<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811142
<NAME> WARBURG PINCUS FIXED INCOME FUND
<SERIES>
<NUMBER> 001
<NAME> COMMON CLASS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 363028813
<INVESTMENTS-AT-VALUE> 356405320
<RECEIVABLES> 35057852
<ASSETS-OTHER> 37107
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 391500279
<PAYABLE-FOR-SECURITIES> 81797953
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 710747
<TOTAL-LIABILITIES> 82508700
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 327482731
<SHARES-COMMON-STOCK> 30885076
<SHARES-COMMON-PRIOR> 39777907
<ACCUMULATED-NII-CURRENT> 23013
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (11890672)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (6623493)
<NET-ASSETS> 308991579
<DIVIDEND-INCOME> 862030
<INTEREST-INCOME> 23628791
<OTHER-INCOME> 0
<EXPENSES-NET> (2539395)
<NET-INVESTMENT-INCOME> 21951426
<REALIZED-GAINS-CURRENT> (9807340)
<APPREC-INCREASE-CURRENT> 5206499
<NET-CHANGE-FROM-OPS> 17350585
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (21572361)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 189250352
<NUMBER-OF-SHARES-REDEEMED> (295032990)
<SHARES-REINVESTED> 19106111
<NET-CHANGE-IN-ASSETS> (91258424)
<ACCUMULATED-NII-PRIOR> 62993
<ACCUMULATED-GAINS-PRIOR> (2083523)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1681883
<INTEREST-EXPENSE> 1165
<GROSS-EXPENSE> 2686313
<AVERAGE-NET-ASSETS> 336376713
<PER-SHARE-NAV-BEGIN> 9.89
<PER-SHARE-NII> .64
<PER-SHARE-GAIN-APPREC> (.11)
<PER-SHARE-DIVIDEND> (.64)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.78
<EXPENSE-RATIO> .77
</TABLE>
