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SIGNATURE GUY NORDAHL
TITLE VICE-PRESIDENT
[ARTICLE] 6
[CIK] 0000830477
[NAME] NORTHSTAR HIGH YIELD FUND
[SERIES]
[NUMBER] 1
[NAME] CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1997
[PERIOD-START] JAN-01-1997
[PERIOD-END] JUN-30-1997
[INVESTMENTS-AT-COST] 217359472
[INVESTMENTS-AT-VALUE] 228966387
[RECEIVABLES] 9283711
[ASSETS-OTHER] 11880342
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 250130440
[PAYABLE-FOR-SECURITIES] 4970125
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 615375
[TOTAL-LIABILITIES] 5585500
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 240336925
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 462597
[ACCUMULATED-NET-GAINS] 0
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[DIVIDEND-INCOME] 267940
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[EXPENSES-NET] 1782091
[NET-INVESTMENT-INCOME] 9118946
[REALIZED-GAINS-CURRENT] 26931159
[APPREC-INCREASE-CURRENT] 27519
[NET-CHANGE-FROM-OPS] 11777624
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (9581543)
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[NUMBER-OF-SHARES-REDEEMED] (23519669)
[SHARES-REINVESTED] 3953895
[NET-CHANGE-IN-ASSETS] 13493221
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] (9567462)
[GROSS-ADVISORY-FEES] 527309
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1782091
[AVERAGE-NET-ASSETS] 13471377
[PER-SHARE-NAV-BEGIN] 8.94
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</TABLE>
[ARTICLE] 6
[CIK] 0000830477
[NAME] NORTHSTAR HIGH YIELD FUND
[SERIES]
[NUMBER] 2
[NAME] CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1997
(PERIOD-START> JAN-01-1997
[PERIOD-END] JUN-30-1997
[INVESTMENTS-AT-COST] 217359472
[INVESTMENTS-AT-VALUE] 228966387
[RECEIVABLES] 9283711
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[NET-INVESTMENT-INCOME] 9118946
[REALIZED-GAINS-CURRENT] 26931159
[APPREC-INCREASE-CURRENT] 27519
[NET-CHANGE-FROM-OPS] 11777624
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (9581543)
[DISTRIBUTIONS-OF-GAINS] 0
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[NUMBER-OF-SHARES-SOLD] 30862914
[NUMBER-OF-SHARES-REDEEMED] (23519669)
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</TABLE>
[ARTICLE] 6
[CIK] 0000830477
[NAME] NORTHSTAR HIGH YIELD FUND
[SERIES]
[NUMBER] 3
[NAME] CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1997
[PERIOD-START] JAN-01-1997
[PERIOD-END] JUN-30-1997
[INVESTMENTS-AT-COST] 217359472
[INVESTMENTS-AT-VALUE] 228966387
[RECEIVABLES] 9283711
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[OTHER-ITEMS-ASSETS] 0
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[NET-INVESTMENT-INCOME] 9118946
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[OVERDIST-NET-GAINS-PRIOR] (9567462)
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[INTEREST-EXPENSE] 0
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[PER-SHARE-NAV-BEGIN] 8.95
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</TABLE>
[ARTICLE] 6
[CIK] 0000830477
[NAME] NORTHSTAR HIGH YIELD FUND
[SERIES]
[NUMBER] 4
[NAME] CLASS T
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1997
[PERIOD-START] JAN-01-1997
[PERIOD-END] JUN-30-1997
[INVESTMENTS-AT-COST] 217359472
[INVESTMENTS-AT-VALUE] 228966387
[RECEIVABLES] 9283711
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</TABLE>
