<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
OCC CASH RESERVES - CALIFORNIA MUNICIPAL PORTFOLIO SEMI- ANNUAL REPORT FOR THE
PERIOD ENDED MAY 31, 2000
</LEGEND>
<CIK> 0000851173
<NAME> CALIFORNIA MUNICIPAL PORTFOLIO
<SERIES>
<NUMBER> 5
<NAME> CALIFORNIA MUNICIPAL PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-2000
<PERIOD-START> DEC-01-1999
<PERIOD-END> MAY-31-2000
<INVESTMENTS-AT-COST> 67,234,997
<INVESTMENTS-AT-VALUE> 67,234,997
<RECEIVABLES> 1,335,909
<ASSETS-OTHER> 2,539
<OTHER-ITEMS-ASSETS> 107,857
<TOTAL-ASSETS> 68,681,302
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 132,191
<TOTAL-LIABILITIES> 132,191
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 68,579,828
<SHARES-COMMON-STOCK> 68,580,553
<SHARES-COMMON-PRIOR> 66,500,420
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (30,717)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 68,549,111
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,093,001
<OTHER-INCOME> 0
<EXPENSES-NET> 316,269
<NET-INVESTMENT-INCOME> 776,732
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 776,732
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 776,732
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 278,720,197
<NUMBER-OF-SHARES-REDEEMED> (277,404,508)
<SHARES-REINVESTED> 764,444
<NET-CHANGE-IN-ASSETS> 2,080,133
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (30,717)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 169,509
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 317,542<F1>
<AVERAGE-NET-ASSETS> 67,803,692
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.01
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.93
<FN>
<F1>Gross of expenses offset - $1,273
</FN>
</TABLE>
