GALAXY FUND II
NSAR-A, EX-27, 2000-11-17
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<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> MUNICIPAL BOND FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-2001
<PERIOD-END>                               SEP-30-2000
<INVESTMENTS-AT-COST>                       30,741,305
<INVESTMENTS-AT-VALUE>                      31,152,779
<RECEIVABLES>                                  443,380
<ASSETS-OTHER>                                     140
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              31,596,299
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       97,307
<TOTAL-LIABILITIES>                             97,307
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    31,977,631
<SHARES-COMMON-STOCK>                        3,083,645
<SHARES-COMMON-PRIOR>                        2,740,198
<ACCUMULATED-NII-CURRENT>                          163
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                       890,276
<ACCUM-APPREC-OR-DEPREC>                       411,474
<NET-ASSETS>                                31,498,992
<DIVIDEND-INCOME>                               13,087
<INTEREST-INCOME>                              769,172
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  92,396
<NET-INVESTMENT-INCOME>                        689,863
<REALIZED-GAINS-CURRENT>                     (162,374)
<APPREC-INCREASE-CURRENT>                      479,330
<NET-CHANGE-FROM-OPS>                        1,006,819
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (689,863)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        667,489
<NUMBER-OF-SHARES-REDEEMED>                  (357,385)
<SHARES-REINVESTED>                             33,343
<NET-CHANGE-IN-ASSETS>                       3,729,931
<ACCUMULATED-NII-PRIOR>                            163
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   (727,902)
<GROSS-ADVISORY-FEES>                           38,196
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 94,036
<AVERAGE-NET-ASSETS>                        30,559,650
<PER-SHARE-NAV-BEGIN>                            10.13
<PER-SHARE-NII>                                    .23
<PER-SHARE-GAIN-APPREC>                            .08
<PER-SHARE-DIVIDEND>                               .23
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.21
<EXPENSE-RATIO>                                     .6


</TABLE>


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