WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000880934
<NAME> REGIONS FUNDS
<SERIES>
<NUMBER> 041
<NAME> REGIONS LIMITED MATURITY GOVERNMENT FUND - CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Nov-30-2000
<PERIOD-END> May-31-2000
<INVESTMENTS-AT-COST> 109,418,555
<INVESTMENTS-AT-VALUE> 108,038,553
<RECEIVABLES> 1,693,225
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 109,731,778
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 754,926
<TOTAL-LIABILITIES> 754,926
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 111,250,510
<SHARES-COMMON-STOCK> 6,798,714
<SHARES-COMMON-PRIOR> 6,765,521
<ACCUMULATED-NII-CURRENT> 73,404
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (967,060)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,380,002)
<NET-ASSETS> 66,318,738
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,358,105
<OTHER-INCOME> 0
<EXPENSES-NET> (489,726)
<NET-INVESTMENT-INCOME> 2,868,379
<REALIZED-GAINS-CURRENT> (818,439)
<APPREC-INCREASE-CURRENT> (320,370)
<NET-CHANGE-FROM-OPS> 1,729,570
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,747,986)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 994,232
<NUMBER-OF-SHARES-REDEEMED> (961,039)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (4,379,982)
<ACCUMULATED-NII-PRIOR> 81,705
<ACCUMULATED-GAINS-PRIOR> (148,621)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 389,398
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 600,983
<AVERAGE-NET-ASSETS> 66,984,321
<PER-SHARE-NAV-BEGIN> 9.860
<PER-SHARE-NII> 0.260
<PER-SHARE-GAIN-APPREC> (0.110)
<PER-SHARE-DIVIDEND> (0.260)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.750
<EXPENSE-RATIO> 0.78
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
