<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000820892
<NAME> FIRST AMERICAN INVESTMENT FUNDS
<SERIES>
<NUMBER> 383
<NAME> CORPORATE BOND FUND CLASS C
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-START> OCT-01-1999
<PERIOD-END> SEP-30-2000
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<INVESTMENTS-AT-VALUE> 89719
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<TOTAL-ASSETS> 116253
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<ACCUMULATED-NII-CURRENT> 83
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<EXPENSES-NET> (214)
<NET-INVESTMENT-INCOME> 3291
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<NET-CHANGE-FROM-OPS> 3895
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<ACCUMULATED-NII-PRIOR> 0
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<EXPENSE-RATIO> 1.48
</TABLE>
