[ARTICLE] 6
[CIK] 0000873929
[NAME] Riggs Funds
[SERIES]
[NUMBER] 042
[NAME] Riggs Stock Fund Class Y Shares
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] Apr-30-2001
[PERIOD-END] Oct-31-2000
[INVESTMENTS-AT-COST] 100,657,316
[INVESTMENTS-AT-VALUE] 131,158,012
[RECEIVABLES] 1,642,350
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 3,202,851
[TOTAL-ASSETS] 136,003,213
[PAYABLE-FOR-SECURITIES] 1,297,684
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 3,411,788
[TOTAL-LIABILITIES] 4,709,472
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 73,742,662
[SHARES-COMMON-STOCK] 7,157,271
[SHARES-COMMON-PRIOR] 8,093,686
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (77,705)
[ACCUMULATED-NET-GAINS] 27,128,088
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 30,500,696
[NET-ASSETS] 91,032,590
[DIVIDEND-INCOME] 821,959
[INTEREST-INCOME] 126,080
[OTHER-INCOME] 0
[EXPENSES-NET] (987,147)
[NET-INVESTMENT-INCOME] (39,108)
[REALIZED-GAINS-CURRENT] 4,887,342
[APPREC-INCREASE-CURRENT] (10,532,139)
[NET-CHANGE-FROM-OPS] (5,683,905)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 22,827
[NUMBER-OF-SHARES-REDEEMED] (959,250)
[SHARES-REINVESTED] 8
[NET-CHANGE-IN-ASSETS] (28,043,686)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 22,240,746
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 555,175
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 995,778
[AVERAGE-NET-ASSETS] 98,986,736
[PER-SHARE-NAV-BEGIN] 13.230
[PER-SHARE-NII] 0.000
[PER-SHARE-GAIN-APPREC] (0.500)
[PER-SHARE-DIVIDEND] (0.010)
[PER-SHARE-DISTRIBUTIONS] 0.000
[RETURNS-OF-CAPITAL] 0.000
[PER-SHARE-NAV-END] 12.720
[EXPENSE-RATIO] 1.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>