS-PRIOR] 352,711,708
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 12,952,130
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 18,878,988
[AVERAGE-NET-ASSETS] 230,486,874
[PER-SHARE-NAV-BEGIN] 19.54
[PER-SHARE-NII] 00.01
[PER-SHARE-GAIN-APPREC] 05.25
[PER-SHARE-DIVIDEND] 00.05
[PER-SHARE-DISTRIBUTIONS] 01.82
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 22.93
[EXPENSE-RATIO] 01.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 2
[NAME] GROWTH FUND. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 3,230,192,454
[INVESTMENTS-AT-VALUE] 4,959,780,087
[RECEIVABLES] 36,135,929
[ASSETS-OTHER] 436,773,076
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 5,432,689,092
[PAYABLE-FOR-SECURITIES] 20,142,440
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 441,525,121
[TOTAL-LIABILITIES] 461,667,561
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 3,084,632,763
[SHARES-COMMON-STOCK] 12,194,543
[SHARES-COMMON-PRIOR] 9,382,856
[ACCUMULATED-NII-CURRENT] 4,244,954
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 152,556,181
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,729,587,633
[NET-ASSETS] 4,971,021,531
[DIVIDEND-INCOME] 16,074,340
[INTEREST-INCOME] 8,478,511
[OTHER-INCOME] 0
[EXPENSES-NET] 18,878,988
[NET-INVESTMENT-INCOME] 5,673,863
[REALIZED-GAINS-CURRENT] 171,508,201
[APPREC-INCREASE-CURRENT] 929,351,032
[NET-CHANGE-FROM-OPS] 1,106,533,096
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 17,672,422
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,962,118
[NUMBER-OF-SHARES-REDEEMED] 983,641
[SHARES-REINVESTED] 833,210
[NET-CHANGE-IN-ASSETS] 952,462,671
[ACCUMULATED-NII-PRIOR] 18,724,593
[ACCUMULATED-GAINS-PRIOR] 352,711,708
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 12,952,130
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 18,878,988
[AVERAGE-NET-ASSETS] 228,382,056
[PER-SHARE-NAV-BEGIN] 19.37
[PER-SHARE-NII] (0.07)
[PER-SHARE-GAIN-APPREC] 05.21
[PER-SHARE-DIVIDEND] 00.00
[PER-SHARE-DISTRIBUTIONS] 01.82
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 22.69
[EXPENSE-RATIO] 01.75
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 3
[NAME] GROWTH AND INCOME FUND. CLASS 1
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 1,222,607,193
[INVESTMENTS-AT-VALUE] 1,520,403,993
[RECEIVABLES] 10,771,183
[ASSETS-OTHER] 137,167,307
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,668,342,483
[PAYABLE-FOR-SECURITIES] 9,995,949
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 138,850,750
[TOTAL-LIABILITIES] 148,846,699
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,000,895,021
[SHARES-COMMON-STOCK] 55,977,008
[SHARES-COMMON-PRIOR] 58,201,064
[ACCUMULATED-NII-CURRENT] (130,807)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 220,934,770
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 297,796,800
[NET-ASSETS] 1,519,495,784
[DIVIDEND-INCOME] 8,465,468
[INTEREST-INCOME] 915,190
[OTHER-INCOME] 0
[EXPENSES-NET] 6,872,378
[NET-INVESTMENT-INCOME] 2,508,280
[REALIZED-GAINS-CURRENT] 223,152,529
[APPREC-INCREASE-CURRENT] 14,865,203
[NET-CHANGE-FROM-OPS] 240,526,012
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 2,444,300
[DISTRIBUTIONS-OF-GAINS] 44,459,475
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,546,565
[NUMBER-OF-SHARES-REDEEMED] 6,144,144
[SHARES-REINVESTED] 2,373,523
[NET-CHANGE-IN-ASSETS] 179,886,206
[ACCUMULATED-NII-PRIOR] 58,299
[ACCUMULATED-GAINS-PRIOR] 53,469,766
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 4,613,468
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 6,872,378
[AVERAGE-NET-ASSETS] 1,157,002,516
[PER-SHARE-NAV-BEGIN] 18.53
[PER-SHARE-NII] 00.05
[PER-SHARE-GAIN-APPREC] 03.29
[PER-SHARE-DIVIDEND] 00.04
[PER-SHARE-DISTRIBUTIONS] 00.78
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 21.05
[EXPENSE-RATIO] 00.80
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 3
[NAME] GROWTH AND INCOME FUND. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 1,222,607,193
[INVESTMENTS-AT-VALUE] 1,520,403,993
[RECEIVABLES] 10,771,183
[ASSETS-OTHER] 137,167,307
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,668,342,483
[PAYABLE-FOR-SECURITIES] 9,995,949
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 138,850,750
[TOTAL-LIABILITIES] 148,846,699
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,000,895,021
[SHARES-COMMON-STOCK] 7,679,184
[SHARES-COMMON-PRIOR] 6,715,215
[ACCUMULATED-NII-CURRENT] (130,807)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 220,934,770
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 297,796,800
[NET-ASSETS] 1,519,495,784
[DIVIDEND-INCOME] 8,465,468
[INTEREST-INCOME] 915,190
[OTHER-INCOME] 0
[EXPENSES-NET] 6,872,378
[NET-INVESTMENT-INCOME] 2,508,280
[REALIZED-GAINS-CURRENT] 223,152,529
[APPREC-INCREASE-CURRENT] 14,865,203
[NET-CHANGE-FROM-OPS] 240,526,012
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 136,488
[DISTRIBUTIONS-OF-GAINS] 5,359,945
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,659,490
[NUMBER-OF-SHARES-REDEEMED] 973,810
[SHARES-REINVESTED] 278,289
[NET-CHANGE-IN-ASSETS] 179,886,206
[ACCUMULATED-NII-PRIOR] 58,299
[ACCUMULATED-GAINS-PRIOR] 53,469,766
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 4,613,468
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 6,872,378
[AVERAGE-NET-ASSETS] 145,059,802
[PER-SHARE-NAV-BEGIN] 18.53
[PER-SHARE-NII] 00.02
[PER-SHARE-GAIN-APPREC] 03.29
[PER-SHARE-DIVIDEND] 00.02
[PER-SHARE-DISTRIBUTIONS] 00.78
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 21.04
[EXPENSE-RATIO] 01.05
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 3
[NAME] GROWTH AND INCOME FUND. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 1,222,607,193
[INVESTMENTS-AT-VALUE] 1,520,403,993
[RECEIVABLES] 10,771,183
[ASSETS-OTHER] 137,167,307
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,668,342,483
[PAYABLE-FOR-SECURITIES] 9,995,949
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 138,850,750
[TOTAL-LIABILITIES] 148,846,699
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,000,895,021
[SHARES-COMMON-STOCK] 8,590,980
[SHARES-COMMON-PRIOR] 7,394,916
[ACCUMULATED-NII-CURRENT] (130,807)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 220,934,770
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 297,796,800
[NET-ASSETS] 1,519,495,784
[DIVIDEND-INCOME] 8,465,468
[INTEREST-INCOME] 915,190
[OTHER-INCOME] 0
[EXPENSES-NET] 6,872,378
[NET-INVESTMENT-INCOME] 2,508,280
[REALIZED-GAINS-CURRENT] 223,152,529
[APPREC-INCREASE-CURRENT] 14,865,203
[NET-CHANGE-FROM-OPS] 240,526,012
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 5,868,106
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,692,233
[NUMBER-OF-SHARES-REDEEMED] 794,496
[SHARES-REINVESTED] 298,327
[NET-CHANGE-IN-ASSETS] 179,886,206
[ACCUMULATED-NII-PRIOR] 58,299
[ACCUMULATED-GAINS-PRIOR] 53,469,766
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 4,613,468
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 6,872,378
[AVERAGE-NET-ASSETS] 158,298,120
[PER-SHARE-NAV-BEGIN] 18.48
[PER-SHARE-NII] 00.05
[PER-SHARE-GAIN-APPREC] 03.27
[PER-SHARE-DIVIDEND] 00.00
[PER-SHARE-DISTRIBUTIONS] 00.78
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 20.92
[EXPENSE-RATIO] 01.80
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 4
[NAME] INTERNATIONAL EQUITY FUND. CLASS 1
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 34,740,643
[INVESTMENTS-AT-VALUE] 51,328,000
[RECEIVABLES] 766,736
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 1,583,172
[TOTAL-ASSETS] 53,677,908
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 855,568
[TOTAL-LIABILITIES] 855,568
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 35,598,419
[SHARES-COMMON-STOCK] 108,766
[SHARES-COMMON-PRIOR] 108,125
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 519,829
[ACCUMULATED-NET-GAINS] 1,163,550
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 16,580,000
[NET-ASSETS] 52,822,340
[DIVIDEND-INCOME] 99,456
[INTEREST-INCOME] 15,788
[OTHER-INCOME] 0
[EXPENSES-NET] 577,320
[NET-INVESTMENT-INCOME] (462,076)
[REALIZED-GAINS-CURRENT] 1,357,170
[APPREC-INCREASE-CURRENT] 9,485,533
[NET-CHANGE-FROM-OPS] 10,380,627
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 28,351
[NUMBER-OF-SHARES-REDEEMED] 27,710
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 13,523,821
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 24,826
[OVERDIST-NET-GAINS-PRIOR] 226,457
[GROSS-ADVISORY-FEES] 234,774
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 577,320
[AVERAGE-NET-ASSETS] 2,438,529
[PER-SHARE-NAV-BEGIN] 19.06
[PER-SHARE-NII] (0.16)
[PER-SHARE-GAIN-APPREC] 05.15
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 24.05
[EXPENSE-RATIO] 01.77
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 4
[NAME] INTERNATIONAL EQUITY FUND. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 34,740,643
[INVESTMENTS-AT-VALUE] 51,328,000
[RECEIVABLES] 766,736
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 1,583,172
[TOTAL-ASSETS] 53,677,908
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 855,568
[TOTAL-LIABILITIES] 855,568
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 35,598,419
[SHARES-COMMON-STOCK] 1,068,910
[SHARES-COMMON-PRIOR] 1,038,393
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 519,829
[ACCUMULATED-NET-GAINS] 1,163,550
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 16,580,000
[NET-ASSETS] 52,822,340
[DIVIDEND-INCOME] 99,456
[INTEREST-INCOME] 15,788
[OTHER-INCOME] 0
[EXPENSES-NET] 577,320
[NET-INVESTMENT-INCOME] (462,076)
[REALIZED-GAINS-CURRENT] 1,357,170
[APPREC-INCREASE-CURRENT] 9,485,533
[NET-CHANGE-FROM-OPS] 10,380,627
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 176,566
[NUMBER-OF-SHARES-REDEEMED] 146,049
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 13,523,821
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 24,826
[OVERDIST-NET-GAINS-PRIOR] 226,457
[GROSS-ADVISORY-FEES] 234,774
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 577,320
[AVERAGE-NET-ASSETS] 23,327,592
[PER-SHARE-NAV-BEGIN] 18.94
[PER-SHARE-NII] (0.20)
[PER-SHARE-GAIN-APPREC] 05.12
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 23.86
[EXPENSE-RATIO] 02.16
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 4
[NAME] INTERNATIONAL EQUITY FUND. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 34,740,643
[INVESTMENTS-AT-VALUE] 51,328,000
[RECEIVABLES] 766,736
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 1,583,172
[TOTAL-ASSETS] 53,677,908
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 855,568
[TOTAL-LIABILITIES] 855,568
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 35,598,419
[SHARES-COMMON-STOCK] 1,067,534
[SHARES-COMMON-PRIOR] 953,030
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 519,829
[ACCUMULATED-NET-GAINS] 1,163,550
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 16,580,000
[NET-ASSETS] 52,822,340
[DIVIDEND-INCOME] 99,456
[INTEREST-INCOME] 15,788
[OTHER-INCOME] 0
[EXPENSES-NET] 577,320
[NET-INVESTMENT-INCOME] (462,076)
[REALIZED-GAINS-CURRENT] 1,357,170
[APPREC-INCREASE-CURRENT] 9,485,533
[NET-CHANGE-FROM-OPS] 10,380,627
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 226,064
[NUMBER-OF-SHARES-REDEEMED] 111,560
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 13,523,821
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 24,826
[OVERDIST-NET-GAINS-PRIOR] 226,457
[GROSS-ADVISORY-FEES] 234,774
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 577,320
[AVERAGE-NET-ASSETS] 21,435,715
[PER-SHARE-NAV-BEGIN] 18.44
[PER-SHARE-NII] (0.27)
[PER-SHARE-GAIN-APPREC] 04.97
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 23.14
[EXPENSE-RATIO] 02.91
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 5
[NAME] GOVERNMENT FUND. CLASS 1
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 228,424,506
[INVESTMENTS-AT-VALUE] 224,267,861
[RECEIVABLES] 4,582,827
[ASSETS-OTHER] 83,359
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 228,934,047
[PAYABLE-FOR-SECURITIES] 1,926,720
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,769,917
[TOTAL-LIABILITIES] 3,696,637
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 260,327,822
[SHARES-COMMON-STOCK] 18,362,159
[SHARES-COMMON-PRIOR] 19,702,603
[ACCUMULATED-NII-CURRENT] (1,067,481)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (29,866,286)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (4,156,645)
[NET-ASSETS] 225,237,410
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 7,019,791
[OTHER-INCOME] 0
[EXPENSES-NET] 1,244,140
[NET-INVESTMENT-INCOME] 5,775,651
[REALIZED-GAINS-CURRENT] (2,945,660)
[APPREC-INCREASE-CURRENT] (5,509,561)
[NET-CHANGE-FROM-OPS] (2,679,570)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 5,945,452
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 739,097
[NUMBER-OF-SHARES-REDEEMED] 2,559,583
[SHARES-REINVESTED] 180,042
[NET-CHANGE-IN-ASSETS] (16,259,833)
[ACCUMULATED-NII-PRIOR] (20,456)
[ACCUMULATED-GAINS-PRIOR] (26,920,626)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 697,204
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,244,140
[AVERAGE-NET-ASSETS] 200,696,160
[PER-SHARE-NAV-BEGIN] 10.66
[PER-SHARE-NII] 00.27
[PER-SHARE-GAIN-APPREC] (0.39)
[PER-SHARE-DIVIDEND] 00.31
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.23
[EXPENSE-RATIO] 00.97
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 5
[NAME] GOVERNMENT FUND. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 228,424,506
[INVESTMENTS-AT-VALUE] 224,267,861
[RECEIVABLES] 4,582,827
[ASSETS-OTHER] 83,359
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 228,934,047
[PAYABLE-FOR-SECURITIES] 1,926,720
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,769,917
[TOTAL-LIABILITIES] 3,696,637
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 260,327,822
[SHARES-COMMON-STOCK] 2,069,314
[SHARES-COMMON-PRIOR] 1,608,343
[ACCUMULATED-NII-CURRENT] (1,067,481)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (29,866,286)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (4,156,645)
[NET-ASSETS] 225,237,410
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 7,019,791
[OTHER-INCOME] 0
[EXPENSES-NET] 1,244,140
[NET-INVESTMENT-INCOME] 5,775,651
[REALIZED-GAINS-CURRENT] (2,945,660)
[APPREC-INCREASE-CURRENT] (5,509,561)
[NET-CHANGE-FROM-OPS] (2,679,570)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 518,002
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 883,460
[NUMBER-OF-SHARES-REDEEMED] 412,540
[SHARES-REINVESTED] 40,051
[NET-CHANGE-IN-ASSETS] (16,259,833)
[ACCUMULATED-NII-PRIOR] (20,456)
[ACCUMULATED-GAINS-PRIOR] (26,920,626)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 697,204
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,244,140
[AVERAGE-NET-ASSETS] 17,825,712
[PER-SHARE-NAV-BEGIN] 10.66
[PER-SHARE-NII] 00.24
[PER-SHARE-GAIN-APPREC] (0.38)
[PER-SHARE-DIVIDEND] 00.30
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.22
[EXPENSE-RATIO] 01.47
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 5
[NAME] GOVERNMENT FUND. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 228,424,506
[INVESTMENTS-AT-VALUE] 224,267,861
[RECEIVABLES] 4,582,827
[ASSETS-OTHER] 83,359
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 228,934,047
[PAYABLE-FOR-SECURITIES] 1,926,720
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,769,917
[TOTAL-LIABILITIES] 3,696,637
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 260,327,822
[SHARES-COMMON-STOCK] 1,583,146
[SHARES-COMMON-PRIOR] 1,344,435
[ACCUMULATED-NII-CURRENT] (1,067,481)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (29,866,286)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (4,156,645)
[NET-ASSETS] 225,237,410
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 7,019,791
[OTHER-INCOME] 0
[EXPENSES-NET] 1,244,140
[NET-INVESTMENT-INCOME] 5,775,651
[REALIZED-GAINS-CURRENT] (2,945,660)
[APPREC-INCREASE-CURRENT] (5,509,561)
[NET-CHANGE-FROM-OPS] (2,679,570)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 359,222
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 465,480
[NUMBER-OF-SHARES-REDEEMED] 254,927
[SHARES-REINVESTED] 28,158
[NET-CHANGE-IN-ASSETS] (16,259,833)
[ACCUMULATED-NII-PRIOR] (20,456)
[ACCUMULATED-GAINS-PRIOR] (26,920,626)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 697,204
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,244,140
[AVERAGE-NET-ASSETS] 14,459,946
[PER-SHARE-NAV-BEGIN] 10.66
[PER-SHARE-NII] 00.21
[PER-SHARE-GAIN-APPREC] (0.38)
[PER-SHARE-DIVIDEND] 00.26
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.23
[EXPENSE-RATIO] 02.11
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 6
[NAME] MUNICIPAL BOND FUND. CLASS 1
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 115,921,466
[INVESTMENTS-AT-VALUE] 123,388,827
[RECEIVABLES] 3,599,613
[ASSETS-OTHER] 119,921
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 127,108,361
[PAYABLE-FOR-SECURITIES] 1,940,576
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 764,767
[TOTAL-LIABILITIES] 2,705,343
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 116,389,054
[SHARES-COMMON-STOCK] 6,278,425
[SHARES-COMMON-PRIOR] 6,501,786
[ACCUMULATED-NII-CURRENT] 321,638
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 224,965
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 7,467,361
[NET-ASSETS] 124,403,018
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 3,320,456
[OTHER-INCOME] 0
[EXPENSES-NET] 634,981
[NET-INVESTMENT-INCOME] 2,685,475
[REALIZED-GAINS-CURRENT] 260,130
[APPREC-INCREASE-CURRENT] (1,499,806)
[NET-CHANGE-FROM-OPS] 1,445,799
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 2,188,752
[DISTRIBUTIONS-OF-GAINS] 1,495,366
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 247,029
[NUMBER-OF-SHARES-REDEEMED] 234,285
[SHARES-REINVESTED] 704,675
[NET-CHANGE-IN-ASSETS] 8,969,832
[ACCUMULATED-NII-PRIOR] 411,409
[ACCUMULATED-GAINS-PRIOR] 1,847,449
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 350,533
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 634,981
[AVERAGE-NET-ASSETS] 91,416,450
[PER-SHARE-NAV-BEGIN] 14.41
[PER-SHARE-NII] 00.33
[PER-SHARE-GAIN-APPREC] 00.15
[PER-SHARE-DIVIDEND] 00.34
[PER-SHARE-DISTRIBUTIONS] 00.23
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 14.02
[EXPENSE-RATIO] 01.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 6
[NAME] MUNICIPAL BOND FUND. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 115,921,466
[INVESTMENTS-AT-VALUE] 123,388,827
[RECEIVABLES] 3,599,613
[ASSETS-OTHER] 119,921
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 127,108,361
[PAYABLE-FOR-SECURITIES] 1,940,576
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 764,767
[TOTAL-LIABILITIES] 2,705,343
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 116,389,054
[SHARES-COMMON-STOCK] 2,042,342
[SHARES-COMMON-PRIOR] 1,122,477
[ACCUMULATED-NII-CURRENT] 321,638
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 224,965
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 7,467,361
[NET-ASSETS] 124,403,018
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 3,320,456
[OTHER-INCOME] 0
[EXPENSES-NET] 634,981
[NET-INVESTMENT-INCOME] 2,685,475
[REALIZED-GAINS-CURRENT] 260,130
[APPREC-INCREASE-CURRENT] (1,499,806)
[NET-CHANGE-FROM-OPS] 1,445,799
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 462,304
[DISTRIBUTIONS-OF-GAINS] 288,521
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,203,789
[NUMBER-OF-SHARES-REDEEMED] 45,219
[SHARES-REINVESTED] 329,143
[NET-CHANGE-IN-ASSETS] 8,969,832
[ACCUMULATED-NII-PRIOR] 411,409
[ACCUMULATED-GAINS-PRIOR] 1,847,449
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 350,533
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 634,981
[AVERAGE-NET-ASSETS] 19,526,271
[PER-SHARE-NAV-BEGIN] 14.41
[PER-SHARE-NII] 00.31
[PER-SHARE-GAIN-APPREC] 00.15
[PER-SHARE-DIVIDEND] 00.32
[PER-SHARE-DISTRIBUTIONS] 00.23
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 14.02
[EXPENSE-RATIO] 01.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 6
[NAME] MUNICIPAL BOND FUND. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 115,921,466
[INVESTMENTS-AT-VALUE] 123,388,827
[RECEIVABLES] 3,599,613
[ASSETS-OTHER] 119,921
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 127,108,361
[PAYABLE-FOR-SECURITIES] 1,940,576
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 764,767
[TOTAL-LIABILITIES] 2,705,343
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 116,389,054
[SHARES-COMMON-STOCK] 554,506
[SHARES-COMMON-PRIOR] 387,228
[ACCUMULATED-NII-CURRENT] 321,638
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 224,965
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 7,467,361
[NET-ASSETS] 124,403,018
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 3,320,456
[OTHER-INCOME] 0
[EXPENSES-NET] 634,981
[NET-INVESTMENT-INCOME] 2,685,475
[REALIZED-GAINS-CURRENT] 260,130
[APPREC-INCREASE-CURRENT] (1,499,806)
[NET-CHANGE-FROM-OPS] 1,445,799
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 124,190
[DISTRIBUTIONS-OF-GAINS] 98,727
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 206,169
[NUMBER-OF-SHARES-REDEEMED] 13,960
[SHARES-REINVESTED] 52,851
[NET-CHANGE-IN-ASSETS] 8,969,832
[ACCUMULATED-NII-PRIOR] 411,409
[ACCUMULATED-GAINS-PRIOR] 1,847,449
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 350,533
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 634,981
[AVERAGE-NET-ASSETS] 6,285,196
[PER-SHARE-NAV-BEGIN] 14.39
[PER-SHARE-NII] 00.26
[PER-SHARE-GAIN-APPREC] 00.15
[PER-SHARE-DIVIDEND] 00.27
[PER-SHARE-DISTRIBUTIONS] 00.23
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 14.00
[EXPENSE-RATIO] 02.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 7
[NAME] MID CAP FUND. CLASS 1
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 8,225,021
[INVESTMENTS-AT-VALUE] 8,290,460
[RECEIVABLES] 443,082
[ASSETS-OTHER] 406
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 8,733,948
[PAYABLE-FOR-SECURITIES] 483,589
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 36,666
[TOTAL-LIABILITIES] 520,255
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 8,082,641
[SHARES-COMMON-STOCK] 22,076
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 1,830
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 11,258
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 117,964
[NET-ASSETS] 8,213,693
[DIVIDEND-INCOME] 4,945
[INTEREST-INCOME] 5,426
[OTHER-INCOME] 0
[EXPENSES-NET] 8,541
[NET-INVESTMENT-INCOME] 1,830
[REALIZED-GAINS-CURRENT] 11,258
[APPREC-INCREASE-CURRENT] 117,964
[NET-CHANGE-FROM-OPS] 131,052
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 22,798
[NUMBER-OF-SHARES-REDEEMED] 722
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 8,213,693
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 350,533
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 25,675
[AVERAGE-NET-ASSETS] 89,451137
[PER-SHARE-NAV-BEGIN] 11.44
[PER-SHARE-NII] 00.02
[PER-SHARE-GAIN-APPREC] 00.31
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.77
[EXPENSE-RATIO] 01.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 7
[NAME] MID CAP FUND. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 8,225,021
[INVESTMENTS-AT-VALUE] 8,290,460
[RECEIVABLES] 443,082
[ASSETS-OTHER] 406
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 8,733,948
[PAYABLE-FOR-SECURITIES] 483,589
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 36,666
[TOTAL-LIABILITIES] 520,255
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 8,082,641
[SHARES-COMMON-STOCK] 360,736
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 1,830
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 11,258
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 117,964
[NET-ASSETS] 8,213,693
[DIVIDEND-INCOME] 4,945
[INTEREST-INCOME] 5,426
[OTHER-INCOME] 0
[EXPENSES-NET] 8,541
[NET-INVESTMENT-INCOME] 1,830
[REALIZED-GAINS-CURRENT] 11,258
[APPREC-INCREASE-CURRENT] 117,964
[NET-CHANGE-FROM-OPS] 131,052
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 362,038
[NUMBER-OF-SHARES-REDEEMED] 1,302
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 8,213,693
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 350,533
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 25,675
[AVERAGE-NET-ASSETS] 2,762,692
[PER-SHARE-NAV-BEGIN] 11.40
[PER-SHARE-NII] 00.01
[PER-SHARE-GAIN-APPREC] 00.36
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.77
[EXPENSE-RATIO] 01.50
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000810271
[NAME] CONCERT INVESTMENT SERIES
[SERIES]
[NUMBER] 7
[NAME] MID CAP FUND. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1999
[PERIOD-END] APR-30-1999
[INVESTMENTS-AT-COST] 8,225,021
[INVESTMENTS-AT-VALUE] 8,290,460
[RECEIVABLES] 443,082
[ASSETS-OTHER] 406
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 8,733,948
[PAYABLE-FOR-SECURITIES] 483,589
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 36,666
[TOTAL-LIABILITIES] 520,255
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 8,082,641
[SHARES-COMMON-STOCK] 315,346
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 1,830
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 11,258
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 117,964
[NET-ASSETS] 8,213,693
[DIVIDEND-INCOME] 4,945
[INTEREST-INCOME] 5,426
[OTHER-INCOME] 0
[EXPENSES-NET] 8,541
[NET-INVESTMENT-INCOME] 1,830
[REALIZED-GAINS-CURRENT] 11,258
[APPREC-INCREASE-CURRENT] 117,964
[NET-CHANGE-FROM-OPS] 131,052
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 318,699
[NUMBER-OF-SHARES-REDEEMED] 3,353
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 8,213,693
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 350,533
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 25,675
[AVERAGE-NET-ASSETS] 1,105,994
[PER-SHARE-NAV-BEGIN] 11.44
[PER-SHARE-NII] 00.00
[PER-SHARE-GAIN-APPREC] 00.32
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.76
[EXPENSE-RATIO] 02.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
