WARBURG PINCUS CAPITAL APPRECIATION FUND
NSAR-B, EX-27, 2000-12-28
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811159
<NAME> WARBURG PINCUS CAPITAL APPRECIATION FUND
<SERIES>
   <NUMBER> 001
   <NAME> COMMON CLASS

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               OCT-31-2000
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<SHARES-COMMON-STOCK>                         52937986
<SHARES-COMMON-PRIOR>                         38948941
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<NET-CHANGE-FROM-OPS>                        309659770
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                   (114581024)
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<NUMBER-OF-SHARES-REDEEMED>                (434121256)
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<EXPENSE-RATIO>                                    .98



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