[ARTICLE] 6
[CIK] 0000873929
[NAME] Riggs Funds
[SERIES]
[NUMBER] 032
[NAME] Riggs U.S. Government Securities Fund Y
<TABLE>
<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>
