<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000885709
<NAME> PAYDEN & RYGEL INVESTMENT GROUP
<SERIES>
<NUMBER> 21
<NAME> PAYDEN & RYGEL HIGH INCOME FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
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<PERIOD-END> APR-30-2000
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<NET-CHANGE-IN-ASSETS> (2823)
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</TABLE>