<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000810271
<NAME> SELECT GOVERNMENT PORTFOLIO
<SERIES>
<NUMBER> 12
<NAME> CONCERT INVESTMENT SERIES TRUST
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 5,067,250
<INVESTMENTS-AT-VALUE> 5,002,700
<RECEIVABLES> 94,856
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,097,556
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20,029
<TOTAL-LIABILITIES> 20,029
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,064,638
<SHARES-COMMON-STOCK> 506,579
<SHARES-COMMON-PRIOR> 500,004
<ACCUMULATED-NII-CURRENT> 77,439
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (64,550)
<NET-ASSETS> 5,077,527
<DIVIDEND-INCOME> 0
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<OTHER-INCOME> 0
<EXPENSES-NET> 20,001
<NET-INVESTMENT-INCOME> 130,496
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> (104,050)
<NET-CHANGE-FROM-OPS> 26,446
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 79,999
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 40,092
<NUMBER-OF-SHARES-REDEEMED> 41,680
<SHARES-REINVESTED> 8,163
<NET-CHANGE-IN-ASSETS> 11,100
<ACCUMULATED-NII-PRIOR> 26,942
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 15,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 55,902
<AVERAGE-NET-ASSETS> 5,013,285
<PER-SHARE-NAV-BEGIN> 10.13
<PER-SHARE-NII> 0.26
<PER-SHARE-GAIN-APPREC> (0.21)
<PER-SHARE-DIVIDEND> 0.16
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.02
<EXPENSE-RATIO> 0.80
</TABLE>
