WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000880934
<NAME> REGIONS FUNDS
<SERIES>
<NUMBER> 022
<NAME> REGIONS FIXED INCOME FUND - CLASS B SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Nov-30-2000
<PERIOD-END> May-31-2000
<INVESTMENTS-AT-COST> 259,140,287
<INVESTMENTS-AT-VALUE> 249,992,729
<RECEIVABLES> 4,107,517
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 254,100,246
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,833,067
<TOTAL-LIABILITIES> 1,833,067
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 266,795,556
<SHARES-COMMON-STOCK> 4,675,105
<SHARES-COMMON-PRIOR> 4,817,150
<ACCUMULATED-NII-CURRENT> 1,909
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (5,382,728)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (9,147,558)
<NET-ASSETS> 46,245,346
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,392,568
<OTHER-INCOME> 0
<EXPENSES-NET> (964,644)
<NET-INVESTMENT-INCOME> 7,427,924
<REALIZED-GAINS-CURRENT> (2,388,804)
<APPREC-INCREASE-CURRENT> (2,972,714)
<NET-CHANGE-FROM-OPS> 2,066,406
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,323,646)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 830,307
<NUMBER-OF-SHARES-REDEEMED> (1,013,182)
<SHARES-REINVESTED> 40,830
<NET-CHANGE-IN-ASSETS> (11,654,287)
<ACCUMULATED-NII-PRIOR> 2,914
<ACCUMULATED-GAINS-PRIOR> (2,993,924)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 966,581
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,286,838
<AVERAGE-NET-ASSETS> 47,301,207
<PER-SHARE-NAV-BEGIN> 10.100
<PER-SHARE-NII> 0.280
<PER-SHARE-GAIN-APPREC> (0.210)
<PER-SHARE-DIVIDEND> (0.280)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.890
<EXPENSE-RATIO> 0.68
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
