SIERRA TRUST FUNDS
NSAR-B, 1995-08-29
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<PAGE>      PAGE  1
000 B000000 06/30/95
000 C000000 0000846883
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 SIERRA TRUST FUNDS
001 B000000 811-5775
001 C000000 8187250200
002 A000000 9301 CORBIN AVENUE, SUITE 333
002 B000000 NORTHRIDGE
002 C000000 CA
002 D010000 91324
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 16
007 C010100  1
007 C020100 GLOBAL MONEY FUND
007 C030100 N
007 C010200  2
007 C020200 U.S. GOVERNMENT MONEY FUND
007 C030200 N
007 C010300  3
007 C020300 CALIFORNIA MONEY FUND
007 C030300 N
007 C010400  4
007 C020400 U.S. GOVERNMENT FUND
007 C030400 N
007 C010500  5
007 C020500 CALIFORNIA MUNICIPAL FUND
007 C030500 N
007 C010600  6
007 C020600 GROWTH AND INCOME FUND
007 C030600 N
007 C010700  7
007 C020700 CORPORATE INCOME FUND
007 C030700 N
007 C010800  8
007 C020800 NATIONAL MUNICIPAL FUND
007 C030800 N
007 C010900  9
007 C020900 EMERGING GROWTH FUND
007 C030900 N
007 C011000 10
007 C021000 INTERNATIONAL GROWTH FUND
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 SHORT TERM GLOBAL GOVERNMENT FUND
007 C031100 N
007 C011200 12
007 C021200 GROWTH FUND
007 C031200 N
007 C011300 13
007 C021300 FLORIDA INSURED MUNICIPAL FUND
007 C031300 N
007 C011400 14
007 C021400 SHORT TERM HIGH QUALITY BOND FUND
007 C031400 N
007 C011500 15
007 C021500 CALIFORNIA INSURED INTERMEDIATE MUNICIPAL FUD
007 C031500 N
007 C011600 16
007 C021600 TARGET MATURITY 2002 FUND
007 C031600 N
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 SIERRA FUND ADMINISTRATION CORPORATION
010 B00AA01 84-1879
010 C01AA01 NORTHRIDGE
010 C02AA01 CA
010 C03AA01 91324
010 A00AA02 THE SHAREHOLDER SERVICES GROUP,INC.
010 C01AA02 BOSTON
010 C02AA02 MA
010 C03AA02 02109
010 A00AA03 INSTITUTIONAL ADMINISTRATIVE SERVICES, INC.
010 C01AA03 BOSTON
010 C02AA03 MA
010 C03AA03 02109
011 A00AA01 SIERRA INVESTMENT SERVICES CORPORATION
011 B00AA01 8-45144
011 C01AA01 NORTHRIDGE
011 C02AA01 CA
011 C03AA01 91324
011 A00AA02 FUNDS DISTRIBUTOR, INC.
011 B00AA02 8-20518
011 C01AA02 BOSTON
011 C02AA02 MA
011 C03AA02 02109
012 A00AA01 SIERRA FUND ADMINISTRATION CORPORATION
012 B00AA01 84-1879
012 C01AA01 NORTHRIDGE
012 C02AA01 CA
012 C03AA01 91324
<PAGE>      PAGE  3
012 A00AA02 THE SHAREHOLDER SERVICES GROUP INC.
012 B00AA02 84-1761
012 C01AA02 BOSTON
012 C02AA02 MA
012 C03AA02 02109
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 GREAT WESTERN FINANCIAL SECURITIES CORPORATIO
014 B00AA01 8-30410
015 A00AA01 BOSTON SAFE DEPOSIT AND TRUST COMPANY
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015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02108
015 E01AA01 X
018  00AA00 Y
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019 B00AA00    0
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<PAGE>      PAGE  4
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022 A000006 MORGAN STANLEY & COMPANY, INC
022 B000006 13-2655998
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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008 A000102 J.P. MORGAN INVESTMENT MANAGEMENT, INC.
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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070 H020100 N
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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008 A000201 SIERRA INVESTMENT ADVISORS CORPORATION
008 B000201 A
008 C000201 801-32921
008 D010201 NORTHRIDGE
008 D020201 CA
008 D030201 91324
008 A000202 ALLIANCE CAPITAL MANAGEMENT L.P.
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
056  000200 Y
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  23
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<PAGE>      PAGE  38
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<PAGE>      PAGE  39
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<PAGE>      PAGE  40
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<PAGE>      PAGE  41
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<PAGE>      PAGE  42
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<PAGE>      PAGE  43
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<PAGE>      PAGE  44
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<PAGE>      PAGE  46
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<PAGE>      PAGE  47
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<PAGE>      PAGE  48
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<PAGE>      PAGE  49
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<PAGE>      PAGE  51
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<PAGE>      PAGE  52
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<PAGE>      PAGE  53
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<PAGE>      PAGE  54
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<PAGE>      PAGE  55
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062 A001100 Y
062 B001100   0.6
<PAGE>      PAGE  56
062 C001100   0.0
062 D001100   0.0
062 E001100   0.0
062 F001100   0.0
062 G001100   0.0
062 H001100   0.0
062 I001100   0.7
062 J001100   0.0
062 K001100   0.2
062 L001100   0.0
062 M001100   0.0
062 N001100   2.2
062 O001100   0.0
062 P001100   7.6
062 Q001100  89.2
062 R001100   0.0
063 A001100   0
063 B001100  2.1
064 A001100 N
064 B001100 N
066 A001100 N
067  001100 N
068 A001100 N
068 B001100 Y
069  001100 N
070 A011100 Y
070 A021100 Y
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 Y
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 Y
070 F011100 Y
070 F021100 N
070 G011100 Y
070 G021100 Y
070 H011100 Y
070 H021100 N
070 I011100 Y
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 N
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
<PAGE>      PAGE  57
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 Y
070 Q021100 N
070 R011100 Y
070 R021100 N
071 A001100    307910
071 B001100    389917
071 C001100    141997
071 D001100  217
072 A001100 12
072 B001100    13289
072 C001100        0
072 D001100        0
072 E001100        0
072 F001100     1071
072 G001100      576
072 H001100        0
072 I001100      147
072 J001100       18
072 K001100        0
072 L001100        0
072 M001100        5
072 N001100       50
072 O001100        0
072 P001100        0
072 Q001100        0
072 R001100       40
072 S001100       24
072 T001100      435
072 U001100        2
072 V001100        0
072 W001100       34
072 X001100     2402
072 Y001100      977
072 Z001100    11864
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072BB001100    11993
072CC011100     2986
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072DD011100     1548
072DD021100        2
072EE001100      628
073 A011100   0.0200
073 A021100   0.0000
073 B001100   0.0100
073 C001100   0.1200
<PAGE>      PAGE  58
074 A001100      109
074 B001100        0
074 C001100      965
074 D001100   106825
074 E001100        0
074 F001100        0
074 G001100        0
074 H001100        0
074 I001100      278
074 J001100        0
074 K001100        0
074 L001100     3800
074 M001100        3
074 N001100   111980
074 O001100        0
074 P001100       60
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100     1006
074 R041100     3345
074 S001100        0
074 T001100   107569
074 U011100    46355
074 U021100     1597
074 V011100     2.24
074 V021100     2.24
074 W001100   0.0000
074 X001100    16981
074 Y001100      401
075 A001100   164713
075 B001100        0
076  001100     0.00
008 A001201 SIERRA INVESTMENT ADVISORS CORPORATION
008 B001201 A
008 C001201 801-32921
008 D011201 NORTHRIDGE
008 D021201 CA
008 D031201 91324
008 A001202 JANUS CAPITAL CORPORATION
008 B001202 S
008 C001202 801-13991
008 D011202 DENVER
008 D021202 CO
008 D031202 80206
028 A011200     21431
028 A021200         0
028 A031200         0
028 A041200     14347
028 B011200     11128
028 B021200         0
<PAGE>      PAGE  59
028 B031200         0
028 B041200      8479
028 C011200     19893
028 C021200         0
028 C031200         0
028 C041200     14221
028 D011200     13860
028 D021200         0
028 D031200         0
028 D041200     10701
028 E011200     15791
028 E021200         0
028 E031200         0
028 E041200     14019
028 F011200     12879
028 F021200         0
028 F031200         0
028 F041200     15272
028 G011200     94982
028 G021200         0
028 G031200         0
028 G041200     77039
028 H001200      6088
029  001200 Y
030 A001200    701
030 B001200  5.75
030 C001200  0.00
031 A001200     41
031 B001200      0
032  001200     72
033  001200    588
034  001200 Y
035  001200     40
036 A001200 N
036 B001200      0
042 A001200   0
042 B001200   0
042 C001200 100
042 D001200   0
042 E001200   0
042 F001200   0
042 G001200   0
042 H001200   0
043  001200    446
044  001200      0
045  001200 Y
046  001200 N
047  001200 Y
048  001200  0.000
048 A011200   100000
048 A021200 0.950
<PAGE>      PAGE  60
048 B011200   100000
048 B021200 0.900
048 C011200        0
048 C021200 0.000
048 D011200        0
048 D021200 0.000
048 E011200        0
048 E021200 0.000
048 F011200        0
048 F021200 0.000
048 G011200        0
048 G021200 0.000
048 H011200        0
048 H021200 0.000
048 I011200        0
048 I021200 0.000
048 J011200        0
048 J021200 0.000
048 K011200   200000
048 K021200 0.875
049  001200 N
050  001200 N
051  001200 N
052  001200 N
053 A001200 N
055 A001200 N
055 B001200 N
056  001200 Y
057  001200 N
058 A001200 N
059  001200 Y
060 A001200 Y
060 B001200 Y
061  001200      250
062 A001200 N
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
062 E001200   0.0
062 F001200   0.0
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0
062 J001200   0.0
062 K001200   0.0
062 L001200   0.0
062 M001200   0.0
062 N001200   0.0
062 O001200   0.0
062 P001200   0.0
062 Q001200   0.0
<PAGE>      PAGE  61
062 R001200   0.0
063 A001200   0
063 B001200  0.0
066 A001200 Y
066 B001200 N
066 C001200 Y
066 D001200 N
066 E001200 N
066 F001200 N
066 G001200 N
067  001200 N
068 A001200 N
068 B001200 N
069  001200 N
070 A011200 Y
070 A021200 N
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 Y
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 N
070 L011200 Y
070 L021200 Y
070 M011200 Y
070 M021200 Y
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 Y
070 Q021200 N
070 R011200 Y
070 R021200 N
071 A001200    290010
<PAGE>      PAGE  62
071 B001200    261602
071 C001200    112399
071 D001200  233
072 A001200 12
072 B001200     1321
072 C001200     1668
072 D001200        0
072 E001200        0
072 F001200     1365
072 G001200      511
072 H001200        0
072 I001200      143
072 J001200        0
072 K001200        0
072 L001200        0
072 M001200        4
072 N001200       94
072 O001200        0
072 P001200        0
072 Q001200        0
072 R001200       19
072 S001200       26
072 T001200      446
072 U001200       12
072 V001200        0
072 W001200       33
072 X001200     2653
072 Y001200        0
072 Z001200      336
072AA001200    17616
072BB001200        0
072CC011200    25112
072CC021200        0
072DD011200      163
072DD021200        2
072EE001200        4
073 A011200   0.0160
073 A021200   0.0100
073 B001200   0.0000
073 C001200   0.0000
074 A001200      477
074 B001200        0
074 C001200    24486
074 D001200        0
074 E001200    10532
074 F001200   149998
074 G001200        0
074 H001200        0
074 I001200        0
074 J001200     8880
074 K001200        0
<PAGE>      PAGE  63
074 L001200      462
074 M001200       34
074 N001200   194869
074 O001200    13748
074 P001200      237
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200      462
074 S001200        0
074 T001200   180422
074 U011200    10911
074 U021200     1819
074 V011200    14.18
074 V021200    14.10
074 W001200   0.0000
074 X001200    31098
074 Y001200        0
075 A001200   146130
075 B001200        0
076  001200     0.00
008 A001301 SIERRA INVESTMENT ADVISORS CORPORATION
008 B001301 A
008 C001301 801-32921
008 D011301 NORTHRIDGE
008 D021301 CA
008 D031301 91324
008 A001302 VAN KAMPEN AMERICAN CAPITAL MANAGEMENT INC.
008 B001302 S
008 C001302 801-40808
008 D011302 OAKBROOK TERRACE
008 D021302 IL
008 D031302 60181
028 A011300       529
028 A021300        88
028 A031300         0
028 A041300       838
028 B011300       979
028 B021300        85
028 B031300         0
028 B041300       671
028 C011300      1039
028 C021300        83
028 C031300         0
028 C041300      1541
028 D011300      1930
028 D021300        84
028 D031300         0
028 D041300       420
028 E011300      1900
<PAGE>      PAGE  64
028 E021300        86
028 E031300         0
028 E041300      1097
028 F011300       774
028 F021300        86
028 F031300         0
028 F041300      1102
028 G011300      7151
028 G021300       512
028 G031300         0
028 G041300      5669
028 H001300      3502
029  001300 Y
030 A001300    233
030 B001300  4.50
030 C001300  0.00
031 A001300     30
031 B001300      0
032  001300      1
033  001300    202
034  001300 Y
035  001300      7
036 A001300 N
036 B001300      0
042 A001300   0
042 B001300   0
042 C001300 100
042 D001300   0
042 E001300   0
042 F001300   0
042 G001300   0
042 H001300   0
043  001300    105
044  001300      0
045  001300 Y
046  001300 N
047  001300 Y
048  001300  0.000
048 A011300   500000
048 A021300 0.600
048 B011300        0
048 B021300 0.000
048 C011300        0
048 C021300 0.000
048 D011300        0
048 D021300 0.000
048 E011300        0
048 E021300 0.000
048 F011300        0
048 F021300 0.000
048 G011300        0
<PAGE>      PAGE  65
048 G021300 0.000
048 H011300        0
048 H021300 0.000
048 I011300        0
048 I021300 0.000
048 J011300        0
048 J021300 0.000
048 K011300   500000
048 K021300 0.450
049  001300 N
050  001300 N
051  001300 N
052  001300 N
053 A001300 Y
053 B001300 Y
053 C001300 N
055 A001300 N
055 B001300 N
056  001300 Y
057  001300 N
058 A001300 N
059  001300 Y
060 A001300 N
060 B001300 N
061  001300      250
062 A001300 Y
062 B001300   0.0
062 C001300   0.0
062 D001300   0.0
062 E001300   3.5
062 F001300   0.0
062 G001300   0.0
062 H001300   0.0
062 I001300   0.0
062 J001300   0.0
062 K001300   0.0
062 L001300   0.0
062 M001300   0.0
062 N001300   0.0
062 O001300  97.0
062 P001300   0.0
062 Q001300   0.0
062 R001300   0.0
063 A001300   0
063 B001300 20.5
064 A001300 Y
064 B001300 N
066 A001300 N
067  001300 N
068 A001300 N
068 B001300 N
<PAGE>      PAGE  66
069  001300 N
070 A011300 Y
070 A021300 N
070 B011300 N
070 B021300 N
070 C011300 N
070 C021300 N
070 D011300 N
070 D021300 N
070 E011300 Y
070 E021300 Y
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 Y
070 H011300 Y
070 H021300 N
070 I011300 Y
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 N
070 L011300 N
070 L021300 N
070 M011300 N
070 M021300 N
070 N011300 N
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 Y
070 P021300 N
070 Q011300 Y
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300     18270
071 B001300     15043
071 C001300     34400
071 D001300   44
072 A001300 12
072 B001300     2155
072 C001300        0
072 D001300        0
072 E001300        0
072 F001300      200
072 G001300      128
072 H001300        0
072 I001300       35
072 J001300        0
<PAGE>      PAGE  67
072 K001300        0
072 L001300        0
072 M001300        1
072 N001300       48
072 O001300        0
072 P001300        0
072 Q001300        0
072 R001300       13
072 S001300       10
072 T001300      105
072 U001300       13
072 V001300        0
072 W001300       12
072 X001300      565
072 Y001300      409
072 Z001300     1999
072AA001300        0
072BB001300     1756
072CC011300     1601
072CC021300        0
072DD011300     1911
072DD021300       88
072EE001300        0
073 A011300   0.5160
073 A021300   0.4462
073 B001300   0.0000
073 C001300   0.0000
074 A001300      751
074 B001300        0
074 C001300     1300
074 D001300    35943
074 E001300        0
074 F001300        0
074 G001300        0
074 H001300        0
074 I001300        0
074 J001300     1027
074 K001300       19
074 L001300      702
074 M001300       39
074 N001300    39781
074 O001300     2472
074 P001300       12
074 Q001300        0
074 R011300        0
074 R021300        0
074 R031300        0
074 R041300      242
074 S001300        0
074 T001300    37055
074 U011300     3576
<PAGE>      PAGE  68
074 U021300      354
074 V011300     9.43
074 V021300     9.43
074 W001300   0.0000
074 X001300     1162
074 Y001300        0
075 A001300    36430
075 B001300        0
076  001300     0.00
008 A001401 SIERRA INVESTMENT ADVISORS CORPORATION
008 B001401 A
008 C001401 801-32921
008 D011401 NORTHRIDGE
008 D021401 CA
008 D031401 91324
008 A001402 SCUDDER, STEVENS & CLARK, INC.
008 B001402 S
008 C001402 801-252
008 D011402 BOSTON
008 D021402 MA
008 D031402 02110
028 A011400      1910
028 A021400       274
028 A031400         0
028 A041400     17350
028 B011400      1114
028 B021400       233
028 B031400         0
028 B041400      2401
028 C011400       891
028 C021400       183
028 C031400         0
028 C041400     14610
028 D011400      4343
028 D021400       181
028 D031400         0
028 D041400      1924
028 E011400       752
028 E021400       186
028 E031400         0
028 E041400      2064
028 F011400      1009
028 F021400       185
028 F031400         0
028 F041400      1926
028 G011400     10019
028 G021400      1242
028 G031400         0
028 G041400     40275
028 H001400      1754
029  001400 Y
<PAGE>      PAGE  69
030 A001400    224
030 B001400  3.50
030 C001400  0.00
031 A001400     34
031 B001400      0
032  001400     14
033  001400    176
034  001400 Y
035  001400     18
036 A001400 N
036 B001400      0
042 A001400   0
042 B001400   0
042 C001400 100
042 D001400   0
042 E001400   0
042 F001400   0
042 G001400   0
042 H001400   0
043  001400    165
044  001400      0
045  001400 Y
046  001400 N
047  001400 Y
048  001400  0.000
048 A011400   200000
048 A021400 0.500
048 B011400   300000
048 B021400 0.450
048 C011400        0
048 C021400 0.000
048 D011400        0
048 D021400 0.000
048 E011400        0
048 E021400 0.000
048 F011400        0
048 F021400 0.000
048 G011400        0
048 G021400 0.000
048 H011400        0
048 H021400 0.000
048 I011400        0
048 I021400 0.000
048 J011400        0
048 J021400 0.000
048 K011400   500000
048 K021400 0.400
049  001400 N
050  001400 N
051  001400 N
052  001400 N
<PAGE>      PAGE  70
053 A001400 Y
053 B001400 Y
053 C001400 N
055 A001400 Y
055 B001400 N
056  001400 Y
057  001400 N
058 A001400 N
059  001400 Y
060 A001400 Y
060 B001400 Y
061  001400      250
062 A001400 Y
062 B001400   0.0
062 C001400   0.0
062 D001400   0.0
062 E001400   0.0
062 F001400   0.0
062 G001400   0.0
062 H001400   0.0
062 I001400   1.4
062 J001400   0.0
062 K001400   0.0
062 L001400   0.0
062 M001400  23.7
062 N001400  25.6
062 O001400   0.0
062 P001400  12.8
062 Q001400  35.7
062 R001400   0.0
063 A001400   0
063 B001400  3.0
064 A001400 N
064 B001400 N
066 A001400 N
067  001400 N
068 A001400 N
068 B001400 N
069  001400 N
070 A011400 Y
070 A021400 Y
070 B011400 Y
070 B021400 N
070 C011400 Y
070 C021400 Y
070 D011400 Y
070 D021400 N
070 E011400 Y
070 E021400 Y
070 F011400 Y
070 F021400 N
<PAGE>      PAGE  71
070 G011400 Y
070 G021400 Y
070 H011400 Y
070 H021400 N
070 I011400 Y
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 N
070 L011400 Y
070 L021400 Y
070 M011400 Y
070 M021400 Y
070 N011400 Y
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 Y
070 P021400 N
070 Q011400 Y
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400     81871
071 B001400     51717
071 C001400     37746
071 D001400  137
072 A001400 12
072 B001400     3710
072 C001400        0
072 D001400        0
072 E001400        0
072 F001400      271
072 G001400      190
072 H001400        0
072 I001400       47
072 J001400        8
072 K001400        0
072 L001400        0
072 M001400        1
072 N001400       49
072 O001400        0
072 P001400        0
072 Q001400        0
072 R001400       19
072 S001400       15
072 T001400      165
072 U001400        4
072 V001400        0
072 W001400       13
<PAGE>      PAGE  72
072 X001400      782
072 Y001400      346
072 Z001400     3274
072AA001400        0
072BB001400     2579
072CC011400     1062
072CC021400        0
072DD011400     2941
072DD021400      204
072EE001400        0
073 A011400   0.1400
073 A021400   0.1200
073 B001400   0.0000
073 C001400   0.0031
074 A001400        1
074 B001400        0
074 C001400      664
074 D001400    48081
074 E001400        0
074 F001400        0
074 G001400        0
074 H001400        0
074 I001400        0
074 J001400        0
074 K001400        7
074 L001400      501
074 M001400       12
074 N001400    49266
074 O001400        0
074 P001400       25
074 Q001400        0
074 R011400        0
074 R021400        0
074 R031400        0
074 R041400      112
074 S001400        0
074 T001400    49129
074 U011400    18606
074 U021400     2262
074 V011400     2.35
074 V021400     2.35
074 W001400   0.0000
074 X001400    12063
074 Y001400        0
075 A001400    54148
075 B001400        0
076  001400     0.00
008 A001501 SIERRA INVESTMENT ADVISORS CORPORATION
008 B001501 A
008 C001501 801-32921
008 D011501 NORTHRIDGE
<PAGE>      PAGE  73
008 D021501 CA
008 D031501 91324
008 A001502 VAN KAMPEN AMERICAN CAPITAL MANAGEMENT INC.
008 B001502 S
008 C001502 801-40808
008 D011502 OAKBROOK TERRACE
008 D021502 IL
008 D031502 60181
028 A011500      1658
028 A021500       187
028 A031500         0
028 A041500      1576
028 B011500      1539
028 B021500       189
028 B031500         0
028 B041500      1020
028 C011500      2305
028 C021500       188
028 C031500         0
028 C041500      1702
028 D011500      2337
028 D021500       190
028 D031500         0
028 D041500      1485
028 E011500      2019
028 E021500       189
028 E031500         0
028 E041500      2229
028 F011500      2041
028 F021500       191
028 F031500         0
028 F041500      1762
028 G011500     11899
028 G021500      1134
028 G031500         0
028 G041500      9774
028 H001500      5107
029  001500 Y
030 A001500    653
030 B001500  4.50
030 C001500  0.00
031 A001500     88
031 B001500      0
032  001500      0
033  001500    565
034  001500 Y
035  001500     33
036 A001500 N
036 B001500      0
042 A001500   0
042 B001500   0
<PAGE>      PAGE  74
042 C001500 100
042 D001500   0
042 E001500   0
042 F001500   0
042 G001500   0
042 H001500   0
043  001500    204
044  001500      0
045  001500 Y
046  001500 N
047  001500 Y
048  001500  0.000
048 A011500   500000
048 A021500 0.650
048 B011500        0
048 B021500 0.000
048 C011500        0
048 C021500 0.000
048 D011500        0
048 D021500 0.000
048 E011500        0
048 E021500 0.000
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048 G011500        0
048 G021500 0.000
048 H011500        0
048 H021500 0.000
048 I011500        0
048 I021500 0.000
048 J011500        0
048 J021500 0.000
048 K011500   500000
048 K021500 0.500
049  001500 N
050  001500 N
051  001500 N
052  001500 N
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053 B001500 Y
053 C001500 N
055 A001500 N
055 B001500 N
056  001500 Y
057  001500 N
058 A001500 N
059  001500 Y
060 A001500 N
060 B001500 N
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062 A001500 Y
<PAGE>      PAGE  75
062 B001500   0.0
062 C001500   0.0
062 D001500   0.0
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062 F001500   0.0
062 G001500   0.0
062 H001500   0.0
062 I001500   0.0
062 J001500   0.0
062 K001500   0.0
062 L001500   0.0
062 M001500   0.0
062 N001500   0.0
062 O001500 103.3
062 P001500   0.0
062 Q001500   0.0
062 R001500   0.0
063 A001500   0
063 B001500  9.1
064 A001500 Y
064 B001500 N
066 A001500 N
067  001500 N
068 A001500 N
068 B001500 N
069  001500 N
070 A011500 Y
070 A021500 N
070 B011500 N
070 B021500 N
070 C011500 N
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 Y
070 F021500 N
070 G011500 Y
070 G021500 N
070 H011500 Y
070 H021500 N
070 I011500 Y
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 N
070 L011500 N
070 L021500 N
070 M011500 N
<PAGE>      PAGE  76
070 M021500 N
070 N011500 Y
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 Y
070 P021500 N
070 Q011500 Y
070 Q021500 N
070 R011500 N
070 R021500 N
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072 A001500 12
072 B001500     3120
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072 E001500        0
072 F001500      320
072 G001500      203
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072 Q001500        0
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073 A011500   0.5040
073 A021500   0.4278
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<PAGE>      PAGE  77
073 C001500   0.0000
074 A001500       65
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074 C001500      300
074 D001500    69112
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074 F001500        0
074 G001500        0
074 H001500        0
074 I001500        0
074 J001500        0
074 K001500       13
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074 M001500        6
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074 T001500    66908
074 U011500     5214
074 U021500     1186
074 V011500    10.45
074 V021500    10.45
074 W001500   0.0000
074 X001500     1809
074 Y001500     4511
075 A001500    58142
075 B001500        0
076  001500     0.00
008 A001601 SIERRA INVESTMENT ADVISORS CORPORATION
008 B001601 A
008 C001601 801-32921
008 D011601 NORTHRIDGE
008 D021601 CA
008 D031601 91324
008 A001602 BLACKROCK FINANCIAL MANAGEMENT, INC.
008 B001602 S
008 C001602 801-32183
008 D011602 NEW YORK
008 D021602 NY
008 D031602 10154
028 A011600         0
028 A021600         0
028 A031600         0
028 A041600         0
028 B011600         0
<PAGE>      PAGE  78
028 B021600         0
028 B031600         0
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028 C011600       511
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028 C041600         0
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028 D041600         0
028 E011600       353
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028 E031600         0
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028 F011600       355
028 F021600         0
028 F031600         0
028 F041600         1
028 G011600      2510
028 G021600         0
028 G031600         0
028 G041600        23
028 H001600      2161
029  001600 Y
030 A001600     37
030 B001600  2.00
030 C001600  0.00
031 A001600      5
031 B001600      0
032  001600      0
033  001600     32
034  001600 N
035  001600      0
036 B001600      0
042 A001600   0
042 B001600   0
042 C001600 100
042 D001600   0
042 E001600   0
042 F001600   0
042 G001600   0
042 H001600   0
043  001600      1
044  001600      0
045  001600 Y
046  001600 N
047  001600 Y
048  001600  0.000
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048 A021600 0.250
<PAGE>      PAGE  79
048 B011600        0
048 B021600 0.000
048 C011600        0
048 C021600 0.000
048 D011600        0
048 D021600 0.000
048 E011600        0
048 E021600 0.000
048 F011600        0
048 F021600 0.000
048 G011600        0
048 G021600 0.000
048 H011600        0
048 H021600 0.000
048 I011600        0
048 I021600 0.000
048 J011600        0
048 J021600 0.000
048 K011600   500000
048 K021600 0.250
049  001600 N
050  001600 N
051  001600 N
052  001600 N
053 A001600 Y
053 B001600 Y
053 C001600 N
055 A001600 N
055 B001600 N
056  001600 Y
057  001600 N
058 A001600 N
059  001600 Y
060 A001600 Y
060 B001600 Y
061  001600      250
062 A001600 Y
062 B001600   0.0
062 C001600   0.0
062 D001600   0.0
062 E001600   0.0
062 F001600   0.0
062 G001600   0.0
062 H001600   0.0
062 I001600   0.0
062 J001600   0.0
062 K001600   0.0
062 L001600   0.0
062 M001600  93.9
062 N001600   0.0
062 O001600   0.0
<PAGE>      PAGE  80
062 P001600   0.0
062 Q001600   0.0
062 R001600   0.0
063 A001600   0
063 B001600  7.4
064 A001600 N
064 B001600 N
066 A001600 N
067  001600 N
068 A001600 N
068 B001600 N
069  001600 N
070 A011600 Y
070 A021600 N
070 B011600 N
070 B021600 N
070 C011600 N
070 C021600 N
070 D011600 N
070 D021600 N
070 E011600 N
070 E021600 N
070 F011600 N
070 F021600 N
070 G011600 N
070 G021600 N
070 H011600 N
070 H021600 N
070 I011600 N
070 I021600 N
070 J011600 Y
070 J021600 N
070 K011600 N
070 K021600 N
070 L011600 N
070 L021600 N
070 M011600 N
070 M021600 N
070 N011600 N
070 N021600 N
070 O011600 Y
070 O021600 N
070 P011600 Y
070 P021600 N
070 Q011600 N
070 Q021600 N
070 R011600 N
070 R021600 N
071 A001600      2323
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071 C001600      1208
<PAGE>      PAGE  81
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072 A001600  4
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072 P001600        0
072 Q001600        0
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072 T001600        1
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072 Y001600       19
072 Z001600       25
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072CC021600        0
072DD011600        0
072DD021600        0
072EE001600        0
073 A011600   0.0000
073 A021600   0.0000
073 B001600   0.0000
073 C001600   0.0000
074 A001600       96
074 B001600        0
074 C001600        0
074 D001600     2465
074 E001600        0
074 F001600        0
074 G001600        0
074 H001600        0
074 I001600        0
074 J001600        0
074 K001600        3
074 L001600       16
074 M001600       56
<PAGE>      PAGE  82
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074 O001600        0
074 P001600        1
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074 R011600        0
074 R021600        0
074 R031600        0
074 R041600        9
074 S001600        0
074 T001600     2626
074 U011600        0
074 U021600      244
074 V011600    10.78
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074 W001600   0.0000
074 X001600      287
074 Y001600        0
075 A001600     1712
075 B001600        0
076  001600     0.00
SIGNATURE   CRAIG M. MILLER                              
TITLE       ASSISTANT TREASURER 
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>  1
              <NAME>         STF GLOBAL MONEY CLASS A
       
<S>                                      <C>
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<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
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<INVESTMENTS-AT-VALUE>                                     118,305,110
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<ACCUMULATED-NII-CURRENT>                                       26,032
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<NET-INVESTMENT-INCOME>                                      4,327,076
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<APPREC-INCREASE-CURRENT>                                            0
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<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (4,191,083)
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>  1
              <NAME>         STF GLOBAL MONEY CLASS B
       
<S>                                      <C>
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<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
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<TOTAL-ASSETS>                                             119,076,996
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<SENIOR-LONG-TERM-DEBT>                                              0
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<OTHER-INCOME>                                                       0
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<APPREC-INCREASE-CURRENT>                                            0
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<DISTRIBUTIONS-OF-GAINS>                                            (2)
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<ACCUMULATED-GAINS-PRIOR>                                       (3,042)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>  1
              <NAME>         STF GLOBAL MONEY CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
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<SENIOR-EQUITY>                                                      0
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<OTHER-INCOME>                                                       0
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<NET-INVESTMENT-INCOME>                                      4,327,076
<REALIZED-GAINS-CURRENT>                                        21,401
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        4,348,477
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (127,884)
<DISTRIBUTIONS-OF-GAINS>                                           (45)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      7,747,143
<NUMBER-OF-SHARES-REDEEMED>                                   (484,104)
<SHARES-REINVESTED>                                            127,561
<NET-CHANGE-IN-ASSETS>                                      63,678,143
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                       (3,042)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
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<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              1,029,806
<AVERAGE-NET-ASSETS>                                         2,736,712
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.04
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-DIVIDEND>                                             (0.04)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   1.29
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   2
              <NAME>          STF U.S. GOV'T MONEY CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
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<INVESTMENTS-AT-VALUE>                                      45,863,586
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<TOTAL-ASSETS>                                              48,528,227
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      176,127
<TOTAL-LIABILITIES>                                            176,127
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    47,498,426
<SHARES-COMMON-STOCK>                                       47,502,688
<SHARES-COMMON-PRIOR>                                       30,188,182
<ACCUMULATED-NII-CURRENT>                                        5,326
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        (11,500)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                                47,492,438
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,106,871
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 326,756
<NET-INVESTMENT-INCOME>                                      1,780,115
<REALIZED-GAINS-CURRENT>                                        (2,254)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        1,777,861
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,774,474)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                    273,679,428
<NUMBER-OF-SHARES-REDEEMED>                               (258,032,735)
<SHARES-REINVESTED>                                          1,667,813
<NET-CHANGE-IN-ASSETS>                                      18,172,100
<ACCUMULATED-NII-PRIOR>                                          5,326
<ACCUMULATED-GAINS-PRIOR>                                       (9,246)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          153,991
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                482,784
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<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.05
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-DIVIDEND>                                             (0.05)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.85
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   2
              <NAME>          STF U.S. GOV'T MONEY CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       45,863,586
<INVESTMENTS-AT-VALUE>                                      45,863,586
<RECEIVABLES>                                                2,339,736
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           324,905
<TOTAL-ASSETS>                                              48,528,227
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      176,127
<TOTAL-LIABILITIES>                                            176,127
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                       122,740
<SHARES-COMMON-STOCK>                                          122,740
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        5,326
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        (11,500)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                                   122,713
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,106,871
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 326,756
<NET-INVESTMENT-INCOME>                                      1,780,115
<REALIZED-GAINS-CURRENT>                                        (2,254)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        1,777,861
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       (1,037)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        296,191
<NUMBER-OF-SHARES-REDEEMED>                                   (173,994)
<SHARES-REINVESTED>                                                543
<NET-CHANGE-IN-ASSETS>                                      18,172,100
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                       (9,246)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          153,991
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                482,784
<AVERAGE-NET-ASSETS>                                            25,135
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.04
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-DIVIDEND>                                             (0.04)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   1.60
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   2
              <NAME>          STF U.S. GOV'T MONEY CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       45,863,586
<INVESTMENTS-AT-VALUE>                                      45,863,586
<RECEIVABLES>                                                2,339,736
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           324,905
<TOTAL-ASSETS>                                              48,528,227
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      176,127
<TOTAL-LIABILITIES>                                            176,127
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                       737,108
<SHARES-COMMON-STOCK>                                          737,108
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        5,326
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        (11,500)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                                   736,949
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,106,871
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 326,756
<NET-INVESTMENT-INCOME>                                      1,780,115
<REALIZED-GAINS-CURRENT>                                        (2,254)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        1,777,861
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       (4,604)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      7,486,699
<NUMBER-OF-SHARES-REDEEMED>                                 (6,751,343)
<SHARES-REINVESTED>                                              1,752
<NET-CHANGE-IN-ASSETS>                                      18,172,100
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                       (9,246)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          153,991
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                482,784
<AVERAGE-NET-ASSETS>                                           107,142
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.04
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-DIVIDEND>                                             (0.04)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   1.60
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>    3
              <NAME>           STF CAL MONEY CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       55,084,599
<INVESTMENTS-AT-VALUE>                                      55,084,599
<RECEIVABLES>                                                1,572,820
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              56,657,419
<PAYABLE-FOR-SECURITIES>                                     7,543,050
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      189,673
<TOTAL-LIABILITIES>                                          7,732,723
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    48,873,531
<SHARES-COMMON-STOCK>                                       48,876,727
<SHARES-COMMON-PRIOR>                                       62,521,338
<ACCUMULATED-NII-CURRENT>                                        3,196
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        (41,061)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                                48,835,742
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            1,925,065
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 457,686
<NET-INVESTMENT-INCOME>                                      1,467,379
<REALIZED-GAINS-CURRENT>                                       (20,162)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        1,447,217
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,465,972)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                     50,256,138
<NUMBER-OF-SHARES-REDEEMED>                                (65,314,798)
<SHARES-REINVESTED>                                          1,414,049
<NET-CHANGE-IN-ASSETS>                                     (13,575,743)
<ACCUMULATED-NII-PRIOR>                                          3,196
<ACCUMULATED-GAINS-PRIOR>                                      (20,899)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          215,043
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                616,318
<AVERAGE-NET-ASSETS>                                        53,697,267
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.03
<PER-SHARE-GAIN-APPREC>                                          (0.00)
<PER-SHARE-DIVIDEND>                                             (0.03)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   0.85
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>    3
              <NAME>           STF CAL MONEY CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       55,084,599
<INVESTMENTS-AT-VALUE>                                      55,084,599
<RECEIVABLES>                                                1,572,820
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              56,657,419
<PAYABLE-FOR-SECURITIES>                                     7,543,050
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      189,673
<TOTAL-LIABILITIES>                                          7,732,723
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                        78,827
<SHARES-COMMON-STOCK>                                           78,827
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        3,196
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        (41,061)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                                    78,760
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            1,925,065
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 457,686
<NET-INVESTMENT-INCOME>                                      1,467,379
<REALIZED-GAINS-CURRENT>                                       (20,162)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        1,447,217
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       (1,205)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        157,149
<NUMBER-OF-SHARES-REDEEMED>                                    (79,248)
<SHARES-REINVESTED>                                                926
<NET-CHANGE-IN-ASSETS>                                     (13,575,743)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                      (20,899)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          215,043
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                616,318
<AVERAGE-NET-ASSETS>                                            53,457
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                          (0.00)
<PER-SHARE-DIVIDEND>                                             (0.02)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   1.60
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>    3
              <NAME>           STF CAL MONEY CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       55,084,599
<INVESTMENTS-AT-VALUE>                                      55,084,599
<RECEIVABLES>                                                1,572,820
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                              56,657,419
<PAYABLE-FOR-SECURITIES>                                     7,543,050
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      189,673
<TOTAL-LIABILITIES>                                          7,732,723
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                        10,203
<SHARES-COMMON-STOCK>                                           10,203
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        3,196
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                        (41,061)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                             0
<NET-ASSETS>                                                    10,194
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            1,925,065
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 457,686
<NET-INVESTMENT-INCOME>                                      1,467,379
<REALIZED-GAINS-CURRENT>                                       (20,162)
<APPREC-INCREASE-CURRENT>                                            0
<NET-CHANGE-FROM-OPS>                                        1,447,217
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (202)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                         10,001
<NUMBER-OF-SHARES-REDEEMED>                                          0
<SHARES-REINVESTED>                                                202
<NET-CHANGE-IN-ASSETS>                                     (13,575,743)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                      (20,899)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          215,043
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                616,318
<AVERAGE-NET-ASSETS>                                             9,967
<PER-SHARE-NAV-BEGIN>                                             1.00
<PER-SHARE-NII>                                                   0.02
<PER-SHARE-GAIN-APPREC>                                           0.00
<PER-SHARE-DIVIDEND>                                             (0.02)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               1.00
<EXPENSE-RATIO>                                                   1.60
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 4
              <NAME> STF U.S. GOVT CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      563,383,539
<INVESTMENTS-AT-VALUE>                                     573,163,485
<RECEIVABLES>                                               21,426,766
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            60,222
<TOTAL-ASSETS>                                             594,650,473
<PAYABLE-FOR-SECURITIES>                                     9,312,523
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                  107,885,817
<TOTAL-LIABILITIES>                                        117,198,340
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   525,352,745
<SHARES-COMMON-STOCK>                                       47,587,958
<SHARES-COMMON-PRIOR>                                       70,509,643
<ACCUMULATED-NII-CURRENT>                                        3,118
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                    (73,423,058)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     8,485,804
<NET-ASSETS>                                               459,967,568
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           43,407,554
<OTHER-INCOME>                                               2,377,207
<EXPENSES-NET>                                               6,397,868
<NET-INVESTMENT-INCOME>                                     39,386,893
<REALIZED-GAINS-CURRENT>                                   (54,757,067)
<APPREC-INCREASE-CURRENT>                                   61,068,404
<NET-CHANGE-FROM-OPS>                                       45,698,230
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                  (37,939,401)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      7,363,825
<NUMBER-OF-SHARES-REDEEMED>                                (32,671,743)
<SHARES-REINVESTED>                                          2,386,233
<NET-CHANGE-IN-ASSETS>                                    (189,113,404)
<ACCUMULATED-NII-PRIOR>                                         51,912
<ACCUMULATED-GAINS-PRIOR>                                  (19,552,836)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,864,170
<INTEREST-EXPENSE>                                           1,363,184
<GROSS-EXPENSE>                                              8,340,791
<AVERAGE-NET-ASSETS>                                       511,530,889
<PER-SHARE-NAV-BEGIN>                                             9.45
<PER-SHARE-NII>                                                   0.70
<PER-SHARE-GAIN-APPREC>                                           0.22
<PER-SHARE-DIVIDEND>                                             (0.70)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.67
<EXPENSE-RATIO>                                                   0.95
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 4
              <NAME> STF U.S. GOVT CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      563,383,539
<INVESTMENTS-AT-VALUE>                                     573,163,485
<RECEIVABLES>                                               21,426,766
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            60,222
<TOTAL-ASSETS>                                             594,650,473
<PAYABLE-FOR-SECURITIES>                                     9,312,523
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                  107,885,817
<TOTAL-LIABILITIES>                                        117,198,340
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    10,370,819
<SHARES-COMMON-STOCK>                                        1,101,381
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        3,118
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                    (73,423,058)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     8,485,804
<NET-ASSETS>                                                10,645,881
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           43,407,554
<OTHER-INCOME>                                               2,377,207
<EXPENSES-NET>                                               6,397,868
<NET-INVESTMENT-INCOME>                                     39,386,893
<REALIZED-GAINS-CURRENT>                                   (54,757,067)
<APPREC-INCREASE-CURRENT>                                   61,068,404
<NET-CHANGE-FROM-OPS>                                       45,698,230
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (403,591)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      1,306,396
<NUMBER-OF-SHARES-REDEEMED>                                   (230,868)
<SHARES-REINVESTED>                                             25,853
<NET-CHANGE-IN-ASSETS>                                    (189,113,404)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                  (19,552,836)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,864,170
<INTEREST-EXPENSE>                                           1,363,184
<GROSS-EXPENSE>                                              8,340,791
<AVERAGE-NET-ASSETS>                                         6,105,672
<PER-SHARE-NAV-BEGIN>                                             9.45
<PER-SHARE-NII>                                                   0.63
<PER-SHARE-GAIN-APPREC>                                           0.22
<PER-SHARE-DIVIDEND>                                             (0.63)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.67
<EXPENSE-RATIO>                                                   1.70
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 4
              <NAME> STF U.S. GOVT CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      563,383,539
<INVESTMENTS-AT-VALUE>                                     573,163,485
<RECEIVABLES>                                               21,426,766
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            60,222
<TOTAL-ASSETS>                                             594,650,473
<PAYABLE-FOR-SECURITIES>                                     9,312,523
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                  107,885,817
<TOTAL-LIABILITIES>                                        117,198,340
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     6,662,705
<SHARES-COMMON-STOCK>                                          707,519
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        3,118
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                    (73,423,058)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     8,485,804
<NET-ASSETS>                                                 6,838,684
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           43,407,554
<OTHER-INCOME>                                               2,377,207
<EXPENSES-NET>                                               6,397,868
<NET-INVESTMENT-INCOME>                                     39,386,893
<REALIZED-GAINS-CURRENT>                                   (54,757,067)
<APPREC-INCREASE-CURRENT>                                   61,068,404
<NET-CHANGE-FROM-OPS>                                       45,698,230
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (205,850)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        827,576
<NUMBER-OF-SHARES-REDEEMED>                                   (139,311)
<SHARES-REINVESTED>                                             19,254
<NET-CHANGE-IN-ASSETS>                                    (189,113,404)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                  (19,552,836)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,864,170
<INTEREST-EXPENSE>                                           1,363,184
<GROSS-EXPENSE>                                              8,340,791
<AVERAGE-NET-ASSETS>                                         3,121,606
<PER-SHARE-NAV-BEGIN>                                             9.45
<PER-SHARE-NII>                                                   0.63
<PER-SHARE-GAIN-APPREC>                                           0.22
<PER-SHARE-DIVIDEND>                                             (0.63)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.67
<EXPENSE-RATIO>                                                   1.70
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>  5
              <NAME>        STF CAL MUNI CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      394,807,071
<INVESTMENTS-AT-VALUE>                                     409,122,220
<RECEIVABLES>                                                8,540,364
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             417,662,584
<PAYABLE-FOR-SECURITIES>                                     3,000,000
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,454,845
<TOTAL-LIABILITIES>                                          4,454,845
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   407,534,639
<SHARES-COMMON-STOCK>                                       38,549,303
<SHARES-COMMON-PRIOR>                                       49,076,902
<ACCUMULATED-NII-CURRENT>                                        7,094
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                    (15,801,775)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    14,315,149
<NET-ASSETS>                                               405,967,196
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           29,650,625
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               3,780,201
<NET-INVESTMENT-INCOME>                                     25,870,424
<REALIZED-GAINS-CURRENT>                                    (4,641,450)
<APPREC-INCREASE-CURRENT>                                    7,744,208
<NET-CHANGE-FROM-OPS>                                       28,973,182
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                  (25,700,052)
<DISTRIBUTIONS-OF-GAINS>                                        (5,670)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      4,096,004
<NUMBER-OF-SHARES-REDEEMED>                                (16,298,541)
<SHARES-REINVESTED>                                          1,674,938
<NET-CHANGE-IN-ASSETS>                                     (96,015,704)
<ACCUMULATED-NII-PRIOR>                                            937
<ACCUMULATED-GAINS-PRIOR>                                  (11,154,307)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,419,708
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              5,695,254
<AVERAGE-NET-ASSETS>                                       436,687,615
<PER-SHARE-NAV-BEGIN>                                            10.38
<PER-SHARE-NII>                                                   0.61
<PER-SHARE-GAIN-APPREC>                                           0.15
<PER-SHARE-DIVIDEND>                                             (0.61)
<PER-SHARE-DISTRIBUTIONS>                                        (0.00)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.53
<EXPENSE-RATIO>                                                   0.85
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>  5
              <NAME>        STF CAL MUNI CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      394,807,071
<INVESTMENTS-AT-VALUE>                                     409,122,220
<RECEIVABLES>                                                8,540,364
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             417,662,584
<PAYABLE-FOR-SECURITIES>                                     3,000,000
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,454,845
<TOTAL-LIABILITIES>                                          4,454,845
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     7,142,339
<SHARES-COMMON-STOCK>                                          686,530
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        7,094
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                    (15,801,775)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    14,315,149
<NET-ASSETS>                                                 7,229,858
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           29,650,625
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               3,780,201
<NET-INVESTMENT-INCOME>                                     25,870,424
<REALIZED-GAINS-CURRENT>                                    (4,641,450)
<APPREC-INCREASE-CURRENT>                                    7,744,208
<NET-CHANGE-FROM-OPS>                                       28,973,182
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (163,977)
<DISTRIBUTIONS-OF-GAINS>                                           (42)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        772,943
<NUMBER-OF-SHARES-REDEEMED>                                    (97,929)
<SHARES-REINVESTED>                                             11,516
<NET-CHANGE-IN-ASSETS>                                     (96,015,704)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                  (11,154,307)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,419,708
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              5,695,254
<AVERAGE-NET-ASSETS>                                         3,248,859
<PER-SHARE-NAV-BEGIN>                                            10.38
<PER-SHARE-NII>                                                   0.53
<PER-SHARE-GAIN-APPREC>                                           0.15
<PER-SHARE-DIVIDEND>                                             (0.53)
<PER-SHARE-DISTRIBUTIONS>                                        (0.00)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.53
<EXPENSE-RATIO>                                                   1.60
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   5
              <NAME>          STF CAL MUNI CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      394,807,071
<INVESTMENTS-AT-VALUE>                                     409,122,220
<RECEIVABLES>                                                8,540,364
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             417,662,584
<PAYABLE-FOR-SECURITIES>                                     3,000,000
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,454,845
<TOTAL-LIABILITIES>                                          4,454,845
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                        10,293
<SHARES-COMMON-STOCK>                                            1,015
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        7,094
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                    (15,801,775)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    14,315,149
<NET-ASSETS>                                                    10,685
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           29,650,625
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               3,780,201
<NET-INVESTMENT-INCOME>                                     25,870,424
<REALIZED-GAINS-CURRENT>                                    (4,641,450)
<APPREC-INCREASE-CURRENT>                                    7,744,208
<NET-CHANGE-FROM-OPS>                                       28,973,182
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (544)
<DISTRIBUTIONS-OF-GAINS>                                            (0)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                          6,680
<NUMBER-OF-SHARES-REDEEMED>                                     (5,715)
<SHARES-REINVESTED>                                                 50
<NET-CHANGE-IN-ASSETS>                                     (96,015,704)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                  (11,154,307)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,419,708
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              5,695,254
<AVERAGE-NET-ASSETS>                                            10,519
<PER-SHARE-NAV-BEGIN>                                            10.38
<PER-SHARE-NII>                                                   0.53
<PER-SHARE-GAIN-APPREC>                                           0.15
<PER-SHARE-DIVIDEND>                                             (0.53)
<PER-SHARE-DISTRIBUTIONS>                                        (0.00)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.53
<EXPENSE-RATIO>                                                   1.60
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   6
              <NAME>          STF GROWTH AND INCOME CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      178,332,766
<INVESTMENTS-AT-VALUE>                                     194,091,742
<RECEIVABLES>                                                3,420,866
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                               903
<TOTAL-ASSETS>                                             197,513,511
<PAYABLE-FOR-SECURITIES>                                     5,534,755
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      515,780
<TOTAL-LIABILITIES>                                          6,050,535
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   149,740,009
<SHARES-COMMON-STOCK>                                       13,528,483
<SHARES-COMMON-PRIOR>                                       11,082,958
<ACCUMULATED-NII-CURRENT>                                       23,311
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                      6,047,508
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    15,758,976
<NET-ASSETS>                                               170,176,888
<DIVIDEND-INCOME>                                            4,106,298
<INTEREST-INCOME>                                              440,062
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,728,947
<NET-INVESTMENT-INCOME>                                      1,817,413
<REALIZED-GAINS-CURRENT>                                    11,539,202
<APPREC-INCREASE-CURRENT>                                   17,468,762
<NET-CHANGE-FROM-OPS>                                       30,825,377
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,744,256)
<DISTRIBUTIONS-OF-GAINS>                                   (10,906,199)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      9,909,988
<NUMBER-OF-SHARES-REDEEMED>                                 (8,616,524)
<SHARES-REINVESTED>                                          1,152,061
<NET-CHANGE-IN-ASSETS>                                      66,214,232
<ACCUMULATED-NII-PRIOR>                                         12,275
<ACCUMULATED-GAINS-PRIOR>                                    6,114,098
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,323,807
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,728,947
<AVERAGE-NET-ASSETS>                                       159,773,385
<PER-SHARE-NAV-BEGIN>                                            11.30
<PER-SHARE-NII>                                                   0.13
<PER-SHARE-GAIN-APPREC>                                           2.04
<PER-SHARE-DIVIDEND>                                             (0.12)
<PER-SHARE-DISTRIBUTIONS>                                        (0.77)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              12.58
<EXPENSE-RATIO>                                                   1.56
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   6
              <NAME>          STF GROWTH AND INCOME CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      178,332,766
<INVESTMENTS-AT-VALUE>                                     194,091,742
<RECEIVABLES>                                                3,420,866
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                               903
<TOTAL-ASSETS>                                             197,513,511
<PAYABLE-FOR-SECURITIES>                                     5,534,755
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      515,780
<TOTAL-LIABILITIES>                                          6,050,535
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     6,481,529
<SHARES-COMMON-STOCK>                                          551,301
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                       23,311
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                      6,047,508
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    15,758,976
<NET-ASSETS>                                                 6,917,842
<DIVIDEND-INCOME>                                            4,106,298
<INTEREST-INCOME>                                              440,062
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,728,947
<NET-INVESTMENT-INCOME>                                      1,817,413
<REALIZED-GAINS-CURRENT>                                    11,539,202
<APPREC-INCREASE-CURRENT>                                   17,468,762
<NET-CHANGE-FROM-OPS>                                       30,825,377
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      (19,234)
<DISTRIBUTIONS-OF-GAINS>                                      (178,420)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        572,323
<NUMBER-OF-SHARES-REDEEMED>                                    (38,837)
<SHARES-REINVESTED>                                             17,815
<NET-CHANGE-IN-ASSETS>                                      66,214,232
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                    6,114,098
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,323,807
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,728,947
<AVERAGE-NET-ASSETS>                                         2,858,694
<PER-SHARE-NAV-BEGIN>                                            11.30
<PER-SHARE-NII>                                                   0.05
<PER-SHARE-GAIN-APPREC>                                           2.04
<PER-SHARE-DIVIDEND>                                             (0.07)
<PER-SHARE-DISTRIBUTIONS>                                        (0.77)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              12.55
<EXPENSE-RATIO>                                                   2.31
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<PAGE>   1
[ARTICLE]  6
[SERIES]
              [NUMBER]   6
              [NAME]          STF GROWTH AND INCOME CLASS S
<TABLE>
<S>                                      <C>
[PERIOD-TYPE]                            12-MOS
[FISCAL-YEAR-END]                        JUN-30-1995
[PERIOD-END]                             JUN-30-1995
[INVESTMENTS-AT-COST]                                      178,332,766
[INVESTMENTS-AT-VALUE]                                     194,091,742
[RECEIVABLES]                                                3,420,866
[ASSETS-OTHER]                                                       0
[OTHER-ITEMS-ASSETS]                                               903
[TOTAL-ASSETS]                                             197,513,511
[PAYABLE-FOR-SECURITIES]                                     5,534,755
[SENIOR-LONG-TERM-DEBT]                                              0
[OTHER-ITEMS-LIABILITIES]                                      515,780
[TOTAL-LIABILITIES]                                          6,050,535
[SENIOR-EQUITY]                                                      0
[PAID-IN-CAPITAL-COMMON]                                    13,411,643
[SHARES-COMMON-STOCK]                                        1,144,657
[SHARES-COMMON-PRIOR]                                                0
[ACCUMULATED-NII-CURRENT]                                       23,311
[OVERDISTRIBUTION-NII]                                               0
[ACCUMULATED-NET-GAINS]                                      6,047,508
[OVERDISTRIBUTION-GAINS]                                             0
[ACCUM-APPREC-OR-DEPREC]                                    15,758,976
[NET-ASSETS]                                                14,368,246
[DIVIDEND-INCOME]                                            4,106,298
[INTEREST-INCOME]                                              440,062
[OTHER-INCOME]                                                       0
[EXPENSES-NET]                                               2,728,947
[NET-INVESTMENT-INCOME]                                      1,817,413
[REALIZED-GAINS-CURRENT]                                    11,539,202
[APPREC-INCREASE-CURRENT]                                   17,468,762
[NET-CHANGE-FROM-OPS]                                       30,825,377
[EQUALIZATION]                                                       0
[DISTRIBUTIONS-OF-INCOME]                                      (42,887)
[DISTRIBUTIONS-OF-GAINS]                                      (521,173)
[DISTRIBUTIONS-OTHER]                                                0
[NUMBER-OF-SHARES-SOLD]                                      1,356,937
[NUMBER-OF-SHARES-REDEEMED]                                   (264,174)
[SHARES-REINVESTED]                                             51,894
[NET-CHANGE-IN-ASSETS]                                      66,214,232
[ACCUMULATED-NII-PRIOR]                                              0
[ACCUMULATED-GAINS-PRIOR]                                    6,114,098
[OVERDISTRIB-NII-PRIOR]                                              0
[OVERDIST-NET-GAINS-PRIOR]                                           0
[GROSS-ADVISORY-FEES]                                        1,323,807
[INTEREST-EXPENSE]                                                   0
[GROSS-EXPENSE]                                              2,728,947
[AVERAGE-NET-ASSETS]                                         7,208,808
[PER-SHARE-NAV-BEGIN]                                            11.30
[PER-SHARE-NII]                                                   0.05
[PER-SHARE-GAIN-APPREC]                                           2.04
[PER-SHARE-DIVIDEND]                                             (0.07)
[PER-SHARE-DISTRIBUTIONS]                                        (0.77)
[RETURNS-OF-CAPITAL]                                              0.00
[PER-SHARE-NAV-END]                                              12.55
[EXPENSE-RATIO]                                                   2.31
[AVG-DEBT-OUTSTANDING]                                               0
[AVG-DEBT-PER-SHARE]                                                 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   7
              <NAME>          STF CORPORATE INCOME FUND CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      440,072,967
<INVESTMENTS-AT-VALUE>                                     456,005,713
<RECEIVABLES>                                                9,386,874
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             465,392,587
<PAYABLE-FOR-SECURITIES>                                     2,260,900
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                   55,644,203
<TOTAL-LIABILITIES>                                         57,905,103
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   401,697,856
<SHARES-COMMON-STOCK>                                       36,454,597
<SHARES-COMMON-PRIOR>                                       47,873,806
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                      (1,086,967)
<ACCUMULATED-NET-GAINS>                                    (31,204,974)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    15,932,746
<NET-ASSETS>                                               383,641,846
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           36,298,210
<OTHER-INCOME>                                               1,263,475
<EXPENSES-NET>                                               3,781,437
<NET-INVESTMENT-INCOME>                                     33,780,248
<REALIZED-GAINS-CURRENT>                                   (28,272,871)
<APPREC-INCREASE-CURRENT>                                   51,363,673
<NET-CHANGE-FROM-OPS>                                       56,871,050
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                  (31,337,187)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                       (1,452,137)
<NUMBER-OF-SHARES-SOLD>                                      8,733,946
<NUMBER-OF-SHARES-REDEEMED>                                (21,974,395)
<SHARES-REINVESTED>                                          1,821,240
<NET-CHANGE-IN-ASSETS>                                     (65,031,279)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (8,805,839)
<OVERDISTRIB-NII-PRIOR>                                       (741,789)
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,663,842
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              5,844,353
<AVERAGE-NET-ASSETS>                                       397,836,245
<PER-SHARE-NAV-BEGIN>                                             9.87
<PER-SHARE-NII>                                                   0.68
<PER-SHARE-GAIN-APPREC>                                           0.78
<PER-SHARE-DIVIDEND>                                             (0.77)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                             (0.04)
<PER-SHARE-NAV-END>                                              10.52
<EXPENSE-RATIO>                                                   0.90
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   7
              <NAME>          STF CORPORATE INCOME FUND CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      440,072,967
<INVESTMENTS-AT-VALUE>                                     456,005,713
<RECEIVABLES>                                                9,386,874
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             465,392,587
<PAYABLE-FOR-SECURITIES>                                     2,260,900
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                   55,644,203
<TOTAL-LIABILITIES>                                         57,905,103
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    14,048,680
<SHARES-COMMON-STOCK>                                        1,439,115
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                      (1,086,967)
<ACCUMULATED-NET-GAINS>                                    (31,204,974)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    15,932,746
<NET-ASSETS>                                                15,144,903
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           36,298,210
<OTHER-INCOME>                                               1,263,475
<EXPENSES-NET>                                               3,781,437
<NET-INVESTMENT-INCOME>                                     33,780,248
<REALIZED-GAINS-CURRENT>                                   (28,272,871)
<APPREC-INCREASE-CURRENT>                                   51,363,673
<NET-CHANGE-FROM-OPS>                                       56,871,050
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (504,606)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                          (26,497)
<NUMBER-OF-SHARES-SOLD>                                      1,563,762
<NUMBER-OF-SHARES-REDEEMED>                                   (148,365)
<SHARES-REINVESTED>                                             23,718
<NET-CHANGE-IN-ASSETS>                                     (65,031,279)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (8,805,839)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,663,842
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              5,844,353
<AVERAGE-NET-ASSETS>                                         7,259,376
<PER-SHARE-NAV-BEGIN>                                             9.87
<PER-SHARE-NII>                                                   0.61
<PER-SHARE-GAIN-APPREC>                                           0.78
<PER-SHARE-DIVIDEND>                                             (0.70)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                             (0.04)
<PER-SHARE-NAV-END>                                              10.52
<EXPENSE-RATIO>                                                   1.65
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   7
              <NAME>          STF CORPORATE INCOME FUND CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      440,072,967
<INVESTMENTS-AT-VALUE>                                     456,005,713
<RECEIVABLES>                                                9,386,874
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                                 0
<TOTAL-ASSETS>                                             465,392,587
<PAYABLE-FOR-SECURITIES>                                     2,260,900
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                   55,644,203
<TOTAL-LIABILITIES>                                         57,905,103
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     8,100,143
<SHARES-COMMON-STOCK>                                          826,773
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                      (1,086,967)
<ACCUMULATED-NET-GAINS>                                    (31,204,974)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    15,932,746
<NET-ASSETS>                                                 8,700,735
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           36,298,210
<OTHER-INCOME>                                               1,263,475
<EXPENSES-NET>                                               3,781,437
<NET-INVESTMENT-INCOME>                                     33,780,248
<REALIZED-GAINS-CURRENT>                                   (28,272,871)
<APPREC-INCREASE-CURRENT>                                   51,363,673
<NET-CHANGE-FROM-OPS>                                       56,871,050
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (329,338)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                          (17,251)
<NUMBER-OF-SHARES-SOLD>                                      1,081,002
<NUMBER-OF-SHARES-REDEEMED>                                   (285,365)
<SHARES-REINVESTED>                                             31,136
<NET-CHANGE-IN-ASSETS>                                     (65,031,279)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (8,805,839)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        2,663,842
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              5,844,353
<AVERAGE-NET-ASSETS>                                         4,726,246
<PER-SHARE-NAV-BEGIN>                                             9.87
<PER-SHARE-NII>                                                   0.61
<PER-SHARE-GAIN-APPREC>                                           0.78
<PER-SHARE-DIVIDEND>                                             (0.70)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                             (0.04)
<PER-SHARE-NAV-END>                                              10.52
<EXPENSE-RATIO>                                                   1.65
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 8
              <NAME> STF NATIONAL MUNI CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      256,164,959
<INVESTMENTS-AT-VALUE>                                     266,944,557
<RECEIVABLES>                                                5,928,115
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         2,108,890
<TOTAL-ASSETS>                                             274,981,562
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,152,077
<TOTAL-LIABILITIES>                                          1,152,077
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   269,445,765
<SHARES-COMMON-STOCK>                                       25,005,336
<SHARES-COMMON-PRIOR>                                       32,676,810
<ACCUMULATED-NII-CURRENT>                                        9,823
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                   (11,329,738)
<ACCUM-APPREC-OR-DEPREC>                                    10,881,916
<NET-ASSETS>                                               269,032,784
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           20,593,300
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,530,179
<NET-INVESTMENT-INCOME>                                     18,063,121
<REALIZED-GAINS-CURRENT>                                    (8,590,608)
<APPREC-INCREASE-CURRENT>                                    7,239,910
<NET-CHANGE-FROM-OPS>                                       16,712,423
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                  (17,947,581)
<DISTRIBUTIONS-OF-GAINS>                                    (2,782,723)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      6,984,325
<NUMBER-OF-SHARES-REDEEMED>                                (15,898,135)
<SHARES-REINVESTED>                                          1,242,336
<NET-CHANGE-IN-ASSETS>                                     (80,671,705)
<ACCUMULATED-NII-PRIOR>                                         16,664
<ACCUMULATED-GAINS-PRIOR>                                       74,418
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,666,333
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              3,959,357
<AVERAGE-NET-ASSETS>                                       300,482,076
<PER-SHARE-NAV-BEGIN>                                            10.85
<PER-SHARE-NII>                                                   0.64
<PER-SHARE-GAIN-APPREC>                                           0.01
<PER-SHARE-DIVIDEND>                                             (0.64)
<PER-SHARE-DISTRIBUTIONS>                                        (0.10)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.76
<EXPENSE-RATIO>                                                   0.83
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 8
              <NAME> STF NATIONAL MUNI CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      256,164,959
<INVESTMENTS-AT-VALUE>                                     266,944,557
<RECEIVABLES>                                                5,928,115
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         2,108,890
<TOTAL-ASSETS>                                             274,981,562
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,152,077
<TOTAL-LIABILITIES>                                          1,152,077
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     4,811,084
<SHARES-COMMON-STOCK>                                          444,877
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        9,823
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                   (11,329,738)
<ACCUM-APPREC-OR-DEPREC>                                    10,881,916
<NET-ASSETS>                                                 4,786,143
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           20,593,300
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,530,179
<NET-INVESTMENT-INCOME>                                     18,063,121
<REALIZED-GAINS-CURRENT>                                    (8,590,608)
<APPREC-INCREASE-CURRENT>                                    7,239,910
<NET-CHANGE-FROM-OPS>                                       16,712,423
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (126,501)
<DISTRIBUTIONS-OF-GAINS>                                       (26,080)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        512,482
<NUMBER-OF-SHARES-REDEEMED>                                    (76,981)
<SHARES-REINVESTED>                                              9,376
<NET-CHANGE-IN-ASSETS>                                     (80,671,705)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                       74,418
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,666,333
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              3,959,357
<AVERAGE-NET-ASSETS>                                         2,477,463
<PER-SHARE-NAV-BEGIN>                                            10.85
<PER-SHARE-NII>                                                   0.56
<PER-SHARE-GAIN-APPREC>                                           0.01
<PER-SHARE-DIVIDEND>                                             (0.56)
<PER-SHARE-DISTRIBUTIONS>                                        (0.10)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.76
<EXPENSE-RATIO>                                                   1.58
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 8
              <NAME> STF NATIONAL MUNI CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      256,164,959
<INVESTMENTS-AT-VALUE>                                     266,944,557
<RECEIVABLES>                                                5,928,115
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         2,108,890
<TOTAL-ASSETS>                                             274,981,562
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,152,077
<TOTAL-LIABILITIES>                                          1,152,077
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                        10,635
<SHARES-COMMON-STOCK>                                              981
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        9,823
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                   (11,329,738)
<ACCUM-APPREC-OR-DEPREC>                                    10,881,916
<NET-ASSETS>                                                    10,558
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           20,593,300
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,530,179
<NET-INVESTMENT-INCOME>                                     18,063,121
<REALIZED-GAINS-CURRENT>                                    (8,590,608)
<APPREC-INCREASE-CURRENT>                                    7,239,910
<NET-CHANGE-FROM-OPS>                                       16,712,423
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (526)
<DISTRIBUTIONS-OF-GAINS>                                           (99)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                            923
<NUMBER-OF-SHARES-REDEEMED>                                          0
<SHARES-REINVESTED>                                                 58
<NET-CHANGE-IN-ASSETS>                                     (80,671,705)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                       74,418
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,666,333
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              3,959,357
<AVERAGE-NET-ASSETS>                                            10,071
<PER-SHARE-NAV-BEGIN>                                            10.85
<PER-SHARE-NII>                                                   0.56
<PER-SHARE-GAIN-APPREC>                                           0.01
<PER-SHARE-DIVIDEND>                                             (0.56)
<PER-SHARE-DISTRIBUTIONS>                                        (0.10)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.76
<EXPENSE-RATIO>                                                   1.58
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 9
              <NAME> STF EMERGING GROWTH CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      186,267,354
<INVESTMENTS-AT-VALUE>                                     214,311,745
<RECEIVABLES>                                               10,716,843
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           102,707
<TOTAL-ASSETS>                                             225,131,295
<PAYABLE-FOR-SECURITIES>                                    14,976,550
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,385,269
<TOTAL-LIABILITIES>                                         17,361,819
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   157,221,184
<SHARES-COMMON-STOCK>                                       12,001,672
<SHARES-COMMON-PRIOR>                                        9,596,185
<ACCUMULATED-NII-CURRENT>                                      (35,894)
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                      2,370,639
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    27,728,548
<NET-ASSETS>                                               185,721,976
<DIVIDEND-INCOME>                                            1,404,913
<INTEREST-INCOME>                                              774,402
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,729,840
<NET-INVESTMENT-INCOME>                                       (550,525)
<REALIZED-GAINS-CURRENT>                                     3,026,460
<APPREC-INCREASE-CURRENT>                                   29,092,221
<NET-CHANGE-FROM-OPS>                                       31,568,156
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                    (3,353,075)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                     12,646,514
<NUMBER-OF-SHARES-REDEEMED>                                (10,478,150)
<SHARES-REINVESTED>                                            237,123
<NET-CHANGE-IN-ASSETS>                                      82,828,927
<ACCUMULATED-NII-PRIOR>                                             (7)
<ACCUMULATED-GAINS-PRIOR>                                    3,384,218
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,400,644
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,729,840
<AVERAGE-NET-ASSETS>                                       150,559,043
<PER-SHARE-NAV-BEGIN>                                            13.02
<PER-SHARE-NII>                                                   0.00
<PER-SHARE-GAIN-APPREC>                                           2.77
<PER-SHARE-DIVIDEND>                                              0.00
<PER-SHARE-DISTRIBUTIONS>                                        (0.32)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.47
<EXPENSE-RATIO>                                                   1.68
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 9
              <NAME> STF EMERGING GROWTH CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      186,267,354
<INVESTMENTS-AT-VALUE>                                     214,311,745
<RECEIVABLES>                                               10,716,843
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           102,707
<TOTAL-ASSETS>                                             225,131,295
<PAYABLE-FOR-SECURITIES>                                    14,976,550
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,385,269
<TOTAL-LIABILITIES>                                         17,361,819
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     9,447,809
<SHARES-COMMON-STOCK>                                          664,152
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                      (35,894)
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                      2,370,639
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    27,728,548
<NET-ASSETS>                                                10,207,740
<DIVIDEND-INCOME>                                            1,404,913
<INTEREST-INCOME>                                              774,402
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,729,840
<NET-INVESTMENT-INCOME>                                       (550,525)
<REALIZED-GAINS-CURRENT>                                     3,026,460
<APPREC-INCREASE-CURRENT>                                   29,092,221
<NET-CHANGE-FROM-OPS>                                       31,568,156
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                      (103,364)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        707,285
<NUMBER-OF-SHARES-REDEEMED>                                    (50,475)
<SHARES-REINVESTED>                                              7,342
<NET-CHANGE-IN-ASSETS>                                      82,828,927
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                    3,384,218
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,400,644
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,729,840
<AVERAGE-NET-ASSETS>                                         4,665,964
<PER-SHARE-NAV-BEGIN>                                            13.02
<PER-SHARE-NII>                                                  (0.10)
<PER-SHARE-GAIN-APPREC>                                           2.77
<PER-SHARE-DIVIDEND>                                              0.00
<PER-SHARE-DISTRIBUTIONS>                                        (0.32)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.37
<EXPENSE-RATIO>                                                   2.43
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 9
              <NAME> STF EMERGING GROWTH CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      186,267,354
<INVESTMENTS-AT-VALUE>                                     214,311,745
<RECEIVABLES>                                               10,716,843
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           102,707
<TOTAL-ASSETS>                                             225,131,295
<PAYABLE-FOR-SECURITIES>                                    14,976,550
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    2,385,269
<TOTAL-LIABILITIES>                                         17,361,819
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    11,037,190
<SHARES-COMMON-STOCK>                                          770,135
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                      (35,894)
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                      2,370,639
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    27,728,548
<NET-ASSETS>                                                11,839,760
<DIVIDEND-INCOME>                                            1,404,913
<INTEREST-INCOME>                                              774,402
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,729,840
<NET-INVESTMENT-INCOME>                                       (550,525)
<REALIZED-GAINS-CURRENT>                                     3,026,460
<APPREC-INCREASE-CURRENT>                                   29,092,221
<NET-CHANGE-FROM-OPS>                                       31,568,156
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                       (68,962)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        801,685
<NUMBER-OF-SHARES-REDEEMED>                                    (36,474)
<SHARES-REINVESTED>                                              4,924
<NET-CHANGE-IN-ASSETS>                                      82,828,927
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                    3,384,218
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,400,644
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,729,840
<AVERAGE-NET-ASSETS>                                         3,674,345
<PER-SHARE-NAV-BEGIN>                                            13.02
<PER-SHARE-NII>                                                  (0.10)
<PER-SHARE-GAIN-APPREC>                                           2.77
<PER-SHARE-DIVIDEND>                                              0.00
<PER-SHARE-DISTRIBUTIONS>                                        (0.32)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.37
<EXPENSE-RATIO>                                                   2.43
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   10
              <NAME>          STF INT'L GROWTH CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      104,973,443
<INVESTMENTS-AT-VALUE>                                     103,977,048
<RECEIVABLES>                                                3,071,186
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         1,915,335
<TOTAL-ASSETS>                                             108,963,569
<PAYABLE-FOR-SECURITIES>                                     3,330,589
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      482,120
<TOTAL-LIABILITIES>                                          3,812,709
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    91,213,656
<SHARES-COMMON-STOCK>                                        9,380,637
<SHARES-COMMON-PRIOR>                                       11,892,678
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                      (2,539,903)
<ACCUMULATED-NET-GAINS>                                      3,126,277
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    (1,083,520)
<NET-ASSETS>                                                91,762,806
<DIVIDEND-INCOME>                                            2,605,873
<INTEREST-INCOME>                                              404,016
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,262,782
<NET-INVESTMENT-INCOME>                                        747,107
<REALIZED-GAINS-CURRENT>                                     1,298,457
<APPREC-INCREASE-CURRENT>                                   (7,697,847)
<NET-CHANGE-FROM-OPS>                                       (5,652,283)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (492,964)
<DISTRIBUTIONS-OF-GAINS>                                    (6,122,623)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                     13,257,566
<NUMBER-OF-SHARES-REDEEMED>                                (16,425,569)
<SHARES-REINVESTED>                                            655,962
<NET-CHANGE-IN-ASSETS>                                     (22,613,384)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                    4,413,506
<OVERDISTRIB-NII-PRIOR>                                       (541,479)
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,097,217
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,262,782
<AVERAGE-NET-ASSETS>                                       121,853,825
<PER-SHARE-NAV-BEGIN>                                            10.74
<PER-SHARE-NII>                                                  (0.11)
<PER-SHARE-GAIN-APPREC>                                          (0.31)
<PER-SHARE-DIVIDEND>                                             (0.04)
<PER-SHARE-DISTRIBUTIONS>                                        (0.50)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.78
<EXPENSE-RATIO>                                                   1.69
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE>  6
<SERIES>
              <NUMBER>   10
              <NAME>          STF INT'L GROWTH CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      104,973,443
<INVESTMENTS-AT-VALUE>                                     103,977,048
<RECEIVABLES>                                                3,071,186
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         1,915,335
<TOTAL-ASSETS>                                             108,963,569
<PAYABLE-FOR-SECURITIES>                                     3,330,589
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      482,120
<TOTAL-LIABILITIES>                                          3,812,709
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     2,452,567
<SHARES-COMMON-STOCK>                                          233,057
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                      (2,539,903)
<ACCUMULATED-NET-GAINS>                                      3,126,277
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    (1,083,520)
<NET-ASSETS>                                                 2,267,687
<DIVIDEND-INCOME>                                            2,605,873
<INTEREST-INCOME>                                              404,016
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,262,782
<NET-INVESTMENT-INCOME>                                        747,107
<REALIZED-GAINS-CURRENT>                                     1,298,457
<APPREC-INCREASE-CURRENT>                                   (7,697,847)
<NET-CHANGE-FROM-OPS>                                       (5,652,283)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       (4,215)
<DISTRIBUTIONS-OF-GAINS>                                       (77,085)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        267,274
<NUMBER-OF-SHARES-REDEEMED>                                    (42,313)
<SHARES-REINVESTED>                                              8,096
<NET-CHANGE-IN-ASSETS>                                     (22,613,384)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                    4,413,506
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,097,217
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,262,782
<AVERAGE-NET-ASSETS>                                         1,369,820
<PER-SHARE-NAV-BEGIN>                                            10.74
<PER-SHARE-NII>                                                  (0.17)
<PER-SHARE-GAIN-APPREC>                                          (0.31)
<PER-SHARE-DIVIDEND>                                             (0.03)
<PER-SHARE-DISTRIBUTIONS>                                        (0.50)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.73
<EXPENSE-RATIO>                                                   2.44
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   10
              <NAME>          STF INT'L GROWTH CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      104,973,443
<INVESTMENTS-AT-VALUE>                                     103,977,048
<RECEIVABLES>                                                3,071,186
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         1,915,335
<TOTAL-ASSETS>                                             108,963,569
<PAYABLE-FOR-SECURITIES>                                     3,330,589
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      482,120
<TOTAL-LIABILITIES>                                          3,812,709
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    11,981,783
<SHARES-COMMON-STOCK>                                        1,142,814
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                      (2,539,903)
<ACCUMULATED-NET-GAINS>                                      3,126,277
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    (1,083,520)
<NET-ASSETS>                                                11,120,367
<DIVIDEND-INCOME>                                            2,605,873
<INTEREST-INCOME>                                              404,016
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,262,782
<NET-INVESTMENT-INCOME>                                        747,107
<REALIZED-GAINS-CURRENT>                                     1,298,457
<APPREC-INCREASE-CURRENT>                                   (7,697,847)
<NET-CHANGE-FROM-OPS>                                       (5,652,283)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      (22,311)
<DISTRIBUTIONS-OF-GAINS>                                      (408,253)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      1,562,186
<NUMBER-OF-SHARES-REDEEMED>                                   (462,461)
<SHARES-REINVESTED>                                             43,089
<NET-CHANGE-IN-ASSETS>                                     (22,613,384)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                    4,413,506
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,097,217
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,262,782
<AVERAGE-NET-ASSETS>                                         7,135,085
<PER-SHARE-NAV-BEGIN>                                            10.74
<PER-SHARE-NII>                                                  (0.17)
<PER-SHARE-GAIN-APPREC>                                          (0.31)
<PER-SHARE-DIVIDEND>                                             (0.03)
<PER-SHARE-DISTRIBUTIONS>                                        (0.50)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.73
<EXPENSE-RATIO>                                                   2.44
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 11
              <NAME> STF SHORT TERM GLOBAL GOVT CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      106,228,949
<INVESTMENTS-AT-VALUE>                                     108,067,545
<RECEIVABLES>                                                3,800,464
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           112,442
<TOTAL-ASSETS>                                             111,980,451
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    4,411,035
<TOTAL-LIABILITIES>                                          4,411,035
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   106,482,430
<SHARES-COMMON-STOCK>                                       46,354,833
<SHARES-COMMON-PRIOR>                                       94,459,075
<ACCUMULATED-NII-CURRENT>                                    1,813,191
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                    (3,175,577)
<ACCUM-APPREC-OR-DEPREC>                                    (1,096,612)
<NET-ASSETS>                                               103,986,429
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           13,289,241
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,424,927
<NET-INVESTMENT-INCOME>                                     11,864,314
<REALIZED-GAINS-CURRENT>                                   (11,992,927)
<APPREC-INCREASE-CURRENT>                                    2,985,927
<NET-CHANGE-FROM-OPS>                                        2,857,314
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,548,353)
<DISTRIBUTIONS-OF-GAINS>                                      (616,469)
<DISTRIBUTIONS-OTHER>                                       (8,263,524)
<NUMBER-OF-SHARES-SOLD>                                     20,232,716
<NUMBER-OF-SHARES-REDEEMED>                                (71,314,635)
<SHARES-REINVESTED>                                          2,977,677
<NET-CHANGE-IN-ASSETS>                                    (113,254,526)
<ACCUMULATED-NII-PRIOR>                                    (10,769,666)
<ACCUMULATED-GAINS-PRIOR>                                   (1,184,338)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,070,631
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,401,764
<AVERAGE-NET-ASSETS>                                       161,604,801
<PER-SHARE-NAV-BEGIN>                                             2.34
<PER-SHARE-NII>                                                   0.17
<PER-SHARE-GAIN-APPREC>                                          (0.12)
<PER-SHARE-DIVIDEND>                                             (0.02)
<PER-SHARE-DISTRIBUTIONS>                                        (0.01)
<RETURNS-OF-CAPITAL>                                             (0.12)
<PER-SHARE-NAV-END>                                               2.24
<EXPENSE-RATIO>                                                   0.85
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 11
              <NAME> STF SHORT TERM GLOBAL GOVT CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      106,228,949
<INVESTMENTS-AT-VALUE>                                     108,067,545
<RECEIVABLES>                                                3,800,464
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           112,442
<TOTAL-ASSETS>                                             111,980,451
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    4,411,035
<TOTAL-LIABILITIES>                                          4,411,035
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     1,287,443
<SHARES-COMMON-STOCK>                                          578,147
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                    1,813,191
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                    (3,175,577)
<ACCUM-APPREC-OR-DEPREC>                                    (1,096,612)
<NET-ASSETS>                                                 1,296,887
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           13,289,241
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,424,927
<NET-INVESTMENT-INCOME>                                     11,864,314
<REALIZED-GAINS-CURRENT>                                   (11,992,927)
<APPREC-INCREASE-CURRENT>                                    2,985,927
<NET-CHANGE-FROM-OPS>                                        2,857,314
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (724)
<DISTRIBUTIONS-OF-GAINS>                                        (3,918)
<DISTRIBUTIONS-OTHER>                                          (52,527)
<NUMBER-OF-SHARES-SOLD>                                        750,403
<NUMBER-OF-SHARES-REDEEMED>                                   (188,750)
<SHARES-REINVESTED>                                             16,494
<NET-CHANGE-IN-ASSETS>                                    (113,254,526)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (1,184,338)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,070,631
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,401,764
<AVERAGE-NET-ASSETS>                                         1,042,858
<PER-SHARE-NAV-BEGIN>                                             2.34
<PER-SHARE-NII>                                                   0.15
<PER-SHARE-GAIN-APPREC>                                          (0.12)
<PER-SHARE-DIVIDEND>                                             (0.00)
<PER-SHARE-DISTRIBUTIONS>                                        (0.01)
<RETURNS-OF-CAPITAL>                                             (0.12)
<PER-SHARE-NAV-END>                                               2.24
<EXPENSE-RATIO>                                                   1.60
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 11
              <NAME> STF SHORT TERM GLOBAL GOVT CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      106,228,949
<INVESTMENTS-AT-VALUE>                                     108,067,545
<RECEIVABLES>                                                3,800,464
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           112,442
<TOTAL-ASSETS>                                             111,980,451
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    4,411,035
<TOTAL-LIABILITIES>                                          4,411,035
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     2,258,541
<SHARES-COMMON-STOCK>                                        1,019,214
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                    1,813,191
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                              0
<OVERDISTRIBUTION-GAINS>                                    (3,175,577)
<ACCUM-APPREC-OR-DEPREC>                                    (1,096,612)
<NET-ASSETS>                                                 2,286,100
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                           13,289,241
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               1,424,927
<NET-INVESTMENT-INCOME>                                     11,864,314
<REALIZED-GAINS-CURRENT>                                   (11,992,927)
<APPREC-INCREASE-CURRENT>                                    2,985,927
<NET-CHANGE-FROM-OPS>                                        2,857,314
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (907)
<DISTRIBUTIONS-OF-GAINS>                                        (7,731)
<DISTRIBUTIONS-OTHER>                                         (103,627)
<NUMBER-OF-SHARES-SOLD>                                      2,785,355
<NUMBER-OF-SHARES-REDEEMED>                                 (1,806,608)
<SHARES-REINVESTED>                                             40,467
<NET-CHANGE-IN-ASSETS>                                    (113,254,526)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (1,184,338)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,070,631
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,401,764
<AVERAGE-NET-ASSETS>                                         2,064,844
<PER-SHARE-NAV-BEGIN>                                             2.34
<PER-SHARE-NII>                                                   0.15
<PER-SHARE-GAIN-APPREC>                                          (0.12)
<PER-SHARE-DIVIDEND>                                             (0.00)
<PER-SHARE-DISTRIBUTIONS>                                        (0.01)
<RETURNS-OF-CAPITAL>                                             (0.12)
<PER-SHARE-NAV-END>                                               2.24
<EXPENSE-RATIO>                                                   1.60
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   12
              <NAME>          STF GROWTH CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      160,499,137
<INVESTMENTS-AT-VALUE>                                     185,016,031
<RECEIVABLES>                                                9,341,359
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           511,349
<TOTAL-ASSETS>                                             194,868,739
<PAYABLE-FOR-SECURITIES>                                    13,748,452
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      698,571
<TOTAL-LIABILITIES>                                         14,447,023
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   122,548,118
<SHARES-COMMON-STOCK>                                       10,910,557
<SHARES-COMMON-PRIOR>                                       11,816,065
<ACCUMULATED-NII-CURRENT>                                       64,419
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     11,316,985
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    24,314,620
<NET-ASSETS>                                               154,763,349
<DIVIDEND-INCOME>                                            1,320,834
<INTEREST-INCOME>                                            1,668,620
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,653,446
<NET-INVESTMENT-INCOME>                                        336,008
<REALIZED-GAINS-CURRENT>                                    17,615,980
<APPREC-INCREASE-CURRENT>                                   25,111,808
<NET-CHANGE-FROM-OPS>                                       43,063,796
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (162,651)
<DISTRIBUTIONS-OF-GAINS>                                        (3,749)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                     13,826,099
<NUMBER-OF-SHARES-REDEEMED>                                (14,745,441)
<SHARES-REINVESTED>                                             13,834
<NET-CHANGE-IN-ASSETS>                                      53,613,451
<ACCUMULATED-NII-PRIOR>                                       (284,627)
<ACCUMULATED-GAINS-PRIOR>                                   (6,117,868)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,365,171
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,653,446
<AVERAGE-NET-ASSETS>                                       135,426,718
<PER-SHARE-NAV-BEGIN>                                            10.73
<PER-SHARE-NII>                                                   0.05
<PER-SHARE-GAIN-APPREC>                                           3.42
<PER-SHARE-DIVIDEND>                                             (0.02)
<PER-SHARE-DISTRIBUTIONS>                                        (0.00)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.18
<EXPENSE-RATIO>                                                   1.76
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   12
              <NAME>          STF GROWTH CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      160,499,137
<INVESTMENTS-AT-VALUE>                                     185,016,031
<RECEIVABLES>                                                9,341,359
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           511,349
<TOTAL-ASSETS>                                             194,868,739
<PAYABLE-FOR-SECURITIES>                                    13,748,452
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      698,571
<TOTAL-LIABILITIES>                                         14,447,023
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     6,067,297
<SHARES-COMMON-STOCK>                                          491,230
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                       64,419
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     11,316,985
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    24,314,620
<NET-ASSETS>                                                 6,927,957
<DIVIDEND-INCOME>                                            1,320,834
<INTEREST-INCOME>                                            1,668,620
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,653,446
<NET-INVESTMENT-INCOME>                                        336,008
<REALIZED-GAINS-CURRENT>                                    17,615,980
<APPREC-INCREASE-CURRENT>                                   25,111,808
<NET-CHANGE-FROM-OPS>                                       43,063,796
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (894)
<DISTRIBUTIONS-OF-GAINS>                                           (71)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        530,090
<NUMBER-OF-SHARES-REDEEMED>                                    (38,941)
<SHARES-REINVESTED>                                                 81
<NET-CHANGE-IN-ASSETS>                                      53,613,451
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (6,117,868)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,365,171
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,653,446
<AVERAGE-NET-ASSETS>                                         2,556,009
<PER-SHARE-NAV-BEGIN>                                            10.73
<PER-SHARE-NII>                                                  (0.04)
<PER-SHARE-GAIN-APPREC>                                           3.42
<PER-SHARE-DIVIDEND>                                             (0.01)
<PER-SHARE-DISTRIBUTIONS>                                        (0.00)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.10
<EXPENSE-RATIO>                                                   2.51
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER>   12
              <NAME>          STF GROWTH CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                      160,499,137
<INVESTMENTS-AT-VALUE>                                     185,016,031
<RECEIVABLES>                                                9,341,359
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           511,349
<TOTAL-ASSETS>                                             194,868,739
<PAYABLE-FOR-SECURITIES>                                    13,748,452
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      698,571
<TOTAL-LIABILITIES>                                         14,447,023
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    16,110,277
<SHARES-COMMON-STOCK>                                        1,327,832
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                       64,419
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     11,316,985
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    24,314,620
<NET-ASSETS>                                                18,730,410
<DIVIDEND-INCOME>                                            1,320,834
<INTEREST-INCOME>                                            1,668,620
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                               2,653,446
<NET-INVESTMENT-INCOME>                                        336,008
<REALIZED-GAINS-CURRENT>                                    17,615,980
<APPREC-INCREASE-CURRENT>                                   25,111,808
<NET-CHANGE-FROM-OPS>                                       43,063,796
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                       (1,598)
<DISTRIBUTIONS-OF-GAINS>                                          (226)
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      1,478,376
<NUMBER-OF-SHARES-REDEEMED>                                   (150,699)
<SHARES-REINVESTED>                                                155
<NET-CHANGE-IN-ASSETS>                                      53,613,451
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (6,117,868)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                        1,365,171
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                              2,653,446
<AVERAGE-NET-ASSETS>                                         8,147,429
<PER-SHARE-NAV-BEGIN>                                            10.73
<PER-SHARE-NII>                                                  (0.04)
<PER-SHARE-GAIN-APPREC>                                           3.42
<PER-SHARE-DIVIDEND>                                             (0.00)
<PER-SHARE-DISTRIBUTIONS>                                        (0.00)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              14.11
<EXPENSE-RATIO>                                                   2.51
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 13
              <NAME> STF FLORIDA INSURED MUNI CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       37,336,925
<INVESTMENTS-AT-VALUE>                                      37,242,707
<RECEIVABLES>                                                1,747,709
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           790,208
<TOTAL-ASSETS>                                              39,780,624
<PAYABLE-FOR-SECURITIES>                                     2,472,348
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      253,216
<TOTAL-LIABILITIES>                                          2,725,564
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    37,006,139
<SHARES-COMMON-STOCK>                                        3,575,980
<SHARES-COMMON-PRIOR>                                        4,101,336
<ACCUMULATED-NII-CURRENT>                                       10,724
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     (3,189,710)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                       (94,218)
<NET-ASSETS>                                                33,714,147
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,155,340
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 156,076
<NET-INVESTMENT-INCOME>                                      1,999,264
<REALIZED-GAINS-CURRENT>                                    (1,755,884)
<APPREC-INCREASE-CURRENT>                                    1,600,492
<NET-CHANGE-FROM-OPS>                                        1,843,872
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,911,228)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      1,063,315
<NUMBER-OF-SHARES-REDEEMED>                                 (1,698,306)
<SHARES-REINVESTED>                                            109,635
<NET-CHANGE-IN-ASSETS>                                      (1,486,359)
<ACCUMULATED-NII-PRIOR>                                          1,647
<ACCUMULATED-GAINS-PRIOR>                                   (1,427,742)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          200,364
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                564,797
<AVERAGE-NET-ASSETS>                                        34,570,213
<PER-SHARE-NAV-BEGIN>                                             9.40
<PER-SHARE-NII>                                                   0.52
<PER-SHARE-GAIN-APPREC>                                           0.03
<PER-SHARE-DIVIDEND>                                             (0.52)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.43
<EXPENSE-RATIO>                                                   0.39
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 13
              <NAME> STF FLORIDA INSURED MUNI CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       37,336,925
<INVESTMENTS-AT-VALUE>                                      37,242,707
<RECEIVABLES>                                                1,747,709
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           790,208
<TOTAL-ASSETS>                                              39,780,624
<PAYABLE-FOR-SECURITIES>                                     2,472,348
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      253,216
<TOTAL-LIABILITIES>                                          2,725,564
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     3,311,630
<SHARES-COMMON-STOCK>                                          353,258
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                       10,724
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     (3,189,710)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                       (94,218)
<NET-ASSETS>                                                 3,330,382
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,155,340
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 156,076
<NET-INVESTMENT-INCOME>                                      1,999,264
<REALIZED-GAINS-CURRENT>                                    (1,755,884)
<APPREC-INCREASE-CURRENT>                                    1,600,492
<NET-CHANGE-FROM-OPS>                                        1,843,872
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      (87,257)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        419,443
<NUMBER-OF-SHARES-REDEEMED>                                    (71,352)
<SHARES-REINVESTED>                                              5,167
<NET-CHANGE-IN-ASSETS>                                      (1,486,359)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (1,427,742)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          200,364
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                564,797
<AVERAGE-NET-ASSETS>                                         1,849,649
<PER-SHARE-NAV-BEGIN>                                             9.40
<PER-SHARE-NII>                                                   0.45
<PER-SHARE-GAIN-APPREC>                                           0.03
<PER-SHARE-DIVIDEND>                                             (0.45)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.43
<EXPENSE-RATIO>                                                   1.14
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 13
              <NAME> STF FLORIDA INSURED MUNI CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       37,336,925
<INVESTMENTS-AT-VALUE>                                      37,242,707
<RECEIVABLES>                                                1,747,709
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           790,208
<TOTAL-ASSETS>                                              39,780,624
<PAYABLE-FOR-SECURITIES>                                     2,472,348
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      253,216
<TOTAL-LIABILITIES>                                          2,725,564
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                        10,495
<SHARES-COMMON-STOCK>                                            1,117
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                       10,724
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     (3,189,710)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                       (94,218)
<NET-ASSETS>                                                    10,531
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            2,155,340
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 156,076
<NET-INVESTMENT-INCOME>                                      1,999,264
<REALIZED-GAINS-CURRENT>                                    (1,755,884)
<APPREC-INCREASE-CURRENT>                                    1,600,492
<NET-CHANGE-FROM-OPS>                                        1,843,872
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (486)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                          1,065
<NUMBER-OF-SHARES-REDEEMED>                                          0
<SHARES-REINVESTED>                                                 52
<NET-CHANGE-IN-ASSETS>                                      (1,486,359)
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                   (1,427,742)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          200,364
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                564,797
<AVERAGE-NET-ASSETS>                                            10,040
<PER-SHARE-NAV-BEGIN>                                             9.40
<PER-SHARE-NII>                                                   0.45
<PER-SHARE-GAIN-APPREC>                                           0.03
<PER-SHARE-DIVIDEND>                                             (0.45)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               9.43
<EXPENSE-RATIO>                                                   1.14
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 14
              <NAME> STF SHT TERM HIGH QUALITY CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       48,301,234
<INVESTMENTS-AT-VALUE>                                      48,745,567
<RECEIVABLES>                                                  507,981
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            12,588
<TOTAL-ASSETS>                                              49,266,136
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      137,271
<TOTAL-LIABILITIES>                                            137,271
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    44,493,663
<SHARES-COMMON-STOCK>                                       18,605,549
<SHARES-COMMON-PRIOR>                                        9,127,971
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                         (60,186)
<ACCUMULATED-NET-GAINS>                                     (1,018,312)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                       444,333
<NET-ASSETS>                                                43,810,594
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            3,710,189
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 435,917
<NET-INVESTMENT-INCOME>                                      3,274,272
<REALIZED-GAINS-CURRENT>                                    (2,579,188)
<APPREC-INCREASE-CURRENT>                                    1,061,733
<NET-CHANGE-FROM-OPS>                                        1,756,817
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (2,940,841)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                          (65,223)
<NUMBER-OF-SHARES-SOLD>                                     30,949,418
<NUMBER-OF-SHARES-REDEEMED>                                (22,359,364)
<SHARES-REINVESTED>                                            887,524
<NET-CHANGE-IN-ASSETS>                                      27,357,960
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                      (30,998)
<OVERDISTRIB-NII-PRIOR>                                        (46,765)
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          270,744
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                781,992
<AVERAGE-NET-ASSETS>                                        50,169,858
<PER-SHARE-NAV-BEGIN>                                             2.39
<PER-SHARE-NII>                                                   0.08
<PER-SHARE-GAIN-APPREC>                                           0.02
<PER-SHARE-DIVIDEND>                                             (0.14)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               2.35
<EXPENSE-RATIO>                                                   0.75
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 14
              <NAME> STF SHT TERM HIGH QUALITY CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       48,301,234
<INVESTMENTS-AT-VALUE>                                      48,745,567
<RECEIVABLES>                                                  507,981
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            12,588
<TOTAL-ASSETS>                                              49,266,136
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      137,271
<TOTAL-LIABILITIES>                                            137,271
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     2,967,372
<SHARES-COMMON-STOCK>                                        1,281,572
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                         (60,186)
<ACCUMULATED-NET-GAINS>                                     (1,018,312)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                       444,333
<NET-ASSETS>                                                 3,014,789
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            3,710,189
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 435,917
<NET-INVESTMENT-INCOME>                                      3,274,272
<REALIZED-GAINS-CURRENT>                                    (2,579,188)
<APPREC-INCREASE-CURRENT>                                    1,061,733
<NET-CHANGE-FROM-OPS>                                        1,756,817
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (109,162)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                           (2,758)
<NUMBER-OF-SHARES-SOLD>                                      1,593,248
<NUMBER-OF-SHARES-REDEEMED>                                   (345,485)
<SHARES-REINVESTED>                                             33,809
<NET-CHANGE-IN-ASSETS>                                      27,357,960
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                      (30,998)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          270,744
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                781,992
<AVERAGE-NET-ASSETS>                                         2,121,704
<PER-SHARE-NAV-BEGIN>                                             2.39
<PER-SHARE-NII>                                                   0.06
<PER-SHARE-GAIN-APPREC>                                           0.02
<PER-SHARE-DIVIDEND>                                             (0.12)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               2.35
<EXPENSE-RATIO>                                                   1.50
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 14
              <NAME> STF SHT TERM HIGH QUALITY CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       48,301,234
<INVESTMENTS-AT-VALUE>                                      48,745,567
<RECEIVABLES>                                                  507,981
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            12,588
<TOTAL-ASSETS>                                              49,266,136
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      137,271
<TOTAL-LIABILITIES>                                            137,271
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     2,301,995
<SHARES-COMMON-STOCK>                                          980,726
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                            0
<OVERDISTRIBUTION-NII>                                         (60,186)
<ACCUMULATED-NET-GAINS>                                     (1,018,312)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                       444,333
<NET-ASSETS>                                                 2,303,482
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            3,710,189
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 435,917
<NET-INVESTMENT-INCOME>                                      3,274,272
<REALIZED-GAINS-CURRENT>                                    (2,579,188)
<APPREC-INCREASE-CURRENT>                                    1,061,733
<NET-CHANGE-FROM-OPS>                                        1,756,817
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      (94,642)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                           (2,414)
<NUMBER-OF-SHARES-SOLD>                                      2,214,031
<NUMBER-OF-SHARES-REDEEMED>                                 (1,266,129)
<SHARES-REINVESTED>                                             32,824
<NET-CHANGE-IN-ASSETS>                                      27,357,960
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                      (30,998)
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          270,744
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                781,992
<AVERAGE-NET-ASSETS>                                         1,856,639
<PER-SHARE-NAV-BEGIN>                                             2.39
<PER-SHARE-NII>                                                   0.06
<PER-SHARE-GAIN-APPREC>                                           0.02
<PER-SHARE-DIVIDEND>                                             (0.12)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                               2.35
<EXPENSE-RATIO>                                                   1.50
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 15
              <NAME> STF CAL INS INTERMED MUNI CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       67,531,443
<INVESTMENTS-AT-VALUE>                                      69,412,026
<RECEIVABLES>                                                1,099,448
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            71,477
<TOTAL-ASSETS>                                              70,582,951
<PAYABLE-FOR-SECURITIES>                                     3,507,206
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      167,816
<TOTAL-LIABILITIES>                                          3,675,022
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    52,947,791
<SHARES-COMMON-STOCK>                                        5,213,601
<SHARES-COMMON-PRIOR>                                        3,379,914
<ACCUMULATED-NII-CURRENT>                                        2,141
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                         64,380
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     1,880,583
<NET-ASSETS>                                                54,506,529
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            3,119,852
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 302,887
<NET-INVESTMENT-INCOME>                                      2,816,965
<REALIZED-GAINS-CURRENT>                                        65,027
<APPREC-INCREASE-CURRENT>                                    2,019,396
<NET-CHANGE-FROM-OPS>                                        4,901,388
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (2,488,884)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      3,620,035
<NUMBER-OF-SHARES-REDEEMED>                                 (1,968,744)
<SHARES-REINVESTED>                                            182,396
<NET-CHANGE-IN-ASSETS>                                      32,761,330
<ACCUMULATED-NII-PRIOR>                                          1,412
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          319,780
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                878,998
<AVERAGE-NET-ASSETS>                                        50,303,866
<PER-SHARE-NAV-BEGIN>                                            10.10
<PER-SHARE-NII>                                                   0.50
<PER-SHARE-GAIN-APPREC>                                           0.35
<PER-SHARE-DIVIDEND>                                             (0.50)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.45
<EXPENSE-RATIO>                                                   0.42
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 15
              <NAME> STF CAL INS INTERMED MUNI CLASS B
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       67,531,443
<INVESTMENTS-AT-VALUE>                                      69,412,026
<RECEIVABLES>                                                1,099,448
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            71,477
<TOTAL-ASSETS>                                              70,582,951
<PAYABLE-FOR-SECURITIES>                                     3,507,206
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      167,816
<TOTAL-LIABILITIES>                                          3,675,022
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    12,002,591
<SHARES-COMMON-STOCK>                                        1,185,180
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        2,141
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                         64,380
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     1,880,583
<NET-ASSETS>                                                12,390,604
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            3,119,852
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 302,887
<NET-INVESTMENT-INCOME>                                      2,816,965
<REALIZED-GAINS-CURRENT>                                        65,027
<APPREC-INCREASE-CURRENT>                                    2,019,396
<NET-CHANGE-FROM-OPS>                                        4,901,388
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                     (327,566)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                      1,279,374
<NUMBER-OF-SHARES-REDEEMED>                                   (117,783)
<SHARES-REINVESTED>                                             23,589
<NET-CHANGE-IN-ASSETS>                                      32,761,330
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          319,780
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                878,998
<AVERAGE-NET-ASSETS>                                         7,827,717
<PER-SHARE-NAV-BEGIN>                                            10.10
<PER-SHARE-NII>                                                   0.43
<PER-SHARE-GAIN-APPREC>                                           0.35
<PER-SHARE-DIVIDEND>                                             (0.43)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.45
<EXPENSE-RATIO>                                                   1.17
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 15
              <NAME> STF CAL INS INTERMED MUNI CLASS S
       
<S>                                      <C>
<PERIOD-TYPE>                            12-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                       67,531,443
<INVESTMENTS-AT-VALUE>                                      69,412,026
<RECEIVABLES>                                                1,099,448
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                            71,477
<TOTAL-ASSETS>                                              70,582,951
<PAYABLE-FOR-SECURITIES>                                     3,507,206
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      167,816
<TOTAL-LIABILITIES>                                          3,675,022
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                        10,443
<SHARES-COMMON-STOCK>                                            1,033
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                        2,141
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                         64,380
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     1,880,583
<NET-ASSETS>                                                    10,796
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                            3,119,852
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 302,887
<NET-INVESTMENT-INCOME>                                      2,816,965
<REALIZED-GAINS-CURRENT>                                        65,027
<APPREC-INCREASE-CURRENT>                                    2,019,396
<NET-CHANGE-FROM-OPS>                                        4,901,388
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (433)
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                            990
<NUMBER-OF-SHARES-REDEEMED>                                          0
<SHARES-REINVESTED>                                                 43
<NET-CHANGE-IN-ASSETS>                                      32,761,330
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                          319,780
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                878,998
<AVERAGE-NET-ASSETS>                                            10,151
<PER-SHARE-NAV-BEGIN>                                            10.10
<PER-SHARE-NII>                                                   0.43
<PER-SHARE-GAIN-APPREC>                                           0.35
<PER-SHARE-DIVIDEND>                                             (0.43)
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.45
<EXPENSE-RATIO>                                                   1.17
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 16
              <NAME>  TARGET MATURITY 2002 FUND CLASS A
       
<S>                                      <C>
<PERIOD-TYPE>                            4-MOS
<FISCAL-YEAR-END>                        JUN-30-1995
<PERIOD-END>                             JUN-30-1995
<INVESTMENTS-AT-COST>                                        2,351,131
<INVESTMENTS-AT-VALUE>                                       2,464,904
<RECEIVABLES>                                                   18,512
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           152,130
<TOTAL-ASSETS>                                               2,635,546
<PAYABLE-FOR-SECURITIES>                                             0
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                        9,728
<TOTAL-LIABILITIES>                                              9,728
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                     2,483,918
<SHARES-COMMON-STOCK>                                          243,568
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                       28,133
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                             (6)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                       113,773
<NET-ASSETS>                                                 2,625,818
<DIVIDEND-INCOME>                                                    0
<INTEREST-INCOME>                                               28,758
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                   3,564
<NET-INVESTMENT-INCOME>                                         25,194
<REALIZED-GAINS-CURRENT>                                            (6)
<APPREC-INCREASE-CURRENT>                                      113,773
<NET-CHANGE-FROM-OPS>                                          138,961
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
<DISTRIBUTIONS-OF-GAINS>                                             0
<DISTRIBUTIONS-OTHER>                                                0
<NUMBER-OF-SHARES-SOLD>                                        245,738
<NUMBER-OF-SHARES-REDEEMED>                                     (2,170)
<SHARES-REINVESTED>                                                  0
<NET-CHANGE-IN-ASSETS>                                       2,625,818
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                            1,207
<INTEREST-EXPENSE>                                                   0
<GROSS-EXPENSE>                                                 22,742
<AVERAGE-NET-ASSETS>                                         1,711,642
<PER-SHARE-NAV-BEGIN>                                            10.00
<PER-SHARE-NII>                                                   0.12
<PER-SHARE-GAIN-APPREC>                                           0.66
<PER-SHARE-DIVIDEND>                                              0.00
<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              10.78
<EXPENSE-RATIO>                                                   0.74
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0
        



</TABLE>


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