CASH TRUST SERIES II
NSAR-B, EX-27, 2000-07-20
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000870241
<NAME>                            Cash Trust Series II
<SERIES>
     <NUMBER>                     02
     <NAME>                       Municipal Cash Series II

<S>                               <C>
<PERIOD-TYPE>                     12-Mos
<FISCAL-YEAR-END>                 May-31-2000
<PERIOD-END>                      May-31-2000
<INVESTMENTS-AT-COST>             357,643,280
<INVESTMENTS-AT-VALUE>            357,643,280
<RECEIVABLES>                     2,517,277
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              4,782,711
<TOTAL-ASSETS>                    364,943,268
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         476,510
<TOTAL-LIABILITIES>               476,510
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          364,466,758
<SHARES-COMMON-STOCK>             364,466,758
<SHARES-COMMON-PRIOR>             257,445,206
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           0
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          0
<NET-ASSETS>                      364,466,758
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 11,352,891
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,350,343)
<NET-INVESTMENT-INCOME>           9,002,548
<REALIZED-GAINS-CURRENT>          0
<APPREC-INCREASE-CURRENT>         0
<NET-CHANGE-FROM-OPS>             9,002,548
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (9,002,548)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           1,750,703,422
<NUMBER-OF-SHARES-REDEEMED>       (1,651,871,612)
<SHARES-REINVESTED>               8,189,742
<NET-CHANGE-IN-ASSETS>            107,021,552
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,443,050
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,512,831
<AVERAGE-NET-ASSETS>              288,588,866
<PER-SHARE-NAV-BEGIN>             1.000
<PER-SHARE-NII>                   0.030
<PER-SHARE-GAIN-APPREC>           0.000
<PER-SHARE-DIVIDEND>              (0.030)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               1.000
<EXPENSE-RATIO>                   0.81
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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