WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000873929
<NAME> Riggs Funds
<SERIES>
<NUMBER> 032
<NAME> Riggs U.S. Government Securities Fund Class Y Shares
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Apr-30-2001
<PERIOD-END> Oct-31-2000
<INVESTMENTS-AT-COST> 111,294,607
<INVESTMENTS-AT-VALUE> 113,061,949
<RECEIVABLES> 1,476,890
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 10,091,476
<TOTAL-ASSETS> 124,630,315
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10,700,903
<TOTAL-LIABILITIES> 10,700,903
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 116,540,265
<SHARES-COMMON-STOCK> 9,027,064
<SHARES-COMMON-PRIOR> 10,873,079
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (16,461)
<ACCUMULATED-NET-GAINS> (4,361,734)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,767,342
<NET-ASSETS> 87,408,377
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,768,673
<OTHER-INCOME> 0
<EXPENSES-NET> (444,447)
<NET-INVESTMENT-INCOME> 3,324,226
<REALIZED-GAINS-CURRENT> (97,727)
<APPREC-INCREASE-CURRENT> 2,816,909
<NET-CHANGE-FROM-OPS> 6,043,408
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,578,444)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 276,198
<NUMBER-OF-SHARES-REDEEMED> (2,122,221)
<SHARES-REINVESTED> 8
<NET-CHANGE-IN-ASSETS> (18,936,909)
<ACCUMULATED-NII-PRIOR> 7,436
<ACCUMULATED-GAINS-PRIOR> (4,264,007)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 457,748
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 780,129
<AVERAGE-NET-ASSETS> 92,240,330
<PER-SHARE-NAV-BEGIN> 9.470
<PER-SHARE-NII> 0.270
<PER-SHARE-GAIN-APPREC> 0.210
<PER-SHARE-DIVIDEND> (0.270)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.680
<EXPENSE-RATIO> 0.67
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
