WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000880934
<NAME> REGIONS FUNDS
<SERIES>
<NUMBER> 061
<NAME> REGIONS BALANCED FUND - CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Nov-30-2000
<PERIOD-END> May-31-2000
<INVESTMENTS-AT-COST> 151,051,061
<INVESTMENTS-AT-VALUE> 177,711,138
<RECEIVABLES> 3,580,371
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 105,277
<TOTAL-ASSETS> 181,396,786
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 213,732
<TOTAL-LIABILITIES> 213,732
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 152,459,109
<SHARES-COMMON-STOCK> 929,739
<SHARES-COMMON-PRIOR> 993,836
<ACCUMULATED-NII-CURRENT> 464,243
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,599,625
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 26,660,077
<NET-ASSETS> 14,199,308
<DIVIDEND-INCOME> 510,919
<INTEREST-INCOME> 2,945,505
<OTHER-INCOME> 0
<EXPENSES-NET> (1,145,994)
<NET-INVESTMENT-INCOME> 2,310,430
<REALIZED-GAINS-CURRENT> 1,600,501
<APPREC-INCREASE-CURRENT> (4,641,404)
<NET-CHANGE-FROM-OPS> (730,473)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (207,771)
<DISTRIBUTIONS-OF-GAINS> (451,989)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 107,148
<NUMBER-OF-SHARES-REDEEMED> (171,245)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (1,722,359)
<ACCUMULATED-NII-PRIOR> 433,340
<ACCUMULATED-GAINS-PRIOR> 5,237,223
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 744,479
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,192,524
<AVERAGE-NET-ASSETS> 15,095,141
<PER-SHARE-NAV-BEGIN> 15.970
<PER-SHARE-NII> 0.210
<PER-SHARE-GAIN-APPREC> (0.250)
<PER-SHARE-DIVIDEND> (0.210)
<PER-SHARE-DISTRIBUTIONS> (0.450)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 15.270
<EXPENSE-RATIO> 1.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
